I have a little of WFC, but I'm not quite ready to hold a full position. Want to go heavier on WFC and heavy on JPM when the time comes.
That buying opp last week was too good to pass up!Nice way to start the week.
Dow closes more than 400 points higher to start the week, led by banks and tech
Stocks rose sharply on Monday as Wall Street built on strong gains from the previous session.www.cnbc.com
I went into the Techs 65% of my assets when they went down 20%. They rebounded 10% so far. I got real lucky.
Sold half at $23, the rest at $24. Might regret it if it continues to jump, but I went in with the mindset of a quick trade, so I'll take my 25-30% and be happy.
It was real scary putting 65% in this market but when AMZN, MSFT, UNH, BDX, FB, ADBE, NVDA, CRM, AMD, GOOG, and AAPL are down 20% it’s time to buy. I started buying Sept 3 and continued until it hit 20% down. In March these stocks only went down 20%.
Of all the announcements made by Elon on Battery Day (9/22), the "acid-free lithium mining from Nevada clay" was the biggest question mark. It was only briefly mentioned during presentation, and Elon did not go into detail about the process. Since that announcement, I've heard many in the mining industry cast their doubts. One thing I've learned though is don't bet against Elon. It will be interesting how it plays out.
Dave why is it ok for some anonymous posters o the internet to know about the stock market but other anonymous posters get laughed at? Is there some type of street cred when it comes to anonymous message board posters on speaking about there stock market conquests? Seems like it’s been page upon page of look at how smart I am.
FSLY currently over $98. A breakout through that $95 resistance? Riding the coattails of the Datadog news with Microsoft(the two have been on pretty similar upward runs this year)?
Can't make it up!
Tele-everything right? Health, gambling, retail, car sales. All the on-line, phone oriented businesses were emerging anyway but accelerated in a big way by covid.
They been crying about my trading for years. When Trump came out with the trade tariffs last year unexpectedly, I mentioned I was allocating less to equity and they, Cali and T2 K, starting calling anyone a chicken for not staying entirely in the market, when most investors have been reducing their exposure to the market.
I wish I knew more about investing. I have just been maxing out my deferred compensation at work and I also did catch up for the last three years. Many of my coworkers worry about the ups and downs of the market. It seems it’s up and down everyday. Next year deferred compensation goes to 20G a year. I think it’s a great thing that allows so many people to have a nest egg plus a pension.
With your pension, you never need to worry about money. I probably trade more than I should but it give me something to do in retirement, been retired since 53, eleven years ago. I use to play poker a lot but it easier to make money in the stock market, you just have to be patience and wait for the opportunities. I’m too lazy to get a part time job. I’ll be getting my social security and pension next year.
Yes, you are lazy. LOL. We can retire now (mid-40s) but will likely work for another 15 or so years. We both enjoy what we do and have plenty of spare time. Pensions are cute, but the investment returns are subpar and you have less control of the money. The worst thing about pensions is that they limit your ability to move companies and maximize your earning potential. HBR did a study several years ago and determined that 3-4 moves are ideal for comp and advancement. The lifetime difference is stark between those that move vs those that don't.
If by crying you mean laughing....your so-called style is to claim you cashed-out after markets drop bigly...followed by claiming you get back in after those drops hit bottom. #Perfecto. LOL.
+1
It would be fine to just laugh at dave's market timing fantasies and not bother busting his chops, but he simply can't help himself to avoid making his pretend stock trading posts political.
GE is one I've traded a couple times but it's not for the faint of heart these days despite its brand name.
you should have brought AMZN at 2,960 now 3,216, FB 248 now 268, MSFT 200 now 213, ADBE 462 now 500, NVDA $476 now $543, and AAPL 106 now 116. Just a few of the trades. Most are still 10% from the high.
Interesting post/POV on GE. Thanks! Immelt was dealt a tough hand at the start of his tenure, but seriously, he never seemed to make the right big moves.
Just keep buying them via ETFs and funds. Plenty of room to grow in this new normal.
Dave, can you please post what specific trades you are making when you actually make them? Seriously, you come across as just an incredibly pathetic loser (who, by the way, literally no one believes when you retrospectively talk about your great moves). So either be more transparent, or loose the 12yo schdict and stop with these posts.
I made all those trades. Look back at Sept 4th post in this thread. They were crying when I brought the stocks.
Cheese why do you give a shit what Dave posts? He can come here and post whatever he wants bro it’s an anonymous message board. It’s an anonymous message board!!!!!!!! Dave could be very well be full of shit and lying. Just like all the other ballers here. WHO CARES!! Don’t get flustered about an anonymous message board where no one knows anyone lol. It’s a small part of your day and you cannot wait until the games and the commitments happen because that is why we pay $100 a year for. A guy wants to say that he does this that and the other thing hey you get one life and if bragging about what a BAUCE they are to total strangers that’s there life lol. As long as there is no unwarranted personal attacks it’s all good.
