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Anything related to investing, including crypto

MishuAman

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Dec 15, 2021
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For the first time since its listing, the stock’s price has rolled below Rs 100/share.
At Rs 92.75 apiece, the food delivery Stock News has plummeted 45% from its 52-week high of Rs 169.1 in Nov 2021.
Zomato Tanks Over 18%, Shares Fall Under Rs 100 on Monday; Records All-Time Low
should we buy
 
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MJ DeMarco

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Here ya go @Kak, I know you're a big fan of Kathie Wood...

Coming into Monday trading, the ARK Innovation (ticker: ARKK) ETF was down almost 55% from its 52-week high and down 22% year to date. That compares to the Nasdaq Composite, which is down 14% from its 52-week high and 11% in 2021.
 

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"Thought it would be cool to have a separate stock market discussion thread, like the "Random Thoughts/Chat" thread -- this is the thread to post in if you want to discuss any stock market trading day, including any insights or forecasts you might have. Or, this is the place to post random economic activity information, posts, tweets, etc."

I bought a few more shares yesterday. They were cheap. It's one where I'm going to either lose the whole nut or make big time on it. Either they will build the project or it will get shot down. It's a long shot investment.
 

Kak

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Here ya go @Kak, I know you're a big fan of Kathie Wood...
I have always wished I could start an etf and get paid what she does by picking the most popular stocks that everyone already knows about. What a total airhead.

I have made money buying puts on ARKK though.

View: https://twitter.com/QTRResearch/status/1485029127895793668?s=20
 
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thechosen1

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I have always wished I could start an etf and get paid what she does by picking the most popular stocks that everyone already knows about.
This is a really solid point. It's kind of funny how simple that is.
 

ZF Lee

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Somehow I missed this entire thread...gotta catch up.

I have always wished I could start an etf and get paid what she does by picking the most popular stocks that everyone already knows about. What a total airhead.

I have made money buying puts on ARKK though.

View: https://twitter.com/QTRResearch/status/1485029127895793668?s=20
If you like day trading, someone on r/WSB analysed Jim Cramer's recommendations:

https://www.reddit.com/r/wallstreetbets/comments/mtehdq View: https://www.reddit.com/r/wallstreetbets/comments/mtehdq/i_analyzed_all_700_buy_and_sell_recommendations/


Turns out that his picks performed generally well on a one-day timeframe...but sank badly for long-term trades.

So you can just buy his picks quickly and sell them tomorrow...so he's a pump and dump shill. :happy:

Which reminds me of my Malaysian stock market.
I kept in touch with a veteran trader who's 20 years in the markets...and he told me simply that this market was only good for FIFO and moderate term trades (six months holding period max).

"I've written for the Malaysian financial newspapers...and they just write news to paint trick stories to trick investors with fables." he said. "Long term investing? Not in Malaysia. Do it for the US markets."

This got me thinking...then what was the point of putting a single cent in my local Malaysian markets then? Even for trading?

Even technical analysis traders rely on FA for some strength in the indicators...otherwise rallies won't last. And some believe you can predict incoming FA events by looking at charts performance-- which is sometimes hit or miss I'd admit.

That being said...a few tin and silicon (mining) companies in local have been moving upwards against the red. I was surprised to see tin prices flying up...apparently it is a very underrated metal for soldering in electronics and EV battery parts. We also do not have many listed players locally for the duo...so I guess the institutional funding gets all concentrated.

I'm thinking to start buying them while the other semiconductor stocks are still in red or begging for a re-accumulation phase on the price chart. And could be a good proxy for tech themes (while the real tech stocks are still correcting).

Also, the oil and commodities prices have been ripping up these days-- even though US or China offloads surplus to force them down in the short term. Malaysia used to be the world's biggest tin producer until other countries fought their way in and we moved on to other industries post- British...it would be interesting to see its tin industry make a comeback.
 
