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Asml reporting tomorow, im so excited i cant pee anymore!
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Most brokers allow fractional shares. Stop buying shares and start buying dollars of a stock.
Here’s me just sitting with a grin as I bought 10 shares of DIS and AMZN each around their lowest share price at Xmas 🥹
Also bought some DIS near its low. People legit thought Disney was either going down or just gonna circle the drain for years to come. Reality: it immediately went up 20% from its 5 year low LOL
Too bad you didn't buy nvda....
MRNA was the biggest surprise for me. Because I totally got the bear case. That people werent going to get COVID shots as much. It is now up like 69% from the lows.
Cool. Just remember though, there's ALWAYS some stocks up real big.. everyday. It's almost impossible to know which one will be ahead of time.
Probably selling all my GOOG tmw (20k) and going into TSLA. Only CEO who I see is still strong and assertive compared to the TikTok videos I see about day in the life as a Google employee makes me disgusted I’m trusting my money with this company…
Welcome friend
Lmao I’m not saying you’re wrong for selling google, I’m starting to doubt Pichai too, but I’m going to trust Tim Cook or Satya Nadella with my invested money far more that I’d ever trust Musk.
I’m actually waiting for when Musk steps down from TSLA to buy. To each their own.
Do what you want, but day in the life style videos are always going to over glamorize their own jobs, i mean of you code for six hours are you gonna that or your free coffee bar?
Casual Hypothesis I haven't put too much thought into. Interested in opinions: The weakening big tech labor market means that a surplus of software engineering talent will now be more accessible to non-tech businesses that desperately need more tech investment. Examples: airlines (SouthWest after this month's fiasco), big banks (who need to do what the new fintech kids on the block are doing), healthcare, ... To focus in on fintech, I always didn't really like the space because a lot of the bull cases relied on the company being a 'one stop shop' or having a 'nice app interface' or 'innovative machine learning algorithms' which are certainly things the cash-flush big banks can do if they choose to make the investment in it. If banks are able to step up their spending on tech investments, I think this presents a major bear case for the various fintech companies that rode the 2021 craze. Not to mention the huge amount of competition. Upstart, Affirm, SOFI, Apple Pay, Samsung Pay, Stripe, Square, Klarna, Intuit, Visa, Mastercard, Finastra, PaySafe ... [I'll be honest I couldn't list all the fine details about most of these, but they all appear to provide services banks can do]
This is anecdotal based on my own experiences, but there are still a *lot* of inefficiencies in the workplace that could be solved by someone who has some degree of programming knowledge. A lot of it is due to older people who got comfortable with doing things a certain way and never changed. Techies could easily come in and hammer out a lot of inefficiencies. But with higher efficiencies also comes the risk of more layoffs down the chain, or at least a decline in staffing replacement.
This has been kind of what has been happening so far. If you look at the non farms payroll report. Small businesses have been absorbing the corporate sectors layoffs. This isn't exactly completely tech related, but when you consider that tech and finance have been the biggest sectors with employment layoffs it makes some sense. Small businesses have a harder time in some instances hiring than the mega corporations. And so far, small businesses have stepped up to the plate and hired the workers that they have prolly needed for over a year now from the pool of employees that are now available after the latest round of corporate layoffs.
> Materials, energy, financials, industrials, homebuilders, semiconductors, airlines, transports, and small caps are all above their 200-day moving averages. Bit of a tangent, but I saw this Tweet from Conor Sen and thought you would find it of interest. Big tech may be suffering but look at what's currently thriving in the stock market. Definitely not fitting the theme of imminent recession, as these should be some of the weakest categories! That or it's Dot Com but with much better fundamentals.
I have long said this market is Dot Com 2.0. We had a mild recession in 2001-2, but employment held relatively strong. The Fed was raising interest rates then just like now. And we were coming off a bubble with excessive speculation in tech stocks. This is very similar to the crypto, EV's & SPAC' stocks of 2020. What were the best performing industries or sectors in 2001-2007? Home/ Real Estate, Financials, Oil/energy, Commodities, Gold, Materials, Industrials, and Manufacturing. I just keep get told that this time is different since Big Tech is now many times larger and some stocks like $AAPL are more of a Consumer Discretionary today than they were 20 years ago. But I believe that the market goes thru cycles just like life. And the cycle we are in now isn't where money is made in tech & growth stocks. Tech / Growth should start to outperform in the 2nd half of the next bull market just like they did from 2014-2020.
