OT: Stock trading

[B1GEast]

Boeing below $130?

Buying more.

Lockheed Martin is a better long term play, it's expensive, but the F35 program and the new Korean fighter program will continue to provide profit.

Boeing's experiencing issues with delayed dream liner delivers and 737 groundings. The Apache is being replaced and Boeing is not sure to win the next generation attack copter.

I like BA, but I would not be surprised if it drops a bit more then flattens for a while. Just my 2 cents

 

[Chin Diesel]

Lockheed Martin is a better long term play, it's expensive, but the F35 program and the new Korean fighter program will continue to provide profit.

Boeing's experiencing issues with delayed dream liner delivers and 737 groundings. The Apache is being replaced and Boeing is not sure to win the next generation attack copter.

I like BA, but I would not be surprised if it drops a bit more then flattens for a while. Just my 2 cents

Yeah, Boeing's commercial siding is a major drag bit I like it for a nice turnaround in a year or two.

For pure defense Northrop Grumman has done me well. Used to have Lockheed stock but swapped it for Northrop.

 

[uconntoatl]

Let the games begin. Staking going live in December…CCIP soon to follow.

 

[HuskyCLT]

I know not everyone here is into crypto but I’d recommend looking into ISO 20022 compliant crypto sooner than later if you haven’t already. These are set to replace the global cross border financial transfer system. Huge opportunity, I personally like Hedera (HBAR), Quant (QNT) and Ripple (XRP).

The Biggest Change to our Financial System in 50 years is happening in November…

International Payments are moving to the blockchain — ISO 20022

medium.datadriveninvestor.com

 

[Chief00]

“We want to buy good companies when they’re on the operating table”. - Uncle Warren Buffett

The chain reaction accident is still in progress. The ambulance hasn’t come yet.

 

[UConnSwag11]

Yeah, Boeing's commercial siding is a major drag bit I like it for a nice turnaround in a year or two.

For pure defense Northrop Grumman has done me well. Used to have Lockheed stock but swapped it for Northrop.

Look into cyber defense names for the 21st century

 

[HuskyHawk]

The chain reaction accident is still in progress. The ambulance hasn’t come yet.

The ambulance is there, but the EMTs are a group of serial killers we call the Fed, doing their best to kill the patient.

 

[Chief00]

This is why I caution about the dead cat bounce. Not the time to go for head fakes.

 

[Scud49]

YANG (3x China bear) has been on the rise. Lots of bad financial news coming from that country as of late.

 

[I Bleed Blue]

Sooo META got absolutely smoked after hours today. Google down quite a bit today too. Tomorrow should be fun.

 

[UconnU]

This is wild. 32 billion dollar “valuation” to bankruptcy. A billion in client funds missing. The founders were arrested in the Bahamas. What scumbags these people were.

At least $1bn in investor assets missing after FTX collapse – reports

Sources tell Reuters funds were part of $10bn founder Sam Bankman-Fried transferred to his hedge fund

www.theguardian.com

 

[formerlurker]

This is wild. 32 billion dollar “valuation” to bankruptcy. A billion in client funds missing. The founders were arrested in the Bahamas. What scumbags these people were.

At least $1bn in investor assets missing after FTX collapse – reports

Sources tell Reuters funds were part of $10bn founder Sam Bankman-Fried transferred to his hedge fund

www.theguardian.com

are.

Much much safer ways to build wealth.

 

[UConnSwag11]

 

[Chief00]

Earnings revisions downward in a lot of sectors.

 

[CONN78SEJ]

Earnings revisions downward in a lot of sectors.

The stock market has been overbought for years now. Only way to make money on Wall Street now is to sell it short.

 

[temery]

Vanguard won't allow me to buy certain stocks.

Anyone know if Fidelity has the same policy?

Vanguard does not allow purchases in OTC securities except for some American Depositary Receipts (ADRs).

 

[Chin Diesel]

Vanguard won't allow me to buy certain stocks.

Anyone know if Fidelity has the same policy?

Vanguard does not allow purchases in OTC securities except for some American Depositary Receipts (ADRs).

Dig a bit deeper within Vanguard for the reasons.

They got out of penny stocks about a year ago. I have an IRA through them which is a combo of Vanguard Funds and individual stocks. A couple of my "penny" stocks got shut down within the last year where I can hold them but I can't buy more of them or buy in to other penny stocks.

Basically Vanguard is really good at funds and wants to discourage their investors from chasing penny stocks.

 

[HuskyHawk]

Vanguard won't allow me to buy certain stocks.

Anyone know if Fidelity has the same policy?

Vanguard does not allow purchases in OTC securities except for some American Depositary Receipts (ADRs).

Supposedly, yes. if you give me a ticker symbol I can confirm whether it is available.

Does Fidelity trade OTC stocks? - Brokereveiws Financial Community Discussions

Does Fidelity trade over-the-counter (OTC) stocks, and what are the fees attached to this? Do you know if Fidelity has a day trade counter?

www.brokereviews.com

 

[CONN78SEJ]

This is why I caution about the dead cat bounce. Not the time to go for head fakes.
View attachment 79608

Lol……dead cat bounces and head fakes? Don’t you people realize that the market has pretty much gone straight up since 2009?

 

[temery]

Supposedly, yes. if you give me a ticker symbol I can confirm whether it is available.

Does Fidelity trade OTC stocks? - Brokereveiws Financial Community Discussions

Does Fidelity trade over-the-counter (OTC) stocks, and what are the fees attached to this? Do you know if Fidelity has a day trade counter?

www.brokereviews.com

NLCP

 

[Hurleyman216]

I don’t see this as a dead cat bounce. It’s looking more and more likely that we may be able to avoid a deep recession and we have inflation under control. The gravy train is over for some middle managers at large cap high growth tech stocks (Google, Facebook, Amazon, etc.), but overall the economy is very strong. The market could see another 15-20% move up in the next few months but I expect it may cool a bit this summer before taking off again. Now is the time to get back in if you’ve been waiting.

 

[Tuna]

Lol……dead cat bounces and head fakes? Don’t you people realize that the market has pretty much gone straight up since 2009?

And that's a good thing?

 

[CTBasketball]

I don’t see this as a dead cat bounce. It’s looking more and more likely that we may be able to avoid a deep recession and we have inflation under control. The gravy train is over for some middle managers at large cap high growth tech stocks (Google, Facebook, Amazon, etc.), but overall the economy is very strong. The market could see another 15-20% move up in the next few months but I expect it may cool a bit this summer before taking off again. Now is the time to get back in if you’ve been waiting.

Credit card debt at an all time high, unpaid car loans at an all time high, earnings down in big sectors, interest rates high, inflation high, national debt to GDP getting worse, housing finally plateaued thru all of this…

If it moves up 20% I’d triple down on a massive recession soon.

 

[Hurleyman216]

Credit card debt at an all time high, unpaid car loans at an all time high, earnings down in big sectors, interest rates high, inflation high, national debt to GDP getting worse, housing finally plateaued thru all of this…

If it moves up 20% I’d triple down on a massive recession soon.

Don’t think you guys fully understand how the markets work…it’s looking 6 months out which means right now in terms of the markets it’s looking at August. The market corrected last year in anticipation of a recession, but the leading indicators of that recession (high inflation and high wage growth) are both coming down significantly.

 

[CONN78SEJ]

And that's a good thing?

No, of course not. Anyone buying stocks now long term (more than 6months) is taking a huge risk. I’m heavily invested now in the TZA and the FAZ (to a lesser extent).