nice.

i'm buying in small increments. it was around 2k buys each time.

Its very rare to be checking 200MA on the weekly chart........

As you can see only during stock market crashes has the 200MA been lost.

We are here right now basically on the edge.


look at dates below





here is atm

In for useless screeching from guy with -90% ytd port.

fraudticle mad

while you're crying like little bitch being down 200K on your shiit portfolio I flipped tesla calls for nice profit in span of 30 minutes

Spoiler!guy is seething

feels good to live rent free in his head.

Really good explain it like 5 year old that situation that played out in UK via pension fund margin call.

Who knew you can take safe pension funds and turn it into risky leveraged vehicle.

Makes you really realize if there is money to made finance kunts will find way to squeeze juice out of anything to last drop without any regard of risk on overall market.

Nah, no that bad lmfao
Lmfao. Made more than that in commission between yesterday and today. Nice try tho

No proof no care.

Thanks for playing fraudticle.

I get paid out on the 15th. I also don't give a chit what you think lol.

Oh you care what others think.

That's why I live rent free in your head.

You're always creating validation threads on main misc.


Brb my boss sent me "good job text for being amazing salesman" let me run to misc to post dear diary.

Brb I drive poverty model 3


also.

this you?

Spoiler!

Why we going down today ?

Finished off SeptemBEAR off with a 0 DTE, sold for 200% to early, now worth 500%. Don’t think a month will ever be as easy as this one was. Next 2 months could be rough. Already fairly low on all technicals and you have unpredictable earnings coming up. Likely would be that earnings would dump most companies like Nike just did but who knows.

I just know we had 1-2 companies that are the same sofi ain’t doin no favors lol

@Tug these days it doesn’t matter how companies are doing. All that matters is sentiment and who is buying and who is selling. If index buyers stop buying/start selling everything goes down especially companies that the index is heavy on. If certain major shareholders decide they don’t wanna ride out the storm in equities then they go down. Imo just keep indexing monthly and only try to time a low once a month.

is friday so I am adding - at this point u gotta keep adding cheap shares

can it go lower? Yes but timing the market is impossible...

but my accounts look rough right now

Good read. For the "this is nothing like 2008" crew, this is just another example of how aggressive leverage collateralized with frothy assets, where an assumption that the secured assets will continue to appreciate to the moon is the main thing propping up the transactions, can cause unpredictable bad consequences.

I buy every Friday as well.

My timing has been great overall, but just by luck. My biggest buy-in was March 2020 during the pandemic crash. Then I started building back up my savings again and was ready to start dumping in again this past late-May. Again, just by chance I was ready after a 6 month draw-down from ATHs.

But from now on, it's buy every Friday no matter what. If an event happens that causes another quick crash, My next chunk is on the sidelines ready to go.

Why can't we just get along?

Rodney King approved of this message by the way.

Fuark brah, I can really relate to Rodney King lately given the brutal beating my portfolio has been taking.

This is Biden's America. The economy is going to collapse and people voted for this. Carboncuck is all about Biden and deserves to lose EVERYTHING. We will not see 30k again ever.

good lord.

maybe its time to go get professional help.

you're clearly someone that is living on the edge of insanity.


maybe this is fraudticle alt troll account for lolz but if not.

yikes.

post history is scary.

Don't worry about it Fraudticle talks big and when challenged he gets super emotional.

Which is probably why he has Samuels in his sig.

I don't give two shiits what he says, that will just make me clown him more with option gains.






edit:

on srs note since these two are trying to derail the thread.

will just put them on ignore.

this is just beyond silly.

if they keep doing this shiit, will just get mods to deal with this nonsense.

Oh hey guyz, hope you're PLTR and SoFi trades are going well. LMAO.

In for ten years from now.

Fact is we are looking at the debt repayment portion of economic cycles. As in a recession is coming in.

I'll slowly chunk cash into blue chips with high divs and low p/e ratios. MMM, WFC, CAT, MSFT, FDX, etc.

Sitting on roughly $40k of dry powder that I'll drip $500 a month at a time in, unless we see the BIG dip. Looks to be more likely a mid 2023 thing.

Hold strong PLTR amigos, the payday was always a two decade+ long retirement portfolio thing. Anyone buying at $9 around the initial can't be complaining at $8.2 in today's market.

I smell blood in the water in 2023, so build up that powder keg while making responsible and slow moves. Options are not the time ATM.

Might be a flat market until 2030, but who can complain about a 5-7% div yield on a blue chip when inflation calms down.

Hope you boyos own property already.

I'm a buyer of FDX at $115 and WFC at $30.

You have been a fraud since I joined. You will never see the truth til it hurts your bottom line which it will. I speak truth.. you know it.. and I know it. $50 bet Dow never hits 30k again ever? USD will fail before it ever does. And you want this.

