OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[fluid hips]

Anyone buying today or we all holding off in hopes of more red next week?

I would not buy now with this false rally

 

[shibadekobe]

 

[tkthafm]

Can't post it here due to language but there's a classic video on youtube titled "buy the dip"

 

[shibadekobe]

Coronavirus stimulus-package tax relief: Withdraw $100K from your IRA — and repay in 3 years with zero tax liability

Use the money to pay bills, pay down your HELOC, or simply to get through the pandemic.

www.marketwatch.com

Coronavirus stimulus-package tax relief: Withdraw $100K from your IRA — and repay in 3 years with zero tax liability

 

[johnnyredstorm]

Good for down payments on a house.

 

[pauliepeppas]

Looking at $AYTU $VISL and $MARK in the coming weeks. All corona plays

 

[shibadekobe]

*JEFFERIES GROUP CFO BROADBENT DIES FROM COVID-19 COMPLICATIONS $JEF
*JEFFERIES GROUP NAMES TERI GENDRON AS INTERIM CFO
- BLOOMBERG
RIP

 

[Cryptomoon]

I have a strong feeling trump gets the virus. He’s going to single handily tank the market.

 

[johnnyredstorm]

Trump is invincible with his base. They all think he’s doing a great job.

 

[shorty doo wop]

I have a strong feeling trump gets the virus. He’s going to single handily tank the market.

No way they let that news get out

 

[shibadekobe]

Oyasuminasai Capitalism!!

 

[shibadekobe]

WTI $20.05 bid...Down -8.05%

$ES Down Bigly

 

[wballz]

Coronavirus stimulus-package tax relief: Withdraw $100K from your IRA — and repay in 3 years with zero tax liability

Use the money to pay bills, pay down your HELOC, or simply to get through the pandemic.

www.marketwatch.com

Coronavirus stimulus-package tax relief: Withdraw $100K from your IRA — and repay in 3 years with zero tax liability

Canada has this for house purchasing purposes. But it's 7 years.

 

[shibadekobe]

Canada has this for house purchasing purposes. But it's 7 years.

See ya there soon!!!

 

[shibadekobe]

WTI $19.97....17 YEAR LOWS

 

[johnnyredstorm]

Market up mildly. Bleh.

 

[southernhospita]

Turned .15 calls on Uber into .50 real quick

Webull new platform design is fire

 

[noskey]

This month needs to end already. Not sure what exactly is propping up the markets (short covering; options expiring; algos) but this month end **** needs to end and we need the markets to reflect the reality of this pandemic.

 

[shibadekobe]

This month needs to end already. Not sure what exactly is propping up the markets (short covering; options expiring; algos) but this month end **** needs to end and we need the markets to reflect the reality of this pandemic.

The FED will be purchasing $75Billion in treasuries everyday until Thurs..Thurs - Friday... $60 Billion - Joe Terranova

After Fed Unleashes Firepower, Washington Rearms Central Bank

The Federal Reserve quickly deployed a half-dozen emergency lending programs over the past two weeks. Now, Congress wants it to go much further, approving $454 billion to reload the Fed’s own ability to lend.

www.wsj.com

 

[tkthafm]

This month needs to end already. Not sure what exactly is propping up the markets (short covering; options expiring; algos) but this month end **** needs to end and we need the markets to reflect the reality of this pandemic.

I'm not even mad, shorting with both hands today.

 

[AZwildcats]

I recouped some of my losses from Friday, about all I can hope for at this point

 

[johnnyredstorm]

I read a thread on reddit that talked about market makers having to hedge their deltas because of negative gamma and they’re buying stock to do so? So maybe that’s part of the pump. Also end of month rebalancing too.
Let it all die down though.

 

[freakydestroyer]

I am expecting a lot of flat days and a few pumps here and there to irritate all the regular traders shorting.

 

[tkthafm]

With skill/timing you can still make money shorting even on big green days. I am up pretty nicely today exclusively shorting NQ even though it is up more than 3%

 

[turbospartan]

With skill/timing you can still make money shorting even on big green days. I am up pretty nicely today exclusively shorting NQ even though it is up more than 3%

Teach us the ways...