Investing General Discussion

Shonuff

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Tom Lee from Fundstrat, who is about the most accurate predictor out there on the markets says covid is peaking and declining in Florida. "Burning hot and burning out" he says. Maybe I should buy more recovery stocks. Cramer was talking about buying MLM, Deere, UNP, Nuecor and American Tower tonight...

Covid 8-16.JPG
 

Shonuff

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This is not a covid thread, or a politics thread, but you really can't be investing without bringing those up sometimes. They are inseperable at times.
 
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Shonuff

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He's like a modern day Nostradamus.
 

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Sanrith Descartes

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Tom Lee from Fundstrat, who is about the most accurate predictor out there on the markets says covid is peaking and declining in Florida. "Burning hot and burning out" he says. Maybe I should buy more recovery stocks. Cramer was talking about buying MLM, Deere, UNP, Nuecor and American Tower tonight...

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So me missing my WYNN buy order by a penny today is gonna bite me in the ass?
 
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Tmac

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Tom Lee from Fundstrat, who is about the most accurate predictor out there on the markets says covid is peaking and declining in Florida. "Burning hot and burning out" he says. Maybe I should buy more recovery stocks. Cramer was talking about buying MLM, Deere, UNP, Nuecor and American Tower tonight...

View attachment 367447

Deere and American Tower are interesting to me as I’m familiar w both on a business level. What’s his suggestion?
 

Shonuff

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Deere and American Tower are interesting to me as I’m familiar w both on a business level. What’s his suggestion?
If the infrastructure bill passes, buy those. I was in MLM for almost a year and had a 48% gain. I thought the run was over, so I sold last week. Nuecor he recommended in actionalerts, and its up 25 in like the last two months. I wish I bought more when he said to.
 

Sanrith Descartes

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For some reason, the market is ignoring the recovery. In any event, you can get it lower than my average cost in the 120s. So there's that.
I stalk shit. It closed about 1.2% above my target. Good chance I can grab an entry tomorrow unless the market goes wonky. There isn't any real news to drive it higher right now.

Edit: and the bounce a penny off tells me my price is dead on.
 

Shonuff

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I stalk shit. It closed about 1.2% above my target. Good chance I can grab an entry tomorrow unless the market goes wonky. There isn't any real news to drive it higher right now.

Edit: and the bounce a penny off tells me my price is dead on.
If it gets that close, I just buy it. Its happened to me, I've missed trades over a few pennies, and stood to make more. Hell, I missed a trade off of AMD over three pennies that would've made me $300.

So now I just buy it.
 
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Sanrith Descartes

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If it gets that close, I just buy it. Its happened to me, I've missed trades over a few pennies, and stood to make more. Hell, I missed a trade off of AMD over three pennies that would've made me $300.

So now I just buy it.
I am anal as fuck about stuff like this. Ask Fogel Fogel . Its a character flaw. The times I have ignored my data and just bought, it has in nearly all cases dropped to my point some short time after I bought. I'm not very good timing buys as a stock moves up, but I am pretty good nailing them in downturns.
 

swayze22

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not sure what will happen as most of the country is about to head back to school. looks like the mid-august peak targets/predictions look "good" a the moment...

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Shonuff

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AMD is dropping because they get their chips from TSM, and because Biden left Afghanistan, investors are afraid we won't protect Taiwan against China. Ugh.
 
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Fogel

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All spacs are and have been worthlesss for awhile. Until sentiment changes avoid them like the plague
 
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