OT Stock Market

[d1042]

Dip: this summer (hopefully the Later part, I am not prepared), things are not looking good for the economy of the world.
Dip: let’s say a guy had an audience of 84 million, contacts in the intel community, would you think him a qwack?
He might be, but on the other hand, what if?
Check Phil Godlewski on Rumble. May 5, vlog. Frightening, but stay with it.

 

[NIN Irish]

Dip: this summer (hopefully the Later part, I am not prepared), things are not looking good for the economy of the world.
Dip: let’s say a guy had an audience of 84 million, contacts in the intel community, would you think him a qwack?
He might be, but on the other hand, what if?
Check Phil Godlewski on Rumble. May 5, vlog. Frightening, but stay with it.

Perse, I searched Phil Godlewski. I see he's a leader of Qanon and child predator. What's the reason you follow this guy?

 

[d1042]

Perse, I searched Phil Godlewski. I see he's a leader of Qanon and child predator. What's the reason you follow this guy?

You see wrong. He is attacked and discredited as best the MSM can.
I am not a regular follower. But there are generally 80+ million who are. When he is discussing something I reasearched or prayed about I check him out. He is considered generally creditable. My slant is more biblically traditional. We are on a train & track to the end of this line; in our lifetime (well maybe not mine, but you healthy younger guys/gals).

 

[NIN Irish]

You see wrong. He is attacked and discredited as best the MSM can.
I am not a regular follower. But there are generally 80+ million who are. When he is discussing something I reasearched or prayed about I check him out. He is considered generally creditable. My slant is more biblically traditional. We are on a train & track to the end of this line; in our lifetime (well maybe not mine, but you healthy younger guys/gals).

You've been preaching about the end of times for several years now. Even a few times suggesting we wouldn't make it through the football season. 😂

 

[deadirishpoet]

Dip: this summer (hopefully the Later part, I am not prepared), things are not looking good for the economy of the world.
Dip: let’s say a guy had an audience of 84 million, contacts in the intel community, would you think him a qwack?
He might be, but on the other hand, what if?
Check Phil Godlewski on Rumble. May 5, vlog. Frightening, but stay with it.

Will do

 

[d1042]

You've been preaching about the end of times for several years now. Even a few times suggesting we wouldn't make it through the football season. 😂

Well, save the tears for when I am correct. Certain things are yet to happen before the end. I would not want anyone to believe anything I said unless they came to such a conclusion after their own research. Btw: as to Phil, I am no devotee, he is not always right.

 

[deadirishpoet]

Is anyone else getting on this action with Game Stop?

 

[tbonesays]

Is anyone else getting on this action with Game Stop?

What year is it?

 

[d1042]

Is anyone else getting on this action with Game Stop?

Joe Regular is NOT allowed to rig the market!

 

[deadirishpoet]

Joe Regular is NOT allowed to rig the market!

When roaring Kitty post it's a call
Easiest $8000 I've made in 13 hrs

 

[notredame79]

When roaring Kitty post it's a call
Easiest $8000 I've made in 13 hrs

How??

 

[deadirishpoet]

How??

How is it a call, or how did I make 8 grand?

 

[deadirishpoet]

I tried to post a picture of the meme but it wouldn't install that tells his followers he's serious.
At that point it's time to screw the short sellers

 

[Telx1]

I tried to post a picture of the meme but it wouldn't install that tells his followers he's serious.
At that point it's time to screw the short sellers

I hate making short investments, although I’ve done it. Much prefer opportunities to screw the shorts. That said, much prefer investing over day trading, and this market has been incredibly strong and rewarding.

 

[deadirishpoet]

I hate making short investments, although I’ve done it. Much prefer opportunities to screw the shorts. That said, much prefer investing over day trading, and this market has been incredibly strong and rewarding.

I have money still sitting in long term.....BUT.....that's boring.
To take $26,000 just to see what I can do with it as a day trader , and now 7 months later with $80,000(+) now in feels more rewarding.
That being said. The market is in no way a reflection to the economy with the buy now pay later showing its ugly head so the shoe is going to drop.

 

[Telx1]

I have money still sitting in long term.....BUT.....that's boring.
To take $26,000 just to see what I can do with it as a day trader , and now 7 months later with $80,000(+) now in feels more rewarding.
That being said. The market is in no way a reflection to the economy with the buy now pay later showing its ugly head so the shoe is going to drop.

Yea, I get that. Set aside $25K in the late 90’s and limited myself to $5K investments per, but traded more on weekly than daily. Had fun and it was hard not to make a great return in the hey day of the internet. What we’re seeing in AI is a very similar environment. All bubbles burst, and our economy has been a consumer and services driven economy for decades, just getting more so, and the level of credit card debt is staggering. Used to rail against this twenty years ago, and we’ve only gotten worse as a nation.

 

[tbonesays]

I tried to post a picture of the meme but it wouldn't install that tells his followers he's serious.
At that point it's time to screw the short sellers

Back in the first Gamestop story I was listening to some random AM radio law show. The host said what the reddit people could have been charged with securities crimes.