> SouthWest after this month's fiasco), The software has worked fine for decades, it's likely a smokescreen. And besides, I'd put money on new code written today being a bugfest, if every other website and app is any indication. A project to revamp their MOS would take minimum five years anyway. > big banks (who need to do what the new fintech kids on the block are doing), healthcare, ... They already have very solid IT, better than most of the social media funhouse factories. > To focus in on fintech, I always didn't really like the space because a lot of the bull cases relied on the company being a 'one stop shop' Except it's a very real advantage that once you have acquired a client, having them utilize multiple products is a huge flywheel. So it's worth doing. or having a 'nice app interface' or 'innovative machine learning algorithms' which are certainly things the cash-flush big banks can do if they choose to make the investment in it. If banks are able to step up their spending on tech investments, They already though of this. Twenty years ago. They're on it. Banks don't skimp on IT. And there's not a lot that a laid off Facebook ad salesman is going to be able to teach them. > I think this presents a major bear case for the various fintech companies that rode the 2021 craze. Not to mention the huge amount of competition. Considering many are down 80%, these concerns might be priced in.
Why are so many bank interfaces so terrible then? It's wholly possible that in terms of security/backend banks are rock solid but ui/front-end/ux is pretty awful for most still.
I think that's possibly some outdated misperception. A lot of banks and fintech *do* have decent platforms, and have for some time.
Which legacy banks have great UI/UX? Even Fidelity, who I generally like, for example, has some pretty rough boomer UI in a lot of places compared to the sleek new companies. Ofc I still use them since I value features over gloss, but I think the point is fair...
If the majority of their userbase (and depositor base) is older they don't need a UI that appeals primarily to 2x year olds.
I agree for sake of legacy business, but in terms of future growth and thriving those 2x year olds are the future that fintech is trying to steal now to profit on later. Sofi in particular is all about targeting high earners not rich yet as their key demo
21 days ago i said arkk was gonna rip 4 downvotes Never change stocks subreddit
Love the hivemind
it's quite useful
Pretty much every stock going on a bull run right now reminds me of mid last year when everything started going up and dropped a month after
Let me guess .... your puts aren't working?....
no i don't have any puts
> Materials, energy, financials, industrials, homebuilders, semiconductors, airlines, transports, and small caps are all above their 200-day moving averages. Notable which sectors are the ones on a tear. Cyclicals that would tank in a recession
So trim a little as it goes up.....
SPY holding above 4,000 during that dip today is pretty encouraging.
im 1000% okay with spy being 4000-4100 for the year lol. After last year for sure
How do you know it'll stay above 4000?
EoY? No catalyst to not be around here at least
Its the real christmas eve, the day before earnings week. Tomorrow should be fun everyone sleep tight!
I know exactly how earnings threads will go. On earnings day, a company will beat earnings but relative to last year's earning, it will be much lower. The stocks will rise. Comment: "I *told* you earnings are going to fall. But wtf why are stocks rising? This is market manipulation." Response: "Well they beat earnings. Expectations were lowered." What's interesting though is the intersection of people who were like: "Stop using forward earnings estimates, analysts are way too optimistic and expectations too bright" and will then pretend to be confused when earnings are beat and stocks go up. (you know who you are) Were analysts too optimistic or not? Do stocks actually respond to future expectations and not the past? If earnings are missed, then cue the "I told you earnings were going to suck." These individuals are more entitled to respond with 'wtf why are stocks rising' if it does happen. Then there will be the really confusing instances where a company beats 'expectations' and tanks 20% on weak guidance. This will both cheer up the optimists who think earnings collapse is a hoax and the pessimists who use this as proof of impending earnings collapse. Pessimists will argue that who cares if demand was strong last quarter, I was always saying it will take time for earnings to fall. A subset of these will be less honest though, and will turn out to have been expecting earnings collapse back in mid 2022. If a company completely aces earnings, the uber-optimists will be like "Wen recession" and proclaim bull run 2.0 for the next decade.
I have another lol, company tanks for 6 earning calls in a row (Intel). "Guarenteed to fall, put your house on it". Intel soared like 9% in a day.
Lol yea this sub has gotten so predictable over the last few months.
