Economy stonks v22, infrastonksture

small caps can/are/have been dropping 5-10% pretty much daily on nothing.

ffs, covid shit is GOOD for a bunch of them (like bark, down 11%)

i can't tell if i'm angry because of how stupid all of this is or that the vast majority of money's tied up so i can't swing these.
 
rob mafia said:
small caps can/are/have been dropping 5-10% pretty much daily on nothing.

ffs, covid shit is GOOD for a bunch of them (like bark, down 11%)

i can't tell if i'm angry because of how stupid all of this is or that the vast majority of money's tied up so i can't swing these.
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I’ve been thinking this the past two weeks and they just keep going down. It’s insanity. There is hardly any meat left on the bone at this point.

Heck am I buying anything. Covid is spooking the markets and it’s not going away I guess.
 
86'd said:
How are those airline gainz looking?
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mr-chow-haha.gif


But I reloaded again
 
Just lol at ARKK. Holy fuck this fund has been murdered the past three weeks.

meanwhile SARK doing the biz rofl
 
so Powell's speech today tank's the market even though he said exactly the same thing yesterday. glad i got out of most of my calls in the am. think we just hit the bear market. get ready for more red.
 
Any more cases this shit will be a lot worse. Ffs man. It was supposedly a nothing burger but the media are really hyping this shit up
 
Gas121 said:
Any more cases this shit will be a lot worse. Ffs man. It was supposedly a nothing burger but the media are really hyping this shit up
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They always do.

None of this has to do with collective safety. It’s all about manipulating markets and gaining financial power and control.

And they’ll use examples of short term losses as a way to justify “that they’re actually fighting the ‘good fight.’ They’ve lost money too.”


But long term……
 
86'd said:
They always do.

None of this has to do with collective safety. It’s all about manipulating markets and gaining financial power and control.

And they’ll use examples of short term losses as a way to justify “that they’re actually fighting the ‘good fight.’ They’ve lost money too.”


But long term……
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Yeah well retail always are the first to take the hit right.

Kinda just surprised that one case of Omicron is how this market is going to sink. That aside when you dig into fundamentals of companies the P/E's and valuations are insanity. I've been pretty cautious all year, only hold 3 stocks long term. NVDA (great company by the way) is trading at ridiculous multiples after digging through the financials. I dunno maybe I just care to much about fundamentals but the valuations/math does not add up to me so I have been sceptical all year. Mega caps are carrying the market and there heavily over priced here.

I sold/trimmed 75% of my holdings yesterday, I sold at some heavy losses, but today would of literally killed me (phew). And Biden does not make me feel confident 'we are not locking down....Yet'.

Market will bounce back but eek I dunno where from here. There is like NO good news lol. Just FUD and fear. This is the recipe to tank markets.
 
lol fuck me almost bought some archer on the close and they get an apple engineer and up 10% without me.
bought some kplt shit at the close instead and it's down 7% lol.
Oh well only bad trade of the day
 
brackis1 said:
lol fuck me almost bought some archer on the close and they get an apple engineer and up 10% without me.
bought some kplt shit at the close instead and it's down 7% lol.
Oh well only bad trade of the day
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sonuvabitch

i sold $10c on my shares just hours ago
 
I think this market was just looking for a reason to tank. Smart money is getting out while retail buys the dip. Ill say it again this has been a stealth crash for months....just waiting on big retard tech to follow suit.
 
Gas121 said:
Any more cases this shit will be a lot worse. Ffs man. It was supposedly a nothing burger but the media are really hyping this shit up
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It doesn't really have anything to do with any "variant". The market was wobbly as hell for a week before there was any news of a variant, and was flat for the 2 weeks before that. They just needed any excuse to deflate the ridiculously bloated market.

I finally made back some of the money I've lost in the last month by getting apple puts today when it hit $170 and made 120%, doubled SPY puts and made 80% on UPS puts after I finally stopped deluding myself and accepting the bear market is likely here.
 
Futures favoring smallcaps/reopens/dow. Up .5-.8%...I feel like we open around .3% up and shake around?
 
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nostradumbass said:
It doesn't really have anything to do with any "variant". The market was wobbly as hell for a week before there was any news of a variant, and was flat for the 2 weeks before that. They just needed any excuse to deflate the ridiculously bloated market.

I finally made back some of the money I've lost in the last month by getting apple puts today when it hit $170 and made 120%, doubled SPY puts and made 80% on UPS puts after I finally stopped deluding myself and accepting the bear market is likely here.
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Airlines didn’t need an excuse to deflate because they aren’t inflated. 40% of prepandemic levels despite a Thanksgiving Holiday within 15% of all time highs and hospitality sector only down 20% to prepandemic. Airlines needed no fucking reason to dive like this. People better die, like all of us. Or at least all the fat people
 
BIKES! said:
Airlines didn’t need an excuse to deflate because they aren’t inflated. 40% of prepandemic levels despite a Thanksgiving Holiday within 15% of all time highs and hospitality sector only down 20% to prepandemic. Airlines needed no fucking reason to dive like this. People better die, like all of us. Or at least all the fat people
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I know your pain. I got $6k worth of PENN calls thinking it already deflated and $55 looked like the floor, and it dropped another 8% within 5 minutes of my order filling, and just keeps dropping. I'll probably dump out of them tomorrow at an 85% loss.
 
WYNN is juicy as fuck right now
 
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