Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

[homie1975]

So they'd turn into NK. Would we "survive." Depends on how you define that. Hyper-inflation and shortages would wreak havoc.

It'a all unnecessary and based on faulty logic. A trade "deficit" does not mean we are losing. It means we are getting bargain imports. Trump is a schmuck.

And D deserves equal mention for bringing alternate viewpoints and that is what makes the US of A great!!

I agree with the bolded statement. just watch Shark Tank and see the grimaces on Kevin O'Leary's face when one of the presenters is not producing his/her product in China. he makes a stinky face. the fact is that while Roy is right that long term the tariffs are better for the american worker, they are most likely not better for american businesses and the end folks which are us as consumers. i hate to say it but guys like roy and me and many of us here care way way way more about the american worker than our corporate swine do as well as wall street. so if they do not care and are all about profit, we should accept it and be the same way, right? i'm not trying to change an entire financial system - i'm just trying to make a buck for my family

[RoyBacon]

Agreed. Nothing on the face wrong with trade deficits unless you are losing all your jobs to that trading partner. And that trading partner is stealing your IP and manipulating their currency and not allowing the US to compete in 10 restricted categories. And has high tariffs on US goods while we have between low and no tariffs on their goods.

Fair trade would be an absolute boom for the US long term. We know we are not going to get fair trade but I bet we get a lot closer than we are now.

[guitarjosh]

Tariffs are the equivalent of putting an embargo or naval blockade on yourself. The biggest problem with China is their refusal to adhere to WTO regulations they agreed to when they entered, and they're taking our intellectual property.

[d2bets]

Agreed. Nothing on the face wrong with trade deficits unless you are losing all your jobs to that trading partner. And that trading partner is stealing your IP and manipulating their currency and not allowing the US to compete in 10 restricted categories. And has high tariffs on US goods while we have between low and no tariffs on their goods.
Fair trade would be an absolute boom for the US long term. We know we are not going to get fair trade but I bet we get a lot closer than we are now.

There is some work to do be done on the IP side. Mainly rules in place not properly enforced. That should be the focus. Not on the size of the "trade deficit." The idiot-in-chief thinks that means we are losing money. He thinks it's like the budget deficit. He oughtta worry more about that number, but he hasn't at all.

[RoyBacon]

The IP and I didn't even mention the subsidized cheating which Trump is taking care of.

Ya know, remind me, when did Obama demand fair trade?? You guys call him names but he's in there fighting. The last guy did not.

[homie1975]

yes China is absolutely cheating but let's face it, they are an absolute superpower now and the rest of the world plus our prior presidents have been collectively too scared to fukk w them so once again just like so many wars throughout history, we (the USA) have to be the "bad guys" and stand up to injustice. Us standing up to China will help the world as well, but at what price? how long do we take a beating as US consumers before our american works reap rewards? are significantly higher prices worth it to the common man? i don't know. i don't wana pay 25% more annually for my shit

[homie1975]

almost everything up EXCEPT semiconductors. i wonder why. SOXL typically strong on rebounds

[guitarjosh]

Make or break tomorrow at 8:30 ET

[opie1988]

President Trump does it again!!

Still not tired of winning!!!

#MAGA

[RoyBacon]

Make or break tomorrow at 8:30 ET

I think the market is somewhat prepared for fairly aggressive wage growth. We already know the jobs will be off the charts. If by any chance it's weak the market could start very strong and sell off. I think the opposite will be the reality.

[homie1975]

Make or break tomorrow at 8:30 ET

Josh - we have Roy's prediction. Yours? higher wage stalls us out, No?

[guitarjosh]

Josh - we have Roy's prediction. Yours? higher wage stalls us out, No?

If wages are too high, probably.

[homie1975]

President Trump does it again!!

Still not tired of winning!!!

#MAGA

More tariffs by trump just announced and sinking market AH

[RoyBacon]

Yea...bloody open coming.

Market will get used to this eventually.

[homie1975]

It's a fukking minefield between where we are today and the prospect of setting new all time highs. The fundamentals of our core business are so strong but all this macro shit is hacksawing us around it's unbelievable

[homie1975]

Jobs report weak. Eesh

[RoyBacon]

A little surprising. But not a bad report. The big fear of rapidly increasing wages did not materialize. But there was growth.

Manufacturing added 22k jobs. Retail lost ground.

For the stock market this is a great report. For the American worker it's soft.

[homie1975]

Yea Roy the market shouldve dropped much more based on trumps 100B proposal yday and weaker than expected jobs report, so this is actually good news. Something is supporting it.

[homie1975]

Yea Roy the market shouldve dropped much more based on trumps 100B proposal yday and weaker than expected jobs report, so this is actually good news. Something is supporting it.

dumb ass her (me raising hand) spoke to fukken soon. market diving again. i've been to magic mountain the amusement park but never went on a rollercoaster like this in my life. oh wait, i've been married 10Y so yes I have LOL

[RoyBacon]

I think she shakes off this jawboning. A lot of buyers sitting on their hands and letting the dust settle.

I think the buyers come back either late today or next week. That jobs report is proof we are not overheating imo.

[homie1975]

I think she shakes off this jawboning. A lot of buyers sitting on their hands and letting the dust settle.

I think the buyers come back either late today or next week. That jobs report is proof we are not overheating imo.

buyers waiting to time "a bottom" but how low will they let it go? We are now 10% down from the recent All time High on S&P and DOW, and we are 16% down (gulp) from the All time high on the Nasdaq!!

