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Whenever they start rolling out new CPUS. Planning to keep it at least for a year unless they significantly jump up.
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Economy Stocks thread v28: in loving memory of Rob Mafia and Brackis1
- Thread starter HOLA
- Start date
Lunar Lake sounds good, but there's a very good chance yields will be problematic, same as Meteor Lake. Meteor Lake had to be heavily propped up, more than most people outside of the industry would see. For example, Intel heavily increased the retailer rebate for Meteor Lake compared to 13th, to the point that it was double 14th Gen HX.
It's also a really bad sign that Intel is scrapping inhouse production of Arrow Lake.
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Similar spot. I'm pretty bullish on the S&P and hit a couple of short term → long term gains a couple weeks ago I was thinking of selling in order to have some cash to throw in on a dip. But also have an arbitrary networth for the portfolio I've been right up against, so was holding to hit that. Keeps getting close then crashing back down.
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Real money is made off of swing and margin trading crypto. Not enough volatility in the stock market.... Save a few tech stocks. If you e been doing it long enough the volatility is very predictable too, especially with it being more tied to tradfi these days.
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Palantir added to the S&P on friday up 8% in pre market Yeah Toasty $ Rabbit
DJT up 8% for no fucking reason I can see..and in 11 days the lockup ends and the sell fest should begin in earnest yet up on Friday and up this morning in pre,,,,,go fucking figure....Booo Toasty $ Rabbit
And my Kraken is shrinking every day for no reason I know of, must be the cold water
Conclusion- You fuckers need to stop wasting your money on truck stop heroin, truck stop speed and truck stop hookers..and meme stock KRKNF for me so start buying with all the money you got, whatever you can borrow and anything you can steal non-violently.....
@boingyman mobilize the outside shock troops.
@HOLA this is the dip, buy you dip buy
@TeTe Sell 1 fake money BTC buy 52,345 KRKNF and invite me on your underwater submersible yacht next year
Thank you
DJT up 8% for no fucking reason I can see..and in 11 days the lockup ends and the sell fest should begin in earnest yet up on Friday and up this morning in pre,,,,,go fucking figure....Booo Toasty $ Rabbit
And my Kraken is shrinking every day for no reason I know of, must be the cold water
Conclusion- You fuckers need to stop wasting your money on truck stop heroin, truck stop speed and truck stop hookers..and meme stock KRKNF for me so start buying with all the money you got, whatever you can borrow and anything you can steal non-violently.....
@boingyman mobilize the outside shock troops.
@HOLA this is the dip, buy you dip buy
@TeTe Sell 1 fake money BTC buy 52,345 KRKNF and invite me on your underwater submersible yacht next year
Thank you
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I think it's a little too high risk for my tastes. I'd throw in some pocket change just to be a Sherbro and make you happy, but it's an OTC stock and the brokers still charge a commission on that.
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I found this video of Mohnish Pabrai talking about OXY and I think he really hits the nail on the head at 1:40 when discussing OXY and capex.
OXY is in the middle of their debt repayment plan, but once that is reduced to their goal - which is still over a year away at least - it should work out the way MP is talking about. That cash flow goes straight to shareholders through buybacks and massive dividend increases.
OXY is in the middle of their debt repayment plan, but once that is reduced to their goal - which is still over a year away at least - it should work out the way MP is talking about. That cash flow goes straight to shareholders through buybacks and massive dividend increases.
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The upside of KRKNF from here is potentially high, but I'm always extra cautious with OTC small caps. If it gets down below its 50 DMA with no red flags I'll consider restarting a position.
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More OXY at $51.43 and $50.40 this week. Also added a small bit to WRB yesterday at $56.88. Coincidentally, WRB just announced they're giving out another special dividend, $.25 a share. 2nd special dividend they've handed out this year. $.50 a share just a few months ago. Much obliged.
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I dont know man, my wife trades ETF's and......... I will have a lot of taxes to pay this year..... the capital in our trade accounts is massive, but we gotta use normal bank to pay taxes..... gotta look into this quarterly stuff/add more to the roth's and trade there.....
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The Federal Open Market Committee trimmed its benchmark interest rate by 50 basis points to 4.75%-5.0% on Wednesday in its first rate cut in more than four years. The committee noted that economic activity continued to expand, the unemployment rate has risen but remains low and further progress was made toward the Fed's 2% goal.
The move aligned with traders' expectation of a 50-bp rate cut, which had a 59.0% probability before the announcement, according to the CME FedWatch tool. The three major U.S. stock averages jumped firmly into the green, with the Nasdaq up 0.8%, S&P 500 +0.5% and the Dow rising 0.4% at ~2:19 PM ET. The 10-year Treasury yield was roughly unchanged at 3.66%.
