Investing

What did you buy? What might you buy??

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  • Oct 15th, 2018 10:02 am
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Deal Addict
Feb 7, 2006
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CCHIPSS wrote:
Oct 10th, 2018 4:19 pm
But not that bad compared to what? Comparing to one of those days during the 2008 crush?

When was the last time TSX went up 2-3% in a day?
TSX has risen 2% or greater roughly 94 times since sept 10 2000. And Feb 12 2016 was the last time the TSX rose >2%. The TSX rose 2.94% a few weeks earlier on Jan 22 2016.Grinning Face With Smiling Eyes
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Nov 4, 2016
550 posts
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Gboard2 wrote:
Oct 10th, 2018 6:05 pm
What does it matter? Day? Hour? Minute? Unless your investment horizon is one day always
It wasn't just a day. It was down for 5 days straight. In a bull market, after downing for 2-3 days, the market would rebound. But so far we seen collapse upon further collapse. Today is the worst day for TSX in this series, falling over 2%.

No one can predict the market. But we can see regular bull market behaviors. And this past few days wasn't normal. If it isn't acting like a bull, maybe it is a bear.

Be careful. That is all I am saying.

As for myself, I sold my worst performing stock today and will be staying cash with that for now. I would gladly be wrong, since then all my other stocks will make me money. But I am afraid I would be forced to sell off my other stocks also due to Stop Loss Limit.
Last edited by CCHIPSS on Oct 10th, 2018 7:07 pm, edited 3 times in total.
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Nov 4, 2016
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MMMM wrote:
Oct 10th, 2018 6:46 pm
TSX has risen 2% or greater roughly 94 times since sept 10 2000. And Feb 12 2016 was the last time the TSX rose >2%. The TSX rose 2.94% a few weeks earlier on Jan 22 2016.Grinning Face With Smiling Eyes
Thanks for the research! I knew it was quite a while ago. Feb 12 2016 was almost 2.5 years ago. =)
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Jan 16, 2011
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johanscott wrote:
Oct 10th, 2018 11:14 pm
Holy shit my Chinese stocks are dying.
This morning is going to be INTERESTING....
Newbie
Nov 21, 2015
77 posts
12 upvotes
Vancouver
Holding cash atm and will add some position into blue chip dividend stocks! Safe play.
Jr. Member
Nov 25, 2009
198 posts
43 upvotes
Vancouver
johanscott wrote:
Oct 10th, 2018 11:14 pm
Holy shit my Chinese stocks are dying.
Thinking of dumping chinese stocks for the time being, what do you guys think?
Deal Fanatic
Jan 27, 2006
8834 posts
3053 upvotes
Vancouver, BC
Shaun80 wrote:
Oct 10th, 2018 10:12 am
Good time to buy tech stocks ? Apple Amazon Microsoft Netflix all down
No. Wait for a definite bottom first. Sure you might miss a percent or two on the upside but you might be saving yourself 3 or 4 to the downside.
Deal Fanatic
Jan 27, 2006
8834 posts
3053 upvotes
Vancouver, BC
cn_habs wrote:
Oct 10th, 2018 10:16 am
This is the 5th day of a slump.

Is this a correction due to constantly rising treasury yields or a great buying opportunity?
A bit of rising rates (but that was really telegraphed to the market for the past 12 months so it shouldn't have been a surprise)... but it might have been an excuse by some to take profits at the beginning and then some of the trading algorithms kicked in and people started to panic by selling their ETFs. Remember that last major adjustment...
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Sep 19, 2004
21685 posts
3849 upvotes
Waterloo
Global markets slump following major selloff on Wall Street
Japan -3.89%.
Hong Kong -3.54%.
China -5.22%.
India -2.17%.
London -1.71%.
Paris -1.39%.
Frankfurt -1.35%.


Wow

Early premarket losers include SQ, AMZN, NFLX

Oct. 11, 2018 5:46 AM ET|By: SA Eli Hoffmann, SA News Editor
Early premarket losers. Lots of tech stocks, oil stocks and miners.

SQ -9.9%. NIO -8.9%. BILI -6%. BZUN -5%. DBX -4.9%. VIPS -4.9%. PDD -4.8%. RIG -4.6%. INFY -4.6%. SMI -4.3%. IQ -4%. SNAP -3.6%. JD -3.3%. BABA -3%. AMD -3%. TEVA -2.75% NVDA -2.6%. MU -2.3%. RIO -2.2%. BHP -2.1%. NFLX -2.1%. BP -2%. AMZN -2%. AAPL -1.7%. FB -1.7%. TSLA -1.36%. CS -1.6%. TWTR -1.6%. TOT -1.5%. MSFT -1.3%.
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Deal Addict
May 18, 2015
1242 posts
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Ottawa,Ont
What are people targetting to buy today? I am looking at EIF, BCE
Sr. Member
Feb 26, 2017
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nikels21 wrote:
Oct 11th, 2018 8:04 am
What are people targetting to buy today? I am looking at EIF, BCE
I don't have any funds/margin that I'm comfortable using :( and won't for another month. If I did probably tech (AMZN, TXN) and industrials (CP, ITW).
Deal Addict
Nov 9, 2013
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Chance7652 wrote:
Oct 11th, 2018 8:29 am
I don't have any funds/margin that I'm comfortable using :( and won't for another month. If I did probably tech (AMZN, TXN) and industrials (CP, ITW).
I have some margin I may use today, although if this is just the beginning I should wait it out and see. Perhaps I’ll dip my toe in?
Sr. Member
Feb 26, 2017
741 posts
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treva84 wrote:
Oct 11th, 2018 8:50 am
I have some margin I may use today, although if this is just the beginning I should wait it out and see. Perhaps I’ll dip my toe in?
I think its not a bad idea. If you can save a bit for a couple more buys that might be good in case it keeps going down.
Member
Dec 27, 2002
481 posts
84 upvotes
Mississauga
I added to XAW yesterday (too early, probably), and EIF. Looking to add to BCE, since I don't have enough to DRIP right now.

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