Economy Stocks thread v28: in loving memory of Rob Mafia and Brackis1

TheMoa said:
I took a look Nasdaq was up 3%.
Went to the bathroom to take piss and it was already down.
intraday bettors may be able to make some good money out of the bloodbath
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Have to wonder how the quant gods over at Renaissance Technology are doing. In 2008 they actually made a 152% return!
 
HOLA said:
Looks like it's pumping again. Have the penguins capitulated? Someone tell me what the latest Twitter rumor is.
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maybe it's the EU offering a zero for zero on industrial goods. That being said I dont think current administration would take a deal like that.

but it's probably something else, if I had a bunch of money like the sharks have I would be putting wild speculation out there everyday since nobody trust nobody.
 
AFanNotAFighter said:
Fake news about the 90 day tariff pause. Amazing how some believe anything posted on the internet.
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It was probably mostly automated.

Everyone on Wall Street Bets was still trying to figure out what the hell happened after it already rose.

Daily thread is wild today haha.

 
Orange is threatening Gina again:

if China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th. Additionally, all talks with China concerning their requested meetings with us will be terminated!"
 
chardog said:
you gonna wait till the uptrend to start?
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Nope. I'll wait until valuations come down. Market is still overvalued to me. I don't work anymore so I can't DCA into retirement accounts. I haven't committed any new money to stocks in my brokerage accounts since the Fall of 2022. P/E ratios have to come down for me to get interested. Friday earnings reports will be interesting as the big banks are reporting. Be interested in their outlooks. Jamie Dimon has been pretty negative of late.
 
Sitting on the sidelines is a mistake sherbros.

You can literally buy fractional shares for $1 commission free now.

You've gotta get your beak wet at moments like these.
 
I was doing ok in stocks but getting destroyed in crypto, which was keeping me on the red, but thankfully now Im getting absolutely reemed in stocks so crypto isnt my biggest loser anymore

I think Im qualified to start a Youtube crypto show now

The kid wins again
 
HOLA said:
Sitting on the sidelines is a mistake sherbros.

You can literally buy fractional shares for $1 commission free now.

You've gotta get your beak wet at moments like these.
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I wouldn't encourage anyone to take risks even though I do the risk taking myself, running your own business is also a risk that I wouldn't try to encourage folks to do because they'll likely lose their shirts...... and investing is essentially banking on a business venture and trusting that team can do a good job, hopefully better than you can with your own money.

people are going to get emotional and panic sell, and then blame you for it <lol>
 
chardog said:
I wouldn't encourage anyone to take risks even though I do the risk taking myself, running your own business is also a risk that I wouldn't try to encourage folks to do because they'll likely lose their shirts...... and investing is essentially banking on a business venture and trusting that team can do a good job, hopefully better than you can with your own money.

people are going to get emotional and panic sell, and then blame you for it <lol>
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WTF is going on, I'm in the green today ....... will do my DCA tomorrow, this shit is too noisy
 
LOL



"At 10:10 AM ET, rumors emerged that the White House was considering a "90-day tariff pause."

At 10:15 AM ET, CNBC reported that Trump is considering a 90-day pause on tariffs for ALL countries except for China.

By 10:18 AM ET, the S&P 500 had added over +$3 TRILLION in market cap from its low.

At 10:25 AM ET, reports emerged that the White House was "unaware" of Trump considering a 90-day pause.

At 10:26 AM ET, CNBC reports that the 90-day tariff pause headlines were incorrect.

At 10:34 AM ET, the White House officially called the tariff pause headlines "fake news."

By 10:40 AM ET, the S&P 500 erased -$2.5 TRILLION of market cap from its high, 22 minutes prior.

Never in history have we seen something like this"
 
Dow looks like an underdamped system right now lol
 
Nasdaq is up 1% now.

Looks like Cramer was wrong again.
 
HOLA said:
Opened up a small position in JPM at $210.83.
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And...sold. At $216.78. Just meant this one as a little short-termer with all this going on.

Made a 2.82% return. Bigly.

But hey, with all this going on, I'll take it.

Things go down again, I'll try again with SCHW.
 
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