 

[deadirishpoet]

Yea, I get that. Set aside $25K in the late 90’s and limited myself to $5K investments per, but traded more on weekly than daily. Had fun and it was hard not to make a great return in the hey day of the internet. What we’re seeing in AI is a very similar environment. All bubbles burst, and our economy has been a consumer and services driven economy for decades, just getting more so, and the level of credit card debt is staggering. Used to rail against this twenty years ago, and we’ve only gotten worse as a nation.

That's a great post brother and an excellent comparison

 

[deadirishpoet]

Back in the first Gamestop story I was listening to some random AM radio law show. The host said what the reddit people could have been charged with securities crimes.

In my opinion if they could they would i was a part of that more follow the leads more than anything else, but it made me understand Short Sellers and how wrong that is and the billions they lost I could care less. The same this time as well
I don't get what seemed to be 4 strategic pauses.
The thought of Wall Street policing itself is comical don't you think?

 

[notredame79]

How is it a call, or how did I make 8 grand?

Both, please. Do you mean a call option?

 

[burmafrd1943]

According to the just released minutes of the May FED meeting, they are looking at screwing up the first soft landing ever.

This mania for the 2% solution is beyond stupid

 

[deadirishpoet]

Both, please. Do you mean a call option?

Sorry for the late response, but no I meant if you follow roaring kitty he will be posting some memes with references attached, for example a young man just sitting at a computer meaning interested ( I purchased 250 shares@ $17 per) then the meme would change to the young man leaning toward the computer meaning time to make a move. When the stock started dropping from its peak of $60 I sold @ $50 per share making a profit of $8250
Wish I would of pulled the trigger at $55 per but like Charles Payne said in his book Unbreakable Investor never look back

 

[deadirishpoet]

According to the just released minutes of the May FED meeting, they are looking at screwing up the first soft landing ever.

This mania for the 2% solution is beyond stupid

I don't think there was any chance for a soft landing.
Jamie Dimon said as much 6 months ago
I think that was all smoke and mirrors

 

[burmafrd1943]

I don't think there was any chance for a soft landing.
Jamie Dimon said as much 6 months ago
I think that was all smoke and mirrors

The fed seems hell bent on making sure.

 

[deadirishpoet]

The fed seems hell bent on making sure.

That's for sure

 

[Telx1]

That's for sure

There hasn’t been a time in the past forty years that the Fed hasn’t been criticized for their actions. If they ease up on the money supply and lower rates, they’re subject to criticism by so-called experts for causing inflation. If they tighten the money supply and raise rates, they’re criticized by these same experts for causing a recession. Whatever actions they take 18 months before an election are deemed politically motivated to support the incumbent. Given the incredibly high rate of inflation we were experiencing thanks to excessive deficit spending by both the Trump administration and the Biden administration, I totally expected a worldwide recession due to the speed and extent of rate hikes this Fed passed. Consumer spending and credit card debt are the outliers here. But the fundamental economic problem we face as a country is not the Fed, but rather the Executive Branch and Congress inability or cowardice in getting our level of debt under control.

 

[burmafrd1943]

There hasn’t been a time in the past forty years that the Fed hasn’t been criticized for their actions. If they ease up on the money supply and lower rates, they’re subject to criticism by so-called experts for causing inflation. If they tighten the money supply and raise rates, they’re criticized by these same experts for causing a recession. Whatever actions they take 18 months before an election are deemed politically motivated to support the incumbent. Given the incredibly high rate of inflation we were experiencing thanks to excessive deficit spending by both the Trump administration and the Biden administration, I totally expected a worldwide recession due to the speed and extent of rate hikes this Fed passed. Consumer spending and credit card debt are the outliers here. But the fundamental economic problem we face as a country is not the Fed, but rather the Executive Branch and Congress inability or cowardice in getting our level of debt under control.

That part is a given; both branches of the government have been WILLINGLY going along with this.
But the FED with its idiotic obsession with the 2% goal is THEIR real crime.

 

[Telx1]

That part is a given; both branches of the government have been WILLINGLY going along with this.
But the FED with its idiotic obsession with the 2% goal is THEIR real crime.

Agree that the 2% target as a sacrosanct goal dictating Fed policy in today’s world is asinine.

 

[deadirishpoet]

That part is a given; both branches of the government have been WILLINGLY going along with this.
But the FED with its idiotic obsession with the 2% goal is THEIR real crime.

This is true

 

[deadirishpoet]

Agree that the 2% target as a sacrosanct goal dictating Fed policy in today’s world is asinine.

The problem is the two dynamics that are not part of core inflation, and that's food and fuel/energy

 

[deadirishpoet]

Draft Kings is takingca beating duration Illinois take increase specific to their business

 

[burmafrd1943]

The problem is the two dynamics that are not part of core inflation, and that's food and fuel/energy

which is truly beyond belief that it is accepted; who is able to live without food and fuel?

 

[deadirishpoet]

I hope some of you purchased SalesForce (CRE) during that crazy dip

 

[john0gaunt]

I hope some of you purchased SalesForce (CRE) durging that crazy dip

I’m sure you’re right on CRM, but in my book, AI destroys most enterprise SaaS…

 

[deadirishpoet]

I’m sure you’re right on CRM, but in my book, AI destroys most enterprise SaaS…

Valuetainment had a great podcast on that very statement today, as did Joe Rogan a week ago

 

[d1042]

Crazy day in the precious metals market today…another blip!