amarshall Posted February 23, 2021 Share Posted February 23, 2021 Another monkey hammering in the market today. I have no more powder to buy. 1 Link to comment Share on other sites More sharing options...
UnitedWx Posted February 23, 2021 Share Posted February 23, 2021 8 hours ago, PhineasC said: We love Italian Link to comment Share on other sites More sharing options...
HIPPYVALLEY Posted February 23, 2021 Share Posted February 23, 2021 46 minutes ago, amarshall said: Another monkey hammering in the market today. I have no more powder to buy. NASDAQ getting some reality knocked into it. 1 Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted February 23, 2021 Share Posted February 23, 2021 As I posted Sunday nite . This sell off is about 10 year yield rising . Rising yield is a knife cutting extreme extended historic valuations that are found everywhere in this marker . It also erodes T.I.N.A (there is not another ) option to put you money than stocks . Jay Powell has a chance today at 10am to calm markets ! and I believe he understands the systematic importance of simply saying they are watching the yield on 10 year and they are going to extend the current fed bond buying (yes we buy our “own debt in massive numbers” ) maturities out further on the Yield curve . I.E we will buy/ cap the yield on 10 year because we have said over and over the 10 year remaining accommodative is imperative for economic recovery as it relates to interest rates to businesses and consumers . He has stated also they are committed to the recovery . If he can’t do this stocks have a long way down And things may get ugly fast given the leverage in this marker and the Pavlovian response of buying the dip that has made folks huge money this year if he is successful , we make new highs And we kick the can AND anyone going long this am makes money Lithium miners and rare earth mineral miners have help up well . The lithium , nickel and graphite miners are the safest and best plays in EV explosion , the manufacturers are a crap show of over valuations and too many are entering market and all promising gigantic growth . Wouldn’t touch them 5 Link to comment Share on other sites More sharing options...
BuffaloWeather Posted February 23, 2021 Share Posted February 23, 2021 1 hour ago, STILL N OF PIKE said: As I posted Sunday nite . This sell off is about 10 year yield rising . Rising yield is a knife cutting extreme extended historic valuations that are found everywhere in this marker . It also erodes T.I.N.A (there is not another ) option to put you money than stocks . Jay Powell has a chance today at 10am to calm markets ! and I believe he understands the systematic importance of simply saying they are watching the yield on 10 year and they are going to extend the current fed bond buying (yes we buy our “own debt in massive numbers” ) maturities out further on the Yield curve . I.E we will buy/ cap the yield on 10 year because we have said over and over the 10 year remaining accommodative is imperative for economic recovery as it relates to interest rates to businesses and consumers . He has stated also they are committed to the recovery . If he can’t do this stocks have a long way down And things may get ugly fast given the leverage in this marker and the Pavlovian response of buying the dip that has made folks huge money this year if he is successful , we make new highs And we kick the can AND anyone going long this am makes money Lithium miners and rare earth mineral miners have help up well . The lithium , nickel and graphite miners are the safest and best plays in EV explosion , the manufacturers are a crap show of over valuations and too many are entering market and all promising gigantic growth . Wouldn’t touch them Thoughts on crypto as a hedge against inflation? Link to comment Share on other sites More sharing options...
monadnocks Posted February 23, 2021 Share Posted February 23, 2021 3 hours ago, amarshall said: Another monkey hammering in the market today. I have no more powder to buy. Same boat. I doubt this will last until Friday. Link to comment Share on other sites More sharing options...
DavisStraight Posted February 23, 2021 Share Posted February 23, 2021 2 hours ago, STILL N OF PIKE said: As I posted Sunday nite . This sell off is about 10 year yield rising . Rising yield is a knife cutting extreme extended historic valuations that are found everywhere in this marker . It also erodes T.I.N.A (there is not another ) option to put you money than stocks . Jay Powell has a chance today at 10am to calm markets ! and I believe he understands the systematic importance of simply saying they are watching the yield on 10 year and they are going to extend the current fed bond buying (yes we buy our “own debt in massive numbers” ) maturities out further on the Yield curve . I.E we will buy/ cap the yield on 10 year because we have said over and over the 10 year remaining accommodative is imperative for economic recovery as it relates to interest rates to businesses and consumers . He has stated also they are committed to the recovery . If he can’t do this stocks have a long way down And things may get ugly fast given the leverage in this marker and the Pavlovian response of buying the dip that has made folks huge money this year if he is successful , we make new highs And we kick the can AND anyone going long this am makes money Lithium miners and rare earth mineral miners have help up well . The lithium , nickel and graphite miners are the safest and best plays in EV explosion , the manufacturers are a crap show of over valuations and too many are entering market and all promising gigantic growth . Wouldn’t touch them Good summary, my gold and silver stocks are doing well, Ill check out the ones you mentioned. Link to comment Share on other sites More sharing options...
