OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[crownedhead]

Do you all think companies buying back their stocks is in play here?

 

[johnnyredstorm]

If they have cash sure but who does? Sbux bought back maybe apple or Microsoft might.

 

[shibadekobe]

Powell says Fed is working on a Main Street lending facility
Fed Chair Jerome Powell says the central bank is working on a Main Street Lending Facility to help smaller businesses, Bloomberg reports.

It will be after Congress passes the current legislation awaiting the vote.

Powell speaks during a public portion of a meeting of the Financial Stability Oversight Council in Washington.

*let them eat cake

 

[jordans01]

End the fed

 

[wballz]

That last 10 minutes was nuts.

 

[tkthafm]

Lost a lot of money today

Not giving up, added short at the close.

 

[shibadekobe]

Lost a lot of money today

Not giving up, added short at the close.

 

[johnnyredstorm]

Market is so dumb

 

[tomdiginson]

Market is so dumb

It really is. On another note, I was able to offload some Microsoft stock I had before the dip. I'm hoping them and others dip even further so I can re-enter at a lower price point.

 

[southernhospita]

That last 10 minutes was nuts.

Had to double up on BYND calls for tomorrow
Might need up being a big W if I can get it back to break even price
Would put me in profit since I picked up another one
Almost pick up 2 but couldn’t get it filled

 

[shibadekobe]

How a Hedge Funder Scored a 10,000% Return Amid Coronavirus Market Meltdown

Bill Ackman is a vocal advocate for imposing a 30-day nationwide shutdown to combat COVID-19.

observer.com

How a Hedge Funder Scored a 10,000% Return Amid Coronavirus Market Meltdown

 

[Brownstone]

I care about one metric in this crazy market, the # of shares I own and continue to acquire in companies I feel are undervalued.

 

[GreenNGold89]

Dumped Lyft and got 60% return. Now I'll wait until this goes deep in the red...

 

[アミーゴ]

Curious how much Ackman has in this lol

 

[jrp44]

****s gotta be red again next week, right?

 

[noskey]

****s gotta be red again next week, right?

Should have been red today! at this point I expect nothing but to be wrong.

 

[jrp44]

Should have been red today! at this point I expect nothing but to be wrong.

Yeah I know...tell me about it

 

[alfa]

I stepped out on the sidelines of this one for now. Probably just stack and hold weight for a fat pitch and take a swing. Markets are wild right now. Hope y’all are doing alright!

 

[xbiker47]

****s gotta be red again next week, right?

I have no idea anymore

Thought today for sure would have been red with the jobs report

 

[johnnyredstorm]

Market always inflicts max pain. Trapping shorts is gonna be the wave, then the rug pull and the immense bull trap that ruins people. I wouldn’t be surprised if we rally next week as a result of this ****. Be nibble on the front side of your shorts. Only add in when you see a trend on the back side. Let momentum break. I’m gonna use any strength or evacuate whatever Kong’s I can liquidate at a profit.

 

[degenerate423]

Fed Hires Blackrock For Agency MBS, Corporate Credit Programs - Bloomberg

*Sponsored comment

 

[shibadekobe]

Home

At NIM we believe in an all-weather approach to investing that places risk management at the center in an attempt to protect capital during times of extreme market stress and generate wealth over the course of market cycles. Our goal is to minimize losses

www.danniles.com

He launched a new website today.

 

[coolcool]

*Sponsored comment

Aint no shame in their game!

 

[tkthafm]

Closed some shorts, very glad I added more at the close on that ridiculous algo pop .. now back in the green.

I am thinking we may see another pop today on stimulus approval but a very ugly Monday. Waiting to add big short before close.

 

[johnnyredstorm]

Got a gtc limit set on roku at 65.60. Need that to hit when we retest lows next week.