stock market was up today...

#5,001
#5,001
PKT_VOL said:
Specifically the brick and mortar MP's or MP's in general? I agree on the former but disagree on the later. If anything, the internet/Amazon allows MP's to flourish.
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Yes. Physical stores. eBay sellers and Amazon stores have a niche. Also, as long as the country is being over run by opioid addicts, there's a lot stolen crap to be sold over the internet.
 
#5,002
#5,002
SpaceCoastVol said:
wtf is up with AMZN?
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Overbought just like a lot of traditional stores are oversold. There's a rotation going on into profitable companies that haven't been participating in the markets running up. The all time highs had been happening from the biggest market cappers continuing to go higher. AAPL, nVidia, AMZN, Netflix, Facebook, big banks, etc.
 
#5,003
#5,003
Orange_Crush said:
What I mean by that is that the economy is in horrible condition, we're in a fake recovery, retail is in horrible condition.

To cover the "fakeness" of the recovery, we're told that retail (brick and mortar) are going bankrupt and closing because people are spending their money online.

Well, only ~10% of purchases are spent online.
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Now when you say we are told are you referring to the media or the actual stores closing across the country because their value is in the tank?..
 
#5,005
#5,005
FLVOL_79 said:
Now when you say we are told are you referring to the media or the actual stores closing across the country because their value is in the tank?..
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Media, Politicians, Fed... As opposed to the stores across the country that are closing because sales are in the tank.
 
#5,007
#5,007
Goldman Sachs is predicting that there is an 88% chance we're heading into a bear market in the next 24 months.
 
#5,009
#5,009
Anybody trading options on AMZN? November 17 935 Puts are over $10. I sold some at $30, $25 and $15. My break even is $20, and it's still over 30 days till expiration. Unless AMZN takes a huge dive in the next month, naked puts are a money machine. Risky though, do your own due diligence.
 
#5,011
#5,011
Biopsyman said:
Keep buying on dips
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make%20BTFD%20great%20aian.jpg
 
#5,013
#5,013
I have made so much money this year thanks to the stock market and I haven't even really tried.


Looking forward to the correction so I can r##e the markets like I did when Obama was in making terrible decisions. 40%+ returns a year again? Yes!
 
#5,015
#5,015
A little bit of a drive by here but I wanted to pass this along. My step dad showed it to me this morning.

Robinhood is giving a free stock to those who sign up with a referral code. One for both of us, of course. I wanted to look into trading anyway, since I’m a Realtor and need to start investing better.

I got a stock in Sirius XM ($5) but chance at Apple, Ford, etc.



Robinhood
-
Referral
 
#5,016
#5,016
Going to put money probably just into S&P for now, little by little, but here is proof FWIW. I don’t know if there’s a minimum or not, I was going to do $100 regardless.
 

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#5,019
#5,019
MR_VOL said:
My C.F.P. does not recommend buying GE. What do you like about GE?
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It's a long term play, IMO. They are talking about getting leaner and meaner, and getting out of non-profitable parts of their business. I own it for the dividend of around 4%, and am hoping for long term appreciation.

The new CEO is planning on exiting $20 billion of their business, and instituting $1 billion in cost savings.
 
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#5,021
#5,021
Biopsyman said:
1972 is right.. I have been buying all the way down...Dividend is safe and the CEO is going to flip the company over the time. You will get paid while you wait
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If you have a little extra money, and want to take a chance on a long term flyer, check out CRSP, EDIT, and NTLA. Key words here are little extra, long term, and chancy. I wouldn't invest much into any of the 3.
 
#5,022
#5,022
1972 Grad said:
It's a long term play, IMO. They are talking about getting leaner and meaner, and getting out of non-profitable parts of their business. I own it for the dividend of around 4%, and am hoping for long term appreciation.

The new CEO is planning on exiting $20 billion of their business, and instituting $1 billion in cost savings.
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Thanks everyone for the information.

I love the sound of a leaner and meaner GE. I do not own any GE, so I do not keep up with what is happening with company.

One thing I like about GE is the dividend.

Two things I did not like about GE:

[1] GE was involved in too many business sectors and did not focus enough on core sectors.

[2] GE was too stubborn to "cut and run" when a segment became "low to no" profit.

My C.F.P. has always said GE consistently uses good money to chase bad money.......hopefully this new CEO will change this.
 
#5,023
#5,023
Trump's statements have also raised questions about his understanding of the national debt. In a recent interview with Fox News' Sean Hannity, Trump suggested that gains in the stock market have led to a reduction in the national debt. "We picked up $5.2 trillion just in the stock market," he said. "So you can say in one sense, we are really increasing values and may be in a sense, we are reducing debt."

Utterly clueless.
 
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#5,024
#5,024
OuterBanksVol said:
Trump's statements have also raised questions about his understanding of the national debt. In a recent interview with Fox News' Sean Hannity, Trump suggested that gains in the stock market have led to a reduction in the national debt. "We picked up $5.2 trillion just in the stock market," he said. "So you can say in one sense, we are really increasing values and may be in a sense, we are reducing debt."

Utterly clueless.
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Yeah, not sure where Trump was trying to go with that.
 
#5,025
#5,025
Rasputin_Vol said:
Yeah, not sure where Trump was trying to go with that.
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I would guess that since the government is us, and (we) owe a lot of money in government debt, that (we, or some of us) are richer due to the stock market, so there could be a tradeoff. It's a stretch, but he did say "in a sense." I am sure that he knows it isn't a direct correlation.
 
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