I put a decent chunk on BMY a month ago. Down a bit but hoping recent merger causes a spike. Lots of support around $45 so I don’t see it going down much and it’s off previous 52 week high a decent amount. [Reply]
Originally Posted by :
An IHS Markit “flash” survey of U.S. manufacturers fell to a nine-and-a-half year low of 50.6 this month from 52.6 in April. Manufacturing conditions have been soft for months.
Service oriented production dropped from 52.7 to 50.8 too. The labor market still seems to be holding up strong at least. :-) [Reply]
Originally Posted by lewdog:
I put a decent chunk on BMY a month ago. Down a bit but hoping recent merger causes a spike. Lots of support around $45 so I don’t see it going down much and it’s off previous 52 week high a decent amount.
Originally Posted by ChiliConCarnage:
Service oriented production dropped from 52.7 to 50.8 too. The labor market still seems to be holding up strong at least. :-)
Like, I understand each word and kinda maybe the overall idea of that, but I honestly have no idea what that means or how it will help me.
I don't really like to think about money that much though, so I don't monitor my investments. Shit just keeps rising slowly .. works for me. [Reply]
Originally Posted by ChiTown:
I absolutely SUCK at buying individual stocks. Part of the issue is that it’s been easier for me to understand and to bet on my own business vs someone else’s. Maybe when I fully retire, I’ll be more focused and capable of immersing myself into this world. Until then, I’ll live vicariously through this thread and you guys :-)
Originally Posted by Amnorix:
I dabble in it, but mostly do low-fee index funds. The problem with individual stocks is that you not only have to know when to buy, you have to know when to sell. Fuck up either end of that equation, and you're not going to come out well.
And, frankly, I don't have the time to research and monitor all that stuff on an ongoing basis.
All my retirement is in mutual funds and index funds. 401k and Roth IRA.
My brokerage account has a mixture of long positions, short positions and options. It's roughly 25% of our total investments. I enjoy dabbling in it really, learning and reading about markets and technical analysis. I have been pretty busy this year though so I've been trading quite a bit less this year, while last year I had about 60 trades for the year. [Reply]
Originally Posted by ghak99:
Wow, BYND got up over 100 today.
Guess I didn't have the vision to see the third set or the balls to bet the come.
My wife works for a plant-based food company. This is going to grow immensely. Shortly after the IPO she moved about 15% of our Apple stock to BYND without telling me. God bless her! [Reply]
Originally Posted by TinyEvel:
My wife works for a plant-based food company. This is going to grow immensely. Shortly after the IPO she moved about 15% of our Apple stock to BYND without telling me. God bless her!
The beef industry feeds me, and always will, but I'm not against raking in small wins from their excitement. [Reply]
Originally Posted by ghak99:
The beef industry feeds me, and always will, but I'm not against raking in small wins from their excitement.
Back in the 90s dad was talking to a neighbor and I remember him saying, “if we’d spend $50/acre on Monsanto stock instead of buying Roundup we might make some money”
A couple of years ago, I bought a little stock in Dupont.
They then promptly merged with Dow Chemical to form Dow Dupont.
Then they split Dow Dupont into two stocks, one being something like Dow and the other Dow Dupont.
Then they did reverse splits on both stocks and one of them got split into a different Dow stock and something called Corteva.
I'm really getting annoyed at this. It's messing up my documentation big time, and I'm starting to think that this is all a trick and at some point I'll end up with some worthless stock that's absorbing all of the losses for the CEO's shell company that's hidden somewhere. [Reply]
Originally Posted by Rain Man:
A couple of years ago, I bought a little stock in Dupont.
They then promptly merged with Dow Chemical to form Dow Dupont.
Then they split Dow Dupont into two stocks, one being something like Dow and the other Dow Dupont.
Then they did reverse splits on both stocks and one of them got split into a different Dow stock and something called Corteva.
I'm really getting annoyed at this. It's messing up my documentation big time, and I'm starting to think that this is all a trick and at some point I'll end up with some worthless stock that's absorbing all of the losses for the CEO's shell company that's hidden somewhere.
I think it's done now, Rain, as they've split into 3 companies which was the plan.
I was feeling pretty good because I avoided any direct hits from the Mexico news that ended last week. Got nailed today though :-) with the whole tech regulation news. The S&P held up pretty well for such a bad day for the 4 largest market cap stocks [Reply]
Originally Posted by ChiliConCarnage:
I think it's done now, Rain, as they've split into 3 companies which was the plan.
I was feeling pretty good because I avoided any direct hits from the Mexico news that ended last week. Got nailed today though :-) with the whole tech regulation news. The S&P held up pretty well for such a bad day for the 4 largest market cap stocks
Yeah, I got bit by FANGs pretty hard today, too. [Reply]
