Forum
»
**OFFICIAL** Trading and Investing Thread: Part XVI -- BAG HOLDING EDITION
07-29-2024, 07:45 PM
-
#6331
- TugOfPeace
- 1012 ng/dl
-
- TugOfPeace
- 1012 ng/dl
- Join Date: Oct 2013
- Posts: 4,986
- Rep Power: 166022
-
-
UPST earnings next Tuesday. Heavy art mine bags..
Got a question. Why is fed cutting rates? Won't that risk reigniting inflation?
Got a question. Why is fed cutting rates? Won't that risk reigniting inflation?
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
07-29-2024, 10:09 PM
-
#6332
- RobParks2M
- mad hatter
-
- RobParks2M
- mad hatter
- Join Date: Nov 2016
- Posts: 17,300
- Rep Power: 92038
-
-
Originally Posted By TugOfPeace⏩
cuz they need inflation.UPST earnings next Tuesday. Heavy art mine bags..
Got a question. Why is fed cutting rates? Won't that risk reigniting inflation?
Got a question. Why is fed cutting rates? Won't that risk reigniting inflation?
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
07-29-2024, 10:11 PM
-
#6333
Originally Posted By TugOfPeace⏩
When they cut they will be doing it for a number of reasons but the main one would be a slowing economy as evidenced by the earnings reports we have seen so far this quarter.UPST earnings next Tuesday. Heavy art mine bags..
Got a question. Why is fed cutting rates? Won't that risk reigniting inflation?
Got a question. Why is fed cutting rates? Won't that risk reigniting inflation?
The fed is and has been, in part, a political entity for a long time, they said inflation was transitory instead of raising rates in 2021 and that is why we are where we are today.
If the fed began raising earlier then inflation would never have rose to 10%, they did this in a political effort to help Biden, the Fed allowed him to run wild so here we are.
I: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
07-29-2024, 10:17 PM
-
#6334
Originally Posted By RobParks2M⏩
We don't "need inflation" though, DJT was able to boost the economy while maintaining an average inflation rate of ~1.8%, it is possible to boost the populace and the country as a whole without increasing prices domestically above 2% annually.cuz they need inflation.
We need inflation when China is eating America's lunch, America should have an economy of 50 trillion by now but Americans in power are giving that wealth to China.
America is falling but most people can't even see it so they certainly won't recognize that it is by design.
$50,000,000,000,000
Right now.
I: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
07-29-2024, 10:24 PM
-
#6335
Stocks Are FalteringJuly 29, 2024
Business Insider is reporting that Domino’s carryout business has increased significantly.“Our carryout business is on fire,”CEO Russell Weiner told the outlet.“This is something we didn’t even contemplate years ago.”
The difference, Weiner said, has to do with the type of customers who want delivery versus pickup. According to him,clients who order food for delivery are prepared to pay the additional costs and tip their driverbecause they value convenience. In addition to running its own delivery business, Domino’s Pizza provides delivery via Uber. Roughly 3% of the pizza chain’s sales come from the third-party provider.
However, Weiner added that many U.S. consumers view delivery as an “expensive convenience” and that other more cost-conscious customers understand that they can get “more than another pizza” for the money they spend on delivery costs and tips.
https://retailwire.com/dominos-pizza-pickup-delivery/
By years ago he means 2017-2021.
Business Insider is reporting that Domino’s carryout business has increased significantly.“Our carryout business is on fire,”CEO Russell Weiner told the outlet.“This is something we didn’t even contemplate years ago.”
The difference, Weiner said, has to do with the type of customers who want delivery versus pickup. According to him,clients who order food for delivery are prepared to pay the additional costs and tip their driverbecause they value convenience. In addition to running its own delivery business, Domino’s Pizza provides delivery via Uber. Roughly 3% of the pizza chain’s sales come from the third-party provider.
However, Weiner added that many U.S. consumers view delivery as an “expensive convenience” and that other more cost-conscious customers understand that they can get “more than another pizza” for the money they spend on delivery costs and tips.
https://retailwire.com/dominos-pizza-pickup-delivery/
By years ago he means 2017-2021.
I: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
07-30-2024, 08:07 AM
-
#6336
- stockbruh
- Registered User
-
- stockbruh
- Registered User
- Join Date: May 2021
- Age: 56
- Posts: 594
- Rep Power: 447
-
-
Originally Posted By Abzu⏩
Is it be design or is it just a failing government that has gotten too big and spends too much?We don't "need inflation" though, DJT was able to boost the economy while maintaining an average inflation rate of ~1.8%, it is possible to boost the populace and the country as a whole without increasing prices domestically above 2% annually.
