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06-07-2022, 10:54 AM | #12946 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-239523
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Suggestion from CNBC is to go ahead and do some tax harvesting now and move over to other winning stocks even though they are down too. I've thought this makes sense for the last month or two.
If you like Apple and Google and have invested in one of the two at some point this year ,consider selling Appl at a loss and moving over to Google for the eventual ride up. Or vice a versa. |
Posts: 40,658
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06-09-2022, 05:15 PM | #12947 |
It was not a fair catch
Join Date: Aug 2012
Location: Correcting papers
Casino cash: $852630
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Good God almighty. Down 600?
Sent from my SM-G991U using Tapatalk
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#investigatecarlcheffers |
Posts: 38,668
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06-09-2022, 08:39 PM | #12948 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-148100
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Posts: 46,167
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06-09-2022, 09:10 PM | #12949 |
MVP
Join Date: Mar 2019
Location: KC
Casino cash: $3420400
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BSM seems like a decent stock and it has a dividend as well.
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Posts: 7,623
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06-10-2022, 07:37 AM | #12950 |
Veteran
Join Date: Dec 2019
Location: Ohio
Casino cash: $-159600
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It’s like a giant game of limbo in the market. I am starting to think that applying the drunken sailor model to our monetary policy the past few years was not the best idea. I don’t want to jump to conclusions (that should only be for board games), but I am leaning that direction.
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Posts: 1,831
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06-10-2022, 07:43 AM | #12951 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-239523
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Posts: 40,658
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06-10-2022, 07:44 AM | #12952 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-239523
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Absolute blood bath this morning!
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Posts: 40,658
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06-10-2022, 09:05 AM | #12953 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $1228491
VARSITY
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I was very much expecting a better inflation report today. That's disappointing on a number of fronts.
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06-10-2022, 05:04 PM | #12954 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $681110
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When you think something can't go lower it does.
The Fed has been horrible managing this inflation. This won't end anytime soon unless the Fed shocks the market with a 1% rate hike to stop this crap in its tracks.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
Posts: 53,057
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06-10-2022, 06:06 PM | #12955 | |
MVP
Join Date: Oct 2006
Location: West of the Equator
Casino cash: $-170099
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Quote:
Stock market pain for at least four more months. |
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Posts: 13,767
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06-10-2022, 06:14 PM | #12956 |
MVP
Join Date: Mar 2019
Location: KC
Casino cash: $3420400
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Posts: 7,623
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06-10-2022, 06:31 PM | #12957 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $681110
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The problem we have is there is still a lot of cash floating around.
People bottom fishing, so much traveling, sporting events, restaurants and so much more. Retail investors are not tossing in the towel yet. It's a slow bleed out.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
Posts: 53,057
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06-13-2022, 06:52 AM | #12958 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-148100
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Prepare thy anus!
S&P back into bear market territory. |
Posts: 46,167
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06-13-2022, 12:19 PM | #12959 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $224734
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Goddamn it. I bought some GE because I though the chart looked pretty good. And it did outperform the s&p for a couple weeks. Now it’s gapped down 2 days in a row.
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Posts: 58,340
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06-13-2022, 03:28 PM | #12960 |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $-281532
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The butthole has been puckered since late last year. I haven't done much in the markets other than watch my money dwindle. The dollar has been flying up. DXY basket has the dollar up 16+% in the last year against developed peer currencies like EU and the Yen. That seems like a really big move to a FX outsider
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Posts: 6,515
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