/biz/ - Business & Finance

Golden Bull commences on the 6th

THE BLEEDING WILL ONLY STOP IF YOU REPLY "THANK YOU BOGS" TO THIS POST

buy SJM GIS and KHC please

>>12007458

>anon i--um---

Who here /JUST'd/?

Buy the dip

first for sell all your dividend stocks, the whole world is about to end, just spend the money on hookers and blow.

Bears confirmed for smart investors. Bulls confirmed for deluded retards.
Boy I wish I was smart enough to day trade.

Everyone is still doing good today right?

>>12007470
-%7.5

Don’t play with options boys.

selloff accelerates into close
nothing pepperonal kid

the suffering comenenses anew

how do you prepare for recession

BULLTARDS BTFO
>He thought he bought the dip

Started a month ago with $200
I am at $189 today
The highest I was was $206

Down $200.
The only thing that are legitimate risks in my account are TQQQ, SPXL, and LCI.
And I didn't even actually invest heavily in those.
I think it's mostly just because my OGE went down, either that or BAC and C.
I'm gonna hold this recession, but I'm really wondering whether holding onto BAC and C is smart.

Experiencing this every few days is getting old... it's been like 2 months now. Can it just stop?

>>12007492
Selling Stocks
Stockpiling Fiat for rebuy
Buying some Gold
Buying Put options

>>12007492
By all inning TQQQ and buying $250 dollars worth of it every week until it Omega God King Golden Bull Run comes

>>12007439
I'm new to this whole Stock thing, is today the Robinhood equivalent to the Christmas Steam Sale?

when does the pain stop.

>>12007494
If you didnt make money buying the dips and selling the rallies youre literally retarded

>>12007529
Why would you want it to stop? This is golden age Optimal range trading

Today's PUT options bought yesterday. I love this market.

WHEN THE FUCK IS 4PM GETTING HERE

Anyone else only come to /biz/ when they see a large drop just to post red wojacks?

>TFW you realize the Bogs instructed Mueller to hold off on releasing the Flynn statement until after market closes

I REALLY hope nobody is buying the "bottom" right now.

THIS IS RIDICULOUS

Fuck, will spy stop teasing and break below 270 already

Trump will initiate the golden bullrun

Nervous, Why does trump have to get drunk and go to twitter to vent.

last minute buying Lowes
start TQQQ buys possibly friday

What is everyone doing on their day off tomorrow?

>>12007599
So fucking frustrating. It's done on purpose but idk why.

>>12007612
posting crasher wojaks

well fuck me for thinking I made money last week

That was some serious market penetration.

WEED WHAT THE FUUUUUUUUUUUUGGG

I went all in this morning and it. just. didn't. stop. dropping.

No. NO. Fuck this. Fuck this panic. No. I'm not selling shit. Go to hell.

>>12007612

crying in bed.

>>12007595
FUCK, if the market crashes and the boomers lose all their retirements FVE is going to be a shit hole

So sick of emotional little faggots with their uncontrollable panic. I didn't sell shit because I refuse to get bogged on Thursday.

JUST

>Hey dad I got into Julliard, can't wait to tell my boyfriend. You can afford it right?

>>12007660
Is everyone /biz/ a literal teenager gambling their allowance?

Cant wait to cash out of all these TVIX gains and buy cheapy TQQQ on Thursday

what the fuck guys.
i just woke up to this.
after donny said the trade war over, I went 10x long on apple yesterday.
I'm already liquidated.

UNOFFICIAL CLOSES:
*DOW: -788.11 POINTS, OR -3.05%
*S&P: -89.73 POINTS, OR -3.22%
*NASDAQ: -282.23 POINTS, OR -3.79%

>>12007656
>implying thursday isn't going to be more red than this.

>>12007439
REEEEEEEEEEEEEEEEEEEEE NOCOINER TRICKED ME AGAIN!!!!!!!!!!!!!

>>12007612
Studying for finals

>>12007689
We actually have a small Golden bull run scheduled for thursday

>>12007689
should be fun. doubled up on a few more $16 sqqq calls

>>12007680
>going 10x on anything ever

You brought this onto yourself

>>12007711
Triple dubs confirm

>>12007660
-$2,044.96

J U S T

*deep inahle*
MY STOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOCKS

wtf is happening? this is global recession bois

fucking Trump and his "deals" I want off this ride

ya winnin' dad?

