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STILL N OF PIKE

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Everything posted by STILL N OF PIKE

  1. This is not your parents stock market Or economy . The financialization of the economy And the End of the sort of standard business cycle that correlated with stock market peaks and valleys (and Fed lowering and raising of rates ) is in the past . The financial system has been on low interest rate morphine since 2009 and (now we have QE to infinity purchases on top of that ) zero interest rates is a place central banks often get stuck (they can’t admit it ) but they do . Japan has been at zero for 35 years . The US stock market has been a great store of wealth (if you invested fully into Index funds) this has been the case for 2 generations . During this time the dollar has been at the pillar of the global financial system . The future of the world is almost certainly more globalized in nature and US stock and bond market is not likely to remain the sole currency at the top a generation (less) from now . The market is in for serious volatility given the boom bust cycles we have been in , the continuous emergency accommodation the central bank need to sustain to keep pensions solvent . This doesn’t mean that some crash is on the way , it just means that there are plenty of warnings signals should one occur . The entire G8!s so deep into debt , debt saturation levels have made growth so difficult to come by (outside China ) ..just 8 trillion In stimulus LOL and reopening a closed economy is all it takes to have the US economy “rolling”.
  2. Stock Market this am is falling nicely and resting on key support , that should shake out some speculation
  3. It (Stock market ) *has been a good investment if you are in index funds only so many individual stocks go belly up or perform poorly and get kicked out of indexes at major downturns and then are replaced with newer successful companies so the average index keeps chugging upward
  4. 54 cents and counting move your stop losses up (assuming you got em’) and assuming their will be any bids if this free falls My friend sent me a copy of a text exchange between us in Feb talking about buying doge lol . It was 7 cents . There is such a epic amount of froth in the financial markets that something as ridiculous as scamcoin Got a 70M market valuation hours after it was created . This is sort of a consequence of the market basically being “too big to fail “ and the monetary authorities leaving monetary policy extraordinarily loose . Ditto virtual real estate plots . The whole Global system is on a cornucopia of emergency central bank liquidity props / basically morphine induced “wellness” and it seems nobody in the public seems too concerned , Thou just about every financial expert has ran out of ways this ends well . Some say buy “Tangible , Real Goods” Property / Gold / Physical commodity’s , it’s sort of wild to me that there really is no exit from this unprecedented accommodation . 30% of folks disposable income this year was from enhanced Child tax credits , stimulus x3(checks) and unemployment on steroids . What is the organic rate of economic growth minus handouts and a reopening .... Absolutely Shocking that there is talk of a “Great reset” Who could have seen it coming ; many who wanted to ; few
  5. Let’s hold off on the heat like we did in 2019
  6. https://mobile.twitter.com/NorthmanTrader/status/1389549927026642945
  7. Lol , it’s a coin with a dog on it . Who the heck knows may want to apply for a mortgage for a virtual plot of land
  8. Doge https://mobile.twitter.com/NorthmanTrader/status/1389245803286388747
  9. Get the F “out of Doge “ Reminds me of the SPAC craze that peaked in Feb people realize that everyone and their mother are planning to “get out soon” right , when (If)it begins falling This week , it should accelerate as everyone has the same basic idea . Buy , flip for profit and get out Ethereum is the Crypto of the now and the future but it will likely pull back to 2500 within the month , it was 850 on Jan 1...
  10. Intel is an embarrassment last few years regarding their corporate leadership causing them to be leap frogged by many . Their lagging chip technology has them left in dust .
  11. Funny that someone bumped last years May 9 snow couple days ago
  12. Congrats on the foot plus on 18z gfs
  13. Incoming on gfs Nice hit for Phin, Berks and Dave lol
  14. Hit a bucket this morning . Nice weather
  15. Nice and mild today , hit a bucket at driving range in Tyngsboro this morning
  16. I mean if I was in Western half of CT I would care more about severe . Since my brother moved to Nashville last April I’ve followed it more with him
  17. Equal chances for snow in May and Severe lol. Slim
  18. Well said Garth . Good post The grinch storm was a hard kick to the balls , other than that few horrific January /Feb rain storks here . Those for me always take the grade down .
  19. I hope you snow at least one more time . Gfs was so close to a burial . April is a solid snow month for Elevated NNE and first 10 days of May can get it done up there at elevation as well
  20. Definitely , I don’t think this is likely . I talk about things that have like a 1/4 chance and I can do this without caring if it didn’t happen. Plus this would need to be a hugger to get max lift over higher elevations that could actually capitalize. This gfs run was 50 miles from burying Berks / Monads / whites The EPS is not that valuable as people act like it is when it comes to showcasing what could happen if things Evolve different than the OPS. I’ve seen the EPS changes all at once So many times when 5-6 days out on phasing systems . This is most likely a non story but it interests me more than temp talk , Stein talk and the like
  21. We can toss, it’s not likely . But the option is on the table for a inland elevated blue bomb that everyone can hate . This is like 5 runs in a row of a strong coastal . Euro evolution can easily change .
  22. I want one run to bring this 982 low inside BM so I can hear inland elevations moan about snow . Gfs is so close edit: incoming
  23. Gotta improve those chargers or battery’s . I’m sure they will within 2-3 years https://www.businessinsider.com/electric-car-owners-switching-gas-charging-a-hassle-study-2021-4?amp&__twitter_impression=true
  24. I love that look back it 75 miles so Berks and Monads party
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