Market testing the lows from Oct

FLmxer
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FLmxer 10/18/2019 10:14am
10/18/2019 10:14am Edited Date/Time 10/18/2019 10:23am
I screwed up the other day on dnr. I set a limit buy at $1 and it kept getting to 1.01 but popping back to 1.08. So I cancelled and decided to do half at 1.05 and set half at 1.00. Well I woke up late and never submitted it and it hit 1.00 early then was like. 1.12 bouncing. So I got the 1.05 buy but still waiting on 1$ price. I know it seems like a trivial amount but it adds up depending on # of shares. I am going to buy at the lowest number today which could get to $1 in case some news comes out this weekend.
Been buying Abbvie up and about to start strengthening that position more. I loaded my VYM position first thing when I opened these accounts and it has been doing very well.
t_baum88
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t_baum88 10/19/2019 8:45am
10/19/2019 8:45am Edited Date/Time 10/19/2019 8:53am
Anyone here trade options?

Very green would love any tips from someone who’s done this a long time.
borg
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borg 10/19/2019 10:37am
10/19/2019 10:37am
factoryfatty wrote:
Here's a pretty good breakdown of the last decade


Shiff makes lots of predictions. Some come true some don't. Where I do agree with him is with regards to government debt coupled with extended periods at sub normal interest rates like what we are experiencing now. When we have another recession, the Fed will be out of arrows and the only thing left is fiscal policy meaning stimulus meaning drastically increasing the debt. Shiff could very well be right that this time the Fed won't be there to save us.
XXVoid MainXX
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XXVoid MainXX 10/19/2019 1:33pm
10/19/2019 1:33pm
500guy wrote:
Kind of wish I would have sold when it was around 12, LOL this is going to be one I either do real good on down...
Kind of wish I would have sold when it was around 12, LOL this is going to be one I either do real good on down the road or lose it all.
XXVoid MainXX wrote:
Same here, but I've bought more and am currently at $3.97 average. Probably just throwing more money away.
500guy wrote:
what happens when a company like NIO gets to the point the stock is worthless? do they take it off the exchange and we all call...
what happens when a company like NIO gets to the point the stock is worthless? do they take it off the exchange and we all call it a loss?
I assume that is what happens but I'm new at this so I really don't know.

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factoryfatty
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factoryfatty 10/20/2019 2:55pm
10/20/2019 2:55pm Edited Date/Time 10/20/2019 2:57pm
factoryfatty wrote:
Here's a pretty good breakdown of the last decade


borg wrote:
Shiff makes lots of predictions. Some come true some don't. Where I do agree with him is with regards to government debt coupled with extended periods...
Shiff makes lots of predictions. Some come true some don't. Where I do agree with him is with regards to government debt coupled with extended periods at sub normal interest rates like what we are experiencing now. When we have another recession, the Fed will be out of arrows and the only thing left is fiscal policy meaning stimulus meaning drastically increasing the debt. Shiff could very well be right that this time the Fed won't be there to save us.
I think his predictions have been pretty solid. It's the timing that is tough.

Go watch his interviews from 06 where he straight up said the subprime mortgage market is going to crash the financial system. It's funny seeing all the "experts" called him crazy on that one. Just like today they brought up the "historically low unemployment" as proof that all is well. Go check history, we always go into recessions at full employment.

They say that we're much better off since then but the financial system could only handle up to 2.25% fed funds rate before melting down last December, it was at 5.25% in 2007. That interest rate nowadays would crash the system overnight.

He now thinks there's a looming sovereign debt crisis followed by a currency crisis. With the fed cutting rates again, the repo market melting down and the fed bringing back QE I'd say it ain't far off. It ain't exactly like 07/08 but damn it rhymes.

Stocks haven't gone anywhere in nearly 2 years so I don't know how much more upside people think is out there.

smashingpumpkins167 10/21/2019 7:11pm
10/21/2019 7:11pm
t_baum88 wrote:
Anyone here trade options?

