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  1. The_Krakenite

    ADA today...

    Well, looks like she already ran out of steam and dropped like a rock. Seems that hype was shortly lived.
  2. The_Krakenite

    Robinhood (HOOD) stock

    "But, the Apes told me that THIS TIME IT'S DIFFERENT," said the TikToker.
  3. The_Krakenite

    Tech Stocks Keep Tanking?

    Every day I peek at stocks like HOOD with glee to see how much lower they have fallen. It's like a kind of payback to every millennial who was frothing out their mouths at me and telling me how I was some stupid 'boomer' for not buying it at the IPO prices and how I would be sorry when they all...
  4. The_Krakenite

    ADA today...

    Woke up this afternoon and I see that despite crypto is tanking across the board again, ADA has decoupled and is running up a huge bull-run in its own world. Let's see how short that lasts....
  5. The_Krakenite

    When will CME ETH micro futures arrive?

    Give it time, now that the gravy-train is coming to an end word travels slowly of financial innovations. I tried to do my first futures trade last night, unfortunately my broker said I had no permissions. My next wait & see, is when CME will offer Options on Ether Futures.
  6. The_Krakenite

    When will CME ETH micro futures arrive?

    Well shit! Looks like we missed it. Looks like CME already had it before 2022. https://www.cmegroup.com/markets/cryptocurrencies/ether/micro-ether.html# Surprised there hasn't been more talk of this.
  7. The_Krakenite

    Any MLPs that can go up or stay same in rising interest rate environment?

    MLPs and REITs are very similar to stocks, except they are taxed much more harder (from viewpoint of the holder). Though, the org itself does not have to pay this tax, it just passes that haircut over to YOU. Because they are still similar to stocks, this means they will go down (like most...
  8. The_Krakenite

    Which book scared you the most?

    Interest fact... This book seems to have predicted the real-estate development crash in China, even came with charts, etc to back up their predictions. Nailed it. Of course, if I had mentioned this prediction at the begging of last year, this would have been laughed upon for not coming true...
  9. The_Krakenite

    'Pharma Bro' Shkreli ordered to pay nearly $65 million, banned for life from pharmaceutical industry

    I quit paying my last health insurance as it was too expensive to justify... very little return. Now you know why the cost is so prohibitly expensive.
  10. The_Krakenite

    Star Trader Laurie Inman now Bankrupt

    I hope for his sake the race-horses were NFTs. LOL
  11. The_Krakenite

    What is the fed going to do about inflation?

    Interesting... And yet, Mike Norman is criticizing J. Pow for being a sissy and an 'idiot'. Why? Because there clearly is no inflation, and commodities have been going down in price, hence proving that inflation was only transitory all along.
  12. The_Krakenite

    Most Reckless Fed Ever: “Real” Federal Funds Rate Now the Most Negative Ever

    I think you exaggerate a little... come on the Fed isn't THAT reckless. We haven't yet beat Zimbabwe yet!
  13. The_Krakenite

    Which book scared you the most?

    One thing that annoys me in regard to that fellow who Made-Off with the money... Everyone seems to think that Harry Markopolos was the one who figured it out. This is bullshit. Way back to the beginning, Ed Thorp already figured this out in the early days of running his own hedge fund. In...
  14. The_Krakenite

    Which book scared you the most?

    I'm at page 100 now, and in regard to timing, they mentioned the best TIME is go to back to 1999 and get out of stock/bond market and load up on GLD. :) That said, the book is delving into Milton Friedman now, so I will take it as a sign to go to bed for the moment, being as it's after 5 am here.
  15. The_Krakenite

    Which book scared you the most?

    That's right. Which book in trading/finance/economics scared you the most? Either because of its Doom & Gloom outlook, or maybe the advice was just so terrible that it frightened you? lol. I am continuing reading AFTERSHOCK -Protect Yourself and Profit in the Next Global Financial Meltdown I...
  16. The_Krakenite

    The Compleat [sic] Day Trader

    Finished reading it tonight. Cant say there was anything much useful in it (except for me). I also don't believe his methods work. Which is expected, if they did, he wouldn't be selling his secrets away, now would he? Didn't know about his barring from the NFA. Interesting drama there...
  17. The_Krakenite

    The Compleat [sic] Day Trader

    I am not a day-trader, but picked this book up at the library just to see what they are preaching in these texts as of late. This one is written by Jake Bernstein, who has at least two other books I believe. Someone here probably has gone through it at one time or another. Curious what your...
  18. The_Krakenite

    Opinion: A 27-year-old truck driver just became Robinhood’s first big headache of 2022

    HOOD has worse problems to worry about right now. And the way they are burning through cash, won't be around in the near future once their chest runs out. I think this brokerage will go down in history as a SPECIAL study in FAIL. Most likely talked about in textbooks.
  19. The_Krakenite

    TradeStation will become a publicly traded, NYSE-listed company

    It will be interesting to watch, if this behaves anything like the HOOD ipo which is currently still on tracks with pending train-wrek close to a 85% drawdown...
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