/biz/ - Business & Finance

>>59037054
Seems like a VC shit chain to me but I've been farming it and I'm gonna hold. I farmed a bunch of sui 6 months ago despite thinking the same and that worked out. Solana is also a VC scam chain. Sometimes the VC's know how to pump their scams really good.

Well I guess crypto is back.

>>58007246
And what did a computer calculation cost in 1940 vs 1950 vs 1960? Considering AI research is one of the last places we've concentrated nerds, it's not like we're regressing or stagnating on that front.

>>57734609
That was supposed to say 350k MC. And yea, logo is quite familiar now that you mention it. Kek. I DGAF. This is super low MC right now and its going to moon when it hits the DEX's

>>57680018
so what happened

>>57651711
At least it didn't break the October lows and 2019 support zone. Yet.

They seem to be hemorrhaging cash so I'd look at their turnaround plans (see their Investor Relations page & listen to the latest earnings call) as well as their balance sheet/financials (Marketwatch and TradingView usually have good summaries for that information)

They're competing against, what, casinos and sports bookies? So you may have a better time allocating some money to DKNG or WYNN/LVS/MGM/CZR (sorry I don't know casinos well enough to give a definitive answer)

>>57185696
You may want to reduce your position sizes or hedge with puts/inverse ETFs.

But hey, your P&L may very well be better than mine.

>>57043159
The top mover here would've netted you 971%: https://www.barchart.com/stocks/quotes/SBUX/options?expiration=2023-12-22-w

>>55592108
we had despair back in october

I have around $3k per month spare income, what do I do with it for mid-term gains? Even keeping up with fucking inflation would be good at this point. I'm currently putting it into an S&P 500 tracker fund which is doing not bad but again inflation is killing any gains. I already have crypto - put $60k in during the bull run like a retard and it's now worth $20k, I'm just sitting on that until the next bull run if it ever happens. So, what do?

>>54747155
$META | Meta Q1 23 Earnings:
- EPS $2.20 (est $2.01)
- Rev $28.65B (est $27.67B)
- Ad Rev $28.10B (est $26.76B)
- Facebook Monthly Active Users 2.99B (est 3.00B)
- Family Of Apps Oper Income $11.22B (est $10.32B)
- Sees Q2 Rev $29.5B To $32B (est $29.48B)

So I guess you're not supposed to do anything with K-1's? Like, even if you had BOIL or UCO in your IRA?

>>54140511
when you're a permabull every day is celebrated. if the market is up so is your account. if the market is down you have the opportunity to buy more. and if you don't have extra money at the moment, well worst case is you're temporarily embarrassed.

if you're a bear you have to time shit right constantly. sounds awful

>>54018922
Bailout news would force a +5% short covering rally?

>>54005045
If it's Worse than 2008? All bets are off, sure. But you can read up what happened to Lehman:
>Lehman’s bankruptcy caused minimal disruptions to most customers of its broker dealer, Lehman Brothers Inc. (LBI). One reason is that, by law, customer assets and Lehman’s own assets were segregated. Also, perhaps because the bankruptcy was to some extent foreseen, a large number of customer accounts transferred out before LBI’s default. The table below shows that free credit balances (which are similar to bank deposits) in LBI customer accounts declined more than 60 percent in dollar terms between May 2008 and September 19, 2008 (the date that LBI filed for bankruptcy). The number of items (a proxy for the number of accounts) declined over 20 percent.
-https://libertystreeteconomics.newyorkfed.org/2019/01/customer-and-employee-losses-in-lehmans-bankruptcy/

It was only really slow/retarded institutional level customers that suffered major inconvenience.

>>53736748
I'd say that's actually close to the best single item to look at, assuming you had to choose just one: pasta/grain, meat, cheese/dairy, some processing/labor component. Maybe frozen supreme pizzas would be better?

>>53361207
Maybe? Try messaging them and ask if they can come over to "model it for you".

>>53136186
>>53136285
>Judge Ordered Seizure of Money From FTX Digital Markets Accounts at Silvergate, Court Filing Says -- WSJ

>Silvergate Accounts Held About $93 Million, December Court Filing Says -- WSJ

So do we just DING DING DING now or?...

If the NASDAQ goes down by 50%, does SQQQ go up by 6x or only 150%?

>>52235159
Maybe that's countered by rampant tweaker shoplifting?

>>52210851
I guess those people are just illiterate. Like

>December would be a natural time to slow the pace of rate increases because officials could use new projections at that meeting to show they expect to reach a higher peak or terminal interest rate than they had previously anticipated, she said. The debate over the speed of increases could obscure a more important one around how high rates ultimately rise. “Going faster now is about raising the terminal rate,” Ms. Meade said.

directly foreshadows what Powell said about 75 -> 50 -> [? Higher than usual terminal rate for longer than previously thought].