The problem is that everyone was told to overweight equitie, even the retirees. They can’t afford to ride out the downtur.
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OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
I know quite a few experienced (even professional) investors that reduce their personal holdings when conditions deteriorate. Not sure a "novice" investor status is key.
We're in a dubious situation with hyper-inflation, a Fed that's waited too long to raise rates, an over-valued equities market, a volatile geopolitical dynamic, an ailing supply chain, an approaching midterm election, etc.
It's just unrealistic to not rebalance your portfolio in such times. Especially if your equities have had a sizeable runup over the last few years. Taking profits is ok. Waiting for stabilization of economic conditions and a prudent time for re-entry is ok.
Does this make NFLX a buy?
theankler.com
Pod: Netflix Becomes a Takeover Target
Media analyst Rich Greenfield also names a familiar top executive who should join the streamer
theankler.com
+1
Agreed. Lower prices are a blessing when you are accumulating. Younger/novice investors are easy to scare, but so are old bears. I guess they have PTSD since they see a crash all the time no matter what.
Sure. But some posters habitually categorize rebalancing/restructuring as panic selling or fear selling, when it's just being prudent and sound. Markets giveth and markets taketh. Currently, there are signs we could be in for an extended rough patch. I've adopted a modified "all weather" approach a year or so ago, slowly migrating assets. I suppose once you reach retirement (like me), and have done well, and have been thru a few cycles, your approach changes.
Be greedy when others are fearful, and fearful when others are greedy, so said the Oracle of Omaha. But that's a mindset of a fund manager, one sitting on $130 billion pile of cash. He'll only be buying when he sees absolute value. He'll also divest when the metrics of any holding become unfavorable.
Another good point. There was so much panicking on this board in 2018 and 2020. Many of the bears bailed out and missed the boom, especially in 2020. Important lesson to learn, the quicker a crash, normally the quicker the rebound. It happens in a relative blink of an eye. Bail out of the market and you will miss out. People forget that even in 1987 after the quickest crash since 1929, the market ended 1987 in the black! LOL. The Dow was up 2-3%.
Numerous studies show that DCA is the best way to invest, even better than having "perfect" timing.
Ya current market seems very much in line with the predictions of choppy first half and strong 2nd half.
Steve Leisman was saying/theorizing late this past week, that this most recent downward move was the market getting out ahead of the fed and the potential for a .75% rise in rates, in essence saying "don't do it". (or something like that)
Now I find these statements about what the market is "saying" a bit disingenuous as there is typically numerous things at play, not just one specific thing.. Still I found this thought interesting. The market making moves so as to persuade the fed, as opposed to the market just reacting to what the fed has or may do.
Seeing BTC hanging in that 39K range this weekend.
Wondering if that is indicating the potential for a near term bottom for the stock market as well? Or is crypto waiting for the stock market to reopen and will follow it's direction once it does?
Side note: Since the fall from 69K down to the low 30'sK which bottomed in January, BTC has been on a solid trend of higher highs and higher lows. Looks like it would need to stay above 37.5 and then get back over 48K to keep that going.
Wondering if that is indicating the potential for a near term bottom for the stock market as well? Or is crypto waiting for the stock market to reopen and will follow it's direction once it does?
Side note: Since the fall from 69K down to the low 30'sK which bottomed in January, BTC has been on a solid trend of higher highs and higher lows. Looks like it would need to stay above 37.5 and then get back over 48K to keep that going.
If BTC and crypto tanked would it take the entire market down with it or would it create a flight to safety in the stock market?
I mentioned this above, the market is banking in absolute MAX fear and panic so any "good news" or just "slightly less bad than expected news" will trigger a massive rally.
It is almost a mathematical certainty that inflation will start going down with the April or May data points (due to the base effect).
I don't think Crypto tanking would take down the market I think the reverse is true though, the market tanking would take down crypto.
As per the stock market being a flight to safety if the crypto market tanked? I dunno, the people who invest in crypto I feel, if they invest in stocks, they invest in the arkk type high growth stocks which I think would also be tanking if crypto tanked. Would they be willing to transition to more "defensive" stocks, even if that means FAANG types? Again I dunno.
Since I have a low % in stocks, I just started nibbling on stocks that are down near their lows AMZN, AAPL, and UNH. I’m hoping they actually fall quickly and much further down so I can take advantage of the downturn. I see on CNBC, a few have mentioned S&P to 3,800.
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What does Cramer say? LOL. Buy, buy, buy the dip? Or dips? Try and catch the falling knives?
I kid. I kid. Have to try and find some humor in this market. But 3400-3800 for the S&P still might be optimistic.
I kid. I kid. Have to try and find some humor in this market. But 3400-3800 for the S&P still might be optimistic.
No, the S&P is going to 1,000. Bear power!
FYI, starting to sound like Elon's offer for Twitter is going to be accepted. Yikes!
Salesforce, Danaher, Coterra Energy, Halliburton, and Humana. They have also been buying a good amount of QCOM over the past week.
Humana and Coterra are new positions.
You don't understand how this works.
