Official Short-term Investments Thread

[Sugarphreak]

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[phreezee]

GOOS is synonymous with douchey Chinese. Boycott should not be under estimated.

84364

[max_boost]

Predictions for 2019? Buy the dips? Keep dollar cost averaging?

What will the indexes return? Tsx, Dow, sp500, nasdaq etc.

Basically break even for 2018. The 10% I was up has vanished lol

[BavarianBeast]

The political climate in Canada/USA is too fucked up right now to make any accurate predictions imo. Things can go both ways too quickly.

[phreezee]

All the experts say expect 5% tops from the indexes. Greenspan says the correction will be crippling if it happens. Lots of doom and gloom.

[max_boost]

My stuff is all long term but I add positions monthly so the plan is to do that and then not look at it lol

[rx7boi]

Predictions for 2019? Buy the dips? Keep dollar cost averaging?

What will the indexes return? Tsx, Dow, sp500, nasdaq etc.

Basically break even for 2018. The 10% I was up has vanished lol

I'm tempted to buy more since things are on the downtrend but I know that Couch Potato strategy dictates that you continue to put in the same amount of money every month whether it goes up or down.

I don't daytrade or own any stocks but all of the Canadian banks are close to their 52w low which has gotten me thinking.

[taemo]

trying to hold off buying any more stock until early next year but some dividend and banking stocks are definitely going for a good price right now.

thinking of putting more money down next year for sure though before the next bull run

[msommers]

What stocks are you looking at taemo?

[taemo]

What stocks are you looking at taemo?

US Market, I'm most heavily invested on Apple, Microsoft. I put some limit order for MS in case it drops to my wanted price after the recently rate increase announcement.

Cad Market, I'm concentrating with dividend stocks right now, have my eyes on CHR and NVU.UN at the moment and thinking of buying some pipeline stocks next year too.
RY and CM are on my watch list too

[BavarianBeast]

Put 30% of my portfolio into suncor today despite how shitty Canadian oil is. #yolo

[Manhattan]

Markets usually reach extremes on both sides of the pendulum. I'd say we're just beginning the down swing but not we're not near a capitulation yet. US economy and unemployment numbers are still red hot. Markets are a forward looking device so it's anticipating a cool down soon. I think valuations will get even cheaper once the feared recession actually hits and the fear becomes not when will the recession come but how bad will it get.

You know its a good time to buy when the thought of buying into something gives you the cold sweats and sweaty palms. Feeling great after buying and thinking you're a genius usually ends badly.

[Sugarphreak]

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[phreezee]

Picked up some IPL, another good dividend stock as I had SU.

[rx7boi]

Markets usually reach extremes on both sides of the pendulum. I'd say we're just beginning the down swing but not we're not near a capitulation yet. US economy and unemployment numbers are still red hot. Markets are a forward looking device so it's anticipating a cool down soon. I think valuations will get even cheaper once the feared recession actually hits and the fear becomes not when will the recession come but how bad will it get.

You know its a good time to buy when the thought of buying into something gives you the cold sweats and sweaty palms. Feeling great after buying and thinking you're a genius usually ends badly.

Is it typical for people to move positions back into cash during times like this and buy at the lowest or is it too hard to predict whether the bull run will end?

[ExtraSlow]

Put 30% of my portfolio into suncor today despite how shitty Canadian oil is. #yoloGood stock, although not one I would personally consider short term.

[Brent.ff]

while not short-term, this market sure is making me think twice about putting my year-end into my RRSP vs taking as cash

[JustinL]

What are you guys looking to buy when this all settles down? I've been keeping my eye on Amazon and the other FANG+Msft.

[Sugarphreak]

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[kJUMP]

What are you guys looking to buy when this all settles down? I've been keeping my eye on Amazon and the other FANG+Msft.

i personally won't be buying anything until mid-late jan at the earliest... seems like exchanges worldwide are entering the clutches of a bear market and there won't be a huge bounce up anytime soon. so time is on your side, hopefully you can get in at a really low price with patience. another idea is to take your allocation for investment and divide it into say 5 different equally spaced transactions over the next 3-6 months...

i always like FANG stuff but F is looking really sketchy right now, unsure how that will play out. also keep in mind there's a lot of other sectors to consider, financials, utilities, consumer goods etc so good to be broad (but not too broad).

