Current Events > Stock Market General #43

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Blue_Thunder
03/04/22 5:23:17 PM
#351:


theAteam posted...

If so, read up on leveraged ETFs. They always do that over the long term. That's why they tell you not to hold them for a long time.

Ah okay.

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doomcrusader
03/04/22 6:50:07 PM
#352:


theAteam posted...
Can't tell if serious.

If so, read up on leveraged ETFs. They always do that over the long term. That's why they tell you not to hold them for a long time.

I don't think that's true. They basically die if what they are tracking goes down 33% in a single day.

Pretty unlikely if tracking a major index and I think impossible if tracking S&P.

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paperbag
03/04/22 7:55:42 PM
#353:


https://gamefaqs.gamespot.com/a/user_image/2/2/2/AActuUAAC_tG.jpg

gold looks like a cup and handle
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StarsOfCCTV
03/04/22 8:02:20 PM
#354:


AlCalavicci posted...
Any good ones you would recommend?

Not sure about free ones. I would usually use the Interactive Broker one or the Financial Times.

I think they're quite common though. Investing.com has one.

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theAteam
03/04/22 8:27:03 PM
#355:


doomcrusader posted...
I don't think that's true. They basically die if what they are tracking goes down 33% in a single day.

Pretty unlikely if tracking a major index and I think impossible if tracking S&P.

It's the leveraged part that does it. These proshares/direxion 2x/3x ETFs use options to achieve multiple times the volatility of the underlying ETF. It makes great short term gains but also doubles or triples the losses if it goes against you. Because as your price decreases you need a larger % to get back to even, the long term performance is always steadily down.

If the underlying ETF goes from 100 to 90, a 2x leveraged ETF goes from 100 to 80 (2x the loss of 10). It then needs a 25% gain to get back to 100 vs. the underlying which only needs a 11% gain to get back to even.

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doomcrusader
03/04/22 10:35:01 PM
#356:


theAteam posted...
It's the leveraged part that does it. These proshares/direxion 2x/3x ETFs use options to achieve multiple times the volatility of the underlying ETF. It makes great short term gains but also doubles or triples the losses if it goes against you. Because as your price decreases you need a larger % to get back to even, the long term performance is always steadily down.

If the underlying ETF goes from 100 to 90, a 2x leveraged ETF goes from 100 to 80 (2x the loss of 10). It then needs a 25% gain to get back to 100 vs. the underlying which only needs a 11% gain to get back to even.

I think the long term gains more than make up for those losses, particularly if the investor contributes regularly or DCAs.

UPRO seems like a safe long term investment, especially with a hedge and regular rebalancing.

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foreverzero212
03/05/22 12:28:58 AM
#357:


Biotech penny stocks and gambles on leveraged etfs. Some things can't be helped.

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CE_gonna_CE
03/05/22 1:38:24 AM
#358:


foreverzero212 posted...
Biotech penny stocks and gambles on leveraged etfs. Some things can't be helped.
Better potential payoff than a casino

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Mearcstapa
03/05/22 7:24:21 PM
#359:


For anyone who's interested, Schwab is running a new promo offering $100 in free stock for new brokerage accounts, as long as you fund it with $50. Pretty easy money, and I don't see anything in the terms that would forbid a hit-and-quit if you're not interested in keeping the account.

https://www.schwab.com/investing-starter-kit

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Blue_Thunder
03/06/22 5:56:06 PM
#360:


Future_Trunks posted...
Funko

Pops

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AngelsNAirwav3s
03/06/22 6:24:54 PM
#361:


Oil popping again already

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Billyionaire
03/06/22 6:29:04 PM
#362:


Volume so low on enzc lol

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Makeveli_lives
03/06/22 6:50:36 PM
#363:


Billyionaire posted...
Volume so low on enzc lol
Is that good or bad? I got 2 weeks pay on it.

