Stocks to Trade

TWTR is in a free fall again, apparently because people on the inside given options have their first chance to sell today.  Buying opportunity, falling knife or "Keep this shit off tSwill"?

Long @ $34.42.

I'd be interested to see a discussion on this, I don't know dick about stock trading but I'm trying to learn

Good topic - was thinking about starting one myself.

TWTR getting crushed today but looks like there is some resistance at 34 at the moment - has bounced back a bit from that low a few times today. Analysts hate it, though. It's ratings are about as bad as Sears.

Zapp Brannigan wrote:Good topic - was thinking about starting one myself.

TWTR getting crushed today but looks like there is some resistance at 34 at the moment - has bounced back a bit from that low a few times today.  Analysts hate it, though.  It's ratings are about as bad as Sears.

I'm looking at it as a short term trade... if this is "all" the lock up period selling" that was bound to happen can take it down... well, I;m not that impressed.  FB went up 100% after the lockup period expiration.  SHLD  

...and there goes $34....  

I have only DIS, HPQ, FOXA and JCP. Everything else is mutual funds, real estate and mattresses.

Man, Yelp has been taking a big shit lately too.

Ass Dan wrote:I'd be interested to see a discussion on this, I don't know dick about stock trading but I'm trying to learn

Tip Number One: Never take stock tips from poor people.

That was fast and merciless. out at $33.22.

twostaratbest wrote:Long @ $34.42.

twostaratbest wrote:That was fast and merciless.  out at $33.22.

That was fast   

Zapp Brannigan wrote:



That was fast    

Go long on waitresses near Twitter HQ today. Lots of new money.

$32.24

$32.01

Motown Spartan wrote:$32.01

Totally relentless.

-1.87 eps...brutal!

Motown Spartan wrote:-1.87 eps...brutal!

Not whats affecting today's trading action but a good reason not to buy it as an investment.

Since we're all ballers here, I thought I would seek opinions on where to get good, timely investment info other than Bloomberg, etc.

I signed up on Seeking Alpha last week and like the information quality, but the sheer volume seems a bit excessive. Maybe I need to fine-tune my settings.

Any other good sources out there?

It really depends on your style and what you are doing. As far as investing goes, I keep it simple, you really can't beat Vanguard 500 Index Fund Investor Shares... For trading, it really comes down to doing what you know. I know successful traders that trade on technical data, charting, news, herd emotion. The important thing is to trade what you know and in a way that works with your brain. The best trades I have ever made have been because I knew about what was being traded. Example, GM bankruptcy. Grew up in Detroit, know a lot about GM and while people outside of Detroit questioned if they would get a bailout, no one here did. People were dumping $20 face value bonds for $2... Bond holders get paid in bankruptcy. Made 4x off of those in about a month with virtually zero risk. Some things have obvious cycles like Natural Gas, blah blah.

Anyway, I would learn the fundamentals of trading stocks, bonds and options, the how, not the why then focus on industries/sectors you know well. Then decide how much of your brain processes financial data, charting, sentiment, news, etc.

One of the best trading tools I have is the Dow Jones News Wire but thats me...

Lets try the twat again at $30.08... I like pain.

edit... added a $0.33 Trailing stop.

Two Star At Best wrote:Lets try the twat again at $30.08... I like pain.

edit... added a $0.33 Trailing stop.

Well, if you're still in you are up 10% and 4% on the day. Pretty good day all around today.

Was planning to dive into USLV this morning but have an aversion to buying in on a 7% daily gain. Will wait for a crappy day and try to get in below 41-42.

I survived the trailing stop by $0.02. I will dump 1/2 to cover the earlier loss and let the rest ride until the battle that will happen @ $35. I sense it MAY get 30-35 range bound but who knows.

I trade silver etfs a lot... mostly to the short side when the time us right. Remember its poor mans gold so its really fickle AND its an industrial, not a precious metal...

Two Star At Best wrote:I survived the trailing stop by $0.02.  I will dump 1/2 to cover the earlier loss and let the rest ride until the battle that will happen @ $35.  I sense it MAY get 30-35 range bound but who knows.

I trade silver etfs a lot... mostly to the short side when the time us right.  Remember its poor mans gold so its really fickle AND its an industrial, not a precious metal...

I held onto to apple. But yahoo has me worried.