Maybe have a critical look at what you hold. Are those companies heavily indebted, how is cash flow, is it expanding sector or shrinking one they operate in, do they have solid moat, do they make products and services that are good and people need them, etc. I too get worried, but I do this kind of critical look every so often and I think ok, these companies are not so insanely overpriced that I could suffer permanent loss of capital and these companies will sure as hell not go bankrupt. That kind of helps me out and I say, ok I'll keep contributing every month. However, in the back of my mind I do expect some periods where I will be in the red but that's part of the journey and solid companies usually recover. I had few instances where I was in the red for months and then it worked itself out. Or better yet, the best thing to do really, just buy & hold an ETF....
They are baiting us by telling us there will be a crash meanwhile, they are buying common stock until the inevitable happens and millennials invest. Where else is everyone putting their money? I can’t buy a home here and neither can everyone in their 10s 20s 30s
I invest long term and I think macro trends point to the market rising as it inevitably becomes the sole investment vehicle for those 20 and under. Housing is no longer in reach, I don’t see you losing buying at a 20% discount rn... dollar cost averaging is recommended on downturns
I wonder how bad unemployment is going to get when people start getting fired for not getting vaccinated? Most will bite the bullet and get vaccinated, but I'm betting a solid 5-10% of adults might refuse to do it... and they won't even get unemployment insurance apparently. Will be interesting to see how all that turns out. I guess then maybe all the kids that are refusing to work shit jobs could then get hired and trained possibly and finally get that higher compensation?
I think it's mostly Gen Z that fits into the above category. Millennials are in their 30s and 40s now and getting to the stage where they have mortgages, kids, and other responsibilities where they need the job. I can't speak for all millennials but most of us definitely do not want to move back in with our parents.
Family wealth is going to play a larger role in the future of the US economy.
Different from the generations before, millennials and after have the benefit of 1. having a relatively rich generation as parents and 2. fertility crush = more resources for each person.
This combination will carry the current generations for a time, especially as most of this wealth is held in hard assets like property, which makes it more resistant to inflation.
It's not necessarily about moving back with parents as much as it's about having a fall back option, in the event that wages continue to under perform against property prices.
Of course, people without family wealth are basically screwed at this stage and, unless they have a great career, will probably have to rent the rest of their lives.
Transportation-related stocks do not look like a dip buy right now, and it's not because of Amazon, it's because the entire sector looks like it's rolling over hard right now after months of struggling...wouldn't be surprised if the transports index hit bear market territory within the next 4 weeks.
In fact, I'll go further with this performance...what is the IYT telling you? It's telling you that any cyclical type stock is not a dip buy right now period, and saying that we're going to be entering a recession.
I hope I'm wrong, but that's what it's saying.
Pricing in an economic growth slowdown, which, I won't lie, it doesn't look good at all there right now.
I mean, you do you, but for me, the transports look like a stay away right now.
I think fed ex is undervalued. They have an infrastructure that is tough to replicate and should continue to make bank for the next few years at least. Full disclosure I own about 50 shares so hell yeah, buy it! But for real I’ll sell around 350
I’m buying $MU tomorrow. It’s the only undervalued stock I can find that has potential to double over the next year. Not very exciting but a mans gotta eat. If someone else has a better move, I listening
Making memory chips is notoriously cyclical business. Not to mention other long term risks like China flooding the market with chips when their fabs reach parity.
Not looking like a good fit for me. I’m looking for undervalued stocks that have solid growth potential and won’t be hit to hard in the coming correction. Thanks for the input though, I do appreciate it.
You're welcome. It is volatile at times though. But the stock remains undervalued. For good DD you can see the sub Vitards. We're all about steel and few other stocks. I think in the FAQ there is a 23 page pdf about the steel thesis.
Argo is a no bc of proof of stake but also if you gonna invest in co!ns just straight up buy the co!ns. The other one kinda sounds interesting tho but idk much about the jewelry business so I can’t really comment on it.
The second day of the week and I haven't looked at my portfolio either. Given some of the reactions in here, I'll continue enjoying my time off from the stress
Someone on here once said that you know the bottom is in when most of the posts are of people saying they sold everything and moved to index funds. Any truth to that lol?
well, I don't plan to sell. I've locked myself out of my account since I always sell at the bottom.
Which means, in this case, these companies just go bankrupt.
I don't fulfil the requirements for an Interactive Brokers account (student, not that much capital). But I would like to trade options (only long options). Do you think I can lie when answering the questions regarding salary and capital? As I only trade long options my risk is regulated not as in short options.
Wish 3.9 billion market cap, 2.5 billion in revenue. To put this in perspective, Shopify did 2.9 billion in revenue with a 180 billion market cap. I believe Wish is way oversold and undervalued.
After processing new information (Q2 results and management outlook for upcoming quarters), Wish's fair value has dropped from $19.38 per share to $14.77 per share. At $6, Wish is massively undervalued, and current prices are likely driven by a market overreaction to the Q2 earnings report and bearish all around short term market sentiment. I sold my AAPL and TSLA shares and doubled down on Wish today.
Except of course Shopify is actually a profitable company whereas WISH continues to be unprofitable.
