unreasonable markets. tick tock tick tock

Topic by Gravel Pit

Gravel Pit

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This topic contains 15 replies, has 7 voices, and was last updated by Gravel Pit  Gravel Pit 4 months, 2 weeks ago.

Viewing 16 posts - 1 through 16 (of 16 total)
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  • #933604
    Gravel Pit
    Gravel Pit
    Participant

    Its coming … just saying.

    The whole thing is a time bomb. Do you really think a year like we’ve had, hasnt made a giant RED LINE on every ledger from Apple, Samsung, Tesla, Disney and MANY other industries too.. Yet markets race ahead in Bull Rallies based on nothing but pesky headlines and talk from politicians. Theyll be trading into the sky while we’re all in a soup line, trading inflated useless fiat. Printing Trillions of Dollars while small minded bigots sell socialist propaganda on TV, and Apes loot/burn cities …

    The rug will be pulled out soon. This might not be a long term slide, it could be another March 2020 at any second. Ive been weary and disbelieving of the entire 6 month long Vee shape recovery. Its all bullsh!t. hindsight is 20/20 … Im shorting all this crap

    man up means man down

    #933605
    +3
    Gravel Pit
    Gravel Pit
    Participant

    man up means man down

    #933607
    +6
    FrankOne
    FrankOne
    Participant
    1975

    Gravel Pit writes: The whole thing is a time bomb. Do you really think a year like we’ve had, hasnt made a giant RED LINE on every ledger from Apple, Samsung, Tesla, Disney…

    CrApple’s Q3 earnings were up 11% year-over-year, the highest ever. As for Samjunk, they’re up 35% for Q3. A red line would imply losses. Those two are very, very black!

    That said, stock prices are based on perception. Even so, the PE ratio is quite high for Apple — frothy even — at about 35.

    Is a PE ratio of 122 reasonable? That’s Amazon.

    How about a PE of an astounding 1,200 (Tesla)? In my opinion, Tesla is WAY overvalued even if nominally ‘profitable’. Tesla’s market cap is above that of the major automakers producing far more vehicles…

    Disney is different — theme parks shut down and it lost $5 billion dollars April-June, so it alone amongst the companies you listed, is in the red short term. But I don’t see its slump lasting more than a year. Eventually viruses burn themselves out, vaccine or not. Social unrest is nothing new. Read about Watts.

    I don’t fear a downturn. I keep buying. I have about $30K in checking account and received $20K on another investment yesterday (annual payout), and I’ll have another $15K in dividends by year end. All of that ~$65K is going straight back in to equities, I fully expect an Oct or Nov dip and that’s when I’ll buy to hold. Time is the ally of the long-term trader. Even if Apple stock drops by 50% AND I had to sell it, I would still have made 500% on it over the many years I have owned it.

    Try putting 50% of new savings into long term investments and the other 50% of savings into short-term speculation, see which is doing better for you over several years.

    Let’s say the S&P takes 3 years to get back to its highs and SPYD index fund, goes back up to 37 in that time — a reasonable expectation in my opinion. If you bought SPYD last week at 27, that’s 37% gain over 3 years. Might not seem like much but keep in mind, let’s say dividend is 4% annually. So the 10K you put in is worth around $15,400 after 3 years if you re-invested those dividends if my prediction pans out. So 54% gain. Not too shabby. We’re still a long way from currency collapse. NY had its bond rating downgraded. But Federal gov did not. https://en.wikipedia.org/wiki/Bond_credit_rating

    #933608
    +3
    Gravel Pit
    Gravel Pit
    Participant

    Try putting 50% of new savings into long term investments and the other 50% of savings into short-term speculation, see which is doing better for you over several years.

    Outstanding post Frank. I always read every drop. I think you gave especially good advise.

    Im glad youre waiting for a dip to buy stocks. I think youll get the chance soon.

    As far as Profit Earnings reports, I think thats what PE must stand for, I think those reports are doomed. Especially Tesla is a ridiculous sh!itbird that will be taking a dive back in the toilet soon.

    We will see. Eventually people wont have money to be buying $900 phones and $3000 tablets just to watch expensive streaming services on. They will have to make a choice, between either maintaining a vehicle that gets them to work and to the grocery store, or they can become insolvent. How much credit card debt and auto defaults can really occur before it poisons the well?

    The economy has a fever. I love Trump but he isnt a warlock, there is no magic that can save the economy.

    Im one of the people on the bottom. Im a 34 yrld “millenial” with no savings, living check to check … most of my peers are worse off than Iam. The Zoomers will NEVER leave home.

