Investing General Discussion

  • 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!
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,800
126,349
Jysin said:
View attachment 444111

Dave Chappelle Im Rich Bitch GIF
Click to expand...
So what I am finding interesting is the various indicators. The insane divergence from technical indicator to analyst indicator is a laugh. Almost every stock I check is a "technical = Sell" and "Analyst = Buy or Strong Buy"
 
  • 1Like
Reactions: 1 user
Jysin

Jysin

Ahn'Qiraj Raider
6,548
4,552
I honestly dont give any thought to "analysts". But yes, I see what you mean. Likely some technical indicators just showing below all MAs and "bearish" of some degree.
 
  • 1Like
Reactions: 1 user
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,800
126,349
Jysin said:
I honestly dont give any thought to "analysts". But yes, I see what you mean. Likely some technical indicators just showing below all MAs and "bearish" of some degree.
Click to expand...
Im just sorta playing with it for now and exploring
 
Lightning Lord Rule

Il_Duce Lightning Lord Rule

Lightning Fast
<Charitable Administrator>
11,131
59,500
Hmm, SPY was almost a straight slope up today, kinda unusual. Hopefully it can break through to 4100 or even 4150... but eh.

Blazin Blazin any thoughts on market conditions lately? The prognosticators I've been reading are anticipating a big drop in the market after the 1st of Dec or thereabouts. Like down to 3200 levels.
 
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,800
126,349
Lightning Lord Rule said:
Hmm, SPY was almost a straight slope up today, kinda unusual. Hopefully it can break through to 4100 or even 4150... but eh.

Blazin Blazin any thoughts on market conditions lately? The prognosticators I've been reading are anticipating a big drop in the market after the 1st of Dec or thereabouts. Like down to 3200 levels.
Click to expand...
3200.

Jonah Hill Ok GIF
 
Lightning Lord Rule

Il_Duce Lightning Lord Rule

Lightning Fast
<Charitable Administrator>
11,131
59,500
Sanrith Descartes said:
There are always people calling doom and gloom. That being said, are we headed down 20% from here? Seems like a stretch to me. VIX is down around 22/23.
Click to expand...
Well I didn't think we were heading this far down after the rebound in August, more like the levels from earlier in the year, but down it went.

So maybe not quite to 3200, but 3400? Still a significant drop off rather than a continued uptrend, is the point.
 
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,800
126,349
Lightning Lord Rule said:
Well I didn't think we were heading this far down after the rebound in August, more like the levels from earlier in the year, but down it went.

So maybe not quite to 3200, but 3400? Still a significant drop off rather than a continued uptrend, is the point.
Click to expand...
Truth is... no one truly knows.
 
  • 1Jonesing
Reactions: 1 user
Lightning Lord Rule

Il_Duce Lightning Lord Rule

Lightning Fast
<Charitable Administrator>
11,131
59,500
Sanrith Descartes said:
lol, I keep making my little adds and selling my puts and covered calls. There is money to be made in every market. Just gotta find it.
Click to expand...
Jokes aside, my fear is a duplicate of that August setup. I was reading a lot of the same things about what the market was going to do back then, but I missed the window on when to sell > switch to short positions. If I had done what my instincts were telling me to do but I was too hesitant/fearful to do I would have doubled my money by the time it bottomed again in Sept/Oct.

I mean, long term it may be much ado about nothing due to the 'markets always recover' on a long enough timeline, but still.
 
T

Tirant

Lord Nagafen Raider
195
107
Next time you’re going to do what you should’ve done last time, but next time will be different so you should do next time what what you did last time, when you shouldn’t have done it then.
 
  • 2Like
  • 1Genius!
Reactions: 2 users
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,800
126,349
Lightning Lord Rule said:
Jokes aside, my fear is a duplicate of that August setup. I was reading a lot of the same things about what the market was going to do back then, but I missed the window on when to sell > switch to short positions. If I had done what my instincts were telling me to do but I was too hesitant/fearful to do I would have doubled my money by the time it bottomed again in Sept/Oct.

I mean, long term it may be much ado about nothing due to the 'markets always recover' on a long enough timeline, but still.
Click to expand...
I see your point. My feeling is that is basically market timing and I dont see timing as a viable strategy. Yes if you are right AND have it timed right you can win big. But you need both components. Burry was early and then fucked by the banks dragging it out until they could get out and it nearly buried him. He almost wasnt solvent enough to win even though he was 100% right.

I look at my portfolio and my current holdings are down 8% in total from cost basis. To me, guessing about an imminent reversal and selling now just doesnt work in the risk/reward thing for me. It might for others.

That being said, i do look at my AAPL and MSFT holdings which are deep green still and I am very overweight and think about zeroing both of those out for profits and buying back in the next crash. But i also know if we rallied instead I end up caught flatfooted and stuck trying to find a renetry on the movement up and then hoping it doesnt headfake back down after I buy.
 
  • 1Like
Reactions: 1 user
OU Ariakas

OU Ariakas

Diet Dr. Pepper Enjoyer
<Silver Donator>
7,552
21,634
Sanrith Descartes said:
Facts are never disingenuous. They are facts. I dont give a shit about Iger and I dumped my DIS a while back. Those stock numbers are what they are. Your statement that the numbers of based on the MCU somehow tries to belie the fact that Iger green lit the MCU and Lucas deals. Chapek has been shit for the share price. Doesnt matter what he did or did not do. He was the CEO. They brought back the guy who generated the best stock price appreciation in the history of the company. From a shareholder perspective this is the right move.
Click to expand...

I know this is a day late, and I understand why you could argue that this move should be viewed from the eyes of Disney's board and that they are the ones that thought Chapek was the weight dragging them down, but that means those ultra-savvy business people on the board are fucking myopic. Iger caused the problems and Chapek was trying to clean them up. Critical Drinker nails it and you can expect them to go to new lows with Iger.

 
  • 1Solidarity
  • 1Like
Reactions: 1 users
Big Phoenix

Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
46,953
100,432
OU Ariakas said:
I know this is a day late, and I understand why you could argue that this move should be viewed from the eyes of Disney's board and that they are the ones that thought Chapek was the weight dragging them down, but that means those ultra-savvy business people on the board are fucking myopic. Iger caused the problems and Chapek was trying to clean them up. Critical Drinker nails it and you can expect them to go to new lows with Iger.

Click to expand...

Exactly. Who kept renewing and strengthening Kathleen Kennedy's position over and over? The fact that woman wasnt let go after the very subpar performance of TLJ/RoS should be a red flag.

Seems like Iger's winning move was buying Marvel and shitting out a bunch of movies/toys. Second winning move was quitting when corona hit.
 
  • 1Solidarity
  • 1Like
Reactions: 1 users
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,800
126,349
OU Ariakas said:
I know this is a day late, and I understand why you could argue that this move should be viewed from the eyes of Disney's board and that they are the ones that thought Chapek was the weight dragging them down, but that means those ultra-savvy business people on the board are fucking myopic. Iger caused the problems and Chapek was trying to clean them up. Critical Drinker nails it and you can expect them to go to new lows with Iger.

Click to expand...

Honestly, DIS is dead to me. What it does, it does. I made my opinion based on how the stock fared under Iger. Not because I considered buying it.
 
  • 1Like
Reactions: 1 user
You must log in or register to reply here.