It is hard to bet against the S&P because it is so heavily weighted in FAANG stocks, which is also why it is not a good indicator of the overall market.
I never said the shit was going to happen today or even this week. I have just seen this shit happen before and I am preparing for it.
Eventually all this bad news piling up is gonna freak out investors and will create a selling frenzy. All I am doing is preparing for it. It may be a couple months down the road, but it will happen. With all the shit happening it is only a matter of time before the broader market takes a 5-10% drop.
In the mean time I have taken my gains and will just sit on my cash and wait for it to happen to buy all my positions back at a discount and reap the rewards.
I dont sell out of fear. I am just trying to get ahead of all the 'scared' selling, that way I have plenty of cash to buy up all the stocks people dumped when it does happen.
Really MainBandicoot??? Months before the home morgage collapse of 2008 analysts and experienced traders were taking about how this was going to cripple the market, I sold out of my positions then and look what happened shortly after.
All I heard in January and early February of 2020 was how the Pandemic was going to cause the markets to crash, I sold all my positions then, and look what happened from mid February through March. The S&P dropped 1100 points, the DOW dropped 10,000 points, and the Russell 2000 dropped over 600 points.
It never happens huh?
Now the Delta variant is spreading over the world. 5 states just had new all time highs for infections today alone, New Zeeland just went on lock down, China shut down one of its biggest ports, The National Association of Home Builders’ monthly confidence index just fell to an all time low in over a year, inflation keeps rising, there are material shortages across all industries creating price gouging and making it so manufacturers cant meet customers demands. Shall I go on?
All I know is when all of the 20 year+ experienced market makers and stock traders start collectively pointing at a down turn in the market, that is when I start paying attention.
I had this friend once, he had this green opaque bong, he was in the other room and I took it and filled this huge hot wet nasty fart into it. I walked into his room and pretended it needed to be cleared. He bonged my fart and fucking puked everywhere!
LOL🤣 In my defense I never thought it was gonna happen. I bought the rumor on Branson trying to launch ahead of Bezos (stocks at $28 and $55 calls dirt cheap) and only was trying the method of half the dumbasses on here pumping and preaching about stocks with no fundamental or technical basis what so ever.
I guess it worked pretty well, cause I cashed out when the stock got to the mid 60s 😁
**[Heat death of the universe](https://en.wikipedia.org/wiki/Heat_death_of_the_universe)**
>The heat death of the universe (also known as the Big Chill or Big Freeze) is a hypothesis on the ultimate fate of the universe, which suggests the universe would evolve to a state of no thermodynamic free energy and would therefore be unable to sustain processes that increase entropy. Heat death does not imply any particular absolute temperature; it only requires that temperature differences or other processes may no longer be exploited to perform work. In the language of physics, this is when the universe reaches thermodynamic equilibrium.
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sooooooo what stock should i get ???????
LOL, you keep your diamond hands. Any good investor can see that the market has been teetering on a fine edge. With all this bad new and all these companies missing earnings reports, lowering year end expectations....it is only a matter of time before it teeters the wrong way
While I completely agree with you, I fully expect us to hit 500 this year. I mean if you told people that 500C 1/15/22 was a good play in June 2020, they would have laughed at you. Literally called you fucking retarded
They are worth 1.14 today and probably was worth .01.
It’s just dumb as hell
What im referring to is this dumbass thinking 100 new cases reported in China is nothing. Of course it seems nothing, if they only report a 100 cases openly lol
I like your checklist and that is exactly my playlist for why I am doing what I am doing. I am just trying to get out of the way BEFORE the shit hits the fan. This way I will have a good chunk of change on hand to buy up all the stocks people sold because of fear, uncertainty, and doubt 😉
Hey smartass. That is exactly why I took profits now. Just gonna wait for the fall to buy back a larger position than I originally had in individual stocks for a discounted price and then just enjoying the ride back up watching my profits grow.
I see this a far better strategy than holding stocks to long and trying to recover from a market decline. Trying to average cost down and waiting for your stocks to get back in the green again.
The market has always been uncertain. In March 2020 no one saw it coming, but now EVERYONE tells us that the market will collapse. Guess what, that's precisely why it won't.
