Fade me but I loaded the rest of my VIX May 21C today towards the lows.
Their idiocy knows no ends.MROD92 said:
https://m.washingtontimes.com/news/2023/apr/18/joe-biden-hike-payments-good-credit-homebuyers-sub/
What, if any, impact might this have?
MROD92 said:
https://m.washingtontimes.com/news/2023/apr/18/joe-biden-hike-payments-good-credit-homebuyers-sub/
What, if any, impact might this have?
BaylorSpineGuy said:
SKEW dropped quite a bit this evening.
2008 says hold my Lehman Bro.MROD92 said:
https://m.washingtontimes.com/news/2023/apr/18/joe-biden-hike-payments-good-credit-homebuyers-sub/
What, if any, impact might this have?
FJ43 said:BaylorSpineGuy said:
SKEW dropped quite a bit this evening.
I'm good with that.
FTAG 2000 said:2008 says hold my Lehman Bro.MROD92 said:
https://m.washingtontimes.com/news/2023/apr/18/joe-biden-hike-payments-good-credit-homebuyers-sub/
What, if any, impact might this have?
FTAG 2000 said:2008 says hold my Lehman Bro.MROD92 said:
https://m.washingtontimes.com/news/2023/apr/18/joe-biden-hike-payments-good-credit-homebuyers-sub/
What, if any, impact might this have?
Boy Named Sue said:
Faded the first move and bought calls, scalped for about 20% but shoulda held
nothing to fear except fear itself!!Red Pear Luke (BCS) said:FTAG 2000 said:2008 says hold my Lehman Bro.MROD92 said:
https://m.washingtontimes.com/news/2023/apr/18/joe-biden-hike-payments-good-credit-homebuyers-sub/
What, if any, impact might this have?
For real - we are literally expanding credit to less qualified borrowers during a government induced credit crunch and charging higher fees to those making sound financial decisions like putting 20% down on house.
It's frustrating to say the least and I suspect will end up similar to 2008 results where those lower credit folks lost their house as soon as the job was eliminated and theyre laid off. I watched it happen personally to my mom & stepdad in 2008. Fun times….
FJ43 said:
Mornun!
Some lower targets today and an SR to the upside to watch for rejection.
Trade wisely!
jj9000 said:Seriously?LMCane said:nothing to fear except fear itself!!Red Pear Luke (BCS) said:FTAG 2000 said:2008 says hold my Lehman Bro.MROD92 said:
https://m.washingtontimes.com/news/2023/apr/18/joe-biden-hike-payments-good-credit-homebuyers-sub/
What, if any, impact might this have?
For real - we are literally expanding credit to less qualified borrowers during a government induced credit crunch and charging higher fees to those making sound financial decisions like putting 20% down on house.
It's frustrating to say the least and I suspect will end up similar to 2008 results where those lower credit folks lost their house as soon as the job was eliminated and theyre laid off. I watched it happen personally to my mom & stepdad in 2008. Fun times….
US Leading Economic Indicators Tumble For 12th Straight Month, Signal Recession Imminent
BY TYLER DURDEN THURSDAY, APR 20, 2023 - 10:35 AM
The Conference Board's Leading Economic Indicators (LEI) accelerated its decline in March, dropping 1.2% MoM (far more than the 0.7% decline expected).
The biggest positive contributor to the leading index was orders for non-defense capital goods ex aircraft at 0.02 The biggest negative contributor was building permits at -0.28
This is the 12th straight monthly decline in the LEI (and 13th month of 15) - the longest streak of declines since 'Lehman' (22 straight months of declines from June 2007 to April 2008)
What's the 1st Rule about posting economic data?