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Hey Nerds: Blockchain

took a 5c loss on my SQ

no need to ruin a great day with Marner playoff poopiness

done for the day....still holding some ABNB calls for next week
 
Preston said:
It does my friend. It does. History don't lie.

Also to back on an earlier debate... The president has very little to do with any of it!
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I would agree generally but Trump policies (no taxes, no regulations, jawboning JPOW) helped the markets quite a bit

also, the sensible bearishness that he attracted from the zekes of the world ironically installed a permanent wall of worry that the bulls could constantly climb
 
CH1 said:
I would agree generally but Trump policies (no taxes, no regulations, jawboning JPOW) helped the markets quite a bit

also, the sensible bearishness that he attracted from the zekes of the world ironically installed a permanent wall of worry that the bulls could constantly climb
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He helped create volatility too! He was a traders dream. But policy-driven moves from the market are usually short-term. Though yes, Trump was unique and clearly put most of his energy into the markets. And yeah, shorts were all over it because of the zekes of the world. Didn't work very well.
 
Preston said:
He helped create volatility too! He was a traders dream. But policy-driven moves from the market are usually short-term. Though yes, Trump was unique and clearly put most of his energy into the markets.
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IT'S ALL HE CARED ABOUT...it's how he kept score on his performance...that plus the crowd size at his rallies
 
Preston said:
He helped create volatility too! He was a traders dream. But policy-driven moves from the market are usually short-term. Though yes, Trump was unique and clearly put most of his energy into the markets. And yeah, shorts were all over it because of the zekes of the world. Didn't work very well.
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Trade talks with China are going well vs TariffMan is back!
 
CH1 said:
Trade talks with China are going well vs TariffMan is back!
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My favorite was during the covid dump he held a presser right before the market close on a Friday and brought like 10 CEO's of corporations to blatantly pump their stocks. We did like 9% that day and I believe it pretty much marked the bottom.

I will never get over the absurdity of that. Americans really needed to hear from those corporations!
 
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Preston said:
My favorite was during the covid dump he held a presser right before the market close on a Friday and brought like 10 CEO's of corporations to blatantly pump their stocks. We did like 9% that day and I believe it pretty much marked the bottom.

I will never get over the absurdity of that. Americans really needed to hear from those corporations!
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For sure, I will never forget that afternoon. I foolishly made no coin on that.

But he was great to me earlier on, in the opposite direction. I went super short ES during an earlier COVID speech where he rambled on about how it was a nothing burger....that was a profitable press conference! That type of volatility will never happen again during a WH presser.
 
CH1 said:
Meanwhile, GRANDPA JOE SUCKS for our pot stocks.
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He made his stance clear about weed long before his presidency so that doesn't surprise me. What DOES surprise me is the lack of appetite that Senate Dems have for any progressive weed policy. If we can't get the dems on board, there's no fucking chance anything interesting outside of SAFE gets done. And that's probably where we end up between now and the midterms. Pretty disappointing.
 
LeafOfFaith said:
What's ES, by the way? I've been meaning to ask but keep forgetting.
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it's the futures contract for SPX....the difference is that it trades 23hrs/day, and is highly liquid...so easy to trade and or establish overnight hedges to your existing positions.
 
Preston said:
He helped create volatility too! He was a traders dream. But policy-driven moves from the market are usually short-term. Though yes, Trump was unique and clearly put most of his energy into the markets. And yeah, shorts were all over it because of the zekes of the world. Didn't work very well.
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That was the whole theory - trump triggered irrationality and that bubble had to burst eventually. But it didn't. And it still hasn't 7 months after he lost an election.

So what is triggering the bubble? And if nothing is triggering it is it really even a bubble?
 
zeke said:
That was the whole theory - trump triggered irrationality and that bubble had to burst eventually. But it didn't. And it still hasn't 7 months after he lost an election.

So what is triggering the bubble? And if nothing is triggering it is it really even a bubble?
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I have not heard this theory. That is an interesting (and really stupid) theory.
 
bubbles pop when everyone loses faith in the idea that they can't get more $ for their overly overpriced shit next week
 
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