Stock Market 2023

Started by Smit, July 18, 2023, 07:32 AM

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Shazam/TPP

my 401k is still well below covid, especially when you factor in the contributions, company match and profit sharing...still below the peak...
:sofa:  :cheers:

Dan_AKA_ROY23

Quote from: Elmer Fudd on July 31, 2023, 08:09 AMHey Roy, what are you seeing going forward? Are you well off yet? You been playing the stocks for a while now.

I've been buying big tech stocks, mostly. A few banks. An oil company. Chemicals, etc.

Big tech is leading this rally, so I hop on board.

Biggest holding is Amazon. Cost basis $103.84, now at $133.10 (+28.25%). But the thing is, in mid 2021 it was at $186. In order to get back to that level, it would need to rally another 40%. That's what I look for..

Dan_AKA_ROY23

Quote from: Shazam/TPP on July 31, 2023, 08:29 AMmy 401k is still well below covid, especially when you factor in the contributions, company match and profit sharing...still below the peak...

Diversification can hinder your performance. Oil has struggled. Bonds. U.S. small caps under performing. Foreign stocks lagging (except Japan, though cooling off a bit). This rally really doesn't have much market breath. A few sectors leading the charge. Big tech far and away the biggest movers, and most of them still haven't fully recovered. Tech got slaughtered (prospect of higher interest rates due to inflation). Now they're bouncing back up from the bottom.
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mkd

Quote from: Dan_AKA_ROY23 on July 31, 2023, 09:21 AMDiversification can hinder your performance. Oil has struggled. Bonds. U.S. small caps under performing. Foreign stocks lagging (except Japan, though cooling off a bit). This rally really doesn't have much market breath. A few sectors leading the charge. Big tech far and away the biggest movers, and most of them still haven't fully recovered. Tech got slaughtered (prospect of higher interest rates due to inflation). Now they're bouncing back up from the bottom.
I've been getting into REITs as they haven't joined the rally. WPC, VICI and O. HTGC (a BDC) has been on a bender. Luckily a bought the recent low. Unluckily, small position.

mkd

O and MAIN seem to be in buy zones

Del.

I've made 100's in the stock market.
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mowens

Tens and tens of dollars. I'm a hundred-aire.
"I would gladly risk feeling bad at times if it also meant that I could taste my dessert." - Data


Incogneeto

Quote from: Shazam/TPP on July 31, 2023, 08:29 AMmy 401k is still well below because of BIDEN , especially when you factor in the contributions, company match and profit sharing...still waaaaaay below the TRUMP...

Fixed.
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mkd

Jobs report shows worsening jobs market....stock market to the moon today...
opposite world

Del.

Quote from: mkd on August 29, 2023, 02:46 PMJobs report shows worsening jobs market....stock market to the moon today...
opposite world

I'm glad I'm out. Stock market never made sense to me like you were talking about. Only thing for sure was if the Fed talked, it went down.

mkd

TSLA up 7.7% percent today. monday just had my last batch of shares called away from a covered call option. Made some nice options profits when it was trading under 200. Greedy strike prices will getcha

mkd

#42
Quote from: Del. on August 29, 2023, 02:56 PMI'm glad I'm out. Stock market never made sense to me like you were talking about. Only thing for sure was if the Fed talked, it went down.
SWVXX pays 5.2% annualized in the middle of the month and very little risk for those in protection mode.
 Just had a 3 month treasury turn over automagically with my broker.
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mkd

#43
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