Originally posted by Slurry Pumper
Stock Market Discussion -- started 03/06/2018 -- updated daily !!!
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d2betsBARRELED IN @ SBR!
- 08-10-05
- 39995
#13476Comment -
Slurry PumperSBR MVP
- 06-18-18
- 2811
#13477Originally posted by d2betsLooks like some nice market cheer heading into the holiday weekend capping off a super strong first half of the year. I continue to think the market might make new highs before the end of this year.
My tin foil hat is in operation with the new roll out of Bidenomics. Sure he's brain dead, stupid and can't remember his own name most of the time, but what he does do well is make shifty underhanded deals to benefit his interest, and right now going into the election, he has got something going on with the economy. As a poker player he would be lousy because of his tells, and he has that look lately like there is something in the works.Comment -
homie1975SBR Posting Legend
- 12-24-13
- 15452
#13478melt up continues.
i am not fighting the tape.Comment -
SnowballBARRELED IN @ SBR!
- 11-15-09
- 30064
#13479Originally posted by homie1975melt up continues.
i am not fighting the tape.
Now it has to close above that June 16th High, or it's a bearish indicator.
About a point under now.Comment -
d2betsBARRELED IN @ SBR!
- 08-10-05
- 39995
#13480Originally posted by SnowballIt's just a cup formation to the June 16th High. 4386.22
Now it has to close above that June 16th High, or it's a bearish indicator.
About a point under now.Comment -
MadisonSBR Hall of Famer
- 09-16-11
- 6479
#13481Originally posted by Slurry PumperI'm looking at the bond market telling me that doom and gloom is a coming, but the stocks are full steam ahead. I trust the bond market more and think a rude awakening is coming sometime later in the year, but it just may be a correction and not a complete collapse. I've taken a slight bath on my long term doom and gloom strategies this year, and my call of tech being dead is laughable to this point in the year due to a couple of stocks.
My tin foil hat is in operation with the new roll out of Bidenomics. Sure he's brain dead, stupid and can't remember his own name most of the time, but what he does do well is make shifty underhanded deals to benefit his interest, and right now going into the election, he has got something going on with the economy. As a poker player he would be lousy because of his tells, and he has that look lately like there is something in the works.
Bidenomics ... Can I puke now. Who comes up with this shyt for him. And yeah, let's add more to or debt with student loan forgiveness which most of us have repaid for generations.
"A Look" ... Like he's clueless and stumbling to find the next fabrication his feeble mind is about to espouse.
I pray we don't end with a Biden/Trump rematch. What a joke/tragedy. God help us we don't have a real tragedy with JB in control. Other countries must be laughing at us!!Comment -
MadisonSBR Hall of Famer
- 09-16-11
- 6479
#13482Originally posted by homie1975melt up continues.
i am not fighting the tape.Comment -
homie1975SBR Posting Legend
- 12-24-13
- 15452
#13483Originally posted by MadisonThe president of buy and hold. Like you would??Comment -
homie1975SBR Posting Legend
- 12-24-13
- 15452
#13484Originally posted by MadisonThe president of buy and hold. Like you would??Comment -
d2betsBARRELED IN @ SBR!
- 08-10-05
- 39995
#13485Originally posted by MadisonMy tin foil hat is in operation with the new roll out of Bidenomics. Sure he's brain dead, stupid and can't remember his own name most of the time, but what he does do well is make shifty underhanded deals to benefit his interest, and right now going into the election, he has got something going on with the economy. As a poker player he would be lousy because of his tells, and he has that look lately like there is something in the works.
Bidenomics ... Can I puke now. Who comes up with this shyt for him. And yeah, let's add more to or debt with student loan forgiveness which most of us have repaid for generations.
"A Look" ... Like he's clueless and stumbling to find the next fabrication his feeble mind is about to espouse.
I pray we don't end with a Biden/Trump rematch. What a joke/tragedy. God help us we don't have a real tragedy with JB in control. Other countries must be laughing at us!!Comment -
ex50warriorSBR MVP
- 10-10-09
- 3823
#13486...I'm hoping they get around to home loan forgiveness next!Comment -
milwaukee mikeBARRELED IN @ SBR!
- 08-22-07
- 26914
#13487Originally posted by d2betsBusiness loan full forgiveness is fine but student loan partial forgiveness isn't?
i turned down free money for me and my son, didn't want to be a mooch, now i just feel like a moron since my business closed anywayComment -
d2betsBARRELED IN @ SBR!
