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The New Coffee Room

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  3. Here comes the Biden market crash

Here comes the Biden market crash

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  • AxtremusA Offline
    AxtremusA Offline
    Axtremus
    wrote on last edited by
    #10

    You look at the likes of GameStop and AMC (the movie theater chain) and you get the sense that something screwy is going on with the market. :man-shrugging:

    L 1 Reply Last reply
    • LuFins DadL Offline
      LuFins DadL Offline
      LuFins Dad
      wrote on last edited by
      #11

      It looks like things started going south late in the afternoon on the 21st...

      5683943B-47D5-4855-B469-6FC99833066F.png

      The Brad

      1 Reply Last reply
      • AxtremusA Axtremus

        You look at the likes of GameStop and AMC (the movie theater chain) and you get the sense that something screwy is going on with the market. :man-shrugging:

        L Offline
        L Offline
        Loki
        wrote on last edited by
        #12

        @axtremus said in Here comes the Biden market crash:

        You look at the likes of GameStop and AMC (the movie theater chain) and you get the sense that something screwy is going on with the market. :man-shrugging:

        The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

        AxtremusA 1 Reply Last reply
        • L Loki

          @axtremus said in Here comes the Biden market crash:

          You look at the likes of GameStop and AMC (the movie theater chain) and you get the sense that something screwy is going on with the market. :man-shrugging:

          The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

          AxtremusA Offline
          AxtremusA Offline
          Axtremus
          wrote on last edited by
          #13

          @loki said in Here comes the Biden market crash:

          The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

          The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

          RainmanR 1 Reply Last reply
          • AxtremusA Offline
            AxtremusA Offline
            Axtremus
            wrote on last edited by
            #14

            https://www.cnbc.com/2021/01/27/gamestop-speculation-is-danger-to-whole-market-massachusetts-regulator.html

            "... more than 100% of GameStop shares had been shorted prior to the epic short squeeze ..."

            1 Reply Last reply
            • 89th8 Offline
              89th8 Offline
              89th
              wrote on last edited by
              #15

              The market is up 13% since Biden was elected, including today’s close.

              1 Reply Last reply
              • AxtremusA Axtremus

                @loki said in Here comes the Biden market crash:

                The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

                RainmanR Offline
                RainmanR Offline
                Rainman
                wrote on last edited by
                #16

                @axtremus said in Here comes the Biden market crash:

                @loki said in Here comes the Biden market crash:

                The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

                Ax 'ol buddy, hitt'n the sauce a bit? What does this mean:
                "The right for move Biden would be to ignore that stock market..."

                Oh, I got it! Just rearrange and it works fine.
                My bad, you're fine.

                And, it's fault Trump's.
                Just say'n.

                AxtremusA 1 Reply Last reply
                • RainmanR Rainman

                  @axtremus said in Here comes the Biden market crash:

                  @loki said in Here comes the Biden market crash:

                  The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                  The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

                  Ax 'ol buddy, hitt'n the sauce a bit? What does this mean:
                  "The right for move Biden would be to ignore that stock market..."

                  Oh, I got it! Just rearrange and it works fine.
                  My bad, you're fine.

                  And, it's fault Trump's.
                  Just say'n.

                  AxtremusA Offline
                  AxtremusA Offline
                  Axtremus
                  wrote on last edited by
                  #17

                  @rainman said in Here comes the Biden market crash:

                  @axtremus said in Here comes the Biden market crash:

                  @loki said in Here comes the Biden market crash:

                  The comrades at reddit think they are striking at the evil empire with those stocks and have no clue what they are doing to Biden. Spooking the markets I wouldn’t think is part of his 100 day plan.

                  The right for move Biden would be to ignore that stock market indices' day to day gyrations, and I think he will do that.

                  Ax 'ol buddy, hitt'n the sauce a bit? What does this mean:
                  "The right for move Biden would be to ignore that stock market..."

                  Oh, I got it! Just rearrange and it works fine.
                  My bad, you're fine.

                  And, it's fault Trump's.
                  Just say'n.

                  Typo, “that” ==> “the”.

                  1 Reply Last reply
                  • LuFins DadL Offline
                    LuFins DadL Offline
                    LuFins Dad
                    wrote on last edited by
                    #18

                    Wait, what? GameStop rose how much? That’s frigging ridiculous. Next you’ll tell me to buy Blockbuster. It’s a dead end retailer. It may be able to survive in some format but not what it was or even is right now. AMC? I won’t even buy AMC movie passes at $3 a ticket right now because I’m not sure they will still be around this summer...

                    The Brad

                    AxtremusA 1 Reply Last reply
                    • taiwan_girlT Offline
                      taiwan_girlT Offline
                      taiwan_girl
                      wrote on last edited by
                      #19

                      (https://www.barrons.com/articles/presidents-dont-influence-the-economy-as-much-as-you-might-think-51610620201)

                      Interesting article. I guess Barron's magazine is generally on the right side. So, they look back at how they looked at various presidents and if the Democrat was elected, that probably meant that the economy would sink. OOPS - not really.

                      If a Republic was elected, the economy would soar. OOPS - not any more than a Democrat president. LOL

                      1 Reply Last reply
                      • jon-nycJ Offline
                        jon-nycJ Offline
                        jon-nyc
                        wrote on last edited by
                        #20

                        3D6C4CB4-CF43-4B31-8EA9-29A445ECD4B7.jpeg

                        Only non-witches get due process.

                        • Cotton Mather, Salem Massachusetts, 1692
                        1 Reply Last reply
                        • LuFins DadL LuFins Dad

                          Wait, what? GameStop rose how much? That’s frigging ridiculous. Next you’ll tell me to buy Blockbuster. It’s a dead end retailer. It may be able to survive in some format but not what it was or even is right now. AMC? I won’t even buy AMC movie passes at $3 a ticket right now because I’m not sure they will still be around this summer...

                          AxtremusA Offline
                          AxtremusA Offline
                          Axtremus
                          wrote on last edited by
                          #21

                          @lufins-dad said in Here comes the Biden market crash:

                          Next you’ll tell me to buy Blockbuster. It’s a dead end retailer.

                          Oh you’ll love BlackBerry (NYSE:BB).

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