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Off-Topic Stock Market & Crypto Discussion

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90scane said:
Already has started happening. **** AI, onlyfans chats are AI for some popular women, then you have full on *** robots with AI for conversations…

It is a major concern for the human population. If you have young kids, you would know how much time that generation spends in the virtual world. That alone is a concern as they won’t know how to build real world relationships. Case in point: two of my teen sons broke up with girls because those girls only knew how to communicate via text/snapchat and would go silent when trying to talk in person.
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My wife hosted a panel with federal judges, which is to say their clerks are from the top schools and top ranked kids from them. When asked what their biggest concerns are they said it was having to train these clerks how to answer phones to take messages.
 
8:30 AMUSDCore Personal Consumption Expenditures - Price Index (MoM)(Apr) TRADE NOW0.2% -2.500.3%0.3%
8:30 AMUSDCore Personal Consumption Expenditures - Price Index (YoY)(Apr)2.8% 0.002.8%2.8%
8:30 AMUSDPersonal Consumption Expenditures - Price Index (MoM)(Apr)0.3% 0.000.3%0.3%
8:30 AMUSDPersonal Consumption Expenditures - Price Index (YoY)(Apr)2.7% 0.002.7%2.7%
8:30 AMUSDPersonal Income (MoM)(Apr)0.3% 0.000.3%0.5%
8:30 AMUSDPersonal Spending(Apr) TRADE NOW0.2% -0.620.3%0.7%
Real spending down fractionally
Core personal consumption down fractionally
I still believe we will have rate cuts this year.
 
Bird4um said:
Check the DOW over past 10 days. Ugly.
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Coming off of record breaking highs. If we kept going up at that level, it would be a result of insane inflation which would guarantee no rate cuts in the next year. A healthy market needs some correction. I am confident the market will outperform bonds.
 
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TheEye said:
Coming off of record breaking highs. If we kept going up at that level, it would be a result of insane inflation which would guarantee no rate cuts in the next year. A healthy market needs some correction. I am confident the market will outperform bonds.
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We will have a slowdown in the economy, which will help with inflation resulting in rate cuts. That does not necessarily mean a full blown “correction”
Also remember it is an election year.
I still believe we will have record highs by the end of the year….jmo
Nice little comeback today. Another winning month.
 
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90scane said:
Already has started happening. **** AI, onlyfans chats are AI for some popular women, then you have full on *** robots with AI for conversations…

It is a major concern for the human population. If you have young kids, you would know how much time that generation spends in the virtual world. That alone is a concern as they won’t know how to build real world relationships. Case in point: two of my teen sons broke up with girls because those girls only knew how to communicate via text/snapchat and would go silent when trying to talk in person.
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SpikeUM said:
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This lady is full of crap. The simps throwing attention to avg. looking women inflates their ego. They think they deserve a 10. Avg. men and below get nothing.

Also divorce laws and child support laws need overhaul.

50/50 no child support unless agreed. Stop raping men in court.

Men hold the key to marriage. Not women. This problem is fixed by men. And also stop feminism.

Partly an internet problem opening up options to women. which also killed the Hurricane dynasty in my opinion as well.
 

After trial, investors weigh Trump 2.0 factor as election looms​

The S&P 500 rose 68% through Trump’s first term, which was marked by tax cuts and infrastructure spending as well as a trade war with China and the start of the COVID-19 pandemic. The benchmark index is up 38% so far under Biden.

(thats an amazing market stat considering the decline due to Covid)

An analysis by LPL Financial on Friday showed the S&P 500, which is up about 9% year-to-date, has risen alongside Trump’s election odds this year, as measured by betting site Predictit. At the same time, Biden's election odds have remained negatively correlated to the S&P 500 since February, the study showed.

