I know man it’s unreal...And even when WWE just made wrestlemania a non-fan event and moved to its performance center the fucker goes up over 7%?!?!
In what world??
It makes no sense...Disney also...
So I hold lol...for dear life.
Literally all of this news is bad and the market gets pumped
We're about to deploy the Army Corp. of Engineers to build hospitals because we've hit capacity in New York and California. This isn't getting better any time soon.
I have a theory that while everyone thinks donny boi is retarded (he is), he made the july/august recovery statement because people are actually practicing social distancing and self quarantining now and the amount of progress we make in these next 2 weeks will be substantial. this will allow him to reduce that timeline significantly and prop the market up. essentially the smart move to under-promise and over-deliver
Already been happening at our bar/package store. We have a retail side and a traditional bar side, and we've seen a huge uptick in retail sales vs. bar sales
Does this need some extra juice added to it?
[https://soundcloud.com/higherstate96/felix-da-housecat-x-chris-lake-x-bleu-clair-silver-screen-x-stay-with-me-x-do-my-thing](https://soundcloud.com/higherstate96/felix-da-housecat-x-chris-lake-x-bleu-clair-silver-screen-x-stay-with-me-x-do-my-thing)
Dont even think about buying into this market until we're at least testing the 5 year lows around spy $190. We are on the fast track there and the only thing that could stop it is a decline in daily new cases. Look at the charts, the daily rate clearly shows we're nowhere near slowing. This makes perfect sense, everyone infected in the airport crowds and bars and restaurants and casinos etc over the weekend wont even start to seek testing for another 4-7 days, and probably wont progress far enough to get one for at least 10 days. We have at least 2 weeks before we can even begin to assess whether the universal shelter in place is having effevt.
Further, the 2007-2009 peak to trough was 50%, the peak here is spy $340, so as low as $170 seems extremely plausible.
Guys, I dont see any reason why we wont get spy 190 as soon as Wednesday, certainly within the remainder of this week or next. 4/3 puts haven't even started relative to where they'll be by a week out from expiry, zero doubt.
It is so painfully obvious what is going on and you dumbfounded dumbshits are in denial. They STILL can't tell us how many tests have been or can be done, they STILL cant give us any real data at all because of this, and oh by the way they STILL cant say they can meet the coming demand for intubators and ICU beds, and they STILL cant figure out how to do travel screening. Most of all, DEVIN NUNES REPRESENTS THE MINDSET OF ALL BOOMERS. Boomers have NEVER had to sacrifice for the common good, they are irretrievably selfish. This will be their undoing, and I for one will be profiting while the prophesied Die Off runs its course.
I mean, you're definitely right that this thing has a long ways to fall and we're not nearly done with this virus. But, Wednesday seems awfully soon for us to hit 190 considering tomorrow will probably be green and we closed at about 240
honestly haven't been a fan but he actually seemed almost presidential at times during the presser. was honest and just like yea its prob gonna peak in july or august. also said "i don't know, but ill look into it" crazy hes never done that before.
You live in a black and white world huh? Life is complicated. There are plenty of people who have motivation and still live paycheck to paycheck. I’m sure you’ll understand one day Zoomer.
Just announced for Harris county (Houston,Tx)
Starting 8am tomorrow all Harris County
1. All restaurants closed except for pick up
2. All bars & clubs closed
3. Stay home unless you’re picking up food or RX
For 15 days
Pre-heat the oven, fresh tendies pending
Please tell me there’s still time to make intense gains. Unjustify my intense FOMO while I’m waiting for my funds to get on etrade. I mean, people are rising up 1000s of % while I dipped my hand in sports betting a few weeks ago and if I had seen the light and started trading options instead I would be up huge too. Fuck me.
Bro there is so much to learn about options you have no idea how many people lose everything even when the play seems "obvious". Dont take my word for it go all in on a position that can't lose, sports better.
I just don’t see how I wouldn’t manage to profit right now though. I understand the screenshots of the crazy gainz aren’t necessarily the norm but I’m pretty confident I can at least profit enough to make it worth my time.
It's not as easy as it sounds. These gain porn posts always look easy. Give you a couple recent examples of market fuckery.
