OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[monstar]

Just curious to know who is selling off? And If not at what point do you plan to take profits and reenter.

I'm a long investor. But curious to see who is taking profits and coming back

 

[Betonblck]

Markets are fried man. We need to come down another 10-20% to press reset.

Plus is this really just based on the President's word that this is what they are working on.
That's a classic bull trap

 

[johnnyredstorm]

Just curious to know who is selling off? And If not at what point do you plan to take profits and reenter.

I'm a long investor. But curious to see who is taking profits and coming back

I personally am only entering new money into the market so I’m building while everyone is selling but I did post here during the Tesla run up that it was time to star taking profits and be 70% cash. I’d still feel that way.

 

[Brownstone]

Just curious to know who is selling off? And If not at what point do you plan to take profits and reenter.

I'm a long investor. But curious to see who is taking profits and coming back

I have a lot of individual stocks (roughly 50-65%) I have sold a few based on returns. My losers (SNAP @ 12) for example I am adding to my positions.

 

[tay1]

CCL getting slammed. I’m divin in in about a month

 

[Cryptomoon]

Sold my spy put before close on Friday went on the call so side. Took the bait. Now I’m getiing cooked .

Yesterday I was cooked today I’m mr. strong hands. What is this market?

 

[shibadekobe]

Yesterday I was cooked today I’m mr. strong hands. What is this market?

The FED

 

[southernhospita]

Was getting cooked on BAC calls from yesterday that I had no biz trading with it being the most active
But I wasn’t going to trade the any oil hoping for a bounce

but I did good with calls on UBER for a quick in and out for 30% just like I like it

 

[shibadekobe]

Hopium waning

 

[Betonblck]

Hopium waning

Anyone that saw the press conference could clearly see he was making up anything to try to boost the stock markets. He might as well have said he's going to give everyone a million dollars. Paid sick leave, payroll cut, bailouts for everyone, etc, etc.

 

[tkthafm]

Sentiment is still waaaay too bullish.

Seems like many still thinking rapid V shape recovery, trying to catch the "bottom", fed can save us, trump can save us, this time is different etc. Very few taking the possibility of a drawn out severe multi-month or multi-year decline seriously.

 

[biggie62]

Sentiment is still waaaay too bullish.

Seems like many still thinking rapid V shape recovery, trying to catch the "bottom", fed can save us, trump can save us, this time is different etc. Very few taking the possibility of a drawn out severe multi-month or multi-year decline seriously.

I highly doubt it’s multi year. But multiquarter is highly likely.

 

[sharpshooter718]

I highly doubt it’s multi year. But multiquarter is highly likely.

people like you dont see whats coming and thats ok... 24-36 months from now, you will be a seasoned vet

 

[wballz]

It may be too premature, but I am looking to buy some XOM.

 

[Betonblck]

Sentiment is still waaaay too bullish.

Seems like many still thinking rapid V shape recovery, trying to catch the "bottom", fed can save us, trump can save us, this time is different etc. Very few taking the possibility of a drawn out severe multi-month or multi-year decline seriously.

Yep, it is absurd that people are even acting like 29k on the Dow and 3k on the S&P were even reasonable valuations and the market should just snap right back to those nosebleed valuations with Tesla at $900/share.

 

[monstar]

Yep, it is absurd that people are even acting like 29k on the Dow and 3k on the S&P were even reasonable valuations and the market should just snap right back to those nosebleed valuations with Tesla at $900/share.

Drop everything after right back.

Tsla ain't in either index

 

[shibadekobe]

Treasury Securities Operations - FEDERAL RESERVE BANK of NEW YORK

www.newyorkfed.org

NY Fed Purchases $0.401 Bln In FRNs

 

[wballz]

Treasury Securities Operations - FEDERAL RESERVE BANK of NEW YORK

www.newyorkfed.org

NY Fed Purchases $0.401 Bln In FRNs

Buying more bonds to lower rates I guess...anything else ?

 

[tkthafm]

Market red again... 5% limit up move totally erased within hours... very healthy market.

 

[wballz]

I wonder what if we will start with a positive of negative for tomorrow.

It's hard to tell at the moment. Although the volatility is great for swing and day trading.

 

[shibadekobe]

 

[johnnyredstorm]

Adding a little long today after we went green to red and crawled back. Price action is terrible and we’ll be in this mess for a while.

 

[wballz]

Watch for another major dip in the last 5 minutes like yesterday lololol

 

[wballz]

That 0% payroll tax is sounding good. There shouldn't even be a payroll tax to begin with. That's double taxation.

 

[biggie62]

And that is how you gut the Medicare and social security system.