Investing

[chasfh]

1 hour ago, Tigermojo said:

Someone is gaining by pulling his puppet strings.

Underestimate Trump at your peril.

[Tiger337]

4 hours ago, chasfh said:

Underestimate Trump at your peril.

I'm at his peril regardless, but he's a moron.  At no point in the last 40+ years has he not been a moron.  

[Deleterious]

Nikkei opens down 3.5%

[Deleterious]

WTI under $60. 

Nikkei now down 5.5%.

[Screwball]

Nikkei down around 4 1/2. S&P futures down less than a percent.

Might be a good time to buy crude for the SPR.

Weekly U.S. Ending Stocks of Crude Oil in SPR

[Screwball]

23 hours ago, gehringer_2 said:

big spike but no price action so it was in both directions - somebody or a bunch of somebodies clearing/resetting hedges?

Don't know. Looks funny to me. Who knows what the pigmen are up to. I find it more interesting to see that huge candle yesterday that closed the gap. No more worry about gaps, you are free to fall. Just what it did today. Yet, it looked kind of ugly until around 12:30, then recovered a bit.

Volatility is off the charts. Expect bank trading profits to be good next earnings report. Giggle.

Probably not a popular statement, but this **** has went on since forever. Leaks, frontrunning, and whatever other crooked **** these pricks come up with. We get fleeced.

Blue Horseshoe loves Anacott Steel"

[Deleterious]

No clue when Congress and cabinet members have to report their stock trades. But that could be a fun day.

[Screwball]

Never gonna happen.

We ain't in the big club.

This is why they hate Trump. He is too stupid to STFU and puts the swindle on full display. The quiet part out loud as they say. Sweet talking con-men are much better, and America eats it up.

[1776]

YTD

NASDAQ  -15.01%

DJIA.        -6.60%

S&P500.  -10.23%

[chasfh]

14 hours ago, Tiger337 said:

I'm at his peril regardless, but he's a moron.  At no point in the last 40+ years has he not been a moron.  

Then we have nothing to worry about. 🫠

[Tiger337]

22 minutes ago, chasfh said:

Then we have nothing to worry about. 🫠

Stupid people can do a lot of damage too.  

[mtutiger]

 

[Deleterious]

 

[Tiger337]

On 4/9/2025 at 1:08 PM, Deleterious said:

One other thing.  JPow's term ends in May 2026.  It will be interesting to see who the president appoints to that position.  It will be a dove for sure, but no clue who is dovish among the candidates. 

He likes TV personalities who put on a show, so maybe Cramer!  Only half kidding.  

[Deleterious]

15 minutes ago, Tiger337 said:

He likes TV personalities who put on a show, so maybe Cramer!  Only half kidding.  

I was curious how they selected a new Fed Chair.  After some reading, I found the President has to appoint someone from the current board of governors.  So good news, he can't select some random person.  It will be one of these 7.  I guess 6 since I doubt he taps Powell again.

https://en.wikipedia.org/wiki/Federal_Reserve_Board_of_Governors

[Tiger337]

8 minutes ago, Deleterious said:

I was curious how they selected a new Fed Chair.  After some reading, I found the President has to appoint someone from the current board of governors.  So good news, he can't select some random person.  It will be one of these 7.  I guess 6 since I doubt he taps Powell again.

https://en.wikipedia.org/wiki/Federal_Reserve_Board_of_Governors

In that case, it will be Christopher Waller.  

Can't trust a woman, Black man or Democrat in matters involving money.  

[mtutiger]

 

[1776]

Wells Fargo 30 year mortgage is sitting at 7.0% this morning with a point down. 
 

MAGA.      Make America Grunt Again 🥵 

[Deleterious]

9 minutes ago, Tiger337 said:

In that case, it will be Christopher Waller.  

Can't trust a woman, Black man or Democrat in matters involving money.  

Maybe.  I still think it will be the biggest dove he can find.  He is constantly bitching about the interest rates being too high.

 

[Deleterious]

VIX is at 43.31 right now.  Last two times it was that high was covid and then 2008.

[chasfh]

11 hours ago, mtutiger said:

 

Defund Umich.

[chasfh]

10 hours ago, Deleterious said:

 

Once he fires Powell and install a lackey and they immediately slash rates to zero, those 30 years will come back down to sub-2.

[chasfh]

9 hours ago, Deleterious said:

I was curious how they selected a new Fed Chair.  After some reading, I found the President has to appoint someone from the current board of governors.  So good news, he can't select some random person.  It will be one of these 7.  I guess 6 since I doubt he taps Powell again.

https://en.wikipedia.org/wiki/Federal_Reserve_Board_of_Governors

Yes, that’s exactly how Trump will do it, because that’s what a totally normal president would do.

Edited yesterday at 01:32 AM by chasfh

[Tiger337]

19 minutes ago, chasfh said:

Once he fires Powell and install a lackey and they immediately slash rates to zero, those 30 years will come back down to sub-2.

According to the link that Del posted, he can not install a lackey.

[chasfh]

9 minutes ago, Tiger337 said:

According to the link that Del posted, he can not install a lackey.

Yeah, you’re right, trump would never break a rule.