[TomcoPDR]

EDIT: The fuck.... are markets closed? No wonder my orders are not going through. Did I get up that late today, haha

EDIT 2: WTF!!! It is Friday? I thought it was Thursday!

It's a tough life sometimes, haha

You’re on Vancouver time, mkt closes at 1 instead of 2 for you now. Time flies for the rich Sugarphreak

[Sugarphreak]

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[max_boost]

Most balling student I know lol

[Sugarphreak]

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[max_boost]

If only money could buy grades... haha

Seriously though, this is Vancouver... I am trailer trash compared to rich students here :(

Yes. I know my ppl are richer than your ppl lol :bigpimp:

[ExtraSlow]

Maybe the real riches are friendships?

[TomcoPDR]

:love: :love: :love: if only I haven’t maxed out my rep limits for you


Maybe the real riches are friendships?

[ExtraSlow]

I hear ya bro.
84402

[max_boost]

Oh you guys! :love: late night meet soon? Miss your faces!

[max_boost]

Sugarphreak you are a smart man for pulling your money out of the markets cuz it has tanked even more after you did lol :bigpimp:

[TomcoPDR]

It’s like Boxing Day sale :(



Sugarphreak you are a smart man for pulling your money out of the markets cuz it has tanked even more after you did lol :bigpimp:

[max_boost]

It’s like Boxing Day sale :(

ya, i am waiting for a boxing day sale type offer for my place haha :bigpimp:

[BavarianBeast]

Merry Christmas fellas it’s time for a rally

[Misterman]

Good stock, although not one I would personally consider short term.


Here we are 3 trading days later and it's in the profit!!

[rx7boi]

I put a little bit into Shaw and TD this morning. If TD continues to fall, I'll put in more.

[Misterman]

I put a little bit into Shaw and TD this morning. If TD continues to fall, I'll put in more.

One thing I've found beneficial for short term trading is to watch the charts, and never buy on the way down praying to catch it at the bottom. This almost always leads to overpaying when I have done this in the past. I like to wait for the rebound to start, with an oversold indicator on my charts, then get in. Full rebounds don't generally happen in one day.

TD is definitely looking like a nice buy long term wise though right now. Price is down a lot from where they were. Glad I liquidated half of it when they were high 70's.

[rx7boi]

One thing I've found beneficial for short term trading is to watch the charts, and never buy on the way down praying to catch it at the bottom. This almost always leads to overpaying when I have done this in the past. I like to wait for the rebound to start, with an oversold indicator on my charts, then get in. Full rebounds don't generally happen in one day.

TD is definitely looking like a nice buy long term wise though right now. Price is down a lot from where they were. Glad I liquidated half of it when they were high 70's.

I'm pretty new to this so it's interesting to see different approaches to people's successes.

I was watching a Youtube video where Phil Town suggested that you can't always know when the stock will hit bottom so you can put 25% of your cash into it, and if it goes down again, put another 25%, and if it goes even lower, put another 25%.

With your approach to waiting for the rebound, does it offer maximized gains at the expense of safety?

[Misterman]

I'm pretty new to this so it's interesting to see different approaches to people's successes.

I was watching a Youtube video where Phil Town suggested that you can't always know when the stock will hit bottom so you can put 25% of your cash into it, and if it goes down again, put another 25%, and if it goes even lower, put another 25%.

With your approach to waiting for the rebound, does it offer maximized gains at the expense of safety?

I mean there is no one right or wrong way. That's why I try to never tell anyone how to do things, just offer my own perspective on what I have done and learned.

The way I like to do it just prevents me from riding a stock downwards, which adds time before I can flip it since I have to wait for it to rebound back up to my entry point just to break even. Or even worse, having to buy your way out of it by averaging down. And if I catch a deadcat bounce sort of trend, where the stock props up for a day before continuing down again, I still do have room to average down like this Phil Town that you watched said to do.

Doing it this way gives up a bit of potential return, by never catching the absolute bottom. However even if you're buying on the downtrend it is very hard to catch the absolute bottom anyway. So I feel like it evens out in the end return wise. It just adds a layer of safety I feel.

If you're new, TheChartGuys on YouTube have some videos on basic charting. But the MACD is one that short term traders use quite frequently. It would be worth your time to read up on that. It gives you an idea of when a stock is being oversold, therefore the most likely scenario is a rebound correction in the short term when overselling is going on, buyers see a value purchase and move in causing the price to rebound. Weed stocks have been killer for this since it has been all hype and fear trading for the past couple years.

