Mehn the airline stocks are selling off right now. Google has halted all international travel for all their employees. Ford motors also halted travel for their employees. This is similar to what happened after the terrorist attacks on september 11th 2001 but after the bottom, the airline stocks had a V shape rally of 50%. Today we found out that Warren Buffet's Berkshire Hathaway increased it's stake in Delta Airlines. I will be watching the airline stocks but mostly as they continue to fall as more news about travel restrictions from corporate america come to light. I like Southwest Airline (LUV). DOW swung 1500 points today, the bottom is usually very volatile.

Feds cut interest rate and the market is going higher again. We shall see if Friday's close Is the bottom but regardless of what the feds do, there's still a contagious virus out there. I did buy a few SPCE and TSLA. Instead of using all your cash to buy at these levels, buy in small quantities and reduce your cost average as this may not be the bottom.

gamaliel9:
OakPearl and Yer Yer...you did not show us any direction today...no stock picks....Come and navigate this US market for us oooo..you have been doing a great job here....

Thanks bro. Yesterday was just so busy, I didn't have time to post. Will do so today. I'm glad to see the market bounce 5%, the sellers were exhausted. I'm still cautious though, but that's why I've been buying the dip in small amounts and will continue to do so.

nna777:


Hope you picked at a low. It closed @70 I think?

I still think it's a stock to buy into. when their clinical trials are over and they start rolling out, not even the virus will be able to stop its bull.

I think it closed at $26. I bought the April 17th $30 call 3 days ago. Basically I'm predicting the stock price will end up above $30 before April 17th to turn a profit. So far I'm down 29%, but there's still time for things to turn around in my favor.
They are reporting the first death in the U.S, market may drop like a rock monday.

OakPearl:


Wow!
Been on the highway all day.
Was to board this train before it sped off above $103 days ago.
But it seems to have reversed to come pick me.
Waiting to swoop below $100 if it does.

It was becoming a fast rising direct competitor with ROKU and then coronavirus gave it this leap.

Yeah, also NFLX & TTD. These are stay-at-home stocks. I will just track these for now and see if there are any buying opportunities.

iBio inc
Another corona virus-related stock is up 265% today. Bought small this morning. I'm up 100%.
I will keep playing these stocks with small amounts of money until the trade stops working.

Zoom (ZM)
Zoom is a video conferencing platform that allows people to hold meetings online virtually from anywhere in the world. As more employers are asking workers to stay home, this stock is poised to benefit. Stock is up 50% from February 13th, though. Pick your entry point.

Closed AHPI premarket for 327%

AHPI is up 311% today. I got in today but a bit late. Still up 129%. Many traders are buying up these low cap stocks with potential of benefitting from the Corona virus. The big traders are playing the greater fool theory; in other words, they are hoping someone else is dumb enough to buy the stock at higher valuations and then they sell and cash out. I will keep playing these names but only with small amount of money and plan to sell few minutes after purchase and avoid holding overnight if possible. Many of these companies will drop to new lows and no one will remember them a year from now.

gamaliel9:
Does it mean there is no case of cure for coronavirus? Are infected people not being cured? No report at all why?

I think I heard they are treating those who tested positive with a combination of influenza and malaria medications and many have been cured this way in china. But it's all experimental.

budaatum:

Until that black swan moment when it drops and decides to not rebound for years!

Thankfully, such drops are rare, but some think one is due. So, with apologies.

The proverbial black swan.

OakPearl:


The ultimate is to understand the market inside-out.
This is why no one can predict the market.
Even with all things fundamental and technical looking good about the stock market, a sudden viral disease can emerge and make nonesence of every human permutation.

Understanding the market is knowing where next the money goes.
When the stock market is tanking, ETF's and gold stocks will be rising.

Absolutely, no one can predict the market. Just playing the hand we are dealt.

YerYer:
Market sell off. It needs to fall some more before I buy the dip. If there are reports of more infections in another country tomorrow, it will fall even more. We might have a little dead cat bounce, but don't catch a falling knife. If SPCE drops to $22, I'm buying.

SPCE @$22.3

Some of my positions that are up today

Some stocks that are up premarket thanks to Corona virus. Some of these guys make masks, some are working on a vaccine or provide diagnostics. If this thing becomes pandemic, none of the current mask suppliers can even keep up with demand. Right now, many 3rd party sellers on amazon are price gauging the mask, some are selling as high as $120 each and it will not arrive until march.

