The Investment Thread (5 Viewers)

[Turfie]

All in is like 2 shares, right?

Wife said no more shares at least 10 times. I think this time around she really means it.

 

[St. Geezy]

Liquidated my portfolio and went all in on GME right before market close. Going to ComputerShare the rest of my brokerage GME and then wait for the tendieman to come.

My actual retirement plan through my employer is unchanged.

Wife said no more shares at least 10 times. I think this time around she really means it.

They just don't understand!

 

[bclemms]

Anytime I see the Nasdaq going up in the green and the DOW going down in the red I get defensive. Just bought a few 8 day call options on UVXY as a hedge.

 

[efil4stnias]

will someone PLEASE explain to me the relationship between TECH and Interest rate increases?

I cannot for the life of me, figure out the connection other than to think it has to do with chips/materials??? Or does it have to do with the investor side?

cuz DAYUM, every time we hear rumblings of interest rate hike, my tech gets HAMMERED

 

[bclemms]

will someone PLEASE explain to me the relationship between TECH and Interest rate increases?

I cannot for the life of me, figure out the connection other than to think it has to do with chips/materials??? Or does it have to do with the investor side?

cuz DAYUM, every time we hear rumblings of interest rate hike, my tech gets HAMMERED

First, most of them have massive debt and don't actually make money meaning they are speculative in nature. So they are paying more no the debt and they don't have money that earns money on a balance sheet.

On the back end, the higher interest rates go the more investors will look towards low risk options providing guaranteed money meaning profit taking in stocks and more purchases in treasuries. It's simply a risk off play that is magnified in speculative stocks.

 

[Tapxe]

my tech gets HAMMERED

Hedge funds are selling tech shares at their fastest pace in a decade as rates spike

The hedge fund community dumped tech stocks in the four sessions between Dec. 30 and Tuesday as interest rates spiked.

www.cnbc.com

Tech stocks are seen as sensitive to rising yields because increased debt costs can hinder their growth and can make their future cash flows appear less valuable. The tech-heavy Nasdaq Composite has sold off more than 3% this week, underperforming the S&P 500, which dipped 1% during the same period.

Confirms what Bclemms was saying.

 

[Turfie]

Tendieman? Is that you?

 

[St. Geezy]

Someone told me to buy this this morning, and I didn't.

 

[Turfie]

I remember when BBBY announced they were buying back shares in after hours one day. The whole meme basket got lifted.

Here this evening, the WSJ writes that GameStop is forming a NFT and Crypto division. (This was already known, but GameStop hasn’t, and still hasn’t, made any announcement of any kind).

But this AH boost caused the entire basket to go up.

To me, this confirms (again) that the games are being played with the ETFs.

 

[St. Geezy]

I remember when BBBY announced they were buying back shares in after hours one day. The whole meme basket got lifted.

Here this evening, the WSJ writes that GameStop is forming a NFT and Crypto division. (This was already known, but GameStop hasn’t, and still hasn’t, made any announcement of any kind).

But this AH boost caused the entire basket to go up.

To me, this confirms (again) that the games are being played with the ETFs.

It’s so eye-opening how obvious it all is for anyone paying close attention. Same script - an administrative procedural requirement causes a run-up, so they create or fabricate timely news to justify it. What a sick game.

 

[St. Geezy]

Exited IMMX at market open yesterday. Appears the party is over on that one. Made out with profit from playing the swings during the week, but definitely nothing like I was expecting.

 

[EGLSShin]

Bitcoin network power slumps as Kazakhstan crackdown hits crypto miners

The global computing power of the bitcoin network has dropped sharply as the shutdown this week of Kazakhstan's internet during a deadly uprising hit the country's fast-growing cryptocurrency mining industry.

www.reuters.com

Thats WILD.

 

[Turfie]

Exited IMMX at market open yesterday. Appears the party is over on that one. Made out with profit from playing the swings during the week, but definitely nothing like I was expecting.

I sold at 7.23. I actually scooped up some shares again today at 4.99 this morning. I think we could see another bounce soon.

 

[Turfie]

This is how media manipulation works. GameStop has yet to make any official statement regarding their plans for what their NFT marketplace may look like.

So WSJ writes an article. Which even in the article it says that “GameStop declined to comment on the story”

Then, other media outlets such as Yahoo Finance run the story as if GameStop was the one who made the announcement.

GameStop's planned NFT marketplace is ‘dead on arrival’: Analyst

Wedbush Securities Analyst Michael Pachter joins Yahoo Finance Live’s Akiko Fujita and Zack Guzman to discuss GameStop entering the world of NFTs and cryptocurrency markets this year.

finance.yahoo.com

Leads off with the host saying: “GameStop announcing it is entering the world of NFTs and cryptocurrencies”

Then the host brings on a guest to talk about “GameStop’s latest announcement”

Guest expert: All GameStop’s NFT marketplace will do is attract terrorist groups like al qaeda to launder money.

 

[bclemms]

This is how media manipulation works. GameStop has yet to make any official statement regarding their plans for what their NFT marketplace may look like.

So WSJ writes an article. Which even in the article it says that “GameStop declined to comment on the story”

Then, other media outlets such as Yahoo Finance run the story as if GameStop was the one who made the announcement.

GameStop's planned NFT marketplace is ‘dead on arrival’: Analyst

Wedbush Securities Analyst Michael Pachter joins Yahoo Finance Live’s Akiko Fujita and Zack Guzman to discuss GameStop entering the world of NFTs and cryptocurrency markets this year.

finance.yahoo.com

Leads off with the host saying: “GameStop announcing it is entering the world of NFTs and cryptocurrencies”

Then the host brings on a guest to talk about “GameStop’s latest announcement”

Guest expert: All GameStop’s NFT marketplace will do is attract terrorist groups like al qaeda to launder money.

As someone that works with these media groups, I can promise you are giving them far too much credit.

WSJ, Forbes, Yahoo, NY Post and other second rate organizations don't have a budget which means they do not have the resources to actually do news. They simply have a few people in an office with subscriptions to other site articles like USA Today and a dozen or so other half functioning ariticle mills. So they take the articles, reword them, put a catchy headline and realized a long time ago that they can make more money off of clickbait and no expenses than actually trying to put any thought or individual effort on any one thing. As long as they are cranking out an article an hour the near minimum wage minions they have working get cookies. If they don't then it's bad minion and no cookies. Quality control is none and they don't care about anything more than clicks.