OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[shibadekobe]

 

[ballinsam23]

SpaceX launch though

 

[tay1]

My boy work for SpaceX and he showed me how much stock he got in SpaceX. Bruh gon make paper if and when they IPO

 

[アミーゴ]

My boy work for SpaceX and he showed me how much stock he got in SpaceX. Bruh gon make paper if and when they IPO

2 dudes from B school are there and same story - one is Director of strategy so assume he will be making 5-10M

 

[johnnyredstorm]

I would love to get some stock man

 

[sohi 23]

How do y’all feel about $SPCE?

 

[Smellyshoes818]

dkng is a beast. $50 at the end of week? I hope so.

 

[johnnyredstorm]

How do y’all feel about $SPCE?

Trade it, not marry it full size.

 

[shibadekobe]

 

[shibadekobe]

 

[shibadekobe]

 

[Betonblck]

I'm curious to see if the market goes higher tomorrow.

 

[shibadekobe]

 

[shibadekobe]

 

[tomdiginson]

I'm curious to see if the market goes higher tomorrow.

Despite everything that has happened, the market has kept chugging along.

 

[Betonblck]

Despite everything that has happened, the market has kept chugging along.

Yep, and as the market goes higher the story goes from the market is looking past this year, now it is looking past next year, next they will be saying the market is rising because it is looking towards the recovery in 2024.

 

[tkthafm]

All these re-opening headlines = sell the news events. IMO.

 

[GJ93]

I think we start to drop but not until after the 6/19 OPEX, especially when DIX was sky high on Friday and it won't be circuit breaker type drops anymore as much as it will be a slow bleed

Gonna look to scalp calls tomorrow though if we open around SPY 300 but not below, huge buy support around 300 on Friday I just don't think we're ready to break through 300 til after OPEX but riots could shake TA up a bit, should be an interesting day.

 

[shibadekobe]

With Everything going on...only down about 1%...
*golf clap to JPow

 

[shibadekobe]

JPM on the US equity markets, a client note published late Friday

• Stocks have "plenty of room" to rise further
• but there are short-term risks (elevated momentum positioning indicates 'overbought' levels)
• But go higher in the medium to longer term

The four driving forces JPM highlight are:

1. a still-low overall equity positioning
2. a rapid improvement in funding markets
3. the liquidity and interest rate environment has undergone a structural change
4. steady lockdown relaxation will drive a rapid economic recovery

 

[Betonblck]

These protests without masks have pretty much guaranteed that there will be a second wave of Covid-19.

 

[shibadekobe]

Pretty much only a LIMIT DOWN guarantees a gap down open...

Green now

 

[GJ93]

These protests without masks have pretty much guaranteed that there will be a second wave of Covid-19.

interested to see cases in a couple weeks but protesting is all outdoors and indoor seems to be the most easy way to spread but I think at least a little uptick cause of protests

 

[johnnyredstorm]

Looking to add more DDOG tomorrow. Thinking fsly should continue pumping and make new highs.

Work se and Etsy look good as well

 

[Betonblck]

Pretty much only a LIMIT DOWN guarantees a gap down open...

Nearly Green now

Yep, it is now green. Maybe we get a big rally tomorrow on the riot optimism