Investing General Discussion

Jysin

Jysin

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Big Phoenix said:
Didnt he make a few billion dollars shorting everything as corona was kicking off?
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Lambourne said:
That was someone else I think, he said earlier in the week that he doesn't short anything.



There's other financial people that have said the same thing (Peter Schiff has been talking about the escalating debt and offshoring for decades at this point), I found the discussion below worth watching too.
There's a lot of blind hate/support going on at the moment. You can support the idea behind the tariffs but not the implementation.

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Oh no, that was definitely Bill Ackman you remember getting on CNBC for near an hour fake crying (literally) talking about armageddon. "All hotel stocks going to zero. Death of the markets as we know it", etc etc. Meanwhile behind the scenes he held credit default swaps. Used the profit of the CDS to purchase the very equities he was claiming were finished. I've no idea how the guy wasn't jailed.
 
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Borzak

Borzak

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Futures down. nasdaq and S&P 500 down more than 2% in the futures. You know what that means, record breaking day again lol.
 
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Lambourne

Lambourne

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Like or dislike Bill Ackman, I don't think his analysis was far off and I've seen many more like it. If the plan was to launch a trade war to get people to flee to bonds to lower rates, but Mr Market says "kinda losing trust in dollar bonds, is he going to devalue the currency or default on bonds next" and then you get the opposite.

In any case, EU just announced a 90 day pause on the reciprocal tariffs.
 
Sanrith Descartes

Sanrith Descartes

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The problem with all these fund managers opining is that they all have a stake in how the markets move. They will not be talking shit one way or another that hurts their positions.
 
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Jysin

Jysin

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Lower CPI vs expected

08:30 *(US) MAR CPI M/M: -0.1% V 0.1%E; Y/Y: 2.4% V 2.5%E
- CPI (ex-food/energy) M/M: 0.1% v 0.3%e; Y/Y: 2.8% v 3.0%e
- CPI Index NSA: 319.799 v 320.167e
- CPI Core Index: 325.659 v 326.443e - Source TradeTheNews.com
 
Jysin

Jysin

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Quite a bit more giveback than I was expecting, if I am honest.

I suppose the open 125% China tariffs and overall uncertainty are weighing heavily on markets.
 
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Cad

Cad

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Jysin said:
Quite a bit more giveback than I was expecting, if I am honest.

I suppose the open 125% China tariffs and overall uncertainty are weighing heavily on markets.
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Up 10% one day and down 5% the next day on no new news just makes zero sense. The China tariffs were announced in the same tweet or truth as the 90 day pause, its not like thats new.
 
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Jysin

Jysin

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Well, a significant part of the move yesterday was a massive short squeeze.
 
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Cad

Cad

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Jysin said:
Well, a significant part of the move yesterday was a massive short squeeze.
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How can that be quantified? Are there numbers on that or is that an educated guess? (No shade, just wondering).
 
Lambourne

Lambourne

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Many people may have seen this as a good exit point, must admit the thought crossed my mind earlier.

In crypto it's fairly common to see a massive move followed by a quick move in the other direction because the order book is mostly empty and it doesn't take much volume to move the price significantly. I don't know if that's a thing in stocks.
 
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Jysin

Jysin

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White House clarifying China tariffs at 145%.

This is just crazy town now.
 
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Fogel

Fogel

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Cad said:
How can that be quantified? Are there numbers on that or is that an educated guess? (No shade, just wondering).
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You can see the amount of Put options on trading apps/services and at what levels, as well as % of short positions open on individual stocks. The more expensive services obviously give more granular detail
 
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