Off-Topic Stock Market & Crypto Discussion

[mr.h]

Probably the best play for sure.

Should get worse before getting better.

 

[mr.h]

I/2 hour after the rate hike, there is a Fed conference.. plenty of dancing.

 

[Cmuri]

.75

 

[Bird4um]

I’m out. What was it and market reaction?

 

[Cmuri]

I’m out. What was it and market reaction?

This can change the very next day as we saw last month. Expect a lot of volatility.

 

[Bird4um]

Not a big jump.

 

[Cmuri]

Not a big jump.

For volatility or for our accounts?

 

[Bird4um]

For volatility or for our accounts?

Sorry meant over all market moving up. I saw 1% up

 

[Bird4um]

Galaxy my highest performer today.

 

[Cryptical Envelopment]

Now $5.84. Forget my advice on NLY. I know nothing about it.

I bought a **** ton today around $5.70

Annaly Capital Stock Versus 19 mREIT Peers (NYSE:NLY)

This article compares Annaly Capital's BV, economic return, and current valuation to 19 mREIT peers. Click here to read more.

seekingalpha.com

 

[mr.h]

They announce the rate hike, we spike.
Then they hash it around overnight and we sink.
The traders made money.

 

[SpikeUM]

They announce the rate hike, we spike.
Then they hash it around overnight and we sink.
The traders made money.

Powell is still trying to be a politician instead of a central banker. He wasnt strong enough in his language and comments. Also, realistically, he is tightening so late that we may already be in a recession. Housing starts were abysmal.

 

[GladeCane]

Going back to a point I made earlier, you dont fight Fed, so at a point in time that they are both raising and doing QT, its simply not a good idea to add risk.

"Past results are not indicative of future results." We have so many very important variables that are all negative. We are in uncharted waters.

 

[TheEye]

I bought a **** ton today around $5.70

Annaly Capital Stock Versus 19 mREIT Peers (NYSE:NLY)

This article compares Annaly Capital's BV, economic return, and current valuation to 19 mREIT peers. Click here to read more.

seekingalpha.com

It's going down with the rest of the market. At $5.48, I don't think we've seen the bottom just yet. Hopefully they maintain that div level, because it is a sweet deal for investors.

 

[Cryptical Envelopment]

It's going down with the rest of the market. At $5.48, I don't think we've seen the bottom just yet. Hopefully they maintain that div level, because it is a sweet deal for investors.

I think the div is relatively safe. It was already taken from .25 to .22 during covid, and they never bought it back up. Could they lower it again? Sure, it's possible. But even at .20 it's still a great yield.

 

[TheEye]

I think the div is relatively safe. It was already taken from .25 to .22 during covid, and they never bought it back up. Could they lower it again? Sure, it's possible. But even at .20 it's still a great yield.

I tell people to stay away from Disney because they took away their div and have yet to bring it back.

 

[Mikeiavelli]

 

[Mikeiavelli]

Again,this is a speculative play, but Mullen $MULN is due for a joint PR with a F500 company by the end of the month regarding a van order. Also, CEO has said he is talking with CEOs of OEM manufacturers regarding the licensing of his battery tech...not just in cars.

Anyways, I am in this as a very long term investment. But, it could be due for a nice pump by the end of the month if youre looking for something like that short term.

 

[SpikeUM]

Again, all negatives and no positives.

U.S. banking stress indicator could worsen after Fed hike

An indicator of credit risk in the U.S. banking system may be showing signs of stress, as the Federal Reserve's aggressive rate hike path ratchets up expectations of economic pain.

www.reuters.com

 

[GladeCane]

Again, all negatives and no positives.

U.S. banking stress indicator could worsen after Fed hike

An indicator of credit risk in the U.S. banking system may be showing signs of stress, as the Federal Reserve's aggressive rate hike path ratchets up expectations of economic pain.

www.reuters.com

Risk of default by large banks is going up. This could be another huge problem.