Hardcore troubadour 12,958 Posted November 20, 2018 I have heard that their phones sales are well below forecast. It makes sense. They are way overpriced. I used to upgrade every year or so. Now I wait until it's shot. Share this post Link to post Share on other sites
Patriotsfatboy1 1,432 Posted November 20, 2018 It makes sense. They are way overpriced. I used to upgrade every year or so. Now I wait until it's shot. Agreed. I am getting some dough ready to put back into the market as I think we will have some good buy opportunities and this is short term. Share this post Link to post Share on other sites
Mookz 1,289 Posted November 20, 2018 Do yourself a favor, don't even look at Bitcoin. Share this post Link to post Share on other sites
Baker Boy 1,501 Posted November 22, 2018 Soros dumps Facebook, Netflix stocks just before they dipped: report Billionaire George Soros’ investment management firm has saved millions after completely selling off its shares of Facebook and slashing its stakes in Netflix and Goldman Sachs just before the stocks nosedived, a report said Wednesday. Soros Management Fund saved $17.7 million in the fourth quarter by dumping the three stocks, Barron’s reported. https://www.foxnews.com/tech/george-soros-dumped-facebook-netflix-and-goldman-sachs-stocks-just-before-they-plunged-report Share this post Link to post Share on other sites
Baker Boy 1,501 Posted November 28, 2018 YIKES! The Fed Speaks Dow gets 617 point Powell pop, best three days since 2016 Share this post Link to post Share on other sites
Herbivore 919 Posted December 6, 2018 rough couple of days Share this post Link to post Share on other sites
posty 2,315 Posted December 6, 2018 rough couple of days Thanks Obama... Share this post Link to post Share on other sites
kutulu 1,563 Posted December 6, 2018 Been in cash most of the year Share this post Link to post Share on other sites
Herbivore 919 Posted December 6, 2018 Thanks Obama... you got that right Newbie 1 Share this post Link to post Share on other sites
posty 2,315 Posted December 6, 2018 you got that right Newbie He did say that he wanted credit for the economy, so if it tanks, he gets the credit for that... Share this post Link to post Share on other sites
sderk 1,040 Posted December 6, 2018 Been in cash most of the year Your $12 in tips from working at the carwash probably wouldn't net you much in the market, even if it was up all year. Share this post Link to post Share on other sites
mobb_deep 919 Posted December 6, 2018 Without going into detail, I work for a large corporation that's closely tied to the housing market. We had a significant layoff a few days back, and the company is forecasting a very rough 2019. Hang on tight! Share this post Link to post Share on other sites
Strike 4,097 Posted December 6, 2018 My company's stock is up $4+ today. Woo Hoo! Share this post Link to post Share on other sites
bandrus1 413 Posted December 6, 2018 Without going into detail, I work for a large corporation that's closely tied to the housing market. We had a significant layoff a few days back, and the company is forecasting a very rough 2019. Hang on tight! U r welcome e to go into lots of detail about why that is a forcast Share this post Link to post Share on other sites
Patriotsfatboy1 1,432 Posted December 6, 2018 My company's stock is up $4+ today. Woo Hoo! McDonald's is killing it with their Happy Meals! Share this post Link to post Share on other sites
mobb_deep 919 Posted December 6, 2018 U r welcome e to go into lots of detail about why that is a forcast I'm a software engineer, so the business side is mostly foreign to me. From what little I have gathered... a combination of rising interest rates, short supply, new building slowdown and and the already high cost of housing is setting up for an economic downturn. Share this post Link to post Share on other sites
Patriotsfatboy1 1,432 Posted December 6, 2018 I'm a software engineer, so the business side is mostly foreign to me. From what little I have gathered... a combination of rising interest rates, short supply, new building slowdown and and the already high cost of housing is setting up for an economic downturn. If you provide materials and are sitting on a ton of inventory, then my understanding is that you would be in trouble since prices for wood have fallen through the floor. Share this post Link to post Share on other sites
Baker Boy 1,501 Posted December 6, 2018 U r welcome e to go into lots of detail about why that is a forcast The companies that supply building materials are a very good indicator of what is to come. They are one of the first to suffer and one of the first to recover. Share this post Link to post Share on other sites
mmmmm...beer 692 Posted December 7, 2018 Just sold my 75 shares of CRON... bought them at 8.11 ($616.86) & sold @ 13.26 $985.23 I only had bought $600 worth a month or so ago.. wish I would have put at least a couple grand in. It had jumped like +25% a share at opening today... wtf.. Share this post Link to post Share on other sites
mobb_deep 919 Posted December 7, 2018 Just sold my 75 shares of CRON... bought them at 8.11 ($616.86) & sold @ 13.26 $985.23 I only had bought $600 worth a month or so ago.. wish I would have put at least a couple grand in. It had jumped like +25% a share at opening today... wtf.. Isnt Marlboro about to buy them? Wouldnt it go up more then? I literally almost bought some last night. Was researching... Share this post Link to post Share on other sites
mmmmm...beer 692 Posted December 7, 2018 Isnt Marlboro about to buy them? Wouldnt it go up more then? I literally almost bought some last night. Was researching... I think Marlboro put 2 billion into the market. Dunno about them exactly, but makes sense. Share this post Link to post Share on other sites
