Posted on 11/04/2013 1:42:41 AM PST by expat_panama
This is the Weekly Investment & Finance Thread (Nov. 4 - Nov. 8 edition)----
Trying to focus on the markets for today and each day and the economic news
This is where you can exchange some investment opinions and advice; if you see another FR economic thread you like and want to link to it here, please post your favorite economic site links. Your favorite economic blogs and precious metals blogs and sites.
Ping list -- on or off let me know here or via freep-mail. If I missed you then Freep-mail me
I might ping you to other interesting economic threads a few times a week. One per day maybe
Sites that posters have recommended ------
--and a glorious new week to all!! This morning all futures markets are up with stocks one of the highest. Headlines:
Stocks Quiet, But History Says Final Two Months Are Often Bullish11/01/2013 07:05 PM ET - Stocks kicked off November with small gains in fading volume. The Nasdaq inched up 0.1% Friday, while the S&P 500 added 0.3%. The IBD 50 advanced 0.4%. Volume fell across the board.
When I plotted the fed graph of S&P 500 w/ corp profits it made so much sense to me that I had to share it. That was at first. The more I look at it the less sense it makes. Comments/help welcome.
The freestockcharts doesn't seem to have the correct current price for RNF. It's at about 19.62 and fsc seems stuck at 20.09.
I see you have them listed above, so I assume so. Any feedback would be very appreciated. Was thinking of getting 3 or so of the 10 oz Pamp Suisse Gold Bar .9999 Fine (In Assay).
long ago this daily thread was primarily for precious metals traders but as the markets shifted the regulars now are largely into stocks. You might get better info from dennisw, the guy that started the thread.
according to IBD the numbers on RNF aren’t too gooe, let me know if you can use this link: http://research.investors.com/stock-checkup/nyse-rentech-nitrogen-ptnr-lp-rnf.aspx —if not I’ll give u a screen shot.
whew, busy day. my stock picking screens are radically different because I haven’t been pleased with returns on what I was doing. bot a couple today (NUS & RGR) and so far so good...
I'm waiting for another drop into 17's. Could be wrong. Last week I read the target price was 22.
Looks like you found some good ones. Nu Skin, had to check that out, it climbed nicely. Thought you had Ruger there but it's Renaissance something, climbed gently and steadily then tapered off near closing.
Don't bother with a chart. I had one up all day, had a feeling it was going to nosedive again. It did. It was selling at 32 maybe higher just a few weeks ago and had a terrific dividend which I never timed so I got it.
Guess you're buy and hold and not your energy or precious metals. You sound confident. I like that.
Going from yesterday's "Gain In Choppy Trade" we now got most future's markets down this morning, stocks included. What's up:
European stocks fell from a five-year high as the European Union cut its growth outlook and Bayerische Motoren Werke AG retreated after reporting results.Texas Rising: More Jobs, More Business, More Housing
U.S. Mutual Funds Up 3.39% in Oct.; Pullback Overdue
Editorial: New Snowden Victim: U.S.-EU Trade Pact
For all the work I put into this the surprise is that my best investment is the S&P emulator fund I bought in 2009. OK, lucky timing, but my favorite time frame is to buy and hold for a month or so --I hear they call that "swing trading". Seems in that frame there's so much more info coming in about general markets and individual companies. One would think. Reality is that lots of people do quite well in other time frames in other markets so the key (imho) is constant learning and watching what others (like yourself) are doing.
It really seems to me that our general situation is one of profound transition.
We got our up beat stock futures going again, after yesterday's "turned in a resilient performance Tuesday as major averages ended well off session lows, but the S&P 500 logged its third distribution day" ( http://www.investors.com/#ixzz2jrZQFhZM).
Other headlines:
At present, the S&P is up about 1/3 of a percent, but the Russell 2000 is down about 1/2 of one percent.
Only one day but can we conclude anything from this? Confidence the other day was quite dismal - consumers only buy at R2K companies?
I am long IWM.
huh, I missed that one. Seems that over the past few years the R2K out performs the S&P in general but falls harder on the downside. Maybe I'd better watch it to see if this is typical over the next few weeks...
News headlines say it all--
Wow, real honest to goodness selling today. The market is actually struggling to rise. How refreshing.
Just hit 46.19
What the heck happened today. Good news is bad news and bad news is good news. The GDP was better than expected so big sell off.
fwiw, that 'strong' gdp represents an average gdp growth of 0.1% over the past six years. I'd hate to hear what they call "weak".
Had to dump my NUS but took a profit on my RGR.
I wish they would start “tapering” to get this craziness out of our system.
Sorry you had to eat NUS, hope it was small loss or break even. We will see if this pullback continues.
A lot of it is timing. NUS sucked for you this time but it could be where you wanted it to go up ahead. Or take a big short on it if you know how if it tanks.
My days are getting broken up by having to go out so it's hard to get into something if I can't watch it since there's nothing long that interests me.
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