>>12007675
Post your portfolio, you high and mighty faggot

>>12007660
what were you in?
that's bigger than the indices

>>12007599
Trump doesn't drink

wew lads

>>12007761
Pfizer calls.

>>12007612

Canada is still open and I will be trading. Weed sector has to bounce, Aphria or no Aphria. A bunch of stuff that was already trading at a discount shed an extra 20% the last two days. Everything is oversold. Legitimate companies here. Good financials. No legal controversy. It's fucking stupid.

ALSO WHY IS THE SIP N' PISS DOWN 3.25%. What catalyst? Why is everybody selling?

>>12007769

SELL SELL SELL

>>12007660
you're looking worse than crypto. Jesus fuck

>>12007762
Yeah sure and i brushed my teeth this morning.

>>12007769
>that small refuge of heavy metals stocks.

>>12007680
RIP

>>12007769

>>12007769
this is why you invest in utilities

>>12007810
Hedge with utilities and consumer staples

>>12007810
>tfw had 20% in PCG a month ago
thanks biz

>>12007791
That’s just me being retarded and deviating from my strategy. Woe unto degenerate gamblers.

FUCK YOU DRUMPF

>KHC 49.99

>>12007823
PCG was an anomaly
They went down because a malfunctioning machine they made caused the California wildfires

How do you get approved to trade options on robinhood?

Quick reminder to always do the opposite of what /biz/ tells you to

I WANT A REFUND

Was this because the markets are closed tomorrow so the companies that were supposed to post earnings aren't going to post any earnings so it's like they have 0 revenue?

>>12007877
This was to honor the memories of traditional market sentiment during bush years.

>>12007872
Should have used paypal boy.

>>12007479
cool pepe fren, mind if I save him?

Apologies are needed

>>12007923
I bought one of these but I can't figure out how to put the chips back together.
any advice?

The one saving grace of this is that I have a chunk of cash coming in from a pension plan I had with a former employer. I will be able to buy the bottom with something more than the ashes that are my portfolio.

Worst two days of the whole year for me, today and yesterday. Aphria controversy (no position), but rest of the dude weed sympathetic dumps because fuck it sell everything why not, broader markets post the biggest red dildo since October today, weed dumps moar. I'm back to July levels now. Whole August bull run wiped away.

THANKS FOR THE FUCKING CHEAPIES

Oh boy

>>12007936
I use hotglue, you can swap it with friends

green day feelsgood

updated

>>12007992
liar

>>12007995
>buy button taped down
>the bear is always buying because he never stops pressing the button

what did you mean by this

>>12007784
Shill me some weed gems

>>12007689
gaping up 100 points Thursday

>>12008007
I think that might be your buy button as you are stuck buying while the bear is killing your stocks.

>>12008028
>while the bear is killing your stocks

I'm doing fine right now

see >>12007788

>>12008022
The futures are looking lighter.

S&P TA. Developing potential trends in green, older longer term trends in purple. I see two general scenarios, in terms of TA, here,

We're gonna be okay™ scenario:
>range between 2650 and 2750

second scenario in following post...

this will be a beautiful wedge before the inevitable breakup to 3000

>tfw joked about selling everything and buying TVIX on October 2nd.
>tfw joked
When is SPY going back to 290, friends?

>>12008045

We're all fucked™ scenario:
>break February low
>return to the long long trend highlighted in yellow
>that'll be a potential low of 2250-2300

>>12008014
Holy fuck. That cat perfectly represents 90% of /biz/raelites.

>>12008035
kys attention seeking faggot

How are you getting prepared for the Greater Depression of the 2020s?

>>12008063
lol

https://www.youtube.com/watch?v=enY3sXZUwBI

>>12008063
nice trajectory.

>>12008064
2022

>>12008095
>posting the dub

recession incoming, i'll see you all at 2100 SP500

>>12008014
>Shill me some weed gems

It's still the same story with weed. US most bullish. The only Canadian one I think will be reasonably reliable is Canopy Growth. Canopy is very close to support line right now. Could be good buy time. Stop loss below support in case of more of... this... shit.

US dudes weed:
>Acreage Holdings
>Curaleaf
>Cresco Labs
>MPX/iAnthus
>Planet 13 (retail) might oversold bounce tomorrow on Canadian markets. It got beat up bad the last few days. I mean they all got crushed but Planet 13 moreso.

>>12008171
>>12008014
You guys should check out the Pharma plays my favorite are

EMMBF
CNTTF
NMUS

>>12007660
What are you a child? I'm down 9K. Don't give a fuck.

