BuildBackRicher

u/BuildBackRicher


If you were to set a limit sell at the maximum (7x current price when the trade is entered and accepted) and the actual price then falls, will the order cancel? And then you would have to enter a new order up to 7x the new current price?

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"Disruptions in markets tied to government debt exacerbated both Lehman Brothers’ collapse and the March 2020 market panic. Fed Chair Jerome Powell said last week the central bank wanted to avoid interventions such as the one required by the 2019 surge in overnight rates.

“Fed policymakers want to avoid another episode like 2019—it’s seared in their brains,” said Nate Wuerffel, head of market structure at BNY Mellon.

Even a one-day surge in funding costs can cause an institution to miss payments or be short on cash, which could lead to defaults, he said.

The Fed set up backstops during the pandemic to absorb potential market stress. But impending bank regulations could make capital scarce

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r/Superstonk•

Last earnings (Q1) were June 1, up a week from the prior year quarter's earnings date. Last year's Q2 earnings were on Sept 8.

Edit: I wouldn't rule out Aug. 31, either.

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r/Superstonk•

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