Or so I thought. Pretty wild rebound yesterday(spurred on by the Fed) and a strong implied opening this morning.Covid news will drag the market down for awhile.
Still proceeding cautiously, with a select few stocks I'm looking to pick up.
Or so I thought. Pretty wild rebound yesterday(spurred on by the Fed) and a strong implied opening this morning.Covid news will drag the market down for awhile.
Throw in all of the Fed infusion, I see the market bouncing back .
The only thing I see affecting the market is a second wave and businesses closing down again. I am going to be buying tomorrow.
Dow rallies 800 points after record retail sales jump, positive news on potential virus treatment
https://www.cnbc.com/2020/06/15/stock-market-futures-open-to-close-news.html
Any good news and the market goes boom. Why? Where else are you going to put your money for long-term returns?
Too funny
How did I miss this last week? :)
Great post!
Even AK is a bull now!Too funny
How did I miss this last week? :)
Great post!
The market will be volatile, but trending up since there is nowhere else to put money except under your mattress. Also, you want to be all in when the first successful vaccine is announced.....KABOOM!I told you all along that I am in the market. You just loved too much to keep trotting out the Chicken Little meme.
I just checked my Etrade account which is one of my new hobbies. I am up 27% since March. You almost can't lose right now. But I still think the key is going to be to get out and convert to cash/real estate or any other tangible asset before the music stops.
And there he is! #BluehorseshoeDave buying on the dip AGAIN. Can't wait to hear about him selling at the top AGAIN---after the market closes!!!!!!Fed talking about buying $750 billion Corporate bonds doesn’t hurt and also talk of $1 trillion in infrastructure spending. The bailout will be closer to $5-6 trillion for 2020. Wasting way to much federal money trying to prop up the economy.
I glad I brought in the dip AMZN, FB, PYPL, HD, AVGO, CRM,BDX, AMX, AMD but sold some today. It’s good for trader. It might get dangerous closer to earning period either before or after earnings.
OMGI told you all along that I am in the market. You just loved too much to keep trotting out the Chicken Little meme.
I just checked my Etrade account which is one of my new hobbies. I am up 27% since March. You almost can't lose right now. But I still think the key is going to be to get out and convert to cash/real estate or any other tangible asset before the music stops.
S&P500 is up more than 42% from the 3/23 low.I told you all along that I am in the market. You just loved too much to keep trotting out the Chicken Little meme.
I just checked my Etrade account which is one of my new hobbies. I am up 27% since March. You almost can't lose right now. But I still think the key is going to be to get out and convert to cash/real estate or any other tangible asset before the music stops.
I recently inherited some stocks and they hit their 52 week high within the last couple of weeks. Since the brokerage account was a taxable account, the stocks were brought and never traded. FB original cost $49 closed today $236, PYPL original $63 split from eBay closed today $161, AMD $35 cost $54 closed today. The brokerage account tripled over the last 7 years.
I recently inherited some stocks and they hit their 52 week high within the last couple of weeks. Since the brokerage account was a taxable account, the stocks were brought and never traded. FB original cost $49 closed today $236, PYPL original $63 split from eBay closed today $161, AMD $35 cost $54 closed today. The brokerage account tripled over the last 7 years.
Luckily, the cost basis stepped up so that the taxable capital gain was almost nil. That‘s one reason I like to trade FB, AMD and PYPL. I trade my stocks in the IRA account.
It’s comical at this point
You can tell that he's just saying this stuff for fun now, nothing to do with reality.It’s comical at this point
He typo'd bought with brought in his initial post and is really shakin' and bakin' here lol.You can tell that he's just saying this stuff for fun now, nothing to do with reality.
I recently inherited some stocks and they hit their 52 week high within the last couple of weeks. Since the brokerage account was a taxable account, the stocks were brought and never traded. FB original cost $49 closed today $236, PYPL original $63 split from eBay closed today $161, AMD $35 cost $54 closed today. The brokerage account tripled over the last 7 years.
Luckily, the cost basis stepped up so that the taxable capital gain was almost nil. That‘s one reason I like to trade FB, AMD and PYPL. I trade my stocks in the IRA account.
Oops!He typo'd bought with brought in his initial post and is really shakin' and bakin' here lol.
Day trading. It’s what every generational wealth family does lol.Consult a Tax/Estate Attorney on the most productive way to benefit yourself and your heirs.
Just to get back to this idea.Wish you all the luck 05! But you do realize that the market cap of a company is the share price multiplied by the number of shares, correct? What you wrote makes it seem like you think TSLA is worth 972/60 more than NKLA. TSLA's market cap is $180.5 billion. NKLA's market cap is $21.8 billion. TSLA is worth 8.3x more than NKLA,not 16.2x. If TSLA splits 2:1, its shares drop by 50% but the value of the company doesn't change.
So if a warrant is being sold at $30, and the strike price is $70. Do I need to spend that $30 in order to get the chance to buy at $70, in which case my total cost would be $100?You can purchase a Warrant, they trade up and down based on 4 issues;
Why would you buy a warrant ? You can control a share of the common stock for less than buying the common stock. (almost always 'common' stock).
1. Price of the common stock.
2. Price that the warrant can be executed, changed to common stock.
3. Date the warrant expires.
4. Number of warrants in the float. (if there are millions outstanding and they get executed it dilutes the value of the existing common stock.)
There are more reasons, but these 4 are the biggies. They are usually around from a previous IPO or Bridge Loan financing, and most likely for small cap stocks.
What, wealthy people don't spend all day at their computer desk?Day trading. It’s what every generational wealth family does lol.
I only spend about half a hour or an hour on stocks a day in my retirement. You and Cali spend more time on these boards a day. I seldom day trade which means buying and selling the stock in the same day. I might hold for a week or a couple of months to get the 5-10% return. I only invest 20-30% of my assets in equities considering I’m now 64 and retired for 11 years already. I think I will apply for my social security next year and my pension will start next year at 65.What, wealthy people don't spend all day at their computer desk?
This is something I thought about above in terms of where people are, and will be, putting their money.Anyone need to buy a house?
Homebuyer mortgage demand spikes to 11-year high, as rates hit another record low
https://www.cnbc.com/2020/06/17/hom...-to-11-year-high-as-rates-hit-record-low.html
I only spend about half a hour or an hour on stocks a day in my retirement. You and Cali spend more time on these boards a day. I seldom day trade which means buying and selling the stock in the same day. I might hold for a week or a couple of months to get the 5-10% return. I only invest 20-30% of my assets in equities considering I’m now 64 and retired for 11 years already. I think I will apply for my social security next year and my pension will start next year at 65.
What do you mean? I inherited a couple hundred thousands and will get more in a few years. I don’t have to touch any of my assets when my pension and social security starts next year. Yes, all those assets go to the next generation.So what you are saying is you do not have generational wealth?
My bad, I was trying to throw some snark at Cali, but I guess some with generational wealth do day trade.What do you mean? I inherited a couple hundred thousands and will get more in a few years. I don’t have to touch any of my assets when my pension and social security starts next year. Yes, all those assets go to the next generation.
That’s what you always talk about. Be successful in life and be able to provide for the next generation.
Well step up and get that started. Save and provide some generational wealth to your kids.My bad, I was trying to throw some snark at Cali, but I guess some with generational wealth do day trade.
I, unfortunately, do not have much by way of generational wealth. :cry:
Maybe next time around.
What kids?Well step up and get that started. Save and provide some generational wealth to your kids.
My mom does love telling me that every time she goes on vacation.I kind of like the bumper sticker that reads 'I'm spending my kids' inheritance".