>>12008170
>meme coins
>safehaven assets
hmmm

>>12008001
no lmao

>>12007660
WHY DOESNT ROBINHOOD USE Y AXISES

>>12008014
Gene is the biggest vertically integrated cannabis company is western Canada and it's trading at over 50% discount from its all time high with a 100 million aquisition in the early stages but looking like a sure thing.

Great day.

Full fucking economic crash woo-woo! Everyone join the China train, Hell yeah!

this industry finna pop

>>12008273
nice afterhours options punk enjoy blowing ur shit up

>>12008095
Holy fuck, this speech is amazing. Have you more?

Thank god I'm too poor to own stocks

>>12008318
just watch Guts man its great

>all those bullfags gloating yesterday

where are they now?

>>12008318
https://www.youtube.com/watch?v=XNWE17GqibI

:)

my buddy has offered me to try this i markets live thing. its 130 quid a month, but he tried to convince me that i can make that much in a month
3 weeks later he stopped because he ran out of money
im not gonna pay 130 quid a month but they use a harmonic software, and my inquiry is do harmonic scanners consitently help you make money from investments?

>>12008308
Been there done that, these are here to last.

>>12008293
Maybe propping our entire economy on cheap chinkphones was not such a good idea?

>>12008352
is this fucking real?

SMINEEEEEEM

>>12008293
we need to figure out how to get africans to buy smartohones

>>12008370
yes my nigger. are you seriously telling me youve been in the stock market all this time and never realized this? BRO!

Its also why indexing is a meme. Our entire economy is dependent on like 6-7 companies

>>12008333
>just watch Guts man its great

the anime/manga is called Berserk, the main character's name is Guts

>>12008347
very few people in this general know what a harmonic scanner is, let alone use one

>>12008370
>>12008379
no, its top 5 vs bottom 250
I thought it was top 5 bs rest

>investors don't base their decisions on reality but their perceptions of reality. The actions that result from these perceptions have an impact on reality, or fundamentals, which then affects investors' perceptions and thus prices. The process is self-reinforcing and tends toward disequilibrium, causing prices to become increasingly detached from reality. the global financial crisis is an illustration of the theory. In his view,investors assumed that on a nationwide basis housing prices would never decline. And as they came to believe a financial instrument made up of subprime mortgages, if properly packaged, could be as safe as their AAA credit rating implied, prices of those assets became detached from reality. This bubble eventually collapsed, resulting in the financial crisis.

>This theory runs counter to mainstream economic theory. This theory states that economic participants are on the whole rational and that they make decisions that in the aggregate amount to good choices. It also holds that free markets are effective at balancing supply and demand, at pricing assets correctly, and that they are self-correcting, resulting in equilibrium. And at equilibrium, market prices reflect fundamentals, but do not change fundamentals.

>>12008318
griffith vs guts first duel (1997 original version) :)

https://www.youtube.com/watch?v=0YIN7O-PmWY

ukfag here
which is better, degiro or interactive brokers
and why

>>12008333
I already watched Berserk years ago, but I have not paid attention much to this scene.

>>12008344
Thank you! If you have more, I'm all ears.

>>12008392
Today we are experiencing the same with FAANG. Investors are assuming on a NATIONWIDE BASIS that Tech stocks will never decline. As a result they came to believe Facebook ads and the Instagram-economy, if properly packaged, could be as safe as traditional value stocks which produce tangible goods and services. Prices of FAANG become detached from reality, and eventually this bubble will also pop

>>12008426

>>12008349
They litterly have an expiration date.
>here to last

>>12008437
>>12008426

>>12008352
>>12008379
>he bought index funds to avoid getting /TECH'd/
OH NO NO NO NO

>>12008381
Not once have i gotten any advice from here
fit has helped me massively get swole
some of my favourite reads come from lit
ck is sometimes helpful with recipes
this is the only board that doesnt actively make any effort to help people. Its just a bitcoin discussion and rage wojak sharing site
is there anywhere i can go to answer this question

>>12008464
the answer I have to this question is that the fact that so few people on here know what one is, let alone use one, should tell you that it isn't worth the money
after googling it, it seems like something that would only be worthwhile if you were a day trader and consistently made a profit, two things that coincide very rarely

>>12008464
also, the fact that your friend ran out of money in 3 weeks should tell you all you need to know

Just shaking out some weak hands

>>12008464
were all Panjeets here trying to steal each others money by scamming, while the Jews are sitting back and benefitting from it all

>>12008171

I've had a look at the charts just now and think the following are probably most likely to see short term upside. Canopy Growth, TerrAscend, Canntrust, and Curaleaf. Also CRON but be very careful about that one. chronos group is up because they are rumored -not confirmed- to be a buy out target by Altria. Talks have allegedly happened, no deal in place yet. If the rumor turns out to be false or the deal in progress falls through, cron will nosedive.

