Well, there goes the stock market or one man's loss is another man's gain
[QUOTE=NewtonYork;2988892]Well, I guess this is it. My whole brokerage account is so deep in the red now, there's no point even looking at it anymore until or unless there's some kind of calm coming back to the markets. [/QUOTE]From it's all-time closing high of 540.81 the Nasdaq (QQQ) is down roughly 14.4% and some smart investors are starting to get interested and beginning to buy the damn thing. There is no guarantee the index will not drop another 15%. Boy, would that be a buying opportunity! In any case, this market correction (the bear market) is long overdue. I have been anticipating it for over a year. And once again, I offer you my best advice: if you are cought long the stock market IN solid companies, HOLD ON! DO NOTHING! But if you must do something, go to amazon and buy "A Random Walk Down Wall Street" by Burton G. Malkiel. This can be a learning opportunity for you. Be calm and do not do something stupid like selling the bottom.
SC, you are still on ignore
Like most your posts, there was the idiotic name calling of racism and the typical dick measuring contest that resides in all your posts. If you did not have your butt buddy and fellow racist victim Gabacho going down on a moderator, chances are you would be banned by now.
And after all the bullshit, you admit you know nothing about bonds. So basically the last two posts are what I would expect from a narcissist, pleas for attention. Well, you are not going to get it from me.
I just admitted I gave bad advice to the poster who asked for it, and I corrected it. As far as not convincing me of anything, you are right. Maybe try posting on facts and showing knowledge versus patting yourself on the back, and I will listen.
As for crypto, I have been reading about that for decades and bought a little myself. It is an alternative to the dollar as a store of value, and I apologized to you when you said it was an alternative to the dollar versus what I thought you were doing which was hawking it as an investment be.
Ut people think that means it goes the opposite way of the dollar. The diversification myth was throtled by Peter Lynch who called it deworsification. As the government starts pulling money out of the system, everything will go down including bitcoin. Look at the prices in the last few crashes. What goes up when the overall market goes down? You do not have real diversification until you invest in whatever that is.
California EV dreaming, on such a winter's ICE banned day...
[QUOTE=Tiny 12;2988404][b]Mandating Electric Vehicles[/b]
I worked long and hard on this. I hope you enjoy it. ....[/QUOTE]
[QUOTE=Elvis 2008;2988404]That is really, really weak. I agree with Tiny. You showed real knowledge with EVs and China. ...
As of now, EVs are massively inferior to ICE or hybrid vehicles for long trips, and government subsidies were not going to change that. [/QUOTE]
Since you guys, put so much effort into those manufacturing mandates, let me say, believe IT or NOT, your well intentioned efforts, haven't been lost on me! Those mandates, you quoted, that are reportedly suppose to STOP consumers, from buying new ICE vehicles,[i][b]...really don't! [/b][/i]
[b]How's that you ask?[/b] Well allow me to debunk, yet another EV mandate myth, and explain it, in a way, you QAnon\Repub\MAGA cultists, I think well understand:
Okay...I'll need you guys, to pretend for a second, that...you're [b]a pregnant women.[/b] (Work with me, now...you'll see were this is going!)
[LIST][b]1.[/b] More precisely, a pregnant women in a red state, with an abortion ban.
[i][b]- (ie.[/b] This represents an ICE vehicle owner (in a clean-air mandated blue state), who has perhaps neglected car maintenance, or about to have engine failure, or the car just gets hobbled in a crash or nearly destroyed in freak storm...etc[b])[/b][/i]
[b]2.[/b] So you're pregnant (in red state) and disaster strikes, pregnancy complications ensue and you're and bleeding out and laying on the hospital/clinic bathroom floor (but no way near dead for them to attend to you), or worse held up in a gas service station bathroom. What do you do?
[i][b]- (ie.[/b] Your ICE vehicle has just conked-out, or oil-n-gas spewing all over the highway, or worse you've crashed and is FUBAR'd, near dead, or barely drivable. So naturally being MAGA, this means a new manly he-man ICE vehicle. So what do you do?[b])[/b][/i]
[b]3.[/b] So now what do you do, since there's an abortion ban in your ruby red state?...Well, according to ex-Gov Kari Lake (AZ), just pick-up your bleeding-out pregnant ass and [b]"eh, just go out of state...and you can go three (3) hours that way",[/b] to California.
