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Share Picks 2020

beertons

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all about the mane

BillyBiggs wrote: »

Does anybody else find that Friday is a sh1t day always at the office? Thinking of playing on the market till Thursday and knocking it on the head then till Monday.

Plenty people out there who do just that

bilbot79

What do you think the markets will do tomorrow?

garrettod

bilbot79 wrote: »

What do you think the markets will do tomorrow?

Something that very few people will predict correctly

Shedite27

BillyBiggs wrote: »

Does anybody else find that Friday is a sh1t day always at the office? Thinking of playing on the market till Thursday and knocking it on the head then till Monday.

Markets closed this Friday for Easter if you're thinking of doing it.

Main lesson from the past month has been to not try to guess what the market is gonna do. If you're in it long, stay in and ride it out. If you did your strategy last Friday and closed your positions you'd have missed yesterday's pre-market rally.

DM1983

Sooooo. I've been holding cash waiting and waiting. Have I missed it??!

Bob Harris

DM1983 wrote: »

Sooooo. I've been holding cash waiting and waiting. Have I missed it??!

Plenty of ups and downs yet to come. You still have your cash so that's good.

neris

bilbot79 wrote: »

What do you think the markets will do tomorrow?

Open

weemcd

DM1983 wrote: »

Sooooo. I've been holding cash waiting and waiting. Have I missed it??!

I would severely doubt it. I don't know so don't listen to me, but there are many stocks out there that are above their price a year ago. I still imagine a lot of drops and rallies to come for months yet before there"s anything like normality.

TRS30

Nemeses2050 wrote: »

sure man, apparently Saudis bought a huge chunk of Carnival...that news is pushing it up.

it certainly is, up 25% on LSE already!

Bob24

TRS30 wrote: »

it certainly is, up 25% on LSE already!

It is. But last month it already went down to 600 GBX before recovering to 1200 and dropping to 600 again. I would not chance making predictions about where it is going next!

Possibly some opportunities with the right trades, but handle with care :-)

retalivity

Easyjet up 25%, Ryanair up 8%, Asos up 27%

Still think its a dead cat bounce

ELM327

I dont think it's a dead cat bounce, but it's an uptick based on nothing.
Flights have not increased, most of the world is still on lockdown, no vaccine has been found.
Time to take gains if you're in profit and wait for the next fall to buy in again imo.

I'm up 25% on AAL - which is the only stock I have left - and will be selling as soon as market opens. I have the rest of my profits and capital sitting in my account waiting for the next down wave trough

Bob24

retalivity wrote: »

Easyjet up 25%, Ryanair up 8%, Asos up 27%

Still think its a dead cat bounce

Same here, but hard to keep composure with these moves!

IMO airlines (and anything travel related) are quite a gamble. No doubt several of them are going bankrupt so you'd better pick the right ones! (if you get a surviving one which ends-up buying dirt cheap airplanes and slots from a bankrupt one you are good though)

TRS30

Bob24 wrote: »

It is. But last month it already went down to 600 GBX before recovering to 1200 and dropping to 600 again. I would chance making predictions about where it is going next!

Possibly some opportunities with the right trades, but handle with care :-)

Have been watching it for the last week or more, will keep an eye and if it drops back to 500 or so might get some. Will most likely dump thought if makes a decent jump.

Nemeses2050

Bob24 wrote: »

It is. But last month it already went down to 600 GBX before recovering to 1200 and dropping to 600 again. I would not chance making predictions about where it is going next!

Possibly some opportunities with the right trades, but handle with care :-)

yep, it's been jumping up and down...so definitely handle with care. closed my position with decent gains.

retalivity wrote: »

Easyjet up 25%, Ryanair up 8%, Asos up 27%

Still think its a dead cat bounce

had easyjet and closed it last nite...feck it

ELM327 wrote: »

I dont think it's a dead cat bounce, but it's an uptick based on nothing.
Flights have not increased, most of the world is still on lockdown, no vaccine has been found.
Time to take gains if you're in profit and wait for the next fall to buy in again imo.

I'm up 25% on AAL - which is the only stock I have left - and will be selling as soon as market opens. I have the rest of my profits and capital sitting in my account waiting for the next down wave trough

AAL, have some hope it makes a decent run today

ELM327

At the moment the best strategy, or at least the one I'm employing, is to buy in at close to what looks like the bottom, and sell when you've made a reasonable profit.
You may miss the absolute bottom or the absolute peak of that wave and trough but pretty much everything (esp travel and fintech) seems to be super volatile at the moment.

Kilboor

ELM327 wrote: »

At the moment the best strategy, or at least the one I'm employing, is to buy in at close to what looks like the bottom, and sell when you've made a reasonable profit.
You may miss the absolute bottom or the absolute peak of that wave and trough but pretty much everything (esp travel and fintech) seems to be super volatile at the moment.

So buy low sell high ðŸ˜‚ðŸ˜‚

voluntary

get in, get out with +20%. Repeat 3 times and you have 72.8% gain.

ELM327

Kilboor wrote: »

So buy low sell high &#55357;&#56834;&#55357;&#56834;

Exactly.
Isnt that always the way :pac::pac::D:D

Shedite27

I have suspicions about the Saudis/Carnival thing. They bought the stock, told everyone about it, stock price jumped and they make a quick buck. The Saudis could sell now on a 30% 2 day profit

ELM327

voluntary wrote: »

get in, get out with +20%. Repeat 3 times and you have 72.8% gain.

That's a better way of explaining what I was saying above.
A nuanced buy low and sell high strategy!

Shedite27 wrote: »

I have suspicions about the Saudis/Carnival thing. They bought the stock, told everyone about it, stock price jumped and they make a quick buck. The Saudis could sell now on a 30% 2 day profit

Yes, I doubt the SEC has as much control in saudi as it does of Elon!

Bob24

Shedite27 wrote: »

I have suspicions about the Saudis/Carnival thing. They bought the stock, told everyone about it, stock price jumped and they make a quick buck. The Saudis could sell now on a 30% 2 day profit

If that is their plan, I'll pick up some share after they have sold and the prices collapses :-)

Could they also be trying to acquire the company/ships on the cheap to somewhat try and create a Saudi cruise line?

Nemeses2050

Saudis have a huge sovereign fund and have investments in some Big conglomerates..however this is the first time it seems they're investing in a distressed company...they're cruseing for brewsing

Breakerz

retalivity wrote: »

Easyjet up 25%, Ryanair up 8%, Asos up 27%

Still think its a dead cat bounce

Agree 100%. Boeing is even on the way up.

Nemeses2050

good advise from Mark Mobius

think we'll definitely touch the lows again, no point chasing them now.

bilbot79

I'm thinking today is another up day. Maybe gonna sell in a few hours

Bob Harris

I'd be wary of profit taking today, huge jumps in the last two days. If you're up might be a good idea to get out early.

bilbot79

Bob Harris wrote: »

I'd be wary of profit taking today, huge jumps in the last two days. If you're up might be a good idea to get out early.

You might be right.

Outkast_IRE

Think i will hold onto what i have until Thursday . I am currently up about 8% from what i bought at, if i was up 10% i would be happy to sell and sit back and watch from the sidelines until the next drop.

Nemeses2050

Think this rally will fizzle out by CoB today, the markets are nearly 15% up in just two days there will be a lot of profit booking pressure I guess.