Stock Market is the bottom in?

[35-acre]

I've never chased the dividends and I'm no expert. What I have seen is that the typical growth funds are taking a beating on performance right now because they generally depend on the economy to grow. I saw a thing recently about "hard assets" being something that did well during the Carter administration economy (metals and some key services; ie. Telecoms would be likely be doing well too). I don't know if this is all true and for how long those will continue to perform. I'm no day trader but I did flag a few things on Monday and those are up and covering losses from things I already had (and we know Monday was a crazy day).

To me, choosing where to invest at this point in time is more about:
What things will recover when the pandemic is 'over'?
What will be crucial if some type of war breaks out (war is good for the economy. Reagan showed this with Lybia after the Carter administration - I believe)

There's no crystal ball, but those are things that I'm focused on right now for shorter term gains (1-2 years).

I also think that the 10% depreciation rule is out the proverbial window (that rule of thumb is, if your investment drops 10% it's time to think about getting rid of it as a loser). Given the ups and downs coupled with the actions the fed is likely to take this year in an attempt to stem inflation on ordinary goods and services, there is likely the ability for things to turn around in the longer term (I guess that's my optimistic side showing through).

 

[Telemark]

Have not heard much about anyone here buying stocks for the dividends. Some lure you to buy because they pay a good dividend but the stock doesn't do to well so you slowly go backwards. Some are a solid stock that also pays dividends. I'm looking hard at IBM and AT&T. Right now I have both and will probably increase shares in both. INTC(intel) is the other sleeping giant that has my attention.

I would have a closer look at AT&T. Price has been dropping for years, and they are about to cut their dividend. Might be wise to wait till the dust settles.

 

[Angus 1895]

Just went into Albert sons today.

No one manning the deli, screwy memberships, odd ball service.

reducing my position………..looking at tractor supply thanks

 

[jsasker007]

I would have a closer look at AT&T. Price has been dropping for years, and they are about to cut their dividend. Might be wise to wait till the dust settles.

Didn't know they were stopping the dividend. Do you know if that's etched in stone?

 

[bueller]

Get in the gaming stocks before it's too late. I'm already heavy and admittedly have taken a big hit as of late but I sold some other stocks yesterday to get more DKNG and RSI for the ride back up.

 

[bueller]

Also got back into AXON after selling high a few months ago. In the year or so that I've watched this one it has closely tracked the Nasdaq which is prime for a rebound IMO.

 

[Jerry-B-WI]

Didn't know they were stopping the dividend. Do you know if that's etched in stone?

Don't own it anymore but still follow it. They've been talking about cutting the dividend for some time now, ever since they sold off DirectTV.

 

[Jerry-B-WI]

Just went into Albert sons today.

No one manning the deli, screwy memberships, odd ball service.

reducing my position………..looking at tractor supply thanks

You're letting your emotions choose investments, and that can be a bad thing.

 

[Angus 1895]

Albertsons dropped 4%

tractor supply went up 2%

I am gonna have to wait for ACI to go back up.

it’s not emotion, it’s just checking out the store/ business I invest in.

I kinda think tractor supply is poorly run also……..

I like Murdoch and fleet farm.

Hy V is my favorite …….or piggly wiggly for groceries

 

[swat1018]

Albertsons dropped 4%

tractor supply went up 2%

I am gonna have to wait for ACI to go back up.

it’s not emotion, it’s just checking out the store/ business I invest in.

I kinda think tractor supply is poorly run also……..

I like Murdoch and fleet farm.

Hy V is my favorite …….or piggly wiggly for groceries

My wife goes to Hy V when we're at the farm, it's our favorite grocery.

 

[Angus 1895]

It’s not publik traded

 

[yoderjac]

Albertsons dropped 4%

tractor supply went up 2%

I am gonna have to wait for ACI to go back up.

it’s not emotion, it’s just checking out the store/ business I invest in.

I kinda think tractor supply is poorly run also……..

I like Murdoch and fleet farm.

Hy V is my favorite …….or piggly wiggly for groceries

Hy V, that's who catered my weding...

 

[Mortenson]

Hy V is nice but it's SO expensive. Same box of crackers cost double there what it costs at wally world. I only hit HyV when I need something fancy or better meat/fish.

 

[Hoytvectrix]

I try to support employee-owned stores as much as possible. Probably some bias on my part, but it seems like you get overall better customer service at stores like Hy-Vee or Scheels. I'm willing to pay a premium for better service and companies that have a vested interest in supporting the local economy.

 

[Telemark]

Didn't know they were stopping the dividend. Do you know if that's etched in stone?

Not stopping it, but reducing it significantly. They are also divesting/reorganizing/etc. I'm not saying don't buy it. I'm actually very interested in it, but I'm not sure about the timing. There is a lot going on with the company, and I haven't had time to unpack it all.

 

[jsasker007]

Not stopping it, but reducing it significantly. They are also divesting/reorganizing/etc. I'm not saying don't buy it. I'm actually very interested in it, but I'm not sure about the timing. There is a lot going on with the company, and I haven't had time to unpack it all.

I'm riding it for awhile with the 5g rollout. Hopeful

 

[bwoods11]

I sold my Pfizer stock which I have owned since 2019, had a good run but it was time. I see problems with the vaccine companies once these lawsuit protections run out. I just don't want any part of it. I feel there has been some major dishonesty with this company, Bye-bye.

Bought Abbvie and that has a 4% dividend and it's up about $10 since I bought it.

 

[SD51555]

I sold my Pfizer stock which I have owned since 2019, had a good run but it was time. I see problems with the vaccine companies once these lawsuit protections run out. I just don't want any part of it. I feel there has been some major dishonesty with this company, Bye-bye.

Bought Abbvie and that has a 4% dividend and it's up about $10 since I bought it.

I had it for years as well. I also dumped it when it became clear what was going on. They are not immune from all prosecution, it's just having to pay for anyone injured or killed by the jab. I could very well see them getting hauled into court for falsifying data, breaking trial protocols, refusing to comply with court orders, bribes, racketeering, fraud, and more. That would be a just world. Frankly, I think everyone running this thing is operating with a guaranteed pardon from Biden. As long as they can keep him on life support, they can ring as much outta this as possible.

Along that same line of reasoning, I got rid of Merck and Gilead too. I don't own any pharma, healthcare, or biotechnology of any kind. I think that whole thing is going to come crashing down in the aftermath of the rona.

 

[jsasker007]

The flip side of the pharma crap is that I think REGENERON is a solid company worth looking at. When Trump had the bug, he said they gave him Regeneron and it worked great! He wanted all the people to be able to have access to that drug that worked. That's when the government decided they would stop anyone from speaking about that company.

 

[Angus 1895]

I still got Pfizer it’s sure dropping lately.

Cramer says Abbvie always hiccups after earnings

Event​

Pfizer Inc Enters Wave 3 of Elliott Wave Cycle​

01/27/2022
Recognia has detected that Pfizer Inc (PFE on NYSE) has entered Wave 3 of its Elliott Wave cycle. This bullish signal indicates that the price may rise from the previous close of 53.37 to the next Elliott Wave target price of 70.58.
Wave 3 of the Elliott Wave cycle is the third and typically the most powerful move in the five wave trend. This move is in the direction of the overall market trend (either bullish or bearish). By definition, Wave 3 cannot be the shortest of the three impulsive waves and should as a rule have greater volume then either Wave 1 or 2. For stocks, Wave 3 is usually the longest and most trade-able wave in the Elliott Wave cycle. The Wave 3 target price is determined using Fibonacci ratios and should typically be 1.618 or more times the movement of Wave 1.