Brent in Az
AH ambassador
That's the thing about Politicians, they have no balls, when it really matters.That's not going to happen, he will sign what makes it to his desk.
The stock market will plunge again.
That's the thing about Politicians, they have no balls, when it really matters.That's not going to happen, he will sign what makes it to his desk.
That's the thing about Politicians, they have no balls, when it really matters.
The stock market will plunge again.
May try to buy some SQQQ in the morning if it doesnt rise too much premarket, I was unsure about the stimulus and am just learning to understand the 3x ETFs and risks.Not disagreeing at all. I have worked in politics for 20+ years and Trump has more balls than anyone I have ever dealt with, but as long as we are a republic, the POTUS is never going to get 100% of what they want.
I am very deep into index shorts, I bought them all day long, so you know what I think is going to happen.
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May try to buy some SQQQ in the morning if it doesnt rise too much premarket, I was unsure about the stimulus and am just learning to understand the 3x ETFs and risks.
They are delaying the jobs numbers release which is obviously going to tank the market. Will likely be released same day as the stimulus to stem the bleeding?
I wouldn't disagree with the short positions. Unfortunately, I'm invested in Vanguard for the majority of my assets. They have "wisely" decided that instruments like SQQQ don't meet their requirements, so I'm a bit handicapped. I may look into other firm for some playing money in the future.
I have remained basically neutral. Still money available for long term allocation.
BRK.A is all the way down to $267,000 a share....better get in now!
What about the company that owns corona beer!!! Figure they're taking a pounding but then again what stock isn't...a lot are on fire sale...I was very fortunate and moved all my retirement out of the market when it was the Dow was at $27,500, now I'm just trying to figure out when to get back in.
No way I'm buying into that dead cat bounce. I say the s&p will drop 50% at the low.
Lol....the water is warm because its red. I was looking for the Dow to hit about 16,500. I know it jumped a good bit today but I don't think its hit bottom yet. But I've been wrong before.Come on back, the water is calm and warm!
Loose Fed monetary policy should help the miners with PM pricing up and gas prices low:
AG @6.82
SA @8.17
You guys think oil still has much more to drop? Thinking of dumping off some oil stocks if its going to be range bound for awhile and putting that $$ to work elsewhere...
Lol....the water is warm because its red. I was looking for the Dow to hit about 16,500. I know it jumped a good bit today but I don't think its hit bottom yet. But I've been wrong before.
Stock market lost 54% during the financial crisis. Over ninety % during the great depression. The tech wreck around 50% .If this drags on it will easily lose 50%
-3x short ETFs are an excellent way to convert your cash into someone else's gain. As an example, ERY energy short lost 47.65% yesterday. In one day.
Shorting is a double edged sword.
My $.02.