XQQ.TO
As always happens after I buy, it's gone down but it's a long-term buy for me.
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Stocks
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As always happens after I buy, it's gone down but it's a long-term buy for me.
Like clockwork, here's your sell signal:
www.bbc.com
Buy back in when he declares TOTAL ANNIHILATION... again...
Trump says he has 'cancelled' strikes against Iran after threatening 'very hard' attack tonight
Trump says discussions with Iran have been "brought to the highest level of Iranian leadership and approved".
www.bbc.com
Buy back in when he declares TOTAL ANNIHILATION... again...
I rarely go in and out. I am roughly even from when you sold a week or two ago. I'm up ~36% from when PP sold at one of the market peaks early last year. Could I have gotten more by trying to time Trumps tweets? Maybe? I could also have done much worse. My nod to timing is try to pile in more money for every 5% the portfolio drops. I tried to wait for 10% drop last year and things turned around before I got there (-8.6% was peak drop) so I missed the opportunity.Like clockwork, here's your sell signal:
Trump says he has 'cancelled' strikes against Iran after threatening 'very hard' attack tonight
Trump says discussions with Iran have been "brought to the highest level of Iranian leadership and approved".
Buy back in when he declares TOTAL ANNIHILATION... again...
High beta stocks.
Some of them are. Sharpe/Sortino/Calmar on the portfolio last year was 1.4/2.4/2.2. I only update those at the end of each year.
EDIT:
FWIW, the day you say sell, my portfolio pops by >2%.
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Yes. "Buy low, sell high", is how the saying usually goes.
When Trump Always Chickens Out, you sell into the rally:
Stock market today: Dow surges 800 points, Nasdaq, S&P 500 surge after Trump calls off Iran strikes
US stocks tumbled amid reports that the US struck Iran hours after President Trump had pledged to do so, saying negotiations were taking "too long."
finance.yahoo.com
When he loses his chit and threatens to blow up the world, you buy into the dips.
This has repeated so often, wonder why the market doesn't just ignore him.
Some people are still very emotional about investing. Far more people Buy High, Sell Low, than the obverse. I assume some subset of the smart people are auto-trading based on his tweets. It could be quite profitable but you can also take a beating. I know I don't understand people enough to consistently win that swing. I suspect the swings are transferring money from normal people to much richer people every time he tweets.
Oh, 100% insider trading.
Trump stock trades fuel accusations of corruption and profiting off presidency
Earlier this month, President Trump disclosed that his trust actively traded individual stocks. It’s an unprecedented practice for a sitting U.S. president in the modern era and is raising concerns about how his actions and public statements could benefit his financial holdings. White House...
www.pbs.org
And if you get caught, no problem, your friend in the high place will bail you out:
Trump pardons former US Congress member accused of insider trading
Republican Stephen Buyer was convicted and sentenced to 22 months in prison, though he has maintained his innocence.
Guaranteed he'll threaten to launch the nukes again soon, but only after he and his buddies have sold off.
You can get mad about it, or join in on his market manipulation.
Picked up some broadcom today see how it does
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Sent from my Pixel 5 using Tapatalk
Congrats Elon! You got the highest score in the world.
Whats next?
Whats next?
I don't know how to feel about that. Imo, he deserves to have the most as he has probably done the most to change the course of multiple industries. That being said, that much concentration of wealth is not helpful for anyone (including him) and it is mostly locked up and unavailable for any use (unless you borrow against it but banks lending hundreds of billions against speculative stocks risk bankruptcy). Was the quest for 1T a vanity project just to see if he could? He could have maintained control of votes to control the companies with a much lower valuation on the Class B shares so the companies would function with no change, he would exist with no change, but his net worth would be vastly lower.
Up 22% since opening. Who bought in? I sure didn't...maybe I made a mistake.
It's gambling/speculating, not investing. Some people don't know the difference, many don't care about the difference. I haven't seen a reasonable argument as to why SPCX makes a good investment even at the IPO price yet alone 22% above.
Everyone knew that it's gonna rocket (pun intended) to the moon (pun intended) for the foreseeable future.
How long that lasts...that's the gamble.
Good investment in the long term We can use an Elon or 2 in Canada
