Tesla & Apple?

This topic was created in the Politics forum by 777 on Tuesday, September 1, 2020 and has 24 replies.
Opinion on why the stock was going ham throughout the pandemic? What the future holds for each?
*is going ham
The 1% owns 50% of the stock market.

The richest 10% owns 92% of the stock market.

In case you didn’t notice, the wealthy aren’t impacted by this pandemic. They are throwing parties in their hamptons mansions (or equivalent) with on call doctors giving Covid tests and 30min results. They have nannies and in house tutors for their children.

Depends on what stocks you are referring to.

I was keeping an eye on the REITs. As soon as ppl were dumping their stocks out of fear I went all in. Easiest 10 grand I made.

EDIT: ah never mind I dont mess with trend stocks that's for day traders.
Posted by Ramin

Tech was lifted during because of its need in pandemic. Techs continued rise is due to greedy speculators. TSLA mainly by greed cultists.

If economy continues to grow, then their prices may be supported. If there is a change in the wind, people may rush out trampling each other like in a theater on fire.
So thats what everyone was doing during this pandemic? buying iPhone an& te cars
Did anyone else see Tesla stocks at $ 2k this summer? My boo thang was having sellers remorse because he sold his at $ 700 allegedly and a couple months later saw them spike to $ 2k, but today when he was looking at his trading app he saw they’re down to $ 400 and when he looked at the graph of how the stock has been behaving this year he didn’t see the $ 2k spike he always told me about this past summer.
I am waiting to put thousands in mutual funds just as the entire market tanks like it did back in March ._. Too time consuming to get into day trading.
@IAteMyGrandmaInMonkeyTown

What are your thoughts on investing in cryptocurrency (not Bitcoin) at the moment?

Posted by Bklatt
Posted by 777
Posted by Ramin

Tech was lifted during because of its need in pandemic. Techs continued rise is due to greedy speculators. TSLA mainly by greed cultists.

If economy continues to grow, then their prices may be supported. If there is a change in the wind, people may rush out trampling each other like in a theater on fire.


So thats what everyone was doing during this pandemic? buying iPhone an& te cars


I thought it was the opposite. No work=No need for cars. limited income= no money for expensive phones
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exactly
Posted by IAteMyGrandmaInMonkeyTown
Posted by Whorpio

Did anyone else see Tesla stocks at $ 2k this summer? My boo thang was having sellers remorse because he sold his at $ 700 allegedly and a couple months later saw them spike to $ 2k, but today when he was looking at his trading app he saw they’re down to $ 400 and when he looked at the graph of how the stock has been behaving this year he didn’t see the $ 2k spike he always told me about this past summer.


It's called stock split (4 to 1). Your boo will eventually lose all his money.

Advise to all of you buying stocks since about 4/14/2020. You will lose your money.

The number one signal for financial bubble is when people talk about buying stocks on a Zodiac forum.

You Millennials grew up in the era of the printer. 50% of market/world behavior was never experienced by you, you have no chance with your money. No chance.
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its actually not that bad for day to day trading. You can actually make ok money.. I think most long term holding right now is potential suicide

Every scenario is different. Someone will benefit from ur blindspots
Posted by poeticseraphim

They are splitting stock ....that means they are devaluing their stock. Its an insentive to get people to buy stock

It means that tesla and apple think that people have no money and are also struggling to sell stock or think they will...so they split up stock ..the total value doesn't change they just end up with more stocks each at a cheaper price.

They are looking for cheaper poorer customers ...the rich have left the building. They have sold their stock recently ...which is not a good sign ....as they have the good good on advice.

Its like i have a pizza .....i slice it in four ...and sell it at 2 dollars .a slice .....then its not selling ...but i don't want to mark it down ...so i slice each slice in two and i have 8 slices ..and i sell it at 1 dollar. If i can sell it ..i make the same. But its obvious my customers are going hungry or are low on cash.

Its also meaning i can't wait ...i need liquidity.
investment companies are still investing. The rich still have money in the game
Posted by SassyKiwi

I am waiting to put thousands in mutual funds just as the entire market tanks like it did back in March ._. Too time consuming to get into day trading.
two words: bathroom breaks
Posted by Bklatt
Posted by 777
Posted by Ramin

Tech was lifted during because of its need in pandemic. Techs continued rise is due to greedy speculators. TSLA mainly by greed cultists.

