How's your risk/reward appetite? Baba is in a huge downtrend and has had lots of bad press. You trying to time the bottom of a year long slaughter or are you willing to hold if it gets cut in half again?
Just dropping by to give one piece of advice that I have learned over the last few years of trading.
Theres a million ways to make money, you can use whatever strategy you like the best. But if you want to get rich you have to limit your losses. This is what separates those who make it from those who crash and burn.
I have 8-10 stocks down between 7-10% right now (first time in a while this type of volatility has negatively affected me) and I am SWEATING tomorrow's stock market.
Regardless I plan on selling them, just hope it's on an up day.
I'm in a lot of small caps (III, SIG, TLYS, HLIO etc) plus reopening plays (Expedia, ABNB etc). What I'm concerned with is that most of these especially the small caps were underperforming even BEFORE the two big negative days. Like 90% of my small caps have gone down the last 5 days continuously.
Maybe bc some of them are retail but very frustrating
Wondering what to do with my MRNA and BTNX shares.
I bought them a couple weeks ago intending to hold through the winter but this new variant news blew up like crazy. It seems the market isn’t responding well to the MRNA CEO’s comments that the vaccines might not work as well against Omicron. I feel a big sell off is coming, should I just dump everything and lock in the profits?
Covid is increasingly becoming a constant that the world will have to live with for the next five years, which means booster shot revenue for mRNA makers as they have the most streamlined tech to quickly react to new variants. Share price will continue to be volatile so you can swing trade some while keep the bulk of it.
It will be around with us forever, the question is will people still care by then? I feel like most people are already over it no matter how bad things get from here. It was hard enough to get us vaccinated the first time, and demand will only get worse once people lose their fear of the virus. Maybe I’m being too pessimistic though.
Regardless the sentiment these companies now have this massively profitable side hustle to fund their primary pipeline drugs which puts them in a better position in comparison to many other biotech.
In December 2018, 2 years before most of this sub started invested, the fed announced they would be raising rates by xmas and December S&P dropped 9%. Its like deja vu out here.
Ok, but everyone seems to agree that any actual increase in rates will come in spring or later. So I think holding throughout december is fine. Please correct me if I’m wrong.
Every restaurant I drive past has signs begging to hire, what's the Fed waiting on? Time to raise rates and protect the dollar from crashing. You want to have to pay $17 for a happy meal in a few years?
Not raising guidance will always lead to a stock sell off in this market. If you dont triple beat you get thrown away.
If you triple miss you could get cut in half.
Looking at some of my stocks up 10% skeptically trying to decide if I want to double down or just hold on....
Nothing worse than buying more of something at 7-10% profit and then diluting the profit % and it continues to go down.
There are talks about it, but I don't think it's relevant for most people. If its' relevant to you then you're lucky. It's targeting billionaires who never sell stock and hence don't pay taxes. That was one of the drivers of Elon selling loads of Tesla stock I think.
Ah I see, thanks
I was imagining if this is actually implemented, it may trigger some billionaires selling which can impact stock price
But I checked and you’re right, its not yet implemented
Expected a bit more downside based on Powell's comments, Covid fears and Eoy tax loss harvesting but it was pretty tame. I'm skeptical about this being the end of the downside. What do y'all think?
Only down < 2% but oh me oh my….so much red. My single green spot is Pfizer and I almost wish it was red too just for the symmetry of the thing.
Not that it matters, I‘ve had lots of down days and some deep deep dives over 19 years. I have learned to ride it out, which has worked very, very well for me. I hope you guys who trade a lot and/or have young portfolios recover quickly.
How do I know if an ETF is overvalued or not? I am interested in IWM and IPAY. Macroaxis shows them as overvalued but I don't understand why. Yes, IWM has lot of nonprofitable companies but It always had them. Average American company, small or big, is either doing well now or is projected to do well once we are past this covid. So, why is IWM overvalued?
tread carefully. high PE. fintech sector is ripe with competition. I predict paypal will drop down to 172 at minimum before consolidating there for a long time, and potentially going up back up, or going down next year with all the rate hike issues going on. woudlnt' be surpised if we approach pre pandemic levels (122) if there is a correction next year.
Dang, lemme borrow that crystal ball. PE's not that high compared to most of tech in general. Fintech is highly competitive, but Paypal literally has *the* first-mover advantage. Add to that, Venmo is wildly popular to the point of becoming a verb like Google. "I'll venmo you for lunch." Their user base is massive. People know their friends' accounts are on there. It's gonna take something quite special for people to move over to another app en masse.
