https://www.washingtonpost.com/business/2020/03/26/cruise-line-bailout/
Cruise lines don't qualify for bailout?
"Subscribe to continue reading"
https://www.washingtonpost.com/business/2020/03/26/cruise-line-bailout/
Cruise lines don't qualify for bailout?
I ended up getting cold feet and canceled my orders to sell off my Norwegian and American Airlines. The order was put in at closing and wasn't gonna execute till this morning. The futures were negative last night and jobs reports coming out today looked bad. Was sure there would have been a 2000pt sell off today. But this morning futures were in the positive by half percent and pre-market trading was positive 3%, so I cancelled my sell orders. At closing today I didn't really gain much but didn't lose my gains from previous 3 days either. I hated selling for a small profit when I bought those stocks at such a great deal. I picked up 25 shares of CCL today too. I missed the bottom on that one I think. I'll be dumping another $2k into stocks very shortly after this stimulus bill passes. Should build some market confidence. How long it'll last no one knows. This may be a bull trap
Can't read it either but that sounds OK with me. They are not American companies.
ETA - yeah, I said that wrong, I think it is their boats that are not American. And that is a pretty big chunk of a cruise line.
Just the highlights: Not American registered ships. Companies not US corporations. Avoid most US taxation. Employees Indonesian and Filipino.
So....no go.
But that's today. Tomorrow may be something else.
Wait a second... You're saying you had the opportunity to yield at least a 100% profit and passed on it? That's pretty bold. The only one I've ever held that far up the tree was INO, because it was just straight up on fire blew straight through 100%, and I ended up selling it up 100% anyhow and stressed over it for 3 extra days for no extra money. I've also held more than a few that gained 50% and then promptly gave it all back and then some in the next session. Since then, I'm trying to teach myself to take some profits. At least at a 100% gain, sell half your position and get your initial investment back, IMHO.
I'm also not sure if I'm reading that you're only trading during market hours? If you're going to try these day trades, you gotta get extended hours for sure. Learned that the hard way too.
I'm not sure that I would have gotten into CCL today, but it's so crazy it's hard to tell. From experience with the straight garbage I've dabbled in before, which I wouldn't really consider CCL to belong to, jumping in after a 90% run is pretty gutsy, even if it fell 90% first. Looks like it's holding gains, but you're totally right that it especially CCL could be a bull trap because if any bad news at all drops it, guys like me will be out with their profits (even if at this point they're reasonably small profits, at least for me) and you will be a new bag holder.
Based on what you said, you're more aggressive than I am and I'm pretty stupidly aggressive a lot of days. I hope we both get some nice ammo money, but wow, you're playing for keeps!
Well, I'm new to this stock buying/selling. I give my Edward Jones guy my money each month for my IRAs and then I adopted Robinhood for a play thing. My original goal was to buy stocks at greatly reduced prices and ride the wave back up over a 2-3yr period. I was primarily looking at those that had lost 50-70% of their value from just 5 weeks ago. I'm hoping they (airlines, cruise) don't go under and they get back to their old 1yr highs. I can make 4-6x my money. Like I said, that's the original plan. What happened is when the market spiked this week I seen the good profits I made and then started to study and analyze the market based on current events and articles(of opinion). That led me to thinking about selling off for a short term gain. I need to pick a side. Either buy low in a volatile market, sit on them and hope they don't go bankrupt or buy for short term gains. I feel that if I'm going to do the latter then I need a lot more time to devote to studying and analyzing these companies and the market, which I honestly don't have time to do.
Not sure about an EJ app for stock trading. I know that one of my IRAs( my Roth I think) is a transitional account and I can call him up any time and have him move x amount to whateverSo, I guess the TLDR there is Robinhood sucks, IMO. Can you open another EJ account and use their app/site without mixing the money from your real investments?
Not sure about an EJ app for stock trading. I know that one of my IRAs( my Roth I think) is a transitional account and I can call him up any time and have him move x amount to whatever
My take on the current markets.
You are in a movie theater. It is intermission so they can change over the reel to the last half of the movie.
The building is on fire,but they are having a sale at the concession stand. Do you get a drink and tub of pop corn and go sit to watch the rest of the film,
or go to the nearest exit?
Oh,and the fire marshal just inspected the building,said everything was in order and he even took the time to stop at the concession stand and got a coke on his way out.
I'm strapped in. At this point it's only a paper loss. Bail now and it becomes are REAL loss.
Should have held my NCLH put I see. But happy for the $450 swing. May buy the call again this morning
My guess is he'd get pretty annoyed if you tried to day trade like that.
Anyhow, food for thought. I have no interest in any particular brokerage other than the warning about RH turning to crap right when the users needed it the most. I use Fidelity, but I exclusively use the web site. My buddy uses their phone app and it always seems to lag behind, but it does work. I think half of his problem is Cricket wireless since he also doesn't get about 1/2 of the texts I send him.
I use the Fidelity app, company I work for uses it for their ESPP program. I don't experience much lag. I actually use mostly apps, RH, WeBull, M1 and the Fidelity.