Still think TITNC3: Return of the Iceberg was peak

I'm a simple man. VTI below 190 and SPYD below 42.50 are what I'm hunting.

 

I think VTI has got a real shot at the $170 range. That was the prior top right before COVID. That retrace seems natural and needed honestly. Shit went way to far way to fast. But damn it was fun. lol

 

Maybe, but that would also suggest no value added in the intervening 2 years and would definitely be an overshoot. Anywhere from 3500 to 4200 SPX is very much in the "fair priced" range right now depending on methodology. The ATH arena of 4800 is "expensive, but justifiable with these risk free rates".

I expect things will stabilize somewhere in the first range once stabilization gets around.

 

IDK man. I expect GDP to continue to go down because of supply chain issues. If it does that will technically put us in a recession. We'll know more at the end of July.

 

GME has stores and employees. GTii. No store. 2 employees. They do have empty promises in common though. At least until Cohen changes the world. lol

For the record I also include BBIG in the empty promises bracket. Until TYDE. I really hope the SEC hurries the fuck up and approves that damn S1. lol

 

If it makes you feel better most of my crypto is basically worthless. lol

 

WTH, that's some good stuff.

 

After I read that I went straight to the pantry to make sure I had a back-up bottle. The one in the fridge is 2/3 gone.

 

I'll pick up a couple more next time I hit the grocery store. I added a little bit of water and then used some to mainate chicken breast over night, awhile back and grilled it, added some more after it was cooked, it's was delicious!

 

Did you just refer to Sriracha as lube?

 

Headline inflation 8.6% YOY and 1% MOM. Energy prices = oof.

Now, whatcha gonna do about it, markets?

 

Mmm, lookit them beautiful red futures!

 

Fun story: My job used to do annuals on your birthday, which is in Feb for me. This year, they changed policy to do everyone in September after the close of the fiscal year to, supposedly, increase ease of management since it's easier to plan around.

So, since my last annual review and COLA of 2% in Feb 21, we have had:

May 21 Inflation 5%
May 22 Inflation 8.6%

Meaning a tad over 14% inflation since I last saw any change in my pay.

When we get to annuals in September, I'm going to have some very interesting questions if it's not a 14% or more COLA. I'm also not staying if it's not at least a 14% COLA (I've already started looking around, because it's not going to be).