OT: Lets talk about stocks (Part 3)

[Lafleurs Guy]

I think Trump delayed the tariffs couple of days in part at least, to see how markets reacted. He originally said Feb 1. Then delayed until Tuesday. Market started to slide big time Monday he was long stalling the tariffs. Last thing he needs is a recession

Tariffs will spark inflation big time. Who knows what he’s going to do but hopefully he sees that this is not a viable path towards anything.

 

[Grate n Colorful Oz]

Tariffs will spark inflation big time. Who knows what he’s going to do but hopefully he sees that this is not a viable path towards anything.

If ever the tarrifs go into full effect he'll end-up with a civil war on his hands. Middle-class Americans don't know austerity.

 

[DAChampion]

If ever the tarrifs go into full effect he'll end-up with a civil war on his hands. Middle-class Americans don't know austerity.

There's been a slow grind austerity here for decades.

Most people under 30 will never own a home.

Though even there it's not as bad as Montreal/Toronto/Vancouver.

 

[Grate n Colorful Oz]

Playstation Network's been down since last evening. Sony limited to saying "unscheduled maintenance" and nothing else. People are talking of a major hack, similar to 2011. Anyone remember if the stock went down back then?

 

[Lafleurs Guy]

Playstation Network's been down since last evening. Sony limited to saying "unscheduled maintenance" and nothing else. People are talking of a major hack, similar to 2011. Anyone remember if the stock went down back then?

They were hacked in the early 2000s and the hackers started revealing emails and all kinds of things. Pretty sure the stock took a hit.

 

[MD thaivuN]

Sony stock is currently down 1.43% during JP trading hours. Personally, I got a long call at $23 strike price in June. Whatever is gonna happen to the stock is probably gonna a small blip. The gaming portion of Sony is a big part of its revenue, but it's also the division seeing the least amount of profit margin growth compared to other Sony divisions. I don't think big institutions have been buying the stocks lately because of gaming lol.

 

[the valiant effort]

Instability and irrational decision-making is how the little guy gets ahead in this world. Huzzah! DOGE TO THE MOOOON

 

[Grate n Colorful Oz]

Instability and irrational decision-making is how the little guy gets ahead in this world. Huzzah! DOGE TO THE MOOOON

I regret not putting up 100$ on Doge when it started and had multiple zeros under the decimal.

 

[the valiant effort]

A house rep plans to interview attending physicians and Warren Commission members to get to the bottom of 11/22/63, so the truth that comes out should give us a pretty good market bump

 

[HuGort]

A house rep plans to interview attending physicians and Warren Commission members to get to the bottom of 11/22/63, so the truth that comes out should give us a pretty good market bump

The truth? You mean we been led wrong?

 

[HuGort]

Tesla stock taking a beating today. Down 8% as I write this. Chinese sales were weak it said. I imagine Musk political activities never helped any.

 

[MD thaivuN]

Tesla's stock is pretty much overvalued to the moon already. I don't think it's done dropping. It might just go back to pre-November levels.

 

[DAChampion]

Tesla's stock is pretty much overvalued to the moon already. I don't think it's done dropping. It might just go back to pre-November levels.

On the other hand Musk might negotiate himself a monopoly and 100% tarriffs on any technology such as electric cars that is better made by the Chinese. Also AI and robots. He'll have a monopoly through the US, EU, Australia, Canada, etc.

If that happens, Tesla stock will increase.

 

[Hope Of Glory]

On the other hand Musk might negotiate himself a monopoly and 100% tarriffs on any technology such as electric cars that is better made by the Chinese. Also AI and robots. He'll have a monopoly through the US, EU, Australia, Canada, etc.

If that happens, Tesla stock will increase.

That's a lot of wishful thinking. Even if some of that were to come true, that might justify Tesla's current price, not make it rise. Musk pissed off the bigger part of his client base with his recent antics and Tesla doesn't sale that many cars (compared to other companies) anyway.

But I wouldn't short it still, Tesla stock ownership is a cult at this point.

 

[DAChampion]

That's a lot of wishful thinking. Even if some of that were to come true, that might justify Tesla's current price, not make it rise. Musk pissed off the bigger part of his client base with his recent antics and Tesla doesn't sale that many cars (compared to other companies) anyway.

But I wouldn't short it still, Tesla stock ownership is a cult at this point.

It's not just the electric cars, Musk Industries may also develop a Western monopoly on AI robots, for example.

The cult is part of the underlying strength.