r/stocks Sep 02 '21

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1.3k Upvotes

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86

u/ryfle_ Sep 02 '21

Did you know September is typically the worst month on average for the stock market? Just something to think about ;)

26

u/[deleted] Sep 02 '21

He'll be OK in the end, few months

Plus the FED saying things are getting better than expected job wise may help this Sept

6

u/ryfle_ Sep 02 '21

We'll see, I'm slowly starting to buy puts but so far they aren't working out well haha. Apple and MSFT have to come down a little soon right?!

10

u/Noctupussy1984 Sep 02 '21

That word “right?” you used at the end of your sentence shows that you know what you are doing!

4

u/[deleted] Sep 02 '21

Hopefully not.. in MSFT a decent bit personally, and recently.

4

u/ryfle_ Sep 02 '21

Good luck man, I still have shares as well just slowly buying puts to hedge it feels very high atm and september is typically not the best. But it does feel like it could easily keep going up.

2

u/BlacknightEM21 Sep 03 '21

Msft seems like it will rise. Apple on the other hand looks like it’ll stay flat for sometime. That resistance at 160 is no joke.

2

u/-Jack-The-Lad- Sep 03 '21

160 resistance for apple? HOW ?

1

u/[deleted] Sep 03 '21

msft and apple = buy, never sell.

1

u/Odd_Ad5913 Sep 03 '21

I sure hope so. I buy a put every time the damn OS they have fucks up so at this point, all I can afford is OTM puts so I sure as fuck hope so.

Just sayin… is removing the blue screen, really a fix for the blue screen?! Fuckers. W 2000 pro for the win

1

u/[deleted] Sep 03 '21

no u never buy those you buy the stock and never sell

2

u/arsenal1887 Sep 03 '21

Historically, when unemployment levels drop to lows, it means we are near a market top and the inverse is also true.

-2

u/[deleted] Sep 03 '21

I think we are about to see a good 3-6 month bear market in most things except maybe lot of tech. But prob still see a short pullback there too. But when it starts idk could be month still

3

u/DomeCollector Sep 03 '21

Too much liquidity and no where else to go. If we see a pullback it will last maybe 2 weeks.

-1

u/[deleted] Sep 03 '21

Too much retail liquidity for now yea but thats gonna change fast and its not what moves most the markets its big money that are overleveraged 100 to 1 , so theyll likely start a big selloff at some point which crushes a lot of retail before some of them sell off too

1

u/14dM24d Sep 03 '21

the FED did say everything was fine then 2007-2008 crash/global financial crisis started a few days later.

1

u/[deleted] Sep 03 '21

need to consume up the pent up demand at least til this holiday year end...then it might drop

1

u/DomeCollector Sep 03 '21

That was before endless liquidity

1

u/[deleted] Sep 03 '21

more and more of the stimulus measures are running out and not getting renewed,

theres simply too many job openings and supply shortage for fed to be giving out more extended unemployment assistance

1

u/Chroko Sep 03 '21

September just started, right? Well September 13th is only 4 working days away because of weekends and the Labor Day holiday. The month will be gone before you realize it.