Current Events > Stock Market General #49

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littlebro07
03/13/23 3:07:11 PM
#1:


We're boned

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ellis123
03/13/23 3:08:12 PM
#2:


Mr Bones' Wild Ride.

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Blue_Thunder
03/13/23 3:11:19 PM
#3:


Where crash?

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fan357
03/13/23 3:24:49 PM
#4:


Where money

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TaylorHeinicke
03/13/23 3:25:35 PM
#5:


where tag

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St. Louis Battlehawks (3-2)
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Dat_Cracka_Jax
03/13/23 4:08:40 PM
#6:


Tag

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Dat_Cracka_Jax
03/13/23 4:09:17 PM
#7:


Insert "Don't let this be you" video

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littlebro07
03/13/23 4:10:52 PM
#8:


Woot, I gained $2.79 today

...oh wait, that's counting the $50 that got deposited this morning.

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ellis123
03/13/23 4:18:19 PM
#9:


littlebro07 posted...
Woot, I gained $2.79 today

...oh wait, that's counting the $50 that got deposited this morning.
A fresh $50 to burn on the funeral pyre that is your stock portfolio.

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CE_gonna_CE
03/13/23 4:43:33 PM
#10:


No money no problems

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Dan_Haren-
03/13/23 4:45:05 PM
#11:


Keep your eye on IMMX tomorrow. They dipped to 1.9 something on friday, they're presenting some of their data tomorrow. Its already supposed to be promising data. Stock went up like 15% today. Its been dipping for over a month now.
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littlebro07
03/13/23 6:25:21 PM
#12:


ellis123 posted...
A fresh $50 to burn on the funeral pyre that is your stock portfolio.


I have a recurring $50 transfer every Monday and I just buy as much F as I can with it

Finally over 100 shares

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Dan_Haren-
03/13/23 8:18:30 PM
#13:


Before last week, the fed honestly had an easy job - just keep steadily raising rates. Theres nothing complex about it. Everyone knew it was going to happen. The only tricky part is when to stop, but its not even that tricky.

SVB collapses now might cause some hesitation.

Personally I think they raise 25 basis points instead of the 50 expected, but some are predicting a 25 basis point reduction which would be insane. The question is which other banks are exposed by excess ill-timed treasuries on their balance sheets like SVB was.

Interested in the yields the rest of this week and what happens. We've already seen the largest 3 day decline in the 2-year since the '87 market crash.
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Dan_Haren-
03/14/23 11:39:02 AM
#14:


Dan_Haren- posted...
Keep your eye on IMMX tomorrow. They dipped to 1.9 something on friday, they're presenting some of their data tomorrow. Its already supposed to be promising data. Stock went up like 15% today. Its been dipping for over a month now.

Up 8% so today
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Cocytus
03/14/23 11:45:41 AM
#15:


Man I fucking lost 3k of my mom's retirement last year from moving it to a rather safe managed 403b account to a rollover roth ira, and damnit if I didn't loose 3 grand from it. Fucking bullshit. smh.

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MedeaLysistrata
03/14/23 2:32:36 PM
#16:


I put 10 bucks in

The amount of money you need to make money doing this makes it not worth it, or am I wrong?

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MedeaLysistrata
03/14/23 2:42:10 PM
#17:


can someone hook up some resources to get started? my goal is to make 2 bucks a day profit

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CE_gonna_CE
03/14/23 2:42:16 PM
#18:


MedeaLysistrata posted...
I put 10 bucks in

The amount of money you need to make money doing this makes it not worth it, or am I wrong?
Its all about time. A little can go a long way, but it can just take decades to get there.

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MedeaLysistrata
03/14/23 2:46:28 PM
#19:


CE_gonna_CE posted...
Its all about time. A little can go a long way, but it can just take decades to get there.
yeah, i am just putting all my extra change into the account

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Beyonce
03/14/23 3:59:33 PM
#20:


Going to buy dutch bros and ford

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fan357
03/15/23 10:53:07 AM
#21:


Maybe I should bump my 401k up since the Dow is getting crushed. Another ten percent would bring me to 40 percent.

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__aCEr__
03/15/23 10:55:21 AM
#22:


Time keeps on dippin' dippin' dippin'

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Dan_Haren-
03/15/23 11:06:04 AM
#23:


I cannot emphasize enough how much people are overblowing these banking issues. SVB truly was isolated. The only issue can arise if other banks made similar dumb decisions. And Credit Suisse has been having issues for many years...they are back to where they were a few months ago now.

It blows my mind how people are generalizing these events and panicking.
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fan357
03/15/23 11:10:36 AM
#24:


People being scared means I wanna buy more stonks.

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Dan_Haren-
03/15/23 11:14:06 AM
#25:


I will staunchly defend this idea that they are isolated incidents. But like I said the only issues arise if:
1- Other banks made similar bad decisions by overexposing themselves in bonds prior to yield increases (ala SVB) or are dealing with internal corruption that they just can't get away from (ala CS)
2- Baseless panic leads to bank runs (ala Signature bank and SVB) which becomes a self-fulfilling prophecy

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theAteam
03/15/23 11:51:28 AM
#26:


Dan_Haren- posted...
I cannot emphasize enough how much people are overblowing these banking issues. SVB truly was isolated. The only issue can arise if other banks made similar dumb decisions. And Credit Suisse has been having issues for many years...they are back to where they were a few months ago now.

It blows my mind how people are generalizing these events and panicking.

People see "bank collapsed" and get triggered by nightmares of 2008. But if anything these incidents are showing the tools at the govt's disposal are more effective at containing the spread than we think.

And yeah I recall reading about CS being fucked like 6 months ago.

