Share Picks 2020

coolshannagh28 wrote: »

Welcome to the new paradigm , the bailout after 2008 and the current money printing has convinced investors that the good times are here forever.

A market for millenials!

coolshannagh28 wrote: »

Welcome to the new paradigm , the bailout after 2008 and the current money printing has convinced investors that the good times are here forever.

When Government allow private companies to 'create' money ..... low-and-behold they create sh** loads of it.

Its possibly this Monopoly money splashing around that is keeping the Stock market ticking over ....despite the World going to hell in a hand basket :mad:

Link to a YouTube video about it

https://www.youtube.com/watch?v=t6m49vNjEGs


Personally, I'm sitting on the sidelines anxiously waiting for the big drop soo I can let rip with a wild buying spreee

Galectin Therapeutics had been hanging around in my portfolio for a while slowing bleeding value.

Last two days :eek:

littlemac1980 wrote: »

Zoom “bombing” this morning.

Thanks google :mad:

littlemac1980 wrote: »

Nice! I’ve been holding a handful of KITOV Pharmaceuticals for a few weeks now, looks like i might finally be seeing some progress. Bit of a pop at the moment.

Waiting for this for a while 😭

plasmin wrote: »

Waiting for this for a while 😭

Do you have an exit price in mind? I only have a small amount so not really worth splitting my sells.

voluntary wrote: »

The worst ever recession is hitting the world and people are buying stocks like mad. Something has to break here. Either I'm right or the the whole world has no no f..n logic :pac:


.

It's bizarre isn't it, S&P on track for its best month since October 1974.

Bob24 wrote: »

4 letters: TINA

Central banks have manage to create a system whereby there is nowhere else to go. Like most administrated markets it will probably end in tears once reality kicks in, but no one knows how long it can last.

You know what I find interesting.

If you look at the price charts for many companies over the past 1-2 yrs you come across some that were clearly declining in value over 12-18 months pre COVID.

Then COVID hits and naturally these shares slump along with everything else. But in some cases the bounce reversed a longer term trend and now some companies look like they are doing better than before.

Almost as if their issues pre-COVID have been lost in the “noise”

Oh, sorry to be a total noob but what’s TINA?

littlemac1980 wrote: »

Oh, sorry to be a total noob but what’s TINA?

There is no alternative, stocks basically rise because there is nothing better to invest in.

littlemac1980 wrote: »

Thanks haha that’s so true though - was that the real reason everyone dropped interest rates to practically zero, so we’d all have to turn to shares?

Yes - whether it is the main reason I don’t know, but I’d say at least it is seen by central bankers as a positive side-effect :-)

And besides yields, a rational reason to turn to stocks is that at least it is not debt: you own part of a productive asset which you expect will keep generating value. The price of that asset can fluctuate but at least this is something you own (as opposed as debt owed to you) and if you pick very safe/strong companies it shouldn’t disappear.

Whereas a savings account or government bonds are debt owed to you by a bank or a government, which comes with its own risk (I am hearing the phrase “debt jubilee” more than ever before in the past few weeks).

To be clear I am not saying everyone should convert all their wealth in stocks, but I am growing more and more wary about any way to store value which involves someone else having a debt towards me, without paying me interest, and in a currency which is being printed like it is is going out of fashion and has been losing value over time (which is the case of most major world currencies).

Another side effect of zero and negative interest rates which central bankers will like a lot less is that besides stocks these are therefore pushing people towards things like gold (on the safe side) and Bitcoin (on the more adventurous side). Or a mix of gold and stocks: Franco Nevada is a gold streaming company I like whose stock has done rather well this year: https://finance.yahoo.com/quote/FNV/

voluntary wrote: »

I think FED and other central banks wanted to react fast, unlike in 2008 to prevent a large crisis, however, the law of unintended consequences and side effects kicked in. The economy is dead as it would be, money is flying around, the stock market balloon is blowing. I don't think that's the way it was intended maybe conspiracy theory fans would say this is exactly like it was intended to give people in power some extra time to hide their wealth from the imminent destruction.

I do think preventing a stock market collapse is a significant part of the rational for recent central bank actions though (at least the Fed and most certainly the BoJ which purchases stock ETFs, it is probably a smaller concern for the ECB).

And this is not just to help the ones in power (although the well connected are closer to the money tap and probably get a head start about key monetary policy announcements which IMO is rigging the game). Between the fact that the US (and other countries) has allowed its economy to be over-financialised and the fact that a lot of Americans rely on a stocks portfolio so much for their retirement, that country has put itself in a situation whereby a market crash would have dire consequences in the “real” world.

My gut tells me FED will only stop when the inflation picks up. Not sure what will they do if/when the economy will still be in pieces but the inflation hits 5% or so.

"There are no easy solutions to stagflation.

Monetary policy can generally try to reduce inflation (higher interest rates) or increase economic growth (cut interest rates). Monetary policy cannot solve both inflation and recession at the same time."
https://www.economicshelp.org/blog/glossary/stagflation/

Looking like we get a pull back today lets see if it holds- might be a red week ahead looking shaky for me anyways

Europe is closed today lads.

Was looking to get out of Disney myself after the recent jumps. Real boom or bust one. My rationale for staying is the potential they have to compete with netflix. I think the parks are going to be long time getting back to normal. Tough to compete with netflix first mover advantage and not sure how many will keep up subscriptions. Bought at 95 and leaning get out. Carries a good bit of debt too.

Interested in comments above on vmware. That is one on a watch list for me.