Stock gurus- is it time to buy?

4,932 Views | 29 Replies | Last: 8 mo ago by BTHOtrolls
fullback44
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AG
I'm waiting to get some Energy Transfer stocks and it's heading upwards today already, what do you guys think? I put most of my money in the money market about a month ago
Hoyt Ag
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AG
I am no guru but I bought 250 yesterday.
TexAgs23
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I'm not a guru but I'm tracking several stocks right now to see how low they are going to drop before pulling the trigger. My cash has already been transferred, so just waiting for what I hope is the best moment.

themissinglink
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AG
Depends on how the tariffs turn out.

Stocks are rallying today with the hope of making trade deals and most of the tariffs being eliminated or substantially reduced. It's hard to know if that's actually in the cards. Lots justifications of the tariffs to "re-shore" American jobs/manufacturing and a zero-tariffs environment would have the opposite impact (though it would be good for both the market and economy).

If the tariffs remain at elevated levels, expect a recession by the end of the year and stocks to be lower than current trading levels.
Wrighty
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AG
if you're trading short term: no one knows. some people will pretend to know, but they don't.

if you're trading long term: the odds are overwhelmingly that yes its time to buy because history shows that over 5 or 10+ years the market goes up.
Petrino1
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Yes.

Buying when stocks are lower is better than buying when stocks are higher.
Kenneth_2003
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AG
The last two days we're in mid-2023 price territory.

Will it go lower? I don't know.
Will it go higher? Yes, in time it will most certainly go higher.
Will we ever see this price level again? Maybe? I don't know.

It's a good time to buy.
knoxtom
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Is it time to buy?

What changed today from yesterday? Yesterday, and the day before, and the day before were absolutely NOT days to buy. What changed?

You think Powell is going to drop interest rates by multiple percentage points to spur the economy through the tariffs? You think that will not cause rampant inflation? Show me what changed and I will tell you it is time to buy, otherwise just wait it out.
Bayou City
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I've been buying ET under 16 and EPD under 28.5
"I've lived through some terrible things in my life, some of which have actually happened."

Mark Twain
dreyOO
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I'm definitely looking for those indicators of change. Top of mind is trade agreements potentially being forged quickly. If we can get some of that good news flowing, maybe it is a new paradigm that should help us short and long term. Even better if we get enough free trade partners signed up so we can fight a fair fight with China.
Kansas Kid
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Petrino1 said:

Yes.

Buying when stocks are lower is better than buying when stocks are higher.
You could argue this is the no duh post of the day but it really is that simple but the average person tends to buy in the high and sell on the low because of fear.
knoxtom
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I looked at my 2024 purchases the other day and almost every single one was at a relative high or all time high. I made 47% last year.

I don't understand why people buy losers or think that something that is low will turn it around. I NEVER bargain shop, they are bargains because they suck.

This year there are some bargains. Google is a steal at its price, but I wouldn't put any of my money in it at all because bigger things are driving it down. You just can't fight a comprehensive policy that has the effect of driving down prices. A good company can't beat a bad economic team.
Kansas Kid
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Bayou City said:

I've been buying ET under 16 and EPD under 28.5

Hard to go broke buying companies that are the backbone of this country and pay you a nice coupon that historically grows over time while you wait for the stock to rebound.
TxAger
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good time to buy SLB and hold?
BTHOtrolls
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AG
If your timeline is 10 years…

Yesterday was a great time to buy.

Today's still a great time to buy.

Tomorrow? Yupp, it'll be a great time to buy.

But if your timeline is 10 months…

Might as well hit Vegas, enjoy the casino, catch a show, and place your bet on the Aggies to win a Natty!
Thunderstruck xx
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I usually only play this "buy the dip" game with play money I can afford to lose, and with that money I tend to be more risky with my investments into individual stocks that I think have promise.

Other than that I haven't changed anything with my usual habits of regularly dollar cost averaging into index funds no matter what's happening.
Bayou City
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25 year time horizon. I'm not worried. I liked ET @ 20 and EPD at 34. I love them @ 15 & 28

I have an untapped 50k PLOC @ 4.5%. I'm thinking about tapping it on some EPD.
"I've lived through some terrible things in my life, some of which have actually happened."

Mark Twain
Heineken-Ashi
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Bayou City said:

I've been buying ET under 16 and EPD under 28.5
I have so much ET, I bought $17 April puts for 7c as a hedge a week ago or two ago. Enough to represent every 100 shares I have. Closed them this morning. That worked out better than a couple years of dividends.
Bayou City
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Texags. Where any trade you've made, someone else has to tell you that theyve made one better.
"I've lived through some terrible things in my life, some of which have actually happened."

Mark Twain
soleta27
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Ask Marjorie Taylor Greene. She seems to know more than anyone
I Am A Critic
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Bayou City said:

Texags. Where any trade you've made, someone else has to tell you that theyve made one better.
Is that similar to how you use daddy's money to pretend you're rich and important?
GeorgiAg
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AG
Petrino1 said:

Yes.

Buying when stocks are lower is better than buying when stocks are higher.
You should write a book
Big Baccala
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AG
Waiting until the campaign against Powell is resolved, one way or another. I don't believe the markets will settle while this and the uncertainty related to tariffs continues. Might have to hold cash at least for another 6-12 months.
Big Baccala
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S&P spike upward on April 8 has nearly been wiped out, as are all gains from the last 12 months. Bottom is not yet in sight. If Powell is pushed out I would not be surprised to see another 8-10% drop.
YouBet
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Just sittin over here gettin rich with my 9.227 shares of ET.

In your faces, lolpoors.
NoahAg
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YouBet said:

Just sittin over here gettin rich with my 9.227 shares of ET.

In your faces, lolpoors.
10 shares for me, Broseph!
Now I know how Warren Buffett feels...
Bayou City
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Dads dead and left me nothing. So I guess yeah sure??? Assume you didn't know that?
"I've lived through some terrible things in my life, some of which have actually happened."

Mark Twain
Hoyt Ag
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AG
NoahAg said:

YouBet said:

Just sittin over here gettin rich with my 9.227 shares of ET.

In your faces, lolpoors.
10 shares for me, Broseph!
Now I know how Warren Buffett feels...
I probably have an unhealthy amount of ET stock, but I also worked there in a higher position for almost a decade and stock was a large part of my total comp. The dividends are nice and will allow for a comfortable retirement.
Dirt 05
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AG
The Case Shiller PE ratio is right around 32. In March 2009 it was 13. The average dating back to 1900 is ~18 with a median around 16. Historically it could still fall by half and be around historical average PE ratio.
BTHOtrolls
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AG
Dirt 05 said:

The Case Shiller PE ratio is right around 32. In March 2009 it was 13. The average dating back to 1900 is ~18 with a median around 16. Historically it could still fall by half and be around historical average PE ratio.


Stocks only go up, get out of here with that (very well reasoned) nonsense!
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