Calm down, the Nasdaq is down 5% from its high. You can cherry pick a few stocks at any time, but a few stocks are irrelevant to the correction or bear market topic.
OT: Stock and Investment Thread
- Thread starter RU05
- Start date
I was buying in the morning a lot of techs and most of them are off their lows from this morning. This is in the middle of the correction since GOOG And MSFT hasn’t really gone down much. I got a lot more buying to do. Also got my HD when it was down $12 this morning.
If you are an investor, just another day. If you are a trader, different story.
Bought a bunch this morning as well, too many good deals to pass up (VWIGX, IDRV, HAIL, SOXX, XSD, and ARKK). These "corrections" are always a blast!
Even with my crypto portfolio I'm not a trader. Too time consuming and risky (as in trading all of your assets or a majority of them).
I spend about 1/2 hour a day updating my schedule and it keep me busy and off this board. I track about 20-25 stocks that I would trade and if they hit the criteria I either buy or sell it. I think it’s less risky than holding for a long period. If the stock doesn’t move in the direction I expect , I become an investor and just hold it for a couple of months or even a year.
Yeah, I have to imagine that traders need a system to follow. Otherwise, you can get lost in the wilderness (lots of action everyday).
Cryptos are entirely a separate animal. As for tech stocks, modestly down, but no biggie. Made positive returns on the buys this morning.
Papa Powell dropping the truth. The party will continue for the foreseeable future!
3318 for $170,000,000 comes to over $51k per coin. So they're down about $21 million at the moment.
That explains why they are down 5% after hour despite a quarterly beat on rev and earnings.
So when BTC gets back to 60K'ish, Square share will go up 20%? I don't think things work like that my gloomy friend.
Like to hear your reason why the stock is down after reporting better than expected numbers.
And in 2-3 days, he may be up 20%. I look forward to you posting about this when BTC is up or are you always gloomy?
Silly question, happens all the time and everyday with countless stocks. D'uh.
You are trying to hard now to be gloomy.
Not gloomy. Your point is my point. The article came out saying he was the highest paid player when BTC hit 56k.
I look forward to your update on his salary when BTC hits its next high. I'll be watching for it!
Unless you are gloomy.
You are swinging and missing tonight. The point is his salary is the same and BTC is going up and down. Anyone saying he is getting paid more because BTC is up is just wrong.
BTC may have a future. But right now it’s a circus with ringleaders like Winklevoss and Musk. Fortunes will be made and lost. It’s like Russian Roulette.
Its comical how hypocritical you are. You have multiple posts in last couple hours how everything is wonderful but when someone else posts their opinion they're a Debby Downer. You should listen to contrarian views - you might learn something.
I've listened countless time. GloomyBro#1 and GloomyBro#2 just keep posting the same thing over and over and over and over and over and over again. Look at the posts from others and the real conversations about companies and investment ideas. Then look at what the Bros do even when a post isn't about TSLA or BTC.
I’ve been playing this game for a while. Made plenty of mistakes early on by chasing the next big thing. If your idea of investing is gambling, there is nothing wrong with that assuming you aren’t putting your finances in peril. And it sounds like you are in a position to sustain losses. Just keep in mind that folks on this board my actually take your advice and jump on BTC without understanding the risks (shame on them). So, it wouldn’t be the worst thing to be a bit more objective on perhaps the most speculative and volatile asset in modern history. I’m not even saying you are wrong about BTC. Only time will tell.GloomyBro#2 enters the room.
It’s all good we just hope you get the help you need:
I believe everyone on this board has been crystal clear of the wild ride that cryptos pose. Why do you think I have limited it to 0.3-0.4% of our investment assets? And yes, it is fun. My focus on funds/etfs/indexes gets a little dry from time to time!
Have you read this yet?
Hoping to learn a little more about the rise of Bitcoin. I’m a big Mezerich fan from his other books- Bringing Down the House (the movie 21), Accidental Billionaires (Facebook movie) and his yet to be written book about the Wsb/GameStop saga. About a quarter of the way into it, so far so good.
Plenty of stuff online from all POVs. Why write a book on GME? Pretty clear and public on what happened. Happily, I am not a stock person (except for the 4 in my crypto portfolio), especially after all of the WSB craziness! WSB could be a positive movement, if they choose good stocks to push and elevate,
Could just skip the middle personAnd I bought more ARKK.
Yeah $120M worth of TSLA is a PR stunt otherwise she would have really loaded up. She is trying to bait the RH folks and CW fans to build a floor around $700 p/sh.
Sometime late last year and I did a quick review of my funds to figure out how much Tesla we owned. The number is ever changing, but it was likely somewhere between $60,000 and $80,000. LOL.Could just skip the middle person
Can't get away from it even if I don't buy it directly! We have added ARKK, but I know several of my other big funds decreased their TSLA holdings (FDGRX was one of them), so it is probably a wash.