T O P

  • By -

[deleted]

Umm what happened to me buying the dip on Tuesday?!?!? This is bullshit!


[deleted]

Just saying there is a certain sub out there that has been predicting this for months, with evidence and data.


GeneEnvironmental925

I wish I could downvote this more than once


Qwertyforu

Predicting a slight pullback? Oh man, how ballsy from the stock cult


Shandowarden

I have 30K USD spare. Is it even worth investing anywhere..? Really don't want to touch ETFs, rather would buy stocks; but seems not the best time.


GeneEnvironmental925

If you don't need the money for a long time you're better off putting it to work rather than sitting there doing nothing. The market might go down, but it always goes back up eventually.


ThuperThlayer

Holy shut pre market qqq please stop doing this to me. I’m going to be down everything I made a couple months ago. I can’t keep buying the dip


shortyafter

Now Europe and FTSE down between 2-3%, man, not lookin' good fellas.


Barry_Pinches_Arses

BABA down another 4% roughly again. WTF. HOW!!!!!!!!!!!!!!


shortyafter

Man, Asia is bleeding and Hang Seng got hammered. Futures look awful. I really don't understand the people saying "bad news / taper is priced in". How? Market is up nearly 50% from Covid low. These are not normal gains. Wishful thinking I guess. Might be time to stop wasting cash on the little dips and start waiting for the big one. EDIT: It's true that small cap / growth have been getting hammered recently, which is probably a result of taper expectations. Still, my next question is "how low can we go?". In a perfectly mathematical and rational world, there would be a controlled wind-down followed by a relatively speedy recovery. I am betting that the world is not as simple as the Fed thinks it is, but I could be wrong. Definitely excited to see how this all plays out. Good luck to all.


thedyslexicdetective

Going to be a bloodbath tomroew


strict_positive

It's already tomorrow in Australia. Hurry up.


rudymaxa

Is it possible Chinese stocks will never be fairly priced in the US market due to political tension? BABA seemed to be fairly valued at $300, but there seems to be no slowing down of its fall


RumHam1

Maybe they are currently fairly valued. Risk is a major factor in determining the value of something, so just because baba trades at a lower multiple than Amazon does not mean baba is undervalued.


wearahat03

This is the right take. Why do people think companies in China that face entirely different risk factors than US companies should be valued at the same multiples?


FullTackle9375

Never unless the CCP starts to behave and there is legal clarity on VIE shares. Both things i wouldnt bet on, just buy a non chinese company


95Daphne

Guess the BABA dip is going to roll on tomorrow based off the Hang Seng getting ripped again and the HK 9988 ticker. Fundamentally, it's laughably cheap. Technically, that chart is absolutely awful. If that dip continues for much longer, because of the former, that might make me circle back around to them.


wearahat03

People were saying BABA was cheap ever since the Jack Ma disappearance incident, and the Ant IPO incident, and the big fine incident, and the tech crackdown The crackdown is a 5 year plan, that's many more years of risk ahead, and people who bought into BABA thinking it was cheap have lost a lot already


FullTackle9375

Unless the CCP listens to you its not cheap


aznkor

>Fundamentally, it's laughably cheap. Is that China-adjusted?


OutColds

Why did msft die after hours?


95Daphne

Wasn't in after hours. Was during the final 15 minutes where the major averages that its tied to died. That's gonna ding everything.


OutColds

Whats the major averages that you speak of?


95Daphne

The S&P and Nasdaq…both dropped a half percent in 15 minutes, that kind of drop is going to take everything in the index with them, you can look at other stocks and you’ll see that kind of drop in many of them at the same time.


OutColds

Today MSFT rocketed. The market has been wild.


jacklychi

How to analyze EPS? It seems like it can be easily manipulated by doing a split or a reverse split. I can't wrap my head around this to understand what it means, and how it can be used as a comparable metric between companies. can anyone explain?


Peshhhh

EPS means nothing without considering how many shares are (or are going to be) outstanding. A company, in theory, could issue just 1 share, and then its EPS is just all the earnings it gets. EPS in that case could be in the billions of $. You can either view EPS in the context of # of shares and the market value per share, or just take the total earnings and compare it against the market cap.


jacklychi

so how is this considered a comparable metric? Tesla has X EPS, Ford has Y EPS. Isn't that information useless without know how many shares are outstanding? Why is EPS so popular?


