Indices & ETFs

I think wait 3 days or if you want to buy now scale in 25% then add more every 1-2 days.

So proven companies are shunned for something still relatively unproven? That’s not a trade I would make.

If you had to wait until this day to invest in stocks after all these time and still wanting to DCA in, might as well forget about it because chances of you succeeding as a stock investor is next to zero. And don’t even dream about quitting your day job because unfortunately it will not happen to you.

Yeah…follow the 3 day rule to maximize these BTFDs. sounds good.

1 Like

Are you talking about amzn vs BTC?

And then it fell some more.

2 greens.

Are we headed for a correction? Or a bear market?
Even pot stocks are hit

TEVA’s on the biggest losers list today

Implying WB no longer get it? Time to listen to Jim :face_with_hand_over_mouth:

Don’t trust people who consume too much coke and McDonald’s.

1 Like

Sell in May,
Enjoy chick watching in the beach,
Come back in July.

SPY is testing 200-day moving average. Utilities is the most bullish sector chart and even its pulled back some. People are very defensive right now.

According stock guru @manch SHOP will crash. Still waiting for it to happen :imp:

1 Like

Only bitcoin will rise in the next 6 months. All other indexes will go down and trade deal won’t materialize until the election goes in full force. Recession is a real possibility

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2019-05-29/morgan-stanley-says-u-s-yield-curve-now-clearly-spells-downturn

Who blink first? Trump or Xi? Trump wants a deal badly to declare victory before election in full force. Xi can’t agree with those terms that dictate China’s industrial policies unless he wants to be jailed, the replacement won’t agree with those terms too. Can Trump agree with a deal that don’t dictate China’s industrial policies? Trump wants to tell China how to run the country, how to do nation building and how to run the economy.

So, what should the deal be for that to be signed?

1 Like

Trump will decide the outcome. He will use the trade deal as his ticket to re-election. He does not really need to work so hard on China, but he will try to maximize the benefit to US.

My guess is that Trump did not want to finalize the deal in May, so he asked for something China will never accept and make the deal fail.