Sanrith Descartes
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Today is the type of day where your portfolio is telling you who your strong herd members are and who the weak ones are that should probably be culled.
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Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Jysin
Ahn'Qiraj Raider
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I am still a bit baffled in some names.
F has been moving like some new high PE growth stock. Up another >7% today.
AAPL has had big inflows recently, despite recently reporting that chip shortages are affecting their lineup. Days later they also announce reduced iPhone 13 demand. Then just a day or two ago one of their suppliers says production has been halted the first time since.. forever. Meanwhile, AAPL just breaking new 52wk highs day after day.
F has been moving like some new high PE growth stock. Up another >7% today.
AAPL has had big inflows recently, despite recently reporting that chip shortages are affecting their lineup. Days later they also announce reduced iPhone 13 demand. Then just a day or two ago one of their suppliers says production has been halted the first time since.. forever. Meanwhile, AAPL just breaking new 52wk highs day after day.
Sanrith Descartes
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I know people who are flat out in the mindset of buy AAPL on every dip. Period. That stock has a following every bit as as strong as TSLA. I think F is benefiting greatly from its RIVN stake.
ToeMissile
Pronouns: zie/zhem/zer
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Didn’t F sell their stake? Or just announced the dev partnership wasn’t going to happen? They also stopped taking preorders for the F150 EV, 200k is enough apparently.
Sanrith Descartes
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I set a bunch of conditional sell orders for the close. If we dump I am either taking profits on some of my swing trades that have done well and/or dumping out of some bad trades and limiting further losses.
Sanrith Descartes
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I did not see it, but they might have. I stopped following it too closely after I sold my stake a while back.
Sanrith Descartes
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That didnt take long. Stopped out of CI at $215. My second time swing trading it. 10% profits in about a month.
Stopped out of LMT - Broke even on the trade.
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Big Phoenix
Pronouns: zie/zhem/zer
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Picked up UAL and PYPAL.
And up almost another 2% today. Absolutely insane. Some people say its pretty much all due to options manipulations.
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Fogel
Mr. Poopybutthole
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I read that recently 70% of options volume is now retail traders/investors, options is certainly becoming more popular
Big Phoenix
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Publix now limiting sale of 6 more items
Publix has added more items to a list of products with purchase limits.
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Mist
REEEEeyore
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Yeah, I couldn't find the hashbrowns I wanted the other day so I had to pick from one of the other 6 kinds, or just go to Trader Joe's...Publix now limiting sale of 6 more items
Publix has added more items to a list of products with purchase limits.www.al.com
I still think this is corporations using the media to justify price hikes and get people to overbuy and hoard stuff at the inflated prices, by constantly talking about shortages.
Even gas. Near me it's $3.65. 15 miles from me, it's under $3.20. Same state, same taxes. Just gouging things.
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Zog
Blackwing Lair Raider
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Curious where we go from here, apple will undoubtedly hit the (182)3t cap just because it's a thing.
Where does everyone go with their profits?
Are the mcdonalds, home depots of the world the higher interest rate utopia that kevin o'leary thinks they are? Im not really sure "higher interest rates" even mean anything, i cant really see rates going to 20% like they were in the 80s like the talking heads like to talk about in this environment.
Is tech still just going to keep chugging along? They are the ones that are going to innovate, certainly not fuckin mcdonalds.
Sometimes this thread puts me back on page 1 in 2016 and its pretty funny to hear about facebook trading in the low 100s and the scepticism of its valuation... And look at it now.
Where does everyone go with their profits?
Are the mcdonalds, home depots of the world the higher interest rate utopia that kevin o'leary thinks they are? Im not really sure "higher interest rates" even mean anything, i cant really see rates going to 20% like they were in the 80s like the talking heads like to talk about in this environment.
Is tech still just going to keep chugging along? They are the ones that are going to innovate, certainly not fuckin mcdonalds.
Sometimes this thread puts me back on page 1 in 2016 and its pretty funny to hear about facebook trading in the low 100s and the scepticism of its valuation... And look at it now.
Edaw
Parody
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Big Phoenix
Pronouns: zie/zhem/zer
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Only solace is that China will face the same amount of pain if not worse. How much of their GDP is dependent on US buying their exports?
Not only that but they have 2 generations of people whose entire life savings is in a housing economy about to explode worse than what we saw in 2008.
Kiroy
Marine Biologist
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Tmac
Adventurer
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Gravel
Mr. Poopybutthole
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Except all a war is is deficit spending. It's not the colonial era where we plunder a country's natural resources and come out ahead.
We're not lacking in deficit spending, it's why we're as deep in the hole as we are now. The lesson the Fed learned from the 2000's wars was that we can print money into our own oblivion.
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