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OT: Stock trading

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Oil futures currently getting pumped back up over $40, "usually" bodes well for the general trend of the market, next day.
 
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I have used Fidelity for years and have not looked at other platforms for quite some time.
Fidelity has some zero cost ETFs. Have him buy and hold some total market shares to compare against his trading.
 
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Oil futures currently getting pumped back up over $40, "usually" bodes well for the general trend of the market, next day.
If that’s the case, please let oil futures be way down because today was brutal. Hope you guys fared better than me today.
 

the Q

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Same thing @uconndogs. Buying and holding is “trading.” No need to split hairs.

And I would totally encourage your kid to do this @tiger8mush. What a way to learn about saving, consumer trends, and the market in general. And if he takes a loss, that’s a good lesson too. Teach him about divesting as well! It’s also a good way to bond. Robinhood is all you need for this - I use it, and for this, I’d recommend it.

There is a big difference between trading and buy and hold investing.

A very big difference.
 

XLCenterFan

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There is a big difference between trading and buy and hold investing.

A very big difference.
For us, yes, we know this. But the average person hears "trading" and doesn't know the difference between buy and hold vs. day trading. All they know is someone is in the market.
 
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If that’s the case, please let oil futures be way down because today was brutal. Hope you guys fared better than me today.
Huge swing today, crazy
Tomorrow morning Delta comes out with Q2 earnings, hold on, probably will be fugly!
 
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Oil really showing a downward slide, could be at low $30's by weeks end.
 
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Huge swing today, crazy
Tomorrow morning Delta comes out with Q2 earnings, hold on, probably will be fugly!
Futures are pretty flat after such a bad day. I think we’ll see either a small bounce in the morning and then more ugliness or a rough first hour or two and a bounce back in the afternoon. Hedge funds and option traders like to cause complete capitulation, where novice investors throw in the towel on everything. I’m not caving in though because tech and work from home stocks are still the place to be in my opinion.
 
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Futures are pretty flat after such a bad day. I think we’ll see either a small bounce in the morning and then more ugliness or a rough first hour or two and a bounce back in the afternoon. Hedge funds and option traders like to cause complete capitulation, where novice investors throw in the towel on everything. I’m not caving in though because tech and work from home stocks are still the place to be in my opinion.

After hours trading already turned many stocks around. I am hoping Cali shuts down the Tesla factory again so people dump it, LOL I will be buyer again if it drops to around $1,000
 
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After hours trading already turned many stocks around. I am hoping Cali shuts down the Tesla factory again so people dump it, LOL I will be buyer again if it drops to around $1,000
Noooooo. No dumping, ha. Turned them around how much? I had stocks down 10-20 today and up only 2-4 after hours. Hoping for a much better recovery than that.
 
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Noooooo. No dumping, ha. Turned them around how much? I had stocks down 10-20 today and up only 2-4 after hours. Hoping for a much better recovery than that.
"Usually" the afterhours trend continues in the morning premarket. I think the Chinese pump things up in the afterhours.
 
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"Usually" the afterhours trend continues in the morning premarket. I think the Chinese pump things up in the afterhours.
Asian markets are down 1-2%. I stand by my prediction that we’ll be down tomorrow, at least for part of the day. Hopefully that’s it in the near term. I’d love to be wrong though!
 
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Asian markets are down 1-2%. I stand by my prediction that we’ll be down tomorrow, at least for part of the day. Hopefully that’s it in the near term. I’d love to be wrong though!
Yup, selling off.
 
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Yup, selling off.
Yup. Fortunately I sold some TSLA and Docu premarket at highs for the day. In for a bumpy ride today, buckle up. Played out exactly as I expected. Wish I was more liquid to buy more of the sales this morning. Added to LVGO at 92.50 though, very happy about that.
 
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Still wondering why Moderna is being hyped so much, they have never brought a vaccine to market. Pfiser is moving into phase 3 testing and has the means to actually produce and release a vaccine and the stock can't even touch it's 52 week high.
 

the Q

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Still wondering why Moderna is being hyped so much, they have never brought a vaccine to market. Pfiser is moving into phase 3 testing and has the means to actually produce and release a vaccine and the stock can't even touch it's 52 week high.

Yeah I’m wondering what I’m missing.

Really wish I bought pfe in the 33s.

35 wouldn’t be awful. It seems like a steal that low. But it hasn’t been that great (high of 40) for a while now. So it’s really not that much of a discount
 
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PFE 52 week high is %43.23

Frigging people were actually selling it off today, LOL Must be the so called Robinhood dolts.
 

the Q

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PFE 52 week high is %43.23

Frigging people were actually selling it off today, LOL Must be the so called Robinhood dolts.

Yeah. I’ve been wondering if that 2k I’ve been holding is cash is worth going to pfe. It seems underpriced, but it’s not wildly underpriced. But I’d be holding it for 35 years barring them cutting the dividend or something crazy like that
 
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Yeah. I’ve been wondering if that 2k I’ve been holding is cash is worth going to pfe. It seems underpriced, but it’s not wildly underpriced. But I’d be holding it for 35 years barring them cutting the dividend or something crazy like that


Yup, I am basically in it for the dividend.
 
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Tesla ahs been a beast, can't keep this monster down. And now I am hearing that Tesla will be putting charging stations at Waffle Houses. Shear Brilliance by Elon!!
 

the Q

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Yup, I am basically in it for the dividend.

There are probably better stocks just for the dividend. I might go with GSK just in that field.

But growth and income plays seems like it could be pretty good.

Payout ratio is a little higher than I’d like. And I think you’d see some profit limitations on a covid vax anyway. So maybe it’s not crazy?
 

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