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Stock Thread 2018

Ohhh a 3% day, that's pretty good. Must be some specific news out there driving it, off to the googles..
 
byke said:
Hm, looks like a big emo nothing burger.
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That's my take too. Bought some stuff back near close of trading today that I'd sold on Friday. Schwab gave me a bunch of free trades a while back so I've been playing with the peaks and dips. It's in an IRA so the tax issues don't matter.
 
Getting hammered in cannabis stocks, just absolutely hammered. Hope things turn around with the Farm Bill and when retail begins in Canada.
 
Thought I'd dredge up People's angst about the markets. How 'bout those markets eh?


Bought some J&J a couple months ago as a "super safe" stock for my 401k rollover....down 10% today due to news of asbestos in baby powder. Too late for me to sell, we shall see if the hazard equals or exceeds the hype.
 
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I've been told the only 'safe' way to invest in the stock market is to put it in at constant intervals and don't look at it for 10+ years!
 
Safest thing to do is bury your head in the sand and don't look back. Or throw down your bet and hold your nose.
 
Cali said:
Last two months have sucked...
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No, no, no, they've been awesome. Only ~20 percent more to fall and the market will be reasonably valued again. Unfortunately, I fear the Fed is going to succumb to pressure and keep interest rates lower than they should for a while yet, so the market's likely to remain overvalued until we have a real economic shock.
 
Market troubles have nothing at all to do with the potential partial government shutdown and everything to do with the end of cheap money coupled with valuations that got ridiculously ahead of themselves. Listening to all these self serving market prognosticators talk about all these other things supposedly driving the market down is laughable. As expected the 'tradeable bottom' talk is now all the rage. Anything to keep the individual investor trading and propping up this bubble market.
 
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