Economy stonks only go up v6.1

[boingyman]

I had about 50k to invest...could do more but i like solid emergency fund.

I dropped a little over 1/3 when dow dropped below 20k. A couple grand of that was some individual stocks, the rest etfs. I'm planning on letting the market dictate the rest....if dow drops somewhere in the 16-17k range id drop another 1/3 in etfs....then save the final 1/3 for if it really tanks to the 12-15k levels.

Im also going to keep an eye on multi family real estate prices. If the dow rebounds before i can get more money in then maybe i can find a steal in RE. Then again the governments policy is basically bail out everyone and everything so maybe the housing market won't tank.

I think that's a reasonable away to approach it, especially if you plan to hold for a long time. I don't know much about multi-family real estate even though I hear good things in general. Luckily my rental home has good tenants with stable jobs.

 

[kahiljabroni]

I think that's a reasonable away to approach it, especially if you plan to hold for a long time. I don't know much about multi-family real estate even though I hear good things in general. Luckily my rental home has good tenants with stable jobs.

Yeah whatever i buy at the rona discount i plan on keeping for a while....1-5 years depending on what the market does then probably cash it out and throw it on either a rental or upgrading our primary.

When a bull market emerges, whether that's 6 months or several years from now, i plan on deploying another 20-50k to utilize the canslim growth stock method.

Honestly the market was so oversold to begin with i can't see this bottoming out soon. If we found a cure tomorrow, the economy fired right back up, and the dow was back to 29k in a years time wed be right back to the insane p/e, oversold market and need another correction

 

[rob mafia]

Yeah whatever i buy at the rona discount i plan on keeping for a while....1-5 years depending on what the market does then probably cash it out and throw it on either a rental or upgrading our primary.

When a bull market emerges, whether that's 6 months or several years from now, i plan on deploying another 20-50k to utilize the canslim growth stock method.

Honestly the market was so oversold to begin with i can't see this bottoming out soon. If we found a cure tomorrow, the economy fired right back up, and the dow was back to 29k in a years time wed be right back to the insane p/e, oversold market and need another correction

that's not what oversold means. that's overbought.

 

[kahiljabroni]

that's not what oversold means. that's overbought.

Roger that...again in alot of ways im a rank amateur. Just my opinions

 

[kahiljabroni]

Exactly..look at 10yr tqqq chart

So if you're capable of leaving your money in indefinitely, why wouldn't you use the triple leveraged version? Am i missing something?

 

[Parmenides]

So if you're capable of leaving your money in indefinitely, why wouldn't you use the triple leveraged version? Am i missing something?

See discussion above..

I dont see anything wrong with it because it gives you more purchasing power but you have to get in when it gets crushed to avoid the bad edge of the leverage sword

 

[kahiljabroni]

See discussion above..

I dont see anything wrong with it because it gives you more purchasing power but you have to get in when it gets crushed to avoid the bad edge of the leverage sword

Well let's say you hop in at 16k dow. Even if the market goes to 10k, most would agree that at some point in the next decade it will be back to 30k? So at that point, the dow doubled essentially, so if you were triple leveraged you're money would be quadrupled?

 

[brackis1]

LOL everything gold EXCEPT the gold miner I owned went up nice today while mine was flat. SMH

 

[brackis1]

So if you're capable of leaving your money in indefinitely, why wouldn't you use the triple leveraged version? Am i missing something?

Because leveraged ETFs don't pay evenly. Their cut is large and is mathematically disadvantaged over time.
Which is why i'm so mad I rode the wave down on VXX and missed most of the historic 4x upside.

https://www.fool.com/investing/general/2013/03/04/contango-1-key-reason-not-to-buy-these-etfs.aspx

 

[kahiljabroni]

Interesting how so many individual stocks are taking off. Uber, lyft,roku,zillow,etc...probably half the stocks on my watch list of 50 have gone up 20-40%.

 

[asdffdsa]

LOL everything gold EXCEPT the gold miner I owned went up nice today while mine was flat. SMH

Which one do you own?

I have several. Only things that did good today. Most are sitting around 2 pe ratio. My largest holding in gold is Royal Nickel Corp which is still down big after a really good day. Great potential at this gold price. I bought some more Caledonia Mining today before it went up. Zimbabwe risk be damned.

The junior sector has been hammerfucked for years since they got rid of the uptick rule. They are like a leveraged ETF minus the upside. Ive been adding some Klondike Gold Corp lately.

 

[MMAisGod]

If I see something that closed that has a price I want to buy, how do I get it? For example, if SPY closed yesterday at $222, how did it open today at $234??? I would have likely bought some at $225, but don't even get the chance, then it opens higher than I'm interested in. How does that happen? I feel like someone asked this before but not sure what the answer was.

