I'm guessing you don't play options much. It isnt the dollar, its the 150k per contract to cover.It’s like 1$, I’ve seen stupider plans
I'm guessing you don't play options much. It isnt the dollar, its the 150k per contract to cover.It’s like 1$, I’ve seen stupider plans
I couldn't agree more.There are also no classes in school that go over the importance of 401k's, Ira's, savings plans, etc. Though I guess there's an incentive to have a section of the population that are dumb consumers constantly keeping the money flowing back to the corporations while feeding off of debt that goes to the banks
Oh it’s a retarded play and there’s a zero percent chance they need to worry about having that 150k ready to go. Going full retard doesn’t sting too much if there’s only a buck on the line was my point.I'm guessing you don't play options much. It isnt the dollar, its the 150k per contract to cover.
Rates rising; futures sinking.
You didn't actually think this shit was over did you?
From a Macro perspective, it is hard to analyze because we have had so few instances of high unemployment, inconceivable money printing and near zero inflation in our history. Anyone who says they know where we are going from here is most likely full of shit. Especially so if they are an economist.
Ah, see thats my secret. I think about bothJust don't put too much weight on this as none of those things are direct drivers of the market, they are secondary. Sentiment is the only thing that the market moves on. So the things you listed are important because they can affect sentiment. But sentiment drivers changing has less weight than one would think because human response is not likely to drastically vary to the sentiment drivers of the past and the ones of the future. Understanding this is a pivotal concept to success in the market otherwise it always feels like "it's different this time" The drivers are different, the human response will likely be similar. Spend more time worrying about how humans will respond to these things and less about the things themselves.
CPI numbers. They sort of said some data "was unavailable" (ie.. bad stuff) and the stuff they gave out didnt look so inflationary.Massive volume and price spike on SPY and QQQ at 8:30 this morning. Struggling to see a catalyst. It happened all in one 24sec candle on both.
Looking like a strong open now.
You have no control over the things themselves, we may enjoy thinking about how we agree or disagree with macro policy but those thoughts have little to do with investing and performance. More productive to think about how the net aggregate opinion on those policies might move.Ah, see thats my secret. I think about both![]()
Massive volume and price spike on SPY and QQQ at 8:30 this morning. Struggling to see a catalyst. It happened all in one 24sec candle on both.
Looking like a strong open now.
From a Macro perspective, it is hard to analyze because we have had so few instances of high unemployment, inconceivable money printing and near zero inflation in our history. Anyone who says they know where we are going from here is most likely full of shit. Especially so if they are an economist.
Weird to me that anyone takes CPI seriously at this point. It's clearly manipulated.CPI numbers. They sort of said some data "was unavailable" (ie.. bad stuff) and the stuff they gave out didnt look so inflationary.