>I bought SSO and DBPG. Wut do? The present meltdown is over a virus. A pretty nasty one admittedly but still, a virus. Zoom out to 2008. The entire economy in complete meltdown, huge investment banks Bear Sterns and Lehman obliterated. Families losing their homes, unemployment skyrocketing, a bearmarket that lasted years. And yet SSO and DBPG came through and best the market by 2x rewarding its holders. It did it then and it'll do it now. You don't even need to have faith, just zoom out, look at the chart, compare the circumstances and relax. If things get significantly "worse", see it for the gift it is and buy more. Imagine if you had bought DBPG at the bottom of the Great Financial Crisis. You would be rich as fuck right now. Maybe this is our do-over. If you sell or quit buying you will regret. That much I know for sure.
Sudden spikes in volatility = institutional funds have to sell something to maintain their margins and remain solvent. That's what happened 2 weeks ago and it looks like it will happen now.
Jacob Adams
My maple bucks are going to lose so much value due to the oil drop. It's going to fuck up my commissioning of hentai.
Christopher Hill
Imagine carrying confirmation bias across from irrational stocks to the cold hard reality of social unrest and negative trade impacts to 90% of all businesses in the world.
"Hurr, just look at the charts" yeah alright, go back to the great depression and multiply by the Spanish flu. If you have just the right amount of unhealthy trading tunnel vision you might be able to make out a trend you can lose all your money on.
Gabriel Cox
I just received my first credit card yesterday. What should I do with it?
You're assuming this doesn't pop then pension bubble or have any other knock-on effects in distressed debt. If BBBs start getting downgraded because of lack of consume demand over the virus, things can spiral out of control very quickly. The Fed has to go full, all out print mode to keep ahead of the repocalyspe.
Asher Hill
BrightGene has crashed in Shanghai. I don't think $GILD will make it, bros. Similar pharmaceuticals stocks down in Japan. I don't think I'm going to make it. Fuck.
Don't use Robinhood. It's run by exit scamming pajeets. Use TDA, Fidelity or Schwab. None of them charge commission fees anymore.
Jose King
If you had asked the same question about oil before the weekend and someone said a "10", they'd still be wrong because what's happening right now is somewhere around a 20. It's unprecedented. No one knows what the fuck is going to happen.
Adrian Wilson
stop listening to "just a flu bro" retards there is a bubble so fragile that a flu will pop it that's what you're up against. it's not the virus, this entire market is a mass delusion
Zachary Smith
I need some actual advice.
I bought SPY puts on Friday right before close. Is there any way to gauge how much these will be worth at open? I want to set a limit sell before going to sleep because I think SPY will have a bump up at some point on Monday, but I'm not sure where to put it right now.
So if this actually carries on through the whole week and maybe even next week, I wouldn't be surprised if we get new regulations on derivatives trading. Who knows, maybe it's just today right guys? Maybe the 10Y won't go below 0.4%? Hehehehehehehehehehehehehehehe
Dylan Hall
Can someone give me some of those Kino stock/trading/finance/economic YouTubes maybe about 2008?
Any idea where to short fucking stocks for non USA citizen? Any decent broker? ._.
Ian Rivera
2008-2009 crisis did not include refugee crisis. look up what's going on at Greek-Turk border. yuropeons are absolutely sick of immigrants, and so are americunts and aussies. it's fucking habbening. this whole virus shit is habbening because there's too many chinks everywhere.
Jordan Jackson
Both will be happening by the end of the week.
