/biz/ - Business & Finance

I loaded up on the TQQQ bottom. Comfy as fuck waiting for a gap up green day

Second for Comfy's love life

Can i get someone to do some TDA on LINK?

>>12062052
fourth for GWIM!

>>12062076
s-stop

>>12062086
s-someday

>>12062132
large spec table
not shown reluctant on the floor

>>12062132
>>12062184

>comfy and I at the winners table

Daily reminder that the stock market is tulip mania 3.0 and you're going to lose all your money

>>12062226
Found the libtard. When Trump begins his reelection campaign Dow will be at 35k

>m-muh death cross

>>12062184
Reluctant is chopped into little pieces in the food

>>12062496
Most of the predictions based on statistics and index numbers is cargo cultism.

>>12062496
I guess this means we are going up!

What does /smg/ do on weekends?

>>12063708
do homeworks
analyse markets
do research
make battle plan

>>12062502
Lol

>https://news.ycombinator.com/item?id=18638299
Lots of west coast stem/normalfags are beginning to talk about the upcoming recession.

>>12062035
How do you guys decide when exactly to sell a stock?

>>12063999
>999
Oh fuck.

I am going to say this just this once
Buy Lithium ETFs or stay poor

>>12063999
That's a buy sign. "Be fearful when others are greedy. Be greedy when others are fearful" - Adolf Hitler

>>12062132
>>12062184

honestly sell anything that is above 10 p/e that you're not 100% sure has some patented fucking explosive shit with a great plan to sell it and will explode in profit.

novideo, mocrosift, apple, netflux, shintel, amazhone, teslo, doesn't fucking matter if they get more and more profitable, they're way overvalued even accounting for that. 5% earnings a year on price is fucking nothing after inflation. NOTHING

NOTHING
NOTHING

ONLY GREATER FOOL THEORY IS HOLDING UP THE STOCK PRICES ON ALMOST EVERY POPULAR STOCK

a fucking bort mission. no fundamentals are going to catch these stock prices when they pink wojak down. no buybacks are going to be sizable enough to stem the tide, because the companies can't afford it.

only stocks whose companies are very misunderstood and underestimated with huge profits and huge future profits that spend a large amount of that on continued buybacks might weather the storm.

Give me your pick for Monday. Tickers only. I'll do my own DD.

>>12062132

>>12064178
Sell everything in general if you think a market crash is coming. It won't matter how good a company is in a crash.
Cash is an asset all ok its own - Buffet
(I think)

>>12064355
If you can't predict the timing of a crash, and you know of a very undervalued stock that might moon before the crash, and has tremendous buyback potential during a crash and will rebound among the absolute fastest after a crash, then holding that is a way of to not miss out in case crash doesn't come for 1-2 years, while not being absolutely dogshit pink wojaked by holding stocks propped up by greater fool theory alone.

for example, if micron crashes to half its current price, one year of earnings allow them to buy back half the company's market cap. that's the only kind of exception one should ever dare to make when awaiting a crash (if one believes in continued high earnings).

>>12062496
The 200 day clearly passed the 50 day during the last recession in 2008, why no red line?

>>12064436
if there's a crash, micron's earnings will go through the shitter

>>12063708
Gamble on the orange man tweet market

>>12064641
depends on what kind of crash. if its a huge stock market crash, but consumption rates stay within 20% of current levels, I'd say they have nothing to worry about.

if there's a recession that leads to extreme mass unemployment and unrest, their total addressable market shrinks dramatically.

some of the more in-debt business customers of micron will go under if there is a credit crunch, but their competitors with better cash flow will increase production to meet end user demands.

what always gets the most justed in stock market crashes is luxury product and service markets, especially high end real estate.

Horrible China data released late Friday night. Very low chance of the Brexit deal passing Tuesday. Get ready for the no bounce open later.

>>12064727
https://www.bloombergquint.com/global-economics/china-s-exports-and-imports-decelerate-amid-trade-war-slowdown

>>12064727
My bet would be on a hard Brexit, might be some opportunities to get cheapies in the uk afterwords.

>>12064727
Markets are going to fucking shitter shatter, Therese Mey will resign this week.

>>12064727
https://m.scmp.com/news/world/united-states-canada/article/2177153/china-summons-us-envoy-protest-extremely-nasty

Anyone have the biz mega?

People at my new wagecuck job are starting to talk about the recession we're about to have. But these aren't low paid minimum wage niggers these are whiteboi suburban engineers who have probably never had any real life struggles to date.

Is it actually happening?

>>12065001
> Recession back on the menu when the previous one is barely over
fucking epic

Wouldn't a etf/fund with board market exposure, such as S&P 500 help during a downturn. I thought that was the whole point of them; to help keep loses at a minimum while also giving you some sweet gains if the underlying stocks do good.

