/biz/ - Business & Finance

>>20779058
The longer the stimulus negotiations drag on, the better the chances of the red wojaks claiming the field in August.
Which is fine by me, no way I'm buying at current valuations with 30% unemployment and a death virus on the loose. But I'll be glad to scoop up the cheapies and the tankies when it dumps again.

Stocks only go up
.. except for your stocks
those stocks go down

Futures and overnight announcements tell us that CHK (Cheasepeake Energy) and SIG (Signet Jewelers) are going to get BTFO today.

On the other side of the coin TWO (Two Harbors) and WMC (Western Mortgage) are going ignore momentum and explode at the open. Take your profits on these before lunch and don't get stuck holding the bag when the music stops.

>>19290401
Sounds like you're set. No point in asking a bunch of Robinhood traders with $1000 in their account and a portfolio of worthless shitcoins for the next big move. Just keep doing what you're doing and don't fuck it up.

>>19249584

>>19177693
I decided to buy $2.5k and maybe one more purchase if it goes below $2 a share. Hope savanon is right.

Going in on LCI and GALT, bros. Wish me luck.

All that is required to stop the bleeding is to stop selling. You're welcome.

>>18954552
Lower highs, higher lows. HFT is really trying to shake out every penny from weak hands & knock the uncommitted off their perch before the next leg.
Will the next leg be up or down though? That's the million dollar question.

>>18934638
based and pricedinpilled

Who else /buyandhold/ here?

Long time horizon gang