STOCK MARKET: Let's talk stocks and investing

I'd also look into how much OSTK's fortunes rely on bitcoin/crypto. I remember they launched tZero back in the Summer or Fall and the stock took off (Lord, did it take off, i think it went 6x in 2 months). The last I remember hearing, tZero was losing money, though, so I don't know. The stock has tanked but has still doubled from the time it took off early this year. I'm just saying owning it is a double-edged sword in that you'll have to look at what they're doing financially in terms of their online business as well as what they're doing with crypto because their former CEO was heavy into its adoption (but is now hunting for Deep State operatives in the US government and proving Trump's election victory last I heard), but their new CEO said he was going to stay the course.

 

https://www.nytimes.com/2020/12/20/us/politics/congress-stimulus-deal.html

Congress Strikes Long-Sought Stimulus Deal to Provide $900 Billion in Aid

 

Yeah, that was announced a few hours ago and futures moved up significantly, but have calmed down since then. I think it may have been baked in. We'll see what happens tomorrow, though - especially with the news of the new coronavirus strain and all.

 

Double tail wind for amzn?

 

Those "stay-at-home" stocks may be in play again which may mean AMZN, as well. We'll see. I read earlier today they shut down an AMZN warehouse somewhere in New Jersey because they found people infected there. I'm sacrifice making money for this stupid disease to be conquered.

 

Just random, but it's a big name, so :

SoftBank will reportedly file for a SPAC on Monday

 

Futures lookin' UGLY.... eww....

 

Vix looking scary

 

Yea this is really bad. I’m gonna be cutting all positions at open, try to minimize loss. Including sesn
Dumbass U.K

 

that bad? i thought it would be a minor pullback, the last 2 months really have been ridiculous.

 

wework? lol

 

Could be just a pullback for a day but I’m not taking any risks. I might leave longer positions but cutting anything short term. I opened a couple contracts on Friday to swing into today which I rarely do. betting the market would be green on stimulus news. Those will be pretty red at open.

 

I guess it depends on the composition of what you're holding as well. I think covid stocks are ok. Net is up 2%, AMZN is even, and my trashy pre/no revenue pennies seem unaffected lol.

 

I just saw the bla news came out today for sesn. Wow talk about the worst possible timing, jeez

 

It was SPLK, JMIA and FSLR. Jmia looks like it’s recovered a bit now so I might be ok. SPLK was a really high risk play was planning on cutting it no matter what at open. FSLR I’m surprised is down so much. Those are just my swings from Friday

 

Wow and jks is actually green lol, funny how I took FSLR instead when I chose between the two

 

Well that went better than expected

 

what's the timeline for approval? likely to go thru yeah?

 

looking VERY green haha

 

on a market down day so far, both NKE and PTON are trading at their respective all-time highs.