Cow Mengde
Banned
I've been telling my dad to buy vjet and DDD, but he's sitting on his ass waiting for the market to drop because it's too high right now.
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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
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I've been telling my dad to buy vjet and DDD, but he's sitting on his ass waiting for the market to drop because it's too high right now.
RumblingRosco
Member
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Ether_Snake
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Hmm I forget who.
Can't blame him. If the markets in general drop, those will drop more. It's difficult to buy at this time with the markets so high.
Better waiting for a drop that never comes than buying before a collapse
Cow Mengde
Banned
I know the market's going to drop too, but I was eager for some quick gains to build up more cash for when the market drops and go shopping for stocks. The problem is none of us can predict when it's going to drop.
RumblingRosco
Member
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RumblingRosco
Member
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Really sorry Soka, I edited my post to something entirely related there which means your post makes no sense - thank you for the explanation though, I'll definitely just wait it out and take no immediate action
(I initially posted an offer from a company to buy my IBM shares for around 10% lower than the current market value, not sure really why anyone would do that)
(I initially posted an offer from a company to buy my IBM shares for around 10% lower than the current market value, not sure really why anyone would do that)
RumblingRosco
Member
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luckyboyceo
Member
Soka that's awesome dude, such a great feelings. My portfolio was up nearly 2% today so I'm riding high as well.
Hoping for two more solid days like today before the weekend.
Hoping for two more solid days like today before the weekend.
Ether_Snake
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Nikkei has been going up crazy over the past few days.
Unrelated; so in this article, Yellen is basically saying don't expect tapering any time soon.
QE would be fine if it was accompanied by socio-political action, but as it is I think what will happen is that other issues that have been dormant yet growing will eventually emerge. QE is trying to fix a crisis that started in 2008, but what about student debt? What about health care costs (still a major issue, especially with all the bullshit around ACA), what about good job creation and salaries?
By now, all QE can actually do is nakedly inflate the markets; everyone can tell that QE itself is not repairing the economy, and that very little is being done on that front, so everyone knows that QE will have no end in sight from here on out. That will either lead to a huge bubble ("Free money!!"), or a lack of trust over long term prospects. I'm guessing the former since everyone thinks short-term. But when a new crisis happens, I wonder where things would go. Either people will shrug it off because they believe nothing is big enough to be unresolved, or crash as no new solutions exist. But just how much can the markets go up without the economy repairing?
IMO some solid political action would probably bring a whole lot more confidence than more QE.
Unrelated; so in this article, Yellen is basically saying don't expect tapering any time soon.
QE would be fine if it was accompanied by socio-political action, but as it is I think what will happen is that other issues that have been dormant yet growing will eventually emerge. QE is trying to fix a crisis that started in 2008, but what about student debt? What about health care costs (still a major issue, especially with all the bullshit around ACA), what about good job creation and salaries?
By now, all QE can actually do is nakedly inflate the markets; everyone can tell that QE itself is not repairing the economy, and that very little is being done on that front, so everyone knows that QE will have no end in sight from here on out. That will either lead to a huge bubble ("Free money!!"), or a lack of trust over long term prospects. I'm guessing the former since everyone thinks short-term. But when a new crisis happens, I wonder where things would go. Either people will shrug it off because they believe nothing is big enough to be unresolved, or crash as no new solutions exist. But just how much can the markets go up without the economy repairing?
IMO some solid political action would probably bring a whole lot more confidence than more QE.
Cow Mengde
Banned
You're never going to learn overnight. It takes years to get the hang of this. Just make sure you have money saved.
I recommend safe stocks as a beginner. Things like McDonalds, Coco Cola, Proctor and Gamble are stocks you should look at for some safe if slow investment.
I think Microsoft could drop soon just looking at its history. Usually gets near 40 and then drops back to the low 30s.
Ether_Snake
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Now the news report some employee(s) injured by hot metal in a Tesla plant. Come on..................
Edit: CAE went down 2% yesterday after earnings, and today it goes up 4% after being downgraded
Edit: CAE went down 2% yesterday after earnings, and today it goes up 4% after being downgraded
Not because of these fire incidents, but I feel TSLA is going to dip below 100 before really going back up...it just flew too high too quickly.
RumblingRosco
Member
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You do the opposite. Below your portfolio, just above the graph that shows your portfolio performance, there are checkboxes for the S&P, Dow and Nasdaq along with a field where you can type other tickers.Pardon my ignorance, but how do you place your portfolio on a chart against the NASDAQ, S&P, FTSE etc? I have my portfolio saved in Google Finance but can't see how to add it to other graphs. Thanks
Ether_Snake
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Yeah my portfolio beats everything except the NASDAQ if I look back 5 years or more, and everything easily if I look YTD, but it means nothing to me since it looks nothing like it did a few months ago, I have bought and sold all sorts of things.
Also Soka, your portfolio might be balanced in terms of titles you hold, but their weight in relation to their share of the market would be especially important.
Also Soka, your portfolio might be balanced in terms of titles you hold, but their weight in relation to their share of the market would be especially important.
RumblingRosco
Member
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Thanks both, unfortunately I have nothing like that (not even a graph) on my portfolio page, could be because I'm from the UK though - I know quite often Google is slow at rolling out features for us
I have my portfolio at the top (with Overview, Fundamentals, Performance and Transaction tabs) then beneath that I have just two columns, one for Portfolio related news, and the other just for Events.
(edit) It could also be that I only joined Google Finance less than a week ago! I'll keep an eye on the page and hope a graph appears
I have my portfolio at the top (with Overview, Fundamentals, Performance and Transaction tabs) then beneath that I have just two columns, one for Portfolio related news, and the other just for Events.
