Stock of the Day
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- grafician-2
"MARKETS: US stock markets lost $8.3 trillion in value in 2022"
- "The S&P 500 finished 2022 down -19.4% and the Nasdaq -33.1% for the WORST year since the 2008 financial crisis — $18 trillion evaporated"grafician
- thanks Obama!_niko
- It’s not that big of a deal. 2020 and 2021 were great.monospaced
- and it's not even saying that much. 2008 was the last downturn.CyBrainX
- sted-1
Kevin does some proper math on automotives :)
- sted-1
https://www.toptal.com/finance/b…
Not just because of that, but all the other things too.
- imbecile-1
PLL
- sted-1
- grafician-4
- explain this chart please.
you financial genius who can't even distinguish between two currenciessted - down from here... go to dollar.shapesalad
- lol wtf are you talking about sted?!grafician
- @shape yes, exactlygrafician
- questions again instead of answering the ones people are asking, bad habit.
https://www.qbn.com/…sted - Actually Adobe is known to change the currency but keep the prices, so you get $19 or 19 EUR here and £19 in the UK
But nice trygrafician - But as you're NOT a designer and you probably don't pay for Adobe CC, you didn't know
I'll let it slide...grafician - Also regarding this chart, just shows the S&P will go down with high probability
Now you can go fuck off :)grafician - I just renewed my private subscription, doesn't even allows region change since, cc address has to mach the region so you're fucked up in so many ways.sted
- Adobe is known for adjusting regional prices taking into account currency inflation, not to mention that we're talking about a negotiated price offering.sted
- So your experience with Adobe CC is minimal as expected. Why don't you stick to what you really know and leave others to their things?grafician
- Oh please graf. I bet you use less of Adobe cc and for less time than most people here.monospaced
- This was about trading not Adobe you muppeetgrafician
- And the S&P DID go down as predicted lolgrafician
- Predicted by everybody but you, who can't even explain its own post.The relation to the previous one - the Adobe subscription - is just how pathetic you are.sted
- explain this chart please.
- grafician-3
- This chart looks realnb
- Everything runs on AWS, amazon oversold.shapesalad
- Probably the reverse was true last year.CyBrainX
- grafician-3
META -51%
AMZN -9%
AAPL +4%
NFLX -3%
GOOG -29%- I wouldn't buy more AAPL as they won't be able to pull out of China soon enough
Meta is doomed. AMZN only AWS is good, google's ads are in decline
nothing safegrafician - GOOG, AAPL and AMZN will be just fine and aren't going anywhere. META is doomed, NFLX is a coin toss.formed
- Bezos lost $12 Billi tho'grafician
- the whole market is going to be crashing down this year i feelpockets
- meta has been a shit show since it startedpockets
- I wouldn't buy more AAPL as they won't be able to pull out of China soon enough
- grafician-3
"Amazon's $AMZN market cap falls under $1 trillion for the first time since April 2020."
- grafician-2
$SNAP -25%
- oh..._niko
- increase of users was probably bots..dropped more then Q1 report and eps was way worsepockets
- snap is falling out of relevancy at lightspeed.pockets
- It's second in the US after tiktok for teens
All social media if they drop bots the real numbers would be scarygrafician - But advertising budgets being cut, all social media will suffer including Meta, Alphabet etc.grafician
- Alphabet still does fairly well (it's not social ads)formed
- good old recession that we aren't in (according to some) is really ruining the funpockets
- I thought Snapchat died, like, years ago.Continuity
- grafician-2
"Netflix adds 2.41 million subscribers, beating market expectations, as shares rise by 14%"
- Nearly 4 million people left Russia in early 2022... coincidence?nb
- yes that's their priority after leaving russiapango
- Who said priority? It takes 5 minutes and they had many, many weeks to do itnb
- Yes and there are so many streaming services + pirate. You so sure 2.4 million subscribed to Netflix?pango
- grafician-2
"I don't think people really appreciate what's happening in the options market right now.
Last week, retail traders bought $19.9 billion worth of puts to open. They bought only $6.5 billion in calls to open.
This is the first time in history that puts were 3x calls."
- Retail traders also buy far far out of the money with puts. It's pretty much lottery tickets.shapesalad
- S&P under 3K high probabilitygrafician
- grafician-4
"Bulls: After all that, S&P 500 is still only 20% off its high.
Bears: After all that, S&P 500 is still only 20% off its high."
"S&P 500 Growth by Decade:
+259% (2010-2019)
-9% (2000-2009)
+433% (1990-1999)
+407% (1980-1989)
+77% (1970-1979)
+112% (1960-1969)
+482% (1950-1959)Long term investing makes the most sense for most people.
Low cost index funds are the best choice for the average person."aaaaaand recently on Wednesday:
"One giant options transaction may have set off the S&P 500’s bounce today, according to Wells Fargo"
- nb0
Ok so I’ve saved up a bunch of cash, earning a very low 2.5% per year in a savings account. I’ve been waiting to buy into a low cost SP500 ETF. I know it’s bad to think one can “time” the market, but on the other hand there are lots of doomsayers saying doom is nigh. They say the market will continue to go down
On the other hand, isn’t my money being devalued by inflation? So, doesn’t it make sense to buy stock now? Even if it goes down, it’s going to go down if I keep it as cash, too
- Just buy Tesla stock. Why dilute. Look at their robot - in 5 years time it will be a game changer. Tesla = factory technology, that's their moat and USPshapesalad
- Compare boston dynamics to Tesla bot. Once is cost effective, can be made in the millions and has AI. The other is made in a small number, is pre programmed noshapesalad
- AI and very costly. Yes one looks advanced and can do parkour, but we don't need that. We need something to do boring jobs in factories 24/7/365shapesalad
- The amount it’s going down as cash value is not very significant. If you can afford to not have it as spending money you can consider investingmonospaced
- But a 2.5% year savings interest rate is really really really good for a savings account.monospaced
- I wish I knew the right thing to invest in right now. I bet a mid level UI designer in Eastern Europe might have the best advice. Lol.monospaced
- I'm actually Lead UX/UI and I recommend staing in cashgrafician
- With the uncertainty of the global market, you should probably stick with the 2.5% interest rates of your savings account.utopian
- That is pretty amazing for a savings account! Where do you get that?
Wait a few months then DCA into VOO. Set some GTC orders and be done.formed - 2.5% is from SoFi. There’s no limit to size of the account which is amazing. You need direct deposit but it can be a tiny amount, even $1 if you want.nb
- https://www.sofi.com…
2.50% APYnb - Stick 30% into the s&p 500 and do it again in 6 months - keep the rest in cashSlashPeckham
- nb1
I’m reading a lot of SP500 doomsday predictions. People are like “oh my god the market is crashing what will we do”
But, the SP500 is up from 2 years ago (oct 2020, which was after the Covid “crash”) It’s also up from 5 years ago, and ten years ago, even factoring in inflation. Take most points in history and the SP500 is still doing well. Of course, that’s no guarantee it won’t go down.
My point is that perspective is everything. Don’t listen to the shouting, look at the numbers.
- "Past performance is not indicative of future results"grafician
- grafician-1
Credit Suisse crashing, act accordingly...