The Stock Market thread

[GrantDawg]

I hadn't really thought about it, but someone pointed out Trump is being so kind in bringing down stocks to a price that the average person can afford them. A few more months, and some are going to be a real bargain. He is probably going to do the same with housing once a bunch of people start getting evicted.

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[Edward64]

Market futures are firmly green right now at +.5%. It's from Lutnick's statement about possible progress on Canada/Mexico tariffs.

But I'm not going to believe it until it actually happens, and the SOTU could rile up the markets.


Next Fed meeting is Mar 18-19. I sure hope Jerome can reassure the markets & businesses with "Fed's rate decision/trend/direction".

The Fed should be able to handle tariffs & inflation (it's done it before) but can it also handle self-inflicted unemployment spikes and loss of consumer confidence, all at the same time? Probably not as well, if at all.

[Ksyrup]

This whole puppetmaster routine definitely feels like artificial manipulation of the markets, at a minimum.

[Edward64]

Originally Posted by Edward64

... and the SOTU could rile up the markets.

Futures still green. That's a good sign, I guess.

But then, more than a few times this first month, I've thought "oh well, easy come, easy go". Intraday swings have been very rapid.



FWIW. Interestingly, this thread started Mar 2020 when Joe came into office. The pessimism & fears (not the cause) from those early comments are similar to current day. Similar FUD, different reasons.

[dubb93]

Originally Posted by Ksyrup

This whole puppetmaster routine definitely feels like artificial manipulation of the markets, at a minimum.

Even if it is he has immunity. He can manipulate the market all he wants.

[Ksyrup]

Originally Posted by dubb93

Even if it is he has immunity. He can manipulate the market all he wants.

Of course! And just like with everything else he does, the only people really in any danger (not that it's going to happen...) are the people around him. I mean, in theory, there could be some smoking gun texts or other things that make it obvious people were using inside information to trade stocks before some of these announcements.

[Danny]

Joe came into office in 2021, this thread started when Trunp was still president

[Edward64]

You are right, sorry for my bad math

[Edward64]

Originally Posted by Edward64

But then, more than a few times this first month, I've thought "oh well, easy come, easy go".

Like I said ...

[Ksyrup]

Wait until the jobs numbers come out tomorrow. Flat, possibly even negative, is what I saw someone predicting.

[NobodyHere]

I'm starting to get tired of all this winning.

[Edward64]

We're going back to green, baby! (I think)

Lutnick: Tariffs on nearly all products from Mexico and Canada will likely get delayed | CNN Business

Lutnick: Tariffs on nearly all products from Mexico and Canada will likely get delayed

Tired of all the whiplash, back-and-forth. Make a decision already! and stick with it.


EDIT: nvm

[Edward64]

I think this is the asshole.

I don't remember a Commerce Secretary in so many pics with President. I think he wanted the Treasury job and is now on a power trip.

[JPhillips]

Originally Posted by Edward64

We're going back to green, baby! (I think)

Lutnick: Tariffs on nearly all products from Mexico and Canada will likely get delayed | CNN Business


Tired of all the whiplash, back-and-forth. Make a decision already! and stick with it.

Each swing is a chance for insiders to make a fortune, baby!

[RainMaker]

Lutnick's claim to fame is running a ponzi crypto scheme and stealing 9/11 funds from victim families.

[Lathum]

Originally Posted by RainMaker

Lutnick's claim to fame is running a ponzi crypto scheme and stealing 9/11 funds from victim families.

He also promised the victims families he would take care of them, then almost immediately took them off the payroll and cancelled their benefits. Guy has his own room reserved in hell.

[RainMaker]

Originally Posted by Lathum

He also promised the victims families he would take care of them, then almost immediately took them off the payroll and cancelled their benefits. Guy has his own room reserved in hell.

I know Bobby Axelrod is based mostly on Steve Cohen but I'm convinced they were inspired in part by Lutnick's 9/11 rugpull in that storyline too.

[flere-imsaho]

Originally Posted by NobodyHere

I'm starting to get tired of all this winning.

Orange motherfucker is single handedly delaying my retirement.

[NobodyHere]

Originally Posted by flere-imsaho

Orange motherfucker is single handedly delaying my retirement.

Same here

ETA:

If I had one hope for Trump it was that he wouldn't screw up the markets. I guess I was wrong.

[Edward64]

Originally Posted by Edward64

Obviously, NOT fun but still too soon to panic.

S&P at 5,849 from a high of 6,147 from just a couple weeks ago. So down -4.8% from high and -.5 YTD. The Nasdaq is worse, down -9% from high and -5% YTD.

A correction is -10%, a bear market is -20%, and a recession normally is 2 quarters of negative GDP.

Nasdaq officially in a correction, down over 10+% from recent high. The other 2 are still pretty far from it.

• Nasdaq is 18,069 from 20,204 or -10.6%
• S&P is 5,739 from 6,147 or -6.6%
• Dow is 42,579 from 45,073 or -5.5%

Top Nasdaq companies are Apple, Microsoft, Nvidia, Amazon, Meta, Broadcom, Alphabet, Tesla. I can see markets being worried about Apple, Nvidia, Broadcom with the trade/tariff wars; and Tesla because of the negative goodwill Musk has generated.

Buy hey, futures are solid green for now.

[Fidatelo]

Originally Posted by flere-imsaho

Orange motherfucker is single handedly delaying my retirement.

Count yourself lucky, he's pushing to make it so my kids and I don't ever get one.

