Welcome home, fellow Gator.

The Gator Nation's oldest and most active insider community
Join today!
  1. Hi there... Can you please quickly check to make sure your email address is up to date here? Just in case we need to reach out to you or you lose your password. Muchero thanks!

Dow futures collapsing

Discussion in 'Too Hot for Swamp Gas' started by okeechobee, Aug 4, 2024.

  1. NavyGator93

    NavyGator93 GC Hall of Fame

    1,963
    759
    2,663
    Dec 4, 2015
    Georgia
    What name was he using when he posted about the Matt Blevins victory party?
     
  2. WarDamnGator

    WarDamnGator GC Hall of Fame

    10,850
    1,357
    1,718
    Apr 8, 2007
    LouisvilleGator, I think, something like that.
     
  3. docspor

    docspor GC Hall of Fame

    5,868
    1,859
    3,078
    Nov 30, 2010
    I really don’t think okee is Louisville.
     
    • Agree Agree x 1
  4. BigCypressGator1981

    BigCypressGator1981 GC Hall of Fame

    6,707
    1,374
    3,103
    Oct 11, 2011
    In all the years I’ve been on this board I’ve never seen such consistent selfing from a single poster. From the victory party to some of his earliest takes in the covid thread to the 2022 mid-terms - he is prognosticator extraordinaire. I can’t tell if it’s delusion or trolling at this point.
     
    • Agree Agree x 1
  5. GatorNorth

    GatorNorth Premium Member Premium Member

    17,374
    8,128
    3,203
    Apr 3, 2007
    Atlanta
    seems posters whose username starts with the prefix "louis" have elevators that don't go to the top floor......

    Back to the point of the thread = FAIL
     
    • Funny Funny x 1
  6. NavyGator93

    NavyGator93 GC Hall of Fame

    1,963
    759
    2,663
    Dec 4, 2015
    Georgia
    Looks mostly like trolling. No one can consistently be that ignorant. He's like the guys on here that just carpet bomb neg ratings that don't make sense. Desperate cry for attention, maybe some self worth issues.
     
    Last edited: Aug 9, 2024
    • Agree Agree x 2
  7. mdgator05

    mdgator05 Premium Member

    16,244
    2,096
    1,718
    Dec 9, 2010
    So, let's look at weekly performance.

     
  8. okeechobee

    okeechobee GC Hall of Fame

    10,828
    1,419
    678
    Sep 11, 2022
    There really hasn't been any solid economic data released since Wednesday, other than the jobless claims numbers which beat expectations by a few thousand. But weekly jobless claims ebb and flow. Markets generally don't go in one direction forever. I would caution to wait until we get some more data released next week before acting like we're out of the woods. The data overall the past two weeks has been pretty bad. Bad enough that most people on Wall Street are predicting a half point Fed cut in September. A half point cut would indicate the Fed sees the potential for things to get worse.
     
    • Funny Funny x 3
  9. mdgator05

    mdgator05 Premium Member

    16,244
    2,096
    1,718
    Dec 9, 2010
    Bloodbath of 0.04%!
     
    • Like Like x 1
  10. ETGator1

    ETGator1 GC Hall of Fame

    16,006
    1,846
    808
    Apr 3, 2007
    I don't see a rate cut in September unless the target is reached in July, August, and September numbers up until the Fed meeting.

    Those on Wall Street are like screaming babies who haven't gotten their way on 6 rate cuts over the last 1 1/2 years. They can't even fake a correction in the stock market even though one is overdue.
     
  11. BigCypressGator1981

    BigCypressGator1981 GC Hall of Fame

    6,707
    1,374
    3,103
    Oct 11, 2011
    There will 100% be a rate cut in September. Happy to wager.
     
    • Agree Agree x 1
  12. ETGator1

    ETGator1 GC Hall of Fame

    16,006
    1,846
    808
    Apr 3, 2007
    Wager, like I'd trust a lefty to pay up.
     
  13. BigCypressGator1981

    BigCypressGator1981 GC Hall of Fame

    6,707
    1,374
    3,103
    Oct 11, 2011
    [​IMG]
     
    • Agree Agree x 1
  14. okeechobee

    okeechobee GC Hall of Fame

    10,828
    1,419
    678
    Sep 11, 2022
    A few days ago, I read 75% of money managers on Wall Street are predicting a half point cut in September. They are usually pretty spot on with that.. especially when it's >75% of them. This isn't a poll of what they want, rather what they think will actually happen for the purposes of investing, etc.
     
    • Agree Agree x 1
  15. vaxcardinal

    vaxcardinal GC Hall of Fame

    7,537
    1,120
    2,043
    Apr 8, 2007
    Thanks Joe
     
  16. ETGator1

    ETGator1 GC Hall of Fame

    16,006
    1,846
    808
    Apr 3, 2007
    Nope, don't agree. The majority has been calling for cuts since July 2023. They have yet to be right even one time. I think they will be wrong this time too unless inflation makes direct strides south to the 2.0% target by the Fed's September board meeting.

    I read somewhere the other day, wish I had saved it, that the market sells off way more often than not after the first rate cut. If I owned stocks, glad I don't, I'm not so sure I'd want current rates being cut unless there are significant employment pressures to justify it. So far, that has not materialized. I'm in the soft-landing camp.
     
  17. ursidman

    ursidman VIP Member

    14,332
    22,642
    3,348
    Sep 27, 2007
    Bug Tussle NC
    Don’t dash his hopes so cruelly
     
    • Funny Funny x 2
  18. VAg8r1

    VAg8r1 GC Hall of Fame

    21,422
    1,779
    1,763
    Apr 8, 2007
    One of the few times that we are in agreement. A rate cut in September is a virtual certainty and a half point is a reasonable prediction.
     
    • Informative Informative x 1
  19. NavyGator93

    NavyGator93 GC Hall of Fame

    1,963
    759
    2,663
    Dec 4, 2015
    Georgia
    • Informative Informative x 3
  20. citygator

    citygator VIP Member

    12,015
    2,625
    3,303
    Apr 3, 2007
    Charlotte
    • Funny Funny x 2