Futures up again bulls!!

By the way, as I had commented about, it appears the missiles landing in Poland were indeed Ukrainian anti-air missiles (S300) gone astray in an attempt to shoot down Russian cruise missiles. (Nearly 100 were fired at targets in Ukraine by Russia, and S300s are known to be somewhat unreliable) This should ease any 'sell-offs' caused by the news. A legitimate source: [AP](https://twitter.com/seungminkim/status/1592745092112347136). Before this, Biden has also said it was unlikely it came from Russia itself (but it could have come from within Ukraine by Russia), and Polish officials said it was Russian-made (like the S300, which both Ukraine/Russia have) but unclear who fired it. Now we know. Shame on the journalists/Twitter accounts for needlessly spreading misinformation.

> Global food prices will likely be "lower" in 2023, Cargill CEO David MacLennan said at the Bloomberg New Economy Forum in Singapore Another L for famine and W for humanity

Deflation 2023?

That's what I think. Except some people will disagree as they intentionally define inflation as the year over year figure no matter what, despite it mathematically requiring some severe deflation to get that number to 2%. I genuinely think the war will end by early 2023, just based on sheer casualties / destruction / winter.

Where do you guys look up futures? Right now CNBC says both DJIA and Nasdaq up 300 tomorrow (with nasdaq > 12K).....and CNN says they are going down. Never seem a difference like this

Investing.com

Thank you! I guess CNBC has a glitch because they're way off from this one too

Both Elon and Bezos talking about a bad economic down turn. Is it possible we will see a worse down turn in 2023? I’m already down a mansion on my stocks so I honestly don’t give a flying fuck anymore.

Just buy VTI.....

I certainly expect a further downturn. Once the rate hikes kick in, we'll see earnings getting hit. When earnings get hit the E in the P/E decreases and stocks will be repriced accordingly.

That's not how it works.... Bottom is in.

The market seems too desperate for a rally, no matter what. WW3 could start tomorrow, and the market would still be stupidly green.

So? Are you against making money?

I saw an article in the dailymail of all places that household debt jumped 8.3% in the USA. Credit card/auto/mortgage all spiked and it was the fastest pace in 14 years-after 2008. Oh well another massive 1000 point rally in the DOW?

If it's up 8.3% and inflation is up 9% and pay is up 5-10% then who cares. That's what we in the industry call a wash. People had excess money from not spending it on services for 2 years, they've burned through those savings buying excess goods which is what caused inflation.

Inflation is going down....

10% my ass. The articles in seeing say 5% wage increase

[Consumer Reports release their annual auto reliability rankings](https://www.consumerreports.org/car-reliability-owner-satisfaction/who-makes-the-most-reliable-cars-a7824554938/) *Top 5* (with change of ranking and country; largest moves italicized) - Toyota (+2); Japan - Lexus (-1); Japan - BMW *(+10)*; Germany - Mazda (-2); Japan - Honda (flat); Japan *Middle* performers: - \#6: Audi *(+5)*; Germany - Subaru (-1); Japan - Acura (-1); Japan - Kia *(+6)*; S. Korea - Lincoln *(+14)*; US - Buick (-7); US - Genesis *(+9)*; S. Korea - Hyundai (-4); S. Korea - Volvo (+2); S. Korea - Nissan *(-7)*; Japan - Ram (+1); US - Cadillac *(-5)*; US - Ford (-4); US - \#19: Tesla (+4); US *Worst 5* (of those given ranks at all): - \#20: Chevrolet *(-10)*; US - GMC (-3); US - Volkswagen (-2); Germany - Jeep (-1); US - \#24: Mercedes Benz *(-5)*; Germany *Unscored*: Alfa Romeo (Italy), Chrysler (US), Dodge (US), Fiat (Italy), Infiniti (Japan), Jaguar (UK), Land Rover (UK), Maserati (Italy), Mini (UK), Mitsubishi (Japan), Polestar (Sweden), Porsche (German), and Rivian (US). Bullish Japanese/Korean/German automakers?

these lists are nonsense. my wife's brand new honda had a major issue in the first year, meanwhile i've bought 2 new VW's since 2016 and neither one has had a single issue.

