Black Monday

[Balance]

This is the kind of headlines which have newbie short term traders reaching for their Valium:

https://www.news.com.au/finance/mark...12caf316f47140

“Mark Zuckerberg has experienced one of the most drastic drops in wealth ever, and it has sent shockwaves around the globe.”

So what has that got to do with the price of milk?

No mention of the fact that FB or Meta was grossly overvalued in the first place and its rise and rise had generated hundreds of billions of dollars of gains & wealth for Mark & FB shareholders. They are only giving back some of the inflated gains.

Not so good obviously for the traders who bought (especially those using leverage like call options) in the last week in anticipation of a great result.

[alokdhir]

This is the kind of headlines which have newbie short term traders reaching for their Valium:

https://www.news.com.au/finance/mark...12caf316f47140

No mention of the fact that FB or Meta was grossly overvalued in the first place and its rise and rise had generated hundreds of billions of dollars of gains & wealth for Mark & FB shareholders. They are only giving back some of the inflated gains.

Not so good obviously for the traders who bought (especially those using leverage like call options) in the last week in anticipation of a great result.

As a trader one will be buying in FB at 25% cut ...it will surely bounce after market participants will agree with some rationale to bounce it up ...Netflix type case ..very recent

[Balance]

As a trader one will be buying in FB at 25% cut ...it will surely bounce after market participants will agree with some rationale to bounce it up ...Netflix type case ..very recent

For sure it is going to bounce once the panic stricken traders are ‘helped’ out of their stock - seen too many times over the years how the big players layer multiple offers on the sell side, spooking the inexperienced & jumpy traders out of the stock.

We see the same behaviour with postings on ST often enough!

[bull....]

facebook or meta is not a growth stock anymore its a mature old company thats now in decline and only used by old farts not young people. so long term investors will lose , traders have won who sold at the highs

[Balance]

facebook or meta is not a growth stock anymore its a mature old company thats now in decline and only used by old farts not young people. so long term investors will lose , traders have won who sold at the highs

Traders have lost big time who bought in the last few weeks.

Long term investors are still sitting on humongous gains which they can realise still - especially to the short term traders.

[bull....]

time in the market is a sales pitch from investment firms to keep your money with them lol

[bull....]

Traders have lost big time who bought in the last few weeks.

Long term
Investors are still sitting on humongous gains which they can realise still - especially to the short term traders.

lol they may have been new long term investors bit rich suggesting they are only traders. those new long term investors are had it never make any money now , bit like long term a2 investors who brought at the highs.

buy low sell high wins always

[mcdongle]

RBA also said in commentary that. " No need to raise rates quickly " ....But surely they will rise ...but its not first time markets seeing rates cycle turning ...still markets do well in the long run . Yes for traders better opportunity can come ...but surely nothing big for investors .

Also IMHO ...this rate cycle will be very shallow just on the basis of huge debt levels of all Govts ...Mainly the short term difficulties of production and supply chain and people sentiment is driving inflation ...we dont have any capacity constraints ...just staff and supply issues .

Oil is big speculation going on ...from negative prices at start of pandemic to $ 100 is just speculation and supply issues driven sentiments .

Do u really think world is using more oil today then in 2019 ?

Oil consumption in 2019 was 99.7 million barrels per day. In 2021 it was 96.90 million, In the link the EIA estimate this year it will be 100.5 million. So we could be close.

https://www.eia.gov/outlooks/steo/report/global_oil.php

[JohnnyTheHorse]

Bit of a pointless argument. There are both long term investors and traders who would have bought recently and had significant losses. There are also long term investors and traders who have massive profits.

I will note however that a smart trader doesn't gamble, they manage their risk. If you gamble on earnings then you deserve to lose.

[Balance]

time in the market is a sales pitch from investment firms to keep your money with them lol

Words of a fool.

Tell that to Bershire Hathaway shareholders or long term investors in the tracker funds in the US markets.