who knows it could go deeper than it is now but one thing i know for sure is that large stocks are now 30-50% cheaper than the last peak and it's good price to buy in.

I'm looking at below.

most these stocks already hit weekly 120 lines.

AMZN

APPL

MSFT

CRM

GOOGL

META (still could go down)

if we can't buy now because of fear, we can never buy when real chances come.

• Dotcom Crash 2000-2002 - 49%
• Global Financial Crisis 2007-2009 - 57%
• Flash Crash 2010 - 9% in a few minutes
• European Debt Crisis 2011 - 19%
• 2018 Correction - 20%
• Covid Crash - 33%
• 2022 Bear Market - 25%

So far from the peak, we're down about 11.5%. That's already a pretty significant amount. So what do you guys think?

https://www.newsweek.com/trump-responds-market-turmoil-tariffs-2055053

“A reporter asked Trump how he thinks things are going as U.S. markets continue plunging in response to his tariffs, which were announced on Wednesday.

"I think it's going very well," Trump replied. "It was an operation, like when a patient gets operated on and it's a big thing. I said this would exactly be the way it is. We have six or seven trillion dollars coming into our country and we've never seen anything like it."

He added: "The markets are going to boom, the stock is going to boom, the country's going to boom. And the rest of the world wants to see, is there any way they can make a deal. They've taken advantage of us for many, many years. And many years we've been at the wrong side of the ball and I'll tell you what, I think it's going to be unbelievable."

The cycle we are currently starting:

1️⃣ Higher tariffs tank the stock market and raise prices for consumers to offset increased costs

2️⃣ People with money buy up the stocks at a discount

3️⃣ Tariffs end and costs for business go back down but the prices stay the same

4️⃣ Corporations profit big and increase margins while consumers are stuck with even higher prices

What an exciting time! (If you alreadyy have a lot of money to invest)

Link

UK market has closed. The FTSE 100 has suffered the biggest one day fall since the beginning of Covid five years ago.

The UK index closed 4.9% lower - that's the biggest drop since 27 March 2020.

I feel like such a noob, but this is my first experiment with shorting a stock.
On 28 Mar when RDDT was around 111$, I bought a put contract that it would drop to 80$ by 25 Apr.
It's around 86$ rn and on my RH screen if I 'click sell to close' there's a green submit button and it seems to be saying I'd get around 750$.
Is that right that I don't have to wait for 25 Apr or for it to drop to 80$? I can close now and grab some profit?

https://www.nytimes.com/live/2025/04/03/business/trump-tariffs

President Trump said Thursday he would unveil additional tariffs on imported semiconductors and pharmaceuticals. Speaking to reporters on Air Force One, he said the chip tariffs are “starting very soon,” and that the pharma-related tariffs are “under review right now.”

There was speculation that semiconductors would be left out, it looks like they will be separate from the tariffs that went into effect today

Impacted companies off the top of my head would be TSMC, Nvidia, AMD, Broadcom, Qualcomm, Micron, and SK Hynix

But I don't think fabless chip designers really have any options outside of TSMC for cutting edge chips, so at least in the short to medium term I don't see designers flipping to other fabs.

ASML is another one, unless these tariffs absolutely tank demand for chips (which is certainly plausible), I don't see much impact to them because there are no other alternatives

What are your thoughts?

I need someone to explain this to me like I’m 5. If stocks are at absolute zero right now, and I put like $100 across a lot of different companies, would it not only go up from there? Obviously the economy is crashing, but people aren’t gonna let it keep crashing, so couldn’t a random just invest a bit of money into it without any repercussions??

Hello. I’m also an investor, with a lot of my money in the market. More probably than I should. Yes it sucks. But let me tell you all something I’ve invested 3 times in my life:

Summer of 2015

January 2020

January 2022

Go look at the numbers at that time. It always dropped, I had bad luck. But you know the mistake I made the first two times, I SOLD. And I lost. I look back and if I kept on, I’d be up. Dude these companies haven’t changed, and unless you invested in meme stocks, they aren’t going away. DCA if you want, or don’t, but just don’t sell. That’s how “they” win. Just hold. This might take 4 months, might take 4 years. It sucks, pick up a second job, live on rice, beans, and spam. But just wait and don’t lose like me. JUST WAIT. You think Apple/Nvidia/microsoft are suddenly not important? You think the all of americas value and its thrive for world dominance is dead? It’s not! Regardless of what the current president is doing, just wait it out. It’s going to be good.

Have you already started buying stocks, or are you waiting a bit longer? I’m unsure whether to start buying if the price falls further on Monday, or if I should wait until the EU announces any tariffs

Hey guys. I’m not really educated on this topic and I would like to get an honest answer about what the future holds because of these tariffs. I keep seeing republicans shout that this is short term pain for long term gains and that liberals are too emotional and stupid to see this.

