You’re going to care even more. When you’re fully invested you can always just close your eyes and be positive about the long term. When you’re in cash, you’ll obsess over charts, trying to find the bottom to buy in again.
Hunter Watson
Then dont .. just put it all back into boomer stocks and let it sit.
Unless you think another correction is coming which in that case put it all on Tvix and wait ..
No need to obses over charts
Michael Moore
The volume and market hours movement suggests that very few people are buying. Most of the movement is in futures: about 69% of all a day's gain or loss is made in futures. The SPY average daily volume on green days the past four weeks is 116 million (11 days). On red days it's 111 million (9 days). The green day average is only boosted by the first two weeks; the last two weeks green day volume has been around 80 million, whereas the red days have been more or less constant. Volume has been approaching and falling under pre-Corona levels. Within the past 20 days (four weeks), we've had 5 days where markers opened higher and immediately attempted to sell off, ending the day lower than on open, of which 3 resulted in a red day.
What would you guys do to start rounding this out? I think I have enough MSFT now, probably too much maybe will have another $1k or so available to invest soon
No, I will be waiting for second bottom, which should come I belive that, if I am wrong I will take the L and just invest safely when it goes back to normal
Noah Allen
those people selling off are daytraders and will buy again next day.
More important is that investors are buying (not much but they are) and for them now should not be the time to sell. If you want to sell you would want to wait until things go wrong with the reopening or sth
RTX earnings and rev are a fucking monster! We’ll be back over 60 baby. Shit I wanted to get more for cheap though :(
Jordan Morris
Just look at P/E of tech stocks. They're ridiculous. And Shopify keeps losing money except for a few quarters.
>Shopify (SHOP) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of a loss of $0.18 per share.
Owen Phillips
Because BoE has thrown another 100bn pounds into the pool.
When do you start to understand that we are only going UP and if i mean UP, it is UP
Henry Johnson
I’ll kill you pedophile degenerate
Levi Cox
I hate that rtx is a meme, mostly because I'm to poor for chad lmt and gd.
Parker Evans
We are in a stock market bubble greater than 2000. The moment cpi ticks up, and the fed has to raise rates, back up from zero, that is the death knell for the stock market. But we still could a few weeks at least for bulls to make money.
James Morris
god fucking damn it why am i not rich yet????
Cameron Miller
fuck you guys, you told me to sell rtx because earnings will suck and now they have higher earnings then expected. It realy is right to always do the opposite of what biz tells. Everytime I listen I loose money.
Juan Flores
How many times do you have listened to this song today bobo? Maybe you should just stop shorting the bottom? This might be getting unhealthy
There exist stocks other than tech stocks. When people are allowed to work again and pay their mortgage, money will flow back into normal stocks that have been flat so far like banks.
If investors are buying, where is the volume and buying pressure? We've seen 9/20 red days this past month, with constant volume, whereas green days have shown vastly decreasing volume, to the point that the primary reason that they are green is because of futures movement. Futures have been propping up the majority of market movements, not market hours. That seems at odds with investors buying in during normal market hours, considering those movements only account for 30% of a day's gain or loss. And even more stark is the contrast between those days that start higher due to futures, and end lower due to continued selling pressure throughout the day, which accounts for 25% of all days. Yet, day trading volume is significant enough to push markets red despite starting at a +1.0% advantage?
Jeremiah Barnes
Where my TSX friends? XIC is slowly gaining for me but CNQ is my largest gainer currently. CTC.A has lost as much as XIC grew so I'm a bit salty right now. I try to rememeber that it's a long play and the fat divvy will be nice. Still debating a bank to buy into but with the unresolved virus effects it's maybe a bad time. Hoping that all the REITs get fucked soon, I'm too scared to buy in now but many are 50% off already so I may be a tard and miss the bottom.
