Stock Market: The Thread

[Lhalo]

Damn. Look at that rack.

[Tank]

1 hour ago, yk9001 said:

Names, please.

miguel covfefe.

[yk9001]

On 3/11/2020 at 8:40 AM, fan_since79 said:

 

There are reasonable analysts out the who think this 20% drop so far is a ridiculous overreaction, but it is what it is. 

 

What do they think after another 10%?

[yk9001]

Largest one day drop in 33 years, and not one post.

 

Buncha front runners.

[yk9001]

Nice job voting, fucktards.

 

https://mobile.twitter.com/JuliusGoat/status/1238224548362944513

[Lhalo]

1 minute ago, yk9001 said:

Largest one day drop in 33 years

And that’s with Fed intervening in the Repo market in the middle of the day. I bet they cut rates again. 
 

I’ll also bet that the stimulus package or whatever it’s going to be called will be in the high 100’s of billions of dollars. 

[yk9001]

1 minute ago, Lhalo said:

And that’s with Fed intervening in the Repo market in the middle of the day. I bet they cut rates again. 
 

I’ll also bet that the stimulus package or whatever it’s going to be called will be in the high 100’s of billions of dollars. 

But we can't pay to keep people in this country healthy.

[yk9001]

Funny how maga is always screaming SOCIALISM until the stock market has to be bailed out again.

[Lhalo]

4 minutes ago, yk9001 said:

But we can't pay to keep people in this country healthy.

I don't agree with any of it.

[Make Angels Great Again]

19 minutes ago, yk9001 said:

Nice job voting, fucktards.

 

https://mobile.twitter.com/JuliusGoat/status/1238224548362944513

 

Is....is this an instance of YK shitting on others for being smug...unironically?

[yk9001]

9 minutes ago, Make Angels Great Again said:

 

Is....is this an instance of YK shitting on others for being smug...unironically?

No.

Shitting on others for voting for a complete imbecile.

[Make Angels Great Again]

36 minutes ago, yk9001 said:

No.

Shitting on others for voting for a complete imbecile.

but...why post this dipstick's tweet then?

 

[Taylor]

1 hour ago, yk9001 said:

Largest one day drop in 33 years, and not one post.

 

Buncha front runners.

But Trump will win re-election because of the economy!

[the dude abides]

 

[fan_since79]

3 hours ago, yk9001 said:

Largest one day drop in 33 years, and not one post.

 

Buncha front runners.

The president's bland speech with few proposals to ameliorate this crisis sank the markets. He should have declared a national emergency and mobilized the federal government to provide massive assistance to individuals and sectors severely damaged by this. A major mistake which may deny him a second term.

There, are you happy?

[yk9001]

9 hours ago, fan_since79 said:

The president's bland speech with few proposals to ameliorate this crisis sank the markets. He should have declared a national emergency and mobilized the federal government to provide massive assistance to individuals and sectors severely damaged by this. A major mistake which may deny him a second term.

There, are you happy?

"Massive assistance to individuals"

you're cute.

The only individuals offered assistance would be residents of Mar a lago.

[fan_since79]

The Fed shot all its ammo and stock futures took a massive dump, down the full 5% lock limit.

Could be an historic wipe-out tomorrow on Wall Street. Hang in there, everyone!

 

[Jason]

11 hours ago, fan_since79 said:

The Fed shot all its ammo and stock futures took a massive dump, down the full 5% lock limit.

Could be an historic wipe-out tomorrow on Wall Street. Hang in there, everyone!

 

12% to start the day

[fan_since79]

Market is 'recovering' a bit. This doesn't look like capitulation day. Not yet.

But who the hell knows. This could be the bottom, next week could be the bottom, next month sometime could be the bottom...

My retirement accounts are evaporating, but my horizon is 7-10 years out so I'm not moving anything. Most of my money is in cash so everything's fine.

[gotbeer]

What a weird market.  Not only are stocks tanking.  But commodities are also tanking.  Gold is down $33, with futures down even further.  Silver is completely tanking and is at $12.85 an ounce, which is the lowest it's been since like 2008.

[ten ocho recon scout]

Didnt want to check, but I did anyway. Oh yeah, my deferred comp is getting killed right now.

[Tank]

I retire in seven years. I hope I have enough money left to buy black market tp.

[T.G.]

I'm never going to be able to pay for parking at Angels Stadium.

[St1ck]

I'm going to print this out, and have Trump sign it.

1 hr 5 min ago

Stocks are on track for their worst month since 1987

From CNN Business' Anneken Tappe

There's no way to sugarcoat this: The markets look terrible right now.

We're halfway through March and Wall Street is on track for its worst month in more than three decades.

The S&P 500, the broadest measure of American stocks, is down 16.9% so far this month -- putting it on track for its worst month since October 1987, when the infamous "Black Monday" market crash happened.

Ouch.

[gotbeer]

9 minutes ago, Tank said:

I retire in seven years. I hope I have enough money left to buy black market tp.

Yeah, like the world will be around in seven years.