Boiler Room: The Official Stock Market Discussion

[Starski]

Not even a bear market but going back to a

Looking forward to this thread in a bear market

not even a bear market, but a long period of “nothingness” would be interesting. SPX will close out within the realm of normal if measured on a Y/Y basis but if you measure it trough to peak it says a totally different story(same with 18).


Where the velocity of the moves to the upside & downside return to historical norms

Spoiler

Except bio tech

In the high ADD environment I can see people saying “I’m not compounding 5% weekly no more fukk this shyt it’s boring”.

 

[Regular_P]

Market Edges Toward Euphoria, Despite Pandemic’s Toll

 

[Serious]

 

[ahomeplateslugger]

Was looking at FE's private group and received an email that the fee was $1,800 a year. You get access to his portfolios, live updates on every move and exclusive videos. Seems like a steep price for all of that but the guy has a good winning record so I can see why ppl would join.

 

[FabTrey]

You're talking to someone old enough that I bought PALM on the day of its IPO

Back then, Palm Pilots were supposed to be THE FUTURE!
Should have thrown the towel earlier than I did. I ended up turning $4000 into $1000



Maybe not LITERALLY broke (unless you're using options), but if you get hit hard enough at the right time you can take so much of a hit that its hard to recover.
Volatility tax - Wikipedia


Trust me, when you see your account shrinking it gets really tempting to borrow money to get you back were you were before, especially when you KNOW we're at the bottom and a recovery is about to happen.

glass half empty nikka i see

and first you invested in IPO. that's on you.

if you were investing in 00s then you could've bought any of blue chips then just hold long term. if you invested in APPL or bought the dips in 08 then you probably filthy rich by now.



the fact is that there will be plenty of palms and enrons. hell i'm sure alot of nikkas got burnt by LK this year. CCL got me scratching my head. didn't see that coming. glad i sold BA in $300s. if i held on to it i would've lost alot. i went back in at $100 and sold it again at $180.


but history says there will be plenty of Teslas and Squares.

we are living in an age of hyper wealth. rich will get richer breh.

we will see triple digit billionaires popping up more and more. innovation will take all the W. look at what's going on. things get innovated at a rapid pace. ARK is all about the innovation. if you don't innovate you die.

Tesla to me is Apple, not palm. Tesla innovates. A great companies innovate and look ahead. Will it become a sinking ship down the road? we'll never know.
Palm was dead the moment iphone was introduced. Blockbuster was dead the moment they didn't get into streaming business. too little too late.

and since i got in early and often on TSLA, so i can just sit back and relax. if they stop innovating, and start worrying about production numbers? then that's when i'll take my profit and jump ship.

 

[ahomeplateslugger]

Bear market, bull market, kangaroo market it doesn’t matter. I think there’s an opportunity or two to make 25% or better double your money every year. Just have to keep your eye and ear to the market.

This year helped me sharpen my investing knowledge and develop a philosophy that makes me less fearful to take a chance on a company with little revenue but brings innovation to its industry. I’m ready for a bear market if it comes.

 

[FabTrey]

Was looking at FE's private group and received an email that the fee was $1,800 a year. You get access to his portfolios, live updates on every move and exclusive videos. Seems like a steep price for all of that but the guy has a good winning record so I can see why ppl would join.

not worth the money to me. he is as transparent as you can be on youtube. i know there is always run up right after he posts. that's how influential he is. but in a long term it's ok if you get in little higher.

 

[FabTrey]

Bear market, bull market, kangaroo market it doesn’t matter. I think there’s an opportunity or two to make 25% or better double your money every year. Just have to keep your eye and ear to the market.

This year helped me sharpen my investing knowledge and develop a philosophy that makes me less fearful to take a chance on a company with little revenue but brings innovation to its industry. I’m ready for a bear market if it comes.

the biggest difference of poor and rich is that rich has the money to take the blow. and they are ready to invest in any market climate. so many people got rich during the recession.

just imagine buying the dip in 09. shyt would've been glorious.

 

[winb83]

not worth the money to me. he is as transparent as you can be on youtube. i know there is always run up right after he posts. that's how influential he is. but in a long term it's ok if you get in little higher.

Not really. He buys plenty of stocks and on normal YouTube you find out well after the fact not before. If you're actually really gonna follow his moves paying $1800 is nothing because you'd make that back and then some having the inside track on what he's doing. Every 4-6 months he might do an update on what's in his portfolio for people who aren't in his group.

