Stock Market/Investing

knoxville7

I have the stride of a gazelle
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I looked at GameStop today after hearing about the craziness on Twitter. Was at 101 this AM and closed at 76 lol.

it popped up to around 150 briefly even. Then reality finally started to set in. Get ready...big pullback coming in the overall markets
 

Hawkeye OG

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I've been sitting on cash and waiting for a pullback. Still investing every month into my set it and forget it account and returns have been great, but this market makes no sense. Should have put more in when the markets dipped back at the beginning of covid but I thought it was going to go even lower
 

zack54attack

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I've been saving cash to buy when stocks go down too. So any advice will help.
 

Anytime23

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Anyone invested in the psychedelic sector?
 

ijustposthere

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I've been sitting on cash and waiting for a pullback. Still investing every month into my set it and forget it account and returns have been great, but this market makes no sense. Should have put more in when the markets dipped back at the beginning of covid but I thought it was going to go even lower

I put in everything I could afford to when the DOW JOANS went under 20k. But yeah, I'm just putting cash to the side now, aside from my monthly investments. None of this makes any sense.
 

Tater

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I've been sitting on cash and waiting for a pullback. Still investing every month into my set it and forget it account and returns have been great, but this market makes no sense. Should have put more in when the markets dipped back at the beginning of covid but I thought it was going to go even lower

Same here, except I didn't do shit. Figured a big tank was coming before, during and after the election, and back in spring when Covid attracted more notice.
 

Hawkeye OG

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Same here, except I didn't do shit. Figured a big tank was coming before, during and after the election, and back in spring when Covid attracted more notice.
I thought for sure the election was going to have more impact. I was fairly confident Biden was going to win and that would cause a dip. Anytime there is a transition of administrations there is some uncertainty. Apparently that is not the case in the world we live in today. Maybe it still happens tho.
 

Scoot26

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I thought for sure the election was going to have more impact. I was fairly confident Biden was going to win and that would cause a dip. Anytime there is a transition of administrations there is some uncertainty. Apparently that is not the case in the world we live in today. Maybe it still happens tho.
The market is utterly divorced from reality right now. A lot of that is based on central bank stimulus.. but I think the central banks have said this is all they can do without more government intervention.

Tech stocks are driving a lot of the gain, as they are booming in the pandemic. Restaurants aren't generally publicly owned companies, and they're the ones failing.

That said, still feels like we have a tank coming at some point.

I've only thrown money in my IRA..I'm otherwise sitting on what to me is way too much cash, but I'm afraid to do anything with it.
 

knoxville7

I have the stride of a gazelle
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I invested heavily after the covid crash, and it’s rewarded me nicely for it. But over these last couple weeks I’ve taken my portfolio and turned it into about 80% cash. I’m only expecting around a 10% drop, but I’m not going to be caught bag holding
 

Scoot26

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I invested heavily after the covid crash, and it’s rewarded me nicely for it. But over these last couple weeks I’ve taken my portfolio and turned it into about 80% cash. I’m only expecting around a 10% drop, but I’m not going to be caught bag holding
Wish I had.. I thought the market would keep crashing honestly.. plus I got busy and wasn't paying attention much and before I knew it the market had recovered.
 

HSBOB

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There's no doubt the easy Fed money and young,exuberant retail investor's money are making a difference but most of this market's best movers are putting up EARNINGS like we'll see with AMD after the close and Apple tomorrow.
I invest and I steer clear of the froth.
 

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