|
Well the retirement portfolio looks like poo poo but the gambling one is getting pretty interesting. Hello there Mr. 3x Inverse S&P ETF.
|
#
?
Mar 16, 2020 02:35
|
|
|
|
| # ? Jun 7, 2024 03:21 |
|
|
This is probably the quid pro quo for the Fed saying you don’t have to keep any reserves for the time being... https://twitter.com/cnbcnow/status/1239320269598134274?s=21
|
|
#
?
Mar 16, 2020 02:47
|
|
|
Be really careful guys, this is a very short term but severe disruption and it will be very difficult to trade this market correctly over the next month or two. We know what the virus is at this point, its no longer a mysterious unknown. You can argue whatever you want about “well china shut everyone down” “well south korea tested more” but it really doesn’t matter because its basically stopped spreading in both places. It is following a very typical viral outbreak curve. Yes, it might yoyo a bit, but this isn’t apocalyptic. The only real question now is just how incompetent is the trump admin? Just how poorly can you possibly handle this disruption? Just don’t buy cruise lines and you’ll be ok.
|
|
#
?
Mar 16, 2020 02:50
|
|
|
greasyhands posted:Be really careful guys, this is a very short term but severe disruption and it will be very difficult to trade this market correctly over the next month or two. We know what the virus is at this point, its no longer a mysterious unknown. You can argue whatever you want about “well china shut everyone down” “well south korea tested more” but it really doesn’t matter because its basically stopped spreading in both places. It is following a very typical viral outbreak curve. Yes, it might yoyo a bit, but this isn’t apocalyptic. The only real question now is just how incompetent is the trump admin? Just how poorly can you possibly handle this disruption? Just don’t buy cruise lines and you’ll be ok. I just put in a couple of REALLY cheap limit orders to buy stocks and ITM calls. Liquidity will be non-existent tomorrow morning, so there will be some "flash crash" stocks were the order book is wiped and someone walks away with a very cheap fill (unless they break the trade).
|
|
#
?
Mar 16, 2020 02:59
|
|
|
$WYNN closing for two weeks
|
|
#
?
Mar 16, 2020 03:07
|
|
|
Hot take but I think tomorrow's going to be the lowest point drop in history. All the warning signs are there. I don't think a 15% drop is out of the question.
|
|
#
?
Mar 16, 2020 03:13
|
|
|
Kirios posted:Hot take but I think tomorrow's going to be the lowest point drop in history. All the warning signs are there. I don't think a 15% drop is out of the question. This can’t happen. 1987 had a -27% drop. Market just closes at -20%
|
|
#
?
Mar 16, 2020 03:31
|
|
|
I meant from a total point drop, but in terms of percentages you are correct.
|
|
#
?
Mar 16, 2020 03:32
|
|
|
Kirios posted:I meant from a total point drop, but in terms of percentages you are correct.
|
|
#
?
Mar 16, 2020 03:52
|
|
|
Kirios posted:Hot take but I think tomorrow's going to be the lowest point drop in history. All the warning signs are there. I don't think a 15% drop is out of the question. If tomorrow's hideous, I'll just buy more stocks. Some of these companies have already lost a decade of share price growth...
|
|
#
?
Mar 16, 2020 03:59
|
|
|
A few goons in the D&D thread are saying that Trump is going to make a statement tomorrow night suggesting that everyone should self quarantine for 2 weeks. So, uh, the market probably won't react well to that on Tuesday. If true, of course
|
|
#
?
Mar 16, 2020 04:01
|
|
|
Gotta hand it to Trump. He took a solid, solid, solid loving economy/stock market and managed to turn it into a massive dumpster fire in only 3 years. Bush took 7 years to light everything on fire. At least right now the labor market is really tight but the minute the money men start slashing payroll that’ll shift real quick. I expect a very, very bad week for the markets man. Gotta liquidate you’re assets to pay for TP.
|
|
#
?
Mar 16, 2020 04:25
|
|
|
Agronox posted:This is probably the quid pro quo for the Fed saying you don’t have to keep any reserves for the time being... Lmfao. Tighten your monocle dear sirs, we are in for rough times ahead!
|
|
#
?
Mar 16, 2020 04:36
|
|
|
Lote posted:$WYNN closing for two weeks Someone posted about shorting $LVS (Las Vegas Sands) earlier in thread as big exposure to Asia and gambling. I regret not taking that advice.
|
|
#
?
Mar 16, 2020 04:43
|
|
|
greasyhands posted:It is following a very typical viral outbreak curve. Yes, it might yoyo a bit, but this isn’t apocalyptic. Well, there is a possibility that with the increase in genetic material out in the world it can have more mutations. Those mutations can increase it's infection rate and in worst case scenarios it's lethality. Although I think that this is unlikely and you probably shouldn't worry about it.
|
|
#
?
