Daily Discussion - Main Discussion thread

Discussion in 'Stock Market Today' started by T0rm3nted, Feb 8, 2021.

  1. Money123

    Money123 Active Member

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    Was $10 but we have analysts targets of low $2.
    [​IMG]
     
  2. Rayak

    Rayak Active Member

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    I understand, but if we could -really- rely on analyst assessments, how easy would it be to get rich pretty quickly?

    If you had a dollar for every dollar somebody else has lost following analysts investing advice, I'm guessing you'd almost certainly be the richest person on the planet!

    As for NOTE, good luck to you! I hope it makes money for you.

    Have you gone back to check and see what the analysts were saying when it hit $11 a share a couple of years back? I'm going to go out on a limb and say it wasn't mostly "SELL". But if it had been, and people who owned the stock had taken that advice, it would have saved them a loss of about 85% since then....

    I don't have a strong opinion on NOTE one way or the other. I'm just sharing my thoughts.
     
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  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Maybe melt up into the election? My guess is Q3 earnings will be pretty strong and it doesn't look like the FED will pause on cutting rates. Election outcomes probably wouldn't cause a big selloff unless the Dems win both the WH and the Congress. As long as we have a divided Congress, the market probably would be okay with either Harris or Trump.
     
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  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  5. Money123

    Money123 Active Member

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    During Tuesday’s trading session over 20% of stocks in the S&P 500 traded at a 52-week high, while no stocks traded at a 52-week low, per Bespoke Investment Group.

    That marked the strongest net percentage of stocks hitting new 52-week highs in a single trading session since March 21. And omitting that one day in March, it was the highest since May 2021
     
  6. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Bank stocks and bitcoin are doing well lately while the treasury yields are moving up, the market might be pricing in a Trump victory next month :popcorn:
     
  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Busy earnings week this week with the big cap tech reporting their earnings and the election is next Tuesday, could be 2 pretty busy weeks ahead for the market before we are heading to the holiday season/EOY :D
     
  8. Money123

    Money123 Active Member

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    Yeah Google Oct 29th Lyft Nov 6
     
    #4388 Money123, Oct 28, 2024
    Last edited: Oct 28, 2024
  9. Money123

    Money123 Active Member

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    Strange expecting the markets to go up alot with earnings this week and next.
     
  10. Money123

    Money123 Active Member

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    The economy grew 2.8 percent they were expecting 2.6
     
  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Well good luck to all this week, could be a pretty volatile week then we might begin to settle down into EOY but if Trump is elected then we could see his mouth moving the market rest of the year though :lauging:
     
  12. Money123

    Money123 Active Member

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    Trump won house and senate alot getting done 4 years with Trump.
     
  13. Rayak

    Rayak Active Member

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    No offense intended - but it is really necessary to post the same message in multiple threads? If this was the first time, I wouldn't have mentioned it, but it seems to be a habit - and one that I don't often see from other users.

     
  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Bank stocks flying, I did add some stocks that would have benefited from either Trump or Harris Presidency, bought some banks shares on the potential Trump win and they are flying today :D Homebuilder stocks were my picks to play Harris win and they are down today of course
     
  15. Money123

    Money123 Active Member

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    I'm rolling in money $LYFT AND $GOOGL. WILL POST ONCE.
     
  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I think rest of the year is looking pretty good for the market with the election now out of the way, don't see a really huge correction unless we get some shockingly high inflation data, shockingly bad jobs number or NVDA offers a bad guidance when they report later this month, etc. Next year could become more volatile when Trump enters into the WH :popcorn:This time he won't have to worry about reelection and it will be his last 4 years as a President, he might go a little crazier on his policies than his first term and could cause some volatility, we will see. :popcorn:
     
  17. andyvds

    andyvds Active Member

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    Crypto going up like crazy.
     
  18. Money123

    Money123 Active Member

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    Nifty 50 tanked today prob markets going down today also
     

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