The Market 2022-2023-2024

[dscher]

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[Yuma]

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Weird. Looks like on the rebound? I get the consumer sentiment. Prices out paced wages even if wages increased.

 

[dscher]

Weird. Looks like on the rebound? I get the consumer sentiment. Prices out paced wages even if wages increased.

Correct. The rebounds since 2019/2020 have all been lower highs by a significant margin though relative to stock prices. Of course, these are just sentiment indicators and there are MANY out there with value like this one. But, this has been a pretty decent leading indicator over the decades to gauge the consumer and be a decent warning about potential downturns.

 

[Yuma]

Correct. The rebounds since 2019/2020 have all been lower highs by a significant margin though relative to stock prices. Of course, these are just sentiment indicators and there are MANY out there with value like this one. But, this has been a pretty decent leading indicator over the decades to gauge the consumer and be a decent warning about potential downturns.

Also possible political changes...

 

[GoldGloveschmidt]

Congratulations to all patient bulls!

 

[Russ Smith]

Mentioned before a friend of mine works at Super Micro and has been hit or miss on selling her stock as they have very limited trading windows for all employees. I think she can next sell not next week but the week after. The stock went from 330 to 310 and she was mad that she's losing money daily because she can't sell.

After hours Friday they gave a business update, stock went up 10% after hours. And then Friday it exploded up almost 112 points, 35% and then another 4 bucks after hours! She still can't sell but and she has something like 11 shares vesting, 4 of which I think will go to taxes, but on paper she made about 800 bucks yesterday.

SMCI is one of those companies that's really linked to AI and it's also big in the server market and tends to be a good predictor of upcoming spending by Tech. If SMCI thinks their next few quarters are going to be good it often means it's because they have seen pre orders from big customers that are updating their server rooms.

 

[Devilmaycare]

Yeah, we need to get that bill passed that all congress critters need to have blind trusts and not individual stocks.

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[dscher]

Wow. Major liquidity warning.

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[dscher]

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[JohnnyCakes]

Yeah, we need to get that bill passed that all congress critters need to have blind trusts and not individual stocks.

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shes been profiteering off the American people for years...

 

[Yuma]

Watched Dumb Money the other night. It was worth the watch!

 

[Russ Smith]

Well my friend that works at Super Micro made bank but not as much as she could have.

Trading window opened, in the 3 weeks leading up to it the stock went from about 300, to her selling at 775! She only had 6 shares after taxes but still nice. And of course today it's over 1000 so had she held for 3 days, she sold Monday, she'd have made even more.

But with the window etc the fact is almost everyone she works with that has shares sold too so there was no way to forsee the stock continuing to go up.

AI baby!

 

[Folster]

I can't believe the steaming pile of crap that is DWAC (soon to be DJT) is trading at nearly $50/share. I've read Trump stands to increase his net worth by $3-4 billion once the acquisition is completed. The financials are absolute dog crap of course.

Couple this with bitcoin and it's as if nobody learned anything from the massive speculative asset bubble following Covid.

Just gotta shake my head and keep pumping money into my retirement accounts.

 

[Folster]

I can't believe the steaming pile of crap that is DWAC (soon to be DJT) is trading at nearly $50/share. I've read Trump stands to increase his net worth by $3-4 billion once the acquisition is completed. The financials are absolute dog crap of course.

Couple this with bitcoin and it's as if nobody learned anything from the massive speculative asset bubble following Covid.

Just gotta shake my head and keep pumping money into my retirement accounts.

Scratch that, now over $70. LOL!

 

[JohnnyCakes]

hopefully Trump has liquidity options

 

[dscher]

Scratch that, now over $70. LOL!

I mean. That's this market in a nutshell. When someone can let me know what the number one holding in small caps, smci, even does that would be a first...lol

 

[dscher]

Get out now!

That's the post.

Have a good day.

 

[Folster]

Get out now!

That's the post.

Have a good day.

You might be right this time, or not.

 

[dscher]

You might be right this time, or not.

Don't say I didn't warn ya for the last 10 years.

 

[dscher]

2021 -- SPX 4800

2024 -- SPX 5000

The current risk/reward in this market is wildly horrendous. You haven't been paid for your risk.

Be safe out there!