[BavarianBeast]

I’m going to bet there will be at least a 10%+ gain in oil by Jan 7th

[Sugarphreak]

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[O&G]

I’m going to bet there will be at least a 10%+ gain in oil by Jan 7th

Bought a decent amount HOU at 4.35 today. And a bunch ugaz at 40.60.

[BavarianBeast]

Great bet I would say my friend, good luck! Thought about some 3x Bull today but figured I’d sit on suncor and my new Peyto position.

[O&G]

Great bet I would say my friend, good luck! Thought about some 3x Bull today but figured I’d sit on suncor and my new Peyto position.

Peyto is interesting. They have a consolidated play and own facilities. However a ton of their production is marginal per well and are starting to pile up end of life well costs.

[BavarianBeast]

Yeah they have always interested me. I have been in and out of them over the last 5 years and have done quite well with them. Mostly in now to collect a good dividend with what I think will also be some good growth in their SP. How long do you plan to hold HOU?

[O&G]

Yeah they have always interested me. I have been in and out of them over the last 5 years and have done quite well with them. Mostly in now to collect a good dividend with what I think will also be some good growth in their SP. How long do you plan to hold HOU?

Im trying to short trade HOU. I sold the ladt buy same day in 4.50 range. And then this morning before oil and market reversal i bought them all back at 4.30 and sold out again in 4.80s. Ill wait for a pullback again to layer on.

[BavarianBeast]

Right on, hopefully you had some loaded this am.


I’m going to bet there will be at least a 10%+ gain in oil by Jan 7th


Gotta love it when the crystal ball works :rofl:

Nice bet on Canada goose btw

[killramos]

Diffs in light sweet are looking very positive this am

[BavarianBeast]

Sold my AMD this afternoon. Rode it for 2.5 years, going to celebrate tonight lol.

Anybody know if this is worth picking up again? I bought it on a tip and really don't know a damned thing about the industry. Financials starting to improve rapidly.

Cheers

[vengie]

Step energy is looking very attractive at <$2

Damn, STEP up ~30% since this post :banghead:

I still think they have a a lot of upside.

[O&G]

After trading put of ugaz end of last week i put a decent order/filled at 38 tonight - come on cold weather!

[SilverRex]

https://i.postimg.cc/2y4VTYDm/Sentimentrader.png

[O&G]

After trading put of ugaz end of last week i put a decent order/filled at 38 tonight - come on cold weather!

That was fun. A 8% gain in lesz then 24 hours.

[SilverRex]

well will we have a similar playout like 1998 where the stock market plunged 19% made an attempt for a reversal, failed, retested the lows then onto the year 2000 bubble top?

well only time will tell.

https://i.postimg.cc/sgFyzgL4/snp-1998.png

[BavarianBeast]

Really should of bought that leveraged oil bull.

Going to $70 barrel by March.

[O&G]

Unlesz you are plsying daiky swings like me. Im sure there will be a few pull backs on the march up - buy then.

[BavarianBeast]

I might have to. I’m quite well invested into energy at this point though, over 40% of my portfolio is currently energy. Still a nice correlation with energy prices and energy stock gains. Just not as crazy as the leveraged etfs.

[O&G]

I might have to. I’m quite well invested into energy at this point though, over 40% of my portfolio is currently energy. Still a nice correlation with energy prices and energy stock gains. Just not as crazy as the leveraged etfs.

Give it time and then HOD will be the play.

[Misterman]

That was fun. A 8% gain in lesz then 24 hours.

Nice grab!! Gas is too small of margins for me to risk it. If NG dropped to around 2$ I'd pick up something for sure though.

[O&G]

Nice grab!! Gas is too small of margins for me to risk it. If NG dropped to around 2$ I'd pick up something for sure though.


Ill trade this for another 30 days maz due to seasonslity then leave it till next nov

[Misterman]

Ill trade this for another 30 days maz due to seasonslity then leave it till next nov

What sort of swings are you trading on? We definitely don't see the seasonality swings like we used to years ago, but I imagine you can do ok on a 3x leveraged ETF if you're really watching it. I know a guy that lost like 5 million dollars trading NG futures years ago. Shorted it hard in winter time, and the price never dipped in the spring. Eventually it got so bad the trade commission stepped in and froze everything to liquidate whatever they could.

