**OFFICIAL** Trading and Investing Thread- Part -X-

[GabrielNovar]

I agree and I think it looks great from a value POV but the only thing I can see that's a negative is that it's holding a high SI% of float right now, and it's EPS est is low. Sign of negativity in the market. Honestly that's not enough to make me back away if I like everything else.

8/10 stock in my books.

Too bad you missed LCUT, that one is a perfect 10/10 for me but the offer came out Monday.

was thinking for a quick trade. get in here and blow it out in the low 20s.

[residesinAZ]

I'm coming to the realization that the stock market is the original GoFundMe.

[Big B Bro]

I'm coming to the realization that the stock market is the original GoFundMe.

Lmao

[Drhunglow]

I'm coming to the realization that the stock market is the original GoFundMe.

Not really, when I white knightly donate money to some sloot's vacation, I don't end up owning a piece of said sloot or her vacation

[Slimerrr]

Thoughts on the gold market right now? Looks to have made a bottom around 1190 and rallied after interest rate hike. Looking really strong tbh

[Slamt]

looks ready for a short term pop

long term bullish gold, dollar looks like it's about to get the smackdown

[Barn01]

Not really, when I white knightly donate money to some sloot's vacation, I don't end up owning a piece of said sloot or her vacation

+1 for trufe

Not to mention when you donate to the sloot you lose 100% of the money with little chance of getting anything more than a thank you. At least in the market you rarely loose everything and there's a better than avg chance that you will actually make something. The market is nothing like gofundme.

bottom line ... if you don't think you have the ability to beat the SP500 ... then invest in the SP500.

[RobParks2M]

+1 for trufe

Not to mention when you donate to the sloot you lose 100% of the money with little chance of getting anything more than a thank you. At least in the market you rarely loose everything and there's a better than avg chance that you will actually make something. The market is nothing like gofundme.

bottom line ... if you don't think you have the ability to beat the SP500 ... then invest in the SP500.

So that poster I got signed by Alexis Ren doesn't mean she will go on a date with me?


Also time to short TSLA yet again. Latest hike could sway big holders to try and dumb some shares before they get diluted. Pretty sure dilution is set for around 2.5% assuming they want to raise 1 billion dollars.

[CDub73]

Grabbed some CX to swing upon breaking out of this range its had on the daily. Entry 9.09 (a little high tbh). Using about an 8.90 stop. Looking for about 9.50 then 10.

CX Daily Chart. Not sure what people use to embed pics these days.

Spoiler!

Also, grabbed NVDA at 102.86 to swing to about 106. Stop about 101.50

[thetrebel]

+1 for trufe

Not to mention when you donate to the sloot you lose 100% of the money with little chance of getting anything more than a thank you. At least in the market you rarely loose everything and there's a better than avg chance that you will actually make something. The market is nothing like gofundme.

bottom line ... if you don't think you have the ability to beat the SP500 ... then invest in the SP500.

Gf of 6 years broke up with me last year


Still mad she has my ring srs

[thetrebel]

Grabbed some CX to swing upon breaking out of this range its had on the daily. Entry 9.09 (a little high tbh). Using about an 8.90 stop. Looking for about 9.50 then 10.

CX Daily Chart. Not sure what people use to embed pics these days.
[spoile/Vv2Sx3G.png[/img][/spoiler]

That's one Hnnngggg chart

[Slamt]

Snap broke 20 level, apparently this is important because I've seen 20 tweets bout that already.

tempted to go long, no hard flush under



stop: 19.70

[ifitness1]

ValueAct just added 3M VRX shares

[Humungus]

ValueAct just added 3M VRX shares

Popping after hours. That thing never holds gains though.

[Slamt]

As a trade...maybe but what would cause them to cover. That debt load is insane and while its not coming due immediately rate hikes will only cause sentiment to sour even more.

Maybe this should do it on VRX

just small news and people will all head for the exits at the same time. People who shorted on Ackman news now all toast.

[ifitness1]

VRX CFO bought 25K shares

[yamahaguitarguy]

Hey guys I have a couple questions. I have just started studying finance about 2 months ago and wanted to get your opinions on 2 things.

1: I am currently in the Navy and will be releasing this summer and going back to college for finance. Upon releasing I will receive my pension contributions I made over the past 4 years back. I will be receiving 22k that will be in a locked in retirement account. I was thinking that if I am unable to touch in for the next 30+ years that I would put it all in an index fund that tracks the S&P 500 so that it can grow with the market over the next few decades. Thoughts? Opinions?

2: I have about 10k right now in a low risk mutual fund that I have saved up to help pay for tuition. I would like to move my cash into something a little more agressive as I won't need to access until at least 1 year from now. I was thinking possibly of a couple different ETF's that invest in gold/utilities because they pay good dividends. What do you guys think about that? What would you personally do?

