Search found 379 matches

by Corsair
Sat Aug 08, 2020 11:38 am
Forum: Investing - Theory, News & General
Topic: Gold continues to soar!
Replies: 95
Views: 4554

Re: Gold continues to soar!

Gold is likely to continue higher, MUCH HIGHER... on a fundamental level, every government is printing billions of dollars or more to deal with covid, stimulus, etc and the global economy is getting very weak, on a technical level, gold finally broke it's all time high from 2011, so I expect this b...
by Corsair
Thu Aug 06, 2020 8:20 pm
Forum: Investing - Theory, News & General
Topic: Gold continues to soar!
Replies: 95
Views: 4554

Re: Gold continues to soar!

Keeps going up day after day, along with silver. Actually concerning, what is going on behind the scenes
by Corsair
Thu Jul 23, 2020 1:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Fed broadens firms it will transact with on 3 loan programs. Markets going back up

:beer
by Corsair
Thu Jul 23, 2020 12:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19474
Views: 2696997

Re: U.S. stocks in free fall

Nasdaq down -2%. Where is the plunge protection team!? Someone call Powell and Kudlow
by Corsair
Thu Jul 23, 2020 11:22 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19474
Views: 2696997

Re: U.S. stocks in free fall

Dollar index went below the March low, now back to 2018 levels. Gold meanwhile is going up approaching $1900. Losing purchasing power sucks
by Corsair
Wed Jul 22, 2020 3:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Gufomel wrote:
Wed Jul 22, 2020 3:45 pm
Tesla :mrgreen: :mrgreen: :mrgreen:
TSLA records profit due again to government regularity tax credits. So much accounting wizardly
by Corsair
Wed Jul 22, 2020 1:17 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

J G Bankerton wrote:
Tue Jul 21, 2020 8:07 pm
Corsair wrote:
Tue Jul 21, 2020 7:35 pm
Silver today +13% :shock: 7 year high

Gold approaching 1,850 oz :shock:
Word on the street there is the people who sold in March still have cash and don't know what to do with it.
Or Robinhood traders have discovered it
by Corsair
Tue Jul 21, 2020 7:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Silver today +13% :shock: 7 year high

Gold approaching 1,850 oz :shock:
by Corsair
Tue Jul 21, 2020 1:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Nasdaq reversing :moneybag OMG, my value, growth and S&P 500 are all green. Even foreign is up, this is truly a glorious day where the tide lifts all boats. :greedy My TIPS and nominal bonds fund boats are also cheerfully being lifted. Oh yeah, gold too. Kinda wish safe havens weren't joining the r...
by Corsair
Tue Jul 21, 2020 12:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Gold just hit $1843 oz today. M2 money supply is shooting up. Food prices are up this year. More helicopter money is coming. Lots of great videos with Yellen explaining how electronically printing money and using it buy short term treasuries won't impact inflation. I'm more worried about 2021 than ...
by Corsair
Tue Jul 21, 2020 10:55 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

That's pretty good! He left out the bankruptcies, though. Gonna be a long hot summer. P.S. A month ago you couldn't tell whether people were greedy or fearful, but it seems really obvious now. What is the alternative? Sit in cash and watch it lose purchasing power due to the Fed and Treasury printi...
by Corsair
Tue Jul 21, 2020 10:23 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

M2 money supply :beer

Image
by Corsair
Mon Jul 20, 2020 11:30 pm
Forum: Investing - Theory, News & General
Topic: Were You Around During Dotcom Bubble?
Replies: 182
Views: 11284

Re: Were You Around During Dotcom Bubble?

