Stocks - The Best Buys 2

[Krovikan]

I ended up 2% as well, odd day, started 5% down

[DoubleK]

I guess 700+ point swings on the Dow are the new normal.

The stock market is completely bonkers right now.

[Enoch Root]

Originally Posted by DoubleK

I guess 700+ point swings on the Dow are the new normal.

The stock market is completely bonkers right now.

that is only 2% - there have been 10% days

volatility has been high recently, for obvious reasons, but not unusually so

volatility ebbs and flows, just like everything else

[DoubleK]

Originally Posted by Enoch Root

that is only 2% - there have been 10% days



volatility has been high recently, for obvious reasons, but not unusually so



volatility ebbs and flows, just like everything else

There has been exactly three +10% and one -10% day since 1987.

[Enoch Root]

Originally Posted by DoubleK

There has been exactly three +10% and one -10% day since 1987.

Yes. But 2% is not unusual. Which was the point I was making.

[DoubleK]

So the 10% was a non sequitur?

I really don't see your point at all.

[Enoch Root]

you made a comment about 700 point swings being the new norm

I pointed out that 700 points is only 2%, which isn't uncommon - daily volatility can reach 10%

[dino7c]

Originally Posted by Suave

This is a couple of months late, as best time to buy was in the summer. Right now some stocks are at all time highs or past their 52 week highs.

posts like this never age well, no need for time machine talk in stocks

there are always good buys and money to be made

[DoubleK]

[Enoch Root]

Yes, market volatility, like many things, plays out in a (mostly) normal distribution (though with wide tails).

Your original argument seemed to be that volatility is higher now, but you are now presenting evidence that it isn't.

On that we agree.

[DoubleK]

You need your eyes checked.

On that we agree.

[Enoch Root]

Originally Posted by DoubleK

You need your eyes checked.

On that we agree.

Regarding what?

What point are you trying to make?

[RichieRich]

This aged well. For real.
https://financialsuccessmd.com/no-ch...s-not-falling/

[Enoch Root]

Originally Posted by RichieRich

This aged well. For real.
https://financialsuccessmd.com/no-ch...s-not-falling/

Interesting that the crash of 2000 came up. As a value investor, I did not sell in 2000. And yes, the NASDAQ got hammered, but over the next year, value outperformed growth by more than 100%. Our portfolios were up in 2000, 2001, and 2002, despite the crash.

Twenty years later, buying the market and staying invested, still works. The people that don't agree tend to come and go.

[Delthefunky]

I've been in Permex for a while (oil.cn), it's got a chance to move I think. Looks to be well set up for the next few years with attractive properties in Texas/New Mexico. Maybe needs more funding but they have a bunch of shut in wells they're bringing online and at these prices it's good cash flow.

[zamler]

Market loathes tech stocks right now. HUSA is up 400% never heard of it until today. Crazy.

[Delthefunky]

Make that 550%... Wtf?

[CaptainYooh]

This is a pump an dump thing. Look at its financials. There's nothing there.

[DoubleK]

Originally Posted by CaptainYooh

This is a pump an dump thing. Look at its financials. There's nothing there.

Yahoo says 2 full time employees.

[CaptainYooh]

Originally Posted by DoubleK

Yahoo says 2 full time employees.

Oh, my bad. All good then.