GBA Presents: House of Gummy-!

[vanzandt]

Don't use Bro it's annoying. No one told you to buy it the wrong way you should know the method by now- you buy on discount normally 25%-30%.

Well, unfortunately the pricing goes in $0.05 increments on this one... so you either bid $0.10, or you buy at $0.15. You can try a market order and maybe get lucky and get in between. That rarely works on a stock like this however. By unanimous decree of the readers... we're penciling you in at $0.15.
Good luck.

 

[TrailerParkTed]

WARNING::::::: EMINENT STRIKE ON ISRAEL :::: MARKETS WILL NOT LIKE THIS!!!!

WARNING WARNING WARNING*********

Oil turns higher on report U.S. sees imminent Iran strike against Israel

I pray they don’t! Please Iran, we don’t need WW3!

 

[stonedinvestor]

 

[TrailerParkTed]

Stoney was that you playing around with April’s gains? $50 million bet.


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• BOND TRADER PLACES LARGEST-EVER BET ON FED RATE CUTS IN 2024 AHEAD OF MARCH INFLATION REPORT

Bond Trader Places Largest-Ever Bet On Fed Rate Cuts In 2024 Ahead Of March Inflation Report




Benzinga
Apr. 9, 2024, 05:11 PM


A bond trader has just placed a record-breaking single bet by going long on December 2024 short-term interest rate futures.

This strategy will pay off if the Federal Reserve cuts interest rates at least three times by the end of the year, a scenario that is not yet fully priced into the market following recent robust economic data and higher-than-expected inflation figures.

The Secured Overnight Financing Rate (SOFR) futures — the tool used to assess market wagers on Fed interest rates — suggest that traders are anticipating a total of 68 basis points in rate cuts by the end of the year.

What Happened: A significant transaction involving 75,000 December 2024 SOFR futures contracts through a block trade occurred shortly after 9 a.m. New York time on Tuesday, according to Bloomberg.

The CME Group verified this as the most substantial transaction for this product ever recorded, the report said. Block trades are substantial, privately negotiated transactions conducted at a single price.




The block trade for the December 2024 SOFR futures was executed at 95.320.”



https://markets.businessinsider.com...24-ahead-of-march-inflation-report-1033234892

 

[stonedinvestor]

The Fed may have to move that first rate cut up! It might freak out the market but why wait.

 

[stonedinvestor]

3 rate cuts is still the base case (staring in June) But what if there's a .50 in there?

Everyone is assuming all 1/4 cuts and that is the norm. But to get any yield curves in line
a dramatic first cut is always best...

 

[stonedinvestor]

I hope it goes like this when I close the thread down after the first rate cut----

 

[vanzandt]

3 rate cuts is still the base case (staring in June) But what if there's a .50 in there?

Everyone is assuming all 1/4 cuts and that is the norm. But to get any yield curves in line
a dramatic first cut is always best...

No rate cuts in 2024....

Who's your daddy Stoney?!

 

[vanzandt]

April 4rth... 2023:

There is no way the Fed will cut rates this year.

What none of your clueless financial press writers have thought about--- you'll only get these outside the box insights from the savant--- 2021 and 2022 existing home sales were both the highest years since 2006.

Now... all of those mortgages are at elevated interest rates, so if the Fed cuts rates, and the 30 year fixed rate mortgage drops in solidarity, you will see a wave of re-financing activity... and THAT pumps more cash into the economy because homeowners will naturally spend those extra dollars saved on their monthly payments. This will further boost inflationary pressures... soooo... Powell is not cutting rates in Q3 despite what the experts are saying.

 

[vanzandt]

Feb 13th, 2024:

I don't care what the experts say, we'll be lucky to see one rate cut this year, if any.

One doesn't need 100's of WS analysts and the however many Fed (governors/banks/researchers/data analysts) assigned to figure this out. Here in the real world, there's too many help wanted signs at the bottom of the employment food chain, and just like toxins in seafood, that works its way up and affects everything.

New car prices are ridiculous, rents and housing prices haven't really budged, insurance costs across the board only go up. And that's the short list. While food and energy might have somewhat stabilized for now, everything else keeps creeping up.

Last Spring when they were all talking about rate cuts in 2024, I said there was no way that would happen. Pretty sure that'll be the case again. If they do cut rates, it'll be for political reasons, but I think Powell has more integrity than that.