All things STOCKS

#15,131
#15,131
BigOrangeMojo said:
Sold a decent bit today. Been on one hell out a heater (like many people) and figured it was good time to take some profits ..
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Didn't want to, but did the same with a brokerage account I have on the side. Have some things I have to take care of coming up in the next couple of weeks, so it worked out fine.
 
#15,132
#15,132
Looks like happy days are here again. Boy, yesterday, I had a bit of a bad day. My exposure to interest rate risk was mean to me.

P.S. them marijuana stocks are lighting up again today
 
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#15,135
#15,135
^^^^ I don't know how old you are, but I'm thinking you might be old enough to remember each of those.
 
#15,138
#15,138
Firebirdparts said:
^^^^ I don't know how old you are, but I'm thinking you might be old enough to remember each of those.
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I am confident this is very obvious, but I don't get it.

History shows that whenever the Fed starts cutting rates, the S&P will start a decline that bottoms on average at 195 days?

I guess my question is........why?
 
#15,140
#15,140
Jax_Vol said:
I am confident this is very obvious, but I don't get it.

History shows that whenever the Fed starts cutting rates, the S&P will start a decline that bottoms on average at 195 days?

I guess my question is........why?
Click to expand...

Either a recession is expected or we are already in one. People sell stocks for various reason:
Afraid of a "bad" recession or worse.
Sell now hoping to buy back at a lower price.

195 days? It had ot be some number. I'm guessing the (number of days) are all over the place or there haven't been enough recessions to make the 195 a meaningful #. Interesting, that's just slightly over 6 months. I would have guess somewhat longer.

BTW, thanks for CELH recommendation. I sold last week for a nice profit.

Bought PLTR a few days ago(Thunder G O). Wow! have a sell order in for most of it tomorrow.
 
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#15,141
#15,141
Go aeiou said:
Either a recession is expected or we are already in one. People sell stocks for various reason:
Afraid of a "bad" recession or worse.
Sell now hoping to buy back at a lower price.

195 days? It had ot be some number. I'm guessing the (number of days) are all over the place or there haven't been enough recessions to make the 195 a meaningful #. Interesting, that's just slightly over 6 months. I would have guess somewhat longer.

BTW, thanks for CELH recommendation. I sold last week for a nice profit.

Bought PLTR a few days ago(Thunder G O). Wow! have a sell order in for most of it tomorrow.
Click to expand...

Congrats! I also exited CELH in mid-July. But, it was a good one for 5-6 months there.

PLTR is a really interesting company. I played them a bit a few months after their IPO. For my taste, there are too many secrets in the 'big data' business to understand where it will go. But, I do like Peter the CEO, so it is a bit like betting on the jockey there.

On the recession business, no way there is enough of a data sample there over the last 70-80 years to define a number of days. With that said, I'm going to dig deeper into the topic. If we did successfully predict a recession here on VolNation, do you short the market? Buy bonds? I don't want to do do the puts / calls business. But, assume there are funds you can buy that are shorting something.

Warren always says, "Never bet against the United States economy"
 
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#15,142
#15,142
I don’t expect an S&P bottom to take 6-7 months or longer after rate cuts commence. I think that the reason for a future cut will be to normalize rates rather than to stimulate.

I’d like to sell PLTR covered calls with about a 23 strike. I’d like to buy to close DIS 85 puts if I get about another 25%. I think they expire 8/11, so if everything else I want keeps going up I might just stay short until they expire.
 
#15,143
#15,143
GM 5.4x
MLI 7.1x
OXY 7.2x
C 7.5x
NUE 7.9x
XOM 8.6x
JPM 10.2x
CVX 10.4x
EMR 11.2x
BWA 11.4x
IP 12.3x
F 12.8x
GE 13.3x
URI 14.2x
DE 14.4x
NOC 14.8x
UPS 15.1x
CSX 16.8x
AXP 17.2x
FDX 17.4x
TXT 17.9x
CAT 19.6x
NSC 21.0x
GEHC 21.5x
RTX 23.2x
 
#15,145
#15,145
Jax_Vol said:
Congrats! I also exited CELH in mid-July. But, it was a good one for 5-6 months there.

PLTR is a really interesting company. I played them a bit a few months after their IPO. For my taste, there are too many secrets in the 'big data' business to understand where it will go. But, I do like Peter the CEO, so it is a bit like betting on the jockey there.

On the recession business, no way there is enough of a data sample there over the last 70-80 years to define a number of days. With that said, I'm going to dig deeper into the topic. If we did successfully predict a recession here on VolNation, do you short the market? Buy bonds? I don't want to do do the puts / calls business. But, assume there are funds you can buy that are shorting something.

Warren always says, "Never bet against the United States economy"
Click to expand...

I don't short the market because I'm wrong about the movement too often. I own bonds as of 2022 primarily because I'm approching the age where I have to take RMDs from my SEP-IRA(since 1985), and that will cause my income tax liability to increase materially.
I think Warren would say the market is fully priced today or at least nearing "fully priced"
Yes, there are ETFs that short stocks or bonds.
Yep, US is #1. I also have several international funds/etfs/stocks. NVO.
 
#15,149
#15,149
Jax_Vol said:
Congrats! I also exited CELH in mid-July. But, it was a good one for 5-6 months there.

PLTR is a really interesting company. I played them a bit a few months after their IPO. For my taste, there are too many secrets in the 'big data' business to understand where it will go. But, I do like Peter the CEO, so it is a bit like betting on the jockey there.

On the recession business, no way there is enough of a data sample there over the last 70-80 years to define a number of days. With that said, I'm going to dig deeper into the topic. If we did successfully predict a recession here on VolNation, do you short the market? Buy bonds? I don't want to do do the puts / calls business. But, assume there are funds you can buy that are shorting something.

Warren always says, "Never bet against the United States economy"
Click to expand...
Bought 500 shares of PLTR at 10.6 in May. Quite happy with it at the moment. Think earnings might be sell the news but not sure
 
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#15,150
#15,150
Big Orange#1 said:
Bought 500 shares of PLTR at 10.6 in May. Quite happy with it at the moment. Think earnings might be sell the news but not sure
Click to expand...

Congrats for winning the daily double!!

Yeah, Peter has reached a level where he sells himself short on those earnings call. Unless you are in for the long term gains business, don't think I would hold PLTR through earnings. That is just their swag. He likes to show the street that he is the boss. Which does annoy some of the true fans of the company.
 
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