OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[Chopper]

NQ melting, SPX struggling & failing to hold 3000

Bear market rally *finally* out of gas ?

Like I mentioned a week or two ago, we see S&P around 2,500 again, I'll start building back my positions. It's going to take a lot of patience to wait until Q2 earnings to stay on the sidelines though if this thing continues to run.

 

[shibadekobe]

$HTZ Lambo

 

[truss]

SaaS stocks getting pummeled early

 

[tkthafm]

SaaS stocks getting pummeled early

About time.

Sell off was imminent when all the robinhood kids kept piling into the same handful of names. SHOP was trading at what ? 1000x PE ? lol.

EDIT: I think it was actually 2000-3000x PE.

 

[wballz]

Made a nice profit from my nflx puts this past few days.

Been looking at other non FANG / GAMA stocks to buy puts, but the volume for the monthlies isn't there for my liking.

 

[shibadekobe]

 

[andycrazn]

robinhood down again LOL

 

[Brownstone]

Financials up ~20% since Cramer told everyone to stay away from them a couple weeks ago

 

[shibadekobe]

ORANGE COUNTY TASK FORCE APPROVES JULY 11 DISNEY REOPENING

 

[shibadekobe]

$GRNQ

 

[shibadekobe]

 

[shibadekobe]

 

[アミーゴ]

Shoutout to アミーゴ for $LK & $DKNG
Spot on calls that are still running today.

*using your LK thesis...bought $HTZ since Ichan practically owns it

Got you my man.

Im unfortunately out of any significant plays for the next 6 weeks and making real estate moves.

 

[junglejim]

Got you my man.

Im unfortunately out of any significant plays for the next 6 weeks and making real estate moves.

You don't think this is going to keep rallying?

 

[johnnyredstorm]

Sold DDOG yesterday at 71 and bought back today at 63. Had an open order that filled that I completely forgot about. Added a little lvgo. I’m completely tapped out of cash for the rest of the month though. Would be adding more twlo, fsly and roku otherwise

 

[shibadekobe]

You don't think this is going to keep rallying?

China Trade War 2.0 incoming

$USD/CHN

Seasonality kicks in...

 

[アミーゴ]

You don't think this is going to keep rallying?

No but if you have seen my posts for the last year in here I’ve been probably the biggest bear

I feel the real estate market has immense opportunity currently especially with rates at 2.5%

 

[shibadekobe]

No but if you have seen my posts for the last year in here I’ve been probably the biggest bear

I feel the real estate market has immense opportunity currently especially with rates at 2.5%

Don't you think RE and Commercial RE have yet to truly correct?
Do you think 2022 would be a better entry point for RE investments?
I regret not selling my house in SG in 2017...dropped dramatically.

 

[アミーゴ]

Don't you think RE and Commercial RE have yet to truly correct?
Do you think 2022 would be a better entry point for RE investments?
I regret not selling my house in SG in 2017...dropped dramatically.

I am buying only in major city’s - Seattle, SF, LA, etc.

The wealthy people who live here aren’t leaving - if anything they will buy another house to work from anywhere 6 months a year BUT will still want their kids going to good schools in the burbs etc.

 

[turbospartan]

Don't you think RE and Commercial RE have yet to truly correct?
Do you think 2022 would be a better entry point for RE investments?
I regret not selling my house in SG in 2017...dropped dramatically.

Where is SG?

I'm still thinking that RE prices could drop. Not in the "hot" spots, as there will still be much demand in those areas. But in other areas, I could see landlords getting sick of rent forbearance, unemployed tenants, etc - and maybe they want to get out (or are losing the rental property). I could also see people selling their AirBnB's and 2nd / vacation homes.

 

[shibadekobe]

Where is SG?

I'm still thinking that RE prices could drop. Not in the "hot" spots, as there will still be much demand in those areas. But in other areas, I could see landlords getting sick of rent forbearance, unemployed tenants, etc - and maybe they want to get out (or are losing the rental property). I could also see people selling their AirBnB's and 2nd / vacation homes.

Singapore

 

[shibadekobe]

$TSLA

 

[shibadekobe]

 

[andycrazn]

Bought more nugt at 64. Let's see what happens

 

[coolcool]

what a dump and pump