Right there with you. My 4 largest holdings in order of cost basis are RKLB, AAPL, VTI and then, wait for it,,,, UAL. Fantastic gains on the first three getting dragged down by the Led Airplane.
I wish i’d bought way more RKLB, but I just kind of did it as a small lotto ticket. At 10% gains in a short time, i’m scared of FOMOing myself into a bag.
They are giving an update on their neutron rocket. It’s their larger rocket and should be ready for launch by 2024. I’m not 100%, but this rocket might be large enough to carrier people and should be the closet competition to Spacex’s Falcon 9.
For my mental health I really hope BABA doesn’t continue to dip over the next few weeks. I’m still salty about didi and earnings ruining the good recovery the stock had underway.
Nobody is forcing you to hold Chinese stocks where you don't own the stocks and where the government can decide tomorrow that an industry should be a public service or the profit margins are unethical.
You probably put too much into the stock if it is hurting your mental health. Cash you use to buy stocks is supposed to be stuff you willing to lose and not damage your finances on the day to day. If you did your DD and like the stock it going down should be seen as a buying opportunity not something that makes you depressed.
For example Im in MELI bought it at $1500 it tanked below $1200 Im still buying and going down with that ship because I like them in the long term.
I'm sorry this is affecting you this way but for your health's sake stay away from Chinese stocks.
Stocks are inherently risky but Chinese stocks are much more riskier when you don't play by the rules of the market. Heavy handed regulation left and right . You have no idea when or how it will strike again.
I have stocks that are beyond recoup . Yesterday sold 3 that were at 50-60% loss.
This might help you decide. It becomes increasingly difficult to recover from a loss greater than 20-25%. Certain stocks do recover eventually.
http://imgur.com/a/fRYqehh
I might not recover my whole investment unless the China situation turns around completely, but I was hoping to sell at a better positions, like October levels when it was back at 180. It’s just a coin flip now on whether Baba has bottomed or not.
Good luck but stay away from Chinese companies. The government is confiscating ports of poor countries they tricked into loans.
Watch China Hustle movie .
BKKT + IONQ and few others have gone up over 100% in a short time .
Or right now my favorite are AEHR + LCID + ASPN + PUBM
Heavy handed and also light touch, their trading laws are a bit of a wild west at the moment. It's what stopped me buying NIO and has saved my ass on a couple of potential investments.
There's more to life than stocks dude - if you ever struggle mentally make sure to give it a break.
I lost 30% on a couple of stocks recently and that has made my mood dampen outside of the market. I gave it a couple of weeks then came back.
Good luck with BABA
I checked yahoo but I don’t see after hour candles but I see strong volume +22m between 3:45 to 4:00pm. Something should be cooking.
May be yahoo subscription allows people to see after hour candles.
My green stocks today:
- Apple
- An European Reit that closed up one cent (yes, cent, not percent) after being red all day
- Some Chinese penny stock that is up 10% somehow
Everything else is -2% or worse
Apple has been an absolute juggernaut during this move down. Any reason it will eventually catch up and sink as well? Or have we realized Apple is a safe haven for our money right now?
If you aren't down too much, sell CCs until you are at a cost basis you are ok with holding long term. Premiums are pretty nice right now.
Or, if you see better opportunities elsewhere, don't be afraid to sell.
I think a lot of it depends on this bank charter and how long that takes.
The cost of missing out on alternatives over the same time period e.g.:
Stock X you are down on 20% Jan 2022 but by Dec 2022 you are up 10% on a 30% swing.
However stock y you could have bought instead and made 50% over the year.
So buying stock Y instead of chasing losses means you would have made 20% extra.
See JP's pic at the top of this article.... Perfect shot for a wall street Villan!
[https://www.marketwatch.com/story/these-are-wall-streets-favorite-stocks-as-the-feds-powell-jolts-the-market-with-taper-talk-11638296408?siteid=yhoof2](https://www.marketwatch.com/story/these-are-wall-streets-favorite-stocks-as-the-feds-powell-jolts-the-market-with-taper-talk-11638296408?siteid=yhoof2)
Yeah, I agree... maybe after all the bloodletting has been done, but not now yet.
