Thank you for your time and help. Much appreciated!
I'm not sure I have enough active $$ to justify the monthly cost. Is it really 19-59$ a month? I'm trading my retirement on a preservation of capital perspective. I'm really looking to not trade but invest in growth with a safety net below.
Thx again for your help!
Comment
chico2663
BARRELED IN @ SBR!
09-02-10
36915
#7457
Originally posted by trobin31
Watch for NIO, looks poised for a break out if it gets past 21.13
i invested at 2 and took grief in this thread
Comment
d2bets
BARRELED IN @ SBR!
08-10-05
39995
#7458
Stimulus still up the air? Seems mostly anticipated. I think we have to know tonight. if it's a yes, probably tomorrow +1%; if it's a no, down 2.5%, maybe more. Fake market all propped up by free money.
Comment
Madison
SBR Hall of Famer
09-16-11
6479
#7459
Originally posted by d2bets
Stimulus still up the air? Seems mostly anticipated. I think we have to know tonight. if it's a yes, probably tomorrow +1%; if it's a no, down 2.5%, maybe more. Fake market all propped up by free money.
Free money, yes, but I lost a bunch by not understanding the value of free $ in 2009. What 9 trillion in cash on the sidelines now with nowhere to go but equities?? Seems to me in the short term there's a big safety net under equities.
Comment
d2bets
BARRELED IN @ SBR!
08-10-05
39995
#7460
Originally posted by Madison
Free money, yes, but I lost a bunch by not understanding the value of free $ in 2009. What 9 trillion in cash on the sidelines now with nowhere to go but equities?? Seems to me in the short term there's a big safety net under equities.
Only if they pass this one now and even then, it's all baked in and overpriced. 2009 took 4 years to get back to "pre-crash" levels; this one happened in 4 months. Much too far much too fast. Huge pitfalls remain.
Comment
ex50warrior
SBR MVP
10-10-09
3823
#7461
Originally posted by Madison
Free money, yes, but I lost a bunch by not understanding the value of free $ in 2009. What 9 trillion in cash on the sidelines now with nowhere to go but equities?? Seems to me in the short term there's a big safety net under equities.
Spot on. But the real safety net is the Fed, standing by ready to do "whatever it takes." Much to the chagrin of the Bears. Doesn't seem fair.
Comment
d2bets
BARRELED IN @ SBR!
08-10-05
39995
#7462
Originally posted by ex50warrior
Spot on. But the real safety net is the Fed, standing by ready to do "whatever it takes." Much to the chagrin of the Bears. Doesn't seem fair.
The Fed doesn't have much more left. Relying on Congress now. That's always risky.
Comment
ex50warrior
SBR MVP
10-10-09
3823
#7463
Hope it doesn't come to it but they'll be adding ETFs to their balance sheet if a real free-fall were to kick in.
Comment
Lineman
SBR MVP
11-21-09
2598
#7464
Originally posted by Madison
I'm not sure I have enough active $$ to justify the monthly cost. Is it really 19-59$ a month? I'm trading my retirement on a preservation of capital perspective. I'm really looking to not trade but invest in growth with a safety net below.
Thx again for your help!
I am using the free version since my main platform is Tradestation.....
You can do plenty with free version!
guys giveme a thought on this.It goes to nyse oct 8th. If i get 30 a shareit would be lovely.
Comment
trobin31
SBR Hall of Famer
01-09-14
9854
#7466
^
interesting, will add to watchlist... nice yoy growth, I like they have the niche in sports to separate themselves from competitors
Comment
trobin31
SBR Hall of Famer
01-09-14
9854
#7467
It feels gross to a secular trend growth investor like me but I’m looking at beaten down value stocks for trades....assuming tech already severely overweight on fund managers books and they will be looking for value: US Bancorps, Boeing, XLE, XLF to name a few. Maybe some Macy’s and Coty...
any thoughts on beaten down stocks poised for moves with stimulus ?
Comment
chico2663
BARRELED IN @ SBR!
09-02-10
36915
#7468
i think ibm will rise but not willing to invest until shit hits the fan. been playng dividend game. i think if biden gets elected caterpiller and construction companies will go up.
