Just added more RDS.B. 8.6% dividend, locked in. Dividend hasn't been cut since like 1945. Their CEO just bought 217K worth of stock as well.
Never sell Shell !
Never sell Shell !
Stock Advice Thread
- Thread starter dgtatu01
- Start date
First round of limit orders executed and more placed. Today bought more CSCO. Also started a STWD position. Pretty sure the internet and residential housing might be around awhile. Placed some pretty low limit orders for more VTR, IIPR and MPC while looking for new, much lower positions in NVDA and TNDM. I think if Biden wins the South Carolina primary tomorrow we might see a temporary pause in the selling early next week. Also good fortune to you all.
Currently have puts on EWW, EWY, EWJ and of course SPY for 3/6. Up 250%. Hold through the weekend?
I unloaded over half of my equities two days ago, but I kept Gold and Amazon. Gold had been a good hedge until today and it's tanking for some odd reason. I think Amazon will get a bounce when people realize it will actually benefit from the CV as people stay home and shop online.
Stocks that are doing well are Clorox because it's a great disinfectant, and Zoom because less travel means more teleconferencing.
Stocks that are doing well are Clorox because it's a great disinfectant, and Zoom because less travel means more teleconferencing.
There are dangerous forces everywhere pulling our country apart, threatening our economy & way of life. That's why I'm gonna do two things: Support our Military, and buy GOLD from Rosland Capital.
If you like Zoom for conferencing, Cisco is another play with WebEx and they've been beaten down quite a bit lately.
I have no idea what's right for anyone else. I only know what fits into my objective and within the parameters of risk management for me personally (position size %, etc.).
I've never traded any of those ETF's you mentioned, except the SPY. I've had PUTs on some individual companies and then calls on the UVXY. Like Deeee, in addition to the miner GOLD, I have some other major and mid-tier miners, but they have been whacked this week (especially last 2 days) after rallying hard last week.
I closed the PUTs and UVXY calls earlier today and have been adding a small amount of calls in AYX, GH, NEO and STNE (monthlys Mar 20 and Apr 17)
I may add back some of the UVXY calls here shortly before close, as after closing the individual PUTs and the UVXY calls, as I no longer have anything to capture a move to the downside.
What's your take as to why Gold has been beaten up the last couple of days, since it's suppose to be your safe haven in uncertain times? The only thing I can think of is profit taken since it went up so fast.
Prior to today, I was viewing it as profit taking. With this morning's open, it looks to have been a liquidity move in combination that the trade was too crowded. So profit taking, then followed by a breach of certain technical levels that triggered the crowd hitting the exit door and go to cash.
Those have been my initial thoughts, Deeee, but they are still evolving and I'm still trying to come up with something more conclusive as I'm still long the gold/silver miners.
When I saw the day trade crowd jump in on Friday morning, I did take profits off those miners whose price looked extended and also closed out the JNUG and NUGT trade, but I went into this week still quite long the miners (mostly in-the-money calls with June - July expiration).
If you have any additional thoughts, I'm all ears. I'm gonna continue reviewing, but given that there is a strong chance of the Fed cutting and the hopefully the dollar weakening, I'm inclined to stay long the miners for the time being.
I need to clear my head, lol.
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Deeee, I best clarify, are you referring to the spot price, the GLD (SPDR) or miner ETF's like GDX, GDXJ, and individual miners.? As you probably know, there isn't always the correlation one expects between the metal and the miners (equities).
All my comments have been in re to the miners and not the spot price, nor the GLD.
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I'm referring to the ETF: GLD. I also hold a position in SLV
Thanks for the info- I'm highly impressed with your knowledge and expertise
Those levered ETF's mentioned scare the everloving shit out of me. Granted if you're ever going to utilize that kind of pressure, this week was the time.
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Agree, if you don't know how to properly use a tool, don't use it.
I have a toolbox out in my garage. The tools in it are very basic and within the scope of my knowledge base and capabilities. They can help me accomplish my objective in trying to do a few things around the house. I do not have the same tools, nor the extent of tools, as does that of a master mechanic, a trained craftsman, etc.
I know my limitations, but I certainly would never dismiss a tool that is used by another person who has a totally different amount of knowledge, training and experience than myself, and whose objective, etc., is totally different than mine.
Instead, when I see someone using such a tool, I might inquire to him about such a tool, like the when, how, where, etc., and be fascinated by it. Doesn't mean that I'd ever use such a tool, but I certainly wouldn't be dismissive of its proper use by someone skilled in properly using it.
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I'm referring to the ETF: GLD. I also hold a position in SLV
Thanks for the info- I'm highly impressed with your knowledge and expertise
You bet. Thanks for the kind words. I've heard that you have a great deal of knowledge, experience and wisdom.