My question is, is this true? It seems pretty fucking stupid if that were the case but I have no knowledge on this subject and I wanted to ask you guys if this is even possible or is this just wishful ignorant thinking? How will this impact stocks in the long run?

Thank you.

I have been a big US stock market bull for most of my investing life, and I have been right until recently. The S&P500 have some of the best companies that exists on this planet. The entire country is positioned to create, feed, and grow corporations. The well-being of Wall Street is always placed ahead of Main Street, and even in front of the well-being of the government itself.

It doesn't matter if the government goes deep into debt, or the people don't receive proper access to healthcare or infrastructure, so long as those top corporations are taken care of. As long as these corporations are doing well, there will be a trickle-down effect to benefit the people and the government.

And it works, more or less. On paper, the US economy is #1 in the world. The byproduct is the S&P500, and a stock market that only goes up.

The events that unfolded on Wednesday makes me think the Trump administration REALLY wants to fix Main Street. They want to bring manufacturing back to American soil. They want to attempt to balance trade deficit and reduce fiscal debt. Part of me feels like they are trying to fix something that is not broken. Just look at the revenue and profit numbers in the S&P500 - they are at all time high! The stock market is near all-time high! Everything is great! But it seems like this government doesn't want corporations to lead the charge anymore. They are refocusing on the well-being of Main Street and the government balance sheet, which the US hasn't done for a long time.

Contrast the US with 2 other major economies, China and Europe where government efforts are often focused on the well-being of Main Street. The government works for the people, making sure they are well fed with access to healthcare and proper infrastructure. High speed rail lines are built across Europe and China to make people's lives easier. In the US, there are no high speed rails because the the Detroit big 3 lobbies the government to build out the interstate highway over rail, and the US government listened. In China and Europe, corporate profits are often taking the back seat, and that is partly why European and Chinese corporations have always been shitty investments.

You would think the party at Wall Street would continue given that they have elected a billionaire who is friends with so many corporate CEOs and major stakeholders. What is exactly going on? Is this a shift in priority?

I’m currently researching a few funds and I wanted to get second opinions on these or alternatives: VEIRX/VEIPX, VWNAX, VPCCX and VWENX.

I’m leaning toward VEIRX at this point but each seems to have pros and cons.

Tittle say it all, I'm not new to the market but fairly new to option plays and still learning. Given the negative sentiment and fear within US market in the last few days and possibly upcoming months. What prevent everyone from buying tons of puts and make tons of money? Its like 80-90% chance that market will keep going down in the next few months so the chance of winning with puts must be pretty high, no?

The US has launched multiple rounds of tariffs on China and China has counterpunched each time without engaging in any trade negotiations whatsoever. So it’s become clear to me that this is a race to the bottom and time to throw out the d-word again. If they do decouple, which companies could theoretically profit from this, or should I just short every stock that has a major Chinese factory?

For now, I assume the obvious short targets are AAPL, BA which have massive exposure in terms of supply risks. And demand side, I’m looking at SBUX/ WMT which derive large revenue streams from the market. Is there perhaps any unexploited stocks worth shorting right now?

https://www.ft.com/content/2a6e388e-d4b6-4774-8c47-76dcb13e14b9

Stellantis said that it would furlough 900 workers at five plants in the US and temporarily shut production in Canada and Mexico, marking the first major fallout on American automotive workers from President Donald Trump’s newly launched tariff war.

The manufacturer of the Jeep, Ram and Chrysler brands announced the temporary job cuts only seven hours after a 25 per cent tariff on all foreign cars imported into the US went into effect.

Trump has touted the tariffs as a way to bring manufacturing back to the US, but analysts have warned of massive disruption to global automotive supply chains and job risks as prices of US vehicles rise and sales of vehicles decline.

Stellantis said transmission, stamping and casting facilities in Michigan and Indiana would be affected given that they provide parts to the assembly plants in Canada and Mexico. The plant in Windsor will pause production for two weeks from next week, while its plant in Toluca will be shut for a month.

In an internal memo sent out on Thursday morning, Antonio Filosa, the group’s North American head, said the company was still assessing the medium and long-term effects of the new US tariffs, but he warned that “immediate actions” were warranted.

“These are actions that we do not take lightly, but they are necessary given the current market dynamics,” said Filosa.

More in the article

I know nothing about economics at all, I am just curious. I know the loose criteria for it to be labelled a depression, but I’m just wondering what you all think the chances are of it getting that bad. I’m only wondering because previous recessions of the last 20 years have been things that could conceivably be bounced back from once things settled, but with such a huge shift globally, won’t it take a lot longer for this to settle (if that’s even the right word)?

Currently the s&p 500 is sitting at a trailing P/E ratio of about 25. Historically, the median trailing PE ratio is about 16. This means, the S&P would still need to drop about 35% to get to the historical median trailing P/E ratio. Your beloved VOO needs to drop to 295$ to be on par with historical P/E ratios. It makes sense why the value investing Warren Buffett still has cash on the side.

