hmmmm .....
I'm the Q train rider ... you could at least ping me.
Everyone has different interests, goals and approaches...
I have been in the market for sometime now...
And I enjoy sharing ideas and insights..
Buy and hold is sort of a bland topic ...
A good strategy ... but not very much fun.
Everyone has a hobby, something that gives them a bit of satisfaction in life.
Some people golf, some travel around, some buy a bass boat.
I like to trade .... a lot of people like to trade
Trading actively
keeps your head in the game, your mind in the news and your
adrenaline up.
I enjoy discussing long term holdings, dividends, mkt caps , short interest, financials, earnings, whatever.
So what will you add to the topic...?
“I bought the Q 5 years ago”
That's great .. I did too ..but is that it?
What are looking at now..?
If I was just looking at the market today .. what should I be aware of?
Should I get some gold?
Buy NVIDIA now at 778 or wait for a pull back?
Or are we looking at a pop ...
Remember this is not for financial advise it's only ENTERTAINMENT
IT really helps the time go by when I'm watching the numbers.
.... it's better than a bass boat.
“IT really helps the time go by when I’m watching the numbers.
.... it’s better than a bass boat.”
One can do both!
“I enjoy discussing long term holdings, dividends, mkt caps , short interest, financials, earnings, whatever.”
Same here. Long term investments are different from daily trading. Some stocks I have and am holding for the long-term. The grandchildren will benefit from those.
But for daily trading I enjoy reading the news, looking for insights and business news tidbits, economic reports, and then buying or selling a stock or fund based upon what I think will be the most profitable in the short run. The “Q”s are fun in that regard. (Also, I think the economic numbers we see reported are usually full of lies).
And then there are some stocks you can “buy on the rumor, sell on the news” and make a short quick profit.
It is fun AND entertaining as long as you aren’t “betting the grocery” money.
Speaking of NVDIA,
“NVDA Adds Record $250BN In Market Cap Overnight: Two Goldman Sachs Or A Whole Netflix”
I’ve raised my stops four times today on both QQQ and SPY.
I don’t trust these mega spikes, esp when TLT is up as well (indicating that the Fed is jacking the money supply). If TLT was down, that would indicate some degree of rotation from bonds to equities.
I bought QQQ at 425.57 on Tuesday, and my sell stop is currently 433.80.
I bought SPY at 496.18 on Tuesday, and my stop is currently at 501.80.