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Misc Stock Market
- Thread starter ForsythSnow
- Start date
Uh...well this would be super scary. Last time the Fed Funds rate was this high was 2008. Might as well turn out the lights for ATH's anytime soon...couple this with QT...we screwed.
Storm5
Member
What do we think? Turnaround Tuesday ?
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Storm5
Member
Just bought Amazon 2935/2940 spreads for this week . Thank me later now the market will crash
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Sent from my iPhone using Tapatalk
This is quite a bold market prediction. So, I don’t know if I buy it:
Finance Whiz Predicts The Dow Will Open At 9:30 A.M. Tomorrow
AVON, CT—Making the proclamation with “99% certainty,” finance whiz Seth McTurner predicted Tuesday that the Dow would open at 9:30 a.m. tomorrow. “I’m calling it now: The Dow will open tomorrow morning at half past nine,” said McTurner, whose words were heeded by thousands of investors across...www.theonion.com
Well how about that, a perfect market prediction of the Dow open! I'll have to follow this guy more often.
Meanwhile, US crude is down another $8 to $101, which is a whopping $29 down from the high set a week ago and near the low of the month! Oil shorts have made a killing the last week.
Storm5
Member
And 2835 /2800 put spreads . Man the market could literally fly either way
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severestorm
Member
What the hell
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WSJ News Exclusive | Saudi Arabia Invites China’s Xi to Visit Kingdom Amid Strained U.S. Relations
Trip could happen as soon as May, as alliances shift in the Middle East and Washington’s regional partners seek out new security and economic ties.
www.wsj.com
They ignore US calls but invite Xi. Markets and more specially the petrodollar is not going to like that.
D
Deleted member 609
Guest
Well I did it. Long 420 spy put ( September) for $3.2k. I probably just ended the bear market.
Going to sell weekly puts against this for a couple hundred a week.
Going to sell weekly puts against this for a couple hundred a week.
Another software name getting absolutely crushed...how in the world all these SAAS names went parabolic.
COUP was trading at almost $400/share last summer...are us retail dummies that dumb...
COUP down to $65/share...was at $100/share earlier today.
COUP was trading at almost $400/share last summer...are us retail dummies that dumb...
COUP down to $65/share...was at $100/share earlier today.
Not much to add here, this thread is…
In many ways, this is calculated and supports stop loss against the Ruble
abcnews.go.com
In many ways, this is calculated and supports stop loss against the Ruble
China eases control to let ruble fall faster against yuan
China is easing government exchange rate controls to let the Russian ruble fall faster in value against the Chinese yuan in a move that would help to insulate Beijing from economic sanctions on Moscow
abcnews.go.com
Redux incoming?
Well in March 2020, Fed cut rates to 0%, started QE, flooding the market with liquidity, Trump was giving out billions in stimulus. And inflation wasn’t approaching double digits. ?
But yeah, I think the market starts moving higher…these dips will get bought
Storm5
Member
Well in March 2020, Fed cut rates to 0%, started QE, flooding the market with liquidity, Trump was giving out billions in stimulus. And inflation wasn’t approaching double digits.
But yeah, I think the market starts moving higher…these dips will get bought
When ? Wednesday ?
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D
Deleted member 609
Guest
My gut is we keep seeing the same ---- we have seen since January through end of year at least. Down 1% for several days followed by up 1.5% in one day. It'll just "slowly" bleed. Might park my IRA/401k/Roth in cash or something super safe (not sure what?).
D
Deleted member 609
Guest
Yes, at 2:39pm.
Yeah, that’s my guess. Weekly RSI on the Q’s is approaching the covid crash low. Rare territory.
PPI released tomorrow morning.
100% out as of today, including the brokerage account. 2-4 weeks to begin alignment on defense, fertz, and energy. Dumped wheat and NG. Holding till the geopolitical landscape comes in to better focus, maybe with some toes in INT markets.
buckinbronco
Member
I bought a couple Series I Bonds the other day. It’s paying 7% annually right now and it’s likely to keep paying that or more, as I don’t think inflation is going down soon. You can only buy $10k per person per year tho, and have to hold it for at least 12 months.
D
Deleted member 609
Guest
Yea I have been considering that. How does it work? I assume you can't buy in a brokerage.. so where is your "proof of purchase"?
buckinbronco
Member
TreasuryDirect - Home
treasurydirect.gov
You have to create an account on Treasury Direct and buy using a linked bank account. Once you buy the bond it shows up in your Treasury Direct account. You can also buy EE bonds but the interest rate sucks on those right now.
D
Deleted member 609
Guest
Ah ok that makes sense. Can you buy it with a credit card? I'm assuming not but would be great on my 2% cash back card.
NCSNOW
Member
China, Digi dollar buying up any and every commodity they can. While the petro dollar/us dollar is backed by nothing but paper its printed on. Worrisome.Been going that way since 1970s, beleive Nixon admin was when decession was made it didnt need Gold to back it or transition away. In Kyiv, stocks, money mean diddly. Flour,oil,water,food is all that matters. Something to think about.WSJ News Exclusive | Saudi Arabia Invites China’s Xi to Visit Kingdom Amid Strained U.S. Relations
Trip could happen as soon as May, as alliances shift in the Middle East and Washington’s regional partners seek out new security and economic ties.
They ignore US calls but invite Xi. Markets and more specially the petrodollar is not going to like that.
$YANG (3x China bear ETF) was up 20% yesterday. ??? Wish I bought some.
NCSNOW
Member
The 2 step forward,one step back DJI has been shuffeling to, is now 1 step forward, 1 step back.
We are 8 points lower than where we where 12 months ago as of today. A wash! Cant build any momentum
We are 8 points lower than where we where 12 months ago as of today. A wash! Cant build any momentum
D
Deleted member 609
Guest
What does this even mean?
Just remember, your trades, no matter how stupid, aren’t as bad as the guy who bought Brady’s “last” TD ball. ?
D
Deleted member 609
Guest
One of us ?
buckinbronco
Member
I do not believe you can use a credit card unfortunately
Starbucks looking enticing 
There are larger forces at play than us just entering a "bear market". This is the collapse of something much larger.
GeorgiaGirl
Member
I’ll add onto this with an observation of my own with another index…
In 2020, the Dow death cross in March and golden cross in August 2020 were not good indicators in the longer run.
The death cross came after most of the move had happened, if not all of it, the golden cross came in the mid 27k’s and it moved to 29200ish and got dunked on.
Also heard recently that SPX had a death cross that wasn’t an indicator of a longer term trend in 2016.
Now maybe this time is different in a bad way.
Starting to wrap my head around the sanctions, economic nuke. >50% of GLOBAL GDP with the unprecedented hammer of Thor.
VegasEagle
Member
Good luck, I guess… Covid is a ----- to contain.
