Misc Stock Market

[Jimmy Hypocracy]

Lot of doom in gloom in here. I think thats my buy signal

 

[KyloG]

Elon is going to fire 500k Federal employees...probably more...cancel contracts/funding in most agencies due to what he calls "fraud", cripple social security...gut Medicaid and now keeps approving funding for his Starlink. This is unbelievable....



Elon already working on cancelling FAA deal with VZ for $2.4B and instead use his Starlink. What in the actual heck is going on.

 

[KyloG]

Interesting...market likes this....Qs reversed 2.5%. The tariffs are the news though and that will push things lower.

 

[GaWx]

Natural gas futures are +13% just over the last 2 days and this doesn’t appear to be mainly from colder wx forecasts out 2 weeks because they’re still largely pretty mild in the E US.

Supposedly this is largely due to a combo of the 35% tariffs on the 7% of US NG supply from imported CDN NG and increased demand for US LNG in Europe.

https://www.reuters.com/business/en...-2-record-flows-lng-export-plants-2025-03-03/

 

[KyloG]

Volatility is nuts...Qs grinded up 3% from the morning lows and then dropped 2% in 30 mins. Why I am staying out of the way.

 

[KyloG]

Some of these headlines are so insane...the Trump administration is moving markets so fast with every announcement. It's getting beyond absurd...and they waiting until after market close to announce that. The manipulation is so bad.