Orange&Blue
Footballguy
I hate this new board format. Every time I click on a thread it takes me to the first post and then I have to scroll to the bottom of the first page to get the option to go to the last page. What is this.... 2009?
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Stock Thread (21 Viewers)
- Thread starter St. Louis Bob
- Start date
GreenNGold
Footballguy
That should only happen the first time you enter each thread, when I click on the thread title it takes me to my last unread post.
Orange&Blue
Footballguy
It just happened.
2Squirrels1Nut
Footballguy
Added 50 more at $33
Meanwhile my UCO options that expire today are worthless unless something cray cray happens. Cost me, $450. Have a few more $40 calls expiring next Friday
2Squirrels1Nut
Footballguy
They are Sears, JC Penny, Kmart, all over again. It's sad, I don't want to see any business go under,but yes the stock price is crazy.
2Squirrels1Nut
Footballguy
Whoa, what happened?!!! :(
Klimtology
Footballguy
Sand
Footballguy
Nord Stream 1 shut down due to oil leak.
drunken slob
Footballguy
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2Squirrels1Nut
Footballguy
Post removed :(I hope this video works, I laugh every time at the very beginning. Also, has a DMX song over the vid.
r/wallstreetbets - What are high energy prices doing to Europe? 😄
2,112 votes and 205 comments so far on Redditwww.reddit.com
GoBirds
Footballguy
I haven't been following BBBY but this was front page of yahoo, just awful to see.
www.yahoo.com
Bed Bath & Beyond CFO plunges to death at New York's Jenga tower
(Reuters) -Bed Bath & Beyond Inc's chief financial officer fell to his death from New York's Tribeca skyscraper known as the "Jenga" tower on Friday afternoon, police said on Sunday, days after the struggling retailer announced it was closing stores and laying off workers. Gustavo Arnal, 52...
www.yahoo.com
Ridgeback
Footballguy
Ugh. I'm sure people on WSB will be spinning this too.I haven't been following BBBY but this was front page of yahoo, just awful to see.
Bed Bath & Beyond CFO plunges to death at New York's Jenga tower
(Reuters) -Bed Bath & Beyond Inc's chief financial officer fell to his death from New York's Tribeca skyscraper known as the "Jenga" tower on Friday afternoon, police said on Sunday, days after the struggling retailer announced it was closing stores and laying off workers. Gustavo Arnal, 52...
2Squirrels1Nut
Footballguy
I haven't been following BBBY but this was front page of yahoo, just awful to see.
Bed Bath & Beyond CFO plunges to death at New York's Jenga tower
(Reuters) -Bed Bath & Beyond Inc's chief financial officer fell to his death from New York's Tribeca skyscraper known as the "Jenga" tower on Friday afternoon, police said on Sunday, days after the struggling retailer announced it was closing stores and laying off workers. Gustavo Arnal, 52...
Horrible :(
culdeus
Footballguy
Ugh. I'm sure people on WSB will be spinning this too.I haven't been following BBBY but this was front page of yahoo, just awful to see.
Bed Bath & Beyond CFO plunges to death at New York's Jenga tower
(Reuters) -Bed Bath & Beyond Inc's chief financial officer fell to his death from New York's Tribeca skyscraper known as the "Jenga" tower on Friday afternoon, police said on Sunday, days after the struggling retailer announced it was closing stores and laying off workers. Gustavo Arnal, 52...
I mean they were asked to not be jerks about it, seems to be working ok for the most part.
Between GME and BBBY both just faceplanting the last month it's tough sledding for the memers. And BTC broke hard away from the 20k trading range today.
Frog ate it.
drunken slob
Footballguy
The Big Short just weighed in:
Judge Smails
Footballguy
Dodds still all-in on Chewy guy?Ugh. I'm sure people on WSB will be spinning this too.I haven't been following BBBY but this was front page of yahoo, just awful to see.
Bed Bath & Beyond CFO plunges to death at New York's Jenga tower
(Reuters) -Bed Bath & Beyond Inc's chief financial officer fell to his death from New York's Tribeca skyscraper known as the "Jenga" tower on Friday afternoon, police said on Sunday, days after the struggling retailer announced it was closing stores and laying off workers. Gustavo Arnal, 52...
I mean they were asked to not be jerks about it, seems to be working ok for the most part.
Between GME and BBBY both just faceplanting the last month it's tough sledding for the memers. And BTC broke hard away from the 20k trading range today.
fruity pebbles
Footballguy
Oof. Almost back to down 30% again on the Nasdaq.
