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Misc Stock Market

GeorgiaGirl said:
I wouldn't have figured the DOW being up as much as it is today. I suppose the idea that we're going to print money with the stimulus and the FED is going to keep helping out is balancing out the unemployment rate in today's case. I hope I'm not being head faked, but I'll probably start wading in with the cash I have to play with soon. Would prefer to see a few mostly straight days though.

Probably my biggest regret would be being chicken with Boeing stock. Could've easily doubled my money there.

At least I'm sitting on a gold mine with Google still. That company's going to take off again easily very soon.
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A few rules of thumb I usually go by. I’ve been trading for about 10 years and have learned a ton, sometimes the hard way.

1. Never go all in on one specific stock. If it crashes or things go bad you’re in a ton of trouble.
2. Never let greed control you. When you have a good profit, always sell some or all. Those who get greedy always waiting for higher prices are the ones who usually lose money. I’ve done it before and learned the hard way. 3. Never borrow money to invest, only invest what you can afford to lose if things go bad.
4. Diversify with several investments. Look for ones with solid income history/growth, low or no debt and that is oversold especially in these times.
5. Momentum plays can be big winners but take profits when you can. An example is MFA, GPMT which both are running hundreds of percent in gain in recent days. They have strong financials and were simply oversold and now bouncing back.
 
God why am I holding so many shares of UWT . I hear it’s gonna be delisted next week . I should have dumped it yesterday


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snowlover91 said:
A few rules of thumb I usually go by. I’ve been trading for about 10 years and have learned a ton, sometimes the hard way.

1. Never go all in on one specific stock. If it crashes or things go bad you’re in a ton of trouble.
2. Never let greed control you. When you have a good profit, always sell some or all. Those who get greedy always waiting for higher prices are the ones who usually lose money. I’ve done it before and learned the hard way. 3. Never borrow money to invest, only invest what you can afford to lose if things go bad.
4. Diversify with several investments. Look for ones with solid income history/growth, low or no debt and that is oversold especially in these times.
5. Momentum plays can be big winners but take profits when you can. An example is MFA, GPMT which both are running hundreds of percent in gain in recent days. They have strong financials and were simply oversold and now bouncing back.
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I should've better put it as doubled the money put in with Boeing. I know, or at least have been told to diversify, because I still communicate with my dad a lot here, he holds AT&T stock, I have Verizon, but I was interested in the idea of AT&T, and he said that you shouldn't because you should diversify.
 
My NRZ holdings went up 50% today. Too bad they were already down like 75%.
 
I just can’t get over how fast this tanked
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Dow is at session high and is rising! Wow, what a week!

It closed at 17% up for the week to date and 20% above the Monday intraday low!!

The Dow has come back 35% of the nearly 11K point drop from all time highs in the 29.5K area to the intraday Monday low of near 18.7K! That's very impressive and few predicted anything like that.
 
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CamWX said:
I was looking at Boeing last week when it was 80-90 and though I should set up an account and buy, buy, buy.

Now I am sad I waiting so long.
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I got lucky . I’m up 84.35 a share in a week .

I owe jimmy a finders fee. I should get boeing to fly a new plane over his house and drop the money


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NoSnowATL said:
Welcome. Jimmy is the Wall Street suit! We just follow his lead to glory or homelessness.


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Well I’m only up 2.36% today. I’ve done worse I guess. Still holding this JNUG waiting for it to pop. Waitr Holdings rallied today. Could really pop soon because it’s so cheap
 
Jimmy Hypocracy said:
Well I’m only up 2.36% today. I’ve done worse I guess. Still holding this JNUG waiting for it to pop. Waitr Holdings rallied today. Could really pop soon because it’s so cheap
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I lost my ass today on JNUG . But I’ll probably put another order in since it’s so much cheaper now


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What’s the play tomorrow? I think I’m going to roll the dice on some inverse ETF’s. I still feel like we’re way overbought. Correction day would make sense tomorrow. It would have made sense today too but you see how that worked out.
 
Jimmy Hypocracy said:
What’s the play tomorrow? I think I’m going to roll the dice on some inverse ETF’s. I still feel like we’re way overbought. Correction day would make sense tomorrow. It would have made sense today too but you see how that worked out.
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Don't try to catch a rising knife!
 
Currently eyeing Apple or Facebook as a potential add to go long for me. Not sure which way to go as I can see the plusses with both and would kill to see another good dip from both before setting an order.

But I am thinking of...maybe joining in in a small way with short stuff.
 
Rain Cold said:
Don't try to catch a rising knife!
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I caught it on the way down. Batting .1000 until the inevitable “Super Dump” by the algos currently running Wall Street. It’s gonnna hurt. They’ve got to drive the price back down so the big wigs can get a cheap entry. Watch
 
Super manipulated market right now. This is not normal. We are in uncharted territory. Not a healthy market imho. Could end in disaster
 
Jimmy Hypocracy said:
Super manipulated market right now. This is not normal. We are in uncharted territory. Not a healthy market imho. Could end in disaster
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I like disasters . Good buying opportunities.

I gotta figure out how long I’m gonna hold Boeing before it goes down . Now way it’s stable currently



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I only put a few hundred in Robinhood, baby step as I figure all this stuff out....and so far its all been pretty much breaking even for me....though my 10 shares of NRZ are up big today....got in at 5.20 sitting at 7.79 right went up $2 today.
 
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