Boiler Room: The Official Stock Market Discussion

lib123

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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

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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

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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

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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

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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.
 
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