Recent comments in /f/wallstreetbets

yorklebit t1_ja1i1in wrote

Reply to What Happens From Here? by B3stAuD1t0rofA11tiME

All of the below is just my personal opinion and should not be construed as anything except that. Probably what happens is the market stays stuck in a range or goes down until the Fed stops raising interest rates. When they stop or make it clear (firmly) they will stop soon, the market starts going up from that point. How low it goes before it starts going up again is anybody's guess, but will probably depend on how severely they continue to raise rates and how severe the economic fallout from the rate-raising is.

You can see on a chart (e.g. SPY) how the market attempted an uptrend starting about mid October last year. IMO this was predicated on the (putative, forthcoming) ending of interest rates rising. Now that is majorly in question and so the uptrend is in question and MAY fail and turn out to be one of those famous "dead cat bounces."

Economically, good news is bad news right now, until the good news doesn't imply a rate raise anymore.

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VisualMod t1_ja1gx9w wrote

Reply to Why SoFi is Poised to Take Over the Fintech Industry: An In-Depth Analysis by [deleted]

># SoFi Technologies

SoFi is a financial technology company that offers a range of products and services, including student loan refinancing, mortgages, personal loans, credit cards, investing and banking. The company was founded in 2011 and has since then grown rapidly, with over 7 million members as of Q4 2020. SoFi has been profitable for the last three years and its revenue grew by 46% in 2020 to $1.5 billion.

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VisualMod t1_ja1gwpk wrote

Reply to Why SoFi is Poised to Take Over the Fintech Industry: An In-Depth Analysis by [deleted]

User Report
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Account Age 4 years [^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.) [^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
>TL;DR: There are a lot of things to like about SoFi, and it's very possible that the market is completely irrational when it comes to valuing them.
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