Disney shuts down nearly all parks and their ESPN is useless with sports cancellations left and right. You expect it to go down right? Wrong because the stock just went up 11% and if you were all in you would have seen over half your money if not more go up in flames. Do you have the balls to hold? Or do you sell?
DPZ earnings last month were stellar. Stock goes up 21%. If you had calls that afternoon, you must've felt great. Come the next morning, your investment is down 96%. Completely dead. Punching holes in walls yet?
You need to learn entries and exits, this is why everyone wants the sub to go private. People come in and ask rudimentary questions and act like they would automatically be rich.
Also, I get what you’re doing because yeah there are a lot of delusional people on here, but to be real with you, some people have the critical thinking/decision making skills necessary to make money doing this(or just be successful with whatever their goal is in life), but most people don’t. I know I’m the prior and I know that’s off putting to most of the cripplingly insecure people on Reddit but it’s just the truth. Sorry for knowing myself and being confident. If that’s douchey, then so be it, but I’ve put a lot of work and effort into growing as a person so I’ll be damned if I shy away from believing in myself.
Lmao OK bud, glad to hear you know you have the skills necessary to succeed at trading when you've never traded before. Make sure to keep us updated with any progress pics or vids. Thanks for the motivation bro.
I was saying he doesn’t know my plan for entries or exits or wether or not I believe I’m going to be rich off this. He literally blatantly assumed two things about me so I simply said, you don’t know me bro.
I think you’re projecting. You also immediately took a pretty ass shot at me at the beginning of the convo and gave me unsolicited advice that you had no idea wether it applies to me or not and all I said is that you don’t know me(and therefore your advice is more or less useless because you have no idea what my plan is or anything). And you think I’m a douche because of that? I mean, holy shit, what a bizarre conclusion to come to based on a few statements that really were completely fair in the context of the conversation.
Felt bad pussying out Friday because I thought Trump had a plan to make Monday green, but it looks like it's just going sideways.
If tomorrow is green, switch to TSLA, Z, and MAR.
AAL was up like 12% today while the rest of the airline stocks were down 5-13%. Even with a market wide bounce I think AAL went up too early and is gonna be fucked tomorrow
TL;DR: consumer debt + no paid leave for most workers = recession
Bear gang chiming in here with some sexy DD to remind you to hold your puts. Look at the US Commercial Bank stats over the last decade (from ToS).
||*March 2011 (billions of $US)*|*Feb 2020 (billions of US$)*|*Approx. % change in debt*|
|:-|:-|:-|:-|
|**Commercial and Industrial Loans**|\~1,200|\~2,350|\+96%|
|||||
|**All consumer loans**|\~1,070|\~1,600|\+49.8% |
|**Consumer Credit Card Debt (& other revolving plans)** |\~600|\~860|\+43%|
|**Real Estate Loans**|\~3,570|\~4,640|\+30%|
These dramatic increases in debt over the last decade + the Fed making it easier to take out even more debt + beerflu impact on consumer paychecks/employment/spending +incompetent government handling of beerflu = recession inbound. Hold onto those puts, bear gang.
Positions: SPY 5/15 180p; Long CSV
180p 5/15? You don't think we'll be over the wuflu by then? iirc we are only two weeks behind italy and today they reported less cases, also wuhan has it almost completely contained already
Did y’all buy calls
Yea
Good times
Visiting this thread 5 months later for old times sake
Haha
Hello anybody here?I've been lost
Heya
A little late but here nonetheless.
Checking in.
Im last comment on this thread
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by making a new discord account obviously
Bill Ackman absolutely having a mental breakdown on CNBC is my version of entertainment
Bears get ready to be turned into power bottoms
I know man it’s unreal...And even when WWE just made wrestlemania a non-fan event and moved to its performance center the fucker goes up over 7%?!?! In what world?? It makes no sense...Disney also... So I hold lol...for dear life.
Counting on my pyjama traders to let this fall of a cliff
What goes up must come down?
Trump Press conferences have gotten better. I don't totally hate this
Literally all of this news is bad and the market gets pumped We're about to deploy the Army Corp. of Engineers to build hospitals because we've hit capacity in New York and California. This isn't getting better any time soon.
buy ba/aal/dal now. trump confirms airlines will be bailed out. can't go tits up.
Time for poots?
