Sold half of my GEO today. Gonna let the other half sit a bit more. Bought a little more LPG with the profits. I was just lucky to buy TSM 3 weeks ago just before Warren B thought it was a good idea too. Now if that damn NIO will just get out of the hole....... Even with a 21% gain today I am still in the shitter on that one
Anybody Buying Yet? Where’s the Bottom?
- Thread starter NEWHunter
- Start date
SAJ-99
Well-known member
Not by the end of the year.
Still wouldn't dismiss the possibility next year though. Market is trading at 18x 2023 estimates of $225/sh. Seems rich, especially when everyone keeps saying there will be a recession. Everything remains very confusing.bwanakubwa
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Gotta agree with you except I wouldn't be surprised if the market goes sideways all of 2023Not by the end of the year.
SAJ-99
Well-known member
LOL. Markets don't go sideways. Traders all have itchy trigger fingers.
Irrelevant
Well-known member
TSM is gonna be a real money maker. Some of my buys are WAY higher, but they'll still turn me a nice profit at some point.
I looked at the PE compared to Intel and Nvdia and it seemed a no brainer. Then for a tech stock it has a very NICE div.
I thought of you today when I saw that jump. I’m still -77% on that dog…
Ouch. That is in the hole. I am around -28%
BigHornRam
Well-known member
Maybe all the "traders" will move into oil in 2023?
Why 2023 Is Likely To See Much Higher Oil Prices | OilPrice.com
Wall Street is overall bullish on oil, even if that is not necessarily reflecting current prices, and many analysts remain positive about the prospects for oil when China reopens
oilprice.com
SAJ-99
Well-known member
Just give ‘em a reason and they would be happy to.Maybe all the "traders" will move into oil in 2023?
Why 2023 Is Likely To See Much Higher Oil Prices | OilPrice.com
Wall Street is overall bullish on oil, even if that is not necessarily reflecting current prices, and many analysts remain positive about the prospects for oil when China reopens
BigHornRam
Well-known member
Plenty of what ifs to keep the market volatile. That's what they like, right?
Benfromalbuquerque
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That goddamn Buffet thing about “buy index funds” really kicks me in the nuts as a reminder most of the time. I sometimes win, but generally lose trying to figure out the game on my own.
Benfromalbuquerque
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Residential/Commercial REITs. Look at how those did during the Recession. Borrowing rates are high now and applicants are being screened out. If the concern blows over and everything is terrific then these REITs will be alright. If not and things get worse then these REITs will do even better!Not by the end of the year.
SAJ-99
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Ahh yes REITs. All the economic sensitivity of stocks and the rate sensitivity of bonds. Two risks taking swings at the nuts on a daily basis.
rogerthat
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I bought some of those 6-9 months ago crafting an income portfolio. Portfolio dynamite baby!!!
Benfromalbuquerque
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Have you or your friends ever put money in GME? There is help, just a phone call away.
rogerthat
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1800-yousuck
rogerthat
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The two I bought NLY and AGNC. Dividends are yuge!!! As is the loss in principal…minor detail
SAJ-99
Well-known member
Nope. No GME. I do own some REITs as a core part of my portfolio. But they have been the worst dog of the year. Which makes sense.
SAJ-99
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More great RE news 
