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stock market crash?
posted in Off Topic
61
#61
4 Frags +
siyodid anyone trade in anticipation of today? i bought mine a bit too early prior to market close yesterday, but i had $10k worth of 1DTE $QQQ puts. made it out with a good amount of profit

probably going to move my investment into long puts on $TSLQ or $SPY in anticipation of retaliatory tariffs

i also moved my retirement into money market--albeit a bit too late but just in time prior to today

imo, seems unwise to put your buying power in any dollar related assets, especially those that are backed by a gov thats most likely in death debt spiral. also inflation is about to hit and money markets will return at a lower rate than inflation progresses.

[quote=siyo]did anyone trade in anticipation of today? i bought mine a bit too early prior to market close yesterday, but i had $10k worth of 1DTE $QQQ puts. made it out with a good amount of profit

probably going to move my investment into long puts on $TSLQ or $SPY in anticipation of retaliatory tariffs

i also moved my retirement into money market--albeit a bit too late but just in time prior to today[/quote]

imo, seems unwise to put your buying power in any dollar related assets, especially those that are backed by a gov thats most likely in death debt spiral. also inflation is about to hit and money markets will return at a lower rate than inflation progresses.
62
#62
Fireside Casts
1 Frags +
extracrispysiyodid anyone trade in anticipation of today? i bought mine a bit too early prior to market close yesterday, but i had $10k worth of 1DTE $QQQ puts. made it out with a good amount of profit

probably going to move my investment into long puts on $TSLQ or $SPY in anticipation of retaliatory tariffs

i also moved my retirement into money market--albeit a bit too late but just in time prior to today

imo, seems unwise to put your buying power in any dollar related assets, especially those that are backed by a gov thats most likely in death debt spiral. also inflation is about to hit and money markets will return at a lower rate than inflation progresses.

yea, best move atm is probably to move from money market to bonds atm. but for the next few weeks, i’ll wait on making that move. i’m going to wait and see just how much the market dips further at the moment because i’m looking to see just how far we’re going to drill. i’m also starting to ramp up my contributions to my 403b & 457b in preparation of the following months. looking at the buy orders today was all retail. didn’t see any institutional buying.

tomorrow’s unemployment report won’t fully capture the true extent of the tariffs/short term economic impact that is yet to come, so i’m expecting much more red and am loading up on powder and hedging with long term puts to maximize profits

the tariffs seem to be calculated based on trade deficit--which makes it even more appalling as it doesn't really consider the buying power of countries that were listed like cambodia/vietnam. the market still has yet to factor in retaliatory tariffs from what seems to be a united front between japan/south korea/japan (wow who would have thought those three countries would get together). then you still have the rest of the world announcing preparation of retaliatory tariffs unless the ones in place are rescinded. hate to be a doom and gloom guy but with small cap now entering a bear market i can see SPY/DOW going down a lot more than today

[quote=extracrispy][quote=siyo]did anyone trade in anticipation of today? i bought mine a bit too early prior to market close yesterday, but i had $10k worth of 1DTE $QQQ puts. made it out with a good amount of profit

probably going to move my investment into long puts on $TSLQ or $SPY in anticipation of retaliatory tariffs

i also moved my retirement into money market--albeit a bit too late but just in time prior to today[/quote]

imo, seems unwise to put your buying power in any dollar related assets, especially those that are backed by a gov thats most likely in death debt spiral. also inflation is about to hit and money markets will return at a lower rate than inflation progresses.[/quote]

yea, best move atm is probably to move from money market to bonds atm. but for the next few weeks, i’ll wait on making that move. i’m going to wait and see just how much the market dips further at the moment because i’m looking to see just how far we’re going to drill. i’m also starting to ramp up my contributions to my 403b & 457b in preparation of the following months. looking at the buy orders today was all retail. didn’t see any institutional buying.

