The Rokslide Stock Traders Thread

[noisy]

So you're saying Trump didn't think it through? I'm shocked. Shocked!

 

[Poser]

So you're saying Trump didn't think it through? I'm shocked. Shocked!

What’s interesting is that This is actually Bernie Sanders legislation.

https://www.congress.gov/bill/119th-congress/senate-bill/381

 

[noisy]

What’s interesting is that This is actually Bernie Sanders legislation.

https://www.congress.gov/bill/119th-congress/senate-bill/381

Bernie and AOC right? Trump trying to buy the midterms by pretending it's his idea. Affordability! Lol.

 

[Beendare]

I think that "Financial Cents" guy is right on the money- thx for posting @Poser

 

[LFC911]

S&P is over 7k in after hours trading

 

[2531usmc]

Where do you find after hours trading data? Thanks

 

[Ucsdryder]

Where do you find after hours trading data? Thanks

Google: Stock futures

 

[HuntHarder]

Maybe I am just real bad at it, but I caution anyone on actually trading pre and post market. I got my ass handed to me a couple years ago trying. Lots of artificial pumping and dumping in my opinion.

 

[LFC911]

Maybe I am just real bad at it, but I caution anyone on actually trading pre and post market. I got my ass handed to me a couple years ago trying. Lots of artificial pumping and dumping in my opinion.

I'm not trading after hours, i just saw on yahoo finance ticker feed https://finance.yahoo.com/

 

[LFC911]

Bought some CC Stocks at a discount today, No way 10% CC rates are going to fly.

 

[NDGuy]

Is this happening or is saying he will push for it?

The cynical side of me says that CC companies will weather the storm for a year knowing that people will spend, carry balances and at the end of that one year, they will just slap them with 30% rates.

I mean you can't just demand private businesses to lower their rates lol this is nonsense until it's actually passed by congress.

 

[CorbLand]

I mean you can't just demand private businesses to lower their rates lol this is nonsense until it's actually passed by congress.

Even if congress passes it, it would be nonsense. Would open a can of worms that could have some serious consequences.

 

[Baddog]

I mean you can't just demand private businesses to lower their rates lol this is nonsense until it's actually passed by congress.

I’m not saying it’s not nonsense but the government demands all kind of nonsense from private businesses…

 

[Ucsdryder]

I like discounts but trump seems to have a way of getting what he wants. At least temporarily.

 

[Poser]

Purely based on the fact that this admin undid consumer protections capping bank overdraft fees as well as consumer protections for medical related debt, I don't perceive this initiative as being much more than Trump's typical "throw ideas out there, see what sticks, and then keep talking about it if his base responds" talking point.

From a purely macroeconomic stability standpoint, student loan forgiveness stimulates the economy (more spending, home buying) more than capping credit card interest rates at 10%. If the goal is purely macroeconomic stability, then that is a more logical starting point. If the goal is consumer protections, then let's revisit bank overdraft fees and medical debt. If the typical rebuttal to student loan forgiveness of, "they knowingly signed up for it, they should repay it" still applies to student loans, then the same applies to credit card interest rates.

If credit limits are slashed or cards are cancelled to mitigate bank risk, total purchasing power in the economy will shrink and GDP growth will slow. Borrowers who lose access to credit cards will turn to unregulated lending markets such as payday loans, which are not capped and there has been no mention of capping. Or, they simply lose the ability to smooth consumption during emergencies. The unintended consequences here could spiral dramatically. Affirm may do well, though.

Also, not 4 weeks ago, Trump was saying that the Affordability Crisis is a Democrat hoax. So is this talking point an admission of a affordability crisis? It sure seems to acknowledge "survival debt", it absolutely breaks with "free market" practices, and suggests that the "American Dream" math is currently broken, which stands in contrasts to the economic claims issues in the weekly White House emails I receive and read.

By proposing a drastic intervention like a 10% cap, which is below the current prime rate plus standard bank margins, the campaign is signaling that they understand the average voter is not just "worried about inflation" but is actively insolvent due to debt service costs.

