Boiler Room: The Official Stock Market Discussion

[Serious]

• The US economic recovery is becoming "extremely anemic" and risks falling into a double-dip recession, famed economist Nouriel Roubini said Monday.
• The Federal Reserve has done nearly all it can, and Congress now needs to step up with sweeping stimulus support, the economist nicknamed "Dr. Doom" added.
• "We know we need the stimulus, we know it needs to be large," he said while speaking at Business Insider's Global Trends Festival, adding uncertainty around its arrival is slowing the nation's rebound.
• A Democratic sweep of the White House and the Senate would likely fuel a multitrillion-dollar relief bill and reaccelerate the recovery, Roubini said, while a divided government will only extend the legislative deadlock.

The US could plunge into a double-dip recession without timely stimulus, 'Dr. Doom' economist Nouriel Roubini says | Markets Insider

 

[funkee]

period red today, geez. just going to average down on a few and add to M1

 

[Serious]

period red today, geez. just going to average down on a few and add to M1

Icln

 

[Spree At Last]

Icln

I bought up around $20k of ICLN and TAN stocks / leap calls a couple months ago, one of my best trading decisions ever. gonna keep holding through the biden presidency if he wins. if trump wins tho, it could be a scary sight for my portfolio

 

[Originalman]

@Originalman thots on palantir?

Whatup breh. I have no idea but I bought like 10 shares. Its a long term investment. But I always believe technology companies that rely on government contracts are some of the safest investments. They can't bull shyt or play around with money nor can they do real shady shyt with money and filing for bankruptcy like other sectors. Cause thats government money and mothafukkas will be in handcuffs of they play around with the money.

Also with the government ties they will get bailed out in tough times with government money or with contracts.

Thats also why I was telling kats on this site they crazy as fukk if they think boeing going under when 30 to 40 percent of the company is DoD contracting.

So palantir imo is a good investment. You won't get rich off it most likely but you will make money on it long term. If nothing else if they struggle lockheed, raytheon, boeing, amazon, general dynamics, L-3 and etc steps in and buys them out. Cause their technology and capabilities is worth a lot in the DoD field.

 

[Saysumthinfunnymike]

Investors don't seem concerned about Google right now so why should we

 

[Originalman]

@Serious also wanted to add brotha. Amazon worth ain't just cause of what we buy from their site (continuation of our conversation on palantir).

A large portion of their wealth is because of government contracts. They are the go to for all data storage for the government and almost ever DoD company in america.

Any system or software engineer that works in DoD can tell you that they deal with amazon servers / clouds to store data. Their company or military origanization has contracts with Amazon.

 

[dora_da_destroyer]

Was just reading about the Google thing. Even if they get broken up, I'm still gonna use their products. This only hurts the consumer and not the company. The Google owners already have billions. They won't be suffering if parts of their company are broken up. But this will have an effect on its customers. Google is built on convenience just like other tech companies. They make things simpler for us. I think the article was mentioning their monopoly on search but aren't there other engines like bing and Yahoo? Not Google's fault that those just aren't good enough. Google has an entire ecosystem that users are used to. The ability to have all their components working together is convenient for the user. Removing or changing something hurts the user more. For example, they used to have this app called Inbox that was way better than gmail but they got rid of it and my email experience hasn't been the same since. Now imagine if any of their other products gets broken up and you're forced to use something new that's not as good. Google still making millions, and you get inconvenienced. Sure there can be competition but what are they gonna do if people keep using Google instead? Even if Google gets broken up into 20 different parts, I'm still gonna use their products as long as they're integrated together and are able to work with each other for my convenience. The same should be said for any other big tech company. We the ones using the products anyways. Government run by mostly old people, some of whom got elected before Google and all these other tech companies got started so they not used to all this tech and the capabilities of it. But the younger generation is the one that mostly uses it. Maybe they should focus more on things like the rising cost of healthcare and improving environmental issues instead. But watch one of these tech companies do something about that before the government does.

this doesn't hurt the consumer, and you're only thinking of the consumer products in your reply. there's a lot of "tech" and B2B products Google has/acquires, monopolizes, and can squash if not allowed to acquire. they make it extremely hard for alternatives to remain viable standalone companies which hurts innovation, consumer choice and makes pricing less competitive. one company shouldn't be internet, hardware - phones, laptops, smart home devices, big data, advertising, cloud computing, autonomous driving, health devices, etc. big tech needs to be broken up.

 

[dora_da_destroyer]

As far as the Google thing, didn't they already get broken up years ago? Hence the reason they're known as alphabet these days?

nah, microsoft got broken up. google did the alphabet thing to make alphabet a holding company so they could hold all these different types of companies while more easily circumventing antitrust laws.

 

[Serious]

Whatup breh. I have no idea but I bought like 10 shares. Its a long term investment. But I always believe technology companies that rely on government contracts are some of the safest investments. They can't bull shyt or play around with money nor can they do real shady shyt with money and filing for bankruptcy like other sectors. Cause thats government money and mothafukkas will be in handcuffs of they play around with the money.

Also with the government ties they will get bailed out in tough times with government money or with contracts.

Thats also why I was telling kats on this site they crazy as fukk if they think boeing going under when 30 to 40 percent of the company is DoD contracting.

So palantir imo is a good investment. You won't get rich off it most likely but you will make money on it long term. If nothing else if they struggle lockheed, raytheon, boeing, amazon, general dynamics, L-3 and etc steps in and buys them out. Cause their technology and capabilities is worth a lot in the DoD field.

a poor man's defense contractor

Sounds like my kind of investment @No1


I'm copping.

 

[Scholar]

I'm riding with PACB

 

[dora_da_destroyer]

I'm fukking around with this calculator Stock Total Return and Dividend Calculator

I put in 5000 as a starting investment 8 yrs ago (2012)....my nikka, in NFLX, that would've been $288,652 today, 66% annual return, TSLA would be worth $392,702 @ 72% annual return


MSFT would've been 45.8K beating AAPL and GOOGL, I remember someone in here complaining about MSFT not growing fast enough


is TSLA gonna grow like this again over the next 10 yrs , I put more than $5000 in, I'd love to be sitting on $400k from one stock in 10 yrs. What's the other new NFLX or TSLA?



Edit: NVDA would've been $275k

 

[Serious]

All I know is I’m loading up on the ark series. Now way I’m not a millionaire by the end of the decade.

 

[FabTrey]

I'm fukking around with this calculator Stock Total Return and Dividend Calculator

I put in 5000 as a starting investment 8 yrs ago (2012)....my nikka, in NFLX, that would've been $288,652 today, 66% annual return, TSLA would be worth $392,702 @ 72% annual return


MSFT would've been 45.8K beating AAPL and GOOGL, I remember someone in here complaining about MSFT not growing fast enough


is TSLA gonna grow like this again over the next 10 yrs , I put more than $5000 in, I'd love to be sitting on $400k from one stock in 10 yrs. What's the other new NFLX or TSLA?

4 tril market cap in 2030 means it's a top 5 company in the world.

and you best believe that it will happen.

 

[FabTrey]

All I know is I’m loading up on the ark series. Now way I’m not a millionaire by the end of the decade.

that's the spirit.

and imagine what the 1 mil would do the next 10 years