Really interesting presentation/interview for those curious about the company Voyager Digital. Lays out everything nicely what the companies goals are; former E-Trade CEO Steve Ehrlich.
Pretty cool they’re attempting to be disruptive with putting wealth back in the retail investors hands. Will be fun to see what they accomplish over the years.
Robinhood already did that, until push came to shove and it became very clear who they are serving and who they are providing wealth too.
I got a sales pitch: “By hiring this one guy who did that thing at some point, we are providing disruption in the corporate dominated field by shifting fundamental paradigms towards savvy retail investor through breakthrough advances in big data, machine learning and AI cloud based infrastructure powered by latest blockhain techology”. Since I basically said nothing but managed to shove every buzzword imaginable (i couldn’t figure out where to shove the word APP in there, sorry) everyone please give me money to “grow” this miracle disruption company that may or may not actually do anything, but that’s neither here nor there. Look at the giggling keys.
Disclaimer. I did not watch the video, but based on countless presentations I recently saw, my guess is that it goes along those lines.
3 of the 4 limit trades were weeks old / GTC, with what I thought a few weeks ago were “crazy low” prices. when the market closed yesterday, I tweaked them a little and they filled first thing. I try not to impulse buy.
Agree with you that some nasdaq helium has been released, and there is plenty more. Better one sector than whole markets. My recent rotation out of SPY to some staples looking good today, even better were the reopening travel stocks I added last March.
My cash equivalents are cheering for higher interest rates.
I’m starting to get nervous about my airline holdings. I’ve held 4 different airlines + JETS since May of last year, and they’ve been on an absolute rampage this year. Kind of nervous that we’re at the peak and overbought given the fact that travel is still such a long way from actual recovery.
Knowing me, I’m going to complete mistime it and sell too early or hold too long.
I am definitely not adding, but for now I’m long Alaska, Southwest, and Marriott. Curious how things are by you, but since the stay at home order lifted I see a lot more activity everywhere. I think the stimulus and pent up demand will make for at least one speedball quarter of sales, for almost everyone/everywhere.
I think the only short term constraint is inventory, which won’t just cut into lease deals, but other durables (most of which will miss out on this first wave of spending).
This giant giant soap bubble economy desperately wants to pop…
Well. Maybe if the stimulus was a true 2 large and not $1,4 (before income phaseout) like it should have been for those who qualify…
But hey, that’s supposed to cover all the bills 'till July. 
Id guesstimate less then half the hackers here would ever see a nickel of the stimmy. It’s basically worthless for most people in high population areas. Just more pandering to the working poor as they devalue their dollars through inflation. That $1400 won’t even cover their gas increases let alone their grocery bill increase.
Oh, so close to breaking even on my “investment” in CCL. Bought right before pandemic @ $49.xx. Before long, but he damn stock hit $7.xx 
. 
hands made me average down at $11 to bring my cost basis to $29.xx. Only 10% to go 
, but the lost opportunity to make $$ elsewhere can never be replaced. You live, you learn (yeah, right).
Might follow Jim’s NON-advice and pickup some RNWK.
Admittedly, I actually don’t know. My weekdays are the same as they were pre-pandemic – work from home, order in lunch, and then stay in most evenings. I’ve done a bit of driving on weekends and have noticed people out and about, but I guess my naivety leads me to believe that people are responsibly distancing and that travel (especially business travel) and lodging haven’t picked up. TSA throughput data hasn’t really budged, either.
I wouldn’t call it worthless – I’ve seen a lot of Chevy and Chrysler deals lately on the forum where people are qualifying for income-capped rebates in big cities. I think the $1,400 will go a pretty long way for those folks. I do agree that just throwing money at lower income working families is perhaps not the best solution, though.
Were handouts ever anything more then buying votes from the financially illiterate? But it’s slight of hand. inflation is textbook theft
Maybe if it had been regular assistance stipend. $1,400 at this point for many is like applying a torniquet after the guillotine dropped. We’re not in 1951 anymore.
Just when I thought you couldn’t look any bigger of a fool 
At least people like you bring equilibrium to the world; not sure if it’s from your blatantly negative attitude or just your outlook on everything in life.
You have to be a pretty angry human to come on here and try and shit on stuff you clearly don’t know about haha. But whatever ya gotta type on a forum to make yourself sleep better at night. You honestly don’t have any substance to bring to these conversations other than negativity or being a dick lol. I think the platform you’re looking for is Twitter of stocktwits, where you can have these little outbursts feel acknowledged.
In other news and back to being on topic:
GME and AMC 2.0 today? Crazy market day over the last two days.
NKD brand is the 2nd-3rd most shorted stock so will be curious to see how these play out tomorrow in AH.
I had a feeling about GME and figured it would peter out at 90…so I moved my sell to 85 from 80 (break even)…
sigh…
Haha I mean… you can always buy in for tomorrow 
Feel like dancing with the devil in the pale moon light? I believe the 28th should be the “big” day but tomorrow should be interesting
@Lvs23 today is a great day to open some new long positions if you’ve been waiting: lots and lots of stonks on sale
I don’t think this is quite the bottom - trying to be patient 
I’m actually curious if this is a “sale” or a beginning of a much bigger let’s call it a correction. There’s been so much delusion priced into everything that eventually something has to give. Not saying that this is it, just a thought right now.
Timing the bottom is impossible, at best you know you’re in a trough (which we definitely are). At these prices, quite a few dividend payers at 3-6% even if they don’t go up much. I’m not adding to or any new travel names — I haven’t added any new names yet.
But I’m still just shuffling house money around. There is cash on the sidelines for when everyone starts bemoaning their half-dead 401k. 
Ha, I hear you. For me, it’s more about just adding to my existing positions. I don’t anticipate making many changes over the next couple weeks; but am planning to do more buying shortly before 3/19
That, and eventually getting rid of the remaining GME shares I have
Any Interest rate pressure, after years high on free credit, would necessitate tapping the brakes. Equities have been the only place for any returns, you’ll see some people take gains and move into safer bets, if they pay more than 0%
If/when this stimulus passes, this will all bounce-back. Consumption is 70% of our economy, and you borrowed 13.9% of an entire year’s GDP, and divided it among people who are expected to spend it fast (whether they do or not). You’ll get another big wave of euphoria and rising prices.
Whether it pops during or after that, 