Comments by "Jake Broe" (@JakeBroe) on "Will the Market Go Lower? (Portfolio Update)" video.

  1. Be sure to give this video a LIKE to support my channel! I greatly appreciate it! Also you can catch up on all my Schwab trades with this playlist here: https://www.youtube.com/playlist?list=PLscTZuOqKWIyTxElpV3mROcA6BhBnYz4c
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  2. Thanks Shad! I'm self-taught from reading articles on investopedia.
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  3. You are not wrong John! People need to feel a lot more pain in the market before they are willing to give up and say "only fools buy stocks". Once we hit peek pessimism, that is the time to go all in with my cash reserves.
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  4. I agree Raymond! I think a lot of stocks will just trade sideways and not reach new highs as company revenue and earnings have to catch up to their valuations that were priced in the last two years.
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  5. We'll know soon enough! I'm holding lots of cash and waiting for the dip.
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  6. I'm going to film a new video talking about technicals this week. If you haven't seen my video on stochastics, I would definitely watch that. https://youtu.be/BDF5eunudW0
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  7. Well, it's down 70% from its high and it's still growing its revenue. Now is possibly a good time to buy it. But it wasn't 13 months ago after it had already shot up 270%, haha. Cheers Donnie!
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  8. Yeah, that dividend is great and its growing every quarter. Solid buy and I can't see it going much lower than the $162 line of support.
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  9. LMT tends to drip up and then drift down. You'll get another shot at it this year I am sure.
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  10. I'm thinking the next month might be a good month to be holding cash...
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  11. Thanks Victor!
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  12. It's a steal right now, but I'm being greedy and trying to time it at a local bottom.
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  13. epic indeed, haha. That money is gone-gone
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  14. They don't deposit money at the FED, but they can buy US treasuries and get close to 2% right now. Yes, there is money flowing from the stock market to the bond market right now.
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  15. Well, Buffett saw the same bargain valuation that the team at Microsoft saw. Both probably could have got the stock/company cheaper as it kept selling off.
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  16. In my options retirement video, I was talking about selling cash secured puts and selling covered calls. I would not recommend buying puts on SPY.
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  17. I agree Brian! The entire market is rather over valued. But there are still individual stocks that have good valuations. Buffett himself just bought Activision Blizzard. So people just have to look for good deals and be patient!
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  18. Options contracts split when a stock splits... but that is a good question since share holders will be given shares of this new company. I'm not 100% certain.
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  19. That's what everyone else is doing right now, haha.
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  20. Well, he's got to make up his mind before Monday.
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  21. I think it is there as well John! I'm going to keep watching those technical indicators and jump on it once I see buyer momentum.
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  22. PLTR's technicals are now a nightmare. It's probably going to fall until its P/S is closer to 10 before it finds price stability. It's going to need some incredible future quarters to get back its upward momentum.
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  23. I agree. They are strategic partners and Russia wants to be respectful that this is China's week to have the world's attention.
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  24. This is a solid suggestion. Now that I live in Vegas, there are lots of crappy timeshares here. I should just sign up for all of their tours and then make videos about why they are complete garbage.
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  25. Thanks Shaun! Appreciate that!
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  26. Oh for sure! We always can go lower.
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  27. Thanks Misael!
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  28. Thanks Nitish! Cheers!
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  29. Haha, thanks Corey!
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  30. Hey Gina! Their P/E is 65 and P/S is 7... that sounds like it is going lower to me.
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  31. You are welcome D! Cheers!
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  32. I feel like 20% is a reasonable experiment! Give it a try for a year and see how it goes!
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  33. I should have left HCI weeks ago, but because this is a public account and I share all my trades, I feel obligated to hold it until earnings report next month and see how it goes. It's a small cap stock, so it has the potential to jump up huge in a single day.
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  34. I'm also holding a lot of cash right now. We shall see what happens when the market opens!
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  35. We got to get through this first fed rate hike!
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  36. Wouldn't shock me. Bill Gates is one of his closest friends.
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  37. Thanks for watching my content Bangpaulxu! I'll keep making content as long as people watch it, haha.
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  38. Very wise indeed.
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  39. Good to know Tim! Thanks!
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  40. oh my...
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  41. Price movement is driven by buyer demand and seller demand. You are correct, for every buyer there has to be a seller. But when there isn't an equal number of each at the current share price, then the share price has to move to find buyers/sellers and achieve equilibrium. If lots of people all of a sudden want to buy, then the share price rises fast to find enough seller. This rapid share price movement up can be measured and can be classified as "overbought". Likewise, when everyone all of a sudden wants to sell, the share price falls rapidy to find enough people willing to buy. This rapid movement according to technical indicators can measure it as "over sold".
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  42. That's awesome Happy Campers!
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  43. You're not wrong. If AAPL has a bad quarter, then the whole market will collapse since AAPL is so overweight in all the indexes.
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  44. I agree Paul!
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  45. You're not wrong Louis!
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  46. I've been distracted the last 3 months what with getting out of the military and moving cross country... but yeah, this was a good time to be buying puts. I'm going to start a new trading challenge in my Robinhood account soon and we will be trading put debit spreads on stocks that are crashing. Stay tuned!
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