tighter stops and smaller position size in this environment
I think I’m coming around to the idea that I feel most comfortable buying stocks that are in an uptrend, with good relative strength, preferably...
Neither do I. Market is guilty until proven innocent
yeah I lost a few bucks on it. Actually bought a number of years ago and then sold, made a bunch. But like an idiot bought back half on a drop,...
I owned AMZN, sold it back in April at 143, after it broke support. I sold it strictly based on technicals. But from a fundamental, long term...
I think it’s simple math. AUM down, expenses fixed, = earnings down =stock price trashed. That’s where we are. Bad news built in. Could it go...
yeah, I get that, but don’t think that’s the case in all areas. We’re in a bear market. Good stocks get trashed. Bear markets create danger for...
What are we looking at? The price chart coming down into the volume chart?
my opinion? Market. Lifts all boats and Vice versa. WBA isn’t exactly a fast grower. And TROW is dependent on AUM, which obviously drops with the...
Just an experiment. when I actually by a stock I check the chart, earnings growth, etc.
as a trader, day or swing, yes. But as a longer term investor even as a position trader, I disagree. If I buy a stock like WBA (Boots Walgreens)...
Thanks, this is interesting. right now it shows “0” stocks coming up in the CANSLIM screen. I’m guessing that’s more a function of having to be a...
I tend to focus on valuation. Forward P/E, PEG Ratio, using consensus estimates, then, often if it’s a company with volatile earnings history, I...
I agree that FFTY is not a valid test of the CANSLIM methodology. You just can’t manage a fund , even an ETF to the exact strategy, the...
It’s funny this came up this week. I’ve been thinking about doing a paper money experiment. Using the IBD 50 list. It uses the CANSLIM methodology...
Yes position trading. In the past when I talked investing, I meant long term, pretty much buy, hold, and add. Now, being retired, I’m no longer...
Was thinking about starting a thread for investment (not trade) ideas. Is it even worth doing that here? Or is everyone pure trader
I am realizing that as an INVESTOR, looking for good ideas in a depressed market. The weekly time frame, which I never looked at much, before, is...
Last time the S&P 500 traded below the 200 week MA and stayed there for any length of time was 2008-2009. Since then, only the Covid low brought...
I posted it for me. Not for you. If you ain’t interested then just scroll past it. No need to get your panties all twisted in a wad.
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