John Bender
Footballguy
I'm definitely buying some TVIX today.
Nice opportunity to ride it back up to 12 dollars or so again and sell it off.
Nice opportunity to ride it back up to 12 dollars or so again and sell it off.
I bought 100 NVCR or Friday @ $17.75. Sheesh, wish I would have bought 10,000.
what happened here bob?I bought 100 NVCR or Friday @ $17.75. Sheesh, wish I would have bought 10,000.![]()
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IPO was at $22 but bad timing with all the biotechs getting killed. It was actually down to the high $15 I believe, was way up when I bought it. They have a promising new cancer drug that is supposed to be really close to coming to market.what happened here bob?I bought 100 NVCR or Friday @ $17.75. Sheesh, wish I would have bought 10,000.![]()
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IPO was at $22 but bad timing with all the biotechs getting killed. It was actually down to the high $15 I believe, was way up when I bought it. They have a promising new cancer drug that is supposed to be really close to coming to market.what happened here bob?I bought 100 NVCR or Friday @ $17.75. Sheesh, wish I would have bought 10,000.![]()
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Ata baby!I bought 100 NVCR or Friday @ $17.75. Sheesh, wish I would have bought 10,000.![]()
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Out at $25.95 for a profit of $820 or 46%.I bought 100 NVCR or Friday @ $17.75. Sheesh, wish I would have bought 10,000.
I'll be looking to move my IRA portfolio once again.YepAnyone have any recommendations for brokers without many restrictions? I've been watching TVIX, was going to get in yesterday, then found out Merrill Edge blocks trading this, along with a few others I've looked at.I'll be looking to move my IRA portfolio once again.
Oh, and UCO is looking damn tempting again at $23.
Careful with the UCO, IMO - refinery maintenance season and less oil being used than in the summer... Could see some inventory builds.YepAnyone have any recommendations for brokers without many restrictions? I've been watching TVIX, was going to get in yesterday, then found out Merrill Edge blocks trading this, along with a few others I've looked at.I'll be looking to move my IRA portfolio once again.
Oh, and UCO is looking damn tempting again at $23.
Snagged some TVIX myself this morning at 7.99
already made 300 bucks in about an hour![]()
I hear ya but I'm locked in on it for the long run. No sizable dip is going to scare me off of my current shares at least.Careful with the UCO, IMO - refinery maintenance season and less oil being used than in the summer... Could see some inventory builds.YepAnyone have any recommendations for brokers without many restrictions? I've been watching TVIX, was going to get in yesterday, then found out Merrill Edge blocks trading this, along with a few others I've looked at.I'll be looking to move my IRA portfolio once again.
Oh, and UCO is looking damn tempting again at $23.
Snagged some TVIX myself this morning at 7.99
already made 300 bucks in about an hour![]()
It is a leveraged ETF, be careful of decay if your plans are long term.I hear ya but I'm locked in on it for the long run. No sizable dip is going to scare me off of my current shares at least.Careful with the UCO, IMO - refinery maintenance season and less oil being used than in the summer... Could see some inventory builds.YepAnyone have any recommendations for brokers without many restrictions? I've been watching TVIX, was going to get in yesterday, then found out Merrill Edge blocks trading this, along with a few others I've looked at.I'll be looking to move my IRA portfolio once again.
Oh, and UCO is looking damn tempting again at $23.
Snagged some TVIX myself this morning at 7.99
already made 300 bucks in about an hour![]()
I'm happy to hold this thing for a year or two if that's what it takes (or go broke doing so)
I took a small position recently. I'll be adding more tomorrow hopefully.And now NFLX...fantasycurse42 said:On another note, Walmart![]()
Already recovered a lot of the initial selling.I took a small position recently. I'll be adding more tomorrow hopefully.And now NFLX...fantasycurse42 said:On another note, Walmart![]()
Glad to see silver is still running though.
Walmart warned due primarily to the cost of higher wages - raised to $10 per hour. Which just goes to show that we live in a world where pretty much every thing you buy at a Walmart or Best Buy or any other major retailer - and certainly everything that you eat has to be produced by people working at slave labor wages.fantasycurse42 said:On another note, Walmart![]()
What would you recommend?Walmart warned due primarily to the cost of higher wages - raised to $10 per hour. Which just goes to show that we live in a world where pretty much every thing you buy at a Walmart or Best Buy or any other major retailer - and certainly everything that you eat has to be produced by people working at slave labor wages.fantasycurse42 said:On another note, Walmart![]()
Nothing. The stock market isn't a venue of morality. These things resolve on their own accord---sometimes seamlessly- sometimes not.What would you recommend?Walmart warned due primarily to the cost of higher wages - raised to $10 per hour. Which just goes to show that we live in a world where pretty much every thing you buy at a Walmart or Best Buy or any other major retailer - and certainly everything that you eat has to be produced by people working at slave labor wages.fantasycurse42 said:On another note, Walmart![]()
Walmart loses $21bn in market value after it forecasts drop in 2017 earningsfantasycurse42 said:On another note, Walmart![]()
While the Walton family lost around $9bn due to the stock crash, Warren Buffett's Berkshire Hathaway that owns 2.1% in the company lost $453.6m.
