Jason Posted June 15, 2022 Share Posted June 15, 2022 I just noticed that my brokerage account is now in the red overall. Must have happened within the last few days. Quote Link to comment Share on other sites More sharing options...
GeneticBlueprint Posted June 15, 2022 Share Posted June 15, 2022 3 minutes ago, Jason said: I just noticed that my brokerage account is now in the red overall. Must have happened within the last few days. Mine's been red since the day I started investing. 1 Quote Link to comment Share on other sites More sharing options...
Guest Posted June 15, 2022 Share Posted June 15, 2022 Looks like the markets reacted positively to the news of the rate hike Quote Link to comment Share on other sites More sharing options...
GeneticBlueprint Posted June 15, 2022 Share Posted June 15, 2022 4 minutes ago, sblfilms said: Looks like the markets reacted positively to the news of the rate hike Was about to say. Because even though 13 minutes ago, GeneticBlueprint said: Mine's been red since the day I started investing. Everything is green across the board for me for today. Quote Link to comment Share on other sites More sharing options...
Chris- Posted June 15, 2022 Share Posted June 15, 2022 If your portfolio is older than a year and still red then I have a lot of questions about what exactly you are doing… Quote Link to comment Share on other sites More sharing options...
GeneticBlueprint Posted June 15, 2022 Share Posted June 15, 2022 13 minutes ago, Chris- said: If your portfolio is older than a year and still red then I have a lot of questions about what exactly you are doing… Lots of pot, 3d printing, different software and consumer electronics. But this investment account is only about a year old so yeah. Quote Link to comment Share on other sites More sharing options...
Comet Posted June 15, 2022 Share Posted June 15, 2022 1 hour ago, sblfilms said: Looks like the markets reacted positively to the news of the rate hike So it was all priced in after all or we'll actually feel the effects tomorrow? Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted June 15, 2022 Share Posted June 15, 2022 53 minutes ago, Chris- said: If your portfolio is older than a year and still red then I have a lot of questions about what exactly you are doing… Apes, rockets Quote Link to comment Share on other sites More sharing options...
Jason Posted June 15, 2022 Share Posted June 15, 2022 31 minutes ago, SuperSpreader said: Apes, rockets Slurping red rockets. Quote Link to comment Share on other sites More sharing options...
Ominous Posted June 15, 2022 Share Posted June 15, 2022 I mean rates were well into the teens when I was a kid....but yea fuck that lol. Back then a home was a fraction of what it is today, and people don't have a family plan of cell phones, internet, 19 streaming subscriptions and $60,000 cars to have to fight for from empty dealer lots. Shits going to get worser before it gets better, but it's not all doom and gloom. You know once Trump loses the popular vote for a third time and is re-elected he's going to make gas cheap and supply chains work and get rates into the negative after a few tweets. Quote Link to comment Share on other sites More sharing options...
Massdriver Posted June 15, 2022 Share Posted June 15, 2022 The market's reaction to .75% started on Friday when the inflation report came out. The market going up a bit today is probably a technical algo bounce from oversold conditions coupled with a little relief it wasn't a 1% raise. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted June 15, 2022 Share Posted June 15, 2022 18 minutes ago, Ominous said: You know once Trump loses the popular vote for a third time and is re-elected he's going to make gas cheap and supply chains work and get rates into the negative after a few tweets. One correction: at the rate things are heading, he might legitimately win the popular vote this time. 1 3 Quote Link to comment Share on other sites More sharing options...
Ominous Posted June 15, 2022 Share Posted June 15, 2022 12 minutes ago, Commissar SFLUFAN said: One correction: at the rate things are heading, he might legitimately win the popular vote this time. Sadly this is true. Party in power bad...vote for other letter...ignore who is actually running and the track record on everything. Shit most Americans think that Trump is why gas was under $2 when we were all staying home.....FFFUUUUCCCKKKKKKKK Quote Link to comment Share on other sites More sharing options...
Zaku3 Posted June 15, 2022 Share Posted June 15, 2022 1 hour ago, Ominous said: Sadly this is true. Party in power bad...vote for other letter...ignore who is actually running and the track record on everything. Shit most Americans think that Trump is why gas was under $2 when we were all staying home.....FFFUUUUCCCKKKKKKKK So this is how libery dies. With covfefe. Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted June 16, 2022 Share Posted June 16, 2022 OLO 2 1 Quote Link to comment Share on other sites More sharing options...
SimpleG Posted June 16, 2022 Share Posted June 16, 2022 Not sure if this belongs here Monthly car payments hit record high of $712 in May - ABC News ABCNEWS.GO.COM Monthly car payments hit a record high of $712 in May and the average price of a new vehicle averaged $47,148. 1 Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted June 16, 2022 Share Posted June 16, 2022 49 minutes ago, SimpleG said: Not sure if this belongs here Monthly car payments hit record high of $712 in May - ABC News ABCNEWS.GO.COM Monthly car payments hit a record high of $712 in May and the average price of a new vehicle averaged $47,148. Ppl buying dumb shit tho Quote Link to comment Share on other sites More sharing options...
Guest Posted June 16, 2022 Share Posted June 16, 2022 Or maybe the markets are still grumpy Quote Link to comment Share on other sites More sharing options...