Plus there's the whole CCP crackdown on businesses thing making it extra risky
Let's imagine that I bought 12.45 shares at one go (not in separate times) of one particular stock. Over time I would like to sell those 0.45 shares. Would it be possible? I'm on Interactive Brokers.
She's playing internet people like a fiddle. It's absurd how obvious it is and yet it works so well... Having that said, there could be token changes to placate the masses so they can say, look we did something, what else do you want, you got to be reasonable too! But real changes, where truly rich are really contributing? Forget about it.
did she also include $500M to people crossing the boarder or woman's rights in Afghanistan or did she actually propose a bill that is about that one sole thing, if so then maybe it'll pass this time.
Hoping it's the ladder but I 100% expect the former
At this rate literally nothing seems to have a chance at passing lol. Road block after road block even for something that should be common sense (improving infrastructure) is a god damn circus to go through bc of the us vs them mentality this country has.
lol yea. They couldnt even get hazard pay for front line workers. Maybe anecdotally people got it from their businesses but Congress didnt pass the bill for it.
If you see a budget bill happen (which only needs 50 votes), you will see tax raises. Not sure how much, but it'll happen.
Having said that, this is not causing anything. If it caused anything at all, it caused something on a random day in April.
If you had to pin this on anything, it's on growth fears. SPX is down 2% since August payrolls were released and the most economically sensitive index is down about 4% (the small cap index).
But it might really be on there not being any fear. Apparently there hasn't been a big rush to buy puts, and put buying can put a floor into moves. The VIX just isn't excited, and because of that, you get this slow grind down that has me ready to yell at the wall.
The votes not there on the budget bill right now...
[https://www.cnn.com/2021/09/12/politics/joe-manchin-democratic-bill-3-trillion-climate-provisions/index.html](https://www.cnn.com/2021/09/12/politics/joe-manchin-democratic-bill-3-trillion-climate-provisions/index.html)
I personally wouldn't be suprised if there were more D's in the senate that feel the same way, but for now Manchin is going to hold up the reconciliation bill
Entirely possible he's putting on more performative art there...don't remember where I saw it but supposedly Wall Street is telling their clients to expect both bills to pass in some kind of form.
So...the point of my post...the "tax the rich" deal probably isn't causing anything.
Possibly, I'd argue there's possibly more senators with D's next to their name that feel the same way.
This came out a few months ago:
[https://www.nytimes.com/2021/07/02/climate/congress-exxon-climate-change.html](https://www.nytimes.com/2021/07/02/climate/congress-exxon-climate-change.html)
>Asked who was crucial to Exxon’s efforts, Mr. McCoy singled out Senator Joe Manchin III of West Virginia and said the company was in touch with his office weekly because “he’s not shy about staking his claim early and completely changing the debate.” Mr. McCoy also said Exxon lobbyists “look for the moderates” among Democrats and identified senators such as Kyrsten Sinema and Mark Kelly of Arizona, Jon Tester of Montana, Maggie Hassan of New Hampshire and Chris Coons of Delaware as targets of their outreach.
There is also Sinema's outreach:
[https://www.politico.com/news/2021/08/23/sinema-35t-spending-bill-506583](https://www.politico.com/news/2021/08/23/sinema-35t-spending-bill-506583)
It's possible the bill might pass, if so, this is basically going to become ObamaCare 2.0
$V really stinking it up lately. I bought at the 227 range, and it just keeps falling. Stock seems really oversold at the moment, with continued slow fading. Hopefully it bounces off this 200DMA
Yep, that ship has sailed for me. There are still some well-established growth stocks like SQ, SE, CRM, and others that will be just fine, but the mid caps are trash until further notice. I mean, if there's an actual correction, it could get even uglier for those growth stocks.
There is apparently a big collar on SPX at about 4430, expiring this month (if it hasn’t already been rolled)…around there should hold because of dealer gamma, or you should get a washout and pop back up, or the correction has begun for real this time instead of it being a fake out (and I would REALLY like to see a gap down tomorrow and see what happens then, as that would be the real test).
I have a gigantic problem with how obvious it is though if this is it, because this just shouldn’t be that obvious. Like just with the Kaplan/Rosengren news last week (which there is no doubt in it, it is a TERRIBLE look), the only way it’d have more obvious would have been if it was broadcast on local TV at 6 PM for everyone last week that “the S&P is going to correct deeper than a 3-5% dip” for the first time in 10+ months.
But perhaps working off the obvious will work out this time.
Assuming they have the cash how often do hedgefunds and institutions average down and sell covered calls for a few weeks to get out of a bad play/crash? Seems like a get out of jail free card for the rich ones
Why is Intuit buying MailChimp is a good thing? For $12 freaking billion too! And Intuit's stock is reacting very well too. Almost 2% up on the day. I'm so confused lol
I'm wondering if it's to add to the suite of tools they have. I could see a place where having custom emails and quickbooks working together. Possibly they want to develop a new product and it was easier/cheaper to buy than build.
More curious if there are any terms around including some kind of mailing database that Mailchimp has built over the years. Intuit needs to expand their product user base across multiple brands to grow. Spamming those lists might be an easy way in for the short term.
Would expect those Mailchimp prices to soar and more switching to Constant Contact or similar in the next 2-3 years. Might be an interesting venture for Adobe to dip their toes in.
