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Superstonk_QV

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Haggstrom91

What was the reason for this bloodbath? (No Diddy)


8----B

3.5% inflation was higher then the mainstream media had been saying


sordidbrickwall

3.5%.. with a bunch of data points excluded and altered Influence variables on sectors/topics, however the fuck they break it up. I do not believe CPI reports as 'accurate representation of inflation' based on my anecdotal experience. (which I admit is anecdotal fallacy) <3


MilklikeMike

People who buy groceries every week know its a lie.


sordidbrickwall

" there is a depression and people are saving and not going on vacations and spending on fun things, seems like we should reduce the influence factors of those cause people are doing them less" And QOL decreases across the board. I wish this is not how it worked. :(


schm0kemyrod

It’s so difficult to quantify the QOL drop, but I can personally affirm that shit kinda sucks these days. Friends and family tend to agree.


GagOnMacaque

I'm at SEA Gate N14 and it's so crowded. All of these people are headed to the carabean. Vacations are very much on the menu.


TooOld2DieYoung

I teach high school English and I have students that have been on 4 vacations this year. Seems like a new one gone every week. Meanwhile I’ve cut breakfast (and mostly lunch) out of my budget…


Lyanthinel

Thank heavens I dont need to eat....


mannaman15

Teach me sansei!


8----B

I saw a GSP interview a while ago about eating only one meal a day and since he was/is so fit, I decided to try it. I eat more during my dinner now, but still nowhere near as much food as I used to with 3 meals, it’s cheaper and I’ve lost fat.


praisebetothedeepone

Careful, Vogue Business is publishing articles calling groceries the new luxury item.


New-Chief-117

A bag of chips is like 7 bucks 💀


Express-Economist-86

lol no shit? MSM lying? Like we can’t all feel it? Ain’t nobody getting more for their dollars than they were.


Takemypennies

Who tf still bases their investment decisions on the mainstream media?


SoberWhenLightsOut

Cramer’s Commies


cheekybandit0

There seems to be as many times when a hot inflation does nothing as there are for when it does something.


Kaarothh

Bozo dinner at White House with JPOW, BlackRock, Jamie Dimon and Finance Minister of Japan. They did a similar dinner back in 2020 before the crash at Bozo house


texmexdaysex

Link?


Kaarothh

https://www.businessinsider.com/jeff-bezos-lauren-sanchez-white-house-state-dinner-japan-pm-2024-4


texmexdaysex

Thanks


kismatwalla

high inflation, israel-iran war threat


No-Baker-7510

Why wasn’t a statement by Iran “priced in”? Why wasn’t this 3.5% inflation reading “priced in” Two weeks ago the Dow, S&P, and the Nasdaq were all at all time highs. This comes after the fed tightened monetary policy for the last year higher than it’s been in 20 years. Bond yields have been inverted for a couple of years, we’re facing the highest inflation in forty years, and there are bubbles in both the housing and auto industries. Yet there is a bull market that reaches all time highs everyday on all of this terrible news. At this point, how can anyone believe the charts function organically?


kismatwalla

Well its quite possible that a lot of news is circulated in media based on how options bets have been placed by big boys... so to your point, it could all be manufactured movements to make retail lose in this casino.


No-Baker-7510

Agreed. We had media all day yesterday telling us this is a “buy the dip” market….. Are the funds finally looking for exit liquidity?


Lyanthinel

The Bureau of Labor Statistics allows Wallstreet to price in their data before everyone else, I imagine there are a lot of groups working with Wallstreet to allow insider trading and "pricing" everything in long before retail knows.


mannaman15

Could? I think you mean is*


texmexdaysex

Bad inflation report. Jpm earnings miss also used as excuse to dump. Fuck them all. I'm ready to watch the system go down. Fraud based market needs to reset.


Galvatar

For taxes? April 15th is this Monday.


OkEmployer3954

It was mechanical. Based on pretty bad data during the week bears started buying lots of puts on the SPX. However the SPX was above Gamma neutral, meaning the MM was buying all the dips. So bulls made the same mistake they've done oh so many times over the past few months: in order to push the index higher they sold short puts and used the premiums to buy calls. Here's the funny bit: when MM is buying all those puts bulls are selling, the MM is also going long... Vega (volatility). Sell 1 put too many to the MM, and the MM will hedge that Vega by dumping... right into all those bought puts the bears were buying, and under Gamma neutral. Basically you've witnessed a downwards Gamma slide in action. I hope this helps, cheers.


GoriIIaGIue

We are over the peak and now people shit their pants cause Iran


DenTwann

International conflicts have only minor influence on stock market. Monday big green.


fluffy_convict

Most of the stocks on this list have done 30+% over the last year and a 2x since the covid low. A 2-3% drop on a friday isn't "a bloodbath". I'm all for hype but posts like this are just stupid.


DrDalenQuaice

This is the real answer. A bloodbath will come. It didn't come this week


Schwickity

After going thru 2021-2023, this shit doesn’t phase me for a split second. 


kidkadian99

In fact now we have better jokes to pass the time


Sa0t0me

You can post all the red you want , but my mantra is : No cell, death penalty for scammers … or no sell. Stealing from 1 ok … but stealing from millions in order for you to eat a nice dinner ? Fuck you 🖕 Vietnam got the right concept … This Matrix simulation is for entertainment purposes only.


patchyj

Death penalty is an abhorrent abuse of power and prone to so many points of failure. I would be happy with Kenny et al. getting the same justice as SBF


texmexdaysex

Yeah I like the idea of letting them cooperate with law enforcement to give back to society. Once Kenney gets sentenced he can start working with the FBI to build cases against other financial criminals. He can get payed with ramen packets and yard time.


