Igy - don't you want the markets to do well? For the sake of everyone in the market? You seem to relish when the market does poorly. I can understand if you are shorting stuff but your giddiness when the market tanks is worrisome.
Fair enough. I think I took enough shots at the lunatic that insists on personal attacks. Perhaps his family will intervene and return him to the rehab facility. Out for now. Chow.
Chow? As in eat? Hahaha it’s ciao you absolute dunce.
This poster noted the variance in GDP forecasts for the 3Q. The first version of the number just came out: 4.9%. I'm glad the Atlanta Fed GDPNow number was close to correct - I use that most, just out of convenience. The number came out today: +4.9%.
AndreasStenoLarsen @AndreasSteno Q3 nowcasts: Atlanta Fed: 5.6% New York Fed: 2.2% St. Louis Fed: -0.25% In short.. LOL
9:31 AM · Sep 11, 2023 · 101.4K Views
ALL of which, according to Gundlach, is due solely to deficit spending.
It is most def not real, productive GDP--it is an expense fraudulently mischaracterized as production.
Highlights of DoubleLine's CEO, Jeffrey Gundlach in an interview with Fox Business News channel's Maria Bartiromo at New York City's Rainbow Room. The event ...
Fair enough. I think I took enough shots at the lunatic that insists on personal attacks. Perhaps his family will intervene and return him to the rehab facility. Out for now. Chow.
Chow? As in eat? Hahaha it’s ciao you absolute dunce.
This is the other side of the first half of the year. Then, 7 tech stocks lifted the index while the rest of the stocks did nothing. now those 7 are flailing but the rest of the market is fine.
^The Lunatic Troll post from 10/11/2023. Boy did you eat that one!
Igy - don't you want the markets to do well? For the sake of everyone in the market? You seem to relish when the market does poorly. I can understand if you are shorting stuff but your giddiness when the market tanks is worrisome.
You have to be a real miserable SOB to take joy in other people’s suffering. Igy is a true curmudgeon.
This is the other side of the first half of the year. Then, 7 tech stocks lifted the index while the rest of the stocks did nothing. now those 7 are flailing but the rest of the market is fine.
Hard to manage all this.
This is true for today and for the interval of the last 5 days, but it is not true for longer timeframes including one month, 3-month, and 6-month. So, I am not sure how much you can read into this.
Igy - don't you want the markets to do well? For the sake of everyone in the market? You seem to relish when the market does poorly. I can understand if you are shorting stuff but your giddiness when the market tanks is worrisome.
You have to be a real miserable SOB to take joy in other people’s suffering. Igy is a true curmudgeon.
He's shorting. He prospers when markets go down.
Furthermore, it's common practice on investing sites for shorts (those shorting the market) to foment fear and unease about the market. It's very common.
You have to be a real miserable SOB to take joy in other people’s suffering. Igy is a true curmudgeon.
He's shorting. He prospers when markets go down.
Furthermore, it's common practice on investing sites for shorts (those shorting the market) to foment fear and unease about the market. It's very common.
Also, more common that Wall Street ferments buying at any price, actually done daily.
Meanwhile, sold lots of TECS today up 30%+; a play that expresses a view that buying Apple at any price is a mistake.
This post was edited 2 minutes after it was posted.
Furthermore, it's common practice on investing sites for shorts (those shorting the market) to foment fear and unease about the market. It's very common.
Also, more common that Wall Street ferments buying at any price, actually done daily.
Meanwhile, sold lots of TECS today up 30%+; a play that expresses a view that buying Apple at any price is a mistake.
You have been so wrong on your forecasts of tech stocks including Apple over the years that it almost goes without saying. This refers to general trends, not short term trades. A wise investor understands the difference between the two,.
well there it is. SP500 at the close down 10% from its 52-week high. The average year has a 14% correction so this isn't so much so far.
CNN greed and fear index now into the extreme fear category so that suggests we're toward the end.
that would be my hunch as well. I would like to see a drop of 18% more on tech, though, and I would buy back some shares that I let go at an inopportune time so as to avoid a loss.
Reading Amazon earnings announcements and earnings, revenue, etc., all up solidly from same quarter a year ago. It doesn't look like any weak spots in their various divisions, advertising, AI, store deliveries, all look good.
Also, more common that Wall Street ferments buying at any price, actually done daily.
Meanwhile, sold lots of TECS today up 30%+; a play that expresses a view that buying Apple at any price is a mistake.
You have been so wrong on your forecasts of tech stocks including Apple over the years that it almost goes without saying. This refers to general trends, not short term trades. A wise investor understands the difference between the two,.
Not to pile on, but I’d like to point out that AAPL is up 7+% in the year since Igy suggested it would all be gone by now. Certainly not the turd Igy keeps proclaiming it to be.
Not to pile on, but I’d like to point out that AAPL is up 7+% in the year since Igy suggested it would all be gone by now. Certainly not the turd Igy keeps proclaiming it to be.
Of course you are going to try to pile on Igy. What would one expect from a lunatic that would create handles for the sole purpose of harassing the same?
In regards to AAPL, the stock is down $30 or 15% from the July 31 high. Since then, I have traded against the technology sector thru the leveraged short ETF TECS. In and out multiple times, up 30% or more. Remaining holding house money.
Investing in the technology sector is not monolithic, and goes thru wide swings overtime. As pointed out previously on this thread, several of the “Magnificent Seven” companies have slowing growth rates, which one should be expected. I spoke years ago about the cannibalization of “cloud,” which appears to be true of AMZN. Remember when AWS was the word, and few knew what it actually was, thinking the growth was coming from buying cat food online (Igy household)?
Today INTC is up 6% in the aftermarket today, a darling of another era, trading more than 50% below where it traded in the summer of 2000. INTC is lucky, many darlings of that era don’t exist at all, or in their previous form: JDSU, LU, IVIL, or MUEI. I bet few here even know those tickers. We have experienced the boom of this cycle, just not the bust, yet.
One of my friends admitted that their investment in solar panels and an EV would never pay for itself, at least not in their lifetime. They might be surprised by this:
“NEW - True costs of fueling an electric vehicle, including excess charging costs and subsidies, is equal to $17.33 per gallon of gasoline, a new analysis found. texaspolicy.com/wp-content/upl…”
"The problem is the structures that 10 years of ultra-easy money brought about. People blame it on the normalization of rates. The previous bout of abnormal rates is the problem." -Jim Grant
reminder that historians will indeed view this inflation as transitory, a result of the pandemic supply constraints paired with its money printing. The headline in economics history books will be how short it was.
A year ago, at near peak inflation, this poster claimed that it normally takes two years to get below 6%. We were below that in months and are now in the 3-4% range, 12m later. And the consensus expectation was that we'd get just that. Pretty good all around.
Jesse Felder @jessefelder 'Historically, once inflation spikes above 8%, median inflation takes about two years to fall beneath 6% before settling around that level out to five years. That is very different from consensus expectations.'
'Historically, once inflation spikes above 8%, median inflation takes about two years to fall beneath 6% before settling around that level out to five years. That is very different from consensus expectations.' https://t.co/lyDszSGoPI via @SoberLookpic.twitter.com/A7OKX36YKj
Of course you are going to try to pile on Igy. What would one expect from a lunatic that would create handles for the sole purpose of harassing the same?
Not me, but you’ve never been much for accuracy. As for the piling on, remember it was you who chose the date for your prediction.
