 |
|
06-06-2022, 11:11 PM
|
#4126
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,623
|
|
|
|
|
06-07-2022, 01:40 AM
|
#4127
|
|
Registered User
Join Date: Nov 2012
Location: Bakersfield, CA
Posts: 1,791
|
Quote:
Originally Posted by PaceAdvantage
|
Basically none of those numbers add up, and it reads like an 8 year old penned it.
So I can’t say it concerns me much.
|
|
|
|
06-07-2022, 01:46 AM
|
#4128
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,623
|
So the US is in fine fettle then?
Good to know.
|
|
|
|
|
06-07-2022, 01:48 AM
|
#4129
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,623
|
When do we start paying the price for this?
|
|
|
|
|
06-07-2022, 01:50 AM
|
#4130
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,623
|
The game changed (slope of graph) after 2008...and it REALLY CHANGED in 2020...something has to give, right?
|
|
|
|
|
06-07-2022, 08:31 AM
|
#4131
|
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,757
|
out and not trading the Chinese internets, for now, some of them went up over 20% in the past 2 weeks. Too fast for me!
|
|
|
|
|
06-07-2022, 09:59 AM
|
#4132
|
|
Registered User
Join Date: Nov 2012
Location: Bakersfield, CA
Posts: 1,791
|
Quote:
Originally Posted by PaceAdvantage
When do we start paying the price for this?
|
The national debt is surely a problem (and a big one). I was just saying the article wasn’t very accurate.
I don’t know what will come of the national debt, no one in Washington seems at all serious with fixing it. I’ve lived the last few years with the attitude that we should quit worrying about it because the bankruptcy is already a foregone conclusion, we just don’t know when it will be.
The government is totally out of control in its spending. Even things like schools and police departments I don’t respect anymore because 90% of the people there treat it like a taxpayer piggy bank.
|
|
|
|
|
06-07-2022, 10:44 AM
|
#4133
|
|
Registered User
Join Date: Jan 2022
Posts: 783
|
I don't know what the overall market will do, but I can offer advice on stock trading.....
Buy companies with a solid balance sheet in sectors hit by double whammy.
If you don't know how to evaluate balance sheets, go to your library and leaf through Morningstar reports. It's easy.
Then, one sector I would advise now is retail. Profits are squeezed due to supply chain issues. So, not only are their profits shrinking, but their P/E ratios are taking a beating. These are temporary. Plus, in general, stocks of reliable companies offer a very good inflation hedge.
|
|
|
|
|
06-07-2022, 11:31 AM
|
#4134
|
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,757
|
Quote:
Originally Posted by lamboguy
this stock is still bumping up against the resistance.
LION ONE mining, just reported a great report from one of its holes that only went down 500 meters. usually you have to go down 2000 meters to get the mother load result
|
lION ONE turns out to be quite a timely pump. stock up 20% today and i am now out looking for other things.
|
|
|
|
|
06-07-2022, 11:33 AM
|
#4135
|
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,757
|
i have been trying to get in on AQUA today, this is one tough market maker. he is giving me 20 shares at a time!
|
|
|
|
|
06-07-2022, 11:59 AM
|
#4136
|
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,757
|
Interactive Brokers
they offer you fills at midprice somewhere between the bid and ask with a cap on price, not bad. if you are going long they are great, but when you short they are not as good as other brokers that have more availability of shortable shares. they are trying to improve though. they are paying their customers for permission to borrow the shares they have in their accounts. i do that with my gold miners because i never trade them.
|
|
|
|
|
06-07-2022, 03:01 PM
|
#4137
|
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,757
|
AQUA
if this thing is any good, the time to play it is now before the end of the day. i am holding overnight.
i caught a small up day in it almost at the bottom, but on very low volume so far. so the jury still out on this one.
|
|
|
|
|
06-07-2022, 03:03 PM
|
#4138
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,623
|
Was there good news today?
Target's profit warning = bad news
Fed GDP tracker shows economy on brink of recession = bad news
World Bank slashes global growth forecast to 2.9%, warns of 1970s-style stagflation = bad news
Yet the market has done nothing but go up since it opened @ 9:30 this morning.... 
This is why I trade and go home flat every afternoon.
|
|
|
|
|
06-07-2022, 03:20 PM
|
#4139
|
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,757
|
Quote:
Originally Posted by PaceAdvantage
Was there good news today?
Target's profit warning = bad news
Fed GDP tracker shows economy on brink of recession = bad news
World Bank slashes global growth forecast to 2.9%, warns of 1970s-style stagflation = bad news
Yet the market has done nothing but go up since it opened @ 9:30 this morning....
This is why I trade and go home flat every afternoon. |
honest to god, you got it right! all i ever hear pounded down my throat is that people that hold onto stocks will always make money and the ones that are daytraders go bust. i am seeing the exact opposite. i hate to tell you how many sharp young traders i have come in contact with in the past 3 years that started with bankrolls of $3000 or less that are no millionaires trading during the day and going to bed with nothing at risk. some of them only trade 3 hours a day too!
|
|
|
|
|
06-07-2022, 03:35 PM
|
#4140
|
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,623
|
Quote:
Originally Posted by lamboguy
honest to god, you got it right! all i ever hear pounded down my throat is that people that hold onto stocks will always make money and the ones that are daytraders go bust. i am seeing the exact opposite. i hate to tell you how many sharp young traders i have come in contact with in the past 3 years that started with bankrolls of $3000 or less that are no millionaires trading during the day and going to bed with nothing at risk. some of them only trade 3 hours a day too!
|
The last 3 years were easy.
Ask them how they've been doing the past 3 months...lol
|
|
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|
@
