I picked up more on Friday...at some point I'm either going to look like a hero or a zero. Time line is everything.

When you can't see the exit the only move is to go in deeper

Bought more the past few weeks. I am not worried.

If history is any indicator (and as always do your own due diligence ), this is par for the course for an American Thanksgiving week. Sometimes Mondays lately have done well, Tuesday and maybe tomorrow may tank with resurgence on Fridays because of the holiday week. I could be wrong.

I picked up some RBLX today on the dips. Looking at a few other things too, but wondering if it's too early.

Always buy in blocks of 2 or even 3...when the market is sinking. The cost averaging is a good strategy when you don't think the bottom is in just yet.

I was just going to post this. For active traders, the short week of Thanksgiving is usually down for most portfolios. Black Friday is a shortened day and is very slow. Usually more sellers so bargains can be had. Alas, I don't even bother making any buys with the exception of maybe a new vehicle, if I've had a good year....

I don't buy many high flying growth stocks, but I keep a watchlist of about 75. Nearly every one I'm clicking on today says it's at a 52 week low. Most of them are unprofitable companies right now. Either it's a good time to load up and make huge returns, or this is dot com part #2 for that type of company. I've started nibbling at a few that are either recommended by motley fool or big buys by the ARK funds. Getting in a little DKNG, FVRR, CHWY, NVTA, PINS, BABA, and PYPL today.

I just bought DOCN on sale. I'm still big time in the green from the IPO price. Price targets are still $160-$200.

if you are long term, I would be buying in the 180's

Sure seems like a no brainer compared to a lot of other falling knives. I started buying last week at 205, just in 5 share increments, but I bought 40 today. Scaling in bigger as it falls.

I'm seriously looking at *visa* stock & also *AT&T* stock. *AT&T* dividend yield is now 8.5% you guys think dividend is safe?? Am I missing something on AT&T???

If anyone has Red Rock Resorts (Station Casinos) shares, they are paying a special $3.00/share dividend for all shares at COB today, Nov. 23rd. Plus, they are offering to buy back shares at up to $53/share.
I received the notice in snail mail today, after the market closed. Which it does at 1pm out here....

They are in a tough spot. They have too much debt, their div payout ratio is Stoopid bad, they don't make enough money. If they cut the div, their stock easily craters into the teens.

If you need to own it, then it's a long term play. Your money is probably better off in another healthier div stock short term or long. I own it, roughly 3% of my ira. I won't be reinvesting my div there.

Do your research. Not trading advice.

They’re splitting up into 3 companies soon. The yield will be less when they do I think. I’m

I see your point and aware of at&t spin-off. At&t will cut there dividents naturally and shares should drop due to spin-off. I'm calculating this investment as 3 companies now, potentially 3 dividents checks, and upside of the other 2 because they are hidden value traps burried deep in at&t balance books? Not sure though. Getting hard to find screaming deals nowadays on wall st. Everything is a nosebleed prices

I started a V position after the fall
not sure about T, but I would take a look a VZ instead

I’m taking a chance on some long T and DISCA calls with dates past when the transaction likely happens. The $24-25 July calls are pretty cheap for T and sort of cheap for DISCA and you would get most of the upside if there is any. The market has to warm up to the deal as more details come out though.

It’s speculative though. Both companies will have a shit ton of debt post transaction. Lots of people are rotating T out of their portfolio bc they were in it for the dividend. Not sure what will happen but will be interesting to watch.

Try to refrain from buying anything just now. There is some kind of a reallocation going on right now. It could be just end of year tax loss selling but there maybe more downside. Energy is the easy bet if they dip more.

Any particular companies you are looking at? I have a small position in an energy index fund and it's moving up, so you may be on to something, again.

Must..get..it..green before the Holiday.
PPT not fooling anyone.

Kinda energy related: GRN (carbon ETN) has been steadily gaining for a while. Low trading volume but what the heck bought some earlier in the year. Has been gaining rather steadily... banking upon future carbon offsets being worth more, maybe?

https://www.ipathetn.com/US/16/en/details.app?instrumentId=369782

Check out any leading energy index funds - do your own due diligence

VDE
MSCI
IEO
XOP
PXE

Stuff like that

Yes.....index funds are a great way to cut down on risk

I own XLE, Exxon, Chevron and SLB..,although SLB has been a loser for me. Wall Street loves Chevron so if I was to pick one that would it. Index funds are much safer though, XLE. OIH, IEO and VDF are all great ETFs to invest in...Energy is a great medium term investment in an inflationary environment.

Oh fudge....hold on to your wallets, it's about to get bumpy.

https://www.bbc.com/news/health-59418127

Looks like the cows have come home to roost.

I do appreciate a good gargled saying.

I’m going to borrow this.

Gotta keep fear level high, just like before, some benefit from this fear.

Thank God for short trading day.
Black Friday it is. Everything is on sale.
I don't know, just just hold my ankles and take it up the ass, or dive in .

I'm buying aggressively, hopefully I'm not wrong about this being overblown. The variant can be more serious but there are viable pharmaceuticals on the market unlike the first time around....there is a lot of speculation of how bad this thing is, as history proves they'll panic and then calm down a week later.

https://www.itv.com/news/2021-11-25/how-much-do-we-know-about-the-covid-variant-first-identified-in-botswana

Many scientists have said people in the UK should not panic about the new strain as it is in the early stages of its development, meaning there is little widespread evidence of its effects.

In a series of tweets, Dr Tom Peacock, a virologist at Imperial College London, said that it “very, very much should be monitored due to that horrific spike profile”, but noted that it was too early to draw definitive conclusions.

