If the market gets back to 19k we'll have more than riots on the capitol.

Are you buying rental homes or commercial real estate? I bought a townhouse rental 3 years ago, it's been a great steady source of income. And if I'm to believe Zillow, it's worth about $120,000 more than I paid for it. A bunch of my family buy rentals and have done well, but it can be a lot of work between renters.

Why? What percent of the pop. even owns a stock? The ones that do will just cry quietly in their expensive scotch. We all know this is a bubble. Look out- Feb.3 is 384th anniversary of the Tulip collapse.

Anybody concerned about the actual increase in consumer spending this holiday season? Economy went off a world wide cliff, yet people spent more money then similar periods last previous years? Stimulus sure, but this much? And if someone can explain how LYV is at an all time high with no concerts in over a year, appreciated.

55% according to the most recent Gallup poll. Their age, gender and race breakdown is here:
https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

If the market crashes that hard - which is harder than the COVID crash - there's going to be a lot (more) of unemployed people.

Secondly, bubbles, speaking of bubbles, the housing market is a huge one. I'm looking at house prices saying I would never pay what people are asking right now, no matter how low the interest rates are. It's insanity. Then you look at the prices of everything, cars, pinball, etc, and they are just increasing at astronomical rates. I don't see it being sustainable either, but here we are 10 years later, and everything is going up way faster than wages.

I am the Vulture Class, coming in when things are severely depressed. Real Estate is merely a bellwether for the entire economic situation. Building materials, furnishings,you know the drill.
Also a good harbinger of whats coming this way. I think Jeremiah is in the Southwest, and area that boomed recently and should be maintaining now, it's not.
My area is Hot, how long that lasts is anyones guess. Like he says, its coming soon to all of us in one form or another.

Only a year ago it kissed it. Probably the last realistic bottom we will ever have.

Isn’t Italy and half of the EU always on the bring of bankruptcy? That’s why Brexit happened. Horrible money management in the EU, nothing new... *yawn*

Actual scientists and real professionals have been tracking 100+ mutations of COVID-19 since May. It is such an obvious fear tactic to bring it up now like some new boogieman as if nobody has been paying attention for the past year. https://web.archive.org/web/20210114080431/https://www.cnn.com/2020/03/07/health/coronavirus-mutations-analysis/index.html

Remember, do your own due-diligence!

Manufacturing has proven to be very easy to bring back to the US. Those jobs aren’t “dead” when they’re competing with literal slave labor in a certain large country it’s difficult to succeed...
when we defend human rights and place sanctions and large tariffs on those countries that use slave-labor then manufacturing here in the good ol’ USA booms.

When you force companies to rely on genuine paid-labor then it doesn’t make sense to do it overseas because after all the costs involved it’s cheaper to pay people in the US and not have to worry about international logistics.

I think this shutdown has reminded people that if our current biggest manufacturer shuts downs then WE shut down. So that’s why we’ve seen a huge growth in US jobs. It will probably stay that way for a few years since people don’t easily forget supply shortages like that.

Even many large companies like Apple are still proceeding with moving factories to places like Taiwan and Mexico just as a safeguard to bolster their material supply-chains. I believe in American manufacturing and am investing accordingly.

https://www.forbes.com/sites/princeghosh/2020/09/18/the-exodus-of-chinese-manufacturing-shutting-down-the-worlds-factory/

Been riding the TELL train since .70...keeps on going!

OPRX up 55%+ since 12/3 - not a bad return

BXMT down 4% - good entry point for a 9%+ div.

NOVRF up 29.7% since I bought it 8 days ago. Not a rocket like some of them but looking pretty good so far.

FVRR taking a dump today in an analyst downgrade. good opportunity to add shares for those interested - this is a multi-rec from motley fool

Anyone else thinking of shorting the market today before close?

Tomorrow could be interesting

Not shorting, but I am holding onto about 25% liquid right now in my investment account (I normally hold 0-5%) and waiting and watching to buy when it seems right. I'm looking at BXMT, WOOF, CCL, AAL; and increasing my position in WMT. I would like this to be my best year yet but 47% return last year is going to be hard to beat.

