Boiler Room: The Official Stock Market Discussion

Jblaze204

All Star
Joined
Jul 2, 2018
Messages
3,343
Reputation
422
Daps
9,485
Reppin
Uptown NY
Quick question on the S&P 500's. I got FXAIX on the Roth IRA but im wondering if that was the right pick. I've been noticing for the past month or so the fund getting beat by others like VOO & SPY. When there's a day in the red, the Fidelity joint is deeper in the red and when there's a day in the green it's getting beat by the other funds :heh:



Should i make a change or just ride FXAIX out?
 

Rickdogg44

RIP Charmander RIP Kobe
Joined
May 1, 2012
Messages
8,660
Reputation
740
Daps
13,327
Reppin
Atlanta
Direxion is set to launch two new leveraged exchange traded funds today. The two ETFs are the Direxion Daily Travel & Vacation Bull 2X Shares (NYSEARCA:OOTO) and the Direxion Daily 5G Communications Bull 2X Shares (NYSEARCA:TENG).

OOTO tracks the BlueStar Travel and Vacation Index, which offers investors exposure to global commercial airlines, hotels, resort casinos, travel agencies, online travel booking sites, hotel REITs, cruise lines, theme parks and ski resorts.

TENG tracks the BlueStar 5G Communications Index, which offers market participants exposure to companies whose products and services are economically tied to the market's adoption of 5G networking and communication technologies.

OOTO has an overall sector weighting that favors the consumer discretionary space as the sector represents 54.30% of the ETF. Additionally, the fund comes with an expense ratio of 1.07%, and its top three holdings are Walt Disney, Booking Holdings Inc, and Marriott International. See complete fact sheet for OOTO.

TENG has an overall sector weighting that favors the information technology space, representing 74.68% of the ETF. Furthermore, the fund comes with an expense ratio of 1.07%, and its top three holdings are NXP Semiconductors NV, Analog Devices, and Telefonaktiebolaget LM Ericsson. See complete fact sheet for TENG.

Direxion brings two new leveraged ETFs to market | Seeking Alpha
 

El_Mero_Mero

All Star
Joined
May 13, 2012
Messages
5,679
Reputation
-1,107
Daps
7,210
Reppin
NULL
Posted on Wallstreet Bets 2 days ago (that means read it at your own risk and take it with a grain of salt).

The thread starter was saying that $WWE could possibly be the next MEME stock. The share price jumped up 5 to 6 dollars on the same day as that post, but then went back down. There's no saying that it can't test it again. What y'all think?

 

who_better_than_me

Time to go!!
Joined
May 3, 2012
Messages
26,477
Reputation
1,142
Daps
40,044
Reppin
NULL
Posted on Wallstreet Bets 2 days ago (that means read it at your own risk and take it with a grain of salt).

The thread starter was saying that $WWE could possibly be the next MEME stock. The share price jumped up 5 to 6 dollars on the same day as that post, but then went back down. There's no saying that it can't test it again. What y'all think?


I got in the Jan 22 Call when it went back down. I average down around QW if the opportunity presents it self
 

winb83

52 Years Young
Supporter
Joined
May 28, 2012
Messages
45,962
Reputation
3,882
Daps
69,556
Reppin
Michigan
DAMN! jeremy getting investigated by the SEC??


These YouTube influencers probably should be investigated. That's not to say he did anything wrong but we have people giving financial advice with the disclaimer that it's not financial advice. Given the audience they have these "stock picks" very much are financial advice to their followers.
 
Joined
May 1, 2012
Messages
183,770
Reputation
23,651
Daps
597,660
Reppin
49ers..Braves..Celtics
These YouTube influencers probably should be investigated. That's not to say he did anything wrong but we have people giving financial advice with the disclaimer that it's not financial advice. Given the audience they have these "stock picks" very much are financial advice to their followers.


"entertainment purposes" :hubie:
 

ahomeplateslugger

Superstar
Joined
May 1, 2012
Messages
7,989
Reputation
871
Daps
16,634
These YouTube influencers probably should be investigated. That's not to say he did anything wrong but we have people giving financial advice with the disclaimer that it's not financial advice. Given the audience they have these "stock picks" very much are financial advice to their followers.

not sure how they have a case against them when jeremy specifically says he's not a financial advisor and doesn't say to buy or sell. he simply give his opinion on stocks.

now i see why a lot of his videos lately have thumbnails saying i'm not a financial advisor and don't ask him what to do with your money. jeremy gave me a few multi baggers so hopefully he makes it through this and his company doesn't get hurt.
 

MeachTheMonster

YourFriendlyHoodMonster
Joined
May 24, 2012
Messages
69,609
Reputation
3,794
Daps
109,631
Reppin
Tha Land
These YouTube influencers probably should be investigated. That's not to say he did anything wrong but we have people giving financial advice with the disclaimer that it's not financial advice. Given the audience they have these "stock picks" very much are financial advice to their followers.
What’s the difference from all the news and articles talking about the stocks to pick or not? Should they be investigated?

People have a tendency to want to go after the little guy. Youtubers are doing nothing wrong.
 

winb83

52 Years Young
Supporter
Joined
May 28, 2012
Messages
45,962
Reputation
3,882
Daps
69,556
Reppin
Michigan
What’s the difference from all the news and articles talking about the stocks to pick or not? Should they be investigated?

People have a tendency to want to go after the little guy. Youtubers are doing nothing wrong.
I'm not saying he did anything wrong but I see a lot of YouTubers making videos telling their audience this stock will 10x and selling access to their stock picks all the while saying stuff like this isn't financial advice. If they aren't selling financial advice what are they selling?

If I'm telling an audience to pay me money for stock picks that well turn into multi-baggers that aren't financial advice that's contradictory.

I've never seen Jeremy pump and dump. The picks he usually makes he holds and most of them are free. He does have a stock group that teaches people the mechanics of investing but I don't see him selling picks.
 
Top