Source
r/wallstreetbets•
reyx7

BLOODY FRIDAY - be warned of May 15th!

Discussion

So since most of you retards have a pea sized brain, you probably dont remember Wednesday, April 15th

On this day, the data on March retail sales was released. S&P dropped around 2.5%, down 3% in some spots during the day. Most things were red this day

The report is released at 8:30am

March only had a fraction of the lockdown we had in April. If April is any worse than March, which it 100% should be, the market is going to be blood red.

Edit: Since you fuckos asked, buy PUTS on thursday for the 22nd (or 15th if you're poor). Especially if the market rallies EOD

Posted May 9, 2020, 4:23 PM UTC · edited

8381
ZenDoxOne•

To translate buy puts. What this really means to do - buy calls.

142
Diflubrotrimazolam•

high IQ DD is right here

48
bojackhoreman•

Puts on Tuesday dropping in expectation, calls on Wednesday. Buy the rumor sell the news

2
WeakPublic•

So buy Verizon?

2
Arthune•

Imagine thinking that the market reacts to bad news

109
Diflubrotrimazolam•

Explanations of the markets in the news serve to rationalize the ridiculous market moves after the fact, seems to be the actual case.

24
Offhisgame•

Bad news thats a month old isnt bad news. Its old news.

You mouthbreathing COCKSUCKERS dont get it

22
Bravefan21•

It takes a lot of skill to breathe through your mouth with a cock in it

15
Offhisgame•

hes got talent

2
paydirt45•

In all seriousness though imagine thinking that seeing this coming possibility of a terrible report somehow gives you an edge as if everyone didn’t know we weren’t doing shit in april.

2
[deleted]•

[deleted]

2
Praecipuus•

Isn't going up a reaction?

1
longi11•

Another witching fuckery? Ok buying calls then

63
BullishLongsHitHome•

When will people learn. It’s gotta be priced in stock only go up

2
Ascle87•

Pick one

  1. priced in
  2. expected
  3. better than expected
  4. very bad, but FED will print extra
  5. fundamental data? I ain’t giving a shit. BTFD!

Either way, it will probably be a green +2% day.

51
Monkeycash•

1 & 5

3
ReadSync31•

Good summary.

2
KidCurcio•

3 without a doubt

1
[deleted]•

[removed]

1
illogicaliguanaTheologian•

🏅

1
NormieDenino•

is this the next quad witching

18
MkzDark01•

Been witched once

11
Haha-100•

I was witches four times

2
[deleted]•

[deleted]

10
Jburd6523•

Remember that one time yesterday we rallied on the worst unemployment numbers in history. Yeah numbers don't matter anymore.

6
[deleted]•

[deleted]

1
reyx7OP•

Unemployment has been consistently priced in. Big negative moves happened from this event though

0
Jburd6523•

Just maybe consider that if you with your quantum computer in your living room were able to figure out this complety overlooked vital information that literally no one else has considered. What makes you think it hasn't been priced in already?

3
Jburd6523•

Okay

0
Michael---Scott•

Thanks for the heads up bro. Gonna keep it light until 15

5
kinglax•

So what should we do? Sell 5/15 calls before then? Buy puts the 14th? Where is your DD bruh, and one bad day for the market is not a portfolio killer if you've got long term calls or stocks. But as the saying goes,

POSITIONS OR BAN, RETARD

4
Aldehyde1•

Stock go downie, what me do? Stfu idot

4
yaohyuri•

"So what should we do" go read a book or watch some videos. I loaded up on SPY 275P and IWM 125p June expiry for Monday.

2
kinglax•

Have fun with that.

RemindMe! 2 weeks

2
yaohyuri•

Should have done a remind me 2 days

1
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Reddit has a 19 minute delay to fetch comments, or you can manually create a reminder on Reminddit.

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r/wallstreetbets: Bloody_friday_be_warned_of_may_15th

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1
kinglax•

When you're so eager to brag why do I even need it

1
gazethemaze•

I farted hard beans but market didn't react: are my farts priced in?

4
Brenjamin21•

“Quad witching”

2
Winston_The_Pig•

Is this quad witching hour 2.0?

2
Pa0ap•

BULLISH!

2
Dumb_Nuts•

We know this. I update our models every month. 1Q earnings for retail already hit (includes March) and most companies provided April trends

Only thing that's going to move markets lower is once data of the actual recession hits. We know that we've hit trough demand. It won't get worse. The question is what are the lasting impacts, that very much hasn't been accounted for and will move stocks lower. When we get that data is a big question mark, however. 2Q earnings and guidance for FY20 is my best guess at the moment.

2
[deleted]•

[deleted]

1
yeetorswim•

Priced in.

1
[deleted]•

[deleted]

1
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1
trader9899•

Can anyone eli5 me on why market move on retail data?

1
twistedlimb•

70% of the economy is based on consumer spending. It’s a big picture view on what people are spending money on and how much.

4
trader9899•

I see, I wonder if the market will rally as it is before.

1
odd_oneout•

RemindMe! 4 days

1
whitetragedy•

RemindMe! 6 days "50/50"

1