mobb_deep 919 Posted December 7, 2018 I think Marlboro put 2 billion into the market. Dunno about them exactly, but makes sense. https://www.thestreet.com/investing/cannabis/cronos-confirms-investment-from-altria-14803966 Shares of Cronos Group Inc. (CRON) lit up Friday after the company announced that Altria Group Inc. (MO - Get Report) , the maker of Marlboro cigarettes, made a $1.8 billion (C$2.4 billion) investment in the Canadian cannabis company in exchange for a 45% stake. Altria also has options that if fully exercised would result in an additional $1.05 billion (C$1.4 billion) in proceeds for Cronos in exchange for an extra 10% stake for Altria. Share this post Link to post Share on other sites
mmmmm...beer 692 Posted December 7, 2018 https://www.thestreet.com/investing/cannabis/cronos-confirms-investment-from-altria-14803966 Shares of Cronos Group Inc. (CRON) lit up Friday after the company announced that Altria Group Inc. (MO - Get Report) , the maker of Marlboro cigarettes, made a $1.8 billion (C$2.4 billion) investment in the Canadian cannabis company in exchange for a 45% stake. Altria also has options that if fully exercised would result in an additional $1.05 billion (C$1.4 billion) in proceeds for Cronos in exchange for an extra 10% stake for Altria. I'm sure I just sold 75 shares of the next Amazon for 13 bucks a share I got for 8 bucks a share. Hahah... fock. Share this post Link to post Share on other sites
listen2me 23 1,583 Posted December 10, 2018 Like a rock Share this post Link to post Share on other sites
Hardcore troubadour 12,958 Posted December 12, 2018 Looks like it's headed back up. Trump getting China to submit. MAGA Share this post Link to post Share on other sites
Big Guy 1,400 Posted December 12, 2018 The NWO folks are doing all they can to take down this economy. Share this post Link to post Share on other sites
mobb_deep 919 Posted December 17, 2018 I think everyone knew this was coming. Meanwhile, a lot of these same corporations are laying people off. https://www.cbsnews.com/news/copmanies-spent-record-1-trillion-buying-back-their-own-stock-this-year/ U.S. companies have spent $1 trillion this year on buying back their own stock—a record figure reached three weeks before year's end. That's according to TrimTabs, an investment research firm. One trillion dollars, a round number of epic proportions, is roughly equal to the amount U.S. consumers are expected to spend this holiday shopping season. It's also larger than the gross domestic product of 166 countries. Just in the past week, pharmaceutical giants Pfizer and AbbVie announced a combined $15 billion in stock buybacks. Pioneer Natural Resources, an oil extraction company, announced a $2 billion buyback, and animal medicine maker Zoetis announced another $2 billion. The GOP-championed tax cuts have encouraged buybacks by making even more cash available to companies at at time when they are sitting on historically large cash reserves, without guidance from lawmakers on how to spend that money -- say, requirements to hire workers or boost pay in return for their tax windfalls, which the tax law did not include. Share this post Link to post Share on other sites
Baker Boy 1,501 Posted December 17, 2018 Dividends, stock buybacks to hit a new high of $1 trillion in 2015 Companies have been increasing their buybacks and dividends to please investors for years. Total payouts from S&P 500 companies surged 84% in the past decade to $934 billion in 2014, from $507 billion in 2005, according to a report by S&P Capital IQ. https://money.cnn.com/2015/10/27/investing/stocks-dividends-buybacks-high-2016/index.html Share this post Link to post Share on other sites
Hardcore troubadour 12,958 Posted December 18, 2018 Do we break through the 23k mark this week or get a rebound? Share this post Link to post Share on other sites
Hardcore troubadour 12,958 Posted December 20, 2018 Do we break through the 23k mark this week or get a rebound? Sub 23 Share this post Link to post Share on other sites
LOD01 195 Posted December 20, 2018 S&P will hit 2350 and possibly even lower before this is over. Share this post Link to post Share on other sites
NorthernVike 2,080 Posted December 21, 2018 Bubble anyone? Silver anyone? Share this post Link to post Share on other sites
Strike 4,097 Posted December 21, 2018 Silver Bitcoin anyone? FYP Share this post Link to post Share on other sites
Hardcore troubadour 12,958 Posted December 22, 2018 Worst week since 2008. Nasdaq approaching bear status. Share this post Link to post Share on other sites
bandrus1 413 Posted December 22, 2018 I mean Didn't everybody know it was way over inflated and this is kindda a settling? Granted it dropped off way faster than I thought but the way it shot up I think most people kinda knew it would come back to earth Share this post Link to post Share on other sites
Alias Detective 1,195 Posted December 22, 2018 I mean Didn't everybody know it was way over inflated and this is kindda a settling? Granted it dropped off way faster than I thought but the way it shot up I think most people kinda knew it would come back to earth Wow, unique take. Rolls eyes Tell me where the bottom is. That’s where you earn your money. Share this post Link to post Share on other sites
Hardcore troubadour 12,958 Posted December 22, 2018 Wow, unique take. Rolls eyes Tell me where the bottom is. Thats where you earn your money. There you go. I'll say Dow 19. Based on nothing. Feels right. Share this post Link to post Share on other sites
Hardcore troubadour 12,958 Posted December 24, 2018 Well, Christmas came at a good time for this market. Brutal. Share this post Link to post Share on other sites