Tech Thread

[G-Dub]

#TrumpDump

 

[MindzEye]

Market has been looking for an excuse to correct. Warren Buffet has kindly pointed out how historically expensive products currently are.

And all we needed was an orange man taking a sledge hammer to the economy to kickstart this!

Yeah, a correction was necessary. But with Trump in the process of fist fucking the underlying economics of the country, what's the floor of a correction now?

 

[Preston]

I mean spy is already at July 2024 levels. Can we wipe out the rest of 2024? That would be pretty catastrophic. Long way to go for that.

 

[CH1]

Market has been looking for an excuse to correct. Warren Buffet has kindly pointed out how historically expensive products currently are.

And all we needed was an orange man taking a sledge hammer to the economy to kickstart this!

Some of these moves have been spectacular— 6 weeks ago investors were gaga over NFLX earnings

 

[Preston]

QQQ, which is obviously overweight the bloated tech junk is at May/June levels.

 

[zeke]

I mean spy is already at July 2024 levels. Can we wipe out the rest of 2024? That would be pretty catastrophic. Long way to go for that.

it's been going down steadily for a while now but i'm not sure we've seen actual "panic" setting in.

but it might.

 

[Preston]

Rsp was the play. I should have listened to my guy on that

 

[CH1]

View: https://x.com/pkedrosky/status/1899173159112175688?s=46&t=ZFoeJpONFeL00lgZvCrr2Q

 

[MindzEye]

Monthly:
Nvidia -21%
Facebook -17.6
Amazon -18%
Tesla -37%

 

[Preston]

This is amazing. I'm so fucking giddy

 

[MindzEye]

This is amazing. I'm so fucking giddy

Burn the oligarchs.

 

[MindzEye]

 

[Preston]

View attachment 25002

Look at qqq if you want to really go full randy marsh

 

[MindzEye]

oh, the panic selling into the end of the session is picking up.

 

[CH1]

I’m never giddy….. because I sold my puts too soon.

I nibbled on SPOTify for a rental

 

[MindzEye]

Remember kids:

 

[zeke]

Fox News is hilarious right now.


"Markets don't really effect most people. Trump is a winner, this will all work out. Elon Musk interview at the top of the hour!"



if this was Biden in charge .....

 

[G-Dub]

 

[zeke]

View: https://x.com/jasonfurman/status/1899171855967117505

 

[zeke]

guy that was just on fox news:



View: https://x.com/joshtpm/status/1899179966295904553



comments are having none of it.