Lost_in_the_HTTP
Lifer
- Nov 17, 2019
- 13,229
- 7,851
- 136
I see a report that says 25%. Can we go 35? 45?FB just shit the bed, down 15%
I see a report that says 25%. Can we go 35? 45?FB just shit the bed, down 15%
They announced higher prices for PRIME which will add a lot more money. The market rarely trades on fundamentals. Its all about the trend.
PTON jumped 30% in after hour rumours of an Amazon acquisition.
Chapottle is up 7%. They are raising prices again. Seems like a reoccurring theme on these earnings reports.
There is this mysterious force called inflation. Scientists don't really know what it is. Kind of like magnets. Nobody knows how they work. The only thing measurable is it's size. Inflation embiggened to 7.5% year over year.
Ooh nice, the current odds now have a double hike as the heavy favorite. I'd love to see them do that just for the lols.
Looks like the Roaring 1920s are back!
Russia invades Ukraine. Stocks slide further.
Don't know if you have noticed, but the spread between ARM and fixed mortages has gotten to the point where ARM will be popular again as long as it lasts.
Could be bullish if that is the excuse the Fed needs.
ARM loans only make sense when rates are high and going lower as they reset to lower rates in the future and you do not plan to stay in your home long enough for a fixed rate to make sense.
The spread between 30 fixed and 10/1 is getting pretty wide. Maybe a full point.
Russia invades Ukraine. Stocks slide further.