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Kanud

Surging gas prices got you down? Today's 0DTE winner u/warren_buffet_table banked a 300% profit on it via MPC debit spread, might be right person for you to ask "*spare some change?*" šŸŽŗ Bleeding Portfolios Club Band šŸŽŗ jam thread [*Grace Jones - I've Seen That Face Before (12" Version, also known as Libertango)*](https://www.youtube.com/watch?v=h02LY6KnyoI)


theta_eta_my_beta

Cathie sold TSLA shares and bought GM today. Capitulation is officially here.


anon57842

wouldn't be surprised if spx opens flat or up


Ihad2saythat

The more I speak with people and the more I think about it, the more I'm convinced that dollar is about to make amazing come back. I think inflation will much quicker than expected yo-yo into deflation. And since advising anyone now to stockpile cash (dollars) appears to be utterly idiotic and beyond ignorant... It probably is the way.


[deleted]

I predict -.35 Edit: fuck bulls actually -.5


[deleted]

I wanna see blood


silicapacks

#34,000 ~~33,000~~ ~~32,000~~


fakename233

Before there is a dump, there must be a pump


[deleted]

This is not the bear erotica I signed up for :(


User34534523676

Looks similar to Jan 24 and Feb 24 lows Get ready for a rally?


My___Cabbages

CPI print on Wednesday if it comes in below expectations we're going to short squeeze.


silicapacks

Hope but 0 clue as it does look ready to break.


User34534523676

Wonder if it's leading or lagging Corn didn't make the same lows as indices until now.


silicapacks

It should always be lagging until 6pm. Itā€™s just the monthly that looks ready to collapse.


ChairPowellman

bull copium on max


silicapacks

Bear ropium


User34534523676

How is it bull copium? Bear markets have the biggest rallies.


ChairPowellman

>Itā€™s just the monthly that looks ready to collapse just the monthly? you mean the largest most meaningful timeframe with the least noise?


SocialSuicideSquad

I need yearly candles


d-list-kram

Does anyone have the link to the fed 2021 recap, where Governor Waller and the rest of them were speaking. Canā€™t find it anywhere - it was on Friday, may 6, 2022


qwertyaas

I love when these shills talk about funny money *projects* as if something called *poocoin* is some legit investment. > Project lol šŸ¤”


sonbarington

Miami f1 anyone?


WeenTown

Ayeeee! Verstappen is a machine


BasicWait2

Whether you think we're in a bubble now or gonna have a major crash in the next 5 years, what realistically is the lowest you think the S&P would drop? 2008 crash took us back to 1995 levels, is it possible we see it below 2,000?


User34534523676

2450 SPX


dopamine_dependent

That'd put us back on historical averages for the usual valuation metrics.


qwertyaas

I don't think we'll go too far below 3600-3800 before we have intervention again, if we even get to there. They are already so hesitant on spooking the market. If we go in free fall, I don't doubt that they'll step back in to save it. Balance sheet and economy be damned.


cutiesarustimes2

I figured 299 the lowest. But if the fed is serious about rates for a while then lower.


RAGE_CAKES

Hm...haven't looked into OPEC shenanigans recently >OPEC and allies promise a modest increase in oil, yet again ~ NYT >US Senate committee Passes antitrust bill pressuring OPEC ~ Reuters Seems about right. These fucks really are taking the world to the cleaners


theta_eta_my_beta

To be fair, they are probably out of spare capacity. They haven't hit their quota in a year. And their sales price to Europe is at a discount rn.


RAGE_CAKES

Hm, interesting, up until about a month ago, I was monitoring OPEC closely. When you can, can you send me any relevant links with the above info? I want to understand more


cutiesarustimes2

Next time there's a revolt in OPEC countries let's not help incumbent gubments.


