OT: Stock and Investment Thread
- Thread starter RU05
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Amongst my sales yesterday was CRWD, started back in today. Edit: Same with PLTR. Small position, still too expensive, but I want a foot in.
Didn't sell any AMZN or META yesterday but added today.
Still plenty of cash. Still looking at those TQQQ calls.
Didn't sell any AMZN or META yesterday but added today.
Still plenty of cash. Still looking at those TQQQ calls.
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Added to MS at $103. $100 was stiff resistance, now hoping it provides support. 3% divs.
Market looking to give all of yesterday back. Wonder if we get circuit breakers today.
Always a good idea to buy the 2 best cyber companies. Both are in my stock basket.
It’s like two dump trucks and takes multiple guys whole day. I’m sure I’m getting ripped off at every turn but any landscaper would be similar. I’m paying for convenience and piece of mind. Same crew for years. Don’t feel uncomfortable with my teenage daughter at the pool when they are there. Have no concerns with them having access to my garage to grab a water or beer. Unlike some other “rich people” here I don’t sweat the cost of edging. Lol
Stock market gyrations feels opposite of how a healthy system should be working. Maybe when GOP passes tax cuts, the market will trend up, but Trump Slump/bear market may be the new norm.
I like CRWD and ZS. PANW not so much and they have to update their technology
Look at the quantum computing stocks like RGTI, QBTS, IONQ as well.
I caught the key part in that presentation yesterday ( 7:44 in )
Majority of countries got tariffed (including small islands China uses to sneak the margins).
Then countries came back to 47 ready to deal - except China who got isolated on world stage.
That isolation play is a tactic he's used in other areas.
Bessent was gleeful and seemed to enjoy the power play.
Recent articles highlighted how he worked for Soros to cripple-up Bank of England.
Some say that sucker punching Yuan is part of why he got the job in admin.
China "experts" say they will never buckle and 47 overestimates XI's "friendship."
47 says China wants to deal but doesn't know how to cross the line at home.
Xi is a dictator but still has to deal with other power centers including a military that doesn't always like to be compliant.
I thought PANW was pretty far along with their transition. ZS is also solid. As is CyberArk.
Will do so tonight. Any updated thoughts on PLTR? As in, a good price to jump back in? I saw it dip into the $70s a few times.
Didn’t trade QBTS well at all a few months back. Though i think its back down near where i sold it.
Kind of lost in the madness is WTI hit(briefly) $55 yesterday. Currently at $60. It had been in a $65-$75 range for months.
This move is in part on recession fears so it's not necessarily a good sign, but it will provide some immediate relief as well as help with inflation as it moves through the system.
This move is in part on recession fears so it's not necessarily a good sign, but it will provide some immediate relief as well as help with inflation as it moves through the system.
Not sure why you are @ me.....because intstead of wait and see you continue to live and die each day breathless on what the market does each day ....thats the point....unfortunately your bias has caused this infection
That's absolutely not true. I don't and have not lived and died with the daily fluctuations. If anything, I've attempted to tamp down posters' expectations every time the market goes up during these times. I've lived through more bear and bull markets than most posters in this thread. I don't get fooled when a day's rally occurs during a down market. You're the one who posted "what a day!" yesterday as if everything is back to normal when its not.
Love all the new posters joining here. Thanks for the reminder I needed to get mulch. We all need a distraction from this disaster.
Hard to argue with the WSJ's editorial board's commentary yesterday and I doubt today's rout would make them change their minds on this.
"President Trump says trade wars are easy to win. Investors think otherwise, and on Wednesday Mr. Trump decided maybe investors are right. After a flight from U.S. assets and a rout in the bond market, Mr. Trump announced a pause for 90 days on the worst of his “liberation” tariffs on most countries, China excepted. Markets celebrated with a stock-market rally on hope that perhaps Mr. Trump isn’t entirely oblivious to the damage he’s causing. The rout in dollar assets reversed, at least somewhat, and the rise in the benchmark 10-year Treasury yield eased. It would be hard to find better evidence that markets believe the biggest threat to the world economy is Mr. Trump’s tariffs."
https://www.wsj.com/opinion/donald-...-bonds-scott-bessent-trade-0d271750?mod=e2two
"President Trump says trade wars are easy to win. Investors think otherwise, and on Wednesday Mr. Trump decided maybe investors are right. After a flight from U.S. assets and a rout in the bond market, Mr. Trump announced a pause for 90 days on the worst of his “liberation” tariffs on most countries, China excepted. Markets celebrated with a stock-market rally on hope that perhaps Mr. Trump isn’t entirely oblivious to the damage he’s causing. The rout in dollar assets reversed, at least somewhat, and the rise in the benchmark 10-year Treasury yield eased. It would be hard to find better evidence that markets believe the biggest threat to the world economy is Mr. Trump’s tariffs."
https://www.wsj.com/opinion/donald-...-bonds-scott-bessent-trade-0d271750?mod=e2two
Past two days have been very positive. Up 7% in my Roth IRA (which as you like to say, up 14% tax equivalent). LOL!
Follow-up. Trade deal announcements coming soon:
Hassett: ‘Big inventory’ of tariff deals ‘close to the finish line’
It would be hard to find better evidence that markets believe the biggest threat to the world economy is Mr. Trump’s tariffs."
-Luv to hear WSJ's take on the threat of the Chicoms invading Taiwan...
We've been contributing via GWB's backdoor loophole since we've been married. Great way to get around the income limits. Technically, it probably doesn't make sense to do so based on our tax bracket now, but having some completely tax-free money seems like a good idea. Wish we could contribute more, but the gov'ment sucks.
I can contribute my 401k into Roth. But it doesn’t make financial sense because I would be done 50% day 1.
Jeff Van Drew recently said the cap will go up, but probably only to $30k for singles and $60k for married. Lots of members of Congress don't want to increase it at all, but there are enough NJ/NY reps that will block any bill without some relief.
Regardless, if the rates stay the same (highly likely) that SALT cap increase would be a very nice tax cut for us!
Never used the 401k Roth option either. Beyond the tax issue, don't like the idea of creating new accounts/sub-accounts.