Non-Political Market/Economy/Finance/etc. Thread

[steve dave]

fed shoulda done 50.

lmao if they try to do it next round. Jerome, "Well, you see, we mumped up. Now I must lob this grenade at you". doing a burnout in his camero and then slamming on the brakes and then immediately doing another burnout. but, like, opposite. you get the idea.

[Pete]

When, I wonder, will we get back to the point where car dealers are truly desperate for customers?  I miss the days when they demeaned themselves regularly.

[steve dave]

When, I wonder, will we get back to the point where car dealers are truly desperate for customers?  I miss the days when they demeaned themselves regularly.

If you are looking for a new car it won't be long at all. Few months. Used may take longer.

[Pete]

When, I wonder, will we get back to the point where car dealers are truly desperate for customers?  I miss the days when they demeaned themselves regularly.

If you are looking for a new car it won't be long at all. Few months. Used may take longer.

Yeah, I have a freshman in high school right now who will need a used car at the end of summer.  Hoping that the new car market has stagnate inventory by then, and collapses the used car market.  I could push it to November or December, but not beyond that.

[Justwin]

When, I wonder, will we get back to the point where car dealers are truly desperate for customers?  I miss the days when they demeaned themselves regularly.

If you are looking for a new car it won't be long at all. Few months. Used may take longer.

A lot of used cars have come down quite a bit in price. I think used car prices are roughly 15% lower now than they were a year ago.

[steve dave]

Good follow for industry stuff

https://twitter.com/guydealership/status/1620938797704945665


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[wetwillie]

Wait if it’s a good time to sell your car, is it also a bad time to buy a replacement?

[Rage Against the McKee]

Wait if it’s a good time to sell your car, is it also a bad time to buy a replacement?

Yeah. The real reason it's a good time to sell your car and buy another is that the jobs outlook indicates that interest rates are going to go up and stay high for awhile.

[IPA4Me]

Hella short squeeze on Friday. Do we hold SPY 410 on Monday or retrace back to 405? Glad I'm a price action player. Draw me levels and play whatever happens. My current favorites are XOM, COIN, and SPY. Can usually get good movement daily from one of them.

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[steve dave]

Hella short squeeze on Friday. Do we hold SPY 410 on Monday or retrace back to 405? Glad I'm a price action player. Draw me levels and play whatever happens. My current favorites are XOM, COIN, and SPY. Can usually get good movement daily from one of them.

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wut

[IPA4Me]

Hella short squeeze on Friday. Do we hold SPY 410 on Monday or retrace back to 405? Glad I'm a price action player. Draw me levels and play whatever happens. My current favorites are XOM, COIN, and SPY. Can usually get good movement daily from one of them.

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wut

$APPL. That run up was all a squeeze and short coverings. Shorts were covering and price kept going up. Once covers were done, bloop. Rejected right off $157.38 like clockwork. Then you get a little range trading before dropping down to next price level.

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[sys]

https://twitter.com/jasonfurman/status/1629122548909629443

[IPA4Me]

https://twitter.com/ProfitsTaken/status/1629658641954484224?t=OxBeQto_1f4qGmZxZj1xmg&s=19

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[IPA4Me]

I'm getting more and more bearish. Going to increase my ETF shorts over the next week in the rollover.

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[IPA4Me]

Big player in sub prime used car business goes down.

https://twitter.com/GuyDealership/status/1629517018222174214?t=fKkMTEu6rqEp7j5gTdrHyw&s=19

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[bucket]

I'm getting more and more bearish. Going to increase my ETF shorts over the next week in the rollover.

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I think we're definitely going back down now that inflation appears to be sticky. Who could have foreseen that. I saw someone comment that January would mark market highs for the year. I'm not sure about that but I'll probably DCA more heavily late spring summer with a hope for a strong end to the year.

[IPA4Me]

Big player in sub prime used car business goes down.

https://twitter.com/GuyDealership/status/1629517018222174214?t=fKkMTEu6rqEp7j5gTdrHyw&s=19

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https://twitter.com/unusual_whales/status/1629946643012542464?t=-L2lyVz0c1vVcCmTX0QbKA&s=19

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[DaBigTrain]

[Pete]

How’s it looking guys?

[IPA4Me]

We're teetering on a big downturn. Hopefully tomorrow's House hearing will be a bit dovish and we can rip a few points. I'm swinging option calls for SPX.

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[IPA4Me]

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[bucket]

Is this not what you were expecting?

[steve dave]

JOBS STRONG!

Counterpoint, 3.6% unemployment and wage growth slowed.



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[steve dave]

Think we’re getting 50bp


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[steve dave]

Banks melting down because of contagion worry from SVB. Putting this here instead of investing thread because of Fed stuff.

https://twitter.com/jeannasmialek/status/1634208120468537344


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