The StoNks thread

[Patriam1066]

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

RSI on QQQ (NASDAQ top 100) closed at 73. Time to lock in those gains, boys. Pullback gonna start this week.

Underwhelming June jobs report coming in on Friday, and everyone in the stock discussion forums laughing about how it's impossible to lose with this ETF/Index while Biden's team is considering how to increase corporate taxes on the tech sector.

Index funds aren’t on Biden’s time scale. They are for the purpose of building wealth, not getting rich. The difference is happy children vs chains and “grills” and big rims

Kinda saddens me you missed the point on that one

[Gwaihir]

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

Index funds aren’t on Biden’s time scale. They are for the purpose of building wealth, not getting rich. The difference is happy children vs chains and “grills” and big rims

Kinda saddens me you missed the point on that one

No, you're missing the point. NDX, and the market on the whole (VTI) are considerably outpacing it's annual CAGR. There's nothing particularly spectacular about the market this year for it to be increasing at the rate that it has thus far; essentially returning an entire year's gains in the first 2 fiscal quarters. This is the kind of "run-up" typically associated with a market correction.

Couple this with the fact that NDX (which QQQ aims to emulate) is only the "top" 100 of the 3300+ companies within the nasdaq index, which is underperforming NDX and you can expect to see a short term shift in value stocks, as well as a commodity industry which has been shit on for years while big-tech has led the race devaluing commodies' true market share.

If June 2021 were every month 2021, this would be the largest run-up in the nasdaq since 1999 which was followied by the dot com crash.

0.062/ the natural logarithm of 2 = 0.683 = 11 months to double. 1999 only had a cagr of 88%

[Gwaihir]

You should also consider that most of the hardware and software sales increasing the valuations of tech's largest contributors came as a result in a surge of sales toward the government's education sector in Q3 and Q4 2020, expecting that model to continue is a bit absurd. The school year of "Jubilee" is over.

[Gatordash]

You have to think we are going to run into a liquidity issue eventually unless Congress can pass some more debt, but ultimately this thing isn’t ending until people believe the government isn’t going to bail them out of their shitty over extended investments. The current belief is the fed will talk about easing QE and possibly increasing rates after their Jackson hole meeting, but I’m not buying it. PUA runs out at the same time and you can’t have the market crash when that happens, especially when inflation is through the roof with no signs of stopping with the delta variant. The market will continue to run up on nothing but psychology through at least the end of the year because the fed is in too deep already.

[Gatordash]

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

No, you're missing the point. NDX, and the market on the whole (VTI) are considerably outpacing it's annual CAGR. There's nothing particularly spectacular about the market this year for it to be increasing at the rate that it has thus far; essentially returning an entire year's gains in the first 2 fiscal quarters. This is the kind of "run-up" typically associated with a market correction.

Couple this with the fact that NDX (which QQQ aims to emulate) is only the "top" 100 of the 3300+ companies within the nasdaq index, which is underperforming NDX and you can expect to see a short term shift in value stocks, as well as a commodity industry which has been shit on for years while big-tech has led the race devaluing commodies' true market share.

If June 2021 were every month 2021, this would be the largest run-up in the nasdaq since 1999 which was followied by the dot com crash.

0.062/ the natural logarithm of 2 = 0.683 = 11 months to double. 1999 only had a cagr of 88%

You can talk about statistics all you want, we left the land of statistics and fundamentals a year ago, and if you were banking on that you would have missed the last years worth of gains. This market run up is based solely on the belief that uncle Biden and the fed are all in in making this thing keep going. And it will keep going up until Powell farts out a whisper of easing QE.

[Gustoo]

My totally basic index fund 401k has returned like 16 percent in the last 3 years. This isn't how it is supposed to be.

Diagnosis: fukt

[YendorLootmonkey]

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

This is how vaycaychella differs on allowing the customer to view and operator to detail added services, if I'm not mistaken, yeah?

It's more about connecting investors (individual or institutions) that can help fund development/improvements/purchases of rental properties (AirBNB, VRBO) and then share in the generated revenue.

[Gwaihir]

Fractional ownership of self selected properties yeah?

What I'm saying is, the properties that will be desirable for fractional ownership, if you're smart, will be the ones which the operator has a slew of added services...so that HIS profit motive is derived from added services; not YOUr property.

The business model hinges on finding quality Vacation Rental Operators that aren't relying on your equity investment for their day to day living otherwise his cut comes out of your investment instead of his services.

So, In order for WSGF to attract customers to their market, operator, retail consumer, and investor alike, hinges upon operators offering value added services, otherwise the self owned and operated vacation rental market already addresses a lowest margin option for everyone but the "investor, for the investor, even as a fractional owner of property, assumes all the risk, while the operator is free to find another job if the business fails and real estate equity pulls back.

[Gwaihir]

Also, with fractional ownership of select properties (think self-selected mortgage backed securities) the lienholder is likely Vaycaychella/WSFG themselves; which makes them a real estate investment trust, categorically, which means your equity growth will be hampered by regulation dictating a dividend schedule on profit earned once it makes listing on a major exchange.

[Gwaihir]

Never enter into a business relationship where the counterparty assumes less risk than you do.