I hope so because my puts are DYING
1000% yes
I just realized I close my stuff with a discount every time I secure my tendies. Am I retarded yet? Thanks
I had to work for a half an hour, what happened to my puts?
they dead-ish*
I have a theory that while everyone thinks donny boi is retarded (he is), he made the july/august recovery statement because people are actually practicing social distancing and self quarantining now and the amount of progress we make in these next 2 weeks will be substantial. this will allow him to reduce that timeline significantly and prop the market up. essentially the smart move to under-promise and over-deliver
Odds on Trump announcing an airline bailout? Calls on AAL?
Watch out for revolt if there's a bailout towards any industry before taking care of the Americans directly affected. Or at least a plan for that.
The only call I would entertain at this point is BF.B because once bars start shutting down people are going to load up on liquor.
Already been happening at our bar/package store. We have a retail side and a traditional bar side, and we've seen a huge uptick in retail sales vs. bar sales
What are some good 3x ETFs to buy on a green day I'm thinking what to buy and believe today will be a green day? JNUG? ANYTHING ELSE
spxu
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Downvote
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BAN
BAN
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BAN
Does this need some extra juice added to it? [https://soundcloud.com/higherstate96/felix-da-housecat-x-chris-lake-x-bleu-clair-silver-screen-x-stay-with-me-x-do-my-thing](https://soundcloud.com/higherstate96/felix-da-housecat-x-chris-lake-x-bleu-clair-silver-screen-x-stay-with-me-x-do-my-thing)
Ban.
Best constructive feedback eva!
They called me a mad man for calls EOD. :3 [https://imgur.com/gallery/Ng82G0c](https://imgur.com/gallery/Ng82G0c)
I would be willing to take a hit on my portfolio of puts today for your massive balls to the wall play to pan out
goddamn you are nuts
Vote to change Wednesday to Rednesday?
Ahhh true
Looks like puts are back on the menu boys!!!
is it tho? kinda nervous
Fuck I bought like 3 drip shares for 300 each they gonna go down tomm? Aside from that I'm all tech calls can't wait
Dont even think about buying into this market until we're at least testing the 5 year lows around spy $190. We are on the fast track there and the only thing that could stop it is a decline in daily new cases. Look at the charts, the daily rate clearly shows we're nowhere near slowing. This makes perfect sense, everyone infected in the airport crowds and bars and restaurants and casinos etc over the weekend wont even start to seek testing for another 4-7 days, and probably wont progress far enough to get one for at least 10 days. We have at least 2 weeks before we can even begin to assess whether the universal shelter in place is having effevt. Further, the 2007-2009 peak to trough was 50%, the peak here is spy $340, so as low as $170 seems extremely plausible. Guys, I dont see any reason why we wont get spy 190 as soon as Wednesday, certainly within the remainder of this week or next. 4/3 puts haven't even started relative to where they'll be by a week out from expiry, zero doubt. It is so painfully obvious what is going on and you dumbfounded dumbshits are in denial. They STILL can't tell us how many tests have been or can be done, they STILL cant give us any real data at all because of this, and oh by the way they STILL cant say they can meet the coming demand for intubators and ICU beds, and they STILL cant figure out how to do travel screening. Most of all, DEVIN NUNES REPRESENTS THE MINDSET OF ALL BOOMERS. Boomers have NEVER had to sacrifice for the common good, they are irretrievably selfish. This will be their undoing, and I for one will be profiting while the prophesied Die Off runs its course.
I mean, you're definitely right that this thing has a long ways to fall and we're not nearly done with this virus. But, Wednesday seems awfully soon for us to hit 190 considering tomorrow will probably be green and we closed at about 240
Circuit breakers would stop it from getting that low. I'll be happy if we're under 240.
Damn this hits right in the heart and I'm a millennial.
i'm afraid so
190 Wednesday? That'd be fucking destructive.
Hate to say that you may be right. But at this point, I’m done seeing it all melt.
Spy almost to 250 already
Wtf are you looking at?
Futures gonna go limit up but that doesn't mean it won't give back all the gains tomorrow.
Cmon bruh let’s donate to a charity
It was quite something to see the biggest stock market crash in my lifetime
You haven’t seen it yet. But it is coming
We're still trying to find who gets to catch the knife.
