Investing General Discussion

Blazin · Oct 9, 2023

Sanrith Descartes said:
All my MIC stocks this morning be like...

Blazin · Oct 9, 2023

I did see a few "we are going to be limit down by morning" posts on twitter last night by financial gurus, and it's not so much that they were wrong its just that the market is rigged, and despite stating that weekly, it slipped their mind momentarily during their bearish call.

Sanrith Descartes · Oct 9, 2023

Blazin said:
I did see a few "we are going to be limit down by morning" posts on twitter last night by financial gurus, and it's not so much that they were wrong its just that the market is rigged, and despite stating that weekly, it slipped their mind momentarily during their bearish call.

I honestly can't believe we are back to earnings season already. Index futures plunging all the way back to the price at noon on Friday. Doesn't anyone understand markets love war?

Jysin · Oct 9, 2023

Limit down? What kind of morons are these? What's the crude saying? "Buy on the bombs"? Typically markets dip and then rally on anything war related. Nevermind the fact that this Israel / Hamas shit has been going on for an eternity and is nothing new. Perhaps the scale of this is bigger, but... same old same old sand pit.

I came in to markets this morning seeing the gap down early premarket thinking to myself: "How many people were caught offsides on Friday"? "How many are going to be viewing this dip as an opportunity to get in where they missed out on Friday?" .. I am bullish for the week, barring some other macro bomb. We have some barriers to new all time highs, but I said risk was to the upside on Friday. Here we are with a dip and second chance to get on a recovery bounce.

It is going to be an interesting earnings season ahead.

OU Ariakas · Oct 9, 2023

Jysin said:
Make that 9% and I will back up the truck.

If I could guarantee 9%/year for the next 20 I would put *literally* every investment dollar I have into it today.

Lightning Lord Rule · Oct 9, 2023

TLT showing signs of slowing the bleeding? It's a small hope, a fool's hope.

Jysin · Oct 9, 2023

Blazin said:
I did see a few "we are going to be limit down by morning" posts on twitter last night by financial gurus, and it's not so much that they were wrong its just that the market is rigged, and despite stating that weekly, it slipped their mind momentarily during their bearish call.

Jysin said:
Limit down? What kind of morons are these? What's the crude saying? "Buy on the bombs"? Typically markets dip and then rally on anything war related. Nevermind the fact that this Israel / Hamas shit has been going on for an eternity and is nothing new. Perhaps the scale of this is bigger, but... same old same old sand pit.

I came in to markets this morning seeing the gap down early premarket thinking to myself: "How many people were caught offsides on Friday"? "How many are going to be viewing this dip as an opportunity to get in where they missed out on Friday?" .. I am bullish for the week, barring some other macro bomb. We have some barriers to new all time highs, but I said risk was to the upside on Friday. Here we are with a dip and second chance to get on a recovery bounce.

It is going to be an interesting earnings season ahead.

For perspective:

Mist · Oct 9, 2023

OU Ariakas said:
If I could guarantee 9%/year for the next 20 I would put *literally* every investment dollar I have into it today.

Nevermind the fact that a bond that good would be sellable at an insane premium as soon as yields went down, right?

Palum · Oct 9, 2023

Mist said:
Nevermind the fact that a bond that good would be sellable at an insane premium as soon as yields went down, right?

Isn't that only assuming they don't decide to print even more money and keep inflating it? You're still just betting we're near peak at that point right?

Mist · Oct 9, 2023

Palum said:
Isn't that only assuming they don't decide to print even more money and keep inflating it? You're still just betting we're near peak at that point right?

Rates going down is one of the main ways money gets 'printed' through the issuance of large amounts of new private debt.

Jysin · Oct 9, 2023

Jysin said:
...

I came in to markets this morning seeing the gap down early premarket thinking to myself: "How many people were caught offsides on Friday"? "How many are going to be viewing this dip as an opportunity to get in where they missed out on Friday?" .. I am bullish for the week, barring some other macro bomb. We have some barriers to new all time highs, but I said risk was to the upside on Friday. Here we are with a dip and second chance to get on a recovery bounce.

...