Garry k wrote:
And down the market goes again

Gold continues to climb

and those Bear Stock ETFs are moving up as well

And ths morning BABA and NVDA hit the pre-programmed "buy" point and computers must have bought a ton of each.
BABA up 9.80 per share, NVDA up 8.48 per share currently. Until we hit the pre-programmed sell point, then down they go.

Choppy waters, not gonna be smooth sailing for now. Settle in, run and hide, keep cash on hand - your choice.

Garry k wrote:
What a Wild Ride

I see no end in sight to the twists, turns, bumps and dips.
All of this was inevitable, ETFs, computerized trading, the low cost of being your own broker (Fidelity, Vanguard, Etrade etc) resulting in a huge increase in "home traders" and the increased speed of the news cycle have all contributed.
There is no going back, rather I suspect it will get worse.
And a total meltdown (which I doubt will happen any time soon) will not be cause for a "re-set", just a repeat.

As individuals, humans are smart. As a group, we are imbeciles!!!!

Garry k wrote:
Well the Market appears to be back on an uptrend

And I see Cramer is again pumping those FAANG stocks

hmmm

but for how long

Precious metals are still moving up even while the overall market is on an uptick.
So many are still seeking a "safe haven" investment.
Meanwhile, all of my other stocks are headed in the right direction for now.

Nobody can predict the future but it seems there are lots of bargains out there and always remember that large institutional buyers/sellers are largely programs in computers set to trigger points and that the price of a stock that is on solid ground can be affected by the performance of lesser stocks in the same ETF, both positively and negatively.

sospix wrote:
Well, my remaining Tilray sold this morning at right @$100 per share  .  .  .  nice ride in a pretty short time  .  .  .  good chance I'll revisit that one if it gets pushed down into the low $70's, or high $60's  .  .  .  companies like that are ripe for a buyout, so timing will be everything  .  .  .

SOS

Congrats

That Stock is too wild a ride for Me

sospix wrote:
Well, my remaining Tilray sold this morning at right @$100 per share  .  .  .  nice ride in a pretty short time  .  .  .  good chance I'll revisit that one if it gets pushed down into the low $70's, or high $60's  .  .  .  companies like that are ripe for a buyout, so timing will be everything  .  .  .

SOS

Well done.
Don't wanna take out a second mortgage for such antics but if you have casino money and walk away laughing life is good!

Shadow Dancer wrote:

Well done.
Don't wanna take out a second mortgage for such antics but if you have casino money and walk away laughing life is good!

Luckily everything I used for my second foray into Tilray was "winnings" from my first run at it from July to September of 2018  .  .  .  always nice to be using house money  .  .  .    I try and keep a small fund ready for some gambles now and then, this one turned out very nicely both times  .  .  .  I think my last really good play was NVIDIA in 2016-2017  .  .  .  of course, there's plenty of stinkers in the mix too  .  .  .  I'm not sure if I'll ever get back to even again on that Under Armour play a few years back  .  .  .    I guess if I can minimize the real losers, and get a couple nice winners every year or so, it still beats watching the FANG, SPDR and WANG ETFs flutter up and down  .  .  .

SOS

sospix wrote:

Luckily everything I used for my second foray into Tilray was "winnings" from my first run at it from July to September of 2018  .  .  .  always nice to be using house money  .  .  .    I try and keep a small fund ready for some gambles now and then, this one turned out very nicely both times  .  .  .  I think my last really good play was NVIDIA in 2016-2017  .  .  .  of course, there's plenty of stinkers in the mix too  .  .  .  I'm not sure if I'll ever get back to even again on that Under Armour play a few years back  .  .  .    I guess if I can minimize the real losers, and get a couple nice winners every year or so, it still beats watching the FANG, SPDR and WANG ETFs flutter up and down  .  .  .

SOS

Yes, much less nerve-wracking to use profits to gamble!!!!

It's an art and a science. I keep a cash stash as well. Lately one must be nimble. I jumped in and out of BABA recently, made 7+% but a fairly small holding. I'm out and it is going down currently. At a certain point I'll pick up some more for a longer term play, I've done well with that stock over the years. The potential is huge but it keeps getting sideswiped.

I have no ETF holdings. I agree with Cramer that you should choose the best in sector and let others gamble on a basket of variable returns.

Shadow Dancer wrote:

Yes, much less nerve-wracking to use profits to gamble!!!!

It's an art and a science. I keep a cash stash as well. Lately one must be nimble. I jumped in and out of BABA recently, made 7+% but a fairly small holding. I'm out and it is going down currently. At a certain point I'll pick up some more for a longer term play, I've done well with that stock over the years. The potential is huge but it keeps getting sideswiped.

I have no ETF holdings. I agree with Cramer that you should choose the best in sector and let others gamble on a basket of variable returns.

ETFs can be sector specific

and Cramer likes Canopy over Tilray

Garry k wrote:

ETFs can be sector specific

and Cramer likes Canopy over Tilray

Yes, typically they are sector specific. As always, some stocks in a sector will out-perform and some will under-perform.
Imagine a retail ETF with Sears and JC Penney.
You'd be much better off to just own Home Depot and avoid the losers, no?

Shadow Dancer wrote:

Yes, typically they are sector specific. As always, some stocks in a sector will out-perform and some will under-perform.
Imagine a retail ETF with Sears and JC Penney.
You'd be much better off to just own Home Depot and avoid the losers, no?

