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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 1612093031 07-30-2020, 10:33 AM
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#31
  1. ErnieMccracken
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Corporate welfare. Remember, socialism is great as long as it's for corporations.

post 1612107091 07-30-2020, 01:08 PM
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#32
  1. poundXpound
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Originally Posted By nothingshocking⏩
Really? Fake news?Every fuking rate you read about is annualized.

Urine idiot
Sorry bro, you're wrong. When the economy was up 4% after Trump was elected, not one media outlet said the economy was up 16%.
A democracy is two wolves and a lamb voting on what to have for lunch. And that's why the USA is a constitutional republic and not a democracy.
post 1612107421 07-30-2020, 01:12 PM
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#33
  1. digital022
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I'm still trying to fathom how TSLA tripled or quadrupled in 2020 of all years after not doing chit for the better part of five years during a bull run. It's like these elite *******s said tag you're it and started to dump their money in. And what about Kodak, you guys want to talk about a clown world fukkn lol.
Your schtick sucks and it screams insecurity.
post 1612107571 07-30-2020, 01:14 PM
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#34
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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
The economic engine of America is small business. When the economy tanks, small businesses suffer. Big business is immune. They get handouts from politicians to keep themselves profitable (e.g., "too big to fail" bailouts). Big businesses are publicly traded, not small businesses. The Dow only tells you how well big business is doing and this 4+ month lockdown has been great for them. For most of the country (and tens of thousands of small businesses) it's been a disaster. The fact it was all avoidable makes it worse.

Cliffs:
- true state of economy =/= DJIA
"Buy a man eat fish, the day, teach man, to lifetime." - Joe Biden

2022 New Year's Resolution: Randomly neg TheScapeGOAT for lulz.
post 1612107721 07-30-2020, 01:15 PM
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#35
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Most people who got laid off were low income earners. People that invest are working from home and have more money set aside because they don't have to pay for daycare or travel costs
post 1612108011 07-30-2020, 01:19 PM
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#36
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Federal Reserve is pumping 10 trillion dollars into the economy/Wall Street. Average man gets practically nothing but the multinational corporations get billions from the Fed. Stocks are way over inflated.
post 1612108071 07-30-2020, 01:19 PM
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#37
  1. PowerD
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stock price is the valuation of a company in us dollars. us dollars are losing their value, or, losing their purchasing power. now it takes more dollars to buy a slice of that company.
post 1612108461 07-30-2020, 01:23 PM
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#38
  1. LashGordon
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Originally Posted By bfdehewdbyywhn⏩
it’s the beginning of the US decent to third world
Wasn't that the Hart-Celler act?
post 1612108491 07-30-2020, 01:23 PM
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#39
  1. quadfecta
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Originally Posted By digital022⏩
I'm still trying to fathom how TSLA tripled or quadrupled in 2020 of all years after not doing chit for the better part of five years during a bull run. It's like these elite *******s said tag you're it and started to dump their money in. And what about Kodak, you guys want to talk about a clown world fukkn lol.
Kodak founded in a rat year 1888 (8 the number of power and money), currently a rat year, best time to be a rat sign

Not shocked in the slightest. Would’ve been a solid bet if you saw the writing on the wall
post 1612108691 07-30-2020, 01:25 PM
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#40
  1. MinisterOfLust
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Maga???
post 1612109011 07-30-2020, 01:29 PM
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#41
  1. ErnieMccracken
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Originally Posted By MinisterOfLust⏩
Maga???
Why haven't we heard anything from trumpcels?? I thought they were against socialism and handouts. Well, here's $10T worth of fukkin handouts.
post 1612109621 07-30-2020, 01:35 PM
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#42
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Dollar hit a 2 year low this week too.

Cant wait for inflation to kick us all in the balls.
post 1612109771 07-30-2020, 01:37 PM
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#43
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Originally Posted By GordonXXX⏩
market always looks ahead you dumb f**k.
Too bad we are entering a 100 year long bear market. There wont be any meaningful recovery, it´s jsut gonna get worse. We haven´t seen most of the effects of covid yet.
Originally Posted By digital022⏩
I'm still trying to fathom how TSLA tripled or quadrupled in 2020 of all years after not doing chit for the better part of five years during a bull run. It's like these elite *******s said tag you're it and started to dump their money in. And what about Kodak, you guys want to talk about a clown world fukkn lol.
The clown world won´t admit defeat, it´s doubling down. It´s just gonne get more and more rediculous until the end.
post 1612110521 07-30-2020, 01:44 PM
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#44
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“I hear the refrain that the market is ahead of itself. In reality the market is always ahead of itself. That is, after all, its job. In recoveries the negative case is always more compelling, articulate and reasonable than the positive one, because we can see and focus on the bad news. The market, meanwhile, is looking forward and over the horizon.” - Laszlo Birinyi

“It was the best advice and the earliest advice. I was working at a brokerage house one summer while in college, and one of the guys who was another runner at the firm delivering securities said, “Let me tell you all you need to know about the investment business.” I said, “What’s that?” He said, “Nobody knows nuthin’.” That sounds cynical, but we don’t know what the markets hold, certainly not in the short run. We have no idea.” - John Bogle
post 1612113011 07-30-2020, 02:10 PM
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#45
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Time to get your bets going, folks.

