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**OFFICIAL** Trading and Investing Thread: Part XVI -- BAG HOLDING EDITION
12-04-2023, 08:45 AM
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#4471
- dopamine72
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- dopamine72
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Which high interest savings account you guys using?
Is it FDIC?
Is it FDIC?
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
12-04-2023, 10:18 AM
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#4472
- SipNPiz
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- SipNPiz
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Originally Posted By dopamine72⏩
Ally 4.25% and robinhood 5% both are FDICWhich high interest savings account you guys using?
Is it FDIC?
Is it FDIC?
STEM Wagie Brah
Oil/commodity based trader
12-04-2023, 10:48 AM
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#4473
- RobParks2M
- mad hatter
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Originally Posted By SipNPiz⏩
Sofi 4.6%Ally 4.25% and robinhood 5% both are FDIC
Fitness connoisseur
0.4 mg of party's over wake the FK up!
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12-04-2023, 12:37 PM
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#4474
- dopamine72
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Will AMZN ever break 150? Its been a complete turd
Originally Posted By SipNPiz⏩
Ally 4.25% and robinhood 5% both are FDIC
Originally Posted By RobParks2M⏩
Repped so fkin hard m8'sSofi 4.6%
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
12-04-2023, 07:52 PM
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#4475
- 2020Wellness
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- 2020Wellness
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Originally Posted By dopamine72⏩
Wealthfront is higher, above 5%. Also, VMFXX has been pushing 5.3 for months now.Will AMZN ever break 150? Its been a complete turd
Repped so fkin hard m8's
Repped so fkin hard m8's
trainingwithryan.substack.com
12-04-2023, 07:52 PM
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#4476
Originally Posted By dopamine72⏩
Capital One 4.3% and there's a sign on bonus.https://milestomemories.com/capital-...vings-account/Which high interest savings account you guys using?
Is it FDIC?
Is it FDIC?
I've been real happy with the Venture X too, and that has a bonus as well, along with a ton of other perks. So I decided to try their savings account. I got both bonuses. Their customer service is top notch.
Wealthfront is doing 5%, but I don't think the .07% is worth the switch. LOL at wizard above^
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12-04-2023, 08:47 PM
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#4477
- SipNPiz
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- SipNPiz
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Originally Posted By TugOfPeace⏩
It’s super easy to use they got in trouble I think for how easy it is to trade making it like a mobile game lol. Charts aren’t that good just on the simple sideDo you use robinhood for trading?
I've been trying Etrade and I dislike how many steps there are to make a trade. With ameritrade it was so simple, probably like 3 clicks to place a trade. Everywhere else it's like 6 clicks.
I've been trying Etrade and I dislike how many steps there are to make a trade. With ameritrade it was so simple, probably like 3 clicks to place a trade. Everywhere else it's like 6 clicks.
STEM Wagie Brah
Oil/commodity based trader
12-04-2023, 08:56 PM
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#4478
- RobParks2M
- mad hatter
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Originally Posted By 2020Wellness⏩
^that. Basically the same as TLTWealthfront is higher, above 5%. Also, VMFXX has been pushing 5.3 for months now.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
12-04-2023, 09:22 PM
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#4479
- SaviorSelfJT
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Originally Posted By TugOfPeace⏩
Aweir me on margin rates. Is 6.8 good?Also holy moly.. margin rates at Moomoo are 6.8%!! IBKR supposedly 7.8%!
With Schwab they are 12-13.5%!
TDA it was 13-15%!
I might switch to IBKR if they're simple to use.
With Schwab they are 12-13.5%!
TDA it was 13-15%!
I might switch to IBKR if they're simple to use.
Best lifts:
Bench press: 315x5
Squat: 465x1
Strict press: 205x5
Deadlift: 405x13 (conv tap'n'go with straps)
12-06-2023, 09:30 AM
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#4480
12-06-2023, 10:02 AM
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#4481
- Carbonfibre
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- Carbonfibre
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^^^^^^^^^^^
There is one more pump left in this market imo. The so called santa rally.
I am still long ES.
Possibly to ath on SP before Dec 29th.
