Miles Quaritch
Member
Osbourne is an evil cunt, so it suits him well.
I'm seriously pissed by this. I freed up some money in preparation and they pull this shit at the last minute.
Cunts.
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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
Osbourne is an evil cunt, so it suits him well.
I'm seriously pissed by this. I freed up some money in preparation and they pull this shit at the last minute.
Cunts.
I was thinking about starting a Betterment account as a way to create an emergency fund and have it make money on the side versus the money sitting a very low interest savings account. With the volatility in the market I'm kind of hesitating, but the relative "discount" I'll get compared to starting it last summer is making me really consider it. Any thoughts?
I only started delving in stocks a few months back when I started an account with Robinhood. I just put in a couple of hundred bucks and I'm down almost 40%. I haven't sold any stocks since it started going down at the end of last year, I'll wait it out I guess or buy more.
I only started delving in stocks a few months back when I started an account with Robinhood. I just put in a couple of hundred bucks and I'm down almost 40%. I haven't sold any stocks since it started going down at the end of last year, I'll wait it out I guess or buy more.
ClosingADoor
Member
What kind of stocks are you picking and on what criteria if I may ask? 40% is a pretty big drop. I'm also down, but just 10% or so with the current drops going on.
Also watch the transaction costs if you are doing multiple transactions with just a few hundred in investments. They add up quickly. If you buy € 100 and your transaction is € 4, that is already 4% of your investment gone.
I have a couple of biotech stocks, Square, and Sony. :x
With Robinhood the reason I'm able to have $200 in it without losing everything to transaction is because they don't have any commission fees. Just wanted to try it out before committing to anything. I'm starting to think I'm not too into picking out individual stocks and would like to just set it and forget it.
You are a brave man going into biotech stocks. I aint touching those stocks with a 100 feet pole.
Moment of truth next week for me with Nintendo first quarterly report 2016. Pretty heavy into NTDOY.
/crosses fingers
vpance
Member
Could still just be a dead cat bounce in a long term bear market. Must stay cautious until indices retake and stay above their 50, 100 and 200 DMA.
BOJ is literally trying to pull a Goku spirit bomb by adopting negative interest rates, juicing the markets to keep it from crashing into oblivion. Might only be good for a short term boost, but we'll see. For BOJ it would be very, very embarassing and very, very bearish if the markets shrug off their efforts.
BOJ is literally trying to pull a Goku spirit bomb by adopting negative interest rates, juicing the markets to keep it from crashing into oblivion. Might only be good for a short term boost, but we'll see. For BOJ it would be very, very embarassing and very, very bearish if the markets shrug off their efforts.
ClosingADoor
Member
Risky stuff. Although Sony (SNE) just went up 17% I see today. Big bounce back.
I'm staying away from most bio, medicine and tech stuff - last one mostly because Europe doesn't have any interesting ones as far as I know, trading in Holland and Germany.
If you pick out individual stocks, you need a reason why you trust that stock. Maybe because of their growth potential, maybe because they are stable, or have good dividend. Don't follow the crowd, but make a decision that you have faith in.
Two of my stocks back in the green. Going to set some stop losses on them. If they drop, they'll sell and I'll buy them back a bit later for less.Today is a good day, first time this year that everything is green in my portfolio. Especially you Facebook, I know you still have it in you. I set it to sell at $113, it came pretty damn close.
Ether_Snake
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I'm all in VUG, VEA, BLV, VNQ. Plus my old old losers in the 3d printing stocks DDD and SSYS, and solar with SCTY.
But any investment I make goes in my Vanguard ETFs, I'm done with stock picking. I'd love to invest in video game companies stocks, I used to make good returns on them, but I've stayed out for too long so I'm not bothering.
But any investment I make goes in my Vanguard ETFs, I'm done with stock picking. I'd love to invest in video game companies stocks, I used to make good returns on them, but I've stayed out for too long so I'm not bothering.
mercenar1e
Member
jumped on Ford yesterday when it fell to $11.37 due to the news of the recall.. its a pretty solid company and the market was overreacting. I also jumped in RDS B when it was $37 and i sold at the closing price.
does anyone have any recommendations for high paying monthly dividends?
does anyone have any recommendations for high paying monthly dividends?
ibitegirls
Member
I recently took all my IRA money out of stock picks and put it in VFIAX. Vanguards are much easier to manage lol.
Melon Husk
Member
Biotechs are a coin flip. Not only that, you either get a +50% or -50% move in any given day.
Very good piece of advice.
Very good piece of advice.
Ether_Snake
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SCTY crashing every day.
SCTY swings are crazy. Tempted to jump in if it dips a little more. The energy drop has brought solar down with it.
Fed should keep raising rates unless the economy starts tumbling. Lots of people whining based on the stock market pullback it can cause. Well valuations are still over the averages.
Ether_Snake
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I think it's a stock that is extremely shorted, so shorts bail out as soon as it rises only to jump back in. They must have made a killing on this stock. Kind like 3D printing stocks, except those are even worst.
Stock market thinks Apple has peaked so it as. Doesn't matter if they keep earning above expectations people keep looking for the fall.
toxicgonzo
Taxes?! Isn't this the line for Metallica?
You are borrowing somebody else's stock. For example, if I asked you "Can I borrow 100 shares of apple stock?" and you said yes, then I would take your shares and sell them immediately. I now have about $9600 in cash (AAPL:$96 x 100 shares) . At some point later on, I have to return your shares to you. Hopefully for me, the price of Apple stock has fallen so that buying back 100 shares will be cheaper. For example, if the price per share value was $84, then it would take $8400 for me to return your shares. In that case, my profit is 9600-8400 = $1200.