So a wiz at the markets, but not so much at remembering constitutional amendments...Walmart warned due primarily to the cost of higher wages - raised to $10 per hour. Which just goes to show that we live in a world where pretty much every thing you buy at a Walmart or Best Buy or any other major retailer - and certainly everything that you eat has to be produced by people working at slave labor wages.fantasycurse42 said:On another note, Walmart![]()
At least you didn't buy it in January when it was breaking 30.Bought some CALA this morning and damn if the thing didn't start dropping like a rock almost as soon as I did.
I'm not sure what your question is.After all the ups and downs both my kids accounts for college are at the threshold where they show a long term cap gain equal to a short term cap loss more or less.
Usually when I'm +/- I try to take the short term loss and balance it out with a little long term gain.
What isn't clear is if there is a stop loss rule on this type of move. I've never really seen something one way or the other. I hold all Schwab index funds of the normal vanilla variety and could easily buy their analog in ishares or fidelity or whatever to rebalance.
Thoughts?
Bought 250 @ $20.01Out at $25.95 for a profit of $820 or 46%.I bought 100 NVCR or Friday @ $17.75. Sheesh, wish I would have bought 10,000.![]()
If I sell SNP500 Index Fund from Ishares at a loss and buy a SNP500 Index Fund from vangaurd am I in the stop loss rule or not?I'm not sure what your question is.After all the ups and downs both my kids accounts for college are at the threshold where they show a long term cap gain equal to a short term cap loss more or less.
Usually when I'm +/- I try to take the short term loss and balance it out with a little long term gain.
What isn't clear is if there is a stop loss rule on this type of move. I've never really seen something one way or the other. I hold all Schwab index funds of the normal vanilla variety and could easily buy their analog in ishares or fidelity or whatever to rebalance.
Thoughts?
Wash rule is 30 days. As long as it isn't the same ticker, you're good.If I sell SNP500 Index Fund from Ishares at a loss and buy a SNP500 Index Fund from vangaurd am I in the stop loss rule or not?I'm not sure what your question is.After all the ups and downs both my kids accounts for college are at the threshold where they show a long term cap gain equal to a short term cap loss more or less.
Usually when I'm +/- I try to take the short term loss and balance it out with a little long term gain.
What isn't clear is if there is a stop loss rule on this type of move. I've never really seen something one way or the other. I hold all Schwab index funds of the normal vanilla variety and could easily buy their analog in ishares or fidelity or whatever to rebalance.
Thoughts?
This is called the "wash sale" rule, not stop loss. You can't buy a "substantially identical" stock or security (or options, etc). It's a gray area and "substantially identical" hasn't been specifically defined by the IRS, but I wouldn't risk subbing in one S&P 500 fund with another. Safer bet would be to switch to something like a total market fund, large cap index, etc.If I sell SNP500 Index Fund from Ishares at a loss and buy a SNP500 Index Fund from vangaurd am I in the stop loss rule or not?I'm not sure what your question is.After all the ups and downs both my kids accounts for college are at the threshold where they show a long term cap gain equal to a short term cap loss more or less.
Usually when I'm +/- I try to take the short term loss and balance it out with a little long term gain.
What isn't clear is if there is a stop loss rule on this type of move. I've never really seen something one way or the other. I hold all Schwab index funds of the normal vanilla variety and could easily buy their analog in ishares or fidelity or whatever to rebalance.
Thoughts?
To be safe if you sell IVV you can buy something like RSP, which has substantially similar results, but tracks a different index (equal weight vs. cap weight).This is called the "wash sale" rule, not stop loss. You can't buy a "substantially identical" stock or security (or options, etc). It's a gray area and "substantially identical" hasn't been specifically defined by the IRS, but I wouldn't risk subbing in one S&P 500 fund with another. Safer bet would be to switch to something like a total market fund, large cap index, etc.If I sell SNP500 Index Fund from Ishares at a loss and buy a SNP500 Index Fund from vangaurd am I in the stop loss rule or not?I'm not sure what your question is.After all the ups and downs both my kids accounts for college are at the threshold where they show a long term cap gain equal to a short term cap loss more or less.
Usually when I'm +/- I try to take the short term loss and balance it out with a little long term gain.
What isn't clear is if there is a stop loss rule on this type of move. I've never really seen something one way or the other. I hold all Schwab index funds of the normal vanilla variety and could easily buy their analog in ishares or fidelity or whatever to rebalance.
Thoughts?
wow.AMZN!!!!![]()
ETA
GOOGL!!!!!!![]()
I've been sick since 10/13 (thanks kids!!!) but feel GREAT now!! :breakdance:wow.AMZN!!!!![]()
ETA
GOOGL!!!!!!![]()
after hours trading
AMZN +10%
GOOG +11%
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they crushed it on their quarterly earnings report. 3rd Q sales up 23% from last year.Jesus AMZN is the gift that keeps giving...what is going on with the after hours spike?