Hopefully the uncle Joe stimmy hits and Ryan Cohen of named CEO this week. Then it will run and run

I do not not the is plenty so do on this reddit page. They post stocks easily in the morning that they are watching such as gapping up, high volume, and catalysts. Then I do my own research with the mentioned stocks

https://www.reddit.com/r/Daytrading?utm_medium=android_app&utm_source=share

Sounds like it's entertainment in this instance?

If you buy an index fund and hold you’ll get average returns.

People that stock pick and jump in and out, some will be better than average some worse than average.

If it was easy to beat the average returns than index funds would not be necessary.

There have been studies showing that S&P500 returns almost 10% but the average investor only gets 5% because they do dumb shit like selling when there’s a crash or picking the wrong stocks.

Not everyone does worse, but overall studies show on average those who actively trade or time the market etc. don’t get above average returns.

https://www.thebalance.com/why-average-investors-earn-below-average-market-returns-2388519

It is exciting to pick a winning stock if you had been early on Amzn or Tesla you could have been fantastically wealthy.

Example if you had invited $10k in Amazon in 1997 it would be worth $12M in May of 2020.

That’s fantastic wealth but it’s also almost like winning the lottery because it’s hard to figure what’s going to 1000x in 25 years.

I got fortunate with Aapl but I totally missed Tesla and missed most of Amazon because I backed Apple with my money.

Someone who owns a S&P 500 or total market fund fund will benefit from Tesla, Amazon, Google, Apple etc. you get them all but unfortunately also get the bad stuff.

I didn’t invest in Apple until they had come out with the iPhone. But if you were an early investor in Apple they almost went bankrupt in 1997 so it might have looked bad if you had everything or a lot invested in Apple back then. A lot of people probably sold their Apple shares which doesn’t look smart now. Hindsight is 20/20.

I need a little advice.

I am looking to start doing some trading, but unsure of which platform I should use. I am currently leaning towards TD Ameritrade, or Webull as my platform. I prefer a desktop experience over mobile apps, but will sometimes use my cellphone if needed.

The TDAmeritrade platform appears to have more detailed information, but the interface looks to be a little more complex. Webull is offering 2 free stocks to sign up, and the interface is a little easier to navigate.

I won't be doing a bunch of speculative trading, but would rather look into holding more dividend stocks, and longer term purchasing of individual stocks. I may also do some selling of puts to purchase stocks I would like to hold.

I like TD. And their thinkorswim app for both desktop and mobile is amazing.

Completely agree with this. I've been very happy with TD especially the thinkorswim desktop app.

A fellow Annipolitan! Sweet!. TD Ameritrade gets rave reviews from people that I know that use it.

Back in the green on CCIV!

because people like, and get addicted, to gambling --- so buy gambling stocks

Because I enjoy it, it's that simple.

Gambling stocks are on a roll right now!

they are - gambling industry is never going out of business
I bought MGM last march, no clue why I didn't research others at the same time - should of been a no brainer, not sure what i was thinking

I have MGM, GNOG, and DKNG. I think PENN is priced to perfection right now, so not hopping into that.

SOS is finally mining some bitcoins. Nice to see some positive news.

https://www.lelezard.com/en/news-19698930.html

Speaking of gambling, I (by which I mean meme luck) tripled my investment on SNDL a month ago and I'm hoping for another nice bump this week when their earnings come out. I have 420 shares at 1.35

¯\_(ツ)_/¯

YOLO

But more seriously PXD has been very nice to me the past month

Agree with you on this point. Building wealth and gaining the knowledge on how to build wealth takes time and experience. I hope the WSB guys make money but for most, it is going to more than likely end in tears. They are betting the farm on diamond hands as opposed to ringing the register. Greed and groupthink are dangerous, and it shocks me how little DD folks do. Not putting people on blast, but seeing folks say they are not doing DD on stocks or begging people to let them know when an IPO is coming out makes me cringe. You have to put in the work. Otherwise, go put it all in an index fund and forget it.

If you're losing 25k at any stage of the game then you're not doing it right.

100% agree and
I would add a market like the 2nd half of 2020 is dangerous also
A monkey throwing darts at stock picks would of made money
Makes newbies think it's easy and they can't loose.
Next 15-20% drop is going to shock a lot of people

Thanks for the advice. I was leaning towards TDA, so this just reaffirms what I was thinking.

Another TDA recommend from me. I've only done minimal buying/trading so far and have no complaints. But my recommend is because with the thinkorswim app you can do some practice trading with fake money. I've recently been using it to try and get a better handle on options trading.

AMC, FOUR, and MGM are looking great today!

MGM

Reopen to 50%

+sports gambling app

What’s next? Higher and higher

On another note, Flutter looking at spinning off Fanduel

This pick isn’t as exciting or new as a lot of picks but it’s stood the test of time. Walmart. They are doing a great job of increasing online exposure, are pretty solid, and pay a dividend. Stock price took a bit of a hit when tech got hammered last week, checked a minute ago and it’s at about $133 a share. I think Walmart is a tank and just works whether it’s pandemic or reopening.

OK, I think that is relative to how much you invest.

BTW - I know I'm the only uranium pumper here, but today's gains so far:
URNM up 5%
UEC up 9.3%
URCCF up 5.75%

total gains:
URNM 27.49% bought 2/5
UEC 33.49% bought 3/9 - 3/10
URCCF 10.36% bought 3/10

Why is AMC up?

