Is the stock market going to tank?

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09-25-2023, 11:16 PM
TBS

Quote:

Originally Posted by byates1

https://youtu.be/M_leNmT7xvM

Entertaining, funny, and horrifying. Murica.

And he’s not wrong…
09-26-2023, 01:32 AM
summit

Quote:

Originally Posted by byates1

https://youtu.be/M_leNmT7xvM

Entertaining, funny, and horrifying. Murica.

That was 100% worth the watch
09-26-2023, 01:49 AM
liv2ski

Watching that first thought was Medicare for all and PE out.
Second thought, seize PE's $27 trillion in profits and apply to the $33T national debt.
In other words, fuck these parasites.
09-26-2023, 09:50 AM
NakedShorts

2 Attachment(s)

This will need to bounce from here or else.....

Banks, Pensions, CB's, Funds sitting on 30 year paper from 2020 with a 1.25% yield now have lost 52% of the principal. Euro and Japanese versions are worse off.

I did try and warn ya'll

Attachment 470864

Attachment 470865
09-26-2023, 11:56 AM
4matic

Russell 2000 near pre pandemic levels. SPY looks 5-10% lower. 4000~ ish
09-26-2023, 11:59 AM
4matic

Quote:

Originally Posted by NakedShorts

This will need to bounce from here or else.....

Banks, Pensions, CB's, Funds sitting on 30 year paper from 2020 with a 1.25% yield now have lost 52% of the principal. Euro and Japanese versions are worse off.

I did try and warn ya'll

Attachment 470864

Attachment 470865

Does the “dividend master” know what a coupon is?

I’d wager average price to par was considerably lower at times in the early 80’s. In fact, 30y bond “coupon” was almost 11% prior to the 87 crash.
09-26-2023, 06:32 PM
BobMc

Dude’s been claiming the sky is falling for the last couple years, meanwhile the sky has not fallen. Eventually I suppose he’ll be right, right?

Had 246 shares of MMP, they merged with OKE. Ended up with 164 shares of OKE and a little more than 6k in cash ($25/share). MMP yielded well, so that blew my dividends/month down to $470. Picked up 100 shares of MO, put me back up to $504. Tobacco is down big this week, still apprehensive on losing share price but I can’t pass up the 9.3% yield for a dividend king.

I still have another 2k sitting in my account. Trying to sell a $7.50 put on CMPS for .58, if it sells I’ll be fine either way, keep the cash or get the shares at $6.92.
09-26-2023, 08:17 PM
skaredshtles

Quote:

Originally Posted by BobMc

Dude’s been claiming the sky is falling for the last couple years, meanwhile the sky has not fallen. Eventually I suppose he’ll be right, right?

Yep. That's how it works...
09-27-2023, 03:15 PM
byates1

https://www.youtube.com/watch?v=06kJXhOZhLU

dude is great
09-28-2023, 09:04 AM
Timberridge

Gold is selling like $1.50 hot dogs at Costco.

https://www.cnbc.com/2023/09/27/cost...few-hours.html
09-28-2023, 09:41 AM
k2skier112

Quote:

Originally Posted by fastfred

don't worry folks it's coming and it's faster than ya'll think

three weeks from today the middle class the poor the high rollers on credit will all be shaking their piggy bank looking for some coin
oil at $115 a barrel
the false economy based on low interest rates and cheap money for 15 years too long
consumer debt helocs credit cards over priced used cars on loan
and best of all the clowns we elect to represent us will fail to pass a budget they will continue to fling poo at each side as if what they think does anything other than line their personal wealth balance sheet
the shut down will last well into late January they will keep the stalemate up for the election so they can leverage that into a campaign against one another
then you know christmas break and they will all fly home on private jets to celebrate with their families for three weeks
and finally they will come back from that much needed break and be forced to do something since 60% of the country will be suffering by then

our own elected politicians will be crashing the economy for us
what a great country we live in

It's just a very few far right politician's that are trying to crash the economy
09-28-2023, 07:18 PM
Brock Landers

Is the stock market going to tank?

Quote:

Originally Posted by NakedShorts

This will need to bounce from here or else.....

Banks, Pensions, CB's, Funds sitting on 30 year paper from 2020 with a 1.25% yield now have lost 52% of the principal. Euro and Japanese versions are worse off.

]

You do know that pension funds are better off, despite sitting on longer paper, over the last 2 years despite rates increasing right?
09-29-2023, 09:35 PM
NakedShorts

Quote:

Originally Posted by Brock Landers

You do know that pension funds are better off, despite sitting on longer paper, over the last 2 years despite rates increasing right?

Sure and they are still way underfunded!
09-29-2023, 11:39 PM
Brock Landers

Is the stock market going to tank?

