OT: Stock and Investment Thread

T2Kplus20

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May 1, 2007
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You realize that trade deficits cause those countries to buy US treasuries, thereby lowering interest rates in this country? Now those investments will be severely curtailed.
Buying US treasuries is a good thing.
In other news, nice overnight dip for gold! Bought more GLD future contracts.
 
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tom1944

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Feb 22, 2008
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I bought a little last night, RIVN and META.

Will probably buy a little more today, but definitely not jumping in with both feet.
I am only an index buyer. I buy twice a month. On the first when I get my pension payment and on the third Wednesday when I get my social security check.

I have some business income that comes in monthly which I usually use to spend exorbitantly on vacations but if the market goes low enough I wonder if I should buy more of the index.
 

RU05

Well-known member
Jun 25, 2015
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F up. (lol)

GM even.

So the tariff news(granted Mex and Can aren't increased on this latest wave) appears to be fully baked in.
 

rutgersguy1_rivals

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Man when did T become the perfect chart?
Any stock can have its day in the sun lol. I prefer paying attention to and buying them when its cloudy stormy and raining cats and dogs lol. Then wait for the storm clouds to go away and the sun to come back out but that can take time as well.

Both VZ and T have shown some resurgence as of late but it took some years and the right environment to make them more attractive.
 

T2Kplus20

Well-known member
May 1, 2007
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I am only an index buyer. I buy twice a month. On the first when I get my pension payment and on the third Wednesday when I get my social security check.

I have some business income that comes in monthly which I usually use to spend exorbitantly on vacations but if the market goes low enough I wonder if I should buy more of the index.
If the investments are for your kids, you should add a little BTC to the portfolio (IBIT or FBTC).
 

RU05

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Jun 25, 2015
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I am only an index buyer. I buy twice a month. On the first when I get my pension payment and on the third Wednesday when I get my social security check.

I have some business income that comes in monthly which I usually use to spend exorbitantly on vacations but if the market goes low enough I wonder if I should buy more of the index.
You never know when the market is going to bounce, or if it is going to continue to decline, so I'm not sure if I would deviate from a plan that is working.
 

rutgersguy1_rivals

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AMZN down to the top of a trading range it had broken out of...it's support of for now but I tend to think it will fall back into it...we'll see.
 

RU848789

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Jul 27, 2001
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Paul Krugman been saying Trump
Was gonna ruin the economy since 2016. You could have just bumped your posts from then instead of being wrong twice.
@RU-05 see now that’s a CE level post by both of us. I look forward to you reprimanding him.
I haven't made any Krugman posts on the economy that I can recall. Perhaps address the content of my post instead of sniping. As I said above, not all tariffs are bad, but the way these tariffs were calculated is just crazy. Here's Deutsche Bank's take on this, which was just on CNBC, i.e., they question the process used to make these policy changes and are concerned about credibility of the administration. Just imagine the global supply chain dislocations possible if major companies move manufacturing to the US, where labor costs are much higher, only to have the tariffs rolled back in 6 months, which we know is possible under such inconsistent leadership.

"We worry this risks lowering the policy credibility of the administration. The market may question the extent to which a sufficiently structured planning process for major economic decisions is taking place. After all this is the biggest trade policy shift from the US in a century."
 
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rutgersguy1_rivals

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Been wondering if CMG was in a double top but so far been holding the neckline. Would prefer it in the lower 40s, could go lower if its actually a double top but not a bad place to start. Thought similar about MCD awhile back with regards to a potential double top but it held the neckline and trendline and now at ATHs.
 

RU205

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I read that the only reason they are exempt is because the WH is going to consider them for their own tariffs. Not that they wouldn't be tariffed at all.
Thankfully Lilly is still going strong. But BMS and Merck, have a patent cliff coming up and Pfizer, Novartis and other companies are having layoffs. Any pharma tariffs will impact the companies currently have revenue issues. They will all rebound in the future, but their stocks will take a hit in the near term.
 

