Let it rip!
At HMart, MU was RED. Login now, is GREEN.
Manic Monday. Everything green on my list except gun stocks.
The bears are in full retreat. RGR has dropped from 90 to near 60 in this rally. Looks like we bottomed
I may miss (or already missed) the boat, being skeptical. It is fine for me.
Looks like market bottomed last Thursday ( after the fact). On any case, I use 80% on trading, ups and down are positive for me as long as I am able to predict them ahead.
Remember this is recessionary period market can be volatile in future.
28,000 is a pretty big number. Ripple effect could affect several hundred thousand people (families, dependent services, etc)
Wow. Why we need an additional $3T stimulus?
Because stock market will crash if there is no hope for stimulus in the near future?
Trump raised his bid. Time is running out and Trump is trailing badly in the polls. Getting desperate.
One month to the election. The unemployed have been given so much money they don’t know want to do with it. One of my tenants just went back to work. A cook for Whole Foods. He has saved up $10k not working. Wants to buy a boat. Does not even own a car. I am trying to convince him to pay rent 6 months in advance.
I think they can hold on till the election and make Pelosi look like an extortionist.
I left stock market (by 50%) in mid march and does not matter to me if it crashes. I will take it as a buying opportunity when it comes. It is better to have a genuine prosperity than to have fake idea of wealth that comes with lot high blood pressure and sleepless nights.
Now we know why you are a bitter bear. March was the worst time ever to sell. One of the greatest buying opportunities in the the last 29 years.
No bitterness.I checked my trades.
Sold half of my stocks in May. You are right, march was the low.
Someone commented about buying small business like Subway or Seven Eleven.
He wrote that buying a Subway is like buying yourself a 24/7 hard work for yourself.
[you are good if you own half a dozens of subways]
People sometime make interesting comment about stock market.
Once they will buy, they will watch it everyday, and during downturns
they hope the FED to print money so that their stocks and net worth do not drop.
Hanera and Jil are traders. I buy and hold. Stocks are not my main thing. But they are not a headache if you buy and hold. Trading is too tedious for me. But a lot less work than Subway. Can’t image a worst job. I personally think KFC is the best of breed in that space.
Lunch and dinner with huge markups. Compare their 8 piece chicken for $16 to Costco for $5.
I understand the risks and ask everyone to do the same.
That is why I carry no bitterness and probably very satisfied, and I can spend time on what I enjoy.
Buying stock is equivalent to buying pain for yourself. It is like paying money to someone to buy yourself trouble. I am not saying one should not do trading. But, one should understand its emotional as well as financial aspects.
A trader or even an investor should be willing to live with the emotional swings that stock ownership means. Asking FED to print money or congress to pass stimulus so that an investor can sleep well in night is an expensive treatment that can by solved easily by buying sleeping pills from Walgreens.
my theory still stands about Tech.
They realize tech companies have been exploiting the lack of regulations for digital world. They are awakened and try to catch up, first collect past dues Trump is not helping here. Soon they would nationalize demand companies that operate in their nations to be sold to local company for national security reasons.
HK2 can produce 1000s of useless posts against any USA tech industry.
He already said Apple, google, Facebook and Tesla are useless companies.
He is day dreaming demise of tech industry and innovation.
But, nothing can stop tech growth and SFBA growth.
All these bears are happy when there is some recession but eventually see the growing incredibly