If economy continues to grow, then their prices may be supported. If there is a change in the wind, people may rush out trampling each other like in a theater on fire.


So thats what everyone was doing during this pandemic? buying iPhone an& te cars


I thought it was the opposite. No work=No need for cars. limited income= no money for expensive phones
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Apple and Tesla - were usually fancied by people with shallow tastes - by people who spend more on the image of a product than the product itself. They're definitely not brands - for people who are more focused on what they actually need (and those are the people - who spent/d less during a pandemic - more focused on essential products). Work (or more accurately... the sources of income) - didn't cease altogether. Only specific business owners got affected (as it's the case with restaurants, cinemas, event holders and such / and ofc small business owners - who couldn't adapt/improvise) - more severely. That being said - it's not that surprising that a company like Apple - was actually favored by the pandemic. After all, less work and more time at home - implied more time to spend on gadgets - or to take selfies. And since the Apple and Tesla logo adds a touch of... "if I afford this Brand - that makes me better than most of you..." this investment seemed essential for the ones in question.

Anyway, brands like above - are still limited to a specific niche of people. The highest revenue was actually recorded by a company who targets all groups of people - aka - Amazon (: since most people - be inside, most people - be spending online).
Posted by IAteMyGrandmaInMonkeyTown
Posted by MyStarsShine

@IAteMyGrandmaInMonkeyTown

What are your thoughts on investing in cryptocurrency (not Bitcoin) at the moment?


They are somehow overpriced but were cheaper and kind of forgotten not long ago. They can go higher, but you just cant chase prices. It will catch to you eventually. Best purchases are only when you buy and nobody else wants it. There are stocks out there of regular companies like General Electric, US Steel, etc, that nobody wants. They are simply out of favor. Those can go x10 in the future easily. In 2009/10 when I was buying AMD for $ 1 nobody wanted it. Check the price now.

Whenever you hear other people talking about something you simply walk away, especially when those people are regular people like teachers, zodiac forum people, and etc. That's the top. That's just how it works.
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Thanks

Are you going to invest in the little known about crypto coins?

Are you a FA?
Posted by IAteMyGrandmaInMonkeyTown
Posted by Whorpio

Did anyone else see Tesla stocks at $ 2k this summer? My boo thang was having sellers remorse because he sold his at $ 700 allegedly and a couple months later saw them spike to $ 2k, but today when he was looking at his trading app he saw they’re down to $ 400 and when he looked at the graph of how the stock has been behaving this year he didn’t see the $ 2k spike he always told me about this past summer.


It's called stock split (4 to 1). Your boo will eventually lose all his money.

Advise to all of you buying stocks since about 4/14/2020. You will lose your money.

The number one signal for financial bubble is when people talk about buying stocks on a Zodiac forum.

You Millennials grew up in the era of the printer. 50% of market/world behavior was never experienced by you, you have no chance with your money. No chance.
click to expand

My bf has been trading stocks for a year now or two now. When we first met he was dabbling in cryptocurrency which ended up being a flop.

But the stock stuff has been successful so far. He knows more about it than his gen x parents do seeing as they keep losing money on their stocks and my boyfriends money has tripled.

I think it helps that he has an associates in accounting. And also one of his best friends is an investment banker so I think he may have learned something from him way back when.

I think you just have to be woke to the trends and what historically booms. It seems like tech is always a good one to invest in.

I think you may be right about the splitting tho
Posted by IAteMyGrandmaInMonkeyTown
Posted by MyStarsShine

Are you going to invest in the little known about crypto coins?

Are you a FA?


In little known crypto coins? No, because I don't know any, but if they crashed I would buy like Ripple, or something that's cheap and has x5 potential or something. I don't really know them to be honest.

