Markets still falling like whoa

[MeerkatBong 115]

Just saw S&P had best day since 2020.

Markets love a mixed congress.

[Murfdogg21 4412]

2 minutes ago, MeerkatBong said:

Just saw S&P had best day since 2020.

Markets love a mixed congress.

Hopefully they can like it for 7 days straight

[BehoId, The Underminer! 11668]

spy up $20 today.

 

 

[Cheeseweasel 26437]

33 minutes ago, UTGrad98 said:

200 day moving average around 407 for spy. Hell we may test that tomorrow.  There is a real decision I have on whether to sell at that time. After that it's 430 retest. What to do...

The opposite of Wally?

[StruggleBus 3922]

54 minutes ago, MeerkatBong said:

Just saw S&P had best day since 2020.

Markets love a mixed congress.

Makes it harder for our elected officials to fuck everything up

[Parliament 14138]

4 hours ago, StruggleBus said:

Makes it harder for our elected officials to fuck everything up

Username checks out.

[Hefeweizen 5307]

13 hours ago, StruggleBus said:

Makes it harder for our elected officials to fuck everything up

Challenge accepted.  And our unelected officials say “Hold my beer while I trade around our next monetary policy announcements”.

[Cheeseweasel 26437]

26 minutes ago, Hefeweizen said:

Challenge accepted.  And our unelected officials say “Hold my beer while I trade around our next monetary policy announcements”.

Obviously the people want more BRRRRRRRRRT, right?

[CooterBrown 17911]

Just saw S&P had best day since 2020.
Markets love a mixed congress.

The best political stability is gridlock.

[Hefeweizen 5307]

2 hours ago, Cheeseweasel said:

Obviously the people want more BRRRRRRRRRT, right?

JPow wants it deep down, he just doesn’t want to admit it.  He’s here for the dank memes just like everyone else.

[troph 24562]

17 hours ago, MeerkatBong said:

Just saw S&P had best day since 2020.

Markets love a mixed congress.

 

2 hours ago, CooterBrown said:

The best political stability is gridlock.

they liked core monthly inflation numbers (excluding energy and food) showing a look forward annual number below 4% (0.3% * 12 = 3.6%) and adding back energy and food it's still below 5% on an look forward basis (0.4% * 12 = 4.8%). 

Yes markets like gridlock (they also like SOP politics not batshit crazy politics), but the major impetus was and is the Fed and inflation.

[washparkhorn 9935]

USD down/markets up (it takes more USD to buy securities priced in USD when USD loses value). 

Good luck. 

[washparkhorn 9935]

[BehoId, The Underminer! 11668]

my highest intentional spy buy was $441.  i have an auto-reinvest after dividend at $455.  those are my only double digit percent losses on spy now, which feels good.

[Cheeseweasel 26437]

1 hour ago, Hefeweizen said:

JPow wants it deep down, he just doesn’t want to admit it.  He’s here for the dank memes just like everyone else.

[Hefeweizen 5307]

Liquidate gay bears.  I’m dying.

[Cheeseweasel 26437]

4 minutes ago, Hefeweizen said:

Liquidate gay bears.  I’m dying.

Not my work. But yeah.

Edited November 11, 2022 by Cheeseweasel

[UTGrad98 2258]

A win today is to hold yesterday's gains. 

[Cheeseweasel 26437]

1 hour ago, UTGrad98 said:

A win today is to hold yesterday's gains. 

Bingo. No cocaine hangover = huge W

[Wally Fairway 5523]

Today would seem like a pretty good ⬆️  day, if it wasn't human nature to compare it to yesterday.
It also shows why the Dow should not be used as a market indicator - it is antiquated, from when averages were calculated by hand, now you can have the entire market and any sector you want with instantaneous results. Those fucking boomers just refuse to give up the Dow as a bell weather 

[washparkhorn 9935]

Ms. Wood feeling the mojo 

[Parliament 14138]

7 hours ago, Cheeseweasel said:

Bingo. No cocaine hangover = huge W

Smoke a joint.  Helps with the crash.  So I'm told.

[BehoId, The Underminer! 11668]

yay! spy 400!

(i expect immediate profit taking ~ er loss harvesting, maybe)

[Incredulity 11555]

posting more for the holy shit aspect.