Hey! Another WMT guy in here! It is by far my largest holding and I feel like it is a buy right now. I added more a couple weeks ago when it was around 130. I think that if Walmart wanted to, they could crush Amazon. They already have the distribution centers with all of their stores. Their online store is already pretty good and they could add a streaming service and a "Prime" sort of membership (that could even tie-in with Sam's Club memberships) and just do what Amazon does, but better in some ways. Imagine an Echo type of Walmart device that just automatically orders and has your groceries delivered once a week (or have them ready for you to pick up at the local store). Maybe they'll never do these things but it would make their share price soar if they ever did. That's what I'm hoping for and just taking the slow and steady gains in the mean time.

They started to announce reopenings in various states including California

And probably some meme factor

TD is my custodian for my clients. They have been great.

Charles Schwab bought TD and they haven’t said a whole lot about any sort of transition thus far other than “it’s a ways off” from doing anything

I picked them because of the independence. No proprietary etfs or funds like Vanguard, Fidelity and Schwab.

No conflicts of interest

Strange that Riot is up with Bitcoin down.

The media is going to have to start catching up with the reality Concrete. Hope you are doing well btw brother!

Reopenings and vaccines ramping up full speed, with the exception of a few clueless lockdown states left

Opportunity still exists to beat the herd

MGM is a great example. Did anyone think Vegas would stay locked down? How about go to 100% in a few months?

Airlines are packed. Biggest volume of travel this weekend by far and increasing weekly

I like COST better

They want to, and they have been trying

Agree. COST and TGT are much better positioned than WMT.

People like to shit on Brick and Mortar. The reality of it is WMT has the ability to really challenge AMZN, and already has a presence in practically every town in the US. People want their stuff immediately, and WMT has the opportunity to leverage their stores and distribution centers to achieve that. AMZN has been trying to gain a physical presence but it hasn't really seemed to work out thus far.

That being said, my orders with WMT online have been disastrous. I had an order show ready for pickup, the store didn't have it. The store claimed independence of walmart.com, and I needed to go home and sort that out with a different support number. It was really frustrating, and another order placed a few months later had a price discrepancy between the online price (for that store) and the in-store price. The store wouldn't honor the online price, again claiming to be a completely different entity.

They really need to rebrand and get their shit together. All of the pieces are there, but the company really needs a unified and cohesive approach.

What other opportunity stocks do you recommend besides the gambling sector? I already have plenty of MAC.

Walmart has a reputation for selling bad Chinese products cheap, not so great customer service, and not paying it's employees well or scheduling them for full time hours. I really don't see the company operating like Amazon or challenging them, in 10 years I could see them going the way of Macy's and Sears if they don't seriously up their game.

Most of that is also true for AMZN. I don't think WMT is going anywhere, but they really need better direction to ensure that.

Funny, but a lot of people go there to cash their paychecks and when they have cash, I imagine they shop.

Oil & Gas

OIH, PXD, SLB and others. I did a screen shot a while back from Tom Lee. Check it out

What fuels planes, trains and automobiles? And boats.

Summer demand along with constrained supply from current administration along with the Saudis back in control will lead to $90 a barrel oil and $5 at the pump this summer.

It’s what they want. Max pain. Less than one half of one percent of car sales are EV. I think that’s outside of Calif?

Regardless, they are making money hand over fist at these prices!

Look at the 5 yr chart of OIH to see what could be coming

WMT has been a decade of bad execution. I own stock under the hopes they will figure shit out, but they never do. Grocery Store, Costco, Walgreens Pharmacy, and Dollar General are my frequent brick snd mortar stops. I only hit Walmart when forced. WMT has a horrendous checkout experience.

I do not shop at WMT other than once or twice a year (speaking directly, I hate the experience and find them to be downmarket) and do not invest in them because of that. With that being said, you can make money with WMT. It's not like it is a bad stock, I just like others better in that sector due to all the reasons I posted a few days or so ago (they are behind in their tech, they are not as aspirational as COST and TGT, and they are not as cheap as Dollar Tree/Dollar General).

MAC working today. Time for reopen reality liftoff. Yep.

I shop at Walmart all the time. It is so convenient to have so much in one store and they have good produce and meat (Sam's is even better for both). Unfortunately there is no Costco where I live. We have Target but it's not a Super Target and the only thing better about Target than Wal-Mart is the hot moms seem to like Target more and I like hot moms (though now they're all wearing fucking masks). I own shares in Wal-Mart, Costco, and Amazon. I also don't always have to like a company to own shares of that company because I understand that people are different than me. As I've said before, I think Apple products are crap but I own shares in Apple. I don't drink coffee and wouldn't see why anyone would pay $8 for coffee but I would buy Starbucks shares if the price seemed right. I admit that Wal-Mart has their problems but they are still a titan of retail and grocery so the foundation is there to be great.

Hell yeah brother!!!! My investment (not gamble ) is paying off! But again: When Do you take profits on this one? How much can MAC grow?

You posted an article saying 50-75 bucks but is that realistic?

That was a weird deal when MAC shot up and then that pension fund dumped it and it went down. The stock seems like a good value at this price.

Patience. No I’m hoping for $30-$35 which I believe is fair value

I’m out of all of these barbell stocks over next 6 - 9 months

Long term? Buy more Apple now, PINS, SHOP etc etc