/biz/ - Business & Finance

>>57668178
Who cares? Stocks are reporting record profits and that's all that matters. And as long as the US is going strong, so will EU. OMX is on its fourth day above bollinger despite a much higher inflation... literally who cares? Just buy and shut up

>>57626179
Is this AI? Bloody hell, looks good. Looks almost as realistic as my butt hole
>>57626193
These are the people that decide our fate, folks.

>>57393281
When has AMAT ever fugged up? Das ist richtig, never. TI earnings also don't really matter. Actually, the only earnings that do matter are MSFT, NVDA, AMD, and a few others. These will carry the entire market. TI might drop 5% at the start but will immediately recover and will get dragged up by the bullishness in the entire sector.
Used to be Apple to direct the market's intentions. Not anymore.
>>57393302
Everyone understands that AI = money (in one way or another). It's a big investment that unilaterally pays off. TI is good, great even, but they need to start doing something if they wanna keep up. They are lucky that the market's in a giga bull run

>>57258712
Buy big companies like Lockheed, Caterpillar, MSFT, Apple, NVDA, Broadcom. Buy every month. Look at the portfolio in 10 years, +2000%. What the hell did you even buy bro? Why do people insist on buying unverified crap when you can get guaranteed BIG gains just by buying what I wrote

So it seems *he* was right. The Dow Jones is the shit to be in right now (the strongest index since November).
Also, the f3gg has happened to the traded volume? It's absolutely negligible compared to prior years. Pathetic

>>56931006
Yepp. Plus, if you are a youngster, you are kind of forced to work overtime to make up for inflation and to even have a working chance. My typical working week is 60h/week but I've done 80h/week for long periods just because my life is empty and I am still young enough to be able to do that. Haha, men reach their peak in their 30s anyway, r-r-right?

>OIL
Ehhhh oilsissies, how much are you gaping right now? I bought yesterday and sold today for a meager 2% profit but that's good enough for me since I am a pretty bad trader.
Could Exxon finally go to 90?

>>56813532
Would never ever invest into that shithole. I honestly have no idea how anyone can live there. Interesting geography though and steeped in mystery. A good place for study and research.

Wtf are those candles in oil? This sheit is rigged beyond belief.

>>56737362
What this autism you speak of?

>All this AI hype and yet no perfect Lum robot wife
That's it, I am shorting NVDA right now. Come on, man, that's all I want in life. Why can't they give me that?

>People here thought oil would hold at 79 because Biden said so
ABSOLUTE lmao. How are people this gullible? The US does not have an energy policy. They barely bought at 60, so why would they buy now? The SPR is still at 300m+ so they probably don't even give a crap.
Oil is insanely cheap adjusted for inflation but who really cares? They are giving us that demand destruction FUD so that cancels out any fundamentals for now. It could easily go to <60 levels, why not?
But I doubt it. Coupled with the high demand for steel, I think oil should hold the 70 level and find its way to 90

>>56617294
What's wrong with emigration? I moved from Sweden to Norway because of a better job opportunity. There is no point in trying to stay in a place when another place offers better conditions. This is why the US is the best. They entice with the best salary and best conditions to attract the best talent.
If you are a young male and have valuable qualities, there is no reason to not to try to venture out

>>56584806
>tfw sharing a board with actual failed normies that regularly go to McDonalds
Past the age of 25, I don't see why anyone would subject themselves to the horrors of fast food "restaurants".
Making your own burgers takes 5 minutes. Also reduces inflation which is good, financially speaking

Goddamn I am so sick of this schizoid market.
>Company presents record profits and margins again
>Excellent guidance
>Opens +4%
>Instantly sold down to -1%
While others pump 20% on shit earnings... I just don't get earnings. This is completely bs

>>56571401
JPow was dovish because the markets were failing (he fully knows what he's doing) and he sternly reminding the treasury to not be retarded. So the long end of bonds fell. Naturally, since we are seeing the end of hikes, the DXY also fell. Both of these are generally seen as bullish events. Of course, if inflation keeps increasing or will keep stagnating at high levels (which I think it will), the FED will hike.
But no-one will hike next month. Noone will be the scourge that hikes in December.