Than it will be get phucked moment come Jan 20ish and onward.
This market is now running on rate cuts as soon January FOMC. Hopium is running hard.
When you got posters coming in here talking about UPST / AFRM / HOOD shiit that doesn't make money you know....top is near.
Also oil is phucked clearly demand problem.
Opec+ desperate production cuts hoping to get it back to $80 is not something that is sustainable.
There is one more pump left in this market imo. The so called santa rally.
I am still long ES.
Possibly to ath on SP before Dec 29th.
Than it will be get phucked moment come Jan 20ish and onward.
This market is now running on rate cuts as soon January FOMC. Hopium is running hard.
When you got posters coming in here talking about UPST / AFRM / HOOD shiit that doesn't make money you know....top is near.
Also oil is phucked clearly demand problem.
Opec+ desperate production cuts hoping to get it back to $80 is not something that is sustainable.
12-06-2023, 10:39 AM
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#4482
- RobParks2M
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- RobParks2M
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Originally Posted By Carbonfibre⏩
Weird market. Treasury yields plummeted the last couple weeks too. I realize hikes out the window, but market seems to have priced in cuts coming next meeting or something. I covered my shares and bought some $93p to see if I can catch the bounce tryna call the trough today.^^^^^^^^^^^
There is one more pump left in this market imo. The so called santa rally.
I am still long ES.
Possibly to ath on SP before Dec 29th.
Than it will be get phucked moment come Jan 20ish and onward.
This market is now running on rate cuts as soon January FOMC. Hopium is running hard.
When you got posters coming in here talking about UPST / AFRM / HOOD shiit that doesn't make money you know....top is near.
Also oil is phucked clearly demand problem.
Opec+ desperate production cuts hoping to get it back to $80 is not something that is sustainable.
There is one more pump left in this market imo. The so called santa rally.
I am still long ES.
Possibly to ath on SP before Dec 29th.
Than it will be get phucked moment come Jan 20ish and onward.
This market is now running on rate cuts as soon January FOMC. Hopium is running hard.
When you got posters coming in here talking about UPST / AFRM / HOOD shiit that doesn't make money you know....top is near.
Also oil is phucked clearly demand problem.
Opec+ desperate production cuts hoping to get it back to $80 is not something that is sustainable.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
12-06-2023, 11:27 AM
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#4483
- SipNPiz
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- SipNPiz
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Originally Posted By Carbonfibre⏩
This, China is collapsing meaning huge demand drop in crude, since aramco production cuts didnt work they might resume pumping 2.4m more a day which will further drop prices, then I’m loading up on COP again^^^^^^^^^^^
There is one more pump left in this market imo. The so called santa rally.
I am still long ES.
Possibly to ath on SP before Dec 29th.
Than it will be get phucked moment come Jan 20ish and onward.
This market is now running on rate cuts as soon January FOMC. Hopium is running hard.
When you got posters coming in here talking about UPST / AFRM / HOOD shiit that doesn't make money you know....top is near.
Also oil is phucked clearly demand problem.
Opec+ desperate production cuts hoping to get it back to $80 is not something that is sustainable.
There is one more pump left in this market imo. The so called santa rally.
I am still long ES.
Possibly to ath on SP before Dec 29th.
Than it will be get phucked moment come Jan 20ish and onward.
This market is now running on rate cuts as soon January FOMC. Hopium is running hard.
When you got posters coming in here talking about UPST / AFRM / HOOD shiit that doesn't make money you know....top is near.
Also oil is phucked clearly demand problem.
Opec+ desperate production cuts hoping to get it back to $80 is not something that is sustainable.
STEM Wagie Brah
Oil/commodity based trader
12-06-2023, 11:38 AM
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#4484
- Carbonfibre
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- Carbonfibre
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Originally Posted By RobParks2M⏩
Dramatic bond dip buying you're seeing in TLT is due to front running in hopes that Fed rate cuts are just around the corner.Weird market. Treasury yields plummeted the last couple weeks too. I realize hikes out the window, but market seems to have priced in cuts coming next meeting or something. I covered my shares and bought some $93p to see if I can catch the bounce tryna call the trough today.
