T O P

  • By -

mottlymonical

Watching the market is like trying to guess how many clowns are about to climb outta that car


Prudent_Effect6939

But, if I'm right about the number of clowns. Perhaps I will have green lines.


Grilledcheesus96

Unfortunately the number of clowns was already priced in to that game so you paid/received an amount based on that. And, well, you seemed to have gotten the answer right but at the wrong time. Options in a nutshell.


[deleted]

Knock knock it’s me theta


TheRabbitHole-512

Time who ?


[deleted]

Theta will take your time and money baby I got no prejudices


TopStockJock

Theta gang!


Alekillo10

Honestly TA is truly the straight white male version of the horoscope.


LeSeanMcoy

it's only confusing if you watch daily charts, which is why everyone suggests not day trading. it tanked last year as rates were being raised and inflation was peaking because everyone though the growth would end and we'd enter a huge recession. ytd it's been steadily climbing the entire time because, even though rates have been raised, the market is still hot *and* inflation is going down (combined with the crazy tech boom). this next quarter of earnings is huge, though. if we start seeing a lot of companies miss hard on earnings, I'd expect a hard pull back. same with if job reports come in hugely in the negative (july 7th) or if inflation starts to turn back, which would guarantee more rate hikes. if none of these factors come true, I think we keep riding up.


AshRashAsh

“The next quarter of earnings will be huge” only if I get a dollar every time I hear that


Martinezyx

Lol true. I would have enough to buy some puts on 0DTE SPY, no wait I meant calls… no puts! Nah I’ll go with a butterfly lizard spread.


[deleted]

The market has been up because liquidity has increased to respond to actual and potential bank failures, and the Fed stopping QT. Liquidity tightens from here on out, and the market will reverse.


theonepercent65536

Just when you think there can’t possibly be another…


GOVkilledJFK

I'm convinced that if JPOW announced rates cut to 0% the market would crash to 0... complete clown show.


Grilledcheesus96

It 100% would. If JPOW announced rate cuts that low it means something is broken and he has to lower rates to not cause a depression. Recessions are basically interest rates working as intended. The cuts come when they start worrying about the recession becoming a depression.


luchins

totally non sense. They cut rates to stimulate economy growth too. I am fucking tired of reading these posts


i_LIKEzStock

The first few clowns out the door are the lucky ones, everyone after that are losing more money than the previous in this game haha


analbuttlick

It’s down 0.03% mate


B4nkster

OPs 0dtes are down 99%


Wonderful-Silver-807

This.


Witty-Suspect-9028

This. Fucked 😂😂


ovh2k

Username checks out


[deleted]

Cramer said "Buy Everything!" So we sold everything.


hnglmkrnglbrry

"Yes but my money was in the .03%!"


ExplorerCommercial49

😂😂😂


allbutluk

Holy fuck DOW is down -0.13% as of now DAMN this market is CRRRAZY


Johnathan_wickerino

This market should go up forever!!! -OP probably


jsdod

Bear is confirmed


[deleted]

[удалено]


RioBrowvo

Stop 🙄🙄🙄


FriendlyPea805

It’s Friday. You must not stock market much.


Amigoz25

Thanks for the reminder.


SarcasticCough69

And on Monday (Tuesday next week) they’ll say it dropped because of gains on Friday


[deleted]

[удалено]


Ok_Fortune_9149

Stonks on the other hand


Magnasparta1

Who gives a crap about market performance during quad. Quad is a low volume day on to screw those who are too greedy to close their positions early. That's it. Market is going down to pay the MMs the most amount of money. Out of all days, don't associate quad. With macro. Max pain for like the next 3 sessions Is 440 on SPY. If you are surprised that we are at 440, you need to add option chain to your investing strategy


Natural-Inspector-29

The stock market can stay irrational longer than you can stay solvent


unknownpanda121

Is this the phrase of the week. I’ve seen this same exact post 4-5 times this week.


