I've got lots of big dividend plays I'm into. PSEC, NLY, FTR, CQP, etc... to name only a few that I've talked about on here before. All pay fat dividends. I have my PSEC (Only) Dividends in a drip and it's paid out so much that I've almost doubled my shares since buying in.
I understand going into other yielding stocks, but the way things are and CLCt being pretty solid, I see no reason to jump out after they payout. If there were some signs that there were some groth stocks out there that might get you more than 8%, sure, but I'll take my growth in CLCT and the 8% payout for now.
I have some others like MO, RAI, and T, that are yielding well.
You know, I wanted to start a short position in anything at EOD yesterday but haven't had the balls to make any plays since I'm like 50% underwater for the year. But look at the chart on the DJI, today's sell off was written on the wall.
Overhead resistance at 11,500 with thinning volume. I think we'll close right around 11,000 - 11,050 which is another support level. From there it'll either climb back to 11,500 again or fall to 10,750. And once 10,750 breaks, say hello to 10,000.
Waiting till 10,000 to take anymore positions but I might go short if we get back to 11,500 on thinning volume again.
Luckily I was just speculating with extra money and kept a good amount in liquid cash savings. But still, now that I've bought an engagement ring and plan to go to grad school (company only pays 50%), I definitely could have used the money. Live and learn, nothing I can do now but ride it out. At least I believe in the fundamentals of the stocks I still own.
Im only 22 and playing the stock market has always interested me. I decided to start with a basic 401k through my employer (Macy*s). To me it was a no brainer. Given our current state of affairs in the US the most sensible thing to do was to enroll and let it accumulate over time. I didn't jump into any high risk areas, obviously with my strategy being long term growth. Through Merril Lynch I put it all in very safe areas. 25% (the max allowed for it) is currently in Macy*s stock (posted an OK increase last yr and over $1B in profit) . Another 25% is in the S&P 500, with the rest in a fund for a projected retirement in 2035. Anyway buying & selling outside my 401k has being running through my mind but with the extreme market fluctuations as of late im wondering when is the right time to pull the trigger?
Ouch, they run your 401k through Merril Lynch? Stay away from any actual ML funds, if possible, they have murderous loads and fees (I seem to recall a 3%-4% load being typical with them).
Not only that but you should seriously watch how much you put into your own company's stock. Think about it, if the company tanks and you lose your job you might lose your investment in the stock as well, DOUBLE WHAMMY! Luckily Macy's is a long-term company and not some startup so the risk is limited compared to what others might be in.
So... interesting week. I got the DOW in a channel between 10,750 and 11,500. We've been in this channel since August 10th, and next week will be interesting.
If we breakout from 11.5k, it looks like the Bulls have won (for now) and that would be a new floor. Or we retreat and pull back within the channel yet again. The volume is already above average today with 2 hours still to go, so today's candlestick will be pretty meaningful.
And it looks like CLCT behaves completely inverse to DOW volatility. Look at the DJI compared to CLCT. When the DOW crashed, CLCT spiked to new highs. I'm assuming this is indicative of people moving their money to a high % dividend stock when the market looked like it could be crashing. Now that it has stabilized, CLCT has dropped about 25%, showing that people were okay with getting back into more risky investments.
As far as a stock to throw out there, I like BZ. I had been wanting to get it on a dip, but I don't have the guts to play anything right now. Market is a rigged game and I want some of my losses to rebound before taking more risks.
Market is a rigged game and I want some of my losses to rebound before taking more risks.
I think that's a bit of an oversimplification.
But I do agree that given the level of automated and high-frequency trading that takes place that the market gets pushed around more than it should by the market-makers, and highs and lows are being exaggerated in a way that wouldn't occur if only man-in-the-loop trading was present.
Athough, certain aspects of the precious metals market are known to be heavily manipulated by certain firms. (same way with numerous governments manipulating currency markets)
So... interesting week. I got the DOW in a channel between 10,750 and 11,500. We've been in this channel since August 10th, and next week will be interesting.
If we breakout from 11.5k, it looks like the Bulls have won (for now) and that would be a new floor. Or we retreat and pull back within the channel yet again. The volume is already above average today with 2 hours still to go, so today's candlestick will be pretty meaningful.
And it looks like CLCT behaves completely inverse to DOW volatility. Look at the DJI compared to CLCT. When the DOW crashed, CLCT spiked to new highs. I'm assuming this is indicative of people moving their money to a high % dividend stock when the market looked like it could be crashing. Now that it has stabilized, CLCT has dropped about 25%, showing that people were okay with getting back into more risky investments.
