Almost 2 Years Ago
3 Min Read
What they're talking about on /r/Wallstreetbets this morning
What do SPY, GME, and AMD have in common? They're all chattering on /r/Wallstreetbets this morning.
The traders on /r/Wallstreetbets are all about SPY today, while over on /r/investing they are blathering about GME. Meanwhile, over at /r/valueinvesting, GME is today's hot topic.
Overall, WSB sentiment is bearish compared to bearish yesterday and bearish the previous week. CORN, QQQ, AAPL were the most bullish while traders are less optimistic about UVXY, SPY, AMD.
Moving along, the top ranked comments today are:
readyforleanfire - 4113 upvotes - source
We got 99 problems but EUR ain't 1
TheBetterTheta - 3441 upvotes - source
“In a time of prolonged market volatility, the SEC has announced that it is giving the green light to funds that utilize derivatives to take a leveraged or inverse position on single securities as the latest complex product to come to market.” Translated: “Greedy rich fucks absolutely demolish our market from within, causing volatility. To combat this greedy rich fuck volatility, we give greedy rich fucks the ability to bet against you and against companies with as much fake money as they want to poof out of thin air, with as much leverage as they desire… Sorry, I’ve only been in office for 97 weeks”
Ooofgang737MAXX - 3414 upvotes - source
Well gme can’t be the first one. Would cause fomo
Ok_Work1870 - 3369 upvotes - source
**The Town of Coca-Cola Millionaires** How Quincy, Florida became the richest town per capita due to one man's shrewd business acumen and taste for fizzy drinks. 👀
kidcrumb - 3231 upvotes - source
Transparency is never a bad thing. These companies already keep track of 100% of the trades they do. They just don't want to share that information with the SEC.
d0rsett - 2955 upvotes - source
CPI is a lagging indicator, markets are forward looking. Forward looking means it’s a casino.
onceuponanutt - 2880 upvotes - source
What fantastic news! Remember in 2008 when about 12 months of inflation rising slowly from 3% to 5% violently crashed the housing market and greater economy? And now in 2022 we're experiencing rapidly rising inflation from 2% to well over 10% over \~18 months, and they're still scrambling? That means the people who usually win still aren't winning. They have not yet repositioned themselves to an advanageous position. And guess what, dickweeds, you're not going to. Get fucked.
BhagavadHodl - 2375 upvotes - source
The investment world is not dominated by retail investors. It's dominated by institutions with mandates and heavy regulations. You and I may not perceive Bitcoin as a risk asset, but those institutional investors certainly do. When inflation is high and interest rates are high, institutional money managers go risk off. They sell off their risk assets to buy cash or cash flowing equity. We live in a world where cash is still king. Bitcoin only has 10 years of network effects. The dollar has about 60 years of network effect. It takes time for people to understand what kind of money Bitcoin is, especially when everyone only knows money as government debt that can be created at infinite. It took me about 5 years before I took Bitcoin seriously. Bitcoin is a CDS on government liability. Think of it as insurance against government created moneys Edit: Thanks for the award stranger(s). Remember, liquidity is what people need when the total number of dollars in the system is shrinking. 2nd Edit: I hope this helps new hodlers to ask the important question of what is money. The world is becoming digitized. Money will be no different. My bet is that BTC is the best option we have for a secure, digital money that allows the users a degree of sovereignty to hold their own wealth without counterparty risk. Banks are counterparties, New York stock exchange is a counterparty, Fidelity is a counterparty. You own claims to the assets not the underlying assets themselves. You hope that the counterparty will uphold their end of the obligation and give what is owed to you when you need to liquidate them. Bitcoin flips this on its head using encryption, finite tokens, and a network that anyone can participate in. 3rd and final Edit: New hodlers please familiarize yourself with the works of Jeff Booth, Saifedean Ammous, Preston Pysh, Luke Gromen, Lawrence Leppard, Jeff Snyder. These individuals are among the best and brightest minds of macro economics. BTC is now a contender in macro economics and should be studied as such. Don't be lazy, do your research and know what you own. You all have unlimited potential and BTC will help you unlock that potential by giving you a lower time preference. Making money is not the goal. Retaining purchasing power is the goal. Increasing your purchasing power comes after retaining your purchasing power.
UndesiredEffect - 2163 upvotes - source
I've never wanted to sell everything I have and go all in on a stock this badly... at this point it's not even for money, it's out of spite.
TheLightWan - 2058 upvotes - source
I bet there's a bunch of companies wishing for someone to come up with a decentralized exchange so they can pull out of this cess pool.
SubjectSubjectSub - 1936 upvotes - source
I wonder if these single stock ETFs will be borrowed against by market makers to "operationally short" stocks and then FTD said stocks. Oh wait. No I'm not wondering. I know that's what they're doing [ETF Short Interest and Failures-to-Deliver: Naked Short Selling or Operational Shorting? | Richard Evans UVA](https://youtu.be/ncq35zrFCAg)
dummywithwings - 1912 upvotes - source
Thomas the Train never saw so much Bullshit gif.
