The Official Stock Market Thread - Page 42

finfangfan · 02-23-2021, 10:28 AM

Now I’m only down .68% in my trading account on the day. Was down 3%+ at one point.

monkeymcgee · 02-23-2021, 10:30 AM

Quote:

Originally Posted by finfangfan

Now I’m only down .68% in my trading account on the day. Was down 3%+ at one point.

Nice pivoting! I'm still down 2-4% in my accounts, but much better than an hour ago

finfangfan · 02-23-2021, 10:52 AM

Quote:

Originally Posted by finfangfan

Ended up picking up

100 DMYD @ $18.10
150 FRX @ $13.66
50 CCIV @ $33.78

And that’s the end of my settled cash for today. Need to wait until tomorrow for more of my cash to settle. I try to avoid buying potential flippers with unsettled cash so I don’t accidentally trigger a warning.

Ended up selling the 50 CCIV shares an hour and a half later for $42.20/share. A nice $420.82 gain on basically nothing more than a “buy the dip” whim.

xbignick · 02-23-2021, 10:52 AM

TSLA +13% from the bottom

ARKK +8% from the bottom

I had orders in for ARKK and LULU that just missed.

mrmike79 · 02-23-2021, 11:11 AM

Quote:

Originally Posted by patchgenie

have you guys heard of roblox? they say it is going to be trading march 10.

I've spent enough on gift cards for my kids, maybe I can recoup that??

finfangfan · 02-23-2021, 03:14 PM

Nice overall market recovery in the afternoon.

jeg2315 · 02-23-2021, 05:16 PM

What a day, from down -10% overall in the morning to flat by close.

Still think we'll see turbulence near-term, today wasn't the last of it.

JMarchand1981 · 02-23-2021, 06:40 PM

I killed it today.

Anyone remember when I tossed Nxst out there at $107?

JMarchand1981 · 02-23-2021, 06:44 PM

Quote:

Originally Posted by Josh611

Shoutout to JMarch again for the NXST mention in the last thread. Sold around $129 but bought back late last week at $124. One of the few bright spots today. Great quarter from them.

This right here, brother. They crushed it.

nman84 · 02-23-2021, 07:07 PM

Quote:

Originally Posted by JMarchand1981

I killed it today.

Anyone remember when I tossed Nxst out there at $107?

On or around Jan. 7th because that’s when I added it. Thank you sir!

babyfaceposey · 02-23-2021, 07:26 PM

Quote:

Originally Posted by JMarchand1981

I killed it today.

Anyone remember when I tossed Nxst out there at $107?

Yes sir. Grabbed 50 shares at $109.57. Thank you very much kind sir. Oh and still have not sold. P.S. JM has been on the $$$.

JMarchand1981 · 02-23-2021, 07:35 PM

Quote:

Originally Posted by nman84

On or around Jan. 7th because that’s when I added it. Thank you sir!

Quote:

Originally Posted by babyfaceposey

Yes sir. Grabbed 50 shares at $109.57. Thank you very much kind sir. Oh and still have not sold. P.S. JM has been on the $$$.

In full disclosure, I did trim today at $138. At $136 and up it falls out of my screen and becomes slightly overvalued. Although, the risk free rate is higher with the 10 year increasing so you can certainly justify not selling too. I still hold a bunch but I wanted to take some off the table.

33GHill · 02-23-2021, 08:44 PM

Quote:

Originally Posted by finfangfan

Yeah... premarket looks like another red day. I’m sitting on more cash in my trading account now than at any point in last 12 months. Was squirreling some of that fro FRXB’s eventual listing but it’s possible I end up using those funds elsewhere.

DMYD looks like it is dipping 8% premarket... might dip back in what I sold off yesterday if it stays under $19. VGAC also down another 5%. AI back under $120. FRX back under $14. I’ve been playing the swings on all of those the last 3 months and could see getting back into or adding all of them.

I will also look for a big name to buy on the dip. Typically when market is down overall I put money into MSFT or V.

Yeah I generally like sticking with the big boys when markets head south, been adding to stuff like appl, msft , goog on the down days as well as all the ARK etfs. I remember back in 2008-2010 when we all got hammered by the financial crisis and people thought I was an idiot because I kept pouring money into the market, they said I’d lose my money and told me to pull my money out. Who’s the idiot now?

JMarchand1981 · 02-23-2021, 09:22 PM

Quote:

Originally Posted by 33GHill

Yeah I generally like sticking with the big boys when markets head south, been adding to stuff like appl, msft , goog on the down days as well as all the ARK etfs. I remember back in 2008-2010 when we all got hammered by the financial crisis and people thought I was an idiot because I kept pouring money into the market, they said I’d lose my money and told me to pull my money out. Who’s the idiot now?

Panic is never a strategy, so you run the right thing. You have to admit though, Incredibly easy to say in retrospect though.

What you describe is what the pros call the "flight to safety".buy what you know will be there on the other dude if the market takes a steamer.

33GHill · 02-23-2021, 09:47 PM

Quote:

Originally Posted by JMarchand1981

Panic is never a strategy, so you run the right thing. You have to admit though, Incredibly easy to say in retrospect though.