There is already 125-150 bps of fed cuts being front run by end of 2024. Bringing the Fed fund rate to 3.75%....
Rate cuts are coming but that kind of steepness will just cause reversal on inflation.
Next week inflation report will likely be negative mom and that will cause market pumping.
10 year yield should drop under 4% on that.......However around January this will turn into trap imo.
Crypto / housing / shiit stocks / credit easing etc are all things that are already smelling that rate cut and hence those moves.
This is my swing position thinking.
No touch short here till end of year.
Sometime around mid January before FOMC shiit should get difficult again and market might have 10-15% slam down down to 4100-4200 by February.
12-06-2023, 11:59 AM
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#4485
- Destor
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- Destor
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Oil demand has never been higher despite the economic challenges in China and elsewhere, supply is what’s keeping prices reasonable
The US has never produced more oil, Canada has never produced more oil, lots of geopolitical stuff has been done to get oil to market from places like Venezuela and Iran
OPEC probably can’t do the old flood-the-market strategy with Russia still trying to invade Ukraine along with impacts to other members, aside from also giving the US the opportunity to refill the SPR for cheap
The US has never produced more oil, Canada has never produced more oil, lots of geopolitical stuff has been done to get oil to market from places like Venezuela and Iran
OPEC probably can’t do the old flood-the-market strategy with Russia still trying to invade Ukraine along with impacts to other members, aside from also giving the US the opportunity to refill the SPR for cheap
12-06-2023, 12:24 PM
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#4486
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By Carbonfibre⏩
This feels right. But I think timeframe might be further out like Feb or early March.Dramatic bond dip buying you're seeing in TLT is due to front running in hopes that Fed rate cuts are just around the corner.
There is already 125-150 bps of fed cuts being front run by end of 2024. Bringing the Fed fund rate to 3.75%....
Rate cuts are coming but that kind of steepness will just cause reversal on inflation.
Next week inflation report will likely be negative mom and that will cause market pumping.
10 year yield should drop under 4% on that.......However around January this will turn into trap imo.
Crypto / housing / shiit stocks / credit easing etc are all things that are already smelling that rate cut and hence those moves.
This is my swing position thinking.
No touch short here till end of year.
Sometime around mid January before FOMC shiit should get difficult again and market might have 10-15% slam down down to 4100-4200 by February.
There is already 125-150 bps of fed cuts being front run by end of 2024. Bringing the Fed fund rate to 3.75%....
Rate cuts are coming but that kind of steepness will just cause reversal on inflation.
Next week inflation report will likely be negative mom and that will cause market pumping.
10 year yield should drop under 4% on that.......However around January this will turn into trap imo.
Crypto / housing / shiit stocks / credit easing etc are all things that are already smelling that rate cut and hence those moves.
This is my swing position thinking.
No touch short here till end of year.
Sometime around mid January before FOMC shiit should get difficult again and market might have 10-15% slam down down to 4100-4200 by February.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
12-06-2023, 12:47 PM
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#4487
- Destor
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- Destor
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The market currently has 60% odds of a 25 bps or more rate cut in March lol
This has been priced in while the market has seen I think the strongest easing of real monetary conditions in history with the declining long end of the curve. The market only very reluctantly and briefly accepted rates staying higher for longer, and at the first opportunity quickly reverted back to optimism.
I think most reasonable people would expect Canada to cut rates first, and we paused a month earlier, so I guess that means we can expect the first cut within the next two months. Life is good boyos!
This has been priced in while the market has seen I think the strongest easing of real monetary conditions in history with the declining long end of the curve. The market only very reluctantly and briefly accepted rates staying higher for longer, and at the first opportunity quickly reverted back to optimism.
I think most reasonable people would expect Canada to cut rates first, and we paused a month earlier, so I guess that means we can expect the first cut within the next two months. Life is good boyos!
12-06-2023, 10:18 PM
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#4488
- MinisterOfLust
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Is Palantir going back to 10 again? I was excited in the prospect of selling around 30.
12-07-2023, 08:46 AM
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#4489
- Carbonfibre
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- Carbonfibre
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Pltr is fine as long it stays above $15.
