Cruise lines are up the day the market shits the bed. Why? Because smart money is rotating out of over-priced tech stocks and into covid stocks in preparation for the end of covid hysteria.
I am an associate at a private equity fund managing over $25 billion.
Ask me anything you want about what I think of the market, economy, politics, etc...
Leo Stewart
If I had $50k to my name, I could make a $10,000 per month net profit business by the end of the year.
Brayden Morales
Down a bit today but that's an element of my strategy and has very minor long term implications and in the majority of cases a better outcome, though this does postpone the start of my box turtle strategy by probably a week. I'm really excited to put it into play. Soon.
I posted last night about being a novice investor and asked how do I reconcile how expensive tech is and I couldnt buy in. So I set up limit orders for a 5-6% pullback and most of those got blown past like nvidia. Didnt go balls in with any but now I've set up another round of limit orders for another 7% pullback. Am I going to make it or should I sit back and watch? Is this just a pre-holiday long overdue risk dump/profit taking?
Being in cash at the top is basically perfectly timing the market, buy whatever you want and float the whole way down
Ryder Martinez
Momentum cuts both ways. Market will keep selling off and retail investors will get margin called, leaving to increased selling velocity and rapid price discovery at lower levels.
Tyler Bell
Yeah it's comfy.
Don't buy tech.
Daniel Butler
Remember this is the mentality of the twitter thots in tesla.
They are on their retirment accounts as well getting ready to cash out if tomorrow is bad as well.
It’s an endless loop the more shit sell the more they keep selling.
Ride it both waves user. I’m riding sqqq down to this level on qqq
It’s a fib extension, a gap that should fill, and prior good support, it’s also the 50 sma area. Should get a good bounce there before bobo 2.0 returns or j pow goes full retard
Twitter thots probably have more disposable cash than your average Russian, and the oligarchs probably invest overseas directly.
Matthew Phillips
Jesus Christ...
Christian Martinez
desu I'd kill for a comfy 60k/year junior finance position
Nathan Clark
KEK
Adrian Martinez
They have a lot of debt to payoff at very high interest rates. I can see them getting taken private by private equity out of bankruptcy or bought by foreign money like the Saudis looking to diversify economy.
Aaron Fisher
SPY crashed to last week levels
I'm financially ruined
Carson Watson
Materially. But all of the top hedge fund guys are too. Everyone knows where this is going though up in Manhattan on the street of walls...
Leo Bailey
KEK
Levi Butler
Huge risks. We have Asian investors asking us if the US government can continue honoring lease obligations. The world is rapidly losing confidence in JewSA.
Jackson Long
Will I keep losing tomorrow? Will this feeling of helplessness and despair fade tomorrow? Will I be able to afford bread for the weekend?
Haven't been here in 3 months since everyone was predicting absolutely the worst but as usual nothing happened. How is the economy doing, seriously? Or should I say the market.
Josiah Evans
I make way more than that...
Jackson Collins
What's your price target to buy back into QQQ, and what else are you looking at as investments? Oil, airlines, financials, etc
Sebastian Anderson
wow remember terrorism? wtf happened to that shit, huh? haven't heard about ISIS in fucking ages dude.
QQQ dropped 30% in march, TQQQ was obviously fine.
Liam Mitchell
Because TQQQ resets on the daily
Zachary Jackson
It doesn’t go to zero it does a reverse split.
They set the price higher but you ha e fewer shares....that can keep going down
That’s my understanding
Hunter Campbell
I like gold miners, particularly KGC and NEM. DHT and EURN are good long term holds. Certain oil and gas midstream is looking juicy like Dorchester and Magellan. Intel is very cheap and so is British Tobacco. Microsoft and Adobe should continue outperforming the market. Buy top tier REIT’s if they dump like WPC and O.
K-on! is peak SoL kino if you haven’t seen it. A Place Further Than the Universe is very good as well.
Josiah Barnes
Stonks only go up (except when they go down).
Jordan Lewis
“New normal” ‘Rona memes
Logan Morgan
I’d start buying QQQ below $220 moderately and below $200 aggressively. Airlines are in a world of hurt, don’t get suckered in. The data is BAD.
Carter Murphy
everyone has the internet in their pocket and are technologically literate
Aaron Campbell
QQQ? 80% chance they are underperforming SPY. Hedge funds are complete scam. If you still want some active managers taking care of your money, buy Berkshire.
Isaiah Cox
Thanks, friend
Daniel Reed
Stay away from penny stocks - buy KGC and EGO is you want highest possible reward that isn’t gambling.
Blake Perez
$GOLD (Warren Buffet approved) $BTG (I’m balls deep and I’m up even on this red day) $AUY (Widely recommended and SMG approved) $EMX (Penny Miner that has potential) $AG $MAG $NEW