[i][b]- (ie.[/b] Regardless of what condition your ICE vehicle is in, fit to drive (or NOT), leaking out oil/gas (or NOT), take your ass and/or your ICE vehicle, outta state[b]).[/b][/i]
[b]4.[/b] Be it, 500 or 1000 miles, take your pregnant ass and fly, drive, bus, walk or crawl to the nearest state, with abortion access to healthcare and have that abortion.
[i][b]- (ie.[/b] In order to buy your new ICE vehicle, just fly, drive, bus, hitch-a-ride, walk or crawl for hours and hundreds of miles until you find a nice friendly ICE red state with anti-clean air laws, that will sell you, a new ICE vehicle. Eh Voila![b])[/b][/i]
AND LAST BUT NOT LEAST (my fav):
[b]5.[/b] If your pregnant ass, makes it back alive to your red state, we'll fine you a $10K bounty (as someone no doubt, will snitch on you), prosecute you to the full extent of the law and throw your ass in jail.
[i][b]- (ie.[/b] Having made it back, as the proud owner of new ICE vehicle, no $10K bounty snitch awaits you, no prosecutorial justice awaits you and no jail time. [b]Just scowls of disapproval and "eco-shaming from the libs!")[/b][/i][/LIST]
But I'm sure, many of you QAnon\MAGA\Repubs conservative types, would rather be dragged over hot coals, than face the scowls of disapproval from the libs, for buying/driving a new ICE vehicle and ignoring the state's cleaner automotive emission standards and their ambitious Clean Air Act mandate, RIGHT!
So you see, Tiny 12 and Elvis 2008, [i][b]my TIP to you guys is,[/b][/i] when the time comes and you do indeed, need a new ICE vehicle, is to pretend like you're [u]a pregnant women[/u], in need of abortion, due to complications, in a red state and high-tail-it outta town [i][b](...kkkk!),[/b][/i] when states like California's ban on sales of new ICE vehicles, eventually come into effect.
Yet another myth busted and debunked, about buying and owning EVs!
This fucking sucks, or is it sucking fucks?
Trapped by all these falling knives, and an impending recession, clearly the bears have complete control of the market now. At this point, whatever hell I go through in the office, I can't even quit anymore. I'm trapped in a shitty work environment and my money is trapped in all these so called mag 7 stocks, until a miracle happens and the stock market recovers. I can't sell, I got no cash to dca down. This fucking sucks, and it sucking fucks.
There is a glimmer of hope though, following the reverse Cramer thesis, he just said it's time to abandon ship on the mag 7, which means it's time to load up. But then if I start buying, then it'll definitely crash. There's just no winning here *sigh* FML.
3 photos
LOL. MAGA Trumpian Lunacy on Parade!
[QUOTE=Elvis2008;2989031]We are nowhere near the bottom. This is the 1st half of the 1st inning. The two things causing the market to rise were government massively expanding the amount of cash in the system and AI. I saw what Trump and Musk were doing. When Musk repeated the things I saw about the debt and deficit, I was excited because he knew what the problem was. What shocked me is he was actually willing to take the bullets to fix it, and Trump has totally bought in.
The next question I had was, "Does Trump get that what he is doing is going to crash the market?" And I got my answer.
He responded to this on Sunday, [URL]https://www.cnbc.com/2025/03/10/trump-says-transition-period-likely-for-economy-and-you-cant-watch-the-stock-market.html[/URL] Asked whether he thinks a recession is imminent, Trump said, "I hate to predict things like that. " he later added, "Look, we're going to have disruption, but we're OK with that. " and this "What I have to do is build a strong country," he said. "You can't really watch the stock market. ".
Deepseek has blown up the models with regards to future earnings with AI. And the government is saying we are okay with the stock market going down. So I cannot even come up with a bull case right now.
If you are a real Democrat and care about the poor and middle class, this is not a bad thing. Housing has been ridiculously overpriced in the USA. With the piercing of the asset bubble, interest rates will come down as will housing prices, and some of those millenials will actually be able to afford a home!
But yeah, the Democratic douche will latch onto the falling stock market as a symptom of Trump incompetence. Truth is the market was a Biden blown bubble of epic proportions.[/QUOTE]It is astonishing how the inarguable superiority of Great Dem Recoveries, Expansions, Historic Jobs Gains and oh yes Stock Market Gains vs Great Repub Depressions, Great Recessions, Historic Jobs Destruction and oh yes Stock Market Crashes has finally come to this;.