[WhAtNoWbChSs]

Is it best to avoid ADR stocks?

[GabrielNovar]

Maybe this should do it on VRX

just small news and people will all head for the exits at the same time. People who shorted on Ackman news now all toast.

While it can pop (news now) I wouldn't feel comfortable holding it.. Risk/reward just isn't there IMO. Would rather go 4-5X leverage on AAPL and scalp 1-2%. hngggg

[CDub73]

Also, grabbed NVDA at 102.86 to swing to about 106. Stop about 101.50

Exited NVDA at 104.25. It had a nice overnight pop and wanted to take the profits while they were there. Anticipating a retrace to near my original entry though I may not jump back in.

[Humungus]

Popping after hours. That thing never holds gains though.

In the red now. LMAO. Literally cannot hold gains. VRX should trend upward today though.

[Humungus]

Exited NVDA at 104.25.

Looks really strong right now, clearly gonna bust 105. Hate when they fake you out at the open.

[newb123]

Can someone recommend a super basic book or article on how to start investing? I have a few k I deposited into my vanguard acct and have no idea what or how to buy stocks etc. Sounds stupid but I'm considering this a learning experience and can risk this money.

[CDub73]

Looks really strong right now, clearly gonna bust 105. Hate when they fake you out at the open.

True, but taking profits allowed me to focus and manage two quick shorts on MDCO and ESPR and then an ESPR bounce. Best thing I've probably learned is that profits are profits and there'll always be another play to start fresh on.

ESPR's gap down seems pretty extreme tbh. I could see it atleast hitting $25 again if it doesn't fill the gap. I'm going to probably try a short at about 23.50 before that though.

Edit: Didn't take the short. Backtraced without hitting my limit order. Nvm on ESPR being extreme. It pulled back straight to the 61.8 fib after the crazy run its been on. 25 still seems likely though.

---

Can someone recommend a super basic book or article on how to start investing? I have a few k I deposited into my vanguard acct and have no idea what or how to buy stocks etc. Sounds stupid but I'm considering this a learning experience and can risk this money.

Just buy an old textbook for like $5 or $10

Fundamentals of Investments by Charles Corrado is what I started on long ago

There's also a ton of information online. Investopedia.com has some good basic resources too. There's also a simulator, but you can usually find brokerages with better simulators to actually experience trade executions.

Here's Investopedia's quick rundown
http://www.investopedia.com/university/stocks/

[Humungus]

SNAP freefall continues. Pissed I covered at 20. Wonder if GOOG or FB kick the tires when the market cap drops under 20 bil.

[GabrielNovar]

SNAP freefall continues. Pissed I covered at 20. Wonder if GOOG or FB kick the tires when the market cap drops under 20 bil.

Snap CEOs looked scared as fuk @ opening bell. BOX CEO is the next zoookerbooorg.

[residesinAZ]

Is it best to avoid ADR stocks?

I don't think that's a good general rule.

[CDub73]

Gotta a **** price couldn't hit the limit (**** u bid motha****a)

But I'm on $13 amd puts

Das it. How do those gains feel?

Edit: Swinging some ACIA from 54.82. Wish I would've caught it sooner but just pulled up on my scanner. ACIA was an IPO last year with a stupid runup. Just now hitting its 76% fib with a decent gap it could fill to the upside.

[Barn01]

Is it best to avoid ADR stocks?

ADR's are ok as long as you know what you're buying into and your factor in the risk associated with it. You're getting into a different country with different fisacal stuctures and laws. How is that going to effect what you're buying? I don't like them because I can't put them on the same playing field when I'm comparing US or CND companies. If it's an Japan bank ADR then you should not compare that ADR to a US bank. There might be similarities but they won't be controlled the same way if rules change.

Can someone recommend a super basic book or article on how to start investing? I have a few k I deposited into my vanguard acct and have no idea what or how to buy stocks etc. Sounds stupid but I'm considering this a learning experience and can risk this money.

First learn, then paper trade, then invest. While you are doing 1 and 2 ... save for 3.

There are thousands of books, I think there is a link to many on the post 1.

I can't tell you the best way to invest because there are many ways to go about doing it. All I can suggest is that you look into many ways and find a level of risk that you are willing to take without carrying emotion along with it. Emotion is your enemy in the market.

[ifitness1]

SNAP freefall continues. Pissed I covered at 20. Wonder if GOOG or FB kick the tires when the market cap drops under 20 bil.

Too soon, everyone is panicking on this stock/company. All their media deals alone keep the floor at 17. It'll be funny when it's at 100 this time next year