Jesus Christ. There were all-time highs during every president of my lifetime. Stock market all-time highs happen almost every damn year.
So you're saying Trump's tweets had no positive influence on the stock market? Is that really the hill you're going to die on? And just because I didn't post in this thread until recently doesn't mean I'm new to investing. I've been dabbling in the stock market since 2017. [Reply]
Originally Posted by Sorry:
I could’ve had 20k thru doge coin but missed a window... **** lol
Im seriously considering selling everything I have left at a loss besides my small AMC and GME stake, putting it into COIN, Bitcoin and Ethereum and taking a break from this madness.
Originally Posted by lewdog:
Presidents don’t really have much effect on the market.
People make this claim all the time and its not true.
While the daily ups and downs of the market are not too dependent on the POTUS unless he says he says he's going to Nuke China, the market looks at the future to see what legislation major changes may shift the way things are going.
Trump juiced the high tech with the tax cut due to growth and Biden juiced the green energy and Cannabis companies when elected.
They drive longer term trends as opposed to daily swings. [Reply]
Originally Posted by scho63:
People make this claim all the time and its not true.
While the daily ups and downs of the market are not too dependent on the POTUS unless he says he says he's going to Nuke China, the market looks at the future to see what legislation major changes may shift the way things are going.
Trump juiced the high tech with the tax cut due to growth and Biden juiced the green energy and Cannabis companies when elected.
They drive longer term trends as opposed to daily swings.
So you’re saying a tweet driving short term gains is bullshit too? I agree.
Sector rotation with every presidency is noted though, like you’re saying. [Reply]
Originally Posted by MTG#10:
Jesus Christ. There were all-time highs during every president of my lifetime. Stock market all-time highs happen almost every damn year.
So you're saying Trump's tweets had no positive influence on the stock market? Is that really the hill you're going to die on? And just because I didn't post in this thread until recently doesn't mean I'm new to investing. I've been dabbling in the stock market since 2017.
2017?!?!?!!
I’m so impressed!
Honestly, you’re entertaining in this thread. I can’t wait for your bear market tips when it comes! [Reply]
Was just watching his videos he put out today. He's squirming as everybody is giving him pure hell. the comments are hilarious. He made me a shitload of money October thru January but since then it's been a bear market with those type stocks. He post his balance daily and you can see he's in the same boat.
I find it entertaining . BTW I'm riding BNGO until it does it's thing. I have little patience but am learning to have more. MTG has none whatsoever. :-)
Just remember these youtubers are making money "youtubing". If they shit the bed picking plays it not only cost them in their portfolio it cost them subs and thats their steady paycheck.
You need to follow more than one anyway, stock Moe , Uncle Larry, Sam, Jeremy and several others do well but all are having a tuff time too.
Some guy said, hell, I bought the last 10 dips and now I'm broke!:-) [Reply]
Was just watching his videos he put out today. He's squirming as everybody is giving him pure hell. the comments are hilarious. He made me a shitload of money October thru January but since then it's been a bear market with those type stocks. He post his balance daily and you can see he's in the same boat.
I find it entertaining . BTW I'm riding BNGO until it does it's thing. I have little patience but am learning to have more. MTG has none whatsoever. :-)
Just remember these youtubers are making money "youtubing". If they shit the bed picking plays it not only cost them in their portfolio it cost them subs and thats their steady paycheck.
You need to follow more than one anyway, stock Moe , Uncle Larry, Sam, and several others do well but all are having a tuff time too.
Some guy said, hell, I bought the last 10 dips and now I'm broke!:-)
What's his all-time portfolio high and what's it at now?
This fall of the growth/tech stocks was pretty surprising, mostly because how the indexes are setting all-time highs but these sectors are almost all down. Most of these stocks are down 25-50% from their highs in February, just 6-8 weeks ago. It's been a very quick move that not many saw coming, me included.
I still see some decent buys here though as we get a continued bull run into summer. Many of the charts on these aren't showing clear reversal patterns yet though but I think many could get those losses back over the next few months. [Reply]
What's his all-time portfolio high and what's it at now?
This fall of the growth/tech stocks was pretty surprising, mostly because how the indexes are setting all-time highs but these sectors are almost all down. Most of these stocks are down 25-50% from their highs in February, just 6-8 weeks ago. It's been a very quick move that not many saw coming, me included.
I still see some decent buys here though as we get a continued bull run into summer. Many of the charts on these aren't showing clear reversal patterns yet though but I think many could get those losses back over the next few months.
The highest I remember seeing it was at almost 170,000 around 2 months ago. He's at 157,000 today.
Another fun fact is ,if you follow Cathie and her ARK funds, they were all over 100% returns last year and same thing with those. Last 2 months they're down too. [Reply]
Just invested in 10 Fidelity ETF's with no commission charges. and 3 Mutual Funds- low fees / high returns.
I Shares IEIH
I SHares US Dividend and Buyback DIVB
John Hancock Materials JHMA
FID Materials Index FMAT
FID Health Index FHLC
FID Tech Index FTEC
FID Utilities Index FUTY
FID Industrials Index FIDV
FID Timber Index WOOD - Yes, I got Wood!
Blue Chip Growth FBCG
Mutal Funds
FID Market Index FSMAX
FID Balanced Fund FBALX
FiD Puritan Fund FPURX [Reply]
