patrick.net

AAPL :)

Donald says

Every stock today was in the toilet except Moderna and BioN Tech.

Bullshit. SHOP was up.TSLA was up. NFLX, OKTA, COST - up, up, up....

Donald says

FuckCCP89 says

Donald says

Every stock today was in the toilet except Moderna and BioN Tech.

Bullshit. SHOP was up.TSLA was up. NFLX, OKTA, COST - up, up, up....

Yes, my bad. TSLA was up a whole 0.31% and Netflix a whole 0.37%. Moderna was up 10%. BioNTech was up 5%

Compared to Big Vaccine, Big Tech looks like a bunch of value stocks!

Moving the goalposts, are we?

First it was "all down", now it's "not up enough".... And the childish picking of the lowest performers on pretty much random list....

Go play some Nintendo, boy.

Bitcoin says

tech stocks are doing well.
AMZN, APPL for instance are breaking the overhead resistance. I could see APPLE at 160 in the near future.

Everyone buys those products. Those stocks done well for me too. I hate Google, but their stocks do well.

Thinking about buying moderna, it got into snp 500
N PATH future is bots

KgK one says

Thinking about buying moderna

yesterday was a good day to dollar cost avg into stocks at a discount. red days are buying days for me.
bought some more TSM, ARKK, even APPL

Speaking of the housing bubble, asking prices in a shitty part of Baltimore City where I live is almost 100K. Fun Fact, a lot of the listings are from landlords who mention in the listing that there is a tenant who isn't paying. Rent are around $1100/month. Way to high for a shithole, but then again it takes 2 months rent just to cover property taxes.

zzyzzx says

Fun Fact, a lot of the listings are from landlords who mention in the listing that there is a tenant who isn't paying

anecdotal. The majority of renters still pay rent. Ask any landlord....

.....rents will go up over the next years.....we dont have a housing bubble....we have a historic housing shortage, historic low interest rates and high building costs.....and a ton of people who can afford 1M+ homes.....

Bitcoin says

zzyzzx says

Fun Fact, a lot of the listings are from landlords who mention in the listing that there is a tenant who isn't paying

anecdotal. The majority of renters still pay rent. Ask any landlord....

.....rents will go up over the next years.....we dont have a housing bubble....we have a historic housing shortage, historic low interest rates and high building costs.....and a ton of people who can afford 1M+ homes.....

While I agree with you on the housing shortage and low interest rate historic points, I have to disagree on the affordability point. We have a ton of people willing to max out credit, pay historically high prices, and make themselves house poor and live month to month with 50% or greater of their net income being used for housing payments.

ForcedTQ says

I have to disagree on the affordability point. We have a ton of people willing to max out credit, pay historically high prices, and make themselves house poor and live month to month with 50% or greater of their net income being used for housing payments.

They are not giving out loans easily.....i dont believe that people who buy homes cant afford it. What i do see is that people made a killing the last 12 month in the stock market. I see it with my tech company. RSU's have doubled since Q1 2020 if not more. Now take two high earners and they can easily qualify to buy 1M+ dollar homes.

do they live month to month/paycheck to paycheck.....maybe, sure. But as long as there arent mass layoffs I dont see an issue. Will housing plateau or decline slightly? yep....but to call this a housing bubble doesnt reflect reality.

Tech stocks are surging. Tesla new all time high? Apple, Mircosoft, google....
every time we see a correction, people scream crash and dont buy the dip, just to see the stocks reach to new all time highs shortly after.....rinse and repeat.