Stock Thread (23 Viewers)

[Stoneworker]

Nasdaq was up 6x in the previous 5 years back then, it's 3x this time around. Valuation was a perfect strategy back then and today.

Valuation is a horrible market timing tool. Now and forever. Merely an indicator of current sentiment and (somewhat) future expected returns.

 

[Josh Hines-Ward-Alan-Carr]

With regards to automobiles, isn't BYD the massive elephant in the room? By most accounts, they're at least on par with Tesla and about 40% less to buy (where they are allowed to compete, sans tariffs)?

They're tariffed 100% in USA and Canada, I believe (taking over in Mexico).

I don't know how much we can even get into why it's made/sold for the price it is or why it's tariffed so heavily without getting into the political side but... it's probably coming at some point.

It's one thing to buy furniture and toys from China, it's quite another to by autos that could be shut off at anytime from the other side of the world.

The Seal is probably a decent comp to a Tesla. That 45k euros or 54k dollars.

See, this is why we can't really have this conversation, because I'm in Canada and have similar fears about a US made Tesla.

 

[Bob Sacamano]

Wait, wait. Writing this down.

Buy Amazon, stupid.

Got it!

 

[Ridgeback]

Apple down 10%. Is that just assuming us consumer are gonna be too broke to buy the latest iPhone?

I think a $1900 iphne might be the issue.

Pfft, people will skip paying rent, utilities and everything else to purchase the latest status symbol.

What did PT Barnum say...? More evident every day.

 

[Josh Hines-Ward-Alan-Carr]

Seriously? Consecutive administrations from different parties agree on one thing - keep BYD out of the US. That's over the line? It's the heart of what we're here to talk about.

I mean... Can you talk about why it's over the line without it being political? And this board is US-Centric but not entirely American.

I (non American) would buy BYD before Tesla. Edit: but I probably can't get into why without talking about politics. But if we take politics completely out of it, a lot of people should/would as well!

 

[General Malaise]

The new Las Vegas stadium for the Athletics is scheduled to open in spring 2028.....that's ONE massive building in a city cashed up to build it. But it's a stadium, it's not a foundry or an auto plant or a rare earth processing facility. Walk me through how we're going to just build everything we need in short order to replace the manufacturing our voracious consumer appetites have demanded. MAKE IT MAKE SENSE.

It's not just that. It's great to say we need manufacturing to come back to the US, but that's also inflationary. Nobody is building a low cost anything here. So if a Chevy is suddenly built 100% in country, that Chevy is going to cost more than it did when it was built in <virtually anywhere else>. And it's still going to be a ####tier car than the corresponding Honda/Toyota.

Actually, not sure I agree with everything you’re saying. I’d think a brand new factory would be far more automated now than one that moved to Mexico 10-20 years ago to keep labor costs down. We are in a much different environment in terms of automation/AI. I don’t know if it will work but maybe now is the perfect time for it to move back if you can automate the **** out of it and thus remove the that huge labor cost component, which would keep the skilled labor jobs here and keep the corporate taxes here. There’s a lot of cars still manufactured in the US that aren’t Chrysler LeBarrons.

And where are these new cars getting their computer chips? Rare earth element motors and magnets? Where are the EVs getting their cobalt, nickel, manganese, lithium?

Do you recall the chip shortage from just a few years ago?

I’m not sure you even read my post but that’s OK. I was just talking about the assumption that we can’t possibly make good cars and that a new factory in the US would be like the one Michael Keaton ran. How long did it take Tesla to get up and running with volume? Has nothing to do with if I disagree or agree with the tariffs.

I did read yours, with great interest. I'm a history major with a great understanding of our automotive abilities and track record. Zero disagreement that we can and do make good cars here. Never did I dispute that which makes me wonder if you even read my post.

Tesla has enjoyed an environment of cheap raw goods to make their cars. Full stop. The ingredients used to build their cars have been cheap, easy to source and stockpile for years. Especially without much in the way of competition for critical metals for cars built in the US.