[flere-imsaho]

Oh I do (count myself lucky). It could just as easily be me looking at it and thinking I'll never really be able to retire.

[Edward64]

Powell says Fed is awaiting ‘greater clarity’ on Trump policies before making next move on rates

If Jerome is also confused then, of course, we/markets are confused too ...

“We do not need to be in a hurry, and are well positioned to wait for greater clarity,” the central bank chief said at a policy forum in New York.

I don't know if above is really true. The Fed may be behind the curve if they wait to get clarity that may not be forthcoming.

[PilotMan]

Time will eventually answer the money questions. Money however, is not a current fan of the existing uncertainty.

[flere-imsaho]

If he's waiting for more clarity on Trump policies, I have really bad news for him.

[Kodos]

Seeing Bitcoin and Tesla lose half their value since the election makes me happy.

[Edward64]

Originally Posted by Kodos

Seeing Bitcoin and Tesla lose half their value since the election makes me happy.

Pretty sure Bitcoin is up since the election.

But yeah, not going to cry about Tesla.

[Ksyrup]

Originally Posted by flere-imsaho

If he's waiting for more clarity on Trump policies, I have really bad news for him.

Get in line behind Trump, who doesn't know what the end game is either.

[Edward64]

For a little comic relief from this past week, check out below. If you don't follow the sub, you may not understand it. But created by someone on r/wsb for r/wsb and pretty funny.

FWIW, r/wsb is definitely not PC. Pretty much anything is allowed just as long as it's somehow related to the markets.

Mango's Message to WSB via /r/wallstreetbets #stonks #wallstreetbets https://t.co/ssHsO04s0A

— WallStreetBets Memes ������ (@WSB_memes) March 8, 2025

[Kodos]

Originally Posted by Edward64

Pretty sure Bitcoin is up since the election.

But yeah, not going to cry about Tesla.

I guess it hit a peak in mid December and is down significantly since then. That's the part that I liked.

[NobodyHere]

[sovereignstar v2]

Are you retiring soon? Why even look?

[Ksyrup]

He's addicted to winning.

[NobodyHere]

Originally Posted by sovereignstar v2

Are you retiring soon? Why even look?

After the past month? No, I am definitely not retiring soon.

[kingfc22]

Another fantastic day for the clown and his lackey Musk.

[Edward64]

[GrantDawg]

Because I'm freeeeeeee......freee fallin.....

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[Kodos]

Tesla down over 15% on the day =

[Lathum]

Has a stock ever lost so much value simply because the primary holder is such an asshole?

[Lathum]

dola- bitcoin took a hit also and is below 80K for the first time since basically election day

[dubb93]

Originally Posted by Lathum

Has a stock ever lost so much value simply because the primary holder is such an asshole?

I, well, didn’t Tesla take a hit a few years ago too?

[Danny]

Wasnt that due to factors other than Elon hate though?

I cant imagine its going to get better with sales likely to decline all over the world.

[Lathum]

Down 300 points thirty minutes in to trading. Could you imagine if this happened under a dem.

[kingfc22]

Another day filled with so much winning!

[JPhillips]

Normally things are way too complicated to blame or credit the President, but in this case all of this is because of Trump. No laws have been passed, no external events have happened, nothing but Trump's unilateral decisions that have tanked the markets.

[Edward64]

Not sure what's going on with this schizo market. Obviously, Trump but what made it uptick this afternoon? Best I can guess is Ukraine saying they'll do a ceasefire if Russia does.

Regardless, happy to see Nasdaq in the green right now, good comeback.



EDIT: okay, below must have been the reason

Nice, I like Ford already. Get Lutnick to earn his pay.

Ontario Premier Doug Ford on Tuesday said he was temporarily suspending his province’s planned 25% surcharge on electricity exported to the United States after U.S. Commerce Secretary Howard Lutnick agreed to renewed trade talks.

Ford said that he and Lutnick “had a productive conversation about the economic relationship between the United States and Canada” earlier Tuesday.

“We have both agreed, let cooler heads prevail,” Ford told reporters, hours after U.S. President Donald Trump escalated an already hot trade war by saying he would raise tariffs on Canadian steel and aluminum imports to 50%.

He said Lutnick agreed to meet with Ford and the U.S. trade representative in Washington, D.C., on Wednesday to discuss a renewed United States-Mexico-Canada trade agreement.

[Edward64]

CPI less than expected and the markets react positively! Looking forward to the updated price of eggs and stuff.

Futures received a boost on Wednesday after prices for goods and services rose less than expected in February. The consumer price index, a broad measure of costs across the U.S. economy, accelerated 0.2% for the month, putting the annual inflation rate at 2.8%. This was lower than the respective Dow Jones estimates for 0.3% and 2.9%. Core CPI, which excludes volatile food and energy prices, rose 0.2% on the month and 3.1% for the past 12 months, both lower than expected.

But then again, waiting for Trump to say/threaten something to knock it back down

[kingfc22]

Another day filled with winning!

[PilotMan]

CPI should be going down when the economy is flagging. It does seem like we're heading for it. Airlines are showing a substantial reduction in forward bookings and have cut hiring forecasts for this year, along with adjusting first quarter expectations. Airlines tend to be leading indicators for this very reason.

[wustin]

I work for a big company in aviation and two directors got laid off this week. One of them was with the company for 30ish years and started off in lower management. Director from another location is transferring to replace one and the responsibilities of the other I assume will be pushed onto everyone else involved in the reshuffle.