Boiler Room: The Official Stock Market Discussion

ogc163

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The markets will be (relatively) stable - as in I don’t see that big sell off from last week happening again in the next 2-3 weeks. None of this is news that’s shaking the markets, it’s baked in.

and personally, the doomsday outlook of some states/cities is about as laughable as the states who want to keep things 100% normal, both sides are being too reactionary

What would you consider to be a doomsday outlook?
 

dora_da_destroyer

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What would you consider to be a doomsday outlook?
Saying that 80% of a city (NY) will get CV or that 60% of Cali will get it. There’s more to me feeling this way, but I’m exhausted by this topic and don’t feel like getting into any more long ass conversations about it
 

Chrishaune

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I got on Marathon Oil and that has been shooting up. I was planning to sell quickly, but next week could be better. Don't want to be too greedy:francis: Futures already looking up for tomorrow.
 

Chrishaune

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I bought 149 shares today, think that’s enough? At 6.73 a share.

I think I'm about to go in again tomorrow, after I sell some things. They are hyping this company up.
They also own part of Kylie Jenner's cosmetic line, so you know these women can't hold off spending that money.

I bought 60 today...

Whether you have enough is up to you....
 

ahomeplateslugger

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The markets will be (relatively) stable - as in I don’t see that big sell off from last week happening again in the next 2-3 weeks. None of this is news that’s shaking the markets, it’s baked in.

and personally, the doomsday outlook of some states/cities is about as laughable as the states who want to keep things 100% normal, both sides are being too reactionary

gotcha. i misinterpreted what you were saying.

i'll just say the market typically fall faster than it climbs and a bear market have 3 stages and we're most likely in the 2nd stage right now. nothing wrong with ppl buying now but don't go chasing waterfall. i bought some stocks recently because the value was good but i've said we're going to test lows again and the charts look like it right now.

Market is buying rumors not facts


This market isn't operating as normal. Its based off bargain buys and the expectation of stocks returning to pre-rona levels.

classic buy the rumor sell the news setup here.

the rumor in this case is the stimulus and the news will be the unemployment numbers, bankruptcies, foreclosures and coronavirus cases.
 
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