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Stock Thread (25 Viewers)

Stuborness runs in my family but I think I'm finally ready to admit defeat on oil/UCO here.

I'm down nearly $9,000 since September thanks to my idiocy. FC42 was right and so was Bob about signing off on it weeks ago. For some reason I held on, and added to the position.

Probably going to dump it until I see the trend reverse at the very least. If I'm in it for the long haul, I don't see much difference in striking at 15 dollars instead of the 13 dollars I added earlier this week :bag:

That said...looking for whatever you guys are intrigued by to hide out in for the interim. FCX has also killed me but just seems like such a bargain at almost 6 dollars flat at this rate. I have a small position at 7.32 and might look to add a bit there. KMI is intriguing at it's current price.

I think a fair takeaway for me this, my first year of managing my own investments, is to stay the hell away from Pharma and Chem companies. Seems like these are the most recommended "water cooler"/"hey I got a tip on a stock" picks out there and for every 1 that blows up, 50 others die a slow death or tread water in perpetuity.

Anyway - I'm open to discussing. I'm still open to trying to get the edge on ETFs as that's where my only profit has come from this year.

The good news is, the losses I took with oil and others will help with some of the tax issues I'm going to have year after cashing out a very large portion of my company stock options.

Yeah...im rambling.

 
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Sand said:
skycriesmary said:
Those holding KMI, are you holding and waiting for the rebound, which might be years away, or selling and looking at buying back after a reversal?
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Likely just holding, as a personal lesson/reminder, if nothing else. It's still a huge company with 0 chance of going under, so I feel comfortable just letting it sit.
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Same here.

 
Seriously, it feels like most of the value right now is in oil, and I tend to be a value shopper. It's just a matter of timing from an entry perspective. Those are the 4 on my radar.

Non-oil things that currently intrigue me (which means something may prompt me to buy 1 of the list at some point):

HON (which I just want to own, but am not sure I want to buy at current prices)

CAT

QCOM

IBM

CMG

SFM

 
Wife and I invest a chunk of our Roth for our daughter's college fund instead of using a 529 so I am on the lookout for a great long term stock to hold and collect dividends for 18 years (she is only three months old). Each year we're going to buy a piece of some stock we like and hold it. Started with XOM when she was born in August and we will probably choose another in January for chunk #2. Heavily leaning towards either QCOM or CAT so I'm of like mind with Bob Sacamano. QCOM is my current pick but I'll see where it is in January.

 
pecorino said:
Wife and I invest a chunk of our Roth for our daughter's college fund instead of using a 529 so I am on the lookout for a great long term stock to hold and collect dividends for 18 years (she is only three months old). Each year we're going to buy a piece of some stock we like and hold it. Started with XOM when she was born in August and we will probably choose another in January for chunk #2. Heavily leaning towards either QCOM or CAT so I'm of like mind with Bob Sacamano. QCOM is my current pick but I'll see where it is in January.
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I'm just throwing this out there as an idea.

First...instead of purchasing individual stocks- why not consider ETFs. You can find funds focused on lrg cap stocks that pay dividends, and the ETF will spread your risk.

Second why not be a "futurist" with at least a portion of these investments. Try to look out 10-20 years and focus on what that future might be. Be like Mr McGuire from The Graduate. "There's a great future in _________."

There are ETFs focused on:

Internet; AI; Cyber Security; Biotechnology/Human Genome; Robotics; Water; Food; Cloud Computing; Solar/Alternative/Green Energy; Healthcare...

Not only "might" these show significant appreciation over the next 20 years...as your children grow up, knowing they are an "owner" of these companies might help motivate and direct them in their studies and choices (college, career path, etc).

 
fwiw: I dabble in individual stocks as a very small portion of my portfolio. Usually. :unsure:

As my wife likes to say, it's cheaper for us than if I actually had an account at Bovada.

 
Todem said:
SCTY is being punished today.

Picked up a couple of hundred shares at 29.50.

My one year target is 86 bucks.
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Now it is time to write some covered calls....will see how they look Monday.

 
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siffoin said:
pecorino said:
Wife and I invest a chunk of our Roth for our daughter's college fund instead of using a 529 so I am on the lookout for a great long term stock to hold and collect dividends for 18 years (she is only three months old). Each year we're going to buy a piece of some stock we like and hold it. Started with XOM when she was born in August and we will probably choose another in January for chunk #2. Heavily leaning towards either QCOM or CAT so I'm of like mind with Bob Sacamano. QCOM is my current pick but I'll see where it is in January.
Click to expand...
I'm just throwing this out there as an idea.