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Alexanaxela
03/07/22 8:15:46 AM
#364:


doomcrusader posted...
I think the long term gains more than make up for those losses, particularly if the investor contributes regularly or DCAs.

UPRO seems like a safe long term investment, especially with a hedge and regular rebalancing.
I agree. I understand the intense warnings for the inverse leveraged ETFs like SQQQ, but it's hard not to look at UPRO and TQQQ and not think they're not bad ideas if you have faith the S&P and Nasdaq will recover. Like now seems like too good and opportunity to start a position there to pass up

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Dat_Cracka_Jax
03/07/22 12:28:36 PM
#365:


Alexanaxela posted...
I agree. I understand the intense warnings for the inverse leveraged ETFs like SQQQ, but it's hard not to look at UPRO and TQQQ and not think they're not bad ideas if you have faith the S&P and Nasdaq will recover. Like now seems like too good and opportunity to start a position there to pass up
So I'm reading up on leveraged ETFs because of this topic. Those two funds are reset daily. What are typical holding periods for something like that? Like you better think that sp500 or nasdaq are ready to turn around very soon for those, correct?

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theAteam
03/07/22 12:39:10 PM
#366:


I am in 3 semiconductors and ironically the worst performing one is out of South Korea, not the 2 out of Taiwan.

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Anony1125
03/07/22 3:55:17 PM
#367:


damn, we crashing now

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Trumpo
03/07/22 3:57:09 PM
#368:


A crash is 10 percent or more
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Anony1125
03/07/22 4:02:32 PM
#369:


damn, we going down a lot now

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Mearcstapa
03/07/22 4:26:21 PM
#370:


Threw 1k into broad-market index funds today, beginning what I intend to be a core long-term position.

Still 99% in cash though, so I'm hoping to throw some more in as things keep drifting/crashing lower.

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Dat_Cracka_Jax
03/07/22 4:27:13 PM
#371:


Trumpo posted...
A crash is 10 percent or more
Over what time?

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theAteam
03/07/22 4:27:53 PM
#372:


Trumpo posted...
A crash is 10 percent or more

SPX is down over 12% from ATHs.

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PatrickMahomes
03/07/22 11:59:38 PM
#373:


getting a robinhood alert about Disney being down 5% does not for a good day make

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StarsOfCCTV
03/08/22 4:37:15 AM
#374:


Yes!!! Still no margin call.

That's a good day at the office!

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Anony1125
03/08/22 10:11:09 AM
#375:


VTI sub-150 EOY

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Makeveli_lives
03/08/22 10:38:44 AM
#376:


ENZC below 8 cents for the first time in like 2 months I think.

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Mearcstapa
03/08/22 10:39:23 AM
#377:


Anony1125 posted...
VTI sub-150 EOY

we can only hope

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Billyionaire
03/08/22 8:40:23 PM
#378:


Mearcstapa posted...
after years of waiting
nothing came


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CE_gonna_CE
03/08/22 8:58:23 PM
#379:


Hes a reasonable man
Get off his case

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AngelsNAirwav3s
03/09/22 11:20:18 AM
#380:


littlebro07 posted...
Looking into cheap dividend plays to hold long term again

ASG seems like a decent one, anyone in that?

CIVI is currently at a 10% dividend yield, which is absurdly high. They pay a dividend at the end of every quarter, get in before March 18th and you will get the dividend paid on March 30th, which will be $1.21/share. All the other dividend payments this year should be even higher than $1.21

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StarsOfCCTV
03/09/22 11:57:35 AM
#381:


We must love rollercoasters

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theAteam
03/09/22 6:29:11 PM
#382:


Amazon 20:1 split plus $10bil buyback

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Dat_Cracka_Jax
03/09/22 6:30:55 PM
#383:


theAteam posted...
Amazon 20:1 split plus $10bil buyback
Oh so that's why they can't afford to pay employees more

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CE_gonna_CE
03/09/22 6:52:01 PM
#384:


theAteam posted...
Amazon 20:1 split plus $10bil buyback
Kinda shocked its finally happening, but also kinda not

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Tyranthraxus
03/09/22 7:04:23 PM
#385:


Oh shit so I'm going to have 20 in both Amazon and Google lmao

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theAteam
03/09/22 7:13:32 PM
#386:


CE_gonna_CE posted...
Kinda shocked its finally happening, but also kinda not

Supposedly it's so they can better provide RSUs to employees.