With stocks still so over priced, I think it makes sense the tariffs have had such a large impact on prices. I’m sure if Trump queefed too loudly the market would see it as a reason to get get out at these historically high valuations. I would not be surprised if we continue to see some selling until the P/E ratios get back to a somewhat historical levels. Thoughts?

This is the daily discussion, so anything stocks related is fine, but the theme for today is on fundamentals, but if fundamentals aren't your thing then just ignore the theme.

Some helpful day to day links, including news:

• Finviz for charts, fundamentals, and aggregated news on individual stocks
• Bloomberg market news
• StreetInsider news:
  • Market Check - Possibly why the market is doing what it's doing including sudden spikes/dips
  • Reuters aggregated - Global news

Most fundamentals are updated every 3 months due to the fact that corporations release earnings reports every quarter, so traders are always speculating at what those earnings will say, and investors may change the size of their holdings based on those reports.

Expect a lot of volatility around earnings, but it usually doesn't matter if you're holding long term, but keep in mind the importance of earnings reports because a trend of declining earnings or a decline in some other fundamental will drive the stock down over the long term as well.

But growth stocks don't rely so much on EPS or revenue as long as they beat some other metric like subscriber count: Going from 1 million to 10 million subscribers means more revenue in the future.

Value stocks do rely on earnings reports, investors look for wall street expectations to be beaten on both EPS & revenue. You'll also find value stocks pay dividends, but never invest in a company solely for its dividend.

See the following word cloud and click through for the wiki:

Market Cap - Shares Outstanding - Volume - Dividend - EPS - P/E Ratio - EPS Q/Q - PEG - Sales Q/Q - Return on Assets (ROA) - Return on Equity (ROE) - BETA - SMA - quarterly earnings

If you have a basic question, for example "what is EBITDA," then google "investopedia EBITDA" and click the Investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

Useful links:

• Investopedia page on fundamental analysis including Discounted Cash Flow analysis; see definition here and read their PDF on the topic.
• FINVIZ for fundamental data, charts, and aggregated news
• Earnings Whisper for earnings details

See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

I'm thinking of pulling all my stocks because I don't think it's going to get better anytime soon. I don't want to impulse sell though and have everything recover in a day or two. How's everyone feeling?

https://fortune.com/2025/04/03/trump-tariffs-treasury-secretary-bessent-equity-market-sell-off/

Futures contracts on the S&P 500 and the Nasdaq 100 dropped sharply once markets learned that starting next week the U.S. will hit goods from China with an additional 34% duty, not to mention 20% on those from the European Union and 24% on those from Japan. Former Harvard economist Lawrence Summers calculated roughly $1.5 trillion in market value was wiped out in the course of about an hour.

Despite being able to trace the equities futures sold off to this moment, administration officials dismissed the afterhours movement and instead blamed the stock prices slump on DeepSeek, the open source AI model from China that punctured tech valuations in January.

“What I would point out is that the Nasdaq peaked on DeepSeek day,” Treasury Secretary Scott Bessent told Bloomberg TV on Wednesday. “So that is a MAG-7 problem, not a MAGA problem.”

Silly remarks like this aside, do we think tariffs will shift AI spending priorities for companies? I imagine the cost of building out datacenters will dramatically increase

I saw this report from Bloomberg today about Microsoft scaling back datacenter plans: https://www.bloomberg.com/news/articles/2025-04-03/microsoft-pulls-back-on-data-centers-from-chicago-to-jakarta

Growing up, I often heard advice around tracking Warren Buffet’s actions as a good way to invest. I know he missed out on big wins but overall he’s still a big winner. His latest cash out move is the mic drop https://www.businessinsider.com/warren-buffett-memes-stock-market-crash-cash-pile-apple-quotes-2025-3

Hey all, I want to be prepared for the inevitable as Netanjahu and Trump will surely like to bring Iran down for good. I assume this will be a bloodbath. Which stocks will it hit the most? As soon as I get the I will short a stock with the highest leverage I will find. Any suggestions?

https://www.cnbc.com/2025/04/03/oh-sh-rh-ceo-reacts-live-to-stock-tanking-on-tariffs-poor-earnings.html

RH CEO Gary Friedman watched the luxury furniture retailer’s stock tank during its earnings conference call with analysts Wednesday amid the unveiling of President Donald Trump’s tariff policy. Two words summed up the situation: “Oh, sh--. OK. ... I just looked at the screen. I hadn’t looked at it. It got hit when I think the tariffs came out. And everybody can see in our 10-K where we’re sourcing from, so it’s not a secret, and we’re not trying to disguise it by putting everything in an Asia bucket.”

Shares plunged more than 40% as investors responded to the double-whammy of RH releasing its poor earnings report and Trump’s levies on foreign countries. If that move holds through Thursday’s session, it would mark the California-based company’s worst day in its 13-year history on the public market.