Yep, he is about 50/50. I saved some shares if it makes another run in the morning. If they dont bounce then I do. Not trying to sound like Tim Sykes but I try to cut my losses pretty quick if they dont do what I hope they do.
S
peaking of Mr. Tim, has anyone bought any of his stuff or programs, Stocks 2 trade?
Bond buyers are coming to the realization that they are not being adequately compensated for the risk of holding US debt, hence are demanding a higher amount of interest in order to make holding government bonds more attractive. Market is pricing in significant inflation. The end game is the Fed stepping in if/when the 10 year yield rises beyond a point where the powers that be aren't comfortable with it and/or costs of servicing interest on the national debt become too overwhelming for the government to operate. It's anyone guess as to how long the Fed will sit back and do nothing before implementing some sort of yield curve control. Tech, growth, and hype stocks riding the high of hopium and virtue signalling will continue to get slaughtered as their valuations are predicated on a zero interest rate environment and future unrealized potential (that doesn't actually exist in many of the names in this space). When the Fed does step in (they can't help but meddle with markets), it'll send commodities through the roof. These modern monetary theorist clowns think they are bigger than the market, but they aren't. If the powers that be seek to protect bubble asset prices (the broader stock market), we'll pay through inflation. The irony in all of this is that inflation is a highly regressive form of taxation and these dogooder tax, spend, give to the poor types are literally crushing the poor and anyone that doesn't see the train wreck coming and fails to hedge accordingly. Our government is in the business of wealth destruction and wealth redistribution to political cronies. It doesn't matter what side of the aisle you sit on. They're all crooks.
ICBU I’m telling ya! If you’re not in your missing the boat. Another big announcement this morning about launching a crypto farm in Cali. Yeah weird but it’s consistently moving [emoji3595][emoji3595]
Bond buyers are coming to the realization that they are not being adequately compensated for the risk of holding US debt, hence are demanding a higher amount of interest in order to make holding government bonds more attractive. Market is pricing in significant inflation. The end game is the Fed stepping in if/when the 10 year yield rises beyond a point where the powers that be aren't comfortable with it and/or costs of servicing interest on the national debt become too overwhelming for the government to operate. It's anyone guess as to how long the Fed will sit back and do nothing before implementing some sort of yield curve control. Tech, growth, and hype stocks riding the high of hopium and virtue signalling will continue to get slaughtered as their valuations are predicated on a zero interest rate environment and future unrealized potential (that doesn't actually exist in many of the names in this space). When the Fed does step in (they can't help but meddle with markets), it'll send commodities through the roof. These modern monetary theorist clowns think they are bigger than the market, but they aren't. If the powers that be seek to protect bubble asset prices (the broader stock market), we'll pay through inflation. The irony in all of this is that inflation is a highly regressive form of taxation and these dogooder tax, spend, give to the poor types are literally crushing the poor and anyone that doesn't see the train wreck coming and fails to hedge accordingly. Our government is in the business of wealth destruction and wealth redistribution to political cronies. It doesn't matter what side of the aisle you sit on. They're all crooks.
ICBU I’m telling ya! If you’re not in your missing the boat. Another big announcement this morning about launching a crypto farm in Cali. Yeah weird but it’s consistently moving [emoji3595][emoji3595]
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Was in the green all day yesterday and took a dive in the end, sent me into the red.
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