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samurai bandit
03/09/22 10:06:39 PM
#387:


theAteam posted...
Amazon 20:1 split plus $10bil buyback

Source?

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Blue_Thunder
03/09/22 10:11:56 PM
#388:


samurai bandit posted...

Source?

https://finance.yahoo.com/news/amazon-board-approves-20-1-221818788.html

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Admiral_Zero
03/09/22 10:32:54 PM
#389:


So whats looking better long term, google or Amazon?

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AlCalavicci
03/09/22 10:33:22 PM
#390:


theAteam posted...
Amazon 20:1 split plus $10bil buyback

This basically means if I have 1 stock valued at $2700, it will split into 20 stocks valued at $135 each, right?

Can you purchase up until June or do you have to already own the stock right now?

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Blue_Thunder
03/09/22 10:38:38 PM
#391:


AlCalavicci posted...

Can you purchase up until June or do you have to already own the stock right now?

A different article says the cutoff is May 25.

https://www.thestreet.com/markets/amazon-stock-soars-after-20-for-1-split-10-billion-share-buyback

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CE_gonna_CE
03/09/22 10:50:49 PM
#392:


Admiral_Zero posted...
So whats looking better long term, google or Amazon?
Why not both?

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AlCalavicci
03/09/22 10:55:05 PM
#393:


Real tempted to buy one share of AMZN for this split. But also very inexperienced with this stuff. Is it foolish to buy? Is it unlikely that AMZN stock continues solid growth after this?

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CE_gonna_CE
03/09/22 11:19:53 PM
#394:


AlCalavicci posted...
Real tempted to buy one share of AMZN for this split. But also very inexperienced with this stuff. Is it foolish to buy? Is it unlikely that AMZN stock continues solid growth after this?
Wouldve thought that back when buying my 1 share of it back in 2018 at $1500, but here we are.

If youre planning on buying and holding, you could do a lot worse than AMZN.

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Billyionaire
03/10/22 7:48:54 AM
#395:


https://gamefaqs.gamespot.com/a/user_image/9/8/6/AAfBGKAADA3i.jpg

This is it boys. This is how I'll make my millions.

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roos1046 Reborn
03/10/22 8:23:55 AM
#396:


Billyionaire posted...
https://gamefaqs.gamespot.com/a/user_image/9/8/6/AAfBGKAADA3i.jpg

This is it boys. This is how I'll make my millions.

Lol

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Makeveli_lives
03/10/22 10:11:24 AM
#397:


Goddamn I had 250 bucks to buy more ENZC that I paper handed on. Buying 200 worth Asap.

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Mearcstapa
03/10/22 10:21:34 AM
#398:


Billyionaire posted...
https://gamefaqs.gamespot.com/a/user_image/9/8/6/AAfBGKAADA3i.jpg

This is it boys. This is how I'll make my millions.

So they went from trying to cure diseases to hawking dietary supplement snake oil? lmao.

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Dat_Cracka_Jax
03/10/22 11:02:22 AM
#399:


Mearcstapa posted...
So they went from trying to cure diseases to hawking dietary supplement snake oil? lmao.
That's been my takeaway with all this

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AlCalavicci
03/10/22 11:08:23 AM
#400:


Billyionaire posted...
https://gamefaqs.gamespot.com/a/user_image/9/8/6/AAfBGKAADA3i.jpg

This is it boys. This is how I'll make my millions.

time to watch it plummet

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