Stock market tips and experiences

Derek8819 · 02-04-2014, 08:43 AM

what's the deal with the drop in the market today/yesterday?

schoy · 02-04-2014, 12:44 PM

Mact, dead cat bounce today? Considering whether to unload some longs that I held through last year.

John Tanglewood · 02-04-2014, 02:19 PM

Quote:

Originally Posted by John Tanglewood

Hey guys, I have a decent brokerage account that was gifted to me in a trust. As of right now all of it is in JNJ which I have received some nice dividend payments from, but I am interested in getting my hands dirty and (obviously) trying to get in on some solid growth.

As opposed to just asking for advice, I instead am asking for any recommendations on books or periodicals that can get me better acquainted with the market, terms, and how to buy/sell. Advice on what to buy is appreciated (i have been looking over this thread and find all of your knowledge to be very interesting), but I will get more out of understanding what goes into purchasing decisions than just heeding the advice of internet strangers.

Anyway, I have 2 books that I am just starting to get into now - A Random Walk Down Wall Street (Malkiel) and The Intelligent Asset Allocator (Bernstein) (which is currently WAAAY over my head).

Any other advice aside from books and periodicals (maybe you could also suggest a good financial investing forum) would be much appreciated.

And a last question - If you had millions in the bank (not me) and could ONLY CHOOSE ONE, would you focus more on Real Estate or the Stock Market for financial gain?

Thanks and looking forward to popping up on this thread.

Bueller? Nobody in this thread is willing to help at all? That's surprising.

PSUSMU · 02-04-2014, 03:30 PM

Quote:

Originally Posted by John Tanglewood

Bueller? Nobody in this thread is willing to help at all? That's surprising.

This is a stock market thread.. I wouldn't expect people to weigh in on real estate.

Gizm0 · 02-04-2014, 03:48 PM

HEMP!!!!!! I'm 2 days late

Myrder · 02-04-2014, 05:25 PM

Quote:

Originally Posted by John Tanglewood

Bueller? Nobody in this thread is willing to help at all? That's surprising.

You should read Richest Man in Babylon. If I had millions in the bank I would certainly not focus on just one of the options but probably a combination of both. If the if the stock market or real estate market crash, at least with real estate you might have a house to live in?

Razzy · 02-04-2014, 06:54 PM

I'm gonna go ahead and pull a Mact. Gonna say we are in for a pump up

. Like him, hopefully i'm right lol.

Ps: Mact, what's your take on gold stocks? I'm down a metric fuckton in gold/silver stocks.

gatorfast · 02-04-2014, 06:58 PM

Quote:

Originally Posted by Razzy

I'm gonna go ahead and pull a Mact. Gonna say we are in for a pump up

. Like him, hopefully i'm right lol.

Ps: Mact, what's your take on gold stocks? I'm down a metric fuckton in gold/silver stocks.

Play the commodity i.e. GLD and not the gold stocks

NemesisX · 02-04-2014, 08:35 PM

Quote:

Originally Posted by Derek8819

what's the deal with the drop in the market today/yesterday?

If anyone knew the real answer he or she would be filthy rich

gatorfast · 02-04-2014, 09:00 PM

Quote:

Originally Posted by tamarx

Do it, irregardless if the market is tanking or not.

mact3333 · 02-04-2014, 10:40 PM

on ST basis mkts were way oversold...gotta relieve some pressure before selling resumes...$RUT has already told the story...SPX and Dow to follow soon...choppy to slightly upward bias for few days.

Charts show we are at support lines on Dow and SPX but since smaller RUT names broke, larger SPX stocks should follow.

But its smart only to short with smallish positions cause its tricky to trade ST and IT bears...much easier to go long high flying stocks during bulls thats for sure.

Safe thing to do is to sit out during bears.

Bottom line, are we in a bear?..ST for sure, IT bear probable..no sign we are in LT bear imho.

