The Long Term Investor

Discussion in 'Investing' started by WXYZ, Oct 2, 2018.

  1. TireSmoke

    TireSmoke Well-Known Member

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    Well tomorrow is the big day. NVDA ER after hours. From just about everything posted in the media if they miss the stock will go down, if they beat the stock will go down, if they still exist the stock will go down. Not a very good outlook. So in true degenerate fashion I took advantage of this little correction and bought more! It looks like the large chunk of my retirement account wont be transferred for a few more days so I still have a large exposure to the S&P 500 in a low fee holding. Only a month and a half to find out if I have a record year or get left in the gutter.
     
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  2. WXYZ

    WXYZ Well-Known Member

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    Way to support the markets TireSmoke.

    I also bought today......AMZN, AAPL, MSFT, GOOGL, PLTR, NVDA, and COST. Of course I sold HD to do so.

    I am sure you will have a BANNER YEAR.
     
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  3. WXYZ

    WXYZ Well-Known Member

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  4. WXYZ

    WXYZ Well-Known Member

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    A PERFECT day for me today. Not a single stock in the green....ALL RED. On top of that a big loss for me today and a loss to the SP500 by....1.33%.

    Onward to NVDA day tomorrow.....oh the horror.
     
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  5. WXYZ

    WXYZ Well-Known Member

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    The CORRECTION continues.

    Bummer.
     
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  6. Smokie

    Smokie Well-Known Member

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    No, this is not the CORRECTION….we renamed this market cycle…THE PERDITION MARKET:D. And rightly so.
     
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  7. Smokie

    Smokie Well-Known Member

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    You know you are not kidding. I seen the same coverage and headlines too regarding NVDA. A big beat they are overspending, a modest beat they are slowing down….LOL. It is like it can’t win either way.

    Honestly, the coverage was so slanted and negative….that I damn near bought some shares myself.:D Seriously, it was that negative.
     
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  8. roadtonowhere08

    roadtonowhere08 Well-Known Member

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    Day traders looking at lazy slobs like us crush their performance:

    [​IMG]
     
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  9. WXYZ

    WXYZ Well-Known Member

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    HERE is the markets today.......people do realize that August was only TWO AND A HALF months ago....right? A CLASSIC fear-mongering headline. I have to give them credit for putting this headline up there with a straight face.

    Dow closes down nearly 500 points, S&P logs its longest slide since August

    https://www.cnbc.com/2025/11/17/stock-market-today-live-updates.html
     
  10. WXYZ

    WXYZ Well-Known Member

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    THE PERDITION MARKET.....continues.

    I am hoping that all of us get release from it tomorrow.......but.....that is probably part of "MY" eternal torture. Watching earnings beat after earnings beat in my big cap stocks......and.....the markets STILL go down.

    After all how many times have we seen BIG EARNINGS from NVDA....only to see the stock go down. Seems like EVERY time.
     
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  11. roadtonowhere08

    roadtonowhere08 Well-Known Member

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    Let's try reverse psychology:

    It's gonna TANK tomorrow after hours. YUGE drop! Like we've never seen. They're saying it'll be the biggest, most beautiful bloodbath ever.

    Thank you for your attention to this matter.

    :p
     
  12. TireSmoke

    TireSmoke Well-Known Member

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    Times are tough. Well, mama said you are the company you keep so here I am living the perdition with you all! There are some pretty good posts on risk adversity. You have to cancel out the noise and apply your own common sense. I made a sizable move with my roth account that hopefully in a couple decades I can look back on in a good light. Time will tell. Is it the bottom of this little correction or do need to capitulate after NVDA earnings this evening? Anyone placing bets?
     

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