Dow Jones Base Jumping - Topic

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Mar 4 2021 01:46pm

Keep softening the blow with daily option trading but still losing money.

Getting sick of the volatility though. I miss the good old days of like +/- 1-2% monthly gains or losses instead of having literally every day be like 3% up or down on a daily basis.

This post was edited by ofthevoid on Mar 4 2021 01:46pm

dro94

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#2842

Mar 4 2021 02:20pm

Quote (excellence @ Mar 4 2021 06:59pm)

thank you my friend! i just thought financials lagging last year would eventually catch up (they always win) and oil demand is a product of vaccines/reopenings/foolish bureaucratic procedures with energy policy.

i travelled for a month for work and some personal matters - gas prices are up 50% from when i last filled up the tank up until today when i filled up.

yeah faang isnt going anywhere. i just think tech way overperformed in 2020 due to a variety of factors. maybe they performed reasonably but doing that again in 2021 seems to be a tough sledding

e: shell slashed their dividends, i was so mad about that. i bought some last year right before they announced that. dumped it out of scorn lololololol. its still a great play just no juicy divvys

I take the view of dividend irrelevance theory. I'd even go further and say it's better to pay fewer dividends and reinvest it to increase future profits for shareholders, and that firms paying high dividends don't have enough ideas on how to grow their business

Want to get into some car manufacturers like Volkswagen and Hyundai but I'm a bit late to the party now

excellence

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#2843

Mar 4 2021 03:21pm

Quote (dro94 @ 4 Mar 2021 15:20)

yeah for certain stocks i like dividends, long term shit that doesnt move alot (KO, PEP, JNJ) or stuff like oil companies. Other ones nah just reinvest it and be more profitable so the stock price pumps

114131

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#2844

Mar 4 2021 03:24pm

RIP 3 months of gains...

Pharaohmon

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#2845

Mar 4 2021 04:01pm

My portfolio got roflstomped 🩸

excellence

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#2846

Mar 4 2021 04:20pm

tbh im wondering whats with the negative market. multiple vaccines and promises of mass vaccination by summer. lack of confidence going forward or a slap of reality kicking in?

maybe firms dumping so they can hoover it up for a summer run upwards.

Bazi

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#2847

Mar 4 2021 05:08pm

Quote (excellence @ Mar 4 2021 04:20pm)

I’m hoping just profit taking with good earnings

Linux

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#2848

Mar 4 2021 07:38pm

After hours is looking ugly 😅

Pharaohmon

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#2849

Mar 4 2021 07:44pm

Blood bath boys

ofthevoid

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#2850

Mar 4 2021 07:53pm

Quote (excellence @ Mar 4 2021 05:20pm)

It's a combination of things imo. The first part is that there's a significant rotation out of growth/tech into value. We see that if we compare Nasdaq versus S&P 500 value etfs for example. One's down like 5% the other is up 5%. The second one which I think is the market risk to all equities is we have multiple compression. The pundits were talking about it over the summer that with zero rates it makes sense for multiples of p/e to expand to explain why stocks were rocking higher. Now that the interest rate is organically popping there's multiple contraction. I think the fed will step in and save the markets though. There's simply too much debt for the IR to go up even though honestly in a rational world that needs to happen.

This post was edited by ofthevoid on Mar 4 2021 07:59pm

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