Very green would love any tips from someone who’s done this a long time.
I did for a little while. Lost a lot more than I gained. It's too risky for me. I started just buying and selling stocks for free with Robinhood.
Black Diesel Bomber 10/21/2019 9:24pm
10/21/2019 9:24pm
t_baum88 wrote:
Anyone here trade options?

Very green would love any tips from someone who’s done this a long time.
Have you ever played blackjack? If you don't know what you are doing with stock options you will be better off at the blackjack table.
t_baum88
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t_baum88 10/22/2019 5:45am
10/22/2019 5:45am
t_baum88 wrote:
Anyone here trade options?

Very green would love any tips from someone who’s done this a long time.
Black Diesel Bomber wrote:
Have you ever played blackjack? If you don't know what you are doing with stock options you will be better off at the blackjack table.
I know just enough to think I know what I’m doing and get myself into trouble Tongue

XXVoid MainXX
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XXVoid MainXX 10/22/2019 9:31am
10/22/2019 9:31am Edited Date/Time 10/22/2019 10:14am
I feel like I should temporarily sell off a bunch of my TSLA stock today. I am pretty sure it's going to tank tomorrow night. When I look back on this post on Thursday the stock is currently at $257.80 for reference.
XXVoid MainXX
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XXVoid MainXX 10/23/2019 2:06pm
10/23/2019 2:06pm Edited Date/Time 10/23/2019 2:08pm
Well, so far I'm glad I didn't sell. Up 15% right now.
XXVoid MainXX
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XXVoid MainXX 10/25/2019 10:22am
10/25/2019 10:22am
So glad I didn't sell any of my TSLA. I'm going to friggin' Disneyland! Smile
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FLmxer
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FLmxer 11/1/2019 8:20am
11/1/2019 8:20am Edited Date/Time 11/1/2019 9:05am
So I saw what I considered a no brainer. With the fires going crazy in California and all the issue's with PG@E power company there I saw the stock price plummeting. Also there was talk of bankruptcy and other companies taking over but I looked and no institutions had sold them. It dropped to around $4 and I dropped a nice chunk into it and in 2 days it's been climbing fast since they restored power to most. Its at around 6.50 now and debating on when to cash out. Similar situation as hurricanes here really.
Hate to capitalize on a horrible event though and my heart goes out to all affected it just popped out to me while studying the market trends.
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FLmxer
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FLmxer 11/4/2019 10:57am
11/4/2019 10:57am
I am still holding out on selling pg@e, it's might beat $8 today. Almost loaded it up this morning when it was climbing so fast. Its $2 more a share than I had planned to exit already. Getting out today at some point though.
XXVoid MainXX
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XXVoid MainXX 11/4/2019 11:01am
11/4/2019 11:01am
NIO is coming back after bump in sales this last quarter. Still a long way to go.
XXVoid MainXX
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XXVoid MainXX 11/5/2019 8:32am
11/5/2019 8:32am
Wow, NIO up another 30% today so far. I'm still down 50% so hopefully it keeps coming. Smile
motosmith
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motosmith 11/5/2019 11:01am
11/5/2019 11:01am
I'm out. I'm changing my investment strategy.

I'm going with a small cap, mid cap and large cap fund and calling it good. I'll let some fund manager lose sleep at night.

My previous strategy of buying high and selling low doesn't work so well.
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XXVoid MainXX
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XXVoid MainXX 11/7/2019 7:45am
11/7/2019 7:45am
I feel like something bad is about to happen. My stocks have been on an unbelievable run the last couple of weeks.
factoryfatty
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factoryfatty 11/7/2019 9:21am
11/7/2019 9:21am
XXVoid MainXX wrote:
I feel like something bad is about to happen. My stocks have been on an unbelievable run the last couple of weeks.
Well der. The fed is injecting a hundred billion dollars a day into the repo markets, buying hundreds of billions of dollars of debt in the past few weeks, as well as lowering interest rates making borrowing cheaper so companies can borrow more to buy back their own stock and pump up the prices. The fed is keeping the party raging for now.