(Another interesting stat. Further in the article it also indicates that small caps are also inversely correlated with Biden's election odds)

https://www.reuters.com/markets/us/...00c420a87e2c734&lctg=623d3f6c9930dc76bb27ea95
 
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SpikeUM said:

How Roaring Kitty’s wealth went from $53,000 to nearly $300 million — and could one day top $1 billion​

Frontrunning is illegal, and this feels like that, its a very gray area that my sense is he has crossed. There are reports that E-Trade is thinking of cancelling his account.

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Buy a ton of amc/game stop when it’s cheap and make a post and all the minions buy in and pump it up. Easy money maker for him
 
SpikeUM said:

How Roaring Kitty’s wealth went from $53,000 to nearly $300 million — and could one day top $1 billion​

Frontrunning is illegal, and this feels like that, its a very gray area that my sense is he has crossed. There are reports that E-Trade is thinking of cancelling his account.

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Don't be lame lol. Dude is making his trades and posting them. There is no argument on earth that he should be kicked off Etrade yet pelosis husband and all these other congresspeople are able to trade. straight bull****. He's not doing anything wrong, he has no insider knowledge. He's a guy just like any of us that did his research and chose a stock to invest in, then shared it.
 
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calinative umstudent said:
Don't be lame lol. Dude is making his trades and posting them. There is no argument on earth that he should be kicked off Etrade yet pelosis husband and all these other congresspeople are able to trade. straight bull****. He's not doing anything wrong, he has no insider knowledge. He's a guy just like any of us that did his research and chose a stock to invest in, then shared it.
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First, two wrongs dont make a right (Pelosi/this dude). Second, its illegal for financial professionals to front run, which is to buy first and then post it publicly, so the value of what you bought goes up. Thats what this guy is doing, although you could argue whether he is a financial professional. Based on his numerous posts about investing, thats an argument that can be made.
 
SpikeUM said:
First, two wrongs dont make a right (Pelosi/this dude). Second, its illegal for financial professionals to front run, which is to buy first and then post it publicly, so the value of what you bought goes up. Thats what this guy is doing, although you could argue whether he is a financial professional. Based on his numerous posts about investing, thats an argument that can be made.
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So you’re telling me it is illegal to publicly share your trades even if you have zero insider information? lol sounds like you just made that up and need to look up whatever law you are claiming he broke. If he were trading based on non-public information like he knew some firm was about to buy/sell, that would be front running. Looking at the public financial information, trading on it and posting it is not in any way front running. Tell me all the short sellers, are they front running cause they post publicly about how they think the stock is going to go down all the time? lol come on.
 
calinative umstudent said:
So you’re telling me it is illegal to publicly share your trades even if you have zero insider information? lol sounds like you just made that up and need to look up whatever law you are claiming he broke. If he were trading based on non-public information like he knew some firm was about to buy/sell, that would be front running. Looking at the public financial information, trading on it and posting it is not in any way front running. Tell me all the short sellers, are they front running cause they post publicly about how they think the stock is going to go down all the time? lol come on.
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Reading comprehension is an issue here - read what I wrote, which has zero to do with insider information.
 
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calinative umstudent said:
So you’re telling me it is illegal to publicly share your trades even if you have zero insider information? lol sounds like you just made that up and need to look up whatever law you are claiming he broke. If he were trading based on non-public information like he knew some firm was about to buy/sell, that would be front running. Looking at the public financial information, trading on it and posting it is not in any way front running. Tell me all the short sellers, are they front running cause they post publicly about how they think the stock is going to go down all the time? lol come on.
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I’m not sure he used private information to make gains (front running) which is illegal. He is manipulating the stock to his benefit which is illegal.
 
90scane said:
I’m not sure he used private information to make gains (front running) which is illegal. He is manipulating the stock to his benefit which is illegal.
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Front running doesnt require always insider information - this is one example.
 
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90scane said:
I’m not sure he used private information to make gains (front running) which is illegal. He is manipulating the stock to his benefit which is illegal.
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How is he manipulating the stock? By being a 3rd party purchasing it then posting proof he purchased? Lol.
 
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