Right? With me so far?

Now, many of the other car manufacturers here - your Fords, GMs and even the Hondas that built plants here - they import many components like hydraulics or crap I'm not car savvy enough to describe but look it up, a car made in the US is built on our soil with many necessary components coming from Mexico, for instance.

And that can change too, we certainly are capable of building those components here but at what incremental cost?

I like robots, that's a good thought on future production. Gut manpower completely (job loss not creation) and have robots build all cars here. I like that.

But you completely missed my larger point - where do we get the raw goods to build? You know, the elements? The ones that DO NOT come out of our dirt? Where do we source those to build our good cars? Not trying to be a Richard but we're here......so tell me.....

Where are we getting the metals to complete 100% of the car building process here in the US?

 

[Josh Hines-Ward-Alan-Carr]

The new Las Vegas stadium for the Athletics is scheduled to open in spring 2028.....that's ONE massive building in a city cashed up to build it. But it's a stadium, it's not a foundry or an auto plant or a rare earth processing facility. Walk me through how we're going to just build everything we need in short order to replace the manufacturing our voracious consumer appetites have demanded. MAKE IT MAKE SENSE.

It's not just that. It's great to say we need manufacturing to come back to the US, but that's also inflationary. Nobody is building a low cost anything here. So if a Chevy is suddenly built 100% in country, that Chevy is going to cost more than it did when it was built in <virtually anywhere else>. And it's still going to be a ####tier car than the corresponding Honda/Toyota.

Actually, not sure I agree with everything you’re saying. I’d think a brand new factory would be far more automated now than one that moved to Mexico 10-20 years ago to keep labor costs down. We are in a much different environment in terms of automation/AI. I don’t know if it will work but maybe now is the perfect time for it to move back if you can automate the **** out of it and thus remove the that huge labor cost component, which would keep the skilled labor jobs here and keep the corporate taxes here. There’s a lot of cars still manufactured in the US that aren’t Chrysler LeBarrons.

And where are these new cars getting their computer chips? Rare earth element motors and magnets? Where are the EVs getting their cobalt, nickel, manganese, lithium?

Do you recall the chip shortage from just a few years ago?

I’m not sure you even read my post but that’s OK. I was just talking about the assumption that we can’t possibly make good cars and that a new factory in the US would be like the one Michael Keaton ran. How long did it take Tesla to get up and running with volume? Has nothing to do with if I disagree or agree with the tariffs.

I did read yours, with great interest. I'm a history major with a great understanding of our automotive abilities and track record. Zero disagreement that we can and do make good cars here. Never did I dispute that which makes me wonder if you even read my post.

Tesla has enjoyed an environment of cheap raw goods to make their cars. Full stop. The ingredients used to build their cars have been cheap, easy to source and stockpile for years. Especially without much in the way of competition for critical metals for cars built in the US.

Right? With me so far?

Now, many of the other car manufacturers here - your Fords, GMs and even the Hondas that built plants here - they import many components like hydraulics or crap I'm not car savvy enough to describe but look it up, a car made in the US is built on our soil with many necessary components coming from Mexico, for instance.

And that can change too, we certainly are capable of building those components here but at what incremental cost?

I like robots, that's a good thought on future production. Gut manpower completely (job loss not creation) and have robots build all cars here. I like that.

But you completely missed my larger point - where do we get the raw goods to build? You know, the elements? The ones that DO NOT come out of our dirt? Where do we source those to build our good cars? Not trying to be a Richard but we're here......so tell me.....

Where are we getting the metals to complete 100% of the car building process here in the US?

This is of course true (and China is easily the global leader in most raw materials required) but even beyond the raw materials, a lot of the initial processing happens outside the USA (i.e. Canada processes 4x as much aluminum as USA).

