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

[Darkholme's Dungeon]

I have been. Today it dropped a ton because SMCI said they were pushing back their earnings so they could do some auditing (which is fair). The firm that exposed it also had a short position and other firms are saying they are full of shit since they haven't really produced any evidence of their claims. So I am not sure what to believe. With how much it's dropped now, I wouldn't short it though.

Some idiots were saying NVDIA was doing the same thing because they used shell corporations to get around sanctions. Those people are idiots. Earnings did seem to tank it though

Honestly I personally think it is more reflective of sub-concious unease and fears in the market as a whole right now.

If anyone feels the curren semi stocks are too expensive... ON Semiconductor is a cheaper choice (but more volatile I think). They've got fabs (no cutting edge though) and are based in the US.
They recently sold off the Pocatello Idaho fab to LA semi though.
Or Global founries but they have their own issues....

 

[Internet Wizard]

I feel like it's about as likely that the market tanks this month as it is that it booms
Bulls are entirely hyping up the rate cuts as a saving grace, I'm hedging SPY atm but I'm personally expecting it to be bearish especially towards eom

 

[Hollywood Hulk Hogan]

I want to short Tesla but Tesla investors are retards who will keep buying the stock no matter what and propping up the price.

It's so obviously super overvalued

 

[mr swaglord]

Is there any reason why I shouldn't just put all my investing money/401k into VOO (S&P 500 swag vanguard edition) /VONG/VOOG (S&P 500 growth swag vanguard edition) /any other Vanguard stock index collection fund?

They are usually only 15 years old but they seem to have superior gains compared to the regular S&P 500.

 

[Hollywood Hulk Hogan]

Is there any reason why I shouldn't just put all my investing money/401k into VOO (S&P 500 swag vanguard edition) /VONG/VOOG (S&P 500 growth swag vanguard edition) /any other Vanguard stock index collection fund?

They are usually only 15 years old but they seem to have superior gains compared to the regular S&P 500.

I'd go VOO or VTI but they're all going to return pretty similar results overall and no one knows which of them will do better going forward

 

[Tom Nook's Gloryhole]

NVDA getting FUCKED today. Jesus Christ.

Fully expect a bounce back tomorrow but it feels comfy as hell knowing that my boring funds weren't touched at all by the AI holocaust.

 

[Hollywood Hulk Hogan]

I hope no one sold after today's losses.

 

[Fascist Kirk]

You all needt to be a little more like Warren Buffet and cash out, and chill,.......

Your fear smells like no Liquidity......

 

[SangeAndYasha]

I'm considering gambling on Capri holdings. There's no way that stupid ftc case holds any water, right?

 

[Junkers 87]

I'm considering gambling on Capri holdings. There's no way that stupid ftc case holds any water, right?

Interesting idea. That's like a 60% upside if the judge tells the FTC to eat a dick later this month. I kind of want in on this so I did some dogshit level research (so basically, next to none):

The FTC's case is centered around Tapestry being a 'serial acquirer'. It's alleged that Tapestry will continue to swallow up other companies to eventually become the dominant player in the handbag market, which in turn would stifle competition and hurt employee wages.

Pros: The FTC sounds fucking retarded. Who gives a shit if Coach and Versace are under the same umbrella. If someone told me they already were prior to this, I would've believed them.

Cons: Bagholding CPRI. I also happen to own a Michael Kors shirt. The fabric is uncomfortable and two women I worked with said it looked gay. Nice cut and fit though.

 

[Fascist Kirk]

Vix is broke, but all the same its going down I'm yellind timber

 

[Junkers 87]

More days like this are likely to come. Historically, September sees substantial pockets of selling and when combined with an extremely important, market moving event such as impending rate cuts, volatility is inevitable.

This doesn't apply to investors, but days like today are excellent opportunities those who are nimble to make (and lose, most likely) lots of money. Either way, no one is green every day.

Yesterday's action on the VIX was a continuous, upwards movement. Comparing yesterday's VIX with VOLD, one would see a persistent stream of selling pressure, but no abrupt, sharply negative spikes; just a smooth trend downwards. I speculate that this is indicative of yesterday being a measured, if persistent sell-off.

Comparing VIX and VOLD today would tell a different story. The VIX index whipsawed which correlated in a volatile day for SPY. When looking at today's VOLD, we'd see unorganized surges in selling pressure, rather than yesterday's persistent downtrend. I believe that this is behavior that is more akin to panic, despite not being a literal waterfall when compared to yesterday.

 

[Hollywood Hulk Hogan]

More days like this are likely to come. Historically, September sees substantial pockets of selling and when combined with an extremely important, market moving event such as impending rate cuts, volatility is inevitable.

This doesn't apply to investors, but days like today are excellent opportunities those who are nimble to make (and lose, most likely) lots of money. Either way, no one is green every day.

