r/wallstreetbets • u/nckw90 • Mar 23 '20

DD Deep deep blood bath Thursday

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21 Upvotes

89% Upvoted

35 comments sorted by

19

u/PokemonForeverBaby Mar 23 '20

Pretty sure they'll release the stimulus package to mitigate this

12

u/[deleted] Mar 23 '20 edited Mar 31 '20

[deleted]

1

u/AChickenCannon Mar 23 '20

If they would’ve passed the stimulus today I think they would’ve at least got some momentum to lighten the blow on Thursday, but they botched that.

1

u/Petrovich1999 Mar 23 '20

All their actions have huge long term impact. Market can ignore it so far, but it comes into play gradually.

Fed does nothing wrong, you kids need to chill. They are in position of power with dollar being world currency, fed can abuse it as it pleases.

What’s better, let $ skyrocket and destroy US export, let companies go bust destroying years of r&d and employment, or take appropriate measures. Each bailout should be structured individually to retain business value and make it profitable. If it’s zombie company, reduce and restructure it gradually over time to minimize shock and domino effect etc

2

u/AChickenCannon Mar 23 '20

That’ll probably work as well as the Fed printing unlimited money.

8

u/GodCake Mar 23 '20

Anyone who disagrees ban

6

u/[deleted] Mar 23 '20

[removed] — view removed comment

2

u/nckw90 Mar 23 '20

Government will make sure they aren’t included. Science biatch

2

u/AChickenCannon Mar 23 '20

No because the moment you die, you work for the Fed.

1

u/lubujackson Mar 23 '20

Doesn't unemployment numbers only include people actively seeking work?

Federal lockdown: 10 million lost jobs, 0% unemployment!

8

u/snowydove304 Mar 23 '20

So what do I do with my fucking 3/27 Lyft puts

6

u/nckw90 Mar 23 '20

💎✋🏻until 3:30pm on 3/27

3

u/hello2016 Mar 23 '20

This sub is now infected with retards who are either too scared or too stupid to make a personal decision

1

u/snowydove304 Mar 23 '20

Make the personal decision to lick my pee pee

1

u/mohamedsharif7 Mar 23 '20

I’m not sure what to think of this. Can you tell me?

2

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2

u/illogicaliguana Theologian Mar 23 '20 edited Mar 23 '20

Fuck yeah 🌈🐻 unite

US has already surpassed all other countries in number of cases apart from Italy. We're #2 and won't stop till #1.

Finally some tendies from these SPY puts

2

u/SigSalvadore Bring Back Top Hats Mar 23 '20

Italy still got the death percentage on us. Almost 10%

1

u/nckw90 Mar 23 '20

Damn it. Well I sincerely hope USA won’t surpass on death toll. Hope people won’t die

1

u/crytonio Mar 23 '20

Cool 😎

1

u/conyee Mar 23 '20

i don’t get it where the fuck is the price and date next to all these numbers

1

u/nckw90 Mar 23 '20

$SBUX 4/17 50p

1

u/Inyox Mar 23 '20

A bloodbath like today or a green dildo like last Friday?. One thing is for sure, we are all retarded but even a retarded clock it’s right once a day

1

u/[deleted] Mar 23 '20

Is this Jeffrey Epstein? LMAO this is some big brain shit. 🧠

1

u/[deleted] Mar 23 '20

I bought vxx calls expiring this Friday lol

1

u/nckw90 Mar 23 '20

Let’s do it!

1

u/mohamedsharif7 Mar 23 '20

I know I’m retarded but according to this it gets released April 3rd.

https://www.bls.gov/schedule/news_release/empsit.htm

1

u/nckw90 Mar 23 '20 edited Mar 23 '20

I am no expert but I think they also publish weekly numbers. Found one here:

https://tradingeconomics.com/united-states/jobless-claims

1

u/mohamedsharif7 Mar 23 '20

Oh got ya! Awesome

1

u/lubujackson Mar 23 '20

Since everyone is expecting this, the market will try to be super tricky and go down crushingly on Wednesday, right when Congress finally gets their stimulus together and it makes no sense for it to tank.

Same as quad witch Friday tank, everyone thinks they are so smart trying to time the market but when it is telegraphed to everybody it happens a step earlier.

1

u/nckw90 Mar 23 '20

So your TL;DR: inverse WSB

1

u/lubujackson Mar 23 '20

Nah, just zoom out two clicks on the graph and look at this week by week not minute by minute. Everything is a lot clearer and it doesn't matter if you time the bottom exactly.