Most risky is Curaleaf as it is a newly public company and does not have enough trading history to build an actual low support other than the pre-IPO prices, of which it is currently trading below. I'm including CURA in the list because of the buy volume I saw on the hourly chart during power hour today.

>>12008462

>>12008392
Facebook, since it's reliant on ad dollars essentially just acts as rent on the rest of the economy, and thus it's value will come and go with the rest of the economy. Amazon and Apple have heavy logistical and manufacturing components to their business models, but it's also these aspects of their business that put them at the most risk, especially after they've already streamlined all the obvious features and labor starts to fight for better compensations. Netflix's value is just tied to the shows it can license, whether it can succeed long term entirely depends on how it's original content does as competition from Disney and other platforms becomes more fierce. Google might honestly be the only one that might really make it, considering all the investment they're doing in AI and related research.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>12008532

forgot to crop muh chart. here. the point is the volume spike for the buy side in the last two hours of today's session.

>>12008347
>>12008464
generally speaking anon you don't need anything special to invest. Most info you need is publicly available so long as you're not trying to day trade, in which case you'll just be throwing money away anyway.

Jesus, ya'll were scaring me acting like something strange or bad happened. I'm 70/30 in MSCI World/Emerging Markets ETFs and I'm comfortably up from two weeks ago when I last checked. Everything is fine. Just some Burgers throwing a hissy fit. EM isn't even affected at all.

In b4 "but muh yield curve".

Who cares, buy the dip and hold.

>>12007439
Rundown ritual boys and girls.

>>12008347
no, almost all indicators (besides unique ones you create yourself) are not going to help you make money. they will most likely lose you money because algos can counter them trivially easy

nothing but your own personal style devolved by yourself to fit your own personal trading preferences will make you money.

>>12008702
its ganna go up for 9 months before it goes down. plenty of money to be made

>>12008352
I guess this is Nasdaq100, right?

>>12008870
its the top 5 S&P companies and the bottom 200 S&P 500 companies
its very misleading

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

if you're risk adverse, be sure to put some of your scheduled investment money into a high yield savings account instead of the market until we know the shitith will hitith the fan..ith

>>12008577
>Google might honestly be the only one that might really make it

Cool, still not ganna buy any

>>12008909
Ye, I don't intend to either, at least not till it comes crashing to the ground first.

>>12008379
>Its also why indexing is a meme
I want to say you're right, but at the same time, if you invested in a SP500 ETF, at least you got the gains. If you bought a few other companies but not those 5 ones, you would've been fucked and missed the bull market of these past 10 years

>>12007612
Work plus doctors appointment

lmoa

>>12008612
what do you mean daytrade, how is it bad
also what is it called when you dont day trade

>>12007612
working.

>>12007567
what did you buy?

>>12008977
>lmoa
>licking my only anus

>>12008977
>lehman brothers: Don't fear the housing market

>>12008977
DUMP IT

>>12008995
lehman wasn't run by Jamie Dimon tho

>>12008352
>Cummies Inc

>>12008392
Soros is fucking based

>>12008977
>yes goy, keep pouring money in, don't worry

>>12008978
day trading is when you're trying basically trying to make gains by buying and selling stocks and other assets the same day. Because of the randomness involved on that small scale, it's basically on the level of gambling. In order to make consistent money you need to have identified underlying long term trends and invest accordingly.

>>12008352
this is the type of fake propaganda a democrat would use

where are the other 295 companies?

What are those random spikes in the aftermarket trading? Some trading program acting up?

>>12009055
institutional investors doing it right.

>>12009055
i have no idea but my guess is that some large specs algorithms got triggered and bought then sold

saw a post here, is this really like steam sale?

>>12009067
probably not a good idea to bite yet, especially with the yield curve inverting. We're just a couple months away from a crash.

got it, how are u preparing for it then?

>>12008702
B-but all the scary stories from CNBC though!

