Please never say "unprecedented blah blah" The market is sentiment driven and obviously that sentiment is affected by different factors, but past history is not for the purposes of comparing one input to another, because there is one very strong commonality that this period has will all past periods, and that is HUMANS and the emotions that drive them. I never post historical technical data to say here is my prediction. It is a guidepost for how humans in the past have behaved in similar technical situations.Rabble rabble something something "past performance does not equal future results"...
I am not taking a bearish approach. But citing past history when we have literally had unprecedented money printing and the steepest index growth / lowest interest rate / cash rich companies / buybacks in history. I think trying to compare 2020/2021 returns based on previous history is a bit foolish.
Just my 2c, but I fully admit I am still an amateur at this. My gut says that there's a bumpy ride ahead. Especially with some significant risk catalysts on the horizon. (Interest rate hikes / China property implosion / etc)
RIVN +10% in the pre-market. I guess none of these guys ever heard of NKLA or WKHS
I think what is bolstering RIVN is the investments by F and AMZN and the fact it cant be shorted yet. Wait until the shorts and options players can get into the water.NKLA straight up lied about all the things they wanted to do. None of it was mathematically possible, and their chiefconcrete layerchemist didn't have any secrets up his sleeve. Rivian is at least a company of some sort. I think they are late to the party and a bad choice, but everything is stupid right now so who knows.
Wow. Blazin getting triggered is unprecedented here on FOH.Please never say "unprecedented blah blah" The market is sentiment driven and obviously that sentiment is affected by different factors, but past history is not for the purposes of comparing one input to another, because there is one very strong commonality that this period has will all past periods, and that is HUMANS and the emotions that drive them. I never post historical technical data to say here is my prediction. It is a guidepost for how humans in the past have behaved in similar technical situations.
Saying you are taking a bearish or bullish approach to the future is just silly. Trade what is in front of you, don't guess about anything. We look at the past because we are trying to prep our emotions and expectations, they aren't predictions. They are guide posts so that we are better situated to understand how humans might respond in the future based on how they have responded in the past. Allocations and trades should always be made with real data in hand, and the chart in front of you.
I have tried to drive this point home for years now, please stop thinking like this, it will not work. It's amazing how a mountain of evidence can show it's futility and we just can't stop clinging to it. The fact you can list a "we have...." is ALWAYS true there is always something that people are listing for why this time is different. That has been true our entire lives and will be true long after we are gone. The market has seen the industrial revolution , it has seen major societal changes, it has seen world wide wars, it has seen men put on the moon, it has seen the world minutes away from nuclear war. There is nothing new under the sun. Man you triggered me pulling out the "unprecedented" . I'm okay now
That isn't true at all. Maybe not on the retail brokers, but most brokers used by anyone moving size you sure can.I think what is bolstering RIVN is the investments by F and AMZN and the fact it cant be shorted yet. Wait until the shorts and options players can get into the water.
You see this on FOH and some other "not heavily moderated" sites. Its not that we are smarter than other people (well maybe we are), its that we aren't posting here with a political or financial incentive to lie/obfuscate/ignore what we know the facts to be and to make critical thinking based conclusions about the data. Politicians/Wallstreeters/Pump and Dumpers all have ulterior reasons to say what they say. We just shitpost.I enjoy these videos, but I dunno, they all seem the same. I guess I'll start by saying apparently this shit is obvious. FoH has been talking about the money supply being the cause of inflation for the entire year. But maybe it's because we're always ahead of the curve (the "Politics" type threads we seem to be a minimum of 6 months ahead of the broader population). Although I have no idea how people in the financial markets could be oblivious to something that's so obvious. Maybe they're not.
I enjoy the videos because they give me a bit more background, but they annoy me a bit because they never expand on that. I watched the whole thing, and he never addresses what comes next. Everyone seems to be able to call out the crisis in the making and point out historical parallels, but there's never anything actionable. I know these people don't have a crystal ball, but they talk like experts about the "why" it's happening, but don't seem to have any historical comparisons to make on what the people that came out the other end better did.
There's nothing in them to help me make better decisions. Instead, I just become an expert on history, but that's pretty worthless outside of being able to say "I told you so" when we're all destitute.
Edit: As usual, someone already beat me to the point. Fuck you, Blazin .
I stand corrected. I thought IPO's were prevented from shorting for a quiet period after the IPO day.That isn't true at all. Maybe not on the retail brokers, but most brokers used by anyone moving size you sure can.
My own broker has shares for borrow and has had since IPO.
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True.You see this on FOH and some other "not heavily moderated" sites. Its not that we are smarter than other people (well maybe we are), its that we aren't posting here with a political or financial incentive to lie/obfuscate/ignore what we know the facts to be and to make critical thinking based conclusions about the data. Politicians/Wallstreeters/Pump and Dumpers all have ulterior reasons to say what they say. We just shitpost.
You see this on FOH and some other "not heavily moderated" sites. Its not that we are smarter than other people (well maybe we are), its that we aren't posting here with a political or financial incentive to lie/obfuscate/ignore what we know the facts to be and to make critical thinking based conclusions about the data. Politicians/Wallstreeters/Pump and Dumpers all have ulterior reasons to say what they say. We just shitpost.
I stand corrected. I thought IPO's were prevented from shorting for a quiet period after the IPO day.
I am bailing around $112. Taking my 25% and going the fuck home aka DIS.WYNN
WYNN closed above $98 (100 DMA is $97) and is pushing $100 in the premarket. It "could" be smooth sailing up to the 200 DMA at $112.
So if I just put all money money into NKLA and PTON I am good to go?We're mostly just a bunch of Joes, and this is clearly an easy market. #1 way to make money is just put it in. From there it's just a difference of opinion on how to best make money other than a few outlier stocks that have gotten dumped on.
Dont forget HerbalifeSo if I just put all money money into NKLA and PTON I am good to go?
HODL to the mon brother.So if I just put all money money into NKLA and PTON I am good to go?