Don’t believe it, maybe a few new investors but would have invested with or without the covid handout. The majority would have just used it to pay for their everyday expenses like I did.
OT: Stock and Investment Thread
- Thread starter RU05
- Start date
IDK, hard to deny the numbers and the money didn’t appear out of thin air:
“Retail trading just wrapped up a record year in 2020, as unprecedented market volatility and Covid lockdowns created a unique opportunity for regular investors to play the stock market's surprising comeback. JMP Securities estimates the brokerage industry added roughly 10 million new clients in 2020, according to app download data from SimilarWeb. More than 6 million of those clients flocked to Robinhood.”
^^^^^ Truth.
Big buying day! Loaded up on a few favorites. Also, Cramer and the Charity Trust making large buys in multiple sectors.
Awaiting GOOGL's earnings report.
I did some buying, but you have announced many many big buying days over the last 5 months….. and here we sit, at a six month bottom. They all can’t be big buying days….. prudent investing would be to gradually invest on days like this. Especially, with what has happened to the TQQQ and the UPRO over the last month.
I did buy NVDA at 188 but sold it later for a dollar profit. There will be plenty of buying in the next few days But it’s not over today. I think the panic is setting in and people are liquidating to meet their margins,
GOOGL - $70B buy back!
Mixed results for the quarter, but ad rev and margin UP.
MSFT looks good across the board.
I think AMZN will be 300-500 lower Than current low when earnings come out, maybe 2,200-2,400.
brought 2 share GOOG after earnings but expect to buy more At $2,000.
Solids earnings for both. Amazing companies, just gotta keep buying! Scared investors are such a blessing.
Visa earnings are a nice indicator of the strength of the consumer (and overall economy).
MSFT now positive once stupid investors actually read and thought about the earnings report. LOL!
Forward guidance is the concern with today's earnings announcements. The yellow flag has been hoisted. Pay attention, or pay dearly.
Funny to watch scared investors immediately sell MSFT down 5% and then watch it rebound to green once people actually read the earnings report. Home run across the board for my #1 holding!
Could you imagine the arbitrage opportunity if we weren’t guaranteed to end up on a sanction list? LolHow can we short the Russian economy?
I actually looked into making plays on the ruble in 2014.
Closed at 270.22.Funny to watch scared investors immediately sell MSFT down 5% and then watch it rebound to green once people actually read the earnings report. Home run across the board for my #1 holding!
266.00 -4.22 (-1.56%)
After hours: 5:03PM EDT
Funny, huh?
Wow, silly sellers lost money selling it at 5% down. Thanks for the update!
It's all about valuations in this climate. MSFT is a great company. Just expensive at around a 29 p/e.
Cheap for that growth. MSFT is an indispensable company that society is integrated with. Seriously, you need to be buying during such a correction. Don't keep missing out.
It didn’t go down 5% after hours, it initially went down $5, big difference. If it went down 5%, I would agree with your “silly” comment.
LMAO….this is going to be super entertaining
MSFT now UP almost 5%. LOL, so many investors are emotional little children.
GOOGL ending the extended session down only 2.5%. Battled back to cut loses. $70B buyback and 20-1 split coming soon.
Plan is to continue to add to my leveraged ETFs in my fun account when I can lower CBs. All other accounts are just stick to the plan.
Good advice from Cramer, plan accordingly:
GOOGL ending the extended session down only 2.5%. Battled back to cut loses. $70B buyback and 20-1 split coming soon.
Plan is to continue to add to my leveraged ETFs in my fun account when I can lower CBs. All other accounts are just stick to the plan.
Good advice from Cramer, plan accordingly:
What’s the latest on QS? Kind of lost track but you just reminded me it was once on my watch list.
Which leveraged ETF's are in your portfolio and are these trades or investments?
I have:
TQQQ (3x of the QQQ)
UPRO (3x of the S&P 500)
USD (2x of the semiconductor index)
UWM (2x of the Russell 2000)
These are long holds for me. I will keep adding to them while the market is weak. I did a brief trade with SOXL (3x semis), but that one was too wild for me. In a span of a few weeks, I had a bunch of 15% days (either + or -).
More of a trade than an investment. Sold a bunch when it hit 20. Bought some back at 15. Have another order in at 11. The company itself is far from making a profit or a product. But they are making progress on solid state battery and have deep pocket investors to keep the lights on.
At least one concern, as CNBC is telling it, is that the current strong demand is going to force the fed to be more hawkish. A .75 hike, which not too long ago was never mentioned, is now being mentioned quiet often.
0.75 is just stupid talk right now for certain people to get attention. Most importantly, CLs can stop with the recession is coming FUD, because it is nonsense.
Given what you have made on this stock, you should be diversifying away from it. Definitely not buying more. But time will tell. I wish that I had loaded up on it several years ago.
He is just frustrated since the market is acting like an emotional child. There is so much irrational fear going on that the snap back is going to shock people. This is setting up like the March 2020 recovery once again.
We had back to back 30% gains in the S&P. Inflation at 40 year highs, with significant fed tightening coming. I think this pullback is pretty rational.
Now this probably is providing us a good buying opportunity, especially as we look a few years out, but this current downward trend does make sense.