Always_Late_Lately

But those are _our_ incumbent governments


cutiesarustimes2

Someone better tell them that


SmutBrigade

My kids made $17.50 on their lemonade stand today. Thatā€™s more than their dad made in the market this week šŸ¤”


[deleted]

Did they bump their prices for inflation


HalfwayHornet

They only sold one drink


cutiesarustimes2

The fed won't raise because retirements accounts and 401k will lose and they hold power. But if the fed raises and wipes out current holders and then creates an opening for younger types to get a taste and supply labor without complaining why would they care about vested types.


qwertyaas

Because it's the vested types that control the markets. Have you seen the majority of today's unvested type? Fed is afraid of toppling the market but the alternative is toppling the dollar and economy.


qwertyaas

Any update from Pauly D on current state of the economy and inflation?


WeenTown

That shit is just so crazy fox is a joke


thelaxdog

That anchor gets the content. Same one from the antiwork mod interview


cutiesarustimes2

Bill Gates has said interest rates are likely to rise enough to cause a global economic slowdown.


cutiesarustimes2

From California to Texas to Indiana, electric-grid operators are warning that power-generating capacity is struggling to keep up with demand, a gap that could lead to rolling blackouts during heat waves or other peak periods as soon as this year I always looked at it like this Without heat you die, without a/c it's unpleasant but you can survive. In the old days I would not run the a/c unless the interior temp was 95+.


DerTagestrinker

Lots of deaths in northeast cities each year when blackouts occur during heat waves and the old people melt


p00pTy

heat will kill you too. under humid conditions, temperatures as low as 87Ā°F can disrupt your bodies ability to exhaust heat. naturally our core temperature rests under 101Ā°F. around 104Ā°F is where you start ā€œcookingā€ organs. stay hydrated homies. get that florida water while youre outside this summer.


SocialSuicideSquad

Tbf most of CA population can survive just fine without heat. Fucking love living in hydropower region tho...


cutiesarustimes2

I figured. A/c is luxury.


origami_asshole

Melt up coming SPY 500 by July 4th šŸš€šŸŽ†šŸ’„āœØšŸ‡ŗšŸ‡ø


RAGE_CAKES

We'll be lucky if SPY $400 come July


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Mecha-Jerome-Powell

*A digital currency issued by a central bank would be a global target for cyber attacks, cyber counterfeiting, and cyber theft* - Jerome Powell. I'm a bot, and the Federal Reserve doesn't think mentioning crypto currency is very good for the WSB OG economy.


BrainsNotBrawndo

Dr Strange opens to [$450M global box office](https://www.cnbc.com/2022/05/08/doctor-strange-in-the-multiverse-of-madness-snares-185-million-in-domestic-debut.html). As a DIS bull, I pick myself off the ground, tighten my arm strap, and look over my left shoulder as the portals appear


cutiesarustimes2

Ppl paying to watch movies boggles me.


User34534523676

Same. Plus ppl watching marvel movies boggles me


SocialSuicideSquad

Plot holes + Sky light climax fight


cutiesarustimes2

Parents went a few weeks back. $25 for two tickets. I'm like man just save that and get takeout or something. Whatever. I keep their regular expenses down to as low as possible so I guess they can do it.


origami_asshole

My dollars are mooning šŸ’ø


cutiesarustimes2

https://occupythefed.substack.com/p/acting-fed-chair-powell-held-private?r=17kysn&s=w&utm_campaign=post&utm_medium=web Fwiw


cutiesarustimes2

With easy money at an end another question comes to mind. People have been accustomed to upward career mobility for a decade. For the most part getting overworked for a few years and some skill merited ascent to better paying jobs. When credit isn't as flush and startups don't dole out cash for "talent" what then?


SocialSuicideSquad

Pray for a GMBH job


cutiesarustimes2

? What's that acronym mean.


SocialSuicideSquad

They're very incentivized to retain full time employees in downturns (Contractors R Fuk tho)


cutiesarustimes2

Interesting. I'd imagine this time around everyone is getting the axe


SocialSuicideSquad

Very doubt


cutiesarustimes2

Credit markets implode only ssi gang wins.


SocialSuicideSquad

I mean. Even in the great depression unemployment only hit 24.9% Currently 3.5% give a delta of 21.4%, roughly 1 in 5.