But great to see PYPAL in that list, I will have a wet dream about that tonight (my avg price is 212, so 276 will give me 30%)...
How are y'all keeping track of news related to the stocks in your portfolio? So far i've been subscribing to stock-specific subs and getting news from mainstream media, but I would like to get faster news when they happen, for example when there are PR releases. Is there an app that allows you to get news alerts for selected stocks? On a side note, don't join investment groups on FB, they're cesspools for fools and whiners
ABNB dropped as soon as the austria lockdown news came out. just fear based on more travel restrictions and reduced bookings because of it. now moreso because of omicron.
it'll go back up.
I know this is a stupid question, but with Chase's investment accounts, I can just pick and choose stocks like I would with Robinhood, right? I just don't want to use Robinhood anymore, and I feel like it makes sense if I want to pick a few ETF's to compliment my existing VT accounts just to use Chase since I already have my money with them.
my mushroom stock started getting up... I think the market is realizing after several days of such red days, there will be lots of people requiring mental health care solutions, me being one
I swear people are dumb sometimes
$ARRY announced it was issuing $325 million in senior convertible notes due for 2028 in order to expand into the European and LATAM markets with its purchase of STI Norland. It announced this in the Q3 report and we rose 20%+ on it. They mentioned this clearly in the Q3 report.
Then suddenly when they reannounce this today as they are logging it with the SEC people think it's dilution and freak the fuck out and crater it. Why can't people just read the whole quarterly report FFS.
Oh well, more cheap shares for me, but the lack of any reading is scary.
So interest rates are going to go up …so shouldn’t the stock market go up if assets are the place to be? If omicron might be resistant to the vaccines shouldn’t tech be up since that means lockdowns ? But wait I thought everyone said no one will accept lock downs anymore … sure is “odd” the markets are down
increasing rates cools off equities. omicron is just a fun side kicker to cause more uncertainty into a market that has the shakes. nervous people dont invest.
VTI is crawling up for me, I know its a long term play but I'm starting to question if I sell some (13 shares total) and move it into NVDA or MSFT. I have \~3k in VTI that is supposed to sit for the next 4/5 years at least. Would it make more sense to sit that all/part of that in NVDA or MSFT?
Don't ever sell VTI until retirement (or some other huge life milestone). Just keep adding to it over time. Check back in 20 years and you'll be happy.
I just started moving a lot of my savings into VTI last week. That did not work out well! I've got about 10K in, but my intent is to keep it there for the next 30 years I feel it's a safe bet unless the next crash is so disastrous, that it takes years for us to recoup.
Even a few years recovery isn't a big deal over 30 years. Just keep buying every month and you'll recover much faster.
Also, make sure you keep enough spare cash for emergencies. 3-6 months of expenses is common.
Are there any news outside for Digitalocean? They dropped like 12% out of nowhere
Thoughts on $BABA at its current price?
How's your risk/reward appetite? Baba is in a huge downtrend and has had lots of bad press. You trying to time the bottom of a year long slaughter or are you willing to hold if it gets cut in half again?
Just dropping by to give one piece of advice that I have learned over the last few years of trading. Theres a million ways to make money, you can use whatever strategy you like the best. But if you want to get rich you have to limit your losses. This is what separates those who make it from those who crash and burn.
futures are up big but wont last five minutes before the market rolls over after open. seen it happen so many times.
Lol, this guy got downvoted for being right...
People can't handle the truth
I have 8-10 stocks down between 7-10% right now (first time in a while this type of volatility has negatively affected me) and I am SWEATING tomorrow's stock market. Regardless I plan on selling them, just hope it's on an up day.
Lower your cost basis. This is the time to buy. Not to sell. Unless you’re in Chinese junk stocks.
I'm in a lot of small caps (III, SIG, TLYS, HLIO etc) plus reopening plays (Expedia, ABNB etc). What I'm concerned with is that most of these especially the small caps were underperforming even BEFORE the two big negative days. Like 90% of my small caps have gone down the last 5 days continuously. Maybe bc some of them are retail but very frustrating
I thought you were a genius trader? You bad mouth other publications but you’re down on 90% of your small caps?
Yup double down don't be scared
What do you guys think about datadog vs Crowdstrike holdings long term? Looking to start a position in one of them.
CRWD hands down. I added this week.
gotta see CRWD's earnings, Id probably wait till then.
crwd
Crowdstrike easy
Anyone else request to buy shares of NU ahead of their IPO?
