Coronavirus/Stock Market

Discussion in 'Iowa Whitetail Conference' started by Hardwood11, Feb 27, 2020.

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  1. Hardwood11

    Hardwood11 It is going to be a good fall!

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    Wow what a wild ride, thinking about dumping more $$ in right now. Some of these stocks are getting hammered. Not sure it is justified.

    What do you guys think?
     
    Last edited: Feb 27, 2020
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  3. JNRBRONC

    JNRBRONC Moderator

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    Buy low, sell high. Interested to see how much buying power I’ll have at the first of the month.


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  4. Oct-Lull

    Oct-Lull Active Member

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    Sure looks like being aggressive is the move. Its not even supposed to be able to transfer via inanimate objects so all this talk about Christmas toys shouldnt be a real issue. That being said the media seems to want to whip this up

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  5. IowaBowHunter1983

    IowaBowHunter1983 Super Moderator Staff Member

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    Strong economy is dooms day for Democrats in November. The more hysteria the liberal media creates the more they effect things. I have yet to meet a medical professional that is that concerned. The damn flu kills 50,000 people in US annually!
     
  6. Farm boy

    Farm boy Member

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    I don't think it's totally justified either, think it's getting blown out of proportion.
    I will wait just a little bit before I put money into it probably a couple of weeks.
    Could be more drop in this market.
     
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  7. Hardwood11

    Hardwood11 It is going to be a good fall!

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    Drugs kill hundreds of thousands, but they are more worried about a virus that has yet to kill anyone in the US. Hype it up, Trumps fault! LOL
     
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  8. HawkeyeStateHogs

    HawkeyeStateHogs Member

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    Cruise lines are really getting hammered. They could stay down for a while though.
     
  9. BJohnson

    BJohnson Well-Known Member

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    The stock market reaction has little to do with death projections and everything to do with business flow interruptions of global supply chains. When governments are forced to shut down activities in large regions which produce parts, drugs, etc for consumption around the world, it creates an uncertainty. Stock markets "HATE" uncertainty. Factor in Bernie's momentum and markets that were looking for an excuse to go down after months of unrelenting movement higher and BAM, it's a brutal correction. I read today it has been the quickest 10%+ haircut in history.





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  10. JNRBRONC

    JNRBRONC Moderator

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    Norovirus had me saying no to go on a cruise, now with coronavirus it is a hard NO!


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  11. Hardwood11

    Hardwood11 It is going to be a good fall!

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    Cruise stocks might be mighty cheap on the next few months.
     
  12. Fishbonker

    Fishbonker Life Member

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    Well, so much for buying that pull over ice tent I had my eye on.
     
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  13. JNRBRONC

    JNRBRONC Moderator

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    High of 60 this Sunday, take a life jacket.


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  14. Hardwood11

    Hardwood11 It is going to be a good fall!

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    Oil stocks getting crushed. Big buyers will swooping in soon.
     
  15. Fishbonker

    Fishbonker Life Member

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    My "guy" had/has me in funds heavy in oil pipeline stocks . I don't wanna look at my statement. This too shall pass.
     
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  16. Iowa_Buckeye

    Iowa_Buckeye Active Member

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    Oil has been going down the past several years.
     
  17. Brett Morris

    Brett Morris PMA Member

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    Energy stocks.........I think you might have been better off tech focused. Oil has been a rough go for quite awhile.
     
  18. Hardwood11

    Hardwood11 It is going to be a good fall!

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    A diversified portfolio... energy stocks have solid dividends. We will always need oil and gas. Check out Valero Energy for example.
     
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  19. Brett Morris

    Brett Morris PMA Member

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    I'm a financial advisor, I absolutely believe in diversifying.
     
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  20. RinggoCy

    RinggoCy Member

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    Saw a CNN headline yesterday that read something like "DOW falls x,xxx points, the most in history" completely ignoring %.
    It's all about clicks and fear mongering.
     
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  21. hillrunner

    hillrunner PMA Member

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    I always feel like a dumb ars when I realize I accidentally clicked on a CNN link expecting honesty. Lol
     

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