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128
Is this the long awaited market crash? 🗣️ DISCUSSION 💬
posted 1 year ago by everticus 1 year ago by everticus +128 / -0

S&P futures down 2.5%, NASDAQ futures down almost 4.5%. BTC 6%. High flying stocks like Nvidia down 12%.

This is going to be a very expensive, painful and interesting day.

33 comments share
33 comments share save hide report block hide replies
Comments (33)
sorted by:
▲ 21 ▼
– NoCorruptFashion 21 points 1 year ago +21 / -0

market crash?

I think you spelt MOASS (Mother of All Short Squeezes) wrong.

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▲ 13 ▼
– libtards_r_stoopid 13 points 1 year ago +13 / -0

I think you spelled two more weeks wrong🤣

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▲ 6 ▼
– ILoveIvermectin 6 points 1 year ago +6 / -0

Two moar weeks eventually arrived.

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▲ 1 ▼
– Irishman4Trump6 1 point 1 year ago +1 / -0

Moar Popcorn extra salt please

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▲ 1 ▼
– eagledriver 1 point 1 year ago +1 / -0

One OR Both of you had better be prepared with a lot of Ky Jelly because it's going to be a screamer>>>>>>>😱😱😱😱😱😱😱😱 I tell ya'!!!!!!!

Sorry guys but it was too funny to not do it!!!!!!

Still LMAO!!!!!!!!!

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▲ 4 ▼
– N0rds 4 points 1 year ago +4 / -0

That's what I'm hoping. Gme squeeze is predicted to happen during the market crash.

Let's hope this is the big one

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▲ 9 ▼
– CokeOrPepe 9 points 1 year ago +9 / -0

So, you mean everything is going on sale? I'm buying stuff today!

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▲ 9 ▼
– TrumpTrollMaster 9 points 1 year ago +9 / -0

I hope so. I've been shorting the market for a long time!

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▲ 5 ▼
– deleted 5 points 1 year ago +5 / -0
▲ 9 ▼
– hothousecreekguy 9 points 1 year ago +9 / -0

No way the deepstate was gonna let it happen under Bidens watch but would love to let it happen under Trump….may get a little bumpy but Trump will get it under control.

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▲ 7 ▼
– SirBudLight 7 points 1 year ago +7 / -0

DeepSeek is here.

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▲ 5 ▼
– everticus [S] 5 points 1 year ago +5 / -0

I see AI and chip stocks falling out of bed. The rest not too bad.

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▲ 1 ▼
– Sacgsxr 1 point 1 year ago +1 / -0

Who knows. I don't trust reports coming out of China about the effectiveness of their AI. If true, it's great news as AI will be that much cheaper.

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▲ 7 ▼
– SirBudLight 7 points 1 year ago +7 / -0

Open source. We don't need Sam Altman.

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▲ 2 ▼
– ApeironPatriot 2 points 1 year ago +2 / -0

This is the way.

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▲ 1 ▼
– myQconcerns 1 point 1 year ago +1 / -0

You know that American users have used DeepSeek and can report on it, right?

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▲ 5 ▼
– Trump_astic 5 points 1 year ago +5 / -0

Use Nancy’s sell off as a crystal ball

https://www.foxbusiness.com/politics/nancy-pelosi-sells-nvidia-apple-buys-alphabet-amazon

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▲ 2 ▼
– glompywompy 2 points 1 year ago +2 / -0

You didn't even read the article lmao.

They sold call options for obscene profit, and doubled down and bought even more call options in the same company the next day.

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▲ 7 ▼
– Trump_astic 7 points 1 year ago +7 / -0

Last fall, Paul Pelosi sold over $500,000 in Visa stock ahead of a Justice Department antitrust suit against the credit card giant. Earlier last year, an analysis estimated that he made the couple nearly $4 million in a six-month period off of Nvidia call options he bought in November 2023.

This was more my point in posting the article.

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▲ 1 ▼
– glompywompy 1 point 1 year ago +1 / -0

Guess what, he bought more Nvidia call options.

It wasn't a "sell off". It was "take profits and reinvest with a later expiration date".

