OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

Based Mod said:
No end in sight
sick.gif
Click to expand...
I just went all cash. omg. when will it end. Been a freefall all of January.

Apparently lots of baby boomers are selling their mutual funds to fund their retirement, as well as fund their millennial kids who have no money.
 
I'm afraid to look at my portfolio, which is a bad thing in more ways than one :{

Edit: just checked and I'm in a messed up situation. I haven't been able to fund my account lately w/ daycare so it's a catch 22 when it comes to taking gains, my portfolio aint enough to eat the $4.95 trade fee and I've already lost too much to sell now. :{ Feels really bad man
 
Last edited:
Dathbgboy said:
I'm afraid to look at my portfolio, which is a bad thing in more ways than one :{

Edit: just checked and I'm in a messed up situation. I haven't been able to fund my account lately w/ daycare so it's a catch 22 when it comes to taking gains, my portfolio aint enough to eat the $4.95 trade fee and I've already lost too much to sell now. :{ Feels really bad man
Click to expand...
As long as you're invested in solid companies/ETFs/etc you'll be fine. Just ride the storm and dont panic.
 
Noskey said:
Dathbgboy said:
I'm afraid to look at my portfolio, which is a bad thing in more ways than one :{

Edit: just checked and I'm in a messed up situation. I haven't been able to fund my account lately w/ daycare so it's a catch 22 when it comes to taking gains, my portfolio aint enough to eat the $4.95 trade fee and I've already lost too much to sell now. :{ Feels really bad man
Click to expand...
As long as you're invested in solid companies/ETFs/etc you'll be fine. Just ride the storm and dont panic.
Click to expand...

That's what I'm doing. AAPL and DIS have been hurting me the most, other than that, I'm "OK"

JohnnyRedStorm said:
It's stupid to care about a $4.95 fee when you have more than that on the line.
Click to expand...

I do but I don't, I'm speaking in terms of the size of my portfolio and the cost to sell multiple company stocks then turn around and buy back. I'm already at a loss so it's definitely stupid to dump at this point, I've only lost my gains, just gotta ride it out at this point. If it get worse then I'm definitely selling, though I thought I had stops in from the last time :{
 
still debating if i should buy now or wait and see how low the market can go
 
Anyone know anything about Abengoa (ABGB). I lost a **** ton of money on it and I don't know if I just hold or cut my big *** losses. Halp.
 
First time poster here just a lot of lurking. I'm 21 still a student, I do have loans but I am interested in buying some stocks. I probably don't sound like the smartest individual from that previous sentence but Id like to start paying what I can of my loans. Obviously since I'm on NT I do love sneakers and for a while I would resell. So I have a little money from reselling but dividends that keep giving each month sounds better then reselling shoes. I recently saw sprint stock plummet to around $2. This is something manageable for me. What do you think about sprint as far as growth? If they merged with another company would the stock not exist anymore? I'm planning to go to a etrade or td ameritrade one of these days but I have class every day of the week so I keep forgetting...
 
Ah, Sprint. I wrote an analysis on them a couple years ago when they were at $8 and even made a quick gain before that. Long story short, don't touch them. They're floundering, and I'm honestly not sure they'd be here right now if not for Softbank having bought them. I haven't looked into them for the past year or so, but from what I'm seeing, avoid at all costs. If you want telecom stick to ATT or VZ.

They're not a very interesting buy out opportunity either. Sprint is so overloaded with debt and worthless assets from poor decisions that there's no reason a competitor would buy them.
 
Last edited:
JohnnyRedStorm said:
Cheap stocks are cheap for a reason.

Read The Intelligent Investor. Check out this article from Buffett http://fortune.com/2014/02/24/buffe...ou-can-learn-from-my-real-estate-investments/

You need to learn the difference between cheap dollar wise vs cheap value wise.
Click to expand...
Noskey said:
Ah, Sprint. I wrote an analysis on them a couple years ago when they were at $8 and even made a quick gain before that. Long story short, don't touch them. They're floundering, and I'm honestly not sure they'd be here right now if not for Softbank having bought them. I haven't looked into them for the past year or so, but from what I'm seeing, avoid at all costs. If you want telecom stick to ATT or VZ.

