Cramer calling for a new deal on cnbc this morning and several experts saying the depression word. This economy is crashing with absolutely no survivors
The Fed knows about support levels. This is a MAJOR support level.
They are gonna POOMP IT. The bad news came out overnight via a leak in the White House. Futures priced it in.
Now they are gonna POOMPPPP with a stimulus package from the Congress.
Adrian James
>bad news came out overnight via a leak in the White House. ?
Juan Parker
BUY OIL
$24
BUY IT YOU CUNTS
Jonathan Sanchez
I can't find the tweet, but they leaked the Canada-American border shutdown overnight.
Evan Richardson
Source: your ass
Jackson Peterson
Oil is going back to $15
Luke Phillips
I thought you said it was bad news
Joshua Kelly
Muscle cars are about to go back in style, baby!
Benjamin Parker
New Hummer when?
Connor Garcia
New Hummer is going to be 100% electric. Demand for oil isn't coming back.
Jordan Rivera
Dumb zoomer.
Elijah Anderson
Why would it not?
>Virtually all industries rub against petrochemicals in some way >Low prices encourage this to expand >Eventually oil producing controls will restrict supply again to increase prices once everyone is hooked on cheap oil
Eli Rivera
if they ban shorts do options some how get affected?
Noah Walker
Is Trump speaking today?
Nathaniel Moore
Yeah
Nathan Thomas
ETF OR MUTUAL FUND. IM A NOOB IM BUYING 5K RIGHT FUCKING NOW
>demand for oil isn't coming back LOL you're literally retarded. Checked this, now look at it Oil will never go out of demand, dumb fuck. Big Oil will not allow this, nor could the world even think about transitioning away from it. If we didn't have oil, you and your entire family would starve Tripfags - not once, not ever.
so whats the feds game plan today? midday pump followed by dump?
Hudson Powell
Are you all feeling a bit silly now about your doom-mongering? It's pretty clear that coronavirus is just a small bump that we'll have forgotten about in a few months. It won't even cause as much disruption as 2008.
Jeremiah Diaz
Trump is a genius labelling this the Chinese virus because it deflect attention and focuses it onto the Vjrus as the cause and the Chinese. He is truly playing 4d chess and owning the media.
Liam Jenkins
I genuinely cannot tell if people like you are trolling or if you are just actually retarded.
Jordan Parker
He's just scared shitless of the Dow hitting Obama era numbers.
Brody Reyes
I think I'm going to dump my SQQQ today boys, been holding since
Funniest thing about this mess is that people are going to be accusing of these companies for doing shit like this, all the while they enjoyed the growth for years and you couldn't hear a peep from them about buybacks and cheap money being a bad thing. And yeah I think we're in for a bit of a crab too until it punches through 20k and then we continue down hard again. That's unless it closes under it this week.
It's going to pump when Trump talks, I'm going to try to get out of SQQQ as high as I can (still in good profit) and get back into it when Trump talks about cures/vaccines. It'll dump later this week and retest 20k.
Easton Thompson
>trillions upon trillions in repobux from Uncle Jerome for a bounce the size of your babydick wew lads we sure are in a bull market here
Anyone with more than two functioning brain cells has been complaining about the money printing and buybacks, but unfortunately there aren't too many people out there who care about it when things look good. It's one hell of a short term strategy and will cause turbo holocaust when things eventually come down.
And checked, that's a beautiful ID.
Jackson James
It's the same stupid stock photo they've used for years
does anyone know if Delta on the option greeks changes after you own an option contract? im looking at fast moving options on SPY and delta keeps changing even when the price is the same, so does the delta freeze and stay teh same when you buy your contract or does it randomly go up and down after you take ownership of contract
Yeah they won't fall for it in the long term, but they will pump it up during his speech. That's my point! It's going to keep sliding, make sure you maximize your plays because when Trump says bullish stuff it goes up then dumps a day after.
Brody Rivera
> several prominent investors and executives have asked the Trump administration to bring back a legacy securities regulation called the “uptick rule,” according to a White House adviser.
> The rule, which got scrapped in 2007 by the Securities and Exchange Commission, bars short sellers from betting against stocks when their prices are falling. To place a so-called short bet that the stock will continue to fall, investors must wait for it to rise.
...
wiki > The uptick rule is a trading restriction that states that short selling a stock is only allowed on an uptick. For the rule to be satisfied, the short must be either at a price above the last traded price of the security, or at the last traded price when the most recent movement between traded prices was upward
I'm not in the market yet myself, got to make some money before I can get in. But it's grade A entertainment watching the meltdown. And it's educational too. You'll have some idea what's going on in the world hanging around this place. Guaranteed the TV isn't going to tell you that this unsustainable debt bubble is the main reason things are getting so utterly fucked. Hell, they celebrate the free money even now.
928 new coronavirus cases in the usa today.. like they are not containing anything. Air conditioning will spread it more than in other countries USA IS KILL USA IS KILL USA IS KILL
I just want you to know I appreciate these threads, I ignored them for so long thinking that they were basically a stockmarket version of the pajeets shilling shit in the main. I might actually stay on biz for a while.
Nicholas Hughes
pol thinks that if it doesn't participate in the financial system it wont hurt them. pol doesn't know it's been playing the game it's entire life and it's inaction is what is hurting it.
Republicans love the free market until it starts to fuck them then all of a sudden it's NOOOOOO TOO BIG TO FAIL WE NEED BAILOUTS AND PROTECTION FROM THE BIG SCARY MEANIES SHORTING US
Brody Anderson
What a time to be alive.
