School me on investing...

I have zero confidence in everything these days, but I figure if Harley hit low 20s during the virus back in 2020, then made it back up around 50 bucks last year, they're back down in the low 20s again, then what's gonna stop them from improving again? I know youth today likes smaller bikes and electric ones compared to the days of yore, and they don't have $$$ like many baby-boomers who are dying off, but that's a gradual change and Harley is trying the Livewire thing. Not exactly and overnight flux in the motorcycle world. Gradual change. There has also been a more right-wing movement this year (NOT trying to get into politics at all) and I'm thinking the Harley folk may be more enthusiastic and less bitter, i.e. more likely to buy, in general. I think a bit of a pro-America movement is happening. Plus, AMF was just about in the grave until the workers bought the company. Many people thought KTM was about to STB but they are still kickin', so why not Harley? Besides, I only wrote a check for a grand, which I'll mail to Computershare tomorrow, so I'm really not risking it all that much. I don't have a Harley (but I do have a Buell) but I had a few shares purchased for me back in 1987 when I was born so it's a bit of a nostalgia thing for me.

I apologize if my comment isn't all that easy to understand. I'm typing rather quickly here because it's dinner time. I also don't mean to start any arguments/discussions about politics so let's please avoid that. Please provide your thoughts!

 

Here's what I have the confidence to know. There's too much money to be made in the business world and they aren't going to destroy it. Everyone will adjust, trade partners may change a bit and the supply routes may change but one thing you know will happen is that business will continue. I can't see a reason to panic and anyone that screaming at you to panic either has a political or financial reason to convince you the world is ending.

 

I think this is a very wise take on the situation.

 

I read somewhere that wild swings in the market are caused primarily by retail investors - that's everyone here.

Institutional investors make moves well before market changes due to headlines and current events. Recent things are much ado about nothing.

 

My opinion is that you are describing gambling. Which is what most retail investors are doing when trying to pick individual stocks.

 

Stock market today: Dow, S&P 500, Nasdaq soar as Trump announces '90 day pause' on tariffs for most countries, ups levies on China

https://www.yahoo.com/finance/news/...-countries-ups-levies-on-china-133616912.html

 

I've never seen my etrade shoot up like it has in the past 45mins

 

Tuesday July 8, I imagine the market will try to anticipate before the long weekend.

 

So how many peeps here sold off massively late last week to "minimize your losses"? How do you feel now?

 

Not me, I was buying

I saw some were selling at the lows! Thats crazy ..

 

If you were buying, someone somewhere was selling.

@motion & @BigBird clients are indeed a special group of people.

 

Interesting times.

 

Pump and dump scam.
just nationally

 

Schwab was down a bit after everything started going crazy.

Robinhood all over again...but not as bad...only down a short time.

 

I wonder if Warren Buffett dipped into his $300 Billion mountain of cash to buy today. Or did he move it last week?

 

All these stupid memes about how smart Buffett is are retarded. He's not your average investor and he's not playing the same game the rest of us are. What he does has no bearing on what average Joe should be doing.

 

Glad OrangeManBad decided to come to his senses tho. I think that negotiation startegy was a little aggressive.

See y'all in 3 months? LoL

 

Where did I say that?

If you consider him retarded ... wow, I didn't know a former parts counter monkey had the capacity to be a better investor than him. In actuality, you are clueless in regard to what is happening.

 

You need to check your glasses and your reading comprehension my guy.