SP open down four percent. Russell down five
Putting in some outlandishly low bids, ya never know.
Nikkei, Aus All- ordinaries, Kospi all down 5+%
Wondering if it's time to lock in the losses that have already happened, in expectation of further massive drops... Just go to cash? Not the best strategy for inflation, though.
Every time there's a bear market, there's always the sentiment of "this time it's different." But THIS TIME it does seem legitimately different - idiots and /or Russian assets are in charge and destroying everything they can.
Anyone else just leaving their 401k to ride it out with the diversification strategy adopted pre-Trump?
Asian markets currently tanking. Trading halted.
100% agree.
Watching when Buffet gets back in (if that's announced or otherwise public knowledge) is smart money.
It seems to me that there's still some uncertainty whether, given the descent, Trump stands by his claim that tariffs won't go away until trade deficitis do. I can see him concocting some story that deficits are back in balance when, in reality, they're not (since that benchmark is mostly irrelevant and the American consumer is second to none). That would allow him to back off and limit the bloodbath. But I personally think he's going all in on this one, especially if the EU retaliates, which I think it will.
WTI fifty nine. Getting closer to fifty.
Last edited by 4matic; 04-07-2025 at 03:09 AM.
I was cash heavy before Trump (why take equity risks when there's low and risk-free yield out there?), and I was looking to buy a dip or even a downturn just to re-balance a bit but hesitating hard on the question of whether this time really is different. A bunch of the downside risks are legitimately unique here, with non-zero probabilities of a few outcomes which deny my ability to get any money back, maybe even including withdrawing cash from my broker/bank/CU.
Mark Cuban thinks best case is that some of the tariffs are abandoned Monday, maybe keeping 10% across the board (not great, still maybe the best realistic scenario). But consider: congress has the constitutional authority to create taxes. If the best case scenario is that the US Constitution no longer matters, what's the worst case scenario?
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Make efficiency rational again</p>
everybody gets Teslas
Rallying off overnight lows. I’m gonna cover msft and google at those lows, if we see them. Amzn is cheating me.
The question is, how do we finish the week?
Hot Take - markets close in positive territory today as White House announces glorious tariff deals throughout the day.
Charlie, here comes the deuce. And when you speak of me, speak well.
I sold all into cash at end of December 2024 and damn happy about it. I never trusted that a-hole to do the right thing
I think this week we see a lower low, 4600 at least,, some rallies, then start to bracket and digest this. Too soon to decided exactly what’s going on,
To my eye, the mkt is still has a lot of uncertainty in it, last value area we pause and bracketed in for any length of time was like sp 3700-4500, so we’re still above that.
I have over 10 years until can withdraw from 401k, so staying with almost all stocks. If I had access to computer, would move the couple percent money market into s&p. Due to income and property taxes this month, no cash for buying in brokerage account and don't want to pay taxes on any smaller profits.I'm hoping dons grip on power significantly decreases as they keep fucking up.
Sld 3/4 of vix positions, covered google and msft and Amazon, msft scalped $80, google $40, amzn fucked that up for scratch.
Added to intc and bought some Reddit.
Right after opening.
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So far my strategy has been to not even look at it. I dont want to know. My wife, on the other hand, decided to cash out some of her big losers last night.</p>
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The good news is employers arent going to have to worry about attrition because no one can retire now.</p>
Sold high beta TSLA 250p. Kept 200 and 150p pending April earnings
Sold VIX calls and UVIX. IV still very high to buy VIX puts
Started SPY debit spreads ie Buy 460P sell 400P
So far today, US markets aren't dropping as much as the premarket indications suggested they would. Not much of a silver lining, but it could be worse.
Don't even the most spineless of Republicans in Congress realize that if this continues, every Repub up for election in Nov 2026 is gonna lose?
Two yrs ago, the mkt was still 20% lower.
It was never real, This is nothing.
Not nothing is free
Two yrs ago, the mkt was still 20% lower.
It was never real, This is nothing.
nothing is free
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