/biz/ - Business & Finance

>>27769643
Works the way it was designed to do

>>26652856

>>23865088
Why in the actual fuck there are still people out there shorting this market? You literally bet against world central banks, governments, and kikes like Rothschilds. Do you think your 5 thousand short will crash this multitrillion Goliaf? Just add on dips, that's all you need to do

BBBBBBBBBRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>>23643497
Nay. They are bleeding money. If we crash, I'm buying more tech, since QE goes into them

>>19678738
Haven't you been paying attention?
The DEPRESSION lasted six weeks, this CORRECTION will last a day.

>>19634142
STOCKS GO UP,

Covered call plays for this weeks earnings.
Ticker, Price, Rating, Strike, Premium as % of current price
PLAY 18.89, Bearish, 19.0C 12.4%
GME 4.14, Bearish, 4.5C 7.2%
CHWY 48.44, No rating, 48.5C 6.4%
PLCE 52.16, Bearish, 55.0C 5.7%

I think CHWY has the best upside, literally everyone is ordering for their pets from them.
PLAY has the biggest downside, they still aren't open and are basically still fucked.
GME who the fuck knows but keep this in mind: Short % of Float (May 15, 2020) = 251.30%

https://www.bls.gov/news.release/empsit.nr0.htm
>Total nonfarm payroll employment rose by 2.5 million in May, and the unemployment rate declined to 13.3 percent
>We magically gained 2.5 million jobs
Even analysts are confused how this is possible
>13.3% unemployment
BOOMING ECONOMY! BRIGHT FUTURE!

YES the economy is fucked and we are all going to get screwed, the new great depression.
HOWEVER the market only cares about free government money.So until the government stops spending, we will continue to balloon this clown market.

BULL BROS WHY ISNT SPY GOING PAST 296?????????

We are going to stair case down and you wont make any money from it because all the moves will be during pre market and close, lmao

>>18632244
He also said that economic data shouldn't affect your investment strategy. If anything, the stock market lags behind economic data. The 2008 crisis started in 2007. Every single road sign said "shits fucked yo" but nobody did anything until the last second and turns out, shit as really fucked. Priced in an forward looking are OBVIOUSLY wrong because then the "market" would "look forward" and "price in" these huge negative factors and not just collapse. The market is more like a game of chicken. Who buys first? Bull run! Who sells first? Crash it!

What's the end game of the clown market?
Will there ever be a returning to normal?

>>18593213
>99% market crash already priced in bro!
>Deal of the century bro!
>The tv money guy said so!

>>18589380
The business that thay work at doesn't have any money, it might not even exist anymore. Customers might spike the first week back, but then it will settle into a low customer flow as people don't have money to buy things anymore. Whos going to pay people to go to work when there are no customers? Its a spiral. People don't have money to spend because they don't have a job, and they don't have a job because nobody is spending money. This is the double edges sword of debt, it makes your booms bigger but your crashes deeper.

>RECORD UNEMPLOYMENT
>LARGEST DEBT CRISIS
>BONDS NEARLY WORTHLESS
>BUSINESSES GOING BANKRUPT
STOCK
ONLY
GO
UP

>>18521326
No, they are going to be bankrupt soon. Bezos mentioned something about buying them up but that would only really be bullish for AMZN. Best to stay away.

I love this market

all the fun is in stocks now, boomer. get with the times

Just FYI, all the rumors about a "cure/treatment" is FAKE NEWS. If there really was a treatment or cure, you think Trump wouldn't say anything? The man who would not stop talking about hydroxychlorquine? Its LITERAL Chinese propaganda,

>Trump economies are devastated!
>Market ALL TIME HIGH!

This video will explain how you think the stock market works.
https://www.youtube.com/watch?v=-adHRNYHbm0