/biz/ - Business & Finance

[IBLACBW027NBOG No.9324898]

Crashing the stock market with no survivors.

Heads up boys, I work for a major trading firm and we are expecting some major corrections over the next year. We have been off loading many long positions that our group has held for years on all bounces up and buying pits against spy and dow. This is going to be much worse than 2008, we are short DOW with targets in the 18K range but we think it could break down below that as well(hint watch Deutsche Bank News)

Anyway some of you faggots are alright, don’t be long the stock market at the end of this summer. Seriously this is the year to sell in May and go away.

Expect it near the 3rd week of September.

Screen cap this and remember I told you so

[Anonymous No.9324932]

>>9324898
Dude, don't tell everyone. Somebody has to be in when it goes down.

[Anonymous No.9324955]

>insider here
>I work for a major trading firm

[Anonymous No.9324977]

Stock matket will crash hard and money will flow to crypto, causing the single biggest transfer of wealth in the human history.

[Anonymous No.9324986]

>>9324932
what is smart money

[Anonymous No.9324997]

>>9324898
What would you recommend cyprto silver or gold, where is your firm moving the stocks

[Anonymous No.9325005]

>>9324977
No, you'll need that money to afford food.

[Anonymous No.9325023]

>>9324898
Bond yield curve hasnt inverted yet we still Gucci, your 'firm' is early, gonna miss some gains short term but soon enough, you're right.

[Anonymous No.9325097]

>>9324986
the opposite of whatever you trade kek

[IBLACBW027NBOG No.9325103]

>>9324997
Cash, and short positions mainly. Maybe a 2% allocation to gold and silver

We’re still long WTI for the time time being, expecting “peak oil” to happen with the market crash as well, sell targets in the 90-100$ range

[Anonymous No.9325157]

>>9325103
Any specific reason why the market will crash, or is it just because everything is overflated in value right now?

[IBLACBW027NBOG No.9325368]

>>9325157
Valuations are high, but unironically techincal analysis the charts look like shit all around the market.

I can’t tell you what I know because I might out myself but Google my tripcode might help you understand

[Anonymous No.9325416]

>>9325368
Thanks anon.

I've been been worried about the market from following the Shiller P/E ratio, but my understand is that there usually should be some sort of "catalyst" that causes a market downturn.

I'll be honest, most of my portfolio is in crypto. Would you recommend I buy some SPY puts with a one year expiration date as a hedge?

[Anonymous No.9325468]

>>9325368
also, just googled your tripcode. Not entirely sure of the implications, but their discontinuing tracking the interbank loans seems like a big fucking deal.

Could you provide any more resources for me to research? Or explain a little bit more about the implications of interbank loans?

[Anonymous No.9325485]

US creditcard debt just hit a plateau today as well, first time since 2008. In case anyone cares.

[Anonymous No.9325757]

Usd going higher. Fed raising rates. 2 and 10 year yields flattening. Commodities (gold and oil) going higher. Inflation rising.

[Warlord !1GS3StGNTw No.9325891]

Can anybody convince me to not dump my ZRX? Any news coming out recently?
It was a nice run, bought it just shy of 10k sat, but it's looking REALLY overbought.

I know it's a fantastic project, but I don't want to baghold the entire dump/recovery.

[Anonymous No.9325927]

That is correct the world markets will more than likely collapse.
But lucky for all of us we have crypto currencies.
Do you not know the history of e coin bitcoin
2008 to 2014 was not good times economics
2015 to 2018 was enforcement and laws for crypto currencies
Now a new model is taking form and will be in bedded in the world economy for ever.