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Old 05-26-2022, 01:23 PM   #4036
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i have a friend that owns independent gas stations. he is telling me that he has a problem with the per gas per gallon price at the pump because he doesn't have enough digits if the price per gallon gets to $10.

if the price does make it to $10 a gallon, i wonder how many people will be at the McDonald's drive-through windows all over America ordering Big Macs?
My 15 y.o. granddaughter is doing well in her first job at Wendy's. She said on Tues. night, a lady came thru and ordered $99 worth of fast food. She's learning a valuable lesson in economics.
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Old 05-26-2022, 01:28 PM   #4037
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Seems like the market has digested the current inflow of information. I'm not sure I believe in this long term as everyone seems to forget about the fed in between meetings and earnings and housing bad news are on the way.
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Old 05-26-2022, 01:37 PM   #4038
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It can go to 4222 and still only retrace 50% of the drop since March...which would be an appropriate move for a market that is dropping slow and deep...
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Old 05-26-2022, 03:25 PM   #4039
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It can go to 4222 and still only retrace 50% of the drop since March...which would be an appropriate move for a market that is dropping slow and deep...

All sounds reasonable.
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Old 05-26-2022, 03:38 PM   #4040
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My 15 y.o. granddaughter is doing well in her first job at Wendy's. She said on Tues. night, a lady came thru and ordered $99 worth of fast food. She's learning a valuable lesson in economics.
10 years ago...would have cost that lady $35

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Old 05-26-2022, 03:44 PM   #4041
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All cant be that bad.....

like I mentioned before...

We're the only people seeing Armageddon .....

https://finance.yahoo.com/news/stron...tsrc=fin-notif
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Old 05-26-2022, 03:54 PM   #4042
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there is some good buying going on today in Home Depot, Morgan Stanley and Coin Base for now. these all have good chances of going up with the market on this run.
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Old 05-26-2022, 07:25 PM   #4043
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I sold nearly everything today (mostly energy cos) I'm afraid the govt will be trying to impose windfall profit taxes or the PTB will relax the Russian sanctions.
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Old 05-26-2022, 08:10 PM   #4044
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Good to see calmness for a change....

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Old 05-27-2022, 02:14 AM   #4045
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congressional buys

JP Morgan, TMobile and NVidia.

3 separate trades on those names, but small money and not from noted committee members of congress.

nothing notable on the sell-side.

personally, i got stopped out of McDonald short.. i remain short Coke and Pepsi and will probably clean those 2 out today if i don't get any action in them.
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Old 05-27-2022, 07:31 AM   #4046
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JP Morgan, TMobile and NVidia.

3 separate trades on those names, but small money and not from noted committee members of congress.

nothing notable on the sell-side.

personally, i got stopped out of McDonald short.. i remain short Coke and Pepsi and will probably clean those 2 out today if i don't get any action in them.
A lot of these stocks that they are buying is because they are in a range that was a support level in the recent past....
YouTubers posting that the crash is about over and there are tons of buying opportunities

And here I was thinking that the YT'ers would be running for the hills..

Heres Nvidia......a common picture for most stocks

and kundos to me a few weeks ago saying that cut out what happen between pandemic and markets sky rocket highs and we'll be back to the norm

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Old 05-27-2022, 08:00 AM   #4047
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A lot of these stocks that they are buying is because they are in a range that was a support level in the recent past....
YouTubers posting that the crash is about over and there are tons of buying opportunities

And here I was thinking that the YT'ers would be running for the hills..

Heres Nvidia......a common picture for most stocks

and kundos to me a few weeks ago saying that cut out what happen between pandemic and markets sky rocket highs and we'll be back to the norm
i am going to give you a piece of advice that took me a long time to learn in these markets. the more you think, the more you lose. this is not a game about being right or wrong, and stubbornness is the worst way to be. this is a whores game and the only thing you want is to extract money out of it. and most important, don't take anything personally.
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Old 05-27-2022, 08:25 AM   #4048
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i am going to give you a piece of advice that took me a long time to learn in these markets. the more you think, the more you lose. this is not a game about being right or wrong, and stubbornness is the worst way to be. this is a whores game and the only thing you want is to extract money out of it. and most important, don't take anything personally.
I try
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Old 05-27-2022, 09:21 AM   #4049
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Being a nerd and nothing better to do....

I created imaginal portfolios when I took my money out of Chase 6 months ago..

With different themes I found a portfolio of these funds to fair vey well compared to others I created....since June 2021....

by the way , I'm doing better than to have left it in there

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Old 05-27-2022, 03:34 PM   #4050
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Spotify

CEO just spent $50 million buying shares after this things got croaked down 55% off the top.

do you think this guy knows what he is doing?

i do!!
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