Investing General Discussion

Creslin

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Feels like every possible metric right now is bad. And the admin/fed are totally asleep at the wheel so it is hard to see when improvemennt will come. Nothing in the near term suggests the fed fixing rates or Biden doing anything constructive about fuel costs.
 

Jysin

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You could be the ECB (Euro Central Bank) today and announce boosted inflation outlook and lowered GDP forecast all the way through 2024.

**While also deciding to leave rates at 0%!!
 
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Creslin

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You could be the ECB (Euro Central Bank) today and announce boosted inflation outlook and lowered GDP forecast all the way through 2024.

**While also deciding to leave rates at 0%!!
Well with markets like these the only way to let their friends grow wealth is by giving them negative real rates funded by the taxpayer.. we aren't much better right now either and won't be even at 2.5% rates.
 

Jysin

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This is like the last company I'd expect to miss. People are chucking money at computer parts.

They were when the free stimulus money was rolling in. Not so much now. You can also see this in graphics card inventories / prices returning to "normal".
15:38 [AMD] CEO Su: Believe we will see a down PC market this year - Investor Day
 

Sanrith Descartes

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This market could quite easily do this same shit into 2023. I barely glance at it these days. I have triggers set to alert me if 2 or 3 stocks I am stalking hit certain lows so I can grab them and the rest I am just sitting right on. Long term hold means long term. I have about 11% cash from profit scalping last month and it's there to fund the names I am stalking.
 

Sanrith Descartes

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DOCU down over 20% after hours on earnings miss. I think I have seen this episode before.

Also - this is why some people in the forum preach to swallow your pride and cut your bad trades early. Knowing when to walk away is just as important as knowing when to buy.
 
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Gravel

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Any time I see an article like this I'm baffled. Apparently a bunch of CFOs think we'll get a recession in 2023. Are they unaware of what a recession is? Unaware that Q1 22 was already negative?

Are they all that fucking stupid and oblivious? It's no wonder the best we can get are Powell and Yellen if these kinds of people are running the companies of this country.

I don't necessarily care about discussing the article as much as wanted to point out how absolutely shocked I am at this kind of drivel.

 
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Gravel

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Also wtf happened during power hour today? Holy shit. Markets were hovering around 0.5-0.8% down all day, and then tacked on an extra 2% in the last hour.
 

Mist

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If people stop buying shit, prices will come down.

Prices are whatever the market will bear and unfortunately due to years of handouts, gross overspending, loose policy, and quite a few legitimate boom years, the market will bear an awful lot.
 
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Creslin

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If people stop buying shit, prices will come down.

Prices are whatever the market will bear and unfortunately due to years of handouts, gross overspending, loose policy, and quite a few legitimate boom years, the market will bear an awful lot.
This is very true, the ultimate truth is two-fold that the market can't fight the fed and it can't fight high energy prices. It couldn't fight the fed in April 2020 when all the fundamentals were shit and we hit all time highs and the V shaped recovery was move like a \| shaped recovery and it can't fight it now when we are tightening. The scary thing is this could last until 2025 when hopefully Biden is ousted and energy policy returns to sanity.

I caution a bit against energy, it probably has a year or two of upside because I really do think Biden wants us to suffer but it is a self immolating investment in that it always crashes it self (after it crashes the economy)
 
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Mist

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This is very true, the ultimate truth is two-fold that the market can't fight the fed and it can't fight high energy prices. It couldn't fight the fed in April 2020 when all the fundamentals were shit and we hit all time highs and the V shaped recovery was move like a \| shaped recovery and it can't fight it now when we are tightening. The scary thing is this could last until 2025 when hopefully Biden is ousted and energy policy returns to sanity.

I caution a bit against energy, it probably has a year or two of upside because I really do think Biden wants us to suffer but it is a self immolating investment in that it always crashes it self (after it crashes the economy)
You realize energy prices are insane everywhere, right? Even slash-and-burn Brazil for fuck's sake? That's Biden's fault too?
 
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Asshat wormie

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You realize energy prices are insane everywhere, right? Even slash-and-burn Brazil for fuck's sake? That's Biden's fault too?
Well Biden reduced supply but demand stayed the same so…yeah?
 
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Creslin

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It's Biden's fault for cutting domestic production and for the retarded response to the Ukraine which, he, as the leader of the free world is responsible for.

I also think he is weak overall and disliked aboard so he hasn't even been able to get OPEC to help out.
 
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Mist

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He could seize and nationalize all US oil companies.
 
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Gravel

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It's Biden's fault for cutting domestic production and for the retarded response to the Ukraine which, he, as the leader of the free world is responsible for.

I also think he is weak overall and disliked aboard so he hasn't even been able to get OPEC to help out.
That's actually the part people miss with the oil talk. Yeah, the domestic production was severely hampered, but bigger is that he basically told the Saudis to fuck off and so they've got no reason to not watch our country burn to the ground.