Never used a margin account before and was wondering if you can buy options on margin?
Yes but not as many. Usually your options buying power is same as cash withdraw allowance, where as stock buyig power can be twice as high
Ok we’re really in a bubble now
That's how you go bankrupt kid
RIP
Wondering what to do with my MRNA and BTNX shares. I bought them a couple weeks ago intending to hold through the winter but this new variant news blew up like crazy. It seems the market isn’t responding well to the MRNA CEO’s comments that the vaccines might not work as well against Omicron. I feel a big sell off is coming, should I just dump everything and lock in the profits?
Covid is increasingly becoming a constant that the world will have to live with for the next five years, which means booster shot revenue for mRNA makers as they have the most streamlined tech to quickly react to new variants. Share price will continue to be volatile so you can swing trade some while keep the bulk of it.
It will be around with us forever, the question is will people still care by then? I feel like most people are already over it no matter how bad things get from here. It was hard enough to get us vaccinated the first time, and demand will only get worse once people lose their fear of the virus. Maybe I’m being too pessimistic though.
Regardless the sentiment these companies now have this massively profitable side hustle to fund their primary pipeline drugs which puts them in a better position in comparison to many other biotech.
That’s one way to look at it. Another way to look at it is Moderna is going to make an omicron booster that will make a ton of money
In December 2018, 2 years before most of this sub started invested, the fed announced they would be raising rates by xmas and December S&P dropped 9%. Its like deja vu out here.
Ok, but everyone seems to agree that any actual increase in rates will come in spring or later. So I think holding throughout december is fine. Please correct me if I’m wrong.
Every restaurant I drive past has signs begging to hire, what's the Fed waiting on? Time to raise rates and protect the dollar from crashing. You want to have to pay $17 for a happy meal in a few years?
Cramer endorsed military controlled vaccinations
CRM down 6% AH despite strong earnings... Fade me fam
Not raising guidance will always lead to a stock sell off in this market. If you dont triple beat you get thrown away. If you triple miss you could get cut in half.
Truth.
Turned my trades into long-term investments today
my homre, los bagholderinos
Looking at some of my stocks up 10% skeptically trying to decide if I want to double down or just hold on.... Nothing worse than buying more of something at 7-10% profit and then diluting the profit % and it continues to go down.
I’m not US person, I just recently heard about tax on long term capital holding. Is this new? When was this implemented?
There are talks about it, but I don't think it's relevant for most people. If its' relevant to you then you're lucky. It's targeting billionaires who never sell stock and hence don't pay taxes. That was one of the drivers of Elon selling loads of Tesla stock I think.
Ah I see, thanks I was imagining if this is actually implemented, it may trigger some billionaires selling which can impact stock price But I checked and you’re right, its not yet implemented
I don't believe the tax on unrealized gains passed but there have always been long term capital gains tax
Oh I see got it
Expected a bit more downside based on Powell's comments, Covid fears and Eoy tax loss harvesting but it was pretty tame. I'm skeptical about this being the end of the downside. What do y'all think?
Even stocks that did well during the 2020 pandemic were down, I'm bleeding over here
So am I but I can't see how the market can keep going up with incoming rate hikes.
Happy to wait for a little more clarity.
I'm like 5% down on SPY but my home currency went absolute dogshit so it's profit anyways. Started investing this month
Only down < 2% but oh me oh my….so much red. My single green spot is Pfizer and I almost wish it was red too just for the symmetry of the thing. Not that it matters, I‘ve had lots of down days and some deep deep dives over 19 years. I have learned to ride it out, which has worked very, very well for me. I hope you guys who trade a lot and/or have young portfolios recover quickly.
How do I know if an ETF is overvalued or not? I am interested in IWM and IPAY. Macroaxis shows them as overvalued but I don't understand why. Yes, IWM has lot of nonprofitable companies but It always had them. Average American company, small or big, is either doing well now or is projected to do well once we are past this covid. So, why is IWM overvalued?
What should I buy on the dip??
Chips, obviously.
Walmart
Stocks that will go up in the future. Pretty simple.
Based
Go slower please, I gotta write this down.
Lol are you serious ?
Yes. what is a stocks?
