What Did You Buy Today?

[vbin]

(03-20-2020, 11:46 AM)Otter Wrote:

(03-20-2020, 11:31 AM)vbin Wrote:

(03-20-2020, 11:24 AM)Otter Wrote:

(03-20-2020, 10:31 AM)vbin Wrote:

(03-20-2020, 10:29 AM)kblake Wrote: PFE now under $30. JNJ getting cheaper. I see they are selling all the safe stocks today. Wall St up to their old tricks again. Rotation, rotation. I took advantage of that today and added to some of the names in that space. I'm not falling for the..... yeah lets bid up the stocks who are most affected by this lol

Yeah, small cap is done, large and mid next.

I intend to put 50% of my 401k into Small Cap Growth once there are clear signs of a market bottom. That time is not here yet.

Would love to get a signal from u on that. I haven't touched my 401k and Roth IRAs , they are on cruise control. I am still young and learning. But my trade accounts have a bunch of firepower left.

Missed on a few deals though I fee, AER, STWD, HTZ, DCP, WES, and a few others. A bunch are are already 100% up from downs.

My best guess as to point of maximum pessimism is by end of April or early May. We are trending for a huge spike in infections and essentially unmitigated pandemic. Recent "lockdown" measures sound strong, but are actually quite weak compared to what China did in Hubei Province and what Italy has done (weaker than China to date). 

Epidemiologically, it looks like we are headed for a huge, rapid peak that overwhelms the healthcare system for approximately 75-90 days, with the maximum peak occurring at the midpoint of that period. 

Market may continue to drift down or sideways slowly for a while after the peak of the peak, but I think you'll see most of the big drops between now and that late April/early May time period. Afterwards, there will probably be at least slivers of good news on the horizon. 

Am keeping a close eye on it, and will change my opinion if the facts on the ground change.

Agree with you somwhat. I always believed we were in front of a steam roller when this started and the first case was found. But overall and comparatively, people are more self concious, maintain more social distancing here. u.s.a is not as densly populated and have the best brains from the world here. So even the 75% effort of what China did should work.but unfortunately we aren't even at 75% yet.