cheap stocks
#511
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Joined: Sep 2011
Posts: 81
Likes: 1
If any of you dabble in the OTC Market, I'd suggest taking a good look at the ticker FERN. Very qualified management team looking to build a one-stop shop for all things Crypto. Looking to uplist onto Nasdaq by the end of 2022 and can be bought for just over 3 cents right now. Yes some risk, but BIG potential reward.
#516
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Joined: Jun 2010
Posts: 4,816
Likes: 898
do the opposite of what Cramer says…guy is a clown. So much optimism is already priced in the market. your actually seeing sell offs now because many people think the growth recently observed isn’t sustainable.
i.e. peloton, zoom, roku, Netflix, etc.
all the growth has been pulled forward by 3-5 years because of covid. Question now is…what industry booms next. Likely the reason why EV companies are so hot. Everyone is trying to get ahead of the curve. Or I should say was hot…
hard to predict the flavor of the week. chips were hot for a while with AMD/Nvidia. Then it was EV’s with lucid/fisker. Then it was crypto with Mara/etc.
they all seem to have re-treated. It’s anyone’s guess as to what’s hot next. Everyone has been saying cruiselines and airlines for a while. But it really hasn’t panned out.
i.e. peloton, zoom, roku, Netflix, etc.
all the growth has been pulled forward by 3-5 years because of covid. Question now is…what industry booms next. Likely the reason why EV companies are so hot. Everyone is trying to get ahead of the curve. Or I should say was hot…
hard to predict the flavor of the week. chips were hot for a while with AMD/Nvidia. Then it was EV’s with lucid/fisker. Then it was crypto with Mara/etc.
they all seem to have re-treated. It’s anyone’s guess as to what’s hot next. Everyone has been saying cruiselines and airlines for a while. But it really hasn’t panned out.
Last edited by 1MOSES1; 12-10-2021 at 07:33 AM.
#518
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Joined: Dec 2001
Posts: 3,922
Likes: 393
From: Indianapolis, Lake Cumberland
We are transitioning from a period of wild enthusiasm for the stock market (due to excess government money from Covid), to a period of fear of inflation and growth-stock-hating Fed rate increases. For me anyways, in the past month the market went from being really easy to make money to it really being easy to lose money. Owning anything in the small cap and growth sectors has been brutal - and I got caught holding some and it cost me a chunk of my recent gains. Sucks.
Bigger picture, sans the last month we've had nearly two pheromonal years of gains during a world-wide pandemic, and the market was good for years prior to that. But it appears we may have entered a difficult period - at least for what I primarily trade. I have no vison for how to make money at the moment. I trade a lot of growth stocks and small caps. Both are in the midst of end-of-year tax loss selling combined with lowered earnings expectations due to the worst inflation we've seen in the last 40 years. Traders are in a risk-off mindset. I'm in wealth-preservation made until the picture is clearer. . Big money-tech with earnings like Apple are holding up fine - for the moment. Speculative plays continue to sink.
Bigger picture, sans the last month we've had nearly two pheromonal years of gains during a world-wide pandemic, and the market was good for years prior to that. But it appears we may have entered a difficult period - at least for what I primarily trade. I have no vison for how to make money at the moment. I trade a lot of growth stocks and small caps. Both are in the midst of end-of-year tax loss selling combined with lowered earnings expectations due to the worst inflation we've seen in the last 40 years. Traders are in a risk-off mindset. I'm in wealth-preservation made until the picture is clearer. . Big money-tech with earnings like Apple are holding up fine - for the moment. Speculative plays continue to sink.
#519
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Joined: Sep 2009
Posts: 285
Likes: 51
From: Livermore, Ca
The conservative press has been running stories last few days regarding Biden Admin campaign to pressure the press for positive coverage of the floundering Administration.
Passing the Build Back Better spending spree the apparent goal.
Ran across this today re: Cramer... "“In a normal country, with a functioning meritocracy, anyone who said something like that would no longer be touting stocks on television. He’d be cleaning your pool!"
https://therightscoop.com/tucker-car...d-its-awesome/
Agree with above...doesn't feel like S&P is just below all time highs...
Passing the Build Back Better spending spree the apparent goal.
Ran across this today re: Cramer... "“In a normal country, with a functioning meritocracy, anyone who said something like that would no longer be touting stocks on television. He’d be cleaning your pool!"
https://therightscoop.com/tucker-car...d-its-awesome/
Agree with above...doesn't feel like S&P is just below all time highs...