Learned the awkward way that pound signs make font big in Reddit, eh? lol

Oh shit it looks terrible on Chrome on phone lol. It looks totally normal on Reddit is Fun (phone) or the desktop website with old Reddit. I don't use the new Reddit UI. Let me make it italics instead.

> Top-ranking domestic-branded vehicles include the Buick Encore GX; Chevrolet Trailblazer and Blazer; Ford Edge, Maverick, and Maverick Hybrid; and the Lincoln Corsair and Nautilus. Least reliable classes were Pickup Trucks (worst) and then EVs. Most reliable were hybrid cars and plug-ins

Can someone explain this [situation](https://www.globenewswire.com/news-release/2022/09/22/2521436/0/en/Atlas-Salt-and-Triple-Point-Announce-Closing-of-Triple-Point-Spin-Out.html) concerning SALT.V and Triple Point Resources. Does this mean investors own shares in a private company? Or does this only happen if Triple Point Resources meets the requirements to go public? Would there be major tax implications to holding on to these stocks? A brief explanation in layman’s terms would be really appreciated!

Was planning to buy para. Didn't. Now it's been blowing up! Sad.

Yeah the bottom isnt hit yet....

Yes it is .....

Why are healthcare stocks like ELV and UNH down? I hope it's not because of the tweet from the fake Twitter profile of Eli Lilly ?!

Money going back into tech.

I think it’s because they and K and GIS and CI were “safety recession” plays but now we’re moving back into risk on and some of these safety plays are dropping. Time will tell how long it lasts Personally I think it’s a good time to pick up these stocks because I feel like people are gonna pivot back into safety stocks real soon when they realize no Fed pivot is happening I’m also not convinced that the risk on move is real. Looking at utilities and reits they are not really pricing in a fed pivot and risk back on (yet)

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Just no

look into it and see for yourself

what? no that's ultra paranoid and weird. time to get off the crypto sites bro.

No do some research. They are iou’s

> do some research Oh brother

>With all this FTX shenanigans, It should make you want to directly register all your shares, so that they are in your name, and that your broker isn’t giving you an iou like ftx was. No, it shouldn't. Shitcoins at unregulated crypto exchanges and Apple shares at Fidelity are very different.

nope still iou’s through a broker also

I don't expect you to know what SIPC is either.

That’s only up to 500k, with a limit of 250k for cash. People have a lot more invested than that in the market.

Yes, but the broker is regulated, and has cash reserve requirements.

$APPS now up 84% from its most recent low last week lol. I'm still down 45%, but a few more weeks of this won't hurt.

I learned my lessons with growth stocks: always sell rallyes and buy back later. Its up to you when. 80% does not seem so bad after all does it?

It's probably the most speculative stock I hold alongside Olaplex and Rocketlab. I'm not impatient to get profits, I think the business will still be around or outright bought out in a few years, my losses are small in absolute size, so I'll just forget about it for now. (It's still posting profits and free cash flow, and net margins are even improving--it's just revenue that fell off a cliff). I'm sure there will be a completely irrational rally at some point that will present a better selling opportunity.

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For someone who comments about them a lot, it's surprising you can't answer your own question. [https://finance.yahoo.com/quote/pshg](https://finance.yahoo.com/quote/pshg) Scroll down to news and you'll see they reported earnings yesterday and announced a RSS which is almost always a bearish move by management.

Oh fuck, oh jeez, oh God. Where do we hide /u/Hazardous503?

!remindme 1 week

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Oh fuck, oh jeez, this market is done for.

I don't care what the hell the world looks like as soon as I break even I'm getting the hell out. 7% away.

your statement is meaningless without positions.

I broke even today, lets fucking go baby!

