Green on a red day means a lot . If you are, means I missed out on more gain. Then again, googl never trades with the market lock step. With this mkt the futures might be up one minute and down the next. Has not been an orderly healthy amrket and valuations are high. Google fight now is not the bargain it was and the run was fast to the 700 level, to say the least , so it really can't be compared to the indices as it still has its own inertia
Consider this though on reits. It has equity . It is not just about yield. For a 12% yield they would be unrealistically low in terms of their book value, at least it seems . Interest rate rise of a 1/2 point won't make a reit currently yielding 4 % even through panic selling reach a 12 % yield.
If you owned Google prior to April 2014 , the stock split since then , so unless you have calculated for the split your shares today might actually be worth twice what you thought.
I own LUV still. That is a very difficult one . Teases you into making you think it is going up finally and the next day will drop 4%. Glad I didn't buy on Thursday. The rails are another one that are in the basement. I just read that CNI is a buy above 62 as it is forming its head and shoulders bottom. S&P says it is the best run railroad and by this time in the cycle , all the bad news might be priced in. I am very heavy in cash right now after the Google sale so I am shopping for opportunities
I hated like heck to sell googl. Looked like it was going to pre earnings prices again . Went from 600 to 700 in 2 dqys or so and then bqck to 654 and I sold with a decent profit, certainly not what I had.Dust will settle and I am hoping for lower entry point to get back in. This action is manipulated . The stock market is fast becoming too difficult. Mutual funds long term still the best but lack excitement. Can't say that about google and amazon
The company is great but the trading action dropp from 700 to 656 is not healthy or systematic.I sold with a gqin but believe the stock goes down substantially further . If it does I will buy it back. But for now I am staying on the side.
Googl can go anywhere and because support is a 600 dollars , downward momentum could actually drive the stock that low, although I doubtr it. If it does, mortgage the house to buy google as it will be the buy of the century. A price below 650 would be good but good isn't good enough.
his limited boxed in world will live and die with him. and it will happen to any of us who shuts out life. This is the equivalent of walking dead. Easier to do than one thinks. Thus the reason we step outside of ourselves.
Commodities prices remind be of a the time when I was a kid in the early 1960s when commodities were cheap across the board including gold and silver and gas. Oil will probably fall further, my hope anyways. The fall in commodity prices is a good thing . As were the 1960s. Then again, nostalgia , if it is a reason for that belief , let it be. It is past anyways, and that, is always seen through a curtain of time.