Anybody Buying Yet? Where’s the Bottom?

[PoleX]

Steaks all around! Closed a few positions myself for a quick couple grand. Still riding a 100 call through 3/20/26. Maybe it’ll keep going. I chimed in way above somewhere about PLTR. Been a fan for a while. Still am.

 

[schmalts]

Steaks all around! Closed a few positions myself for a quick couple grand. Still riding a 100 call through 3/20/26. Maybe it’ll keep going. I chimed in way above somewhere about PLTR. Been a fan for a while. Still am.
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Nice. I took some profits from it and bought more BYDDY

 

[Treeshark]

Futures pointing slightly higher this am.

Is it possible that we have made it through a Mideastern junket without any economically calamitous comments being made? Have I spoken too soon? Only time will tell.

 

[Deleted member 16864]

 

[Deleted member 16864]

https://twitter.com/x/status/1925020243430408506

 

[rogerthat]

https://twitter.com/x/status/1925020243430408506

It will pay for itself! You just have to believe!

 

[JAG]

It will pay for itself! You just have to believe!

I'm still disappointed and stunned that after all the rigmarole and drama over cutting, fraud, waste, and abuse under the guise of shrinking government, they've only expanded it.

A $1 trillion cut and an abscess of $4 trillion do not sound like a victory.

I'm also surprised that, after all the work and cover Musk did for Trump, all the EV credits are to be eliminated. I know he is a big pro-capitalist entrepreneur and boldly states he doesn't need the credits or subsidies, but that would have been an easy bone to throw him (or leave in/extend), especially since EV benefits were a blue party idea.

 

[SAJ-99]

I'm still disappointed and stunned that after all the rigmarole and drama over cutting, fraud, waste, and abuse under the guise of shrinking government, they've only expanded it.

A $1 trillion cut and an abscess of $4 trillion do not sound like a victory.

I'm also surprised that, after all the work and cover Musk did for Trump, all the EV credits are to be eliminated. I know he is a big pro-capitalist entrepreneur and boldly states he doesn't need the credits or subsidies, but that would have been an easy bone to throw him (or leave in/extend), especially since EV benefits were a blue party idea.

I’m sorry, but I have to chuckle at your surprise. You have been played. They just know you will still be there for them at the next election. Someone compared it to an abusive relationship and I have no comparison but it seems to fit.

As far as Musk goes, don’t worry. He will get more in government contracts for SpaceX than he loses in EV tax rebates. There is no money in cars, gas or EV. No money in actually making money, really. The money is in selling “the next big thing!”. That’s been the way of Wall Street for 30yrs now.

 

[Straight Arrow]

I'm still disappointed and stunned that after all the rigmarole and drama over cutting, fraud, waste, and abuse under the guise of shrinking government, they've only expanded it.

DOGE smoke and mirrors stunned you into foolishly believing "waste, fraud, and abuse" would be reduced by eliminating medical aid for the sick, support for the elderly, food for the hungry, strategic aid for third world nations, research for a better quality of life in the future, and many old clearly-proven governmental systems with relatively little waste ... all resulting in iincreasing the deficit to fund pet-theory projects and uber wealthy cronies. Manifestation of American Greed Again!

 

[JAG]

I’m sorry, but I have to chuckle at your surprise. You have been played. They just know you will still be there for them at the next election. Someone compared it to an abusive relationship and I have no comparison but it seems to fit.

As far as Musk goes, don’t worry. He will get more in government contracts for SpaceX than he loses in EV tax rebates. There is no money in cars, gas or EV. No money in actually making money, really. The money is in selling “the next big thing!”. That’s been the way of Wall Street for 30yrs now.

I may be disappointed and stunned, but I'm not mad. The whole deal is much bigger than you and me, so it just means there is more to the picture.

I still speculate that Musk's cut was insufficient to meet his goal because it came too close to lifting the skirts across the aisle.

 

[JAG]

As far as Musk goes, don’t worry. He will get more in government contracts for SpaceX than he loses in EV tax rebates. There is no money in cars, gas or EV. No money in actually making money, really. The money is in selling “the next big thing!”. That’s been the way of Wall Street for 30yrs now.

Perhaps a buy for SpaceX before it takes off? The fund ARKVX makes it indirectly available to retail investors (fund expenses are steep).

Then there's RKLB as an industry peer; stock value looks neat-o, but its financials are terrible.

 

[SAJ-99]

Perhaps a buy for SpaceX before it takes off? The fund ARKVX makes it indirectly available to retail investors (fund expenses are steep).

Then there's RKLB as an industry peer; stock value looks neat-o, but its financials are terrible.

I wouldn’t touch any of it. When you see no-bid contracts awarded in the current political environment, it is only a matter of time before things flip and someone takes a look. You can’t price anything. All that said, it would require Americans to get upset, which you say you aren’t yet.so

 

[JAG]

I wouldn’t touch any of it. When you see no-bid contracts awarded in the current political environment, it is only a matter of time before things flip and someone takes a look. You can’t price anything. All that said, it would require Americans to get upset, which you say you aren’t yet.so

Nicely stated, "you can't price anything". It sums up how these opportunities are an even bigger gamble than they seem on the surface. It's attractive since it seems like a good early-stage play, but your advice has me convinced.

As I read through the holdings for ARKVX, it baffles me how much money these bigwigs are throwing out. Happy to stay in my lane.

