Boiler Room: The Official Stock Market Discussion

lib123

Superstar
Joined
Jun 16, 2015
Messages
6,198
Reputation
339
Daps
12,569
IDK about most people here, but I'm ready to drop a bag tomorrow.

Can't time the market but I see some discounts I wouldn't mind holding for a minute.

They aren’t discounts if rates and inflation continue rising.
 

Rickdogg44

RIP Charmander RIP Kobe
Joined
May 1, 2012
Messages
8,612
Reputation
740
Daps
13,267
Reppin
Atlanta
Looks like bunch happens today

What’s driving markets​

The personal consumption expenditure price index for August that the Fed uses to target inflation is due for release Friday at 8.30 a.m. ET, along with consumer spending and personal income numbers. Shortly after the stock-market opens, the Chicago PMI and the final University of Michigan consumer sentiment reading will be released also.

Fed Vice Chair Lael Brainard headlines another wave of comments by policy makers on Friday.


 

winb83

52 Years Young
Supporter
Joined
May 28, 2012
Messages
45,520
Reputation
3,766
Daps
68,957
Reppin
Michigan
Wait you guys are long this market?
Been buying shares of Amazon, Google, and Tesla weekly to every other week minimum. I stopped buying more risky stuff because the prices of good companies like them came down so much. Planning to buy Microsoft soon too. These are stocks I plan to keep a decade or more so I don’t see the problem. Dollar cost averaging them.
 

Serious

Veteran
Supporter
Joined
Apr 30, 2012
Messages
79,953
Reputation
14,218
Daps
190,332
Reppin
1st Round Playoff Exits
Wait you guys are long this market?
Some things are going bottom out before others. Like 2001, Amazon bottomed way before the rest of the market. Trying time shyt ain’t necessarily it with some stocks because they can shoot up real quick.


And a lot of cats are younger so they have “time”.

If someone were to buy google and hold right now they’d be straight in the long term.
 

chineebai

Superstar
Joined
May 11, 2012
Messages
11,198
Reputation
966
Daps
30,566
Reppin
NULL
if the nasdaq dont take out yesterdays low in the next hour, I think it'll just be choppy bs given that it's friday opex.
 
Top