**OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition

[Heaney]

She's not hot but she's smart.

Her head is huge, that always throws me off

[Lefticle]

I’m up 900 today cuz hype meme stock tho

Lucky. Ended the day down $9k lol

[NoScrubz]

Threw down 5k on Riot calls near market close and now Elon just announced Tesla will no longer accept Bitcoin. **** you Elon.

[MinisterOfLust]

Threw down 5k on Riot calls near market close and now Elon just announced Tesla will no longer accept Bitcoin. **** you Elon.

Lmao

Sorry that I laughed bro.

[MinisterOfLust]

Her head is huge, that always throws me off

She's ugly and old. I would probably accept a blowjob from her only.

[Destor]

Anyone wanna take a shot at predicting what Elon’s tweet means for Tesla stock tomorrow?

Does it go down, or are people dumping crypto and will now throw it into TSLA

[Heaney]

Anyone wanna take a shot at predicting what Elon’s tweet means for Tesla stock tomorrow?

Does it go down, or are people dumping crypto and will now throw it into TSLA

Lold at their reasoning being crypto mining is bad for the environment. This data has been out for like a decade, they just don't want to admit its because of the price volatility

[Casser1242]

Just LOL at papa Musk.

Taking not only the market but bitcoin with it now. This is funny to watch. Tesla is going to continue to get hammered IMO. Can see sub 500 next week IMO.

Holding off on buying any stocks ATM. We could be at these lows for months. Inflation now kicking in as well. There is no real catalyst for stocks to rise from here for a while. It looks like tech is on sell but is it? Everytime I have bought it has got progressive worse. Holding off until June.

[mgftp]

I remember everyone ITT saying buy the Tesla dip in the 700s.

[aberry33]

Right now I just dca into long term holdings.

What strategies do you guys use to make money when the market is headed south?

Puts? Inverse etf’s? I see some of them like SCO are only recommended to be held a day or less?

What strategy would you recommend as a way to take a 1st step into that part of the market? Something with a low cost entry preferably and short-mid term timeframe. Anywhere from a couple weeks to a couple months for example and could be understood by a newb.

[lntense]

I’m perfectly fine with Tesla dipping below 530 lol. That’s why I was asking a few pages ago if anyone thought it would and after the Bitcoin news I’m sure it will.

Elon pissed at China, he knew the whole time coal was the primary fuel source and China is one of the largest miners.

May as well bring out the bad news while the whole growth/tech/ev is tanked already.

[SouthDakotaBrah]

Just LOL at papa Musk.

Taking not only the market but bitcoin with it now. This is funny to watch. Tesla is going to continue to get hammered IMO. Can see sub 500 next week IMO.

Holding off on buying any stocks ATM. We could be at these lows for months. Inflation now kicking in as well. There is no real catalyst for stocks to rise from here for a while. It looks like tech is on sell but is it? Everytime I have bought it has got progressive worse. Holding off until June.

wouldn't inflation cause stock prices to go up (pending interest rate hikes)?

[NoScrubz]

wouldn't inflation cause stock prices to go up (pending interest rate hikes)?

In general yeah but it's more the fear of the Fed raising rates sooner rather than later due to unchecked inflation

[VegasLifter26]

wouldn't inflation cause stock prices to go up (pending interest rate hikes)?

No, rising inflation means interest rates have to go up. When rates go up people take their money out of growth stocks and put them into safer investments (usually when rates go to 3%+) the sectors that benefit mostly from this are energy, metals, materials, and staples. It also helps companies with lots of debt because then the debt is worth less. It also means the economy will contract in the future because thats the job of rising the rates. Currently we are at the tail end of a booming economy and we will need to contract for a couple years to offset the inflation.

[RoyalRyy]

"Palantir Technologies (NYSE:PLTR) Given New $170.00 Price Target at Citigroup"

https://www.marketbeat.com/instant-a...w-2021-05-2-3/

From $15 to $170 lol wut. Typo for sure.

https://www.marketscreener.com/quote...m-15-33237046/

[RobParks2M]

No, rising inflation means interest rates have to go up. When rates go up people take their money out of growth stocks and put them into safer investments (usually when rates go to 3%+) the sectors that benefit mostly from this are energy, metals, materials, and staples. It also helps companies with lots of debt because then the debt is worth less. It also means the economy will contract in the future because thats the job of rising the rates. Currently we are at the tail end of a booming economy and we will need to contract for a couple years to offset the inflation.

