Stock Market

[Stinger_1066]

Since we don't have a Politics forum, is it OK to have a Stock Market thread here as long as we keep it civil?

DJIA on the rebound since Friday's close.

Dead cat bounce?

[sheepdogs]

Since we don't have a Politics forum, is it OK to have a Stock Market thread here as long as we keep it civil?

DJIA on the rebound since Friday's close.

Dead cat bounce?

It's okay with me. Double bottoms are usually good signs.

[soonersseth]

What stock do I buy?

[Stinger_1066]

What stock do I buy?

Do you want to be a day trader or a long term, stable investor?

[soonersseth]

Do you want to be a day trader or a long term, stable investor?

Long term I can't keep up with the market all day.

[Stinger_1066]

Long term I can't keep up with the market all day.

If you can't keep up with the market on a daily basis, and you're a newbie to investing, then you should probably stick to mutual funds. Let someone else make your investment decisions for you.

Pick a "no load" fund. Less expensive.

[Sooner Mommy]

It's okay with me. Double bottoms are usually good signs.

Careful buddy, this is a family-friendly place.

[Chief Tbird]

Micron, Exelixis, or Celldex?

[Stinger_1066]

Micron, Exelixis, or Celldex?

I day trade. Celldex has downward momentum right now, but things can turn around quickly. Exelixis - also trending down. Micron - MU or MICR?

My primary indicators are the MACD and the Derivative Oscillator.

[SoonerAtty]

Long term I can't keep up with the market all day.

All of them. Index funds win in the long term. At least that's what Warren Buffet says.

[urnotserious]

Long term I can't keep up with the market all day.

Like some have said here, no load funds are a great idea BUT if you must pick up stocks(that are extremely safe) because you want to see an immediate upside here are some stocks:

Citibank (C), here's some due diligence that I shared back at landthieves forum: http://www.landthieves.com/board/sho...=1#post3392486

That was back in June when the stock was at $63. It went all the way up to $80.70 and its back down to $69 today. Buy it, it will get back there again soon.

Facebook (FB), Kind of a monopoly, currently priced at 17X next year's PE. Despite all the hooplah, advertisers are not backing away from placing ads. Revenue streams strong.

Google (GOOGL), Again, kind of a monopoly, currently priced at very attractive levels. It should see at least a 10% upside within the next six weeks due to earnings season.

[sheepdogs]

It's best for some to just rely on a sector and find the ETF (exchange traded fund) which mirrors that particular sector. In doing so you greatly reduce the embedded risk involved in picking singular stocks and are buffeted by holding the basket of stocks which comprise the ETF. You can also use these ETF's to short a sector and you don't need to fret about a specific takeover sending you into a complete frenzy.

[Stinger_1066]

It's best for some to just rely on a sector and find the ETF (exchange traded fund) which mirrors that particular sector. In doing so you greatly reduce the embedded risk involved in picking singular stocks and are buffeted by holding the basket of stocks which comprise the ETF. You can also use these ETF's to short a sector and you don't need to fret about a specific takeover sending you into a complete frenzy.

Agreed. Inverse ETFs are great for shorting.

Another good thing about ETFs - they have 2X and 3X versions of both upward and inverse indices, which means the gain or loss is magnified by 2 or 3 times.

[tfoolry]

Icvt
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[sheepdogs]

Icvt
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Where? Oh you're talking about a stock as opposed to a person.

[87sooner]

dead cat bounce.....again.....

[MinnesotaSooner]

This is an important week - although today was a promising sign. I will believe it if this holds up Thursday’s PM.

In the meantime long term look at MMM. They have had a great run the past 5 years and have lots of components in future EV manufacturing. Big in Industrial, Display and Graphics, Health Care, etc. Well positioned and growing 10+% YOY in Europe and Asia. Also a dividend aristocrat that increases the dividend around 8-9% Per Year on Average. It has dropped the past few weeks on Trade War fears. Once they subside they will be in the 240’s and go higher.

[sheepdogs]

Overnight futures looking a bit perky so far.

[This]

Overnight futures looking a bit perky so far.

Quit it jinxie!!

[SoonerVikeThunder]

PAYC (Paycom, an OKC company)
Here's Why Paycom (PAYC) Stock Should Be in Your Portfolio

March 26, 2018
Paycom Software PAYC has been performing quite well since it reported impressive fourth-quarter 2017 results. The stock has gained 26.4% since the earnings release, substantially outperforming the 4.9% rally of the industry it belongs to.

In the last reported quarter, the company’s non-GAAP earnings per share came in at 29 cents per share, which beat the Zacks Consensus Estimate of 23 cents. Also, reported earnings increased from 18 cents earned in the year-ago quarter.

Paycom Software reported revenues of $114.03 million, which increased 30% from the year-ago quarter. Revenues also surpassed the Zacks Consensus Estimate of $113 million.