Kevin Allen
>19k
umm jerome?
Brody Jones
PAMP IT JEROME AAAAAAAAAAAAAAAA
Parker Morris
>Bank runs Not really possible in a useful way. FDIC insurance pretty much ties banks to the security of the government for small holders.
If FDIC insurance fails, you should probably go buy rice or something with a credit card.
I do not understand why Broadcom is dropping so sharply. I'm getting tempted, their ex dividend is 20th of March and why would their business be affected by Corona?
Max check. This is a classic case of Jevons paradox. Increased efficiency leads to increased demand. In markets, efficiency is the utility of a resource divided by its price. Cheap oil makes oil dependent industries more economically efficient, which leads to expansion, which leads to more oil demand.
Gavin Myers
Yas Forumstards know they're part of the game. You would have to live alone on a lost island to be not part of the game.
Levi Rogers
He took money out
Austin Torres
ITS GOING SUB 20 AAAAAAAAAAAAAA
Brody Gray
Trump is running for re-election in the year 20 and thus will never let the dow drop below it. He even hinted at it.
Desu it's actually really tempting to just get a $25K loan and start doing it, making the payments with profits. For now especially, working from home I'm checking the charts every couple minutes so it's not like time is an issue. A possible workaround is to just hedge etf gains with counterparts, like if you are up 10% on SQQQ then offset it with a TQQQ purchase that will roughly line up for trading the next day. Then you can avoid the day trade while being in profit.
Gabriel Williams
>grabbed SQQQ at market open Lads why am I stupid
Thomas Diaz
Yeah, I'm thinking we're back bros N O T H I N G B U R G E R
Jace Sanchez
I hope to his it pumps again AHHHHHH HELP ME JEROME
Imagine being this retarded, there is literally a report from last night on CBC (the Canadian state news agency) saying they were planning exactly what they announced.
Connor Ross
You were saying?
Evan James
no retard we know it will hurt but we also know its drip feeding us poison that will kill us. i'm just worried iwth shills like you retards will actually try to do day of the rope stuff instead of the smart thing; form communities that are armed and practiced with those arms, and tell any feds demanding taxes or etc to fuck off. coups are a meme. jews are a meme. the only thing holding back these people is a network of trust capable of standing up to the evil inverted pizza gate shit the feds employ. the average Yas Forumstard cant trust their fellows to stand by them and form a tight knit community they would fight in. this is exactly the kind of person the deep state wants to fight a fake revolution. an armed public doesnt have to fight, it just has to manufacture and destribute weaponry and ensure the citizens have all the power and telecommunications needed to organize it.
> On September 18, 2008, presidential candidate and Senator John McCain (R-AZ) said that the SEC allowed short-selling to turn "our markets into a casino." McCain criticized the SEC and its Chairman for eliminating the uptick rule.
Ignorant bag-holding bulls are going to blame you for all of this
SUB 20K >SUB 20K SUB 20K >SUB 20K SUB 20K >SUB 20K SUB 20K >SUB 20K SUB 20K >SUB 20K SUB 20K >SUB 20K SUB 20K >SUB 20K SUB 20K >SUB 20K SUB 20K >SUB 20K SUB 20K >SUB 20K
thats just jews, the average republican has very little invested in stocks, they prefer tangible goods like old cadilacs.
Kayden Sanchez
anyone can give me a reason to buy UBER or LYFT right now when there is no indication that the price of their stocks is going to stop from falling in the near future ?
SPY FORMING DEATH CROSS ON THE DAILY >SPY FORMING DEATH CROSS ON THE DAILY SPY FORMING DEATH CROSS ON THE DAILY >SPY FORMING DEATH CROSS ON THE DAILY SPY FORMING DEATH CROSS ON THE DAILY >SPY FORMING DEATH CROSS ON THE DAILY SPY FORMING DEATH CROSS ON THE DAILY >SPY FORMING DEATH CROSS ON THE DAILY SPY FORMING DEATH CROSS ON THE DAILY >SPY FORMING DEATH CROSS ON THE DAILY SPY FORMING DEATH CROSS ON THE DAILY >SPY FORMING DEATH CROSS ON THE DAILY SPY FORMING DEATH CROSS ON THE DAILY >SPY FORMING DEATH CROSS ON THE DAILY SPY FORMING DEATH CROSS ON THE DAILY >SPY FORMING DEATH CROSS ON THE DAILY SPY FORMING DEATH CROSS ON THE DAILY >SPY FORMING DEATH CROSS ON THE DAILY SPY FORMING DEATH CROSS ON THE DAILY >SPY FORMING DEATH CROSS ON THE DAILY SPY FORMING DEATH CROSS ON THE DAILY >SPY FORMING DEATH CROSS ON THE DAILY
DRAIN THE BLOOD OF THE INTERNS WE'LL START PRINTING IN RED INK
Henry Nelson
I don't wish to coom I wish to watch
Evan Ramirez
WHERE THE FUCK IS JEROME WHY ISN'T HE OPERATING THE MONEY MACHINE WHY CAN I NOT HEAR BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR ????
Fucking finally, now we can drop properly again until they try to BRRRRR the fuck out of it again at 17k or 15k. Won't work there either. We're going to 10k. >Inb4 they pump the shit out of it before the close and bring it to 20001.
This is apocalyptic for the oil industry. Even without corona this alone would have been able to pop this ponzi bubble.
WHERES THE FUCKING BUTTOM AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA