Jump to content

Markets still falling like whoa

Llano Estacado

By Llano Estacado
in Business and Markets

 Share

Recommended Posts

  • Replies 15.4k
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Popular Days

Popular Posts

Eastwood
Eastwood

That's why I'm out. There is no end game, IMO. This has to be fixed outside of the market and I got too nervous about what that entails for retail investors. They will always be last on the list, if o

Rusty Shackelford
Rusty Shackelford
Eastwood
Eastwood

I'm not a financial advisor. This is not financial advise. I don't work in finance. I do not have a degree in finance. Actually, I have a BA and I'm bad at math past Cal I. I won't apologize for the l

Posted Images

Loco

Loco 3,752

Posted
Posted
8 minutes ago, Captainant said:

Presidential speech announced for 3 EST today. I wonder if he'll talk about economics or not...

 

I'm sure it'll be STIMULATING right as the markets close

great things happened after his last speech...  what could go wrong?

Link to comment
Share on other sites
Dnaguy

Dnaguy 11,969

Posted
Posted (edited)
9 minutes ago, Caddox said:

Welp Carl Icahn just scared the shit out of me. He just went on CNBC and said his biggest position is a cds play against commercial mortgage backed securities. 

Que es cds play

 

NM. Credit default swap?

Edited by Dnaguy
Link to comment
Share on other sites
bernorange

bernorange 8,362

Posted
Posted
6 hours ago, UTGrad98 said:

Can the fed create money out of thin air and buy stock with it ? Is that a thing? 

...

Not directly.  But they do create money out of thin air and buy assets from their primary dealers (big banks).  Big banks can then use the proceeds to move the markets.  Plunge Protection Team.

Link to comment
Share on other sites
Parliament

Parliament 14,260

Posted
Posted

I wanna buy S&P 500 puts; just one for now. I wanna buy one and watch it. That's how I like to learn.

So tell me if I understand this trade. This option is $16/share out of the money, and expires at the end of the year. My trade will only happen if there's a seller willing to sell a put for $30. And that's likely to happen, as there's an ask out there at $27.

How much of the above is correct?5cc7d44c7473eb33b1ffb5dee3267099.jpg1b45175a69cd652a80dc67389f11cc2c.jpg

Link to comment
Share on other sites
Hmmm

Hmmm 155

Posted
Posted
12 minutes ago, Wally Fairway said:

I didn't listen to the presser, but the market seems to have really like it.
Congrats on defeating the coronavirus, here's to hoping the tecatevirus doesn't get you!

America, fuck yeah!

  • Like 3
Link to comment
Share on other sites
LTtxfan

LTtxfan 49,196

Posted
Posted
1 hour ago, Anastasis said:

cant imagine buying in at end of day. 

Trump caused a short squeeze at close of market today by delaying announcement till 20 minutes before close.

Nice to see more of the private sector stepping up to help with this health crisis... impressive group of CEO's standing along side Trump at today's news conference.

Link to comment
Share on other sites
Pig Bellmont

Pig Bellmont 8,719

Posted
Posted
1 hour ago, Wally Fairway said:

I didn't listen to the presser, but the market seems to have really like it.
Congrats on defeating the coronavirus, here's to hoping the tecatevirus doesn't get you!

I think the market was reacting to the national emergency declaration and not the President’s words, bc that was a cluster fuck 

Link to comment
Share on other sites
Trey3216

Trey3216 15,346

Posted
Posted
4 minutes ago, LTtxfan said:

Trump caused a short squeeze at close of market today by delaying announcement till 20 minutes before close.

Nice to see more of the private sector stepping up to help with this health crisis... impressive group of CEO's standing along side Trump at today's news conference.

He could’ve caused a massive tank as the circuit breakers don’t factor in within 30 minutes of market close.  While somber, the press conference was a breath of fresh air that we are not going to allow this bullshit to knock us down.   That’s reassuring 

Link to comment
Share on other sites
Caddox

Caddox 952

Posted
Posted

Just having a plan in place to go get tested is significantly reassuring. I think people are impressed with the website/drive thru idea. 
 

However, if it’s a shit show like the Obama website debacle people go back to panic mode quickly. 

  • Like 1
Link to comment
Share on other sites
Anastasis

Anastasis 23,472

Posted
Posted
Just now, Caddox said:

Just having a plan in place to go get tested is significantly reassuring. I think people are impressed with the website/drive thru idea. 
 

However, if it’s a shit show like the Obama website debacle people go back to panic mode quickly. 

They outsourced it to google. They should be able to not fuck this up. 

And they will collect all of the PHI entered into the tool and figure out how to sell it back to the government and private interests. 

  • Like 2
Link to comment
Share on other sites
Trey3216

Trey3216 15,346

Posted
Posted
3 minutes ago, Anastasis said:

They outsourced it to google. They should be able to not fuck this up. 

And they will collect all of the PHI entered into the tool and figure out how to sell it back to the government and private interests. 

No doubt.   Will make the life insurance business pretty interesting 

Link to comment
Share on other sites
aggie08

aggie08 21,504

Posted
Posted

I'm still pretty comfortable with my decision to get out.  We've got a ways to go down yet.

I do hate that the stock market puts me and many others in the position to selfishly hope that the market gets worse (which will likely correlate with more people getting sick and companies hurting) before it gets better.  Feels dirty.

  • Like 1
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing


Football ... Basketball ... Baseball ... Other Sports ... Futbol ... 🤫995🤫 ... Gambling ... Movies & TV ... Music ... Hobbies ... Lulz ... Food & Travel ... Daily Texan ... Business and Markets ... Cloak Room ... Help ... For Sale ... Board Discussion ... Subscribe!... Donate!... Advertise... COOKIE MONSTER!

×
×
  • Create New...