Stock Market is the bottom in?

[Angus 1895]

I've been riding ASTS, SATS and TLRY lately. TLRY is the one that's really gonna pop off once they start getting a little more traction in my opinion. ASTS & SATS are competing with each other but sounds like there's plenty of room for both so for now I'm holding both but way heavier on ASTS.

Village Farms has done very well 4 me.

 

[Angus 1895]

Kratos has been moving up rather well.

Navitas has also.

 

[PatinPA]

I started selling some stuff that's ridiculously high. I feel like a pullback is coming.

 

[KY wild]

QBTS has been blowing up this week. I haven't researched why the move up, anyone know? Buy, sell or hold?

 

[jsasker007]

QBTS has been blowing up this week. I haven't researched why the move up, anyone know? Buy, sell or hold?

I'm honestly in disbelief that the quantum stuff is still flying off the shelves. My opinion is that it's mostly hype driving quantum up currently and will be years before it's actually being used effectively. QBTS is the one that is barely qualified to compete with other quantum companies but I believe the name of the company is what everyone is buying. IONQ might be the best legitimate quantum company to invest in long term but in today's market the facts and real world numbers don't seem to mean a damn thing. Throw logic out the window and buy what's popular I guess. jmho

 

[jsasker007]

My advice is coming from a guy who's been playing the market like he's deep in the hole with loan sharks and has a week to come up with the money so take it however. Just another free opinion that's worth every penny you paid for it.

 

[hunts_with_stick]

Rising tides floats all boats

 

[PatinPA]

QBTS has been blowing up this week. I haven't researched why the move up, anyone know? Buy, sell or hold?

Ya it has. I'm in at $7.20 (smile) So has Rigetti Computing RGTI. It's up 20% in the last two days.

 

[jsasker007]

Rising tides floats all boats

Lotta those boats aren't built to handle the big waves.

 

[PatinPA]

I'm honestly in disbelief that the quantum stuff is still flying off the shelves. My opinion is that it's mostly hype driving quantum up currently and will be years before it's actually being used effectively. QBTS is the one that is barely qualified to compete with other quantum companies but I believe the name of the company is what everyone is buying. IONQ might be the best legitimate quantum company to invest in long term but in today's market the facts and real world numbers don't seem to mean a damn thing. Throw logic out the window and buy what's popular I guess. jmho

I think that has a lot to do with it. Anything with AI or quantum in the name is flying up. People just trying to hit the next Nvidia. I'm one of them, not judging. I've also started following watching and now just getting random videos of Internet "investors" . I noticed one day that they have a tendency to all push the same stocks. Not sure if it's a conspiracy to pump up certain things or they're all just stealing their info from the same real investor. Either way I'll go along for the ride.

 

[Bowsnbucks]

Gives the lawyers plenty to do. Trust half of what you see and nothing that you hear. Now with the AI you can't even trust half of what you see.

You trust the financial industry & corporations with few or no regulatory agencies?????? Those that exist yet have no teeth anymore to protect investors at large??????

 

[jsasker007]

You trust the financial industry & corporations with few or no regulatory agencies?????? Those that exist yet have no teeth anymore to protect investors at large??????

Don't even know how this question pertains to me or my vague post that applies to everything everywhere.

 

[jsasker007]

Disclaimer: I TRUST NOTHING

 

[Hoytvectrix]

I'm curious if many here have done any benchmarking to see how their stock picking has been compared to something like a low cost total market index fund purchased at the same time?

 

[KY wild]

https://finance.yahoo.com/news/warren-buffett-bet-1m-could-151520090.html

Buffett proved index funds would out perform managed funds but that was because the managers were taking so much out of the fund as their fee. An individual could beat the index but be hard to do consistently, in my opinion.

 

[Brian662]

Index funds + the Magnificent Seven have helped me beat the actual index the past few years but not by a large margin. I'm ~60-70% diversified index and the rest is Magnificent seven.
Fees are something I'm just not willing to pay.

I am getting close enough (or have enough on the line) that I will employ a financial advisor ( fees) for the first time next year. Not looking forward to it.

 

[Turkish]

I’m in the petrochemical business and this week was especially tough. I’m starting to turn pretty pessimistic. My wife is in healthcare and has acquaintances across a pretty wide range. Getting vibes that corporate sentiment is beginning to sour. Professionals in S LA are starting to feel the pinch. Not saying the timing is perfect but I’m thinking about taking a chunk out.

Is that vague enough ?

 

[SD51555]

I’m in the petrochemical business and this week was especially tough. I’m starting to turn pretty pessimistic. My wife is in healthcare and has acquaintances across a pretty wide range. Getting vibes that corporate sentiment is beginning to sour. Professionals in S LA are starting to feel the pinch. Not saying the timing is perfect but I’m thinking about taking a chunk out.

Is that vague enough ?

Something funny is going on. VLO has just walked away and I wasn’t holding any when it happened. I had a mountain of it for $115 or so and lost it at $130, and couldn’t get it back because it just kept going.

Sent from my iPhone using Tapatalk

 

[Bowsnbucks]

Don't even know how this question pertains to me or my vague post that applies to everything everywhere.

It's regarding your post #7956 on the previous page's comments. Maybe I read your intended thought / point incorrectly. No offense intended, jsasker.

 

[Bowsnbucks]

I’m in the petrochemical business and this week was especially tough. I’m starting to turn pretty pessimistic. My wife is in healthcare and has acquaintances across a pretty wide range. Getting vibes that corporate sentiment is beginning to sour. Professionals in S LA are starting to feel the pinch. Not saying the timing is perfect but I’m thinking about taking a chunk out.

Is that vague enough ?

Same thing was expressed to us last evening by our one son, who is in marketing nationally. (Sour business sentiment, tightening budgets due to slowing economy, bad consumer sentiment/spending). Businesses are not going to keep eating tariff charges, so prices are going up. Materials that come from offshore are getting more expensive. His clients are tightening marketing & advertising = son not really happy.