Anyone getting back into or adding more LADR? Or is it too risky for their CRE portfolio and lending services with rates moving so high? Haven't looked at their financials in 1+ years but circled back to REITs and property owners that have cash flowing assets were most likely refinanced at extremely low rates the past few years.
Stock Markets
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Last: 6 hrs ago by jamey
Ranger222 said:
see you boys at 339x, maybe an overshoot to 321x
I think its almost a given now we will roundtrip to November '20 COVID vaccine news levels
*Torbush "WOW" gif*
Oh man...me too. I had 10 $360 SPY puts that took out my stop loss. Only went 10x by end of day.BaylorSpineGuy said:
I had weak hands today and cut for a loss this morning on the AM rally. Would've had a really nice day if I had held.
Oh well….
Reading on Unusual Whales that Fed has organized emergency meeting on Monday at 11:30?
Maybe that prompted the late day sell off? They sure what that PCE number going high and not tailing off.
Maybe that prompted the late day sell off? They sure what that PCE number going high and not tailing off.
Danwell Home said:Ranger222 said:
see you boys at 339x, maybe an overshoot to 321x
I think its almost a given now we will roundtrip to November '20 COVID vaccine news levels
*Torbush "WOW" gif*
Yeah I'm seeing Oct 2020 levels
Charismatic Megafauna
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AG
Aren't you in Vegas? You need me to fly over and show you how it's done? Because you're doing it wrong!
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You know who else is probably miffed? Hairy. Dude saw some indicator to go puts early, took profits on them and flipped to calls, went negative then when he was even 5x'd his position which i assume he rode to 0
Before you guys freak out. This is weekly ATR
Any thoughts on XLU?
So what you're saying is that we have more room to fall.
If I had to bet, it's a meeting to tone down their hawkish comments during interviews. The last 6 weeks have been brutal for market vets but it's now the topic of conversations during dinner on main street America. People are scared and hurting and now you're hearing commentators asking if the fed has been too aggressive. JMO, we shall see what they say but I doubt it's to pile on the negative sentiment.BaylorSpineGuy said:
Reading on Unusual Whales that Fed has organized emergency meeting on Monday at 11:30?
Maybe that prompted the late day sell off? They sure what that PCE number going high and not tailing off.
Philip J Fry said:
So what you're saying is that we have more room to fall.
So I shouldn't sell any 300 or 330 SPY puts yet…
Bob Knights Paper Hands
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Maybe to announce hyper QE and the Fed directly purchasing ETFs and other equities to boost the markets back to ATH before the elections?
BaylorSpineGuy said:
Tom Lee is blindly bullish. Dude has been beaten in the ring for 11 rounds and is convinced he's gonna win in the final rounds.
Astonished.
No capitulation yet!
He keeps pushing back his forecast. His TA guy Mark Newton called a rough Sept and rally in Oct.
I actually suspect the opposite. What trust would anyone have in them if they were to do such a thing? People are already skeptical for the transitory nonsense last year anyhow.
If they change tune here, I'm not sure it's any more bullish, and it doesn't change the recession train bearing down the tracks. Don't fight the Fed has been the mantra all along, and now they are increasing QT.
I would be shocked for an unwinding here. Sadly, I can't trade it. Operating all day Monday.
And yes, I'm enjoying Vegas but been in meetings all day. Have super nice dinner at Del Monico's tonight and some gambling to ensue.
Enjoy your weekends and trade carefully!!
If they change tune here, I'm not sure it's any more bullish, and it doesn't change the recession train bearing down the tracks. Don't fight the Fed has been the mantra all along, and now they are increasing QT.
I would be shocked for an unwinding here. Sadly, I can't trade it. Operating all day Monday.
And yes, I'm enjoying Vegas but been in meetings all day. Have super nice dinner at Del Monico's tonight and some gambling to ensue.
Enjoy your weekends and trade carefully!!
What I'm telling you is it can fall further but probably not that much more. I posted earlier I thought 2750 was absolute lowest and I think more like 3200 will be the end.
