When will it be cool to by Aflac again? Will insurers be fucked by increased claims if shit hits the fan? Will the outlook for North American manufacturing be better in the next 5 years because people become leery of relying on chinks?
I'm closing my positions monday. J. Powell could bazooka my anus next week
Blake Bell
>futures green... >...that have been trending downwards little by little for the past few hours.
Was at 500+, now at 100+ as we speak.
Andrew Collins
we are much lower because THIS IS NOT A STOCK MARKET CRASH its is a health crisis FAGGOT
Xavier Richardson
alright let's just cut to the chase here:
how many of you anons ACTUALLY THINK the world is over now due to the coronavirus? that civilization as we know it is dead and all major world governments will soon dissolve into anarchy and violence? how many of you sincerely believe this to be the case and there is no way to avoid it?
on a side note: what are your plans for the next year or two as a result of these beliefs of yours?
Analyzing patterns. They figured that it would follow the green red green red pattern but the news has just been too bad today. Might still finish green tomorrow though if Trump gives the gibs to corporations, idk.
if you buy solid companies you will find that many have already bottomed, or barely dropped at all, good time to buy if you actually plan on buying shares in solid companies
all the losers going full blown panic mode are probably trading leveraged index etf's and are basically just gambling on sqqq/tqqq and chasing the market like a bunch of buffoons
My portfolio is actually up 1.2% today, and ive increased my share in dividend paying businesses who are unaffected or even empowered by this current economic climate
Today is apparently damage control email day for retailers, movie theaters, etc. I have received no less than three "we're monitoring the situation" emails today from various things.
Brayden Mitchell
The virus is basically fully priced in now, but until there's a cure or some shit there's no reason for the market to head back up either. So we gonna crab for the next few weeks.
It will definitely go back to ath before Trump's election though.
Blake Allen
Sick and tired of migrants pretending they know what crab means.
Read an article from WAPO that Trump's meeting with senior Republicans went poorly when he floated the payroll tax. They didn't seem to be on board especially when he asked for it to last till next January. They even mentioned that Republicans aren't interested in getting anything done till after the upcoming break.
Bentley Richardson
Reminder that the fed is going to keep pumping until the country is on fire.
>The virus is basically fully priced in now The market has not priced in more countries developing outbreak clusters. And then there's the oil fubar. I'd like to go long once things look decent for it but the situation is a ways away from that at this point.
They couldn't answer any questions about it during the VP presser.
Dominic Richardson
Glad I sold my crypto garbage at the peak. My stocks may be fucked by crypto did net me some good gains.
Xavier Adams
Chart is still deep in bear territory. I suggest you wait a bit.
Jackson Morris
That's exactly how you play this, congratz. Just avoid the sectors that will get absolutely rekt by the virus (travel, tourism etc) and you will come out golden.
I've just used today to increase my position on 3M by another 25%.
Samuel Morgan
Why are these people not treating this like a big deal? >Buy the dip, we will be at 3200 by end of year >Only losers sell equities and hold cash >Buy when it's down, then when it goes down but more, then triple down at 90 What the fuck is wrong with these people?
Zachary Bell
Maybe he'll talk about something other than (((fiscal stimulus))). Who am I kidding
FUTURES NOW BELOW 30 >FUTURES NOW BELOW 30 FUTURES NOW BELOW 30 >FUTURES NOW BELOW 30 FUTURES NOW BELOW 30 >FUTURES NOW BELOW 30 FUTURES NOW BELOW 30 >FUTURES NOW BELOW 30 FUTURES NOW BELOW 30 >FUTURES NOW BELOW 30
Carter Martinez
>i hope i dont have to go back to flipping burgers after all my clients see were down 30% on the quarter or some such thing
Dominic Morales
looks like insiders have been pumping after hours. my educated guess is that trump will have good news, tax cuts, vaccine deployment, economy/tourism is doing better than expected, all to be announced at 9pm today.
Justin Ross
it's over
Tyler Smith
god italy getting fucking obliterated back an entire decade or even more
there was pumping yesterday. and what happened? there was also pumping on monday. and what happened? it doesn't even matter anymore, just making the crash bigger when it comes
Logan Hill
is jokes
Samuel Carter
what trumpf has to say to make tomorrow green??
Daniel Myers
...Is the pump priced into futures? Because if the Fed is going full bore and the markets still open down..?
Problem is that tax cuts/ economic shit Trump can pull is like putting a bandaid on an open wound. You can't save shit when people aren't buying or working.
Isaiah Hughes
looks like a Tiesto concert strobes
Kayden Stewart
Can't wait to buy a cheap vacation house in italy later.
Hunter Bailey
Look at it this way. We've shaved 20% off the "price" of the market already, but the economy isn't going to shrink 20% due to some dumb virus. It will be low single digits tops. So the extra shrinking is basically trimming down the excess fat from 2019 which was bloated, but we are below a couple percent off the long term trend line right now.
Jaxson Carter
Welp. Futures have rejected the early optimism. That ain't good.
Aiden Barnes
>implying those money will go into stocks right now
James Watson
Unironically fitting for the current state of the market.
