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I discovered some uninvested cash in an IRA account and am looking for something new to buy.
https://finance.yahoo.com/quote/MAIN?ql=1&p=MAIN looks interesting.
Short canadian housing related stocks. U can do this by shorting canadian banks.
a volatile market is mostly determined by algos.
Never owned Facebook stock. I avoid internet companies because my life is already too affected by living near them.
GRMA being the way you text 'thank you' in Irish Gaelic. Thank you is actually 'go raibh maith agat' (may there be good on you) but it's just too long to text.
I need another stock tip
mell saysThis could turn into a bear market. Hard to hold any gains for most stocks as a volatile market is mostly determined by algos. Still it may be a temporary one only. Tech is def. on the decline and so was biotech the past days. Tough environment right now, but if you believe in value stocks you can make a few steals and hold on.
1/26/18 26,616
3/27/18 23,708
10% correction- 23,954
20% correction- 21,292
Trump took office the stock market was at 19,827, so we’re still up 20% after 14 months of the Trump presidency. And what with his huge tax cuts and all the regulations he’s rolled back, and all the jobs he’s brought back home and created, we have to be on the verge of another Great Bull Market like the Obama years, no?
These days I still research every stock I buy, when QE was announced I took 50k and bought the same day a basket of stocks without a single iota of research.
mell saysa volatile market is mostly determined by algos.
Yeah, not true. Volatility is a manifestation of human fear and the resulting breakdown of algo supported levels as they attempt to provide liquidity into an overflow of volume.
That fear is executed and perhaps exacerbated by algos, sure.
mell saysThese days I still research every stock I buy, when QE was announced I took 50k and bought the same day a basket of stocks without a single iota of research.
What as it?
errc saysmell saysThis could turn into a bear market. Hard to hold any gains for most stocks as a volatile market is mostly determined by algos. Still it may be a temporary one only. Tech is def. on the decline and so was biotech the past days. Tough environment right now, but if you believe in value stocks you can make a few steals and hold on.
1/26/18 26,616
3/27/18 23,708
10% correction- 23,954
20% correction- 21,292
Trump took office the stock market was at 19,827, so we’re still up 20% after 14 months of the Trump presidency. And what with his huge tax cuts and all the regulations he’s rolled back, and all the jobs he’s brought back home and created, we have to be on the verge of another Great Bull Market like the Obama years, no?
Make no mistake Obummers bazooka - QE - was much ...
* obvious business that I can understand
* profitable
* low p/e (under 20)
* growing
* dividend
* less than $10B market cap
Running stock screeners doesn't find anything that fits all my preferences, but they are not hard requirements. I made good money so far on VCEL (thanks @mell ) and would like to have another one like that.