Not seeing much interesting to buy yet.....gut says the SP500 will start fighting back now
Locked: What did you buy? What might you buy??
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- Guest033746887
- Deal Expert
- Jun 26, 2011
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- Syne
- Deal Guru
- Dec 7, 2009
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CUS.TO having a good day so far, up 1.23%.
For me, it simply means that after 2 weeks of trading for my first time ever, with only $1,100 invested, I've made $35.00. Not overwhelming by any means, but when you consider fees eating up my margins, and the fact that I'm investing a very tiny amount, as someone brand new to this, I'm left with an overall positive impression.
For me, it simply means that after 2 weeks of trading for my first time ever, with only $1,100 invested, I've made $35.00. Not overwhelming by any means, but when you consider fees eating up my margins, and the fact that I'm investing a very tiny amount, as someone brand new to this, I'm left with an overall positive impression.
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Check out caRpetbomBer's picks in this thread.
Check out caRpetbomBer's picks in this thread.
- jesse.millette
- Jr. Member
- May 7, 2009
- 169 posts
- 31 upvotes
- Hamilton
cant say i agree.RolandCouch wrote: ↑gut says the SP500 will start fighting back now
but i sold all my holdings last week in prep of a decline. only holding HVU right now.
i'll buy back in, but not until next week at the earliest.
- deal_with_singh
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- Feb 11, 2009
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- Lostwords
- Deal Addict
- Feb 6, 2012
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syne wrote: ↑cus.to having a good day so far, up 1.23%.
For me, it simply means that after 2 weeks of trading for my first time after, with only $1,100 invested, i've made $35.00. Not overwhelming by any means, but when you consider fees eating up my margins, and the fact that i'm investing a very tiny amount, as someone brand new to this, i'm left with an overall positive impression.
3% roi
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- Guest033746887
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- Jun 26, 2011
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- GTA
Wow...sold everything?jesse.millette wrote: ↑cant say i agree.
but i sold all my holdings last week in prep of a decline. only holding HVU right now.
i'll buy back in, but not until next week at the earliest.
Good luck. Looks like the decline continues and may end at the low of the day if it keeps up. Unfortunate that I didn't hold off longer to stomach the initial paper loss on HVU, things are looking good for you now.
- rodbarc
- Deal Fanatic
- Dec 14, 2010
- 7113 posts
- 9300 upvotes
Sold for $67.68.
SPY hit very close to EMA(100) (less than $182) a few times today and keeps bouncing back. It might retest $184 next week if earnings are good. Locking profits now, will enter again next week if SPY tries $184 and fail or if SPY goes below $181.
Still think SPY will test $176 in the next 2 weeks.
Rod
- bluejazzy
- Sr. Member
- May 5, 2010
- 971 posts
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I started a small position today (50), have been on the side lines watching it since it was in the mid 50s, today in at 69.20. I think theres a little more room for it to possibly go down, which in the case i'll average to 100 shares and see what happens.deal_with_singh wrote: ↑Just put in an order for $69.25 thanks for the heads up, would've never caught my eye otherwise.
- RBK
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- Mar 5, 2005
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Wow nice call on QXP.V +64% today...
- iceman2929
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- zyphere
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- paul29m
- Deal Addict
- Feb 23, 2014
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These last two weeks is your first time trading ever? a 3% gain is pretty damn good. The markets have been a bloodbath for the most part, however by tax deadline (Wednesday) markets should be moving higher. there's lots of value out there. I'd take that 3% gain and look for a good company that's been absolutely beaten down.Syne wrote: ↑CUS.TO having a good day so far, up 1.23%.
For me, it simply means that after 2 weeks of trading for my first time ever, with only $1,100 invested, I've made $35.00. Not overwhelming by any means, but when you consider fees eating up my margins, and the fact that I'm investing a very tiny amount, as someone brand new to this, I'm left with an overall positive impression.
- Stephen55
- Jr. Member
- Nov 1, 2013
- 140 posts
- 31 upvotes
- Toronto
Really..im thinking the opposite...Most major indices were up 30% last year and people made a lot of money...gotta pay those tax bills so im expecting more of a sell offpaul29m wrote: ↑These last two weeks is your first time trading ever? a 3% gain is pretty damn good. The markets have been a bloodbath for the most part, however by tax deadline (Wednesday) markets should be moving higher. there's lots of value out there. I'd take that 3% gain and look for a good company that's been absolutely beaten down.
- deal_with_singh
- Deal Expert
- Feb 11, 2009
- 20055 posts
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I'm not too worried about SBUX. I think anything <$70 is undervalued. Had some spare USD sitting around in my RRSP account so picked up a 100 shares. I usually don't "trade" much in my RRSP, most holdings are just there for the long run.
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- dlhunter
- Deal Fanatic
- Jun 27, 2007
- 5507 posts
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expiration week tends to be bullish, April is 70% of the time positive. That said, I'm expecting the market to take out Friday's lows on Mon-Tue, then rally into Thur. Huge support on S&P was lost (1840), bearish reversal pattern on monthly chart, big deterioration in market internals, etc. Path of least resistance is down, at least 10% correction will take S&P down to 1680. The bounce next week is 100% shortable.
- rebootme
- Jr. Member
- May 14, 2011
- 177 posts
- 49 upvotes
- ..
My take also. The markets tend to oversell and I've got my buy orders in to average down existing holdings. Also looking to pick up a few BBD.B under $4.00.dlhunter wrote: ↑expiration week tends to be bullish, April is 70% of the time positive. That said, I'm expecting the market to take out Friday's lows on Mon-Tue, then rally into Thur. Huge support on S&P was lost (1840), bearish reversal pattern on monthly chart, big deterioration in market internals, etc. Path of least resistance is down, at least 10% correction will take S&P down to 1680. The bounce next week is 100% shortable.
- deal_with_singh
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- Feb 11, 2009
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My strategy is to always buy when the market is selling, and thats why this weeks been great
Realtor (Investment Properties) - CPA, CA
- MehtabS
- Deal Addict
- Feb 25, 2014
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- Mississauga
The reason why I don't have buy, buy,, in my siggy anymore.dlhunter wrote: ↑expiration week tends to be bullish, April is 70% of the time positive. That said, I'm expecting the market to take out Friday's lows on Mon-Tue, then rally into Thur. Huge support on S&P was lost (1840), bearish reversal pattern on monthly chart, big deterioration in market internals, etc. Path of least resistance is down, at least 10% correction will take S&P down to 1680. The bounce next week is 100% shortable.
- rebootme
- Jr. Member
- May 14, 2011
- 177 posts
- 49 upvotes
- ..
I have a similar strategy. Downward market momentum and upward market momentum often tend to continue over 3 consecutive days; that's why I place lower buy orders after the first couple of days stocks on my watchlist are falling in price. So far have been pretty good at filling at the lower lows.deal_with_singh wrote: ↑My strategy is to always buy when the market is selling, and thats why this weeks been great
- Songvo
- Newbie
- Feb 12, 2014
- 3 posts
- Mississauga
Does anybody follow FCU? Do you think it will be a buy-out target?
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