That is all.

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

Time to make those Costco and Weedman runs to stock up a bit.

_______________________________________

There's no component based in logic or fact aht can be undone by how some coked up trader feels at that moment.

------------


Gone: My Discogs collection for The Roots:
http://www.discogs.com/user/tomhayes-roots/collection

***********************************************************
https://soundcloud.com/swageyph/yph-die-with-me

Traders will do what they want based on how they feel.

Then the algorithms do their thing.

But it's ALL based on feelings when the market is this high.

------------


Gone: My Discogs collection for The Roots:
http://www.discogs.com/user/tomhayes-roots/collection

They're only as good as the people writing and using them, and it looks like they can mimic "coked up trader panic" quite well.

___________________
"So this is what everybody's always talking about! Diablo! If only I'd known. The beauty! The beauty!"

The Morey/NBA story was fodder...but it's crazy how entwined we are with China

---------------------------------------------------------------

If you can't understand it without an explanation

you can't understand it with an explanation

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

this before real effects start hitting

im about to fill my shoe boxes up with cash redman style.

It's looking like the Fed is going to step in and help prop things up

_______________________________________

It’s all over the place.

Feds cutting rates.

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

pretty much around the time when folks start seeing health systems collapse

d

the market is a fuckin unregulated casino as it is

I really hope I don't live much beyond 50 because this is bullshit.

They had to set trading limits to stop prices from crashing too much. It's getting crazy on these (Wall) streets.

https://finance.yahoo.com/news/rout-u-stock-futures-trigger-221631295.html

(Bloomberg) -- Waves of selling in U.S. stock index futures triggered Chicago Mercantile Exchange limits that prevent declines from surpassing 5% from a closing reference price, as the spreading coronavirus rattled investors and crude oil plunged.

E-mini futures on the S&P 500 Index sank 5% to 2,819 as of 8:05 p.m. in New York, hitting a limit triggered when the measure falls 5% from the price calculated in the last 30 seconds of trading Friday. The curb means the contract can’t trade at a lower price for the remainder of the overnight session, although transactions at or above the threshold are allowed.

“It allows cooler heads to prevail,” JJ Kinahan, chief market strategist at TD Ameritrade, said by phone. “Particularly in the overnight sessions it’s a good thing to have because you just don’t have as many products at work. This is one rule that it’s been so long since we have seen it, but it’s proved effective over time.”

_______________________________________

https://www.reuters.com/article/us-global-oil-idUSKBN20V131

_______________________________________

it's more terrifying than the coronavirus.

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

https://twitter.com/BreakingNews/status/1237008376737009665
-----
Dow opens down 1,800+ points Monday.

https://t.co/Rwfv4Z3jlL
-----


this shit is about to get rough.

went to open a new credit card earlier and got hit with a form 4506-t to help them verify my stated income matched my tax returns.

first time that has ever happened to me in life.

been reading on some financial/credit message boards that things are tightening up.

>https://twitter.com/BreakingNews/status/1237008376737009665
>-----
>Dow opens down 1,800+ points Monday.
>
>https://t.co/Rwfv4Z3jlL
>-----
>
>
>this shit is about to get rough.
>
>went to open a new credit card earlier and got hit with a form
>4506-t to help them verify my stated income matched my tax
>returns.
>
>first time that has ever happened to me in life.
>
>been reading on some financial/credit message boards that
>things are tightening up.

but this must be the absolute worst time to buy a car or a house, which I would think Trump and his staff would have to care deeply about since that's huge for the market, outside of the fluctuating stock market.

"Sean sparks like John Starks, nah, Sean ball like John Wall" - Rest In Power Forever Sean Price.

_______________________________________

aren't going to be tight in terms of lending their funds out due to the market being on shaky ground?

"Sean sparks like John Starks, nah, Sean ball like John Wall" - Rest In Power Forever Sean Price.

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

----------------------------------------

"Fuck aliens." © WarriorPoet415

some gangster timing for an oil war.

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

https://www.cnn.com/2020/03/09/business/oil-demand-coronavirus/index.html

to get people to buy gas?