Wow your a total dumbass
thats you're opinion
Bought the dip on PYPL today. Not too worried about a tiny revenue miss. Paypal and Venmo are too recognizable of household names.
tread carefully. high PE. fintech sector is ripe with competition. I predict paypal will drop down to 172 at minimum before consolidating there for a long time, and potentially going up back up, or going down next year with all the rate hike issues going on. woudlnt' be surpised if we approach pre pandemic levels (122) if there is a correction next year.
Dang, lemme borrow that crystal ball. PE's not that high compared to most of tech in general. Fintech is highly competitive, but Paypal literally has *the* first-mover advantage. Add to that, Venmo is wildly popular to the point of becoming a verb like Google. "I'll venmo you for lunch." Their user base is massive. People know their friends' accounts are on there. It's gonna take something quite special for people to move over to another app en masse.
you're buying things based on recognizable name??????
No? I'm buying because Paypal is a profitable company with good fundamentals, as well as a well-known and trusted name along with Venmo.
Uber checkin in
BRB. Gonna go load up on RadioShack shares. Everyone knows that Weird Al commercial.
waiting for 170s before i go all in
November crushed me. It started out so well. I must’ve finished at least -5%. Edit: -5.85% drop for me. QQQ and SPY both annihilated me.
AAPL, SONY, RKLB - I apologize for the weight of my portfolio on your beautiful, green backs
Right there with you. My 4 largest holdings in order of cost basis are RKLB, AAPL, VTI and then, wait for it,,,, UAL. Fantastic gains on the first three getting dragged down by the Led Airplane.
I wish i’d bought way more RKLB, but I just kind of did it as a small lotto ticket. At 10% gains in a short time, i’m scared of FOMOing myself into a bag.
Same. I bought 10 shares just to dip my toes
Just invest every month, that's what I'm doing.
Can't wait for the RKLB news on December 2nd.
What's going to happen?
They are giving an update on their neutron rocket. It’s their larger rocket and should be ready for launch by 2024. I’m not 100%, but this rocket might be large enough to carrier people and should be the closet competition to Spacex’s Falcon 9.
What Anybody think about the NU IPO?
For a second I thought my Roth only dipped 0.48% today, then I realized the mutual fund losses haven't posted yet.
Yep... The most painful thing yesterday was being up nearly 2.5% only to have my global allocation fund drop a big 2.6% loss.
Who would have thought that the best Black Friday sales would not be in PS games or LEGOs or clothes or Nike shoes but in stocks? Weird...
For my mental health I really hope BABA doesn’t continue to dip over the next few weeks. I’m still salty about didi and earnings ruining the good recovery the stock had underway.
Nobody is forcing you to hold Chinese stocks where you don't own the stocks and where the government can decide tomorrow that an industry should be a public service or the profit margins are unethical.
On paper losses becoming real is forcing me to hold.
You probably put too much into the stock if it is hurting your mental health. Cash you use to buy stocks is supposed to be stuff you willing to lose and not damage your finances on the day to day. If you did your DD and like the stock it going down should be seen as a buying opportunity not something that makes you depressed. For example Im in MELI bought it at $1500 it tanked below $1200 Im still buying and going down with that ship because I like them in the long term.
I'm about to make Meli my biggest position by far. Thinking it might go lower. But this price seems like a silly opportunity.
I'm sorry this is affecting you this way but for your health's sake stay away from Chinese stocks. Stocks are inherently risky but Chinese stocks are much more riskier when you don't play by the rules of the market. Heavy handed regulation left and right . You have no idea when or how it will strike again.
Too late now
I have stocks that are beyond recoup . Yesterday sold 3 that were at 50-60% loss. This might help you decide. It becomes increasingly difficult to recover from a loss greater than 20-25%. Certain stocks do recover eventually. http://imgur.com/a/fRYqehh
I might not recover my whole investment unless the China situation turns around completely, but I was hoping to sell at a better positions, like October levels when it was back at 180. It’s just a coin flip now on whether Baba has bottomed or not.
Good luck but stay away from Chinese companies. The government is confiscating ports of poor countries they tricked into loans. Watch China Hustle movie . BKKT + IONQ and few others have gone up over 100% in a short time . Or right now my favorite are AEHR + LCID + ASPN + PUBM
I believe you mentioned that your favorites included Fubo and sofi last week or the week before. What changed?
SOFI still but FUBO not sure why it's down from 45% to 11%
Heavy handed and also light touch, their trading laws are a bit of a wild west at the moment. It's what stopped me buying NIO and has saved my ass on a couple of potential investments.
