Stock Thread (34 Viewers)

[jvdesigns2002]

Coming into 2022–I felt like we were going to have a pretty turbulent first quarter, followed by a period of bouncing around and being range bound for the second and third quarters—and I felt like the 4th quarter might make it so the markets squeak out a small gain.  

The Ukraine thing as well as other potential geopolitical issues makes me kinda think that the turbulence can easily extend into the second and third quarters now.  As @Todem  has mentioned—if your horizon is on the long term—I think you’ll be fine.  In reality—I think it’s a good time to start preparing wishlists of stocks that you are willing to pull the trigger on once they fall down to levels that are inviting to invest in. 

My question for those who are market professionals—how much does market momentum come into play?   The pandemic opened the door to a lot of newbies entering the market with apps like robin hood and such.  People saw how easy it was to make money in a hot market (one that was propelled by low rates and injecting a lot of currency into circulation)—and those added members of the investing community played a part in magnifying some of the upward momentum of the markets.  Now that markets are turbulent and are dropping—will this downward momentum potentially be magnified by the influx on investors that recently entered the market?

 

[fruity pebbles]

Coming into 2022–I felt like we were going to have a pretty turbulent first quarter, followed by a period of bouncing around and being range bound for the second and third quarters—and I felt like the 4th quarter might make it so the markets squeak out a small gain.  

The Ukraine thing as well as other potential geopolitical issues makes me kinda think that the turbulence can easily extend into the second and third quarters now.  As @Todem  has mentioned—if your horizon is on the long term—I think you’ll be fine.  In reality—I think it’s a good time to start preparing wishlists of stocks that you are willing to pull the trigger on once they fall down to levels that are inviting to invest in. 

My question for those who are market professionals—how much does market momentum come into play?   The pandemic opened the door to a lot of newbies entering the market with apps like robin hood and such.  People saw how easy it was to make money in a hot market (one that was propelled by low rates and injecting a lot of currency into circulation)—and those added members of the investing community played a part in magnifying some of the upward momentum of the markets.  Now that markets are turbulent and are dropping—will this downward momentum potentially be magnified by the influx on investors that recently entered the market?

not a professional but I think it already has. The robinhood type “it” stocks are down huge. Think a lot of new investors are already wiped out. Those peeps weren’t invested in value funds. 

 

[stinkzmagee]

Right now all the index’s are in correction. 
Nasdaq down 19% from the all-time high.

Dow touched 10%

S&P almost 12%

All it takes is some explosions and CNN running the video of the chaos on loop 24/7 for a few days and boom we go down another 4-5% from here.

So yeah again long term opportunities IMO. 
 

And today as was mentioned above, markets move lightning fast now. So be ready if another flash selloff happens in the coming days or weeks.

I still have about 15% powder left. And I was early on some big high quality tech…..such is life…but long term I have zero worries we will do just fine.

Well. Right on cue with Russia and Ukraine.  Here we go.  Spy down another 2% after hours right now.

 

[Gilroy34]

On the bright side the invasion may get us closer to a bottom but it could be another ####ty day tomorrow.

 

[cosjobs]

Dow futures drop 800 points after Russia announces military action against Ukraine

 

[FreeBaGeL]

Yeah if we're going to do this thing let's just do it already so we can have a 4% down day and be done with it instead of eight 2% down days for every little hint that it's coming.

 

[stinkzmagee]

I’m going to be on a cruise ship without much internet next week.  Guess I need to figure out what I want to buy and set a bunch of limit orders.

 

[General Malaise]

Coming into 2022–I felt like we were going to have a pretty turbulent first quarter, followed by a period of bouncing around and being range bound for the second and third quarters—and I felt like the 4th quarter might make it so the markets squeak out a small gain.  

The Ukraine thing as well as other potential geopolitical issues makes me kinda think that the turbulence can easily extend into the second and third quarters now.  As @Todem  has mentioned—if your horizon is on the long term—I think you’ll be fine.  In reality—I think it’s a good time to start preparing wishlists of stocks that you are willing to pull the trigger on once they fall down to levels that are inviting to invest in. 

