joevan55645

joevan55645 t1_j29dc22 wrote

But that's the thing, if you have been short this stock for a few weeks. That's an absolutely terrible headline. You're up quite a lot on your short. The momentum was strongly to the downside. These are all things I would notice for a cover.

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joevan55645 t1_j26kolq wrote

I mean that's a tough call in one year. Is Disney likely to hit $200 or higher sometime during the next cycle? I would think so. I think we can mostly agree we are going through a reset. Every other time in history when you come out of these all you want to do is own stock. Pick some good companies and let the market do its thing

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joevan55645 t1_j26gvch wrote

People have been asking this question for the better part of 10 years. I normally don't like to buy high PE stocks but I own Amazon. I see Amazon trucks in my neighborhood on a daily basis. I order all kinds of things on Amazon. Aws is absolutely massive. The stock has been cut in half. If you believe Amazon is going to continue growing and become a global Force it's my opinion you want to own the stock. If you think the growth is going to Peter out the stock is likely going to go nowhere even when the market recovers you're going to have a sideways stock on your hands as the earnings slowly come up and the PE goes down. If rates are back down to two or three percent by the end of next year which wouldn't surprise me in the slightest. It's very likely Amazon is going to be higher. How much so? Couldn't tell you but that's the setup.

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joevan55645 t1_j21u11t wrote

For other fun tips. Draw a trend line from the 2009 bottom, upper and lower, we blew right past the upper in 2021. Are we going to test the lower bound? Got me but it would be an amazing buying opportunity. The thing that struck me as being so useful about doing that is you're literally looking at how fast the economy can grow on a line.

This short-term stuff is lottery tickets, which I'm not really opposed to since I visit this place but there's a lot of who knows involved in that. Seems like it would be a good way to stack your odds if we do start getting down towards that lower trend line since 2009 and then we get some kind of recognition from the FED of how bad things are. there's your trade

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