Gong Show
Well-Known Member
Hang on, tomorrow is a brand new day!
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- Thread starter Rain City
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wildmanyeah
Crew Member
lol I’m up 7% on xsp, tho it was ment as a long term b
Hold
Hold
ryanonthevedder
Active Member
I'm bullish on Helium in Saskatchewan. The company I settled on is Helium Evolution; they just did a big private placement bought by Japan's largest o&g company and they should start generating revenue this year. There's a shocking amount of $$ in helium when they find it.
MRWood
Well-Known Member
You’re making moneyAll of a sudden I'm a genius for pulling 50k out to buy a boat last year
Max123
Well-Known Member
Dead cat bounce - Wikipedia
The market will bottom out when there is some certainty on what happens next. I don't think anyone would call what happened yesterday 'certainty'.
Alex_c
Well-Known Member
Looks like markets are back down. IMO the only “safe” way to make money in this market are option strategies that are long volatility. Everything else is at the mercy of a tweet.Dead cat bounce - Wikipedia
en.wikipedia.org
The market will bottom out when there is some certainty on what happens next. I don't think anyone would call what happened yesterday 'certainty'.
Max123
Well-Known Member
Everyone woke up this morning, gave their heads a shake and realized we are no closer to certainty/normalization, which is now being priced into the bond market as a long term condition. The market is demanding to know what 'the plan' is, and in the absence of that, has to start pricing in the full discount of 3.75 years of uncertainty.
kaelc
Crew Member
Uncertainty is a generous word
Max123
Well-Known Member
I haven't pulled any money out. I don't believe in 'timing the market' - but I've held off on buying for now. No need to throw cash into a dumpster fire. It will be hard to time bottom, but I don't see how today could possibly be that.
At this point most of the bad news has been coming from the White House and hasn't actually materialized in the real economy - all of the economic indicators on inflation/employment are lagging. Once we start to see real world impacts of the tariff battle such as: corporate bankruptcies, mortgage defaults, significant layoffs, real world inflation ($3000 iphone) - then I suspect we'll see the stock market contract a 2nd time.
Right now, the 'hope' is that the tariffs are just dropped and everything returns to normal like waking up from a bad dream - I don't see that happening.
At this point most of the bad news has been coming from the White House and hasn't actually materialized in the real economy - all of the economic indicators on inflation/employment are lagging. Once we start to see real world impacts of the tariff battle such as: corporate bankruptcies, mortgage defaults, significant layoffs, real world inflation ($3000 iphone) - then I suspect we'll see the stock market contract a 2nd time.
Right now, the 'hope' is that the tariffs are just dropped and everything returns to normal like waking up from a bad dream - I don't see that happening.
kaelc
Crew Member
Buy the boat. All the advice you will ever need. Makes the fighting over the will that much less painful.
MRWood
Well-Known Member
Just tell them it’s a SKI boat.
SKI = spending kids inheritance
Max123
Well-Known Member
Ha - SportFishingBC Brokerages LLC.
Alternatively, maybe a SportFishingBC meme coin. Rug-pull has been move of the day lately.
Aces
Well-Known Member
Good one Mike
wildmanyeah
Crew Member
Im still up 3% in XSP and i bought for long term, If you have a long out look buying the dip works, im mean otherwise your buying the peak right?
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