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    Chicago Mayor Brandon Johnson bizarrely blames Richard Nixon for surging gun violence

    Its probably a reference to the CoIntelPro programs run by the FBI against the Black Panther. Still seems like a reach.
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    Citi lifts S&P 500 year-end target to 5600

    What a joke Citibank has become. Just like JP Morgan they have missed the entire rally from November 2022 onwards. Who would have thought banks would be permabears. The chief strategist from JP Morgan just got fired last week because he missed the entire AI train. Mike Wilson who still has a...
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    Goldman's Head Of Research Crucifies "AI Bubble":Not One Transformative Application Has Been Found

    You are delusional. nVidia created the whole market from scratch in the late 1990s. Nobody is even close except maybe AMD's Radeon division. I hope you didn't bet all your money. You will lose.
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    You think there is a similarity to 29'? --> Chart

    Looks like we got our daily thread of "this market is just like 1929 RCA/2000 CSCO." Next we need some more threads about how NVDA is about to crash. If this ends in a bubble, which is likely, only when no one is left to buy will it actually crash. That's probably at $9-$12 trillion in market...
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    Bitcoin Price Thread

    Even rate cuts on the horizon can't get BTC to rise. It looks broken to me. I was gonna sell my Aug $20 BITO puts but I'll keep them for now.
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    This guy says ai is unproven and effectively useless...

    Apparently every rise in price is a bubble. The time to sell is when permabears like this tell you to buy.
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    Bitcoin Price Thread

    1) BTCUSD trades every day so on Monday's it's gain is based on the delta from Sunday. For the ETFs the delta is from Friday. 2) BITX is a 2X BTC product. 3) BITO, HODL, BITB & IBIT are pretty close to the actual price +-1% or so. IBIT is the most liquid so it is likely the most accurate.
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    Election 2024 Foreplay

    Why is Disney stock such a dog with fleas? I get the impression from friends that their parks have gotten so expensive its not even worth going anymore. Looks like the same problem fast food restaurants have now.
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    Election 2024 Foreplay

    Who is Coco? I'm out of the loop on this.
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    Election 2024 Foreplay

    Biden is still the Democrats best chance to win. Kamala Harris is a disaster. She was an extremely unpopular DA here in SF. Nobody liked except maybe Willie Brown who I'm pretty sure had an affair with her. You still have the NeverTrumpers & the die hard centrist Democrats that will vote blue...
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    This guy thinks a 30% drop is coming

    The time this market will drop is when the permabears capitulate & go long. That's when you should sell. When the permabears at JP Morgan become hyper bullish that is the time worry.
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    Gotta love ZERO RISK in the SP500 = $$$

    Long only is not trading. It is investing. Just like @maxinger says this is not eliteinvestor.com, however even hedge funds don't hedge anymore. They are just long only funds that charge 2/20. The original hedge funds hedged against downturns and made money by creating alpha but those days are...
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    Bitcoin Price Thread

    Yeah it does look like an illiquid market. Reminds me of when I used to trade microcaps and some large seller would come and sell more shares than the average daily volume in 5 seconds & it would tank immediately.
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    The EV transition is real

    Where is all this electricity going to come from? And how much will cost. Here in supposed "Green" California I pay over $0.55-$0.60/kwh. It was $0.15 just 5 years ago. So if you don't own a home and have $50K solar set up, its cheaper to keep using an ICE car. You can thank Newsom for killing...
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    Breaking News: Lebanon's Hezbollah says it launched more than 200 rockets targeting Israeli military

    OPEC has lost its importance not only due to the US shale region but a lot of other countries now produce oil that the KSA doesn't control. Just recently Guyana had a huge oil field find.
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    Piper Sandler Drops S&P 500 Target, Says Practice is ‘Poor Form’

    I just have DOTM puts in case the ride ends. I own close to $100K in NVDA & AVGO mainly through leveraged ETFs & options.
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    Did Nancy Pelosi get into a PMCC buying AVGO 800c Jun 2025 calls?

    Just another corrupt politician. Never worked a day in her life and is worth ungodly amounts of money. Just like her buddies Hillary "the futures trader" Clinton & Bernie "I own multiple houses" without working a day in his life.
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    S&p 15,000 by 2030 ...unlimited free money ....200% return

    Well that is only 18.2% compounded yearly [(15000/5500)^(1/6)]. Probably San Jose/Sunnyvale real estate will do better especially now that we got some new nVidia millionaires down there. I can see it. That probably translates to a 30%/year move on the NASDAQ so that's a 5X move. Remember in the...
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    is there ever a good time to average down?

    Nicolas Darvas' famous tomb How I Made $2,000,000 In The Stock Market is probably the best book about momentum trading and is strictly rules based. He got lucky that he didn't really have many heavy drawdowns but then he invested in the gogo 1950s so no money management didn't hurt him. Anyway...
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    Hussein Obama admits the Democrat nomination process is rigged

    I guess the guardrail that Obama talked about is just trying to maintain the centrists in power. Its obvious especially since the Hamas attack in October that the leftists have a lot more say in the Democrat Party but the leadership is still aging boomers like Pelosi who want to keep maintaining...
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