Misc Stock Market

[severestorm]

Wow I'm glad I didn't buy a home yet! Next year's budget proposal will eliminate the 1031 exchange.

 

[KyloG]

Banks in free fall...someone know something? Credit/defaults ?

 

[KyloG]

SPY engulfed yesterday's candle...last year the market would have waterfalled down hard....this year, we get late day dip buyers to keep things afloat. Or is today different....

 

[severestorm]

Banks in free fall...someone know something? Credit/defaults ?

View attachment 134121

Wow!

 

[severestorm]

 

[KyloG]

This is why I haven't been trading very much...just an awful day. They gapped it up...pushed it above yesterdays high for several hours this morning and then the wheels came off. This is about as bearish a chart as you can get but with jobs #'s tomorrow they are in full screw everyone mode so who knows.

 

[KyloG]

NVDA with a nasty rising wedge...they walked it down to the trendline support. A big gap down would make sense...they aren't going to let people just gracefully stop out, they could trap a lot of longs tomorrow if a big gap down occurs.

 

[Storm5]

Absolutely insane


Sent from my iPhone using Tapatalk

 

[severestorm]

Wow!

Silicon Valley Bank, $SIVB, CEO has said to investors: "stay calm and don’t panic"

 

[KyloG]

Wow!

The more I read about the more concerned I am getting. ?

This is/was a solid bank. Just how vulnerable are the others. Stuff like this tends to get drag on the big dogs too.

 

[severestorm]

The more I read about the more concerned I am getting. ?

This is/was a solid bank. Just how vulnerable are the others. Stuff like this tends to get drag on the big dogs too.

View attachment 134139

lower now

 

[severestorm]

Wow Vanguard getting hammered!

 

[Broken024]

Yikes

 

[Jimmy Hypocracy]

YikesView attachment 134150

Have mercy

 

[Rain Cold]

Crisis averted. Shocking, I say

 

[severestorm]

 

[ForsythSnow]

YikesView attachment 134150

Pre market below 40 now, pretty insane collapse of the price in the last 48 hours total being 265 to 39.

 

[Broken024]

Pre market below 40 now, pretty insane collapse of the price in the last 48 hours total being 265 to 39.

Maybe we can all gather a couple dollars each and buy a bank.

Silicon Valley Bank fails to find buyer as run on bank outpaced sale process

SVB is a major bank for venture-backed companies, and cited cash burn from clients as one reason it was looking to raise additional capital.

www.cnbc.com

 

[Broken024]

Just bought 20 XLF $32 puts for .16 expiring today. Probably pissing away money but whatever.

 

[Broken024]

Just bought 20 XLF $32 puts for .16 expiring today. Probably pissing away money but whatever.

Sold them 30 seconds later for $200 profit. Jimmy style.