Jump to content
The Official Site of the Vancouver Canucks
Canucks Community

Investing in the stock market - Discussion


AV's Coin

Recommended Posts

On 6/11/2020 at 1:20 PM, NucksPatsFan said:

4th largest drop in history for the DOW today.

 

I didn't liquidate - I'm fortunate to be pretty diversified and while I"m in the red, I'm not "oh sh*t hide it from the wife" in the red. 

 

Hope the fed's start printing money tonight lol. 

 

Either way likely not making any trades tomorrow unless a couple of my covid stocks release PR tomorrow. 

Better late than never........... :lol:

 

Fed says it will switch to directly buying corporate bonds instead of just ETFs

Mon 15 Jun 2020 18:02:49 GMT

 

The Fed is changing it up

The Fed is changing up its corporate bond buying program to buy the bonds directly, rather than solely via ETFs.
 
The Fed said it will buy based on a building a broad diversified portfolio based on a market index of US bonds.
 
Here's the release.
 
The tool is meant to "improve market functioning" and they're calling this plan an "update". All the PR words the Fed has been using lately show just how politicized the central bank has become. "Main street facility" for $300m loans? Please.
 
The PMCCF will provide companies access to credit by (i) purchasing qualifying bonds as the sole investor in a bond issuance, or (ii) purchasing portions of syndicated loans or bonds at issuance. The SMCCF may purchase in the secondary market (i) corporate bonds issued by investment-grade U.S. companies; (ii) corporate bonds issued by companies that were investment-grade rated as of March 22, 2020, and that remain rated at least BB-/Ba3 at the time of purchase.
They're even buying new issues.

The program will buy up to $750B in bonds with the Treasury providing $75B for potential losses.
Link to comment
Share on other sites

27 minutes ago, nuckin_futz said:

Better late than never........... :lol:

 

Fed says it will switch to directly buying corporate bonds instead of just ETFs

Mon 15 Jun 2020 18:02:49 GMT

 

The Fed is changing it up

The Fed is changing up its corporate bond buying program to buy the bonds directly, rather than solely via ETFs.
 
The Fed said it will buy based on a building a broad diversified portfolio based on a market index of US bonds.
 
Here's the release.
 
The tool is meant to "improve market functioning" and they're calling this plan an "update". All the PR words the Fed has been using lately show just how politicized the central bank has become. "Main street facility" for $300m loans? Please.
 
The PMCCF will provide companies access to credit by (i) purchasing qualifying bonds as the sole investor in a bond issuance, or (ii) purchasing portions of syndicated loans or bonds at issuance. The SMCCF may purchase in the secondary market (i) corporate bonds issued by investment-grade U.S. companies; (ii) corporate bonds issued by companies that were investment-grade rated as of March 22, 2020, and that remain rated at least BB-/Ba3 at the time of purchase.
They're even buying new issues.

The program will buy up to $750B in bonds with the Treasury providing $75B for potential losses.

The feds are the Trojan horse that allow the bulls back in.

 

Let's gooooooooo.

image.thumb.png.e7afb194e2b14ad3a8d8d9bb25232c82.png

 

Link to comment
Share on other sites

If you want a quick scalp, Trevor Milton will be on the Cramer show today. Could present for a good after hours bump into pre market tomorrow, but sell before opening bell tomorrow. Just my opinion, I don't have any information regarding what going on the Cramer show could do to the stock

Link to comment
Share on other sites

1 hour ago, NucksPatsFan said:

If you want a quick scalp, Trevor Milton will be on the Cramer show today. Could present for a good after hours bump into pre market tomorrow, but sell before opening bell tomorrow. Just my opinion, I don't have any information regarding what going on the Cramer show could do to the stock

edit: Gonna investigate more before posting

Edited by NucksPatsFan
Link to comment
Share on other sites

Just bought some more GNUS dropping my average buy fro 4.49 to 4.21. Really need this one to make a jump sometime this week. I thought the Arnold Schwarzenegger news would cause an upswing, not a downswing :sadno:

Link to comment
Share on other sites

33 minutes ago, Warhippy said:

These markets make no sense the last 2 weeks.

We can expect a green week thanks to the fed. 
 

I finally decided to trade on the nasdaq but I was busy working prior to the announcement and right now I’m just holding the cash, till something catches my attention. 

Link to comment
Share on other sites

As an FYI. GNUS stop limit triggered at $4.38. I'm currently out and looking for another entry if below $3.25

 

In the mean time I'm waiting for the launch of RPRX.. IPO was this morning, should open within the next 1-2 hours around $40 a share. Huge huge pharma company.

Link to comment
Share on other sites

1 hour ago, AriGold2.0 said:

As an FYI. GNUS stop limit triggered at $4.38. I'm currently out and looking for another entry if below $3.25

 

In the mean time I'm waiting for the launch of RPRX.. IPO was this morning, should open within the next 1-2 hours around $40 a share. Huge huge pharma company.

double bottom pattern on rprx right now

Link to comment
Share on other sites

Man GNUS falling fast. I got my average down to $3.84, but I'm really tempted to take my losses and run now. I told myself I'd never sell for a loss though. I was really hoping it would be trending up by now with the launch on Monday

Link to comment
Share on other sites

Please sign in to comment

You will be able to leave a comment after signing in



Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...