Current Events > Stock Market General #46

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fan357
08/08/22 11:01:30 AM
#51:


Fucking AMC. Shoulda held.

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AngelsNAirwav3s
08/08/22 11:16:25 AM
#52:


Damn AMC

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krazychao5
08/08/22 12:19:14 PM
#53:


apes make cheddar

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Dat_Cracka_Jax
08/08/22 12:20:31 PM
#54:


AMC does nft now?

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Tyranthraxus
08/08/22 1:30:35 PM
#55:


Dat_Cracka_Jax posted...
AMC does nft now?
AMC gave out NFTs for spider man but they don't have an active marketplace. You got one at random if you were one of the first people to buy a ticket.

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Dat_Cracka_Jax
08/08/22 2:33:37 PM
#56:


I thought they were implementing a preferred stock program via nft apes?

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Tyranthraxus
08/08/22 2:35:02 PM
#57:


Dat_Cracka_Jax posted...
I thought they were implementing a preferred stock program via nft apes?
AMC Preferred Equity or $APE has absolutely nothing to do with NFTs it's just a funny name for a new security.

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Tyranthraxus
08/08/22 2:36:48 PM
#58:


Also Susquehanna FG got margin called for $48 billion dollars. Time coincides with halting of AMC and GME.

https://gamefaqs.gamespot.com/a/user_image/6/5/0/AARLwzAADiuK.jpg

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Anony1125
08/10/22 9:57:10 AM
#59:


Stocks. Go. Up.

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Dat_Cracka_Jax
08/10/22 11:19:22 AM
#60:


Thanks Biden

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fan357
08/10/22 11:27:43 AM
#61:


Get the DOW back up to 35 and Ill be happy.

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krazychao5
08/10/22 11:32:53 AM
#62:


i'm still down $5k from where it was a few months ago. pretty depressing to think that actually.

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theAteam
08/10/22 12:49:10 PM
#63:


krazychao5 posted...
i'm still down $5k from where it was a few months ago. pretty depressing to think that actually.

If it makes you feel better Im down over 10k from my peak last year.

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CE_gonna_CE
08/10/22 1:09:00 PM
#64:


krazychao5 posted...
i'm still down $5k from where it was a few months ago. pretty depressing to think that actually.
~$75k here

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Anony1125
08/10/22 1:51:46 PM
#65:


I'm down around $2k from my previous high on March 29th. Been buying the dip as hard as I can. Gonna be an exciting day when I'm charting new highs again.

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Cocytus
08/10/22 1:58:25 PM
#66:


Man I think people are wrong about Netflix. They say they're losing subscribers and shit, whatever. They are obviously going strong with many different programs they put up. This is not a failing business, imo.
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CE_gonna_CE
08/10/22 4:24:50 PM
#67:


Cocytus posted...
Man I think people are wrong about Netflix. They say they're losing subscribers and shit, whatever. They are obviously going strong with many different programs they put up. This is not a failing business, imo.
Agreed. And I have bought more since the big dip

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AngelsNAirwav3s
08/11/22 12:56:18 PM
#68:


GUSH over $160, OPEC announced they were cutting their oil demand forecast, lets gooo

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Alexanaxela
08/12/22 8:26:57 AM
#69:


oh here it is

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Dan_Haren-
08/12/22 11:54:38 AM
#70:


https://i.imgur.com/GPrvi4T.jpg
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Anony1125
08/12/22 5:14:51 PM
#71:


Are we happy?

TQQQ popping off, I'm up 50.69%. Wish I'd bought some more of that.

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Alexanaxela
08/12/22 6:57:57 PM
#72:


haha stock market go brrrr

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Dan_Haren-
08/13/22 11:50:37 AM
#73:


Bear market rally
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Blue_Thunder
08/14/22 8:07:57 PM
#74:


Alexanaxela posted...
haha stock market go brrrr

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fan357
08/15/22 5:05:59 PM
#75:


Almost 34k DOW.

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fan357
08/16/22 11:29:29 AM
#76:


Why is no one talking? Afraid to jinx the market?

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Blue_Thunder
08/16/22 11:39:06 AM
#77:


fan357 posted...
Why is no one talking? Afraid to jinx the market?

Bad news always attracts more discussion than good news.

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ElMaton04
08/16/22 12:25:06 PM
#78:


I'm kicking myself right now. I bought 700 shares of Fubotv last Thursday to average down, sold only those shares without losing money to buy AMC instead, and now Fubo is going up like crazy when AMC is barely moving at all.

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Blue_Thunder
08/17/22 11:18:41 AM
#79:


My savings account rate has been inching upward for several months now, feelsgoodman.

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Dan_Haren-
08/17/22 11:25:39 AM
#80:


I just texted my buddy yday if he thinks I should go hard on SQQQ....he said no, sent me a video of Howard marks talking about how it's dumb to time the market right now. It's up 5% now.
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CE_gonna_CE
08/17/22 11:38:34 AM
#81:


You do SQQQ as an insurance policy. You never want to go hard in on it, unless you like gambling. But its generally good to drop in a bit here and there, never more than you can afford to lose, so you have at least something in your portfolio that will make you money if a large scale correction or crash happens in the short term, and youre forced to sell something if you need cash.