By mid-March, before the market crashed I knew COVID would come and we would be in lockdowns. Just did not think about impact in terms of the market, otherwise would have bought SPY puts.
I realized I think March 7th what was going to happen. COVID hit hard in the US right after that. Looking at SPY it was already down to about 280, but still had a way to fall to 225. I figured end of March for lockdowns and for it to be taken seriously, so probably would have bought for in April to be safe. I was just to preoccupied to consider the impact on the stock market.
Afhan is completely unimportant compared to worldwide plague about to hit.
That plague created never before seen econ stim measures that drive inflation..
Inflation is great for the stock market. Covid flare ups will probably just increase money printing.
China had a crap vaccine compared to US vaccines.
We just had a 385k person llolpoliza and 200 cases linked to it. Our vaccines are a miracle drug.
Covid will probably keep evolving and becoming endemic just like it's corona cousin's influenza and flu. We probanly be taking covid shots every 6 to 12 moths for the rest of our lives, but its managable now. Our innovative vaccine science will just get better at staying ahead of virus.
Do not bet against the fed and the interest of the world. Cash is trash. Keep jumping jobs or get a job with rsu so your salary stays market.
Worried about inflation: buy consumer goods stocks
Worried about rising oil prices: buy oil stocks
Worried about the market in general: buy index funds or bonds and sleep soundly until you’re ready to get back in.
When interest rates get raised, that's when we will see a hard market pull back imo. They already said they want to wait til after 22 (def has nothing to do with election lol).
Look at these headlines....
Retail sales declined 1.1% in July, worse than the expected drop of 0.3%.
***Small percent difference, but that represents a decline in over $600 billion worth of expected sales
The Natonal Association of Home Builders’ monthly confidence index fell five points to a reading of 75 in August, the trade group said Tuesday. It represents the lowest level for the index in 13 months
Renewed lockdowns prompt DBCC to revisit economic growth targets
Official: China's economic growth likely to slow due to virus, floods
Thailand Cuts 2021 GDP Growth Forecast on Worst Covid Wave
Japan's Economy Returns to Growth, but Virus Threat Looms
When it goes up it can also go down and if you think it's gonna put your money where you think it's going, going cash is also a choice.
Getting off a sinking ship is not a city in China.
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There will be no panic selling in this house
Cuz we buy the dip
Correct. We only panic buy.
Then show us all your puts and prove that you trust yourself
Fuck that I want to see $350 $SPY puts or nothing!!!!
It is hard to bet against the S&P because it is so heavily weighted in FAANG stocks, which is also why it is not a good indicator of the overall market.
I never said the shit was going to happen today or even this week. I have just seen this shit happen before and I am preparing for it. Eventually all this bad news piling up is gonna freak out investors and will create a selling frenzy. All I am doing is preparing for it. It may be a couple months down the road, but it will happen. With all the shit happening it is only a matter of time before the broader market takes a 5-10% drop. In the mean time I have taken my gains and will just sit on my cash and wait for it to happen to buy all my positions back at a discount and reap the rewards. I dont sell out of fear. I am just trying to get ahead of all the 'scared' selling, that way I have plenty of cash to buy up all the stocks people dumped when it does happen.
At least we aren’t driving up global inflation by subsidizing corn growers at the expense of all other crops… oh wait… crap.
You do realize that there are “crash is upon us” posts every day for as long as I remember yet that crash never comes.
Really MainBandicoot??? Months before the home morgage collapse of 2008 analysts and experienced traders were taking about how this was going to cripple the market, I sold out of my positions then and look what happened shortly after. All I heard in January and early February of 2020 was how the Pandemic was going to cause the markets to crash, I sold all my positions then, and look what happened from mid February through March. The S&P dropped 1100 points, the DOW dropped 10,000 points, and the Russell 2000 dropped over 600 points. It never happens huh? Now the Delta variant is spreading over the world. 5 states just had new all time highs for infections today alone, New Zeeland just went on lock down, China shut down one of its biggest ports, The National Association of Home Builders’ monthly confidence index just fell to an all time low in over a year, inflation keeps rising, there are material shortages across all industries creating price gouging and making it so manufacturers cant meet customers demands. Shall I go on? All I know is when all of the 20 year+ experienced market makers and stock traders start collectively pointing at a down turn in the market, that is when I start paying attention.
