AstuteShift wrote: ↑Mon Mar 15, 2021 12:15 pm
I do stocks on the plays with no options however I keep the discipline to not over invest in any particular play. The only exception is when the market crashes, that’s when I go all in on either leverage ETFs or the good old QQQ (Nasdaq 100).
I also bought QQQ on the latest dip, although I'm still small... using 1 or 2 of SOL sized lots at a time. I recently doubled my lot size so I could deploy more cash since I've only been 40% invested this year.
Question for you guys: This weekend the WSJ had an article saying that this year the trend has shifted from tech/growth to Value stocks. They pointed out some financeg and energy stocks that are up 30% this year versus Nasdaq plays which have languished in the last few weeks meaning for the year 2021 they aren't up as much.
While it is true that a few of our financial stocks are doing well I'm wondering what you think of deploying extra cash into the QQQ versus say DIA. In short do you believe the general premise that "value stocks" will grow more than tech stocks this year?
Nasdaq leads the charge and now cooled off a bit. If you’re swing trading dailies then buying at low end of the range and selling to the high end of the range is a good strategy.
However, eventually the Nasdaq will go back to being the king eventually.
Right now finance and oil stocks are catching bids and rallies, so remember certain sectors will get destroyed and the markets will still power up higher due to the hot money factor
The market of disorder is really MP all around. Once Dow reaches 33k then we will see more insanity
AstuteShift wrote: ↑Mon Mar 15, 2021 2:55 pm
Nasdaq leads the charge and now cooled off a bit. If you’re swing trading dailies then buying at low end of the range and selling to the high end of the range is a good strategy.
However, eventually the Nasdaq will go back to being the king eventually.
Right now finance and oil stocks are catching bids and rallies, so remember certain sectors will get destroyed and the markets will still power up higher due to the hot money factor
The market of disorder is really MP all around. Once Dow reaches 33k then we will see more insanity
One interesting thing in our portfolio is how well the Pot stocks are doing. Even MJ ETF is up sharply. I think doubling down on Pot might be warranted.
Current atmospheric levels of CO2 (400ppm) are much lower than 500 million years ago (3000-9000ppm).
Triplethought wrote: ↑Mon Mar 15, 2021 2:46 pm
Question for you guys: This weekend the WSJ had an article saying that this year the trend has shifted from tech/growth to Value stocks. They pointed out some financeg and energy stocks that are up 30% this year versus Nasdaq plays which have languished in the last few weeks meaning for the year 2021 they aren't up as much.
A rough rule of thumb (or middle digit in my case) is if you read it in the press, the move is topping out.
..whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government..
Triplethought wrote: ↑Mon Mar 15, 2021 2:46 pm
Question for you guys: This weekend the WSJ had an article saying that this year the trend has shifted from tech/growth to Value stocks. They pointed out some financeg and energy stocks that are up 30% this year versus Nasdaq plays which have languished in the last few weeks meaning for the year 2021 they aren't up as much.
A rough rule of thumb (or middle digit in my case) is if you read it in the press, the move is topping out.
Well said the press has only one function is to recycle old news and make it appear new or bombastic. You would be better of talking to rat or reading tea leaves for advice
In terms of a sharp correction, unless the trend changes, the stronger the deviation the better the opportunity
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply
The end is always near; its the beginning and how you live each moment that counts the most
