BORR finally starting to move back up. I read an article that predicted we're going to see a shift from pandemic stocks (zoom, tech, etc) back to "reopening" stocks, i.e. banks, energy travel. I bought UBER back in September and already it's been going up nicely since.

You guys who have CDEV are looking pretty fly.

That's the reason I dont stress AMC dips and buy more. Even if it doesn't squeeze (has to eventually, numbers dont lie) as theatre openings start increasing the stock will move up at least enough to make a small profit. Yes, it was slowly dying before COVID but people miss going to the movies now. It will profit substantially at the very least for a year or so.

The market will keep bleeding red until you all throw in the towel.

Nasdaq in official correction territory. Down over 10%.

What does "official correction territory" mean?

Does this have any relevance to timing your investments in our current environment?

Market down, GME up is a trend.

A lot of NASDAQ high flyers are down 35-40-50% from their recent highs.

What goes way up too quick, must come down too quick.

People here were losing their shit on 2-3% drops, which is really nothing and many times is consolidation on sideways movement.

10% drop has significance and the downward trend is official IMO around this marker.

Yeah I'm thinking there will be green days like yesterday but followed by more deeper red. Like one step up, two steps down, for a while.

When there's that much upside in the bull people are taking profits, it's just what happens. Especially with s much uncertainty still around what type of recovery there will be, how long, etc. If millions of people are on limited or no income, it's not like everyone;s gonna be ready to hop on planes and spend money.

Boy. Powell didn't do the markets any favors with his words today or for the near future.

I'm sure Biden's stimulus blockage didn't help either. If/when we finally get another one the market should perk back up nicely at least for a few days.

Mark Cuban’s Mavericks to Accept Dogecoin for Tickets, Merch

I dumped Deere this afternoon. Lew was right. I should have put a trailing stop in. I wanted to sell Monday but though hell it’s on a run counter to the market. LET IT ROLL. That was the top.

I really want to tie out their EOP deadlines are to their earnings reports. I have a pretty good handle on the ag market. Turf is pretty flat. Construction is typically pretty stable. I know ****all about forestry, but I think I can capitalize on the flex in the ag sector.

Just hanging on.

Sad times out here. I’m loading up on Rolls Royce with liquid funds right now. Don’t think it’ll go any lower but will likely rebound heavily in the coming months.

After sleeping on it I'm considering trimming about 10 stonks, locking in losses for tax purposes and rolling into recovery stocks like AAL,CCL. Bottom line is ,whatever your portfolio is worth right now is what its worth so why not make a pivot ,grab a tax break at the same time. Might add some AMC also as even if the squeeze doesn't happen it should still double this year from where its at.

<iframe width="560" height="315" src="https://www.youtube.com/embed/dGsqmMcvO1g" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>


This guy talks faster than I can hear. ROFL

More BLOODBATH!

Panic selling!!!!

Time to check the watch list to see what's on sale today.

GTE making a move. Oil stonks?

Do we get a nice opening bounce followed by more pain to end the day?!

Seems suspicious to me. Bull trap.

In profit on BORR.

How long do I let it run?

That’s what I’ll speculate too. I’m not dipping my toes back in until clear reversal signs and when I do it will be progressive exposure when opening new positions.

And so far, again. This shit makes no sense.

XOM has been doing pretty well for me.

My only green today . At least for now

Sold 5% of my ARKG and 20% CCIV and put it in AMC, PLTR, GGTTF

Not even looking at this ****ing assbag anymore.

Placed limit sell orders and praying they get filled in the next 60 days.

I bought more 20 more shares of AMC as well. When I'm a multi-millionaire I'm buying the rights to CP from AC and bringing back Hootie and Thig Lyfe.

I thought these were your stonks?

Go here to see what Cathie is doing

https://cathiesark.com/ark-funds-combined/trades

LOL, This is called tough Love for the stock trader. Time to shut down any device that lets you peek at your portfolio and get on a boat for a few weeks which I plan to do in May.

i pulled back the chart and stonks only go up

however i won't sell anything at a loss - i refuse to do that

and no sell orders on FRX or CCIV - i see long term gain with both

Here you go, follow this guys advice because he's DeadNSyde

<iframe width="560" height="315" src="https://www.youtube.com/embed/zdG98Je2JzA" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

I can see the weak hands starting to get flushed. The correction has a little more downside left.

Called this drop perfectly.

This old dog has seen this too many times before.

Was just watching a youtuber and he brought up a Great point about this dip.

We had a huge correction last year in March. (The Covid crash)

So when that happened there was TONS of investing on that dip.

Now its 365 days later. Investors are taking profit because of the tax implications of holding the stonks for 1 year.

Common sense says there has to be some truth in this.

If you stand on your head and look at the ticker, everything is fine.

That's a good point. I was actually waiting for a year to pass before selling some of the stocks that I bought in the dip (I purchased many on 3/11). The market bottomed out around March 20th.

That's a really good point. Maybe I should buy some more cruise ship stock.

The market will go up a couple days, suck people back in and then one last final flush.

I think it’s more than just profit taking. There are some real indicators that aren’t great. Fuel prices unemployment. The treasury bond stuff I posted about a few days ago.

Here is a quick question for the novices: what possible positive news, events or market changing dynamics like a rate drop is on the horizon?

The answer to this will give you your answer to the market direction.

I think the only events/market changing dynamics are the eventual reopening of society. People do have money to spend (by and large) and a lot of pent up energy. That, rationally, should be good for the economy/market.

