Day Trading Stocks & Futures

[Smart_trade]

Warren Buffett's Berkshire Hathaway sells airline stocks worth nearly $400 m

https://www.moneycontrol.com/news/w...irline-stocks-worth-nearly-400-m-5110521.html

The business model for airlines stocks has gone for a toss post Covid-19. When fundamentals change, it is a right action to get out of the sector.

Smart_trade

 

[MSN1979]

The business model for airlines stocks has gone for a toss post Covid-19. When fundamentals change, it is a right action to get out of the sector.

Smart_trade

Indigo - lot of space left
Spice Jet - 40/-
Jet aiways - already close to zero
Global Vectra- 37

 

[Smart_trade]

I saw an interview of a large conducted tours company MD. They are worst sufferers due to Corona virus. The tourists who booked the tours are now cancelling their bookings and asking the money back.They dont have ready cash available because against the booking they have given advance to their local tour operators,hotels,car and bus rentals companies etc against confirmed bookings....now they are requesting the tourists to shift their booking for next year tours and not insist on money back....

She said that they never had any downturn in business in last 30 years but situation now is very difficult.

Smart_trade

 

[MSN1979]

I saw an interview of a large conducted tours company MD. They are worst sufferers due to Corona virus. The tourists who booked the tours are now cancelling their bookings and asking the money back.They dont have ready cash available because against the booking they have given advance to their local tour operators,hotels,car and bus rentals companies etc against confirmed bookings....now they are requesting the tourists to shift their booking for next year tours and not insist on money back....

She said that they never had any downturn in business in last 30 years but situation now is very difficult.

Smart_trade

 

[MSN1979]

I saw an interview of a large conducted tours company MD. They are worst sufferers due to Corona virus. The tourists who booked the tours are now cancelling their bookings and asking the money back.They dont have ready cash available because against the booking they have given advance to their local tour operators,hotels,car and bus rentals companies etc against confirmed bookings....now they are requesting the tourists to shift their booking for next year tours and not insist on money back....

She said that they never had any downturn in business in last 30 years but situation now is very difficult.

Smart_trade

ST da where do u see space for short? I mean which stock?

 

[Smart_trade]

Source : Marcellous Investments April 2020 newsletter.

 

[Smart_trade]

ST da where do u see space for short? I mean which stock?

Market has still not bottomed...so the stocks to short are Hotel stocks,Airline stocks,banks with poor CASA,Automobiles ( 4 wheelers and 2 wheelers both ) ,public sector banks,ready to eat food companies,food delivery companies the list could be long...

Market will bottom in low volatility down move which could take few months...

Smart_trade

 

[moneymanager1980]

dow futures now 4% up ..

 

[MSN1979]

Market has still not bottomed...so the stocks to short are Hotel stocks,Airline stocks,banks with poor CASA,Automobiles ( 4 wheelers and 2 wheelers both ) ,public sector banks,ready to eat food companies,food delivery companies the list could be long...

Market will bottom in low volatility down move which could take few months...

Smart_trade

Yes bank, Indus Bank and axis but data is available on wikipedia for 2017

 

[siddhant4u]

Coronavirus: British PM admitted to hospital over virus symptoms
https://www.bbc.co.uk/news/uk-52177125