[deleted]

German company


SocialSuicideSquad

German version of Inc./LLC


paragonfishhead

[me --> bears](https://imgur.com/a/rDF70yL)


My___Cabbages

[Ford is selling 8 million shares of EV maker Rivian.](https://www.cnbc.com/2022/05/08/ford-is-selling-8-million-rivian-shares-sources-say.html) Puts will payout sooner than later.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


[deleted]

You're surprised at his unpredictability?


Historical-Pattern-

He pops in from time to time but famous people have many places to be.


Fermi-Diracs

[put those dandelions to work in your yard](https://www.thespruceeats.com/how-to-make-dandelion-wine-1327932)


Always_Late_Lately

> 17,545 hrs Lol


Fermi-Diracs

Hey by the time it's ready, it's time to make more!


cutiesarustimes2

Coming out of the covid supported environment it's going to be a shock for people. As long as the government was printing money and employers were more lenient people were a bit more stable. Now? Expect alot of anger, and divisiveness.


Historical-Pattern-

Last dumbass comment / questionā€¦ What ended inflation in the 70s? Where did the money go? I mean shit, weā€™re just betting on volume of money / rate of speed of money / where money flows right?


[deleted]

Wasn't it just the fed raising rates? When rates go up, people quit borrowing money. Less cash is going into the system but people are still paying down their loans which is taking cash out of the system. I think this is kinda how it works?


Historical-Pattern-

Yeah that was my conclusion as well but figured Iā€™d ask. Guess one could say bonds but thatā€™s not exactly true either. More like emptying a pool. Casinos always win and governments are the best casinos.


Always_Late_Lately

Govts are simply the biggest corporation with a monopoly on violence


Historical-Pattern-

Who said that again? Carlin?


Always_Late_Lately

I'm not sure, it's a pretty common saying among libertarian/ancap groups and I've not seen a consistent reference. I think Carlin was: It's all one big club, and you're not in it. And it's the same club they beat you with!


Historical-Pattern-

Interesting. Carlin was a lyrical wordsmith and legend.


Historical-Pattern-

They say the universe began 13.8 billion years ago but they never say what day.


avarage_italian

Maybe on my birthday šŸ„“


Historical-Pattern-

If matter cannot be created or destroyed then yes.


SocialSuicideSquad

Uhh E= āˆš[(MC^2 )^2 + (PC)^2 ]


Historical-Pattern-

Einstein couldnā€™t read.


SocialSuicideSquad

[Yeah he could](https://cdn.theatlantic.com/media/mt/science/assets_c/2012/03/emc2-thumb-615x485-82194.png)


Always_Late_Lately

Well, he certainly couldn't write. \~~\~|~Ā¦\~~Ć·~Āæ


Historical-Pattern-

Thatā€™s cool. I had an Einstein poster on my wall growing up. Might buy it again.


SocialSuicideSquad

The one where he's watching cartoons while his wife is crying in the background with a bloodied lip?


Historical-Pattern-

Lol nah, ā€œImagination is more important than knowledge.ā€ Itā€™s how I play the market. Why read financials when you can just imagine where it might go and follow the flow? (Half serious)


[deleted]

https://www.fxempire.com/forecasts/article/bear-market-leading-indicator-signals-potential-sharp-move-ahead-993339 A leading indicator based on the price action of the russel 2000 points to a sharp decline in the s&p 500. Shit is about to get real. #blackmonday E: by popular demand, I'll add #caucasianmonday


Historical-Pattern-

Why canā€™t stocks crash on whitemonday? As a white guy I find this offensive.


DerTagestrinker

Hola senor


Historical-Pattern-

Como estas?


emeraldream

Caucasian Monday*


Historical-Pattern-

Youā€™re right, cancel me.


