Author Topic: Stock Market discussion  (Read 52869 times)

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 28967
  • evolving
Re: Stock Market discussion
« Reply #325 on: March 08, 2021, 02:06:58 AM »
Strong 3 black crows pattern on the Nasdaq if things stay as they currently are today.

I think we will see a bottom in QQQ soon (Nasdaq). Most of the top companies are profitable. We are not in a situation like the 2000 bubble where most of these companies are not making money. I guess we will see the bottom when some of the high flying names like ARKK and Tesla form a technical bottom.

Flexacon

  • Getbig V
  • *****
  • Posts: 8115
Re: Stock Market discussion
« Reply #326 on: March 08, 2021, 10:04:56 AM »
Gamestop looks like it's going retarded again

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 28967
  • evolving
Re: Stock Market discussion
« Reply #327 on: March 12, 2021, 03:20:24 AM »

IroNat

  • Getbig V
  • *****
  • Posts: 34552
  • "Woke is a cult." - Joe Rogan
Re: Stock Market discussion
« Reply #328 on: March 12, 2021, 03:52:12 AM »
The stock market loves Joe Biden.

El Diablo Blanco

  • Getbig V
  • *****
  • Posts: 31828
  • Nom Nom Nom Nom
Re: Stock Market discussion
« Reply #329 on: March 12, 2021, 05:29:04 AM »
The stock market loves Joe Bide for giving over a Trillion back to corporations through the bullshit stimulus plan.

fixed

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 28967
  • evolving
Re: Stock Market discussion
« Reply #330 on: March 15, 2021, 04:24:04 AM »

IroNat

  • Getbig V
  • *****
  • Posts: 34552
  • "Woke is a cult." - Joe Rogan
Re: Stock Market discussion
« Reply #331 on: March 16, 2021, 03:40:52 AM »

El Diablo Blanco

  • Getbig V
  • *****
  • Posts: 31828
  • Nom Nom Nom Nom
Re: Stock Market discussion
« Reply #332 on: March 16, 2021, 04:49:04 AM »
A big correction is coming.  The government canít continue to pay out stimulus money and interest rates will rise eventually.  This will set off a tidal wave of RE crashing and the economy tanking.

MAXX

  • Getbig V
  • *****
  • Posts: 17050
  • MAGA
Re: Stock Market discussion
« Reply #333 on: March 16, 2021, 05:36:05 AM »


Stock market goldrush. It's like in before the 30's depression when the general population started seeing the stock market as a great investment. Then eventually reality hits. The companies are not worth as much as they are pumped up to be.

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 28967
  • evolving
Re: Stock Market discussion
« Reply #334 on: March 16, 2021, 05:43:20 AM »
A big correction is coming.  The government canít continue to pay out stimulus money and interest rates will rise eventually.  This will set off a tidal wave of RE crashing and the economy tanking.

we just had a 20 - 30% correction in many tech names.
When will the next big corretion come? Nobody knows, but we can guess.

El Diablo Blanco

  • Getbig V
  • *****
  • Posts: 31828
  • Nom Nom Nom Nom
Re: Stock Market discussion
« Reply #335 on: March 16, 2021, 05:50:52 AM »
we just had a 20 - 30% correction in many tech names.
When will the next big corretion come? Nobody knows, but we can guess.

Not really, most bounced back because the Fed announced they were leaving interest rates alone and the $1.9T package was passed.  This cannot continue forever.  I'm sure Biden can keep printing money and leave the mess for the next admin so yeah, it can last a couple more years, but the fallout is going to be massive if this keeps up.

loco

  • Getbig V
  • *****
  • Posts: 19202
  • loco like a fox
Re: Stock Market discussion
« Reply #336 on: March 16, 2021, 06:09:19 AM »
"The conventional wisdom among bestselling financial writers of the seventies and eighties was that unemployment and recession would get so bad that the fiscal and monetary floodgates would be thrown open to avert depression, bringing on inflation.

To fight it, the Fed would slam on the brakes and throw the country into an even greater slump requiring even more stimulus, causing even worse inflation, requiring even tougher brake slamming...and around and around it would go, inflation, recession, inflation, recession, getting ever worse.

The "malarial economy," Howard Ruff and others dubbed it, alternating chills and fever and, eventually, collapse.  Ruff wrote How to Prosper During the Coming Bad Years and (when they didn't come) Survive and Win in the Inflationary Eighties (which proved to be highly desinflamatory).

Douglas Casey cashed in with Crisis Investing.  Ravi Batra hit #1 in 1987 with The Great Depression of 1990 (unemployment was 5.6% in 1990), the same year James Dale Davison and William Rees-Mogg weighed in with The Great Reckoning: Protecting Yourself in the Coming Depression followed by Blood in the Streets: Investment Profits in a World Gone Mad.