[O&G]

What sort of swings are you trading on? We definitely don't see the seasonality swings like we used to years ago, but I imagine you can do ok on a 3x leveraged ETF if you're really watching it. I know a guy that lost like 5 million dollars trading NG futures years ago. Shorted it hard in winter time, and the price never dipped in the spring. Eventually it got so bad the trade commission stepped in and froze everything to liquidate whatever they could.

Im typically buying and swlling on 1 to 2% swings 1-5 times a day on a few stocks with decent volume.

[Misterman]

Im typically buying and swlling on 1 to 2% swings 1-5 times a day on a few stocks with decent volume.

Oh so you're REALLY watching things. Right on, that's what I'd like to be doing too, don't quite have the time for it yet.

[O&G]

Oh so you're REALLY watching things. Right on, that's what I'd like to be doing too, don't quite have the time for it yet.

Out again this morning for another 5% gain. I feel like UGAZ pulls back early week and gains strength end of week especially Fridays

[16hypen3sp]

What do you guys think of Disney? I was thinking about them today because of their live action movie releases this year. (Dumbo, Aladdin, Lion King)

So I did some googling and I guess they also jacked up their parks ticket prices too and they also have that new Star Wars attraction opening this year.

FOX deal likely closes end of this month too.

[BavarianBeast]

I think Disney is a decent long term hold. I held them from about 2009 - 2017 after they aquired marvel and did alright. They pay a pretty crummy dividend, but they are positioned for a ton of growth in the next decade. Good stock if you have low risk tolerance.

[16hypen3sp]

^ Yah.

I also looked at that HOU but I'm not sure if I should.....

TD and CM look alright I think.

[O&G]

UGAZ looking to pop again this AM.

[rx7boi]

UGAZ looking to pop again this AM.

Goddamn, up 25%

[O&G]

Goddamn, up 25%


Forcasted to be cold next few weeks.

[JustinL]

I think Disney is a decent long term hold. I held them from about 2009 - 2017 after they aquired marvel and did alright. They pay a pretty crummy dividend, but they are positioned for a ton of growth in the next decade. Good stock if you have low risk tolerance.

Agreed, it's a long term play. I've been holding Disney for many years. It just grinds away growing slowly.

[msommers]

Hopefully more than inflation!

[O&G]

Hoping for a temp selloff due to UK non confidence vote today.

[rx7boi]

What's on the watchlist that may be potentially affected by the Brexit news this morning?

[Disoblige]

lol MEG down 37% as minimum tender not reached and no extension.

[ExtraSlow]

lol MEG down 37% as minimum tender not reached and no extension.
Idiots. Enjoy owning that underperforming company.

[Disoblige]

On that note, anyone trying a bottom fishing play with MEG?
I put in a $4.99 stink bid assuming it won't hit. Or will it ;)

[BavarianBeast]

Good news for Husky shareholders.

[gqmw]

On that note, anyone trying a bottom fishing play with MEG?
I put in a $4.99 stink bid assuming it won't hit. Or will it ;)

Haha, I got in this morning for a short-term hold. It was a bit of a market overreaction and I think it'll partially correct itself.

[Disoblige]

Haha, I got in this morning for a short-term hold. It was a bit of a market overreaction and I think it'll partially correct itself.
I'm just trying to think pre-bid stock price for MEG, and then how it would have responded to the production cuts. So honestly, the low to high 5s range kind of makes sense. I'm not sure there is going to be much upside from here. Wouldn't be surprised to see high 4's either.

[asp integra]

lol MEG down 37% as minimum tender not reached and no extension.

:banghead::banghead::banghead::banghead::banghead:

[phreezee]

I'm just trying to think pre-bid stock price for MEG, and then how it would have responded to the production cuts. So honestly, the low to high 5s range kind of makes sense. I'm not sure there is going to be much upside from here. Wouldn't be surprised to see high 4's either.

The entry point into MEG would be after Q4 earnings since everyone had a bad Q4 and I expect it to dip a bit more. MEG shareholder rejection of the $8.50/share bid tells us the market expects MEG is worth north of that. MEG's price was $8.03 at close on Sept 28 before the bid announcement, so there is a good chance at a 40% gain depending on what the oil price does.

