Stock Market

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barbee6043 said:
I agree, US old farts gonna have to go safe and I do. But when inflation kills the $, the guys surviving have tangible assets. That 5% barely keeps me at "even" with inflation. But way better than what the crooked banks used to pay which was nothing!

:BangHead:
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Blackrock has an ETF paying just over 6 % right now, saw it last night.
 
like_A_pike said:
6 weeks to get AMD back to where I jumped in at. Dow did a layup to 40k and the tide pulled back out… watch for dips if your day folk like me!
Happy Hunting
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As soon as you said/thought " man, I wish this thing would turn around" you shoulda been out, - before then.
Set a stop, software or mental, get out, buy it cheaper.
I often make 2 or 3 enties into a stock, only to be stopped out.
Costs $9.00 to save ? ? ? $50 or more .jmo
 
Inertia said:
As soon as you said/thought " man, I wish this thing would turn around" you shoulda been out, - before then.
Set a stop, software or mental, get out, buy it cheaper.
I often make 2 or 3 enties into a stock, only to be stopped out.
Costs $9.00 to save ? ? ? $50 or more .jmo
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I doubled down after it lost ~15% thinking I’d break even if it went up 8. Better yet it went back over my purchase spot by half a percent! I left AMD well on the plus side. This is fer fun remember. 22 shares all told. Folks give more away at casinos and lotto me thinks.
Now what to play tomorrow??? Next couple days should behave well. Choose wisely and happy hunting!
 
I’m back in heavy to tech before the bell. Let’s see if there’s any more upside with the bulls today. Also picked up some LYV,LLY, BLK, c, APLS, BSX, ENT, CAT, LMT & RTX.

I couldn’t find 5N plus for sale on my platform…. It be there too!
 
NVDA up $105.00 ish today, bringing a lotta the market with it.
This is a " core" holding in my portfolio, it has cost me nothing, as it has split and doubled a few times, so my original investment is in my pocket.
It is recommended by lotsa reliable investors for prob the next 10 yrs, lol, subject to change.
That 10 for 1 split, and being able to buy fractions of shares allows smaller investors to participate in these exceptional opportunities.
NVDA will likely suckback a bit in a few days, may be a time to open a position, before the split, as after, these stocks tend to run, jmo.
Due Dilligence, stop loss, stay vigilant.
It's a great day.
 
like_A_pike said:
I’m back in heavy to tech before the bell. Let’s see if there’s any more upside with the bulls today. Also picked up some LYV,LLY, BLK, c, APLS, BSX, ENT, CAT, LMT & RTX.

I couldn’t find 5N plus for sale on my platform…. It be there too!
Click to expand...

I put a bunch in my grandkids education fund, as a long term investment, China and Russia have a strangle hold on rare Earth's.
TECK-b would prob be a better trade.
I have a " basket" of about a dozen beta stocks that, on any day will move enuff to scalp a few $$$$
5N+
ca.finance.yahoo.com

5N Plus Inc. (VNP.TO) Stock Price, News, Quote & History - Yahoo Finance

Find the latest 5N Plus Inc. (VNP.TO) stock quote, history, news and other vital information to help you with your stock trading and investing.
ca.finance.yahoo.com ca.finance.yahoo.com

My fundamental goal is cash preservation, - with a stop.
If my horse is last outta the gate, I can get some of my money back by cashing out, as opposed to gambling, - your money is locked in till conclusion, win/lose, toss of coin, toss of dice, you have no control.
Good "luck" .
 
Nvidia has been tied to cryptocurrency mining for a few years.

That's what fueled the initial price explosion.

...so you gotta keep an eye on that, too.
 
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NVDA is the proprietary platform the new hyperchips are built on.
The software is proprietary, competitors will build new chips, but need the software to make them work, like Microsoft and Apple, it is it's own ecosystem of sorts.
It's earnings were up over 100% from last quarter.
Revenues soared 408.4% year over year and 27% sequentially to $22.68 billion
 
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I'm out with 2.5% since May 23rd. That wasn't pretty, NVDA and LLY were the clear heavyweights in the bunch. I was way backwards on SMCI until today when it came roaring back. ENT did well anytime oil went up (which wasn't often but you could play with it) BSX, APPL, MSFT popped too to help lift my losers up enough to get ahead. I'm waiting for a proper dip next time with an eye fixed on that 25 basis points maybe in September. happy hunting!
 
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Picked up 22 shares of additional NVDA June 13 and dumped them this morning for another 1.8%. Going camping and can’t babysit whilst they hover over 30% above a 50 week high! Spooked. Happy hunting!
 
Jumped in the dip this am! BSX & LLY mostly. A little tech but not the usual suspects. Although SMCI and NVDA made promising swings upward today… fingers x’d

Happy Hunting!
 
Let the stop-losses do their jobs, the market is up huge, a 10% pullback would not be unexpected.
Consumers are stressed, Visa is having increased late payments, Walmarts sales are down except high priced items.
Competitive sales are increasing, prices are being forced down.
Walmart, Loblaws and other food retailers have signed some "pact" to controll prices under pressure from above.
Food wholesalers have noted reduction in restaurants and fast-food orders, French-Fry Suppliers have huge reductions.
That's the consumer shoving back . .

