Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[ChiTown]

Originally Posted by Camaro

I’m self employed, I’m leaning towards vanguard.

Same.

I have a SEP IRA as part of a managed account.

[Hammock Parties]

YES!!!!

Positive US-China trade vibes are propelling Asian markets higher

Hong Kong (CNN Business)Asian stocks advanced Monday, boosted by positive signals about a potential US-China trade deal.

Hong Kong's Hang Seng Index (HSI) opened up 1.1% and widened the gains to 1.9% in early trading. It's the top performer so far among major indexes in the region.

Investors may also be paying attention to election results in Hong Kong. Pro-democracy candidates appear to have made major gains in the city's District Council elections. The elections have been framed as a de facto referendum on the almost six months of ongoing protests in the semi-autonomous Chinese city.

Meanwhile, South Korea'sKospi index (KOSPI) gained 1.2%. Japan's Nikkei 225 (N225) also rose 0.9%, while China's Shanghai Composite Index (SHCOMP) improved 0.7%.

On Friday, President Donald Trump told Fox News that the United States and China were "potentially very close" to reaching a deal.

Chinese President Xi Jinping also said Friday in Beijing that he wanted to work out an agreement based on "mutual respect and equality," according to news reports.

The Chinese government on Sunday calling for stronger protections of intellectual property rights. That kind of action, though, would address a key concern by the United States as the two countries negotiate a trade deal.

US futures rose during Asian trading hours Monday following a higher close at the end of last week. Futures for the Dow (INDU), S&P 500 (SPX) and Nasdaq (COMP) were up between 0.2% and 0.4%.

[RunKC]

Not a good outlook this week. Market down already and the December 15th tariff day will have a big impact. Thinking a 5-7% pullback is possible

[lewdog]

I've got a large chunk sitting on the sidelines after cashing out a few positions last week.

Let's ride this down and I'll buy back in (not IQ though).

[MahiMike]

Originally Posted by lewdog

I've got a large chunk sitting on the sidelines after cashing out a few positions last week.

Let's ride this down and I'll buy back in (not IQ though).

Smart

[TinyEvel]

In 1997 I spent $4500 on vintage toys and Evel Knievel collectibles.

If I had bought Amazon stock with that money, it would be worth 5 million dollars. ��

[Buehler445]

Originally Posted by TinyEvel

In 1997 I spent $4500 on vintage toys and Evel Knievel collectibles.

If I had bought Amazon stock with that money, it would be worth 5 million dollars. ��

So the Knievel stuff isn’t worth $5M. Huh.

[lewdog]

Originally Posted by TinyEvel

In 1997 I spent $4500 on vintage toys and Evel Knievel collectibles.

If I had bought Amazon stock with that money, it would be worth 5 million dollars. ��

Have you been to Butte, Montana?

[Hammock Parties]

IQ is SURGING!!!

CHY-NA!!

[scho63]

Originally Posted by RunKC

Not a good outlook this week. Market down already and the December 15th tariff day will have a big impact. Thinking a 5-7% pullback is possible

You getting market advice from Lex Loser?

[Discuss Thrower]

Originally Posted by lewdog

Let's ride this down and I'll buy back in (not IQ though).

Pussy

[Halfcan]

Originally Posted by TinyEvel

In 1997 I spent $4500 on vintage toys and Evel Knievel collectibles.

If I had bought Amazon stock with that money, it would be worth 5 million dollars. ��

Maybe the Evel Knieval museum in Topeka will buy them from you?

[scho63]

TRUMP IS CRUSHING IT WITH NO HELP FROM 75% OF THE GOVERNMENT!!!

Jim Cramer: Like or hate Trump, ‘these are the best numbers of our lives’ on jobs

https://www.cnbc.com/2019/12/06/cram...s-on-jobs.html

CNBC’s Jim Cramer said Friday no matter your view on President Donald Trump there’s no denying we’re living in the best labor market in more than a generation.

“You can’t contradict that these are the best numbers of our lives. You can’t,” Cramer, 64, said following the government report showing the U.S. economy created a better-than-expected 266,000 nonfarm jobs in November, with the unemployment rate dipping to 3.5%, matching a 50-year low. Economists had expected the jobless rate to hold steady at 3.6% last month.

“People don’t want to say good things” about the economy, said Cramer, echoing comments he made Thursday evening on “Mad Money,” telling investors: “Don’t let the armageddonists and the negativists and the hucksters scare you away from owning stocks.”

Referring to Trump, Cramer said Friday on “Squawk Box,” shortly after the jobs report was released, “It doesn’t matter whether you hate him or like him, these are real numbers.”

“This is the best number I’ve ever seen in my life,” Cramer said, zeroing in on the unemployment rate. “Fifty years ago, that number was a curse. Now it’s a blessing.” He added, “I don’t see inflation. I don’t see recession.”

Cramer said the strong U.S. job market is going to allow America to win the trade war with China. “The president can walk away from the table with this number.” He added: “In the end, the Chinese are going to have to put jobs here.”


Josh Brown: What Trump’s tax bill means for your money
Washington and Beijing have been locked in a 17-month-long trade war that’s seen both sides put billions and billions of dollars of tariffs on each others’ imports. Negotiators for the world’s two biggest economies are trying to cement a “phase one” trade deal, which was announced in principle in October.

The next round of U.S. tariffs against Chinese-made goods, including smartphones and laptops, are set to go into effect on Dec. 15.

The stock market has been fighting its way higher for months, as positive and negative headlines on U.S.-China trade talks have whipsawed Wall Street on a day-to-day basis. With robust gains Friday on those strong jobs numbers, the Dow Jones Industrial Average was less than 1% from last week’s all-time high — and after a rough start to December, closing in on positive territory for the week.

China on Friday said it will waive tariffs for some soybeans and pork shipments from the U.S., after Trump struck an upbeat tone on progress toward a “phase one” deal on Thursday as the Dow logged its second straight session of gains.

Also on Friday, top Trump economic advisor Larry Kudlow said the U.S. and China are “close” to a trade deal. However, the National Economic Council director stressed, in a CNBC interview, that the president was prepared to walk away if he doesn’t get the terms he wants.

[RunKC]

Originally Posted by scho63

You getting market advice from Lex Loser?

Happy to be wrong! I didn’t sell any of my Apple.

December 15th is scaring the shit out of me though! Gonna be interesting to see what happens with the tariffs

[scho63]

Originally Posted by RunKC

Happy to be wrong! I didn’t sell any of my Apple.

December 15th is scaring the shit out of me though! Gonna be interesting to see what happens with the tariffs

Citibank just raised Apples target to $300.

China and the EU are ****ed and we are in control. Just chill and watch China have to come to the table.

They just offered to remove tariffs on our pork and soy. They do have a shortage of both so it is not as big as some people say but they are feeling pain in their economy and we are rocking and rolling.