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Link Posted: 5/18/2022 5:20:46 PM EDT
[#1]
I only buy stocks that are under $0.10. One of these days one of them has to hit. Also, don’t follow me for investment advice.

Link Posted: 5/18/2022 5:21:40 PM EDT
[#2]
Costco dropped almost 13% today on no news, and they don't even report until the 26th, when they're confidentally expected to beat YOY and estimates, again.

'Course I'm buying, I love a sale.

Link Posted: 5/18/2022 5:24:09 PM EDT
[#3]
I bought a leveraged EFT this morning because I like to party.

I’ve been researching metal companies, but now I might buy retail. We’ll see.
Link Posted: 5/18/2022 5:45:19 PM EDT
[#4]
S&P is at ~ 3,923

It was ~ 2,237 March 2020

Or even say ~3,370 Feb 2020, which was the 10 year high point.

That was pre-COVID prices, the world was in a much better place, companies and the economy were healthier than they are now.

There is no reason it should still be higher today than it was pre-COVID.
Link Posted: 5/18/2022 5:48:32 PM EDT
[#5]
My son is about to get in, he will be rolling a small IRA from an old employer to a Schwab account and I am telling him to sit on it for now and see where things go.
Link Posted: 5/18/2022 5:50:10 PM EDT
[#6]
Don’t fight the Fed.

I can see 2500 on the SPX..
Link Posted: 5/18/2022 5:52:36 PM EDT
[#7]
Buying the market now, go ahead and get in.


Attachment Attached File
Link Posted: 5/18/2022 5:57:38 PM EDT
[#8]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
A friend has been trying to get me started day trading. Rough learning curve.
View Quote


 Careful with that. The few that are successful has strict systems and thousands of hours of experience.

Swing trading with a system that wins 60% (don’t expect much better) of the time that hits a profit target is much more manageable.

If you don’t have either it will probably be a waste of money. This volatility also makes it very difficult.
Link Posted: 5/18/2022 5:58:24 PM EDT
[#9]
I got a little sum sum on the side waiting for the bottom.


Link Posted: 5/18/2022 6:41:38 PM EDT
[#10]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
So when do you think the Fed is going to come in and start cutting interest rates and restarting QE.

Because that's what has been driving the market up since Dow 2500
View Quote


I don't waste a second of my time trying to guess what the Fed will do.  

Link Posted: 5/18/2022 7:05:26 PM EDT
[#11]
Nope not at all.
Link Posted: 5/18/2022 7:11:31 PM EDT
[#12]
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Quoted:

Usually I'm the culprit, I tanked Rivian stock single handedly.
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Quoted:
My fault. I bought some yesterday.

Usually I'm the culprit, I tanked Rivian stock single handedly.

With my help my average is $46 on rivian
Link Posted: 5/18/2022 7:12:35 PM EDT
[#13]
Link Posted: 5/18/2022 7:18:21 PM EDT
[#14]
Twice per month whether I need to or not.
Link Posted: 5/18/2022 7:24:53 PM EDT
[#15]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



IDK how Target stays in business. The parking lots of their stores around my area of Ohio are always deserted compared to Walmart. They must be able to sell less stuff at a higher margin.
Or maybe it's just different in other parts of the country.
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Quoted:

P/E on Target is still 15ish.

Grabbed a few shares today.

Also Nvidia
Also a little more SCHD.



IDK how Target stays in business. The parking lots of their stores around my area of Ohio are always deserted compared to Walmart. They must be able to sell less stuff at a higher margin.
Or maybe it's just different in other parts of the country.


Around here in south-central PA, Targets are always fairly busy.  More middle class, more MILFs, etc.  Walmart = poors, meth heads, pajama people - in general, there are always exceptions.
Link Posted: 5/18/2022 7:29:50 PM EDT
[#16]
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Quoted:
Twice per month whether I need to or not.
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Yep. About to increase the purchases, too.
Link Posted: 5/18/2022 7:31:34 PM EDT
[#17]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Around here in south-central PA, Targets are always fairly busy.  More middle class, more MILFs, etc.  Walmart = poors, meth heads, pajama people - in general, there are always exceptions.
View Quote

Pretty much the same here, maybe add in the south of the border crowd for Walmart that always seem to shop in an entourage of family.
Link Posted: 5/18/2022 7:32:22 PM EDT
[#18]


30% of my paycheck every two weeks.

Link Posted: 5/18/2022 7:37:19 PM EDT
[#19]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Taking it in the pants is going hurt a lot of people when this plays out.


