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Economy stonks v19, ffs. nasdaq is murdered

Holy heck. That bounce back from JMIA today was INSANE.

Opened: $18.02
Closed: $25.24

That's a 40% run in one day. Bears and bulls probably both crushed. Imagine selling. Imagine thinking your about to cash heavy in your short position.

This is pure RETARDED.
 
Gas121 said:
could be a lot of bull traps. Playing this market carefully atm.

Stocks are so beaten up that I feel shorting could get difficult soon. Today reversal was nuts.

Market will likely trade sideways for a few months I guess. Hoping it can stay around here so I can scoop up some cheap shares!
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I mean...the S&P 500 is still up 11.5% YTD. I think some of you guys would be much better off investing in boomer stocks. Might be a bit more boring but usually:
 
HOLA said:
I mean...the S&P 500 is still up 11.5% YTD. I think some of you guys would be much better off investing in boomer stocks. Might be a bit more boring but usually:
Click to expand...


Patience is key yes. But at my age with no one dependant on me I am open to some risky plays. I hold no boomer stocks albeit I probably should lol.
 
Just lol at Cramer. Same old, same old. Promoting the same old stocks he always does. Not interested in any new tech or anything. So predictable. Clearly in the pocket of wallstreet.

What ever Cramer does do the opposite I guess.
 
kahiljabroni said:
I think pltr turned the market around today. Everything blood red and dropping....pltr down 10% after smashing earnings then it rises like the undertaker and the rest of the market follows suit
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I saw somewhere that Cathy bought 2.8 million shares of pltr today. Lol if she actually did.
 
Revolver said:
I saw somewhere that Cathy bought 2.8 million shares of pltr today. Lol if she actually did.
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she's been buying pltr all dip. bought millions of shares on monday, too. and a lot last week, iirc.
 
rob mafia said:
she's been buying pltr all dip. bought millions of shares on monday, too. and a lot last week, iirc.
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PLTR is not a bad bet in fairness. But she has bought some other questionable stocks.
 
Big day for me. I got 1400 shares of ttcf and they report after hours. Showed strength yesterday and up 2% premarket.

If anyone wants a 3-5 year play this is a good one. Its like 40% of its 52 week high for no reason.

Side note...imo if you're looking take a position in a long term play do it right before earnings...especially in a market like this.

Buy half of what you want.
Company crushes earnings and it drops 10%, buy the other half....or....Company jumps on earnings and you just made a nice profit
 
the cpi doomsday came an hour ago...

GPCsObt.jpeg
 
lol shorts payyyyin
RealReal Bless.

Meanwhile Ford hanging in!

Shoulda held my volatility not my index shorts but oh well.
 
brackis1 said:
lol shorts payyyyin
RealReal Bless.

Meanwhile Ford hanging in!

Shoulda held my volatility not my index shorts but oh well.
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lol fuck I shoulda shorted more of that RealReal shit. Opned up 5% off a CNBC pump and now -5%. I took a massive 5% bite, but wahhh
 
lol shoulda shorted Fubo when it was titty tard euphoria bid up to 22.5
Christ SLQT woulda be moola too. Gains are gains, but I'm too conservative betting either direction =[
 
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i bought a few LEAPs. will probably just theta farm weeklies off them until i decide to close them or spread em

fc17e9db9cf7188ea9ab3aa9a684d28c.jpg
 
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