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Stock Thread (24 Viewers)

You must be in the matrix already

:tinfoilhat:

eta or maybe I'm already inside
Maybe they don’t want you in their metaverse? Maybe clear your cache a bit. That Paw Patrol movie might put you on the avoid list based on that congressional hearing. Well, that or the extreme porn…

 
AMZN, FLGT, ZM and SHOP are up. MRNA and PFE are as well, but don’t own those.

Forgot about TDOC, up as well. 

 
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So I guess they’re blaming potential COVID variants because (my words) only half the country will be willing to spend ten minutes at a Walgreens every six months or so.
I’m boosted and ready. Really is sad that we here in the US couldn’t have been positioned better with vaccine supply (good ones too) to basically have this #### over already. Effing politics and social media giving voices to freaking crackpots.

 
So I guess they’re blaming potential COVID variants because (my words) only half the country will be willing to spend ten minutes at a Walgreens every six months or so.


It's nuts.  The sheer laziness of people. Not their fear is driving this situation. Everything is red. 

 
😂 😂 😂 

My Repligen stock (RGEN) is up 7%. Just a reminder than REGN is the stock symbol for Regeneron. Just a reminder to the folks in here how stupid many people are. When I buy stocks in Fidelity and type in a symbol and the name of the company isn’t what I expect, I typically don’t just hit buy.

 
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Still pretty green today. I’ll take it.

Damn, just like that, even. WTF is AMZN red now? Barely red, but this is the type of day it used to star on. I’ll still take flat on a day like this.

 
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They don’t even know anything about this new strain yet. The market is so stupid. 
 

So we are just going to see OMG NEW STRAIN in some country where 7% of the people are vaccinated and sell off 3% forever? How does this make sense?

 
Solidly green today with FLGT hulking out. A couple reds but overall solid. 
I have been but bouncing around. AMZN’s been a bit of a surprise as it was green as I figured it would be but is now red. If that goes flat or green, I’ll stay green.

 
Capella said:
They don’t even know anything about this new strain yet. The market is so stupid. 
 

So we are just going to see OMG NEW STRAIN in some country where 7% of the people are vaccinated and sell off 3% forever? How does this make sense?


Problem is cases in the US are already well past their trough and you throw a new variant in. It isn't a particularly large move today though. There was already an undercurrent of  the reopening/inflation trade being overvalued. Oil prices have already been falling for weeks. These type of flare-ups with Covid variants are likely to happen for years.

I'm a slight buyer of VOO just because I'm past my max on 401k so like to buy any dips around 3%.

 
Capella said:
They don’t even know anything about this new strain yet. The market is so stupid. 
 

So we are just going to see OMG NEW STRAIN in some country where 7% of the people are vaccinated and sell off 3% forever? How does this make sense?
Probably because (1) the market is hugely overvalued right now, with PE ratios through the roof (2) people are sitting on HUGE gains so there will be tons of profit taking and (3) the combination of year-end plus a new COVID variant are now providing an easy sell trigger.

 
Capella said:
They don’t even know anything about this new strain yet. The market is so stupid. 
 

So we are just going to see OMG NEW STRAIN in some country where 7% of the people are vaccinated and sell off 3% forever? How does this make sense?
Welcome to the short term noise that creates long term opportunity.

Be patient because the real selling is still yet to come at some point. 
 

Sitting 30% cash and waiting for that real reaction to whatever the market wants to react to. Then boom we go shopping.

 
Todem said:
Welcome to the short term noise that creates long term opportunity.

Be patient because the real selling is still yet to come at some point. 
 

Sitting 30% cash and waiting for that real reaction to whatever the market wants to react to. Then boom we go shopping.
Have you taken profits on stocks we discussed before like Boeing or holding for the long haul?

 
Futures up big right out of the gates.  Nasdaq +1.12% a few mins after futures opened.

I think people are realizing the omicron thing was an overreaction, especially now that it's come out it is a less lethal strain.

 
Todem said:
Welcome to the short term noise that creates long term opportunity.

Be patient because the real selling is still yet to come at some point. 
 

Sitting 30% cash and waiting for that real reaction to whatever the market wants to react to. Then boom we go shopping.


Sitting on cash and waiting for some inevitable dip is normally the wrong move as often the market will be higher even after the dip than it is now.  Unless you time the dip perfectly, being early is the same as being wrong. 

The economy is super strong and the market is just going to keep going up.  People have been waiting for the dip for 10+ years now. 

 
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