Collapse Coming?

[Reg26]

Twitter/X is blowing up over Japan’s stock market collapse, Dow Jones futures showing signs of the same tomorrow (August 5th), unrest in England, and an anticipated strike on Israel by Iran.

It’s about to get spicy and nobody’s at the wheel it seems.

 

[Trophyhunter01]

All the employment reports being corrected and the truth coming out plus no one really in charge is creating a real pool of fuel just needing a spark.

 

[Datchew]

HIBS

You're welcome

Buffet just started dumping heavy.

 

[sgt_zim]

What is HIBS?

 

[Josh P]

Timing is everything. Collapse or not, someone will make a killing.

 

[Altitude sickness]

Buy, buy, buy

 

[Adipose]

Not looking good for today that is for sure.

 

[Datchew]

What is HIBS?

HIBS is a 3x leveraged sector focused ETF for shorting the S&P500.

Buffet shows a lot of signs of being overly connected and tied in with Japan, whose currency is a forward indicator (depending on who you believe) of our own system.

He started dumping big amounts of his large holding Thurs and then Japan started messing with rates. Red flag to me that seems to have been correct as of this morning.

Back to HIBS - it's an easy way to short the S&P if you don't want to bother directly with the options. Fees make it a little more expensive than direct puts but it makes it very easy to get in and out of big movements.

 

[VertigoBE]

This is going to bite in my warrants...

 

[enysse]

I doubt it, the government keeps enabling plenty of people to do nothing. What businesses went out with COVID are long gone. Everyone has accepted food prices and a lot things doubling in price.

 

[Skshyk]

When there is blood on the streets! Buy! Loaded up today even though I wanted to just cry….. NVDA will hopefully pay for all my hunts next year.

 

[Datchew]

I'm not quite sure I'm cheeky enough to buy. i think this is going to be a week if not multi-week long sporadic bleed session.

Been wrong before though. (a lot)

 

[KMG Hunting Safaris]

Watch out to try and catch falling knives...

 

[Hunter4752001]

Invest in copper, steel, walnut, lead and nitrocellulose............

 

[Hogpatrol]

Same shit, different year. The denizens of Wall street creating panic so they can buy low then sell it back to the FOMOs. The talking heads are touting recession. I've been laid off in more than one of them. The unemployment rate was well north of what it is now and there weren't HIRING signs on every business. I remember the '87 crash. The Dow was not even a thousand. Look at it now. Steady as she goes, boys. This too shall pass. It's just more bullshit from the news media.

 

[Altitude sickness]

Buy when there is blood in the streets. Even if it’s your own blood.

From an article
“Contrarian investors have historically made their best investments during times of market turmoil. In the crash of 1987, the Dow dropped 22% in one day in the U.S. In the 1973-’74 bear market, the market lost 45% in about 22 months. The terrorist attacks of Sept. 11, 2001, also resulted in a major market drop. The list goes on and on, but those are times when contrarians found their best investments.

The 1973-’74 bear market gave Warren Buffett the opportunity to purchase a stake in the Washington Post Co. , an investment that has subsequently increased by more than 100 times the purchase price–that’s before dividends are included.”

 

[Ryan]

If you can't take the downs with the ups get out of the stock market. My retirement fund is an S&P index fund. I hope for 10% increase over an entire calendar year, and it was nearly 20% a couple weeks ago. That's phenomenal but not normal. So now it's cooled down a bit. It's still 9.3% for the year so far, which is damn good. Wisest move right now is to buy a bit more when you think it's bottomed if you can.

 

[Adipose]

Gold is still up 25% over the past year, and silver is 17. There is always a way to make money..

 

[Hogpatrol]

As of 7/24, 8.1 million job openings. Yeah, there's a recession coming.

Understanding America’s Labor Shortage

Workforce participation remains below pre-pandemic levels. We are missing 1.7 million Americans from the workforce compared to February of 2020.

www.uschamber.com

 

[Lone Star Bluegrass]

Buy when there is blood in the streets. Even if it’s your own blood.

From an article
“Contrarian investors have historically made their best investments during times of market turmoil. In the crash of 1987, the Dow dropped 22% in one day in the U.S. In the 1973-’74 bear market, the market lost 45% in about 22 months. The terrorist attacks of Sept. 11, 2001, also resulted in a major market drop. The list goes on and on, but those are times when contrarians found their best investments.

The 1973-’74 bear market gave Warren Buffett the opportunity to purchase a stake in the Washington Post Co. , an investment that has subsequently increased by more than 100 times the purchase price–that’s before dividends are included.”

“Great fortunes are made in the rise and fall of nations.”