Taiwan Semiconductor

Roku still weak , gonna fall more tho imo

Wouldn't mind it. I got a few shares at 104 but want to triple or quadruple this position.

This post was edited by ofthevoid on Jun 2 2020 03:04pm

You’ll have chance to get at price u want, def within next couple of weeks. It’s soo weak right now, last 10 mins today confirmed its bearish case for near term. It’s got huge support at 103 then a big gap to 95-96

How can stock prices keep going up when we have the majority of the workforce-aged people furloughed, laid off, hours cut, and/or pay cut? Are shareholders looting the US economy?

The top 1 percent of households by wealth owned nearly 38 percent of all stocks shares according to research by NYU economist Edward Wolff. As of 2020, the top 10 percent of Americans owned an average of $969,000 in stocks. The next 40 percent owned $132,000 on average. For the bottom half of families, it was just under $54,000.

https://www.financialsamurai.com/what-percent-of-americans-own-stocks/

stimulus.

the underlying economy was good so it looks like the market may have priced in countries and places opening up.

back to stimulus, all central banks in the world are coordinating to prevent a market/total economic crash. basically they are inflating the market with cheap debt. also, depends on what you are looking at as some indexes are heavily weighted on some sectors I.E tech stocks which for the most part have been booming.

will see what happens in a couple of months, or even 2 weeks from now when covid ravages populations in protest.

Because the stock market isnt a good indicator of the health of the economy anymore.

and this too

I've been looking at real estate mainly, just dipping back into a bit of stocks. Real-estate is starting to correct up here, some sick deals on Twin City folks vacation cabins and shit.

I like RE too as it is a physical asset backed by the fact that humans have a fundamental need for shelter. Regardless if the stock market is doing bad and assuming you are still working - you will still need a place to stay.