Gotta love ZERO RISK in the SP500 = $$$

Master Pu said:
I don’t see them raising rates much more than what they did already. Once they start easing again, the likes of Nasdaq will go up 1000 points in a single day.
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They desperately don't want to raise rates. They will avoid it as much as possible and do it as slowly as possible.

They are still hoping inflation will top out and start heading back down.

But if inflation remains high they will have no choice but to raise.

They have no choice unless inflation miraculously falls back, it may because raising rates to just 1 to 2% could be enough to cause a recession.
 
i have zero faith in the current adminstration... they're fucking evrything up. why won't they open oil leases etc to reduce cost of gas/inflation? in this environment a crash is inevitable imho
 
KCalhoun said:
i have zero faith in the current adminstration... they're fucking evrything up. why won't they open oil leases etc to reduce cost of gas/inflation? in this environment a crash is inevitable imho
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greta-how-dare-you.gif
 
This is what i thought might happen, rally into the close by the PPT to stop the S&P from closing below the -20% bear market level.

But for how much longer can they stop it from closing below 3855?
 
KCalhoun said:
why the heck is anyone owning stocks?! wake tf up.

I IGNORE the talking head fckheads on tv and buy stuff that goes up. i sell stuff that goes down. markets will crash to march 2020 lows like i been sayin since nov

I was in inverses like my btchs UVXY SQQQ .. went to cash mostly a couple hours ago... just sayin' :D

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Your trades are only really good if you can scale in. Since the close on the May 12th, which was the bottom in what I trade, I'm up 29k ( today I was down 3-4K at one point ended up down $500; that's fine for monthly option expiry for my type of trading ). According to you, I shouldn't want that 29K.

Chances of March 2020 lows are basically zero.
 
Nine_Ender said:
Your trades are only really good if you can scale in. Since the close on the May 12th, which was the bottom in what I trade, I'm up 29k ( today I was down 3-4K at one point ended up down $500; that's fine for monthly option expiry for my type of trading ). According to you, I shouldn't want that 29K.

Chances of March 2020 lows are basically zero.
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Yup, my experience, I'm in up to my neck in holding multiple stock positions and although I've had a few days of whackings, worst day was about negative $13,000, and I've had multiple days of negative $5000, my positions keep bouncing back.
In actual fact I've been buying all the way down on certain stocks which have had hard clobberings. Currently I'm waiting for about 8 positions to hit a downdraught and I'll be buying them.
Considering the fact I withdraw tens of thousands $ from my account each year, I'm still doing fine.
I don't know the future, but I think the worst may be behind us now.
Metals are going gangbusters. :)
Yesterday (Friday) up $8000.
 
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