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

[Sanity Check]

name them. the story is no good without names. name them.

Most obvious is tesla.

Which the left and media have waged a constant war against.

Ever since Elon Musk was outed as a big donor to the republican party.

[chico2663]

Thinking about investing in Trump Org.

Please make this a joke. I spent $3500 on his shit back when it was selling for seven bucks a share. He took that shit down and less it’s seven cents a share bikes keep itching himself more shares and then sold them.The billion of dollars he gets to write off are the money his investors bought. The s.e.c. Changed how companies report because of trump hotels.

[homie1975]

Most obvious is tesla.

Which the left and media have waged a constant war against.

Ever since Elon Musk was outed as a big donor to the republican party.

so when he lied to the world a few years ago saying he had secured private funds, intentionally sending the stock soaring and phukking over the shorts, this was a result of him being targeted not breaking SEC rules?

ok. whatever.

[Sanity Check]

so when he lied to the world a few years ago saying he had secured private funds, intentionally sending the stock soaring and phukking over the shorts, this was a result of him being targeted not breaking SEC rules?

ok. whatever.

Heh.

"SEC rules." You say that like it means something.

As if banks didn't routinely break SEC rules, violate national and international law, laundering money for terrorists, drug cartels, human traffickers and shady russians currently under economic sanctions.

[Sanity Check]

breaking SEC rules?

Hey.

Read this.

https://www.forbes.com/sites/afontevecchia/2012/07/16/hsbc-helped-terrorists-iran-mexican-drug-cartels-launder-money-senate-report-says/

And talk to me again, about "breaking SEC rules".


It seems to me, you lack the info to properly put things like this into perspective.

[homie1975]

elon musk is his own worst enemy. he thinks he's the smartest man in the world, the smartest one who ever lived. so he runs his mouth and gets caught sticking in his foot in there all the time.

BUY THE CAR, NOT THE STOCK.

[Sanity Check]

elon musk is his own worst enemy. he thinks he's the smartest man in the world, the smartest one who ever lived. so he runs his mouth and gets caught sticking in his foot in there all the time.

BUY THE CAR, NOT THE STOCK.

Nobody had issues with Elon Musk for years.

It was only recently after he was recently outed as a donor to the republican party.

That fake news started publishing attack pieces on him.


For people like me who check news headlines almost daily. We know there's a new hate piece published on Elon Musk/tesla almost everyday. That's abnormal and it shows the motive behind it is purely political.

[chico2663]

Hey.

Read this.

https://www.forbes.com/sites/afontevecchia/2012/07/16/hsbc-helped-terrorists-iran-mexican-drug-cartels-launder-money-senate-report-says/

And talk to me again, about "breaking SEC rules".


It seems to me, you lack the info to properly put things like this into perspective.

You make it hard to read your drivel. English my boy ENGLISH!

[Sanity Check]

You make it hard to read your drivel. English my boy ENGLISH!

Eh.

Its hard explaining very basic things.

To those you would expect to know this shit already.



Its like nobody has made an effort to learn anything about the investment game.

[milwaukee mike]

bynd at 69? can't imagine too many scenarios where groceries are gonna be hurting that badly

wwe at 32? yes the xfl is cancelled but i'll be watching wrestling tonight, since nothing else athletic is on

[Sanity Check]

bynd at 69? can't imagine too many scenarios where groceries are gonna be hurting that badly

https://americanmanufacturing.org/blog/entry/the-u.s.-imports-a-lot-of-food-from-china-and-you-might-be-surprised-whats

[KRIT]

This might be out of place, but I'm looking to buy a house soon. I missed out on the really low mortgage interest rates at about 3%. Now it has gone up to the mid to high 3's. Anyone familiar with the housing market expect it to go back down soon. From my understanding is that when they lowered the rates, everyone jumped in and refinanced or bought, so they raised them. Obviously it is impossible to predict, but can we expect another cut from the fed soon?

[chico2663]

This might be out of place, but I'm looking to buy a house soon. I missed out on the really low mortgage interest rates at about 3%. Now it has gone up to the mid to high 3's. Anyone familiar with the housing market expect it to go back down soon. From my understanding is that when they lowered the rates, everyone jumped in and refinanced or bought, so they raised them. Obviously it is impossible to predict, but can we expect another cut from the fed soon?

there will be many foreclosures in next year.

[homie1975]

Josher
Was the late surge the last 15 mins of the session based on any significant volume?