McBokonon
Footballguy
Probably. He’ll be back in here to let us know the latest Next Big Event on GME and/or BBY’s next big up day.Dodds still all-in on Chewy guy?Ugh. I'm sure people on WSB will be spinning this too.I haven't been following BBBY but this was front page of yahoo, just awful to see.
Bed Bath & Beyond CFO plunges to death at New York's Jenga tower
(Reuters) -Bed Bath & Beyond Inc's chief financial officer fell to his death from New York's Tribeca skyscraper known as the "Jenga" tower on Friday afternoon, police said on Sunday, days after the struggling retailer announced it was closing stores and laying off workers. Gustavo Arnal, 52...
I mean they were asked to not be jerks about it, seems to be working ok for the most part.
Between GME and BBBY both just faceplanting the last month it's tough sledding for the memers. And BTC broke hard away from the 20k trading range today.
It’s up after hours. Amazing that the only “real” good news is that they lost less money than expected. Still lost almost double a year ago but a few pennies better than expected. Revenue was lower than expected by around 10% (normally would be bad) and also lower than last year. Their inventory went from $596M to $735M and that’s what knocked the crap out of Target and Walmart. Difference is that I thin GameStop is fiddling with inventory to keep the losses less and say that they raised inventory for demand and to avoid shipping issues.Probably. He’ll be back in here to let us know the latest Next Big Event on GME and/or BBY’s next big up day.Dodds still all-in on Chewy guy?Ugh. I'm sure people on WSB will be spinning this too.I haven't been following BBBY but this was front page of yahoo, just awful to see.
Bed Bath & Beyond CFO plunges to death at New York's Jenga tower
(Reuters) -Bed Bath & Beyond Inc's chief financial officer fell to his death from New York's Tribeca skyscraper known as the "Jenga" tower on Friday afternoon, police said on Sunday, days after the struggling retailer announced it was closing stores and laying off workers. Gustavo Arnal, 52...
I mean they were asked to not be jerks about it, seems to be working ok for the most part.
Between GME and BBBY both just faceplanting the last month it's tough sledding for the memers. And BTC broke hard away from the 20k trading range today.
Oh, they also have a partnership with FTX. Reminds me of the partnership they had with Microsoft back during the squeeze. That Microsoft “partnership” was basically GameStop buying software and hardware for their stores. The only thing I can see from the partnership is that GameStop will be selling FTX gift cards. What does FTX need from GameStop aside from a sales channel? Nothing. Saw no mention of NFTs or same store sales.
Only annoyance is watching stocks doing well in this tough environment getting drug through the street and somehow this was a good result? Oh well, still don’t see a go forward strategy or improving results but people still want to buy more so have at it.
Capella
Footballguy
Ukraine will what now? I know they’ve had a great few weeks but Russia isn’t going to quit.
Yepper. Ugh, 0.2% changes the outcome by 5% just today. Oh well, was enjoying not losing too much.
beef
Footballguy
Just another day of overreactions. I guess everyone thought that just because gas & diesel prices are coming down that food and apparel would instantly drop with it? This August data really isn't all that far removed from the gas & diesel peaks of June-July. Almost half way through September and I haven't noticed any prices on the shelves coming down yet either. But I'm sure the markets will be shocked again next month...
Note to my future self on October 12th: "Dear beef, If markets are up and your short term plays doing decent, TRIM!!! before the September CPI data comes out. You don't need to wait for that data to tell you prices are still high. You're f'n living in it now and prices on the shelves have not come down!
Note to my future self on October 12th: "Dear beef, If markets are up and your short term plays doing decent, TRIM!!! before the September CPI data comes out. You don't need to wait for that data to tell you prices are still high. You're f'n living in it now and prices on the shelves have not come down!
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FreeBaGeL
Footballguy
I think it's definitely a concern that this is going to take a lot longer than anticipated and that rate increases are going to keep going for quite some time. Lots of +1% market days the last week or so anticipating that inflation was on its way back down with gas coming down.
Looking less likely for a soft landing imo. I doubt much of the current inflation that is sticking around is even oil or supply chain driven. It's just that companies have figured out they can get away with pricing stuff higher and people will just blame the economy or politics and pay it, rather than moving their business elsewhere. Kroger a great example. Profits skyrocketing. Groceries aren't continuing to go up because their costs are going up. Costs are going up because they can keep increasing margins and everyone will just shrug and say "inflation" or some political drivel and pay it.
