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UpstateAg
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In reply to Harkrider 93 • 7:45a, 8/27/20
AG
My bet is that they cut fed rates to close to zero for the next few years.
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Brewmaster
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In reply to Harkrider 93 • 7:53a, 8/27/20
AG
Harkrider 93 said:
$30,000 Millionaire said:
everyone is betting on good fed news tomorrow. you know what happens most of the time when everyone bets one way?
Word is that the FED is going to try to target higher inflation to get above the 2% target. They feel that if they can do that, we get out of the sluggish growth we have been in for over 10yrs.

The market likely reacts positively to this news. Trying to increase inflation is good for stocks based on what they have done in the past to accomplish that.


Thanks for posting, makes sense and may explain this run up.
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ProgN
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In reply to UpstateAg • 8:08a, 8/27/20
UpstateAg said:
My bet is that they cut fed rates to close to zero for the next few years.
Aren't we there already?
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BrokeAssAggie
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In reply to ProgN • 8:12a, 8/27/20
Yes, the article I read was saying the Feds new strategy would be to let the markets do its thing and they would stay out of the way. So no more moving the rate around every quarter.
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khaos288
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In reply to BrokeAssAggie • 8:15a, 8/27/20
AG
CrazyRichAggie said:
Yes, the article I read was saying the Feds new strategy would be to let the markets do its thing and they would stay out of the way. So no more moving the rate around every quarter.
An X year commitment to 0% rates would be very interesting. It would remove any question about changes.
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McInnis 03
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8:16a, 8/27/20
AG
SILVER SPIKE. Inflation lovessssssss the metals.
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E
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In reply to McInnis 03 • 8:20a, 8/27/20
AG
hopefully inflation loves bitcoin... i'm looking at you MARA!
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pacecar02
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8:26a, 8/27/20
in on gld and slv

not full blown autist though
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chrisfield
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8:28a, 8/27/20
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AG
Who else is watching MGNI at the open?
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CheladaAg
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In reply to khaos288 • 8:28a, 8/27/20
AG
khaos288 said:
CrazyRichAggie said:
Yes, the article I read was saying the Feds new strategy would be to let the markets do its thing and they would stay out of the way. So no more moving the rate around every quarter.
An X year commitment to 0% rates would be very interesting. It would remove any question about changes.
Markets love certainty.
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khaos288
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In reply to chrisfield • 8:28a, 8/27/20
AG
chrisfield said:
Who else is watching MGNI at the open?
OA said buy?

92% of us are holding.
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BrokeAssAggie
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In reply to khaos288 • 8:30a, 8/27/20
khaos288 said:
chrisfield said:
Who else is watching MGNI at the open?
OA said buy?

92% of us are holding.


I don't think he said to buy just yet...He said watch this am and if the chart sets up then throw all your money at it
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McInnis 03
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In reply to chrisfield • 8:34a, 8/27/20
AG
chrisfield said:
Who else is watching MGNI at the open?
I have an alert set at $8
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ProgN
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8:35a, 8/27/20
GOCO is the worst ****ing stock evah.

Can't believe the company or the underwriters aren't defending it against this freefall.

The lawsuits will be announced shortly, causing further downward pressure. You can bank on that.
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oldarmy1
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8:37a, 8/27/20
AG
You should be up over 150% on the DIS weekly entered yesterday and taking 30% off the table for profit and recapture of capital. Free ride!
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WoMD
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In reply to ProgN • 8:37a, 8/27/20
Prognightmare said:
GOCO is the worst ****ing stock evah.

Can't believe the company or the underwriters aren't defending it against this freefall.

The lawsuits will be announced shortly, causing further downward pressure. You can bank on that.

What's OAs current opinion on GOCO?
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khaos288
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In reply to BrokeAssAggie • 8:38a, 8/27/20
AG
CrazyRichAggie said:
khaos288 said:
chrisfield said:
Who else is watching MGNI at the open?
OA said buy?

