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Stock, option, etc. Traders...

Old 01-17-2020, 03:19 PM
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Originally Posted by Brad1 View Post
Bought DELL @ 50.74

Why did you choose to long Dell now?
Old 01-17-2020, 03:56 PM
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Originally Posted by D_Westie View Post
Bought some MU a while back. I'm up 63% on it so far.

Last week I bought some BALLARD POWER SYSTEMS (BLDP on the toronto exchange) and I'm up 23% on them already.
BLDP is now up 43% since I bought it on Jan 9th added more this morning and by close I was already up 5% on the new shares.

Overall I'm up 4.57% so far this year.
Old 01-17-2020, 03:57 PM
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Originally Posted by mitchk View Post
Why did you choose to long Dell now?
When I entered into Dell on Wednesday the price trend (below) was showing what appeared to me to be the classic cup and handle. Thinking potential upward trend. Few other things like the MACD moving above 0 line for instance. I set a stop loss at $49.22 (3% below my entry). My objective is to capture a modest gain on a swing trade. But oh my, today's price movement was ugly!!! Lol. Worst case (provided it doesn't gap down past my stop loss) I'm out 3%. Something tells me my stop loss will trigger on Monday, given what occurred today though. We'll see.


Old 01-17-2020, 07:06 PM
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I like STL, boring safe bank stock, for some moving and shaking this spring. Posting this now so I can quote myself in April/may.

Ive been in it for a couple months, next move I make will probably be To double up this position.
Old 01-19-2020, 10:32 AM
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Can anyone provide recommendations on how to go about identifying potential trade candidates? I've been attempting to do so using various screeners like Finvis and ETrade, but when I take a look at the charts, I'm just not seeing much of anything I feel good about buying. I'd say the biggest problem I'm running into is that everything seems like it's already priced sky high. I'd rather avoid penny stocks and I'd prefer to stay away from anything with negative EPS. When that's all said and done, I'm just not seeing much.

Perhaps in a round about sort of way I just answered my own question and now's just a good time to be in cash.
Old 01-19-2020, 10:51 AM
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Originally Posted by Brad1 View Post
Can anyone provide recommendations on how to go about identifying potential trade candidates? I've been attempting to do so using various screeners like Finvis and ETrade, but when I take a look at the charts, I'm just not seeing much of anything I feel good about buying. I'd say the biggest problem I'm running into is that everything seems like it's already priced sky high. I'd rather avoid penny stocks and I'd prefer to stay away from anything with negative EPS. When that's all said and done, I'm just not seeing much.

Perhaps in a round about sort of way I just answered my own question and now's just a good time to be in cash.
Rebound in manufacturing in December better than expected, retail sales continue to grow, housing starts soared in December up close to 17% (13 year record), semiconductors up signaling manufacturing rebound, phase 1 of the trade agreement finally signed and manufacturing was below inventory levels suggesting at least some short term growth. This with the backdrop of rising wages and inflation still in check. Of course Targets retail miss dominated the news cycle all day suggesting retail dropped overall.

So is it a good time to be in cash? I honestly don’t know but our economy has been pretty successful at absorbing moderate slow downs without recessing. Whether the market is overpriced is another conversation but conventional wisdom seems to be by the wayside.

I had slowly moved about 5% into cash reserves the past year or so with the remaining 95% all in and don’t plan to change that anytime soon other than possibly adding in a couple sectors and a little rebalancing.
Old 01-19-2020, 11:20 AM
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Originally Posted by Brad1 View Post
Can anyone provide recommendations on how to go about identifying potential trade candidates? I've been attempting to do so using various screeners like Finvis and ETrade, but when I take a look at the charts, I'm just not seeing much of anything I feel good about buying. I'd say the biggest problem I'm running into is that everything seems like it's already priced sky high. I'd rather avoid penny stocks and I'd prefer to stay away from anything with negative EPS. When that's all said and done, I'm just not seeing much.

Perhaps in a round about sort of way I just answered my own question and now's just a good time to be in cash.
You may want to look at what mutual funds small, medium, and large cap have done well over the last 3-5 years. Then see what new positions those managers have been putting on. That data is usually 3 months old but you can build a population of candidates. Or you can be contrarian and see what sectors have not done well (energy and commodities come to mind) and not follow the herd. This has been a strong up market and a dartboard would have worked pretty well. Also learn some very basic technical indicators like is the stock making higher highs, how the stock behaves when it hits a support line and does volume pick up on the up side and drop on the down side. Look at earning estimates (usually wrong) and see what the projected earning are and if revenues are increasing. Should help narrow down your candidate list. I am sure I am leaving a lot out but it is not a bad place to start unless you want to trade a lot. Then I would look at Wellcraft's posts and really dig into charts, momentum etc. I am way too stupid to do that and just prefer to buy good stocks or indices or sector ETFs.
Old 01-19-2020, 11:22 AM
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Originally Posted by wellcraft25 View Post
swing or day trade gappers?
Not sure i follow your question, or is that what you're saying is how you identify trade candidates?

