Is the stock market going to tank?

**4matic** · 01-29-2020, 08:44 PM

Technical analyst a few days ago was talking about the concentration of the indices in the big 5 and how there was setup for a blowoff top on earnings because these stocks would be ripe for reversal.

TSLA is trading $650 now. Up $80 in the day.

**yeahman** · 01-29-2020, 08:58 PM

Originally Posted by egXy6MRATeNV4vkUwU4guj

Babybear droppin knowledge bombs tonight. Gonna take weeks to unpack the wisdom.

You're mixing your metaphors.

**babybear** · 01-29-2020, 09:01 PM

Originally Posted by egXy6MRATeNV4vkUwU4guj

Babybear droppin knowledge bombs tonight. Gonna take weeks to unpack the wisdom.

i dont preach this thread bc there are many different varieties but I do call out pretentious douches.

since this is a ski forum how about you drop some ski stoke?

**schuss** · 01-30-2020, 08:45 AM

Man, Bitcoin libertarians are the worst. You know block chain is primarily useful for supply chain right?
Also purely digital currency with no protections will always fail because auth is too easily compromised for the greater public.

**Bunion 2020** · 01-30-2020, 08:50 AM

Originally Posted by babybear

i dont preach this thread bc there are many different varieties but I do call out pretentious douches.

since this is a ski forum how about you drop some ski stoke?

BOOM!

**4matic** · 01-30-2020, 03:04 PM

Well, short AMZN was a bad idea. lol..

**Steve Lavigne** · 01-30-2020, 04:17 PM

Originally Posted by 4matic

Well, short AMZN was a bad idea. lol..

I was too much of a wuss to buy out of the money calls, but I did consider it.

**schuss** · 01-30-2020, 04:23 PM

Originally Posted by s2h5a6

Latent demand.

Items don't gain mass support until they're trusted and easy to use. Given that most block chain investment is in platforms and trusted chains between large payment processors/enterprises, bitcoin ain't winning vs visacoin or whatever.
Keep believing whatever, but most VC cash and actual experts are going that direction. The "no take backsies" nature of Bitcoin make it too prone to fraud to truly enable frictionless payments.

**Marshall Tucker** · 01-31-2020, 10:21 AM

Doesn't somebody here have the red-ass about Fidelity cash management? favor vanguard? what's the reason? did a search or two but wouldn't turn up -

**4matic** · 01-31-2020, 02:45 PM

There's a gap on the daily chart at 3212>3205. 30y back below 2%

**4matic** · 01-31-2020, 02:45 PM

Originally Posted by Marshall Tucker

Doesn't somebody here have the red-ass about Fidelity cash management? favor vanguard? what's the reason? did a search or two but wouldn't turn up -

Pickem. Rates are going lower anyway so probably won't matter

**Mazderati** · 02-04-2020, 03:13 PM

To buy or not to buy XOM with a 6% yield, that is the question.

**4matic** · 02-04-2020, 05:19 PM

I still think a washout is coming to crude oil. One of these days oil will be down and XOM up. That might be an entry

**ElToroPequeño** · 02-04-2020, 05:30 PM

Originally Posted by 4matic

Well, short AMZN was a bad idea. lol..

Appears shorting TSLA was worse. The short squeeze is real right now. “Bitcoin on wheels”

**VTeton** · 02-04-2020, 08:53 PM

I'm long amzn and have wanted to short tsla for a while, time to jump in?

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**shroom** · 02-04-2020, 11:05 PM

i’m buying fruit trees

**Tips^Up** · 02-04-2020, 11:22 PM

Fruit? Stick to the money trees.

**rod9301** · 02-05-2020, 12:52 AM

Originally Posted by VTeton

I'm long amzn and have wanted to short tsla for a while, time to jump in?

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I think shorting Tesla now makes sense after such a parabolic move. Buy long dated puts

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**Benny Profane** · 02-15-2020, 09:07 AM

Pump it up, vote for me!

https://www.cnbc.com/2020/02/14/whit...uy-stocks.html

**4matic** · 02-21-2020, 08:50 AM

30y Treasury yield @1.89% absolutely collapsed today in face of strong dollar. Dollar led the move as currency always proceeds a big move in rates.

**Marshall Tucker** · 02-21-2020, 08:57 AM

I would say it's time to think about buying but christ on crutches.

**Benny Profane** · 02-21-2020, 06:37 PM

https://mobile.twitter.com/paulmozur...2-21-2020.html

**Benny Profane** · 02-21-2020, 06:45 PM

13,000 Missing Flights: The Global Consequences of the Coronavirus https://nyti.ms/3bVBs5j

**babybear** · 02-21-2020, 06:54 PM

Originally Posted by Benny Profane

https://mobile.twitter.com/paulmozur...2-21-2020.html

it's funny all the co's say, "we pre-bought before the chinese new yr* so we're fine for now and the majority of our manufacturing has reopened"
but maybe that's one person coming into the factory and calling it "reopened"

*thank christ on crutches they did, bc otherwise co's wd be more f*cked
that is my favorite new saying.

**4matic** · 02-21-2020, 07:27 PM

It’s always sunny on Wall Street.

A gap down on Monday will likely bring test of 3300. If that holds de cline could be over. March expiration might have some fireworks one way or the other.