user, I don't think you fully grasp 08. >banks leverage out the ass for high(er) yield mortgage bonds because low default rates >banks need more, start stuffing bonds with subprime (read riskier) mortgages >lenders write to shitty applicants because banks will buy the debt regardless >sell shitty bonds to investors >ratings agencies go hmmmmmmmm but essentially then get bought off by banks and tell investors they're A-OK >subprime lending catches up to them, as borrowers begin to default >bonds begin to fail (ITS ACTUALLY HAPPENING!!!!!1!!1!) >Banks, leveraged UP THE ASS thinking these things could never fail have way too much shit on their books >try to offload shit to other banks, and then short the shit they just sold (The Big Short ftw) >banks drag each other down as money disappears from the world >no monies mean banks fire people cause can't afford them, ready to apply for bankruptcy protections to save what little assets they have left >insurers can't cover the costs >BANKS BEGIN TO FAIL >PEOPLE LOSE HOMES THEY COULDNT AFFORD >PEOPLE LOSE JOBS >obungur decides to give banks trillions of taxpayer dollars (I think it was dumb in hindsight, but I don't blame him for that decision, that's a tough call) >nobody gets punished >Nobody likes investing anymore, nobody likes banks, people are jobless, homeless, broke, occupy wall st begins, stocks low low low And now >Sanders is a possibility >50% tax, plus "speculation tax", plus high capital gains tax makes the stock market shit(tier than it already is) for retail investors and only the big boys can actually play >that means low liquidity in the markets cause it's only banks and rich people trading with other banks and rich, they're not really public anymore >decrease in several industries like healthcare and banking >plus airlines and cruises dropping because of travel corona fears It's a blip. Bunch of shit coming together all at once sending the markets into a tizzy, but not srs enough for 08 lvls
Joseph Richardson
10 year teetering on a waterfalls edge. Holy fuck I though it would take 6 months for the big drop but looks like 6 hours.
If you follow memes with your money you’ll get burned, almost nobody worth listening to in these threads or other investment circles will have the time, space, or energy to walk you through all of their research, intuition, or even all of their positions. Assume you’re getting one piece of a wider strategy at all times and risk manage accordingly.
And if you’re going to YOLO you should be sure you’re at least gonna lose your money in good company. That means knowing when to stop losses or execute gains on bets you at least feel deeply are sure fire. Good luck user.
David Bell
This is the end Beautiful friend This is the end My only friend, the end Of our elaborate plans, the end Of everything that stands, the end No safety or surprise, the end I'll never look into your eyes again Can you picture what will be? So limitless and free Desperately in need Of some stranger's hand In a desperate land Lost in a Roman wilderness of pain And all the children are insane All the children are insane Waiting for the summer rain, yeah There's danger on the edge of town Ride the King's Highway, baby Weird scenes inside the gold mine Ride the highway west, baby Ride the snake, ride the snake To the lake, the ancient lake, baby The snake, he's long, seven miles Ride the snake He's old and his skin is cold The west is the best The west is the best Get here and we'll do the rest The blue bus is calling us The blue bus is calling us Driver, where you taking us? The killer awoke before dawn He put his boots on He took a face from the ancient gallery And he walked on down the hall He went into the room where his sister lived, and then he Paid a visit to his brother, and then he He walked on down the hall, and And he came to a door And he looked inside "Father?" "Yes, son?" "I want to kill you" "Mother? I want to..." Come on baby, take a chance with us Come on baby, take a chance with us Come on baby, take a chance with us And meet me at the back of the blue bus Of the blue bus, on the blue bus, on the blue bus Come on yeah Fuck, fuck Fuck fuck, fuck, fuck Come on baby, fuck me baby yeah Fuck fuck fuck fuck fuck Come on baby, fuck me baby Fuck fuck fuck fuck fuck Come on Fuck fuck Alright Fuck fuck Kill, kill, kill, kill This is the end Beautiful friend This is the end My only friend, the end It hurts to set you free But you'll never follow me The end of laughter and soft lies The end of nights we tried to die This is the end
I want to add more to AMD but it's growing rather than shrinking in this market drop like I wanted it to. I was hoping for 45 or below soon. Plan was to hold until 70 as things got back in order.
Also add more into CVA and then look at some other things. I want to grab capcom but I've been having issues as I can't buy until something clears but I can buy anything US. Odd.
I'll be pushing more into things that push dividends annually/quarterly as a long term strat for building passive incomes. Recommendations here would be appreciated.
I remember a month ago someone made a thread about gains on Greek stocks. We really were at the top kek
Eli Ward
Rule No. 1 anytime someone mentions Greek stocks its 100% over
Eli Foster
either it's 2008 and I'm buying the top and should probably kill myself, or it's not and everyone will go back to work after sniffles season, and stocks will never be this low again and I'll be able to give my grandkids shares of Coke, Microsoft, Costco, Applied Materials, Mastercard, and Merck, and they'll be the richest fucks in the Moon ghetto.
I should probably buy more Barrick and GLDM though. Maybe some Franco Nevada or something?
Also maybe something like Dexcom?
I was just reading that a lot of the selloff had to do with over-leveraged funds needing to crash out immediately.
