www.donharrold.net Take off the rally caps. Slap on the thinking caps.
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great video.
In the old days (before 2004) diversifying was a must. Currently, the whole American financial sector is manipulated. If there’re not front-running then they’re frequency trading. The biggest banks and investment houses are dupes for the American government’s financial policies. Buy gold and silver only is my strategy. No counterparty risk. Above the greedy reach of governments and corporations.
Cramer is calling these stocks because, except for maybe Ford, all are good companies with good profit margins and potential growth. Out of the bunch I really think Disney is a great value, Ford is cheap enough that you could handle being wrong, and the rest I would wait for at least a 10% pullback before grabbing. Amazon is not worth this kind of multiple to be sure.
Thanks Don.. sound advice
The government wants the US people to be poorer. Don’t trust anything from the media.
The only stocks I have are Junior Mining, the rest in PMs
Well of course, I would buy gold at $32 an oz. back in 1970. But I would have had to hold on to it for 40 years.
Live in the now. Short term, when you see a “Real” opportunity go for it.
Uhhh then why not trade on account without those restrictions???
Great video Don!
Excellent chart of # of down days vs up. All traders should have that in their arsenal.
A suggestion -you could mention that although a stock may be at an all time high -it does not mean it is over priced. “Those that appear over bought and high in price usually go higher!” -ONeil
Although I do agree with you that most of the stocks mentioned in this vid are most likely on a downturn in the next 6-12 months – due to the MARKET not the stocks themselves.
Well if you are a trader and know of an account that you can do that in why not, the sad fact is it is something most people take for granted that they will be able to get their money if they need it which may not be the case.
If one doesn’t need the money there may not be a problem but say there was a crash and they locked these funds up and did a devaluation of the dollar.
It never hurts to ask what if and follow that question to it’s logical conclusion. Especially in a bankrupt country,
haha Amazon just went parabolic and Jim wants us to buy it – man Jimmy is a great contrarian indicator.
Thank you Don for what you do! Great Video as usual. I must say however that I miss the late night guitar solos
Thanks for that!
@UU361 Agreed!
understand perfectly and will act accordingly, thanks Don!
Dow up 155.91
Gold up 25.60
Go figure.
buy gold
the feds cant get there dirty little hands on it
and also yu can have posestion
i love hoarding gold
you keep the paper ill sell at 5 thousand
my brother inlaw said today you payed 950 an ounce
said yea wait until its 2000
he could not contaplate what im even saying
but someday he will say i should have bought some
but who cares more cheap gold
now go buy more
im going to hoard some more lol
i trust the banks
to steal my dollars and make them worthless
hhahahaahahaha
i bought apple
and there good slice and eat
and i feel googly sometimesbut i own gold
and it feels great cant wait untill it tripels
im danceing on gold
you keep your shoulda woulda coulda
i own gold i play with it and dance on it
weeeeeeeeeee
and when i sell i always make money
market can collapse i made money
market goes up i made money
i sleep great and have real money
gold gold goldas good as gold
golden rule goldfinger goldielox
gold is good paper is worthless
peace
Thinking is too hard, I give up.
Silver will do better.
spx now 1133.
I said a while back that the S&P will be 1150 before it goes to 950. Looks like I was correct.
I know this must seem like a dumb question. But how does one buy stocks? Do you have to go and see someone about it? Its a mystery to me
happened before. But I know what u mean
Amazing Market it just does not stop. WOW