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socaldude

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This is why investors pay attention to credit and interest rates. Funny how valuations now do matter. Equity is difficult to value, especially when you have artificially low rates. And when there is a disturbance in the force it makes it way to valuations and equities.
 
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thechosen1

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Somehow I missed this entire thread...gotta catch up.


If you like day trading, someone on r/WSB analysed Jim Cramer's recommendations:

https://www.reddit.com/r/wallstreetbets/comments/mtehdq View: https://www.reddit.com/r/wallstreetbets/comments/mtehdq/i_analyzed_all_700_buy_and_sell_recommendations/


Turns out that his picks performed generally well on a one-day timeframe...but sank badly for long-term trades.

So you can just buy his picks quickly and sell them tomorrow...so he's a pump and dump shill. :happy:

Which reminds me of my Malaysian stock market.
I kept in touch with a veteran trader who's 20 years in the markets...and he told me simply that this market was only good for FIFO and moderate term trades (six months holding period max).

"I've written for the Malaysian financial newspapers...and they just write news to paint trick stories to trick investors with fables." he said. "Long term investing? Not in Malaysia. Do it for the US markets."

This got me thinking...then what was the point of putting a single cent in my local Malaysian markets then? Even for trading?

Even technical analysis traders rely on FA for some strength in the indicators...otherwise rallies won't last. And some believe you can predict incoming FA events by looking at charts performance-- which is sometimes hit or miss I'd admit.

That being said...a few tin and silicon (mining) companies in local have been moving upwards against the red. I was surprised to see tin prices flying up...apparently it is a very underrated metal for soldering in electronics and EV battery parts. We also do not have many listed players locally for the duo...so I guess the institutional funding gets all concentrated.

I'm thinking to start buying them while the other semiconductor stocks are still in red or begging for a re-accumulation phase on the price chart. And could be a good proxy for tech themes (while the real tech stocks are still correcting).

Also, the oil and commodities prices have been ripping up these days-- even though US or China offloads surplus to force them down in the short term. Malaysia used to be the world's biggest tin producer until other countries fought their way in and we moved on to other industries post- British...it would be interesting to see its tin industry make a comeback.
What this should prove is common sense:

Hyping a stock to an audience of millions of people pumps the stock price.

What this shows is basic stock market manipulation. Thanks Jim Cramer :)
 

Riyajain2

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Jan 20, 2022
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Indian shares were set for the sixth session in red on Tuesday amid interest rate worries and geopolitical tensions. However, after the gap-down start, the indices staged a smart rebound to recover most losses amid low-level buying in stocks.
 
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MJ DeMarco

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Indian shares were set for the sixth session in red on Tuesday amid interest rate worries and geopolitical tensions. However, after the gap-down start, the indices staged a smart rebound to recover most losses amid low-level buying in stocks.

Zomato had bought around 9 per cent stake in Grofers (now Blinkit). Kotak says, “Zomato had $1.9 billion in cash as of September 2021. Zomato is in a better position to fund its losses and make fresh investments in Grofers.

You need to stop creating new threads with stock market nuances. There is a daily thread where you can post about market action, both in the US, and in your country. If you continue to create new threads about daily market action, you will be removed from the forum. This is the last time I'll move your post to the daily chat thread. And this is your last warning.
 

Kingsman

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Jan 8, 2022
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3
Exactly anyone influential person can just come up and recommend a stock and get hundreds of money thirsty individuals who will buy that stock,hell,Kim even did it
What this should prove is common sense:

Hyping a stock to an audience of millions of people pumps the stock price.

What this shows is basic stock market manipulation. Thanks Jim Cramer :)
 

AceVentures

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Weapons manufacturer's stocks up - the internet machine spun up war fears with Russia and billions of dollars exchanged hands within a couple of months. This is almost too easy - our consumption of "information" across the web is seriously flawed.
 
