The Rokslide Stock Traders Thread

[southLA]

Literally no one saw that coming.

 

[007hunter]

New lows incoming?? Good news better be coming or my crystal ball shows new lows by months end.

 

[String&stick]

Anyone keeping tabs on the developments happening in Chinese real estate? After their issues earlier this year with a giant developer missing payments, they now have citizens boycotting mortgage payments due to construction delays and ever increasing prices. . . Being china they are cracking down on the news but if china's RE market takes a dump look out, it's about 25% of their economy and if it melts down it's going to have some spill over effect. Should be interesting to watch over the next couple of months.

 

[eddielasvegas]

Just MHO, but cash is probably a smart play for the next 12 months.


Eddie

 

[Ariettabob]

United States NAHB Housing Market Index

Get the NAHB Housing Market Index results in real time as they're announced and see the immediate global market impact.

www.investing.com

One of this threads stalwarts posted a graph showing the correlation between the housing index and the market. Well this months report certainly doesn’t point to a market upswing.

 

[Okhotnik]

Anyone keeping tabs on the developments happening in Chinese real estate? After their issues earlier this year with a giant developer missing payments, they now have citizens boycotting mortgage payments due to construction delays and ever increasing prices. . . Being china they are cracking down on the news but if china's RE market takes a dump look out, it's about 25% of their economy and if it melts down it's going to have some spill over effect. Should be interesting to watch over the next couple of months.

Been following China too. Bank runs, realestae crashes. etc. Definitely spill over to the west

 

[Okhotnik]

Good ol Cramer and his predictions

 

[ramsdude47]

Just MHO, but cash is probably a smart play for the next 12 months.


Eddie

I’m holding out till q2 earnings reports coming up soon here, and then will probably liquidate a lot of my stocks at that point. The oil and gas earnings are going to be astronomically high.

I don’t really see much short term upside in most of my holdings, nor most other options at this point. I’m anticipating the option to buy back anything I want for a long term play for a considerably lower cost at some point in the next few years.

 

[badgerboy]

Just MHO, but cash is probably a smart play for the next 12 months.


Eddie

Eddie, have greatly appreciated your posts on this thread in the past! I'm younger so continuing to invest steadily as I believe anything is a bargain for me in the grand timeline. Help me understand why cash would be a good hold over the next 12 months when inflation is strong.

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[ramsdude47]

I’m far from a financial guru, but the reason I align with Eddie’s stance of holding cash is to be ready to pounce on opportunities.

 

[go_deep]

Well, I'm beginning to believe I totally screwed up. Could have sold PGAS for a really nice profit not that long ago, now it's doing nothing, literally days go by with no shares even selling.

I'm starting to hold cash also, just simply feel like they're buys coming.

 

[bozeman]

highly tempted to liquidate 90% of portfolio and hold/invest in other options.........or just completely ignore it and keep investing no matter high/low......hoping long term its a solid strategy.....

 

[Danny Hoey]

Still stockpiling CCXI and swinging LABU.

 

[Kimber7man]

highly tempted to liquidate 90% of portfolio and hold/invest in other options.........or just completely ignore it and keep investing no matter high/low......hoping long term its a solid strategy.....

I didn't get out soon enough this time so letting it all ride, and buying some every month no matter what. not trying to time it.

 

[rickjames80]

I’m far from a financial guru, but the reason I align with Eddie’s stance of holding cash is to be ready to pounce on opportunities.

I just seem to have a hard time seeing the opportunities...

 

[DiabeticKripple]

SLB posts great earnings. hope it goes back up to $50

 

[Kilboars]

I’m far from a financial guru, but the reason I align with Eddie’s stance of holding cash is to be ready to pounce on opportunities.

I held on to a lot of cash during the Obama administration and missed out a lot of opportunity.


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[Kilboars]

highly tempted to liquidate 90% of portfolio and hold/invest in other options.........or just completely ignore it and keep investing no matter high/low......hoping long term its a solid strategy.....

I always say at the end of the day believe in America. Even the world goes to hell in a hand basket this is gonna be the best place to be and invested in. Just my opinion


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[Sherman]

Brace yourselves....the Biden admin is attempting to change the definition of “recession” ahead of Thursday’s GDP report.

 

[DenverCountryBoy]

Brace yourselves....the Biden admin is attempting to change the definition of “recession” ahead of Thursday’s GDP report.

Instead of two consecutive quarters of negative GDP, recession is now whatever they say it is. Don't worry though, they will totally tell you when we are in recession.

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

GDP come out Thursday 8:30 EST.

Russia is turning off another natural gas turbine for maintenance on the 27th. This will reduce Nord Stream from 40% to 20% of capacity.

Institutional investors are starting to move back into oil and gas.

Blackrock is amassing a war chest to go on a residential property buying spree during the coming down turn.

I think automotive numbers are going to be bad in the second half. My mom ordered a vehicle last winter as did my wife. They were scheduled to be built in September. Last week, they both jumped ahead 7 weeks. The only way I can think that would happen to both of them is if there were a lot of orders canceled.

Sold off the automotive stocks for now.