The stock market

[longcast]

In 2008, Warren Buffett wrote: "A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors.


Hmmmmmmm............................moved some cash last week into the trading account.........................

 

[Roccus7]

Mary Poppins he ain't...

 

[longcast]

Futures are up. Will it hold?

 

[dsedy]

Futures are up. Will it hold?

right now very slippery both ways btw 4800ish - 5400ish, still much headline risk (e.g. tarrif, geo-policial) both ways up or down.

 

[longcast]

right now very slippery both ways btw 4800ish - 5400ish, still much headline risk (e.g. tarrif, geo-policial) both ways up or down.

Yes, agree.

Although CNBC can move this 1000 point with fake news.

 

[dsedy]

This is an example of algorithm selling on S&P ES Futures since 10:45. Blue squiggly line...1 or 2 algo's knocking down price 50pts so far

 

[dsedy]

S&P Futures

 

[dsedy]

right now very slippery both ways btw 4800ish - 5400ish, still much headline risk (e.g. tarrif, geo-policial) both ways up or down.

tagged 4900 Monday low, 5250 yesterday high, 4924 this morning low, now back at 5350....slippery those levels are the goal posts for now
insane trading day

 

[longcast]

Insanity is the word of the day!

 

[dsedy]

Insanity is the word of the day!

Monster F'in day!! Schwing!!

 

[dsedy]

 

[longcast]

Inflation increased at a slower pace in March

The Labor Department released the March consumer price index (CPI) report that showed inflation rose at a slightly slower pace last month, though it remains above the Fed's goal.

www.foxbusiness.com

 

[dsedy]

nothing but selling all day so far

 

[dsedy]

very close to being halted on futures

 

[dsedy]

very close to being halted on futures

they kick saved it (for now), but 1PM bond auction could change that.

 

[dsedy]

@longcast

 

[longcast]

https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-futures-jump-as-tech-gets-a-temporary-tariff-reprieve-221244560.html

 

[wader]

US economy contracts at 0.3% rate in Q1, first GDP pullback in 3 years

The US economy contracted for the first time in three years to start 2025 as a surge in imports dragged down GDP and prices increased more than forecast.

The Bureau of Economic Analysis' advance estimate of first quarter US gross domestic product (GDP) showed economic growth contracted at an annualized rate of 0.3% during the year's first three months, more than the 0.2% decline expected by economists surveyed by Bloomberg. The reading came in significantly lower than the 2.4% rate of growth seen in the fourth quarter of 2024.

This marked the first quarter of negative GDP growth since the first quarter of 2022.

https://finance.yahoo.com/news/us-economy-contracts-at-03-rate-in-q1-first-gdp-pullback-in-3-years-123544859.html

 

[longcast]

Loading…

finance.yahoo.com

Investors looked past weak consumer confidence and labor data to send the S&P 500 up 0.6%. The gauge notched its best six-day run since March 2022, rising about 8% in the span. The Nasdaq 100 is close to erasing all of its losses since April 2, when President Donald Trump announced his trade offensive. Treasuries extended their April gains, with 10-year yields dropping below 4.2%. The dollar rose against most major currencies.

Making money!

 

[longcast]

US economy contracts at 0.3% rate in Q1, first GDP pullback in 3 years

The US economy contracted for the first time in three years to start 2025 as a surge in imports dragged down GDP and prices increased more than forecast.

The Bureau of Economic Analysis' advance estimate of first quarter US gross domestic product (GDP) showed economic growth contracted at an annualized rate of 0.3% during the year's first three months, more than the 0.2% decline expected by economists surveyed by Bloomberg. The reading came in significantly lower than the 2.4% rate of growth seen in the fourth quarter of 2024.

This marked the first quarter of negative GDP growth since the first quarter of 2022.

https://finance.yahoo.com/news/us-economy-contracts-at-03-rate-in-q1-first-gdp-pullback-in-3-years-123544859.html

Did government spending go up or down last month???

It might help you to know.