Stock Market (14 Viewers)

[AFL_ITALIA]

Amazon announced a 20 to 1 split to take place close of business May 27th, as well as a $10 billion stock buyback.

https://www.cnbc.com/2022/03/09/amazon-announces-20-for-1-stock-split-10-billion-buyback.html

 

Buy on AliExpress.com

[campionesidd]

Amazon announced a 20 to 1 split to take place close of business May 27th, as well as a $10 billion stock buyback.

https://www.cnbc.com/2022/03/09/amazon-announces-20-for-1-stock-split-10-billion-buyback.html

I have 0.03 shares of Amazon lol. Will buy 0.02 to have one full share when the split happens.

 

[Bjerknes]

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I think I'm going to buy some TSLA leaps. $1000 strike a few months out. Weekly chart looks nice.

 

[Bjerknes]

Just another day over at Shitbag studios.

 

[.zero]

 

[Bjerknes]

lmao

 

[AFL_ITALIA]

I'm stuck between thinking "there are going to be inflation, interest rate, and energy issues for a while, sell while you can" and "there are some nice discounts now, buy more." I'm not sure what to do right now.

 

[Albo]

I'm stuck between thinking "there are going to be inflation, interest rate, and energy issues for a while, sell while you can" and "there are some nice discounts now, buy more." I'm not sure what to do right now.

Same here , i have no idea what to do .

But i don't feel comfortable atm .


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[X Æ A-12]

lmao

 

[Nzoric]

I'm stuck between thinking "there are going to be inflation, interest rate, and energy issues for a while, sell while you can" and "there are some nice discounts now, buy more." I'm not sure what to do right now.

Btfd


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[Bjerknes]

I'm stuck between thinking "there are going to be inflation, interest rate, and energy issues for a while, sell while you can" and "there are some nice discounts now, buy more." I'm not sure what to do right now.

Same here , i have no idea what to do .

But i don't feel comfortable atm .


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I would suspect if everyone is massively short then markets will go higher next week. We shall see.

 

[campionesidd]

I'm stuck between thinking "there are going to be inflation, interest rate, and energy issues for a while, sell while you can" and "there are some nice discounts now, buy more." I'm not sure what to do right now.

Timing the markets is more dangerous than buying and holding. Even if you sell now, how would you know when to step back in? You could miss out on a lot of gains by the time you start buying again. There’s a lot of money to be made in bear markets, if you stay the course.

 

[AFL_ITALIA]

Timing the markets is more dangerous than buying and holding. Even if you sell now, how would you know when to step back in? You could miss out on a lot of gains by the time you start buying again. There’s a lot of money to be made in bear markets, if you stay the course.

Of course I have no fear for things such as Microsoft or GM or Apple in the long term. I've still been buying SPY throughout this for example. But valuations on some stocks are insane, triple digit p/e on something like Square or Tesla for example. My fear is that they will maybe never see their previous valuations again, and it'll just be lost money when it could've been nice profits.

 

[campionesidd]

Of course I have no fear for things such as Microsoft or GM or Apple in the long term. I've still been buying SPY throughout this for example. But valuations on some stocks are insane, triple digit p/e on something like Square or Tesla for example. My fear is that they will maybe never see their previous valuations again, and it'll just be lost money when it could've been nice profits.

Yeah that’s a good point.

 

[Bjerknes]

 

[alaska]

I'm stuck between thinking "there are going to be inflation, interest rate, and energy issues for a while, sell while you can" and "there are some nice discounts now, buy more." I'm not sure what to do right now.

$INFL

 

[AFL_ITALIA]

$INFL

I had no idea such a thing even existed

 

[alaska]

I had no idea such a thing even existed

I like the firm that put the product together, they do great quarterly updates. Really smart guys.

 

[Bjerknes]

 

[AFL_ITALIA]

That's it? Just like that with all the same headwinds? I'll be amazed if things start reversing