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Stock Thread (49 Viewers)

With the market so hot curious where anyone sees value opportunity out there? I’ve been putting money into Vanguard funds steadily still but don’t feel great about the value at this level. 

 
This reminds me of 2017 where stocks and bonds did well.  The Fed is on hold right now, low unemployment, earnings are solid, and inflation is still low.  Don't fight the Fed!

 
Dip?

is this politics thread shtick I don’t get or something? 
If someone even hints that stocks might go down is that political? Second time now that someone has mentioned politics to me and I can’t see where I’ve posted one thing political. 

Is this the new FFA shtick?

 
If someone even hints that stocks might go down is that political? Second time now that someone has mentioned politics to me and I can’t see where I’ve posted one thing political. 

Is this the new FFA shtick?
Not that I know of. Somebody mentioned it above so I figured you were one of the crazies let out of the bin.

Why do you think there will be a dip tomorrow. 

 
Not that I know of. Somebody mentioned it above so I figured you were one of the crazies let out of the bin.

Why do you think there will be a dip tomorrow. 
Futures were down 400 points last I looked. If I say why maybe I’ll be blasted for talking politics over here idk

 
He always tried to make it political, shouldn't have responded.

Any value you see out there?
appears oil is going up because of the middle East & elsewhere.   RDS(royal dutch shell) does have a nice dividend.   That is all I know & it is not much.  I love reading this thread & may have missed out on a lot.

 
Siff is definitely next level. Anyone buying up gold or other commodities now while we aren’t in a panic? Also any thoughts on gold etf vs actual gold for simplicity?

Thanks @irishidiot on the RDS, that may be a good position to add to. 

 
tbh, I mainly follow @siffoin here. Dude seems to know stuff.  Anything else you homos post is mostly noise.

That dude says sell I'd probably just cash it all in that day.  

Guy basically called this bounce back, and also said late 2019 would black swan.  I'm waiting for an update on that part.
What the heck does that mean? I searched black swan event but does he think that will happen?

 
Gotta think after that Sunday bomb tweet the market being only down 1% is pretty bullish.

That said I bought some ECC with monies that I have to disburse at year's end.  Economy is doing well, so I'm taking a bit of risk with that - big dividend (something I wouldn't do if economic signals were different).

stbugs said:
What the heck does that mean? I searched black swan event but does he think that will happen?
The whole concept of a black swan is something unpredictable.  So I doubt Siffoin actually said that.  He may be talking about an inflection point in the economy, though, which is altogether possible.

ETA:  So I'm a homo.  Damn.  Guess I need to have a heart to heart with the wife.

 
thanks.

there was obviously real news yesterday. not sure why you had to be so coy about sharing any details of it.
I have to giggle at the concept of a POTUS tweet being a bit of "coy news".

The regular news talking heads were breathless last night in their coverage of that one.  I think Cramer had a thrill up his leg this morning.

 
I have to giggle at the concept of a POTUS tweet being a bit of "coy news".

The regular news talking heads were breathless last night in their coverage of that one.  I think Cramer had a thrill up his leg this morning.
guess I tuned out since it was Sunday.

this doesn't seem nearly as bad as they projected though.

 
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culdeus said:
tbh, I mainly follow @siffoin here. Dude seems to know stuff.  Anything else you homos post is mostly noise.

That dude says sell I'd probably just cash it all in that day.  

Guy basically called this bounce back, and also said late 2019 would black swan.  I'm waiting for an update on that part.
Let's start by getting a few things corrected.

#1: I'm a ####### in general. This can be verified by family and friends.

#2: My take on the overall LT Market Trend has been consistent for almost 3 years.  IT'S BULLISH.  I post the LT chart almost every month on Twitter and the only change is the new monthly bar as time moves forward.  The mini-crash in Oct-Dec was one where the Daily (ST Charts) were bearish (indicating a need for concern/hedging protection/plan development).  However the LT Trend NEVER turned bearish (although it was mighty close).

#3:  Aggressive followers of the LT Trend had an excellent opportunity to buy near the Dec low at support levels.  These support levels were posted a number of weeks prior to the $SPY hitting those levels too ($SPY @ $240ish).