Man it's going to be a killer hangover.
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XXVoid MainXX
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XXVoid MainXX 11/7/2019 9:27am
11/7/2019 9:27am
So sell everything now? Smile
factoryfatty
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factoryfatty 11/7/2019 9:44am
11/7/2019 9:44am
I'm not saying stocks won't keep going up for now, but there will be a price to pay for all the printing and manipulation, and this economic cycle is looking really long in the tooth. The price will be paid to the dollar and all paper assets. Remember, the Venezualen stock market went up like a million percent as the peso started run away inflation, it's just that you get paid in those pesos, which became virtually worthless.

Trying to time the stock market is pretty much impossible though.

FLmxer
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FLmxer 11/7/2019 10:48am
11/7/2019 10:48am Edited Date/Time 11/7/2019 10:58am
After the killer play last week and pretty much doubling my money in one portfolio. I took a few k of profits and loaded them into Disney today before they launch the streaming deal on the 11th. I am not sure if it is a good play or not but worth a shot. I do think starwars land was a bad idea even though I loved Star Wars growing up. To niche. But the streaming should be money because parents will pick Disney over Netflix for the kids.
borg
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borg 11/7/2019 10:51am
11/7/2019 10:51am
XXVoid MainXX wrote:
I feel like something bad is about to happen. My stocks have been on an unbelievable run the last couple of weeks.
I also have an uneasy feeling. Multiple reasons.
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XXVoid MainXX
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XXVoid MainXX 11/7/2019 11:01am
11/7/2019 11:01am
FLmxer wrote:
After the killer play last week and pretty much doubling my money in one portfolio. I took a few k of profits and loaded them into...
After the killer play last week and pretty much doubling my money in one portfolio. I took a few k of profits and loaded them into Disney today before they launch the streaming deal on the 11th. I am not sure if it is a good play or not but worth a shot. I do think starwars land was a bad idea even though I loved Star Wars growing up. To niche. But the streaming should be money because parents will pick Disney over Netflix for the kids.
Ha ha, you're literally going to Disneyland! Smile
smashingpumpkins167 11/18/2019 8:50am
11/18/2019 8:50am
Does anybody have any faith in MDR still? It's at 0.63. I bought some more, it cant go down much more from here.
mikec265
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mikec265 11/18/2019 11:58am
11/18/2019 11:58am
smashingpumpkins167 wrote:
Does anybody have any faith in MDR still? It's at 0.63. I bought some more, it cant go down much more from here.
Idk, but the news on that stock doesn't look good.
Stock trading is mostly a "winter sport" for me.
I'm not an expert.
XXVoid MainXX
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XXVoid MainXX 11/18/2019 4:48pm
11/18/2019 4:48pm
I bought a bunch of NDAQ this morning. So far it's doing good for me. Smile
mcc
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mcc 11/18/2019 6:34pm
11/18/2019 6:34pm Edited Date/Time 11/18/2019 6:34pm
smashingpumpkins167 wrote:
Does anybody have any faith in MDR still? It's at 0.63. I bought some more, it cant go down much more from here.
I hope this thing rebounds with some kinda good news or I’m gonna be out a lot of $$
AHRMA361 11/19/2019 6:37am
11/19/2019 6:37am
smashingpumpkins167 wrote:
Does anybody have any faith in MDR still? It's at 0.63. I bought some more, it cant go down much more from here.
mcc wrote:
I hope this thing rebounds with some kinda good news or I’m gonna be out a lot of $$
Saw some news blurb about "prepare for bankruptcy" at McDermott

Here: https://seekingalpha.com/article/4307480-mcdermott-update-recent-events…
FLmxer
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FLmxer 11/26/2019 5:54am
11/26/2019 5:54am Edited Date/Time 11/26/2019 5:55am
What is the play on this Schwab and Td Ameritrade merger?
I panicked and set a market buy for both today and also dumping more funds into Abbvie.
XXVoid MainXX
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XXVoid MainXX 11/26/2019 6:17am
11/26/2019 6:17am
I don't know what to think of it. I started out trading with Scottrade who got bought out by TD Ameritrade which I am still on who is now getting bought out by Charles Schwab. I'm happy with TD Ameritrade, especially since they dropped the trade fees.
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