>>12008977
>JP Morgan
>please buy my bags goyim

>>12008978
look up pattern day trader if you live in the US

>>12008606
Short covering imo

>>12009146
I've put most of my money in low risk mutual funds, t-bonds of various kinds, high yield savings, and some in companies that I think will do well in a recession, namely Dollar General and Verisk Analytics. Dollar General recently had a sell off due to lowered forecasts on the year because of hurricane damage, it'd probably be a good time to buy that I suppose.

what the hell happened to tsla today? It always seems to trade very strangely on big market down days.

>>12009021
Got it
what about doing it over multiple days

>>12009163
im a uk fag

>>12009206
well, the randomness somewhat decreases over time, but I still wouldn't recommend it. It's extremely high risk.

>>12007581
Yes, except I don't post them. I only consume them.

After seeing my holdings in Aphria lose half their value in two days I now understand why men went home and beat their wives

>>12009227
ok so let me lay out my situation
im 19 years old and engaged. unemployed for 6 months, want an engineering job because of my stem a levels, will probably just end up working retail. I want to save up money so I can buy land in a less wealthy country and start a life. How do i best do that
Also thanks for the advice so far

>>12009206

multi day is more in line with swing trading, which is trading via riding short term (days to months) gains that you discover by analyzing TA and/or fundamentals

>>12009206
unless you got 25K minimum in your account, you're not going to be able to day trade

and do not, i repeat DO NOT day trade on margins

>>12009295
and is that bad
>>12009313
what if i save up 25k
whats a margin

holy fuck im retarded
sorry for asking this stuff, i just want a good life for me and my fiance someday

>>12008977
kek, that's when you know they're pulling of a Margin Call

>>12009270
if you can save 50%+ of your income and invest it for the long term, you'll make it better than most people.

Investing 24K in the stock market every year starting with 0 dollars will make you a multimillionaire in 30 years. use dividend growth stocks to help increase that amount in hedge against inflation

>>12009324
yeah you're retarded
that's ok tho most people are retarded
dont think and set up a three fund portfolio

https://www.bogleheads.org/wiki/Three-fund_portfolio

>>12009270
Dump the girl unless she can support you. Get the engineering job. Save money individually and never tell her. Always have a plan B. Do not have kids. Do not buy a house with her unless she pays for it all. Prenup. This is not a man's world. GL

>>12007439
Fuck Trump

>>12009324
Pay close attention to her. When things go south, it happens really fast and you can be blindsided especially when you are young.

>>12009270
Well if that's your situation day trading is an especially bad idea, it's an incredibly unstable kind of life and it probably wouldn't mix well with married life at your age. You want mid-term investing over the course of several years, with most of your money in mutual funds so you're dealing with less risk.

Right now, especially with the yield curve close to inversion, it's best to just put your money in safe places so you can invest in stocks once the market's crashed and prices have gone down. That means bond heavy mutual funds, T-Bonds, high yield savings (at least 2% at this point) and maybe CDs. These things will allow you to keep pace with inflation so you don't loose value.

Once you find a job, figure out your expenses and then budget in a certain amount you will invest and save. No matter what, make sure you have some cash on hand in savings, at least several months worths of expenses, in case of an emergency. After you've got that buffer, put the rest towards your investment portfolio as you get each paycheck.

Once the market crashes relocate your money from bonds towards stocks, especially bluechips. Look for equity based mutual funds, index funds, and etfs in sectors you think will do well. Once you've got that money there, just wait and hold until you get enough for you to reach your goal.

Also, happy to help anon!

>>12009335
i wont be able to even make 24k most likely, but i intend on investing as much as i can
i dont really have 30 years, i want out of this system by my mid 20s
>>12009344
ive applied to engineering jobs but most dont give it to you
also we shared our first kisses together. shes traditional and kind to me and shares my dream. she even got a job to save up for me. i cant just leave her

>>12009324
go to trade, your employer will do the investing for you.

Boy I can't wait to lose money.
Time to enable margin trading on TDA.

i GOT JUSTD IN ALL MY STOCKS IM JUSTD THE ONLY THING STILL IN THE GREEN IS ARMN AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

I'm down 4% in one trading day and Thursday is going to be even worse.
It's over lads

>>12009426
>why aren't my slaves taking work home with them?
>why can't my employees work 24 hours a day?

>>12009398
Good luck. I hope you achieve your dream!

