Stock Thread (17 Viewers)

[Mario Kart]

uh oh

 

[fantasycurse42]

uh oh

Futures are down 1%, bad, but not crazy.

Maybe 2016 we get a nasty correction... We have been on a bull run going on almost 7 years. Factor in all the QE and 0% and it is going to happen at some point.

I'd rather just get it out of the way already.

 

[Sand]

uh oh

Futures are down 1%, bad, but not crazy.

Maybe 2016 we get a nasty correction... We have been on a bull run going on almost 7 years. Factor in all the QE and 0% and it is going to happen at some point.

I'd rather just get it out of the way already.

I predicted a 12% decline for 2016 in the stock contest thread. I didn't think I had a shot of getting there in January...

 

[jamny]

ugly

 

[fantasycurse42]

Futures are now down over 2.5%, Nasdaq 3%. Europe getting run over too.

 

[John Bender]

Gonna be doing a lot of shopping today.

 

[The General]

I sold a lot of my stuff yesterday and today. You're welcome for the impending historic run up.

 

[spreagle]

I'm waiting for Obama to say price and earnings ratios have reached attractive levels.

 

[fantasycurse42]

DJIA already up 200 points since open.

 

[jamny]

Soros: It's the 2008 crisis all over again

 

[fantasycurse42]

We've discussed Netflix in here before with differing opinions...

Are they ever going to have to show profit, or can they just talk about their achievements of landing in new countries and continue to the moon?

I mean they have more users than HBO, yet HBO can turn a gigantic profit, yet Netflix has this gigantic valuation. Feels like a lot of air in this one IMO. With that being said, I wouldn't touch it on either side, way to volatile and doesn't seem to play by the rules of more conventional stocks.

 

[culdeus]

Quietly aapl broke through 100.

 

[NREC34]

Bloodbath.

Eff China.

 

[Bob Sacamano]

Meanwhile, XOM just sits there in its comfort zone like nothing's going on.

 

[lod01]

I sold a lot of my stuff yesterday and today. You're welcome for the impending historic run up.

Thanks. Went all in yesterday at close. The way I look at it, I've already beat the averages for 2016 if I just stay in the whole year and vs the buy and hold guy, I gained 4% so far this year.

 

[Brony]

#### stocks.

 

[fantasycurse42]

Quietly aapl broke through 100.

I wouldn't call it quiet, that thing has been in a free fall for the last month.

Meanwhile, right after my NFLX post, it turned and dropped 5%, unbelievably volatile.

 

[lod01]

#### stocks.

In order to find the bottom, this needs to be the consensus.

 

[pecorino]

Good buying opportunities today and also a nice time to rollover pre-tax money into a Roth. You get more bang for your buck by rolling the money over when the value of your pre-tax accounts is lower. Reap the gains (when they eventually come) tax free. On hold on the phone right now making this happen. Gotta love these downturns when your time horizon is 25+ years.

 

[John Bender]

Pretty incredible 2 days here.

This is nuts.

I've bought some AAPL, some FCX.

What's the layman explanation for the VIX not seemingly moving up as inversely as one would think during this run?

 

[culdeus]

Pretty incredible 2 days here.

This is nuts.

I've bought some AAPL, some FCX.

What's the layman explanation for the VIX not seemingly moving up as inversely as one would think during this run?

VIX isn't perfect. There are corner cases where it doesn't model the volatility model at all. It trades mainly on the values of some real short term futures.

 

[shady inc]

Dow down over 6% the last 5 days :(

 

[John Bender]

Pretty incredible 2 days here.

This is nuts.

I've bought some AAPL, some FCX.

What's the layman explanation for the VIX not seemingly moving up as inversely as one would think during this run?

VIX isn't perfect. There are corner cases where it doesn't model the volatility model at all. It trades mainly on the values of some real short term futures.

Thanks - not currently holding any but was curious why it seemed so resistant

 

[fantasycurse42]

I've been holding 2k shares SGYP since it was $3.50 - It shot all the way up to $10.50 and I didn't sell. It closed today at $4.71

FML, pigs get slaughtered.

 

[culdeus]

AAPL in a total freefall now and testing 95 in after hours.

 

[Johnnymac]

I've been holding 2k shares SGYP since it was $3.50 - It shot all the way up to $10.50 and I didn't sell. It closed today at $4.71

FML, pigs get slaughtered.

Same boat with you FC. I dont have that many shares but damn I wish I would have sold when it went over $10

 

[fantasycurse42]

AAPL in a total freefall now and testing 95 in after hours.

P/E will be around 9 soon, some value here, but scared it will get caught in a possible washout. Buy the dip always works, until it doesn't. I think we need a real correction for the market to get back to normal. I'm not talking about the bull#### that happened in August/September followed by an immediate rebound like nothing happened, that is a transferring of wealth... The market shouldn't go to the moon for 7 straight years following the worst economic downturn most of us have ever seen.

With that being said, I am starting to make a list and will be redistributing a lot of dry I've had on the sidelines at some point in 2016.