Trump takes credit for the Economy and Stock Market when he is NOT President and blames the Crap Jobs Numbers and Stock Market Crashes when he IS president on Obama and Biden!
Perfect. LOL.
"Never woulda' happened on my watch" was appropriate for Obama and Biden to have said about Trump's Pandemic Part 1 and the Trump's Pandemic Part 2 that Trump is working so hard to create. And it sure as hell was worse for America, killed more Americans, destoyed more jobs and businesses than any war between other countries anywhere else. But, being responsible adults more interested in cleaning up the colossal Repub mess of everything they were handed than laying blame, they never pulled that shit.
By stark contrast, that is the ONLY shit Trump and his MAGAs have got in their bag of crap to throw.
The only time Great Repub Depressions, Great Repub Recessions and Historic Repub Jobs Destruction "transitioned" into something better was AFTER Dems took office and cleaned up the colossal mess of everything the Repubs handed them as FDR did and JFK / LBJ did and Carter did and Clinton did and Obama did and Biden did and for damn sure the next incoming Dem will after Trump's Pandemic Part 2 is mercifully over.
And when that "transition" to a better America and better economy happens it will be as always was the case for the past 100 years or more primarily Big Blue States with Big Blue Cities bailing out, rescuing and carrying the load of Recovery for Red States who suffered and could not handle the abuse visited upon them by their Repub pol abusers.
And all the while, the Red State MAGAs will blame the rescuing First Responder Dems for their plight and seek to punish them for it in the next election. Lolol.
As sure as night follows day.
Tiny 12 keeping it 100 up in dis *****!
[B]Tiny 12, I agree with your completely[/B]! E2008 once a called me a socialist:
[QUOTE=Elvis2008;2825778]Does this idiot get the concept of supply and demand [b]or is he another socialist[/b] that he thinks that he deserves better service because of his virtue signaling?[/QUOTE]The idiot in question that E2008 is referring to is me. Just click on the view original post link.
[QUOTE=Tiny12;2989128][b]Gentlemen, Please remember the bastards are the politicians, not fellow board members.[/b]
SubCmdr brought up an important point about bonds. If you're buying junk bonds issued at close to par value, and they can be called at slightly higher prices than what you're paying, the risk / reward ratio is probably out of whack. Like him, I prefer equities because I understand them better and believe there's more value in investing in them in the long term. I believe there are some tax traps associated with high yield bonds too if you hold them to maturity, although they could be avoided if you purchase them in an IRA.[/QUOTE]E2008 you seem to know a lot about my posts even through you have me on ignore. I am flattered. I have not been banned because I have not violated the code of conduct on ISG. I have received plenty of infractions though. My last one does not drop off until.
So I am no angel. The real difference between me an you is that I can take an infraction like a man. Just like when I went to Dominican Jail. I don't need to project my homosexual fantasies as you do.
[QUOTE=Elvis2008;2989038]If you did not have your butt buddy and fellow racist victim Gabacho going down on a moderator, chances are you would be banned by now.[/QUOTE]To make excuses for my behavioral errors that result in me taking an infraction. Much like crypto I take responsibility for myself and my actions.
[QUOTE=Elvis2008;2989038][B]Maybe try posting on facts and showing knowledge versus patting yourself on the back, and I will listen.[/B][/QUOTE]Ok, let's just stick to the facts and see if you are speaking truth or just more of your lies and insults.
[U]Here is what you wrote and my factual response[/U]
[QUOTE=Elvis2008;2988258]If you have not gotten out, you better now. It is not going up now. NVIDIA makes video cards for gaming. They just lucked into the fact that their chips are the best ones for AI for now. This was part of the whole AI is going to change the world nonsense. Sure, AI may change the world but no one knows who is going to benefit from it.[/QUOTE][URL]https://www.cnbc.com/2025/02/26/nvidia-nvda-earnings-report-q4-2025.html[/URL]
NVIDIA is not sitting on it's achievements. They have already announced the Blackwell 200 GPU unit which the next generation of GPU platform.
[URL]https://cloud.google.com/blog/products/compute/introducing-a4-vms-powered-by-nvidia-b200-gpu-aka-blackwell[/URL] The owner of NVIDIA is a billionaire. [B]Is Elvis2000 a billionaire[/B]?
