Stock Thread (44 Viewers)

[guru_007]

April 7, 2025 -- Closed Board Meeting

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

Fed meeting to discuss liquidity issues?

If everyone pulls their stonks out you gotta come up with cash somehow. If people pull their cash out that were stonks, then well.....

You know, I've thought about this for years.
As of today, only 8% of the WORLD's wealth is in physical currency. I'm not great at math, but that seems like a lot of everyone's worth is on the honor system, no?
That's one of the reasons I've failed to see the viability of cryptocurrency as well. It's not that I don't believe that we need some sort of accounting for money, but that anyone can just create a coin and within a month it's worth billions, be it fartcoin, trumpcoin, dogecoin, what have you.
Banks have failed due to runs on them. I fail to completely understand how stock markets are different.

 

[Desert_Power]

April 7, 2025 -- Closed Board Meeting

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

Fed meeting to discuss liquidity issues?

If everyone pulls their stonks out you gotta come up with cash somehow. If people pull their cash out that were stonks, then well.....

What makes you think this is related to liquidity issues?

 

[culdeus]

April 7, 2025 -- Closed Board Meeting

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

Fed meeting to discuss liquidity issues?

If everyone pulls their stonks out you gotta come up with cash somehow. If people pull their cash out that were stonks, then well.....

What makes you think this is related to liquidity issues?

Note the ? mark in the first line.

 

[NajehHejan]

My 7.87 soxl hit. Yay?

 

[Bossman]

Pretty sure we can still get bananas, coffee, and computer chips .... They're just gonna cost 60-80% more

 

[guru_007]

NVDA is $87 ish?

 

[ghostguy123]

I cant even get accurate updated stuff on yahoo or fidelity right now. Cant tell if the S&P is down 1% or 4%

 

[Bossman]

No politics. I genuinely and emphatically hope this administration proves all the naysayers wrong, and this turns out to be some kind of next level economic move nobody can comprehend right now. I hope we're all shocked and mocked for doubting and end up drinking all the American Champagne from American gold-plated cis-Statue of Liberty boobs with no debt and no income taxes.

I hope.

I really don't understand what is so controversial about simply matching the rates that other countries impose on the US. I think that's what the new tariffs are, right, just matching?

Nope, not at all. The tariffs are based on 1/2 of the trade balance percentage.

We buy $100 of good wine from Italy
They buy $30 of California swill from US.

That's a $70 deficit which is being called a tariff on the US for some reason.

$70 / $100 = 70%

We are being nice so we divide this by 2 to come up with a 35% tariff on wine purchased from Italy moving forward.

It’s actually even worse than that because they only used trade deficits in GOODS, they ignored services, where the US runs huge surpluses against a lot of countries.

There’s nothing that someone like Bangladesh or Lesotho can really do, they’re poor countries, they just can’t afford US goods at US prices to close that trade deficit. So I guess we pay ginormous markups on their trade goods (or they stop selling to us entirely).

And this isn’t being political, I just don’t like lazy math.

If the US importer pays the tariff, why would a country (or foreign company) choose to stop selling to the US?
Seems they would still profit the same as they did prior to Liberation Day. The American consumer is who will pay the tariffs in the end.
It seems that if the US provides a similar product, that product becomes much more competitive price wise.

 

[Chemical X]

NVDA is $87 ish?

that seems bargainish

 

[dozer]

$SQQQ has single handedly kept my portfolio green over the last few trading days...

 

[HomerSimpson]

No politics. I genuinely and emphatically hope this administration proves all the naysayers wrong, and this turns out to be some kind of next level economic move nobody can comprehend right now. I hope we're all shocked and mocked for doubting and end up drinking all the American Champagne from American gold-plated cis-Statue of Liberty boobs with no debt and no income taxes.

I hope.

I really don't understand what is so controversial about simply matching the rates that other countries impose on the US. I think that's what the new tariffs are, right, just matching?

Nope, not at all. The tariffs are based on 1/2 of the trade balance percentage.

We buy $100 of good wine from Italy
They buy $30 of California swill from US.

That's a $70 deficit which is being called a tariff on the US for some reason.

$70 / $100 = 70%

We are being nice so we divide this by 2 to come up with a 35% tariff on wine purchased from Italy moving forward.

It’s actually even worse than that because they only used trade deficits in GOODS, they ignored services, where the US runs huge surpluses against a lot of countries.

There’s nothing that someone like Bangladesh or Lesotho can really do, they’re poor countries, they just can’t afford US goods at US prices to close that trade deficit. So I guess we pay ginormous markups on their trade goods (or they stop selling to us entirely).

And this isn’t being political, I just don’t like lazy math.

If the US importer pays the tariff, why would a country (or foreign company) choose to stop selling to the US?
Seems they would still profit the same as they did prior to Liberation Day. The American consumer is who will pay the tariffs in the end.
It seems that if the US provides a similar product, that product becomes much more competitive price wise.

