What Stocks are You Buying Now?

[stgislander]

I'm surprised Tranny hasn't been by yet to tell us how its Trump's fault.

 

[Hessian]

Well...I liked the excitement of the Aapl split, waited until after the severe trimming that continued into today and finally bought at 120. Sure enough, it has already started to make me money (when all three indicies took another slump). Sometimes...my timing is pretty good.

 

[Hessian]

OK...I just realized APPLE has lost more (Sept 1-18) than they lost the entire Covid Collapse from February to April.
Yes...I am VERY pissed because Merrill Lynch does not explain why Apple is crashing. (134.80-107.11= 27.69) loss per share.
Can someone tell me
a) Why is apple dying a violent death?
b) Why doesn't the press get fired up over this?

I bought during one of the 'slump' days yet I am now out hundreds of $$$
I need to know why.

 

[glhs837]

OK...I just realized APPLE has lost more (Sept 1-18) than they lost the entire Covid Collapse from February to April.
Yes...I am VERY pissed because Merrill Lynch does not explain why Apple is crashing. (134.80-107.11= 27.69) loss per share.
Can someone tell me
a) Why is apple dying a violent death?
b) Why doesn't the press get fired up over this?

I bought during one of the 'slump' days yet I am now out hundreds of $$$
I need to know why.

You're only out that money if you sell now if you hold they'll come back up.

 

[PeoplesElbow]

OK...I just realized APPLE has lost more (Sept 1-18) than they lost the entire Covid Collapse from February to April.
Yes...I am VERY pissed because Merrill Lynch does not explain why Apple is crashing. (134.80-107.11= 27.69) loss per share.
Can someone tell me
a) Why is apple dying a violent death?
b) Why doesn't the press get fired up over this?

I bought during one of the 'slump' days yet I am now out hundreds of $$$
I need to know why.

Tech stocks were (are) in a bit of a bubble, valuations for most stocks right now are high and will most likely fall soon.

You shouldn't rely on someone else to tell you about stocks, nobody cares about your money as much as you do and nobody knows your risk tolerance the way you do.

I've lost $8k on XOM this year, fortunately it is the only stock that I've lost money on this year.

If you don't want to learn about individual stocks, listen to their earnings calls etc buy an index fund, wait for a crash and then put money into VTI

 

[PeoplesElbow]

You're only out that money if you sell now if you hold they'll come back up.

Don't count on that, with APPL its probably ok, but in general don't think that way.

People have rode that line of thinking all the way to zero.

 

[Hessian]

Don't count on that, with APPL its probably ok, but in general don't think that way.

People have rode that line of thinking all the way to zero.

Just heard some interpretation...(Cramer)...sounds like some new Tech IPOs have drawn away millions of investment $$$ (Snowflake?) and several leading tech (big caps) are all getting beat up.
I suppose I will ride out the headwinds for a while...just don't like tacking,...it is tiresome.

 

[PeoplesElbow]

Just heard some interpretation...(Cramer)...sounds like some new Tech IPOs have drawn away millions of investment $$$ (Snowflake?) and several leading tech (big caps) are all getting beat up.
I suppose I will ride out the headwinds for a while...just don't like tacking,...it is tiresome.

I'm a bit of a vampire, I will buy a stock when it gets beaten up, I bought a ton in March. I bought CAT, USO, CEQP, ROKU and a few others. After Christmas I bought PTON after they got crap for a commercial.

Cramer is a fundamentalist, which is also my philosophy, if you listen to what he says instead of just the buy this you can learn a lot. I suggest his books to people, they really are an excellent education on the market.

 

[glhs837]

Don't count on that, with APPL its probably ok, but in general don't think that way.

People have rode that line of thinking all the way to zero.

That was relating only to APPL, I should have been more clear. Would not say that about Nikola, say

 

[inquiryjv]

It’s like every time they drop a new product, the stock goes up, but then it seems like there’s always some pullback right after. My guess is that there’s some market uncertainty mixed with some overvaluation, but it's hard to figure out exactly why the press isn't making more of a fuss about it. I personally got in a bit during a "slump" day too, but I ended up just holding through it.

 

[my-thyme]

Nvidia

 

[LightRoasted]

For your consideration ...

Nvidia

Might want to short Nvidia. Fundamentals are not there. And some of their largest customers are having issues.

Plus, as the old adage went, “If the shoe shine boy starts giving stock advice, it's time to get out of the market.” In other words, it's time to sell.

 

[Clem72]

For your consideration ...





Might want to short Nvidia. Fundamentals are not there. And some of their largest customers are having issues.

Plus, as the old adage went, “If the shoe shine boy starts giving stock advice, it's time to get out of the market.” In other words, it's time to sell.

I wouldn't touch Nvidia with my worst enemies bank account. There is no rational way to call which way that stock is going. On the one hand, there is simply no way their stock price has any relation to the actual (current and/or future) value of the company. On the other, their revenues are up and they still have YEARS worth of production locked up, and the AI hype train isn't derailing any time soon.

Buying that stock is a risk, shorting that stock is a risk, and holding that stock is a risk.

 

[Sneakers]

I'm putting all my money in EV futures, cause that's the wave of the future.

And I'm investing in a startup company that uses ground hogs to dig subway tunnels.