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    All Forums | Politics

    Got good credit? It'll cost ya

    «First Previous 123456
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    Raiders22
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    Posted: May. 2, 2023 - 4:00 PM ET #126

    @BigGame90

     Yessir.  You are correct.  But is not the issue to me on this decision.  All coupled together it could exacerbate the problem(s) later on.

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    @BigGame90

     Yessir.  You are correct.  But is not the issue to me on this decision.  All coupled together it could exacerbate the problem(s) later on.

     
    BigGame90
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    Posted: May. 2, 2023 - 4:00 PM ET #127

    @Raiders22

     Right. Nobody is being forced to sign a loan. If the borrower can not look ahead or have studied the market, that's on them.

    Good luck on your gains. Crushed some SPY puts that I bought at close yesterday and flipped for some nice 1,350% gains today after a few hours. an_happydude  All in preparation for the 11am pump tomorrow when Jpow speaks. 

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    @Raiders22

     Right. Nobody is being forced to sign a loan. If the borrower can not look ahead or have studied the market, that's on them.

    Good luck on your gains. Crushed some SPY puts that I bought at close yesterday and flipped for some nice 1,350% gains today after a few hours. an_happydude  All in preparation for the 11am pump tomorrow when Jpow speaks. 

     
    BigGame90
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    Posted: May. 2, 2023 - 4:00 PM ET #128

    Quote Originally Posted by Raiders22:

    @BigGame90  Yessir.  You are correct.  But is not the issue to me on this decision.  All coupled together it could exacerbate the problem(s) later on.

     

    Oh, it will. Just don't get caught. Sit back, watch, learn, buy the dip when the time comes.

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    Quote Originally Posted by Raiders22:

    @BigGame90  Yessir.  You are correct.  But is not the issue to me on this decision.  All coupled together it could exacerbate the problem(s) later on.

     

    Oh, it will. Just don't get caught. Sit back, watch, learn, buy the dip when the time comes.

     
    Raiders22
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    Posted: May. 2, 2023 - 4:04 PM ET #129

    @BigGame90

     A very good two days in a row for me!  Tripled what I risked.  Still got stuck holding two losers overnight -- basically are even, so I decided to hold.  If it had been a Friday would have unloaded.  I was on the right side of a few flips.  Timed the dips almost perfect on 4-5.  The volatile stocks do so well in a market like it was today. 

    Nice hit on SPYs for you! peace_5

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    @BigGame90

     A very good two days in a row for me!  Tripled what I risked.  Still got stuck holding two losers overnight -- basically are even, so I decided to hold.  If it had been a Friday would have unloaded.  I was on the right side of a few flips.  Timed the dips almost perfect on 4-5.  The volatile stocks do so well in a market like it was today. 

    Nice hit on SPYs for you! peace_5

     
    BigGame90
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    Posted: May. 2, 2023 - 4:16 PM ET #130

    Quote Originally Posted by Raiders22:

    @BigGame90  A very good two days in a row for me!  Tripled what I risked.  Still got stuck holding two losers overnight -- basically are even, so I decided to hold.  If it had been a Friday would have unloaded.  I was on the right side of a few flips.  Timed the dips almost perfect on 4-5.  The volatile stocks do so well in a market like it was today.  Nice hit on SPYs for you!

     

    Breaking even is still winning IMO.  Tomorrow should be some fireworks. Super low volumes lately and the expected low rate hike tomorrow. Can't wait to see what tomorrow does. I think it's going to be a rollercoaster of a day. Or do they call that the kangaroo market now?? 

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    Quote Originally Posted by Raiders22:

    @BigGame90  A very good two days in a row for me!  Tripled what I risked.  Still got stuck holding two losers overnight -- basically are even, so I decided to hold.  If it had been a Friday would have unloaded.  I was on the right side of a few flips.  Timed the dips almost perfect on 4-5.  The volatile stocks do so well in a market like it was today.  Nice hit on SPYs for you!

     

    Breaking even is still winning IMO.  Tomorrow should be some fireworks. Super low volumes lately and the expected low rate hike tomorrow. Can't wait to see what tomorrow does. I think it's going to be a rollercoaster of a day. Or do they call that the kangaroo market now?? 