The pump last week was also kind of expected from a TA perspective. In the eyes of the market, there is nothing bearish left on the horizon. Christmas is coming which means high profits and profit gouging. The war has greatly stabilized. Oil and gasoline have come down. Heating oil is seasonally weak as well.

You can say what you want but we are still in a bull market where everything will be interpreted as a positive event. The market sold off last year as investors feared a big recession and profits cooling down. That hasn't happened and the insane GDP figures re-affirm the strength of the consumer and the job market.

I still think the lag effect will come into effect by half of 2024 and that's when profits should start coming down and we should have a dip again. But I am probably gonna sell the 29th December and just cash out. This schizo market is something I can't deal with anymore

>>56550287
Don't ever disrespect my waif like that again, son. This is your one and only warning.
Also, kinda interesting how everything is so bullish yet copper is still at a level that is basically unprofitable. Also, you guys reckon oil is gonna keep above that sweet 79-80 level?
I wouldn't bet on Biden's "79 promise". He didn't slurp when it was at 60 and he won't now

>>56539704
>Buying the weakest index, one that is the most affected by the "high" rates
Literally why? Why would you get into small caps? The play is mega caps and has been for 5 years now

>>56528245
You know what astounds me? I just looked it up and Batman Arkham Knight was made using Unreal Engine 3. Frickin 3. And it looks awesome (just talking about the visuals).
And it ran great as well.
There are games running on UE5 that look like utter crap. How is that even possible?

Gaming has been largely dead on the stock market and there isn't much more potential growth to it.

>DXY up
>yields up
>Copper down
>stocks up
Just what is going on? Demented market. Copper fell in the morning on weaker than expected China data and then recovered nicely. Then as we got good US data, it falls again? The f3gg?
I am also guessing the higher yields are sort of already priced in... unless they go 5%+ again (which I honestly doubt since JPow will pause tomorrow)

>>56362910
That's disgusting, bro.
>>56362891
Literally just buy Novo and Eli Lilly, do something useful for 10 years, come back and enjoy +1000% gains. Everyone here is just memeing and having fun bro. We are all 100% in the magnificent seven + Novo/Eli Lilly. There is no reason to ever buy anything else.
This is not the 90s. There really is a simple trick to get guaranteed gains

>>56337900
Yeeeeah and which is why Novo just keeps pumping to new highs. There is an axiom in medical sciences : a drug with no side effects cannot work. Sure, it might kill a few people or maim others but obesity is just too damn lucrative of a business so nobody cares.
>>56337889
Prepare for the insane price gouging... "oh but inflation is decreasing". No I will not pay 10 bucks for a kg of meat ok? No I will not pay 500 bucks to an electrician to fix something in 20 minutes wtf (luckily I can fix shit on my own)
Service inflation is absolutely brutal in Europe

Seems to me the European indices have broken through the resistance at MA18 (daily graph) and will now start moving to the upper bollinger. OMX most definitely, DAX is unsure since it's fighting the MA18 now

Just came back from my walk and wtf happened? Oil just keeps going up (100 for WTI is now all but guaranteed) which pretty much sets in stone a 25 bps hike. Also why the heck did the markets suddenly start pumping? Oversold territory and algos started buying?
META dip instantly slurped. Fuckin hell today's market is just complete schizo.
Also where are the gold shillers from this morning and yesterday? Gold has broken the trend and what people assumed would be a cup and handle has turned out to be complete bs. In an age of a strong dollar, gold is gonna suffer

>>56189988
That sob ain't me. I will never post on /pol/. Absolute nightmare of a board. I would never tarnish my Lum.
I wonder whether oil manages to fully break the 90 barrier. If it does, I fear it will start to fluctuate between 90 and 100 (where Saudis want it)