byebye gains
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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
byebye gains
The Power Of Snap
Member
My only remaining nasdaq stock is gopro and i have hope that my gold stocks will finally come back from the dead.
All i have in my portfolio is commodities lol.
Zaraki_Kenpachi
Member
Only commodities? Are you a glutton for punishment?
Vanillalite
Ask me about the GAF Notebook
Brace yourselves.
Asia is fucking UGLY right now on a Monday
This could spell more doom domestically in the US.
Asia is fucking UGLY right now on a Monday
This could spell more doom domestically in the US.
Ether_Snake
å®å®å®å®å®å®å®å®å®å®å®å®å®å®å®
Classic bubble, I knew when the Shangai market rallied it was a bull trap.
If commodity prices keep going down and the USD up, it would be a great time for the US to invest in infrastructure.
If commodity prices keep going down and the USD up, it would be a great time for the US to invest in infrastructure.
Cross-posting from this thread.
Don't really know what to make of all this. I mean, it's been obvious for a few months that some form of correction was coming, but the sharp downward turn is really worrying.
Don't really know what to make of all this. I mean, it's been obvious for a few months that some form of correction was coming, but the sharp downward turn is really worrying.
anonymous_abc
Member
Buy a whole market ETF, why bet on a single company?
ZeezbruhTV
Member
The things I would do to get some extra money and go balls deep into CSIQ, SCTY, JD, MA/V this week.
More fun? I think taking the kids to Disneyland and explaining you own a tiny fraction of this is more exciting than 'you are diversified in a broad based entire market fund for best statistical outcome kid'
Of course the majority of my savings are invested that way.
anonymous_abc
Member
You could still say so, as Disney will surely be part of the index. You can then afterwards drive home in a car whose manufacturer your kids also partly own, to a fast food joint that they also partly own....
thestopsign
Member
I owe you a lot of money. I invested in SCTY after looking into it this morning and have already made a considerable amount for me. Love me some solar power.
thestopsign
Member
I'm wishing I had put more of what I invested cash wise this morning into SCTY. It is soaring from where I bought it.
Ether_Snake
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Yay SCTY up, that should make up for the past few days of horrible performances. The short squeeze is delicious.
When markets go down like today, shorts double down on companies like DDD, SSY, SCTY, so when those companies rise anyway they get really burned, especially when the whole market suddenly turns around. Sweet
When markets go down like today, shorts double down on companies like DDD, SSY, SCTY, so when those companies rise anyway they get really burned, especially when the whole market suddenly turns around. Sweet
cartoon_soldier
Member
I got 450$ sitting in my TD account. Any ideas on what to do?
Oh man I finally get a computer and looking at the graph and kicking myself for not waking up early. Example 1 of my ETF's:
FXH.ARCA
Close Friday: 64.67
Open: 59.48, 9:30am
Low: 45.01, 9:45am
Recovery: 58.50, 10:05am
HINDSIGHT 20/20 COULD'VE MADE SO MUCH MONEY
FXH.ARCA
Close Friday: 64.67
Open: 59.48, 9:30am
Low: 45.01, 9:45am
Recovery: 58.50, 10:05am
HINDSIGHT 20/20 COULD'VE MADE SO MUCH MONEY
cpp_is_king
Member
Transferred a lot of cash out of my savings account and into my eTrade account this morning. I went 100% into SPY. I dont' have the time to mess around with options anymore, so I want something that will give me a guaranteed return with little effort. We're still 8% below 2 weeks ago, so this should be easy money.
Melon Husk
Member
So China cut rates. No matter what they do their growth is gonna drop to a shockingly low 6% next year. [sarcastic tone]
David Incorporated Esq.
Member
Welp, just ordered the sale of my shitty, boring mutual funds. Thursday morning I'll be free to go in with all the funds, so fingers crossed the economy comes to a screeching halt!
LocknessMobster
Member
I'm down 50k fuuuuuuuck.
Oh boy, easy money for those that you bought from...
You mean the markets come to a screeching halt. We don't want the economy to dump.
Sorry dude. I hope you are long and not losing that much while trading.
LocknessMobster
Member
Yeah these r stock I'm riding out hopefully for the next 20-30 years. Just shocked as I've never seen that much loss.
cpp_is_king
Member
Somehow I don't think that the S&P 500 is going to top at 1900 for the rest of its life. Or even for the next month. Definitely easy money for me. It will be 2100 in 1-2 months, easily.
I don't have time to day trade, so the shortest play for me is 1 month, and I don't do options at all.
David Incorporated Esq.
Member
Yes...yes...that's exactly what I meant...
Melon Husk
Member
Where are the headlines now, Dow up ~3.8%, Nasdaq up ~4.2%. Cash flowing back into Amazon and Google, Netflix is up 30% from the lows. No matter, flix will sink more than 10% in a day or two.
Fun to watch when the fear gets a grip on greed and vice versa.
VIX will spike to over 40 in the next three days, but it looks good..
We'll go down again tomorrow.
Do tell what you think.
Fun to watch when the fear gets a grip on greed and vice versa.
VIX will spike to over 40 in the next three days, but it looks good..
We'll go down again tomorrow.
Do tell what you think.
I see a fellow questrade user!stock markets, how do they work
David Incorporated Esq.
Member
My accounts are finally free to trade and the market's on the way back up. Stupid slow bank.
