Boiler Room: The Official Stock Market Discussion

BreezyH

All Star
Joined
Jun 7, 2013
Messages
2,500
Reputation
280
Daps
3,912
Reppin
Brooklyn
:beli:

I’m kind of confused at the rhetoric that’s out there.

So we need to crush inflation.
Raising the rates is a way to crush inflation.
Money has been cheap for several years.
By “barely” increasing the rates people are complaining that central banks are doing too much.
So if we reduce the rates prematurely, inflation has a chance of coming back.

I mean seriously I rather crush inflation at point then do this half ass shyt.



It’s imperative that you think of these people as heroin addicts - low rates are their drug
 

Serious

Veteran
Supporter
Joined
Apr 30, 2012
Messages
79,820
Reputation
14,192
Daps
189,763
Reppin
1st Round Playoff Exits
Just thinking out loud here..

Are there any big macro plays on the horizon that can send this market downward from here?

We potentially are straight until next week?

CPI drops next Thursday.

BLK (blackrock) reports that day as well, then big banks report on Friday.

I could see the end of next week being potentially bloody if the CPI numbers aren't down and big banks forecast more pain in the near future.


/rant
 
Last edited:

chineebai

Superstar
Joined
May 11, 2012
Messages
11,108
Reputation
941
Daps
30,176
Reppin
NULL
Just thinking out load here..

Are there any big macro plays on the horizon that can send this market downward from here?

We potentially are straight until next week?

CPI drops next Thursday.

BLK (blackrock) reports that day as well, then big banks report on Friday.

I could see the end of next week being potentially bloody if the CPI numbers aren't down and big banks forecast more pain in the near future.


/rant
Technically speaking we’re still in a very bearish environment. Markets can go up 1000 points and still be bearish. It’s a day by day thing for me.
 

Serious

Veteran
Supporter
Joined
Apr 30, 2012
Messages
79,820
Reputation
14,192
Daps
189,763
Reppin
1st Round Playoff Exits
ARK loading up on TSLA again :hubie:

arkt.png
 

yseJ

Empire strikes back
Joined
Apr 30, 2012
Messages
43,950
Reputation
2,506
Daps
63,040
Reppin
The Yay
:beli:

I’m kind of confused at the rhetoric that’s out there.

So we need to crush inflation.
Raising the rates is a way to crush inflation.
Money has been cheap for several years.
By “barely” increasing the rates people are complaining that central banks are doing too much.
So if we reduce the rates prematurely, inflation has a chance of coming back.

I mean seriously I rather crush inflation at point then do this half ass shyt.


My understanding is the problem is if you raise rates too fast, a lot of people wont be afford mortgages, theres gonna be more defaults for loans, credit lines, etc
Yes, you are making people spend less and artificially deflating value of money, but in process you hit the people who used money to get something that they need and now they cant afford it anymore. I mean, isnt rapidly increasing the interest rate after it being tiny for so long, one of the biggest factors that caused 2008 crisis ? (obviously more complicated with loans being sold etc)


not that I think anyone here is that rich, but Im kinda curious as to what happens to SBLOCs in a situation where the market is down and interest rates are rising. Avoiding the tax on capital gains but the loan interest rates shoot up and the collateral securities prolly getting liquidated because they are now less in value ?
 

Serious

Veteran
Supporter
Joined
Apr 30, 2012
Messages
79,820
Reputation
14,192
Daps
189,763
Reppin
1st Round Playoff Exits
Technically speaking we’re still in a very bearish environment. Markets can go up 1000 points and still be bearish. It’s a day by day thing for me.
early PM, the day outlook is pretty bullish shyt can change by the time the market opens though

But the VIX is under 29.29
SQQQ is at 53
SPY at 372


I'm going use this time to trim some shyt I bought last week and hedge for a disaster next week. :hubie:


I don't think we're out and in the clear just yet either. :hubie:
 

chineebai

Superstar
Joined
May 11, 2012
Messages
11,108
Reputation
941
Daps
30,176
Reppin
NULL
picking up a few SPY calls, very very short term, very very tight stops.
from yesterday. I usually trust buy signals but in this environment I rather take the profit rather than risk anything overnight. Could have made 200%+ instead of 8% .

Historically during this time and through election we see the biggest bull runs, will it be the same? Nobody knows. Manage it day by day. Energy names have been perking up lately so I have a few XLE calls.
 
Top