Boiler Room: The Official Stock Market Discussion

[Tunez]

Cathie just bought 7 million worth of NU, a South American digital bank. It looks like it was a spac that just listed.

IPO or spac?

 

[NatiboyB]

I grabbed some of this last week and tossed it in my graveyard portfolio. I looked at a few videos on it and it seems strong long term. Not sure if it will out preform Sofi but I grabbed 500 shares.

Cathie just bought 7 million worth of NU, a South American digital bank. It looks like it was a spac that just listed. It IPOd last week I want to say on the 8th or 9th. I got in on the 10th.

 

[the cac mamba]

this volatility it wont even tank 3 days in a row because people buy the dip

 

[Da Jungles]

So avoid this like the plague?

this volatility it wont even tank 3 days in a row because people buy the dip

As long as I have bread, I'm buying

 

[chineebai]

I'm focused on the iwm for signs of further bullish continuation. It's under the 200dma and without consumer sector support I'm cautious.

 

[NatiboyB]

As long as I have bread, I'm buying

You jumped onto Nu also. I’m
I’m. Low key I think it will be better for me than Sofi was. But we will see.

 

[Rickdogg44]

So yesterday afternoon was a pump fake

 

[NatiboyB]

So yesterday afternoon was a pump fake

That’s what it’s looking like. But it just showed me how it’s always best to take profit.

 

[beenz]

not an expert, but this is my understanding: rate hikes favor companies that currently have positive cash flows, as opposed to growth companies that aren't profitable now but are projected to have strong cash flows in the future. this is because when interest rates are low (like now), the value of your money won't decline as much over time, since there aren't really any alternatives to grow your money (putting money in the bank or in bonds loses you money due to inflation). this makes growth stocks very attractive to investors, since their future earnings are worth more in low rate environments, which makes them willing to take on more risk to chase potentially huge future returns. also, companies can more easily borrow money when rates are low, which means they can expand their growth faster.

when rates go up, suddenly the value of those future earnings starts decreasing, and the cost of borrowing goes up for companies. investors now have many other options with lower risk and decent returns (like long-term bonds, and companies that are already making good profits). thus, people will rotate out of growth stocks and into value stocks / high-dividend companies. we've seen this happen time and time again this year with every rate hike scare from the fed.

all that said, interest rates are still going to be historically low even after rate hikes, so i'm personally planning to keep my portfolio mostly in stocks and continue adding to my index funds.

this is what I'm doing. buying more and more index funds. but I only buy dividend paying ones, that way I can hold on to them long term while still getting a payout for my trouble.

 

[beenz]

"FORD states it plans on topping TSLA as the number 1 EV maker..."

Yaw keep sleeping if yaw want to. When this shyt hits 500 a share in 2025 gonna be a lot of FOMO...

I had for stock a few years ago and took a bath on that shyt

 

[chineebai]

Fomc and opex and end of year, and tax loss harvesting, and tax changes to institution buy backs, yeah just stay on the sidelines for now.

 

[beenz]

As long as I have bread, I'm buying

same here homie. I don't care if prices go down on positions I own cuz I can either buy more or continue getting paid dividends.

 

[NatiboyB]

Fomc and opex and end of year, and tax loss harvesting, and tax changes to institution buy backs, yeah just stay on the sidelines for now.

Hopefully this year during Xmas week we run.

 

[Da_Eggman]

Still getting murked

 

[Da Jungles]

You jumped onto Nu also. I’m
I’m. Low key I think it will be better for me than Sofi was. But we will see.

No, I haven’t bought any