OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[biggie62]

Like Johnny said earlier. I would expect the stock market to go sideways for a while until we have a catalyst that moves it. Right there the uncertainty of the covid outbreak in India is high may spread to other developing and poorer nations plus the risk of inflation has many people scared. Stack up your cash, invest in undervalued stocks or mutual funds or whatever is your fancy (I personally don’t touch cryptos). After the hot early 2021 and the recovery in 2020, we could realistically not grow another 1% for the rest of 2021 and we would still outperform the average return of the S&P.

 

[atransta]

This **** is rigged

RH halting PRPO

 

[206to813]

sheet my portfolio would love to be trading sideways lol

 

[B Sox]

Might make some small adds to PINS and PTON while they are where they're at, but probably going to focus a bit more on crypto for the time being.

 

[sole searchin]

More PINS?

or we see this bleeding a bit more? Long term, how’s the correlation with the stock market vs Cryto?

 

[ballinsam23]

Family members making more on crypto in 1 month than us in the last 5 months. Happy for them, but this is stupid. Literally no logical explanation.

 

[broncos19dm]

Just keeps getting uglier

As someone who did 90% of their investment from the beginning of the year onwards... this is rough. In it for the long haul ofc but doesn't takeaway from it all the way

 

[atransta]

thinking about getting some SQ at this price

 

[ballinsam23]

Must be two lost years because unless u got in at the perfect time, most of last years gains could be wiped too.

 

[southernhospita]

Getting destroyed on calls might just take my loss call it a day and come back tomorrow
Upside isnt even trying like at all

 

[cs02132]

Trying to cash out my robinhood but not all of my funds are available. Sold some on Friday and those are available then the rest yesterday morning so I thought it would have settled by now
Anyone know why it could be like that?
might need to just be patient?

 

[s0lefunk]

Trying to cash out my robinhood but not all of my funds are available. Sold some on Friday and those are available then the rest yesterday morning so I thought it would have settled by now
Anyone know why it could be like that?
might need to just be patient?

The funds from yesterday’s sale probably haven’t settled yet. Its the trade date + 2 days to settle. Atleast thats the case on TD Ameritrade.

 

[johnnyredstorm]

I had a 24% position in roku, took some profits to make it 17%. Added more twlo to a 5.7% and bought fb at a 5% allocation. All done. Will ignore things.

filled an options trade in pins. Jan 2023 85-105 call spread selling the 45-40 put spread for 1.55. Can probably get it for less now.

 

[southernhospita]

After loosing all my gains from last week it came back up for at least one good trade with gains locked in still in the red with cash on the side though

 

[Otaku]

Just keeps getting uglier

As someone who did 90% of their investment from the beginning of the year onwards... this is rough. In it for the long haul ofc but doesn't takeaway from it all the way

Same man. It's like we got in at the worst time.

 

[mplsdunk]

I was about to hit my take profit on a swing now I’m about to get stopped out.

 

[ballinsam23]

If earnings sell off again I’m gonna be forced to lock in losses

 

[hennessy]

Been 90% cash since 4/30. All the stuff I sold down 10-20%. Think we’re going much lower. Up $17k since January in no rush to get back in.

 

[mplsdunk]

I spent 75% of my cash on crypto and a piece of land.

going back to work until thanksgiving to re up. Spent the last 3 months fishing.

 

[216c2a]

Sold a chunk of my tsla position last week. Added more irobot today.
Did anyone buy plby? Up nearly $20 since I mentioned it last month.

 

[turbospartan]

Did anyone buy plby? Up nearly $20 since I mentioned it last month.

prbly not

 

[206to813]

If earnings sell off again I’m gonna be forced to lock in losses

Why

 

[ballinsam23]

Why

I was in the market for a couple of properties this summer, really didn’t want to go into my investments to use cash, but one opened up where I made a solid offer on.

Offer wouldve Been much much better if I didn’t lose so much, but waiting game now.

 

[thekillerj23]

Bleeeeeeding

 

[johnnyredstorm]

Least I’m up on my fb entry. Murdered everywhere else.