Is the stock market going to tank?

[Cono Este]

Some say I don’t contribute much around here, some say I’m crazy, we’ll maybe, but the smart money knows to never trade with me. I’ve given nothing but winners since this tread started. Batted a 1000 for 10 yrs. I dare annyone to find a single post where I was wrong. Even posting my trades the last few months.

That ends today. So I hope I helped some pay for their passes while it was good.

If I know you, dm me.

[bennymac]

Some say I don’t contribute much around here, some say I’m crazy, we’ll maybe, but the smart money knows to never trade with me. I’ve given nothing but winners since this tread started. Batted a 1000 for 10 yrs. I dare annyone to find a single post where I was wrong. Even posting my trades the last few months.

That ends today. So I hope I helped some pay for their passes while it was good.

If I know you, dm me.

[byates1]

It's a wazzy it's a woozy

[summit]

In this thread I found CE's additions interesting, but I'm not going to cry if he doesn't wanna play.

[Kevo]

Core CPI is still higher than FFR.

The market is ripping higher and higher.

Who knows where the top is J Pow pauses tomorrow like the market thinks he will? The market is betting the Fed doesn't want to actually stop inflation.

[J. Barron DeJong]

Core CPI is still higher than FFR.

The market is ripping higher and higher.

Who knows where the top is J Pow pauses tomorrow like the market thinks he will? The market is betting the Fed doesn't want to actually stop inflation.

I think it’s more that the market is betting that the Fed has inflation under control:

[Toadman]

Core CPI is still higher than FFR.

The market is ripping higher and higher.

Who knows where the top is J Pow pauses tomorrow like the market thinks he will? The market is betting the Fed doesn't want to actually stop inflation.

Probably just want to slow walk inflation. Seems like the market is cool with that. DOW 36k for Christmas?

[BobMc]

I’m still plugging along doing my thing. I’ve made back about 2/3rds of the cash I lost on FRC. Apparently buying GOOGL and AMZN in the low $80’s a few months ago was a wise move, as well as AMD at $58. The AAPL shares I was buying at $125 worked out well.

I’m up to $503.61/month in dividends. Bought a little BTI because it’s cheap, been loading up on REITs for the same reason.

I’ve been selling CMPS puts the last few weeks, been buying them back and resetting figuring I’ll be assigned at some point. I like taking the quick cash on a stock I wouldn’t mind having at the strike price.

[yeahman]

I really wonder about the future of GOOGL as a company.

[stalefish3169]

Ha, this looks fun https://twitter.com/benmezrich/statu...14896819142656

Deep Fucking Value

[Bushwacka]

Ha, this looks fun https://twitter.com/benmezrich/statu...14896819142656

Deep Fucking Value

it silly to make a movie about it when its not over yet.

[Kevo]

Market seems to be stoked on the soft landing narrative.

[m2711c]

nice bump for rolls royce today. covered my trip to mammoth last week. so i got that goin’ for me, which is nice.





fact.

[yeahman]

Nice bump for GOOGL too.

[dschane]

Back in January, Jeff Gundlach predicted: "There is no way the Fed is going to 5%. The Fed is not in control. The Bond Market is in control." And that aside, it's interesting that few thought the Fed could pull off a soft landing and, today, few seem to think the Fed doesn't have it in the bag. Bond mkt has been predicting a recession for some time. Is it wrong or early? (Famously quoted from the Big Short: "I may be early, but I'm not wrong" -- Mike Burry. "There's no fucking difference" -- a Mike Burry investor).

Among other forecasts, this one from mid-2022 also stood out (and I thought it possible, and I suppose I still think it possible), but it was bold:

Re-posted for posterity....

Hope is a drug and very powerful one, Hopium can blind you from the truth if you have to much in you.


Recession / Stagflation / Economy Not Working As Planned - Whatever you want to call it is a certainty and very easily forecasted.

Come back to this post circa May 2023 where I say the "market bottoms in the first Quarter 2023 (April)." Do not expect them to bottom the same day but within days or a few weeks.

Dow 29600 and then 25,000 - 26,000
NASDAQ 10800 then 7800 then 7200
S&P 500 3200 then 2800 then 2500
Sh*tCoin 28600 then 17600 then 10400 then 9800 (3rd Quarter Low this Year)
Oil $250+/ barrel by end of 2023

Trade Accordingly. If we loose one level we get support at the next. It is helpful to know where those painful stops actually are though. Markets never move in straight lines.

And yields will need to be higher than inflation before Bonds will work as hoped for any substantial holding period. If inflation remains persistent, as I am laying out, bonds return of capital feature will become decimated by said inflation.

Rising interest rates help unload ships faster? Do farmers grow more wheat with higher rates? Oil companies find more oil with higher rates? The FED does not have the tool kit to fight these problems and Government Polytricksters are not helping because they are dumb.

We have systematic shortages developing in FOOD. That leads to Civil Unrest 100% of the time. Sri Lanka?

Buy some non perishable food you will thank me later.

[skaredshtles]

<snip> but it was bold:

You spelled "totally fuckin' wrong" wrong.

[dschane]

That too.

[SkiLyft]

Whoever said to buy WAL @ 28 thank you. Getting ready to liquidate. What are people selling at?


Sent from my iPhone using TGR Forums

[BobMc]

I was on the wrong side of that bank market trades. Nice work.

If you have 100 shares and want out you already know it’s around $52-53. I’d try to sell a call out of the money for a few weeks time. It looks like you could sell an Aug 11, $53 call for roughly $140. Gets you out at $54.40 or you keep the premium and shares if it stays below $53. It moons and you “lose” money, who cares? You made money.

Your only risk is in a movement downwards, you keep the shares, your $140 and wait to sell it later.

[byates1]

enjoy this little rosy outlook for your kids future. maybe that hot shmoo is right, everything is fucked.

fun times ahead.

[NakedShorts]

Page 3 Bump / Signal the Top is in or Close

We F*cked!

[boltonoutlaw]

enjoy this little rosy outlook for your kids future. maybe that hot shmoo is right, everything is fucked.

fun times ahead.

Fuck American Exceptionalism, and anyone who thinks it exists, or should

[NakedShorts]

Come back to this post circa May 2023 where I say the "market bottoms in the first Quarter 2023 (April)." Do not expect them to bottom the same day but within days or a few weeks.




But Yea still looking for those lower numbers hence my post the other day "We Still F*cked"

[schuss]

enjoy this little rosy outlook for your kids future. maybe that hot shmoo is right, everything is fucked.

fun times ahead.

I love all this bleating about entitlement spending when most of our current deficits are the highly inefficient GW and Trump tax cuts. Drop those and you don't have much growth impact while saving an absurd amount as they were handouts to rich people who don't spend their money.

[skaredshtles]

I love all this bleating about entitlement spending when most of our current deficits are the highly inefficient GW and Trump tax cuts. Drop those and you don't have much growth impact while saving an absurd amount as they were handouts to rich people who don't spend their money.

aLl tHeSe pOoR-PeOpLe pRoGrAmS ArE BaNkRuPtInG OuR CoUnTrY!!