/biz/ - Business & Finance

>>57160903
Based. Rango is so fucking underrated it's not even funny. Trading weird combos like ATOM to FTM etc is bearable with it and I'm grateful as fuck desu.

>>57161079
Also based. NIGGERS here think looking at charts and seeing a bart pattern is enough to be expert traders and then get caught off guard when their inu shitcoin suddenly drops 90% in value in 24 hours because its 4 whales coordinated and megadumped in unison.

>>56926616
Preparing for a bunch of interviews. Gotta take a few trains in the coming days to get to some. I hate traveling. 1st interview is typically done online but the subsequent ones are on-site. I have to pay and sacrifice a lot of my time and I don't even get a guarantee that I will get the job. My 'tism will certainly flare out. Or maybe I will even bring up Lum

>>56797720
>nigga
Such foul language is uncalled for :(. Look, I understand they have impressive divvies, but why are they in a down-trend then? If something is weak, why is it weak? Why not buy the strong one instead?
You are correct in that the company is fine. It's just that the stock performance has been really lackluster

>>56724205
Why not? We are still not at ATH and the market has now been thrown a massive bull bone in the form of dovish data and a dovish FED... and we're gonna get a Christmas rally. Could it do 1% every day? Probably not. We're gonna get one or two red days interspersed inbetween. That's your saving grace, Mr. bobo

>>56686716
>Close to ATH
>AMAT
Yeah, shit's gonna get slurped faster than you present your butt to your bull. AMAT is just one of those stocks that never go out of style. These types of dips typically get slurped within a few days. They will get slapped with a small fine and that's that

>>56685882
here let me give you what you actually want, anon

>>56672393
Yeah you are right, my bad. I must have been looking at something else. The bot right really is an angel in disguise, a diamond in the rough. She just needs a good man to really make her shine, you know?
>>56672373
Shit's just gonna crab a bit and then get overbought again. This market is literally high on money

>COPPER
Buaaaa not even this can help out that stupid ass metal. We are peak bullish and metals are barely in the blue. How pathetic are commodity sissies? Silver though... hmm. Eh, it's just crabbing. Only an idiot would invest into commodities when the S&P and NASDAQ exist

>>56651451
>.gif
>not actually a gif
You sir are a disappointment and a fraud.
>>56651445
Why are you guys being so negative? There's no way it's that bad, right? I live in EU (city of 500k people) and most people are just fine. There is just a bit of a "phenomenon" you gotta accept when it comes to women and that's the fact that she has been run through during her time at uni and all women here go to uni. I can't fathom how they manage to go to parties or "game nights" or similar almost every day.
But assuming you don't mind that (I do though and that goes against the normie mindset), the chicks here are fine. Everyone is accepting of it and there's an accepted truth among everyone I know that the more experience a woman has, the better. Weird huh?
Financially speaking, it is pretty terrifying. Heh, it's pretty funny seeing the US just keep pumping. Just as I predicted, the "downgrade" meant nothing (since it wasn't a downgrade and they just reiterated what we already knew). Steel up, indicating infrastructure building is on the rise. And so on and on. Hell, even copper decided to wake up. We are finally healing bros.

Service inflation might get a huge uptick though. We'll see tomorrow as we get insurance figures

>>56648962
A friend of mine is a teacher in elementary school and he's losing his hair because of the insane stress. The teachers are overworked to hell, underpaid, and treated like trash by both the students and the system. This is Scandinavia btw. The kids are almost retarded, very opinionated, and extremely annoying, and it drives you insane as you work with them.
Financially speaking, it is stupid in general to work in a school. Good for you though if you found a good spot.
Anyway, oilbros when are we selling? I bought at 76 and I'm thinking of selling at 79. I don't think we're gonna rally that much to be honest

Bros, an honest question. How long did it take you to become as good as you are now? Feels like people here make ridiculous gainz in such a short amount of time.
I have been trying to trade for a year now but I am still underperforming the index (mostly because I trusted my boomer dad and started DCAing late 2021 when I knew nothing). How do you guys make consistent gains? Fuckin 6k dollar like some people here in a day is insane. That's enough money for several months for me

It's interesting that commodities in general are going to hell but that does not apply to steel which is on the rise. Why is that? Why is steel defying this trend?
Oil is dead, copper is dead, gold is probably not gonna go to 2000+ for a long time, other metals are also dead... steel is pretty bigly up. Weird