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littlebro07
03/15/23 12:35:23 PM
#27:


I'm almost up to $10k in my personal savings now so that's a pretty good feeling :D

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DeepFriedSquid
03/15/23 12:42:29 PM
#28:


littlebro07 posted...
I'm almost up to $10k in my personal savings now so that's a pretty good feeling :D

hell yeah brudder
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Bestoffuture
03/15/23 12:43:00 PM
#29:


Can the fucking stock market stay up a little bit so I can sell some shit? Goddamn

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Cocytus
03/15/23 1:27:18 PM
#30:


littlebro07 posted...
I'm almost up to $10k in my personal savings now so that's a pretty good feeling :D
Congrats man!

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Cocytus
03/16/23 5:22:20 AM
#31:


Bitcoin is back up to $24.5k since like a year. Not sure if it's on the way up or if it's temporary, but it has hit the number I said I would buy at again.

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Dan_Haren-
03/16/23 8:36:32 AM
#32:


Some people are suggesting taking safe haven in crypto with an impending recession
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Mearcstapa
03/16/23 11:03:07 AM
#33:


Dan_Haren- posted...
safe haven in crypto

LOL

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after years of waiting
nothing came
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fan357
03/16/23 11:12:11 AM
#34:


Tempted to sell AMD and Nvidia and take the 2500 profit. But Im pretty confident they will soar in the next five years.

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CE_gonna_CE
03/16/23 11:23:59 AM
#35:


Dan_Haren- posted...
Some people are suggesting taking safe haven in crypto with an impending recession
What could possibly go wrong?

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littlebro07
03/16/23 11:29:32 AM
#36:


If people are worried about their stonks tanking they should just stockpile cash

Crypto is a joke

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Dan_Haren-
03/16/23 11:37:41 AM
#37:


littlebro07 posted...
If people are worried about their stonks tanking they should just stockpile cash

Crypto is a joke

Too greedy for that
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CableZL
03/16/23 12:33:32 PM
#38:


Just got back home from paying my car off. Now I've got some room in my budget to save and invest aggressively again. I want to build my passive income back up with dividend stocks. I miss the days when I was getting $700/month.

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Cocytus
03/16/23 1:15:49 PM
#39:


CableZL posted...
Just got back home from paying my car off. Now I've got some room in my budget to save and invest aggressively again. I want to build my passive income back up with dividend stocks. I miss the days when I was getting $700/month.
Congrats man!

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littlebro07
03/16/23 1:17:03 PM
#40:


CableZL posted...
Just got back home from paying my car off. Now I've got some room in my budget to save and invest aggressively again. I want to build my passive income back up with dividend stocks. I miss the days when I was getting $700/month.

Let us know if you find anything good, would like to get up to like $500 a month

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theAteam
03/16/23 1:21:42 PM
#41:


CableZL posted...
Just got back home from paying my car off. Now I've got some room in my budget to save and invest aggressively again. I want to build my passive income back up with dividend stocks. I miss the days when I was getting $700/month.

How much invested got you to $700/mo?

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Dat_Cracka_Jax
03/16/23 3:17:52 PM
#42:


CableZL posted...
Just got back home from paying my car off. Now I've got some room in my budget to save and invest aggressively again. I want to build my passive income back up with dividend stocks. I miss the days when I was getting $700/month.
Civi has been giving me good dividends

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Cocytus
03/16/23 3:34:06 PM
#43:


theAteam posted...
How much invested got you to $700/mo?
Good question.

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CableZL
03/16/23 4:14:40 PM
#44:


theAteam posted...
How much invested got you to $700/mo?
Sorry, I thought I answered this earlier. I believe it was about $15,000 - $20,000, but that was when SLVO's monthly dividend was ridiculously high. I still have a couple shares of SLVO, but I'm not gonna be putting much into that this time around.

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CableZL
03/16/23 4:30:16 PM
#45:


I'm set to get just north of $80 in May. It'll be along road to get back up to $700, but I think it'll be worth it. And then maybe one day I can come close to matching my work income with monthly dividends. If I can accomplish that, it'll be good living.

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Cocytus
03/16/23 4:32:21 PM
#46:


CableZL posted...
I'm set to get just north of $80 in May. It'll be along road to get back up to $700, but I think it'll be worth it. And then maybe one day I can come close to matching my work income with monthly dividends. If I can accomplish that, it'll be good living.
Sure would be. Hope you get there man. At least your car's about to be paid off.

Say, how's that Tesla solar going for ya?

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CableZL
03/16/23 4:34:53 PM
#47:


Cocytus posted...
Sure would be. Hope you get there man. At least your car's about to be paid off.

Say, how's that Tesla solar going for ya?
It's working great so far. I'm definitely staring at the app way too much and constantly paying attention to weather patterns, though, even though there's obviously nothing I can do about the weather, lol.

I've sent more power to the grid than I've used from it so far this year

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Cocytus
03/17/23 12:49:41 PM
#48:


CableZL posted...
It's working great so far. I'm definitely staring at the app way too much and constantly paying attention to weather patterns, though, even though there's obviously nothing I can do about the weather, lol.

I've sent more power to the grid than I've used from it so far this year
Hehehe, yeah, that's how I was with mine at first (I got Enphase btw). But soon, the only thin you'll be staring at is how much the power company owes ya.

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Blue_Thunder
03/18/23 9:46:09 PM
#49:


Dan_Haren- posted...
Some people are suggesting taking safe haven in crypto with an impending recession


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C6Driver
03/20/23 6:04:04 AM
#50:


tag

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''The future's uncertain and the end is always near.'' Jim Morrison
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