Fed has been pumping via the repo market for months now. I suspect a 75bps drop this week. It will STILL be a hellion of a week. Average people are scared and are cancelling most of everything until this blows over. This is causing a feedback loop of pessimism
Kevin King
Never listen to anyone who uses the phrase "average in." Those people do not understand stocks. Save your money until the bleeding stops. Dont go in at the first sign of increase. Its better to belate and leave some earnings on the table than to be early and be completely fucking wrong. Look for quality businesses that were affected by the crash but are still good businesses and put as much money as you can afford into those stocka. You could be setting yourself up for life
Jayden Perez
S&P500 and NASDAQ FUTURES HALTED AGAIN >S&P500 and NASDAQ FUTURES HALTED AGAIN S&P500 and NASDAQ FUTURES HALTED AGAIN >S&P500 and NASDAQ FUTURES HALTED AGAIN S&P500 and NASDAQ FUTURES HALTED AGAIN >S&P500 and NASDAQ FUTURES HALTED AGAIN S&P500 and NASDAQ FUTURES HALTED AGAIN >S&P500 and NASDAQ FUTURES HALTED AGAIN S&P500 and NASDAQ FUTURES HALTED AGAIN >S&P500 and NASDAQ FUTURES HALTED AGAIN S&P500 and NASDAQ FUTURES HALTED AGAIN >S&P500 and NASDAQ FUTURES HALTED AGAIN
Never been a better time to get into SCI. Just sayin
Jason Russell
I expect heavy support at 2750, but if momentum is high enough, it might just power through. We'll see.
Colton Clark
honestly probably gonna make money as absolutely everyone is more just going to be reacting to the whole market tanking from various sources. they'll dump absolutely anything with even the smallest exposure to coronachan, including airlines, and anything with a red candle on it, including airlines. you'll be fine.
Hudson Lewis
The 10Y and 30Y are the craziest fucking things I have seen in 10+ years of investing.
Have you seen the charts and options interface on both the schwab site and mobile app?
Christopher Wright
I don't know much about index funds, are they really that difference? I have some in SPY and some in VOO. I want to ask for recommendations but I don't know if it matters.
Isaac Lee
In Australia, all diagnostics and respiratory care stocks rose. I hope this is good news for $GILD.
Nathaniel Diaz
The patrician choice is TD Ameritrade lad. You should make the switch.
Ryder Miller
SHOULD I BUY 3X BEAR ETFs TOMORROW IN PREMARKET?
TELL ME YES OR NO.
I WANT TO MAKE A LOT OF FUCKING MONEY TOMORROW.
DO I BUY 3X BEAR MARKET ETFS?
Dominic Hill
>10+ years of investing oh so you've only been investing in the longest and biggest bull run in history? thank you for exposing yourself so fully
VIX could easily hit 60 this week. It's touched 50 a few times after 2009. We're going to start hearing stories of people getting liquidated for billions and getting dragged out of trading pits. Maybe I'm wrong though and things go back to normal :)
Levi Long
Help be brainstorm anons. What events could be the bottom? The bottom will occur long before the virus has run its course and probably before the virus reaches its peak.
Some events that I think might bring about a bottom: >cancellation of the olympics >737 max fix rejected >trump gets coronavirus >closure of disneyland parks
Gabriel Mitchell
What you're saying is orthogonal to what I wrote. I'm saying the price will in the future be higher than it is today so buy DBPG or SSO and ride the gains. Doesn't matter if Coronavirus is worse than the Great Depression it still won't last forever. I don't think it will be anywhere near that bad but if it is there's still not a good reason to just throw your hands up. You seem to think this is the end of financial history. It isn't. And if they do? Do the best you can cuz if everything goes completely to hell it won't matter anyway. If things are that bad then eventually they should get better right? Better to be in position during the bad times so you can best take advantage of the good times.
The bottom line is this. In the long term the market will be higher than it is right now. In the short/medium term the price will go up and down. When it's down, buy more. This has worked for 200 years and if it stops working now there isn't a damn thing you can do about it anyway so you might as well at least try to make something out of present circumstances.
Elijah Thomas
This is going to erase all of the gains made in the last 4 years. The same gains that Trump credits himself with creating. Trumps legacy is literally being erased.
Nolan Bell
world war 3, the middle east, europe, and USA vs China and russia