>>12009436
LETS SCREEN TOGETHER AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>12009426
my blood burns with the rage of a thousand suns

>>12009370
Things cannot go much further south than they were when the relationship began. ive been an autist my whole life.
>>12009388
Youre a good dude, ive screenshotted a lt of this advice, thanks
This economic crash will affect the uk right? Whens it due. I know a bad deal brexits gonna happen so thatll cause a mini crash too.
>>12009401
What do you mean
>>12009343
im confused, what is this
how do i set one up

>>12009459
ONE
NOTHING WRONG WITH ME

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAA
AAAAAAAAAA

>futures
we will NEVER go below 2700 again

>>12009426
He should prepare for a mutiny like the good ol' feudal days. The guillotine is getting sharpened

>>12009426
>wagecucking

>>12009469
the whole point of dividend fren buy and hold investing is to hold and cost average down when things go downhill
either do that or take the /noncyclical/ pill and put your money into consumer staples, health care, and utilities

>>12009426
Fire the plebs, hire wen/blacks/pajeets for 1/2 pay plus diversity. Well...maybe not blacks.

>>12009466
I'm happy to help anon!

Because of how interconnected the global financial and economic system is, it's a pretty safe bet that the next recession will also be global. Brexit is also a big risk incoming, and a good reason to hold your money until prices come down.

>>12009487
Pink wojaks are a coping mechanism you homosexual, learn to meme

>>12009541

>>12009176
>Short covering imo

Agreed. The thing is Curaleaf is the largest dude weed in the US right now in terms of multi-state assets. I think Acreage has more licenses but they don't have as many dispensaries open yet. Only reason it was down at all from last week's flat range is retail panic and short pressure.

>>12009541
>muh ebin meme shitposting culture

my preferred coping mechanism (not that I actually need one right now, I'm doing fine overall) is calling everyone weak-handed faggots

So anons, when will you start shorting women CEOs? AMD fell nearly 11% today. What an absolute bloodbath lmao.

>>12009574

>>12009599

>>12009313
>and do not, i repeat DO NOT day trade on margins
Retard.

>>12009608

>>12009632

>>12009632
I would hang this in my house if there's a metal print version. 10/10 rare art wojak.

>>12009636

>>12009636
>Temporary setback, I'm a long term investor
This is literally you. You say this all the time. Prepare to be wiped out by your shitty memefolio.

>>12009637
i have a folder full of rare wojak also my GF has that one and another one in canvas in her place she drew a couple of them for me

>>12009649
I actually believe it, though
That's the difference between me and the person in that picture
I'll hold and cost average down the entire time, whereas the average retail investor will sell at the bottom
Also, even if GALT and VTGN get wiped out (which I highly doubt will happen), I still have 25% of my portfolio in WTR, a water utility dividend artistocrat

>>12008171

i've got 30% of my portfolio in cash, bonds, and gold. do your worst bearfags, my body is ready

I sold at a 7% loss today on 30% of my portfolio. RIP me. Oh well Ill just buy at the bottom of this correction whenever it comes.

>>12009694
>>12009698

>campbells soup having a hard time finding bidders for Bolthouse Farms
cringed hard

>>12007479
Yeah because I'm dollar cost averaging and if this dip continues through thursday I can get some cheap indexes.

Dollar cost averaging only works if you have infinite money, you pussies need to learn when its bear markets and get along with it, stop resisting and start shorting, edgelords.

OH FUCK SHE'S GOING DOWN
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>12009857

>>12009857
STAIRS UP SLIDES DOWN
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>Bush Sr took the economy with him

>>12009874

>>12009817
>implying I would ever take advice from a cryptofag

>>12009817
>shorting
>calling others edgelords
You might make a lot of money but the potential losses aren't always worth it. Plus I'm a new investor reading Graham so I won't short for 2 reasons:
1. I don't have a lot of experience with shorts/options so I'm not going to fuck with them yet.
2. Way too much risk
3. I'm an investor, not a trader.

>>12009817

Not until S&P breaks rising trend line. Today was scary but it didn't break below any meaningful support.

>>12009904
>2 reasons
I'm tired. Make that 3 reasons.

>>12009941
There's always risk involved, even in "investing" You have to secure your wealth. Risk 1% to gain 10%, doesn't sound risky to me.

>>12009960
Teach me about options trading. Or at least give me some good links to learn.