On Canada/USA automotive industry in particular, which are so integrated at the parts/raw material level, it's all so foolish. 10% of the cars manufactured/assembled in North America are made in Canada. and 10% of the cars sold in North America are sold in... Wait for it... Canada.

And Canada has so much of the raw materials and so much more of the initial aluminum processing (because of hydro electric power essentially). So why are we tariffing each other back and forth 25% on this particular part of trade that is so balanced and so integrated? If that 10% made in Canada leaves, are Canadians really not going to look to buy their 10% of the NA market elsewhere? Of course they are.

I don't know if the above is too political. I get banned every week these days but I think it's all just facts.

 

[BassNBrew]

Nasdaq was up 6x in the previous 5 years back then, it's 3x this time around. Valuation was a perfect strategy back then and today.

Valuation is a horrible market timing tool. Now and forever. Merely an indicator of current sentiment and (somewhat) future expected returns.

Agreed a little bit for market timers. Investors are a different category. I'm shaping my portfolio for the next 5 years. Personally I've never had luck with head and shoulders, 200 / 50 day moving average, or any other timing strategy. There always seems to be an after the fact exception.

With regards to automobiles, isn't BYD the massive elephant in the room? By most accounts, they're at least on par with Tesla and about 40% less to buy (where they are allowed to compete, sans tariffs)?

They're tariffed 100% in USA and Canada, I believe (taking over in Mexico).

I don't know how much we can even get into why it's made/sold for the price it is or why it's tariffed so heavily without getting into the political side but... it's probably coming at some point.

It's one thing to buy furniture and toys from China, it's quite another to by autos that could be shut off at anytime from the other side of the world.

The Seal is probably a decent comp to a Tesla. That 45k euros or 54k dollars.

See, this is why we can't really have this conversation, because I'm in Canada and have similar fears about a US made Tesla.

I can understand this to an extent. That said, I watched numerous videos online today that mocked and opposed the current administration. The opposition won a major judge position in a state that voted for the current administration. US citizens donated to that opposition without fear of their bank accounts being frozen. None of that happens in China (or Canada in the case of the later).

While Canadians may have good reason not to like us, personally I think it's a little extreme to compare us to China. That said, open to your thoughts that don't involve references to specific politicians or parties in the US.

 

[BassNBrew]

The new Las Vegas stadium for the Athletics is scheduled to open in spring 2028.....that's ONE massive building in a city cashed up to build it. But it's a stadium, it's not a foundry or an auto plant or a rare earth processing facility. Walk me through how we're going to just build everything we need in short order to replace the manufacturing our voracious consumer appetites have demanded. MAKE IT MAKE SENSE.

It's not just that. It's great to say we need manufacturing to come back to the US, but that's also inflationary. Nobody is building a low cost anything here. So if a Chevy is suddenly built 100% in country, that Chevy is going to cost more than it did when it was built in <virtually anywhere else>. And it's still going to be a ####tier car than the corresponding Honda/Toyota.

Actually, not sure I agree with everything you’re saying. I’d think a brand new factory would be far more automated now than one that moved to Mexico 10-20 years ago to keep labor costs down. We are in a much different environment in terms of automation/AI. I don’t know if it will work but maybe now is the perfect time for it to move back if you can automate the **** out of it and thus remove the that huge labor cost component, which would keep the skilled labor jobs here and keep the corporate taxes here. There’s a lot of cars still manufactured in the US that aren’t Chrysler LeBarrons.

And where are these new cars getting their computer chips? Rare earth element motors and magnets? Where are the EVs getting their cobalt, nickel, manganese, lithium?

Do you recall the chip shortage from just a few years ago?

I’m not sure you even read my post but that’s OK. I was just talking about the assumption that we can’t possibly make good cars and that a new factory in the US would be like the one Michael Keaton ran. How long did it take Tesla to get up and running with volume? Has nothing to do with if I disagree or agree with the tariffs.

I did read yours, with great interest. I'm a history major with a great understanding of our automotive abilities and track record. Zero disagreement that we can and do make good cars here. Never did I dispute that which makes me wonder if you even read my post.

