Society Corona - Stock Market thinktank

Welcome to our Community
Wanting to join the rest of our members? Feel free to Sign Up today.
Sign up
Wild

Wild

Zi Nazi
Admin
Dec 31, 2014
90,131
129,719
Hauler said:
Click to expand...
It’s pretty impressive that the Fed, Wall St, and the media have been able to prop the market up this long honestly. Earnings sucked, massive layoffs, tech is a shit show, inflation, debt, threat of war, Captain Fuckstick in office, etc. There is nothing to be optimistic about.
 
Hauler

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,659
59,545
Wild said:
It’s pretty impressive that the Fed, Wall St, and the media have been able to prop the market up this long honestly. Earnings sucked, massive layoffs, tech is a shit show, inflation, debt, threat of war, Captain Fuckstick in office, etc. There is nothing to be optimistic about.
Click to expand...
The only thing I have to be optimistic about is eternal optimism. But I'm aware this entire thing is a house of cards.

The end of this administration can't come soon enough. What an absolute shit show.
 
BeardOfKnowledge

BeardOfKnowledge

The Most Consistent Motherfucker You Know
Jul 22, 2015
60,719
56,226
Wild said:
It’s pretty impressive that the Fed, Wall St, and the media have been able to prop the market up this long honestly. Earnings sucked, massive layoffs, tech is a shit show, inflation, debt, threat of war, Captain Fuckstick in office, etc. There is nothing to be optimistic about.
Click to expand...
I like that they're now speculating that keeping interest low is the right move.
 
Hauler

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,659
59,545
sparkuri said:
If you're a day trader for sure.
Click to expand...
Not a day trader. Usually.
Buy when a solid stock drops 40% just because it's in the same sector as a failed company - it's typically easy money.

I have no problem selling a stock the day after I bought it. Taxes be damned. Money is money. Sometimes you have to wait a full year to earn 30%. Sometimes it only takes 24 hours.

Did it plenty during the Covid Collapse. Should have done it here.
 
Hauler

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,659
59,545
5 of the top 10 premarket leaders this morning are banks.

NYCB up 28%
PACW up 18%
WAL up 10.5%
USB up 6%
ZION up 5.4%

Except for 1...which is leading the laggards...
First Republic (FRC) is down 18%
A month ago, FRC was at $124. Now? $18
 
Hauler

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,659
59,545
AMC up but not crazy.
Is history about to repeat itsef?
 
You must log in or register to reply here.
Top Bottom