Coronavirus Stock Market buy off.

[99steak]

BUY! BUY! BUY!

Short sellers are attacking the market to make a killing, tank the economy, and get Trump out of office!

They are doing this in hopes enough REAL investors get scared and bail on their investments. Indeed, prudent Main Street investors have INCREASED their buying of stocks during the current market downdraft.

Nobody is "panicking."

Just like Billy Walters, "sharp money" is trying to manipulate the market, plain and simple:

Short-sellers reaped $51 billion in just 7 days as markets tanked on coronavirus panic

https://markets.businessinsider.com...week-fall-coronavirus-panic-2020-3-1028968941

Do not be fooled.

This is how George Soros made a fortune by short selling the British pound.

Why isn't this spawn of Satan behind bars or permanently BANNED from the US?

:neenee: hno:

This is how the 1% gets richer and the richer and the rest gets poorer and poorer. The rest are just slaves. During manipulation, they will give back all the hard earned saved investments then slave themselves and work hard pay check to pacy check.....rinse and repeat. This is the best time to have liquid assets to scoop up some great stocks and hold long term.

 

[TheFalls]

That was a mf meltup of all times. Wow
Blowing up all kinds of shorts

 

[shdw01]

I understand I'm 10 pages in and I admit I did not read through this thread so if answered already, please quote and repost instead of bashing me for not reading. My question is:


Why would a market crash reflect bad on Trump? This disease and panic has nothing to do with him.

 

[PatsFan1283]

Shdw this thread doesn’t have too much political commentary, more finance/economy.

That was a rip to make a longs dick hard though.

 

[Seymour]

I understand I'm 10 pages in and I admit I did not read through this thread so if answered already, please quote and repost instead of bashing me for not reading. My question is:


Why would a market crash reflect bad on Trump? This disease and panic has nothing to do with him.

Fake news is blaming everything on Trump - "look at the Trump stock market" - "we need leadership" etc. - there are not tests available - some dumb **** just asked him about the hand saniziter shortage implying he is responsible for the shortage - it's comical

 

[RenoChazz]

Fake news is blaming everything on Trump - "look at the Trump stock market" - "we need leadership" etc. - there are not tests available - some dumb **** just asked him about the hand saniziter shortage implying he is responsible for the shortage - it's comical

I was watching that too. Good to see some of these smart CEO's get a taste of the dumb ass questions he gets to try to paint his actions on this as a failure.

 

[TimmyRules]

I was watching that too. Good to see some of these smart CEO's get a taste of the dumb ass questions he gets to try to paint his actions on this as a failure.

The sheer ignorance of some of the questions was unbearable...

 

[TheFalls]

Going to chalk that unprecedented S&P spike up to the PPT. They are back boys.

 

[snoop]

Just reading through some bullet points of the emergency package they're going to pass tomorrow, majorities of the benefit is to cover low incomes/vulnerable group. More or less it looks like a bandage. It's a small drop in a bucket if they decide to extend public school closing past April - not even counting unemployment casualties from travel/leisure sector is starting to pile up. "Flatten The Curve" or social distancing approach to fight the virus comes at a cost - we could be chalking off 1%-2% GDP growth in 1H of 2020. They should have done this anyway, it could be as early as day one. Everyone was so busy pointing fingers at each other and China, missing a golden opportunity stop the initial spread - talking about dropping the fucking ball.

 

[99steak]

 

[MrBetitall]

The sheer ignorance of some of the questions was unbearable...

Ignorant questions like: why in 2018 did "the Trump administration fire the government’s entire pandemic response chain of command, including the White House management infrastructure"

https://foreignpolicy.com/2020/01/3...ited-states-public-health-emergency-response/

 

[RenoChazz]

Ignorant questions like: why in 2018 did "the Trump administration fire the government’s entire pandemic response chain of command, including the White House management infrastructure"

https://foreignpolicy.com/2020/01/3...ited-states-public-health-emergency-response/

Because presidents dont fire and put in their own people when administrations change. Just more meaningless politicization to scare the public that nothings being done. Meanwhile the same people parroting this kind of crap are standing in large lines to get 4 things of TP, when the CDC has said to stay away from large gatherings.