     
    Raiders22
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    Posted: May. 2, 2023 - 11:36 PM ET #131

    Quote Originally Posted by BigGame90:

    Quote Originally Posted by Raiders22: @BigGame90  A very good two days in a row for me!  Tripled what I risked.  Still got stuck holding two losers overnight -- basically are even, so I decided to hold.  If it had been a Friday would have unloaded.  I was on the right side of a few flips.  Timed the dips almost perfect on 4-5.  The volatile stocks do so well in a market like it was today.  Nice hit on SPYs for you!   Breaking even is still winning IMO.  Tomorrow should be some fireworks. Super low volumes lately and the expected low rate hike tomorrow. Can't wait to see what tomorrow does. I think it's going to be a rollercoaster of a day. Or do they call that the kangaroo market now??

    Yes, the winners were great.  I would have had a fantastic day even if I sold the 2 breakeven ones as well -- which I would have on a Friday.  But these two I feel run tomorrow because they started running late today.  So, very early in the morning I expect to have two quick winners!

    Always nice when a plan works out the way you predicted.  I think going forward the next few months can be like this.

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    Quote Originally Posted by BigGame90:

    Quote Originally Posted by Raiders22: @BigGame90  A very good two days in a row for me!  Tripled what I risked.  Still got stuck holding two losers overnight -- basically are even, so I decided to hold.  If it had been a Friday would have unloaded.  I was on the right side of a few flips.  Timed the dips almost perfect on 4-5.  The volatile stocks do so well in a market like it was today.  Nice hit on SPYs for you!   Breaking even is still winning IMO.  Tomorrow should be some fireworks. Super low volumes lately and the expected low rate hike tomorrow. Can't wait to see what tomorrow does. I think it's going to be a rollercoaster of a day. Or do they call that the kangaroo market now??

    Yes, the winners were great.  I would have had a fantastic day even if I sold the 2 breakeven ones as well -- which I would have on a Friday.  But these two I feel run tomorrow because they started running late today.  So, very early in the morning I expect to have two quick winners!

    Always nice when a plan works out the way you predicted.  I think going forward the next few months can be like this.

     
    Rush51
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    Posted: May. 3, 2023 - 1:51 AM ET #132

    Quote Originally Posted by BigGame90:

    Just setting up the low FICO score holders to get burnt in years time. This is how they keep pumping RE purchases to try to avoid a crash. Everyone who's smart with their money (high FICO scores) are not buying RE right now. So the only way to get new suckers in the market is to try to suck in the low FICO scores with more false promises. Same shit as what lead to the 08 crash. Banks loosen the lending requirements for the 500-600s which pushes prices up even more before the adjustable rates kicked in years down the road.  People never learn. This is a last ditch effort to keep sales pumping to try to save the economy. Just buying time while digging the hole deeper.    Bidens America is all backwards.

    Unfortunately,  we taxpayers have to bail out the failures in one form or another.   It's just a pattern of rewarding the irresponsible behavior of those people,  and penalizing those that are responsible w their $$.  It's total bullsh*t

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    Quote Originally Posted by BigGame90:

    Just setting up the low FICO score holders to get burnt in years time. This is how they keep pumping RE purchases to try to avoid a crash. Everyone who's smart with their money (high FICO scores) are not buying RE right now. So the only way to get new suckers in the market is to try to suck in the low FICO scores with more false promises. Same shit as what lead to the 08 crash. Banks loosen the lending requirements for the 500-600s which pushes prices up even more before the adjustable rates kicked in years down the road.  People never learn. This is a last ditch effort to keep sales pumping to try to save the economy. Just buying time while digging the hole deeper.    Bidens America is all backwards.

    Unfortunately,  we taxpayers have to bail out the failures in one form or another.   It's just a pattern of rewarding the irresponsible behavior of those people,  and penalizing those that are responsible w their $$.  It's total bullsh*t

     
    Rush51
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    Posted: May. 3, 2023 - 2:02 AM ET #133

    Quote Originally Posted by Sidehatch:

    Wow, I’ve never heard so much cowardly whining in my life. Users of Fannie and Freddie pay an extra $50/month? Meanwhile Trump raised my and other blue states taxes $15-20k/yr and you arseholes ignore it? Special place in hell for you folks

    Don't blame Trump for your state's incompetence.  Your state taxes you too much.  Why are we "citizens of other states" subsidizing your tax bill.  Your frustration is pointed in the wrong direction.   So, figure it out.  Move, or vote for a lower tax structure in your state...

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    Quote Originally Posted by Sidehatch:

    Wow, I’ve never heard so much cowardly whining in my life. Users of Fannie and Freddie pay an extra $50/month? Meanwhile Trump raised my and other blue states taxes $15-20k/yr and you arseholes ignore it? Special place in hell for you folks

    Don't blame Trump for your state's incompetence.  Your state taxes you too much.  Why are we "citizens of other states" subsidizing your tax bill.  Your frustration is pointed in the wrong direction.   So, figure it out.  Move, or vote for a lower tax structure in your state...

