What's new
Fantasy Football - Footballguys Forums

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Stock Thread (35 Viewers)

Not to sound like Lhucks, but it feels like a meltdown is coming. The Trump panic seems to be settling in. This is based on nothing of course, and I'm not doing anything, but...

 
BeTheMatch said:
Not to sound like Lhucks, but it feels like a meltdown is coming. The Trump panic seems to be settling in. This is based on nothing of course, and I'm not doing anything, but...
Click to expand...
I agree which is why I'm mostly out for now.  It doesn't help that consumer confidence hasn't been this high since 2001 which was even higher than the correction of 2007-2008. :tinfoilhat:

Just bought 750 TVIZ at $6.56.

 
St. Louis Bob said:
I agree which is why I'm mostly out for now.  It doesn't help that consumer confidence hasn't been this high since 2001 which was even higher than the correction of 2007-2008. :tinfoilhat:

Just bought 750 TVIZ at $6.56.
Click to expand...
I was looking to do the same, but Merrill Edge won't trade it. :rant:  Any opinions on what will happen to the 1-3 treasury index in the near term? I'm looking for somewhere to park some $ until the dust settles. Thinking about just keeping it in SHY.

 
BeTheMatch said:
Not to sound like Lhucks, but it feels like a meltdown is coming. The Trump panic seems to be settling in. This is based on nothing of course, and I'm not doing anything, but...
Click to expand...


St. Louis Bob said:
How are we playing Friday's news? 
Click to expand...
All the talking heads predicting a selloff. Odds are that means it won't happen at least right away. I'll guess that we finish January in the plus column and start a minor correction in Feb.

I'm all cash but ready to move back in. The market has spun it's wheels since Jan 4th. Naz performing the best, up 2% for the year. S&P flat, R2K down almost 1%.

 
BeTheMatch said:
Not to sound like Lhucks, but it feels like a meltdown is coming. The Trump panic seems to be settling in. This is based on nothing of course, and I'm not doing anything, but...
Click to expand...
There's always a meltdown coming - I don't think anyone would be surprised with a bit of a pullback, at the least.  Based on the graph I showed earlier, if this market does a 7-8% dip historically it's a spectacular time to buy.  The business cycle right now is still intact - all the indicators really show it isn't degrading.  While that doesn't necessarily correlate all the time with the markets it is more of then than not.

 
I mentioned my NG Calls from last week, rolled them into April - the trade is more fundamental based, so I backed them up a bit to be less impacted by weather and more by the underlying fundamentals. 

70 days until expiration, currently down $4500.

Big day tomorrow. Forecast is showing cold coming back in 10-15 out with warmth projected in the next 1-10. I think the warmth was priced in over the last 2 sessions, but if that cold forecasted for 10-15 shifts to warmth, I'm pretty ####ed. 

Huge draw of 230 is forecasted for tomorrow, I'm thinking it can beat that bc this market is tighter than the weather trading people are giving it credit for, and thus should surprise the market.

Either down another $5-$7k tomorrow or the weather forecast stays cold 10-15 out and the trade hopefully takes shape with a big draw. 

 
Do any of you own any marajuana stocks?  I have looked at MCIG and MJNA but I would like some more options.

 
Last edited by a moderator:
fantasycurse42 said:
I mentioned my NG Calls from last week, rolled them into April - the trade is more fundamental based, so I backed them up a bit to be less impacted by weather and more by the underlying fundamentals. 

70 days until expiration, currently down $4500.

Big day tomorrow. Forecast is showing cold coming back in 10-15 out with warmth projected in the next 1-10. I think the warmth was priced in over the last 2 sessions, but if that cold forecasted for 10-15 shifts to warmth, I'm pretty ####ed. 

Huge draw of 230 is forecasted for tomorrow, I'm thinking it can beat that bc this market is tighter than the weather trading people are giving it credit for, and thus should surprise the market.

Either down another $5-$7k tomorrow or the weather forecast stays cold 10-15 out and the trade hopefully takes shape with a big draw. 
Click to expand...
Every time I post something good happening in this thread, it is like the super mush. 

 
Last edited by a moderator:
@siffoin Did you abide by your stop loss on OPK since it broke $8.70, or are you holding pat? I've got a small position and thinking I might just ride it out.