I think it's gonna take that real fallout where people lose their jobs en masse for them to start caring enough to actually shop around instead of just shrugging it off as "that's a bummer, but it is what it is".
beef
Footballguy
Make that a 15% swing in my play account. Anyone top that?
beef
Footballguy
I hear you and agree. Way more going on than just supply chain stuff. As long as people are willing to spend the money and pay more, why drop prices?
beef
Footballguy
I guess I'm not smart enough to understand the soft vs. hard landing debate or why I should care or let it effect my investment strategy right now. As long as employment numbers remain strong how hard can it really be? And even in a soft landing, that doesn't mean it'll feel good or be painless. It's huge shift from growth to flat or declining no matter which way it is and it's going to suck (has sucked and will continue to suck). I'm at the same point I was last month and the month before and will continue to load up for the takeoff. Probably be at this point 6 months from now too because it's just going to take some time to unload and reload before we're clear for that takeoff.
It's pretty self explanatory. A soft landing just cools things off but there's still growth, no recession. A hard landing essentially means it led us into a recession (or stagflation), in which employment numbers will get worse.
So yes, going from booming to a soft landing sucks, but going from booming to a hard landing sucks more. The market seems to be deciding if a 10-15% haircut makes sense or if it should be ~twice that based on which scenario seems more likely.
2Squirrels1Nut
Footballguy
Took a small 100 share position in SDOW yesterday. Considered SQQQ. Both were down premarket and didn't add. Sold this morning for a $200 gain. 
I have taken a bath lately and didn't listen to my gut. I think we might have one more of these opportunities where the market rebounds into an inflation number, fed meeting, etc. I won't miss it.
I have taken a bath lately and didn't listen to my gut. I think we might have one more of these opportunities where the market rebounds into an inflation number, fed meeting, etc. I won't miss it.
2Squirrels1Nut
Footballguy
Happy about the bolded, though. My plan then and now is to redeploy after the November elections.
fruity pebbles
Footballguy
I’m not sure I’d call this an overreaction. Markets been up because everyone was assuming inflation peaked and it was headed back down. Bond market told a different story but that was seemingly ignored. Seems fitting that, since that isn’t the case, we give most of that back.
2Squirrels1Nut
Footballguy
The CPI was expected to be down 0.1% and it was up 0.1%. Seems like a bit of an overreaction to me.
fruity pebbles
Footballguy
I’d agree if it didn’t full blown rally into the number.
beef
Footballguy
These rallies are a bit premature. Even if CPI ended up down .1, Inflation is still far from being over. That was part of my gripe about the soft/hard landing debate. No matter what it is, the landing is going to be long one. If the Nasdaq is going to rise or drop over 5% every time we have a +/- .1 CPI, this volatile ride is only getting started then.
FreeBaGeL
Footballguy
FWIW I think we'd have had a bad day even if it was down 0.1% too. I think people were betting on a number that surprised on the low end. Instead not only did it not do that, it surprised on the high end.
beef
Footballguy
You're probably right. Seems odd if people were thinking it might go down more though. The only thing I'm paying less for right now is gas. Everything else was more in August. And higher still right now in September. So I'm expecting another redo of this next month.
JB Breakfast Club
Footballguy
Reset the algorithms and we'll try again tomorrow.
Capella
Footballguy
Worst day since June 2020 bc inflation was off 0.1% and you don’t think it’s an overreaction?
I mean of course it makes sense for it to be a red day under these circumstances but these drops are ridiculous.
Read his post. As bad as today was, it only gave back what the market ran up in the last ~week in anticipation of the report. The report today confirmed we shouldn't have run up, and being flat over the last week really isn't a bad outcome all things considered.
Another way of looking at it is last week was the overreaction to the rumor/hope and today was correcting that based on the news.
fruity pebbles
Footballguy
Just gave back the "inflation is going down and the Feds gonna pivot soon" rally heading into the number.
Todem
Footballguy
There is no pivot. I don’t see any way they cut till at least 2024….if at all.
This is what a normal interest rate environment looks like….but people have forgotten that since the Great Recession.
We have seen a huge repricing of risk assets. And when it comes to the “Master List” we expected a recalibration.
Will post again my expectations for the remainder of the year and my 2023 outlook.
fruity pebbles
Footballguy
I don't think there's a pivot either but that's all I've heard about during this rally. Todays drop struck me as a reality check.
FreeBaGeL
Footballguy
I bet today was just the beginning though. I'm guessing another 2 weeks of pain until people start anticipating Sept numbers and things flatten out.
Entirely possible. Just saying that today wasn't an overreaction as was asserted.
