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/biz/ - Business & Finance

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17680123 No.17680123 [Reply] [Original]

Futures are already up and we are already recovering, what happened to that crash you guys promised?

>> No.17680146

Dead cat bounce

>> No.17680154
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17680154

>>17680123
>2000 point loss today
>only 500 up
Yea, there is no way this could reverse. We are obviously back for good.

>> No.17680173
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17680173

>>17680123
What happens when they literally cannot inject anymore money into this market? Something has got to give, the longer they prop up a dying market the worse the collapse is going to be

>> No.17680185

>>17680123
This is Fed/Government manipulation. It's the only reason why the DOW is still above 20k right now. I have a feeling stocks are going to start in the green at open, and dip hard into the red by mid day. Wouldn't surprise though if the Fed brings them back slightly into the green before closing bell.

>> No.17680189
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17680189

>>17680123

>> No.17680199

It'll probably climb to like 700 before lunch and then drop to 300 or so tomorrow afternoon, nothing substantial either way, they'll delay this as long as they can

>> No.17680205
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17680205

>>17680123
>>17680154

It's actually like an advanced form of sadism. Letting retails hope for a green open just for the HFT algos to drill it into the ground at the open on milisecond windows. What a time to be alive.

>> No.17680217

>>17680123
Futures are back to where the limit down was hit last night. That means a lot of bobos will start covering if it can be pushed higher. I'm bigly long as of midday and praying I have a chance to jump out if we keep these levels.

>> No.17680220
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17680220

>>17680123
>dad told me to buy MRO at like $3.50 today
>ignored him because he's a dumb boomer
well good for him I guess

>> No.17680222

>>17680123
>The plunge protection team is still doing its job
How much longer do you think they can keep fighting the market?

>> No.17680281

>>17680220
You better buy in the morning, we are heading back to 25,000

>> No.17680319
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17680319

>>17680281
My entire net worth is in Chainlink, and it will stay that way

>> No.17680326

>>17680220
you shoudl always buy during a crash, it's basically free money

watched a guy buy $50,000 worth of CCL today at work, think he bought in around $21.60

>> No.17680367

>>17680123
I fucking hate bulltards so much. put up 1 million long tomorrow if you are so confident. Let me ask how confident are you?

>> No.17680375

>>17680326
I have the same sentiment but not the same brass balls. I'm buying into blue chips that I know will for sure get through this mess. That CCL buyer will probably make more money than I do, but Carnival will have to actually survive for that to happen.

My second concern is that if this really does evaporate a large portion of boomer wealth and retirement funds, cruise lines might never recover, therefore I'd feel a bit safer with airlines.

>> No.17680384
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17680384

>>17680173
They are past the point of worrying about this. They know how bad it will be, It seems they don't mind the actions of their consequences.

>> No.17680402

>>17680319
Absolute based

>> No.17680405

>>17680367
I dont have one million faggot, im not rich, i only have 20k in my robinhood account and trying to decide which stock I should buy.

>> No.17680420
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17680420

>>17680123
Bullish for ARPA.

>> No.17680422

>>17680326
That guy is a retard. You buy when things consolidate. He thinks this shit will just shoot right up to the moon? No we got years of grinding back to ATH. People have time to make good decisions but this is why they re poor. He bought a company going bankrupt. Nice

>> No.17680427

>>17680405
Put 20k then, I'll be shorting.

>> No.17680443

>>17680405
3m masks came and went
toilet paper is now
whats next....

>> No.17680445

so what you guys think the stock market is just going to keep dumping until it reaches 0 or something?

>> No.17680460

>>17680427
Where should i put it

>> No.17680482

>>17680154
I fucking shit my self laughing at this post.

>> No.17680508

>>17680422
doubt they'll go bankrupt, in the 2008 recession people made a ton of money off cruise liners and very few (if any?) went bankrupt.

Carnival got the doubly whammy discount with the markets being down in general, and then the virus impacting cruise ships specifically. Neither of those conditions will last forever, eventually virus will run tis course, and markets will naturally recover, and thats twice the potential to gain.

You're right it's not a quick flip, he plans to hold for 5+ years if need be, but expects to get a 400%+ return

>> No.17680520
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17680520

>>17680445
Nigger where the fuck did you get your understanding of economics? A cereal box?

>> No.17680542

>>17680123
It's over, guys. New ATH for the s&p by the end of the week.

>> No.17680549
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17680549

>>17680146
I remember that expression, holy shit what movie is it from?

>> No.17680571

>>17680542
Amen brother

>> No.17680590

>>17680460
dow jones index DIA. Never risk what you are willing to lose.

>> No.17680686

>>17680590
Maybe ill buy SPXS instead

>> No.17680696

>>17680123
Fed pumping the markets. It'll go down again.

>> No.17680700

>>17680375

Airlines definitely seem safer broadly speaking. If you expose yourself to a wider range of airlines then you might beat the market. But I'd definitely be wary of betting too much on any single airline since who knows if any of them tank if shit gets worse. Of course, they'll have to get bought out by someone. A bankrupt airline is worth a lot since they have so much physical capital that is only really useless at the moment due to bad management or misfortune.

>> No.17680723
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17680723

>one green day after -7% day
>global recession
>corona-chan just getting going in the states
Very bullish.

>> No.17680773

>>17680723
What will you say if the DOW hits ATH by end of the week?

>> No.17680786

>>17680123
>still below last week’s low
>recovering

>> No.17680881
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17680881

>>17680773
Nothing, will be too busy wheel barreling cash down to the market to buy a loaf of bread

>> No.17680947

>>17680384
>They are past the point of worrying about this. They know how bad it will be, It seems they don't mind the actions of their consequences.

This. Things have got to a point where they simply don't care anymore, they will just keep going till there's nothing left.