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/biz/ - Business & Finance


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29223389 No.29223389 [Reply] [Original]

Why does the market dump every weekend?

>> No.29223603

>>29223389
Because Musk likes To tweet some dumb shit idk

>> No.29223678

>>29223389
Good Christ I hope that image is shopped

>> No.29223827

>>29223389
I imagine it's because most people can't actively day trade on the weekend so they take profits before market close on Friday so they can sleep soundly for two days without having to worry about charts. Just a guess.

>> No.29223933

people go out on the weekends and they don't buy so bots start selling without any buying pressure

>> No.29223989

>>29223678
Nope, it's the original post is on Reddit: https://old.reddit.com/r/wallstreetbets/comments/ljo554/my_awesome_wsb_birthday_cake_hold/

>> No.29224044

>>29223989
Oh God my eyes

>> No.29224159

>>29223389
>>29223989
Why is reddit so good at taking everything and running it into the ground until its unbearable

>> No.29224163

>>29223389
Because people want cash at the weekend for coke and whores.

>> No.29224188
File: 1.09 MB, 1284x2778, A002A130-7DFA-4DAB-B5A6-0C50320F9D17.png [View same] [iqdb] [saucenao] [google]
29224188

>>29223989
>those fucking comments
Kek

>> No.29224293

>>29223989
Fucking cunts, the lot of ‘em

>> No.29224369
File: 194 KB, 1947x1347, notverychill.jpg [View same] [iqdb] [saucenao] [google]
29224369

>>29224188
>>29224159
>>29224044
>>29224293
I made fun of them on a Discord server and they defended the cake guy

>> No.29224707

>>29224369
Yes because they project themselves on to him

>> No.29225032

>>29223933
>bots start selling without any buying pressure
newby question
How do bots identify buy pressure?

>> No.29225175

>>29224707
That's what I figured, it's pretty hilarious because the 'Serene' guy banned me afterwards

>> No.29225658

>>29223389
>>29223989
>>29224369
I'm kind of surprised the guy is happy with his cake. It seems really depressing to me. I can just imagine his mum and his grandma talking about what to get him for his birthday and they'd be like "what does he like these days?" "well... he likes his computer", and then they put so much effort into making this cake which in the end only emphasises that he's a sad manchild without any real hobbies or interests in his family's eyes. But he seems genuinely happy with it, which I still think is a bit sad but good for him I guess. I don't know, maybe I'm reading too much into this or projecting my own sad life onto his.

>> No.29226264

GF loves him even though he's a bald loser. This triggers the kissless anon beyond known bounds of the galaxy.

>> No.29226480
File: 317 KB, 944x1000, hagm4tvbw6721.jpg [View same] [iqdb] [saucenao] [google]
29226480

>>29225658
Yeah, it reminds me of this one.

>> No.29226670

>>29226480
Lmao forgot about this one

>> No.29226685

>>29224188
Kek

>> No.29226717
File: 94 KB, 720x1280, diamond hands.jpg [View same] [iqdb] [saucenao] [google]
29226717

At least he didn't get a bagholder tat

>> No.29226753

>>29223389
Thebighest dumps seem to be Sunday afternoon for me (united states), a couple hours before Chinese market opens Monday morning. The selloff continues to about Monday noon in China. I think it has something to do with China but I don't know what. Chinese miners sell every Monday morning and people start dumping before that in anticipation?
Anyway, it's often a good time to buy. You could probably do well just swing trading by buying anything in the top 10 on Sunday evening and then sell Friday/ Saturday.

>> No.29226893

>>29226753
You got data on this?

>> No.29226951

>>29226480
Yes, that's exactly the post I had in mind. Thanks for posting it.
It makes me feel the same way as that scene in the Sopranos where AJ is goofing around on the computer and Tony is watching him with this expression of disgust on his face.
>"haha look at how he cuts the cake"
Nightmare fuel.

>> No.29227067

>>29224188
Haha nice

>> No.29227147

>>29226893
No, just my observations so far. I think it's worth graphing to confirm it.

