Conversation

Wow. Something just happened in the stock market.

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@jerry Not sure where that sudden increase of nearly 1500 points came from. Looking for the news.

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@jerry it's continuing to happen :/

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@jerry That was an insane turn around, some indices turned green from deep red in seconds

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@jerry a tariff pause seems likely but also just demonstrates the problem and chaos that will prevent any of the investment claims he wants. Only a fool builds on shifting sands.

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@feld @cepheuskb @jerry That or a false rumor. And now it is down again.

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cremevaxπŸ‘©πŸ»β€πŸ’»πŸ³οΈβ€πŸŒˆβ€‹πŸ‡¨πŸ‡¦πŸ‡ΊπŸ‡¦

@jerry update: something else just happened in the stock market

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@cremevax WH just said the 90 pause was an unfounded rumor

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cremevaxπŸ‘©πŸ»β€πŸ’»πŸ³οΈβ€πŸŒˆβ€‹πŸ‡¨πŸ‡¦πŸ‡ΊπŸ‡¦

@jerry I can’t believe people are still falling for twitter hoaxes like that

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π™³πšŠπš’πš•πš’ π™΅πš’πšœπš‘πš πš›πšŠπš™

@jerry

Apparently the source...

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@jerry Noo! Wait, my monthly dollar cost average purchase hasn't happened yet! Sigh. :)

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@jerry

Why would Biden do this.

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@rk @jerry why would a bunch of rich old people do this? in translation

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@cremevax @jerry its easy to get autotraders to fall for stuff like that, remember the eli lilly thing
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@Rairii @cremevax the source this time wasn’t X, but Trump’s economic advisor on Fox News

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Back up we go again. This is the wildest trading day I’ve ever seen.

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@jerry I think the suspense and doom are over since trump is willing to wheel and deal - the mkt needed to be corrected anyways - bubbles, p/e ratios ai fever

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cremevaxπŸ‘©πŸ»β€πŸ’»πŸ³οΈβ€πŸŒˆβ€‹πŸ‡¨πŸ‡¦πŸ‡ΊπŸ‡¦

@jerry @Rairii as reported by some twitter user named β€œWalter Bloomberg” who says Reuters is the source of the quote, which no one can verify.

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cremevaxπŸ‘©πŸ»β€πŸ’»πŸ³οΈβ€πŸŒˆβ€‹πŸ‡¨πŸ‡¦πŸ‡ΊπŸ‡¦

@jerry @Rairii but, the tweet was in ALL CAPS, so by the power invested in me by social media, I declare this: factcheck βœ…

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@jerry Markets reacting to social media posts is the hell we deserve

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@JustTooOdd @jerry Buy on rumor, sell on news. Now the cycle is in milliseconds instead of hours.

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@jerry I highly suspect that there's a large number of people thinking they're buying "the dip", when they're actually buying the cliff.

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@jerry

Any impact on Insurance?

Wondering is this debacle counts as Force Majoure in contracts or for business interruption/uninsured losses? πŸ˜•

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@jerry

i sense a great disturbance in the market, as if millions of brokers cried out in terror and sold in a panic.

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@jerry Did the global stock market just now also spontaneously combust into flames while falling into the abyss?

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@simonzerafa I very much doubt that counts. This is why the sophisticated investors use options to hedge their positions

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@jerry @simonzerafa nobody is really super sophisticated though, jim simons is dead

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Today’s trading should remove any inkling of doubt that the stock market downturn is a direct result of Trump’s tariff bender

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@jerry it could be a good thing, in the long term trump will be an afterthought - more than likely

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@rk @jerry Biden just does what Obama tells him to do.* ablobcatpeekbreadfast

  • Allegedly
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@rallias @sk3w @jerry That sucks. It makes sense if the rally is singled on a single stock. But this rally is pretty universal.

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@wonkothesane @jerry Read that to mean another lucrative daytrading buy/sell in 90 days.

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@wonkothesane @jerry Read that to mean another lucrative daytrading buy/sell in 90 days.

I'm beginning to think Trump's constant flip flop is greatly boosting his and his friends' stock portfolios.

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@Viss @jerry

today has been so weird. the WH calling something fake news that actually is fake news. the chinese embassy using reagan's speech on trade to school a GOP president screwing up trade.

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@paul_ipv6 @jerry yeah i.went deep into sqqq lastnight, then that fake news happened. pants were shat

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@ksaj @sk3w @jerry I mean, VIXY is the ETF that tracks VIX, the volatility index future. There was enough volatility in THAT to cause a circuit breaker halt.

I mostly pointed it out because that falls under "holy fucking shit".

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@rallias @sk3w @jerry They're gonna have to halt it every time Donald speaks these days. lol

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