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▲ 2 ▼
– Irishman4Trump6 2 points 1 year ago +2 / -0

This☝🏻…remember you must read the OP article before leaving snark. It’s required on GAW or something like that - heard it from a MOD once

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▲ 5 ▼
– 50StateLandslide 5 points 1 year ago +5 / -0

When the Trump administration quits using the Keynesian economic bullshit that the federal government and the Federal Reserve have used to endlessly print money and inflate assets like stocks and real estate to the moon, you're going to see a pretty nice correction

Too early in the Administration for that to have occurred as Trump's fiscal policy hasn't had any time to actually work. Important to note that the stock market imploding is not some nightmare scenario for the average American anymore. The average American worker has no retirement savings, no assets, etc.

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▲ 1 ▼
– january20 1 point 1 year ago +1 / -0

What about those 401(k)'s ? Aren't there still plenty of those around?

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– 50StateLandslide 5 points 1 year ago +5 / -0

Absolutely. Numbers I've seen quoted online say that around half of Americans have 0 retirement savings at all, and the majority of Americans under 40 have less than 100k saved for retirement.

Obviously, losing 10-20k of retirement savings for most people would be bad, but the people who are reaping the most benefits from the hyperinflated market and assets are the corporations shoveling hundreds of millions of dollars into them

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▲ 1 ▼
– hunterscrackpipe1 1 point 1 year ago +1 / -0

I am waiting for the rug pull. We know it's coming, they'll do everything in their power to crash the economy and blame Trump and the republicans. It happens every time and a huge correction is needed. Housing is out of touch for the average income families. Things have to correct, especially at the debt levels this country is at and the current interest rate. I get that a slash and burn of government employees and expenses will help, but I am interested in seeing what Trump will do to correct it. I am surprised that the lamestream doesnt have the chyron going 24x7 with orange man bad - interest rates bad unemployment rate bad. Thinking the shock and awe of all the ass kicking Trump with EOs and such are delaying it.

You are correct on the average American. There's that study that shows a few years ago, 60% or so Americans couldn't afford a surprise $400 bill. I know it's been tough for us with the increases in car and home insurance, that damn near doubled on us, same with food and other costs. Millions are living on credit cards and those things are in the high 20% interest wise. Hell, my gas cards were low 30's interest rate and I am north of 800 credit rating wise, it's crazy. I am fortunate as we have very little revolving debt. Others that I know are not so luck. We need a crash to bring things back down to normal.

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▲ 4 ▼
– Fatality 4 points 1 year ago +4 / -0

so.. all those companies got inflated because of illegals, now shits hitting the fan, and it's going to cost them more to hire Citizens.

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▲ 3 ▼
– myQconcerns 3 points 1 year ago +3 / -0

No. It's tech stocks.

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▲ 3 ▼
– FlexPowerhouse 3 points 1 year ago +3 / -0

Nope. Another year or so. They going to lower rate and print like crazy. Crypto hasn't completed its cycle yet. Trump and Jerome set up a fake fight and nothing makes the federal reserve happier than being told to lower interest rates. Trump is the bankers favorite that's why thr bankers and corporations let Trump win this time.

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▲ 2 ▼
– 2224522 2 points 1 year ago +2 / -0

3% does not a market crash make.

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– everticus [S] 2 points 1 year ago +2 / -0

No, but it could be the start of something. It could also just give the market a breather to get ready for the next push higher. Time will tell.

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– RufusDawes 2 points 1 year ago +2 / -0

this is the start, the repricing of NVDA forward earnings due to deepseek will cause much more down

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▲ 1 ▼
– QuackQuack 1 point 1 year ago +1 / -0

From what I gather, if we get the long awaited crash it will be far more noticeable than today. Yes, stocks are down, but it's a long way from "crashing."

I've been in the crypto world for a while, and crashing usually looks like a short walk off a looong cliff. Stop losses keep getting triggered in successive waves, sending the price lower than anyone thought it could go. It gets real ugly, real fast.

I'm not sure what that's gonna look like in the world markets, but I expect more than single digit drops.

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▲ 1 ▼
– sethm85 1 point 1 year ago +1 / -0

No

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▲ 1 ▼
– orangetastic1 1 point 1 year ago +1 / -0

"...somebody told us Wall Street fell. But we were so poor that we couldn't tell..."

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