I have faith in Trump and what the market will do once he's REElected... I just shifted over some investments to take advantage of it. Hopefully I don't wind up taking a bath
Yep, Allegra/Bayer/etc don't pay CNN in hopes that the viewers will ask their doctors to prescribe the medicine or that you'll buy a $3.5 jar of asprin. They pay CNN to brainwash the public into supporting "universal health care" in hopes of raising their prices and forcing taxpayers to print them more money.
Auto insurance companies don't advertise in hopes of getting you to "Switch and save." They pay for favorable coverage, mandatory insurance, and support of their control over vehicle safety requirements, etc. When was the last time you saw the new saying that car insurance was a bad thing?
Car manufacturers don't pay for ads. They pay media to STFU about the fact that it's cheaper to drive a used car and maintain it. They pay media to be gentle when there's a recall. How much of the media advocated for the auto bailouts?
It's a little different on a local level. A lot of small businesses do whatever they can to advertise and media is one way too do it. To be fair, it can be marginally worthwhile if you have good accountants (i.e. for tax avoidance and ~laundering). However, even locally ads usually cost more than they're worth when you're competing for ad-time against businesses who profit from ads that don't even produce direct revenue.
Probably because the insiders see that Trump has a very good chance of being re-elected and Section 230 will be revised and dropped on the tech companies head, especially after what they are doing right now.
I think it's also overly simplistic to say people can "just use other platforms." When it comes to being able to connect with people, businesses, ask questions, or whatever... more often than not... people CAN'T use other platforms.
If you're going to play the stock market, play the long game. There is no way you can beat the guys who own the market in the short term. And if they don't post long-term gains they will never convince anyone to put their money in.
Oh yeah, I know. Usually I'm good with money, no debt to speak of and I regret not trying in 2015 or when covid hit. Figured I'm still gonna be poor no matter what so I can at least I can tell myself I tried lol
I dumped all of mine once i realized trump was going to win. He's going to butcher them after November 3rd and they will be either gone or fundamentally changed forever.
Good I hope it causes a chain reaction with all the social media shit. There's zero reason why they're so highly valued...
facebook is down too
The reason is that they can control elections. Money is laundered in them to do so. Doesn't matter if they are "profitable".
If they turn a profit, that means they did it for free.
Wall Street knows Trump will win now, despite the millions given to the Democrats. A reckoning is coming for these companies.
I have faith in Trump and what the market will do once he's REElected... I just shifted over some investments to take advantage of it. Hopefully I don't wind up taking a bath
I should've said there's zero good reasons.
They're all such bullshit and it's sad how society doesn't get off that shit.
I did. I watch Trump rallies on YT, and some riot videos, but that's all.
Yep, Allegra/Bayer/etc don't pay CNN in hopes that the viewers will ask their doctors to prescribe the medicine or that you'll buy a $3.5 jar of asprin. They pay CNN to brainwash the public into supporting "universal health care" in hopes of raising their prices and forcing taxpayers to print them more money.
Auto insurance companies don't advertise in hopes of getting you to "Switch and save." They pay for favorable coverage, mandatory insurance, and support of their control over vehicle safety requirements, etc. When was the last time you saw the new saying that car insurance was a bad thing?
Car manufacturers don't pay for ads. They pay media to STFU about the fact that it's cheaper to drive a used car and maintain it. They pay media to be gentle when there's a recall. How much of the media advocated for the auto bailouts?
It's a little different on a local level. A lot of small businesses do whatever they can to advertise and media is one way too do it. To be fair, it can be marginally worthwhile if you have good accountants (i.e. for tax avoidance and ~laundering). However, even locally ads usually cost more than they're worth when you're competing for ad-time against businesses who profit from ads that don't even produce direct revenue.
The government pays good money for the information on social media.
wow, why?
not that I'm upset, but why?
User growth is slowing. Their earnings yesterday were strong. But they are now showing slower user growth...meaning their long term outlook isnt good.
Probably because the insiders see that Trump has a very good chance of being re-elected and Section 230 will be revised and dropped on the tech companies head, especially after what they are doing right now.
Which means teens and college kids use other platforms and never sign up for facebook or twitter.
I think it's also overly simplistic to say people can "just use other platforms." When it comes to being able to connect with people, businesses, ask questions, or whatever... more often than not... people CAN'T use other platforms.
If you are banned from using your phone line for saying the wrong thing, you can just walk over there or communicate by hand written letters /s
Probably also because Conservatives are pissed about censorship, and Conservatives are looking fairly strong at the ballot box.
Europe is restarting Lockdowns. All stocks are down.
Literally the market is down, people want to make the connection that its twitter going woke but its just following the market unfortunately
edit: Actually yeah it is getting demolished rn lol down way more than the market average, looks like slump in new/active users
Hah. Twitter is down 18.37%, which is huge.
everything is getting demolished right now
Not like Twitter. NASDAQ is down 2.15% but Twitter is flirting with 20%. They are well out front.
Yep, my portfolio is taking a serious beating -- BUT I'M STILL VOTING TRUMP!
2021 is going to be the BEST YEAR EVER!
As much as it sucks, watching FB and twitter spiral is satisfying
Even if I lost all my money in the market, even if I had to flip burgers to feed my family,
I'D STILL VOTE TRUMP!
FREEDOM > MONEY
Time to buy the dip!
I gambled a chunk of my peasant savings in things that'll benefit from a Trump win..hopefully it'll work lol
Pro-tip: Gambling is a bad idea.
If you're going to play the stock market, play the long game. There is no way you can beat the guys who own the market in the short term. And if they don't post long-term gains they will never convince anyone to put their money in.
Oh yeah, I know. Usually I'm good with money, no debt to speak of and I regret not trying in 2015 or when covid hit. Figured I'm still gonna be poor no matter what so I can at least I can tell myself I tried lol
You try to get rich by:
Investing a little money each month beats perfect timing, every time.
So don't beat yourself up if you lose money, just keep investing a little bit every month.
They're trying to knock down Trump's economy as a last ditch effort
Its going to be rough for stocks as a whole until the election is over.
They're going to wreck the markets in one last attempt.
FANG is how the composites are calculated, they move the entire market.
FANG/Facebook/Amazon/Netflix/Google
FAAMNG - Add Apple and Microsoft
I guess having your CEO testify to Congress while stoned doesn’t build investor confidence. Who woulda thought?
He doesn't even clean himself up anymore. What's wrong with that Board... they all the same?
The whole market is down. I think Wall Street is playing two angles, both are bad for business:
Lots of liquidating and repositioning for a Trump win. Selling Biden stocks to push market down which allows them to buy Trump stocks cheap.
Others think red financial headlines will mean blue political headlines. More effective than donating to Biden directly.
S&P500 is diving as well... my investment is not happy.
People are just pulling their money off the table while they are ahead...and wait to see how bad the Leftist riots are if POTUS wins reelection.
No matter whst happens, I am sticking. My funds always make a lot after a downturn.
Wait until after election day, when half the US no longer has any reason to use these platforms.
I dumped all of mine once i realized trump was going to win. He's going to butcher them after November 3rd and they will be either gone or fundamentally changed forever.
All stocks are taking a hit, nice for a quick dopamine fix, but they need to be addressed by the legislation long term.
I'm taking my own advice from comments about the market over the last week or so.
Buckle up, buttercup!!!!!!!
The whole market is getting fucked tbh
Woketh yields broketh
:ultrasmugpepe:
Everything is getting pummeled.. probably due to uncertainty around the election
I think this is more due to Europe's Lockdown 2, and a broad market selloff.
Fakebook getting hammered too.
Good.
It's still $42 and some change too high.
Buy. Puts.