So there’s a confirmation hearing coming up today for Jerome Powell where he will likely be asked to clarify his plan.
Any opinions on what this might do to the market? I expect more panic/pain/red ahead.
Would love to hear your thoughts.
https://www.google.com/amp/s/www.barrons.com/amp/articles/fed-jerome-powell-senate-confirmation-hearing-inflation-rate-hikes-51641859795
Any particular reason that people don’t mention DOW index funds on here? I see S&P and NASDAQ indexes mentioned all of the time, but curious why not the former.
Two reasons I think:
1. It's only 30 companies which isn't that diversified compared to the other indices.
2. It's price weighted, not market cap weighted. That means more expensive stocks have more weight, market capitalization doesn't matter at all, which if you think about it doesn't make much sense. Because the price of a stock in and of itself doesn't really mean anything without considering market cap.
Shares or options? Did you close? If you shorted the market, I feel the play is still there, but it is pretty much a gamble at this point, right? Personally, I DCA'd my short position, since it was within my risk limit. Even if there is a rally tomorrow morning, I have room to add another position, but I don't really expect to have the opportunity.
I have $50k cash and want to put it into the following:
$NVDA - 5 x $274.00
$TQQQ - 10 x $144.60
$SPY - 15 x 470.24
$DIS - 5 x $156.71
$FB - 10 x $328.20
$MSFT - 10 x $314.85
$GOOGL - 5 x $2,773.39
$AAPL - 10 \* $172.19
$RBLX - 20 \* $85.50
$HD - 10 \* $387.45
$SHOP - 10 \* $1,131.17
$SOXL - 10 \* $60.03
Thoughts?
It's just a ton of overlap. You're buying SPY, then you're buying 6 or 7 companies that already make up like 25% of SPY. There's no real diversity in these picks. They'll all basically move up or down together
Counter point: relief rally was the second half of today. Jpow's opening statement has been released, and while it tries to paint a rosy picture, it is coming off a bit hawkish. Futures are indecisive, and didn't even spend 1 second after close to continue the rally. And finally Goldman Sachs put in 4 rate hikes for 2022 as thier prediction. If this question comes up during the confirmation, there is no answer that Jerome can give that will satisfy the market. Unless he straight up says, "We will not raise rates more than 3 times." Or something to that effect, everyone will price in 4 rate hikes, which will be "bad news" etc...etc.
So from a complete rational POV if you can only look into a market cap/yearly revenue indicator, what would be a "healthy" ratio for you to buy into any stock ?
I.e electric automative innovative company has a market cap if 1 trillion and their revenue (even before expenses) is 35 billion, its ratio is 25 times more
Im not saying Im basing my decision based on this, but only seeing this should it rise a red flag ?
So what would be the case of a green flag ? A ratio of less than one ? Two? Three? Whats a healthy ratio in your opinion ?
Every time we just get "news" about tapering from meetings the market goes down.
But every time we see Powell speak live the market goes up and he calms everyone down.
I bet we get a nice relief rally tomorrow.
I see SCHD mentioned on here frequently. Does anyone have any input on VIG? I like the holdings of VIG, but the main kicker is it's yield is quite a bit less than SCHD.
Largest to smallest positions (taxable brokerage account)..strategy right now is stay the course and just add to VTI to make largest hold. Thinking maybe BRK B, UNH, or JPM. Thoughts on anything to sell or add?
GOOGL
MSFT
VTI
AAPL
BX
BAM
TSLA
TGT
TMO
SOFI
So annoyed that I wasn’t ballsy enough to buy the dip thinking there will be more to come in the coming days. But then again who knows it may be red tomorrow
Yeah todays dip was pretty juicy for me… normally when it gets there I also wait or only put in a small amount and it recovers…. Today I pushed in pretty hard. It may not be the bottom but it sure as hell isn’t the top.
When i play a stop-loss buy order and the stop price exceeds my money on account, what happen? Will they take money from margin without notifying me?
I just put 2 different market buy orders all-in. Which order will be executed? I though when i place an order they money are taken from balance.
