Stocks and Trading Thread - Channeling your inner Mono

[Richard Hakluyt]

Year has been a wash for me, currently up 0.2% on the YTD. I'm very pleased with that of course, given Trump's shenanigans.

[HisMajestyBOB]

https://bsky.app/profile/mugrimm.bsky.social/post/3lmg3jor7bk2o

 

[Valmy]

Year has been a wash for me, currently up 0.2% on the YTD. I'm very pleased with that of course, given Trump's shenanigans.

Yeah our family's account is doing...considerably worse.

https://bsky.app/profile/mugrimm.bsky.social/post/3lmg3jor7bk2o

 

We keep going and maybe we can match 1929 levels of single day growth!

It looks like it is going back down as reality sets. But we will see what today brings.

At some point these tariffs are going to actually start impacting the actual economy and not just the gambling part of it. That is when things will really get grim.

[crazy canuck]

Hey Valmy, following up your question about the bond market and the significance of the bond yields going up, here's an article from the New York Times, gifted for you, that reports that it was the bond market that finally convinced Trump to reverse course.

https://www.nytimes.com/2025/04/09/us/politics/trump-tariff-pause-be-cool.html?unlocked_article_code=1.-k4.hx0I.CJ2HgOjZqONl&smid=url-share

[HisMajestyBOB]

Trump's going to fire Fed Chair Powell and appoint a puppet who will slash rates. Get ready for some lovely stagflation.

[Valmy]

Trump's going to fire Fed Chair Powell and appoint a puppet who will slash rates. Get ready for some lovely stagflation.

No actual Russian asset could be this effective.

[crazy canuck]

Trump's going to fire Fed Chair Powell and appoint a puppet who will slash rates. Get ready for some lovely stagflation.

No actual Russian asset could be this effective.

The thing is the approach was supported and made possible by the complicity by the whole of the GOP. The Russians might have gotten lucky with getting a stooge as President, but he could have been rendered relatively harmless if the GOP had acted responsibly.

[Jacob]

Yeah, I think the Russian approach is to support the chaos factor where ever it seems to have potential. It's just that the chaos factor has grown really strong inside the GOP.

[Sheilbh]

No actual Russian asset could be this effective.

Total aside but there'd be a pleasing symmetry in Soviet asset Harry Dexter White setting up the global financial order and a Russian asset tearing it down.

(Obvs I don't actually think Trump is a Russian asset - if he is I can only pity his poor handler.)

[frunk]

Russian contact with the GOP isn't just at Trump.  They've cultivated many members of the GOP for several years through groups like the NRA.

That might only be to plant seeds of self destruction rather than active collaboration, but the end result for us isn't much different.

[Valmy]

Our account made 90,000 yesterday.

Down $44,000 today.



All aboard the stock market!

This is a golden age...for day traders.

[crazy canuck]

The view that one should try to time the market is not aging well.

[viper37]

The view that one should try to time the market is not aging well.

Usually, you don't do that.  You invest in ETFs, adjust for your risk tolerance, leave it there, re-adjust as time goes.

Usually there is no market manipulation and insider trading on the grandest of scale.

[viper37]

There were other alarming signs on Thursday: In the government bond market, U.S. Treasuries started to sell off again, with the yield on 10-year Treasuries climbing to 4.37 percent, the highest since February. The technology-heavy Nasdaq Composite index dropped nearly 7 percent, with shares in Apple, Nvidia and other tech giants falling. And oil prices fell about 4 percent, trading below $63 a barrel.

https://www.nytimes.com/live/2025/04/10/business/trump-tariffs-stocks

Gonna leave this here:
https://www.removepaywall.com/

Use this to remove paywall from articles when you need it.

[Bauer]

The economist ran an article that financial system was approaching the brink of collapse.  Essentially the simultaneous decline of stocks and treasuries signalling that there would be a flight to cash, instead, and therefore another liquidity crunch.