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Think I found the solution to your divorce problem.

In fairness, every other central bank is behind the US. We started raising first, they've all been playing catch-up. More importantly from the ECB notes was: Growth revisions down for 23 & 24 Inflation guides up for 23, 24, & 25

If it came to that worst case scenario, wouldn't the wife want her half of the house equity anyway? Can't navigate that without a re-mortgage unless you have the cash on hand to buy her part out.

Speaking of NVDA AI mania: Bullish!?

I am not at all disagreeing. Just countering what Kirun was mentioning with housing. It's going to take a lot more to crash that mess, specifically mass layoffs. Markets, I do agree somewhat. The first change in trend was the bank blowups, which basically have everyone betting that would cease...

I dont see the big housing crash that some are talking about. This isnt 2008. You have so many people sitting on piles of equity in their homes that appreciated in the last 2 years, so basically no one is at risk of being underwater. Then you have all of the people that locked into a 3%...

I’ve come to the same conclusion. Fed is buying time for banks. There is no other explanation.

> $430 into the close

NVDA squeezing to new all time highs. Tapped over $427

Theres been cuts priced in for July shortly ago. Keeps being pushed back, but markets dont care and are trying to front run the Fed and step into equities. (Last weeks of rally)

Rates unchanged by the Fed. The "skip" or pause, whatever you want to call it is here. Thing to note is the dot plot has priced in 2 further hikes this year and 0 rate cuts until 2024. This is why we are seeing red across the board on the news. Many traders placed bets on cuts this year. If...

We're at like 89% of skip now. *Edit* Make that 98% For reference: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

Never gonna happen. Fed all but guaranteed the "skip" this meeting.

Some serious index front running the CPI and Fed. Interesting to note, VIX is following everything higher. Someone is hedging longer dated puts (30d+) to move the VIX. Quite an interesting divergence.

Might belong in the home buying thread, but saw this today and it made me chuckle.

Then you've got this shit: Fed Emergency Bank Bailout Facility Usage Tops $100 Billion For First Time As Money-Market Inflows Soared Again "strong and resilient" banks (Fedspeak) borrowing more money from the Fed bailout program. We've still got a $400B deluge of tbills by end of month / $1T...

If you're not following along, that is now both Ford and GM that have capitulated to Tesla charge standards and allows Tesla to sell a service (supercharger network) to other companies / individuals. This is quite a bullish catalyst. They are no longer just a "car company", they are now truly a...

Tesla absolutely ripping up shorts after hours today.

And just like that, we are officially in a technical bull market:

Anyone catch Carvana today? CVNA +66% Catalyst: CVNA Raises Q2 adj EBITDA >$50M (prior 'positive'), Non-GAAP total GPU above $6,000 Anyone want to call bullshit on $6k gross profit per vehicle? Seems way OTT.

Its mostly Millenials and Z'ers getting robbed, so thats always a fun watch.

If youre not familiar, it is hilarious. There is a Netflix doc on it that paints the picture fairly well. Highly entertaining, go watch! TLDR: Fyre festival was a big fuck you money grab that scammed everyone of money.

Financial Independence / Retire Early movement. Been around for quite some time. Mr Money Moustache has been talked about on this forum for years. He is the extreme version, but there are many great points he makes. Every little bit helps. Scale waaaay back on expenditures early in life and...

Dip your toes with something easy like a 1month treasury. Sure the yield has come down in the last weeks, but that's not the point. The point is actually seeing your money working for you and getting a chunk of money at the end of the month. Can't remember which finance person said it (maybe...

One of the two most level-headed opinions I respect in markets is Ray Dalio. (Other being Mohamed El-Erian's Fed criticism) Here's Dalio's thoughts on matters:

Re short positions, you've got to be juggling a lot of macro data to make sense of it all. There are many moving parts. The single greatest differentiating factor today vs 2007 is QT. We have a Fed raising rates and a tightening of liquidity. Banks are also feeling the pinch and tightening their...

I love reading FIRE stories. People need to be more aware and read the success stories to make their own lifestyle changes. Glad things are working out for you despite the market downturn. Just keep spending light during the downmarkets, you should come through just fine.

Someone who has been day-drinking their sorrows away after yolo'ing into weekly Apple calls right before the WWDC presentation yesterday.

@Jasker Quite simply, the run up has been big. Apple is one of the only tech stocks trading near all time highs. The AR headset was essentially a sell the news event. Regardless of how bullish you are on Apple, nothing moves in a straight line up. Zoom out to some higher time frames on AAPL and...

This on top of the fact everything else in the presentation is available almost immediately, but the very end of presentation after the $3500 price tag (which the live crowd audibly groaned at), they said the goggles aren't coming to market until 2024.

COIN down >21% pre.

09:09 (US) SEC Chair Gensler: Crypto trading platforms should be treated no different from other securities trading platforms - CNBC - Crypto exchanges are commingling a number of functions - Platforms offer a web of deceptions, with some individuals trying to evade law - We don't need more...

Surely Mama Cathie will back the truck up again and average down.

Announced a partnership with Apple's new $3500 Vision Pro AR headset. I had 1k shares long at $33.18 .. went into a vol halt up, but while halted, Apple announced they weren't releasing until next year. Spooked out and sold at $34.40 after the halt resume .. now here we are up >$39 .. ah well.

Market breadth improved a lot today. IWM (small caps) on a big move up into the key $180 level. A move and close above is positive for the markets vs the big run in recent weeks of AI tech holding us up. The rotation is obvious today and healthy for the market. As always though, things can...

Also, dont read earnings from Twitter. Use a reliable source. Whales reported incorrect revs in that link from Mist. 01 Jun 15:01 [DELL] Reports Q1 $1.31 v $0.87e, Rev $20.9B v $20.1Be - Non-GAAP gross margin 24.0% v 22.1% y/y - Non-GAAP op income $1.07B v $1.55B y/y - Infrastructure...

End of month rebalancing. All volume goes nuts, its normal. Go look at the other bigs like TSLA, GOOG, etc. All the same massive vol spike.

LCID $3B stock offering. Down -12% on that news.

More like, those are a list of IPOs during the 2020/21 market madness where money was simply thrown around with reckless abandon.

Took some TGT long here. Might have bottomed, as it is at day highs while market is selling. Just looking for a relief bounce over some days on this one. Plenty of ammo to add later.