(07-16-2021, 01:24 PM)The Real Marty Wrote: I would like to ask all you guys, who are dabbling in the market and posting here, a few simple questions.  

1)  What causes a stock to go up or down in the short term ( a day or a week, for example) ?  

2) What causes a stock to go up or down over the long term ( a few years) ?  

3) If a stock goes down, does that increase the odds that it will go up ?  

I have a strong impression that the ones of you who post the most in this thread don't know the answers to these questions.

1)  Short term is usually because of news.

2)  Fundamentals.

3)  Not really.

I seldom buy/hold securities in the short term.  I define "short term" as a year or less.  For that matter I seldom buy individual stocks.  I prefer ETF's and/or RIETS.  I did a short term deal with Boeing when the bottom fell out last year and rode it for a while.  I made a quick profit and got out fairly early.  However, I still hold an ETF that is weighted heavily by Boeing that I have had since 2016.  I have not only made gains from my buy/sell points on the price of the ETF, but it also has paid a decent dividend (nothing to write home about).

I still stand by my philosophy that "day trading" or "investing" short term is a fool's game and nothing more than gambling using the stock market as a casino.

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