Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

could mean a number of things, but I would guess they need the cash to keep running. Probably a lot less people are using K cups since they are a giant waste of money and corporate america are the only ones that use them. I would be willing to bet that with the huge shift in people working from home, many folks are back to making traditional coffee in a drip coffee maker (that's what I'm doing and the coffee is much better). Not sure why they would put them into their own shares though, so that's my best guess.

 

Soooo... 10% pullback to sma50 or deep drop below?

 

Down down down

 

Any of these on-line stock tip sites worth subscribing to?

 

I don't think so. If anyone had good ideas of what was going to happen, they wouldn't be sharing them. As soon as everyone knows, it no longer works. They are very smart if they can make money selling tips though.

 

I always liked this image. If we're around the complacency phase, look out.

 

Probably early morning swings and then late day sell off. So, a Friday.

Tacomaworld.

the thing is even if you have a golden goose for the market, you aren’t going to release it because then everyone will use that and ruin it. So these stock advice gurus are all snake oil, since they’re selling something they aren’t doing on their own. Plus I can’t remember who links it all the time, but mad money guy Cramer’s fund has historically underperformed the basic index funds mirroring the S&P so. If your goal is long term, VTI and similar are your friends. If your goal is short term Monopoly money, screw it oil, maybe cruise lines?

also @Boyk1182 is the king of dividend earners as far as I’m concerned. His strategy is to build a portfolio of dividends to sustain without touching the principal gains.

I think we’re closer to depression. UNLESS we do another sweeping round of closing China and the states. Which I doubt will happen, we might sustain our current restrictions for longer or maybe back pedal a little bit here and there if things tick up, but I don’t foresee us going back to shut down. People are sick of it, and learning the virus is not as bad as we once thought it was. Plus all these “more cases” things aren’t accounting for “more testing”. I’d love to see a metric of positive cases per capita of tests conducted. When you had 23 positive cases for 100 tests, that’s a lot. Now we’re seeing oh boy 100 cases but if there’s 10,000 tests that’s only 1%.

also if we’re mirroring chinas reporting method it’s flawed to begin with. A positive asymptomatic test is counted as negative. So that’s also driving up the scary numbers.

 

My wife would be impressed......she moves it around during the day.

 

I appreciate it, that’s what I do!

I am up over 20% on ABBV, 50% on AAPL, 30% on GIS, 20% on TROW, 50% on TGT. And also down over 20% on MO, 30% on XOM, 15% on IRM, 20% on NUE, 20% on PFE. Those are just some extreme examples. I won’t sell the winners or the losers, unless they cut dividends. I get paid every month to own these. It’s definitely a different strategy, but over a long time period, with reinvesting dividends, it should work out ok. It’s also a shield from extreme market declines. I think I was down about $52k in March, but it didn’t even matter, I just bought more!

 

I had to quote myself because I cannot believe what I just read...
https://finance.yahoo.com/news/bankrupt-car-rental-firm-hertz-122109301.html

 

So...

If they've got ~$3B available to buy shares with, tell me again why they declared bankruptcy?

 

Probably to restructure debt, aka get out of paying what they owe.

 

Yep - my question was more a rhetorical - but if one were to answer, it would be "shenanigans"

 

Good chart.

There is a wild card in this, I was watching a Vlog with a wall street trader who was saying he thinks there is a lot of gamblers in the market right now. With pretty much all betting and gambling shut down and people working from home, they are getting their gambling fix in the market. Interesting theory and had me thinking and it kind if makes sense why things were shooting up while the SHTF in the streets. Either way it will be a wild summer. I'm banking on the market getting CHEAP in the fall.

 

Yea I have no idea why I answered that.

 

*shrug* I get it. I like to answer rhetorical questions too. Stirs things up.

 

Mine was a rhetorical answer (if those exist?) so I could drive home the point of shady business practices.

 

I've been thinking this as well. I've been watching the thread off and on since it was started, and i can't recall a time where people in this thread were playing with the market more.

When I started monitoring, I like to think most here were very conservative and steady investors. I think the opposite is going on now.

 

I'm trying to find the article, but it dived into how big of a shit show of debt and accounting fuckery it was pre COVID. Basically it was a turd in the toilet with someones hand on the handle and covid just pushed that hand. They had a few leasing companies that they would sell their rental fleet to and lease it back and was using debt to run the company while using profits to buy back stock. Ridesharing was kicking their ass as well. They also had a shit corporate culture.

 

So... Blackberry when iPhone came out...