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Off-Topic Stock Market & Crypto Discussion

GladeCane said:
Waller, would be good.

I'm all for cutting rates a lot faster, i think the economy can handle it. The FEDs slow walking rate cuts, has cost me a lot of money. My kids are closing, right now, on a big RE transaction, and it's costing them a lot of money.
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Yeah Waller is my choice, because he called his shot with the tariffs and said they shouldn't change the fed's cutting trajectory and he was right. Whereas Powell did get the rest of the board to pause until the last 3 meetings. Warsh is full of ****. If the fed had done what he wanted back during GFC it would have been a lot worse, and now he is captain of the dovish fed team supposedly.

Sorry to hear about the effect high rates are having on you and your family. I was supposed to close on my condo (new construction so it got delayed because of Covid material/manpower shortage) at the beggining of '22. So the rate I got locked in was very low because that was before the hike cycle began. As the closing kept getting pushed back the mortgage originator would reach out and ask, "Do you want to relock your original rate for another 90 days, will cost an extra couple of thousand at closing, yada yada...?" I lost it, and was like of course I want to keep my 3% mortgage rate locked, but am sure some economic illiterates said nah I want to "Save" $2k at closing and ended up with 4-5%+ mortgages
 
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8:30 AM
USD Consumer Price Index (YoY) (Dec)
2.7% 0.00 2.7% 2.7%
8:30 AM
USD Consumer Price Index Core s.a (Dec)
331.86 - - 331.07
8:30 AM
USD Consumer Price Index ex Food & Energy (MoM) (Dec)
0.2% -1.34 0.3% 0.2%
8:30 AM
USD Consumer Price Index ex Food & Energy (YoY) (Dec)
2.6% -0.60 2.7% 2.6%
8:30 AM
USD Consumer Price Index n.s.a (MoM) (Dec)
324.054 - - 324.122

8:30 AM
USD Consumer Price Index (MoM) (Dec)
0.3% 0.00 0.3% 0.3%

CPI MOM 3%
CPI YOY 2.7%
As expected
 
This is how last year started globalist crushing market. Hedge funds telling everyone the Fed will never cut and Bubble bubble everywhere. This is a buying opportunity. It is coming!!!
 
flips said:
Do you know why the Chemical stocks have been getting killed last couple of years? IIrC a few of them popped a bit a couple of months ago.

LYB rough looking chart to me. Has been consolidating 42-44 since November though. Loses that prolly going back to around the COVID low ~34. Bunch of 10b+ market cap names have bounced around there (Disney for one) that have been sold off post '22 bear mkt.
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I bought at 42.93 with a div over 12% a year. Gone up so much the percentage is only 10% for the current price of 51.

I don't know enough about the company to recommend but so far so good.
 
Screenshot 2026-01-15 141332.png


Nasdaq-100 has opened and closed within the same 1900 point range for 17 weeks in a row. Like watching paint dry

bitcoin GIF
 
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