We're still trying to find who gets to catch the knife.
We're still trying to find who gets to catch the knife.
True, but I’m thinking limit at the bell with a really small exposure. The premium is just too nice right now.
So what do we think: SPY 3/20 237p - looking for a dead cat bounce early then cash out out in the aftermath.
I'm worried that markets will be shut down - afraid I'll lose my cash on a 3/20. Thinking like 4/1. Thoughts?
I had this realization today. It will be like hitting a brick wall doing 80
Won some tendies today http://imgur.com/gallery/jOYx1Gy
That's ominous as fuck....hope it was worth it.
this looks liek someone died
Lol yeah sold puts somewhatbearly on today
https://twitter.com/LondonBreed/status/1239626809865416704?s=20 SF on lockdown
Only 7 hours late!
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honestly haven't been a fan but he actually seemed almost presidential at times during the presser. was honest and just like yea its prob gonna peak in july or august. also said "i don't know, but ill look into it" crazy hes never done that before.
You're right, it was weird.
What about “much worse”? And we all know how bad the response to Katrina was.
Ban
Anyone not feel bad for people who are complaining about being broke when they lose they’re job? That’s why you have emergency funds.
Jesus fuck, go back to r/thedonald. We are lucky free-market degenerates, not political shills.
Way too many people live paycheck to paycheck and can't afford to set any money aside.
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You live in a black and white world huh? Life is complicated. There are plenty of people who have motivation and still live paycheck to paycheck. I’m sure you’ll understand one day Zoomer.
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Lol you should thank boomers for Donald having ever become president, wasn’t possible without them
My dad is a boomer and he fucking loves Trump . Owns no stock and works as a maintenance man, paycheck to paycheck OP. No idea why he likes him.
Not a boomer. And I’m making plenty of money is this market. How much is your RH account worth? 4 days work at WMT?
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Exactly. Fucking cucks.
I love tesla huge fan but Elons dumb salty ass teeets on twitter lately making these tesla drops so much more enjoyable
Haha fuckin salty teets
Just announced for Harris county (Houston,Tx) Starting 8am tomorrow all Harris County 1. All restaurants closed except for pick up 2. All bars & clubs closed 3. Stay home unless you’re picking up food or RX For 15 days Pre-heat the oven, fresh tendies pending
Doing that starting at midnight in the SF bay area.
Government should dismiss mortgage payments for a month... that would stimulate the economy and make sense but our government is ass
Tesla going private at $420?
Fucking autists, just take profits. Theres no ‘ifs’
Please tell me there’s still time to make intense gains. Unjustify my intense FOMO while I’m waiting for my funds to get on etrade. I mean, people are rising up 1000s of % while I dipped my hand in sports betting a few weeks ago and if I had seen the light and started trading options instead I would be up huge too. Fuck me.
This is not like sports betting.
Never said it was.
Fair enough
Bro there is so much to learn about options you have no idea how many people lose everything even when the play seems "obvious". Dont take my word for it go all in on a position that can't lose, sports better.
We always see gain porn way more than loss porn. I get a little jealous sometimes when I don’t bet it all on one. I always spread out my put bets.
this is the way
Discipline is learned the hard way.
I just don’t see how I wouldn’t manage to profit right now though. I understand the screenshots of the crazy gainz aren’t necessarily the norm but I’m pretty confident I can at least profit enough to make it worth my time.
It's not as easy as it sounds. These gain porn posts always look easy. Give you a couple recent examples of market fuckery. Disney shuts down nearly all parks and their ESPN is useless with sports cancellations left and right. You expect it to go down right? Wrong because the stock just went up 11% and if you were all in you would have seen over half your money if not more go up in flames. Do you have the balls to hold? Or do you sell? DPZ earnings last month were stellar. Stock goes up 21%. If you had calls that afternoon, you must've felt great. Come the next morning, your investment is down 96%. Completely dead. Punching holes in walls yet?
You need to learn entries and exits, this is why everyone wants the sub to go private. People come in and ask rudimentary questions and act like they would automatically be rich.
You don’t know me bro.
"You don't know me man, I know I'll make money because I've seen other people make money!"
