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Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. idfnl

    idfnl Stylish Dinosaur

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    European central bank announced it will start QE next month.
     


  2. jbarwick

    jbarwick Distinguished Member

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    Thinking about buying some Euro's. $1.30 is usually our buy spot to prepare for our visits over there.
     
    Last edited: Sep 4, 2014


  3. idfnl

    idfnl Stylish Dinosaur

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    Jobs numbers are pretty bad so markets turn positive. I get the dynamics of it, but still.

    Can you believe ACTC (now ACTCD) has gone up after the reverse split?
     
    Last edited: Sep 5, 2014


  4. SkinnyGoomba

    SkinnyGoomba Stylish Dinosaur

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    Bought more BP yesterday, additional 18B in fines seems excessive and is possible to be reduced
     


  5. amerikajinda

    amerikajinda Stylish Dinosaur

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    BP's up a little today... that could turn out to be a great move!

    I sold all my $GD (General Dynamics) at $125.61. Bought it at $66.22. For those of you keeping score at home, that would be a nearly 100% ROI... :foo:

    Also picked up some STT and LLL.

    [​IMG]
     
    Last edited: Sep 5, 2014


  6. SkinnyGoomba

    SkinnyGoomba Stylish Dinosaur

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  7. idfnl

    idfnl Stylish Dinosaur

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    Nice trade, dude. Be careful though reporting any form of success... some here may think you're uppity.


    Close call. My RAD options expired today... $6.5 strike, it closed at $6.49, ha ha. The guy on the other end of that trade must be pissed.
     
    Last edited: Sep 5, 2014


  8. amerikajinda

    amerikajinda Stylish Dinosaur

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    Picked up a few shares of $MNK (Irish Pharmaceutical company) at $84.94. Hopefully I'll ride this train to over $100...

    [​IMG]
     


  9. djblisk

    djblisk Distinguished Member

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    WTF is going on with GoPro. That stock has been shooting up for no reason.
     


  10. otc

    otc Stylish Dinosaur

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    Probably just like the cameras.

    People are rushing to buy the shares, will stare at them for a few weeks, and then they will end up stuffed away in a dark corner of their portfolio and never thought about.
     


  11. otc

    otc Stylish Dinosaur

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    Holy shit ACTC (ACTCD for now) pop.

    Wonder if I should sell...was planning on holding for much longer (already been a while), but this looks temporary.
     


  12. jbarwick

    jbarwick Distinguished Member

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    APL is interesting in that it is moving the whole market. Dips in AAPL correspond to dips and gains in the market.
     


  13. otc

    otc Stylish Dinosaur

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    You are aware that AAPL is a part of the S&P 500 and NASDAQ Composite indexes right*? Both are capitalization weighted, so AAPL is a large share of the index.

    Add in the fact that all stocks move with the market to some extent (as measured by beta) and I think you have drawn a false causation conclusion.

    *It is not part of the Dow since the Dow uses an idiotic weighting scheme and thus apple would dominate the index (less so than before the split...but still stupid).
     


  14. jbarwick

    jbarwick Distinguished Member

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    I never realized to what extent the weighting occurs. It is more of just a look at what we can do sort of aspect. When we announce, big shifts happen. Google Glass didn't do anything like this.
     


  15. otc

    otc Stylish Dinosaur

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    Apple is currently the single largest company (by weight) in both of those indices.

    I'm not saying that there can't be any effect due to all of the retail investor euphoria surrounding apple, but I am not sure I would characterize apple as a long term driver of the market (beyond the influence their market cap carries).
     


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