First...instead of purchasing individual stocks- why not consider ETFs. You can find funds focused on lrg cap stocks that pay dividends, and the ETF will spread your risk.

Second why not be a "futurist" with at least a portion of these investments. Try to look out 10-20 years and focus on what that future might be. Be like Mr McGuire from The Graduate. "There's a great future in _________."

There are ETFs focused on:

Internet; AI; Cyber Security; Biotechnology/Human Genome; Robotics; Water; Food; Cloud Computing; Solar/Alternative/Green Energy; Healthcare...

Not only "might" these show significant appreciation over the next 20 years...as your children grow up, knowing they are an "owner" of these companies might help motivate and direct them in their studies and choices (college, career path, etc).
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Thanks, Siffoin, ETF's definitely on our radar now.

 
humpback said:
St. Louis Bob said:
Tried to take a small position, 5 shares, at $563 and 10 minutes later MORE E COLI!!! :lmao: ####, sorry Chipotle. Out again at $549.00
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More bad news now, down below $525 AH.
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Another five people in three different states affected by a diff. e coli strain. All ate at CMG. Feeling better about having dumped mine at a loss. (I bought right before the 2nd announcement, thinking the dust had settled,)) Now under 520.

 
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Taking advantage of the mini charge here and sold all my UCO. Will buy some back when I see a trend.

Took a nice massive loss which I need for taxes anyway.

 
I had previously loaded up on UWTI in the 7's (can't recall exactly where) and posted here that I was holding long term. Well a few days later I panicked from all the bad news and gloom and doom and took a 10% bath and sat on the sidelines watching it go into the 6's then 5's then 4's then mid 3's. I just jumped back in at 4.20 and am going to try to (again) hold long term. Gotta think we are near a bottom. My hunch is based on mostly gambling but also based on the news of lower inventories and OPEC potentially cutting back.

 
NajehHejan said:
I had previously loaded up on UWTI in the 7's (can't recall exactly where) and posted here that I was holding long term. Well a few days later I panicked from all the bad news and gloom and doom and took a 10% bath and sat on the sidelines watching it go into the 6's then 5's then 4's then mid 3's. I just jumped back in at 4.20 and am going to try to (again) hold long term. Gotta think we are near a bottom. My hunch is based on mostly gambling but also based on the news of lower inventories and OPEC potentially cutting back.
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Cushing had a build, you need to dive in further than the top line numbers. Draw down in Gulf States, end of year tax purposes... Look for a build in the 2nd week of Jan to pick back up.Any 3x leveraged stock is suicide (holding long term), be very careful.

Highly doubtful OPEC cuts back either in the near future.

 
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St. Louis Bob said:
St. Louis Bob said:
Sold the vast majority of my UCO for a HUGE loss. Bought some USO but keeping some money on sideline for now. Will update actual numbers later.
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Hope I'll find time to do this tomorrow. Life and has been more hectic than usual.
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12/4 added 7 AMZN at $665.92

12/11 added 4 AMZN at $645.00

Have a total of 31 AMZN at $601.64

12/8 took a position in BNY, 330 at $15.14

12/8 took a position in WFC, 91 at $54.95

12/4 sold 1775 UCO at $16.23 for a loss of $23,578.00 :cry: ( I still hold 250 at $18.42)

I have more, will update later. Merry Christmas gentlemen.

 
Portfolio for 2015 - Should finish up around +7-8% YTD

ICE

UA

MELI

TSLA

LNKD

FB

CELG

SCTY

CMG

KMX

AAPL

AMZN

GILD

NKE

DIS

SBUX

Additions going into 2016

Increasing positions in CMG, FB & MELI

Adding FEYE, KMI, CPRX

Adding Mutual Funds FOCPX, FSPHX

 
Had a pretty ####ty year just riding index funds for the most part. Did some tax selling today to balance some gains/losses and crap and will reload in the next year.

 
If history repeats itself, Dr. Doom Faber and Peter Schiff should come out of their caves later this week to proclaim victory, that will be the signal that we are at the bottom..

 
Picked up 150 points in the last hour of the day, remains to be seen if people were shopping.

Meanwhile, Chipotle continues to get slammed.

 
TripItUp said:
Which verticals are value plays in 2016? Housing? healthcare? Energy?
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I don't know about the other two, but I don't see how housing can be a value play from any angle - construction, improvements, etc.

