The financial situation in this country is really
Post# of 36568
(Total Views: 241)
Posted On: 04/30/2020 10:30:27 AM
The financial situation in this country is really beginning to worry me. GDP -4.8% and that only includes 2weeks of the shutdown. Next Q is gonna be brutal regardless of if we reopen the economy now or in 2 weeks or another month. The Fed is printing money like mad. Are we heading for recession, depression inflation stagflation...all of the above.
I’ve closed a few positions the last few weeks. Stuff I made money on that I don’t want to give back. I’ve been day trading swings in RC. Looking for quick moves I don’t have to hold very long. Don’t want to be trapped over a weekend and have bad news come out. Moved some money into physical silver... a new hobby.
I’ll hang onto GNBT too far underwater to bail now and we don’t trade on fundamentals anyway so Market news doesn’t really affect us. If we are successful at launching NGIO the vaccine uplift etc and we get a nice bump I may take some of my original investment out but I’ll reserve a good amount of shares for the home run.
Stay healthy everyone.
I’ve closed a few positions the last few weeks. Stuff I made money on that I don’t want to give back. I’ve been day trading swings in RC. Looking for quick moves I don’t have to hold very long. Don’t want to be trapped over a weekend and have bad news come out. Moved some money into physical silver... a new hobby.
I’ll hang onto GNBT too far underwater to bail now and we don’t trade on fundamentals anyway so Market news doesn’t really affect us. If we are successful at launching NGIO the vaccine uplift etc and we get a nice bump I may take some of my original investment out but I’ll reserve a good amount of shares for the home run.
Stay healthy everyone.
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