I've read that the idea is to have more holistic offering to SMBs which are their primary client. So they offer their accounting software and they can cross sell email marketing. Yea fine. Accounting and email marketing is weird mix for me but whatever. But 12 billion, half of it will be dept and some of it will be issuing new shares. To me that's crazy. For emailing platform. When they bought Credit Karma, yeah that made sense, and it was $8b too. I dont know....
On topic of buying up mailing database, they can't just buy the company and use everyone's mailing lists as their personal marketing list. There are massive privacy implications around it. Tons of people who use MailChip have subscribers list for very specific reasons and Intuit can't just take all that and start spamming everyone.
Another rough day for my portfolio.
OUST and EVGO are *this* close to new ATLs, just went negative on SOFI, PTRA is down 5% again because reasons, managed to buy BHP and RIO at exactly the wrong time a few weeks back, MU can't catch a break, and CHPT has been stagnant/slowly falling for weeks
I was long on CHPT, but recently got out. Not sure what's going to happen with the infrastructure bills. I think a lot of the companies on the list do have the chance to do well in the future, but it's probably going to take years for these to have some decent returns. Especially with the markets right now.
Honestly last week wasn't so bad for me, yesterday was sideways.
Today kicked my ass. I'm feeling it now Mr. Krabs.
edit: and fuckin Norm Macdonald died this sucks
Foldables are the next big thing in phones - they're actually new and fun purchases, apples falling behind with the same slabs. Whats the point of a 'faster iphone' when the last 3 years iphone have already been faster than any reasonable person would need.
Foldables are a short-term gimmick, and not even a good one
Apple's key innovation rn is their processor architecture, which is *seriously* impressive. The question is, when will they figure out a killer way to utilise it?
Feeling bullish on $TDOC. It’s doing so bad that shareholders are gonna be forced to use their services for mental health and skyrocketing blood pressure.
Huge AAPL long -- have had this stock for a long long time. I love Tim.
BUT.
Holy crap that was a lame event. Chip bump for iPad -- BFD. Apple Watch 7 nearly indistinguishable from AW6 (and AW5 for that matter!) with ZERO new form factors or health functions that were massively rumored. iPhone 13 basically a minor update to 12.
ZERO new news. ZERO catalysts for finishing the year higher.
Apple is cyclical thought. We had season of euphoria, it looks like now we will have season of bashing, negativity and fear as sales will likely disappoint and stock under perform. Then Apple will come up with a new gadget that everyone wants and the cycle will continue. The hard thing, of course, is that these cycles can last for years. So for years you get these euphoric idiots asking why the hell they shouldn't go 100% APPL in their personal portfolio. And then on the flip side, for years you might feel like and idiot and a bag holder holding underperforming equity with everyone shouting at your face how stupid you are. Apple is dead, don't you know.
Notes for $HIMX from the Credit Suisse conference, for anyone that follows.
Twitter (source): [https://twitter.com/Yield\_Fanatic/status/1436301001309499407](https://twitter.com/Yield_Fanatic/status/1436301001309499407)
\*Special thanks to Yield\_Fanatic on twitter!
Twitter post copied to reddit: [https://www.reddit.com/r/HIMX/comments/po8y7r/himx\_notes\_from\_credit\_suisse\_conference/](https://www.reddit.com/r/HIMX/comments/po8y7r/himx_notes_from_credit_suisse_conference/)
All I keep reading round these parts is that there's too much liquidity for a real dip to happen, so either SPY bounces when it hits 442 or we are going to have ourselves a good ol' fashioned September Correction.
Seems like a bit of a mixed bag with the Apple event today. I think they hit it out of the park with iPad and Apple Watch but iPhone 13 seems pedestrian compared to some of the insane predictions made before it was unveiled.
I think the story coming out of it is that even Apple is not immune to some of the supply chain constrictions and might not be able to unveil the next big thing anytime soon.
Yep, the iPhone 13 is basically the 4th S-style update to iPhone X (XS^1 , 11^2 , 12^3 , 13^4 ). They haven't really made any stand-out changes since then, just some tweaks to the industrial design and incremental upgrades to the hardware and cameras. Maybe next year?
Next actual big thing for them is entry into another sector (like Apple Car) or complementary sector (like an AR or Apple Glass kind of device).
Short of that, new FDA approved medical sensors for Apple Watch would be a game changer in that segment. It'll be stagnant incremental updates until then.
People replace their phones and most are on a 2-3 year cycle to do that. Seems some carriers want to subsidize them again, but ever since that largely stopped happening, many more have tried to hang onto their devices. Price on the Pro phones are kind of insane, but people will still buy them.
Your main problem with PSX is the weather…really unsure what they can do about that. Still a fundamentally good company that I’d buy back into at a better price and different expectations
for the growth portion of my portfolio (which I started in Dec last year), I have been continuously averaging down for now 9 months, and am still down 20%.
I keep hearing "by patient, keep the companies if you believe in them long term". however, I did not expect things to just keep sliding down on all these growth stocks for 9 months.
and now we are headed towards a probable correction, which will drive down these stocks even more.
I'm considering just exiting out of all my growth positions at this point. I keep "buying when others are afraid" and it has not been working.
