Jump to content

Recommended Posts

Posted

The good news is this morning you will have Howard Lutnick explaining how marvelous this all is on CNBC.  I am checking to see if Scott Bessent is going to go on Bloomberg.  Last time Lutnick and Bessent did the rounds to calm markets I made some good coin on my UVIX.  Those two just non-sensical stuff, that leaves the listener less rather than more confident.

So is 1200 down on the Dow premarket today's bottom?  Or does do we have further negative downward momentum.  Have all the sellers bailed pre-market and the buyers are going to roll in?  Listening to Jim Cramer last night he was showing an interesting chart saying that a lot of the options have a ton of volatility though this Friday and calm down going into next week.  So maybe this week will be a bottom?  Who the hell can predict anything at this point.  

Bessent explaining yesterday how other countries should just take in the tariffs and not retaliate.  That utterance shows the complete lack of understanding on how tariffs have worked all though history.  One tariff begets another tariff, which hurts both economies.  Just basic fucking Economics.  

 

  • Hook 'Em 3
  • Like 1
Posted
39 minutes ago, horn4life said:

The good news is this morning you will have Howard Lutnick explaining how marvelous this all is on CNBC.  I am checking to see if Scott Bessent is going to go on Bloomberg.  Last time Lutnick and Bessent did the rounds to calm markets I made some good coin on my UVIX.  Those two just non-sensical stuff, that leaves the listener less rather than more confident.

So is 1200 down on the Dow premarket today's bottom?  Or does do we have further negative downward momentum.  Have all the sellers bailed pre-market and the buyers are going to roll in?  Listening to Jim Cramer last night he was showing an interesting chart saying that a lot of the options have a ton of volatility though this Friday and calm down going into next week.  So maybe this week will be a bottom?  Who the hell can predict anything at this point.  

Bessent explaining yesterday how other countries should just take in the tariffs and not retaliate.  That utterance shows the complete lack of understanding on how tariffs have worked all though history.  One tariff begets another tariff, which hurts both economies.  Just basic fucking Economics.  

Nevermind that the tariffs rates are based off of trade deficits, not tariffs levied. They're just making shit up, and it's not funny anymore to laugh at all the useful idiots dancing to try and justify it. Now it's just cruel and tragic

  • Hook 'Em 1
  • Like 1
Posted
I wonder how the maga-rich Trumpers are feeling right now, trading some potential tax cuts for destruction of their portfolios?

Small price to pay to get our country out of this shit hole death spiral driven by the left and their pansy ass woke agenda. Stupid libural. Maga forever!
  • Haha 2
  • Drool 1
Posted
23 minutes ago, tbone_ said:


Small price to pay to get our country out of this shit hole death spiral driven by the left and their pansy ass woke agenda. Stupid libural. Maga forever!

And not a single mention of trans anything. Sad!

This is obviously a deep-fake funded by Soros.  Please Patriots, order my new e-book for $19.95 (or order 2 for only $45), “ How to prevent the Soros vaccine bots from passing through your steering wheel into your car or truck, causing it to perform worse over time.”

Ask yourself, “Does my truck run as well as it did when I got my first COVID-19 vaccine?”

God Bless. 

Posted
2 hours ago, horn4life said:

The good news is this morning you will have Howard Lutnick explaining how marvelous this all is on CNBC.  I am checking to see if Scott Bessent is going to go on Bloomberg.  Last time Lutnick and Bessent did the rounds to calm markets I made some good coin on my UVIX.  Those two just non-sensical stuff, that leaves the listener less rather than more confident.

So is 1200 down on the Dow premarket today's bottom?  Or does do we have further negative downward momentum.  Have all the sellers bailed pre-market and the buyers are going to roll in?  Listening to Jim Cramer last night he was showing an interesting chart saying that a lot of the options have a ton of volatility though this Friday and calm down going into next week.  So maybe this week will be a bottom?  Who the hell can predict anything at this point.  

Bessent explaining yesterday how other countries should just take in the tariffs and not retaliate.  That utterance shows the complete lack of understanding on how tariffs have worked all though history.  One tariff begets another tariff, which hurts both economies.  Just basic fucking Economics.  

 

Hell, even Grindr can't find a bottom right now.

  • Like 1
  • Haha 5
  • Fuck Around and Find Out 1
Posted
1 hour ago, Wally Fairway said:

OMFG - watching the opening bell and Rudy Fucking Giuliani is there with Newsmax

You know that fucking knob jumped in at $250 a couple of days ago. 

image.png.1bba838e2e2b24263bf344d58e08b960.png

  • Like 2
Posted
Checks retirement account…… add 2 years to target retirement.  So excited to have another 12-18 months for recovery. 

The S&P is CURRENTLY up 120% for 5 years and 32% for 2 years. The average return is 9%. This is normal. Reversion to the mean is always going to happen. Does it suck? Yes. Is it normal? Absolutely. Turn off cnbc and it’s all gonna be just fine if you in for the long term.
  • Hook 'Em 1
  • Haha 3
Posted
27 minutes ago, WBT said:

When do the circuit breakers hit again?

Market-wide circuit breakers provide for cross-market trading halts during a severe market decline as measured by a single-day decrease in the S&P 500 Index.  A cross-market trading halt can be triggered at three circuit breaker thresholds—7% (Level 1), 13% (Level 2), and 20% (Level 3).  These triggers are set by the markets at point levels that are calculated daily based on the prior day’s closing price of the S&P 500 Index.