 

[Beendare]

One of the guys I follow is Dan Ives of Webush. He has been pretty accurate in the past when it comes to where the tech industry is going. Here is his predictions he came out with in December for 2026, note the 3rd one just came true today- that didn't take long- grin. [my cut and paste changed the formatting on this from his original list]
HERES his post on X

1. Tech stocks will be up over 20% in 2026 as the 2nd/3rd/4th derivatives around the Al Revolution take shape across software/chips/infrastructure.
2. Tesla will successfully launch Robotaxis in over 30 cities in 2026 and start to scale volume production of Cybercabs starting the true autonomous era for Musk & Co.

Our base case for Tesla is $600 and bull case is $800.

1. Apple and Google will announce a formal Al partnership around Gemini that will finally cement a real Al strategy for Cupertino. This will ultimately be a subscription service launched in the Apple network and lead to Apple achieving a $5 trillion market cap in 2026.
2. The best Al infrastructure acquisition candidate is Nebius in our view and this company gets acquired by a hyperscaler in 2026 with Microsoft, Alphabet, and Amazon the likely buyers.
3. Cybersecurity sector is one of the best outperforming subsectors of the tech landscape (expect M&A) with Crowdstrike and Palo Alto our favorite cyber names.
4. Oracle successfully builds out its datacenter targets, starts to convert its massive RPO Al backlog and hits $250 per share in 2026 despite the dark negative sentiment on the stock today.
5. The Trump Administration makes an equity investment in a quantum company (lonQ, Rigetti top candidates) given the potential national security component to this technology vs. China.
6. Microsoft hits its sweet spot in 2026 as more enterprises accelerate their Al strategic paths with Azure and Redmond. We see Microsoft as the top outperforming cloud software name in 2026.
7. The Godfather of Al Jensen and Nvidia continue to be the dominant Al chip in the world and get further access to the Chinese market through US/China trade negotiations. The Street continues to way underestimate the demand drivers for Nvidia in 2026 with our $275 bull case for the stock.
8. Palantir will expand its commercial Al success in 2026 with AlP and be one of the leaders of the software being front and center in the Al Revolution in 2026 g its way to a $1 trillion valuation over the next 2 to 3 years

 

[Beendare]

By proposing a drastic intervention like a 10% cap, which is below the current prime rate plus standard bank margins, the campaign is signaling that they understand the average voter is not just "worried about inflation" but is actively insolvent due to debt service costs.

I think you bring up good points. The president cannot just change CC interest rate- Everyone including the market and Trump knows that. Some of it is political bluster [which we need less of]...but it's also a way to put pressure on these companies like- "We see you and we don't like it" which is a good thing.

It not only gets the CC companies reevaluating their policies...but it makes people more aware. Heck, I had to point it out to one of my nephews he was getting slaughtered on interest by just paying the minimum payment and letting the balance ride. I think a lot of people never evaluate their statements.

 

[Crowmangler]

I've always been taught that the best way for people to learn is to let them face the consequences of their own decisions. This applies to almost everything in life including credit card purchases, student loans, crazy girlfriends, etc. Our society would be better off long term if the government would stop trying to save people from those consequences.

 

[CorbLand]

I've always been taught that the best way for people to learn is to let them face the consequences of their own decisions. This applies to almost everything in life including credit card purchases, student loans, crazy girlfriends, etc. Our society would be better off long term if the government would stop trying to save people from those consequences.

I don’t disagree with this but we have a history of not doing that.

2008 we bailed out banks and automakers. 2020 we bailed out businesses. At least with this “bailout” it would go directly to consumers and not just line the pockets of CEOs.

 

[Duckhunter14]

I’ve been contemplating OKLO as well. They have some momentum and with the recent deal with Meta, more funding. But still a long ways from a final product. I bought some Nuscale a while back, tough to say which SMR company will be the first to the top, but there’s a lot of pressure for nuclear. That sector has been very interesting to me for several years now. Interesting to see where it goes with all the desire for cheap and clean power with AI and data centers popping up all over.