The Rokslide Stock Traders Thread

[Trevor73402]

I don't claim to be the wolf of Wall street or anything, but with the oil market as volatile as it is right now and the emphasis shifting increasingly from fossil fuels to renewables, I can't see alternative energy being anything other than way more sage a long term play than all the oil stocks we've been talking about.

I don’t know how old you are, but I still feel safe saying that oil/fossil fuel will rule supreme in your/our lifetime.

 

[Okhotnik]

Right, IF, you believe that the market gets back to where it was then you could buy now, have it still go down more and still be getting a great discount when it rises back to previous levels.

Id rather have market in the low 20's vs 30 K for long term investing.

 

[Chefofthewoods]

Flipped a couple times in BTC, once in ETH over last 30 days. happy with results.

Get in, get out.

And good luck!

 

[Kimber7man]

Aside from stock trading, are you chaps still contributing to 401K or other similar retirement funds right now? I'm still putting into 401k (target fund) at IRS max pace. Just wondering if there's smarter/alternate strategy I should consider under the current circumstances.

I‘m still pumping in $1k every 2 weeks (Being 54 has advantages). Buying now when it’s down, my 401k plan has Vanguard index funds (VIIIX, VMCIX, VSCIX, VFTAX) plus I put at least 25% into T Rowe Price midcap equity PMEGX.

i thought about dumping a ton in this last month to take even more advantage of these low prices, but I’d cap my company match if I did. hard to pass up free money (4% match!).

 

[jfs82]

I don't worry about dividend

I‘m still pumping in $1k every 2 weeks (Being 54 has advantages). Buying now when it’s down, my 401k plan has Vanguard index funds (VIIIX, VMCIX, VSCIX, VFTAX) plus I put at least 25% into T Rowe Price midcap equity PMEGX.

i thought about dumping a ton in this last month to take even more advantage of these low prices, but I’d cap my company match if I did. hard to pass up free money (4% match!).

Right, always take that free money. Then set up another account for whatever else you prefer.

 

[rob86jeep]

I've been falling victim to the market and taking early profits on stocks I initially bought for the long term due to the volatility. I'm still trying to figure out what I want to hold long and at what price. All I know right now is I want to be long on TSLA, but now I'm just trying to figure out at what price point...

 

[DenverCountryBoy]

What is everyone's favorite Dividend stock? Mine personally is At&T. Almost a 7% dividend and the stock is pretty stable with some potential for growth.

Dividends will be hard to pick right now. Many will be drastically reduced this earnings season.

 

[Doc Holliday]

What are everyone's favorite alternative energy stocks right now? NEE and ENPH are two I've picked up recently, but looking to diversify if we see another dip here in the next few weeks.

I am long on GPP

Sent from my SM-G965U using Tapatalk

 

[OXN939]

I don’t know how old you are, but I still feel safe saying that oil/fossil fuel will rule supreme in your/our lifetime.

Never said it wouldn't. That doesn't mean the transition isn't accelerating.

US renewable energy transition to move faster than anticipated by 2022: FERC report

Federal regulators forecast less fossil fuel and nuclear generation additions over the next three years compared to utility-scale wind, solar and hydropower combined.

www.utilitydive.com

I'm 30. If I were looking at stocks to leave to my kids, oil would not be a top pick.

 

[back country]

Dividends will be hard to pick right now. Many will be drastically reduced this earnings season.

AT&Ts quarterly dividend is supposed to be the same as it was for the last payout @ $.52/share. It went up to $.52 last quarter and is holding steady. That's some good news for ATT stock holders at least

But you're right, there are others that have been drastically reduced lately. I think one of AT&Ts saving graces is how big of a company they are. It is much more well-positioned to weather the current economic storm than other smaller companies.

 

[Broomd]

What is everyone's favorite Dividend stock? ...

CEQP

 

[Danny Hoey]

Threw a couple hundred at AMRN. They've been climbing out of a hole after losing a patent battle and think I can make some short term cash on the.

We shall see.

 

[jfs82]

I've put into the trade desk, square, alteryx recently (none of them at high levels but they're on my dollar cost averaging group). Basically my long term ideas on electronic money exchange rather than cash and targeted online marketing rather than traditional tv/radio advertisement.

 

[Trevor73402]

I didn’t do worth a shit today. Didn’t get hurt at all, but I sure didn’t make anything. I picked up some pharmaceutical stuff.

 

[HuntHarder]

I was up pretty good today. UAL and AMD were my leaders. T had a decent day as well. I sold half of my AMD and did pretty good. Not sure if that was a good sell or not yet. I hit it close to today's high, but think it might do pretty good tomorrow too. Bought in on JPM today and almost pulled the trigger on a large TSLA order. Chickened out last minute ( got busy at work) and missed out on, what would have been, a great quick flip today. Oh well, there is always tomorrow.

 

[KNASH]

Aside from stock trading, are you chaps still contributing to 401K or other similar retirement funds right now? I'm still putting into 401k (target fund) at IRS max pace. Just wondering if there's smarter/alternate strategy I should consider under the current circumstances.

Note good guidance for 401K fund investments right now is 100% Large Equity/Growth vs bond funds. Also recognize Target Retirement Date funds, esp near term dates, have a conservative portion that includes bonds, and may be best avoided.

 

[Broomd]

I'm not sure what your time frame is with MIK but I personally wouldn't touch it with a 10 ft pole. Its been down trending for years and recently its been heading lower well before this overall "dip" started.

I'm swinging ZM and CHWY over the weekend. Nothing crazy.

Today little MIK topped 33% more than I paid...took a couple of weeks but the profits were tasty.

 

[jfs82]

Little MIK topped 33% more than I paid today....took a couple of weeks but the profits were tasty.

Nice, my enphase is up 30% from my entry point. My best returns in the recent market by far.

 

[Thunderer]

Very good numbers throughout all of my <1 month positions. The airlines are doing well after hours. Amazon is near its 52 wk high. SPY has been bullish for a good month. Oil has been trading sideways for two weeks, but still up significantly from mid-March positions. Berkshire Hathaway is steady, and is my worst performer so far (relative to the others).

I don't know what's going on, but that TSLA position I grabbed last week is up 38% through today's close Extended hours shows it going up again, already climbed 1.5% in an hour. Sell stop limit is set overnight. This cannot be sustainable.

Still not brave enough to begin trading options again.

One very strange stock is MGM. All of their Las Vegas locations locked down, but have been trading higher and higher since March. Their chart looks almost identical to SPY, and I'm not sure what to make of that.

 

[Broomd]

Very good numbers throughout all of my <1 month positions. The airlines are doing well after hours. Amazon is near its 52 wk high. SPY has been bullish for a good month. Oil has been trading sideways for two weeks, but still up significantly from mid-March positions. Berkshire Hathaway is steady, and is my worst performer so far (relative to the others).

I don't know what's going on, but that TSLA position I grabbed last week is up 38% through today's close Extended hours shows it going up again, already climbed 1.5% in an hour. Sell stop limit is set overnight. This cannot be sustainable.

Still not brave enough to begin trading options again.

One very strange stock is MGM. All of their Las Vegas locations locked down, but have been trading higher and higher since March. Their chart looks almost identical to SPY, and I'm not sure what to make of that.

You've got a helluva portfilio. Excellent.

I'm getting there.....slowly getting a few dogs out that I started with with this day/long trading, shaping up one stock at a time. I'm just hopeful to catch a least one more solid dip to sink some green in these companies. One would think that with so much bad news yet to come they'll be some steep drops, but maybe it's baked in at this point.