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Thread: Stocks

  1. #481
    Bogley BigShot oldno7's Avatar
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    If Aurora leaves the station without me today, there will still be another time to get in.

    I'm in no hurry.

    I'd like to see a decline into the end of this week, then buy prior to earnings.

    My Fibonacci projections have 9-24 as a key date.
    I'm not Spartacus


    Boycotting imlay canyon gear because I value access

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    Who Is John Galt?

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  3. #482
    Bogley BigShot oldno7's Avatar
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    I did buy the mutual fund--VGPMX yesterday.
    I'm not Spartacus


    Boycotting imlay canyon gear because I value access

    Professional Mangler of Grammar

    Guns don't kill people--Static Ropes Do!!

    Who Is John Galt?

  4. #483
    Bogley BigShot oldno7's Avatar
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    Quote Originally Posted by oldno7 View Post
    I did buy the mutual fund--VGPMX yesterday.
    This is up close to 3% in 2 days, hopefully precious metals still climb.

    Lithium is also growing at a steady pace.

    Yesterday I got back in pot stocks.
    I'm not Spartacus


    Boycotting imlay canyon gear because I value access

    Professional Mangler of Grammar

    Guns don't kill people--Static Ropes Do!!

    Who Is John Galt?

  5. #484
    Bogley BigShot oldno7's Avatar
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    And today, back out of pot stocks.

    My Aurora trade +12.44%

    Canopy + 6.18%

    I still own smaller pot stocks.

    I still think a big jump is coming, if my fibo #'s work, we should have 2 down days, then to the moon.

    If I'm wrong, there will always be another trade.

    I detest giving back hard earned $$, which is why I often make a good trade and miss a great trade.

    My precious metals mutual fund won't reconcile until after 4:00 today but it should be up quite well again.
    I'm not Spartacus


    Boycotting imlay canyon gear because I value access

    Professional Mangler of Grammar

    Guns don't kill people--Static Ropes Do!!

    Who Is John Galt?

  6. #485
    Bogley BigShot oldno7's Avatar
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    Ohh--and the DOW set a new all time high, it was lagging the Nasdaq and S&P
    I'm not Spartacus


    Boycotting imlay canyon gear because I value access

    Professional Mangler of Grammar

    Guns don't kill people--Static Ropes Do!!

    Who Is John Galt?

  7. #486
    Bogley BigShot oldno7's Avatar
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    in 3 days, the mutual fund I bought is up 4.23%(VGPMX)
    I'm not Spartacus


    Boycotting imlay canyon gear because I value access

    Professional Mangler of Grammar

    Guns don't kill people--Static Ropes Do!!

    Who Is John Galt?

  8. Likes Sandstone Addiction liked this post
  9. #487
    I'm thinking Tesla is about to follow Tucker and Delorean into the dumpster of car companies that were great ideas that just didn't pan out. FWIW - Tesla stock is down 44% from it's summer high and the company is burning through cash.

    Tesla faces a reckoning with CEO Elon Musk's job in jeopardy
    http://www.ksl.com/index.php?sid=46397851&nid=151

  10. #488
    Bogley BigShot oldno7's Avatar
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    I know not many follow this so I don't update frequently.

    Last week I bought into another Canadian pot stock that I feel is just getting started---ALEAF

    This morning I'm completely out of Aurora.

    The Canopy and Aurora stocks had a very nice run and should continue up but at a more moderate pace, I think the big money has been made(until coke or some other put big money into Aurora and they will)

    I looked for more undervalued pot stocks and besides ALEAF, bought CHOOF, Auxly Cannabis.

    Also meddled(lol) into precious metals and am waiting for one more push down to buy in, earnestly.
    I'm not Spartacus


    Boycotting imlay canyon gear because I value access

    Professional Mangler of Grammar

    Guns don't kill people--Static Ropes Do!!

    Who Is John Galt?

  11. #489
    Dow falls 832 points in third-worst day by points ever


  12. #490
    Meh... we had two bigger corrections in February. Watch for the market to bottom out and buy.


