Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

chico2663 · 06-01-20, 03:20 PM

Originally posted by ouzoun

I am surprised riots have no impact in the market.

Because the fed is funding the market. Why would you think it would? People are still buying toilet paper. If fed quits buying debt this puppy will sink like the titanic!

homie1975 · 06-01-20, 04:02 PM

Originally posted by chico2663

Because the fed is funding the market. Why would you think it would? People are still buying toilet paper. If fed quits buying debt this puppy will sink like the titanic!

Chico i am okay with this. i think they learned their lesson from 2008

Snowball · 06-01-20, 04:35 PM

homie1975 · 06-01-20, 04:42 PM

^ Snower what are you trying to tell us here. there are lots of notes on that chart

guitarjosh · 06-01-20, 04:48 PM

Originally posted by homie1975

^ Snower what are you trying to tell us here. there are lots of notes on that chart

The Russell 2k will probably pull back

homie1975 · 06-01-20, 04:53 PM

Originally posted by guitarjosh

The Russell 2k will probably pull back

Ok that's been a weak and volatile index for nearly 2 years now it seems

Snowball · 06-01-20, 04:58 PM

I posted that I picked up puts on this Friday around 83-84.
If anyone wants a chart on a stock PM me. Can't guarantee results.

CanuckG · 06-01-20, 05:30 PM

$GAN and $DKNG is all green

trobin31 · 06-01-20, 06:04 PM

VTIQ merger With NKLA vote tomorrow!!

Looking for nice run up to $40

homie1975 · 06-02-20, 09:32 AM

what a run. wow. i thought for sure the protests and so many big box stores would at least affect the DJIA and the SPX but this is something to behold here.............

Madison · 06-02-20, 10:22 AM

Originally posted by Slurry Pumper

Yeah, my SPH play is a forever in the future type of game for me. It regularly has a 15% annual dividend which is given quarterly in equal increments. They are primarily a propane supplier along with other energy or utility services. Typically it is a slow mover, if you look at the last 20 years, for the first 10 they rose from the 20 dollars per share to about 60 dollars per share. Then for the last 10 years it has been a steady decline to around the 20 dollar level. Since about the mid point of 2017, the stock has fluctuated between 26 and 22 dollars a share. That is pretty much as stable a price as it gets with few exceptions. In march it plunged along with all the other stocks to around 11 dollars a share, and since then it has been on a steady march back, but since it is a slow mover it is hard to notice. Like I stated the main reason I'm in it now is because I believe it will make it back to the 20 to 25 dollar level by this time next year, and I expect the dividend to continue. So with a 15% return every year, that is enough for me to be in it, and if it does make it back to the 20 dollar level in a year from now, that would represent around a 40% gain.

I like the overall XLU play just because the interest rates are at an all time low again. Utilities operate best on low interest rates and usually a good place to park some money I would otherwise like to place in a savings account but due to the non existent savings rates I just can't justify any more. My other savings technique is to utilize bonds which are a way of guaranteeing a return, but I find that utilities typically would yield a little more return while also allowing for more liquidity.

Much appreciated!!

Madison · 06-02-20, 10:25 AM

Originally posted by Goat Milk

My 5 grand....

Need the next stock asap

If you want to gamble. LIACF. I'm up like 45% in a month.

navyblue81 · 06-02-20, 10:27 AM

I'm on a rollercoaster ride this morning with AGEN. Started the day up 30% and thought about selling. Held off and watched it plummet and go down 15%, now it's at even for the day. Wow.

