Comment by DogPeePoo@lemm.ee on lining the pockets of the wealthy

Tesla sales WAYYYY down… missed earnings on EPS and revenue… somehow the stock goes up?

The entire market goes up at the moment, because there are technical signs that we have reached the bottom. I was telling people to buy a week ago but of course they told me we are going to die and we are heading towards a recession.

I dont think so guys. Big money is buying right now.

Way too early. We haven’t even begun to see the results of these policies yet. Inflation results don’t yet take tariffs into account, the mass layoffs that are currently happening don’t show up in unemployment stats yet, the massive GDP shrinkage isn’t showing up yet, supply chains that are in the process of crashing haven’t yet affected consumers. This is a dead cat bounce, which literally every single crash in history has, and every time there are people shouting that this is the bottom and now is the time to buy back in, right before the bottom drops out.

Technical analysis is astrology for men.

I got paid at midnight and after paying bills this morning I have about 73 dollars in my account. Which stocks should I buy?

I told my buddies to buy. They did not. I started investing in stocks at 30 march and was 6k euros deep before the crash. Went all in because 2/3rd of the time doing lump sum beats DCA. So during a crash, it’s likely to be a really good choice.

ATM I have 8,47% total profit on 22,3k euros investment in STOXX 600 etf. This thing has 0,07% TER and I do not even pay taxes on the dividends within my own country. Only at the initial source. My country has no capital gains tax and it’s an accumulating ETF.

I’m quite amused by Trump’s shenanigans causing hysteria.

Sadly we are in the minority and people think they should wait until stocks become expensive again, and then buy. I dont know, something is wrong with how people think about stocks.

Buy stocks in uncertain times and gold in certain times. Seems pretty logical to me.

Please tell me this is sarcasm.

Ok. Well, at least look back at this post in a few days and learn something.

You can actually just look at premarket right now, with microsoft and meta looking like 10% gain on market open, and the entire market going up.

I dont know why people dont care about this. Its pretty nice to have money. So learning the basics about this should be essential.

I learned a long time ago to never try to time the market. It’s served me very well.

Billionaries time the market. They dont sit idle and watch their money go down. They move them around to other assets, or sit with lots of cash, like buffet did this time around.

Thats why its going up today, because big money were sitting and waiting for a sign to buy. This is it.

They do because they can do two things that you and I do not:

High frequency trading on servers that can process new information and use it before anyone else on the market can. These servers are located as close as possible to the trading exchanges, because the extra milliseconds from speed of light travel will make a difference.
Trump personally telling them when he’s about to make a big policy change

For the rest of us, timing the market is dumb. I’ll even say that you might be right about today. You might not be right about tomorrow, or the next. The sum of those moves may even be profitable overall, but not enough to beat someone who stuck with the sp500 with transaction costs taken into account.

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