     
    Rush51
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    Posted: May. 3, 2023 - 2:18 AM ET #134

    This thread is another example of the DEI diversity,  equity, and inclusion garbage that is so important to this lefty administration.   Forget about hard work and rewarding the successful folks.  This is just another example of working to  "flatten " the social classes .  Take from the rich... give to the poor..  Wealth redistribution. 

    The left will never stop in their efforts to make this country socialist.  Those who do not see this fail to understand the big picture of their goals...

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    This thread is another example of the DEI diversity,  equity, and inclusion garbage that is so important to this lefty administration.   Forget about hard work and rewarding the successful folks.  This is just another example of working to  "flatten " the social classes .  Take from the rich... give to the poor..  Wealth redistribution. 

    The left will never stop in their efforts to make this country socialist.  Those who do not see this fail to understand the big picture of their goals...

     
    Raiders22
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    Posted: May. 3, 2023 - 12:26 PM ET #135

    @Raiders22

     

    Quote Originally Posted by Raiders22:

    Ford reporting tonight.  Good to watch them and SBUX and NIKE

    Good volatility today. SBUX looking like bottom wick now. F consolidating and NKE still running. peace_5

    Waiting on Powell to speak...an_popcorn

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    @Raiders22

     

    Quote Originally Posted by Raiders22:

    Ford reporting tonight.  Good to watch them and SBUX and NIKE

    Good volatility today. SBUX looking like bottom wick now. F consolidating and NKE still running. peace_5

    Waiting on Powell to speak...an_popcorn

     
    Raiders22
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    Posted: May. 3, 2023 - 12:33 PM ET #136

    In SBUX at 104.3   ITM calls at 1.69 peace_5

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    In SBUX at 104.3   ITM calls at 1.69 peace_5

     
    Raiders22
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    Posted: May. 3, 2023 - 12:48 PM ET #137

    In F @ 11.86  ITM calls at .53

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    In F @ 11.86  ITM calls at .53

     
    BigGame90
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    Posted: May. 3, 2023 - 1:05 PM ET #138

    @Raiders22

     Good luck today. I thought it would pump right before JPowell. am getting ready to pick up some SPY 412P. Gonna lose it all or make 3x. Probably gonna lose it all and watch the market pump like money is printed for free. 

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    @Raiders22

     Good luck today. I thought it would pump right before JPowell. am getting ready to pick up some SPY 412P. Gonna lose it all or make 3x. Probably gonna lose it all and watch the market pump like money is printed for free. 

     
    Raiders22
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    Posted: May. 3, 2023 - 1:27 PM ET #139

    @BigGame90

     

     I think you got right idea -- only thing I got running is QCOM. might get stopped out of other two.

    Gonna be very interesting how market reacts -- the increase is factored in.  But he always prefaces it by saying something extraordinarily stupid.

    That is what I want to take advantage of.

     

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    @BigGame90

     

     I think you got right idea -- only thing I got running is QCOM. might get stopped out of other two.

    Gonna be very interesting how market reacts -- the increase is factored in.  But he always prefaces it by saying something extraordinarily stupid.

    That is what I want to take advantage of.

     

     
    Raiders22
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    Posted: May. 3, 2023 - 1:30 PM ET #140

    I will do the same as you -- 410P at days low -- went ahead and grabbed those. 

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    I will do the same as you -- 410P at days low -- went ahead and grabbed those. 

     
    BigGame90
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    Posted: May. 3, 2023 - 1:32 PM ET #141

    @Raiders22

     Let the fireworks begin. 

    SPY 412P and 410P. Ramen or steak tonight.  

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    @Raiders22

     Let the fireworks begin. 

    SPY 412P and 410P. Ramen or steak tonight.  

     
    Raiders22
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    Posted: May. 3, 2023 - 2:14 PM ET #142

    @Raiders22

     

     

    Quote Originally Posted by Raiders22:

    In F @ 11.86  ITM calls at .53

    Stalled --  got out at .57 peace_5

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    @Raiders22

     

     

    Quote Originally Posted by Raiders22:

    In F @ 11.86  ITM calls at .53

    Stalled --  got out at .57 peace_5

     
    kcblitzkrieg
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    Posted: May. 3, 2023 - 2:40 PM ET #143

     

    https://twitter.com/CarlBMenger/status/1637701519926611969?lang=en

    You will not survive here. You are not a wolf, and this is the land of wolves now...
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    https://twitter.com/CarlBMenger/status/1637701519926611969?lang=en