I'm almost on the opposite end of that and think most things housing related are now inflated again. Add in higher rates and you have a recipe for trouble. Just my two pennies.

 
Gun stocks rallying!!! :lmao:

Smith & Wesson surges to new 52-week high

Smith & Wesson beat expectations this morning, just in time for Obama's press conference on gun control today. The president plans to use his executive powers to require stricter background checks, including purchases made at gun shows and online. Should gun manufacturers be worried?

 
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Anybody going to do some buying this morning? I was thinking of starting a Ford position in my Roth for the long term and collect dividends while it just trades in its range. This would not be a short term trade. Got hammered because it didn't meet December expectations but the results were still solid. It looks like it will get dragged down even further today with everything else.

My 2016 stock contest pick, MIXT, had a good day yesterday with increased volume. Looking forward to see if there was anything behind that.

 
St. Louis Bob said:
St. Louis Bob said:
St. Louis Bob said:
Sold the vast majority of my UCO for a HUGE loss. Bought some USO but keeping some money on sideline for now. Will update actual numbers later.
Click to expand...
Hope I'll find time to do this tomorrow. Life and has been more hectic than usual.
Click to expand...
12/4 added 7 AMZN at $665.92

12/11 added 4 AMZN at $645.00

Have a total of 31 AMZN at $601.64

12/8 took a position in BNY, 330 at $15.14

12/8 took a position in WFC, 91 at $54.95

12/4 sold 1775 UCO at $16.23 for a loss of $23,578.00 :cry: ( I still hold 250 at $18.42)

I have more, will update later. Merry Christmas gentlemen.
Click to expand...
Still need to update, will have today or tomorrow.

Just bought 250 UCO @ $11.18 for 500 @ $14.80. Also bought 100 HPQ @ $11.40

 
St. Louis Bob said:
St. Louis Bob said:
St. Louis Bob said:
St. Louis Bob said:
Sold the vast majority of my UCO for a HUGE loss. Bought some USO but keeping some money on sideline for now. Will update actual numbers later.
Click to expand...
Hope I'll find time to do this tomorrow. Life and has been more hectic than usual.
Click to expand...
12/4 added 7 AMZN at $665.92

12/11 added 4 AMZN at $645.00

Have a total of 31 AMZN at $601.64

12/8 took a position in BNY, 330 at $15.14

12/8 took a position in WFC, 91 at $54.95

12/4 sold 1775 UCO at $16.23 for a loss of $23,578.00 :cry: ( I still hold 250 at $18.42)

I have more, will update later. Merry Christmas gentlemen.
Click to expand...
Still need to update, will have today or tomorrow.

Just bought 250 UCO @ $11.18 for 500 @ $14.80. Also bought 100 HPQ @ $11.40
Click to expand...
/smacks Bob's hand

 
Curious for some advice from people in this thread, already posted similar in the retirement thread...

My 401k is a company sponsored plan, my options are highly limited, either a targeted date fund, or a balance of this; http://i.imgur.com/o7xbdSI.png

That image is all of my options unfortunately outside of the date fund. Over the last decade the date funds have gotten blown out of the water by the S&P, I think the date funds are easy, but rebalancing might be worthwhile, even with limited choices. We can say retirement for me is 30 years away and I could care less about the ups and downs (regardless of how severe) on the ride to retirement.

Any advice in here on my options in there?

 
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FC, if your options are a bunch of Vanguard Admiral funds, things could be a lot worse. I have 80% of my retirement split between S&P and small-cap funds of theirs. You're substantially younger, you might want a bigger chunk of small-cap, and the rest in the total market fund. As you age, consider a slice of bonds to smooth out the ride. HTH, YMMV, YIC.

 
spreagle said:
Former Fed governor Fisher yesterday on CNBC, "We totally goosed the stock market for 6 years trying to achieve the wealth effect and have no ammo left so stocks are going to stink for a while and possibly crash. Sorry about that if you bought at the top but you were all warned to get out." Just watch the first video interview, it's jaw dropping.

http://www.zerohedge.com/news/2016-01-05/we-frontloaded-tremendous-market-rally-former-fed-president-admits-warns-no-ammo-lef?page=1
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Interesting twist of words

 
lod01 said:
If history repeats itself, Dr. Doom Faber and Peter Schiff should come out of their caves later this week to proclaim victory, that will be the signal that we are at the bottom..
Click to expand...
Faber opened his cakehole this morning. If Schiff can come on and scream that it's all over, we will rally big.

 
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