scottybfx

scottybfx

Amid depression-level unemployment, the stock market is nearing all-time highs. But how and why? THE FED! The Federal Reserve is funneling money into corporations via buying corporate bonds. Corporations then take this money and buy their own stock, hopefully netting out those who can see the writing on the wall. The average age of a Baby Boomer is 66 -...

scottybfx

Equities are about to burst, I am very bullish SH. USA leadership has spectacularly fumbled the ball in responding to covid. Hot spots are developing as Trump is hellbent on reopening the economy. This will set the USA up for a massive 2nd wave this fall, unfortunately. This will ensure business remains crippled, if not completely shuttered till spring...

scottybfx

With an ~ 50% recovery in asset prices since the first selloff, rational baby boomers will liquidate their holdings now and through the summer. Fall will likely bring a second wave of Covid; with it the masses will pull out of equity markets all at once. Dow will cascade down to 10K as all buyers step to the side. Millennials, strapped with debt, won't be able...

scottybfx

Deep value here at irrational pricing. Loading up for the long haul. Deep pooling at the Bid by the value-minded and plenty of folks still dumping shares at ridiculously low prices.

scottybfx Updated 

Covid-19 is material, of course there will be a cost. The markets have had a panic attack, wildly over-correcting by orders of magnitude. Surge buying taking place today--seen clearly in the indexes and value stocks. Anyone familiar with the work of Dan Kahneman will understand what is happening in the minds and decisions of those currently hypnotized by 24/7...

scottybfx

Macy's brand will survive. Many pressures over the last decade--student loan and credit card debt a big one. As time progresses, student loan relief is inevitable as millennials begin replacing boomers in leadership. Once this happens, malls will spring back with historic vigor and will pull share from Amazon. Physical shopping, Sbarro, Orange Julius--coming...

scottybfx

Black swan will have silver lining. In long for long haul.

scottybfx Updated 

Canadian dollars rushing into USA and flowing into assets. Flow won't abate anytime soon. This is a humble opinion, not investment advice, I AM LONG since last Friday afternoon. All stops down at 1.43 in the obvious places, if Asia sweeps them the market will find support in deep liquidity at the bid (real end-user demand). If we do stop sweep, market will make...

scottybfx

No need for technical noise on the chart, the picture speaks for itself. This stock was tossed to the side and the company behind it is a solid one. I am long, another buy and hold forever for me. Covid-19 hysteria will pass, the tulips will bloom, the sun will rise.

scottybfx

Another senseless shelter pet here. The Corona virus didn't ruin this great company. Anyone notice how aggressive YouTube ads are getting? Many people will look elsewhere for 'free' entertainment. Many tradesman stream radio all day long and can't skip the ads--and they keep listening. Anyone account for retiring boomers with no savings? What's...

scottybfx

The country will be TEMPORARILY cooped up and Covid-19 WILL PASS. Millions of Americans with cabin fever will want to GET AWAY, make no mistake. As stated in earlier posts, of course the pandemic will inflict a cost, but these prices are ridiculously low--a total overreaction. Don't trash a stock like this because of a storm that will blow over. Three words...

scottybfx

Growing, robust, Trimble..Foolishly thrown away by panicked streaming-news junkies. Strong fundamentals. $50 one day, in the bargain bin the next. These prices are steeply discounted. Trading 101 here - no indicators needed-- buy GOOD companies at a low price. I got in yesterday (full disclosure). A virus didn't destroy anything fundamentally about this...