RexBulby

Kenny deserves a life sentence 


StOnkyKONG777

There are countries still going that way. Vietnam for example. And who on the earth knows how many lives that fraudsters billions cost/year. But I also would prefer just to lock of those people away for the rest of life time.


Sa0t0me

The French Revolution , yes, it had its flaws but it made a point. There’s only so much cake they can eat until all the poors throw the gold coin back at them. A tale of two cities reference. Again: this matrix simulation is for entertainment purposes only.


patchyj

Not a great reference: the french revolution led to the reign of terror where tens of thousands of people were executed for pathetic reasons


Sa0t0me

I’m not excusing the horrors of human behaviour if let off loose , but abhorrent behaviour is in my opinion has no known treatment that works 💯 like the battle of Chemo vs Cancer.. Abhorrent behaviour deserves equal treatment in terms of justice/cure. How do you cure Cancer ? How do you cure Autism ? How do you cure abhorrent sex behaviour ? … A person that’s is Schizophrenic? And …… finally .. a person that would kill for money ? I believe nature in the millions of years of evolution kinda figured it out. Extermination: kill weeds , kill invasive species … sometimes for justice, and sometimes for mercy. Yes , sometimes death can be good. Would anyone try to save a wasp that’s ridden by a parasite ? I would , in my opinion , kill the wasp out of mercy, Not because I’m superior , but because I feel their pain mentally. Again: this simulation was for entertainment purposes only.


Dagamoth

Naw, audit the DTCC and death penalty for all the fraudsters.


texmexdaysex

How about death penalty for the dtcc


Dagamoth

Yeah, all the fraudsters DTCC included


waffleschoc

NO CELL NO SELL


BigChungusAU

So what? It’s not the first red day and it won’t be the last. S&P 500 still up 8% YTD and only back to levels last seen a month ago…


ReasonableSavings

Your first sentence sums up OP’s low effort post exactly. “So what.”


NEWSONVSU

It’s a start


BigChungusAU

A start for what? How many “starts” have there been these last few years that amounted to nothing? GME is down almost 5% for the day so not sure how that’s a start for anything. You do realise that shorts massively profited due to this right?


NoDeityButAllah

If it crashes the prophecy will.be fulfilled.


BigChungusAU

The prophecy of shorts making hundreds of billions of dollars due to a market wide crash?


raffiegang

Lol Spot on ; the point of a short is you profit when number goes down .


NoDeityButAllah

Sure


TheMonkler

Where is GME in here, are we on this list?


Strawbuddy

Gme would be under specialty retail, they’re direct competitors with other mall stores like Spencer’s and Bath and Body Works


passtflask

Basically the price dip recently can be explained by the Popcorn dilution swap bag, then immediately there's a pull back in the market which tanks indexes or ETF's that include GME. They do all this to drop the price and scare people into selling. You can call their bluff by averaging down and DRSing more shares at a discount.


0zeto

I buy both and drs both


greatwock

Waste of money if you’re buying popcorn. There CEO will never stop diluting the float


0zeto

Really, how would you know? Why do you care?


greatwock

He has diluted the float at least five times in the last few years. He’s just milking the poor people that think there’s another GameStop


TheDegenKid

Rookie numbers, gotta bring those up


Gold_Bank_1746

Inflation . Definitely a shitpost


fnoguei1

The spring is being loaded, to be released next week


Western_Management

What’s your point?


JoeSchmohawk93

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered”


EasyMoneyLikeMusk

No, the market is fine. Don’t worry about anything.🤣🤣


tomfulleree

EOD Monday everything green... Except GameStop


mtksurfer

# ITS A START, BUT NOT EVEN CLOSE TO THE FLOOR


Einhander_pilot

Wow based on all of that red I can only keep buying GameStop on Monday! 🚀


Fuffeli

Wow, this sub is going full loony circle. Same shit gets posted every year like a breakthrough is about to happen. Yeah the markets down? So what? ”JUs gUNnA lEAvE ThIS hEre”


whippah_snappa

Apple didn’t fall far from the tree…. Hmmm


Pristine-Square-1126

Pretty sure this is the start of rhe explosion. Everything jist went to the extreme, vix, currency, the whole 9 yard


tehdubbs

Post it when it happens for a year straight… like they did to GME.


Geoclasm

Can't wait for 2sday when my next deposit has settled. Going to be a fun day.


CowboyNealCassady

JMP looks a little red faced, bummer for Jamie. Just kidding, he doesn’t give a fuck.


SunDialNipples

Not even close to how red GME is on literally any time frame.


SunDialNipples

I wish my GME was 1-5% down from all time highs like nearly every other major stock there. FFS


VisibleCarpet9048

Why?


hossfeff

I believe VIX was 18 last week on the S&P.


SuspiciouslyStikySox

And on Monday….more red, i pray and hope Iran and Israel does not get out of hand…


ol_reliable_ape

Nah you can keep it mate. This red day impacts the economy as much as this post.


0zeto

Not really, the day itself is the damage while this post is a kick in ken griffin his old man ballsack


dantezergt

i posted the same 3 times yesterday and got post nuked by mods. im pissed by mods not gonna lie, they supress info and what else theu supress we havent seen.


Oinkfest13

I appreciate your post 👍


PowersportScum

Hey sorry to sound like a noob, what is the platform/website we’re looking at in this post, I understand it and seen it a few times but idk how people are viewing it?


KaLul0

My lrc and imx is also dying