These old guys really want to the market to crash, they hate the innovation that has been a game changer. I get that they are going to be right at the end of the day, but they sound like washed up pieces of shit telling people to close their eyes to the fact that the markets are going to have to adjust to randos buying penny stocks.
Yeah man, predict the market but predict as it is not as you think it should remain.
If your holding longer this dip is a gift. Bag more for the even fatter payoff later.
Christopher Miller
Stock market at record high, check Trump bragging about the stock market, check Upcoming fed meeting where everyone expects nothing short of absolute commitment to unlimited money printing, check "New paradigm" sentiment, check
This is the reversal, cash gang or hedge at least.
Caleb Clark
too late already sold everything 5% down. my wife would divorce me if i lose any more
Camden Hill
been long from march 22, its going to take more than a market correction to make me sweat
Daniel Hernandez
>all blue chip long positions at 30%+ gain >still stressing the fuck out Please teach me how to feel comfy
>they hate the innovation that has been a game changer what innovation? additional speculator risk? this stuff is documented pre $0 commissions. Studies have found that the risk is something retarded like up to 50%
Angel Murphy
Nice, I bought a small position around then and said fuck it and went bigger in early April. Up around the same on most of my stuff at this point. You got nothing to worry about really. Even if they push the 2nd wave meme Trump will just blame it on the rioting and the economy will keep rolling is my guess. I don't even care if things correct again, I'll just add to my existing holds.
Ayden Harris
Careful in the market this week guys. My dad knows a big-wig at Goldman Sachs and he recently told my dad: >The economy is perched on the tip of the bulls pecker, and sooner or later it's going to spurt into the dirt Trade safely my friends.
well my dad works for nintendo and says he can beat up your dad
Ryder White
my dad could kick your dads ass
Brayden Nguyen
I'm a fucking leaf. I went long on BNS at $52, TRP at $54 and BCE at $52. Happy with these. I also got ZEO at $21 and dumped it at $30 recently. I was gonna buy AC but seems like they are going to be slow for a while and have to take on more debt for all this virus shit. Probably still gonna be fine in the long term though.
Bentley Price
The elder boomer has spoken
Kayden Jackson
there is no patron saint of bankers or unemplyed people you fucking kike
Yes the bear market I have been patiently eating for For all you retards the economy hasn’t fully opened yet and you buy stocks when they are at ath when the economy was good
>what innovation? additional speculator risk? this stuff is documented pre $0 commissions. Studies have found that the risk is something retarded like up to 50%
Yeah and they are still doing it, so it's still a game changer. I never said it was beneficial. These are guys that see people get crushed by market glitches all the time and laugh about it. They can fuck off if they have finally encountered a glitch that fucks up their lives too. It explains why they suck at their job.
Ryder Morgan
>/smg/ That's an LMG retard
Isaac Harris
>Sooner or later That's so specific his wig must be huge!
Kek, DIS just got its price target jacked. I'll be green for life now. Now when they reinstate that divvy things will be really rolling.
Michael Brooks
strange with this 300 point correction im still not seeing any good deals
Ethan Murphy
I had it once and sold it already. I just didn't feel as comfy with it as I do a bank and TRP. They cut the div and overall earnings are going to be a bit rough for a while. On the other hand the banks aren't as bad as people thought and TRP got Keystone rolling which was really positive news underneath all the negative shit going on.
Justin Rogers
>patiently waited for macroeconomic trends to reverse so i can buy back in >tfw missed the biggest dip of a lifetime >currently holding a bunch of micro cap meme stocks
what sectors are currently hot atm? preferably one that hasnt pumped hard yet
>The economy is perched on the tip of the bulls pecker, and sooner or later it's going to spurt into the dirt I trust this because a finance faggot would definitely come up with that kind of phrasing. My uncle is top brass at a huge insurance carrier pretty much yelled at my mom to pull my grandfather's 401(k) into bonds and cash. she has the power of attorney because he can be pretty busy. Prices could keep trending up, but the risk you're assuming is yuge. big league.
>I never said it was beneficial. I never took a stance on its effect. All I said was that the result is just added speculation risk. We'll have to watch pennyshit today like Cramer said. Who knows what's driving the action here. I'm hard pressed to believe it's anything but poorly maintenanced algos that start applying upward pressure after/as robinkiddies trickle in. I think the real frustration is watching the uneducated accepting risks that they really shouldn't be. see above. we're playing a very dangerous game. Not that the underlying hasn't been playing almost the same exact thing with leverage. equities and yeilds are all kinds of fucked. Bonds are a good safe space it seems. but they're might still smacked from the rating bubble anyway.