Iona · 06-02-20, 10:34 AM

Madison · 06-02-20, 10:35 AM

Originally posted by CanuckG

$GAN and $DKNG is all green

I have killed DKNG for a month and honestly wondering about taking some profit?

homie1975 · 06-02-20, 11:11 AM

finally jumped into OKTA and DOCU. better late than never

milwaukee mike · 06-02-20, 11:29 AM

goos (canada goose) is one of the retailers i would avoid like the plague

nordstrom/bloomingdales/etc are sitting on tons of these jackets that they can't do anything with

homie1975 · 06-02-20, 11:55 AM

Originally posted by milwaukee mike

goos (canada goose) is one of the retailers i would avoid like the plague

nordstrom/bloomingdales/etc are sitting on tons of these jackets that they can't do anything with

makes sense but GOOS is back on the rise since last Fri

pilebuck13 · 06-02-20, 12:28 PM

Finally seeing + sign again in my portfolio

Looking for silver to break 20 soon

CanuckG · 06-02-20, 01:43 PM

Up 3k today on $GNUS. What a ride

chico2663 · 06-02-20, 02:19 PM

Originally posted by CanuckG

Up 3k today on $GNUS. What a ride

nice i thought i was the only one on pennies. sqm And cpg are doing fine.

Goat Milk · 06-02-20, 02:23 PM

Originally posted by Madison

If you want to gamble. LIACF. I'm up like 45% in a month.

Not doing a penny stock lol.

SPH sounds promising. Might do that Slurry.

homie1975 · 06-02-20, 03:01 PM

wow nice buying surge the last 15-20 mins of the session to close strong

homie1975 · 06-02-20, 03:03 PM

Originally posted by Goat Milk

Not doing a penny stock lol.

SPH sounds promising. Might do that Slurry.

tough to beat a 16.5% divvy yield currently paying $2.40 per share

cornmeal · 06-02-20, 03:22 PM

Anybody have opinion on Hertz?

Goat Milk · 06-02-20, 03:46 PM

Originally posted by homie1975

tough to beat a 16.5% divvy yield currently paying $2.40 per share

Why don't you do it then?

HockeyRocks · 06-02-20, 03:50 PM

For those looking for some dividend plays for long term. I love what i have here. But i got into these the last week of March.

DOW CHEMICAL

ENB

O....solid, pays monthly

MAIN.....solid, pays monthly

SPH

SUN

homie1975 · 06-02-20, 05:08 PM

Originally posted by Goat Milk

Why don't you do it then?

i prefer growth stocks. makes a lot more money long term than divvies (for me)

CanuckG · 06-02-20, 05:10 PM

$GNUS will be over $5 once that network goes live. Toys line for kids out this summer as well.

Slurry Pumper · 06-02-20, 05:26 PM

Originally posted by homie1975

i prefer growth stocks. makes a lot more money long term than divvies (for me)

Homie has a point here, for me it is more or less a savings account although not exactly. A place to park cash that I can liquidate quickly if I choose but still get a return for putting funds there. Or a place that you check on every week and not be micromanaging the chart on a 15 minute basis. I also like growth stocks, an even speculative shooting star stocks but at a much lower rate of investment. When I do, a lot of the time the money will come from this stock pile.

Goat Milk · 06-02-20, 06:37 PM

Originally posted by CanuckG

$GNUS will be over $5 once that network goes live. Toys line for kids out this summer as well.

You should posted it here when it was 30 cents. Too late now.

Goat Milk · 06-02-20, 06:39 PM

Originally posted by Slurry Pumper

Homie has a point here, for me it is more or less a savings account although not exactly. A place to park cash that I can liquidate quickly if I choose but still get a return for putting funds there. Or a place that you check on every week and not be micromanaging the chart on a 15 minute basis. I also like growth stocks, an even speculative shooting star stocks but at a much lower rate of investment. When I do, a lot of the time the money will come from this stock pile.

So what's you're number 1 growth stock?

Madison · 06-02-20, 07:37 PM

Originally posted by homie1975

finally jumped into OKTA and DOCU. better late than never

My best wishes my friend. MY DCA is way below but I wish you the best as im in with you. BOL

Madison · 06-02-20, 07:39 PM

Originally posted by milwaukee mike

goos (canada goose) is one of the retailers i would avoid like the plague

nordstrom/bloomingdales/etc are sitting on tons of these jackets that they can't do anything with

Agreed.

Madison · 06-02-20, 07:42 PM

Originally posted by homie1975

i prefer growth stocks. makes a lot more money long term than divvies (for me)

Agreed again. But the Goat wants quick double down no??