All except one voting FOMC member supported the 50-bp cut. Michelle Bowman had voted to reduce the rate by 25 bps. That represents the first dissent from a Fed governor since 2005. A district Fed president, Esther George, had dissented on a rate hike in 2022.
In their statement, the central bankers gave little in the way of forward guidance. However, their Summary of Economic Projections shows they're leaning toward another 50 bps of cuts by the end of the year.
"In considering additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks," the FOMC statement said.
Recall that the central bank cut the federal funds rate target range to near zero when the pandemic hit in March 2020, then raised it by 525 bps between March 2022 and July 2023 to combat the highest inflation the U.S. had seen in decades.
"What’s of major consequence is the pace of future cuts and eventual terminal rate," said David Alton Clark, Investing Group Leader of The Winter Warrior Investor. "If the terminal rate is seen as too high or the pace of cuts seen as too slow, this could be trouble for markets."
Fed Chair Jerome Powell will speak about the Fed's action at 2:30 PM ET. "How Fed Chair Powell frames the decision in will carry the day," Clark said. "Historically, the market responses more favorably to a gradual pace of rate cuts leading to normalized, less restrictive terminal rate."
The rate cut is just the beginning of the Fed's easing path, but it's not likely to result in drastically lower mortgage rates soon, said Lawrence Yun, chief economist of the National Association of Realtors. "The justification [for the cut] is cooling inflation in recent months and lighter job gains. Mortgage rates have already anticipated the Fed’s likely path. That is why the 30-year rate has fallen by 150 basis points from early in the year to today. Any further decline in mortgage rates will be minimal."
The move aligned with traders' expectation of a 50-bp rate cut, which had a 59.0% probability before the announcement, according to the CME FedWatch tool. The three major U.S. stock averages jumped firmly into the green, with the Nasdaq up 0.8%, S&P 500 +0.5% and the Dow rising 0.4% at ~2:19 PM ET. The 10-year Treasury yield was roughly unchanged at 3.66%.
All except one voting FOMC member supported the 50-bp cut. Michelle Bowman had voted to reduce the rate by 25 bps. That represents the first dissent from a Fed governor since 2005. A district Fed president, Esther George, had dissented on a rate hike in 2022.
In their statement, the central bankers gave little in the way of forward guidance. However, their Summary of Economic Projections shows they're leaning toward another 50 bps of cuts by the end of the year.
"In considering additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks," the FOMC statement said.
Recall that the central bank cut the federal funds rate target range to near zero when the pandemic hit in March 2020, then raised it by 525 bps between March 2022 and July 2023 to combat the highest inflation the U.S. had seen in decades.
"What’s of major consequence is the pace of future cuts and eventual terminal rate," said David Alton Clark, Investing Group Leader of The Winter Warrior Investor. "If the terminal rate is seen as too high or the pace of cuts seen as too slow, this could be trouble for markets."
Fed Chair Jerome Powell will speak about the Fed's action at 2:30 PM ET. "How Fed Chair Powell frames the decision in will carry the day," Clark said. "Historically, the market responses more favorably to a gradual pace of rate cuts leading to normalized, less restrictive terminal rate."
The rate cut is just the beginning of the Fed's easing path, but it's not likely to result in drastically lower mortgage rates soon, said Lawrence Yun, chief economist of the National Association of Realtors. "The justification [for the cut] is cooling inflation in recent months and lighter job gains. Mortgage rates have already anticipated the Fed’s likely path. That is why the 30-year rate has fallen by 150 basis points from early in the year to today. Any further decline in mortgage rates will be minimal."
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My Bank stocks I bought 6 months too early are cooking right now. Thought the rate decrease would have been sooner but still #JPOWBLESS.
I am up 148% in $TREE and not even thinking of selling, they are still down 80% from 5 years ago so still has room to run. I am up 22% in $BHB and will think about selling after the next dividend.
I got back into $PSNY at $1.38 after getting out a while ago with a loss. They should have 20,000 cars delivered this quarter. They had 12,600 cars delivered in July and August, and opening up more dealerships in England. That said if it gets dragged down to 1.38 I will sell at no loss and be done with the stock.
I am up 148% in $TREE and not even thinking of selling, they are still down 80% from 5 years ago so still has room to run. I am up 22% in $BHB and will think about selling after the next dividend.
I got back into $PSNY at $1.38 after getting out a while ago with a loss. They should have 20,000 cars delivered this quarter. They had 12,600 cars delivered in July and August, and opening up more dealerships in England. That said if it gets dragged down to 1.38 I will sell at no loss and be done with the stock.
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