Stock Market, Business, and Investing General - News, Tips, etc

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George Lucas said:
I don’t like crypto but you could say the same thing about gold reserves (the amount of gold countries hoard grossly outweighs any industrial use it has; it’s about its use as a currency).
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At least with gold it won't be vanishing unless it's physically taken from you absent a vaporizing hit by a nuclear strike...
Crypto goes poof if the grid goes down, now you can not transact.
Hollywood Hulk Hogan said:
If Warren Buffett can't time the market, you can't either. Stick with your plan.
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Don't forget that he's also got the inside loop on any information compared to the average joe. More rate cut speculation in the news right now. Kinda odd to see this with the major indexes are down about 3% in the news together (not so much if we're in stagflation/living off credit).
U.S. banks reported unchanged demand for commercial and industrial loans in the second quarter, the first time in two years that demand did not weaken, a Federal Reserve survey of senior loan officers published on Monday showed. Fed officials had the survey results in hand last week when they left the U.S. central bank's policy rate in the 5.25%-5.50% range while flagging a possible interest-rate cut in September.
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China just had the oddest policy reveal that I literally can not comprehend. The CPC said new policy is to not allow housing prices to fall... By instituting a price floor while also not putting any money into housing prices? How the fuck is that supposed to work out in a Keynes based monetary policy lmao?
Edict on maximum prices anyone???????
 
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♂CANAM productions♂ said:
At least with gold it won't be vanishing unless it's physically taken from you absent a vaporizing hit by a nuclear strike...
Crypto goes poof if the grid goes down, now you can not transact.

Don't forget that he's also got the inside loop on any information compared to the average joe. More rate cut speculation in the news right now. Kinda odd to see this with the major indexes are down about 3% in the news together (not so much if we're in stagflation/living off credit).



China just had the oddest policy reveal that I literally can not comprehend. The CPC said new policy is to not allow housing prices to fall... By instituting a price floor while also not putting any money into housing prices? How the fuck is that supposed to work out in a Keynes based monetary policy lmao?
Edict on maximum prices anyone???????
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Where so you read that? That’s insane.
 
MadStan said:
A link relating to China putting a floor on property prices is what I meant.
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It was a news statement on Beijing TV
They spoke about following:
1) Not allowing property values to fall with a price floor with some grading scheme for figuring out the valuation
2) Possibly looking to extend down payment amount % being lowered
3) New tax on housing transactions
Not from same statement:
$) Relaxing restrictions on foreigners and non-local residence permission to buy commercial housing in parts of Beijing again. Foreigners are not allowed to own "commercial" housing titles in Beijing. Residents without a Beijing hukou not allowed to purchased in certain parts of the city (Tongzhou, Yizhuang new city comes to mind).
 
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Hollywood Hulk Hogan said:
I've been through a ton of market sell offs.

This is why you dollar cost average into index funds/etfs. Figure out how often you can put money into the market and how much at a time. Stick with that plan and put it in no matter what. When the market recovers, you'll be happy you didn't sell. When S&P 500 eventually hits 6000, you'll be happy you stuck with your plan. Nothing is a greater feeling that sticking with your plan and then seeing huge gains when the market recovers.

Don't be a retard and sell. No one knows the bottom of the market. Right now it's down about 8%. That could be it for a while. It could go down more tomorrow. I don't know. No one knows and anyone who claims to know is lying to you. Time in the market beats market timing. Warren Buffett once (paraphrased) said "I not only do not know anyone who can time the market, but I do not know anyone who knows anyone who can time the market". If Warren Buffett can't time the market, you can't either. Stick with your plan.

Again, stick with your plan and don't deviate based on market conditions. I will be buying more VTI on Friday whether the market is 20% higher, 20% lower or anywhere in between.

Obviously this advice is in general. If you are investing in options or individual stocks, then this doesn't necessarily apply but you would be wise to be mostly in index funds/etfs anyway. If I were invested in CRWD, for example, I'd have sold that after the outage and never touched it again
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This has been the first post of yours I've ever read that is coherent, literate, and informative. I mean this sincerely: thank you.
 
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Sad I didn't see any posts yet about the yen carry trade that is contributing to the massive sell off of the markets over the past couple days so I guess I will give it a decent shot. Best I can explain in a simplistic terms but the Bank of Japan basically contributed to a lot of this

For about 17 years, Japan's central bank has been fighting deflation (probably the only country on the planet who has this issue), and as a result have been putting out historically low interest rates. And the yen conversion rates have been relatively stable if not weakening throughout the years. This has allowed a lot of big money players to take out loans in yen at insanely low rates, convert to pesos or dollars or whatever, and invest in something that will have a much higher return allowing people to make exponentially more money on investments. (In simplistic terms, you can take out a loan in $100 worth of yen at a 1% interest rate, convert it to dollars, open up a money market account that pays 5%, and make $4).

