Stock Market
- Thread starter ClowneyPosse
- Start date
So far. There is a good possibility that will change after the 20th.
I think the markets like any victory.
Uncertainty is bad for the markets in general. Once you know the winner, then the market can move forward.
Agree. It's going to end badly - The only question now is when. Responsible P/E ratios were 10-12x. Now they are in the 100x+ in some cases. Telsa is one I believe.
The market has been in a bull run since 2009. We are way, way overdue for a sustained bear market. I hope I'm smart enough to rotate out to safer harbors before that happens.
My nephew works on Wall Street and they like Democrats and love the victory so they can get back to China and make money.
Also SPAC IPOE is merging with SoFi.
I predict that will be a temporary state of affairs.
I've been buying as much small cap funds as I could the last two plus years with surprisingly good results considering the climate. Still buying because i believe their best days are ahead.
Coworker picked up a nice bucket of shares at $9. Trust me, I wish I had pulled the trigger too. Now I get to hear about it every day.
I swing traded greenpower to some nice gains. Should've rode it a little longer.
Coworker picked up a nice bucket of shares at $9. Trust me, I wish I had pulled the trigger too. Now I get to hear about it every day.
I swing traded greenpower to some nice gains. Should've rode it a little longer.
Clean Spark is Green stock with Bitcoins...
Call it froth, irrational exuberance or any number of other names but we are definitely due for a correction. After the excitement of the next round of stimulus dies down it could get ugly. There is always gold my friend...
So give us your home run choice now. I am being serious.
The interesting thing is I would still get in on Tesla now. Elon just officially became the richest guy on the planet and the stock seriously just keeps going up. The car is phenomenal but he has his hands in SpaceX and solar panels so the growth potential is still phenomenal.
I would look to get in on some cruise lines at some point, but I would wait and see who actually survives this. The demand to travel will be through the roof once the government okays it. There’s people that would get on a cruise ship tomorrow If they could. Not me, but a lot of people.
Remember when the street said Tesla wasn’t going to make it. Investors 2 yrs back have seen it up like 7 to 1?
It’s a crap shoot always.
study things that will see great investment opps in entertainment, leisure, travel, etc........lotta pent-up hemones/shemoans.
Split adjusted, TSLA closed at $72.24 on March 18, 2020.
TSLA is trading in the pre-market now at $829.50.
Elon Musk is the smartest guy in the room.
Good luck.
TSLA is trading in the pre-market now at $829.50.
Elon Musk is the smartest guy in the room.
Good luck.
It's hard to argue with this and with the prospects of the green new deal Tesla is bound to grow even more. Elon stays ahead of the curve, that's for sure.
Also forgot to mention a large part of Elon’s wealth is through the stock options he has. He’s very motivated financially to keep that stock skyrocketing. More so than a typical CEO.
It is amazing to me that people would ask for or give investment advice on college bulletin board. I’m a registered investment advisor. 34 years experience. With all the hand wringing that goes on over coaches and players you would think when it comes to real important stuff like your future, maybe you seek out a professional advice but then there is the blind squirrel rule. Lol Good luck though
Bought SWBI (Smith and Wesson) in the fall because of the election. Sold it Wednesday afternoon.
So are you here to help or sell us overpriced advice which is statistically equivalent to everyone else?
i bought some as well, I dont see it dropping, It will rise because the Liberal Left are trying to dissolve the NRA and other type organizations.. i also have some stock in "AMMO inc".. Take a look at that.. (POWW Nasdaq)
Look at the state of our football program. At least we have power over our financial futures. We are stuck with our football program and have little to no say so with it. No offense is meant to you or your profession. I have made some great investment moves and some piss poor investment moves. But it's solely to my credit and discredit. I'm fine with that. With the football program, I have no power over that. And I have to suffer with the embarrassment of being a Carolina football fan.
Themes for 2021
Green power (solar, wind, etc)
Electric cars (NIO, Tesla, Lordstown, Li and Xpev)
Bitcoin and blockchain
Leisure stocks (Cruises, airlines, etc)
There is an expectation that we will get Covid19 under control by summer with vaccines and the economy will open back up full speed. If that doesn't happen or if another shoe drops that would when the froth comes off.
We will all be driving electric cars in 10 years.
Green power (solar, wind, etc)
Electric cars (NIO, Tesla, Lordstown, Li and Xpev)
Bitcoin and blockchain
Leisure stocks (Cruises, airlines, etc)
There is an expectation that we will get Covid19 under control by summer with vaccines and the economy will open back up full speed. If that doesn't happen or if another shoe drops that would when the froth comes off.
We will all be driving electric cars in 10 years.
I bought Royal Caribbean and Carnival both a while back when they were fantastic buys. This virus scare will get corrected one way or another and people will be back on the water. The only caveat to that is the overall economy is going to take a big hit with the new administration after the stimulus fever wears off and the reality of an unfettered Democratic regime of higher taxes, more regulations, more spending, less energy independence, moving jobs overseas, et. al sets in.
Maybe I think a lot of that gets exaggerated though. Bottom line is you got stock at a rock bottom price (clear we are thinking the same way here) and over time when it rebounds you will reap the benefit.
Stock market went up 182% under Obama-Biden, much higher than in the past 4 years. Does that mean good times are ahead for the stock market under Biden-Harris? NO. What it means is that I am not worried about the future. As Kevin Costner said in the movie, "The Art of Racing in the Rain": The best drivers don't worry about the past or the future. The best drivers focus only on the present. That's what I'm doing and investing accordingly.
ERX - it's an energy ETF 2X Bull
Oil, gas, and other consumable fuels. It's down right now because we have fuel surpluses. May have to be patient with it, but at some point the economy will be back and we're still driving gas vehicles at least over the next decade. EVs may be the future, but it will take many years for that infrastructure.
Oil, gas, and other consumable fuels. It's down right now because we have fuel surpluses. May have to be patient with it, but at some point the economy will be back and we're still driving gas vehicles at least over the next decade. EVs may be the future, but it will take many years for that infrastructure.
Plug has held strong. Not touching it at these prices though. Idex and zom are moving back up.
I 4xed my retirement last year in two months on Nio and PLTR alone. Wish I had listened to my brother and put it all in Mgni. I would have 10xed. I even had 10k shares of cciv at $15 and sold at $18 in an inherited ira. Coming down now but still kicking myself lol. I even debated pulling the trigger on Riot when it was $3 last fall. Oh well. Win some lose some
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Should have listened to my brother. He bought it at $5. I could have bought 30k shares when it was at $18. It would be worth just under $2M now.
So your brother is a multimillionaire?! And you are not doing so bad yourself if you could gamble $540,000 on one stock. Excellent!!!
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