The company also provided encouraging guidance. For first-quarter fiscal 2018, Paycom Software expects revenues in the range of $150-$152 million. The company anticipates revenues in the range of $541-$543 million for fiscal 2018. Paycom Software, Inc. Revenue (TTM)


Paycom Software, Inc. Revenue (TTM) | Paycom Software, Inc. Quote

Factors Influencing the Stock

Client addition largely contributed to the company’s better-than-expected top-line results. Also, “client retention rate,” which has been hovering around 91% for almost six years in a row, was a positive.

Notably, management is particularly optimistic about the sales team’s performance, which has resulted in the increase of the sales team count to 46. The much positive feedback received by the company’s application that was launched last year on Apple’s AAPL App Store and Google’s GOOGL Play Store is another positive.

Additionally, pertaining to the shift to ASC 606 accounting standard, projected margins have also increased. Previously, the company recognized commission related expenses in the quarter in which a contract was signed. Per the new standards, the commission expense will be recognized ratably over the period till which the contract is valid. This will lower sales and marketing expenses, which will boost margins.

Paycom is also paying attention to increasing shareholder value with share buyback initiatives. The company recently amended an in-progress share repurchase program with an increase in allocated capital and extension of expiration date. These shareholder-friendly steps are also proving worthy.

With an increasing number of companies becoming aware of the benefits of new age human resource technologies, the company is optimistic about the accelerated adoption of its cloud-based human capital management (HCM) software solution delivered as Software-as-a-Service (SaaS). This is expected to drive the momentum of this Zacks Rank #1 (Strong Buy) stock

https://finance.yahoo.com/news/apos-...?.tsrc=applewf

I posted a few weeks ago at LTs. Today it was up 7.07 and closed at 113.86. Up from 55.75 a year ago.

[tfoolry]

Where? Oh you're talking about a stock as opposed to a person.

Minimum 10 characters.

[Stinger_1066]

Another big down day, and Asia and Europe in the tank early today.

[Slobber]

Still, not time to panic.

[SoonerKA1999]

If you can't keep up with the market on a daily basis, and you're a newbie to investing, then you should probably stick to mutual funds. Let someone else make your investment decisions for you.

Pick a "no load" fund. Less expensive.

Buy ETFs.

[SoonerKA1999]

I'm pretty well diversified, but lately I've been buying up Unit trusts. Priced at a discount and still Yielding between 6-24%. Oil is low right now, but as prices come up, so do the stock values. Get in while the price is high and the yield is low. Just a caution. Some Units like BPT are overvalued right now. I really like WHZT (Whiting Oil Unit Trust).

Also monitoring Marijuana stocks. There was a run on them after Canada legalized Marijuana and it spiked the value, but for now I'm watching them come down a bit closer to value before I start dumping in money.

[sheepdogs]

Another big down day, and Asia and Europe in the tank early today.

They're just following the lead of the U.S. sell off and playing catch up. If our markets rebound today then you will see that reflected in the overnight trading in the foreign markets later tonight (their Thursday)..

[SoonerKA1999]

Another big down day, and Asia and Europe in the tank early today.

Investors are really over sensitive right now. They're worried about a trade war which I would not be too concern about in the short run. Many institutional investors are worried about Fed Rates rising and pending inflation. Marketwatch.com is a joke right now. I check them daily and you can tell they're cheering on a market crash. It's disgusting and politically motivated.

Oh here is a stock that has been in my dog house for well over 2 years. Avoid Tesla (TSLA) like the black plague. Their financials are dog shit and have been for over 3 years now. Many Analyst (including myself) have nicknamed Tesla "The Cash Incinerator". They have no indicators of positive growth in their fundamentals and all their gearing is setup for a collapse. Highly recommend if you have it to get out. They've dropped about 21% in value the last week and no it's not a dead cat bounce for them. They'll never make a profit. You can believe "the story" all you want and believe in Elon all you want, but the proof is in the Financials. They're dog shit. Anytime they get strapped for cash Goldman Sachs issues a 'Buy' on them and is the lead underwriter on their keystone for new IPOs. Tesla has done 3 (maybe 4) IPOs in the last 3 years (yes nearly one a year) to pull in more cash, they burn through it real fast and then need to fill that craving for cash again. So along comes Goldman and bumps their rating to a 'Buy' again when every other Analyst in the industry is screaming "It's DOG SHIT!" and suckers buy more... Stop throwing cash down the garbage disposal... Steer clear of Tesla.

[Stinger_1066]

David Stockman was budget director for President Reagan. He writes very long articles daily filled with lots of data. He's very pessimistic about the near term future of what he calls "The Big Casino".

David Stockman's Contra Corner

[Pokej]

Did all the gloom and doomers make it over here ok? I've been worried sick about 87.

[87sooner]

Did all the gloom and doomers make it over here ok? I've been worried sick about 87.

sell everything you own and thank me later.......dumbazz

[SoonerKA1999]

sell everything you own and thank me later.......dumbazz

New Look, same asshole.

[Stinger_1066]

Did all the gloom and doomers make it over here ok? I've been worried sick about 87.