Just keep following the herd.
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Isn't that what you want? You were the one that said you wanted a 1929 stock market crash a couple years ago. That would devastate many families, but you wanted it. I always wonder what made you make such an insane comment. You're probably one of most communist people on this site.
Link Posted: 5/18/2022 7:40:34 PM EDT
[#20]
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Quoted:
You buy when the market is down. This isn’t rocket surgery.
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LOL, Rocket Surgery... Went to cash here 2 months ago, pocketed my gains and watched it go down since.  I feel we're a long way from the bottom here.
Link Posted: 5/18/2022 7:43:12 PM EDT
[#21]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Taking it in the pants is going hurt a lot of people when this plays out.


Just keep following the herd.
View Quote

You only show your face when things are going bad. Check back in ten years and you will be proven wrong like you have been over and over. The next few years will likely be the buying opportunity of a lifetime, similar to 2009.

And if you’re right and everything goes to zero? Nobody will care about the markets if that happens.

At least try and contribute something useful. Anything useful.
Link Posted: 5/18/2022 7:48:16 PM EDT
[#22]
Still long PSQ
Link Posted: 5/18/2022 7:53:47 PM EDT
[#23]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
S&P is at ~ 3,923

It was ~ 2,237 March 2020

Or even say ~3,370 Feb 2020, which was the 10 year high point.

That was pre-COVID prices, the world was in a much better place, companies and the economy were healthier than they are now.

There is no reason it should still be higher today than it was pre-COVID.
View Quote

Inflation and devaluing of the dollar.
Link Posted: 5/18/2022 7:55:26 PM EDT
[#24]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



IDK how Target stays in business. The parking lots of their stores around my area of Ohio are always deserted compared to Walmart. They must be able to sell less stuff at a higher margin.
Or maybe it's just different in other parts of the country.
View Quote


Just the opposite SE side of Toledo, Target lot is full and walmart is med full.  I don't give either much business but I go by them both daily.
Link Posted: 5/18/2022 7:58:36 PM EDT
[#25]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I love buying low!
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Thats the funny part, it isn't low - in fact its significantly higher now than it was any time in 2017, 2018, 2019 or 2020

Link Posted: 5/18/2022 7:59:17 PM EDT
[#26]
A few months ago my buddy sold off about 250k. He’s waiting to buy back in…
Link Posted: 5/18/2022 8:01:14 PM EDT
[#27]
Buy the fucking dip.
Link Posted: 5/18/2022 8:02:00 PM EDT
[#28]
If gas goes to $10 a gallon average we are going to see dow in 4 digits.
Link Posted: 5/18/2022 8:03:29 PM EDT
[#29]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Inflation and devaluing of the dollar.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
S&P is at ~ 3,923

It was ~ 2,237 March 2020

Or even say ~3,370 Feb 2020, which was the 10 year high point.

That was pre-COVID prices, the world was in a much better place, companies and the economy were healthier than they are now.

There is no reason it should still be higher today than it was pre-COVID.

Inflation and devaluing of the dollar.


It is supply driven inflation, rather than demand driven inflation.  Would normally expect this to result in lower share prices.
Link Posted: 5/18/2022 8:04:02 PM EDT
[#30]
Discussion ForumsJump to Quoted PostQuote History


Except that dip buyers are the ones fighting the Fed right now. They told you exactly what they were going to do and yet you are buying stocks at insane PEs
Link Posted: 5/18/2022 8:06:39 PM EDT
[#31]
It’s literally A TIME BOMB.
Link Posted: 5/18/2022 8:13:44 PM EDT
[#32]
Every paycheck via 401k.  I've got at least 10 year until retirement so I'll just keep on with the contributions.
Link Posted: 5/18/2022 8:18:21 PM EDT
[#33]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


It is supply driven inflation, rather than demand driven inflation.  Would normally expect this to result in lower share prices.
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
S&P is at ~ 3,923

It was ~ 2,237 March 2020

Or even say ~3,370 Feb 2020, which was the 10 year high point.

That was pre-COVID prices, the world was in a much better place, companies and the economy were healthier than they are now.

There is no reason it should still be higher today than it was pre-COVID.

Inflation and devaluing of the dollar.


It is supply driven inflation, rather than demand driven inflation.  Would normally expect this to result in lower share prices.


Uhh, supply of products may increase their price but that’s not called inflation.  Inflation comes from increasing the money supply, in this case by debt funded gov spending
Link Posted: 5/18/2022 8:27:04 PM EDT
[#34]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
The wild oscillation we are seeing right now also happened before the 2008 crash, if I remember correctly.

I think the mother of all crashes is looming on the horizon.

