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

[ex50warrior]

Agree. It may not work out but I sold put options on some beaten down stocks I'd like to own. Collected some nice premium. And if I end up getting the stocks at the lower strike price I'll be fine with them. I'm prepared to do more of the same if the market moves lower.

[Madison]

Just used dry power to buy a smidge of my high conviction stocks.

Not sure Im right here but KEY is to watch the babies being thrown of with the bathwater. Lot of good stk's get tossed with the ETF's due to no problem with them.

[d2bets]

Shaky market with the Tariff drops, wait for more drops then invest is my best guess. Keep it simple...

Shaky? If he stays with these tariffs, we are plunging into a global depression. Only hope is if he quickly decides to reverse course and lie and say that other countries are giving us something. These are all self-inflicted wounds. Each day that this goes on increases the chance that it's irrevocable. The crash could be spectacular. But there might still be a little time to reverse. Trump is an idiot and you know it.

[JIBBBY]

Shaky market with the Tariff drops, wait for more drops then invest is my best guess. Keep it simple...

[ex50warrior]

They better rustle up some buyers quickly.....otherwise this will get real ugly!

[eberetta1]

what are you holding besides Gold ?

TRV has been surviving and nice that we finally get paid interest of 4 pct on our cash holdings after receiving 0 pct interest for 4 years+.

[Madison]

hell if i know.

this is crazy town right now.

i am not even dollar cost averaging, that is how bad it is right now.

Time we should be talking. I have huge list of oversold to be buying. Just cautious.

[homie1975]

Blame whoever. At least you're reading the narrative.

This is where you (buy and hold) should be helping us with an alternative/hold? opinion. And if so, I warned you of catching the knife weeks ago. I want to hear when it's time to try to catch the knife??

hell if i know.

this is crazy town right now.

i am not even dollar cost averaging, that is how bad it is right now.

[homie1975]

Blame whoever. At least you're reading the narrative.

This is where you (buy and hold) should be helping us with an alternative/hold? opinion. And if so, I warned you of catching the knife weeks ago. I want to hear when it's time to try to catch the knife??

i stopped buy and hold method a long time ago.

[Madison]

Here's a company RKT you should have on your watchlist (Long term) under the premise, sooner or later rates will lower and housing will accelerate.

Mr Cooper Stock Surges 26% Pre-Market After Rocket Companies Agrees To Acquire It For $9.4B: Retail’s Not Impressed Yet

[Madison]

how long are you going to blame Biden?

Blame whoever. At least you're reading the narrative.

This is where you (buy and hold) should be helping us with an alternative/hold? opinion. And if so, I warned you of catching the knife weeks ago. I want to hear when it's time to try to catch the knife??

[homie1975]

I read the original WSJ article and it sounds like a very big potential problem. Basically the Biden Administration underwrote a lot of bad mortgages and if we don't keep putting money into the market to keep those loans afloat, we risk a crash. I don't think the conventional wisdom has people from Pennsylvania Ave to Wall Street to Main Street thinking housing will rise in perpetuity the way they did 20 years ago, so there won't be the widespread issuing of derivative insurance products like last time.

how long are you going to blame Biden?

[ex50warrior]

Speaking of Gold, where is Slurry?? Maybe sailed off into the sunset after watching his stockpile soar in value.

[homie1975]

My investments are holding up but I don't know for how long.

what are you holding besides Gold ?

[eberetta1]

My investments are holding up but I don't know for how long.

[homie1975]

liberation day on weds 4/2? i am not a believer, sorry. i want to be but i am not.

[Madison]

Barf Bag???

[homie1975]

secure your bag people

Robin
please expound.

[trobin31]

secure your bag people

[Madison]

MADder cut me some slack.

I just returned last night rom the Big Island of Hawaii so Aloha and Mahalo.

i was gone for 9 days.

in other news, we have given back all of the gains from last week and April 2 is getting here quick.

other countries are puffing their chests out against the bullying.

see Canada.

Apologies to you for being human and enjoying life. Why I'm a para-mutual (Poker/Racing). It's been me against the world and don't think the world will ever squeeze that out of me, to my dismay.