Here's a copy-n-paste of something I read this morning:
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Gold Joins the Virus Sell-Off With Its Biggest Slide Since 2013
"It is an odd moment for gold to be tumbling. One of the oldest and most-trusted safe havens in times of crises, gold typically rallies amid nasty stock sell-offs like the one that has gripped the world this week."
"So its plunge Friday -- it fell as much as 5%, the most in almost seven years -- caught many traders flat-footed and scrambling for explanations as to what had just happened. The most often heard of them: Gold investors don’t want to sell but are forced to cover the losses in other asset classes."
“It’s bloodshed,” Commerzbank AG analyst Carsten Fritsch said by phone Friday. “It first started with forced selling from equity investors who also sold their gold positions to cover their losses in equities and also to cover margin calls. Gold investors don’t want to sell but are forced to cover the losses in other asset classes.”
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Ok, bit the bullet and bought nosebleed PE stock ZM, has to be other stocks to benefit from the virus scare, universities going more online, President putting in tele work.
Between the election and Coronavirus, this is going to be an opportune yr.
AMD looking like a great buy.. down almost 25%, still very low, and they are HAMMERING Intel and GPU in their product offerings in several different areas. That train ain't stopping anytime soon.
AMD is really the only way I can contribute in this thread hahaha. Otherwise I'm just here to learn a bit and gather info.
Fine pick ultimately, my friend! Wish I could define “ultimately” on all our stocks!
Randolph Duke : Exactly why do you think the price of pork bellies is going to keep going down, William?
Billy Ray Valentine : Okay. Pork belly prices have been dropping all morning, which means that everybody's waiting for it to hit rock bottom so they can buy cheap and go long. Which means that the people who own the pork belly contracts are goin' bat-shit. They're saying, "Hey, we're losing all our goddamn money, and Christmas is just around the corner, and I ain't gonna have no money to buy my son the G.I. Joe with the kung-fu grip, right? And my wife won't f... my wife won't make love to me 'cuz I ain't got no money, right?" So they're panicking right now, they're screaming "SELL! SELL!" to get out before the price keeps dropping. They're panicking out there right now! I can feel it! They out there!
Randolph Duke : [on the ticker machine, the price keeps dropping] He's right, Mortimer! My God, look at it!
Billy Ray Valentine : I'd wait until you get to around sixty-four, THEN I'd buy. You'll have cleared out all the suckers by then.
Randolph Duke : This is Randolph Duke. Advise our clients interested in bellies to buy at sixty-four. Mr. Valentine has set the price.
[He punches up the numbers on his calculator]
Randolph Duke : Do you realize how much money he just saved us?
Mortimer Duke : Money isn't everything, Randolph!
Yikes! Peter Schiff predicting Dow could crash as low as 13,600 or even lower
I guess the only question left is what will come first death or bankruptcy? thank god for Bitcoin
https://www.ccn.com/dow-will-crash-to-13600-if-this-is-as-bad-as-the-2008-crisis/
I guess the only question left is what will come first death or bankruptcy? thank god for Bitcoin
https://www.ccn.com/dow-will-crash-to-13600-if-this-is-as-bad-as-the-2008-crisis/
Fear and worry is off the charts, literally.
Thanks, social media and MSM!
<- - - - prepares to make a few trades.
Thanks, social media and MSM!
<- - - - prepares to make a few trades.
Fear and worry is off the charts, literally.
Thanks, social media and MSM!
<- - - - prepares to make a few trades.
You been long the Vix bro?
I would say that most ETF's and Mutual Funds (which are built to be diverse) are probably good to buy into right now.
Stocks?.......You need to be more picky. Guys like Warren Buffet would tell you to find proven, high quality companies........buy them at a reasonable price (or perhaps on a discount) then hold it for a very, very long time.
Here are some that I'm looking at.......not necessarily buying, but they've been on my watch list for a while.
JNJ
PEP
KO
DIS
MSFT - I'm really looking at this because their growth curve is very smooth and they rarely dip.
AAPL
JNJ
PEP
KO
DIS
MSFT - I'm really looking at this because their growth curve is very smooth and they rarely dip.
AAPL
A
anon_l8pbkn96tg3j6
Guest
Yikes! Peter Schiff predicting Dow could crash as low as 13,600 or even lower
I guess the only question left is what will come first death or bankruptcy? thank god for Bitcoin
https://www.ccn.com/dow-will-crash-to-13600-if-this-is-as-bad-as-the-2008-crisis/
Schiff is more bearish on bitcoin than he is the stock market.
What does the Paddock think of the Chinese stocks?......BABA, BIDU, etc. Between the virus and trade wars they're getting beaten up. Any watchers?
Here's an interesting discussion. Boeing (BA) It's down >45% over the last 52 wks due to the performance of their latest model and COVID-19. While I wouldn't pull the trigger now........it's interesting. For the market leader in the Aerospace sector, it's taken a lot more of a beating than the others.
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