As far as a stock to throw out there, I like BZ. I had been wanting to get it on a dip, but I don't have the guts to play anything right now. Market is a rigged game and I want some of my losses to rebound before taking more risks.
CLCT has some "interesting" guidance at their last quarterly meeting. Had to do with some poor performance of legacy operations. The stock took a hit after that. It' still riding ok. I too noticed it going counter market, but I couldn't tell you why. Still making money, and paying a good dividend on on it.
On other news I picked up some STM when it hit it's 52 week low the other week. It's kinda interesting up a buck /down a buck with a $6 stock. Also paying 6% and change in dividend.
And it looks like CLCT behaves completely inverse to DOW volatility. Look at the DJI compared to CLCT. When the DOW crashed, CLCT spiked to new highs. I'm assuming this is indicative of people moving their money to a high % dividend stock when the market looked like it could be crashing. Now that it has stabilized, CLCT has dropped about 25%, showing that people were okay with getting back into more risky investments.
CLCT has some "interesting" guidance at their last quarterly meeting. Had to do with some poor performance of legacy operations. The stock took a hit after that. It' still riding ok. I too noticed it going counter market, but I couldn't tell you why. Still making money, and paying a good dividend on on it.
Yeah, it's just a matter of what you trade on. Some people believe you can read everything from a chart and some people believe in the fundamentals. Personally, with my losses this year, I believe in the charts more. I think even the best company in the world can easily have their stock manipulated up or down if the traders flock to it. The long term investor doesn't care though because they know the fundamentals should win out eventually.
Realistically, I think the stock should have never had the $15 to $18 jump, and just a bunch of traders piled in to make a buck. They're all gone, and it's back in the mid 15s.
When I have more money to put towards the market, I'll definitey allocate more of my portfolio to high yield dividends. Right now I can really use the liquidity though.
Humn kinda EXACTLY what I said all along about CLCT. Of course people are goign to pile in before a payment and then bail after it's locked in. That's the market history since the market began.
You know, I'm late to the party but damn look at NFLX stock now. From $300 to $140 in two months... and I still don't think we've seen the bottom.
What a funny reminder in the life of business. By the laws of economics, the market demand will decrease with a increase in supply price. Whoever was on the financial staff apparently didn't do the calculations to determine where that market equilibrium would be. And now they must lie in the graves they dug...
No one cares about the Netflix blood bath here? It's fun to watch, though I'm sorry if anyone here has a position. Looking at the chart, I think we're going to keep falling until at least $100. I would maybe consider a bounce play at that level, but even that could be risky. I'll wait for a buy signal from the chart before doing anything.
But I wouldn't be surprised if this got really ugly. If you look at insider transactions, everyone including the CEO has been dumping heavily. They knew the price hike could have negative impacts and bailed out ahead of the curve. The rich get richer and the common stockholders are getting burned badly.
EDIT to add:
Watch CSTR. Redbox is going to be the sole beneficiary of this as people transfer over from Netflix. If the overall market wasn't a 50/50 toss up at this point, I'd be more adamant about starting a position with them.
I don't have a stake in it personally. Really it just feels like watching the inevitable as a result a poor decision making and a lack of market research.
Kind of reminds me of the "all you can eat crab" fiasco at Red Lobster a few years ago.
Somebody will publicly fall on their sword over it, at some point. The bigger shareholders will demand it.
ETA: that's a really good point about Coinstar. They're definitely in a position to benefit, but I don't know how that's going to translate into the share values, since they've really exploded over the last few years.
No one cares about the Netflix blood bath here? It's fun to watch, though I'm sorry if anyone here has a position. Looking at the chart, I think we're going to keep falling until at least $100. I would maybe consider a bounce play at that level, but even that could be risky. I'll wait for a buy signal from the chart before doing anything.
But I wouldn't be surprised if this got really ugly. If you look at insider transactions, everyone including the CEO has been dumping heavily. They knew the price hike could have negative impacts and bailed out ahead of the curve. The rich get richer and the common stockholders are getting burned badly.
EDIT to add:
Watch CSTR. Redbox is going to be the sole beneficiary of this as people transfer over from Netflix. If the overall market wasn't a 50/50 toss up at this point, I'd be more adamant about starting a position with them.
The Netflix thing I've seen before. see 1997-2000 when the tech bubble hit.
