$30,000 Millionaire said:
Should I tell them that you can murder these rates by collaring the shares on high yield dividend stocks?
https://texags.com/forums/12/topics/3359937
This is absolutely correct. Credit cards are now charged up at interest rates we haven't seen since 07. This is going to get really interesting soon. I have a feeling that's why JPOW got less hawkish. He knows something is about to "break" and he is going to have to slam rates back to 0 this year. I think we are about to have some really good setups here. Like once in a lifetime setups.Quote:
FED report today on all credit. Consumer debt, mortgages, student loans, car loans, everything. Every metric didn't just miss targets, but missed badly.
Consumers already blew through all their cash so the last several months of positive GDP and positive retail sales were all fueled by credit. That's now finished. January and February retail sales will be bad and that's when the predictions start to set in that Q1 is the first quarter of the real recession.
$200+Premium said:Bonfire97 said:Dang 30K, you called it!Quote:
I think this gives some back into close. Don't lose on a Friday guys!!
He also called for $80 Tesla as a broken stock
This may not work as it keeps rejecting a level at 414.20-ish. Going to find an exitSpoony Love said:
Front ran an 8/21 EMA cross on the 5 min chart targeting red to green on SPY. I'll wait through the back test to the 21. If volume is there, I may add to it. Went with tomorrow expiry 420c
Premium said:$200+Premium said:Bonfire97 said:Dang 30K, you called it!Quote:
I think this gives some back into close. Don't lose on a Friday guys!!
He also called for $80 Tesla as a broken stock
Bonfire97 said:This is absolutely correct. Credit cards are now charged up at interest rates we haven't seen since 07. This is going to get really interesting soon. I have a feeling that's why JPOW got less hawkish. He knows something is about to "break" and he is going to have to slam rates back to 0 this year. I think we are about to have some really good setups here. Like once in a lifetime setups.Quote:
FED report today on all credit. Consumer debt, mortgages, student loans, car loans, everything. Every metric didn't just miss targets, but missed badly.
Consumers already blew through all their cash so the last several months of positive GDP and positive retail sales were all fueled by credit. That's now finished. January and February retail sales will be bad and that's when the predictions start to set in that Q1 is the first quarter of the real recession.
You just like to drop into this thread to snipe at people every few weeks, or what?Premium said:$200+Premium said:Bonfire97 said:Dang 30K, you called it!Quote:
I think this gives some back into close. Don't lose on a Friday guys!!
He also called for $80 Tesla as a broken stock
Well I think we've done a good job of driving a culture of positivity and building folks up here. So it's annoying when someone comes in to tear folks down, let alone try to bring any value to the thread.$30,000 Millionaire said:
Doesn't bother me, but I also don't have to post here. I took an 8 year hiatus before
Brian Earl Spilner said:
Weird, you'd think with Google's AI news, the stock would have jumped a bit or at least not tanked.
Google, $GOOGL, AI chatbot Bard gave inaccurate information in company advertisement, per Reuters.
— unusual_whales (@unusual_whales) February 8, 2023
It is now down -4%.
$30,000 Millionaire said:Premium said:$200+Premium said:Bonfire97 said:Dang 30K, you called it!Quote:
I think this gives some back into close. Don't lose on a Friday guys!!
He also called for $80 Tesla as a broken stock
Y'all act like the Tesla saga is over.
$30,000 Millionaire said:
Doesn't bother me, but I also don't have to post here. I took an 8 year hiatus before
Same here. I enjoy your posts and have learned a lot.bmoochie said:$30,000 Millionaire said:
Doesn't bother me, but I also don't have to post here. I took an 8 year hiatus before
Please don't stop posting because of one loser. You have taught me and I know a lot of others about how to try and trade and better ourselves. All for free and it's much appreciated
👀 Iconic Trade! 👀 $18.5-22.5 es/ 4050 put +24k. pic.twitter.com/zWgTyrFdbz
— Cem Karsan 🥐 (@jam_croissant) February 8, 2023