 

[PatsFan1283]

Just reading through some bullet points of the emergency package they're going to pass tomorrow, majorities of the benefit is to cover low incomes/vulnerable group. More or less it looks like a bandage. It's a small drop in a bucket if they decide to extend public school closing past April - not even counting unemployment casualties from travel/leisure sector is starting to pile up. "Flatten The Curve" or social distancing approach to fight the virus comes at a cost - we could be chalking off 1%-2% GDP growth in 1H of 2020. They should have done this anyway, it could be as early as day one. Everyone was so busy pointing fingers at each other and China, missing a golden opportunity stop the initial spread - talking about dropping the fucking ball.

I think it was good for the plan to just be more of a stopgap than all encompassing because we're gonna have to play this by ear a little more. Another stimulus in a few weeks, perhaps another after that. Government adjusting to the situation in real time will be key.

Also think holding off on something like payroll tax cuts was prudent, that's more for stimulating once we get out of this mess, right now it is about putting bandaids on the wounds.

 

[NorthernStar]

Because presidents dont fire and put in their own people when administrations change. Just more meaningless politicization to scare the public that nothings being done. Meanwhile the same people parroting this kind of crap are standing in large lines to get 4 things of TP, when the CDC has said to stay away from large gatherings.

He eliminated that department. Doesnt look like a very good move now. Per usual can't own up to any possible mistake.

Is he going to be asking everyone how their 401k's are doing at his rallies in the future?

 

[Michelangelo]

He eliminated that department. Doesnt look like a very good move now. Per usual can't own up to any possible mistake.

Is he going to be asking everyone how their 401k's are doing at his rallies in the future?

Just curious who you think would have handled this mess better than Trump has?

Biden? Bernie?

If so, what would they have done that could have altered the trajectory of this virus better than our current President?

 

[NorthernStar]

Just curious who you think would have handled this mess better than Trump has?

Biden? Bernie?

If so, what would they have done that could have altered the trajectory of this virus better than our current President?

Just tell the truth to the american people. How hard would that be and it costs nothing?

This thread is about the market......which has tanked......he has made the market worse not any better by totally down playing it.

The market doesn't like uncertainty.

 

[REDEYE]

Just tell the truth to the american people. How hard would that be and it costs nothing?

This thread is about the market......which has tanked......he has made the market worse not any better by totally down playing it.

The market doesn't like uncertainty.

This is just an opinion by you. You have no idea why the market is going up or down by what Trump states. I will agree about the uncertainty , but whatever Trump says or doesn't say , there will be uncertainty..
Were you amongst the many calling Trump a liar with the other projects to bring him down ?

 

[RenoChazz]

Will the Fed go to Zero?

And that's a yes. Time to sell or refi.

 

[snoop]

QE-5 is confirmed to the tune of $700B purchasing of Treasuries/MBS, they slashed rate to zero on top of that. The Fed can see lots of data that's not avail to the public. My guess is they're seeing recession is a writing on the wall to justify this action. The Fed worst nightmare is here now. They can't fight the virus w/ monetary policy. A little extra cash in everyone pocket wouldn't do shit when everyone is hunkering down in fear of covid-19.

S&P future trading hit 'limit-down', we're in for another wild ride next week.

 

[PatsFan1283]

Futures giving QE-infinity the finger makes me think the market being shutdown sometime in the next month is live. I have a friend that is a trader that says S&P breaks 2k and he thinks they shut it down, not sure how I feel about that.

That was my one concern that the market could have major short-term issues is if they gave QE-infinity the finger. They gave the repo market the finger too.

It is just futures though, guess we'll know more tomorrow.

Fwiw, friend also told me that the 8% to 3.5% gap up after repo market was all algos and it was humans that pushed it back to 10%