If a Chinese product sells for $10 with a 20% Tariff and is now 12$...
An American product sells for a $11... It looks better. But what is to stop the American company from raising their prices to $11.75.
Still better, but the price of both options went up.

 

[Chemical X]

No politics. I genuinely and emphatically hope this administration proves all the naysayers wrong, and this turns out to be some kind of next level economic move nobody can comprehend right now. I hope we're all shocked and mocked for doubting and end up drinking all the American Champagne from American gold-plated cis-Statue of Liberty boobs with no debt and no income taxes.

I hope.

I really don't understand what is so controversial about simply matching the rates that other countries impose on the US. I think that's what the new tariffs are, right, just matching?

Nope, not at all. The tariffs are based on 1/2 of the trade balance percentage.

We buy $100 of good wine from Italy
They buy $30 of California swill from US.

That's a $70 deficit which is being called a tariff on the US for some reason.

$70 / $100 = 70%

We are being nice so we divide this by 2 to come up with a 35% tariff on wine purchased from Italy moving forward.

It’s actually even worse than that because they only used trade deficits in GOODS, they ignored services, where the US runs huge surpluses against a lot of countries.

There’s nothing that someone like Bangladesh or Lesotho can really do, they’re poor countries, they just can’t afford US goods at US prices to close that trade deficit. So I guess we pay ginormous markups on their trade goods (or they stop selling to us entirely).

And this isn’t being political, I just don’t like lazy math.

If the US importer pays the tariff, why would a country (or foreign company) choose to stop selling to the US?
Seems they would still profit the same as they did prior to Liberation Day. The American consumer is who will pay the tariffs in the end.
It seems that if the US provides a similar product, that product becomes much more competitive price wise.

i’ve been trying to understand this trade thing and for the life of me, i’m just not smart enough. and i took economics in school. i think your last point is correct, but has variables. if i buy a 3 pack of socks from vietnam for $9 and it gets juiced to $20, it will likely fall in line with a similar american made product, because our labout costs are infinitely higher. but, i might not buy socks altogether or not nearly as often. so, if i curb my spending because of inflation, isn’t that the definition of a recession. so, ultimately, it seems like we are unnecessarily forcing a global recession when all most people care about is inexpensive merchandise, not really where it is made. or maybe that’s just me. but that’s why my gpa was under 2.5.

 

[Todem]

April 7, 2025 -- Closed Board Meeting

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

Fed meeting to discuss liquidity issues?

If everyone pulls their stonks out you gotta come up with cash somehow. If people pull their cash out that were stonks, then well.....

What makes you think this is related to liquidity issues?

If anything they are dep diving any potential cracks in the banking system.....I am not concerned about this meeting in the least. Also probably think tanking about talking points and an attempt to calm markets.

Stay on target folks.....stocks are on sale.

 

[Schmeabs]

Looks like Europe has stepped up its negotiations

 

[KGB]

Nmax halted for going up too quickly.

 

[Craig_MiamiFL]

 

[fruity pebbles]

Well that was an 8% move in a half hour. Crazy times.

 

[bcat01]

So we were down 1,200 and now up 800. Makes sense

 

[pecorino]

Holy cow.

 

[KGB]

Wow. All green.

 

[Redwes25]

So we were down 1,200 and now up 800. Makes sense

That is some crazy volatility

 

[fruity pebbles]

With that VIX and the fear and greed at a record low of 3 this morning, this thing is a coiled spring for any good news. Think we’ll see selling into any rally though.

 

[beef]

My 7.87 soxl hit. Yay?

I wanted to round out my shares to an even amount so I added at 7.97 premarket. Not a lot, but helps the DCA a bit more.

 

[ghostguy123]

Did I see that correctly with SOXL up 15%?? Still several dollars away from my cost basis, lol.

As for the tariffs, one thing I thought was weird. If placing higher tariffs on other countries is bad for "US" due to increasing costs for products and hurting stocks......then why are some countries recipricating and placing higher tariffs on us which in turn does the same thing to them?

edit.....are we back red again? I cant tell, either both my phone and work computers are not working correctly, or yahoo finance is awfully glitchy.

 

[fruity pebbles]

Did I see that correctly with SOXL up 15%?? Still several dollars away from my cost basis, lol.

As for the tariffs, one thing I thought was weird. If placing higher tariffs on other countries is bad for "US" due to increasing costs for products and hurting stocks......then why are some countries recipricating and placing higher tariffs on us which in turn does the same thing to them?

edit.....are we back red again? I cant tell, either both my phone and work computers are not working correctly, or yahoo finance is awfully glitchy.

Yup was down 5% on the Nasdaq, up 3% and back down into the red

 

[Wooderson]

What that was nuts. Jump up and then right down.

