Coin getting smashed big 'ol yikes. But who was price discovery from going direct listing? ayyyy lmao

any misc brah wanna go hit the corner and give some lucky gent a 2 for 1 special?

PLTR is in a downtrend channel, with it going towards the support line at $18.08 now.

CNQ destroying earnings, forecasting 2021 free cash flow at $5.7-6.2billion

Cenovus reporting tomorrow, would be nice if they boosted up their dividend since I have six figures in them but am betting the Husky acquisition etc will put a bit of a damper on it

Either way, damn good numbers

Tech just dropped through the 200 day moving average, a very very key support level.

Also are we all pretending grocery stocks don't do better in an inflationary environment? The higher cost of goods always gets lumped onto the consumer. Just read an article from what must be a buy side Goldman analyst who is trying to push down grocer stocks. From what I recall gas prices going up and inflation both benefit grocery stores immensely as it is the easiest way to push up revenues just by passing along added costs to consumers and once both those cost pressures recede prices usually remain sticky and are slow to drop back down.

Who’s ready for the great bounce of 2021?

Wrong answer.

If you ain't stocking up on Lumber (futures almost touching $1700 )

you're doing it wrong.

Energy has been #1 in periods of high inflation over the last 50 years

FUTS. A shell around .035 that is starting to come out of dark status on OTC markets as they just got current with their filings.

MVNT just did the same with their filings and went up 600% with a 3 x higher OS and float.

Hearing the same entity that took COUV from .005 to $1 is now doing FUTS.

Could be magical.


As always with OTC stocks, or any stocks, do your own DD and make informed decisions.

SPY following yesterday’s pattern exactly. Getting my puts ready for the rug soon

^

optimus back with random penny stocks again.



........


market turning positive again

in before another W today

How?

Just in April alone, the S&P 500 and Nasdaq were both up over 5%. Since the beginning of the year the S&P 500 is up over 11%.

If you would have invested in a low cost index fund tracking the market (e.g. VT or VTI if you have a USA bias) you'd have had significant appreciation in your portfolio's value.

Next time I will listen to my gut lol.



Really only worried about expi because I’m so heavy in it. But long term I have hope. Down 4K in Tesla, but idgaf. I’ll buy more if it goes to $500.


Edit: Nvm. Almost up on Tesla now lmao.

Thoughts on the direction of CTYX (now CUBT)???

what turn lmao

ES 30 point bounce in 10 minutes


SPY QQQ just putting up green bar after green bar.


feels like old days form last year where dip gets bought up



in before fake bounce

wtf at eth classic woulda been up like 50k on it if i didnt sell **** man

[QUOTE=StackingPlates post_id=1637836753]Please don't confuse stock picking with the market as a whole. For the month of April the market appreciated in value by around 3%, or an increase of $1500 had someone hypothetically put in $50,000 near the beginning of the month and invested in a low cost market fund. There tends to be a lot of sensationalism in this thread that I think rubs off on newer folks, the[i]this time its different[/i]vibe.



The individual should have the equivalent of an IPS which defines their general investment guidelines such as risk tolerance. If someone has significant earning years ahead of them then temporary losses in net value should be nothing more than inconsequential noise over a 20-40 year investment window. Furthermore, if the money gets placed in a low cost index fund that tracks the market (e.g. VT/VTI) then it would take an unprecedented event for their investment to lose half of its value in such a short time. As I said in my last post, if someone is truly worried about this type of thing happening then DCA is a perfectly reasonable approach assuming it is automated / scheduled in advance while knowing that, statistically speaking, it is likely to result in an overall higher buy in cost.[/QUOTE][QUOTE=StackingPlates post_id=1637822723]This is pretty poor advice which could cost someone a tidy sum of wealth appreciation should they sit around[i]waiting for the dip[/i]. Did you know that the S&P 500 has spent over a quarter of all trading days within 2% of its all time high?

