Discussion ***Official*** 2024 Stock Market Thread 💰

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Dec 10, 2005
25,000
8,263
136

biostud

Lifer
Feb 27, 2003
18,625
5,306
136
The reason the bosses get a higher salary is amongst other things to make the hard decisions and take responsibility for who to lay off, not trying to force people out, that is just bad work culture.
 
Dec 10, 2005
25,000
8,263
136
The reason the bosses get a higher salary is amongst other things to make the hard decisions and take responsibility for who to lay off, not trying to force people out, that is just bad work culture.
Some companies are owned by nesting dolls of holding companies that only care about the bottom line and profit margins. So yes, sometimes it is just about forcing people out to make those quarterly numbers.
 
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Red Squirrel

No Lifer
May 24, 2003
68,356
12,571
126
www.anyf.ca
Silver and gold doing pretty good right now. Silver is at $39.77. Getting pretty good return on what I bought so far. Silvergoldbull is the site I buy most of mine from and it keeps track of my purchases so it's kind of cool to see.

 
Dec 10, 2005
25,000
8,263
136
Watching the Gamer's Nexus video on Intel at the moment, and I saw they have a 15% ESPP (no lookback). Not a bad benefit if you always opted to sell ASAP; however, it also shows the huge danger of using those programs as savings vehicles, considering they're laying off ~15% of their workforce (ie, your savings takes a dump simultaneously with your salary evaporating).
 

FelixDeCat

Lifer
Aug 4, 2000
29,569
2,247
126
Watching the Gamer's Nexus video on Intel at the moment, and I saw they have a 15% ESPP (no lookback). Not a bad benefit if you always opted to sell ASAP; however, it also shows the huge danger of using those programs as savings vehicles, considering they're laying off ~15% of their workforce (ie, your savings takes a dump simultaneously with your salary evaporating).
Considering you cant even buy their latest consumer version CPUs without fear of damaging them from normal use, I suspect that discount on the stock will be even greater - and you will no longer receive a dividend.

The last time I went AMD was 2001 and it was a horrible experience. The CPU died after a mild overclock, the motherboard had all sorts of bugs and issues because of the fucking terrible "VIA 4 in 1" drivers.

I swore I would never go AMD again. Ever!

Until now. Intel is untouchable unless you want to buy 12th gen only (two generations ago).

I was looking at this laptop and the latest AMD AI 9HX370 Cpu looks interesting:

 
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FelixDeCat

Lifer
Aug 4, 2000
29,569
2,247
126
Silver and gold doing pretty good right now. Silver is at $39.77. Getting pretty good return on what I bought so far. Silvergoldbull is the site I buy most of mine from and it keeps track of my purchases so it's kind of cool to see.

Gold almost seems to be in bubble right now, but the war on our fiat currency value by politicians and the Fed printing less and less valuable paper every second:



What is also interesting is that Silver is doesn't have that spiked "tail" like the Gold chart above. It should over $30 by now:

 
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Red Squirrel

No Lifer
May 24, 2003
68,356
12,571
126
www.anyf.ca
My company ESP is doing pretty well, it was low for like a year and I was in the red but I'm almost in the green now. I can use the money so I think I will cash it out very soon. I may even take a loss as that can help me with future gains to reduce taxes.
 

dullard

Elite Member
May 21, 2001
25,476
3,976
126
Looking good. By good I mean terrible.
Yes. All futures seem to be down. Crypto is tanking.

Starting to get quite interesting for those looking to buy in. I try not to catch a falling knife. But, I'll certainly be looking for the right time, maybe mid-week?
 
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dullard

Elite Member
May 21, 2001
25,476
3,976
126
^^^^

That percentage must be wrong. According to Marketwatch it's down 6% now.
Google's site seems to be wrong. I've edited it out. The graph was for the day but the percentage was for the week. But still, down 6% in a day is a pretty big drop for the Nikkei.
 

AdamK47

Lifer
Oct 9, 1999
15,501
3,209
136
Google's site seems to be wrong. I've edited it out. The graph was for the day but the percentage was for the week. But still, down 6% in a day is a pretty big drop for the Nikkei.
You were closer on your previous post. It's -10% now.

NASDAQ futures -690
 
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K1052

Elite Member
Aug 21, 2003
47,917
36,993
136
A modest Fed panic and an August cut would probably be a good thing right now. Everybody seems to think they are asleep at the switch and that's possibly right. Even a slight trim would tell the markets you're actually paying attention.
 

AdamK47

Lifer
Oct 9, 1999
15,501
3,209
136
I wouldn't rule out the fed wanting to dip their toes into a little bit of recession.
 

jpiniero

Lifer
Oct 1, 2010
15,108
5,665
136
If so, they should be fired. It is not their mandate.

Course propping up the Stock Market isn't in their mandate either.

I saw someone claim that the source of this selloff is a rate hike in Japan, causing JP traders to sell stocks to cover their losses because they were so overextended.
 

K1052

Elite Member
Aug 21, 2003
47,917
36,993
136
Course propping up the Stock Market isn't in their mandate either.

I saw someone claim that the source of this selloff is a rate hike in Japan, causing JP traders to sell stocks to cover their losses because they were so overextended.

Yes started by the BOJ but we already had the shakes over here that the Fed is going to miss their window, especially after the last unemployment report came in higher than expected days after they decided not to cut.
 
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