92% of us are holding.


I don't think he said to buy just yet...He said watch this am and if the chart sets up then throw all your money at it
It may have been on his twitter. I could have sworn this was his "largest holding by share count" at the moment
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oldarmy1
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In reply to ProgN • 8:42a, 8/27/20
AG
Prognightmare said:
GOCO is the worst ****ing stock evah.

Can't believe the company or the underwriters aren't defending it against this freefall.

The lawsuits will be announced shortly, causing further downward pressure. You can bank on that.
Prog - I can go back on this thread and post the exact same sentiments that were expressed on NET post IPO when I was buying. IPO's are tricky things. Most have a similar pattern until finding the major support levels and then a quick move upward.

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CPDAggie10
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8:42a, 8/27/20
AG
what's up with OSTK?
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UpstateAg
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In reply to ProgN • 8:42a, 8/27/20
AG
Five years of cuts. Not the two he said earlier this summer
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oldarmy1
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8:44a, 8/27/20
AG
I entered $136 out 2 weeks. DIS
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BrokeAssAggie
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In reply to oldarmy1 • 8:46a, 8/27/20
You still looking for $1.50 on the TWTR Sep 4 $42?
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oldarmy1
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In reply to BrokeAssAggie • 8:50a, 8/27/20
AG
Yes but DIS is where all available options money should go. Parabolic move looks underway.
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McInnis 03
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8:53a, 8/27/20
AG
Bought MSFT 225c's weekly when I saw the tiktok news about 5 minutes ago, they've gone 4x
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ProgN
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In reply to oldarmy1 • 8:53a, 8/27/20
I know, I'm not blaming you. The silence from the company and especially the underwriters have me concerned. Shorts will push this below $10 unless something positive comes out.
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Brian Earl Spilner
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9:04a, 8/27/20
AG
My portfolio is looking mighty strong today with LUV, UAL, and DIS.

What news did I miss?
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khaos288
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In reply to oldarmy1 • 9:07a, 8/27/20
AG
oldarmy1 said:
Yes but DIS is where all available options money should go. Parabolic move looks underway.
Glad I jumped on these. Kept me green on the day so far.
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Orlando Ayala Cant Read
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9:08a, 8/27/20
AG
FLDM has really fallen hard today after getting some good news yesterday.
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McInnis 03
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9:08a, 8/27/20
AG
Hit stops on MSFT, model T'd at abotu 225.X If they close the TIKTOK deal per the rumor.......launch pad.
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oldarmy1
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In reply to ProgN • 9:08a, 8/27/20
AG
Prognightmare said:
I know, I'm not blaming you. The silence from the company and especially the underwriters have me concerned. Shorts will push this below $10 unless something positive comes out.
They just had their quarterly report. Any statement right after that would look like desperation. They aren't desperate. They are expanding. Markets are fickle and can take advantage of IPO's early on.
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oldarmy1
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9:09a, 8/27/20
AG
CSLT volume spike. Been a long basing and might be about to make a bigger move.
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khaos288
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In reply to khaos288 • 9:13a, 8/27/20
AG
khaos288 said:
oldarmy1 said:
Yes but DIS is where all available options money should go. Parabolic move looks underway.
Glad I jumped on these. Kept me green on the day so far.
Spoke too soon. Dump city.
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TriumphForks
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9:14a, 8/27/20
AG
Did not get in on the OSTK recommendation the other day but I am watching. Down even more today. Buy the dip??
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E
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9:15a, 8/27/20
AG
ZOM with some green candles! Raising it .01
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Orlando Ayala Cant Read
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In reply to TriumphForks • 9:16a, 8/27/20
AG
TriumphForks said:
Did not get in on the OSTK recommendation the other day but I am watching. Down even more today. Buy the dip??
I bought yesterday's dip, and a buy just got triggered for me at $102..50 as well. But definitely need to see what guys like OA and 59 have to say on this.
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