Toggle sidebar

The stock market thread.

Status
Not open for further replies.
It will depend on the weekend developments but it sounds like the US is finally getting its ducks in a row so I think its going up on Monday... but its going to be a ride for the next few weeks.
 
It’s going to be a ride for the next little while for sure.

looking at the chart of the last recession in 2008, when it first starts, you can see big drops followed by big bounces before it really takes a dive.

There’s still hope in the markets right now - time to buy is when things look hopeless. Doesn’t look like that yet.

we will have a better idea by mid April where this is all headed .
 
The news this weekend has been mostly grim. Hope you are all safe and in good health.

any predictions for tmw ?

I’m expecting red. The North American economy is about to come to a standstill. Sure the feds are pumping a trillion five into the market , but it lost eleven trillion since the downfall .

good call on Netflix. It won’t be the first thing that people cut out of their lives but if it goes on for any length of time people may start to cut it- Netflix has already announced they are halting filming on a few movies and shows .
 
This is going to be a bloodbath.

2008 was bad, and intra-bank confidence tanked like never before. But this virus shit shutting down the entire world (it's only getting worse... way worse here in the US) is a whole new territory, and something this administration is woefully unprepared for. All they care about is the illusion of success, not actually containing and killing the virus.

Pumping in another $700bn in quantitive easing is only going make people panic harder. Two rate cuts in a week and a half? Now what do we have? Negative rates? That's gonna work real well.

This whole thing is a front for Novembers re-election and there's no chance it can prop up that long. Not to get too politic-y, but I hope deep-rooted supporters of this administration can finally start to see the smoke and mirrors that have followed this leader for his entire career. You can't print your way out of total economic shutdown due to pandemic.
 
Fixed to Ruin said:
Everything is in freefall after the Fed threw the kitchen sink at the markets.

That's probably not a good sign.
Click to expand...

After a certain point you have to stop looking at the markets and have to look at the larger picture. Companies are not going to turn to IPOs to raise cash when it comes to bridging this gap of turbulence. They are going to go to the debt markets and seeing what they can get to tide them over. People are also needing liquidity so that they can cover their expenses so that is money disappearing from the stock market.

The stock market is mildly interesting because it updates its numbers so frequently. That can also be a problem as they can draw too many eyes towards it rather than the problem. In this case, Trump is responding to the stock market instead of more important matters because the stock market is updating its numbers so often while others which should be more important are boring and static for too long.
 
Short: we are now Japan, after telling Japan for some 15 years not to do what it did.

Long: the Fed just beat the f*** out of the panic button until it stuck. It has practically no practical left to deal with anything else negative that happens unless (until) it gets permission to buy stocks either directly or indirectly, and the market is about to figure that out. Instead of normalizing rates over the last several years like it should have done and reducing its balance sheet to much smaller levels and letting the free market do its job, the Fed has shot its credibility in a vain attempt to prop up stock prices at any cost.

Coming up soon? Increased volatility with more downside risk, bans on short selling in a vain attempt to stop declines (spoiler: like 2008, it's going to fail miserably) and a better than 50/50 chance that the markets get shut down for at least a week while the government tries to figure out what the hell to do.

COVID-19 was a problem that could have been dealt with, albeit with some heartburn. This government and Mnuchin/Powell just turned it into a full-blown crisis for no f***ing reason other than "we don't want to look bad." We're all going to pay for it.
 
  • Like
Reactions: Fixed to Ruin and halincandenza
I bought spy puts, shorts, and inverse index etfs

what else is there?
 
Market halted - hit the circuit breakers. Think there’s 3 trips it can fall through and then it’s closed for the day . I expect we will hit that before lunch time.
 
Margin_Call.jpg
 
Question - one of the stocks I’m following , the vanguard index fund - VUN.to doesn’t seem to be trading at all . Stuck at 51.03 though the bid and the ask is both 45.50. The other stocks on the TSX seem to be trading but not this one.

any clue why?

never mind , it’s trading now. Weird.
 
Status
Not open for further replies.

Latest posts

Ad

Upcoming events

Ad

Top Bottom