Search results

I think the SPAC companies began to roll over long before the markets did. SPACs have existed for a while but they became overused by the Wall Street scammers especially the head scammer -- the south Indian guy who SPAC'd SPCE, Draft Kings, etc. I mean if you can't get vetted by Investment...

That is the most likely case. Reminds me of the NINJA loans given out from 2004-2007 by the mortgage scammers in Southern California & Las Vegas. They all knew it was going to implode but since the GSEs (Fannie Mae & Freddie Mac) bought the loans they didn't care what happened to the buyers, it...

Is there any body in this industry that isn't a scammer?

I remember seeing that JPow meme on r/wsb back in October when the rally collapsed. Who knew that Q3 GDP would be up 3.2% and Q4 is currently tracking at 3.7%. It won't be negative any time soon. Probably 2023 Q3 if you're lucky. That means more pain for the markets especially the worthless...

CZ lost more money than everyone combined from #2-15 ($61.5B vs. $54.8B). I guess Jed McCaleb was hedged? Or XRP didn't do as bad the other tokens.

I remember playing their Alpine Skiing game at my friend's house back in 1982. I think that was for the Atari 2600 system since I only had the original Atari 1300 system. I think Phoenix & Missile Command were the best games on the original Atari. I think there was a company called Colecovision...

This seems to be region specific. Here in the SF Bay Area its definitely true. Real Estate prices haven't down much but in SF specifically the Condo prices have come down a lot which is probably related to parts of SF having a lot of issues mainly relating to the problems created by work from...

Why single out SBF? CNBC will pump any and all financial criminals just like they pumped up Enron back during the energy crisis in California or how about Cramer and his endless pumping of WeWork & Theranos founders. CNBC isn't called Bubblevision for nothing.

If BTC is indeed a liquidity "sponge" as some claim, then 2022 should have gone down more than 2018. That means Powell & Co aren't done draining the excess liquidity. Why do FTT & Doge still exist at all?

CRM doesn't seem to fit in with the other stocks. MSFT doesn't either but at least it is a leader of its industry. They should have removed GE much earlier and left XOM in there. Since Feb 2020 CRM is down 20% and XOM is up 110%. I think DJ30 strength is the rise of the industrials & defensive...

I remember Gaylord Perry one game in the late 70s he was ejected for throwing a "spitball". I think it when he was on the Braves and it was against the Mets. He was famous for his "Vaseline" usage from under the brim of his cap. Clarence Gilyard's best role was one of the gang that infiltrated...

These USD collapse articles are pretty useless since all that really matters is the reserve currency rules the globe. Any hint of crisis and global flows head to straight to the US markets. USD has been the reserve currency pretty much since the beginning of WWII especially since the end of...

Long VIX right now seems like a knife catching exercise. Its going to back up because it went back up the last 2 times? That seems like a strategy of hope. This market is very momentum based so it seems the best strategy is to wait for the VIX to break the downtrend and then short the market...

Looks a lot like the Brooklyn style pizzas I used to eat when I lived in Queens, NYC. I lived in LeFrak City, Queens from 1973-1976 and there used to be a Brooklyn style pizzeria right across the street fro our apartment. Brooklyn style pizza were mostly cheese, very thin and I believe you were...

From its debut in Feb 2010 until Nov 2021 it went from roughly $0.40 to $92. An amazing gain of 230X. I doubt the best hedge fund in history even achieved that. That's a 3.9% monthly gain for 141 consecutive months. Those days are probably for the QQQ. If inflation persists you can probably do...

CPI/PPI are just measures of inflation in the system. High inflation helps stocks in the Energy & Agricultural/Foods sectors. Unfortunately it hurts most other industries so that's why everyone is focused on it. Stocks like Wayfair, Purple, Williams Sonoma, etc. in the home decor market are...

Orbital is not Trance. When they first came out in 1990 they were considered to be Minimal Techno as Rave was the predominant music played at clubs. Rave has been reclassified as Hardcore but it was the dominant music played in the clubs in London, NYC, Chicago, etc. from 1989-1992. Chime was...

Wonder why it took so long for the market to rocket higher. After Powell said lower rate hikes starting in a few weeks I would have thought the markets would zoom higher. The DJ30 is very close to a higher high. If the DIA closes above the 8/16 close of $341.74 it would be a higher high. It is...

I guess buying MBS in a booming real estate market wasn't a good idea after all? My favorite idiocy from the Fed was buying Apple bonds in the heart of the pandemic. Yes I'm sure a monopoly like Apple needs charity from the Fed to survive. From Greenspan to Powell just a bunch of Ivy League...

Your uses are not CPU intensive so its doesn't matter, however if you want a high end gaming box you want nVidia especially if the games you play benefit from Ray Tracing. nVidia's implementation of Ray Tracing is far superior than AMD's. The best card in terms value & performance is the RTX...