Jump to content
View in the app

A better way to browse. Learn more.

Surly Horns

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.
Football ... Basketball ... Baseball ... Other Sports ... Futbol ... 🤫995🤫 ... Gambling ... Movies & TV ... Music ... Hobbies ... Lulz ... Food & Travel ... Daily Texan ... Business & Markets ... Cloak Room ... Help ... For Sale ... Board Discussion ... Advertise... Tailgate Donations

Featured Replies

31 minutes ago, BehoId, The Underminer! said:

I'm at -87% with UPST in 9 months.  pretty pretty good.

STONKS!

  • Replies 18.1k
  • Views 1.4m
  • Created
  • Last Reply

Top Posters In This Topic

Most Popular Posts

  • That's why I'm out. There is no end game, IMO. This has to be fixed outside of the market and I got too nervous about what that entails for retail investors. They will always be last on the list, if o

  • Rusty Shackelford
    Rusty Shackelford

  • I'm not a financial advisor. This is not financial advise. I don't work in finance. I do not have a degree in finance. Actually, I have a BA and I'm bad at math past Cal I. I won't apologize for the l

Posted Images

2 hours ago, FirstTimeCaller said:

This is some BS -- even if it's trying to pain a positive outlook with the "more than ample" prospective returns.

It makes it sound like 2009-2021 were just a walk in the park for investors, no one had any worries, and things were chill. If you bought and held during that time, you did very well. But it wasn't always easy. But it was also a time that saw a big 2018 drawdown, a practically overnight 35% drop with Covid, lots of fear and uncertainty following the 2008/09 crash, and a bull market that seemingly nobody really trusted.

Was it a great time to invest? Absolutely. But to make it sound like it was paradise where everything was perfect and no one had worries is silly.

From 2009 - 2021 the Fed pumped up the equity bubble. Anyone who “followed the Fed” and brrrt during that time had an easy time. Contrarians were crushed over and over again.
 

Those days are over, until the Fed restores the Greenspan Put (which will happen, because the Fed will not allow international capital to to suffer). Same as it ever was, until it’s not. 

the following are 5 year charts for airline stocks , pics taken this afternoon 12/19/22.

Are airline stocks perma-dead? 5 damn years and each is in a steady decline. Gas prices coming down, people are traveling strong, but the airline stocks can't catch a break. What the heck is going on? Is this the bottom these days as the graphs imply or still more downside? 

American

aal.JPG.46a5a36e2727c1138e4952f13c8abb82.JPG

United

ual.JPG.a0e85846235963a5b429f3c202fd6104.JPG

Delta

dal.JPG.9a692574f1477f02c731563cf91b563c.JPG

Southwest

luv.JPG.fbc85062f55d6d5bc34f820266227667.JPG

Alaska

alk.JPG.5dc2f34df8b91e805f4e855c7bda8328.JPG

Spirit

save.JPG.3ee822e30c65b7942396d98bf3206402.JPG

 

 

Wall Street hates growing airlines, and they're all growing like gangbusters. If they had their way half of every fleet would be parked and a proportionate amount of employees furloughed. That would justify doubling ticket prices overnight. That's the way most morons ran this industry for decades. Shrink to profitability, yet it never worked.

This bear market is getting old. Just a grind lower instead of a washout and bounce back.

I'm still not pessimistic on the economy, but feel like I must be looking at something wrong because everyone else is. Stock market? I'm neutral. I think with a 4-5% risk free rate, there is a lot of money that would be going into investments that is happy to sit in Treasuries/CDs.

38 minutes ago, FirstTimeCaller said:

I think with a 4-5% risk free rate, there is a lot of money that would be going into investments that is happy to sit in Treasuries/CDs.

RIP TINA

The crazy thing is I just bought a cd ladder for 12 months with minimal spread.  Just about every maturity at 4.6.  That is bizarre, and making me even more curious about where the market goes.

S&P down 2% on the day on...?

