Friday ain't the day to pussyfoot around in the market. Especially the last Friday of the month. Take your profit and don't get stuck holding the bag.
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
I'm not making any more moves until the 1st of the month. Natural barrier to stupidity for me, personally
... Does the fact that the quarter is ending come into play as well, volatility wise?I'm gonna sit this one out, drink a beer and watch the kids play in the pool
If your strategy is waiting for ppl to predicts a stock performance you will lose way more than you gain.
Pump and dump...that's the nature of small cap stocks.... Different indicators can help identify movement, volume, and trends. Setting a SL and/or scaling out of positions can help you secure profits.
Due Diligence regarding the company can help you prevent from holding the bag.
Play the chart. Don't fall in love w/ the stock.
Otherwise, invest in large and mid caps.
Penny stocks is like parkin lot pimpin when the club let out.
Large cap investing is like meeting a chick on EHarmony and wanting to meet her Mother.
Expand on sources to review and research. Key metrics to decide and etc. My apprehension is all about doubts and not knowing enough. I'll jump at some point. Good looks.
I look at Market Cap, Float, Cash on Hand, 52 Week Low and High, current volume, whether there's a catalyst, and of course the sector. FDA approvals don't mean shit. Contracts, beating earnings significantly, and the way that traders react to news can send a stock flying....or tanking.
Thanks for the breakdown!!! LOL
CHMA is the perfect example of an FDA approval not always being a good catalyst. It popped and then fizzled out.
What info, inside trading?
Because nobody really know how the market will go. Seeking spoon fed info will eventually mislead you. That type of approach isn't for the long run.
CBLI was a nice come up too. I'm looking at action going into AH in order to get some ideas for Monday.
In general, I only try to trade stocks in an uptrend with the price above the 200 SMA. For breakouts I look for ones where the 50 SMA is just below the 200 SMA so a cross is happening soon which usually leads to some sort of breakout.
Still in a few long plays going into next week. I've been using 2 strategies: Playing bounces off of support to resistance and tracking potential breakouts. Been kinda shitting the bed on both. I'm finding the right stocks but I either am jumping into trades too early before i get a confirmation signal or not being patient enough as the stock works back up to resistance and selling beforehand to get into something else. I feel like I missed the jump or will get caught holding a bag. Case in point I had VXRT on my watch list as a potential breakout at resistance around $2.80. It then jumped to 3.20ish. Instead of taking that as the confirmation signal i thought I missed the opportunity. Obviously I was wrong and it jumped up 2 more days (It could still go up next week). There are a lot of false breakouts that jump up and then right back into range so its a tough nut to crack. These things can just take off sometimes while you are left watching and its hard to tell how far they will go.
The Support and Resistance strategy has worked better for me but the last few days of bad markets meant a lot of stocks sank briefly below support. So I could have gotten a better deal if I waited (Fucking PM) or I jumped out of trades too early leaving profit on the table once I saw a positive spike. Right now my support and resistance stocks are VBIV (I've done this a few times, it dips from $3.30 down to $2.40ish sometimes and then goes back up.) I've made money each time but i jumped out yesterday and it went to $3.40 today. I had two times to get it at its high and missed both. I will grab this again though as it drops on the pullback and learn from my mistakes. My others in this kind of setup are TORC and SELB. TORC is moving in AH and is a potential breakout or it might drop again once it hits resistance. SELB is one that requires patience so I'm gonna just let it do its thing and not mess with my conditional selling orders like I did with VBIV.
MARK, ALSK and ZVO are my breakout plays. MARK looks prime for another breakout based on the consolidation on the chart and the pending ER so I'll hold and see what happens there but I don't like the lack of range it has for support and resistance moves. Also, everyone who has this stock seems to hate it and now I know why haha. ZVO and ALSK were false breakouts this week and just bounced off support so should be heading back up.
Next month I am going to be much stricter about the setups I get into only picking the best ones and increasing my max price to $10. I am planning to focus on just using RSI to find oversold stocks with momentum and a good trading range and ride that back to overbought. Rinse and repeat.
Still in a few long plays going into next week. I've been using 2 strategies: Playing bounces off of support to resistance and tracking potential breakouts. Been kinda shitting the bed on both. I'm finding the right stocks but I either am jumping into trades too early before i get a confirmation signal or not being patient enough as the stock works back up to resistance and selling beforehand to get into something else. I feel like I missed the jump or will get caught holding a bag. Case in point I had VXRT on my watch list as a potential breakout at resistance around $2.80. It then jumped to 3.20ish. Instead of taking that as the confirmation signal i thought I missed the opportunity. Obviously I was wrong and it jumped up 2 more days (It could still go up next week). There are a lot of false breakouts that jump up and then right back into range so its a tough nut to crack. These things can just take off sometimes while you are left watching and its hard to tell how far they will go.
The Support and Resistance strategy has worked better for me but the last few days of bad markets meant a lot of stocks sank briefly below support. So I could have gotten a better deal if I waited (Fucking PM) or I jumped out of trades too early leaving profit on the table once I saw a positive spike. Right now my support and resistance stocks are VBIV (I've done this a few times, it dips from $3.30 down to $2.40ish sometimes and then goes back up.) I've made money each time but i jumped out yesterday and it went to $3.40 today. I had two times to get it at its high and missed both. I will grab this again though as it drops on the pullback and learn from my mistakes. My others in this kind of setup are TORC and SELB. TORC is moving in AH and is a potential breakout or it might drop again once it hits resistance. SELB is one that requires patience so I'm gonna just let it do its thing and not mess with my conditional selling orders like I did with VBIV.
