Boiler Room: The Official Stock Market Discussion
I kinda did that with Chase so I could keep checking free with them. I put my rent money into my Chase Checking which they count as a direct deposit and my rent autopays from that checking account. As long as you have over $500 in monthly deposits it's free.
Value stocks would be the move here.
What surprises me is a stock like Square being back to the low 100's. If it's not TSLA I won't be fukking with expensive stocks. ATER is where I'm placing my faith.
What surprises me is a stock like Square being back to the low 100's. If it's not TSLA I won't be fukking with expensive stocks. ATER is where I'm placing my faith.
humminbird
Veteran
Crazy how the weather has been acting irrationally like the stock market these days
JetFueledThoughts
Superstar
Unusual Whales posted a massive put order for $SPY at $398 last week. It almost feels inevitable now, but I’m hoping that area represents the bottom.
But nobody knows the bottom so fukk all the speculation
But nobody knows the bottom so fukk all the speculation
ahomeplateslugger
Superstar
you know it's all bad when the growth and/or spec stocks are up close to 10% in a day for no reason at all
teladoc, fubo, draftkings, open, voyager, roku
teladoc, fubo, draftkings, open, voyager, roku
This is true is theory but we in some unpreceded times right now on all fronts. You've even said numerous times it might take years for you to get most of your gains back. That doesn't really count as making your money grow when you first have to recoup your losses to get back to the break even point
I mean some of you guys had to expect this was coming right? I got rid of most of my TSLA over 1000 and am only really bag holding on WISH.
When all rational signs point to stocks should be going down for two years, but they’ve only gone up, that’s a huge clue.
With the pandemic flash crash you saw companies earnings destroyed in a way that was black swan worthy. For the stocks to recover before the companies even opened fully, then post monster earnings QoQ was a classic bait and switch. Look for good companies that have taken a beating already and invest in those IMO.
When all rational signs point to stocks should be going down for two years, but they’ve only gone up, that’s a huge clue.
With the pandemic flash crash you saw companies earnings destroyed in a way that was black swan worthy. For the stocks to recover before the companies even opened fully, then post monster earnings QoQ was a classic bait and switch. Look for good companies that have taken a beating already and invest in those IMO.
I've actually low key starting buying shyt that I think will be around in the next 5 years.
Idk about timing the bottom though, but I think we got a long way to drop. Especially as panic induces in the market and a looming recession.
Just make sure everyone has savings, isnt on margin in case you get laid off
@CrimsonTider where's the best place to put your money in this type of market?
It depends on your goals but you can’t go wrong with just investing in the s&p500( SPY or VOO)
The money supply is going to tighten with the feds raising rates so growth stocks are going to get slaughtered
ogc163
Superstar
ogc163
Superstar
another day of pump fakes 