The Official Stock Market Thread

[oldgoldy97]

Here we go!

[Blazed]

Originally Posted by Blazed

Yes I know it's hindsight but when a stock drops you have a high probability of losing entering in between levels - currently in between the MA's

Also, when the CEO steps down out of nowhere, that's a sign to "wait and see"

Just because a stock dips, doesn't mean it's an automatic buy - It was 600 > dipped to 500 > 400, now below 300. Gotta look at why it's dipping

226 - 257 would be a good entry to catch a bounce - that's what the algo's and the HFT's see as well as anyone else who can read charts

If it doesn't get down there, who cares. The market is open every day and new setups happen daily

226 - 257 would be a good entry to catch a bounce✅

Trading is easy, just have to have patience and have a plan

[SethMurphy]

Asking those with more knowledge. I have EVGO and have for a while. It's running at close to double what I entered and has been rising again after earnings.

Does this feel like a continue to hold option, or something to take the winnings if you will and move on?

[finfangfan]

Originally Posted by SethMurphy

Asking those with more knowledge. I have EVGO and have for a while. It's running at close to double what I entered and has been rising again after earnings.

Does this feel like a continue to hold option, or something to take the winnings if you will and move on?

I never think of things as an all or none. If you are undecided, you can always trim a bit and have the best of both worlds.

[jcardstore]

Originally Posted by SethMurphy

Asking those with more knowledge. I have EVGO and have for a while. It's running at close to double what I entered and has been rising again after earnings.

Does this feel like a continue to hold option, or something to take the winnings if you will and move on?

I don't have any more knowledge than anyone else here but here's my take on EVGO and your situation.

If you're at a double I would at minimum take half off the table so you can't lose anything on the trade, you can reallocate that capital to something else.

I think the company itself is just not a good long term name in general and I'd just take a double and be happy.

• It's losing a lot of money and the losses are getting wider.
• Mgmt has been diluting share holders and will continue to do so. Their ATM program still has $180M to issue new shares.
• Poor margins and high fixed costs to manage the charging infrastructure
• Trading below 200DMA

Basically, they have to significantly improve margins and scale before management dilutes which I don't think is possible. It's just a bad public company and I would not want to own it.

[SethMurphy]

I appreciate the insights

[KhalDrogo]

Originally Posted by Siberian13

Feel like another big down day is coming. This thread needs chicken little

Originally Posted by oldgoldy97

Here we go!

Y’all are stuck in your doom loop yet another day.

[Siberian13]

Originally Posted by KhalDrogo

Y’all are stuck in your doom loop yet another day.

Mine wasn’t serious

[KhalDrogo]

Trimmed TSLA and NVDA.

[KhalDrogo]

Originally Posted by cms11

Being all cash right now is smart and there's still a major recession expected if the China tariffs don't change. Never heard the claim about "American exceptionalism ending", but this administration is negatively hurting the U.S.'s image and influence in the world.

Posted April 25. LOL. Have missed out on 500 points on the S&P since.

Be careful who you’re listening to when it comes to trading/investing advice. A 95% chance the person on the other side of the keyboard can’t evaluate the market environment objectively.

[Giroux]

https://m.youtube.com/watch?v=5-aAit...BSYW5keQ%3D%3D

[oldgoldy97]

Maybe he took Warren Buffet’s strategy and not that of some rando online Pokemon flipper.

[jcardstore]

Originally Posted by KhalDrogo

Posted April 25. LOL. Have missed out on 500 points on the S&P since.

Be careful who you’re listening to when it comes to trading/investing advice. A 95% chance the person on the other side of the keyboard can’t evaluate the market environment objectively.

The people posting online talking about being “all cash” aren’t serious investors anyways.

It’s a catchy, fun thing to say but when they claim they’re going all cash they are just talking about the $1000 in their robinhood account.

[KhalDrogo]

Originally Posted by oldgoldy97

Maybe he took Warren Buffet’s strategy and not that of some rando online Pokemon flipper.

I’m not sure you can, but try to find the difference between these two.

Originally Posted by cms11

Being all cash right now is smart and there's still a major recession expected if the China tariffs don't change. Never heard the claim about "American exceptionalism ending", but this administration is negatively hurting the U.S.'s image and influence in the world.

[Josh611]

Berkshire historically has been around 15% cash. It’s not that much additional cash, especially given the challenges insurance companies have faced over the last few years.

[KhalDrogo]

Originally Posted by jcardstore

The people posting online talking about being “all cash” aren’t serious investors anyways.

It’s a catchy, fun thing to say but when they claim they’re going all cash they are just talking about the $1000 in their robinhood account.

I’m not sure this is true for cms. I think he actually went 100% cash and thinks he’s winning with his money having sat in a money market account since January 17. I hope he enjoys paying his state and federal taxes on whatever capital gains he realized when he sold out.

[jcardstore]

Originally Posted by KhalDrogo

I’m not sure this is true for cms. I think he actually went 100% cash and thinks he’s winning with his money having sat in a money market account since January 17. I hope he enjoys paying his state and federal taxes on whatever capital gains he realized when he sold out.

Well then he let his emotions drive his financial decisions and will suffer in the long term because of it.

But the people who are the doom and gloomer world ending types try to time the “crashes” end up selling the bottom and buying the top. They repeat this over and over again and then blame “market manipulation”

[KhalDrogo]

Originally Posted by jcardstore

Well then he let his emotions drive his financial decisions and will suffer in the long term because of it.

But the people who are the doom and gloomer world ending types try to time the “crashes” end up selling the bottom and buying the top. They repeat this over and over again and then blame “market manipulation”

It’s always someone else’s fault with these kinds of people.

Stupid commentary of the weekend goes to the guys who have been calling for a huge sell-off Monday because of the credit rating news.

1. That’s irrelevant.
2. Even if it were relevant, that’s already in the past and baked in.

Stock market losers trade on the past and present. Winners trade on the future. It’s not about predicting the future. It’s about assigning proper weight to possible outcomes. Most of this thread doesn’t understand that.

[Boo]

The people who went all cash didn’t do it for any economic reasons, they did it because of their hate for one person. It’s hard for me to imagine hating someone enough to throw my future away.

[Siberian13]

Originally Posted by Boo

The people who went all cash didn’t do it for any economic reasons, they did it because of their hate for one person. It’s hard for me to imagine hating someone enough to throw my future away.

When it goes down, certain members will post.

[Siberian13]

Does the Moody credit rating thing even matter tothe stock market? Will it mess with Mondays open?

[Boo]

Originally Posted by Siberian13

Does the Moody credit rating thing even matter tothe stock market? Will it mess with Mondays open?

Matters a little more than the Moldy credit rating.

[Siberian13]

Originally Posted by Boo

Matters a little more than the Moldy credit rating.

I’m happy he finally left the house. We were all worried about him

[oldgoldy97]

Strong start.

[cnewby]

Originally Posted by Boo

The people who went all cash didn’t do it for any economic reasons, they did it because of their hate for one person. It’s hard for me to imagine hating someone enough to throw my future away.

Unfathomable.

But here we are, making our own, educated decisions.