CBH1926 Posted June 10, 2020 Share Posted June 10, 2020 Gotta love MSFT! 1 Link to comment Share on other sites More sharing options...
nuckin_futz Posted June 10, 2020 Share Posted June 10, 2020 (edited) Will Powell deliver the goods ? Edited June 10, 2020 by nuckin_futz Link to comment Share on other sites More sharing options...
250Integra Posted June 10, 2020 Share Posted June 10, 2020 NKLA dipping. Time to go back in?! Link to comment Share on other sites More sharing options...
nuckin_futz Posted June 10, 2020 Share Posted June 10, 2020 If you are in HTZ be careful. Just a rumor but hearing from sources the NYSE may demand they delist today. Link to comment Share on other sites More sharing options...
NucksPatsFan Posted June 10, 2020 Share Posted June 10, 2020 https://www.cnn.com/2020/06/10/economy/federal-reserve-june-meeting/index.html New York (CNN Business)The Federal Reserve left interest rates unchanged Wednesday and committed to maintaining its unprecedented stimulus plan until the economy "has weathered recent events." That means it could be years until interest rates rise again. The Fed's "dot plot", which reflects the forecasts of the central bank's policy makers, isn't showing any rate hikes this year or in 2021. Even in 2022, the majority of policymakers believe rates will remain at the current rate levels. Link to comment Share on other sites More sharing options...
CBH1926 Posted June 10, 2020 Share Posted June 10, 2020 2 hours ago, 250Integra said: NKLA dipping. Time to go back in?! If you like volatile stocks, the other day it had 30b market cap and zero in sales. Link to comment Share on other sites More sharing options...
filthycanuck Posted June 10, 2020 Share Posted June 10, 2020 2 hours ago, nuckin_futz said: If you are in HTZ be careful. Just a rumor but hearing from sources the NYSE may demand they delist today. Yeah i heard. Good thing i cashed out and didnt go back in. HTZ is just dropping like a bag of bricks Link to comment Share on other sites More sharing options...
AriGold2.0 Posted June 10, 2020 Share Posted June 10, 2020 What a dumpster fire today!! It's time to start looking at what's happening in the world and how it can affect the stock market. Covid cases are increasing at a steady rate, so what did well during the beginning days of COVID ? This is my mind set over the next month when investing. 1 Link to comment Share on other sites More sharing options...
NucksPatsFan Posted June 10, 2020 Share Posted June 10, 2020 1 hour ago, AriGold2.0 said: What a dumpster fire today!! It's time to start looking at what's happening in the world and how it can affect the stock market. Covid cases are increasing at a steady rate, so what did well during the beginning days of COVID ? This is my mind set over the next month when investing. Make sure you share Link to comment Share on other sites More sharing options...
nuckin_futz Posted June 10, 2020 Share Posted June 10, 2020 (edited) 2 hours ago, filthycanuck said: Yeah i heard. Good thing i cashed out and didnt go back in. HTZ is just dropping like a bag of bricks They get a stay of execution pending their appeal of the delisting notice. The moment they lose the appeal it'll be delisted and vanish only to re-appear on the OTC exchange. Then it's a huge clusterF as all these RobinHood accounts who are long to the teeth with that crap have no access to the OTC market. It's gonna suck to be them. 1 hour ago, AriGold2.0 said: What a dumpster fire today!! It's time to start looking at what's happening in the world and how it can affect the stock market. Covid cases are increasing at a steady rate, so what did well during the beginning days of COVID ? This is my mind set over the next month when investing. I don't know if it's time to pay attention to what's going on in the world in relation to the market. We have a viral pandemic going on, are in the midst of a global recession if not depression, protests and sporadic rioting have gripped the USA, the imminent take over of Hong Kong by Communist forces. And none of it matters because Central Banks have decided to flood markets with liquidity. They're not going to stop. There could be dinosaurs with guns roaming around shooting people and this market wouldn't care. So what can happen to make the market care? This market is addicted to stimulus and as long as Powell is dovish it's all good. The "stay at home" stocks did well. Stuff like Netflix, Peloton, Zoom, Dominos Pizza, Amazon, Facebook, Shopify. Don't think that's going to work as well in a 2nd Covid phase. Though Gold and Silver initially got caught up in all the selling as when the crap hits the fan you just sell everything to raise cash. They rebounded very well, as they should. Edited June 10, 2020 by nuckin_futz Link to comment Share on other sites More sharing options...