As far as fubo someone was talking about them trying something with draft kings or fan duel.
Comment
trobin31
SBR Hall of Famer
01-09-14
9854
#7469
Sqqq & uvxy ?
Comment
ex50warrior
SBR MVP
10-10-09
3823
#7470
Originally posted by trobin31
It feels gross to a secular trend growth investor like me but I’m looking at beaten down value stocks for trades....assuming tech already severely overweight on fund managers books and they will be looking for value: US Bancorps, Boeing, XLE, XLF to name a few. Maybe some Macy’s and Coty...
any thoughts on beaten down stocks poised for moves with stimulus ?
I bought some BA last Friday but intend to hold it longer term, not looking for a trade. But I like your concept.
Comment
homie1975
SBR Posting Legend
12-24-13
15452
#7471
When JFK was killed the market plummeted for two days then got everything got back. This could draw out due to the time it takes to recover from COVID. But make no mistake about it, he will recover.
Comment
homie1975
SBR Posting Legend
12-24-13
15452
#7472
A better analogy or parallel to this news rather than the JFK murder might be the Reagan shooting where he was in the hospital and we didn't know if he would survive. Luckily it turned out okay but there were some harrowing days for sure.
Comment
homie1975
SBR Posting Legend
12-24-13
15452
#7473
I expect this admin to protect his health status very closely. He could be vented and they'd release a vid of him doing jumping jacks lol
Comment
trobin31
SBR Hall of Famer
01-09-14
9854
#7474
Originally posted by homie1975
When JFK was killed the market plummeted for two days then got everything got back. This could draw out due to the time it takes to recover from COVID. But make no mistake about it, he will recover.
You are more likely to be right than wrong but I wouldn’t emphatically say he will recover. Even with full blast early treatment no one can predict how someone’s immune system will react to the virus.
Comment
homie1975
SBR Posting Legend
12-24-13
15452
#7475
Originally posted by trobin31
You are more likely to be right than wrong but I wouldn’t emphatically say he will recover. Even with full blast early treatment no one can predict how someone’s immune system will react to the virus.
True Trob'er I will amend my odds to 98%, not kidding. The treatments are soooooooo much better now and u know his docs will throw everything at this to keep him upright.
Comment
Madison
SBR Hall of Famer
09-16-11
6479
#7476
Originally posted by d2bets
Only if they pass this one now and even then, it's all baked in and overpriced. 2009 took 4 years to get back to "pre-crash" levels; this one happened in 4 months. Much too far much too fast. Huge pitfalls remain.
When we all need to sober up check the "deficit clock". I spent 5 minutes there earlier this week. Was circa 26/27 Trillion. Was growing by a Million about every 30 seconds. Another stimulus aside I'm very afraid what this is going to do to future generations. I've been waiting for decades for inflation (yeah I know there's some real inflation) but check out history and inflation and what it can do to all our net worth.
Comment
Madison
SBR Hall of Famer
09-16-11
6479
#7477
Originally posted by ex50warrior
Spot on. But the real safety net is the Fed, standing by ready to do "whatever it takes." Much to the chagrin of the Bears. Doesn't seem fair.
Mostly agree, but in 2009 the fed had real interest at 7%. I was short (ended up ok but had serious bleeding at times) and got killed many days when they had an emergency rate drop. Worried what their options are now.
Comment
d2bets
BARRELED IN @ SBR!
08-10-05
39995
#7478
Originally posted by Madison
When we all need to sober up check the "deficit clock". I spent 5 minutes there earlier this week. Was circa 26/27 Trillion. Was growing by a Million about every 30 seconds. Another stimulus aside I'm very afraid what this is going to do to future generations. I've been waiting for decades for inflation (yeah I know there's some real inflation) but check out history and inflation and what it can do to all our net worth.
I agree. The problem isn't now. Shoulda been able to roughly balance the budget in "good times" so that you have cushion for bad times. Where's Ross Perot?
Comment
Madison
SBR Hall of Famer
09-16-11
6479
#7479
Originally posted by ex50warrior
Hope it doesn't come to it but they'll be adding ETFs to their balance sheet if a real free-fall were to kick in.