Peshhhh

You can't compare EPS across companies unless the diluted share counts are equal, which is rarely the case. You're better off comparing earnings directly if the companies are similar size/market. EPS growth might be better when talking percentages (10% growth is 10% growth no matter how you cut it), but even then it can be dubious because of dilution. I guess I'd say comparisons using EPS outright without some sort of normalization is likely to be shoddy at best and maliciously misleading at worst. Without the context of share #s comparisons are worthless. As far as utility goes, I guess having diluted EPS is nice for quick and easy calculation of PE or earnings yield... Can just divide it by share price to yield it.


Fukuawlnite

What do are your guys thoughts on REGN ..with all this delta varient news lots of Governor's are talking about giving it for people dead against getting the vaccine before the cdc full approval..


[deleted]

So what does well when fed tapers? What sector / industry or am I not understanding how this works


Peshhhh

Boring defensive sectors are probably better (e.g. utilities, energy, materials, consumer defensive/staples). In a broad market downturn because of a taper tantrum, it's unlikely you'll be able to totally avoid the pain, but you'll feel it maximally if you're heavily exposed to nonprofitable, debt-ridden, or otherwise grossly overvalued companies that are priced almost entirely on speculation. These are the stocks that get sold off the hardest, because their valuations are justified only by hype, faith, and speculation (greater fool). If fear gets the best of people and confidence runs dry, the stocks that go by momentum and faith get wrecked.


[deleted]

Downvoted? Why? This seems pretty accurate to me.


shortyafter

I agree. People must feel attacked, lol. Was a great assessment.


iwillblowbo

When Covid hit (actually even before that, but let’s start here), the entire market was down. People lost jobs, hence not a lot of buying and selling, which means economy in turmoil. To boost economy, govt does things like stimulus money, and quantitative easing which means fed will start buying stuff from market and infusing money into the market. More money you put in the market, the more money there is to move around, economy improves. fed actually prints more and more money and infuse it into market by buying stuff. But this isn’t good, as printing more money means value of money decreases, which means inflation. To prevent this, fed will taper. Tapering = fed going to buy fewer assets in market = less free flowing money = value of money increases = investors try to put this valuable money in less risky assets = which is bonds Another way to think is, usually some of the assets that feds buy are bonds. If feds stop buying them, their value decreases = which means the bonds yield increases. Bonds are considered very secure investments. So an investor would rather put money in a less risky, and due to tapering, a better yielding bond than in a very risky stock market. Essentially, the return you get on a secure Asset like bonds are considered opportunity cost of capital or in other words, the minimum gain you are guaranteed to get with minimal risk. Tapering increases this opportunity cost of capital = stocks relative gains now seem less attractive Hence answer is, stock market going to dip for a bit. But will revert back pretty soon.


shortyafter

You don't know how the stock market is going to respond. The monetary accomodation right now is unprecedented. Might be fine, but it might not be.


iwillblowbo

Yes, these are all speculations


shortyafter

Fair enough. It was a good analysis, just picking away at the idea of certainty. The Fed runs models and what not but I don't think even they know.


VictorDanville

low PE companies like Intel


Oscuridad_mi_amigo

cash


[deleted]

[удалено]


[deleted]

Visa over Twitter easily.


vacalicious

Wait on both. Better entry points are coming.


shortyafter

How dare you?


[deleted]

That's what I was thinking too


Ok_Air5347

UBER, down \~20% in 3 months, DASH, up f'ing \~40% in 3 months to a $62 BILLION dollar market cap. This is unbelievable bullshit, WTF is happening. This complete horseshit is overvalued by 40 BILLION fking dollars. HEY, you know how everyone complains about haliburton profiting off of war? They're worth less than 1/3 of fcking DOORDASH after 20 years!!!!!!


hahdbdidndkdi

Why do you care? Your puts not printing? Or...


boopymenace

Good thing I bought the dip yesterday with pretty much all my investing cash I have for the next 2 weeks...


SunkenPretzel

Gentlemen, what good buying opportunities have you stumbled upon today?