 
Last edited by a moderator:
I attened an interesting talk about Bitcoin last night.  I was actually more interested in the blockchain technology though.  Any of you know companies that are leading in the research/application of this technology?  

 
skycriesmary said:
@siffoin Did you abide by your stop loss on OPK since it broke $8.70, or are you holding pat? I've got a small position and thinking I might just ride it out.
Click to expand...
As I said from the beginning I'm loathe to recommend any stock here.  Really sorry on this one.  The trend on this since that gap down at the end of the year is now bearish.  It sucks.  I think at the very least in the short term it's going lower.  $8.00 or so is a pretty strong level of support...that's not to say it can't go lower.

I've owned the stock for a couple/3 years now...and I've written puts on it many times...most of those times the stock didn't get put to me.  So my cost basis is below $5.00.  I wrote another set of puts early this year at the $9 strike- on the drop.

When I initially posted we had a strong daily trend and the weekly was just turning bullish too.  It's at these times when the trend is most vulnerable to flipping back (to bearish)...but it's also when the risk:reward is apt to be greatest.  To me it's when you want to take a swing.  Doesn't mean you can't swing and miss however.  This was a decided miss. 

Though I thought the trend was set for an initial  move toward $15---$20...to me $OPK is more of a 3-4 year play with a target more towards $30.

I want to tell you to hold this because I think that target will be met in 3 years time.  But technically there is no argument to support that.

Personally, I'm holding this position but that's because my cost basis is lower than price is right here...and I'm just going to continue to write puts at support levels.  

Agree, that it is somewhat against what I would "preach" and I'm all for any arrows someone wants to sling in my direction.  A simple Buy or Sell trading account...I'm selling.  Mine has a little more latitude..and I feel I can work this to where I have very little risk.  

 
siffoin said:
As I said from the beginning I'm loathe to recommend any stock here.  Really sorry on this one.  The trend on this since that gap down at the end of the year is now bearish.  It sucks.  I think at the very least in the short term it's going lower.  $8.00 or so is a pretty strong level of support...that's not to say it can't go lower.

I've owned the stock for a couple/3 years now...and I've written puts on it many times...most of those times the stock didn't get put to me.  So my cost basis is below $5.00.  I wrote another set of puts early this year at the $9 strike- on the drop.

When I initially posted we had a strong daily trend and the weekly was just turning bullish too.  It's at these times when the trend is most vulnerable to flipping back (to bearish)...but it's also when the risk:reward is apt to be greatest.  To me it's when you want to take a swing.  Doesn't mean you can't swing and miss however.  This was a decided miss. 

Though I thought the trend was set for an initial  move toward $15---$20...to me $OPK is more of a 3-4 year play with a target more towards $30.

I want to tell you to hold this because I think that target will be met in 3 years time.  But technically there is no argument to support that.

Personally, I'm holding this position but that's because my cost basis is lower than price is right here...and I'm just going to continue to write puts at support levels.  

Agree, that it is somewhat against what I would "preach" and I'm all for any arrows someone wants to sling in my direction.  A simple Buy or Sell trading account...I'm selling.  Mine has a little more latitude..and I feel I can work this to where I have very little risk.  
Click to expand...
No apologies needed. We're all big boys here and take the risks. Also appreciate all the advice you've given over the years. Yeah, I think I'll probably just wait this one out. Otherwise, I sell now, take a beating, then forget about it and miss the ride when it eventually trends up. 

 
Man, holding NG is bad for blood pressure.

My thesis is proving correct about an extremely tight market fundamentally, it just swings like a crazy mother####er on stupid weather.

 
QCOM a screaming buy at $54, pending lawsuit or no.

eta: Love me some Gilead at $71 as well. I'm a sucker for beaten down blue chips.

 
Last edited by a moderator:
fantasycurse42 said:
I mentioned this a few months back, I had hired someone to trade an account for me. Started off really well, guy was up about 5% in 6 weeks, however I hated his style and was never comfortable, he felt careless - should've trusted my gut, I fired him today after a loss of about 4% of the account, basically the guy lost 9% in the last 2 weeks, a net of about 4% out of my pocket.

Anyways, I've made a decision - I have no imminent expenses and nothing on the horizon, I have one goal - growth. I was up in the air about just investing every dollar I have into SPY and never thinking about it again, recession/expansion/whatever. With where the S&P is, my plan was to just start dollar cost averaging into it an equal amount, every month (or quarter) until eternity.

