Money Investing megathread extravaganza - Page 351

**DaFace** · 06:35 PM

A place to talk about investing stuff.

**lewdog** · 06-10-2020, 07:22 PM

Quote:

Originally Posted by petegz28

I'm not particularly thrilled with the market action the last 2 days. Nasdaq up and the rest of the market down both days is not a great sign for a continued rally.

Some mild profit taking before another run to DOW 30 before leveling?

Nightfyre · 06-10-2020, 08:10 PM

Watch out for institutional rebalancing for quarter 2 end June 30.

**petegz28** · 06-10-2020, 08:11 PM

Quote:

Originally Posted by lewdog

I could be making a killing swing/day trading this thing! The daily price swings have been insane.

Sure you could....tell me how you would know when to buy and sell?? Asking for a friend

**petegz28** · 06-10-2020, 08:13 PM

Quote:

Originally Posted by lewdog

Some mild profit taking before another run to DOW 30 before leveling?

WTF are you talking about? It's sector rotation and when you have 2 of the 3 major indexes going in opposite directions it's generally not a good sign.

**petegz28** · 06-10-2020, 08:14 PM

Quote:

Originally Posted by Nightfyre

Watch out for institutional rebalancing for quarter 2 end June 30.

Probably going to be quite a bit of that along with portfolio managers setting up for the run into the election.

Nightfyre · 06-10-2020, 08:22 PM

The last week of March, rebalancing seems the likely explanation of the jump of 18% that week.
Volume is lighter now, and stocks are up over 25% since, so a 50/50 fund would theoretically need to shed like 19% of their stocks and move back to bonds. That's a lot of volume and downward pressure.
All that said, I am sure there are some institutions who manage the exchange internally.

**lewdog** · 06-10-2020, 08:39 PM

Quote:

Originally Posted by petegz28

Sure you could....tell me how you would know when to buy and sell?? Asking for a friend

Shhhhh.....I don't share secrets.

Quote:

Originally Posted by petegz28

WTF are you talking about? It's sector rotation and when you have 2 of the 3 major indexes going in opposite directions it's generally not a good sign.

I am just trying to learn from you, my master.

**petegz28** · 06-10-2020, 08:44 PM

Quote:

Originally Posted by lewdog

Shhhhh.....I don't share secrets.

I am just trying to learn from you, my master.

If you were as good at trading as you were ate being a condescending, smart ass you'd be in the 9 figures

**lewdog** · 06-10-2020, 08:49 PM

Quote:

Originally Posted by petegz28

If you were as good at trading as you were ate being a condescending, smart ass you'd be in the 9 figures

Nah. I'd have to have a different career or be born with a silver spoon.

**petegz28** · 06-10-2020, 08:50 PM

Quote:

Originally Posted by lewdog

Nah. I'd have to have a different career or be born with a silver spoon.

Thanks for making my point....now take your loud mouth to Olive & Ivy and order a fillet you ****ing smart ass, pump jock!

**lewdog** · 06-10-2020, 09:06 PM

Well look here. I finally figure out what Clay does for a living.

Here are seven of the top stocks worth a gamble today:

Wayfair (NYSE:W)
Carvana (NYSE:CVNA)
Moderna (NASDAQ:MRNA)
Shopify (NYSE:SHOP)
Co-Diagnostics (NASDAQ:CODX)
Alpha Pro Tech (NYSEAMERICAN:APT)
iBio (NYSEAMERICAN:IBIO)

https://investorplace.com/2020/06/7-...orth-a-gamble/

**petegz28** · 06-10-2020, 09:06 PM

Quote:

Originally Posted by lewdog

Well look here.

Here are seven of the top stocks worth a gamble today:

Wayfair (NYSE:W)
Carvana (NYSE:CVNA)
Moderna (NASDAQ:MRNA)
Shopify (NYSE:SHOP)
Co-Diagnostics (NASDAQ:CODX)
Alpha Pro Tech (NYSEAMERICAN:APT)
iBio (NYSEAMERICAN:IBIO)

https://investorplace.com/2020/06/7-...orth-a-gamble/

How you gonna play them?