Markets just want a little bit of good news and they will go up like crazy.

 

[Schmeabs]

Rumor is Trump considering 90 day pause on tariffs for all countries - except China

 

[GoBirds]

Anyone in OXY, what do you guys think there? Been starting and adding a position there during the pullback based on Buffets large holding.

 

[Bob Sacamano]

Did I see that correctly with SOXL up 15%?? Still several dollars away from my cost basis, lol.

As for the tariffs, one thing I thought was weird. If placing higher tariffs on other countries is bad for "US" due to increasing costs for products and hurting stocks......then why are some countries recipricating and placing higher tariffs on us which in turn does the same thing to them?

edit.....are we back red again? I cant tell, either both my phone and work computers are not working correctly, or yahoo finance is awfully glitchy.

Protect their own businesses and punish the US.

Business and politics >>>>>>>>>>>>> consumers pretty much everywhere

 

[pecorino]

Preach:

Bill Ackman: “But, by placing massive and disproportionate tariffs on our friends and our enemies alike and thereby launching a global economic war against the whole world at once, we are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital,” Ackman continued. “The president has an opportunity to call a 90-day time out, negotiate and resolve unfair asymmetric tariff deals, and induce trillions of dollars of new investment in our country. If, on the other hand, on April 9 we launch economic nuclear war on every country in the world, business investment will grind to a halt, consumers will close their wallets and pocket books, and we will severely damage our reputation with the rest of the world that will take years and potentially decades to rehabilitate.”

 

[NajehHejan]

Watching CNBC. Looks like there was a fake report of Hassett saying 90 day pause on tariffs for all countries but China. Not able to confirm so market tanking again. But CNBC had a banner up for five plus minutes, now they’re backtracking. They actually said maybe someone long made up the rumor so they could get out.

 

[fruity pebbles]

What that was nuts. Jump up and then right down.

Markets just want a little bit of good news and they will go up like crazy.

They will but there’s going to be a lot of selling into rallies imo. People have got hurt bad and just want to claw some back.

 

[tommyGunZ]

Insanity.

 

[Desert_Power]

Watching CNBC. Looks like there was a fake report of Hassett saying 90 day pause on tariffs for all countries but China. Not able to confirm so market tanking again. But CNBC had a banner up for five plus minutes, now they’re backtracking. They actually said maybe someone long made up the rumor so they could get out.

These guys are clearly manipulating the markets.

 

[Acrobat7]

Preach:

Bill Ackman: “But, by placing massive and disproportionate tariffs on our friends and our enemies alike and thereby launching a global economic war against the whole world at once, we are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital,” Ackman continued. “The president has an opportunity to call a 90-day time out, negotiate and resolve unfair asymmetric tariff deals, and induce trillions of dollars of new investment in our country. If, on the other hand, on April 9 we launch economic nuclear war on every country in the world, business investment will grind to a halt, consumers will close their wallets and pocket books, and we will severely damage our reputation with the rest of the world that will take years and potentially decades to rehabilitate.”

I used to have respect for Ackmann. One of my better investments was also his PSH. But him now playing captain hindsight is pretty weak.

 

[Chemical X]

pretty soon no one will be able to afford that $19 avocado.

 

[ghostguy123]

Watching CNBC. Looks like there was a fake report of Hassett saying 90 day pause on tariffs for all countries but China. Not able to confirm so market tanking again. But CNBC had a banner up for five plus minutes, now they’re backtracking. They actually said maybe someone long made up the rumor so they could get out.

Seems like a nice way to set some sell orders and then rebuy 20 minutes later. Wow

 

[Chemical X]

Preach:

Bill Ackman: “But, by placing massive and disproportionate tariffs on our friends and our enemies alike and thereby launching a global economic war against the whole world at once, we are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital,” Ackman continued. “The president has an opportunity to call a 90-day time out, negotiate and resolve unfair asymmetric tariff deals, and induce trillions of dollars of new investment in our country. If, on the other hand, on April 9 we launch economic nuclear war on every country in the world, business investment will grind to a halt, consumers will close their wallets and pocket books, and we will severely damage our reputation with the rest of the world that will take years and potentially decades to rehabilitate.”

I used to have respect for Ackmann. One of my better investments was also his PSH. But him now playing captain hindsight is pretty weak.

agree.

 

[Wooderson]

Rumor is Trump considering 90 day pause on tariffs for all countries - except China

White House saying that is fake news.

 

[fruity pebbles]

Preach:

Bill Ackman: “But, by placing massive and disproportionate tariffs on our friends and our enemies alike and thereby launching a global economic war against the whole world at once, we are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital,” Ackman continued. “The president has an opportunity to call a 90-day time out, negotiate and resolve unfair asymmetric tariff deals, and induce trillions of dollars of new investment in our country. If, on the other hand, on April 9 we launch economic nuclear war on every country in the world, business investment will grind to a halt, consumers will close their wallets and pocket books, and we will severely damage our reputation with the rest of the world that will take years and potentially decades to rehabilitate.”

