The Market 2021

Discussion in 'Finance, Investments, and Careers' started by Folster, Jan 7, 2021.

  1. Folster

    Folster he/haw

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    Marines
     
  2. Folster

    Folster he/haw

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    Looking at 5 year charts makes everything look like a bad buy at this point.
     
  3. Devilmaycare

    Devilmaycare Registered

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    I can say that about a lot of stuff. ;) Kicking myself for not dumping more into SQ and TSLA at the time.

    I like Lowes better but usually shop at HD. There's one within 5 min. of me and the closest Lowes is like 15 min. away.
     
  4. BigRedRage

    BigRedRage Reckless Contributor

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    Nice! Thank you for your service.

    Makes BA look like a great buy :)

    upload_2021-1-14_10-52-5.png
     
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  5. Folster

    Folster he/haw

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    I think that is everyone's experience with HD and Lowes. Whichever is closer. Same with grocery and drugstores.

    As far as buying the dip in March. Hindsight being 20/20. I did put quite a bit into the market in my Roth, but I did jump a little early before the market reached its low point at the end of March. Them's the breaks.
     
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  6. dscher

    dscher Registered

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    Keep an eye on volatility folks.. the technicals show no breakdowns in the longer term trends of the vix and that it could be just a pullback since the March crash. The divergence of the vix from the $spx is the largest since the vix's inception.. these are warnings of black swans that investors should at least be aware of. Jmo.
     
  7. elindholm

    elindholm edited for content

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    It's ridiculous to pretend that it's possible to establish a firewall between economic and political matters. If you're talking about economics, you're talking about politics.
     
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  8. elindholm

    elindholm edited for content

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    I'm not interested in either stock, but I'm definitely in the camp of Home Depot over Lowe's as far as I where I shop. I have to drive twice as far to get to Home Depot, but I won't set foot in Lowe's if I can help it.
     
  9. Folster

    Folster he/haw

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    Discussing how the politics can affect economics and the market is fine and encouraged, but turning it into a personal political discussion/argument is best left for P&R.
     
  10. dscher

    dscher Registered

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    For anyone interested in some TA...

     
  11. Western Font

    Western Font Registered

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    Between the two I shop at Lowe's over Home Depot because of the politics of the HD owners, but that's all I'll say about it. There's another national chain I'll often choose over both, and if it's a small item I need, I'd prefer a neighborhood store, be it an independent store or a franchise.

    I don't know the financials of any particular company, but home improvement could be a good recovery stock category because it *seems* as though the housing market will be hot again this year. Lots of work being done on new purchases and flips, plus renos with intent to sell because of high prices, or to stay in place because of high prices. This is all spread across local markets, of course.
     
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  12. Folster

    Folster he/haw

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    It's said that taxpayers pay for deficit spending with either increased taxes or inflation. We may not be able to see the inflation yet with small consumer goods right now, but we are certainly seeing it with assets like stocks and real estate. At some point we are going to see inflation across the board. It's just a matter of time.
     
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  13. Mainstreet

    Mainstreet Registered User Contributor

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    I shop both but I like Lowe's for appliances because they can get them delivered and installed. I've been pleased with this part.
     
  14. Russ Smith

    Russ Smith The Original Whizzinator Contributor

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    When we rented a house in Elk Grove we bought a washer and dryer from Lowes. it was cheap and they kept trying to upsell us but eventually we got it. They delivered it and the install guy was great. i wanted the door reversed on the dryer so as not to be in the way when you transfer from the washer to the dryer, he did that and he told us outright this set it as good as ones that cost 3 or 400 more we sell, we're always surprised more people don't buy this set it's the best value in the store. We went cheap because we knew we were not staying and sure enough we moved and the w/d have been in a garage for over 2 years now. But we were really impressed with Lowes. We had looked at HD but less choice and it was very clear they were pushing the high efficiency ones and basically had no interest in selling us anything but HE which we didn't want since we knew it was just a short term thing. We didn't want to buy used and inherit problems so we bought new and cheap, Amana and it was actually very good when we were living there.
    For work I much prefer Lowes to HD because it's easier to find stuff, but HD often has things I need that Lowes doesn't.
     
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  15. jf-08

    jf-08 Administrator; Rules Creator Staff Member

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    I typically just invest in Index Funds, but I picked up SPCE (Virgin Galactic) some months ago and it's up 85% now.

    And last month I picked up LAZR (Luminar Tech) who is an autonomous vehicle sensor and Lidar technology compnay who designs, builds, and sells longe-range Lidar products for automibiles and I hope will be instrumental in the self-driving car arena. They are up 15% since I bought.

    I also bought Smith & Wesson but they are down 7%. I didn't put too much $$ in them though.
     
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