**lewdog** · 06-10-2020, 09:08 PM

Quote:

Originally Posted by petegz28

How you gonna play them?

$10k to each.

Only have to win 4/7!

**petegz28** · 06-10-2020, 09:13 PM

You know why Casinos always in in the long run? The odds are in the favor of "the house". You may beat the house on occasion. May even have a consistent run at times beating the house. Some, a very, very select few will always beat the house.

Most will end up handing the house their money.

There is a reason most hedge funds and portfolio managers can't consistently beat the house, i.e. the SP 500. And it isn't from a lack of knowledge but from a lack of skill. Did you sell when you needed too? Did you buy too soon and get stopped out? Did you buy too late and miss the bulk of the run? Did the hot stock that made you bank fall out of bed over night?

I've seen some people in here talk about dumping everything when Covid hit and "buying lower". I bet they not only missed the bottom but by the time they bought back, if they have, they are worse off than if they just hung through it.

I can't remember who but someone was ready to dump all their money into ROKU for a "short term play". If I remember right it was about a day or two before ROKU took a bit of a hit.

Unless you are just damn good at trading you are never going to beat the house in the long run.

**petegz28** · 06-10-2020, 09:14 PM

Quote:

Originally Posted by lewdog

$10k to each.

Only have to win 4/7!

Why not just go hit the crap table? Only gotta hit once out of 4 or 5 times to make bank!

Or you can try and bat what you say was what 4 of 7? So that's a .571 average. Easy peazy!!!!

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $-1633101	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 53,117

06-10-2020, 08:10 PM	#5252
Nightfyre MVP Join Date: Mar 2004 Location: Helena, MT Casino cash: $1378849	Watch out for institutional rebalancing for quarter 2 end June 30.
Posts: 18,647	1 0

06-10-2020, 08:22 PM	#5256
Nightfyre MVP Join Date: Mar 2004 Location: Helena, MT Casino cash: $1378849	The last week of March, rebalancing seems the likely explanation of the jump of 18% that week. Volume is lighter now, and stocks are up over 25% since, so a 50/50 fund would theoretically need to shed like 19% of their stocks and move back to bonds. That's a lot of volume and downward pressure. All that said, I am sure there are some institutions who manage the exchange internally.
Posts: 18,647	1 0

06-10-2020, 09:06 PM	#5261
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-1338100	Well look here. I finally figure out what Clay does for a living. Here are seven of the top stocks worth a gamble today: Wayfair (NYSE:W) Carvana (NYSE:CVNA) Moderna (NASDAQ:MRNA) Shopify (NYSE:SHOP) Co-Diagnostics (NASDAQ:CODX) Alpha Pro Tech (NYSEAMERICAN:APT) iBio (NYSEAMERICAN:IBIO) https://investorplace.com/2020/06/7-...orth-a-gamble/
Posts: 46,294

06-10-2020, 09:13 PM	#5264
petegz28 Supporter Join Date: Feb 2005 Location: Olathe, Ks Casino cash: $-855873	You know why Casinos always in in the long run? The odds are in the favor of "the house". You may beat the house on occasion. May even have a consistent run at times beating the house. Some, a very, very select few will always beat the house. Most will end up handing the house their money. There is a reason most hedge funds and portfolio managers can't consistently beat the house, i.e. the SP 500. And it isn't from a lack of knowledge but from a lack of skill. Did you sell when you needed too? Did you buy too soon and get stopped out? Did you buy too late and miss the bulk of the run? Did the hot stock that made you bank fall out of bed over night? I've seen some people in here talk about dumping everything when Covid hit and "buying lower". I bet they not only missed the bottom but by the time they bought back, if they have, they are worse off than if they just hung through it. I can't remember who but someone was ready to dump all their money into ROKU for a "short term play". If I remember right it was about a day or two before ROKU took a bit of a hit. Unless you are just damn good at trading you are never going to beat the house in the long run. Last edited by petegz28; 06-10-2020 at 09:38 PM..
Posts: 132,186	1 0