Tesla has enjoyed an environment of cheap raw goods to make their cars. Full stop. The ingredients used to build their cars have been cheap, easy to source and stockpile for years. Especially without much in the way of competition for critical metals for cars built in the US.

Right? With me so far?

Now, many of the other car manufacturers here - your Fords, GMs and even the Hondas that built plants here - they import many components like hydraulics or crap I'm not car savvy enough to describe but look it up, a car made in the US is built on our soil with many necessary components coming from Mexico, for instance.

And that can change too, we certainly are capable of building those components here but at what incremental cost?

I like robots, that's a good thought on future production. Gut manpower completely (job loss not creation) and have robots build all cars here. I like that.

But you completely missed my larger point - where do we get the raw goods to build? You know, the elements? The ones that DO NOT come out of our dirt? Where do we source those to build our good cars? Not trying to be a Richard but we're here......so tell me.....

Where are we getting the metals to complete 100% of the car building process here in the US?

This is of course true (and China is easily the global leader in most raw materials required) but even beyond the raw materials, a lot of the initial processing happens outside the USA (i.e. Canada processes 4x as much aluminum as USA).

On Canada/USA automotive industry in particular, which are so integrated at the parts/raw material level, it's all so foolish. 10% of the cars manufactured/assembled in North America are made in Canada. and 10% of the cars sold in North America are sold in... Wait for it... Canada.

And Canada has so much of the raw materials and so much more of the initial aluminum processing (because of hydro electric power essentially). So why are we tariffing each other back and forth 25% on this particular part of trade that is so balanced and so integrated? If that 10% made in Canada leaves, are Canadians really not going to look to buy their 10% of the NA market elsewhere? Of course they are.

I don't know if the above is too political. I get banned every week these days but I think it's all just facts.

That's not the political stuff that gets you banned. That's stock related material. We can talk tariffs and there impacts, we just can't discuss the people / parties implementing them. Thank you for the insight.

 

[Dwayne Hoover]

Just checking if you guys have started talking politics in this thread yet?

 

[BassNBrew]

Just checking if you guys have started talking politics in this thread yet?

I haven't directly seen it. We generally talk fed policy, laws, unemployment, global trade, etc without attacking the political affiliations of those involved.

 

[Stoneworker]

Nasdaq was up 6x in the previous 5 years back then, it's 3x this time around. Valuation was a perfect strategy back then and today.

Valuation is a horrible market timing tool. Now and forever. Merely an indicator of current sentiment and (somewhat) future expected returns.

Agreed a little bit for market timers. Investors are a different category. I'm shaping my portfolio for the next 5 years. Personally I've never had luck with head and shoulders, 200 / 50 day moving average, or any other timing strategy. There always seems to be an after the fact exception.

No worries. It appears we might be talking about slightly different things but not necessarily in disagreement from what I can tell. Carry on.

 

[BassNBrew]

Nasdaq was up 6x in the previous 5 years back then, it's 3x this time around. Valuation was a perfect strategy back then and today.

Valuation is a horrible market timing tool. Now and forever. Merely an indicator of current sentiment and (somewhat) future expected returns.

Agreed a little bit for market timers. Investors are a different category. I'm shaping my portfolio for the next 5 years. Personally I've never had luck with head and shoulders, 200 / 50 day moving average, or any other timing strategy. There always seems to be an after the fact exception.

No worries. It appears we might be talking about slightly different things but not necessarily in disagreement from what I can tell. Carry on.

If you're a market timer and have been successful I would love to hear about it. I watch youtube stuff but just get confused.

 

[Sand]

Yeah, but WHEN did he say this? This afternoon?

Broheim, even the Oracle of Omaha couldn't see this gong show coming. He probably uttered these words when Nixon was in office. Right?

That's the nice thing about some of the thing Buffett says - it's timeless and it has made him the best investor in history.

