/biz/ - Business & Finance

What are the plays anons?
Red means opportunity

>yearly selloff happens
>retards think it's the end of the world and a crash is happening

Who else here is /feelin 22/ and buying the crash?
>mfw I'm going to retire 20 years early

>>11355757

THE GOD BLEEDS

I WANT MY MONEY BACK

BUY THE DIP

Holy dongs, Futures are falling even harder aftermarket, thanks Japan!

>>11355757
fugg it im gonna go /out/ on a hike till I have no cell reception so im not tempted to keep watching this train wreck

lost 7.5% today due to 1.5x on average leveraged portfolio, simply buying more over the next month

>>11355775
>second time its happened this year ???

Lewd posing pics- $15
Nude pics -$30
Masturbation videos - $70
Passing young trap on estrogens and anti-androgens

>>11355775
>>11355775
>>yearly selloff happens
What in the fuck is a yearly sell off?

>>11355757
Beat me to it by one minute

>Dont Panic! edition

>op pic
>a hitchhikers guide to the galaxy

i thought you gave up the trips?

>buy the dip
>don't try to catch a falling knife

>>11355817
DId you really lose that much today rkg?

>>11355809
-5% is concerning

-10% is a correction

-20% is a crash

You faggots won't even remember any of this in the next few days.

theories as to when to deploy my cash? how much lower is this going?

Just Buy it Nya

>I HEARD YOU GUYS HAVE BEEN NAUGHTY ON THE FINANCIAL MARKETS AGAIN

>>11355828
We are already 5% from this time last week... There's no end in sight yet.

5 weeks of GREEN coming right up

THE GOD BLEEDS

>>11355827
I'm done for anon

ROBINHOOD WONT GIVE ME A REFUND

>>11355846
Did you seriously think it was going to go up forever? The adults in the room will buy the dip and you'll be cleaning up your soiled diapers in the meantime.

Remember, a true correction (around -10%) is only reached when it's down -10% over the year.

>Not letting the dip run most of its course before buying
It'll drop "at least" 600 more points tomorrow, cap this post.

Based after hours nasdaq

Holy fuck I'm so glad I bought a few puts

>>11355757

HAHAHA THERE'S NO MORE SMUGPOSTING TO BE DONE YOU BOOMERBAG-PUMPING GREATEST FOOLS

you bought the CO2 from the garbage fire that is quantitative easing and hyperinflation. you flew too close to the sun. better sell everything and hedge into bitcoin or you'll have nothing left but a few hyperinflated dollars by the time this all blows over.

What are we buying boys

>>11355853

Earnings will fuel it. They will be good.

what a day, I turned my almost failed 100$ test acc back into green numbers

>>11355897

SQQQ

10% drop tomorrow on Nasdaq

cap this

>>11355884
>implying im not shorting the tech bubble
>implying i wont reinvest it in big dick dividends and more crypto
As long as this wind outside doesn't kill me I'm good

>>11355908
My tastytrade brother!

Great options platform.

>>11355864
Suit yourself. I recognise a dip as a 1 or 2% daily drop as a buying opportunity for swing trading. When major indices gets smashed for 3% in one day then its not a dip anymore. It's raw fear and pure panic, algos will kick in and drive it down more tomorrow.

You all best stay out of the market in the near future.

>>11355915
>investing in crypto

>>11355897
A boat and a truck to pull it.

>Nasdaq Fall Sale arrives a bit early

Based

IS MEME LINE BROKEN YET? SHOULD I CASH OUT? ANSWER ME BIZ! I MADE THE MISTAKE OF HODLING MEMECOINS AND I’M NOT ABOUT TO GET FOOLED TWICE

>>11355924
yep, also accessible to europeen so thats a + and I like how easy it is to check PnLs o curve. I still dont get what theoretical PL means...

>SQ

lmao

>>11355915
>Investing in crypto when Roths/Soros have already begun infiltrating its market

I thought tesla would fall first. Plan was to cash out then short tech. I'm barely even up today. Reeeeeee

276
Jesse Christie

>>11355949
>SHOULD I CASH OUT?
yes, IXIC 100 eoy

>>11355773
Only for one day during the dead cat bounce

>>11355949
its the fakeout breakout before Banks give earnings (citi jpm wfc ) friday and earnings seasons kicks off the uptrend

>>11355967
>down to 69
nice

>>11355949
these are stocks you retard, you hold for at least 3 years and buy the down turns when you can afford it.

>>11355932
I'm still in the green on crypto even after the crash.
Crypto is the only way you can give money to Alex Jones now. Paypal and visa/mastercard or whatever shut down their payment services.

the aftermarket accellerated sellof is unreal…

was this THE call?

>down .7% AH and still dropping
lmao

>>11355996

https://stocktwits.com/symbol/SQ

max kek

alright boys theres your 10% nasadaq correction for the year
Feel free to buy buy buy

>>11355955
Its based on the BK model, prices can always be different, meaning people can trade options at not exactly what they are worth (this is why you should never market buy or sell options).

