StreetsofBeige
Gold Member
Netflix down another -$14 to about $211.
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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
GHG
Member
Next stop 180's.
StateofMajora
Banned
35 stocks in my watch list and only 1 green... Ubisoft is up almost 20% from yesterday, good thing I kept buying the dips.
crazepharmacist
Member
You guys all know about I-bonds right? If you buy before May 1st you get locked in for 7% annualized yield for 6 months then another 6 months at 9+% yield. Can't sell until 12 months and if you sell before 5 years you lose the last 3 months of interest. I maxed out last year and I'm gonna max out this years before May.
StateofMajora
Banned
If I'm that worried about the market I'd just invest in precious metals / housing.
crazepharmacist
Member
Precious metals and housing won't give you a nearly 10% guaranteed, risk free yield for the next 12-15 months.
Fredrik
Member
How are you all dealing with this period?
I need some advice.
I’m down more than $3k for the year.
All funds I want to use are invested. Should I sit still and wait for things to go up again? or should I sell at loss and go in later when the market is moving up?
Sell half at loss and invest in gold?
I only have tech stocks. Nvidia, Sony, Microsoft, Tesla. Everything is down.
I need some advice.
I’m down more than $3k for the year.
All funds I want to use are invested. Should I sit still and wait for things to go up again? or should I sell at loss and go in later when the market is moving up?
Sell half at loss and invest in gold?
I only have tech stocks. Nvidia, Sony, Microsoft, Tesla. Everything is down.
BigBooper
Member
If you have to use the money, sell, and don't do that again lol.
If the companies you invested in are still a good bet, ride it out. You will only have to pay long term capital gains if you stay in at least a year.
Personally, I'm not getting anything else in while we're falling, but I don't feel comfortable with trading options.
Fredrik
Member
I don’t have to use the money but if it keeps falling it’ll be a long way until I’m out of the red. I could take the L and step out for awhile and jump in again once it’s clear the market has turned. It’s depressing.
BigBooper
Member
It hurts. I'm down 9.5% on my investments since the start of the year.
It's one of those things where I know it will come back, but I might be bag holding for a year or two. In the mean time, I'm making dividends still. If I took the money out as cash to hold for another investment that might not come, I'd have to lose a chunk of it to inflation anyways and I'd probably pay more on those investments in short term gains, most likely making it a wash. I'm not in a good mental state to do risky investments right now though. I'm certain some of the options traders are going to make bank.
HoodWinked
Member
futures are negative. this shit is going to be green by end of trading day.
Fools idol
Banned
No offense, but $3k unrealised paper loss compared to my unrealised paper losses makes me hella jealous of you!
My advice is , hold it out. Especially for smaller accounts (again no offense intended, we all start some where ) because for everyone time in the market is more important than timing the market.
You can sell, lock in the loss, but then the market has a hard rebound on some news or something and you will then feel stupid. It happens all the time... Long term, as long as you are comfortable cashflow wise to pay the bills and live without checking the market daily you are fine.
Remember the golden line which was posted in this thread somewhere time ago..... All you have to do in times of volatility is be patient and nibble at the best opportunities. No need to panic or go crazy all in if you have enough cash to get by for the long term. I bag held Tesla for almost 4 full years, which felt like red every single day. But after the past 2 years it went up 1000%. 10x bagger on my original investment. All I had to do was nothing.
On my watch list;
Adding more to $BABA my biggest holding from $95-100 range
Adding more to $TSLA always if it drops hard
New position building onto my dividend players for that long term compound growth;
$SWK - people love tools and DIY
$MMM - consumer staples and thousands of products in every home rain or sun
$WM - the world is full of waste that needs cleaning up
$MCD - people love cheap fast food in any economy
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Fredrik
Member
Tbh I’m never in a good mental state to do risky investments… I just end up trying to catch the knife as it falls, buying on the never ending dip.
Nvidia has been my go to stock for years, I’ve been able to upgrade the graphics card several times, bought guitars, consoles, etc, from the earnings from the Nvidia stocks alone by buying and selling at the right times. But now they’re just going doooooown.
Yeah I know I should just stay calm, but as I said above I’ve got used to use stock earnings to finance my hobbies and now I’m down a nice gaming PC. Bummer.
Fools idol
Banned
I stopped checking futures. It generates bad karma and encourages emotional decision making for the week, especially on mondays.
StateofMajora
Banned
Ubisoft up 12% pre market, nice.
All that acquisition talk no doubt. Glad I thought to keep buying more.
All that acquisition talk no doubt. Glad I thought to keep buying more.
Grildon Tundy
Member
This is awesome. We actually get to take "advantage" of the crazy inflation going on. Thanks for sharing.
HoodWinked
Member
Lol fuck the stock market
GHG
Member
It's necessary, valuations have been insane for too long. Just let it do its thing and start buying again when you deem appropriate.
StateofMajora
Banned
Yep. Terrible day
Fools idol
Banned
Musk borrowed $12.5 billion USD via a margin loan to complete his acquisition of Twitter. However, he had to pledge $62.5 billion in Tesla shares. If Tesla's stock price falls by 43% (to $35.7 billion in value), Musk will receive a margin call.
this means the Tesla default price = $570
I mean, it's not looking unlikely wallstreet figured this out today after a 13% drop - they are probably colluding to make it happen. They hate musk for how much pain he's inflicted on short sellers.
this means the Tesla default price = $570
I mean, it's not looking unlikely wallstreet figured this out today after a 13% drop - they are probably colluding to make it happen. They hate musk for how much pain he's inflicted on short sellers.
