Redditsux@lemmy.world to News@lemmy.world · 16 days agoDow drops 1,200 as US stock market leads a worldwide sell-off following Trump's tariff shockapnews.comexternal-linkmessage-square163linkfedilinkarrow-up1541arrow-down12cross-posted to: world@lemmy.worldworldnews@lemmy.mlprogressivepolitics@lemmy.world
arrow-up1539arrow-down1external-linkDow drops 1,200 as US stock market leads a worldwide sell-off following Trump's tariff shockapnews.comRedditsux@lemmy.world to News@lemmy.world · 16 days agomessage-square163linkfedilinkcross-posted to: world@lemmy.worldworldnews@lemmy.mlprogressivepolitics@lemmy.world
minus-squareandyquest@sh.itjust.workslinkfedilinkarrow-up1·16 days agoWell I just bought some inverse SP500 x3 ETF so I’ll hold onto that until we reach the new great depression
minus-squaregrue@lemmy.worldlinkfedilinkarrow-up5arrow-down1·16 days agoLOL, good luck with that. (Inverse ETFs , especially leveraged ones, don’t work the way you think they do. They don’t really work for anything but day-trading.)
minus-squareandyquest@sh.itjust.workslinkfedilinkarrow-up2·16 days agoU right, made up some of my losses today but I do plan to sell as soon as it looks sort of stable then I’ll just buy a long put
Well I just bought some inverse SP500 x3 ETF so I’ll hold onto that until we reach the new great depression
LOL, good luck with that.
(Inverse ETFs , especially leveraged ones, don’t work the way you think they do. They don’t really work for anything but day-trading.)
U right, made up some of my losses today but I do plan to sell as soon as it looks sort of stable then I’ll just buy a long put
That sounds like sunscreen