MARK, ALSK and ZVO are my breakout plays. MARK looks prime for another breakout based on the consolidation on the chart and the pending ER so I'll hold and see what happens there but I don't like the lack of range it has for support and resistance moves. Also, everyone who has this stock seems to hate it and now I know why haha. ZVO and ALSK were false breakouts this week and just bounced off support so should be heading back up.
Next month I am going to be much stricter about the setups I get into only picking the best ones and increasing my max price to $10. I am planning to focus on just using RSI to find oversold stocks with momentum and a good trading range and ride that back to overbought. Rinse and repeat.
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Medical/Healthcare probably. TDOC, JNJ, MRNA, AZN
Unless something else has momentum going into 6am in premarket I'm starting my day in VXRT with a PT of 13.25+
COTY bought stake in the Kardashian brand for 200 mil. Should see a big spike today.
Dam...Yeezy w/ GAP and now this deal w/ COTY. Them mofos is bankin....
Dam...Yeezy w/ GAP and now this deal w/ COTY. Them mofos is bankin....
CLSK up 25% (for now)
COTY hasn't did shit yet. Still holding on to that and IBIO looking for a reversal today.
CLSK is volatile like a mofo. It's a nice comeup if it can shoot back up to $5.
I'm about to add a bond fund to my IRA this month (BNDW), but that's all I got. From what I've researched, they seem good for stability, but don't offer much of a return once you factor in inflation over the long run. BUT it really depends on your age and strategy. I have heard that the big dogs/fund managers like to move stock profits to bonds when there's volatility, in order to have the funds to buy back into stocks when they get low.. Was considering doing something similar, until I realized that my CapitalOne Performance Savings Account gets a higher yield than most bonds right now
I think they make more sense if you're closer to retirement age or actually in retirement to generate income from your principle. My unprofessional 0.02.
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Thanks.....I'm about to add a bond fund to my IRA this month (BNDW), but that's all I got. From what I've researched, they seem good for stability, but don't offer much of a return once you factor in inflation over the long run. BUT it really depends on your age and strategy. I have heard that the big dogs/fund managers like to move stock profits to bonds when there's volatility, in order to have the funds to buy back into stocks when they get low.. Was considering doing something similar, until I realized that my CapitalOne Performance Savings Account gets about a higher yield than most bonds right now
I think they make more sense if you're closer to retirement age or actually in retirement to generate income from your principle. My unprofessional 0.02.
I'm about to add a bond fund to my IRA this month (BNDW), but that's all I got. From what I've researched, they seem good for stability, but don't offer much of a return once you factor in inflation over the long run. BUT it really depends on your age and strategy. I have heard that the big dogs/fund managers like to move stock profits to bonds when there's volatility, in order to have the funds to buy back into stocks when they get low.. Was considering doing something similar, until I realized that my CapitalOne Performance Savings Account gets a higher yield than most bonds right now
I think they make more sense if you're closer to retirement age or actually in retirement to generate income from your principle. My unprofessional 0.02.
Used to invest more in CSBs (Canada Savings Bonds) and GICs when returns were better.Got some nice returns when cashing out some bonds just over 10 years ago (10% or more).
Enjoyed the GICs more when they would have those returns of 2.5 - 5 - 7 or 7.5% over the course of 3 years.
I've asked my dad and now-late grandma how good their returns were decades back, and they said they got some great ones. Returns of 7, 10, 12, and even up to 19%.
About 10%-15% of my portfolio is in bonds through my 401k, Target Date Retirement fund (IRA) and in my brokerage account. Its an offset so you're not completely 100% at risk with all stocks. I generally adjust my 401k contributions to equal the % breakdown that's in the target date fund and then rebalance probably once or twice a year or so as needed to keep the appropriate balance. In my brokerage account I buy 1 Total Bond Market ETF for every 4 Total Stock market ETFS i pick up. You get some dividends out of them but i normally just reinvest those.
Thanks for the insight.
I'd think that would be too conservative using those metrics but depends on your risk tolerance. A person in their 30s has so much room to recover from market downturns that they would trade security for large growth right when their earnings should be increasing. To me 90/10 or even 95/5 for anyone under 40 would be fine. 80/20 is solid in your 40s to early 50s and then taper down. I wouldnt think of 60/40 stocks to bonds until I was getting really close to retirement maybe within 10 years to lock in most of your gains.
Right on. I was really late to the game (currently in my early 40s) so even I won't go over more than 10% bonds right now. Everyone's situation is a little bit different. Not to mention their goals.
..also @DC_Dude, if you're looking at funds (mutual, Index, etfs) the expense fees are VERY important. They seem minuscule, but they really, really add up. Look for as low as possible. It's hard to do within a 401k that you get through the job because there may be a limited amount of funds made available to you. But within an IRA you have almost unlimited choices. That's why most folks go Vanguard index funds or ETFs.
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