Anyone looking at any long term buys coming out of this bear market? My specialty is more short term trading but I am sitting at 30-40% cash in my longer term accounts looking to deploy.

WAs looking at $HOOD $NBIS

ryannellis129 

Anyone looking at any long term buys coming out of this bear market? My specialty is more short term trading but I am sitting at 30-40% cash in my longer term accounts looking to deploy. WAs looking at $HOOD $NBIS

NBIS - For me NBIS looks too volalitale and has lost SOO much value .. I would not want to touch it unless I knew and could stay super current on something really special about it ("special" something total legal to know of course) .

HOOD - For me HOOD has been quite impressive but has gone up too far too fast to buy in without a really, really big flushing dip.
However, in that sector I am watching the more diverse GBIS and then IAI closely for a buy on the dip. IAI holds GS, HOOD, IBKR etc.


I went looking for some recession resistant longs for my non-taxable IRA .. .. would only enter now on a dip, seriously .. only on dip - NOT financial advice

I was surprised to see how some of the high risk plays below taken together as a basket recently showed low correlation growth and acceptable stability through broad index dips .. YMMV

- Cash-HYSA *** The rest are all high risk so keep percentage of portfolio low..

- Gold Etfs ... really need a dip to buy

- BCDs in this order - GLAD, ARCC, TRIN, PBDC .. happy land to get in on a dip

- Crypto - seriously .. only on big dip - MSTR, BITW, BLOK

ryannellis129 

Anyone looking at any long term buys coming out of this bear market? My specialty is more short term trading but I am sitting at 30-40% cash in my longer term accounts looking to deploy. WAs looking at $HOOD $NBIS

How long is long term and why long term?

hedgeplay 

NBIS - For me NBIS looks too volalitale and has lost SOO much value .. I would not want to touch it unless I knew and could stay super current on something really special about it ("special" something total legal to know of course) . HOOD - For me HOOD has been quite impressive but has gone up too far too fast to buy in without a really, really big flushing dip. However, in that sector I am watching the more diverse GBIS and then IAI closely for a buy on the dip. IAI holds GS, HOOD, IBKR etc. I went looking for some recession resistant longs for my non-taxable IRA .. .. would only enter now on a dip, seriously .. only on dip - NOT financial advice I was surprised to see how some of the high risk plays below taken together as a basket recently showed low correlation growth and acceptable stability through broad index dips .. YMMV - Cash-HYSA *** The rest are all high risk so keep percentage of portfolio low.. - Gold Etfs ... really need a dip to buy - BCDs in this order - GLAD, ARCC, TRIN, PBDC .. happy land to get in on a dip - Crypto - seriously .. only on big dip - MSTR, BITW, BLOK

Great stuff thankyou! I have had some GLD in the long term accounts along with HMY . starting to wonder if this is the parabolic push in gld now.
HOOD i had hit the last dip at 33 but sold on this spike want to reload! this BULL spac IPO went nuts too I use webull sometimes its ok.

deaddog 

How long is long term and why long term?

Usually in the IRA's or investment acccounts you only get a couple big dips a year to add. In my active accounts i tend to do more trend trading.

ryannellis129 

Usually in the IRA's or investment acccounts you only get a couple big dips a year to add. In my active accounts i tend to do more trend trading.

That doesn't really answer my question.
If trend trading works in your active accounts why go to "Long Term" where I assume you are willing to ride out the drawdowns?