- 08-10-05
- 39995
#13488Originally posted by milwaukee mikethose small business loans were dumb too... but at least they were meant to pay employees while the government forced their business to shut down. nobody forced anyone to go to college, and student loan forgiveness is pretty much a handout to doctors
i turned down free money for me and my son, didn't want to be a mooch, now i just feel like a moron since my business closed anyway
You should have taken what you were entitled to. My office qualified, so I did it. Probably could have done the second one too, but didn't.Comment -
MadisonSBR Hall of Famer
- 09-16-11
- 6479
#13489Originally posted by homie1975I might look to take some profits at some point soon. Just take a little something off the table, as I agree with Slurry and do not fully trust this move higher since 1/1.
One of my long term friends and gambling mentors always reminds me, "You never lose $ taking a profit.
Anyway, I would definitely be a proponent of the strategy.
All my best, and happy 4th to you and yours.Comment -
MadisonSBR Hall of Famer
- 09-16-11
- 6479
#13490Originally posted by d2betsBusiness loan full forgiveness is fine but student loan partial forgiveness isn't?Comment -
MadisonSBR Hall of Famer
- 09-16-11
- 6479
#13491Originally posted by milwaukee mikethose small business loans were dumb too... but at least they were meant to pay employees while the government forced their business to shut down. nobody forced anyone to go to college, and student loan forgiveness is pretty much a handout to doctors
i turned down free money for me and my son, didn't want to be a mooch, now i just feel like a moron since my business closed anywayComment -
milwaukee mikeBARRELED IN @ SBR!
- 08-22-07
- 26914
#13492Originally posted by d2betsIf I'm not mistaken, there is an income limit on the forgiveness, so that's not typically going to be the case.
You should have taken what you were entitled to. My office qualified, so I did it. Probably could have done the second one too, but didn't.
would qualify for free health insurance and food stamps too but i don't take them, don't want to be that guy that pulls up to the grocery store in a maserati and pays with an EBT card lolComment -
MadisonSBR Hall of Famer
- 09-16-11
- 6479
#13493Originally posted by milwaukee mikeyeah i know... but i have that stupid thing called pride
would qualify for free health insurance and food stamps too but i don't take them, don't want to be that guy that pulls up to the grocery store in a maserati and pays with an EBT card lolComment -
d2betsBARRELED IN @ SBR!
- 08-10-05
- 39995
#13494Originally posted by MadisonRecently heard Ferrari (RACE) has entry level model 800K with a 3 year waiting list. This is a poor mans recession ... IE 40-60% of the population couldn't afford an unexpected $500 bill. And the wealthy just keep spending.Comment -
veriableoddsSBR Hall of Famer
- 08-22-17
- 5093
#13495Originally posted by MadisonRecently heard Ferrari (RACE) has entry level model 800K with a 3 year waiting list. This is a poor mans recession ... IE 40-60% of the population couldn't afford an unexpected $500 bill. And the wealthy just keep spending.Comment -
Slurry PumperSBR MVP
- 06-18-18
- 2811
#13496Markets are at an interesting spot now with my favorite market indicator taking a dive yesterday ( IWM). The rest of the index funds are hanging out at recent high points just waiting or gaining energy to push further up. The trend is your friend until you catch the trend trying to bang your girlfriend. I'm in the camp of up up and away until the rug gets pulled. We are at a spot where that trap door can open, but so far this year the markets have pushed ahead.Comment -
Slurry PumperSBR MVP
- 06-18-18
- 2811
#13497Just like most things with the U.S. government lately, I gotta call bullshyt on the jobs report. 500k jobs in a month is just blatantly pissing on my leg and telling us that it is raining.Comment -
chico2663BARRELED IN @ SBR!
- 09-02-10
- 36915
#13498Originally posted by Slurry PumperJust like most things with the U.S. government lately, I gotta call bullshyt on the jobs report. 500k jobs in a month is just blatantly pissing on my leg and telling us that it is raining.
thanks for allowing me to rant.Comment -
milwaukee mikeBARRELED IN @ SBR!
- 08-22-07
- 26914
#13499Originally posted by chico2663Spoken like a true Trump deciple. Really not hard when you start bringing factories back. Or spend a shitload on roads. It bridges that needed fixed since the 80’s. Shame my former party can’t join the picture. Not a Biden fan but hard to bitch except that fuccer allowed corporations to jack the rates up and call it inflation. Big Mac meal used to be 4.99.(probably why I spent 8 days in a coma) Hell it is 11.00 now. Trump could have went down as the best if he would have got roads down as Biden has. But he was too busy taking care of the rich. Asshole took away mileage and home interest on taxes. In my job I used to drive 80 k miles a year with 50 k being work related mileage. Unless someone works for a company that pays mileage for employer they are now collectively fucced.
thanks for allowing me to rant.Comment -
d2betsBARRELED IN @ SBR!