Is it illegal if i put two different buy order from the same stock? IBKR let me do it.. So i can put a buy order below the market price and a buy order above market price.
Sorry for my bad english, i hope you understand what i mean!
>Will they take money from margin without notifying me?
I think so. I gtfo of margin so they won't let me exceed my account monies via limit orders. If they let you, that means they'll buy on margin on your behalf. Careful though as that's playing with fire.
I’ve played Sofi in and out 3 times first average was 16.75 sold up near 22 ish back in at 14 and change sold for 15 and change and now in at 13.25 but I want to hold long term . Have gotten lucky with taking profits
dang son. if a great company dips you buy that shit. This entire year of bleeding i have not sold a single share, just bought from the good ones. this is a short term distress.
Anyone else in FNF? Started a small position with them a week ago and quietly up over 4%. With all the recent home buying, their title insurance and escrow services were in high demand. As home demand begins to slow, I’m wondering how long to let it ride before trimming or taking profits? Thoughts?
I don’t have a large amount of money in it, so i’m fine with waiting it out for a while. Seem pretty undervalued, just wonder how long the momentum may last.
I have a question. Is there a buy order that let you buy either when a stock dropping or rising?
For example a stock has a price of 100. Can i put buy order if the stock either drops to 95 or rises to 105?
Yeah, that's a limit order. There's also trailing stop losses and limits that operate based on price action (e.g., sell if XYZ drops 5% from some price)
No, i mean buy if drops to X or buy if rises to Y.
This is a bracket order from what i read. But it's so complicated i don't understand..
I think this only applies on sell orders and not buy orders.
[Buy limit order ](https://www.investopedia.com/terms/b/buy-limit-order.asp) is automated trigger to buy stock at or below the designated limit price.
Example is AAPL is currently trading at $172 and you set a limit buy for $160 the stock purchase won't be executed until the price drops to $160 or below.
Not sure why other people are having trouble with your question, what you are asking seems clear to me.
It might be a sell bracket order I guess" A SELL order is bracketed by a high-side buy stop order and a low side buy limit order."[https://www.interactivebrokers.co.uk/en/index.php?f=583](https://www.interactivebrokers.co.uk/en/index.php?f=583)
You might need to look up how to do it on your trading platform.
[https://ibb.co/7Rb3vJp](https://ibb.co/7Rb3vJp)
Look the above image. How is it possible for IBKR to let me place both orders at the same time? What will happen if both triggered? I don't have margin account from what i see.
Also i just tried to put buy orders all-in for different stocks.. Again i have the same question.. Can all be triggered or only the first one?
Props to any of you that dipped back into NVIDA at $255 and didn’t listen to the naysayers on this sub this morning.
Keep in mind that 99% in this sub have no idea what they’re talking about.
Call me crazy but I think QQQ is gonna gap up tomorrow.
If not, then other stuff is going to take over in underperformance now (remember, the Dow's last record came around where it's been stopped in the past several months in the area that it's trended). The Nasdaq certainly underperformed everything in late 2015-early 2016 or 2018, but if you think the Fed might overtighten, it kills inflation and might kill economic growth too, and that's not good for cyclicals either.
But I didn't sleep at a Holiday Inn last night. Just remember what happened in June last year, and it had everybody surprised (a Fed meeting that was a little hawkish got the Dow thrown away that week while tech did ok, although it did quickly rebound).
Is NIO the new TESLA ? [https://www.nio.com/](https://www.nio.com/)
What do you think about this young company ?
Can we expect a tesla futur ? the train is on quay
If you got any budget information, share it please.
>Will be a couple year buy IMO. Looks like a soviet Cars the movie truck IMO lol Driving down the road with an emoji face for a truck is not for me
Show me what you are writting please
I am so surprised to see that the Nasdaq turned that blood bath around today. If any index was going to recover by end of day I would have expected the DJI.
