>Puts bubble >Stimulus >Trump bux Next week is gunna be the bull trap of a lifetime.
Nathan Wilson
HOW TO MAKE MONEY FROM HIKKI MODE QUARANTINE? >HOW TO MAKE MONEY FROM HIKKI MODE QUARANTINE? HOW TO MAKE MONEY FROM HIKKI MODE QUARANTINE? >HOW TO MAKE MONEY FROM HIKKI MODE QUARANTINE?
Any open courseware worth checking out? Computer science/learn to code shit? Can I become a certified notary public or some shit? Let's come up with some productive thing to do besides a million bodyweight excercises!
Italy just announced the closure of all business that arent hospitals or part of the food supply chain. Everyone else is forced to stay inside
Ryan Moore
US cases skyrocketed today, Turkey is fucked, Italy just instituted everything short of martial law, usual infection climbs.
Robert Turner
Reposting from other thread: Honestly, I expect the S&P to try to stabilize around 2300; if it does, it could bounce up to 2650-2800. But if it breaks below 2300 decisively, there is no meaningful support until 2000-2100. Even then, the market might not hold there, given the dismal action in bank stocks. I would not look for a meaningful bottom to occur until the number of stocks making new lows shrinks, and more stocks begin to trade above their moving averages at various time periods. With 10-year Treasury yields bottoming and the Treasury yield curve steepening, bank stocks should have gotten a lift, he says. Instead, monthly charts of the group’s benchmarks, such as the KBW Bank Index, have broken down from a nine-year trading range. That tells me we’re going to see big loan losses, which makes sense, given the devastation we have seen across the economy. During the secular bull markets of the 1950s, ’60s, ’80s, ’90s, and 2010s, market-cycle lows often developed around their 200-week MAs. For instance,the 1957-’62 market cycle—which also saw a near-30% decline in the S&P 500, or a 62% retracement of the prior bull market, and a drop below the index’s then-200-week MA. We have to respect the market’s recent break below its 200-week moving average, but the precedent for a recovery is there if you look at 1962 and other cycles.
Reasonably, if you're playing spy puts, monday and thursday are your last good days.
What are some cheap etfs to get when coronavirus is kill?
Easton Perry
>Italy is fucked and going into full lockdown. Not baby bullshit lockdown, hardcore shit >Cases are exploding in some countries like Turkey, India, and Indonesia >New Jersey is issuing similar decrees to what New York did
No. You should have gone long on spy puts. This gives you time before you have to exercise your option. As it stands, your option is set to expire. Worthless.
Xavier Lopez
USO. I am thinking it will have one last hard push to the downside this week. Buy that and sit on it for a year.
Easton Gomez
I doubt it
Landon Peterson
i've been banking my put gains into SPXS for greater exposure.
It actually does mean nothing. Not with 3/5ths of the country, plus 98% of all manufacturing and first level production, still moving. The fact is that there are theoretical bottoms and that they should be featured into your strategy. You cannot count on the markets just dropping to zero. You need a firm entrance and exit strategy, which I suspect you don't have.
i barricaded my parents house and will not them outside or get the mail. I have a germicidal UV light array on the front porch with a bulb that peaks at 252 nm wavelength for sterilizing any packages or mail that arrive to the front door.
Jonathan Martinez
Well shit, I won't go hike anymore. My bad.
Noah Moore
On what, pretell, do you base that?
Nicholas Evans
Could you imagine the chaos if they shut down the stock market for any extended amount of time? NYC would go bankrupt in a day.
So, nothing then. Please show your work or I'll stop taking you seriously.
Andrew Phillips
Dude, even if it's not at your strike price you're still going to be able to sell at a profit, don't get too greedy, sell when you're at a reasonable profit, don't hold till expiration. Use those profits to reinvest.
Andrew Rivera
Guys if you turn the chart upside down we're actually mooning
Benjamin Hernandez
i don't care if you take me seriously. I'm right, and the coming weeks and months will prove it. Cap this faggot.