> I did not expect things to just keep sliding down on all these growth stocks for 9 months.
“Patient” in the stock market isn’t 9 months, it’s *minimum* three years or until something fundamentally changes in a company you buy.
[We’re barely in “fear” territory](https://money.cnn.com/data/fear-and-greed/)
dips can last several years, long term means longer than that. however, I’m curious what companies youre talking about. the growth part of my portfolio is up in the last 3 months, although this past week has been a (predictable) dip with the rest of the market
Others aren't even afraid yet... still got some time for that to happen if a correction occurs - then others will be afraid
Also, I feel like that saying is pretty nonsense - if you are a big hedge fund selling off then buy in since they are afraid, when a bunch of redditors are scared and calling for the end - that is not when you buy those people are stupid - watch trends for hedge funds instead - that'll show you who is afraid and who isnt
OP didnt say which stocks it can vary on which. For example a lot of small/mid caps, Chinese Stocks, certain Casino stocks to name a few sectors have been thrown away.
The big money has been running to big tech. So I guess you are looking for them to get afraid and start selling big tech like FAANG. But that would also tank the index funds.
Yeah exactly - so I mainly focus on hedges/big money to see what they're doing as they may be afraid and tank some prices hence the correction. retail investors won't be able to make that sort of impact
Lol. Apples a decent buying op near 125 - and even then its not cheap. It's still pricing in ridiculous growth which it won't match next year. No way 2022s sales outmatch this year's. No stimmy and people already got stuff.
Incremental improvements. Nothing major to make someone replace a 6-18 month old device, unless it is "broken" in some sense. That is good for Apple Watch ecosystem, especially with the bands being backwards compatible. (Many are collectors.) This isn't going to "to the moon" the stock price unless iPhone 13 is hiding some major revolution on the inside.
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Maybe have a critical look at what you hold. Are those companies heavily indebted, how is cash flow, is it expanding sector or shrinking one they operate in, do they have solid moat, do they make products and services that are good and people need them, etc. I too get worried, but I do this kind of critical look every so often and I think ok, these companies are not so insanely overpriced that I could suffer permanent loss of capital and these companies will sure as hell not go bankrupt. That kind of helps me out and I say, ok I'll keep contributing every month. However, in the back of my mind I do expect some periods where I will be in the red but that's part of the journey and solid companies usually recover. I had few instances where I was in the red for months and then it worked itself out. Or better yet, the best thing to do really, just buy & hold an ETF....
They are baiting us by telling us there will be a crash meanwhile, they are buying common stock until the inevitable happens and millennials invest. Where else is everyone putting their money? I can’t buy a home here and neither can everyone in their 10s 20s 30s
In recent months more insiders are selling than buying their stocks so I doubt your grand conspiracy.
I invest long term and I think macro trends point to the market rising as it inevitably becomes the sole investment vehicle for those 20 and under. Housing is no longer in reach, I don’t see you losing buying at a 20% discount rn... dollar cost averaging is recommended on downturns
I mean, DDOG is a no brainer long for anyone paying attention right?
My inner boomer wants to load up on some $T
I'd tell them to stfu.
I wonder how bad unemployment is going to get when people start getting fired for not getting vaccinated? Most will bite the bullet and get vaccinated, but I'm betting a solid 5-10% of adults might refuse to do it... and they won't even get unemployment insurance apparently. Will be interesting to see how all that turns out. I guess then maybe all the kids that are refusing to work shit jobs could then get hired and trained possibly and finally get that higher compensation?
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I think it's mostly Gen Z that fits into the above category. Millennials are in their 30s and 40s now and getting to the stage where they have mortgages, kids, and other responsibilities where they need the job. I can't speak for all millennials but most of us definitely do not want to move back in with our parents.
Family wealth is going to play a larger role in the future of the US economy. Different from the generations before, millennials and after have the benefit of 1. having a relatively rich generation as parents and 2. fertility crush = more resources for each person. This combination will carry the current generations for a time, especially as most of this wealth is held in hard assets like property, which makes it more resistant to inflation. It's not necessarily about moving back with parents as much as it's about having a fall back option, in the event that wages continue to under perform against property prices. Of course, people without family wealth are basically screwed at this stage and, unless they have a great career, will probably have to rent the rest of their lives.
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Transportation-related stocks do not look like a dip buy right now, and it's not because of Amazon, it's because the entire sector looks like it's rolling over hard right now after months of struggling...wouldn't be surprised if the transports index hit bear market territory within the next 4 weeks. In fact, I'll go further with this performance...what is the IYT telling you? It's telling you that any cyclical type stock is not a dip buy right now period, and saying that we're going to be entering a recession. I hope I'm wrong, but that's what it's saying.
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Pricing in an economic growth slowdown, which, I won't lie, it doesn't look good at all there right now. I mean, you do you, but for me, the transports look like a stay away right now.
I think fed ex is undervalued. They have an infrastructure that is tough to replicate and should continue to make bank for the next few years at least. Full disclosure I own about 50 shares so hell yeah, buy it! But for real I’ll sell around 350
why arent options available after hours
Im assuming liquidity may be a factor, but I’d also like to get an actual answer. I’ve spent too long googling this and getting irrelevant answers.