I've been negative (economy/Market) for some time and quite frankly it could be much worse. I keep hearing about all this $ 7B? in CD/MM on the sideline just waiting to buy equities. Fools in my mind as most is Madison like, (Conservation of capital). Show me these stats, grouped by age. Many elderly have spent a lifetime accumulating whatever and SS and interest is their God-Send.

[homie1975]

Homie, you're failing your thread. You poked at me because I innocently started another thread and got a little response. Get real and get going here or let the posting market be itself.

MADder cut me some slack.

I just returned last night rom the Big Island of Hawaii so Aloha and Mahalo.

i was gone for 9 days.

in other news, we have given back all of the gains from last week and April 2 is getting here quick.

other countries are puffing their chests out against the bullying.

see Canada.

[Madison]

I read the original WSJ article and it sounds like a very big potential problem. Basically the Biden Administration underwrote a lot of bad mortgages and if we don't keep putting money into the market to keep those loans afloat, we risk a crash. I don't think the conventional wisdom has people from Pennsylvania Ave to Wall Street to Main Street thinking housing will rise in perpetuity the way they did 20 years ago, so there won't be the widespread issuing of derivative insurance products like last time.

Appreciated!!

[guitarjosh]

Josh, check this ^^ out and comment pls.

I read the original WSJ article and it sounds like a very big potential problem. Basically the Biden Administration underwrote a lot of bad mortgages and if we don't keep putting money into the market to keep those loans afloat, we risk a crash. I don't think the conventional wisdom has people from Pennsylvania Ave to Wall Street to Main Street thinking housing will rise in perpetuity the way they did 20 years ago, so there won't be the widespread issuing of derivative insurance products like last time.

[Madison]

Hello, anyone out there.

[Madison]

Homie, you're failing your thread. You poked at me because I innocently started another thread and got a little response. Get real and get going here or let the posting market be itself.

[Madison]

Josh, check this ^^ out and comment pls.

[Madison]

If you value your $$ I recommend taking the time to read this article. Link below.

Short excerpt : In 2007, 35% of new FHA [Federal Housing Administration] borrowers had debt-to-income ratios above 43%.
By 2020, 54% did.
As housing prices and inflation surged, borrowers became more stretched.
The FHA kept insuring mortgages to borrowers who were increasingly leveraged. About 64% of FHA borrowers last year exceeded the 43% threshold.
The FHA loan portfolio is far riskier than it was before the 2008 housing crisis.
Under the guise of Covid relief, the Biden administration masked the growing troubles in the housing market by paying off borrowers and mortgage servicers to prevent foreclosures.
Of the 52,531 FHA loans last year that went seriously delinquent within their first year, only nine resulted in foreclosure.
The FHA instituted a program that pays mortgage servicers to make borrowers’ missed payments for them. Missed payments are added to the loan’s principal, but without interest…
One result is that many FHA borrowers owe more than their original mortgage and more than their homes are worth. They are essentially trapped in their homes even if they want to sell and move…
Another result is that home prices keep increasing because borrowers who don’t pay their mortgages—and never should have qualified for loans—can’t get foreclosed on or be forced to sell their homes.

The Danger that Could Derail Our Economy

[homie1975]

a little more relief today, but April 2 is bearing down on us..

[homie1975]

i am swing trading TQQQ, SPXL, UDOW. these are 3 to 4x leveraged ETF's on the indexes. i buy the dips and i sell the rips. i do this in my Roth IRA. all tax free whenever i decide to withdraw.

long term i am buying more NVDA and PLTR on dips.

[homie1975]

don't spam the forum Gents, with new stock threads, just post in here.

this week i am watching:

- Fed comments on Wednesday
- Trump tariffs on auto industry abroad probably Wednesday also

things are still very fluid.

right now the soup du jour is Buy the F'ing dips and Sell the F'ing Rips

too much uncertainty out there at these levels,

back to back incredible years so the markets are looking for any reason to sell.

[homie1975]

thank God for the relief rally today but we will need a lot more than this.

we need a catalyst or two to bring us back

[Itsamazing777]

Are we great again?

Yes

[Madison]

Please post more! Josh.

[pavyracer]

Are we great again?

[k13]

Investors love volatility.
That's how you make money.

But for the better of the real economy, money needs to be erased. Only way to lower prices.

Every asset crashing 75% would only take us back to normal.