Investing General Discussion

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Sanrith Descartes

Sanrith Descartes

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Gravel said:
Further, they've been on a massive shift away from producing their own power and energy. They've decimated their natural gas production and closed a ton of nuclear plants in favor of renewables that don't provide even remotely enough power for their needs, so they buy excess from France who didn't.

I think I remember reading a few months ago that UK natgas had increased 400%. I'm sure it's only gotten worse.

Not to get political, but it seems like it has to be on purpose at this point. It really looks like a Great Reset plan to wipe out the poors.

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Lets see how the Euro's feel about being led by Communists when they are freezing their asses off this winter because they cant afford heat or electricity.
 
Sanrith Descartes

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Something I dont think has ever been discussed. When looking at the shorter DMA numbers, they can change pretty quickly with sharp price changes. If you are planning to buy on the 20 or 50 DMA of a stock today and it doesn't hit, there is a good chance those DMA prices tomorrow can be significantly different than today. Adjust your limit orders accordingly.
 
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Sanrith Descartes

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Shonuff said:
What a crappy investment Pfizer has been.
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Look at its 5-year chart. Blazin Blazin and I used to write easy puts on it because it was consistently a $32 - $36 dollar low beta stock. Coronachan vax wasn't going to keep its price up forever. It was trading for 2x what it was historically worth. Take a look at MRNA chart and you see the same pattern beginning in July 21. The drop MRNA has taken is beginning for PFE.

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Nija

Nija

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Sanrith Descartes said:
I gotta ask some of you a question. Its been nearly 2 years since Black Monday. Literally close to 10k posts in this thread since then. After all this time and info, I still see some of you doing the same shit the same way you have always done. Making the same trades, on the same types of stocks. Is there a point where you go "maybe I should change my strategy and try what some of the other guys are doing?"

Not that any of us dont grab some dogs, we all do <cough, VZ, cough>. You realize the trade is shit and you cut your losses before they pile up and move on to the next trade. But as I am looking at my portfolio for year end balancing I start thinking to myself of some of the names some of us have brought forward with recommendations and the rational behind it. Not all these stocks are s3xy or making 1000% returns, but they just constantly produce alpha year after year after year.

I look at something like ABBV. I think only Blazin Blazin and myself are in it. Its not a meme stock nor will it give you 100% return in a year. But damn if it doesnt give me 30% in stock appreciation plus close to a 7.5% dividend yield at my cost basis. All it does is print money. It got yacked about a month ago and was down a good 15% a month or two ago. I know Blaz and I both added to it. It bounced and is up about 30% from that dip.
...
Buy quality, hold it for the long ride, let your winners run and cut your losers short. If even one of you turn it around in 2022 then the time I spent typing this was worth it.

ps.. And fuck margin.
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Sorry man. I'm probably not alone here, but I am watching, learning, and acting every now and then. We're listening for sure. We greatly appreciate all the information you, and plenty of others, share freely.

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Sanrith Descartes

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So if Biden comes out and says basically "Covid is with us forever, we have drugs now to assist and its time to just live with it", do the markets go ballistic?
 
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Lightning Lord Rule

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Wow, even my dogshit stonks are green today. Need a few more of these before I do some pro 'tax loss harvesting' before the end of the year :I'm Fine:
 
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Sanrith Descartes

Sanrith Descartes

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Lightning Lord Rule said:
Wow, even my dogshit stonks are green today. Need a few more of these before I do some pro 'tax loss harvesting' before the end of the year :I'm Fine:
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I think the market had priced in Biden going all North Korea in his speech today and when the WH put out the talking points the market went hmm.
 
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