What stocks are you buying tomorrow as dowjones lost 630+ points today?  Are you planning to still wait?

These are in my watchlist:

MRK - Merck
INTC - Intel
WM - Waste Management
SO - Southern Company
NLY - Annaly Capital
PEB - Pebblebrook Hotel Trust
KO - Coca Cola
BAC - Bank of America Corp.
GE - General Electric
PG - Procter and Gamble

Any thoughts on these?

 I watched Brian Moynihan's interview with Maria Bartilomo.  He avoided lot of questions and did not look very credible.  Will have to see how tomorrow's press conference goes.  Nonetheless, I think BAC is a good buy right now.  The fact that it is the largest bank in the US makes me think that in matter of few quarters or even couple years, the investment made now will render a good return.

Acquired bunch of DRYS and AA today.

Former is a speculative play, latter is value play.

DRYS could be 10 bagger, most likely not, but if it does then it does, hoina ta?
AA could easily double by this time around next year.

Just my opinion.  Take a look.

AA looks fine to me too. DRYS , a greek company with such a horrible chart pattern, I could not understand yr choice. You could have found better speculative plays. Just my opinion...not trying to offend u.

Look HPY. May be pricey but solid technicals and fundamentals look ok too. If it hits 21.00, I am buying it, looking for $ 10.00 upside.

Good Luck.

DRYS was on my friday's list on my blog, a list of smallcaps which got hit hard by the market fall...most of the smallcaps have the same kinda charts right now...it might not go back to where it was but it could get halfway...hoina ta ?
Insiders are buying, hell Warren Buffet is buying...but this might be just the media too ...50-75 cents up on DRYS would be my sell point

"DryShips Inc. (NASDAQ: DRYS) has Thomson Reuters estimates of $0.18 EPS and $263.55 million in revenues; next quarter estimates are $0.22 EPS and $322.18 million in revenues.  Shares are trading around $2.75 and the 52-week trading range is $2.19 to $6.44.  This one is no market mover nor is it a sector mover.  What it is a volatile stock when news comes out and that low price may only exacerbate that news."(source:  somewhere from google finance)

just my opinions though

some small caps and previously beaten down stocks, with not much to find about fundamentals online but technically sound(For Myself atleast)
I am putting forward here few stocks for yr watchlists
PZZI     $ 2.8      buy@ 3.01    T1 = 4.5, T2 = 7.5
PFSW  $ 4.94    buy@5.30     T1 = 6.7, T2 = 8.0
HLYS   $ 2.24    buy@ 2.85    T1 = 5.0, T2 = 7.5         LOW VOLUME
TSON  $ 4.73    buy@ 5.5       T1 = 8.0, T2 = 10.00
INXI     $ 7.77     buy@ 8.5       T1 = 15.00                    LOW VOLUME

At this juncture of market where fundamentals are not so clear and technicals are few % above bear market territory, I would not like to buy at market prices however cheap they are. Its not time yet to buy random.

Good Luck
 

My 2 cents you will always find few and far stocks with your realworld experience, like intuit and chipotle I knew they were gonna go strong by store sales and popularity those were the past, I am counting on zipcar and sprint to rebound for now maybe GM as well. I am not finance major but just an interested trader.

I have read about Zipcar may be a year or before. May be about $ 12-14, it will catch the fire or may be oil above $ 100/barrel will help it going up. I like the business model and its a success in europe. Definitely, somehing to keep look at it. Good reminder for me anon. Thanks.
Sprint, could be a takover target in future. Dumping some money on sprint may yield nice return. Ford may be a better choice than GM in terms of auto makers here in US . Intuit, chipotle are indeed great examples of real-world experience of stock picking. As they say: Look for stone and u will find god. Just have to keep the eyes open.

 Thanks O and T for your inputs.

 By the way, Cramer was touting EOG.  Fundamentals look good.  Beyond that, I have not much to go with except for Jim Cramer's enthusiasm.  If any of you have done due diligence on this stock, please share your opinion.  Thanks.

