Why would anyone keep buying at these prices? They are already too high No one feels confident that SPY will go much further than 290 in the short term Its a lack of bullish enthusiasm, not bear cope, that is topping us out at 290
I'm an alcoholic and relapsed hard early April, playing options with and average BPA around .3 is not smart
Benjamin Miller
merrill edge? Gave me the same error while UAVS was dumping. Looked up how stop limits work and it seems like they work a little differently than what the error message would suggest.
Is this realistic? We're just pretending corona never even happened?
Connor Barnes
what did you buy?
Jaxson Jackson
all in long
corona is over
Levi Torres
Any time your stock price is above the Book Value per Share and there is no major growth in the foreseeable future, the stock is overpriced. Right now that stock price is 13 times HIGHER than what the company is actually worth, meanwhile the company is heavily in debt.
Easton Jenkins
I made 48k buying puts at the actual top before the crash and lost about 26k shorting the exact bottom on 3/23 kek. It happens.
Puts on cunny. The commodity is way overbought, and comes with toxic bags of debt. Just look at the Price-to-Earnings on it, even penny stocks don't have that awful of an inverse P/E ratio. You're buying into a depreciating asset class, and cunny comes with the additional unique downside of bleeding into your other gains unless you have straddle contracts in place to lay off that risk.
Another issue in the cunny market is liquidity. Good cunny never has liquidity issues. But all that is up for offer right now is as frigid in liquidity as an Nordic winter. I don't think I've seen the NAV on cunny this low since the cunny crisis of 1920. Sure, it might feel good to be long into cunny right now, but on any time horizon cunny is a bigger money sink than owning a boat. I'm not going to do all your DD for you, so all that's left to say is this.
thoughts on MRO? might throw 1k at it and hope for the best.
Logan Price
Yikes
Ian Gonzalez
The dow jones has been fluctuating between 23k and 24k for the past 3 weeks now, what's even driving these markets anymore?
Adrian Bennett
Permabulls (gamblers) get too cocky and the MMs flee back into bonds. Same as March when permabears (gamblers) got too cocky and they flooded back into the market. Simple as.
Watching TD right now, Also have Bloomberg and CNBC on my firestick. Decent TV minus the adverts. I’m starting to pull some back as I am waiting for W to start soon. Probably dumb.
I'm thinking that we're actually fine, these 20% who are unemployed are currently making more money now on unemployment than they ever made while working their non-essential job. Since these companies were able to trim a lot of dead wood their profits should be higher now than when they had to pay these non-essentials. This is going to be the best quarter for the dow of all time.
James Ortiz
>Put order in for microcap stock >volume fucking plummets to nothing >order still only partly filled
Hudson Butler
>RTX Fuck im tempted to buy, but i cant bring myself to buy the same stock as you guys. Youre never right
Blake Lopez
Why should it crash though? The fed has used inflation to combat deflation. You guys don't understand dick.
Andrew Lopez
ok guys, following problem:
bff just called me, his dad had covid two weeks ago, was completely fine. He is even a cancer survivor, so super high risk and everything. But he and the entire family barely noticed anything
this made me question whether this corona thing will continue to blow up medical stocks or not
so what do you say: sell or hold biotech?
Leo Roberts
I am going to spoonfeed you what this ratio means. It means the economic health is pretty shit if you have 10 yr bonds that can't even beat your regular inflation levels. This ratio is pretty much what investors think about the inflation that is about to come.
Grayson Nelson
whats the point of blatantly lying every time you post
TOPKEK imagine how pissed the Germans are that their boring old man C-classes aren't outselling some fucking zoomer that fucks aliens. I had no idea Tesla sales were that good.
Why do people meme on owning mining stock when you can own the companies that directly use it (and make money)? Why not go into USCR, for example, instead?
Isaiah Nguyen
how's it going today oilchads
Jaxson Thomas
If cancer couldn't kill him what makes you think Covid could?
Ayden Gonzalez
Not until 3rd quarter, rtx is expecting lower earnings 2nd quarter
Yes do the opposite and buy pennyshit, oh wait do the opposite, but that would mean not buying RTX.
Jaxon White
Sell everything, the economic damage from lockdown over the fucking nothing Burger virus is irrervisble.
Robert Evans
It will negatively effect the stocks that only mooned because of the virus. Abbott, LabCorp, etc should be alright.
Charles Clark
>RTX do you retards really think the government is really going to have the ability to attack Iran when interest repayment makes up half of the budget?
Ethan Torres
The question is when, if ever, are we going to trim the fat of all the zombie corporations?
My 85 year old grandmother with health issues survived it.
Brandon Lee
thing is tho, all goverments still hold on to lockdowns like crazy. as long as that doesnt change, i dont think they will drop
Matthew Sanders
Not looking great...another 2890-2900 rejection. Bulls are losing this battle once again and we break down with a big sell off. Rinse and repeat until market makers have sold their bags to dumb retail investors.
Jaxon Lopez
Look at the chart. SPY is only down .4% in the past year. We've almost made a full recovery.
Landon Perez
That is why I was rooting for a hard landing to the crash. There is so much overvalued and worthless shit on the market and I just want it gone.
Chase Ross
Just lower the interest rate faggot. Wtf you gay home, don't be a pussy
just stocked up on bulk purchase semi shitty steaks and beef because shelves are bare ahere and when thwy're not there is a sharp price increase for any type of beef.
Filling up my freezer with meat as more bullshit news causes prices to soar. Fuck it
Jayden Cooper
Kek, is this the bear version of the bargaining stage or denial?
Jack Powell
>Rinse and repeat until market makers have sold their bags to dumb retail investors. this bullkeks are fat and ripe for the slaughter
Jaxon Ross
not until there's a fear of credit crunch or a real sense of a long period of contraction. the latter should bump things down. The former, which is the culprit for this whole bubble probably won't happen too soon.
>Yes do the opposite and buy pennyshit What are you talking about? We literally have a pennystock general now
Isaac Gomez
Is this for real? What about all the positive tested guys on the warships. lol
Cameron Wood
Bears are fucking pathetic. You bought into the retard narrative of airborne AIDS and now shit is going back to normal. Cry more you bitch made faggots.
