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2021 Stock Market

clonefreek said:
Since January 20th my portfolio is down 9%...wonder what happened that day...
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you have a terrible asset allocation because mine is up 2% since then,

not only that, but your idea that somehow the market doesn't like Joe Biden as president seems to ignore the 13% rally from the day he was confirmed until January 20th. The largest post-election run in history, beating JFK's run of 8.5%.
 
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mtowncyclone13 said:
you have a terrible asset allocation because mine is up 2% since then,

not only that, but your idea that somehow the market doesn't like Joe Biden as president seems to ignore the 13% rally from the day he was confirmed until January 20th. The largest post-election run in history, beating JFK's run of 8.5%.
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Yeah mines been great too but I dabble around multiple areas. I shift some things around based on a presidents policies sometimes but over all pretty diversified.
 
mtowncyclone13 said:
you have a terrible asset allocation because mine is up 2% since then,

not only that, but your idea that somehow the market doesn't like Joe Biden as president seems to ignore the 13% rally from the day he was confirmed until January 20th. The largest post-election run in history, beating JFK's run of 8.5%.
Click to expand...
May not want to look right now, not a friendly market day today.
 
bos said:
Yeah mines been great too but I dabble around multiple areas. I shift some things around based on a presidents policies sometimes but over all pretty diversified.
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the only thing i did was buy some marijuana stock and it has done pretty good since biden was elected. other than that i learned to keep it simple, because i'm stupid.
 
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mtowncyclone13 said:
you have a terrible asset allocation because mine is up 2% since then,

not only that, but your idea that somehow the market doesn't like Joe Biden as president seems to ignore the 13% rally from the day he was confirmed until January 20th. The largest post-election run in history, beating JFK's run of 8.5%.
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Same. Up between 2-3% since Jan. 20.
 
BCClone said:
May not want to look right now, not a friendly market day today.
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Long term. Always long term. Sure it's fun to play some trades. I've had a lot of luck with a few trades, but my eye is always to a long horizon.

I'm getting smoked on some trades today, but that's the game.
 
KnappShack said:
Long term. Always long term. Sure it's fun to play some trades. I've had a lot of luck with a few trades, but my eye is always to a long horizon.

I'm getting smoked on some trades today, but that's the game.
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Oh I agree. I will typically go growth mutual funds and not look. If I’m looking less than a year, I try to find value stocks. Was just responding to the up 2% since the 20th since that is basically gone today.
 
mtowncyclone13 said:
We had a good 2020 thread, so here's an updated one.

Ending the year on record highs, will the party continue? With a Democrat trifecta in congress, will we see more individual stimulus that powers the market?
As of today, marijuana stocks are skyrocketing in anticipation of legalization.
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Even in CA that has had legal dispensaries for years the pandemic is fueling massive new profits in legal pot biz.

The other night at 11pm I drove down a strip of LA that usually has lines on the sidewalk to get into bars and clubs. They were all closed. Just as many dispensaries on the same street, half of them new since covid, many of them open 24 hours, and if you go into one maybe 1/3 of their products are sold out.
 
BCClone said:
May not want to look right now, not a friendly market day today.
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I'm up ~2.5% today... guess it pays to be long in some of the heavily shorted names ($LGND, $FIZZ, $CLVS) and some spec plays ($AUPH, $BNGO, $NNDM). Speaking of spec plays... anyone else getting into IPOE because of their SPAC merger with SoFi?
 
HFCS said:
Even in CA that has had legal dispensaries for years the pandemic is fueling massive new profits in legal pot biz.

The other night at 11pm I drove down a strip of LA that usually has lines on the sidewalk to get into bars and clubs. They were all closed. Just as many dispensaries on the same street, half of them new since covid, many of them open 24 hours, and if you go into one maybe 1/3 of their products are sold out.
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seems like a win/win for personal freedoms and using that tax money for a voucher program. both sides win
 
Cruise lines taking a beating while the REIT's are having a great morning, cancelled each other out on my end.
 
bannedman said:
i would have left at $65! ha thats why i dont stocks
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This was actually Blackberry calls. I thought no way Gamestop would keep going up. I would've made triple what I did but I ain't complaining about 500%. I sold when BB was at $20 so near the peak of the day. Looking at their spam-tastic discord for the next play but it's still all the same 3, GME, BB, AMC
 
bos said:
I wouldn’t touch that with a 10 ft pole. Have you read the reason for that jump? I want no part at that price.
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I was just reading about that. It's crazy to see how a subreddit can have that much of an effect.
 
Mr Janny said:
I was just reading about that. It's crazy to see how a subreddit can have that much of an effect.
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If you read between the lines of why it was even discussed and why this might happen again next Monday, it's pretty astonishing someone even found it. This short squeeze will be discussed for decades in Finance Classes across colleges around the world.
 
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