The Rokslide Stock Traders Thread

[roosiebull]

time to avoid tesla lol

My only stock purchase was a couple years ago for an Ira, I put 6,500$ in Tesla, and it has done well up to recent

I almost pulled it and reinvested a couple months ago when it was worth just over 22k, but I have decided to keep it there. From a non stock trader point of view, investing in Elon still makes more sense than most things to me… what he has done and what he’s trying to do (mostly successfully) I am taking my chances

 

[eddielasvegas]

View attachment 851717

Or the non meme version: You'll never go broke taking a profit.

Carnage in the streets today. Major indices down at least 2% and Nasdaq down 4%. That's a big owie for sure.

I personally love it. I want the rising tide to float all boats but I want the stock market to follow the utlity of our economic growth and not the "irrational exuberance" of the last five-ish years and certainly not because our Treasury runs the printing pesses 24x7.


Eddie

 

[SWFLhntr]

Agreed. Gonna be some bumps in the road for sure.

 

[medvedyt]

My only stock purchase was a couple years ago for an Ira, I put 6,500$ in Tesla, and it has done well up to recent

I almost pulled it and reinvested a couple months ago when it was worth just over 22k, but I have decided to keep it there. From a non stock trader point of view, investing in Elon still makes more sense than most things to me… what he has done and what he’s trying to do (mostly successfully) I am taking my chances

on that one i wish you the best but i will say with not being a card reader that the downfall of musk might be interesting to see once the connection with your president will not anymore on the honeymoon side ...

 

[BBob]

on that one i wish you the best but i will say with not being a card reader that the downfall of musk might be interesting to see once the connection with your president will not anymore on the honeymoon side ...

“the connection with your president”

You’re drifting into partisan politics with that comment and not sticking to politics as it might affect the market. This is the stock traders thread where ideas and thoughts are shared as to the market. It certainly is not the partisan politic opinion traders thread. You aren’t adding anything useful with that post.

 

[MuleyFever]

“the connection with your president”

You’re drifting into partisan politics with that comment and not sticking to politics as it might affect the market. This is the stock traders thread where ideas and thoughts are shared as to the market. It certainly is not the partisan politic opinion traders thread. You aren’t adding anything useful with that post.

He is from Canada. It's our president, not his.

 

[BBob]

He is from Canada. It's our president, not his.

Cool, he’s still drifting into politics.

 

[MuleyFever]

Politics drives the market, especially now. He was also responding to a post directly about TSLA. Saying that if the relationship between Musk and our president goes south that the stock could react is hardly getting political. He didn't say anything negative.

 

[mostlybirch]

VTSAX is back to early November prices, erasing all gains in last 4 months. I have sold off my copper mining stocks (COPX) as base metals generally go with a strong global market and periods of growth (infrastructure building). China is forecasted to have weak growth for at least next decade and a tariff war sending up building prices doesn't look great for other products. With steel and aluminum tariffs being thrown around copper might be next .

 

[CorbLand]

on that one i wish you the best but i will say with not being a card reader that the downfall of musk might be interesting to see once the connection with your president will not anymore on the honeymoon side ...

Anyone that has watched TSLA for more than a year should know that it’s a stock that is only one tweet away from a 10-15% drop in a day. Musk has been a controversial CEO for years. What is happening is nothing new.

Zoom out. TSLA will be just fine long term. They are more than a car company.


Everyone zoom out. The SP500 is up nearly 100% since this thread started. Go back to the beginning of it. How many people popped in and said “keep your powder dry.” Haven’t seen many of them posting since.

 

[BBob]

Politics drives the market, especially now.

I acknowledged that in my post. Mby I have misread him. This is the longest running thread on Rokslide and I'd like to see it continue.