And so it went.  "But there is another scenario which should not be dismissed out hand," I wrote in this space in 1983, "unaccustomed though we've become to improvement: That this decade, if we keep our wits about us, could become what Paul Volcker has called the mirror image of the last one: falling energy prices, falling inflation, falling interest rates, rising productivity, rising real wages, rising employment.  I make no secret of being partial to the optimistic scenario.

I think we've laid a technological base that places us, potentially at least, on the brink of unparalleled prosperity."  And indeed the decade that followed worked out much that way.  (One indicator: The Dow quadrupled.)  And the generally positive trends continued well beyond 1993.  Seven years later, in 2000, unemployment was 4%, the Dow had nearly tripled its quadruple, our National Debt had been shrinking relative to the size of the economy as a whole.

We faced challenges, certainly, and had kicked cans down the road.  But things were looking pretty good.  Then came 2001-2008.  But then came 2009-2015, so things are again looking pretty good."


Andrew Tobias, The Only Investment Guide You'll Ever Need, Publication date : April 26, 2016
https://www.amazon.com/Only-Investment-Guide-Youll-Ever/dp/0544781937/ref=sr_1_1?dchild=1&keywords=The+Only+Investment+Guide+You%27ll+Ever+Need&qid=1614272995&sr=8-1


FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 28967
  • evolving
Re: Stock Market discussion
« Reply #337 on: March 16, 2021, 06:53:25 AM »
Not really, most bounced back because the Fed announced they were leaving interest rates alone and the $1.9T package was passed.  This cannot continue forever.  I'm sure Biden can keep printing money and leave the mess for the next admin so yeah, it can last a couple more years, but the fallout is going to be massive if this keeps up.

I am not worried. There are other things to invest in:

- houses (real estate)
- bonds
- gold
- palladium, platinum and other metals
- p2p lending
- unlisted stocks
- venture investments
- art and fine wine

El Diablo Blanco

  • Getbig V
  • *****
  • Posts: 31828
  • Nom Nom Nom Nom
Re: Stock Market discussion
« Reply #338 on: March 16, 2021, 07:56:02 AM »
I am not worried. There are other things to invest in:

- houses (real estate)
- bonds
- gold
- palladium, platinum and other metals
- p2p lending
- unlisted stocks
- venture investments
- art and fine wine

accumulate cash, a lot of it.  When the RE and Stock markets crash, which they will because they always do, you'll be able to snatch up a shitload for cheap

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 28967
  • evolving
Re: Stock Market discussion
« Reply #339 on: March 16, 2021, 08:19:48 AM »
accumulate cash, a lot of it.  When the RE and Stock markets crash, which they will because they always do, you'll be able to snatch up a shitload for cheap

I agree.

loco

  • Getbig V
  • *****
  • Posts: 19202
  • loco like a fox
Re: Stock Market discussion
« Reply #340 on: March 17, 2021, 03:13:32 AM »
accumulate cash, a lot of it.  When the RE and Stock markets crash, which they will because they always do, you'll be able to snatch up a shitload for cheap

But if RE and the stock market don't crash for years, you lose lots of money to inflation when all that cash could have been working for you and making you lots more cash invested in RE and/or the stock market.

Time in the markets, not timing the markets.  The sooner you expose your money to the markets, the greater your returns.


IroNat

  • Getbig V
  • *****
  • Posts: 34552
  • "Woke is a cult." - Joe Rogan
Re: Stock Market discussion
« Reply #341 on: March 17, 2021, 04:20:57 AM »
Loco is correct.

Keep enough cash on hand for your emergency fund.

If you stay out of the overall market you'll lose.

But you have to weather the coming storm and not panic and sell.  So you need staying power.

A market crash has been predicted for quite a few years.  If you'd stayed in cash after 2008 you'd have missed the huge rise over the past decade.

Expect a crash.  Mentally prepare for it so you don't panic and sell out.  It's going to feel lousy when it hits and you watch your portfolio drop by 50-70%.

If you hang in, the market will come back.  Make take a few years.  All that while you should keep buying more.

However, if you are heavily invested only in a few particular stocks or sectors, there is no assurance they will come back.  Those companies might go down the tubes for good, especially if they are grossly over-valued before the crash. 