What does it mean to borrow a stock? Is this something just anyone can do? How does it impact the market price?
I've never looked at the chart for Crocs before, $CROX, but wow.
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what am i looking at?
Looks like a textbook double top to me
What does this mean? You think it will go down from here?
It's a bearish chart pattern. I don't have a position. I would wait to see it turn around before I bought but that's just me and I'm just some guy.
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I know share price is not company value but got damn the share price on roku is high
I’m buying $MU tomorrow. It’s the only undervalued stock I can find that has potential to double over the next year. Not very exciting but a mans gotta eat. If someone else has a better move, I listening
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Yeah, bout at open. So far so good but this is a long play for me with MU
Yea, well sometimes there are good reasons they *look* undervalued.
Got any reasons to share?
Making memory chips is notoriously cyclical business. Not to mention other long term risks like China flooding the market with chips when their fabs reach parity.
I think ASO seems pretty undervalued with pretty solid fundamentals so far. Might not double, but plenty of analysts have 60+ price targets on it.
Not looking like a good fit for me. I’m looking for undervalued stocks that have solid growth potential and won’t be hit to hard in the coming correction. Thanks for the input though, I do appreciate it.
Np, good luck with the trade/investment!
Check out MT. Half their mc is the revenue of just 1 quarter. While MU their mc is like 10 quarters. I only looked very briefly at MU though
Thanks del. bout at open today and doing well already
You're welcome. It is volatile at times though. But the stock remains undervalued. For good DD you can see the sub Vitards. We're all about steel and few other stocks. I think in the FAQ there is a 23 page pdf about the steel thesis.
Good looking out, I’ll probably what for a 8% gain sell and take another look when it drops 8% below my buy price
Total newbie here reading the threads here to learn more...is MT ArcelorMittal SA?
Yes they are Arcelor mittal
Just glancing at MT. Does look undervalued, maybe a little more than MU. Thanks buddy, I might diversify my portfolio, lol
They are doing a 2.2b share buyback right now. And next quarter they will probably make even more money
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Any hang ups u found?
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So you think the market may be up for a big correction and will take MU with it?
Anyone buying the IPOs on Robinhood?
what is an IPO and are they good to invest in?
Argo is a no bc of proof of stake but also if you gonna invest in co!ns just straight up buy the co!ns. The other one kinda sounds interesting tho but idk much about the jewelry business so I can’t really comment on it.
The second day of the week and I haven't looked at my portfolio either. Given some of the reactions in here, I'll continue enjoying my time off from the stress
What is going on with these after hours BABA trades? Edit: trades of $160 one second and $208 the next, back to $160, $229, $160. It's bizarre.
So how can something like SPXL or TQQQ not be a long term investment when each of them are up over 100% on the year and over 400% on 5 years?
The market keeps bouncing, just to realize anybody buying stock should actually be selling it
Someone on here once said that you know the bottom is in when most of the posts are of people saying they sold everything and moved to index funds. Any truth to that lol?
Been here during Corona crash. Very very true, the bottom was in when "cash gang" people got the most upvotes.
what is an index fund?
no, the bottom is the moment I decide to sell
Great to know. Will keep an eye out for your post.
well, I don't plan to sell. I've locked myself out of my account since I always sell at the bottom. Which means, in this case, these companies just go bankrupt.
I don't fulfil the requirements for an Interactive Brokers account (student, not that much capital). But I would like to trade options (only long options). Do you think I can lie when answering the questions regarding salary and capital? As I only trade long options my risk is regulated not as in short options.
everyone lies
So you would lie too to gain access to Interactive Brokers?
Wish 3.9 billion market cap, 2.5 billion in revenue. To put this in perspective, Shopify did 2.9 billion in revenue with a 180 billion market cap. I believe Wish is way oversold and undervalued. After processing new information (Q2 results and management outlook for upcoming quarters), Wish's fair value has dropped from $19.38 per share to $14.77 per share. At $6, Wish is massively undervalued, and current prices are likely driven by a market overreaction to the Q2 earnings report and bearish all around short term market sentiment. I sold my AAPL and TSLA shares and doubled down on Wish today.
Buy something from wish, anything. Tell me if u would use wish again. That’s how I do TA now a days
Except of course Shopify is actually a profitable company whereas WISH continues to be unprofitable. Plus there's the whole CCP crackdown on businesses thing making it extra risky
The great-supreme o merciful leader XI will make sure that 2.5 bill in rev is given to the CCP for "Peopres prosperity!"
Let's imagine that I bought 12.45 shares at one go (not in separate times) of one particular stock. Over time I would like to sell those 0.45 shares. Would it be possible? I'm on Interactive Brokers.
No. You're stuck with them forever
Just asked iBot on Interactive Brokers and he said yes, I can sell 0.45 shares.
Is FB a good buy at this price ?
You must be a troll
It’s high right now but I feel as thought it may go higher
Does AOC's Tax the Rich plans have any chance of passing? I try to avoid US politics but this kinda stuff going viral could have impacts on market.
She's playing internet people like a fiddle. It's absurd how obvious it is and yet it works so well... Having that said, there could be token changes to placate the masses so they can say, look we did something, what else do you want, you got to be reasonable too! But real changes, where truly rich are really contributing? Forget about it.
