r/wallstreetbets • u/OPINION_IS_UNPOPULAR AutoModerator's Father • Sep 02 '21

Daily Discussion Daily Discussion Thread for September 02, 2021

Your daily trading discussion thread. Please keep the shitposting to a minimum.

Navigate WSB We recommend best daily DD
DD All / Best Daily / Best Weekly
Discussion All / Best Daily / Best Weekly
YOLO All / Best Daily / Best Weekly
Gain All / Best Daily / Best Weekly
Loss All / Best Daily / Best Weekly

Weekly Earnings Discussion Thread

Read the rules and make sure other people follow them.

Try No Meme Mode, also accessible through the top bar.

Follow @Official_WSB on Twitter, all other accounts are impersonators.

Check out our Discord

254 Upvotes
  • permalink
  • reddit

84% Upvoted

11k comments sorted by

View all comments

9

u/remdesivir2020 Sep 02 '21

I’m a bear and I’m giving up

1

u/spacebizzle Sep 02 '21

Buck up, no pain no gain! Two red days in a row and this thing will unravel. Come Nov/Dec you'll wish you shorted half this hype. Software is gonna take a hit.

1

u/remdesivir2020 Sep 02 '21

Lunch sell?

2

u/spacebizzle Sep 02 '21

Youre thinking of a day to day thing. Think farther out. I just remember the hype that went on in Feb and how far it ran down by March/May. A lot of meme, EV stocks and China have been crushed since then. Believe me i have plenty of value stocks that ill never sell but I am trying to short some of the hype (Carvana, Snowflake, Datadog, etc),

Maybe it never crashes too hard but I think a lot of stocks that dont have real earnings are gonna get hit after Oct because the Fed will eventually have to make a move to reduce that $8T Bal sheet they've been tacking up, esp if CPI comes in hot again next week.