Lot of things will move starting tmmrw till 22 December. (Tons of important data is coming over next week. )
If incoming data is good, expect wide market pumping.
I am in camp still that they want to pump this just bit more to end year on high note.
Nobody wants to be fired for being shiit fund manager, they want that bonus.
Lot of things will move starting tmmrw till 22 December. (Tons of important data is coming over next week. )
If incoming data is good, expect wide market pumping.
I am in camp still that they want to pump this just bit more to end year on high note.
Nobody wants to be fired for being shiit fund manager, they want that bonus.
12-07-2023, 02:03 PM
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#4490
anyone who is pro at charting want to explain negative divergence or rsi divergence to me with an example? saw someone call that short dump around 11 today on SPY about 20 minutes in advance but i cant see it on the chart even following along with youtube videos related
"I'm not like most girls." -most girls
12-08-2023, 09:52 AM
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#4491
12-09-2023, 08:59 AM
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#4492
- usersignup2
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- usersignup2
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Originally Posted By jafomofo⏩
I chart but am no pro.anyone who is pro at charting want to explain negative divergence or rsi divergence to me with an example? saw someone call that short dump around 11 today on SPY about 20 minutes in advance but i cant see it on the chart even following along with youtube videos related
divergence is when price action moves in one direction while RSI moves in the opposite direction. PIA to post images here...come to discord and I can post examples. As far as I see, there's no clear divergence in your example so most likely that trader used other info as well.
that aside I would never use divergence to front run a trade. divergence happens all time, on all time frames and can continue longer than you expect it. remember with T&A, you need to look at several factors and indicators and most importantly, almost all indicators are lagging, meaning it's showing you what happened in the past.
12-13-2023, 09:51 AM
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#4493
- 2020Wellness
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- 2020Wellness
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I won't be surprised if the S&P hits a new ATH this month. It's edging us right now.
trainingwithryan.substack.com
12-13-2023, 09:58 AM
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#4494
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By 2020Wellness⏩
Depends what comes from the fed. If they speak of cutting before H2 that probably happens.I won't be surprised if the S&P hits a new ATH this month. It's edging us right now.
I hope they do one more hike though just because I enjoy some chaos.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
12-13-2023, 10:29 AM
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#4495
12-13-2023, 11:36 AM
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#4496
- Destor
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- Destor
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People said the long end of the curve coming up was doing part of the Fed’s job so more policy rate increases weren’t necessary
Powell might say the long end of the curve has already done some of the easing so impending rate cuts aren’t necessary
November 2023 has been the greatest loosening of financial conditions in the history of US financial conditions
Powell might say the long end of the curve has already done some of the easing so impending rate cuts aren’t necessary
November 2023 has been the greatest loosening of financial conditions in the history of US financial conditions
12-13-2023, 01:05 PM
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#4497
- Carbonfibre
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- Carbonfibre
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greatest 2 month rally in history.
with QT and 5+% fund rate running.
all assets bubble here.
lets phucking go give me ath and sp 5000
with QT and 5+% fund rate running.
all assets bubble here.
lets phucking go give me ath and sp 5000
12-13-2023, 01:09 PM
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#4498
12-13-2023, 01:26 PM
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#4499
- Carbonfibre
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Originally Posted By meep316⏩
Don't worry this is blow off top phase here.God this is such ****ing bull****
Everyone is high five mode atm.
Job is done inflation is solved.
Financial conditions are coming down. QT ending etc.
This is where two weeks in January all this flips on its head.
This is where market is now.

12-13-2023, 01:59 PM
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#4500
- friesbruh
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Originally Posted By TugOfPeace⏩
some dude @ work was just talking about UPST, r u him? not srsSold my UPST calls feelsgoodman
started doing a simulation on trade-station abt 5mins ago, a certain stock i thought was trending a little too high so i went short on it, made "$600." still a chit ton to learn doing all this.
Bills crew / Bud Light crew / extra onion crew / M&P crew / lcp2 crew / ap3 crew / Trump crew / mcdonalds app crew / cat-owner crew / Tin Cup crew / self-checkout crew / country music crew / RIP snails crew / 214CE crew
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