Yep. And what's hilarious is you know exactly who will be saying what. Dildomuflin will be the first to give the "I told you earnings are going to fall. But wtf why are stocks rising? This is market manipulation." comment. Hazardous will respond with 'they're going to dump after this." Okelie-Dokelie will give a mocking response about how they got it wrong. Sean-k will initiate another 10 comment argument about it with Okelie dokelie. Another top comment will be from MrRikleman, pointing out a technicality of how really this is due to some forex-movement, Chokolit will agree. Drew-Gen-X pops in with some 200 DMA reference I don't understand. Hiddenscout finds the news rad and brings up an adjacent company he owns that has been outperforming. He will use words like "totally" or "super" and "for sure". WickedSensitiveCrew and Abu Saho will have a thread complaining about meta-stuff like "How come all these commenters weren't here when \_\_\_" or "you get downvoted if you say \_\_\_" Before banned, Interro-bang bros will use the stock market going up 5% on the news to mention how everyday is a good day to buy. LanceX2 is thankful he maxed out his not one, but two Roths before the news. Yellow-something (where did he go) will leave some robotic comment on how you should have bought at 55.42, everyone else is a lemming. Apooroldinvestment starts another troll thread about just buying VOO and UNH (22% CAGR!) Hersher4Life will have some bizarre rant about ETFs being collateralized debt obligations.
A work of art.
UNH 22% cagr...
In a way it does feel like an honor I am remembered on this sub given how many people post here. I didnt think I was memorable lol.
I also have a weirdly good memory for things like dates, usernames, etc. But yes, I think I was hanging out here nearly daily since like August 2021 which is around when the gigantic 1000 comment threads starting dying out, so I remember more people. I also remember the people that annoy me the most (I won't name names)
Perfect! Let's add PutsRNotDaWae with a perma-bullish comment on a strong up day.
Throwback to May 2022, when I made a [similar comment](https://www.reddit.com/r/stocks/comments/uqrx93/rstocks_daily_discussion_monday_may_16_2022/i8td03y/). Nostalgic for any of those names? > A preview of today's lineup of comments: > > /u/aluminiumcaffeine asks about his speculative biotech picks and recommends DCAing > > /u/shortyafter swoops in once the market turns red and tells us about his past predictions coming true > > /u/dildomuflin hyperventilates when the market opens at -0.3% > > /u/didntlikedefaultname excited for TGT's earnings coming up, possibly also LOW > > /u/apooroldinvestor decides to go 50% cash (for the 100th time) and will tell us about in a post--but really just made the post to tell us about UNH delivering a 22% CAGR and being free money > > /u/wickedsensitivecrew will give us his meta-criticism of the 'mood' of the stock subreddit and how the "If you started investing ___, you would be in the green" takes are on shaky ground > > > /u/taranahhh will bitterly predict gloom for the next 4 years with his pals /u/Hazardous503 and /u/thedyslexicdetective > > /u/millionairewill will remind us when it is time for the 3PM manipulation > > /u/big--if-true thinks the Russian invasion is over tomorrow > > /u/_hiddenscout will give his usual, reliable commentary and advice to stay the course > > /u/maz-o will continue DCAing, as will /u/esp211 and /u/telkorenar and /u/lancex2 > > /u/interrobangbros to tell us about his 10K adventures for his 420 individual stocks holdings > > /u/rhetorical_twix might show up with a 10 paragraph essay calling out the VTI and chill investors > > /u/flobbley excited for his monthly 401(k) deposits. > > /u/nprjunkiedc is up 27% today and will be down 19% tomorrow in small cap stocks I've never heard of > > /u/tallblues might have some commentary on hipbone technical indicators > > /u/jakesthoughts1 continues to be regretful about the time his little sister accidentally purchased stuff on his account > > /u/95daphne will have some cryptic commentary about the TNX and making completely random predictions based on his voodoo > > /u/metallica11 is ready to buy more INTC so he can lose more money > > /u/Jersday Looking down upon us from the heavens > > Yours truly, /u/AP9384629344432 will continue to make shitposts, tell everyone to buy index funds, watch Ben Felix, and shit-talk Barclays
Those daphne posts about tnx really are voodoo.
