Got down to 2840 and seems to be on the way back up now. Probably won't get a chance to see my SPY 286 PUTS ITM.
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Got down to 2840 and seems to be on the way back up now. Probably won't get a chance to see my SPY 286 PUTS ITM.
if this happens, the bottom will be taken out instanter.
Retaliation threats
Conversations are at a very preliminary stage, but the U.S. appears to be crafting retaliatory measures against China over the coronavirus outbreak. "We signed a trade deal where they're supposed to buy, and they've been buying a lot, actually. But that now becomes secondary to what took place with the virus," President Trump told reporters. The U.S. is not considering stopping debt payment obligations to Beijing - as that would hurt the "sanctity of the dollar" - but Trump said he could do the same thing, for even more money, via tariffs. A resumption of the trade war wouldn't be a good recipe for markets, but other ideas are under consideration: Sanctions, non-tariff trade restrictions and lifting China's sovereign immunity (allowing lawsuits against Beijing in U.S. courts).
Go deeper: EU chief wants probe into coronavirus origin.
so elon musk is having what appears to be a full blown mental collapse on twitter, and the SEC is almost certainly going to get involved.
i genuinely think he just tanked the market.
I just don't understand why he would tweet that.
Rambling about freedom I can maybe stretch to that, but to say the stock is too high?
Verm can we get an update? Did you hold your puts for this gold rush?
I think it’s two different things
1. He’s clearly having “some issues” and needs help
2. He’s the CEO of a major company. He did this shit before when the stock was low, now again when it’s high (and defrauded people he sold shares to a few months back if he really thought it was too high). He should be in jail. He can’t do this in the middle of a trading day.
Is this true? Or is baby code
lol
On number two, I actually believe he can. This isn't forward looking guidance. I had the same reaction and my father told me to STFU...(he worked under SEC regulations as well). He said use the inverse to test, "the stock should be higher." That gets said almost daily by CEOs on CNBC. Buttt dude is obviously on day two of a drug bender before his kid is born.