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MJ DeMarco

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The beginning of the end for Facebook? Down 25% on terrible earnings. Perhaps people are waking up that FB is not a net positive for humanity. Would love nothing more than for the platform to disappear and the stock go to zero. I can also dream about rainbows and unicorns.
 

p0stscript

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The beginning of the end for Facebook? Down 25% on terrible earnings. Perhaps people are waking up that FB is not a net positive for humanity. Would love nothing more than for the platform to disappear and the stock go to zero. I can also dream about rainbows and unicorns.
I agree, people are waking up, user demographics changing (no longer young hip but now old moaners, my age group basically) advertising hit.. etc. etc....Will not miss it.
 

thechosen1

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Definitely some sort of play to be made on $FB.

Am I loading up on calls? No. I did buy some shares, though. Do I love the company? Not really, but I'm not betting on a rebound out of love. It's about $$.
 
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socaldude

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Nonfarm payroll and unemployment rate tomorrow. The Fed technically could change its course based on how these reports play out these several months.

The key will be how much and how fast the rate hikes will be. They can use the poor jobs numbers as an excuse to keep rates semi-low.
 

MJ DeMarco

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MoneyDoc

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Nonfarm payroll and unemployment rate tomorrow. The Fed technically could change its course based on how these reports play out these several months.

The key will be how much and how fast the rate hikes will be. They can use the poor jobs numbers as an excuse to keep rates semi-low.
ADP was -300k or something... numbers for tomorrow will be very poor. They've already signalled to that. But you're right, not data that Powell can ignore UNLESS it's not that "bad". But from looking at ADP, tomorrow unemployment should be higher than 4.1 - 4.2%. Under 4% is maximum employment according to the Fed I think. Will definitely be interesting.
 

socaldude

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Will definitely be interesting.

My intuition tells me that the postive correlation(VIX up stocks up) on Wednesday is a warning for Friday. Traders noticed and took note for sure. But, as we have seen with this market bad news is sometimes good news. :p
 
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Kak

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The beginning of the end for Facebook? Down 25% on terrible earnings. Perhaps people are waking up that FB is not a net positive for humanity. Would love nothing more than for the platform to disappear and the stock go to zero. I can also dream about rainbows and unicorns.
It can go to zero in a week or two after I exit my new position. :rofl:
 
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socaldude

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It can go to zero in a week or two after I exit my new position.

Imagine FB becomes a penny stock and they have to keep doing reverse stock splits. You can't draw a smiley face on that giant pile of manure. :rofl:
 

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Over here, over there.
European Banks are reaching unusual highs (and recent history maximums) at the moment. Any thoughts on that?

I don't see why anyone would invest in banks with all the inflation running amok, and the Russian tension kneecapped them a bit, but now they bounced back even harder.
 

socaldude

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I don't see why anyone would invest in banks with all the inflation running amok

Banks do well when rates are high. So my guess is European banks expect rate increases by ECB. Which looks like is the case.
 
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MoneyDoc

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Big day tomorrow! Let's get some predictions in here!

For me, it's a really hard one to predict as a higher than expected CPI reading, an expected reading, or a lower than expected reading can all dip the market. Really depends on bonds which is something we should keep an eye on as soon as print is released.

Some interesting observations for me near end of day:

1) S&P gap filled for Facebook and got stuck there.

2) 5 Year TIPS surged end of day while being down all morning (hinting at a red hot CPI print).

3) S&P calls were sold, puts were bought near end of day.
 

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7.5% using the new calculation. I wonder how high it really is :rofl:
even that is the highest it's been in 40 years!
But I agree, it's probably much higher since they are calculating it with a newer, heavily doctored formula.

all I know is my oil MLPs, or PTPs, keep climbing higher through all of this.
 
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socaldude

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St. Louis Fed James Bullard said "I'd like to see 100 basis points in the bag by July 1." Nothing about the balance sheet.

Interestingly the 2-10 yield spread flattened. Meaning investors are pessimistic about economic growth.
 

socaldude

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Lost a big chunk of change today. Bear markets are a true test of your skills. I already have PTSD from trading so this really didn’t bother me LOL.
 

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