REMINDER: THE ARENA PLATFORM, INC. has no obligation to monitor the Forums. However, THE ARENA PLATFORM, INC. reserves the right to review any materials submitted to or posted on the Forums, and remove, delete, redact or otherwise modify such materials, in its sole discretion and for any reason whatsoever, at any time and from time to time, without notice or further obligation to you. THE ARENA PLATFORM, INC. has no obligation to display or post any materials provided by you. THE ARENA PLATFORM, INC. reserves the right to disclose, at any time and from time to time, any information or materials that we deem necessary or appropriate to satisfy any applicable law, regulation, contract obligation, legal or dispute process or government request. Click on the following hyperlinks to further read the applicable Privacy Policy and Terms of Use.
How’s the stock market?
- Thread starter lagunaboy
- Start date
Why GE? A dinosaur. They are basically a company tied to the airline industry but probably long term just a holding company for their long term pension fund.
Not a part of GE anymore. GE spun it off to a joint venture with Hitachi. It no longer contributes to GE financials. Jeff Immelt took GE from a world leader in industrial and commercial finance, energy, aerospace, medical, oil and gas and destroyed it by getting in bed with the Obama administration gutting these businesses to curry favor and get invited to parties. Huge strategic error. Once he found out green energy was a financial dead end he went on a buying spree and starting buying up competitors to show Wall Street he was doing something.....but Wall Street was already aware of who Cocktail Party Jeff was at this point. Then they started gutting the company for cash or to cut losses. For instance they owned the automation market before they were even in automation. It used to be when a guy walked into a meeting with the meatball on his card the guys from Siemens, Johnson Controls, Honeywell etc wouldn't even bother, they were done. Now, GE is swinging a missing with the best of them....hoping something comes their way.
1 At $7 a share, I like to think of these as long term options that don't expire
2 Healthcare side of things
3 Beaten up stock/contrary/cyclical angle/turn around story
4 Aviation should come back
6 Renewable energy side of things
And of course, a day after the buy, down she goes.
Right now that way of investing is dead...unless you are retiring and you don't need growth anymore Even then GE is going to be too volatile...never good or bad enough to make it a good buy. If you are looking for just a safe place to stash your money with limited but safe growth mutual funds are the place to go. If you still plan on working for a decade or more you have to get in tech and put your "safe" money in traditional domestic manufacturing.1 At $7 a share, I like to think of these as long term options that don't expire
2 Healthcare side of things
3 Beaten up stock/contrary/cyclical angle/turn around story
4 Aviation should come back
6 Renewable energy side of things
And of course, a day after the buy, down she goes.
Also.....Marathon Oil and Chevron. Both are well run, conservative companies that are a good safe bet for future returns for the next 10 years at least. Oil is down....way down. Next year I suspect you'll get 20% on your money. Plus Chevron still feels the sting of losing out on Anadarko and may look to gobble up another mid major....which Marathon fits to a T.
Crypto has cooled off a lot, except BTC which is holding steady above 10. the ALT coin prices are starting to look juicy.
UNI went over 100% today. And you could have received 400 UNI for free, simply by signing up on https://uniswap.org/ and claiming your free UNI coins before Sept 1. And many created 100's of addresses and received a ton. Insta lottery basically. Transfer those coins to your exchange of choice for trading, sell today and insta money, with no risk. Pretty amazing.
UNI went over 100% today. And you could have received 400 UNI for free, simply by signing up on https://uniswap.org/ and claiming your free UNI coins before Sept 1. And many created 100's of addresses and received a ton. Insta lottery basically. Transfer those coins to your exchange of choice for trading, sell today and insta money, with no risk. Pretty amazing.
Last edited:
No matter who takes office...the Fed is going to borrow and borrow big. The pieces are going to move on the board but one thing will remain. Buy tech. The pieces that move....investing in domestic manufacturers is a stupid move if its going to be a Biden admin...but you can probably do well with precious metals and foreign currency.
Brazilian Real has been looking tempting at 5.44 which is almost double what it was when I traveled there, although I'm sure there is a reason for that. Colombian Peso looks good too.
I agree with you about the Fed, but we saw just the Fed and no major cash spigot in Obama's 2nd term, and while the gains were mostly good, they weren't the same as with Ryan and McConnell shoveling deficit spending on it by the Trillions.
Too early. I want to see blood in the streets and panic on social.
FYI, learn to the use the EDIT button to add multiple replies to same post. Pretty easy. Just hit REPLY on all the posts you want to reply before you type a single reply. See here -> https://forum.surfer.com/index.php?threads/stop-posting-consecutive-posts.226851/
separate reply in same post. oooh amazing.
not that hard
even a kid could figure this out
wow, amazing. how could it be so easy to reply to multiple posts in a single comment?! I never knew!
Last edited: