The money doesn't just pop in instantly, it will gradually be put in over a period of weeks or some shit. Instantly pumping the market with a trillion would cause the market to probably jump 10-15% before dumping 10-15% kek'd.
Asher Nguyen
will there be an end of day pump?
Brandon Butler
>try to save the market >it immediately drops again
I got VXX puts. Bottom is in, and there's no way this gets worse. Trump/Pence have this under control frens.
Asher Cook
CHRIS: Playing poker against Paulie ”You read the news about that Corona virus?" TONY: Sitting down in the bada bing office chair with a sandwich in his mouth "mhm-eah, chink eating rat soup or some shit like that" CHRIS: "Bat soup, yeah." TONY: "Bat soup, rat soup, dog soup, last time I'm ever eating chinese again"
Crew laughs, except for Feech of course.
CHRIS: "Zipperheads are infected too, on a major fucking scale. This shit even made it's way to the old country" TONY: "Get the fuck outta 'ere. Italy? Where?" CHRIS: "Northern Italy" FURIO: Smirks
CHRIS: "Entire fucking cities are quarentined. I'm talking ghosttown, Rome looks like a fucking Will Smith movie" PAULIE: "Corona virus? Heh. Biological fucking super weapon if you ask me. A week or some' after the first case they already built a fucking hospital. It’s like they had it all planned out, resources ’n’ everything. Bet ya they fucking rigged it to evolve too, like a fucking time bomb or something.” TONY: Quickly raises his hand to the side of his ear ”Gettafuckoutahere! Got a fucking wife and kids at home, don’t think anyone ’ere wanna hear ’bout your theories and doomsday scenarios Paulie” SIL: Counting money and shrugs ”ehhh, I’m not too scared ’bout the virus. Papers agree with Tony, says it's nothing more than a flu" TONY: "Yeah but people are freaking out, already lost 9% in our webistic stocks" Looks at Christopher, slight dead-eye CHRIS: "Sorry T, shit like this can't be helped.” BOBBY: ”Don’t they have scientists that can predict these kinds’a’things? Maybe some of that artificial intelligence, who knows?” CHRIS: ”I dunno, anyways, like Sil said it's nothing to be worried about unless you already got a disease, AIDS or some shit like that" Close up of Vito looking down at the table.
POWELL I NEED MORE MONEY DEAR GOD DON'T MAKE ME CALL THE DONALD THINK OF MY HEDGES CUT THE RATES POWELL MY BANK IS BLEEDING RIGHT NOW I CAN'T BEG CHINA TO BUY OUR TRASH BONDS AGAIN GIVE ME LIQUIDITY POWELL AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
this wasn't to try to pump the market... it was to keep it from total implosion >municipal bonds are being sold big positions are hurting and when they go, everything does
>"Fiscal stimulus and further rate cuts from the Fed could offset some of the damage, but we now expect GDP to fall by 4% annualised in Q2 and stagnate in Q3, with growth for 2020 as a whole slumping to 0.6%, down from our previous forecast of 1.8%."
Angel Smith
Question: What actually happens with the money the feds pumped in. Where do the 500billion go? How are they supposed to help the market?
Julian Martin
There's no healthy slide into this crisis besides letting the recession happen on its own
Luke Young
Not going to get to that point my man.
Nathaniel Hernandez
ok so dow was actually pumped 1500 points, from 21350 to 22850, a 7% increase. In 15 minutes. How often does this happen?
Well now it doesn’t seem it’s going to get that low.
Jayden Murphy
They just give boomers money, beer and smartphones? No wonder this isnt doing much.
Kayden Miller
Fuck you I want to buy them cheap
Oliver Wood
Well there goes my lunch break. Didnt eat, no appetite. Good luck fellas
Sebastian Lewis
Savanon....Pendy...
Sebastian Parker
>3 likes Ugh, the fact that people hears him out at all is just ridiculous. The guy literally sat here on /smg/, lying about the size of his SNSS position for months until SNSS actually pumped and he felt the need to show his position to brag about it, now he's down again below his entry and is in all-out cope mode
Ian Reyes
stockwits
Nolan Reed
never....
Ian Foster
Why? If you buy penny stocks that is what you deserve. Like drinking bleach and then blaming the guy who told you to do it. Your own fault.
TD Ameritrade just blocked me from entering orders and I'm literally looking to move to another state or another country. Literally screw the Fed. They are CROOKS.
Is tomorrow the bottom? It really feels like we’re on the eve of peak despair. I know the virus isn’t going to just slow down over the weekend, but by then we’ll just accept it as a fact of life.
bros the Fed is going to buy all of our cheapies... if they buy the dip, then no one else can buy the dip... it's not fair !
Samuel Young
Yes. I dont think banks necessarily buy more government backed securities since the Mutual funds, pension funds that have these government backed securities all have mandates on how much of each asset class they must hold
Landon Murphy
i got scurred
Ryan Flores
everything is expensive. Try buying puts on a country not yet severely affected
Wyatt Long
>7.3% of GDP 7.3% of gdp >7.3% of GDP 7.3% of gdp >7.3% of GDP 7.3% of gdp >7.3% of GDP 7.3% of gdp >7.3% of GDP 7.3% of gdp
Man I kept telling you guys that SNSS user was one cold motherfucker to trick a-holes on here to buy an overbought bioshit penny stock. Shaking my head senpai but fuck it bro it's their life.
TVIX and SQQQ anons, make money in this dying economy.
>Was down $700 when bagholding TQQQ 2 days ago >Up $700 with TVIX and SQQQ
Ryan Rivera
>Last Price >$9.292
im fuckin blowing on these candlesticks, lil bit lower niguh
Jordan Edwards
Wait for the EOD pump at least.
We haven't even seen the impact on earnings yet, and that's assuming that corona is the only problem.
Ian Kelly
Tell me when to sell SQQQ and UVYX
Caleb Foster
A lot, if this keeps up. A friend of the family is a 65 year old real estate agent running a small company. He was already doing a bit poorly and living month to month and now the guvmint in the area expects all 60+ year olds to self isolate and shit, and for businesses to stop doing services, but at the same time they wont really reimburse for the downtime.
What happens when he still has to pay wages to his employees, is told he cant go outside himself, everyone is afraid of using their money/speculating for lower prices in the future? Shits looking grim for so many small businesses.
Tyler Hughes
it's dropping again what happens when drump stops the pump?
Kevin Rivera
So the nigger fed is actually going to make tomorrow a green day huh. Next Monday will be a bloodbath again.
Hunter Taylor
Not like any of us have 401ks or do anything other than shit post online and gamble.
Levi Gomez
Most normies only have some basic savings that will get wiped with money printing, I'm in debt so I'm happy that shit gets inflated away.
