2019 Stock Prediction

ArgentCy

Well-Known Member
Jan 13, 2010
20,405
11,148
113
Another pretty big down day but I think the market really took a long time to digest the news this morning. Not sure what that means. Anyway, I think we have a strong possibility of a sharp selloff into October.

I think we could test the 200 week moving averages and the previous low again around 22,115 area. Consistently weaker momentum with each peak and this last breakout looks like a small bull trap. I'm not playing the short side but I will be looking to get more invested.
 

cyfan92

Well-Known Member
Sep 20, 2011
8,244
13,106
113
Augusta National Golf Club
How is $ROKU not a screaming buy.. Someone talk me out of it

This is the single biggest regret I've ever had in my short investing life. Up 380% YTD. I only put $3K @ $30/share 1/1/2019 and exited the position in June near $100/share

Had you put $5K into Roku on 1/1/2019, you'd have about $25K today...

$10K dollar investment would have net you $50K!!!

That's future children's college mostly paid for in 9 months......
 

CycloneDaddy

Well-Known Member
Sep 24, 2006
8,393
7,838
113
Johnston
China and Merica going back to the table in October for more trade talks. Should be a nice boost to the market tomorrow morning.
 

CycloneDaddy

Well-Known Member
Sep 24, 2006
8,393
7,838
113
Johnston
Keep your eye on OMI. I bought at beginning of August for $2.80 and sold today at $7.60 as it hit my stop loss price.

Currently sitting at $7.10 on zero news that I can find. I will buy back in next week if it is in the $6ish range.
 

iowastatefan1929

Well-Known Member
Oct 26, 2006
3,207
1,404
113
**** gdpr in the ***

are u having to implement the back end for it? i could understand your sentiment.

i have accumulated $73 dollars worth of personal data on bigtoken, but plan on cashing in my points for preffered $SRAX shares, which will hopefully trade on tzero or erisx, which will be the first crypto backed by something tangible, namely the total value of all personal data inputted into BIG.

if i could guarantee the person would download, and not delete, and use the app, i would easily and without doubt pay $25 for everyone who used my referral code.
 

iowastatefan1929

Well-Known Member
Oct 26, 2006
3,207
1,404
113
well i think ive hit rock bottom
down some 50-60% since april
went all cash, just took a bunch of losses
so i dont have to pay tax on earlier year gains plus a bunch of long term i liquidated

need a break
need to re evaluate everything
just needed to write this down
 

CycloneDaddy

Well-Known Member
Sep 24, 2006
8,393
7,838
113
Johnston
well i think ive hit rock bottom
down some 50-60% since april
went all cash, just took a bunch of losses
so i dont have to pay tax on earlier year gains plus a bunch of long term i liquidated

need a break
need to re evaluate everything
just needed to write this down
Dont feel to bad Im losing a pretty big chunk in MDR, need a hailmarry at this point.
 

CycloneDaddy

Well-Known Member
Sep 24, 2006
8,393
7,838
113
Johnston
Is that like a micro cap or something? Never heard of it.
Multi Billion dollar company that management has ran into the ground. Management is so good they secured a bridgeloan to stay afloat and they paid themselves millions of dollars in bonuses once they got it.
 

Mtowncyclone13

Well-Known Member
Oct 10, 2012
20,023
9,769
113
grundy center
I've been shorting top gainers for each day and am making about $75/day after commission doing so. The hardest part is selling after I've made a little profit and realizing I'm trading, not investing, and any profit is a good profit. The key is to watch it like a hawk every day. You can't short and then go to a meeting and return at 2 PM

The worst is Target, which cost me several hundred after it kept going up yesterday. Does anyone else do this?
 

ArgentCy

Well-Known Member
Jan 13, 2010
20,405
11,148
113
I've been shorting top gainers for each day and am making about $75/day after commission doing so. The hardest part is selling after I've made a little profit and realizing I'm trading, not investing, and any profit is a good profit. The key is to watch it like a hawk every day. You can't short and then go to a meeting and return at 2 PM

The worst is Target, which cost me several hundred after it kept going up yesterday. Does anyone else do this?

Seems risky but then again I suck at trading. Long term trends are a lot easier to see and get in front of then random trading.
 
  • Agree
Reactions: Mtowncyclone13

brianhos

Moderator
Staff member
Bookie
SuperFanatic
SuperFanatic T2
Jun 1, 2006
56,882
30,371
113
Trenchtown
I would not be buying stocks long right now. Taking a few months off and waiting for the recession.
 

crawfy54

Well-Known Member
Dec 28, 2006
1,993
368
113
Ames, Iowa
I sold 50% of my AMD position at 39.50. Feel pretty good about it. If it drops below $35 I’ll buy more. If it goes up from here, I still win.
 

sadam

Well-Known Member
Jan 8, 2014
1,238
424
83
Only thing I’ve done recently besides my boring monthly contribution to my Roth is I used my wife’s whole yearly Roth contribution to buy Disney several weeks before launch of Disney+. It’s done pretty well, everyone do their part and go watch frozen 2 over Thanksgiving holiday and sky walker movie over Christmas holiday. K....thanks....bye
 
  • Funny
Reactions: CycloneDaddy

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