Is need some new Zig Forums. Hook a brother up with a recommendation. Not sad sack Elliott smith though, preferably someone not dead.
Blake Lewis
Whatever you anons do, do not buy Nikola
Ayden Reed
Biopennies that you see in Zig Forums are mostly pump n' dumps
Lincoln Brooks
once again, futures are... indecisive i used to anticipate the big sell-off every night, but now I don't think there will be one. we'll just crab at a slight downhill incline for awhile. then in the fall with the second wave, we'll taper further down. it'll be a gentle decline rather than the big selloff
Ayden James
isn't this how every recessionary period works? there's a selloff, bull trap, then a slow contractionary period. i think the big selloffs will only happen in tech, which is clearly overvalued at this point.
Asher Reed
the days of multi circuit breakers are gone. I missed them completely and now that I am prepared (((they))) are going to bore me to death.
Massive sell off in March was because there was a lot of big boys that were intending to sell anyway because corporate profits were lagging and made everything overbought. As soon as a selloff looked imminent none of them wanted to be last out of the door. The only place where that exists right now is tech....I think.
Jace Richardson
>I am prepared (((they))) are going to bore me to death. The market can definitely do that for extended periods of time. If you want to see some mind numbing snibby market action, look at the S&P chart from December 2014 to November 2016. However, when crab market settles in you get more divergence from the index in specific industries with plenty of good volatility to trade.
i too get fucked every day down $90k so far trying to dig myself out. i will probably end up digging so far, that it falls apart and just buries me and i fucking die starbreeze, developers of payday game, that shit will 10x if they get their shit together straight, check steamcharts.com/app/218620
Apple is like 10 dollars short of its all time high, at pre corona levels when the world was rosy and the bull market was intact. You think this is reasonable?
Michael Sanchez
I will (still) never, ever get reverse raped by loli succubi.
Indeed, mega cap tech has some of the best balance sheets flush with cash. They’re going to gobble up all the competition that doesn’t make it through this and they’re going to become more and more integral in everyday life. The only major threat is government intervention like antitrust and privacy shit.
People are paying up for quality, they’re paying up for growth, and they’re paying up for businesses they know they want to own when this is through.
But the stock prices have gone up very quickly and reflect a great deal of that. However, with market mechanics the way they are, they could pull back 5% or they could stay bought up for years.
Poor people will find a way to buy the latest and greatest iphones. So long as their China supply chain does die (and it seems to be secure right now) they will be fine. Also, PPT seems to be at work right now. We're going to open green unless there's a morning dump again.
i will buy 1 share of this for the memes NKLA TSLA
Isaiah Thompson
That is a good point yes.
Just for the sake of rebuttle the masses are turning to tech now more than ever in this current way of living and as the younger generations take over while the boomers age out it will only continue growing with us.
Levi Flores
based, buy some AAPL tomorrow then
Easton Hernandez
Checked. Zoom is a great example of crazily overvalued companies, yet it is not the worst culprit. They are the dozens of similarly bloated and overpriced organizations which have been pumped up by MMs and brain dead retail ETF investors.
It’s nothing, I told you in the previous thread. Or are you a false flag faux bobeaux?
Luke Morgan
Ever since I saw Beijing’s airport, I learned first hand how embarrassing and shameful China is. The CCP has such low intelligence that they can’t even handle air travel properly. China is a weak country controlled by an incompetent government. And what does that say about Chinese people? They must be even weaker and less intelligent than their CCP masters. China and the Chinese people are the equivalent of a poor, homeless, jobless, drug addicted bum. China and the Chinese people are so utterly worthless and poor that they can’t even feed themselves, and often starve to death. Chinese dogs have more value than Chinese people and the CCP combined. I am so happy that many Chinese people have died of this virus. I only hope that the CCP continues to slaughter more of their own citizens, because more Chinese death is a positive outcome for everyone.
Justin Jenkins
Yes. They are loaded with cash and they are a safe place to store money for ten years that pays better than the yield on T-bills but also comes with a near guarantee of future growth. Or at least a damn good chance.
I’m a fucking idiot for not buying when the game became clear.
I WAS but I’m blowing it, every day I’ve been nibbling more and more!
I hate you, but I’m going to steal your image anyway
Jose Sullivan
MSFT, AAPL, AMD/INTEL/NVIDIA, Cloud storage, AMZN, sure But literally anything tech is getting this enormous tailwind for just being tech. The biggest offender, for example, being More long term. What is the point of owning a stock like AMZN when they are both too big to be purchased by anyone else but still have such garbage margins that they can never pay a dividend. What is the point in owning that? The thing about tech is that they aren't really that profitable, despite their scaling. Facebook's major source of revenue (90+%) is still advertising. Netflix can only get subscription fees while they get challenged for bandwidth from ISPs and from content from Amazon, Disney, whoever.
you really think AAPL sales wont be affected at all by a recession? what about the $1000 computer stands? or the various sorts of headphones? iPhone sales will always be strong, but AAPL isn't just a company that sells iPhones. and for that matter, i think iPhone sales would dip a bit. people will be new ones less often. more people will be driven to cheaper competitors. brand loyalty only goes so far when you're unemployed
Luis Rogers
WTF! That's my gf AND my cat AND my toothpaste. Bitch has been cam whoring in my apartment without telling me.
Michael Sanchez
I’m betting against Apple. 20 month outlook appears bleak
a few like netflix and amazon might be okay, but apple is at ATH when 90% of their revenue comes from selling luxury goods. nobody is going to afford the new iphone when they've been out of work for months. tech literally had a V shaped recovery and now they're in a landscape with massively decreased demand and consumer confidence.
The biggest threat is the lack of offices buying up apple shit more than anything. The credit bubble has to pop before consumer iphones drop that hard, in which case everything will already have been fucked anyways.
Owning a share still has value as if you have enough shares you can get on the board and actually get shareholder money. Basically leveraging against people being on the board.
Blake Kelly
i dont understand the duck
Easton Sanchez
I was kind of proud of it lel
Dominic Jones
every time i play silver i get fucked.
Austin Clark
Stock market is about perception. Apple will never stop gaining because trendiest dint know shit
Camden Powell
futures 1m chart looking based, back to -.70%
Kayden Ramirez
I think I spy a wave 3 extension of wave 3 extension of (possibly wave 3 extension). Mumu may be getting his face ripped off soon.
>Owning a share still has value as if you have enough shares you can get on the board and actually get shareholder money. Basically leveraging against people being on the board. I don't know Amazon's specific bylaws but you start becoming someone you can't ignore if you are 20+% shareholder. You'd have to have 240 billion dollars just to get in there. And why would you bother to do that if you had that much money? You'd have to own your own amazon.
Henry Sanders
I am seeing that too. Another big rejection of 295