Coronavirus vs Investing

[msommers]

You're probably right. But it's one of the few sectors with positive momentum right now.

Don't forget some serious dollars are getting thrown around for funding as well...

[bjstare]

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well, since I'm not paying all my usually monthly childcare costs, I topped up the Kids RESP's for the year. Invest $2500 and get $500 in government grants. Can't beat that kind of return, and as a bonus, the funds are on sale these days too because the market is down. Double win, even if it's not as sexy as the day-trading that most of you seem to be into.

Have started getting Summer Camp refunds too, which is sad, but hey, I'll find a use for that money.

Yup just filled up my daughter's RESP for the year yesterday.

Maybe one day I can be a big dick swingin day trader, until then it's index ETFs for this couch potato.

[msommers]

That time of the month looking at WTI...seems more positive than last month but it seems way too quick for a "recovery."

[gqmw]

I see some good potential with WELL Health, but again, do your own DD.

[ExtraSlow]

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That time of the month looking at WTI...seems more positive than last month but it seems way too quick for a "recovery."

I have decided I cannot understand what's happening with oil prices, so i cannot invest. I had put my pennies somewhere not tied to oil prices.

[The_Rural_Juror]

You simply have to knock on the illumati fence door a prime number of times on the night that the moon is at the apex of the sky as viewed from the north eastern section of the stonehenge to understand. Easy.

[killramos]

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I have decided I cannot understand what's happening with oil prices, so i cannot invest. I had put my pennies somewhere not tied to oil prices.

It’s cute that you think there is a sector out there that isn’t tied to oil prices haha

[The_Rural_Juror]

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It’s cute that you think there is a sector out there that isn’t tied to oil prices haha

Someone's flirty this morning.

[ExtraSlow]

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It’s cute that you think there is a sector out there that isn’t tied to oil prices haha

well, less directly tied anyway.

[ZenOps]

https://www.cnn.com/2020/05/12/econo...ril/index.html

Deflation is here. Bought a sofa because of it, literally less than half price. This has the potential to get very ugly very fast.

The only things inflating are hand towels, TP, and tinned meat.

[ZenOps]

https://www.bbc.com/news/business-52659406

WTO head quits a year early...

[ZenOps]

BTW: The entire economic system will never be the same after this, including oil and real estate sector.

Assume: Banks will start to become secondary means of influence (Shopify will continue to outpace Royal Bank) as interest rates hit zero and then negative.

Which to many in the old generation is almost unthinkable, but absolutely happening. Real estate will return to what it was originally - which is not "make as much money as quick as you can" rent or Airbnb. Oil will begin to lose pace to solar, as solar starts to become self sustaining - Use sunlight to melt mirrored reflectors and photovoltaic silicon to make more solar panels (China first, but USA eventually). Electric transport will continue to slowly gain traction, especially if drone deliveries become the norm.

Electric vehicles being vastly superior in torque, handling, efficiency and pollution - to a combustion engine.

[msommers]

Moderna is gettings it's TP raised by quick a few sources after today's positive results from Phase I. CODX has price raised from $20 -> $35 by Wainwright.

SRNE and NVAX likely have lots of running room too. INO seems idle, I don't know wtf is going on with that because their DNA-based vaccine is a lot more stable for transportation than MRNA's, which basically needs to be cryo'd. INO seemed poised to do at least as well as MRNA but it's not even close now.

[The_Rural_Juror]

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moderna is gettings it's tp

tp!

[ZenOps]

No US state wants to be the one to declare first, but if one goes - the doors will be open for everyone to scoop up free money while they can.

[msommers]

As experts weigh in on Moderna's Phase I results, it seems to be raising more questions than optimism. Former SEC lawyer had some pretty unnerving comments about Moderna's latest decisions: https://www.youtube.com/watch?v=nPgm1nfH1HQ

INO had a quick conference call with RBC Capital Markets today and personally, these the folks over at Inovio come across as scientists not salesmen. You need a bit of both so I don't know how to feel about it but in terms of the science and safety, Inovio looks strong. Results from them not for a couple weeks.

[msommers]

Hope no one is holding USO...

https://markets.businessinsider.com/...0-5-1029227659

[ZenOps]

Sounds like there is a global banking push to get rid of all dividends for all banks around the world. Sounds about right to me.

Makes me wonder what that oldest of old money - Gold is going to be going for.

[ExtraSlow]

Contrarian pick: CAR may go up now its largest competitor (HTZ) is going bankrupt.

[ExtraSlow]

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What broad passive ETF would you guys recommend for someone trying to do a "Dogs of the Coronovirus" type longer term strategy. I could unlock some dollars for something like that. And I absolutely don't do individual stocks or single industries anymore.

Going to quote myself, there are actually "dogs" ETFs, whichis both funny and fascinating to me. SDOG, IDOG, EDOG etc. I could probably use some emerging markets exposure, so EDOG is looking somewhat attractive. Not for day trading, for long term holds.