We need inflation when China is eating America's lunch, America should have an economy of 50 trillion by now but Americans in power are giving that wealth to China.
America is falling but most people can't even see it so they certainly won't recognize that it is by design.
$50,000,000,000,000
Right now.
We need inflation when China is eating America's lunch, America should have an economy of 50 trillion by now but Americans in power are giving that wealth to China.
America is falling but most people can't even see it so they certainly won't recognize that it is by design.
$50,000,000,000,000
Right now.
07-30-2024, 08:48 AM
-
#6337
- mulletwarrior
- Registered User
-
- mulletwarrior
- Registered User
- Join Date: Nov 2013
- Age: 41
- Posts: 13,586
- Rep Power: 99233
-
-
Originally Posted By TugOfPeace⏩
Well if they are able to lower rates by October, pure coincidence, the economy will have euphoria like a crack addict who has been clean getting his first hit of crack in years. Suddenly, by end of Oct, "Biden presided over the best economy of all time"UPST earnings next Tuesday. Heavy art mine bags..
Got a question. Why is fed cutting rates? Won't that risk reigniting inflation?
Got a question. Why is fed cutting rates? Won't that risk reigniting inflation?
mo e
07-30-2024, 08:52 AM
-
#6338
Man NVDA is getting wrecked god damn will somebody call the cops lol people are dying out here
I mentioned investing in Chinese stocks way earlier itt so I do put my investments where my mouth is lol.
I don't like that China is going to overtake America but that is not something I can change, what I can do is choose how I invest and attempt to avoid the chaos lol.
Originally Posted By stockbruh⏩
It is by design, I could go into detail but that is not relevant to trading or investing lol.Is it be design or is it just a failing government that has gotten too big and spends too much?
I mentioned investing in Chinese stocks way earlier itt so I do put my investments where my mouth is lol.
I don't like that China is going to overtake America but that is not something I can change, what I can do is choose how I invest and attempt to avoid the chaos lol.
I: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
07-30-2024, 09:33 AM
-
#6339
- stockbruh
- Registered User
-
- stockbruh
- Registered User
- Join Date: May 2021
- Age: 56
- Posts: 594
- Rep Power: 447
-
-
Originally Posted By Abzu⏩
Thought the Chinese economy was in shambles rn? What Chinese stocks are you investing in?Man NVDA is getting wrecked god damn will somebody call the cops lol people are dying out here
It is by design, I could go into detail but that is not relevant to trading or investing lol.
I mentioned investing in Chinese stocks way earlier itt so I do put my investments where my mouth is lol.
I don't like that China is going to overtake America but that is not something I can change, what I can do is choose how I invest and attempt to avoid the chaos lol.
It is by design, I could go into detail but that is not relevant to trading or investing lol.
I mentioned investing in Chinese stocks way earlier itt so I do put my investments where my mouth is lol.
I don't like that China is going to overtake America but that is not something I can change, what I can do is choose how I invest and attempt to avoid the chaos lol.
Random but does anyone remember that PayPal bruh that said he was gonna put 6 figures in and buy a lambo? Haven’t seen him in a while
07-30-2024, 09:54 AM
-
#6340
- Destor
- Registered User
-
- Destor
- Registered User
- Join Date: Apr 2012
- Location: Alberta, Canada
- Age: 41
- Posts: 43,481
- Rep Power: 254906
-
-
Originally Posted By stockbruh⏩
If you mean Sebackers, PayPal has been flat / down since he posted that — but I highly doubt he has been sitting in that stock this whole time.Thought the Chinese economy was in shambles rn? What Chinese stocks are you investing in?
Random but does anyone remember that PayPal bruh that said he was gonna put 6 figures in and buy a lambo? Haven’t seen him in a while
Random but does anyone remember that PayPal bruh that said he was gonna put 6 figures in and buy a lambo? Haven’t seen him in a while
07-30-2024, 10:24 AM
-
#6341
- RobParks2M
- mad hatter
-
- RobParks2M
- mad hatter
- Join Date: Nov 2016
- Posts: 17,300
- Rep Power: 92038
-
-
Originally Posted By Destor⏩
Yeah wasn’t he the fella that always managed to time an exit 10/10 perfect before the position turned on him?If you mean Sebackers, PayPal has been flat / down since he posted that — but I highly doubt he has been sitting in that stock this whole time.
Sofi dropping on a beat lmao. They pretty much always beat estimates, but the reaction is always 50/50. Although the guide for 10 cents EPS for the year is pretty weak. If they pick up their home originations and other odds/ends they’ll be good long term. Still bullish looking out over the next year or so.
