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PinkLucy said:
I just saw a spin that it was a long game to expose China as a terrible place/country/govenment/something or other
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Going to be quite funny once Mexico begins ignoring the tariff talk and focuses on strengthening trade relations with China.

That being said, perhaps things get hotter along the US-Mexico border.

globalnews.ca

‘We are not subordinate’: Claudia Sheinbaum warns U.S. against drone-bombing Mexico - National | Globalnews.ca

This comes after a report claimed Trump's administration is considering drone strikes on drug cartels in Mexico to combat trafficking across the shared border.
globalnews.ca globalnews.ca
 
PinkLucy said:
I just saw a spin that it was a long game to expose China as a terrible place/country/govenment/something or other
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For all the problems China is, they didn't send the markets in a tail spin with unnecessary and dodgy tariffs out of spite and ignorance...

...and not to mention, your county's human rights records is now becoming as stained as theirs, Trump. Just saying.
 
Admiral Beez said:
People need to stay off of social media. My Facebook is essentially a family group chat. I have no Instagram or TikTok. Why does anyone feel the need to use social media as a soapbox?
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social media can be very addictive. They've structured it in a way that it gives folks a dopamine rush every time they use/check it. Younger folks are especially more susceptible to it.
 
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I'm not an expert on the stock market but I saw this graph posted on 𝕏 which suggests incontrovertible evidence of insider trading yesterday.

https://twitter.com/x/status/1910120891637186965

I saw a video of Trump in the Oval Office yesterday with two of his billionaire buddies. Pointing at them Trump boasted "this guy made $2.5 billion today and this guy made $700 million". Imagine being an American whose 401K has taken a hit this past week and seeing Trump openly flaunt his corruption.

More detailed evidence of insider trading (reminder: Trumps treasury secretary Howard Lutnick is the CEO of electronic trading firm Cantor-Fitzgerald) ....

https://twitter.com/x/status/1910033260975165836

And more! Had you invested $1,000 in a special kind of options call* minutes before Trump made his announcement that $1,000 would be worth an eye-watering $1,458,000! Let that sink in!

https://twitter.com/x/status/1910035061497540744

* An S&P 500 ETF is an exchange-traded fund that tracks the performance of the S&P 500 Index, which represents 500 of the largest publicly traded companies in the U.S. The $SPY is one of the most popular ETFs for the S&P 500, managed by State Street Global Advisors.

A 0DTE call refers to an options contract with zero days to expiration. These are options that expire on the same day they are traded. Traders use 0DTE calls to speculate on short-term price movements or hedge positions. When combined with an ETF like $SPY, these calls allow traders to bet on the immediate price movement of the S&P 500.

This strategy is high-risk and requires precise timing, as the value of 0DTE options diminishes rapidly
 
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EBT said:
I'm not an expert on the stock market but I saw this graph posted on 𝕏 which suggests incontrovertible evidence of insider trading yesterday.

https://twitter.com/x/status/1910120891637186965

I saw a video of Trump in the Oval Office yesterday with two of his billionaire buddies. Pointing at them Trump boasted "this guy made $2.5 billion today and this guy made $700 million". Imagine being an American whose 401K has taken a hit this past week and seeing Trump openly flaunt his corruption.

More detailed evidence of insider trading (reminder: Trumps treasury secretary Howard Lutnick is the CEO of electronic trading firm Cantor-Fitzgerald) ....

https://twitter.com/x/status/1910033260975165836

And more! Had you invested $1,000 in a special kind of options call* minutes before Trump made his announcement that $1,000 would be worth an eye-watering $1,458,000! Let that sink in!

https://twitter.com/x/status/1910035061497540744

* An S&P 500 ETF is an exchange-traded fund that tracks the performance of the S&P 500 Index, which represents 500 of the largest publicly traded companies in the U.S. The $SPY is one of the most popular ETFs for the S&P 500, managed by State Street Global Advisors.

A 0DTE call refers to an options contract with zero days to expiration. These are options that expire on the same day they are traded. Traders use 0DTE calls to speculate on short-term price movements or hedge positions. When combined with an ETF like $SPY, these calls allow traders to bet on the immediate price movement of the S&P 500.

This strategy is high-risk and requires precise timing, as the value of 0DTE options diminishes rapidly
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I argue that the vast majority of people don't play in the stock market and don't understand terms like 'options', 'shorting', 'call', etc. They may have investments or pensions managed by their bank, advisor or employer and, depending on what reporting they get - quarterly, annual, etc. won't really know how the turmoil has impacted them personally until they get that report and actually look at it.
 
lenaitch said:
I argue that the vast majority of people don't play in the stock market and don't understand terms like 'options', 'shorting', 'call', etc. They may have investments or pensions managed by their bank, advisor or employer and, depending on what reporting they get - quarterly, annual, etc. won't really know how the turmoil has impacted them personally until they get that report and actually look at it.
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And retirement mund managers are not (or at least should not) be playing heavily in shorting and such plays. You see the downside of the crazy market, but not the speculation on the rebound
 
EBT said:
I'm not an expert on the stock market but I saw this graph posted on 𝕏 which suggests incontrovertible evidence of insider trading yesterday.

https://twitter.com/x/status/1910120891637186965
Click to expand...

This one in particular is not quite insider trading, because that spike actually happened right when Trump tweeted (on his Trump Social network, not as big as twitter, but not private) "Now is a good time to buy!" which was 90 minutes before he made the public announcement about tariffs.

But there's no doubt that a lot of insiders made a ton of money this week trading on inside knowledge about what Trump would do next.
 
^Being above the law, immune from prosecution and all of that, nobody is going to be calling him out for it. /bleh
 
evandyk said:
This one in particular is not quite insider trading, because that spike actually happened right when Trump tweeted (on his Trump Social network, not as big as twitter, but not private) "Now is a good time to buy!" which was 90 minutes before he made the public announcement about tariffs.

But there's no doubt that a lot of insiders made a ton of money this week trading on inside knowledge about what Trump would do next.
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I have strong doubts that even Trump knows what he is going to do next.
 
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