FWIW, some interesting comments from Mark Cuban, who famously liquidated his big holdings in Yahoo! at an opportune time, before the bubble burst. https://www.marketwatch.com/story/billionaire-mark-cuban-says-stock-market-tech-rally-very-similar-to-tech-bubble-my-19-year-old-niece-is-asking-me-what...
by Corsair
Wed Jul 15, 2020 10:53 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

The vaccine pump didn't last long... guess the rinse/repeat must be wearing off its effect.
by Corsair
Wed Jul 15, 2020 10:15 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Awesome to see Goldman Sachs "earnings blow past the Street on the best trading results in years"

The Fed steps into save the markets with massive debt monetization and Goldman Sachs reaps windfall profits :beer

https://www.cnbc.com/2020/07/15/goldman ... -2020.html
by Corsair
Mon Jul 13, 2020 3:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19474
Views: 2696997

Re: U.S. stocks in free fall

"Nasdaq 100 rallied more than 2% intraday to set an all-time high, then reversed to close down by more than 1%.

Happened twice. Today was one. March 7th, 2000 was the other."

:o
by Corsair
Mon Jul 13, 2020 2:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

TSLA margin raised (TD). Party poopers!
by Corsair
Mon Jul 13, 2020 1:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

lostdog wrote:
Mon Jul 13, 2020 1:22 pm
Robot Monster wrote:
Mon Jul 13, 2020 1:19 pm
lostdog wrote:
Mon Jul 13, 2020 1:13 pm
losing steam
Noooo! Somebody do something! Why is my Microsoft stock in the red? This is terrible.
Tesla dropped like a bomb
People will "buy the dip!!"
by Corsair
Mon Jul 13, 2020 12:30 pm
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 521
Views: 21264

Re: Why is the stock market up? [thread multi-merge]

TGA balance is at $1.63 trillion . Look at the chart, its straight vertical. https://fred.stlouisfed.org/series/WTREGEN What happens when it reverses? I would assume the currency in circulation in US would go up. This would "juice" everything including stocks. What are the odds this happens right be...
by Corsair
Mon Jul 13, 2020 10:32 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

TSLA up another 14%. Musk is now the 5th richest person and TSLA is the 10th biggest US stock. & people are still saying we're not in a bubble LOL Stagflation here we come? Yeah Tesla's price movement has made 0 sense all year. We shouldn't see a stock move 15% on no news. Its moved more than 15% o...
by Corsair
Mon Jul 13, 2020 10:07 am
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 521
Views: 21264

Re: How is this possible -- stock market continues to soar.

Stagflation due to money printer going brrrrrr
by Corsair
Mon Jul 13, 2020 9:59 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

TSLA up another 14%. Musk is now the 5th richest person and TSLA is the 10th biggest US stock.

& people are still saying we're not in a bubble LOL

Stagflation here we come?
by Corsair
Sun Jul 12, 2020 6:16 pm
Forum: Investing - Theory, News & General
Topic: Gold as Part of a Portfolio?
Replies: 161
Views: 8461

Re: Gold as Part of a Portfolio?

it seems like the argument you're making is whether gold is better than bills. I'm not really in favor of either because neither is going to help me meet my long term goals. I own stocks and intermediate bonds. The cash in my bank is for emergencies and I don't expect a return on that. I expect it ...
by Corsair
Fri Jul 10, 2020 11:25 pm
Forum: Investing - Theory, News & General
Topic: Gold as Part of a Portfolio?
Replies: 161
Views: 8461

Re: Gold as Part of a Portfolio?

expense ratio of short term tips fund with vanguard is 0.06% (regular tips 0.10%) vs. 0.25% for iau (cheapest gold etf) and it's designed to deal with inflation, unlike gold which may or may not be an inflation hedge. The cheapest (and best) way to hold gold is BullionVault: 0.12%. The security of ...
by Corsair
Fri Jul 10, 2020 9:36 pm
Forum: Investing - Theory, News & General
Topic: Gold as Part of a Portfolio?
Replies: 161
Views: 8461

Re: Gold as Part of a Portfolio?

https://imgur.com/stz6Zmj.png 1) Anyone who invested in gold at any time shown in the chart, who is still holding it now, has made a lot of money. Except the people who bought it at the peak around ~2011. Well they could have listened to Warren Buffet who said he would rather buy XOM in 2012 becaus...
by Corsair
Tue Jul 07, 2020 11:05 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Why buy QQQ or the S&P? Why not FAAMNG or FANGMAN? They are basically the stock market right now.

