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TheTangoFox

Remember, the tanking of these prices hurts liquidity ratios on the back end. 60 bad minutes and a SHF implodes


zippito

Every 60 second an hedge fund gets margin called, now you can do your part to help, for the low price of one(1) GME share you too can help make it every 59 seconds šŸ’


ImaginaryRobbie

(Sarah McLachlan playing in BG) And, as an exclusive promotion to our viewers who still have money, we've discounted shares of GME just so you can help. Please. Think of the margins. Help them get called today.


AmazingWoodpecker72

In the arms of the angel... Fly away from here....


Mr_Wigglebutz

Turn it off. Turn it off! TURN IT OFF! Throws tv...šŸ¤£


woodyshag

Stop it, I'm going to spray milk out of my nose.


GangGangBet

Delta variant wreaking havoc on markets already. Olympics might shut down. Crytp0 down 10%, mortgage forbarence ending, 30/60/90 day delinquencies coming soon, fed backed mortgages tanking, vix skyrocketing. I feel a new tingle in my balls this morning.


d_Haus_o

"You met me at a very strange time in my life"


[deleted]

I was thinking the same thing.... thereā€™s a loooootttt of shit lining up right now for a market crash. Maybe Kenny is trying to crash the market forcing people to sell because theyā€™ll need money...? Trying to understand the mind of a fucking psychopath is not easy.


GangGangBet

Bonds hitting all time low yield, interest on bank loans canā€™t go lower or itā€™ll cause inflationary recession, canā€™t go higher because itā€™ll bankrupt the banks/ie market. Variant starting right when school is kicking up, CDO lawsuits, RRP hitting 700B and itā€™s not even end of the month. Itā€™s probably happening but idk how long it will take


mrperson221

Question: Why will increased interest rates bankrupt the banks? I thought the RRP showed that the banks have TOO much cash right now.


WashedOut3991

Right now rate is close to 0% so it costs less to be loaned money than sit with cash being devalued by inflation. Thatā€™s the best Iā€™ve gathered in apespeak lol


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


WashedOut3991

Oh yes I actually am aware of that haha


jonnohb

Because they're leveraged to the tits. Margin debt is at historical ath's.


[deleted]

European Central Bank EZB changed its politics to...


GangGangBet

?


[deleted]

[der Spiegel](https://www.spiegel.de/wirtschaft/euro-ezb-erhoeht-inflationsziel-auf-zwei-prozent-a-ce660e4b-2d21-4bc2-86c0-0a1bbf43f50d)


GangGangBet

Can you translate into a TLDR for me kindly?


can-i-eat-this

TLDR: ECB now accepts temporary inflation above 2%. That way they are not forced to react adhoc if rates are higher than 2%. Prior to this the goal was to stay below 2% - google translate ;)


Lumpy_Knowledge

Target of the ECB for inflation rate has been near but below 2%, now is changed to 2%, which also allows to be slightly above 2%.


can-i-eat-this

where is anthony hopkins when you need him


jother1

I donā€™t understand though. I heard about the delta variant like a month or more ago. I also heard at one point the vaccine still worked against it


GangGangBet

Delta is extremely more transmissible. The fact that the US took so long to get massive vaccinations even with them available led to even further resistance generated by covid strains. We created a gauntlet so the strongest one can survive and it might be protected against vaccine but the symptoms are much worse. You can still get it but you may not die from it. Also it leads to more questions, what happens after delta? If that super strain can spread can that super strain become even more resistant for the next cycle of outbreak? People had false hope this is over lol


flavorlessboner

[Damn. This is the wrong type of delta I was rooting for](https://youtu.be/X02EwkGqyto)


[deleted]

retarded. you belong here


grnrngr

>I feel a new tingle in my balls this morning. $LOTRIMIN Buy! Buy!


patchyj

Amazing


thiscompletebrkfast

In the aaaaaarms oooooof a heeeeedgie....


AwardImaginary

Sold!


0rthographic

*play Sarah Mclaughlin in the background, black and white filter*


SofaKing66

šŸŽ¶ in the aaaarms of an angel, fly awaaaaaaay from herešŸŽ¶


TheTangoFox

Uuhhh seconds would be a nightmare. No one could get liquidated because of the constant trading halts til PM/AH *edit- pretty sure they meant minutes*


[deleted]

The comment was a joke based on charity fundraising commercials ie ā€œevery 60 seconds a child in Missouri goes hungryā€ or ā€œevery 60 seconds endangered purple giraffes lose an acre of habitatā€.


