Stock market is freaking out - something is going on | Page 14

Discussion in 'The War Room' started by dragonsfly, Feb 5, 2018.

  1. VivaRevolution Yellow Card

    VivaRevolution
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    I was hoping for a constant slow decline, for the correction, but I don't think that is possible. I really don't want to be right about our economy.

    This volatility is worrying.
     
    #261
  2. mr.bigglesworth Red Belt

    mr.bigglesworth
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    our stock exchanges tend to move slowly. We had 10-20% dips in 2015 and it rebounded fine over the past couple years. Kinda have to wait and see over the course of this year and next but I'd be surprised if we see blood in the streets.

    Real estate, on the other hand, has me very concerned. Either we'll see a building boom to match demand and possibly stabilize or lower housing costs, or we'll all paying rent to Chinese landlords within a few years.
     
    #262
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  3. KILL KILL Gold Belt

    KILL KILL
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    What's going on with the housing market?

    The area I live is booming, so property costs have been skyrocketing.
     
    #263
  4. ndwolfwood Rue and Lament It

    ndwolfwood
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    Classic r selected defense mechanism
     
    #264
  5. mr.bigglesworth Red Belt

    mr.bigglesworth
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    Prices have skyrocketed everywhere, even in markets where it makes little sense like my Stockton example. I think what we're seeing is a lot(like $1 trillion+) of foreign investment in US real estate. Here in california the chinese have been ruthlessly buying properties ABOVE asking prices in CASH, from LA to the Bay Area to Sacramento.
     
    #265
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  6. Orgasmo Red Belt

    Orgasmo
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    Same in Canada

    Vancouver and Toronto are basically off the options table to locals at this point, pushing close to million for condos and $2 million for detached homes. You can't avoid rocketing prices even if you live in nearby towns, since those displaced by the prices also drive them up elsewhere.
     
    #266
  7. KILL KILL Gold Belt

    KILL KILL
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    Well damn. That's no good.
     
    #267
  8. sub_thug Red Belt

    sub_thug
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    This is all ridiculous pseudo-anarchist conspiracy theories
     
    #268
  9. sub_thug Red Belt

    sub_thug
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    The difference is that Tesla is the sole-source provider of that futuristic tech. Musk is protected by patents, R&D costs for competitors, and inspires shareholders through a superior vision. Amazon, on the other hand, is about eliminating all waste from their distribution process. Eventually, Amazon will have to expand its market because there won’t be any more waste to cut. If not for AWS, they won’t even be profitable.
     
    #269
  10. HatchetHarry Blue Belt

    HatchetHarry
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    Made money on ViX this week.


    Ballin
     
    #270
  11. AznTrojan Silver Belt

    AznTrojan
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    sheeit.. i bought tsla when it was near 360.. lost a little bit of dough but i sold it all and bought NVDA and made it back really quickly
     
    #271
    Last edited: Feb 9, 2018
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  12. Pseudo Sane Brown Belt

    Pseudo Sane
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    I wish I could find a house in my area for 300k.

    The average is more like 700k now.
     
    #272
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  13. jeffk Brown Belt

    jeffk
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    I went about 75% cash when the S&P went above 2800. The question now is where to re-enter the market.

    I missed out and didn't invest new money last year because I waited for weakness.

    To time the market you have to be right twice. It isn't easy to do.
     
    #273
  14. jeffk Brown Belt

    jeffk
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    What I don't get is how a stock like Netflix is trading where it is at. Even with the slight decline now it is trading something like at a multiple of 190 PE multiple and has a lot of debt. I have a co-worker who has made a ton off netflix and she doesn't know anything about investing. So I am bitter.

    With Amazon Prime, HBO streaming, and Disney getting Fox content along with ESPN content and they plan to have their own streaming service, I see a lot of competition for streaming content and don't see people willing to pay for a lot of streaming services.

    If I had any balls, I would short Netflix.
     
    #274
  15. VivaRevolution Yellow Card

    VivaRevolution
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    Not me. Content for dollar, I'll still take netflix over anything else. As long as that is true, they will be fine.
     
    #275
  16. luckyshot VP of the War Room/ Soy Boi Belt

    luckyshot
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    #276
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  17. Cubo de Sangre Steel Belt

    Cubo de Sangre
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    Anybody else like utilities as a basic long-term play?
     
    #277
  18. ElKarlo Gold Belt

    ElKarlo
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    I don't know. With wind and solar there may be some serious disruption coming. if yoy want safety go consumer staples.
     
    #278
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  19. Cubo de Sangre Steel Belt

    Cubo de Sangre
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    Any disruption is decades away. Private utilities invest infrastructure and return a set rate on that, cost of delivery, and operating expenses. It's statutory. Think 8-10%. Provided the utilities maintain their return with timely rate-case filings, it's a guaranteed profit. Even if people use less of it, the standby-charges will adjust to maintain that rate of return.

    tl;dr: Regulated monopoly.
     
    #279
  20. VivaRevolution Yellow Card

    VivaRevolution
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    Yeah, it is a good safe play.
     
    #280
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