Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

[Shafted69]

he wipes his ass with $100 bills

[milwaukee mike]

he wipes his ass with $100 bills

sounds scratchy! i would hire a hot girl to wipe my ass, or have a real nice bidet do it

[ex50warrior]

Well we get another piece to the puzzle this morning that I think will be more pivotal than usual when it comes to what the FED is going to say next week. If the inflation numbers come in very hot still, I think the fed moves the .75 points and says he still has the foot on the gas. Any moderation in the inflation numbers, and we still get the .75 rate hike, but the language will be softer. Either way going into the future the fed will have to stop with the rate hikes because the payment on the debt is gonna start to make that a reality. 4% is about as much as I thought they could do and if reached, I also thought the world would be falling apart by then. I'm shocked that so far things are still under control somewhat, but the system can't take much more without some serious things starting to break down in a nasty fashion.

Agree. The treasury market has 75 basis points priced in so that will likely happen. The question is whether Powell will keep his projected additional 50-75 point increase by year end intact. I still don't think the global financial system can handle that. We'll find out shortly.

[Slurry Pumper]

Well as we get closer to the actual FED dance tomorrow, I'm more in the sell the news camp now. I'm flipping around like a fish out of water here which generally means I should be reducing any plays that I make in the short term. The markets have moved so much in the last few days that I will probably be looking to sell into the news.
Powell has no choice but to let inflation run in an effort to get from under our tremendous debt but he cant say that so I think they will continue to say they are going to fight inflation with rate hikes, but in reality that play is starting to put too much pressure on the world. Look for the fed to continue to talk tough but act with smaller sized rate hikes going forward into next year.

[d2bets]

Fed playing nice.

[ex50warrior]

Not so much in the Q&A. Still talking a tough game.

[trobin31]

I like adding some volatility here, don’t think they can put a dent in inflation until they make everyone lose their jobs and it doesn’t seem to happening at a fast enough pace.

I’ve scaled into RELL slowly and hoping to grab a bigger chunk if it sells off after dividend payout

[milwaukee mike]

Fed playing nice.

can't speak too soon in a market like 2022

crazy whipsaw action, with goog/meta/amzn hitting new 52-wk lows

i laugh thinking back about 6 months when pretty much everyone on cnbc said the faang stocks were good EXCEPT netflix... that's the best one by far since then

[d2bets]

can't speak too soon in a market like 2022

crazy whipsaw action, with goog/meta/amzn hitting new 52-wk lows

i laugh thinking back about 6 months when pretty much everyone on cnbc said the faang stocks were good EXCEPT netflix... that's the best one by far since then

Yeah, no kidding. Chairman Jay strikes again.

[milwaukee mike]

ridiculously good earnings out of COKE (coca-cola consolidated bottling) and yet the stock goes down 18

p/e of around 10 with fantastic growth (thanks to inflation) and solid in any economic environment

stock is at 450 and should be 650+

[homie1975]

It's only a flesh wound. !!

[Yulia74]

god bless jerome powell

[RangeFinder]

Powell just won the Tuesday's elections for the Red Wave.

[guitarjosh]

Powell just won the Tuesday's elections for the Red Wave.

He probably won the elections through 2030 for the Red Wave...

[milwaukee mike]

democrats are mostly broke faggs mooching off the government, so higher interest rates and lower asset prices probably don't affect more than 1% of them

[d2bets]

Powell just won the Tuesday's elections for the Red Wave.

What's the excuse if it's not a red wave? Gonna pull the rigged card?

[Shafted69]

Rethugs got another gift from Powell

[TheMoneyShot]

What is the exact science to a stock market that grows while inflation is the worst in decades??? Doesn't make much sense. You need an economy to BUY... and the Holiday Season will be the true test. Once it's over... spending will stop... stock market goes down... and people say oh sh##.

[milwaukee mike]

What is the exact science to a stock market that grows while inflation is the worst in decades??? Doesn't make much sense. You need an economy to BUY... and the Holiday Season will be the true test. Once it's over... spending will stop... stock market goes down... and people say oh sh##.

well you're right if spending goes down enough, then earnings suffer

but otherwise, for companies like cat/jnj/mmm... if they sell 10% less "stuff" but inflation is 10%, their sales are flat and their earnings should be higher

same scam that lets people sell a house 20 years later for more than what they paid for it... way more than 1/2 of the super rich people in the world made their money off of real estate, they never did any real work, just benefitted from the scam of inflation

[guitarjosh]

Rethugs got another gift from Powell

I guess it makes up for Greenspan's and Bernanke's gifts to the democrats that the dems called the Bush Recession.

[homie1975]

What is the exact science to a stock market that grows while inflation is the worst in decades??? Doesn't make much sense. You need an economy to BUY... and the Holiday Season will be the true test. Once it's over... spending will stop... stock market goes down... and people say oh sh##.

Zoom out on the chart one full year and look back at mid Nov last year. We are down a good bit on all 3 indexes since then.

However, we've gotten. Multiple bear market rallies because we have the lowest unemployment in 50 years so ppl have money and they buy big dips.

Rinse and repeat. But it does make for lower lows and lower highs however a great market for patient seing traders and long term guys like me *should* be okay. We'll see.