Pfizer/BioNTech, which has produced a vaccine against Covid-19, is already studying the new variant’s ability to evade vaccines.

Experts have said vaccines can be changed to tackle new variants as they emerge.

BioNTech, the company behind the western world's most widely used Covid vaccine, said it expects more data on a worrying new coronavirus variant detected in South Africa within two weeks to help determine whether its shot would have to be reworked.

Should it be necessary, Pfizer and BioNTech would be able to tweak their shot within six weeks and ship initial batches within 100 days.

Australian Army Begins Transferring COVID-Positive Cases, Contacts To Quarantine Camps...I hope this kind of authoritarianism doesn’t spread or anything can happen.

Only where citizens are unable to arm themselves, so it wont happen here in the US.

Started a small position in Chevron this morning on the dip.

Thanks. Agreed that it may be 2 - 4 weeks of freaking out and whatever else happens but long term things should return to growth mode but watch the news carefully everybody. News is an excuse for markets to move in any direction .

There is enough fear in the markets as is without this misleading bullshit.

I think the market movement is a bit of an overreaction. Not much is known at this point. Could easily turn out to be business as usual. Or not. But no way anyone knows one way or the other right now. I am not much of a speculator, but I am a great spectator, so I will sit and watch. Not selling, not buying.

You know you make a good point....it could be a catastrophe or a tempest in a teapot, I'm trying to use the info we have and some logic to come up with that opinion. Could this thing be Covidzilla? Yes there is a chance but it's a variant and not something completely unique...also we've a had a pretty good dry run already, did you see how fast they put those African countries on the ban list? There is no computer modeling for our actions against it...the only have models how fast a virus can spread unabated and how long it can take to do A or B. They never have a massive, smart model that takes into account, flight bans, quarantine, contact tracing and other angles such as natural immunity and vaccine left over efficacy...that's why you see the herd panic. We're used to believing everything were told and never investigate past the headlines.

Is it selfish to wonder how bad it has to get to make the pinball machine price trend down instead of up?

Actually I am thinking economy has to get better because the pundits are saying with people working more from home and being bored, homebodies want pins at home and will pay for them. People need to get back to whatever the "new normal"' will be to spend money on travel, outdoors events etc so they won't have so much for pinball. Hoping then prices will go down. Just my thoughts on this. I suppose if things get super bad and economies topple the last thing people will care about is pinball machine prices (and they may drop a lot) but as of now I don't see it going that way here in America.

Interesting will be if interest rates trajectory continues towards raising rates depending on how quickly they either determine this strain is either some super spreader (though maybe not necessarily super fatal) or more of a "meh" most vaccinated people will not get it or if they do it will be mild.

I am of the opinion todays rout had much to do with Turkeys' currency crash and future ramifications as it spreads to Europe.
Extreme down days are "Allowed" to happen, a downward spike can be stopped by the Fed up to a point.
Again, just an opinion.
If it was allowed to drop to this degree perhaps its meant to drive home fear of this new "Variant"

Horribly selfish, Cause if pin collectors are affected, what is actually happening in the real world?

Come on man, don't hope for a crash in any sector.

I hate to say it but without news to the contrary about the new variant's effect the sell off will continue...but it will be limited because of the reasons I laid out in the previous post. If you have cash this is a buying opportunity...but do your own due diligence...I'm just making an educated guess.

To be honest, I'm not worried. Maybe right now isn't the buying opportunity, but I think it's already been proven...no one cares. Where are people going to put their money? It isn't going to be their savings accounts. Sensibility isn't what drove the market this year. Companies complaining about lack of workers, products behind and out of stock, all time high prices, yet companies still reporting record profits and the market at all time highs less than a year after. Other companies values in multi billions with no 'profits' for years, yet the stocks skyrocketing. None of it makes sense. It's all fake and hyped up. Even if it comes tumbling down, it will come back up in a few years.

News.

E7F2B9E2-8499-468D-AD55-4F9E9F1C971D (resized).png

Sad that our economy can so easily make profits while cutting out our workforce. Not a recipe for long-term stability.

The management's new planned dividend payment policy would likely cut the dividend by about 50% what it is now. The spin offs are unlikely to pay a dividend as Discovery already doesn't pay a dividend, and they'll be inheriting debt from AT&T that they'll have to pay. Theoretically it's possible that they do but I would plan on the worst case that way it's an upside if you get more than what you expect, not a loss if you get less.

Anyways though definitely don't look at AT&T as having an 8-9% dividend yield because that is back-looking at previous dividend payments that are not planned to continue. You can find other businesses paying yields like that but typically will have to look in other markets, America is very expensive right now overall.

50% of reserves released. They ain’t messing around.

https://amp.cnn.com/cnn/2021/11/28/business/canada-maple-syrup-reserves-shortage/index.html

Lol....I thought it was oil.

Got me worried, I thought energy stocks were going to take in the shorts on Monday.

Why is that? Continuing the Friday dip? Deciding between a few things to buy Monday morning.

Could be more losses tomorrow! Canada has the necromonicon variant. Chances are pretty good we, the USA, have it already.

I'll be looking at buying some value plays. No way we go into prolonged shutdown again. Buy the fear!

I was saying absent good news, the sell off will continue, however, there are some encouraging news that came out over the weekend, Moderna CEO said they would have a vaccine for Omicron variant early 2022...also news from S. Africa's epidemiologist was that the sick numbers was largely concentrated in the unvaccinated.....that last part is why the market is green today, well so far, it might still run out of gas in the afternoon.

Yeah, personally I am sitting it out because not sure how much is dead cat bounce of relief. The underlying interest rate concerns may be an issue still outstanding. Congrats though on getting a pop this morning