EOG, a pricey but good looking stock. u can have at least 50% return on friday's closing price. Looks like a cup and handle break out forming on longer ttime-frame charts.

the cup and handle pattern on EOG has already failed with the market collapse last week and the break out has already failed...
for short term resistance around early hundreds ...but still should have some upside but not 50%  and friday's candle doesn't look so good

just my opinion

 anon,

I got my 1099.  I went through the document and it shows I made certain transactions in 2009.  However, it does not have info such as my initial balance, end balance, profit/loss.  I guess i was expecting something showing my end balance sheet.  Can I just send 1099 with schedule D form?  if I do, it is same information IRS provided me indicating that I owe tax for certain amount while in reality I lost money.  I am little confused here.  I appreciate your suggestion.

Thanks.

@nepali_aamerican, CHA-CHING on DRYS

Biology
Msg me your trading house name.I will try to find out what exactly you need to do to get all the information.it is your responsibility to keep track of all the shares transaction you made through years to find out the cost basis you should be able to request the transactions from your tradinghouse as well.

just a wee bit, tyranny   15.44% gain so far on DRYS.  

I am thinking I should diversify and get a REIT in my portfolio... nice cheap one that pays dividends like bonkers (what the heck is bonkers anyway?)... got any suggestion?

@nepali_american
DRYS  was indeed a killer and the chart definitely looking bullish short term  ..10 % tomorrow??? beating myself up for not buying thursday

I had no idea whatsoever what REITs were until u mentioned it  and I am really glad u mentioned..everyday u learn something new ...
anyways I was looking around and I found these two

FUR....crashed with the market to oversold levels,  fat bottom candle today should dip tomorrow or in a couple of days , for buying opportunities ..coming off of oversold levels ..dont know how much dividends they pay ..didn't really look into it

OLP was in a nice uptrend till the crash last week, coming off of it now , probably gonna gap up and tank a little tomorrow  and should present buying opportunities

u should really stop by my blog,  pass me some ideas on my scans on fundamentals ....

www.nepscanmaster.blogspot.com/

will sure appreciate it

 Tyranny, 

It's cool that you have a blog dedicated to your stocks.  Impressive.  What are your criteria for choosing those stocks.  

To be honest, being a relative novice when it comes to investments, I can only guess what you mean when you guys talk about cups and handles and candles and whatnot.  So there is much for me to learn.

In last 10 days, I bought AA, WM, PEP,  AXP, MMM, HON and DRYS.  As you can see, except for the last one, which was my speculative play, all my stocks are large cap with relatively low beta.  I picked them after studying their balance sheet, cash flow statements, analyst estimates, and where they stand in 52 weeks range.  That's pretty much all I know.  I should probably learn what you guys call technicals, fundamentals, momentums, etc.  How do you do it?

If there is a pullback today, I will be in a hunt.  If you are doing the same, happy hunting.

I planning to play a new pump for a daytrade today , EMBA new penny stock promortion , closed at 41 , if it pulls to around 30, m holding till tomorrow for gap up if it dont pull back or dont hold 30 then its a tanker

market will prob. open up red today ...and they have a big meeting in france or something...might probably pick some up in the midday slump..MILL and MOTR

Bought some Aflac Insurance AFL today at $37.  It's supposed to do well, the numbers look good and the analyst estimates are decent; though Cramer was recommending against it.  My Honeywell HON stocks took the tumble today though.

Tyranny, regarding REIT, I checked on the two you mentioned, FUR and OLP, as well as AGNC, CYS, CIM and NLY.  Among all those, I think Annaly Capital NLY is the right pick.  It has the largest market cap, highest revenue and most asset.  Turns out you own REIT for dividends, not for the stock price increase, as they tend to not fluctuate much.  NLY provides 14.5% dividend... decent... (AGNC's dividend yield is the highest at 19%).

Talking about dividend, there's this British Utility called International Power - IPRPY.PK - which has the div yield of whopping 32.77% .  What does .PK mean in the ticker symbol?  Can you guys take a look and let me know what you think?  Thanks.

Well, tomorrow is supposed to be a pullback.  Good buying opportunity.