Makes sense after it had already fallen 30% last year. Smart.

I was on the opposite side of this trade but with a lot more $$$

Unprofitable day trader is tautology

Is this the support group for put holders? Fear mongering seems to help justify mistakes

Stop again. Go google “how do banks make money”. You need to learn about what the spread is and it has nothing to do with butter or your moms legs

Omg you just keep going with nonsense. I want you to go to a balance sheet for JPM or BAC etc and tell me exactly how much they’ve “borrowed” from the government to in turn lend. Do you think the fed funds rate is a rate the fed lends money at? 😂 so confused. That is the rate banks charge each other for overnight lending if needed. Are you talking about the discount window? That is a “lender of last resort” and banks know there’s a stigma around using it. Just repeating your misinformation doesn’t make it any less false. Stop. Go actually learn this stuff. Stop posting until then

I wouldn’t know where to start. “Banks whole business is borrowing money”? Wtf? Banks are in the business of lending money. You’re really blurring the lines between govt and banks. “The government needs to pay higher rates to borrow money”? Where? In the US where there was still demand for treasury bonds at negative rates? “The government is printing money to help banks”?? No M2 has been shrinking and the funds within the fdic has bailed out depositors. The whole thing is a confusing jumble of misinformation. If you turned this in as a high school Econ project I would give you an F.

I remember when I took my first Econ class … OP has no understanding of how banks actually operate and is missing the fact that the Fed has already set up a new facility for banks to essentially offload long dated securities to the fed. Back to school child

WSB … keeping poor idiots poor since 2018???

Let me guess you were long last year and now you’re probably thinking you should be short. Try the opposite. Market just blew through 200 MA on most indexes. Probably more upside now. Recency bias will kill you.

Nice spec play. Someone will make $$ in the space

What a cute little portfolio

Funny post that looks like a question then goes on to tell you it will be a disaster. 😂

Is this the 🐻 support group we’re we all acknowledge we were stupid and greedy? Or the one where we tell each other to keep doing dumb things?

AMT around $18. It didn’t move enough so I sold and bought INKT - good luck trying to find that one! Delisted

Damn my Japanese is off. I thought it said shaved testicles

I agree with this ☝️

How do you price the political risk? That’s the problem. I don’t think anyone would deny that the Chinese consumer is a huge opportunity

The best thing about TA is … Christmas colors! In fact that’s really the only cool thing