- 08-10-05
- 39995
#13500Originally posted by milwaukee mikeyou can still claim mortgage interest on your taxes, if you get a w-2 then you're right no deduction for unreimbursed employee expenses like mileage... but most places reimburse that or pay you accordingly
2025 will be an interesting year. Much of the TCJA changes expire at the end of 2025.Comment -
trobin31SBR Hall of Famer
- 01-09-14
- 9854
#13501I’ve been buying up some PayPal PYPL going into next earnings
PYPL had a nice puke and has been range bound while they’ve been buying back shares and rolling out banking and credit services through Venmo etc. I think their earnings in late July are gonna fuk some azz. Also the cheapest it’s been in awhile as well as remaining the biggest Mandingo in online paymentsComment -
ChuckyTheGoatBARRELED IN @ SBR!
- 04-04-11
- 37739
#13502George Gammon is calling for a pretty big Stock Mkt downturn.Where's the fuckin power box, Carol?Comment -
homie1975SBR Posting Legend
- 12-24-13
- 15452
#13503Originally posted by ChuckyTheGoatGeorge Gammon is calling for a pretty big Stock Mkt downturn.
i cannot recall who it was but a famous market investor just predicted a week ago that the second half of 2023 will see new ATH's in all three indexes.
so these two guys cancel each other out.
everyone has an opinion these days..........Comment -
ex50warriorSBR MVP
- 10-10-09
- 3823
#13504Originally posted by d2betsAs you know, state, local and property taxes are capped at $10k. So unless you have a massive mortgage, it's not going to be enough to be higher than the standard deduction. So while you can technically deduct mortgage interest if you itemize, a huge portion of people who deducted mortgage interest before 2018, now don't.
2025 will be an interesting year. Much of the TCJA changes expire at the end of 2025.
That's true for many married taxpayers. But much easier for a single person with $10K in SALT to reach the
itemized threshold.Comment -
d2betsBARRELED IN @ SBR!
- 08-10-05
- 39995
#13505Originally posted by ex50warriorThat's true for many married taxpayers. But much easier for a single person with $10K in SALT to reach the
itemized threshold.Comment -
Slurry PumperSBR MVP
- 06-18-18
- 2811
#13506Another rare stock pick for me today as I'm shorting the FLS right here at the $37 spot. FLS is pretty much my competitor in the slurry pumping world, and actually they don't even know I exist due to their size and abiity to make money despite their actions, but at $37 they are at a spot of resistance, and a good place to short them. If the price breaks out, I jump out and lick my wounds on a weekly close above $39 so I am giving it a little space here.Comment -
Slurry PumperSBR MVP
- 06-18-18
- 2811
#13507Originally posted by Slurry PumperAnother rare stock pick for me today as I'm shorting the FLS right here at the $37 spot. FLS is pretty much my competitor in the slurry pumping world, and actually they don't even know I exist due to their size and abiity to make money despite their actions, but at $37 they are at a spot of resistance, and a good place to short them. If the price breaks out, I jump out and lick my wounds on a weekly close above $39 so I am giving it a little space here.
FLS got a little boost this morning and I had to wait until just now to short this thing at $37.80. This makes my get out price a little better to deal with as I wait for the down action.Comment -
ChuckyTheGoatBARRELED IN @ SBR!
- 04-04-11
- 37739
#13508Originally posted by milwaukee mikeand yet i can still find tons of cheap/undervalued stuff... stocks/bonds/preferreds
"it's not a stock market, it's a market of stocks"
amcx trading at a p/e of less than 2... btu less than 3... lolWhere's the fuckin power box, Carol?Comment -
homie1975SBR Posting Legend
- 12-24-13
- 15452
#13509melt up continues...........Comment -
Slurry PumperSBR MVP
- 06-18-18
- 2811
#13510Yepper, more financial news coming out today and I'm still in the trend is your friend until the end camp. The banks come out with earnings later this week and I suspect the big boys were making money hand over fist while the little guys are barely hanging on. I've been long XLF for the last week and I even bought all the big bank with the exception of BkofAma because I can't stand them so much that I can even use their stock as a means to make money. They pissed me off that much a few years ago. Gonna add to my Flowserve short as it gets closer to the $39 dollar range. If it closes a week above that level, I'll come in on the next Monday and buy back the shares.Comment
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