Friday, December 15, 2017
The Drop in CSX is Overdone: Here's How to Play It
http://ift.tt/2CuKDYN Yesterday, CSX (CSX) announced that President and CEO E. Hunter Harrison was taking a leave of absence for medical reasons. One hopes that this is only a temporary measure, and that Mr. Harrison can make a full recovery, but the market reaction is what interests me here and it is following a familiar pattern of overreaction.
Submitted December 15, 2017 at 10:50AM by rogerdrago http://ift.tt/2ARWkff
Is this a good idea? (Buying stock for stock game)
Today is the last day of the stock game at my school (I need to do well to save my grade)
The stock market opens in around 3.5 hours from when I am writing this post.
Earlier this week (yesterday), I invested in RIOT. I was impressed by how much money I accumulated in one day. I've already sold American Airlines stock (they aren't doing too well as a company as shown by the picture attached below) and will buy more RIOT stocks right once the stock market reopens with the money earned from selling the AAL stock.
Would you recommend basically selling all of the stocks I have right now which are doing poorly in their after hours and pour my money into RIOT? Or should I just keep my stocks the way they are?
I'm impressed by RIOT and think it will get me a lot of money in one day - especially if I invest more - but as I am not as experienced in stocks as some of you on this subreddit, I want to make sure I am not f*cking up. By just looking at RIOT in their after hours, I feel confident that it will be a good day if I invest a ton in their company. They have a strong upward trend and they make great games (I think I might've played one of their games in the past). I appreciate your feedback
Picture attachment of my stocks: http://ift.tt/2CqLzNL
Current amount of money I have in the game: $101,453.85 (USD)
Money I'd ideally like to make by the end of today (Friday): + 2 - 3k
One guy in my school made $15k in one day and went from rank 175 to rank 3 in one day so I'm not being too optimistic when I say this is how much I want to make.
I am ranked 155 right now. The number 1 guy has 118k in his account. Getting more than that would be a stretch but like I said getting 2-3k dollars would get me a B and not a C in the game.
EDIT: If needed, I can sell all my stocks and just devote all of my money on RIOT. Please recommend a good course of action
Submitted December 15, 2017 at 06:05AM by clashofclans202 http://ift.tt/2oeA21k
Recession Coming?
This new tax bill may be good short term, but long term it will increase the national debt. What should we expect short term and long term in terms of the stock market and housing market?
Edit: my main question is, what is the effect of the tax bill? It has to affect the market in some way.
Submitted December 14, 2017 at 04:35AM by ravneetsingh25 http://ift.tt/2Bm4qvS
Thursday, December 14, 2017
Looking for an intern in the marketing/finance field!
Hey guys, some of you know me but if not I'm a business owner, developer and a trader with ~15 years experience in the markets, and I'm interested in working with a younger, ambitious person (or maybe even a couple of them) who has extra free time and would like to build some experience for their resume.
Basically I need some help with some marketing stuff, growing a couple brands and products and generating content, but I need someone who is passionate about and hopefully has some knowledge of the financial markets. I am happy to provide all the details to anyone seriously interested but this is mostly just a feeler post. In my imagined scenario, your duties would essentially be working with me to grow my newest financial analysis application, but right now I'm just brainstorming so you'd have a lot of say in how it could be beneficial to both of us. I'm not in a position to hire someone full time for this or anything like that, but if you've got free time, are tech savvy, know a little something about the markets (and want to learn a lot more) and want to build up some experience in the marketing and/or finance fields I'd be interested in talking details with you.
The site is already profitable and I am happy to share profits as they grow to give you some incentive. We'd be working closely on building a strategy and in the end you'd end up with some good experience on your resume so if nothing else I'm hoping that I can help out an ambitious college kid or two!
Leaving this open ended so people can ask questions. You can also feel free to pm me if you prefer more private discussion about it. I'm an open book!
Thanks!
Submitted December 14, 2017 at 02:07PM by ghostofgbt http://ift.tt/2zc5i4d
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