There are plenty of stocks which are currently low-priced due to covid-19
but expected to resume their previous bullish trend after the crisis is gone.
For example: RTX, AXP
However I don't know if now is the best time to buy.
For long-term investments it may be OK to buy them now.
Please...
I think that it is best to bracket any intraday or short-term position with
stop-loss and take-profit values.
The stop-loss value represents the maximal lost I am willing to absorb upon failure.
The take-profit represents a compromise between good enough and maximal gain.
These bracket...
You are right, the s&p500 has recovered (most high-tech stocks are now high)
but there are plenty of stocks which are very low, for example: RCL, UAL, RTX, ...
It seams that long term investments are tailored for you.
The market is low, and there are plenty of stocks which
you can buy at redicilously low price and double or even
triple your investment in just a few years.
Major market-analysis websites repeatedly supply
the same explanations as to why stocks surge or plunge:
1. Surge: Investors are optimistic about covid-19 vaccine
2. Plunge: investors are worried about second wave.
I am not sure what are the forces behind such large up and down price shifts...