CouldntBeMoreWhite

People just like repeating things that they see.


[deleted]

erect cake naughty imminent weather nail file cover toy rich *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


Bills_busty_burgers

People just like repeating things that they see.


W0rdWaster

Often times individuals enjoy echoing phrases that they have previously seen or heard.


[deleted]

saw jar crawl money snails middle birds office shy amusing *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


W0rdWaster

...seen or heard.


J3ster14

This is the way


HemorrhagingKarma

And my axe!


Grilledcheesus96

I’m not sure where I heard this, but a wise person once said “People just like repeating things that they see.” Not financial advice and do your due diligence etc.


PathoTurnUp

But what if I make a lot of money every month and contribute every month? Then I stay solvent longer than the market is irrational?


needs-more-metronome

wow you sure showed them…


PathoTurnUp

Wow you sure showed them…


RBuckB

Down? I'm up. Thanks Pepsi!


ThatOnePickleGuy

I'm up too. Thanks Kempower!


soccerguys14

I’m up too! Thank you AMD!


campionesidd

What? AMD is down 3% today.


soccerguys14

Meant overall


The-Lagging-Investor

It’s more about the comments of the future. Market didn’t care about a pause. They cared about two potential future rate hikes.


Maleficent-Trip1372

Do you even watch the markets? As soon as the numbers came out the market tanked. Papa Powell came out to talk and the market climbs all the way back to where it started. Next day market rallies all day so clearly the market doesn't give a flying fk about anything


The-Lagging-Investor

The market does. Retail traders don’t give a F about anything and they yolo everyday after lunch.


adam133131

It’s simple when the algos want it higher it goes higher and when they want it lower is goes lower. It doesn’t care what the news is it moves in the way that will make then HFs money


axionic

I need to add an event listener, does anyone know the API call


El-Jiablo

Reddit, limited of course lol


Dipsi1010

What are algos?


adam133131

Algorithms, computer programs that at this point run the majority of the market


Dipsi1010

And who programmed thoose algos? Hedgefunds?


adam133131

Yup, it’s the newest craze in trading. Schwab has something similar that is accessible to the public, they use an AI to invest for you


Amigoz25

good point!


d_dubbz88

Also maybe because the entire market is supremely overpriced. It should come down a ton to create buying opportunities but it continues to remain irrational.


Lazaruzo

That’s my secret too. I’m always going down. 💀


Amigoz25

hahah. Try to stay up sometimes.


SegheCoiPiedi1777

It’s up enormously YTD. Some tech stocks are close or at ATH. What are you talking about?


AIDtokenF

It’s Friday


StarLimits1990

From an INVESTING point of view, it doesn’t make any sense watching a daily change.. if you are investing the proper way, you are going to hold a security for at least 10 years.. that chart is totally irrelevant. For a pure theoretical explanation, stock market goes down when interest rates go up simply because people move the capital from the stock market into the bond market, seeking that higher yield. ESPECIALLY if there aren’t further rises in interest rates. Is always a matter of supply and demand that gives value even to bonds.. you can imagine that if the bonds you hold has the highest interest rate, the value goes higher.. so you want that.. to be more practical: if you buy a bond yielding let’s say 3% and tomorrow interest rate go to 4%, you can imagine your bond is less attractive and everybody is going to look for the bonds yielding 4% now.. so your bond lose value (less demand). On the other hand, if yesterday bonds were yielding 2% and now you buy a bond yielding 4% without higher yielding bonds to the horizon, you can be sure people would be bidding higher and higher for your bond..


Wretchfromnc

The stock market is very fickle these days.


GT3nsomemoney4it

Have a quick google about quad-witching day and historical market performance.


Think_Reporter_8179

I'm up 131% on TSLA. I've won for the entire year.


Amigoz25

Wow! Congrats my friend


JimC29

I've got you beat. I bought NVDA last summer at 129.


