You have to really time it right. It’s a trade, not an investment or a hedge.
OT: Stock and Investment Thread
- Thread starter RU05
- Start date
I continue to own it. Sold a bunch today. If you are looking short term and believe there is more pain ahead it’s a decent play. But I learned the hard way that holding on too long will hurt your return based on time decay alone.
Nothing to post about just waiting for the drop to buy.Welcome back! You haven't posted in a while.
Looking at some of these as well. Sold half my PYPL a couple of months ago, Sold all my V a month ago and about 20% of Apple a couple weeks ago; will look to buy some back.
also watching DOW, WRK, FDX, CLF, STLD and KR (all down about 10-15%.
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You gotta enjoy the ups as well. Everyone loves artificial buying opportunities, but maximizing the ups is what it is all about.
Look for the long opportunities, not the short crumbs. You would do a lot better. LOL!
Went big into volatility options with VXX, UVXY along with VIXY AND SQQQ last week. Sold them today and retained more than my original investment. I also rolled some of the gains into call options expiring in the next couple of weeks looking for more gains. Playing with house money at this point. If I am correct, and the market further corrects then I will use the proceeds to buy stocks on the dip. Looking at fintech and reopening trades to buy on dips.
Stupid term. Markets go up and down and back up again (or vice versa) all of the time these days. Careful with being too cute on timing. The market will be at ATHs again soon.
Order confirmation emails went out today. Deliveries begin early October. Someone always knows.
Say what you want about the term, but it’s a critical concept to understand. Markets generally don’t go straight down. After some stocks take a dive, speculators jump in causing a temporary recovery. A lot of people benefit like you did early last year when there was a quick and sustained recovery. However, that is not always the case. A lot of investors ramped up their purchases when stocks fell 2000/2001 and got slammed when prices for many stocks continued to collapse. My goal is to make sure my head is not in the sand, but I’m guessing you don’t like that term either.
Earnings are at all time highs, interest rates are super low and will remain so for a long time, money has only one place to go. The ups come back in a blink of an eye. Careful or you will miss it.
Are you thinking that people take 100% of their equities and convert into cash waiting for a pullback? I hope no one does that. I would suggest only putting 25-30% in cash hoping for a pullback with a backup plan to invest in undervalued stocks if the volatility play does not pan out.
There are some chicken littles that have gone close to 100% cash in the past.....based on previous posts.
It's cheap, but this report perhaps explained why. Still a lot of buys on the street though.
I've owned it since $290, thought I was buying the dip then. Not sure which direction I want to head with it yet.
Sometimes a big drop after a decent earnings report is to allow institutional buyers to jump in. I am just kidding. It's a conspiracy theory. My cost basis is around $17 and shockingly I am almost even in that stock.
Powell hints taper announcement in Nov and reductions to begin in Dec.
Didn't phase the markets. So Powell's handling may be bad for inflation, but pretty seamless for the markets.
Vote appears to be 9 vs 9 currently as far as raising rates at some point next year. But if inflation keeps running as hot as it has........
Didn't phase the markets. So Powell's handling may be bad for inflation, but pretty seamless for the markets.
Vote appears to be 9 vs 9 currently as far as raising rates at some point next year. But if inflation keeps running as hot as it has........
Big upgrade from Jefferies. Funny how the run up before the news. I might cancel my sell order at 18.
I'm annoyed. Why won't the damn market crash (and stay crashed for a bit) so I can buy?
Also, 254 pages? On stocks and investment? Seriously?
Also, 254 pages? On stocks and investment? Seriously?
Too much money on the sidelines ready to jump in any time there is a dip. Also the fed continues to pump money into the market.
I periodically and regularly buy in relatively small amounts to DCA. But I've also been sitting on some cash waiting on a market correction or recession or whatever.
I could write a country song I been waiting so long.
Covid outbreak was the time to buy. Guessed you missed that opportunity.I periodically and regularly buy in relatively small amounts to DCA. But I've also been sitting on some cash waiting on a market correction or recession or whatever.
I could write a country song I been waiting so long.
Don't wait too long. Time in the market usually beats timing the market.
well said
I went all in after the mkt dipped below 20k (or rather heavily) and anyone that did not, well that was a mistake