All things STOCKS

[Thunder Good-Oil]

Oh?
View attachment 429917

Yes. The cheaper it gets the less crazy it becomes as an investment. It isn’t going to zero. Bitcoin can still get to 6 figures in the next year or two. I didn’t say less crazy as in not volatile. I said less crazy as in it is more viable as an investment since it has pulled back. It would still be crazy to allocate a huge percentage of a portfolio into crypto. Less than 5% is about as far as I would consider. But I’d maybe let it run if it appreciated to 10% or more.

 

[Thunder Good-Oil]

Depending on how things play out, RSX may be an opportunity. Bought some when Russia and Georgia were in their brief war and it plummeted.

Yes. For the long term I like those that sell anti-missile systems.

 

[Vol737]

Nothing should happen with this from US, and there is not much new happening. I have a friend from there and many Ukrainians want Russia there. Crimea? Many speak Russian. Seems like a time for Ukraine to divide.

I getting my info from my friend who still has family there.

Yes, I don’t think the US gets involved here other than offering words of support. I do think even though the US will not play a big role in what happens there, it will send the markets lower temporarily if Russia invades. Just another headwind for the markets. Who knows how long.

 

[Velo Vol]

Some credit unions are paying .5%. OTOH $50,000 @.5% will make you $250. in a year. What is your broker paying?

I'm not needing something completely riskless, but not riskly, like crypto, either.

 

[Velo Vol]

Remember "buy the dip"?

 

[walkenvol]

What’s your prediction for the bottom….I’m guessing 29,400

 

[@1RBFjr]

For the long term bought HD & JPM.

 

[Thunder Good-Oil]

Picked up VTI and ARKK at the open.

 

[Go aeiou]

About 68% of Bitcoin holders are under water.

 

[05_never_again]

ARKK is just a further 8% decline away from where it traded pre-pandemic. Nice little round trip there.

 

[GoDucks349]

ARKK is just a further 8% decline away from where it traded pre-pandemic. Nice little round trip there.

Hear there is a ETF shorting ARK.

 

[05_never_again]

Hear their is a ETF shorting ARK.

A good sign for ARKK bulls.

 

[Go aeiou]

Started buying today. At 40% cash I need to. Small amount of Boeing and small trade in BX. Used about 1 % of cash.

 

[BigOrangeMojo]

Started buying today. At 40% cash I need to. Small amount of Boeing and small trade in BX. Used about 1 % of cash.

Same here. Used about 5% of cash though.

 

[walkenvol]

If you were ready to jump in, What about those 2 companies was more appealing than many of the other good companies that have experienced a significant pull back?

 

[Velo Vol]

A good sign for ARKK bulls.

Well, it's been going for two months, and still no ARKK bottom.

Fund Shorting Ark Innovation Gains $234 Million of Assets - TheStreet

 

[05_never_again]

Well, it's been going for two months, and still no ARKK bottom.

Fund Shorting Ark Innovation Gains $234 Million of Assets - TheStreet

I didn't mean as soon as the fund opened that meant ARKK would bottom that day. I meant it is a sign that sentiment is probably swinging too far the other day and the move down is closer to the end than the beginning.

 

[Carp]

Crappy market is crappy.

Still haven't bought anything this year and the rest of my holdings are crap. IWM is down about 15% from it's November ATH. I think there's more to bleed. Maybe February will be worth it when people get their tax returns.

I'm still liking Disney at this price, but I just can't trade in this market.

 

[Go aeiou]

Same here. Used about 5% of cash though.

Actually, closer to 3%. I was including bonds as cash. The reason I have so much cash is I see neither bonds or stocks as a good buy. Also retired, and main concern is capital preservation. Have held bonds and sold stocks . Finally an entry point.
Of course equities could go up 10,000 points this year.

 

[BigOrangeMojo]

Actually, closer to 3%. I was including bonds as cash. The reason I have so much cash is I see neither bonds or stocks as a good buy. Also retired, and main concern is capital preservation. Have held bonds and sold stocks . Finally an entry point.
Of course equities could go up 10,000 points this year.

Yeah, in unique position here as spouse has left her job and 100% in cash for her 401k and Deferred comp plan (she got lucky there for sure). Finally got it rolled over and trying to determine how much to move from cash each day.

 

[Firebirdparts]

Bulls fightin' back

 

[05_never_again]

Biggest volume day in SPY since late March 2020 and the biggest volume of the move down so far. Combined with the intraday reversal, probably indicative of a bottom (today's low) that lasts for a few days.

 

[tbh]

Bulls fightin' back

That was quite a comeback. was down overall close to 3% but ended the day down only .42%. Managed to buy some more JNJ for a good price as well!

 

[Velo Vol]

Biggest volume day in SPY since late March 2020 and the biggest volume of the move down so far. Combined with the intraday reversal, probably indicative of a bottom (today's low) that lasts for a few days.

Then what?

Fed time!

 

[05_never_again]

Then what?

Fed time!

No idea. If the market doesn't like what it hears from the Fed meeting later this week, it probably fizzles quickly and re-tests today's low. It seems like there are a very large amount of unknowns right now.