VanEck Semiconductor ETF
Yes I’ve been saying this for weeks. Inflation was an excuse for commodities and service market to do price discovery. IMO it’s why you experience these cycles every decade. And it makes sense. You get to a point where you’re buying some product and think “damn this is cheap” and then a year or two later you’re realizing you were getting away with murder. Then you watch some companies adapt their pricing and you see which ones have power to maintain their cost. Braums by my house? Still $4.33 for a breakfast meal. McDonald’s doubled their price. Aldi still sells toothpaste for $2.50, a Acadia for 80 cents. People keep saying “my grocery bill has exploded!!” But my phone bill is still the same. Gas has dropped 30% in a month. I’m making more money then I did last June by a very fair margin. My local restaurants haven’t updated their pricing. What im getting at is that things are wildly inconsistent and I think that everyone circle jerking PMI and CPI reports from the fed fail to realize that perhaps a barometer set and measured by a central agency that has been bought and paid for by corporate lobbyists would have some incentive to continue perpetuating the idea that we are forever fucked. That prices will continue going up, interest must be hiked, markets fall. It’s so you can justify a box of cereal that went from $1.25 to $1.50 to produce now costing $6 instead of $3 while you paper hand your 401k cause “I can’t keep losing more”. SMH.
Clinton changed that law to $15k around 1995. If you owe $15k or more to any state or federal agency your DL, any other licenses, permits, businesses licenses etc. they’re immediately revoked until you get that balance below $15k or go to court and get an exemption. It happened to me. I found out I had a 4 year old daughter. It was a crazy scenario. A letter from a state came with eh 7-9 other names on it all suspected of being the father. We had to submit to a blood test and I was the winner. In court my attorney presented a damn good set of arguments to keep my various licenses es and permits. They were calling it the “dead beat dad” law until it lost favor. You all wonder how I didn’t know.. well I was in the military TDY and on my last week. I met the lady had an amazing weekend. Ran out of protection said F.. it and left a few days later. Then 5 or so years later her case manager made her fill out that form of past potential fathers. She was on welfare, food stamps etc. in order to continue receiving aid she had too. I can’t imagine the embarrassment on her part.. that many guys in a 2 week timeframe. SMH But I have a beautiful adult daughter now that I couldn’t be happier to have!!
SMH these companies should have died in 2000 but we decided that the economy is a huge reflection of the president and congress in charge at the time. And so they all kicked the can. And here we are a month before a HUGE election and the question democrats have to be asking is: democracy worth it? Lol. Answer: yes, yes it is. We need fiscal relief. Monetary will not fix this it will just choose if we die by fire or drown.
Retail learned a lot during March 2020. Yeah I get it and I think most understand the environment is significantly different but why would anyone liquidate now? Oh no! I’m down 25%, better sell it all so I can rebuy as it rebounds and have an even higher cost average. SMH 🤦♂️
SMH. Really should learn some macroeconomics before you start trading again(Investing is different). The fact that England is doing QE (Quantitative easing) is a whole negative for broader markets.AND if you paid attention to commodities pricing during said pop which you felt inclined to sell on commodities shot up 2-3% across the bored which will result in higher inflation if said rally extended. England turned back on the money printer resulting in higher inflation and a weaker pound. Long term England will hit 20% inflation, short term they could rally as more money keeps getting pumped into their economy. The American Dollar will surpass the pound shortly. No way the USA fed will ease our planned interest rate hikes unless Powells 3 factors are met. Higher unemployment, Lower stock prices and I mean lower, and inflation heading back down to the norm of 2 to 3%
SMH you guys need to wake up.This chart right here shows you why the elite did what they did with covid and inflation. The dollar was losing power so everything’s that has happened and is happening n the last 4 years was all orchestrated on purposes. These people are geniuses and 10 steps ahead of everyone. This aren’t conspiracies. These are facts. Just look at that clean chart right here.
