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(Formerly a) Niggo(?)
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We are about halfway done with the crash,...If pensions melt away there is a decent chance of armed revolution by people who no longer fear death.
How old is the average age of that mob going to be though? Really?

is now a good time to invest in stonks when they eventually rebounce back to normal?
Getting close but normal going forward is relative depending on how the dollar reacts to getting unseated as the reserve currency for the world in exchange for likely gold again. If you know what you're doing as a sophisticated investor, you're making more money now than you will at any other time in the market, most likely. If you don't know what you're doing as a sophisticated investor in these market conditions, now's an unforgiving brutal time to learn. (IMO, we're getting close to answering yes for n008s depending on your investment timeline and your objectives getting into the market. Especially if you're investing in gold mining companies or foreign companies with strong balance sheets who pay out regular dividends. All those distinctions are very important in the current market conditions, as pretender to be profitable companies will be going bankrupt soon without bailouts which aren't guaranteed to arrive to save their corporate ass.)

i'd wait, i think the real issue here is that nobody knows what prices should be, which is why we're getting wild 5%+ swings on the indices every day. i'm currently shorting the the major ETFs (SPY/DIA/QQQ) and have some calls on pharma co's. i don't think it'll work out but we'll see. it's just really wild out there right now. long term, we're in a recession without a doubt, the virus was the major domino here. i would plan accordingly, but that's just me.
You're likely speaking a foreign language to deadwaste here (no offense to him intended especially if I'm wrong), but this post goes to my point about sophisticated investors banking as the NAV's fall. If you know what you're doing you make money when the market goes up and you make more when it goes down, that's sophistication at work but it requires a financial education level far beyond your normie's grasp without work on their part to change that.

Who knows? But by being smart you can mitigate the risks, and by being smart I mean diversifying like a motherfucker!

I started my investing today. ...

Aim is to earn 100-200% profit within the next 10 years. I will not be able to time to the bottom so I will not even attempt to. Instead, buying index at reasonable prices will give me the average market performance and I predict this downturn will last no more than 3-4 years max. As long as I keep buying more (and central banks will go BRRRR) I will do just fine in 10 years time.

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If you've never invested into stocks, we are now at about 2017 levels. It is still not cheap but it is not massively overpriced either. I would say they are about "normal"-ish now, situation notwithstanding. If you start saving a small sum into index funds now you should be able to make a nice profit within the next 10 years. Try saving a monthly $100 or so into an index fund or two to see how it goes and go from there. Remember that stocks are held for a long time: if you are going for a quick profit may I suggest roulette wheel instead?
Hey, at least you have a plan and are committed to unemotionally implementing it, that's half the battle and puts you ahead of a lot of others. I disagree with some of your definitions here and there but at least you're going to learn something and have a chance to capitalize on that knowledge. Round four of quantitative easing might kill the dollar for good for the world though so how far the market can fall is still relatively undefined potentially depending on how the reaction to this round plays out, others swore round two would put the bullet in the dollar before and yet here we are surpassing cash injections now that make the other three rounds previously look like a children's party game by comparison.
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How much further do you think Mouse Corp will drop before things swing back up? I'm tempted to bite.
They fucked up Star Wars income streams in six years of ownership, there is no limit to the floor since that's the case and Iger is leaving which means new 52 week lows are in play soon too. How does their balance sheet look? What is their cash flow situation?

I think the bigger issue is that they own so many properties and have so much debt. They could potentially collapse at some point, depending on how Bad things get for them. I believe they recently took on 6bil more debt to pay off older debt.
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Look at all that ESPN in the main circle. Cord cutting is eating them alive and it won't stop.
 
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Cure Milquetoast

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Tonto

kiwifarms.net
How old is the average age of that mob going to be though? Really?
Given how the US quarantine is being handled, they'll be dead. Wouldn't worry too much, but the image of a Mad Maxian geriatric convoy riding to liberate California is funny.

Round four of quantitative easing might kill the dollar for good for the world though so how far the market can fall is still relatively undefined potentially depending on how the reaction to this round plays out,
Sure. But we all need to eat, live in houses and use electricity. And in any case I'm diversifying to dollar, euro, sterling and yen based indexes over the next 80 weeks or so. That should bring me pretty close to the average performance of world economy. I'm guessing we're going to drop another 60% from these levels 'cause that would make us about equal to 2008 disaster levels. Then it flattens out and begins a gradual recovery in 2023-24. Timing is a fools errand, but buying over time on a U-shaped curve is profitable. Who knows?

And as for the dollar? The rest of the world is even worse with money so for better or worse, greenbacks will stay around for a long time.
 
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Picklechu

kiwifarms.net
Payment stocks are going to blow the fuck up after all of this is over, so I've bought a fuckton of Discover and American Express, since they're a bit more exposed to everything that's going on right now than Visa or Mastercard, and have therefore lost more value as a direct result, making them a better deal IMO. They could still dip some more (who knows where the bottom really is?), but I'd be shocked if it doesn't recover relatively quickly (and if I'm wrong, I can easily afford the loss). I thought about buying more shares of Square or even PayPal, but I think I'm going to wait and watch; maybe after my next paycheck.