>>12065049
S&P has dropped 50% for each of the last two recessions. The broad market isn't what you want.

>>12065049
The best thing to be holding during a downturn is noncyclicals (utilities, health care, consumer staples) and 2x inverse ETFs

>>12065049
if we have inflation, yes. if we do not have inflation, no. Prices will drop across the board and SPY is overexposed to things like apple and M$ compared to other stocks that will retain their value.

>>12064006
probably when we've made a profit...

>>12065084
>profit
I don't know the meaning of them dirty words.

>>12065001
You are foolish to think financial opinions of normies are worth listening to. The same people got hyped about Bitcoin in late 2017.
>>12065049
No, the point of index funds are low fees and no effort. They only perform well in a bull market. Actively managed funds have beaten them in the current volatile environment.
https://www.barrons.com/articles/active-stockpickers-are-outpacing-passive-funds-1478318812

> Stared at econ paper for 10 hours wondering what to write and can't come up with a single fucking word

>>12065049
>>12065224
What about something like SDY? Payouts shouldn't fall that much in a recession right?
Wouldn't you grossly outperform the market? Are dividends truly my fren?

>>12065254
Feels, whats the paper on?

>>12065292
Retirement & Pension system.

>>12063939
>implying
>>12063708
Spiral into alcohol-induced oblivion and spend Sunday recovering and, if the mood fits, showering and maybe cleaning up a bit. That's the /smg/ life.

>>12065299
Write about how it is incredibly inefficient and how boomers a fugged once recession comes

Dow will be under 20000 by New Years

Here's your worst case scenario bro.

Doesn't even begin to take into account the more nuanced savings from the 2017 tax bill nor the potential for tariffs largely being under 25%. You can think of the timeline starting in November 2016 upon Trump's election. At that point, the market began pricing in expected corporate tax savings. In November of 2017, the actual plan was revealed to grant a direct 21.5% benefit to corporate profits (along with additional savings), which the market reacted positively to. Too positively, however, as the S&P quickly corrected from 2870 to 2530, which fits perfectly, as 2530 is just about a 20-25% change from pre-2016 election numbers, thus the market just about perfectly captured the tax savings.

The market continued its regular uptrend in 2018 until tariff rhetoric ramped up. At worst, tariffs would result in a 25% drawdown from either the ATH of 2900 or the properly price 2500, which is a range of 2200 to 1900.

Do what this as you will.

>>12065434
Problem with 401k system is it relies on the individual actually choosing to save $$$ and wisely investing it. Most people aren't interested in spending the time to do so. Pension system is better for the masses.

Peter Schiff waz right

can anybody make a list of 20~ stocks to park your shit in during recessions?

im thinking like

WMT, KO, NEE, DUK, D, JNJ

Its also god tier to just cost average down in 2x index funds though, dont want to miss that oportunity too...

>>12065049
Passive funds are a trap like other anon posted. They only work in bull markets. Lose 50%+ in recessions. They are for sub 100 IQ normies who failed math and hate numbers. If you have some brain power you should go with proven active investor or pick things yourself since it's not hard.

>>12065299
Gross, economics student as well so i feel your pain.
>>12065434 Could be a good topic, or maybe one on when the boomers retire. Since its going to fug most western economies that aren't the united states.....

>>12065590
Most people don't beat the market. Investing in US Total Market or S&P 500 is the tried and true conservative approach. The market recovers, so if your horizon is long enough losing 50% for a year or two doesn't matter. Just keep investing every month.

>>12065664
>The market recovers

Sure, but the question is HOW LONG does it take to recover. You only live for 60-100 years mate. You can't wait forever.

Example: VEU tracks the international markets excluding the US and has never recovered from its high in 2007. If you invested in a broad international fund you would have lost money in 11 years of investing. People are delusional if they think the S&P500 will go up forever. We can clearly see this does not apply to other developed international markets. I wouldn't be surprised if SPY doesn't reach 300 until 2050. Telling people the market will always recover is reckless as it ignores their time horizon.

>>12065709
>You only live for 60-100 years mate. You can't wait forever.
Significantly less than this amount on time based on the entirety of history

>>12065664
Investing anywhere near ATH levels has historically been retarded, outside of a few instances. Even if the m market somehow found a way to double its value before the next recession, it would still tumble 50-70% in the next recessions thanks to a bursting corporate debt bubble and a likely return to democrats in power (ie, higher corporate taxes). I don't get this idea that you MUST invest your money or it's burning away. Fucking Buffett himself is at all time high levels of sitting on cash.

If you're really a retard, just turn your brain off completely and wait for a 50% retracement from ATH. Until then, keep your savings in treasuries.

>>12065729
You need to make money in a significantly shorter time window than that. Money is worth less when you're old. Money is most valuable when you're young when you can still do things.