I've got a list I'm making for long term investments:

I want a big chunk in a S&P fund

I'd like to buy some UGA, gas prices won't stay below $2 forever

Chipotle is of interest to me

I'd like action in Amazon, FB, Google, and Netflix (Google is the only one of these 4 I think fairly valued right now)

I have a decent chunk in Verizon, I'm unsure what I want to do with this

I'd also like some Visa/Mastercard

I'd like a small position in IBB

Lastly I want to form a position in AAPL which I mentioned above, becoming very attractive at these levels, but I don't know if I want to get caught in this slaughter.

ETA: Long term also very interested in XLE at these prices.

 

[culdeus]

I sold AAPL in 2012 to settle on a house, felt smart for a long time then felt real stupid, now not sure. It's such an overloaded component of most S&P funds that most likely if you are doing the boglehead method you might have 5% of your portfolio already tied up in it.

 

[John Bender]

AAPL in a total freefall now and testing 95 in after hours.

P/E will be around 9 soon, some value here, but scared it will get caught in a possible washout. Buy the dip always works, until it doesn't. I think we need a real correction for the market to get back to normal. I'm not talking about the bull#### that happened in August/September followed by an immediate rebound like nothing happened, that is a transferring of wealth... The market shouldn't go to the moon for 7 straight years following the worst economic downturn most of us have ever seen.

With that being said, I am starting to make a list and will be redistributing a lot of dry I've had on the sidelines at some point in 2016.

I've got a list I'm making for long term investments:

I want a big chunk in a S&P fund

I'd like to buy some UGA, gas prices won't stay below $2 forever

Chipotle is of interest to me

I'd like action in Amazon, FB, Google, and Netflix (Google is the only one of these 4 I think fairly valued right now)

I have a decent chunk in Verizon, I'm unsure what I want to do with this

I'd also like some Visa/Mastercard

I'd like a small position in IBB

Lastly I want to form a position in AAPL which I mentioned above, becoming very attractive at these levels, but I don't know if I want to get caught in this slaughter.

I really like TMobile - they really seem focused on finally getting off their butts and competing with the big dogs and expanding their network

 

[ericttspikes]

AAPL is crazy. Forward P/E has to be around 8 now. What is worst case here, that it turns into IBM and has -14% growth for the year? IBM is valued the same as Apple now, and they are a negative growth story. I could be wrong, but I don't think IBM has 200B scuttled away for a rainy day either.

 

[fantasycurse42]

AAPL in a total freefall now and testing 95 in after hours.

P/E will be around 9 soon, some value here, but scared it will get caught in a possible washout. Buy the dip always works, until it doesn't. I think we need a real correction for the market to get back to normal. I'm not talking about the bull#### that happened in August/September followed by an immediate rebound like nothing happened, that is a transferring of wealth... The market shouldn't go to the moon for 7 straight years following the worst economic downturn most of us have ever seen.

With that being said, I am starting to make a list and will be redistributing a lot of dry I've had on the sidelines at some point in 2016.

I've got a list I'm making for long term investments:

I want a big chunk in a S&P fund

I'd like to buy some UGA, gas prices won't stay below $2 forever

Chipotle is of interest to me

I'd like action in Amazon, FB, Google, and Netflix (Google is the only one of these 4 I think fairly valued right now)

I have a decent chunk in Verizon, I'm unsure what I want to do with this

I'd also like some Visa/Mastercard

I'd like a small position in IBB

Lastly I want to form a position in AAPL which I mentioned above, becoming very attractive at these levels, but I don't know if I want to get caught in this slaughter.

I really like TMobile - they really seem focused on finally getting off their butts and competing with the big dogs and expanding their network

VZ has a 5% dividend, what is TMobile?

 

[John Bender]

AAPL in a total freefall now and testing 95 in after hours.

P/E will be around 9 soon, some value here, but scared it will get caught in a possible washout. Buy the dip always works, until it doesn't. I think we need a real correction for the market to get back to normal. I'm not talking about the bull#### that happened in August/September followed by an immediate rebound like nothing happened, that is a transferring of wealth... The market shouldn't go to the moon for 7 straight years following the worst economic downturn most of us have ever seen.

With that being said, I am starting to make a list and will be redistributing a lot of dry I've had on the sidelines at some point in 2016.

I've got a list I'm making for long term investments:

I want a big chunk in a S&P fund

I'd like to buy some UGA, gas prices won't stay below $2 forever

Chipotle is of interest to me

I'd like action in Amazon, FB, Google, and Netflix (Google is the only one of these 4 I think fairly valued right now)

I have a decent chunk in Verizon, I'm unsure what I want to do with this

I'd also like some Visa/Mastercard

I'd like a small position in IBB

Lastly I want to form a position in AAPL which I mentioned above, becoming very attractive at these levels, but I don't know if I want to get caught in this slaughter.

I really like TMobile - they really seem focused on finally getting off their butts and competing with the big dogs and expanding their network

VZ has a 5% dividend, what is TMobile?

none

 

[fantasycurse42]

I really think people giving oil consideration need to think about XLE for the long term.

 

[BeTheMatch]

I've been holding 2k shares SGYP since it was $3.50 - It shot all the way up to $10.50 and I didn't sell. It closed today at $4.71

FML, pigs get slaughtered.

