patrick.net

European Financials ETF: worst 1-day decline (-16.6%) on the highest volume in its history (6m shares). $EUFN

It was all a fake global ecconomy propped up by the scheming global elite is what all of this means.
People are pulling their money out. People are fed up and there's no telling how far down the rabbit hole the righteousness may go.

But Trust me! We'll be better off without THEIR money, and them not being in charge dicating who works and who wins for their effort.

So in other words...

Fuck 'Em!!!

Great! British exports are going to explode in the next quarters.

Bad for banks, good for the North.
www.youtube.com/embed/QzivmOQWkVQ

Tenpoundbass says

People are pulling their money out.

As you can imagine, never been bullish on Europe,

Bad demographics, they're even more cry babies than the extreme left and right we have here in America, but over there they actually mean it where the cry babies here actually don't believe their own non sense they speak off

But Europe... I mean... if they want to go this route.... I mean everyone, you can have some chances to make money at some point

Back to the #USA

All good here, it delayed breaking into all time highs for a little bit longer

Strong demographics

10 year channel didn't break again, impressive, closed at 1.57%

If we can get a close under 1.56% and then follow through action the next day with closing lower yields, then you got a shot at new cycle lows in yield

But this 1.60% area has held even with all the pathetic drama out of Europe for many years.

Good time to take a trip to London!

thunderlips11 says

Bad for banks

I think that the financial oligarchs are not going to let Brits go lightly. Controlling a country financially is very profitable rental income. I think we'll see a lot more drama in the coming months and maybe years. Not sure if it'll be a dead cat bounce or not on wall street, but uncertainty will sure be there.

Logan are you buying anything long, day trading, or waiting? If you don't mind sharing your strategy these days.

FortWayne says

If you don't mind sharing your strategy these days.

Our markets didn't do enough damage to be worth it

MASI, TWTR, GPRO, not enough damage.

I always pick up some PST and sell the first rips when the 10 year gets to 1.60% level but that a hedge against my biz port. complex boring topic Not worth it to anyone.

DB looks interesting right here with a 4.20% yield, that's the only BRET EXIT stock that I am looking at

Anything trading below 2007 levels that isn't a coal company is pricing the worst future possible.

HP that I liked under $45 is now $66 oil is up and now it's getting upgrades, it has less value now than it did when oil was crashing

UNXL, high bet play I recently picked up, as I mentioned before, one of the reasons why I was dumping the shares from 1.70 - 2.70 is that I knew they would have to do a secondary soon.

They did, they priced it at $1.50, I picked up some under $1.50 but I am out over 67% of the trade.

So, really, not much

For all the Black Swan talk.... it's not a domestic issue

KBH

When we talked about it at $10 now near $15, that doesn't have much value going out either unless they get bought out and that isn't good enough to buy a stock, price is at $14.82

Logan Mohtashami says

Good time to take a trip to London!

And to buy UK etfs or call options... $$$

Thanks Logan.

Felt similar there, not big enough crash to really go in significantly, but not a bad 4% discount. Financial entities are hit harder though, about 8-9% average, really tempting to buy just to get that 9% discount. (C, JPM)

FortWayne says

(C, JPM)

I just don't like the Banks in a low rate enviornment ... DP because it's being priced to death looks interesting to me

When you get into no man's land chart wise you just don't know how much down side you have because we all know how the mad rush of selling

If you forced my hand I would only buy DP and have a strict stop loss not to far from closing price Friday.

Outside of that, I can't see anything that is worth it

Whats DP?

Logan Mohtashami says

Good time to take a trip to London!

London sucks even at a discount....

Sharingmyintelligencewiththedumbasses says

London sucks even at a discount....

Really?

I have never been to London. Big history buff, would imagine the museums would be worth the trip alone. Too late anyway, going to Mexico instead.

FortWayne says

Whats DP?

Deutsche Bank, DB isthe ticker symbol

Logan Mohtashami says

I have never been to London. Big history buff, would imagine the museums would be worth the trip alone. Too late anyway, going to Mexico instead.

London does have a lot of history to see. If you got kids they'll love it even more. A lot of UK has adventurous places and interesting cultures, that's probably the best part.

Logan Mohtashami says

Deutsche Bank, DB isthe ticker symbol

Wow that is almost fire sale. Thanks for sharing. Got to say though, with their EPS (I'm an EPS kind of investor) that proposition looks like major risk.

Looks like the markets gave up on the panic, and are coming back up.

Taxes taken out of income destroy the economy - the money might as well be literally burnt.

Taxes taken in the form of tariffs grow the economy - the government spends the money raising rainbow-shitting unicorns.

HydroCabron says

the government spends the money raising rainbow-shitting unicorns.

Taste

www.youtube.com/embed/YbYWhdLO43Q