 

[winb83]

Bear market, bull market, kangaroo market it doesn’t matter. I think there’s an opportunity or two to make 25% or better double your money every year. Just have to keep your eye and ear to the market.

This year helped me sharpen my investing knowledge and develop a philosophy that makes me less fearful to take a chance on a company with little revenue but brings innovation to its industry. I’m ready for a bear market if it comes.

This year isn't typical of anything though. There are so many investors that are just used to the stock market going up and up and not going down. If you just started investing in the last several years that's all you know.

Those companies that you talking about taking a chance on when shyt gets rough those are the first companies to give up all their gains rapidly and it can get pretty nasty.

It's easy to talk like that in a bull market but it's much harder when come company that has a great idea and should be the next Tesla is in a rough patch and can't make it to the other side because we hit some real shyt. If the Fed didn't come through with open pocketbooks and bail the market out I'd imagine the conversations right now would be drastically different than they are.

 

[ahomeplateslugger]

the biggest difference of poor and rich is that rich has the money to take the blow. and they are ready to invest in any market climate. so many people got rich during the recession.

just imagine buying the dip in 09. shyt would've been glorious.

I think the March drop is gonna be the start of an 09 type run. Maybe it’s wishful thinking but I’m bullish. There will be a couple of 10% drops maybe every couple of years but we all invest in good companies with strong fundamentals so no need to get shaken out.

 

[ahomeplateslugger]

This year isn't typical of anything though. There are so many investors that are just used to the stock market going up and up and not going down. If you just started investing in the last several years that's all you know.

Those companies that you talking about taking a chance on when shyt gets rough those are the first companies to give up all their gains rapidly and it can get pretty nasty.

It's easy to talk like that in a bull market but it's much harder when come company that has a great idea and should be the next Tesla is in a rough patch and can't make it to the other side because we hit some real shyt. If the Fed didn't come through with open pocketbooks and bail the market out I'd imagine the conversations right now would be drastically different than they are.

If you invest in companies that have great management and disrupt, innovate or have a sticky service then the company will recover. I’m not gonna get shaken out easily unless the company totally pivot from their original business model. I look at crowd strike, lemonade, bynd, pton, pins, Disney and see huge potential. If all drop 25+% from here I’m buying. I trust their management to do what’s right for their business to survive and grow (ie Disney).

As for the fed stepping in, it’s part of their job at this point to backstop the market. You just have to take things for how it is vs hypothetical.

 

[Saysumthinfunnymike]

when these analysts start talking bear market they are talking about the indices. They are talking about the S&P as a whole or the DOW, legacy names..

Warren Buffet isn't investing in a new SPAC for example. Why would he? He couldn't care less about that shyt.

I think we need to differentiate here what exactly we're talking about.. Amazon and FB are both decent size percentages of one of my accounts and they been trading sideways for a few months, actually they are down a bit.. My account has been growing rapidly regardless of that. My account is up huge on days where the S&P is down.

I'm not making a case that I'm "smarter" than the next guy... I'm saying that no matter what the overall market is doing, there are always opportunities.

 

[Saysumthinfunnymike]

Like I said before, don't be out here risking more than you are willing to hold on to. I buy based both on fundamentals and the technical aspects and I'm not taking big risks. NIO is an example of that. I didn't want to buy into it after it ran so much but the chart showed support at $39 and there were various catalysts on the horizon.

If I didn't have

A) the money to invest in NIO
B) the chart showing strong support at $39
C) Catalysts
D) Backing from the Chinese government

I would have never considered buying some NIO where it was currently at after running so much. If even one of those factors wasn't right I would have passed on NIO and looked elsewhere.

And my stop loss is set just in case

 

[Saysumthinfunnymike]

Also.. interest rates aren't changing, economy is improving, back-to-work and travel recovery is on the horizon. I think the market is stretched in some areas and a lot of positives are priced in but I think what we will see is continuous rotations.

The market likes a "story." For right now the above is the story. That can change. Say the vaccine is fukked, the roll out is garbage, it's ineffective or say the stimulus flops.. there's several things that could change the story.

But you have to play what the story is. A lot of people didn't want to play the comeback story even though it was an obvious one.