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The Lunatic Fringe - Trading talk.

Cigarlover

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Whats the cost for them for an evening. :).

GDP wasn't negative for now so market probably feels like we aren't in a recession.

What does GDP really measure? Is productivity even measured anymore? If gas was 2 dollars and now its 4 dollars GDP is higher and everyone is poorer.
I have a high electric bill. When I paid it today the girl asked if that was higher then normal. I told her it runs between 300 and 420 normally so not really. She said she just split form hubby and is in a 1 bedroom apartment and paid almost 200 for 1 month. I guess price increases are coming. Should continue to add to GDP. On a positive note gas was down to 4.50 today
 

Lancers32

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Whats the cost for them for an evening. :).

GDP wasn't negative for now so market probably feels like we aren't in a recession.

What does GDP really measure? Is productivity even measured anymore? If gas was 2 dollars and now its 4 dollars GDP is higher and everyone is poorer.
I have a high electric bill. When I paid it today the girl asked if that was higher then normal. I told her it runs between 300 and 420 normally so not really. She said she just split form hubby and is in a 1 bedroom apartment and paid almost 200 for 1 month. I guess price increases are coming. Should continue to add to GDP. On a positive note gas was down to 4.50 today
A little bit of inflation goes a long way.
 

Lancers32

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Daddy can't fix it.


FWcvThFVsAApd5P.jpg
 

Lancers32

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FUBAR
 

Lancers32

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100% cash.
 

Lancers32

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FWdkvGCUcAA3uG3.jpg
 

Lancers32

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Jodster

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I'm calling the bottom in GDXU. My stops are about to trigger, and with my luck, it will be to da moon after I sell off.
gdxu.png
 

dpong

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On this monthly chart, Gold is currently outperforming the S&P 500. So, that is something, right?

GOLD_SPX_2022-06-30_10-20-44.png
 

dpong

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Voodoo

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Really looks like silver is hunting for a $19 handle and retest of that breakout. God, I gave up on that a long time ago as I was looking for it years ago.
 

Uglytruth

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Uglytruth

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Is that way your tag line is always wrong? :laughing: :winks2:
 

Voodoo

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dpong

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It stopped out. I now no longer hold that stock. Watch and see what happens :p
Congratulations on respecting your stops!

[That's very important!]
 

dpong

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June is over. S&P 500 is -8.39% for June.

SPX_2022-06-30_16-11-15.png
 

dpong

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jelly

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picking up some long-dated GDX call options here. Who knows how the next couple months play out, so It will pay to have time on your hands.
 

Lancers32

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New York closed Monday.
 

Lancers32

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Biden says Americans need to stomach high oil prices for as long as it takes. So in other words I'm going after Bad Man Putin even if it kills you.
 

Lancers32

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picking up some long-dated GDX call options here. Who knows how the next couple months play out, so It will pay to have time on your hands.
Even the most ardent bulls have given up hope and are starting to look much lower.
 

Lancers32

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Shares are up.
 

dpong

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The EVERYTHING bubble has sprung a leak.