/biz/ - Business & Finance

>>56720627
Do people really trade drunk? Sounds like a good way to get your shit pushed back in

Look at the weekly chart for oil. It should start recovering at least a little bit (and then maybe keep dumping). Last resistance at around 73,6 for brent. Will it just ignore the bollinger bands? I doubt it

>>55955564
NVDA just keeps growing (their revenue was higher this Q than Intel's (which has been fluctuating in a general downward trend unlike NVDA's)) and that's what's important. In a turbulent market like this and NVDA manages to show off insane numbers (for NVDA, not compared to others).
The tech that NVDA sits on is lightyears ahead of everyone else. Their software implementation has been extensively worked on for more than a decade and they got it down to a T (unlike AMD's what the hell implementation).
Unlike everyone else, NVDA managed to create hype with their products. And what's more, their products also work. So you got hype + real performance.
Since we are going into a generally bearish month, NVDA might fall below $400 but I don't think it will stay there for long

>>55611202
the juden are in the process of offloading to retail suckers

>>55482976
>will give up eating food just to buy the newest iPhone
Nah, they'll just take yet another loan. Fuckin normos. Consooomerism will never die.

On another note, just watch them revise those job numbers next month. I bet it will be crap

>>55413722
Maybe in the US but here in Scandinavia things are a bit different. There ain't no shit quality meat to be found here. The difference between some high quality stuff sourced directly from the farms vs. what farmers deliver to the stores is absolutely minimal. Of course everyone here is a savvy know it all that only partakes in the most succulent and most expensive meat... nah, I don't even trust farmers at this point. Maybe you are buying from a good farmer that is worth supporting but I know no-one of good repute where I live.
But generally meat is considered to be relatively "pure" here so who cares?
Supporting "local economy" my ass. Ever since the inflation, small businesses have ramped up their prices like fuckin crazy. No, I ain't buying minced meat for more than 20 bucks per kg, wtf?

>>55409476
I guess people still have it too good. Also wage increases have been issued which placates people like nothing else. Who cares that consumer prices are +40% over a two year period? Nah man, I just got my wage increase of 4.8% (historic high) so it's all good.
I don't know. People either are really hugely benefitting from this or they gotta be living on massive loans.
Our business has increased its earnings by more than 60% just last year because we demanded higher pay from our customers. We told them that the inflation is eating up our profits and blah blah blah and the customers fell for it. It helps that our customers mostly comprise boomers that have way way too much money on their hands.
But take a guess how much of those extra 60% we have given to our employees? Mere 5% And they are fuckin happy with it... wtf
People are too fuckin proud to admit they are being fugged over so of course businesses will take full advantage of it

>>55350612
Wasn't it the same last time and the time before? Hike pauses only lead to prolonged and more sticky inflation, forcing additional and more aggressive hikes down the line. How these are in charge of the largest economy in the world is beyond me. This shit is quite literally just common sense 101.
>>55350622
Sorry, I meant knee pads. Don't know why I wrote kneecaps. You should now understand the implication :)

>>55084530
good. it will be even more. just wait and see

>>55073244
speak for yourself

>>55024761
this debt ceiling is a lose-lose for mumus.
you either have a technical default it will be another 2011 style -30% or they raise the debt ceiling and market sells off anyway because Yellen needs to refill her checking account (TGA) and side-effect is that liquidity gets drained out of the market. buy the rumor sell the news. media is prepping mumus already to get hooked on any possible """relief rally"""

mumu hope you enjoy your weekend before the big one next week

>>54909024
its going to be a shit show

>>54271882
we drill down until morale improves

>small caps leading the way down (again)
>triple witching today
good time to take profits, pig-- uh.. mumus

IT'S BEGINNING FAGGOTS

>>53747384
>I thought the feds said they had inflation under control
they are on a good path if they keep on hiking to their 5.5%-6% target.
last year the bond market was ahead of fed, but somehow bond market went into retard mode beginning of this year and the 2Y yield went down to like 3.9%
now fed is ahead and bond market catched up again.
the 2Y is back to 4.6% so it's within the current 4.5%-4.75% range
what's moving the market big now are feds fund futures, because they now have a 18.1% chance of 50 bepis since yesterday's comment of Bearard

>>53718651
take your schizo open pump but its not going to stick
can't move the goalpost forever on hot economic prints, yields and dxy raising

>>53656900
buy as much as you can this is the generational dip

>>53645992
you're the fatter version of Tinny sitting in a dirty apartment doing weekly updates what autistic animal poster are shitposting
I think you're suffering enough already, fat hands

>VIX ready for liftoff
>DXY pumping
Jerome don't fuck this up again. the AI is watching (You)

I got you

>>53493248
there will be no crab
hang seng session ends with around -3% after their holiday season
not a good sign for mumus to start the week, especially after line went up for 4 straight weeks

>>51659592
this thread sucks