I just opened a position in ACB.
I’m hoping this is a bottom (ish).
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I just opened a position in ACB.
I’m hoping this is a bottom (ish).
[QUOTE=ghostfacedup;1593020081]62000? wtf lol.[/QUOTE]
Yeah, the vertical market hasn’t even begun yet. This has been two years of consolidation prepping for that move to happen. The inflow of foreign capital will be a major driving force, along with the rising US$
I have to say this again to everyone in here, LOL @ DIS just lol its gone nowhere still. Company is horribly ran and I'm laughing at how much money Bob wasted on trying to Market Disney plus then on the first day they had tech issues. Disney also wrecked Star Wars...I saw the 3rd to last one and was so disappointed I haven't even bothered or wanted to see the rest of them.
[QUOTE=Venom08;1593016601]I’m calling it now, DJIA 62000 before we get another bear market. There’s no bubble in the private sector, only in the public sector.[/QUOTE]
Is that a typo Venom? You're saying the Dow will double???!!!
[QUOTE=headturner1;1593021781]I just opened a position in ACB.
I’m hoping this is a bottom (ish).[/QUOTE]
Like I said above ACB went down harder than APHA or CGC. I hope this is the bottom...It seems to be. Now all we need is some decent news to get a pump going. But like I also said CGC usually moves up the most dramatically.
Yeah, fundamentals don’t ever matter with the stock market so disregard PE ratios and chit like that.
It’ll be interesting considering the REPO crisis that no one’s talking about. Especially with year end banks will step back from repo markets in order to make their balance sheets smaller. So that’ll leave a huge void in the liquidity of the repo market.
[QUOTE=iifymbro;1593004611][img]https://media1.tenor.com/images/4d764c0c60cb625b65106b55c3af7226/tenor.gif?itemid=10436407[/img][/QUOTE] lmao. for real tho.... we scrooge mcducking this market! Fuarkk
[QUOTE=Spahgetti;1593026401]lmao. for real tho.... we scrooge mcducking this market! Fuarkk[/QUOTE]
The only thing red I had today was ACB. BABA/FB was 12-15% gainz, YETI 3%, VZ 5.5%, my company stock was 9% fuark.
Visa, Paypal, Square, Baba, Apple crew
my DLTR calls almost back to breakeven! woooooo
fuark
[QUOTE=Venom08;1593025711]Yeah, fundamentals don’t ever matter with the stock market so disregard PE ratios and chit like that.
It’ll be interesting considering the REPO crisis that no one’s talking about. Especially with year end banks will step back from repo markets in order to make their balance sheets smaller. So that’ll leave a huge void in the liquidity of the repo market.[/QUOTE]
What happens if there isn't liquidity in repo markets? I don't see the significance?
Fundamentals are going to matter again at some point in the near future. You can't keep taking out loans you can't pay back forever.
Something was forcing me to buy M calls today and I did. They don't expire for another 406 days though lol
Also, Rob, there is chit ton of bs about the REPO crisis. What's going on is that US banks are unwilling to lend to European banks because they see that they're in trouble. So that responsibility has gone to the Fed.
MO is doing awesome..any other high dividend stocks out there right now that are priced reasonably? Im thinking PSA, DUK, MMM
[QUOTE=VegasLifter26;1593048881]MO is doing awesome..any other high dividend stocks out there right now that are priced reasonably? Im thinking PSA, DUK, MMM[/QUOTE]
Im holding xom and rds, both pay decent divs. I drip those bad boys and have accrued a few shares over the years.
[QUOTE=VegasLifter26;1593048881]MO is doing awesome..any other high dividend stocks out there right now that are priced reasonably? Im thinking PSA, DUK, MMM[/QUOTE]
T has absolutely killed it for me over the last year or so. Bought CSCO CVS and BA on their drops similar to MO, all have been good gainers. Did the same with MMM but hasn't been a winner yet. If you're into dividend stocks I highly recommend M1 finance if you aren't using it yet.
