Cdub100 3,753 Posted December 22, 2024 12 hours ago, nobody said: Wasn't cdub the guy that said it was time to sell when the fed lowered interest rates in September. I mean... Yes, I said that was a signal. I know you're trying to paint this in black and white. I've admitted I don't know what's going to happen—nobody does. I also haven't "sold" everything. I've DCA out of the market 10% the last four months. I am still 65% in stocks (if I include some other investments) I'm probably 80% still in stocks and 100% in crypto. I agree with some of what @Horseman said I started selling when the fed pivoted. Trump being president or Biden didn't mean anything to me. Only market conditions. Unlike the dot com, housing bubble or covid crash. I believe the next major crash will be debt-driven. Share this post Link to post Share on other sites
easilyscan 756 Posted December 22, 2024 I hope Powell doesn't give into pressure from Trump regarding interest rates. I believe that historically low rates, which bottomed late in 2021, played a significant role in creating the inflation we're all dealing with today, & don't believe the job of the Federal Reserve is to coddle the markets. https://www.cnn.com/2024/12/19/investing/markets-powell-trump/index.html Share this post Link to post Share on other sites
Cdub100 3,753 Posted December 22, 2024 16 hours ago, easilyscan said: I hope Powell doesn't give into pressure from Trump regarding interest rates. I believe that historically low rates, which bottomed late in 2021, played a significant role in creating the inflation we're all dealing with today, & don't believe the job of the Federal Reserve is to coddle the markets. https://www.cnn.com/2024/12/19/investing/markets-powell-trump/index.html Cuts will lead to massive inflation Not cutting will lead to hirer unemployment. Damned if they do damned if they don't I honestly, think that's one reason DOGE is looking hard at government spending. If they can cut that it will help lower inflation allowing them to cut rates faster. Share this post Link to post Share on other sites
The Phantom's Phantom 248 Posted December 30, 2024 Back to pre election Day levels now. How much lower will we go? Share this post Link to post Share on other sites
Cdub100 3,753 Posted December 30, 2024 8 hours ago, The Phantom's Phantom said: Back to pre election Day levels now. How much lower will we go? Much lower. Slowly... then all at once. Share this post Link to post Share on other sites
Hardcore troubadour 14,546 Posted December 31, 2024 42 minutes ago, Cdub100 said: Much lower. Slowly... then all at once. Oh yeah. It’s coming. Just too much bad debt out there. Biden really screwed us. Share this post Link to post Share on other sites
Horseman 2,155 Posted December 31, 2024 Would love to see a correction soon. Flush with cash. Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 2 This Trump guy stinks. Bring back mumbling Joe! Share this post Link to post Share on other sites
seafoam1 2,642 Posted January 2 Just now, thegeneral said: This Trump guy stinks. Bring back mumbling Joe! Another libtard that doesn't know who the president is. 1 Share this post Link to post Share on other sites
easilyscan 756 Posted January 2 Tesla taking it in the arse today. When it neared $470 mid December, I figured it was ahead of itself by at least $100. It's currently $377. I've always been astounded by momentum traders. They were buying heavily @ $470 without realizing that it had gone up 100% since November 5th based on nothing more than the fact that Trump won the election & Elon is tight with him. The markets, unlike the rest of society, takes no prisoners. You fock up, and they take you behind the woodshed. Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 2 1 minute ago, easilyscan said: Tesla taking it in the arse today. When it neared $470 mid December, I figured it was ahead of itself by at least $100. It's currently $377. I've always been astounded by momentum traders. They were buying heavily @ $470 without realizing that it had gone up 100% since November 5th based on nothing more than the fact that Trump won the election & Elon is tight with him. The markets, unlike the rest of society, takes no prisoners. You fock up, and they take you behind the woodshed. Yep. They just reported their first annual decline in a dozen years on car sales. Elon pissing off many potential customers, lots of competition. Lots of people made a nice tidy profit though on that crazy run up. Share this post Link to post Share on other sites