Better off than 2 years ago
10-10-2023, 10:06 PM
byates1

https://www.youtube.com/watch?v=4hQ1HvwaeTk

"grinding reality"
10-13-2023, 06:57 PM
4matic

819 days = 117 weeks = 27 months... UNCH

The S&P 500 is exactly where it was 2 years and 3 months ago on Friday, July 16, 2021.
10-13-2023, 08:34 PM
Brock Landers

Quote:

Originally Posted by 4matic

819 days = 117 weeks = 27 months... UNCH

The S&P 500 is exactly where it was 2 years and 3 months ago on Friday, July 16, 2021.

Back when inflation was still transitory!
10-13-2023, 09:40 PM
byates1

No new ath for 10 year s. 2 yrs in ..
10-19-2023, 01:53 PM
4matic

Lots of similarities to October 87 crash. Relentless rate rise and weakness into a weekend. A big down day tomorrow and look out.
10-19-2023, 02:35 PM
byates1

Bring on a rager of a forest fire.
10-19-2023, 02:44 PM
Bunion 2020

Quote:

Originally Posted by byates1

Bring on a rager of a forest fire.

:the_finge
10-19-2023, 03:35 PM
byates1

Time is up for you Gramps. Lock in 5% risk free shit, downsize your life and max and relax
10-19-2023, 03:46 PM
Danno

Quote:

Originally Posted by 4matic

Lots of similarities to October 87 crash. Relentless rate rise and weakness into a weekend. A big down day tomorrow and look out.

so I should put all my money into bitcoin?
10-19-2023, 04:00 PM
byates1

Wait till it pulls back first.

Buy high sell low.
10-19-2023, 04:36 PM
Toadman

Quote:

Originally Posted by Danno

so I should put all my money into bitcoin?

No. Just 50%. Put the rest in T-bills and chill.
10-23-2023, 03:07 PM
stalefish3169

Quote:

Originally Posted by Danno

so I should put all my money into bitcoin?

Looking for an update on this.
10-23-2023, 03:10 PM
Bunion 2020

Don't be shy Danno, pull a home equity loan, sell your car and skis. Go All In.
10-24-2023, 05:54 PM
stalefish3169

$GOOG with the double earnings beat and then tanks. LOL. FML.
10-24-2023, 06:25 PM
yeahman

Quote:

Originally Posted by stalefish3169

$GOOG with the double earnings beat and then tanks. LOL. FML.

Yeah it's tanked from $90 to ~$140 year to date. After hours dip BFD.
10-24-2023, 06:40 PM
BobMc

I was buying it for $84 a year ago next week. It went down because of slowed cloud growth. They did well on everything else, pretty sure ah was a knee jerk. I’ll bet those after hours numbers don’t hold tomorrow.

AMZN reports on Thursday, I’m sure their cloud numbers will be closely watched. I was buying AMZN for $82 that same time period last year as well. AAPL was selling for $125 the first of this year. Tech was a bargain in the last year. I wish I’d picked up META.
10-24-2023, 06:56 PM
yeahman

My dad passed away this summer and left me some Google. Can't decide what to do with it. A smart person would sell most of it and diversify. It's just hard to bet against Google though.
10-24-2023, 08:23 PM
byates1

^truth
10-24-2023, 08:24 PM
Brock Landers

Quote:

Originally Posted by yeahman

A smart person would sell most of it and diversify.

Diworseify
10-24-2023, 09:38 PM
Harry

Quote:

Originally Posted by yeahman

My dad passed away this summer and left me some Google. Can't decide what to do with it. A smart person would sell most of it and diversify. It's just hard to bet against Google though.

I met your Dad, he was cool. Who got that sweet cabin ?
10-24-2023, 10:15 PM
yeahman

Quote:

Originally Posted by Harry

I met your Dad, he was cool. Who got that sweet cabin ?

My sister. It's a 1914 structure that is a money pit but includes great lakefront property. Some of the best sandy beach on the lake. So it appraised high, and we're still working out the details of how we can make it affordable for her and keep it in the family. What happened to your mom's lake house?
10-25-2023, 01:40 PM
4matic

Russell 2k at March 2018 price. Can easily drop another 20-30% in broad decline.
10-25-2023, 06:35 PM
BobMc

Quote:

Originally Posted by BobMc

I was buying it for $84 a year ago next week. It went down because of slowed cloud growth. They did well on everything else, pretty sure ah was a knee jerk. I’ll bet those after hours numbers don’t hold tomorrow.

Hah, I missed that. I just got ahold of some cash, if it drops again tomorrow I’m grabbing a few shares.
10-25-2023, 08:11 PM
Harry

Quote:

Originally Posted by yeahman

My sister. It's a 1914 structure that is a money pit but includes great lakefront property. Some of the best sandy beach on the lake. So it appraised high, and we're still working out the details of how we can make it affordable for her and keep it in the family. What happened to your mom's lake house?

It’s mine now. So I now own 4 pieces of lakefront property on this flowage. Fun to pontoon cruise between them.
10-28-2023, 03:41 PM
NakedShorts

Unfortunately the time has not come to buy just yet.
10-28-2023, 04:46 PM
Cono Este

I’m long, long vol. since early sept.

I will never, ever sell it.

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