Looks like bonds yields are stabilizing a little bit and people are buying the dips. If you are a bull then you probably don't want to see another big spike in yields though especially if you own a lot of high valuation tech stocks
Good evening all, newbie here! Got made redundant 3 months ago due to covid, fantastic pay out so have some good cash to play with and got into investing as a result. Still very much a beginner but gone down the SPAC @ NAV route on the whole, keen to keep risk low as a beginner, I'm well aware opportunity cost is high! As part of this method, I pumped >$2,500 into CCIV @ below NAV (avg. $9.94) as I fancied the directv "deal" to fall through and saw an opportunity below NAV for a decent management team. So my first question for you all is... What tactic should I be looking to employ for CCIV? I originally had 710 shares at avg $15 but sold 270 at mid-30s and took some profit. Now I have 436 left. I don't want to sell pre-merger as I think the merge hype is the high point to sell, but interested in your thoughts? I'm looking to sell maybe 75% on the announcement hype (currently looking like ~$80?), then maybe re-buy on the dip, but worst case keep the other 25% long term for sure.
Mark Zuckerberg getting ready to open his wallet? https://www.vice.com/en/article/wx8kp4/a-teenager-has-remade-myspace-and-everyone-is-loving-it Coded entirely by 18-year-old An, 'SpaceHey' harnesses nostalgia and a distaste for modern social media to bring the Old Internet back from the dead. SpaceHey is a brand new social networking experience that focuses heavily on two aspects missing from most modern platforms: personalisation and privacy. Coded entirely by 18-year-old An from Germany, the site looks almost identical to how Myspace did in its heyday — complete with blogs, bulletins, an old school IM function and, most importantly, the ability to use HTML and CSS to fully customise your profile with cute layouts, pictures and music. I can't even. All the nostalgia. Screamo, iTunes, email. Takes me back to a time I thought I'd never see again.
also i don't think ^ matters anyway. with all the FED intervention in the market nowadays.. speaking of, here we are again with another possible gap down in the majors at the open...are we going to have another BTFD day here or?
that's a nice gap down off the open. red candles are actually pretty to see for a change. we'll see how this day shakes out
Watching PLTR, shares were unlocked today. The longs that bought in the last month probably should have done a little more DD. I want some but not at those prices, patience my boy.
Almost everything in my portfolio is down today. I had some cash in my account from a recent sale of my CVS position (which wasn't going anywhere and had low dividend) so I'm using the opportunity to buy a few shares VZ,LLY, and BNL while the price is down. All 3 have shown some promise so it seemed like a good day to buy
You're speaking to my soul. I messed my entry up for sure. I've got a 5-year target of $200 though, so I guess in the long-scheme it won't matter a ton, but definitely should have had a lot more shares than I have now if I just waited a couple weeks to buy.
We were talking earlier about VIX. 20 seems to be the new normal, been watching treasury yields also. Nothing is guaranteed for the little guys I just try to observe and follow sentiment. My main goal is to be patient and never have all of my funds tied up.
A good time to add? SOROS is said to be dumping and I'm sure others like CATHIE WOOD are adding. I have a LOT of faith in her and I will take a position at some point.
A couple days ago @stock1234 triggered me, I'm always looking at growth vs value ratio lol. So I got some JPM the #2 holding in the value ETF I look at; it gapped up this week.
...and in other news, here was the key takeaway from today's gamestop hearings: Spoiler: Click to Show! sorry but i couldn't resist lol
I am not the one who like to buy commodity stocks that much but I have been buying FCX, SCCO and BHP lately since commodity prices keep going up
Well today's opening is less than inspiring. A whopping .20% increase. Most things going up but CSSEP is dropping quite a bit, probably due to passing the ex-dividend date.
