Yall really believe in PLTR? Government contracts are MID. No consumer to sell anything to? They're not a tech play, they're a defense play. AND you're betting against the world and humanity when you buy it, lulz. I consolidated my high yield accounts to one 250k (insured) and moving into more gold than ever. I don't know where the store of wealth is going to be but I know it wont be USD. We're COOKED. I need to max out my SEP too, might go full microstrategy for a hail mary. In the meantime, I cant be the only one here losing my ass trying to time the WHLR short squeeze, right? Lulz.
They got deals with a bunch non-gov companies that I know of. Pltr is a strong scary company. Trump has giving them full reign. Go watch the new diary of the CeO with the former Google worker and 2073.
exited this bad call on $SPX---trading ~ 6480---, lost $61 ibm is trading ~~ $245, expect it to hit 260 before its next earning, in mid-Oct
based on my amateurish read of the technicals/fundamentals, NFLX is poised for another run up going into the next earnings in mid-Oct; currently trading ~~ $1,223, sold this 120-point credit spread on NFLX, a bullish PUT spread, using Oct 17 expiration buy to open the 1,160 strike PUT sell to open the 1,280 strike PUT collected a premium of $44.90, which defines my max risk of 75.1 risking 75.1 to win 44.9 should NFLX close above $1,280, at the close on Oct 17, i get to keep all the premium collected
The rate cuts will come eventually with or without Powell and when they do. It will be USD's final act. We're on the titanic and yall are deep in the belly trying to find some coal while I'm looking for life rafts.
Explain yourself. When did Ziggy become such a doomer? If your life raft isn't in the shape of a B, you're going down with the titanic
USD has been lit on fire with seemingly no intention to fix it. No financial discipline. No plan. All signs point to a new reserve currency. More imaginary unrealized wealth sitting in the market than ever. No civility. No restrictions on p/e or pooled (inflated) money. Firesale. Final act. Good luck.
Is your opinion coming from Trump's meddling with the Fed on rates and how he's trying to put "yes" men on the board and in the chair? So, when Trump tweets out he wants a rate cut, then they comply like the good little "yes" men and women they are.
Im curious when you came to this conclusion. For me, it was the Affordable Care Act - Only because it was unsustainable and it was clear healthcare has been on a path of consuming a higher portion of GDP YoY. Thats before we start talking about Social Security.
That was 15 years ago, we've got like 2-4 left. Defense spending has been 10x+ of Affordable Care. Citizens United v. FEC passed the same year, that's the one that turned the government into a free market and our "free market" into a firesale. Social Security - just give everyone their money back now so states can start seceding. Don't know where the homerun lift raft is (probably btc for a period) but it isn't China.
as luck would have it . . . this just caught my eye, in a piece about how markets haven't reacted to the Lisa Cook firing. "Trump isn't appointing clowns." unlocked link Why the Market Doesn’t Care Much About Trump Firing the Fed’s Cook Anyone concerned about Trump undermining Fed independence was surely already concerned. Telling Cook that she’s fired adds little new information. https://www.wsj.com/economy/central...3?st=THugbf&reflink=desktopwebshare_permalink excerpt: Trump isn’t appointing clowns. So far at least, there is no sign that Trump is appointing pure yes-men. Sure, two of his first-term appointees, Michelle Bowman and Christopher Waller, voted to cut rates at the last meeting, perhaps to ingratiate themselves with the president ahead of the choice of Powell’s replacement. But voting for cuts was hardly a wild move: The market now expects a cut at the next meeting anyway after Powell talked about weaker growth prospects. And sure, Stephen Miran, the chair of the Council of Economic Advisers, nominated to join the Fed board, has sucked up to Trump’s economic views and is no defender of Fed independence. But none have lobbied to slash rates by the 3 percentage points suggested by the president. His leading candidates to replace Powell as chairman are also well within the mainstream of economics. more at the link
LOL..... ACA? What does that have to do with anything related to the current state of the country's fiscal and monetary situation? I just assume that's some new right wing talking point to justify why have less regulations is better for healthcare.