Nice! I’m .5% away and am too excited to finally hit that mark

The only thing that could get me out of the market is being retired and needing to draw down to fund my golden years.

golden shower

They're denying it... Russian Defence Ministry: "No Strikes Against Targets Near Ukraine-Poland Border Have Been Carried Out By Russian Weapons"

Simply to play Devil's advocate, what proof do we have it was Russia?

This is a pro-Ukrainian account that is quite expert at photo-IDing all military losses on both sides. Their claim is that it is might not be Russia based on the fragments. [Source](https://twitter.com/UAWeapons/status/1592629251161075712) Of course, anti-air missiles would have been triggered by Russian cruise missiles striking W. Ukraine, so who is at 'fault' is not so obvious. S300 missiles are pretty massive and require a lot of speed to take out cruise missiles. In fact, Russian cruise missiles often misfire and hit Russia itself! This happened today in Shebekino and killed 4. Either way, I don't think this will be consequential for the war or stocks. Newspapers and Twitter accounts just want to be dramatic. For context, NATO-Russia 'clashes' have happened before (pro-Russian separatists shooting down civilian aircraft, killing many Dutch citizens, 2014 Turkey shoot-down of Russian plane near Syria, I believe some retaliatory airstrikes that killed Turkish soldiers at one point, US forces killing 200-300 Wagner forces in Syria when Russia straight up denied their own forces were the ones attacking a US fortification there)

Well I'm glad /r/stocks decided to downvote me for suggesting that Reddit armchair tacticians might be wrong.

The armchair tacticians on Reddit said it was.

Works for me.

I saw a guy on twitter, he said it was a Russian missile.

Did he have a blue check mark? Then it must be true!

Jep he did!

The pentagon will likely confirm in the near future. But let’s be real, is someone other than Russia launching missiles that would hit Poland?

It actually is reasonably possible it was a misfire or just collateral damage by Ukrainian S-300, based on some photo-ID done by UkraineWeaponsTracker of the fragments. Russia has been firing a lot of cruise missiles into Ukrainian cities forcing anti-air responses. Either way, I think it's a nothingburger. [Thread](https://twitter.com/UAWeapons/status/1592629251161075712) People haven't forgotten how in 2014, Turkey shot down an actual Russian fighter jet? Nothing came out of that, and nothing will come out of a misfire that tragically killed 2 civilians. The only escalation will be renewed support from the West to Ukraine, as has been the case from the start. Especially so if it was a Russian missile. There was also that instance a few years back when Russian-backed Wagner forces were launching a ground assault on a US base. The US telephoned Russia to ask if they were Russian forces, the Russians said no, and then US forces annihilated like 200-300 soldiers. [Source](https://www.nytimes.com/2018/05/24/world/middleeast/american-commandos-russian-mercenaries-syria.html)

Well, the pentagon would confirm that no matter if it happened or not.

Right. I think we know it happened. The pentagon will almost certainly be able to identify where the strikes originated from. Seems by far the most likely scenario is the strike was intended to hit inside Ukraine and there was a targeting error.

It's sad that there is no third party without own political interests in the situation, that could check the forensics. It's hard to trust the US in this matter, after all the things they did in the past.

>The pentagon will likely confirm in the near future. So no, we do not know where the missiles originated from... Just like how we do not know who blew up the Nordstream pipelines and it's all pure speculation right now. I'll wait until something is confirmed before I get as worked up as some of the children on here are getting.

I see news being discussed, not anyone getting worked up. Yes, not much is confirmed right now, it only happened about an hour ago.

Sorry, didn't mean specifically here as in this subreddit, but Reddit in general. Quite a few people 1) leaping to conclusions and 2) loosing their minds.

Which is why your "devil's advocate" comment has received 8 downvotes.

I took a small position in TWLO. Sold U, SHOP, and some other stuff that had rallied crazy already and moved over to TWLO. TWLO is still down on the month (vs everything else I sold today which is up crazy) and I like their service :)

During the 1962 Cuban missile crisis. To loosely paraphrase: The very young rookie Art Cashin wanted to sell. His boss said “buy”. If the nukes fly we’re dead and it don’t matter. If it’s peace then stocks go up.

