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8/25 Thread (General):
Any wayfair plays? It’s back up to the $190 mark
Any thoughts on Iron Condors on DOCU?
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I’ve made the decision to keep riding until when/if the next big dip comes and hope to be ahead of if I did nothing.
Next weeks big banks earnings could be scary (loan issues vs fees increase) combined with the election getting close to 100 days out, we could see an interesting few weeks ahead.
I’m of the belief a lot of negative news has been priced in, hence why we don’t see big drops with the huge COVID spike increases. Any stimulus or vaccine related news is bonus. IMO the growth is coming from the change in landscape (big growth for some companies) and big corporates taking market share from small/mid sized businesses.
Enthusiast
These were my thoughts I had expressed a few weeks back. If minimal/no improvement has been seen by Q3, then it will look bad and we will see red days.
Good luck keeping an eye out!!!
When in doubt. Don’t time the market. Hold though, especially if you don’t need the money immediately.
Amazon and Tesla are likely to see less collapse as the macro market trends down
- Amazon is just in growth beast mode atm
- Tesla I think has so many big announcements coming up, the only dip I can think of is if S&P500 inclusion, then institutions who have bought in today sell out after ETFs buy in. But the retail investors are so bullish on it, it may or may not go down heavily (look at yesterday’s big dip down and hard rebound). Soo many people have buy orders at 5% dips
Enthusiast
What do you think should be the timing around selling some of these already inflated stocks like amazon, Tesla etc?