Investing General Discussion

  • Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!



    Go here and give us your nominations!
    Who's been the biggest Asshat in the last year? Give us your worst ones!
Moglyzoke Moogleman

Moglyzoke Moogleman

This Site Sucks Hairy Asshole
<Gold Donor>
615
383
Sanrith Descartes said:
I have it on good authority that we are ending the year at 3250. Buckle up. Shits about to get real.

View attachment 545694
Click to expand...
GIF by Giphy QA


10000.png
 
  • 1Mother of God
  • 1Worf
Reactions: 1 users
C

Creslin

Trakanon Raider
2,505
1,151
Blazin said:
Sure would be... but we started the year at 4770

It's a 30% move for the year and only a little above 10% from today's close. I think 6200 is on the high end of things but 6200 is a clear 5-7% overshoot and the market loves over doing shit. We hit 6200 and we are going to get a 18-20% correction, or maybe we do 5800 and keep the next correction in that 8-12% range. All just speculation, we'll know it when we see it. If we stay volatile it's not happening.
Click to expand...
We just need to make it by the end of October, it was under 4200 in oct 23. 10% move in 6 weeks needed.

I don’t think we can realistically though cause I think the move above 5800-5900 is going to require some earnings.
 
Borzak

Borzak

Bronze Baron of the Realm
25,788
33,665
Oil decided to move, back to right at $70/barrel after being down headed to $60 for a while.
 
Zog

Zog

Blackwing Lair Raider
1,810
2,338
Seeing as I have information now directly in the auto manufacturing industry I'm kind of worried about insider trading, I'm assuming keeping to the tech industry I won't get any visits from the sec.

Recession is coming boys. Enjoy the rallies and green days but keep an eye on your portfolios.
 
  • 1Beagling
Reactions: 1 user
Tmac

Tmac

Adventurer
<Aristocrat╭ರ_•́>
10,027
17,087
Zog said:
Seeing as I have information now directly in the auto manufacturing industry I'm kind of worried about insider trading, I'm assuming keeping to the tech industry I won't get any visits from the sec.

Recession is coming boys. Enjoy the rallies and green days but keep an eye on your portfolios.
Click to expand...

Go on…

Posting charts isn’t insider trading.
 
  • 1Truth!
Reactions: 1 user
Burnem Wizfyre

Burnem Wizfyre

Log Wizard
12,457
21,855
Zog said:
Seeing as I have information now directly in the auto manufacturing industry I'm kind of worried about insider trading, I'm assuming keeping to the tech industry I won't get any visits from the sec.

Recession is coming boys. Enjoy the rallies and green days but keep an eye on your portfolios.
Click to expand...
Dude who can we short to make mad money?
 
Zzen

Zzen

Potato del Grande
2,899
3,600
Permabear Zog is my favorite character in this thread. Perfect time for him make an appearance.

Looks like SPX 6000 is back on the menu boys :cool:
 
  • 3Worf
  • 1Like
Reactions: 3 users
Borzak

Borzak

Bronze Baron of the Realm
25,788
33,665

MSN

www.msn.com

Boeing workers Boeing factory workers strike after overwhelmingly rejecting contract​


When it rains it pours.
 
  • 2Worf
Reactions: 1 users
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,090
122,683
Borzak said:

MSN

www.msn.com

Boeing workers Boeing factory workers strike after overwhelmingly rejecting contract​


When it rains it pours.
Click to expand...
No friendo, you are looking at it wrong. If the workers strike, they are not making planes that have parts fall off them during flight. This is a net win for humanity.
 
  • 2Like
  • 1Worf
Reactions: 2 users
Foler

Asshat Foler

2024 FoH Asshat
<Gold Donor>
48,194
43,397
Current RKLB total % position. Prob going to apply for a quant position at Jane Street this afternoon.

IMG_9454.jpeg
 
Zog

Zog

Blackwing Lair Raider
1,810
2,338
Zzen said:
Permabear Zog is my favorite character in this thread. Perfect time for him make an appearance.

Looks like SPX 6000 is back on the menu boys :cool:
Click to expand...

To be honest I haven't even really been bearish for a long time, with rate cuts coming, gdp from housing alone should be enough to get the markets going crazy but hearing 40% cuts for one of the biggest manufacturing sectors in America and Europe is hard to swallow.
 
Zog

Zog

Blackwing Lair Raider
1,810
2,338
Of course it literally doesn't matter until it's reported and you won't hear shit about it until earnings as the reason revenue fell off a cliff. 6-7 months from now.
 
Blazin

Blazin

Creative Title
<Nazi Janitors>
7,069
36,506
That's a good point auto earnings do represent like 0.3% of S&P earnings so that could be really bad if that went tits up. I kid of course you should definitely trade the market based on rumors you heard.


So are we going for the high at the close? Place your bets
 
  • 3Double Worf
Reactions: 2 users
Lightning Lord Rule

Il_Duce Lightning Lord Rule

Lightning Fast
<Charitable Administrator>
11,086
58,278
Blazin said:
That's a good point auto earnings do represent like 0.3% of S&P earnings so that could be really bad if that went tits up. I kid of course you should definitely trade the market based on rumors you heard.


So are we going for the high at the close? Place your bets
Click to expand...
Shitpost Blazin is best Blazin.
 
  • 2Truth!
Reactions: 1 users
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,090
122,683
Zog Zog the bear is half right. Its not his bearish stance that's wrong, its the market he is bearish on. Ladies and gentlemen I give you the 5-year chart of BABA, the "crown jewel" (along with TCEHY which is nearly as bad) of the Chinese Market.

1726247185347.png
 
  • 1Launch Fail
Reactions: 1 user
You must log in or register to reply here.