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Featured Replies

1 hour ago, closetohumping said:

Palantir leadership dumped about 2.5 million shares.  Lmao.  Well palyed

Meme stock.

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  • That's why I'm out. There is no end game, IMO. This has to be fixed outside of the market and I got too nervous about what that entails for retail investors. They will always be last on the list, if o

  • Rusty Shackelford
    Rusty Shackelford

  • I'm not a financial advisor. This is not financial advise. I don't work in finance. I do not have a degree in finance. Actually, I have a BA and I'm bad at math past Cal I. I won't apologize for the l

Posted Images

Need a little advice from the Surly 1%ers.....

I have a list of about 20 stocks with ten bagger growth potential that I would like to buy, but I have no cash to do so and will not use margin. I bought a pauper's palm of AMZN a few years back (i should have poured every dollar into it instead) and I've realized a 535% return since. Would it be a mistake to liquidate that position and use that money to diversify or should I find some other way to come up with more trading money and hold AMZN long term?

6 minutes ago, Gourmand said:

Need a little advice from the Surly 1%ers.....

I have a list of about 20 stocks with ten bagger growth potential that I would like to buy, but I have no cash to do so and will not use margin. I bought a pauper's palm of AMZN a few years back (i should have poured every dollar into it instead) and I've realized a 535% return since. Would it be a mistake to liquidate that position and use that money to diversify or should I find some other way to come up with more trading money and hold AMZN long term?

giphy.gif

5 minutes ago, Gourmand said:

Need a little advice from the Surly 1%ers.....

I have a list of about 20 stocks with ten bagger growth potential that I would like to buy, but I have no cash to do so and will not use margin. I bought a pauper's palm of AMZN a few years back (i should have poured every dollar into it instead) and I've realized a 535% return since. Would it be a mistake to liquidate that position and use that money to diversify or should I find some other way to come up with more trading money and hold AMZN long term?

you need to decide which scenario is likely to increase in value more over your time frame. is AMZN going to be a 10 bagger from here? will all 20 stocks hit or only 1 or 2? if only 2 hit, will that bring in more money than however much AMZN increases in value?

if we all had crystal balls we'd all be rich!

2 hours ago, PenelopeWitherspoon said:

Welp, down 1500 this morning across all my accounts.  I have lost 6-8k over the last two weeks.  I know it isn't as much as some of you, but jesus.  That is 1/4 of my value.

25%?? Over the past 2 weeks? I've lost maybe 1% over that time. Have you considered index ETFs? I don't think you can really go wrong with VTI, SCHB, IVV, QQQ, etc... Sure it's not sexy, but at least you can just laugh at Elon's dumb fuck tweets rather than getting but fucked.

I just got a glimpse at my watchlists, on a travel day. Holey shit that is a lot of red, especially in my stonks.

Hopefully, I get a chance to buy something tomorrow after I get settled. Never forget ... long-term stocks only go up (it must be true, I read it on the internet)

25%?? Over the past 2 weeks? I've lost maybe 1% over that time. Have you considered index ETFs? I don't think you can really go wrong with VTI, SCHB, IVV, QQQ, etc... Sure it's not sexy, but at least you can just laugh at Elon's dumb fuck tweets rather than getting but fucked.

Good lord you’re lame! (Joking of course)
25%?? Over the past 2 weeks? I've lost maybe 1% over that time. Have you considered index ETFs? I don't think you can really go wrong with VTI, SCHB, IVV, QQQ, etc... Sure it's not sexy, but at least you can just laugh at Elon's dumb fuck tweets rather than getting but fucked.

This is my play account. Not my retirement accounts. Those are in indexes and funds.
1 hour ago, B00M said:

Have you considered index ETFs?

The problem with ETF's these days is that most of the Index funds are extremely weighted with Amazon/Apple/Microsoft/Facebook/Tesla/Google. When they move, everything moves.

Meme stock.
Nope....deal with IBM, 3M expanded deal today, government contracts....

Palantir has nowhere to go but up...most were expecting a big sell of shares when the lockup expired , so that wasn't really news

20 hours ago, PenelopeWitherspoon said:

Welp, down 1500 this morning across all my accounts.  I have lost 6-8k over the last two weeks.  I know it isn't as much as some of you, but jesus.  That is 1/4 of my value.

You’ve never lost unless you sold on the dips.

