Stock Portfolios V2

SWKS gapped up into all-time highs after beating on earnings last night.

Got in at 50.10, it's now at 52.10. So far so good, gonna stay in this one long term I think. Company has a habit of beating earnings.
 
I'm looking to start getting into stocks and shares at the end of the year. Are there any sites you guys would recommend in regards to buying, research, tips or tracking? I'm 23 and a student (poor) so not too expensive to be a member would be a plus.
 
Gambledub said:
I'm looking to start getting into stocks and shares at the end of the year. Are there any sites you guys would recommend in regards to buying, research, tips or tracking? I'm 23 and a student (poor) so not too expensive to be a member would be a plus.
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Stocks are really quite difficult and time consuming to learn. As a poor student, it will require some serious commitment.

There's two main schools of stock analysis. Technical and fundamental. For stocks, you'll probably want to learn both. And each one is an adventure all its own.

For the bare basics of a technical analysis approach, I'd recommend http://www.swing-trade-stocks.com/
That's where I started.

I wouldn't use his strategies(like his buy rules) necessarily. But his information is free and it's actually good quality for the beginner level.

Fundamental analysis is much more difficult, and to be honest, I'm not sure what the best beginner resource is for that one.
 
Phelly2 said:
Stocks are really quite difficult and time consuming to learn. As a poor student, it will require some serious commitment.

There's two main schools of stock analysis. Technical and fundamental. For stocks, you'll probably want to learn both. And each one is an adventure all its own.

For the bare basics of a technical analysis approach, I'd recommend http://www.swing-trade-stocks.com/
That's where I started.

I wouldn't use his strategies(like his buy rules) necessarily. But his information is free and it's actually good quality for the beginner level.

Fundamental analysis is much more difficult, and to be honest, I'm not sure what the best beginner resource is for that one.
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Thanks! Well atm I have more time than money! Commitments not to big of a deal, once I have my mind set on something I research hard and can become stubborn towards doing it. I'm also not looking to make it my job or anything just a little bit of side cash and something fun. Thanks for the advice and link. Do you think it's a good idea to invest in stuff you already have a decent understanding of business wise, or go with something else because it looks good?
 
Gambledub said:
Thanks! Well atm I have more time than money! Commitments not to big of a deal, once I have my mind set on something I research hard and can become stubborn towards doing it. I'm also not looking to make it my job or anything just a little bit of side cash and something fun. Thanks for the advice and link. Do you think it's a good idea to invest in stuff you already have a decent understanding of business wise, or go with something else because it looks good?
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A good site is seekingalpha.com , they post earnings transcripts and some analyst reports as well (though take it with a grain of salt, anyone can post analysis). If you just want to make money with relatively little risk, just invest in S&P500 index funds. If you're willing to take more risk and want to invest as much as a hobby as anything else, then I'd suggest learning a lot about one or two sectors and then investing in what you think are the best companies in those sectors. Investing in individual firms drastically increases your risk since not only will you have market risk (unavoidable), but you'll also have firm specific risk (largely diversifiable). But it is more interesting for sure.

Regarding technical analysis, after working in banking and insurance and getting my MBA in finance from a pretty good school, I'm quite convinced it's largely bunk. Very few professional investors make stock trades based on technical analysis, they have industry experts who study specific industries and companies much more deeply than amateurs can and make their decisions based on deep fundamental analysis. Even high speed trading is based more on arbitrage than any sort of quantitative technical analysis. If you were wanting to do technical trading, derivatives are probably the best place to do so, but you better be really, really good at math, have some fast computers, and have deep pockets to sustain big swings. A better idea IMO is what I said earlier, pick an industry you think is promising, learn a lot about it, learn a lot about the major players, and then invest in the ones you think are most well run with the best product portfolios/pipelines. That is, if you don't want to just make some fairly safe returns in the broader market via index funds.
 
