I didn’t want to FOMO with markets up 1,000. I felt like an oven was to cook me if I did that. But when I saw the Italian markets go negative, I got in — only short via TZA. After markets dumped out, I smartly closed out that position for +4.7%. See, at the time the cruisers were all halted and OXY too. But then the news came out that was positive, bailouts and divvy cuts. No bankruptcies. We have a fucking low bar of expectations going on here.
So then I went all in.
I SOPPED up my buy lists, a wishlist of stocks that I liked. I even bought TSLA.
The point here is that I cannot be wrong. I am ordained to bank coin in this market. I was born into the riots of NYC and I thrive in chaos.
I reserved 20% cash for eventualities. But I doubt I’ll need it.
Top pick: FRO
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You’re just another flu bro now
what a trading god.
honestly Fly idk what to think anymore. At first it was just a little bat soup, then worldwide pandemic, but the media coverage has turned so meme that it all seems so fake once again.
Pence, the coronavirus czar, not knowing if Trump had been tested for the virus was pure comedy.
10 days since 1st confirmed case in New York state, but it hasn’t hit the city yet??
Should I just go to Rochelle and get some coronavirus for myself, just to make sure its legit??
I’m feeling pretty bullish myself. Look at China. They seem to be over the worst of it. This will pass eventually. I think another dip as the number of cases in the US explodes is a possibility, but the best time to buy is when the markets look apocalyptic, as they do now.
Don’t leave us hanging.. did you buy anything? I bet .. No. Always easier to aim than pull the trigger.
Lol. Where did that come from? I doubled a large position in an equity. I’m already feeling pretty bad about it.
Market rewards bold moves. Now sell before you lose it all. ?
Will it go away?: https://ccdd.hsph.harvard.edu/will-covid-19-go-away-on-its-own-in-warmer-weather/
It’ll be a while yet before the extent of the Wuflu’s effect on the economy will be understood. The virus is just getting started here in the West.
The battle over market share between Russia and the Saudi’s is a lot more straightforward though so that should be priced in quickly. Putin wants Trump back in so he will make sure the markets get a timely bounce.
Trump needs to just STFU for a few days. Market doesn’t like his stupid ass tweets about the virus.
Ballsy play, Fly. From 1pm to 2pm it didn’t look like too smart of a move until, obvs, it was a winner. Well done; you seemed imbecile. I bought some SPY 282 calls around 11:30am, sold them for a quick and panicky 55% gain and then sat on my ass the rest of the day watching this churning-assed market. Could’ve 4-bagged it but got scared. Hope tomorrow treats you well, but not looking so promising at the moment. To inter-evening intervention!