OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[fluid hips]

The idea that the market is going up baffles me.. Record/historic unemployment, we're all locked down, companies asking for bailouts, need stimulus checks.. Don't make sense

It's a false rally and I'm not buying it

 

[shibadekobe]

April Fools!!

 

[whatscomplex]

This **** might be sinking today boys.

 

[tkthafm]

I’m loving this, looks like the grim reality of near total global economic shutdown is finally hitting investors.

My account is booming.

 

[shibadekobe]

SAUDI ARABIA BOOSTS OIL PRODUCTION TO MAXIMUM CAPACITY - BBG
SOME NEWLY HIRED SAUDI TANKERS, FILLED WITH OIL, HAVE NO DESTINATION - BBG
SAUDI ARABIA BOOSTS PRODUCTION ABOVE 12M B/D - BBG

 

[shibadekobe]

Whiting Petroleum commenced voluntary Chapter 11

 

[shibadekobe]

They (hosts) should sell their houses for cheap so I can buy some more.

Get ready...

After Years of Hoarding Places to Live, Airbnb Hosts Are Panicking

'Ghost hotels'—buildings that are filled with short-term rentals to tourists—have cleared out amid the coronavirus pandemic and left Airbnb profiteers saying it’s 'impossible' to find anyone for their apartments.

www.vice.com

After Years of Hoarding Housing Supply, Toronto Airbnb Hosts Are Panicking
'Ghost hotels'—buildings that are filled with short-term rentals to tourists—have cleared out amid the coronavirus pandemic and left Airbnb profiteers saying it’s 'impossible' to find anyone for their apartments.

 

[jjs]

This **** might be sinking today boys.

Birdman-handrub.gif

 

[206to813]

Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

the article makes it seem like a housing crash will happen because of Airbnb super hosts, but I don’t think they represent enough of the market.... now if this **** doesn’t end and regular people are going under then yeah that’s another story

 

[johnnyredstorm]

Agreed that there isn’t as much wide spread contagion but this should definitely kill real estate in those popular vacation markets. Good time to buy up property at the end of this if anything.

 

[turbospartan]

Agreed that there isn’t as much wide spread contagion but this should definitely kill real estate in those popular vacation markets. Good time to buy up property at the end of this if anything.

I was thinking that as well... but wondering, how long will it take some of these tourist areas to recover if multiple restaurants and retail go under?

 

[dragonnife]

I thought some banks are halting mortgages payment.

 

[johnnyredstorm]

I know with Nyc it’s only state banks halting, federal you still need to pay. So chase owns my mortgage and bleh. Thankfully I can pay it but free money for tendies if I didn’t need to lol

taking a shot on uber puts. $20 expiring next week for .45. Just buying one. We’ll see how it goes.

 

[Beruseruku Desu]

so is right now a good time to invest in airbnb?

im a noob dont attack me plz.

 

[turbospartan]

so is right now a good time to invest in airbnb?

im a noob dont attack me plz.

AirBNB isn't publicly traded at the moment, so you can't buy stock. Unless you meant buying actual real estate to list on AirBNB

 

[southernhospita]

It's a false rally and I'm not buying it

I did and I made money
Shout out to AMD and TWT

 

[Beruseruku Desu]

AirBNB isn't publicly traded at the moment, so you can't buy stock. Unless you meant buying actual real estate to list on AirBNB

ahh i see. thanks lol. still trying to learn..

 

[johnnyredstorm]

I did and I made money
Shout out to AMD and TWT

Trading is different from buying and holding.
Need this market to just roll over and break below 21,000

 

[jrp44]

I know with Nyc it’s only state banks halting, federal you still need to pay. So chase owns my mortgage and bleh. Thankfully I can pay it but free money for tendies if I didn’t need to lol

taking a shot on uber puts. $20 expiring next week for .45. Just buying one. We’ll see how it goes.

Uber puts ****** me up 2 weeks ago good luck though.

SPY puts today

 

[shibadekobe]

EXCLUSIVE-CALLON PETROLEUM CO CPE.N HIRES DEBT RESTRUCTURING ADVISERS -BBG

 

[wballz]

Get ready...

After Years of Hoarding Places to Live, Airbnb Hosts Are Panicking

'Ghost hotels'—buildings that are filled with short-term rentals to tourists—have cleared out amid the coronavirus pandemic and left Airbnb profiteers saying it’s 'impossible' to find anyone for their apartments.

www.vice.com

After Years of Hoarding Housing Supply, Toronto Airbnb Hosts Are Panicking
'Ghost hotels'—buildings that are filled with short-term rentals to tourists—have cleared out amid the coronavirus pandemic and left Airbnb profiteers saying it’s 'impossible' to find anyone for their apartments.

I honestly hope the housing market in Vancouver and Toronto crumbles. Especially empty properties by foreign citizens.

 

[southernhospita]

Trading is different from buying and holding.
Need this market to just roll over and break below 21,000

I agree I’m not even a fan of investing at the moment
I just chart and make my plays

 

[tkthafm]

Took some profits on the drop. Account at all time highs.

Looking to reload shorts if bulls can manage a rally before close, but they are looking pretty weak right now.

 

[jrp44]

Hoping for another big red day tomorrow and friday

 

[アミーゴ]