TNXP 85%
AHPI 73%
CODX 85%
APT 49%
MRNA 25%
VXRT 22%
NNVC 17%

nna777:


Gilead closed higher. up $3.20 gain. I think it's still a good buy. They are riding on their drug trial.

Will probably pick a small share or option position in this. Got into moderna yesterday, the stock is up 24%.

bjbjbj:
DRIP and I swing MGI, RIOT. Today profit $79

I remember RIOT was one of the bitcoin darlings from late 2017. Surprised that company still exists. What platform do you use and are you day trading?

YerYer:
Looks like any pharmaceutical company that announces that they are working on a Corona vaccine, their stock is immediately rewarded. Yesterday COCP was up as high as 92%, it is up almost 300% in 5 days. Today a small pharmaceutical company announced that its working on a vaccine, boom the stock has shot up 112%. This reminds me of the bitcoin stocks and rush from 2017.
You can make money just watching out for common patterns with these stocks, get in early and get out early. They are mostly small cap stocks with high volatility and their stock price can be easily manipulated.

Moderna (MRNA) is amongst the big pharm companies with a real chance and possibility to produce the vaccine; stock is up 50% from yesterday. This one is worth buying

*** the small pharmaceutical company i was referring to is TNXP***

TNXP is up 167% today

Looks like any pharmaceutical company that announces that they are working on a Corona vaccine, their stock is immediately rewarded. Yesterday COCP was up as high as 92%, it is up almost 300% in 5 days. Today a small pharmaceutical company announced that its working on a vaccine, boom the stock has shot up 112%. This reminds me of the bitcoin stocks and rush from 2017.
You can make money just watching out for common patterns with these stocks, get in early and get out early. They are mostly small cap stocks with high volatility and their stock price can be easily manipulated.

Moderna (MRNA) is amongst the big pharm companies with a real chance and possibility to produce the vaccine; stock is up 50% from yesterday. This one is worth buying

*** the small pharmaceutical company i was referring to is TNXP***

Researchers have found that whenever the market drops by more than 2% In a day, the market rebounds somewhat the next day and drastically improves in a week or month.
The first picture below shows the performance of the S&P and Dow after a 2% or more selloff.

The second picture shows the S&P performance after a 2%+ selloff on mondays over the last 20yrs. 94% of the time, the market outperformed by the following week.


If you didn't sell before the massive decline, it's counter-productive to sell afterwards
If you have cash, start putting money to work rather than congratulating yourself for avoiding the plunge
Reward far outweighs risks for anyone with a MEDIUM to LONG-TERM horizon.

Create a shopping list of quality stocks that are oversold and/or offer dividend. Again this is for long term investors, avoid high flyer names.

Some oversold quality stocks for long term investors I'm tracking.

ADS, AYI, CAL, DBI, ESNT, GEF, HY, MAC, PLCE, SAVE, STAY and SPG

Do your own research.

OakPearl:


I think I should start updating the forum on weekly earnings dates ahead of time.
It helps investors take position early for possible quick returns.

That's a good idea

ukay2:


A beg what is the result of SPCE?

Any dividend?

They haven't reported yet. Will report in the next 3hrs. I don't see any dividend though.

SPCE reports earnings today after the closing bell. What are your moves? Holding?

Check out COCP, up 63% premarket.

OakPearl:


Hot cash!

Would have swing-traded this one but was frustrated out of it with Trove's incessant cancellation of orders.
Na wa!

To be fair, even American brokerages were having technical difficulties. Maybe they couldn't handle the web traffic.

OakPearl:
STOCK FOCUS

Tocagen Inc. (TOCA) $1.90

It's up 20% in 30mins

Anyone know why GNPX is up 20%? I don't see any recent news. I'm up almost 60% since buying last week.

Gold stocks are killing it

Check out AUY @ $4.76

Market sell off. It needs to fall some more before I buy the dip. If there are reports of more infections in another country tomorrow, it will fall even more. We might have a little dead cat bounce, but don't catch a falling knife. If SPCE drops to $22, I'm buying.

ALLY

It was oversold after a recent acquisition. Currently priced at $29.48. It was at $33 before the acquisition.

Watching LL and OSTK

OakPearl:


Good.
I have been waiting for it to pull back before buying but this stubborn stock will not burge below $57.

It's at $55.7