HAHAHAHAHAHAHAHAHAHAHAHHAHAHA
we told you it would begin on this day and you didn't listen. this is the great happening of our time. if you're in crypto you are safe

>>11356023
Drop et

>>11355993
Ok this sounds reasonable. When should we panic?
>>11356008
Stocks are simply less volatile memecoins. Stock market is legalized gambling.

>>11356030
lol this shit loses literal 40% in couple of days

>>11355976
>implying I wasn't in the market long ago
The rothschilds bow to people like me. I'm going to keep staying ahead of the curve while the "smart money" stays 3 steps behind.

>>11355825
pick one

It looks like today's strength in the dude weed was mainly due to the credible rumors that Altria (big tobacco) is considering buying a stake in Aphria. Aphria flew up somewhere in the neighborhood of 20% today before pulling back to +15% at close. ACB and WEED held steady, both were in the green for much of the day and closed at modest fraction of 1% loss each.

I believe this strength under highly bearish overall market conditions indicate the dude weed sector will indeed break new ATH before the end of the year. These market troubles are only going to temporarily delay the moon shots. October 17th sell off may not occur as expected. If the news is long line ups and supply shortages for day one sales, sector will pump on that news.

>>11356064
>when should we panic
when the monthly macd crosses down

>Dow down 999 points AH
LMAO. Feels like 1929 all over again.

>>11356023
Thank god I answered.

WILL

IT

FILL

>>11356066
>rothschilds bow to people like me

>>11356098

After hours doesn't mean shit. Big money isn't going to buy until tomorrow morning so they can trade with better liquidity. This is just residual panic from retail.

>when you think about the thousonds of dollars you will make when markets return to all time highs


oooooooooo

>>11356114
They sure keep chasing my trends at least.
The old guard is pretty predictable if you're raised in that type of family.

>>11356120
>residual panic from retail
>after hours

>>11356120
Do you think it will bounce tomorrow? I bought right before closing bell.

>people are just cashing out to buy candies

>>11356046
ok but how should I use it to decide whether its reasonable to sell or hold now?

>>11356138
Predictable just means what they're doing is still working in their favor. Why alter a strategy that rakes in profit daily?

>>11356150
>closed at the lows
>bounce
S&P to 2000

>>11356086

Oh wait, that wasn't the pic I wanted. Here.

>tfw tried to update my HSA balance from 100% to 80% stock last night but didn't because the site was under maintaine
based just made 3% on that

>tfw down $2,200 today

its wise to just ignore stocks for a few years like i did bitcoin from $260, right?

>>11355787
/thread

>>11356131

you retards are too used to ATHs being smashed in the stock market based on the last 10 years. remember, it took 30 years after the great depression for the dow to return to its glory.

DOW 35k in the next 10 years is *NOT* a certainty at all. especially with the way the federal reserve has been doing their thing.

>>11356179
oops my HSA was 100% cash but I tried to move it to 80% stocks

>>11356138
That's why i LOVE the jews!

>>11356180
Everything is going to zero good luck

>>11356180
its a pretty safe bet with big established companies that aren't going anywhere, over the long run youll get gains. if you put everything in a sketchy business run out of a garage in Arizona with 3 employees the shares could end up worthless pretty quickly

What do anons ? I have everything in cash (euros). Buy ethereum and btc ?+ Wait for shit to near bottom and put cash into low cost index funds ??

>>11356150

After a drop this fast, yes. Fast drops bounce. I'm not saying the trend isn't going to turn bearish but there will be a bounce.

HAHA

Everyone in this thread has got to be like sub-30 years old with the way you're acting. Such poor trading style and mentality. You'll never make it if you can't get discipline and risk management.

>>11356221

bitcoin. only bitcoin.

>Bottom is now.
*pro tip - dow bounces at least 300 tomorrow. Probably 500.

>>11356231
this is a new parasigm happening before our eyes. your risk management will only let you see so much. you're all about to get rekt

>>11356011
he's on venmo and square.

>>11355757
okay newbie question. I currently possess a twitter put option with expiration date of 10/12. Got it through robinhood, paid $0.68/share and have 100 shares (i.e., 1 contract total). Option is in the money, and it will remain in the money so long as twitter is worth less than $31.32 on 10/12 (which I suspect will be the case).
>wat do?
Do I hold it until expiration? Never held on to a contract for this long and have not had the experience of going all the way to expiration with one.
also, inb4 fuck you newbie this is why options people need 25+ years and training and you should have known how to do this before you got it &etc&etc.
>said i'm a newbie.
>money at stake here was put in the market for learning purposes only
>i am asking you anons for advice because i know someone here knows what to do.
feel free to judge me as hard as you want but I promise i am actually and seriously trying to learn here. any advice? what do i do here?

>>11356028
whomst is this qt?

