Buy Low Sell High
Anyone buy up the market when it bottomed out? Or are a lot of you waiting to see where Q2 earnings land before making the plunge?
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Doesn't seem like earnings will be relevant this quarter -- everyone knows they will be shit. It's all about Corona treatment and vaccine... once we get positive movement on that, market should be in for consistent rise.
But for those who had balls to buy MGM and Carnival week ago... kudos to you.
Buying Carnival (or any cruise line) equity is basically straight gambling. It's like people don't think there will be a general paradigm shift in consumer behavior after this...
I think people will go cruising again... but not full-on until we get that vaccine.
Agency mortgage REITs, 30% bump since 2 weeks ago. Might be too late t go in now.
Yes
The only way to make money is buy before the FED and sell to them. Market is broken. How is the FED buying junk bonds and keeping bond market on life support helping underlying companies stay solvent... Unless they just raise more debt to sell to the FED...
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