Gotta love ZERO RISK in the SP500 = $$$

[Laissez Faire]

Damn, i went all in long a head of the number because you sounded so confident.

You went all in long because of a random forum post?

I sure hope you’re joking.

 

[RedDuke]

You went all in long because of a random forum post?

I sure hope you’re joking.

Of course he does

 

[Laissez Faire]

Of course he does

Probably.

However, there’s plenty of people who trade based on rumors or tips. And which tend to do more research buying a new TV.

 

[Overnight]

Probably.

However, there’s plenty of people who trade based on rumors or tips. And which tend to do more research buying a new TV.

When enough people do that, it becomes r/wallstreetbets, and it moves stocks. We saw this last year.

 

[Covertibility]

https://twitter.com/x/status/1549483829357727745

Getting closer to showtime.

 

[M.W.]

I think you are conflating long term trends with daily fluctuation in rates. Are you aware by how much 2yr, 5yr,and 10yr yields change? This alone explains changes in mortgage rates to the degree you outlined. Has nothing at all to do with inflation and interest rate trends and mechanics.

An interesting footnote, but it won't be included:

But in the first week of July, home shoppers caught an unexpected break. The average 30-year fixed mortgage rate dropped to 5.3% after peaking at 5.81% in mid-June, according to Freddie Mac. Rates dropped significantly on July 7 across all mortgage terms, both fixed and adjustable:

30-year fixed: 5.3% with 0.8 point (down from 5.7% a week ago, up from 2.9% a year ago).
15-year fixed: 4.45% with 0.8 point (down from 4.83% a week ago, up from 2.2% a year ago).
5/1-year adjustable: 4.19% with 0.4 point (down from 4.5% a week ago, up from 2.52% a year ago).

 

[Rickshaw Man]

Damn, i went all in long a head of the number because you sounded so confident.

Your up big now, stop crying.

 

[JackMorgan]

just short ibm

 

[vanzandt]

I think you are conflating long term trends with daily fluctuation in rates. Are you aware by how much 2yr, 5yr,and 10yr yields change? This alone explains changes in mortgage rates to the degree you outlined. Has nothing at all to do with inflation and interest rate trends and mechanics.

Yeah. But I post that because we were talking about the CPI, and housing costs are an integral data point in the BLS calculation. My point was that going forward, at least for next month, the CPI might come down a little based on lower housing costs to consumers.

 

[Businessman]

Your up big now, stop crying.

On the other thread you said i should of used risk management, implying i should of cut my losses quickly.

You cant have it both ways.