Lolololol saw a piece today that PLTR invested $400m in various SPAC companies that went public. They realized close to $10m in losses Q1 and 2. But they are sitting on like $280m in unrealized losses on the rest… LOL

Curious your thoughts on the bolded. The cost of property appears to be going down and maybe has a ways to go.

Waiting until after earnings could be really good or really not as good

idk brah I think you are missing that it could really be "meh" and trade sideways.

tesla bot is something.........


legit one one of the most pathetic efforts in long time.

vs this

Dear diary...


I can feel the gains coming soon boyos, of course I can also see the possibility of the market crashing a bit further down (15-20% ish more), but I'm leaning moreso towards some srs gainzz..

Had around 1.9 million ish a year ago, and obviously now I'm down to 830k, I've even dumped another 200k into the market since last year but most stonks only go down now :*(.




I recently YOLO'd HEAVY AF into options ayyyy lmao. You only YOLO once boyos.




Also on Friday just bought another 59k in options 29.5/29.5 in robinhood account for leap 2024/2025 calls on even more SOXL and TQQQ

Was actually just basically retired when I had the 1.8/1.9 mill in Nov ish last year and was easily living off of the easy monies I was making on covered calls / selling puts, it was probably around like 2k a week for super out of the money covered calls and sellings puts, and than obvs **** hit the fan, now I'm back to work again just doing ****ty security work for easy $17 hr until this **** gets back to normal, lmao, reinvesting into the market as much as I can but obvs my paychecks are poverty AF. I'd go back into sales and make 100K plus again, but I don't feel like putting in that much effort tbh, just want something nice and laid back.


Sooo my thesis....A gigantic amount of people are sick and tired of this administration, sure there's the nuthuggers that will make any and every excuse for this administration but there's way more people that are going to be less motivated to vote for another team blue member.

Blue team CANNOT go out looking this bad, they KNOW they look terrible right now, they KNOW their private donors and fundraisers are not happy with everything going on right now and team blue obviously needs their money and as much support as possible to keep as many thrones as possible, they will do their absolute best to pump up the economy in everyway possible even if it's just for a couple months near election, and than they can rip the band aid / let the **** break apart all they want as long as they fix it again before the next next election.

They will always make sure the timing is right though and pump the **** out of this market soon, just watch, no way blue team would get reelected if elections happened right now.

Cheers boyos, hopefully this ****ty red tide turns green soon.

Sure, so as we continue to see interest rate hikes we'll continue to see more weakness in housing pricing. Specific markets will see dramatic mark downs (the old "hot" markets). This is great for people sitting on $millions in cash, which isn't most of us.

The cost of a home to most buyers is the mortgage. These have increased dramatically. For example, in January I bought a new multi-unit at 2.99% 30 year. That same property if I were buy today would have a mortgage payment that is 30-40% higher. Multi-units move differently than the SFH market. SFH was very hot the past year or so up until the past recent months. Multi-unit was increasing but at a much slower rate. They'll also decline at a slower rate. For me, my multi-units are cash flow positive, so I care much more about the paydown on the mortgage and the cash flow yield as well as the tax deductions than I care about the value of the house. I do care about the mortgage payment at closing and going forward relative to rent - vacancy - repairs, etc.

The housing market is likely to be substantially different from market to market. My best guess is that there will be a continuing readjustment period in most markets (imagine if you listed a home with expectations that it would sell at what it was valued at 3 months ago, people have an emotional attachment to their personal occupied SFH, they don't pay attention largely to interest rates, they think what they're realtor is telling them is just noise, but they will readjust expectations as their hope is replaced by despair the longer their home is on the market. This period will continue to take months.) After this readjustment period takes place as homesellers eat their humble pie and realize they will not get the same prices of 6 months ago, the market in many areas such as say the suburbs of the midwest will likely be flat. But the aforementioned "hot" markets of 6 months ago and the year prior will drop off significantly.

Generally speaking, if someone is a SFH and either bought or refinanced in the high 2's to mid 3's, my recommendation would be to hold still unless you need to move because of work, etc.

Rental properties are an entirely different game, as mentioned, it's the mortgage/principal paydown, cash flow yeild, and tax advantages that matter much more than the actual valuation of the property. In fact the entire valuation of a rental is much different than what the market will purchase the property for at a cash value.

Here are current price points I'm interested in over the next 18 months:

PFE $35
JPM $90
K $55
UN $35
INTC $20
WFC $25

Keep in mind the remainder of my portfolio is very speculative with growth and no yield in mind. PLTR, SOFI.

My general take is that under normal circumstances that the market is near fair value. However, we are entering into a multi-year painful period with all risks to the downside other than the underlying basic economic technological and productivity growth.

Basic reminder of market fundamentals:https://www.youtube.com/watch?v=_hf5tCnJye0They went in on those for the tech, and leveraging/sharing/learning on, rather than a financial investment. Something can be a financial loss, but an informational gain. You don't understand the 10+ year plan of PLTR if you're concerned with this, and they have a blank check from Thiel.