I am still recommending dca-ing, and the xbi isn't looking too bad either :D
I never made "If you started investing ___, you would be in the green" Maybe you mean I was against that type of post. To pick a random stock when META was under $100 people on this sub were coming out of woodwork saying I invested in 2015 and still up. And I may have argued against that type of survivorship bias that you have to go back 5-7 years to not come off as you arent down on a stock in the bear market. Some people were even going back to 2009. It seems to have died off after the rally as many of the beat down stocks are now above those multiyear lows that took place.
I don't remember what your direction was, I just remember meta posts about it from you and Abu Saho lol. A lot of new users have drifted in and out of the sub and the mood has changed with the market
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This is why you can never time the market. I'm not going to give you financial advice, however I wish you the best of luck in your investment/trading journey.
Final hour fade…….faded
Tomorrow should be fun. We LOGI earnings tonight. Then we get GE, HAL, JNJ ,LMT, UNP, RTX, and VZ before bell and MSFT, FFIV after bell.
How does everyone feel about selling off any REITs in their portfolio in response to interest rate hikes?
Why would you sell when the bear case of rising interest rates is almost over? We are getting closer to the Fed pause.
I read folks in the construction industry have been expecting a huge wave of layoffs and lost projects due to demand slowdown. That wave hasn't come yet for some reason. Many theories as to why but one is that the lag time has simply been longer than expected and it's still on it's way. It sounds the most plausible to me.
As someone in the construction industry, projects take about 3 years on the contractor side and so the recession for construction contracts lags behind 3 years the rest of the economy. At least that’s the simplified version of it, I can give a lot more detail if anyone is curious.
This is good info, thank you. As someone in the industry do you agree with the premise of getting out of REIT positions in the short to medium term?
No, at least not for a while, there’s still loads of commercial construction contracts, and statistics show (at least in Minnesota) that construction isn’t slowing up and it’s actually rising and will do so for the next year. Residential construction is slowing but it doesn’t look like we will have many issues for the next 2 years for sure. So yes, short to medium term IMO REIT is viable and the market is still growing which is always good for value.
I wouldn't since that seems like it already has to have been price in for many months. I'd look at buying over the next few months rather than selling.
I sold middle of last year. Made decent money.
Basic question: In most of the stock investing subreddits, a graphic showing the "Most anticipated earnings releases" for the week typically gets posted every week. Where does that come from? When I go to the earningswhispers website, it doesn't show the weekly view anywhere. It shows allllll the earnings reports broken down by each day, rather than just the top/most followed companies at the weekly level. What am I missing?
People just make it based on what they think will make the biggest impact or reflection of the market typically.
I had no idea...thanks! I suppose there aren't any websites that do this, is there? There might be 30-40 companies reporting in a day, but only 4-5 are really notable, large companies. I've googled quite a bit, but haven't found any websites that do this. In the meantime I'll just follow the account that posts this on reddit
Someone makes it.
Ahhhh no wonder I can't find it. Thank you!
My indicator for the market turning around is that I'm getting "here's my trick for making thousands of dollars a day in the stock market" on tiktok and youtube shorts again. Hadn't seen one of those in months and in the last couple weeks they're back in droves
And earnings mean less and less again. We're back to not caring whether or not the company you choose to own actually makes money.
We're getting toppy again, raised some cash ahead of earnings today.
Looks like closed above 4000, do with that info whatever you like lol.
lets see if we finish the week over 4k to confirm
But the prophecies! They foretold it could never happen (again)!
We've done that before. Let's see if we hold this week or if we ride the elevator back to 3800.
Textbook bear trap.
higher highs. higher lows.
I meant when it went under $400 then back up again in the last hour.
How so?
Drops below 400, retail buys puts, climbs back and closes over 400. But who knows how it'll go tomorrow.
So much for that "fade into close" Tune in tomorrow for more wrong predictions on the r/stocks Daily Thread!
A coin toss would outperform /r/stocks
The predictions are like the biggest thing that irk me here lol. Like we could totally talk about companies, longs, shorts, etc, but thinking you have any knowledge of how the day will play out is so stupid.
I wish this sub was for stock discussion too. But anything under 200B market cap and not tech likely isnt going to spark much discussed here.
That's why this is low-key probably the worst sub for investing. r/investing has better analysis and news discussion, r/bogleheads is better for the passive folks, r/wallstreetbets is funnier and actually has good plays buried within the memes, hell even r/stockmarket has more information about companies and whatnot. Meanwhile this sub has people crying over every 0.1% movement in either direction and furious downvoting on threads about TSLA. It's a shame.
