Since I’m not the one having a meltdown over incomprehensible stock market Voodoo how about no. We need at least one voice of reason around here when it comes to investing.
When you find one, send them a link.
Now fuck off. Imbecile.
See, if you understood the stock market this thread wouldn’t exist. Secondly, the only people who should worry about the day to day speculative trades and movements of the stock market are those who have enough resources to not need to worry about the volatility.
Sorry that you’re broke as well as retarded. 
I’m virtually clueless on the subject, despite having played the markets a bit for fun when I was much younger, and even made some money at it. As for who is responsible for the shit-show, I think part of the answer is automated computer trading, which I presume is based mostly on technical analysis. The other part is investors who tend to overreact based on expectations of what others will do. Market overreactions either up or down which are then followed by corrections are extremely common. There is also the concept of floor and ceiling prices, one of the basic tenets of technical analysis. It means that, at least in the short term, a stock tends to bounce back from a certain minimum price, or bounce down from a certain maximum, so a lot of trading goes on at those levels even though nothing exciting is happening with the company. There is also the concept of discounted information making stock behavior seem irrational – for example, a company announces record-high earnings and its stock drops precipitously. That’s because most savvy investors were well aware of the news long before the announcement, and a lot of them are flooding the market with attempts at profit-taking.
My view is that day trading is, at best, a risky venture for those with specialized inside knowledge and a fool’s game for everybody else. The average person invested in the stock market should be in it for the long haul, and should be well diversified. Even so, there’s a good chance that the market is overpriced right now if you’re only looking a few years down the road. Trump having apparently been born with a golden horseshoe up his ass, the recession will probably start just around the time he leaves office, allowing him to blame the recession and stock market collapse on the Democratic president-elect – if a Democrat is indeed elected – before he’s even sworn in.
Unfortunately, too many of those who don’t have enough resources do worry about the SM’s vicissitudes, and - more distressingly so - hoot n’holler when it goes up, which only feeds into their toxic delusion that the economy’s all rosy (and stupidly influencing ther voting decisions) so, as per the OP title, maybe they should take the SM just a little less seriously.
And you can. You can, of course, short the market or invest in a contrarian/inverse ETF (leveraged, even, if you’re so sure about a continued downward trajectory.) There is a shit-ton of money to be made on the market going down if you want it. And you also have put options and stuff like that, but I personally don’t invest in shorts or contrarian ETFs or do any option trading.
Your sum total of advice about the stock market in this thread has been (in order):
- octopus is a insult-spewing piece of shit who irrationally thinks ignorance is aligned by political party and that liberals are bees.
- The stock market is unknowable and nonlinear so don’t even bother. Also octopus slings insults unprovoked like a man compensating for something.
- octopus is currently having a meltdown over his own inability to be a voice of reason around here when it comes to investing.
- Don’t play the stock market, and also octopus continues to fuck around with insults and confused assertions about others that derive only from his own rage-filled delusion.
That covers the sum total of content of your posts to this thread. I’m pretty sure I have rolls of toilet paper that would be a better source of stock market advice than you.
Uhm, no.
You clearly don’t understand how markets work.
When you go to the farmers market to buy tomatoes the people buying and selling the tomatoes are not the same people.
I’m pretty sure your toilet paper roll doesn’t have better advice. Maybe your bag of fortune cookies might.
I doubt you’ve read either. On the off chance you did where is your stock market wisdom?
Huh? Tomatoes are bought to be consumed. That’s their purpose.
But stocks are typically bought as an investment. Many people will hold the stock for some time, sure – but they eventually expect to sell it.
And some people are day traders and the like – they’ll buy the shares and often sell them within a few hours, or even a few minutes. So indeed they are the same people.
Pretty much. Or Depeche Mode’s statement that “people are people” works as well.
It’s been hilarious on the finance forums. I’ve seen people tearing their hair out that TSLA was down to $680 last week - which is still more than double what it was a month ago, I think.
The bounce today was likely people like me buying more shares of our favorites while prices are low, though I think there are a couple more dips coming. Nothing like the deals I’ll find when Bernie gets elected, but still…
It won’t look like a bargain when the comrades take 90% of your portfolio to give to other comrades.
Between around 1940 and the mid-60s, the top marginal tax rate was near or even above 90%. Comrade giving to comrade, I presume. Many of these were the Eisenhower years, including the economic prosperity and seemingly boundless growth of the 1950s that conservatives are always pining for, during which time the top 1% paid higher taxes on average than they do today. Cite.
So if you’re suggesting that Bernie is going to return us to the optimism and prosperity of the 1950s, maybe you should get a snappy slogan made up and pass around hats and t-shirts emblazoned with it, as every dedicated Bernie Bro should be doing.
Do tell us all the story again about how you made your millions in war bonds, Daddy Warbucks!
Christ. What a pathetic fucking loser you are. I didn’t ask for your advice. I didn’t say anything about losing money in the stock market or not being able to afford to lose money. Or being panicked in any way. You have no fucking clue about what my investment strategy is or how I manage my money. All you “know” is that I ranted about the often perversely irrational actions and reactions of a volatile stock market.
But do go on. Continue to try to impress a complete strangers on the internet who already has rock bottom opinion of your mental composition about how clever you are because you once bought 10 shares of Apple on eTrade.
Insecure little worm.
Uhm, no.
You clearly don’t understand when a hyperbolic rant is just a hyperbolic rant.
Not to worry. I’ll make sure it comes with a warning label next time.
Rest of the world was recovering from WWII or hadn’t even industrialized yet. Of course inefficient domestic policy wouldn’t be evident in an environment like that.
I’m not the one crying. From what I can gather from how you post I doubt you actually have anything to invest much less a coherent strategy.
When you get an actual understanding of short term volatility and why it’s not even comment worthy much less pit worthy hopefully you’ll feel bad for your insane rants.*
*If you have posted you are legitimately insane elsewhere on this forum, some random blog on the internet, or in your diary then strike out the word insane.
The worst thing about the stock market is that rich people have convinced the rest of the population that the stock market and the economy are the same thing. That if the stock market is doing well, then the economy is doing well.
We have the vast majority of Americans living paycheck to paycheck, more than half of them couldn’t come up with $400 for an emergency without a loan, and the ability to get an education, home, or medical care is more out of reach than it’s been in almost a century, and yet we’re told we’re living in “the greatest economy ever”
If the greatest economy ever is a decades-long low point for the average person, you have some insane, distorted view of what a good economy is.
But because the rich, through the 6 media companies that own like 90%+ of what we see and read, have trained us for decades now that the stock market is the economy, everyone is celebrating the rich getting really absurdly rich while their own life stagnates or worse.
If it wasn’t the Corona Virus it would have been something else. By the numbers stocks and the economy can look good but everyone can really be living a lie so to speak. I don’t know that much about the stock market myself.
My Dad used to be a stock broker according to him if the rates were as they should be the economy would tank and take a 50% hit. He was telling me how 40% of all companies have no net worth. But he’s in the same boat as everyone else, he lost thousands, bought some Apple stock since it went down so much.
If worthless opinion shares were being traded on the stock market, your daily volume would be record-breaking.
Exactly. For everyone except those selling down their shares to live on, it doesn’t matter what the share value is (with the usual limitations etc.) it just matters how many more you can buy, and right now the buying is good.