(edit) It could also be that I only joined Google Finance less than a week ago! I'll keep an eye on the page and hope a graph appears
i can't imagine ONVO sustaining these highs...
Ether_Snake
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I'm holding VJET forever. Not selling, since I have a small stake in it. Up 73% in less than a month
Now, why can't I practice what I preach and follow my instincts?
luckyboyceo
Member
Damn holy shit what a return. You guys think it's too hot/late to jump in? Not today of course, but after a sell off maybe?I'm holding VJET forever. Not selling, since I have a small stake in it. Up 73% in less than a month
Ether_Snake
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It's a nice return but didn't put a lot of money in. I can't recommend anything really, the company is really small and I have no way of judging where it will go from here, I just put a bit of money in it since I have bigger investments in DDD and SSYS, I wanted something riskier in the sector as part of my portfolio. It represents only 5% of my 3D printing stocks.
In other news, EA down 8%. Not sure why. I haven't invested in gaming stocks in a while, don't have enough faith in the near future.
Cow Mengde
Banned
FUUUCCCCK! My dad is just sitting there watching.
Lasthope106
Member
What is a good simulator to start out before investing real money?
I know attempting to time the market in very short term isn't easy or smart, but just in terms of tax implications I have a question.
From what I can gather, wouldn't it be worse if you sold several times and had realized gains and then bought back in with those after prices go down a bit but then, after buying back in, the market goes down. So, you have realized gains but unrealized losses, you would have to claim the gains as income even if you're technically below what you were from the start, right? Hope that makes sense.
Basically, please talk me out of trying to time the ups and downs in week-to-week basis.
From what I can gather, wouldn't it be worse if you sold several times and had realized gains and then bought back in with those after prices go down a bit but then, after buying back in, the market goes down. So, you have realized gains but unrealized losses, you would have to claim the gains as income even if you're technically below what you were from the start, right? Hope that makes sense.
Basically, please talk me out of trying to time the ups and downs in week-to-week basis.
Ether_Snake
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Well yeah Husker, don't do that
Poor Tesla, still going down massively every day. I'm down 25% on it:/
VJET will be my first 100% gain stock. It's now at 95%. But since I have no plan of selling any time soon, it doesn't mean much.
Poor Tesla, still going down massively every day. I'm down 25% on it:/
VJET will be my first 100% gain stock. It's now at 95%. But since I have no plan of selling any time soon, it doesn't mean much.
Ether_Snake
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Well yeah Husker, don't do that
Poor Tesla, still going down massively every day. I'm down 25% on it:/
VJET will be my first 100% return stock. It's now at 95%. But since I have no plan of selling any time soon, it doesn't mean much.
edit: Here we go, 100%!
Poor Tesla, still going down massively every day. I'm down 25% on it:/
VJET will be my first 100% return stock. It's now at 95%. But since I have no plan of selling any time soon, it doesn't mean much.
edit: Here we go, 100%!
You cannot beat the market...from a tax standpoint it wouldn't really matter since your brokerage account can keep track of all that for you, but you'll get burnt trying to time the ups and downs.
RumblingRosco
Member
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Ether_Snake
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Advanced AI trading algorithms searched google news for "dow 16 000 high" and sold.
edit: Funny how TSLA and SCTY are joined at the hips since the Tesla fires. smh...
edit: Funny how TSLA and SCTY are joined at the hips since the Tesla fires. smh...
Onion_Relish
Member
Icahn dropped an Icahnic Bomb
Looks like there was some alleged accounting scandal with some of the directors/executives at TSLA...I think this stock shot up too high, too quickly. Would love to be a buyer at $90-100.
Ether_Snake
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3D printing has been falling hard. I was up 100% on VJET, now only 44%.
you had to have known it couldn't sustain those numbers...right?
Ether_Snake
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Why? Why would a company be forbidden from going 100% up? I'm not day trading. The sector is volatile, moreso for smaller companies. Changes nothing. I expect much more than a 100% return from this company in the future if I'm going to make any return.
But you could have put in a stop and just repurchased for cheaper...it's not so much about day trading as it is protecting your profits.
Ether_Snake
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Yeah but that's assuming that things would drop significantly past my stop order. I have no way of knowing how much it will swing, so it could have just easily gone up further and fall back at the price I sold at. Plus, once I sell, when do I buy back? It's not any more logical than holding really. If selling two days ago was my only way of protecting my profits, I would never have bought to begin with since I'm long term on this and it would mean I don't believe the company can actually grow. The 3D printing sector is still in its infancy to me.
I put a stop order to sell VJET at $46, which just happened a few minutes ago. Made good money selling it last week, then reinvested it thinking the worst had happened. Lost it, but still ended up breaking even with a $60 profit...and a lesson?
My other investments are all in natural gas; VJET and ONVO were my first wild stocks. Letting them go is a huge weight off, though I may get back in when they stabilize.
My other investments are all in natural gas; VJET and ONVO were my first wild stocks. Letting them go is a huge weight off, though I may get back in when they stabilize.
Man, you sound like me with OLED...I chased that fucker at $53 then 60, then last year it was all the way down to $22...I averaged down the whole time instead of cutting my losses and finally made $200 profit last week, and now I'm out waiting for a patent decision to come in before I buy back in.
I agree. If you think the company is solid and has good future prospects, holding makes perfect sense. Like you said, you really can't know how much stock increase is too much, what it will go down to, when to buy, when to sell, etc.
Seems like you have just a great of a chance of screwing yourself out of profits, maybe moreso with taxes and fees, than you have of protecting your earnings.