Isaiah Clark
If Coronachan leads into a credit crisis, we could see 2008/9 lows.
Anthony Scott
Buy ULTA puts while you can, makeup industry is in dire straits
Wyatt Gray
See even if you wind up being right about the eventual bottom you are likely very wrong about the time frame. $130 is another -43% down from Friday's close and you expect that in under two weeks?
Juan Gomez
I'm reminded of another user in the last thread telling me that there's no way these next few weeks are going to be a bull trap. His logic was that since every other crash has a bull trap around everyone would know it's coming. I told him there are retards who genuinely think this is the bottom and are going to buy in causing history to repeat.
Landon Watson
Just tell me where to put my money so I can profit of this chinaman virus shit, you autists.
Like I said. Long term we're fucked very very bad. 12 months of anything, lockdown, you name it and we're fucked. Short term, yeah we're still fucked but there's still time to advert the total failure point. If this extends past June, total failure is pretty much a sure thing. Past june, medical supply and TP shortage will be small potatoes, add food and other shortages to that list. Then you have the breakdown of the govt. Sooner or later, past june, congress won't be able to function due to lack of enough members required by the constitution to conduct it's duties. Not to mention if it spreads even more into the executive branch. Remember; congress must meet at a central location. This is mandated in the constitution. There is no such thing as a "work from home" clause.
Thomas Rodriguez
>every state going to be quarantined >american bodies piling up in the streets >hospitals overflowing >supply chains shut down yes
>Will soon pass China, Italy, & every other country in number of cases, govt will soon grind the economy to a hault because they have no other options, only businesses that'll be allowed to operate will be drug stores & grocery stores >b-b-but muh 200 week moving average
The weekend dow a legit thing? How accurate is it? Never heard of it until few weeks ago.
Eli Martinez
The only smart thing to do right now is hold it until some form of stability in this situation begins to materialize. Right now that is very far away, things are about to get a LOT worse with more of the US being locked down.
Cooper Hernandez
>The weekend dow a legit thing? How accurate is it? No and it isn't.
Joseph Kelly
If they can shoehorn a marijuana prohibition into the FDA's mandate and ban perfectly reasonable machineguns under the Commerce Clause, I'm sure they can pull some bullshit "modern interpretation" faggotry to Congress from Home.
Luke Sanchez
the spanish flu didn't stop continuity of government, and this won't either. What we are going to see is the social program schedule advanced a few decades. things that were already going to happen after the boomers croaked are going to happen NOW. single payer healthcare and UBI as emergency measures which will never be rolled back because no politician has the balls to take away something that has already been given to the public.
John Morgan
It's over, it's just fucking over, we aren't even near the bottom. Sell sell sell. This is 2008 Electric Boogaloo Redux: HD Remaster
This I can agree with. Given how companies are leveraged and dipping steeply into their credit lines this is very very much a possibility. Looking short term, 2300, 2100, and 2000 are the big numbers for the time being and good indications of what the fundamentals of the companies comprising the S&P are in terms of credit and overall risk.
I'm of the opinion that if the week looks good tuesday and friday will be days in which you will see a fair amount of buying activity and thus good times to exit upon market open. I'm pretty damn certain there will be bull traps in those moments as well as a fair few bear traps during the next few weeks.
Luis Wright
So i put 2000$ into GUSH and UWT respectively. I didn't know you guys were memeing. Im so fucking fucked
Jose Butler
It's some Europoor betting market using weird derivatives. It doesn't actually influence the market, but gives us a window into what a select group of autistic Europoor NEETs think is going to happen.
So no less valid than the futures market.
Aiden Cook
It's been pretty on the money for the past few weeks.
Luke Gomez
>I'm of the opinion that if the week looks good tuesday and friday will be days in which you will see a fair amount of buying activity and thus good times to exit upon market open. I'm pretty damn certain there will be bull traps in those moments as well as a fair few bear traps during the next few weeks. There's a beartrap going on right now. Everyone bought puts and shit last Friday. Right in time for the stimulus to drop.
