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

**Madison** · 01-14-20, 04:20 PM

Originally posted by homie1975

welcome, M, ...........$IRBT reached an ATH of $129 back in Feb 2019. any idea why such a precipitous drop ??

Primary manufacturing China so big hit on Tariffs (Thus Mar/Apr) dump. Aggressively moving to Malaysia. Also apparently China/Shark possibly stole some of their intellectual patents/property. Some litigation pending.

**Madison** · 01-14-20, 04:24 PM

Originally posted by homie1975

welcome, Madison...........$IRBT reached an ATH of $129 back in Feb 2019. any idea why such a precipitous drop ??

Short squeeze also in play. Lot of short interest which may have been played out.

**Thor4140** · 01-15-20, 05:49 AM

Originally posted by RoyBacon

Thor this thread is for investments and trades.

There are plenty of retarded welfare rat threads to spread your butt hurt propaganda.

Thanks buddy!

Truth stings doesn't it. Just pointing out this is why the stock market is the way it is today just to give you heads up when the bills come in and the crash happens and you will be prepared. I couldn't think of a better way to help this thread. Be prepared. Be very prepared. This is nothing but false hope. A sugar high from people who love to run up credit and never pay for anything including their one sided tax breaks. God bless and God bless America

**RoyBacon** · 01-15-20, 07:39 AM

Originally posted by Thor4140

Truth stings doesn't it. Just pointing out this is why the stock market is the way it is today just to give you heads up when the bills come in and the crash happens and you will be prepared. I couldn't think of a better way to help this thread. Be prepared. Be very prepared. This is nothing but false hope. A sugar high from people who love to run up credit and never pay for anything including their one sided tax breaks. God bless and God bless America

Yea, we know. It started under Bush, Obama rolled up more debt than ALL US POTUS's combined. Trump is continuing the same budget Obama left him except he has cut taxes and rebuilt the military. We know. We have a TV too.

The answer is to grow. Better trade deals, stop vagrants/immigrants, lower regulation, basically everything you are against is how we pay off the debt.

**freeVICK** · 01-15-20, 10:02 AM

Man I know I should sell off everything one of these days, but the market just keep climbing

**d2bets** · 01-15-20, 12:00 PM

Originally posted by freeVICK

Man I know I should sell off everything one of these days, but the market just keep climbing

That's how I feel. I've held on, but it's definitely wise to bank it soon. I might next week.

**chico2663** · 01-15-20, 12:40 PM

Sold my swks and tsm bought 25 fb 6 apple and 2 goog. With my pg think if it crashes should be all right.

**chico2663** · 01-15-20, 12:41 PM

But it is going 2 do a 20 % correction

**homie1975** · 01-15-20, 12:53 PM

Originally posted by freeVICK

Man I know I should sell off everything one of these days, but the market just keep climbing

that's what i'm afraid of also, that i will miss the gains. but nothing is realized until it's sold. i am at minimum 14Y from retirement so I am staying long and not touching it right now. will DCA if the fugger drops enough

**RoyBacon** · 01-15-20, 12:57 PM

Originally posted by homie1975

that's what i'm afraid of also, that i will miss the gains. but nothing is realized until it's sold. i am at minimum 14Y from retirement so I am staying long and not touching it right now. will DCA if the fugger drops enough

Stay with quality. 14 years goes by fast. STWD is at all time high territory. I'd buy BA in here if you don't own it.

**KVB** · 01-15-20, 12:59 PM

Originally posted by RoyBacon

Stay with quality. 14 years goes by fast. STWD is at all time high territory. I'd buy BA in here if you don't own it.

Loving that STWD. They positioned themselves well.

Even with rate changes, we can still win.

I'll start checking in here more often too, been on bit of a break. Maybe get some screens up.

**d2bets** · 01-15-20, 01:31 PM

Originally posted by chico2663

But it is going 2 do a 20 % correction

10%ish. Retest the S&P 3,000 level within a few months.

