Traders and Investors
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FHII
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Sold Apple and Google, as well as some ETF'S that were heavy in tech and internet. Googl has been making very modest gains recently, but not enough to keep me interested.
This is about 25% of my portfolio, and its been losing consistently. Apple, Microsoft, Facebook... All have been in the news lately and its not been good press. These sales are going to take 2 days to materialize because I am with Stash. That being said, the sales may not go through till Monday.
I own some CVS which is real hot right now off a good earnings report and news that they are stepping up with vaccinations. I might add to that while its hot (up nearly 13% in the last 2 days). Watching BJs too. Then again, I am looking at oil and also bonds... Bonds are lazy and slow but at least they are stable!
Foreign markets are also interesting... But India seems to be in turmoil with Covid. The far East has China being "China". However... All seem like better options then big tech like Apple, Facebook and Microsoft right now.
This is about 25% of my portfolio, and its been losing consistently. Apple, Microsoft, Facebook... All have been in the news lately and its not been good press. These sales are going to take 2 days to materialize because I am with Stash. That being said, the sales may not go through till Monday.
I own some CVS which is real hot right now off a good earnings report and news that they are stepping up with vaccinations. I might add to that while its hot (up nearly 13% in the last 2 days). Watching BJs too. Then again, I am looking at oil and also bonds... Bonds are lazy and slow but at least they are stable!
Foreign markets are also interesting... But India seems to be in turmoil with Covid. The far East has China being "China". However... All seem like better options then big tech like Apple, Facebook and Microsoft right now.
No...but I watch them as they relate to commodities that those nations produce. For example Australia has lots of mining...things like copper, gold and etc. Brazil's Real is important for things like coffee, cocoa, cotton, sugar and ethanol and steel production. Canadian dollars are important for things like rough lumber futures, gold, and oil used for plastics. The exchange rate also affects futures contract prices which in turn means that some companies are going to do well with the products they deal with and causing futures to go up.
See, India's Rupee is important for the cotton and sugar they produce. But the lack of containers available for shipping sugar along with the poor sugar beet harvest and Brazil's production of Ethanol all goes together to make the price of ethanol at record high levels. Cotton is also at really high levels. (not enough planted and harvested and everyone needs new clothes after getting fat during quarantine)
The stock market is not for those faint of heart...and some saavy as to what is going to be popular and why. Energy is one of those things that is subject to supply. And it is a tricky play for those who wish to make gains. You can buy ETFs that are related to the energy sector. Again...do some research as to what is working or not. I am not a fan of China...I do like Taiwan...but be very careful. Hynix looks good but it falls after hitting 15/share...something like 30-40%.
Energy is a good sector. buy when low and sell when high...don't do it the other way around. It won't make you any money that way.
all metals are climbing as a hedge against inflation. Watch for an exceptional run up and then dump them....or just take some profits.
Which brings me to another subject.
Ethics in trading.
I am looking to make a play in coffee. and I don't usually play with the contracts themselves as I do with companies who do. And there's a bunch of companies who deal in coffee...Of course Starbucks is one of those names. But I don't like Starbucks. Their CEO is a pig of a man who hates Christians and is generally hateful. Smart but hateful.
So guess what? Not going to play with Starbucks off of a winning idea with Coffee. Anybody but starbucks at this point. I don't do cannabis stocks today either. meh....limited dollars to buy stocks...and so I would prefer not to play such heathen companies.
Ethics in trading.
I am looking to make a play in coffee. and I don't usually play with the contracts themselves as I do with companies who do. And there's a bunch of companies who deal in coffee...Of course Starbucks is one of those names. But I don't like Starbucks. Their CEO is a pig of a man who hates Christians and is generally hateful. Smart but hateful.
So guess what? Not going to play with Starbucks off of a winning idea with Coffee. Anybody but starbucks at this point. I don't do cannabis stocks today either. meh....limited dollars to buy stocks...and so I would prefer not to play such heathen companies.