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Dan_Haren-
08/17/22 12:30:36 PM
#82:


Well the reason I brought it up was cuz we've been talking bout how this is just a bear market rally we're seeing and that theres much worse times ahead. It can take years before we see the full effect of interest rates. We'll see what the fed says today, my guess is they'll be conservative and not change much. I think investors are alot more confident than consumers right now, largely due to inflation. We'll see what happens. Honestly, I'm just a spectator right now. I'm saving up money for a down payment on a house in the next 1-2 years and not putting much into the stock market. All my money goes towards vanguard index funds, right now emerging markets. I'm just tracking things to time the best time to buy a house. Real estate is clearly going down, once I have enough saved and I see signs that it'll turn around, I'm going to buy.
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CE_gonna_CE
08/17/22 12:52:22 PM
#83:


I dunno On one hand, the gloom and doom may be right, and we could be in for another hard drop. Theres certainly room enough in the market for that to happen.

On the other, all the talk might just be that. Talk. I dont think anyone really knows exactly what will happen, so best to be prepared for any situation, I say. Stock prices are still relatively low now compared to a year ago so its certainly not the worst time to get in. But it would seem risky to start going all in on anything, I feel.

I dont really try to time the market, but there is something to be said about simply being sure to hold onto a bit of cash so you dont miss out on potential opportunities if things really tank hard.

I do feel pretty strongly that the housing market reached its peak and is going down, like you said. The only questions are how far will it drop? And how long will the drop last for? A lot of that will vary quite a bit from area to area, I feel though.

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Dan_Haren-
08/17/22 3:47:23 PM
#84:


NAHB index is down, MBA index is down.

I think it's fairly easy for us to feel the pulse of the real estate market because we and our friends are the generation that is now going to buy houses. As long as we keep talking about it and get a sense of what our generation thinks we can be ahead of the game. Right now alot of my friends are simply waiting for the right time. It's just a matter of time until people get impatient.

My guess is this downturn will only last a year because demand is so high. A true recession is what can potentially keep people waiting longer.

I think in about a year time people will realize mortgage interest rates aren't coming down any time soon, certainly not to 2021 levels.

1 year is what I'm giving myself to save as much money as I can then going to parents for help for a loan from my dad for a down payment. But I'm continually monitoring and reassessing my plans.
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krazychao5
08/17/22 5:31:02 PM
#85:


Dan_Haren- posted...
I think it's fairly easy for us to feel the pulse of the real estate market because we and our friends are the generation that is now going to buy houses. As long as we keep talking about it and get a sense of what our generation thinks we can be ahead of the game. Right now alot of my friends are simply waiting for the right time. It's just a matter of time until people get impatient.
what age group you in?

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Dan_Haren-
08/17/22 6:08:33 PM
#86:


krazychao5 posted...
what age group you in?
33
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CE_gonna_CE
08/19/22 10:27:00 AM
#87:


Now this is more of a kind of week Im used to.

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Makeveli_lives
08/19/22 5:29:24 PM
#88:


https://www.ign.com/articles/cineworld-regal-filing-bankruptcy-theater-cinema-chain

AMC biggest competitor filing for bankruptcy apparently. 5 billion in debt almost.

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Trumpo
08/19/22 5:31:27 PM
#89:


Ape goes live on Monday

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Tyranthraxus
08/20/22 12:44:59 AM
#90:


Trumpo posted...
Ape goes live on Monday
The # of $AMC you had at 4:30 pm EDT Friday is what you're getting in $APE


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SodomInsane
08/20/22 2:23:34 PM
#91:


Wow. There were no mentions of BBBY in this thread. I guess no one ITT lost money during that rug pull then lol.

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theAteam
08/20/22 2:29:06 PM
#92:


The dump was so obvious but I had no free money to throw at puts.

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Dan_Haren-
08/20/22 2:41:32 PM
#93:


I'm telling u guys, market crash is coming, it's a matter of time. It's going to be bad.
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fan357
08/20/22 2:48:53 PM
#94:


Maybe.

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Dan_Haren-
08/20/22 2:57:12 PM
#95:


https://youtu.be/WU54_mVt2kk
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krazychao5
08/21/22 8:50:21 AM
#96:


if markets are crashing, i'm slowing buying on the way down the road to hell

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CE_gonna_CE
08/21/22 8:50:44 AM
#97:


krazychao5 posted...
if markets are crashing, i'm slowing buying on the way down the road to hell
This is the way

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Dan_Haren-
08/21/22 9:46:10 AM
#98:


krazychao5 posted...
if markets are crashing, i'm slowing buying on the way down the road to hell

My gameplay is to wait for near bottom cuz it's impossible to predict rock bottom.
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Dan_Haren-
08/21/22 9:49:14 AM
#99:


I've listened to alot of hedge fund managers and they are all pessimistic. They almost all believe a financial crisis is coming but just not sure when. They all believe that the fed has to get tighter. Inflation is stable but still super high. Honestly the fed will get tighter. There's almost no good way out of this inflation other than the economy going to a bad recession. That's why I'm on board with the hedgies.

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Cocytus
08/21/22 8:18:05 PM
#100:


Lot of doomsday talk in here...
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