Hope I'm wrong, because I'll get a big haircut. But I've had them before.
View Quote

It seems like we are quickly approaching the short the phone book moment.
Link Posted: 5/18/2022 8:27:58 PM EDT
[#35]
pssh not even an ordinary monday

I just hope for it to come down a bit at the beginning of the month
Link Posted: 5/18/2022 8:28:06 PM EDT
[#36]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
A friend has been trying to get me started day trading. Rough learning curve.
View Quote

But a good learning curve. If you can learn to make money in this market, you can make money in any market
Link Posted: 5/18/2022 8:29:38 PM EDT
[#37]
I meant to throw $20K in today but got caught up doing something.  See what happens tomorrow.
Link Posted: 5/18/2022 8:30:12 PM EDT
[#38]
Buying opportunity
Link Posted: 5/18/2022 8:31:17 PM EDT
[#39]
Shit is gonna be on discount, both stocks and personal property. I expect people will be off loading toys, guns, and jewelry in the next year. I want a Daytona to go with my submariner I bought in 2008 for less than $4k.
Link Posted: 5/18/2022 8:33:10 PM EDT
[#40]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

It seems like we are quickly approaching the short the phone book moment.
View Quote



Just waiting on the face ripping rally.
Link Posted: 5/18/2022 8:34:35 PM EDT
[#41]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Don’t fight the Fed.

I can see 2500 on the SPX..
View Quote

We go lower. Leverage is a funny thing.
Link Posted: 5/18/2022 8:36:12 PM EDT
[#42]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Uhh, supply of products may increase their price but that’s not called inflation.  Inflation comes from increasing the money supply, in this case by debt funded gov spending
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:
S&P is at ~ 3,923

It was ~ 2,237 March 2020

Or even say ~3,370 Feb 2020, which was the 10 year high point.

That was pre-COVID prices, the world was in a much better place, companies and the economy were healthier than they are now.

There is no reason it should still be higher today than it was pre-COVID.

Inflation and devaluing of the dollar.


It is supply driven inflation, rather than demand driven inflation.  Would normally expect this to result in lower share prices.


Uhh, supply of products may increase their price but that’s not called inflation.  Inflation comes from increasing the money supply, in this case by debt funded gov spending


You may want to take another look at how inflation is calculated.
Link Posted: 5/18/2022 8:55:51 PM EDT
[#43]
I've got a big chunk of cash I've been saving over the last few years.  When the S&P hits 3,500 I'm making a large buy for a long term hold.
Link Posted: 5/18/2022 8:57:08 PM EDT
[#44]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
My habits remain unchanged.
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Same here.
Link Posted: 5/18/2022 8:57:23 PM EDT
[#45]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Shit is gonna be on discount, both stocks and personal property. I expect people will be off loading toys, guns, and jewelry in the next year. I want a Daytona to go with my submariner I bought in 2008 for less than $4k.
View Quote


I'm holding out for better and even cheaper. You know the saying, "can't eat a Patek Philippe!"
Link Posted: 5/18/2022 8:58:30 PM EDT
[#46]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


dollar cost average all the way down and up...
View Quote


This.  


Link Posted: 5/18/2022 9:00:36 PM EDT
[#47]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



IDK how Target stays in business. The parking lots of their stores around my area of Ohio are always deserted compared to Walmart. They must be able to sell less stuff at a higher margin.
Or maybe it's just different in other parts of the country.
View Quote


The ones here on Long Island are packed all day.

Link Posted: 5/18/2022 9:04:42 PM EDT
[#48]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Costco dropped almost 13% today on no news, and they don't even report until the 26th, when they're confidentally expected to beat YOY and estimates, again.

'Course I'm buying, I love a sale.

View Quote
Target missed buy a mile, and they dragged pretty much all retail stocks down with them.

I guess MILF's in yoga pants aren't shopping at Target anymore?
Link Posted: 5/18/2022 9:06:41 PM EDT
[#49]
Averaging into beat up dividend aristocrats and kings.
Link Posted: 5/18/2022 9:08:31 PM EDT
[#50]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Target missed buy a mile, and they dragged pretty much all retail stocks down with them.

I guess MILF's in yoga pants aren't shopping at Target anymore?
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Costco dropped almost 13% today on no news, and they don't even report until the 26th, when they're confidentally expected to beat YOY and estimates, again.

'Course I'm buying, I love a sale.

Target missed buy a mile, and they dragged pretty much all retail stocks down with them.

I guess MILF's in yoga pants aren't shopping at Target anymore?

It wasn't just Target.  Walmart missed yesterday.  Retail is getting hammered.
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