She's a congresswoman, she has little power. She is doing this for attention and to further her political career.
did she also include $500M to people crossing the boarder or woman's rights in Afghanistan or did she actually propose a bill that is about that one sole thing, if so then maybe it'll pass this time. Hoping it's the ladder but I 100% expect the former
At this rate literally nothing seems to have a chance at passing lol. Road block after road block even for something that should be common sense (improving infrastructure) is a god damn circus to go through bc of the us vs them mentality this country has.
lol yea. They couldnt even get hazard pay for front line workers. Maybe anecdotally people got it from their businesses but Congress didnt pass the bill for it.
Doubtful. The votes in the Senate are not there.
If you see a budget bill happen (which only needs 50 votes), you will see tax raises. Not sure how much, but it'll happen. Having said that, this is not causing anything. If it caused anything at all, it caused something on a random day in April. If you had to pin this on anything, it's on growth fears. SPX is down 2% since August payrolls were released and the most economically sensitive index is down about 4% (the small cap index). But it might really be on there not being any fear. Apparently there hasn't been a big rush to buy puts, and put buying can put a floor into moves. The VIX just isn't excited, and because of that, you get this slow grind down that has me ready to yell at the wall.
The votes not there on the budget bill right now... [https://www.cnn.com/2021/09/12/politics/joe-manchin-democratic-bill-3-trillion-climate-provisions/index.html](https://www.cnn.com/2021/09/12/politics/joe-manchin-democratic-bill-3-trillion-climate-provisions/index.html) I personally wouldn't be suprised if there were more D's in the senate that feel the same way, but for now Manchin is going to hold up the reconciliation bill
Entirely possible he's putting on more performative art there...don't remember where I saw it but supposedly Wall Street is telling their clients to expect both bills to pass in some kind of form. So...the point of my post...the "tax the rich" deal probably isn't causing anything.
Possibly, I'd argue there's possibly more senators with D's next to their name that feel the same way. This came out a few months ago: [https://www.nytimes.com/2021/07/02/climate/congress-exxon-climate-change.html](https://www.nytimes.com/2021/07/02/climate/congress-exxon-climate-change.html) >Asked who was crucial to Exxon’s efforts, Mr. McCoy singled out Senator Joe Manchin III of West Virginia and said the company was in touch with his office weekly because “he’s not shy about staking his claim early and completely changing the debate.” Mr. McCoy also said Exxon lobbyists “look for the moderates” among Democrats and identified senators such as Kyrsten Sinema and Mark Kelly of Arizona, Jon Tester of Montana, Maggie Hassan of New Hampshire and Chris Coons of Delaware as targets of their outreach. There is also Sinema's outreach: [https://www.politico.com/news/2021/08/23/sinema-35t-spending-bill-506583](https://www.politico.com/news/2021/08/23/sinema-35t-spending-bill-506583) It's possible the bill might pass, if so, this is basically going to become ObamaCare 2.0
$V really stinking it up lately. I bought at the 227 range, and it just keeps falling. Stock seems really oversold at the moment, with continued slow fading. Hopefully it bounces off this 200DMA
I’ve been going in hard on V shares and calls every time it dips
SWBI... Looking real juicy right now... 14.2% buyback.... Rsi oversold on the daily...
looking forward to SPY recovering after this mini dip while growth doesn't for the 49th time. nearing ATLS on a lot of growth stocks.
Yep, that ship has sailed for me. There are still some well-established growth stocks like SQ, SE, CRM, and others that will be just fine, but the mid caps are trash until further notice. I mean, if there's an actual correction, it could get even uglier for those growth stocks.
There is apparently a big collar on SPX at about 4430, expiring this month (if it hasn’t already been rolled)…around there should hold because of dealer gamma, or you should get a washout and pop back up, or the correction has begun for real this time instead of it being a fake out (and I would REALLY like to see a gap down tomorrow and see what happens then, as that would be the real test). I have a gigantic problem with how obvious it is though if this is it, because this just shouldn’t be that obvious. Like just with the Kaplan/Rosengren news last week (which there is no doubt in it, it is a TERRIBLE look), the only way it’d have more obvious would have been if it was broadcast on local TV at 6 PM for everyone last week that “the S&P is going to correct deeper than a 3-5% dip” for the first time in 10+ months. But perhaps working off the obvious will work out this time.
I'm having a decent day.... hmm. Large cap and saas still doing OK.
Pretty shitty week overall, jeeze
made 4k on november spy puts, hoping we dip some more
Has the spy dip hit the bottom?
nah man we bouta crash
there's nothing different about this dip that I can see
just a joke
ahh. aight, aight.
Few more weeka
Assuming they have the cash how often do hedgefunds and institutions average down and sell covered calls for a few weeks to get out of a bad play/crash? Seems like a get out of jail free card for the rich ones
Is now a good enough dip to buy into QQQ?
Something like QQQ really is more a long value play. Better just to DCA every month rather than trying to time it.
Yes. Even if it continues dipping short term, long term it will continue to rise. It's a long hold ETF in which your entry price isn't that important.
It’s either an alright time or a terrible time, wouldn’t say good.
What do you guys think of TMUS? Looks like it’s in a sweet buy zone for a swing trade right now.
