Boiler Room: The Official Stock Market Discussion

[Da_Eggman]

One could argue that the market is getting back to normal. It was artificially inflated during Covid by the Fed. Inflation has the Fed's hands tied now.

It’s pass that point a long time ago we are talking huge earning companies getting destroyed with unreal drops

 

[Da_Eggman]

do you have all tech? i know you said it before but i can't remember
any bank stocks?
for me my bank stocks and companies like home depot have been keeping me stable I'm still red but not that bad

HD is down 26 % ytd

 

[Da_Eggman]

It’s not just tech it’s everything getting clapped that’s what’s so scary


We got no hope for months and months

 

[Da_Eggman]

I pick the wrong day to stop sniffing glue

 

[lib123]

It’s pass that point a long time ago we are talking huge earning companies getting destroyed with unreal drops

No, it's not pass that point. The Fed and overall government stimulus fueled earnings and valuations during the pandemic. Now that the support is being withdrawn, companies can no longer meet earnings expectations to justify their inflated valuations. Large companies have overinflated market caps too. These drops aren't unreal, they happened after the dot com bubble burst in the early 2000s. It took Microsoft 15 years to reach its March 2000 peak again.

 

[humminbird]

HD is down 26 % ytd

I bought it during the pandemic

 

[Da_Eggman]

No, it's not pass that point. The Fed and overall government stimulus fueled earnings and valuations during the pandemic. Now that the support is being withdrawn, companies can no longer meet earnings expectations to justify their inflated valuations. Large companies have overinflated market caps too. These drops aren't unreal, they happened after the dot com bubble burst in the early 2000s. It took Microsoft 15 years to reach its March 2000 peak again.

I ain’t got 15 years I’m trying to get double steak at chipotle bruh shyt is hard man

 

[BlaxOps]

I got out of all small caps in Feb. 2021, because the drops were just too much to ignore. Now I just keep DCA into my long terms - MSFT, JPM and AAPL. I have shares and leaps in $C too. Not really concerned about any of these positions right now. The only spec play I continue to buy is $RKLB, because I love the space sector.

 

[247Alex]

I got out of all small caps in Feb. 2021, because the drops were just too much to ignore. Now I just keep DCA into my long terms - MSFT, JPM and AAPL. I have shares and leaps in $C too. Not really concerned about any of these positions right now. The only spec play I continue to buy is $RKLB, because I love the space sector.

yeah ive been buying more into my longs but even after good earnings some of these are getting slapped. I can think of 3 off the top of my head - SBNY , BX and BNTX . All had stellar earnings and are back below where they were before earnings lol

 

[BlaxOps]

 

[JetFueledThoughts]

Christ

 

[JetFueledThoughts]

 

[MeachTheMonster]

Man this gotta be one of the Woat days on record

This is the bottom right????

 

[Starski]

Brehs we’re out here in 2020 predicting the end of wealth/asset managment cause

“shyt to easy”

 

[humminbird]