OT: Stock trading

[HuskyHawk]

You didn't lose unless you sold.

Sure. And Elon Musk has no money.

 

[uconndogs]

Sold my 5 ethereum for 5k a piece a couple months ago and bought 20k in i-bonds to add to the house downpayment fund. 24,000 profit. Happy I did that right now. Always felt more like gambling than a real investment.

My gut is telling me broad index funds is going to be the way to go for a while.

That‘s because it was…..

 

[temery]

Any thoughts on a NASDAQ index fund? I've been tech heavy, and they've been hit pretty had.

Oddly, it's easy to find and S&P fund/ETF, but not so finding a nasdaq fund/ETF.

 

[uconngb]

Any thoughts on a NASDAQ index fund? I've been tech heavy, and they've been hit pretty had.

Oddly, it's easy to find and S&P fund/ETF, but not so finding a nasdaq fund/ETF.

QQQ

 

[temery]

QQQ

'Seriously, or did you just stutter? Also, should have mentioned - I'd ideally like a Vanguard fund or ETF.

 

[uconngb]

'Seriously, or did you just stutter? Also, should have mentioned - I'd ideally like a Vanguard fund or ETF.

Seriously. It’s an ETF that tracks the Nasdaq 100

 

[ct06111]

Seriously. It’s an ETF that tracks the Nasdaq 100

You could also buy QYLD.
It tracks above mentioned ETF QQQ and is actively managed by selling Covered Calls on the top 100 NASDAQ companies and provides investors a Monthly 11.80% yield. Basically returns lots of premium $ gotten from selling calls from the top 100 NASDAQ companies.

Won’t grow, but is a great Monthly income vehicle.

Currently in Low 20s. Went to 18 during March 2020 and like 23.50 during record high NASDAQ.

Anyone near retirement that has to park $ somewhere, but it won’t grow any, but may need about a 8-11% yield, QYLD ain’t bad.

Popular on Reddit with young stupid kids like me, (I sold @ 23 and focused on growth ETFs), but I’d pick some up if I had to take an RMD and had to put it somewhere, but also wanted livable monthly income from it.

 

[HuskyHawk]

Any thoughts on a NASDAQ index fund? I've been tech heavy, and they've been hit pretty had.

Oddly, it's easy to find and S&P fund/ETF, but not so finding a nasdaq fund/ETF.

QQQQ has been a holding for me for over a decade. I quite like it as a core holding.

 

[huskypantz]

'Seriously, or did you just stutter? Also, should have mentioned - I'd ideally like a Vanguard fund or ETF.

I throw my serious money into vanguard and dabble a little on the side. VTSAX gets the lion's share. Google bogleheads and the 3 fund strategy. I'm young(ish) enough that I go heavy on VTSAX. It's been very kind to me.

 

[Da_Aisijimo_Gou]

In addition to most brokers' own ETF or fund sites, ETF.com, Morningstar, Investopedia, Nasdaq.com itself, etc are other sources of specific ETFs or mutual funds of interest, e.g., Nasdaq tech 100 index, Equal Weight Nasdaq ETFs, etc.

https://www.etf.com/channels/nasdaq100-index-etfs

https://www.nasdaq.com/articles/equal-weighted-etfs-for-the-nasdaq-100-2021-07-16

Vanguard IT Index ? VGT

 

[Da_Aisijimo_Gou]

LINK <15 bucks earrrly AM ET: May tank further, but added small bit at 14.70

 

[Scud49]

Any thoughts on a NASDAQ index fund? I've been tech heavy, and they've been hit pretty had.

Oddly, it's easy to find and S&P fund/ETF, but not so finding a nasdaq fund/ETF.

As mentioned earlier by a poster, QQQ - or the 3x leveraged fund TQQQ.

 

[Hurleyman216]

I added some more ETH to my crypto portfolio…hoping this is near the bottom.

 

[the Q]

I added some more ETH to my crypto portfolio…hoping this is near the bottom.

I hope Bitcoin goes to a dollar

 

[Hurleyman216]

I hope Bitcoin goes to a dollar

I don’t care so much what Bitcoin does other than the fact that it impacts the price of other crypto. ETH is a pretty solid play in my opinion, especially because I bought more around $2350 and I think there’s more upside from here than downside

 

[UConnSwag11]

guy I follow on twitter thinks all this selling is about leverage and margin, not fear selling. Yet.

 

[Da_Aisijimo_Gou]

guy I follow on twitter thinks all this selling is about leverage and margin, not fear selling. Yet.

"all"? Nah, not all IMHO. Deleveraging/margin calls play a role, but other pretty obvious factors exist: inflation/interest rate increases (US, UK, EU likely to come), continuing pandemic impacts (disincentives for some people to return to work or seek work nationwide until some run out of money, current hospitalization rates still rising nationwide vs declining rates in some areas, e.g., Tri-state and MA, etc, Russia-caused instabilities, unclear mainland China instabilities, over bought US equities of all cap sizes across most sectors (less so in old energy, some financials, cyclicals), broad inexperienced trader reactions (cough, investors) and some more experienced LT investors alike, un-/underhedged investors jumping out, some institutions CYAing or capitulating, etc etc etc. Others, some nibbling. Just one broader opinion

 

[Da_Aisijimo_Gou]

I added some more ETH to my crypto portfolio…hoping this is near the bottom.

In smallish, aggressive self-managed accounts this morning, bought 1st ETH and more LINK <14 thanks to some exercised SPY and QQQ put profits. Hah, they'll probably tank more ST.

 

[UConnSwag11]

In smallish, aggressive self-managed accounts this morning, bought 1st ETH and more LINK <14 thanks to some exercised SPY and QQQ put profits. Hah, they'll probably tank more ST.

Do you trade options?

 

[Tenspro2002]

Bought some MRNA around 146. Wheeeeeee.

 

[LIuconn]

Scooped up more Voo schd schg today

 

[UConnDad]

That was me. They've got a game changing photonic process that will allow for faster data transmission using less electricity. Anyone in a data center will tell you the "less electricity" part is huge. Those of us that have it are hoping to hear about sales. This is currently a no revenue business that is between R&D and commercialization.

Is it a buy at his time? Seems to have dropped significantl.

 

[Da_Aisijimo_Gou]

Do you trade options?

Trading, heck no! Far from it, know my limits. Just bit of generic calls, puts, and far fewer straddles from time to time.

 

[Fairfield_1st]

Is it a buy at his time? Seems to have dropped significantl.

Everything has dropped significantly, unfortunately. In their case, their price went too high considering they haven't announced any deals yet. I would say do the research into their product and decide. I'm not a financial mind so I wouldn't feel comfortable saying it's a buy, but I whole heartedly believe in their product and that it will eventually be a game changer for data centers.
A snip from the 2nd link below. "Our technology is applicable to shorter reach datacenter operators, for whom decreasing power consumption is imperative to the bottom line of a facility."

Lightwave Logic and Polariton Technologies Achieve World-Record Performance for Ultra-High-Speed Modulators

/PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at...

www.prnewswire.com

Lightwave Logic Announces Breakthrough Low Power, Electro-Optic Polymer Test Results for Datacenter Applications - Lightwave Logic

ENGLEWOOD, CO / ACCESSWIRE / May 7, 2020 / Lightwave Logic, Inc. (OTCQB:LWLG), a technology platform company leveraging its proprietary electro-optic polymers to transmit data at higher speeds with less power, today announced that its latest electro-optic polymer material has exceeded target...

www.lightwavelogic.com

 

[UConnSwag11]

Woof. Facebook and PayPal