 

[86'd]

If I see something that closed that has a price I want to buy, how do I get it? For example, if SPY closed yesterday at $222, how did it open today at $234??? I would have likely bought some at $225, but don't even get the chance, then it opens higher than I'm interested in. How does that happen? I feel like someone asked this before but not sure what the answer was.

You could put in the order after hours and see if it goes through early when the market opens. Or you miss out on it all together.

Again, the only trading you can do "after hours" is the futures market.

Best advice I could give you, if you have a set price that you're happy with (like 225) when you see it in that range buy it, as you're gambling it's worth more than that.

You have to pay attention to the news as well and gauge what could cause spikes or downfalls.

Unfortunately we are not in pentagon briefings where we know what next week's news is going be now. So we have to be a little more diligent, aware, and act quickly before ships set to sail.

 

[MMAisGod]

You could put in the order after hours and see if it goes through early when the market opens. Or you miss out on it all together.

Again, the only trading you can do "after hours" is the futures market.

Best advice I could give you, if you have a set price that you're happy with (like 225) when you see it in that range buy it, as you're gambling it's worth more than that.

You have to pay attention to the news as well and gauge what could cause spikes or downfalls.

Unfortunately we are not in pentagon briefings where we know what next week's news is going be now. So we have to be a little more diligent, aware, and act quickly before ships set to sail.

Ah I see. That helps a lot, thanks!

 

[86'd]

So basically everything is on the rise this morning in hopes of that aid bill getting passed.

Other reasons for the rise is the Fed is going to be doing QE Infinity to prop the markets up.

I wonder if my prediction of a Thursday fall do to unemployment numbers being released will happen or if the markets will stay rising since the Fed actually doesn't need any employees or employers to be working to prop these markets up. They have a printing press after all.

https://www.thestreet.com/video/why-stocks-higher-tuesday

"The Federal Reserve kitchen sinking has gone some way to calm markets,” wrote Jasper Lawler, head of research at London Capital Group in emailed remarks to reporters. "For us there were three standout measures were Number 1: Open ended QE, which means the Fed will just keep buying as they see fit with no restraint. Number 2: Lending directly to businesses completely bypassing high street banks in the process. Number 3: Corporate bond buying where the Fed can even buy corporate bond ETFs in the stock market.”

This is beautiful. The Fed is going to own the entire monopoly board. All the properties and all the currency. Meanwhile the players that have no currency to play anymore, the Fed will lend them some to just keep playing.

 

[kahiljabroni]

So basically everything is on the rise this morning in hopes of that aid bill getting passed.

Other reasons for the rise is the Fed is going to be doing QE Infinity to prop the markets up.

I wonder if my prediction of a Thursday fall do to unemployment numbers being released will happen or if the markets will stay rising since the Fed actually doesn't need any employees or employers to be working to prop these markets up. They have a printing press after all.

https://www.thestreet.com/video/why-stocks-higher-tuesday

"The Federal Reserve kitchen sinking has gone some way to calm markets,” wrote Jasper Lawler, head of research at London Capital Group in emailed remarks to reporters. "For us there were three standout measures were Number 1: Open ended QE, which means the Fed will just keep buying as they see fit with no restraint. Number 2: Lending directly to businesses completely bypassing high street banks in the process. Number 3: Corporate bond buying where the Fed can even buy corporate bond ETFs in the stock market.”

This is beautiful. The Fed is going to own the entire monopoly board. All the properties and all the currency. Meanwhile the players that have no currency to play anymore, the Fed will lend them some to just keep playing.

I think the market is also responding to trump talking about starting up the economy in weeks instead of months...cuomo was hinting at similar ideas.

I'm not saying weve reached the bottom...but i don't think well see roku down in the 70s.....uber at 15....disney in low 80s....etc, etc. I feel like i missed the boat on alot of stocks and won't be getting another shot at that price. I did buy a bunch....zillow at 22 for example but nowhere near the amount i should have..

 

[brackis1]

Feeling like rainman for once with my buys and open-of-market shorts.
Gonna Reshort if this hits 20,250 today.

 

[86'd]

Feeling like rainman for once with my buys and open-of-market shorts.
Gonna Reshort if this hits 20,250 today.

Expecting a drop in the near future?

 

[brackis1]

CNBC must have so much money in TSLA. They keep bringing up Musk bringing ventilators from China. Like....this fucker was calling the virus panic a HOAX within the last week and they said nothing. Now 3 mentions of it in the last 2.5 hours. Meanwhile shitloads of companies have been doing this stuff for weeks fighting.

 

[brackis1]

Expecting a drop in the near future?

these spikes are all trader driven. Huge up days require a firm hand to short and a huge down day calls for buying.