Hot stock tips
- Thread starter Rain City
- Start date
Gong Show
Well-Known Member
03:00 is the time I would hit the craps tables too.
All the suckers have lost their money, while the hot hands are still throwing!
ab1752
Crew Member
There are firms that specialize and live for imperfections in the markets, they simply spin up and file suit, and then go to market to find the injured to be added to the action. This event will be studied in commerce courses for years to come.
Rain City
Crew Member
I think guys will still be playing the dips but the major surge is done for. I actually wouldn't even doubt that the big funds are the ones making the most on it now. I've realized that I like making 10% at a time on companies that have good fundamentals.
Breakin"even
Crew Member
I make my 10% and go fishing.
Unreel
Well-Known Member
Well it was kind of entertaining to watch but now is just a **** show. This just describes the market to a t these days, with pretty much free money, unlimited stimulus from the fed backstopping the market, and free trades, the froth is undeniable. Ive been looking at ways to get back into the market but with evaluations sky high and now this nonsense, guess ill sit on the sidelines for a while longer.
Rain City
Crew Member
I think cash heavy is a great place to be right now. I can't imagine anyone having their whole life savings in this mess.
Breakin"even
Crew Member
I'm 75% cash right now, I've taking profits and waiting for correction. this chart is stock price to earnings chart of the s&p 500
over time. the past is no indication of the future but it helps. There could be some runway left but I'm mostly out.
over time. the past is no indication of the future but it helps. There could be some runway left but I'm mostly out.
tubber
Well-Known Member
Time to start loan sharking?
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ab1752
Crew Member
I dunno its only up 903%, haha. Only 26 billion shares out, let's do this. Its splashed in elons Twitter feed so of course they're going bezerk. Clown show.
Breakin"even
Crew Member
https://www.eqbank.ca/personal-banking/gics
not good but better than royal for Gic.s
not good but better than royal for Gic.s
wildmanyeah
Crew Member
I just stay in the market collect my dividend from my blue chips and carry on.
Bidens stimulus plan goes though and could miss out on more years ahead of gains.
Bidens stimulus plan goes though and could miss out on more years ahead of gains.
ab1752
Crew Member
Same here, this junk doesn't change my strategy personally, everyone needs to have their own and I'm long in the right places, I figure. Go J&J bring that sweeeet news next week!
wildmanyeah
Crew Member
The riskies stock in my portfolio is CXB a gold mining company based out of Vancouver. Been thinking about selling it Since it’s now doubled since holding it.
cracked_ribs
Well-Known Member
I was going to say the exact same thing. New administration in the US is going to dump money into the markets for the next two years, minimum. Probably more. No way they're going to let the economy look worse than it did under Trump, and if they have to borrow trillions from their kids to do it, it won't make a lick of difference to them any more than it did to the red team.
If you go cash, you're going to lose a lot of money via inflation, I think. I would rather be in big dividend stocks.
If the US market creeps you out at the moment, Shaw Cable pays over 5% annually, and seeking alpha is setting a target price for next year of a 20-28% gain on the basis of their wireless growth. I have been buying lots of it, myself.
wildmanyeah
Crew Member
Shaw, Telus, cp, cn rail and canadian banks basically all benefit by having wide motes.