Every single year people love to say the “sky is falling” “here it is! This is the Big one!! this time its all gonna fail”. Most dont acknowledge that Capitalism has given humankind the very best standard of living in all of history; it has always had booms and busts & glitches along the way, Yet because of Capitalism we are living way better than people did 100, 200, or 600 years ago. Today The Poor people in capitalist countries are mostly obese, have airconditiong, plumbing, smartphones, Netflix & are busy twerking on Tik Tok. Yet people love to say capitalism is doomed and won’t work. Meanwhile their lives get cushier each year. SMH
My generation was when I had a phone, mounted to the wall, and a black and white RCA TV and this game called PONG. We read about a watch in Dick Tracy, that could have a TV on it. Well they weren't wrong. I can still remember when the NEXTTEL chirp was fricking mind blowing and the government couldn't track drug dealers so they got rid of the those phones in exchange for ones they could track. And now we have a surveillence state, the Queen passes, and nuclear war in Ukraine of all places. SMH
The negative carry on this is “priced in” to the call prices, so 3x the 5% call on SOXX will be worth more than the 15% upside call on SOXL. Options on leveraged products are tricky beasts and the MMs pricing them have some sophisticated models to price the carry reasonably and take much wider spreads to account for greater path dependency in the payoff, so you should expect to lose on transaction costs here more than e.g trading SMH, and unless you want to express an opinion on the path dependency rather than the level you’d be better off trading SMH.
Leveraged funds exaggerate tends. For example, if you think semis are going up 3 days in a row, you come out way ahead as opposed to buying SMH. If you’re in a market where we’re choppy, you’re better off being in SMH. Do you think we’re going to streak in one direction or another?
Same here. I can buy and hold but no way I am doing puts and calls. I’m putting a little money in tech like SOXL, TQQQ, SMH, and QQQM since the market is down. Even leveraged index funds is less risky than individual stocks.
I turned down a work contract for Montenegro two weeks ago. Really wanted it, spent easily 1.5 years setting it up. Now I’m feeling ok. Sad, but ok. No visa for Russian men meant a great deal of the exodus just immediately got on planes for Montenegro and Turkey. The whole thing has destabilizing ripples on the water that we have not even begun to understand or anticipate. Montenegro elections will be be different now. Only 600k national population is easy to move with such an influx. SMH. There’s a great deal in play now. It is quite serious as a turn in events. Best strategy is to send everything and anything to Ukraine and stop the slow trickle of support
Yes, I would only put a small portion of your high risk money on TECL/TQQQ, and then only during clear upward moves. The folks who want to buy and hold those don't realize that moving in and out is better. In terms of ETFS for the past five years, the only thing that outperforms QQQ are the XLK/VGT-type, then a bit better SOXX/SMH, then quite a bit better TAN/QCLN (solar/clean energy). For the middling term, I'll bet a lot on QCLN outperforming QQQ since it includes solar and clean energy and some of the best lithium companies. There currently isn't a good lithium EFT, otherwise that would top my near terms list. If you aren't familiar, you might enjoy the different ETF performance lists here, ranging from the past week to five years: https://etfdb.com/compare/
Not gonna collapse. SMH I’m currently on my next (3) developments and staging models for buyers selection. I always have them sold before they’re even built. Demand is INSANE supply is non-existent!!!!! I’ve been hearing this ever since #45 took office.. Nope.
you mean like orange man dropping insulin prices, then pedo joe kills that first day in office, now mid terms coming and he announces hes gonna cut insulin costs , SMH orange man was doing what they said they wanted to do for decades but didnt, so he shined a light on thier lazyness which of course makes them have to flip on issues, look at old issues with joe and others its clear as day
In high school I used to get gas for my truck for .89 per gallon and I remember everyone losing their shit when gas went over $2 a gallon when I was in college. SMH Todays kids will never know the joy of filling a vehicle up for $13 and driving around all weekend just to kill time. Of course you had to watch out for dinosaurs eating your ass when you were at the pumps but things were cheaper!
I knew I wasn’t trippin at the prices, I just didn’t think it was the cartels inflating. I thought it was Covid after effects. Well we’re screwed bc limes are pretty much the base ingredient in the different recipes from my country. From washing meat with lime juice to squeezing lime juice with honey, aloe, and onion to help with my congestion’s when I have a cold or a teaspoon a day keeps the sickness away. SMH. Time to log off the internet today.
SMH and CIBR. We might see the first war over semis soon with what's going over Taiwan, that's how important they are right now. And in the digital age, cyber security isn't going anywhere. I know both sectors ran a little hot, but I have a lot of time.
I have been scrolling this god damn thread all evening. There are currently 192 motherfuckers hanging out in here. Yet, I don't see a single comment about Becky Quick. COMPLETE...AND...UTTER...BULLSHIT!!! Do I have to do everything myself? SMH.