However, the Bank of Japan hiked their interest rates to combat the yen's weakening in the international market. This has caused a few issues including the favorable exchange rates along with a recurring loss on the floating rate loans these big money players have been using for investments. Due to the losses, they were required to post more collateral, either assets or cash. Their easiest way to get cash to exit these positions? Selling investments, such as stocks and the debt markets. And it turns out a lot of money was being used through this Yen carry trades, hundreds of billions of dollars. No idea how much money was being invested through this trade since it isn't public, but we aren't close to being done with yet. Just another fun hit to the economy next to lowering treasury interest rates and terrible unemployment numbers.
 
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Penny stocks are a riot:
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"Don't spend it all at once champ."
 
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Monolith said:
Looking for painless ways to kill myself after attempting to buy the dip too early.
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Out of curiosity, what did you buy? If it's a blue chip ticker and you're an investor, you'd have a time horizon that would be measured in literal years. That's plenty of time to DCA to smooth out volatility. Even more so if it's an index fund, where DCA is the default anyways.
 
Monolith said:
Looking for painless ways to kill myself after attempting to buy the dip too early.
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Falling Knives and moon bro's be learning a valuably lesson. Restrictive Monitary policy, and positive interest rates.

I watched 3 traders I follow get margin calls by Schwab in Monday. No another guy I follow for 10 years who blew up 250k.

Playing with Margins is degenerate gambling, because 2 years line goes up every one is a genius.
 
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Junkers 87 said:
Out of curiosity, what did you buy? If it's a blue chip ticker and you're an investor, you'd have a time horizon that would be measured in literal years. That's plenty of time to DCA to smooth out volatility. Even more so if it's an index fund, where DCA is the default anyways.
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Literally just djia. That said, it's back, and may have just had negative value the moment I checked.
 
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Tried my hands at options trading off the Zillow explosion and made a penny (though it's genuinely so inflated it's insane, I might even buy long puts)
Don't really know where to go from here, off of today tech seems to not be failing as hard as panic bros said it would (other than intel and nvidia) but I doubt it'll change much this month to warrant anything significant
 
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Internet Wizard said:
Don't really know where to go from here, off of today tech seems to not be failing as hard as panic bros said it would (other than intel and nvidia) but I doubt it'll change much this month to warrant anything significant
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It seems staunched for now, but there's really no telling what might kick off another round of selling. It's wiped out everything from early April though.
We're in an odd lull of LMAO STONKS GO UP and the average earner earning less due to inflation and also with layoffs. But the economy (according to the gov) identifies as non-recession so clown world we live in.

SMCI (Supermicro) even with the dip might be a better choice than NIVIDIA or AMD, even if the big AI players cut investment (They said they won't) you'll still need board for chips.

HUMA dropped a bit due to an FDA review time extension ($8 to $7). This is one of those "go big or go home" stocks. It has a potential to be a game changer even if it takes forever to get to Emergency medicine. The question is if this company can survive the impending recession and if FDA approval is forthcoming.
“We received a call from FDA CBER leadership this afternoon apologizing to us and stating that additional time was required for review.” said Laura Niklason, M.D., Ph.D., Chief Executive Officer of Humacyte. “FDA leadership noted that Humacyte’s ATEV is a first-in-class product, and that Priority Review had been granted, which allows only a six-month review cycle, as compared to the standard ten-month review cycle for most products. During the course of the BLA review, the FDA has conducted inspections of our manufacturing facilities and clinical sites and has actively engaged with us in multiple discussions regarding our BLA filing, including post-marketing and labeling discussions. Based on these interactions, we are confident in the approvability of the ATEV in treating vascular trauma. The FDA leadership expressed an apology for their inability to complete the review by the PDUFA date, and currently we do not yet have a revised action date.”
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They research/make new artificial blood vessels.
 
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Artificial blood vessels would be huge. Might be worth some leap options on it

While I am 90% in index funds, I am long on two individual stocks, too. One is a biotech but not HUMA. I might add some leaps though just for the lottery ticket if they're cheap enough
 
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Hollywood Hulk Hogan said:
Artificial blood vessels would be huge. Might be worth some leap options on it

While I am 90% in index funds, I am long on two individual stocks, too. One is a biotech but not HUMA. I might add some leaps though just for the lottery ticket if they're cheap enough
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Specifically, it's artificial lattice grafts to build structure for blood vessels. Semi-artifical... Sorry. They aren't earning money yet though, so even with approval I don't expect it to make a big jump unless someone finds out an immediately profitable use for it (like if someone artifically grows an 100% functional organ from it or something).
Here's a subreddit for them going through the ITS SO OOVER BROS phase right now (lmao). Someone made a claim (without evidence):
Insiders purchased bought 689,389 stock options on June 13. Last recorded transaction.
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New medication types from the FDA review are slow as fuck and that's if they don't get sued into oblivion by a competitor. The fact they are being used in UAF in for surgeries in combat is interesting.
Levafloxcilin was first introduced in 1993, but it took until 2016 for the FDA to label it as a black box medication due to tendon rupture.

Personally, if you are fine with loosing money you invest on this stock, go for it. Like I said, go big or go home on this one in terms of return.
 
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