Is the stock market going to tank?

**whitekingsalmon** · 10-22-2018, 11:13 AM

Bought last week.... do your own dd

**whitekingsalmon** · 10-22-2018, 11:14 AM

Like I said I follow a few people on stock twits..... lucked n ultra calls

**4matic** · 10-22-2018, 11:15 AM

Originally Posted by whitekingsalmon

Bought last week.... do your own dd

Horse shit. Why didn't you name names? Show your P&L to prove it.

**4matic** · 10-22-2018, 11:17 AM

Robin Hood is fine for small buy and hold investors. Day traders not so much.

**digitaldeath** · 10-22-2018, 11:18 AM

i hold until im king

**whitekingsalmon** · 10-22-2018, 11:27 AM

Robin hood sucks

**JimmyCarter** · 10-22-2018, 11:27 AM

Originally Posted by whitekingsalmon

Bought last week.... do your own dd

Sure, you can go on reddit and read "DD" that is fucking garbage. A bunch of idiots who don't know what a stock split is and assume that company CEOs all actively trade on inside information two weeks before a big announcement.

https://www.reddit.com/r/RobinHoodPe...ng_stocks_now/

**whitekingsalmon** · 10-22-2018, 11:28 AM

Hey 4matic.... I'm not here to be your broker n hold your hand......

**whitekingsalmon** · 10-22-2018, 11:34 AM

Hey 4 Matin should I have said shippers with low floats jajajaja? Do your own dd... no time for poodles I'm trading.

**4matic** · 10-22-2018, 11:37 AM

Originally Posted by whitekingsalmon

Hey 4matic.... I'm not here to be your broker n hold your hand......

You're here to call your winners and pan you're losers unless you've never lost trading penny stocks. Here's how it works:

Long XYZ on date sold XYZ at date.

What you are doing is common behavior.

**4matic** · 10-22-2018, 11:40 AM

Originally Posted by whitekingsalmon

Hey 4 Matin should I have said shippers with low floats jajajaja? Do your own dd... no time for poodles I'm trading.

Total crap. You give opaque recommendation and then claim victory in hindsite. You were doing the due diligence and by sharing the recomendation you own it. But, since you didn't name names you can't claim a victory. Like I said. Post P&L since you've been following the guru's

**splittin** · 10-22-2018, 11:59 AM

I hope nobody bought TLRY long term.

**pepperdawg** · 10-22-2018, 12:39 PM

CPST long

**splittin** · 10-22-2018, 01:59 PM

Originally Posted by pepperdawg

CPST long

Are you long at >$1,000 in the early 2000's? Whoever owned back then, jeezzzzzzzzzzzzzz. They are polishing boots in vegas now.

**4matic** · 10-22-2018, 07:23 PM

XLF near a 52 week low. In 2007 XLF lagged and underperformed for about a year prior to the crash.

**Brock Landers** · 10-22-2018, 07:51 PM

Well financials basically caused the crash. I don’t see financials being the reason for a crash this time. I do see a flat yield curve hurting earnings for banks, relative to where they could be. Add in a lack of growth in the largest banks which make up xlf, there you go. There are many growing banks but typically mid and small caps not burdened by reg, lack of trading profit, size, and sifi.

**4matic** · 10-22-2018, 08:05 PM

KRE (regional banks) down 22% from its 52 week high.

**Brock Landers** · 10-22-2018, 08:17 PM

Yeah. Yield curve flat. They’re still growing just not making the cash. Much of that drop is after the fed bumped short rates again in sept. Before that they were largely trading in a range as the rate hike was somewhat expected.

**Stu Gotz** · 10-23-2018, 08:29 AM

Originally Posted by Brock Landers

Yeah. Yield curve flat. They’re still growing just not making the cash. Much of that drop is after the fed bumped short rates again in sept. Before that they were largely trading in a range as the rate hike was somewhat expected.

I think the economy just done run out of gas.

**4matic** · 10-23-2018, 08:41 AM

There is support around 2700 on the daily chart where the breakout was in January but gap down to that support is powerful and it better hold.

**Brock Landers** · 10-23-2018, 09:04 AM

Originally Posted by Stu Gotz

I think the economy just done run out of gas.

Well find out over the next couple weeks, margins and growth top of mind. Margins don’t scare me (inflation and rates still low) but changes to growth- tariff driven or whatever- will be important. These big US multinationals and exporters not off to a great start!

**4matic** · 10-23-2018, 09:08 AM

Short rates not reacting much to the stock decline. Stiff competition for stocks.

**4matic** · 10-23-2018, 09:59 AM

The wealth affect from stocks in USA is magnitudes larger than China. Chinese I know have most of their wealth in Real Estate. GF family is middle class and they have like 12 properties.

**406** · 10-23-2018, 10:05 AM

Originally Posted by 4matic

Chinese I know have most of their wealth in Real Estate. GF family is middle class and they have like 12 properties.

Are they all in China and setting empty? How do they get around laws that don't allow investing out of country?

**4matic** · 10-23-2018, 10:34 AM

Some sit empty for sure. GF has one she’s never seen. And declining RE will conversely have a higher impact there.

Rents in most of China are nothing. You can make a lot more in 5% cd’s than rent return.