My question for those who are market professionals—how much does market momentum come into play?   The pandemic opened the door to a lot of newbies entering the market with apps like robin hood and such.  People saw how easy it was to make money in a hot market (one that was propelled by low rates and injecting a lot of currency into circulation)—and those added members of the investing community played a part in magnifying some of the upward momentum of the markets.  Now that markets are turbulent and are dropping—will this downward momentum potentially be magnified by the influx on investors that recently entered the market?

Does Robinhood let their users employ margin?  I would bet many of these newbies who had access to margin used it and are in a great deal of pain right now.  Margin users - remember "Day Traders" - who didn't really understand it got massacred in the dot com bubble when margin calls came calling.  

 

[stinkzmagee]

Does Robinhood let their users employ margin?  I would bet many of these newbies who had access to margin used it and are in a great deal of pain right now.  Margin users - remember "Day Traders" - who didn't really understand it got massacred in the dot com bubble when margin calls came calling.  

About the only good news with my accounts is no margin issues, just commons bought with cash that are in the toilet bowl!

 

[steelerfan1]

I’m going to be on a cruise ship without much internet next week.  Guess I need to figure out what I want to buy and set a bunch of limit orders.

Or you could put it in an S&P or total stock fund and start your less risk game plan now. Not sure if that’s the right thing or not but it’s an option I would think.

also, I hope you enjoy your cruise. It might be a good thing to be away from the market for a week or so. I know I’m trying to cut down on the 100x a day that I look at it….

 

[James Daulton]

Think I'll start nibbling back in today.  I was thinking that, before this Russian incursion, US society and the economy were looking pretty rosy.  Covid may well finally be beaten down, with enough people having vaccine or natural immunity, that the US will open up and resume normalcy.  Inflation from gas prices was one of my major concerns and this only makes it more so.  

I'm thinking that the short term reaction to this event in the market will be an overreaction and that the bottom will be observed soon.

 

[ghostguy123]

So tomorrow a good time to buy?  Or wait till the bombs drop

Whelp....

 

[Capella]

Does Robinhood let their users employ margin?  I would bet many of these newbies who had access to margin used it and are in a great deal of pain right now.  Margin users - remember "Day Traders" - who didn't really understand it got massacred in the dot com bubble when margin calls came calling.  

Yes it does. At 2.5% too, so there were likely plenty of users. 

 

[McBokonon]

$DOCN reported. Solid and basically in-line with expectations, but not a blowout. Not sure that would have mattered. I’ll add some today, I guess.

 

[beef]

MOEX down 35%.  Russian exchange

 

[beef]

Started my shopping spree.  Added SOXL and big chunk of BNKU. SOXL is about 12% of my day trading account and BNKU is 22%.    

 

[beef]

Must be a lot of refinanced student loans in Ukraine.  SOFI at 8.50. yikes.  

 

[Todem]

I will be quite the busy man today.

 

[beef]

I will be quite the busy man today.

Stay hydrated my man.  Maybe sneak a shot or fifth or two throughout the day. 

 

[ghostguy123]

I just put in a bunch of limit orders.  None of them SHOULD hit.....

 

[Todem]

Stay hydrated my man.  Maybe sneak a shot or fifth or two throughout the day. 

"I picked the wrong week to stop sniffing glue"

LOL. No in all seriousness today is a good day to take some positions in high quality and this was what we were waiting for with the rest of cash we have. Impossible to time a bottom but knowing we are long makes it easy to be selective. 

I am going to really be selective today off my master list. We have enough Large Tech....but I will take a look at more MSFT and GOOGL and AAPL today if they get hit hard enough (and they should). But I am looking more at staples, utilities and industrials. 

