stock market was up today...

#12,660
#12,660
Velo Vol said:
I don't want to until it's done going down.

Not sure "growth" stocks have interest rate increases fully priced in.
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It may go down in the short term, but keep in mind the last time it split, went down to $100 a share (there about), then rifled back up to $500/share and split again recently. I never let fear get in the way of buying the best companies out there, but I do try and get the best price. And there's this....

Apple’s road to $4 trillion starts with its rumored headset and Apple car
 
#12,661
#12,661
Vol737 said:
I never let fear get in the way of buying the best companies out there, but I do try and get the best price. And there's this....
Click to expand...
I have the feeling, which is somewhat warranted, that by the time I notice that a stock keeps going up, the people who are going to buy it have already done so. :(
 
#12,662
#12,662
Vol737 said:
It may go down in the short term, but keep in mind the last time it split, went down to $100 a share (there about), then rifled back up to $500/share and split again recently. I never let fear get in the way of buying the best companies out there, but I do try and get the best price. And there's this....

Apple’s road to $4 trillion starts with its rumored headset and Apple car
Click to expand...

I have seen this on a much smaller scale and just cannot put my fingers on it...

1*abdX1YajAUt-3rH21_leqA.jpeg



Come on now even @McDad would rate that an 8 out of 10
 
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#12,663
#12,663
Markets wobbly again this a.m. What I’ve seen is the defensive dividend stocks and oil/energy are being bought. Tech getting beaten down pretty good. Mid cap ETFs getting beaten down too, which surprises me a little bit considering some of the solid performers within the ETF that I own that can weather a storm just fine. My guess is we hear the ole “markets officially in bear market territory” within the month. Hoping for only the 9 month avg bear market when it comes. @Thunder Good-Oil, what’s your take?
 
#12,665
#12,665
Vol737 said:
Markets wobbly again this a.m. What I’ve seen is the defensive dividend stocks and oil/energy are being bought. Tech getting beaten down pretty good. Mid cap ETFs getting beaten down too, which surprises me a little bit considering some of the solid performers within the ETF that I own that can weather a storm just fine. My guess is we hear the ole “markets officially in bear market territory” within the month. Hoping for only the 9 month avg bear market when it comes. @Thunder Good-Oil, what’s your take?
Click to expand...

I think it’s all just noise while we wait for a COVID resolution. Pandemic break out names take off and retreat. COVID beneficiaries like Pfizer do the opposite. There may not be a huge overall market move in either direction until the mid-term election results become clear.

I think that it’s not a bad time to be selective for long term holds. Short term traders can catch some price swings. No telling which way things go in the next 6 months. Range bound is my guess. Emphasis on “guess”. Even interest rates changes seem to be kind of quiet… but I’m not much of rate watcher.

As always, I like healthcare's demographics. Plus legislation might not be disruptive (Trump might have hurt Big Pharma and Medicare beneficiaries with hurtful negotiations - I doubt that the current administration is a threat). I always like financials as well. Easy money has maybe already been made with industrials and materials even if a bi-partisan “build back better” ever gets put together.

It might be a good time to back up the truck on defense companies. Raytheon (RTX) and LMT perhaps. They always have that safety net of being critical for national security. They might pop as Republicans winning seats in Congress becomes highly probable. NOC is making the unmanned aircraft. General Dynamics (damn <- VN profanity auto correct of gee dee) has contracts to build carriers for the next several decades. LDOS. HON. LHX. GE. SAIC. TXT.
 
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#12,668
#12,668
Thunder Good-Oil said:
I think it’s all just noise while we wait for a COVID resolution. Pandemic break out names take off and retreat. COVID beneficiaries like Pfizer do the opposite. There may not be a huge overall market move in either direction until the mid-term election results become clear.

I think that it’s not a bad time to be selective for long term holds. Short term traders can catch some price swings. No telling which way things go in the next 6 months. Range bound is my guess. Emphasis on “guess”. Even interest rates changes seem to be kind of quiet… but I’m not much of rate watcher.

As always, I like healthcare's demographics. Plus legislation might not be disruptive (Trump might have hurt Big Pharma and Medicare beneficiaries with hurtful negotiations - I doubt that the current administration is a threat). I always like financials as well. Easy money has maybe already been made with industrials and materials even if a bi-partisan “build back better” ever gets put together.

It might be a good time to back up the truck on defense companies. Raytheon (RTX) and LMT perhaps. They always have that safety net of being critical for national security. They might pop as Republicans winning seats in Congress becomes highly probable. NOC is making the unmanned aircraft. General Dynamics (damn <- VN profanity auto correct of gee dee) has contracts to build carriers for the next several decades. LDOS. HON. LHX. GE. SAIC. TXT.
Click to expand...

Thanks. Grabbed RTX early last year, didn’t do much for a while but has since popped. Unlike 08-09 and March of 2020, I’m not unloading anything really and don’t think there’s going to be that level of correction and then opportunity following. I’m just getting a little more defensive with what I think will weather this volatility, be it short, medium or long term.
 
#12,670
#12,670
Vol737 said:
Thanks. Grabbed RTX early last year, didn’t do much for a while but has since popped. Unlike 08-09 and March of 2020, I’m not unloading anything really and don’t think there’s going to be that level of correction and then opportunity following. I’m just getting a little more defensive with what I think will weather this volatility, be it short, medium or long term.
Click to expand...

RTX makes a couple million every time a missile gets fired. I’d think that the ones that aren’t fired have expiration dates. RTX, BA, and Gen’l Dee are all involved in interceptor type of systems to knock down the bad guy’s missiles.

I doubt that those shiny new aircraft carriers are going to be filled up with aging aircraft. LMT and NOC should be set for decades.
 
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#12,672
#12,672
Complete hypothetical, obviously, but if the Fed announced today that it was immediately ceasing purchases, how much would the market sell off?
 
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