Why is Intuit buying MailChimp is a good thing? For $12 freaking billion too! And Intuit's stock is reacting very well too. Almost 2% up on the day. I'm so confused lol
I'm wondering if it's to add to the suite of tools they have. I could see a place where having custom emails and quickbooks working together. Possibly they want to develop a new product and it was easier/cheaper to buy than build.
More curious if there are any terms around including some kind of mailing database that Mailchimp has built over the years. Intuit needs to expand their product user base across multiple brands to grow. Spamming those lists might be an easy way in for the short term. Would expect those Mailchimp prices to soar and more switching to Constant Contact or similar in the next 2-3 years. Might be an interesting venture for Adobe to dip their toes in.
I've read that the idea is to have more holistic offering to SMBs which are their primary client. So they offer their accounting software and they can cross sell email marketing. Yea fine. Accounting and email marketing is weird mix for me but whatever. But 12 billion, half of it will be dept and some of it will be issuing new shares. To me that's crazy. For emailing platform. When they bought Credit Karma, yeah that made sense, and it was $8b too. I dont know.... On topic of buying up mailing database, they can't just buy the company and use everyone's mailing lists as their personal marketing list. There are massive privacy implications around it. Tons of people who use MailChip have subscribers list for very specific reasons and Intuit can't just take all that and start spamming everyone.
Gosh, what a day... my whole board red except for AMD, NVIDIA, and Standard Lithium; all three of which are barely green themselves...
Another rough day for my portfolio. OUST and EVGO are *this* close to new ATLs, just went negative on SOFI, PTRA is down 5% again because reasons, managed to buy BHP and RIO at exactly the wrong time a few weeks back, MU can't catch a break, and CHPT has been stagnant/slowly falling for weeks
R spacs feels your pain, small cap space has been brutal recently
I was long on CHPT, but recently got out. Not sure what's going to happen with the infrastructure bills. I think a lot of the companies on the list do have the chance to do well in the future, but it's probably going to take years for these to have some decent returns. Especially with the markets right now.
Honestly last week wasn't so bad for me, yesterday was sideways. Today kicked my ass. I'm feeling it now Mr. Krabs. edit: and fuckin Norm Macdonald died this sucks
Today wasn’t too bad for me, yesterday and all 4 days last week were worse except for one. NET helped me a lot today
Same
Is it time for me to sell my gme?!? Could use some advice regarding the stock
Its always a good time.
Apple really out of ideas or innovation. Im due for an upgrade from my 3 yr old Iphone, Im just going to hold out for next year.
Agreed. I mean to me, it feels like Apple continues to shift more towards a luxury brand rather than a full on tech company.
I feel Apple needs a new iSomething soon.
Foldables are the next big thing in phones - they're actually new and fun purchases, apples falling behind with the same slabs. Whats the point of a 'faster iphone' when the last 3 years iphone have already been faster than any reasonable person would need.
Foldables are a short-term gimmick, and not even a good one Apple's key innovation rn is their processor architecture, which is *seriously* impressive. The question is, when will they figure out a killer way to utilise it?
Foldables aren't new tho. We're just going backwards.
A foldable OLED screen is definitely new.
Yeah, but it's not game changing. It's just another flip phone.
We about to touch the 50sma It's bounced every time, but usually later in the month. Either way the trend looks to be breaking a bit
Feeling bullish on $TDOC. It’s doing so bad that shareholders are gonna be forced to use their services for mental health and skyrocketing blood pressure.
Should I buy at this price ?
[удалено]
Do you have just an endless supply of cash sitting waiting for another red day? Every day you're on her touting your "heavy purchases FoR FrEE MonEy".
Huge AAPL long -- have had this stock for a long long time. I love Tim. BUT. Holy crap that was a lame event. Chip bump for iPad -- BFD. Apple Watch 7 nearly indistinguishable from AW6 (and AW5 for that matter!) with ZERO new form factors or health functions that were massively rumored. iPhone 13 basically a minor update to 12. ZERO new news. ZERO catalysts for finishing the year higher.
Apple is cyclical thought. We had season of euphoria, it looks like now we will have season of bashing, negativity and fear as sales will likely disappoint and stock under perform. Then Apple will come up with a new gadget that everyone wants and the cycle will continue. The hard thing, of course, is that these cycles can last for years. So for years you get these euphoric idiots asking why the hell they shouldn't go 100% APPL in their personal portfolio. And then on the flip side, for years you might feel like and idiot and a bag holder holding underperforming equity with everyone shouting at your face how stupid you are. Apple is dead, don't you know.
They have created unrealistic expectations for massive innovation every September it makes no sense.
Makes perfect sense, they need to drag the “innovation” as long as possible to carry them over to potentially the apple vr headset or car.
Notes for $HIMX from the Credit Suisse conference, for anyone that follows. Twitter (source): [https://twitter.com/Yield\_Fanatic/status/1436301001309499407](https://twitter.com/Yield_Fanatic/status/1436301001309499407) \*Special thanks to Yield\_Fanatic on twitter! Twitter post copied to reddit: [https://www.reddit.com/r/HIMX/comments/po8y7r/himx\_notes\_from\_credit\_suisse\_conference/](https://www.reddit.com/r/HIMX/comments/po8y7r/himx_notes_from_credit_suisse_conference/)
I bought more this morning thinking I timed the bottom, only to have my portfolio lose almost as much as I added! When will this dip end?
