The Rokslide Stock Traders Thread

[Poser]

1) Fed agency DEI hires that were doing nothing....good riddance. So you think we should be paying these people for doing nothing?

2) Businesses streamlining due to efficiency gains- be it AI or something else. Typical TDS'er blaming that on Trump. We have seen it with automation and other business efficiencies for a hundred years. . Personally, I think a lot of the middle management and lower minion jobs will go away once AI hits its stride. I will be investing in the companies that are taking advantage of these efficiencies.

Typical Trump devotion syndrome here with an utter failure to hold him or is administration accountable for anything.

Your assumptions are off about these layoffs. First of all, Trump's own admin expected to add 50,000 jobs during this period. Store, unit, or departments closings was the top reasons for layoffs. Market and economic conditions followed second. Third was restructuring. and, at 5,636 jobs, was planned layoffs.

AI was credited for 4,680 job cuts of the 92,000.

The manufacturing sector is dumping jobs like crazy. 12,000 US manufacturing jobs lost in February.

The numbers are available if you want to cross reference any of this and they are not inline with what you typed above. Furthermore, these numbers have not been adjusted yet so we should expect that the final report will come in worse.

 

[CorbLand]

My cousin works for a farm equipment manufacturer. Google says they are 220-500 employees which I didn’t realize they were even as big as that lowest number. They just layed off 75 workers.

 

[eddielasvegas]

My former employer (ACI) laid off 400 corporate staff roughly split between CA and AZ.

IIRC, there is about 3000 non-store employees so a decent percentage of the RIF pool.


Eddie

 

[MThoundhunter]

Picked up some more MSMGF and PWRMF this week. Lots of stocks on sale right now, see what happens next week.

 

[Ucsdryder]

Picked up some more MSMGF and PWRMF this week. Lots of stocks on sale right now, see what happens next week.

Maybe. I’m holding cash right now. Maybe I’ll miss out, maybe they’ll go further on sals, or maybe that cash will become more important….

 

[NDGuy]

More well paying white collar layoffs

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres | Company Business News

Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.

www.livemint.com

 

[eddielasvegas]

Tomorrow could be fugly.

Asia markets will open this afternoon and that should give us an idea.


Eddie

 

[eddielasvegas]

Look at major index futures and price of oil just now. Doh!


Eddie

 

[BBob]

Look at major index futures and price of oil just now. Doh!


Eddie

Yeah, they all be a popping!

 

[Ucsdryder]

if you had an extra 80k would you toss it in immediately, track the market and world events closely and add at the “bottom”, or keep the cash in case…

 

[Brock A]

if you had an extra 80k would you toss it in immediately, track the market and world events closely and add at the “bottom”, or keep the cash in case…

Dollar cost average it over the next year or two...if it were me.

 

[2531usmc]

if you had an extra 80k would you toss it in immediately, track the market and world events closely and add at the “bottom”, or keep the cash in case…

Put in the 80k into the S&P 500 in 6.66k increments on the first of the month for 12 months.

You will catch the down draft, the bottom, and the upswing. A year from now this will just be a memory.

As a small, private, investor you will only find the bottom in retrospect.

 

[LFC911]

all of my stocks except defensive and oil are down ~3% in after hours trading.

 

[CorbLand]

if you had an extra 80k would you toss it in immediately, track the market and world events closely and add at the “bottom”, or keep the cash in case…

I think the uncertainty with the whole Iran deal will continue to push most things down for a bit. Then the question will be if it was an overreaction or not.

I would probably put it in a HYSA and do weekly buys of an ETF. Spread it out over a year or so.

 

[MuleyFever]

if you had an extra 80k would you toss it in immediately, track the market and world events closely and add at the “bottom”, or keep the cash in case…

Set up automatic weekly buys.

 

[eddielasvegas]

Double doh!


Eddie

 

[Pharmseller]

It’s a great time to be 25 and investing 28% of your pretax income.

 

[MountainTracker]

I think the uncertainty with the whole Iran deal will continue to push most things down for a bit. Then the question will be if it was an overreaction or not.

I would probably put it in a HYSA and do weekly buys of an ETF. Spread it out over a year or so.

Yep, I saw projections of $150 a barrel by the end of the month. Thats going to cause issues across the board/world, pushing the market down. The only thing that can been done is print. We haven’t seen it bottom yet, if for whatever reason Iran surrenders then the market will bounce back up.


Sent from my iPhone using Tapatalk

 

[eddielasvegas]

Well, the below gives a ray of hope for ugly in a few hours instead of fugly like my last post of this info indicated.


Eddie

 

[2531usmc]

Im not a betting man, but if I was I would be betting this week and next week is the max hysteria for oil prices.

XOM had a huge run up before the war started. With the start of the war, XOM has trended up but nothing spectacular like you would think. My guess is the market is already pricing in demand destruction.

And if I was a betting man, I would be putting in some XOM shorts.