>>11355912
How I feel cashing out my retirement that was almost all indexes literally at the peak.
I imagine the financial bros at the bank I was talking to are like the chick right now

So when do I buy Amazon?

>>11356219
Also better returns if it's the next big company.

>>11356260
I never usually hold options until expiration cause thats just kinda dumb

When u get a really nice day sell it so some other chump

Usually holding options overnight sucks dick anyway cause it decays in value

>>11356219
that was my thought this is just a blip, unless global war breaks out or something companies are still going to be building tech. and if war does break out vice stocks are going to be where its at.

half to each category, set and forget
>MSFT/AMD/VZ
>PM/RICK/ACBFF/CGC

>>11356214
you are either a moron or a troll

>>11356300
even when it's about to expire in the money?

>>11356246
That makes no sense.

>>11356169
Its a good prediction of your sell profit based on the mid, usually its only off a cent or two.

I try to trade based on high IV (sell options at high vega and plan on a return to mean), but if you're trading delta then its good to do put or call spreads within a good SD range, anything with above 65% probability of profit is a good gamble if you're sold on the direction of the underlying.

>>11356260
If you sell until expiration, the options will lexpire worthless. Many brokers will excersise ITM options on expiration but this is probably not something you want to do. So sell the options.

Juat hodl children, if you sell the dip you are a retard and it is the only way you will lose unless you have a pro option to move it to that you think will cover the fees.

Dear lord we hitting 275

>>11356300
also 10/12 is in 2 days so probly not too many chumps left. sitting on nice profit though even with just market sell.

>>11356317
exactly, you can't see. you will see soon enough

>>11356255
Glad to know there's a few neutral parties still out there.

>>11356345
You don't understand what risk management is. But then again, you were probably 8 back in 2008. You haven't lived through pain. Just memes for you.

What is this really?

Is big money taking profits to pay off debts?

Will this just bounce back when quarterly reports come in?

>>11356322
>not something you want to do
why though? can you explain? the premium between my option price and current underlying price is large-ish -- can't I take advantage of the spread there? why do i lose money if i wait until expiration here. (robinhood is one of the brokers that do as you say -- exercise ITM on the expiration).

>10 year us bond yield goes to .3.26
>retards cashing in with 2% fee to grab a piece.
>markets plunge
Wtf is wrong with boomer investors?

>>11356368

Manipulation

It’s all rigged

This is a panic selloff. Nothing has fundamentally changed.

>>11356368

It's tech having a major correction, mainly. Yes the bond yields and interest rates probably got the ball rolling but tech is the epicenter of the bleed.

I'm not normally fond of biz media synopsis articles but CNN-Biz posted an unusually cogent one today. Recommend reading. It is right in line with my thinking on this dip and what kind of outcome to expect:

https://www.cnn.com/2018/10/10/investing/stock-market-today-techs-falling/index.html

>>11356367
look at futures, bro. this is all going down

>>11356407
We just need to cool off before the next rally

>>11356407
something has changed, in the bond market

>>11356331
we're shaking you small specs out

>>11356417
lulz
refueling before next moon mission

>>11356415
Yeah I'm done talking with you. You unironically use futures to estimate and are completely ignorant of what I'm saying. Best of luck. Enjoy your ride down with everyone else.

Most retarded sell off lately, altought this is tech driven which was clearly overbought for 2018.

Where are you going to go, cash? nope. inflation will destroy erry thing at which is at 5%. bonds and locking 2.5% guaranteed loss? no way in hell. real estate? not a good option

china is going to be an absolute genocide tier bloodbath, i'm actually a bit scared of tomorrow as a euro

You guys ready for tomorrow?

>>11356413
>third-worst point decline in history
I didn't realize today was this bad.

>>11356439
been out for years, i'm all good bro. later

>>11356311
Decide what your most profitable day will be , Its kinda a tossup But never expect winners to stay winners , Only loosers stay loosers in options.

>>11355858
Place your bets, gentlemen

>>11356453
the dow is at 25k nowadays not like 6000 or wahtever, a point is irrelevent

>>11356111
It'll crash more anon, don't buy! Buy puts!

>>11355757
Anyone got the Google drive books from the Pastebin?

even if we enter a bear market you could probably just buy blue chips with decent dividend yields and still have an ok life

>they didnt buy a guaranteed rebound

>>11356494
>guaranteed rebound
until that one time it isn't and you miss that falling knife

>>11356452
I am so fucking ready.

If TQQQ drops to $30 before next Friday, I make $70,000. My total risk of loss is $300.

>>11356471
It's going to be in the money on friday. that's what my prediction is. I have to sell tomorrow because otherwise trading will be closed. Why would there be any advantage to me to selling this thing to some robinhood anon at a price less than what this thing is actually worth in the market if I exercised the thing myself? I don't get it.

