Jason Posted March 13, 2020 Author Share Posted March 13, 2020 The Dow is already down 300 since he started talking. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted March 13, 2020 Share Posted March 13, 2020 3 minutes ago, Jason said: The Dow is already down 300 since he started talking. Huh? It's definitely going up. Quote Link to comment Share on other sites More sharing options...
mclumber1 Posted March 13, 2020 Share Posted March 13, 2020 5 minutes ago, Jason said: The Dow is already down 300 since he started talking. Fake news Quote Link to comment Share on other sites More sharing options...
Jason Posted March 13, 2020 Author Share Posted March 13, 2020 7 minutes ago, SFLUFAN said: Huh? It's definitely going up. That's what the chart on Google showed me? Maybe I read it wrong? Quote Link to comment Share on other sites More sharing options...
Massdriver Posted March 13, 2020 Share Posted March 13, 2020 It surged up 7% 9% Quote Link to comment Share on other sites More sharing options...
Iculus Posted March 13, 2020 Share Posted March 13, 2020 37 minutes ago, osxmatt said: "Oh fuck where is the white stuff?" @Dr.Nezt Quote Link to comment Share on other sites More sharing options...
Jason Posted March 13, 2020 Author Share Posted March 13, 2020 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted March 13, 2020 Share Posted March 13, 2020 Quote Link to comment Share on other sites More sharing options...
osxmatt Posted March 13, 2020 Share Posted March 13, 2020 Trump has announced nothing to help business during this press conference and has be shaking the hands of American's biggest CEOs. I'm glad the market it up 10%, but it makes zero sense. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted March 13, 2020 Share Posted March 13, 2020 2 minutes ago, osxmatt said: Trump has announced nothing to help business during this press conference and has be shaking the hands of American's biggest CEOs. I'm glad the market it up 10%, but it makes zero sense. It's a long 8 years until Monday morning Quote Link to comment Share on other sites More sharing options...
Chris- Posted March 13, 2020 Share Posted March 13, 2020 3 minutes ago, osxmatt said: Trump has announced nothing to help business during this press conference and has be shaking the hands of American's biggest CEOs. I'm glad the market it up 10%, but it makes zero sense. 1 1 Quote Link to comment Share on other sites More sharing options...
Massdriver Posted March 13, 2020 Share Posted March 13, 2020 11 minutes ago, osxmatt said: Trump has announced nothing to help business during this press conference and has be shaking the hands of American's biggest CEOs. I'm glad the market it up 10%, but it makes zero sense. I think it shows how difficult it is to time the market which is why I'm going to go back to dollar cost averaging in next week. This is a relief rally from the lack of news and is probably more about technical factors than fundamentals. Also, Trump timed the conference so he would have everyone speak one after the other right till close. This was probably on purpose. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted March 13, 2020 Share Posted March 13, 2020 17 minutes ago, Massdriver said: I think it shows how difficult it is to time the market which is why I'm going to go back to dollar cost averaging in next week. This is a relief rally from the lack of news and is probably more about technical factors than fundamentals. Also, Trump timed the conference so he would have everyone speak one after the other right till close. This was probably on purpose. That was my thought, he was just running out the clock. Quote Link to comment Share on other sites More sharing options...
Jason Posted March 13, 2020 Author Share Posted March 13, 2020 I just heard on NPR that the market DID initially start dipping right after he started talking. Quote Link to comment Share on other sites More sharing options...
chakoo Posted March 13, 2020 Share Posted March 13, 2020 7 minutes ago, Jason said: I just heard on NPR that the market DID initially start dipping right after he started talking. It did. It also rebounded when everybody else started coming to talk till the end. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted March 13, 2020 Share Posted March 13, 2020 2 minutes ago, chakoo said: It did. It also rebounded when everybody else started coming to talk till the end. Proving how dumb the markets (i.e. people) are. "Hmm, these gentlemen shook hands. This restores my confidence. Buy, buy!" Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted March 13, 2020 Share Posted March 13, 2020 lol Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted March 13, 2020 Share Posted March 13, 2020 I assume there will be a bloodbath when quarterly earnings and numbers come out. Quote Link to comment Share on other sites More sharing options...
