Such as a company like MicroStrategy whose “...recent decision to make bitcoin our primary treasury reserve asset is the latest example of MicroStrategy’s embrace of virtual technologies. The purchase of $425 million of bitcoin during the quarter offers the possibility of greater return potential for investors than holding such balances in cash..."?
https://www.businesswire.com/news/ho...ancial-Results
https://www.microstrategy.com/conten..._8-14-2020.pdf
The next 5k movement in bitcoin is down. You read it here first.
Someone who lies about the little things will lie about the big things too.
Anyone considering Alibaba on the NYSE to get exposure for the Ant group IPO. Seems the easiest way to buy in ?
Lockdown and all the guns in America being bought doesn't seem to have spooked them yet
Sent from my SM-G780F using Tapatalk
Yep, they seem less pessimistic than over the weekend when you posted the weekend trading links
Sent from my SM-G780F using Tapatalk
What happened to the markets? Thought it was supposed to be heavily down today.
Massive stimulus expected now?
Sent from my EVR-L29 using Tapatalk
I've heard there is some kind of 'poll' going on in the US that may determine what and when the stimulus happens.
No idea why the FTSE is up nearly 1% but I'm using it as a bit of a bonus to cash out many of my holdings and ride out the next few weeks. I have no intuition as to whether stocks will go up massively or down massively over the next couple of months (but it does feel like Covid is winning at present) and so I'll try and retreat with as much of my shirt as possible and wait and see what happens. I'll leave precious metals in play and some of my 'Hail Mary' stakes in place (Vela Technologies, Alien Metals, Kibo Energy - all of which I was told by people 'in the know' were going to 'moon' and which to date have an average loss of 35%). I'll keep drip feeding into the index trackers also.
What I have found out about my own investing style is that whenever I have decided I 'know best' and go after individual stocks I have gotten hammered. WIll stick to index trackers and the odd investment fund moving forward. Seems like investment professionals do know more than me after all. Who'd have thought! :)
Stonks only go up.
Someone who lies about the little things will lie about the big things too.
Seems like DoW gonna open significant up
Sent from my SM-G780F using Tapatalk
Doesn't take much for some big statements
Sent from my SM-G780F using Tapatalk
Carefully adding to my broad short position today.
S&P500, TSLA and GSX.
Someone who lies about the little things will lie about the big things too.
Wasn't expecting UK markets to climb today ...
US elections seem like a lottery to me and it's hard to work out what next ...
The worst news I would expect would be a slim Biden win and a Trump refusal to go ...
I assume the markets are pricing in a Biden win.
Yes I think so, although I doubt Trump will refuse to go but he may ask for lengthy postal recounts if it's close
Sent from my SM-G780F using Tapatalk
Thoughts on why Amazon continues to tank? Surely further lockdowns are a perfect storm for Bezos?
Equities feel very heavy. Just saying.
Someone who lies about the little things will lie about the big things too.
I'm sure they'll lighten up after the American civil war, the disease finishes and we sign an Australian style trade deal
Sent from my SM-G780F using Tapatalk
I bought some Hipgnosis shares last week. They're down slightly but at least now every time I hear "All I want for Christmas" playing on the tv/radio I know i'll be getting a tiny fraction of the money.
Futures all up overnight. Suspect a volatile day overall.
Because at $3k a share currently it may be too expensive for smaller investors. Providing a cheaper point of entry may provide greater marketability and liquidity in the market for Amazon stock (again in particular for smaller investors). It won't increase market cap per se of course but may encourage more investment in the stock.
Well regardless it still remains the case that there is talk of a split in Amazon stock
Reddit.
Someone who lies about the little things will lie about the big things too.
Wallstbets
Good stuff.
Someone who lies about the little things will lie about the big things too.
Currently there are 3 very negative areas affecting markets and they have been for a while now, Covid - Trump - Brexit, in the next few months it could easily be Vaccine - Biden - Trade agreement, these positives are now a close possibility unlike when we had the first wave of CV.
In the above scenario how do we expect that to affect markets and by how much?
Well looking good so far today
Sent from my SM-G780F using Tapatalk
Dunno, been reducing some risk yesterday late and this morning, don't like those binary days.
Hopefully no violence today.
Someone who lies about the little things will lie about the big things too.
ANT Group IPO just pulled according to Chinese media.
https://twitter.com/globaltimesnews/...09901420011520
This was reported a couple of houzrs ago: https://edition.cnn.com/2020/11/03/t...hnk/index.html
Last edited by Raffe; 3rd November 2020 at 14:04. Reason: added second link
Markets pumped then dumped later this week? Very hard to say.......
Why would a Biden win be better for the stock market (and why is Trump bad for the markets) ?
Whether you like Trump or not,Trump sees the stock market as a barometer of his success & The USA doing well, so has pursuing policies that have led to large increases in US equities.
Biden and Harris have both said they will increase corporate taxation, so companies will be less profitable. A significant factor in the US stock market increase since 2016 has been Trump cutting corporate tax hence bigger profits and stock prices increase.
Biden's less right leanings mean more social policies and bailing out economy (more QE) which filters into greater spending.
I think the "Red Mirage" scenario will play out and a less clear cut or fast victory for Biden would mean ongoing uncertainty and falls into the week.