>> No.29227277
File: 83 KB, 1159x605, EsySWXyXAAYeu3u.jpg [View same] [iqdb] [saucenao] [google]
29227277

>>29223603
Just wait faggo

>> No.29227313

>>29223389
Because you touch yourself at night

>> No.29227415

>>29223389
Europoors taking money out to survive the lockdown

>> No.29228239 [DELETED] 

Today is my birthday. :)

>> No.29228388
File: 46 KB, 619x453, 1492363862277.png [View same] [iqdb] [saucenao] [google]
29228388

>>29226480
wtf this literally happen to me every year but i'm 37 now. Truly sheol-tier, i just want to be left alone and die, wtf is wrong with this psychopathic society?

>> No.29228442
File: 22 KB, 112x112, 1602209207279.png [View same] [iqdb] [saucenao] [google]
29228442

>>29223989
>plebbit fag
>6 days ago
>HOLD

>> No.29228890

>>>29223933
>>bots start selling without any buying pressure
>newby question
>How do bots identify buy pressure?

>> No.29228892

>>29225658
I could at least see the appeal if OP sold the top, it'd be like a sports car cake, but he posted diamond hands on 2/14 so it's just a monument to failure

>>29226480
this one is just ownage

>> No.29229231

>>29223389
in the summer/fall it was pumping every weekend. they're switching it up to keep you on your toes

>> No.29229531

>>29226480
the part where they make fun of how he cuts the cake reminds me that i’ll never have to see my family again when i make it, and that’s all that keeps me going

>> No.29229570

These dumps have rekt me over the past few days, the dump just now knocked me out of $3000 worth of trades. It wouldn't matter if it was just bitcoin but it's the entire market in unison, even the shitty ALTs I swing trade

>> No.29229619

>>29224188
Based

>> No.29229811
File: 144 KB, 540x867, 1439137919753 kurokona.png [View same] [iqdb] [saucenao] [google]
29229811

>>29226480
I hope that he's in a better place now.

>> No.29230075
File: 77 KB, 1600x900, 1613525554324.jpg [View same] [iqdb] [saucenao] [google]
29230075

>>29226480
>loner
>graduate college
>parents invite extended family to dinner to celebrate
>i haven't even heard of half of them before in my life
>general loner autismo tendencies the whole dinner
at least i didn't have to go through any cake bullshit

>> No.29230615
File: 3.00 MB, 1600x1600, 1550467901942.webm [View same] [iqdb] [saucenao] [google]
29230615

>>29226480
DELEEEEEEEEEEEEEEEETT

>> No.29231425

>>29224369
Discord, the only thing worse than Reddit.

>> No.29231621

>>29223389
wonder how much adderall that took

>> No.29231648

>>29224369
No really cares and what you’re doing is not very chill.
>Dissent at your own peril fellow pleb.

>> No.29231836

>>29224369
I mean the people who don't realize how fucking dorky it is collect things like Funko Pops and would get mad at you for shaming trannies or people with an adult diaper baby larping fetish.

>> No.29231932

>>29223989
Lmao this is like giving a junkie a cake with a bunch of needles and paraphernalia on it. It’s fucking embarrassing. With all that fondant and “””edible””” paint it must taste like absolute shit, too.

>> No.29231997

>>29224188
faith somewhat restored

>> No.29232060

>>29226717
I'd rather cut my arm than have that thing forever.

>> No.29232061

>>29230075
>loner
>graduate college
>no one cares or does anything since I’m 24 so it’s cringe
Almost worth it

>> No.29233064
File: 159 KB, 1400x700, 16128788520266.jpg [View same] [iqdb] [saucenao] [google]
29233064

>>29232061
im graduating THIS YEAR and IM 25!!!!!

ngmi

>> No.29233940
File: 143 KB, 889x854, no paper hands.png [View same] [iqdb] [saucenao] [google]
29233940

>>29223389