(05-27-2020, 04:26 PM)john Wrote: Anyone watching EVFM?
If they can get the cost of their product down I think they could capture a big share of the market they are in.

I like a lot of names in the Bios space. Most of my specs are in this sector 

(05-27-2020, 04:26 PM)john Wrote: Anyone watching EVFM?
If they can get the cost of their product down I think they could capture a big share of the market they are in.

(06-03-2020, 02:49 PM)EricL Wrote: So yeah. Don't fight the fed and stuff.

Market up another 2% and DOW over 26,000.

A couple more days like today and my portfolio value will be higher than where it started the year at.

20% unemployment, worldwide pandemic and national riots be damned.

(06-03-2020, 02:51 PM)kblake Wrote:

(06-03-2020, 02:49 PM)EricL Wrote: So yeah. Don't fight the fed and stuff.

Market up another 2% and DOW over 26,000.

A couple more days like today and my portfolio value will be higher than where it started the year at.

20% unemployment, worldwide pandemic and national riots be damned.

Yeah maybe its time to buy some gold since it has come down in recent weeks 

(06-03-2020, 02:56 PM)fenders53 Wrote:

(06-03-2020, 02:51 PM)kblake Wrote:

(06-03-2020, 02:49 PM)EricL Wrote: So yeah. Don't fight the fed and stuff.

Market up another 2% and DOW over 26,000.

A couple more days like today and my portfolio value will be higher than where it started the year at.

20% unemployment, worldwide pandemic and national riots be damned.

Yeah maybe its time to buy some gold since it has come down in recent weeks 

I've never held gold ever, but sold my first NEM put (on cue) a day or two before gold started to fall.  I'll tiptoe into a position but I'm not sure if there is a big hurry or not.  Averaging in seems prudent or you can wait a very long time to break even.

(06-03-2020, 03:34 PM)divmenow Wrote:

(06-03-2020, 02:56 PM)fenders53 Wrote:

(06-03-2020, 02:51 PM)kblake Wrote:

(06-03-2020, 02:49 PM)EricL Wrote: So yeah. Don't fight the fed and stuff.

Market up another 2% and DOW over 26,000.

A couple more days like today and my portfolio value will be higher than where it started the year at.

20% unemployment, worldwide pandemic and national riots be damned.

Yeah maybe its time to buy some gold since it has come down in recent weeks 

I've never held gold ever, but sold my first NEM put (on cue) a day or two before gold started to fall.  I'll tiptoe into a position but I'm not sure if there is a big hurry or not.  Averaging in seems prudent or you can wait a very long time to break even.

If you bought NEM like I did at $32 then your doing well. It’s all about the timing. NEM, GOLD, FNV GLD and AU I like. 

With the market out of control now; it’s not a bad idea to own at least 1 gold name in your portfolio. And the market is way too over bought, so gold should move up for a while. NEM is my favorite. I can see it testing $60 again and hitting new highs.

(06-04-2020, 07:09 AM)fenders53 Wrote:

(06-03-2020, 03:34 PM)divmenow Wrote:

(06-03-2020, 02:56 PM)fenders53 Wrote:

(06-03-2020, 02:51 PM)kblake Wrote:

(06-03-2020, 02:49 PM)EricL Wrote: So yeah. Don't fight the fed and stuff.

Market up another 2% and DOW over 26,000.

A couple more days like today and my portfolio value will be higher than where it started the year at.

20% unemployment, worldwide pandemic and national riots be damned.

Yeah maybe its time to buy some gold since it has come down in recent weeks 

I've never held gold ever, but sold my first NEM put (on cue) a day or two before gold started to fall.  I'll tiptoe into a position but I'm not sure if there is a big hurry or not.  Averaging in seems prudent or you can wait a very long time to break even.

If you bought NEM like I did at $32 then your doing well. It’s all about the timing. NEM, GOLD, FNV GLD and AU I like. 

With the market out of control now; it’s not a bad idea to own at least 1 gold name in your portfolio. And the market is way too over bought, so gold should move up for a while. NEM is my favorite. I can see it testing $60 again and hitting new highs.

Gold like most commodities has always been a casino in the short term.  But if things go bad you can hold it and you'll be OK eventually.  It's a hedge and not an investment unless you time it right.  You generally need to buy gold when the skies are blue and there is no obvious need to consider buying it.  I am starting to build a position very slowly selling puts for income.  I wouldn't go all in now for sure.  For now I am going to stick with NEM because they are huge, pay a Div and it represents actual gold.  IMO ticker GLD is a trade.  It's paper gold, and if we ever actually need to hold gold due to monetary system calamity, the market will inform us we only own paper in reality.  Day traders love GLD though.  It works perfectly for that purpose.  

IMO Buffet is right about gold.  It's a lousy long-term investment if you consider inflation which you must.  It creates no income stream.  The stock market and many other investments far outperform it over my entire life-time.  It will never be a large part of my portfolio.  If NEM didn't pay a dividend I would have zero interest.  It's an age appropriate holding for me now though as risk adjusted return is all I care about now.

(06-04-2020, 08:17 AM)kblake Wrote:

(06-04-2020, 07:09 AM)fenders53 Wrote:

(06-03-2020, 03:34 PM)divmenow Wrote:

(06-03-2020, 02:56 PM)fenders53 Wrote:

(06-03-2020, 02:51 PM)kblake Wrote: Yeah maybe its time to buy some gold since it has come down in recent weeks 

I've never held gold ever, but sold my first NEM put (on cue) a day or two before gold started to fall.  I'll tiptoe into a position but I'm not sure if there is a big hurry or not.  Averaging in seems prudent or you can wait a very long time to break even.

If you bought NEM like I did at $32 then your doing well. It’s all about the timing. NEM, GOLD, FNV GLD and AU I like. 

With the market out of control now; it’s not a bad idea to own at least 1 gold name in your portfolio. And the market is way too over bought, so gold should move up for a while. NEM is my favorite. I can see it testing $60 again and hitting new highs.

Gold like most commodities has always been a casino in the short term.  But if things go bad you can hold it and you'll be OK eventually.  It's a hedge and not an investment unless you time it right.  You generally need to buy gold when the skies are blue and there is no obvious need to consider buying it.  I am starting to build a position very slowly selling puts for income.  I wouldn't go all in now for sure.  For now I am going to stick with NEM because they are huge, pay a Div and it represents actual gold.  IMO ticker GLD is a trade.  It's paper gold, and if we ever actually need to hold gold due to monetary system calamity, the market will inform us we only own paper in reality.  Day traders love GLD though.  It works perfectly for that purpose.  

IMO Buffet is right about gold.  It's a lousy long-term investment if you consider inflation which you must.  It creates no income stream.  The stock market and many other investments far outperform it over my entire life-time.  It will never be a large part of my portfolio.  If NEM didn't pay a dividend I would have zero interest.  It's an age appropriate holding for me now though as risk adjusted return is all I care about now.

I own a few gold stocks.  I'm doing very well with them. Better then some other names in my portfolio.

(06-05-2020, 08:24 AM)EricL Wrote: DOW up 700+ points pre-market on a positive jobs report.

Weeee!