Originally Posted by Buehler445:
Why are you so convinced it will set back?
There wasn’t a massive setback after TARP and the subsequent QE.
Not necessarily saying I disagree, but the economy hasn’t responded the way I would think it would since the tech bubble burst. Well maybe 9/11.
I think we hit a peak here in July-Sept. Market is rocketing so I think it could be sooner rather than later. I believe the Fed will stand at $9-$10 trillion (balance sheet) by the end of summer based on my calculations. The bust gets set into motion when the Fed steps off of the gas because of the growing discord of the Wall Street vs. Main Street debate near the end of summer. The debate will go mainstream and it will be that Wall Street got bailed out with trillions and Main Street got a couple of "measly" stimulus measures. The fucking Feds are currently buying Bond ETFs as part of the last stimulus plan.
There will also be a false sense of complacency by the Fed that the mission has been accomplished, back at new record highs, and we are back to "normal." What they won't fully take into account is the exponential amount of leverage and complexity they have built into a system that was already showing major liquidity cracks back in 2019... All "pre-virus" too. When they take their foot of the gas it will set this deflationary unwind into motion. You also have the election unknown and likelihood of the reemergence of virus shutdown measures come later fall into the winter. [Reply]
I don’t know how it works on stocks but trade navigator is a good program. If you use the delayed data it is free. It’s a desktop program and takes some computing power but it’s a good program. [Reply]
I used to work for this company ADS that sold retail store credit cards. If you think retail places will bounce back it could be a good buy. I am not sold on it but going to put some money down on it because I am stupid. [Reply]
I'd not realized the fact that the two fully electric car companies are both named after Nikola Tesla. Does he have any descendants who get paid for this, or is capitalism taking advantage of him again? [Reply]
Originally Posted by petegz28:
How come half of you aren't super billionaire's yet? I see all these 100% gains and 50%gains and all this....mother ****ers should be rolling
Clay is. Then he’s gonna blow all his cash buying some shitty bungalow before the housing market regresses.
I was wondering if some of the gurus would share advice on the different selling options.
Example, a stop limit vs a trailing stop.
Example, I have abc stock that has gone up from $5 to $17. I want to lock in a profit at $15. Am I correct that the trailing stop $ would be to "sell, $2 trailing stop"? Then if it drops to $15, the trade happens.?. The trailing percentage is the same except I would do the sell 10% trailing stop and it would sell if there were ever a 10% drop, but that adjusts as long as the price continues to rise?
I'm trying to learn some of this on the fly and I've read about it but want to make sure I'm making the trades I want to make. [Reply]
Originally Posted by Iowanian:
I was wondering if some of the gurus would share advice on the different selling options.
Example, a stop limit vs a trailing stop.
Example, I have abc stock that has gone up from $5 to $17. I want to lock in a profit at $15. Am I correct that the trailing stop $ would be to "sell, $2 trailing stop"? Then if it drops to $15, the trade happens.?. The trailing percentage is the same except I would do the sell 10% trailing stop and it would sell if there were ever a 10% drop, but that adjusts as long as the price continues to rise?
I'm trying to learn some of this on the fly and I've read about it but want to make sure I'm making the trades I want to make.
