Boiler Room: The Official Stock Market Discussion
The reality is there's a good chance a couple airlines won't make it....I'm thinking about jumping back in on airline stocks, saying fukk it and letting it rock till next year
But the ones that do, you'll at least double if not triple your investment in a couple years.
Saysumthinfunnymike
VOTE!!!
Don't forget the JETS ETF. Anyway, looking at the futures right now it could change but it's about -200 on the dow. I mentioned how it was tough for the DOW to stay above the 24,000 mark.
Going back a month to April 8th... we've been trading between 23,000 and 24,500. Back and forth, rinse and repeat.
Everyone talks about how quick the recovery was but what happened is from March 23rd to April 8th the Dow climbed back from 18.5 to like 23k+ in two weeks.
The market has been relatively consistent now for the past month.
I don't mind picking off some shares at 23k but above that not really.. lately I've just been hunting out individual companies like I did with NVAX today.
Going back a month to April 8th... we've been trading between 23,000 and 24,500. Back and forth, rinse and repeat.
Everyone talks about how quick the recovery was but what happened is from March 23rd to April 8th the Dow climbed back from 18.5 to like 23k+ in two weeks.
The market has been relatively consistent now for the past month.
I don't mind picking off some shares at 23k but above that not really.. lately I've just been hunting out individual companies like I did with NVAX today.
Saysumthinfunnymike
VOTE!!!
Basically the same remains true.. airlines started to recover some and then retested the lows and have stayed there. Cruise lines are still too high and Vegas casinos are way too high.
Tech has completely taken over and run up near their highs..
Tech has completely taken over and run up near their highs..
Saysumthinfunnymike
VOTE!!!
I think airlines can be a good investment but it's risky right now and I'm not sure they are worth more than a swing trade. I made money on AAL and SAVE and rinse and repeated with them. DAL didn't make me anything. LUV has only made me a small little profit that's not even worth discussing.
Look brehs yall pouring jelly on yourself if you're not in $mark.
Chrishaune
Veteran
Got in on NVDA
We looking at anything else
Yall thinking what I'm thinking right
I think you can safely shop at stores like TJ Max as well
At what point does the sell happen? 2.19 seems like a very risky entry point on a penny.