What is your definition of a gloomer? Someone who knows how to make money off a dip?

People who view downturns as negative are unsophisticated investors. When one person loses, another person gains. And vice / versa. That is how the market is designed to work. You have been brainwashed into thinking only up is good.

[Pokej]

What is your definition of a gloomer? Someone who knows how to make money off a dip?

People who view downturns as negative are unsophisticated investors. When one person loses, another person gains. And vice / versa. That is how the market is designed to work. You have been brainwashed into thinking only up is good.

The people who you never hear a word from until you have a single day of downturn. You're correct. Downturns are opportunities. But so are every peak and valley for a smart investor you old fart.

[sheepdogs]

With tomorrow being a holiday, today is the last day of the quarter and window dressing is pulling the market higher.

[SoonerVikeThunder]

What is your definition of a gloomer? Someone who knows how to make money off a dip?

People who view downturns as negative are unsophisticated investors. When one person loses, another person gains. And vice / versa. That is how the market is designed to work. You have been brainwashed into thinking only up is good.

While I agree and thats all true, 95% of investors are not day traders. They are the bulk of working Americans who have 401k investments - which by the way is all they have since fewer companies offer an actual old style retirement plan.

So when the market goes down a lot over time, those common investors are hit hard which guess what it does to their thoughts on economy and spending habits. They spend less based on fear which can then drag the economy down and hit stocks even harder over time. Thats always the worry is what it does to most sideline investors, it can be a big negative for the overall economy if it gains traction. The day traders can make money but most others don’t. Its a net negative in the end

[Stinger_1066]

While I agree and thats all true, 95% of investors are not day traders. They are the bulk of working Americans who have 401k investments - which by the way is all they have since fewer companies offer an actual old style retirement plan.

So when the market goes down a lot over time, those common investors are hit hard which guess what it does to their thoughts on economy and spending habits. They spnd less based on fear whoch can thn drag the economy down and hit stocks even harder over time. Thats always the worry is what it does to most sideline investors, it can be a big negative for the overall economy if it gains traction. The day traders can make money but most others don’t. Its a net negative in the end

All the more reason to get educated - so you can make money in both up and down markets.

Also why it is like a sports book. Sophisticated traders making money off the ignorance of passive investors the same way "sharp" gamblers make money of the casual gamblers. It really is somewhat of a scam.

On the other hand, with your 401K, you are expecting the fund manager to stay on top of things.

My 401K allows me to trade individual stocks, and I can short if I want to.

[SoonerVikeThunder]

I agree but to my point its why when stocks go up its a bigger positive overall than when they go down. Up means everyone is happy and down means only 5% are happy

[Pokej]

I agree but to my point its why when stocks go up its a bigger positive overall than when they go down. Up means everyone is happy and down means only 5% are happy

Even novices who have a consistent, long term approach will make money in the down turns. They are buying low. Stinger makes it sound like only day traders will make money in a bear market. That's just not true

[The]

Quit it jinxie!!

You are now my mortal enemy.

[GoingDeep]

Even novices who have a consistent, long term approach will make money in the down turns. They are buying low. Stinger makes it sound like only day traders will make money in a bear market. That's just not true

True story. Contribute every month and don't sell.....make more money eventually.

[This]

You are now my mortal enemy.

What? Duuuuuude, I like agree with you on eva-ry-thing with you and your political ideologies.That's when you used to post back in the day.

But you wanna go?

Bring it!

[87sooner]

dead cat bounce.....again......

dumbazzes.....

[Sooner in SoCal]

Ask my friend if people make money in bear markets sitting on 10K shares of GE!!!

I have a saying... hedge or be dead. I suggested he buy puts on the stock, when it was above 30, he held to protect is profits. He wishes now that he had used some tools to hedge a very profitable position to a break even at this point. Would have been cheap in the long run. He even bought shares in 2009 for $8-9

Longs do not make money in bear markets. Doesn't happen unless you buy a 2 or 3x bear fund. Equity is lost. As mentioned, it does allow for dollar cost averaging. That's no guarantee for making money.

[sheepdogs]

dead cat bounce.....again......

dumbazzes.....

Attitude adjustment please.

[Stinger_1066]

Seems to be a rally going on. Dow futures up 235.

[Sooner in SoCal]

Another interesting day for where long term holders are making money... J/K

Low volume again.

The current trend and momentum is down. Some key support levels were broken and if they close below them, that's bad psychologically for the market.

[Stinger_1066]

Another interesting day for where long term holders are making money... J/K

Low volume again.

The current trend and momentum is down. Some key support levels were broken and if they close below them, that's bad psychologically for the market.

$23860 has broken twice now within a week.

[SoonerKA1999]

dead cat bounce.....again......

dumbazzes.....

Says the financial whiz kid.

[87sooner]

Says the financial whiz kid.

kitchen.....now

dumbazz

[sheepdogs]

kitchen.....now

dumbazz

50 shades of grey.