Current Events > Stock Market General #45

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Lebronwon
06/13/22 1:03:21 AM
#201:


https://twitter.com/ironmannfts/status/1535818045825818624

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theAteam
06/13/22 7:05:18 AM
#202:


Premarket is a blood bath my goodness

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Buffalo Bills
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TechHound
06/13/22 7:19:20 AM
#203:


Better time to buy
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PatrickMahomes
06/13/22 9:19:22 AM
#204:


TechHound posted...
Better time to buy
we've been in a "better time to buy" mode for months

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Dat_Cracka_Jax
06/13/22 9:26:46 AM
#205:


I'll be buying more sp500 vanguard today in my ira

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Mearcstapa
06/13/22 9:30:05 AM
#206:


It's a good feeling to be 100% cash right now

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after years of waiting
nothing came
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Lebronwon
06/13/22 9:32:22 AM
#207:


TechHound posted...
Better time to buy

Did you see the CPI report last Friday? Every single thing went up even used car prices. It destroyed the Fed narrative that inflation is under control and would tick down in June. Now some are arguing you cant trust analysts either since they have consistently been wrong about their inflation ranges.

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Makeveli_lives
06/13/22 9:53:35 AM
#208:


ENZC drops 11 percent to start Us off

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SK8T3R215
06/13/22 9:57:44 AM
#209:


Makeveli_lives posted...
ENZC drops 11 percent to start Us off

Lmfao people are still holding that?

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Mearcstapa
06/13/22 9:57:56 AM
#210:


US10Y almost touched 3.3%. Wow!

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after years of waiting
nothing came
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Lebronwon
06/13/22 10:00:00 AM
#211:


SK8T3R215 posted...
Lmfao people are still holding that?

Yep. They didnt get the memo it was a 2021 pump and dump. With Youtubers being paid to discuss it. To be fair everything is crashing but ENZC is probably one of the more higher risk biotech stocks.

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krazychao5
06/13/22 10:48:20 AM
#212:


whelp time to set up the cardboard box shop

seriously, worst loss i've seen in a day.

so far.

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PatrickMahomes
06/13/22 10:57:29 AM
#213:


SK8T3R215 posted...
Lmfao people are still holding that?
In their defense, I'm still holding my ZOM at like 1.75/share because I too was one of those lunatics paying attention to this thread and not much else for investment advice lmfao hahahhaa. Might as well ride it to $0 on the off chance something good happens vs. cashing out for like $26


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Mearcstapa
06/13/22 11:10:39 AM
#214:


10Y yield over 3.3% now. That's like a 10 or 11 year high or something.

2Y/10Y creeping back up towards inversion as well.

some really big financial shit be brewing right now.

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after years of waiting
nothing came
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Alexanaxela
06/13/22 11:13:58 AM
#215:


ouch my spleen

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Solution_45
06/13/22 11:15:03 AM
#216:


pain

without love

pain

can't get enough

pain
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Makeveli_lives
06/13/22 11:40:23 AM
#217:


SK8T3R215 posted...
Lmfao people are still holding that?
I put like a week and a half pay into it total >_>. Mostly to average down as I initially put in like 200 bucks when it was like 65 cents and mooning. Had I not bought that initial pump Id probably only be down like 15 percent. But my average buy price is now like 13 cents or something.

enzc recovered btw. Only down 2 percent for the day so far.

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littlebro07
06/13/22 11:47:20 AM
#218:


My average on ENZC is $0.013

I have no reason to sell lol if it crashes and burns for good I'm out about $750 that I spent almost two years ago so I'm not bothered

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Lebronwon
06/13/22 1:38:36 PM
#219:


PatrickMahomes posted...
In their defense, I'm still holding my ZOM at like 1.75/share because I too was one of those lunatics paying attention to this thread and not much else for investment advice lmfao hahahhaa. Might as well ride it to $0 on the off chance something good happens vs. cashing out for like $26

I bought DIS at the top around $180 last year. It sucks but at least Disney doesnt seem like a zero. Some of the things mentioned in those times seemed like zeros or massive declines. OCGN for example was being pumped as the next BNTX/MRNA. After it became obvious the US already got all the vaccines they want.

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theAteam
06/13/22 1:41:54 PM
#220:


I've got CRSR at like $28. I will average down eventually but I need to free up cash from elsewhere first.

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Buffalo Bills
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PatrickMahomes
06/13/22 2:08:13 PM
#221:


Lebronwon posted...
I bought DIS at the top around $180 last year. It sucks but at least Disney doesnt seem like a zero. Some of the things mentioned in those times seemed like zeros or massive declines. OCGN for example was being pumped as the next BNTX/MRNA. After it became obvious the US already got all the vaccines they want.
Yeah DIS isn't like those others. Disney isn't going anywhere. All these startups/memes are.

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Bestoffuture
06/13/22 2:22:53 PM
#222:


I wish I didn't look at my portfolio today

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Clap for that, you stupid bastards.
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Mearcstapa
06/13/22 2:46:48 PM
#223:


Just discovered Wells Fargo dropped my $1500 promo bonus into the account today.

cash gang feeling pretty good rn.

