OT Stock Market

[deadirishpoet]

I know there was a post sometime ago, but I can't find it.
First im not a broker or market manager but I learned from gains and loses how to hedge my bets
This market the past 24 months is like nothing I've experienced before in fact you have to be a bit of a day trader which I have found out is quite profitable in today's market
I'm just looking for others opinions in this market today
BTW....stay away from IPO's.....they are not what they use to be

 

[1Redrum]

I agree that if I sold my stocks after every meaningful run up I would be able to buy them back on a dip and rinse and repeat. Would be up significantly more than I currently am. I am heavily concentrated though in Canadian energy stocks which nobody really wants to own as they are severely undervalued. With a buy and hold strategy I am up approx. 23% this year as of today.

 

[IrishMike409]

The past 18 months or so, I’ve gone in aggressively buying dividend stocks. I use the monthly cash flow to add to my portfolio. It’s been fun seeing it grow, as the div stocks can be addicting.

Agree w you, DIP- this market has been pathetic. Excited for a new president and healthier economy.

 

[deadirishpoet]

The past 18 months or so, I’ve gone in aggressively buying dividend stocks. I use the monthly cash flow to add to my portfolio. It’s been fun seeing it grow, as the div stocks can be addicting.

Agree w you, DIP- this market has been pathetic. Excited for a new president and healthier economy.

Dividend stock are tricky but I did that as well the growth no joke has been approx $2000 a month but I'm not familiar with day trading hiccups like Central Banks speaking to the media and how the people in the know affect the market
What makes it more nerve racking is the people that have been doing this for decades are as of recent time just wrong on their projections......buy, sale, hard landings, soft landings......ugh

 

[BGI User 756]

The left still claim it’s a great market…lol

“The best economy in the world” is the tag line

 

[DieHard_Irish]

The past 18 months or so, I’ve gone in aggressively buying dividend stocks. I use the monthly cash flow to add to my portfolio. It’s been fun seeing it grow, as the div stocks can be addicting.

Agree w you, DIP- this market has been pathetic. Excited for a new president and healthier economy.

Yeah it's the President's fault. Jesus Christ is every freaking thing political? You do realize that our inflation rate is lower than all the other developed countries, yes? And unemployment is at a consistent all time low, yes?

 

[ivan brunetti]

The left still claim it’s a great market…lol

“The best economy in the world” is the tag line

It isn't great nor is it terrible. Pretty much in the middle, with some metrics bad and some quite strong.

 

[deadirishpoet]

The left still claim it’s a great market…lol

“The best economy in the world” is the tag line

I'm not sure what to name of it.
The strikes are hurt the auto industry and part distributors
The securities (not bonds, notes, gas investment) but companies like Crowd Strike PANW) are taking off
Still to much free money in the economy but it will be difficult to correct on the short term because the fed started to late and correct too
fast
The 10 yr yields were high but few are buying because tech is resilient and there's money to be made.
Normally its a no Brainer and bonds would be the safe move but, that's what's so unique about this situation the street is fighting back and the people who are use to the following what normally work are scratching their heads.
The printing money needs to stop
I don't care republican or democrat put out a balanced budget.....everyone will take a hit but such is life because at some point the music will stop and the chairs are few and far between now

 

[deadirishpoet]

Yeah it's the President's fault. Jesus Christ is every freaking thing political? You do realize that our inflation rate is lower than all the other developed countries, yes? And unemployment is at a consistent all time low, yes?

Congress is in control of the money though the president can move money already around

 

[deadirishpoet]

Yeah it's the President's fault. Jesus Christ is every freaking thing political? You do realize that our inflation rate is lower than all the other developed countries, yes? And unemployment is at a consistent all time low, yes?

You are incorrect about the interest rate. This was a self inflicted wound
I dont give a crap about the other countries money problems. This is the biden administration fault......there's to much free money in the economy that's undisputed.
The fed intervene to late and oriented too fast which jamed up the housing market

 

[deadirishpoet]

It isn't great nor is it terrible. Pretty much in the middle, with some metrics bad and some quite strong.