[O&G]

The entry point into MEG would be after Q4 earnings since everyone had a bad Q4 and I expect it to dip a bit more. MEG shareholder rejection of the $8.50/share bid tells us the market expects MEG is worth north of that. MEG's price was $8.03 at close on Sept 28 before the bid announcement, so there is a good chance at a 40% gain depending on what the oil price does.

Oil was substantially higher end of sept then it is now.

[phreezee]

Oil was substantially higher end of sept then it is now.
WTI was, but WCS tells the better story here.
WCS was $30.62 on Sept 27, and Jan 17 it is $44.51. 200ma is $8.79 (duration of the bid was 105 days).
Looks oversold to me. This stock follows oil closely so be fully aware when making decisions.

[O&G]

WTI was, but WCS tells the better story here.
WCS was $30.62 on Sept 27, and Jan 17 it is $44.51. 200ma is $8.79 (duration of the bid was 105 days).
Looks oversold to me. This stock follows oil closely so be fully aware when making decisions.

Doesnt matter. Most investors dont know the difference. Plus tons of lsrge money moved out of the cdn sector over last 6 months. Dont see the market going anywhere until wti goes up regardless of the narrow differentials now.

[Disoblige]

The lack of follow through on MEG today from yesterday's last minute run-up to $5.50 tells a lot.
It probably will be OK if you want to long MEG, but I think the risk/reward isn't worth it until it hits at least high $4s for a first position.

On an unrelated note, I'm eyeing an APHA entry again sometime soon; hopefully low 8s/high 7s if possible. With lots of buzz surrounding GGB's new offer and website, I think there are a couple catalysts coming down the line.

[rx7boi]

Feeling pretty good. Shaw is up 10% and TD up 6% since I got into them right before 2019.

I'm small potatoes so these gains are enough to make me happy haha.

[max_boost]

Gains are nice. Collect some dividends, buy some more and keep buying the dips. It's great. It's boring but when your balance gets into the 6 figures, any movement is like being at the casino haha

[ExtraSlow]

Didn't know you could buy in for less than a stack these days...

[Banff_Dude]

I might have to. I’m quite well invested into energy at this point though, over 40% of my portfolio is currently energy.

Ouch. That is brutal.

[BavarianBeast]

Ouch. That is brutal.

Yeah, so brutal that it's allowing me to shop for my next supercar. :cry:

You must not be able to read a chart eh.

[rx7boi]

Yeah, so brutal that it's allowing me to shop for my next supercar. :cry:

You must not be able to read a chart eh.

Keep doing what you're doing bro. There are those of us who prefer to stay positive and be happy for other Beyond members!

Some people just like to haphazardly comment on what is 10% gains on 30% of your portfolio. :rofl:

[max_boost]

Keep doing what you're doing bro. There are those of us who prefer to stay positive and be happy for other Beyond members!



:werd:


Yeah, so brutal that it's allowing me to shop for my next supercar. :cry:

You must not be able to read a chart eh.

:bigpimp: :burnout:

Oracle of Beyond

[Banff_Dude]

Yeah, so brutal that it's allowing me to shop for my next supercar. :cry:

You must not be able to read a chart eh.

C-class AMG and M BMW cars aren't super.

[killramos]

Derp

[16hypen3sp]

Gains are nice. Collect some dividends, buy some more and keep buying the dips. It's great. It's boring but when your balance gets into the 6 figures, any movement is like being at the casino haha

Still not as exciting as betting on the horses tho lol.

[msommers]

still not as exciting as betting on the hookers tho lol.

ftfy

[Misterman]

What do you guys think of Disney? I was thinking about them today because of their live action movie releases this year. (Dumbo, Aladdin, Lion King)

So I did some googling and I guess they also jacked up their parks ticket prices too and they also have that new Star Wars attraction opening this year.

FOX deal likely closes end of this month too.

I dumped Disney after the price was propped up on all the FOX purchase news. They have aspects of the company that are good and profitable, then they have aspects that drag them down. I definitely wouldn't consider them a short term investment.

[rx7boi]

TD is back up in the 70's now. I shoulda bought more around Xmas time but hindsight is 20/20.

I'm just wondering if the market will support it from here on out because analyst expectations say it could hit 80 sometime in 2019 and/or be a good rebound year for TD.

Either way, I think it's a good long term hold so I just have to decide if I want to go long or make some swing trades on other securities.

[Sugarphreak]

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[O&G]

See how this goes. Buying ugaz as its down big today.