[Slurry Pumper]

So Powell came out and bitch slapped the markets completing the buy the rumor sell the news cycle. I think we see some downside for a while and maybe even some new lows here. Maybe not before the election, but for the next 5 -10 days that is looking like a little slide to me.

[milwaukee mike]

Zoom out on the chart one full year and look back at mid Nov last year. We are down a good bit on all 3 indexes since then.

However, we've gotten. Multiple bear market rallies because we have the lowest unemployment in 50 years so ppl have money and they buy big dips.

Rinse and repeat. But it does make for lower lows and lower highs however a great market for patient seing traders and long term guys like me *should* be okay. We'll see.

definitely a lot of ways to see this

i think the market as a whole will be lower 5 years from now... p/e ratios of 25 were fine when savings accounts paid 0... now that you can get 4-5% in short-term cds, and a mortgage is 7%, and i can buy solid preferreds paying 10%... no real reason that p/e ratios for the overall market should be more than 10

and i'm on the doom and gloom side that says we won't even have a country or a functioning currency at some point in my lifetime, at some point a service economy (like the eu is finding out) is no economy at all... are we all just gonna cut each others' grass and remodel each others' bathrooms? lol

[milwaukee mike]

ridiculously good earnings out of COKE (coca-cola consolidated bottling) and yet the stock goes down 18

p/e of around 10 with fantastic growth (thanks to inflation) and solid in any economic environment

stock is at 450 and should be 650+

up 24 points off the open... just another really good call brought to you by your hero, milwaukee mike

[Madison]

ridiculously good earnings out of COKE (coca-cola consolidated bottling) and yet the stock goes down 18

p/e of around 10 with fantastic growth (thanks to inflation) and solid in any economic environment

stock is at 450 and should be 650+

Will consider. Thx!

[Madison]

It's only a flesh wound. !!

It's the infection I'm worried about.

[Madison]

Powell just won the Tuesday's elections for the Red Wave.

Wondering if true.

[Madison]

democrats are mostly broke faggs mooching off the government, so higher interest rates and lower asset prices probably don't affect more than 1% of them

One thing we can always count on from you is stark/frank commentary!

[Madison]

What is the exact science to a stock market that grows while inflation is the worst in decades??? Doesn't make much sense. You need an economy to BUY... and the Holiday Season will be the true test. Once it's over... spending will stop... stock market goes down... and people say oh sh##.

Worried here you are correct.

[milwaukee mike]

Worried here you are correct.

of course he's correct

stock market has had ups and downs, but the past 70 years in this country... things have continually dripped worse and worse and worse... both spouses work for the same standard of living, then worse standard of living while increases in crime, etc

other than technology advances (which we could argue whether or not that's good for society) every single thing has gotten worse every decade, longer working hours, quality of food/water, education, freedoms, mental health, physical health, wokeness, cancel culture, etc... i can't even go to a damn movie without being irritated at agendas being shoved down my throat

[d2bets]

of course he's correct

stock market has had ups and downs, but the past 70 years in this country... things have continually dripped worse and worse and worse... both spouses work for the same standard of living, then worse standard of living while increases in crime, etc

other than technology advances (which we could argue whether or not that's good for society) every single thing has gotten worse every decade, longer working hours, quality of food/water, education, freedoms, mental health, physical health, wokeness, cancel culture, etc... i can't even go to a damn movie without being irritated at agendas being shoved down my throat

Damn, that's a seriously negative attitude/outlook.

Is standard of living really worse? Seems to me like the average standard of living is much higher.

[milwaukee mike]

Damn, that's a seriously negative attitude/outlook.

Is standard of living really worse? Seems to me like the average standard of living is much higher.

i think it's much worse... 2 generations ago, in most families, a husband could work 40 hrs a week and support a family of 4, then retire with a pension at 55

who the heck can do that now? 12% of the country is below the poverty line, that's way higher than it ever should be... and people are working more hours than ever just to afford basic necessities like food and utilities

[milwaukee mike]

here's another tidbit, just about my life in milwaukee

growing up in this area, i could walk in most neighborhoods, could definitely walk a few blocks to/from a friend's house even in the dark... always felt safe, we could keep our doors open, knew our neighbors

now almost nobody is friendly, nobody can feel totally safe, everyone has their doors locked and security system (my dad's car has been stolen twice this year already), etc

how can the standard of living be higher when so many kids (including my own) are on antidepressants and/or anti-anxiety medication? ignore the fact that they're miserable and afraid to walk anywhere! they have a nice phone! lol

and who can remember someone's car being stolen twice in the same year a couple generations ago?

[Slurry Pumper]

Sounds like Milwaukee Mike may be looking to move to a 3rd world country like myself and live high off the hog for about $2000 a month instead of barely getting by in a crappy 1 room rat infested efficiency for the same price near the subway.

[milwaukee mike]

Sounds like Milwaukee Mike may be looking to move to a 3rd world country like myself and live high off the hog for about $2000 a month instead of barely getting by in a crappy 1 room rat infested efficiency for the same price near the subway.

if my wife's family wasn't a concern, then absolutely

i know someone that moved to ecuador and lives like a king for less than that $2k/month