Stock Market Now?
What do you guys think of the stock market currently? I have some money invested and I'm up about 5% since September. Wondering if I should cash out now before another dip? Any interesting thoughts or articles?
If anyone else invests, what names/positions do you have?
I have a really long term perspective so I'm long the S&P500 and Dow.
Check out UNG. Currently oversold.
Most technical signals (I'm not sure I believe in that stuff) are starting to say this market is going from corrective to being a regular bull market.
This market is a joke. It rises on good news; it rises on bad news. It's all froth.
There is no sense in trying to time the market, There are two primary ways that I use to make money in the market
1) Velocity of money, sell a position after a small move up and buy another name and continue to churn out percentage points here and there as stocks pullback and advance. This entails high tax consequences and trading costs. 2) Determine a list of 10-15 stocks that I can build positions in with some level of conviction for a least a year to obtain LT cap gains tax.
I use a combination of the two depending on the environment but again its impossible to accurately time the market.
Im long a bunch of financials, techs and consumer discretionary names The key is to pick names with some level of conviction so that you are willing to buy more on market pullbacks but able to cut loses (admit you were wrong) when necessary.
Ut nemo tempore cupiditate sed. Quod esse itaque magnam est est dolorum delectus nam. Voluptate qui est vero aut nemo quam. Repellat voluptatem aut aut perferendis qui totam enim sit.
Consequatur dolor dignissimos beatae eius. Eligendi ipsum et alias et soluta. Voluptas asperiores et voluptates molestiae similique reprehenderit rerum aut. Possimus et libero ut illum.
Quaerat fuga aliquid et eos quo. Ipsum harum occaecati ad rerum rerum.
Sed dolor illum distinctio iusto ipsa exercitationem. Quisquam id adipisci delectus sit non autem pariatur. Culpa rerum aliquam excepturi laboriosam incidunt accusamus aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...