It's almost as if people don't realize that if the unemployment bonuses and fed relief stops, most people will shrink back to not spending much if at all, while also relying on unemployment (which won't be at its current $700+ values anymore, and a lot of people won't be eligible at all). Yes the market will still be bullish over time but there's going to be a slight correction once the unemployment money runs out.
two hours ago i made my post 1 hour ago we haven't been below 300 since i posted all that matters is that this is the best economy in the history of the universe and the gains that will be had the coming months will send us all to P L U T O
>got rid of my stupid RTX bags Fucking finally Now I just need this fake and gay pump today to go a little more to offload my meme airlines bags to polos and I'll be content with what I have as longs and my cash in hand.
>a slight correction if there's no additional stimulus in the form of CARES tier gibs, this shit's probably going to be a fucking bloodbath. The increased pressure in the form of CPI inflation will anally rape a lot of these CARES fuckers who are likely applying a good amount of upward pressure here. Unironically, higher equity prices going into Q3 might spell the worst case scenario for poorfag retail. They might get the bag dropped on them by funds looking to derisk from their regulated rebalancing that happened end of March. Odds are that their spending habits have not changed, re-employment will be slow/hours cut and it's just going to be a real mess. If their investments are deducted from their net worth, they have likely not been saving at all. They're hardly floating and still covered with CC debt and other really bad shit if the economy doesn't come back into full swing in two months. not that this affects prices, but poorfags might actually get devastated.
How do you feel about it, that basically every retail investor is making a fortune right now? This feels wrong. No fucking bear market ends with a peak optimism...but what would be a reason for a second leg down? I am making so much money every day, but I am starting to worry a bit.
the meme was NET, RTX and BAM; two of which are up big today
Landon Morris
>this shit's probably going to be a fucking bloodbath
Retarded bear cope, there will never be another drop. We've entered the post-drop society in which the Fed has released that there is no incentive for them to stop pumping because no one will ever call their bluff. DOW 40k by like 2022 or some shit and you retards will still be going "T-THEY HAVE TO BLINK SOMETIME".
Lucas Price
Is SOXL a long hold or is it a day trader stock?
Kayden Thompson
Fuck you fag Crashed kuroba
Jaxson Brooks
> the person spamming taylor swift gifs is only using ones from before she gained 40 pounds
>fucking bloodbath I meant it in terms of the reality for poorfags. i should have been more specific. But you're a faggot perma-bull. so I didn't read the rest.
The reason bears can't wrap their puny little minds around the V shaped recovery that we're seeing is simple. They are buying into the Democrat and media narrative, and ignoring reality. Whether we see a second wave due to reopening or not, it doesn't matter. Have you mustered up your courage, changed your piss soaked pants, and stepped outside recently? Stores are packed, parks and beaches are overrun, Americans are ready to return to normalcy. People are working and spending again, and a second wave won't stop that, because those who die of coronavirus are largely not an essential part of the economy. They are old or ailing, with very very few healthy young people dying. If you still believe that a dump is coming, you are living in a fantasy land. Quit watching the fear mongering news. Quit listening to politicians who have massive incentive to keep everything closed, and will be unaffected by the consequences. Start using common sense.
