re: Stock plays/thoughts week of Monday Feb 20

It has held upwards of $3.58 for quite some time after news of CEO being forced out and simply the anticipation of 48 week data. I'm looking for $10 or a buyout one day.

I added more. 3.72 avg.

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I added more. 3.72 avg.

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I'm done adding. Nearly out of money in RH...400 shares.

I have been following for a while. Decided to buy AUPH at 3.65 today. Like to hold for up to 3 months. Looking for more suggestions for long term holds.

as mentioned above TRVN dropped 35-40% today

many believe it might be worth a swing play tomorrow as its way oversold.

might be worth watching - im going to day trade it

The futures for the S&P, Dow, and Nasdaq are all well into overbought territory according to multiple technical indicators. They are all around 80 on the RSI, for example.

That info probably won't turn into a play this week, but there isn't another active thread for me to mention it. But whenever those indexes dip or stall sufficiently to cool down, I'll buy some calls with money I'm prepared to lose. I'll also mention that I do have concerns over the enthusiasm in this market.

I have been increasing my stock % from 40 to 60% of my money designated for stocks since the election. I was looking for a correction near the election to get my money in but it did not happen. I have bought some good stocks and am happy with the performance so far. I still have plenty of reserves to buy more when there is correction which I think is overdue but I really like the direction of the market and do not wish to be left out completely. I will load up when I think it is the right time but I am cautious right now because of the price of the market right now. I recently sold VFH and YELP at a good profit and I will probably sit tight for a while unless I find a compelling stock to buy.

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Yeah it's pretty absurd that a full 15% correction would only bring the DOW to a 3 month low, or thereabouts.

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And it can always go higher. There's no point in telling the market it's being foolish or irrational (not saying it is or is not acting that way now). It's better to swim with the current and keep close watch to figure out when to jump in front of the crowd.

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I was looking for a correction near the election to get my money in but it did not happen.

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It actually happened the night of the election, and then the market recovered once people realized that Republicans would have full control. Market's been on a tear ever since.

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I still have plenty of reserves to buy more when there is correction which I think is overdue but I really like the direction of the market and do not wish to be left out completely.

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Fear of missing out. I'll admit that I deal with that as well, but I stay firm. I've made enough mistakes to know that I just need to wait and be ready to act instead of trying to force something.

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for me, time in the market is more important than timing the market

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We all have rules to live by. No point living by everyone else's rules in addition to our own. But I think, after a few years of looking and reading and studying, I have finally found what I'm looking for.

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IF/when it does correct/crash we will need to have thick skin to hold our positions

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Personally, it's better to be flexible. There's not much money to be made being bearish in a bull market or bullish in a bear market.

Holding. Thinking of adding more.

With Gander filing bankruptcy I wonder if dicks and academy will get a bump