/biz/ - Business & Finance

>>57027822
The reason why bobos fell off is because they got massively liquidated, the whole lot of them. Just look at that most recent peak and then it's just down down down. The massive bull runs this year have completely eviscerated the bobo's confidence

>>56858070
Wat? Most normal adults know what investing is. What kind of low class sewage are you hanging around with? No but on a more serious note, I've yet to meet anyone in this day and age that knows not what the stock market is.

Btw, prepare for more bobo squeezing as we continue to pump. Damn I love 2023. Bobos have gotten so insanely liquidated. I'd like to see an update on this chart to see how much they contributed to this rally. Everytime they scream overbought and then it just keeps pumping... beautiful. Shorting should be limited to a few % at most.

>>56797267
That's because a lot of bobos here got heemed beyond recovery. This year must have shaken out so many people. I wish pic related would get updated because I really would love to see how much the "bears unwinding" has contributed to this truly astounding bull market in late Oct to November

>>56723946
Already happened bigly this year. I'd love to see an updated chart. Bobos must be fueling this rally, surely

>>56546804
Too bad there isn't an updated version of my pic but this is gonna happen in the next two months as we get a proper Santa rally. Earnings are getting better and better and we are far off from ATHs. I am gonna sell on exactly the 29th of December

>>56492641
>I would want at least 2 though
Being a bit greedy aren't we? I honestly have no idea what I would do with two in my bed. It's just too much for a simple man like myself. Call me old fashioned

Well, aggressive bears also tend to drive the market up as they are forced to cover their shorts. That's what happened this year as we had that massive rally.

>>56392017
>Long oil.
>Long gold.
Have been doing for three years now and it's paying off nicely.
>Short Nasdaq
Never. Not ever am I gonna short the single strongest index in the world. Bears unwinding have greatly contributed to the pump of NASDAQ and I am not gonna be one of those suckers.
Shorting some crap companies or biotech implementing AI or something like that, yes. But shorting the index? I can imagine a whole lot of shorters that have been burned by NASDAQ this year (especially NVDA, heh do you remember NVDA's earnings?).
Even with this "war" going on, I am still more bullish on the magnificent seven than oil...

Is the big money investing into Scandinavia or what? Fuckin they are giga pumping, especially OMX. Hell, it's blowing past all the resistances and just keeps pumping. Two months of boboism completely undone and reversed in mere days. So this is the power of short covering eh?

>>56331790
>pantyhosedfetish
Sounds bretty based.
Bros, why didn't you buy Pepsi at its 200 week average support? Filled the gap at 161-ish and has now demolished expectations. People seriously doubted that consooom companies would somehow bomb expectations... consoomerish is hovering near ATH. Come on bros

Holy CRAP EU is gigapumping. Bears are unwinding and are driving the rally, I'm sure. A bit of an old pic but it's still gold

>>56110895
Actually every "expert" is now convinced that a 25 bps hike is now guaranteed. And yet we pump. Yesterday's hike was also higher than expected (consensus was a pause) and yet we giga pumped... and EURO dumped.
Apparently, the market is now pricing in the fact that this is the top.
In Sweden, they moved the inflation target of 2% to 2025 and beyond. Not even this EURO dump was enough for the currency though. It's crap and keeps going down the gutter.
It's all crap. I'm just gonna start DCAing into index funds

>>55941516
Wait, people actually retire? I have yet to meet a boomer that didn't like to work past the age of 65. Plus, that image was just something I saved from some other anon, it doesn't really mean that much and there are probably a dozen explanations for it.
All the boomers I know in trades typically keep working till they are at least 75. They can work carefree and on their own terms so why not?
>>55941514
And at pretty high rates. You're gonna be paying some real nice cash each year just so you can keep renting your house. You won't get to re-finance at 1-2%. At least the housing market isn't as fugged as in Australia though. At least some cope

>>55872157
A lot of what drove the market this year has been bears unwinding and being forced to buy back. Burry might have been right that one time but he was wrong like fifty times last year.
Yeah mumubros, we will retake the market once again. Just look at the graph of the index, literally looks like a classique cup n' handle

>>55832171
Doesn't detract from its appeal. That colour palette is just so pleasing.
>>55832177
Thanks m8. Strange that google couldn't find it.

Bullchads, this is all withing expected norms. Let bears have their small winnings

>RSI hasn't dropped below 40 in over 6 months
Holy moly bears are getting absolute destroyed

>META once again proving "high" rates are irrelevant for big tech that has its arse loaded up on ZIRP
Bears are getting relentlessly bullied this year and I love it

>>55668264
Let's give bears some space, m8. They clearly need it after the assblasting they have received this year thus far. Bears are getting absolutely shr3kt