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The Lounge>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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lewdog 09:26 PM 12-03-2019
I've got a large chunk sitting on the sidelines after cashing out a few positions last week.

Let's ride this down and I'll buy back in (not IQ though).
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MahiMike 09:57 AM 12-04-2019
Originally Posted by lewdog:
I've got a large chunk sitting on the sidelines after cashing out a few positions last week.

Let's ride this down and I'll buy back in (not IQ though).
Smart
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TinyEvel 08:43 PM 12-05-2019
In 1997 I spent $4500 on vintage toys and Evel Knievel collectibles.

If I had bought Amazon stock with that money, it would be worth 5 million dollars. ��
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Buehler445 08:46 PM 12-05-2019
Originally Posted by TinyEvel:
In 1997 I spent $4500 on vintage toys and Evel Knievel collectibles.

If I had bought Amazon stock with that money, it would be worth 5 million dollars. ��
So the Knievel stuff isn’t worth $5M. Huh.
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lewdog 08:57 PM 12-05-2019
Originally Posted by TinyEvel:
In 1997 I spent $4500 on vintage toys and Evel Knievel collectibles.

If I had bought Amazon stock with that money, it would be worth 5 million dollars. ��
Have you been to Butte, Montana?
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Hammock Parties 09:20 AM 12-06-2019
IQ is SURGING!!!

CHY-NA!!
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scho63 10:21 AM 12-06-2019
Originally Posted by RunKC:
Not a good outlook this week. Market down already and the December 15th tariff day will have a big impact. Thinking a 5-7% pullback is possible
:-):-)

You getting market advice from Lex Loser?
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Discuss Thrower 10:22 AM 12-06-2019
Originally Posted by lewdog:

Let's ride this down and I'll buy back in (not IQ though).
Pussy
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Halfcan 10:25 AM 12-06-2019
Originally Posted by TinyEvel:
In 1997 I spent $4500 on vintage toys and Evel Knievel collectibles.

If I had bought Amazon stock with that money, it would be worth 5 million dollars. ��
Maybe the Evel Knieval museum in Topeka will buy them from you?
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scho63 10:41 AM 12-06-2019
TRUMP IS CRUSHING IT WITH NO HELP FROM 75% OF THE GOVERNMENT!!!

Jim Cramer: Like or hate Trump, ‘these are the best numbers of our lives’ on jobs

https://www.cnbc.com/2019/12/06/cram...s-on-jobs.html

CNBC’s Jim Cramer said Friday no matter your view on President Donald Trump there’s no denying we’re living in the best labor market in more than a generation.

“You can’t contradict that these are the best numbers of our lives. You can’t,” Cramer, 64, said following the government report showing the U.S. economy created a better-than-expected 266,000 nonfarm jobs in November, with the unemployment rate dipping to 3.5%, matching a 50-year low. Economists had expected the jobless rate to hold steady at 3.6% last month.

“People don’t want to say good things” about the economy, said Cramer, echoing comments he made Thursday evening on “Mad Money,” telling investors: “Don’t let the armageddonists and the negativists and the hucksters scare you away from owning stocks.”

Referring to Trump, Cramer said Friday on “Squawk Box,” shortly after the jobs report was released, “It doesn’t matter whether you hate him or like him, these are real numbers.”

“This is the best number I’ve ever seen in my life,” Cramer said, zeroing in on the unemployment rate. “Fifty years ago, that number was a curse. Now it’s a blessing.” He added, “I don’t see inflation. I don’t see recession.”

Cramer said the strong U.S. job market is going to allow America to win the trade war with China. “The president can walk away from the table with this number.” He added: “In the end, the Chinese are going to have to put jobs here.”


Josh Brown: What Trump’s tax bill means for your money
Washington and Beijing have been locked in a 17-month-long trade war that’s seen both sides put billions and billions of dollars of tariffs on each others’ imports. Negotiators for the world’s two biggest economies are trying to cement a “phase one” trade deal, which was announced in principle in October.

The next round of U.S. tariffs against Chinese-made goods, including smartphones and laptops, are set to go into effect on Dec. 15.

The stock market has been fighting its way higher for months, as positive and negative headlines on U.S.-China trade talks have whipsawed Wall Street on a day-to-day basis. With robust gains Friday on those strong jobs numbers, the Dow Jones Industrial Average was less than 1% from last week’s all-time high — and after a rough start to December, closing in on positive territory for the week.

China on Friday said it will waive tariffs for some soybeans and pork shipments from the U.S., after Trump struck an upbeat tone on progress toward a “phase one” deal on Thursday as the Dow logged its second straight session of gains.

Also on Friday, top Trump economic advisor Larry Kudlow said the U.S. and China are “close” to a trade deal. However, the National Economic Council director stressed, in a CNBC interview, that the president was prepared to walk away if he doesn’t get the terms he wants.
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RunKC 10:44 AM 12-06-2019
Originally Posted by scho63:
:-):-)

You getting market advice from Lex Loser?
Happy to be wrong! I didn’t sell any of my Apple.

December 15th is scaring the shit out of me though! Gonna be interesting to see what happens with the tariffs
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scho63 11:19 AM 12-06-2019
Originally Posted by RunKC:
Happy to be wrong! I didn’t sell any of my Apple.

December 15th is scaring the shit out of me though! Gonna be interesting to see what happens with the tariffs
Citibank just raised Apples target to $300.

China and the EU are fucked and we are in control. Just chill and watch China have to come to the table.

They just offered to remove tariffs on our pork and soy. They do have a shortage of both so it is not as big as some people say but they are feeling pain in their economy and we are rocking and rolling.
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Buehler445 11:26 AM 12-06-2019
Originally Posted by scho63:
Citibank just raised Apples target to $300.

China and the EU are fucked and we are in control. Just chill and watch China have to come to the table.

They just offered to remove tariffs on our pork and soy. They do have a shortage of both so it is not as big as some people say but they are feeling pain in their economy and we are rocking and rolling.
My anticipation is that China will wait Trump out. I don't know if they can do 2024, but I think there is a 0% probability they come to the table before November 2020.
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Hog's Gone Fishin 05:24 PM 12-06-2019
Originally Posted by scho63:
Citibank just raised Apples target to $300.

China and the EU are fucked and we are in control. Just chill and watch China have to come to the table.

They just offered to remove tariffs on our pork and soy. They do have a shortage of both so it is not as big as some people say but they are feeling pain in their economy and we are rocking and rolling.
China owns the largest hog producer/packing company in the United states. They are the worlds largest consumer of pork. Wonder how that works? they put tariffs on a product they own because they still have to export from the US to China??:-) So yeah I'd remove the tariffs too.
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Hog's Gone Fishin 05:27 PM 12-06-2019
So some of you are cashing out for the big crash. What do you think the stock market is going to do once Trump is not to be impeached???

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