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the market: stocks, bonds, options, whatever

Wild week, lots of action

SPX was rejected again at 7000 as the Fed holds steady

META surges back over $700 on strong earnings

MU liquidations at $450 push price back to $420 range

speaking of $420... TSLA dives and holds steady above that level

also saw a good article summarizing what's happening with the dollar -


A weak dollar has always been part of the Trump agenda. “We have a big currency problem,” Trump said in a 2024 interview with Bloomberg. “Nobody wants to buy our products because they’re too expensive,” he added. After he began his second term in 2025, he said, “I will never say I like a low currency…but you make a hell of a lot more money with a weaker dollar.”

The logic goes that a weak dollar allows for faster economic growth and smaller trade deficits. Manufacturers such as Caterpillar that make more than half their sales overseas get more dollars when converting other currencies into the greenback. Companies like Nvidia and Micron Technology are in the same position.

But here’s the challenge: If the dollar slides too much, then the U.S. runs the risk of effectively importing inflation. Everything the nation buys abroad, from electronics to vehicles, becomes more expensive. Americans imported $348.9 billion worth of goods in November, $56.8 billion more than the value of the goods sold abroad.
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Sold ZSL at 2.13, +27%. Crazy drop in silver to make the weekly candle a huge red wick, so I should've probably held onto it but the etf decay is pretty high
 
Looks like it was the Fed Chair pick that did it

Gold and silver prices plunged Friday, as President Donald Trump’s nomination for the next chair of the Federal Reserve, Kevin Warsh, appeared to relieve concerns about the central bank’s independence
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On Friday, Trump named Warsh — who served at the central bank during the 2008 financial crisis — successor to current Fed Chair Jerome Powell.

National Economic Council Director Kevin Hassett had been the favorite to replace Powell for some time, but Warsh became the front-runner in prediction markets in recent days.

In a note on Friday morning, Evercore ISI’s Krishna Guha said the market was “trading Warsh hawkish.”

“The Warsh pick should help stabilize the dollar some and reduce (though not eliminate) the asymmetric risk of deep extended dollar weakness by challenging debasement trades – which is also why gold and silver are sharply lower,” the firm’s vice chairman said.

“But, we advise against overdoing the Warsh hawkish trade across asset markets – and even see some risk of a whipsaw. We see Warsh as a pragmatist not an ideological hawk in the tradition of the independent conservative central banker.”
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www.cnbc.com

Gold and silver tumble as Trump's Fed Chair pick Warsh seen as preserving central bank independence

Gold and silver prices plunged on Friday, following weeks of gains as investors poured money into safe havens.
www.cnbc.com www.cnbc.com
 
I'm still convinced somebody, or a group out there, is manipulating these prices to try to get rich.
When all that's going to happen is they get scammed.
 
Manipulating them downward to do a short term buy.
The dollar supply endless printing by the fed is catching up to these things and driving them up naturally.
But I think there's a hand in the mix to lower them in a short term, spikes, to get rich.
 
ions said:
But I think there's a hand in the mix to lower them in a short term, spikes, to get rich(er).
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250902-donald-trump-bruise-hand-01-cs-4dc4ba.jpg
 
Good time to buy gold stocks cuz they are tanking with the rest of the market.
I showed the government the bottom. They said they can go lower.
 
Left a lot on the table selling ZSL pre-market, oh well. What a bloodbath for SLV and AGQ
 
yeah I bought some stock just now. Hoping it was the bottom of a high it's at already.
We'll find out monday when the markets reopen.
 
I'm running out of things to invest in. because they're going bunk anymore.
patiently waiting for Electrum industries to launch.
 
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