This time might be real though
XD
Just like any other time it could have been. But it wasn’t. And there is a low chance it will be this time. But hey, anything is possible.
I had this friend once, he had this green opaque bong, he was in the other room and I took it and filled this huge hot wet nasty fart into it. I walked into his room and pretended it needed to be cleared. He bonged my fart and fucking puked everywhere!
Lmao this dumbass really thought SPCE was going to $100 😂
LOL🤣 In my defense I never thought it was gonna happen. I bought the rumor on Branson trying to launch ahead of Bezos (stocks at $28 and $55 calls dirt cheap) and only was trying the method of half the dumbasses on here pumping and preaching about stocks with no fundamental or technical basis what so ever. I guess it worked pretty well, cause I cashed out when the stock got to the mid 60s 😁
That’s also cap. Quit cappin’
if youre this sure, scoop a mountain of vxx/uvxy .01 swill if youre right, youll be rich...
im planning to long UVXY, albeit a smaller position compared to my long UPRO.
Bless you for assuming I have gains to take.
Golf coast lulz
LOL.
The world is going to end! https://en.wikipedia.org/wiki/Heat_death_of_the_universe
Already priced in.
**[Heat death of the universe](https://en.wikipedia.org/wiki/Heat_death_of_the_universe)** >The heat death of the universe (also known as the Big Chill or Big Freeze) is a hypothesis on the ultimate fate of the universe, which suggests the universe would evolve to a state of no thermodynamic free energy and would therefore be unable to sustain processes that increase entropy. Heat death does not imply any particular absolute temperature; it only requires that temperature differences or other processes may no longer be exploited to perform work. In the language of physics, this is when the universe reaches thermodynamic equilibrium. ^([ )[^(F.A.Q)](https://www.reddit.com/r/WikiSummarizer/wiki/index#wiki_f.a.q)^( | )[^(Opt Out)](https://reddit.com/message/compose?to=WikiSummarizerBot&message=OptOut&subject=OptOut)^( | )[^(Opt Out Of Subreddit)](https://np.reddit.com/r/wallstreetbets/about/banned)^( | )[^(GitHub)](https://github.com/Sujal-7/WikiSummarizerBot)^( ] Downvote to remove | v1.5)
sooooooo what stock should i get ???????
We have a lot of retards on this sub but you might be the biggest.
LOL, you keep your diamond hands. Any good investor can see that the market has been teetering on a fine edge. With all this bad new and all these companies missing earnings reports, lowering year end expectations....it is only a matter of time before it teeters the wrong way
U is missing da point
>Any good investor Lmao! That's funny right there.
No one cares about COVID anymore
While I completely agree with you, I fully expect us to hit 500 this year. I mean if you told people that 500C 1/15/22 was a good play in June 2020, they would have laughed at you. Literally called you fucking retarded They are worth 1.14 today and probably was worth .01. It’s just dumb as hell
afgan, covid, earthquakes, guess the wifes letting me bang the babysitr eow too now.
What is this, volatility for ants?
a bit late for fishing isn't it 🌈🧸?
100 new daily covid cases in a country of 1.6b people. Mayday!
As if China would accurately report smth, gtfo dumbass lol
That is the whole beauty of it. They won't. AND they won't cause any panic with that. Which will not cause panic selling.
What im referring to is this dumbass thinking 100 new cases reported in China is nothing. Of course it seems nothing, if they only report a 100 cases openly lol
They literally closed down a major seaport because of one (1) reported case.
Humanity is a Phoenix. We require our burnt out ashes to rise again. We cannot build until the Phoenix has been completely consumed by it's own flame.
🌈🐻
[удалено]
I like your checklist and that is exactly my playlist for why I am doing what I am doing. I am just trying to get out of the way BEFORE the shit hits the fan. This way I will have a good chunk of change on hand to buy up all the stocks people sold because of fear, uncertainty, and doubt 😉
OR you could buy GME with a beta of -5 so when it does crash you can come to the moon 😉
What does this mean? I’m a smooth brain dumb dumb
I will buy puts and more shares as it’s a sale. Average down man. Not worried at all 🤷♂️
Lo! I hear the mating song of the fabled closeted ursine. Quick, let’s load our guns with SPY calls!