Twitter says it's being acquired by Elon Musk for $44 billion
Elon Musk and Twitter have agree to a sale of the social networking site for $44 billion.
Good deal for TWTR shareholders. Go Elon!You don't understand how this works.
Twitter says it's being acquired by Elon Musk for $44 billion
Elon Musk and Twitter have agree to a sale of the social networking site for $44 billion.finance.yahoo.com
Has there been any discussion of Bill Gates having a half billion shorting Tesla?
"Upon completion of the transaction, Twitter will become a privately held company."
www.prnewswire.com
www.businessinsider.com
Elon Musk to Acquire Twitter
/PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon...
www.prnewswire.com
Elon Musk ruthlessly cleaned house of any Tesla workers who disagreed or got in his way, a new book says
Elon Musk says he doesn't rage-fire people, but a new book on Tesla tells a different story, detailing moments when the CEO erupted at employees.
www.businessinsider.com
"Upon completion of the transaction, Twitter will become a privately held company."
Elon Musk to Acquire Twitter
/PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon...
Elon Musk ruthlessly cleaned house of any Tesla workers who disagreed or got in his way, a new book says
Elon Musk says he doesn't rage-fire people, but a new book on Tesla tells a different story, detailing moments when the CEO erupted at employees.
Fun Fact: Musk has citizenship in three countries: South Africa, Canada, and USA."Upon completion of the transaction, Twitter will become a privately held company."
Elon Musk to Acquire Twitter
/PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon...
Elon Musk ruthlessly cleaned house of any Tesla workers who disagreed or got in his way, a new book says
Elon Musk says he doesn't rage-fire people, but a new book on Tesla tells a different story, detailing moments when the CEO erupted at employees.
His proclamation is that Twitter should be the "town square," an open forum of free speech.
What could go wrong?
Elon - Fired everyone on the board! :)
.....https://www.youtube.com/watch?v=zYwTBsaPQ2o&list=WL&index=3
.....https://www.youtube.com/watch?v=zYwTBsaPQ2o&list=WL&index=3
Shocked they didn’t counter - who the hell actually believes the best and final nonsense.
Gates asked Elon for money for a philanthropic climate change partnership.
Elon asked Gates if it's true he has a 1/2 $billion short position against Tesla.
Gates confirmed.
Elon replied, "Sorry, but I cannot take your philanthropy on climate change seriously when you have a massive short position against Tesla, the company doing the most to solve climate change."
Good for Elon.
I would be totally surprised if the Board and Twitters investment bankers weren’t exploring other offer or opportunities prior to accepting the offer. That’s generally the way it works.
The company isn't worth $54. Not even close. Elon gave them a lifeline.
Herschel Walker said Musk is now his favorite African American lol
I like Musk and he has his worst battles to come over Twitter
However I'm still wary of his robust transhumanism impulses - its not just about medical
Most people don't realize that about Musk
For now though I'm glad if he takes out the Klingon (Parag Agrawal)
Elon Musk’s Disturbing Dalliance With Transhumanism
While in some ways a welcome change from the leftist Silicon Valley monolith, Musk shows a dangerous penchant for transhumanism.
thefederalist.com
How about you actually listen to the man instead of your wack a doodle propaganda.Herschel Walker said Musk is now his favorite African American lol
I like Musk and he has his worst battles to come over Twitter
However I'm still wary of his robust transhumanism impulses - its not just about medical
Most people don't realize that about Musk
For now though I'm glad if he takes out the Klingon (Parag Agrawal)
Elon Musk’s Disturbing Dalliance With Transhumanism
While in some ways a welcome change from the leftist Silicon Valley monolith, Musk shows a dangerous penchant for transhumanism.
From the TED interview last week:
"I would not want to live forever. I'm not afraid of dying. I think it will come as a relief"
The goal of Neuralink is help people with brain and spinal injuries. Downloading someones consciousness into a computer, even if possible, would be decades away.
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TWTR used Goldman. No question other potential bidders were approached. The only other name that appeared in the press was Apollo (And that was to finance the purchase, not purchase TWTR itself). If other parties emerged and were serious, a more formal and extended process would have come together. As is, I don’t even think a “go shop” period was negotiated. Seems like it was Musk and only Musk. We will know for sure when the proxy is filed.
EDIT: I’ve read other news reports citing interest from other Private Equity firms. Since Musk had to pledge his TSLA shares to provide enough capital to finance a Board accepted bid, it’s likely other bidders balked at valuation.
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I much prefer Musk’s brand of Transhumanism over that of Bill Gates, Klaus Schwab, etc.Herschel Walker said Musk is now his favorite African American lol
I like Musk and he has his worst battles to come over Twitter
However I'm still wary of his robust transhumanism impulses - its not just about medical
Most people don't realize that about Musk
For now though I'm glad if he takes out the Klingon (Parag Agrawal)
Elon Musk’s Disturbing Dalliance With Transhumanism
While in some ways a welcome change from the leftist Silicon Valley monolith, Musk shows a dangerous penchant for transhumanism.