It's not called Wall StreetBetsfor nothing.
post 1612113421 07-30-2020, 02:14 PM
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#46
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Socialism is bad... unless it's for major corporations.

...Right guise?
post 1612113541 07-30-2020, 02:15 PM
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#47
  1. ErnieMccracken
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Originally Posted By ralphlaurenbrah⏩
Socialism is bad... unless it's for major corporations.

...Right guise?
How else are we going to get the trickle down golden shower effect from the wealthy?!?
post 1612113991 07-30-2020, 02:20 PM
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#48
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go thak the federal reserve.

and govt giving BILLIONS to big pharma and companies like kodak. lol
Weight Loss: Go carnivore or keto/low carb. Create calorie deficit. Buy packaged healthy meals if needed. Meat is good and heals, stop being lied to.

Youtube Dr. Shawn Baker to change your life today.
post 1612114371 07-30-2020, 02:25 PM
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#49
  1. ErnieMccracken
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Originally Posted By GordonXXX⏩
“It was the best advice and the earliest advice. I was working at a brokerage house one summer while in college, and one of the guys who was another runner at the firm delivering securities said, “Let me tell you all you need to know about the investment business.” I said, “What’s that?” He said, “Nobody knows nuthin’.” That sounds cynical, but we don’t know what the markets hold, certainly not in the short run. We have no idea.” - John Bogle
The first book every home gamer should read. I had a finance prof make it required reading.

post 1612119221 07-30-2020, 03:20 PM
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#50
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Originally Posted By orangetide⏩
Inflation a comin
You just attach a turbo to the money printer at that point. Everyone has a fake economy atm anyways.

Originally Posted By ralphlaurenbrah⏩
Socialism is bad... unless it's for major corporations.

...Right guise?
Socialism doesn't work when its socialism among the poor. You're never going to get the rich's money no matter how hard it makes you thinking about it. You'd have socialism amongst a bunch of people making 40k a or less a year. Everyone would be poor
Mod neg Cry-Baby Crew
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post 1612120041 07-30-2020, 03:30 PM
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#51
  1. ErnieMccracken
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Originally Posted By swoleyo⏩
Socialism doesn't work when its socialism among the poor. You're never going to get the rich's money no matter how hard it makes you thinking about it. You'd have socialism amongst a bunch of people making 40k a or less a year. Everyone would be poor
Is that kind of like how executives were doing share buybacks to pump the stock price and then immediately went running to Daddy Trump when the pandemic hit? And then he cut them all a blank check?
post 1612120241 07-30-2020, 03:32 PM
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#52
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Originally Posted By RocknRollMuscle⏩
go thak the federal reserve.

and govt giving BILLIONS to big pharma and companies like kodak. lol
What’s wrong with that? Corporations are not our enemy. Corporations provide products that we like, and they hire us, and corporations invest in things. Corporations are people, and they’re not inherently evil. And the vaccine and cure for coronavirus will be created a produced by a Corporation.
post 1612120671 07-30-2020, 03:37 PM
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#53
  1. digital022
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Originally Posted By ErnieMccracken⏩
Is that kind of like how executives were doing share buybacks to pump the stock price and then immediately went running to Daddy Trump when the pandemic hit? And then he cut them all a blank check?
I mean, they were clearly taking notes in 2008. They're no fool$
Your schtick sucks and it screams insecurity.
post 1612121631 07-30-2020, 03:48 PM
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#54
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.........


and apple just announced a 4:1 split!!!!!!!


Haha - sucks to suck OPIE.
post 1612122231 07-30-2020, 03:54 PM
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#55
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distrubution
before the
fall down
or consolidation before
skyrocketting, either way
it will fuk both bet's
post 1612122461 07-30-2020, 03:56 PM
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#56
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Originally Posted By CulturalDecay⏩
.........


and apple just announced a 4:1 split!!!!!!!


Haha - sucks to suck OPIE.
The fuk are you on about?
post 1612122611 07-30-2020, 03:57 PM
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#57
  1. ErnieMccracken
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Originally Posted By digital022⏩
I mean, they were clearly taking notes in 2008. They're no fool$
What incentive is there to run a corporation cleanly now? Do buybacks instead of save cash, raid the pension fund, operate on crazy debt levels, whatever. If the economy tanks and you're immediately busto, the government will just add some 0's to your bank account.
post 1612123621 07-30-2020, 04:06 PM
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#58
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