this post was submitted on 08 Apr 2025
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chapotraphouse

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[–] erik@hexbear.net 29 points 4 months ago (1 children)

I'm still kind of in denial that these tariffs are going in effect tomorrow. Like, I don't have any stocks outside of a retirement thing through my job, so I don't have like wallstreetbets mindset. I'm just so used to Trump talking about something all campaign and even announcing it once he wins and then nothing happens, that it's weird he's gonna actually do it.

[–] Lamprey@hexbear.net 20 points 4 months ago

I think that's the same boat the investors are in. Everyone's calling the bluff at the moment.

[–] Adkml@hexbear.net 28 points 4 months ago (1 children)

It's going up like crazy at the moment, like already made up for the last two days of losses. Certainly could change by end of day though it was up 4 trillion dollars for like 40inutes yesterday cus some rando blue check with Bloomberg for a last name successfully planted a story that Trump was gonna delay tariffs for 90 days.

I also think there's a lot of people who believe they are clever enough to catch a falling knife and think they're way smarter than all the other idiots doing thr same thing as them.

[–] Posadas@hexbear.net 17 points 4 months ago (1 children)

It's gonna be reap funny if Trump ends up not revesing the tariffs tomorrow

[–] Adkml@hexbear.net 7 points 4 months ago

Yea of we get to the point where every day either us or China add more tariffs its gonna crater the economy.

Well see how long chuds new rejection of materialism lasts, generally treats being threatened in this country is literally the only thing that results in mass movements.

[–] Vampire@hexbear.net 22 points 4 months ago

That's called a dead cat bounce

[–] BodyBySisyphus@hexbear.net 9 points 4 months ago (2 children)

300 point swing bb

I should've paid more attention to @MayoPete@hexbear.net when he was talking about 0dte options.

[–] MayoPete@hexbear.net 9 points 4 months ago (1 children)
[–] BodyBySisyphus@hexbear.net 7 points 4 months ago
[–] Posadas@hexbear.net 8 points 4 months ago (1 children)

Tbf, I was right until this tweet

[–] BodyBySisyphus@hexbear.net 10 points 4 months ago (1 children)

Jim Cramer also said that we were out of the woods, thereby delivering the kiss of death.

[–] gramxi@hexbear.net 7 points 4 months ago

can you give me advice on my portfolio