The traders on /r/Wallstreetbets are all about SPY today, while over on /r/investing they are blathering about GME. Meanwhile, over at /r/valueinvesting, GME is today's hot topic.
Overall, WSB sentiment is bearish compared to bearish yesterday and bearish the previous week. CORN, QQQ, AAPL were the most bullish while traders are less optimistic about UVXY, SPY, AMD.
Moving along, the top ranked comments today are:
readyforleanfire - 4113 upvotes - source
We got 99 problems but EUR ain't 1
TheBetterTheta - 3441 upvotes - source
“In a time of prolonged market volatility, the SEC has announced that it is giving the green light to funds that utilize derivatives to take a leveraged or inverse position on single securities as the latest complex product to come to market.” Translated: “Greedy rich fucks absolutely demolish our market from within, causing volatility. To combat this greedy rich fuck volatility, we give greedy rich fucks the ability to bet against you and against companies with as much fake money as they want to poof out of thin air, with as much leverage as they desire… Sorry, I’ve only been in office for 97 weeks”
Ooofgang737MAXX - 3414 upvotes - source
Well gme can’t be the first one. Would cause fomo
Ok_Work1870 - 3369 upvotes - source
**The Town of Coca-Cola Millionaires** How Quincy, Florida became the richest town per capita due to one man's shrewd business acumen and taste for fizzy drinks. 👀
kidcrumb - 3231 upvotes - source
Transparency is never a bad thing. These companies already keep track of 100% of the trades they do. They just don't want to share that information with the SEC.
d0rsett - 2955 upvotes - source
CPI is a lagging indicator, markets are forward looking. Forward looking means it’s a casino.
onceuponanutt - 2880 upvotes - source
What fantastic news! Remember in 2008 when about 12 months of inflation rising slowly from 3% to 5% violently crashed the housing market and greater economy? And now in 2022 we're experiencing rapidly rising inflation from 2% to well over 10% over \~18 months, and they're still scrambling? That means the people who usually win still aren't winning. They have not yet repositioned themselves to an advanageous position. And guess what, dickweeds, you're not going to. Get fucked.
BhagavadHodl - 2375 upvotes - source
The investment world is not dominated by retail investors. It's dominated by institutions with mandates and heavy regulations. You and I may not perceive Bitcoin as a risk asset, but those institutional investors certainly do. When inflation is high and interest rates are high, institutional money managers go risk off. They sell off their risk assets to buy cash or cash flowing equity. We live in a world where cash is still king. Bitcoin only has 10 years of network effects. The dollar has about 60 years of network effect. It takes time for people to understand what kind of money Bitcoin is, especially when everyone only knows money as government debt that can be created at infinite. It took me about 5 years before I took Bitcoin seriously. Bitcoin is a CDS on government liability. Think of it as insurance against government created moneys Edit: Thanks for the award stranger(s). Remember, liquidity is what people need when the total number of dollars in the system is shrinking. 2nd Edit: I hope this helps new hodlers to ask the important question of what is money. The world is becoming digitized. Money will be no different. My bet is that BTC is the best option we have for a secure, digital money that allows the users a degree of sovereignty to hold their own wealth without counterparty risk. Banks are counterparties, New York stock exchange is a counterparty, Fidelity is a counterparty. You own claims to the assets not the underlying assets themselves. You hope that the counterparty will uphold their end of the obligation and give what is owed to you when you need to liquidate them. Bitcoin flips this on its head using encryption, finite tokens, and a network that anyone can participate in. 3rd and final Edit: New hodlers please familiarize yourself with the works of Jeff Booth, Saifedean Ammous, Preston Pysh, Luke Gromen, Lawrence Leppard, Jeff Snyder. These individuals are among the best and brightest minds of macro economics. BTC is now a contender in macro economics and should be studied as such. Don't be lazy, do your research and know what you own. You all have unlimited potential and BTC will help you unlock that potential by giving you a lower time preference. Making money is not the goal. Retaining purchasing power is the goal. Increasing your purchasing power comes after retaining your purchasing power.
UndesiredEffect - 2163 upvotes - source
I've never wanted to sell everything I have and go all in on a stock this badly... at this point it's not even for money, it's out of spite.
TheLightWan - 2058 upvotes - source
I bet there's a bunch of companies wishing for someone to come up with a decentralized exchange so they can pull out of this cess pool.
SubjectSubjectSub - 1936 upvotes - source
I wonder if these single stock ETFs will be borrowed against by market makers to "operationally short" stocks and then FTD said stocks. Oh wait. No I'm not wondering. I know that's what they're doing [ETF Short Interest and Failures-to-Deliver: Naked Short Selling or Operational Shorting? | Richard Evans UVA](https://youtu.be/ncq35zrFCAg)
dummywithwings - 1912 upvotes - source
Thomas the Train never saw so much Bullshit gif.
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