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Stock Market/Investing/Day Trading/Speculative Trading Thread

Came to the thread cuz my Dad told me he bought GM stock today.


No, not because he is buying a dip and thinks there will be a gain with some new announcement..... but because he himself is planning on buying a Silverado or Sierra (new or used, he hasn't decided yet)



Either way, he is confident his singular purchase of a new or used pickup between $30-60,000 is gonna push the stock.




*CONSIDER THIS AN INSIDE TIP*
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Insider information is illegal. I can't purchase GM in good conscience now.
 
Pondering my next buy. Grab more of my current holdings at a discount, hoping that the dip will be relatively short? Invest in the banking/financial sector, which tends to do well with rising rates? Or diversify into foreign equities in hopes that they won't follow the US downward trend?
 
Pondering my next buy. Grab more of my current holdings at a discount, hoping that the dip will be relatively short? Invest in the banking/financial sector, which tends to do well with rising rates? Or diversify into foreign equities in hopes that they won't follow the US downward trend?
GM I got a tip they have a massive order coming
 
GM I got a tip they have a massive order coming


When my Dad called me about it for like 5 seconds I thought he heard a rumor about the US Army medical corps all switching to Chevy EVs or something… then I remembered it’s my Dad who watches curse of oak island and has a safe of gold cuz he thought Obama was gonna become the dark lord Voldemort or some other Fox News’y thing.
 
When my Dad called me about it for like 5 seconds I thought he heard a rumor about the US Army medical corps all switching to Chevy EVs or something… then I remembered it’s my Dad who watches curse of oak island and has a safe of gold cuz he thought Obama was gonna become the dark lord Voldemort or some other Fox News’y thing.
Watching Curse of Oak Island is like watching Nebraska football - At the beginning of the season "This is the year !!!", as the season goes on "This is not the year !!!", after the end of the season "Next year is going to be the year !!!".

Also, Oak Island and Nebraska - "How can these guys keep spending millions and millions of dollars every year with little or no results".
 
GDP expanded at 6.9% annualized rate in Q4, vs 5.5% expected.

We're back to an average annual real gdp growth of 1.5% from 4th qtr 2019. Not quite where we were but not bad considering the pandemic in the middle.
 

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