TRUMP THREATENS TO 'CUT OFF THE WHOLE RELATIONSHIP' WITH CHINA, SAYS U.S. WOULD SAVE $500 BILLION
https://www.newsweek.com/trump-threa...-1504042?amp=1
Once Trump does this and makes sure that Apple can't manufacture the iPhone in China or use Chinese parts as well as all other American companies.
By banning all American companies and all American people from doing business with China, Trump will stabilize the U.S. stock market. By stabilize, I mean crash by at least five to six thousand points. China will get revenge by releasing a virus that will kill millions.
Trump is the savior of American business.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
So fucking obvious that the fed stepped in to recapture 2820. I didn’t think about selling once.
Yeah. For now there seems to be a very big concerted effort to make sure it doesn't go any lower. However, I don't see any compelling reason for it to rally much higher either. Seems like we are going to be stuck bouncing around in this middle ground for the foreseeable future.
If SPY gets to the high 280's I will probably do some puts, but otherwise I don't think there is any way to play this market.
If I had the bankroll I think some SPY covered calls would be a good strategy right now. But I don't have $30,000 lying around to buy the stock.
Elon Musk lists more homes for $97M after vow to sell possessions
https://nypost.com/2020/05/14/elon-m...l-possessions/
Sorry Elon but your homes are way over-priced.
We are at 25% unemployment.
35 million Americans have no job.
In a few months when evictions are allowed to proceed forward, millions of people will become homeless.
With tons of foreclosures are the market and everybody trying to sell their properties, property values will be cut in half by next year and they may drop even further than that.
Well. It can't hurt to put your home on the market and see if anyone bites. My boomer parents (the ones who who are signed up for a cruise this October) just bought a 2nd house in Reno in the last month. There are a lot of people that aren't very good with money, and you will never know if you are going to be the one to benefit from it without trying.
I like open forums but honestly we may need to ask Druff to move this to the VIP forum or make it private.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
and honestly id prefer just making it a private thread here but a) i genuinely dont think druff will do it and b) im guessing he just lets people shitpost there as well.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Just hold the fort a little longer till sports restarts and the problem will probably take care of itself. Most of us (definitely me) will probably lose interest very fast.
Definitely not you verm.
fed stability report dropping 4pm est tomorrow.
bullish lol.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
The Fed (I’m guessing) just stuck a big fat cock in the ass of every Bear in the market.
2820 was a super important spot on the chart. Not only did it hold - they added a failed break. Feeling like a test of the 2950 ceiling is a near certainty and I’d bet we break north and hit at least 3K.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Did a 5/15 SPY 284 put 5 minutes before close. If I had waited 1 minute longer could have gotten 285 for same price.
COO
Insider Gregg Scarlett reports buying 25,000 shares of $BLMN for a total cost of $251,200.00
That’s a fine looking chart
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