Originally Posted by Hammock Parties:
If it's anything like Tesla it will recover off a medium dump in a few months and hit a new high by the beginning of 2021.
Just have to hope this happens before the S&P 500 hits 140.
Yeah, where is he? The next two days of NKLA could lead to a life of leisure or eternal poverty. I need him to tell me which one it's going to be. [Reply]
Originally Posted by Rain Man:
Yeah, where is he? The next two days of NKLA could lead to a life of leisure or eternal poverty. I need him to tell me which one it's going to be.
Originally Posted by Hammock Parties:
Scared money don't make money.
I think I'd be more scared if the rest of the market hadn't recovered so nicely just in time.
I think most will be a lot more apt to hold now, especially with the big investors not able to sell for six months.
I'm gonna lose a bunch of money to the government if I sell now ANYWAY, so my position is I might as well hold.
That’s not my point.....read be fearful when others are greedy.
Record highs in July or August won’t be here to stay for the market as a whole. What will you do when the market sentiment turns and the Fed steps back?
I’m guessing your income bracket isn’t high enough to worry a ton about capital gains. Made money is made money. [Reply]
Originally Posted by lewdog:
That’s not my point.....read be fearful when others are greedy.
Record highs in July or August won’t be here to stay for the market as a whole. What will you do when the market sentiment turns and the Fed steps back?
I’m guessing your income bracket isn’t high enough to worry a ton about capital gains. Made money is made money.
Short-term capital gains are insane dude.
Right now I would pay the government 22% of my winnings.
No sir. Holding. The benefits outweight the risks. This isn't a shit company. If it was I'd bail faster than you can say "IBIO." [Reply]
Originally Posted by lewdog:
That’s not my point.....read be fearful when others are greedy.
Record highs in July or August won’t be here to stay for the market as a whole. What will you do when the market sentiment turns and the Fed steps back?
I’m guessing your income bracket isn’t high enough to worry a ton about capital gains. Made money is made money.
Why are you so convinced it will set back?
There wasn’t a massive setback after TARP and the subsequent QE.
Not necessarily saying I disagree, but the economy hasn’t responded the way I would think it would since the tech bubble burst. Well maybe 9/11. [Reply]
Originally Posted by Buehler445:
Why are you so convinced it will set back?
There wasn’t a massive setback after TARP and the subsequent QE.
Not necessarily saying I disagree, but the economy hasn’t responded the way I would think it would since the tech bubble burst. Well maybe 9/11.
I think we hit a peak here in July-Sept. Market is rocketing so I think it could be sooner rather than later. I believe the Fed will stand at $9-$10 trillion (balance sheet) by the end of summer based on my calculations. The bust gets set into motion when the Fed steps off of the gas because of the growing discord of the Wall Street vs. Main Street debate near the end of summer. The debate will go mainstream and it will be that Wall Street got bailed out with trillions and Main Street got a couple of "measly" stimulus measures. The fucking Feds are currently buying Bond ETFs as part of the last stimulus plan.
There will also be a false sense of complacency by the Fed that the mission has been accomplished, back at new record highs, and we are back to "normal." What they won't fully take into account is the exponential amount of leverage and complexity they have built into a system that was already showing major liquidity cracks back in 2019... All "pre-virus" too. When they take their foot of the gas it will set this deflationary unwind into motion. You also have the election unknown and likelihood of the reemergence of virus shutdown measures come later fall into the winter. [Reply]
I don’t know how it works on stocks but trade navigator is a good program. If you use the delayed data it is free. It’s a desktop program and takes some computing power but it’s a good program. [Reply]