The Investment Thread (4 Viewers)

[Turfie]

Pretty strong resistance for GME at 135. With stood two pushes on Friday and today.

Sometimes when the dam breaks it can fall rapidly if it loses 135 in this example.

 

[St. Geezy]

SOFI trying to pop.

Needs to breakthrough to $6.6. Certainly seems like it wants it.

 

[St. Geezy]

My understanding is today marks the start of the T-35 settlement period from the March quarterlies, so we may see some bullish market action here these next few days across the board.

 

[Turfie]

Jerky market lately.

 

[SaintInBucLand]

SKYH

Sky Harbour Group popping again today after a big jump yesterday

 

[St. Geezy]

Rough start...the bear market continues. When does the bleeding end?

 

[Turfie]

Why has Bitcoin dip whenever the US stock market opens?

 

[Turfie]

Bio stocks just beaten to death. I think CTXR is a great swing. I’m not in it tho

You guys could have enjoyed that sweet 1% pop to $1.14 if you followed my advice. /s

 

[SaintInBucLand]

So what companies benefit the most if there is massive student loan forgiveness?

 

[St. Geezy]

So what companies benefit the most if there is massive student loan forgiveness?

Great question!

 

[livefromDC]

I don't know which companies or how it affect the stock market but the economy would definitely benefit.

 

[bclemms]

Just did some buying. Could still go a lot lower but will buy more.

 

[Turfie]

Hope if there is student loan forgiveness then there would be a very nice tax credit for those that have paid.

 

[Turfie]

So what companies benefit the most if there is massive student loan forgiveness?

This is a great question. So what are the ramifications.

Could it actually be credit cards and banks? Those liabilities (student loans) have to be affecting their approvals on other (unrelated) loans. Those that weren’t even able to pay prior to the forgiveness program had likely see their credit score tank. Thus again affecting their ability to get other unrelated credit/loans.,

 

[St. Geezy]

Just did some buying. Could still go a lot lower but will buy more.

Took a small position on the ATER dip today that seems to be paying off well, but outside of that, this has been a brutal outing. I am shocked at how perpetual this market dip has become, across the board. The dips just keep dipping.