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

Russia isn't an official part of OPEC, but pretty much affiliated.

OPEC said we are going to cut supply to boost prices. Russia said fuck that, we are tired of cutting production. You guys (OPEC) cut, but we're going to produce/sell what we damn well please.

Saudis said "aight... bet". So the Saudis/OPEC are going to flood the market to crush Russia's oil industry. Russia probably can't afford to extract oil at these low prices for very long. The Saudis can because it's cheaper to produce there.

So Russia is either going to come to the table begging. Or their oil industry will collapse and the Saudis will take their market share

_______________________________________

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

revolve around the fact that major US banks have a lot of highly leveraged money in US oil companies. Supposedly Russia is taking the opportunity (presented by the virus chaos) to drive down the price of oil to break those US banks, force bailouts and inflation in the US, and undermine the US Dollar's position as global reserve currency (which is key to how we were able to get through the last financial crisis).

It all sounds a little too "Putin scheme"-ey to take completely seriously, but the dynamics are very scary.

... holy shit, has this ever happened before??

< Live Mixshow - Thurs 11PM/EST >
https://twitch.tv/djchiefone

----Mixtape Archives-----
https://soundcloud.com/djchiefone

or was that when they made it possible to do it?

Pretty sure it’s been done since it’s implementation.

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

...this is looking like black monday '87 all over again ...i don't remember them doing this in '08 though.

< Live Mixshow - Thurs 11PM/EST >
https://twitch.tv/djchiefone

----Mixtape Archives-----
https://soundcloud.com/djchiefone

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

into the presidency.

I've been saying for the last 3 weeks that a recession, in addition to Trump really screwing up badly with Coronavirus is the only way Trump loses. That's looking more and more likely as of right now.

I'm not in the boat of rooting for him to screw up with the coronavirus situation. If that's the case, I'm hoping local/statewide officials will step up to the plate and serve folks as best as possible. I suppose only the Federal government can affect the stock markets to a great deal, so ultimately that will be in Trump and his cabinet's lap squarely.

Would be wild if Trump the Deal Maker gets undone by the economy though. The dude and his base are so outside the norm that I wouldn't be shocked if the stock market cratering won't matter to them come time to vote.

"Sean sparks like John Starks, nah, Sean ball like John Wall" - Rest In Power Forever Sean Price.

incapable of shutting up and letting the experts speak.

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

Wall Street speculation...

M4A, endorsed by coronavirus
Wall St tax, endorsed by stock market crash

But yeah, vote Biden.

---------------------------------------------------------------

If you can't understand it without an explanation

you can't understand it with an explanation

https://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13371498&mesg_id=13371498&page=#13371685

If trump is going to take credit for a good market, fuck him and let him take blame for it too.

�If a fat guy falls in the woods and there is no one around to see it, do the trees laugh?

That's the entire Republican game.

Something goes well - you did it.

Something goes wrong - someone else did it.

------------


Gone: My Discogs collection for The Roots:
http://www.discogs.com/user/tomhayes-roots/collection

I think it's best not to look at the stock market for a while lol. Shit is a wild roller coaster

_______________________________________

And how they shifter our money to 401ks by getting rid of pensions makes us completely vulnerable to these criminal financial people.

------------


Gone: My Discogs collection for The Roots:
http://www.discogs.com/user/tomhayes-roots/collection

get relegated to the fringes of politics

so they aren't relegated to the fringes.

---------------------------------------------------------------

If you can't understand it without an explanation

you can't understand it with an explanation

So you'd have to ask him who he was referring to.

I would certainly differ with his apparent characterization. Nobody has talked more about wall street corruption than Elizabeth Warren, and she's one of the most important voices in the party right now. The difference between a progressive like her and the "progressives" who get relegated to the fringes is that she takes the issues seriously and puts in the effort to understand how the system works and why.

Peace,

Spirit (Alan)
http://wutangbook.com

I assume T Reynolds was either talking about Bernie Sanders or Liz Warren.

As I've already said, I dispute the characterization if it refers to Warren.

