▶ Full Post Text
[+6] u/Apprehensive_Law7629: Topix (Japan) closed at -0.4%, Europe is at -0.7% and S&P futures are at -0.6%. Not that bad considering the forecast of a bloody Monday no?
[+15] u/gummi_eater: Lol at the people that sold.
[+12] u/FoodCooker62: Oil up 8% and futures barely down. Markets are so ready to meme.
[+12] u/BogleDick: LMAO another L for the doomer bears. Get your bingo cards ready for “blatant market manipulation”, “taco”, “fake market”,”nothing is based on reality anymore”.
Meanwhile, revenue and earnings outlooks continue to climb and the top companies in the market are well positioned.
[+10] u/reaper527: sure is blood red like reddit predicted last night /s
[+8] u/NotGucci: LOL. So many posts about why market is not crashing.
You know bears have lost the narrative.
Guys the market had already priced this in. Bottoms, and tops are formed way before news hits.
[+8] u/thegame42069: Dumb fu\*\*ing bears.
[+8] u/ConsciousScar7821: What happened to the “glad I bought puts” guy from the weekend thread on the blockade? Lol.
[+8] u/Ianpull: Reddit doomers going to retire at 100
[+8] u/Potential_Salt_5780: King of bankruptcies thinks he can set up a toll booth on the strait.
[+7] u/thegame42069: S&P officialy green 7000 is not a meme. Also geez NBIS is a monster. I sold around 135 and having some regrets.
[+7] u/Peshhhh: the market will never go down again
[+7] u/Choice_Potato_6279: r/stocks in shambles right now 😂
[+6] u/Wide_Air_4702: The tech sector is leading the S&P 500’s earnings charge with first-quarter profit estimates rising more than any other sector.
Profit estimates are up 7.9% since December 31, hitting 45% year-over-year-growth, according to FactSet.
[+6] u/Jaamun100: Kind of weird that oil and stocks are going up at the same time
[+6] u/thenuttyhazlenut: Funny, all the jokes about us being green today turned out to be true
[+6] u/jrex035: Oh look, Barak Ravid from Axios out with another "actually the Iranians are desperate for a deal too" story this morning, like clockwork
[+6] u/456M: AVUV is basically back to ATH and is up 13% YTD.
[+6] u/Serraph105: The S&P is about 130 points away from getting back to where it was in February, so that's kind of exciting.
[+5] u/lamedogninety: Market jumped almost ten percent in the past two weeks and it’s not going back down. Bank earnings will be good and rest of the earnings will likely also be good. Probably 700 by may
[+5] u/Retropixl: Software cooking today
[+5] u/iamjimmy18: Market is barely reacting to the new blockade. It's only down -0.25%.
Does it mean that the economy is insulated from oil price shocks?
Why is there such a big difference between spot oil price and futures?
[+5] u/E_STACKS: NBIS on a generational run
[+5] u/ReasonableLeader1500: The constant debate and ridicule between bears and bulls here is ridiculous. Are we not all equally bears and bulls at some point in our lives?
[+13] u/LanceX2: I love green but this is 100% manipulation.
[+12] u/Toronto2Calgary: If I listened to this sub every time they said the sky was falling I’d be so broke right now
[+12] u/subpar321: S&P now positive YTD, nice work guys
[+10] u/_hiddenscout: After all my time of posting here, one of things that I don’t think I’ll ever understand is the people who post the same thing daily or multiple times a day lol.
[+10] u/fakemedicines: Sad the day had to end th indices wanted to keep going up
[+9] u/FarrisAT: Crude oil fell 6% after Trump tweeted that 34 ships passed through the Strait of Hormuz on April 12th.
The source he cited, Kpler, actually wrote that “on April 12th only 3-4 ships passed through the Strait.”
Makes you ponder.
[+9] u/maxpain2011: How much yall up today?
[+8] u/Love-for-everyone: Doom and gloomers melt down.
[+8] u/_hiddenscout: Hhaha, made a post about some under the radar space stocks and now Morgan Stanley came out with a list today with basically all the names I had.
[+7] u/AJ_Grey: We are living in a Southpark episode
[+6] u/wynveen: Blockade is priced in
[+6] u/Icy-Sheepherder-7595: Anyone else buying MSFT like there's no tomorrow? I am even considering selling my META shares to buy more.
Cost on MSFT is $395 and META is $595. I'm a bit skeptical on the social media addiction lawsuit still and MSFT seems to be cheaper compared to its history, barely above Liberation Day max fear levels while META is still a good amount above those levels.
Not to mention MSFT has way more real world utility and staying power than META which honestly is just a social media slop addiction machine, yes it makes money but honestly I understand the lawsuit now after looking into it, I pretty much bought on the basis that it's addicting, something about that logic doesn't sit well with me after assessing the stock more, and also when I bought in initially MSFT was still near its ATH so maybe I get out now and throw it in or hold the cash on the sidelines in case the orange man has another tantrum soon.
I also have 5x the amount of MSFT as I do META so maybe I just wait it out but I'm not trying to miss a great opportunity. It's looking a lot like GOOG did last year so I'm just heavily considering trimming even my good holds for it since it's still this cheap. Should I wait for upcoming earnings? Do nothing?
Obviously not asking for like real financial advice but just curious how others are moving. I poured in almost $40k into MSFT the last two months, I don't see really anything else that's as cheap with what is likely barely any risk attached. But I know now that I typed this out I'll probably eat my words on that's statement haha.
[+6] u/Direct_Remove509: So we are now green since Feb 28. Very interesting
[+6] u/EliteAsFuk: If you're trading oil, check out What's Going on With Shipping on YouTube every day. Sal gives great info without partisan hackery.
[+6] u/FarrisAT: Okay so should we triple blockade Iran since it’s bullish?
[+6] u/FarrisAT: Remember. Oil traded up to $100 in January 2022 while stocks remained at record highs.
Same for in 2014. And in 2011. And in 2007.
The question is simply if the Fed reacts to a spike in inflation with tighter monetary conditions.
If they simply call 10% inflation as transitory, then nominal stock values should actually rise ad paretum.
[+6] u/FarrisAT: The final pre-war Persian Gulf oil tankers arrive this week. After that, none will arrive for ~45 days even if the Strait is opened up.
[+5] u/BradBrady: Timing the market is the stupidest thing and never works
It’s pretty simple, if you believe in a stock long term, just buy it no matter what
If you don’t then that’s what ETFs are for
[+5] u/bootchmagoo: and just like that, the market erased the whole Iran down move.
[+5] u/outofthisgalaxy: Some good news on taiwan semiconductor target… BofA Securities has raised TSMC stock price target to $500 based on strong AI demand.
Once Iran related volatility has calmed down TSMC stands to do really well as fundamentals remain strong.
PS: on the Iran war… I think because US Midterm elections are months away, and Trump will want to stabilise the situation before election campaigning begins, the whole situation will be stabilised over coming weeks. Not necessarily resolved, but stabilised.
Link to BofA target price news:
https://in.investing.com/news/stock-market-news/bofa-raises-tsmc-stock-price-target-to-500-on-strong-ai-demand-93CH-5333729
[+5] u/MutaliskGluon: Oh man once the market decides to come to terms with what just happened to the oil supply for the next year or so its gonna be messy.
Or the market could just stick its hand over its ears and go na na na na na i cant hear you like my 5 year old does
[+5] u/NoPickle6821: Sp is almost green on the ytd