All things STOCKS

#20,002
#20,002
Wonder if today (and maybe throughout the week) ends up being some kind of panicky, liquidation phase. Market has been teetering for a little bit (looks like it wants to break down, but ends up not) and basically everything is down except oil and the dollar. Even previous metals and energy stocks are getting smoked; that sounds like people selling what they can.
 
#20,003
#20,003
Thunder Good-Oil said:
AVAV is up 4.65% to $218.00
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Thought that was an over-reaction for them.

But, yeah..you are right. They are more of a cherry on the sundae type company for the Department of War.

W/O any research, Lockheed Martin, Raytheon, Northrup Grumman would be my three picks I think.

In ole days, Boeing was in that mix; now days, their private business is too concerning for my taste.
 
#20,004
#20,004
Jax_Vol said:
Thought that was an over-reaction for them.

But, yeah..you are right. They are more of a cherry on the sundae type company for the Department of War.

W/O any research, Lockheed Martin, Raytheon, Northrup Grumman would be my three picks I think.

In ole days, Boeing was in that mix; now days, their private business is too concerning for my taste.
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But the BA private business is a duopoly and IIRC Airbus hasn’t been hitting home runs either. However there are probably better places to put investment capital than BA. The industry as a whole might be broken. Are the big ass jets that important with a chaotic world? What’s international travel looking like? The smaller, regional jets might be more economically feasible. Embraer possibly.
 
#20,010
#20,010
DinkinFlicka said:
Trying to figure out where to do significant entries or, more importantly, when.
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This is a strange market/tough tape and has been for months now. Personally it feels like the market wants to crack, but at the same time these repeated recoveries after attempts to sell off in response to various news events can be seen as bullish. There are a bunch of big name, leadership stocks that are well off the highs, but breadth remains pretty good. The tape earlier today looked like it was setting up for some liquidations/panicky-type selling (even gold was down, which you figure it would be up given the news), which could set up some kind of actionable bottom, but we've recovered sharply again.
 
#20,011
#20,011
05_never_again said:
This is a strange market/tough tape and has been for months now. Personally it feels like the market wants to crack, but at the same time these repeated recoveries after attempts to sell off in response to various news events can be seen as bullish. There are a bunch of big name, leadership stocks that are well off the highs, but breadth remains pretty good. The tape earlier today looked like it was setting up for some liquidations/panicky-type selling (even gold was down, which you figure it would be up given the news), which could set up some kind of actionable bottom, but we've recovered sharply again.
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That's why I've been mostly cash for a while. Not much rhyme or reason lately.

My cash puts have worked decently well barring an oversight on my part and doing a few RUN puts on earnings week last week (I don't typically touch options on anything if it reports that week) but it feels weird not being long on a position right now.
 
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#20,012
#20,012
DinkinFlicka said:
That's why I've been mostly cash for a while. Not much rhyme or reason lately.

My cash puts have worked decently well barring an oversight on my part and doing a few RUN puts on earnings week last week (I don't typically touch options on anything if it reports that week) but it feels weird not being long on a position right now.
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I do think you put long-term cash to work in the S&P with a move to the 200 DMA (even better if it undercuts it and then quickly gets back above it). Even better if it coincides with a VIX spike into the 30s or 40s.
 
#20,013
#20,013
05_never_again said:
I do think you put long-term cash to work in the S&P with a move to the 200 DMA (even better if it undercuts it and then quickly gets back above it). Even better if it coincides with a VIX spike into the 30s or 40s.
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Good thinking. SGOV has been suggested to me by my father, but he's pretty conservative with how he handles his port.
 
#20,017
#20,017
Asia getting smoked again overnight. KOSPI down another 9.5%, Nikkei down almost 4%. These are after incredibly large run ups though, especially in South Korea. US futures have also gotten weaker; S&Ps were flat and are now down about 0.4%.

I wonder if the sharp indications lower followed by buying in US markets the last 2 days during the cash markets is foreign selling overnight.
 
#20,019
#20,019
Several employment reports are being released through the rest of the week. ADP’s employment report kicks it off in less than an hour.

The Beige Book is at 2pm today, but no Fed rate adjustment in 2 weeks is the near unanimous consensus. It will be interesting to hear how all this economic uncertainty is being viewed though.
 
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