The Market 2021

Discussion in 'Finance, Investments, and Careers' started by Folster, Jan 7, 2021.

  1. dscher

    dscher Registered

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    Yes. Shorting is not for everyone, nor advised for the average investor. Nonetheless can provide nice hedging opportunities.
     
  2. Russ Smith

    Russ Smith The Original Whizzinator Contributor

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    Yeah to be clear I'm not a Musk fan but I'm not knocking Tesla at all, I just don't understand it enough to feel safe buying it. Which obviously was a huge mistake on my part.

    With crypto I don't have a clue, I'm amazed at what Bitcoin is doing right now. It just seems way too easy to convince people you need to get in you need to get in I still don't understand it enough to grasp what's driving it up beyond simple hey it's going up I need to get in. It seems like a classic pyramid but some very intelligent people insist it's not. It played a huge role of course in driving the price of SQ up for example

    In general I try to stay away from things I don't understand, and it doesn't always benefit me to do so!
     
  3. puckhead

    puckhead Waxing Gibbous Contributor

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    Never discount the benefit of keeping your blood pressure under control! :)
     
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  4. Devilmaycare

    Devilmaycare Registered

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    On bitcoin I stay away from it because I do understand it. ;)
     
  5. Folster

    Folster he/haw

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    I'm sure glad I sold Twitter a few weeks ago.
     
  6. Folster

    Folster he/haw

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    Bitcoin is down 15% today, just crushing the late arrivers. It's not a currency yet. It's not an alternative to gold yet.
     
  7. 82CardsGrad

    82CardsGrad 7 x 70

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    LOL... Sure... because shutting down the Trump freak-show is gonna cost them... LOL... if anything, their branding and image will be dramatically enhanced by their actions.
     
  8. Folster

    Folster he/haw

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    They're down 6.5% today. Like it or not, Trump generated huge engagement from his supporters and even more from his haters. Twitter attracts some of the most fervent activity from both sides of the aisle. Losing a subset of your user base and a huge attraction for engagement is not good for business. You can argue ethics and morals all you want, but that is not the point.
     
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  9. 82CardsGrad

    82CardsGrad 7 x 70

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    The NASDAQ is down 150 points at present... so, yea, Twitter is down along with 99.9% of the rest of the NASDAQ. But good luck in your efforts to try to time the market. ;)
     
  10. Folster

    Folster he/haw

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    The Nasdaq is down 1.14%. Twitter is down 6.5% What's you point? We're not taking about politics here. I don't care if you support Twitter's decision. That's irrelevant to the conversation. This is not P&R
     
  11. 82CardsGrad

    82CardsGrad 7 x 70

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    If you're a day trader, your points have merit... otherwise, check back in 6 mos.
     
  12. Folster

    Folster he/haw

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    I do long term disciplined investing in my retirements accounts where I do not dabble in individual stocks. With a very small percentage of my investable assets, I dink around with individual stocks in a non-retirement account.
     
  13. dscher

    dscher Registered

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    Lol. No doubt. This is like saying CNN's ratings would have been just fine without Trump in office the past four years. He was Zuckers wet dream. :)
     
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  14. BigRedRage

    BigRedRage Reckless Contributor

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    Glad you could bring political discourse to a conversation about finances. The board has really rubbed off on you.
     
  15. puckhead

    puckhead Waxing Gibbous Contributor

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    "If they hate him, why do they listen?"

    "Most common answer, 'I want to see what he says next.'"
     
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