[BehoId, The Underminer! 11668]

3 hours ago, BehoId, The Underminer! said:

yay! spy 400!

(i expect immediate profit taking ~ er loss harvesting, maybe)

lol.  

[Wally Fairway 5523]

3 hours ago, BehoId, The Underminer! said:

yay! spy 400!

(i expect immediate profit taking ~ er loss harvesting, maybe)

Seems like it is a bit early for tax loss harvesting - I mean it isn't really, but that seems like a mid-late December thing for mutuals, ETF's and hedgies to jump into the water and froth it up a bit.

[Storm the Field 5273]

PPI came in better than expected. 0.2% MOM (0.4% expected), core PPI was 0.0% (0.3%).

Futures spiking. 

Edited November 15, 2022 by Storm the Field

[Cheeseweasel 26437]

[UTGrad98 2258]

What to do. What to do. Is this enough to push us past the 200 day moving average in the s and p and look to start a new bull market? Someone needs to tell me quick because we are hitting 407 today. 

[Cheeseweasel 26437]

5 minutes ago, UTGrad98 said:

What to do. What to do.

GUIDE US WALLY!!!!

[Wally Fairway 5523]

7 minutes ago, Cheeseweasel said:

GUIDE US WALLY!!!!

this market makes no sense to me
I was just about to post - Is it time to take something off the table, to buy Puts into this market rise, to sell calls into the rise or to sit here like Forrest Gump and just participate in the market while sitting with my thumb up my butt
Stupid is as stupid does

[Cheeseweasel 26437]

5 minutes ago, Wally Fairway said:

sit here like Forrest Gump and just participate in the market while sitting with my thumb up my butt

Are you watching me?

[52-80 19096]

So costs are starting to come down, but unemployment starting to creep up…what kind of flation is that called?

[Incredulity 11555]

4 minutes ago, 52-80 said:

So costs are starting to come down, but unemployment starting to creep up…what kind of flation is that called?

DE

[52-80 19096]

5 minutes ago, Incredulity said:

DE

NUTZ!!!!1!1!!1!1!1!1

[Cheeseweasel 26437]

26 minutes ago, 52-80 said:

So costs are starting to come down, but unemployment starting to creep up…what kind of flation is that called?

Bestflation. 

[UTGrad98 2258]

The one day I discount Russia bombing a nato country....

[Sam Lin 3541]

Meh, transitory.

[Storm the Field 5273]

 

[Guest]

On 11/15/2022 at 9:04 AM, 52-80 said:

So costs are starting to come down, but unemployment starting to creep up…what kind of flation is that called?

 

4 hours ago, Storm the Field said:

 

 

[StassneyHorn 6540]

On 11/16/2022 at 10:12 AM, Storm the Field said:

 

Lol Biden spanking bottoms

Our unemployment is gonna go up with no net losses

[Cheeseweasel 26437]

10 hours ago, StassneyHorn said:

Lol Biden spanking bottoms

[Hefeweizen 5307]

Weird fetishes in the stock market doom thread?  Say it ain’t so!

 

I have a great feeling about today.  
 

I drank some good coffee, my knees don’t hurt five days after running a half marathon, and best of all, I am not looking at MY FUCKING ACCOUNT today because I’m going to enjoy the day.

[Wally Fairway 5523]

On 11/15/2022 at 9:42 AM, Cheeseweasel said:

Are you watching me?

my thumb is doing fine....how 'bout you

[Cheeseweasel 26437]

56 minutes ago, Wally Fairway said:

my thumb is doing fine....how 'bout you

Firmly planted.

[MeerkatBong 115]

Disney up early with the Sunday night dumping of CEO, that's interesting.

[TonyTexas 10482]

3 minutes ago, MeerkatBong said:

Disney up early with the Sunday night dumping of CEO, that's interesting.

You missed the real headline. They rehired Bob Iger to replace him. Market seems to like it. 

[washparkhorn 9935]

If Iger fucks up Andor, there will be hell to pay. The series does not need his input or meddling. 

[Wally Fairway 5523]

3 hours ago, washparkhorn said:

If Iger fucks up Andor, there will be hell to pay. The series does not need his input or meddling. 

I'll give him credit if they ever release the next season of The Mandalorian

[bluto 4893]

Very generally speaking are spdr etfs solid or are they fee sinkholes?