***Official*** 2014 Stock Market Thread

[Imp]

It is about 40%. The last time it dropped that much it did not stop till it had fallen ~80%.

All in at $40, not for me. At $20 I would start easying in. But, I am near enough to needing to start drawing on my IRA. And I'm more concerned about the return OF my investment. Than a return ON my investment.

.

Ugh, opportunity of a lifetime. I'm not 30 yet and "should" be just starting out career-wise. If I were on an actual career path, I'd be comfortable doing this once in a lifetime gamble. Unfortunately, unemployed and looking for a new line of work right now because the last one made me want to cut myself.

 

[Hugo Drax]

COS takes another big hit.

 

[Icecold]

Anybody investing in Russia? I might try to get into the Market Vector Russia ETF Trust (RSX) if it hits $20.

Glad I didn't do that! (is at $13.89 right now).

I did buy a small amount of MBT at $13.40 a share and have lost nearly half of it.. I wonder just how far the Russian economy can tank.

 

[Imp]

COS takes another big hit.

Any day it doesn't drop more than 10% is a good day! Man, I was doing so well this year...

My other bet seems to be on track though:

Statistics Canada said household total credit market debt (mortgages, consumer credit and non-mortgage loans) rose to 162.6 per cent of disposable income in the quarter, up from a revised 161.5 per cent in the second quarter. The second quarter was originally reported as 163.6 per cent.

http://www.theglobeandmail.com/glob...d-debt-rises-to-record-level/article22082881/

 

[JEDI]

why are oil funds dropping big this afternoon when oil prices have recovered from their lows to almost breakeven?!

hm...Russia heading for a crash as Ruble drops 12% vs the dollar today.
this be the reason oil funds are dropping despite oil prices almost recovering???

 

[Imp]

West Texas Crude is down $2 according to my broker right now -- 15 minute delay. Brent's down $1.

 

[JEDI]

West Texas Crude is down $2 according to my broker right now -- 15 minute delay. Brent's down $1.

yeah, light crude ended the day down -1.4%.
but that doesn't explain the 6% drop in oil funds?!

 

[Imp]

yeah, light crude ended the day down -1.4%.
but that doesn't explain the 6% drop in oil funds?!

From what I've heard plus shit I made up:
- Tax loss selling
- Impending doom cause unprofitable companies potentially going bankrupt
- Margin calls
- Impending doom
- Emotional investors
- Panicking investors
- Jesus Christ
- Hail Satan

 

[Kwatt]

yeah, light crude ended the day down -1.4%.
but that doesn't explain the 6% drop in oil funds?!

Are those funds holding any oil junk bonds?

.

 

[JEDI]

oil is being hammered in pre-market. -4%

$40/barrel by New years?

 

[JEDI]

hm.. oil dropped below $55/barrel for the 1st time in 5yrs yet USO is up 2%?!

What gives?

 

[Imp]

Dead cat bounce. COS is up! First time in... f***, I can't remember. Only 100% to go until I break even.

 

[JEDI]

oil up 5%.

the bottom is here?

 

[JTsyo]

oil up 5%.

the bottom is here?

depends, will supply decrease or demand increase? If not I don't see why this will be bottom.

 

[Imp]

Go go dead cat bounce again!

Expecting it to fall back down to lows earlier this week. If it doesn't, damn, didn't bottom-load my position well at all.

 

[JEDI]

depends, will supply decrease or demand increase? If not I don't see why this will be bottom.

then why did oil go up 5% today?
(hm.. back to 0% gain right now.)

 

[Imp]

COS up about 10% again. Made *back* 25 percent of 50% of my original investment in 3 days. FML... lol

 

[ghost recon88]

S&P 500 is the only one I care about, up 2.4% percent today

 

[IHateMyJob2004]

Century — the world’s third-biggest zinc mine — is expected to close in 2015.

Guess a stock ticker involved with ZINC involved with its name. I am putting more money there on Jan 2.

 

[PlanetJosh]

Tried day trading for the first time this week and made over $200 usd. I know it's not likely I or most individual traders can do that on a mostly consistent basis but I'm curious about day trading just to try it. Institutional traders can make a hell of a lot more of course regularly for the most part on a yearly basis. But I'm no institutional trader.

I traded in ONVO, CCXI and ODP (Organovo, Chemo Centryx, and Office Depot) in the NYSE and NASDAQ. My buys were no more than 6k per trade. Made the $200 in 4 day trades during the week selling after a few minutes or a few hours.

 

[FelixDeCat]

Im in for the oil bounce.

100 shares of GDP $5

:sneaky:

 

[FelixDeCat]

Tried day trading for the first time this week and made over $200 usd. I know it's not likely I or most individual traders can do that on a mostly consistent basis but I'm curious about day trading just to try it. Institutional traders can make a hell of a lot more of course regularly for the most part on a yearly basis. But I'm no institutional trader.

I traded in ONVO, CCXI and ODP (Organovo, Chemo Centryx, and Office Depot) in the NYSE and NASDAQ. My buys were no more than 6k per trade. Made the $200 in 4 day trades during the week selling after a few minutes or a few hours.

You lose that $200, and then lose the whole $6000.

Daytrading does not work because even though you make a buck or two here and there you will lose more than you make in the long run.

Some people have to learn the hard way, or they never learn. So keep at it and get back to me when you hit zero. Dont say I didnt warn you.

 

[JEDI]

Im in for the oil bounce.

100 shares of GDP $5

:sneaky:

hm.. is it me or are oil futures heading higher during xmas week then sharply lower right after new years?

 

[Imp]

No actual changes to oil market, crude prices essentially fluctuating around $55, but oil company stocks are rising... Ya, probably going to crash after Christmas again.

 

[AudiophileGeek]

US Stock market should be going up Q1 2015. Oil stock prices are rising