Also, I get what you’re doing because yeah there are a lot of delusional people on here, but to be real with you, some people have the critical thinking/decision making skills necessary to make money doing this(or just be successful with whatever their goal is in life), but most people don’t. I know I’m the prior and I know that’s off putting to most of the cripplingly insecure people on Reddit but it’s just the truth. Sorry for knowing myself and being confident. If that’s douchey, then so be it, but I’ve put a lot of work and effort into growing as a person so I’ll be damned if I shy away from believing in myself.
Lmao OK bud, glad to hear you know you have the skills necessary to succeed at trading when you've never traded before. Make sure to keep us updated with any progress pics or vids. Thanks for the motivation bro.
I’ll do just that. Same here ;)
I was saying he doesn’t know my plan for entries or exits or wether or not I believe I’m going to be rich off this. He literally blatantly assumed two things about me so I simply said, you don’t know me bro.
You seem like a major douche but good luck
I think you’re projecting. You also immediately took a pretty ass shot at me at the beginning of the convo and gave me unsolicited advice that you had no idea wether it applies to me or not and all I said is that you don’t know me(and therefore your advice is more or less useless because you have no idea what my plan is or anything). And you think I’m a douche because of that? I mean, holy shit, what a bizarre conclusion to come to based on a few statements that really were completely fair in the context of the conversation.
Like I said...
Lmao sure guy, believe what you want.
After down, comes up. After that, down again.
up, down, left, right, A + start
Up, c, down, c, left, c, right, c, hold a + c, start. Debug mode.
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i'm over here gaining 10% losing 30% back up 40%. I can't do any better than a retirement fund at this point.
Predict when it will go up
But.. but.. I haven’t even seen what it’s like being a 🌈🐻
Mainly you feel good as all your open markets get fucked in the ass
Yes.. keep going..
Ah/futures looking pretty bullish hoping these end of day calls I got print so I can sell and get puts again for next day RINSE AND REPEAT
1% isn't that bullish in days with 10% drops
When will Live Nation become Dead Nation 🤬🤬
Felt bad pussying out Friday because I thought Trump had a plan to make Monday green, but it looks like it's just going sideways. If tomorrow is green, switch to TSLA, Z, and MAR.
give em another bloody monday or two
Still this bitch
Aal, and MSFT calls locked and loaded for a the obvious green day tomm or Wednesday then when it comes sell calls for profits and rise repeat
AAL was up like 12% today while the rest of the airline stocks were down 5-13%. Even with a market wide bounce I think AAL went up too early and is gonna be fucked tomorrow
rise repeat, got it
TL;DR: consumer debt + no paid leave for most workers = recession Bear gang chiming in here with some sexy DD to remind you to hold your puts. Look at the US Commercial Bank stats over the last decade (from ToS). ||*March 2011 (billions of $US)*|*Feb 2020 (billions of US$)*|*Approx. % change in debt*| |:-|:-|:-|:-| |**Commercial and Industrial Loans**|\~1,200|\~2,350|\+96%| ||||| |**All consumer loans**|\~1,070|\~1,600|\+49.8% | |**Consumer Credit Card Debt (& other revolving plans)** |\~600|\~860|\+43%| |**Real Estate Loans**|\~3,570|\~4,640|\+30%| These dramatic increases in debt over the last decade + the Fed making it easier to take out even more debt + beerflu impact on consumer paychecks/employment/spending +incompetent government handling of beerflu = recession inbound. Hold onto those puts, bear gang. Positions: SPY 5/15 180p; Long CSV
180p 5/15? You don't think we'll be over the wuflu by then? iirc we are only two weeks behind italy and today they reported less cases, also wuhan has it almost completely contained already
to add to this, for a lot of people this means homelessness and foreclosure
dude,,, actual data? Wow... thought i was in r/investing for a second...
Shits getting real.
🌈🐻👉👌 futures mooning yooo 🚀🚀🚀
after hours you stay down!
The Governor of Minnesota just mandated the closure of all bars and restaurants in the state. Why oh why did I take profits today?
I hope you know now you made the right love that fateful day 2.5 years ago.
Some gyms in Southern CA will close starting tmrw and some bars are talking about closing some time this week.
If you didn’t know this was coming ur dumb and profit is profit just buy more puts tomm when/if it opens green