FANGMAN has a market cap equal to the combined GDP of Germany and the UK.

They seem to be too big to fail.

Image
by Corsair
Tue Jul 07, 2020 10:07 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

LOL seeing people on here now chasing QQQ Seems like 2000 but its every era thinks its "different this time" yet history repeats across centuries. Will be something when the dollar loses its reserve currency and we Americans lose that privilege. TSLA is up another 1% :beer +50% on no news in one wee...
by Corsair
Mon Jul 06, 2020 10:20 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

AMZN hits $3000. TSLA $1300. :beer

<Insert picture of Jerome Powell laughing>
by Corsair
Mon Jul 06, 2020 8:41 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Here comes another 400+ on the Dow out of the gate! Yep. And interesting headlines. From MarketWatch (I know, eww) "Dow futures jump 400 points to start the week, led by surge in China markets" From Bloomberg " China Propels Global Stock Rally to One-Month High" I saw that -- even the Hang Seng (Ho...
by Corsair
Fri Jul 03, 2020 12:37 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4005
Views: 306998

Re: Coronavirus and the market

So the US is slowly approaching 100k new cases per day and the markets don't care. Do we need to hit the actual numbers so that people realize "Oh damn it got worse I need to sell all my stocks"? I'm still doubting if markets are truely efficient. I think those in the know are aware the Fed will ke...
by Corsair
Fri Jun 26, 2020 11:39 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19474
Views: 2696997

Re: U.S. stocks in free fall

Market is down... time to pump stocks

WATCH LIVE: White House coronavirus task force holds first briefing in months — 6/26/2020
by Corsair
Mon Jun 15, 2020 2:06 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Oh look the Fed announced new bond buying program. They can’t stop pumping stocks :moneybag :moneybag :moneybag Thank you Jerome Powell :moneybag: “The Federal Reserve is expanding its foray into corporate credit to now buy individual corporate bonds, on top of the exchange-traded funds it already ...
by Corsair
Mon Jun 15, 2020 1:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Oh look the Fed announced new bond buying program. They can’t stop pumping stocks :moneybag :moneybag :moneybag Thank you Jerome Powell :moneybag: “The Federal Reserve is expanding its foray into corporate credit to now buy individual corporate bonds, on top of the exchange-traded funds it already i...
by Corsair
Thu Jun 11, 2020 2:44 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19474
Views: 2696997

Re: U.S. stocks in free fall

Whose having fun? :mrgreen:

I thought the market was forward looking? LOL
by Corsair
Thu Jun 11, 2020 10:48 am
Forum: Investing - Theory, News & General
Topic: Markets back near all time highs - how are you feeling and path forward ?
Replies: 238
Views: 21116

Re: Markets back near all time highs - how are you feeling and path forward ?

I'm curious how much impact changes in the value of USD have on market indices. E.g. naively if one USD were to halve in value, then we might expect all market indices defined in terms of USD-denominated market caps to double. But there wouldn't really be any fundamental change in the economic situ...
by Corsair
Thu Jun 11, 2020 10:17 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19474
Views: 2696997

Re: U.S. stocks in free fall

I saw Mnuchin was out this morning trying to pump stocks. My short options are up 84% right now, bought two days ago with "fun" money I was willing to lose. Should have bought more oh well :moneybag What exactly did you purchase? Always interested in hearing where people are playing. I used today t...
by Corsair
Thu Jun 11, 2020 10:02 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19474
Views: 2696997

Re: U.S. stocks in free fall

I saw Mnuchin was out this morning trying to pump stocks.

My short options are up 84% right now (SPXS July calls), bought two days ago with "fun" money I was willing to lose. Should have bought more oh well :moneybag
by Corsair
Tue Jun 09, 2020 4:43 pm
Forum: Investing - Theory, News & General
Topic: Markets back near all time highs - how are you feeling and path forward ?
Replies: 238
Views: 21116

Re: Markets back near all time highs - how are you feeling and path forward ?

