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Sanrith Descartes

Sanrith Descartes

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tugofpeace said:
I'm tired of this shit, I wish the market would behave rationally for once and let companies come back down to realistic valuations. It's a casino at this point completely devoid of any fundamentals or sense of reality, and it's frustrating.
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first time GIF
 
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Sanrith Descartes

Sanrith Descartes

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Today feels like one of these days when the futures are wrong. Like we get the futures telling us flat or green into the open and then we see a large waterfall move downward once we go live.
 
Lambourne

Lambourne

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I was going to buy the dip but it looks like everyone else was too. Most European markets opened lower but they bounced back to zero in an hour or two.
 
Rod-138

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Doing some decent chunks into SEP / after tax account, but going to just sit on the cash and let the week play out. Seems a little too much bullshit is brewing and I'll just DCA it in over a few weeks if nothing changes.

Other kind of random stuff - there's a NYU study that was published for expected growth by sector and while some of the numbers are a bit wonky, some of them make sense. If you want to check it out, just search NYU growth per sector and it comes up. There's a 5 year and 2 year on each sector. Things like construction supplies blowing up over 2 years make sense with a falling rate + reigniting of the house industry - so you could target a HD / CMI if you are into that kind of thing and believe in the potential. It also has coal as a 400% growth, but I'm not sure how the fuck it came up with that one, but its data and you can always make something of it.
 
Tmac

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tugofpeace said:
I'm tired of this shit, I wish the market would behave rationally for once
Click to expand...

This is one of the major rules though. "The market can remain irrational longer than you can remain solvent".

If the basic rules frustrate you, I hope you aren't "playing the market" and are just DCA'ing into the SPY.
 
tugofpeace

tugofpeace

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Tmac said:
This is one of the major rules though. "The market can remain irrational longer than you can remain solvent".

If the basic rules frustrate you, I hope you aren't "playing the market" and are just DCA'ing into the SPY.
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Yes, I just DCA but I do dabble in CSP/CC
 
tugofpeace

tugofpeace

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Lightning Lord Rule said:
30 year sandwich loans are coming. CDO's for cups of coffee are after that.
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$10 loan on a burrito would pay out $12 in interest over the life of a 30 year loan @ 6% interest. Banks would make a lot

That's like a $.06 monthly payment, it might actually cure the homeless problem lmao
 
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Lightning Lord Rule

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TomServo said:
I would like to buy a securitized latte product. Preferably machiatto with a 5 year maturation.
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'I have some coffee CDOs for sale, any takers?'

'Maybe, where they from? Colombia? Chile?'

'No, these are from a Seattle suburb with lots of students pulling all nighters, very hot!'

'... ...'
 
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Foler

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