Stock Market

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Made a purchase yesterday.
First time since 2021
Another real estate lender.
Surging up this year with good mid term analysis.
...and currently paying 11.5% monthly.

...although I''m tightening my watch on the other golden goose REIT I have paying 13% as it has leveled off YTD.
Sold off 30% of that last year and cashed out on the 30% profit. Hopefully I will lock in the 30% or close to it on the other shares, while they keep paying me.
Closely watching the housing and lending market as well.

...and my wells fargo gamble finally paid off this year after holding them for almost 10 years, while collecting the 4% dividend.
Now up about 3K on that.
 
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To all that stated that the stock market was gonna crash real soon and cars would soon be worthless.. :drama:

Closed today at 40,206 !!!
 
Banks doing well on the housing news. Mega caps were flakey today. Bitcoin is off again and gold reacting predictably to the DXY. I'm having some luck with short and medium corp bond etfs just now too. Happy Hunting
 
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Been sittin on this turd since Nov 2021 when I realized the market was not bouncing back. Phone goes crazy this AM which I chose to Ignore just because! Popped at $4.58 and I'm in at $3.31, while F### Me. All this with reinvested money that I paid capital gains on years ago, losing money to make money or is it making money to lose money!

1712161340550.png
 
dadsbee said:
To all that stated that the stock market was gonna crash real soon and cars would soon be worthless.. :drama:

Closed today at 40,206 !!!
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There have been buncha "crashes" since 1929, 20ish iirc, the market was always equal to or ahead within 3 monthish iirc
Our biggest worry is the big "RED" button, someone presses,
And results of the election.


like_A_pike said:
Banks doing well on the housing news. Mega caps were flakey today. Bitcoin is off again and gold reacting predictably to the DXY. I'm having some luck with short and medium corp bond etfs just now too. Happy Hunting
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Depending on election, the US dollar could tank on the world market, people moving to gold and bullets for investment security.
69FBCuda said:
Been sittin on this turd since Nov 2021 when I realized the market was not bouncing back. Phone goes crazy this AM which I chose to Ignore just because! Popped at $4.58 and I'm in at $3.31, while F### Me. All this with reinvested money that I paid capital gains on years ago, losing money to make money or is it making money to lose money!

View attachment 1716230962
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Sometimes it's time to consider cutting loses.
I think 70% of the S&P is up considerably, in 9 of 11 sectors.
Maybe time to find another horse
Consider a "stop-loss", set when you buy, "if it drops below "$n", sell.
Software or discipline may help cash preservation.
(Read and experienced that, lol)

Folks will be moving to gold with the uncertainty ahead.

If any of you got into DJT, you will now understand the value of a "stop-loss".
Lotta people hurting now, DJT is losing millions monthly, will continue dropping imho.

The market is broadening, it's not just the Magnificent 7 or 4 or ?
The Fed won't be lowering rates anytime soon, which will hurt the home builders, mortgage seekers.
Something will make the rates go down before the election.
Stay vigilant .
 
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Inertia said:
There have been buncha "crashes" since 1929, 20ish iirc, the market was always equal to or ahead within 3 monthish iirc
Our biggest worry is the big "RED" button, someone presses,
And results of the election.




Depending on election, the US dollar could tank on the world market, people moving to gold and bullets for investment security.


Sometimes it's time to consider cutting loses.
I think 70% of the S&P is up considerably, in 9 of 11 sectors.
Maybe time to find another horse
Consider a "stop-loss", set when you buy, "if it drops below "$n", sell.
Software or discipline may help cash preservation.
(Read and experienced that, lol)

Folks will be moving to gold with the uncertainty ahead.

If any of you got into DJT, you will now understand the value of a "stop-loss".
Lotta people hurting now, DJT is losing millions monthly, will continue dropping imho.

The market is broadening, it's not just the Magnificent 7 or 4 or ?
The Fed won't be lowering rates anytime soon, which will hurt the home builders, mortgage seekers.
Something will make the rates go down before the election.
Stay vigilant .
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I little late in the game for stop loss. CD's have been dropping over the last few week, I have had to shift my ladder to other banks. Right now SCCU is at 5.35 AYP
 
Hard to know where to be just now. I moved some into a gold etf a few days ago and it is tracking pretty good this week. I lowered my exposure to equities and corporate bonds recently.
 
Jumped into the hole last week. A couple stocks close to buy points. Hanging onto my IAUM just in case…..

One little maneuver I use for long downward skids is move from riskier assets to a stable value fund to preserve capital. They are only available in your tax deferred retirement accounts. (401k). I don’t recommend trying to time markets but I think that they are actually for weathering down turns. Brighter bulbs than myself in here may expound. Take a look in your account and see if you can’t leverage these when necessary.
Happy hunting!
 
Most of what I have in my Stock portfolio are very low vs initial investment time. I am willing to wait these out. I also have a Fidelity market IRA which has made a comeback recently with the "No Fee" funds and the 401k has recovered and surpassed previous highs fortunately. Several IRA CD's taking advantage of the current interest rates, my largest ichunk at this time is the CD's pulling in 5.0% to 5.5% 12mo . I did take advantage of the IRA tax break this year $7500 at 5.35% ayp for 18mo, this saved me $700 in taxes this year.

IAUM up 35% over 5 yrs, not too shabby!

TLT and TMF are near their 5 yr bottom, if the markets drop I may jump in.
 