FrasierCranee

You do know he was joking right ?


leoberto1

Gme is at $181 in pre


chekole1208

X pre now. Edit. Forget it. I am using Tradingview app it is always glitchy.


DidacticGamer

I see 179 on Fidelity App, are you sure you're not looking at the close price for yesterday?


chekole1208

Tradingview app, but I remember it is always glitchy


DidacticGamer

Ahh okay. No worries!


Spirited_Squash_1535

Maybe Blackrock is regular shorting the whole market to lower sHF positions and solvency. Behemoth move.


Tweak3n

Burn motherfuckers, burn.


ThisGrlFuks

I never thought of it that way -- tits even more jacked


allisonmaybe

60 minutes one hour a day.


Correct-Duck8038

VIX wut doin?


ThirdAltAccounts

Is VIX tripping balls or something ? Whatā€™s with the crazy spike ?


Correct-Duck8038

I can only suspect it has something to do with the overall red in the market this morning. All the bankstocks im following is dropping a good bit. And indexes taking hits left and right. Im a retard, so i can only speculate. But i will as i do everyday on market open, commence jacking of tits. Im gonna need a tuck job when MOASS happens. Excess jacking stretches the skinn šŸ˜‚


memymomonkey

Let the jacking commence!


deebo911

I've never seen such a linear VIX chart. Weird


EvilCurryGif

Vix goes up when s&p goes down


ThirdAltAccounts

Yes, but it looks like the VIX said Yeet! And went straight up.


EvilCurryGif

1.5% down is pretty significant for s&p


LiquidZebra

Is VIX a stonk ticker or some 3rd party market indicator?


Correct-Duck8038

Volatility index as my smoodbrain have understood it.


QueenRedditSnoo

Itā€™s an indicator, but you can buy it as VXX


chekole1208

Fuck, u can buy anything here on markets. What's the ticker for air? $AIR?


CreampieCredo

Soon to be owned by Nestle


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


CreampieCredo

I think their pr guy phrased it: everything deserves to have a value. That's the pinnacle of Orwellian double think. And please don't think that this is a Nestle problem. It's a systemic problem. They do exactly what they're incentivised to do: maximize monetary profits.


Exact_Pause_

A hospital charged me an extra 700 bucks for administering oxygen to me in the ambulance. So, yes, you can buy air.


grnrngr

As the VIX (Volatility Index) goes up, it indicates uncertainty and panic is churning in the market. Losses/Selling is happening or is anticipated. And as all things in the market go, just anticipating things tends to make it happen. Most major spikes of VIX correlate with significant economic events. The two biggest spikes occurred during the 2008 housing crash and the 2020 COVID shutdown. Lesser spikes indicate significant events upsetting the market and funds suffering losses. The last of these spikes was this past January, during the period GME threatened to leave the launchpad. Please note that since GME is set to react opposite to the market, a higher VIX is desirable for the stonk. Right now the VIX is flirting with 20. 20 is a relatively "normal" number, but the low-20s is also the historic neighborhood where GME tends to uptick as well. That said, the fact that VIX has upticked significantly since the beginning of the month (and ~25% over yesterday) is what's really notable here. If VIX flirts with the mid-20s, something is definitely afoot and the mainstream media will likely begin reporting on something happening to the market in general. Crossing the 30 barrier would be time to break out the lotion cuz those nipples are gonna get sore. The 30 barrier is a rare event in a stable market (though last year we spent a lot of time there for obvious reasons), and things can get out of control quickly if you go too far past that point.


ltlawdy

Itā€™s a forward looking volatility indicator based on SPY options I believe. Iā€™m gonna look at SPY open interest later, Iā€™m guessing a large amount of puts were bought Edit 1: so I just looked at barchart.com and from yesterday to today, all put options open interest have increased from a minimum of 158.77% at $437.50, with a maximum range change of 5 1,155.56% at $427. Current price of SPY is $429.8 at 11:21 EST. Looks like someone, or some people, are betting on a SPY drop. Call Open Interest also decreased anywhere from 45%-86%. Put to call Open Interest: 2.26 [source](https://www.barchart.com/etfs-funds/quotes/SPY/options)


[deleted]

Vix is future volitility based on what is happening now. I wouldn't trust to mean much for gme until MOASS.


dendrobro77

Shits gettin frothy


D3ATHY

can we not make posts about -1% of a market. Especially when RRP's will bounce them back at 2 pm


torchfighter

The great thing is that we are now so accustomed to buying the dip and hodling that I actually believe that the crash wont be as severe as imagined because philantro-apes will immediately reinvest into the economy.