Keep reading articles of how Tesla stock is cheap rn and must be bought before ER. Retailers being mislead ? Nothing new here
Nvda baby!! $190!! Take that bears!
Wild stuff, 58 FWD pe in this environment is a testament to how much retail/funds like it
Infinite exponential growth, baby! /s
Nvda has always had high pe
I know, but so did TSLA before the most recent fall, a lot of companies with high growth high PE have been whacked hard
Nvda already fell to 110. I bought more. I'm up 45% now.
I'm seeing the foward PE at like between 41 and 44. It's still high, but haven't seen it listed at 58.
I was going off of a glance at Webulls built in fwd, that might be wrong for sure
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The expert I laugh at the most is Puru Saxena. He always claims to have got out of a stock right before the drop. And going long right before a rally. At least with the Youtuber the Maverick of Wall Street. You get some comedy from his bearish takes. Like calling Apple the Imob and their App Store is a racketeering operation. So I can at least see where he is coming from with his bear takes compared to FinTwit.
This has retail trap all over it
Market moving institutions (Blackrock, Morgan Stanley, Goldman Sachs, JPM, etc) generally make money from fees from assets under management, and they own incredible asset pools. They benefit when markets go up. This is why their revenues have been relatively down during the bear market. “Smart money” is not motivated to manipulate the market down. They’re all trying to avoid being burned, rather than trap retail. Look at Blackrock. Their 2022 earnings were down double digits from 2021, and the stock got punched in the face. At one point, they dropped $3T, or over 1/4 of their AUM. The last thing they’re motivated to do is intentionally, let alone repeatedly, manipulate the market down to get a piece of retail trading money. Their best case scenario is a thriving bull market, with peak participation, and everyone buying iShares ETFs and Blackrock services.
For puts yes.
How so?
Script demands him to declare the apocalypse is near, can't miss the daily quota.
What too much time on r/stocks does to an mf
Bond yields are all up across the board and VIX is up.
Vix is way down overall since 10/13, its up 0.10% today
Final hour fade in play
Final hour fade got faded, the irony.
oof gave half the day back in an hour. One more hour to do the rest
Fade it into oblivionnnnn, SPX 3K on deck
Probably in a couple months
Tell me how close I get, you’re 26yo dude with $23K invested
Couldn’t be farther from it
136 year old with 300 mil
Do me next
38yo, $180K NW
Pretty close ngl
Goddamn. I wish
Let's see if 4000 can hold. Looks like the selling has already begun
We’re coming down fast. We haven’t been able to close over 4000 in months
Looks like we will probably close above 4000.
Good sign finally
Did this positive comment cause you physical or psychological pain?
lolz. Hes a doomer but I dont think he takes pleasure in it like others.
Corn dragging all the stocks by the collar to new ATH, recession cancelled as Powell went through this subs daily discussions and felt people are euphoric when stocks are dropping. You heard it from me first
[here](https://i.imgur.com/0Z7VCjm.png) is an interesting look back at the [nasdaq number of new highs relative to the total](https://school.stockcharts.com/doku.php?id=market_indicators:record_high_percent)... showing some historical bottoming recently, and some strength moving back up.
I like to look at what is outperforming as an industry or sector in the markets. Especially because this place is too tech bullish. The top 3 performing industries over the last month are : 1 - Textiles, Apparel & Luxury Goods; 2 - Metals & Mining; 3 - Airlines. The bottom 3 performing industries over the last month are: 1 - Automobiles; 2 - Health Care Providers & Services; 3 - Beverages [https://eresearch.fidelity.com/eresearch/markets\_sectors/sectors/si\_performance.jhtml?tab=siperformance](https://eresearch.fidelity.com/eresearch/markets_sectors/sectors/si_performance.jhtml?tab=siperformance)
this approach has made a lot of sense since late 21 actually. there are alternatives now, including fixed income.
