Investing General Discussion

Sanrith Descartes

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A little perspective for all the recent interest rate talk


Today's investors react to interest rates inching up the way a spoiled kid reacts to being told no. They throw a tantrum because they havent ever had to deal with it. I am old enough to remember Paul Volcker. If you dont know that name, look it up and be ready for a shock. This means we can play the buy the dip game because its going to dip on each movement of rates higher.

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Jysin

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QQQ looked weak yesterday. I took some SQQQ as a hedge overnight. Nearly top ticked it this morning selling at 13.755 (top was 13.77).

Nice making some money on the red market days.
 
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Sanrith Descartes

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god damn, is this guy Tony Stark?
I love this guy now. I really want to buy more shares now. ps.. I love the reporter doing his best to try to get Karp to name names of the "offenders".

Trump/Karp 2024
 
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Sanrith Descartes

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LMT finally broke above the 100 DMA at $350. If it can hold it, should be clear skies up to the 200 DMA at $366.

NOC broke above the 200 DMA at $312. If it can hold it there is no resistance left up to a new high of $357.
 

Fogel

Mr. Poopybutthole
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Bought some more cwsff at .86, I've been holding long since .19 but I see it swinging a bit between .7 and 1 before its next break out so going to try to do some swing trades in between.
 

Jackie Treehorn

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What’s with all these Asian owned art companies skyrocketing 50-200 percent in the last week or two? Does this have to do with the NFT shit?
 

Jackie Treehorn

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I bought some gold earlier this week, good timing. I don’t even think precious metals are an amazing way to spend your money vs. stocks but fuck are they fun to play with.
 
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Furry

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Biden bucks were in my bank this morning and I threw 1200 of them right into the market. Already made a few happy meals on them. Thanks daddy Powell.
 
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Jysin

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Biden bucks were in my bank this morning and I threw 1200 of them right into the market. Already made a few happy meals on them. Thanks daddy Powell.
My Biden bucks are MIA. Are they all supposed to have dropped by now?
 

Jysin

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Yes you can try the irs "where are my tendies?" site.

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Well, that doesn't look good.
 

Furry

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My Biden bucks are MIA. Are they all supposed to have dropped by now?
I know some people who got it as early as last weekend. I was surprised to find the money there when I went to do a wire transfer. Of the people I work with about a third got it so far. Ymmv