This assume rational actions, or people operating in our best interests. Which neither of these seem super true right now. It isn't clear that our govt. wants to maintain the US as the world reserve currency, or our ability to issue risk free notes getting 4% or whatever they are going for these days.

Maybe. I guess we'll see.

And to both of you ragging on me for a Buffett quote of a Kipling poem - Lighten Up, Francis(es)!

 

[Sand]

This is of course true (and China is easily the global leader in most raw materials required) but even beyond the raw materials, a lot of the initial processing happens outside the USA (i.e. Canada processes 4x as much aluminum as USA).

On Canada/USA automotive industry in particular, which are so integrated at the parts/raw material level, it's all so foolish. 10% of the cars manufactured/assembled in North America are made in Canada. and 10% of the cars sold in North America are sold in... Wait for it... Canada.

And Canada has so much of the raw materials and so much more of the initial aluminum processing (because of hydro electric power essentially). So why are we tariffing each other back and forth 25% on this particular part of trade that is so balanced and so integrated? If that 10% made in Canada leaves, are Canadians really not going to look to buy their 10% of the NA market elsewhere? Of course they are.

I don't know if the above is too political. I get banned every week these days but I think it's all just facts.

That's not political - it's talk about what's made where. From a logical point of view I don't get tariffs on raw materials, in particular. If we want the US to make high value products at least import the raw materials as economically as possible.

Oh, and China leads in raw material production because they have no qualms about raping and poisoning the earth. It may be after we all die, but they will regret that at some point. IMO, Canada and the US go about it much more correctly than China does.

 

[Sand]

No worries. It appears we might be talking about slightly different things but not necessarily in disagreement from what I can tell. Carry on.

If you're a market timer and have been successful I would love to hear about it. I watch youtube stuff but just get confused.

Yeah, it's funny how the "I was 100% cash right before this and now I'm buying" peeps come out of the woodwork. I'll just struggle along staying invested at ~70/30 - I'm not smart enough to get this kind of timing right.

 

[General Malaise]

Just to out myself a bit here.....

I thought silver might be a safe spot to duck into while the hurricane hit, but it too has been obliterated.

Moral here is - never ever follow me.

 

[BassNBrew]

Just to out myself a bit here.....

I thought silver might be a safe spot to duck into while the hurricane hit, but it too has been obliterated.

Moral here is - never ever follow me.

Except when it involves sugary drinks.

That double up on Bros in 3 months was epic. Speaking of which, down to $56 today. You tempted?

 

[BassNBrew]

Yeah, so to break up the pugilism, I need help.

How do you keep up with the market in real-time via video?

Bloomberg TV/Radio and CNBC TV/Radio are fine. Not gonna say bad things about either.

Do you keep YouTube people on a live feed? How about X (formerly Twitter) people on live feed? I don't do the clock app, so that's out.

What do you do to stay on top of this without the two networks named?

Thanks for your help.

<Insert link to this thread here>

Generally that's enough for me.

I would love to hear how you sort out the good and bad advice on the video feds. I would assume like most things, personality is more important than knowledge when it comes to video.

 

[ChiefD]

I don't know if the above is too political. I get banned every week these days but I think it's all just facts.

It’s not us. It’s you.

 

[Stoneworker]

Nasdaq was up 6x in the previous 5 years back then, it's 3x this time around. Valuation was a perfect strategy back then and today.

Valuation is a horrible market timing tool. Now and forever. Merely an indicator of current sentiment and (somewhat) future expected returns.

Agreed a little bit for market timers. Investors are a different category. I'm shaping my portfolio for the next 5 years. Personally I've never had luck with head and shoulders, 200 / 50 day moving average, or any other timing strategy. There always seems to be an after the fact exception.

No worries. It appears we might be talking about slightly different things but not necessarily in disagreement from what I can tell. Carry on.

If you're a market timer and have been successful I would love to hear about it. I watch youtube stuff but just get confused.