>>11356484
https://drive.google.com/drive/folders/1rq9DS_rEFIy8JrEeiDDqRhrviAy0Nnqj

Few % drop from ATH and fear/greed instantly goes to extreme fear.

>>11355757
>come to biz
>literally memesters talking about crypto nonstop
>stock market drops 3% after a fed rate increase
>just like in April when they raised rates
>memeters panicking like literal retards

This board is shit

>>11356494
Cant believe this happened to me ;_;

uh, am I reading this right?

Futures trading 1000+ points down on the DOW?

>>11356506
that's not going to be a knife, it's a guillotine

>>11356567
forgot pick lel

>>11356557
what price did you enter your long

tfw still waiting for F to drop even more before investing to get those sweet sweet divs

>>11356443
Healthcare

>>11356567
>>11356579

yess

>>11356602
What is there in Healthcare? I have faith in JNJ and MDT but haven't identified anything else yet.

>>11356506

Fast drops bounce, anon. Every time. It's one of the most consistent phenomena in stock trading. Fast hard drops hold support unless the company is going bankrupt or something. The less certain thing is whether or not it's an early signal of trend reversal. That I don't know.

This kind of volatility is heaven for day and swing traders. You can make a years gains in a few days when the markets move like this.

>>11356517
>TQQQ
put options for 10/19?

>>11356443
weedstocks
alcohol and ciggs
waste management/utilities
oil and energy
commodities
defense
consumer staples like walmart

things people will still need in a recession

My 401k from my last job just sent me a check a few days ago so I could switch it to my new 401k. I feel like I lucked out.

>>11356637
Yup.

One of my buddies has some with a $50 strike. We're gonna hang out tonight, and I expect he's pretty happy right now.

>>11356527
>It's going to be in the money on friday.

Huge mistake to make. You should always trust your gut But if u havent noticed hte market is fucking insane the past week and a half. And its litterly grinding on a support level as we speak.

You can take what youve made now and be profitable or risk loosing your entire investment and then some.
Thats options in a nutshell for you

>>11356699
Nice, thanks for the heads up, hoping to cash in quick for tomorrow. if the premiums are right, free money.

>>11356413
Good thing i have SPY and only lost 70$ within the last 7 days, also good that i have a full time job.

>>11355757
Guys is this it?
Is this the big one?

>>11356622
EMC

https://www.marketwatch.com/investing/stock/idt
>up 40% today
what happen????

>>11356623
Dead cat bounce maybe. Better set those SL tight if you want to play this.

>>11355757
This is kind of funny now desu
I’m short SPX with 8% of my portfolio. Still getting joosted but I get a consolation bonus. Not selling. Even my visa is getting boned. You’re crazy thinking you can lowball me my visa.
>>11355779
I bought back too early fucker. Relief rally when

>>11356579
Yes babe, rip that band aid off. Time to get efficient

>>11356726
Not enough information

don't give a fuck if it's the big one or not if we have another day like today I'm buying my dick off

>>11356801
>Better set those SL tight if you want to play this.

I'm involved in a whole different set of trades on the dude weed. My positions held very well today.

Speaking of the dude weed, reminder that anyone interest in Tetra BioPharma would be wise to buy in prior to October 17th. Tetra have had a deal with a major pharma distribution outfit for some time now which stipulated in the original agreement to remain anonymous until Canadian federal legalization is official and active. This partner is expected to be revealed on or shortly after the 17th.

Tetra remains my pick for most potential upside in the entire weed sector from current prices.

>>11356726
Recession risk is declining with prices so actually this is a bullish LT signal. Check out that steep yield curve. This is normalization.

>>11355822
a sell off that occurs every year

also the first plunge is never the bottom. name one instance where the first large plunge day was ever the bottom?

>>11355757
i want to fuck this chicks pussy so bad

Post crash music
https://youtu.be/skFugVOqBM4

Guys my mom has a shit ton in stocks, should I tell her to into money market?

>>11356936
https://www.youtube.com/watch?v=DEtLasb8UGE

SQQQ or TQQQ

>>11356920

>>11356938
No you tell that hoe to hold
Better yet listen to her FA

>>11356584
282.5
That was old threshold of me going from bear to bull

Me cant belive they pushed it back into bear territory

>>11356966
intraday doesnt count

>>11356966
>daily plunge
real shit, not algo intraday flashcrash shit

i've been trading for around 5 months and I'm down $900.

Please be honest, is this a horrible start? I am new to this and don't want to lose my shirt.

>>11357005
Sell everything and buy TQQQ with 6x leverage.

>>11356953
See what happens premarket tomorrow. Don't buy tqqq before it starts going up, that's fucking retarded. It's better to buy after it's going up and miss out on a little bit of gains instead of trying to predict the bottom and JUST yourself, because you will every time.

I bought sqqq around lunch today and have made a today profit, although it doesn't cancel out what I'm losing quite yet. I've got my stop loss set in case it falls so I still make a few dollars. I'll pivot into tqqq once a rebound is confirmed.