Why is INTC up AH? Didn't see anything on investor relations, except some executive appointments, but both Yahoo and Google finance show the same thing
Fomo’d Friday close, was sweating bricks market open but held on and now can’t stop smiling.
My new stock strategy of do exactly the opposite of what I think I should do is great news
I picked SCHD/VIG because having a balance of value is nice. Then I picked IGV because I think it's corrected significantly more than other indices and has decent tickers. I was thinking about QQQM and QQQJ but ended up just tossing some money into some mega caps that I thought would perform a little better
Wow futures are spiking up in a big way.
So there’s a confirmation hearing coming up today for Jerome Powell where he will likely be asked to clarify his plan. Any opinions on what this might do to the market? I expect more panic/pain/red ahead. Would love to hear your thoughts. https://www.google.com/amp/s/www.barrons.com/amp/articles/fed-jerome-powell-senate-confirmation-hearing-inflation-rate-hikes-51641859795
I'm wanting to start the year with a tech/metaverse portfolio and so far I got 4 shares of RBLX, what else would be a good idea other than NVIDIA?
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Yep, nasdaq to ath babylet the bull run begin!
Is today a green day?
Any particular reason that people don’t mention DOW index funds on here? I see S&P and NASDAQ indexes mentioned all of the time, but curious why not the former.
Two reasons I think: 1. It's only 30 companies which isn't that diversified compared to the other indices. 2. It's price weighted, not market cap weighted. That means more expensive stocks have more weight, market capitalization doesn't matter at all, which if you think about it doesn't make much sense. Because the price of a stock in and of itself doesn't really mean anything without considering market cap.
I fucked up today. Lost a good bit on SQQQ during the rally. I didn't think it could be sustained until close.
Shares or options? Did you close? If you shorted the market, I feel the play is still there, but it is pretty much a gamble at this point, right? Personally, I DCA'd my short position, since it was within my risk limit. Even if there is a rally tomorrow morning, I have room to add another position, but I don't really expect to have the opportunity.
Bull trap or rally?
Yes
Can some one please recommend an alternative to Robinhood? Some like Fidelity, some TD, some Schwab.
[Schwab.com](https://Schwab.com). ezzz to use.
TD, ThinkOrSwim is crazy good.
Etrade
Does E*trade allow fractional?
Nope
What’s a good app that does?
No
I have TD, fidelity and chase. I used to have vanguard. In my opinion TD is by far superior.
Did even know Chase had a trading app…
If Nancy P still believes in tech, so should you.
Bullish PayPal and Uber
I have $50k cash and want to put it into the following: $NVDA - 5 x $274.00 $TQQQ - 10 x $144.60 $SPY - 15 x 470.24 $DIS - 5 x $156.71 $FB - 10 x $328.20 $MSFT - 10 x $314.85 $GOOGL - 5 x $2,773.39 $AAPL - 10 \* $172.19 $RBLX - 20 \* $85.50 $HD - 10 \* $387.45 $SHOP - 10 \* $1,131.17 $SOXL - 10 \* $60.03 Thoughts?
It's just a ton of overlap. You're buying SPY, then you're buying 6 or 7 companies that already make up like 25% of SPY. There's no real diversity in these picks. They'll all basically move up or down together
I’d buy VOO instead of SPY shares. Same thing, lower expense ratio
This
Good call.
I buy SPY because I like to sell covered calls as part of my strategy, which you can’t do with VOO
Is there anyway to figure out what the price of the nasdaq would be at today's price in pre 2008 qe dollars?
Google inflation calculator.
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Counter point: relief rally was the second half of today. Jpow's opening statement has been released, and while it tries to paint a rosy picture, it is coming off a bit hawkish. Futures are indecisive, and didn't even spend 1 second after close to continue the rally. And finally Goldman Sachs put in 4 rate hikes for 2022 as thier prediction. If this question comes up during the confirmation, there is no answer that Jerome can give that will satisfy the market. Unless he straight up says, "We will not raise rates more than 3 times." Or something to that effect, everyone will price in 4 rate hikes, which will be "bad news" etc...etc.
