Stock Picks - Darlings and Dogs

How successful have you been in trading your own equities, etfs and funds ?

  • Extremely successful (make a living off my takings)

    Votes: 8 2.7%

  • Beating passive investment returns

    Votes: 133 44.2%

  • About par with normal returns from banks and money markets

    Votes: 52 17.3%

  • Lost a few pennies of spare cash to play with

    Votes: 34 11.3%

  • Should have rather left my money in the bank

    Votes: 27 9.0%

  • Took a knock

    Votes: 23 7.6%

  • Cremated

    Votes: 24 8.0%
  • Total voters
    301
S

saturnz

Honorary Master
Joined
May 3, 2005
Messages
19,666
well this morning has been lots of fun, I suppose I have Yellen's antics on Friday to thank for that

so all eyes are on the FED now that the issue of inflation has been settled, any signs of a more hawkish tone will probably see markets spiraling down fast
 
L

L-Dog

Expert Member
Joined
Oct 25, 2017
Messages
3,342
Telkom down today, might be a good pick for the future as there mobile side has done very well over the past year
 
Shi

Shi

Expert Member
Joined
Apr 8, 2008
Messages
2,943
The_Right_Honourable_Brit said:
Anyone think Arcelor-Mittal will continue its upward trajectory? I'm so pissed off I missed out on the earlier action!
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If that trading update is anything to go on, then a definite YES. If they keep that sort of figures for the FY then you looking at a PE of less than 1.5 at current price. The results are out on Thursday, so it would be interesting to see what they say and how the market reacts.
 
S

saturnz

Honorary Master
Joined
May 3, 2005
Messages
19,666
okay so the FED interest rate decision is Wednesday evening

obviously they will not increase rates, so this should be good for commodities across the board

inflation fears may increase though as a result of the FED doing nothing, and this may make the equity market nervous
 
BBSA

BBSA

Honorary Master
Joined
Jul 11, 2005
Messages
21,901
L-Dog said:
Yeah flip Naspers taking a pounding. Think China banned online tutoring and Naspers is heavily invested in online learning
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Maybe time to apply the 3 day rule?

In short, the 3-day rule dictates that following a substantial drop in a stock’s share price — typically high single digits or more in terms of percent change — traders should wait 3 days to buy.
 
L

L-Dog

Expert Member
Joined
Oct 25, 2017
Messages
3,342
Agreed it is the lowest Naspers / Prosus has been in a year. If you are looking really short term not sure if its a good buy but medium to long term now is a great entry point
 
S

saturnz

Honorary Master
Joined
May 3, 2005
Messages
19,666
well commodities climbed a little as expected but I did not think equities would stall with the FED announcement

jobless claims may drag things lower if higher than expected
 
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