 

[SAJ-99]

Nicely stated, "you can't price anything". It sums up how these opportunities are an even bigger gamble than they seem on the surface. It's attractive since it seems like a good early-stage play, but your advice has me convinced.

As I read through the holdings for ARKVX, it baffles me how much money these bigwigs are throwing out. Happy to stay in my lane.

I heard last funding round made OpenAI worth $300B. Maybe an early stage company in terms of what it does, but the valuation is already way past that stage.
Also, the fee on that fund is OUTRAGEOUS. I wanted to say I think Cathy Wood is an idiot, but people pay that fee so she is obviously a genius.

 

[NDGuy]

 

[Redraider7]

Load up on Bitcoin, friends.

 

[SAJ-99]

While this makes me chuckle, I expect this volatility to get worse, again. This kind of stuff just leads to over-positioning one direction for the market and a more unpredictable policy, considering the source of that and all. But yeah, I guessed it was a matter of time before the market would figure this out.

The TACO trade is the new Trump trade. Here's what to know about the meme ruling the stock market.

There's a new stock market meme that's guiding investors as they navigate the uncertainty of 2025. It's called TACO: Trump Always Chickens Out.

www.businessinsider.com

 

[JAG]

While this makes me chuckle, I expect this volatility to get worse, again. This kind of stuff just leads to over-positioning one direction for the market and a more unpredictable policy, considering the source of that and all. But yeah, I guessed it was a matter of time before the market would figure this out.

The TACO trade is the new Trump trade. Here's what to know about the meme ruling the stock market.

There's a new stock market meme that's guiding investors as they navigate the uncertainty of 2025. It's called TACO: Trump Always Chickens Out.

www.businessinsider.com

Earlier, one of the biggest objections to this trade war was that Trump was to use it to make money and apply tariffs long-term. Then enter the Milton Friedman memes. The primary objective and goal keeps getting covered over and pissed on because the blue side first saw it as a problem and infamously never got it done.

The trade balance was a major problem and talking point spearheaded by Nancy Pelosi in 1996, who vehemently protested the state of unfair trade balances with the US. Sadly, the change never gained traction. I don't fault them for noting this and seeking to initiate change. I am comfortable with change and the long-term results it is expected to bring.

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This article reminds me of another spin tactic when Trump delays tariffs or lowers them is 'Capitulation'. For example: "Trump's threat on tariffs didn't hold as he capitulates to extend the deadline." This kind of spin ignores his goal of a better trade balance, increased job opportunities, such as advanced manufacturing, stateside, getting other countries to lower their tariffs on US imports to our levels, and permit the US to sell our imports in places they were prohibited in the past.

The average duration of trade renegotiations is 18 months. The tariffs were announced April 2, 2025 (the red side's spin, "Liberation Day"). It's been two months, what's wrong with you people?

What is the harm of seeing his tariff extensions as his acknowledgement of other countries being willing to negotiate in good faith? I think a component of the big picture is that we have a point in history where countries are lowering their tariffs, countries are talking, the President and Treasury Secretary are initiating these tough conversations, and changes are taking place.

 

[SAJ-99]

Earlier, one of the biggest objections to this trade war was that Trump was to use it to make money and apply tariffs long-term. Then enter the Milton Friedman memes. The primary objective and goal keeps getting covered over and pissed on because the blue side first saw it as a problem and infamously never got it done.

I think you misinterpreted my post, but I shall oblige. I still have a problem with Trump making money from this, but scammers gotta scam.
I know the primary objective , and you can certainly sit around hoping. I don't "cover it over", I (and most sane people) just don't see it happening. We are not making iPhone is the US. Not happening, regardless of how much he threatens Apple with a tariff. No one is paying $3500 for an iPhone. Not to mention we are not going to get the people on Medicaid currently only working 20hrs per week to suddenly jump in to a 40hr job making iPhones. There are certainly problems that we need to address, but the this isn't a solution.

This article below shows small hints that he is getting it, but just can't find a way out of the box he has built around himself.

Trump: America is looking to build tanks and computers not socks and T-shirts

China, with whom Trump has been locked in trade war for months, has been the world's largest apparel manufacturer and exporter for more than a decade.

www.usatoday.com

 

[LopeHunter]

I think you misinterpreted my post, but I shall oblige. I still have a problem with Trump making money from this, but scammers gotta scam.
I know the primary objective , and you can certainly sit around hoping. I don't "cover it over", I (and most sane people) just don't see it happening. We are not making iPhone is the US. Not happening, regardless of how much he threatens Apple with a tariff. No one is paying $3500 for an iPhone. Not to mention we are not going to get the people on Medicaid currently only working 20hrs per week to suddenly jump in to a 40hr job making iPhones. There are certainly problems that we need to address, but the this isn't a solution.

This article below shows small hints that he is getting it, but just can't find a way out of the box he has built around himself.

Trump: America is looking to build tanks and computers not socks and T-shirts

China, with whom Trump has been locked in trade war for months, has been the world's largest apparel manufacturer and exporter for more than a decade.

www.usatoday.com

Spot on.

Tooling for American manufacturing is predominantly sourced overseas. Subcomponents predominantly sourced overseas. American factory labor displaced by robotics as soon as is feasible.

A manufacturing renaissance in America is not a significant job-creator creator except during facility construction.

Labor-intensive manufacturing of durables is not coming back unless robotics is on a short track to displace workers.

Trade imbalance is not necessarily a bad thing. I have a significant trade imbalance with my favorite grocery store. I have seen that imbalance grow!! Action is needed!! Write Congress!!!