NeverEnough
Footballguy
Just sold most of my shares in a couple Schwab ETFs & bought a whole 3 more shares of Amazon. #baller
Right there with you. Funny how earlier this year I was unbelievably stoked by 1500 a share. I’m still way up total but sucks to know I could have waited 12 days and 2 days and felt awesome.Feels like amazon is going to finish another 6-7% down today. I don’t know whether to buy or sell or cry.
All me. I use StreetSmart Edge for stocks and the web site for bonds.Do you use an agent or do you manage your account yourself?
Been a brutal month, but what's it up on the year? Over the last 2? 5?....JFC, Amazon below 1500. It’s down almost 30% since the top. I don’t want to commit any more but damn if I’m not kicking myself for either getting out after being up a little last week or just waiting more. When it was down 20% I wasn’t down too bad since I bought in down 17%. Down 30% is crazy. Their PE ratio for 2018 is getting close to Walmart’s.
Down 30% for beating earnings by 80% (and even whisper numbers) and missing revenu by 0.9% amazes me. The market is a fickle ##### and she has turned hard. At least I know that my wife and I max our 401ks too so glad new money going in cheaper.
Thanks for this. I saw a demo on that platform and it looks nice and straight forward.All me. I use StreetSmart Edge for stocks and the web site for bonds.
I know. See my post above. 1500 was kick ### earlier this year. Overall, I’m still way up, but my recent purchases, not so much. I’m just mad that I jumped in too quick. If I waited 1 day both times in past two weeks, I’d be down just a couple percent.Been a brutal month, but what's it up on the year? Over the last 2? 5?....
I liked the layout of the predecessor, StreetSmart Pro, better (less wasted space), but this one was designed to be more user-friendly. Also, this can be operated from your desktop or Cloud. Pro was only available from your PC. It is not "endorsed", but you can even view Edge on an ipad. I did a layout for it that only uses half the space so it fits on the ipad. Haven't really used it, but good to have a back up option.Thanks for this. I saw a demo on that platform and it looks nice and straight forward.
No one can time the market, especially with all the recent volatility/uncertainty. If you love the company long term, pick spots that you're comfortable owning it and put in your orders. If you're correct in the long term prognosis, the timing won't make much difference at all.I know. See my post above. 1500 was kick ### earlier this year. Overall, I’m still way up, but my recent purchases, not so much. I’m just mad that I jumped in too quick. If I waited 1 day both times in past two weeks, I’d be down just a couple percent.
I'm kicking myself because I was very close to shorting Amazon last week. Would have sold at 1500-somethingJFC, Amazon below 1500. It’s down almost 30% since the top. I don’t want to commit any more but damn if I’m not kicking myself for either getting out after being up a little last week or just waiting more. When it was down 20% I wasn’t down too bad since I bought in down 17%. Down 30% is crazy. Their PE ratio for 2018 is getting close to Walmart’s.
Down 30% for beating earnings by 80% (and even whisper numbers) and missing revenu by 0.9% amazes me. The market is a fickle ##### and she has turned hard. At least I know that my wife and I max our 401ks too so glad new money going in cheaper.
This week I'd recommend putting everything in a Hellman's mayonnaise jar and burying it in the back yard.Hello friends. I feel sure this has been discussed at some point in the thread but I'm having a hard time searching.
For those that are self-investors, which platform do you prefer? I have an old 401k (been sitting there costing me monthly maint fees) I would like to roll into an IRA to start investing. I know that may limit some platforms like TradeStation but others seem to allow rollover IRAs, such as eTrade and TD Ameritrade.
eTrade, TD, Fidelity, Ally, Schwab. Is one online brokerage any better than another? For regular brokerage accounts, is something like TradeStation or Robinhood recommended?
Thanks in advance for any info/advice.
I have both and I much prefer TDAmeritradeI use Schwab also, though haven't used any others for comparison.
You also prefer Salt Lick bbq.I have both and I much prefer TDAmeritrade
I like to take out of town non q-snobs there. Its a raucous, fun bbq place and the food ain't bad. I much prefer lounging at a table with a cooler full of BYOB * to standing in line in a parking lot for a couple of hours. If you want me to choose a plate, I doubt Salt Lick would not be one of the top 10 plates I'd take. If you are going to make me dedicate a few hours to the experience, I'll take Salt Lick.You also prefer Salt Lick bbq.
Pickle jar under the mattress may have to do. I have nosy neighbors who like to forage about.This week I'd recommend putting everything in a Hellman's mayonnaise jar and burying it in the back yard.
