Author Topic: Stock Market discussion (Read 50993 times)

Marty Champions · « **Reply #300 on:** February 23, 2021, 05:43:42 AM »

Quote from: El Diablo Blanco on February 23, 2021, 05:17:15 AM

it's because our entire economy is smoke and mirrors now.

now?

FitnessFrenzy · « **Reply #301 on:** February 25, 2021, 03:57:19 AM »

El Diablo Blanco · « **Reply #302 on:** February 25, 2021, 05:37:12 AM »

I bought some AMC on the dip and in the last two days doubled my money, started with $2500 and now at $5K. Fuck Bitcoin.

evacnam · « **Reply #303 on:** February 25, 2021, 06:17:58 AM »

Quote from: El Diablo Blanco on February 25, 2021, 05:37:12 AM

I bought some AMC on the dip and in the last two days doubled my money, started with $2500 and now at $5K. Fuck Bitcoin.

I dont invest (cause Im poor lol), but I enjoy watching the roller coaster ride of stocks lately and the posts about it on reddit

FitnessFrenzy · « **Reply #304 on:** February 25, 2021, 08:25:55 AM »

on the wallstreetbets reddit page, there is a GME thread, which was created 3 hours ago, and it has 48.341 comments

jude2 · « **Reply #305 on:** February 25, 2021, 07:30:06 PM »

Quote from: El Diablo Blanco on February 25, 2021, 05:37:12 AM

I bought some AMC on the dip and in the last two days doubled my money, started with $2500 and now at $5K. Fuck Bitcoin.

Same here. I am buying more tomorrow.

FitnessFrenzy · « **Reply #306 on:** February 28, 2021, 05:56:30 AM »

Griffith · « **Reply #307 on:** February 28, 2021, 07:00:08 AM »

Quote from: FitnessFrenzy on February 28, 2021, 05:56:30 AM

Thanks, added to my reading list.

gib · « **Reply #308 on:** February 28, 2021, 07:29:05 AM »

There is a huge (and long overdue) move to value stocks underway.

The next big cyclical trend will be:

-Companies who have "real" businesses already profitable, and with a track record of income, trading at super low PEs. Think chemical companies, energy, blue collar manufacturing.

-Massive post-covid rotation underway, Hotels, airlines, hospitality, casinos.

-Banks should also do OK.

-Property REITs of all types should do OK (despite work from home trends and buy online trends) simply due to return to normalization and comparative yield.

-Companies that have positive earnings, healthy balance sheets, low debt, and good yields will be the huge focus area next 12-18 months.

FitnessFrenzy · « **Reply #309 on:** February 28, 2021, 10:36:32 AM »

Quote from: Griffith on February 28, 2021, 07:00:08 AM

Thanks, added to my reading list.

I like his fee argument.

El Diablo Blanco · « **Reply #310 on:** February 28, 2021, 12:18:31 PM »

Quote from: jude2 on February 25, 2021, 07:30:06 PM

Same here. I am buying more tomorrow.

I set a sell order at $11. It hit 11 for a second and I ended up tripling my money on AMC. $2500 to 7200. Not a bad week.

jude2 · « **Reply #311 on:** February 28, 2021, 05:29:37 PM »

Quote from: El Diablo Blanco on February 28, 2021, 12:18:31 PM

I set a sell order at $11. It hit 11 for a second and I ended up tripling my money on AMC. $2500 to 7200. Not a bad week.

That is exactly what I sold for the last time. It would be nice to do it again.

Griffith · « **Reply #312 on:** March 01, 2021, 09:01:32 PM »

Gold at some good buying prices now.

SOMEPARTS · « **Reply #313 on:** March 02, 2021, 12:19:37 PM »

Quote from: Griffith on March 01, 2021, 09:01:32 PM

Gold at some good buying prices now.

If you can get it in hand. Also, define "good" .. might want to get some charts out.

FitnessFrenzy · « **Reply #314 on:** March 03, 2021, 07:13:25 AM »

sync pulse · « **Reply #315 on:** March 03, 2021, 08:41:48 AM »

Quote from: gib on February 28, 2021, 07:29:05 AM

There is a huge (and long overdue) move to value stocks underway.

The next big cyclical trend will be:

-Companies who have "real" businesses already profitable, and with a track record of income, trading at super low PEs. Think chemical companies, energy, blue collar manufacturing.
-Banks should also do OK.
-Companies that have positive earnings, healthy balance sheets, low debt, and good yields will be the huge focus area next 12-18 months.

Not saying this isn't true...It just feels like an astrology forecast...

Like the analogue weight training advice:..."Engage in resistance exercise....Eat nutritious well balanced meals...and you will have big fuckn' muscles kid..."

Griffith · « **Reply #316 on:** March 03, 2021, 09:14:40 AM »

Quote from: SOMEPARTS on March 02, 2021, 12:19:37 PM

If you can get it in hand. Also, define "good" .. might want to get some charts out.

Krugerrands, yes.

At a 10 month low, so reasonably good if one wants to buy now.

SOMEPARTS · « **Reply #317 on:** March 04, 2021, 10:31:27 AM »

Strong 3 black crows pattern on the Nasdaq if things stay as they currently are today.

Griffith · « **Reply #318 on:** March 04, 2021, 10:57:36 AM »

Gold now at $1690.

El Diablo Blanco · « **Reply #319 on:** March 05, 2021, 09:24:17 AM »

TESLA is getting their ass whipped. Wasn't this expected.

SOMEPARTS · « **Reply #320 on:** March 05, 2021, 10:13:39 AM »

Quote from: El Diablo Blanco on March 05, 2021, 09:24:17 AM

TESLA is getting their ass whipped. Wasn't this expected.

Seems Musk bought all that bitcoin for a reason, eh?

GigantorX · « **Reply #321 on:** March 05, 2021, 04:45:08 PM »

Quote from: SOMEPARTS on March 05, 2021, 10:13:39 AM

Seems Musk bought all that bitcoin for a reason, eh?

Musk is many things....a giant, colossal scheister is one of them.

SOMEPARTS · « **Reply #322 on:** March 05, 2021, 07:15:06 PM »

Plunge Protection Team is working hard on Fridays.

FitnessFrenzy · « **Reply #323 on:** March 07, 2021, 02:15:09 AM »

Tesla stock down about 32 % from its peak.

Will it ever reach that peak again? I am sceptical. They are losing EV market share in Europa and Tesla's enormous stock price earnings ratio is likely not sustainable in a rising bond yield environment. And some time in the future, the fed will begin to raise interest rates again.

El Diablo Blanco · « **Reply #324 on:** March 07, 2021, 05:20:10 PM »

Quote from: FitnessFrenzy on March 07, 2021, 02:15:09 AM

Tesla stock down about 32 % from its peak.

Will it ever reach that peak again? I am sceptical. They are losing EV market share in Europa and Tesla's enormous stock price earnings ratio is likely not sustainable in a rising bond yield environment. And some time in the future, the fed will begin to raise interest rates again.

Tesla was claiming profits not from selling cars but from selling credits. Those credits will dwindle down because other car manufacturers are upping their EV game.