I'm shorting the market with "fun" money I'm willing to lose on 3X ETFs options. Worked out well in late February. I'm not foolish enough to fully bet against the Fed and Powell. They won't ever stop the printing presses. Either do I ever see them decreasing the balance sheet. https://pbs.twimg.com/...
by Corsair
Tue Jun 09, 2020 11:42 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Slowly adding put options with "fun" money. I was doing the same in Feb but in much smaller quantities. The Fed can only cook the books for so long; the rampant speculation is insane right now. Buffet knows every finance measurement in the books but is now the fool compared to people who don't even ...
by Corsair
Tue Jun 09, 2020 12:43 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Robinhood top increases in # users holding for stocks today: 1. HTZ +38199 (115% return today) 2. NKLA +36551 (20% return today) 3. TOPS +28123 (-8% return today) 4. OAS +25467 (62% return today) 5. AAL +21684 (9% return today) 6. IVR +20573 (63% return today) 7. VAL +18933 (135% return today) 8. G...
by Corsair
Mon Jun 08, 2020 5:16 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Robinhood top increases in # users holding for stocks today: 1. HTZ +38199 (115% return today) 2. NKLA +36551 (20% return today) 3. TOPS +28123 (-8% return today) 4. OAS +25467 (62% return today) 5. AAL +21684 (9% return today) 6. IVR +20573 (63% return today) 7. VAL +18933 (135% return today) 8. GU...
by Corsair
Mon Jun 08, 2020 4:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Triple digit golfer wrote:
Mon Jun 08, 2020 4:19 pm
Can we call this V-shaped yet?
For the stock market looks like it, thanks to Jerome print Powell. For the 25M unemployed remains to be seen.
by Corsair
Mon Jun 08, 2020 4:16 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

HTZ up 115% today. On Friday it was up 83% :beer CHK up 182% today. Both declared bankruptcy :mrgreen: Anyone buy either? There’s going to be lots of happy YOLO Robinhood investors out there lol. They’ve been hitting lots of home runs lately, first airlines, then cruise lines and now car rental com...
by Corsair
Mon Jun 08, 2020 4:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

HTZ up 115% today. On Friday it was up 83% :beer

CHK up 182% today.

Both declared bankruptcy :mrgreen:

Anyone buy either?

Buffet and Druckenmiller can't find anything to buy, seems like retail has schooled them.
by Corsair
Fri Jun 05, 2020 1:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

US government said Thursday that 9.14 million more Americans filed for jobless claims in May, but said today 2.51 million jobs got created? Today's number wasn't even close to estimates, so much for "market being forward looking" [distracting meme removed by admin LadyGeek] Wait so the market has b...
by Corsair
Fri Jun 05, 2020 12:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

Also to add BLS said the unemployment rate would be 16.3% if some people weren't misclassified. "If the workers who were recorded as employed but absent from work due to "other reasons" (over and above the number absent for other reasons in a typical May) had been classified as unemployed on tempora...
by Corsair
Fri Jun 05, 2020 12:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

US government said Thursday that 9.14 million more Americans filed for jobless claims in May, but said today 2.51 million jobs got created? [distracting meme removed by admin LadyGeek] It is almost like businesses that didn't exist or were closed for some reason suddenly started to open up all of t...
by Corsair
Fri Jun 05, 2020 12:27 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

US government said Thursday that 9.14 million more Americans filed for jobless claims in May, but said today 2.51 million jobs got created?

Today's number wasn't even close to estimates, so much for "market being forward looking"

[distracting meme removed by admin LadyGeek]
by Corsair
Tue May 26, 2020 9:38 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

S&P 500 seems to run in tandem with global money supply. If they keep printing, which they will, markets will go up up up
by Corsair
Wed May 20, 2020 9:58 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 7462
Views: 606811

Re: U.S. stocks continue to soar!

willthrill81 wrote:
Wed May 20, 2020 9:57 am
Corsair wrote:
Wed May 20, 2020 9:54 am
Unemployment numbers approaching Great Depression numbers and S&P at 3000 :beer
I learned last week from David Stein's Money for the Rest of Us podcast that S&P 500 firms only employ 17% of the U.S. workforce.
Hmm I didn't know this, very good stat. :beer