OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[johnnyredstorm]

BIDU is considering delisting to boost its valuation

SBUX saw its comps rebound 60% was debating on buying this one yesterday so I just grabbed a feeler at 78.40 and plan on adding In on weakness. I’ve got 87.5, 92 as my price targets in the short term if the market doesn’t sell off but I like this as a long term holding

 

[shibadekobe]

*edit...thought it was Loeffler..lol

 

[andycrazn]

this trade war heating up. bought more nugt at 75.5 see if i can scalp mit


ended up making a few bucks from it before the plunge. geez these past 2 days hasnt been great for precious

 

[johnnyredstorm]

Feeling uneasy about this market for some reason so I'm taking my SBUX feeler off. Gut feeling, not sure why.

 

[tomdiginson]

LK Share holders are running to the exit door in premarket smothering each other hard

about to watch $20 vanish

ive got nothing but buyer's remorse while i look at my LK shares. got hella greedy about a month+ ago when it dropped to below $7.50 a pop and bought 60 shares thinking "this **** will bounce back." rookie mistake.

at this point, i'm just gonna hold onto the equity i have in LK and go down with the sinking ship.

--edit--

just curious, i noticed that it says "this stock is not supported on Robinhood" on your screenshot which is strange considering I can still buy and sell shares of it on my app

Same. Purchased 20 shares at $7.15 a pop

 

[tay1]

Where the all time high’s at?

 

[johnnyredstorm]

Trump sends letter to congress for how to approach china. tanking the market now. this idiot is really going to engage in a trade war in the middle of a depression? wtf

 

[junglejim]

Feeling uneasy about this market for some reason so I'm taking my SBUX feeler off. Gut feeling, not sure why.

yeah I sold most my stuff of this morning and cashed out. This doesn’t feel right

 

[tomdiginson]

Trump sends letter to congress for how to approach china. tanking the market now. this idiot is really going to engage in a trade war in the middle of a depression? wtf

He can't handle how to deal with the pandemic, but somehow, he thinks he will be able to handle the market.

 

[johnnyredstorm]

He's literally ending his reelection hopes by doing this

 

[southernhospita]

That drop

I’m glad I sold my HD calls for a small loss

 

[southernhospita]

Same. Purchased 20 shares at $7.15 a pop

It is what it is at this point
It’s better to hold and see if they beat this
Or slowly average down
I know for a fact it’s somebody out there who have bought hella shares to average down

 

[degenerate423]

He's literally ending his reelection hopes by doing this

I don’t think so. He’s fully putting the blame on the virus/economy on China, so he kinda has to keep putting pressure on them to take the pressure off of himself/his cabinet for how it was handled.

 

[shibadekobe]

 

[noskey]

Couldn't help playing the small bounce. SPY 295 put, 5/22 exp. Bought when RSI was approaching overbought territory.

 

[andycrazn]

I don’t think so. He’s fully putting the blame on the virus/economy on China, so he kinda has to keep putting pressure on them to take the pressure off of himself/his cabinet for how it was handled.

hes very good at doubling down on things to the point where the other party concedes. thats always been his tactic.

 

[アミーゴ]

hes very good at doubling down on things to the point where the other party concedes. thats always been his tactic.

Except in Atlantic City

 

[andycrazn]

officially averaged down on nugt and sold it. done with this stock atm. maybe will trade more next week.

 

[shibadekobe]

FED'S CLARIDA: YIELD CURVE CONTROL IS NATURAL COMPLEMENT TO GUIDANCE
FED'S CLARIDA: FED WILL DO EVERYTHING IT CAN TO REACH TWIN GOALS

 

[junglejim]

I don’t think so. He’s fully putting the blame on the virus/economy on China, so he kinda has to keep putting pressure on them to take the pressure off of himself/his cabinet for how it was handled.

yeah but starting a trade war is going to deepen this recession. It’s not going to matter whose fault it is when unemployment is still 10%

 

[degenerate423]

yeah but starting a trade war is going to deepen this recession. It’s not going to matter whose fault it is when unemployment is still 10%

Deepen the recession? Printing unlimited money isn’t doing that already?

 

[junglejim]

Deepen the recession? Printing unlimited money isn’t doing that already?

No. Increasing spending during a downturn has historically proven to be the best way to get out of a down cycle

 

[noskey]

Couldn't help playing the small bounce. SPY 295 put, 5/22 exp. Bought when RSI was approaching overbought territory.

Closed with a 10% gain. Small money, but better than losing a bunch by holding too long.

 

[shibadekobe]

**nypost...ya know

 

[shibadekobe]