Paul in uhh
Active Member
75bps hike on the way?
https://www.bloomberg.com/news/arti...-fed-to-hike-75-basis-points-in-june-and-july
https://www.bloomberg.com/news/arti...-fed-to-hike-75-basis-points-in-june-and-july
Macroeconomics / Stock Market Thread
- Thread starter Paul in uhh
- Start date
Paul in uhh
Active Member
From a market commentator I’ve recently started following…
And..
Bob Sugar
Active Member
Yeah. It’s been a slow crash so that people don’t panic or even notice
FrogUltimate
Active Member
Paul in uhh
Active Member
S&P down 18% from ATH. LOL great work dems.. running that money printer bought the election but destroyed the economy
FrogUltimate
Active Member
Can’t decide whether I keep buying the fall. Feels like a catching a falling knife, but probably a good long term move
I am going to continue to day trade on these swings tho
I am going to continue to day trade on these swings tho
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KillerFrog InD KitchenSink
Active Member
I am heavily invested in the stock market, but I've accepted I'm to dumb to be able to time the ups and downs. I just invest regularly in index funds to keep costs as low as possible and never even look at how it does. I figure I'll just ride the wave whatever direction it goes and hopefully during my investing lifetime there are more ups than downs. I get my market timing kicks in fantasy baseball investing (pro tip- buy Kyle Tucker right now in dynasty. He's been decent but way underperforming his expected stats. He's a top 5 player in fantasy right now and isn't valued like that. OTOH get rid of Randy Arozarena as fast as possible. He's been over performing for a couple years).
FrogUltimate
Active Member
That's what I do with 70% of my money. With 20% of it I do the same thing, but 3x levered. With the remaining 10% I play with it. I'm down 19%, 50% and up 60% on the year, respectively. So collectively I'm down about 17.3% on the year give or take. Barely beating the market.
KillerFrog InD KitchenSink
Active Member
Yeah, but what do you think about Kyle Tucker!
FrogUltimate
Active Member
The advanced stats have been saying since early in the year that his luck has been terrible, and it's starting to even back out now. Would have bought him a month ago.
TxFrog1999
The Man Behind The Curtain
Just like distilling!
KillerFrog InD KitchenSink
Active Member
Any thoughts on the crypto volatility? Terra Luna coin went from $85 to .000001 in days:
fortune.com
Wife of Terra stablecoin founder seeks protection after investors lose everything
The fallout from the collapse of dollar peg and hyperinflation in Terraform Labs native Luna token propping up Terra UST continue as company fails to maintain the network after a restart.
FrogUltimate
Active Member
Any thoughts on the crypto volatility? Terra Luna coin went from $85 to .000001 in days:
Wife of Terra stablecoin founder seeks protection after investors lose everything
The fallout from the collapse of dollar peg and hyperinflation in Terraform Labs native Luna token propping up Terra UST continue as company fails to maintain the network after a restart.
I view the vast majority of crypto as a ponzi scheme. And potentially all of it. Although if Bitcoin drops below $20k I may buy a small amount.
TxFrog1999
The Man Behind The Curtain
Blockchain sucks. Works well in theory, but in practice it sucks. Additionally, once world governments begin adopting their own digital currency they'll start cracking down on the exchange of other "non-approved" crypto coins and that will be the end.
Paul in uhh
Active Member
NQ down almost 5% in a single day today. But sure let’s print more money!
Related: target and Walmart both tell investors to lower their expectations due to inflation.
New home starts misses expectations today by a lot.
Related: target and Walmart both tell investors to lower their expectations due to inflation.
New home starts misses expectations today by a lot.
Bob Sugar
Active Member
Yeah, its no bueno.
Paul in uhh
Active Member
A must read if anywhere here hasn’t…
“let the wild rumpus begin” by Jeremy grantham
“let the wild rumpus begin” by Jeremy grantham
LVH
Active Member
I am not the most financially savvy person there is, so I am asking those in this thread who may be more savy: I currently put 10% of my income into 401k, max out my Roth IRA every month ($500), and put 10% into my brokerage account which is mostly Index Funds and ETFs. So 25% of my income each month is going into the market. Should I keep doing this as a recession/market downturn is on the horizon?
