-
Hey, guest user. Hope you're enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse.
Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
SpartanN92
Banned
Oof...oil is not having the day I thought it would
ManofOne
Plus Member
Ya, rose to high and fast. If you have a decent Margin of Safety you can ride it out thou
12Goblins
Lil’ Gobbie
Bought a bunch too. 26 too good to pass up
SpartanN92
Banned
I’m good on most of them. There are a couple ETFs I hopped onto late that are giving me trouble but I’m not too worried.
ManofOne
Plus Member
Make sure the ETF doesn’t have a high vol positions like ARKK. When you have a company like tesla which is prone to volatile movements int be market, your etf suffers in the long run.
ManofOne
Plus Member
Yep $26 dollars was good price to buy in on Friday. I still trimmed a little though. For portfolio balancing
Honey Bunny
Member
Oil shoots to 70 a barrel while nasdaq futures still red -> my tech stocks do great and my oil stocks are red. Funny old market.
SpartanN92
Banned
Man I’m keeping my eyes glued to TTWO. They have been massacred the past month. They have gone from $225 to $165. They will eventually release another GTA game 
just waiting to see how low this goes
just waiting to see how low this goes
GHG
Member
Relatively high short float, will always be prone to unprovoked jumps like this as long as that's the case.
HoodWinked
Member
GME going parabolic again touched 205.
AmuroChan
Member
CrankyJay™
Member
Weird to see the DOW up while NASDAQ still gets a big fuck you.
ManofOne
Plus Member
The stimulus was priced in. What trying to be priced in now is higher rates and inflation.
ManofOne
Plus Member
SpartanN92
Banned
Down 1.7%
Not a great day.
Not a great day.
GHG
Member
Don't get me wrong, I have faith that Apple and AMD will bounce back but damn... they are dropping off at an alarming rate at the moment.
It's getting so bad that AMD's price is converging with Intel's.
But fuck me I'm glad I got out of ARKK when I did, it's a mess and Cathie is resorting to releasing damage control videos on their youtube channel.
It's getting so bad that AMD's price is converging with Intel's.
But fuck me I'm glad I got out of ARKK when I did, it's a mess and Cathie is resorting to releasing damage control videos on their youtube channel.
ManofOne
Plus Member
They're over exposed on stocks but I read a good article on how my insider ownership actually happens
https://seekingalpha.com/article/4411559-raiders-of-lost-arkk
Dynasty8
Member
I agree. I also acknowledge I made the rookie mistake of buying ARKK at a high price of $146 (almost 70 shares) due to seeing 2020's returns...but I did like the long term vision and I wanted to start investing so I dived in. It's down to $110 right now and I don't think it's ever dropped so low so quickly before.
I've been having one of the worst months ever. Either way, lesson learned and I still don't want to sell out until it goes back above $146+...even if it takes till next year. Is that realistic or am I fucked? :/ (I am asking because I truly don't know how overvalued it is).
ManofOne
Plus Member
TSM and MU are good stocks. Worried that this correction might hurt any momentum they had
GHG
Member
I can only speak for myself but a big problem I have with ARKK at the moment is it's weighting of Tesla and the fact that Cathie is becoming increasingly stubborn about the way she's managing her funds.
Tesla for me is a big issue. It's no secret that I think it's massively overbought and I wouldn't be surprised to see sub 500 by the end of the week, that's how strong the negative momentum is with that stock at the moment. There's also the question of "what's it really worth at the moment minus the hype" and I don't think many people who own the stock could give you an answer. There is no fundamental reason for it to be as high as it is right now.
Then there's Cathie and her team... They are doubling down on the dominant weightings in their portfolio, catching each falling knife as it falls and the people who are ultimately left with bleeding hands are the investors. I don't pay them a fee to make the same rookie emotionally charged mistakes that I am prone to making.
I originally got in around the 130 range and in hindsight I didn't do the due diligence I should have prior to investing. On the face of it it all sounded good, it was going up so I thought why the hell not. Not the right thing to do because I didn't consider how it fits into my overall portfolio and right now I can't find room for something like that, especially not with the uncertainty in the market right now.
