Anybody Buying Yet? Where’s the Bottom?

Anyone might be people who will rely on a pension instead of a 401k in the stock market. You think some of the people here with a large vested government pension also have a million in the market in a 401K? Possible but highly doubtful
You're correct, great to have a pension guaranteed by the taxpayers. Rest of us have to save.
 
No bull, no bear. Relatively passive market.
Futures are up. I am grabbing a couple things premarket when time comes. I'm dumping VZ and putting the $ into more OKE . Hell I even dumped Verizon as a cell service.
 
Futures are up. I am grabbing a couple things premarket when time comes. I'm dumping VZ and putting the $ into more OKE . Hell I even dumped Verizon as a cell service.
I will be dumping Verizon as well.
Edit. As my provider. Don't own stock in them, and don't plan to in the future.
 
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Right, I want my congress to close up the avenues the ultra wealthy utilize in massively reducing their tax burden. That could look like a lot of things. Maybe one of those things would be equity collateralized loans that are used for income being subject to income tax. Or maybe if you want cash to pay for your life when you don’t have a normal salary you just have to suck it up and sell stock to have cash and be subject to the tax burden just like the rest of us.

So it looks like we’ve come full circle to the first things SAJ and I posted on the matter

So I guess we now cue the chorus of how dumb those ideas are and I’m just jealous that im not rich Elizabeth warren yada yada and repeat the whole thing 🤷🏼‍♂️
I'm glad I don't live in Europe where the elites there like Klaus Schwab do jack shit while coming up with clever phrases like "you will own nothing and be happy".
Listening to Machron's latest speech, the French are going to own nothing and be miserable.
USA is still the best place for average working class people to make a good life for themselves in the world.
 
I'm glad I don't live in Europe where the elites there like Klaus Schwab do jack shit while coming up with clever phrases like "you will own nothing and be happy".
Listening to Machron's latest speech, the French are going to own nothing and be miserable.
USA is still the best place for average working class people to make a good life for themselves in the world.

that seems like an irrelevant point that is starting us around the same circle again.

so you do think i'm a commie?

you might be surprised who i've voted for in every presidential election since i could vote.
 
Futures are up. I am grabbing a couple things premarket when time comes. I'm dumping VZ and putting the $ into more OKE . Hell I even dumped Verizon as a cell service.
Overall, we are getting close to oversold. One more push and I will look to buy a little.
Strange call skew in VZ options. ATM Calls have imp vol over 20 and puts are at 17. If that stock didn't frustrate me so much the last 5 years I might be tempted. Maybe someone is dumping it?
 
Overall, we are getting close to oversold. One more push and I will look to buy a little.
Strange call skew in VZ options. ATM Calls have imp vol over 20 and puts are at 17. If that stock didn't frustrate me so much the last 5 years I might be tempted. Maybe someone is dumping it?
I am selling more from some personal experience and what I have seen other comment on with management. It seems VZ thinks their chit don't stink and they can charge higher rates for the same old same old. I had VZ stock on and off through the last 4 years and had them as a cell provider for 15 years but It makes me wonder if more people will switch to different providers if they don't get more competitive with rates
 
The September slump isn't a sure thing. There are some Septembers that have been great, but some have been really bad. With well over 100 years of data I just wouldn't expect September to be a good month as a general rule.

Sure if the Fed only does 50 basis points, if Russia withdraws from Ukraine, etc. there might be some good upward movement, but there is a reason September is the worst month, we just really don't know what it is. LOL.
 
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