**homie1975** · 01-15-20, 01:36 PM

Originally posted by RoyBacon

Stay with quality. 14 years goes by fast. STWD is at all time high territory. I'd buy BA in here if you don't own it.

STWD slow and boring Divvy but a great long term hold, no doubt about it.

**homie1975** · 01-15-20, 01:36 PM

Originally posted by d2bets

10%ish. Retest the S&P 3,000 level within a few months.

the steeper the correction the better. i want to buy more.

**Madison** · 01-15-20, 03:05 PM

So, I am retired and preservation of capital is my primary objective. Percentage wise I've got a good chunk in WM, XLU, and XLP. Waste management, Consumer staples and utilities. I've found it interesting that these are relatively safe havens and despite the market continuing to rise they have been on an upward trajectory of late. Is there a message here??

Also, seems BYND has huge upside. Comments appreciated.

IRBT (mentioned a few days ago) has large short interest, trending higher, and is threatening to pressure shorts.

Best to all.

**Madison** · 01-15-20, 03:09 PM

Thinking of dipping my toes into Pot. Maybe small position in Tilray, Cronos, Canopy, and Aurora. Thoughts?

**guitarjosh** · 01-15-20, 03:42 PM

Originally posted by Madison

So, I am retired and preservation of capital is my primary objective. Percentage wise I've got a good chunk in WM, XLU, and XLP. Waste management, Consumer staples and utilities. I've found it interesting that these are relatively safe havens and despite the market continuing to rise they have been on an upward trajectory of late. Is there a message here??

Also, seems BYND has huge upside. Comments appreciated.

IRBT (mentioned a few days ago) has large short interest, trending higher, and is threatening to pressure shorts.

Best to all.

Are you selling covered calls?

**homie1975** · 01-15-20, 03:49 PM

Originally posted by Madison

Thinking of dipping my toes into Pot. Maybe small position in Tilray, Cronos, Canopy, and Aurora. Thoughts?

I like ETFs so for me it would be $MJ

**RoyBacon** · 01-15-20, 03:51 PM

Originally posted by Madison

Thinking of dipping my toes into Pot. Maybe small position in Tilray, Cronos, Canopy, and Aurora. Thoughts?

I would not buy BYND. It trades at 19x book value and not projecting any profits for a while. I would avoid pot too. Until they get off schedule 1 those companies are going to be killed by the IRS(they can not write off many deductions because their product is illegal). Tilray got near $150 and is a $20 stock now.

Your defensive stocks may seem a little boring but they go up. You ain't never gonna see a WM or a WMT drop 80%.

**keely85** · 01-15-20, 03:52 PM

Assuming the markets stop climbing at a certain point, what are some areas that won’t get hit as hard/may improve?

I’m looking to change some allotments in my work 401k sometime soon.

**RoyBacon** · 01-15-20, 03:58 PM

Originally posted by keely85

Assuming the markets stop climbing at a certain point, what are some areas that won’t get hit as hard/may improve?

I’m looking to change some allotments in my work 401k sometime soon.

Cash.

There will be no where to hide when things get rough. I see some folks sneaking into gold and RE for safety but they will be beaten to death too.

Cash, CD's, short term bonds

**Madison** · 01-15-20, 04:31 PM

Originally posted by guitarjosh

Are you selling covered calls?

Have book to be read on calls and options, but right now way over my intellect.

**Madison** · 01-15-20, 04:36 PM

Originally posted by homie1975

I like ETFs so for me it would be $MJ

Been dealing with ETF's for years and feel like our return can be diluted. Especially with Contango, which I arguably don't totally understand but have been burned when I bought/sold oil futures through power shares. USO and Brent.

**Madison** · 01-15-20, 04:41 PM

Originally posted by RoyBacon

Cash.

There will be no where to hide when things get rough. I see some folks sneaking into gold and RE for safety but they will be beaten to death too.