The fed handled this poorly and your post is correct.
I'm guessing the FED pauses, but that will keep the rates higher longer and the central banks will make money hand over fist and cry about it

 

[BGI User 756]

Yeah it's the President's fault. Jesus Christ is every freaking thing political? You do realize that our inflation rate is lower than all the other developed countries, yes? And unemployment is at a consistent all time low, yes?

Lol. The economy comparison is amateur hour. Who cares about those other countries, we supply money all around the world. (Quick check the aid to Ukraine or NATO as examples).

The US economy still is better than every other and has been since the advent of capitalism. Comparing to the rest of the world is a major DEFLECTION. It obviously worked on you.

Interest rates? Consumer price index? You like paying 40% more for your staples since 2021?

It all starts with the price of oil. And that starts with Joe’s first days in office. He shutoff fracking and drilling and permits, etc and etc. If the US would drill for the oil under our land, the price of oil and energy and transportation and farming and ALL would be much lower. Simple concept that you miss.

Lol on unemployment. One more fact that slips you. The so called unemployment rate is so low because it’s the way it’s measured. If you really think there are more people gainfully employed than in 2021 not sure what to tell you.

 

[ivan brunetti]

The fed handled this poorly and your post is correct.
I'm guessing the FED pauses, but that will keep the rates higher longer and the central banks will make money hand over fist and cry about it

IMO, the Fed's poor handling was in continuing to cut rates and keep them near record lows when the economy was doing well. I approve of the higher rates for now. I think they should keep them around this level for a while and not look to drop them just to prop up the stock market.

 

[Chitown11]

Lol. The economy comparison is amateur hour. Who cares about those other countries, we supply money all around the world. (Quick check the aid to Ukraine or NATO as examples).

The US economy still is better than every other and has been since the advent of capitalism. Comparing to the rest of the world is a major DEFLECTION. It obviously worked on you.

Interest rates? Consumer price index? You like paying 40% more for your staples since 2021?

It all starts with the price of oil. And that starts with Joe’s first days in office. He shutoff fracking and drilling and permits, etc and etc. If the US would drill for the oil under our land, the price of oil and energy and transportation and farming and ALL would be much lower. Simple concept that you miss.

Lol on unemployment. One more fact that slips you. The so called unemployment rate is so low because it’s the way it’s measured. If you really think there are more people gainfully employed than in 2021 not sure what to tell you.

THIS

 

[deadirishpoet]

Lol. The economy comparison is amateur hour. Who cares about those other countries, we supply money all around the world. (Quick check the aid to Ukraine or NATO as examples).

The US economy still is better than every other and has been since the advent of capitalism. Comparing to the rest of the world is a major DEFLECTION. It obviously worked on you.

Interest rates? Consumer price index? You like paying 40% more for your staples since 2021?

It all starts with the price of oil. And that starts with Joe’s first days in office. He shutoff fracking and drilling and permits, etc and etc. If the US would drill for the oil under our land, the price of oil and energy and transportation and farming and ALL would be much lower. Simple concept that you miss.

Lol on unemployment. One more fact that slips you. The so called unemployment rate is so low because it’s the way it’s measured. If you really think there are more people gainfully employed than in 2021 not sure what to tell you.

The petro dollar was a mistake.
Not sure why Nixon did that.
This crisis was indeed a self inflicted wound

 

[deadirishpoet]

IMO, the Fed's poor handling was in continuing to cut rates and keep them near record lows when the economy was doing well. I approve of the higher rates for now. I think they should keep them around this level for a while and not look to drop them just to prop up the stock market.

Makes you wonder why the central banks and the FED are up to

 

[DieHard_Irish]

You are incorrect about the interest rate. This was a self inflicted wound
I dont give a crap about the other countries money problems. This is the biden administration fault......there's to much free money in the economy that's undisputed.
The fed intervene to late and oriented too fast which jamed up the housing market

No, the market was flooded with money during the Trump Administration, related to covid, and yes the Biden Administration also floated money into he economy. Jobs and industries were saved at the time. Now you can try and rewrite history, particularly when facts don't support your argument. The facts are still the facts, interest rates are higher, but nothing even close to they were in the 80's (I know, I lived it) and employment is at record highs.

 

[DieHard_Irish]

Lol. The economy comparison is amateur hour. Who cares about those other countries, we supply money all around the world. (Quick check the aid to Ukraine or NATO as examples).