Now I don't mind investing in companies where I don't like the people...I've worked next to a bunch of people I don't like...and have them work for me. And as long as they do their job I'm fine. But when they go against and are actively hostile to what I hold dearest...you are done. I have nothing to do with you. I don't invest in terrorist activities or other things that destroy people. Which is why I don't invest in Starbucks. The CEO actively funds groups that are activists against Christianity as a whole. This is more than a Baptist vx Methodist fuss. This is antagonist against all denominations and faith in general.
FHII
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I hear ya! Starbucks isn't on my radar, but I wouldn't invest in them either. I feel the same way about Nike. I am a competitive athlete and would use several of their products in that Under Armour is the only company that comes close to their quality overall. The exception is running shoes (for long distance running) were companies like Brooks I find better. But there is just a long list of stupid things they have done that I dont approve of. I even threw away some $300 of gear I had from Nike that was top of the line stuff!
I am a conservative, but I am watching Biden... I don't agree with him, but clearly his agenda is going to have an impact. Maybe... But just because I dont agree with him doesn't mean I won't listen.
I dont use starbucks or Nike products (and they are good!), so I won't invest in them either.
Up 18.37% today, so it has been quite a good day for those Silver mining shares. I don't know how much higher it will go, since I am only using small amounts though, I want it to go a little bit higher, because of the commission fees and if all goes well, I might trade into some copper mining shares. I spotted a company that aren't at a bad price at the moment, but are in profit from their last quarterly cash flow report. I might not too. Copper mining seems like a good investment at the moment in Australia if you can pick it up at the right price.
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But I had to dump JVA shortly after I got it as I found out that it had a CBD beverage business it bought last year. And where many people don't have any conscience about that...I do. I was making money and set up to make lots more...but once I found out I immediately dumped it. Such a shame too. Oh well...
But I got more money in JO which is Bloomberg's ETN for coffee futures. I bought just after the dip in coffee stopped and began to rise and run...and running up is what it's doing... almost already covered all of the dip. And it's set to run even higher.
If I were one to used margin...this is the time to pull it out and put it to work. Because a 3% rise can become a 300% rise in your investment. (Minus very low interest rates) and Coffee is going to rise at least 15% more this month...if not 50-100% by Fall.
But...I don't...so I won't. And I'll be happy.
And if anyone wants to follow along trading I'll give you the warning...do your own research for your own knowledge and watch that end of month selloff. Be deep enough in with profits that it doesn't affect you.
But I got more money in JO which is Bloomberg's ETN for coffee futures. I bought just after the dip in coffee stopped and began to rise and run...and running up is what it's doing... almost already covered all of the dip. And it's set to run even higher.
If I were one to used margin...this is the time to pull it out and put it to work. Because a 3% rise can become a 300% rise in your investment. (Minus very low interest rates) and Coffee is going to rise at least 15% more this month...if not 50-100% by Fall.
But...I don't...so I won't. And I'll be happy.
And if anyone wants to follow along trading I'll give you the warning...do your own research for your own knowledge and watch that end of month selloff. Be deep enough in with profits that it doesn't affect you.
Yeah...
US Dollars are the currently that backs up Aussie dollars as reserve notes. As Biden's admin tries to devalue US dollars and strengthen foreign dollars. American goods get cheaper when exported. Foreign goods get more expensive in America.
Then there's the whole "Tech Fear" going on because of the tech bubble we had 20 years ago which caused a huge selloff today.
Then there's fear of what is happening in India with rampant Covid outbreaks everywhere. And they are the largest producer of vaccines...but supply chain interruptions there are curtailing production.
So pick your poison.. we got issues everywhere.
On top of this there's a shortage of Tech Hardware...but the tech fear is decapitalizing the industry. So it might get really really expensive soon. Just like food and clothes and coffee is.
US Dollars are the currently that backs up Aussie dollars as reserve notes. As Biden's admin tries to devalue US dollars and strengthen foreign dollars. American goods get cheaper when exported. Foreign goods get more expensive in America.
Then there's the whole "Tech Fear" going on because of the tech bubble we had 20 years ago which caused a huge selloff today.
