Australian (ASX) Stock Market Forum

US Stocks To Watch by Vulcans who trade for fun

Take a look at LMT, ROK and CNI as well.
They are growth stocks with low valuation and huge free cashflow.
Share buyback program for ROK.
 
Garpal Gumnut said:
The only stock I've ever followed is DELL mainly because I've spent so much bloody money there over the years. Technically it seems to be bobbing along in a downtrend which may be reversing. If they go above $28 on good volume they may be worth a flutter. I've no idea what they are up to fundamentally but my wheelie bin gets a 1/4 kilo or so every week of their mailouts. Also the us dollar isn't the best paper to have in your wallet, so once you buy you are subject to its fluctuations.

Garpal

You can hedge the currency risk.
 
wayneL said:
You can hedge the currency risk.

That's right, if you are an Asian or Aussie trading US market, make sure you bought some gold ETF to hedge against the fall in USD.
 
I recently entered the share trading game on investopedia. If anyone is interested i'll post some of my current stocks, watch list etc. Purely a technical prespective though.

I'm glad this thread has been brought forward, i'm keen to get a handle on the US markets, particularly the NASDAQ, as i want somewhere else to trade next year, or the year after.

Cheers,
 
CanOz said:
I recently entered the share trading game on investopedia. If anyone is interested i'll post some of my current stocks, watch list etc. Purely a technical prespective though.

I'm glad this thread has been brought forward, i'm keen to get a handle on the US markets, particularly the NASDAQ, as i want somewhere else to trade next year, or the year after.

Cheers,

What is your ranking now? Mine is 200plus out of 25,000 participants.
 
BREND said:
That's right, if you are an Asian or Aussie trading US market, make sure you bought some gold ETF to hedge against the fall in USD.

My strategy is to just spend all the US dollars I can get my hands on...that way I won't have any to worry about when the economy goes down in flames.
 
BREND said:
What is your ranking now? Mine is 200plus out of 25,000 participants.

LOL, i'm not even ranked yet! I've only made a 6.5% gain in two weeks. Got more work to do yet mate!

Cheers,
 
websman said:
My strategy is to just spend all the US dollars I can get my hands on...that way I won't have any to worry about when the economy goes down in flames.
LOL, sounds like fun Websman. I think many of your countrymen (and ours) are thinking along the same lines.

Picked up an interesting book today- "Maxed Out"... scary read.
 
wayneL said:
LOL, sounds like fun Websman. I think many of your countrymen (and ours) are thinking along the same lines.

Picked up an interesting book today- "Maxed Out"... scary read.

Sounds like a book about credit card debt Wayne? Will you post a review of it in the book review thread?
 
CanOz said:
Sounds like a book about credit card debt Wayne? Will you post a review of it in the book review thread?

Yup...does sound like credit card debt. I used to have some of that kind of debt, but I paid it all off.

Americans seem to have a serious problem with debt. I smell major economic trouble ahead, which can actually be a great opportunity. I'll be shorting every stock I can get my hands on when that day comes.
 
Vulcan update...

I haven't got the return I was hoping for yet, but I am in the green so far this year. For now, it's day trades and shorts only, until the market finds a bottom.
 
wayneL said:
LOL, sounds like fun Websman. I think many of your countrymen (and ours) are thinking along the same lines.

Picked up an interesting book today- "Maxed Out"... scary read.

Wayne,

Could you provide the link or author's name?
 
Holding CRNT...

Also bought 100,000 shares of RSDS, just for the heck of it. Maybe this thing will shoot up to $10 a share, for a million bucks profit. Stranger things have happened.


I Bought a new Ford F150 last week. So far the gas mileage isn't too bad. I'm getting around 15 MPG. I can handle that. Gas is back up to around $2.65 a gallon....won't be long before it hits $3 again. It's only money. I don't mind spending it. LOL
 
Just enetered a trade for IBM in the US. It has just broken through from a period of sideways movement.
The resistance was 103 and will have a target of 108.0
cheers all
Martin :)
 
Just enetered a trade for IBM in the US. It has just broken through from a period of sideways movement.
The resistance was 103 and will have a target of 108.0
cheers all
Martin :)

I was day trading at the time IBM crossed $100 and only held on for $101.60. Should have made it a longer-termer. It was a nice day trade though, very small retracements all day ie low risk trade.

What stocks are on your radar for tonights US market? IBM and AAPL are both right up there on mine.
 
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