Next up waiting to see what PAYO has going. Ideally they have locked in their interest income over a longer duration now that rate cuts are coming in the near future. Hopefully their services can show a profit too so they aren’t strictly making gains on interest.
Egy waiting to see what their drilling campaign has yielded in addition to income from their asset purchase. Their purchase will be offline for a year starting November so unsure if they will rise any further and I’m hoping they announce a bigger dividend going forward with additional buy backs. My position is still fully covered with CCs at $6 so break even is $6.75 in October. A dividend payout mixed with uncertainty will hopefully keep shares in the $6-7 range and I’ll either roll further out at $6 or roll up to $7.
Otherwise slow day despite the earnings.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
07-30-2024, 10:48 AM
-
#6342
Originally Posted By stockbruh⏩
It is but that is because they are trying to hurt America, they are waiting for the fed to cut rates so that they can eat America's lunch again but after Americans get paid lol.Thought the Chinese economy was in shambles rn? What Chinese stocks are you investing in?
They are trying to appear weak when they are strong and America is trying to appear strong when we are weak lol.
China and Biden/Dems have been working together against Trump and America at least since 2020 lol.
Originally Posted By Abzu⏩
Buying Chinese stocks is a risky trade just as buying puts on the S&P is a risky trade but given the absolute dog sht this forum sometimes promotes, I thought you guys might be interested lol, that was not meant to be offensive.
JD for example is currently at $23 but hit $20 last week, $20 is a unique price JD has hit only 3 other times(2014,2016,2018) and has made significant gains off that low(80%, 150%, 400%).
JD hit the 9(TD) on the monthly on the previous move from $20 and the 8 on the time before that. It is currently past the 9. It is is in a bullish falling wedge pattern and the RSI on the monthly is currently 35.
Every time JD has hit 35 RSI on the monthly it has marked a bottom(2018 400%, 2022 90%) and the lowest it has been is 35.26.
I'm not saying buy Chinese stocks and hold long term or buy puts on the S&P and hold long term but I'm saying there appears to be opportunity there.
That is not my whole thesis and I'm not even saying I'm right or that it's the right move, just that it is worth thinking about.
JD for example is currently at $23 but hit $20 last week, $20 is a unique price JD has hit only 3 other times(2014,2016,2018) and has made significant gains off that low(80%, 150%, 400%).
JD hit the 9(TD) on the monthly on the previous move from $20 and the 8 on the time before that. It is currently past the 9. It is is in a bullish falling wedge pattern and the RSI on the monthly is currently 35.
Every time JD has hit 35 RSI on the monthly it has marked a bottom(2018 400%, 2022 90%) and the lowest it has been is 35.26.
I'm not saying buy Chinese stocks and hold long term or buy puts on the S&P and hold long term but I'm saying there appears to be opportunity there.
That is not my whole thesis and I'm not even saying I'm right or that it's the right move, just that it is worth thinking about.
I: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
07-30-2024, 10:51 AM
-
#6343
- stockbruh
- Registered User
-
- stockbruh
- Registered User
- Join Date: May 2021
- Age: 56
- Posts: 594
- Rep Power: 447
-
-
Originally Posted By RobParks2M⏩
Yea nvm on those sofi calls the stock is a POS, prob gonna buy the crowdstrike dip insteadYeah wasn’t he the fella that always managed to time an exit 10/10 perfect before the position turned on him?
Sofi dropping on a beat lmao. They pretty much always beat estimates, but the reaction is always 50/50. Although the guide for 10 cents EPS for the year is pretty weak. If they pick up their home originations and other odds/ends they’ll be good long term. Still bullish looking out over the next year or so.
Next up waiting to see what PAYO has going. Ideally they have locked in their interest income over a longer duration now that rate cuts are coming in the near future. Hopefully their services can show a profit too so they aren’t strictly making gains on interest.
Egy waiting to see what their drilling campaign has yielded in addition to income from their asset purchase. Their purchase will be offline for a year starting November so unsure if they will rise any further and I’m hoping they announce a bigger dividend going forward with additional buy backs. My position is still fully covered with CCs at $6 so break even is $6.75 in October. A dividend payout mixed with uncertainty will hopefully keep shares in the $6-7 range and I’ll either roll further out at $6 or roll up to $7.
Otherwise slow day despite the earnings.
