Glad I loaded up on NVDA during the dip.
I mean it's 4 shares, but still.
I mean it's 4 shares, but still.
flashplayer said:agdaddy04 said:
Do you guys think it's a good idea to ponder unloading NVDA? I certainly don't want to ride it down.
Hopefully you are still holding it or at least waited until today to get that extra 6% since you asked this.
BlueTaze said:
Alerted on BA at some strong support, could be a good swing trade with calls. Or if the level breaks down, go with puts.
ProgN said:EnronAg said:
mega caps seem to be holding it together...they are ripping while RSP is negative...Q's outperforming...many of mag7 seem to be hitting all time highs or very close...so will be interesting to see what those do on a greater market pullback...they seem to be the safe haven and carrying this flailing market, in my opinion...
Long funds and MM are using the Mag 7 to defend a negative cross of RSI on SPX because they are heavily weighted. Hard cross below 50 could trigger sell programs
Oh, no.
— unusual_whales (@unusual_whales) April 11, 2024
The largest office building in St. Louis has sold for $3.5 million, per WSJ.
In 2006, it sold for $205 million. pic.twitter.com/Io87rdptw8
And here's looking up Uranus EFT.nortex97 said:
GDX rolling along. SLV finally surging a bit.
LOL.......username checks out.EnronAg said:
Dear Lord, is that real?!?!? how is that even possible???
Holy smokes, it sold for $2.50/SF. That is totally unheard of.nortex97 said:
GDX rolling along. SLV finally surging a bit.Oh, no.
— unusual_whales (@unusual_whales) April 11, 2024
The largest office building in St. Louis has sold for $3.5 million, per WSJ.
In 2006, it sold for $205 million. pic.twitter.com/Io87rdptw8
Tell me again CRE is going to be anything but a **** show this year?
A good friend of mine was a district manager for Tennessee at his company and he was told to layoff 25% of his salesforce in February. He's a good man with a good heart. It killed him and he did as instructed but he felt horrible for doing so. He was laid off last Friday and depressed.Brian Earl Spilner said:
Ugh. Four people in our department were laid off today. Our team wasn't impacted, but still not a great feeling.
Bit nervous to be honest.
I expect them to lock in yearly gains early as well and not gamble losing good returns and protecting their year end bonuses.Heineken-Ashi said:ProgN said:EnronAg said:
mega caps seem to be holding it together...they are ripping while RSP is negative...Q's outperforming...many of mag7 seem to be hitting all time highs or very close...so will be interesting to see what those do on a greater market pullback...they seem to be the safe haven and carrying this flailing market, in my opinion...
Long funds and MM are using the Mag 7 to defend a negative cross of RSI on SPX because they are heavily weighted. Hard cross below 50 could trigger sell programs
Money managers will be emptying the shelves below 5100. Locking in gains above the yearly expectation.
Funny you say that because I was looking into this today just in case I find myself in that situation.ProgN said:A good friend of mine was a district manager for Tennessee at his company and he was told to layoff 25% of his salesforce in February. He's a good man with a good heart. It killed him and he did as instructed but he felt horrible for doing so. He was laid off last Friday and depressed.Brian Earl Spilner said:
Ugh. Four people in our department were laid off today. Our team wasn't impacted, but still not a great feeling.
Bit nervous to be honest.
I told him that when he has to rollover his 401K into a self-directed IRA, that I'd be willing to direct it and will grow it for him. I will manage it for him in exchange that he learns what/how I do it.
Benefits: An IRA offers many more investment options, usually at lower expense ratios. More control on timing of purchases and sales. You can usually get a cash rollover bonus from most brokerage firms.Brian Earl Spilner said:Funny you say that because I was looking into this today just in case I find myself in that situation.ProgN said:A good friend of mine was a district manager for Tennessee at his company and he was told to layoff 25% of his salesforce in February. He's a good man with a good heart. It killed him and he did as instructed but he felt horrible for doing so. He was laid off last Friday and depressed.Brian Earl Spilner said:
Ugh. Four people in our department were laid off today. Our team wasn't impacted, but still not a great feeling.