This thought scares even me. Becoming a communist state, where the government owns us all, although not sure we're not half way there?
Comment
Madison
SBR Hall of Famer
09-16-11
6479
#7480
Originally posted by Lineman
I am using the free version since my main platform is Tradestation.....
You can do plenty with free version!
Thank you again for your time! Will check out.
Comment
Madison
SBR Hall of Famer
09-16-11
6479
#7481
Originally posted by trobin31
It feels gross to a secular trend growth investor like me but I’m looking at beaten down value stocks for trades....assuming tech already severely overweight on fund managers books and they will be looking for value: US Bancorps, Boeing, XLE, XLF to name a few. Maybe some Macy’s and Coty...
any thoughts on beaten down stocks poised for moves with stimulus ?
IMHO beware the banks.
Comment
Madison
SBR Hall of Famer
09-16-11
6479
#7482
Originally posted by homie1975
True Trob'er I will amend my odds to 98%, not kidding. The treatments are soooooooo much better now and u know his docs will throw everything at this to keep him upright.
Waiting on Mods to post odds. Just kidding??
Comment
trobin31
SBR Hall of Famer
01-09-14
9854
#7483
Originally posted by homie1975
True Trob'er I will amend my odds to 98%, not kidding. The treatments are soooooooo much better now and u know his docs will throw everything at this to keep him upright.
They shouldn’t throw anything more than is necessary. Treatments can sometimes cause more harm when used inappropriately. I suspect if he has some symptoms they’d start with remdesivir and maybe azithromycin. I wouldn’t shot gun and give him steroids or convalescent plasma. First do no harm. I’m afraid sometimes the WH docs can be over influenced into making mistakes.
Comment
Madison
SBR Hall of Famer
09-16-11
6479
#7484
Originally posted by d2bets
I agree. The problem isn't now. Shoulda been able to roughly balance the budget in "good times" so that you have cushion for bad times. Where's Ross Perot?
LOL, want to stay clear of politics but he was who I voted for. Wasted effort but oh well...
Comment
chico2663
BARRELED IN @ SBR!
09-02-10
36915
#7485
Originally posted by d2bets
I agree. The problem isn't now. Shoulda been able to roughly balance the budget in "good times" so that you have cushion for bad times. Where's Ross Perot?
Where are fiscal conservatives?
Comment
d2bets
BARRELED IN @ SBR!
08-10-05
39995
#7486
Originally posted by Madison
LOL, want to stay clear of politics but he was who I voted for. Wasted effort but oh well...
Me too. My first vote.
Comment
Slurry Pumper
SBR MVP
06-18-18
2811
#7487
At the gun this morning I bought 100 shares of UPRO, now looking for the market to not only get positive but ride up a couple of points to around 336 on the SPY.
Also may trim my GLD a little down to around 175 shares from 225 by the end of the day. Once the stimulus talks die out, the gold price will fall for GLD to around $170 where I'll buy those 50 and probably another 100 or even 200 shares back.
Comment
BeatTheJerk
BARRELED IN @ SBR!
08-19-07
31794
#7488
Originally posted by Slurry Pumper
At the gun this morning I bought 100 shares of UPRO, now looking for the market to not only get positive but ride up a couple of points to around 336 on the SPY.
Also may trim my GLD a little down to around 175 shares from 225 by the end of the day. Once the stimulus talks die out, the gold price will fall for GLD to around $170 where I'll buy those 50 and probably another 100 or even 200 shares back.
How much you pay to buy & sell ? (Fees)
Comment
Slurry Pumper
SBR MVP
06-18-18
2811
#7489
Originally posted by BeatTheJerk
How much you pay to buy & sell ? (Fees)
I use Ameritrade's Thinkorswim trading platform. They don't have commissions to buy or sell stocks. They do charge for options but I rarely play those types of plays. I'm sure they do charge for margin, but not sure what that is.
Comment
BeatTheJerk
BARRELED IN @ SBR!
08-19-07
31794
#7490
Originally posted by Slurry Pumper
I use Ameritrade's Thinkorswim trading platform. They don't have commissions to buy or sell stocks. They do charge for options but I rarely play those types of plays. I'm sure they do charge for margin, but not sure what that is.