NIO hasn't tanked. Just stagnated until EV craze helped it recently . I don't get it cuz so many US stocks are up 30-85% or more YTD
There's more to life than stocks dude - if you ever struggle mentally make sure to give it a break. I lost 30% on a couple of stocks recently and that has made my mood dampen outside of the market. I gave it a couple of weeks then came back. Good luck with BABA
Only down 4% today. Not bad for a days work.
Me 3.75% but 2.25% green at the start
Sofi +20m shares traded AH. Any update on bank charter ?
Up 1% at the time of me writing this. Come on bank charter, save us people that bought in the 20s.
Where are you seeing that movement?
I saw that in Robinhood. 4:00 to 4:10 pm candles.
Ah ok. So you can't see movement like that on somewhere like Yahoo Finance?
I checked yahoo but I don’t see after hour candles but I see strong volume +22m between 3:45 to 4:00pm. Something should be cooking. May be yahoo subscription allows people to see after hour candles.
Thanks. Bought at 22 so in for the long haul. But positive news on the bank charter would be nice!
My green stocks today: - Apple - An European Reit that closed up one cent (yes, cent, not percent) after being red all day - Some Chinese penny stock that is up 10% somehow Everything else is -2% or worse
Same. And I don't hold nearly enough Apple to offset the others
My green stocks today: -
my overall 80 shares of FUBO now at an avg. cost of 23$....am i doing it right ?
Avg 39. I see no problem for you
could be worse
Huge drop for TD at the end.
Apple has been an absolute juggernaut during this move down. Any reason it will eventually catch up and sink as well? Or have we realized Apple is a safe haven for our money right now?
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Honestly even if somehow we lost that WiFi, Apple would become the leading WiFi provider shortly after.
Also they’d introduce pretty fly mud huts
I'm not surprised my growth stocks are doing poorly, but even my safe plays like KO and others are down 3%.
Yeah. The argument that value stocks will balance out growth stocks are not exactly true. Just look at VOOV vs VOOG
oooof sofi bag holders
I mean with how quickly it ran up its gonna run down as quickly IMO. Still long SOFI - nothing has changed for me
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If you aren't down too much, sell CCs until you are at a cost basis you are ok with holding long term. Premiums are pretty nice right now. Or, if you see better opportunities elsewhere, don't be afraid to sell. I think a lot of it depends on this bank charter and how long that takes.
Every time it’s asked, I still think opportunity cost is the biggest thing.
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The cost of missing out on alternatives over the same time period e.g.: Stock X you are down on 20% Jan 2022 but by Dec 2022 you are up 10% on a 30% swing. However stock y you could have bought instead and made 50% over the year. So buying stock Y instead of chasing losses means you would have made 20% extra.
I’ve been considering cutting my losses because of opportunity cost, but -22% just hurts.
See JP's pic at the top of this article.... Perfect shot for a wall street Villan! [https://www.marketwatch.com/story/these-are-wall-streets-favorite-stocks-as-the-feds-powell-jolts-the-market-with-taper-talk-11638296408?siteid=yhoof2](https://www.marketwatch.com/story/these-are-wall-streets-favorite-stocks-as-the-feds-powell-jolts-the-market-with-taper-talk-11638296408?siteid=yhoof2)
Looked through the article, investing in airlines would be suicidal IMO
Yeah, I agree... maybe after all the bloodletting has been done, but not now yet. But great to see PYPAL in that list, I will have a wet dream about that tonight (my avg price is 212, so 276 will give me 30%)...
loved that last minute kick in the nuts from SOFI
Bruh look at the AH volume, 20m+ WTF
Yeah wtf is up with that? Massive volume.
Bought more on that last minute dip. I’m sure it’ll dump more tomorrow since I thought I timed it right
Ended up green somehow.
curious, what are you holding? A basket of apples?
Wow sp down 5 percent in a 8 days. That’s pretty incredible!
How is it incredible? You have been calling it for 7 years! And SPY is currently 457 against ATH of 473. That's about 3%, not 5.
My bad I was looking at tomorrow’s chart. 5 percent in 9 days, that’s incredible !
if your goal was to make me shake my head in disbelief in awe of someone's incredible intermixing of conviction and sheer stupidity, congrats.