My 2nd thought is being more patient and waiting for a recession, where I would initially invest 50% of savings and then dollar cost average until forever.

I'm looking for this to be aggressive, so I won't have more than 15-20% fixed income. Instead of 100% SPY, if you were to chose 5 funds & 1 bond fund to be in forever, what would they be?

I'm thinking:

- A Reit fund

- small cap fund

- spy fund

- emerging market fund

- developed international fund

- 30 year bond fund

Any opinions?
Click to expand...
You could keep it even simpler.

Do yourself a favor and check out The Franklin Income Fund

Been around since the 50's

Yes it will go down like it did in 08.

But seriously take a long look at it's track record and the yield you get as well.

 
Last edited by a moderator:
I am hearing a lot of buzz about REITs being a key investment in 2017 under our new supreme chancellor. I know very little about them. Any thoughts from the FBGs? Is an REIT ETF a thing and should I be educating myself on them? Tia.

 
pecorino said:
I am hearing a lot of buzz about REITs being a key investment in 2017 under our new supreme chancellor. I know very little about them. Any thoughts from the FBGs? Is an REIT ETF a thing and should I be educating myself on them? Tia.
Click to expand...
It's a real estate investment trust, a way to own real estate holdings in a more liquid form. Valuations have already gotten pretty high I believe, Realty Income(O) is one I held and sold last year for a good profit as it had gotten pricey. I think it's a sector worth holding as part of your portfolio but as with many sectors it's at a high valuation right now and I wouldn't go all in. 

 
pecorino said:
I am hearing a lot of buzz about REITs being a key investment in 2017 under our new supreme chancellor. I know very little about them. Any thoughts from the FBGs? Is an REIT ETF a thing and should I be educating myself on them? Tia.
Click to expand...
I agree they are somewhat expensive in spots.  No need to jump in - I have about 10% of my portfolio in REITs.  Biggest item to remember is that there are two types - publicly traded and private ones that are offered from advisors.  The private ones are almost always scams and should be avoided like the plague (huge fees, very hard to get out, etc.).  

If you're interested, I'd head over to Seeking Alpha and just starting to read stuff from Brad Thomas.  He writes some very good articles.

 
GoBirds said:
It's a real estate investment trust, a way to own real estate holdings in a more liquid form. Valuations have already gotten pretty high I believe, Realty Income(O) is one I held and sold last year for a good profit as it had gotten pricey. I think it's a sector worth holding as part of your portfolio but as with many sectors it's at a high valuation right now and I wouldn't go all in. 
Click to expand...
IGR has been very, very, good to me

 
Sold 1250 of my ECSIF at $0.62 this morning giving me 750 "free" shares to play with. 

Good luck to everyone,  not posting trades anymore. 

 
Last edited by a moderator:
pecorino said:
Can anyone explain DRYS (Dry ships) to me? That stock has bee crazy for the past two months.
Click to expand...
Crazy again: doubled today. I don't know what the deal is, I know nothing about the company, but it has been a huge yo-yo for the past 50 days. Market manipulation?

 
pecorino said:
Crazy again: doubled today. I don't know what the deal is, I know nothing about the company, but it has been a huge yo-yo for the past 50 days. Market manipulation?
Click to expand...
It did an 8:1 reverse split when it hit $1 about a week ago and then tanked from $8 down to $2 immediately after until the last few days. This is playing with fire.

 
I currently have investments in a biomed fund and a chunk in tech/nasdaq index fund.
But now I'm looking to invest ~$20K in an industry mutual fund for (long term for retirement). Is real estate good for steady 45 year growth? Is there a Fidelity fund that does this reliably?

TIA

 
You must log in or register to reply here.

Similar threads

Andrew74
2025 FBG Stock Contest
2
Replies
77
Views
4K
Andrew74
Andrew74
Andrew74
2024 FBG Stock Contest
2 3
Replies
127
Views
8K
McBokonon
McBokonon
Wingnut
Pluribus TV show discussion thread
2 3
Replies
133
Views
2K
foxco
foxco

Users who are viewing this thread

Total: 28 (members: 0, guests: 28)
Back
Top