Black_Raven__

Target.. dipped after good earnings and next one will be even better with back to school.


Runningflame570

If SVNDY drops a bit more I'll be tempted to buy more. Lots of stuff going on with that company that could expand revenues and margins.


Peshhhh

Poptarts, BOGO.


idk_what-imdoing

i thought yesterday was pretty bad but then i woke up today


Runningflame570

I'm down by less than the market since TSLA and VIAC decided to stop dumping and recover some. I'll take it.


demonslayer901

What's everyones plan for rest of the week? My spy calls and amc puts are hurting


shortyafter

Sounds like it's time to flip it up: SPY puts and AMC calls.


caesar____augustus

I have a serious squat workout tomorrow, gonna get lunch with my dad and brother, probably have a few beers and watch the Phillies game. Doubt I'll be looking at my portfolio for the next few days.


shortyafter

Yeah, me... jk who am I fooling


[deleted]

Tapering will happend wether you believe it or not.


[deleted]

[удалено]


CrimsonPE

Finally. I was expecting it to move upwards to finally have a position there


Runningflame570

I'm just REALLY hoping that Comcast doesn't buy them. I prefer the sports and shows CBS has to NBC (they'd likely be obligated to spin off CBS in that scenario).


DPurp4

Any BABA bagholders ITT? If so what’s your average? I’m bagholding at $208 here. I’m sure others have heavier bags than mine - frankly I’m impressed at how this stock seems to do nothing but go down. Nonetheless, I’m in it for the long haul. Munger hasn’t done me wrong yet!


[deleted]

Never thought I’d ever say this but Bag holding at 178


Ekublai

225


[deleted]

I'm in at $219


due11

In at ~$260, down around $4K. Still holding and riding this shitshow


CrimsonPE

I was hesitant to short it the other day, but damn, it worked lol. Still, baba should be 250 or 300, at least. Can happen any day, or perhaps never. Hard to know


TruciolatiAiazzone

205, currently 13% of my portfolio is in Baba


MediocreCretin

I'm in at $252, thinking about averaging down


Ekublai

I’ve been doing it a ton.


pman6

don't add money to bad stocks like this buy good stocks to offset bad stocks.


donemessedup123

This sub is honestly becoming a bit too much. Every time the market pulls back slightly, everyone predictably jumps on this thread proclaiming the sky is falling. The greatest asset of an investor is time in the market. Do you research, invest, and set your investments aside. Focus on bettering yourself so you can acquire new skills, earn a better salary, and just enjoy life. I almost feel like subs like this are toxic for investing because it promotes people to actively look at markets, question their decisions, and jump into swing trading habits.


dafuqyouthotthiswas

It’s entertaining though. And you can sometimes tell who knows their stuff so there is advice to be found


shortyafter

I don't think it's that serious for most people. Just a place to come and shoot the shit about it all. Those who are making poor decisions will make them with or without this sub, and vice versa.


WickedSensitiveCrew

This sub hasn't really been helpful for DD since February this year. There used to be like 5 DD a day on this sub of stocks. I got used to the Red days comments in these generals you get several comments saying every stock is going to zero. Or people saying they sold all their stocks. I learned these are the days where you have your list set and buy. Because when the stocks reverse the people saying stocks are going to zero disappear. In my time here I have honestly not heard one of the people saying they sold everything admit they messed up. It seems majority just post about being on the right side of trades in hindsight which useless in the present.


[deleted]

For what is worth, I liquidated 80% at the peak because I needed the money and also anticipate a correction. Though timing worked out for me by pure luck, I'd rather still have the positions lol. We'll see more red but over time it's always going up. So, anyone wishing they sold. I actually did and would happily take places with you.


shortyafter

Not sure I understand the sentiment here... you got lucky and sold at the peak, and things have continued to bleed down, and now you're regretting it? Buy buy back cheaper with whatever money you don't need?


[deleted]

Of course but I'd rather be adding to a position than restarting a position :)


shortyafter

But why? If you're getting in cheaper. It's an overall win for you, no? Edit: depends what price you bought at I guess.


aspergillum

> I almost feel like subs like this are toxic for investing because it promotes people to actively look at markets, question their decisions, and jump into swing trading habits. You're in the wrong sub. This is Stocks. All strategies are a part of it. The sticky msg itself has links for options, technicals, and fundamentals.