Yeah but stocks actually need to drop first in order for that analogy to work! We went down a whopping quarter of a percent and rebounded

Unless you can cash in enough to afford a spot in a Doomsday bunker.

Poland to invoke article 4 of NATO, not 5. Buy war stocks, we're sending a shit ton more supplies. Rally to resume

Missile priced in. Bullish. Buyyyyyy the ddddddip

how can someone price in a rogue missile?

Easy, $4.75.

Apparently Russia killing Poles in Poland is bullish. Stocks go up

Tragic as it is, it looks pretty safe to assume hitting Poland was an accident and neither Russia nor NATO want a major escalation from it unless it continues to happen.

2% away from breaking even on my entire $U position. The past few days have given me whiplash.

I so wish I'd bought more when it hit 20

Fucking Russia ruining a solid green day

nah we mooning baby!

Nothing will happened, buy the dip!. No body has appetite for the war. May be politicians will exchange some barbs bit that will be it.

>No body has appetite for the war. Russia is literally waging war on Ukraine as we speak.

ffs you know what OP meant stop trolling nave Russia \*is\* waging war on Ukraine "as we speak" and have been for over 7 months, and if some shit were going to go down, like the US or Europe getting involved, it would've happened by now OP's point, which you need to listen to and heed, is that there is ZERO chance this missile escalates what has become a stalemate...your trolling fear mongering is insulting to us all

I don't believe World War 3 is imminent. In fact, I call trash on Express's URL that was posted here earlier today. That doesn't mean that OP didn't make an ignorant and wrong comment. You're bootlicking isn't going to change that.

nah you're just wrong, now you're backtracking and lobby ad homonym attacks care to give us any more evidence of your error or are you done humiliating yourself?

Yes, my continual comments saying buy and hold and this is a great market to be a buyer of and all the other comments are clearly ad homonym attacks. Not ad hominem. Homonym. You nailed it. When you're right, you're right. I appreciate you. Thanks for the laugh, friend. Have an upvote. You clearly crave them.

it was an ad homynem attack when you called me a "bootlicker" when you corrected my spelling you again showed you cannot, at all, raise an argument of substance lastly, you contributed nothing and made this whole thread worse with your comments...you need to stop posting bullshit, or post it somewhere else like /r/wallstreetbets

The dip has already been bought and we’re back at opening level. Buy the dip is really gonna take a long time to die

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No, but not because Poland got hit by missiles.

Im waiting for the full Nuclear war dip

Nothing is going to happen

I'll probably buy more at some point in the lead up to Q4 earnings. I don't expect the status quo to change on this situation but who knows.

Sold RBLX. Can't have that kind of risk when missiles are flying.

oh fuck oh jeeze poland

how much gold does the avg person hold in this sub? none? sounds about right

Are you trying to portray that as a good or bad thing?

under owned and hated pre-requisites for outperformance

I certainly don’t hate gold, but it has no place in my portfolio. It is a commodity, it is not an asset, it is not money, it doesn’t generate any economic return.

https://pbs.twimg.com/media/Fhkc5cxXgAAKKjo?format=png&name=small USD next

What is that, a 30% return over an entire fucking decade? Lmfao talk about a horrible investment

rotate between asset classes stocks ain't it

I got 30% on SOXL last week in like 5 hours. That's better than holding gold for an entire decade and losing 100% of the gains to inflation lmfao Gold is for people who despise money and need something shiny, no one who's interested in making money would ever in a million years buy it.

trading dislocations will be a great way to make money in this decade of no returns, so perhaps not directed towards you buy and hold/btfd stocks ain't it

Buy and hold for what? 30% over 10 years? Terrible, literally better to just have it in a savings account or a CD.

I'd hold oil before I'd hold gold right now.

I'd hold neither.

