I would like to thank Gods greatest creation "donald trump" for waving his magic hand and making the stock market go up today. Yesterday harris made it go down and today with a wave of his tiny hands, he made it go up. The talents this man has, truly amazes me. Now i see why the magas love this guy. He has super powers, maybe I should jump on the maga train before it leaves me behind.
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
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Quote Originally Posted by cd329:
I would like to thank Gods greatest creation "donald trump" for waving his magic hand and making the stock market go up today. Yesterday harris made it go down and today with a wave of his tiny hands, he made it go up. The talents this man has, truly amazes me. Now i see why the magas love this guy. He has super powers, maybe I should jump on the maga train before it leaves me behind.
Is the absurd lower corrections in the jobs report causing the market to fall? and if so, was the market only going up because the massively incorrect monthly jobs reporting that recorded extreme highs that were later reduced at a historically lower rates than decades past every single month? It's almost like the market was built on fraud during the biden admin and help propped up on faulty jobs reporting to the high side.
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Is the absurd lower corrections in the jobs report causing the market to fall? and if so, was the market only going up because the massively incorrect monthly jobs reporting that recorded extreme highs that were later reduced at a historically lower rates than decades past every single month? It's almost like the market was built on fraud during the biden admin and help propped up on faulty jobs reporting to the high side.
Everyone buying up bonds and CDs today before a possible cut tomorrow? Why the hell is media blasting 100bps cuts in 24' and 50bps cut tomorrow? They've been wrong for a year now on rate cuts. Who really needs these rate cuts? If the economy is close to being back on track and getting closer to the targets, why cut rates now???
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@kcblitzkrieg
BofA, watch out.
Everyone buying up bonds and CDs today before a possible cut tomorrow? Why the hell is media blasting 100bps cuts in 24' and 50bps cut tomorrow? They've been wrong for a year now on rate cuts. Who really needs these rate cuts? If the economy is close to being back on track and getting closer to the targets, why cut rates now???
Grabbed a bunch of FAS just now. I have been building this position for a while. It is a financial services 3X leveraged ETF for financial services. I think that sector jumps next few days or weeks after the FED cut — especially if they lower a half point. I have also been building some option positions in some of the banks and financial sector-type equities.
A lot of it is baked into it already it seems. But I think there is a good likelihood of some 'overreaction' in this sector for a bit.
It should be a very interesting day for sure.
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@BigGame90
Grabbed a bunch of FAS just now. I have been building this position for a while. It is a financial services 3X leveraged ETF for financial services. I think that sector jumps next few days or weeks after the FED cut — especially if they lower a half point. I have also been building some option positions in some of the banks and financial sector-type equities.
A lot of it is baked into it already it seems. But I think there is a good likelihood of some 'overreaction' in this sector for a bit.
Keeping an eye on FAS with ya, although I think ETFs are straight scams. Not my cup of tea when it comes to my investments. Looking forward to the rollercoaster tomorrow. Usually some strong volatility, I like plying the SPY 0DTE (for the degenerates). Seems like some quick 100% gains (and losses ). Buying dips, selling rips. It happens quick tomorrow.
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@Raiders22
Keeping an eye on FAS with ya, although I think ETFs are straight scams. Not my cup of tea when it comes to my investments. Looking forward to the rollercoaster tomorrow. Usually some strong volatility, I like plying the SPY 0DTE (for the degenerates). Seems like some quick 100% gains (and losses ). Buying dips, selling rips. It happens quick tomorrow.
Oh for sure I will be playing the SPY and QQQ tomorrow as well.
I would reconsider ETFs. I am not sure why you think they are a scam. They simply give you a good grouping so you do not have to isolate your own stocks, etc.
Some are very good for longterm. This one I am using for a shorter term. I have done this with a lot of my energy trades. In many instances they are far better than mutual funds.
But to each his own.
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@BigGame90
Oh for sure I will be playing the SPY and QQQ tomorrow as well.
I would reconsider ETFs. I am not sure why you think they are a scam. They simply give you a good grouping so you do not have to isolate your own stocks, etc.
Some are very good for longterm. This one I am using for a shorter term. I have done this with a lot of my energy trades. In many instances they are far better than mutual funds.
When I buy something, I want to know that I actually own what I buy. You buy an ETF, you own nothing. Why are there single stock ETFs? Makes literally no sense why there would be a single stock ETF based on the stock. Not to mention crypto ETFs. IMO, EFTs are used for manipulation.
There is no need for single stock ETFs so in my mind, there is no need for ETFs. Same reason why there should be no partial shares of stocks and why stocks shouldn't be able to trade at (for example) $42.06924. Can you go to the store and break up a penny? No. So why are stocks broken down to 4 or more decimal places? Because stocks and the stock market is one big fugazi and IMO, ETFs were created to continue the manipulation.
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@Raiders22
When I buy something, I want to know that I actually own what I buy. You buy an ETF, you own nothing. Why are there single stock ETFs? Makes literally no sense why there would be a single stock ETF based on the stock. Not to mention crypto ETFs. IMO, EFTs are used for manipulation.
There is no need for single stock ETFs so in my mind, there is no need for ETFs. Same reason why there should be no partial shares of stocks and why stocks shouldn't be able to trade at (for example) $42.06924. Can you go to the store and break up a penny? No. So why are stocks broken down to 4 or more decimal places? Because stocks and the stock market is one big fugazi and IMO, ETFs were created to continue the manipulation.
Yes. Single stock ETFs are leveraged to maximize profits. Of course, the risk is increased as well. These should not be used by most people. If you see a volatile stock that is announcing something, etc. — then that would be the time. Better than options if you are worried about expiring dates. Then you can opt to leave and recoup a loss or keep making leveraged profits. But normal ETFs, have a grouping to reduce risk just like a mutual fund. They are not as actively managed, so are cheaper. They also can be traded all day instead of just at end of day.
