so we're just gonna revery back to last weeks everything
>currency back to where it was >stocks >commodities
proof that the market is fake and gay. Just earn more money and stick all your money in the market in the next 6 months and you'll be 10x richer in 2030
I know begging and advertising isn’t aloud but fuck it I’ll take the ban. Like and subscribe to my stupid /diy/ YouTube so I can get build a foundation for YouTube bucks. youtu.be/pYJrGZyKsUk
>Welcome to /smg/! >The thread where everything's made up and the points don't matter! >That's right the points are like an American citizen on election day. >To start off this thread we've got scenes from a hat. Our first scene is "Things you can say about your stock portfolio, but not your girlfriend."
>Imagine having a 401k right now >imagine thinking you're getting a good deal in an 8% inflationary environment with a hawkish fed >imagine being long at all outside daytrading >imagine being bullish on a dead country like America lol, lmao even
Low volume dump means no one is buying which is even worse. High volume means everyone selling, but this is just a slow bleed of no bidders
Joshua Murphy
Name one country with a positive outlook on the future.
If you can't, then why expect money oiles to be thrown anywhere else besides America?
Xavier Moore
Fed needs to not back off then. Just hold it there until markets finally get the message to change behavior. Or wait until inflation drops and cut rates down lol.
Luis Fisher
when it comes in at 75bps market will pump
Ryan Lee
So when will the raising rates make rent come down?
Isaac Ramirez
>I just ignore it when it goes down
Camden Young
I blame Joe fucking Biden.
Elijah Clark
been working like a retard today and am out of the loop why is everything shitting the bed?
#1 issue is inflation and the psychological effects. They can pivot afterwards but they won't stop till they crush inflation. Way higher risk of them overshooting like always than a pivot, pivot is wayyyyyy fucked up probabilities of, copium shit
Nathaniel Richardson
Unironically India. They've navigated things well, seem to have their shit together politically & technologically, and just saw their rival Pakistan knocked out by megafloods.
Wyatt Walker
NASDAQ -5% IS COMING!!! I TOLD YOU!!!
MY SOXS IS UP 16.5%!!!!
bear squad
Jayden Martin
>china sanctions but when Trump does it, it's racist. got it.
probably and that's why it's a dumb idea to try and short FOMC. It pumps every time so far. Wouldn't surprise me if they have someone step in to buy to save face for Jerome. Would look really bad if he started flapping his lips and the market sold off.
Jeremiah Perry
ETH merge on Thurs
Leo Sullivan
Interesting
Gavin Howard
I'm glad i pulled out early while everybody else was still in. capcha: PRTAY ARE WE HAVING A PARTY BROS?
>their shit together politically kek are you kidding? India isnt stable and has its economy crashing too.
Joshua Baker
Nothing’s coming down until Powell gets unemployment to go up. There’s too many overvalued tech companies handing out insane salaries to tech bros who do fucking nothing all day. When Powell can get those workers shifted into blue collar industries that need workers (like in the dot com bubble), inflation will finally come down
Bentley Allen
Reminder we are having a MASSIVE up day if you flip the charts upside down!
see that's the thing, there is no money dummy. The curtain was pulled back and now everyone realizes that money in and of itself has no value. The only thing propping it up is the fed and tutes forced to. No reason to be long anything right now even buffet said it at one point that you need to focus on the things you're good at and capitalize on them and not think about the market anymore. It's over. for a long time people won't be using the American stock market as a piggu bank.
Brazil if Bolsonaro wins this election only actual country with deflation and positive growth this year.
Liam Hall
WE CALL THIS A CAPITULATION
WOAHHHHHHHHH LOOK AT THAT NASDAQ 100
WOAHHHHHHHHH LOOK AT THAT ALMOST 1000 POINTS DOWN
THEY'RE GONNA HALT TRADING WE CAN'T STOP THE TRADING
Jackson Rogers
>Nothing’s coming down until Powell gets unemployment to go up The fed has to pursue maximum employment. Rates were supposed to affect core CPI but rent seems to give literally zero fucks about what the feds doing, based on this report.
