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Historical-Key5613 t1_j2dfbpf wrote

Calls on funeral home stocks and cementaries

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EWJWNNMSG t1_j2e7n2u wrote

Understood will stock up on cement

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ColdHoller t1_j2fwi37 wrote

I thought I initially read that wrong then went on to daydream about what a cementary could be🥴

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EWJWNNMSG t1_j2fx7ad wrote

As we all know cemetery, from the old greek, place of sleep, of sleeping. A cementary then I can only assume some italian mobsters dropping people to the bottom of the ocean on cement legs, that's what I would use "cementery" for. Well anyway, happy new year dear wsbler

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fspyrofs t1_j2farxh wrote

My 15% yoy gain in tobacco backs u up on that

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Cra4ord t1_j2did12 wrote

This could be the opportunity of the decade

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something_somethinn t1_j2dp93m wrote

By end of year it may turn to an opportunity of the century

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Factcheckthisdick t1_j2e0cry wrote

I just need real estate bubble to pop and I will go that route. If blood is in the streets rest assured I'm buying real estate if I'm able.

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InhaleMyOwnFarts t1_j2f7y75 wrote

If it pops it’ll be slow. The 2008 downturn on home values before it hit the bottom took about 4ish years.

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XchrisZ t1_j2ehont wrote

Well start instigating incels towards what ever neighborhood your looking to purchase in.

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Thereisnopurpose12 t1_j2dgd18 wrote

Time to buy harder

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SuperMoonRocket t1_j2ee51b wrote

I wish I was down 20%

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justme129 t1_j2ej1bu wrote

Same. If I was only down 20%, would be effing elated.

Happy cake day.

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Thereisnopurpose12 t1_j2fb53v wrote

Yeah that would be great. One of my accounts is down around 88% 🤡🤡🤡🤡🤡🤡🤡

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downboat t1_j2e3cor wrote

I think 2023 will go sideways with a lot of volatility.

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StandardConcert1467 OP t1_j2e9it5 wrote

There was a timeline were it was flat almost 30 years

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krvdave t1_j2evgaz wrote

That's also before the vast majority of people had significant stock holdings. If nearly every boomer, gen-xer, and millennial has a significant portion of their wealth in stocks via their employer retirement plans, they're not going to tolerate a decade of low/no growth, and the Fed knows it.

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StandardConcert1467 OP t1_j2ew4zo wrote

Sadly that’s right. Or it’s going up or down. The FED needs to play with INTEREST RATES OR let it sink

−2

yao97ming t1_j2f6ufr wrote

I don’t think the market can stay up if interest rates are still going up in 2023

4

MediocreX t1_j2dn6mt wrote

Still above pre-covid levels with high PEs for many companies while earnings going to take a hit in the recession further straining the valuation.

Its gonna dip more before we jolt back up.

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XchrisZ t1_j2ei3wb wrote

After the 2008 recession it took 5-6 years to recover ATH. Including the dot com boom it took 12-13 to recover ATH well it did recover then crashed in 2008.

10

Lillica_Golden_SHIB t1_j2deooh wrote

Depends, if I buy calls then everything crashes; if I but puts then crazy bull market.

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Novel-Emotion-5208 t1_j2dhyo1 wrote

Bull market starts when Putin is gone

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MediocreX t1_j2dmusg wrote

Putin gonna double and triple down on his crazy bet before he (involuntary) will pull out tho

15

jaja94s t1_j2en4s6 wrote

So tired of this headline. S&P dropped 20% to levels not seen since… 2021. 2020 levels for the QQQ’s. When the markets dropped 20%+ in prior market crashes, it set the markets back multiple years. This year’s 20% drop was measured from an all time high that was set at the height of a hyper inflated market (I’ll stop short of calling it a bubble).

The fixation on the YTD drop of 20% by the media seems like an attempt to assuage investors and make investors believe that the market has corrected. Not saying it is or isn’t a good time to invest, but I’m always skeptical of whatever narrative the media is trying to push.

I made a killing shorting through the supposed Xmas rally. Just think about how many media outlets were wrong on that call. Oh, and they also got it wrong every time they pushed the narrative that the fed would pivot. Leading up to every single FOMC meeting.

Edit: rewording

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XorAndNot t1_j2fi9yn wrote

Hate to agree with a fellow wsber, but you're right. We still have a lot to go until we reach the peak of a decade long bull run. We're nowhere near the bottom.

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VisualMod t1_j2ddx1s wrote

>The market will rebound in 2023, with the S&P 500 gaining back some of its lost ground. However, given the overall uncertainty and instability in the world economy, it is unlikely that we will see sustained growth at pre-2022 levels.

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_Kenway t1_j2e58dq wrote

great recession correction was actually -56% from ATH

13

tommylol66 t1_j2fty3w wrote

When spy eventually hits 300-320 that will be such a big opportunity for us peasants. Fking all in.

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fefeoxoxox t1_j2dscns wrote

Will 2023 be worse. I don't think so. I think the recession is already priced in. Tech will suffer more but other industries in the s&p500 will gain big time. Stocks benefitting from war, energy sector (there is a lot of shifting going on so lots of money to be made),

4

felterbusch t1_j2flmhz wrote

Define recession…. Seriously, do it! Can’t price it in if it can’t be defined anymore.

Calls on rope. Puts on life expectancy.

4

ElectricalGene6146 t1_j2etsg4 wrote

Tech is going to be the strongest recovery. These valuations are the cheapest they have been in a very long term and tech companies keep growing.

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XorAndNot t1_j2fiegm wrote

Me with tech stocks -60% into the hole: suffer... more??? Fffff

1

2Fast2Smart2Pretty t1_j2f73ua wrote

Last year this time I thought about buying a sp500 4000 put for 12 months but no, my one good idea I don't follow through on.

3

VisualMod t1_j2ddwp6 wrote

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1

misterten2 t1_j2fneth wrote

Any idiot can make money in the way up markets from 2019-2021. It took good trading skill to be profitable in a down market like 2022. And remember it took 17 years after 1966 fo the dow to advance just 10 percent could happen again

1

EpicWhaleSquad t1_j2fqxrd wrote

LVS shreds so hard. It became the anti market

1

CIAHerpes t1_j2ftftn wrote

Meh, it is all doom and gloom til it isn't. 2023 will be a huge year for oil and nat gas though IMO. I'm buying solid profitable companies like Amazon and sinking the rest into Chevron and then small cap oil ETFs. Within 12 months I bet oil and nat gas will be up 50%

1