Stocks for the Long Term

[BlueWolf]

I closed a couple more positions this week, and I’m now sitting in 95% cash. I have been more active swing and day trading, particularly during this week’s late surge, and I will probably continue trading this way while I wait to see how things play out. Here are my current LT positions and watchlists:

Current Ownership:
AAPL, FRPT(.5)

Tier 1 Interest: CHWY, CRSP, CRWD, DDOG, DOCU, EDIT, ESTC, ETSY, FLGT, FVRR, KNSL, LMND, MDB, MELI, MGNI, NET, OKTA, OPEN, PINS, RDFN, SE, SHOP, SNOW, TEAM, TSLA, TTD, TWLO, U, UPWK, VCYT, WD, ZEN, ZM, ZS

Tier 2 Interest: AAXN, ADSK, ALRM, AMT, AMZN, ANET, APPN, BL, BRK/B, CRM, CRNC, EQIX, EXPI, FB, FIVN, FSLY, FTCH, FUBO, GLOB, HCAT, HUBS, INSP, IPOC, LITE, LOB, MA, MASI, MDLA, MSFT, MTCH, NCNO, NOW, NTNX, NVCR, NVTA, NVDA, PANW, PAYC, PING, PTON, PYPL, QRVO, ROKU, RVLV, SFIX, SMAR, SNOW, SPCE, SPLK, SQ, SWAV, TDOC, VEEV, WIX, ZUO

Tier 3 Interest: ABMD, ADBE, APPF, ASML, ATVI, AVGO, AYX, BIDU, BILI, BKNG, BOMN, BYND, BZUN, CGNX, CLDR, COUP, CSGP, DAVA, DIS, EEFT, EPAM, EVBG, FICO, FLIR, FTNT, GH, GOOG, HQY, IDXX, IIPR, INS, IPHI, ISRG, LAZR, LYV, MNST, NEE, NICE, NNOX, OLED, OLLI, PI, PLTR, QDEL, QS, QTWO, RGEN, RH, SDGRj, SGEN, SIVB, SPOT, SSTK, STAA, TREX, TTWO, V, WDAY, XLNX, ZBRA, ZG, ZNGA

Bold - New stock on list or stock that has changed lists

[BlueWolf]

Guys, I am going to discontinue my “Stocks for the long term” weekly updates. I may start it up again at some point, but right now I am almost exclusively day & swing trading so there’s just no need for it.

Good luck with your trading and investing.

[jiesen]

There probably isn't much out there that I'd want to buy for the long term right now as well. The market just has to take a 20% or 30% dump, and soon! After we're down 25% then I might consider stocks for the long term.... I'm sure if we're patient, we'll see that happen sometime within the next 6-18 months. Meantime, I will be holding cash, and lots of it.

[antioch6]

So now I want to end this thread by saying I don't want stocks for the long term, I want something long term. Who is still gunna be around in twenty years? I can't think of anything besides food and housing. Maybe gold. Maybe I need a job or something. Money has to come from somewhere. Maybe it's time to feed the homeless. Build places for people and arrange clothes for them.

[jiesen]

So now I want to end this thread by saying I don't want stocks for the long term, I want something long term. Who is still gunna be around in twenty years? I can't think of anything besides food and housing. Maybe gold. Maybe I need a job or something. Money has to come from somewhere. Maybe it's time to feed the homeless. Build places for people and arrange clothes for them.

Stocks are always a good investment to consider, I'd say now more than ever. When I said the market had to take a 20% tumble at some point, I didn't know it would take until this year, but you can never say exactly when these things will happen, just that they do happen, and will happen again, and again. So now that we have dropped from 4800 back down to 3900, is it a good time to buy stocks? Everyone is saying the economy is terrible, and stocks will fall more... that's the exact time you SHOULD be thinking about loading up more into stocks. You never know when it's the BEST time to buy, but at 3900, it's a heckuva lot better now to buy than it was 3-6 months ago at 4300 or 4600 S&P prices... sure, we could see another 500 point drop and be at 3400 by winter, but at SOME point in the next year or three I bet we'll be right back at 4400, and kicking ourselves for not buying stocks below 4000. (Hence, I've added some to my S&P index VTI from 4200 down through 3900.) Also, I've decided to buy into URA, just because it's uranium!

[Louetta]

I find myself wondering what the contest record is for going first to last.

[jiesen]

I find myself wondering what the contest record is for going first to last.

Well, you've still got a ways to go before you displace Vixxit's SFT with the bitcoin pick... and I don't think bitcoin is really going away this year, so you're probably safe from that situation.

[jiesen]

Nor is COVID-19 going away this year, so my QDEL stock should also do just fine... already back to 100+ today!

[Websman]

Ohter than some crypto, I'm all cash.

[Louetta]

Ohter than some crypto, I'm all cash.

I was 84% cash. Last week put 5% into a mid-cap fund. Still have my GBTC.