>8 people I know personally have opened Robinhood accounts in the last month >the most conspiracy-minded guy I know who hates banks and kept $40k cash in his apartment just deposited all of it into a newly-opened trading account >notable DJ in my city (who's now unemployed) is shilling day-trading/forex courses on FB and normies are clamoring to buy them
There's no way every Joe 6-Pack and Eddie Lunchpale "buying the dip" is gonna make it rich with a V-shaped recovery. This is Wallstreet unloading their toxic horseshit onto normies before the real plunge.
You are vastly overestimating retail investors effect on the market.
Josiah Thompson
Got anything else? That good stuff..
Leo Sanchez
if retail investors were buying while wallstreet was unloading the volume would go up but the values wouldnt
Gabriel Anderson
Either all of these speculators have no fucking clue what a dead cat bounce is, or they do but just don’t give a shit.
Kayden Miller
Your reasoning is wrong but you are close to a good point. When everyone and their mailman are opening brokerage accounts and the dog groomer is giving you stock picks is when you know the market is about to turn downward. We're reaching peak euphoria.
Jace Lopez
>market still down 30% >peak euphoria
Henry Martinez
>when crypto cucks treat the real market like their scam market Ngmi nigger
Jaxson Howard
You are vastly overestimating the volume in this dead cat bounce.
Brody Myers
What effect, we’re going sideways.
Oliver Cruz
70% of traders are short Good luck with that
Joshua Wright
Dude the virus is fucking bull shit, there is going to be a second wave and old cucks will panic away but they'll either find a fucking bunker to live the rest of their lives or nut up and plow through, the economy is getting reopened full throttle next month and there it's nothing no politician with a cock up their ass can do about it.
Now... >shilling day trading
Good, I need their savings in my bank account, fuck DJ suck em good he can go back at sucking dicks once this Chinese scare is over
Josiah Mitchell
Source is your ass I imagine...
Nathaniel Russell
>This is Wallstreet unloading their toxic horseshit onto normies before the real plunge. Correct. I have been drunkposting this in /smg/ for weeks. >t. JPM sell-side
Bentley Young
You're exactly correct. The economy is fucked for a long time and unemployment will stay disastrous. Nobody will be going to sporting events, concerts, movie theaters, shopping malls, restaurants, bars, flying on planes, going on vacations, going on cruises, etc. for at least the next 18 to 24 months. The whole economy would have already crashed if it wasn't for the Fed pumping it with money. The Dow will bottom out at 12k-13k before 2020 is over. Screencap this.
Nicholas Long
Can't really counter this. The large groups of rich people undoubtedly do not want everyone getting rich. Which begs the question what are they doing behind the scenes to make sure it doesn't happen? >dumping large bags once many retaul investors are in too cause a gigantic panic sell off >making the u.s. dollar worthless all while moving into asset safe from that before it happens >a planned war that'll somehow dump prices Those are the only things I can think of that might be in the works by this group of people.
Elijah Johnson
The denial in this thread is the same in 2017 pre collapse of crypto. Pink Wojacks imminent
>he doesn't realize just how many normies bought the bottom in March and selling means literally being rich >he doesn't realize just how many normies went all in on the CORRECT companies buy calls and are already rich
Jordan Hall
Bingo. Muh stonks only go up!! It's like when everyone was going to be millionaires on crypto in late 2017.
Nathaniel Carter
You forgot to mention hyping up common-cold-19 and using it as excuse to shut down all the small businesses while keeping open the multi-billion-dollar corporations.
Don’t matter. It will melt UP or it will melt DOWN. Either way it melts. If up, USD will see HYPERinflation. If down, well - it’s over. The unraveling of the largest and longest running ponzi in world history will cause famine and death, the likes of which we have not seen in a lifetime of generations. We’re about to find out what happens, so buckle up. Enjoy the show.
Last I looked, Nasdaq is green for the year, and the SPX is about 11% off the highs. In 6 weeks. After the deepest, fastest sustained crash in the history of the US stock market.
Yes, the Nasdaq at least is in euphoria mode. I don't think anyone but /bizlets/ with an agenda believe this as anything but an absolute clown market.
The volume is low because the kikes are feeding you just enough rope to hang yourselves--and then they'll happily kick the chair from beneath.
Hunter James
Are you shorting?
Liam Brooks
OP is high IQ. Normies and hoodies will not be allowed to make money. The game is so rigged at this point that if you do not understand this you will get BTFO.
Levi Bell
Second.
Adrian James
>This is Wallstreet unloading their toxic horseshit onto normies before the real plunge. Bingo