>>56591430
Yes, this is incredibly interesting but I would also like to know how he gets his hands on this info and how he arrives at his math. And please for the love of god why can't he scale the y-axis? What units is the green line? This is elementary graph-making.
The FED is also controlling the markets through REPO
>>56591711
Nah, NASDAQ is going to 16900 and then we'll see a slight pullback and up to new ATH. It's that easy and also supported by my TA

>>56584988
>steak
They have steak at McDonalds? The f3gg? Thought it was burgers only
>>56585059
Well, what do you think, m8? They gotta make money somehow. And McDonalds makes a toncrap of money and is valued pretty highly on the stock market. Consooomers will rather work two full time jobs than skip buying new phones or going to McDonalds.
The insane GDP figures were largely supported by consooomerism (confirmed) so yeah... people just love that shit, even though it costs 30 bucks for a meal (which is literally food for 5 whole days for me)
It's called price gouging and it's been happening at an ever-faster pace ever since the covid money

>>56571746
As it should be. Good on them
>>56571833
>banned in Spain, Italy, France and Belgium
Holy fuckin based. I wish it was banned in real indices where there is actual volume and trading done though... like DAX, OMX, and so on.
How can it be legal with more than few percent of shorting is beyond me

>>56567498
NASDAQ (i.e., the only index that matters ever since 2020) is gonna take out the 13714 level, thus taking out the bear trend and instantly reversing it to a massive bull run. Nobody will hike anymore (not in December when everyone is fuckin bullish and wants to spend money which will once again prop up the GDP like crazy) and the war has turned out to be of no significance. Good earnings and we are now moving into the single most bullish two months. Yeah, I'm feeling rock solid in my positions

>>56547258
The living standard is significantly higher today than it was back then. Houses are way bigger and we no longer spend 20% of our salary on food.
Heh, then again you could sustain a whole family on one guy's salary (working a normal job without requiring 5y STEM degree and 5y+ experience).
The inception of FED + abandonment of the gold standard really did a number of inflation. It allowed profits to skyrocket for companies while wagies got shit.
>>56547299
And I love Lum, so stop posting my wife

>>56539875
Of course, he is a bureaucrat. They have learned their lesson well. Anyone that thinks they do their utmost to defeat inflation is brutally wrong. That is a small part of their job description.
You are correct, my good sir. Here, have a Lum

>>56521606
Slurping that Caterpillar and XOM, are you?

>>56516598
If they have a real yield (i.e., higher than inflation), sure. You could lock your money into 5% for 10y and get some solid gains. Unfortunately, that is pretty much impossible in the EU with our shitty bond yields.
>>56516600
>you mean yields right?
Yes sir. Why would you save these "vids", man? I hope you are between the ages of 18-20 because if not...

>Oh dear god people are comparing Greece to the US again.
>Oh dear god people are once again doomposting about the economy despite an insane GDP figure which was supported by ridiculous consumer strength.
>Oh dear people are doomposting when we are approaching the 4 year average support line on all indices except NASDAQ which typically means a max of further -5% (below the support line) can be expected before a massive bull run
Broooooooooooos, why so negative? The economy is strong, the rates are still low, China has been presenting solid numbers (their housing market is still fugged though)... sure, I think JPow should do yet another raise to finally quash inflation so we gotta price that in.
But October is typically the most volatile and also typically signals for a nice rally in Nov/Dec.
I dunno, I think fundamentally strong companies have no reason to fear. Tech could still drop a bit more though

>>56488719
I truly cannot. Opening CSGO cases endlessly for an hour is more fun than playing any of these.

>>56482823
If they fugg up their oil, that's it, their economy will be fugged forever. They have oil and only oil. They have nothing else going on for them. They need to leverage that correctly and wisely

>>56400897
Frankly, I actually think we're gonna be hitting new highs soon because why the hell not. The markets can remain irrational longer than you can stay solvent, right? The markets (mostly the magnificent seven) are the best way to hedge against all the dangers like inflation, high rates and so on. They can always cut people. They can do many things to keep improving earnings. NVDA cannot keep up with the demand. Amazon and META have both exploded in terms of revenue this year. Will it continue? Who knows? Will the market care? I don't think so. The big seven will keep propping up the markets.
>>56400922
TSMC is a position of absolute authority. It's like Denmark has Novo. The entire index is being carried by one stock and the big money knows it so all the money is being concentrated into it. As long as things don't get too shit, the stock will keep doing well. At least that's my take on it