An Index Fund will give  equal representation of all the stocks in the sector - Etfs are usually chosen stocks stocks within the sector and carry different weights

Garry k wrote:

An Index Fund will give  equal representation of all the stocks in the sector - Etfs are usually chosen stocks stocks within the sector and carry different weights

In any basket of stocks, some will go up, some will stay put and some will go down.
Not quite sure what "equal representation" means?
Same number of shares? Same total monetary value (constantly shifting!!!)

With an ETF the different weights may be due to one stock running up and another running down. Why would you want to own any of the one going down?

Garry k wrote:
So it Looks like the Market has recovered for now

That was a scarey and expensive drop for many

Hundreds of Millions of Dollars were Lost on the FAANG Stocks alone

Dow and Nasdaq recovering

And Now Cramer is saying that the Cloud Kings are the New FAANG  ( i think that emerging tech sector is worth looking into )

GE up by 50 per cent

And Gold breeching $1300 US and staying steady

Interesting Times

Money is lost when you sell low, many kept their FAANG stocks and will continue to do so.

WPM is up 30+ percent since I bought it a few weeks ago.
My worst stock currently is CGC, down around 5% and recovering.

Watching BABA go up, wishing I had kept. Bought low, sold slightly less low, still mistrustful of US/China trade relations due to pending "negotiations" which will be critical one way or the other.

Can't be everywhere!!!

Bought some MSFT, BAC, and DELL.
We are not out of the woods yet!!!!

What Fun Productions wrote:
What are your favorite web pages for investing information and current events in the market?

I have a friend who subscribes to IBD and gives me their recommendations

( only a few of which i have followed )

I have a look at Tradingview daily - and use that as a springboard to closer examine US Stocks

And as a Canadian keep a close eye on all news related to the Gold Mining , ,Oil and Pot Stocks

Oh and Cramer is always entertaining

Garry k wrote:
Well that was a Fun Rally

but my guess now is that we are headed South Again

Depends on where you put your money.

Since purchase a couple of months ago
CDE up 10%+
WPM up 36%+
So precious metals are doing pretty well. "Safe haven" during uncertainty.
PANW up 15%+
Cyber security will be needed for years to come.
DELL up 15%+
Tech is not dead, it just smells funny. This too shall pass. Tech cannot die in our world without humans returning to caves and eating sticks and dirt.

Shadow Dancer wrote:
Keeping an eye on Boeing - BA.
I owned it in the past and did very well with it. Then I took my profits, should have held it. So it goes.

The stock is going down due to two tragic accidents involving their new 737 offerings with more seating.
China has "frozen" all flights with that model until further notice.
My heart goes out to the families of the deceased.
Still, life goes on.

Short term it is a disaster. Long term it is an opportunity.

Edit: Might have missed it, buyers have scooped up share, sending it upwards.

Shadow Dancer wrote:
Keeping an eye on Boeing - BA.
I owned it in the past and did very well with it. Then I took my profits, should have held it. So it goes.

The stock is going down due to two tragic accidents involving their new 737 offerings with more seating.
China has "frozen" all flights with that model until further notice.
My heart goes out to the families of the deceased.
Still, life goes on.

Short term it is a disaster. Long term it is an opportunity.

As I said earlier - I would never invest in a Defense Stock ( although I realize that is only a part of Boeings Business )

Have to say that I am now really uncertain which way the marked is headed . And I feel as that the next bit of bad news ( ie interest rates , jobs etc ) could send the market tumbling . However some good news ( ie trade resolution with China ) could send the market soaring - but for how long ?
Currently I am only holding

MSFT
INTC ( Intel )
Nugt ( Gold ETF )
and PDL ( a Palladium Stock that I am in and out of becuase i believe that there is a chance it is being manipulated / suppressed )

ZMPHOT   wrote:
Bond market trend indicators are warning  of approaching  recession ...........signs same thing as 2007 signals....no wonder   DOW down over 400/.   Mueller report waiting/ apprehension  has not helped either.
BA still being hit with bad news  down over 10 today.

Friday was not a good day for me - retreating back to a defensive position

Garry k wrote:
I am mostly out of the market atgain

anticipating another correction

Not so sure about a correction but there is plenty of churn right now and that can sideswipe solid stocks.
Certainly risk is high.

Guys like you and I don't really have much sway, it's the big money players and most of them are using computerized buying and selling. Stuff is getting whipsawed around, starts to go down and it plummets, hits buy points and shoots up again.
Planning on a bit of remodeling and renting a room this year, vacancy rates here are at 1% and it would be a smart way to re-allocate investment. Prefer living alone and having the space but I will adapt.

It appears trade wars are not so "easy to win" after all. The Boeing fiasco may or may not have had anything to do with China's recent negotiations with Airbus for 300 planes but it certainly is not good news in these parts. I also suspect Brazilian farmers will be planting lots of soybeans now that they've made connections with a major purchaser/consumer. Years to come may be tough for US farmers.

So you could be correct. At least the Fed eased up for now.

Tony From Syracuse wrote:
I am loving whats been going on. I lost 4000 a few months ago but I made that back and more since. I never panic and get out. I just ride it out.

In the long run that has been the best strategy

( with the right investments of course )