OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[shibadekobe]

Trump says U.S. economy could take hit from coronavirus

President Donald Trump said on Thursday the U.S. economy might take a hit from the coronavirus outbreak but predicted the challenge would eventually pass and defended his handling of the crisis.

www.reuters.com

 

[southernhospita]

Day trading SPY options is clutch this week

The prices are trash right now though because of these ****ing swings

 

[johnnyredstorm]

tkthafm thoughta

 

[shibadekobe]

 

[tkthafm]

This is looking like a real disaster in the making.

 

[wballz]

Agreed...Fridays have been down day for many months now. Just getting started with mass testing for COVID19 here in US. Jeff Gundlach says another rate cut in the next FED Meeting in 2 weeks. Once Infected #s begin to rise, many Americans' spending will go down for a couple of weeks.

Dow futures down 600

I 've just been playing Aapl options these past 2 weeks since it's one of the most popular stocks in dow, russell, and s&p.

Glad my puts from the previous days will pay off again when the market opens.

 

[jrp44]

Wonder if everything will try to rally up throughout the day like last Friday

 

[Canadian Destroyer]

That reddit post is scary.
Don’t know if any of you guys were around during the 2008 fiasco but if it were to happen again what should we do to protect our 401k and Roth IRA’s

 

[southernhospita]

Does anyone remember that guy that said back in January that the market was going to fall the month of March and then backed out

Dude had like a billion on the line

 

[miniojw]

Does anyone remember that guy that said back in January that the market was going to fall the month of March and then backed out

Dude had like a billion on the line

Ray Dalio?

 

[wballz]

Wonder if everything will try to rally up throughout the day like last Friday

Bears are too strong at this time of the day.

Purely speculative play:

Due to the volatility of the market, I would be leaning more of a slight rally up on Monday.

 

[mike honcho]

INO

 

[shibadekobe]

Spherix stock soars after option executed for technology in patent for methods to treat coronavirus infection

Shares of Spherix Inc. undefined soared 21% in active morning trading Friday, after the biotechnology company said it executed an exclusive option agreement...

www.marketwatch.com

Edit...2:00PM


Not bad...hoping for a strong finish!

 

[southernhospita]

Ray Dalio?

edit*
Yeap

 

[southernhospita]

Uber came through with the expedition date W
LK as well

 

[アミーゴ]

johnnyredstorm my soon to be mother in law is a recently retired Stanford Econ professor - getting thoughts on the article. Text me!

 

[tomdiginson]

INO

Made a little change off of them.

 

[americangenius]

tkthafm thoughta

Great read, good looks

 

[miniojw]

I think his name was bridgewater

The guy in the pic is Ray Dalio. He’s is the founder, co-chairman and co-chief investment officer of investment firm Bridgewater Associates.

 

[shibadekobe]

Options trades pointing to '50 Cent' accumulate ahead of Super Tuesday

Options positions reminiscent of the mystery trader known as "50 Cent" are building up ahead of the "Super Tuesday" U.S. primary elections and other potentially market-moving events.

www.reuters.com

 

[tkthafm]

Bull trap after bull trap...

Severely bearish market.

 

[shibadekobe]

10YR YIELD 0.66%

 

[tkthafm]

10YR YIELD 0.66%

At this rate we will be negative next week. Total free fall.

 

[xbiker47]

Market will continue to be this volatile next week in my opinion.

Dow up 1200, down 900, up 500, down 1200

 

[shibadekobe]

FED OFFICIALS, John Williams & Eric Rosengren, Hint At More Rate Cuts To Come - CNBC

Pamp It!!!!!

*So, cut to Zero now...once COVID19 wanes in a few months...will they raise it back to this level?? What happened the last time FED raised rates...