Boiler Room: The Official Stock Market Discussion

[BlaxOps]

Morgan Stanley’s top strategist says stocks are on the precipice of a major plunge

"We believe risks for a major correction have rarely been higher."

fortune.com

I'm actually bullish despite the rhetoric. Ain't no way the market is going down going into an election. We'll definitely see an artificial bullish catalyst at worst.


But articles like this play into sentiment.

I think earnings will be better than expected again.

Q3 results maybe hit or miss depending on how spending over summer goes.

If you knew the market was going to take a dive. Would you liquidate and buy back in when the dust settles? Or would you hold and average down?

 

[Serious]

If you knew the market was going to take a dive. Would you liquidate and buy back in when the dust settles? Or would you hold and average down?

Average down.I trim after certain runs.

But good luck trying time when to get back in @Rickdogg44

 

[KING WILL]

Unity shares rise 15% after company announces A.I. marketplace

AI companies will be able to distribute their software to game makers and charge for it through Unity's Asset Store.

www.cnbc.com

 

[Pressure]

$ENVX hit big today

@chineebai

 

[The Fukin Prophecy]

If you knew the market was going to take a dive. Would you liquidate and buy back in when the dust settles? Or would you hold and average down?

Liquidate and buy T-bills...You ain't pulling 5.7% when the fukkery begins, T-bills are a no brainer here...

I did just that today, liquidated 50% of my portfolio...Trying to hold my remaining META, AMZN and AAPL to earnings but I'm not sure they'll make it before the crash...

Bottom-line here is you want as much cash as possible for the recession, when the dust settles buy back in...

 

[JetFueledThoughts]

Liquidate and buy T-bills...You ain't pulling 5.7% when the fukkery begins, T-bills are a no brainer here...

I did just that today, liquidated 50% of my portfolio...Trying to hold my remaining META, AMZN and AAPL to earnings but I'm not sure they'll make it before the crash...

Bottom-line here is you want as much cash as possible for the recession, when the dust settles buy back in...

If it was this easy we’d all be rich..

The missing component is how to time it. Because you can’t.

If somebody got an inkling the crash was coming and pulled everything 3 months ago (March 28th) then they woulda missed out on the 10% gain we’ve seen in $SPY since then.. all for T-Bills? Then you sit on your hands and say ‘I’ll put it back in when it all crashes’ without ever knowing when the bottom really hits?

Not to mention that unless you time it perfectly, you’re selling X then having to buy back in later at a price higher than X.

I’m all for diversifying and pulling some money when you have a nice gain you want to lock in, maybe take some gains and put it in T-Bills or a HYSA. But when it comes to talking about pulling out 50% or more of your total in an effort to time the market for a crash….? We’re all probably better off just sitting and DCA’ing

 

[The Fukin Prophecy]

The missing component is how to time it. Because you can’t.

Its not a question of IF a recession is coming this year, its a question of WHEN...

You can't time it but you can PROTECT your capital, which is what all good investors do...You do not want to get caught on the downside of a recession...You lose that capital you fukked up...I made a lot of money in 2008 and I'll be doing the same thing again, cash is king in a recession...

I'm only doing 4 week T bills (5.13% right now), I'm not locking up that money for months...

 

[JetFueledThoughts]

Its not a question of IF a recession is coming this year, its a question of WHEN...

You can't time it but you can PROTECT your capital, which is what all good investors do...You do not want to get caught on the downside of a recession...You lose that capital you fukked up...I made a lot of money in 2008 and I'll be doing the same thing again, cash is king in a recession...

I'm only doing 4 week T bills (5.13% right now), I'm not locking up that money for months...

Respect your perspective. I keep 30% of my total bag in cash in a HYSA at all times, so I’m rarely thinking about liquidating my stocks in a need for more cash.

As far as a recession, I really think we already saw the bottom in October when $SPY dipped into the 350s, wouldn’t be surprised to see it dip back below 400, but all the numbers around inflation lowering and companies having better than expected earnings first half of ‘23… I dunno if a recession is a foregone conclusion…. but hey I dunno shyt

 

[Rickdogg44]

 

[Rickdogg44]

Its not a question of IF a recession is coming this year, its a question of WHEN...

You can't time it but you can PROTECT your capital, which is what all good investors do...You do not want to get caught on the downside of a recession...You lose that capital you fukked up...I made a lot of money in 2008 and I'll be doing the same thing again, cash is king in a recession...

I'm only doing 4 week T bills (5.13% right now), I'm not locking up that money for months...

What did you do in 2008? You DCA as it was crashing? Or somewhat timed it?

Edit: wish I had capital and knowledge in 2008/2020

 

[chineebai]

$ENVX hit big today

@chineebai

Not trading advice, but I think it can get to $30 relatively soon. Jmo.

 

[The Fukin Prophecy]

What did you do in 2008? You DCA as it was crashing? Or somewhat timed it?

Edit: wish I had capital and knowledge in 2008/2020

The first day of that 2008 crash was a massive L, there was no avoiding it, I think I liquidated all my positions in 2 days...

Luckily I didn't lose much capital, it was a big L none the less though...I stayed out the market nearly a whole year, one of the first stocks I jumped into was BAC, I didn't buy in 2008-09 but it was like $8 when I did...I was on multiple bank stocks, you always target the sector hit the hardest by the economic conditions...It didn't pay off right away, I was long on all my positions...

I did the same during COVID, liquidated and invested the capital on sectors hit the hardest from the economic conditions...One of those was theatres specifically AMC when there was fears they were filing for bankruptcy...I bought 5k shares at $2 and when they were bailed out I bought another 5k...A year or 2 later thanks to that meme shyt I sold at like almost $60...I had other investments like this too, obviously not all worked out like AMC but I ate REAL GOOD off COVID...

That's how you work recession type conditions, save your capital and be patient, look at the sectors hit the hardest and go long...Obviously there is tremendous risk, but scared money don't make money...If you do your research and play your cards right usually within 3-5 years you will be eating good...

 

[Serious]

 

[NZA]

Anyone here just a buy and hold ETF type of person? What do you prefer between Schwabb, Vanguard and Fidelity?

i use schwab and prefer to pick my investments but i do have a little money in SWYGX

 

[KING WILL]

Saw a headline earlier that said something like:

This is Nasqads best 1st half of the year in 50 odd years.

* Maybe it said 50+ year history*