[milwaukee mike]

there will be many foreclosures in next year.

i would totally agree with that... housing market doesn't crash overnight... think of all the empty offices/hotels/shopping malls/etc that might have to convert to residential housing. think of all the jobs that might be permanently lost with this new trend towards closing everything and working from home. how many vegas employees will keep their jobs? tourism down, hospitality down, construction is gonna grind to a halt everywhere.

so either you have a 0-2% mortgage, or prices collapse, or both... best to wait

[guitarjosh]

Josher
Was the late surge the last 15 mins of the session based on any significant volume?

3rd highest 15 minutes of volume all month

[milwaukee mike]

3rd highest 15 minutes of volume all month

machines gone wild!

[d2bets]

Thinking more on some of this...

Isn't this going to end up being a massive opportunity for strong tech companies? Anything that automates, allows people to work from home, artificial intelligence, robots, e-learning, biotech obviously, etc etc.

Sustained terrible for anything built on literally bringing people together -- airplanes, hotels, restaurants, concerts, sporting events, hospitality, mass transit, etc.

In the short-term, everything is hurt. But in the medium and long-term there will be some huge winners and huge losers.

[milwaukee mike]

Thinking more on some of this...

Isn't this going to end up being a massive opportunity for strong tech companies? Anything that automates, allows people to work from home, artificial intelligence, robots, e-learning, biotech obviously, etc etc.

Sustained terrible for anything built on literally bringing people together -- airplanes, hotels, restaurants, concerts, sporting events, hospitality, mass transit, etc.

In the short-term, everything is hurt. But in the medium and long-term there will be some huge winners and huge losers.

all of that makes sense

but without all the employees/money from your 2nd group, there is no economy, in the great depression nobody was really making money

what is clear is how quickly and easily governments can declare martial law... as one example milwaukee public schools wanted to stay open but the governor declared that they had to close. so a handful of people shut down everything, whether it makes any sense or not.

[Git Lo]

all of that makes sense

but without all the employees/money from your 2nd group, there is no economy, in the great depression nobody was really making money

what is clear is how quickly and easily governments can declare martial law... as one example milwaukee public schools wanted to stay open but the governor declared that they had to close. so a handful of people shut down everything, whether it makes any sense or not.

this market is the literal definition of a falling knife, care to catch it?

[MinnesotaFats]

all of that makes sense

but without all the employees/money from your 2nd group, there is no economy, in the great depression nobody was really making money

what is clear is how quickly and easily governments can declare martial law... as one example milwaukee public schools wanted to stay open but the governor declared that they had to close. so a handful of people shut down everything, whether it makes any sense or not.

Very true

Sometimes things like this need to be considered at the polls

The States declaring these emergency shut downs, etc are killing low end wage earners, the portion of population that votes for them. So to repatriate that vote there will likely be state subsidies now to individuals...

Imagine that, in an election year.

[d2bets]

All these billionaire Giving Pledge folks need to accelerate, get together now, and figure out how they can leverage their wealth for the public good. No more just giving it away at death, time to do more right now. And frankly, if they don't voluntarily do it, maybe we do need a one-time wealth tax.

[milwaukee mike]

All these billionaire Giving Pledge folks need to accelerate, get together now, and figure out how they can leverage their wealth for the public good. No more just giving it away at death, time to do more right now. And frankly, if they don't voluntarily do it, maybe we do need a one-time wealth tax.

who exactly is "we". government and billionaires are in the same bed, in many cases they are the exact same people... every move in the last 80 years has been for the benefit of the elite/wealthy and that will never change, no matter who anyone votes for

[d2bets]

who exactly is "we". government and billionaires are in the same bed, in many cases they are the exact same people... every move in the last 80 years has been for the benefit of the elite/wealthy and that will never change, no matter who anyone votes for

We is the Federal Government. I'm saying Congress may need to consider a one-time wealth tax. Maybe. Maybe not. But it should potentially be on the table. I'm talking about net worth over 50 million, or something like that.

[Sanity Check]

We is the Federal Government. I'm saying Congress may need to consider a one-time wealth tax. Maybe. Maybe not. But it should potentially be on the table. I'm talking about net worth over 50 million, or something like that.

Every "wealth tax" they proposed in the past 50 years targeted $100k+ earning middle class americans.

Its impossible to tax the super rich without significant changes to laws and regulation.

Their cash is stashed in offshore tax havens the IRS could never get info on.

