Buying Ford (F) on the technicals...

Good for you Raiders... but please,...  don't remind me of what I'm missing  !  JK. 

It would take a significant drop for me to back in, and I just don't see it. .. but who knows. 

Good stuff, artdb.. this business is full of missed opportunities, but it sounds like the 3 of us can focus on the more that  we've gotten right. 

I'm a big believer in index fund investing and the "buy and hold " mantra,  but for the 10% I like to invest in stocks/ETFs, they have  also done well. 

Merry Christmas to you ! 

Rush51 & Raiders22 Good afternoon, should have pulled trigger and did what I said on Dec 20th  AVGO  

@artdb

 I think it is still the plan.  Nothing has changed for you.  

"Plan the trade and then trade the plan."

I am thinking there will be a drop at some point in NVDA .  So, maybe AVGO does as well.  But in the meantime you had a great JUMP in AVGO and it might still make a move back to 250 or even 280ish range.  So, there is a good chance your plan is still correct and NVDA may bottom out between now and sometime in JAN.

But if you are worried about 'losing' some of those great profits you just made, just put a trailing stop in place and lock them in.  

Another thing, depending on your tax situation, at least you will not have to worry about those profits this tax year.

You cannot regret every 'missed' play or 'mis-timed' play.

@Raiders22

 Thanks Raiders22 for the encouragement but I was waiting for January, taxes capital gains etc. Going to due it come January. THANKS AGAIN

Rush51 & Raiders22, Ford up 10.355 good luck my friends  

 Thanks, artdb.....

It's still got a long way to go to reach that $14.75 target price !

Ford had a good day today, along with most of the market.  The tarriff threat from Trump is still a big wildcard with sub-assembly and finished product vehicles made in Mexico.  But I also noted in Trump's inauguration speech that he is rolling back EV mandates, etc, and I would assume EPA standards.  This is good for auto companies, and allows them to build product per consumer demand, and not some arbitrarily high, stupid EPA efficiency standard (which effects "the type of" vehicles made, regardless of demand).    The ridiculous EPA standards put in place by DEMs are simply a back end way of forcing auto companies to phase out gas powered vehicles over time , regardless of how popular they might be !    NO!!    Power to the will of the people and their choices  !  

@artdb

 Thanks.  

I am up a tad over 7% now.  I started to add to the position when it dipped back to where I bought in at.  It did that twice since the start of the year.

I feel very good from just the charts, that if it can clear 11.30-11.40 and hold it, that it will be clear sailing until 12.30 or so.  

Then 13.50 should be easy to reach.   

I also looked at some Sept calls at the $10 strike.  If they dip below 1 again, I will probably get some of those as well.

@Rush51

 Very glad you pointed this stock out to me. 

Not a lot of analysts have stellar reviews on it.  But they are not too negative either.

@Raiders22

This trade ended up being a real 'stinker.'  I sold out of the F position last Friday @ $9.28.  What I find remarkable is that I was able to get out of thing with only a -11.5% loss, considering the tariff war Trump has started.  I had thought there would be headwinds on this trade w/ Tariffs, but what was anticipated as a headwind turned into a Cat-5 Hurricane.  The thesis changed, so have I....    In any event, I used the proceeds to buy ETN, which I mentioned in the other thread (What's on your Stock Shopping List).  

@Rush51

 Bought Ford November 29 2021 @ 1950 - 100 shares with reinvesting now have 1624.1424 shares only down 836.79 @ today's closing price $8.69 its in my Roth so I can't claim loss. Let's look @ these tariffs, go back to 1929 President Herbert Hoover was do same as Trump with Tariffs and Democrats were fighting him tooth & nail, and of course he got blamed for the great Depression when it was Franklin Roosevelt fault. Kept us in it for 16 tears because he wanted to stay in power. POWER HAPPY!!  Just do Resurce on HOOVER done great accomplishments. That was start of Depression, if he would had another 4 tears, depression would have been over. So just give TRUMP time and market will go up BIG. Only my opinion, I have faith in TRUMP best president in my lifetime, I'm 80 years young, good luck to all & GOD BLESS ALL & AMERICA    

@artdb

 Very good points.  I agree.  
Most people completely misunderstand that time period and the causes and what extended and worsened the Depression.  
We will have to see if enough people and politicians will have the fortitude to allow Trump to continue on.  We know Trump has the fortitude.  The question is how the much pushback he will get.  He only has a very limited time to implement his plan before the midterms.  That is why he has accelerated it. 
I normally have a tight stop limit on the stocks I get that are not buy-and-hold stocks.  I did not put one on my F, so I am riding it out.  I think when the dust settles it will still be on the path we thought it would be on. 

@Raiders22 As soon as FORD figures how to get parts without tariffs they will steady their course, F150 #1 in sales. One subject I didn't mention - Democratic Communist Party goes back a long time, plus most of their woman are ugly looking on TRUMP'S team are young and beautiful 

@Rush51

 Your correct but I don't think I need to get to $14, made up with dividends over 16 plus shares. Back to politics the rhinos could be bad for Trump but whatever stocks should come back I hope  

@Raiders22 & Rush51 starting to worry don't like what is going on with the country, it's not TRUMP'S fault but can he fix it ? Auto industry - Dealerships will be closing soon ! Then if it gets into real-estate your goanna need sub machine gun. Hope I'm wrong. Love our country and all the people in it but communist have to go somewhere else. 

@artdb  One more TRUMP should hire Coach Serini and GM Howie Roseman, that's a joke what everyone to laugh because if you're in the market you need one.  Hoping for NY Yankees - EAGLES to win it all   

Rush51 & Raiders22  I will never doubt TRUMP again 

@Rush51

@artdb

Was curious if either of you are still in FORD or added to it?  

I got stopped out a while ago.  

But I see they seem poised to curl up a bit if they can hold $12.

Farley's interview earlier seemed very couched but somewhat optimistic longterm.  

Raiders, I sold out of it in early April (post #35).  I just couldn't stick with it with all the tarriff-related noise on this trade .  It was always a trade, and not an investment. 

I suppose it's wise to never say never, but I just can't ever see myself 'investing' in the automotive business.  They are tough businesses saddled with union distractions, and are very capital intensive businesses.  No thanks.  Just not for me.  I can only think of the airlines as a worse sector of the economy to invest in, for very similar reasons.. 

Also, I just saw a headline this morning where Farley said he expects EV sales to drop in half when the tax credit end.  This industry is just in the meat grinder IMHO.  

@Rush51

 Yes.  Just did not know if you ever got back in.

Yeah, I have only ever traded Tesla or Rivian.  But I have not owned auto stocks in forever either.