>>12009904
Options were originally invented as a risk hedging tool. As a new investor, one really good use for a put option is when you are shifting into a sizable position and you want to make sure you buy in at the bottom. Say you buy 2k in XYZ at some price you think is the bottom, then you buy a $100 put option on top of that. If you didn’t call the bottom like you thought, you get to dollar cost average with the houses money, if the stock goes up, you make up the cost of the option.

>>12009904
>I'm an investor, not a trader.
then you would be out of 80% of your stocks
use believer instead of recession

>>12010012
that entire post makes no fucking sense

>>12009904
See, that's the thing kiddo. Potential losses are just potential. I'm all about those bear gains yo.

GE might finally break $7 this week.

>>12008045
>>12008065
nice posts man, i'm a complete newbie and I've been lurking these threads.

How do people actually trade "indices" like S&P and DOW? I get how derivatives works, but what's the value in making the underlying an index? Just cause you can?

>>12010146
Indices like SPY are usually more liquid than the stocks it comprises of (not always, but generally) and ideally carry less risk because you're exposed to a broader market. That's why you'll hear people tell new investors to just throw money in an index, you can more or less forget about it. Derivatives are just 'cause we can. You can put a derivative on anything. Heck, they even have derivatives on volatility indices and you can't even trade those because they're not even assets lmao.

>>12009574
Kill yourself

>tfw holding onto my divvy stocks forever

>>12010172
>can't even trade those
you mean they're over-the-counter or literally can't trade them? I find this shit fascinating, thanks for replying

>tfw holding divvy stocks forever
>tfw they already pay my electricity/water bill

>>12010187
You literally cannot trade them - they don't exist. Some old fart invented volatility indices as a way to just kinda gauge how volatile a market is. But there's nothing "underneath" it. It's literally just plotted points on a graph. Like some kinda shitty economics/science experiment. But then another old fart bet a second old fart, "Hey I bet you this graph will be higher than X a week from now." "Oh yea? Bring it on Boomer McBoomerface."

Comcast down $1.46 after announcing two new nigger channels, AFRO and CLEO.
You can't make this shit up.

>>12010146
>>12010172

Just to add; we I do TA on an index like the S&P it's not because I'm trading it directly. When the big indices break bearish you can expect the majority of stocks (even "recession proof" stocks) to follow for at least a while. A long enough while to trash your portfolio if you don't sell.

Anyway, welcome to the stock market. Your complimentary soda and anime DVD will arrive in the mail in 6-8weeks.

>>12007439
I want to keep buying stocks but today has got me worried, what are some primo recession stocks I should get, I expect to lose some when the recession hits but I just want to not go full into things like gold. I already have an emergency fund invested in bonds.

I was thinking Wal-mart, Dollar General, Weed Stocks (not for recession but I expect that they will go up in 2020) and possibly some food related stocks.

>>12010220
Go back to pol you naz-
>https://app.cheddar.com/videos/comcast-adds-two-black-owned-networks-to-the-channel-lineup-in-2019
holy fugg it's real
based and redpilled niggers ruin the economy.

>>12010211
>he doesn't trade a derivative instrument of another derivate with leverage

>>12010237
>based and redpilled niggers ruin the economy.

Black people don't wanna watch that affirmative action shit either. Only people happy about it are SJW women.

>>12010237
Money ain't racist.

>>12010237
What if ccast declared a "white owned" network? The outrage would be palpable. Damn racists!

GREEN DAY TOMORROW

>>12010264
>Only people happy about it are SJW women.

Who, incidentally, also don't watch the shows/channels they fought to make happen.

>>12010234
Dollar General for sure, Verisk Analytics is also my buy.

>>12009637
>>12009668
There was one thread on /biz/ probably a year ago that artists got together and made rare wojaks
Incredibly talented

>>12010284
>GREEN DAY TOMORROW
>tomorrow cancelled
what does this mean?
>>12010298
this is better than dudeweed. How do i invest in this?

>>12009608
Literally me a few weeks back lol

Today sucked. Everything is red. Can't even buy the fucking dip cause I've got no extra funds/spare cash to do it with. (Won't have that till the 14th). Even my poor hero Amrn couldn't escape the shit fest. Hope thursday and friday is rocking green all day.

>>12010234
WM
HON
LMT

>>12010284
Cheeky bastard.

