AFF Member Stock Discussion

[moa999]

More modest rise here - 6% on open and tracking fairly flat.
Then drops back to 4% up

Tend to agree this is more likely to be a false rally

 

[Quattro]

APT is racing away. Couldn't pull myself to buy yesterday.. Will sell what I can today of APT that I've already got and wait.

 

[odysseus]

APT is racing away. Couldn't pull myself to buy yesterday.. Will sell what I can today of APT that I've already got and wait.

Guess some think all their target market queuing at Centrelink will be spending at the closed retail outlets in very short order.

 

[Gold Member]

I’m doubling down on BEAR today. Will wait for the market to find a peak today, possibly mid morning.

 

[earlyriser]

I’m doubling down on BEAR today. Will wait for the market to find a peak today, possibly mid morning.

Why BEAR over BBUS or BBOZ out of curiosity?

 

[wannabeinvestmentbanker]

Why BEAR over BBUS or BBOZ out of curiosity?

BBUS is the US equity market and BBOZ is magnified returns at 2.4x leverage so all very different ETFs. BEAR just provides negatively correlated returns (no leverage).

 

[Dr Ralph]

After holding for just 2 days sold:

WAM
SHL
CSR
CGF

Let the roller coaster continue!

 

[Buzzard]

After holding for just 2 days sold:

WAM
SHL
CSR
CGF

Let the roller coaster continue!

Diary of a Day Trader

 

[Gold Member]

BBUS is the US equity market and BBOZ is magnified returns at 2.4x leverage so all very different ETFs. BEAR just provides negatively correlated returns (no leverage).

Yep, and BBUS is not hedged so FX introduces another variable. The leverage on BBOZ is not for my risk appetite. Almost the entire ASX is leveraged to some extent on debt, and that's enough leverage for me.

 

[moa999]

Three days straight of green in the US as unemployment and Covid explodes. Not what I'd been expecting.

US will probably overtake China in number of cases tomorrow

 

[earlyriser]

Three days straight of green in the US as unemployment and Covid explodes. Not what I'd been expecting.

US will probably overtake China in number of cases tomorrow

They just did I think. Based on what has been happening this week, that will probably lead to about 5% gain tomorrow.

 

[Dr Ralph]

Dow Jones up 6% overnight. Makes it hard for us day traders!

 

[burmans]

They just did I think. Based on what has been happening this week, that will probably lead to about 5% gain tomorrow.

Depends on which tracker you use but according to this one, its a yes. Tracking coronavirus: Map, data and timeline

 

[earlyriser]

Depends on which tracker you use but according to this one, its a yes. Tracking coronavirus: Map, data and timeline

Sorry was referring to ASX which has started strong.

 

[tgh]

I will take all the sucker rallies they care to send…..

 

[moa999]

 

[tgh]

Pretty good day.. who woulda thunkit.. maybe we have dodged the first bullet.
Of course the dividend drought has started.. AMP today.. no dividend at all ( what a surprise.. I inherited them I didn't buy them..)

 

[Quattro]

View attachment 211004

Pretty good day.. who woulda thunkit.. maybe we have dodged the first bullet.
Of course the dividend drought has started.. AMP today.. no dividend at all ( what a surprise.. I inherited them I didn't buy them..)

Moa999's post rings true.

 

[wannabeinvestmentbanker]

What are people's thoughts on whether this is the bottom of the sell-off?

Given the recent gains its hard to hold back and not enter due to a case of FOMO. I'd kick myself if I missed out so invested according to my conviction that stocks have bottomed (30%)

 

[Dr Ralph]

What are people's thoughts on whether this is the bottom of the sell-off?

Given the recent gains its hard to hold back and not enter due to a case of FOMO. I'd kick myself if I missed out so invested according to my conviction that stocks have bottomed (30%)

Significant bottom last week. FOMO likely exists for many that didn't act seeing the large gains in quality stocks since the bottom.

Whether there will be another bottom is a separate matter.