The StoNks thread

[Gwaihir]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

TSLA is hit or miss long term, if they get their autonomous driving tech figured out before everyone else, it’s going up. If not, that valuation is dropping to 1/3-1/2 of where it is now

Who knows, my crystal ball isn’t working

Yeah, and I believe Nvidia is technically producing superior software, but the "slide" it has experienced over the past 6 weeks should be over for the short term (6week) horizon. Personally, I wont touch it because I don't want to own it for longer due to the same reasons you've expressed.

You see WPM continuing it's climb?. I can't believe they're still offering double your money on a 35/45 bullish spread 18 months out. It closed at 47.50 today.

Anyhow, LIT over DRIV, and WPM over Glencore, although Glencore is not a bad investment right now either. Vale is another ticker worth a look. Considerably better dividend on it compared to other miners.

[Patriam1066]

Originally Posted by Gwaihir [You must be logged in to view images. Log in or Register.]

Yeah, and I believe Nvidia is technically producing superior software, but the "slide" it has experienced over the past 6 weeks should be over for the short term (6week) horizon. Personally, I wont touch it because I don't want to own it for longer due to the same reasons you've expressed.

You see WPM continuing it's climb?. I can't believe they're still offering double your money on a 35/45 bullish spread 18 months out. It closed at 47.50 today.

Anyhow, LIT over DRIV, and WPM over Glencore, although Glencore is not a bad investment right now either. Vale is another ticker worth a look. Considerably better dividend on it compared to other miners.

I sadly still do not understand options well enough for them to be profitable in my portfolio.

As for tech, I am re-upping AMD if it gets to $70. I’ve had tons of shares of them and nvidia for a while (and Intel and AMAT), but I think AMD is the most undervalued. But I don’t know shit about the market and where they come up with these valuations. Do you think AAPL is going to go higher ? Long term I know it will, but by how much?

[Gwaihir]

AAPL: up 65% over the past year: earnings per share: down 65% over the past year. Meme stock alert. In July, after tech rebounds over the next 6 weeks, apple will release their quarterly report with more shitty news, but they'll say something promising about their shitty services sector and the dumbasses will eat it up. It's kind of a shame really. Small cap tech companies got killed by more than 20% over the past 6 weeks. Apple lost 7%.

[Patriam1066]

Originally Posted by Gwaihir [You must be logged in to view images. Log in or Register.]

AAPL: up 65% over the past year: earnings per share: down 65% over the past year. Meme stock alert. In July, after tech rebounds over the next 6 weeks, apple will release their quarterly report with more shitty news, but they'll say something promising about their shitty services sector and the dumbasses will eat it up. It's kind of a shame really. Small cap tech companies got killed by more than 20% over the past 6 weeks. Apple lost 7%.

I sold AAPL at $135 so I agree, but it is tempting to buy them now because I think they’ll go to $145 temporarily before dropping again

I definitely think you’re right that these valuations are insane. I’m also following LYB

[Patriam1066]

Someone explain what’s happening to the market for me

Also someone explain why it isn’t the case that we’re allowing inflation to minimize the effect of the national debt, and how running deficits wouldn’t inevitably lead to this. I’ve often wondered why people continued to say “we can just print money and it doesn’t matter.” It obviously does, but someone smarter than me please explain it

[Baler]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

Someone explain what’s happening to the market for me

money printer go brrrrr
Foreign oil go brrrrr

[Botten]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

Someone explain what’s happening to the market for me

Also someone explain why it isn’t the case that we’re allowing inflation to minimize the effect of the national debt, and how running deficits wouldn’t inevitably lead to this. I’ve often wondered why people continued to say “we can just print money and it doesn’t matter.” It obviously does, but someone smarter than me please explain it

https://www.youtube.com/watch?v=yq_E3HquRJY

It is hyped when one party isn't in power. And that party likes to explode the debt when they are in power.

[imperiouskitten]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

Lol this is pretty brilliant.

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

Someone explain what’s happening to the market for me

Also someone explain why it isn’t the case that we’re allowing inflation to minimize the effect of the national debt, and how running deficits wouldn’t inevitably lead to this. I’ve often wondered why people continued to say “we can just print money and it doesn’t matter.” It obviously does, but someone smarter than me please explain it

i am not rly sure how it was decided that debt doesn't matter, but the answer is contained in MMT. IE it seems to be a tenet of MMT. maybe someone else could explain it to me.

we got hit pretty hard the last few weeks on stonks & coins [You must be logged in to view images. Log in or Register.] ow

[Pulgasari]

Originally Posted by imperiouskitten [You must be logged in to view images. Log in or Register.]

i am not rly sure how it was decided that debt doesn't matter, but the answer is contained in MMT. IE it seems to be a tenet of MMT. maybe someone else could explain it to me.

we got hit pretty hard the last few weeks on stonks & coins [You must be logged in to view images. Log in or Register.] ow

It's like this

[Patriam1066]

Lol buddy I generally vote Republican but a big part of voting Biden in 2020 was trump not raising taxes to pay for his stimulus BS. I’ve been consistent on the idea that debt is fundamentally unsound for any entity (I’d ban usury)