Same boat with you FC. I dont have that many shares but damn I wish I would have sold when it went over $10

I think I sold when it finally recovered and then hit like 6 or something. I wished I would've held a little longer, but I was just happy to get back above water on that one.

 

[humpback]

Pretty incredible 2 days here.

This is nuts.

I've bought some AAPL, some FCX.

What's the layman explanation for the VIX not seemingly moving up as inversely as one would think during this run?

VIX isn't perfect. There are corner cases where it doesn't model the volatility model at all. It trades mainly on the values of some real short term futures.

Thanks - not currently holding any but was curious why it seemed so resistant

It's definitely not perfect, but it's up a ton. ~35% this week, ~21% just today.

 

[BeTheMatch]

How's this for market timing?

My wife had a pretty good chunk of cash sitting in an IRA from an old job at TIAA-CREF. Some years ago, as a way to diversify, I put it all into their international stock fund. It's done OK over the years, nothing special.

But then at the end of 2015, we were just trying to consolidate all these various accounts we have at different places so we didn't have to worry about so many different places. Anyway, a few weeks ago we decided to put in a request to roll the whole account over, out of TIAA-CREF and into Vanguard. So in that process it just dumps it into a money market type account at Vanguard and then you can direct into whatever fund(s) you want.

So it rolled out of that account a couple weeks ago. I think it's down (like pretty much everything else, granted) around 5-6% since then.

So there, I timed the market. Haven't decided yet what to put it in at Vanguard. In our Roth at Vanguard, we just have it all in an S&P 500 fund.

 

[cosjobs]

The vix does seem to be leading the action. I went ahead and doubled up on VIX and TVIX. Some more ASIA, to, in case China craters with the new rules. Sold my Raleigh, RAI, even though it seems pretty resistant to the kerfuffle. Dumped ILMN and ADAP because biotech seems scary this season. Also doubled down on UCO at $10

 

[cosjobs]

The vix does seem to be leading the action. I went ahead and doubled up on VIX and TVIX. Some more ASIA, to, in case China craters with the new rules. Sold my Raleigh, RAI, even though it seems pretty resistant to the kerfuffle. Dumped ILMN and ADAP because biotech seems scary this season. Also doubled down on UCO at $10

 

[pecorino]

I've been holding 2k shares SGYP since it was $3.50 - It shot all the way up to $10.50 and I didn't sell. It closed today at $4.71

FML, pigs get slaughtered.

Same boat with you FC. I dont have that many shares but damn I wish I would have sold when it went over $10

I think I sold when it finally recovered and then hit like 6 or something. I wished I would've held a little longer, but I was just happy to get back above water on that one.

IIRC there's an FDA thing going on soon with SGYP. Could get a swing soon.

 

[NREC34]

Things are looking up in Asia and US futures.

 

[St. Louis Bob]

Bought 20 more FB at $98.97 for 40 at $100.95

 

[fantasycurse42]

I've been holding 2k shares SGYP since it was $3.50 - It shot all the way up to $10.50 and I didn't sell. It closed today at $4.71

FML, pigs get slaughtered.

Same boat with you FC. I dont have that many shares but damn I wish I would have sold when it went over $10

I think I sold when it finally recovered and then hit like 6 or something. I wished I would've held a little longer, but I was just happy to get back above water on that one.

IIRC there's an FDA thing going on soon with SGYP. Could get a swing soon.

Nice 35% tank in a few weeks, thing is a powerhouse... Luckily I didn't overextend and we're just getting near where I originally bought in. I'm holding this one boom or bust.

 

[TripItUp]

seriously looking at energy stocks/funds...

 

[lod01]

Dr. Dumb Faber is really shaking his fist that this time he is right. Still yet to see Schiff come out of his cave.

 

[Johnnymac]

I've been holding 2k shares SGYP since it was $3.50 - It shot all the way up to $10.50 and I didn't sell. It closed today at $4.71

FML, pigs get slaughtered.

Same boat with you FC. I dont have that many shares but damn I wish I would have sold when it went over $10

I think I sold when it finally recovered and then hit like 6 or something. I wished I would've held a little longer, but I was just happy to get back above water on that one.

IIRC there's an FDA thing going on soon with SGYP. Could get a swing soon.

Nice 35% tank in a few weeks, thing is a powerhouse... Luckily I didn't overextend and we're just getting near where I originally bought in. I'm holding this one boom or bust.

Down 10% so far today. WTF?

 

[John Bender]

Bought 199 FCX @ 5.42

200 LXU @ 5.75

100 AAPL AT 97.50

 

[fantasycurse42]

I feel it is inevitable the market tests the August lows...

Agree/disagree?

 

[fantasycurse42]

 

[lod01]

I sold a lot of my stuff yesterday and today. You're welcome for the impending historic run up.

Thanks. Went all in yesterday at close. The way I look at it, I've already beat the averages for 2016 if I just stay in the whole year and vs the buy and hold guy, I gained 4% so far this year.

Well that sucked. Just ran screaming myself at close.

 

[Meatwad Reloaded]

12000 is coming soon to a theater near you.