[img]https://tubofcash.com/wp-content/uploads/2017/07/1x-1.png/img]

A hypothetical thought experiment with three investors who do one of the following:

a) puts their entire allotment of cash as a one-time purchase right at the top of the market before a crash
b) divides their allotment into four equal purchases (buying near the top each time)
c) divides their allotment into four equal purchases (timing the next four crashes perfectly)

Guess who comes out[URL=https://www.personalcapital.com/blog/investing-markets/market-timing-vs-time-in-market/][b][i]ahead[/i][/b][/URL]?

[b]Spoiler![/b][SPOILER]It isn't either of the market timers[/SPOILER]

The point is, time in the market almost always beats trying to time the market. Put the entire amount of money into a low-cost index fund such as VTI if you have a US bias or VT if you do not. If personal psychology does not allow for this then setup an auto-deposit schedule over the course of a few months to take the guess-work and emotion out of the decision. There is a good chance the DCA method will result in a higher overall buy-in costs but it can server to add price protection in the event of a major market correction. How likely that is, nobody knows...[/QUOTE][QUOTE=StackingPlates post_id=1637905993]How?

Just in April alone, the S&P 500 and Nasdaq were both up over 5%. Since the beginning of the year the S&P 500 is up over 11%.

If you would have invested in a low cost index fund tracking the market (e.g. VT or VTI if you have a USA bias) you'd have had significant appreciation in your portfolio's value.[/QUOTE]You sure seem like you know a lot, considering you speak so matter of fact-ly against what other people say (yet I don't recall seeing any plays from you... interesting). Care to share a screen shot of your portfolio performance?

[QUOTE=Harry362 post_id=1637903493]Affirm is under $55 lol

Man I bought my shares and calls when it was $100 thinking that was the dip[/QUOTE]and UWMC is at all time lows. RIP

Looks like rug commenced. Got my $417.5 puts in. Anytime anything comes up that fast if almost always come down fast as well. Only issue that’s making me doubt is the good volume on it.

Lamenting chit like this serves no purpose, disregard missed opportunities and prepare for the next one

IMO grocery stores with pharmacy presence. WMT, KR, Albertsons should be a buy I would presume. Each Covid shot given is $40 and the vaccine itself costs companies nothing since it is given for free from the Fed. Companies are out there bragging about how many vaccines they are administering so you can do the math on what it does to the bottom line. Personnel costs aren't significantly higher either they just add it to their standard workflow. Walmart thinks they are able to do 3 million/week. Kroger was aiming for 1 million/week. that's 120m and 40m respectively added to each company weekly. Shot volume is probably going to fall off a cliff by the end of May, but Q1 results should be good.

Also it is crazy how high wages are moving for retail employees right now because of the unemployment benefits. Every corporation is trying to figure out how high they gotta move their wages to get people to show up. Inflation is going to get insane by the end of the summer IMO.

My portfolio is simply a mix of VT/VTWAX and VTI. So my portfolio performance is the equivalent of market performance (~11-12% up on the year)...

this bounce has virtually no momentum. i dont think these dips are getting bought at all. just short sellers taking a coffee break

I mean he is right. April my 401k is up 3% and YTD is like 7% and it isn't tracking the S&P cuz I'm forced into having bonds n crap cuz my company only gives retirement dated funds as options for investing.

boutta throw 40k into tesla inb4 before i buy the dip and it keeps dipping

Rob parks

Well Kroger has been on a relative tear lately.

So I'm sold.

Would it be best to just trade a 401k account to avoid paying taxes until you withdraw money? brb compounding gains (if you can make them lol)

Also, GME 50DMA is at 167.5 so needs to close above that. Then the next levels become 174.50, 190, then 220. After that there is a gap fill to $330ish.

Yeah, for many years I had my 401 tracking a target date fund as well. Fortunately the plan I'm in allows for VTWAX/VTSAX so I switched over as I have earning years left before I'll feel like I need more bond exposure. I am closing in on therule of 25so once I reach that I'll probably start rebalancing to expose myself to more risk averse assets (e.g. bonds, TIPS, etc).Yes and no. Although you do bypass the taxes on capital gains you also miss out on the ability to file on any capital losses you accrue. So any money you lose is permanent, no way to file the losses.

And now we creepin' green

$413 EOD boyo