Stock Market is the bottom in?

[Angus 1895]

On Friday I sold cvs, tsc, Zoetis, zoom, Sofi

Bought Nvda, fastly, micron, vertiv, royal carribien

Short term I think it is losing. But we will see,

GE vernova is on fire!

 

[Telemark]

He is trading on FOREX, not trading futures. He didn't make quite what I thought he did, but he did really well and is looking for a beach front condo and a Lambo Urus. Said that would take about 1/5 of what he made. I watched him make $25K in just over 2 minutes last night. I need to work with him more to get a better understanding of what he is doing so I can retire soon.

I've been interested in forex. I've seen a few guys follow the same currency pair for decades and recognize all the patterns. Like printing money.

So he was trading currency based on oil prices? What is his strategy?

Momentum trading has been rather poor the last couple months, and I don't mind spending my work day learning something new. Would be nice to at least know where to start.

 

[Telemark]

Anyone selling and waiting for this slump to end?

I don't sell in dips. I but on the way down and the way back up. I'm only buying now. I got some more AMZN and TSLA. I have a little cash left in case we dip further, but I'm not liquidating anything now.

 

[Kdog]

I've been interested in forex. I've seen a few guys follow the same currency pair for decades and recognize all the patterns. Like printing money.

So he was trading currency based on oil prices? What is his strategy?

Momentum trading has been rather poor the last couple months, and I don't mind spending my work day learning something new. Would be nice to at least know where to start.

I will fill you in when I figure it out and get confident in it.

 

[Telemark]

Excellent. Thanks.

 

[SD51555]

Anyone selling and waiting for this slump to end?

Sell? Now is the time to buy. Whatever the crowd is doing, just do the opposite. Silver has been cut in half, gold down bigly too, PRU, GIS also down big and paying rock steady dividend at or above 6%. It seems oil is about $75/barrel cheaper here vs the Middle East and Asia. That’s a first for me.

Everyone betting on peace in the Middle East is about to get a lesson in advanced game theory. Sometimes you have to attack your allies or yourself and blame it on your enemies to get everyone to do what you want.


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[Telemark]

It seems oil is about $75/barrel cheaper here vs the Middle East and Asia. That’s a first for me.

The president can limit exports. I think Obama made it that way. Trump can theoretically cap American oil at $100 while the rest of the world zooms past $200. I'm keeping 50k in cash in case something like that happens and tanks global markets.

 

[Brian662]

Drain the swamp LOL

 

[Brian662]

 

[bigboreblr]

Bought EWY and VXUS during the dip. Bought Itrades Silver today. Jimmy buffet said gold was for investing and silver for trading. So, I bought the silver that dipped more than gold. I did put more in CEF. Also, scooped up a little softbank. They got a huge project in ohio. See if it's boom or bust.

Doing homework on nuclear. I got 2 ETF's that have good exposure to Cameco. Westinghouse is a big player in nuclear still. Big overhead, big planning and big regulation with nuclear doesn't align with small output plants, atleast in the USA. Westinghouse nuke is owned by cameco and brookfield. I think babcock and wilcox still have a good stake in nuclear apparatus. Heat exchangers, pumps, instruments, etc...

Still think caterpillar and GE verona are still good players.

That sprott gold n silver CEF is a trust? Thinking that may be a long long term keeper. Not sure what that means tax wise.