Stock Market is the bottom in?

[jsasker007]

Many different ways to make or lose money in today's markets. Some buy puts or calls. I just buy the stock and if or when it goes up then decide on if I want to sell for a profit. Had some winners and had some losers. Just trying to have more winners. Nothing is a sure thing in the markets. jmo

 

[Telemark]

.as far as stock selection and trading goes. I did that for a few years.....but it requires lots of patience and watching and waiting and some training / temperament / timing. (the three T's).

As far as picking individual stocks:

Trading requires pattern recognition and experience.

Investing requires knowledge and understanding.

It took me so long to understand Palantir, but I think that company is bulletproof. I started getting into PLTR around $60, but I doubled my money quickly. (Yeah, it's way down now, but guess who's buying)

I hung onto my INTC for months with nothing really happening, then suddenly it popped by 25%.

SOFI is down again, but guess who's buying.

These are the three stocks I understand best, and I am relatively confident investing in them. I am currently working on learning about Archer Aviation and the quantum computing companies. I have no problem trading them, but I have not invested in them long-term yet. If you want to invest in companies, you need to understand them and believe in them. There are a lot of people in this thread that can help you with that, if you are interested. There is also a world of information out in the web, but there can be a lot of BS to sift through when looking for real info.

 

[Telemark]

I also remember reading about companies that left China for other Asian countries that didn't have tariffs. They never came back here because Vietnam was cheaper and had no tariffs. I think it could turn into a whack a mole thing.

Might be somewhat correct. Vietnam is taking over what it can from China. Chine is about 9x larger than Vietnam, so they can't take everything, but they didn't go through the decimation that China did during the communist times. I would guess Vietnam can absorb about 20% of the Chinese production. Unfortunately they all quit having kids here, so it will be a short-lived story.

 

[Foggy47]

As far as picking individual stocks:

Trading requires pattern recognition and experience.

Investing requires knowledge and understanding.

It took me so long to understand Palantir, but I think that company is bulletproof. I started getting into PLTR around $60, but I doubled my money quickly. (Yeah, it's way down now, but guess who's buying)

I hung onto my INTC for months with nothing really happening, then suddenly it popped by 25%.

SOFI is down again, but guess who's buying.

These are the three stocks I understand best, and I am relatively confident investing in them. I am currently working on learning about Archer Aviation and the quantum computing companies. I have no problem trading them, but I have not invested in them long-term yet. If you want to invest in companies, you need to understand them and believe in them. There are a lot of people in this thread that can help you with that, if you are interested. There is also a world of information out in the web, but there can be a lot of BS to sift through when looking for real info.

Reading about stocks on-line is about like getting your news from Yahoo. It's hard to sort the wheat from the chaff. Better understanding comes from sources like Forbes and business journals....IMO. Still that requires allot of reading on a regular basis in order to form sound ideas.....IMO.

Instead, using a good planning company puts their research team on your side for picking stocks. I currently own over 70 different stocks and another 40 or so bonds, funds, and private offerings. Of those, I think I may have two or three that have a loss at this point in time. Many of the stocks have doubled and several are up 6x to 10x what I paid for them. I have watched a few stocks lose early-on....they sold 'em to take the loss.....and bought em back again later....only to now own a long-term winner. That takes some training and temperament to execute.

 

[bwoods11]

Some major WINNING!!

 

[Foggy47]

^^. I noticed that recently Lilly is selling some of their popular drugs directly. Your doctor gives you a prescription.....and you fill it on-line direct with Lilly whom ships it via Fed Ex. Thus cutting out the local Pharmacy and distribution chains....and their costs. Is the drug biz gonna be "re-invented" to direct? I think so.

More and more you see the direct to consumer offers in so many areas. Traditional distribution chains are often too expensive to exist any more.

I find it interesting to see that so many original catalog business companies (Wards, Sears, Penny's, Herter's, Gander Mountain, Cabela's etc) grew their business' so quickly through catalog biz.....only to invest those earnings in bricks and mortar stores and employees.....and lose their edge over time.

The Amazon approach or direct marketing and shipping via warehouses is amazing. Computers, and logistics have definitely evolved.

 

[Angus 1895]

Many different ways to make or lose money in today's markets. Some buy puts or calls. I just buy the stock and if or when it goes up then decide on if I want to sell for a profit. Had some winners and had some losers. Just trying to have more winners. Nothing is a sure thing in the markets. jmo

So how far is smci going to run?

You are getting good at calling these thanks!

 

[jsasker007]

So how far is smci going to run?

You are getting good at calling these thanks!

Before the major smear campaign against them they were at over $1,200 a share. They did a 10 way split and the price went to $120. After all of the negative publicity which was false but still did major damage to the stock price and drove the price down to around $18! Now they are back in the good graces again and are connected with some huge names NVDA being one of them. I think it's not too crazy to think they can get back to the $120 per share again fairly quick. jmho

 

[Bowsnbucks]

Now we pick an allocation plan and stick to it. They seem to provide decent long-term winners and keep my taxes relatively low most of the time.

Bingo, Foggy. We do the same. We may not catch every steep uphill chart climb, but we've been "steady-Eddies" on an upward chart ..... and we sleep at night. We like our CFP.

 

[Bowsnbucks]

Buy American. Save yourself

No one answered my question above. I'll wait to see if anyone gets it correct.