Jason Bennett
Is this market basically just an adult swim for people allowed to trade after hours?
Sebastian Myers
People will just work at home
Jack Parker
I'm not sure about insurers, but if the number of claims go up they will just raise prices next cycle. They can also just make up reasons to turn down claims or cheap out on payouts. Very little people can do about it.
As for manufacturing. Companies might pull out of China, but they aren't coming back to America. If they do anything they will spread out their manucturing across several third world countries where they can take advantage of cheap labor and non-existent labor laws. While China has a ton of business Western companies already have factories all throughout South East Asia. Apple would rather build a factory in Myanmar than in America.
>but we are below a couple percent off the long term trend line right now. Market not same as economy. There isn't a 1:1 ratio of market decline to economic decline.
Andrew Lopez
This. Payroll tax cuts don't help if no one is working.
Owen Thomas
does anybody feel devilish that normies are getting ICO shitcoin drops on their boomerfolios? They aren't as psychologically equipped as us.
Dominic Martinez
All I ever wanted was a gf before I died
Caleb King
Yes you can, UBI
Anthony Reyes
"Tractors: Turnip! Buttocks!"
Juan Watson
>Can't wait to buy a cheap vacation house in italy later.
Agreed. The only thing wrong with Italy is Italians. Cheap villas are just an unexpected benefit.
Jonathan Perry
Okay, real situation, not larping: I was planning to buy a house this summer, so in January I took all of my non-retirement savings (about $80,000) out of stocks and put it into bonds.
This was almost immediately before the stock market started to tank. My question is, should I buy back into stocks, and if so, how much further should I wait for it to go down before I do?
Understanding of course that there's no right answer to this question, what's your opinion, Yas Forums?
Jonathan Thomas
No the problem is the payroll Tax will add billions to the debt
Alexander Watson
Yeah, just let all these stores, restaurants, parks, conventions, construction sites, and hospitals work from home. You're fucking delusional
Alexander Ortiz
Just wait until the States do the same.
Leo Butler
Have you considered knee pads?
Nolan Wilson
wait until the Q1 earnings reports come out. a couple of days after that, i will buy back in.
Adrian Richardson
"Working from home" doesn't apply for more than 70% of workers.
Evan Richardson
Debt doesn't matter anymore - they've solved it by printing more money.
Austin Rivera
If he got sucked up feet first he'd die and the oompas would still sing.
Carson Reed
>how much further should I wait for it to go down before I do? There's 2 schools of thought on this.
Buy now and wait for recoveries. (safe) Wait for the ultradips and scoop the cheapies off the floor. (risky but max profit)
Pick your poison.
Jayden Peterson
Not with that attitude Imagine controlling construction vehicles from home in a VR environment This is future coming true
Justin Wood
>vaccine deployment That is not how this works. Even if they found one weeks ago, there is procedure to follow which would take at least a year to complete.
The only thing he'll be able to talk about is a payroll tax cut while pleading with people not to sell. There won't be much good to talk abiut unless he just gets on and starts telling bald-faced lies.
Adam Campbell
We're talking about a trillion or more here, not a 7 billion
Camden Clark
Were you guys not here Tuesday when we went +5%? This is the last hurrah. You should have sold your shorts today and buy them back tomorrow.
Brayden Phillips
go all in leveraged puts on APPL
Tyler Adams
>HURR IM RETARDED Shutup retard
Nolan King
Why 3M? Good dividends?
Caleb James
i guess that will happen around april / may.
John Williams
United States hasn't gone through the same quarantine measures as other countries. We still have a ways down to go. Wait until after that.
>owe trillions to chinks in debt >chinks can't cash in The play of the century - shorting your own national currency and making it crash knowing the other guy can't do fucking shit.
Hunter Gomez
Those are menial jobs that doesn't generate economic activity anyways If you can trade at home you can work at home
Connor Walker
>Tuesday when we went +5% people just fixed some profits, no biggie
Nicholas Hernandez
It's the same shit. Right when it's about to cross a threshold everyone goes short, it doesn't drop as much as they though and the run to cover pumping it up with the longs riding the waves.
Isaac Gray
Wait until Europe and America have been fully hit. France and Germany are going to look like Italy in a few weeks, along with the US.
We still have a long way to fall.
Daniel Foster
The USA is ripe for breeding the virus, most unhealthy faggots on earth, america will turn into the new plague domain of nurgle
Nicholas Fisher
>-25 and dropping lmao the absolute state of bulls
You're a jealous boomer who's living behind the times
Jaxson Cook
>the President will beg on live TV for people not to sell their stocks
That will definitely not cause a fucking panic
Brody Smith
You dodged a fucking bullet. I wouldn't put money into stocks again until things look stable. While the market is still flailing up and down nobody knows what the fuck is happening. I'd wait until at minimum April, but probably more like June/July is when things might stabilize.
Dominic Lee
motherfuck chinks.
Cooper Perez
Looking for a cheaper broker anyone tried IB, Interactive Brokers, as a Canadian? Seems to be the most affordable-commission fees are killing me
