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

**Iona** · 05-18-20, 10:13 AM

Originally posted by jjgold

buy and hold solid companies 20 years

anyone trading in and out a lot goes broke

I expect us to be range bound for the foreseeable future :-)

**pavyracer** · 05-18-20, 02:45 PM

Originally posted by pavyracer

You buy a little at a time. This is why you have cash on the side. There is no news driving this selling right now. The market will shoot back where it was last week in short time.

How you like me now? Told you to buy the dip last week. Now you got short squeezed!

**milwaukee mike** · 05-18-20, 02:49 PM

Originally posted by pavyracer

How you like me now? Told you to buy the dip last week. Now you got short squeezed!

good call pavy

it's unreal how much money i'm making

just today
play +18%
penn +15%
home +23%
ryi +17%

**Slurry Pumper** · 05-18-20, 03:49 PM

Yay they ran the market back up to the top of the range we have been in for the last couple of months. Tomorrow could be a key day to see if we can move above the resistance at this level with some volume. Today I am starting to see a little sign of life out of the banks, industrial, and small (IWM) bidness. My short squeeze doesn't happen until we get above the resistance, and if we do the mere fact that I and a shit load of others will have to buy back our shares should be enough to catapult the S&P up another 100 to 150 points easily. That only happens with volume, financial,industrial, and small to mid cap stocks. If the Fang stocks are in charge, then the violent uptake will be muted and some of us will think that we are being head faked.

**navyblue81** · 05-18-20, 04:15 PM

Anyone have any advice on Moderna? I'm so pissed because I invested in it this morning but the money didn't take until the afternoon and it actually dropped 0.36% from the time it kicked in. Pissed off. But I was wondering if it's worth keeping in and if it will keep going up? I would think if it's going to be behind the vaccine, that it should keep going up.

Still waiting for gas to kick up. Have my stock in Phillips 66 and it's stuck in neutral.

**guitarjosh** · 05-18-20, 04:25 PM

Originally posted by navyblue81

Anyone have any advice on Moderna? I'm so pissed because I invested in it this morning but the money didn't take until the afternoon and it actually dropped 0.36% from the time it kicked in. Pissed off. But I was wondering if it's worth keeping in and if it will keep going up? I would think if it's going to be behind the vaccine, that it should keep going up.

Still waiting for gas to kick up. Have my stock in Phillips 66 and it's stuck in neutral.

I wouldn't own it, falling sales and negative margins = bad performance. I'm assuming you bought it because it has gone up so much recently, but I think it's too far too fast and would expect a pullback.

**navyblue81** · 05-18-20, 05:05 PM

Originally posted by guitarjosh

I wouldn't own it, falling sales and negative margins = bad performance. I'm assuming you bought it because it has gone up so much recently, but I think it's too far too fast and would expect a pullback.

I bought it hoping they would produce the vaccine. But I’m worried it may have peaked today and bad news tomorrow may send it tumbling back down.

Holding on to Phillips 66. Gas can’t go any lower. Expect good results there within a couple months.

**KnuckleHeadz** · 05-18-20, 05:53 PM

Originally posted by navyblue81

I bought it hoping they would produce the vaccine. But I’m worried it may have peaked today and bad news tomorrow may send it tumbling back down.

Holding on to Phillips 66. Gas can’t go any lower. Expect good results there within a couple months.

And grab some MPC.. it climbed just shy of $5.00 today and will be around $50 before end of year

**Snowball** · 05-18-20, 05:58 PM

Chart Update on the SPG buy I posted here last week:

**Slurry Pumper** · 05-18-20, 06:06 PM

Originally posted by navyblue81

Anyone have any advice on Moderna? I'm so pissed because I invested in it this morning but the money didn't take until the afternoon and it actually dropped 0.36% from the time it kicked in. Pissed off. But I was wondering if it's worth keeping in and if it will keep going up? I would think if it's going to be behind the vaccine, that it should keep going up.

Still waiting for gas to kick up. Have my stock in Phillips 66 and it's stuck in neutral.

I have no opinion on moderna, I believe the Oil sector is about to take off, in fact just today I started to buy some SLB or schumbersha or however you spell it. Phillips isn't a total oil play, but I see the starting of the oil patch return so you should get some improvement from past performance.

**Slurry Pumper** · 05-18-20, 06:10 PM

Originally posted by Snowball

Chart Update on the SPG buy I posted here last week:

I'd like to see another day of follow through to get in, but agree with your assessment.

**navyblue81** · 05-18-20, 06:16 PM

Originally posted by KnuckleHeadz

And grab some MPC.. it climbed just shy of $5.00 today and will be around $50 before end of year

Mpc? Marathon petroleum?

**Snowball** · 05-18-20, 06:17 PM

Originally posted by Slurry Pumper

I'd like to see another day of follow through to get in, but agree with your assessment.

Yes. Would rather own it over 57 than under 55, as ironic as that sounds, it's true. This was 150 dollar stock pre-Covid.

**Snowball** · 05-18-20, 06:19 PM

Originally posted by navyblue81

Mpc? Marathon petroleum?

MPC is also on my watchlist, right next to GLP in the convenience store/gas pumper.

**navyblue81** · 05-18-20, 06:21 PM

All things oil and gas on my list. It just can’t drop anymore. Just trying to find the best bargain there.

**KnuckleHeadz** · 05-18-20, 06:28 PM

Originally posted by navyblue81

Mpc? Marathon petroleum?

