Trying to think of stocks that have been hit hardest by the pandemic that should rebound well afterwards... cruise lines, airlines, consumer discretionary, amusement parks... what else?
Weatherweenie's Account Talk
Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.
Trying to find the BOTTOM isn't as easy as it sounds. It has screwed me on many occasions, usually the first tip up is huge and we have to IFT after the close that day, that BIG BOUNCE can turn around the next day and the hard part is deciding what to do. Hang in there and take the loss or jump back into the "G" Fund or it could continue to the upside, then your screwed and stuck with the loss, or visa versa.Zombie.gifBeartrap.jpg
Been hearing rumors of many local car dealerships filing bankruptcy. Car sales virtually nonexistent. Large inventories of unsold vehicles on the lots. Employees being furloughed. Not sure this is a good pick. I'm hoping my Ford stock will at least recover to where it was prior to the coronavirus outbreak. JMHO
Not trying to find the bottom, just getting a list together of stocks that have fallen the most since this event started that also have a good chance of recovering well when we get out of it. Some of these companies need to 2x or even 3x to get back to where they were 2 months ago. I don't care if I miss the bottom by 10% if I'm going to get +150% from it over the next year.
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
Happy Easter TSPTalk fam. Hope the easter bunny brought you some nest eggs!
Bullish inverted H&S pattern on AAPL's hourly chart?
AAPL 12 APR 20.jpg
Bullish inverted H&S pattern on AMD's hourly chart. Currently at $48.90 with a price target in the $55 range.
AMD 12 APR 20.jpg
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