Stock Thread (8 Viewers)

[Capella]

Can’t follow along but it appears Powell delivered some bad news.

He's basically just forecasting a bunch of stuff we would get timeouts for forecasting in this thread.

These 12 weeks have been a really long year.

 

[General Malaise]

Can’t follow along but it appears Powell delivered some bad news.

He's basically just forecasting a bunch of stuff we would get timeouts for forecasting in this thread.

well, like it or not, it is news and we've been asked to post links to any news, so we're following the rules in here. This has to be reported upon.

It’s still ongoing, might need to wait for it to end before getting a good summary with a link

This is a real time business.....

 

[Desert_Power]

Can’t follow along but it appears Powell delivered some bad news.

Takeaway that they are more focused on making sure that inflation expectations remain anchored/they are not in a hurry to cut.

 

[Dr. Octopus]

Can’t follow along but it appears Powell delivered some bad news.

He's basically just forecasting a bunch of stuff we would get timeouts for forecasting in this thread.

These 12 weeks have been a really long year.

They're just being nice and extending the markdowns from the post Christmas sale spectacular.

 

[General Malaise]

Alright, he's done. He likes to spend his free time playing guitar and going to the gym.

 

[dancingbones]

Alright, he's done. He likes to spend his free time playing guitar and going to the gym.

He's also a Deadhead - which I kinda like.

 

[FreeBaGeL]

Can’t follow along but it appears Powell delivered some bad news.

He's basically just forecasting a bunch of stuff we would get timeouts for forecasting in this thread.

Well he might end up getting banned, so...

 

[Bob Sacamano]

It's one thing when a jagoff on a message board mentions "Stagflation" but quite another when it's the FED Chair.

Yeah, but you're our jag. So we tolerate it.

 

[fruity pebbles]

Anyone buying today? Sold about 1/4 of my tech holdings when we got the pop and starting to buy back what I sold. Picked up some Amazon and Microsoft. Holding off on the chips.

 

[Bob Sacamano]

Anyone buying today? Sold about 1/4 of my tech holdings when we got the pop and starting to buy back what I sold. Picked up some Amazon and Microsoft. Holding off on the chips.

- YouTube

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

www.youtube.com

 

[General Malaise]

Freaking gold up $111/LB to $3,340.

Mel Allen: "Hooooooow, about that!"

 

[ghostguy123]

SOXL sure has a wonderful way of dropping 10% with minutes of whenever I purchase any.
My larger 7-something limit orders just may hit today.

 

[Todem]

Gonna add some more NVDA in my account right before the bell.

This is great long term value down here IMO.

12 month target 160 a share.

In times of uncertainty I am certain the AI buildout will march forward over the next decade.

Super long on it.

 

[Todem]

All you continue to hear

“We don’t know, we don’t know, we don’t know”

This applies to right now. Power thru all this noise and ask yourself…..do I care 5-7-10 years from now?

Scoop up high quality stocks when they are being beaten down in times of high volatility and uncertainty.

 

[fruity pebbles]

Bought some more Meta at 495 and change

 

[pecorino]

Oof. I picked the wrong morning to deploy some cash and buy AMZN and AAPL.

 

[jvdesigns2002]

All you continue to hear

“We don’t know, we don’t know, we don’t know”

This applies to right now. Power thru all this noise and ask yourself…..do I care 5-7-10 years from now?

Scoop up high quality stocks when they are being beaten down in times of high volatility and uncertainty.

I think that bullish should be the long term base case for everybody in regard to quality stock regardless of price. The market is financially engineered to basically almost guarantee this reality. Obviously, it hits harder when somebody of your knowledge and familiarity with the market reinforces that thought. With that said, I’m completely with you on being a long term bull. With that said, I recently stated that I felt like there will be a lot of market volatility and that I think that a short but sharp recession could be a near term outlook. I’m starting to think that recession is more likely and that if have one, it might not be a short as I once thought. I feel like the economics of Covid and the subsequent re-opening trained people and businesses to spend money. It feels to me like people are very hesitant to spend and businesses are possibly pulling back on investment right now. I’m not even sure if the uptick in consumer spending is outpacing the rate of inflation—so positive news regarding those numbers might be hard to trust. With that said—can I ask what your current base case is for the near term?

 

[Schmeabs]

Anyone buying today? Sold about 1/4 of my tech holdings when we got the pop and starting to buy back what I sold. Picked up some Amazon and Microsoft. Holding off on the chips.

I bought some more NVDA at just under $101.

 

[The Z Machine]

Freaking gold up $111/LB to $3,340.

Mel Allen: "Hooooooow, about that!"

It's the only thing that is keep my MEL'S IRA from getting crushed. Bad news when both stocks and bonds go down together.

 

[The Z Machine]

Gonna add some more NVDA in my account right before the bell.

This is great long term value down here IMO.

12 month target 160 a share.

In times of uncertainty I am certain the AI buildout will march forward over the next decade.

Super long on it.