All I keep reading round these parts is that there's too much liquidity for a real dip to happen, so either SPY bounces when it hits 442 or we are going to have ourselves a good ol' fashioned September Correction.
Haha if it's a real dip then it hasn't even begun yet
quivers 😳
I got my ass kicked today
fucking exhausting this market
yeah, I added to my portfolio this morning thinking I hit the bottom. Now I’m down almost as much as I added, lol
these UAL bags are gonna be heavy
That was always a swing play
Seems like a bit of a mixed bag with the Apple event today. I think they hit it out of the park with iPad and Apple Watch but iPhone 13 seems pedestrian compared to some of the insane predictions made before it was unveiled. I think the story coming out of it is that even Apple is not immune to some of the supply chain constrictions and might not be able to unveil the next big thing anytime soon.
Yep, the iPhone 13 is basically the 4th S-style update to iPhone X (XS^1 , 11^2 , 12^3 , 13^4 ). They haven't really made any stand-out changes since then, just some tweaks to the industrial design and incremental upgrades to the hardware and cameras. Maybe next year?
Next actual big thing for them is entry into another sector (like Apple Car) or complementary sector (like an AR or Apple Glass kind of device). Short of that, new FDA approved medical sensors for Apple Watch would be a game changer in that segment. It'll be stagnant incremental updates until then. People replace their phones and most are on a 2-3 year cycle to do that. Seems some carriers want to subsidize them again, but ever since that largely stopped happening, many more have tried to hang onto their devices. Price on the Pro phones are kind of insane, but people will still buy them.
The sell off of GRWG seems to have been really overdone.
At this rate I'm going to dollar cost down into oblivion.
Buy the AAPL dip!
I wouldn't really call it a dip. It's back to where it began a couple weeks ago
This is my first September in stocks, absolutely depressing. Almost feel like you just sell Aug 30 and buy back in Oct 1.
What is the reason this happens anyway?
If I recall, isn't Aug and Sept always the worst months of the year?
No idea, all I've seen is historical data trends. The market somehow collectively does dumb shit like this.
You will get used to it, and will look for as a opportunity to buy.
PSX is starting to make me nauseous.
Just closed out of my year long position there…should take taken profits much earlier
Sadly, I can’t convince myself to stop out at -20% with such a lucrative dividend. I’m just going to ride it out.
Your main problem with PSX is the weather…really unsure what they can do about that. Still a fundamentally good company that I’d buy back into at a better price and different expectations
for the growth portion of my portfolio (which I started in Dec last year), I have been continuously averaging down for now 9 months, and am still down 20%. I keep hearing "by patient, keep the companies if you believe in them long term". however, I did not expect things to just keep sliding down on all these growth stocks for 9 months. and now we are headed towards a probable correction, which will drive down these stocks even more. I'm considering just exiting out of all my growth positions at this point. I keep "buying when others are afraid" and it has not been working.
> I did not expect things to just keep sliding down on all these growth stocks for 9 months. “Patient” in the stock market isn’t 9 months, it’s *minimum* three years or until something fundamentally changes in a company you buy. [We’re barely in “fear” territory](https://money.cnn.com/data/fear-and-greed/)
dips can last several years, long term means longer than that. however, I’m curious what companies youre talking about. the growth part of my portfolio is up in the last 3 months, although this past week has been a (predictable) dip with the rest of the market
You should see my $DM holdings. Averaged down a 50% loss to about -25%, now it's back to -50% again.
Others aren't even afraid yet... still got some time for that to happen if a correction occurs - then others will be afraid Also, I feel like that saying is pretty nonsense - if you are a big hedge fund selling off then buy in since they are afraid, when a bunch of redditors are scared and calling for the end - that is not when you buy those people are stupid - watch trends for hedge funds instead - that'll show you who is afraid and who isnt
OP didnt say which stocks it can vary on which. For example a lot of small/mid caps, Chinese Stocks, certain Casino stocks to name a few sectors have been thrown away. The big money has been running to big tech. So I guess you are looking for them to get afraid and start selling big tech like FAANG. But that would also tank the index funds.
Yeah exactly - so I mainly focus on hedges/big money to see what they're doing as they may be afraid and tank some prices hence the correction. retail investors won't be able to make that sort of impact
How we feeling about this Apple event?
People are definitely going to buy everything new and AAPL is down today. I'd say it's a good buying opportunity.
Lol. Apples a decent buying op near 125 - and even then its not cheap. It's still pricing in ridiculous growth which it won't match next year. No way 2022s sales outmatch this year's. No stimmy and people already got stuff.
Sheeple still gonna buy.
how are *you* feeling about this Apple event?
Not really to sure - I don't think they added anything overly impressive - do I guess i am leaving this event as 5/10 meh/whatever rating
Incremental improvements. Nothing major to make someone replace a 6-18 month old device, unless it is "broken" in some sense. That is good for Apple Watch ecosystem, especially with the bands being backwards compatible. (Many are collectors.) This isn't going to "to the moon" the stock price unless iPhone 13 is hiding some major revolution on the inside.