Sofi dropping on a beat lmao. They pretty much always beat estimates, but the reaction is always 50/50. Although the guide for 10 cents EPS for the year is pretty weak. If they pick up their home originations and other odds/ends they’ll be good long term. Still bullish looking out over the next year or so.
Next up waiting to see what PAYO has going. Ideally they have locked in their interest income over a longer duration now that rate cuts are coming in the near future. Hopefully their services can show a profit too so they aren’t strictly making gains on interest.
Egy waiting to see what their drilling campaign has yielded in addition to income from their asset purchase. Their purchase will be offline for a year starting November so unsure if they will rise any further and I’m hoping they announce a bigger dividend going forward with additional buy backs. My position is still fully covered with CCs at $6 so break even is $6.75 in October. A dividend payout mixed with uncertainty will hopefully keep shares in the $6-7 range and I’ll either roll further out at $6 or roll up to $7.
Otherwise slow day despite the earnings.
07-30-2024, 10:54 AM
-
#6344
Originally Posted By stockbruh⏩
I'm still waiting for ~$5 on SOFI.Yea nvm on those sofi calls the stock is a POS, prob gonna buy the crowdstrike dip instead
I: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
07-30-2024, 11:06 AM
-
#6345
- BuckNakedinBama
- hell yeah brother
-
- BuckNakedinBama
- hell yeah brother
- Join Date: Aug 2011
- Posts: 19,855
- Rep Power: 142836
-
-
Where does everyone have Nasdaq bottoming before resuming a bull run? I have 14800 as my re-entry point.
-
07-30-2024, 11:18 AM
-
#6346
- stockbruh
- Registered User
-
- stockbruh
- Registered User
- Join Date: May 2021
- Age: 56
- Posts: 594
- Rep Power: 447
-
-
Originally Posted By Abzu⏩
Man make a thread cuz you seem too smart of a guy to actually believe that only one side of the government is bad, and didn’t trump spend more than any other president and put us more in debt? I could be wrong on that oneIt is but that is because they are trying to hurt America, they are waiting for the fed to cut rates so that they can eat America's lunch again but after Americans get paid lol.
They are trying to appear weak when they are strong and America is trying to appear strong when we are weak lol.
China and Biden/Dems have been working together against Trump and America at least since 2020 lol.
They are trying to appear weak when they are strong and America is trying to appear strong when we are weak lol.
China and Biden/Dems have been working together against Trump and America at least since 2020 lol.
07-30-2024, 11:57 AM
-
#6347
Originally Posted By stockbruh⏩
Well, you are half right lol I don't think only half the government is bad, I think you can count the good ones on your fingers and toes but even that may be an overestimation, the vast majority of people are not going to risk not only themselves but also their families for dumbass Americans who wouldn't even know it or appreciate it lol.Man make a thread cuz you seem too smart of a guy to actually believe that only one side of the government is bad, and didn’t trump spend more than any other president and put us more in debt? I could be wrong on that one
You are probably right about Trump but to me that shows you how strong the opposition was, he didn't build a wall or deport that many people either but I think he wanted to and could have with cooperation.
Many republicans actively worked against him and even voted for his opposition, many others retired to narrow R majorities in defiance of the People and some even put him under investigation lol.
I: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
07-30-2024, 02:07 PM
-
#6348
07-30-2024, 02:08 PM
-
#6349
07-30-2024, 02:28 PM
-
#6350
07-30-2024, 02:48 PM
-
#6351
- RobParks2M
- mad hatter
-
- RobParks2M
- mad hatter
- Join Date: Nov 2016
- Posts: 17,300
- Rep Power: 92038
-
-
Originally Posted By stockbruh⏩
Is that a monthly dividend?Where my BITO bros at? How big of a dividend are we getting,I’m thinking between 1.60-2.00 this time
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
07-30-2024, 02:51 PM
-
#6352
- dankydank
- Registered User
-
- dankydank
- Registered User
- Join Date: Sep 2009
- Age: 35
- Posts: 8,223
- Rep Power: 15192
-
-
Bought NVDA calls a minute before close, AMD saved it on chit earnings. With MSFT tanking though and taking all the other big tech down with it I have no idea how this will play out. It could easily be a mass sell off all day at open tomorrow and META probably fails spectacularly on earnings.
07-30-2024, 03:18 PM
-
#6353
- stockbruh
- Registered User
-
- stockbruh
- Registered User
- Join Date: May 2021
- Age: 56
- Posts: 594
- Rep Power: 447
-
-
Originally Posted By RobParks2M⏩
Yes sir, so far they’ve paid out about 7$ total this year, and they did about 4$ last year. I got in at 29$ though and the stock is down to 23$ rn but the Bitcoin bull run will start again in October according to Tom Lee. The covered call premiums are also pretty decentIs that a monthly dividend?
