Day Trading Stocks & Futures

sanju005ind

Investor, Option Writer
Even during downtrend good stocks will go down slightly slower than general market hence the portfolio will be effected less and when the market trend changes these stocks will lead the pack. Hence it's very important to be in market during downtrend in good stocks to take the advantage.
Currently the growth stock portfolio I am invested in is down abt 7% even when the general market is down 10%...:)
Yes. The longterm growth stocks portfolio which i have been investing since July has seen hardly any dent in this downfall. Glad to have ST'da guidance.
 

DanPSup

Hedge Strategy Trader in Options and Futures
Following an interesting read about the discussed topic. It is for the first time since the outbreak of the virus this guys do write about it.

Coronavirus Matters, the Stock Market Doesn’t, and Thinking It Does May Literally Kill Us

Jon Schwarz

March 6 2020, 6:38 p.m.

If you’ve been spending any time online or watching cable TV, you’ve gotten the message that humanity now faces two grave threats — a novel coronavirus and the crashing stock market — of roughly equal importance.

Yesterday CNBC’s Rick Santelli went further, staking out the position that stocks losing value is actually more terrifying than millions of deaths. “Maybe we’d be just better off if we gave it to everybody,” Santelli sagely explained. That way, lots of people would expire quickly, thereby removing the uncertainty that’s been plaguing investors.

It’s easy to criticize Santelli, but he was just taking the logic of America’s obsession with the stock market a few steps further than normal. For decades, whenever we’ve faced a choice between the reality of human beings and little numbers on a screen, we’ve always gone with the little numbers.

Here the full article. It will take some time to read it: https://theintercept.com/2020/03/06/coronavirus-covid-19-stock-market-economy/

Have a nice day: DP
 

Riskyman

Well-Known Member
Yesterday CNBC’s Rick Santelli went further, staking out the position that stocks losing value is actually more terrifying than millions of deaths. “Maybe we’d be just better off if we gave it to everybody,” Santelli sagely explained. That way, lots of people would expire quickly, thereby removing the uncertainty that’s been plaguing investors.
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