Boiler Room: The Official Stock Market Discussion
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
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
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
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SleezyBigSlim
Banned
Played the market dangerously on SPY today, scalped a few puts by pure luck even though it's been green all day. I'm starting to get better at reading charts in correlation with the VWAP.
Chrishaune
Veteran
Silver went up 8% today 
ARK loading up on TSLA again 
yseJ
Empire strikes back
that robot they showed was hilariously badDidn’t expect Tesla to drop even lower
yseJ
Empire strikes back
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 ?
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.
I don't think we're out and in the clear just yet either.
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.
Spy is taking off
already up 3%Still early in the day