A good share of what I've earned in my 74 years has been gotten by selling rallies and buying dips. Todays 1500 point break in the DOW is tempting, but for some reason I'm not buying yet.
If Cramer says he is waiting, then buy now.Cramer said today that he is waiting until p/e ratio drops from 20xearnings to 16...s&p under 5k. He is always a bull.
I think now is a good time to start slowly adding shares of Apple, Nvidia, Meta, Amazon, and any other major US company who is down right now. Companies you know are going to rebound.A good share of what I've earned in my 74 years has been gotten by selling rallies and buying dips. Todays 1500 point break in the DOW is tempting, but for some reason I'm not buying yet.
If this sticks, Apple is F-ed for a while. It’s not like they can just up and move production. You add 30+% to an iPhone and people will keep their phones longer.I think now is a good time to start slowly adding shares of Apple, Nvidia, Meta, Amazon, and any other major US company who is down right now. Companies you know are going to rebound.
I don't think I would go all in though. We're day +1 of Liberation Day and the market is going to be volatile for a while I think.
You're right, but Apple is a lot more than just the iPhone.If this sticks, Apple is F-ed for a while. It’s not like they can just up and move production. You add 30+% to an iPhone and people will keep their phones longer.
Yeah, but they’re going to take a double hit when Europe and Asia responds with tariffs on services.You're right, but Apple is a lot more than just the iPhone.
Maybe they shouldn't have 7 year old forced labor children build them in far east sweat shops.If this sticks, Apple is F-ed for a while. It’s not like they can just up and move production. You add 30+% to an iPhone and people will keep their phones longer.
Not yet. All indexes are still up last year. Especially the Dow. Still up 1500 over last year. I think we will shed all of last years gains and then some before bottom. Just my two cents as a mutual fund investor who does not pick stocks.
I’m not sure about that.If this sticks, Apple is F-ed for a while. It’s not like they can just up and move production. You add 30+% to an iPhone and people will keep their phones longer.
Expand on your thinking here, please.If you are selling with the S&P at 5400 you are either under 30 years old or should not be handling your own finances.
This is good advice.Cramer said today that he is waiting until p/e ratio drops from 20xearnings to 16...s&p under 5k. He is always a bull.
How bad to you think content providers will be hit? Netflix, Max, etc.Yeah, but they’re going to take a double hit when Europe and Asia responds with tariffs on services.
Nope. I kinda like my large cash position today.A good share of what I've earned in my 74 years has been gotten by selling rallies and buying dips. Todays 1500 point break in the DOW is tempting, but for some reason I'm not buying yet.
Correct. The time to sell has passed. Now we wait.If you are selling with the S&P at 5400 you are either under 30 years old or should not be handling your own finances.
^^^^^^^^^^^^^A savvy investor can get very wealthy during this period of time. The market was ripe for a downturn and this is it.
I think you could still sell. Won't feel as good now as it could have, but you'll still be pleased somewhere down the road.Correct. The time to sell has passed. Now we wait.
Felt from the first announcements back in March low to mid 30’s was the area will head eventually. But my opinion and 6 dollar well soon to be 9 dollars gets you a Starbucks.Not that the Dow is as good of a barometer as other indices, but just as a reference point because most people know where it trades, I wouldn't even consider buying back in until it rattles around 30,000.
Time will tell I guess. I always hate selling during a large downdraft like this..I think you could still sell. Won't feel as good now as it could have, but you'll still be pleased somewhere down the road.
The financial guy I talked to said the "experts" at their company said NASDAQ would drop $3k more from what it was at open this morning before bottoming out. FWIW...A good share of what I've earned in my 74 years has been gotten by selling rallies and buying dips. Todays 1500 point break in the DOW is tempting, but for some reason I'm not buying yet.
in my experience doing what cramer says is a very efficient way to become a future millionaire if you are a billionaireCramer said today that he is waiting until p/e ratio drops from 20xearnings to 16...s&p under 5k. He is always a bull.
new intra-day low?If we see a new low late in the day we are looking pretty grim going forward.
Correct. The time to sell has passed. Now we wait.
Until I see some movement between the major trading partners of the US . You know actually good faith negotiations. Which you know the best way to do is by knocking over the table. Really have no clue or guess estimate.If we see a new low late in the day we are looking pretty grim going forward.
I'l just get my 13 Pro battery replaced and end up with basically the same phone (for my purposes) as the 17.If this sticks, Apple is F-ed for a while. It’s not like they can just up and move production. You add 30+% to an iPhone and people will keep their phones longer.