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The Stock Market 2024 Thread

[486] said:
actually took a look and everything I've got is doing fairly well
as compared to the last yr or so

as compared to pre-20 they're doing terrible
and as compared to actual inflation I've lost just about everything :flipoff2:
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Bidenomics is working.
 
I've been having problems logging into my Schwab account since the market opened. Awfully convenient.
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billdacat said:
I placed a stop limit orders last week on some of my holdings. I am crossing my fingers they don't get excutied. I tell you, ETF's are fucking things up. Shit that should't tank, tanks because it is blended with unrelated consumer industrie.. :flipoff::flipoff::flipoff::flipoff::flipoff:
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Just don't buy ETFs then and run your own diversified portfolio to beat the dips and only have it go up in all market conditions
 
billdacat said:
At fucking $219 a share; you have some fucking balls playing options. Hope your not stuck holding a $22K bag o shit....:eek::eek::eek::eek:
Do you think the Fed is going to cut interest soon? :smokin::smokin::smokin:
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Feds are cutting rates at the next meeting, its guaranteed, the only question now is whether its going to be a full point or a half a point. With the reports coming in a full point is looking promising.
 
I bought $5,000 in TSLA puts last week. At a low during the week they were worth $700. Then they climbed up to $25,000 for the week.
I rolled them into this week at a closing price of $20,000 on Friday. They were worth $105,000 at the open today. I watched them drop back to $25,000. Currently sitting at a value of $32,000.

I have a gambling problem. :)
 
kmkommes said:
I bought $5,000 in TSLA puts last week. At a low during the week they were worth $700. Then they climbed up to $25,000 for the week.
I rolled them into this week at a closing price of $20,000 on Friday. They were worth $105,000 at the open today. I watched them drop back to $25,000. Currently sitting at a value of $32,000.

I have a gambling problem. :)
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You spent 1.5 years worth of my salary in at hour
 
INTC is almost looking interesting. .72 price to book, stock price is 2000/2008 levels. They have a lot of problems on the product side due to shitty management. Longer term they should be ok, US tax payers just gave them 10 billion :shaking:. They have significant fab capability in the US, which means something if Trump wins the election.

They got behind AMD, I think new leadership is in the cards soon.
 
kmkommes said:
I bought $5,000 in TSLA puts last week. At a low during the week they were worth $700. Then they climbed up to $25,000 for the week.
I rolled them into this week at a closing price of $20,000 on Friday. They were worth $105,000 at the open today. I watched them drop back to $25,000. Currently sitting at a value of $32,000.

I have a gambling problem. :)
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That's usually about how I roll. I only get stupid with house money though. I follow the rules with the blood money.
 
Dump money into the index fund or stand fast?
 
Roc Doc said:
I've got 4 Schwab window open. Sorry.
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I've been able to get in, but right after the open I couldn't get back in, then it was intermittent. I wasn't really planning on closing out my trade, but had the market continued the drop I would have wanted to do something. Not cool at all.
 
WashingtonMatt said:
That's usually about how I roll. I only get stupid with house money though. I follow the rules with the blood money.
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Do you play the game of "if I bought and sold at the highs and lows how much money would I have?". Last week I 4x my money but it could have been 140x. Today alone could have been 22x. My $5,000 could be $15,000,000 since last monday if I played it perfect...

My $32,000 is $38,000 now. It will be $0 by the end of this week.
 
Slander said:
Just don't buy ETFs then and run your own diversified portfolio to beat the dips and only have it go up in all market conditions
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Really hard to do these days, bonds and equities seem to go up and down together not like in the past. I have a Schwab managed account with the money I got out of the last house I sold, and it has 30 or so ETF's and on cost basis, they are all solid green except SCHP which is in the red by a tiny bit. TODAY, all my ETF's are in the red for the day, except SCHP, which is up .3%, so I got that going for me.
 
Roc Doc said:
Really hard to do these days, bonds and equities seem to go up and down together not like in the past. I have a Schwab managed account with the money I got out of the last house I sold, and it has 30 or so ETF's and on cost basis, they are all solid green except SCHP which is in the red by a tiny bit. TODAY, all my ETF's are in the red for the day, except SCHP, which is up .3%, so I got that going for me.
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One indicator I watch is jnk, high yield bonds. Once the real reset comes jnk should get a big haircut because it's the high risk or junk pile of bonds. So far JNK is holding up fine. :homer:
 
Norm said:
INTC is almost looking interesting. .72 price to book, stock price is 2000/2008 levels. They have a lot of problems on the product side due to shitty management. Longer term they should be ok, US tax payers just gave them 10 billion :shaking:. They have significant fab capability in the US, which means something if Trump wins the election.

They got behind AMD, I think new leadership is in the cards soon.
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I added to my position earlier today. I'm in it for long term and it may go lower than here, but I can't see it being much lower or staying there.
 
WashingtonMatt said:
It's just getting started. There will be wild swings like in 2008. I really don't see how we avoid it at this point.
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I doubt it. I don't think this becomes more than a typical correction. The fed will spike the punch bowl and the market will be setting new all time highs by the end of the year.
 
DannyK said:
I doubt it. I don't think this becomes more than a typical correction. The fed will spike the punch bowl and the market will be setting new all time highs by the end of the year.
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I tend to agree. Also, earning have been coming in great. The market is nitpicking and finding reasons to sell when the numbers are actually very good. Examples I hold are GS and META. Both beat top and bottom line and got punished any way.

Edit: Just noticed that GS has a PEG at .61. That's pretty damned bullish.
 
[memphis] said:
I was watching Ford premarket at 7. I was thinking I should grab some more but it’s been a two year nothing burger 🍔 for me

AMC also shitting the bed, I’ll never recover from that mistake (no tax advantage to sell)
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Ew, you should have bailed out of AMC LOOOoooong ago lol. Sorry man.
 
By the way, this whole selloff mess is my fault. I've been bag holding PSQ (short QQQ) shares for a while now taking an ass fucking. I started lightening a little early last week. Sorry guys.....
 
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