You’re basically looking at doing day trading.
Thats spike looks like a good opportunity to profit take as its a small company.
Good luck.
Good idea, I sold off 40% still have 1,000 shares left.
Evidently they won a NASA contract.
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The S&P 500 just dropped 3%
My expectation is a much more volatile stock market over the next four years, as Trump and his antics will interact with the many public finance headwinds facing the US, and the overall deterioration of the western developed world due to demographic decline.
There is still money to be made if you make a good pick at the individual stock level, but am not expecting much from index trackers.
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I think many investors believe Trump will only follow through on his threats that are not harmful to business. I am not confident he knows the difference.
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The stock picking place I have relied on has done quite well lately. It has found lots of stocks under the radar that are very promising, and I think it causes me to have a high beta, which has served me well in the last three months. But after hitting all-time highs I am down the most ever in one day today, $60K. I’m still way up even with that ($300K), I have nothing to complain about.
I imagine the market is reactions to lower likelihood of interest rate decreases. And there could be more downside and less upside. It feels like the time to abandon what I’m doing and invest in boring defensive stuff.
DJIA narrowly misses making it 11 down days in a row, but if the market had been open another few minutes it was poised to close in the red. I’m sure CNBC was sweating having to roll out the MARKETS IN CRISIS chryon yet again.
Definitely an interesting year-end and start to 2025 we’re staring at. Powell is telegraphing fewer rate cuts that the market was counting on that caused multiple expansion for the last year and a half, co-incoming Presidents Musk and Trump are demanding a government shutdown and House Republicans are increasingly lining up to make that happen, and Musk’s plan to slash basically all government spending would kick the stool out from the budget deficit that’s helped propel the market higher for the last few years.
Oh, and Trump will be itching to shitcan Powell once he remembers that after doing the 1,500 other things he’s talked about doing when he takes office.
Will Santa Claus be able to save the day, or will Ebenezer Scrooge shoot him before the sleigh gets off the ground?
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You seem to be optimistic Trump will do the 1500 things he said he would do. Last term it was like 1 thing of the 50. Maybe he will do 2 or 3 this time?
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I’m convinced he will use tariffs, as he can unilaterally make that happen. I think they will do some damage to the economy.
I think another tax cut for the wealthy is likely. The GOP won’t let the current tax cuts expire without action. I imagine we’ll see another big increase in the deficit.
I’m skeptical of most of the other promises.
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I think they will at least try a lot of the heinous Christian Taliban crap that is in Project 2025, until enough of their side gets tired of it.
Sure, they’ll try that. Most of that is virtue signaling, like regular actions to mandate school prayer or ban flag burning. Gins up the base despite the failure.
He doesn’t actually have to do them. Saying he did counts just as much, and he’ll crow endlessly about doing a lot of stuff in that regard.
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I should not have checked my balance, I’m destitute
It may not be a bubble but junk companies with virtually no revenue will not keep going up forever (said by a proud owner of JOBY and RKLB).
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Both Canada and US announced well above expected job creation numbers. Stock markets tanked in both countries as a result.
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Rational mean-variance efficient investors gonna something something…
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Have reduced my exposure to US Equities (down to 30%)
Increased for UK (seems to be the only country that won’t get hit with the tariffs) to compensate.
Rest is Corp/Sov bonds (US/UK) and some money markets.
Anybody else rethinking their investment strategy over the next 12-24 months?
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My portfolio was fairly aggressive for my age (early 50s) and that was all fine and dandy last year with the continued runup and then I decided that valuations seemed lofty and I wanted more stability.
24% US Stock
16% Collateralized Loan Obligation (CLOZ, JAAA, JBBB, QYLD)
10% International (VEIRX, VEU)
10% Debt (FDUS,. FLBL, PDI, PTY)
9% Covered Call (JEPI, JEPQ, QYLD)
7% Commodities (IAU, SLV)
4% Government Bonds (6% 20yr, 5.5% 5yr)
3% Option Income (FBY, NFLY, TSLY)
3% Pipeline (AMLP, MLPX)
3% Insurance (mostly KBWP)
2% Technology (QQQM)
1% Bitcoin (IBIT)
Left out some random stuff (PUTW, RISR, TRIN). Curious if you have any opinions on this.