Benzinga had a great article 5 hrs ago.
He tweeted regarding the Dow being ATH- 30 companies- but SnP was not at ATH. Even though it followed, its immediately dipping AH again like it has been- bc 450 of those companies are way underperformed and the rest especially mag7 and AI are overvalued.
SnP is only up about 1% from 2 mos ago and 3% from 3 months ago, which is very slow, and considering the wild swings and dips along the way, its really not doing good.
Edit: well at least we'll get the Santa rally bc I he doesn't get that his poll numbers will crater and he'll lose all midterms.
I would LOVE to hear you explain how being a customer to someone is "cashing in".
Hint, remember what you are even arguing against...
Edit: Buddy blocked me lmao
Genuinely I think you do, maybe? Like why do you want to mislead people so much? I get the sense you're smart enough to understand that they are targeting higher reserves. You're cleverly dodging any rebuttal of the definition or pointing out any inconsistency in anything I'm saying. Just repeating in one form or another that I'm wrong.
Do you want people not to invest? What is your goal exactly? Do you think a crash is coming and trying to protect them?
Edit: Oh shit, looks from your other comments you literally have aspergers? Damn my bad. It all makes sense now?
I’m definitely getting assigned on these 688 and 689 SPY calls. Worth it, so far, with a higher break-even, but I’m hoping it happens and then the AH jump drops back.
Edit: OK thanks, market.
That's my point my dear little tard!
Reserves rose WITHOUT QE. With QE it's going to shoot up.
Edit: Fed's definition of QE.
https://www.stlouisfed.org/publications/regional-economist/july-2012/quantitative-easing-lessons-weve-learned
>What Is QE?
>Traditionally speaking, QE is when a central bank goes from targeting interest rates to targeting the amount of excess reserves held by banks, i.e., the quantity of currency in the banking system. Central banks do this by buying financial assets in exchange for reserves. Conventional monetary policy also requires buying and selling assets, namely short-term debt, to influence the desired interest rate, but the difference with QE is that the level of purchases—and not the interest rate—becomes the target.
DIS - Disney just gave away all their rights and IP to a mass "plagiarism-as-a-service" bot. Hollywood studios should be doing everything they can (and more) to fight against generative AI companies and instead build their own foundation models as they have privileged access to film/animation data that can't be scraped off Youtube or the web. I'm a perma bull, but I get puts when companies make regarded decisions. DIS pumped on the rate cut, so I'm getting puts on this.
Edit: I love using AI and building stuff with it. But man, this is one of the biggest legal thefts of our lifetime.
LOL realized that i just made exactly $420.61 selling regarded put strikes on NVDA and buying back in the past two hours. only $0.08 short of the magic number so fucking close
EDIT: also realized I could have made a LOT more buying 200 shares and closing the app. fuck im regaded