Kayden Young
Yes
John Nelson
>TUMBLING DOWN EDITION Did I miss something? Is Monday expected to be blood red for some reason?
Aiden Allen
Disney is so so super fucked, could lose 20 a share Monday, no movies, no disneyland, have to make Disney+ standard definition, all movies going up at a fraction of the profits just to not break their 2021 schedule (expect Black Widow to go on Disney+ if virus lasts until June). I still don't think they can go under 40 a share though ever.
I feel like FOX movies, Star Wars IP, Marvel, the real estate they own, the insane level of IP if you were to sell it to China would be 500B all together.
I wonder how the cam girls are doing during the quarantine. You would think they would do well since they already work from home and now there are more people with free time, but people are also cutting back to just the essentials.
Jayden Wood
Why do you think GUSH holders are called GUSH-niggers here? Come on now
Jace Jackson
>be tsla >production of main goods halted full stop >still worth Four Hundred Twenty Seven Dollars and Fifty Three Cents
>for some reason Italy is going to pass 1000 deaths per day tomorrow, the worst jobs report in history is coming Friday, every day more states lock down non-essential services, and coronavirus is spreading literally uncontrolled in America. The Fed is trying to keep banks liquid but is now lending out A TRILLION DOLLARS A DAY to do it.
The current legislation is not going to be giving even temporary UBI. It's a rebate based on 2018 or 2019 tax returns. If you didn't file, you're fucked. Temporary UBI would actually be more effective for lubricating the real economy and quickly putting cash in the hands of the citizenry, but it won't happen. The only people pushing for this are in the progressive wing of the democratic party, and we all know they never get anything passed.
Jonathan Ross
The stimulus is not due to even be voted on until Monday afternoon at the earliest. But in all likelihood it'll be tuesday and wednesday before it's signed. If it even makes it out of the congress and senate. That assumes all goes well tomorrow at 3pm. A bunch of earnings data came out after market closed. A very large number of companies got ratings downgrades and the issue of the credit markets came out after bell closed. Further, the bad news over the weekend plus entire areas of the eurozone effectively shutting down are news headlines of the day. This is leading to decreased outlooks and futures point to a 1000 point dow drop on open and a 120 pt S&P drop as well.
god damn I was a fool to hedge for that "quad witchening" shit, those calls lost 50% of their value Friday and are going to be next to worthless once the bloodbath begins
Michael Nguyen
Stick with SPY or move on to Boeing? Bobo chads what are we doing?
Any bear willing to give me a realistic short to buy on the next big green bull trap? I am tired of getting fucked and now I am horny and want to fuck. I got 500 bucks sitting in my account.
Can 180 happen by April 23? Should I try to buy time
Christopher Bell
its absolutely going to happen if this lasts more than 2 months which it will. They need to keep people inside for months without sparking mass unrest.
Juan Garcia
It doesn't matter. India is fucked.
Easton Sullivan
$SH 34c 4/17 EZ MONEY
Ryder Wright
95 is long term support for BA, wait to see if it breaks that before dedicating too much to it.
Jack Roberts
But they are a super power!
Connor Wilson
I'm hitting DOW, and the Russell for end of April OTM puts, already have spy. Also NFLX, 80x earnings in this market? Nah.
Ayden Johnson
>120 pt S&P drop as well. Oh lordy please. If i get fired from low oil prices i at least want my puts to get me some money to live off.
Justin Myers
All the easy and obvious short term shorts have been exhausted desu. For longer term? Anyone with a lot of exposure to low grade corporate debt.
Michael Jackson
I can't see how they're gonna keep everyone at home for several months. >people WILL run out of money for food. >depression and suicide rates will go up. >increase in violent crime.
Luis Hernandez
I don't disagree that it's neccessary, but I think people will storm the US Capitol building before Congress ever comes to a bipartisan agreement on something like UBI. I think it is going to get very, very ugly.
Grayson Ramirez
>>people WILL run out of money for food. not with trumpbux >>depression and suicide rates will go up. not with trumpbux >>increase in violent crime. not with ________