  13. #491
    Quote Originally Posted by Iceaxe View Post
    Meh... we had two bigger corrections in February. Watch for the market to bottom out and buy.


    Yup....the corrections back in February were 'Yuge'. By May the Dow had started to climb again.

    Good time to consider buying opportunities.
    <----I'm with Spartacus

  14. #492
    The market was about 18,000 when Trump took office, it's over 25,000 now. You can currently get 3% guaranteed on some savings accounts so many are pulling the money they made over the past two years and parking it in a safe place until after the mid term elections.

    If the GOP keeps both houses the market will make another big run, if Democrats take both houses the market will drop, if we have a mixed bag the market will slowly rise.

    You're welcome


  15. Likes rockgremlin liked this post
  16. #493
    Quote Originally Posted by Iceaxe View Post
    The market was about 18,000 when Trump took office, it's over 25,000 now. You can currently get 3% guaranteed on some savings accounts so many are pulling the money they made over the past two years and parking it in a safe place until after the mid term elections.

    If the GOP keeps both houses the market will make another big run, if Democrats take both houses the market will drop, if we have a mixed bag the market will slowly rise.

    You're welcome


    Interesting how the market is so intimately tied to whoever happens to be in power at the time...
    <----I'm with Spartacus

  17. #494
    Quote Originally Posted by rockgremlin View Post
    Interesting how the market is so intimately tied to whoever happens to be in power at the time...
    It's not a real mystery.... It has to do with taxes, how businesses will be taxed, and how profits will be taxed.

    As a general rule Democrats believe in redistribution of wealth through taxation, while Republicans believe in trickle down. That's painting the picture with a broad brush, but will help some understand why the market is so closely tied to who is in power.


  18. #495
    Bogley BigShot oldno7's Avatar
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    Quote Originally Posted by rockgremlin View Post
    You looking to buy precious metals as a safe haven or what? You strike me as a guy who likes to keep his money moving. Typically folks invest in precious metals if they suspect the economy might take a downturn. Buy gold and ride out the storm. As I understand it, it's more a strategy to hold on to your money instead of generating income. All of that said, what's your motivation to jump into metals?

    Hmm--HUI up over
    7% today
    This is why I bought precious metals(wish I'd bought more)
    I'm not Spartacus


    Boycotting imlay canyon gear because I value access

    Professional Mangler of Grammar

    Guns don't kill people--Static Ropes Do!!

    Who Is John Galt?

  19. Likes rockgremlin liked this post
  20. #496
    Even with the recent large correction in the stock market and with the large correction in February the DJIA is still up 9.53% for the past year (365 days). Just thought I'd point out that small fact as that's a great return. At that rate you can double your money every seven years.


  21. #497
    Bogley BigShot oldno7's Avatar
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    Quote Originally Posted by DirkHammergate View Post
    Nike closed on an all time high... thatís weird.
    Nike is down $11 +/- from those highs....that's weird.
    Attached Images Attached Images  
    I'm not Spartacus


    Boycotting imlay canyon gear because I value access

    Professional Mangler of Grammar

    Guns don't kill people--Static Ropes Do!!

    Who Is John Galt?

  22. #498
    Bogley BigShot oldno7's Avatar
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    Quote Originally Posted by oldno7 View Post
    I know not many follow this so I don't update frequently.

    Last week I bought into another Canadian pot stock that I feel is just getting started---ALEAF

    This morning I'm completely out of Aurora.

    The Canopy and Aurora stocks had a very nice run and should continue up but at a more moderate pace, I think the big money has been made(until coke or some other put big money into Aurora and they will)

    I looked for more undervalued pot stocks and besides ALEAF, bought CHOOF, Auxly Cannabis.

    Also meddled(lol) into precious metals and am waiting for one more push down to buy in, earnestly.
    Auxly up 18% today, thus far
    I'm not Spartacus


    Boycotting imlay canyon gear because I value access

    Professional Mangler of Grammar

    Guns don't kill people--Static Ropes Do!!

    Who Is John Galt?

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