[QUOTE=AgRyan;1593054791]T has absolutely killed it for me over the last year or so. Bought CSCO CVS and BA on their drops similar to MO, all have been good gainers. Did the same with MMM but hasn't been a winner yet. If you're into dividend stocks I highly recommend M1 finance if you aren't using it yet.[/QUOTE]
I own Verizon its been doing well, how many individual dividend stocks should a person own ? im thinking around 10-15
50% of my portfolio is going to be individual stocks ..other 50% are going to be ETF's (value, utilities, sp500, mid-cap, ect)
wanna see which has a better return long term
[QUOTE=AgRyan;1593054791]T has absolutely killed it for me over the last year or so. Bought CSCO CVS and BA on their drops similar to MO, all have been good gainers. Did the same with MMM but hasn't been a winner yet. If you're into dividend stocks I highly recommend M1 finance if you aren't using it yet.[/QUOTE]
T is da BOMB! Still holding 300+ shares myself and made a boatload off dividend re-investment
[QUOTE=VegasLifter26;1593055041]I own Verizon its been doing well, how many individual dividend stocks should a person own ? im thinking around 10-15
50% of my portfolio is going to be individual stocks ..other 50% are going to be ETF's (value, utilities, sp500, mid-cap, ect)
wanna see which has a better return long term[/QUOTE]
You don't want more than a dozen stocks imo. Cramer says 10 total. I could agree with cramer. After about that many you start to lose track and it just promotes attention span loss/add/adhd.
You wanna know everything there is to know always about your companies and keep up to date on everything. Makes sense that you couldn't really do that if you're holding more than 10.
My portfolio looks a mess right now personally. I'm in on 13 seperate companies, most of them lame ass penny stocks I bought 5+ years ago when I was a newb and I'm still holding since I don't have time decay.
I have solid companies in there too which I did make a killing off of, but I sold most of them the last 6 months or so to take profits (45k+) so I'm left with about 5 green companies and the rest red as fuk looking like chit and making my portfolio look like an idiot was running things.
I'm still + 2k in the green but that's not comparable to 35k+ average which it usually was at past 5 years
Live and learn
[QUOTE=headturner1;1593053951]Im holding xom and rds, both pay decent divs. I drip those bad boys and have accrued a few shares over the years.[/QUOTE]
exxon has been goin down steadily for the past 5 years...thats the problem with alot of these high dividend stocks is the values decrease over time its almost not worth the dividend
[QUOTE=VegasLifter26;1593057281]exxon has been goin down steadily for the past 5 years...thats the problem with alot of these high dividend stocks is the values decrease over time its almost not worth the dividend[/QUOTE]
It has its peaks and valleys, I’ve had a decent run though. The drip has me positive over the years, but youre right, it’s not a world beater by any stretch.
[img]https://pbs.twimg.com/media/ELLJoBFWoAAZdE7?format=jpg&name=large[/img]
best growth stocks guys?
Not gonna lie, I think this rally will be most sustainable if we get a correction down to 26400 into January.
[QUOTE=savageoldman;1593064651]best growth stocks guys?[/QUOTE]
EXPE took a nice little dip as well as dollar tree..i also might buy PSA
Pot stocks coming back up today, thank fuk
NFLX also got 34 golden globe nominations, more than any other network, they're killing it, wouldn't be surprised to see their stock head back up to 380 soon
[QUOTE=Venom08;1593048551]Something was forcing me to buy M calls today and I did. They don't expire for another 406 days though lol
Also, Rob, there is chit ton of bs about the REPO crisis. What's going on is that US banks are unwilling to lend to European banks because they see that they're in trouble. So that responsibility has gone to the Fed.[/QUOTE]
Ohhhh yeah.... Up 2.2% on a down market day. I'm telling you, the stock is massively undervalued. At $15/share, their real estate holdings alone make it at least 50% discounted. Technically, the charts are telling me it's time for a strong rally up to $40 again. It'll happen in 2020.
Tariffs delayed
Bulls getting paid today
hopefully industrials go on sale. I really dont see why china would make a trade agreement with ongoing impeachment proceedings and an election around the corner
Dunno why Amazon is stagnating. Seems like a good price to buy, I'm thinking a lot of people are accumulating.
[QUOTE=Venom08;1593217611]Ohhhh yeah.... Up 2.2% on a down market day. I'm telling you, the stock is massively undervalued. At $15/share, their real estate holdings alone make it at least 50% discounted. Technically, the charts are telling me it's time for a strong rally up to $40 again. It'll happen in 2020.[/QUOTE]
I'm in :D
[QUOTE=Venom08;1593217611]Ohhhh yeah.... Up 2.2% on a down market day. I'm telling you, the stock is massively undervalued. At $15/share, their real estate holdings alone make it at least 50% discounted. Technically, the charts are telling me it's time for a strong rally up to $40 again. It'll happen in 2020.[/QUOTE]
what makes you think Macys will go up in 2020? just curious. Their most valued real estate assets are their most productive stores.
just checked my transaction log, i bought 60 shares of TSLA at $249 for $15,000 almost 7 months ago. fuarkkk i wish i would have got more. Big Daddy Musk has been treating us so well since then #cybertruck
gamestop stock has a 28% dividend lol