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my port is a sh\*t show
TLT dropped almost 1% overnight. T bills going in the dumpster on the day the fed is supposed to be buying them. I don’t think they are gonna struggle to find sellers. The bond market tantrum might put a wet blanket on gains today.
Oh, I'm surprised they ever let you do that in the first place. Using a credit card to buy cash is a cash advance, subject to different rules and interest rates. Which makes sense. If you could use a credit card to buy cash you could just run up 40,000 in real cash and then hide it when the bill comes. Fidelity lists that in their T&S as well. > Certain transactions are not eligible for Reward Points, including Advances (as defined in the Agreement, including wire transfers, travelers checks, money orders, foreign cash transactions, betting transactions, lottery tickets and ATM disbursements), Annual Fee, convenience checks, balance transfers, unauthorized or fraudulent charges, overdraft advances, interest charges, fees, credit insurance charges, transactions to fund certain prepaid card products, U.S. Mint purchases, or transactions to purchase cash convertible items But if it's 3% on all *transactions* I'll definitely make the jump for another 1 percent. I thought you meant they change it to like "5% on fuel and groceries and 1% on everything else up to 2,000.00" which is the kind of shit discover used to pull before I dumped them. Fidelity gives me 2 percent back no matter what.
Definitely. And prices trend down for ages. But there still seem to be up- and downcycles and we are in a deep down as I see it. And while people opt for the cheaper, when it comes to the big events they still go for big diamonds and natural ones. About 70-80 % of the revenuw stems from such sales apparently. If we´re assuming there is a k-shaped economy in the US, natural diamonds will have their place. And recently someone mentioned that the market trends for natural and lab diamonds seem to diverge similarly as they once did for colored gemstones, which have been reproduced way before it was even possible with diamonds. I won´t bet on it, but that guy was an experienced gem enthusiast so I trust, that it´s at least a possibility. And yes ... I also own ruby and emerald mines (well, a couple of shares). ;) It´s a bet on cycles still existing and the believe, that if you buy a distressed asset at the bottom and allow it to recover you take more risk, but you earn a higher reward. I mean, a market cap of 5 million for a company with an enterprise value of 100 million. It´s just to good to not dump a small position on. So yeah. Your point is head on. I just refuse to believe natural diamonds will do right now when I invest what they were supposed to do for decades.
It’s a great time to flee to safety t-bills! Thank you for your attention to this matter!
Gyna gonna save NVDA can you believe this sh!t ? Fcking retail waiting for CCP green light
It´s possible. But generally speaking it should gain as much extra as it loses due to inflation. It´s gains may look bigger, but the value loss will affect the already existing price just as much as the growth. And it´s not like US companies would suddenly produce 20 % more just because they need to make up for the declining dollar. For us retailers it won´t be easy to track, but the big guys probably know very well how to play this with their global resources. And obviously I may be completely wrong.
If you have to pay in advance - for example buying stock before it moves - the love is always fake. Doesn´t mean it can´t feel good.
Point is the Dax does not have to beat the S&P. It just has to perform better than the S&P minus depreciation and inflation deficit of the Dollar in comparison to the Euro in order to be the better play from a US perspective. In my opinion that is the only reason it was this strong in the first place. The german economy sure didn´t warrant a record run.
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