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UTGrad98

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Everything posted by UTGrad98

  1. The more I read about stagflation the more I don't like it.
  2. The scary thing is we havent even heard what the other countries' response and counter tariffs will be. And then what our response is to that, and so on and so forth.
  3. SPY went from around 569 after hours to 548 as of this post. For it being after hours where there usually isn't crazy movement, this is some March 2020 covid level selling.
  4. I loved so many of his movies growing up. I wore out VHS tapes of Real Genius. Top gun, willow and tombstone. This one sucks. Rip.
  5. They haven't green lit season 4 yet which is concerning. I'm not sure there will be this kind of money thrown at WoT ever again. Hopefully it gets at least 6 seasons to finish the story.
  6. Right now crypto is tracking the nasdaq just with a higher beta. I too have thought about crypto and specifically bitcoin now that you can trade it in some brokerage accounts but it is super risky. I would be very careful thinking it will diverge from the direction of stocks. If we get a 40% market crash bitcoin could crash 80%. It would be right at the bottom where you could have a ridiculous return in 2 years. But where is the bottom. That's the trick. For me personally I would never touch bitcion unless it goes back down to the 20-25k range. My fidelity and schwab account both allow for me to trade it. My vanguard account however does not.
  7. I dont like tariffs mostly because I have had to look up how to spell it multiple times. 1 R and 2 Fs? 2 Rs? 1 F ? Its a shitty word with shitty spelling.
  8. Better yet change the basketball forum to the women's team and put men's basketball in the 'other' sports forums until they earn it.
  9. When you are good at something, people will tune in and follow. Take notice men's basketball. You are currently THE stain of our University of Texas athletic programs.
  10. https://tradethatswing.com/a-history-of-stock-market-percentage-declines-15-to-50-in-charts/ An interesting article I came across
  11. ] 4.3% in a vanguard mm account seems pretty good right now. The question is, will you be able to get back in when rates go down to 0.5%, all hell is breaking loose and every article you read says it's going to keep going lower. Because that shit turns on a dime and doesn't come back once it starts going back up. There are no do overs. No retests of that low.
  12. https://www.atlantafed.org/cqer/research/gdpnow Q1 GDP est down to -2.8 from -1.8 previous estimate. I still don't understand this gold adjustment bs (-0.5). But admittedly I havent tried to. I assume it's still not good.
  13. Of course. Notice how he got quiet after we hit and moved up from the 10% correction a couple weeks ago. Now that we hit where we were supposed to which was just above the 200 day moving average, the rhetoric started back up. I will be shocked if we don't see at least a 20% drop from our January highs. Shocked. Next week is going to be absolutely nuts one way or another. My guess is we hit SPY 520 in the next 2 weeks. Then another bounce while the rhetoric dies off. Then back down to 20% bear market. And that's not even counting if we are already in a recession. If the actual numbers start to look bad, hold on to your butts.
  14. Well shit, what's 613 x 0.9 again... I may have to do a quick day trade if it gets that low today. I think it wont hold at all though. We most likely are going down to the 520s with this next leg down.
  15. Books 4, 5 and 6 are really the strength of the story. Hopefully it will be picked up for season 4 and 5 where they can finish through book 6. Then condense books 7,8,9 into 1 season. Then condense the remaining books into the final season. Jordan was on the money grab after book 6 anyway. Besides the ending of book 9 which was awesome, I struggle to remember much of anything from book 7 on.
  16. This feels like the start of the next leg down if the tariffs start getting signed today. Of course with trump he can manipulate however he wants so it's basically a coin flip from one day to the next. Let's see if we close below the 5 day moving average.
  17. 10% a week for the next 10 weeks is probably the smartest. But for me, Im gonna try and time this sucker. Why live life if you dont try and time the market.
  18. Threads with no purpose.
  19. Let me be the voice of reason here. What if it is God and Jesus?
  20. If you never thought in a million years she would fall for something like this, there is a chance she is beginning to have dementia. Falling for things like this is a warning sign. And the bitcoin is gone. The money is lost.
  21. those trees look like they come alive at night
  22. I didn't even know season 3 was released yesterday. Books 4 and 6 were my favorites so I'm excited to see this season. I'm fine with most of the changes so far and enjoyed season 2 especially. I just want them to focus on rand and the main characters more and less on Moiraine and other side characters
  23. Let's say there is something to this. Since the institutions bought the technical bottom, then they would not want any tariff talk this weekend and at least until Wednesday afternoon. You could go a step further and say when Powell holds rates steady it gives perfect cover for trump to say Powell made a huge mistake by not cutting and that he doomed our economy with his stupidity. Then tariff escalation resumes and stocks start to fall again down to bear market levels. Seems pretty quick to do as a rebound like this typically lasts longer than 3 or 4 trading sessions but let's see what next week brings. And that's not even talking about the real possibility there is an actual recession which has already started even without all the tariff talks to amplify it over the past month.
  24. Another thing Im keeping track of is the 5 day moving average. We pushed up against it the past few days and then sold off immediately and couldnt hold it (It was at around 562-564 earlier in the week). Today seems much more manageable in terms of breaking through. Again this is the information Im filing away for the next 10% correction in say 2 or 3 years from now. I wont bet this type of money unless the benefits outweigh the risk. For me, its the 10% and 20% initial drops where I feel the benefit outweighs the risk. Im conservative by nature and wont mess with the good thing I have going with my semi-retirement etc etc. The rest of my money is having a good day today. My money market account I was a day late in holding. I bought Tues and held until Thursday mid morning. They really make the little guy sweat it out. Buying at the 10% mark and then having it go negative before it explodes upward really messes with your psyche.
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