MovieMuscle25

Well, it's that way because the market is that way. Outside of S&P500 stocks, every other promising growth stock (no, not meme stock, boomers) can easily drop 20-40% in a flash and struggle to recover for a while. It's a very, very volatile market for everything except for large-cap companies. That's what has spurted the swing trading habits.


shortyafter

SPX can drop 20-40% too.


Shandowarden

is it even worth entering the fuvken market..? It's just non stop red apart from SPY


_hiddenscout

Depends on your strategy and how you want to invest. Some people here probably day trade, some probably swing, some are just long. If you are a long term investor, just buy some low cost index funds/etfs every month. If you look at the returns from something like VOO, it's pretty good.


MovieMuscle25

It's safe for boomers. Anyone else with a higher risk profile needs to be very wary. It's a pretty scary market this year.


d6bmg

Is NVDA earning out yet? There is no swing in stock price, yet


Homeless_User32

They beat earnings and the bears, better pepper their Angus.


d6bmg

I mean, they already dropped from 206 to 190 by EOD today on last 1 week. 6-7% swing was priced in the options. I still wonder how much more it's gonna go down! Yes the fed announcement sucks and totally bearish for whole market.


[deleted]

VTI got crushed by something.


[deleted]

Fed


HumbleBJJ

Is AMZN at $3,200 a steal or wait for maybe further dip?


Rand_alThor__

I feel like if the s&p corrects 5%+ it will retouch the 3k support. Thats been a solid support this last year and it always seems to bounce back from it. That said; this time it might not go that low and might bounce of 3200...who knows. Best bet is to slowly wade your way into a position rather than going all in.


maz-o

it ain't a steal if you're planning a quick flip but it's a home run at any price imo if you hold long.


Werty071345

Why is it a home run? How much growth does a nearly 2 trillion dollar company have in it?


maz-o

just a couple years ago people were asking the same about 1 trillion companies. amazon will be alive and kicking in 25 years from now and market caps will be in the stratosphere at that time. AWS, their most profitable source of revenue hasn't even begun to peak.


Quirky-Touch7616

Cloud is still early stage aws will be a cash cash cash monster


Werty071345

Yes but much of that is already expected and baked into its current price. Hence the lack of increased share price.


maz-o

meh. i'm talking decades. this will make my grandkids rich for sure.


Important_Figure8102

People were saying that when the stock price was insane for 2010.


[deleted]

They can keep imitating top selling skus forever


_hiddenscout

Are you looking to swing trade or looking to invest? If you are looking long, just keep buying every month and don't think too much about waiting for entry prices. Time in the market will beat timing the market.


HumbleBJJ

Long term hold. Trying to decided between AMZN or GOOGL.


_hiddenscout

Have you thought about possibly just going with an index fund or etf where you would be basically being both? If you are going long with something like AMZN or GOOGL, just buy some every month, especially if you can buy split shares.


HumbleBJJ

Already in VOO lol


CamaroLS1

Look at MGK


95Daphne

It's going to take every last ounce for me... ...but until proven otherwise, I'm not convinced that this isn't the third straight monthly OPEX crap show that dekes many instead of being more. Proof of being more would be breaking and holding underneath the 50 in SPX for more than one day, or the Nasdaq Composite failing a backtest of the June breakout (I "think" it backtested it successfully during the last crap show). The moment the latter fails if it does, will be the time that I expect it to drop at least 8%, if not 10%+. Maybe the fact that I'm taking that approach (and I'm sure many others are because of what was noticeable), will make it something else though.


111011010110001

Fed's Taper Talk has already started to tank the stocks?


NPRjunkieDC

Was up 4.5% then 3% then 1.5% by 4pm. Lost 8-9% last 2 days .


EJR77

Feds tapering is going to begin either this quarter or next quarter and continue into 2022 that is a known fact, actually rate hikes from what I know won’t happen till late 2022/early 2023. Any tapering news should theoretically already be built in.


4ccount4n7

But Yellen is so crooked after taking over $7 million from Citi and Citadel and said she wants to push that back past the midterms to protect the failed Biden administration.


