DLTR could be a bounce candidate somewhere down the line. Maybe even tomorrow morning. There's nothing fundamentally wrong with that stock IMO.
DietDrThunder
Platinum Member
- Apr 6, 2001
- 2,262
- 326
- 126
I would like a 1000 point drop in the Dow or a 300 drop in the NASDAQ. These tiny daily swings do nothing for me as there is no way to time them. I had a $22K gain yesterday, so a -$7K drop today, while it is climbing back up, does nothing for me. Since I have plenty of time, a correction like in 2008 would be nice.
DietDrThunder
Platinum Member
- Apr 6, 2001
- 2,262
- 326
- 126
Headlines like "Dow erases 2018 gains to go negative with more than 200-point tumble after Cohn Resignation.
Two questions: Have any of you lost money on your total portfolio since January 2nd? Do you guys really pay any attention to these headlines?
By the way, at this moment the Dow is now only 89 points down. So by the time they post their headline snippets, the market is already recovering.
For me in particular, 2018 is turning out to be a stellar year.
Two questions: Have any of you lost money on your total portfolio since January 2nd? Do you guys really pay any attention to these headlines?
By the way, at this moment the Dow is now only 89 points down. So by the time they post their headline snippets, the market is already recovering.
For me in particular, 2018 is turning out to be a stellar year.
Personally - I don't pay any attention to noise. Stocks go up, they go down. When a stock I own takes an unnatural dive I'll dig of course.
I try to stay abreast of basic world economic fundamentals. Things like manufacturing reports, oil supply disruptions, inflation and sales data etc
I'm fine so far this year. The MU trades/options really helped my bottom line. That was huge.
I try to stay abreast of basic world economic fundamentals. Things like manufacturing reports, oil supply disruptions, inflation and sales data etc
I'm fine so far this year. The MU trades/options really helped my bottom line. That was huge.
dullard
Elite Member
- May 21, 2001
- 26,189
- 4,855
- 126
Your point is true (that the headlines are intentionally sensationalistic). But your logic to address that sensationalism seems lacking. I think you are confusing the Dow and people's portfolio. I don't think that I've ever heard of anyone investing in just the Dow and I certainly haven't heard of anyone recommending to only invest in the Dow companies.
The S&P is still up for the year, almost 2%, so if you simply did a very common tactic of buying an S&P tracking fund, you'd be up 2% in 2 months which is quite a respectable return.
Some headlines matter, some don't. Usually if it is clearly overly senationalistic (i.e. breaking news for minor information), then I ignore it. But, I certainly pay enough attention to headlines to determine if they have any value or not.
Well, certainly more than the +4bps i am seeing now!
I wouldn't mind seeing it below 53. I know you mentioned $100 as a long term target in your mind, but I can't justify buying in at a stock this close to its 52-week high.
DietDrThunder
Platinum Member
- Apr 6, 2001
- 2,262
- 326
- 126
I'm not really confusing the Dow with people's portfolios, I was just trying to make a point on these sensationalized journalism pieces in general.
Just curious how everyone else is performing. I'm up 11.31% since January 2, 2018.
I'm up a few % on my stocks. Energy is weighing me down. EPD is my biggest stock holding.
For the life of me I can't figure out what's going on with that stock. Over 50 straight distribution increases, 3 billion in growth projects, analyst's darling etc. I'm assuming investors see limited upside in the stock price and are staying away. It should be near or over 30 right now IMO.
My funds portfolio killed it in January. I haven't received the February snapshot yet.
For the life of me I can't figure out what's going on with that stock. Over 50 straight distribution increases, 3 billion in growth projects, analyst's darling etc. I'm assuming investors see limited upside in the stock price and are staying away. It should be near or over 30 right now IMO.
My funds portfolio killed it in January. I haven't received the February snapshot yet.
MU is starting to drop a bit....
It was below 40 not too long ago and I'm sure some buyers loaded up on it back then.
If they start to take profit it might slide into a great buying opportunity.
It was below 40 not too long ago and I'm sure some buyers loaded up on it back then.
If they start to take profit it might slide into a great buying opportunity.
OLED continues to bounce bounce bounce.
There was a lot of easy money to be made there with some shrewd plays. Maybe there still is.
There was a lot of easy money to be made there with some shrewd plays. Maybe there still is.
AznAnarchy99
Lifer
- Dec 6, 2004
- 14,695
- 117
- 106
DietDrThunder
Platinum Member
- Apr 6, 2001
- 2,262
- 326
- 126
With the exception of Amazon (which I invested in a long time ago), retail, just like restaurant businesses, are hard for me to invest in. To many factors involved on whether a company like this will make a profit, and it is a lot harder for me to research. I've never been in a Dollar Tree, but there seems to be so many Dollar Tree type businesses (starting to be like gas stations, one on every corner) that the market at some point will be saturated, and one of them will go under. It's just the nature of competition in the market place.
It may be a good investment, I just don't know. Too many in this sector for me to research to know which one is the best. If you like the stock and have done your research, then I say go for it.
DietDrThunder
Platinum Member
- Apr 6, 2001
- 2,262
- 326
- 126
I guess you and I have a very different philosophy on buying/selling stocks. I basically buy and hold with my average age of my investments being 11.32 years.
There is nothing wrong with the way you invest, we're just different.
I got in at $88.1, after seeing your note and doing a little research. I didn't sell yet, but for the reasons Cepak stated, I don't think I will last long. I heard through the grapevine that Cramer says its a must buy, so i am anxious to get out...
So thanks! (so far anyway)
TECD down 20 points. I don't know much about it but it seems watchlist worthy. I'll have to dig.
Not sure yet why it's falling.
Not sure yet why it's falling.
Just thought I'd better post this:
Many of my thoughts are made with day trading in mind. If you do day trade and your account is under $25,000 make sure you don't trade 4 or more times in five business days if you don't want to be flagged as a PDT. You're account will be locked until your balance is over $25,000.
I'd hate to screw anybody up.
Many of my thoughts are made with day trading in mind. If you do day trade and your account is under $25,000 make sure you don't trade 4 or more times in five business days if you don't want to be flagged as a PDT. You're account will be locked until your balance is over $25,000.
I'd hate to screw anybody up.
DietDrThunder
Platinum Member
- Apr 6, 2001
- 2,262
- 326
- 126
Looking at their cash flow, they just recently borrowed $1 Billion. What they plan on doing with it, I'll have to find the proxy statement to find out.
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