20 hours ago, PenelopeWitherspoon said:

I am still up on my investment in, but fuck.

Then you wouldn’t have lost even if you sold. A small win, is still a win.
 


 

Keep some cash handy in your play account for big dips. It makes red days more fun, knowing you’re purchasing good stocks while they’re on sale.

2 hours ago, Coelenterate Fuccboi said:

You’ve never lost unless you sold on the dips.

buy the dip GIF

6 minutes ago, Coelenterate Fuccboi said:

You must be referring to the additional bags I purchased last week.

We thank you for your service to the 1%.

20 hours ago, PenelopeWitherspoon said:


This is my play account. Not my retirement accounts. Those are in indexes and funds.

I think a play account can still use ETFs pretty heavily, especially ones from people like ARK. 

 

I have  following ETFs included in my play account:

VTI

BOTZ

BMED

ICLN

EDOC

CHIQ

SCHH

AIQ

ARKK

ARKQ

TAN

VYM

LIT

SNSR

SUBZ

 

Of course my play account may be different than your play account. I don't plan on selling any of them for decades.

 

Edited by SimonBolivar

12 minutes ago, bluto said:

Every glimmer of momentum shat upon thoroughly

Save us!

il_794xN.2814445049_i0sc.jpg&f=1&nofb=1

 

14 minutes ago, SimonBolivar said:

Of course my play account may be different than your play account. I don't plan on selling any of them for decades.

Your play account sounds like most marriages. No play at all.

27 minutes ago, SimonBolivar said:

I think a play account can still use ETFs pretty heavily, especially ones from people like ARK. 

 

I have  following ETFs included in my play account:

VTI

BOTZ

BMED

ICLN

EDOC

CHIQ

SCHH

AIQ

ARKK

ARKQ

TAN

VYM

LIT

SNSR

SUBZ

 

Of course my play account may be different than your play account. I don't plan on selling any of them for decades.

 

So, like, retirement.

20 minutes ago, Hank_Hill said:

So, like, retirement.

Well yeah, but these are more fun "What will the future look like" picks than my boring ass target date retirement accounts.

1 hour ago, SimonBolivar said:

I think a play account can still use ETFs pretty heavily, especially ones from people like ARK. 

 

I have  following ETFs included in my play account:

VTI

BOTZ

BMED

ICLN

EDOC

CHIQ

SCHH

AIQ

ARKK

ARKQ

TAN

VYM

LIT

SNSR

SUBZ

 

Of course my play account may be different than your play account. I don't plan on selling any of them for decades.

 

Yeah, my play accounts are really more short term (sometimes days, sometimes weeks or months).  

4 hours ago, Coelenterate Fuccboi said:

You’ve never lost unless you sold on the dips.

Then you wouldn’t have lost even if you sold. A small win, is still a win.
 


 

Keep some cash handy in your play account for big dips. It makes red days more fun, knowing you’re purchasing good stocks while they’re on sale.

Yep.  Working on doing that at the moment.  

Question, do we think this dip is temporary?  I feel like the excitement in the market flailed as the stimulus is taking longer to get passed.  I feel like once it passes, or passage is inevitable, we will see a rise.  Maybe not as high, but investors are fleeing tech stocks due to interest rates, and with new money hitting the economy, I would imagine interest rates would fall again.

 

 

1 hour ago, PenelopeWitherspoon said:

Question, do we think this dip is temporary?  I feel like the excitement in the market flailed as the stimulus is taking longer to get passed.  I feel like once it passes, or passage is inevitable, we will see a rise.  Maybe not as high, but investors are fleeing tech stocks due to interest rates, and with new money hitting the economy, I would imagine interest rates would fall again.

 

 

I think the stimulus is completely baked in at this point to be honest.  

3 hours ago, PenelopeWitherspoon said:

Question, do we think this dip is temporary?  

 

 

 

confusedblackguymeme.jpg

What dip?

Quote

...
In response to a questions posed by Congressman Warren Davidson about whether “M2 [money supply] going up by 25% in one year” is going to “diminish the value of the U.S. dollar,” Powell responded, “there was a time when monetary policy aggregates were important determinants of inflation and that has not been the case for a long time.”