HIPPYVALLEY Posted February 23, 2021 Share Posted February 23, 2021 49 minutes ago, BuffaloWeather said: Thoughts on crypto as a hedge against inflation? Crypto is super volatile so you need to have the stomach for big losses and gains without getting rattled. The crash the past few days had several catalysts. Yellen, CNBC and then Bill Gates all had negative comments about BTC which spooked the casual investors. (I'm not sure how Gates is an expert on every subject in the news?) More importantly there was massive selling from the F2 crypto pool and that liquidated a lot of the day traders the past 48 hours. Futures expiration is Friday and the institutions and whales might be shaking out the weak hands in a bear trap. That is, of course, speculation but the guys I trust feel that way. I seriously doubt the crypto Bull Market is done. Platforms like ETH and ATOM are what the banking world is going to need in our evolving world of electronic currencies. Blockchain is the furure for better or for worse. Interesting that JPM was also crytical of BTC this week yet has a 6 figure price target moving forward. Hmmm. 2 Link to comment Share on other sites More sharing options...
BuffaloWeather Posted February 23, 2021 Share Posted February 23, 2021 2 minutes ago, HIPPYVALLEY said: Crypto is super volatile so you need to have the stomach for big losses and gains without getting rattled. The crash the past few days had several catalysts. Yellen, CNBC and then Bill Gates all had negative comments about BTC which spooked the casual investors. (I'm not sure how Gates is an expert on every subject in the news?) More importantly there was massive selling from the F2 crypto pool and that liquidated a lot of the day traders the past 48 hours. Futures expiration is Friday and the institutions and whales might be shaking out the weak hands in a bear trap. That is, of course, speculation but the guys I trust feel that way. I seriously doubt the crypto Bull Market is done. Platforms like ETH and ATOM are what the banking world is going to need in our evolving world of electronic currencies. Blockchain is the furure for better or for worse. Interesting that JPM was also crytical of BTC this week yet has a 6 figure price target moving forward. Hmmm. What are your thoughts about XRP? Link to comment Share on other sites More sharing options...
HIPPYVALLEY Posted February 23, 2021 Share Posted February 23, 2021 1 minute ago, BuffaloWeather said: What are your thoughts about XRP? I don't know man, that's an enigma to me. If the SEC drops the lawsuit than it will probably soar. Somehow it's still ahead of Stellar which is sort of it's main competitor. It's a great platform and has huge market cap but it got caught up in the whole Ripple debacle so I would be careful with it for now until the SEC smoke clears. Look into ATOM (Cosmos) it could be a big gainer and is good technology. I don't have a ton invested in Crypto but certainly enough to check prices every morning when I get up. Lol This morning was the first time a massive dip didn't rattle me since I believe in the market right now, not swing trading. Hell, huge losses have already been halved today if not more and ATOM is green. I generally stay away from Cryptos that are not in the top 20 market cap. The only exception is DASH and ALGO because they seem to have good potential. Most of my position is ETH and ATOM. Do your research! I'll put up a list of my favorite Youtuber's later. 2 Link to comment Share on other sites More sharing options...
ORH_wxman Posted February 23, 2021 Share Posted February 23, 2021 Classic Tip warm bum-bum nape tanner day. Complete with the melting line down the center of the driveway Link to comment Share on other sites More sharing options...
HIPPYVALLEY Posted February 23, 2021 Share Posted February 23, 2021 Just now, ORH_wxman said: Classic Tip warm bum-bum nape tanner day. Complete with the melting line down the center of the driveway I was cringing watching Greenfield do that extra morning plow run today. I much $ was spent on snow that was melted by 9am? Link to comment Share on other sites More sharing options...
HIPPYVALLEY Posted February 23, 2021 Share Posted February 23, 2021 @BuffaloWeather Ben (CryptoBoy) does a live stream every weekday that you can watch anytime. He knows his shit and is fun to listen too. Today he explained last nights drop in detail. Use him to get insight into Cryptos that might be worth researching further as a possible investment. https://www.youtube.com/watch?v=GQKAuQkcwpA 1 Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted February 23, 2021 Share Posted February 23, 2021 Powell in his testimony Did NOT directly address the current elephant in the room regarding recent stock market Instability . I.E rising bond yields on 10 year He did not say anything to the effect of we will watch that That it doesn’t run too much Bc that will hamper recovery efforts in so much as the rising 10 year is tied to borrowing rates for businesses and consumers . He is a very intelligent guy so that tells me he is willing to let more “Froth” come out of the market . I.E further stock falls Until he addresses directly capping 10 year yields which could be as quick as a random sound bite I would treat any bounce as temporary He didn’t even talk the 10 year yield down during his testimony, this levered market can get away from the fed fast and he would then step in , this is a not a system on firm footing . That being said if he comments they will use tools to keep 10 year yield accommodative ...we make new all time highs within a few days Edit. There is not a ton of middle ground in the market...the one thing he did take off the table was tapering ...which to anyone w a idea of what is supporting this market ..is just saying i won't shoot the patient in the head. If the 10 year can fall below 1.30 we can see a rip higher in stocks...Powell didn't say what he could have to do this ..so it's sort of annoying and a wait and see Link to comment Share on other sites More sharing options...
