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  1. #61
    MARKET EXTRA

    U.S. stocks see biggest 2-day wipeout in history as market loses $11 trillion since Inauguration Day

    Stocks erased a combined $6.6 trillion in value on Thursday and Friday







    https://www.investopedia.com/timelin...rashes-5217820


    But hopefully we are on the way back and focus on opportunity.

  2. Member Matt D's Avatar
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    #62
    Quote Originally Posted by Mahomee View Post
    The drops we just had percentage wise are not even in the top 20.

    https://en.wikipedia.org/wiki/List_o...strial_Average
    Last week was not fun for sure but it’s crazy to see people talking about the big hits dollar wise but not percentage wise. IMO percentage change is the most importantly number for sure. I have no doubt we will have some more volatility coming but those are great buying opportunities.

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    #63
    Quote Originally Posted by Matt D View Post
    Last week was not fun for sure but it’s crazy to see people talking about the big hits dollar wise but not percentage wise. IMO percentage change is the most importantly number for sure. I have no doubt we will have some more volatility coming but those are great buying opportunities.

    You need new money to buy.

  4. #64
    Bought today, watch out below.

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    #65
    I want to buy but the stocks I am looking at just seem to still be expensive.

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    #66
    I bought some AMD today.

  7. #67
    Quote Originally Posted by NitroZ7 View Post
    I want to buy but the stocks I am looking at just seem to still be expensive.
    If you don't mind me asking, what are you looking at?

    I bought the Q's fully expecting that they will go down more but believing that there is much more upside than downside 1,3,5 years out and knowing I'm not smart enough to time the bottom.

    Also bought BRK as a more stable play.

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    #68
    Quote Originally Posted by TownesZ21 View Post
    If you don't mind me asking, what are you looking at?

    I bought the Q's fully expecting that they will go down more but believing that there is much more upside than downside 1,3,5 years out and knowing I'm not smart enough to time the bottom.

    Also bought BRK as a more stable play.
    I looked at AMGN, EMR, META.

  9. Stocks/Investments Moderator boneil's Avatar
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    #69
    Powell is sounding pretty hawkish to me. They're gonna wait until the employment numbers show a problem because inflation is still too high and expected to go higher. He said they have to wait to see how the tariffs will affect employment......which will take time.
    They're eating the Penguins, they're eating the seals...

  10. Stocks/Investments Moderator boneil's Avatar
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    #70
    META looks juicy
    They're eating the Penguins, they're eating the seals...

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    #71
    I’m afraid to look at my XLK & XLY.

    I looked OUCH!

  12. Member
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    #72
    Quote Originally Posted by boneil View Post
    Powell is sounding pretty hawkish to me. They're gonna wait until the employment numbers show a problem because inflation is still too high and expected to go higher. He said they have to wait to see how the tariffs will affect employment......which will take time.
    I don't think they cut until we see some upward movement in the employment rate. Too many variables right now for a preemptive cut.

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    #73
    Quote Originally Posted by boneil View Post
    META looks juicy
    I just sold a put on it at 400 expiring end of May. If I get it for that I will be happy.

  14. Stocks/Investments Moderator boneil's Avatar
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    #74
    Quote Originally Posted by NitroZ7 View Post
    I just sold a put on it at 400 expiring end of May. If I get it for that I will be happy.

    Do you know if a cash secured put can be secured with money in a money market?
    They're eating the Penguins, they're eating the seals...

  15. Member
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    #75
    Quote Originally Posted by boneil View Post
    Do you know if a cash secured put can be secured with money in a money market?
    I don't have margin on my account so I have to actually keep the cash in the cash account. It may be different at someplace like Vanguard or Fidelity where the cash account is a money market rather than a money market mutual fund.

  16. #76
    Quote Originally Posted by TownesZ21 View Post
    Bought today, watch out below.
    Called it.....

  17. #77
    Quote Originally Posted by boneil View Post
    Powell is sounding pretty hawkish to me. They're gonna wait until the employment numbers show a problem because inflation is still too high and expected to go higher. He said they have to wait to see how the tariffs will affect employment......which will take time.
    The market agreed with you

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    #78
    GLD looks like a good buy a while back - glad i took some risk there. Anyone know of a good precious metals or silver ETF they have researched?

  19. Stocks/Investments Moderator boneil's Avatar
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    #79
    Adding LULU to the list of my buys in the coming weeks. It's been on my ideas list since the beginning of the GLP1 drug craze. LULU will benefit greatly from GLP1s. Alot of people will suddenly be able to fit into Lulu clothing.

    The wife moved to Wisconsin already and forgot to pack her leggings with her so she stopped into a lulu store. She's now a lulu fan. She had no idea how nice their clothing is.
    They're eating the Penguins, they're eating the seals...

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    #80
    I would give everything i own for a crystal ball.. I was pulling small amounts from fixed income but , I think there will be better entry points in the near futrure..but one tweet can change everything..lol

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