RED DAY!!! RED DAY!!! SELL! SELL! SELL! Kekekek

Oh, btw, got the on-site with Google if I haven't said so already :)

>>11356988
>>11356985
>ask for something then come up with all these rules
They come in threes senpai

>>11356979
you did this

>>11357005
if you look for trading spy and such you will need somewhat sophisticated systems. not a newcomers with 6 month experience stand a chance in todays markets it would be better to buy and hold for you, or at least only long and never short

>>11357037
GRATZ!!!!
Do you get access to advanced Google?
Me would want work at google but only so can do research with unrestricted Google search

T- old master googlehacker

>>11357005
It might not be for you or maybe you are diversifying too much like that anon was implying, if you think you got a spicy meatball, go all in, if you can get 900 on a crazy play you will feel a lot better about yourself.

Maybe just get a job if that fails and forget about this until you make 60K a year.

futures opened green, I am leaning towardsbrelief rally in the morning that maybe survives to lunch

>tfw sold everything pre-market

>>11356876

TBP TA for current chart position. Looks pretty good. Stoch RSI is low and twitchy. Consolidation after August run up around 50 RSI range. Descending triangle with a slight rising incline on the lower plane (those three higher lows were all one cent above the previous low). Should be breakout within a week if not sooner. Breakout level for tomorrow is $1.12. Support is $1.07.

>>11356938
tell her to post pics of her pingas

tell her its for a school project

>>11356979
you are a trend reversal indicator

>>11357005
not too bad depending on your start date
I was negative for a solid 6 months when i started, didnt have my first overall green day until 7 or so months in (it was on election day 2016 funny enough)

just remember, its a marathon, not a sprint

JUST

>>11357037
CONGRATULATIONS!!! knew you could do it

also, does GOOG have any work from home shitty entry level jobs? or know of any legit part time work from home computer jobs/companies to look at?

>>11357134
>I was negative for a solid 6 months when i started

Oh man. That had to be a bummer. My first six months were a rollercoaster. 2014, trading pharma shit. Went up 100% within one month of trading. Lost all of them plus an additional 10% in the following five months. Didn't recover until the end of the year. In hindsight I will say that that was a good learning experience for me. I got exposure to both sides of severe volatility, the mania and the despair. I learned to toughen up and stick to goddamn strategy until strategy proves itself flawed.

>>11357189
shite roster m8

>>11357049
;_; so sorry

Me had short going from like 284.8 too that closed T_T

>>11357054
This kinda true
The difficulty trading SPY deff went up 2x past month
Me had 95% winning record but now it like 45% since market changed
Am even know veteran traders who lost today

>>11357189
>holding Nintendo after the absolute drought of a summer and their awful online launch
i'm waiting until it bottoms out then buying in for the smash hype

Sorry I couldn't shitpost through one of the best market days this year. How did you fair my /smg/ brethren? Did you short at open? Ride it to 0? Fall for the buy high sell low meme?

Fear not if ye be broken, for the Chinks will not determine the fate of this economy. As they dump bonds, keep shorting them. This is the patriotic duty of every American. Short FAANG as well, overpriced globalist scum.

>>11357267
hodling for dear life

>put 15k in mutual funds on 10/8

How low can she go ?

>>11357245
>95% winning record
are/were you used to scalping with1:1 R/R ratio or what?
what R/R are you usually targeting with your style during intraday? are you doing swing trading also or ur daytrading only
genuinely curious

>>11357267

Is tomorrow the big one or Friday?

>>96001870
ill just leave this here, if anyone wants to dump on some lo IQ foreigners

>>11357267
made any new indicators lately? more importantly, have any of them been working? did any of them predict today?

also i think baggy is going to win your contest

>>11357372
>>>96001870(Dead)
fudd

>>>/int/96001870

>>11357337
it was range trading ! generally 2/1 ratio~ but sometimes 1/1 DESU and would just scalp if got tired of waiting
the idea was ATR couldnt be violated too badly

trades would be initatied by observance of orderflow, if saw big buys above level + no many sellers, than trade triggered!

but lately days have been VERY RANGING, there are equal amount of buyers and sellers, so its been very hard for range trade
price goes up 2+ then down 2- in ONE freak day!
this anti me style

>>11357340
assuming it happens fast, and not in weeks/months before the bottom, friday is more likely with tomorrow being a small gain relief day

More crash music
https://youtu.be/UxsqX824kxw
https://youtu.be/DEUZQudCSU0

>>11357037
Congrats

>>11355782
Kill It

>>11355884

Still not buying your bags.

Based CRSP.
Back to 45 by friday!

Lol I get weekly trade alerts from insiders and they were saying hold onto tech stocks, do they really think we'll go down this sinking ship?