Then there's fear of what is happening in India with rampant Covid outbreaks everywhere. And they are the largest producer of vaccines...but supply chain interruptions there are curtailing production.
So pick your poison.. we got issues everywhere.
On top of this there's a shortage of Tech Hardware...but the tech fear is decapitalizing the industry. So it might get really really expensive soon. Just like food and clothes and coffee is.
And food is going to get really expensive soon enough. Especially processed foods. This includes cuts of meat...
But if you don't mind and can butcher meats it does get cheaper.
A whole Chuck roast is like $3/lb or less...but ground beef is $4./lb. So if you have a meat grinder you can save $1/lb.
Shipping containers for foodstuffs are still in short supply. Just like steel is really expensive right now too. And there is no end in sight.
So...look for nothing to change really over the summer (US summer but Aussie winter) months. But come Fall and Winter things are going to get back on track as people are going to be forced back to the office one way or another. Some jobs will evaporate...they got replaced by a machine of some sort that doesn't have to have sick days or whine about raises after showing up late.
Biden will run out of money soon enough to keep buying 10 yr Bonds...and things will get more normal with the markets. They are totally out of balance because of the Government's manipulations and margin calls and fears. Sanity has left and been replaced by memes. Solid earnings generating companies are losing out to companies that have no earnings but great PR.
And where I can't make Wall Street do anything, I can ride the waves it makes.
But if you don't mind and can butcher meats it does get cheaper.
A whole Chuck roast is like $3/lb or less...but ground beef is $4./lb. So if you have a meat grinder you can save $1/lb.
Shipping containers for foodstuffs are still in short supply. Just like steel is really expensive right now too. And there is no end in sight.
So...look for nothing to change really over the summer (US summer but Aussie winter) months. But come Fall and Winter things are going to get back on track as people are going to be forced back to the office one way or another. Some jobs will evaporate...they got replaced by a machine of some sort that doesn't have to have sick days or whine about raises after showing up late.
Biden will run out of money soon enough to keep buying 10 yr Bonds...and things will get more normal with the markets. They are totally out of balance because of the Government's manipulations and margin calls and fears. Sanity has left and been replaced by memes. Solid earnings generating companies are losing out to companies that have no earnings but great PR.
And where I can't make Wall Street do anything, I can ride the waves it makes.
FHII
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I'd like to talk about cannabis. Nope... I don't smoke pot nor am I an advocate (up to a point). Not going to lie and say I never did, but its been literally decades.
There is a lot of talk about it in the world of the stock market and you can actually invest in companies.... Many of them are in Canada.
I will give you my take on it first, then the reasoning. Its not something worth investing in right now.
First off, let's tackle the morality issue... After all, this is a Christian forum. There is a lot of propoganda about all the wonderful things mary j can produce: paper, rope, skin care products, medicine, and so on. Great... But its being grown mainly to be smoked. Or am I wrong?
Oddly, while I am not advocating its recreational use, I don't always object to it. First off, I enjoy a good beer every now and then and wine as well. I would be a hypocrite to condemn marijuana use if I drink for the same reason.
Second, I have a very dear Christian friend with a very disabiliting disease. Its literally killing her and is very painful. I don't know if she smokes, but I suspect she does... And if it eases the pain then I consider it medicine. The Bible says to give strong drink to those that are perishing. I see it as the same thing in principle.
Should it be legal? I believe so. I am against govt telling us what we can and cannot do beyond what is reasonable.
Regardless, it is an illegal drug in most states. That makes it not a good investment. Eventually, I do believe it will fully be legal, but 15-20 years down the road. I am 51. If I can amass any kind of nest egg before I retire, I don't think cannabis will be profitable for me. Bottom line is that I don't believe it will be profitable until its fully legal. Even then, why buy from a store if you can grow it on your own?
MJ is an ETF for cannabis... Its pretty flat lined or declining. Its trading now at $20 and long ago it was at $33. Its not growing despite all the hype and despite that more and more states have partial legalization.
