The Rokslide Stock Traders Thread

[2531usmc]

I think this is part of transforming X (formerly twitter) into an everything app. News, shopping, banking, stock trading, etc. sort of an Amazon for everything.

Love him or hate him, but I would never bet against him

 

[eddielasvegas]

Risk-free 6% hell yeah

FDIC insured too. X will get some of my money at 6% and FDIC insured.


Eddie

 

[Ucsdryder]

FDIC insured too. X will get some of my money at 6% and FDIC insured.


Eddie

Kind of seems like a no brainer. Especially in the world today where the market is a crap shoot. 6% guaranteed up to 250k. Seems too good to be true but sign me up.

 

[Poser]

The US Navy informed shipping companies that escorts through the Strait of Hormuz are “not possible at this time”

https://www.reddit.com/r/worldnews/comments/1rq8eus/us_navy_tells_shipping_industry_hormuz_escorts

There are abundant Rumors that Iran is currently mining the strait. And a cargo ship was hit by a “projectile” and the crew abandoned ship. There are 2 shipping lanes, each are about 2 miles wide. A naval escort would require at least 2 ships each, but likely 3 with one of them being a minesweeper.

It would seem that this may be entirely impractical from a logistics standpoint. If a container ship or a tanker sinks in the strait, it could potentially lock a shipping up for quite some time, slowing or blocking traffic entirely. If there is an oil spill from a tanker, the entire strait would likely have to be closed.

In short: uncertain if the White House claims of the conflict being over “very soon” is going to have a meaningful or lasting positive effect on the stock market and an operational withdrawal at this point or at some point in the near future may not guarantee normal shipping logistics can resume. Since the markets don’t like uncertainty, don’t expect resolution anytime soon.