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Thread: rangerray's Account Talk

  1. #145

    Join Date
    Aug 2011
    Location
    Mississippi
    Posts
    344

    Default Re: rangerray's Account Talk

    I don't 100% stand by this move because there's a potential of truly regretting "buying high," but the overall feel right now is that the market is bullish. I was concerned with the recent news that stimulus talks were off the table, but I'm realizing this could be "the art of the deal" being played out, so I'm not so worried about that. So, what I'm betting on is a little post-debate bounce tomorrow, as I think that what comes out of tonight's vice-presidential debate could have a positive influence on the market.

    I'll be 70% S, 30% G as of COB today.

    As a side note, I think it's disheartening to know that every little issue/tweet/breaking news headline can move our markets around like they do, but that's the environment we're in right now.
    Scott Harrison
    Senatobia, MS

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  3. #146

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    10,525

    Default Re: rangerray's Account Talk

    Congrats on #300. Only 700 more for a thousand.
    May the force be with us.

  4.  
  5. #147

    Join Date
    Aug 2011
    Location
    Mississippi
    Posts
    344

    Default Re: rangerray's Account Talk

    Feeling good today for no particular reason. Adding maximum exposure and hoping for the rest of October to be strong. With another strong leg up, I may move back to safer levels, but for right now, going 70% S and 30% C.
    Scott Harrison
    Senatobia, MS

  6.  
  7. #148

    Join Date
    Mar 2012
    Location
    Hampton Roads, VA
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    3,073

    Default Re: rangerray's Account Talk

    I'm feeling good, but I think that's only because of my vitamin regimen, and staying better hydrated.
    100% G COB 30 Oct; was 50% C 50% S COB 22 Oct; was 100% G COB 5 Oct; was 100% S COB 10 Aug

  8.  
  9. #149

    Join Date
    Aug 2011
    Location
    Mississippi
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    Default Re: rangerray's Account Talk

    Lance Roberts of Real Investment Advice says this:

    "With the potential for a delayed or contested election, weaker economic data, no stimulus, and already elevated asset prices and valuations, the risk of a correction has certainly risen."

    "All that is needed is an unexpected, exogenous event, which sends traders scrambling for the exits."

    I'm not holding my breath, but I'm standing with 30% C and 70% S here on Monday morning holding out that there might be some stimulus on the way BEFORE the election. I realize that both parties would try and take credit for it, but as it stands, either can take credit for the lack of stimulus. I think that either party would stand a better chance of getting traction with what the market sees as positive news, rather than negative, so I'm betting on stimulus.

    As before, in the absence of stimulus, I'll still be looking for the next little bump up as a good place to reduce some exposure and likely sit out through the election period.
    Scott Harrison
    Senatobia, MS

  10.  
  11. #150

    Join Date
    Aug 2011
    Location
    Mississippi
    Posts
    344

    Default Re: rangerray's Account Talk

    Also, if that Burisma debacle grows a pair of wings amongst the media outlets that thus far want to write it off as a simple campaign smear and takes flight, could it be the unexpected, exogenous event?
    Scott Harrison
    Senatobia, MS

  12.  
  13. #151

    Join Date
    Aug 2011
    Location
    Mississippi
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    344

    Default Re: rangerray's Account Talk

    I figure that folks are buying in here at the last minute today in order to be positioned well in case the stimulus comes about over the weekend.
    Scott Harrison
    Senatobia, MS

  14.  
  15. #152

    Join Date
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    Mississippi
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    Default Re: rangerray's Account Talk

    Scott Harrison
    Senatobia, MS

  16.  
  17. #153

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    63,612

    Default Re: rangerray's Account Talk

    That's what I call Talent! Loved her.
    11/27/2020
    LS CRUDE Oil
    =$45.53 a Barrel, Daily Status -$.18


  18.  
  19. #154

    Join Date
    Aug 2011
    Location
    Mississippi
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    344

    Default Re: rangerray's Account Talk

    I thought a couple of days ago, even yesterday, that the presidential race is energizing the market, but it occurs to me this morning that the senate race might be the source. Anyone have any thoughts? With senate republicans holding on to power, do you think that has allowed for what the market might see as stability? Because, IMHO, the presidential result is much less consequential now for the U.S.

    Anyway, if I could determine that's the case, I'd likely stay invested a few more days. Otherwise, it might be a good day to play it a little more safe.
    Scott Harrison
    Senatobia, MS

  20.  
  21. #155

    Join Date
    Feb 2013
    Location
    Maryland
    Posts
    3,062

    Default Re: rangerray's Account Talk

    I have heard that the market likes gridlock. If we end up with the House in Dem control and the Senate in Repub control, I don't think it matters who is President. We will have stability and the market will like that...
    I pride myself on the fact that I will never have a cheesy "uplifting" quote in my signature block...Ever!

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  23. #156

    Default Re: rangerray's Account Talk

    Quote Originally Posted by ravensfan View Post
    I have heard that the market likes gridlock. If we end up with the House in Dem control and the Senate in Repub control, I don't think it matters who is President. We will have stability and the market will like that...

    “They” will never allow that this “election”....dems will clean sweep it and its lookin more and more like that with all of these last minute show-ups/counts.

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