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Never know what will happen tomorrow with this market. Biden and trump could come down with covid together and bernie reactivates his campaign. It'd be 3 limit breaks if that shit happened.

Decent advise. One thing I'd personally strongly advise to anyone is just invest in the S&P 500 at first. It's reliable and good money with pretty much 0 risk long term. Watch your money and see how it does. If you get the itch to gamble or bet specifically on stocks or options, start with...

I really don't get the slobknobbing on Pershing Square. I mean look at this shit. The guy has basically burned money for a living during the greatest bull market ever.

Entertainment industry is up pretty big. Looks like the saudis flinging money that way and companies buying back stock because daddy bailout will have their back if they need is having some positive impact for now. I think the short term for cruise lines is fairly bleak. On the bright side...

Options trading is like gambling. If there's one thing I know from gamblers, they're all rich and always win. Should probably give it a try. Personally, I almost never move my funds out of one of three sectors. Nasdaq index, s&p index, russel index, and govies when I don't like them. Saving...

Bro, did you watch the root of negative 1 scene? I had them put that in there for you.

Wasn't the whole point of west world to make like the perfect AI? Then we find they already had perfecter AI outside. I mean, the show right now feels so dumb its actually making the previous seasons worse. Also, was that an ass double for delores on her bike? Didn't look like the man plate I...

Today really felt like some irrational exhuberance along with a bit of short squeeze. There's probably a lot of people with a mountain of puts and shorts that are staring down the barrel of their investments going to 0$

Even if these quarantines are hyper effective here, the global shockwaves of this disease will cause a lot of pain for the rest of the year, because places like india will not have effective quarantines. That said, stocks won't necessarily follow the fundamentals, since they are typically a more...

Too many people guessing short almost certainly has helped pause the drop. Me either. I never base my decisions on the day, but I will make decisions based on timelines months away. Way back in september, before covid I was planning to move to safer stocks around april of this year because I...

pretty sure misty has no mountains.

Interesting. Looks like markets are really hoping that opec all kiss and make up while trumps wish that we're close to the peak is true. Lots of people betting on the markets continuing their downtrend are probably getting hosed. Mean while my govies are paying out a little, and I'm slowly...

Alberta really, really, really wanting tariffs of oil coming into america is something I can believe. America going along with it? That I can't see happening. Our natural gas situation is already stupid enough. Add in reprisal tariffs and it makes no sense to us.

I'm looking forward to the futures later today. Been a while since we've had a limit down, so I feel like we're getting due.

Welcome to the team.

Opportunities come betting against algos, but it's gambling along the line of options. Take crude futures. Algos have it priced in that OPEC will come to some sort of deal. If you think they're wrong and they all just continue fighting, crude prices gonna be FREE$$ dollars overnight. They're to...

Trying to beat algos at their game requires being an algo yourself. Saying they control the market is a step too far, though. It's more like a huge grazing heard that occasionally gets spooked one way or the other. Normal people should just look for opportunities and generally invest long.

Coming up on that bell. Be interesting to see how scared people are of the weekend again.

More ETNs blowing up. https://finance.yahoo.com/quote/DWTIF?p=DWTIF

When coca-cola is warning about dividends coming up, you know this aint no joke.

Busting out my crystal ball for maximum clairvoyance: I predict MMM will be down a little tomorrow.

I think next day will hurt. The following two weeks are probably not going to be good. It's going to be hard for officials in charge to hold the party line with nothing improving.

More than most analysts were predicting, but hard to say what effect it will have. Pretty much everyone expects it to be BAD, so more badder may not be a shock.

While I'm sure some people have made huge money with leverage, there has been a lot more people that have lost a LOT of money. Leverage can make you a lot of money, but volatility can quickly be very, very bad for it. The repo actions drying up were in part a response to this. Banks were seeing...

Most of us are on FOH 5.0.

It was impossible to see coming.

Isolationist policies will probably be a LOT more politically viable in the coming few decades. And X is definitely a company that will benefit from a swing like that. Mexico will likely also hugely benefit from anything like that, and could definitely see this strengthening our trade ties with...

I said it at the start of this crash. Fed was going the wrong way. They needed to kill off some companies intentionally and early and do a controlled burn of bad financials by RAISING standards, not removing them with the money train. Their repo operations are probably the main reason I predict...

Selling at this point carries more risk than earlier times. That said, I think it's likely we'll go to at least 15k, and possible we go as low as 12k. My own plan is to buy back in at ~15k or 4 weeks if we aren't trending down enough.

Next two weeks are probably going to be spicy as fuck. Shutting down the economy is just not sustainable long term, yet we are going to do it long term. Quarantines extened to late may, june? The fact that doing that probably won't stop the spread of this either, but slow it down a little. This...

It's possible, but I agree that it doesn't seem very likely atm.

Knowing how deep the rabbit hole goes is gonna come down to two factors: 1. Knowing how retarded the fed can be. Every day I feel like we've hit the peak, but the fed just keeps finding more ways to one up itself. I agree with almost nothing that they've done. 2. Knowing how bad the quarantines...

Yea, this was the analysis that made me post about illiquid reits being a likely strong contagion in the market. The big thing that that post fails to mention is that a lot of REITs and some other mortgages have already theoretically imploded to the point that they should have their assets...

I'm really tempted to go there next week.

Not a fan of short term guesses, but looking at the stats in the market and with this virus, I think some optimism will cling on. Numbers came in a little light today, especially in italy. Strangely, that happened last sunday as well I believe? Looking at everything, I think we're going to be...

lol, here comes the super genius. 2000 years of mathematical theorization. Nah fuck that, some guy made a video.

Why do dead people give pressure on the living in his simulations? It's cute, but not well thought out.

Good god, it's like seeing life through the eyes of wizardhawk. It felt almost like I was watching Game of Thrones: Meth.

Is it time for a corona dedicated forum yet?