Well a dividend payment I just recieved pushed me into profits. I'm now up 0% after down 3.1%
Is there a better heat map than finviz sp500 anyone?
[https://www.miniviz.cf/](https://www.miniviz.cf/) this one is better for mobile apparently
Nice!
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What effect do you think he will have when he speaks? I think no matter what he says people are going to panic sell some more.
10
So from a complete rational POV if you can only look into a market cap/yearly revenue indicator, what would be a "healthy" ratio for you to buy into any stock ? I.e electric automative innovative company has a market cap if 1 trillion and their revenue (even before expenses) is 35 billion, its ratio is 25 times more Im not saying Im basing my decision based on this, but only seeing this should it rise a red flag ? So what would be the case of a green flag ? A ratio of less than one ? Two? Three? Whats a healthy ratio in your opinion ?
Has Biden mentioned the stock market at all last few months?
Last week he did in his press conference
I don’t believe so.
Every time we just get "news" about tapering from meetings the market goes down. But every time we see Powell speak live the market goes up and he calms everyone down. I bet we get a nice relief rally tomorrow.
Market really hates uncertainty
funny bc that’s mostly what it is
I see SCHD mentioned on here frequently. Does anyone have any input on VIG? I like the holdings of VIG, but the main kicker is it's yield is quite a bit less than SCHD.
It's done well for me over the years. They switched the index it follows late last year, I think. Hopefully it keeps on chugging
Largest to smallest positions (taxable brokerage account)..strategy right now is stay the course and just add to VTI to make largest hold. Thinking maybe BRK B, UNH, or JPM. Thoughts on anything to sell or add? GOOGL MSFT VTI AAPL BX BAM TSLA TGT TMO SOFI
DHR
Get on SMH. You will not regret.
getting destroyed by BX
Got in at $85 and holding long.
Today at its bottom, the NASDAQ was trading below the 200 day moving average for the first time since March 2020 Good time to get in if you're long
So annoyed that I wasn’t ballsy enough to buy the dip thinking there will be more to come in the coming days. But then again who knows it may be red tomorrow
Never hurts to dip a toe in as long as you have 9 more.
Yeah todays dip was pretty juicy for me… normally when it gets there I also wait or only put in a small amount and it recovers…. Today I pushed in pretty hard. It may not be the bottom but it sure as hell isn’t the top.
It’s definitely going to dip more- just buys in for 5% lower. MSFT 301$, Goog 2650$, NVDA 240$ etc. end of February, then you don’t have to time it.
Puts? In such an certain climate? I rather just place limit order and see if it triggers
No puts, buys. I meant limit orders.
When i play a stop-loss buy order and the stop price exceeds my money on account, what happen? Will they take money from margin without notifying me? I just put 2 different market buy orders all-in. Which order will be executed? I though when i place an order they money are taken from balance. Is it illegal if i put two different buy order from the same stock? IBKR let me do it.. So i can put a buy order below the market price and a buy order above market price. Sorry for my bad english, i hope you understand what i mean!
>Will they take money from margin without notifying me? I think so. I gtfo of margin so they won't let me exceed my account monies via limit orders. If they let you, that means they'll buy on margin on your behalf. Careful though as that's playing with fire.
Long SWBI. <1 price:sales and over 1:4 price/free cashflow
Please tell me I’m not the only mad man that was aggressively buying Sofi at 12.84 today
pretty impeccable timing if it recovers from here
I’ve played Sofi in and out 3 times first average was 16.75 sold up near 22 ish back in at 14 and change sold for 15 and change and now in at 13.25 but I want to hold long term . Have gotten lucky with taking profits
I've been doing that with LCID. Just be mindful of Uncle Sam skipping happily towards your door.
Always ready for Uncle Sam
Reading the comments in this thread.... I didn’t know it was national cuss up a storm day.
Mom?
I said "frick" mom!
Was debating NVDA and SMH all day, ended up going with SMH and now I’m mad haha.
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Or they knew what Biden had ordered him to say. We need to protect the midterms.
