Found out LRB is coming back for a Nov 2 show, I don't have to drive over an hour to get to it, and one of the servers at my haunt is big into them, practically shrieked when I told her I went to the show this weekend, she didn't know they were in town. So I guess I can scratch her off the babysitter list for that night
It was actually called the Great Recession, and the principles of our economy were severely stressed (to the point the US lost its AAA credit rating). Also, large corporations were bailed out by the government - make no mistake, had banks and automakers not been bailed out, the great depression would've looked like a party compared to 2008. Is it the word "fundamentals" that's got you wrapped around the axle?
Economics is make up shit to run a market up and down to make bank. Once stock prices are too high as they are now the billionaire sell of starts. Buy ticker SOXS now. Don’t say I didn’t tell you.
The word fundamentals is kind of what the entire statement is about so yeah, that's what I'm talking about...
What about this stock makes it good other than it's cheap? It has been sliding downhill since '15 or so. https://www.bloomberg.com/quote/SOXS:US
Meh, don’t care for those articles, nobody ever sees sell offs happening. The same billionaires that run, yes run, the market own those posts, stocks are a game, fundamentals my ass. We’re the rats picking the crumbs off the floor around the dining table. We ain’t one of the diners tho, we ain’t in that club Its the inverse of SOXL, which is a 3x semiconductor bull ETF. Went from $200 to $67. Then back to $173 now, within months, only a matter of time until it crashes again. Which will make SOXS, it’s bear 3x ETF counterpart, skyrocket.