Wish granted….stay tuned.
For the rest of you, what do you think is more likely BTC to 15k or BTC to 25k ?
Currently ~20k
OT: Stock and Investment Thread
- Thread starter RU05
- Start date
For the rest of you, what do you think is more likely BTC to 15k or BTC to 25k ?
Currently ~20k
It maybe a while until we get a rebound in TSLA like we did from $100 to $200. Theta decay will eventually become a bigger factor. Of course this far away from the strike price works in my favor as well. I am not going to get too greedy. If i make 90+%, I will be more than happy.
That is true that the TSLA is itself down, but I am in it for the long run and not looking to cash out anytime soon. These swings don't bother me. I always find ways to trade around a long term thesis.
$58 at 6:50 AM.
Want to see what it does during market hours but this trade looks as dumb as y’all thought it was.
No different than going to AC.
Crazy to think it was almost $700 p/sh about a year ago. I have to assume the lawsuits will pile up soon. Management, the analysts, talking heads like Jimmy Booyah, all pump these fake POS banks and leave everyone else holding the bag. The SEC is run worse than the Post Office.
Taking financial advice from a cartoon is problematic.
Buy?
Heading into a work blackhole until 1pm'ish. Good luck to everyone with the jobs report! I will survey the aftermath this afternoon.
Banks get stressed tested every year. Unfortunately, no regional bank can survive a bank run.
The current thinking that this won’t cause a contagion will probably be true. What it will cause is a big discussion of how this current rate environment can affect bank collateral.
Last edited:
If you are trading crypto then the trend is your friend. Because of all of the bad news around exchanges and banks/brokerages in the space, the trend is now down.
Goldilocks number for everyone. Bulls and bears to spin how they want. Lots of speculation but we need to see what the inflation data is next week.
Just based on this number and Powell’s comments alone , I’d say 50 bips.
Market futures are flat.
New market narrative to watch: big bank CEOs saying the rapid rate hikes are putting undue stress on regionals, so maybe the Fed should chill.
Just based on this number and Powell’s comments alone , I’d say 50 bips.
Market futures are flat.
New market narrative to watch: big bank CEOs saying the rapid rate hikes are putting undue stress on regionals, so maybe the Fed should chill.
Last edited:
The guy in this video explains it pretty good. So I ended up getting my taxes done this week and sadly the accountant was not aware of this rule. That was disappointing. I ended up talking to a few financial advisors and they were not to familiar with it either. I am in the process of transferring my tIRA from Nationwide to Fidelity. I probably will convert some of that to my Roth and just pay the taxes. The most senior advisor I spoke with told me that would be wise because I already have a pre taxed retirement account through my union. In talking with all them people I still learned the most from people on this thread and by doing my own research. Now to figure out what to invest in for my IRA's.
Markets taking the predictable dump. I would not expect a big rally into the close after we broke support yesterday; especially with a lot of uncertainty heading into the weekend.
3800 is kind of a technical support level.
3800 is kind of a technical support level.
Strange how it took so long for market to turn negative this morning with a .5 possible increase.
There was hope that an RU win today would be be deflationary
Just did all my back door rollovers yesterday through Fidelity. Took after-tax over contributions from 401k and rolled them into Roth IRA (making sure gains were separate and rolled back into 401k). Then put $6500 into traditional IRA which then rolled into Roth.
Better jobs report, soft wages, serious stress on the banking system. No way the Fed is doing 50. That could cause more banking problems which would truly be an impeachable offense for the Fed members.
Question is, does the Fed pause in 2 weeks and let the dust settle? Push too hard and the Fed will have to cut and start QE to bail out banks (regardless of inflation).
No 0.5 increase with so much stress on the banking/financial system. Even the Fed isn't that stupid, right?
Today's dump isn't due to jobs or inflation (since bond yields are tanking). It's due to financial system issues. Raising interest rates now would make this even worse.
Buying opportunity? Analysts Richard Repetto and Patrick Moley at investment bank Piper Sandler were quick to note the differences between Schwab and SVB, writing in a March 10 research report that “yesterday’s sell off is overdone and could present an attractive entry point into one of the strongest brands in financial services.”
+1
Haven't read anything bad about Schwab, certainly not like SVB.
If Schwab has a significant issue, that would be really, really bad for the banks. I always thought they were pretty conservative. Maybe they changed in the last few years.
Banking system issues caused by idiosyncratic issue with a couple of over concentrated portfolios in banks. But there is pressure on deposits.No 0.5 increase with so much stress on the banking/financial system. Even the Fed isn't that stupid, right?
Today's dump isn't due to jobs or inflation (since bond yields are tanking). It's due to financial system issues. Raising interest rates now would make this even worse.
Yields are tanking because risk free treasuries look much better than high yield saving accounts at regional banks.
Yes this is when you look for babies in the bath water. Single stocks, not bank ETFs
The startup environment is going to be really tough this year.
SIVB was the payroll bank for hundreds of startups. A lot of startups won’t be paying their workers this month.
SIVB was the payroll bank for hundreds of startups. A lot of startups won’t be paying their workers this month.
Last edited:
Bought heavy in HC and biotech today. Couldn't pass it up.