Hi, I am an experienced trader, but in the last time it became difficult to trade with crypt. It is too unstable and it is better to find really very intelligent traders for this business and entrust them with your finances. So far, I use site i listed below and in principle everything works as it should with a profitability of about 140% per month! https://safetrading.today/traders/free/
Down goes the Dow
Non-Running
Finance/Jobs
Report Thread
You are reporting this thread to the moderators for review and possible removal from the forum.
-
-
I think of Kozmo often.
Deliver anything, no minimum. they lost money on every transaction.
They were too slow to IPO though, and cancelled it in mid 2000.
The fun part is that the idea works now - they were basically right on the concept and others took it to completion.
The VCs lost the money, not shareholders. That's cool.
NEW YORK (CNNfn) - Kozmo.com, the online home delivery service that will bring everything from videos to snack food to your front door, withdrew its planned $150 million initial public offering Friday, citing unfavorable market conditions.
In a brief statement, the New York-based company, which has attracted several high-profile backers including Amazon.com (AMZN: Research, Estimates), asked the U.S. Securities and Exchange Commission to withdraw its application immediately.
The company originally filed to go public in March in a deal led by Credit Suisse First Boston, but had not yet indicated how many shares it expected to sell or at what price.
The withdrawal comes at a time when the IPO market has started to show significant signs of rebirth. But Internet stocks still largely remain out of favor with investors.
"At this time, we have the capital on hand, enough flexibility and confidence in our model to go public when it makes sense for the company," said Matt Higgins, a Kozmo.com spokesman. "Our focus right now is on profitability."
Higgins said the company expects to refile for an IPO "sometime early next year." -
In my view, this period is far stranger than the Tech Bubble. Tesla absorbing Solar City, no profits, buying Bitcoin, CEO Tweets a $440 price target (heading that direction today); people accept that as normal. I could go on, but that is just one glaring example.
-
Sunrice222 wrote:
Hi, I am an experienced trader, but in the last time it became difficult to trade with crypt. It is too unstable and it is better to find really very intelligent traders for this business and entrust them with your finances. So far, I use site i listed below and in principle everything works as it should with a profitability of about 140% per month! https://safetrading.today/traders/free/
ban -
Ghost of Igloi wrote:
In my view, this period is far stranger than the Tech Bubble. Tesla absorbing Solar City, no profits, buying Bitcoin, CEO Tweets a $440 price target (heading that direction today); people accept that as normal. I could go on, but that is just one glaring example.
I have to disagree - the world economy is far more developed now than 20 years ago. There's just so much more money and wealth around the globe.
Think about it...near zero inflation, near zero interest rates, trillions and trillions of saved dollars, governments sending money out, US profits up over pre-virus levels ALREADY.
I mean you can always find 10 speculative things about the stock market, at any time. Even in 'death of equities' periods.
But using those 10 things to classify an entire market...isn't useful. -
Give me a break. Without Central Bank intervention it all collapses. Market can’t handle a real interest rate. There is zero organic growth in the developed world.
-
Ghost of Igloi wrote:
Give me a break. Without Central Bank intervention it all collapses. Market can’t handle a real interest rate. There is zero organic growth in the developed world.
the 10 year yield was 3% a couple years ago. Markets were fine. -
agip wrote:
Ghost of Igloi wrote:
Give me a break. Without Central Bank intervention it all collapses. Market can’t handle a real interest rate. There is zero organic growth in the developed world.
the 10 year yield was 3% a couple years ago. Markets were fine.
axshully stox were down in 2018, so withdrawn -
Going further, the Fed is increasingly financing Government deficit spending. As if there is no end to the printing. Remarkably foolish. As mentioned in an earlier post, home price appreciation above the Housing Bubble levels. At least at Tech Bubble peak you had options with a 10 Year at 5% and relatively cheap dividend stocks. Instead each week we get a nuttier idea that is accepted as reasonable. Breathtaking, really.
https://www.theinstitutionalriskanalyst.com/post/twisting-towards-us-default -
ARKK 9% up off its Friday lows.
a $23 billion fund.
Well at least it used to be.
Huge funds that move that much are ah risky. -
2600 bro wrote:
I find this thread funny. People going apesh1t over 5% daily moves. Once you go to crypto, the stock market is very calming.
get into short dated options, your 30% swings every day will make crypto feel calm -
Earnings Scorecard: For Q4 2020 (with 99% of the companies in the S&P 500 reporting actual results), 79% of S&P 500 companies have reported a positive EPS surprise. If 79% is the final percentage, it will mark the third-highest percentage of S&P 500 companies reporting a positive EPS surprise since FactSet began tracking this metric in 2008.
-
https://www.winespectator.com/articles/us-government-pauses-tariffs-on-european-wines
Currently drinking a Spanish wine in celebration. Going to buy some French champagne tomorrow to really celebrate. -
1 Month
GME +116
BTC +27
Energy +24
Financials +9
Value +4
Retail +4
Hussman +3
Non-USA Developed 0
Short Term TIPS 0
60/40 -1
Small Caps -1
REITs -1
Junk bonds -1
USA -2
TIPS -2
Inter Treas -2
Emerging -3
Corp Bonds -4
Tech -6
Gold -6
Vanguard MoMo -6
Consumer Discretionary -7
VXX -8
Weed -9
China -10
ARKK -22
TSLA -30
Value's dominance shows here, after being trounced for 12 years.
It's mostly profit taking, right? Whatever did well in the leadup got hurt the most. And whatever was ignored prior to Feb has held up. With a few exceptions.
So the question is was this just a short term selloff or was it the changing of the tide? Up to now people could simply bet on a strong recovery. Now that the strong recovery is here, they have to bet on what comes *after* the strong recovery. Which is much harder.
Energy was left for dead and look at her run now.
Hussman continues to do very well. -
1 year
GME +3378
BTC +423
TSLA +313
ARKK +122
Retail +110
MJ +63
China +61
Consumer Discr +60
Vanguard MoMo +47
Tech +46
Small Caps +43
USA +33
Emerging +32
Financials +30
Energy +26
Non-US developed +25
Value +22
Hussman +18
60/40 +18
Junk +6
ST TIPS +5
TIPS +4
Gold +1
Corp Bonds 0
Inter Treas 0
REITs -2
VXX -43
These numbers are lapping the COVID bear market a year ago - some very big numbers for the next weeks.
It's all quite familiar - the current correction hasn't altered longer term results much. Those who bet on the meme stocks have done very well over a year despite deep losses the last few weeks And value has been pummeled, per usual.
Safe bonds have been dead money except for short term tips, which are one of the better ways to profit from unexpected inflation. They suggest inflation is coming.
Interesting to see Hussman and 60/40 tie - they are direct competitors obviously. -
Jumped on the weed wagon and bought CURLF yesterday.
-
Why is it a "correction" when the market tanks?
-
The Unkle wrote:
Why is it a "correction" when the market tanks?
funny you should ask about corrections. -
* as in needing to be corrected
-
It's just another example of dishonest business language.
Losing money is a "correction".
Firing a bunch of people is right-sizing.
Doing more with less.
A problem is a "challenge".
People are "human resources"