Canada today lowered it's rate another 1/2 basis point, the U.S. Fed is late in reducing in many's opinion including mine. fwiw.

I have had a few stops trip, and have a coupla stocks I been waiting for a pullback to enter, but that may be a while, there is a definite broadening of companies improving.

The geopolitical atmosphere is Soo volitile, - we are in a time that agile traders can make a lotta $$$$.

Tighten stops, don't be in a hurry, sometimes the hardest part is sitting on your hands .

Good hunting.
 
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From this perspective it appears that I was way too early buying this dip! In my defense, I REALLY thought JPow was (had to) surprise us with an early 25 basis points last week. It seems I’m not alone in thinking he should have and now must! All to say, Damn the Torpedoes and hang on! I ain’t lost anything (yet).

If I had a 15% stop I’d had lost a bunch this morning and missed the opportunity to get around 5% back between the bell and the first half hour of open trading. I’ve been down here before (1/19, 3/20). It’ll come roaring back whenever JPow gets off his butt! Just wish I had a little dry powder this mornin’.

Happy hunting!
 
All the signs are there, a recession is on the horizon, it will be long term, a painful recorrection.
How much is in your wallet? How much are you willing to lose?
Inertia said:
Canada today lowered it's rate another 1/2 basis point, the U.S. Fed is late in reducing in many's opinion including mine. fwiw.
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Lowering the rate will ease the pain short term. We are in this for the long haul.
 
fishmens67 said:
How much is in your wallet? How much are you willing to lose?
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Im up close to 20% before taxes in 2024 so I can lose all of that before the 10% I’m ok with of the principal??? I’m trying to learn how to beat the house!
 
Usually when the fed signals a pivot to cut rates, the market gets hammered.
 
My position with LLY went solid green this morning from way down a few days ago! Still waiting on the other 3…
APLS shot up and brought a bunch of pharmas along. Or perhaps Warren placed some of that cash stash. Who knows?
 
The Recession seems on hold for a while, a single bad labor report, any single report isn't cause to panic.
Turns out the Bank of Japan did a minor rate increase, which created a huge worldwide " margin call", ( called in it's cheap loans around the world).
It was a global phenomenon, not a US crash, lol.

Mortgage rates are dropping

With the pullback, it's a great time to buy GREAT stocks at firesale prices.
Set Stops, watch them go.

I'm in the position that a lotta my holdings are free, I have held Amazon, Apple, Meta, Nvidia, Google, that they have split and doubled enuff times that they end up at no cost.
One of my disciplines is to sell 50% of a stock when it doubles in price, thus locking in profit, and the stock is then free.

I have found the " sector leader " (mentioned above) to be consistent winners, these are "best of breed", - you can even buy partial share.
I lost most money buying a cheap stock recommended by a "talking head" on TV, and watching it tank .
Josh Brown on CNBC, give extremely level headed views on reality, and have found his guidance very valuable . Record "Half-time Report" at noon eastern, and scan forward to his blurbs, jmo

I started this thread to try and make folks aware of the mutual fund trap, the fund manager gets a million+$, and the brokerage firm gets huge$ to run the fund, THEN, what's left get divided out.

The software tools mentioned help avoid the "gut wrenches" that I have learned to avoid.

Check out the free practice trader pages at your bank/brokerage.

If you truly want to learn about trading, go to this professional trading room. There used to be a free trial period, go watch the different styles of trading, options, great education section, charting to give you buy/sell triggers.

The Underground Trader - Day Trading with Jea Yu

The Underground Trader - Day Trading with Jea Yu
undergroundtrader.com undergroundtrader.com

Good trading .
 
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Nothing but good economic data this last week, no recession expected, Fed will very, very likely drop interest rates 1/4, maybe 1/2 point.
This is fantastic news for mortgage rates, which are already dropping.
Consumer prices are being forced down by competition .

We have just experienced a coupla phony news blurbs from unreliable sources that created opportunity for folks using the tools avail to sell high, buy low. The blurb about Japan bank, and another "tweet" about tarriffs on chips tanked the market a coupla times, traders love that, investors not so much.
There will be more surprise blurbs to try to upset the market, tighten up your stops, and don't get excited, there is volitility ahead, all geo-political, these pullbacks are buying opportunities.
I picked up a few Costco and Chubb shares cheap.

Our economy is the best in the world .

Tariffs.

I heard some bullshit the other day, where the speaker said they collected $21 million from tariffs on China, inferring that someone sent China a bill for $21 million, to which China wrote the U.S. a cheque, . . - bullshit.
China didn't pay fk, YOU paid the $21 mill at the cash register at check-out .
Who believes this chit ? ?

Stay alert, good things are happening.
 
GDP up, manufacturing up, stock market amazing... highest oil production in the world by a lot... it's good times :)
 
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