Not a market timer per se. For example, I would never try to predict a market bottom.

Mainly just use a limited set of technical analysis tools as a last step to supplement fundamentals/macro before pulling the trigger on long-term buys. Want to make sure I'm on the right side of a trend or the price action is at least stable and not at risk of "catching a falling knife."

 

[Ted Lange as your Bartender]

Annnnnd here comes the China retaliation tariffs.

 

[ghostguy123]

Woke up just now and thought I was living in groundhog day.
SOXL just might hit 7 after all

 

[pecorino]

Nasdaq was up 6x in the previous 5 years back then, it's 3x this time around. Valuation was a perfect strategy back then and today.

Valuation is a horrible market timing tool. Now and forever. Merely an indicator of current sentiment and (somewhat) future expected returns.

Agreed a little bit for market timers. Investors are a different category. I'm shaping my portfolio for the next 5 years. Personally I've never had luck with head and shoulders, 200 / 50 day moving average, or any other timing strategy. There always seems to be an after the fact exception.

No worries. It appears we might be talking about slightly different things but not necessarily in disagreement from what I can tell. Carry on.

If you're a market timer and have been successful I would love to hear about it. I watch youtube stuff but just get confused.

Not a day trader or market timer but in mid February, I began buying SPY puts for protection. Traded them often in these intervening 45 days. I set limit orders to sell yesterday on a big decline and every order hit so my protections are gone. My account is flat since 2/15 which I’m thrilled about but I admit to feeling naked going into today’s session. I don’t feel like this is a bottom but I’m not buying more protective puts. As they say, buckle up buttercup.

 

[beef]

Woke up just now and thought I was living in groundhog day.
SOXL just might hit 7 after all

I just entered 3 buy limits for today. lowest at 7.69. might have to do a 6.93 just in case.

 

[culdeus]

China hit back.

The S&P has been in a trading range between 5700 and 5400 for the past month. There is significant support at the 5400 level so it may settle above there for awhile. Decent amount at 5200. If it breaks below 5200 then look out below.

I'm no technical analysis wizard but those are my thoughts.

Sitting on a bunch of cash myself for long-term deployment but not touching this market until it establishes a higher low back above 5700 and/or 200 DMA.

There's a little support at 4000, basically erasing all the Biden gains and a post covid reset. Below 4000 looking at 2500.

 

[culdeus]

Where is the NVDA bottom.

 

[Ilov80s]

$2.5 trillion in value lost yesterday. Yikes

 

[ghostguy123]

It seems like we are headed for another great depression on steroids, or a LOT of concessions need to be made fairly soon with dozens of countries.
Yeesh, I guess I'm personally just kinda stuck with my money invested where it is. This kinda sucks right now

 

[culdeus]

It seems like we are headed for another great depression on steroids, or a LOT of concessions need to be made fairly soon with dozens of countries.
Yeesh, I guess I'm personally just kinda stuck with my money invested where it is. This kinda sucks right now

The problem is why would other countries make concessions with us? An economic collapse of the US only hurts them because our stock market is basically their equity reserve too.

Can't wait to hear about stuff "on sale" today though.

 

[Capella]

Can't wait to hear about stuff "on sale" today though.

I mean if you’re investing for the long term, it is. If you think this is an end of the world economy thing I guess pull the rip cord. I’ll be buying more amz and nvda.

 

[pecorino]

Happy Capitulation Day everyone! I’ll be drinking for 72 hours—see you Monday.

 

[culdeus]

Can't wait to hear about stuff "on sale" today though.

I mean if you’re investing for the long term, it is. If you think this is an end of the world economy thing I guess pull the rip cord. I’ll be buying more amz and nvda.

Having things "on sale" is just a trigger. It's someone basically cheering the fact that stonks went down. The guy at the don't pass. Line fist pumping.

