Trading the stockmarket (NO Referrals)

[Delvis]

Well it was green in my portfolio but then red

Uh oh

 

[arknor]

RKT earnings announced soon
grabbed a couple of shares for the gamble earlier

And guidance for Q2 is kinda meh

 

[sid]

companies can exceed expectations from analysts and still go down lol
I've seen some youtubers analysing stocks and they show the percent of shares for a ticker that are at a profit but I guess you need lvl2/3 data to see it
once over 50% of shares are in profit I guess there's a big risk of people cashing out around an earnings date

How does that work ? Do elaborate

 

[mid_gen]

How does that work ? Do elaborate

If you pay for more expensive data access from the exchanges, you can get all kinds of interesting information like the last traded price makeup of the stock.

In this particular instance, what is happening is that people are buying the stock in anticipation of a good earnings report....so the price rises. Once the earnings are out, that's probably the action done for a few months, so people cash out the gains they made in the run up.

 

[Trig]

Anyone on HCMC, looks like there having a rights issue..

 

[englishpremier]

Anyone on HCMC, looks like there having a rights issue..

Now if it was HMRC I'd be interested

 

[Basher]

Was reading this today which was particularly scary/interesting: https://thefelderreport.com/2021/05/05/take-a-bow-jay-pow/

Especially:

The Buffett Yardstick, or total market capitalization of the U.S. equity market relative to the overall size of the economy, now stands at a gaudy 270%. For reference, at the peak of the Dotcom Mania, this measure only reached 188% so we are now over 40% more expensive than the most expensive stock market peak in history! Another way to think about this is to understand that, at today’s valuation, the stock market would need to fall 30% overnight in order to match the peak of what is widely considered the greatest bubble in modern history.

 

[hurfdurf]

Was reading this today which was particularly scary/interesting: https://thefelderreport.com/2021/05/05/take-a-bow-jay-pow/

Especially:

Time in the market beats timing the market though right guys? Right?!

 

[mid_gen]

Was reading this today which was particularly scary/interesting: https://thefelderreport.com/2021/05/05/take-a-bow-jay-pow/

Especially:

I'm not a 'markets only ever go up' person....but things are different right now.

In the late 90s/early 2000s, interest rates were 5-7%. Now they have been zero for a decade or more, and US and European central banks have been printing trillions of dollars.

The dotcom bubble was characterised by nonsense valuations of loss-making companies just because they had 'on the internet' as their offering. Now the markets are characterised by colossal tech giants that are amazingly efficient profit-generating behemoths that have all but eliminated any meaningful competition.

I think you would have to be a very brave person right now to bet against the equity markets continuing to perform.

Even a concerted effort to clamp down on multinational tax avoidance is unlikely to have much effect imo.

 

[Doggie2k]

yeah really not enjoying the markets in the last few days but i guess the saying " Sell in May and go away" rings true

 

[Kreeeee]

.

 

[mid_gen]

Well, looks like this is this month's buying opportunity. US Tech having a wobble....

 

[englishpremier]

Well, looks like this is this month's buying opportunity. US Tech having a wobble....

It's quite funny, before the market opening I was reading an article "US stocks set to soar at market open" que market open and the S&P and Nasdaq both plummet.

 

[mid_gen]

It's quite funny, before the market opening I was reading an article "US stocks set to soar at market open" due market open and the S&P and Nasdaq both plummet.

Quite the drop!

I just sold up my RR which was nicely up today and dumped it into SMT. Probably reverse that trade in the next few days if they both bounce respectively.

 

[Uther]

I opened an etoro account yesterday, just playing with virtual money currently, it's quite volatile lol.

 

[arknor]

It's quite funny, before the market opening I was reading an article "US stocks set to soar at market open" que market open and the S&P and Nasdaq both plummet.

probably sets the tone for the whole week.
buy the dips

just when you think your stocks couldn't get any lower and then they drop more

maybe we will keep dropping, the covid gains are still kinda insane looking at share prices before covid and after

 

[mid_gen]

Sold my IAG as well just before close yesterday....good to see that and RR plummet, at least it makes me feel better!

Chucked everything into SMT now, so I can just watch one number falling instead of many

 

[Jokester]

Dropping hard this morning.

 

[hurfdurf]

Dropping hard this morning.

I’m just going to keep uttering the mantra “time in the market”...

Made a lot of money this past year, losing 5% of my gains feels like I’m losing everything. Funny how the brain works.

 

[Jokester]

I’m just going to keep uttering the mantra “time in the market”...

Made a lot of money this past year, losing 5% of my gains feels like I’m losing everything. Funny how the brain works.

Heh, I know what you mean, OMG it's dropped 2%, looks at gain this year *shrug*.