>>12010234
KO, T and Dis are good ones also

The number of customers using apple pay is rising at a pretty good pace. Will apple eventually become a fintech company? But then again they don't actually make a large amount of money off each transaction, so IDK.
Paypal is cool with it's Venmo, which zoomers use on a regular basis
I'm not sure about SQ sustaining growth
>>12010305
Long Adobe

>>12010269
Shut up, faggot. I don't want to pay for nigger channels.

>>12010381
>paying for cable tv at all

>>12010362
Apple is getting into the film production game as well. Don't know why, unless the end result is to be like Amazon with it's Prime/Streaming service or something like that.

>>12010402
If cable channels were actually decided by the people who actually buy cable there'd be nothing but Fox News, Oprah's network, the Travel Channel and USA. The boomers would at last have all they could ever want.

>>12010205
but will we survive the recession?

>>12010404
Their revenue sources are barely moving the last 6 or 7 years, they need diversification imo
https://www.statista.com/statistics/382260/segments-share-revenue-of-apple/

so fucking stupid that the market is fucking closed tomorrow.. we can't be fucking just giving every person that dies a damn holiday! wtf!!

This is getting out of control.. then like every week it's like "national bullshit day" where they make a day for something like fucking doughnuts!! come the fuck on people!! idk who is voting for this shit or how shit like this even comes up but it needs to stop!!

>>12010515
That piece of shit George Bush doesn't deserve all of the praise he's getting I agree. I'd also be pretty pissed that the market is closed tomorrow if it wasn't at a low right now and I wasn't getting paid on thursday.
Looking forward to picking up some VTI between 138.00 and 140.00

Guys I sold 30% of my shit ... Hoping to buy back at the crash

>>12010538
Did you sell in the green?
Because if you sold in the red you shouldn't have.

>>12010538
buy high sell low.
never change, /biz/

>>12010538
Anon...

>>12010548
>he sold?
>pamp it

>>12010538
Oh man thanks, now I know it’s gonna go up on Thursday.

>>12010560
>temporary bottom reversal
>he's still not buying sir
>pump it and paint it a bull flag
>...
>he bought in
>DOMP ET

>>12010571
lmao

>>12010246

> tfw you actually do this and make money

>>12010205
how much divvies are we talking about here?

>>12010298
might have been my girl she is on biz all the time

>>12010544
No I was down 7%. Lost 1500. Oh well

>>12010682
Why? You should just hold through the recession? You do realize you don't lose money until you sell right?

>>12007673
underrated

>>12007612
Working.

CRON stayed green like a fucking champ today.

Absolutely fucking BASED

>>12010644
Tell your gf she's baste and pinkpilled for this fantastic work

>>12010749
>tfw you put money into Aurora and Canopy instead of Cron.

>>12010402
Don't worry, worthless tripsfaggot, I don't use the Talmudvision.

>>12010782
TLRY and CRON are the big guys in the room everything else is just noise. Not too late to hop on the CRON train friend.

Drumpf tweeted bizarre stream of consciousness tweets 10 times today.
He's gotta stop this shit

>>12009681
lmfao when youre down 72% you will capitulate like everyone else.

>>12010703
yeah I understand that but I also can rebuy it a lower price and make more money. I temporarily lost money but I feel that I got out high enough to make it worth it in the long run.

If I'm wrong please tell me

>>12010758
il take pics of the work she has in her office tomorrow and post it then.

>>12010799
What's wrong with Aurora though? Their financials are good and they have a strong brand. Plus they're very inexpensive right now. Also canopy has the backing of Constellation, even if their financials are only okayish.
Also, please educate me on Tilray and Cronos. I've been thinking about diversifying into those particular stocks within the dude weed portion of my portfolio. How are their financials? Are they backed by any big players?

>>12010284
>84
>8
>4
Stock market 50% drop confirmed.

>>12010828
You should be using dollar cost averaging instead of selling at a loss. Never, ever sell at a loss. Unless the companies in question are under investigation, have terrible financials and it seems inevitable that they're going under. That's why I won't touch GE with a 10 foot pole.

>>12010888
fuck you anon GE will go to the moon just you watch

>>12010904
new
>>12010904
bread
>>12010904
freshly
>>12010904
baked

>>12010903
Sell now for your own good anon.

>>12010942
im 2k in im riding this bus of a cliff

>>12010960
Sell and buy bonds, commodities (GLD, SLV), possibly some cheap oil (but not a lot), and maybe dow, nasdaq and S&P indexes. Although you might want to wait for the latter to dip a bit more.

>>12009426
turns out the commies were right all along, I'm as surprised as anyone