OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[degenerate423]

Yea it doesn't but ok

 

[lboogie98107]

Thoughts on obtaining Volks Waagen shares now for long term flex???

 

[Brownstone]

 
Thoughts on obtaining Volks Waagen shares now for long term flex???

I love the idea. I still think it hasn't bottomed out yet.

 

[teamjordan79]

it's a bluff, the Fed won't raise rates because the dollar is already too strong. Whether QE causes deflation is another topic.

The currency wars are also ramping up. China, Norway and Brazil just devalued theirs. Low commodity prices and Chinese PMI aren't looking good .... i'd say we're on the cusp of another crash.

Investing in stocks right now is like investing in September, 1929 .... all the QE money since 08 has reinflated the bubble and without another injection, the economy will tank.

 

[Chopper]

NKE 

 

[dathbgboy]

My goodness NKE goin crazy right now, gon lose half those gains on Monday though

 

[noskey]

 
Thoughts on obtaining Volks Waagen shares now for long term flex???

I love the idea. I still think it hasn't bottomed out yet.

If you want to invest in VW, wait until after the fines have been levied and recalls sent out. The price hasn't even begun to bottom out. This is a worldwide disaster for VW, and the stock is going to suffer for the next couple years if everything goes as it seems it will. Think GM in 08.

 

[Chopper]

My goodness NKE goin crazy right now, gon lose half those gains on Monday though

So short it... I've been riding this way since $66, and let me tell you, it's good. 

 

[dman14]

biotech getting crushed

 

[mynameaintg]

biotech getting crushed

i read a lot of people were blaming Hillary and something she said hurt bios. what exactly did she say about biotechs?

 

[based mod]

biotech getting crushed

i read a lot of people were blaming Hillary and something she said hurt bios. what exactly did she say about biotechs?

Her response when asked about the douche CEO that monopolized the manufacturing facilities of a life-saving out-of-patent drug and raised the price from $13/dose to $700. She mentioned something about imposing regulations on pricing.

 

[johnnyredstorm]

Lot of soft money in biotech. First negative report/trauma in the market will lead to panic selling/profit taking in that sector. As we saw.

 

[tennhouse2]

2 weeks in to my new job at capital group (american funds)

 

[johnnyredstorm]

looking at some charts. lot of ugly patterns on weekly and monthlies, could be in for more downside. have a plan, dont get hopeful and manage that risk.

 

[superantigen]

2 weeks in to my new job at capital group (american funds)

What are your responsibilities, if you don't mind me asking?

Care to drop some insider information?







...

 

[slighted]

^ What insider info could he possibly drop?

At most, it'll be the names his team is looking at if he's in the mutual fund / investing side.

 

[based mod]

BRB jumping off a bridge

 

[johnnyredstorm]

BRB jumping off a bridge

You live near the Golden Gate Bridge

 

[based mod]

Nah I'm in SD now, but I have the beautiful Coronado bridge to jump off

 

[Chopper]

BRB jumping off a bridge

Still got that SUNE I take it? 

 

[based mod]

BRB jumping off a bridge

Still got that SUNE I take it? 

[emoji]128557[/emoji]

 

[degenerate423]

I hate this market. The DOW cutting its losses from down 200 points is ******** .

 

[dathbgboy]

I'm not even looking at the market man, it's so ugly right now. Market will react negatively to almost anything

 

[johnnyredstorm]

I don't mind this market, but I've been trading like ****. I keep making the same damn mistakes over and over again. I came up with this strategy using hourly pivots and value area and it works, but I keep taking trades before the pivots are breached and value area supports the trade. Gotta stop doing this ****.

 

[based mod]

Interesting candle today