John Tanglewood · 02-05-2014, 10:10 AM

Quote:

Originally Posted by PSUSMU

This is a stock market thread.. I wouldn't expect people to weigh in on real estate.

Hey guy, maybe if you responded to the other 90% of the post that wasn't real-estate based......

John Tanglewood · 02-05-2014, 10:11 AM

Quote:

Originally Posted by Myrder

You should read Richest Man in Babylon. If I had millions in the bank I would certainly not focus on just one of the options but probably a combination of both. If the if the stock market or real estate market crash, at least with real estate you might have a house to live in?

Sorry forgot to mention, I have read that book, it was great! Thanks!

PSUSMU · 02-05-2014, 10:39 AM

SGLB/VJET... hold onto your butts for upcoming ERs

mact3333 · 02-05-2014, 11:19 AM

Quote:

Originally Posted by mact3333

As noted last Wed, we will be seeing 1730...

Set stops for break even for SGLB near 0.12...no need to fight downtrend in general mkts...I would set stops at VJET near break-even near 34-ish too.

1730 will set a temporary floor, but if it breaks through and bounces back up to that redline watch out, selling will be intense then.

If 1730 holds, then its business as usual.

Stops should have been set at 0.12 for SGLB at break-even in these type of mkts....and same for VJET...I was out of VJET at 34 level.

DDD cratered today due to downward earning revision.

schoy · 02-05-2014, 01:10 PM

I bought SGLB at .13, and set my stop at .13. Cleared yesterday. No harm, no foul (less transaction costs).

F1Venom · 02-05-2014, 04:10 PM

Any thoughts on TWTR? It's down over 12% in AHT due to its ER, I suppose it'll gap down tomorrow and continue sliding until next week.

PSUSMU · 02-05-2014, 04:16 PM

I bought a TWTR Feb 22 $60 put at 3:59pm for shits and giggles. Tomorrow might be like Christmas morning.

F1Venom · 02-05-2014, 11:00 PM

Quote:

Originally Posted by PSUSMU

I bought a TWTR Feb 22 $60 put at 3:59pm for shits and giggles. Tomorrow might be like Christmas morning.

I thought about it but the premiums were insane.

Hisam135i · 02-06-2014, 12:04 AM

Hey Mact, how have you been doing? I just finished my undergrad and have a few months before I (if accepted) start a phd in finance. I should be more active again!

PSUSMU · 02-06-2014, 09:44 AM

Quote:

Originally Posted by F1Venom

I thought about it but the premiums were insane.

Well worth the risk. Twitter is still overvalued. Cashed out +200% this morning.

02-08-2014, 01:04 AM

Searching does the heart GOOD !
Where did some of you learn to trade ? Did you just jump in and learn along the way or what ?
I saw a good "receipt" of some ones earnings and loss report. I have been studying to start options/stock trading. Would love to get some inputs and opinions. Been trying to get hours of studying in so I could finally strat trading.