I've heard nothing but good things about TD Ameritrade.I have both and I much prefer TDAmeritrade
Certainly hope you are right. I was a buyer from 1730 down to 1510, with a cost basis of 1600 now. I’ll get out at 1800 with a smile (and 4K) and look to buy again in the next round of panic selling. This feels like a traders market, not an investors.Pretty disappointed that I missed the amzn bottom yesterday. Saw 14's and my heart was racing.
So dang busy at work yesterday that I told my self "I'll get it later" ... then it was mid 15's by the time I got back to it.
There is no doubt in my mind this is back to 1800 in a short amount of time. (full disclosure: I am a dumbaz and I have done no research to back this up).
Already touching 16's today. She's already taking off. <_< .
Attend the annual meeting and demand your .073 votes.Do we have any good fractional share shtick? I've never really given them a second thought, but as I sit here looking at them, I'm pretty sure they're actively mocking me. Can you donate .073 shares? From a 401k? Do I get $.01 every time there's a dividend on these? I don't think I've ever checked.
Now will no longer give unit sales figures. The market is not amused.Beats top and bottom line.
Dropping because guiding lower 1Q19 ETA: iPhone shipments missed too.
AAPL...WAIT!!!
Yep, went from bad to worse. QQQ already down more than it was up today.Now will no longer give unit sales figures. The market is not amused.
Don't want to hang out for that sweet sweet dividend?Licking my wounds on GE looking to tax loss harvest before year end......anyone in the know have a suggestion on when to sell between now and year end? Would you even bother to buy back in?
Salt in the wounds.?Don't want to hang out for that sweet sweet dividend?
Revisiting. I sat and watched when it was in the 1400s. Committed enough, but based on pre-market this morning, I'm just about even on my AMZN (about 1% down on combo of 2 purchases) and SQ (about 1% up) purchases. I wish I hadn't put as much in (or just waited a few days ) because I would have committed more in the 14s. You just get spooked while DCAing if things go real bad and it was looking real bad. I couldn't put in the rest of my available cash.Pretty disappointed that I missed the amzn bottom yesterday. Saw 14's and my heart was racing.
So dang busy at work yesterday that I told my self "I'll get it later" ... then it was mid 15's by the time I got back to it.
There is no doubt in my mind this is back to 1800 in a short amount of time. (full disclosure: I am a dumbaz and I have done no research to back this up).
Already touching 16's today. She's already taking off. <_< .
ACRX just got approval for their pain med. Still have yet to see a PR from the company, but the FDA released a statement about it due to the opiod crisis. Never seen anything like this. First the whole fake rejection, then the weird adcom where everybody sounded so negative but then voted in favor 10-3, then a US senator released his own press release saying how this drug shouldnt be approved, then some advocacy groups started releasing stuff, and then bam halted and approved.Feels a little dirty. Sold 500 at 2.65. Going to actually ride the remaining 500 through approval date.
Just bought 25 at $1660.00NeverEnough said:Any folks buying Amazon at close to $1,700 or just waiting for another dip?
I loaded up good and was willing to buy more. This economy is still super strong and it's just a matter of time before amzn bounces back.stbugs said:Revisiting. I sat and watched when it was in the 1400s. Committed enough, but based on pre-market this morning, I'm just about even on my AMZN (about 1% down on combo of 2 purchases) and SQ (about 1% up) purchases. I wish I hadn't put as much in (or just waited a few days ) because I would have committed more in the 14s. You just get spooked while DCAing if things go real bad and it was looking real bad. I couldn't put in the rest of my available cash.
At this point, I am just glad I'm about even because it feels like we may have already bottomed out. If it gets to 1800, sweet, I may jump out, not sure. SQ, I think can run some more and has higher return potential, so I stick with that.
1700 is about where my cost basis is for the shares that I bought these last 2 weeks.NeverEnough said:Any folks buying Amazon at close to $1,700 or just waiting for another dip?
Even if not going long, a little profit is better than 0. I bought some at $1500ish & a whole 3 more today. I'm planning on selling it all at $1,800. I'll jump back in later if it dips again.I loaded up good and was willing to buy more. This economy is still super strong and it's just a matter of time before amzn bounces back.
I don't care that the earnings report was a little off ... these guys aren't going anywhere for a long long while.
I'd sell some if it has a crazy run up and I thought it was about to come back down. Slow and steady uphill climb and I'm hanging on for the ride.
