/biz/ - Business & Finance

If the economy is so great and all, why the hell is copper down then? Reeeeeeeeee stop fuddddding my copper (still up nicely but I want more).
It will be interesting to see how long the FED maintains its "restrictive" policy, benefiting the megacaps while killing normies. Will they quit as soon as inflation goes to 2% or will they hold for an additional year or two? ECB already made it clear that they desire to turn on the printer as soon as inflation hits the desired 2%...
Why 2%? Why does it have to be 2%? Fuckin bs economics from the boomer era

>>55656264
That is not the point. The point is to extract as much greed as possible from this shit market and try to sell at the top (key word: try to).
We know the market is in an insanely bullish mood and now with China once again stimulating their economy, that bullish outlook is extended for an additional month or so.
Need to keep squeezing that greed

So wait, NASDAQ retardedly dumped on Friday only for it to massively rally today? These fuckin movements... we can't have a +0.5% anymore right? Nah, anything below 1% is effectively considered null. Fuckin market on steroids

>>55609666
ASML is an established boomer company.
NVDA is the new AI top-dog.
AMD is the underdog that has managed to claw its way back from the pits of hell and managed to score a massive hit against Intel.
Come on bro, companies like Applied materials, Texas Instruments, ASML, and so on are good but they ain't that attractive in terms of POTENTIAL growth and marketing. Nobody starts doing the onions face when they hear the word ASML, but say the name NVIDIA and people start discussing right away.
>>55609672
Give it a day and Tesla will fix itself. Retard strength will come back even more retarded

>>55596214
But might affect the guidance which is arguably far more important. Good earnings are to be expected. Good guidance... that is what the market looks at

You just don't get it, do you? This is 2020-2021 all over again. The market will just keep trading above its trading lines and every dip will get instantly slurped. NASDAQ is up more than 40% and it's been only 7 months. That is more than ample proof, I believe.
Earnings period has started off phenomenally and all beat by huge margins. Expectations have been scaled down substantially for tech so they will beat like crazy as well.
High and sticky core inflation, low PPI, low "customer inflation", borrowing keeps growing, check out M2.
And even if you think earnings matter... check out META's for the past 2 years. Absolute DOG SHIT and yet it is up +200%

>>55577859
Not like theyll be expensive on release or anything lol just buy quickly fag. Also big L.

>>55577878
you gotta admit it is kinda funny how they, security experts (supposedly) were retarded enough to encrypt shit using base64. like holy shit dude what

>>55575638
>Tuesday pumps bc BoA beats by a significant margin
>Wednesday pumps bc Netflix/Tesla beat by an extreme margin

>>55549855
>Steel when Russia/Ukraine happened
>Oil when Russian/Ukraine happened
>Copper when Russia/Ukraine happened
Too bad I'm insanely insecure so I invested very small amounts. Could have been a fricking millionaire by now...

>>55516422
They are just playing around and giving us an opportunity to stock up as much as possible before Wednesday and earnings. Thanks :)

>Siemens Energy at the bottom of DAX
Finally is that crap going down. Let the green mafia bleed a little bit

>>55456646
I am really really hoping for some positive news from China since I am really deep in copper. Absolutely detest the country but money is money. Since their yields are normal (unlike the US ones), they can still afford to QE a bit

>>55437054
What? This is insanely bullish. The government is about to receive a lot of money back from its subjects --> bullish. People have plenty of reserve cash and can easily repay their debts considering you could have invested into anything in 2k20 and gotten x4 yields. And now with all those wage increases, people in the US must all be living the LIFE.
I mean surely people aren't so dumb so as to forget their debts right? Hell, you guys got thousands of dollars as gibbs. Just that alone can almost pay off the debts if you didn't spend it like a retard. Plus it's just a couple of millenialls and zoomies, i.e. people with no purchasing power in the stock market so nobody really cares.
Meh, highly bullish the way I see it

>>55431022
Index funds and stable nice companies like Volvo, various banks, and value stocks like mining, energy and so on. Hell, DAX and the Scandinavian indices have returned yields almost comparable to the US indices (and DAX already is ATH so that is doing fantastically as of late).
Remember that the US influence has spread far and wide. Western Euro is pretty much America lite and the same applies to the stock market. Where you guys go, we follow

>>55421901
Sounds gud though GPUs are somewhat cheap nowadays thanks to mining itself becoming irrelevant (>>55421958 lol) so they are not too rare now hence not much in the way of demand

Europoor here. Heh, a friend of mine went into trades and become an apprentice at an electrician company. Holy mother of kek I didn't know the salary would be that terrible. 2-3 years of "apprenticeship" where he essentially gets minimum wage and only THEN does he get an acceptable wage.
How is this allowed? How is this legal? You do the exact same thing as the other guys but you get paid half?
When I went into lab work at a company they also tried to rip me off, saying the classic stuff like "oh you are young so you are in-experienced so we can't pay you the same" when in reality I already had plenty of experience with advanced characterization techniques. I was fortunate enough that they realized my skillset and gave me a good salary straight up but I know a lot of people that get screwed over by these tactics.
You are young so we can't pay you the same even though you do exactly the same work as someone 15 years your senior.
You ain't a slave m8. If you do good work, you are supposed to get good money. Otherwise, fuck off. Oh and don't get me started on the gaslighting they always fiddle with
The work market is so disgusting now. Companies are making gigantic profits thanks to the huge greedflation but they can't you more than the minimum wage? Fuck off

Why in heck are "experts" setting a stamp of outperform and buy on my copper stocks? What do they see that I don't? I fully expect copper to get sucker punched in the near future. Is it just FUD?

>>55094858
i have a steak marinating but that's my usual
try to make them a couple times a week

what a crazy day
financially speaking
haha