- May 20, 2006
- 6,000
- 9,919
Im asking why you want to keep accumulating. And why now?
OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER
- Thread in 'General' Thread starter Started by johnnyredstorm,
- Start date
Im asking why you want to keep accumulating. And why now?
thekillerj23
Supporter
- Apr 4, 2007
- 10,341
- 11,629
I want to being my avg cost basis down a bit more, may just wait it out as we have not seen the bottom yet
- May 31, 2007
- 4,896
- 3,439
I need to see the next quarterly report before I buy any more SQ. Don’t care if it’s trading at a massive discount. Need to see revenue growth in their other business areas and that bitcoin revenue percentage to come down from 50%. At the very least some reassuring forward looking statements.
My cost per share is so high that I’d have plenty room to still buy at a discount if the price goes up. Or trim and eat the L to get cash to buy something else on discount with more upside.
My cost per share is so high that I’d have plenty room to still buy at a discount if the price goes up. Or trim and eat the L to get cash to buy something else on discount with more upside.
- Jul 13, 2005
- 35,421
- 27,033
Might hedge with an energy/oil stock or two if this Ukraine/Russia conflict keeps playing out
- Nov 5, 2015
- 10,612
- 9,129
Yo their business plan is crazy….they basically monopolize a certain mile radius of local farmers where they get everything cheap and they always come out on top as far as margin something to that effect. But it was explained to me awhile back and it’s f’n genius. They always gonna win. Always
- Aug 10, 2003
- 26,256
- 19,684
Is the stock market suppose to pick up anytime soon or this Russia Ukrainian thing messing everything up? my 401k is tanking my goodness
- Jul 13, 2005
- 35,421
- 27,033
They don't want us to retire. We working till 80 fam.
- Apr 16, 2014
- 24,085
- 48,743
Can someone please make it stop.
- Jul 13, 2005
- 35,421
- 27,033
For us to go down similar to March 2020 would be a joke really. Markets once again over reacting to a war that’ll never happen.
- May 20, 2006
- 6,000
- 9,919
Ukraine is the narrative but this market needed a major selloff regardless of that. These type of war scenarios dont affect the markets as much as one might think. S&P was up 120% in 20 months, I keep saying it but everything was massively overvalued. We are not going back to those levels anytime soon. We still have crazy inflation, rate hikes coming and the Fed hasnt even begun selling off their balance sheet. Not to mention continuing supply chain issues and uncertainty surrounding covid. There are literally zero bright spots right now.
This is a continued repricing of risk and does not have as much to do with ukraine as the media would have you believe.
This is a continued repricing of risk and does not have as much to do with ukraine as the media would have you believe.
- Aug 10, 2003
- 26,256
- 19,684
man I'm glad I sold all my stocks in July 2021 and cashed out then...I put that money into real estate which is doing great right now.... but my 401k from my last job I transferred over to some mutual funds and it was up 12k in July 2021 now down 3k from initial investment.... so I lost 15k in less than a year... I guess just have to wait it out
- Jul 13, 2005
- 35,421
- 27,033
I hear you. Every investor knows about upcoming rate hikes at this point. Covid uncertainty has been going on for 2 years plus now. These should be priced in.
In times of high inflation the markets didn’t tank this much either based on history.
- May 20, 2006
- 6,000
- 9,919
Yes everyone knows rate hikes are coming and to some degree it is priced in, however the uncertainty stems from the fact that they may not work the way they are normally intended. These hikes could plunge the economy into recession due to a number of other factors. We are in a very precarious, complex position economically right now. I think people are doubting whether the fed can actually control this situation. Not to mention the fed still has an $9 trillion balance sheet they intend to start selling off soon, how much and how soon is an unknown. I dont think we have a covid type selloff but I dont think we have a V shaped recovery like we had then either. I dont think prople really understand how out of touch with reality stock prices have been over the last year or so. Americans had the largest savings rate in history during the pandemic due mainly to stimulus and shutdowns. All that money is now spent, which boosted corporate earnings significantly over the past year. Thats not going to happen again.
- Jul 13, 2005
- 35,421
- 27,033
Zooming out, that growth from 2009 on has been just as insane. 2020 drop is very similar to this 2022 drop. I think we’re about 5% off.
- May 20, 2006
- 6,000
- 9,919
2009 recovery took almost 4 years to really get above the 120% return mark, we did it in less than 2 from covid lows. S&P dropped 36% from covid, I think we're down 10-11% this year.
Look at how the pe ratio of the s&p 500 dropped during that 2009 recession, was below 17 for most of the recovery. We're at 26 now, down from 45 last summer. I think if we get down to around 20 we'll be in a much better position barring any other major events.
- May 20, 2006
- 6,000
- 9,919
Futures bleeding. Wonder if we see circuit breakers tomorrow.
- Jul 13, 2005
- 35,421
- 27,033
Damn Putin declared war. Shocked really. Russia usually just flexes.
Videos of bombs and rockets started popping up on Twitter.
Videos of bombs and rockets started popping up on Twitter.
- Jul 20, 2012
- 4,476
- 4,718
Have
I forgot how much of a move would trigger it
I though when it sold off from omnicron it would have triggered it but that didn’t happen either
Havent seen it in a while
I forgot how much of a move would trigger it
I though when it sold off from omnicron it would have triggered it but that didn’t happen either
- May 20, 2006
- 6,000
- 9,919
Yea I doubt it, unless US decides to get directly involved. Whatever happens it will be an overreaction...for now.
- Jul 13, 2005
- 35,421
- 27,033
Everything is an over reaction. Need to start saving up some more powder and accept these current losses.
- Mar 22, 2003
- 29,006
- 17,672
Nothing matters
- Aug 22, 2007
- 5,494
- 2,469
Idk, I’m still buying. A little at a time.
- Oct 10, 2005
- 21,582
- 12,431
Markets going red to green while Russia tries to takeover Ukraine… what a time 
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- Jan 14, 2014
- 4,802
- 7,624
Thanks Russia for tanking the markets.
thekillerj23
Supporter
- Apr 4, 2007
- 10,341
- 11,629
One day it will stop!!
