I'm just an idiot, but looked like everyone flipped to going short after spy kissed this upper line that started back in Jan.
I was in a meeting and had SPX open on my second screen. If anyone was paying attention to my face, they would have seen the biggest "wtf is happening" expression.
Some 430 spy puts would have been nice but couldn’t speculate if it would dump or pump after hitting that level. Market has been fairly irrational lately.
Heads up the FTX app offers 8% on dollars up to $10,000 and 5% on amounts after $10,000 Not FDIC insured, but financially very healthy. Going on an acquisition spree and CEO is regarded as best in the crypto industry. Wouldn't put life savings in there, but the yield has been nice so far
I was just about to ask the thread about JMIA after seeing @Baseballman86’s post. You think it’s worth a bit of a gamble here?
I dunno man. It’s pretty hot from an RSI standpoint. I have stop loss set up on my option leaps, going to hold the shares regardless
I think we may be at a top on the current rally. I haven't sold much yet but certainly am not buying more until there's a better signal on direction.
all three major indices seem to be hitting a resistance wall. 34,000 on the Dow, 4300 S&P and 13,000 NASDAQ. There really shouldn’t be any major news for a while. All tech and now retail has reported to boot. Probably a good time to sell OOTM covered calls.
Going the HSA route through employer was a bad idea. Employer switched providers after a fucking year and so the HSA relationship with employer no longer exists. It's my HSA account so I keep it of course, but now the HSA bank is changing the rules and fees and required minimum balance from what it was before. So now they're charging a monthly account fee just to keep the account open. If I close the account I then have to pay taxes on that money right? It's only about $3.5k but damn what a pain, I thought this was going to be a smart move.
Is there not a way to transfer the funds to a different HSA administrator, similar to rolling over a 401k?
oh what we supposed to trust the feral reserve bc they got transistory inflation wrong and said sorry bout that? no thanks.
the BETTER way to have done covid stimmy was with staggered payments and auto-renewing mechanisms based on broad economic indicators (basically the expanded UI mechanism but for the whole economy) but you'd have needed the Trump admin to be run by smart people from start. but I also think the reee M2 folks are morons because the alternative to going big balls fiscal policy was allowing incredible harm to tear through the country which would have obviously been a much worse option