So I have about 15 MF boards I favorite and follow (mostly the stocks I hold), and I think in all of them combined there has been maybe 1 post in the last 3 days!
I know there’s not much good to talk about in this market, but even Saul’s board has been a ghost town (more understandable I guess as a post like this would be off topic and not allowed/would be deleted).
Has this horrible time for the market shaken that many people around these parts out of here? Or are there a lot of people like myself just hanging around waiting to read something good to reply to? Sorry, I doubt this post counts as anything much worth reading.
I would hope some MF posters or ticker guides would try to keep the conversations going on the company specific boards, but that doesn’t seem to be the case.
Yep, this hole I’ve dug for myself is hard to get out of. Heck, I can’t even tell
if it’s cloudy these days.
FWIW (not much) the only sector that has good returns in '22 so far is energy.
Several companies are up 50-60%. I’m always too late, but I’m moving some cash
in that direction. Not wanting to risk choosing winners in a field I haven’t been
following closely, I chose 3 ETFs that I think will continue to outperform, GAZ,
UNL and UNG. They’re all green today (3.5 - 5.0%) but of course that means zip in
the long run. ENPH also doing well, along with my moonshots CELH and electric plane
maker JOBY, plus BRK. Everything else is still going up and down with Mr. Market’s
whims.
With some software ERs coming up, we’ll soon see if these companies’ stock prices
will meander upward against the tide or not. I’m betting …
There are many answers to your question, and the nice thing is you can choose all, none, or any combination of the reasons and probably be right.
It’s summer. Fool traffic is always down in summer. People are outside, life happens.
The market is down. People are less exuberant (to steal a phrase) when it’s like this.
The tech market is really down. Ditto and double the above, which means Saul’s and the like.
The Fool purged a bunch of boards, including social boards which kept some people around. I miss a couple of them but not most.
It’s earnings season. Not much to talk about until we know something.
There’s a recession coming, you’ve heard?
When I’ve been out of the market before my biggest failure is not getting back in when it’s hit -20% or more. (2008, 1999 most notably.) If it goes down further, well it’ll come back and I’d rather it come back with me than without me. I tiptoed out about half and what I kept has done pretty well, so I’m looking around, but not finding much that I didn’t already have at least some of. Ah well, things will change. They always do.
When I’ve been out of the market before my biggest failure is not getting back in when it’s hit -20% or more. (2008, 1999 most notably.) If it goes down further, well it’ll come back and I’d rather it come back with me than without me. I tiptoed out about half and what I kept has done pretty well, so I’m looking around, but not finding much that I didn’t already have at least some of. Ah well, things will change. They always do.
That certainly has been true for me as well.
In this case I had a bunch of cash prior to the drop so that helped some although the losses still seemed large. I did buy some more Google and BRK.
Lately I’ve moved some cash into treasury bonds since I’ll be retiring within the next year or so.
When the market is flying everyone is an expert, when it drops and continues to do poorly most get very quiet. I can recall posting a few times warning that stocks like Roku were likely poor investments but no one wanted to hear it (Roku is somewhat similar to a browser, it just provides content and to most people isn’t any different from Apple TV, firestick, etc.) because the stock was flying high. Oh well.