i was listening to a good trader talking about how these fib levels are all you have when there is nothing historical to the left of it, because moon. it kinda made since.
you don’t think it’ll pull back pretty good off that 3.618?
SVTP stock pick thread.
- Thread starter STAMPEDE3
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you don’t think it’ll pull back pretty good off that 3.618?
do you think those metrics of evaluating companies are a little dated? because many are outrageous, and they just keep going. and I’m not being a smartass, I’m new to this and it just kinda feels like many irrational things are happening, but not a lot to compare it to.
Companies that are new often have skewed P/E's. This is not one of them. That said, market momentum has run over plenty of shorties. I wouldn't bet against crypto right now and I think it's rat poison.
Yeah there's gonna be some good loss porn on NVDA come outta the woodworks. Here's some for crypto today lol
Sent from my iPhone using Tapatalk
Yeah there's gonna be some good loss porn on NVDA come outta the woodworks. Here's some for crypto today lol
Sent from my iPhone using Tapatalk
If I had owned NVDA and bought around $200 a year ago, I would have punched at $400, LOL. Trying to catch a momentum play is for the young. I rode the first wave of Intel and Microsoft and punched out by dumb luck just before the 2000 tech crash.
I bought 76 shares of MSFT at around $42. After reinvesting dividends I'm at 84 shares. Definitely my biggest W so far and don't plan to sell. NVDA I bought at $170, not sure if I'm going to sell or not.
Wow. Yahoo Finance really changed their format. Looks...I don't know, kind of more serious. I think I like it.
I like the Yahoo platform, but still using the older version.
I just clicked on it today and it was changed from yesterday. Sort of reminds me of the precious metals website I follow.
I still have a option to use the new one. I just don't like the way the new one shows the major markets. Other than that it's fine.
Looks like we'll be getting a nice hair cut today. CPI a tad higher than expected.
I was thinking (as much as my fragile little mind can) on the way into work today about how much "irrational exuberance" the market has seen lately. It is certainly due for some pull-back / profit taking.
My boss told me I'm getting $50k in stock over three years in my review last week. They price into shares on Mar 1 so hoping for additional declines between now and then.
As for NVDA there will certainly be volatility going forward but my greatest losses in the market in my lifetime were from selling a stock years if not decades too soon. Examples are AAPL, MSFT, AMZN, NFLX, and TSLA. I made great money on each, but would have made life changing money had I held them.
My boss told me I'm getting $50k in stock over three years in my review last week. They price into shares on Mar 1 so hoping for additional declines between now and then.
As for NVDA there will certainly be volatility going forward but my greatest losses in the market in my lifetime were from selling a stock years if not decades too soon. Examples are AAPL, MSFT, AMZN, NFLX, and TSLA. I made great money on each, but would have made life changing money had I held them.
At least the stocks have earnings and revenues unlike those in the dot bomb era.
Good luck with the company stock.
As for selling too early...that's been my biggest error as well. After the market meltdown in 2008 I picked up MSFT, WMT and Altria. Sold them all about two years later. Dumb ass.
SSRM on sale.
This x1000%
Trading is NOT really the move, ever.
You just have to own and disassociate
Selling for profit can lead to the largest losses.
Back in the early 2000s, I worked for SBC/AT&T as a senior project manager and for four straight years, instead of giving managers end-of-year performance bonuses, we were given stock options that were good for 10 years.
I retired from AT&T in 2009 and at that point, the options weren't worth anything because the stock price never rose above the option price. By 2014, ALL of my options (12,000) had expired and none of them ended up being worth the paper they were written on.
I literally sold gamestop like 3 weeks before their boom... literally. at around $13 if i remember correctly. SMH
did you watch the netflix documentary on that? it's what made me become addicted to WallStreetBets on reddit
No, I didn't watch it. Should I?
Tell me more. Nah, I like my slow and steady. It's worked out well. Not pretty today so far. lol
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