Fogel
Mr. Poopybutthole
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I like NCLH if it gets closer to 24.00, it's bounced to 24 from 26 three times in the last month. PLTR flow has been been bullish too, my shares got called at 24.50, so looking to sell some puts on it
Investing General Discussion
- Thread starter Furious
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I like NCLH if it gets closer to 24.00, it's bounced to 24 from 26 three times in the last month. PLTR flow has been been bullish too, my shares got called at 24.50, so looking to sell some puts on it
Shonuff
Mr. Poopybutthole
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Watching Billions last night, the trader comes in and says he's never made such a big trade, and Wendy Rhoades says something very profound. Don't think of it as money to be lost (and fearful), think of it as bullets in a gun to be unloaded at a target. I need a Trading Psychologist of my own!
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Shonuff
Mr. Poopybutthole
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When I saw the JPM article on recovery stocks, I loaded up. Maybe at too high a price on NCLH. Oh well, I'll be swinging it until it makes sense.
Zog
Blackwing Lair Raider
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I've been trying to wrap my brain around the future for markets.
The general consensus is that the fed will raise interest rates in the future, while current monthly inflation is coming in at a staggering 5.4% meaning, the fed will have to increase interest rates over 5.4% to even break even on returns breaking even on inflation which at our current level before the massive $5 trillion infrastructure bills, is coming in at a whopping $1,750,000,000,000 in interest...
This is simply not a realistic situation.
Nobody is buying treasury notes with a 1.3% yield except the fed (20% of all bonds). With gold recently dropping off a cliff and making a decent bounce in the past couple days, is gold really the answer? Bitcoin for all its intents is still seeing massive sell offs in any market fears for the past year.
Massive segments of the population not working, not paying taxes is only going to increase the deficit. Massively increasing taxes is only going to destroy businesses and cause a mass exodus of the American economy. I cannot find a way out of our current situation, especially with whats going on with foreign policy, we are facing a real, inevitable collapse of the US dollar.
Beyond that we have baby boomers pulling money out of the markets for retirement here very shortly, if they are smart, before interest rates crush their entire life savings.
The insanity that printing this much money in such a short time is "transitory" is bullshit as has been blatantly pointed out, what the fuck are we supposed to do?
The general consensus is that the fed will raise interest rates in the future, while current monthly inflation is coming in at a staggering 5.4% meaning, the fed will have to increase interest rates over 5.4% to even break even on returns breaking even on inflation which at our current level before the massive $5 trillion infrastructure bills, is coming in at a whopping $1,750,000,000,000 in interest...
This is simply not a realistic situation.
Nobody is buying treasury notes with a 1.3% yield except the fed (20% of all bonds). With gold recently dropping off a cliff and making a decent bounce in the past couple days, is gold really the answer? Bitcoin for all its intents is still seeing massive sell offs in any market fears for the past year.
Massive segments of the population not working, not paying taxes is only going to increase the deficit. Massively increasing taxes is only going to destroy businesses and cause a mass exodus of the American economy. I cannot find a way out of our current situation, especially with whats going on with foreign policy, we are facing a real, inevitable collapse of the US dollar.
Beyond that we have baby boomers pulling money out of the markets for retirement here very shortly, if they are smart, before interest rates crush their entire life savings.
The insanity that printing this much money in such a short time is "transitory" is bullshit as has been blatantly pointed out, what the fuck are we supposed to do?
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Shonuff
Mr. Poopybutthole
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The Fed doesn't need to increase interest rates over 5.4%. Not sure where that came from.
Treasury note demand is soaring. Not sure where you got that from, either. Treasury yields end mixed as 10-year bond auction produces `outstanding demand’ and U.S. inflation remains high
Much of the inflation is transitory, at this point. Used car prices actually stopped increasing. Labor will come back to work when the enhanced unemployment runs out, which will lower labor across the board (for the most part).
Biden's agenda is now hamstrung by the fact that 80% of Americans are worried about inflation and they blame him directly for it.
If you are that worried about inflation, short everything down. For now, the market is going to rally a bit, barring another covid variant.
Not saying I disagree with your sentiment, but it is overly alarmist (for now). As an Economics Professor of mine used to say, don't worry about the long term, because in the long term we are all dead.
Jysin
Ahn'Qiraj Raider
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Anything remotely linked to reopening/ travel were hammered. (Delta COVID worries)
Sanrith Descartes
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I am on vacation so I'm letting things ride this week. I have some puts that hopefully expire worthless on Friday. I will probably set some Armageddon buy orders in case we see some crazy 10% drop this week and check the markets once or twice a day.
Shonuff
Mr. Poopybutthole
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Did US covid cases fall off of a cliff, or what? 150k three days ago, 70k yesterday, 30k today. Some models show it will start to fall this week.
United States COVID - Coronavirus Statistics - Worldometer
United States Coronavirus update with statistics and graphs: total and new cases, deaths per day, mortality and recovery rates, current active cases, recoveries, trends and timeline.
www.worldometers.info
Like I said, I bought a ton of travel related stocks on Thursday in anticipation.
Shonuff
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swayze22
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Sanrith Descartes
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Be very careful making decisions with "counts". It's a number very easily manipulated and has a lot of political hay right now. Facts go out the window when political are involved.
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Sanrith Descartes
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Cramer is trimming AMD and did a 180 on ABT. He had trimmed ABT but now is giving it a price upgrade on Delta fears.
Sanrith Descartes
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Keep an eye on NSH today. Vote to merge was approved and it is now public as SPIR. Over 90% of the shares were redeemed and it is also 100% shorted on available shares. It's public float at the moment is miniscule and could so some action to force a short squeeze. It could go to $15 or it could go to $5. It has so few tradeable shares at the moment its easily manipulated.
Shonuff
Mr. Poopybutthole
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Shonuff
Mr. Poopybutthole
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Yeah, but he doesn't want any stock to be greater than 3% the value of the portfolio, and after the trim AMD will still be 2.4%. He told us to load up on this right before the big run.
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Sanrith Descartes
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Shonuff
Mr. Poopybutthole
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Would much rather look at the counts versus listen to the media.
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Furry
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Lots of states don't report Saturday or sunday, so the counts always tail off.