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69FBCuda said:
Most of what I have in my Stock portfolio are very low vs initial investment time. I am willing to wait these out. I also have a Fidelity market IRA which has made a comeback recently with the "No Fee" funds and the 401k has recovered and surpassed previous highs fortunately. Several IRA CD's taking advantage of the current interest rates, my largest ichunk at this time is the CD's pulling in 5.0% to 5.5% 12mo . I did take advantage of the IRA tax break this year $7500 at 5.35% ayp for 18mo, this saved me $700 in taxes this year.

IAUM up 35% over 5 yrs, not too shabby!

TLT and TMF are near their 5 yr bottom, if the markets drop I may jump in.
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Very well done .
Most investments should be doing well, considering we were shut down with disease a few years ago.
Saudi's drove oil price down to buy more oil assets that couldn't stay afloat cuz of the higher interest rates small outfits couldn't afford.
These small guys got used to near zero interest on their loans/mortgages, new rates broke them.
RIG offshore started activating it's first of many dormant rigs.
Price of Saudi oil going up, my guess $100,

Josh Brown is pounding table on IEO, a fund tracking all oil assets in general, so I'm putting some $$$ there, it's been on my radar for a while, gonna pull the trigger, with a stop of course.
jmo

iShares U.S. Oil & Gas Exploration & Production ETF (IEO)​

There's likely to be a pause as the smaller stocks that shouldn't have gone up, go down back where they should be, good value stocks will stayish, and general market should rise.

There should be some powerful earnings reported for the first quarter, that should bolster the general up trend, but election is looming .
Stay vigilant.

Review your holdings, do a tune-up, get rid of dogs .
 
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69FBCuda said:
IAUM up 35% over 5 yrs, not too shabby!
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I picked up some of the more tangible kind when both kids were born. Jeez, we play with it, talk about value, and learn about money together. All the while it’s ticking northbound at around 12% a year. (16.5% here just lately) The Chinese are not buying Concourse grade Barracudas to hedge against inflation and political pressures! I’m pretty jealous, by the way, of some of these cars showing up on build threads lately. Trying to rationalize my life choices maybe….

So a higher CPI actually means folks are still spending and in our economy thats good. It’s just not gonna help my stocks today if it comes in over the 3.4% y.o.y. they’re expecting.

….edit…. Poop! 3.5%! JPow is not gonna like that. GE acted well during last weeks slip & doing the same today.
 
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My Titanic is rising

The Feds are relaxing the laws on cannabis, changing it from Schedule 1 equal to Opium etc down to Schedule 3, which allows businesses to become "legit", and use banks etc.
There may be an opportunity here as the pot stocks are flying.
Do your own Due Diligence, any trade you decide to make is yours and yours alone.

I'll be adding to this post for a while with more info
 
Amazon reports earnings tonight, if it does well, as I expect, bodes well for the mkts.

Cannabix BLOZF, just got approval to distribute their pot breathalyzer, and has been moving the last week or so.
This could get good - jmo

Fed speak tmrw could dampen the mkt.
 
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44070dart said:
-570 ..and the fed hasn't said anything yet. :BangHead:
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That was quite a close .
I had price alarms, volume alarms, stop-losses firing off, holy chit.
All the pot stks went setting off alerts, then I had to go find what triggered it, news, - guys in other rooms screaming . . .
End of month sell-off to be a expected, but sheesh.
Haven't seen this since Jan 6 , or 9/11.
A donald tweet has been known to have the same effect, cept he had a tell.

I had to go out and mow the lawn to get my blood pressure down !

With pot being changed to Schedule 3 has opened a world literally.
Now research here in the States can finally resume, miracle drugs will ensue with aid of AI .
Retailers will have access to banks, loans, this is where retail should do much better .
The stronger companies/survivors remaining I'm aware of are Canopy, Tilray, Trulieve, I'm familiar with, there are others, - I just put on ignore for very personal reasons. Lol

Due Diligence, find out about the company and find out about the effect of the law changes, came out around noon.
Stop-loss, do it, set it, either in your mind or the broker software, so if it goes against you, you limit your loss.
If you're fortunate enuff to have a stock price double, Sell half, do it.
Then your profit is locked in and you are playing with free money,
Any decision you make is yours, and yours alone .
( Can you tell I had a mentor)
Cheers, Good Hunting .
 
Interest rates are on their way up, the announcement will come shortly if not tomorrow.
 
I think a lot of retail investors are looking for the exits. LLY reported well after hours but flatlined during trading, googl (A) did the same. If you were in you did well but you can’t expect a bull run after. Everyone in is profit taking and prices retreat. The analysts all say to not buy ahead of the Q1 reports for fear of loosing big if the news isn’t good. Then we have today! SMCI and AMD both reported OK but the down day sunk all boats. I’m breaking even so far but I’m gonna have to hold AMD a little bit longer…. Rising bond prices must be chipping away at gold prices just now too. Grr Stop loss if you gamble ahead of those earnings reports fer sher. Otherwise buy on fundamentals and hang on. They’ll come back!
 
One of the talking heads mentioned " stagnation " early this morn, and like wildfire that word echoed thru every mouth of the day.
There is no stagflation, nor is there likely to be .
The lower 20% income earners showed some stress.
Visa volumes are steady, few delinquency, few late payments.
No unusual car/truck loan delinquencies.
Starbucks volumes down.
Hi $$$ consumer discretionary slowing.
Walmart volumes steady .
It's 50/50 .
It's up to fed, no need to raise, just longer till lower if at all.

Just a footnote, the low interest rates of the last decade plus made us complaisant, that's why bonds, saving made no $$$ interest, now they DO.
I bought my first house 1969, $22,000,
20 yr $14k mortgage was 9ish *%.
My apprentice wage $3.20ish
Bought next house 1972, mortgage rate near 18% .
Perspective . . .
 
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