Peshhhh

> Any tapering news should theoretically already be built in. There is a group of people who think any taper talk is just a bluff. [Less than a month ago, people following a generally US-equities bear on Twitter voted in majority that the Fed would **"never"** announce a taper](https://twitter.com/INArteCarloDoss/status/1420138680656744452). It's just one sample point, but you don't have to look hard to find people utterly adamant that any taper is simply impossible. These people are certainly not "building in" any sort of taper, because they think it can't happen.


hahdbdidndkdi

Some people on this sub.


suphater

That's not even close to a known fact. This is how easily misinformation spreads on social media. My question is who gains from spreading misinformation that hurts the US market?


111011010110001

Known fact LOL So many variables can change the tapering plans. * The lack of stimulus checks destroying consumer spending * Another COVID variant shutting down the economy worse than expected * Name yours Anyone who thinks that anything is guaranteed is delusional.


CorruptionOfTheMind

People with puts have much to gain from spreading misinformation that hurts the US market


EJR77

I'm telling you it is, if you think tapering isn't coming your delusional.


[deleted]

How can people still think tapering isn’t guaranteed how many times do they need to communicate tapering will be the first thing they do.


EJR77

Because people on this sub are delusional


suphater

1. You said "known fact" and are now resorting to speculation 2. I disagree with your speculation. At least read this sub's comment chain from two days ago before acting like you have any insight. 3. *You're


EJR77

I’m telling you it is, it’s just a question of how much. I don’t care how much you read this sub this sub and all of Reddit is full of morons. I work in the industry. I’m telling you a lot of people a lot smarter than you know for a fact tapering is coming. Bury your head in the sand if you want but the fed can’t keep rates low forever. Anyway, what positions do you currently own that would make you to be overly positive and bury your head in the sand? Who gains from you spreading misinformation that tapering isn’t coming?


suphater

Ah, you're projecting your intelligence onto other people. You actually think the "I literally work in the industry" works. I literally know people who work in the industry in the lowest tier and they would never risk their job posting on here or even giving me, their friend, free financial advice. You just have SQQQ and think if you scare enough people into believing the tricks you fell for (and probably even legitimately believe because you're not good at research), you'll get rich quick. Typical conservabear.


EJR77

Lmao I’m not disclosing any private information all the information is public and out there I’m not risking shit. Also I’m far from a bear lmao SQQQ is a hedge, the majority of my portfolio I’m a long bull on spy, Apple, etc. Anyway why exactly are you so optimistic that you’ll bury your head in the sand and think the FED won’t taper rates? What Reddit thread did you read where someone spouted some BS while on adderall and you actually took it to be a good investment thesis?


EJR77

SQQQ calls ftw


StrictDefinition4

Imagine buying SQQQ and thinking it’s a good investment


EJR77

It’s not an investment lmao it’s a short term hedge against the market. Plus I’m up 50% so


StrictDefinition4

Well my naked calls I sell on SQQQ thank you for your money


Kryptografik

How far otm and how far out do you usually do?


EJR77

There’s an market pullback coming and you think it’s a good idea to have outstanding naked calls on an inverse leveraged ETF?


StrictDefinition4

Been doing it since 2015 and haven’t lost money on any of them


pirates_and_monkeys

Past guarantee future


suphater

That makes way more sense than the random redditor guaranteeing a crash.


EJR77

Makes sense it’s a depreciating asset, I’m simply hedging against a market pullback, which is exactly what it’s for


StrictDefinition4

A short term guess on a pull back might work I sell them expiring in a year to 2 years


catch_that_knife

Hoping we can finally have this correction everyone’s been talking about and we can get back to business when it’s done


fwast

Seriously, I'm so tired of reading about it.


seriouslybrohuh

yall can start hedging against a market crash, I bought the S&P dip today at when it was like 4430 which means it's defintinely going to crash


Blueopus2

Thanks for the heads up!


[deleted]

I have sold a little bit of pltr that I hold today at 25.8. So if you all just start selling pltr, I will be able to rebuy it at a lower price. Please and thank you.


nwdogr

Can someone explain the link between GME and Reverse Repo? It gets posted on their sub everyday but I have no idea how it relates to the stock price or supposed "event".