Re Bernie: yeah, in a sense he is on the fringes. He gets a solid number of votes, and good for him. But nobody who knows him seems to take him seriously. And as I said in my first response here, I think it's because he doesn't take the issues seriously.

take a message

take a message

---------------------------------------------------------------

If you can't understand it without an explanation

you can't understand it with an explanation

25 years

I have an M1 Roth account and I need to delete the app. Shit is fugly


It was all good just 2 weeks ago.

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

_______________________________________

https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html

Trump implied he could fire Federal reserve chair Jay Powell yesterday. He was upset that Powell isn't pulling enough levers to boost up the stock market.

Today, Powell dropped a bomb and set rates to 0%.

Futures markets dropped immediately (Dow Jones down 1200 points right now).

All this did is freak people out because big surprise cuts like this don't happen. And it suggested that there is no political independence with our central bank

_______________________________________

I feel like I am experiencing this on a macro level because I have all these Boomers I work with and all they are doing is worried about the market. Shit I keep hearing my friends on the groupchat talking about how is the best way to take advantage of this market drop.

Meanwhile I am out buying CB radios, Life Straws and trying to get weapons and the stock market is the last thing on my mind.

There isn't a market solution to this problem. There is a science, public health and healthcare solution and all our leadership can do is worry about the Market. It is driving me nuts.



**********
"Everyone has a plan until you punch them in the face. Then they don't have a plan anymore." (c) Mike Tyson

"what's a leader if he isn't reluctant"

take responsibility

i can't wait until he blames Obama for this

_____________________
puttin' the roota in the toota since 98'

take responsibility

i can't wait until he blames Obama for this

_____________________
puttin' the roota in the toota since 98'

take responsibility

i can't wait until he blames Obama for this

_____________________
puttin' the roota in the toota since 98'

take responsibility

i can't wait until he blames Obama for this

_____________________
puttin' the roota in the toota since 98'

https://twitter.com/EamonJavers/status/1239545652398489601
-----
Dow opens, falls 2,250, immediately hits circuit breaker and shuts down again. Will reopen after 15 minute halt. Watch on @CNBC
-----

trump was just doing a victory lap after the stock rally on friday

https://twitter.com/thehill/status/1238970431601852419
https://twitter.com/Hedgeye/status/1238672419415560193

saying these stock plummets and some new manufacturing data are showing we need drastic intervention to avoid a possible depression (not just recession...which we are likely already in).

https://twitter.com/Mikel_Jollett/status/1239550454238830592
-----
The Dow is down *12%* so far this morning.

To put this in perspective, the Dow fell 20% in 2007-2008 because of the housing crisis. It took 7 months.

This happened in 35 minutes.

https://pbs.twimg.com/media/ETPEkR4VAAMZFwL?format=jpg&name=large
-----

drop nukes on it. nah

but put everyone (who is healthy and not susceptible) to work towards helping get rid of it. bump up production of ventilators and other supplies that are needed. have people help out in the care of the sick. preparing food, producing raw materials and parts for the above. basically what they did with the automotive industry to build tanks, do it for medical equipment.

i see some major french cologne/perfume company is switching their assembly lines over to making free hand sanitizer for their government.

we are gonna have to start doing shit like that.

------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

And it’s not being done on any scale.
Monday seems to be the day we’re all trying to plan based on military response and a functioning government would already have a scale and production plan in place.

------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

_____________________
puttin' the roota in the toota since 98'

people getting laid off? move them there. even if it is only to take care of menial tasks to free up the actual techs to get to their work.

You move the rock there first.

------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

peace & blessings,

x.

www.twitter.com/poetx

=========================================
I'm an advocate for working smarter, not harder. If you just
focus on working hard you end up making someone else rich and
not having much to show for it. (c) mad

About to feel the pain since production has prolly been halted or severely impacted by this virus.

Really wondering if this will impact the election.

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

begging, pleading, gnashing of teeth at China to supply us w/ mask and medical devices.


huge wake up call to bring those manufacturing supply jobs back to US, instead of standing in line behind France, Italy and every country.

take a message

Rest In Peace, Bad News Brown

... for 2 months... WTF.

How are people going to survive without income for two months? People could at least work in the recession.