Powell added that “the correlation between different aggregates [like] M2 and inflation is just very, very low, and you see that now where inflation is at 1.4% for this year. Inflation dynamics evolve over time, but they don’t tend to change overnight.”
...

https://www.kitco.com/news/2021-02-24/Jerome-Powell-says-money-printing-doesn-t-lead-to-inflation.html

Asset bubbles aren't inflation, so cool, cool...brrrrrrrrrrrrrrrrrrt

10 minutes ago, Doc Holliday said:

Ride the waves, ride the waves, ride the waves

Party Rock Anthem Dancing GIF by World TeamTennis

2 minutes ago, Cheeseweasel said:

This Is Fine GIF

No shit. We recession now boys?

12 minutes ago, BradInATX said:

Nearly 3% drop today? Da fuq?

 

6 minutes ago, BradInATX said:

No shit. We recession now boys?

The last week or so has been rough, but today seemed to be primarily just GME squeeze fear.  VIX has basically just been shadowing GME since yesterday afternoon. Also, the last half of February is usually a down time for the market. Here's to rallying next month.

Edited by Burt Macklin

For once thread title is accurate. Not to worry, though.

On 2/25/2021 at 12:02 AM, PenelopeWitherspoon said:

I feel like the excitement in the market flailed as the stimulus is taking longer to get passed.

I’m sure our politicians have a price point they’re looking for, so they can buy the ultimate dip, before approving any stimulus. Just be patient and let them double their money. Then we can fight over scraps. Kind of joking...

  • Author
For once thread title is accurate. Not to worry, though.


Figure page one needs a reference point.
Dow 23,530
S&P 2,590
Nasdaq 6,990

Also for the record the original Shag thread title comes from a -2% day on Feb 3, 2014
DJIA: 15,372
Nasdaq: 3,996
S&P: 1,741


In JPow we trust! Brrrrt!!!

Japan nikkei jumped off a damn cliff 4%. Another interesting day on tap tomorrow

Nikola Q4 earnings.

https://seekingalpha.com/article/4409268-nikola-corporation-nkla-ceo-mark-russell-on-q4-2020-results-earnings-call-transcript

 

This is some of the stupidest, funniest, most insane ridiculous shit I have ever read.  Im actually offended how such blatant bullshit is still traded on the market and not SEC'ed to death.  If I'd to break down all the retarded thing in here, i'd run up all the surly bandwidth.

2 hours ago, 52-80 said:

Nikola Q4 earnings.

https://seekingalpha.com/article/4409268-nikola-corporation-nkla-ceo-mark-russell-on-q4-2020-results-earnings-call-transcript

 

This is some of the stupidest, funniest, most insane ridiculous shit I have ever read.  Im actually offended how such blatant bullshit is still traded on the market and not SEC'ed to death.  If I'd to break down all the retarded thing in here, i'd run up all the surly bandwidth.

Stocks down 2%.  Lol

stabilizers holding during this nascent bond tantrum, for the moment. (2013 was the last bond tantrum).

One perspective - from Bloomberg:

https://www.bloomberg.com/opinion/articles/2021-02-26/treasury-bond-tantrum-is-a-big-test-of-central-banks-mettle

. . . For developed stock markets, the question is whether a spike in bond yields can upset valuations.

  • Tech, which has benefited tremendously from the conditions of the last year, is obviously the source of greatest concern (although to be fair, investors are sitting on fat profits in the sector).
  • Over the last five years, the MSCI World as a whole has shown a tendency to hit a plateau and decline when tech earnings yields drop too far compared to 10-year Treasury yields.
  • That choke point was passed a week ago, and has been followed with this week’s exciting events . . .

The author's conclusion: 

Spoiler

This is decent evidence that bond yields have reached a high enough level to thwart further advances in the stock market. It isn’t yet clear that they would on their own drive a major fall.

On this basis, investors might want to fill up on U.S. banks, U.S. automakers, and European utilities. Banks in particular are already doing well. U.S. retail is, by a country mile, the sector you most want to avoid. 

Those, I think, are the best guidelines for now. In the longer term, the questions over whether bets on reflation are justified will rest on fascinating and profound issues of macroeconomics (and epidemiology). A true bond tantrum could yet turn into the fixed-income bear market that many of us have been bracing for. For now, this is a big market test of the central banks. It’s their move next.

Watch yer ass and good luck. Know your limits, Master Wayne.

Women: Know Your Limits - Imgflip

 

 

Edited by washparkhorn

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