Market continues to crash

[AuraKUPO]

betting on rate cute on june 18

You never tune in to Powell speech yesterday?

 

[lowveld]

You never tune in to Powell speech yesterday?

What did he say?

 

[AuraKUPO]

What did he say?

Zero rate is not coming back so soon. Still no plan to make decision yet because of the tariffs. But will come up with a different framework to tackle the current situation.

Meaning, the trump tariffs has put them in difficult situation but the new framework will provide the guidance moving forward.

Meaning there should be more rate cuts while ignoring the economy data.

 

[cyke69sg]

Zero rate is not coming back so soon. Still no plan to make decision yet because of the tariffs. But will come up with a different framework to tackle the current situation.

Meaning, the trump tariffs has put them in difficult situation but the new framework will provide the guidance moving forward.

Meaning there should be more rate cuts while ignoring the economy data.

Bro we are at the 5900 resistance level now. Pull back imminent?

Looks like there are quite a number of big name bets on shorts and puts like Michael Burry.

Seems like majority are bearish.

 

[cyke69sg]

I don't hold individual stocks now. But I heard people are selling at 150. I don't know, looking at how things goes now, AI stocks will chiong for the entire year. You draw your own charts and read the stars for NVDA.

Bitcoin? Strategy?

 

[LoUsyGamER]

Tonight market will chiong again, don't say I didn't share. There is no reason to drop now, market sentiment is all time high now, money just keep pouring in. 4 day big up 6%, 1 day small stop 0.10%. jip!

You are trying a bit too hard.

Will you repeat this day until market shakes a bit then change your position?

 

[Mephist0pheLes]

Bro we are at the 5900 resistance level now. Pull back imminent?

Looks like there are quite a number of big name bets on shorts and puts like Michael Burry.

Seems like majority are bearish.

Michael Burry is just a joke that happen to be right once gambling his clients' money. he has been bearish for the last 15 years.

 

[AuraKUPO]

Bro we are at the 5900 resistance level now. Pull back imminent?

Looks like there are quite a number of big name bets on shorts and puts like Michael Burry.

Seems like majority are bearish.

Everyday market just want to chiong higher high. There will be a small red days, but won't have pullback or crash or revisit April's low.

Why? Because institute money is pouring in. Any time the price drop, those who are still waiting at the sideline will take the opportunity to jip, and pump the price higher. A lot of institutes are still hoarding cash waiting for the crash that never come.

 

[Jirachi]

betting on rate cute on june 18

Not really. It's only 8.2% chance of a 25bps cut at time of this post

 

[Jirachi]

Bro we are at the 5900 resistance level now. Pull back imminent?

Looks like there are quite a number of big name bets on shorts and puts like Michael Burry.

Seems like majority are bearish.

Who is he?

 

[Ahemahem]

Who is he?

the big short

 

[Jirachi]

Michael Burry is just a joke that happen to be right once gambling his clients' money. he has been bearish for the last 15 years.

He predicted 12414145 of the last 2 crashes in the last 5 years.

 

[AuraKUPO]

Bitcoin? Strategy?

I don't even look at crypto bro. I don't look at China stocks too. I have my rules and these 2 are forbidden from my portfolio and strategies

 

[Jirachi]

the big short

Who? Never heard before? Is this person even relevant?

 

[AuraKUPO]

You are trying a bit too hard.

Will you repeat this day until market shakes a bit then change your position?

News are out for you to see. Charts are the for you to plot, stars are up there everyday even after we die.

If you don't do your own home work, then you deserve to lose money or lose our becoming a millionaire.

 

[cyke69sg]

Michael Burry is just a joke that happen to be right once gambling his clients' money. he has been bearish for the last 15 years.

I also think so.

 

[cyke69sg]

Everyday market just want to chiong higher high. There will be a small red days, but won't have pullback or crash or revisit April's low.

Why? Because institute money is pouring in. Any time the price drop, those who are still waiting at the sideline will take the opportunity to jip, and pump the price higher. A lot of institutes are still hoarding cash waiting for the crash that never come.

I also hoarding cash. But have decided to deploying weekly from last month. I am hoping for pullback discount. But no discount also just buy alsom don't time the market.

 

[cyke69sg]

I don't even look at crypto bro. I don't look at China stocks too. I have my rules and these 2 are forbidden from my portfolio and strategies

What you have in portfolio? And what is your strategy?

 

[AuraKUPO]

I also hoarding cash. But have decided to deploying weekly from last month. I am hoping for pullback discount. But no discount also just buy alsom don't time the market.

Just DCA bro if you are not in need of quick liquidation. I living hand stop month stop, cannot DCA or collect dividends like everyone here

 

[AuraKUPO]

What you have in portfolio? And what is your strategy?

Currently just sold everything bro. My portfolios from now to the next few months is going to be options in indexes.

If really got big crash, I can jip again. If don't have big movements, I will just collect premiums.