T2Kplus20

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I read that the only reason they are exempt is because the WH is going to consider them for their own tariffs. Not that they wouldn't be tariffed at all.
The pharma industry has been lobbying to do tariffs gradually. Like over 5 years. Why? It's fine to onshore active product and manufacturing, but it will take several years. Creating a supply shortage of sneakers or some consumer good is one thing. Running out of a medication could be deadly.

As for semiconductors. A shortage in chips would destroy the US economy. Besides, TSM already is building a new US manufacturing plant, so why hit them?
 
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RUAldo

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Sep 11, 2008
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Are we sure the Trump family isn’t short the market? Asking for a friend…

In all seriousness, I love buying big dips like COVID, Flash Crash, etc., but this mess is closer to 2008 (smaller scale) than other events. Trump is definitely causing short term damage to the economy/market and could be causing longer term damage too. It’s a **** show.
 

jtung230

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I’m not sure how asking how manufacturing returning to the US is bad thing is a CE topic.
Because it’s not reality. We don’t have the workforce and our workforce is too expensive. That’s why it’s a CE topic.
 

RU205

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The pharma industry has been lobbying to do tariffs gradually. Like over 5 years. Why? It's fine to onshore active product and manufacturing, but it will take several years. Creating a supply shortage of sneakers or some consumer good is one thing. Running out of a medication could be deadly.

As for semiconductors. A shortage in chips would destroy the US economy. Besides, TSM already is building a new US manufacturing plant, so why hit them?
Raw materials for medications also come from outside the US to manufacturing plants in the US. I would assume those would have tariffs?
 

MCRU93

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Raw materials for medications also come from outside the US to manufacturing plants in the US. I would assume those would have tariffs?

A large majority of drug ingredients come from overseas, over 70%. Over 25% of raw materials come from China alone. About half of generics are produced overseas. China, India, and Ireland are some of the bigger ones to consider. But the impacts on all this would depend on how a tariff is implemented and even where the drug is manufactured, other components to it, etc etc

If they gradually implement tariffs this would allow drug manufacturers to raise prices gradually. Taking larger increases on drugs to offset the price of a tariff could cause drug manufacturers to incur penalties. But smaller increases would let them keep up with the tariff and potentially avoid penalties.

But TK is also correct. The main thing to avoid would be any shortages
 
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UMRU

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Thankfully Lilly is still going strong. But BMS and Merck, have a patent cliff coming up and Pfizer, Novartis and other companies are having layoffs. Any pharma tariffs will impact the companies currently have revenue issues. They will all rebound in the future, but their stocks will take a hit in the near term.
However, >95% of new medications come from academic research. With the slashing of research support, other countries, especially China, will certainly take the lead. So Big Pharma likely rebound, but it won't be the USA that benefits financially.
 
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BIGRUBIGDBIGredmachine

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Jan 12, 2015
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Video of Trump press conference suggesting injecting disinfectant


right not bleach thanks for confirming

During an April 2020 media briefing, Trump did ask members of the government's coronavirus task force to look into whether disinfectants could be injected inside people to treat COVID-19. But when a reporter asked in a follow-up question whether cleaning products like bleach and isopropyl alcohol would be injected into a person, the then-president said those products would be used for sterilizing an area, not for injections. However, at no point did Trump explicitly tell people they could or should inject bleach into their bodies.
 

drewbagel423

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Oct 30, 2006
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The pharma industry has been lobbying to do tariffs gradually. Like over 5 years. Why? It's fine to onshore active product and manufacturing, but it will take several years. Creating a supply shortage of sneakers or some consumer good is one thing. Running out of a medication could be deadly.

As for semiconductors. A shortage in chips would destroy the US economy. Besides, TSM already is building a new US manufacturing plant, so why hit them?
Logically I would agree. But I don't think that term applies to the market or anything that's been impacting it recently.
 
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bac2therac

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Jul 30, 2001
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another post that has nothing to do with this thread because you cannot keep your tds infection in your small boy pants and you were laughed off the current events board for your takes...

its a stock market thread..its not a poltical thread for people to bring up their political biases

bringing up lies about injecting bleach should call for immediate banning but remember you folk believed alot of phony stuff so you are beyond help