Bit nervous to be honest.
I told him that when he has to rollover his 401K into a self-directed IRA, that I'd be willing to direct it and will grow it for him. I will manage it for him in exchange that he learns what/how I do it.
What are the benefits of rolling it over to an IRA, rather than leaving it with your previous employer? Just the flexibility? Any tax implications for doing so?
Pay close attention to my edit on tax implications!Brian Earl Spilner said:
Thanks for the info.
Just flexibility. I can grow it much better for him than mutual funds and it's tax deferred. Rolling it over doesn't incur any tax liability, unless he were to pull some out.Brian Earl Spilner said:Funny you say that because I was looking into this today just in case I find myself in that situation.ProgN said:A good friend of mine was a district manager for Tennessee at his company and he was told to layoff 25% of his salesforce in February. He's a good man with a good heart. It killed him and he did as instructed but he felt horrible for doing so. He was laid off last Friday and depressed.Brian Earl Spilner said:
Ugh. Four people in our department were laid off today. Our team wasn't impacted, but still not a great feeling.
Bit nervous to be honest.
I told him that when he has to rollover his 401K into a self-directed IRA, that I'd be willing to direct it and will grow it for him. I will manage it for him in exchange that he learns what/how I do it.
What are the benefits of rolling it over to an IRA, rather than leaving it with your previous employer? Just the flexibility? Any tax implications for doing so?
Spaceship said:Holy smokes, it sold for $2.50/SF. That is totally unheard of.nortex97 said:
GDX rolling along. SLV finally surging a bit.Oh, no.
— unusual_whales (@unusual_whales) April 11, 2024
The largest office building in St. Louis has sold for $3.5 million, per WSJ.
In 2006, it sold for $205 million. pic.twitter.com/Io87rdptw8
Tell me again CRE is going to be anything but a **** show this year?
The buyer of that building (at that cost) will ultimately look like a genius once they redevelop it to multifamily.
cgh1999 said:Spaceship said:Holy smokes, it sold for $2.50/SF. That is totally unheard of.nortex97 said:
GDX rolling along. SLV finally surging a bit.Oh, no.
— unusual_whales (@unusual_whales) April 11, 2024
The largest office building in St. Louis has sold for $3.5 million, per WSJ.
In 2006, it sold for $205 million. pic.twitter.com/Io87rdptw8
Tell me again CRE is going to be anything but a **** show this year?
The buyer of that building (at that cost) will ultimately look like a genius once they redevelop it to multifamily.
He will pay more than the cost of the building to maintain it, taxes, and insurance.
I've seen multiple buildings in greenspoint get bought for cheap only to be foreclosed on. I'd only buy at dirt price minus demolition.
Converting that to condos is incredibly expensive and not a guarantee. Tear it down and build something people want.
Hey bear doc, with a baby future Ag , good to see you pop in. I don't trade the miners but some articles I've read might explain the divergence. Several governments are, and have been buying physical gold, that explains the dramatic price increase of the commodity. If accurate, countries dgas about the miners or stocks. My question is what do they know that we don't?BaylorSpineGuy said:
So….can anyone explain to me without numbers 1-5 and letters A-C and W-Z why the gold miners are lagging the gold rally so badly? Looks like they wanna join now but would've guessed they would not have lagged so badly. SSRM is one in particular I watch. It's up almost 10% in a week.
I appreciate all the EW stuff and quite enjoy drawing the waves and reviewing, but looking for a more clear understanding behind the gold rally and why miners have just now decided to follow along.
TIA. Oh and sic'em. Our coach trolled the entire state of Kentucky in the last 3 weeks. I'm happy.
this is not normal pic.twitter.com/mv0uLsDs7R
— zerohedge (@zerohedge) April 12, 2024