The Rokslide Stock Traders Thread

reading that as many as a dozen or so Dems are now ready to agree to open the gov't ... which should mean a shit ton of $$ being pumped into the economy which should have the market ripping tomorrow?
 
reading that as many as a dozen or so Dems are now ready to agree to open the gov't ... which should mean a shit ton of $$ being pumped into the economy which should have the market ripping tomorrow?

Yep there was talk we probably wouldn’t see movement on opening up until Wednesday night or Thursday, if true, I would think the markets will pump.


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Is it the start of the bubble popping, or will the market continue to do strange things and rally again? That's the question.
I personally think it’s the beginning of a bubble popping somewhat. But I admit I can be prone to see the potential downside of things.

But when our country is going into debt by about 1 trillion every 10 weeks and no one seems to care, I get concerned. Good reminder to stay somewhat diversified.
 
I personally think it’s the beginning of a bubble popping somewhat. But I admit I can be prone to see the potential downside of things.

But when our country is going into debt by about 1 trillion every 10 weeks and no one seems to care, I get concerned. Good reminder to stay somewhat diversified.
I'm not so much worried about the budget deficit side of things. Not sure how much bearing that actually has on the market (other than if the debt rating gets downgraded, but I don't understand a lot about those things).

It's more the concentration of the market in everything AI and datacenter related, the circular funding of those things, and the fact that nothing AI related actually makes a profit (yet). Granted, the bigger companies that are involved (Meta, Google, Apple, Tesla, Microsoft) make money, but the AI portion doesn't. And there are plenty of AI related companies that don't have the crazy cash flow of the giants. And the rest of the economy is realistically in a recession (just being masked by the tech companies).

What I've been reading and hearing on podcasts makes it seem like we've built a really tall house of cards, and we're just waiting for that little bit of wind or bump of the table to take the whole thing down.
 
Not a good week for me!
Same - just earlier this week I was telling my wife we should put a stop on Meta and a couple other tech stocks.

I never got around to putting them on and it has been an ugly week for us.

Especially because I was going to take some of the gains and buy an old M3. Guess my dreams will continue to be dreams. :censored:
 
Same - just earlier this week I was telling my wife we should put a stop on Meta and a couple other tech stocks.

I never got around to putting them on and it has been an ugly week for us.

Especially because I was going to take some of the gains and buy an old M3. Guess my dreams will continue to be dreams. :censored:


It’s just a delay. Give it a month or two.
 
It’s just a delay. Give it a month or two.
We got most of our shares during early covid when it was "cheap" and we are long term holders, but every time it gets into the mid to high $700s I debate putting a sell order at $700. I can always buy more when it "feels" on the way up again.

I've been adding the last couple of days. It's on the floor of some support at the moment and looks to be turning. We shall see.
It does feel like a good time to buy more right now, but we are already over 10% in Meta so we aren't investing more, just riding the waves of it really.
 
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