Stock Market/Investing

[DC]

I'm a little upset I couldn't afford to buy more.

This sentiment, in general, is me to a T. About a month ago I paid off the mini-van (which I absolutely adore, suck it haters!) with 13K cash. **** ME! I haven't invested a penny side from normal 1st of the month Roth IRA contributions and 529 plans for my two boys.

My unsolicited .02 advice for the masses: BUY AS MUCH AS YOU CAN! We won't be in a depression! No industry will go under! This is an easy bounce, IMO.

 

[DaaBears]

bottoms are almost always re tested. So assuming $95 was the bottom, it would be an anomaly to just go straight up from that bottom with no major pullback(s) along the way

The whole world is looking for a testing of the lows, so that isn't happening. Either we will get nowhere near the lows on a pullback, or we will blow right through them.

 

[knoxville7]

The whole world is looking for a testing of the lows, so that isn't happening. Either we will get nowhere near the lows on a pullback, or we will blow right through them.

luckily, I’ve put myself in a position to do well in any of those 3 scenarios

 

[MDB111™]

Honestly hope not. I'd like to put more stake into Boeing and Delta, two stocks I don't intend to keep long term. Probably a couple others as well.

If it rises a few more bucks, I have a one bagger in 4 freaking days! That's insane! I've doubled my money in 4 days...

 

[knoxville7]

If it rises a few more bucks, I have a one bagger in 4 freaking days! That's insane! I've doubled my money in 4 days...

that’s what makes me feel a big pullback coming in a lot of these names. Shit feels to good to be true, and when that’s the case it’s usually true lol

edit - a Friday sell off seems likely

 

[MDB111™]

that’s what makes me feel a big pullback coming in a lot of these names. Shit feels to good to be true, and when that’s the case it’s usually true lol

edit - a Friday sell off seems likely

It's so hard to tell exactly what will happen but I will be buying again if there's a pullback.

Even weed looks juicy again.. CGC looks ripe for another pop to 30 bucks or so.

 

[knoxville7]

It's so hard to tell exactly what will happen but I will be buying again if there's a pullback.

Even weed looks juicy again.. CGC looks ripe for another pop to 30 bucks or so.

I actually just sold off some things that have had a crazy run up. Didn’t sell off the whole position in any...just took some off in anticipation of the pullback(hopefully tonight’s futures and tomorrow show a drop) to toss that $$ back in at those positions

and I’ve got some pot stock action just waiting

 

[MDB111™]

I actually just sold off some things that have had a crazy run up. Didn’t sell off the whole position in any...just took some off in anticipation of the pullback(hopefully tonight’s futures and tomorrow show a drop) to toss that $$ back in at those positions

and I’ve got some pot stock action just waiting

Do you swing trade? I always go into most orders with the intention of being long but I do day/swing trade with several stocks.

 

[ijustposthere]

I actually just sold off some things that have had a crazy run up. Didn’t sell off the whole position in any...just took some off in anticipation of the pullback(hopefully tonight’s futures and tomorrow show a drop) to toss that $$ back in at those positions

and I’ve got some pot stock action just waiting

I got into the mj etf in case it explodes.

 

[MDB111™]

I got into the mj etf in case it explodes.

CRON???

 

[ijustposthere]

CRON???

That is one of their holdings.

 

[knoxville7]

Do you swing trade? I always go into most orders with the intention of being long but I do day/swing trade with several stocks.

typically, not too much. These last two weeks...a good bit more. Tomorrow will be an interesting day for me

 

[Omeletpants]

I have posted the DOW Jones charts since 1900 before

No matter the great depression WWII, crash of 1987, 2001, 2007. The market always roars back It's the since greatest investment in the history of this country

 

[knoxville7]

I got into the mj etf in case it explodes.

hope you got in ahead of today’s gains. 10% or so up today

 

[MDB111™]

That is one of their holdings.

So what is the ETF?

 

[ijustposthere]

So what is the ETF?

MJ is the symbol. Think that one had the biggest companies and not just based in one country. The weed ticker symbols are pretty damn funny.

 

[ijustposthere]

hope you got in ahead of today’s gains. 10% or so up today

I got everything when the dow went under 19k. Problem was lack of cash more than anything. I wasn't planning on opening this account for at least another six months. My cash was spread pretty thin over quite a few stocks because I really didn't have much to spare at the moment without leaving me unprepared for an emergency.

 

[knoxville7]

The Friday sell off is here!

 

[knoxville7]

'Nothing is out of the question': What it would take for the Fed to start buying stocks

The central bank could go where it's never gone before, into the equity market where it would take a passive interest in the performance of stocks.

www.cnbc.com

 

[knoxville7]

Gave in and took out a small position in BA today. Also, opened one in Honeywell. Added more BAC, JPM, and KO