easilyscan 756 Posted January 2 7 minutes ago, thegeneral said: Lots of people made a nice tidy profit though on that crazy run up. They sure did, but trades are like a coin, they have 2 sides. Lots of people had their arse handed to them as well. While we're on the subject of taking it in the arse, that's exactly what yours truly will be doing come April 15 Owned a telecom stock that was scheduled to be taken private sometime during the first quarter of 2025. Had all my ducks in a row as far as capital gains/losses in my large taxable account. Lo & behold, with no prior announcement, the deal was finalized on the last trading day of 2024 resulting in unexpected capital gains. Fockers! Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 2 1 minute ago, easilyscan said: They sure did, but trades are like a coin, they have 2 sides. Lots of people had their arse handed to them as well. While we're on the subject of taking it in the arse, that's exactly what yours truly will be doing come April 15 Owned a telecom stock that was scheduled to be taken private sometime during the first quarter of 2025. Had all my ducks in a row as far as capital gains/losses in my large taxable account. Lo & behold, with no prior announcement, the deal was finalized on the last trading day of 2024 resulting in unexpected capital gains. Fockers! Things could be worse. Congrats on some nice profits! Share this post Link to post Share on other sites
easilyscan 756 Posted January 2 47 minutes ago, thegeneral said: Things could be worse. Congrats on some nice profits! Thanks. I should've been more specific. My mistake. Paying tax on the capital gains isn't an issue. The problem is the unexpected CG's will affect my healthcare premiums for the year. The last time something like this happened was 2018. I went over the 'income cliff' by a mere $240. That changed my federal return from a refund of $150, to owing $5496.00 Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 2 11 minutes ago, easilyscan said: Thanks. I should've been more specific. My mistake. Paying tax on the capital gains isn't an issue. The problem is the unexpected CG's will affect my healthcare premiums for the year. The last time something like this happened was 2018. I went over the 'income cliff' by a mere $240. That changed my federal return from a refund of $150, to owing $5496.00 Ah that sucks. Especially when you had it all planned out. 1 Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 6 Oh hi there NVDA. Share this post Link to post Share on other sites
easilyscan 756 Posted January 6 2 hours ago, thegeneral said: Oh hi there NVDA. Nice to see it back up around all-time highs. Q4 earnings will be interesting. I think what caused the pause was YOY revenue growth slowing the last 2 quarters. https://www.macrotrends.net/stocks/charts/NVDA/nvidia/revenue Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 6 1 hour ago, easilyscan said: Nice to see it back up around all-time highs. Q4 earnings will be interesting. I think what caused the pause was YOY revenue growth slowing the last 2 quarters. https://www.macrotrends.net/stocks/charts/NVDA/nvidia/revenue That and profit taking on a stock that is up like 200% over the past year. It was borderline meme stock there for a bit. Share this post Link to post Share on other sites
Cdub100 3,753 Posted January 10 Slowly... Might be a good time to take some profits if you're still up Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 16 That’s more like it! Share this post Link to post Share on other sites
easilyscan 756 Posted January 18 On 12/21/2024 at 7:59 PM, kutulu said: https://www.macrotrends.net/1319/dow-jones-100-year-historical-chart It always goes up, until it doesn't. Pigs get fat.... That's a great site for researching stocks. Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 21 NFLX That’s how you kick off earnings season. Like a boss Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 23 Pump it up! Oddly AAPL which the entire world owns in some fashion has sucked. Share this post Link to post Share on other sites
easilyscan 756 Posted January 23 On 1/21/2025 at 4:46 PM, thegeneral said: NFLX That’s how you kick off earnings season. Like a boss Congrats if you own it. Wish I could say I did. Apples problems are fairly clear, they aren't growing. At least not the way they have in the past. Top line (revenues) are pretty much flat since Q1 2022 https://www.macrotrends.net/stocks/charts/AAPL/apple/revenue Bottom line (TTM-EPS) is the same as Q4 2021 & were down 34% YOY in Q3 2024 https://www.macrotrends.net/stocks/charts/AAPL/apple/eps-earnings-per-share-diluted Add the fact that if it wasn't for the massive share buybacks, both would be down substantially, IMHO, it shouldn't be selling at 37 x earnings & is still overpriced. Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 23 8 minutes ago, easilyscan said: Congrats if you own it. Wish I could say I did. Apples problems are fairly clear, they aren't growing. At least not the way they have in the past. Top line (revenues) are pretty much flat since Q1 2022 https://www.macrotrends.net/stocks/charts/AAPL/apple/revenue Bottom line (TTM-EPS) is the same as Q4 2021 & were down 34% YOY in Q3 2024 https://www.macrotrends.net/stocks/charts/AAPL/apple/eps-earnings-per-share-diluted Add the fact that if it wasn't for the massive share buybacks, both would be down substantially, IMHO, it shouldn't be selling at 37 x earnings & is still overpriced. I’m free rolling with a decent amount of shares so haven’t really thought about selling but you make some decent points on dumping some. I do like them as a company long term. Share this post Link to post Share on other sites