 

[Orange&Blue]

wish i had cash to buy right now

 

[Dr. Octopus]

Having things "on sale" is just a trigger. It's someone basically cheering the fact that stonks went down

Or it’s someone trying to take some silver linings from a bad situation.
I don’t think anyone is “cheering”.

 

[The Z Machine]

The guy at the don't pass. Line fist pumping.

Obviously not cool. Look, I don't have an issue with people playing the dark side (I've done it myself when the table is cold), but EFF them if they are cheering when the shooter fails.

 

[Capella]

Can't wait to hear about stuff "on sale" today though.

I mean if you’re investing for the long term, it is. If you think this is an end of the world economy thing I guess pull the rip cord. I’ll be buying more amz and nvda.

Having things "on sale" is just a trigger. It's someone basically cheering the fact that stonks went down. The guy at the don't pass. Line fist pumping.

Oh I agree with that. I’d just prefer my nvda go back to 140 please and thank you.

 

[steelerfan1]

Can't wait to hear about stuff "on sale" today though.

I mean if you’re investing for the long term, it is. If you think this is an end of the world economy thing I guess pull the rip cord. I’ll be buying more amz and nvda.

Having things "on sale" is just a trigger. It's someone basically cheering the fact that stonks went down. The guy at the don't pass. Line fist pumping.

i personally am not cheering the market went down, as it is nerve racking, but guess trying to make the best out of a bad situation. i may regret it as it could drop another 30-40% I guess, but I can't predict the future and since I have a good 4 more years to work, i'm hoping by then the market will be higher than it is today. FINGERS CROSSED...

 

[stbugs]

Can't wait to hear about stuff "on sale" today though.

I mean if you’re investing for the long term, it is. If you think this is an end of the world economy thing I guess pull the rip cord. I’ll be buying more amz and nvda.

Having things "on sale" is just a trigger. It's someone basically cheering the fact that stonks went down. The guy at the don't pass. Line fist pumping.

i personally am not cheering the market went down, as it is nerve racking, but guess trying to make the best out of a bad situation. i may regret it as it could drop another 30-40% I guess, but I can't predict the future and since I have a good 4 more years to work, i'm hoping by then the market will be higher than it is today. FINGERS CROSSED...

I’m not far away from retirement so I’m glad I have at least a large chunk (was around 30%, higher now) in cash to push in at some point. I don’t like the rest going down as it sucks but I’m not going to complain if I can counter the down with an extra return on the stuff sold before.

I will also enjoy the wife and I maxing out 401ks as well as my sons potentially investing at lower prices as well. Oldest has his work 401k and youngest has the most cash of the three of them and likes investing. I had been holding him from diving in and that looks good so far.

I might sell some stuff and buy some VRT/NVDA. Might sound goofy but I’m still waiting to reply cash and I don’t want to feel like I’m selling low without also buying low if you will. The cash I’ve built up so far has been selling high.

 

[djmich]

Can't wait to hear about stuff "on sale" today though.

I mean if you’re investing for the long term, it is. If you think this is an end of the world economy thing I guess pull the rip cord. I’ll be buying more amz and nvda.

Having things "on sale" is just a trigger. It's someone basically cheering the fact that stonks went down. The guy at the don't pass. Line fist pumping.

i personally am not cheering the market went down, as it is nerve racking, but guess trying to make the best out of a bad situation. i may regret it as it could drop another 30-40% I guess, but I can't predict the future and since I have a good 4 more years to work, i'm hoping by then the market will be higher than it is today. FINGERS CROSSED...

Here's one way to look at it. The market can go down another 20% and we'd be at....the end of 2023. The market has gone up A LOT for a while. There is meaningful risk, with or without tariffs.

 

[Ministry of Pain]

BUY! BUY! BUY!

-I've seen this story before my friends and it always ends the same
Market has a temporary burp/tank and then it sky rockets back and everyone says the same thing
"I wish I would have bought in when the market was way down"

March 23, 2020
Dow Jones - 18,591
Grow a set and get excited about the buying opportunities that await

 

[ghostguy123]

BUY! BUY! BUY!