dendrite Posted February 23, 2021 Author Share Posted February 23, 2021 This talk must get the milfs so hot. It may even knock them back out of menopause. 3 Link to comment Share on other sites More sharing options...
CoastalWx Posted February 23, 2021 Share Posted February 23, 2021 5 minutes ago, dendrite said: This talk must get the milfs so hot. It may even knock them back out of menopause. Hopefully he doesn’t “short sell” their expectations? 4 Link to comment Share on other sites More sharing options...
Hoth Posted February 23, 2021 Share Posted February 23, 2021 11 minutes ago, CoastalWx said: Hopefully he doesn’t “short sell” their expectations? Perhaps he uses a "short straddle" with them? I hear some of the older ladies like that. 1 Link to comment Share on other sites More sharing options...
metagraphica Posted February 23, 2021 Share Posted February 23, 2021 Huh....thought today was supposed to be rain showers. Precip just arrived and it's light snow. This is despite being up to 44 earlier. Now down to 40. 1 Link to comment Share on other sites More sharing options...
HIPPYVALLEY Posted February 23, 2021 Share Posted February 23, 2021 19 minutes ago, metagraphica said: Huh....thought today was supposed to be rain showers. Precip just arrived and it's light snow. This is despite being up to 44 earlier. Now down to 40. Some sprinkles here. Link to comment Share on other sites More sharing options...
NorEastermass128 Posted February 23, 2021 Share Posted February 23, 2021 43 minutes ago, dendrite said: This talk must get the milfs so hot. It may even knock them back out of menopause. Talk of rising bond yields gets them all hot and heavy. Link to comment Share on other sites More sharing options...
CoastalWx Posted February 23, 2021 Share Posted February 23, 2021 Just now, NorEastermass128 said: Talk of rising bond yields gets them all hot and heavy. Wonder if he prefers a "bear" market? 5 Link to comment Share on other sites More sharing options...
HoarfrostHubb Posted February 23, 2021 Share Posted February 23, 2021 Light snow in Westminster, Gardner, and Hubbardston. 36F Link to comment Share on other sites More sharing options...
Baroclinic Zone Posted February 23, 2021 Share Posted February 23, 2021 Shot #1 in the books. Great job by the company running mass vaccinations at Gillette. No waiting, and was out of there in 30 minutes. 4 Link to comment Share on other sites More sharing options...
WhiteLawns Posted February 24, 2021 Share Posted February 24, 2021 Is there anything that would have caused a lightning strike around 7:30 far to the south of torrington ct? Maybe just a transformer but it was super bright! Link to comment Share on other sites More sharing options...
NorEastermass128 Posted February 24, 2021 Share Posted February 24, 2021 Just now, WhiteLawns said: Is there anything that would have caused a lightning strike around 7:30 far to the south of torrington ct? Maybe just a transformer but it was super bright! Aliens? Link to comment Share on other sites More sharing options...
WhiteLawns Posted February 24, 2021 Share Posted February 24, 2021 6 minutes ago, NorEastermass128 said: Aliens? Lol, maybe. Link to comment Share on other sites More sharing options...
HIPPYVALLEY Posted February 24, 2021 Share Posted February 24, 2021 1 minute ago, NorEastermass128 said: Aliens? Most likely. Flash was to erase people’s memories of their contact experience. 1 Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted February 24, 2021 Share Posted February 24, 2021 https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx&mod=home-page Futures from green to red on ...rising 10 year Link to comment Share on other sites More sharing options...
Baroclinic Zone Posted February 24, 2021 Share Posted February 24, 2021 My FIL just lost his battle with cancer. 11 Link to comment Share on other sites More sharing options...
CoastalWx Posted February 24, 2021 Share Posted February 24, 2021 34 minutes ago, Baroclinic Zone said: My FIL just lost his battle with cancer. Ugh, I'm sorry to hear man. Cancer all out sucks. 3 Link to comment Share on other sites More sharing options...
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