Selling calls and buying puts with the premium on AMD and GOOGL. Worst case scenario I get assigned and lock in profits and dump the money into QQQM. Not sure this rally is gonna hold up. Last time I did this play on AMD made a quick $325 on AMD collar in two days
....gambling
No it’s not lmao. Learn more about options before you say shit like that. It’s a covered call so I own the shares and I’m buying the put with some of the premium received from the call so it’s literally free downside protection. The only risk is the stock goes to the moon and I miss out on more upside but I’m okay with selling at the strike price. It’s literally a win win situation no matter what happens. If it goes down my put prints money and it’s cheaper for me to own my underlying shares
Options are gambling...period So how come you're not a billionaire yet if it's a "guaranteed " upside scenario???
You must not understand what hedging means either
The options he isn't talking about aren't gambling, they are actually rather the opposite and meant to mitigate your risk and exposure. If anything, it's less risky and less of a gamble than buying and selling stocks straight up. You literally cannot be a billionaire with these options, and the upside is real. It is, however, *limited* upside. Hence why you can't become a billionaire off of it.
Glad to see someone in this thread understands this play lol. Hypothetically if GOOGL were to go to $0 which would never happen this one out contract would pay $9700 and basically cover all the money I put in to buy the shares. It really is safer than buying and selling shares without the hedge. But I am limiting my upside potential
Yes. So there is your answer! You are LIMITING your upside! It's not worth the stress and hassle and googl will be higher in 5 years so why bother?.. And if googl goes lower I buy more shares slowly. I'll probably make more eventually then what you're doing. There are a lot of famous investors that are known for NEVER messing with options at all.
Holy shit I already told you multiple times it limits your upside you are dumb. If my shares get called away I am going to put the money into QQQM which is still down 28% from ATH. Trying to limit my exposure to individual stocks. Even today I could close out all four legs of my options trades for profit therefor making it cheaper for me to own my underlying shares effectively lowering my cost basis. But I’m done arguing with someone that knows nothing but wants to comment like they know everything
Well you must be a billionaire. Options are a losing game. Even Josh Brown and Michael Batnick said so last week on their show. JB said "nobody wins long term with options...." If options were risk free everyone and their mother would be trading them and be millionaires. Why do you think bogleheads say options are gambling?
You are also limiting your downside risk. By selling CCs, you earn income which will offset your downturns. You limit both your upside *and* your downside. Buying and selling individuals shares is far more akin to gambling than making the safe options play. Selling CCs and buying puts is like working a 9-5. You aren't getting rich off of, but you also don't stand to lose your shirt for long periods of time either. Buying puts is like buying insurance, which may oray not be needed.
I don't buy 100 shares at a time of googl msft etc. First, I don't have that kind of money. Second I slowly average down in.my positions. I have faith that companies like those will be higher 5 and 10 years from now, just as people have faith that the market will be higher. I also have a good portion indexed to eliminate being fully in my own 20 stock picks. My 20 stocks are msft aapl unh cost unp lin asml lrcx nvda enph nee odfl orly pep etc..... So I'm fairly confident that those companies shares will be higher 5 and 10 years from now. If not then who cares. You win some you lose some, that's life!
Why would I care about googl msft aapl falling if I could buy morr and wait 5 or 10 years for their share price to be higher?
Nothing is certain. Google could trend or sideways for the next 5-10 years. If it does, you will buttress yourself against this by selling CCs.
As each day passes it looks like buying MELI under $700 in 2022 was a great buying opportunity. People kept saying they are overvalued. They are in danger from competition. No one was ever saying maybe they are the danger. And their competition cant compete with them.
I bought at around $780 with 8% portfolio allocation. Then I sold at $850 like a fucking idiot expecting it to go back down. Yet another important lesson in trying to time the market.
Why did you view the stock going back down as a time to exit. Instead of a buy more?
I had completed my allocation at $780 but I saw a quick profit and a perceived opportunity to buy back lower later on. Of course it didn’t go lower but hey important lesson learned.
Buying SE instead of MELI will haunt me for a long time...
I was considering SE too. The thing I didnt like with SE was they dont have a logistics presence. That was before MELI competitors started pulling out of their markets or having accounting issues.
Yep, SE management is also gonna now slice costs to get to profitability where MELI was already there.
I can see the cracks forming in the "recession for sure trust me bro" narrative. Even a few news bits to support the claim. Nice to feel vindicated from 2022 downvoted comments 😎
Article over the weekend was pointing out that a lot of big shops are revising 100% 2023 recession headlines with something more nuanced suddenly
Where’s that hazard guy now that we’re going down slightly
"Here comes the rug pull, SPY to 250!"
