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Stock Thread (49 Viewers)

I'm selling into strength - Cramer actually made an excellent point that completely went by me. 

The swiftness and targeted response by China shows just how prepared they are (regardless of dollar amount) - they've been at a trade war with us and everyone for a long time (and it is true, they don't play fair so something needs to be done, I just disagree with the Bozo outright going into a trade war)... He says they embarrassed Trump with that response, I agree with that. They're well-prepared, we are not. Furthermore, I'd assume President Orange BozoFace doesn't handle being embarrassed like that well. I don't think this is going away. 

He's promised to go after China, he's following through :shrug:  I didn't actually think he would, my opinion is changing quickly. There is literally zero reason to be bullish with a trade war waiting in the wings against China, everyone loses. 

If this goes away, I'll reevaluate. 

 
Mario Kart said:
Oil has been curious. I only have two oil stocks but they are down from their peak while oil has risen in price since those peaks. I got into oil for the dividends so I’m just riding the dividend wave, however the lack of upward movement is curious. I’m assuming it has to do with a “strong” dollar compared to a weak one. Maybe one will budge and see dramatic movement. :shrug:
I bought ProShares Daily 3x Long Crude on Tuesday out of boredom.  Small position, but I am mildly intrigued with oil right now too.

 
jvdesigns2002 said:
Too many hard to predict moving parts for a fairly novice investor like me.  One of those moving parts is a stubborn and fairly childish Potus. 
How about just picking an asset allocation, keep investing routinely from your paycheck, and rebalance every 6 months if needed?  You'll beat just about all the traders, free up countless hours of time to spend productively elsewhere, and sleep better at night.

I do realize that if we all did this we'd kill this particular discussion, which would be no fun.  But it has to be said now and again.

 
How about just picking an asset allocation, keep investing routinely from your paycheck, and rebalance every 6 months if needed?  You'll beat just about all the traders, free up countless hours of time to spend productively elsewhere, and sleep better at night.

I do realize that if we all did this we'd kill this particular discussion, which would be no fun.  But it has to be said now and again.
Because there is an itch that needs scratchin' ....  

and not all of us live near a casino.

 
How about just picking an asset allocation, keep investing routinely from your paycheck, and rebalance every 6 months if needed?  You'll beat just about all the traders, free up countless hours of time to spend productively elsewhere, and sleep better at night.
If you're going to insist on making sense in here, I'll have to ask you to step outside.  :lmao:

 
18 years ago INSP, ELON and CLPA taught me just how dumb I was at stock picking.  It cost me about $6k, and was worth every penny.
26 years ago a girl named Karen taught me not to try to change myself for the sake of love, no matter how perfect the hiney.  Worth every tear. 

 
fantasycurse42 said:
I’ve been debating this - like them as a company, worried that they’re in a space playing with the 800 pound gorillas.
I swear.  Sometimes, I always buy at the high.   I bought a puny position in DBX, but, dangit if it didn't drop as soon as I put my toes in the water.

 
How about just picking an asset allocation, keep investing routinely from your paycheck, and rebalance every 6 months if needed?  You'll beat just about all the traders, free up countless hours of time to spend productively elsewhere, and sleep better at night.
If you're going to insist on making sense in here, I'll have to ask you to step outside.  :lmao:
Consider this a warning. @Proteus

 
Any particular reason jnj over a kmb or pg?
Mainly because I didn't have retirement exposure to anything related to medical except for TMO. 

PG is interesting. I didn't realize they'd fallen this far until I just looked them up. I'll add them to my watch list. I sold them around 90 when they spiked during the activist investor thing (which might still be happening, no idea). Sentiment doesn't seem to be on their side. I might need to see a couple quarters of beat/raise before I feel comfortable.

 
I sold 5 AMZN, 57 APPL & 5 GOOGL for a profit of about $12k.     Just taking a little off the top here fellas.

 
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Can you buy 1 year option puts?

I would like to margin every dime I have that FB will become a shell of its former self, and soon. I would want to buy something way out of the money, and then get rich doing this. Elon Musk just gave them the kiss of death. 
Yeah you can buy options out through Jan 2020 and strike prices as low as $5.  If you did think the stock price would get cut in half you could buy the Jan 2019 $85 puts for .88 or the $115 puts for $3.50 but that might be throwing your money away, although you would make a killing if you were right :pickle: .  I thought FB would always end up like MySpace until the last couple of years, and now that everyone is running for the exits I kinda like it.  Who knows maybe a block chain social media will eventually start up and takeover, but that still seems too complicated.  I think this data breach is way overblown FWIW, but what do I know I bought Micron yesterday.  :no:  I feel like I’m the greatest person at picking a stock peak and being a bag holder   :bag:

 
When the Dow was up 500 points this morning I heard a politician remark "like President Trump said, winning a trade war is easy".  lol

 
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all is warm and fuzzy again ...

until we get the report that trade negotiation with China have broken down. 

Crazy the extreme swings one way to the other.

 

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