Stock Market is the bottom in?

[Foggy47]

I've been wanting to get back into Visa or Mastercard. V is down in the lower half of it's range. I flung a chunk of stink bait out there today to see if I could catch some. Being on the brink of the next major hit to the currency, I thought payment processors would be a logical place to scoop up as much of that new currency as possible.

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With all the trading you do......you must have a horrible short term capital gains issue. no?

 

[SD51555]

With all the trading you do......you must have a horrible short term capital gains issue. no?

No. Most of this is done in my Roth and HSA.


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[BuckSutherland]

I pay attention to the fear and greed index. Here is where its at today.


Back around April 7th it bottomed out at 3%. That was the day to buy. I wonder if the market makers wont keep taking this thing down until the end of November. I sold some stock in SEPT expecting a pulldown and that was a mistake. The pulldown has been happening in November instead. Like a complete idiot I have bought stock in November only to watch it all go down. Moron. I still have lots of cash to deploy. If fear and greed goes under 5% I'm likely gonna do some buying to average down on some of my dog shit.....

I'm interested in NBIS but need to learn a lot more.

 

[bwoods11]

I’m a fan of UAN. Fertilizer, there’s been a lot of world events creating an overall shortage . They will pay out around 14-18% in distributions in 2026 .

This stock has been a winner for me, with around 500 shares .

If it pays out $16 which it should , that’s $8000 in new shares … or 81 new shares at the current price (reinvested).

Theres a guy I know that has 10,000 shares . A few yrs back it paid out $25 in distributions so he pocketed a cool 250k that yr!

The 1 yr return on UAN as of yesterday, was 37%.

 

[hunts_with_stick]

I just bought some more visa today as well.

 

[hunts_with_stick]

I have some uan as well

 

[SD51555]

With all the trading you do......you must have a horrible short term capital gains issue. no?

The excessive transactions problem has been handled in recent years. So long as it's all in just a few brokerages, you can aggregate all your short term transactions into one entry as a total proceeds vs total basis. Same with long term. i'll probably still have 30+ transactions to deal with from my taxable account, but I quit in that one earlier in the year when VLO took off and it wasn't tradable anymore.

 

[SD51555]

I got out of my PLTR put without much problem thankfully. I redeployed that $$ into some puts on CDE and NEM. I have/had 100 shares of NEM, but it looks like I could lose them this week if they stay above $85. So I jumped the gun and sold an $85 put for December 5th to try to get them back. That put paid $2.83/share, so if I get them back, I'd get them back at an improved entry of $85-$2.83=$82.17

I've also quit throwing money into precious metals at the moment. I'm about as saturated there as I want to be. So I started trying some new places to put cash while more ideas come around. One is PRU, and the other is ET.



I've always liked pipelines. They're about as exciting as hay, but they pay.

 

[hunts_with_stick]

I bought some PRU the other week as well. I am thinking about buying COIN again after selling it a couple months ago. It is down quite a bit, they announced they are moving to tx from de, so that should help them as well

 

[jsasker007]

MSTR is at the lowest price I've seen it in years. Don't know why it's low but I bought some in hopes that they rebound. Getting difficult to find something to invest in lately for me.

 

[bwoods11]

My wife loves shopping at TJ Maxx, Marshalls, Home Goods …I did some research and thought the stock looked attractive at $70 a share. Bought 30 shares. I know not many .. but it’s doubled now to $146 !

TJX

Not recommending it, but it’s a solid retail stock !

 

[SD51555]

TGT has been halved too. Lots price drops out there, but I don’t know who’s left to shop at Target. They are not in good shape with their chief demos.


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[Foggy47]

TGT has been halved too. Lots price drops out there, but I don’t know who’s left to shop at Target. They are not in good shape with their chief demos.


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Not many good stores to shop are left. Penny's, Sears, Herbergers, and many more are gone or diminished. Kohls sounds shaky too. Seems that on-line shopping has eaten most of the competition in the clothing world. Still, noting remains the same. One day Amazon will be outdone by someone new (or will they?). We buy so much from Amazon these days. Kinda scary....as they know more what I want than I do.....and they always are suggesting some neat new stuff. lol

 

[Bowsnbucks]

because Republicans won't raise my taxes to pay for their subsidies??

They didn't have to raise them - just renew what was already in place. Once the crowds pf people lose their ACA insurance, due to now-raising premiums they can't afford, someone will have to foot the bill (all of us look in the mirror here) by raising our healthcare premiums. This - raising our healthcare premiums to pay for uninsured Americans - has been going on for years now. Call it taxes, call it jacked-up premiums, call it a fudge sundae ..... it has been, and will continue to be - money out of our pockets. Doctors & hospitals aren't going to treat for free - so step right up to pay more for uninsured others ...... any name you want to give it.

Good thing someone gave about $$$ 4 trillion in tax breaks to the billionaires, so they don't suffer too much. Hate to see them lose their medical insurance, yachts, multiple homes, private jets, helicopters, submarines & underground bunkers (yes - for real) - or have to eat less than 5-star restaurant faire.

This will only get much worse as AI eliminates millions of white-collar jobs - which, according to multiple CEO's in various industries, are target #1. Even the CEO of Ford said a day or 2 ago, that millions of white-collar folks will be left behind due to AI. These billionaire CEO types are hailed as being "brilliant", right? Soooo .... are they wrong? Full of sh--? Numerous big bank CEO's, investment heads, economists, and Wall Street folks are saying they're anticipating a big selloff in the stock market, tech bubble bursting, AI eliminating millions of jobs, etc. Sounds like more millions might be on the "I lost my medical insurance" train. Swell times. Rosey, I'd say.