Big Phoenix
Pronouns: zie/zhem/zer
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Investing General Discussion
- Thread starter Furious
- Start date
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Yep, its was laughable how they were just tossing money out. If you were savvy , you made out big during corona. I contacted a few family friends who I know are not, but are hard working lower middle class people and helped them sign up for as many cornoa gibs as I could. Food stamps, help with internet bills, unemployment money, etc
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Mist
Eeyore Enthusiast
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Asshat wormie
2023 Asshat Award Winner
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Khane
Got something right about marriage
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Yes, and I also don't call people American Inventors and pretend I am better than everyone else who does the same constantly and habitually.
AKA, I'm not a gigantic hypocrite.
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Asshat wormie
2023 Asshat Award Winner
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If government is giving out money that can be obtained legally then everyone should do their best to obtain said money. To do otherwise is to be a jogger.
Khane
Got something right about marriage
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Never has a statement more at odds with itself been uttered. But I'm pretty sure you're trolling at this point.
Asshat wormie
2023 Asshat Award Winner
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Sanrith Descartes
Von Clippowicz
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Ahh, the holier than thou has made an appearance. I didn't pass the bills. I wouldn't have voted for the bills. I was against the bills. But if those fucktards passed them, then I am going to take advantage of it. I took the stimulus money (that I was able to tank my AGI to qualify for) and I maxed out the PPP loans and made sure I followed the rules to the letter so that I didn't have to pay a dime of them back. I didn't make the rules, I followed the rules.
At least I am honest about it.
At least I am honest about it.
Sanrith Descartes
Von Clippowicz
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Zog
Blackwing Lair Raider
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Think this is the wrong thread for this...
QQQ closed at the 200D, haven't been tracking the spy but I'm sure it's right there as well.
The fact the narrative is the rate hikes are priced in yet we're now at the point for many tech stocks like AMD and Nvidia are just about where things bounced from back in December when the fear of rate hikes were the narrative and that was still only fear of a quarter hike...
Now the odds of a half point hike are 1 in 3 yet we're climbing...
I think clown world has infected the market and the greed for gains is pushing these prices on nothing more than it's own desire for money. This leaves me paralyzed when the call is clearly to go short but the gains keep coming... Tomorrows CPI report will probably do nothing to give clarity either.
QQQ closed at the 200D, haven't been tracking the spy but I'm sure it's right there as well.
The fact the narrative is the rate hikes are priced in yet we're now at the point for many tech stocks like AMD and Nvidia are just about where things bounced from back in December when the fear of rate hikes were the narrative and that was still only fear of a quarter hike...
Now the odds of a half point hike are 1 in 3 yet we're climbing...
I think clown world has infected the market and the greed for gains is pushing these prices on nothing more than it's own desire for money. This leaves me paralyzed when the call is clearly to go short but the gains keep coming... Tomorrows CPI report will probably do nothing to give clarity either.
Sanrith Descartes
Von Clippowicz
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Since this appears like it's going to run a ways, let's take it to a non-grownup thread.
Sanrith Descartes
Von Clippowicz
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Logic and fundamentals will only take you so far in today's market. You can look at it and see it's ripe for shorting and then Janet Powell gets the call from Biden and whoops he takes a rate hike or two off the chart. Oops. Let's be honest, AMC and GME were proper short targets. But the fuckers got greedy with the naked shorts and pushed the envelope too far.
Kiroy
Marine Biologist
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What a fucking piece of propaganda. Most of it went to "business owners" of fictitious businesses "owned" by a foreign scammers/agents, and then sent overseas to enemy countries. The small piece we got kept our employees payed for three months where we would have otherwise furloughed them because the state made it illegal for us to conduct business.
And it's all a drop in the bucket compared to state and federal unemployment payment scams.
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Mist
Eeyore Enthusiast
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Not true.
PPP cost more than twice what the total cost of all the unemployment expansions cost put together.
Kiroy
Marine Biologist
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You're a fucking idiot if you're a 5%-1% taxpayer and don't use any means necessary to get your money back.
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