buy on the bump
 

I've been trying to buy a whole bunch of microsoft since the market opened, but the website is locked! Probably due to a flood of activity,
ARRRGGHH.

What is going on?

I only do Mutuals so I don't track the market like I used to.

coronavisus fears caused the dow to drop 950 points on open, and then 20 minutes later has bounced off bottom to gain back almost 200.
Microsoft opened at 167, it's up to 175.
Good time to but a s&p 500 index fund IMO.
Or not ;)

Thank you.

We have already had calls about composite production...they are looking for second/third sources.

We'll see.

Would have bought and sold by now, it's rigged I tell you, rigged ;) .

What website ?

Not without the secret handshake!

If it's free, it's rigged.

I used Fidelity and bought 3 stocks this am - execution w/in 2 minutes (didn't check closer 'cuz I don't care)

I have way too much MSFT now so will be looking to sell some later

I suspect your borkerage house needs a remodel...

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I wouldn't buy anything.



Unless it's gold.






.

What did ya buy?

Today was the day to be holding bonds.

Strange.
This was with Fidelity and the only account that was displayed was the 401K.
The brokerage, cash account and IRAs were not visible. I logged on around 6:20 and it didn't clear up until after 7 am.
They had the standard "technical difficulties, we're working on it" message but it's working fine now.

NFG - 'cuz it will be a while before perovskite kills gas, and there is a lot of coal to kill - this should be a good stock for a few years (which is what I call short-term) - very rare for me to buy a power co. but they are integrated

MRK - seems cheap now (sold it several years ago); not much appr. potential but high quality & drugs are where it's at (besides tech & surgical instruments); good Div.

Ciena - optical is building out and 5G benefits them too

if the market had gone up - or when it does, will sell:
AEIS - or some of it; little room for price appreciation - has appreciated quite a bit for me so hate to pay taxes, but...

I use ValueLine to get a 'quick' handle on indiv. stocks; I'm a cheapskate so I got to the library and pick thru it by hand

A friend of mine has an options hobby - he uses it mostly for income. He explained it to me but I zoned out after I realized he spent several hours every day on it. My view is to spend several hours every year...

Sammy - why not call them up and ask WTF.

I assume you have enough $$ there that they gave you an account guy and the special phone number. It ain't special if you don't use it...

I like Valueline. I did the same when I was really following stocks, library. 500 is more than I want to pay for a subscription.

I hope so because I own a fair bit of them.

Get in while you can fellas. The fundamentals are rock solid and with Bernie in the lead for the D’s, investors will start buying. This dip won’t last long.

heh

Just not my thing. And not that he's the end-all of investing, but Warren Buffet doesn't invest in gold either.

he got a new phone tho

his flip phone is now history

1000 pts is a good size dip, but remember it's an index average.

14 of the 30 Dow stocks went up.

All of my pharma funds went down a couple of points, but I'm still up overall.

~3.5% yesterday. Lets see what today has in store.

I moved a few shekels from cash to stock (funds) late yesterday. Hoping I didn’t jump the gun. I’m confident of a rebound as the strong fundamentals haven’t changed.

Roughly a 10% drop on the dow so far, major corrections tend to be in the 15 or 20% range.
But this is a strange deal with the virus causing most of the correction.

Unless all heck breaks looooose, I'm a playa when the dow hits 25,000.
Until then or unless we get some stability, I'm under a rock.

You guys may have bought WAY too soon. As I mentioned buy gold.

The lead story on UK's Daily mail is Corona Virus Sweeps Europe. Local politics don't come into play when something this big is going on.

Fedex hasn't dropped as much as I expected. waiting...

Place your bets gentlemen !

Anyone ?

Another potential wild-card ...

(https://on.wsj.com/391l15E) (Reporting by Rishika Chatterjee in Bengaluru; Editing by Shounak Dasgupta)

With 20 years to retirement, I don’t care about day to day movements. I care that these businesses are still making money 20 years from now...

I was planning to buy some last week but didn’t have time. Maybe I will pull the trigger tomorrow on 5 of the ten stocks on my watch list...

the market opened slightly up this morning, but way to early to assume a bottom. I think it might be just a pause on the road to 25,000.
At my age, I'm more than willing to miss potential upside to avoid likely downside.
Besides it's actually kind of cozy under this rock.

DJIA Currently up 400, I think many folks are seeing cheap opportunities, and buying on the dip !

It depends on how much you think Coronavirus will impact supply chains. If a person buys into the hype they should be selling. Don't buy in you should be buying.

I own some shares of Masimo (Masi) since the IPO. It has performed very well, they are the leading manufacturer of pulse oximeters that measure oxygen saturation and blood gases.

It dropped a bit the last few days, I bought a few more shares since the virus is respiratory, maybe we'll see a bump in sales next quarter.

See, this is part of what I've struggled with. I tried to predict outcomes in the market based on data, real results, and rational thinking and it didn't always work out well.
But I'm starting to get that it doesn't always matter if it makes sense, it doesn't matter if its rational.
Lately I've had better luck (and that's what it is, luck) when I bet on how the average Joe irrational and emotional investor will act and ignore the fundamentals.

I wish I was smart enough to predict the hedge-fund al-go-rhythms but that ain't gonna happen.

Trying to guess the market is a losing proposition. Those brokers and hedge funds have rows of cubicles with people looking at trends and data all day long. As an individual you ain't gotta a chance to out guess em.

Don't be greedy. Have a balanced portfolio that is inline with your risk tolerance and rebalance quarterly.

dead bounce.

That is my guess.

I am so confident I have made no changes...