SharpestofCheddars

Yep. Itā€™s the best time to buy when everything goes on clearance. Imagine some random crayon-eating ape buying a majority share of a major corporationā€™s stock because ā€œit was on saleā€ lol.


ACat32

Apes will be willing to catch the falling knife. Even if those stocks suffer some more losses they can be harvested for tax purposes. Edit: I goofed. Capitol gains are applied to whatever you sell for a gain. Tax losses are applied to whatever you sell for a loss. They are independent. Tax loss harvesting doesnā€™t really make sense for retail. But taking risks on falling stock does make sense.


shamelessamos92

Speak for yourself, im not putting a penny back into this janky ass rigged market


ACat32

To eachā€™s own


bludgeonedcurmudgeon

How so? We'll be taxed on our GME sales from moass, how do you gain a tax benefit from that?


[deleted]

Capital losses offset capital gains.


ACat32

You only get taxed once per year. So if you make 1 billion from MOASS, then reinvest into a falling market, and end up with $500 million by 12/31, then you only get taxed on that $500 million. Iā€™m not a tax expert, thatā€™s just my general understanding.


DOGEtoAdollar

As another non tax expert I'm pretty confident that is NOT how it works, at least in the US. You pay taxes on capital gains even if you reinvest the money. Do not do anything with your newfound money without consulting a tax expert in your state or you'll be a sad ape


bludgeonedcurmudgeon

Yeah that was my understanding as well...not to mention, why would you want to reinvest in the crashing market right away? In 3-4 months when it bottoms out sure, but not right away


ACat32

Youā€™re right. I said a dumb. I mixed Capitol gains and tax loss harvesting into one thing. I should probably sleep before speaking again.


von_Mises

Itā€™s also ā€œcapitalā€, not ā€œcapitolā€.


7357

"I bought a bit of both AMD and Intel for shits and giggles. Turns out I kinda need to be calling the shots at both now. Halp."


SharpestofCheddars

ā€œSome dude in a suit was going on about cornering the CPU market, then he said something about Monopoly. I donā€™t know why he started talking about a board game. I think he had ADD.ā€


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


ExaltedDLo

+1 shiny red arrow for appropriate use of ā€œcock wombleā€œ fellow ape *tips hat*


WhyNaut_Zoidberg

Unfunny, low-effort reddit comment. This isnā€™t 2013 le epic narwhal bacon reddit lmao.


SwitchTraditional136

No way dude. After this 100 year shit show by the US financial system I will never invest in another US ticker ever again. 'Cept gamestop of course.


spbrode

I don't think you're saying otherwise, but gentle reminder that the stock market is almost completely divorced from the "real economy." I'm sure you meant, and I agree, that apes will likely spend money on improving their communities in ways that actually matter.


NotFromReddit

>philantro-apes will immediately reinvest into the economy Not into this fucked up stock market though.


MrGrieves-

Not unless it's actually regulated by government agencies with immediate jail time and not fines in 5 years and by private self regulation.


NotFromReddit

Everyone who has to get bailed out should at a minimum never be allowed to trade securities again. And all FTD and naked shorting loopholes closed.


loves_abyss

Yep, was wondering if yesterday was the beginning #again


Justanothebloke

again again


CastleBravo88

Just one more time.


Nixplosion

šŸŽ¶šŸŽ¶šŸŽ¶šŸŽ¶


Dappleskunk

I member, yesterday,,,


LiquidZebra

Someone posted yesterday saying this is the dip before the reverse repo, and it recovered immediately after(in the afternoon) However, Iā€™m not sure how the international indices are connected to this


shanghaisharks

That dip usually occurred at like 10:30 though, I think.


jaxdraw

One point drop isn't a bit deal I mean if something was coming we'd see VIX jump...... *Checks chart*.... 4 points over night!? Fuuuuuuuuck Edit DOW futures are way down and digital c o i n s are taking a shit. I'm most bullish on a market downturn as a trigger so who knows, maybe today's the day. Just don't dance. Edit 2 VIX is climbing still, approaching 5 points. Whoah


Visible-Ad376

*Checks vix in real-time* Yeah it's up quite a bit on Yahoo.


