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>Congressman from Michigan: Hospitals are at capacity, if cases keep doubling every few days doctors will have to start deciding who lives and who dies >DOW up 8.5%
yes, because stonks are up despite us being two days away from hospital capacity in multiple states
the bottom is happening this week if it was yesterday
Ryder Sullivan
>allowing for 10% better short positions
James Ortiz
Yas Forums brings the old memes. And the most idiotic racism. Whatever... Anyways time for a look at the markets: S&P up nearly 8% DOW up 8% today VIX is down on news that volatility is dropping Oil up half a percent today. Any additions to the brief let me know and I'll add it.
Alexander Wood
The market has priced in having no customers, no workers, and no trade. BUY NOW
Ayden Lopez
bulltrap reason: havent peaked corona, no vaccine, Q2 reports
Brandon Price
Pumpy pumpy. This is why you hunt for longs when the market is down ~30% rather than hunting shorts like a mongoloid
Blake Cooper
im not sure but it works
Evan Morris
this is the sixth(6) time in the last month the dow is up 1000 in a day
Never invest what you're not willing to lose completely
Levi Gonzalez
A couple FACTS for the bears still coping in this thread:
Over 50% of the dead in Italy had over 3 simultaneous disease Italy is marking all deaths with those tested positive for the Holocough as deaths due to COVID19. If they get a heart attack and die but had COVID 19 positive PCR, that's considered a rona death >SOURCE: covidgraph.com/p/coronavirus.html#comorbidities
CFR is liekly sub 1%. Inflated by Italian comorbidity procedure for classifying cause of death and the fact that many haven't been tested yet. >SOURCE: medrxiv.org/content/10.1101/2020.02.12.20022434v2
BOBOHOMO GENOCIDE INCOMING!!!
Matthew Young
Infinite QE might be time to put a little bit of cash in precious metals, which also happen to be mooning today.
Colton Brown
why not both?
Brayden Walker
Yes. The Senate isn't passing anything today, bad unemployment numbers Thursday and by the Senate's own admission it seems like a crapshoot whether or not they will even be able to vote on it again by Friday. The ACE is also standing up field hospitals in NY which is probably not a good sign from any standpoint kek.
Finally another bull trap! All the boomers are buying in again, can't wait for the pain when they realize the bear won't be defeated so easily
Benjamin Sullivan
should I sell my Tesla and make 50 bucks or just HODL lol
Jaxon Murphy
>Now it's bankruptcy if it doesn't go down by the end of the week. >Yes I'm that stupid. Yas Forums - Business and finance
Noah Jackson
cope. US is world reserve currency. We literally cannot suffer from hyperinflation. Enjoy your pet rocks faggot
Michael Scott
Absolutely based
Joseph Bailey
Thursday will save you user
Samuel Brooks
>SQQQ keeps plummeting >got a whole third of my poorfag stack into it for 100 shares >losing 40 dollars already despite buying limits going down all the way to 23.75 to minimize loss
I am nervous, please tell me it is gonna give me loads of money and isn't just going to suck dry all my gains.idk what else to buy right now with everything shooting up and only got a short on XOM going from 35 otherwise. Scary that market keeps pumping, scary.
> tfw I started my government job on Feb. 24 > tfw they instituted a hiring freeze literally right as I started because they had all the employees they needed
If the market has priced in all this crap, then there is literally no reason for the market to ever go down again
Hunter Anderson
Look at cruise ship stocks, are we seriously bailing out the cruise industry? Why are they skyrocketing? If any industry deserves to die, it's them. They don't pay taxes, they treat their workers like slaves, and they pollute and dump garbage into the oceans with 0 regulation. They don't even fly their ships under US flags so they don't have to abide by our laws. It's fucked. If we bail out that industry we are fucking done.
Yes, that's right. Crab market kills 3x ETFs. If the underlying index just goes +3% -3%, you will lose money over time.
Colton Carter
>Im actually starting to believe it can keep going up
Nolan Taylor
>market down 35% from ATH >Better buy puts For fucks sake user
Angel Long
BASED BULL CHECK THESE DUBS
Thomas Lopez
this is a meme right you know it reverse split right
Caleb Kelly
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaannnnnnnnnnnnnnnnnnnnnnnnnddddd wallah! the dow jones will never be below 20k again! what cheapies Y'ALL buyin? just picked me up some: AAPL MSFT SPY (for good measure) HOG BRK.A BA
I told everyone GUSHers will GUSH cum from their cocks but no one would listen.
Alexander Stewart
The Fed announced unlimited QE, the market can't make huge drops day after day forever, boomers trying to exit. I'm not even a permabear doomfag or anything but I really don't think we have seen the bottom yet.
The priced in thing is a joke we use around here to make fun of crypto friends who make stupid predictions based on literally no information
Resort stocks have been a long running refuge for stock market programs to hold cash in since they don't have much volatility. As such, their valuation more or less goes up automatically. This is temporary. When you see them inevitably drop, this is from the systems moving liquidity out of those stocks and back into other accounts
Nathaniel Brown
What was the reverse split ratio for GUSH again? I was wondering whether I should have placed that $1 dollar call.
Luke Ortiz
never, the saudis will pay you to take it off their hands in the future
Michael Long
>greentexting links I hate you so much you fuck.
Oliver Bell
7/10 bait my friend.
Kayden Gray
>he doesn't know check how many shares you have now. lmfao.
Julian Cruz
look at prospectus, volatility kills returns at least on the ones I've read.
Ryder Jones
You should buy today if you want to make any gains tomorrow.
Jaxon Sanchez
>SQQQ
Why are people always shorting the Nasdaq? The big tech companies that trade on the Nasdaq have been weathering the storm better than most companies, causing that index to not move as much as the DOW or SP500. You can probably make more money 3x'ing the Dow or SP500
Adrian Long
Oh fuck I totally forgot about the reverse split. I feel better now.
James Smith
Nope never mind 1:40, wouldn't be even close.
Gabriel Robinson
This
Dominic Sanchez
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment, you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today. Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse, doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich. >nb4 >we
Exchanges don't care to have penny stocks (or lower). To remain a stock that goes that low instead bundles up bunches of shares together so the total price is above the minimum.
Lucas Cooper
I like money. Also I like the autism of analysis and betting around the market. Honestly it is just really fun watching and investing even if my funds are limited and better to try to make money off this and learn something while neet than get a job. I started with all my worth of 5k 2 weeks ago and up to 9k now, so it has been really fun. Most of my calls have been right on the money so far.
For anyone who still gives a fuck about SNSS, beyond shitting on me for the massive rise being delayed again, it seems they've opened $4 and $5 strike price calls for the company.
