Stock Markets

[98ag]

I completely follow your thought process, but..... If a person has been in bonds for the past 24 months, earning 2.5%, while waiting on the big correction/crash, you have missed out on 40+% cumulative returns.

This feels a little bit like trying to catch a falling knife, i.e. timing the markets which is always a losing game, IMO.

Look at my response a couple post up. You are not trying to time the market if you have a system of allocation in place.

[squirrel]

Several names I want to get into, but will involve me having to sell some positions in order to raise capital.

PPOW (ammo stock)

SHMP (shrimp aquaculture, waiting for reverse stock split and potential listing on NASDAQ)

SHMP is making a decent pop today, have been watching it for a while. I picked up some POWW too, dont see ammo pricing going down for a while.

[captainsling]

TLRY has had a phenomenal week. Took out my initial investment yesterday + profit and letting the rest ride for a while.

[TwoHighways]

SHMP is making a decent pop today, have been watching it for a while. I picked up some POWW too, dont see ammo pricing going down for a while.

I can’t buy a stock under $1 with fidelity. Will have to wait on SHMP. I bought POWW at the right time and will continue to hold until any real threat of ammo taxation/restriction legislation up for a vote (which could happen in response if things go south on Inauguration Day).

[captainsling]

I can’t buy a stock under $1 with fidelity. Will have to wait on SHMP. I bought POWW at the right time and will continue to hold until any real threat of ammo taxation/restriction legislation up for a vote (which could happen in response if things go south on Inauguration Day).

You should be able to buy with Fedelity if you put in a Limit order instead of a Market order. If not, call them and ask.

[squirrel]

I have a Fidelity account (set up through old employer) and was able to buy SHMP when it was priced much lower. Picked up a small position in AM to watch too, as I like pipelines and dividends.

[TwoHighways]

You should be able to buy with Fedelity if you put in a Limit order instead of a Market order. If not, call them and ask.

Not sure if “investing” in penny stocks is my thing anyway. I’ll get more bullish on SHMP if it ever gets listed on the nasdaq. May miss out on a change to get in at the bottom, but if the aquaculture technology is profitable and scalable, it will have plenty of room to run and will attract interest from investment bankers and the like.

[rtp]

So is it irrational exurberance driving these market prices or the fact that the govt is dumping trillions of capital into the money supply? I dont see a falling market just yet but I do see inflation. I think the markets are pricing a lot of this into the prices. The Dems are going to push through a huge spending bill under the guise of "Covid Relief" right off the bat.

[gingib]

I completely follow your thought process, but..... If a person has been in bonds for the past 24 months, earning 2.5%, while waiting on the big correction/crash, you have missed out on 40+% cumulative returns.

This feels a little bit like trying to catch a falling knife, i.e. timing the markets which is always a losing game, IMO.

I agree with this!

Sitting and waiting on the sideline with a tiny return, with its sole purpose of waiting, is trying to time the market. That 10% rode out with the highs will make alot more over the long term then trying to wait and buy in at the lows IMO.

I do thing the market is way ahead of where it should be. I am still waiting for one of those -10% weeks, been all these 10% positive weeks can't keep it up. No way

[rtp]

I agree with this!

Sitting and waiting on the sideline with a tiny return, with its sole purpose of waiting, is trying to time the market. That 10% rode out with the highs will make alot more over the long term then trying to wait and buy in at the lows IMO.

I do thing the market is way ahead of where it should be. I am still waiting for one of those -10% weeks, been all these 10% positive weeks can't keep it up. No way

Yeah -10% and we are at 28K Dow. In March/April, if someone said the Dow would be 28K at the end of January everyone would have jumped for joy!

[RiverRat1]

So is it irrational exurberance driving these market prices or the fact that the govt is dumping trillions of capital into the money supply? I dont see a falling market just yet but I do see inflation. I think the markets are pricing a lot of this into the prices. The Dems are going to push through a huge spending bill under the guise of "Covid Relief" right off the bat.

It's the dumping of trillions into every market and that causes irrational exuberance. Sooner or later our government may stop buying,,maybe

I'm buying a ton of SPY puts tomorrow. Just in case something happens next week. Figure if markets skyrocket more I'll lose 20% on the puts, if they tank they should tank huge and I'll make 4-500% or more.

Plus my accounts gain if they rally so that offsets the loss.

[Lone_Wolf]

It's the dumping of trillions into every market and that causes irrational exuberance. Sooner or later our government may stop buying,,maybe

I'm buying a ton of SPY puts tomorrow. Just in case something happens next week. Figure if markets skyrocket more I'll lose 20% on the puts, if they tank they should tank huge and I'll make 4-500% or more.

Plus my accounts gain if they rally so that offsets the loss.

You might as well just go to a casino. You're just a gamb'n man.

[RiverRat1]

You might as well just go to a casino. You're just a gamb'n man.

Nah! If I lose money I want it to go to other traders not a casino.

I'm considering it a very short term hedge.

[TwoHighways]

sold 1/3 of my MP materials position today having tripled my initial investment I made a few months ago. Just seemed prudent to take some money off the table and cut the size of my position, given how large it had become as percentage basis of my portfolio. Trying to get to 20% cash across all three accounts as a hedge against a broad pullback in stocks.

[J_Foster]

BB and GME