Why are you all such overemotional bitches

>WAHHHHH I CAN'T HANDLE A SLIGHT MARKET CORRECTION

shut up

>>11357339
F

>>11357372
I've been working on a news/real politik indicator as Ichimoku w/pivots has been working really well but I want to see if I can make it more specific by feeding it more data. I did not have this deployed for the last few weeks. On Oct 3 I had an intraday short scalp. The following day I closed longs and went full bear. This is the notable day as Ichimoku turned bearish and support break on pivots really did not look well. I closed a small portion of position the following day as it appeared there may be a bounce off the cloud. I have remained bearish since. I am expecting a bounce tomorrow based on ichi and bond yields. 10y is resting on a pivot currently. If it bounces there will be more pain in equities.

The biggest thing I learned from this is to look at bonds more closely. Ichi indicated a bond bull run on Sept 10, well in advance equity troubles. You can clearly see equities market bull run slow down in response to this.

US economy is strongest in the world right now, don't let chink dumping scare you into doubting.

Also if we don't bounce tomorrow look for about 276 as bottom

Futures are a lie.... we bear now

>tfw VTGN is up today

pretty bullish sign that it weathered this storm

Midas Letter aired a prerecorded interview with Bruce Linton during their live stream today. Nothing really material but it's an entertaining watch anyway. The show is leaf investing at its finest. Hilarious characters and of course they veer over in to hockey talk early on in the show because Canada. Linton interview starts at 15 minutes in.

https://www.youtube.com/watch?v=S-caJvAmFFY

who here getting absolutely and utterly motherfucking JUSTed right now?

>>11357752
/JUST'dlikeyouwouldn'tbelieve/ right here.

>>11357752
-5k so far bag holding vxx puts, thought 32 was the top, god i hope it bounces back tomorrow.

>>11357752
>>11357779
Buy the dip.

>>11357752
me will never hodl again

>>11356592
Just buy General Motors you absolute retard. As soon as the transportation boom slows and every hick trucker doesn't make $30/hr, nobody will be buying pickups for 60K anymore and all of Ford's profits will vanish.

>>11357818
>hodl
>sell when it goes low

the point of hodling is to protect you from making trades based on emotion, not to sell at the bottom

>>11357826

>implying they wont adapt to the market
>implying they havent already been scrambling and investing on restructuring
>implying its not solid long stock

>>11356413
That's what happens when normies pay insane multiples for undiversified tech "giants" that can erode their userbase in <5 years if a better competitor comes along.

IMO Google is the safest tech stock but not immune to these kind of pressures. Tech changes way too fast, and paying to break even in 10-20 years is delusional.

>>11356592
I’m not a smart man but any company that eliminates most of its product line can’t be doing good, no matter what the books say.
>inb4 tariffs
That has obviously been in the works for a while
>>11357818
I need to know more about this rollover.
T. EMT

>>11357872
Yes, but the idea is that General Motors is much more diversified, and has a valuable self-driving unit they might even spin off if they get into trouble. Ford only makes decent money on their pickups, which are basically cars hicks buy but don't need, that's one of the reasons they are at such a low P/E. Any investor can see the risks there. Most of the top hedge fund managers & even Buffett are holding General Motors over Ford. The risk/return is much better.

>>11357418
>but lately days have been VERY RANGING, there are equal amount of buyers and sellers, so its been very hard for range trade
>price goes up 2+ then down 2- in ONE freak day!
>this anti me style
you just put in words my sentiment. I know I am shit trader in sideways market so these past 3-4weeks I was almost exclusively flat and sitting out on sidelines waiting for some kind of trend to return. Knowing that I lack experience for now in such chop-chop surely saved me a lot of monies

well im glad i didn't buy any ETFs yet, i wonder if it will be obvious enough where the dip ends to a pleb who hasn't finished his due diligence

VOO dropping 3% in one day seems fucking crazy

predictions for tomorrow?

>>11357888
ford has low profit margin on cars, huge profit margin on trucks

they are also preparing for electric vehicles in a few years

so instead of spreading themselves too thin, they are stopping their less profitable division, and focusing on making profits, while they finish testing and bugfixing electric vehicles to make them profits in the future

seems prudent, seeing how they were the only car company that didnt go bankrupt or need bailout money last time a crash happens

and they havnt stopped making cars globally, just in america since they dont bring in profits

and they still make mustangs, their number one selling cars
they are just pausing their unprofitable divisions so that they can be reworked and made profitable,and preparing for future markets, all while continuing to churn out units for their big money making divisions, which sounds prudent to me

tbqh I'm suprised they didnt do this sooner

Not letting go of these ROAD bags

>>11357937
low volume bounce and another sell off Friday

fuck this shit. im selling everything tmr.