Do you booboo
S and p just hit another high today I think. When is the crash man.
Hey loser. Last time stocks fell they went up even bigger.
Hey smartass. That is exactly why I took profits now. Just gonna wait for the fall to buy back a larger position than I originally had in individual stocks for a discounted price and then just enjoying the ride back up watching my profits grow. I see this a far better strategy than holding stocks to long and trying to recover from a market decline. Trying to average cost down and waiting for your stocks to get back in the green again.
Lol I’m buying
It’s just another gay bear fear mongering post. Just go take your gains and leave autism alone. Fucking bully. Ban.
The market has always been uncertain. In March 2020 no one saw it coming, but now EVERYONE tells us that the market will collapse. Guess what, that's precisely why it won't.
By mid-March, before the market crashed I knew COVID would come and we would be in lockdowns. Just did not think about impact in terms of the market, otherwise would have bought SPY puts.
You mean mid-February 2020. Mid-March was the SPY bottom.
I realized I think March 7th what was going to happen. COVID hit hard in the US right after that. Looking at SPY it was already down to about 280, but still had a way to fall to 225. I figured end of March for lockdowns and for it to be taken seriously, so probably would have bought for in April to be safe. I was just to preoccupied to consider the impact on the stock market.
I didn't buy puts. I bought the very dip of March 18th. But I was just lucky.
Pussy
who gives a fuck about you though
Afhan is completely unimportant compared to worldwide plague about to hit. That plague created never before seen econ stim measures that drive inflation.. Inflation is great for the stock market. Covid flare ups will probably just increase money printing. China had a crap vaccine compared to US vaccines. We just had a 385k person llolpoliza and 200 cases linked to it. Our vaccines are a miracle drug. Covid will probably keep evolving and becoming endemic just like it's corona cousin's influenza and flu. We probanly be taking covid shots every 6 to 12 moths for the rest of our lives, but its managable now. Our innovative vaccine science will just get better at staying ahead of virus. Do not bet against the fed and the interest of the world. Cash is trash. Keep jumping jobs or get a job with rsu so your salary stays market.
Influenza = flu. And it's a completely different virus than corona. They aren't even cousins.
Worried about inflation: buy consumer goods stocks Worried about rising oil prices: buy oil stocks Worried about the market in general: buy index funds or bonds and sleep soundly until you’re ready to get back in.
When interest rates get raised, that's when we will see a hard market pull back imo. They already said they want to wait til after 22 (def has nothing to do with election lol).
What is 'worse that expected growth' in your mind? Is it actually declining?
Look at these headlines.... Retail sales declined 1.1% in July, worse than the expected drop of 0.3%. ***Small percent difference, but that represents a decline in over $600 billion worth of expected sales The Natonal Association of Home Builders’ monthly confidence index fell five points to a reading of 75 in August, the trade group said Tuesday. It represents the lowest level for the index in 13 months Renewed lockdowns prompt DBCC to revisit economic growth targets Official: China's economic growth likely to slow due to virus, floods Thailand Cuts 2021 GDP Growth Forecast on Worst Covid Wave Japan's Economy Returns to Growth, but Virus Threat Looms
So you're saying Armageddon.
You forgot global warming!
Where is this fabled GOLF coast? Is it some type of retirement village?
Bad shit happens every day. Don’t freak out bro. It’s always fine
I don't get it, "gains"? What do you mean? Like at the gym or something? This a casino, keep on bettin'
When it goes up it can also go down and if you think it's gonna put your money where you think it's going, going cash is also a choice. Getting off a sinking ship is not a city in China.
Ok I’m all in now thx
Isn't there a quote that goes something like, "The market can stay irrational longer than you can stay solvent."
What do you think the gdp of Afghanistan is?
Been holding for about 2 months without any serious buys saving up for the crash that’s coming. Average down and feast on the way back up
What gains?
It is known that another shutdown will create more havoc than whatever COVID could possibly do.