Now that has a potential to move markets... really first major reading since cpi/ ppi

What are your thoughts for PCE reading Friday?

I thought fed said they’d continue to insure over 250k at banks whose failures might hurt the economy (too big to fail). I’ll bet the big banks with all their political control are sure their money falls in that category. If nothing else, their massive deposits brought FRC into that category.

It’s WallStreetBets, bro. You can’t expect to take anyone serious here anymore. They only care about their 0dte SPY calls that expire worthless.

r/stocks or r/ValueInvesting is where you wanna be.

FL a weird one, they have buyback authorized for like 30% of shares outstanding but they don’t actually have nearly that much cash on 👋

Cramer just turned bullish on them today so naturally i bought puts, im assuming some bad news is imminent. I will cover on the bad news tho, there is a very real floor to this not far below these prices (maybe 30 to 50%)

Wow …. I found the brain I wish to follow. Lead me.

Back to the always dependable levered gold miners. Solid

Where are you pulling this number? 50,000 employees? What departments? Which employees? Do you even understand the logistics that must go into layoffs to ensure it’s a good move for the business? Do you even understand the amount of money that is spent researching that data before they even come to a decision?

50,000 people out of a job for what? I agree that “trimming the fat” occasionally is completely necessary, if not, mandatory for a business to succeed, but you can’t just look at it like it’s a singular data point. “Well on average the employees there make $100,000/yr so if we cut 50,000 jobs we’ll be up $5,000,000,000 a year in revenue!” Has too many fallacies and oversimplifications to comment on.

There are a lot of other, more effective measures a business can take on such a massive operational scale to cut costs.

3630 bought puts 4060 sold calls

Unemployment number has several categories. U3 is what's commonly reported in the news and looks at people who are unemployed and looked in the past 4 weeks. U6 doesn't include that time restriction, includes people who've given up looking either cause they are discouraged or have left the work force but plan to come back at a later date, and includes part time workers who want full time work.

Thank you

Yes my risk to reward wasn't as good as spy

No, that's a hyperbole. They need to shed atleast 50k more to trim the belt. They are still massively bloated compared to their FAANG peers.

I’m just wondering what his deal really is. Is $15k such a small amount of money to this person that they wouldn’t even bother reading the rest of the post (which had nothing to do with my position anyways, I was just doing that to cooperate with the rules of the Sub)

Or maybe they’re just so bad with their ADHD that two paragraphs is simply impossible to sit through.

All in all, it’s really sad because I know for a fact that they did read the entire post, they’re just trying to seem snide and witty, at my expense. It’s sad we can’t just have a discussion.

My running shoes are a legit weapon of mass destruction. Mobile chemical warfare fr.

He can’t count past 150

Their deposits aren’t insured. Less risk than being a shareholder (in the meantime) but definitely not zero risk

OP sniffing stinky shoes

U6?

Yes.

Generally see some bigger red opens on quarterly

I entered 400p but i bought 30dte just in case

Unemployment on its own though doesn’t tell You the full picture.

Shifting demographics can cause labour force participation to be lower which would keep the unemployment rate low as well.

Much higher. I'll dig up the info for you. There were multiple ways the calculations changed.

I thought them mfs was busy