I don't hold either right now, I just like oil more as a hedge against the tech heavy indexes than gold.

I hear you. I just don't hedge. I'm too young for that. I'd rather accumulate more shares then try to hedge against anything. I'll worry about preserving wealth in 20 years when I'm closer to retirement.

Poland bombs https://www.express.co.uk/news/world/1697080/russia-poland-missle-dead-NATO-state-Ukraine-war-pictures-world-war-3

Scary shit. I haven't seen any major news outlets pick up this story. So will need to be confirmed, but frightening if true.

Its all over twitter now by various major news outlets. Its confirmed. Hopefully cooler heads prevail.

some type of response required. It not, why join nato?

That URL by Express is so trash. Fuck whoever added World War 3 into it for clicks and searches.

It's the Express, it's not worth wiping your arse with that rag. We're lucky they haven't linked Princess Diana into the story.

How do you guys feel about NVDA earnings tomorrow?

they won't be bad...look at other chip makers for the same Q, the market is starting to turn so even if they miss estimates, if it's not by much and there is good news the stock could rise I don't see a major drop in response purely to earnings here, and over the next 3 months I see a gradual rise in the stock overall

Nasdaq / market just started dropping 30 mins ago...Any news event / fed talk, or just profit taking?

Fed comments are mixed. Barr still thinks inflation is way too high and they need to keep at it, along with major job losses and "significant softening." While Harker sounded less doomy, saying it's better to pause than overtighten but he didn't say specifically when there would be a pause. I think downward movement may be more related to Russia hitting Poland? Or what Barr said. Or the job cuts at some big tech companies. Who knows.

Does there need to be a reason for a .3 percent drop after repeatedly hitting Long term resistance

Russia fired 100 missiles

Missile hit poland maybe?

Totally. People saw this and were like...I HAVE to get rid of CHWY.

Pretty much actually, sell other assets and buy war / oil stocks.

Rumor that a Russian missile hit Polish territory. Apparently Twitter though so no clue how legit it is. Edit: Polish Prime minister called an emergency meeting of defense/national security folks a bit ago according to Reuters, there could be something to the rumor. https://www.reuters.com/world/europe/two-explosions-heard-ukraines-capital-smoke-rising-over-city-2022-11-15/

Will Nvidia ever reach ATH again?? What you guys think..

I think it will take a decade to recover to ATH

someday probably

Russia just hit Poland with a missile strikes killing two people. So the end of the world mean buy stock right?

Yeah definitely going to be strong downward pressure until Poland responds on if they want to invoke article 5.

This appears to be the reason for the sell off

Yeah, this news makes me want to sell my AMZN.

Buy the dip. If the world survives and recovers, you will make a profit. If the world ends, stocks will be worthless and you won't need them

Dude what?

Russia was bombing Ukraine, but two of it missile flew into Poland and killed two people. Poland is in Nato, an attack on one is an attack on all NATO member. It unlikely a war would start due to this incident but the tension will surely rise. As for the buying stock, back during the Cuban missile crisis in 1960s a well know story told of a stock broker told by his manger to keep buy the stock dip even though other were selling because if the world doesn't end then you make a fortune, and if it does money and stock won't matter. :)

Thanks for the alert. You actually probably just saved me some money. I was wondering wtf cause the cliff

Oh damn, better sell NFLX.

Unable to hold the 4000 barrier again. Damn

Didn't you post this morning about futures being bad even though they were up 2.5% and then delete it? lol

Oh damn oh jeez oh fuck

Lmao these comments kill me 😂

Bought some googl and some nasdaq etf. Not bullish tho. Consumer demand is still strong. Anecdotally was expecting good black friday deals but a lot of things on sale are still higher then pre covid. Companies are finding they can raise prices and consumers will lap it up. If appl goes up higher will sell cover calls. Edit: 

I really hope all this holds after December.

I hope it continues into December but falls apart in January. Wouldn't be bad to unload some bags just in time for tax season.

