bought hyfm at 1.5193. Not really meant as a daytrade, but I wanted the buying power.
I can be Huge too
Collapse
X
-
The residential construction stocks are all on the screen. The best looks like GRBK. On an additional note, I was driving around with my brother, and there are an infinite number of housing communities and neighborhoods being put up in semi obscure areas (florida). This makes sense, as I've also heard of people with hundreds of thousands of dollars, and no real clear origin of their money. There is some kind of finance scheme going on, and it looks like the money is partially going to the housing stocks. I'm all in with russell 2000 futures, or I'd be all in with construction. Maybe 2023 will be a good year, as there is alot of money out there.
Comment
-
-
I sold Hyfm yesterday at 1.27 only to find my system came with a buy signal. I think it's a stock picker's market. Here is my screen for the week:
There was nothing. The stocks were risky or had unstable earnings. Maybe ESQ looks good.
Here is the short screen for the week:
HYFM BBBY MTCH COINLast edited by antioch6; 01-08-2023, 09:55 AM.
Comment
-
-
I bought Hyfm on my timing service's buy signal and the momentum in stocks like CSIQ, JFIN and STLD. There were some strong movements today, so I decided to run my screen; here are the results:
CMC
This is a good steel stock. The earnings are growing, the p/e is low, and the price is strong. I don't like the market here, or I would buy CMC tomorrow. I always say the same thing, and this isn't supposed to be a market timing strategy. I've had bad experience buying breakouts and momentum. Things have been good the past 8 months. I'll probably just daytrade it. I'm all in with russell 2000 futures. The sentiment is super bearish, the momentum is positive, and it looks like the fed is done raising rates, so maybe most of the selling is over. There is no doubt the current lows are fair value. Even if we enter a recession, maybe some companies will keep making money.
Comment
-
-
wow, I entered my information wrong in the screen. Meant to buy CMC instead I bought STLD. I sold STLD at 109.62, for a gain of 1.01% in 4 hours and 24 minutes. Oops. I ran the screen again:
CMC SONY BMO
cmc is a top metals pick, sony makes video games and cars, and bmo is a canadian bank. I am thinking to buy 50% SONY, 30% CMC, and 10% BMO.
Comment
-
-
So this market news is killing me. Can markets go higher with all the talk about recession and no real earnings? Can we really go higher on people's gambling? I don't really see anything on my screen except Oil and Argentinian stocks. Oil is risky and I don't know anything about argentina. I was buying gold earlier today, but sold it once it went up. I feel lost. How can we go up without a Fed stimulus? This has got to be a bear market rally; so i'll time it with my market service.I'm buying, but as soon as the momentum goes negative, I'll sell.Last edited by antioch6; 01-15-2023, 10:10 AM.
Comment
-
-
Originally posted by antioch6 View PostSo this market news is killing me. How can the market go up with all this talk about recession and no real earnings? Can we really go higher on people's gambling? I don't really see anything on my screen except Oil and Argentinian stocks. Oil is risky and I don't know anything about argentina. I was buying gold earlier today but sold it once it went up. I feel lost. How can we go up without a Fed stimulus? This has got to be a bear market rally, and I'll time it with my market service. So for now I'm buying, but as soon as the momentum goes negative, I'll sell.
Comment
-
-
Here is my screen for the week:
MHO TMHC MTH WIRE BLDR GRBK STLD PHM CMC GMS RS UFPI CVCO IBP DE FIX
All of a sudden, the market is surprisingly strong. There are plenty of names on my list; I'm ready to call the bear market over and a new bull market beginning. Deep down I feel like this is a scam from the federal government, particularly because the screen is full of housing stocks, and there is no clear source for the money to pay for houses besides the government. So I've decided to give it a try, and buy-hold again. The first time I tried this in 2021, I got stopped out for a 15% loss on my 200% position (margin.) Last year I made 200% short term trading the screen up and down; also some futures trading. So, this year I don't know what to expect. Hopefully if I mix in some different strategies, most of them will be profitable. I usually buy three stocks at a time. This works, but I never make it more than a few percent invested. Buying evrything at once doesnt work either. I calculated $10,000 is a reasonable number to invest in one company. So i'll pick BLDR GRBK STLD PHM CMC GMS and RS. I'll buy them at the open.Last edited by antioch6; 01-15-2023, 09:02 AM.
Comment
-
-
Originally posted by antioch6 View Post@jiesen wow. maybe speculative money is coming into the market.
Also, this:
because images seem to be too big no matter what...
Comment
-
Comment