Stock market on fire

[sobo]

Nasdaq today ....

I don't even wanna look.
I'm down ~$25,000 just since the end of last month. Down $43,000+ since the end of last year, and still cratering.
Let's go, Brandon!

 

[CountryGent]

I don't even wanna look.

Right there with you.

 

[albin25]

Dam Dems…

My wife will be retiring sometime this year (I "retired" 30 years ago). We will have a retirement income double our current without touching the nest egg until we're 100….
…. I'm thinking she should work a couple more years
(On second thought…. She'd probably kill me!)

 

[bolus]

Its like playing jenga except you use grenades

 

[sobo]

We will have a retirement income double our current without touching the nest egg until we're 100….

Looking to adopt a big kid...??? I'm totally potty-trained, bottle-broke, and come with my own guns n' ammo...

 

[Defense Minister]

Does "Stock market on fire" mean it's burning to the ground??? The balances in my retirement accounts seem to think so, and the sooner we end Bidenomics the better!

 

[jblake00]

The markets really haven't even begun to fall yet. The world is so tightly wound that every little problem looks 100x bigger then it should be because everyone's nerves are shot! I'm in the camp that a major downturn/cycle is coming within 3-16 months, and am really wondering what kind of society we will have at that point.

 

[ma96782]

China-United States Negotiate An Audit Deal to Avoid Delistings: Reuters - iShares China Large-Cap ETF (ARCA:FXI)

According to sources familiar with the matter, China and U.S. regulators are discussing operational details of an audit deal that Beijing intends to sign this year, in the latest attempt to keep Chinese companies listed on U.S.

www.benzinga.com

And BTW.......

Warren Buffett gives his most expansive explanation for why he doesn't believe in bitcoin

Despite a shift in public perception about the cryptocurrency, Buffett still wouldn't buy bitcoin.

www.cnbc.com

Aloha, Mark

PS.....I'm NOT calling the bottom. But YES, I bought some stocks today.

 

[arakboss]

Does "Stock market on fire" mean it's burning to the ground??? The balances in my retirement accounts seem to think so, and the sooner we end Bidenomics the better!

You were suppose to sell at the high then rebuy at the low.

 

[sobo]

You were suppose to sell at the high then rebuy at the low.

Is that how it's s'posed to work?
No wonder I've been doing so shiity...

 

[Bam]

Looks like we had a little rally around 1PM exchange time today, otherwise everything was pretty flat.

Waiting for that wonderful Fed rate news....

 

[Bam]

It's crazy how easy the big guys can easily manipulate the market.

There was a big push at 11:30 exchange time today. funny how different companies saw the same up swing and level off.

 

[bolus]

It's crazy how easy the big guys can easily manipulate the market.

There was a big push at 11:30 exchange time today. I find it funny how different companies

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Gary Gensler (the sloth running the SEC ) said that 95% of retail trades dont hit a lit market.

If you order at a broker then the broker can
1. Credit your account but fail to actually buy a share
2. internalize the order by giving you one of their shares and waiting for you to sell it later, therefore never needing to find an actual seller
3. Send your order to a darkpool so they can manipulate price (if they want the price to go down they darkpool your buy but put your sell on the lit market making the price go down since only sells are affecting the price )
4. Do all their business afterhours where retail does not get a chance.
5. Payment for order flow is a multibillion dollar business

You add that FTD's are ignored, naked shorts are ignored, hiding FTD's in swaps are ignored (unless you lose the bank money) the markets are completely fraudulant.

The SEC is bought, FINRA is just a club of banks and works for them, the DTCC even quit doing their independent audits.

Its all fraud. Why would we keep using cash if counterfeits where considered the same value as real dollars? we wouldnt, it would be worthless. But here we are putting counterfiets into our retirement plans

 

[bolus]

Fed raises rates and the market goes up?

my prediction:

*not investment advice

 

[Bam]

Looks like everyone had second thoughts and changed their minds this morning.

Funny how Mullen is the one hot stock today.

 

[arakboss]

If you didn't short the market, you're getting spanked.

 

[bolus]

Fed raises rates and the market goes up?

my prediction:

*not investment advice

was that a rug pull or was that a rug pull?

 

[The Heretic]

Looks like everyone had second thoughts and changed their minds this morning.

Lots of volatility

 

[SonicBlue03]

Gonna be that way for a while.
I was excited when AMZN dropped to 2500 so I could buy a few in advance of the 20-1. Of course looking today just made me irritated, but I'm long on the market still anyway. I survived and thrived after 08, and I expect the same over the next two-three.

 

[ma96782]

Yesterday.......then today 5-5-2022.

OMG, what a ride!

Aloha, Mark