easilyscan 756 Posted January 23 33 minutes ago, thegeneral said: I’m free rolling with a decent amount of shares so haven’t really thought about selling but you make some decent points on dumping some. I do like them as a company long term. I've owned it for 17 years and have no plans to sell either. I'm just not overly bullish at this time as they seem to have hit a wall. Still a great company, they just need to invent the next big thing. I went through 3 windows based PCs from 1997 to 2008. All rendered worthless by viruses, in spite of purchasing the best antivirus/security software for all of them every year. In 2008, I bought a new iMac 21" desktop. Never purchased any additional virus/security software and it performed flawlessly until 10.5 years later, when the hard drive died. Bought another in November 2018 and it's still going strong. 1 Share this post Link to post Share on other sites
Horseman 2,155 Posted January 24 On 1/2/2025 at 3:11 PM, thegeneral said: This Trump guy stinks. Bring back mumbling Joe! Update? Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 24 11 minutes ago, Horseman said: Update? We are back! If only AAPL wasn’t sucking. Share this post Link to post Share on other sites
Horseman 2,155 Posted January 24 3 hours ago, thegeneral said: We are back! If only AAPL wasn’t sucking. I don't buy individual stocks much anymore. And when I did I never bought companies I didn't believe in. Apple products suck. Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 24 24 minutes ago, Horseman said: I don't buy individual stocks much anymore. And when I did I never bought companies I didn't believe in. Apple products suck. Good for you Share this post Link to post Share on other sites
Horseman 2,155 Posted January 24 6 minutes ago, thegeneral said: Good for you You're the one crying about AAPL. Share this post Link to post Share on other sites
jbycho 365 Posted January 24 5 minutes ago, Horseman said: You're the one crying about AAPL. People who think that others should do as they are doing and are lashing out about it, are desperately in need of company. Misery loves company. Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 24 39 minutes ago, Horseman said: You're the one crying about AAPL. It’s up like 15% over past year, 200% over past couple years, 600% over past 10. It’s in prolly in like half the funds out there. About as safe a bet as there is with nice growth still. I’ll be ok! Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 24 37 minutes ago, jbycho said: People who think that others should do as they are doing and are lashing out about it, are desperately in need of company. Misery loves company. One of the dumber posts today, Peefoam Share this post Link to post Share on other sites
Horseman 2,155 Posted January 24 11 minutes ago, thegeneral said: It’s up like 15% over past year, 200% over past couple years, 600% over past 10. It’s in prolly in like half the funds out there. About as safe a bet as there is with nice growth still. I’ll be ok! Lol half. Its in the vast majority of equity funds out there. But that's not a reason to buy it. Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 24 3 minutes ago, Horseman said: Lol half. It’s in the vast majority of equity funds out there. But that's not a reason to buy it. Earnings next Thursday Another 5% drop and time to pick up some more! Share this post Link to post Share on other sites
easilyscan 756 Posted January 24 https://www.buyupside.com/alphavantagelive/stockmultiyearcalccomputeavform1.php?symbol=AAPL&submit=Calculate+Returns Share this post Link to post Share on other sites
seafoam1 2,642 Posted January 24 1 hour ago, thegeneral said: Earnings next Thursday Another 5% drop and time to pick up some more! Great job investing before a drop in the stock price. That's what you want to do with your money. 1 Share this post Link to post Share on other sites
thegeneral 2,671 Posted January 24 7 minutes ago, seafoam1 said: Great job investing before a drop in the stock price. That's what you want to do with your money. Thanks EF Hutton! Share this post Link to post Share on other sites