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If you need help trading stock...

HoustonHuskyHoustonHusky Member Posts: 5,954
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edited May 2022 in Tug Tavern


The OSU sweatshirt tops it off. This country and system is fucked. But ride the wave up before it blows up...
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    pawzpawz Member, Swaye's Wigwam Posts: 18,775
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    A buddy sent me this two days ago. It almost has to be parody.

    Except they want you to use their affiliate url to sign up for Robinhood. Which is nice.
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    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,301
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    It seems like the stock market became detached from the economy over the last decade or so

    Is it not actually higher after 8 months of economic devastation and job losses from Covid? If you beamed in you might have expected a crash. Somehow the big boys have managed to keep their wealth safe there

    I freely admit that I have no insight on any of this. Never cared about the financial machine man.
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    creepycougcreepycoug Member Posts: 22,741
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    RaceBannon said:

    It seems like the stock market became detached from the economy over the last decade or so

    Is it not actually higher after 8 months of economic devastation and job losses from Covid? If you beamed in you might have expected a crash. Somehow the big boys have managed to keep their wealth safe there

    I freely admit that I have no insight on any of this. Never cared about the financial machine man.

    This.
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    pawzpawz Member, Swaye's Wigwam Posts: 18,775
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    RaceBannon said:

    It seems like the stock market became detached from the economy over the last decade or so

    Is it not actually higher after 8 months of economic devastation and job losses from Covid? If you beamed in you might have expected a crash. Somehow the big boys have managed to keep their wealth safe there

    I freely admit that I have no insight on any of this. Never cared about the financial machine man.

    Some would say the Russell is the actual indicator of the economy's health. Some would say that.

    iirc, it was up only 0.8% in the DJT-years pre-covid. (that might include Obama years too) Please correct me if that metric is wrong


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    HoustonHuskyHoustonHusky Member Posts: 5,954
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    RaceBannon said:

    It seems like the stock market became detached from the economy over the last decade or so

    Is it not actually higher after 8 months of economic devastation and job losses from Covid? If you beamed in you might have expected a crash. Somehow the big boys have managed to keep their wealth safe there

    I freely admit that I have no insight on any of this. Never cared about the financial machine man.



    I'm too lazy to go look up the current number but think it up to something like $25 trillion now...
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    HFNYHFNY Member Posts: 4,520
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    It took me longer than it should have to understand "Don't Fight The Fed". The S&P 500 is strongly correlated to the Fed's balance sheet.

    Thank you for posting the balance sheet numbers of other Central Banks. I did not know that the Commie Chinese's balance sheet had expanded the most out of all of them (or tied with Japan).

    The only good Commie is a Dead Commie.
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    HoustonHuskyHoustonHusky Member Posts: 5,954
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    edited January 2021
    HFNY said:

    It took me longer than it should have to understand "Don't Fight The Fed". The S&P 500 is strongly correlated to the Fed's balance sheet.

    Thank you for posting the balance sheet numbers of other Central Banks. I did not know that the Commie Chinese's balance sheet had expanded the most out of all of them (or tied with Japan).

    The only good Commie is a Dead Commie.

    Me too...

    Chinese data is suspect and likely larger because there is even more buried...there are a lot of bad loans sitting on zombie companies balance sheets that were used by the states to build all the useless govt infrastructure projects there. Building empty cities isn't cheap.

    I still laugh that the single largest shareholder of most if not all of the companies on the Nikki is the Bank of Japan via ETF purchases...I'm sure the same is coming here but it will probably take a market correction first.

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    godawgstgodawgst Member, Swaye's Wigwam Posts: 2,409
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    So just to make sure I understand the future Warren Buffett "Buy a stock if it's going up, and then sell it once it stops going up"

    2001-2010 says hello
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    HoustonHuskyHoustonHusky Member Posts: 5,954
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    godawgst said:

    So just to make sure I understand the future Warren Buffett "Buy a stock if it's going up, and then sell it once it stops going up"

    2001-2010 says hello

    They are the new generation of the 2007 house-flippers...

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    creepycougcreepycoug Member Posts: 22,741
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    godawgst said:

    So just to make sure I understand the future Warren Buffett "Buy a stock if it's going up, and then sell it once it stops going up"

    2001-2010 says hello

    I wonder how he does that.

    In this age of infinite information transfer, there is an audience for everything. Every. Single. Thing. So rest assured, there are 100s of thousands of people out there who will consider themselves incrementally informed from that statement.
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    doogiedoogie Member Posts: 15,072
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    RaceBannon said:

    It seems like the stock market became detached from the economy over the last decade or so

    Is it not actually higher after 8 months of economic devastation and job losses from Covid? If you beamed in you might have expected a crash. Somehow the big boys have managed to keep their wealth safe there

    I freely admit that I have no insight on any of this. Never cared about the financial machine man.

    Never fight The Fed
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