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Aldarion

Aldarion

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Inflation higher than expected and accelerating according to data released today.

Two quarters of negative GDP according to data released yesterday.

this is fine. jpeg
 
Sanrith Descartes

Sanrith Descartes

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Aldarion said:
Inflation higher than expected and accelerating according to data released today.

Two quarters of negative GDP according to data released yesterday.

this is fine. jpeg
Click to expand...
Its contra thinking. Markets thinking that shit is so bad the Fed will have to slow or stop rate hikes.
 
Sanrith Descartes

Sanrith Descartes

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ABBV just broke down below the 200-DMA. First time since Oct of '21 it has done that. Lets see if it recovers back above it before the close.
 
Aldarion

Aldarion

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Sanrith Descartes said:
Its contra thinking. Markets thinking that shit is so bad the Fed will have to slow or stop rate hikes.
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I don't get the reasoning though - arent the rate hikes intended specifically to fight inflation? So shouldnt accelerating inflation signal that the Fed will have to hike harder?

I mean who knows, its starting to sound like that scene in the princess bride, but we don't have any Iocane powder
 
Gravel

Gravel

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It's why one of the best quotes about the market is "the market can stay irrational longer than you can stay solvent."
 
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Big Phoenix

Big Phoenix

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Jysin said:
Not just the double miss. Bad guide too.

16:01 [INTC] Reports Q2 $0.29 v $0.69e, Rev $15.3B v $17.9Be; Cuts outlook sharply
- Guides Q3 $0.35 v $0.90e, Adj Rev $15-16B v $18.9Be
- Cuts FY22 $2.30 v $3.46e

16:06 [INTC] Notes deteriorating macro, inventory and supply disruptions, competitive pressures; Expect 10% decline in 2022 PC TAM; Prolonged supply chain challenges - earnings slides
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Guess we know why that garbage company is pushing so hard for CHIPS.
Aldarion said:
Inflation higher than expected and accelerating according to data released today.

Two quarters of negative GDP according to data released yesterday.

this is fine. jpeg
Click to expand...
Bro they just redefined all the technical terms, its ok.
 
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Sanrith Descartes

Sanrith Descartes

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Aldarion said:
I don't get the reasoning though - arent the rate hikes intended specifically to fight inflation? So shouldnt accelerating inflation signal that the Fed will have to hike harder?

I mean who knows, its starting to sound like that scene in the princess bride, but we don't have any Iocane powder
Click to expand...
You are thinking in a rational line which is presupposing that the humans involved in the decision making are altruistic and only making decions on whats best for the country.
 
Jysin

Jysin

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13:05 [BABA] Added to SEC list of firms that could face delisting under the 'Holding Foreign Companies Accountable Act' - Source TradeTheNews.com


Ouch.
 
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Sanrith Descartes

Sanrith Descartes

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That INTC year-to-date chart in all its glory.

1659114809851.png
 
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Sanrith Descartes

Sanrith Descartes

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Jysin said:
Its all good, the CEO says the bottom is in! Go yolo!

11:12 [INTC] CEO: Very confident this is the bottom and we are rebuilding from here - CNBC - Source TradeTheNews.com
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INTC need an entire c-suite makeover. They need to bring in some young and hungry leadership who wont be afraid to make bold decisions.
 
Sanrith Descartes

Sanrith Descartes

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TSLA +6%. Touching $900. If there is only one stock that should never be shorted...

Joe Biden No GIF by The Democrats
 
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