Stock market

[Incogneeto]

Dan bait. 

Stock market...

Cleveland Browns...

Cleveland Indians...


Cubs...

[Dan_AKA_ROY23]

(I need to be in here more, you guys are my brothers...yes, and Smit, too)

Trump's big speech tonight..White House promising it will be "must see TV".

Markets hate uncertainty. Consumer and company confidence surveys very pessimistic right now. That has my attention.

Its looking like volatility is here to stay for quite a while. Every time Trumps talks, its a potential market rally or meltdown. (In that respect, I miss Biden. Biden would have maybe one short press conference a year - if that. Stock markets LOVED that).

We're slightly more than halfway to a correction. A 6% drop about. Markets are still at stretched valuations. Mag 7 stocks getting punished. High flying momentum stocks like quantum computing and industrial space stocks got slaughtered, losing well over half their value...in like about a week! Concerning CAPEX expenses for AI one primary factor why the hyperscalers like Amazon, Alphabet, and Microsoft have shaved off 20% of their value (in addition to they ran up a bit too high too fast).

One day buying the dip won't work. Many will be in for a big surprise. Hopefully not this time. It mostly hinges on one man...

I raised sufficient cash levels and trimmed back on mag 7 and similar stocks. I rode the wave, enjoyed the ride. That was one month ago, when I took action. Why? (I believed Trump was serious about tariffs)

So yes, I was feeling bearish. We're due for a nice correction and it should be healthy. Stocks need to be refreshed, and that happens when their stock price goes down to more sustainable levels.

I'm still 65% in stocks. A handful have been having strong green days when the market went down hard. BUD. PEP. MRK. NOC. HII. CNC. All green while the markets sold off. So, there's good places to put your money in. Last year's winners may not be this year's winners. AMZN MSFT GOOG have gone down hard, over 20% (which only requires a 25% recovery to get back to even so...still noise). Although I trimmed some AMZN after the Canadians vowed to boycott them. Probably will buy back in more in time, already have a limit order for GOOG.

[Rstewart]

I'm Buying the Dip Baby! 

Yeah, my 401k is pretty shitty the past two or three weeks.  I'm young enough to ride the waves for a while.

[mkd]

I'm Buying the Dip Baby! 

Yeah, my 401k is pretty shitty the past two or three weeks.  I'm young enough to ride the waves for a while.

Who's lost the most of past couple weeks?
It'll be an inverse competition 😁

[neurosis]

Should have invested in Crypto?

[Dan_AKA_ROY23]

A handful have been having strong green days when the market went down hard. BUD. PEP. MRK. NOC. HII. CNC. All green while the markets sold off.

And all in the green today. Meanwhile, the stock market is on the verge of a correction (NASDAQ already officially in correction).

I mentioned these a month ago to my boss. He "loaded up" on Tesla and Nvidia, instead. A painful lesson..

[Smit]

I hope the "correction" doesn't go much farther than that! 

[Del.]

I hope the "correction" doesn't go much farther than that! 

Correction means you lost a shitload of money today.

[Dan_AKA_ROY23]

I hope the "correction" doesn't go much farther than that! 

Yep. Sucks for sure. No one can see the future. Is this a buying opportunity or a GTFO moment?

Trump in the headlines every single day and investors are getting spooked.

Tomorrow's job report will potentially be a major market mover as recession fears are stronger now than inflation fears. Could be up or down big. (anyone's guess)

[mkd]

And all in the green today. Meanwhile, the stock market is on the verge of a correction (NASDAQ already officially in correction).

I mentioned these a month ago to my boss. He "loaded up" on Tesla and Nvidia, instead. A painful lesson..

QQQ is down 7.8% in the past month

SCHD is up 1% in the past month. It only went down 5% in 2022. This is my bond alternative, because bonds suck

[Dan_AKA_ROY23]

because bonds suck

Sometimes they sucks. Sometimes they don't. Bonds have broken their correlation with stocks and atre moving in the opposite direction right now. Will that trend continue?

[CNCAppsJames]

People need to pay attention to the Pelosi and Crenshaw indexes. You may not always win but the odds are in your favor. 

[mkd]

Market turning is into a bloodbath?

[mkd]

Sometimes they sucks. Sometimes they don't. Bonds have broken their correlation with stocks and atre moving in the opposite direction right now. Will that trend continue?

NASDAQ is down 4% ATM while SCHD is up 1.xx % and BND is up 0.5%✅, yes sir uncorrelated.

[gcode]

market is going down like a groupie at a Stones concert