Stock Market/Investing

[Omeletpants]

I never would have believe that the worst unemployment report in 90 years would make the market rise. We are in for weird shit. Does any of this make you change your mind about selling portfolio or buying more?

 

[MDB111™]

I never would have believe that the worst unemployment report in 90 years would make the market rise. We are in for weird shit. Does any of this make you change your mind about selling portfolio or buying more?

I just keep buying on dips. My retirement horizon is still 15 years away.
The run on stocks was so high that when it crashed last months most stocks were still ahead if you were to look at 20 year charts.
If anything this was a much needed correction.

 

[Omeletpants]

I just keep buying on dips. My retirement horizon is still 15 years away.
The run on stocks was so high that when it crashed last months most stocks were still ahead if you were to look at 20 year charts.
If anything this was a much needed correction.

DID NEED A CORRECTION, BUT DOESNT THE UNEMPLOYMENT, CRUSHED CORPORATE REVENUES CONCERN ANYONE? WASNT REFLECTED IN THE RECENT RUN UP

 

[MDB111™]

DID NEED A CORRECTION, BUT DOESNT THE UNEMPLOYMENT, CRUSHED CORPORATE REVENUES CONCERN ANYONE? WASNT REFLECTED IN THE RECENT RUN UP

Not so much. That shit is so inflated,pumped and rigged. All I know is that historically it rises and one CAN make money, so I'm in it.

 

[Omeletpants]

Not so much. That shit is so inflated,pumped and rigged. All I know is that historically it rises and one CAN make money, so I'm in it.

So many experts have divergent views from total bounce back to depression

The market is rigged or predisposed to go up since there is no other place to put money with interest rates near zero. America WANTS the market to rise so that becomes the prevailing sentiment

I point people to the assending chart of the DOW to 2020. Depressions, world wars, recessions, Jimmy Carter. No matter what bad shit happens the market rises over time

 

[ijustposthere]

Feels like a little more reality creeping into the market the last few days. Down a little, more or less sideways. I wonder what's going to happen when the second wave hits.

 

[ijustposthere]

Boeing down to 120

 

[MDB111™]

Boeing down to 120

I threw everything I had in reserve at it today. I have 35 shares at a 126.35 cost basis

 

[knoxville7]

IMO, the bottom has hit back in March. The market will break through resistance that knoxville has talked about this week(maybe by wed.)
But you will see volatility. The market is halfway rallied back ready.
By the fall, it shoul be ready to flirt with those ATHs again. But if another lockdown happens? rinse, repeat. Only this time, you can pull your money out prior like all those senators did.
Buy on low dip days. Don't worry and good luck!

so about that breakthrough? Lol

 

[ijustposthere]

I threw everything I had in reserve at it today. I have 35 shares at a 126.35 cost basis

I've got a whole 12 shares around the same price lol. Slowly building up. I bought a couple today at 117. I most of my excess cash tied up in another spec that's actually making me money so I can't buy any more. Shame, it's dropped to 114.

 

[ZOMBIE@CTESPN]

I’m still sitting tight and not touching a damn thing buying or selling.

 

[MDB111™]

so about that breakthrough? Lol

I'm not quitting my day job

 

[Midway Fields]

Im on “aggressive” down 19%. Been on aggressive since I started.

Do I stay on aggressive or downgrade to pussy mode? ?

 

[MDB111™]

Im on “aggressive” down 19%. Been on aggressive since I started.

Do I stay on aggressive or downgrade to pussy mode? ?

I can't pretend to know how fund managers react to save clients money.

As a private investor, I am aggressive. It's not a loss until the stock is sold and realized gains or losses. On paper I am down too but again, they aren't losses if I don't sell.

 

[ZOMBIE@CTESPN]

taking a loss is advantage at times if you have a high tax burden. You can always add any positions back into your portfolio so take a loss to reduce your taxes and get the stock back it’s a win win

 

[DC]

I’m still sitting tight and not touching a damn thing buying or selling.

Same. Saving every penny I can. Of course, the wifey had me get our carpets professionally cleaned and ducts cleaned now that our dog and cat have both passed away. Other than that, ain't buying shit! Who knows what will really happen and we need that cash!

 

[Omeletpants]

I threw everything I had in reserve at it today. I have 35 shares at a 126.35 cost basis

A regular Warren Buffett. If you sell those 35 shares you may crash the market

 

[MDB111™]

A regular Warren Buffett. If you sell those 35 shares you may crash the market

Mow your grass, it's getting too tall.

 

[knoxville7]

I'm not quitting my day job

to be fair, it’s still just trading in the range I mentioned previously. It hasn’t quite broken through to the downside yet either. Course it was a rather large range I mentioned, too(23K to 24.2K). But, that seems like the range it’s in right now, been crazy amounts of volatility is why. I’m still picking it goes through the downside before the upside.

 

[ijustposthere]

A regular Warren Buffett. If you sell those 35 shares you may crash the market

Warren Buffet's a liberal. The only people that crash the market are Republicans.