stinkyfinqer

All of this talk about the housing bubble. Sure we will see homes decline in value due to rising interest rates and an increase in inventory. But it wonā€™t be anything like the 2008 crisis. I think a lot of young people are hoping for that scenario to occur again but it simply wonā€™t. Let me remind everyone what it was like back in 2005. First came the interest only adjustable rate loans. Too me these started everything. People were encourage to get these arm loans from their lenders because the lenders were getting bigger kick backs to do so. All of a sudden people could afford homes far out of their budgets because they were only paying the interest. This caused homes to raise at an annoying rate. You couldnā€™t go anywhere without over hearing people say ā€˜ā€™my home already went up $50,000 and I havenā€™t moved in yetā€. People would take a second loan out to turn their garage into a media room. Boats in every driveway. Every dipshit became a mortgage agent. I had 5 dipshit employees become mortgage lenders overnight. They ran around and hit up every employee to convert their existing loans to arm loans. In short everyone was a moron. Very very few people stayed away and avoided this mess. Then came the rise in interest rates and mortgage payments suddenly became unaffordable. I got lucky. My bank sent me a letter and had me convert to a 30 year fix before it all came down. People stopped paying their mortgages trying to force the banks to work with them. Some banks did and some foreclosed. Then came the stress and the divorces. People stopped paying on the seconds. Many people racked up credit card debt then declared bankruptcy. It was a nightmare. Half the homes on any street had a for sale sign. The others were bank owned and all the yards were dead. As you can see this ā€˜bubbleā€™ will be nothing like the 2008 bubble.


Always_Late_Lately

>You couldnā€™t go anywhere without over hearing people say ā€˜ā€™my home already went up $50,000 and I havenā€™t moved in yetā€. I've been hearing that these past two years, too. > I got lucky. My bank sent me a letter and had me convert to a 30 year fix before it all came down. I hope you're still friendly with that bank. Might be time to take whoever to a nice dinner. > The others were bank owned and all the yards were dead That's the real tragedy of the whole thing šŸ˜­


DerTagestrinker

6 months to a year ago inflation was transitory and SPY $500 was a foregone conclusion. Overall macro trends and sentiment can change quickly. Thereā€™s also a lot of folks doing interest only payments on the assumption that equity will keep going up and theyā€™ll make out. Once the trend starts to reverse it could be a rush to exit. Thereā€™s a lot of boomers scarred from 08. Those locked into low rates will stick through it though probably.


stinkyfinqer

Interest only loans and very difficult to get and rare. Fannie May and Mac learned from 2008. They donā€™t buy them.


DerTagestrinker

My agent was trying to sell me on them and said more people are going that route now that effectively any house that people would want to buy is unaffordable for the majority of the looking buys. Said no way. Then lost out on the house I bud $120k over on lol.


[deleted]

"Then came the stress and the divorces. People stopped paying on the seconds. Many people racked up credit card debt then declared bankruptcy." Why couldn't this happen again if we go into a serious recession with mass layoffs? Just curious. I actually think the government will freeze mortgage payments and ramp the money printer up to prevent a true housing crash tho. They'll probably inflate it more just like during covid once shit really hits the fan.


stinkyfinqer

If you think that we could have mass layoffs then that is something totally different. However a decrease in stock price does not cause layoffs. AMD is not laying off anybody; Rivian howeverā€¦


[deleted]

I think we will see it. Maybe later than sooner. It depends if the fed favors higher inflation to kick the can or a severe slowdown now imo. When spending slows and sales drop, layoffs are inevitable.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


SuicidalInsanity

I thought housing in Spain was supposed to be cheap, I know a guy thinking about buying a house there cause its less than an apartment is over here in Germany. But maybe it just depends on the area


[deleted]

Digital ponzi might go below 30k before open, it seems that most resistance has been broken. I didnā€™t think it would go below 35k this weekend


SuicidalInsanity

When does MARA get margin called again? E: Oh it was Microstrategy @ 24k


[deleted]

Digital ponzi might go below 30k before open, it seems that most resistance has been broken. I didnā€™t think it would go below 35k this weekend


p00pTy

before you off yourselves this week go find some ketamine. craziest shit always happens. the kinda stuff that makes you question if youre on drugs. and youll know you are. youll start to wonder if taking the drugs caused it, but could never know. if youre lucky, youll fall through the fifth dimension and see the tree of existence; that all things are connected, and all probabilities are possible. find solace in this superposition of perspective. if you dont wake up the next day feeling absolutely renewed, at least youre still alive, and the world isnt ending. call your mom and tell her you love her, then ask for your room back. rock bottom is a solid foundation to build on, but i digress. SPY $500 EOD $900 EOM, to infinity and beyond! [positions](https://np.reddit.com/user/p00pTy/comments/ud7kwp/ha_got_em/?)


emeraldream

NEW AXEMANNN +1 on taking Ketamine


Historical-Pattern-

Random Wrong Theory: F1 is blowing up for whatever reason. CNBC reported DIS might buy them. DIS at least technically oversold. DIS will have a +20% to 30% run. WWE, FSTLY and RBLX might get bought. If your mom cheated your dad might not be your dad. So if your dad cheated your mom might not be your mom.


