Stock Portfolios V2

I got into the market a few weeks ago and shorted US tech, the aussie dollar, Hang Seng index and the Thai index.

All doing good so far
 
bad seed said:
are you a wizard
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I wish. I'm just a pessimist and the signals were all there for this year to be down

Usually if the market is down in Jan, then the rest of the year will be down and also the market down period is usually in Oct. That's when crashes usually happen....

US tech seems to be the bubble at the moment. Not as bad as 2001 though.
Australia looks like it's going into recession and the Euro is a mess
 
Tip. Dont take the internet seriously. There are going to be people who show up during volitility showing how they were right for 1 week. But what they leave out is how they underperformed the market the other 99.99% of their participation.
 
I read recently about CAT and JNJ, both are doing buy backs. Apparently both companies share count is actually increasing. I can't stand how management screws everyone over, which is why I always vote down management pay.

Would like to see an article on DGI stocks that are actually lowering their share count. I know many are, but some even with buy backs aren't at all.
 
Dowdy said:
US tech seems to be the bubble at the moment. Not as bad as 2001 though.
Australia looks like it's going into recession and the Euro is a mess
Click to expand...

How can US tech be in a bubble when it hasn't even taken out an all time high from 15 years ago?
On one hand I can get on board that the valuations of some tech companies seem absurd but I have to bet on it is my own flawed valuation of these companies. This is nothing like the dot com bubble when most companies had no earnings.
BABA IPO craze and it is sitting at a P/E of 40.

I have to go with Buffet here and say things are pretty fair valuation wise for equities.
 
uncommon said:
Tip. Dont take the internet seriously. There are going to be people who show up during volitility showing how they were right for 1 week. But what they leave out is how they underperformed the market the other 99.99% of their participation.
Click to expand...

True but I haven't participated in the market in a few years now

How can US tech be in a bubble when it hasn't even taken out an all time high from 15 years ago?
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Companies like Tesla are overvalued, as much as I love their cars.....
Twitter and LinkedIn
 
Well Tesla, Twitter and Linkedin are more like speculative tech. I wouldn't lump them in with the rest of tech imho. And yes Tesla is incredibly overvalued. I won't touch them until them can show that they can make sustained profits. Until then, it is all hype to me.
 
Wish I would have waited to buy IBM today :/

Down almost 8% after missing earnings.
 
MASShole said:
Wish I would have waited to buy IBM today :/

Down almost 8% after missing earnings.
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Wish I got out of IBM when it was 192. I dunno I don't see IBM being a great buy but more of a value trap. Esp with no foreseeable earnings growth
 
For people using Yahoo Finance, it seems the Split and Dividend feature is back. It's auto displayed at the bottom of the chart, alongside with the Volume bar.
 
Picked up a good chunk of Coca Cola (KO) today

I bought large amounts of Halliburton and BP last Thursday
 
5crew said:
For people using Yahoo Finance, it seems the Split and Dividend feature is back. It's auto displayed at the bottom of the chart, alongside with the Volume bar.
Click to expand...

About time. Yahoo was going to hang themselves as a good site, it looked like.
 
Nothing is making sense. Pre market was trending negative and now we have a 200+ day.
 
Well KO missed earnings pretty badly, as did MCD. In the last two days I've had two large holdings shit the bed. Long haul baby, pay me a div when down!
 
I'm relieved that the QQQ (Nasdaq) did not meaningfully penetrate the 50 week moving average. It has only done that one time since the 2011 bear market. It found support there and launched a nice reversal, which is bullish.

October is known for being a bear market killer, and November is known for being mostly bullish, especially when there are midterm elections; so I'm feeling good about the market. I feel like we got our major correction out of the way so we can benefit from that Midterm election month followed by the Santa rally (January effect).

According to Stock Trader's almanac:
- Day before and after Thanksgiving Dow has been up 15 out of the last 20
- Midterm election year Novembers rank #2 in the Dow, S&P, and NASDAQ
- 2.7% is the average gain during the eight trading days surrounding midterm election days since 1934

I bought CURE which is a highly leveraged healthcare sector ETF, as it seems to be outperforming the major indices. High risk for high reward, but I'm bullish on the market and healthcare is the top sector right now.

Also looking for ILMN, (healthcare technology)who beat earnings today, to power through resistance at 182.37(that's where I plan to buy), only a couple of points off of 52 week highs. From there I expect it to stage another big run based on outstanding earnings growth, and because they are the leader in their field, which I don't pretend to understand.

MNST almost hit my stop but it's rocking all time highs now due to the major deal with Coke.
 
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What would you recommend for somebody just starting out in the field?

I need probably 2 really great books to lay the foundation, would love to hear some opinions on that.

Would love to hear some general tips, and what to look out for, I suppose I should be constantly checking the stock movements as well.

As you can tell, I have no clue at all, so I would be very grateful for some advice. How did you get started ?
 
Lost $140 day trading IBIO yesterday. Muhaha, 2nd time I lost money on speculative stock. Well at least this time I'm willing to pull the trigger early, finalise the loss trade within 1hr of purchase.

MEH~

I was trying to earn some pocket money for the Halloween weekend, turns out it's a double sinkhole for the week. Damn my gambler instincts.
 
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