It is my belief that everyone keeps asking the wrong questions. Let’s work together to figure out the exact day markets are expected to turn. via /r/wallstreetbets #stocks #wallstreetbets #investing
It is my belief that everyone keeps asking the wrong questions. Let’s work together to figure out the exact day markets are expected to turn.
Everyone keeps on asking which stock to invest in, but what I want to know is when is everyone’s margin maintenance requirement due? I want to know when do you have to have your positions covered(mainly worried about schwab, TD and people whose margins are covered by the bank because everyone else is too broke to influence the market)? If the people who are spending millions of dollars on margin all have to cover half of their positions due to expected volatility, doesn’t that mean that the trading companies are preemptively creating volatility by forcing people to cover early?
It is my belief margin requirement dates are what will drive the market on the next leg, not bond yields, covid vaccine news(still a year away from being released publicly), antibody news(too expensive to give to everyone), and overlooked unemployment numbers.
Personally, I feel like the macros have been “selling the news” as evidenced by Pfizer’s recent drop, the drop post Boeing earnings, and many other similar events. If anyone can provide when their adjusted margin requirements are due I would greatly appreciate it and I’m sure others would too!
Submitted November 11, 2020 at 01:03AM by TreeHugChamp
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