New Tech combined with high growth potential can be either very good or very bad. Most of the time it's very bad once people stop jumping on the wagon and come back to reality.
Remember companies like Excite, Gateway. A few came out alive like Amazon, and Micron and Yahoo are still around(barely).
Netflix is a new business concept. It had a ton of growth potential and thus investors and speculators throw gobs of money at it. A drastic change in idea has everyone running for the door. Hell, it wasn't too long ago MySpace was gonna rule the world...whoops. Facebook is just as vulnerable, if the don't stay on top of things.
It's just something that happens in emerging technology.
Look out below, we just broke the august low trend line.
Eh I wouldn't say it broke yet. I say we're sitting right at the support level and we close above this line. Strongly considering starting a position in something that I've been watching awhile. Just based on the dow probably channeling back up to 11k again.
So anyone else make some money in this run up? I was in ENTR Thursday at $4.36 and exited today at $5.03. Of course, since I'm down huge this year, I didn't have much money to play with, but a gain is a gain. Felt good to finally be on the right side of a trade.
I have very little faith in the 11.5k DOW, which is why I bailed on ENTR. It's a great company (I'm still holding some $7 and $8 shares), but the DOW is prime for trading right now. Probably going to see some selling off tomorrow, or possibly a push towards the SMA200 at 12k before getting the next pullback.
I may try to grab my first short position when the pullback does occur. My prime short target right now is ZAGG. Closed today at $12.72, and I think it'll see sub $10 again within a couple of weeks. Time will tell.
So anyone else make some money in this run up? I was in ENTR Thursday at $4.36 and exited today at $5.03. Of course, since I'm down huge this year, I didn't have much money to play with, but a gain is a gain. Felt good to finally be on the right side of a trade.
I have very little faith in the 11.5k DOW, which is why I bailed on ENTR. It's a great company (I'm still holding some $7 and $8 shares), but the DOW is prime for trading right now. Probably going to see some selling off tomorrow..
So today ENTR is settting new highs after the earnings miss on 8/4, and on a red day for the overall DOW. I'd say that's a pretty bullish sign for this stock, and I wouldn't be surprised if it covers the gap to $6.50-$7 after the next earnings report in about 3-4 weeks.
All the same, I have a mental block against investing in a company whose name means "disorder" (just like I would never have invested in a stock with a ticker for shit-out of-luck)
HAHAHAHA... now who would have ever bought any SOL around here, I mean we are all way too smart to have bought into that piece o... ohhhhhhh ouch that's right. Sorry Jonas.
HAHAHAHA... now who would have ever bought any SOL around here, I mean we are all way too smart to have bought into that piece o... ohhhhhhh ouch that's right. Sorry Jonas.
Eh, it's not a loss until you cash out. If anything, being underwater is a blessing in disguise because it teaches you some lessons about the market. Even the best stock can possibly be manipulated short term to some severe losses. It has also taught me to buy into a trend after a confirmation, rather than trying to grab the exact bottom of the bounce.
Like take BZ for example. Look at the chart on it, clear bounce and was running up to about $6.60, then dropped right back down to $4. Why? Because some instution sold like 100,000 Dec $6.50 calls right at the top, then two days later the stock was downgraded. Some rich guy pockets a couple hundred thousand, then all of the stockholders take it on the chin. Plain silly.
Until the economy fixes itself (which could be 5-10 years), I think trading is the way to go over buying and holding. I'll leave the buying and holding to my 401k, and I'll take my trading chances when an opportunity presents itself.
Comments
I've got lots of big dividend plays I'm into. PSEC, NLY, FTR, CQP, etc... to name only a few that I've talked about on here before. All pay fat dividends. I have my PSEC (Only) Dividends in a drip and it's paid out so much that I've almost doubled my shares since buying in.
I understand going into other yielding stocks, but the way things are and CLCt being pretty solid, I see no reason to jump out after they payout. If there were some signs that there were some groth stocks out there that might get you more than 8%, sure, but I'll take my growth in CLCT and the 8% payout for now.
I have some others like MO, RAI, and T, that are yielding well.
that's whats going on today man
Overhead resistance at 11,500 with thinning volume. I think we'll close right around 11,000 - 11,050 which is another support level. From there it'll either climb back to 11,500 again or fall to 10,750. And once 10,750 breaks, say hello to 10,000.
Waiting till 10,000 to take anymore positions but I might go short if we get back to 11,500 on thinning volume again.