Santa got run over by a reindeer

S&P down 2% on the day on...?

Last quarter GDP growth adjusted upwards, so of course we shit the bed

Tesla -10% ouch. Feels like lots of margins being called. 

11 minutes ago, 52-80 said:

Tesla -10% ouch. Feels like lots of margins being called. 

Big tax right offs. Huge.

23 minutes ago, Cheeseweasel said:

Big tax right offs. Huge.

Right offs?  Hehe that’s good.

1 hour ago, FirstTimeCaller said:

S&P down 2% on the day on...?

S&P down 2.75% on the day on...?

Down 7% from the peaks of just over a week ago... on a thin trading week.

We’re getting fucked, and not in the good way.

Of course I dump money into the market just ahead of it taking a steaming shit on my chest.  Thanks for playing.

We’re crashing down to levels we haven’t seen since…Tuesday. Calm your tits.

4 hours ago, FirstTimeCaller said:

This bear market is getting old. Just a grind lower instead of a washout and bounce back.

I'm still not pessimistic on the economy, but feel like I must be looking at something wrong because everyone else is. Stock market? I'm neutral. I think with a 4-5% risk free rate, there is a lot of money that would be going into investments that is happy to sit in Treasuries/CDs.

No shit dude. And unless the fed breaks something in the bond market, rates are going up again and again in ‘23 … 

best case scenario: the fed’s plan works! They raise interest rates 2-3 more times then hold them there until enough people lose their jobs that prices steady and YOY inflation gets to 2% 

that’s best case! Does it sound like we’re anywhere near the end of that bear market? 
 

love that unelected dipshits get to inflate our currency then create a recession to fix their fuck up

38 minutes ago, Henry Hill said:

We’re crashing down to levels we haven’t seen since…Tuesday. Calm your tits.

Remain Calm All Is Well GIF

1 hour ago, Hefeweizen said:

 

Of course I dump money into the market just ahead of it taking a steaming shit on my chest.  Thanks for playing.

Hefeweizen is German, isn't it?

Stonks will keep plunging until morale improves

33 minutes ago, 52-80 said:

Stonks will keep plunging until morale improves

Wrong thread

 

correct sentiment 

7 hours ago, 52-80 said:

Stonks will keep plunging until morale improves

What about bonks…. I mean bonds.  

4 hours ago, Trey3216 said:

What about bonks…. I mean bonds.  

HYG has been holding out surprisingly well

58 minutes ago, 52-80 said:

HYG has been holding out surprisingly well

Seems to have leveled out decently.  Been putting money back into high yield separately managed accounts 

17 hours ago, B00M said:

love that unelected dipshits get to inflate our currency then create a recession to fix their fuck up

It took far more than the actions of just this current fed to put us into this tailspin. We're in the comedown from a 10 year bender

Last trading day of the year.  Are we allowed to drink on the job?

5 hours ago, Parliament said:

Last trading day of the year.  Are we allowed to drink on the job?

I am.  

Worst year since 2008 for the market.  Weird times.  I invested heavily from august onwards thinking next year after the first quarter should start to improve.  
 

I am less sure of the next 12 months than I’ve been in a long time.

27 minutes ago, Hefeweizen said:

Worst year since 2008 for the market.  Weird times.  I invested heavily from august onwards thinking next year after the first quarter should start to improve.  
 

I am less sure of the next 12 months than I’ve been in a long time.

-19.4% on the S&P. Not bad for the worst in 14 years?

I don't know why, but I feel like I am in bizarro world with economy/investments. I know everyone is bearish and thinks we're going into a recession. We may. But they also said that six months ago. And the entire thing is man-made. I was much more fearful in 2008/09, points during the bull market where things seemed like they would turn over, and then the Covid fall. Everyone keeps saying how bad everything is, and I just don't feel that way.

I almost see this is a repositioning in the markets now that rates are much higher than an economic calamity*

*Does not apply if you are heavily invested in speculative tech stocks.