Duodenum Posted June 10, 2020 Share Posted June 10, 2020 33 minutes ago, nuckin_futz said: They get a stay of execution pending their appeal of the delisting notice. The moment they lose the appeal it'll be delisted and vanish only to re-appear on the OTC exchange. Then it's a huge clusterF as all these RobinHood accounts who are long to the teeth with that crap have no access to the OTC market. It's gonna suck to be them. I don't know if it's time to pay attention to what's going on in the world in relation to the market. We have a viral pandemic going on, are in the midst of a global recession if not depression, protests and sporadic rioting have gripped the USA, the imminent take over of Hong Kong by Communist forces. And none of it matters because Central Banks have decided to flood markets with liquidity. They're not going to stop. There could be dinosaurs with guns roaming around shooting people and this market wouldn't care. So what can happen to make the market care? This market is addicted to stimulus and as long as Powell is dovish it's all good. The "stay at home" stocks did well. Stuff like Netflix, Peloton, Zoom, Dominos Pizza, Amazon, Facebook, Shopify. Don't think that's going to work as well in a 2nd Covid phase. Though Gold and Silver initially got caught up in all the selling as when the crap hits the fan you just sell everything to raise cash. They rebounded very well, as they should. RH investors are weird. They will en masse short good stocks and be bullish in garbage ones, doesn't make sense. Link to comment Share on other sites More sharing options...
NucksPatsFan Posted June 10, 2020 Share Posted June 10, 2020 3 minutes ago, Duodenum said: RH investors are weird. They will en masse short good stocks and be bullish in garbage ones, doesn't make sense. It's whatever TikTok and Stocktwits tell them. They become aware of a stock after it's spiked, and then buy the spike lol Link to comment Share on other sites More sharing options...
nuckin_futz Posted June 11, 2020 Share Posted June 11, 2020 30 minutes ago, Duodenum said: RH investors are weird. They will en masse short good stocks and be bullish in garbage ones, doesn't make sense. Yeah they have a peculiar habit of piling into garbage. Sometimes even bankrupt garbage. Here's the thing though. RobinHood does not allow short selling. So everyone trading stocks there is long only. If you want to short there you'd have to use inverse ETF's or trade options. Link to comment Share on other sites More sharing options...
CBH1926 Posted June 11, 2020 Share Posted June 11, 2020 3 hours ago, AriGold2.0 said: What a dumpster fire today!! It's time to start looking at what's happening in the world and how it can affect the stock market. Covid cases are increasing at a steady rate, so what did well during the beginning days of COVID ? This is my mind set over the next month when investing. Diversification is the key word, sure it’s fun to own these stocks that go up like a rocket ship. But on the days that they sink like a stone, it hurts. Link to comment Share on other sites More sharing options...
yoshiyoshi Posted June 11, 2020 Share Posted June 11, 2020 (edited) 18 minutes ago, CBH1926 said: Diversification is the key word, sure it’s fun to own these stocks that go up like a rocket ship. But on the days that they sink like a stone, it hurts. That day hurt! Actually i guess thats been several days now Edited June 11, 2020 by yoshiyoshi Link to comment Share on other sites More sharing options...
AriGold2.0 Posted June 11, 2020 Share Posted June 11, 2020 1 hour ago, Duodenum said: RH investors are weird. They will en masse short good stocks and be bullish in garbage ones, doesn't make sense. 100%... Check out CRIS today... FDA gave them the go ahead to go onto the next phase of a breast cancel pill and had a beautiful jump. Then bulls beat the hell out of it for 4 straight hours till it was finally dead. Link to comment Share on other sites More sharing options...
CBH1926 Posted June 11, 2020 Share Posted June 11, 2020 10 minutes ago, yoshiyoshi said: That day hurt! Actually i guess thats been several days now Balanced portfolio helps even out the performance for those that can’t stomach huge swings. Market was crappy today but my few of my holdings were up offsetting the ones that were down. Link to comment Share on other sites More sharing options...
NucksPatsFan Posted June 11, 2020 Share Posted June 11, 2020 17 minutes ago, AriGold2.0 said: 100%... Check out CRIS today... FDA gave them the go ahead to go onto the next phase of a breast cancel pill and had a beautiful jump. Then bulls beat the hell out of it for 4 straight hours till it was finally dead. Now they have 1 quarter of cash left and will have to offer soon. Link to comment Share on other sites More sharing options...
yoshiyoshi Posted June 11, 2020 Share Posted June 11, 2020 15 minutes ago, CBH1926 said: Balanced portfolio helps even out the performance for those that can’t stomach huge swings. Market was crappy today but my few of my holdings were up offsetting the ones that were down. i dont really have a portfolio, i have a single entry im gambling on. Which is a more accurate description of what im doing vs investing atm. Link to comment Share on other sites More sharing options...
Duodenum Posted June 11, 2020 Share Posted June 11, 2020 58 minutes ago, nuckin_futz said: Yeah they have a peculiar habit of piling into garbage. Sometimes even bankrupt garbage. Here's the thing though. RobinHood does not allow short selling. So everyone trading stocks there is long only. If you want to short there you'd have to use inverse ETF's or trade options. Ah yea that's right. Apparently there's 160,000 RH HTZ stock holders lol. 1 Link to comment Share on other sites More sharing options...
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