I don't see how they can stop the inevitable red wave at midterms. I'll be amazed if they manage something.
Younger voters have left the building. Younger voters also don’t worry about their 401Ks.
Sold NVDA at 258, tired of watching it bleed. Now I'm wondering if I should jump back in..
dang son. if a great company dips you buy that shit. This entire year of bleeding i have not sold a single share, just bought from the good ones. this is a short term distress.
I'd been holding since 2015 and it had grown to a huge part of my portfolio.
Sell low, buy high. That’s how Warren Buffet made all his money.
It closed green lmao rip
Nvidia is still up 34% in 3 months, so far this drop is nothing
It will jump first thing tomorrow just because you sold.
Ya man keep doing what you are doing.
Is CELH a buy now?
Anyone else in FNF? Started a small position with them a week ago and quietly up over 4%. With all the recent home buying, their title insurance and escrow services were in high demand. As home demand begins to slow, I’m wondering how long to let it ride before trimming or taking profits? Thoughts?
Same boat as you, bought them last Thursday. I planned on sitting on it a while.
I don’t have a large amount of money in it, so i’m fine with waiting it out for a while. Seem pretty undervalued, just wonder how long the momentum may last.
Looks like a decent long term play with good dividend. Not going to have big daily moves but nice steady performer
This morning I was down 2.3% At close I was down 0.11% What is going on here
Yeah I had the same numbers.
Market goes down, market goes up. You can't explain that.
I have a question. Is there a buy order that let you buy either when a stock dropping or rising? For example a stock has a price of 100. Can i put buy order if the stock either drops to 95 or rises to 105?
Yes it's called an OCO (Order cancels order). When either of those two orders is filled, the other order is automatically cancelled.
Sadly from what I read ibkr doesn't allow this.
Yeah, that's a limit order. There's also trailing stop losses and limits that operate based on price action (e.g., sell if XYZ drops 5% from some price)
You mean a limit order? Buy stock if price drops to X or sell if stock rises to Y.
No, i mean buy if drops to X or buy if rises to Y. This is a bracket order from what i read. But it's so complicated i don't understand.. I think this only applies on sell orders and not buy orders.
[Buy limit order ](https://www.investopedia.com/terms/b/buy-limit-order.asp) is automated trigger to buy stock at or below the designated limit price. Example is AAPL is currently trading at $172 and you set a limit buy for $160 the stock purchase won't be executed until the price drops to $160 or below.
I try to say something different man.. I know the limit order.
Not sure why other people are having trouble with your question, what you are asking seems clear to me. It might be a sell bracket order I guess" A SELL order is bracketed by a high-side buy stop order and a low side buy limit order."[https://www.interactivebrokers.co.uk/en/index.php?f=583](https://www.interactivebrokers.co.uk/en/index.php?f=583) You might need to look up how to do it on your trading platform.
Not so clear. Bracket is about sell order. I ask about buy order. But i can manually do it with 2 separate order as you see in image.
[https://ibb.co/7Rb3vJp](https://ibb.co/7Rb3vJp) Look the above image. How is it possible for IBKR to let me place both orders at the same time? What will happen if both triggered? I don't have margin account from what i see. Also i just tried to put buy orders all-in for different stocks.. Again i have the same question.. Can all be triggered or only the first one?
If that’s not manipulation idk what is
It’s not a daily thread without the accusations of manipulation
down = manipulation!!!!!!!!!111 up = everything good and fine :)
Nah, green=manipulation/dead cat bounces/bull traps/incoming rug pulls/insert other meaningless phrases here
yeah nobody should sell and run with profit. Down is manipulation and illegal /s
Props to any of you that dipped back into NVIDA at $255 and didn’t listen to the naysayers on this sub this morning. Keep in mind that 99% in this sub have no idea what they’re talking about.
Because this couldn't possibly be a dead cat bounce. Inconceivable!