Edited by FirstTimeCaller

38 minutes ago, Hefeweizen said:

Worst year since 2008 for the market.  Weird times.  I invested heavily from august onwards thinking next year after the first quarter should start to improve.  
 

I am less sure of the next 12 months than I’ve been in a long time.

 

Don't have to plan for harvesting losses for tax purposes if you don't have any gains. 

Roll Safe, the Guy-Tapping-Head Meme, Explained

3 hours ago, FirstTimeCaller said:

-19.4% on the S&P. Not bad for the worst in 14 years?

I don't know why, but I feel like I am in bizarro world with economy/investments. I know everyone is bearish and thinks we're going into a recession. We may. But they also said that six months ago. And the entire thing is man-made. I was much more fearful in 2008/09, points during the bull market where things seemed like they would turn over, and then the Covid fall. Everyone keeps saying how bad everything is, and I just don't feel that way.

I almost see this is a repositioning in the markets now that rates are much higher than an economic calamity*

*Does not apply if you are heavily invested in speculative tech stocks.

I take solace in the fact that in recessions past the market puts in the bottom right about the time the recession is made official.  If we're going into an official recession it's going to be pretty soon.  If not, then to the fucking moon baby.

I'm using the past six months and next few months to buy boring ass proven tech stocks like MSFT, AAPL, AMZN.  Hell, even shitco INTC is starting to look half ass decent at current valuations.  Same strategery worked fine buying boring ass proven energy companies like XOM, CVX, SLB, etc back in 2020.

Meant to say the market puts in the bottom before the recession is officially announced.  Recessions announcements are usually, "Hey, we went into a recession six months ago.  Sorry for the delayed announcement".  By the time it's announced we're already coming out of it.  

I don't think we'll see any rocket ships to the moon in any markets until the Fed stops raising rates.

1 hour ago, bernorange said:

I don't think we'll see any rocket ships to the moon in any markets until the Fed stops raising rates.

Debbie_Downer.PNG

Good fucking bye 2022, hope 2023 doesn't fuck us again

Looking forward to Q2… as for Q1

giphy.gif
On 12/31/2022 at 3:47 PM, bernorange said:

I don't think we'll see any rocket ships to the moon in any markets until the Fed stops raising rates.

Markets bull or bear, long-volatility funds continue to sink to the depths of the marianas trench

BE811FAE-BC1C-48A5-B4C8-055355311AB3.png

9 hours ago, BehoId, The Underminer! said:

I figure 20 years of retirement, so I just bought 20 images of bored apes.  Sell one per year, retirement funded.  

Shark Tank Writing GIF

Dueling reports this morning leading to a quick reversal from gains to losses.

ISM Manufacturing Prices Index continued to crater, down to lowest level since mid-2020.

However, JOLTS reports for November showed job openings remaining steady at 10.5M (was expected to drop to 10.0). 

Fed cares more about that 2nd one.

 

Edited by Storm the Field

On 12/30/2022 at 7:46 PM, Fudge Nuggets said:

I'm using the past six months and next few months to buy boring ass proven tech stocks like MSFT, AAPL, AMZN.  Hell, even shitco INTC is starting to look half ass decent at current valuations.  Same strategery worked fine buying boring ass proven energy companies like XOM, CVX, SLB, etc back in 2020.

Dollar cost avg probably allowing yah to pick up more MSFT and AAPL in early 2023...

Solid jobs report today. Good amount of jobs added but wage inflation moderated. 

U3 is down to 3.5%. Lowest since 1969. 

U6 is down to 6.5%. Lowest reading since the stat was created. 

Doooooomed!

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...
Football ... Basketball ... Baseball ... Other Sports ... Futbol ... 🤫995🤫 ... Gambling ... Movies & TV ... Music ... Hobbies ... Lulz ... Food & Travel ... Daily Texan ... Business & Markets ... Cloak Room ... Help ... For Sale ... Board Discussion ... Advertise... Tailgate Donations

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.