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Off-Topic Stock Market & Crypto Discussion

Mnhurricane said:
Allowing people with that level of stupidity (him not you) to have equal voice in our country is literally dangerous. We are so undereducated as a country it’s scary
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Undereducated? Because you were around for the last pandemic?

Do you know why we segment networks on today’s world? It’s for security. So you don’t bring down the whole system when a virus hits. Pretty simple sheit. I bet youre a globalist soy boy who wonders why we have more infections that CHY-NAH.
 
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CFLCane said:
I bought some BTC in April 2017 when it was like 1600$. I bought 200$ just to play with after my friends constant nagging. Immediately transferred it to bittrex and started trading altcoins. By December 2017 i had only deposited another 750$ and turned a total of 950$ into 65k. My buddy who had started a few months before me turned 250$ into 180k. What a ride lol. And no i didn't get off the ride at peak fun lol.
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That is pretty bad *** but we’re still feuding so I retract this statement.
 
Mnhurricane said:
Allowing people with that level of stupidity (him not you) to have equal voice in our country is literally dangerous. We are so undereducated as a country it’s scary
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Why is he stupid?

What "undereducation" concerns you?

Just curious.
 
CFLCane said:
A. The first drop was fear and then fueled by long squeezes. The second drop will be fundamentals. The fundamentals while obviously ****** to literally anyone with eyes or ears haven't had a full quarter to materialize. Companies have suspended future guidance to avoid having to show their hand. The FED won't be able to print money for eternity. Then we'll have to fight through a commercial real estate recession, municipal bankruptcies, and a MOUNTAIN of new added health care debt/reform. Oh ya and likely close to 30 trillion federal debt.

B.

What i'm buying now
China tech etf
China consumer etf
Steel (via Nucor)
Gold, lots of it. Since march 2019 and likely for the next 1-2 years.
Silver
Platinum
Rare Earth
Metal Streamers (mining royalty companies, mainly precious)
Barrick, Newmont, Wheaton (larger precious metal mining firms)

What i will be buying after the fundamentals dip
Copper
Semiconductors, ALL of them. But especially Nvidia, AMD, Intel, Qcom, Bcom, Lam, Skyworks, Taiwan Semi.
Robotics ETF. I haven't done my sector research here for individuals.
Biotech
Aerospace defense MFG's
The streamers. Netflix, Disney etc.
Citibank, BOA, JP Morgan

Also no better time to take advantage of vehicles at 0% 84months and a house refinance or real estate purchase.

This picture pretty much sums up market sentiment imo.

View attachment 116513
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LOL

Beware of people that think they have it all figured out
 
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kgranger17 said:
People are dying and that sucks. It's a bad flu season, right? 60,000 deaths per year from the flu, and we have under 80,000 deaths right now? What am I missing dude?

I just gotta..


Sheep.
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Well I can't think of a flu season that caused the deaths of 76,000 people in this country IN 3 MONTHS. Maybe I am wrong, but go ahead a research that for me and let me know.
 
Andrew said:
I think most people that are getting advice on a message board are passive.
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You’re probably right there. And I’m not about to give advice, because I’m the most unorthodox investor you’ve ever heard of if you see what I do. But it works for me.
 
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BS85 said:
My coworker who I trust and looks at this stuff all the time mentioned this exact thing so I was going to ask. I need to finally read up on this so I understand it better.
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Digital currencies are super volatile and dangerous. That said, if you got a couple grand of Vegas money lying around..., but be prepared for a roller coaster ride.
 
Canes1968 said:
LOL...this guy always acting like he’s a guru. The answer is simple. When the Fed’s printers are running round the clock, that’s money has got to go somewhere. That’s why it’s not tanking. Anyone who is shorting the market right now is ******* retarded, because the Fed is ordering more printers.
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Exactly. During Obama years the Fed was printing money like crazy and that helped keep rates low and prop up the stock market. Same thing here, as the Fed said they most likely won't raise rates till at least 2023.
 
Andrew said:
All that matters is it works. It doesn't have to make sense for you to make money. Do you trade options?
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I have. I've used put options to limit downside risks on large purchases. Of course, that cuts into an assumed gain.

For the last few years I’ve gone full crazy rogue mode, and played like a crazy person in a casino with no hedging. And it’s worked for me. That’s what I mean by unorthodox. I don’t know anybody that does what I do. It’s textbook what not to do.