El Diablo Blanco

  • Getbig V
  • *****
  • Posts: 31828
  • Nom Nom Nom Nom
Re: Stock Market discussion
« Reply #342 on: March 17, 2021, 05:33:55 AM »
We are riding at the top of the market now.  There will still be an uptick because of the stimulus money coming in but it will soon level out.  If the Gov decides they're done with the stimulus expect a big dip.  Don't forget the big money players want this dip.  They've all made huge gains over the last year and know the momentum will slow.  They'll cash out now and buy big on the dip and increase their gains again. Just like every crash, the big money players make it out clean while the average Joe is left wondering what happened to their savings and 401K

loco

  • Getbig V
  • *****
  • Posts: 19202
  • loco like a fox
Re: Stock Market discussion
« Reply #343 on: March 17, 2021, 05:38:13 AM »
We are riding at the top of the market now.  There will still be an uptick because of the stimulus money coming in but it will soon level out.  If the Gov decides they're done with the stimulus expect a big dip.  Don't forget the big money players want this dip.  They've all made huge gains over the last year and know the momentum will slow.  They'll cash out now and buy big on the dip and increase their gains again. Just like every crash, the big money players make it out clean while the average Joe is left wondering what happened to their savings and 401K

The average Joe with his 401K can and will get rich and retire comfortably, even early, and you too, if only you pay attention to the posts above and stop listening to the fear mongering, dooms day predictions and pessimism.

loco

  • Getbig V
  • *****
  • Posts: 19202
  • loco like a fox
Re: Stock Market discussion
« Reply #344 on: March 17, 2021, 05:43:14 AM »
Loco is correct.

Keep enough cash on hand for your emergency fund.

If you stay out of the overall market you'll lose.

But you have to weather the coming storm and not panic and sell.  So you need staying power.

A market crash has been predicted for quite a few years.  If you'd stayed in cash after 2008 you'd have missed the huge rise over the past decade.

Expect a crash.  Mentally prepare for it so you don't panic and sell out.  It's going to feel lousy when it hits and you watch your portfolio drop by 50-70%.

If you hang in, the market will come back.  Make take a few years.  All that while you should keep buying more.

However, if you are heavily invested only in a few particular stocks or sectors, there is no assurance they will come back.  Those companies might go down the tubes for good, especially if they are grossly over-valued before the crash.

Eggxactly!  All you need is love...and VTSAX.

Hulkotron

  • Getbig V
  • *****
  • Posts: 28371
  • stuff for dumplings
Re: Stock Market discussion
« Reply #345 on: March 17, 2021, 07:26:32 AM »
Diversity (in investments) is our strength.

Marty Champions

  • Getbig V
  • *****
  • Posts: 36465
Re: Stock Market discussion
« Reply #346 on: March 17, 2021, 07:29:53 AM »
Who cares
A

gib

  • Getbig V
  • *****
  • Posts: 4740
  • Getbig!
Re: Stock Market discussion
« Reply #347 on: March 17, 2021, 07:36:55 AM »
We are riding at the top of the market now.  There will still be an uptick because of the stimulus money coming in but it will soon level out.  If the Gov decides they're done with the stimulus expect a big dip.  Don't forget the big money players want this dip.  They've all made huge gains over the last year and know the momentum will slow.  They'll cash out now and buy big on the dip and increase their gains again. Just like every crash, the big money players make it out clean while the average Joe is left wondering what happened to their savings and 401K

The Fed has made it clear the will much rather err on the side of over stimulus (as opposed to being to cautious).

Any significant easing of stimulus, unless accompanied by really strong overall growth, will lead to not just a re-adjustment and re-allocation to value stocks, but also possibly an overall sell-off (tech and growth hit hardest). Such a "taper tantrum" would quite likely be met with, yes, you guessed it, more stimulus... :)

The saying "Don't fight the Fed" is still very applicable for now.

El Diablo Blanco

  • Getbig V
  • *****
  • Posts: 31828
  • Nom Nom Nom Nom
Re: Stock Market discussion
« Reply #348 on: March 17, 2021, 08:15:12 AM »
The Fed has made it clear the will much rather err on the side of over stimulus (as opposed to being to cautious).

Any significant easing of stimulus, unless accompanied by really strong overall growth, will lead to not just a re-adjustment and re-allocation to value stocks, but also possibly an overall sell-off (tech and growth hit hardest). Such a "taper tantrum" would quite likely be met with, yes, you guessed it, more stimulus... :)

The saying "Don't fight the Fed" is still very applicable for now.

True but the fed can't just keep printing cash and giving it away. Eventually all of that debt will need to be paid off or inflation will be out of control.  What's the answer?  Tax people to death to make the money back?

One day I wish I'd hear the gov say they're going to cut back on Military spending to make up some of the money.

AbrahamG

  • Getbig V
  • *****
  • Posts: 18364
  • Team Pfizer
Re: Stock Market discussion
« Reply #349 on: March 17, 2021, 03:21:58 PM »