My worst holding today was OSTK Overstock dot com, -12%. It's classified as consumer cyclical.
----------------------------------------------------------------------------------------------------------------------------------
I don't own any of them either. I did own some Pepsi until I "liquidated" my initial account. Overstock's six month -75% graph is terrifying. I doubt that you experienced that severe a loss. OSTK -6.5% today.
Worst Target loss since 1987. I never owned it. A few days ago our Microwave less than 3 years old blew up. Trip to Target was a disaster. Store dirty, the Microwave isle had almost all display models and no prices on anything. Awful. Best Buy way overpriced. My local Walmart neat and clean and had exactly what I wanted and very reasonable. Should have gone there first. Shelves were almost bare in the 4 other places we went to. I would have gone to Walmart first but the Mrs………well you know the story.
As most, even with my quick hit today on Sqqq, I got destroyed. If I wasn’t 80 percent cash already as of several months ago, I would be looking for something high up and not for the view. Just kidding of course, but so many have done that in 1929 abd even other crashes. I never had a financial advisor, but I read, watch, and study a lot. I was always taught…. You make your own bed and then you sleep in it.
Replying to FAA, I think Overstock is particularly volatile because it has a crypto component through its tZero subsidiary. I'm now getting back into it after selling too early the first time.
Looking up my biggest destruction today holdings now. Be right back. BGS, DIS, TEL. Percentage wise. Might as well throw TSLA in there, but I only have 2 shares just to say I have it. Still big mistake. Down over 30 percent on it. I wanted to dump Dis months ago, but the girls at home asked me to please keep it.
Topping the list are SQQQ and its opposite. However ranked by AUM assets under management, both TQQQ and SQQQ are outside the top 100. This means people trade in and out of them like crazy, but don't hold.
High volume is a good thing if you want to trade outside normal hours because the bid-ask spread will probably only be a few pennies at most.
My biggest destruction today holdings BGS, DIS, TEL.
---------------------------------------------------------------------------
BGS is B&G Foods, -24.5% YOY. You're really in a pickle! On a more somber note, I also own TEL. They can't slam us much longer. P/E is already 16. Talk about a disconnect.