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Apr 16 2020 03:29pm
Quote (dro94 @ Apr 16 2020 04:17pm)
What are you doing an MBA for then?


It's still a very good investment.

I would have gone for MD but the time/money investment is not worth it imo late in my 20s. I got married last year and have a baby on the way, i can't afford not to earn for years ahead by switching fields.

Also wtf happened aftermarket? everything is exploding higher.

Trump announced his reopening phases. Sweet.

This post was edited by ofthevoid on Apr 16 2020 03:50pm
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Apr 16 2020 06:51pm
I am so fucked lmao

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Apr 16 2020 06:57pm
I had a dream about my 401k recovering yesterday. Then I woke up.
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Apr 16 2020 07:30pm
Quote (Bazi @ Apr 16 2020 08:51pm)
I am so fucked lmao



Let me guess you’re stuck in your spy puts?

Crystal ball was right. I’m about to be up like 40% on my bac and Citi calls.
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Apr 16 2020 09:52pm
Quote (ofthevoid @ Apr 16 2020 08:30pm)
Let me guess you’re stuck in your spy puts?

Crystal ball was right. I’m about to be up like 40% on my bac and Citi calls.


when we failed the 280 test 4 times I thought we were in the clear, then random ass gap up to get passed it lol

btw the news is old anyway, we already knew it worked. problem is it costs thousands and insurance doesn't cover it. it doesn't prevent anyone from coming to the hospital and in no way changes policy that we are maintaining in regards to social distancing etc.

Wall Street bets
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Apr 17 2020 05:38am
Quote (ofthevoid @ Apr 16 2020 05:29pm)
It's still a very good investment.

I would have gone for MD but the time/money investment is not worth it imo late in my 20s. I got married last year and have a baby on the way, i can't afford not to earn for years ahead by switching fields.

Also wtf happened aftermarket? everything is exploding higher.

Trump announced his reopening phases. Sweet.


It can be but you have to specialize. I majored in a graduate macro social work degree (social welfare policy and administration) that is more like a health care MBA since it is macro practice and a lot of my collegues are MBAs and do well, but you have to be really specialized in something. Same with MSW and to a degree MSN... I know masters level nurses who are stuck on the floor Because they haven't learned the more specialized skills of case management or utilization review.

The reason I say this is because MBA degrees depending on the program can be really unfocused. Other programs are great. I don't know what program you're in.

Graduate school is really the start of something new and not the end of college. The best advice I can give you is find a good mentors and other people to learn off of.

This post was edited by Skinned on Apr 17 2020 05:40am
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Apr 17 2020 07:21am
Quote (Bazi @ Apr 16 2020 11:52pm)
when we failed the 280 test 4 times I thought we were in the clear, then random ass gap up to get passed it lol

btw the news is old anyway, we already knew it worked. problem is it costs thousands and insurance doesn't cover it. it doesn't prevent anyone from coming to the hospital and in no way changes policy that we are maintaining in regards to social distancing etc.

Wall Street bets


Might buy SPY puts today. I think it gets rejected back down to the 270 range within the next few trading days.

Holy fuck DIS is at 107. Time to take out loans against everything i own to short it.

This post was edited by ofthevoid on Apr 17 2020 07:26am
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Apr 17 2020 11:13am
Quote (ofthevoid @ Apr 17 2020 08:21am)
Might buy SPY puts today. I think it gets rejected back down to the 270 range within the next few trading days.

Holy fuck DIS is at 107. Time to take out loans against everything i own to short it.



Dude I was green today somehow

Vega spike and sold my puts at 283.0 , this plus my roku put have me green somehow

I don’t even know.
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Apr 17 2020 03:19pm
irrational exuberance

Some analysts were saying we won't reach 3000 for S&P until the end of the year now we are one or two solid green days from getting there.

Many sectors got killed off but because both the S&P and Nasdaq are so tech heavy now compared to 10 or 20 years ago we aren't seeing the real carnage just by looking at the index etfs.

Financials, energy, reits, industrial, etc, most of these are down sufficiently imo, but what's holding up the indexes is the big dick tech names. I think a fair amount of people believe since tech has been largely recession proof it's a good place to sit with not much downside risk.

You have names like Apple, Msft, Google, etc that are barely off their all time highs. Personally i think a good portion of these companies will get hit, and they'll get smacked maybe not this earnings season but Q2. When they do you'll have the indexes rolling over. I don't think sub 200 is realistic for SPY but 230-250 is a real possibility.

I would be careful with owning some of these names that barely moved to the downside.

This post was edited by ofthevoid on Apr 17 2020 03:22pm
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Apr 17 2020 03:25pm
Quote (ofthevoid @ 17 Apr 2020 17:19)
irrational exuberance

Some analysts were saying we won't reach 3000 for S&P until the end of the year now we are one or two solid green days from getting there.

Many sectors got killed off but because both the S&P and Nasdaq are so tech heavy now compared to 10 or 20 years ago we aren't seeing the real carnage just by looking at the index etfs.

Financials, energy, reits, industrial, etc, most of these are down sufficiently imo, but what's holding up the indexes is the big dick tech names. I think a fair amount of people believe since tech has been largely recession proof it's a good place to sit with not much downside risk.

You have names like Apple, Msft, Google, etc that are barely off their all time highs. Personally i think a good portion of these companies will get hit, and they'll get smacked maybe not this earnings season but Q2. When they do you'll have the indexes rolling over. I don't think sub 200 is realistic for SPY but 230-250 is a real possibility.

because their business model (other than supply chains rooted in mainland China) didn’t cause any of their short-term financial woes. they didn’t randomly release a shit product and people are still using their services

phone sales will be hit for sure but everything else probably not nearly close enough to worry. this was horrid earnings week and everyone knew it would happen.

amzn is still delivering stuff. nflx still streaming
elon musk still making cutting edge stuff
cmg still selling burritos
mcd still selling burgers
amd and nvda still making graphics cards
banks still lending money

stock market wont reflect shops closing up because the ccp virus’s effects were covered up by globalist organizations like the who

This post was edited by excellence on Apr 17 2020 03:26pm
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