Index investing makes us loose oversight. The beaten down stuff is still pretty much beaten down and far from recovery.
BEACH stocks (booking, entertainment, airlines, cruise lines, hotels)
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Which makes me wonder, if people were so inclined as to commit the double sin of market timing and stock picking, what would be good opportunities?
I might have bought Dufry and Richemont. I might be looking at Airbus and TUI (but I am already hesitant, because I missed the record lows).
And as a disclaimer, most of my investment is in VT, as boring as it gets. But I like to complement that with a few individual stocks, if I think they are a good opportunity.
Interesting chart! Thanks for sharing.
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Bought some VT yesterday. My plan is to continue buy a little bit every week to what my allocation permits and especially if the market continues to go down.
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It seems this virus is causing widespread SAFS - Severe Acute FOMO Syndrome. That might explain the dead cat.
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This just in: 6.6M new claims for the past week.
In other news, OPEC+ negotiations still ongoing, and Fed will probably inject another set of trillionsâŠ
So, another 5%+ green today, as per recent trends 
This would take the current unemployment rate to ca. 7.5% (if the 4.4% below was not including todayâs numbers).
Fun fact, before corona it was as low as 1970s, and then lower only in the 1950s.
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15 mln unemployment benefit claims in less than three weeks!
So we now know that the US is able to handle around 6-7 million unemployment claims per week.
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They should switch to log scale on this unemployment chart 
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Some more charts about the spread in Switzerland.
There is some data missing for GE, VD, GR, JU and NE. To get at least somewhat usable charts, I assumed the daily new cases to be the same as yesterday.
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I think it doesnât make sense to use a 5-day period, let alone a 3-day one. A full cycle is a week, 7 days. There are considerably fewer cases on the weekend.
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The 5 Day compares the past 5 days to the 5 days before that. It is also the estimated generation time for the SARS-CoV-2.
I donât see how this plays a role. Anyway, does the calculation of this R really make any sense, based on the data that we have? What does the number of diagnosed cases really tell us? Do you think itâs anything close to the actual number of cases? Your R will heavily depend on the rate of testing.
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It doesnât matter how many cases you miss, if you miss roughly the same proportion. You only need to be careful when testing criteria changes.
Cruises might never recover, and I personally would not miss them.
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Iâd never go on a cruise, pre or post Covid, but Iâm pretty sure they will survive and recover (question is when and at what cost to shareholders).
Analyst Robin Farley: âCCLâs capital raise last week gives it the longest runway of liquidity to stay afloat in a zero-revenue scenario, at about 12-13 months with potential for another 2 months based on prolonged layups, and more beyond that (as we detail below.) That puts CCL further ahead of RCL, which we believe has ~10 months of liquidity in a zero-rev scenario, and NCLH which we believe has ~7-8 months of liquidity in such a scenario.â
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This is my first crash, and I am handling it rather ok.
I almost sold everything on February 25th, then I remembered my investment policy which stated otherwise. I already went astray last September when I stopped investing. I launched two companies so I needed funds, and financial security from either a stable job or unemployment were (and still are) out of the picture.
Now that Iâm back with a safety cushion, I made up for the skipped months and invested 6 months (not 7, I know) worth of savings at the end of March. Call that market timing, or luck, I simply went back on track. I will continue to make purchases at the end of each quarter, as planned.
Hindsight makes use lose sight of the fact that we are flying blind most of the time, and I think that fact should be printed on T-shirts.
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I didnât have the time to look into that before, but my oh my, Dufry looks like the dog of the dogs. Luxury, leisure, air travel, retail all rolled into one. Talk about a combo! Itâs already +50% from the very bottom, but still -70% from the top. Plenty of room for recovery and it is the industry leader. Thanks for this tip 
A great reality check on China from one of my favourite YouTubers, SerpentZA: