The market is in a very precarious position right now because Trump can't cuck any further without looking like a spineless pussy, and the only thing that could save a decline news wise is a trade resolution or an emergency Fed cut.
If China was smart enough to intervene and crash the markets, they'd do it now. Steamroll Hong Kong.
Why isnt gold stock going up!? Almost every stock I have is either crashing bigly or stagnant.
Xavier Flores
You should panic buy. Wait until it dips lower and panic buy again. Repeat until moon occurs then you can panic sell.
Landon Carter
nothing is going to stop this recession. the people want it to happen. not even a trade deal can keep this bull market going. the fed needs to think about how to cushion the fall and not waste their resources of keeping it alive.
Jace Campbell
>70% already seems a little early
>barring any emergency actions. 3spooky5me
next earnings season doesnt begin for another month though does it
Yeah because euro so much better Gee cant wait for fill bags with Chinese monopoly money
Idiot -_-;
Wyatt Carter
euro will unironically beat the dollar on a 5 year timespan starting now
Christopher Scott
They've gotta pump the DOW soon otherwise it's gonna collapse back down to 25K in short order.
Jose Ross
Euro was raped today despite it negative correlation with SPX -_-; Euro most worthless currency of all time
It absolute joke
Aiden Taylor
I WOULD DIE LIKE A DOG AT THE SHRINE OF YOUR LIES I WOULD TELL YOU MY SINS SO YOU CAN SHARPEN YOUR KNIFE OFFER ME THAT DEATHLESS DEATH OH GOOD GOD MAKE IT STOP
>euro will unironically beat the dollar on a 5 year timespan starting now Okay baby Soros. I'm sure you're all leveraged up for the moon shot. Any day now. Surely you won't lose all your money.
Kevin Morgan
just short bro
Daniel Torres
>said the euro bagholders for the 15th year in a row
A number of things. First off, they are spinning off their fuel subsidiary and everyone gets stock in that company too. Second, they are making good headway with their water purification tech, got a contract with Clearwater, FL to clean algae blooms and it looks like it went well. Third, Turkey and South American countries are looking into their tech.
Dylan Perez
Pump and dump. Scanners will pick this up. New and undecided traders see this pump up to .94, they begin to buy while they slowly get dumped on. Especially if everything is red.
Hudson Cook
CATS and DYAI
Andrew Price
>Euros are the only alternative investment to US Treasuries wew, lad
Because tomorrow is divvies and it's a 1:1 stock dividend (basically you get paid the price of the stock for every share you have). So the price doubled because the value is essentially doubled currently.
Aiden Adams
FOMO.
If you got in last year, I'd take out your initial investment at least.
Henry Ortiz
>market just resumed descent Who is this right now?
So glad I held SPY puts overnight, man what a run on those. All closed out now, too afraid of a random tweet from you know who on a day like this. Though it sort of sucks about those IRA contributions I added for my wife and I yesterday.
Asher Adams
JUST'D
They need to rally this or it's gonna capitulate.
Xavier Martinez
there's more money to be made by fucking over the bulls
Charles Flores
They are in a meeting right now and haven't actually released the fucking news for why yet.
Evan Ortiz
Buy it nya. Retarded panicky freak out. Oh noes the yield curve better sell despite the same scenario always involving a rally before recession actually hits 6-20 months later.
I'm taking a nap. Smarten it up and figure it out. Fucking herd of cats.
Yesterday's tweet was a classic pump and dump though.
God what a manipulated market.
Lucas Brooks
I'm really confident the bond market is going to collapse in the next 4 hours.
Oliver Foster
Ok, /smg/ what is the long term gameplan here. Am expecting a 2008 style crash in the next 15 months. (-20% S&P) Cash out now, park in money market. When we start getting down there just average back in. Extra points to shorters and vix players, but I just don't have the time for that.
Dylan Clark
they are called Dead Cat Bounces
not everything is grand master plan by the lizard people to fuck over you (yes, you personally)
I have around 2k shares and had it on my Robinhood account. They don’t support the stock now just starting today so I can’t even sell it to buy cheapies. Wtf fuck RH I’m starting to think I’d rather pay a fee for each trade rather than deal with this and now what. I need to wait to transfer the shares to a real brokerage? It’ll probably be gone nothing left what a bunch of bullshit
Nicholas Butler
>bond curve inverts months ago >people just ignore it because muh earnings and muh consumer lmao every fucking time
Cooper Nguyen
its delisted for every brokeage you fucking brainlet retard
Real talk. If you aren't going 100% cash then you're an idiot.
FACT #1: Inversion of 10y2ys always signals a recession within about 2 years. FACT #2: The recession isn't immediate, there's usually a runup of about 15-20% before it starts. FACT #3: Recession will be around -40% to -50% drop. FACT #4: It is difficult to time the market and catch the run up.
We can conclude that the only intelligent action is to sell everything now and go full cash. You lose the 15 to 20% runup but will avoid the -40% to -50% drop. You can buy back in a -50% and double your money instantly. This is a once in a decade opportunity. Don't mess it up.