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after years of waiting
nothing came
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PatrickMahomes
06/13/22 3:03:38 PM
#224:


Mearcstapa posted...
Just discovered Wells Fargo dropped my $1500 promo bonus into the account today.

cash gang feeling pretty good rn.
until you get your 1099-INT next year

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Mearcstapa
06/13/22 3:04:51 PM
#225:


PatrickMahomes posted...
until you get your 1099-INT next year

Good lord my Schedule B is gonna be so goddamn fat.

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after years of waiting
nothing came
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Mearcstapa
06/13/22 3:28:41 PM
#226:


these last 30 minutes are probably going to be fucking insane

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Anony1125
06/13/22 5:01:57 PM
#227:


Anony1125 posted...
crystal ball says SPX up 2%
damnit, and here I paid $25 for that crystal ball
oh well, still more useful than having it in the stock market

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Feeling really good.
Faceless goofus in a sea of alts
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Hummer 2
06/13/22 9:29:11 PM
#228:


Mearcstapa posted...
Just discovered Wells Fargo dropped my $1500 promo bonus into the account today.

cash gang feeling pretty good rn.

howd you get this?
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__aCEr__
06/13/22 9:33:24 PM
#229:


I just shouldn't have looked today.

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See you next Wednesday.
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Mearcstapa
06/13/22 10:12:53 PM
#230:


Hummer 2 posted...
howd you get this?

https://www.doctorofcredit.com/in-branch-only-wells-fargo-business-checking-1500-bonus/

Some banks offer cash bonuses for opening new checking/savings accounts and fulfilling certain requirements. I actively browse some blogs/websites that track and post about those sort of things. This offer was probably the best I've ever seen and was pulled after just a few days.

It can be a nice hobby/side-hustle for earning a decent return with your spare cash/emergency fund.

also see: https://www.reddit.com/r/churning/

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TheChariot6
06/13/22 11:54:58 PM
#231:


__aCEr__ posted...
HCMC (remember that?) ended the day up 33%

And today it ended down 50%.

Is it finally time to bUy ThE dIp?
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Anony1125
06/15/22 3:09:09 PM
#232:


oh hey, I just noticed that yesterday was my first birthday
I started investing on 6/14/21, in that first year I managed to lose 20.25% of the money I put in
kinda hope it gets better from here tbh, this isn't very fun

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fan357
06/15/22 3:12:55 PM
#233:


How old are you?

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vbty3
06/15/22 3:13:37 PM
#234:


fan357 posted...
How old are you?
He's obviously 1.

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fan357
06/15/22 3:15:36 PM
#235:


There is no flaw in your logic.

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Anony1125
06/15/22 3:20:58 PM
#236:


fan357 posted...
How old are you?
32.

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Blue_Thunder
06/15/22 3:27:11 PM
#237:


vbty3 posted...

He's obviously 1.

lmao

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fan357
06/15/22 3:41:42 PM
#238:


Anony1125 posted...
32.

You started somewhat late and also near market peak. Not a good place to be but thats ok long term. Keep putting money in and by the time you are 40 youll be glad you did.

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Hummer 2
06/15/22 4:15:07 PM
#239:


Did you guys literally call this guy too old to be in the market at 32 while you spent 2 years losing money on a penny stock?
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fan357
06/15/22 4:24:27 PM
#240:


I dont think anyone said that.

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littlebro07
06/15/22 4:35:35 PM
#241:


I'm just dropping $25 a week into my M1 account now

So far I've deposited a total of $275 into it (started with an initial $100 deposit then switched to weekly $25) and it's at $246.22

:(

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Dat_Cracka_Jax
06/15/22 4:55:03 PM
#242:


fan357 posted...
I dont think anyone said that.


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Dat_Cracka_Jax
06/16/22 10:17:20 AM
#243:


Market going down makes sense with the rate hike right? So why did it go up yesterday right after the announcement?

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apocalyptic_4
06/16/22 10:19:27 AM
#244:


Yeesh I'm not looking at my portfolio today I'm already depressed.

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krazychao5
06/16/22 11:09:28 AM
#245:


life is no longer fun

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theAteam
06/16/22 12:12:54 PM
#246:


Today is fucking brutal.

Transferred another $2k into my account to average down on some of my positions.

It sucks I am paying for a wedding and honeymoon otherwise I'd be throwing a shitload of cash in right now. Now is the time to be SLOWLY buying for the long term if you have the money.

ENZC up 6% lmao

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Buffalo Bills
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__aCEr__
06/16/22 12:34:37 PM
#247:


Hey you know that money you made yesterday? Yeah we're gonna need all of that back.

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krazychao5
06/16/22 12:36:04 PM
#248:


theAteam posted...
Today is fucking brutal.

Transferred another $2k into my account to average down on some of my positions.

It sucks I am paying for a wedding and honeymoon otherwise I'd be throwing a shitload of cash in right now. Now is the time to be SLOWLY buying for the long term if you have the money.

ENZC up 6% lmao
i'm also saving up for honeymoon and wedding for next may. and i'm feeling constrained already about my budget, along with these losses, and wanting to build up funds for a rental property

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Mearcstapa
06/16/22 2:20:58 PM
#249:


Okay, I'm throwing 4k into the market at these levels. I think there's still a long way left to fall long-term, but it's well overdue for some kind of relief rally soon.

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fan357
06/16/22 2:31:32 PM
#250:


DOW is below 30k. Lol

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