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Dow Futures currently up 250

Posted on 3/30/20 at 12:40 am
Posted by Choctaw
Pumpin' Sunshine
Member since Jul 2007
77774 posts
Posted on 3/30/20 at 12:40 am
hopefully tomorrow has a good turn
Posted by YF12
Ottobaan
Member since Nov 2019
4451 posts
Posted on 3/30/20 at 12:52 am to
Hopefully all the people with puts on VXX, XLF, SPY, etc that are betting on this week ended in disaster get financially ruined
This post was edited on 3/30/20 at 12:53 am
Posted by MississippiLSUfan
Brookhaven
Member since Oct 2005
12499 posts
Posted on 3/30/20 at 1:16 am to
They’ll be ok if they didn’t bet the house.
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 3/30/20 at 1:17 am to
quote:

Hopefully all the people with puts on VXX, XLF, SPY, etc that are betting on this week ended in disaster get financially ruined


Not very capitalist of you now, is it?
Posted by YF12
Ottobaan
Member since Nov 2019
4451 posts
Posted on 3/30/20 at 1:23 am to
quote:

Not very capitalist of you now, is it?



Betting on totalitarian measures such as forced closure doesnt seem very capitalist to me

Unless we consider Cambodia a role model of capitalism
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 3/30/20 at 1:25 am to
That's exactly what it is. You think betting on stocks to rise on corporations that use slave labor in the 3rd world is somehow purer?

Money doesn't give a shite. If this country has taught you anything, it should be that. It's just the ugly side of capitalism that no one likes to talk about or admit exists.
This post was edited on 3/30/20 at 1:26 am
Posted by skinny domino
sebr
Member since Feb 2007
14329 posts
Posted on 3/30/20 at 3:23 am to
quote:

Dow Futures currently up 250

@ 3am currently down 191.
Posted by ljhog
Lake Jackson, Tx.
Member since Apr 2009
19054 posts
Posted on 3/30/20 at 4:00 am to
quote:

@ 3am currently down 191.

@ 4am down 41, but heading south
Posted by Skeezer
Member since Apr 2017
2296 posts
Posted on 3/30/20 at 4:10 am to
Nope
Posted by Little Trump
Florida
Member since Nov 2017
5817 posts
Posted on 3/30/20 at 4:16 am to
Market seems confused on how to take stimulus?

All over the place

Imo endless stimulus’(plural) will happen for foreseeable future and money needs to be in inflation proof assets

Real estate, gold, Bitcoin? Normally Wall St loves inflation but shut down(practically) markets may be unattractive eventually(even short term but more long term)

DC loves continuous stimulus raises as they’ll keep getting extra to make up for inflation and could put off or fix elections to make themselves semi permanent til vaccine discovered

We’re a Zimbabwe as is the world if this goes too long. Dollar printing can last only so long with endless stimulus(plural plural plural!!!)

Eating could be a problem in month or 2 if farms continue struggle producing
Posted by Skeezer
Member since Apr 2017
2296 posts
Posted on 3/30/20 at 4:30 am to
Because the stimulus is giant pile of garbage
Posted by Little Trump
Florida
Member since Nov 2017
5817 posts
Posted on 3/30/20 at 4:40 am to
quote:

by Skeezer
Because the stimulus is giant pile of garbage


Yep

Get yours while ya can but eventually inflation devours us all then we’re set up for Socialism or even much worse dictatorship

This minimally fast tracks us to Socialism potentially
Posted by Choctaw
Pumpin' Sunshine
Member since Jul 2007
77774 posts
Posted on 3/30/20 at 8:39 am to
back to about even
Posted by Bulldogblitz
In my house
Member since Dec 2018
26774 posts
Posted on 3/30/20 at 8:42 am to
Gotta drive the values up on the weekend in order to cash it out on monday morning.
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