Looks like your Nasdaq Composite Index melted up to a fresh new record-high close today. Hate to brag (like commander bone spurs) but I loaded up on the 'soft when it was trading around 20 bucks a share back in '09... http://www.politicalforum.com/index.php?threads/stock-market-picks.546392/#post-1069942188 MSFT is currently trading around $211. That's close to an 11-bagger, kids. That single superstar stock has made me a very wealthy man...
MJ, that is awesome. Don't know how close to retirement you are, but let's hope that the anarchists and socialists are held at bay, otherwise those gains will be worth nothing. Same goes for everyone's savings and investments.
I am not into pocking individual stocks, but if I was, I would be careful with Microsoft. They haven't innovated in years. Windows phone went to the toilet, and their long-touted surface phone never appeared. The surface duo will be running android. Their windows on arm is running poorly and the devices are overpriced. Overall, I see nothing that would justify their current stock market performance.
Yet another record-high close today for your tech-heavy Nasdaq Composite Index Looks like the S&P 500 is now within a hundred points of its record-high close of 3,386 set back on 2/19/20 And it appears that my beautiful Microsoft bagged another record-high close today at around $217 per share as well...
When this thread was created, the S&P 500 was at 3090. Today, it closed at 3349. Just wondering how the market timers, who said "sell, sell sell" in early March are doing now? Did you get back in? If yes, when? I didn't do anything, except rebalance to stay within my pre-determined asset allocation. So far, I am sitting pretty. Will the market stay at these high levels? I doubt it. However, I still buy and hold, because market timing doesn't work.
Gaming mostly, but in reality MSFT is one of those seemingly fewer big companies that pay regular dividends that are also predictable which makes it more desirable to a segment of investors. Bill Gates is starting to draw criticism and if and when he dies, their stock might very well collapse. Who knows. I have been in and out of a lot of different stocks this year taking quick profits off the uncertainty, but there aren't a lot that are priced to where I would want to hold them 11 years.
Historically speaking, stock gains do better when there is a democrat President Just google 'democrats or republicans better for stock market'? So, the solution here is to vote for a democrat for president.
How are you handling the market crash? My market is doing very well Gold & Silver Stagnant for years JNJ & MSFT " " " and my new star, QQQ And my reliable earner, UMH
Investors seem to be taking Joe's (excellent) VP selection in stride. My beautiful Nasdaq Composite Index up BIG so far today... $$$
...Soros acknowledged that we’re caught up in a bubble fueled by Fed liquidity, which has created a situation that he now avoids. ... https://www.marketwatch.com/story/g...n-this-market-bubble-2020-08-12?mod=home-page George is right, of course. But bubbles can continue to expand for a while when the Fed keeps interest rates near zero. But like my man Stovall likes to say ... 'Just make sure you can find a chair when that music stops'...
Good point. Selecting someone on the side of law enforcement in times of tremendous hatred for law enforcement, gives the guy that wants to cut payroll taxes an advantage.
Your S&P 500 index closed out today's session within six points of its all-time record-high close (3,386). https://www.marketwatch.com/story/k...ch-2020-08-12?mod=mw_latestnews&mod=home-page
The summer rally rolls on, eh. More all-time record-high closes for the S&P 500 and Nasdaq Composite Can't touch this sh*t...
Well, even though a left-winger like Kode and I never agree on anything, I'll simply observe that without the Federal Reserve central bank 'printing' endless amounts of imaginary money, along with going on endless sprees of 'bond-buying' -- and -- crushing interest rates into the dirt, this bloated, grotesquely overvalued stock market would fall flat on its ass! Be happy that we don't have a Federal Reserve Chairman like Paul Volcker anymore. He and President Reagan PROTECTED the value of the American Dollar, instead of wearing out printing machines rescuing stock market gamblers!
From the March Low I'm up 143.59 % .Year to date 124.44. Core holdings 50% - AAPL, AMT, COST, D, CRM, FB, HD, HON, LOGI, MSFT, NVDA,ORCL,PYPL,SHOP, SWKS, UPS, WM The Rest: Building a position - AMT, CRWD, DOCU, INSG, SNOW, SQ Spec Plays.- AARK, BCHG, CLSK, FIII, INFO, IPO, JMIA, QQQN, SPAK, SPGI, VLDR, At home stocks - ATVI, CAG, DDOG , NOW, NUAN, UPS Recovery Stocks - BBY, CX, DHI, EEM, GM,IGV, IWM, JOET, LOW,MRO,ODFL,OLLI, PHM, SABR, SNPS, STRT, TJX, TSCO, UBER, VALE, WM,XLB
Who knows, but Of five metrics tracked, Trump beats Obama in only one. https://www.factsarefirst.com/comparison/donald-trump/barack-obama
I got my QQQ for 210, now about 310 UMH is not about price as much as 4.5% yield. Also an interesting sector. Mobile home parks. Some in pricey n'hoods What's so good about yours? I did look them up but maybe I missed something.
That's nice. If I bet on the Lakers in the finals this year an won, I'd laugh if someone said "without LeBron James, they wouldn't have won". We all knew the Federal Reserve would respond with the few bullets they have left. The underlying economy was strong too.
There is nothing wrong with QQQ as I made a lot of money from it myself. The only reason I'm not in it now is I own many of the stocks already that comprise it. It looks like UMH has been a good choice and with the housing crunch should continue it's run. 4.25% yield and growth on top also makes one smile. I have two different reasons for my Funds. QQQN is a fund started in September. It's goal and make up is to invest in the next generation of growth companies. or disrupters. QQQ gave me great exposure to the tech giants. QQQN gives me positions in some stocks I can't afford if I bought them individually like Trade Desk (TTD), OKTA, ROKU it also has a few I do own like Crowd Strike, Old Dominion Freight Lines, Marvel Technologies, so it fits my style of investing. It's up about 25 % in 3 1/2 months so I'm more than happy with it. The other Fund JOET was started in November so it's only a month and and half old but up about 4.5 %. I got in it for the management of the fund. I have watched and listened to Joe Terranova for a few years and I like his take on the markets. I have bought a few stocks, that where not part of the herd, on his recommendations in the past. We can't research every stock so it's important to find good managers you trust.