Comet Posted June 16, 2022 Share Posted June 16, 2022 10 hours ago, SimpleG said: Not sure if this belongs here Monthly car payments hit record high of $712 in May - ABC News ABCNEWS.GO.COM Monthly car payments hit a record high of $712 in May and the average price of a new vehicle averaged $47,148. Yikes Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted June 16, 2022 Share Posted June 16, 2022 2 hours ago, sblfilms said: Or maybe the markets are still grumpy Oh, I'd say they're more than a bit grumpy! The bloodletting has resumed today in earnest. Quote Link to comment Share on other sites More sharing options...
rc0101 Posted June 16, 2022 Share Posted June 16, 2022 Rates up mean we park cash in fed funds and munis…doing our part to fight inflation! Quote Link to comment Share on other sites More sharing options...
Signifyin(g)Monkey Posted June 16, 2022 Share Posted June 16, 2022 On 6/15/2022 at 4:30 PM, Massdriver said: The market's reaction to .75% started on Friday when the inflation report came out. The market going up a bit today is probably a technical algo bounce from oversold conditions coupled with a little relief it wasn't a 1% raise. We won't know for awhile, but I also wouldn't be surprised if this is the market looking ahead and anticipating an oncoming episode of stagflation. Labor recruiters I know say they smell a recession coming either in the near or medium-term future--usually that helps stem inflation, but because the current rise in the prices of consumer goods is being fueled by supply chain issues that don't respond to monetary policy channels very well, I don't know if it can be squashed by higher interest rates, higher unemployment and lower wages, like traditional inflationary episodes. So the threat of higher unemployment amidst rising prices is very real IMO. The dollar's been in an uptrend since 2021, though, before the Fed signaled it was going to hike rates; so if that keeps up it might serve as a deflationary cushion to soften the blow. If we do get stagflation I think it will be milder than what we experienced in the 1970s, since the inflation of the 70s was primarily driven by the dollar's prolonged decline after the collapse of Bretton Woods. Not that it's going to help whoever's running Congress or the White House. Quote Link to comment Share on other sites More sharing options...
Jason Posted August 19, 2022 Share Posted August 19, 2022 On 6/13/2022 at 9:26 AM, Jason said: I think I'm at 5 new accounts just for 2022 so far. Now at 10 I think. 11 if BofA approves my application from yesterday. 1 Quote Link to comment Share on other sites More sharing options...
TUFKAK Posted August 19, 2022 Share Posted August 19, 2022 The rich and famous including Tom Brady, Reese Witherspoon and Jared Kushner had their PPP loans forgiven. Is that a scandal or a success? - MarketWatch WWW.MARKETWATCH.COM The ultrawealthy had their Payment Protection Program loans forgiven. Was it a feature or a bug? Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted August 19, 2022 Share Posted August 19, 2022 How the fuck did they get PPP loans Quote Link to comment Share on other sites More sharing options...
rc0101 Posted August 19, 2022 Share Posted August 19, 2022 56 minutes ago, SuperSpreader said: How the fuck did they get PPP loans A business they own was given a PPP loan. They were given out to basically anyone who asked for one and the requirements for receiving forgiveness were low. Quote Link to comment Share on other sites More sharing options...
TUFKAK Posted September 17, 2022 Share Posted September 17, 2022 New ETFs with tickers NANC, KRUZ aim to track lawmakers' stock buys, as ban on congressional trading looks unlikely before midterm elections - MarketWatch WWW.MARKETWATCH.COM An SEC filing outlines a plan for ETFs that track congressional buys and sells of stocks. There's a push to ban such trading, but a ban doesn't look imminent. Down. 1 Quote Link to comment Share on other sites More sharing options...
CayceG Posted September 17, 2022 Share Posted September 17, 2022 Give me the Pelosi ETF. I want to put money into that shit. 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted November 11, 2022 Share Posted November 11, 2022 On 8/18/2022 at 6:24 PM, Jason said: Now at 10 I think. 11 if BofA approves my application from yesterday. I've officially lost count. Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted March 24, 2023 Share Posted March 24, 2023 Popular YouTube Channel Linus Tech Tips Pulled After Scammer Hack KOTAKU.COM The channel featured an Elon Musk cypto ad before it went dark Quote Link to comment Share on other sites More sharing options...
TUFKAK Posted April 26, 2023 Share Posted April 26, 2023 Msft has to be the only reason I’m positive on the year. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted July 15 Share Posted July 15 I have no idea how anyone takes Cathie Woods/ARKK seriously. ”Had we known that the company who makes the hardware that everyone is buying and using to make AI would be the market leader, we wouldn’t have sold it!” Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted July 15 Share Posted July 15 Same girl Same Quote Link to comment Share on other sites More sharing options...
Massdriver Posted August 1 Share Posted August 1 Quote The Dow dropped 716 points, or 1.7%. The S&P 500 shed 1.9%, while the Nasdaq Composite slipped 2.9%. The Russell 2000 index, the small-cap benchmark that has rallied lately, dropped 2.4%. Some fresh data stoked fears over a possible recession and the notion that the Federal Reserve could be too late to start cutting interest rates. Initial jobless claims rose the most since August 2023. And the ISM manufacturing index, a barometer of factory activity in the U.S., came in at 46.8%, worse than expected and a signal of economic contraction. The 10-year Treasury yield broke below 4% for the first time since February. That weak data comes a day after the Fed chose to keep rates at the highest levels in two decades. Fed Chair Jerome Powell did give some investors hope by signaling a September rate cut is on the table Dow slides 700 points, on track for biggest sell-off of 2024: Live updates WWW.CNBC.COM Stocks dropped Thursday as investors weighed the latest corporate earnings reports and economic data. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted August 1 Author Share Posted August 1 Yeah if we could just delay any job losses being reported until Feb 2025 that would be greeeaaat Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.