That's the basics of it. Actually pulling it off in a trading platform is a little more complicated because of things like margin requirements.
That's the basics of it. Actually pulling it off in a trading platform is a little more complicated because of things like margin requirements.
Ether_Snake
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DDD up almost 20% since yesterday on pretty much no news. I wonder if it's just a short squeeze, or/and a takeover.
vpance
Member
S&P 1800 or 2000 imminent. Jobs report tomorrow probably kicks it off.
Goes without saying, but back to 1800 means crash acceleration mode activated, and the road to AAPL $60 NFLX $60 AMZN $300s is on the way. Kind of don't believe it yet but will have to if that's what the market signals.
Goes without saying, but back to 1800 means crash acceleration mode activated, and the road to AAPL $60 NFLX $60 AMZN $300s is on the way. Kind of don't believe it yet but will have to if that's what the market signals.
ClosingADoor
Member
Every time it rises after an earnings report sell or put a stop limit I think. Done this about four times over the last months, every time it went up, only to come down at least a few percent again in the week after. Just buy back then if you want them longer.
Of course you can also miss a further rise, but I rather take that chance then losing money.
And over here my oil and finance shares recovered a little again. Still 10% to go before they are green again, but at least it's something. Now if those damn German car companies stopped screwing around...
toxicgonzo
Taxes?! Isn't this the line for Metallica?
That is BS.
I had covered calls to protect for a 10% down swing.
I did not expect to see it drop 45%.
Grr....
ClosingADoor
Member
Up is down, down is up.
Linkedin didn't post that bad of a result did they? Bit of an overreaction this.
Ether_Snake
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NEVER buy Twitter, Linked, or Groupon. Been saying it forever.
If the S&P goes below 1800, I expect a floor at 1500.
If the S&P goes below 1800, I expect a floor at 1500.
Some are expecting oil to go to $15 a barrel. GDX rallied, maybe time to buy. Not sure.
Yeah I get that. It's the actual doing I'm confused on and my nightmare is leaving myself open to huge risk because of some Monday detail I fucked up on.
So what is everyone trading? I don't mean for longs as there are tons of quality long stocks and oil stocks to watch and jump in. I mean what is everyone cycle trading or looking for action. Any traders like that here?
I do it for fun. I have an IRA, and long stocks but I dream of actually getting good at trading to the point of making decent money at it. Right now I don't really make much lol.
ClosingADoor
Member
At the moment I have a couple in my account: Unilever, Siemens, BMW, Daimler, ING, Shell, Randstad. European stocks all.
Unilever, Siemens and ING posted some good results. Been going around with these buying and selling for a bit when it goes up and down, making a few percent on it where I can.
Their is a really good euro stock I like that just got their super bass FDA approved. Can't remember the monicker but they are talking about it on Reddit.
NUGT is looking to take off.
Sold my Groupon puts today. Didn't want to risk going into earnings in this environment and 12% isn't a bad return for <30 days. I feel really uneasy to do any moves whatsoever right now. Been mostly looking at EUR denominated bonds (2035 AT&T 2.45% has caught my eye).
$TIF is always good for a swing trade and it's about time I get back into BHP....I mean, just look at that chart https://www.google.com/finance?cid=4905
Look at DUST. The gold rally imo is a false one and is fixing to pop or stall at minimum. However if the FED backtracks on its rate hikes gold will explode. Until then I'd play the DUST game.
Ether_Snake
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SCTY down 23% in after hours.'
🙄
🙄
ClosingADoor
Member
Damn, The guys selling at $50 are very happy now.
Bad day all around. Going to look like a long way to recovery.
Ether_Snake
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I keep hearing that inflation is too low, that even small businesses who are doing well are not raising prices. Isn't it possible that we have just entered an era where technology is leading to a major cost reduction? Even small businesses are now helped by technology.
It seems to me like the central banks are working with out of date data. I was saying since 2008 that costs need to go down for money to be spent more freely, which is favorable to strengthening the economy. I don't see the issue with having low inflation considering the economy seems to be doing fine?
It seems to me like the central banks are working with out of date data. I was saying since 2008 that costs need to go down for money to be spent more freely, which is favorable to strengthening the economy. I don't see the issue with having low inflation considering the economy seems to be doing fine?
Melon Husk
Member
-40% down for today. ether_snake post if ok.
https://www.youtube.com/watch?v=YGGk90YljhQ
next year will be better
https://www.youtube.com/watch?v=YGGk90YljhQ
next year will be better
Ether_Snake
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My non 401k portfolio is down almost 30%. But in CAD it would probably be only around 5%.
The nasty is if stocks stay low or lower AND the USD falls VS the CAD.
Last year I made around 20% of profit on what I sold. My 401k (RRSP) is up 9% on average since inception in 2006.
But I miss the days when I was making easy money with video game companies Now it's all boring ETFs and waiting 😑
The nasty is if stocks stay low or lower AND the USD falls VS the CAD.
Last year I made around 20% of profit on what I sold. My 401k (RRSP) is up 9% on average since inception in 2006.
But I miss the days when I was making easy money with video game companies
Now it's all boring ETFs and waiting 😑I bailed earlier on SCTY, but I got caught in the net with Tesla :
ZeezbruhTV
Member
SCTY looks very attractive. It isn't going anywhere unless there's another 2008.
ClosingADoor
Member
Isn't solar a lot less interesting now with low oil and energy prices? Less investment in making the switch. Wonder how long it will take for that to recover.
Ether_Snake
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Either we bounce at 1800 or I say we go to 1500. Let's see.