Boiler Room: The Official Stock Market Discussion

[Da_Eggman]

Lol people a year from now will be like "why didn't I buy?"

Anyway, I'm pretty much sticking to VTI.

CRWD, SE, MTTR look interesting at these levels though

We said that a year again and been completely destroyed

 

[NaijaProdigy Redux]

We said that a year again and been completely destroyed

If you’re focused solely on tech oriented growth, then yes.

I’m not

 

[dora_da_destroyer]

Lol you realize people said the same thing in 2000, right? Then it took 13 years for Nasdaq to recover. 2020 was an aberration. Inflation won't allow the Fed to stimulate as aggressively.

while true, you do realize there was a second crash...some people learn, deleveraged and got out before the full crash in 08...that said, unless you were 50+ in the 00 crash or had everything in high-risk zero profit companies, you were able to make moves to recover. I got 20-30 years before I foresee myself needing to use this money, I'm gonna be ok.

 

[chineebai]

my god this is relentless

 

[FreshFromATL]

i mean theres no way they can have bad earnings right?

It's not about them having just bad earnings. In this climate, they gotta have perfect earnings and then deliver on outlook...if they pull back on 2022 guidance in any way, it's lights out. They will be punished.

My personal guess is Apple and Tesla get clapped this week pushing us towards a bottom as SPY go deep correction territory and Nasdaq completely gives up it's 2021 gains. I could be super wrong but this seems like the likely scenario to me.

 

[Liu Kang]

Market seems to be capitulating today. Numerous stocks down 10% or more at the moment.

 

[Da_Eggman]

We now have the worst month in stock market history

not worse month in a decade

not worse month in 25 years

not worse month in 50 years

worse month in history that’s just wow

 

[K-Deini]

Spy getting gunned up and clapped quick, whole damn market getting gunned up and clapped quick

 

[humminbird]

It's not so much about bad earnings as much as expectations / forward guidance relative to the current valuation.

yeah this they could have slight drop or just make earnings or say we're expecting fewer sales next quarter and it'll drop
hell I ordered a MacBook in January and I'm being told I'm not getting it until march

 

[Macallik86]

Trader all I did was invest weekly the entire market has been destroyed no trading did this

The Nasdaq was up 148% since Covid hit in March 2020.

If you were approaching things as a an investor instead of a trader, you would know that the markets are overbought, and would've either limited your risk, or remained content because you are focused on the long term

 

[Slim]

Yeah, all eyes are gonna be on "The Generals".

Apple, Amazon, Tesla, Microsoft, Facebook, and Google are ~20% of the SP500 and 30% of the Nasdaq. They all have earnings coming in a week or two.

Their FY guidance will make or break this correction.

 

[Tunez]

Amd drop Lower please

 

[lib123]

I don't benchmark against the NASDAQ nor do I have short-term investment goals. The alternative definitely isn't to sit in cash for years (for me).

The alternative is to wait for bubble to burst then invest. People who waited until 2003 instead of 'buying the dips' in 2000 made exponentially greater returns.

 

[lib123]

while true, you do realize there was a second crash...some people learn, deleveraged and got out before the full crash in 08...that said, unless you were 50+ in the 00 crash or had everything in high-risk zero profit companies, you were able to make moves to recover. I got 20-30 years before I foresee myself needing to use this money, I'm gonna be ok.

Yeah you were able to recover but your returns would've been exponentially greater if you waited to invest until after bubble burst.

 

[Da_Eggman]

The Nasdaq was up 148% since Covid hit in March 2020.

If you were approaching things as a an investor instead of a trader, you would know that the markets are overbought, and would've either limited your risk, or remained content because you are focused on the long term

I know you are completely correct I just didn’t expect this kinda flush but yes long term is the goal