Society Corona - Stock Market thinktank
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BrutalBBBY
The squeeze won't work with paper hands.
Down 41% this morning
Bitcoin down 7.5% today.
Down $1740 to $21,450
For being a decentralized investment alternative, it sure tends to follow the market wherever it goes.
Yeah it definitely appears that way. Weird.
It's almost like it is being manipulated
Looks like it was a head fake. Last two days have been brutal. Have my 401k still sitting in bonds, waiting for this shit show to show some signs of a bottom.
2% haircut isn't good. Ugly day. Basically gave up 15 days of gains.
10 yr yield is at 3%
Aren't we still due for a housing correction?I thought we had turned the corner.
Housing is OK.
Permits have slowed because of the mortgage rates, but that's to be expected. Home prices are no longer surging, but by no means are we seeing a fire sale due to foreclosures.
Big increase in build-to-rent homes during the madness. That was definitely an interesting development.
Around here (midwest) residential housing has cooled off but commercial developments that have been kicked down the road for the last year or so are finally getting a green light at these lumber levels (still high compared to historical numbers, but not insane)
Doesn't make sense to me from a broader perspective. The speculative investors fucked our market up in Orlando. Unless prices come down, or wages magically start rising, most folks are priced out.
DOW is down over $1000 today alone.
3.34% in the red
They expected CPI to fall.
It went up.
Basically guaranteeing the Fed will hike rates by a full 100 bps later this month.
But let's keep giving out "inflation assistance"
Let's keep promising we'll cancel student loans.
Let's keep doing stupid shit like AB 257.
More strikes!
Mandatory EVs!
Social Credit Scores!
Vaccine Mandates!
Biden: "I created so many jobs!"
Fuckung derp da derp.
This shit ain't ending anytime soon.
My guess? January 20, 2025
3.34% in the red
They expected CPI to fall.
It went up.
Basically guaranteeing the Fed will hike rates by a full 100 bps later this month.
But let's keep giving out "inflation assistance"
Let's keep promising we'll cancel student loans.
Let's keep doing stupid shit like AB 257.
More strikes!
Mandatory EVs!
Social Credit Scores!
Vaccine Mandates!
Biden: "I created so many jobs!"
Fuckung derp da derp.
This shit ain't ending anytime soon.
My guess? January 20, 2025
SQQQ up 15% today.
Yes. Been down the past month though.
Would love to see it touch $65 again.