[QUOTE=Elvis2008;2988258]So the recent black swan event was deep seek from China. It showed with some software tweeks, you do not have to pay through the nose for high end chips. Is Deep seek now going to be the darling of Wall Street? I doubt it. What they did can easily be replicated.[/QUOTE]Not a black swan event. Throughout time improvements in computing power come from two sources, hardware and software. It is no surprise that innovative software engineers could come up with a way to get more with less. But what E2008 misses is that the training was done using the LLMs that had already been developed. Sort of like saying a Professor used his graduate students to teach his classes after he instructed them how do to it. So that freed up his time and allowed him to save money by billing his university at his rate while using his graduate students who are getting paid a significance lower rate to teach his undergraduate classes.
Using logic from the OP he thinks that because the Professor did that there will no longer be a need for Professors (powerful chips). I think differently. I think the [U]DeepSeek[/U] development shows that AI can be for everyone. Not just the multi-billion dollar Corporate spenders out there. The computers the racist Musk uses in his rocket science are WAY more advanced that my desktop. The DeepSeek development will drive demand and may create a situation of doing more with more and make the current chips even more powerful. Currently NVDA cannot make enough chips to meet demand. Their current closest competitor is AMD. They have a good chip but they are having production problems which are delaying the launch. In the current stock market correction AMD is taking a price hit also. Just like almost everything else in the market.
[B]You said I was a bad investor[/B] How about a real world test. You put up four bonds you have bought, the date and the prices. Here is my equity portfolio for the test. I have real USD on this. This is not a paper portfolio.
[B]Mark the date - Tuesday March 11, 2025[/B]
[U]Closing Prices[/U]
NVDA - 109.415; MSTR - 259.40; COIN - 191.98; AMD - 97.08.
[U]My Purchase Prices[/U]
NVDA - 117.97; MSTR - 250.00 ; COIN - 211.50; AMD - 99.00.
Let's check back in a year and see how the number looks despite the what the Racist Musk and King Trump are doing to destroy the economy in the United States of America and the lives my fellow American who are not billionaires. Same Same me.
The Hills to Die On...are history's gem stones of perseverance!
[QUOTE=EihTooms;2988642]Political and Corporate Corruption has always been the life-blood of the Repub Party. It could not exist without it.
LOL. Imagine a Political Party spending Trillions more, adding Trillions more to the USA debt and deficit than its Democratic Party counterpart for more than 100 years yet, even when it controls the White House, House and Senate, still NEVER managing to propose, fight for and pass a single piece of legislation to benefit the majority of the American people destined to become revered and defended to this day?
Not one Repub legislation comparable to ANY of ALL of them proposed, fought for and passed by The Democratic Party when they controlled the White House, House and Senate, even though they spent less of the American tax-payers' money to accomplish it!
Amazing.
Social Security (nothing like a Ponzi Scheme, BTW).
Unemployment Insurance.
Medicare.
Medicaid.
The 1993 Omnibus Budget Reconciliation Act.
The American Recovery and Reinvestment Act.
The Affirdable Care Act.
The American Rescue Plan Act.
The Inflation Reduction Act.
The Science and Chips Act.
The Infrastructure Investment and Jobs Act.
And so on. [/QUOTE]
All great moments or [i][b]"Hills to Die On",[/b][/i] as it were IMO. Where [i][b]the cost of silence[/i][/b] was no doubt, greater than [i][b]the cost of defiance.[/i][/b]
A few of my own "Hills to Die On":
The Wagner Act
Civil Rights Act
Clean Air Act
Womens Suffrage
Marriage Equality
Federal Mandate for Seat Belt Safety
The Environmental Protection Agency (EPA)
Lead Paint/Gasoline Ban
LGBTQ and Anti-Discrimination Laws
Consumer Product Safety Commission
Family and Medical Leave Act
Occupational Safety and Health Act
Evidently, some hills are worth dying on!
That is undeniably, a helluva lot of [i][b]"Hills to Die On",[/b][/i] but they are undeniably, the reasons why many of us, enjoy the cleaner living, better working standards, rights and freedoms of today.
And yet you'll always get, the dismissive arrogance, from many of those MAGA sanctimonious insufferable blowhards, that scoff at those hard fought battles for, equal rights, civil rights and freedoms, that they now, so easily take for granted.
[LIST][i]"Democrats are the party that says government will make you smarter, taller, richer, and cure the common cold. Republicans are the party that says government doesnt work, and then they get elected and prove it." [/i][/LIST]
