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Posted (edited)
2 hours ago, Coelenterate Fuccboi said:

My advice, disconnect your economics education from your short-term trading.

Already did.  I can be right long term and wrong short term, it's happened before and it cost me.  Can't fight momentum and exuberance, despite what I see coming. My Dad just told me with all the fantastic news with tariffs, along with impending peace in the Middle East and Ukraine the market is going on a multi-year run to the moon! 

For me I will likely give back about double what I made on PLTR, this AM in all likelihood. Or worse depending on the drop.   I'm still mostly cash, but FOMOing today.  

Longer term I still see inflation hamstringing the fed, and rates not receding to where they will need to be to add another big chunk onto the debt/deficit.  It will be interesting to see the appetite for US retailers to bite off 30% in additional expenses on china imports.  You have to assume some retailers are going to have to start paying the fees, or potential have the problem of empty shelves and no income.  The costs will be passed on to US consumers, and this is going to take more time. But it's coming, and inevitable. 

PS- seeing some of the surges in retailers may give me an opportunity shortly to the downside.

 

 

Edited by horn4life
Posted
40 minutes ago, SuingToGetAMessageBoard? said:

Walmart down on the day, which surprises me.  Seems like they'd be buoyed by Chinese deal more than anyone.

30% is still an insanely high tariff rate.

Posted
7 minutes ago, SuingToGetAMessageBoard? said:

the krassenstein brothers are retarded.  they are the left's version of joe rogan.

Good to know. it popped up, and lately it has been difficult to tell Onion articles from the daily news. 

Posted
5 hours ago, horn4life said:

Anyone know why Soundhound (SOUN) is spiking today? +20% on the day?

Discourse comimg out of Geneva is that China will be more favorable to opening their markets..  These guys have business in China is my guess.  AI voice space is right up the China alley.

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