Investing General Discussion

Rangoth

Rangoth

Blackwing Lair Raider
1,940
2,026
Took out a PUT on SOXS as it seems WAY out of range. Got it for a week out and looking for a fast flip of 10% or so

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fris

fris

Vyemm Raider
2,273
2,758
TJT said:
This has a lot broader implications too. Like the tech industry and many white collar positions. I, an American in America, have to compete with the third world for jobs in my local vicinity.

When people apply to jobs today half the applicants are in India looking for H1B visas to do them. Even if the company outright states they aren't supporting visas the effects of globalism still clog up the recruitment pipelines by wasting time. We opened a junior analyst role two weeks ago. We got 500 applicants in a few hours for a job in Austin, Texas.

Of that 500?
1. ~200 Indians in India looking for H1B.
2. ~200 Indians in USA on H1B.
3. ~100 US Citizens in the US.
Click to expand...
Employers should have to pay double SSN/Medicare for any h1b employee
 
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Rangoth

Rangoth

Blackwing Lair Raider
1,940
2,026
And it sold already! In at 6.30$, out at 6.95$! A quick 4k :)

FYI: I use an options scanner to help find trades like this. I don't always bite, but I do scan for things way out of the BB for 2+ days. Then I do my own research from there.
 
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Blazin

Blazin

Creative Title
<Nazi Janitors>
7,415
37,320
Not great that we failed short of 5250, I exited longs at 5212, just wait and see if we can set a higher low now.

Powell soon
 
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Kirun

Kirun

Buzzfeed Editor
19,997
16,463
Jackie Treehorn said:
New President comes in 2028 and unravels them back to where they were. 4 years of damage without the possible eventual gains. News media simply blasts this for the next 10 years to get the far left elected.
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Yes. It's a 4 year consumer tax on an already overburdened population, thanks to an ADDITIONAL 4 years of consumer tax they've just endured.

And just as predicted, China told the US to go fuck itself. Trump is trying to swing the US' dick around like he's still in the 80s. He seems to not understand how many piggies have gorged at its husk in the 40+ years since and how many minorities/foreigners live here now, with ZERO attachment to its success.
 
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Sanrith Descartes

Sanrith Descartes

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<Gold Donor>
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My farm bonds now no longer hold the lowest weight in my portfolio. That honor now belongs to AMD since my farm bonds' value has been going up during this downturn while AMDs value... not so much.
 
tugofpeace

tugofpeace

Pronouns: zie/zhem/zer
870
1,929
TJT said:
This has a lot broader implications too. Like the tech industry and many white collar positions. I, an American in America, have to compete with the third world for jobs in my local vicinity.

When people apply to jobs today half the applicants are in India looking for H1B visas to do them. Even if the company outright states they aren't supporting visas the effects of globalism still clog up the recruitment pipelines by wasting time. We opened a junior analyst role two weeks ago. We got 500 applicants in a few hours for a job in Austin, Texas.

Of that 500?
1. ~200 Indians in India looking for H1B.
2. ~200 Indians in USA on H1B.
3. ~100 US Citizens in the US.
Click to expand...
Is this tech industry? thats nuts
 
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Sanrith Descartes

Sanrith Descartes

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"People expect the Fed to tell the truth and that is what the Fed will do."

Umm. Should that answer have been "that is what the FED always does."?
 
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Khane

Khane

Got something right about marriage
20,905
14,734
TJT said:
This has a lot broader implications too. Like the tech industry and many white collar positions. I, an American in America, have to compete with the third world for jobs in my local vicinity.

When people apply to jobs today half the applicants are in India looking for H1B visas to do them. Even if the company outright states they aren't supporting visas the effects of globalism still clog up the recruitment pipelines by wasting time. We opened a junior analyst role two weeks ago. We got 500 applicants in a few hours for a job in Austin, Texas.

Of that 500?
1. ~200 Indians in India looking for H1B.
2. ~200 Indians in USA on H1B.
3. ~100 US Citizens in the US.
Click to expand...

Tariffs won't do anything to what's going on in our professional field though. Companies, "American" companies have realized its cheaper to buy/build office space/HQs in Latin America/India and just fully outsource. And senior leadership across the board is starting to go all in on this in spite of past failures in this regard because they believe AI will solve the experience/knowledge gaps that exist.
 
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Kithani

Kithani

Blackwing Lair Raider
1,398
1,810
Sanrith Descartes said:
Unsolicited advice for those experiencing this type of event for the first time. Go back and read this thread in the mid Feb - end of Mar 2020 timeframe. It might give you an insight as to what we saw, and how we were thinking in terms of a serious market downturn.

View attachment 580904
Click to expand...
I’m far from any sort of expert but the fact that everyone “bought the dip” yesterday (myself included for a fair chunk) makes me think we have a long way to go on the downside.
 
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