They're not a very interesting buy out opportunity either. Sprint is so overloaded with debt and worthless assets from poor decisions that there's no reason a competitor would buy them.
Click to expand...
Repped both of you. Thank you for the direction.
 
Lebronjameshard said:
First time poster here just a lot of lurking. I'm 21 still a student, I do have loans but I am interested in buying some stocks. I probably don't sound like the smartest individual from that previous sentence but Id like to start paying what I can of my loans. Obviously since I'm on NT I do love sneakers and for a while I would resell. So I have a little money from reselling but dividends that keep giving each month sounds better then reselling shoes. I recently saw sprint stock plummet to around $2. This is something manageable for me. What do you think about sprint as far as growth? If they merged with another company would the stock not exist anymore? I'm planning to go to a etrade or td ameritrade one of these days but I have class every day of the week so I keep forgetting...
Click to expand...

Don't. invest. in. stocks. Especially now, and especially if you're a beginner and don't know what you're doing. Start with penny stocks or a simulated account w/o real money to at least understand how it works. Also keep in mind that most trading is done by algorithms and robots. A civilian E-Trade account is the equivalent of bringing a knife to a gunfight. You will get slaughtered.
 
TeamJordan79 said:
Lebronjameshard said:
First time poster here just a lot of lurking. I'm 21 still a student, I do have loans but I am interested in buying some stocks. I probably don't sound like the smartest individual from that previous sentence but Id like to start paying what I can of my loans. Obviously since I'm on NT I do love sneakers and for a while I would resell. So I have a little money from reselling but dividends that keep giving each month sounds better then reselling shoes. I recently saw sprint stock plummet to around $2. This is something manageable for me. What do you think about sprint as far as growth? If they merged with another company would the stock not exist anymore? I'm planning to go to a etrade or td ameritrade one of these days but I have class every day of the week so I keep forgetting...
Click to expand...

Don't. invest. in. stocks. Especially now, and especially if you're a beginner and don't know what you're doing. Start with penny stocks or a simulated account w/o real money to at least understand how it works. Also keep in mind that most trading is done by algorithms and robots. A civilian E-Trade account is the equivalent of bringing a knife to a gunfight. You will get slaughtered.
Click to expand...
Lol wut

Stay away from penny stocks. Plenty of civilians can make money investing. Just takes knowing how to read a chart and balance sheet to do so.
 
JohnnyRedStorm said:
TeamJordan79 said:
Lebronjameshard said:
First time poster here just a lot of lurking. I'm 21 still a student, I do have loans but I am interested in buying some stocks. I probably don't sound like the smartest individual from that previous sentence but Id like to start paying what I can of my loans. Obviously since I'm on NT I do love sneakers and for a while I would resell. So I have a little money from reselling but dividends that keep giving each month sounds better then reselling shoes. I recently saw sprint stock plummet to around $2. This is something manageable for me. What do you think about sprint as far as growth? If they merged with another company would the stock not exist anymore? I'm planning to go to a etrade or td ameritrade one of these days but I have class every day of the week so I keep forgetting...
Click to expand...

Don't. invest. in. stocks. Especially now, and especially if you're a beginner and don't know what you're doing. Start with penny stocks or a simulated account w/o real money to at least understand how it works. Also keep in mind that most trading is done by algorithms and robots. A civilian E-Trade account is the equivalent of bringing a knife to a gunfight. You will get slaughtered.
Click to expand...
Lol wut

Stay away from penny stocks. Plenty of civilians can make money investing. Just takes knowing how to read a chart and balance sheet to do so.
Click to expand...

I meant to literally trade pennies as a way to get your toes wet and get comfortable reading charts. Civilians will be the first casualties of a bear market.
 
Penny stocks are a different animal, better off just using a simulator or buying 1 share at a time and burning commissions. Plenty of people learn pennies and struggle when transitioning to big boards since they're run different ways.
 
