Current Events > Stock Market and Crypto General

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berlyman101
03/24/20 10:16:20 AM
#204:


looks like I threw away cash on my TVIX share. Ah well, will it still be valid by the next recession?

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The Trent
03/24/20 10:19:56 AM
#205:


tesla popping hard

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The Trent
03/24/20 10:20:11 AM
#206:


berlyman101 posted...
looks like I threw away cash on my TVIX share. Ah well, will it still be valid by the next recession?

yeah i'm stuck holding two shares of it lol

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Hexenherz
03/24/20 10:25:03 AM
#207:


berlyman101 posted...
looks like I threw away cash on my TVIX share. Ah well, will it still be valid by the next recession?
Well, it's one of those things that this could just be a temporary rally and then everything slumps again. I certainly plan on buying some more of it when the price drops a little more.

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SK8T3R215
03/24/20 10:41:33 AM
#208:


I would open a position in it at end of day today or tomorrow. Volatility was crushed and today's rally killed it more so now its a more reasonable level to buy into with economic data coming out.

But those are expected to be bad already so the drop shouldn't be extreme unless they're extraordinarily bad numbers.

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Hexenherz
03/24/20 10:54:53 AM
#209:


Only thing red on my portfolio today thus far is this shitty Capstone Turbine that I bought early on in my investing career :\

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ToPoPO
03/24/20 10:55:02 AM
#210:


So the TVIX hype train is dead?
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1NfamousACE_2
03/24/20 10:57:08 AM
#211:


How long do you guys normally hold on to stocks?

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SK8T3R215
03/24/20 11:02:19 AM
#212:


1NfamousACE_2 posted...
How long do you guys normally hold on to stocks?

I only add to my portfolio.

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Hexenherz
03/24/20 11:03:27 AM
#213:


1NfamousACE_2 posted...
How long do you guys normally hold on to stocks?

I'm just doing it as a way to try to build some passive income, which I know will take a while but up until now it hasn't been bad. Have only done a few short-term turnarounds (like TVIX last week) but other than that I'm too afraid to risk a ton of money on stuff >_>

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John_Galt
03/24/20 11:09:11 AM
#214:


1NfamousACE_2 posted...
How long do you guys normally hold on to stocks?
Many years, usually

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1NfamousACE_2
03/24/20 11:09:15 AM
#215:


SK8T3R215 posted...
I only add to my portfolio.

How long have you been doing it?

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SK8T3R215
03/24/20 11:17:07 AM
#216:


1NfamousACE_2 posted...
How long have you been doing it?

Since 2012 or so.

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AngelsNAirwav3s
03/24/20 11:25:56 AM
#217:


ToPoPO posted...
So the TVIX hype train is dead?

There could be a sell off tomorrow... but yeah, it goes down as quickly as it goes up lol

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berlyman101
03/24/20 11:37:44 AM
#218:


I just threw a few hundred into Bank of America. It seems like a good rebound candidate.

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The Trent
03/24/20 11:39:25 AM
#219:


check out DHR

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Tyranthraxus
03/24/20 5:42:48 PM
#220:


known2FAIL posted...
I figured it was a terrible idea. I was just throwing it out there just to get some thoughts
What you're talking about is what caused the great depression of the 30s

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ToPoPO
03/25/20 11:15:21 AM
#221:


Market looking pretty decent this week.
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SK8T3R215
03/25/20 11:40:49 AM
#222:


Tomorrow and Friday we get some hard data so markets may move if they're much better or worse than anticipated.

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misterbum
03/25/20 4:34:21 PM
#223:


Shit was just all over the place today.

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John_Galt
03/25/20 5:04:51 PM
#224:


SK8T3R215 posted...
Tomorrow and Friday we get some hard data so markets may move if they're much better or worse than anticipated.
That jobless number tomorrow is going to be something else

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known2FAIL
03/26/20 8:40:31 AM
#225:


John_Galt posted...
That jobless number tomorrow is going to be something else

Apparently its 3.283 Million... Insanity... Far worse than I thought

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kayoticdreamz
03/26/20 9:17:51 AM
#226:


known2FAIL posted...
Apparently its 3.283 Million... Insanity... Far worse than I thought
well let's see how this goes lol
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SK8T3R215
03/26/20 9:18:17 AM
#227:


Futures are... Flat. Interesting.

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Hexenherz
03/26/20 9:28:20 AM
#228:


Tempted to put a couple more grand in to my portfolio :|

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known2FAIL
03/26/20 9:33:11 AM
#229:


The Market is rocketing up for some reason

Scratch that. It opened high and is starting to tank

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Hexenherz
03/26/20 9:55:54 AM
#230:


Does anyone have insight on https://jpmorganetns.com/etn/detail/JPMorgan-Alerian-MLP-Index-ETN.html ?

Just not sure how it works, since it has a reported 21% dividend payout. It was slowly declining over the past 5 years before the crisis hit though.

