>Bought FB calls right before close. Fuck yeah. I'm going to go for AMZN 2600 tomorrow for earnings plays. Pretty much guaranteed money. So anybody else playing AMZN (Amazon) tomorrow? I can't imagine they'd have a bad earnings report. AWS has been killing it, and tons of people stuck inside means more prime subscriptions for TV and deliveries. They had to hire a shitload more people just to handle the orders.
Holy fuck is that real?
Brayden Gonzalez
Found the shizo manlet
Cooper Rivera
Reading Twitter, comments on investing.com, >reddit, other places, this has to be the most hated bull market of all time. There is more salt in investing forums than the god damn Pacific Ocean
Colton Murphy
>despair, but also despair
It's a little early tonight. They must have been bored.
The thing that bugs me about the exxon dividend freeze is they have 4.23B shares of common stock. Raising the dividend only a penny to maintain aristocrat status would have been 42.3M in costs a quarter, or 120M for the rest of the year. That should be peanuts at Exxon's size right? Or am I fake and gay
Aaron Hernandez
Based cunnychad
Ryan Cox
Thats what happens when the market is so manipulated even an idiot can see it.
But why do people give a shit? If it's manipulated into going up then ride the goddamn wave
Tyler King
ABSOLUTELY BULLISH
Ayden Barnes
Ew
Lucas Lopez
>bull market amidst the total collapse of literally everything so is it basically a ponzi scheme, i mean kind of, where everyone is trying to make a lot of money quick knowing that the opportunity window will close soon? so people are just pumping money into stocks hoping not to be the bag holders when the market eventually completely collapses?
>this has to be the most hated bull market of all time Indeed, I believe that's what I posted last night
A big part of the problem is all the investors who shorted on the way down and on the way up are in disbelief that the "relief rally" could continue this long.
I'd really like to know how many shorts were slapped on ~5% or so from the bottom. And how many margin calls are sending stocks ripping higher.
Like, people don't get it that bankruptcy is off the table until Powell says the crisis is over, or Powell says inflation has gotten out of control.
And there are so many deflationary pressures right now from oil to nowhere to go and nothing to spend on. Keep and eye on CPI and such. Though, that would only matter if Powell isn't fired and replaced with a complete Trump loyalist.
I imagine that will be happening more in the not-so-distant future. It should be a sign.
Yes. Of course you've got long-term holders in the mix who don't care. Their time horizon is decades. But the recent buying could also have a decent number of speculators just playing hot potato. The volume has been dying off and we've seen a lot more crabbing. If it weren't for these futures pumps, we wouldn't be anywhere near as high as we are now.
>Shorting the bottom. Why would anyone do that? The last few weeks seem like a much better opportunity given the declining volume and momentum we started to see about two or so weeks ago. But despite that, we've still managed to rise higher on pre-market and after-hours pumps. That and the insane reaction to earnings and economic data, I can understand their bewilderment. Irrational, solvent, etc., I suppose. I think it'll still come back to bite retail FOMOing in.
Michael Young
Best bull ever, nobody likes it or participates
Jeremiah Wilson
Yeah, its not like our retail-tier puts or shorts will alter the face of the market. Only big dick market makers can manage that.
Bentley Myers
Seems really hard in general to lose money just buying stocks and hodling forever. Even these joke portfolios with the dick as the main TA win.
>mfw 307 5/1c will actually be more profitable than any one of the puts I have bought simply because it'll gap up tomorrow morning CLOWN WORLD
David Long
After BP and Boeing abysmal earning results and the gains that followed the day after, I can't say I'm surprised at this clown market.
Was digging a bit on AMZN's consesus estimates for tomorrow and I think Amazon is about to shit the bed at the end of the week. This is because eBay had less revenue from sales than expected and it generally has moved in line with Amazon's Q1-to-Q1 results in this category. Last year eBay had grown 5% vs past year and Amazon 8.5% vs past year. Last year Amazon's revenue was 34b on net product sales and the remaining from net service sales (totalled something like 59b). This year they are expecting to be about 73b but if eBay can give any idea of what to expect, I doubt Amazon can pull out 35b service sales out of their ass.
Still the market is pretty crazy now, so I wouldn't risk shorting it. At least buy some calls to hedge or tread carefully if you want to take some chances.
Because it's not manipulated to go up, it's manipulated to go in an unknown direction, and while right now that direction is up, tomorrow it could be down. And since it's manipulated, no amount of studying the data will help you know which is which, your only chance is insider information, which you don't have.