    ANYWAY… it will be interesting to see where we are 6 months from now…

    man up means man down

    #933609
    +2
    Gravel Pit
    Gravel Pit
    Participant

    Especially if that Bitch Kamela Harris gets in office, you can kiss the stock market goodbye…

    man up means man down

    #933610
    +3
    Gravel Pit
    Gravel Pit
    Participant

    I LOVE Mike Pence our Vice President. That guy is so composed, he never loses his sh!t under pressure. The Bovine witch Harris, shes like a fresh steaming pile of sloppy manure on a cold morning. She likes to waft herself upwind of everyone, but Mike Pence is like a stormy gail that blows that stinky bitch away. HAHAAHHA

    man up means man down

    #933611
    +5
    The Black Scorpion
    The Black Scorpion
    Participant
    3002

    My investments are food, silver and lead.

    The greatest tragedy in life is to spend your whole life fishing only to discover that it was not fish you were after. - Henry David Thoreau

    #933612
    +2
    Gravel Pit
    Gravel Pit
    Participant

    What goes up, must come down … Im sure Im beating a dead horse, but its not just big tech giants that are going to capitulate, we’re in for a GIANT DISASTER.

    DOOm, Gloom, FEAR, DOUBT… whoooooo be scared… LOL

    https://media.fastestlaps.com/tesla-stock-looks-like.png

    man up means man down

    #933614
    +6
    743 roadmaster
    743 roadmaster
    Participant

    Stop listening to the short sellers, and day traders. It is a waste of time and energy.

    mgtow is its own worst enemy- https://www.campusreform.org/

    #933615
    +5
    EG
    EG
    Participant
    3274

    I recently bought enough shares in a high dividend yield index fund so the reinvested dividends just about pay for one whole share each quarter. Just set it and forget it for twenty years or so, that’s the plan.

    Let every dollar of these woke companies’ marketing budgets be lost on you as MGTOW

    #933616
    +3
    Monk
    Monk
    Participant
    20569

    The entire West is just one vast financial bubble. The biggest Ponzi scheme in history.

    It can’t last. And here’s the news – it isn’t intended to.

    #933623
    +3
    Bub
    Bub
    Participant
    1972

    As far as Profit Earnings reports, I think thats what PE must stand for,

    It’s Price to Earnings Ratio.

    https://en.wikipedia.org/wiki/Price%E2%80%93earnings_ratio

    Just rolling down the road

    #933626
    +1
    Gravel Pit
    Gravel Pit
    Participant

    Nice lil fake out today in Crypto land. Resolved a tightening wedge, then a whale pumped BTC up to just shy of $11000 target but for a mass of sellers. I missed called some plays and lost a few hundred. All you can do is try and anticipate whats gonna happen next and make some dough off it. I had 50/50 chance and got licked again … luckily fast thinking in all that volatility, I can usually get some orders bought that partially absolve minor losses. Still anticipating large move to the SOuth prices.

    man up means man down

    #933648
    Gravel Pit
    Gravel Pit
    Participant

    Okay, had a sh!t trade day yesterday, but the move Im anticipating is happening right now. Bitcoin tippy topped up to the $11,100 zone. This zone is where it actually breaks a former lower high it created a month or two ago. This is where all the traders are anticpating a large volatile move back up to $13,000 …. Instead, I believe its a massive trick, and the price is about to crash back to $10,000.

    anticipation of a NASTY red candle which will make me thousands of dollars …. we will see today

    man up means man down

    #933649
    Gravel Pit
    Gravel Pit
    Participant

    I believe they timed it just perfect, trying to take advantage of North Americans early in the morning. They might sleepily make an order while doing their morning routine, only to come back minutes later and see theyve been liquidated

    man up means man down

    #933728
    Gravel Pit
    Gravel Pit
    Participant

    If stocks go any higher, Im going to vote for Biden …. absolutely sick of this bullsh!t …

    Also, in my opinion, the entire crypto breakout is a hoax trap to fomo people in and sell abunch of crypto up high and tank it back down to $10K or lower. The VOLUME is not there, … people are stuck looking at shortterm charts thinking the volume is high but it isnt, the volume hasnt broken anything we saw during the summer.

    All of it a bubble and the longer they run it up, the BIGGER the burst is going to be. At this point, Im absolutely certain we’re about to see another March 12 like event. A MEGA sell off is going to occur across ALL asset classes.

    Apple is not worth $122 a share, Im sorry
    Tesla is not worth $430 a share, Im sorry
    The DOW is trying to break its ATH (in a year like we’ve had?!) Forget about it … VOTING FOR BIDEN ! sorry. LOL X)

    man up means man down

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