tomorrow’s unemployment report won’t fully capture the true extent of the tariffs/short term economic impact that is yet to come, so i’m expecting much more red and am loading up on powder and hedging with long term puts to maximize profits

the tariffs seem to be calculated based on trade deficit--which makes it even more appalling as it doesn't really consider the buying power of countries that were listed like cambodia/vietnam. the market still has yet to factor in retaliatory tariffs from what seems to be a united front between japan/south korea/japan (wow who would have thought those three countries would get together). then you still have the rest of the world announcing preparation of retaliatory tariffs unless the ones in place are rescinded. hate to be a doom and gloom guy but with small cap now entering a bear market i can see SPY/DOW going down a lot more than today
63
#63
12 Frags +

fuck everyone who has any money

fuck everyone who has any money
64
#64
Fireside Casts
3 Frags +

today was a rollercoaster

today was a rollercoaster
65
#65
1 Frags +
siyodid anyone trade in anticipation of today? i bought mine a bit too early prior to market close yesterday, but i had $10k worth of 1DTE $QQQ puts. made it out with a good amount of profit

probably going to move my investment into long puts on $TSLQ or $SPY in anticipation of retaliatory tariffs

i also moved my retirement into money market--albeit a bit too late but just in time prior to today

very ballsy

[quote=siyo]did anyone trade in anticipation of today? i bought mine a bit too early prior to market close yesterday, but i had $10k worth of 1DTE $QQQ puts. made it out with a good amount of profit

probably going to move my investment into long puts on $TSLQ or $SPY in anticipation of retaliatory tariffs

i also moved my retirement into money market--albeit a bit too late but just in time prior to today[/quote]

very ballsy
66
#66
-1 Frags +

too much winning...

too much winning...
67
#67
0 Frags +

why is everything going to shit right when im about to go to college

why is everything going to shit right when im about to go to college
68
#68
1 Frags +
StylaxGreat time to buy the S and P 500 at a cheap price and hold it for 30 years. Basically your pension.

This post does not represent financial advice...

And again

[quote=Stylax]Great time to buy the S and P 500 at a cheap price and hold it for 30 years. Basically your pension.

This post does not represent financial advice...[/quote]

And again
69
#69
Fireside Casts
4 Frags +
griffsiyodid anyone trade in anticipation of today? i bought mine a bit too early prior to market close yesterday, but i had $10k worth of 1DTE $QQQ puts. made it out with a good amount of profit

probably going to move my investment into long puts on $TSLQ or $SPY in anticipation of retaliatory tariffs

i also moved my retirement into money market--albeit a bit too late but just in time prior to today

very ballsy

i exited about 75% of my position after today though. i didnt expect the drop to be this fast so now i’m slightly worried. i was able to 5x my initial investment and im letting the rest ride for now

[quote=griff][quote=siyo]did anyone trade in anticipation of today? i bought mine a bit too early prior to market close yesterday, but i had $10k worth of 1DTE $QQQ puts. made it out with a good amount of profit

probably going to move my investment into long puts on $TSLQ or $SPY in anticipation of retaliatory tariffs

i also moved my retirement into money market--albeit a bit too late but just in time prior to today[/quote]

very ballsy[/quote]

i exited about 75% of my position after today though. i didnt expect the drop to be this fast so now i’m slightly worried. i was able to 5x my initial investment and im letting the rest ride for now
70
#70
0 Frags +

Can I have 5 racks please

Can I have 5 racks please
71
#71
5 Frags +
Prime-Sanitywhy is everything going to shit right when im about to go to college

It could be way worse, you could just be graduating right now. You're going to have loans which suck but you're gonna have like 4 years of relative stability to ride out what's coming instead of fighting for a job in the middle of a recession. Hopefully when you graduate things will have improved.

[quote=Prime-Sanity]why is everything going to shit right when im about to go to college[/quote]

It could be way worse, you could just be graduating right now. You're going to have loans which suck but you're gonna have like 4 years of relative stability to ride out what's coming instead of fighting for a job in the middle of a recession. Hopefully when you graduate things will have improved.
72
#72
3 Frags +

I'm graduating in a month :(

I'm graduating in a month :(
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