 

[McBokonon]

I feel bad for everyone that just started investing in the last couple of years because you’re likely losing your ###. On the bright side, though, when you come through the other side of this, I can’t imagine a crazier time period to survive from a market perspective. Tech bubble? 9/11? “Nerf Ball.” Try a pandemic, lockdowns, supply chain issues, chip shortages, interest rate hikes/inflation, and a Russian invasion. AT THE SAME TIME.

 

[ghostguy123]

 But I am looking more at staples, utilities and industrials. 

And which of these are your top buys?

Edit....Asking for a friend

Edited edit.....its me.  I'm the friend

 

[Todem]

And which of these are your top buys?

Asking for a friend

Staples

PG

GIS

KO

PEP

DEO

Tobbaco

PM

Utilities

EXC

AEP

MDU

Industrials

DE

CMI

CAT

BA

Consumer Discretionary 

HD

TGT

WMT

AAPL

AMZN

Information Tech

MSFT

GOOGL

Financial

JPM

 

[Nugget]

I'm going to turn my phone off today.  Wish my tax return was here today, but maybe next week is better to buy.

 

[culdeus]

Russia is invading a country with a lower gdp than them and nearly no resources other than water that they want.  The long term global economic impact will be minor even if they get to kiev. 

 

[beef]

Russia is invading a country with a lower gdp than them and nearly no resources other than water that they want.  The long term global economic impact will be minor even if they get to kiev. 

I wouldn't call Adidas Tracksuits no resources.  Per ounce, they have to be higher than silver right now.  

 

[pecorino]

"I picked the wrong week to stop sniffing glue"

LOL. No in all seriousness today is a good day to take some positions in high quality and this was what we were waiting for with the rest of cash we have. Impossible to time a bottom but knowing we are long makes it easy to be selective. 

I am going to really be selective today off my master list. We have enough Large Tech....but I will take a look at more MSFT and GOOGL and AAPL today if they get hit hard enough (and they should). But I am looking more at staples, utilities and industrials. 

Thoughts on QQQ? That was going to be my first purchase today (wife wants to throw some of her cash at Target, which is fine). I like what you're saying about MSFT, GOOG, and AAPL. Why not get to them via QQQ?

 

[pecorino]

Russia is invading a country with a lower gdp than them and nearly no resources other than water that they want.  The long term global economic impact will be minor even if they get to kiev. 

Location, location, location.

 

[pecorino]

I feel bad for everyone that just started investing in the last couple of years because you’re likely losing your ###. On the bright side, though, when you come through the other side of this, I can’t imagine a crazier time period to survive from a market perspective. Tech bubble? 9/11? “Nerf Ball.” Try a pandemic, lockdowns, supply chain issues, chip shortages, interest rate hikes/inflation, and a Russian invasion. AT THE SAME TIME.

Not everyone. I feel not one iota of badness for the AMC / GME crowd. Sorry to FBGs that identify as such, but I truly do not feel bad for you.

 

[beef]

$DOCN reported. Solid and basically in-line with expectations, but not a blowout. Not sure that would have mattered. I’ll add some today, I guess.

I was going to sell this yesterday at 52 sort of expecting a meet or slight beat followed by 5%+ drop.  Ended up selling in AH after seeing what happened to FLGT.  Will keep an eye on it and see where its at in 30 days.  I wanted to get it out of my brokerage account and rebuy in the Roth anyway.    

 

[Al Czervik]

The ones that were more speculative that could come back but I don’t feel as great about are FUBO, VISL, WISH, LOTZ, RVP, TLRY (basically the Atlas portfolio if you are familiar - I was dumb).

Hope you had some CEI in there too which is a ZM fav.

 

[Todem]

Thoughts on QQQ? That was going to be my first purchase today (wife wants to throw some of her cash at Target, which is fine). I like what you're saying about MSFT, GOOG, and AAPL. Why not get to them via QQQ?

QQQ is a great option if you do not have the capital to buy individuals.

Also

ADX!!!!

