Results 281 to 300 of 1389
Thread: Stocks
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02-08-2018, 03:19 PM #281
Anyone jumping out a window...? Ha ha.
Funny...I keep scrolling back to see how far back the plunge takes us. November is all. Crazy how much the dow was gaining last year. That was a long upward ride.
Lets hope for slow and steady up up up....(please)...
The analysis of the why's will be interesting in the next couple of weeks...
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02-08-2018 03:19 PM # ADS
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02-08-2018, 06:34 PM #282
Yeah I've been burned by this pattern of ups and downs in the market before. Several years ago I used to day trade a lot so I tracked daily movements in the markets religiously.
One thing I learned was - if the market trades choppy all of the sudden it's a prelude to a pretty decent correction - the bears are at the door!It's only "science" if it supports the narrative.
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02-10-2018, 09:42 AM #283
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02-10-2018, 10:03 AM #284
I'm going with lots of upside from here.
I'm not Spartacus
It'll come back.
Professional Mangler of Grammar
Guns don't kill people--Static Ropes Do!!
Who Is John Galt?
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02-11-2018, 01:43 PM #285
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02-12-2018, 01:49 PM #286
Well, today was a good day.
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02-14-2018, 06:19 AM #287
looks like we might open with a 200 pt +/- drop this morning
I'm not Spartacus
It'll come back.
Professional Mangler of Grammar
Guns don't kill people--Static Ropes Do!!
Who Is John Galt?
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02-16-2018, 02:34 PM #288
Dow is crawling its way back...nice and slow...easy does it...
Whew. My 401ks are back in positive ground for the year. Back to 5 Feb levels. (But not 1 Feb).
I probably should quit watching it everyday...
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02-20-2018, 05:43 PM #289
MJ stocks are ruling the market.
I have earnings on my biggest one coming up in March.
I'm going to hold into earnings as I believe this market has just begun to grow.
Prospect of legalization in Canada in or around July will be HUGE.I'm not Spartacus
It'll come back.
Professional Mangler of Grammar
Guns don't kill people--Static Ropes Do!!
Who Is John Galt?
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02-20-2018, 09:01 PM #290
I'd be shocked if it's not legal everywhere in 10 years. Even in Utah. The tide has turned, and to deny overwhelming support for it would be foolish. At some point the feds will have to relent. I mean for crying out loud it's legal recreationally in D.C.- our nation's capitol.
It's only "science" if it supports the narrative.
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02-21-2018, 05:52 AM #291
I've looked into US mj stocks and even successfully traded some.
They are far behind Canada as far as value and volatility.
Having said that, there is WAY more potential in US mj stocks than the Canadian's due only to market size.
I keep looking for the US leader in this category and I don't see one as of yet.
I've had 70-80% gains in Canadian stocks, the right US ones will be far more than that, IMO.I'm not Spartacus
It'll come back.
Professional Mangler of Grammar
Guns don't kill people--Static Ropes Do!!
Who Is John Galt?
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02-26-2018, 07:27 PM #292
Hey. I don't know if you guys are familiar with the "Robin Hood" app but it allows for fee less stock trading and eventually there will be fee-less crypto trading as well.
If you sign up using my link, we will both get 1 free stock:
https://share.robinhood.com/danb377"My heart shall cry out for Moab..." Isaiah 15:5
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02-27-2018, 10:26 AM #293
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02-27-2018, 04:50 PM #294
The Federal Reserve did a good job of torpedoing the stock market today :-(
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02-28-2018, 07:37 AM #295
And it's coming back already. Keeping interest rates at or near 0 like they have done for the last 10 years can't work forever, so interest rates have to rise sometime.
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02-28-2018, 11:20 AM #296
Maybe so, but the only ones who are benefiting from the increase are the banks and money lenders. Everyone else loses (even if you don't have debt).
I have also noticed now that interest rates have risen for loans, paid interest hasn't really risen with it.
Since there are a lot of Utahns here, checking the website Zions Bank for example, says they pay 0.06% interest on savings accounts and 0.02% on checking accounts. It's almost nothing, but still better than the 0% they pay here. Of course if you want to borrow money, the are very happy to charge you a higher interest rate (which is why I hate debt and try to avoid it).
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02-28-2018, 12:05 PM #297
We all pay for low interest rates through inflation, much less recognizable to some but most notable.
EVERYTHING costs more when interest rates are low.=inflation
central banks manipulate short-term interest rates to affect the rate of inflation in the economy
I'm not Spartacus
It'll come back.
Professional Mangler of Grammar
Guns don't kill people--Static Ropes Do!!
Who Is John Galt?
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02-28-2018, 12:18 PM #298
I bought into GE today at 14.155
I've been wanting to buy GE for a long time, was just waiting for the price to bottom.
Having said that, I'm not certain it has bottomed but am in position to hold from this price point.I'm not Spartacus
It'll come back.
Professional Mangler of Grammar
Guns don't kill people--Static Ropes Do!!
Who Is John Galt?
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02-28-2018, 12:27 PM #299
I wholeheartedly agree on all points you make here. Interest rates that are paid on savings accounts are a joke and have been for a long time now.
As for debt, I am convinced that the best way to stay broke is to give all your money to a bank to pay for something that you can't afford. So yes, it should be avoided as much as possible.
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02-28-2018, 01:37 PM #300
I really believe in 2000 years when history looks back on this period in time credit will be seen as a form of slavery. What else can you really call it when the rich get richer by doing absolutely zero work and doing nothing but lending money to the poor.
Or the other way I often look at it is people are not poor because they have no money, people are poor because they don't know how to manage money.
YMMV
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