OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[biggie62]

Market could not stay open for 2 minutes before hitting the first circuit breaker after already opening limit down.

Kyle Bass says we are still a month away from “peak virus”

Wonder how all the cnbc idiots preaching for viewers to buy at all time highs are doing.

You mean the ones at noon who in early January said to buy into 19.3 forward earnings because things are cheap? yea I was shaking my head when they were saying that.

 

[shibadekobe]

 

[southernhospita]

Option writers made my calls worth something I guess they expect a good swing up
We shall see what happens though

 

[shibadekobe]

 

[HNL HI]

is the robinhood app cooked again? trash

 

[wballz]

yup

 

[shibadekobe]

Waiting on Kudlow to give the all clear for Rip Your Face Off Rally 2.0

Fed to step up cash injections for banks to guard against market pressure

The New York Federal Reserve said Monday it will increase the amount of money it is offering to banks for their short-term funding needs

www.cnbc.com

The New York Federal Reserve said Monday it will increase the amount of money it is offering to banks for their short-term funding needs.

As part of its continuing efforts to make sure the funding, or repo, markets are working properly, the central bank said it will up the amount it offers in overnight operations from $100 billion to $150 billion through Thursday.

In addition, it will increase the two-week repo operation offerings from at least $20 billion to at least $45 billion.

Repo operations involve banks posting high-quality collateral like Treasurys in exchange for operating cash.

 

[southernhospita]

Robinhood is the Eastbay of brokerages


and I mean early 2000 eastbay crash eastbay

 

[shibadekobe]

WHITE HOUSE HAS INVITED TOP WALL STREET EXECUTIVES TO MEET THIS WEEK ON CORONAVIRUS -WASHINGTON POST





PAMP IT!!!

*ban short selling
**ban selling
***Long only

 

[shibadekobe]

 

[tay1]

Stimulus huh

 

[tkthafm]

 

[superantigen]

Even as his administration continues to bungle up its response to COVID19, watch as ThePrickofTheUnitedStates shamelessly gives Wall Street a bailout, on some Obama did it, so can I, BS logic.

We are so ******...lol


...

 

[Chopper]

Entered some limit buys today but they didn't fill. Should be a very interesting month.

I've never bet on the VIX. Is it the easiest money every right now? Someone put me on.

 

[Brownstone]

Wow, just realized deregulation happened last week with the banking sector. Well played Wall St. Well played.

Regulators Move to Ease Post-Crisis Oversight of Wall Street (Published 2019)

The actions by federal regulators come as part of a broader deregulatory push by the Trump administration.

www.nytimes.com

 

[southernhospita]

Entered some limit buys today but they didn't fill. Should be a very interesting month.

I've never bet on the VIX. Is it the easiest money every right now? Someone put me on.

mite a form of hedging in the market
So if SPY falls it goes up

to put int in perspective UVXY is in that same category and it was under $13 two weeks ago it’s now $46

 

[kdawg]

I’ve never owned a stock but I’m thinking that now might be a good time to change that?

 

[Betonblck]

I’ve never owned a stock but I’m thinking that now might be a good time to change that?

Not yet, still way too early.

 

[Brownstone]

I’ve never owned a stock but I’m thinking that now might be a good time to change that?

Considering you are 20% richer for holding out the past several months yes.

For long term no time like the present considering:

1. You have only good debt ie student loans/mortgage

2. You have an emergency fund (generally 6-12 months of savings)

 

[sharpshooter718]

Y'all thought this wasn't coming... We're going back to 18k by eoy

 

[southernhospita]

Y'all thought this wasn't coming... We're going back to 18k by eoy

What’s going back to 18K

 

[johnnyredstorm]

What’s going back to 18K

Bitcoin.

dude just makes outlandish claims and hopes they stick.

futures are bid on the idea of payroll tax cuts and bail outs for the airlines and cruise lines

 

[ps2child]

GameStop appoints Reggie Fils-Aimé to board of directors

Reggie Fils-Aimé is joining GameStop's board of directors as part of an effort to overhaul the company. He will provide expertise in retail and more.

venturebeat.com

Former Nintendo president Reggie Fils-Aimé now on the board of directors.
Hmmm. This looks interesting. Will be eyeing their stocks.

 

[Betonblck]

futures are bid on the idea of payroll tax cuts and bail outs for the airlines and cruise lines

That's not a positive for the market if the sense is that things are so bad a payroll tax cut and bailouts are needed.

 

[johnnyredstorm]

That's not a positive for the market if the sense is that things are so bad a payroll tax cut and bailouts are needed.

Markets are fried man. We need to come down another 10-20% to press reset.