Still think TITNC3: Return of the Iceberg was peak

That sounds like it worked out as well!

 

I guess advertising the shit out of their vaxxx didn't boost revenues..
$PFE relegated back to their see-saw status...

 

Midterms are coming, the approach will change soon. I mean the stock price will continue to go down for a bit

 

Yeah...college students being tested at the mid point of their academic term...

 

DO I learn from history and sell a covered call for friday right here?
Of course not...

 

Wow and right on cue...check the time stamp...would have been perfectly timed...
What I should do is buy the $115 PUT right now...

 

Some of the stuff over on r/Superstonk is very tinfoil hat, but this is thorough and somewhat nauseating:

https://old.reddit.com/r/Superstonk/comments/snowhw/the_fed_and_108t/

The discussion is pretty good too. One of the more salient comments:

The upshot is that the Fed was performing QE with acceptance of risky collateral like commercial paper, muni bonds, etc. meaning they may well be the Bagholder of Last Resort on a lot of that.

I don't see how they can raise rates to more than 1or 2% tops without absolutely stalling the economy or plunging things into a recession. And as long as the FFR is below the inflation rate there is NO incentive to stop exchanging dollars for literally any positive real return hard asset.

The next decade is gonna be interesting.

 

Played it from avg .84 to sell at .87

 

It's almost like there's a limit on giving away free money...

 

I read through that one this morning, and agree. Interesting and quite concerning

 

So today is they day they pick to attack oil...
Oddly because if Nordstream 2 is tapered/halted it increases the value of non-russian Natural gas ventures and increases the overall price/demand for such..
If you want to see what shooting yourself in the energy foot looks like while taking a near lethal dose of Coumadin...Check out Germany's energy sector...Shut down all the nuclear, and coal and switch to renewables..without allowing for a transition that fills the needs in the interim...They are essentially fucked...
However, the faster the collapse the better it serves as a model of energy policy failure. Shifting to renewables too quickly decimates an economy...
This is a great article here that basically predicted what is happening now, exacerbated by their Nord Stream 2 issue.
https://www.aicgs.org/2021/09/germany-has-a-math-problem-and-its-about-to-get-worse/

 

The currency data alone...$100 bills printed...astonishing.
$1=$0.40
Should be a t-shirt

 

I know some of those words.
The ones I know paint a scary picture.

 

And that's another thing people rarely consider about the official inflation numbers. They aren't weighted, but the goods and services purchased in your life *are*.

As an example, in the CPI a 20% decrease in cost of TVs would offset a 20% increase in the cost of medical care. Mathematically, it's a wash. In practical reality, most people will forgo purchasing a new TV long before they will forgo critical surgery for their child, and thus the perception of these price changes is not neutral.

Consider:


This is why the world feels drastically more expensive than 20 years ago, despite sub-2% inflation for most of that period. The areas that have seen high inflation (education, housing, health care) tend to be of higher importance to most people than, say, wool socks or chinese-made plastic lawn chairs.

It's nice that TVs have gotten better and cheaper at the same time. But that will not put my kid through college.

 

I bought a TV so I could watch youtube vids in high def so I could teach myself to do surgery on my children



Inflation is up around 30% on some things right now. I buy a lot of the same stuff week to week at the grocery store, and while I don't keep precise track of it, some of the "luxury" foods we get are ridiculously expensive now. Not to mention the price of meat

 

Remember when a Totinos personal pizza was .99? I remember.

 

I remember when the $6 burger from carl's Jr. was $6

 

I buy that fancy organic free range chicken cause the store brand/Tyson tastes like chicken mixed with sawdust most of the time, and I think it's around $8/lb right now

 

Id also like to see the 'housing' line on that graph for 2019+. Because real estate all over the country has done some wild shit in the past 3 years. Going by local comps my home has appreciated *50%* since I bought in 2018. Going rate here was 90-110 a square foot depending on whatever when we purchased. The current range is 150 to 175 a square foot, and we have a large lot, premium finishes, and no major work needed. I know we're on the upper end of that.

Ill bet that line hockeysticks up like a motherfucker right after the graph I posted ends.