>>11357937
+3% on the nasdaq
haters will rot

>>11357928
I actually need my truck
>I’m not a hick either
But yes way too many people buy trucks they don’t need. It hurts my brain to see a dually lowered to the ground driving around Houston.
>>11357944
I hope you’re right. Imagine Ford going under. Dark times.

we won't be out of this crash until shit stops being retarded

e.g. - Amazon is easily at least twice as valuable as apple who lost its only visionary and literally makes nothing but overpriced shit for bugmen numales

>>11357967

>>11357836
luckily me did neither
ironically emotions didnt screw me today
greed did ;_;

>>11357888
the hands of someone hodling BTC dince 20k
JK kek

all the info on the guy it like... in the title but TDLR
they only had amputate 2 of his fingures! it was at a theme park am belief, he left his fingers on the rail KEK

>>11358015
Fug what a tard

>>11357932
If you have no idea what to do, allocate to this portfolio and you can mostly avoid the crash. This is based on Bridgewater's "All Weather" Portfolio. Essentially you weight 4 asset classes based on their risk to get as low volatility as you possibly can, while still getting decent returns.

>30% US Stocks
Vanguard Total Stock Market ETF: $VTI
>40% Long-Term U.S. Treasuries
iShares 20+ Year Treasury ETF: $TLT
>15% Intermediate-Term US Treasuries
iShares 7-10 Year Treasury ETF: $IEF
>7.5% Gold
SPDR Gold Shares ETF: $GLD
>7.5% Commodities
PowerShares DB Commodity Index Tracking Fund (DBC)

This portfolio has a drawdown of like 3% in 2008, and like 20% in the Great Depression, so it's really safe. It almost returned as much as the SP500 in the past 10 years as well, so you don't lose much returns.

The concern about this portfolio is the 40% in Long Term Treasuries in a rising interest rate environment, but like I said this portfolio only lost ~3% in 2008 and similar things were happening to rates leading up to the recession.

Over the long term the SP500 will outperform this portfolio, but this portfolio can survive a crash. Ideally if you can lever up this portfolio you can outperform the SP500 on a risk adjusted basis, but issues are that during recessions, you might find it difficult to keep levered up because regulations on the exchanges. Investors like Warren Buffett do similar things where they minimize their portfolio risk and buy investments on margin, but they can't get margin called. Warren Buffett owns GEICO through Berkshire, so he can borrow insurance float and lever up his portfolio by an extra 100-150 billion, without ever being asked to return the money.

>>11356753
>>11356622
>healthcare
>without radiology
dunning krugerite brainlets

>>11358015
Usually I just deal with bullshit calls and cpr, occasional broken bones, had a few burns. I don’t like burns. Most of it from wrecks.

MEET YOU ALL THE WAY ROSSANNA YEAHHHH MEET YOU ALL THE WAY ROSANNNAAAAA

>pic is none of us rn

>>11358106
ooh. I'll look into this, though most likely I'll just wait until elections actually finish before I make any trades.

As a poor faggot i hope this shit crashes and you all lose your money

>>11358193
As a poor faggot trying to day trade to afford a house for my family, i hope you lose your job when the market crashes...

>>11358193
>could use the opportunity to make his first buys and start his journey to making it
>instead insults other people and does nothing

you'll never make it

>>11358131

That is an incredible break. I've seen many but never hand knocked right off at the wrist with apparently the skin still connected mostly.

If repeating digits today was the start of the big one.

>>11358132
Actually I'm about 40% Cash/Cash Equivalents, so that's basically me right now.

Hopefully the market crashes into oblivion. Everything is so overpriced right now, especially housing. I just walked into the bank today and prime mortgage rates are almost at 5% kek. Do you really think Californians are going to be able to sell their houses, when the buyer needs to be approved for a loan at 2% higher interest & tech stocks are down 40%+? Things could get really bad for Californians.

>>11358221

You lose. Golden bull continues.

>>11357532

good. cya in 2021.

does anyone have the dear diary, i lost everything again gif without the damn watermark?

>tfw not enough money in my account to buy puts

fuck me it's all tied up

>>11358228
I'm doing pretty well, aswell. I've seen guys on reddit have lost 50% of their portfolio.

>own AMZN and AAPL
Whatever. Just fucking whatever. JUST FUCK MY SHIT UP. I'm fucking not looking at my stocks again until December 25th.

I missed the the moon and it keeps going down. Tell me it'll come back up soon, I'm down 10%

>>11358258
Yeah I've avoided tech stocks like the plague as of about a year ago. Might have missed some moonshots like AMD (sold at $16), but imo the risk/reward is getting more and more ridiculous in tech. People seem to forget that technology becomes obsolete every 5 years. The FAANGs worth considering are Google/Apple, but I sold the rest of my Apple shares @ $150.

>>11358290
>buying Amazon
You deserve to lose your money kek.

>>11358335
Whatever dude. Whatever. My shit is JUSTed. It's over for me. I'm basically a nigger at this point.

>>11358368
It's okay dude, I'm holding heavy Gamestop bags still, although it's up recently. I might even break even if they get acquired.

>>11358290
What's the damage, my friend?

