Boiler Room: The Official Stock Market Discussion
Bernie Madoff
Banned
Depends but thats standard.. but think about it like this
If you bought 1 stock of A @100
paid 6.95 in service fees
You need that stock to go up 7% before you even see a profit. And say it goes up 10%, you made 3 net dollars for risking $100.. Make more on lottery tickets.
Your best bet for growth is a small cap stock in the $3-6 range, and invest the whole $1000 man cause
Domingo Halliburton
Handmade in USA
Preciate it brehs...would ask my mom since she works in the financial world, but I don't want her in my business.
Nothing wrong with apple. Theyre the biggest company in the world for a reason. I'd buy Exxon on this oil come up if you want long term investments and don't want to look at it everyday
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Domingo Halliburton
Handmade in USA
I held a big stake in chevron for a couple years I think I'm getting back in to energy stocks. I'm comfortable with this being a bottom in oil. I've never seen companies that make money like energy companies do.
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Domingo Halliburton
Handmade in USA
Well Carl Icahn is big in Chesapeake if that means anything. I know Goldman loves FANG as well.
Ichan can be a blessing or curse to a small investor. I usually don't buy after an activist gets in but I'll keep it if they get in after me.
Domingo Halliburton
Handmade in USA
I dont know how hes been doing recently, I know hes taken some hits with the drop in oil, but he usually kills it.
88m3
Fast Money & Foreign Objects
how's the dividend on that?
Domingo Halliburton
Handmade in USA
Most of these tech companies dont even pay one but aapl is 1.9
If carl icahn has his way it'd be way higher or they'd buy back more stock.
what about shell? And by long term do you mean 5-10 year
Futuristic Eskimo
All Star
S&P to start its correction today, analyst warns
Bullish short-term traders might do well to take their foot off the gas Friday, with two technical analysts telling CNBC that major global benchmarks were set for a short correction over the next month.
Delving deep into the technicals, Yacine Kanoun, managing director at PivotHunters, a portfolio management firm based in the U.K., highlighted that Germany's blue chip index, the DAX (^GDAXI), has already dipped by 3 or 4 percent since last week.
He now expects further falls in the short term on both the DAX and the U.S. benchmark S&P 500 (^GSPC).
"Definitely the market is going to correct here," he told CNBC Friday. "I think the correction has started on the DAX, and the S&P 500 we are probably on the top today."
Read MoreStellar growth to buoy these European stocks: Citi
He said the expiry of options contracts - a type of financial instrument - on Friday would herald the start of a correction in the U.S., which which would follow the German bourse lower over the next month and lose 10 percent from its current peak.
Related Quotes
This would be most welcome
Good start so far today. Making some progress on my puts, BX up
@Brady Hoke's Artery
Bullish short-term traders might do well to take their foot off the gas Friday, with two technical analysts telling CNBC that major global benchmarks were set for a short correction over the next month.
Delving deep into the technicals, Yacine Kanoun, managing director at PivotHunters, a portfolio management firm based in the U.K., highlighted that Germany's blue chip index, the DAX (^GDAXI), has already dipped by 3 or 4 percent since last week.
He now expects further falls in the short term on both the DAX and the U.S. benchmark S&P 500 (^GSPC).
"Definitely the market is going to correct here," he told CNBC Friday. "I think the correction has started on the DAX, and the S&P 500 we are probably on the top today."
Read MoreStellar growth to buoy these European stocks: Citi
He said the expiry of options contracts - a type of financial instrument - on Friday would herald the start of a correction in the U.S., which which would follow the German bourse lower over the next month and lose 10 percent from its current peak.
Related Quotes
- http://finance.yahoo.com/q?s=^GSPC
Meanwhile, Steve Miley, technical strategist at TheMarketChartist.com, also told CNBC Friday that the DAX would "likely correct further and go slightly lower into next week."
He offered a bottom for the DAX of around 11,650 points, to occur sometime next week. This would mean a 6 percent drop from its peak of 12,374 points on April 10.
The index is currently at 11,998 points and has seen stellar gains of 22 percent this year on the back of quantitative easing by the European Central Bank. The S&P 500 is currently at 2,104 points and has edged 2.2 percent higher so far this year.
PivotHunters' Kanoun spoke of a "convergence" between major global benchmarks this year, especially the S&P 500 and the DAX.
"Now they are in sync, from here I think they are going to move in parallel, " he said. Miley expects the opposite for the S&P 500 and told CNBC that a "bullish leadership" could start to shift back to the U.S. and predicts new record highs into next week.
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Major global benchmarks are set for a short correction over the next month, technical analysts told …
Miley expects the opposite for the S&P 500 and told CNBC that a "bullish leadership" could start to shift back to the U.S. and predicts new record highs into next week.
Kanoun might be cautious in the short-term, but he also believes the correction will be followed by hefty gains. The S&P 500 will finish the year near 2,200 points, he said, and the DAX could even hit 13,500 points.
Read MoreUS market is 'broadly insane' so party on: Strategist
Miley was even more bullish in the longer-term, arguing that the German index could hit that level before the end of the second quarter.
Giles Keating, global head of research of private banking and wealth management at Credit Suisse, conceded that there could certainly be "some volatility" ahead in global stock markets.
"It's perfectly normal in a year when the (U.S. Federal Reserve) raises interest rates for the first time in the cycle to see quite a significant pullback," he told CNBC Friday. "So at some time in the coming months we're probably set for that, but we think the trend is still gently upwards in global equities."
Keating currently has a "neutral" rating on stocks and is not adding to his portfolio
This would be most welcome
Good start so far today. Making some progress on my puts, BX up@Brady Hoke's Artery
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Domingo Halliburton
Handmade in USA
what about shell? And by long term do you mean 5-10 year
I'd have to look at them more. But I expect just about every name in the industry to rebound if oil keeps going up. And yes I think XOM is a good hold for years.
88m3
Fast Money & Foreign Objects
whats a better buy xom or appl? longterm hold