Posted by: goddamn April 9, 2020
What stocks to buy -- Any recommendation
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@NAS bro, JDST runs opposite to economy, it will shoot back up by next Thursday or April 29th at the least. That is when investors will realise we are in for a deep recession. Fed have thrown everything they have already and nothing new is expected. There is still oil discussion that can swing the market for couple days, but nothing more. In order to make any deal US has to cut its production and that will bankrupt many smaller oil companies and have negative impact on economy as a whole.
I am guessing that we will start hearing first quarter numbers from next week or in couple weeks, which will trigger the sell off. It is great time to liquidate and hold cash to buy when it tests DOW18k level again. This is just my opinion FYI
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