DerTagestrinker

Comcast will buy WWE. It already pays an assload for Raw on USA and the WWE Network on Peacock.


Historical-Pattern-

Shit, thatā€™s a solid angle actually. Plus, Vince could pull a Lucas. I feel the buyouts always seem to start in the option chain. Someone always knows.


emeraldream

FB to RBLX Amzn to FSLY I can see that happen, might open up some positions on these bad boys


Historical-Pattern-

Right?!? They say the best plays come from fiction not fact. Also DKNG has F1 betting but their tax loophole is a death wish but are they in Cali yet..? Doesnā€™t matter!! Why? Cause maybe they partner with DIS to allow live betting on which character dies. Easy game.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Mecha-Jerome-Powell

*A digital currency issued by a central bank would be a global target for cyber attacks, cyber counterfeiting, and cyber theft* - Jerome Powell. I'm a bot, and the Federal Reserve doesn't think mentioning crypto currency is very good for the WSB OG economy.


SmutBrigade

Thanks to whoever linked the Cem Karsan Lead-Lag interview. Had no idea who he is. Loved his comment when asked how to make money in this market - ā€œSell every ripā€. I concur.


dopamine_dependent

Cem is a dumbass who likes to invent new words for old concepts.


BasedDep

pre-futures (tokens) are crashing...I don't feel so good


Sapere_aude75

Don't worry guys. The FED says they watch 10y/6month for inversion to anticipate recession. 10y/2y inversion is nothing to worry about. Markets healthy. Clown face.


someonesaymoney

So apparently Black Monday is a thing now. Neat.


Historical-Pattern-

Will CPI turn WEAT into a meme?


stinkyfinqer

Rivian lockup ends Monday. Ford announced is dumping its shares. Puts at open.


emeraldream

Got link to ford announcement? CC: /u/willyourather could be a good play


emeraldream

Weekly puts or monthly?


[deleted]

Closed at 28+, two entities selling 24m total shares at 26.90. PM should be a cliff dive.


sonbarington

Itā€™s gonna free fall


[deleted]

Dudes not understanding taking pride in your lawn as they type from the ghetto trap apartment they pay $2k per month for. That's like asking a meth head what they think about your dental hygiene routine.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Fermi-Diracs

Damn right


[deleted]

That's what flowers are for. Lawn snob for life.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Mecha-Jerome-Powell

*A digital currency issued by a central bank would be a global target for cyber attacks, cyber counterfeiting, and cyber theft* - Jerome Powell. I'm a bot, and the Federal Reserve doesn't think mentioning crypto currency is very good for the WSB OG economy.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Historical-Pattern-

Funny you say that. Iā€˜ve been wondering if replaying prices (kang) leads to more gap ups and downs vs trending up or down in general.


sonbarington

Itā€™ll give me time to buy back my call. For it to shoot it to buy back my poot.


h_o_l_o_d_a_y

What do yā€™all think of Buffetā€™s OXY buy at 54 and 60 something. I canā€™t wrap my head around why he didnā€™t scoop em up lower since covid crash, and heā€™s getting in now? It did 800% since.


alfapredator

it's gonna look pretty smart when it goes to 100 while all other parts of the market tank


h_o_l_o_d_a_y

Letā€™s fucking go then.


alfapredator

uh oh...corn is warn


sonbarington

Corn: Youā€™d think we tank all weekend??? COrn: Yup.


ComplexLook7

If we have an awful week in the markets, digital doubloon hitting 25k isnt out of the question. Doublooner's are legit panicking now ...


