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2017 Stock Prediction

Lexclone said:
I tend to agree, but I also think they have some utility for those who might be able to construct a portfolio, but do not have the time or inclination to maintain it, for instance, periodic rebalancing. A robo-advisor like Wealthfront would do a good job of routinely and in a tax-efficient manner maintaining an investment account.

I would say that Wealthfront really offers a very longterm horizon approach to investing. It is one that fits best with taking a chunk of money and giving it over to them for a 15-30 year growth or placing a consistent "pay-yourself-first" strategy where you invest $10+ a week/month for that same long period. Set-it and forget-it and let their algorithms do their work, and be glad you did a decade or so hence.
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I'm viewing it as a longer term way to invest and let their formula work while I focus on other things. It's only one prong in a multi-prong strategy I have when it comes to diversifying. Based on the early results I'm seeing, I'm leaning towards investing more periodically, just have to figure out how much and how often.
 
Would not like the fact that it is done by the guy who wrote The Random Walk book. Because that theory is BS. Total fail in the long-run, nothing is random.
 
INNV(Innovus Pharmaceuticals)

Currently below .10... has traded as high as .66 and just announced 2.2 million in revenue in Q1, only 200k in Q1 of last year. Have a new drug being released in US later this year that is supposed to be big.
 
A little off topic but a few years ago I read something about Nvidia that made me think I should invest in them. So, I bought some at around $15. About a year later it hadn't done much and we needed some cash at the time so I sold it. Probably broke even might have even lost a little. Every since I sold it's gone up and today it's selling at $133:mad:
 
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Nvidia has done well, I think they are making the processor for the new Nintendo Switch. That has to be a gut punch to Intel and even AMD.
 
ArgentCy said:
Would not like the fact that it is done by the guy who wrote The Random Walk book. Because that theory is BS. Total fail in the long-run, nothing is random.
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Yes, that book is more junk science. Decent theory, it's just wrong.

In fact, I will go so far as to say that the next big crash will likely be caused by this line of thinking. Namely, passive investing with ETF's. But I will admit, I have not had time to read the whole book yet. Not much desire to read incorrect thinking but it is good to know the common thinking.
 
The jist is that it defends Efficient Market Theory and that is just plain bullcrap. The price is not always right. It can't possibly be as it changes on the micro-second level by machines that trade on a pre-set algorithm that often times knows nothing about the market only what orders are coming in next. Just look at the flash crashes for proof. Did those companies change in value by the Billions in a minute? No, it was just machines going crazy.
 
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I've been indexing my whole investing career, and I still wholeheartedly agree with that strategy, especially for retirement. But once this next bubble bursts, I think I'm going to speculate with some fun money in a Scottrade account. Probably get rich or something.
 
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isu22andy said:
Any thoughts on Crude ? USO ?
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No expert by any means:
It seems to me that the US has figured our how to frack at such a rate that all of the producers have the ability to ramp up production (supply) so quickly that once oil gets over $50/barrel they just turn the spigot on (fire up the idle rigs) and the price gets driven down again. I own XES and XOP, which my goal was to own each until Oil hits $75/barrel again, but I'm starting to rethink that strategy.

I think the fund you're asking about uses futures to mimic the price of oil and it has some drag/inefficiencies, so over a long hold period it'll under perform the actual price of oil by a pretty wide margin. Over short periods, I think you can get away with it, e.g. - if a war breaks out.

Need to start looking at ways to short the Saudi Arabian Riyal, maybe... :)
http://www.economonitor.com/blog/20...k-crisis-and-opportunity-for-economic-reform/
 
Dopey said:
I've been indexing my whole investing career, and I still wholeheartedly agree with that strategy, especially for retirement. But once this next bubble bursts, I think I'm going to speculate with some fun money in a Scottrade account. Probably get rich or something.
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There are no true bubbles right now though. Which sucks. The only thing I see affecting stock prices are going to be the rising interest rate environment or some geopolitical crisis.
 
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