stock market was up today...

[Orange_Vol1321]

Short Squeeze Stockbrokers And Hedge Funds Face Proposed Antitrust Class Action

 

[Thunder Good-Oil]

Short Squeeze Stockbrokers And Hedge Funds Face Proposed Antitrust Class Action

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I don’t know if they get much traction with the brokers. Retail investors sign brokerage agreements allowing trading to be restricted. I hope to see some anti-trust arguments against the collusion of big players though, especially if the 140% short positions can be proven. However, realistically this is just another predator that is part of the mechanism looking for their payoff so they’ll go away.

 

[VolnJC]

 

[Thunder Good-Oil]

Buying a dip if it is significant.

 

[allvol123]

Wtf are you talking about? Employers are begging for new employees. Economy is fine. Govt is broken.

 

[Orangeburst]

Wtf are you talking about? Employers are begging for new employees. Economy is fine. Govt is broken.

My biz is booming. I ask around and yep, finding mfg employees is a challenge.

 

[allvol123]

My biz is booming. I ask around and yep, finding mfg employees is a challenge.

I see it in mfg also. But it is white collar professionals also. The idea that the economy needs some help, is a lie.

 

[NorthDallas40]

I see it in mfg also. But it is white collar professionals also. The idea that the economy needs some help, is a lie.

The DNC PR branch that is our “independent media” is setting up the layup that sleepy joe rescued the economy by doing... nothing but stopping interfering with the economy.

 

[Rasputin_Vol]

Gone In 60 Seconds: Catalytic Converter Theft Erupts Across Country | ZeroHedge

Thieves are after platinum, palladium, and rhodium inside the converters. Thieves can easily strip down exhaust part and extract the precious metals, turning around and selling it to scrap yards for a handsome profit.

Internet search trends for "catalytic converter thefts" erupted during the beginning of the pandemic when tens of millions of Americans lost their jobs. Simultaneously, trillions of dollars in stimulus via the central bank and federal government resulted in surging asset prices, including different types of metals, which made catalytic converter scrap prices jump. Thieves asked themselves, why steal copper wire when catalytic converters bring more money.

 

[VolStrom]

Gone In 60 Seconds: Catalytic Converter Theft Erupts Across Country | ZeroHedge

I keep my motorhome in a gated and locked storage unit. I was talking to the owner recently and he was telling me of a nearby storage unit that had someone break in and cut the catalytic converters out of every gas powered motorhome.

 

[Velo Vol]

Buying a dip if it is significant.

Is his departure going to make any meaningful difference (near-term)?

 

[VolStrom]

Is his departure going to make any meaningful difference (near-term)?

I doubt it, but he did build a behemoth on the order of a Sears of 50-60 years earlier. I wish I could travel in time, I'm curious what will take its place 100 years from now.

 

[Fun coupon VOL]

Is his departure going to make any meaningful difference (near-term)?

I don’t think so, but who knows.

 

[RavinDave]

Well crap, I was thinking the price was going to go up to something like $2k an ounce.

I can remember when palladium was around $160 a troy-oz which was maybe 20-25 years ago. It’s around $2400 now. A lot of my catalyst customers are switching from palladium to platinum which is “only” around $1100 a troy-oz right now. If I wasn’t so busy selling catalyst this stock market thing sounds like fun. Looking to put a few bucks in some precious metal ETFs anyway. @Rasputin_Vol any suggestions?

 

[VolStrom]

I can remember when palladium was around $160 a troy-oz which was maybe 20-25 years ago. It’s around $2400 now. A lot of my catalyst customers are switching from palladium to platinum which is “only” around $1100 a troy-oz right now. If I wasn’t so busy selling catalyst this stock market thing sounds like fun. Looking to put a few bucks in some precious metal ETFs anyway. @Rasputin_Vol any suggestions?

Wanna buy some silver proof coins?

 

[RavinDave]

Wanna buy some silver proof coins?

Not really what I had in mind.

 

[VolStrom]

Not really what I had in mind.

dammit. I guess my kids or grandkids can trade them for some crack.

 

[RavinDave]

dammit. I guess my kids or grandkids can trade them for some crack.

BTW do you have any recommendations on a semi-automatic pallet wrapping machine? Been looking at Lantech and Cousins.

 

[Thunder Good-Oil]

I can remember when palladium was around $160 a troy-oz which was maybe 20-25 years ago. It’s around $2400 now. A lot of my catalyst customers are switching from palladium to platinum which is “only” around $1100 a troy-oz right now. If I wasn’t so busy selling catalyst this stock market thing sounds like fun. Looking to put a few bucks in some precious metal ETFs anyway. @Rasputin_Vol any suggestions?

Less than 4 doubles in 20-25 years isn’t anything special. How much can it be leveraged though?

 

[Rasputin_Vol]

Less than 4 doubles in 20-25 isn’t anything special. How much can it be leveraged though?

WTF???
That's about 12% per year...

 

[Thunder Good-Oil]

WTF???
That's about 12% per year...

Isn’t that about what the S&P 500 produces on average?

 

[Rasputin_Vol]

In Feb 1996, the Dow was around 7000. 25 years later it is at 30k.

So 2 doubles...

 

[Rasputin_Vol]

Isn’t that about what the S&P 500 produces on average?

S&P was at 1000 in Feb 1996. It's at 3800 now.

2 doubles.

 

[Thunder Good-Oil]

In Feb 1996, the Dow was around 7000. 25 years later it is at 30k.

So 2 doubles...

You didn’t include dividends. Blue chips in the DJIA pay dividends.

NASDAQ has about 3.5 doubles PLUS dividends.

 

[Thunder Good-Oil]

S&P was at 1000 in Feb 1996. It's at 3800 now.

2 doubles.

Now do Microsoft or Amazon. Also you are ignoring the dividends.

The historical annual change in the S&P 500 is in the 10-11% range.