The US economy still is better than every other and has been since the advent of capitalism. Comparing to the rest of the world is a major DEFLECTION. It obviously worked on you.

Interest rates? Consumer price index? You like paying 40% more for your staples since 2021?

It all starts with the price of oil. And that starts with Joe’s first days in office. He shutoff fracking and drilling and permits, etc and etc. If the US would drill for the oil under our land, the price of oil and energy and transportation and farming and ALL would be much lower. Simple concept that you miss.

Lol on unemployment. One more fact that slips you. The so called unemployment rate is so low because it’s the way it’s measured. If you really think there are more people gainfully employed than in 2021 not sure what to tell you.

Spin all you want; your agenda is your agenda, and nothing I'd post here would quickly educate you, so let's just mature about it and agree to disagree.

 

[Chitown11]

No, the market was flooded with money during the Trump Administration, related to covid, and yes the Biden Administration also floated money into he economy. Jobs and industries were saved at the time. Now you can try and rewrite history, particularly when facts don't support your argument. The facts are still the facts, interest rates are higher, but nothing even close to they were in the 80's (I know, I lived it) and employment is at record highs.

OK, employment is high but wages are down. Why? Because inflation is thru the roof. Why? Because we printed tons and tons of money due to that stupid 2.3 TRILLION dollar so called "build back better BS" which was nothing but a bunch of "green" environmental BS that they disguised as "infrastructure" which was a small percentage of the 2.3 TRILLION dollars. Interest rates have to raise in order to keep inflation climbing higher and higher. Some of you clowns need to learn economics. Oh wait, AOC was an economics major at Boston U. That university should be shut down. The bimbo is a socialist MORON, but please keep drinking the koolaide and believing that this is Trumps fault, LMFAO

 

[ivan brunetti]

OK, employment is high but wages are down. Why? Because inflation is thru the roof. Why? Because we printed tons and tons of money due to that stupid 2.3 TRILLION dollar so called "build back better BS" which was nothing but a bunch of "green" environmental BS that they disguised as "infrastructure" which was a small percentage of the 2.3 TRILLION dollars. Interest rates have to raise in order to keep inflation climbing higher and higher. Some of you clowns need to learn economics. Oh wait, AOC was an economics major at Boston U. That university should be shut down. The bimbo is a socialist MORON, but please keep drinking the koolaide and believing that this is Trumps fault, LMFAO

Wages have been growing more than inflation for the past six months. Doesn't fix everything, but it is a good trend.

link

 

[DieHard_Irish]

OK, employment is high but wages are down. Why? Because inflation is thru the roof. Why? Because we printed tons and tons of money due to that stupid 2.3 TRILLION dollar so called "build back better BS" which was nothing but a bunch of "green" environmental BS that they disguised as "infrastructure" which was a small percentage of the 2.3 TRILLION dollars. Interest rates have to raise in order to keep inflation climbing higher and higher. Some of you clowns need to learn economics. Oh wait, AOC was an economics major at Boston U. That university should be shut down. The bimbo is a socialist MORON, but please keep drinking the koolaide and believing that this is Trumps fault, LMFAO

So inflation wasn't at all effected by the unpaid for $ 2 Trillion dollar tax cuts, that were placed right onto the debt; the fact that the previous administration added more to the debt then any other 4 year administration. That's all ok. Oh and in case you missed it "build back better" didn't pass. Infrastructure did pass on a bipartisan basis. Please do get your facts straight before blaming AOC. Your FoxNews washed brain is damn near embarrassing. I suggest you look stuff up before posting uninformed bullshit. Oh and yes correct me if I'm wrong but wasn't it FoxNews that was hit with an $800 million lawsuit for being "full of shit" I'm certain I recall that correctly.

 

[deadirishpoet]

No, the market was flooded with money during the Trump Administration, related to covid, and yes the Biden Administration also floated money into he economy. Jobs and industries were saved at the time. Now you can try and rewrite history, particularly when facts don't support your argument. The facts are still the facts, interest rates are higher, but nothing even close to they were in the 80's (I know, I lived it) and employment is at record highs.

