raquette wrote:
seattle prattle wrote:
I'm thinking of paring back pretty soon since that fits with my long term planning/goals.
I'm in on MSFT, liking it so far
Microsoft owned LinkedIn just announced layoffs of 960 people due to corporate hiring slowdown.
raquette wrote:
Good thing Igy is probably asleep. EU just announced a 1.8 trillion euro bailout via selling common debt
https://www.wsj.com/articles/eu-leaders-close-in-on-coronavirus-recovery-plan-deal-11595274568
Well did you really expect anything different? Same insanity expecting a different ending?
Ghost of Igloi wrote:
As the V-shaped recovery narrative looks more like fantasy ...
The markets recovery has been very much V-shaped. Are you even paying attention?
Ghost of Igloi wrote:
raquette wrote:
I'm in on MSFT, liking it so far
Microsoft owned LinkedIn just announced layoffs of 960 people due to corporate hiring slowdown.
I'm sure that will amount to a cute little footnote on MSFT earnings
Financial Advisor wrote:
Ghost of Igloi wrote:
As the V-shaped recovery narrative looks more like fantasy ...
The markets recovery has been very much V-shaped. Are you even paying attention?
OK. Shows what $Trillions can do to create the biggest stock market bubble in history.
raquette wrote:
Ghost of Igloi wrote:
Microsoft owned LinkedIn just announced layoffs of 960 people due to corporate hiring slowdown.
I'm sure that will amount to a cute little footnote on MSFT earnings
Joining the footnotes for debt, stock buybacks, and increasing leverage.
Just in case you missed it:
https://twitter.com/NorthmanTrader/status/1285526453690470402
Ghost of Igloi wrote:
Financial Advisor wrote:
The markets recovery has been very much V-shaped. Are you even paying attention?
OK. Shows what $Trillions can do to create the biggest stock market bubble in history.
More importantly, it shows your disconnect with reality. Try sticking to the facts for a change instead of getting your information from Twitter trolls.
?
Thank you Igloi for your response.. Also, how much typical percentage of stock shares do you usually take for profits? 10, 25%? And how long before can you buy back the same stock?
I’ve been a long term holder on stocks and don’t want to get caught with my pants or go broke like you said per say...lol I’m just thinking for the stocks that have had significant gains in a short period of time. Again, thank you!
Curious Georgina wrote:
Thank you Igloi for your response.. Also, how much typical percentage of stock shares do you usually take for profits? 10, 25%? And how long before can you buy back the same stock?
I’ve been a long term holder on stocks and don’t want to get caught with my pants or go broke like you said per say...lol I’m just thinking for the stocks that have had significant gains in a short period of time. Again, thank you!
I really can’t give you any guidance on the reduction of a position since that is so individually driven (age, risk tolerance, time horizon, liquidity needs). Buying back the same stock is governed by wash sale rules which is 30 days, but you need to review, since some securities purchased within that period could trigger an adverse tax event.
Seven of eight indexes on our world watch list posted losses through July 20, 2020. The top performer is our own S&P 500 with a gain of 0.65%. China's Shanghai is in second with a loss of 1.82% and in third is Tokyo's Nikkei 225 with a loss of 3.97%. Coming in last is London's FTSE 100 with a loss of 16.98%.
Curious Georgina wrote:
Thank you Igloi for your response.. Also, how much typical percentage of stock shares do you usually take for profits? 10, 25%? And how long before can you buy back the same stock?
I’ve been a long term holder on stocks and don’t want to get caught with my pants or go broke like you said per say...lol I’m just thinking for the stocks that have had significant gains in a short period of time. Again, thank you!
What you really want are stock options. These give you things like "leverage" which allows you to turn a little bit of money into a lot of money really quickly. Look into trading futures as well. There's a couple of downsides but pay no attention to that.
Q: Do the wash sale rules apply to ETFs, mutual funds and options? Yes, if the security has a CUSIP number, then it's subject to wash-sale rules. In addition, selling a stock at a loss and then buying an option on that same stock will trigger the wash-sale rule.
raquette wrote:
Curious Georgina wrote:
Thank you Igloi for your response.. Also, how much typical percentage of stock shares do you usually take for profits? 10, 25%? And how long before can you buy back the same stock?
I’ve been a long term holder on stocks and don’t want to get caught with my pants or go broke like you said per say...lol I’m just thinking for the stocks that have had significant gains in a short period of time. Again, thank you!
What you really want are stock options. These give you things like "leverage" which allows you to turn a little bit of money into a lot of money really quickly. Look into trading futures as well. There's a couple of downsides but pay no attention to that.
Granted, we must each find investing - or trading - vehicles which suit our level of experience and tolerance to risk, not to mention the limit of what we are willing to lose, but with that said, I have always avoided stock options and futures as beyond my comfort level. And I don't regret this long held position.
I would imagine it advisable that an investor would want to feel comfortable in conventional stock trading before taking on options or futures, but that is just my understanding.
how come no one says anything when value is ripping and tech is down?
That's happening today. Tech is red but energy is up 6% and financials up 2%.
agip wrote:
how come no one says anything when value is ripping and tech is down?
That's happening today. Tech is red but energy is up 6% and financials up 2%.
small caps are up, too.
Wonder if the EU deal and talk of positive developments regarding vaccines is interpreted as a plus for the overall economy (less loan defaults helps banks, helps struggling small business recover, helps demand for energy, etc.) and while it doesn't specifically hurt the big tech companies, it might temporarily lessen the demand for them and coincide with a bit of sector rotation into the more beaten down areas like small cap, financials, and even the SNP 500 for that matter (also up today).
I don't know. It seems they all have their day if you wait long enough, though not in tandem.
Simple, likely impossible to hit S&P 500 market highs without broader participation. So institutions churn out of tech into financials and energy (laggards).
seattle prattle wrote:
raquette wrote:
What you really want are stock options. These give you things like "leverage" which allows you to turn a little bit of money into a lot of money really quickly. Look into trading futures as well. There's a couple of downsides but pay no attention to that.
Granted, we must each find investing - or trading - vehicles which suit our level of experience and tolerance to risk, not to mention the limit of what we are willing to lose, but with that said, I have always avoided stock options and futures as beyond my comfort level. And I don't regret this long held position.
I would imagine it advisable that an investor would want to feel comfortable in conventional stock trading before taking on options or futures, but that is just my understanding.
I was just kidding. That being said, you can definitely lose your @ss quickly in conventional trading too
agip wrote:
how come no one says anything when value is ripping and tech is down?
That's happening today. Tech is red but energy is up 6% and financials up 2%.
It's 2020 agip, these things happen all the time now.
Phillips curve? Fake news.
Stock and bond prices typically inversely related? Not anymore!
Gold? Goes wherever it wants.
Trillions of money produced overnight leads to inflation? Ha! You can take that narrative with you back to the 1960s!