Like I said, I do enjoy a good beer. But beer isn't that good of an investment either. The have their spikes, but it really doesn't trend upward. I don't see cannabis doing anything different.
Even if it does increase (which eventually it will do), shall I pull my limited capital out of solid investments for it? I think not!
Thoughts and comments appreciated.
There is a lot of talk about it in the world of the stock market and you can actually invest in companies.... Many of them are in Canada.
I will give you my take on it first, then the reasoning. Its not something worth investing in right now.
First off, let's tackle the morality issue... After all, this is a Christian forum. There is a lot of propoganda about all the wonderful things mary j can produce: paper, rope, skin care products, medicine, and so on. Great... But its being grown mainly to be smoked. Or am I wrong?
Oddly, while I am not advocating its recreational use, I don't always object to it. First off, I enjoy a good beer every now and then and wine as well. I would be a hypocrite to condemn marijuana use if I drink for the same reason.
Second, I have a very dear Christian friend with a very disabiliting disease. Its literally killing her and is very painful. I don't know if she smokes, but I suspect she does... And if it eases the pain then I consider it medicine. The Bible says to give strong drink to those that are perishing. I see it as the same thing in principle.
Should it be legal? I believe so. I am against govt telling us what we can and cannot do beyond what is reasonable.
Regardless, it is an illegal drug in most states. That makes it not a good investment. Eventually, I do believe it will fully be legal, but 15-20 years down the road. I am 51. If I can amass any kind of nest egg before I retire, I don't think cannabis will be profitable for me. Bottom line is that I don't believe it will be profitable until its fully legal. Even then, why buy from a store if you can grow it on your own?
MJ is an ETF for cannabis... Its pretty flat lined or declining. Its trading now at $20 and long ago it was at $33. Its not growing despite all the hype and despite that more and more states have partial legalization.
Like I said, I do enjoy a good beer. But beer isn't that good of an investment either. The have their spikes, but it really doesn't trend upward. I don't see cannabis doing anything different.
Even if it does increase (which eventually it will do), shall I pull my limited capital out of solid investments for it? I think not!
Thoughts and comments appreciated.
Every Cannabis stock has been a pump and dump. Most people have lost thousands to millions on these stocks.
There is no money in growing marijuana... hasn't been for a long while. Especially in Canada where you have to use heat to keep the greenhouses warm.
Stay away from all of them...none of them make money. Follow the earnings. If you have made money on them consider yourself lucky. And get out ASAP.
Even Playboy is a pump and dump. Was shocked when it showed back up....thought it was done too...but someone pumped it up for dumping. They don't have earnings. Just some digital assets. Only valuable to a few people who have more dollars than sense.
I, as a matter of principle, avoid sin stocks.
Gambling, Alcohol, Tobacco, firearms and etc. Including cannabis stocks. I don't mind an Academy Sports (ASO) as they sell firearms...but I won't buy a firearm manufacturer.
Currently I'm focused on commodities. Manufactured commodities and Coffee.
OSB, coffee, housing, and energy. This is where the most rise is coming. And their prices have been skyrocketing. Coffee turned a corner today so I jumped into JO (an ETN) that tracks coffee futures.
It should continue to rise this next week as Columbia still has blockades and Brazil a drought. The other commodities I see the rest of the world making up for Brazil's drought. Except for Ethanol from sugar. Again lots of cheap sugar and cotton in India but it still can't get to market for a lack of shipping containers. So it doesn't exist.
Micron might be getting ready for a rise...dunno. it certainly is cheap by comparison to earnings. LPX is also just about ready to turn a corner too. CCS is almost finished... we'll see after next week.
ET and AR have been rocking it. Both have plenty of room to run.... especially ET.
XOM has potential and too much glamour in my opinion. So it's price will be too susceptible to news.
Might want to take profits today...It isn't looking good for the short term on it...and pick it back up here in a bit when Silver bottoms out.
Oh I was thinking about it, Silver did really well yesterday, and if it's doing well today over there in the US, it might do well again today.
I was weighing up though whether to get out of silver and take a little profit on my $100 or wait for another %10 increase.
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