Anyway buying & selling outside my 401k has being running through my mind but with the extreme market fluctuations as of late im wondering when is the right time to pull the trigger?
Not only that but you should seriously watch how much you put into your own company's stock. Think about it, if the company tanks and you lose your job you might lose your investment in the stock as well, DOUBLE WHAMMY! Luckily Macy's is a long-term company and not some startup so the risk is limited compared to what others might be in.
If we breakout from 11.5k, it looks like the Bulls have won (for now) and that would be a new floor. Or we retreat and pull back within the channel yet again. The volume is already above average today with 2 hours still to go, so today's candlestick will be pretty meaningful.
And it looks like CLCT behaves completely inverse to DOW volatility. Look at the DJI compared to CLCT. When the DOW crashed, CLCT spiked to new highs. I'm assuming this is indicative of people moving their money to a high % dividend stock when the market looked like it could be crashing. Now that it has stabilized, CLCT has dropped about 25%, showing that people were okay with getting back into more risky investments.
As far as a stock to throw out there, I like BZ. I had been wanting to get it on a dip, but I don't have the guts to play anything right now. Market is a rigged game and I want some of my losses to rebound before taking more risks.
Market is a rigged game and I want some of my losses to rebound before taking more risks.
I think that's a bit of an oversimplification.
But I do agree that given the level of automated and high-frequency trading that takes place that the market gets pushed around more than it should by the market-makers, and highs and lows are being exaggerated in a way that wouldn't occur if only man-in-the-loop trading was present.
Athough, certain aspects of the precious metals market are known to be heavily manipulated by certain firms. (same way with numerous governments manipulating currency markets)
So... interesting week. I got the DOW in a channel between 10,750 and 11,500. We've been in this channel since August 10th, and next week will be interesting.
If we breakout from 11.5k, it looks like the Bulls have won (for now) and that would be a new floor. Or we retreat and pull back within the channel yet again. The volume is already above average today with 2 hours still to go, so today's candlestick will be pretty meaningful.
And it looks like CLCT behaves completely inverse to DOW volatility. Look at the DJI compared to CLCT. When the DOW crashed, CLCT spiked to new highs. I'm assuming this is indicative of people moving their money to a high % dividend stock when the market looked like it could be crashing. Now that it has stabilized, CLCT has dropped about 25%, showing that people were okay with getting back into more risky investments.
As far as a stock to throw out there, I like BZ. I had been wanting to get it on a dip, but I don't have the guts to play anything right now. Market is a rigged game and I want some of my losses to rebound before taking more risks.
CLCT has some "interesting" guidance at their last quarterly meeting. Had to do with some poor performance of legacy operations. The stock took a hit after that. It' still riding ok. I too noticed it going counter market, but I couldn't tell you why. Still making money, and paying a good dividend on on it.
On other news I picked up some STM when it hit it's 52 week low the other week. It's kinda interesting up a buck /down a buck with a $6 stock. Also paying 6% and change in dividend.
And it looks like CLCT behaves completely inverse to DOW volatility. Look at the DJI compared to CLCT. When the DOW crashed, CLCT spiked to new highs. I'm assuming this is indicative of people moving their money to a high % dividend stock when the market looked like it could be crashing. Now that it has stabilized, CLCT has dropped about 25%, showing that people were okay with getting back into more risky investments.
CLCT has some "interesting" guidance at their last quarterly meeting. Had to do with some poor performance of legacy operations. The stock took a hit after that. It' still riding ok. I too noticed it going counter market, but I couldn't tell you why. Still making money, and paying a good dividend on on it.
Yeah, it's just a matter of what you trade on. Some people believe you can read everything from a chart and some people believe in the fundamentals. Personally, with my losses this year, I believe in the charts more. I think even the best company in the world can easily have their stock manipulated up or down if the traders flock to it. The long term investor doesn't care though because they know the fundamentals should win out eventually.
Realistically, I think the stock should have never had the $15 to $18 jump, and just a bunch of traders piled in to make a buck. They're all gone, and it's back in the mid 15s.
When I have more money to put towards the market, I'll definitey allocate more of my portfolio to high yield dividends. Right now I can really use the liquidity though.
What a funny reminder in the life of business. By the laws of economics, the market demand will decrease with a increase in supply price. Whoever was on the financial staff apparently didn't do the calculations to determine where that market equilibrium would be. And now they must lie in the graves they dug...
