• LAVA Moderator: Shinji Ikari

the market: stocks, bonds, options, whatever

this thing is flash in the pan, the real story is how hedge funds are exiting long positions in tech causing NASDAQ 100 to fall.

maybe it's just my perception but it feels like the summer equities lull came late this year and now it might be a white knuckled ride until post-election.

not sure how much the political stuff matters though since the current administration is already heavily obstructing tech business with China... this is not a good situation no matter who is at the helm come 2025
 
Look what happened to stock markets the last time they cut rates from this level. The market topped in Oct 2007

9-16-15-u-s-interest-rate-history.png


This too

https%3A%2F%2Fwww.reuters.com%2Fgraphics%2FINTERESTRATES-AUTOMATED%2FUS-10-YEARS-202405%2Fjnpwxmlxwvw%2Fchart.png
 
That risky biotech play I mentioned $SGMO is doing well after the pfizer trial data update this week. Been waiting a while for this

Too bad I didn't load a bunch in the .30's but then it would've filed bankruptcy or something, lol
 
Look what happened to stock markets the last time they cut rates from this level. The market topped in Oct 2007

9-16-15-u-s-interest-rate-history.png


This too

https%3A%2F%2Fwww.reuters.com%2Fgraphics%2FINTERESTRATES-AUTOMATED%2FUS-10-YEARS-202405%2Fjnpwxmlxwvw%2Fchart.png
Feels like this could maybe be it after Powell commented yesterday that lowering rates is on the table in September

It's not normal when multi-trillion dollar companies like Nvidia go down 10%, up 20% and down 10% again all in a few days

Watch the market recover and go higher before the September decision, lol
 
Intel down 25% today. Seems like them building chip plants here and Taiwan eventually getting invaded by China (Taiwan Semiconductor) means buying INTC will eventually pay off
 
They have issues with shipping too much inventory right now too and a bunch of other issues, but at some point in the next two years or so it'll be worth buying. They should have a lot of cash by the end of 2025 but we'll see
 
I've noticed a few days of some significant tumbling on the stock exchanges over the last few days.

Anyone know what the cause is? (Not that it really matters to long term index fund investors.)

I'm trying, and mostly succeeding, in following the wise advise of just ignoring all the volatility, and sticking with putting anything I can spare into index funds, ideally every month, or as close to that as possible.

Dips are an opportunity to buy cheaper, and I've already witnessed that if you can keep on regularly investing anything you can spare when the markets are down or flat, this is when the real gains can be made, when in time, the markets rebound and shoot back up. It's just a game of patience and strategy.

All being well I should have at least a medium term time horizon of at least 10 years for my investments, over which time, the odds are heavily in favour of the markets rising. Despite all the ups and downs that will inevitably happen during that period.
 
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They have issues with shipping too much inventory right now too and a bunch of other issues, but at some point in the next two years or so it'll be worth buying. They should have a lot of cash by the end of 2025 but we'll see

Fair point.

Still I'm surprised that you haven't popped in here today to congratulate me on Palantir, Comrade. Up 11% today whilst the rest of the market is crashing? More still to come!

By the way thanks for all of the solid advice you've given us here. You've saved me over $10k so far this year. I don't owe you a beer any more, I owe you a case.
 
SGMO 2nd day closing above a dollar. Need 8 more in a row so they don't get a Nasdaq compliance warning like they did early this year
 
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