Stock Market thread

Lone Wolf

Sparrow
yes, the fed just killed the market. Powell said something along the lines of "not considering negative interest rates". And today, the market completed a heads and shoulders pattern. I expect the sp500 to go to 2600 soon
 

bali

Pigeon
Do you think 2600 will be the bottom for the sandp or do you think it will drop
more?
It seems like the record unemployment since the depression sounds bad.
Will we fall into another depression over the summer if jobs are not improved?
 
What are you guy's thoughts on investing in mutual funds vs individual stocks?
Stick to ETFs and Mutuals. Research broad market funds that capture the whole market. I invest through Charles Schwab, but Vanguard would be a bit better.

Here some I own and can attest to appreciation and dividends.
SCHD, SCHB.
For oil XLE
For bonds TLT, SWAGX

With the exception of the bond funds, all are down, XLE has been creamed. Bonds are making their run now and may be to late. However, I hedge my equities with TLT.

Only invest money you will not need for 5 to 10 years. Thus, you can weather the meltdowns. I have been through Black Monday 1997, the dot com bust, and the great recession, and now this. All my investments recovered and principle increased quite a bit.

Now is a fantastic time to buy assets and an absolute horrible time to sell equities.
 

BB1

Robin
@BB1

Has the recent turmoil changed your thesis on the likes of AYX, TTD and MDB in the long term at all?

Cheers.
Not at all. MongoDB (MDB) and The Trade Desk (TTD) have hit all time highs this month, despite the Covid-19 fear. Alteryx (AYX) has bounced back well and will probably hit all time highs again in a few more quarters.

Another of my strong recommendations, Shopify (SHOP), is killing it.

Im currently looking at adding ROKU to my portfolio.
 
Not at all. MongoDB (MDB) and The Trade Desk (TTD) have hit all time highs this month, despite the Covid-19 fear. Alteryx (AYX) has bounced back well and will probably hit all time highs again in a few more quarters.

Another of my strong recommendations, Shopify (SHOP), is killing it.

Im currently looking at adding ROKU to my portfolio.
Hey BB1, what's your bull case for Roku?

I agree both Shopify and The Trade Desk are strong buys with Shopify seen as the anti-amazon and The Trade Desk being the future of online advertising.

One of the most niche and best performing stocks in my portfolio is Games Workshop Group - wide moat, loyal and passionate consumer base and very strong fundamentals.
 
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