Cash, CD's, short term bonds

Staples for me. People will need toilet paper, cheaper food Costco, and utilities. Gotta keep my azz warm.

I'm not in cash , but short term treasuries and CD's yes. I have some 3.5 % cd's will expire 2021-2025. Will miss those when they expire.

**Madison** · 01-15-20, 04:43 PM

Originally posted by RoyBacon

I would not buy BYND. It trades at 19x book value and not projecting any profits for a while. I would avoid pot too. Until they get off schedule 1 those companies are going to be killed by the IRS(they can not write off many deductions because their product is illegal). Tilray got near $150 and is a $20 stock now.

Your defensive stocks may seem a little boring but they go up. You ain't never gonna see a WM or a WMT drop 80%.

Much appreciated. Thx!

**Madison** · 01-15-20, 04:46 PM

Originally posted by RoyBacon

I would not buy BYND. It trades at 19x book value and not projecting any profits for a while. I would avoid pot too. Until they get off schedule 1 those companies are going to be killed by the IRS(they can not write off many deductions because their product is illegal). Tilray got near $150 and is a $20 stock now.

Your defensive stocks may seem a little boring but they go up. You ain't never gonna see a WM or a WMT drop 80%.

Feeling the pot trade will continue to struggle with the unregulated off market at 50% less.

**Madison** · 01-15-20, 04:48 PM

Originally posted by RoyBacon

Cash.

There will be no where to hide when things get rough. I see some folks sneaking into gold and RE for safety but they will be beaten to death too.

Cash, CD's, short term bonds

Aside from inflation and wage growth RE is a market I know a lot about and it's a dangerous space to be in.

**Sanity Check** · 01-15-20, 04:48 PM

Bitcoin rewards halving is due may 2020.

We can witness a cool contrast between central bank money supply expansion and cryptocurrency deflation in real world application.

**guitarjosh** · 01-15-20, 05:07 PM

Originally posted by Madison

Staples for me. People will need toilet paper, cheaper food Costco, and utilities. Gotta keep my azz warm.

I'm not in cash , but short term treasuries and CD's yes. I have some 3.5 % cd's will expire 2021-2025. Will miss those when they expire.

Nothing wrong with treasuries, the bond market had a great year back in 2008.

**RoyBacon** · 01-15-20, 05:29 PM

Originally posted by guitarjosh

Nothing wrong with treasuries, the bond market had a great year back in 2008.

I'm throwing in some bond target funds from 2022-2028 and some hedged bond funds and floaters. Pretty hard to get an average of 4% while keeping maturities under 8 years.

Tough market.

**homie1975** · 01-15-20, 05:32 PM

Now we have the big hitters like Chico-man, Royer, Josher, and KVBer, all contributing.

this is what we need to help each other in this thread.

**chico2663** · 01-16-20, 01:10 PM

Roy, how long before trump bombs Iran nuke plants? Getting worried about losing gains. Also spt over 20.

**chico2663** · 01-16-20, 01:11 PM

Originally posted by Sanity Check

Bitcoin rewards halving is due may 2020.

We can witness a cool contrast between central bank money supply expansion and cryptocurrency deflation in real world application.

Lite coin halving was a joke.

**RoyBacon** · 01-16-20, 02:52 PM

Originally posted by chico2663

Roy, how long before trump bombs Iran nuke plants? Getting worried about losing gains. Also spt over 20.

I don't think that bombing raid will do anything. It won't be before the election or swearing in. I'll take March '21.

**HockeyRocks** · 01-16-20, 03:47 PM

Originally posted by homie1975

I like ETFs so for me it would be $MJ

Homie, i own Canopy for speculation.... With lots of dough behind them from Constellation Wines and a new CEO that moved over from Cinstellation i have no worries. This bunch from Contellation know how to make money and once a few more regulatory issues are worked out vrooommmmm, watch Canopy move upwards...2020 will separate the men from the boys in this business, lots of buy-outs and bankruptcys this year, look for Canopy to be one of the last one's standing..jmo..