AFF Member Stock Discussion

[cove]

I missed SOL just below $20 and did not chase them. The same happened with EVT.
Hotels may have occupancy issues from what I was told on Monday last week so that may extend for a while with so many cancelling their travel.
I think some health stocks may go well in this next few months.

 

[andy2015]

Taken a 10% hit - easy come, easy go. We still have 20 years of earning $$$$$ to go.

Yeah same for me. You just in ETFs?

+10% from Jan 1 to Feb 20. It was only a matter of time and what would be the catalyst.

Time for me to arrange a line of credit I think.

 

[amaroo]

Yeah same for me. You just in ETFs?

+10% from Jan 1 to Feb 20. It was only a matter of time and what would be the catalyst.

Time for me to arrange a line of credit I think.

We just muck about within our SMSF. We have roughly 1/3 in property, 1/3 in cash, and 1/3 in shares.

If the market really does a correction we'll get that cash working harder with shares.

 

[I love to travel]

Any predictions on what will happen tomorrow? No Aust government stimulus over the weekend which a few commentators were predicting.

 

[cove]

Futures are down 40 points but the market could go anywhere.

 

[tgh]

market could go anywhere.

I agree.. but expect it to settle at these levels with a wait and see approach.
What will likely send it down again is when companies start issuing trading updates.

 

[Mogul]

Down 2.8% so far today. This has got a little way to go yet.

 

[lovetravellingoz]

Down 2.8% so far today. This has got a little way to go yet.

Only 0.76% now.

But yes I have no plans to buy for a while.

I am mainly a counter cyclical buyer and so when I think the market may being moving in the right direction again will top up the super-fund and buy also some good companies that have been punished disproportionately.

Sit on hands is my current strategy.

 

[cove]

I finally bought some SOL pretty close to their year low today.

 

[moa999]

Biggest gainer for the week - IVC
Invocare - Funeral Homes

 

[earlyriser]

Trump will do everything he can to stop the bleeding, and if Biden beats Sanders, it will also help. Interesting week ahead!

 

[cove]

I bought some Primewest too.

 

[Dr Ralph]

What goes down must go up again!

 

[GSP]

For every seller is a buyer with an oposing view. (Or different motives)

 

[Buzzard]

WBC could be a good buy ATM offering a gross dividend of about 10% based on the purchase price.

 

[I love to travel]

Hmm well tge Fed dropping interest rates in the US only sent the market down again. Another interesting day ahead.

 

[Buzzard]

Based on today's close and the 2018 dividend, WBC will now return 12%

 

[moa999]

Looking at historical dividends is not a great thing.
Combination of the bank royal commission, falling interest rates is putting big pressure on bank earnings.

 

[tgh]

Combination of the bank royal commission, falling interest rates is putting big pressure on bank earnings

Indeed , but in 2009 my dividend stream hardly faltered.. and I expect a similar pattern for this downturn.
It takes a while for earning downturns to apply to dividends, first cab off the rank is reporting and we should all watch the updates very closely

 

[cove]

With the futures up almost 100 we should have an up day in the stock market.