but did you tell her to invest half into PLTR???

This doesn't add up.....

If you're worth $100mil, you wouldn't ever in a million years liquidate everything, no matter how complex it would be. The capital gains and lost returns would be staggering to the point that even if it cost them $10mil to divide without liquidation, it would actually be worth it.

well thats not good going into close


Apple going to drag everything with it red.



someone find jpow

This all sounds like straight horsechit. Especially the part about liquidating all their assets lol.

Also, I find it very hard to believe that an HVM such as yourself doesn't know how to keep your cash insured (investments are never insured btw).

Hint:

Spoiler!

Meh, I didn’t ask many questions but she did volunteer that when she contacted Webull regarding a crypto account they held, informing Webull of the divorce and need to split the account that they said it was outside of their operational capacities and with the daily fluctuations in crypto that it made more sense to liquidate and split the cash.

Also I didn’t say all their assets were liquidated, cars and properties got distributed.

But back to the original question, you seem to be stating there’s a way to insure investment accounts? No I’m not familiar. Is there something you can point me to that would let her know this FDIC issue about putting $500k+ into one account, which I’ve never come across, isn’t a concern?

Lovely week

Well you can't insure investments. There's just no way to do that. But you can insure USD cash. An account is insured up to $250k. And an additional $250k is insured for each beneficiary, up to 5 beneficiaries. Here is a good article about insuring cash accounts up to $1.25mil each:

https://www.depositaccounts.com/blog...ficiaries.html

incoming red...

I ma wait until CPI data before I move a finger

Ok, that makes perfect sense. When she was explaining the concern to me I was honestly discombobulated as **** because I don’t deal with FDIC **** and I’ve never heard from anyone concerns about that issue.

Tbh it gave me a start considering my own accounts.

Yeah it's good info. Most people don't have to worry about it because they don't have that much cash. But you could insure like $100mil cash my having it spread across 80 different banks with each individual account having 5 beneficiaries.

you can use CDARS so you handle all your money with just one bank even tho they will deposit it in multiple (that will be insure by fdic)

spy should bounce of 442-443... unless CPI data is ugly af

ppi forecast was .1% off so cpi will probably be fine

dumped 179 BBIG bricks on somebody's head @ 11.185 for a $6.26 gain (lul)


re-entered 190 @ 10.50

DJIA:
The market teased everyone with its pullbacks in the weeks of June 14th and July 17th, but the dip simply got bought back up, like every other time. We are now approaching a point in the market where there is enough energy to propel it to blast on to 40,000 in the DJIA. Tech is likely to lag behind in the percentage gains moving forward, but it is still in a full-blown bull position. The target for the DJIA for 2023 remains $40,000 and at this rate, it could hit it early on in the year. From my knowledge of the markets, most things tend to pull back after any meaningful rally, however, this is a vertical market and we have effectively seen the DJIA double from its March 2020 lows in the 18000s. The pullback from 28000 to 26000 in September/October 2020 was the only real buying opportunity since the lows, and that rally has led to a breakout above resistance at 31,000 which has propelled prices to 35631.
As we sit today, September 10th, the DJIA is flirting with holding on to the 35,000 but there is weakness. A close today below 34800 could signal a pull back to 33500, with a retest of prior resistance at 32000 if that 33500 level does not hold. My prognosis is that we see 31,000 before the blast-off to 40,000.

For traders, I would suggest hedging as we approach and reject resistance levels here, but for long-term investors I would simply warn that there is a possible buying opportunity coming in the 31000s.


NASDAQ:
Tech has absolutely dominated since the 2020 crash, with the NASDAQ going from a low of below 7000 to a current all-time high of 15701. The index itself has nearly quadrupled since 2017. Absolutely insane, and I foresee continued growth long-term, albeit with harsher downturns compared to the DJIA. The NASDAQ is currently bumping up against long-term resistance and failure to break above it in the 15800 level means that it will retest support at 14300, which will coincide with a pull-back in the DJIA. That level is a definite buy, as it worked as prior resistance in late 2020, and afterwards 20,000 will be the next target.

Russell 2000:
It has been an absolute monster, going from 966 to 2360 since the March 2020 lows in a vertical fashion. However, for the better part of 2021, it has been rangebound 2100-2360 since early February with multiple tests and rejections of breaking out, though support has firmly held. The pattern is flagging, but I would not trade it either way until it breaks out of either side. In my opinion, there will be a breakout to the downside where we will see it retest prior resistance, and depending on the month it breaks down, we will see it retest either the 1700 or 1600 level.

in b4 $150/share.

u know I won't sell.

ride her down to the felt.

Apple and SPY can’t go any lower right boyos.

In b4 s&p500 is negative $31 usd.

Appreciate the analysis brah.

If the SNP breaks 4400, it may go to 4401. On the downside, if it breaks 4400, it may go to 4399. If the Nasdaq breaks 15800, it may go to 15801.

i just want to know if you're buying calls or puts on monday.

tldr it will either go up or down lol, I always laugh at these analysts, 1 out of 10 times they get lucky to get it right and then they think they are king callers lmao

''yo guys I told you I knew it !'' just lmao

I like it when MSM always try to explain the prior day's quarter-percent move lmao.

I have charts and chit but don't feel like posting the imgur links. I am simply pointing out resistance and support levels, the major indices are all bumping up against hardcore resistance levels so something's gotta break soon.
As far as I could tell, I'm the only one in these threads who called for a vertical move up in the markets years before 2020. And the only one who was saying to take a mortgage out to buy the crash of March 2020 and we'd be seeing new ATHs later in the year.

Didn't you also say that we'd see like 16K on the Dow before DA SLINGSHOT to 40K and lose over 100 bands in real money over your super bearish prediction

nah, trump had to be reelected for that to work.

Yeah, based on the economic news I was certain we'd see a break of the 18k low after bouncing to 21k but that clearly never transpired. I fuked up on that, yeah. But at least my SEP-IRA is up 120% since March 2020 (I converted a good chunk of my account to cash in Jan 2020 and bought the crash).

You also made 0 money on that call of the vertical move up and instead lost all of your money being bearish for a year++ trying to short it as it was going up, **** outta here acting like you got anything right.

We have the receipts you clown.

Also, can somebody tell me where NFLX is at again? Is it crashing yet? Another genius call by Wrongstradamus.




or this one

LOL

Cut him some slack. Dude nailed Apple to $120.

















Just forgot to specify post split

this post is fake news n photoshopped LOL, still kinda funny ngl

bears are almost always wrong.

Fact.

Peter Schiff has been waiting for a 'double dip' recession since literally 2009. Jfl.