(03-05-2021, 12:32 PM)divmenow Wrote:Yup, hasn't really passed a damn thing financial through Congress yet but it's coming eventually. Executive orders to date have zero bearing on near-term oil/gasoline prices but they run higher anyway as pandemic slowly becomes less of a threat. In the meantime fools will take their 401K to cash after they lose some money, because some clueless idiot on their Facebook page convinces them. It's hard to watch watch some of my friends and relatives do it because they are all invested in political Kool-Aid. You have to be smart enough as an investor to play the cards you believe will be dealt soon.(03-05-2021, 11:44 AM)vbin Wrote: Disclaimer: I am not political.Agreed. I'm not political either but we cant blame Biden. I mean he has only been in office for less then a month. Not even enough time to get his closets in order lol
Nothing to do with Biden. I would actually not like if a president was pushing unnecessary pressure on FEDs or Treauries to his short term gains.
Those youtubers calling Nio to 300, tesla to 2000, this spac and then those who bought in are the ones.
Grantham was so right and on the spot.
UTEs running up, I am not done yet building the position I want
Added a little NEE.
This is all about those people that bid up companies to sky rocket levels that has no business being up there. Once you get in nosebleed territory its a long way down
I know tech will come back. In fact I have been buying a few shares of the ones I see as market leaders and will be a around for a long time. I'm talking about the AAPL, CRM, PYPL, ETSY, MSFT, AVGO, TXN, TDOC ect. I bought them all today lol. 2-5 shares each.
But the ones reddit and all these other bonehead sites bid up and then got margin calls and had to sell there winners to cover those losses are what's driving down the markets. Not to mention all those young kinds bought and now lost there lunch money lol
Just sit still and look away for a few weeks lol
I too added to NEE as well as JNJ and XEL
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