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Stock market

It's definitely a pain but I am hopeful that with many countries individually negotiating with the US, the tariffs will pull off a major rebound. I'll say this much, whatever your feeling is about Trump, at least he was honest about what he intended to do and he admitted that in the short term we will feel the pinch. As someone who voted for him, I am hoping that Trump's prediction about improved domestic industry, capacity, and negotiated tariff deals will yield benefits. And if Trump fails the people who voted for him, then his admin will be held responsible and the mid terms and next elections will reflect it.
 
Astro95 said:
I got a feeling we’re going all the way to the bottom
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It's almost up to where I bought my options on Friday. If anything I hope worse case scenario it at least holds until open so I can sell. And watch, if I do that it will shoot up $40 like it did last week, lmao
 
I’m pretty tech heavy so it’s a little painful but I’m just holding. The only people that lose are the panic sellers

In 1 year from now none of this will even matter

Also once they pass their giant funding bill the market should rocket up again
 
Wealthy individuals and powerful investors hold staggering shares; the top 10% own 93% of all stocks while the top 1% controls a jaw-dropping 50%. This concentration of wealth shapes not just individual investments, but entire industries and stock market trends
 
kinda feel like an idiot for not noticing it sooner, the port near me has a lot that is usually full of import cars, but last year I guess when it looked like biden wasnt going to continue a large field was cleared and leveled. At first we thought they were going to build new homes, soon a fence went up, and over a few months it was filled with cars. So we were flooded with cars before Trumps tariffs. Im assuming this is inventory to hold over the car market until this trade war ends
 
Stock market is up, be interesting to see how the day ends
 
heckler7 said:
kinda feel like an idiot for not noticing it sooner, the port near me has a lot that is usually full of import cars, but last year I guess when it looked like biden wasnt going to continue a large field was cleared and leveled. At first we thought they were going to build new homes, soon a fence went up, and over a few months it was filled with cars. So we were flooded with cars before Trumps tariffs. Im assuming this is inventory to hold over the car market until this trade war ends
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Pretty sure most manufacturers did this. I was reading apple imported a huge surplus of devices before last week. Wife bought a iPhone on Saturday and the price was the same as a month ago.
 
Sector. said:
Looks like bitcoin is going to retest somewhere in the 60-70k range. I’ll probably scoop some up around $70k and use it for a future order when it rebounds
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I've brought thousands of dollars worth of gear...literally for hundreds based on BC and Etherium returns. I'll wait a minute for the bounce back. Remember when BC went down to 4000 around during Covid round 1! I made a couple thousand in profits from a couple hundred spent...
 
Doug 64 said:
I've brought thousands of dollars worth of gear...literally for hundreds based on BC and Etherium returns. I'll wait a minute for the bounce back. Remember when BC went down to 4000 around during Covid round 1! I made a couple thousand in profits from a couple hundred spent...
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Holy Shit, I don't remember that. It really went down to 4k? Damn.
 
Battousai said:
Please do not listen to people like this
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Yeah don’t listen to a CPA that does this for a living. Large cap companies that mostly comprise of the stock indexes with good balance sheets and income statements are the last thing people should want, right?

They should follow your advice and get a pump and dump stock like MSTR, a company valued at 64 billion that was worth Pennies years ago, that’s massively overvalued, with negative equity of 6 billion and negative working capital,

Whose revenue is only 463 million a year, and who is losing 2 billion dollars a year. Really justifies the 64 billion dollar price tag, right? Yeah.. surely they should listen to you on this. You obviously know how to value companies
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Canadian Comedy GIF by CBC

Preach brother!
 
Battousai said:
Please do not listen to people like this
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I actually converted a money market to ORCL on Monday. Considered a few others in his list and since I'm still buying in I might actually convert to a few more.

None of this I post is investment advice.

haha, he posted Tsla twice.
 
heavyiron said:
I actually converted a money market to ORCL on Monday. Considered a few others in his list and since I'm still buying in I might actually convert to a few more.

None of this I post is investment advice.

haha, he posted Tsla twice.
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Did I?

Whoops. I mean it is kind of a bargain right now. It’s been hammered pretty hard
 
Sector. said:
Yeah don’t listen to a CPA that does this for a living. Large cap companies that mostly comprise of the stock indexes with good balance sheets and income statements are the last thing people should want, right?

They should follow your advice and get a pump and dump stock like MSTR, a company valued at 64 billion that was worth Pennies years ago, that’s massively overvalued, with negative equity of 6 billion and negative working capital,

Whose revenue is only 463 million a year, and who is losing 2 billion dollars a year. Really justifies the 64 billion dollar price tag, right? Yeah.. surely they should listen to you on this. You obviously know how to value companies
View attachment 176316View attachment 176317View attachment 176318
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Ok. Sorry for my backhanded comment, bad day. Let me rephase.

Tbh, I just glimpsed over it. Some of those I am heavily invested in. 50% of my portfolio is Tesla and a small percentage in Nvida. The main reason I said to "not listen to people like this" is because I can't stand when people say to spread your money out to many stocks. That is an extremely unproductive way of allocating money. Most of the stocks will gain little to no interest in years to come. Why even invest in them when you have a stock like Tesla that is going to be work $2k in 5 years? In fact the top investors invest in a very narrow amount of stocks, not 50 fucking stocks. If you want to do that you are basically shooting yourself in the foot.

Secondly. MicroStrategy is not a "pump and dump" lmoa. Do you even understand what that means. It's when a bunch of people pump of a stock or token to rug pull it. The reason MSTR is worth what it is is because they are the largest private bitcoin holder in the world, not because of bunch of people conspired to pump the coin and then any day it's just going to crash. The value of mstr is directly connected to the value of bitcoin. In fact, mstr moves much faster than bitcoin when bitcoin is increases (it also decreases faster when bitcoin is dropping). The biggest institution on the planets aren't investing millions into a fucking pump and dump stock. What the fuck are you even talking about dude. You think someone in your position would understand this. Can't wait to revisit the rediculious statement years down the road. Been doing this for quite a while and I've created quite a comfortable life from doing options over the years.
 

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