The Rokslide Stock Traders Thread

Joined
Mar 27, 2021
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378
Location
SW Wisconsin
Anyone here going long on airline stocks? I was looking into several Friday and they seem to be on a year long downward trend. It seems to be an industry wide trend. Just thinking with Covid restrictions lifting and air traffic picking up it could be a good time to get in when the price is low. Any thoughts are appreciated.
 

007hunter

Lil-Rokslider
Joined
Feb 22, 2020
Messages
250
Anyone here going long on airline stocks? I was looking into several Friday and they seem to be on a year long downward trend. It seems to be an industry wide trend. Just thinking with Covid restrictions lifting and air traffic picking up it could be a good time to get in when the price is low. Any thoughts are appreciated.
On the other hand, fuel prices are astronomical cutting into profits. Just playing devils advocate here. I don’t hate airlines price point right now but imo a recession is looming. I would just have a plan and tread carefully.
 

45-70govt

FNG
Joined
Jul 20, 2020
Messages
10
Location
Alberta
On the other hand, fuel prices are astronomical cutting into profits. Just playing devils advocate here. I don’t hate airlines price point right now but imo a recession is looming. I would just have a plan and tread carefully.
I have a few bucks in one right now. Even if they dont return to pre pandemic levels i have to suspect we should see positive returns coming up soon here with COVID mostly drying up
 
Joined
Jan 18, 2022
Messages
437
Man I hate just sitting on cash. I think someone said it recently, but I've been waiting for the market to crash for a year now. I just need a damn recession already, man it would simplify so many things and might actually put a dent in this inflation that is making my cash sitting in my brokerage go up in smoke. Anyone commiserate? I'm just not sharp enough with all this to pick and choose individual winners, I just want to buy S&P Index funds and forget about it. But I can't even bring myself to do that right now, it just seems like a dumpster fire is coming. And we are already 3 months into a sideways/downward slide, it's kinda sickening really that the hope in the market right now is propped up by expectations that the Fed will give in on all the tightening and interest rate increases when things get really bad. Of course the Fed is still pumping money into the market as recently as last week despite all the tough talk.
 

CorbLand

WKR
Joined
Mar 16, 2016
Messages
7,831
Man I hate just sitting on cash. I think someone said it recently, but I've been waiting for the market to crash for a year now. I just need a damn recession already, man it would simplify so many things and might actually put a dent in this inflation that is making my cash sitting in my brokerage go up in smoke. Anyone commiserate? I'm just not sharp enough with all this to pick and choose individual winners, I just want to buy S&P Index funds and forget about it. But I can't even bring myself to do that right now, it just seems like a dumpster fire is coming. And we are already 3 months into a sideways/downward slide, it's kinda sickening really that the hope in the market right now is propped up by expectations that the Fed will give in on all the tightening and interest rate increases when things get really bad. Of course the Fed is still pumping money into the market as recently as last week despite all the tough talk.
Well you could just buy in tomorrow or you can continue to wait for the market to crash. One way you have the chance to make some money, the other you have no way of knowing when.
 

Broomd

WKR
Joined
Sep 29, 2014
Messages
4,282
Location
North Idaho
I have a few bucks in one right now. Even if they dont return to pre pandemic levels i have to suspect we should see positive returns coming up soon here with COVID mostly drying up

Sure the hell hope so.
The entire city of Shanghai--25 million people--is locked down right now. Omicron part II.
The reasons are likely totalitarian in nature and under the auspice of covid, but the ripple effect could be felt here.
 
Joined
Mar 8, 2014
Messages
911
Sure the hell hope so.
The entire city of Shanghai--25 million people--is locked down right now. Omicron part II.
The reasons are likely totalitarian in nature and under the auspice of covid, but the ripple effect could be felt here.

It will most definitely be felt here, and that very well could be the goal.

CPI data is coming out today, we’ll see if it affects the market or if it has already been figured in over the last week.?.?.


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Grumman

WKR
Joined
Jan 30, 2016
Messages
1,645
Location
Kentucky
This Elon and Twitter deal is interesting. Anybody have thoughts on what the share price will do next week?


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007hunter

Lil-Rokslider
Joined
Feb 22, 2020
Messages
250
I got an email from vanguard this morning stating as of 4/28 you will no longer be able to buy OTC stocks with vanguard. What a crock of BS.
 

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