For the question of whether it will get back to where you bought it at, it probably will, but it also likely needs to bleed out some more. How long it will take to get back much depends on the moves that they make and how the companies in the fund rebound. So keep an eye on what they are buying/selling and do some research on the individual holdings.
Ultimately its about whether you think you can find a better opportunity to make that money back outside of ARKK using the market value at the time you're considering it. If you don't have anything you can move on to with conviction then just ride it out.
Last edited:
longdi
Banned
Central banks around the world to raise interest rates = crash soon!?
Sell up, the stock market is collapsing after a last-gasp bull run
With monetary easing set to end, it’s a game of chicken as investors see how close they can come to timing the inevitable downturn
Even China is worried. Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission and the Communist Party secretary of the central bank, called the recent market rallies “bubbles”, including in China’s real estate which he described as “very dangerous”. No wonder. China’s 200-million-plus migrant workers who lack hukou residency benefits are ever less likely to start families, thus exacerbating China’s ticking demographic time bomb.
Back in the US, an explosive divergence between disposable personal income and gross domestic product growth due to Covid-19 payouts adds more stimulus fuel to the fire, even without the blatantly regressive student loan forgiveness promised on the campaign trail.
Has a collapse begun already? Perhaps, but new market highs could come first if investors divine ongoing monetary largesse. It is inevitable that central bankers will abandon the Covid-19 fight in their inflation fright. In doing so, they could cause markets to collapse, as they have before. As I rightly warned you last February and in 2007, consider selling soon.
www.scmp.com
Sell up, the stock market is collapsing after a last-gasp bull run
With monetary easing set to end, it’s a game of chicken as investors see how close they can come to timing the inevitable downturn
Even China is worried. Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission and the Communist Party secretary of the central bank, called the recent market rallies “bubbles”, including in China’s real estate which he described as “very dangerous”. No wonder. China’s 200-million-plus migrant workers who lack hukou residency benefits are ever less likely to start families, thus exacerbating China’s ticking demographic time bomb.
Back in the US, an explosive divergence between disposable personal income and gross domestic product growth due to Covid-19 payouts adds more stimulus fuel to the fire, even without the blatantly regressive student loan forgiveness promised on the campaign trail.
Has a collapse begun already? Perhaps, but new market highs could come first if investors divine ongoing monetary largesse. It is inevitable that central bankers will abandon the Covid-19 fight in their inflation fright. In doing so, they could cause markets to collapse, as they have before. As I rightly warned you last February and in 2007, consider selling soon.
Opinion | Sell up – the stock market is collapsing after a last-gasp bull run
With monetary easing set to end, it’s a game of chicken as investors see how close they can come to timing the inevitable downturn.
www.scmp.com
ManofOne
Plus Member
Read something interesting on a BLOG today. That manufacturing of Goods and Services are about to get higher as wage inflation accounts for a larger portion of the process. If the stimulus package incentives people not to work then we can see higher wage inflation going foward which amplifies the speed of inflationary pressures on the economy and may also hurt business that are exposed to wage costs in the unskilled market.
This includes retail, restaurant businesses, consumer services etc.
So keep an eye on margin sensitive stocks. DPZ is a good example of one.
ManofOne
Plus Member
Between 1970 to 1980, we had fairly high inflation rates. This lead to unemployment increases.
What contributed to this inflation rate was the U.S, was now entering the Vietnam war and we had quantitative easing as we have now. I'm not expecting inflation as high as 14.0% but I am expecting inflation between the range of 4.0% to 6.0% over the next few years which is going to lead to higher unemployment and a generation of inflation.
I think the prior years were an inflation bubble and thanks the COVID, that bubble just burst. It will take some time for the market to re balance itself.
Last edited:
StreetsofBeige
Gold Member
Finally a decent day. +3%. Need a bunch of these to get back to all time high.
StreetsofBeige
Gold Member
GME back to $235. Amazing.
