 |
 |
Stock picks
| March 12th, 2021 at 11:54:30 AM permalink | |
| JimRockford Member since: Sep 18, 2015 Threads: 2 Posts: 971 |
As I write this the Dow is up 0.76% and NASDAQ is down 0.81%. I can't remember when I have seen the two indexes so at odds with each other. The mind hungers for that on which it feeds. |
| March 12th, 2021 at 1:46:16 PM permalink | |
| SOOPOO Member since: Feb 19, 2014 Threads: 22 Posts: 4175 |
I’m cheering with you. The Biden multi trillion dollar largesse giveaway is good for the stock market. So will the inevitable opening up of everything which is happening in Texas, Florida, and very soon the rest of the country. I will of course take advantage of the bill, but that doesn’t mean I support it. To me, adding trillions and trillions to the national debt when not needed at all is just bad policy. With the vaccine now soon to be readily available to all, the majority of the 2 trillion giveaway is not needed. It would be nice if Biden would answer a question about it.... oh yeah, I forgot, they won’t let him speak extemporaneously. |
| July 7th, 2021 at 12:29:25 PM permalink | |
| terapined Member since: Aug 6, 2014 Threads: 73 Posts: 11791 | I dumped my house money into the stock market almost a year ago Mostly mutual funds but about 50k on stocks for me to play with personally I've done really really well despite having hardly no income (more then 1/2 of SSA pays for cobra health) I'm spending quite a bit as I am in the middle of my dream vacation retirement trip. Despite spending a ton more then whats coming in I'm richer today on paper then I have ever been in my life, IRA plus house money transferred to mutual funds and stocks. Picked a lot of winners and a few losers with that 50K but the rest, mutual funds and IRA doing really well Amazon was losing money for me a long time I am finally in the plus area Only own 1 measly share (may own more via mutual fund or IRA unknown to me) Bought at 3355.31 Now at 3699.00 woohoo 25 stocks up, some substantially Only one loser, VZ WTF is up with Verizon Watching CNBC. An analyst just predicted Amazon stock will rocket up. woohoo Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World" |
| July 7th, 2021 at 1:44:46 PM permalink | |
| JimRockford Member since: Sep 18, 2015 Threads: 2 Posts: 971 |
I know I'm not telling you anything that you don't already know but it's good to remember. Stocks generally go up, but sometimes the ride is rough. Stocks have before and will again have losing streaks lasting months if not years. Can you handle it? The mind hungers for that on which it feeds. |
| July 7th, 2021 at 2:08:27 PM permalink | |
| terapined Member since: Aug 6, 2014 Threads: 73 Posts: 11791 |
We shall see but I'm a long term investor I could always go back to work Already got 2 emails about it If I lost 1/2 my value on paper, would consider it Other then that type of disaster I'll survive comfortably I'm actually surprised how much my investments are outperforming my spending The more this happens, the more I can withstand a long downturn. Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World" |
| July 8th, 2021 at 4:34:42 AM permalink | |
| Tanko Member since: Aug 15, 2019 Threads: 0 Posts: 1985 | Futures are down across the board this morning, after the IMF warned yesterday that U.S. inflation could derail the global economy. BTC is down 6.7% "Surging inflation, particularly in the United States, has emerged as a new threat to the global economy as it faces a "worsening two-track recovery" from the coronavirus pandemic, the International Monetary Fund warned on Wednesday." -Article "There is a risk of a more sustained rise in inflation or inflation expectations, which could potentially require an earlier-than-expected tightening of U.S. monetary policy," Kristalina Georgieva, the managing director of the Washington-based IMF, wrote in a blog post." This bull market is driven by debt. Investors are concerned the Fed could curtail their monthly $120 billion debt purchases in response to the IMF warning. Not likely any time soon, since in the Fed says is has not seen substantial progress in the economy. |
| July 8th, 2021 at 6:05:07 AM permalink | |
| AZDuffman Member since: Oct 24, 2012 Threads: 135 Posts: 18210 |
Not "could" but "will." But in stocks it can be better to live for the week. XXII seems to be steady falling, perhaps things are not going as great as thought. I will probably let my calls take it away and move to other things. SNDL remains a toy to play with. Might be popping back to $1.50-2? I have a nice little position to play income games with. Short BOX the next few weeks, history says it will go down a couple points in July. The President is a fink. |
| July 9th, 2021 at 1:02:07 PM permalink | |
| terapined Member since: Aug 6, 2014 Threads: 73 Posts: 11791 |
Yawn What a day Just about every single stock I own went up today Great to finish out the week with a rally ALL TIME HIGHS for the major indexes Life is good Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World" |
| July 10th, 2021 at 6:09:18 AM permalink | |
| terapined Member since: Aug 6, 2014 Threads: 73 Posts: 11791 | Sat morning All my latest numbers are in from my IRA and investments. IRA takes a day to compile the numbers from the previous days market Today on paper I am more wealthy then I have ever been in my life Woohoo Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World" |
| July 10th, 2021 at 10:19:10 AM permalink | |
| missedhervee Member since: Apr 23, 2021 Threads: 96 Posts: 3100 | Yes, effortless wealth is nice. Maybe liberals making a killing in the market now should have pangs of conscience and give a good chunk of their newly coined efforless wealth to the hometess. |