[RoyBacon]

Herd mentality.

The jobs report could be bleeding into questioning quarterly earnings starting next week.

Bonds up a little and a lot of folks head scratching. Is the economy softer than we thought? I think it's strong but a 100k miss on jobs is a little puzzling.

[d2bets]

Herd mentality.

The jobs report could be bleeding into questioning quarterly earnings starting next week.

Bonds up a little and a lot of folks head scratching. Is the economy softer than we thought? I think it's strong but a 100k miss on jobs is a little puzzling.

That's not the issue. The issue is looming trade war unless someone pulls Trump's heard out of his ass.

[homie1975]

Herd mentality.

The jobs report could be bleeding into questioning quarterly earnings starting next week.

Bonds up a little and a lot of folks head scratching. Is the economy softer than we thought? I think it's strong but a 100k miss on jobs is a little puzzling.

300K jobs on last month's report so we should have expected a cool off, no?

[homie1975]

That's not the issue. The issue is looming trade war unless someone pulls Trump's heard out of his ass.

that and AMZN bashing by The POTUS. AMZN is tied to so many ETF's and just anchors them down when it drops. does the same to the entire market. 800 pound gorilla in all investor's rooms whether we like it or not.

[d2bets]

that and AMZN bashing by The POTUS. AMZN is tied to so many ETF's and just anchors them down when it drops. does the same to the entire market. 800 pound gorilla in all investor's rooms whether we like it or not.

What little hinging Trump had first year has now become unhinged.

[grease lightnin]

LOL at Roy completely ignoring the brewing trade war Trump is causing.


The Koch’s and other major conservative donors are going to turn on him.

[RoyBacon]

Nice to see my poor bonds rally. Probably both the suspicious jobs report and china ball busting. But you had companies dropping like a rock that do zero biz in china.

Trump needs to finish china off but probably won't. But you never know. For sure no other POTUS could get close to a china deal and maybe he joins the club or maybe he succeeds? I'm sure D2 will give him great credit if he does.

[homie1975]

LOL at Roy completely ignoring the brewing trade war Trump is causing.


The Koch’s and other major conservative donors are going to turn on him.

Koch brothers just broke off

https://www.cnbc.com/2018/04/06/koch-brothers-network-breaks-with-trump-over-china-trade-war.html

[homie1975]

Nice to see my poor bonds rally. Probably both the suspicious jobs report and china ball busting. But you had companies dropping like a rock that do zero biz in china.

Trump needs to finish china off but probably won't. But you never know. For sure no other POTUS could get close to a china deal and maybe he joins the club or maybe he succeeds? I'm sure D2 will give him great credit if he does.

Roy
as a Libertarian i dislike both parties but i try to see the good and the bad in all presidents. i agree with what Trump is trying to accomplish but his strong arm tactics are what i disagree with. maybe it worked in RE when he was the A side of the record (to borrow a floyd mayweaher term) but you and I and all of us know that China is just as egotistical as we are so i think Trump would have been more guided not to threaten tariffs in front of the whole world through press conferences. going to the WTO or working with China behind the scenes would have been better IMHO

[grease lightnin]

Free trade is a long held conservative capstone.

Something tells me that Trump, Ross, and others are profiting from the volatility they’re causing.

Kudlow is is a big free trade guy and even he is jumping on the bandwagon.

“Trade wars are easy to win”. Lol

It is a zero sum game. Nobody can win.

[grease lightnin]

Roy
as a Libertarian i dislike both parties but i try to see the good and the bad in all presidents. i agree with what Trump is trying to accomplish but his strong arm tactics are what i disagree with. maybe it worked in RE when he was the A side of the record (to borrow a floyd mayweaher term) but you and I and all of us know that China is just as egotistical as we are so i think Trump would have been more guided not to threaten tariffs in front of the whole world through press conferences. going to the WTO or working with China behind the scenes would have been better IMHO

You are Libertarian, yet you agree with the Protectionist trade-stifling tariffs Trump is proposing? How does that work?

[homie1975]

You are Libertarian, yet you agree with the Protectionist trade-stifling tariffs Trump is proposing? How does that work?

I agree with him that China is not playing by the rules set forth by the WTO involving IP and i think it needs to policed better. i do believe in free trade if countries are playing by the rules. they are not allowing the free flow two way trade that we are. that's one of the reasons we have a huge trade deficit

[RoyBacon]

I think Trump will get a deal. No other president has had any luck trying to work with china.

They have GDP growth of 10%, we are at 2.7%. They are the #2 economy in the world, and one day soon they will displace us.

We need "fair trade", nothing more. The only way to get there is what you are seeing.

This is like having a gf that cheats and steals and you sit her down and say I want you to not cheat or steal from me anymore. But she can't because she has cheated and stolen for so long she doesn't know any other way. So tough love a coming but we will be no worse off than we are today no matter what.

[d2bets]

Free trade is a long held conservative capstone.

Something tells me that Trump, Ross, and others are profiting from the volatility they’re causing.

Kudlow is is a big free trade guy and even he is jumping on the bandwagon.

“Trade wars are easy to win”. Lol

It is a zero sum game. Nobody can win.

Was just thinking this today. Imagine the haul you could make with advance knowledge by trading Trump's trade tweets. Forget the TTP, it's the TTT. Trump is getting a kick (and probably kickback) from moving the markets back and forth.