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Forum » What the fuk is going on on Wall Street?
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Thread: What the fuk is going on on Wall Street?

post 1612080871 07-30-2020, 08:40 AM
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  1. nothingshocking
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What the fuk is going on on Wall Street?

The US economy contracted at the fastest rate on record in Q2.

32.9% to be exact.

We're sitting within 10% of the Dow's all time high, on the heals of the worst quarter ever.


This is fine
post 1612081101 07-30-2020, 08:42 AM
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  1. GordonXXX
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market always looks ahead you dumb f**k.
post 1612081841 07-30-2020, 08:47 AM
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  1. Unstumpable
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Money printer go brrrr
post 1612081951 07-30-2020, 08:49 AM
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  1. ChknFrydMFer
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This is nothing shocking tbh
<HTC>
Pick 6 Crew
RIP Rich Piana
Dallas Cowboys
post 1612082031 07-30-2020, 08:49 AM
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Stock market is from the future, there is no spoon
post 1612082091 07-30-2020, 08:49 AM
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Originally Posted By Unstumpable⏩
Money printer go brrrr
Pretty much this.

It is going to be interesting these next few months/years.

In some ways this is worse than 08. In some ways it is better.
post 1612082141 07-30-2020, 08:49 AM
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  1. Destor
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Stock prices and valuations really shouldn't swing that wildly from shorter-term, basically uncontrollable events. Companies are valued based on their projected earnings / cash flow / profits over the long term, the entire life of the company


This is really the whole concept behind value investing
post 1612082171 07-30-2020, 08:49 AM
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  1. JaxBrah
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forced closure of economy

then reopen of economy


i really dont see whats so difficult to understand here.
Certified 1200 ng/l T
post 1612082461 07-30-2020, 08:52 AM
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"Better than expected!"

Virtue is its own reward.
post 1612082661 07-30-2020, 08:53 AM
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Inflation a comin
post 1612082851 07-30-2020, 08:55 AM
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Originally Posted By GordonXXX⏩
market always looks ahead you dumb f**k.
This combined with the fed printers go brrrrr
Pronouns: Bro/Brah

/\^/\^Misc Colorado Crew^/\^/\
post 1612083971 07-30-2020, 09:06 AM
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#12
  1. DesiredUserphag
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My stocks all went up yesterday and are all down today. I need to stop looking at them because I'm in for the long run anyway. Never look at my Schwab account which is up a few K but my friend got me into Robinhood so I put a few hundred in and really starting to hate the daily updates heh.
𝗣𝗨𝗥𝗘𝗕𝗟𝗢𝗢𝗗
ωσяℓ∂ тяανєℓєя ȼяєω ₅₀/₁₉₅
𝕬𝖊𝖘𝖙𝖍𝖊𝖙𝖎𝖈𝖆𝖑𝖑𝖞 𝕮𝖚𝖙 𝕸𝖆𝖘𝖙𝖊𝖗 𝕽𝖆𝖈𝖊 ®
ᗪIᔕᑕᖇIᗰIᑎᗩTIOᑎ E᙭ᑕᒪᑌᔕIOᑎ IᑎᗪOᑕTᖇIᑎᗩTIOᑎ
post 1612084061 07-30-2020, 09:07 AM
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It's all controlled
post 1612084201 07-30-2020, 09:08 AM
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  1. nothingshocking
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Originally Posted By GordonXXX⏩
market always looks ahead you dumb f**k.
Thanks Gordon. That explains everything.
post 1612084291 07-30-2020, 09:09 AM
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  1. Destor
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Originally Posted By DesiredUser****⏩
My stocks all went up yesterday and are all down today. I need to stop looking at them because I'm in for the long run anyway. Never look at my Schwab account which is up a few K but my friend got me into Robinhood so I put a few hundred in and really starting to hate the daily updates heh.
Yeah it's kinda fun to watch but becomes exhausting. I have long-term holds as well but still watch them daily
post 1612084301 07-30-2020, 09:09 AM
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it’s the beginning of the US decent to third world
HTC is too skinny for me. Fat Girls only crew. serious
Chubby Chaser and Fat Girls Only crew Founder
post 1612084321 07-30-2020, 09:09 AM
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Gambling money shifted to wallstreetbets.
post 1612085891 07-30-2020, 09:22 AM
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Originally Posted By Destor⏩
Yeah it's kinda fun to watch but becomes exhausting. I have long-term holds as well but still watch them daily
Finally looked at my Schwab account (Was with USAA but they sold all their stock stuff to Schwab) and it was up 1.5k but 10 days prior I saw that I was up 3k lmao. Ever since then I just stopped looking since that account is just for long term.
𝗣𝗨𝗥𝗘𝗕𝗟𝗢𝗢𝗗
ωσяℓ∂ тяανєℓєя ȼяєω ₅₀/₁₉₅
𝕬𝖊𝖘𝖙𝖍𝖊𝖙𝖎𝖈𝖆𝖑𝖑𝖞 𝕮𝖚𝖙 𝕸𝖆𝖘𝖙𝖊𝖗 𝕽𝖆𝖈𝖊 ®
ᗪIᔕᑕᖇIᗰIᑎᗩTIOᑎ E᙭ᑕᒪᑌᔕIOᑎ IᑎᗪOᑕTᖇIᑎᗩTIOᑎ
post 1612086351 07-30-2020, 09:26 AM
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  1. AltarOfPlagues
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stocks only go up
do not read my posts and weep, i am not there i do not sleep
i am the thousand greens that rep, i am the ban bet dutifully kept
of memes and trolls in toasted breads, i am not there, i am not dead.
post 1612086821 07-30-2020, 09:30 AM
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I wonder how large and juicy the bulge bracket banks' derivatives books are right now?
"The manlet is a savage beast that knows no moral bound. After falling in disgrace to a manmore, a ravaged manlet would not hesitate to come from behind and land a sucker punch/ swing with a rock to the back of a manmore's head. They are ruthless and you need to spend some more time in the gutter to even begin trying to comprehend what goes on in their minds."