But if there's one thing we've learned over the past year, it's that the market does some funky shit sometimes.

Yeah, and I feel like that's already priced in on a lot of stuff.

Except the soft drink stocks for some reason. The big ones haven't recovered. I'd read that their business was down due to restaurants selling fewer, but you'd think that they'd bounce back as we get closer to opening. KO and PEP are still down from last March, and Dr. Pepper is down for the year (though up from last March). At my age, I kind of like those stocks in general because I think they (usually) give me a reasonable return with low risk, and that's where I want to be these days.

HOW ABOUT THE ECONOMY REOPENING!

Stimulus
Positive vaccine news
Economy news on opening back up
Economy actually starting to open back up

CCIV may drop as low as $10 according to Jeremy Lefebvre

That's way less than $100 as advertised here.

Hope so, then I can average way down and then get rich when they start manufacturing.

I'm actually having a really good day. GME up again and I've been buying dips all day averaging down my shitbirds to a level they should actually end up being profitable in the next month.

Good. Every hedge fund asshole in America will buy in.

What about your ETFs and quitting this bro?!

AMC interest rate moved to 11.2%

Shut up

Add a likely Infrastructure bill to follow 1.9 trillion in stimulus
Checking accounts holding double the money than right b4 the pandemic
Economic data already looking better than expected. ISM Manufacturing put up the best number since 2004.

Inflation - we've been looking under every rock & bridge for this thing for a decade. Shit's harder to find than Where's Waldo. Silver prices, Lumber, consumer spending inbound. It's coming. As long as it doesn't run outta control it'll be good.

I can see plenty of good things. Granted, the markets ran a lot already. I've thought a pullback would be good for a while. This hasn't been it. When we were down early today we were all the way back at S&P values from early February LMAO It's hopefully helped reset a bit of the overly speculative trading in certain area's

Does anyone have any good podcast that they recommend on investing in stocks?

This thread has been helpful, but I was just on the road for 8 hours today and was thinking how a podcast of such would be nice.

What did Kathie buy today........

https://cathiesark.com/arkw/trades

Interesting that she's selling AAPL,AMZN,FB.GOOG

Buying loads of TSLA and ROKU for days

Uncle Bruce is a great listen. I'm not sure if he's a regular podcast but like today he was on for nearly 8 hours. Former wallstreet broker . Knows it ALL.

<iframe width="560" height="315" src="https://www.youtube.com/embed/mtZ1eB8LcQQ" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

I don't know about you guys, but my portfolio sure took a big swing today. This morning, I was down 10%. Almost everything in my portfolio was red again. But at close, I was up 10%. Most everything was green, and OZSC was up 75%. Nice to see. Hopefully more green days ahead. I've taken a real blood bath the last 3 weeks.

Thank you sir, I’ll check him out!

You realize these are all already factored in? :doh!:

The market is a LEADING indicators not a lagging.

You sir gave two excellent future looking potentials.

The others are all giving answers baked into the market already.

is there a way to invest in particle board and particle board furniture? that shit is EVERYWHERE.

Reviewing charts.

One I like is TCS. Container store (which is awesome!)

Might fit your criteria.

i'm horney!!!

https://pbs.twimg.com/media/Ev0WNMMW...jpg&name=large

I like that it's here, but Casa Grande? S bound I-10 gonna suck bad in the mornings. My side of town is where heavy traffic alleviates. This will temper that a great deal. Both east and west.

That is a hefty volume goal of 800k cars per year. Tesla delivered 500k in 2020 and that’s the category leader. Lucid starting with a luxury model is the lowest model volume category behind coupes. Gonna be a while before most of this plant is used but if the quality of the cars is there these guys are set up for long term succeeds. Long hold on this stock could be a good play. 25 bucks right now

I like my stock picks because of their long term potential. They’ll be back.

NIO is the only one in question for me

What do you have?

I took profits on the ones I felt pretty good about and am left with ones I'm meh on.

In my (basically gambling) account:

I have Disney, which I was pretty high on, until the whole cancel thing reared it's ugly head - knowing my luck as soon as I buy stock, cancel culture will break a company.

I'm up pretty good on Exxon, just looking for a place to get out, I don't think that's a long termer.

NIO - I might hang on to that awhile, it's just one share, but it's been a dog.

Counting my wife’s account, this is what we are invested in:

Apple
Microsoft
Paycom
NIO
Tesla
Roku
Square
Airbnb
Berkshire BRK-B
Appfolio

Right on. I’ll look at some of those. Apple and MS have run up so much I’m chicken. I’ll look at some of the others. Thanks!

I still think that the stimulus passage was already cooked into the current pricing and the bigger issue we see is the run-up on safe yields from treasuries.

Indices are dropping because TNX is rocketing up.

Valuation theory 101. All a stock is worth is its future cash flows discounted to present value. The rate for discounting is set to a 'risk-free rate', which is often set to TNX for convenience. When TNX goes up, valuations go down. It is an exponential relationship, which is why a small move in TNX can crush stocks by a lot because people can park money here risk free.

TNX could still go up to around 2.00, so there is still a lot more room to drop for many stocks based on current pricing.

It's not really a 'dip' if the fundamental valuation for equities has changed.

I still expect a drop this week, although we may have a large 1-2 green days in the mix.

I agree I call it a check Mark day/week. Two steps down one step up.

TO THE MOON!!!

Any doubters changed their tunes on GME yet? As a stock, not a company. Two straight weeks of growth now despite the rest of the market taking a shit.

CCIV touched $20.40 Friday.

Wow!

it's all profit :evil: