Quoted from nwpinball:Alot of us also invest in crypto, I know it's crazy to you old timers, but there is money to be made there.
Fixed this for you...
but there WAS money to be made there
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Quoted from Roostking:I'm just glad I put a bunch of money in stock market so inflation didn't eat up my cash LOL
I thought the same. I've been putting in a little every day for weeks. About 60% invested in my brokerage account now, but still only maybe 20% in all my retirement accounts. I kind of expect we're quite a bit higher Friday than we are right now. Just need to get the Fed meeting in the rearview mirror. It's trying to bounce now.
Two of my high growth slaughtered stocks are green now today, and 3 more are only about 1% from going green. That's promising.
I've been accumulating UPST. I really think if they continue to execute they are a $1000 stock in 5 years. I want 1000 shares. I bought 200 this morning at $80. I already had 200 at about $115.
Quoted from Methos:Started to pull everything out last week and finally did the last today. I'll go back in when the bloodbath is over.
Yup. Go all cash if you can. Screw the Divi’s
I listened to this guy a few days ago…I owe him lunch.
F8655475-A092-47FC-8498-3F1E53F55553 (resized).pngHere we go! 20 years until retirement so leaving my 401k right where it's at. Don't pull your 401k out if you have 5+ years until retirement like some people did in March of 2020.
You should buy or sell on the fundamentals. Profits or earnings propel the stock market up. We're just coming off of record profits, so yeah the profits will not be as good (I wrote about peak earnings a few months ago), but most of the quality companies will still make money just not as much...so as long as there is profit being made the market will hold. This sell off is just the natural repricing for the market for lower profit expectations. If there is a bubble I can't see it...we don't have crazy borrowing, crazy valuations (except for AARK crap and memes).
Probably not a bad idea to buy say GM, or Ford today and then make 10% tomorrow on the rebound. Tomorrow's headlines "Russia Ukraine tensions ease, stocks rebound" lol.
Quoted from PanzerFreak:Here we go! 20 years until retirement so leaving my 401k right where it's at. Don't pull your 401k out if you have 5+ years until retirement like some people did in March of 2020.
Hell no... if you are invested for the long term don't run away.
Learn from the people who bailed in 2018 or March 2020 only to miss out on the great run of the last few years.
It's going to get ugly but thats part of investing long term.
Quoted from Elvishasleft:Hell no... if you are invested for the long term don't run away.
Learn from the people who bailed in 2018 or March 2020 only to miss out on the great run of the last few years.
It's going to get ugly but thats part of investing long term.
Not everyone missed on the bounceback gains.
Quoted from Methos:Not everyone missed on the bounceback gains.
I timed the top just right, and only missed the bounceback by about ~5%....not that it matters now lol.
Quoted from BMore-Pinball:PINS in the green today
I bought some at the close Friday. The average rev per user has tons of room to grow, but they need to stop the user decline. Pretty good risk/reward at these levels. I still don't like the site, but I'm not the target user for them.
Quoted from loneacer:I bought some at the close Friday. The average rev per user has tons of room to grow, but they need to stop the user decline. Pretty good risk/reward at these levels. I still don't like the site, but I'm not the target user for them.
I got back in on Friday also under $30
Used a pile of cash for a VERY short term (less than three hours) bet on SQQQ this morning (as well as last Friday). Did very well for those stressful little windows. I hate day trades, continuously updating price bracket alerts so I don’t get caught with my pants down, but sometimes a crash is an opportunity if you’re nimble and can stomach some stress.
Quoted from loneacer:Crazy, but not totally unexpected if this goes green today. About half my stocks are green now, some over 10% up now (CHWY for example). Shorts and longs want to close positions before the Fed.
Yeah, that was some serious whiplash.
Some stocks I bought this morning finished up 10% from where I bought them
Yeah..what a joke...at one point I was down $20k, at the EOD I'm down $1800. You have to use days like this to make some trades. It's a risk of course, but only if the narrative tells you it's a BS sell-off. Nasdaq was down almost 20 percent, SP was down almost 15% that means the market had already corrected for the interest rate hike so why should it keep selling off unless there is a reason for it, and we just don't have a good reason for the whole market sell-off. No profit dotcoms, yes, techs that have runup a 100% since last year...yeah sure, but profitable industrials, financials and pharma....no.
Quoted from Zablon:lol...I must have already lost all my losses, because I was only down $400 today, and ended about even. It just looked like any other day where I didn't drop 2k in the day.
The selling is not over yet...we need confirmation that we put in a bottom. Tomorrow will be a tug of war...let's see who will win.
PS: after confirmation of a bottom buy NASDAQ because that one is the one that's going to spring back the hardest....AMZN, FB, AMD, NVDA etc...basically all the good ones that have big profits, but stay away from the unprofitable names and Arkk stocks.
