Stock Market, Business, and Investing General - News, Tips, etc
- Thread starter Feline Darkmage
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Allstar Health Brands ALST has never really been much lower than the 5¢ it's trading at right now and they picked up a distribution deal to sling Canadian cosmetics in Mexico, just in time for masks coming off. It's a sleeper and my new favorite penny. I believe.
Good call, CLOV went up. I'm not rich, but I threw in a little bit of money to get my feet wet, made a bit back.
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I'm glad people are taking the time to invest into the stock market, I just hope you do your research and take the long view in investing.
So now I'm going to give you people a heads up.
NOTE: This may happen or it may not happen. It depends on the politics that will happen in a few weeks. My comment what might happen WILL effect the entire economy.
So here goes.
1. Unless Government, Both state and federal extend Mortgage Forbearance after June 30th Hundreds of thousands of homes (stated 2.7 to 10 million homes on line... I'm going with a lower number) are going to flood the market on a month to month basis. This will cause the housing market too cool down. This will directly affect the stock market, mostly in a downward fashion.
Just remember banks and other financial institutions do not have to do anything and what I'm hearing is that... THEY WANT THEIR MONEY NOW. Because they think they will make their money back by reselling the property in question.
2. Rental extension. June 30th it ends. I know for a fact that millions of people are back due on their rent. Property managers are chomping on their bits just waiting to get their money ONE WAY OR ANOTHER. That is a fact in the rental business. You take a loss and write it out on your taxes, but people will be evicted. This will too affect the stock market as thousands of people are tossed out to the streets and LIBERAL MEDIA picks up on it, which will affect the stock market.
Again Unless Government, Both state and federal extend this, it will be up to the property managers/owners/corporations on what they want to do. I can see a lot of people getting kicked out on the streets. I can also see the race card being thrown as well. But that is not my problem nor any property manager concerning back rent. The color of money is green and all we care is getting what is signed in our contracts.
Note: I don't have this issue of non payment as all of my lease holders have paid me on time. The reason is I don't price gouge my leases. I think of long term continual passive income with my lease holders. Also yea I am aware that back in April Biden signed in some funding on this but I don't believe it will be enough as well as enough people being qualified in doing so.
Again these 2 things mentioned above could happen but it depends on what does the State, Federal, and local governments do. If the governments screw up well this will affect the stock market. If they do something then the market will be alright. But personally our government can fuck of a wet dream so my confidence right now is not all that good. I do have my reasons to be pessimistic as I see needless greed by many corporations raising prices up on everything. IMHO They are doing this because they are not afraid of the Biden Administration. They are doing as much as they can under the pretext of (insert your disaster scenario) excuses.
In my case I'm waiting for the next major situation to happen before I make my move.
So now I'm going to give you people a heads up.
NOTE: This may happen or it may not happen. It depends on the politics that will happen in a few weeks. My comment what might happen WILL effect the entire economy.
So here goes.
1. Unless Government, Both state and federal extend Mortgage Forbearance after June 30th Hundreds of thousands of homes (stated 2.7 to 10 million homes on line... I'm going with a lower number) are going to flood the market on a month to month basis. This will cause the housing market too cool down. This will directly affect the stock market, mostly in a downward fashion.
Just remember banks and other financial institutions do not have to do anything and what I'm hearing is that... THEY WANT THEIR MONEY NOW. Because they think they will make their money back by reselling the property in question.
2. Rental extension. June 30th it ends. I know for a fact that millions of people are back due on their rent. Property managers are chomping on their bits just waiting to get their money ONE WAY OR ANOTHER. That is a fact in the rental business. You take a loss and write it out on your taxes, but people will be evicted. This will too affect the stock market as thousands of people are tossed out to the streets and LIBERAL MEDIA picks up on it, which will affect the stock market.
Again Unless Government, Both state and federal extend this, it will be up to the property managers/owners/corporations on what they want to do. I can see a lot of people getting kicked out on the streets. I can also see the race card being thrown as well. But that is not my problem nor any property manager concerning back rent. The color of money is green and all we care is getting what is signed in our contracts.
Note: I don't have this issue of non payment as all of my lease holders have paid me on time. The reason is I don't price gouge my leases. I think of long term continual passive income with my lease holders. Also yea I am aware that back in April Biden signed in some funding on this but I don't believe it will be enough as well as enough people being qualified in doing so.
Again these 2 things mentioned above could happen but it depends on what does the State, Federal, and local governments do. If the governments screw up well this will affect the stock market. If they do something then the market will be alright. But personally our government can fuck of a wet dream so my confidence right now is not all that good. I do have my reasons to be pessimistic as I see needless greed by many corporations raising prices up on everything. IMHO They are doing this because they are not afraid of the Biden Administration. They are doing as much as they can under the pretext of (insert your disaster scenario) excuses.