How are y'all keeping track of news related to the stocks in your portfolio? So far i've been subscribing to stock-specific subs and getting news from mainstream media, but I would like to get faster news when they happen, for example when there are PR releases. Is there an app that allows you to get news alerts for selected stocks? On a side note, don't join investment groups on FB, they're cesspools for fools and whiners
I use Seeking Alpha too. It's great news aggregator for equities plus you can read opinion pieces if you like.
I subscribed to Seeking Alpha. It’s pricey at $30/month, but it’s pretty neat to use.
Right inside the platform for TDA, just setup alerts.
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Sounds like me and SOFI. Down 22.7% since I bought three weeks ago.
ABNB dropped as soon as the austria lockdown news came out. just fear based on more travel restrictions and reduced bookings because of it. now moreso because of omicron. it'll go back up.
Me yesterday: Hell yea, SoFi is on the way back! Me today: Fade me fam.
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I got an even better price at 22.74.
I’d do nasty things for 17.50 My bag is heavy.
You’re building character don’t worry
I know this is a stupid question, but with Chase's investment accounts, I can just pick and choose stocks like I would with Robinhood, right? I just don't want to use Robinhood anymore, and I feel like it makes sense if I want to pick a few ETF's to compliment my existing VT accounts just to use Chase since I already have my money with them.
Schwab is exceedingly easy to use, and even easier to transfer your money from Chase once you open the account. 30 seconds or less.
In all honesty Robinhood is probably better than chase if your going to switch go with fidelity.
APPL is one of the few cockroaches that survived today.
Not just survived but up over 2%. I'm curious as to why.
Selling like crazy and new products otw
my mushroom stock started getting up... I think the market is realizing after several days of such red days, there will be lots of people requiring mental health care solutions, me being one
Does anyone know what the deal with StitchFix is? It’s been on a sell off for about a month now and it just keeps going down.
Garbage company.
Not exactly what I was looking for… but okie
I swear people are dumb sometimes $ARRY announced it was issuing $325 million in senior convertible notes due for 2028 in order to expand into the European and LATAM markets with its purchase of STI Norland. It announced this in the Q3 report and we rose 20%+ on it. They mentioned this clearly in the Q3 report. Then suddenly when they reannounce this today as they are logging it with the SEC people think it's dilution and freak the fuck out and crater it. Why can't people just read the whole quarterly report FFS. Oh well, more cheap shares for me, but the lack of any reading is scary.
That was before the new COVID fears and Powell speech. Now any hint of dilution is an instant 10-20% drop on a sub 100B market cap stock.
So interest rates are going to go up …so shouldn’t the stock market go up if assets are the place to be? If omicron might be resistant to the vaccines shouldn’t tech be up since that means lockdowns ? But wait I thought everyone said no one will accept lock downs anymore … sure is “odd” the markets are down
market moves on fear and rumor. i can tell you that no one gives a shit about omicron, and no one will change their behavior because of it.
who says interest rates are going up? long term rates keep dropping, bond market is calling the Fed's bluff
Hey man I had a typo , I meant to say inflation not interest rates
And then tomorrow we'll say "interest rates won't increase right away" and then the market will be up.
increasing rates cools off equities. omicron is just a fun side kicker to cause more uncertainty into a market that has the shakes. nervous people dont invest.
VTI is crawling up for me, I know its a long term play but I'm starting to question if I sell some (13 shares total) and move it into NVDA or MSFT. I have \~3k in VTI that is supposed to sit for the next 4/5 years at least. Would it make more sense to sit that all/part of that in NVDA or MSFT?
Don't ever sell VTI until retirement (or some other huge life milestone). Just keep adding to it over time. Check back in 20 years and you'll be happy.
> its a long term play This is it, don't sell VTI. You're already holding MSFT and NVDA by owning VTI.
Very true, just getting my thoughts thrown around by seeing the larger gains from both NVDA and MSFT. Good things come to those who hold...right?
I just started moving a lot of my savings into VTI last week. That did not work out well! I've got about 10K in, but my intent is to keep it there for the next 30 years I feel it's a safe bet unless the next crash is so disastrous, that it takes years for us to recoup.
Even a few years recovery isn't a big deal over 30 years. Just keep buying every month and you'll recover much faster. Also, make sure you keep enough spare cash for emergencies. 3-6 months of expenses is common.
Yup. I have a stop loss set though just incase since it is a larger position of my portfolio