Commodore D Posted March 13, 2020 Share Posted March 13, 2020 11 minutes ago, CitizenVectron said: I assume there will be a bloodbath when quarterly earnings and numbers come out. I’m not so sure. Retail will have an influx of cash driven by panic, and cloud tech might see an uptick in customers. On the retail side it will depend on how hard the supply chain is disrupted. If this doesn’t end up being too bad, and stores can keep a semi normal stock, there will definitely be some winners that beat the low estimates. With that said, this is a good time to day trade. It’s working like it did in 2008 (generalization), down 10% one day, up 5% the next. A lot of money can be made in this market if you do your homework. Coming out of it, tons of money will be made as the fundamentals (outside of the corporate debt issue) are still pretty solid. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted March 13, 2020 Share Posted March 13, 2020 7 minutes ago, Commodore D said: I’m not so sure. Retail will have an influx of cash driven by panic, and cloud tech might see an uptick in customers. On the retail side it will depend on how hard the supply chain is disrupted. If this doesn’t end up being too bad, and stores can keep a semi normal stock, there will definitely be some winners that beat the low estimates. With that said, this is a good time to day trade. It’s working like it did in 2008 (generalization), down 10% one day, up 5% the next. A lot of money can be made in this market if you do your homework. Coming out of it, tons of money will be made as the fundamentals (outside of the corporate debt issue) are still pretty solid. An equal amount will be lost by those who don't time it well, of course. Quote Link to comment Share on other sites More sharing options...
Scott Posted March 13, 2020 Share Posted March 13, 2020 This is a fun time to be browsing r/wallstreetbets Quote Link to comment Share on other sites More sharing options...
ort Posted March 13, 2020 Share Posted March 13, 2020 Buy toilet paper futures... toilet paper will be the currency of the coming viral apocalypse... 1 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted March 13, 2020 Share Posted March 13, 2020 2 minutes ago, ort said: Buy toilet paper futures... toilet paper will be the currency of the coming viral apocalypse... Buttcoin? 2 2 Quote Link to comment Share on other sites More sharing options...
Jason Posted March 13, 2020 Author Share Posted March 13, 2020 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted March 13, 2020 Share Posted March 13, 2020 Also the page is literally going to say "do you have symptoms or have you been in contact with those who may have it? Then get tested." I don't get why people are hyping this up. Quote Link to comment Share on other sites More sharing options...
Comet Posted March 13, 2020 Share Posted March 13, 2020 7 minutes ago, CitizenVectron said: Also the page is literally going to say "do you have symptoms or have you been in contact with those who may have it? Then get tested." I don't get why people are hyping this up. It’s supposed to tell you where to go I believe. Who knows, it’ll be nowhere near ready anytime soon. Quote Link to comment Share on other sites More sharing options...
Jason Posted March 13, 2020 Author Share Posted March 13, 2020 27 minutes ago, CitizenVectron said: Also the page is literally going to say "do you have symptoms or have you been in contact with those who may have it? Then get tested." I don't get why people are hyping this up. Because Trump bigly needs a win and he'll strongly take the the quickest actions ever to win bigly. Quote Link to comment Share on other sites More sharing options...
ort Posted March 14, 2020 Share Posted March 14, 2020 Look at this chart again now that we know that the website at the top isn't even a real thing. It's basically STEAL UNDERPANTS -- ??? --- CURE! 3 Quote Link to comment Share on other sites More sharing options...
MarSolo Posted March 14, 2020 Share Posted March 14, 2020 2 Quote Link to comment Share on other sites More sharing options...
Uaarkson Posted March 14, 2020 Share Posted March 14, 2020 LMAO Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted March 14, 2020 Share Posted March 14, 2020 Fuck this fucking fuck. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted March 14, 2020 Share Posted March 14, 2020 9 hours ago, MarSolo said: Behold, another disease vector This man and administration is terminally stupid Quote Link to comment Share on other sites More sharing options...
marioandsonic Posted March 14, 2020 Share Posted March 14, 2020 So, one of the things he announced during his speech was that he was temporarily waiving all interest on federal student loan debts. It's...something, at least, but I feel like he could do more. Like, maybe just cancel the interest altogether? Temporarily defer all loans? Take a certain percentage off all loans? I mean, they spent 1.5 trillion dollars the other day just to try and prop up Wall Street which is the same amount as all student loan debt combined. Quote Link to comment Share on other sites More sharing options...
Remarkableriots Posted March 14, 2020 Share Posted March 14, 2020 40 minutes ago, marioandsonic said: So, one of the things he announced during his speech was that he was temporarily waiving all interest on federal student loan debts. It's...something, at least, but I feel like he could do more. Like, maybe just cancel the interest altogether? Temporarily defer all loans? Take a certain percentage off all loans? I mean, they spent 1.5 trillion dollars the other day just to try and prop up Wall Street which is the same amount as all student loan debt combined. https://www.google.com/amp/s/slate.com/business/2020/03/federal-reserve-bond-market-wall-street-trillion.amp Quote This is all very misleading. The Fed is not jumping in to save the Dow Jones. It is not forking over money so traders can buy shares in Amazon. Rather, it’s using its short-term lending powers to prevent the all-important Treasury market from breaking down and creating another financial crisis. Quote Link to comment Share on other sites More sharing options...
marioandsonic Posted March 14, 2020 Share Posted March 14, 2020 My bad, thanks for clarifying. Quote Link to comment Share on other sites More sharing options...
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