This is untrue. Its you who are rewriting history.
No jobs and industries were saved.
The virus happened under Trump and it being caution needed to be happen but into the biden administration the vail was coming off with the and was being exposed no matter how much the federal government with their partners in the media and big tech tried to keep the facade going.
The Twitter files exposed the charade.
They were paying hospital for covid patients and got even more money if they went on ventilators and then part for funeral expenses
They were paying people not to work

Trump has proposed between $530 billion and $870 billion of additional spending and tax relief to address the current public health and economic crisis, with a central estimate of $650 billion President Biden has proposed between $2.0 trillion and $4.2 trillion of additional measures to address the crisis, with a central estimate of $3.1 trillion and let's not forget about the trillions in the Heros Act and the Cares Act.
That free money is still floating around.
Then biden put a hault on the energy industries those two combined caused the the issues we are still feeling today and don't get me started with the ESG con

 

[Terry Jillery]

IMO, the Fed's poor handling was in continuing to cut rates and keep them near record lows when the economy was doing well. I approve of the higher rates for now. I think they should keep them around this level for a while and not look to drop them just to prop up the stock market.

They will drop them so your boy can stay in office. Probably in like 8 months.

 

[raulduke_007]

Lol. The economy comparison is amateur hour. Who cares about those other countries, we supply money all around the world. (Quick check the aid to Ukraine or NATO as examples).

The US economy still is better than every other and has been since the advent of capitalism. Comparing to the rest of the world is a major DEFLECTION. It obviously worked on you.

Interest rates? Consumer price index? You like paying 40% more for your staples since 2021?

It all starts with the price of oil. And that starts with Joe’s first days in office. He shutoff fracking and drilling and permits, etc and etc. If the US would drill for the oil under our land, the price of oil and energy and transportation and farming and ALL would be much lower. Simple concept that you miss.

Lol on unemployment. One more fact that slips you. The so called unemployment rate is so low because it’s the way it’s measured. If you really think there are more people gainfully employed than in 2021 not sure what to tell you.

US Oil Production is at an alltime high.

 

[deadirishpoet]

Wages have been growing more than inflation for the past six months. Doesn't fix everything, but it is a good trend.

link

Wages are not keeping up with inflation

 

[deadirishpoet]

US Oil Production is at an alltime high.

View embedded media

Now why do you think that is?

 

[ivan brunetti]

Wages are not keeping up with inflation

Read the chart in the link. Wages are growing at a rate higher than inflation in the past six months. Maybe not YOUR wages, but on average.

 

[deadirishpoet]

So inflation wasn't at all effected by the unpaid for $ 2 Trillion dollar tax cuts, that were placed right onto the debt; the fact that the previous administration added more to the debt then any other 4 year administration. That's all ok. Oh and in case you missed it "build back better" didn't pass. Infrastructure did pass on a bipartisan basis. Please do get your facts straight before blaming AOC. Your FoxNews washed brain is damn near embarrassing. I suggest you look stuff up before posting uninformed bullshit. Oh and yes correct me if I'm wrong but wasn't it FoxNews that was hit with an $800 million lawsuit for being "full of shit" I'm certain I recall that correctly.

Build Back Better did no such thing

 

[raulduke_007]

Now why do you think that is?

1. We have the capability for production & oil prices are sky high & US corp are capitalizing by exporting it.
2. OPEC & South American countries have artifically driven up oil prices, big corps have artificially driven up their sale prices & keeps inflation higher than its needs to be.
3. Outside of Fed raising interest rates or Congress trying to pass an anti gauging law (which I would never advocate because of the unintended consquences) were pretty much at the mercy of these sh!tbirds.

 

[ivan brunetti]

They will drop them so your boy can stay in office. Probably in like 8 months.

Dropping rates by a quarter or a half point next June won't help Biden all that much.

 

[raulduke_007]

Dropping rates by a quarter or a half point next June won't help Biden all that much.

Democratic Presidents have presided over the creation of something like 46 mil of the last 50 mil jobs since Bush 1 Historically jobs, stock market, GDP have all performed better under Dem leadership, yet the public thinks Republicans handle the economy better. Voters of both parties love lower taxes until the bill comes due. Then we start digging overselves out of hole only to to put ourselves back into it by electing the Republican thinking on the economy. Its a glitch that wont be fixed anytime soon. I dont think Trump can win but no way we go 12 years of Dem Presidents.

