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+--- Thread: Stock Market Thread (/showthread.php?tid=7719)
Stock Market Thread - ViPER1313 - 02-05-2018
Until a market downturn. Then people start to go “why is this worth 300 times its earnings.?” Dot Com bubble 2.0 .
Also, WEEEEEE!
![[Image: 322838bc567b097b39585364c987fa43.jpg]](https://uploads.tapatalk-cdn.com/20180205/322838bc567b097b39585364c987fa43.jpg)
Stock Market Thread - JPolen01 - 02-05-2018
I think Adam is right about the coming interest rate hike. It may be that people are pulling their gains now I'm anticipation of the rate hikes and their money going bye bye. It will be interesting to see where we go from here.
RE: Stock Market Thread - WRXtranceformed - 02-05-2018
That means a buying cycle is coming! Rate hikes were inevitable as the economy improved. Only people worried about short term gains are selling off right now
RE: Stock Market Thread - CaptainHenreh - 02-06-2018
(02-05-2018, 07:19 PM)WRXtranceformed Wrote: That means a buying cycle is coming! Rate hikes were inevitable as the economy improved. Only people worried about short term gains are selling off right now
The Fed's been pumping that QE and 0% for ages now. Had to end sometime.
RE: Stock Market Thread - BLINGMW - 02-06-2018
Sold off a few that are under their SMA200, I don't think this is another 2008, but even a minor correction is at least 10% and we aren't there yet.
RE: Stock Market Thread - BLINGMW - 02-08-2018
Aaaaaand I'm out
Only holding TGLDX and CEF, gold and silver funds
Stock Market Thread - ViPER1313 - 02-08-2018
In all seriousness I don’t think it’s even close to 2008, but I don’t think we are close to the bottom.
The thing that will derail this whole train is people getting spooked and pulling their money, not fundamentals, creating a self fulfilling downturn. Which.always.happens.
RE: Stock Market Thread - BLINGMW - 02-08-2018
(02-08-2018, 03:06 PM)ViPER1313 Wrote: Which.always.happens.
it does! Sitting around waiting for logic and fundamentals to pull us up won't work. That's not what got us in this bubble in the first place. See you guys later when DJI is closer to 20k. And maybe AMZN at 1000.
RE: Stock Market Thread - JPolen01 - 02-08-2018
(02-08-2018, 03:06 PM)ViPER1313 Wrote: The thing that will derail this whole train is people getting spooked and pulling their money, not fundamentals, creating a self fulfilling downturn. Which.always.happens.
This x100. People getting scared pulling money out quickly can throw off the trading algorithms and cause strange reactions.
RE: Stock Market Thread - .RJ - 02-08-2018
I hope it bombs. I have a bunch of money that will need to be tossed into my Betterment account soon, would rather buy in low.
Stock Market Thread - ViPER1313 - 02-08-2018
I keep coming in here and expecting Lee to school me on why I’m wrong.
RE: Stock Market Thread - G.Irish - 02-08-2018
An allegory about why clever people come up with new financial vehicles that inevitably blow up:
http://www.epsilontheory.com/too-clever-by-half/
RE: Stock Market Thread - BLINGMW - 02-08-2018
![[Image: tumblr_static_tumblr_static_8gcnhliy2ycc...ss_640.jpg]](https://static.tumblr.com/0871d96bbcdcdcc3d23ff245178d4909/5tc6foh/gMyo38al8/tumblr_static_tumblr_static_8gcnhliy2yccs8kwcwcosksss_640.jpg)
RE: Stock Market Thread - G.Irish - 02-08-2018
I was hoping for a picture of a bear devouring an overweight bull, but seals are fat I guess, so this will do.
RE: Stock Market Thread - WRXtranceformed - 02-08-2018
(02-08-2018, 04:30 PM)ViPER1313 Wrote: I keep coming in here and expecting Lee to school me on why I’m wrong.
Wut
RE: Stock Market Thread - Apoc - 02-11-2018
I take a week of vacation and AMZN goes to shit. Hmm.
RE: Stock Market Thread - Apoc - 02-14-2018
https://fivethirtyeight.com/features/the-economy-is-soaring-and-now-so-is-the-deficit-thats-a-bad-combination/
RE: Stock Market Thread - WRXtranceformed - 03-07-2018
Hopefully you all have seen this coming:
https://www.bloomberg.com/news/articles/2018-03-07/bitcoin-dives-after-sec-says-crypto-platforms-must-be-registered
I scooped up 5 shares of AMZN today since it's still up in the air whether or not my company will actually open up its private stock purchase. Either way, in the last year we have grown 30% and Amazon has grown 30% so the money is all green to me no matter where it's coming from.
No more vacations for you Chris!
RE: Stock Market Thread - WRXtranceformed - 03-16-2018
Relevant to some of your interests:
http://time.com/money/5178950/the-irs-is-cracking-down-on-cryptocurrency-transactions-heres-what-that-means-for-you/
Looks like they are only going after the bigger fish right now (people doing transactions for $20k or more) but I wouldn't be surprised if this doesn't end up trickling down to all crypto transactions and gainz
RE: Stock Market Thread - WRXtranceformed - 03-27-2018
You guys still all in on the crypto?
https://www.cnbc.com/2018/03/26/bitcoin-falls-7-percent-to-below-8000-after-twitter-bans-cryptocurrency-ads.html