Economy stonks only go up v6.1

[fordman7795]

I’m confident the bump today was nearly all stimulus

A sprinkle of ‘expected stimulus’ with a dash of ‘trump wants economy raring by Easter’.

 

[86'd]

I’m confident the bump today was nearly all stimulus

That and what brakis mentioned too of just all the trader volume trying to time the market based on speculative news.

They don’t have the official numbers yet of just how bad all this shit is going to effect the economy. Q1 earning reports won’t be available until top of May late April at the earliest.

Most institutions are projecting a huge hit to Q2 from the fallout of this. Which technically isn’t a “fallout” as I just labeled it; due to the fact we’re still going through it and more lockdowns could happen. Although Trump did say we’ll be up and running by Easter

This last paragraph from this article is frightening.

https://www.barrons.com/articles/th...hursday-are-going-to-be-appalling-51585070361


But as we move into April, surging layoffs will exacerbate the impact of frozen hiring to bring about the worst numbers for the labor market since the financial crisis. The economists expect the unemployment rate will average 12.8% over the second quarter, up from 3.5% in February.

That would be the highest rate dating back to the 1940s, they say.

 

[Literally Bricked]

Interesting. I own qqq but wasn't aware of tqqq...basically it goes up or down times 3? So if you were able to time the bottom or close to it, you would making a killing if and when an extendedbull market occurs?

Not necessarily. Say you go

If I see something that closed that has a price I want to buy, how do I get it? For example, if SPY closed yesterday at $222, how did it open today at $234??? I would have likely bought some at $225, but don't even get the chance, then it opens higher than I'm interested in. How does that happen? I feel like someone asked this before but not sure what the answer was.

A stock can open higher than its close if the demand is there. Overnight futures market hitting max limit is only going to bring that price up.

If you want to buy at close call your brokerage and place an after market order. You might get killed on fees depending on order size which might not make it worthwhile.

 

[rob mafia]

If I see something that closed that has a price I want to buy, how do I get it? For example, if SPY closed yesterday at $222, how did it open today at $234??? I would have likely bought some at $225, but don't even get the chance, then it opens higher than I'm interested in. How does that happen? I feel like someone asked this before but not sure what the answer was.

ermagherd.

You could put in the order after hours and see if it goes through early when the market opens. Or you miss out on it all together.

Again, the only trading you can do "after hours" is the futures market.

Best advice I could give you, if you have a set price that you're happy with (like 225) when you see it in that range buy it, as you're gambling it's worth more than that.

You have to pay attention to the news as well and gauge what could cause spikes or downfalls.

Unfortunately we are not in pentagon briefings where we know what next week's news is going be now. So we have to be a little more diligent, aware, and act quickly before ships set to sail.

this is completely false.

what the hell happened to this thread...

 

[86'd]

this is completely false.

what the hell happened to this thread...

Well go ahead and correct me and quote the original person asking and explain it to them.

 

[rob mafia]

Well go ahead and correct me and quote the original person asking and explain it to them.

seriously. you're in this thread... and trying to explain this shit to another, and you can't even figure out that after hours trading exists?

 

[86'd]

seriously. you're in this thread... and trying to explain this shit to another, and you can't even figure out that after hours trading exists?

Apparently not

So enlighten us

 

[rob mafia]

Apparently not

So enlighten us

seriously. you're in this thread... and trying to explain this shit to another, and you can't even figure out that after hours trading exists?

hint: that was 'correcting you.' and also the 'explanation.'

pompous ignoramus.

 

[mudflap mike]

Interesting how so many individual stocks are taking off. Uber, lyft,roku,zillow,etc...probably half the stocks on my watch list of 50 have gone up 20-40%.

you must be rich then?

 

[86'd]

hint: that was 'correcting you.' and also the 'explanation.'

pompous ignoramus.

Lmao!

Are you drunk?

Quote the poster who was asking about it and guide him through the steps

 

[DivineMind]

Anyone have access to Bloomberg or historical options settlement data? I want to dip my toe in some puts on the SPY.

 

[rob mafia]

Lmao!

Are you drunk?

Quote the poster who was asking about it and guide him through the steps

...says the one who said:

Again, the only trading you can do "after hours" is the futures market.

the other guy isn't an idiot. i'm sure he'll read this and know without me tagging him in because some clown insists he be tagged in (while also not tagging him, either), after saying some really dumb shit.


also, lolz @ steps. click "buy/sell." SUCH HARD. MANY STEP.

 

[86'd]

...says the one who said:





the other guy isn't an idiot. i'm sure he'll read this and know without me tagging him in because some clown insists he be tagged in (while also not tagging him, either), after saying some really dumb shit.


also, lolz @ steps. click "buy/sell." SUCH HARD. MANY STEP.

Hahahaha

Walk him through it. He was asking in a forum for that purpose.

Or keep quoting me. I like hijacking your thread

 

[Last Samurai]

what the hell happened to this thread...

it went downhill faster than the markets

 

[kahiljabroni]

you must be rich then?

Nah i didn't buy most of them

 

[BJ@LW&WW]

You could put in the order after hours and see if it goes through early when the market opens. Or you miss out on it all together.

Again, the only trading you can do "after hours" is the futures market.

Best advice I could give you, if you have a set price that you're happy with (like 225) when you see it in that range buy it, as you're gambling it's worth more than that.

You have to pay attention to the news as well and gauge what could cause spikes or downfalls.

Unfortunately we are not in pentagon briefings where we know what next week's news is going be now. So we have to be a little more diligent, aware, and act quickly before ships set to sail.

no... there is an after hour market where you can sell stocks to people who want to buy stocks and vice versa


https://www.investopedia.com/ask/answers/after-hours-trading-am-i-able-to-trade-at-this-time/

 

[86'd]

no... there is an after hour market where you can sell stocks to people who want to buy stocks and vice versa


https://www.investopedia.com/ask/answers/after-hours-trading-am-i-able-to-trade-at-this-time/

Everytime I’ve tried selling at 5:00 PM and after the trades never went through. Unless the prices where still the same at open the following day. That’s been my personal experience

Also the original poster who was asking was looking to buy after hours.

So I’m guessing he tried and it did not go through.

You may want to try quoting him and explaining to him roundabout ways

 

[BJ@LW&WW]

Everytime I’ve tried selling at 5:00 PM and after the trades never went through. That’s been my personal experience

Also the original poster who was asking was looking to buy after hours.

So I’m guessing he tried and it did not go through.

You may want to try quoting him and explaining to him roundabout ways

like i already posted, most brokers require you to go through some steps stating you acknowledge the additional risks that after hours trading brings, and then you need to specify your trade order to be in the pre or post market. it is not trading of futures.

 

[rob mafia]

no... there is an after hour market where you can sell stocks to people who want to buy stocks and vice versa


https://www.investopedia.com/ask/answers/after-hours-trading-am-i-able-to-trade-at-this-time/

OMG, BUT WHAT ARE THE STEPS?

 

[MMAisGod]

For the record, I wasn't even the first person to ask the exact same question in this thread so obviously it has come up multiple times. I just couldn't remember the answer. Not sure why all the extra, character, is needed for a friendly question. That quarantine might be hitting some of yall a little harder than expected. But at least it was answered so there's that.