I also bought more shares of Ally and Capital One, since they're fairly exposed to auto loans (one of the main reasons they've lost so much value), and the latter also has an enormous credit card portfolio that's primarily targeted at borrowers with average to below average credit scores. I also bought into Alliance Data Systems, and threw some yolobux at a few other things.

If Disney drops any more, I legitimately may put an entire paycheck into it.

I kind of wish I had bought Blue Apron at $2.60 like I joked about on here a few weeks ago, since the price has quintupled since then.
 
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dopy

NO NO NO NOT THE AVATARINOS
kiwifarms.net
Why would the overall trend be linear?
you can see that the previous few corrections either passed into the price channel or bounced off of it. who knows what could happen this time. just felt like pointing it out.
 

Tonto

kiwifarms.net
If history repeats itself, sometime during the next 2-4 years we'll see the bottom which (I'm guessing) is between 600-800 on that chart. Then it starts to climb back up again, forming that U-shape you see after 2000 and 2008. Buying during that period is very profitable as long as you buy steadily.

The opposite is inverted U which you can see f. ex. 1998-2002. Buying during that time and then selling at the end was a big loss.
 

Picklechu

kiwifarms.net
Payment stocks are going to blow the fuck up after all of this is over, so I've bought a fuckton of Discover and American Express, since they're a bit more exposed to everything that's going on right now than Visa or Mastercard, and have therefore lost more value as a direct result, making them a better deal IMO. They could still dip some more (who knows where the bottom really is?), but I'd be shocked if it doesn't recover relatively quickly (and if I'm wrong, I can easily afford the loss). I thought about buying more shares of Square or even PayPal, but I think I'm going to wait and watch; maybe after my next paycheck.
On Discover alone, I've already made $11.05/share. If it gets back to where it was on Valentine's Day (by no means a guarantee), that will go up to $52.42/share.
 

jje100010001

kiwifarms.net
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Cure Milquetoast

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kiwifarms.net
Lmao Luckin Coffee's stock collapses because like many numbers in China, profits were made up:

Remember how they were the media darling for rivaling Starbucks just a year ago?

View attachment 1212608
https://www.fastcompany.com/90457552/luckin-coffee-most-innovative-companies-2020 (Archive)

April 2nd:
View attachment 1212602
https://twitter.com/CNBCnow/status/1245698219004264449 (Archive)

And this rube was telling people it was all fine just the day before:

March 30:
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https://twitter.com/_mm85/status/1244700128440733696 (Archive)
Wow, that aged like an avocado.
 

melty

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True & Honest Fan
kiwifarms.net
Unemployment worse than all estimates, so naturally the market goes up. Very normal, very cool.
 
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Not Really Here

Something's wrong with my neck sleeve
kiwifarms.net
markets are broken, stay the fuck away. if you buy coins, eat the premium of the coins at your local dealer, paper gold is about to implode because nobody can deliver the gold backing the paper.
Gold and silver chains at pawn shops and local retailers as long as they aren't marked up more than 10% over metal value.
 

jje100010001

kiwifarms.net
Lmao Luckin Coffee's stock collapses because like many numbers in China, profits were made up:

Remember how they were the media darling for rivaling Starbucks just a year ago?
April 2nd:

https://twitter.com/CNBCnow/status/1245698219004264449 (Archive)
Amazingly, Chinese netizens are actually rallying by Luckin's side. Tells you all you need to know about CCP nationalism, and the whole CCP attitude to business.

In an online survey (link in Chinese) initiated by news portal Sina Tech, more than half of the 80,000 or so respondents chose the option “I accept Luckin’s apology, it is still a national champion as long as it corrects its mistakes.”
Why is US capital allowed to finance Chinese firms again? Especially considering that Chinese accounting has always been dodgy and unaccountable?

https://qz.com/1833297/fans-rally-to-aid-chinas-luckin-coffee-after-fraud-scandal/ (Archive)
 

the fall of man

nothing and nobody
True & Honest Fan
kiwifarms.net
So is this a dead cat bounce right now or what?
Markets are high on inflationary policy (more dollars means equities are worth more comparatively). Focus on solid buys - banks that get Fed dollars, Costco, consumer goods - because when we “beat“ coronavirus, we’ll still be dealing with mass unemployment and massive debt.

Edit so I don’t double post: Right now, I’d take the following as my lucrative long-term opportunities:

BLK - Blackrock is the financial entity that is weaponizing the Fed/treasury relationship. They’ve rebounded 10% and stand to get rich off the money printer.

COST - Costco is killing it in general and is a generally safe equity and fantastic company

HRL - Hormel, ConAgra, etc will likely post killer Q2s. Consumer goods in a recession, et al

EARN - REITs tanked real hard on the bad news and are starting to rebound. They may tank again later when the “real” recession hits, so that might be the time to pick a survivor and juice it for spare change

SVXY - Volatility shorts are a good way to capitalize on market moves back to “normal” (and a great way to lose money in a crisis). The proverbial picking up nickels in front of a steamroller.

Disclaimer: I am not a financial analyst and I frequently lose money by selling my trades too soon, Do not trust my posts as I am an idiot.
 
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