I tried to get a cowbell 100.01 limit order in but it didn't get that low.

 

[The Z Machine]

I am high on 2 Chinese companies based on my visits there in the last decade: BYD and Luckin coffee. Both are EVERYWHERE in China and can grow a bunch outside of China if China grows economic links to other parts of the world.

 

[McBokonon]

I am high on 2 Chinese companies bawd on my visits there in the last decade: BYD and Luckin coffee. Both are EVERYWHERE and can grow a bunch outside of China if China grows economic links to other parts of the world.

My first fear here is we decide to delist them as part of our escalation.

 

[The Z Machine]

I am high on 2 Chinese companies bawd on my visits there in the last decade: BYD and Luckin coffee. Both are EVERYWHERE and can grow a bunch outside of China if China grows economic links to other parts of the world.

My first fear here is we decide to delist them as part of our escalation.

They are pink sheets both i think.

 

[Buckna]

I am high on 2 Chinese companies bawd on my visits there in the last decade: BYD and Luckin coffee. Both are EVERYWHERE and can grow a bunch outside of China if China grows economic links to other parts of the world.

My first fear here is we decide to delist them as part of our escalation.

They are pink sheets both i think.

Luckin has been mentioned in here before, I believe they were the ones cooking their books 5ish years ago and some FBG's got burned. Me personally, I'd never trust the financials of a Chinese company ever again. Learned that the hard way 15 years ago...

 

[Todem]

All you continue to hear

“We don’t know, we don’t know, we don’t know”

This applies to right now. Power thru all this noise and ask yourself…..do I care 5-7-10 years from now?

Scoop up high quality stocks when they are being beaten down in times of high volatility and uncertainty.

I think that bullish should be the long term base case for everybody in regard to quality stock regardless of price. The market is financially engineered to basically almost guarantee this reality. Obviously, it hits harder when somebody of your knowledge and familiarity with the market reinforces that thought. With that said, I’m completely with you on being a long term bull. With that said, I recently stated that I felt like there will be a lot of market volatility and that I think that a short but sharp recession could be a near term outlook. I’m starting to think that recession is more likely and that if have one, it might not be a short as I once thought. I feel like the economics of Covid and the subsequent re-opening trained people and businesses to spend money. It feels to me like people are very hesitant to spend and businesses are possibly pulling back on investment right now. I’m not even sure if the uptick in consumer spending is outpacing the rate of inflation—so positive news regarding those numbers might be hard to trust. With that said—can I ask what your current base case is for the

Near term base case is some trade deals get done. But the pace is not as fast as the market wants and we continue this whipsaw volatility thru the entire summer, the Fed gets some clarity to cut once this year, tax bill gets done and the market sling shots back to the February highs and we eeek out a 4-6% gain for the entire year on the S&P

My probability on this rises by the week.

It is such a news driven headline risk market right now…..you won’t get a straight answer literally from anyone.

It’s highly frustrating watching markets turning on news, tweets and fake news as well.

But this is our short term reality.

And can this country easily talk itself into a receesion? Well absolutely….it’s already started in earnest each passing week that goes by.

Uncertainty is the mothers milk of heavy volatility.

 

[Desert_Power]

I am high on 2 Chinese companies based on my visits there in the last decade: BYD and Luckin coffee. Both are EVERYWHERE in China and can grow a bunch outside of China if China grows economic links to other parts of the world.

I'm down with BYD but not sure about ****in with Luckin

 

[Sand]

Freaking gold up $111/LB to $3,340.

Mel Allen: "Hooooooow, about that!"

I'd be all over $3300/lb gold...

SOXL sure has a wonderful way of dropping 10% with minutes of whenever I purchase any.
My larger 7-something limit orders just may hit today.

I'm sure you meant 7-figure limit orders, right? This is the FFA, after all.

 

[The Z Machine]

I am high on 2 Chinese companies based on my visits there in the last decade: BYD and Luckin coffee. Both are EVERYWHERE in China and can grow a bunch outside of China if China grows economic links to other parts of the world.

I'm down with BYD but not sure about ****in with Luckin

They are making BANK in China. Stores are always busy. Like I said if they can expand outside of China because other countries shift away from the US, then they can continue to expand. I'm thinking Korea, Japan, Vietnam, Thailand, Philippines, hell maybe even India starts to align with China.

 

[KGB]

At end of day, sold most of my SOXL at a loss and purchased a total bet...

Sqqq options
10 contracts at $1.04
$35.5 call
Exp 4/17

Wish me luck

Sold up between 200% and 250%.

Letting 3 ride thru the Powell news into tomorrow.

 

[Rirruto]

An awesome day to be short the market and long gold.

 

[BassNBrew]

I am high on 2 Chinese companies based on my visits there in the last decade: BYD and Luckin coffee. Both are EVERYWHERE in China and can grow a bunch outside of China if China grows economic links to other parts of the world.

I am high on 2 Chinese companies bawd on my visits there in the last decade: BYD and Luckin coffee. Both are EVERYWHERE and can grow a bunch outside of China if China grows economic links to other parts of the world.