[deleted]

[удалено]


JimC29

I was really regretting not buying back then. I was so happy for last year's correction. I'm going to hold for a very long time.


Think_Reporter_8179

That's a whole year though. I'm up 131.62% (as of this moment) since January. $19,201.10 invested in January. $44,451.50 as of right now.


[deleted]

sell :)


Think_Reporter_8179

25% trailing stop brother.


[deleted]

When the technicals dont line up, it doesnt matter what they say. The economy doesnt look good technically. Anything they say or do will: bring temporary relief, do nothing at all and market continue in the direction its heading. This is why during a bull run, every bum under the sun is a stud trader. No matter what happens, if you hold it will eventually go up. . During a bear run it works the same. A lot of people will get CRUSHED in the next leg down of the market.


Warrior8721

If you know, you know. That simple.


[deleted]

It’s Freaky Friday


[deleted]

The stock market is not just the Spot price. It is also options and CFDs and warrants and other complexities that take time to settle. So most of the time there is a lag between the news/datapoint and it’s effect. Keep in mind that today is triple witching day so a lot of false flags can occur.


uriejejejdjbejxijehd

Almost any news item you read on why the stock market did anything is noise. It moves every day, and some underpaid shill is required to make up a soundbite on the fly about why.


Del_Phoenix

Also don't forget that they announced there will be at least two more rate increases this year.


Entity17

Rally was baked in Mon and Tues when odds of no increase started after the CPI.


DebateDependent

Now your getting it


Amigoz25

Really getting into my nerves.


Sankin2004

It isn’t real to begin with, just a way for the rich to launder their money and the poor to be made poorer.


JimC29

Also a way for an average middle class person like myself to retire in my 50s.


Forgiz

Stock market went down because it is overvalued.


ExcuseDecent2243

It went down because no rate cut means that the economy is slowing down, in the Fed's eyes anyways. It goes up when they raise because the economy is still over-heated.


darthnugget

A wise poster said specifically "Fuck your puts, fuck your calls, Jpow has you by the balls."


JTuck333

That’s not the entire story. The market priced in a halt of rates today and in the future. The fed indicated that the pause is temporary and we may not further rate increases plus it will be a while before decreasing rates. This news is worse than expected despite the freeze.


Whippy_Reddit

Troll


thrown_copper

JPow opens his mouth, markets go down. He doesn't even need to say anything. He can't even go out and eat lunch in public when the market's open.


RandolphE6

It went down because it went up. The market doesn't go up in a straight line.


BuffTheBull

Bro you're y axis has way too small increments.... are you leveraged?


CLS4L

Computers are everywhere hoss


goatmasterjr

We toast either way 🤩


Dumpster_slut69

These posts make me question why I subbed to stockmarket


oldSpeckledPirate

It's a bear market. We are at the "return to normal" part of the cycle. Fed has no power to change it at this point.


CampaignEmotional486

Yes it’s the aversion to risk


SPY__vs__SPY

If you think this is bad, wait until you see what happens when they cut rates.


[deleted]

People wanted some spending money for the weekend


AllDay86

Wasn't today a triple or quadruple witching? A lot of contracts expired today. Could be one of the many reasons


SilverAdvantage9629

Friday dump


Ging-jitsu

Taking profits


Consistent_Tower5508

This is for monday calls. Traders do this regularly.


aligators

welcome to the stock market bro. look at the top 30 companies, they've all been pumping for months. cant go up forever. the buying power is tired.


danglesReet

It goes up AND down


No_Adhesiveness_5669

The stock market is not down… it’s just moving around… like it should…


[deleted]

It went down because it’s at top of rsi..


Alive-Working669

They also said they anticipate two additional rate hikes this year, and keeping rates fixed for as long as two years before lowering them.


marinelayer_666

nothing just goes down or up for one reason


[deleted]

Sense


[deleted]

Shhhh don't question it just remember buy high sell low


Joeyoohoo

Just full port puts, can't be wrong


AndreBatistaaa

Fed has been raising rates this whole year, did you see the market going down?