Busy week next week

> Jan 25

before

DHI - DR Horton Inc
HAL - Halliburton Co
KMB - Kimberly-Clark Corp
MCD - McDonald’s

after

JJSF - J&J Snack Foods
STLD - Steel Dynamics
SWFT - Swift Transportation


> Jan 26

before

COH - Coach Inc
DD - E. I. du Pont de Nemours and Comp
DHR - Danaher Corp
FCX - Freeport-McMoRan
GLW - Corning
GWW - W.W. Grainger
JNJ - Johnson & Johnson
LMT - Lockheed Martin Corp
MMM - 3M Co.
PG - Procter & Gamble
PH - Parker-Hannifin Corp
PII - Polaris Industries

after

AAPL - Apple
COF - Capital One Financial Corp
ETH - Ethan Allen
HA - Hawaiian Holdings
T - AT&T
VMW - VMware


> Jan 27

before

ANTM - Anthem
BA - Boeing
BIIB - Biogen
CLF - Cliffs Natural Resources
EMC - EMC Corp
FCAU - Fiat Chrysler Automobiles
GD - General Dynamics
HES - Hess Corp
NSC - Norfolk Southern Corp
ROK - Rockwell Automation
STJ - St. Jude Medical
STM - STMicroelectronics
UTX - United Technologies

after

CLB - Core Labs
CMRE - Costamare
CRUS - Cirrus Logic
CTXS - Citrix Systems
DFS - Discover Financial Services
E BAY - e Bay
FB - Facebook
JPNR - Juniper Networks
KNX - Knight Transportation
LRCX - Lam Research Corporation
MCK - McKesson Corp
MLNX - Mellanox Technologies
NOW - ServiceNow
PYPL - PayPal
QCOM - QUALCOMM
SNDK - SanDisk Corp
TSCO - Tractor Supply Co
TXN - Texas Instruments
URI - United Rentals
VRTX - Vertex Pharmaceuticals


> Jan 28

before

ABT - Abbott Labs
ADS - Alliance Data Systems
AN - AutoNation
ARG - Airgas
BABA - Alibaba
BC - Brunswick Corp
BHI - Baker Hughes
BMY - Bristol-Myers Squibb
BX - Blackstone Group
CAT - Caterpillar
CELG - Celgene
CHKP - Check Point Software
CY - Cypress Semiconductor
EPD - Enterprise Products Partners
F - Ford Motor Co
HAR - Harman International
HOG - Harley-Davidson
HP - Helmerich & Payne
HSY - Hershey Company
JBLU - JetBlue
JCI - Johnson Controls
LEA - Lear Corp
LLY - Eli Lilly and Co
MJN - Mead Johnson Nutrition
MKC - McCormick & Co
MO - Altria Group
NOC - Northrop Grumman
NUE - Nucor Corp
PHM - PulteGroup
POT - Potash Corp
RTN - Raytheon Co
SHW - Sherwin-Williams
SWK - Stanley Black & Decker
TWC - Time Warner Cable
UA - Under Armour
VLO - Valero Energy Corp

after

AMGN - Amgen
AMZN - Amazon
EA - Electronic Arts
FTNT - Fortinet
GIMO - Gigamon
KLAC - KLA-Tencor Corp
MSFT - Microsoft
N - NetSuite
PFPT - Proofpoint
QLGC - QLogic Corp
SIMO - Silicon Motion Technology
SWKS - Skyworks Solutions
V - Visa Inc
WDC - Western Digital Corp


> Jan 29

before

ABBV - AbbVie
AAL - American Airlines
CL - Colgate-Palmolive
CVX - Chevron
HON - Honeywell International
MA - MasterCard
NWL - Newell Rubbermaid
PSX - Phillips 66
STX - Seagate
TYC - Tyco International
WHR - Whirlpool
 
You must log in or register to reply here.

Similar threads

aNYone
OFFICIAL NFL THREAD 2024-25: Week X Vol: TNF
514 515 516
Replies
13K
Views
343K
Maximus Meridius
Maximus Meridius

Latest News

View All News

Thread Gallery

View Full Gallery

The ultimate sneaker enthusiast community.

Site contents may not be incorporated into AI training data or any other derivative works without prior express written consent.

Links to participating merchants may generate referral or affiliate commissions that help support our community. See our policies for details. NikeTalk is NOT affiliated with Nike Inc. in any way, shape, or form. All opinions expressed herein do not necessarily reflect those of Nike, Inc.

© 1999-2024 NikeTalk.com

Share this page

| Xenforo Add-ons © by ©XenTR | Media embeds via s9e/MediaSites
Back
Top Bottom