My first fear here is we decide to delist them as part of our escalation.

I am high on 2 Chinese companies bawd on my visits there in the last decade: BYD and Luckin coffee. Both are EVERYWHERE and can grow a bunch outside of China if China grows economic links to other parts of the world.

My first fear here is we decide to delist them as part of our escalation.

They are pink sheets both i think.

A lot of us got a ****in from Luckin. They were on the NASDAQ and got delisted for cooking the books. That's why they are pink sheets. I actually did quite well on it after the delist trading it. That said, I've got a boatload of Agfeed shares worth less that wheat pennies. Just consider anything from a Chinese company fake news and move on.

 

[McBokonon]

@Todem what do you think of $URI at these levels?

 

[General Malaise]

An awesome day to be short the market and long gold.

And antimony.

Silver.


Tungsten.

 

[Orange&Blue]

if only i had $50k+ in cash to buy some of these stocks

 

[Todem]

@Todem what do you think of $URI at these levels?

This is a good company with a strong balance sheet and a great valuation down here.

I like it.

 

[identikit]

An awesome day to be short the market and long gold.

And antimony.

Silver.


Tungsten.

Antimony

Looks like a good day to buy back in

 

[Dezbelief]

Anyone buying UNH?

 

[Payne]

I understand the point of buying low, but I wouldn't invest anything. I heard buy low last week too.

I don't trust any of this.

 

[Desert_Power]

I understand the point of buying low, but I wouldn't invest anything. I heard buy low last week too.

I don't trust any of this.

I'm doing a little bit of swing trading but keeping a much higher cash balance than I anticipated. Chances of a recession continue to grow; a lot of things should get cheaper.

 

[cosjobs]

Freaking gold up $111/LB to $3,340.

Mel Allen: "Hooooooow, about that!"

is that a troy pound or avoirdupois? Great value either way. Costco troy oz coins are up to 3350/z. The last ones I got were 3150

 

[cosjobs]

Anyone buying UNH?

nope, but I'm all in on HCA

 

[The Z Machine]

Looks like my NVDA 100.01 hasn't quite filled...

 

[cosjobs]

I am high on 2 Chinese companies based on my visits there in the last decade: BYD and Luckin coffee. Both are EVERYWHERE in China and can grow a bunch outside of China if China grows economic links to other parts of the world.

I'm down with BYD but not sure about ****in with Luckin

I reluctantly sold all my TSMC today because I'm afraid of an angered China.

 

[General Malaise]

Too Late Powell nickname inspired by the great Too Tall Jones?

 

[General Malaise]

Freaking gold up $111/LB to $3,340.

Mel Allen: "Hooooooow, about that!"

is that a troy pound or avoirdupois? Great value either way. Costco troy oz coins are up to 3350/z. The last ones I got were 3150

Meant OZ.

D'OH

 

[Desert_Power]

Too Late Powell nickname inspired by the great Too Tall Jones?

If there is one way to ensure that Powell puts more weight on independence/inflation than recession risk...

 

[General Malaise]

China suspends all rare earth exports.

This seems like a big problem. The market seems to keep pretending that there isn‘t a trade war happening.

So, we saw MP (Mountain Pass REE) up +20% today, US Antimony +13% and Almonty (Tungsten) +16% today, all on news that Trump wants to stockpile critical metals. We should have been stockpiling them much sooner because this was coming, Trump or not.

But here we are. China controls so so so so so much of the world's refined metals that we need in (waves hands around wildly) EVERYTHING!

We may be able to produce a few metals here but not enough to satisfy our appetites for them. And here is where China can play hardball and has us by the short hairs.

Oh, and let's say we do start producing commercial grade metal ore, who is going to refine and process them? The guys working at Shake Shack? The people educated and trained to do this don't live here and we've made it harder for them to come here.

Make any of this make sense to me.

I thought Biden gave MP a big chunk of money a few years ago to progress the refining piece of this. No?

MP just announced that they are ceasing all exports of REE concentrate to China and will ramp up processing in the US. Stock was green when they announced this, now down 10% on the news.

 

[General Malaise]

Too Late Powell nickname inspired by the great Too Tall Jones?

If there is one way to ensure that Powell puts more weight on independence/inflation than recession risk...

I'd post the full quote in here, but somebody will tell on me and I'll get admonished. Worth seeking out as it's a doozy.

 

[Dr_Zaius]

Looks like my NVDA 100.01 hasn't quite filled...

I sold a Jun 100 Put on NVDA back in February. At this point I find myself hoping they get assigned with the stock at like $99.50 or something. Although I wouldn't cry if it was never assigned as I'm long already.

 

[FreeBaGeL]

Looks like my NVDA 100.01 hasn't quite filled...

I sold a Jun 100 Put on NVDA back in February. At this point I find myself hoping they get assigned with the stock at like $99.50 or something. Although I wouldn't cry if it was never assigned as I'm long already.

When is the expiry and what was the cost?