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Pre market 3/18 Thread

Posted on 3/17/20 at 7:44 pm
Posted by bayoubengals88
LA
Member since Sep 2007
18930 posts
Posted on 3/17/20 at 7:44 pm
because why not?

Futures down roughly 3%

Will we bounce off support again
Posted by bass
Member since Oct 2016
3860 posts
Posted on 3/17/20 at 7:46 pm to
Market will be stable ‘til Thursday around 2pm IMO
Posted by VAvolfan
Member since Feb 2010
2326 posts
Posted on 3/17/20 at 7:50 pm to
This is a roller coaster. But screw it. May just go ahead and get an etrade account to entertain myself since I’m working from home now
Posted by SalE
At the beach
Member since Jan 2020
2414 posts
Posted on 3/17/20 at 7:50 pm to
Remember ...stocks go down a lot faster than they go up...
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 3/17/20 at 7:59 pm to
So, what has changed from 3:00 to now? This is stupid.
Posted by Pendulum
Member since Jan 2009
7047 posts
Posted on 3/17/20 at 8:04 pm to
There's people who bought the rally who need their money stolen.
Posted by bayoubengals88
LA
Member since Sep 2007
18930 posts
Posted on 3/17/20 at 8:05 pm to
quote:

There's people who bought the rally who need their money stolen.


Only if they sell
Posted by bass
Member since Oct 2016
3860 posts
Posted on 3/17/20 at 8:06 pm to
quote:

So, what has changed from 3:00 to now? This is stupid


Welcome to investing
Posted by JasonHotWheelsStreet
Member since Mar 2015
393 posts
Posted on 3/17/20 at 8:09 pm to
Two near term events on the horizon that I think will send a mini-free fall event:
1) As more tests become available, a "true up" of actual cases could dramatically climb, overnight
2) Oil is likely to trade in the mid-teens here in the next few weeks
Posted by bayoubengals88
LA
Member since Sep 2007
18930 posts
Posted on 3/17/20 at 8:11 pm to
quote:

Oil is likely to trade in the mid-teens here in the next few weeks

Posted by bass
Member since Oct 2016
3860 posts
Posted on 3/17/20 at 8:13 pm to
Gas is $1.55/gallon at Costco right now, not good.
Posted by castorinho
13623 posts
Member since Nov 2010
82031 posts
Posted on 3/17/20 at 8:21 pm to
Honestly, when I get in my car and drive, it's pretty depressing. Just eerie.

Q1 and Q2 earnings will be a disaster
Posted by WPBTiger
Parts Unknown
Member since Nov 2011
31049 posts
Posted on 3/17/20 at 8:22 pm to
quote:

Gas is $1.55/gallon at Costco right now, not good.


I will take the cheap gas. Good for everyone except those in the industry and the State of Louisiana.
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 3/17/20 at 8:38 pm to
I bought pk at $4.75. great buy for me. screenshot available upon request.

be cautious everyone until trump send out trump checks and then buy buy buy.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167272 posts
Posted on 3/17/20 at 8:43 pm to
I am a simple man I see green I buy SPY puts. It will work until it doesn't but I loaded up on some today ready for tomorrow.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 3/17/20 at 8:52 pm to
quote:

Gas is $1.55/gallon at Costco right now, not good.


What a shitty time to have cheap gas prices
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35334 posts
Posted on 3/17/20 at 9:02 pm to
Who's copping some Concordia or Amneal Pharms?


They make hydroxychloroquine
Posted by redfieldk717
Alec Box
Member since Oct 2011
28117 posts
Posted on 3/17/20 at 9:11 pm to
Gas ganna go a good bit lower than that
Posted by TheChosenOne
Member since Dec 2005
18519 posts
Posted on 3/17/20 at 9:14 pm to
quote:

Q1 and Q2 earnings will be a disaster


It will be interesting to see what happens. Say things turn around quickly with COVID-19, the earnings reports will still be bad. Is that already baked into the current prices or will there be more panic?
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69304 posts
Posted on 3/17/20 at 9:20 pm to
quote:

As more tests become available, a "true up" of actual cases could dramatically climb, overnight
Absolutely insane that this isn't already baked into the pie.

Do investors not read articles?
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