But I wouldn't be surprised if this got really ugly. If you look at insider transactions, everyone including the CEO has been dumping heavily. They knew the price hike could have negative impacts and bailed out ahead of the curve. The rich get richer and the common stockholders are getting burned badly.
EDIT to add:
Watch CSTR. Redbox is going to be the sole beneficiary of this as people transfer over from Netflix. If the overall market wasn't a 50/50 toss up at this point, I'd be more adamant about starting a position with them.
Kind of reminds me of the "all you can eat crab" fiasco at Red Lobster a few years ago.
Somebody will publicly fall on their sword over it, at some point. The bigger shareholders will demand it.
ETA: that's a really good point about Coinstar. They're definitely in a position to benefit, but I don't know how that's going to translate into the share values, since they've really exploded over the last few years.
No one cares about the Netflix blood bath here? It's fun to watch, though I'm sorry if anyone here has a position. Looking at the chart, I think we're going to keep falling until at least $100. I would maybe consider a bounce play at that level, but even that could be risky. I'll wait for a buy signal from the chart before doing anything.
But I wouldn't be surprised if this got really ugly. If you look at insider transactions, everyone including the CEO has been dumping heavily. They knew the price hike could have negative impacts and bailed out ahead of the curve. The rich get richer and the common stockholders are getting burned badly.
EDIT to add:
Watch CSTR. Redbox is going to be the sole beneficiary of this as people transfer over from Netflix. If the overall market wasn't a 50/50 toss up at this point, I'd be more adamant about starting a position with them.
The Netflix thing I've seen before. see 1997-2000 when the tech bubble hit.
New Tech combined with high growth potential can be either very good or very bad. Most of the time it's very bad once people stop jumping on the wagon and come back to reality.
Remember companies like Excite, Gateway. A few came out alive like Amazon, and Micron and Yahoo are still around(barely).
Netflix is a new business concept. It had a ton of growth potential and thus investors and speculators throw gobs of money at it. A drastic change in idea has everyone running for the door. Hell, it wasn't too long ago MySpace was gonna rule the world...whoops. Facebook is just as vulnerable, if the don't stay on top of things.
It's just something that happens in emerging technology.
Look out below, we just broke the august low trend line.
Eh I wouldn't say it broke yet. I say we're sitting right at the support level and we close above this line. Strongly considering starting a position in something that I've been watching awhile. Just based on the dow probably channeling back up to 11k again.
I have very little faith in the 11.5k DOW, which is why I bailed on ENTR. It's a great company (I'm still holding some $7 and $8 shares), but the DOW is prime for trading right now. Probably going to see some selling off tomorrow, or possibly a push towards the SMA200 at 12k before getting the next pullback.
I may try to grab my first short position when the pullback does occur. My prime short target right now is ZAGG. Closed today at $12.72, and I think it'll see sub $10 again within a couple of weeks. Time will tell.
So anyone else make some money in this run up? I was in ENTR Thursday at $4.36 and exited today at $5.03. Of course, since I'm down huge this year, I didn't have much money to play with, but a gain is a gain. Felt good to finally be on the right side of a trade.
I have very little faith in the 11.5k DOW, which is why I bailed on ENTR. It's a great company (I'm still holding some $7 and $8 shares), but the DOW is prime for trading right now. Probably going to see some selling off tomorrow..
So today ENTR is settting new highs after the earnings miss on 8/4, and on a red day for the overall DOW. I'd say that's a pretty bullish sign for this stock, and I wouldn't be surprised if it covers the gap to $6.50-$7 after the next earnings report in about 3-4 weeks.
HAHAHAHA... now who would have ever bought any SOL around here, I mean we are all way too smart to have bought into that piece o... ohhhhhhh ouch that's right. Sorry Jonas.
Eh, it's not a loss until you cash out. If anything, being underwater is a blessing in disguise because it teaches you some lessons about the market. Even the best stock can possibly be manipulated short term to some severe losses. It has also taught me to buy into a trend after a confirmation, rather than trying to grab the exact bottom of the bounce.
Like take BZ for example. Look at the chart on it, clear bounce and was running up to about $6.60, then dropped right back down to $4. Why? Because some instution sold like 100,000 Dec $6.50 calls right at the top, then two days later the stock was downgraded. Some rich guy pockets a couple hundred thousand, then all of the stockholders take it on the chin. Plain silly.
Until the economy fixes itself (which could be 5-10 years), I think trading is the way to go over buying and holding. I'll leave the buying and holding to my 401k, and I'll take my trading chances when an opportunity presents itself.