Off-Topic Stock Market & Crypto Discussion

[mr.h]

Google up on news:
Definitely a win for Trump cutting government expenses.

Google (NASDAQ:GOOG) has reached an agreement with the U.S. General Services Administration to lower the cost of its Workspace suite for federal agencies, placing the tech firm at the center of efforts to reduce government spending.

Under the agreement, Workspace which includes tools like Gmail, Calendar, Contacts, Chat, and Meet will be discounted by 71% across all federal departments, regardless of deal size. The pricing cut is in effect through the end of the current federal fiscal year on September 30.

 

[mr.h]

USD Michigan Consumer Expectations Index (Apr) PREL
47.2 - 50.8 52.6
04:30
USD Michigan Consumer Sentiment Index (Apr) PREL
50.8 -2.22 54.5 57
04:30
USD UoM 1-year Consumer Inflation Expectations (Apr) PREL
6.7 - - 5
04:30
USD UoM 5-year Consumer Inflation Expectation (Apr) PREL
4.4% - - 4.1%

Consumer confidence April down
Inflation expectations up

 

[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]