Everything said about taxing the super rich is #fakenews and #mindcontrol for those who don't know any better.

[milwaukee mike]

We is the Federal Government. I'm saying Congress may need to consider a one-time wealth tax. Maybe. Maybe not. But it should potentially be on the table. I'm talking about net worth over 50 million, or something like that.

the federal government is them not we... way more than half of the population is against war/deficits/congress/etc so it's certainly not a government by the people and for the people

[d2bets]

Every "wealth tax" they proposed in the past 50 years targeted $100k+ earning middle class americans.

Its impossible to tax the super rich without significant changes to laws and regulation.

Their cash is stashed in offshore tax havens the IRS could never get info on.

Everything said about taxing the super rich is #fakenews and #mindcontrol for those who don't know any better.

I agree it is very challenging, but not impossible. And I'm not saying it should necessarily happen. I think billionaires will get together and "sacrifice" to help. I'm not smart enough to know exactly how, but nothing is impossible.

[khicks26]

All these billionaire Giving Pledge folks need to accelerate, get together now, and figure out how they can leverage their wealth for the public good. No more just giving it away at death, time to do more right now. And frankly, if they don't voluntarily do it, maybe we do need a one-time wealth tax.

You mean as opposed to leveraging their wealth against the public good? Give me a fuking break. The billionaires are not going to save us.


You could of voted for the guy that was going to tax the shit out of them, but you boomer fuk heads voted for senile Joe.


Maybe learn a little history. The New Deal only came along because FDR told the rich. You can give me half your money, or we can have the people rise up & take all of your money. Ever since the New Deal went into effect these rich asshole have been undoing it.


Funny how shit works, all that money won't stop them from getting the virus. Mother nature treats everyone equal.

[chico2663]

Very true

Sometimes things like this need to be considered at the polls

The States declaring these emergency shut downs, etc are killing low end wage earners, the portion of population that votes for them. So to repatriate that vote there will likely be state subsidies now to individuals...

Imagine that, in an election year.

ohio is republican. the governor used to work for hamilton county. very nice guy.

[chico2663]

You mean as opposed to leveraging their wealth against the public good? Give me a fuking break. The billionaires are not going to save us.


You could of voted for the guy that was going to tax the shit out of them, but you boomer fuk heads voted for senile Joe.


Maybe learn a little history. The New Deal only came along because FDR told the rich. You can give me half your money, or we can have the people rise up & take all of your money. Ever since the New Deal went into effect these rich asshole have been undoing it.


Funny how shit works, all that money won't stop them from getting the virus. Mother nature treats everyone equal.

dude bernie is a pissed off old man. I am glad he lost. Hell if he won they would probably change from the dollar to the yen.

[guitarjosh]

Thinking more on some of this...

Isn't this going to end up being a massive opportunity for strong tech companies? Anything that automates, allows people to work from home, artificial intelligence, robots, e-learning, biotech obviously, etc etc.

Sustained terrible for anything built on literally bringing people together -- airplanes, hotels, restaurants, concerts, sporting events, hospitality, mass transit, etc.

In the short-term, everything is hurt. But in the medium and long-term there will be some huge winners and huge losers.

XLK has outperformed the S&P 500 by quite a bit over the last few weeks.

This whole sell off was a perfect storm. The market was very overbought like it was in early 2018 when we had a 10% selloff over a few days. Combine that with the oil shock and the Coronavirus and you have the makings of a fast 25% - 30% decline.

The whole thing is just a social panic. I went to the grocery store last night and there were a lot of empty shelves. The hand sanitizer and liquid soap was sold out, but a foot away, the bar soap, which will kill coronavirus as well as liquid soap and better than hand sanitizer, was still sitting there virtually untouched.

[khicks26]

dude bernie is a pissed off old man. I am glad he lost. Hell if he won they would probably change from the dollar to the yen.

the only guy I see yelling at voters is Joe Biden.

[KVB]

the only guy I see yelling at voters is Joe Biden.

I noticed this too. He gets up close and personal, very admirable, then he starts yelling at people.

Not a good look.

[grease lightnin]

I noticed this too. He gets up close and personal, very admirable, then he starts yelling at people.

Not a good look.

I like it.

[khicks26]

I noticed this too. He gets up close and personal, very admirable, then he starts yelling at people.

Not a good look.

Its what happens to people losing their minds. Fits of rage & uncontrolled outburst.