Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I consider them Value-Stocks. Hence, I am willing to hold them for longer, if necessary.
With my remaining capital I day-trade or swing-trade mainly ETFs based on the NQ100.
In the past I held ETFs based on the NQ100 for a longer period, too.
Nevertheless, I see signs that it could get a bumpy ride.
I do not want to be trapped all in, in case the markets correct 20-30 % once again at some point in time.
Can you help answer these questions from other members on NexusFi?
It is not possible to forecast which level Gold reaches in the next 12 month or the S&P 500 or any other stock or market. All the institutions do it...but that's just for fun.
It is different with inflation-rates. It is proved that forecasting or estimating inflation is much easier. And it is also proved that (almost) no one is better at it as the FED.
The FED has 400 people and some to dig through the data. And one of few aims of the FED is to understand inflation.
The FED is setting interest rates and pumping money into and out of markets. Therefore, listening to the FED and following its actions very closely makes a lot of sense.
This is not only important for long-term positioning but also for day-trading. For example the days before an FOMC announcement and/or on that day and/or the days after there is usually a lot of volatility and extended moves. Personnally I do best under such and similar circumstances.
"Last week, when the S&P 500 closed at a 52-week high, 334 companies trading on the New York Stock Exchange hit a 52-week low, more than double the amount that marked new one-year highs. That’s happened only three other times in history -- all of them in December 1999, according to Ramsey, who is chief investment officer for Leuthold Group. "
...If, at all, I was logged in here in the last 2 years then only for minutes....
...I registered 2011 and when I first started to be interest in markets that was even another 10 years earlier...
...How people approach markets and "trading"... it is (almost) always the same way...
...what young traders do right now, thousands of others (including me) tried to do before...
...analysing candle stick pattern, crossing of moving-averages, what did the market do yesterday, decision-making based on "intuition", you name it...
Damn - even PHDs and institutions with access to PCs 40-50 years ago did all that kind of stuff "everybody" is doing till today because it looked/looks as the easiest way...
Perhaps decades ago you could squeeze out something from the markets that way , but if everybody has easy, low cost access to Charting-software and backtesting tools?...
The famous technology fund is now down 22% in 2021, heading for its worst annual performance since its inception in 2014. That comes in stark contrast to last year’s rally of almost 150%. (Source: Bloomberg)
... I am not sure why such things happen, but statistics show that funds which outperformed for 1-2 years in a row, have a very high probability to underperform significantly in the second and/or third year.
My assumptions:
people get to attached to a stock/trade if it is a suprisingly big win and therefore still keep it even if things change.
"Hot money" moves on if a good trade/idea seems to be obvious to everyone...
Mexico plans to halt crude oil exports in 2023 as part of President Andres Manuel Lopez Obrador’s nationalist goal of self-sufficiency in fuel production.
Petroleos Mexicanos, the Mexican state-owned producer known as Pemex, will reduce daily crude exports next year by more than half to 435,000 barrels before phasing out sales to foreign customers the following year, Chief Executive Officer Octavio Romero said during a press conference in Mexico City on Tuesday.
The ambitious -- and some say improbable -- endeavor is part of Lopez Obrador’s drive to expand homegrown production of gasoline and diesel that Mexico now mostly buys from U.S. refiners. Like many major oil-producing nations, Mexico lacks the processing capacity to convert its oil bounty into fuels and other end-products.
If fulfilled, Pemex’s pledge will mark the exit from international oil markets of one of its most prominent players of the past decades. At its peak in 2004, Pemex exported almost 1.9 million barrels a day to refineries from Japan to India, and participated in OPEC meetings as an observer. Mexican crude also had a major influence on the U.S. oil refining heartland along the Gulf Coast where plants were configured to handle heavy, sulfur-rich oil.