07-30-2024, 03:37 PM
-
#6354
Originally Posted By TugOfPeace⏩
The fed increased rates to increase unemployment. The last few months unemployment rate has been increasing. Showing signs the economy is cooling.UPST earnings next Tuesday. Heavy art mine bags..
Got a question. Why is fed cutting rates? Won't that risk reigniting inflation?
Got a question. Why is fed cutting rates? Won't that risk reigniting inflation?
★★★ A State of Trance Crew ★★★
♞♞♞ Misc Horse Head Crew ♞♞♞
07-30-2024, 03:52 PM
-
#6355
- RobParks2M
- mad hatter
-
- RobParks2M
- mad hatter
- Join Date: Nov 2016
- Posts: 17,300
- Rep Power: 92038
-
-
Originally Posted By _zman⏩
Funny story. I walked in to visit one of my teams a week ago and 2 of them were discussing how one just filed for bankruptcy and the other wanted to know how to do it as well. Never heard people talking about it before. Keep in mind these are people with a full time jobs… sounded like credit cards got em both but wasn’t a conversation I wanted to joinThe fed increased rates to increase unemployment. The last few months unemployment rate has been increasing. Showing signs the economy is cooling.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
07-30-2024, 04:52 PM
-
#6356
Originally Posted By RobParks2M⏩
Damn, yeah likely. I've been reading and seeing a lot of videos about people with a lot of personal debt; record levels. Likely going to get real bad if we have another '08-09 scenario or recession. Then time for us to buy.Funny story. I walked in to visit one of my teams a week ago and 2 of them were discussing how one just filed for bankruptcy and the other wanted to know how to do it as well. Never heard people talking about it before. Keep in mind these are people with a full time jobs… sounded like credit cards got em both but wasn’t a conversation I wanted to join
★★★ A State of Trance Crew ★★★
♞♞♞ Misc Horse Head Crew ♞♞♞
07-30-2024, 07:03 PM
-
#6357
Originally Posted By BuckNakedinBama⏩
my goodness, not only are you trying to time the market, but you even know the number at which you are going to see the technical reversal?Where does everyone have Nasdaq bottoming before resuming a bull run? I have 14800 as my re-entry point.
If NASDAQ stops at around 14,800, you buy, and only after that you see a golden cross on Mac-d on the one hour or a daily chart, or something like that, you need to go and buy a lottery ticket, fuk the market.
07-30-2024, 09:50 PM
-
#6358
- TugOfPeace
- 1012 ng/dl
-
- TugOfPeace
- 1012 ng/dl
- Join Date: Oct 2013
- Posts: 4,986
- Rep Power: 166022
-
-
Originally Posted By _zman⏩
I'm just surprised they are cutting rates now given how expensive housing, rent, food, etc is. It's like they want things to get more expensive.The fed increased rates to increase unemployment. The last few months unemployment rate has been increasing. Showing signs the economy is cooling.
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
07-30-2024, 11:35 PM
-
#6359
- RobParks2M
- mad hatter
-
- RobParks2M
- mad hatter
- Join Date: Nov 2016
- Posts: 17,300
- Rep Power: 92038
-
-
Originally Posted By TugOfPeace⏩
Housing would collapse if they don’t cut. Housing equity is too important and if they don’t cut to allow people to refi to save $$$ and prevent total deterioration of housing value we could see housing market drop 50%. Instead they’ll cut rates and keep the drop to a modest 10-20% from peak in majority of markets. I think y’all can guess why it’s important to keep the decrease at 20% or lessI'm just surprised they are cutting rates now given how expensive housing, rent, food, etc is. It's like they want things to get more expensive.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
07-31-2024, 12:07 AM
-
#6360
- TugOfPeace
- 1012 ng/dl
-
- TugOfPeace
- 1012 ng/dl
- Join Date: Oct 2013
- Posts: 4,986
- Rep Power: 166022
-
-
Originally Posted By RobParks2M⏩
why would it collapse? demand seems to be as strong as everHousing would collapse if they don’t cut. Housing equity is too important and if they don’t cut to allow people to refi to save $$$ and prevent total deterioration of housing value we could see housing market drop 50%. Instead they’ll cut rates and keep the drop to a modest 10-20% from peak in majority of markets. I think y’all can guess why it’s important to keep the decrease at 20% or less
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
Bookmarks
-
- Digg
-
- del.icio.us
-
- StumbleUpon
-
-
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts