The Investment Thread (4 Viewers)

[St. Geezy]

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

Yeah no kidding.

 

[St. Geezy]

Turnaround coming, or is Cramer leading more folks out to pasture?

 

[bclemms]

Turnaround coming, or is Cramer leading more folks out to pasture?

Like most everyone else, he is right about 50% of the time.

I'm buying the dip but I'm also well aware that it could go much, much lower. Again, I'm only playing with a small percentage, I've been cash heavy since covering short positions on the covid crash and if it craters I'll push a huge portion back into the market.

 

[DaveXA]

Turnaround coming, or is Cramer leading more folks out to pasture?

Lol, that's definitely on brand Cramer.

 

[bclemms]

Lol, that's definitely on brand Cramer.

You also know it's bad when the buy the dip HODL's are making fun of someone for saying buy the dip. Buying the dip is a fail proof strategy in a bull market. It can kick your arse in an overpriced bear market. Even though, prices are starting to look somewhat reasonable. Im seeing PE ratios that are getting closer to historical norms instead of historical highs. Rip another 10-20% off all the indexes and PE ratios will be at normal levels.

 

[DaveXA]

Like most everyone else, he is right about 50% of the time.

I'm buying the dip but I'm also well aware that it could go much, much lower. Again, I'm only playing with a small percentage, I've been cash heavy since covering short positions on the covid crash and if it craters I'll push a huge portion back into the market.

Yeah, if you paused for a big chunk of the downturn, I'd just DCA for a bit and ride the wave back up when it comes.

 

[bclemms]

Yeah, if you paused for a big chunk of the downturn, I'd just DCA for a bit and ride the wave back up when it comes.

I started biting off chunks near yesterdays lows and have been adding positions through the day. Earnings should be really good but I think more people are interested in guidance which is likely to be really uncertain with China lockdowns with so much stress on supply chains already.
There’s a two headed lie in the markets though. If Chinas lockdown are that impactful and everyone is really staring at a coming recession then oil should be going down with markets. As long as oil is going up or holding I’m betting it is Wall St just throwing a temper tantrum over Fed tightening and it’ll bounce back fast.

If oil starts to give up big ground then I’ll get a lot more concerned this is just the early stages of a bigger slide.

 

[DaveXA]

I started biting off chunks near yesterdays lows and have been adding positions through the day. Earnings should be really good but I think more people are interested in guidance which is likely to be really uncertain with China lockdowns with so much stress on supply chains already.
There’s a two headed lie in the markets though. If Chinas lockdown are that impactful and everyone is really staring at a coming recession then oil should be going down with markets. As long as oil is going up or holding I’m betting it is Wall St just throwing a temper tantrum over Fed tightening and it’ll bounce back fast.

If oil starts to give up big ground then I’ll get a lot more concerned this is just the early stages of a bigger slide.

Sounds reasonable. Seems like a slow and steady approach would smooth out the big swings to some degree.

 

[Turfie]

Today hurt. Thought about selling BBBY yesterday and rebuying later. But chickened out. Big -9% today.

I just wish THE DIP would happen. Got a feeling it will be 2 steps back and 1 step forward for awhile.

 

[St. Geezy]

Today hurt. Thought about selling BBBY yesterday and rebuying later. But chickened out. Big -9% today.

I just wish THE DIP would happen. Got a feeling it will be 2 steps back and 1 step forward for awhile.

I am thinking this will be the dance until we are closer to the June quarterlies.

 

[Turfie]

SLGG had 77% of all its trades today go through dark pools.

 

[bclemms]

I just grabbed Netflix. PE ratio of 19 and has become a staple with room for international growth. Feel like they overstated the subscriber loss guidance to get ahead of the curve. May even hold it for a long time.

 

[SaintInBucLand]

Wish I had waited just a little longer on my SPY puts today. Could have made another 25%.. I wonder if we get under 410 tomorrow, or does it rebound back over 20. After hours is now back at 416

 

[DaveXA]

I just grabbed Netflix. PE ratio of 19 and has become a staple with room for international growth. Feel like they overstated the subscriber loss guidance to get ahead of the curve. May even hold it for a long time.

For you, I'll keep my subscription.

 

[Turfie]

FNKO still holding on. Who would think that a company that makes toys with big arse heads would be maintaining its value in today’s market.