     
    Raiders22
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    Posted: May. 3, 2023 - 2:59 PM ET #144

    @Raiders22

     

    Quote Originally Posted by Raiders22:

    In SBUX at 104.3   ITM calls at 1.69

    Out at 2.23 peace_5

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    @Raiders22

     

    Quote Originally Posted by Raiders22:

    In SBUX at 104.3   ITM calls at 1.69

    Out at 2.23 peace_5

     
    Raiders22
    Raiders22
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    Joined: Dec, 2010
    Posts: 33728
    Posted: May. 3, 2023 - 3:47 PM ET #145

    @Raiders22

     

    Quote Originally Posted by Raiders22:

    I will do the same as you -- 410P at days low -- went ahead and grabbed those.

    In at 1.99   out at 3.25.  

    3 very good days in a row. peace_5

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    @Raiders22

     

    Quote Originally Posted by Raiders22:

    I will do the same as you -- 410P at days low -- went ahead and grabbed those.

    In at 1.99   out at 3.25.  

    3 very good days in a row. peace_5

     
    kcblitzkrieg
    kcblitzkrieg
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    Posts: 7997
    Posted: May. 4, 2023 - 10:10 AM ET #146

    updated from yesterday's FOMC.... 

    https://twitter.com/traderpodcaste/status/1653946632591794176

    You will not survive here. You are not a wolf, and this is the land of wolves now...
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    updated from yesterday's FOMC.... 

    https://twitter.com/traderpodcaste/status/1653946632591794176

     
    BigGame90
    BigGame90
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    Posts: 5069
    Posted: May. 4, 2023 - 10:23 AM ET #147

    @kcblitzkrieg

     JPowell- "just want to reiterate that the banks are fine". 

    45 min later banks in free fall. 

    Yaaaa okayyyyyyy Jpowell. 

     

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    @kcblitzkrieg

     JPowell- "just want to reiterate that the banks are fine". 

    45 min later banks in free fall. 

    Yaaaa okayyyyyyy Jpowell. 

     

     
    spockgato
    spockgato
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    Posts: 15326
    Posted: May. 4, 2023 - 10:25 AM ET #148

    My credit is bumpin’ so high and ferocious like oh shit , that the banks be comin’ to me for the money , but I don’t believe in that indecency , and their deceit , cuz they’re scummy ……

    So I just say no like I’m Nancy Reagan ya heard ?

    wallstreetcappers craps in his draws and pees fuckin backwards from his vaj with a squirt.
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    My credit is bumpin’ so high and ferocious like oh shit , that the banks be comin’ to me for the money , but I don’t believe in that indecency , and their deceit , cuz they’re scummy ……

    So I just say no like I’m Nancy Reagan ya heard ?

     
    kcblitzkrieg
    kcblitzkrieg
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    Posted: May. 4, 2023 - 12:30 PM ET #149

    Quote Originally Posted by BigGame90:

    @kcblitzkrieg  JPowell- "just want to reiterate that the banks are fine".  45 min later banks in free fall.  Yaaaa okayyyyyyy Jpowell.

    I know, crazy right, you can't make this shit up an_roll_laugh 

    Jamie Dimon is cleaning up, gonna own all the banks by the time this is all over lmao 

    You will not survive here. You are not a wolf, and this is the land of wolves now...
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    Quote Originally Posted by BigGame90:

    @kcblitzkrieg  JPowell- "just want to reiterate that the banks are fine".  45 min later banks in free fall.  Yaaaa okayyyyyyy Jpowell.

    I know, crazy right, you can't make this shit up an_roll_laugh 

    Jamie Dimon is cleaning up, gonna own all the banks by the time this is all over lmao 

     
     
    thirdperson
    thirdperson
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    Posts: 9385
    Posted: May. 7, 2023 - 6:16 PM ET #150

    Federal mortgage fee changes have lead to a misconception that borrowers with low credit scores will pay less at the expense of borrowers with good credit according to fact checks by New York times, Verify this and Bank rate.  While people with higher credit scores are getting a smaller break than before, they will still pay less overall than someone with low score.  Lowest total costs still go to borrowers with High credit score and high down payment.

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    Federal mortgage fee changes have lead to a misconception that borrowers with low credit scores will pay less at the expense of borrowers with good credit according to fact checks by New York times, Verify this and Bank rate.  While people with higher credit scores are getting a smaller break than before, they will still pay less overall than someone with low score.  Lowest total costs still go to borrowers with High credit score and high down payment.

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