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AriGold2.0

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    Investing in the stock market - Discussion

    in Off-Topic General

    Posted

    4 minutes ago, Russ said:

    Lol little overreation to the vaccine announcement I think but I still think lots of companies are going to be staying heavy on zoom for years to come and reduce their office space. I don't like how Plizer sat on the announcement during the election, seems slimy but I guess they had their reasons. 

     

    All my premarket is in the green post election but all minimal percentages.  But hopefully it holds up for a while :P I like green much better than red haha

    https://apnews.com/article/virus-outbreak-donald-trump-europe-54b77dd8c1a84a3e2a3a8d11dc2a0646

     

    They called it in Mid-Oct prior to the election news that mid-Nov they would announce it. Techniclly 1 day early from their Nov 10-20 projection.

    • Cheers 1

    Investing in the stock market - Discussion

    in Off-Topic General

    Posted

    1 minute ago, I.Am.Ironman said:

    They got hammered. I think a goldman sach's analyst pegged them at $65 a share a few days ago then this happened lol. Tough day at the office for that guy. Their 1 year and 6 month charts looks pretty dreadful though

    Yeah but a 10% Q doesn't warrant a 40% selloff.

     

    I'll gladly ride this out for 2-3 weeks to $50 or so.

     

    You have to think, this has now bottomed out...

     

    image.thumb.png.6ca06f38052a2b6d7f4184af6de2f742.png

    Investing in the stock market - Discussion

    in Off-Topic General

    Posted · Edited by AriGold2.0

    17 minutes ago, I.Am.Ironman said:

    You wonder what happens when trump makes a mess out of this.. do the markets react or just not care?

    My assumption they wouldn't care. A Biden win is already priced in.

     

    ------------------------------

     

    I very much like Draftkings below $40 for a 2 week ride.. 

     

    They just signed Bryson Dechambeau one of the best golfers in the world to a multi-year deal. He will be wearing DK gear at the masters next weekend.

     

    Add in that DKs earnings are Friday Nov 13th and they should just SMASH earnings with people at home and not at games. Online gambling has been huge the past 6 months.

     

    My personal PT is $50+ by the end of NOV.

     

    image.png.0267fd7b5193d2e660774adf65f5c77c.png

     

    https://www.investors.com/news/gambling-stocks-sports-betting-state-ballot-measures/

     

    Add in that several states just this week approved online gambling.. Colorado, Nebraska, Louisiana and South Dakota.

    • Cheers 1

    Investing in the stock market - Discussion

    in Off-Topic General

    Posted

    2 minutes ago, I.Am.Ironman said:

    My thoughts are fairly similar.

     

    Monday - Green pump to start the morning but will taper off... I think a lot of it will just be a waiting game for Tuesday though finishing +200.

    Tuesday - Red -400.. case counts still ~100k/day

    Wednesday - Red -600..Biden wins, markets over react

    Thursday - +600 bargain bin shopping + likely stimulus (if dems win senate)

    Friday - what does trump do? mail in votes are all tallied, what are the MAGA base doing? Civil unrest? Impossible to know....  i'll go with +400 as market continue to rebound and there are minimal consequences from election

    Please yes.. Pump that money into the economy!!

    Investing in the stock market - Discussion

    in Off-Topic General

    Posted

    Alrighty... Lets see the 3-4 day market predictions.. Lets see who's closest, let's use the Dow Jones.

     

    Monday - Green start to red finish. Finish down 250

    Tuesday - Very rough start in the red. Slight gains mid day to a heavy Red Finish, down 450 to end. - Biden leads polls by AH end around 5PM so AH is very bad.

    Wednesday - Biden declared president, markets tank. Down -750

    Thursday - People stop caring and the markets recover. +800

     

    I'm looking to make my entries back into the market around Wednesday after hours or Thursday pre market.

    • Like 1
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