Stock Advice Thread
- Thread starter dgtatu01
- Start date
Depending on your broker, try averaging into TM. Example:
08/02 - TM - 10 shares at 173.13
08/05 - TM - 10 shares at 170.06
etc.
You might even try 5 shares or even 1 share per trade. Once more, depends on your online broker.
... despite low PE's for most of the sector, the market has hit the auto sector hard the last 2-3 weeks, treating them like tech it seems ... an interest rate reduction might send that sector back up ....
... thankful my home lenders (i.e., UWMC) are doing well today with the prospects of eventual rate reductions ...
I've got 6000 shares of UWMC. Hoping it blasts off with rate cuts coming. I hesitated early morning when it dropped below 8 hoping it would go lower like everything else, only for it to nearly hit $9 at close. He who hesitates.... Guess I'll try to grab shares on Monday instead. Damn.
A lot of dip buyers are going to get torched. PE ratios are illusions while EPS are falling….
The S&P 500 (SPY) touched the 20 EMA (exponential moving average) Friday, and today it gapped below it. That's my sure fire bear market indicator. As long as SPY stays under the 20 EMA I'm staying 100% in cash except for a few shorts I'm holding - which are doing great today 
Played some of the early morning bounce for some scalps today ... but there were stocks that went below their April 2024 lows in pre-market today ... so this is definitely one to keep an eye on.
VIX hit levels we haven't seen since the COVID crash and the 2008 crash, those are signs of a flush .... went up over 63 this morning, but now currently sitting below 35 so volatility while still concerning, has calmed a lot thus far ....
VIX hit levels we haven't seen since the COVID crash and the 2008 crash, those are signs of a flush .... went up over 63 this morning, but now currently sitting below 35 so volatility while still concerning, has calmed a lot thus far ....
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Futures trending upward across the board. Positive sign.
Let's see what happens in tomorrow morning's pre-market.
Let's see what happens in tomorrow morning's pre-market.
I picked up more UWMC this morning and a little OXLC. UWMC is reporting earnings in premarket. If it's a good report, it should rocket.
The Good: my 113 shares of LUMN are up 58% today. Also own 100+ shares in a DRiP account. Part of an AT&T spinoff. Became Century Telephone.
The Bad: Still down 70% since Jun, 2021.
Stay tuned.
The Bad: Still down 70% since Jun, 2021.
Stay tuned.
I'm thinking today was just a dead cat bounce. SPY has already lost half of the days gains in extended hour trading. I'm remaining out until Spy moves back over the 20 week EMA.
Can’t recall the last time I played a $200 reversal swing (from up to down) in after hours trading with SMCI earnings …
Okay, just checked my LUMN DRiP. It's at 124.65 shares. Really tacked on shares for years when dividends reinvested and shares traded $15-20.
In after-hours trading this evening, LUMN appreciated from 5 to 6.73. May sell shares in brokerage account tomorrow and hold DRiP shares. See if craze continues in the AM. May ride it higher.
In after-hours trading this evening, LUMN appreciated from 5 to 6.73. May sell shares in brokerage account tomorrow and hold DRiP shares. See if craze continues in the AM. May ride it higher.
Starting to wonder if I should be like Buffett and start moving our brokerage account (98% in S&P500 ETF) into Treasuries, but my wife convinced me so far to just sit on it. But I did put in sell orders last night for the 2 individual stocks we hold and buy orders for 4 new ones… JNJ, LMT, BMY, and PM looking for dividends and PE < 20
Currently trading at $25.88. Beat on earnings yet again. Love this stock (ADR). T-Mobile parent.
I may average into BMY. I use their products (Eliquis).
Owned LMT since late 90s and it's been a profitable beast.
... there are some with a decent size account and of retirement age that like JEPI and JEPQ for income ...
Received alert MPW cutting dividend again.
finance.yahoo.com
Still holding.
No Surprise: This Ultra-High-Yielding Dividend Stock Cuts Its Payout Again
Medical Properties Trust must limit its cash dividends while a key tenant remains in bankruptcy.
Still holding.
Do you have many shares?Received alert MPW cutting dividend again.
No Surprise: This Ultra-High-Yielding Dividend Stock Cuts Its Payout Again
Medical Properties Trust must limit its cash dividends while a key tenant remains in bankruptcy.
Still holding.
UWMC has been blowing up lately. I should have bought more early this morning.
I'm 70% out. 30% in a couple gold funds and high dividend stocks. I'm waiting to buy on the big dip like Warren.
Bought SOXS at market close yesterday with a 8% stop thinking the AI hype is starting to deflate.
I don't buy stocks/funds with plans or even thoughts to ever sell. The more they rise the less inclined I am to sell. I'm in for the duration unless they don't gain or drop drastically and can offset cap gains with the loss. SS, IRA distributions, dividends are enough income for us. Will let family reap the step up basis. We're about 65-70% stocks/stock funds/gold with rest in bonds/MM/short CD/real estate.
My BEN shares tanked hard today. Down 10+ %. Franklin received a Wells notice from SEC.
Owned BEN nearly 5 years. Owned FKINX fund from Franklin for nearly 35 years. Hope it recovers.
Owned BEN nearly 5 years. Owned FKINX fund from Franklin for nearly 35 years. Hope it recovers.
Wells notice is sent by Securities and Exchange Commission upon conclusion of investigation notifying persons or firm SEC is taking action against them.
In BEN (Franklin Resources) case, perhaps looking at fines and other punitive actions. I have no doubt action affects bottom line of BEN, but not FKINX, which is a fund I own in BEN fund family (Franklin-Templeton). Also own BEN shares.
It appears BEN shares are recovering somewhat in after-hours trading after down by 12%.
Great news after hours on Friday !!!Received alert MPW cutting dividend again.
No Surprise: This Ultra-High-Yielding Dividend Stock Cuts Its Payout Again
Medical Properties Trust must limit its cash dividends while a key tenant remains in bankruptcy.
Still holding.
This will be an interesting week to watch.
Medical Properties Trust settles with Steward Health (NYSE:MPW)
Medical Properties Trust (MPW) reaches an agreement with bankrupt hospital operator, Steward Health Care to settle leasing claims. Read more here.
seekingalpha.com
This Ultra-High-Yield Dividend Stock Is Taking Matters Into Its Own Hands to Solve a Key Pain Point
Medical Properties Trust is taking a major step to address its biggest issue.
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I cut my losses and sold just before coming over here to Great Britain.Great news after hours on Friday !!!
This will be an interesting week to watch.
Medical Properties Trust settles with Steward Health (NYSE:MPW)
Medical Properties Trust (MPW) reaches an agreement with bankrupt hospital operator, Steward Health Care to settle leasing claims. Read more here.
Good luck.
Thanks. I'm going to ride it out, with a cost of $9.90, hoping for a financial recovery and future increases in the dividend.
It will take a good bit of time, it seems. GLTY, too ...
Looks like a decent investment to DRIP with the 5% discount to facilitate share accumulation over time. Due diligence required, as always. GLTY !!
I don't have an answer for that. It may be tough for some brokerage firms to handle.
That is all I can think of.
All three up massivlely since I gave them to you in February and you would have had a dividend Yield locked in around 8%.
You would have hit the trifecta ! lol
