OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[xbiker47]

When the deaths catch up, wow.

 

[アミーゴ]

Deaths are a lagging indicator. They don't happen right away. God forbid, but the deaths should be hitting the mark in the next two weeks. Hospitalizations is the real sign of **** hitting the fan. Testing technically is meaningless but of course, it's the precursor to hospitalizations.

The death count also isn’t a good correlation because not all of them are receiving COD as COVID

 

[Chopper]

Would love to see ~2,950 break down this week

 

[xbiker47]

you and me both

 

[アミーゴ]

Give me a 50% haircut by EOY - I want chaos

 

[tay1]

GNC gonna pump

 

[GJ93]

Would love to see ~2,950 break down this week

**** will get interesting if we get under the 200sma @ 3017 but I have 2970 as the line is the sand

 

[xbiker47]

Give me a 50% haircut by EOY - I want chaos

Could not imagine this, but would be unloading into the market if we did

 

[アミーゴ]

Could not imagine this, but would be unloading into the market if we did

New President +Covid growth + unemployment = chaos

 

[GJ93]

Biden hasn't been priced in at all imo, I'm not sure how much longer the market can remain ignorant to the fact that Trump is getting dusted in Nov unless they pull off some next level voter suppression.

I see SPY ~180 as the bottom

 

[johnnyredstorm]

I’ve got 1666 as my doomsday price, followed by 2100, 2500, 2700 and 2850 as more realistic targets. Can’t imagine the fed let’s us get that low.

 

[onlyjs]

Are we headed for some scary downturn? More cases and market seems to be moving with the bad news now

 

[southernhospita]

I’ve learned today not to a average down on calls
Because a bad trade still might be a bad trade
It’s just more money to the lose now still have cash on the side
Still in the green for the month though
But might take a big blow on my BA calls
(Which sucks man no lie )
Got to pick my head up and keep going
Lesson learned

 

[shibadekobe]

 

[shibadekobe]

U.S. STATE JOBLESS CLAIMS FELL TO 1.48M LAST WEEK; EST. 1.32M
U.S. MAY DURABLE GOODS ORDERS INCREASE 15.8% M/M; EST. 10.5%
U.S. STATE CONTINUING CLAIMS FELL TO 19.5M; EST. 20M




Time to roll out Munchkin, Kudz, Kaplan, JPow

 

[shibadekobe]

 

[shibadekobe]

NIH CLAIMING JOINT OWNERSHIP OF MODERNA'S COVID VACCINE: AXIOS

 

[turbospartan]

Whatever he quoted was deleted - what did it say?

 

[shibadekobe]

BANKS GET EASIER VOLCKER RULE AND $40 BLN REPRIEVE ON SWAPS

Pamp

 

[shibadekobe]

Whatever he quoted was deleted - what did it say?

IMF Warns Markets at Risk of Correction After Run-Up

Markets for stocks and other risky assets could suffer a second swoon if the coronavirus spreads more widely, lockdowns are reimposed or trade tensions surge again, the International Monetary Fund warned on Thursday.

www.nytimes.com

 

[shibadekobe]

FED'S KAPLAN: BELIEVES ECONOMY LIKELY HIT BOTTOM IN MAY
KAPLAN: STILL SEES ECONOMY CONTRACTING BY 5% THIS YEAR

*right on cue

 

[johnnyredstorm]

Added a lil more NVTA at the lows today, beast mode activated. Getting close to what I want my full size to be since it's a risky play.

Adding very little LVGO here in case we turn green and rebound. Got an order at 65.40 for more.

Adding very little DIS as well. Market flipping green is bullish, wanna at least add small to my positions in case we close green and never look back.

Added more WORK. Ok done for the day

 

[degenerate423]

Woke up late and missed the chance to sell my APT call for profit. Took an $80 loss just now .

 

[tay1]

Is this the first time we got a red day when unemployment numbers came in? Seems like they’ve been big green days

 

[southernhospita]

Is this the first time we got a red day when unemployment numbers came in? Seems like they’ve been big green days

Nope