All things STOCKS

#17,902
#17,902
mrorange211 said:
10Y at 4.536 and rising.......
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Equities don't seem to mind it at all...yet.

I think it would start to get the stock market's attention if we got to the upper end of the range we've been in since last summer, up around 4.75 or so. Especially if it got there relatively quickly. With yields the rate of change I think is more important than what the yield is itself
 
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#17,904
#17,904
I'm taking a chance here on a $UNH $300 call for Sept 19. They say the WSJ report is not true. I got a 10% stop.

EDIT: I got in @ $249 for 20.80

EDIT: out at 23.58
 
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#17,907
#17,907
mrorange211 said:
I'm making money so I feel pretty good! It does seem like the effects of tariffs right now are somewhat minimal.
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Powell in my opinion is just trying to snub the good things this administration is doing…him speaking today screamed “political” to me
 
#17,908
#17,908
UTSuave’ said:
Powell in my opinion is just trying to snub the good things this administration is doing…him speaking today screamed “political” to me
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meh. sometimes I go both ways with the Fed and it's political leanings. I think JPow was trying to warn us of some supply shocks that could come making the process of cutting harder. I do think if tariffs weren't a thing, JPow would be talking about cutting left and right. That's not a comment on whether I believe they are right or not, just my perception of how he would be acting if they weren't around.
 
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#17,909
#17,909
mrorange211 said:
meh. sometimes I go both ways with the Fed and it's political leanings. I think JPow was trying to warn us of some supply shocks that could come making the process of cutting harder. I do think if tariffs weren't a thing, JPow would be talking about cutting left and right. That's not a comment on whether I believe they are right or not, just my perception of how he would be acting if they weren't around.
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Unemployment is low, inflation is low (and falling) and the economy is reasonably strong. I'm not sure why you think the Fed would be cutting rates right now if it weren't for the tariffs. They don't generally cut rates for the hell of it. The market previously had priced in sn expectation of a rate cut in June. I predicted about 5 weeks ago that they wouldn't cut rates in June. Now the market has apparently pushed the expectation of the first rate cut out to September.

Vol423 said:
I don't think they were going to cut rates in June anyway, and I think there is no chance of it with these massive China tariffs in place.
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#17,913
#17,913
Vol423 said:
Future gelding?
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Lol! Looked like he bought right at the low of the day which is hard to do when a stock has a $33 swing.

But yeah, I think UNH management has been an unethical bunch of scum for the last decade.

It is admittedly a challenging business. But United slowly become the worst of the big 3-4 in that field.

When I was much younger, I day-traded some bad companies just based on over reaction to news. Might have made a few bucks here/there but moved on from that approach.

I would not be buying United Health as a long-term investor. Just my two cents..
 
#17,914
#17,914
Jax_Vol said:
Lol! Looked like he bought right at the low of the day which is hard to do when a stock has a $33 swing.

But yeah, I think UNH management has been an unethical bunch of scum for the last decade.

It is admittedly a challenging business. But United slowly become the worst of the big 3-4 in that field.

When I was much younger, I day-traded some bad companies just based on over reaction to news. Might have made a few bucks here/there but moved on from that approach.

I would not be buying United Health as a long-term investor. Just my two cents..
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I got lucky. Barely missed limit the day before. Saw the crash yesterday. Set limit $10 below where it was $260 at the time and hit...
 
#17,915
#17,915
I got out yesterday because my hunch is that the WSJ report is accurate. Good swing though. Up about $10 right now at open and could push past $300 today the way the market is looking. I'm buying into $EL & $RDDT at open.

Vol423 said:
Unemployment is low, inflation is low (and falling) and the economy is reasonably strong. I'm not sure why you think the Fed would be cutting rates right now if it weren't for the tariffs.
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The rate right now is as high as it's been since 1997-1998. Conditions in the economic sector have changed significantly since that time and the rate should come down now that it appears inflation is falling. I'm not saying the rate should be zero, but it should be around 3-4%.
 
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#17,916
#17,916
mrorange211 said:
I got out yesterday because my hunch is that the WSJ report is accurate. Good swing though. Up about $10 right now at open and could push past $300 today the way the market is looking. I'm buying into $EL at open.


The rate right now is as high as it's been since 1997-1998. Conditions in the economic sector have changed significantly since that time and the rate should come down now that it appears inflation is falling. I'm not saying the rate should be zero, but it should be around 3-4%.
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I dont doubt the report is correct. But at some point, it becomes too cheap. Hope that nunber was $250. Suspect they will pay a big ass fine.
 
#17,919
#17,919
BigOrangeMojo said:
Their competitors are poorly run by a bunch of shitbags as well. My thesis is that this limits some of the long term downside...
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Yes! That is a good point. They all sux so it is a plus if you sux less than the other suckers.

Back in the day, Warren B killed riding insurance companies who refused payouts.
 
#17,921
#17,921
Vol423 said:
Unemployment is low, inflation is low (and falling) and the economy is reasonably strong. I'm not sure why you think the Fed would be cutting rates right now if it weren't for the tariffs. They don't generally cut rates for the hell of it. The market previously had priced in sn expectation of a rate cut in June. I predicted about 5 weeks ago that they wouldn't cut rates in June. Now the market has apparently pushed the expectation of the first rate cut out to September.
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In my opinion, the Fed will consistently attempt to push down rates in order to reduce the impact of debt service on the economy. We now spend more on debt service than Medicare. I get different numbers when I google between 13%-18% of the budget. Last year we had new borrowing of 17% of the total federal budget. Do the math and we’re getting to $1 out of every $4-5 collected goes to debt service with no improvements on the horizon. Our congress who love to quote they “hold the purse strings” continue to spend like drunken sailors. How ironic they’re running around crying Medicaid’s getting cut when Congress is the ones who should be cut for appropriating money they don’t have and spending us into insolvency.

www.pgpf.org

Interest Costs on the National Debt

See interest costs on the national debt for this fiscal year and projections for the next 10 years.
www.pgpf.org www.pgpf.org
 
#17,923
#17,923
05_never_again said:
Equities don't seem to mind it at all...yet.

I think it would start to get the stock market's attention if we got to the upper end of the range we've been in since last summer, up around 4.75 or so. Especially if it got there relatively quickly. With yields the rate of change I think is more important than what the yield is itself
Click to expand...
 
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