Results 1,101 to 1,120 of 1389
Thread: Stocks
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03-26-2020, 04:06 PM #1101
I'm guessing silver will follow the sector somewhat but I want to be Gold based.
Your fundamentals look to align somewhat to a lot, like my technicals.
Technicals give me a precise method of entry/exit, something not usually associated with fundamentals.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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03-26-2020 04:06 PM # ADS
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03-27-2020, 09:54 PM #1102
Quoted to catch your attention.
On the heels of our "what bonds tell in a distressed stock" discussion, look at Whiting Petroleum, ticker WLL.
From $8 to 80 cents. Dang, it lost 90% of its value, if it could come back you could make some good money. But look at the bond sales today:
Notice the first bond trade, matures on April 1, 2020, 4 days from now. The price was 50.5. Par is 100. So you'll double your money in 4 days.
The 11th listed bond matures 1/15/2026, sold for 9.5 (par 100, all these are). So you'd 10x your money, for a yearly yield of 82.9% (almost a double each year). The "Trade Quantity" column tells the size, $1 million+ here. Someone sold $1 million in bonds, for 9.5 cents on the dollar. They acquired them at what price and when we don't know, but at one time these were about $10 million in bonds at par value.
The bond market is saying not only bankrupt, but bankrupt in the next 4 days before the April 1 bonds mature. We'll see if this happens.
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03-30-2020, 05:13 AM #1103
I'm slowly acquiring shares of GDX
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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03-30-2020, 07:37 AM #1104
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03-30-2020, 10:16 AM #1105
Just bought a teeny bit more GDX, just under $24.
I need 21.58 to be a mathematical support area but I'm getting a feeling Gold is gaining strength and may not retrace as far as I'd like./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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03-30-2020, 10:32 AM #1106
And a teeny weeny lit bit more at 23.795
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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03-31-2020, 12:38 AM #1107
https://www.kitco.com/news/2020-03-3...purchases.html
With the Russian central bank suspending gold buys, we might see a softening of gold prices. They were a decent sized net buyer for the last several years.
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03-31-2020, 07:42 AM #1108
So the indices are still off about 25%.
The way I played this drop from the top, I'm currently up 4.75%
I have a number in mind to sell, and I want to sell.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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03-31-2020, 07:57 AM #1109
I know this is basic math but I thought I would show it anyway.
On a 1,000,000 account for a buy and hold investor, at this point--they have 750,000
As a trader-- a 1,000,000 account is now worth--1,047,500
A difference of $297,500
And I don't see us hitting DOW 29,000 again for a year or two.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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03-31-2020, 08:07 AM #1110
And now, I'm slowly filtering the indices money into gold based funds/stocks.
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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03-31-2020, 09:47 AM #1111
As of now--in the money I reinvested in the indices--I'm 80% Gold--20% indices
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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03-31-2020, 10:13 AM #1112
It becomes a matter of time/life vs trading. For a stretch of about 2 years starting about 6 or 7 years ago, I traded options from open to close daily. I used the Ichimoku Cloud as my main technical indicator, with 2 other MACD, RSI -type indicators, I don't remember which. I had become highly refined at seeing movements, I was trading on 15 minute bars. But that literally became an all consuming life. It was too much and too consuming and too stressful.
There has to be happy medium, and it sounds like you have it. I've gone from that 15 minute insanity to longer term fundamentals and laying off moves until they cook for at least a few months.
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03-31-2020, 10:40 AM #1113
Mostly moving to GDX
waiting for a buy signal in GOLD
Keep in mind--this is only the money I have in a mutual fund account.
I'm still trading daily and VSTO has been on fire.
Longer term I use Fibonacci and Gann projections that calculate.
Today is a 180deg. day from the Sept. 3 low.(My Gann Calculation)
My life is trading--thats all I do.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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03-31-2020, 01:50 PM #1114
No surprises...
Dow dips 400 points on Tuesday, capping its worst first quarter ever
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03-31-2020, 03:58 PM #1115
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03-31-2020, 04:00 PM #1116
WRONG! It’s from USA Today. You’ll have to bitch to them.
Check out this article from USA TODAY:
Dow dips 400 points on Tuesday, capping its worst first quarter ever
https://www.usatoday.com/story/money...mp/5093369002/
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03-31-2020, 05:05 PM #1117
I'm thinking now the market retests the lows and potentially goes lower, but not necessarily with the high volatility we had seen. Rather with many months of a plain bear market.
Based on the things Birx and Fauci said in the presser today, we're in for several months of weak economic activity. Going to weigh on earnings for the rest of the year at least.
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Post Thanks / Like - 1 Likesoldno7 liked this post
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03-31-2020, 06:11 PM #1118
Yep agree, I'm still transitioning to Gold, may not get everything there.
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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03-31-2020, 06:15 PM #1119
From this point--I'm thinking Gold preserves value(hedge) to slightly increases over the Dow.
The regaining of market highs gets tougher the longer this goes on.
But once again--Trump is the kicker, he can build an economy faster, better, bigglier, than anyone.
If we go democrat--a huge recession to depression is a given, it's what they prefer.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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03-31-2020, 06:28 PM #1120
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Post Thanks / Like - 1 Likesoldno7 liked this post
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