Hurt by the aleeboy and need to cope? Go here for hugs: https://forum.obnoxiousbrutes.com/showthread.php?t=178724011
post 1612087881 07-30-2020, 09:41 AM
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Where else are people going to put their money?
post 1612088241 07-30-2020, 09:45 AM
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stonk market is being artificially propped up by the FED

Originally Posted By AltarOfPlagues⏩
stocks only go up
also this
post 1612088381 07-30-2020, 09:46 AM
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  1. Mountaineer92
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Originally Posted By nothingshocking⏩
The US economy contracted at the fastest rate on record in Q2.

32.9% to be exact.

We're sitting within 10% of the Dow's all time high, on the heals of the worst quarter ever.


This is fine
holy fk learn to read. it didnt contract 32.9% in q2, thats the ANNUALIZED RATE.
PUREBLOOD CREW
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If you are reading this - go do 100 push ups.
post 1612089081 07-30-2020, 09:54 AM
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#24
  1. nothingshocking
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Originally Posted By Mountaineer92⏩
holy fk learn to read. it didnt contract 32.9% in q2, thats the ANNUALIZED RATE.
So what? It's the largest contraction in recorded history.
post 1612089651 07-30-2020, 10:00 AM
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#25
  1. TaeBoNinja
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Originally Posted By nothingshocking⏩
So what? It's the largest contraction in recorded history.
Q3 is gonna be like 20%, and most think we'll gain back the loses by next spring.
6'3 Master Race
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post 1612091021 07-30-2020, 10:12 AM
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#26
  1. Uhyeahokay
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Housing market also stable.
Prop, prop!
post 1612091181 07-30-2020, 10:14 AM
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  1. Mountaineer92
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Originally Posted By nothingshocking⏩
So what? It's the largest contraction in recorded history.
so what? its a big contraction yes. but people spreading the -32% in q2 is fake news. so what lmao i know you wish it went down by that much.
PUREBLOOD CREW
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If you are reading this - go do 100 push ups.
post 1612091541 07-30-2020, 10:18 AM
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Originally Posted By Unstumpable⏩
Money printer go brrrr
This.

Without the Fed's intervention, and what is basically corporate welfare, the stock market would be in the absolute chitter.

Our government has decided to take from everyone(through QE and low interest rates) to prop the market.

They've been doing this chit since the 2007/2008 crash.
Misc Entrepreneur Crew
post 1612091901 07-30-2020, 10:21 AM
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#29
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Buy SPY puts for EOY if you want your own money printer
post 1612092931 07-30-2020, 10:32 AM
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  1. nothingshocking
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Originally Posted By Mountaineer92⏩
so what? its a big contraction yes. but people spreading the -32% in q2 is fake news. so what lmao i know you wish it went down by that much.
Really? Fake news? Every fuking rate you read about is annualized.

Urine idiot
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