ShirleyH
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$Verb Technology (VERB.US)$
thank you @Stocks with Josh for helping me get here :) cashed out a little profit the first time but held just in case. waiting for the next run
thank you @Stocks with Josh for helping me get here :) cashed out a little profit the first time but held just in case. waiting for the next run
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$CorMedix (CRMD.US)$ refuelling
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ShirleyH
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If you ever start wondering how can the market keep going down, just look around or listen to the news. This is the most expensive holiday season ever. When faced with holding onto investments or using them to buy gifts and food for the celebrations, most people choose the later.
Dont listen to the jobless report. The report they release is data twisted and turned so that it sounds like the rate is going down and the economy is fine. But the truth is its way worse than they report. For one thing it shouldnt be a jobless report, that wont give you a clue on how any of the economy is doing. Its a bullshit report. To get real numbers on how its going they should release the hours worked report. When thats increasing you actually have a close idea of whats going on. If the jobless report declines by 100,000 so what? If that 100,000 decline was because 100,000 part time (12hour work week) jobs were filled then that doesnt help much compared to it being full time jobs. 1.2 million hours worked compared to 4 million hours worked is a big difference. Less hours being worked causes people that arent working enough hours, usually the older people in society who are a big part of the investments in the stock market, to cash in IRAs and their long term stock holds.
A known fact of December is that, the least amount of buying volume happens at this time of the year.
So when you put all these factors together what do you get? Stocks trending down or sideways or not holding their gains. Heres the best way to invest this December:
1. Dont sell any of your shares. Hold and hope the market rebounds which it usually does.
2. Deals on stocks are everywhere. Stop buying stocks that have had 2 day or more increases or you will get stuck.
3. Only buy a stock if its at or near its 52-week low.Averaging down is your new best friend for this month. Stay away from stocks that are gaining due to news release.
4. Take daytrading, swingtrading, call option buying off the table. Think of this month as a collecting of shares month.
5. Most stocks you buy this December you will need to hold at least 50 days. What happens in 50 days? IRS refund checks hit bank accounts and people want to use that money to invest back into the market to replace what they sold off in December. If youre loaded up with cheap shares from December, profits could exceed 500%.
Lastly dont use this month to offset previous losses. What do you think the odds are of that working if this month has the lowest buying volume out of all the months? Do you know what month sees the highest buying volume? January.
Dont listen to the jobless report. The report they release is data twisted and turned so that it sounds like the rate is going down and the economy is fine. But the truth is its way worse than they report. For one thing it shouldnt be a jobless report, that wont give you a clue on how any of the economy is doing. Its a bullshit report. To get real numbers on how its going they should release the hours worked report. When thats increasing you actually have a close idea of whats going on. If the jobless report declines by 100,000 so what? If that 100,000 decline was because 100,000 part time (12hour work week) jobs were filled then that doesnt help much compared to it being full time jobs. 1.2 million hours worked compared to 4 million hours worked is a big difference. Less hours being worked causes people that arent working enough hours, usually the older people in society who are a big part of the investments in the stock market, to cash in IRAs and their long term stock holds.
A known fact of December is that, the least amount of buying volume happens at this time of the year.
So when you put all these factors together what do you get? Stocks trending down or sideways or not holding their gains. Heres the best way to invest this December:
1. Dont sell any of your shares. Hold and hope the market rebounds which it usually does.
2. Deals on stocks are everywhere. Stop buying stocks that have had 2 day or more increases or you will get stuck.
3. Only buy a stock if its at or near its 52-week low.Averaging down is your new best friend for this month. Stay away from stocks that are gaining due to news release.
4. Take daytrading, swingtrading, call option buying off the table. Think of this month as a collecting of shares month.
5. Most stocks you buy this December you will need to hold at least 50 days. What happens in 50 days? IRS refund checks hit bank accounts and people want to use that money to invest back into the market to replace what they sold off in December. If youre loaded up with cheap shares from December, profits could exceed 500%.
Lastly dont use this month to offset previous losses. What do you think the odds are of that working if this month has the lowest buying volume out of all the months? Do you know what month sees the highest buying volume? January.
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Thanks $Futu Holdings Ltd (FUTU.US)$ MooMoo for coming out with new merchandise rewards.
Hopefully, we can also see the bunny and the life-sized elephant as mention in here.
Also, there is an Elephant event 'Gold Coin Madness!' happening right now, and end on 8 December 2021.
Once again, thank you $Futu Holdings Ltd (FUTU.US)$ MooMoo.
Thanks $Futu Holdings Ltd (FUTU.US)$ MooMoo for coming out with new merchandise rewards.
Hopefully, we can also see the bunny and the life-sized elephant as mention in here.
Also, there is an Elephant event 'Gold Coin Madness!' happening right now, and end on 8 December 2021.
Once again, thank you $Futu Holdings Ltd (FUTU.US)$ MooMoo.
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