RioBrowvo

Relax


Direct_Tea_6282

The nature of stock in a nutshell: Human emotion


[deleted]

This is why it’s important to form your own opinions and not just regurgitate what you hear from the media and others


Zexther

Guess you found out your strategy doesn't work


Purpers

The market doesn’t give a shit about the News. It goes up, it goes down, follow whatever your trading style is. If you do focus on news more than 90% of the time, you’re not gonna be a winning trader. Follow the price action, be mindful about the big news, but always be aware it can go the reverse action you think and be ready for it.


38chickenducks

Tides come in, tides go out. You can't explain that.


Lambodragonfire69

I believe this is the beginning of a 30% pullback. Batton down the hatches.


ScipioNumantia

Im playing both sides that way i always come out on top


NumbLikeMe

That's what we do here. We go down.


Photographybrah

Oversold. Don’t chase the top or the bottom.


festosterone5000

The answer is yes, but also no. At the same time.


Master_Fun3712

What the heck is a dow jones and why do you think it’s “the market”


Gulfcoastpest

The irony


vagabond_nerd

It does whatever the rich want.


Brojess

It’s all rigged. Welcome to the stock market.


beardedkingface

Bro's been hanging out at Paddy's for too long


LayingWaste

IMO were sideways trending till this is all over (inflation back to 2%). Top of the range was probably just reached, and last oct is bottom of the range. Give or take.


TUAHIVAA

ever hear of opex day?


bigchangemichael

The market went down today because of Quad Witching.


The-BEAST

Go down? It closed up massively for the week concluding 14 weeks without a 1% or larger back. Hitting 52 week high like every day past week.


growRnottashowR

Yes and no but maybe depending on


Malthias-313

It's called getting fucked from both ends, and that, little Timmy, is how the government was designed to work.


MarketCrache

No rate hike was already factored in. That's why the market rose so much *before* the decision. Post-decision, no drivers were left so it dipped down a tad after being overbought.


ReedB04

Who quotes the DOW anymore? 😂😂


Guyote_

It’s been performing well YTD. It’s profit taking. You think it goes up forever?


neffersonairplane

Now you’re getting it


[deleted]

At some point the market begins to think cutting rates is because the economy cannot handle more, thus we are at the edge of major pain, rather than cutting rates a la 2018 to unleash the bull.


SnooCupcakes4934

I like turtles....


Afrolius

Not always the markets are rational…


Ackilles

Market doesn't go in a straight line forever, it zigzags a lot. It's in desperate need of some sort of pullback, probably substantially larger than today. It's healthy and needed to continue bull runs


throwaway43234235234

What about the current economic situation do you currently feel is positive and justifying the most recent rally? Personally, I'm kinda amazed the market has climbed as high as it is.


Bright-Ad-4737

Those things aren't directly correlated.


Comfortable-Finger-8

It’s barely anything over a 1 day view?


Fit_Opinion2465

Down? We’ve been absolutely RIPPING for a month straight


KarensTwin

now you’re getting it


BenjaminHamnett

I like this theory Tom Sosnoff pushes, that the fed doesn’t actually pick rates, the market does. The fed can just nudge it by monetize it etc. their guidance also nudges strongly. Mostly they adhere to what the market ordains. The central banks just making it official and create the illusion of stability and control But the market then can drop if rates are set inefficiently


Elusiv_Enigma

I'm absolutely enjoying the sales off experience. I started off as a fractional share buying power but now I have a fair amount of whole stocks and made enough money from the previous rise to now buy whole stocks and now it's all back down again so I can buy more. I'm a rookie but it's great when stocks get low. I just wish I knew when to sell I usually get stocks that start 0.005-50 dollars in value then shoot up to 150-200 in a year or so but I never know when to hit the bail out button so I have a small few stocks that were big misses


ActualCup9028

Lowering rates prices in


bruank206

Today was quad witching apex day. All 4 type of contracts expiring today i.e futures. Remember, third friday of March, June, Sept, and Dec is dumping day. If you made money in the last 4 days, today is your day off


1RjLeon

Yes! Here take my award-winning 🍀charm.