Yes.... I work at the largest facility they own on the west coast and we’ve yet to slow down during this pandemic.. we have made significant moves in the last few weeks to put us in very good position to rebound here shortly. We also supply California with 25% of its gasoline

**navyblue81** · 05-18-20, 06:31 PM

Originally posted by KnuckleHeadz

Yes.... I work at the largest facility they own on the west coast and we’ve yet to slow down during this pandemic.. we have made significant moves in the last few weeks to put us in very good position to rebound here shortly. We also supply California with 25% of its gasoline

Cool. I’ll put $1k in there.

Gonna hold on to Moderna. Just read an article that it’s expected to jump another 25% this week with positive ratings on vaccine.

Read a few experts who are also high on Pinterest.

**milwaukee mike** · 05-18-20, 07:23 PM

Originally posted by navyblue81

Anyone have any advice on Moderna? I'm so pissed because I invested in it this morning but the money didn't take until the afternoon and it actually dropped 0.36% from the time it kicked in. Pissed off. But I was wondering if it's worth keeping in and if it will keep going up? I would think if it's going to be behind the vaccine, that it should keep going up.

Still waiting for gas to kick up. Have my stock in Phillips 66 and it's stuck in neutral.

are you talking psx?

it was up 7.5% today, and up 90% in the past 2 months, that's hardly neutral!

**Gmen30** · 05-18-20, 07:26 PM

Originally posted by milwaukee mike

are you talking psx?

it was up 7.5% today, and up 90% in the past 2 months, that's hardly neutral!

You off the wagon?

**Skidcom** · 05-18-20, 07:30 PM

Will vaccines even be profitable? Can't believe Novavax can increase market capitalization of 2 billion plus because they received a $380 + million investment for vaccine development?

**navyblue81** · 05-18-20, 08:02 PM

Originally posted by milwaukee mike

are you talking psx?

it was up 7.5% today, and up 90% in the past 2 months, that's hardly neutral!

I got it at 73 in mid-May. That’s when I bought the stock.

**SBR_Guest_Pro** · 05-18-20, 08:13 PM

Originally posted by KnuckleHeadz

And grab some MPC.. it climbed just shy of $5.00 today and will be around $50 before end of year

I see it at $35.. am i missing something?

**navyblue81** · 05-18-20, 08:19 PM

Originally posted by SBR_Guest_Pro

I see it at $35.. am i missing something?

I think he means it climbed a total of $5 today, not to the mark of $5.

**KnuckleHeadz** · 05-18-20, 08:36 PM

Originally posted by SBR_Guest_Pro

I see it at $35.. am i missing something?

Not at all. I mentioned it climbed just shy of $5.00 on the day and sitting at $35.

**milwaukee mike** · 05-18-20, 08:46 PM

Originally posted by navyblue81

I got it at 73 in mid-May. That’s when I bought the stock.

it's a good hold from there, just keep cashing dividends... if you want extra returns sell $80 or $90 call options against it

**SBR_Guest_Pro** · 05-18-20, 09:04 PM

Originally posted by KnuckleHeadz

Not at all. I mentioned it climbed just shy of $5.00 on the day and sitting at $35.

Okay makes more sense. thanks for clarifying. Not as excited about a $15 growth by end of year to 50

**navyblue81** · 05-18-20, 09:04 PM

Originally posted by milwaukee mike

it's a good hold from there, just keep cashing dividends... if you want extra returns sell $80 or $90 call options against it

It was at $110 a few months back. Hoping it starts climbing back close to that number here in the next month.

**Goat Milk** · 05-18-20, 09:07 PM

GERN on the rise past few week

Almost doubled up

**milwaukee mike** · 05-18-20, 09:25 PM

Originally posted by navyblue81

It was at $110 a few months back. Hoping it starts climbing back close to that number here in the next month.

i would be surprised if it got back there any time this year... oil was $60/barrel vs $30/barrel now, and all their other revenue streams were generating a lot more revenue

so much demand erosion, and supply all over the place that nobody knows what to do with, i don't see how oil prices are gonna go up that much further from here... just think of all the jet fuel/diesel fuel/etc that has been going unused

so yes it was a hell of a buy at $40-60 but i don't see why it should be worth as much as it was before the world stopped

**KnuckleHeadz** · 05-18-20, 09:40 PM

Originally posted by SBR_Guest_Pro

Okay makes more sense. thanks for clarifying. Not as excited about a $15 growth by end of year to 50

It was at $68 in October.. I was being modest and not trying pump it all up... we shall see soon enough

**navyblue81** · 05-19-20, 09:11 AM

Today could be a rough day for trading. Seemingly everything down this morning.

**Slurry Pumper** · 05-19-20, 09:20 AM

Originally posted by navyblue81

Today could be a rough day for trading. Seemingly everything down this morning.

The market moved to the top of the trading range yesterday. Today we have the financial guys testifying before congress. Which means Democrats will be hammering them with stupid questions trying to probe out how they are fukking the average person. This won't end well. Market is hanging in there so far but well see. We are still in the I-beam of bullshit pattern we have been in for the last couple of months.

**Iona** · 05-19-20, 10:46 AM

Earnings after the close today:

**Iona** · 05-19-20, 11:12 AM

Earning before the open tomorrow:

**d2bets** · 05-19-20, 11:56 AM

Originally posted by d2bets

NVDA went into hyperdrive today up almost 6% blasting through ATH. Weird too because semis had a bad day SOXX down over 2%. NVDA earnings next week Thursday. NVDA up about 70% from the March lows less than 2 months ago. What a buying oppo that was.

And another $22+ since. Earnings Thursday ATB should be interesting.