The Investment Thread (4 Viewers)

Mr. Blue Sky

Still P***ed at Yoko
VIP Contributor
Joined
Jun 6, 2006
Messages
25,672
Reaction score
16,257
Location
Between the Moon and New York City
Offline
Not politically speaking, but just simply as it relates to the stock market- there was a Tweet this morning by the current occupant of the Oval Office in re to delaying the November Presidential election, which *just so happened* to be tweeted right around the time that the news broke that the country’s GDP dropped by a full THIRD, The worst drop in our 250 yr history as a country... Not political, just the actual, factual chronology of how things played out this morning.. In regards to yall’s investments, do what you wish with that information, just dont be distracted.
 

superchuck500

tiny changes
VIP Subscribing Member
VIP Contributor
Diamond VIP Contributor
Joined
Aug 9, 2004
Messages
61,611
Reaction score
97,390
Location
Charleston, SC
Online
Not politically speaking, but just simply as it relates to the stock market- there was a Tweet this morning by the current occupant of the Oval Office in re to delaying the November Presidential election, which *just so happened* to be tweeted right around the time that the news broke that the country’s GDP dropped by a full THIRD, The worst drop in our 250 yr history as a country... Not political, just the actual, factual chronology of how things played out this morning.. In regards to yall’s investments, do what you wish with that information, just dont be distracted.

Reminds me of an email exchange I had in February with a wealth manager. "We are projecting a V-shape recovery that will begin in earnest in Q2."

I laughed and basically said they were clearly underestimating what is happening.
 

efil4stnias

Play at your own risk
Joined
Jul 9, 2001
Messages
35,579
Reaction score
36,015
Location
Covington
Online
Not politically speaking, but just simply as it relates to the stock market- there was a Tweet this morning by the current occupant of the Oval Office in re to delaying the November Presidential election, which *just so happened* to be tweeted right around the time that the news broke that the country’s GDP dropped by a full THIRD, The worst drop in our 250 yr history as a country... Not political, just the actual, factual chronology of how things played out this morning.. In regards to yall’s investments, do what you wish with that information, just dont be distracted.

Reminds me of the scene in 1941 when Belushi wanted to steal a plane in the middle of a war zone and says " Look....a baby fox". lol
 

bclemms

More than 15K posts served!
Joined
Jul 16, 2005
Messages
34,031
Reaction score
45,441
Age
13
Location
Jackson, ms
Online
Reminds me of an email exchange I had in February with a wealth manager. "We are projecting a V-shape recovery that will begin in earnest in Q2."

I laughed and basically said they were clearly underestimating what is happening.
I think we are looking at a V shaped recovery in Q2. It's just going to be a 2021 Q2 recovery.

I've never seen the denial look quite like this.

As for Mr. Blue Sky, I don't think that tweet really mattered all that much. European markets were down 2.5%, jobs data was a miss, GDP data was about the expected level but seeing it on paper is pretty daunting. The markets were going down today either way and most people see Trump as a lame duck. If Congress starts to echo the rhetoric then the markets will take it seriously.

I sold all my gold positions this morning. Just holding puts in KODK right now. Still love the long term outlook for gold but the next couple days look to be really volatile and downward looking.
 

efil4stnias

Play at your own risk
Joined
Jul 9, 2001
Messages
35,579
Reaction score
36,015
Location
Covington
Online
I think we are looking at a V shaped recovery in Q2. It's just going to be a 2021 Q2 recovery.

I've never seen the denial look quite like this.

As for Mr. Blue Sky, I don't think that tweet really mattered all that much. European markets were down 2.5%, jobs data was a miss, GDP data was about the expected level but seeing it on paper is pretty daunting. The markets were going down today either way and most people see Trump as a lame duck. If Congress starts to echo the rhetoric then the markets will take it seriously.

I sold all my gold positions this morning. Just holding puts in KODK right now. Still love the long term outlook for gold but the next couple days look to be really volatile and downward looking.

I think it was done to not allow the press to hammer him today regarding the Q2 and unemployment numbers ( up another 1mm jobless claims ) and instead they will focus on that tweet.
 

bclemms

More than 15K posts served!
Joined
Jul 16, 2005
Messages
34,031
Reaction score
45,441
Age
13
Location
Jackson, ms
Online
I think it was done to not allow the press to hammer him today regarding the Q2 and unemployment numbers ( up another 1mm jobless claims ) and instead they will focus on that tweet.
Even worse for the USA, Europe's economy is looking like it did significantly better in Q2 and is going to run circles around the USA in Q3. So they saved the economy without the human sacrifice. I'm sure the media will eat him alive for both, it's their job.

As for Trump, I really think he could tweet Nazi rhetoric at this point and the markets will ignore it. Last year when it looked like Trump was going to cruise to reelection the tweets mattered, particularly with China. Since that point he's tweeted so much racist and flat out insane stuff with almost no chance at reelection he's not very important. Powell's farts are far more important right now. Everything is about stimulus and QE.
 
OP
Saint_Ward

Saint_Ward

Don't be a Jerk.
Staff member
Administrator
Gold VIP Contributor
Joined
Mar 1, 2007
Messages
48,997
Reaction score
43,699
Location
Fort Lauderdale, FL
Offline
Reminds me of an email exchange I had in February with a wealth manager. "We are projecting a V-shape recovery that will begin in earnest in Q2."

I laughed and basically said they were clearly underestimating what is happening.
Are you saying this isn't a V? haha.

1596122847934.png
 

Mr. Blue Sky

Still P***ed at Yoko
VIP Contributor
Joined
Jun 6, 2006
Messages
25,672
Reaction score
16,257
Location
Between the Moon and New York City
Offline

efil4stnias

Play at your own risk
Joined
Jul 9, 2001
Messages
35,579
Reaction score
36,015
Location
Covington
Online

Every executive buys listed. - check it out.

then look at Ownership- Buying tab. Bridgeway Capital and State Street Small cap funds ...SEC on line 1.
 
Last edited:
OP
Saint_Ward

Saint_Ward

Don't be a Jerk.
Staff member
Administrator
Gold VIP Contributor
Joined
Mar 1, 2007
Messages
48,997
Reaction score
43,699
Location
Fort Lauderdale, FL
Offline
If malls continue to falter, I wonder if AMZN would buy them up and turn them into warehouses? not always located in smart logistical areas though...
 

bclemms

More than 15K posts served!
Joined
Jul 16, 2005
Messages
34,031
Reaction score
45,441
Age
13
Location
Jackson, ms
Online
If malls continue to falter, I wonder if AMZN would buy them up and turn them into warehouses? not always located in smart logistical areas though...
There were rumors about them buying Macy's for this and some other purposes but it looks like it was just rumors.


Big tech is just rolling.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Users who are viewing this thread

 

New Orleans Saints Twitter Feed

 

Headlines

Top Bottom