>>11358368
i don't get it, why wouldn't you put in a stop limit if you were gambling $2000+

>>11358393
No no, I didn't buy it THAT high.

>>11358381
My only glimmer of hope is that the long term for AAPL and AMZN always looks good.

>>11358382
I'm literally scared to even look. But my estimate is at least $700, which for you big shots is probably chump change but for me it's kind of a big deal since I'm tryna move out in December.

I fell for the GBR meme. You guys think I should sell tomorrow and buy something else? Or hold in case it might rise?

WHOS READY TO BUY THE DIP?!?!?

we gonna break this bear siege, one way or another

Today was a fucking blood bath. God damn.

>>11358434

>>11358419
>the long term for AAPL
well maybe but if this is great depression 2 i don't think iShit is going to sell like it used to

>Wake up
>See this

>Only a week ago I was up 500 Neuro after 2 months of trading with 5000.

Intradesting. I'm seriously starting to think that there is a single quality important for people who want to trade stock: patience. I should have waited for the yearly sellout before starting to put my money in.
I've no doubt we will rebound from this but basically I have thrown away 1 year of future investing time.

Does a dive in the market generally effect scalp plays for day traders?

What the FUCK do I buy into right now

This crash won’t last more than 2-3 days, maybe one day at most

I’m thinking s&p500

T. Straya

Who wants to try to catch the falling knife that is the US indexes.

Anyone here have the balls to do it? What's your game plan.

so dump TQQQ and buy SQQQ for tomorrow/friday?

>>11358488
Yesssss

>>11358419
>$700
wait until you lose like $4K because of retard FOMO. I eventually gained back that $4K and broke even in the same year, but my sense of money and value has been distorted now. Still boggles my mind that money can be made that fast (if you ignore the risk for loss)

fuck I wish I had hold onto my weed stocks for a bit longer instead of pussying out and selling when I finally broke even.

>>11358487
See >>11357579

>>11358466
Admittedly I don't think this is great depression 2.0 tho.

anyone watching Nikkei?

>>11358526
Well, hindsight is 20/20.

>>11358487
>>11358481
I'm probably stupid but I bought in on Spx.
Just gonna wait a month or two to pick up. Put at 26000.
I don't think this'll last. And recover is inevitable

>>11358543
it's the way everyone is saying that that makes me think it is
>>11358552
end of the world confirmed

>>11358567
Yeah but something similar happened earlier this year...and the year before. Granted, we are overdue for a crash. But if the market goes down and we all lose together then we can all commit ritual suicide Jonestown style.

>>11358552

God damn the japs got nuked again.

I TOLD YOU ABOUT THE CHINESE HACKERS BRO

>>11357005
Im still down 200, but I was down 700 before today when I bought spy puts.

>>11358634
I think this is a bot.

>>11357752
20% in the red

I-I bought TQQQ on leverage...

>>11358655
wrong, I'm just an anon who predicted this and wants people to admit i was right

>>11358664
>TQQQ
irreparably and absolutely justed

>>11358664
>>I-I bought TQQQ on leverage...
>bought leveraged stocks with leveraged money

TWICE! DOUBLE GRAVE!

>>11357967
Buy TQQQ in the morning.

who /Australian/ here

What do

>>11358693
my grave's about the only thing I've ever been able to double ;_;

>>11357967
C-congrats, anon. I-I am...really VERY happy...uuuu.

>>11358722
Not short?

After the China hack was revealed, I predicted 5 days of bleeding and since then we had 5 red days in a row.

Seriously, think of the economic implications of Chinese manufacturing being a threat to national security.

Dow Jones:

RSI Divergence on the 30 minute Time Frame, prepare for Mean Reversion (likely to the 5 period Moving Average) to occur on the 4 hour Time Frame, over the next couple hours.

Heh, BTC just got rocked almost as hard as NI225 in the past hour

this might be it lads, brace yourselves

>I got a test tomorrow from 10-12
fuck, going to be a stressful day tomorrow

Niggas iffy, uh, blicky got the stiffy, uh
Got the blicky, uh, drum it holds fifty, uh

>>11358798
*Bullish Divergence

Chink spy shit in every American device. This is bigger than the fucking sham that is the Russian investigation.

Seriously an act of war.

Is everyone bullish for tomorrow...

>>11358816
haha... yea

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>11358835
>>11358835
>>11358835

NEW

>>11358835

A 25% dip before eoy would be just about perfect to avoid paying short term capital gains taxes this year

>>11358850
Y-yeah ... haha

>>11358812
what a weird coincidence that the same US that desperately needs an excuse to wage war against the chinese that have them by the balls ... get an excuse like that.
i guarantee this is not an act done by your own NSA/CIA whatsoever. better get emotionally invested into what mainstream media wants you to, only good can come out of this.

Hong Kong and Chyna markets open in 30 minutes... they gonna dump... then the European markets gonna dump... then we gonna dump some more

>>11358812
Hence economic warfare... except we all collateral damage