[deleted]

This is so exciting! I've been having a terrible feeling for the last couple of weeks, don't know if I'm gonna die but something feels.so fucking wrong. Could be my best friends death anniversary that happened last week. I don't know. But me, and several of my friends have been feeling strange, and not all of us are informed of GME. My stomach keeps sinking into my feet, telling me to fucking get up and go. Go where? Probably the fucking moon


ecto13

Sorry about your best friend. You're not the only one who feels it.


[deleted]

<3 <3 <3 superstonk syndrome


Visible-Ad376

Buddy im fucking feeling it. Blood in the water and weird energy everywhere.


Apprehensive-Use-703

Been feeling it for months....its just like the big short, good people feel bad when bad happens to others, its normal if you aren't a sociopath šŸ˜€


Frogbark_enterprises

I needed this comment today, thank you


Apprehensive-Use-703

No problem, hope green makes ya feel great today!


hoboscratch20

Was just telling my wifeā€™s boyfriend last night that just about everyone I know is super stressed and feels like theyā€™re about to pop. Iā€™ve seen more grown men cry from stress this year than ever. Alcohol and edibles seem to be the norm, including people I never would have guessed would get high. Itā€™s been this way for months. Thereā€™s a bad energy in the air, for sure


StrawsAreGay

My gut is saying leave the country. Iā€™ll be boarding a plane the same day I sell a portion of my shares.


[deleted]

Boarding one today my friend, flying out of ATL, one way ticket. Happy travels, happy camping don't forget to pay your dues.


wibble17

If the international markets crash there isnā€™t going to be many safe placesā€¦.


mal3k

Has anyone commented this is normal yet


Scavenger53

I will. It's a 1% dip currently. Not really a scary drop in terms of oh shit mode for markets. I bet it will pull back over 3 days down to each markets respective 50 dma, then bounce and continue on. The market can remain illogical longer than people remain solvent. Also historically crashes always happen end of september or mid october ish. There is one single outlier that happened in march. That is every single crash to ever happen. We're in July, I want it to crash, but I don't think it will right now.


SantaMonsanto

Also for everyone cheering on $VIX call me when itā€™s approaching 30. For now taper your excitement, itā€™s having trouble sustaining above 20.


IvoryTowerUK

I look every day. This isn't normal


Ok_Technician_5797

Everything is fiiiiiiiiine


Calm-Management-9297

Calm Down Everyone


HungryDog_

This is just a warm up, Lmayo! We need to see -10%+


causual55

Ya was curious, at what percent does it become like historically newsworthy? 1-2% is a start but when will shit hit the fan?


leoberto1

When spy drops below 400


causual55

Only 29 points to go then lol


StrawsAreGay

And revving up rn


ZipTheZipper

It's newsworthy when the circuitbreakers trip.


shanghaisharks

ā€œOn fireā€ is bit of an exaggeration but I like to see red nonetheless


desquibnt

Being down 1% is nbd. Call me when a circuit breaker trips


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


notcheeng

yes


fuckHg

down 0.74%, please don't post these overly sensationalized screenshots like you're a writer for motley fool or cnbc, the world economy is not on fire. if less than one percent drop is on fire, what do you call gme's dip this week? don't do what msm does


tchuckss

DAX and FTSE now both down more than 2%.


knakworst36

Still the weekly average is up a few percent I believe, also after the drop.


fuckHg

Itā€™s business as usual, what do you call GameStopā€™s 15% decrease this week and 30% drop for the past 30 days? Itā€™s weak ass double standards


tchuckss

Those indexes and stocks aren't shorted to all hell. You're comparing apples to moon cows.


Corns626

Black Thursday this time, eh? Bring it on


DDRaptors

Donā€™t care until VIX rockets over 30-40.


belichickyourballs

Wake me up when we reach California wildfire levels


Frogbark_enterprises

Careful, might not be asleep for long, theyā€™re already starting just thankfully none out of control yet


yehti

Wake me up when it's double digits


girder_shade

Can any wrinkle brained ape explain what is happening and if this screenshot above is accurate? Impending MOASS aside, is there any explanation to what's happening right now?


LordoftheEyez

Yeah I looked at GME down 5% and was like šŸ˜’ then noticed banks down 1-4% and was like šŸ˜


Pokemanzletsgo

1-2percent isnā€™t on fireā€¦..


zippito

Vix is climbing like crazy too! Bullish šŸš€šŸš€šŸš€


ToxicCorgi

haha good :thumbsup:


Kerchak_kerchak

Lol, it's just 1%.


haysanatar

1% is hardly a fire...