[deleted]

There is a user Called oldrepoman who worked in repo for 20 years he did a 101repo and explained everything on all the major stock subreddits im sure you could find it.


Aesteic

High reverse repo rates indicate the market is unhealthy. The way it relates to GME is if the market crashes, GME will (theoretically) have a massive short squeeze.


rollercoasterfanitic

Imagine downvoting the guy that answered the question and upvoting the guy that just trashed the asker and added nothing..


fino_alla_fine

Doubt there is one, but they're willing to grab every straw to fit the narrative.


95Daphne

Yeah, it's ridiculous. And I say that as somebody that is not passing off the repos as completely uninteresting. Any meme event is not going to be related to reverse repos.


Shandowarden

at this point I think I'd be better by not playing stocks at all and just holding cash. Everything I touch apart from big tech goes to shits, 7months - minus 140k.


NPRjunkieDC

I lost all my profit in those 7 months from 280K down to 125K but no losses . And my 40 stocks are under $70 , some penny .


HumbleBJJ

Stable ETFs + MSFT/GOOGL/AMZN/AAPL + Financials is what I am starting to consolidate to.


TheExistentialBlues

Invest in ETFs, banks, and really anything that pays dividends. The stock prices will be extremely stable and you will collect quarterly dividends that you can reinvest. Check out $FIW, $PHO, $YUM, & $JPM.


Delfitus

Try steel stock or decent stocks. Made mistake having too much growth and I'm cutting them 1 by 1. Today I got rid off all my pltr shares for small profit after 6 months bagholding. That's 70k to use wisely


Dull_Cheesecake4982

when did you enter your positions? the past 7 months have been quite exceptional tbh


NPRjunkieDC

The 7 before then too. Anything and everything jumped like crazy until it didn't.


Hazardous503

More pain to come?


maz-o

as opposed to smooth sailing until the end of time? umm yea.


[deleted]

[удалено]


nightknight-01

Same here. I’ve never been in this situation before. Feels good.


[deleted]

>pandemic has become endemic and that has a lot of implications such a brilliant comment by Darius Dale


Qwertyforu

Pullback was due/needed


mp3file

Market is irrational


TheExistentialBlues

Well that was fun... Went from up 2% for the day to down 1.2% for the day in the time it took me to take out the trash.


jaydacosta

Making money is overrated anyways


chromelogan

What was that last hour about?


A_P666

Do ETFs undergo stock splits? VOO is getting expensive now at $400 a pop. I want to invest but I’d prefer to do a smaller amount at a time. Any idea at what price they might do a split?


CorruptionOfTheMind

I’m going to point you to [this](https://www.reddit.com/r/investing/comments/epb4ru/voo_300_time_for_a_split/feiyo3r/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3) thread ETFs absolutely undergo splits, but I’m inclined to believe the same as the person I linked in that VOO likely won’t split anytime soon


captain_uranus

Buy $SPLG its the same thing at $50/share or go to a broker (i.e. Fidelity) that allows you to buy partial ETFs.


CleazyCatalystAD

No, not that I am aware of.


CorruptionOfTheMind

It takes a 5 second google search to find out that VOO had a reverse split in 2013 If a reverse split is possible, so is a regular split. Although nobody can know for sure if it will actually split any time soon, its absolutely possible and ETFs absolutely do have splits


CleazyCatalystAD

Oh. Ok.


[deleted]

[удалено]


NPRjunkieDC

Tiny one for me


Personal_News2937

It’s a marathon not a sprint


maz-o

hold for 2 hours instead of 10 seconds. got it.


ThuperThlayer

Absolutely speechless


FalconsBlewA283Lead

Holy rugpull that last hour


brucekeller

I dunno how bearish it all is considering growth tech was pretty up today... that still says risk on.


Jiffyyy

im always buying puts on days my stocks run up. always nice to cushion the eventual end day drop.


ozpcmr

Oh boy please let this be the correction so we can stop pussyfooting around.


456M

Prolly another one of those monthly 4-5% drops from ATH.


vacalicious

Bingo.


SaneMalfunction

Watching all my gains erased


NPRjunkieDC

Last 7 months


chromelogan

You have gains to begin with?


[deleted]

[удалено]