So, if you are someone that is confident in what you are doing — ETFs are the way to go a lot of times.
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@BigGame90
Yes. Single stock ETFs are leveraged to maximize profits. Of course, the risk is increased as well. These should not be used by most people. If you see a volatile stock that is announcing something, etc. — then that would be the time. Better than options if you are worried about expiring dates. Then you can opt to leave and recoup a loss or keep making leveraged profits. But normal ETFs, have a grouping to reduce risk just like a mutual fund. They are not as actively managed, so are cheaper. They also can be traded all day instead of just at end of day.
So, if you are someone that is confident in what you are doing — ETFs are the way to go a lot of times.
Only a partisan seeking individual would reply like this. Do you seriously think that the rate cut has to do with the strength or weakness of the economy?
I know it is fun to play "punch the liberal" all day but from a real financial perspective do you seriously think that this cut is a commentary about the economy?
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@BigGame90
Only a partisan seeking individual would reply like this. Do you seriously think that the rate cut has to do with the strength or weakness of the economy?
I know it is fun to play "punch the liberal" all day but from a real financial perspective do you seriously think that this cut is a commentary about the economy?
Of course you see it like that, the problem is his position has volumes of content and his agenda is very consistent. I did ask the question though and you can answer if you like, was this rate cut a statement about the economy? Of course I say no....the FED is playing a chess game on multiple levels for multiple central banks. This was to me absolutely nothing about the current state of the economy. That is my view.
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@kcblitzkrieg
Of course you see it like that, the problem is his position has volumes of content and his agenda is very consistent. I did ask the question though and you can answer if you like, was this rate cut a statement about the economy? Of course I say no....the FED is playing a chess game on multiple levels for multiple central banks. This was to me absolutely nothing about the current state of the economy. That is my view.
@BigGame90 Only a partisan seeking individual would reply like this. Do you seriously think that the rate cut has to do with the strength or weakness of the economy? I know it is fun to play "punch the liberal" all day but from a real financial perspective do you seriously think that this cut is a commentary about the economy?
WSC, Dude, I'm tired of your first sentence at me calling out a partisan comment. Brah, knock that shit off. You ONLY say that to people you assume lean to the right. You are not being responsible like a mod should.
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Quote Originally Posted by wallstreetcappers:
@BigGame90 Only a partisan seeking individual would reply like this. Do you seriously think that the rate cut has to do with the strength or weakness of the economy? I know it is fun to play "punch the liberal" all day but from a real financial perspective do you seriously think that this cut is a commentary about the economy?
WSC, Dude, I'm tired of your first sentence at me calling out a partisan comment. Brah, knock that shit off. You ONLY say that to people you assume lean to the right. You are not being responsible like a mod should.
My view is this cut is about creating more jobs because the last 2 years or more the "jobs created" has been a blatant lie. It's been grossly over estimated month by month and the over estimations are practically at record miss "calculations". The economy needs more jobs which IMO is the reason for the rate cut and I actually believe Powell said this in one of his opening statements. So if this is to be true, the public was lied to month by month that the job market was strong and we were adding more jobs and THE ECONOMY WAS FINE. Again, I ask you, if the economy was fine, why did the fed just cut rates by .50bps to possibly help create MORE jobs? Was the massively over reporting of jobs month by month for over a year done intentionally to mislead the public?
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@wallstreetcappers
My view is this cut is about creating more jobs because the last 2 years or more the "jobs created" has been a blatant lie. It's been grossly over estimated month by month and the over estimations are practically at record miss "calculations". The economy needs more jobs which IMO is the reason for the rate cut and I actually believe Powell said this in one of his opening statements. So if this is to be true, the public was lied to month by month that the job market was strong and we were adding more jobs and THE ECONOMY WAS FINE. Again, I ask you, if the economy was fine, why did the fed just cut rates by .50bps to possibly help create MORE jobs? Was the massively over reporting of jobs month by month for over a year done intentionally to mislead the public?
Our government never misleads us right ? Don’t they always tell the truth and have our best interests in mind ? Eisenhower was right to warn us . God only knows what he knew .
Independent politics
BACK PATTING and KISSING threads are like passing HAM SANDWICHES around over and over-wall
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Our government never misleads us right ? Don’t they always tell the truth and have our best interests in mind ? Eisenhower was right to warn us . God only knows what he knew .
If the economy were not fine they would have taken action much quicker OR if it were of serious consequence they would have gone mid meeting. I think it has zero to do with jobs or with the economy. The UE rate is very low, average earnings are not in the gutter. I do not think the cut had anything to do with commentary about the economy.
I think they moved too high too fast and used old theory to think they could stomp out inflation, well that hasnt panned out and if anything it is a tax on the lower class having higher rates and more interest on world wide government debt. Their thesis was wrong and it was not making a positive impact enough to outweigh the negative impact higher rates were having. I'd also suggest that the red phone was being called from many central banks, this gives other banks the ok to also ease and not have it cause a currency crisis.
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@BigGame90
If the economy were not fine they would have taken action much quicker OR if it were of serious consequence they would have gone mid meeting. I think it has zero to do with jobs or with the economy. The UE rate is very low, average earnings are not in the gutter. I do not think the cut had anything to do with commentary about the economy.
I think they moved too high too fast and used old theory to think they could stomp out inflation, well that hasnt panned out and if anything it is a tax on the lower class having higher rates and more interest on world wide government debt. Their thesis was wrong and it was not making a positive impact enough to outweigh the negative impact higher rates were having. I'd also suggest that the red phone was being called from many central banks, this gives other banks the ok to also ease and not have it cause a currency crisis.
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