What you describe is what the pros call the "flight to safety".buy what you know will be there on the other dude if the market takes a steamer.

At the time of the housing crisis I was listening to an investment talk show and the host kept mentioning not to panic especially if I had at least 10-15 years before retirement. I was more of a mutual fund investor and only had a handful of stocks, mostly big tech. Pretty much every down day in the market I just chipped away here and there, small amounts into the funds. Back then the fees for buying stocks wasn’t worth it if I was buying a few here and there so it made more sense to buy funds.

JMarchand1981 · 02-24-2021, 06:29 AM

Looking for real value right now. I am also taking my 2021 brokerage gains and making an ira contribution. Then I am taking some money off the table. My average this year is unsustainable and after having been out of work for three months and returning last month, the additional money wouldn’t hurt.

finfangfan · 02-24-2021, 07:53 AM

Premarket makes it look like today should be a good day. Everything I added yesterday is up at least. Debating on whether or not to dip back into CCIV. Will see how green I am today which will shape my risk tolerance.

finfangfan · 02-24-2021, 08:17 AM

Still waiting on FRXB to become available. If anyone sees any news on the official date it will begin trading please let me know here... thanks!

cnewby · 02-24-2021, 08:18 AM

Quote:

Originally Posted by finfangfan

Still waiting on FRXB to become available. If anyone sees any news on the official date it will begin trading please let me know here... thanks!

That makes two of us.

monkeymcgee · 02-24-2021, 08:53 AM

Effing bonds, man...

finfangfan · 02-24-2021, 09:35 AM

Ended up buying back into CCIV ... 50 shares at $34.92. I will likely pick up more shares of KO at some point today too.

finfangfan · 02-24-2021, 11:08 AM

Disney hit $200 for the first time!

Josh611 · 02-24-2021, 11:12 AM

It aint sexy but added T this morning.

Will sit on it and collect the Dividend

Josh611 · 02-24-2021, 11:13 AM

Quote:

Originally Posted by Josh611

It aint sexy but added T this morning.

Will sit on it and collect the Dividend

And a starter position in NTGR.

finfangfan · 02-24-2021, 11:41 AM

I’ve added DMYD on the dip... also picked up 10 more shares of CCIV as it dipped a bit further.

02-23-2021, 10:52 AM	#1029
xbignick Member Join Date: Jul 2010 Location: New Jersey Posts: 29,307 xxbignick	TSLA +13% from the bottom ARKK +8% from the bottom I had orders in for ARKK and LULU that just missed. __________________ @xxbignick on twitter

02-24-2021, 11:12 AM	#1048
Josh611 Member Join Date: Dec 2010 Location: Michigan Posts: 10,031	It aint sexy but added T this morning. Will sit on it and collect the Dividend __________________

02-23-2021, 10:28 AM	#1026
finfangfan Member Join Date: Oct 2013 Posts: 11,162	Now I’m only down .68% in my trading account on the day. Was down 3%+ at one point.

02-23-2021, 03:14 PM	#1031
finfangfan Member Join Date: Oct 2013 Posts: 11,162	Nice overall market recovery in the afternoon.

02-23-2021, 05:16 PM	#1032
jeg2315 Member Join Date: Jan 2008 Location: Bay Area, CA Posts: 2,399	What a day, from down -10% overall in the morning to flat by close. Still think we'll see turbulence near-term, today wasn't the last of it.

02-23-2021, 06:40 PM	#1033
JMarchand1981 Member Join Date: Jul 2013 Posts: 34,438	I killed it today. Anyone remember when I tossed Nxst out there at $107?

02-24-2021, 06:29 AM	#1041
JMarchand1981 Member Join Date: Jul 2013 Posts: 34,438	Looking for real value right now. I am also taking my 2021 brokerage gains and making an ira contribution. Then I am taking some money off the table. My average this year is unsustainable and after having been out of work for three months and returning last month, the additional money wouldn’t hurt.

02-24-2021, 07:53 AM	#1042
finfangfan Member Join Date: Oct 2013 Posts: 11,162	Premarket makes it look like today should be a good day. Everything I added yesterday is up at least. Debating on whether or not to dip back into CCIV. Will see how green I am today which will shape my risk tolerance.

02-24-2021, 08:17 AM	#1043
finfangfan Member Join Date: Oct 2013 Posts: 11,162	Still waiting on FRXB to become available. If anyone sees any news on the official date it will begin trading please let me know here... thanks!

02-24-2021, 08:53 AM	#1045
monkeymcgee Member Join Date: Apr 2010 Location: VA Posts: 10,974	Effing bonds, man...

02-24-2021, 09:35 AM	#1046
finfangfan Member Join Date: Oct 2013 Posts: 11,162	Ended up buying back into CCIV ... 50 shares at $34.92. I will likely pick up more shares of KO at some point today too.

02-24-2021, 11:08 AM	#1047
finfangfan Member Join Date: Oct 2013 Posts: 11,162	Disney hit $200 for the first time!

02-24-2021, 11:41 AM	#1050
finfangfan Member Join Date: Oct 2013 Posts: 11,162	I’ve added DMYD on the dip... also picked up 10 more shares of CCIV as it dipped a bit further.