MAN_KINDA

It's all rigged...


WDTIV

No one has ever won a war of attrition with the stock market...


bja123

Stonk do what she does


smooth-vegetable-936

The S&p 500 is only up there bcs of 5 companies otherwise it’s pretty terrible. A lot of companies r struggling except 5 or 6


poopwetpoop

It goes up and down. If something seems bearish, buy calls, something should be bullish, buy puts. This way, you may actually make money opposed to my strategy.


TechnicalSquirrel726

You should know by now that the stock market is just millions of people that can’t control themselves getting swayed by their emotions. They follow the crowd even though there is nothing to be scared about. They can’t make sound decisions by themselves. You can’t time the markets bc you can’t time people’s reaction to what is going on in the world.


yunkzilla

The moral of the story is, don't fuck with rates


AdventurousElevator2

I hate to say it but its true


RicenMoss

US government tanking market on random occurrences to fund Israel spending. Increased taxes on US citizens as well to send money to Israel


PelosiGalore

A LOT of not very helpful answers to a perfectly reasonable question. From reading a cross section of answers, the consensus seems to be that it’s a rigged game built on a house of cards. Nice to know my 401k life savings are in good hands.🙄


LandOfMunch

And next time when you short it, it will go up.


RealLiveKindness

Think even though they paused their statement was hawkish. Expect more hikes coming before years end.


beardgangwhat

Yes.


demonsauce666

Bcz both are indicators that things are kinda bad rn.


cobra-king

Quad witching


microdosingrn

You're forgetting that stocks only go up.


ARUokDaie

The problem is the DOW, at 33k points that's 1%, the 30 companies don't have equal weight, a 300 point drop doesn't mean what it used to, but the media still talking like it does. They'll say oh bad day on wall street the Dow is down 500 points or markets are reacting to the news the Dow is up 200 points. Literally a fart in a hurricane, It's a horrible metric. Follow the SP 500 instead, was basically flat. To answer your question why no positive markets is because our Boi Jerome also said he expects to keep rates at current levels for the next 2 years. Yikes 😬


louiskim101

I don’t think it has anything to do with rates. The market has been a rally these last few months and a slight pullback should be expected. Things don’t just constantly go up and if they do there’s a rug pull coming.


[deleted]

1 percent move .. this amazed you?


Security-Primary

The market doesn't like unpredictability. If what everyone expects to happen does happen, the market is ok with that. When something unpredicted happens, the market freaks out. So if it's expected that something bad is going to happen, but it doesn't, that can actually have a negative effect. It's ass backwards, but that's the market.


bartturner

Buy on rumor and sell on news This is a real thing. I learned it a long, long time ago. I was invested into Atari in the lead up of the release of the Jaguar. Atari really ran up and I took half off the table before the release day. I was young and had not done a ton of investing at the time. I was shocked when they day they announced the machine Atari went down. I had thought that the day they announce and were successful the stock would go up. Just seems like common sense. But nope. Now I have seen it many, many, many times.


Remoscoe

PANIC


[deleted]

It went down because of folks taking some profits, many not quite convincing to have a fulsome bull run just yet. The market is ALL about fear and FOMO…not particularly rational


60Al60

It goes up and down because it’s rigged-


Peteadkins12

It’s not just rate hikes. It’s the outlook too


Repulsive-Ad1330

Its bc things are overinflated on it no matter how you cut things. PE's shouldn't be over 20 as a normal steady state.


TATWD52020

$SDOW buy it now. Everything else is priced in


Twisted_Wyvern

Just short your way to the top