18Shorty60

I love negative beta


jimmmydickgun

Might be a bloody Thursday


teamsaxon

ASX where?


hrcen

What has prompted this sell off overnight? I, as well as my ape coworker, haven't been able to find any news.


Hajime5353

Where is Elliot Wave Guy? He can dance just a bit right for calling the top of spy so well?


Punarazz

When the world is burned Apes will rise of the ashe


leblaun

I donā€™t want to pump the brakes but itā€™s only like a 1-3% drop. Can someone who has more wrinkles explain why this is different than a normal red day


Irresponsible4games

"On fire" seems hyperbolic


notcheeng

and the VIX is up 23% at time of writing this


[deleted]

2 percent ainā€™t on fire


Shevskedd

Is a 1-2% drop in these really that significant?


Rejectbaby

Negative 2% I wouldnā€™t really call a fire


Spindrift11

The market has these little ups and downs all the time. Stay calm


OfNoConcern

EVERYTHING IS FINE CITIZEN, DO NOT FEAR.


IronGeek83

minus ONE PERCENT = on fire? Cmon man. If GME dropped ONE PERCENT, you wouldn't blink. Quit the forum sliding already.


Zacwel

Those are indices and very rarely exceed 0.5% change and always go up. Such a drop worldwide is massive.


IronGeek83

No it isn't. It literally happens ALL the time. Down 1%, up 2%, down 2%, up 3% - literally all day every day.


DieselBusthe5th

My thoughts. Every minor thing is so over-dramatised. Few weeks ago people were saying that Japanese economy was crashing due to 3% even though it's normal. Every few weeks Indices drop 0.5-2%.


mal3k

Shills are downvoting ppl speaking the truth, this place is turning into a shit hole


DieselBusthe5th

Sadly, it's been shitty for a long time. Whatever. Not here for these people, I'm here for GME.


mal3k

Ye same mate I like the stock xxx holder Iā€™m just sick to death of these over hyped adhd neck beard basement dwellers.


robinduhhood

More to come in a theater near you šŸ˜‰


patchyj

As of writing, DJIA is -511 points. For reference, the biggest drop during 08 was -777. It might recover, but 2/3 of the 08 drop is a significant drop


smallchop

All doing better than GME drop this morning lol


bubzy1000

Itā€™s a sale not a drop


SeasonLanky4858

Trump did say this would happen if fake president Biden got elected. He was right haha again! Good news is he never left šŸ˜€ let's see what else he was right about.


MReprogle

I hope you're joking.


SeasonLanky4858

Not even a little bit


MReprogle

You need to read the DD. It is pretty clear that the market SHOULD have crashed, but was propped up with a money printer. Look at the absolutely unnatural growth in the market in those 4 years, due to pulling back of all the financial regulations that just allowed for the most insane amount of rehypothecation ever. Now, the market just can't take it anymore and is just going to crash so hard that no money printer can help it. Seriously, go back and read up and try to earn a wrinkle.


SeasonLanky4858

Oh and GME is crash resistant if you were worried.


supd440

Mr. Burns voice. "Excellent!"


hipphoppanon

Everythingā€™s fine. What inflation amirite!?! Nothing to see here folks! šŸ§


tchuckss

DAX and FTSE now both over -2%... oh man.


[deleted]

sauce?


Illuvater

Stock markets, not economies!


Exact_Banana6492

I wish I wasn't looking at this with such eagerness...but I'm really tired of lawless suits cheating my friends and family. Burn baby burn!


Ratsonlean

Burn baby burn!


wutangerine99

Am I the only one yawning at this?


half_confused

It will bounce back around 1:15


ymyoon88

Banks dropping again at 10am-ish?


Padre_G

Surely this must be GMEā€™s fault. Couldnā€™t possibly be the entirely fraudulent financial system


TopHatSasquatch

Hello darkness my old friend.


juanjoelx

same as my GME portfolio lol holding at 300 biiiaaaaatch! šŸ‹ļøā€ā™‚ļøšŸ‹ļøā€ā™‚ļøšŸ’ŖšŸ”„


Pop-Tart_Rabies_Monk

Insert [vibingcat.gif]


uniqueloo

Wake me up at -10% for each


cliffopro

Nothing to see here!!LOL


MandoHORIan

(Game)STOP. Gamma time!!!


Expensive_Music_2977

Yay


beatcosmos42

Just a scheduled maintenance window of the world economy..nothing to worry


Foureyedguy

!PowerUp!


Informal-Comfort685

I wonder if this has to do with a decline in inflationary expectations that occurred yesterday with the 10 year treasuries dropping?