Depends on inflation trends and job market and earnings.

Buffets partner purchases BABA and loses a shitload. Now they purchase TSMC. These guys seem to have lost the plot in their old age and have no idea about USA/China relations in 2022. The end of an era for them. Maybe they wont be around to see the future world problems, the same way they are hardcore investing in oil. Horse and carriages of the modern age while future tech is already here.

Munger looked so confused and out of touch last night in his interview on CNBC. He looked almost as bad as Biden. I’m concerned about my BRKB. It’s the only thing I have in the account that it is in that is up so maybe I need to take gains.

He is 100 years old......

So? 13 more years and he's a teenager again

Ah yes. It’s always wise to take advice from amateurs who think they’re smarter than smart people.

How long do you think it's going to be before we give up oil? I don't own any oil because I don't understand the market, but oil isn't going anywhere for a long time. Even by 2030, the projection is still only 60% of new cars sold will be EV's, meaning by 2030, there is still going to be ICE vehicles. [https://www.iea.org/reports/by-2030-evs-represent-more-than-60-of-vehicles-sold-globally-and-require-an-adequate-surge-in-chargers-installed-in-buildings](https://www.iea.org/reports/by-2030-evs-represent-more-than-60-of-vehicles-sold-globally-and-require-an-adequate-surge-in-chargers-installed-in-buildings) That's also new cars sold. That still means remaining ICE vehicles will be on the road. Even if phase out gas, cruide oil is still refined for more than just that. Oil is used in asphalts, lubricants, chemicals, etc. It seems like we hit the point where companies are no longer going to invest to make production cheaper as well, so there is a good chance we will probably see high gas/oil prices for a while.

I don't know. But I wouldnt want to be the bagholder either. Someone has to be though for the reasons you mention. People have bagheld all sorts of legacy companies that simply bled out and never recovered.

Yes, but oil is not a legacy company at this point, nor are the uses. It's clear that oil companies are not going to invest to make oil cheaper because we are hitting peak oil more or less. Expect high prices and more profits for those companies.

DXY about to go green

Nasdaq about to drop 10%

Let me guess… DXY going from deeper red to less red means stocks are going to go down according to you?

The averages have already given back a lot from earlier today.

😅 come on, this is getting ridiculous. Yesterday you were claiming we were going to dump today because we weren’t green and today is clearly a very good day so far, and you’re trying to find negative signs everywhere. Why even bother looking at data?

would it be worth selling my shares of SPY which I am up on and putting all of the money into VOO since it’s cheaper?

The difference in expense ratios is negligible.

No

Go Google, you can go ahead and break that 100 anytime now

Please so I can unload my $103 bags.

Holy snap SE up 40% today, anyone know why that's happening?

My photos were finally erased off their servers and so it freed up a bunch of space

They seem to have given a path to profitability. Which is better than the they were going bankrupt narrative coming into earnings.

Was just coming here to see what's going on lol.

You and OP should learn how to look at news for companies before coming here. It's quite obvious earnings and overall market sentiment is why it's up. [https://finance.yahoo.com/quote/se](https://finance.yahoo.com/quote/se) Go there and scroll down for .5 a second and you'll see a bunch of articles talking about earnings and SE being up, etc.

I hear you, earnings were pretty great for SE, but with almost a 40% jump, discussion here is really about whether or not it was really justified an almost 40% jump level good.

I think earnings were pretty bad. Garena, which is what has funded their eCommerce segment and its losses, is still rapidly losing total users and, more importantly and at a faster rate, paying users. Sea Money is growing still but it's still tiny. They reduced digital booking guidance. Management said they are focusing on a path to self-reliance so they don't have to raise more money in the secondary markets but that hasn't played out yet, at least not in Q3. Their TTM operating margin is actually worse than the previous TTM. Saying they are focusing on self-reliance is just words. I've yet to see any actions.

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SeaMoney is actually the only reason I'm still holding. No plans to sell but definitely not adding.