Off-Topic Stock Market & Crypto Discussion

[flips]

Peronism

Hopefully the fed sets up a facility to calm the UST mkt over the weekend (I suggest naming it TARD) and we can squeeze back to pre-liberation day prices or higher next week.

Fact that equity prices holding up so far today suggests to me squeeze not over, but am not optimistic we've bottomed. We've backed ourselves into a corner and can't relent against Chyna, otherwise this becomes our Suez/Cuban Missile Crisis, IMO.

 

[Bird4um]

Anyone a buyer of google?

 

[flips]

https://www.bloomberg.com/news/articles/2025-04-11/tudor-bond-trader-phillips-has-lost-140-million-in-april?utm_source=website&utm_medium=share&utm_campaign=twitter?sref=pShhn61A

Remember, no matter how bad you're doing, there's someone doing much much worse

 

[TheEye]

Up 1.74% for me. 4 more days this good puts right around my top.


But I expect another sell off Monday.

MRK hit its 5 year low recently and still pays 4% div per share. Just saying.

 

[90scane]

Expecting a big bounce for tech, especially Apple

 

[TheEye]

15 min in, up 1.37%. Hope it lasts.

 

[flips]

I like this (confirms my priors lol). Tradeable bounce here that likely has a fair amount additional upside, but if ur long-term investoooor there will be better opportunities with much less downside risk (and probably better entry prices)

 

[Bird4um]

Why the crash today? Any info?

 

[90scane]

It could be hedge funds unloading due to the basis trade.

 

[Tony4Canes]

 

[Cmuri]

 

[Cmuri]

Looks like we might be in for a little more pain

https://finance.yahoo.com/news/nvidia-expects-5-5-billion-213321348.html

 

[Cmuri]

Anyone know when Atkins gets sworn in?

 

[JD08]

 

[SpikeUM]

In 2024, retail closures reached their highest level since the pandemic, according to Coresight Research, with a total of 7,325 locations shuttering. Source: moneywise

 

[Tony4Canes]

 

[Bird4um]

I bought more AMD today.

 

[90scane]

I’m sticking with defensive position. I think we are far from over on the bear market. Historically, the bottom is 12-18 months after the FED pivot. Not sure if they have Pivoted yet. Some could point to the rate cuts but those are pretty far in the review mirror.

 

[mr.h]

12:30
USD Building Permits (MoM) (Mar)
1.482M 0.04 1.45M 1.459M
12:30
USD Building Permits Change (Mar)
1.6% - - -1%
12:30
USD Continuing Jobless Claims
1.885M 0.66 1.87M 1.844M
12:30
USD Housing Starts (MoM) (Mar)
1.324M -1.03 1.42M 1.494M
12:30
USD Housing Starts Change (Mar)
-11.4% - - 9.8%
12:30
USD Initial Jobless Claims
215K -4.14 225K 224K
12:30
USD Initial Jobless Claims 4-week average
220.75K - - 223.25K
12:30
USD Philadelphia Fed Manufacturing Survey (Apr)
-26.4 -1.17 2 12.5

March numbers.
Jobless claims down
Continuing jobless claims down
Housing starts down
April..
Manufacturing conditions down

As economic indicators continue to come out, remember that Trump inherited
2.9 GDP, 4% unemployment and lowering inflation…

 

[JD08]