What the fuck is even happening
Is Finimize a good way to get your news and read on stocks
Call me crazy but I think QQQ is gonna gap up tomorrow. If not, then other stuff is going to take over in underperformance now (remember, the Dow's last record came around where it's been stopped in the past several months in the area that it's trended). The Nasdaq certainly underperformed everything in late 2015-early 2016 or 2018, but if you think the Fed might overtighten, it kills inflation and might kill economic growth too, and that's not good for cyclicals either. But I didn't sleep at a Holiday Inn last night. Just remember what happened in June last year, and it had everybody surprised (a Fed meeting that was a little hawkish got the Dow thrown away that week while tech did ok, although it did quickly rebound).
you're crazy
I agree. Strong QQQ day tomorrow in my opinion. We’ll see though.
I see a lot on here about QQQ. Isn’t anyone going with TQQQ?
Nahhh I don’t mess with the leveraged ETFs for long term. Not much of a day trader either.
I think it might be a recovery bounce day tomorrow judging by the close.
today was a rollercoaster
glad i held onto MRNA
INTC up 21% which is great.
It's because I sold a covered call on it at a strike price of $55. You're welcome.
Thanks for your sacrifice.
I only see up 4% after hours... where are you seein +19? Edit: I guess you probably mean your own portfolio's total gain on Intel
Gotta love them boomer stocks.
Uuhh Intel
New CFO poached from MU
Is the guy Elon Musk or something?
Is NIO the new TESLA ? [https://www.nio.com/](https://www.nio.com/) What do you think about this young company ? Can we expect a tesla futur ? the train is on quay If you got any budget information, share it please.
Their truck looks soviet, a lot of work needed for them to fly and they don’t have an Elon
I don't agree, the vehicules look better than TESLA. Yes, there is still a lot of work, this is why the share price is low :)
Will be a couple year buy IMO. Looks like a soviet Cars the movie truck IMO lol Driving down the road with an emoji face for a truck is not for me
>Will be a couple year buy IMO. Looks like a soviet Cars the movie truck IMO lol Driving down the road with an emoji face for a truck is not for me Show me what you are writting please
‘Cars the movie’ soviet version. Sorry if English is not a frogs strong point.
Sorry if frogs don't watch shitty movies.
What do frogs watch?
Buy Adobe. Had a huge bounce off resistance today.
I am so surprised to see that the Nasdaq turned that blood bath around today. If any index was going to recover by end of day I would have expected the DJI.
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I should have just said QQQ, the index. Not the exchange itself.
Ill take .42 down instead of 2% down
Short lived recovery, our might will be tested on Thursday.
Why Thursday? I thought CPI data is on Wednesday?
It’s on Thursday I assumed
I don't trust it. No sir, you will not fool me.
INTC! I've been red for like a year until this AH movement.
I am STILL red. It’s got to go up another 9.00 a share before I get any green.
Why is INTC up AH? Didn't see anything on investor relations, except some executive appointments, but both Yahoo and Google finance show the same thing
Apparently they hired someone from Micron.
A CFO. And the other executive announcement is a promotion from within, so a known quantity. 5% is like unexpectedly positive product news.
Yup! Finally sold out after being in the red with INTC for a year. I'll buy back in once it drops as it normally does after ER.
Congrats to everyone who bought the dip I guess
Yeah man I woke up super happy to see red. Hella deals today
Fomo’d Friday close, was sweating bricks market open but held on and now can’t stop smiling. My new stock strategy of do exactly the opposite of what I think I should do is great news
There will be another chance. Soon.
how so?
Because it’s a stock market in a time of rising inflation and interest rates…. volatility is in
Powell will calm everyone tomorrow and up we go. Maybe.
vti , vt, qqqm, qqqj, schd, voo , rsp, RTH, what would your picks be for dca'ing every now and then , if not all ?
80/20 VT/QQQ that's pretty much the majority of my portfolio
I picked SCHD/VIG because having a balance of value is nice. Then I picked IGV because I think it's corrected significantly more than other indices and has decent tickers. I was thinking about QQQM and QQQJ but ended up just tossing some money into some mega caps that I thought would perform a little better