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Okay, I understood 24/7 market is somehow bad for day traders. The question is: what is the purpose of stock exchange? In my opinion it is bringing capital / investors together with enterprises in need of financing. Is this easier in a 24/7 market? I think yes, as it brings no downside for investing. So further question: do day trader add any benefit to the market? I think you could argue yes, as they bring liquidity, but is this extra liquidity necessary for a 24/7 market with the real purpose of investing? I doubt it.
Well, looks like we're gonna find out. I will be watching, waiting to see how it's working and I'll be 99% cash. I'll also probably not ever again trade individual tickers, only options on 2 indexes. Might go 100% futures. Y'all feel free to be the guinea pigs but remember, if you think the market is a sh*t show now, just wait. The big boys want more of your money and they will find a way.
Thanks for your submission! r/WallStreetBets is known for making absurd but sometimes profitable trades that no one ever considered possible. To keep making that possible, we need your help in keeping the feed of threads interesting and exciting. We try to move all the short and basic questions, analysis, or jokes to the daily thread so that the best quality content can stick around and be more visible. This is definitely a bit subjective, and there are no hard and fast rules, but a few indicators that your post should have really been a comment in the daily thread include: * Asking a question that is easily googleable or has likely been asked before. E.g. "What app should I use?", "What should I invest in?". * Beating a meme to death, like the 10 millionth, "inverse cramer" joke again. * Reposting jokes from the front page but slightly altered to be related to trading. --- All that being said, we are here to help. We want to make it as easy as possible for you to post to our community. We have to balance this with making the subreddit interesting for our readers. If you need some guidance, don't hesitate to [reach out to modmail](https://old.reddit.com/message/compose/?to=/r/wallstreetbets) and we'll give you some pointers!
As the lorax says: “a tree falls the way it leans, be careful which way you lean”
Copilot: [1]: https://www.aaii.com/investingideas/article/205367-why-immunitybio-inc8217s-ibrx-stock-is-up-4384 "" [2]: https://finance.yahoo.com/quote/IBRX/news/ "" [3]: https://www.nasdaq.com/market-activity/stocks/ibrx/news-headlines "" [4]: https://edition.cnn.com/markets/stocks/IBRX "" [5]: https://www.wsj.com/market-data/quotes/IBRX "" Certainly! In February 2021, **Immunitybio Inc (IBRX)** experienced significant developments that impacted its stock price. Here are some key news articles related to IBRX during that time: 1. **Positive Overall Survival Results for ANKTIVA in Lung Cancer**: - Immunitybio announced positive overall survival results in the QUILT 3.055 study of 2nd- and 3rd-line non-small cell lung cancer (NSCLC) patients who progressed after checkpoint inhibitor therapy (pembrolizumab, nivolumab, or atezolizumab) and standard-of-care chemotherapy. The unique mechanism of action of ANKTIVA (N-803) contributed to these promising outcomes¹[1][1]. 2. **FDA Approval of ANKTIVA for BCG-Unresponsive Bladder Cancer**: - The U.S. Food and Drug Administration (FDA) approved ANKTIVA (N-803) plus Bacillus Calmette-Guérin (BCG) for the treatment of patients with BCG-unresponsive non-muscle invasive bladder cancer (NMIBC) with carcinoma in situ (CIS), with or without papillary tumors²[2][2]. 3. **Bladder Cancer Therapy Milestone**: - ImmunityBio's bladder cancer therapy, Anktiva, received FDA approval. Dr. Patrick Soon-Shiong, Executive Chairman of ImmunityBio, highlighted Anktiva's potential as the next generation of immuno-therapy. The drug demonstrated complete remission that was durable for 47 months and longer, making it a significant breakthrough²[2][2]. For more detailed information, you can explore the provided news sources. Keep in mind that stock prices can be influenced by various factors, including clinical trial results, regulatory approvals, and market sentiment¹[1][1] ²[2][2]. Source: Conversation with Bing, 4/27/2024 (1) Why Immunitybio Inc’s (IBRX) Stock Is Up 43.84%. https://www.aaii.com/investingideas/article/205367-why-immunitybio-inc8217s-ibrx-stock-is-up-4384. (2) ImmunityBio, Inc. (IBRX) Latest Stock News & Headlines - Yahoo Finance. https://finance.yahoo.com/quote/IBRX/news/. (3) ImmunityBio, Inc. Common Stock (IBRX) News Headlines | Nasdaq. https://www.nasdaq.com/market-activity/stocks/ibrx/news-headlines. (4) IBRX Stock Quote Price and Forecast | CNN. https://edition.cnn.com/markets/stocks/IBRX. (5) IBRX | ImmunityBio Inc. Stock Price & News - WSJ. https://www.wsj.com/market-data/quotes/IBRX.
It surely has a huge effect on your personal life. I have been years in crypto, investing passively but lately I have tried futures. You get so many professional level tools to do so many different kind of trading that you can spend your waking hours on the exchange. Past month or so I have made little plays with futures and you check the fucking app all the time. Going to sleep, check for the "markets", see that your positions are at -30% withing 30 minutes and now have some sleep! Then again it's 2024. If I want to buy NVDA at 3 in the morning, I would like to. Stock markets are not that volatile that you need to be there all the time. Sure you can see +10% dips or gains sometimes. in a day On crypto that happens every week, sometimes within minutes.
So, one could run a successful company and be a lying scumbag at the same time? Whoa, if true.
Interesting. There really isn’t much of a difference between 1987 and 2024 except everything.
Yeah now just imagine those same people get another 17 and a half hours a day plus another two weekend days to do what you just said And you think it’s irrelevant🤣
He was a whistle-blower at Boeing.
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