Boiler Room: The Official Stock Market Discussion

[Ohene]

CNBC is a shyt show lol. Analysts beg people who own tech to take profits because the valuations are stretched... OK cool...

But when asked "where to put money?" They have no answer...

We would all like to see a rally from value but is it really that important? Most of those names deserve to die.

So with no good suggestions that is why ultimately people just go back to tech.

And as I say that Docusign beat earnings easily because of course it did... the old blue chips are looking funny next to all the companies that actually turn huge profits.

agreed...but nobody should be buying some of these tech stocks at these levels breh
you ask me...there are better sectors when it comes to long term plays

the event sector (eventbrite, live nation for example)
the media and ent sector (ViacomCBS for example)
logistics (Fedex was a play precovid and has bounced back nicely)
telematics (sierra wireless if they do a spin off one day, calamp, inseego)
retail (gamestop i've been saying for ages)

tech wise...to me only fintech is a spot worth investing in at the moment

 

[K-Deini]

wow. It is going down hard past few days

Glad I sold. Sold apple too for a quick 200 before the fall. Will be back in those when time is right

 

[dora_da_destroyer]

agreed...but nobody should be buying some of these tech stocks at these levels breh
you ask me...there are better sectors when it comes to long term plays

the event sector (eventbrite, live nation for example)
the media and ent sector (ViacomCBS for example)
logistics (Fedex was a play precovid and has bounced back nicely)
telematics (sierra wireless if they do a spin off one day, calamp, inseego)
retail (gamestop i've been saying for ages)

tech wise...to me only fintech is a spot worth investing in at the moment

people are putting their money in tech for quick growth before the real selloff that will happen whenever there's a vaccine and all those other industries are poised for growth. no point in buying into those areas so far out for your money to stay stagnant/move sideways, those prices will still be there 4-8 months from now

 

[ill]

Tank tsla tank

There's a lot of room to drop if Tesla breaks that 20 day SMA @ 385.07

On the other hand the guy i stole this chart from on stocktwits thinks it printed a bullish candle today so we'll see whats up tomorrow.

 

[FreshFromATL]

It was for like 10 mins

 

[Serious]

Looking at ah movement seems like people are slightly panicking

I thought retail investors don't move stocks

just checked Fidelity; down 1K in a day

i put $600 in today...

I bought lmnd and a few ark etfs.

 

[K-Deini]

Aapl falling far from the tree

 

[winb83]

Verizon was green for me today. Also my bond ETF BND was green. Verizon raised the dividend a penny so maybe that was why.

 

[Scholar]

Appl & Tsla giving some of those split run up gains back

 

[Serious]

this guy is an assclown

 

[Scholar]

Rumors that S&P inclusion announcement may drop tomorrow two weeks before S&P rebalance.

 

[Saysumthinfunnymike]

Appl & Tsla giving some of those split run up gains back

They'll be back. Bet against Apple brehs lol my apple cost basis is lower than 100 some are lower than 90

 

[K-Deini]

@FabTrey Breh what are we doing with abio? This shyt could hit 4 before news hits

 

[Saysumthinfunnymike]

tesla went from $2500 to $1900 in 2 days

I hope yall weren't buying once it got past $2000

 

[Rickdogg44]

tesla went from $2500 to $1900 in 2 days

I hope yall weren't buying once it got past $2000

I'm just gonna ARKF and ARKG for a while .... on my wheel profits