Stock Market/Investing/Day Trading/Speculative Trading Thread

[Faux Sean Callahan]

Sam Adam’s after hours….ouch

Ew down 10%... Never pulled the trigger on it. Luckily.

 

[God is a Husker]

if you're looking for ultra safe I'm long on Nelnet


I am tracking the rest of the year with the holidays as my markers (haloween, thanksgiving, christmas)


people don't get it, they are gonna get paid regardless of what Biden does and they have known the golden goose was ending for years now (they will be ready to pivot and I want in)

 

[LoudHogRider]

if you're looking for ultra safe I'm long on Nelnet


I am tracking the rest of the year with the holidays as my markers (haloween, thanksgiving, christmas)


people don't get it, they are gonna get paid regardless of what Biden does and they have known the golden goose was ending for years now (they will be ready to pivot and I want in)

🤔

Interesting. Is your belief that Biden is going to do more student loan forgiveness and NELNET is going to pivot to _______? I'm truly curious what you're anticipating here.

 

[God is a Husker]

🤔

Interesting. Is your belief that Biden is going to do more student loan forgiveness and NELNET is going to pivot to _______? I'm truly curious what you're anticipating here.

Either Biden does nothing and the Golden Goose of millennials making payments barely above the interests minimums and the money keeps flowing to fund Nelnet’s many other investments.

or

Biden/Harris/somebody gives some sort of student loan “relief” and Nelnet still gets paid BUT (likely) in 1 large lump sum. Given time value of money + the current opportunity to buy due to tons of businesses/properties getting hurt by Covid = Nelnet probably wants Biden and the boys to do a student loan “relief” so they can get a check for a Billion or so and then either stockholders get a dividend or they buy buy buy and the stock goes higher via acquiring existing business.

 

[Faux Sean Callahan]

Did you get some LOVE @Faux Sean Callahan

Above average day though for $LOVE

 

[God is a Husker]

inflation highest in 40 years

crime highest in 40 years

spending highest since end of WW2

Unemployment highest in 40 years

The ole “ignore that, look at my thumb!”

PS: fun fact, Joe Biden had already been a United States Senator for 6 years when Animal House came out.

The inflation continuing to rise and unemployment rising with even more Government paid for ability to remain unemployed (or underemployed) is bigger factor in a future crash than anything.

hence why “Delta is gonna rape and murder your entire family if you don’t let Biden do illegal things” is now the talking point

Example:

The delta is worse than Covid ever was takes have almost 100% been due to Biden’s poor performance in almost every measurable statistic people (media) typically judge a POTUS on.

The only reason it’s not 100% is because there are some true believers nut jobs who don’t understand the con cuz they are huge dorks. (Ex: Brian Seltzer)

PS: not saying I blame Biden for everything, but the delta hysteria is a distraction attempt

But I was told highest inflation in 40 years is totally fine?

 

[BingoDingo]

But I was told highest inflation in 40 years is totally fine?

What does that first chart even show? Are these higher/lower than estimates...is that what they consider a "data surprise"?

I didn't read either article, but I'm certainly not worried about inflation.

 

[God is a Husker]

What does that first chart even show? Are these higher/lower than estimates...is that what they consider a "data surprise"?

I didn't read either article, but I'm certainly not worried about inflation.

I think the chart is about growth dropping off a cliff (we have been below every estimate this year, often way below) and inflation rising higher than Nancy Pelosi's eyebrows.



I'm not worried either, tanking in historic fashion so quickly is great news for Midterms.

 

[BingoDingo]

I think the chart is about growth dropping off a cliff (we have been below every estimate this year, often way below) and inflation rising higher than Nancy Pelosi's eyebrows.



I'm not worried either, tanking in historic fashion so quickly is great news for Midterms.

Yeah, the chart isn't actuals...it's basically estimates vs actuals. Inflation has been higher than expected, growth estimates lower than expected. Not really a meaningful chart at all...or at least not a perspective that we didn't already know.

Inflation discussion will largely subside in late '21 and probably be gone by midterms in '22. I doubt it will be a top 10 issue in midterms. 5-6% growth for '21 and 4.5-5% in '22 is probably not a number the GOP is going to be able to hammer Biden on, lol. They should just keep hammering him on Foreign Policy and Immigration and that should swing the House and Senate.

 

[LoudHogRider]

Futures for the opening bell on Monday currently looking FUGLY, presumably because of the Chinese Tech crackdown. And inflation. Can't forget about inflation. And whatever new variant they're told to start talking about this week. Can't forget about that pesky pandemic.

 

[BingoDingo]

Futures for the opening bell on Monday currently looking FUGLY, presumably because of the Chinese Tech crackdown. And inflation. Can't forget about inflation. And whatever new variant they're told to start talking about this week. Can't forget about that pesky pandemic.

China debt stuff is sort of alarming...plus folks be rotating as they know Power Penis Powell gonna start that real taper talk Wednesday.

 

[Toe]

I'm not even sure "history" applies anymore to the market. I noted that chart ended in 2017, and since that time the market has had an unprecedented run and whipsawed through a global pandemic, followed by an unprecedented flood of cash and Fed purchasing. I have absolutely no faith in trying to "time" a market move in today's financial waters. Buy good companies led by good management with a competitive differentiator in a business segment/sector you believe in and profit.

Those dips look tasty, tho!

You still thinking unprecedented bull run with no September dip?

 

[LoudHogRider]

You still thinking unprecedented bull run with no September dip?

Me tinks the September dip is here, starting today. But I'm still long in equities (amongst other assets).

 

[Faux Sean Callahan]

Futures....

 

[Faux Sean Callahan]

 

[Toe]

Watching my porfolio this morning:

 

[LoudHogRider]

Watching my porfolio this morning:

Yesterday was a FUGLY day to be long in equities. Got a little recovery bounce this morning, but I suspect tomorrow is going to be another big sell-off day as the Chinese markets re-open on Wednesday.

Unless their government interjects themselves into this real estate crisis, things might get ugly overnight and spill over to our markets tomorrow.

Of course it they DO wave a magic “made-in-China” wand over this thing, the markets here will have a nice bounce.

Sell, buy, or sidelines? What’s a poor retiree to do? Volatility creates opportunities. 🤔

 

[Toe]

Could be a great time to buy the dip, but the situation in China definitely adds a layer of uncertainty to it.

 

[BingoDingo]

 

[Jim14510]

No shit. Let me know when they hit the T's