Yesterday's action on the VIX was a continuous, upwards movement. Comparing yesterday's VIX with VOLD, one would see a persistent stream of selling pressure, but no abrupt, sharply negative spikes; just a smooth trend downwards. I speculate that this is indicative of yesterday being a measured, if persistent sell-off.

Comparing VIX and VOLD today would tell a different story. The VIX index whipsawed which correlated in a volatile day for SPY. When looking at today's VOLD, we'd see unorganized surges in selling pressure, rather than yesterday's persistent downtrend. I believe that this is behavior that is more akin to panic, despite not being a literal waterfall when compared to yesterday.

I made a few grand from Tesla options the past few days. Both calls and puts. Tesla is a huge pump and the dump is coming but I wanted in on grifting Elon fanboys

I am mostly buy and hold, but I do some options plays with some fun money. It can pay off but it also can really bite you in the ass

 

[Sweeter and Savoury]

ha ha ha ha

My shorts on Ubisoft pay big. I knew those fucktards could not help but create a steaming pile of shit game. And that new we wuz ninja's and stuff Assassins Creed game still hasn't come out yet. Ubisoft stock will end up in the single digits by next month or two.

le sigh, I should have trusted my gut and bought more shorts. Oh well, time to grab more Walmart stock I think. When the job report comes out I bet a lot more people will be shopping at Walmart and not Whole Foods.

 

[DSP's Tax Lawyer]

ha ha ha ha

My shorts on Ubisoft pay big. I knew those fucktards could not help but create a steaming pile of shit game. And that new we wuz ninja's and stuff Assassins Creed game still hasn't come out yet. Ubisoft stock will end up in the single digits by next month or two.

le sigh, I should have trusted my gut and bought more shorts. Oh well, time to grab more Walmart stock I think. When the job report comes out I bet a lot more people will be shopping at Walmart and not Whole Foods.

I wonder if it drops to the penny stocks, could games pull enough money together to buy the company outright and fix the company

 

[Sweeter and Savoury]

I wonder if it drops to the penny stocks, could games pull enough money together to buy the company outright and fix the company

Lol, no it will never drop that far. I would guess if it hits less then 10 bucks someone will snap it up for the IPs.

Ubisoft has some great IPs and as much as the current management sucks DIE ass those IPs can be resurrected by an actual gaming company. that company is just not Ubisoft as it currently stands.

People forget now because the Hokies ran Ubisoft into the ground but this was the company that made so many awesome selling games.

You got shit like.

Prince of Persia
Assassins Creed
Far Cry
Watch Dogs
Anno Domini
IL-Strumovik
Ghost Recon

These were once games at the top of the sales charts and I'd say once Ubisoft gets bought out or decides to clean house and reorganize they can be a huge brand again.

The question is when to buy back in. you gotta watch the press releases, see whose fired, whose not fired and who gets put in charge.

At under $10 and with actual programmers and not a DIE team of slacktavists I'd say Ubisoft would be a hard buy and hold.

 

[reptile baht spaniard rid]

I want to short Tesla but Tesla investors are retards who will keep buying the stock no matter what and propping up the price.

It's so obviously super overvalued

My biggest “make” was buying options just before they split/got added to the SP500. My biggest “miss” was turning those options into a straddle during the same time.

Don’t fight the retards, they’re way too retarded. I won’t touch TSLA anymore, it was way too damn stressful.

Robinhood sent my wife a letter via some lawyer company saying “you haven’t logged in in like four years we gonna send your shitty stock to lost and found.” Was a reminder to login and liquidate the shit and get it back in cash. No real idea how we did until I do taxes because I’m too lazy lol.

 

[Hollywood Hulk Hogan]

My biggest “make” was buying options just before they split/got added to the SP500. My biggest “miss” was turning those options into a straddle during the same time.

Don’t fight the retards, they’re way too retarded. I won’t touch TSLA anymore, it was way too damn stressful.

Robinhood sent my wife a letter via some lawyer company saying “you haven’t logged in in like four years we gonna send your shitty stock to lost and found.” Was a reminder to login and liquidate the shit and get it back in cash. No real idea how we did until I do taxes because I’m too lazy lol.

As long as you made a profit, it's good. Being greedy with options will make you broke.

Tesla is so overvalued. Elon is a maniac and a retard who pisses off the people who would actually buy his cars. He also lies his ass off to pump the stock up and Tesla investors are retards who can't see it. He promises shit then never delivers and just promises something new instead.

That's why I figured I could exploit these retards for money and it worked out.

 

[HOMO FOR LIFE RETURNS]

My puts are printing.

Biden-harris economy is shit.

 

[No Batty Boys in Jamaica]

My puts are printing.

Biden-harris economy is shit.

My Zyn-vestments in Phillip Morris aren’t printing but they aren’t losing either.


Big Tobacco is the exact kind of stock that doesn’t get dragged down by bad news in other sectors. Even shit like a bad jobs report is nothing. Unemployed people are some of the biggest consumers of nicotine products.