Anyone here own TM stock? Bought me 200 shares at $104 a few days back. Hows she looking long term? I like reputable companies with low PE ratios and near their 52 week low.
OT - Stock Market is crashing
- Thread starter Babybull244
- Start date
Don't really trade in the autos much so can't speak to the fundamentals of TM but auto sales have been doing very well as of late (always wonder how much of that is due to the newer financing options these days). Anyways just a quick look at a chart looks like it was towards oversold where you bought it and it got rejected by the 50 DMA about a month ago and that's around 112-114 area now so it could make a run for that again if the overall market cooperates beyond that though I don't know. It's at 109 now so it could have a little more room to run before it hits any resistance again though provided the market doesn't get volatile again. My 2 cents take it with big grains of salt.
As to my BUD trade I mentioned a few days ago, I'll likely get out of it today. Think there's some resistance here but I'm still wary about the market despite the recent strength and the nice jobs report this morning. I think it still might have room to run but I'll take my profit and move on.
You'll notice from some of my posts, one place I look for possible opportunities is around earnings of what I consider good companies where I think there may have been some short term overreactions to earnings. Always possibilities for a quick trade and it's always a company I'm willing to average down in at other support levels. Most of the time it's after earnings but on rare occasions before earnings like for a company like FB this past qtr where I thought it was near a support and there was a decent chance for a good report with a company like that. Most of the time I'm too chicken though to step in front of earnings. TGT was another one I was hoping might give me a chance to step in after but they had a nice report including 34% growth in online (26% Amazon, 8% WMT) so they've had a nice run since. Like I said htough too chicken to step in front. KR is one that I'm currently looking at after yesterday's earnings but haven't stepped in yet. They got a downgrade this morning too so I'm waiting to see if it might give me a better opportunity. Again my 2 cents, take it all with a grain of salt.
Last edited:
So this should be fun...
Derivative (finance)
In finance, a derivative is a contract that derives its value from the performance of an underlying entity. This underlying entity can be an asset, index, or interest rate, and often called the "underlying".[1][2] Derivatives can be used for a number of purposes, including insuring against price movements (hedging), increasing exposure to price movements for speculation or getting access to otherwise hard-to-trade assets or markets.[3] Some of the more common derivatives include forwards, futures, options, swaps, and variations of these such as synthetic collateralized debt obligations and credit default swaps. Most derivatives are traded over-the-counter (off-exchange) or on an exchange such as the Bombay Stock Exchange, while most insurance contracts have developed into a separate industry. Derivatives are one of the three main categories of financial instruments, the other two being stocks (i.e., equities or shares) and debt (i.e., bonds and mortgages).
Bix Weir-Mass Awakening Followed By Chaos
Derivative (finance)
In finance, a derivative is a contract that derives its value from the performance of an underlying entity. This underlying entity can be an asset, index, or interest rate, and often called the "underlying".[1][2] Derivatives can be used for a number of purposes, including insuring against price movements (hedging), increasing exposure to price movements for speculation or getting access to otherwise hard-to-trade assets or markets.[3] Some of the more common derivatives include forwards, futures, options, swaps, and variations of these such as synthetic collateralized debt obligations and credit default swaps. Most derivatives are traded over-the-counter (off-exchange) or on an exchange such as the Bombay Stock Exchange, while most insurance contracts have developed into a separate industry. Derivatives are one of the three main categories of financial instruments, the other two being stocks (i.e., equities or shares) and debt (i.e., bonds and mortgages).
Bix Weir-Mass Awakening Followed By Chaos
When @Frida's Boss chimes in on this thread, somebody send me an email.
i'm ready to buy it again.
I'll be adding to what I have remaining but will wait just a tad in case this drops further
Last edited:
I am going all in with Rutgers football stock. Buy at Flood price. Sell at Ash price. Or just hold...
So how's that Stock Market Crash coming along? The S&P was at 1875 on the day the OP posted this on Jan 15. Roughly 6 months later, the S&P500 is 11% higher.
Go forex! Lot's of a great volatility there recently. Amazing moving in bitcoins! Off of a nice bottoming formation to a bull flag breakout!
MDK Hey young lady. You are out of line. It is a joke . Strap that sarcasm meter onto your vaginal region and relax. Maybe not a great jole but a joke nonetheless. But I do like your graphics. Nice job with that .
Warren Buffet said he would advise Lebron James or any young investors to just go to low fee NYSE index funds
http://www.marketwatch.com/story/wa...ron-james-stick-with-an-index-fund-2015-03-02
http://www.marketwatch.com/story/wa...ron-james-stick-with-an-index-fund-2015-03-02
Well I said with regards to this and oil, the fact that it was popping up on a message board here could be signalling a short term bottom and at the very least it definitely was that for both. Still haven't made new highs yet although we've flirted with it and more are starting to think it may punch through soon. I'm not so sure myself but it doesn't matter. Market goes up fine, market goes down fine. Have a plan of action for either event and keep capital handy to deploy at strategic areas, that's my line of thinking. Even when this got posted, I didn't see it as anything more than typical gyrations of the market and didn't see some looming big crash like the real estate bubble. Even a pullback to the prior double tops in the 1550 area wouldn't have been earth shattering.
Out of my wheelhouse as I've said in the past but had been keeping an eye on it since I knew someone here invested in it. I think it's broke through your original buy point right? But you did sell half IIRC, a move I always endorse personally. Never go broke taking profits.
I think they reduced guidance a couple months ago which is part of what's taken it down another leg lower. Also a huge mutual fund (one which I've been in for quite awhile) Fidelity Contrafund reduced their stake by 20% in CMG recently as well. For a fund that size that's a huge wave to be fighting against at least in the short term and still don't know if they're continuing to reduce or have stopped. So while YoY comps might be easy to beat there are some other things at play as well.
Myself, I've been in and out of KR a few times, in and out of HRL very recently and most recently in and out of NKE. Looking to possibly add it back before earnings if it dips a bit. It's around 55 now would like to add back in the mid 53- low 54 area if possible. If it goes down on earnings I see support in the 49-50 area and willing to buy more there and if the earnings are good well then great provided I'm in it, haha.
Unfortunately the stocks lately I've been trading in and out of are on the farther end of my personal risk curve because they're not my usual bigger dividend payers. Problem is everyone has hoarded into those dividend stocks so they've become very expensive and overbought. I've only had one opportunity recently on the Fed governors all chirping about a rate hike which brought those dividend stocks down for a bit. I got SO in the low 48 range and have recently sold it in the mid 50 and change area. Similar set up for VZ. The last jobs report took an axe to the perception of a June rate hike so all those divy payers went back up and that was that regarding those opportunities for me.
Yup, Sold half around $530 IIRC. I bought it for around $406 a share. I'll be watching closely over the next few days and try to buy it when i feel the time is right. I'm def a bull on this stock long term. I think its putting the bad news behind it and this time next year we'll be having positive news on sales which will swing the net sentiment.
Every time the stock market dips, the economic pornographers come out of the woodwork. They're like retarded computers.
Similar threads