Mar 16, 2020 04:50
|
|
|
sterster posted:Well, there is a possibility that with the increase in genetic material out in the world it can have more mutations. Those mutations can increase it's infection rate and in worst case scenarios it's lethality. Although I think that this is unlikely and you probably shouldn't worry about it. My cousin's wife works for one of the companies that is making tests for the covid19 virus. She said there was documentation of one patient who had a strain that had mutated 5 times in him alone. Also I learned some neat stuff about how they try to sequence and identify flu and corona viruses that have mutated.
|
|
#
?
Mar 16, 2020 04:59
|
|
|
sterster posted:Well, there is a possibility that with the increase in genetic material out in the world it can have more mutations. Those mutations can increase it's infection rate and in worst case scenarios it's lethality. Although I think that this is unlikely and you probably shouldn't worry about it. Thats possible with literally every virus in existence, so covid19’s introduction to humans is nothing but a tiny blip in the probability of a superbug mutation
|
|
#
?
Mar 16, 2020 05:04
|
|
|
Should I be exchanging dollars for something else?
|
|
#
?
Mar 16, 2020 05:07
|
|
|
regular mike posted:Should I be exchanging dollars for something else? ammo
|
|
#
?
Mar 16, 2020 05:14
|
|
|
No joke what are y’all up to this week? I’m picking up april/may puts at any whiff of green without a serious reason to back it up, like recovery rates being better than expected or tariff cuts or something. That trump pump I bought some SPY puts solely because that conference was definitely an absurd movie clip from a disaster movie, not a declaration of a national emergency by the President of the United States. I don’t want to be right, but I’m fairly certain we haven’t hit the bottom.
|
|
#
?
Mar 16, 2020 05:21
|
|
|
Im buying oil and hotels, which is something ive never been interested in before but this is showing every single sign of being wildly overblown and its always the sectors that are left for dead that make the wildest comebacks. I might even buy something super boring like HTZ if it gets down to $5 or so. I still don’t think this logic applies to cruise lines for a variety of reasons but i wont make fun of anyone for buying CCL below $10 once it gets there.
|
|
#
?
Mar 16, 2020 05:24
|
|
|
greasyhands posted:Im buying oil and hotels, which is something ive never been interested in before but this is showing every single sign of being wildly overblown and its always the sectors that are left for dead that make the wildest comebacks. I might even buy something super boring like HTZ if it gets down to $5 or so. I still don’t think this logic applies to cruise lines for a variety of reasons but i wont make fun of anyone for buying CCL below $10 once it gets there. If MAR gets below $60, I'm following suit.
|
|
#
?
Mar 16, 2020 05:25
|
|
|
java posted:If MAR gets below $60, I'm following suit. I think thats a good number and marriot has excellent upper management. I should clarify that im *looking* to buy those things, im waiting on the execution with the exception of adding a little CPLG (and OXY on tomorrows almost inevitable dip) and i may pick up some AAWW on the collapse of passenger airline cargo space- they should be able to feast on that, but are being treated as if they have no potential benefit in this environment. That and SAVE are the only airlines im considering right now and ill probably wait for single digits on SAVE greasyhands fucked around with this message at 05:45 on Mar 16, 2020 |
|
#
?
Mar 16, 2020 05:43
|
|
|
I'm an idiot nvm
|
|
#
?
Mar 16, 2020 05:46
|
|
|
I’m still long on Nintendo. ACNH gonna print money baby!!!! Video game number go up!!!
|
|
#
?
Mar 16, 2020 05:48
|
|
|
I think AAPL is gonna blow everyone’s tits off with this poo poo. Digital sales are so hot right now AND they have enough cash to see them through any credit problems. Plus they do deliveries anyways.
|
|
#
?
Mar 16, 2020 05:52
|
|
|
jokes posted:I think AAPL is gonna blow everyone’s tits off with this poo poo. Digital sales are so hot right now AND they have enough cash to see them through any credit problems. Plus they do deliveries anyways. Idk, I regret not throwing some puts in for them. They're closing all stores for a couple weeks at the least - that's got to effect their bottom line for at least this quarter.
|
|
#
?
Mar 16, 2020 05:56
|
|
|
Is there a list of banks for whom the Fed has reduced reserve requirements for 0?
|
|
#
?