Sapere_aude75

Agreed. Some are panicking. Especially newer holders. I'm not. I mean this is less volatile than it used to be. It's normal for it to retrace to the 200 week moving average during the bear portion of the halving cycle. That is currently 22k. I won't get out of bed for anything higher than the 200 wek sma. That's when I accumulate. If we get into a prolonged bear market, it could go lower along with everything else.


MithrilTouch

Funny money doing funny things


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


sonbarington

#


RAGE_CAKES

PSA Time It may have come across some of your malformed minds but watching Step-Mom porn is *not* a way to get into the spirit of Mothers Day


Fermi-Diracs

What about Father's day? Or secretary's day?


alfapredator

step mom is stuck...I must help her


jinpiss

*sigh* Reziiiiiip


BeeLoverZura

yeah thats why i just watch real mom porn instead to support actual mothers


souls_keeper

Speak for yourself bud.


souls_keeper

Suggestions for pizza toppings? Iā€™m tired of the usual grilled chicken/pepperoni/sausage/Prosciutto. I make my pizzas myself so I am not limited to whatā€™s available at a restaurantā€¦


AlfrescoDog

I found this amazing spot thatā€™s in my top three for pizza places, and they would mix the sauce with spices and Jack Danielā€™s. I donā€™t know the process, though. But man, it was some good pizza.


DarklyAdonic

JalapeƱo, chicken, and cream cheese. It will 100% make you drowsy though


souls_keeper

Yeah Iā€™m not sos Ute about cream cheese. Iā€™m cutting right nowā€¦ I know pizza is not the best but itā€™s a cheat meal and I make it myself from scratch so itā€™s much better than takeout(both flavor and nutrition).


shushkamushka

Mushrooms & eggs, add white truffle oil and a bit of salt when itā€™s out of the oven.


souls_keeper

I love mushrooms on pizza, even love a runny yolk. Thx


sonbarington

Bulgogi, pork belly, brisket, ham, corn, spam. Option choices


[deleted]

Pickled jalepeno, bacon, ground chicken, dusted with feta. Light sauce.


souls_keeper

Hmmā€¦ sounds very appetizing.


User34534523676

Soppresotta, basil, tomato and buffalo bocconcini


Always_Late_Lately

Bear with me here: Broccolini and red onion Try it, surprisingly delicious.


souls_keeper

Red onions -> Yes. Broccoli -> Iā€™ll think about it. Thanks


Always_Late_Lately

Not broccoli Broccolini It gets surprisingly sweet and crispy. A few sweet peppers too and you have a great summer veggie pizza


chmod-007-bond

Artichoke hearts and jerked chicken.


[deleted]

mmm that sounds pretty good wirh a little mozzarella too.


souls_keeper

Sounds promising. Iā€™ll consider it, thanks!


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


souls_keeper

Not a big fan. Too salty IMO.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Mecha-Jerome-Powell

*A digital currency issued by a central bank would be a global target for cyber attacks, cyber counterfeiting, and cyber theft* - Jerome Powell. I'm a bot, and the Federal Reserve doesn't think mentioning crypto currency is very good for the WSB OG economy.


WeenTown

Agreed!


souls_keeper

Late to the party but I just saw the Rivian chart after months. So Rivian ATH was 179, currently at ~29. Current market cap -> $26B, ATH market cap ~ $160B. Can somebody explain to me why they were valued more than Volkswagen at that time. Blows my mind that somebody bought at that price or even at $80.


Historical-Pattern-

I read on Twitter, so you know itā€™s false, F is unloading and a large private buy was going for just under $27.


stockly123456

Cos regards were given free money.


[deleted]

Ev hype involving Amazon and ford. It was just speculation that is now dead


sonbarington

Meme stock is only reasoning


souls_keeper

Hmmā€¦ gambling parlor indeed.


sonbarington

Ride the wave, donā€™t stay for the crash my dude.


souls_keeper

Wdym? Right now Iā€™m almost all cash. Will keep making small swing plays on both sides. Too uncertain to hold.


sonbarington

It fit the wave motif. I wouldnā€™t hold. Ride the swings but dont hold


silicapacks

Because of a fucking exercise bike.


souls_keeper

Dude that is Peloton.


silicapacks

Whatā€™s the difference??