I think semis are going considerably lower for a bit. See no reason the trend will end when you consider the macro situation. Think we will see the semi names/SMH test their Jan 2020 lows in OCT/NOV before meaningful bids come in. IF this is a secular bull market in a normal downturn as some believe- semi’s lead the way back up.
Socialism: You pay for me and I’ll pay for you. Everyone works together. But you show up late, call in sick once a week, and take 30 minute shits. It’s ok, I’ll just pick up some of your slack for the greater good. Turns out I pay for your urologist appointment as well. SMH
Lol SMH you are delusional. It a growing company dumbass and it's push down by dark pools ftds spoofing blue sheets. You see how the spoof the Gold market lol this whole market is delusional. You make no sense and bbig #5 gamma squeeze mofo now is a short squeeze play and a growth company. Rome wasn't build over night. Go support your market maker and buy otm calls and get halted up and get drop down 25%with no halt lol
FARK, i haye it when people mention Jaegermeister. It is so traumatic for me. and i always look like an asshole, deservedly so. Breathe. inhale. Do what's right... I think everyone knows about that time I rolled a BMW 500 series at 110 MPH on a 35 MPH curve. There was nothing that day 35 years ago to make me proud or boast. I made a covenant with the cop who drove me home to always do better and never be that stupid again. **I am not a fan of Jagermeister**, I have seen what it does to cowboys, and myself, when I'm with them. So many cows could have been compromised, who were essential to the local economy, in the herd i let loose by wrapping my car in barbed wire and coming to a stop some 500 yards from the road. I remember threatening the hitchhiker i had picked up, with his life, and telling him if he said word without my authority i would kill him. We both knew i meant it in that moment. Shameful. Why would you ever tell someone you would kill them? why would you ever be so fiercely dominating that they believed you? Lowest point of my life, I tell you. I told him to hold his head in his hands, look at the ground not look up and let me do the talking. So not proud. Violent vicious fear based behavior. I understand perps. I go into war zones because in a weird way, I get it. Thirty seconds can make you a perp. Never forget that. I do humanitarian work with refugees now, but it only takes 30 seconds of idiocy to cross that line. Not everyone who crosses that is a perpetual bad person. I remember the two teenagers' parents showing at the scene of the accident up before the cops and ambulances and me falling to my knees, begging for their forgiveness. I broke those kids' dooley axle. Thank heavens they had a beast of a truck to withstand my head on assault on that curve. I made it right before the ambulances and cops showed up on road i had driven for years before it was paved. Everyone walked away. The thing we, none of us, ever said out loud, was that every one should have died. The cop came to our ranch six weeks later and gave me a ticket for 65 in a 35 zone. It was the max without me losing my license. He also mentioned science and skid marks, just to let me know I had ONE chance to make it right and he had cut me a break. Wouldn't have happened unless I was a white woman whose parents were some of the largest landowners in the county, ...home from college. SMH. I gathered my library books, scattered in the desert for a mile, and completed my college degree while I picked gravel out of my scull from the open sunroof for six months. I never type on a keyboard without being acutely aware of all the scar tissue on the back of my hands because the sunroof was open and the roof collapsed onto the steering wheel, crushing my hands, and to my non-deserving credit, I never let go of that steering wheel, even though I was upside down at least six times and flying though space for 50 yards in at least eight potential rotations/rolls. THIS is why i am loyal to used BMWs, this is why I never glorify drinking. I always have fun, and enjoy meeting people, but I never 'enjoy' alcohol personally since that day. I never sit in judgement, but I promised to tell my pathetic truth so the people who miraculously lived that day would know I would never come close to killing anyone's children again. Sigh. So not pretty, right? Rather ugly. I might as well have killed all those people that day. I was lucky. Not fortunate, but lucky. I will most likely never get a second chance for a positive outcome. Therefore, I have never squandered their faith in me that day, and I always tell their story of how I abused them and I always speak my truth. I no longer enjoy alcohol, personally, but i do remember its effects. And I'm sorry buddy, but Jaegermeister is a trigger for me. Everyone will always find their way. but my way and my path had certain hard forks and I made certain promises to certain people. I can assure you, all parties are fun, and you will always have a sister like me to show you a good time in the way that makes life better ;). I remain fierce and fun, just a little uglier for the stain on my soul. Soft smile.