/biz/ - Business & Finance

>>22994508
HEAR, HEAR!
A FANCY FEAST FOR MEow, AND AN ETERNAL "FUCK YOU" TO JANNIES GLOBALLY!

>>22934222

>>21657261
It's afternoon in Asia and they all just did a spit take with their tea when they read the OMG news.

>>21565933
Jeff wins again.

What you guys think we're hitting by eoy? I think we can hit $2.

Picked up a hot 20k poorfag stack, will accumulate moar if it dips.
Time to get comfy, STAggots

>>21124526
https://www.youtube.com/watch?v=dkedupX73xs

How will Canadian ETFs of American stocks trade tomorrow?

>>19624306
nice kots fren

Bitcoin will never, ever, ever, be below 10,000USD again.

>>19388200
hey bud, put down the gun and grab a treat, get comfy

>>19176680
kek

>>18982858
Anons, please correct me where I'm wrong. From what I've gathered...
>1. Contango almost gone
this is irrelevant. The changes in crude price appear to wholly be speculation, and they will be shocked when we approach (or hit) global capacity. When there is no place left to take oil, tankers will be able to take huge premiums as the supply of storage will be too small in all other places.
>2. Daily rates crashing to all time lows
this should refer back to 1, as the rates are wholly speculative.
>3. Dumb money has already left and wont be back
This is correct, but whether it will be back or not is a different question
>4. Tanklets dont understand dividends
not an argument
>5. Tanklets dont understand that stocks value are based on future earnings
refer to one
>6. Brandon told them much of this and they didn't listen and already lost money; now mad at all Brandons
not an argument
>7.No catalyst for rising stock price
future earnings, refer to one.
>8. 2nd qtr earnings good
correct
>9. 3rd qtr and beyond losses as far as you can see
contracts are longer term, whether or not the tankers are able to charge absurd premiums (which they likely will), they are likely to post good earnings for at least the whole of 2020.
>10. Excess ships will be scrapped setting stage for a week recovery in 2027
neat

>>18841976
Did you sell at 7k and got left behind?

SAD!

>>18836151
based

God is real, lads

>>18741089
>he didn't but the dip

sad!

>market is down
>I'm 100% long
>I'm up 3% on the day
So this...is the power...of value investing...

>Air Canada up 11% today
>Sleep Country up 20% since Friday
>Canadian Tire up
>BMO up
>BAM up
>even Telus is up
What the fuck I love Canada now

>>18733045
straight up based. Thanks bro

>>18730706
C, JPM, WF, and BAC should all do really well, don't get me wrong, but if you sincerely think that we're more likely to see another 20% up before a 20% down, i think you're out of your mind.

Daily reminder that if your account is worth less than 10k USD, your opinion on the market or what specific stocks to buy is irrelevant and you have no business posting here.

In before:
>I made a whole $400 once and 400% on a trade! I'm skilled at trading and ur just jealous11111!

*taps fancy feast can*

AHEM!

I have a meowncement to make!