Stocks: Stock tips, please!

[Josh_LA]

For stocktraders (especially scottraders & day traders)

Please point me to some of the stocks the past year that have worked for you (and those that have not)

I'll do my own research and only invest what I can afford to lose, but some tips may save me some time.

 

[OptionsTrader]

Day trade FAZ.

Swing trade put options on homebuilders (TOL, CTX, etc) 2 months out.

Go long things that have real value via 2x leveraged ETFs like oil DXO, agriculture commodities DAG, and metals DGP.

Don't use margin to buy, don't trade large at a single time. use technicals for entries.

Do that in 2009 and you'lll probably do better than most IMO.

 

[TruthisTreason]

Well, I list a few I trade on a regular basis. I'm not sure how much it will help you, since, I will go long or short on some of these depending on price.

AEM
HL
GG
NEM
FCX
XOM
SRS
SKF
USO
TBT
DXD
SLV
EMC
INTC
HOTT
POT

 

[Arklatex]

DBN
CPL
MOO
DBA

You'll have to pay to get anymore out of me. truthistreason has agood head on him - except USO though uck!! STAY AWAY Oil is a great play but I'd go with DXO or for equity DKA instead of USO

 

[OptionsTrader]

Treason,

If you want higher octane than SKF, try some premium FAZ...

 

[georgiapeach]

I'm not very experienced at all trading stocks but I have made a little bit trading Fannie Mae and GM. They are cheap and volatile enough that I don't have to sink a lot into them or hold them for months to make a few hundred here and there. Of course they could go belly up any time and then I lose.

 

[stag15]

If you like oil, VNR. Pays a $2 dividend. Lehman owned 10% of the shares. When lehman went BK, the stock went to $4.62, today its at $11. It has most of its oil hedged at $80/barrel with reserves for 20 years. There has been no sign of cutting the dividend. I bought at 7 and 8, sold at 10 and want to get back in under 9.

Another plus, they only have 4 employees who own 27% of the stock. They only make 200k a year, but receive $5 million in dividends. Its in their best interest to keep the dividends high.

 

[weslinder]

I'm not a daytrader, but I've been trading these and making money:

USU - Uranium Monopoly
CP - Canadian Railroad

I also bought Ford (F) because I believe in it long-term, and bought ADSK because I thought it was going to really benefit from the stimulus package (big mistake).

 

[shaunish]

Day trade FAZ.

Swing trade put options on homebuilders (TOL, CTX, etc) 2 months out.

Go long things that have real value via 2x leveraged ETFs like oil DXO, agriculture commodities DAG, and metals DGP.

Don't use margin to buy, don't trade large at a single time. use technicals for entries.

Do that in 2009 and you'lll probably do better than most IMO.

I have been day/swing trading DXO ... buying on dips and selling at 10% profit... made almost 8k in the last 2 months doing so... (started with 6k).

I have made 1 day trade of FAZ for profit... made a new low this morning, picked some up at 16.4 and sold for 17.76...

I am thinking about going 100% in on FAZ... the markets got to crash and burn again soon, this bear rally is going in to its 4th week...

 

[shaunish]

Also Canadian oil/gas trusts are GREAT and they are highly recommended by Peter Schiff. (they also pay a nice dividend!)

These include PGH, PWE, HTE... and many others. I thing PGH is the most solid of the 3. AAV was good, but recently stopped paying dividend.

For the next few weeks, if you see DXO under 2.6 or UCO under 7.8 its a great buy... and pretty much guaranteed money in the bank (if you are negative, just wait it out - oil WILL go up eventually)

Have fun! This is a difficult market, even experts are getting burned. Terrible market for investing, GREAT market for day trading (volatility is awesome). Be careful with any double/triple indexes - a very close stop loss is KEY. The only one I go without is DXO, because I know I can wait it out if I am buying on a dip.

Watch out though, a politician can open his mouth and send any of your investments through the roof/floor... i feel almost as though it is gambling lately because of all their shit they throw.

 

[OptionsTrader]

I have been day/swing trading DXO ... buying on dips and selling at 10% profit... made almost 8k in the last 2 months doing so... (started with 6k).

I have made 1 day trade of FAZ for profit... made a new low this morning, picked some up at 16.4 and sold for 17.76...

I am thinking about going 100% in on FAZ... the markets got to crash and burn again soon, this bear rally is going in to its 4th week...

Nice going.

Just be mindful that being 100% in any one vehicle is more risk than you want, even if you think you have a super high tolerance for a loss, you just don't have an appetite as large as the collective stupidity of a market that goes up on hope and bullshit. Just be careful and if you trade large, trade fast.

Especially in options, I always say go for grounders, always shoot for a quick double and exit and never try to shoot for a homerun. Stayin in the game is more important than the satisfaction of a big gain.

 

[stag15]

Hey Shaunish,

HTE is ok, but they cut the dividend a lot. I am down 50% because they keep cutting the dividend. I am considering selling and moving into PWE and BTE only.

BTE is probably a more conservative play. The dividend is only 10%, but it is up 70% off its low.

I own a few of the trusts and they seem to be leveraged 2x. If oil goes up, they go up. If the dollar goes down against the CAD, they go up. They can move about 6-10% in a day if the dollar goes down and oil goes up. Look at BTE today, up about $1 or 10%.

 

[Josh_LA]

thanks, this'll keep me busy for a while.

 

[NinjaPirate]

Some of you may boo and hiss at me when I say this, but Sirius XM (SIRI) is a very popular penny stock right now. I've watched it when it was trading to $.11, now up to ~$.36.

I so wish I had money right now.

 

[Josh_LA]

Some of you may boo and hiss at me when I say this, but Sirius XM (SIRI) is a very popular penny stock right now. I've watched it when it was trading to $.11, now up to ~$.36.

I so wish I had money right now.

no boo, I'm watching it myself.

 

[NinjaPirate]

They expect SIRI to go above $2.00 by the summer, but who knows.

UIS is another one. Was trading at $.38 when I first started watching it a few weeks ago, now it's at $.64.

 

[slacker921]

Also look at SRS .. 2X bear for commercial real estate sector.

*** be very, very careful with the 2x and 3x ETFs.. they can wreak havoc if you don't set trailing stops.

 

[shaunish]

Nice going.

Just be mindful that being 100% in any one vehicle is more risk than you want, even if you think you have a super high tolerance for a loss, you just don't have an appetite as large as the collective stupidity of a market that goes up on hope and bullshit. Just be careful and if you trade large, trade fast.

Especially in options, I always say go for grounders, always shoot for a quick double and exit and never try to shoot for a homerun. Stayin in the game is more important than the satisfaction of a big gain.

Thanks for the feedback - yeah i dont think i have the cahones to go all in - i will probably phase in 20% at a time if it hits 15.

I've lost a bit on money on the SRS train (hit my 8% SL like 3x when i was first starting).

I have been following the markets pretty avidly for over a year, and just began trading last fall, so I havent tried trading options yet - it looks difficult / confusing... but very profitable, especially if you know something had a trading range. Do you know of any good resources that I could help me get my head around it? I probably still wont trade them (since i seem to have found a system that works) - but i like to understand everything anyways

 

[TruthisTreason]

Treason,

If you want higher octane than SKF, try some premium FAZ...

I'll check that baby out! Thanks!

 

[TruthisTreason]

Also look at SRS .. 2X bear for commercial real estate sector.

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