Another question - who was saying "Buy American" back in the 1980's when the race offshore began? And which party fought tooth and nail to keep "country of origin" labels off finished goods? I watched all these things happen - no one can BS me on these.

 

[jsasker007]

Don't roll the dice. If you are an investor, then buy and hold companies that are good investments. Don't sell anything.

If you want to trade, then there is a lot you need to learn before you can start buying and selling.

I didn't just start yesterday. A person should continue learning as long as you live. In my opinion life is just one big learning curve. As with anything when it turns out to be successful you always wish you would have started sooner. I personally am working towards generational wealth instead of the all to common generational debt. I'm trying to build everything up to help provide for my children and their children. Might not get there but at least it gives me something to work towards for the remainder of my life however short that might be. jmho

 

[jsasker007]

No one answered my question above. I'll wait to see if anyone gets it correct.

Another question - who was saying "Buy American" back in the 1980's when the race offshore began? And which party fought tooth and nail to keep "country of origin" labels off finished goods? I watched all these things happen - no one can BS me on these.

I'll take "THE RAPIST" for $400 Alex. Not looking to debate what we were told to believe in our history of who accomplished what really. Just glad that maybe we are heading the right direction in cutting frivolous spending and getting even trade deals with the rest of the world now. We can't keep digging a bigger hole for future generations in my opinion. Nothing personal just my .02 which has little to no value.

 

[Westwind]

I'm glad I got back in SMCI!

I think that could do pretty nicely. Who knows, if once upon a time it was $122 and their business really hasn't changed...

 

[Telemark]

Reading about stocks on-line is about like getting your news from Yahoo. It's hard to sort the wheat from the chaff. Better understanding comes from sources like Forbes and business journals....IMO. Still that requires allot of reading on a regular basis in order to form sound ideas.....IMO.

What is the difference between reading "Forbes and business journals" online or reading them in print?

And to be honest, if you can't separate the wheat from the chaff, then you shouldn't be trading stocks.

Where do you, personally, expect to get good information about stocks?

 

[Telemark]

I'm glad I got back in SMCI!

I think that could do pretty nicely. Who knows, if once upon a time it was $122 and their business really hasn't changed...

Their business has changed completely.

 

[jsasker007]

Their business has changed completely.

Wasn't aware of anything changing just that they are planning to expand which usually equals more $$$. What has changed completely?

 

[H20fwler]

There is a serious risk that a downturn will not be short-lived. If we have to bring a lot of manufacturing back to the US, it will be expensive, and that means companies will have to shell out a lot of cash to build infrastructure and pay higher wages.

The weird thing is: no one actually knows how that will affect the stock market. We are already in uncharted territory. Anyone who can figure out what the heck is going on in the markets will make a fortune. So far, it has been defying history for a few years already. And the crazy thing is, there's SO MUCH CASH sitting on the sidelines waiting to be invested. It has to go somewhere, I would think.

I don't know of foreign stocks are a good long-term investment. If you know of any, I would like to hear about them. The only thing I have seen so far is possibly some Japanese companies. Europe seems to be falling apart. India is down. Vietnam is on an upswing, but volatile. China I just don't trust. Brazil seems pretty meh.

I talked with my financial advisor on Monday and he was gently pushing me towards looking into some foreign stocks but nothing in particular. Mainly because I am heavy in US stocks...but to me US is better than anything foreign even though it has been wonky lately. Like you I could maybe see some Japanese stock or some other Asian country having something...but in no way could it be better that S&P 500 or my Blue Chip Tech stock that has done so well.

I'm up 15K one day down 25K the next, today it looks good...it will smooth out. Sooner than later our stock market is going to take off again, I have faith it will push or hit 50 this year. After that I may make some adjustments.

 

[jsasker007]

I know when I first started getting involved with the markets for myself and handling every last penny on my own I would have a couple of things invested in that worked out and made me a profit. I actually had it in my head that I pretty much had the markets figured out and would be able to make easy money and would only have to work a couple more years. Then reality set in and I found out that nothing is a sure thing when it comes to the markets. NOTHING. Humbling for sure and had to happen to bring me back down to Earth. Now I just keep that in mind so I don't get so full of myself that I let it happen again. Went from rags to riches and back to rags. Learned from it and do things differently now. Sometimes you just get lucky and things work out and sometimes you have it all figured out and the plan goes to hell. Everyone is at different stages and has different needs at this exact time. Wish everyone success and good fortune but nothing is a sure thing in today's markets. Always looking to learn how to make my money into more money.

 

[jsasker007]

Anybody know what's going on with microstrategy? They have been dropping like a rock for a good week now.

 

[Jerry-B-WI]

I know when I first started getting involved with the markets for myself and handling every last penny on my own I would have a couple of things invested in that worked out and made me a profit. I actually had it in my head that I pretty much had the markets figured out and would be able to make easy money and would only have to work a couple more years. Then reality set in and I found out that nothing is a sure thing when it comes to the markets. NOTHING. Humbling for sure and had to happen to bring me back down to Earth. Now I just keep that in mind so I don't get so full of myself that I let it happen again. Went from rags to riches and back to rags. Learned from it and do things differently now. Sometimes you just get lucky and things work out and sometimes you have it all figured out and the plan goes to hell. Everyone is at different stages and has different needs at this exact time. Wish everyone success and good fortune but nothing is a sure thing in today's markets. Always looking to learn how to make my money into more money.

If you're in the market on can expect to get punched in the face once in a while. Keeping emotions out of your decisions will help.