One thing I might suggest is to give it time. You make *so* many good and valid (and true) points, but it'll take time for all of this to work itself through the market and the broader economy. That's part of the reason I bout my put leaps for NVDA; the short/medium term will be wildly unpredictable even though the writing's on the wall.
It’s Bidenomics, best economy ever. It’s painful how long it takes for the wheels to come off when you can see the whole thing is a sham, the 3rd massive asset bubble in 25 years (2nd housing bubble in 15 -- really?!?). But ‘the market can stay irrational longer than you can stay solvent...’. Was that Keynes who said that? Wouldn’t that be fitting...
Hey there, Phil, that's dangerous thinking. Be a good citizen and just accept the headline numbers. Don't look at revisions, birth/death model figures, or trucking collapsing. Everything is gREaT!
War is peace. Freedom is slavery. Ignorance is strength.
If we don't vaporize the Northern Hemisphere, the stench from Washington and Wall Street will kill us all. I include Wall Street, btw, only because of the Federal Reserve's disgusting, Fiat tentacles metastasizing through all of it.
Well, I dipped my toe going short the Nasdaq with $QID. Up nine days in a row? Today seemed enemic. Maybe a short trade for me. Like hitting the Roulette table with 9 red hits and betting black for a spin.
It certainly could. And the longer it grinds higher on multiple expansion for 7 stocks, the worse the decline is probably going to be when they inevitably reverse.
One thing I might suggest is to give it time. You make *so* many good and valid (and true) points, but it'll take time for all of this to work itself through the market and the broader economy. That's part of the reason I bout my put leaps for NVDA; the short/medium term will be wildly unpredictable even though the writing's on the wall.
Very good point 🙏
It’s Bidenomics, best economy ever. It’s painful how long it takes for the wheels to come off when you can see the whole thing is a sham, the 3rd massive asset bubble in 25 years (2nd housing bubble in 15 -- really?!?). But ‘the market can stay irrational longer than you can stay solvent...’. Was that Keynes who said that? Wouldn’t that be fitting...
Hey there, Phil, that's dangerous thinking. Be a good citizen and just accept the headline numbers. Don't look at revisions, birth/death model figures, or trucking collapsing. Everything is gREaT!
War is peace. Freedom is slavery. Ignorance is strength.
If we don't vaporize the Northern Hemisphere, the stench from Washington and Wall Street will kill us all. I include Wall Street, btw, only because of the Federal Reserve's disgusting, Fiat tentacles metastasizing through all of it.
Is it beer-thirty yet?
It is.
it always is.
Well, I dipped my toe going short the Nasdaq with $QID. Up nine days in a row? Today seemed enemic. Maybe a short trade for me. Like hitting the Roulette table with 9 red hits and betting black for a spin.
Godspeed! Glad to have you on the dark side 😂
Hate to see a man shoveling alone.
This isn’t going to end well, but this nonsense could continue for months before a crash happens.
It certainly could. And the longer it grinds higher on multiple expansion for 7 stocks, the worse the decline is probably going to be when they inevitably reverse.