Jayden King
Listen, the stock market crashing is ACTUALLY a good thing because it destroys white peoples wealth!
Juan James
Of course Biden announces fucking incoming sanctions on China the same day everything is already tumbling, kek'd
India has a fucking horrible outlook in the future. Their government is a total mess that is regressing hugely (Hindu theocrats are coming into power, not addressing economic vulnerabilities, still subsidizing a capital sinkhole that is the indian agrarian economy)
India gdp in 2017 was 2.65 trillion and in was 2.85 trillion in 2021. A growth of barely 200 billion in 4 years, average of 1.7% per year, which is absolutely crazy for a developing country. Manufacturing and production management has been the biggest concern for our country.
You know what's fucking insane? India has potential to become like Taiwan x10 with how many semiconductor resources India has. But they are too fucked with their messy infrastructure to be even close to getting their semiconductor industry up and started.
When (or more likely IF) India gets their act together with semiconductor, semiconductor prices will drop a lot and the world economy should accelerate because that means more productivity multipliers using semi chips, etc.
But that won't happen if India keeps electing retards who blame circumcised Muslims for economic issues
Benjamin Taylor
Good morning sir
Jeremiah Reyes
Rents are sticky. Until people are u employer and tongueing landlords anus inflation will not abate.
Thomas White
Exactly. Lower asset prices is good.
We are literally in the process of reducing the wealth gap
The fed is trying to save the dollar/inflation (thus WAGES!!!)
Daniel Baker
>isnt stable Huh? You think the US is in a more stable position? Or the EU is? China?
Alright look don't talk about my people like that. I recently found out I have kike blood in me and my perception of the world has changed. I now realize why I made it by the age of 30 when no one else I know did.
yea I sold for a neat 30% profit what can I say, I didn't want to hold when the rally came
Kayden Price
Give me some reparations now Moshe
Owen Hill
Your people? You me our people right? Fucking moron.
Nathaniel Fisher
>was right >almost exclusively short positions >nothing is running, up 1% I dont even know whats wrong with my portfolio.
Parker Kelly
Tell that to Paul Volcker:
>inflation was out of control for years >Volcker came along and said enough is enough >jacked rates up so high that unemployment went to 10% >devastated blue collar workers at the time and gave no fucks about it
Why do you think Powell keeps talking about the inflation of the 70s and 80s? He’s trying to avoid inflation lasting for a decade like it did back then, but he can’t come out and say “I’m trying to get a bunch of people fired and destroy their garbage companies”. But that’s how you kill inflation if supply can’t be fixed
>10yr went up 10bp >tmv/tyo barely moved The fuck?
Oliver Johnson
My people. I have not verified your jew status as you do nothing but lose money while I have nothing but gains. reparations for whom? Show me your hands.
>Huh? You think the US is in a more stable position lmao dude yeah the US is the most stable in the world. Thats why the USD is sky rocketing. Go look at indian culture. Theyre nuts and the so is the government.
Cameron Richardson
Am I seriously the only one with SOXS
you lame fuckin nerds
Jason Carter
I got some $390s for 9/28 $376s for 9/28 $380s for 9/28 $395s for 9/30
Noah Bailey
Skin against skin, blood and bone You're all by yourself but you're not alone You wanted in and now you're here Driven by hate, consumed by fear
"President Biden Hosts an Event Celebrating the Passage of the Inflation Reduction Act". That guys is a complete joke. It's live now on youtube.
Jayden Brown
The market realized Joe Biden is president.
we don't use hate speech like 'nerds' itt user
Grayson Watson
Bought me a QQQ put that expires on the 21st this morning, have gained a couple bucks. Question is, do I sell at close today or roll the dice and hold until tomorrow? Are the markets going to decide that economic catastrophe is priced in and bounce back up? Or are we in for another day of red?
James Stewart
I have 100 295p for tomorrow ;-)
Mason Wright
bros it keeps dropping i cant keep up with my stop loss orders is this the big one