-I've seen this story before my friends and it always end the same
Market has a temporary burp/tank and then it sky rockets back and everyone says the same thing
"I wish I would have bought in when the market was way down"

March 23, 2020
Dow Jones - 18,591
Grow a set and get excited about the buying opportunities that await

I'd guess most people are basically fully invested.....so where exactly are people getting money from to buy? Unless you mean their biweekly contributions.

 

[Desert_Power]

It seems like we are headed for another great depression on steroids, or a LOT of concessions need to be made fairly soon with dozens of countries.
Yeesh, I guess I'm personally just kinda stuck with my money invested where it is. This kinda sucks right now

The problem is why would other countries make concessions with us? An economic collapse of the US only hurts them because our stock market is basically their equity reserve too.

Can't wait to hear about stuff "on sale" today though.

Yeah. Levying Chat GPT derived tariffs isn't a credible negotiation starter.

 

[djmich]

It seems like we are headed for another great depression on steroids, or a LOT of concessions need to be made fairly soon with dozens of countries.
Yeesh, I guess I'm personally just kinda stuck with my money invested where it is. This kinda sucks right now

The problem is why would other countries make concessions with us? An economic collapse of the US only hurts them because our stock market is basically their equity reserve too.

Can you unpack this for me. Other countries wouldn't want to make concessions because if we collapse and it hurts them...that's good?

 

[Ministry of Pain]

BUY! BUY! BUY!

-I've seen this story before my friends and it always end the same
Market has a temporary burp/tank and then it sky rockets back and everyone says the same thing
"I wish I would have bought in when the market was way down"

March 23, 2020
Dow Jones - 18,591
Grow a set and get excited about the buying opportunities that await

I'd guess most people are basically fully invested.....so where exactly are people getting money from to buy? Unless you mean their biweekly contributions.

"Fully Invested" not sure what that means
Yes a lot of the country surprisingly does not invest in the stock market

1 politician does not control the market, we do
Panic and selling off is taking control after a run up of biblical proportions the last several years after it bottomed out due to...anyone...anyone?
That's right, FEAR!

March 23, 2020
Dow Jones - 18,591
Get Some!

 

[Dr. Octopus]

"Fully Invested" not sure what that means

all available cash is invested. He's saying not everyone has cash to spend, since we've had these buying opportunities since January.
I feel lucky that I can buy buy buy - but not everyone can. They're just getting buried in a hole that will take time to crawl out of,

 

[Ministry of Pain]

People cry because they missed the opportunity to purchase a home when rates dipped down under 3%
Back to the Future is such a fun trip, if only we could go back in time...

Well the market has now dipped down
44,873 on Feb 7th, 2025
40,545 on April 3rd, 2025
10% it's down in about 2 months?

Maybe it's not the best day to actually Buy, i give you that as the market seems to be in a free fall down but nobody cried when the market was going straight up and rich people got even richer thru the pandemic and the last 4-5 years.

From about the Election thru the start of December, the market was on a terror and went up like 10% in about a month and nobody was upset about that

 

[Dr. Octopus]

From about the Election thru the start of December, the market was on a terror and went up like 10% in about a month and nobody was upset about that

You're surprised people didn't complain when the market went up?

I don't think many in here are "complaining" - most people are talking about how to take advantage of the "down" market.

 

[JB Breakfast Club]

Put me in the afraid camp. The tarriffs are really bad. The government cutting jobs and lowering spending at the same time is also bad. The incoming inflation kneecaps the Fed's options. Communities have less to spend, higher prices, and a shrinking network to support those in need. Without a drastic change in approach, this is going to snowball out of control in a way we haven't seen for generations.

 

[Sand]

Having things "on sale" is just a trigger. It's someone basically cheering the fact that stonks went down

Or it’s someone trying to take some silver linings from a bad situation.
I don’t think anyone is “cheering”.

This.