How are you forgetting that banks are at the top of the sectors that benefit most from interest rates rising

[ikepen]

How are you forgetting that banks are at the top of the sectors that benefit most from interest rates rising

to be more precise, banks only benefit when the yield curve steepens. Borrow short term and lend long term.

[camaleom]

GM crew and fuk u Musk

mara and riot got destroyed

on the bright side AMC the meme stock with the early morning greens

[smashedurgfx10]

So having seen that the fear in the markets isn't going anywhere I've decided to take losses today

Probably the worst time to sell I know, but I don't want the risk of losing even more money and my index fund profits counteract the losses I'll make

These are just my tech positions. Also down on other stuff today in the bloodbath

[Casser1242]

So having seen that the fear in the markets isn't going anywhere I've decided to take losses today

Probably the worst time to sell I know, but I don't want the risk of losing even more money and my index fund profits counteract the losses I'll make

These are just my tech positions. Also down on other stuff today in the bloodbath

If retail investors have this mentality then yeah we are going to sink a lot lower lol. Always buy stocks with absolute conviction long term however if you do not then yeah sell.

[smashedurgfx10]

If retail investors have this mentality then yeah we are going to sink a lot lower lol. Always buy stocks with absolute conviction long term however if you do not then yeah sell.

its about your exposure and how much you're willing to lose, and also about knowing when to cut your losses which i should have done ages ago.

you do realise the nasdaq is tetering on the edge of a cliff right? i dont think that makes me or anyone else stupid to want to protect their money from further losses

for sure it could bounce back next week and i'd be wrong. i'll take that. but no one has a crystal ball

[MotorCityCobra]

im down like 50% on a lot of money invested, but im not selling anything. worst case i will be bagholding for a couple of years. tech, EV, green energy and growth stocks will bounce back at some point

[Galindo62]

its about your exposure and how much you're willing to lose, and also about knowing when to cut your losses which i should have done ages ago.

you do realise the nasdaq is tetering on the edge of a cliff right? i dont think that makes me or anyone else stupid to want to protect their money from further losses

for sure it could bounce back next week and i'd be wrong. i'll take that. but no one has a crystal ball

Tetering on the edge.

No one has a crystal ball.


You're contradicting yourself.


It's really not about exposure. It's about whether you're investing or trading. In the long term

Typically it's a very bad idea to invest money you may need. Seems like that's what a lot of people do.

[Galindo62]

So having seen that the fear in the markets isn't going anywhere I've decided to take losses today

Probably the worst time to sell I know, but I don't want the risk of losing even more money and my index fund profits counteract the losses I'll make

These are just my tech positions. Also down on other stuff today in the bloodbath

Futures pretty volatile. Nasdaq was up .36% a few hours ago. I see it's down .36% rn

[smashedurgfx10]

Tetering on the edge.

No one has a crystal ball.


You're contradicting yourself.


It's really not about exposure. It's about whether you're investing or trading. In the long term

Typically it's a very bad idea to invest money you may need. Seems like that's what a lot of people do.

No im not contradicting myself

Tetering on the edge is a fact. Look at the chart and you'll see for yourself. It actually dipped bellow major support earlier and hasn't been able to push back through it.

What's speculation is what it'll do in the future. But looking at the chart now, it has broken support so 'probably' it's going lower

In a years time tech and growth could well bounce back but you don't know how low they'll get to before they do, and whether they'll return to these highs we see now

[camaleom]

red af today - 25% of gains of crypto gains wiped in hrs cause that f'ing **** tweeted... wtf

GME and AMC green tho lol crazy world

[camaleom]

close some of my positions at lost... (very small cause i was avg down for a bit so that was good)

i ma sit this one one for a bit

still green on eth amc and gme... waiting for those margin calls

[smashedurgfx10]

tech premarket has just shot up, potentially a bull trap

keep your eyes peeled

[camaleom]

it cant be a bulltrap if people is deep red lol

[smashedurgfx10]

it cant be a bulltrap if people is deep red lol

fakeout then