Mar 16, 2020 05:57
|
|
|
greasyhands posted:I think thats a good number and marriot has excellent upper management. I should clarify that im *looking* to buy those things, im waiting on the execution with the exception of adding a little CPLG (and OXY on tomorrows almost inevitable dip) and i may pick up some AAWW on the collapse of passenger airline cargo space- they should be able to feast on that, but are being treated as if they have no potential benefit in this environment. That and SAVE are the only airlines im considering right now and ill probably wait for single digits on SAVE Of the legacy 5, I think DAL is the best equipped / positioned to weather this, get beat the gently caress up and walk out the other side mostly intact. It's always been a bit of a trading (quarterly-ish) stock since 2017, just unknown when they'll return to Q1 2020 levels. HA has got to die or get eaten on the other side of this, probably from someone who wants their slots and has cash. Delta is weaker than the others in APAC I think, so maybe they'll eat them. Just feels like it's culling time for the herd. On the semi-side, I want to stock more ASML, CDNS, SNPS, XLNX outside of the usual suspects. Specific chip-makers too — SLAB and ADI. MAXR is the only space company to touch at this point and even that's a shaky one. Fake edit: https://hub.united.com/2020-03-15-a-message-from-oscar-munoz-and-scott-kirby-2645495847.html United is now half sized, basically movax fucked around with this message at 07:58 on Mar 16, 2020 |
|
#
?
Mar 16, 2020 06:00
|
|
|
I literally met a MAXR management guy in a bar in Vancouver one night and bought the stock based off my conversation with him(still have his card in my wallet). Unfortunately it was on the way down in ‘18 and i bought at like $12, got out when it hit 8 because i really didnt know much about it... watched it go to like $3 and then up to $21 or whatever.... now its back around $10 and its clear to me thats a mad moneymaker trading stock that no one pays attention to. DAL is undoubtedly the best of the legacies, but i dont want anything to do with any of them- theyre all just time bombs imho and i think big money backing ULCCs is eventually going to figure out how to beat them with a much lower cost structure- ignoring whats going on right now, whic is very hard to predict how it will affect them. greasyhands fucked around with this message at 06:13 on Mar 16, 2020 |
|
#
?
Mar 16, 2020 06:07
|
|
|
DeadFatDuckFat posted:A few goons in the D&D thread are saying that Trump is going to make a statement tomorrow night suggesting that everyone should self quarantine for 2 weeks. So, uh, the market probably won't react well to that on Tuesday. If true, of course This type of stuff is spreading like wildfire via my text chains with coworkers. The US has been incrementally moving towards a national lockdown over the past week by floating it out as a hypothesis, social distancing, etc. First it was no social gatherings of 1000+, then 100+, now bars and clubs are closed, almost all schools are, etc. If they'd come right out of the gate and locked us down...with 500m+ guns in circulation, poo poo could have gotten out of hand really quickly. At this point, though, everyone thinks they're an expert and parrots what they read on social media to the point that some of my co-workers were dropping terms like "flattening the curve" with a big  face. The same coworkers that didn't give a poo poo about this 2 weeks ago or even knew what it was other than, durrr, it has Corona in it.Two separate people in our text chain posted that their "friends and family in LE and the military" are warning them to be ready for a national lockdown starting tomorrow. Whether or not that's true, we'll see. I don't personally think it will be happening tomorrow. If it does happen I'd bet anything it's at 4:00:01pm EST.
|
|
#
?
Mar 16, 2020 08:44
|
|
|
Premarket is trading at -8.5%
|
|
#
?
Mar 16, 2020 09:33
|
|
|
Lote posted:Premarket is trading at -8.5% Oof
|
|
#
?
Mar 16, 2020 10:15
|
|
|
Tesla down 13% in early premarket trading. Wynn down 17%
|
|
#
?
Mar 16, 2020 10:17
|
|
|
Congrats to anyone who managed to buy puts before close on Friday. Feels like another circuit breaker kind of day.
|
|
#
?
Mar 16, 2020 10:38
|
|
|
I sold up in Feb and have been shorting the pound against Euro/USD since. We (the UK) are extremely asset poor and I'm fairly certain we're going to suffer a lot more than our European contemporaries. My only regret is taking short term gains on USD/GBP instead of holding and buying big 4 when they're a bargain
|
|
#
?
Mar 16, 2020 10:42
|
|
|
50x shorts on Bitcoin and Bitcoin Cash, and 3x on Ethereum since midnight. Woke up and they're down 10%   , expecting another 20% drop today at least. We're pegged to the stock market now
|
|
#
?
Mar 16, 2020 11:01
|
|
|
HOLY poo poo AS I WAS TYPING THAT BITCOIN DROPPED FROM 4850 TO 4600
|
|
#
?
Mar 16, 2020 11:05
|
|
|
4500 just took profits
|
|
#
?
Mar 16, 2020 11:13
|
|
|
|
| # ? Jun 7, 2024 03:21 |
|
|
Does anyone know how to block posters in the android app by chance
|
|
#
?
Mar 16, 2020 11:30
|
|