Uchi Mata said:
A good site is seekingalpha.com , they post earnings transcripts and some analyst reports as well (though take it with a grain of salt, anyone can post analysis). If you just want to make money with relatively little risk, just invest in S&P500 index funds. If you're willing to take more risk and want to invest as much as a hobby as anything else, then I'd suggest learning a lot about one or two sectors and then investing in what you think are the best companies in those sectors. Investing in individual firms drastically increases your risk since not only will you have market risk (unavoidable), but you'll also have firm specific risk (largely diversifiable). But it is more interesting for sure.

Regarding technical analysis, after working in banking and insurance and getting my MBA in finance from a pretty good school, I'm quite convinced it's largely bunk. Very few professional investors make stock trades based on technical analysis, they have industry experts who study specific industries and companies much more deeply than amateurs can and make their decisions based on deep fundamental analysis. Even high speed trading is based more on arbitrage than any sort of quantitative technical analysis. If you were wanting to do technical trading, derivatives are probably the best place to do so, but you better be really, really good at math, have some fast computers, and have deep pockets to sustain big swings. A better idea IMO is what I said earlier, pick an industry you think is promising, learn a lot about it, learn a lot about the major players, and then invest in the ones you think are most well run with the best product portfolios/pipelines. That is, if you don't want to just make some fairly safe returns in the broader market via index funds.
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This is some really good direction in regards to what to look in to, and sort of what I thought might be the case, just a far more knowledgeable description. Thanks for the advice!

When I got the notification about a quote from Uchi I expected f12 lol.
 
There's 1 key facet that comes before technicals and fundamentals and that would be money management. Its key to long term success and keeping your head on straight. You might find luck with some picks and get a little too comfortable for your own good, but it only takes 1 bad year to ruin a decade long portfolio if you don't know how to manage money. And chances are, if you are lacking money now, you either will not be attracted to piss poor returns of stocks, or lack the ability to even succeed. You need money to make money.
 
uncommon said:
There's 1 key facet that comes before technicals and fundamentals and that would be money management. Its key to long term success and keeping your head on straight. You might find luck with some picks and get a little too comfortable for your own good, but it only takes 1 bad year to ruin a decade long portfolio if you don't know how to manage money. And chances are, if you are lacking money now, you either will not be attracted to piss poor returns of stocks, or lack the ability to even succeed. You need money to make money.
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I second everything uncommon said.

It's often easy to forget, but yes, having a money management strategy is what's going to make or break you in the stock market. Perhaps even more than your analysis skills.

Another aspect of trading that's touched on but never emphasized enough is how your emotions will mess with you and will tempt you to break your money management rules. Money management and the discipline to stick to it is probably at least 50% of what makes a good trader.
 
I bought some more USG today. It's now my 6th largest position, although still less than 1 percent of my overall port, as my top 5 holdings make up around 97%.
 
SammyPops said:
pun intended?

Its not that I think they are similar, but rather I only had the cash to add one to my portfolio. I try to hold companies for a market cycle, 5ish years, and I will check in to see.
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Haha, no. ANyways, aerospace is in a super cycle. I don't see it ending for a good while, so buy in and enjoy the ride.
 
Gambledub said:
This is some really good direction in regards to what to look in to, and sort of what I thought might be the case, just a far more knowledgeable description. Thanks for the advice!

When I got the notification about a quote from Uchi I expected f12 lol.
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I have a life outside F12 :)
 
GE's finance that is being spun off, looks like as stockholder, you will have to trade shares in order to receive the spin off. Boo on that
 
Pulling out of (KORS) at $85.00 if it makes it. Too much Negative Analyst Chatter over this weekend. Earnings August 5th!

(UCTT) on it's way up. 2.42% SO FAR! Earnings after the bell today 7/21! Positive upside, take a look!
 
ElKarlo said:
GE's finance that is being spun off, looks like as stockholder, you will have to trade shares in order to receive the spin off. Boo on that
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Where have you seen that? I haven't seen any of info on that yet.
 
ElKarlo said:
Been all over SA. On there it seems semi confirmed. Sorry on my cell
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Still speculation I think. I haven't seen anything definitive on SA or elsewhere.

I hope they just give me some shares and I can sell them.
 
Oh and bad news for mcds in China and Japan. Looks like a bumpy road for it
 
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