Sanrith Descartes
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Investing General Discussion
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Sanrith Descartes
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Big Phoenix
Pronouns: zie/zhem/zer
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They also just announced 20k layoffs.
Guess the 10k or so they did last year didn't fix the problem.
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Sanrith Descartes
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I had to look that one up. I was like.. what does a Zero Bus Turnaround have to do with the market?
Learn something new here every day.
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Blazin
Creative Title
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Blazin
Creative Title
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It's a pretty rare and strong signal. Never go all in on one indicator but it's a piece of data to be weighed and considered.
Whaley Breadth Thrust and breakaway momentum are two other statistical breadth indicators that are close but have not yet triggered. They might in the next 1-2 trading sessions but would take strong follow through. Not so much high % move but high participation Advancers vs decliners
Whaley Breadth Thrust and breakaway momentum are two other statistical breadth indicators that are close but have not yet triggered. They might in the next 1-2 trading sessions but would take strong follow through. Not so much high % move but high participation Advancers vs decliners
Fucker
Log Wizard
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15,000 last year, different CEO. Tan is just starting with these cuts. Intel is massively overstaffed. Tan isn't a wallflower like PG was. He'll swing the axe hard and often if he has to. He is well aware they are getting stomped by AMD on the design side, and do so with 28k employees vs Intel's (now) 108k.
PG had the right ideas, but was too reluctant to cut deep
Certainly not a good time to have paychecks that have Intel logo on the top.
Gravel
Mr. Poopybutthole
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Lemme guess without checking, it tanked 5% after.
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Sanrith Descartes
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Arden
Blackwing Lair Raider
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Empty shelves by late May is seeming pretty inevitable.
I know some of you guys are familiar enough with the global supply chain to answer this: what should I be stocking up on??? Is this going to be a like the covid thing where we couldn't buy TP, paper towels, and cleaning supplies?
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tugofpeace
Pronouns: zie/zhem/zer
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Probably a nothingburger, the same FUD happened during the port strike in January and all was fine
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Arden
Blackwing Lair Raider
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Hope you're right! This time feels different than Jan, though. And I'm not sure there's an easy off ramp this time. This isn't entirely in Trump's control. The Chinese can probably play this out until it becomes very uncomfortable for everybody.
tugofpeace
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Arden
Blackwing Lair Raider
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I don't know, that's what I'm asking...
Part of the issue is it's not just about retail goods produced in China, it's about things built in the US that require various parts and components imported from China (magnets, rare earth stuff, etc.). Apparently there is a whooooole lot of stuff that requires Chinese imports in one sense or another.
The disturbing thing is that we won't begin to see the effects until 30-45 days after shit has gone wrong- due to the transportation lag.
Anyway, like I said, I'm just trying to figure out what to stock up on in case.
Juvarisx
Florida
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Clothing is going to be a big one. Really small cheap consumer goods: Spatulas, Walmart blu tooth speakers, chargers, crappy kitchen gadgets, home decor shit. Stuff people mindlessly buy without thinking about it that stores bank on to raise the bottom line. Will any of it be necessary? not in the least but the stores will feel the pinch.
I think we really underestimate the small stuff. Hobby Lobby doesn't exist in a vacuum, it doesn't exist without China as a supplier. Stuff gets too much it goes down and puts people out of work and money spent into not spent which huts the economy. Its a game of dominoes, and I think people are going to be shocked how fast this pops on us.
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Jysin
Ahn'Qiraj Raider
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This should also help calm things today. Yes, it is nowhere near closing a deal, but over the last few days both the US and China seem to be walking back from the extreme cliff edges. There is still sizeable downside risks (especially with Trump tweets), but many of the extreme bearish scenarios have all been reduced this week. China / US / firing Powell / etc.
Blazin
Creative Title
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Very close now to closing Liberation Day gap. Aggressive selling there would not be surprising. IF someone is looking to trade this swing and wants to exit long may have to be johnny on the spot to catch how fast it might wick up close and then reverse.
There might be so many people looking to exit at that level that we might not be able to get to it. To understand why, just look at the chart price levels and think of the people who are holding shares and at what level they entered. There was money that entered the market at the 200d and leading right up to the liberation day rally. Those people have been trapped and have been a heck of a ride. Whether they are bullish are bearish long term right now there is going to be a strong desire to just get off the ride.
There might be so many people looking to exit at that level that we might not be able to get to it. To understand why, just look at the chart price levels and think of the people who are holding shares and at what level they entered. There was money that entered the market at the 200d and leading right up to the liberation day rally. Those people have been trapped and have been a heck of a ride. Whether they are bullish are bearish long term right now there is going to be a strong desire to just get off the ride.
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