I’m at 164% return right now thanks Odin!

LOL.. up 7% today. With no way to have a concert for at least another 6 months- whatever assets they have, someone really wants..

No idea what is going on at TRXC either, but glad I bought at 0.40

And just a few days later...

bb (resized).png

Short squeeze?

Blue horse show loves andocote steel

wow.
$70 to below $7,
back above $84,
then as low as 28c
in a four year span.

it was a pick of one the analyst on cnbc about 12 today - thanks ed

Yeah, there is a reddit group called wallstreetbets that has 1.9 million members and has been doing the GME short squeeze, BB is their next target, I mentioned it last Friday when I picked up 100 shares. It's gonna either keep going past 20 or settle back down to 9, depending on if they are successful or not.

I have a bit of FOMO over it and that's why I bought some BB. Are you holding until the end or have an exit plan? It seems to have hit a bit of a wall that I'm wondering if it will break thru or not. It takes balls of steel to hold past 45.

Can someone help me understand this? They are betting for GME & raising the price? How do they all cash out?

Man that would be a vile area if there were bag holders left on a regular basis. But you are right, there isn’t a great way for them to all get out safely.

I’m pretty sure that’s how it works. Most of r/wallstreetbets is just hyping garbage and dumping it

My biggest problem with investing is that I get stuck and don't want to get out....especially if it's going up in value.

If I sell and it keeps going, I feel like an idiot. For example, my crypto is up 65% in the last 30 days and 133% in the last 90 days. Should I sell and bunch and rake in a really nice profit, probably. But I keep sitting here thinking, "Well, it's went up this much, why can't it keep going?".

With my 401k it's easy, because I'd get whacked with penalties if I withdrew anything and when I'm old enough I'm going to be forced to draw. With my stock and crypto, I just get stuck holding on.

I need to find a way to get over that thought process. I just don't know when I should make a move.....

I find myself doing the same thing frequently. I keep telling myself, what's your goal for the year and what does that equate to in daily profits? The market has always been manipulated and seems even more so now. When I can grab a quick profit, I do it, and I am consistently beating my daily goals and that is good enough for me.

Always let's your winners run! So if you have a winner, put a mental sell/stop loss number down. I bought palantir at 11 and it's at 25. Do I sell? No! When it hits 21 then I'll watch it closely. I may sell at 20 but I may buy more depending on why the stock is down.

Think! If you buy a stock is it for a quick profit? Is it a 5 year buy?

Great Day for the Market! Just saying....oh Great Day for America too.

Market is tanking by the minute. I expect losses today.

Which market are you watching, exactly?

Keep watchin.. It's going red.. Not all are creeping up.

LOL. Okie dokie. I'll keep watchin'. I'm sure I won't circle back to this in a few hours.

Seems bitcoin is the only thing down - my hedges are even doing well with gold up $25 today. NOVRF is up another 9.5% - 40% in 9 days. Starting to get nervous it has moved so quickly.

Starting to recover slowly.... Glad to see it.

As is the CCCP.

So are a lot of average Americans like me, I'd like to not have to think about politics or the President every day. NASDAQ, Dow and S&P500 all hitting all time highs today, I hope this optimism lasts.

These ridiculous political posts have no business on a stock market trading thread.

This is a stock forum, not political. Let's keep it stocks! Looks like microsoft is killing it today!

My Apologies Gang. I was reflecting on a incredible up day and making a comparison.
Play Ball!

China and Iran as well!

EDIT: Guess you better sell all your stocks that do business or buy parts from China, or you're just another hypocrite. Money's money right? Greed has no boundaries.

Also, just checked mine, been busy today, and my portfolio is up over 2% so far today. Part of it helps that Ford is on a nice run up.

The 40% run up from $24 a share to $34 a share in the 8 days since I sold the stock has shown this was the wrong move. Only adding to show people frustrated by losses that you are not the only one. People tend to brag on successes and hide losses.