Investing General Discussion

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Seananigans

Seananigans

Honorary Shit-PhD
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Gravel said:
It's weird people calling this "Japan's black Monday." Like words don't mean anything anymore.

Markets dropped over 20% in a day on Black Monday. And that's after a fucking brutal week before that.

6% Friday and 6% today is nothing.
Click to expand...

It's 9-11 times a thousand man, except digital! 6 million shareholders were brutally murdered.
 
  • 4Worf
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Burnem Wizfyre

Burnem Wizfyre

Log Wizard
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Its Over Losing Money GIF by BoDoggos
 
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Zog

Zog

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Anyone buying the dip tomorrow? Consensus seems to be buy the open and sell the rip. Retail fomos in and massive sell into close.

0dte Puts are gonna be way too expensive, calls should be damn near free risk.
 
Haus

Haus

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Bear Jesus brings you girthy red candles to light the darkness of your suffering...
1722829042839.png
 
  • 3Worf
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Haus

Haus

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Yeah, I look forward to the German markets and the EU in general... As dark news I will read when I wake up in the morning. Nikkei down over 14% since the close of market on July 31st. (3 trading days) Still a ways to go to reach a real "black monday" IMHO. But damn if Cramer didn't try to warn us....
 
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Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
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Sanrith Descartes said:
SPY sitting right at the 100-DMA looking to grab footing. Keep an eye on this today. You want a close (especially on a Friday) above the 100. Next stop would be $521 and then the 200-DMA at $500

View attachment 539433
Click to expand...
SPY looking to be sitting around that $521 level based on futures. $500 and the 200-DMA is only about another 4% away.
 
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