They're the best Canadian Online Broker, got nothing to complain (except for too-high currency conversion fees, those are lame)
at this rate we'll be out of the 2-week hole we've been digging just 2-weeks later, that's not a correction at all... lol
cpp_is_king
Member
Of course it wasn't a correction. It was a knee-jerk reaction to a correction in China. We're still doing fine, and have been.
Speak for yourself, I live in Canada, where the dollar is approaching peso-levels
David Incorporated Esq.
Member
Well then are we still looking at a correction on the way or what? Seems absurd that we've been so long without any major change in trajectory. Then again I mostly have no idea what I'm talking about.
cpp_is_king
Member
I think when it comes to market prediction, a large majority of people have no idea what they're talking about, perhaps even myself included
Personally I don't see any troubling signs in the US economy that would indicate a major correction. But if you have a long term outlook, it doesn't really matter. So you buy some stock today and it goes down by 8% tomorrow. Whatever. I've learned not to try to call bottoms (or tops). The fact is that in a month, or a year, or 3 years, or however long it takes, we'll be hitting all time highs again. The fact that we're STILL down 8% from a month ago is good enough for me to consider this a buying opportunity.
David Incorporated Esq.
Member
I think when it comes to market prediction, a large majority of people have no idea what they're talking about, perhaps even myself included
Personally I don't see any troubling signs in the US economy that would indicate a major correction. But if you have a long term outlook, it doesn't really matter. So you buy some stock today and it goes down by 8% tomorrow. Whatever. I've learned not to try to call bottoms (or tops). The fact is that in a month, or a year, or 3 years, or however long it takes, we'll be hitting all time highs again. The fact that we're STILL down 8% from a month ago is good enough for me to consider this a buying opportunity.
Oh I know, I moved about a third of my investment money into SPY this morning and I'm going to spread the rest out over the next week or so. It's just my first time buying into stocks so I'm having fun trying to pick the right time.
But that's what's got me kerfuffled. It's been a long time without a correction, and it feels like people are walking on eggshells waiting for one to happen but...it doesn't seem like there's anything that would be a trigger. Oh well, like you said this money is 3-5 year stuff at the bare minimum so I'm not too concerned, just fun.
Melon Husk
Member
I think when it comes to market prediction, a large majority of people have no idea what they're talking about, perhaps even myself included
Personally I don't see any troubling signs in the US economy that would indicate a major correction. But if you have a long term outlook, it doesn't really matter. So you buy some stock today and it goes down by 8% tomorrow. Whatever. I've learned not to try to call bottoms (or tops). The fact is that in a month, or a year, or 3 years, or however long it takes, we'll be hitting all time highs again. The fact that we're STILL down 8% from a month ago is good enough for me to consider this a buying opportunity.
Well Friday is profit taking day, who knows haha. We might see a slight continuation tomorrow followed by fade into the close. Apr - Jul the major indexes swelled, we're now back to more sustainable levels.
Melon Husk
Member
If you're holding the tweetie bird there's not much I can tell you. I would cross my fingers for a ~$45 exit if I were you.
Solars couldn't be getting that much cheaper. Could be a powder keg situation here. That's not to say there aren't winners and losers. You know, I think it's always a good time to buy solar stocks.
FB is worth watching too if it dumps into the bargain bin before we enter the VR hype phase. Too early to bet the farm on OR's longterm success.
Here's the continuation... then the fade?
Solars couldn't be getting that much cheaper. Could be a powder keg situation here. That's not to say there aren't winners and losers. You know, I think it's always a good time to buy solar stocks.
FB is worth watching too if it dumps into the bargain bin before we enter the VR hype phase. Too early to bet the farm on OR's longterm success.
Here's the continuation... then the fade?
AstroNut325
Member
Are we witnessing a bull trap in the US markets at the moment?
No, stop it, no, no.
Please no.
I mean, I haven't changed my investment schedule because of recent events, but all the red still bums me out.
I think when it comes to market prediction, a large majority of people have no idea what they're talking about, perhaps even myself included
Personally I don't see any troubling signs in the US economy that would indicate a major correction. But if you have a long term outlook, it doesn't really matter. So you buy some stock today and it goes down by 8% tomorrow. Whatever. I've learned not to try to call bottoms (or tops). The fact is that in a month, or a year, or 3 years, or however long it takes, we'll be hitting all time highs again. The fact that we're STILL down 8% from a month ago is good enough for me to consider this a buying opportunity.
You are correct, specially when you try to predict what the market is going to do short term. Most tools/charts/patterns... that people try to look at to make predictions are BS. They are looking at past. However there are a few things you can look at. Raising interest rates being one of them. Historically when rates are rising, stocks are slowing down or going down. Guess what is happening soon...
They are bullshit...and they aren't at the same time. Market predictions do fail, and they do so quite often, but that doesn't mean you can't exploit patterns and other tools if they are supported by a thorough statistical analysis. You can't reliably say if the market will be red or green tomorrow, no matter what analysis you do, you have no certainty and you never will.
However, say a given method has predicted the market's movements with just 55% accuracy. Anyone would agree that 55% isn't that reliable; if I applied it tomorrow, I'd have a large chance of losing money. But if you apply that method systematically and consistently, then that 55% accuracy doesn't look bad because you do end up making money over the long term if you repeat it again and again because you'll be right more often than you'll be wrong. You have a statistical edge.
Peter Lynch was an adept of this principle back when he was managing hedge funds (and he probably still is today); he didn't care if he was right or wrong on individual stocks, as long as in aggregate, his picks brought money in (which they did).
I completely agree with your point that you cannot try to predict what markets will do reliably...but you can still take some pretty useful hints from the data you have.