Just trying to spot some decent candidates from a swing trading perspective.
Old 01-21-2020, 07:48 AM
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Bought NEE, FNV, RGLD small positions.
Old 01-21-2020, 08:01 AM
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I would love to hear opinions on AMD...
I'm not buying (have not bought anything in over a year or more) but would love to think what others think.
I see it keeps going up.

BTW: I'm aware that there is another thread about it.
Old 01-21-2020, 08:42 AM
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The stop loss order I had in place for DELL executed this morning. A 3 percent loss for me on that one. I'm going to continue to monitoring DELL though. It might be worth getting back into for a short-term swing trade at some point.
Old 01-21-2020, 08:45 AM
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Originally Posted by emudryj View Post
I would love to hear opinions on AMD...
I'm not buying (have not bought anything in over a year or more) but would love to think what others think.
I see it keeps going up.

BTW: I'm aware that there is another thread about it.
I would've loved to have gotten into it back when Bugbuster first recommended it, but it's priced too high for me now.
Old 01-21-2020, 09:07 AM
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Originally Posted by emudryj View Post
I would love to hear opinions on AMD...
I'm not buying (have not bought anything in over a year or more) but would love to think what others think.
I see it keeps going up.

BTW: I'm aware that there is another thread about it.
the rhetoric in that thread is the stuff that makes me want to run for the hills in general. Buying the darling of any big index a year after it blows up is a fools errand in my opinion.

Full disclosure, Im long AMD.
Old 01-21-2020, 09:15 AM
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Sold TPR for a decent short term gain. Added to my position in XOM. Also added to mainstay mutual funds VWENX and VGWLX
Old 01-21-2020, 10:35 AM
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Any one had any luck with trading sites? Looking to do some trading in retirement and don't want to lose my shorts..
Old 01-21-2020, 10:56 AM
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Originally Posted by Chucks 246 View Post
Any one had any luck with trading sites? Looking to do some trading in retirement and don't want to lose my shorts..
I use E*Trade. For trading, they have a platform called "Power E*Trade". It's the first actual trading platform I have ever used and I'm impressed with it. Understand though, that a trading platform is just a tool and no matter how good that tool is, things can still go wrong if you don't go about trading the correct way. Several months ago, I decided I wanted to give "Swing" trading a go. Just as part-time thing. Day trading just seemed too intense for me and definitely way beyond the capabilities of a novice like me (check out some of Jesse's videos if you want to be humbled. Lol). I spent several months reading a couple books on the subject. I posted the links to the books in a previous post on this thread. Last Monday marked my official entry into Swing trading. Let me tell you, I've got a lot to learn. So far, my return is -1 percent. I do think however that a large part of the problem is that I decided to get into this at a time when the market is so insanely high, and that everything is priced so high that it's very difficult to find good trade candidates. I won't consider penny stocks, or stocks that aren't very liquid.
Old 01-21-2020, 11:02 AM
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Originally Posted by emudryj View Post
I would love to hear opinions on AMD...
I'm not buying (have not bought anything in over a year or more) but would love to think what others think.
I see it keeps going up.

BTW: I'm aware that there is another thread about it.
Tempted to put more into it but I'm resisting. It made a big run like this a couple of years ago then came back down.

I bought it on a whim when it was really cheap, before the thread here even. Not that much invested overall but I'm up well over $1000%
Old 01-21-2020, 12:16 PM
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"Boeing Co. (BA) Halted due to news pending"

Shares down 5.5% currently


I'm curious about trading being halted as they already announced that there would be more delays with the MAX's return to service and halt in production

Last edited by SLT Kota; 01-21-2020 at 12:22 PM.
Old 01-21-2020, 12:25 PM
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I think there scraping the Maxx, bad situation.
Old 01-21-2020, 12:29 PM
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https://investorplace.com/2020/01/5-...-win-big-2020/


placer.ai is a company I’m invested in and their using cellphone location data for a lot of different purposes. One of those is measuring and comparing foot traffic yoy to predict revenues. Check out this article.

Saved here so we can look at this 3/6/9 MOs from now and see if their analytic forecasting actually turn into revenues.

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