A market decline that triggers a Level 1 or Level 2 circuit breaker before 3:25 p.m. will halt market-wide trading for 15 minutes, while a similar market decline “at or after” 3:25 p.m. will not halt market-wide trading.  A market decline that triggers a Level 3 circuit breaker, at any time during the trading day, will halt market-wide trading for the remainder of the trading day.

https://www.investor.gov/introduction-investing/investing-basics/glossary/stock-market-circuit-breakers

Posted (edited)
6 minutes ago, txduck87 said:


The S&P is CURRENTLY up 120% for 5 years and 32% for 2 years. The average return is 9%. This is normal. Reversion to the mean is always going to happen. Does it suck? Yes. Is it normal? Absolutely. Turn off cnbc and it’s all gonna be just fine if you in for the long term.

- All Nikkei/Japan longs, July 1990

Edited by Bozo_Casanova
  • Hook 'Em 4
  • Like 1
  • Fuck Around and Find Out 2
Posted
11 minutes ago, txduck87 said:

The S&P is CURRENTLY up 120% for 5 years and 32% for 2 years. The average return is 9%. This is normal. Reversion to the mean is always going to happen. Does it suck? Yes. Is it normal? Absolutely. Turn off cnbc and it’s all gonna be just fine if you in for the long term.

It's not "normal" when it is the clear result of absurd economic policies.

  • Hook 'Em 6
  • Like 3
Posted
14 minutes ago, txduck87 said:


The S&P is CURRENTLY up 120% for 5 years and 32% for 2 years. The average return is 9%. This is normal. Reversion to the mean is always going to happen. Does it suck? Yes. Is it normal? Absolutely. Turn off cnbc and it’s all gonna be just fine if you in for the long term.

Agree. More tongue in cheek response. I’m definitely in for the long haul. Plenty of time to recover and keep putting in on the dip.

  • Like 1
Posted
It's not "normal" when it is the clear result of absurd economic policies.

Disagree . Was covid normal ? Was giving no doc loans to people for mortgages normal? Was ww2 normal ? The market typically trades in a certain P/E ratio range and it got overextended. It WILL revert to that in the future. Will it go below that average or just flounder a bit like the lost decade to let earnings catch up to the multiple? No clue.

If a 10-20% correction scares/worries you, you should just stay in Treasuries. They happen regularly and often.
  • Hook 'Em 2
  • Like 1
Posted
Just now, Foosters said:

Man, we've come a long way from "this guy is going to fix the economy" to "well, WW2 and a global pandemic also happened in the last 100 years and we survived."

The level of copium in here tells me that we’re going to see a lot more of the denial phase before we get to acceptance.  It’sa long way down.

  • Hook 'Em 2
  • Like 1
Posted

The S&P is CURRENTLY up 120% for 5 years and 32% for 2 years. The average return is 9%. This is normal. Reversion to the mean is always going to happen. Does it suck? Yes. Is it normal? Absolutely. Turn off cnbc and it’s all gonna be just fine if you in for the long term.

Correct. Smart money buys when there’s blood in the streets (ie panic). Particularly smart money with a long term investment horizon. Day traders gonna get hurt - same as it ever was.
  • Like 1
Posted
10 minutes ago, TxTower said:


Correct. Smart money buys when there’s blood in the streets (ie panic). Particularly smart money with a long term investment horizon. Day traders gonna get hurt - same as it ever was.

Day traders love volatile drops. They're not getting hurt; they're making bank rn

Posted
1 hour ago, txduck87 said:


Disagree . Was covid normal ? Was giving no doc loans to people for mortgages normal? Was ww2 normal ? The market typically trades in a certain P/E ratio range and it got overextended. It WILL revert to that in the future. Will it go below that average or just flounder a bit like the lost decade to let earnings catch up to the multiple? No clue.

If a 10-20% correction scares/worries you, you should just stay in Treasuries. They happen regularly and often.

Good Lord, you are dumbass.

  • Hook 'Em 1
  • Like 1
Posted
1 hour ago, txduck87 said:


Disagree . Was covid normal ? Was giving no doc loans to people for mortgages normal? Was ww2 normal ? The market typically trades in a certain P/E ratio range and it got overextended. It WILL revert to that in the future. Will it go below that average or just flounder a bit like the lost decade to let earnings catch up to the multiple? No clue.

If a 10-20% correction scares/worries you, you should just stay in Treasuries. They happen regularly and often.

A 10-20% correciton would be a blessing. We're staring down the barrel of stagflation. Inflation is rising, unemployment is rising, and these tariffs are going to be a considerable headwind for economic growth.

And it's all self-inflicted for really no reason whatsoever and no benefit. So yeah, lots to be blase about, I guess.

  • Like 1
Posted
1 hour ago, txduck87 said:


Disagree . Was covid normal ? Was giving no doc loans to people for mortgages normal? Was ww2 normal ? The market typically trades in a certain P/E ratio range and it got overextended. It WILL revert to that in the future. Will it go below that average or just flounder a bit like the lost decade to let earnings catch up to the multiple? No clue.

If a 10-20% correction scares/worries you, you should just stay in Treasuries. They happen regularly and often.

I'm in agreement. Time will tell.

Posted
2 minutes ago, txduck87 said:


It’s almost like you haven’t been paying attention for the last 125 years.

the stated goal is to head back 125 years in economic policy

  • Rage+1 1
Posted
1 minute ago, txduck87 said:


It’s almost like you haven’t been paying attention for the last 125 years.

This.

 

Personally I dgaf about today’s stock valuations. Yes, this admin and their policies and actions are beyond fucking stupid. But I’m not a day trader and not selling any time soon. This month I get to buy cheap. 

  • Hook 'Em 2
  • Like 1
Posted
The level of copium in here tells me that we’re going to see a lot more of the denial phase before we get to acceptance.  It’sa long way down.

Maybe. Who knows. Certainly know I ain’t smart enough to call short term. But I do like my odds LONG term. cfdb1385210e7288cd93010191e39cac.jpg

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...