And there's a lot of fud over consumer debt regarding car payments, but losing your car ain't like losing your home. I'd like to believe the financials are stronger than they were back then, but they've been rolling back laws and decreasing regulation since trump got in office. You never know what kind of stupid games the've been playing in the back room.
This doesn't tell me anything about a financial depression. More people than ever can work from home, and everyone with a minor case won't be bedridden with pneumonia. Just wear a mask... we have about 1% of the masks required though, that's good FUD.
Economy crashes. Great depression pt 2. I'm loading up on prep and waiting for the looters/grid down shtf scenario. Ready to bug out at a moment's notice
Anyone else unironically like Cramer and think he really does care and have some deep insights even though he's only mortal and can't be right all the time?
I wish I wasn't a pussy and had all my money in puts and sqqq calls, i'm 2/3 cash right now
Colton Davis
What do you guys think about real estate? Mortgage rates are real attractive right now, but I don't know how all of this volatility would affect the market. My gut tells me that money would flow into housing as a safe haven so prices aren't going to collapse, but I'm smallbrained on this sort of thing. Would be for living in long term.
Jack Gutierrez
>More people than ever can work from home
Only 8 million people in the US can work at home, do you think that will save the country's finances from going belly up when everything sector goes to shit?
houses are expensive as fuck thanks to boomers, would not enter right now
Liam Watson
At this point who knows. It's absolutely fucking crazy that we're still dumping after a 50 basis point UNSCHEDULED cut. They cut another 100 bps? Maybe it'll bounce up big for a day. Then what? What if it continues to dump back down, and now Fed has blown all their load?
The surest single move if it opens red is probably to wait for 30-90 minutes after open and see if a bottom starts to form, buy calls to yesterday’s lowest high, sell them at 10% gains or more depending how stupid you want to be about it
Ayden Cook
You didn't hear this from me, but tomorrow is BULLISH.
Lincoln Ward
You're making me feel like I should have sold my ford put before market close. Definitely selling before the weekend if any of my profits make it until then.
Juan Robinson
Boomer bubble in housing
Gabriel Powell
I really fucking hope you are not buying tomorrow. We are still at a dead cat bounce.
Everything gonna dump. Could see -40% before end of this year on all assets
Angel Robinson
here's your (you) dumbshit
That's not even true redditspacing
double breaks between paragraphs isn't redditspacing
double breaks between sentences is when it becomes a problem
I've been here longer than I'd care to admit
long enough to see my homeboards opened, closed, invaded by r/incel exiles, livestream suicides, and see some of my favorite mentally ill posters suicide obituaries
here longer than you fagboi
Aiden Collins
Just started this shit, so i'm probably being dumb as fuck, but how would this even make money. Wouldn't the premiums be to high to make a profit?
Brody Robinson
Buy the dip :^)
Levi Bennett
If you can sell for profit every day you’ll do better than most people who try this, trailing stop loss targets are the way to handle options imo. I take small money but I take a lot of it.
Every once and again I yolo though because life is shitty and boring when the basics are already guaranteed but you’re not actually rich.
Wyatt Carter
>bro if everyone worked at home our 70% consumer economy will be fine Lmao
I’m almost all in on SQQQ with a tiny bit of SPXU and GDX. I’ve wanted to write calls on the SQQQ but I’d hate for them to get called away in the midst of an economic armageddon.
Charles Perry
>we're fucked pattern
Evan Hernandez
3000 BREACHED
Aaron Turner
S-savanon...Pendy...
Bentley Fisher
If you buy and sell the options during continued high volatility you won't have to pay for IV.
That being said I dropped my options to just go short because I wanted to cash in on higher IV, bought Wednesday at close and sold thursday then went short instead of using options
Carter Gonzalez
Less liquid markets fall slower than more liquid markets as transactions take more time. First will be the stock/bond/paper market, but real estate falls months afterwards.
Charles Mitchell
Feel like it will go back up to 50-75% below the ATH before the drop. Depends on the news cycle though and what drumf does to influnce sentiment. Fuck the fed they are just making this so much worse. Definetly straddled across the board due to volitility.
Logan Ramirez
why you keep posting this, i have't seen college broke boi make any posts lately
Cooper Nguyen
God damn would tesla please fucking crash back to 400? I've been sitting on these puts forever
Joseph Reed
gold.
>Fed is accommodating, Corona is about to get much more widespread, from an insider friend my dad has. 0 interest rates here we come. Plus you can't even test Corona in America yet.
>US loses its safe haven status
>If recession, QE will boost gold too
>Lots of momentum from last year
Justin Martin
$OPK with a new corona virus test. CEO just met with Trump this week. With the CDC original test kits not working properly word is they are getting gov’t contract for new Corona virus test kit worth 100’s of millions.
In a year or so when the DOW is at 40K, you'll look back on this day and go, "I should've loaded up while everyone was 'AAAAA-ing' and posting pink wojaks."
Uh... basically, and I do mean basically, premiums on calls will be lower the longer and further something has been trending downward. When it starts trending upward again, you can resell the option at a higher price to close your position for a profit.
Blake Watson
This is impossible. THere's no way that number is right.
