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#3061 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-710000
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At what price do you buy US Steel? $8 or $9
Damn it's down a lot $11.60
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ ![]() "The men who drafted Patrick Mahomes" ![]() |
Posts: 54,914
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Hog's Gone Fishin |
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#3062 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $-452449
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Don't ever mention Entravision or Thor RVs to me in a conversation, please. Those two stocks have been killing me for a year now and I keep thinking they have to rebound.
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Active fan of the greatest team in NFL history. |
Posts: 145,245
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Hog's Gone Fishin |
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#3063 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $-452449
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Thor is in an IRA, but Entravision is on shaky ground with me right now. I might have to do that.
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Active fan of the greatest team in NFL history. |
Posts: 145,245
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#3064 | |
I'll be back.
Join Date: Nov 2002
Casino cash: $1030478
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i am so ****ed!!!
https://www.barrons.com/articles/chi...of2&yptr=yahoo Quote:
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Chiefs game films |
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Posts: 296,716
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#3065 |
I don’t care for Auburn
Join Date: Aug 2014
Location: Sweet Home Alabama
Casino cash: $1790190
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Jesus Christ, the market is ass today.
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Posts: 7,825
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#3066 |
MVP
Join Date: Aug 2000
Location: Lee's Summit
Casino cash: $4711637
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Anyone been looking at ROKU? I know it's high rn but I've been thinking of dumping a boatload of money in it for short gains within my Roth.
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Posts: 8,290
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#3067 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $-875873
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Er mer gerd!!!!
I could have told you a week ago we were heading for a down swing. Let me help paint a picture for you as understanding why the market is really down makes it better to sit through and take advantage of: 1. Hong Kong is bad. Really, really bad. 2. It's August. Summer trading is volatile and sucks! 3. It's August. Traders coming back from vacation add to the volatility 4. It's August. Traders will run shit down to get shit cheap going into the 4th Q. 5. Trade tensions are overblown but playing a part 6. Global rates are coming down because the rest of the world half-ass embraces capitalism 7. People are emotional and scared creatures that suck ass and can't see past the nose of their face Now let me help make that all better: 1. It's only August and that's a volatile time in general 2. Rates are going down which will force people into the stock market to find yield. Much the same as during the Obama era 3. Fed is going to cut rates some more making #2 even more powerful 4. The trade tensions will be dealt with. China will come to the table or watch their economy tank 5. Europe is going to have to eventually shit or get off the pot regarding China and their economies 6. Earnings are and will remain strong 7. Consumer spending is strong 8. Jobs are still in good shape 9. Housing market is in good shape Last edited by petegz28; 08-12-2019 at 01:06 PM.. |
Posts: 132,259
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#3068 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $-875873
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Posts: 132,259
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#3069 | |
MVP
Join Date: Jan 2007
Location: Missouri
Casino cash: $-1717750
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Quote:
The Tyson plant burning/shutdown news hit the market today as well. Fun times all around. |
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Posts: 9,010
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Hog's Gone Fishin |
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#3070 |
In Search of a Life
Join Date: Aug 2012
Location: Correcting papers
Casino cash: $-580000
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Please explain to me what it meant when China devalued their currency.
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![]() #investigatecarlcheffers |
Posts: 40,867
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Hog's Gone Fishin |
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#3071 |
He's Mahomie!
Join Date: Aug 2001
Location: Jax, FL
Casino cash: $10023443
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Good time to repost this...
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99.9% |
Posts: 17,387
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#3072 |
MVP
Join Date: Jan 2007
Location: Missouri
Casino cash: $-1717750
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This one was a beef plant. Somewhere around ~6000hd/day capacity and generally ran around 5k/day I believe. Probably a couple thousand employees, which sucks, but if the market doesn't shrug it off it'll probably serve a good ****ing to me in the short term.
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Posts: 9,010
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#3073 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1358100
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Posts: 46,300
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#3074 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-1653101
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To take that a bit further, China is weird because they don't have a free economy, so they can literally determine what the currency's value is. They do it because it makes pretty much everything they export cheaper to outsiders.
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Posts: 53,117
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#3075 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $-875873
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Quote:
If China would just agree to quit stealing our IP things would probably go back to the way they were for the most part. |
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Posts: 132,259
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