1700 is about where my cost basis is for the shares that I bought these last 2 weeks.
1700 is Still not a bad entry point imo ... but it pains me to buy more right now knowing that I could have had it at 1500 just a few days ago.
As someone in here said earlier, if your going to be holding long term then entry point doesn't make a big difference. I agree.
I haven't noticed any quality declines, but YMMV.fantasycurse42 said:CMG feels like it is setting up for an excellent short. I don't even know where to begin.
Valuation? Okay, 3x as rich as MCD (who I own and love as a long term hold, mentioned this one a year ago in here).
Growth? Same store sales grew 4.4% YoY (considering they implemented higher prices in Q4 last year, I'd view this as a huge disappointment). I would think having a valuation (P/E) significantly more than the industry leader should mean growth just a touch over 4.4%.
More growth? How about 1.1% fewer transactions per store... So the only thing they had going in the last year was a higher bill among slightly less consumers? Those comps will get harder going into this quarter when the price increases will be over half baked in and even harder into Q1 earnings.
I personally loved Chipotle about a decade ago, from my personal experiences the quality of the meal has greatly declined. I also can't remember the last time I walked by any Chipotle and saw the standard line I used to see as recent as 3-4 years ago. Half the Chipotles I walk by are empty.
Either their growth is going to have to explode, or there will be a day of reckoning, IMO. I lean towards the latter, now debating how to play it.
CMG is like my well, and I have to keep tapping it when the opportunity arises.
Maybe my tastes have changed. I have a Chipotle a few blocks from my house, my kids used to love it and I can split a bowl between the two of them for a quick/easy meal - lately they hardly eat it even after asking for it. There is usually 1/4-1/2 a bowl left when they're done, so I nibble and I swear it has gotten much much worse. I think it is gross and regardless of how cheap/easy it is for the kids, I think I'm done buying it for them.I haven't noticed any quality declines, but YMMV.
I should have jumped back in when they hired a new CEO, I knew that would be a rallying point.
The one thing that continually keeps me from buying CMG is the ever present threat of more norovirus outbreaks.
They keep happening, albeit less frequently, and I think it likely it will happen again.
I have a slight suspicion that there might even be some sabotage involved in some of those cases.
Either way, the threat of that happening again, perhaps with significant negative PR, is a kick in the nuts I see as avoidable and somewhat foreseeable.
You sold me. Just wrote a vertical call spread on CMG, betting that it will not rise above $500. I'm with you re: the P/E and the Chipotle fatigue. Fingers crossed on that norovirus outbreak soon!Maybe my tastes have changed. I have a Chipotle a few blocks from my house, my kids used to love it and I can split a bowl between the two of them for a quick/easy meal - lately they hardly eat it even after asking for it. There is usually 1/4-1/2 a bowl left when they're done, so I nibble and I swear it has gotten much much worse. I think it is gross and regardless of how cheap/easy it is for the kids, I think I'm done buying it for them.
Regardless of food, as 10 people will prob have 10 different opinions, on a pure stock price, what is attractive about this stock? You saw the numbers I posted? They're trading at a significant premium to other fast food chains, their foot traffic is flat (the comps aren't that crazy since they got walloped 2 years ago), and their same store sales are modestly higher.
How does anyone justify the price up here? You said the outbreaks keep you from being a buyer, so I'm curious; pretend that threat was gone, what would make you want to invest in Chipotle at these prices?
Maybe it is wishful thinking but I am hoping the blue wave crashes all over our Orange leader and his party tomorrow. In reality, the Dems will take the house but the Republicans will keep the Senate. I've been saying all along that when Mueller reports or when the midterms ding Trump, the markets will buckle as their sugar daddy will be closer to the exit door. I expect the markets to behave poorly on Wednesday (another reason to short CMG).Thoughts on midterms tomorrow? Not talking political views, but for the markets.
Everyone says a Republican sweep would be good for the markets, I assume these are the same talking heads that said Trump would cause an instant correction.
I'm playing the contrarian, a Republican sweep leads to yields spiking and is bad for the markets - gridlock would be better.
I think we could get a relief rally after the midterms, I'm waiting a week or so. I'm eyeing March $450 puts for around $25 (if it rallies and I can get them for $15, I'd be thrilled). This stock could fall by 50% and I still wouldn't look at it as a value play.You sold me. Just wrote a vertical call spread on CMG, betting that it will not rise above $500. I'm with you re: the P/E and the Chipotle fatigue. Fingers crossed on that norovirus outbreak soon!