2018 Stock Prediction

[SoapyCy]

Ford anyone ? 5 year low...

I used to own some shares but dumped them at $11. I'm not in love with their products so I couldn't justify hanging on to it.

I did make a very questionable gamble this morning and bought 2,500 shares of JCPenney. I know it may go down the toilet but they have a new CEO and with Sears closing it may help JCP. I'm planning to not even look at them until I either read how they've gone bankrupt or turned around. <wipes brow>

 

[brianhos]

Ford anyone ? 5 year low...

Not while steel tariffs are killing the auto industry.

 

[Rural]

Not while steel tariffs are killing the auto industry.

Ford said it added a billion to their costs.

Billion here, billion there, adds up.

 

[Cyclone.TV]

I'll add SSC to my predictions. It opened at $3.07 today. Over the past couple months they have announced a handful of deals. Chinese company in the blockchain space. Probably a better play for next year but with the revenue that the deals they have announced should provide, I could see it start uptrending pretty rapidly with their next quarterly earnings at the beginning of November.

I think I owe you a nice dinner.

 

[mdk2isu]

I think I owe you a nice dinner.

Was wondering if anyone capitalized on that one. It made some nice moves today and has been uptrending nicely since I posted that.

 

[DurangoCy]

Ford's dropped in roughly half, since I bought in. It's P/E is currently 5.21, which is dumb IMHO.

 

[SoapyCy]

this month reminds me of the crash. i'm holding, it's just annoying.

 

[SoapyCy]

are you guys having fun yet?

 

[tim_redd]

are you guys having fun yet?

Heck yeah, stuff is going on sale.

 

[SCNCY]

Market reminds me of this from the Simpsons.

 

[fsanford]

are you guys having fun yet?

Lots of bargains

Probably will be a crazy ride til after elections.

For those putting some $$ in gold and silver, last few weeks probably getting a nice return.

 

[crawfy54]

@ArgentCy cant say you didn’t warn me. AMD implodes!

 

[ArgentCy]

Sell AMD in the 30's and forget it for another couple years at least. Book it.

Hope some people took this advice. Of course I could have taken my own advise and sold short. Just not quite comfortable with that yet. Not a good day for the overall market but the SOX and AMD. Ooch.. Trading at 17.88 After hours. Double ooch. Easy come easy go.

https://www.zerohedge.com/news/2018-10-24/amd-crashes-25-after-revenue-miss-q4-guidance-cut

 

[ArgentCy]

@ArgentCy cant say you didn’t warn me. AMD implodes!

You beat me by 5 minutes. I think that the cryptocurrency market was really driving a lot of the Semi's and that had already peaked and crashed.

 

[TXCyclones]

"Fundamentally" there is no reason for what's happened to the market this last few weeks. But the unneeded uncertainty created by a certain person is roiling world markets. One of the issues now is that there is no longer tons of money sitting on the sidelines. This could last a while.

 

[SoapyCy]

Lots of bargains

Probably will be a crazy ride til after elections.

For those putting some $$ in gold and silver, last few weeks probably getting a nice return.

not really, actually. i was hoping they would have gone up more. they are flat.

 

[ArgentCy]

"Fundamentally" there is no reason for what's happened to the market this last few weeks. But the unneeded uncertainty created by a certain person is roiling world markets. One of the issues now is that there is no longer tons of money sitting on the sidelines. This could last a while.

A lot of this uncertainly is with the upcoming election and the possibility of ousting Trump. That and it just got way ahead of itself, as is typical.

 

[fsanford]

not really, actually. i was hoping they would have gone up more. they are flat.

that is strange, usually in the teeter totter of investing, when stocks fall hard people rush to metals.

 

[crawfy54]

You beat me by 5 minutes. I think that the cryptocurrency market was really driving a lot of the Semi's and that had already peaked and crashed.

I’ll chalk it up as a learning experience. History and past performances matter.

 

[DurangoCy]

"Fundamentally" there is no reason for what's happened to the market this last few weeks. But the unneeded uncertainty created by a certain person is roiling world markets. One of the issues now is that there is no longer tons of money sitting on the sidelines. This could last a while.

No saying you're wrong, but do you have data that a bunch of money has went into the market lately? I'd be surprised I guess, as I think there's still a lot on the sidelines.