 

[kevzilla]

I'm going to double down on FLGT. I think $53 is going to sound hilarious in a year or two. The remaining dry powder may go into ETHE if it goes down a bunch.

 

[beef]

Thoughts on QQQ? That was going to be my first purchase today (wife wants to throw some of her cash at Target, which is fine). I like what you're saying about MSFT, GOOG, and AAPL. Why not get to them via QQQ?

I'm big on TQQQ because I like the extra abuse.  Added more at 41.30.   

 

[Coach Morris Buttermaker]

Russia is invading a country with a lower gdp than them and nearly no resources other than water that they want.  The long term global economic impact will be minor even if they get to kiev. 

Baltic states are next, China takes Taiwan (all the chip production) in the near future and it gets real scary for us.

 

[David Dodds]

Could we see market wide circuit breakers hit today?

They are based on the S&P500

7% drop - 15 minute halt.

13% drop - 15 minute halt

20% drop - Exchanges close for the day

 

[beef]

Could we see market wide circuit breakers hit today?

They are based on the S&P500

7% drop - 15 minute halt.

13% drop - 15 minute halt

20% drop - Exchanges close for the day

Huh, I was just starting to pull the S&P chart to see where it closed yesterday and at what point 7% would hit.  3929 range if I did this right???

 

[pecorino]

QQQ is a great option if you do not have the capital to buy individuals.

Also

ADX!!!!

Looking more closely at ADX, it appears to be broader than QQQ and it contains many of the same tech names that I like which are within the Qs. Since I already own AAPL, GOOG, and AMZN outright, I think ADX is the better fit. Guess I should have bought it when you first suggested it in March 2020. It is only trading at about 15% higher now than it was then, to put this current correction in context. As always, thanks, and hope your clients don't lose their mettle today.

 

[steelerfan1]

Thoughts on QQQ? That was going to be my first purchase today (wife wants to throw some of her cash at Target, which is fine). I like what you're saying about MSFT, GOOG, and AAPL. Why not get to them via QQQ?

Just a question, Why not VUG or MGK as they have a lower ER?

 

[pmedina]

 As always, thanks, and hope your clients don't lose their mettle today.

I'm trying not too !

 

[cosjobs]

I will take a look at more MSFT and GOOGL and AAPL today if they get hit hard enough (and they should).  

No SARK?

 

[McBokonon]

$DOCN reported. Solid and basically in-line with expectations, but not a blowout. Not sure that would have mattered. I’ll add some today, I guess.

Green today. Fascinating. Barely, but still.

Interesting relative strength from TTD, GLBE, ADBE, and CRWD (this one makes sense)

 

[pecorino]

Did a lot of trading at the open (almost all buying) and it's looking good so far. Left at least 10% - 12% cash in my accounts for when the other shoes drop. I'm pleasantly surprised at the resiliency of the SPY early on today.

 

[beef]

Green today. Fascinating. Barely, but still.

Interesting relative strength from TTD, GLBE, ADBE, and CRWD (this one makes sense)

Re: DOCN

About an 18% swing from it's pre market lows right now.  

 

[General Malaise]

Russia is invading a country with a lower gdp than them and nearly no resources other than water that they want.  The long term global economic impact will be minor even if they get to kiev. 

A great deal of Russian gas flows through pipelines into Europe, who sucks up a ton of it for their energy needs.  40% of EU nat gas comes from these pipelines, sooooo.....maybe long term not so minor?

 

[culdeus]

A great deal of Russian gas flows through pipelines into Europe, who sucks up a ton of it for their energy needs.  40% of EU nat gas comes from these pipelines, sooooo.....maybe long term not so minor?

Speaking mainly of the motives of Russia to actually occupy Ukraine here.  Seems a really low hype to bang ratio.  

 

[FreeBaGeL]

So far seems like a lot of people were just waiting on this to start buying.

 

[Gilroy34]

So far seems like a lot of people were just waiting on this to start buying.

I bought a lot this morning

 

[Gilroy34]

Account just went green