I used to have respect for Ackmann. One of my better investments was also his PSH. But him now playing captain hindsight is pretty weak

Don’t trust a word he says. During 2020 he bought puts on the market, went on tv and said hell is coming and things are crashing, then covered those bets and went long.

 

[Redwes25]

Preach:

Bill Ackman: “But, by placing massive and disproportionate tariffs on our friends and our enemies alike and thereby launching a global economic war against the whole world at once, we are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital,” Ackman continued. “The president has an opportunity to call a 90-day time out, negotiate and resolve unfair asymmetric tariff deals, and induce trillions of dollars of new investment in our country. If, on the other hand, on April 9 we launch economic nuclear war on every country in the world, business investment will grind to a halt, consumers will close their wallets and pocket books, and we will severely damage our reputation with the rest of the world that will take years and potentially decades to rehabilitate.”

I used to have respect for Ackmann. One of my better investments was also his PSH. But him now playing captain hindsight is pretty weak.

He was huge champion of Trump and now back tracking when he sees policies implemented.

 

[Wooderson]

Conspiracy theory I'm thinking. There will be a 90 day pause but the news was not suppose to come out at this time. Trump will want to announce that himself.

 

[ghostguy123]

Conspiracy theory I'm thinking. There will be a 90 day pause but the news was not suppose to come out at this time. Trump will want to announce that himself.

Good theory, easy way for those "in the know" to make a quick buck or million then do it all over again

 

[Acrobat7]

Preach:

Bill Ackman: “But, by placing massive and disproportionate tariffs on our friends and our enemies alike and thereby launching a global economic war against the whole world at once, we are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital,” Ackman continued. “The president has an opportunity to call a 90-day time out, negotiate and resolve unfair asymmetric tariff deals, and induce trillions of dollars of new investment in our country. If, on the other hand, on April 9 we launch economic nuclear war on every country in the world, business investment will grind to a halt, consumers will close their wallets and pocket books, and we will severely damage our reputation with the rest of the world that will take years and potentially decades to rehabilitate.”

I used to have respect for Ackmann. One of my better investments was also his PSH. But him now playing captain hindsight is pretty weak

Don’t trust a word he says. During 2020 he bought puts on the market, went on tv and said hell is coming and things are crashing, then covered those bets and went long.

Oh, I am well aware. I was invested in PSH while that happened. Was a great hedge by him.

 

[Dr. Octopus]

I'm guessing a lot of people made a lot of money off the rumor bump.

 

[NajehHejan]

After seeing SOXL rocket from 8.56 to 10.79 in 14 minutes, I’ve stupidly put in another buy order at 7.75 to try to get my average down from 10.00 to 9.25

 

[pecorino]

Preach:

Bill Ackman: “But, by placing massive and disproportionate tariffs on our friends and our enemies alike and thereby launching a global economic war against the whole world at once, we are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital,” Ackman continued. “The president has an opportunity to call a 90-day time out, negotiate and resolve unfair asymmetric tariff deals, and induce trillions of dollars of new investment in our country. If, on the other hand, on April 9 we launch economic nuclear war on every country in the world, business investment will grind to a halt, consumers will close their wallets and pocket books, and we will severely damage our reputation with the rest of the world that will take years and potentially decades to rehabilitate.”

I used to have respect for Ackmann. One of my better investments was also his PSH. But him now playing captain hindsight is pretty weak.

He was huge champion of Trump and now back tracking when he sees policies implemented.

Yes, one other quote from Mr Ackman: "My bad."

 

[pecorino]

I'm guessing a lot of people made a lot of money off the rumor bump.

By the time I got my sell orders lined up, the trend reversed.

 

[ghostguy123]

Preach:

Bill Ackman: “But, by placing massive and disproportionate tariffs on our friends and our enemies alike and thereby launching a global economic war against the whole world at once, we are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital,” Ackman continued. “The president has an opportunity to call a 90-day time out, negotiate and resolve unfair asymmetric tariff deals, and induce trillions of dollars of new investment in our country. If, on the other hand, on April 9 we launch economic nuclear war on every country in the world, business investment will grind to a halt, consumers will close their wallets and pocket books, and we will severely damage our reputation with the rest of the world that will take years and potentially decades to rehabilitate.”

I used to have respect for Ackmann. One of my better investments was also his PSH. But him now playing captain hindsight is pretty weak.

He was huge champion of Trump and now back tracking when he sees policies implemented.

Yes, one other quote from Mr Ackman: "My bad."

Check him and his family/friends portfolios....

 

[Bossman]

I bought some NFLX so I'll assume that's what caused the bounce in the market just now...