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known2FAIL
03/26/20 10:58:12 AM
#231:


Im so glad I went in heavy on those Weed stocks last week

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The Trent
03/26/20 10:59:34 AM
#232:


i fucked up with tivx and now i'm sitting on 3 shares that i can't ditch =(

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Hexenherz
03/26/20 11:13:06 AM
#233:


The Trent posted...
i fucked up with tivx and now i'm sitting on 3 shares that i can't ditch =(
:|

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Dat_Cracka_Jax
03/26/20 11:17:13 AM
#234:


Did I miss the low point? I thought you guys said it was going way lower lol

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Hexenherz
03/26/20 11:23:19 AM
#235:


Dat_Cracka_Jax posted...
Did I miss the low point? I thought you guys said it was going way lower lol
No one knows for certain man it's a gambling game. Could be a temporary rebound and then it slumps for the next few months, or it could just be that throwing a shit ton of money at a problem actually fixes it.

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Dat_Cracka_Jax
03/26/20 11:27:44 AM
#236:


Hexenherz posted...
No one knows for certain man it's a gambling game.
This is why I always lol whenever people tell someone to wait until the market bottoms out before investing. Do they have a crystal ball? Gotta dollar cost average

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known2FAIL
03/26/20 11:45:50 AM
#237:


Hexenherz posted...
No one knows for certain man it's a gambling game. Could be a temporary rebound and then it slumps for the next few months, or it could just be that throwing a shit ton of money at a problem actually fixes it.


Yea thats always why I buy. My coworker told me its not the time to buy yet 2 days ago. I was buying at the time and the market has been rocketing since

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UnholyMudcrab
03/26/20 12:25:21 PM
#238:


Jobless claims are double the estimate and the market shoots up as a response. How does that make any damn sense at all?
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Dat_Cracka_Jax
03/26/20 12:26:55 PM
#239:


UnholyMudcrab posted...
Jobless claims are double the estimate and the market shoots up as a response. How does that make any damn sense at all?
Maybe the amount the market fell already was an overreaction?

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SK8T3R215
03/26/20 12:28:21 PM
#240:


Stimulus package basically makes them whole probably.

They get UI and then $600 a week on top of it so they're basically still getting similar income.

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ToPoPO
03/27/20 12:34:38 AM
#241:


Stocks are hard

should've just invested weekly
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Nu_Titan
03/27/20 12:52:06 AM
#242:


Crazy rebound the last few days, I sold some of my swing positions. I'm guessing that this is the typical bull trap you see in a bear market and we will start heading back down after testing S&P 2700-2750. I definitely could be wrong though since this market just feels so strange right now.

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known2FAIL
03/27/20 2:42:56 AM
#243:


Im wondering if the market will Tank in April when no one pays rent

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AngelsNAirwav3s
03/27/20 1:57:41 PM
#244:


I just bought some DRIP today, basically a big short on the oil industry, I think they are going to get destroyed in the short term... unless Trump bans oil imports.

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Hello world!
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Hexenherz
03/27/20 10:52:30 PM
#245:


Kind of stock market related - I got my Robinhood cash market debit card and that thing is kinda cool; it's a vertical card where half is a solid color (I went with white) and the other is like a frosted clear plastic.

Doubt I'll ever use it but we'll see.

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CE_gonna_CE
03/28/20 12:54:35 PM
#246:


known2FAIL posted...
Im wondering if the market will Tank in April when no one pays rent
REITs took a crazy beating in March so I feel that some aspect of this is already baked well into the values out there now, but I would not be shocked at all if the downtrend continues into April, May, and beyond.

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Sad_Face
03/29/20 3:44:09 AM
#247:


https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html


So yeah, it appears the Federal Reserve is now under the thumb of the Treasury. I've been hearing that Trump has been aiming for a Gold backed currency and at a bar months ago, this one fellow told me Trump was trying to end the Federal Reserve. I didn't believe it. And yet here we are.

Trust the plan.

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Tyranthraxus
03/30/20 12:22:27 PM
#248:


My portfolio is up $200 today.

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known2FAIL
03/31/20 10:47:22 AM
#249:


So was March 23 officially the bottom?

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E32005
03/31/20 10:48:51 AM
#250:


known2FAIL posted...
So was March 23 officially the bottom?

why do people ask these questions?
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Tyranthraxus
03/31/20 10:49:48 AM
#251:




Bruh

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It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha."
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known2FAIL
03/31/20 10:49:59 AM
#252:


E32005 posted...
why do people ask these questions?

Just curious is all. I didnt think it was offensive or something lol. Im buying as soon as I get more money to spend so it isnt like Im waiting for the bottom

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Tyranthraxus
03/31/20 10:51:21 AM
#253:


known2FAIL posted...
Just curious is all. I didnt think it was offensive or something lol. Im buying as soon as I get more money to spend so it isnt like Im waiting for the bottom
Nobody knows when "the bottom" is otherwise investing would be pointless since everyone would just wait for it.

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