OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[shibadekobe]

A 'Black Swan' fund posted a massive 4,000% return after the coronavirus blew up markets

"This sell-off has only taken back a few months of gains," Universa Investments' Mark Spitznagel said. "I expect a true crash to take back a decade."

markets.businessinsider.com

 

[johnnyredstorm]

I know you lurk there too, did you read the subreddit drama recap? Never ceases to amaze me the lengths people will go to scam others

I watched the Caesar? Meme video they made that place is such a great cesspool

 

[johnnyredstorm]

6.6 million jobs. Spy foes parabolic on the news.

 

[onlyjs]

Stocks will jump today then to price them in or was that bull run pricing the job market in?

 

[tkthafm]

Fed already announced infinite QE a long time ago, so I don’t get the point of todays announcement.

2.3T is less than infinite. But of course only bad news is priced in, never “good” news.

 

[jjs]

Maybe upcoming earnings will be a reality check.

But it’s probably priced in already

 

[johnnyredstorm]

Fed already announced infinite QE a long time ago, so I don’t get the point of todays announcement.

2.3T is less than infinite. But of course only bad news is priced in, never “good” news.

I saw this was for companies with 10,000 employees (unless I misread the article quickly). How many small businesses will this really help? When I think of small business I think of the family wholesaler or the restaurant or the guys owning gyms. Things of that nature. This seems closer to a bail out of wealthy people than the people who need it the most.

 

[Betonblck]

Stock market to the moon, economy to reopen in weeks as the virus disappears they are saying.

 

[shibadekobe]

Fauci on board...towing the line.

Pamp

 

[southernhospita]

Shorts are big mad today
Saying how the bullish are celebrating the high unemployment rate
Knowing damn well they were hoping for huge numbers to cash in those puts

selling these BABA calls and calling it a day
All cash until Monday

 

[johnnyredstorm]

I misread it. Up to 10,000 employees. That’s helpful stimulus.

 

[biggie62]

This all makes zero sense to me. This all goes against everything I have learned about the market over the last 12 years. WTF

 

[onlyjs]

futures on high note, figures bad news = bull run, good news = bear?

 

[shibadekobe]

This all makes zero sense to me. This all goes against everything I have learned about the market over the last 12 years. WTF

But since 2009, it was Only BTFD & Never go against The FED

 

[degenerate423]

If anyone wants to join Tim Sykes live trading today: https://marketmastery2020.com/livestream/

Password: mm2020trading

 

[wballz]

This all makes zero sense to me. This all goes against everything I have learned about the market over the last 12 years. WTF

Ever lived through 09 ? Every earnings was crap, but everyone bought. Because of QE.

 

[Betonblck]

Ever lived through 09 ? Every earnings was crap, but everyone bought. Because of QE.

I lived through 09 and this is way different. We are like 15% below all time highs, which were already extremely high, and the market is skyrocketing back towards all time highs.

 

[tkthafm]

I lived through 09 and this is way different. We are like 15% below all time highs, which were already extremely high, and the market is skyrocketing back towards all time highs.

Exactly.

And considering the hit earnings are going to take, stocks are now MORE expensive than when they were at all time highs.

Anyway, I’m done complaining about it, the next 6-12 months will either prove me right or wrong. I will remain patient.

 

[biggie62]

Yea average value was 19 forward year earnings. After this, what will we be 25, 30? Like WTF is this ****.

 

[freakydestroyer]

I have a feeling the tide is going to shift soon now that bears are surrendering.

 

[onlyjs]

If anyone wants to join Tim Sykes live trading today: https://marketmastery2020.com/livestream/

Password: mm2020trading

how do you get notified for his live streams? good stuff and advice

 

[flacobey]

People who were predicting a bottom in mid-April to hop back in the market have missed almost 25% of gains over the past three weeks.

time in the market > timing the market

 

[Present]

Further evidence that Corporate America is even more decoupled from "We the People" America than ever.

When massive job losses and global pandemics are good / "priced into" the market..and "We the People" see socialism as bad while Corporate America is "too big to fail"...

Houston, we have a problem.

Stocks don't move like this because of individual investors.

Corporations weren't buying their own stocks for nothing.

 

[southernhospita]

People who were predicting a bottom in mid-April to hop back in the market have missed almost 25% of gains over the past three weeks.

time in the market > timing the market

Trust it some people still waiting

 

[Brownstone]

People who were predicting a bottom in mid-April to hop back in the market have missed almost 25% of gains over the past three weeks.

time in the market > timing the market

FED action in mid March was unprecedented. Stabilized debt markets singlehandedly. I moved to ~10% cash two weeks ago, but continued to buy every week. I was hoping to add more positions to SQ @ ~$40 and SNAP @ ~$10.

Once a "cure" is announced we see 20-30% higher than we saw in January.