I think today was mostly short covering. If you remember March 2020 there were huge down days followed by huge up days. Shorts cover, stocks recover, then the selling resumes a lot of times. The S&P 500 is below the 200ma, that's bearish until we get back above that as it will offer resistance to any upward movement.
Quoted from taylor34:I think today was mostly short covering. If you remember March 2020 there were huge down days followed by huge up days. Shorts cover, stocks recover, then the selling resumes a lot of times. The S&P 500 is below the 200ma, that's bearish until we get back above that as it will offer resistance to any upward movement.
nah you haven't seen anything yet.
2022 is going to be a shitshow.
I think after the Fed talks tomorrow we will get direction one way or the other......I'm hoping Powell doesn't throw gas on the fire so I'm going long but still keeping a little cash reserves if it goes against me.
Quoted from nwpinball:Energy stocks seem like a good investment for the next year, what do you like? I picked up some CDEV a few weeks ago, they are an independent oil and natural-gas producer with a low entry point. The stock has popped over 10% since the first of the year.
CDEV has jumped over 10% today, it's up 17.5% since I bought it.
I know there's no answer to this, but at what price do you start looking at Apple and Microsoft again?
These two, along with SPY did me very well.
ENERGY is up +16% ytd while technology is down -13%.
The best performing sector in 2021? ENERGY
And it trades at 12x. Prices still disconnected from $85 a barrel going to $100 
I’m a broken record I know
Looks like MSFT is going to boost the entire market short term with Fed speak on deck tomorrow and AAPL on Thursday.
Huge two days coming up
Quoted from iceman44:ENERGY is up +16% ytd while technology is down -13%.
Thanks for your help. Can you recommend an energy fund for someone who knows little to nothing regarding this sector?
Quoted from hank35:Thanks for your help. Can you recommend an energy fund for someone who knows little to nothing regarding this sector?
ETF wise go with the XOP over the XLE. More balanced/equal weight over 62 positions versus the XLE which is I think still 44% Exxon and Chevron roughly.
U.S. economy grew 5.7 percent in 2021, fastest full-year clip since 1984, despite ongoing pandemic. 6.9% growth in the last full quarter.
https://www.washingtonpost.com/business/2022/01/27/gdp-2021-q4-economy
And yet the market is still going down...
Quoted from DCFAN:I have been holding Exxon stock for a long time now. It has been nice getting a healthy dividend for years while the stock was down but now up.
Me too..I doubled my position when it went down to 40's....still have most of it.
In other news....
Is it time to buy? I think so....I know it's risky but that's when you make real money
Cramer: stunning-- tenth day in a row that decliners outpaced advancers-- nothing like this in two decades.. Relentless
Quoted from RandomGuyOffCL:Yup. Go all cash if you can. Screw the Divi’s
I listened to this guy a few days ago…I owe him lunch.[quoted image]
Lol. This moron says it every year and he’s missed most of the best bull run in history.
ENERGY up 18% ytd
66145419-4839-4B7E-B403-9B47E1EDB1F6 (resized).png73D0C914-0A78-459F-9021-8819B9DBB0E7 (resized).pngF4BF7A82-CA88-4CAF-9C32-3DF9DDA7D11C (resized).pngThat dude is a Throw Spaghetti at the Wall type. Something will eventually stick and he can claim he’s Nostradamus.
While others are selling and in panic mode I did add back some of my favorites that got woodshedded
ZS, NVDA and TTD.
TWLO, MELI, SHOP, UPST, DOCN, SE etc on the carnage list. PINS in the doghouse. Let’s see what earnings bring these next two weeks
Was it a buy on confidence in the company or they sold it short and are now covering the shares?
Quoted from kvan99:Hmm...Insider buying: Reed Hastings Purchases $20 Million Worth Of Netflix stock after Ackman buy. It's a good signal to pick up some NFLX.
Also NVDA closed above the 200 SMA....bullish sign[quoted image]
Quoted from DadofTwins:Was it a buy on confidence in the company or they sold it short and are now covering the shares?
Reed Hastings is the CEO, he's trying to show the stock is cheap so he's putting up money from his own pocket. NVDA is bouncing off the 200 day line....short covering or buying is still bullish.
Quoted from iceman44:While others are selling and in panic mode I did add back some of my favorites that got woodshedded
ZS, NVDA and TTD.
TWLO, MELI, SHOP, UPST, DOCN, SE etc on the carnage list. PINS in the doghouse. Let’s see what earnings bring these next two weeks
Well that was timely.
Buy fear and panic and when there is blood in the streets?
Grantham crawl back in his hole for now 
Quoted from gambit3113:That dude is a Throw Spaghetti at the Wall type. Something will eventually stick and he can claim he’s Nostradamus.
He’s got nothing on Bill Fleckenstein, the perma bear since 2002 that is still calling for DOW 10,000.
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