Is the stock market going to tank?

**JimmyCarter** · 02-02-2022, 04:39 PM

Originally Posted by 4matic

FB Analyst Ratings

CONSENSUS: Strong Buy
Based on 30 analysts offering recommendations for fb in the last 3 months.

Oof

**4matic** · 02-03-2022, 10:50 AM

Lol at “analysts” double talking bullish FB. AMZN near 52 week low ahead of earnings

**406** · 02-03-2022, 11:03 AM

ha, FB might be buy today? Seems FB just buys any competition, so might bounce back, although I don't understand how they would be impacted by inflation like the headlines claim.

**sirbumpsalot** · 02-03-2022, 11:08 AM

Originally Posted by 406

ha, FB might be buy today? Seems FB just buys any competition, so might bounce back, although I don't understand how they would be impacted by inflation like the headlines claim.

I haven't seen "headlines" claiming its related to inflation. Its about competition. People moving away from FB, Instagram, etc. and into competing products. CFO has said substantial headwinds. Do your own DD however.

**406** · 02-03-2022, 11:14 AM

Perhaps I misread or it was just clickbait...what is the new platform these days? I don't keep up.

**4matic** · 02-03-2022, 11:28 AM

When the government attacked ByteDance it wasn’t about privacy. It’s was money flow for advertising being lost to China.

FB Reels? Please..

FB to 2020 price There has to be a lot of retail overhead now in all these big names getting crushed.

**schuss** · 02-03-2022, 11:44 AM

Originally Posted by Benny Profane

Looks like somebody else is short.

I'll repeat what I've been saying for years now. Where else are you going to put your money?

Oh, wait, yeah, crypto...

Except, whoopsy-doodle, $320M gone but pretty please we'll pay you $10M to give it back. https://techcrunch.com/2022/02/03/bl...crypto-assets/

**4matic** · 02-03-2022, 01:05 PM

Ray Dalio interview on Bloomberg. He said expect 3.5-5% long term return on a well diversified portfolio with lots of volatility risk in between. I’m in line with that. He also talked about knowing and calculating your burn rate on capital.

**sirbumpsalot** · 02-03-2022, 01:10 PM

Originally Posted by 406

Perhaps I misread or it was just clickbait...what is the new platform these days? I don't keep up.

Tik Tok is who they are saying is killing them...I think their answer is "Reels"?

**californiagrown** · 02-03-2022, 01:17 PM

Well this was fun. My BIL who works on Oculus and has the majority of his wealth in FB stock must be absolutely sick today. Bought an overpriced house last year and just started a massive renovation this week.

I got pummeled in my YOLO account, but had no FB in my retirement account and am now loading up in there.

**4matic** · 02-03-2022, 01:25 PM

Originally Posted by californiagrown

had no FB in my retirement account and am now loading up in there.

What does that mean? An oversized position? Where or do you see the return to outsized growth in FB?

**4matic** · 02-03-2022, 01:31 PM

AMZN still looks like $2000 to me. That's not even a 50% correction from its all time high so it wouldn't be that big a deal. AAPL has done that several times along the way.

**skaredshtles** · 02-03-2022, 01:41 PM

Originally Posted by californiagrown

Well this was fun. My BIL who works on Oculus and has the majority of his wealth in FB stock must be absolutely sick today. Bought an overpriced house last year and just started a massive renovation this week.

I got pummeled in my YOLO account, but had no FB in my retirement account and am now loading up in there.

You would think that after Enron and Worldcom people would know better than to keep the majority of their wealth in one place...

**4matic** · 02-03-2022, 01:50 PM

three year high on the german 10y Bund

**californiagrown** · 02-03-2022, 02:03 PM

Originally Posted by 4matic

What does that mean? An oversized position? Where or do you see the return to outsized growth in FB?

Means that in my personally managed retirement account (not my 401k which is my "real" retirement account), I had been sitting on some undeployed cash and threw most of it at FB today. Maybe 5% of that account. The rest is mostly funds with some dividend stocks in there too.

I see tremendous potential in the AR and VR tech and infrastructure they are developing. So, long term good things, and I think a 25% single day correction was faaar too much and it will bounce.

**MTT** · 02-03-2022, 02:10 PM

Originally Posted by californiagrown

Means that in my personally managed retirement account (not my 401k which is my "real" retirement account), I had been sitting on some undeployed cash and threw most of it at FB today. Maybe 5% of that account. The rest is mostly funds with some dividend stocks in there too.

I see tremendous potential in the AR and VR tech and infrastructure they are developing. So, long term good things, and I think a 25% single day correction was faaar too much and it will bounce.

Interesting take on the VR stuff
I saw some grumbling about fb add revenue on a down slide. ?

**californiagrown** · 02-03-2022, 02:17 PM

Originally Posted by MTT

Interesting take on the VR stuff
I saw some grumbling about fb add revenue on a down slide. ?

I'm in the engineering/construction industry and see HUGE applications here. Same with the medical field, child learning, etc. Let alone the social/entertainment applications. That said, it very well could come about too late to pickup the slack from lost advert revenue from it's traditional streams.

Idk. Just a hunch.

**4matic** · 02-03-2022, 03:02 PM

The growth heavyweights are just too over owned. 50 of 52 analysts have buy rating on AMZN.

**stalefish3169** · 02-03-2022, 03:48 PM

Originally Posted by 4matic

AMZN still looks like $2000 to me. That's not even a 50% correction from its all time high so it wouldn't be that big a deal. AAPL has done that several times along the way.

Nailed it.

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**stalefish3169** · 02-03-2022, 03:49 PM

https://twitter.com/NorthmanTrader/s...45879035232257

**MTT** · 02-03-2022, 05:14 PM

Originally Posted by californiagrown

I'm in the engineering/construction industry and see HUGE applications here. Same with the medical field, child learning, etc. Let alone the social/entertainment applications. That said, it very well could come about too late to pickup the slack from lost advert revenue from it's traditional streams.

Idk. Just a hunch.

Who is going to put medical data in FB’s hands?

That makes even less sense than turning it over to AWS

**4matic** · 02-03-2022, 05:28 PM

Originally Posted by stalefish3169

Nailed it.

Revenue down quarter over quarter. A $400b swing in market cap? Sleep well.

**MTT** · 02-03-2022, 06:42 PM

Originally Posted by 4matic

Revenue down quarter over quarter. A $400b swing in market cap? Sleep well.

Did you jump on that today?

Nice.

**stalefish3169** · 02-03-2022, 07:12 PM

Originally Posted by 4matic

Revenue down quarter over quarter. A $400b swing in market cap? Sleep well.

I think Amazon's business practices are sociopathic. No position there.

No shame in a wrong call. The market can stay irrational longer than we can stay solvent, eh? Obviously, seeing FAANG stocks swing 20% daily is a bit disconcerting and irregular behavior.

Sent from my Pixel 6 Pro using Tapatalk

**4matic** · 02-03-2022, 07:52 PM

Originally Posted by stalefish3169

I think Amazon's business practices are sociopathic. No position there.

No shame in a wrong call. The market can stay irrational longer than we can stay solvent, eh? Obviously, seeing FAANG stocks swing 20% daily is a bit disconcerting and irregular behavior.

Sent from my Pixel 6 Pro using Tapatalk

My time frame is not one day. If I had Any kind of short term trade on, which I don’t, would have blown out. I will say if AMZN grinds down tomorrow and closes below $3k I’d be wary. It’s still within a well defined side wise channel.

Edit: I just looked at the chart. $3150 is the bottom of the channel. Barely a recovery after all that.