We probably bounce next week, but if we sell directly from here it has a higher probability of bouncing back.
Remember market is forward pricing. It's already priced in some degree of inflation and world politics.
I think there is a time element as well. I want to be a buyer 6 months from now no matter where we are trading.
We probably bounce next week, but if we sell directly from here it has a higher probability of bouncing back.
Remember market is forward pricing. It's already priced in some degree of inflation and world politics.
I think there is a time element as well. I want to be a buyer 6 months from now no matter where we are trading.
The fed will also buy SPY and QQQ if they must.
Don't know why CNBC keeps bringing Tom on, his outlook is starting to get absurd given where the market is. Every other Pollyanna they run out there has basically folded at this point.
This is Fintwit freaking retail out. There is no emergency meeting, and meeting Monday is routine, they have them every few weeks. Scare tactic, they did it in January, June, and again.BaylorSpineGuy said:
Reading on Unusual Whales that Fed has organized emergency meeting on Monday at 11:30?
Maybe that prompted the late day sell off? They sure what that PCE number going high and not tailing off.
All meetings same, hundreds of them.
https://www.federalreserve.gov/aboutthefed/boardmeetings/meetingdates.htm
I'm not saying they're reversing course or unwinding, I'm say I bet they tone down their rhetoric. They can still be focused on inflation and continue to raise rates, but their Volcker like interviews is what's scaring the markets even more. Neither you or I know, so we'll find out together. Say this this is for Prog on one roll of the dice at the craps table for me doc.
$30,000 Millionaire said:
What I'm telling you is it can fall further but probably not that much more. I posted earlier I thought 2750 was absolute lowest and I think more like 3200 will be the end.
We probably bounce next week, but if we sell directly from here it has a higher probability of bouncing back.
Remember market is forward pricing. It's already priced in some degree of inflation and world politics.
I think there is a time element as well. I want to be a buyer 6 months from now no matter where we are trading.
Yes, I have diamond hands until the bounce. Then I'm back to cash until we hit the bottom.
So yall are thinking it may or may not bounce or rally near term from here but either way we got further downside from the current s&p 3585
Its interesting to watch the financial guru guests on TV. Almost all say that we are "headed" for a recession but none of them want to say when we are entering it. One former Fed president said today that they predicted we would be in a recession for several years.
Couple things for the n00bs.
1) It's always a bull market in something
2) TV guests don't know anything
3) If you are trading, all you have to do is react. The market gives signals. Listen to them.
You can even be a long only trader. Just wait until it's time. Also, know your time horizon. If you're a 10 year from now person, just put your money in SPY and forget your password.
1) It's always a bull market in something
2) TV guests don't know anything
3) If you are trading, all you have to do is react. The market gives signals. Listen to them.
You can even be a long only trader. Just wait until it's time. Also, know your time horizon. If you're a 10 year from now person, just put your money in SPY and forget your password.
Looks like we are in no man's land right now.
What about if your time horizon is 5 years?
Food for thought…
If you bought at the top of the market in 2002, it would have taken you 13 years to break even.
If you bought at the top of the market in 2002, it would have taken you 13 years to break even.
If you have cash - there will be fantastic discounts akin to March 2020 - probably even deeper.
Bought June 23 15c on this one. Posted it a while back and ended up entering those. Please excuse all my lines. They are alert levels for me.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Posted this one last week. I bought and sold calls on this one. Broke out of the flag yesterday. Keep and eye for continuation.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Bob Knights Paper Hands
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That's a nice round bottom.
Bob Knights Liver said:
That's a nice round bottom.
Sure is pretty
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
Bob Knights Paper Hands
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If you enter VALE calls are you out of the underlying hits $11? Get below that $11.16 low and that's an ugly M that could take it down to $10 or lower. It does look like a breakout candidate either way, IMO.
Bob Knights Liver said:
If you enter VALE calls are you out of the underlying hits $11? Get below that $11.16 low and that's an ugly M that could take it down to $10 or lower. It does look like a breakout candidate either way, IMO.
Yes. That's a weekly chart playing inverse H&S.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
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