Close! “Final hour fade in play”
today i sold my MSFT and GOOG for 6% avg profit. waiting for TSLA bearish tomorrow and put my money on it
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I sold a 0DTE covered call at a $399 strike price on SPY this morning so of course I got screwed. You guys should thank me for my service.
We've broken through 4000 before. The key is whether we can hold it and go higher. Each time we've broken through 4000, we've seen a sell off back to 3800 or so.
I imagine they might be watching the price rise in $XLE and $GDX along with the $QQQ and asking which is the smart money is buying. Yeah tech has rebounded nicely, but why is oil/energy and gold also outperforming the market?
How come there aren’t as many TSLA to $80 or below DD’s anymore?
It’ll go to $60, unless Musk leaves.
Market is green those type of posts dont appear. If market is red for a couple days that is when you will see posts about taking profit or (insert growth stock) is going to fall another 15-25%. I was holding an out of favor stock called BX. People were like they are going to $50. BREIT is a ponzi scheme. Now no one brings up liquidity issues in media about stock anymore.
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With TSLA at least people know the CEO and the stock has a fanbase. There are other stocks in the market where they tanked and didnt really have that much push back.
This is why retail loses. Ideally you wanna sell/short/buy puts when you think the price is high. Not start after it’s already dropped 70% lol
No you want to buy and hold forever. The most successful portfolios were from dead people.
On the flip side a lot of people are starting to ask if (insert stock) is a buy after a 30-50% rally in 4 weeks.
And then they will complain later on when they're down 30% because they bought into hype despite nothing changing except for valuations inflating.
Yep works both ways. Retail is always late to the party.
What do you think of streamer stocks? $PARA $NFLX $DIS
If you bought Disney at its $84 low a few months ago you'd be up 20%. I bought some at 90, I'll take my 15%.
Hey me to 91 average
I think my WBD is killing it YTD, but I am still red... lol
yes, no, maybe
I don’t know
It feels like this week we are going to get a dumb mini rally that everyone will hate and distrust.
If I didn’t know, I’d say that unlimited QE is back again. The market is going up a normal amount, mega cap is climbing too, but the meme stocks are going parabolic. This feels like early 2021 all over again
It's not any different from the last half a dozen times, the Fed isn't propping up the market, in fact they're doing the opposite, once the FOMO runs out and things haven't materially changed, it's back to the 380 - 400 channel.
No, this feels like all the short squeezes in 2022, and this is just another one. Let the bulls have their week/month, we need them to get the confidence back and bid everything up
Torn between holding Google and AMD through earnings and the FOMC for a longer swing trade or selling for a 15% return on my account short term today. All shares, thoughts? DXY is down but seems to have found support until BOJ acts again or something else occurs. China reopening is bullish for AMD demand. AMD and Google will have forex tailwinds for earnings. Though I'm worried about how retail sales/the consumer have been looking in data for the Q. Neither is pound the table cheap here but they aren't overvalued either. Edit: Decided to sell some google for a trade to build some cash, keeping AMD through earnings season/FOMC
Thats exactly what I'm feeling today as well. I have too much googl- was going to cash in some profits. Have been thinking of starting a position in AMD - but I think we are just at the beginning of secular downtrends in the semi conductor space and maybe better to wait a year or two. But as a long term position seems good.
The sector is pretty complex, it can be bullish for one part of it while horrible for other parts. For instance, AMD could continue gaining marketshare and maintaining profit margins if they cut supply less than competitors like INTC. Less orders overall though would mean downscaled capex spending. That'd lead to a bearish case for intel due to competition and capex tickers like ASML and AMAT due to less spending on expansion- while bullish for designers like AMD that can more easily adapt to end market supply/demand due to their fabless business plan. That said, the demand concerns could have already bottomed and semicaps could be on their way back up.
Yeah I don't know the sector at all to understand the nuances. I do own $LRCX and currently down. I will have to look at AMD more closely.
Can anyone actually explain why we have this rally right now?
Let's see...its before the big tech ERs and FOMC meeting. There's hope that the ERs wont be bad and FOMC will sound more dovish, based on the latest reading.
FOMO from retail, momentum trading by pros is my guess.
I'm more convinced of this than anything else atm