GHG
Member
Well at least he will have full autonomy to pump TSLA via twitter if he needs to.
Fools idol
Banned
I've got my $BABA to a fully built position now. Cost average $90.00 on the dot thanks to this weeks dippage..
Come on CCP, I dont want to go broke.
Come on CCP, I dont want to go broke.
HoodWinked
Member
FB up 18%
StreetsofBeige
Gold Member
dem
Member
Amazon earnings will be shit because of Rivian..
GHG
Member
And they say technical analysis doesn't work...
It does, but it requires a lot of patience. Most people buy or short too soon and then close their trade at a loss. Unless it's at support or resistance and one of my tradingview alerts ping I'm not interested.
GHG
Member
RIP AMZN:
What's most concerning is that if it opens at these levels tomorrow it does not bode well, there is a long way for it to fall before it finds support. The buyers need to step in immediately and save it tomorrow, if not we are looking at 2300 and then 1900 if it doesn't hold there.
QQQ might well be fucked.
What's most concerning is that if it opens at these levels tomorrow it does not bode well, there is a long way for it to fall before it finds support. The buyers need to step in immediately and save it tomorrow, if not we are looking at 2300 and then 1900 if it doesn't hold there.
QQQ might well be fucked.
GHG
Member
I'm scared to look at my account. AMZN was like.. half my RRSP account
Congratulations Berkshire... i think you're now my largest holding.
If holding individual stocks - when you get that notification that insiders are selling big blocks you should too (this is a note to myself as much as it is to you...).
That was the warning we had peaked that everyone ignored.
StateofMajora
Banned
HoodWinked
Member
Elon sold about $4 billion, he said he's done selling so we may still see another filing for 4/28 sometime in the next couple days. Man i gotta give it up to MeetKevin tho he suspected this when the stock dropped 2 days ago.
Insider Trading | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
| Musk Elon | CEO | Apr 27 | Sale | 881.44 | 389,399 | 343,233,282 | 168,538,852 | |
| Musk Elon | CEO | Apr 27 | Sale | 898.00 | 345,601 | 310,350,358 | 168,193,251 | |
| Musk Elon | CEO | Apr 26 | Sale | 889.08 | 2,258,486 | 2,007,978,676 | 170,349,765 | |
| Musk Elon | CEO | Apr 26 | Sale | 913.82 | 889,825 | 813,139,334 | 169,459,940 | |
| Musk Elon | CEO | Apr 26 | Sale | 954.51 | 316,161 | 301,779,090 | 169,143,779 | |
| Musk Elon | CEO | Apr 26 | Sale | 987.53 | 215,528 | 212,841,259 | 168,928,251 |
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StreetsofBeige
Gold Member
If you got any tips that are undervalued or due for a good rebound please tell! I dont buy stocks that cost a lot. But if you got any ripe ones let's say at $40 or less, I'm all ears.
I know buying 100 shares at $200 is the same as buying 1000 shares at $20, and a 15% gain is the same. But for me I'm one of those low price/more shares kind of buyer.
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GHG
Member
Other than Intel I don't really have anything on my watch list that fits your criteria at the moment.
It's back down in the 43's again which is a strong support level for it historically. Since 2020 it's bounced from here 4 times. But be careful with it, the overall market environment isn't great and the more times a level of support/resistance gets tested the more likely it is to break, there's a chance of bull exhaustion. Personally what I'm doing is selling puts at the next level of support down.
Overall the market really isn't looking great right now, today its mostly been due to AMZN. I don't see the indexes catching a bid until that hits 2300, so the sooner that happens the better.
StateofMajora
Banned
Bought 400 shares of Intel today, since it hit support / 52 week low.
I am close to making a 4 figure dividend from Intel this June
I am close to making a 4 figure dividend from Intel this June
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StateofMajora
Banned
StateofMajora
Banned
If Ubisoft ubsfy ticker goes below 8 dollars again I am thinking of taking a large position... Even if there's no acquisition I think it's worth that much but in the event someone does buy them it could be a huge payday.
GHG
Member
If it closes under 43 on Monday it could be in trouble, next line in the sand isn't until around 37. I'll be keeping an eye on things very closely on Monday, sold a lot of options premium today, would be foolish not to considering how elevated the VIX is right now. If I need to manage risk and cut some things short then I will. A lot of stocks and indexes are at critical levels, close below them on Monday and we're taking another leg down.
I'll do a lot of chart work this weekend, will let you guys know if I find anything interesting.
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Fools idol
Banned
I made 350k on that %14 BaBa move. Locked in a little short term profit to buy the dip on $SWK
Ellery
Member
I'd be very happy to call 350k a little short term profit lol.
Nice. Congrats on that. Seems like the Ferrari is already well well well paid off lol
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GHG
Member
Jesus how big is your account man? Or were you pretty much all in?
And there I was happy with the coupe of grand I made on Netflix the other day, but granted that was literally in a couple of hours.