02-04-2014, 08:43 AM	#3961
Derek8819 First Lieutenant 35 Rep 358 Posts Drives: 2015 F80 M3 Join Date: Nov 2011 Location: New Orleans, LA iTrader: (4)	what's the deal with the drop in the market today/yesterday?
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02-04-2014, 12:44 PM	#3962
schoy Major 997 Rep 1,005 Posts Drives: Melbourne Red E90 M3 Join Date: Apr 2010 Location: USA iTrader: (0)	Mact, dead cat bounce today? Considering whether to unload some longs that I held through last year.
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02-04-2014, 03:48 PM	#3965
Gizm0 Colonel 426 Rep 2,136 Posts Drives: 08 e92 335i 6mt Join Date: Jan 2013 Location: Virginia iTrader: (1)	HEMP!!!!!! I'm 2 days late __________________ JB4 G5 w/ Backend flash - Walbro 450lpfp - VRSF DPs - VRSF 5" stepped IC - DCI - ER CP w/ Tial BOV - 335is clutch
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02-04-2014, 06:54 PM	#3967
Razzy Lieutenant 242 Rep 509 Posts Drives: N/A Join Date: Sep 2008 Location: Ontario, Canada iTrader: (0)	I'm gonna go ahead and pull a Mact. Gonna say we are in for a pump up . Like him, hopefully i'm right lol. Ps: Mact, what's your take on gold stocks? I'm down a metric fuckton in gold/silver stocks.
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02-04-2014, 10:40 PM	#3971
mact3333 Captain 121 Rep 876 Posts Drives: 16' YMB/Blk F82 Join Date: Mar 2011 Location: Portland Area iTrader: (1)	on ST basis mkts were way oversold...gotta relieve some pressure before selling resumes...$RUT has already told the story...SPX and Dow to follow soon...choppy to slightly upward bias for few days. Charts show we are at support lines on Dow and SPX but since smaller RUT names broke, larger SPX stocks should follow. But its smart only to short with smallish positions cause its tricky to trade ST and IT bears...much easier to go long high flying stocks during bulls thats for sure. Safe thing to do is to sit out during bears. Bottom line, are we in a bear?..ST for sure, IT bear probable..no sign we are in LT bear imho.
	Appreciate 0 Quote

02-05-2014, 10:39 AM	#3974
PSUSMU Captain 95 Rep 985 Posts Drives: 2008 Porsche 911 Carrera S Join Date: Jun 2012 Location: Falls Church/Merrifield, VA iTrader: (3)	SGLB/VJET... hold onto your butts for upcoming ERs __________________ RSI, LLC \| Fender Rolling \| Suspension \| Engine \| Other Stuff
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02-05-2014, 01:10 PM	#3976
schoy Major 997 Rep 1,005 Posts Drives: Melbourne Red E90 M3 Join Date: Apr 2010 Location: USA iTrader: (0)	I bought SGLB at .13, and set my stop at .13. Cleared yesterday. No harm, no foul (less transaction costs).
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02-05-2014, 04:10 PM	#3977
F1Venom Banned 73 Rep 961 Posts Drives: ZCP E90 M3 Join Date: Apr 2013 Location: USA iTrader: (0)	Any thoughts on TWTR? It's down over 12% in AHT due to its ER, I suppose it'll gap down tomorrow and continue sliding until next week.
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02-05-2014, 04:16 PM	#3978
PSUSMU Captain 95 Rep 985 Posts Drives: 2008 Porsche 911 Carrera S Join Date: Jun 2012 Location: Falls Church/Merrifield, VA iTrader: (3)	I bought a TWTR Feb 22 $60 put at 3:59pm for shits and giggles. Tomorrow might be like Christmas morning. __________________ RSI, LLC \| Fender Rolling \| Suspension \| Engine \| Other Stuff Last edited by PSUSMU; 02-05-2014 at 05:00 PM..
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02-06-2014, 12:04 AM	#3980
Hisam135i Major 54 Rep 1,166 Posts Drives: 335i Join Date: Dec 2010 Location: Irvine, CA iTrader: (0)	Hey Mact, how have you been doing? I just finished my undergrad and have a few months before I (if accepted) start a phd in finance. I should be more active again! __________________ 2008 Monaco Blue 335i \| Terracotta \| Premium \| Auto \| Comfort Access \| Matte-black Grills \| Carbon Fiber Splitters \| 20% Tint \| 1- point E9x Picture Game \| Staggered 19' VMR V701 \| Legal Disclaimer: My posts on this website cannot be held against me in any issues, such as warranty claims. \|
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02-08-2014, 01:04 AM	#3982
Beameredup1025 Guest 0 Rep n/a Posts Drives:	Tips for the new guy to trading Searching does the heart GOOD ! Where did some of you learn to trade ? Did you just jump in and learn along the way or what ? I saw a good "receipt" of some ones earnings and loss report. I have been studying to start options/stock trading. Would love to get some inputs and opinions. Been trying to get hours of studying in so I could finally strat trading.
	Appreciate 0 Quote