I was talking about 80-90%% degraded by virus impacted stocks to buy all the time. CCL $7.8 now $16.2 holding it. M $4.38 now $5.86 holding it. KSS $10.89 now 19.39 sold at 18.99 today TJX $32.73 now $55.17 speculated multiple times. I did not buy it for minimum price but bought very close to minimum. NCLH, RCL I do not have them.
I have longs that I have been letting go of in fractions and every bit of what I sold has only gone up. But no worries as the next pull back most will be wishing they sold at these extreme conditions. Remember that the market is extremely overbought compared to the historical highs set just in February!!
A second wave of the potential virus? If you get a second wave, forget it. An easy 20% pull back in a few weeks and then the fed will print another 1/2 of US gdp to stabilize the economy again and again
A 2d wave if it occurrs is many months from now, why sit on the sidelines and wait when stocks bounced so hard off the lows. I am holding my long Coronoa long plays until the winter at least. if we get a sell off, I am backing up the truck.