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Le Chat Noir

Le Chat Noir ©
Jan 28, 2020
1,330
2,004
Of course GIII jumps over 30% this morning, so I need to trust my gut a bit more and stop researching my way out of things.



Le Chat Noir
©
 

ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,114
This is what TD Ameritrade is telling me

Shares of several travel, entertainment and cruise stocks are trading higher amid optimism that coronavirus cases in Asia are potentially easing. Global slowing cases could raise hopes of a sooner return to travel operations.

Apr 7, 2020 8:54a ET
 

Le Chat Noir

Le Chat Noir ©
Jan 28, 2020
1,330
2,004
Shocked at this market. 6 iiom


This run for CCL has been unreal. But what happens when they report earnings? That’s my concern.
Me as well. The entire entertainment and hospitality sectors are down to minimal or zero revenue.
This has to have an impact eventually, but the short term spike is nice if we can time it right.

Le Chat Noir
©
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,615
59,515
Shocked at this market. 6 iiom


This run for CCL has been unreal. But what happens when they report earnings? That’s my concern.
I'd put a stop loss order in $2 (or whatever) below where it is and just keep updating it every morning.

If it drops, you can get out without babysitting it.
It it continues to climb, just keep moving your limit sell up.
 

Judobill

First 100
First 100
Jan 15, 2015
6,219
10,504
I know this is a stock market thread and not a 401K thread, but I’m curious how everyone else’s is doing? As of Jan 1, my account is down a total of 1.5%. I had my entire account in an S&P500 fund and rode it up for years, and moved it into a guaranteed bond fund on Feb 24. The top of the market was on Feb 19, for a total drop of about 300 points on the S&P. Exactly a month later, on March 24, I moved about 20% of my account back into the S&P and now it’s almost back to where it was I also haven’t made any contributions into my fund. Overall, I feel very lucky so far. I know some people who just sat and watched their 401Ks drop a couple hundred thousand and didn’t do anything.
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,615
59,515
Shocked at this market. 6 iiom


This run for CCL has been unreal. But what happens when they report earnings? That’s my concern.
For quarterly earnings, they really shouldn't be too bad for Q1.

It will be Q2 that sucks.
 
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ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,114
I know this is a stock market thread and not a 401K thread, but I’m curious how everyone else’s is doing? As of Jan 1, my account is down a total of 1.5%. I had my entire account in an S&P500 fund and rode it up for years, and moved it into a guaranteed bond fund on Feb 24. The top of the market was on Feb 19, for a total drop of about 300 points on the S&P. Exactly a month later, on March 24, I moved about 20% of my account back into the S&P and now it’s almost back to where it was I also haven’t made any contributions into my fund. Overall, I feel very lucky so far. I know some people who just sat and watched their 401Ks drop a couple hundred thousand and didn’t do anything.
I was down about 20% yesterday, from beginning of the year
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,615
59,515
I know this is a stock market thread and not a 401K thread, but I’m curious how everyone else’s is doing? As of Jan 1, my account is down a total of 1.5%. I had my entire account in an S&P500 fund and rode it up for years, and moved it into a guaranteed bond fund on Feb 24. The top of the market was on Feb 19, for a total drop of about 300 points on the S&P. Exactly a month later, on March 24, I moved about 20% of my account back into the S&P and now it’s almost back to where it was I also haven’t made any contributions into my fund. Overall, I feel very lucky so far. I know some people who just sat and watched their 401Ks drop a couple hundred thousand and didn’t do anything.
I got smoked on one of my 401ks. Should have done what you did.

But I did get a little lucky as I was rolling over from one 401k to another right when the coronavirus shit started in China. They issued me an actual check, and I dragged my feet before mailing in the funds - trying to escape the fall and get funded at the bottom.

You get 60 days before you are taxed. I was at 55. Haha. I didn't time it perfectly, but it definitely saved me a boatload.
 

Wild

Zi Nazi
Admin
Dec 31, 2014
90,036
129,597
I know this is a stock market thread and not a 401K thread, but I’m curious how everyone else’s is doing? As of Jan 1, my account is down a total of 1.5%. I had my entire account in an S&P500 fund and rode it up for years, and moved it into a guaranteed bond fund on Feb 24. The top of the market was on Feb 19, for a total drop of about 300 points on the S&P. Exactly a month later, on March 24, I moved about 20% of my account back into the S&P and now it’s almost back to where it was I also haven’t made any contributions into my fund. Overall, I feel very lucky so far. I know some people who just sat and watched their 401Ks drop a couple hundred thousand and didn’t do anything.
Down 30%. It's fucking brutal but luckily, I have 17 years before retirement.
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,615
59,515
I got smoked on one of my 401ks. Should have done what you did.

But I did get a little lucky as I was rolling over from one 401k to another right when the coronavirus shit started in China. They issued me an actual check, and I dragged my feet before mailing in the funds - trying to escape the fall and get funded at the bottom.

You get 60 days before you are taxed. I was at 55. Haha. I didn't time it perfectly, but it definitely saved me a boatload.
Just checked.
Down 15% in one.
Up 24% in the one I slow played the funding.

Timing is everything.
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,615
59,515
Don't forget the market is closed Friday because of Jesus.
 

Wild

Zi Nazi
Admin
Dec 31, 2014
90,036
129,597
BA is a long hold for me.
This is probably people taking early profits.

Went up $30 in 3 days.
I’m holding for $300 minimum. May take a year or more, but it’s whatever. If it dips below $130 again, I’m buying 10 more shares.
 

Wild

Zi Nazi
Admin
Dec 31, 2014
90,036
129,597
Sold my positions of PLAY, HAL, MGM, and CCL while they were up big the past two days. Going to try and get back in on them again sometime this week, if they dip. Thinking the rest of the week could be down days. Investors taking profits and selling off ahead of Thursdays job numbers, Thursday job numbers, and Friday the aftermath. If not, I'm up 30% on my initial investment and sitting on 75% cash to buy on dips.
 

ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,114
Sold my positions of PLAY, HAL, MGM, and CCL while they were up big the past two days. Going to try and get back in on them again sometime this week, if they dip. Thinking the rest of the week could be down days. Investors taking profits and selling off ahead of Thursdays job numbers, Thursday job numbers, and Friday the aftermath. If not, I'm up 30% on my initial investment and sitting on 75% cash to buy on dips.
Friday the market is closed
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,615
59,515
Quite the reversal.
Market took a u-turn.

Finished down just a tick. Boeing got hammered in the afternoon hours.
 

ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,114
Quite the reversal.
Market took a u-turn.

Finished down just a tick. Boeing got hammered in the afternoon hours.
DOn't remind me, should have pulled the trigger in the morning and bought more this afternoon