The one plus, is it also allows me great flexibility - I can jump in and out real quickly.

I just don’t want to sound like one of these people that post on here like they are captains and titans of industry, which I’m not. I’m just fortunate enough to be able to play with large amounts of capital, so I can make big gains if I play right. And let’s be honest, the last few years, who could’ve gone wrong making a big bets on Apple, or Tesla, lately on Amazon. (Even though they dropped 7% in one day after the last earnings call).

But me giving advice (not that anybody here is asking me, or would want my advice) would be the worst possible thing I could do. I have relatives that constantly ask me to invest money for them and I say no because I can take risk with my money but I just am not comfortable enough to take risk with other peoples money.
 
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South Side Chi Cane said:
Well I can't think of a flu season that caused the deaths of 76,000 people in this country IN 3 MONTHS. Maybe I am wrong, but go ahead a research that for me and let me know.
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So Florida has a million more people than New York. Florida also has 18,000 less deaths from Covid.

Data integrity has been lost so reporting on this means jack and sh*t, and jack left town.

Florida, the beach goers, the retirement homes...How can this be? If you asked me,I’d say it’s because there is an incentive to classify a dying person with a pre-existing condition with Covid. Is there good enough data to tell us how many people have died strictly from the flu this year? Overall mortality numbers are up, but not enough to shut life down?
 
When the stock drastically dropped I initially bought an additional 300 shares of Royal Caribbean (II already had 100 shares which I keep as you get VIP treatment if you have 100 or more shares). Within a month, for whatever reason - probably because a lot of other people had bought this stock, it went way up and I immediately sold. Took that money plus gains and put it all into Disney stock which had greatly decreased and I plan to hang onto this.
 
It appears that the market is irrational, but the fed has essentially backstopped it. It's a good environment to be careful in my opinion.
 
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kgranger17 said:
People are dying and that sucks. It's a bad flu season, right? 60,000 deaths per year from the flu, and we have under 80,000 deaths right now? What am I missing dude?

I just gotta..


Sheep.
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You're missing basic logic and middle school math.

We have under 80,000 deaths and the first infection was three months ago. Deaths are growing at an exponential rate. 60K deaths PER YEAR from the flu. So let's say 80K deaths in three months, which is 25% of the year... that's 320K deaths, NOT factoring in exponential growth.

If you're not prepared to have an informed opinion, keep your uninformed opinion to yourself.
 
Empirical Cane said:
Just buy Ray Dalio's all weather portfolio and sleep well for next 20 years.

If you are looking to make a quick buck, you won't.

Remember, long term W Buffet foot stomped all hedge funds brave (and proved to be foolish) enough to take his bet.

Dollar cost average buying indexes and rest easy.
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Comparisons to hedge funds should be taken lightly. Hedge fund indices (eg, HFRI) often factor in failures (which the vast majority of hedge funds do), therefore skewing the average return markedly down.
 
D.L.I.N.K.D.A.GR8 said:
Cryptocurrency digital assets

Bitcoin halving coming may 12th

Huge bull run coming soon

Buy ****load of coins mainly on coinbase (mainly xrp xlm link eth zrx atom xtz )

Go to crypto.com buy a ****load of cardano vechain enjin icon mana bnb

Other coins would be hbar ziliqua nem tron waves lisk binance.us have those on the exchanges good luck gentlemen
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Definitely not this.
 
Baycountycane said:
I’m not they experience in buying stocks. However I have been investing in Mutual funds for years. Lately I have been buying stocks. I just researched companies to look at their financial stability, if that company was around when I was a kid and if I see them being around for my kids. There are a lot of companies deeply discounted, pick your choice, I especially looked for companies affected by corona virus. I have a long term view. I bought airlines, Boeing, Disney, Starbucks, cruiselines, discover, etf DFEN, Inhave my eyes on more too. I will only buy individual stocks in times like we are in now at their low point. My wife mother bought carnival cruise at 55 a stock I bought at 9. She very upset. People think March lows will hit again but I don’t think so. The only way it hits March lows is if we get a 2nd wave of corona and Deaths double . If we have a 2nd wave we still may not hit March lows. That’s my opinion
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This is an extremely rational approach if you are a long-term investor who is not well-versed in trading, financial analysis or capital markets.
 
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