#4:  If/When the market turns bearish in the future, it is my belief that the initial drop will be followed by a bounce back towards the old highs.  Meaning - if/when the market ever turns bearish there are decent/high odds that you would be able to exit positions above that first punch to the face.  Obviously - this requires some careful monitoring and a level of acceptance that "timing" is Not a Game of Perfect. (but the same holds true for buying at support in a bull market- you're not looking for perfection just trying to be "good enough/bold enough").  It is a process of LT market trends when they flip and might take a couple months+ to unfold.

#5: Where I sit right now...I think if/when the market turns bearish - that bear trend will likely last at a minimum of 9 months...more likely it will last 3-5 years. And there will be massive bullish spikes all the way to that eventual bottom.

#6: Black Swan event.  I don't recall this but I'm not saying I didn't either.  Remember I'm a #######.  Personally, I believe that there are so many global risks out there that any one or combination of could result in a quick flip from Bull to Bear.  My Black Swan nightmare is multiple SHTF events occurring at the same time.

#7: My personal observation of the LT Trend would suggest that - at a minimum - we are a few months from even being able to call a bear market.  Is it possible that the highs are in? Yes.  But we need to close below $SPY $275ish on a monthly chart before a LT Trend change will occur.  And $275ish is a long way from here.  That's why I'd say a few months of drift down would be the best and soonest Bear case.  Again - my opinion would be a trend flip sometime in the late summer early fall.  But understand- I'm NOT saying the trend WILL flip then...just that time frame would fit for a potential trend flip where we sit today.

#8: It's difficult for me to find much value in stocks these days.  So the best case for "trading for ST gains" is momentum fliers.  If you want my honest opinion - all of us should just be long the $SPY - set it and forget it until the trend changes.

#9: Follow up to #8.  I can't quantify it for you...but to me it seems that the risk of new long positions might not be worth the potential reward.  When $SPY was at $240ish in December I felt differently.  To put it in laymans terms - generally speaking it seems like where we are at now best case is to risk $1 to make $.80.  That's uncomfortable.

#10:  Like always I reserve the right to change my mind.  I think the LT chart posted should keep you safe enough to help determine market trend - not un-scarred - but safe enough.  But remember if you check that chart out please do your own due diligence and not blindly follow the opinion of a #######. Good luck!

Twitter link to chart.

 
Let's start by getting a few things corrected.

#1: I'm a ####### in general. This can be verified by family and friends.

#2:.......


Thanks for that amazing reply.  Regarding #1, don't sell your self short (funny for a stock thread?), there are bigger #######'s on these boards that never admit to it!  I find your replies concise, data driven and not condescending.  That's pretty refreshing!

:shrug:

 
#8: It's difficult for me to find much value in stocks these days.  
Should be #1.  Pure secular bull trend and there isn't much that's undervalued at the moment.  Except maybe CVX, who hasn't recovered yet from their merger escapade and it looks like they'll pocket a nice 1B just for window shopping.

 
Should be #1.  Pure secular bull trend and there isn't much that's undervalued at the moment.  Except maybe CVX, who hasn't recovered yet from their merger escapade and it looks like they'll pocket a nice 1B just for window shopping.
Let’s change one letter, thoughts on CVS?

 
Started half a position in Majesco (MJCO). They're basically moving the archaic insurance sector's systems to the cloud. Small cap, lightly traded, but counts MET Life as a client. They're unveiling a new brand next week at their conference so I may complete my position after that.  Looks like a decent shot at a long-term homerun ball.
Bought more of this stuff. I'm pretty excited by what this might turn into. 

Started positions in CRM and GLW today. :shrug:  I got time.

 
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Looks like another hideous day. What an ugly week. 
I’m straddling the fence on this. I don’t like Amazon going down but I’m not going to need any for college until next year. I’ve got a bunch of cash waiting so this pause isn’t really a bad thing. I just need to decide what I want to go long on.

 
If the trade meetings are positive tomorrow, we go up. If not, look out below. Tariffs are set to kick in after midnight I believe unless Trump wants the market to rebound.

 
If the trade meetings are positive tomorrow, we go up. If not, look out below. Tariffs are set to kick in after midnight I believe unless Trump wants the market to rebound.
Have to think their will be good news. He’s not looking for the market to crash (I don’t think :unsure:  )

 
Have to think their will be good news. He’s not looking for the market to crash (I don’t think :unsure:  )
Even if it isn't a done deal tonight or tomorrow and we sell off, it's only a matter of time before it recovers. Best case scenario for the markets is Trump comes out tonight and says the tariffs are on hold.

 

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