OT: Lets talk about stocks (Part 3)

[Scintillating10]

Absolutely not. Being overleveraged to the tits is impacting the market. There always needs to be a cover story for why pension funds are gambled away.

Oil right? Already market supply is limited and Russia 2nd largest exporter of oil. Natural Gas also, they largest producer.

If Oil spikes will spill over into our economy

 

[Scintillating10]

I think the valuations were out of whack. Stocks are correcting now and this is the painful part. I’m glad I got the hell out.

Going to be some earnings released this week. We get better picture. Main one I am following is TSLA, they release sales. I think it will hold up the price for a few days, but over next few weeks will continue to slide

 

[japhi]

Oil right? Already market supply is limited and Russia 2nd largest exporter of oil. Natural Gas also, they largest producer.

If Oil spikes will spill over into our economy

I am Oil heavy, stocks like SU are up 2x but prob still have a ways to run. I want to buy more but my entry on SU was around 15 bucks and I can’t pull thr trigger at 35 even though I think its a 45 dollar stock.

 

[japhi]

Going to be some earnings released this week. We get better picture. Main one I am following is TSLA, they release sales. I think it will hold up the price for a few days, but over next few weeks will continue to slide

I suspect their deliveries will be weak, no one can get chips. Well their deliveries are always weak, but I suspect they miss.

 

[BehindTheTimes]

Hope you boys/girls have some cash on hand, could be a good chance to get some discounts over the next few weeks.

 

[Scintillating10]

I suspect their deliveries will be weak, no one can get chips. Well their deliveries are always weak, but I suspect they miss.

If Tesla misses it will be because what they spent on solar, powerwalls and battery storage. Musk was on last fall saying Tesla was starting to concentrate on energy. Because sales in 2021 was 935,000 vehicles.

Musk said USA could power the whole country if they had an area of 100 miles by 100 miles for a solar farm. That is if every household had 2 EVs. He said when every household has 2 EVs the power consumption will double what it is now

 

[japhi]

Wow markets are a mess this AM!

 

[LeHab]

Stocks tanking faster than Habs. NASDAQ continues a nice decline.

Keep on tanking please, trigger that circuit breaker.

 

[RC51]

I told you guys 2 weeks ago. and the interest rates have not even gone up yet.

 

[japhi]

I think this correction has more to do with easing then rates. Something like 1 in 4 dollars didn’t exist 2 years ago, that sound you hear is liquidity leaving markets that have been propped up for years.

 

[llamateizer]

I told you guys 2 weeks ago. and the interest rates have not even gone up yet.

how many times the threat were there.
ya, I know this time is for real.

how long will it last.

In 10 years, we wouldn't even remember why it crashed like it did 2009

 

[BehindTheTimes]

We haven’t found the bottom yet. Pretty certain of that.

 

[LeHab]

I think this correction has more to do with easing then rates. Something like 1 in 4 dollars didn’t exist 2 years ago, that sound you hear is liquidity leaving markets that have been propped up for years.

Many factors are at play. Expected hawkishness from Central Banks over inflation, money over supply, disappointing tech sector performance, Ukraine ...

 

[neopreneur]

Wouldn't be surprised if Bergevin was behind all this.

 

[RC51]

how many times the threat were there.
ya, I know this time is for real.

how long will it last.

In 10 years, we wouldn't even remember why it crashed like it did 2009

Yes of course, if you are young enough you have a whole life time to make it all back. Can you please remember some are 20, some are 40, some are 60 , and some well are over 60 lets say haha. Some dont have that much time, some might go through 2-3 divorce cases, some might suffer a sudden health long term issue, some might have to deal with business crash and no way to recover. as they say," shiiit happens " preserving capitol is very important for some people. so for right now I am in to the " RUN FOREST RUN" MODE and that should have started 2 weeks ago.

 

[llamateizer]

Yes of course, if you are young enough you have a whole life time to make it all back. Can you please remember some are 20, some are 40, some are 60 , and some well are over 60 lets say haha. Some dont have that much time, some might go through 2-3 divorce cases, some might suffer a sudden health long term issue, some might have to deal with business crash and no way to recover. as they say," shiiit happens " preserving capitol is very important for some people. so for right now I am in to the " RUN FOREST RUN" MODE and that should have started 2 weeks ago.

Totally agree.
at certain age, you need to remove your cash from the stock market.

 

[Lafleurs Guy]

Wow markets are a mess this AM!

What a weird day. Some stocks were down like 15 percent and yet finished the day +7.

 

[BozoTheClown]

What a weird day. Some stocks were down like 15 percent and yet finished the day +7.

I had cash and almost pulled the trigger, but I thought it would keep going down for the next few days.
I will just add more cash.

 

[RC51]

beware of pump and dump, the downward pressure is still way way high. The big boys dumped in some bucks today to reverse the run. makes it look like all is well again. within 1 week or less the dump will hit again. The worry is when the big boys dont buy to stop the snowball, when that happens the big boys will shift to the golden parachutes (hedge) ( gold) (cash) of course the little guy is always 6 hours behind. SO who exactly is going to lose and lose fast? take a wild guess, hahahahah

 

[BehindTheTimes]

This is why you never listen to financial media. They’ll throw out a cover story to explain away a dip or a rip they know is coming. This morning Ukraine-Russia was the reason for the dip. Ukraine must have won the war by afternoon.

 

[LeHab]

beware of pump and dump, the downward pressure is still way way high. The big boys dumped in some bucks today to reverse the run. makes it look like all is well again. within 1 week or less the dump will hit again. The worry is when the big boys dont buy to stop the snowball, when that happens the big boys will shift to the golden parachutes (hedge) ( gold) (cash) of course the little guy is always 6 hours behind. SO who exactly is going to lose and lose fast? take a wild guess, hahahahah

One has not lost (or gained) until selling.

 

[RC51]

One has not lost (or gained) until selling.

we are all humans, yes what you say is true but that not the way people think. if you bought apple at $2.00 years ago and now its worth 50 million and never sold, and tomorrow the stock CRASHES to bankruptcy, tell me again that you wont think you just lost 50 million.

 

[Scintillating10]

What a weird day. Some stocks were down like 15 percent and yet finished the day +7.

A lot tugging on market right now. Rate hike coming, possible war, combined with strong economy and record earnings. Good sign for market to bounce back like it did. Once bargains were available the cash started to flow

 

[LeHab]

Dow futures are down, should be another rollercoaster day before Feds & BoC announce rate intentions tomorrow.

 

[Scintillating10]

Tesla beat earnings, took a 11% drop today. Go figure?