What is FA?
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Financial Advisor

I mentioned crypto currency as the whole infrastructure of banking is being updated and digital/crypto/transparent/instant transactions are going to be the norm, I’m told ...
Posted by IAteMyGrandmaInMonkeyTown
Posted by MyStarsShine

Financial Advisor

I mentioned crypto currency as the whole infrastructure of banking is being updated and digital/crypto/transparent/instant transactions are going to be the norm, I’m told ...


god no, I'm not financial advisor. Just old enough not to fall for stuff.

yeah, some kind of currency change could happen, the whole world is drowning in debt. From history it was either, we pay the debt, or we bankrupt, or we cancel the debt. Old Israel country used to cancel debt every 50 years. You know we are in year 49 of our FIAT money experiment? It started with Nixon. So 50 is around the corner lol.
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Wow interesting .... thanks!!

Next year hey? 👍
Posted by IAteMyGrandmaInMonkeyTown
Posted by MyStarsShine

Next year hey? 👍


lol, no idea, but it ironically seems to be happening now.

I liked how you pinned me here.
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Lol

Yes happening now...I believe you, you seem clued in. You living in USA?
Posted by IAteMyGrandmaInMonkeyTown
Posted by MyStarsShine

Yes happening now...I believe you, you seem clued in. You living in USA?


Yeah, right outside of New York City actually. Grew up in NYC though.
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I was in NYC and state a couple of times. What’s it like living in NYC?
Posted by IAteMyGrandmaInMonkeyTown
Posted by MyStarsShine

I was in NYC and state a couple of times. What’s it like living in NYC?


When I got married I did not like it, so I moved out after 9/11 but now that I'm free I like it.

I adopt well, so I can live anywhere to be honest. You're from Europe?
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Sounds good

Yes, i’m in the republic...our son is planning on moving to NYC after he graduates next year.
Posted by IAteMyGrandmaInMonkeyTown
Posted by MyStarsShine

Yes, i’m in the republic...our son is planning on moving to NYC after he graduates next year.


O wow, that's a big move. He is coming here for college?
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Huge move....after college, he wants to work there. Big connection between Ireland and the States smile. Lots of Irish have moved/move there. I remember my dad saying that during the 60s, every other cop was an Irish person...
Posted by IAteMyGrandmaInMonkeyTown
Posted by LadyNeptune

The 1% owns 50% of the stock market.

The richest 10% owns 92% of the stock market.


Because it's one big Fraud since 1907 Lady Neptune (Pisces?). Imagine you would own a printer that could print you money at no cost to you, for which you could buy all the assets of this world. You, and your friends would own this world and all of us. If this is not the greatest fraud in humanity, I don't know what is. The Founding Fathers picked up arms and fired for much much less than that.
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Most Americans don't know this.. because we are taught the Boston tea party tax issue in our history books. But in actuality the reason early Americans picked up arms was because the king would send his agents into their houses unannounced and unprovoked. It outraged them enough to go to war with their government and declare independence.

Which is why we should arrest the cops who murdered Breonna Taylor in her own bed.
Posted by IAteMyGrandmaInMonkeyTown
Posted by MyStarsShine

Huge move....after college, he wants to work there. Big connection between Ireland and the States smile. Lots of Irish have moved/move there. I remember my dad saying that during the 60s, every other cop was an Irish person...


Yeah, you guys will be able to go to the Irish Parade every year lol.

Let him work there, it'll be good for him. Very fast though. Bluntly fast life.
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Thanks for the encouragement.....will pass it on. Lol at parade. Americans make more of it than the Irish ☘️

Fast....yes, the opposite to Ireland. As far as “let” is concerned, I’ve no say....he’s coming up for 22 smile and has a very strong mind 👍
Posted by LadyNeptune
Posted by IAteMyGrandmaInMonkeyTown
Posted by LadyNeptune

The 1% owns 50% of the stock market.

The richest 10% owns 92% of the stock market.


Because it's one big Fraud since 1907 Lady Neptune (Pisces?). Imagine you would own a printer that could print you money at no cost to you, for which you could buy all the assets of this world. You, and your friends would own this world and all of us. If this is not the greatest fraud in humanity, I don't know what is. The Founding Fathers picked up arms and fired for much much less than that.


Most Americans don't know this.. because we are taught the Boston tea party tax issue in our history books. But in actuality the reason early Americans picked up arms was because the king would send his agents into their houses unannounced and unprovoked. It outraged them enough to go to war with their government and declare independence.

Which is why we should arrest the cops who murdered Breonna Taylor in her own bed.
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I'm sure it was a combination of things.

Let's not try & change the past to suit your future sjw