Share Picks 2020

i'm looking at getting some of Ryanair and CRH from Iseq and a bit of delta depending on fall.

Yes, it's possible that they drop further, especially the likes of BA.
If you fancy a vegas like punt, there's always TSLA lol

cefh17 wrote: »

Bloodbath

Bit over dramatic IMO, We're back to Thursday's level

ELM327 wrote: »

Am waiting for US markets to open, and see what happens, have my eye on BA and AAL

What happens to your holding if the government intervenes?

I'm still not underwater on MSFT shares and I only bought them in August.

bilbot79 wrote: »

I reckon I might lose my airline stocks this way

Its a risk of course, but that's why you dont buy stocks with money you cant afford to lose

Mohammed el erian ex head of Pimco and a truthful analyst says markets can still fall at least another 20 % , this could look conservative in a couple of weeks time if good news does not come out of Italy or progress on a vaccine.

ELM327 wrote: »

The next couple of weeks is where the value is. In a few months we'll be on the way to the other side of the virus, likely with a vaccine.

I think a sniff of a vaccine and this all goes away

bilbot79 wrote: »

I think a sniff of a vaccine and this all goes away

I agree. But the companies developing the vaccines are saying themselves that they are still several months away from a safe effective Human tested vaccine. Human's may have developed our own immunity to Covid-19 by then.

What kind of shape are the world economies going to be in by mid summer ? Banking crisis is just around the corner too and what if food production gets hit ?

I would think markets still have some way to fall.

I'm staying in cash til this blows over.

Anyone selling today is nuts
Anyone buying today is speculative

bilbot79 wrote: »

I think a sniff of a vaccine and this all goes away

I'd tend to agree

coolshannagh28 wrote: »

This is a bear market and the only play is short or keep your powder dry .

shorting is a possible winner at this time once you can afford to double down if needed


The market can remain irrational longer than you can remain solvent!

My bet is that we're somewhere in the middle of this selloff. Not touching stock until late April at the earliest.
There will be many days like today in the next few weeks.

voluntary wrote: »

My bet is that we're somewhere in the middle of this selloff. Not touching stock until late April at the earliest.
There will be many days like today in the next few weeks.

I say about 70% into the sell off. There are just sooo many unknowns.
The infection data from US is practically non existent compared to true cases. 1 Trillion magic money appearing just to stave off the panic fall curve to something more manageable. Bail out of airlines likely with some maybe nationalized. Service industry going to grind to a halt. Huge demand in social services required. No data at all at immunity rates or duration or possibilities. Best case scenario vaccines still a year away from mass consumption.

I feel like now the message of how serious this is going to be is starting to appear clear. That's a great thing. A lot less thinking of flipping on a quick recovery market. Proper fear for the proper dire consequences of the situation.

There is plenty of money to be made in recovery.. as always, but recovery is not fast, and that's OK.

I dont have the stones unfortunately to short. It seems so much riskier to me than not making money. Kudos to the good people here who can stomach it. I'd lose the run of myself.

manonboard wrote: »

I say about 70% into the sell off.

It's sometimes worth to take a step back and look at the big picture.




Having medium strength balls you'd want to wait until at least tech index hits 5400, with strong balls you'd wait even for 3600 before going shopping.