Breaking: Stock market crash incoming (Update :sadcam)

[chineebai]

This has nothing to do with the FED and the US economy, the bank of Japan and the Yen is the catalyst…Basically they were taking out loans in Yen when it was struggling against the dollar…Yen bulked up and now all those people have to pay back those loans…Hence the sell off…

correct. What i'm saying is don't discount the move the FED can make since they got some dry powder left in order to stop this bleeding. But you're right, the cuase is the Yen unwinding.

 

[Black Mamba]

This has nothing to do with the FED and the US economy, the bank of Japan and the Yen is the catalyst…Basically they were taking out loans in Yen when it was struggling against the dollar…Yen bulked up and now all those people have to pay back those loans…Hence the sell off…

Glad I enjoyed the strong conversion in my favor a couple of weeks ago there

 

[WTFisWallace?]

thought my portfolio would open up worse than this. I'm still in the green for the year.

 

[Elim Garak]

I really hope this is just a correction.

 

[Slow Moving]

I expected high iv for spy puts but 0dte calls close to in the money are going for 7+ tf.

 

[FukkaPaidEmail]

I expected high iv for spy puts but 0dte calls close to in the money are going for 7+ tf.

I looked at that same shyt


This was an overreaction and they was not gonna let retail eat big

 

[cheek100]

Dramatic

 

[The Fukin Prophecy]

Dramatic

That is an insane overreaction…

Best we’re looking at is 0.5 in September…

 

[cheek100]

That is an insane overreaction and not happening…

Best we’re looking at is 0.5 in September…

.75 off the cuff would be inshane

 

[ORDER_66]

Dramatic

wtf does that even mean???

 

[null]

wtf does that even mean???

 

[ORDER_66]

I'm still learning all this technical shyt so is it good news or bad news...

 

[jdubnyce]

wtf does that even mean???

 

[Da_Eggman]

So far -$605 today in my investment.

Times that by 10 for me

 

[Toe Jay Simpson]

Man ain’t nothing gon…