In my case I'm waiting for the next major situation to happen before I make my move.
Banks and Oil seems like good investments for the moment. Though I'm neet autist so don't take my word as gospel. I got some good returns on $PBR. USOI seems good too. Peak was like $25 months ago. Still cheap to get into big time.
I’m short real estate (holding DRV). I can barely contain myself.
Spasticus Autisticus
kiwifarms.net
Just make sure you know what you're investing in when you're buying anything oil-related (or any commodity for that matter). As an example, if you invested in USOI at the start of 2020 you got absolutely fucked when the futures market went nuts at the start of the pandemic, and even though crude oil prices are now higher than they were in 2019, USOI is still way under where it was in in 2019. That's because USOI is a fund that does a covered call strategy on USO, and USO is based on futures. It's a complex instrument that has a lot of risks.
Blake Chortles
kiwifarms.net
If you wanna boomer it up like me and make modest gains in oil and banks just do the sector etfs. Xle and xlf. Dividend is this month i think too.
Yeah but they are all fucked...
Blake Chortles
kiwifarms.net
Why? Banks rely utterly on the price of oil, energy obviously does. Biden shut down energy independence day 1 causing prices to rise and shoveling pork to “clean energy” parts of the sector. That energy etf is up 40% since he took office.
I’m struggling to think of a bear case for oil not reaching 100 bucks again end of year. A new pandemic?
As for memes I made a few k on CLOV and will be selling wish at open for several k. Wish got botted on wsb heavily mid morning yesterday so I bought a couple calls and a few hundred shares. You might think thats risky but with new memes usually the worst thing that happens if they don’t catch on is they stay flat. Clne is the big one for today but i sold too early yesterday morning.
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The economical decline under biden outpacing his retarded anti oil plans.
Blake Chortles
kiwifarms.net
They can stretch this to midterms if necessary before the normies start to notice. At bare minimum the rest of the year. The market is completely supported by the Fed and jumps up every time theres bad economic news. The stock market and the economy have an inverse relationship at the moment.
Yeah, but not the oil market. weak demand from outside the US is about to kill the price and you also need more than a sudden spike to get the whole oil industry up.
Banks can also melt down any day with the giant amount of bad debt they carry.
Sure there is always money to be made, but its all pretty high risk.
small caps are even worse, alot of interesting industries are in danger from imploding. When the Retarded Ark lady blows her stupid ETF alot of STAAAWK will burn for no reason but beeing in the same field as she invested in.
i like gold right now, its safe against inflation and will be stable once the market goes into melt down.
I just dont wanna play right now, risking thousands to make small gains is not sexy, just waiting for the storm to buy up a couple of good stock that will tank for market reasons...
Thoughts?
The US Senate has passed legislation that provides more than $250bn to help maintain a competitive edge over China in areas including artificial intelligence, quantum computing and semiconductors. I know Intel and another company (I think TSMC) have pledged to build fabs in the US as well.
The US Senate has passed legislation that provides more than $250bn to help maintain a competitive edge over China in areas including artificial intelligence, quantum computing and semiconductors. I know Intel and another company (I think TSMC) have pledged to build fabs in the US as well.
Oil is hitting the brakes on product builds; I’m long oil companies in general but my idiot strategy of “hold both NRGU/NRGD and pair trade“ is kind of the only thing I want to touch about a pretty disaster ready portfolio.
Retail seems to be market making on stocks, as I discovered today when a diversified REIT I was holding (MDRR) jumped 23% due to what I assume is Redditors learning what a REIT is and buying whatever was around $1. Probably just gonna scope $1 stocks with inside baseball profitability numbers and wait for the scalpers.
Retail seems to be market making on stocks, as I discovered today when a diversified REIT I was holding (MDRR) jumped 23% due to what I assume is Redditors learning what a REIT is and buying whatever was around $1. Probably just gonna scope $1 stocks with inside baseball profitability numbers and wait for the scalpers.
ARKK and other Ark investments are probably good ETFs to hold here, since Cathie Wood is also doing her own digging about the profitability of tech. Intel said the supply crunch is going to last until late 2022
Per a little birdie that told me, any of the Credit Suisse X-Links. They also have good Dividens. USOI, SLVO, GLDI, REML
Spasticus Autisticus
kiwifarms.net
Going to repeat my advice earlier: if you buy any of these make sure you understand what they are. These are all ETNs that are leveraged and can move in ways that don’t have a connection with the broader market segment they are in. Look at how their price moved during the Feb-Apr 2020 time frame to get a sense of this.
STAG and MAIN
I had been looking at stag earlier but decided to diversify some instead.
Stag is nice for a reit plus it appears there are two avenues of growth with it; dividend and capital gains. They aren't the most diverse, however, one of their biggest clients is Amazon. I haven't looked too far into it, but, their growth may be directly tied with Amazon. What did you end up going into instead?
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