What do you tell/ask your wealth manager in times like this?
Stock Markets
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Last: 7 min ago by SW AG80
AnyOtherName said:
What do you tell/ask your wealth manager in times like this?
They may not be taking calls today as they are busy moving cash into safe havens to stop the bleeding.
hedge said:
What's a carry market?
Username does not fit
Added some Bitcoin and NVDA
So as a 28 year old going through this for the first time what should I expect and where should I put my money?
AMZN GOOG and MSFT are all tempting me here.
Added: TNA, SMCI, NVDA
Opened: SSO, TQQQ
Opened: SSO, TQQQ
Well that fills NVDA earnings gap
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AG
TDub said:
So as a 28 year old going through this for the first time what should I expect and where should I put my money?
If you're in a position to take chances take em. I'd start buying blue chips that have dropped but continue to leave cash allowing for more buying and averaging down if it continues to fall
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tysker said:hedge said:
What's a carry market?
Username does not fit
VIX has never been higher in the last 15 years except March 2020. Again, hold on to your butts.
We need names fella!
Bottom definitely still not in, everything keeps going down
Something something falling knife….
gougler08 said:
Bottom definitely still not in, everything keeps going down
There's going to be margin calls going out today, plus you're going to have a lot of folks panic selling.
Bottom definitely not in.
F you Goolsbee. You and your ilk are the problem not the solution
Yep.
I'm keenly watching SPY. The last dip in April around 494-ish took a few days to get away from. If it happens to lose that today/week, there are several weak supports below but with this kind of energy, it could be bad.
I'm keenly watching SPY. The last dip in April around 494-ish took a few days to get away from. If it happens to lose that today/week, there are several weak supports below but with this kind of energy, it could be bad.
Brewmaster said:dayum! 2 hours ago it was 58k. It's in dump mode.Dan Scott said:
Bitcoin 53K
Wow
49k
Are yall predicting a mass sell off at open then a sizeable bounce?
Anyone out there with thoughts on if the changes to T+1 settlement is affecting the selloff? Quicker margin calls and not as easy to bring in cash to cover
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Good insight from Peter Lynch. Oldie but a goodie
Peter Lynch talking about pullbacks in the Stock Market
— Evan (@StockMKTNewz) August 5, 2024
pic.twitter.com/rz1OOyDudP
Ok no bull****, how far do we see this going down?
Nothing. Send them a bottle of scotch and tell them to call you when it stops dropping.AnyOtherName said:
What do you tell/ask your wealth manager in times like this?
Let's just see if trading is halted at some point before calling that.hedge said:
Ok no bull****, how far do we see this going down?
It's not something you can accurately pin.hedge said:
Ok no bull****, how far do we see this going down?
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Red Pear Luke (BCS) said:tysker said:hedge said:
What's a carry market?
Username does not fit
The real answer:
If you want to understand why the markets are collapsing, watch this video on the Yen Carry Trade. pic.twitter.com/73TBz0tAVt
— Aaron Levie 🇺🇸 (@levie) August 5, 2024
hedge said:
BTC is falling like a rock
Joe Wiesenthal: "BTC isn't a store of value, it's three tech stocks in a trench coat."
Buy the dip. This is too much too fast.
Vix at 55 lol
Vix at 55 lol
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Will I be the only one BTMFD today?
Guys, I've been warning about a generational top in the market. If this is it, its just the start. There's going to massive margin calls today. Do NOT catch the knife. This market will bounce at some point, but its extremely unlikely its going back up to where it was. Please be careful and protect your money.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
- I Bleed Maroon (distracted easily by signatures)
I'm glad I wired more money to my trading account Friday. I will be adding to my positions during this blue light special (Old Ags will get it).
200 day is at 506, but we will probably overshoot it now. bottom of SPY trend line is about 490.hedge said:
Ok no bull****, how far do we see this going down?
you know it's a sell off when even metals dip.
For some of us it will be.Farmer @ Johnsongrass, TX said:
Will I be the only one BTMFD today?
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