 

[deadirishpoet]

1. We have the capability for production & oil prices are sky high & US corp are capitalizing by exporting it.
2. OPEC & South American countries have artifically driven up oil prices, big corps have artificially driven up their sale prices & keeps inflation higher than its needs to be.
3. Outside of Fed raising interest rates or Congress trying to pass an anti gauging law (which I would never advocate because of the unintended consquences) were pretty much at the mercy of these sh!tbirds.

You are forgetting an important part......

It was halted by the biden administration
We bought oil from Russia while supplying arms and cash to Ukraine ....can't make that stuff up
But seeing the SPR I record low and you need oil for things other than fuel like electric vehicles (another thing you can't make up)along with most thing made

You notice we are not energy independent like we use to some 3 yrs ago

 

[deadirishpoet]

Democratic Presidents have presided over the creation of something like 46 mil of the last 50 mil jobs since Bush 1 Historically jobs, stock market, GDP have all performed better under Dem leadership, yet the public thinks Republicans handle the economy better. Voters of both parties love lower taxes until the bill comes due. Then we start digging overselves out of hole only to to put ourselves back into it by electing the Republican thinking on the economy. Its a glitch that wont be fixed anytime soon. I dont think Trump can win but no way we go 12 years of Dem Presidents.

Most being Goverment jobs .....you know the ones that don't make anything and part-time jobs

 

[raulduke_007]

You are forgetting an important part......

It was halted by the biden administration
We bought oil from Russia while supplying arms and cash to Ukraine ....can't make that stuff up
But seeing the SPR I record low and you need oil for things other than fuel like electric vehicles (another thing you can't make up)along with most thing made

You notice we are not energy independent like we use to some 3 yrs ago

We could actually be energy indy but the US corps choose to export more barrels than we keep domestically. Currently the US is producing more barrels of oil than any country in the world. OPEC is screwing us.

 

[BGI User 756]

Spin all you want; your agenda is your agenda, and nothing I'd post here would quickly educate you, so let's just mature about it and agree to disagree.

The irony of this post.

Why was it Joe dipped into the strategic reserve? And asked Venezuela and Iran to increase production? Lol

 

[BGI User 756]

We could actually be energy indy but the US corps choose to export more barrels than we keep domestically. Currently the US is producing more barrels of oil than any country in the world. OPEC is screwing us.

It’s simple supply and demand. Open up our resources and OPEC chokes. The US is sitting on 400 years of oil supply.

 

[BGI User 756]

You are forgetting an important part......

It was halted by the biden administration
We bought oil from Russia while supplying arms and cash to Ukraine ....can't make that stuff up
But seeing the SPR I record low and you need oil for things other than fuel like electric vehicles (another thing you can't make up)along with most thing made

You notice we are not energy independent like we use to some 3 yrs ago

This. Really that simple. Joe created problem, blames others, and then tries to buy our way out of it. Ain’t working.

Just like the southern border. After 6 million illegals since January 2021, now Joe is building the border wall. Amazing what happened when the blue states said they couldn’t handle the influx

 

[DieHard_Irish]

Most being Goverment jobs .....you know the ones that don't make anything and part-time jobs

You do know that the military, in and pit of uniform, is a government job that doesn't make anything, yes? So while your disparaging government employees, take a moment and think on that. And I'm certain you know that most private sector jobs don't make anything as well; you know that to, yes?

 

[DieHard_Irish]

You are forgetting an important part......

It was halted by the biden administration
We bought oil from Russia while supplying arms and cash to Ukraine ....can't make that stuff up
But seeing the SPR I record low and you need oil for things other than fuel like electric vehicles (another thing you can't make up)along with most thing made

You notice we are not energy independent like we use to some 3 yrs ago

Energy independent 3 years ago? You can't possibly be this stupid; ah hell, maybe you can.

 

[BGI User 756]

We could actually be energy indy but the US corps choose to export more barrels than we keep domestically. Currently the US is producing more barrels of oil than any country in the world. OPEC is screwing us.

We can produce even more….