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Talking stocks, trading, and investing in general - Page 665

post #9961 of 11197

One part of my Roth IRA is up over 100% YTD.  Go precious metals!

 

9.84% QTD, 112.6% YTD, 85.31% 12-month

post #9962 of 11197
Quote:
Originally Posted by OmniscientCause View Post

Holy shit at nvda...I was planning on pitching this in November. Really kicking myself.

I had a bit of NVDA in grad school around fall 2008. They dropped 14 or 15% in one day and I panicked and sold.

Revisiting the past is a useless bitch - and the best lesson I taught myself. Rode AAPL from the 20 some days to the 280 some days, but never to the 700+ some days. You take the good with the bad.
post #9963 of 11197
We've hit a new ATH. Time to see if @lawyerdad is right.
post #9964 of 11197
Quote:
Originally Posted by dizzy View Post

We've hit a new ATH. Time to see if @lawyerdad is right.

Right about what?
post #9965 of 11197
Wow, pretty big day in the markets, at least for me. Overall TFSA up about 3.5% today! Airlines leading the way big time. Just trimmed off AAL and nearly there on DAL and UAL too. At least all the stuff I bought at the Brexit drop. Nearly there to close out my positions on a few others like TWTR, MU, etc. A few others like FSLR still hanging low, and others like DIS and AAPL and NFLX still taking their sweet time to go anywhere but sideways. GILD also came up a hint but still not quite there...
post #9966 of 11197
Central bank pump is here to stay. Everyone's a winner!
post #9967 of 11197
See?
post #9968 of 11197
Quote:
Originally Posted by lawyerdad View Post

See?

Should I buy some NVDA at its ATH?
post #9969 of 11197
I'm seeing my stocks either barely up or starting to come down... my hunch is it's levelling off and everything will either take a pause and keep going up, or more likely I think things are going to come back down 5-10% and level off. My sense is unless there's some big upward catalyst, this was a strong run but has to pull back now.
post #9970 of 11197
Quote:
Originally Posted by Master-Classter View Post

I'm seeing my stocks either barely up or starting to come down... my hunch is it's levelling off and everything will either take a pause and keep going up, or more likely I think things are going to come back down 5-10% and level off. My sense is unless there's some big upward catalyst, this was a strong run but has to pull back now.

I'll bet you're right about at least some of this.
post #9971 of 11197
That's the spirit!



In all seriousness, if I had to pick a prediction, I'd say this will level out for a few days and then come back down 5-10% and settle there. Unless something big happens within a week, I don't see how this can keep going higher, and many of the 'majors' like AAPL, GILD, etc are still basically going sideways. This bull is based on a few randoms going crazy. That's my sense.


I trimmed off quite a few things this morning and happy to be waiting with cash if/when it comes down within a week or two. If it all goes up, so be it.
post #9972 of 11197
Quote:
Originally Posted by Master-Classter View Post

I'm seeing my stocks either barely up or starting to come down... my hunch is it's levelling off and everything will either take a pause and keep going up, or more likely I think things are going to come back down 5-10% and level off. My sense is unless there's some big upward catalyst, this was a strong run but has to pull back now.

So in summary, either things will stay the same, go up, or go down? I think you're 100% on target. wink.gif
post #9973 of 11197
VRX went up 6% earlier today and now it's down 3% for me.

I think you guys are onto something here...

🤔🤔🤔
post #9974 of 11197
Quote:
Originally Posted by Piobaire View Post

So in summary, either things will stay the same, go up, or go down? I think you're 100% on target. wink.gif

I'm sure you're joking and pointing out the futility of trying to predict things. That being said, what I said was, my 'prediction' is that the market will level off and start to come down within a week, two at the most and blow off 5-10% of the over zealous upswing we've just had since I don't think it's based on anything real, given that there was no real major news and some of the big guys haven't really moved anywhere. I think it's just people being tired of watching it all go down and sitting on the sidelines and all the brexit money that left the market, plus all the foreign stuff coming into the US market is giving it a bit of a fake rally. If it keeps moving sideways, the only way it's going up from here is if something big happens and that's entirely unpredictable. To me the more likely thing is it comes down, either slowly or quickly. Hence why I trimmed quite a bit today. Let's see by the end of the week if it's flat or has already started coming down :-)
post #9975 of 11197

So all that sidelined cash we've been hearing about is getting back into the market it seems after AA and JPM earnings.  The fear of missing out?

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