>>12065709
>People are delusional if they think the S&P500 will go up forever.
Why? It's always gone up. The US is the financial powerhouse of the world and is the only superpower. It also doesn't have the internal issues that China has, such as the ingrained and deeply widespread corruption. Unless there's an apocalyptic event, it seems likely the S&P 500 will continue ticking upward.

>>12065709
Don't compare the rest of the world with the US.

>>12065731
You should read this:
https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/

Also, RE: Buffet, his situation is different than the common man investor. He saves billions in cash because he receives investment opportunities that aren't available to the public. It makes sense for him to save cash when he knows sometime down the line he'll receive amazing private deals.

>>12065738
Well then don't buy long term investments you autist. Trying to argue the SPDRs are somehow a bad investment because you think investing for retirement is bad is dumb as fuck. A very significant amount of people plan to pull money out at 60-70, and for those people just buying the market works fine just like always.

>>12065738
It's all about risk and personal desires. If you want to risk the money you make now to make lots of money quick and run the risk of losing it, that's your choice. Other people are OK with saving some money for entertainment and saving some money for conservative retirement strategies and retiring in 30 years.

>>12065520
Back test utilities, they aren’t the way. Discount stores and healthcare are the safe havens, along with the Aristocrats and Kings.

>>12065434
>>12065619
I thought about writing about potential flaws of investing into banks or government bonds when interest rates are as low as they are in Europe (I'm Eurogarbage unfortunately).

>>12065520
WM

>>12065815
Negative interest rates also (Switzerland)

>>12064334
c gis abbv

>>12062035
How do I invest in the S&P 500? Is Vanguard the best way? I started a Roth IRA but have no idea what to invest in. I’m just a poorfag brainlet

Your thought of buying low stocks from fuel cell companies at the moment?

>>12066005
Do not invest in the S&P500 right before a recession. This is literally the dumbest thing in the world you can do. You will immediately lose 50% of your money. Hold cash. A recession always happens 100% of the time within 18 months of the yield curve inverting which occurred a few days ago.

>>12065768
Just checked the math on that article. Not even remotely accurate. Actual value of his portfolio would've been just above $500k, not even close to $1.1 million. Also, if he just turned his brain off and only purchased after a 30% retreat from ATH levels, he would've been sitting on above $700k by retirement, and that's not even considering the bonus he'd receive from keep uninvested savings out of the market.

Pic related is my way.

>>12065768
>>12066102
And here's the method the article recommends. It makes a good point of how you'll make money regardless, but "timing the market" is not some mystically challenging endeavor when markets frequently over-correct.

>>12066082
You are looking at the wrong yield curve.

>>12066102
>>12066106
>>12065768
Also, I just noticed in the comments that the author included dividends in his calculations. But not only would dividends fail to make up for the nearly 30% disparity between my performance and Bob's performance, but I would be in the market for roughly the same amount of time as Bob (after all, I bought just a few months after whenever Bob bought). And frankly, the treasury returns on my savings would've made up for most of my losses on dividends.

All in all, the article is making a point that you can be retarded and make money. But again, you can easily time the market because the market is an overreacting piece of shit.

>you can easily time the market because the market is an overreacting piece of shit.

Post your positions for next week.

>>12066200
The context of the conversation was over the course of 40+ years. Nobody can time the market over the span of a week.

>>12066222
>you can't time the market 1 time but you can do it 2080 times
What is your argument here?

>>12066200
Short Google.

>>12066005
>>12066082
>>12066109

If I'm not confident with timing an inverse ETF and non-cyclicals, should I just go all-in on gold companies or hold cash?

>>12066258
If you want to ignore the chain of conversation, go ahead. I made the point (and proved the point) that you could turn your brain off and only buy in after 30% drawdowns and be better off than someone buying the top.

>>12065487
Ha! Peter KIKE is a fucking moron.

>>12066275
>only buy in after 30% drawdowns and be better off than someone buying the top
No shit, but what about vs someone that buys continuously instead of buying at the most unlucky times?

>>12066275
>>12066565
This is what I've been doing, I buy twice a month $500 each time no matter what. Sometimes I get a steep discount and a few times I have bought the literal all time high day, but i dont care about the value of my assets until 15+ years from now so cost averaging is the ideal way to do it

>>12065958
In sweden as well

Posting redpills from the book I'm reading.

>>12066003
are you shorting GIS?

>>12067138

>>12067138
Denominating the market in oil works decently well too because of how critical it is for all industry. You can also adjust the dollar for buying power, and then measure it like that.

>>12067143

>>12067159

>>12067138
>>12067143
Yes, gold is a safe-haven tradeable commodity. A true eye-opener.

>>12067173

>>12067182

>>12067191
>>12067182
>>12067173
>>12067159
>>12067143
>>12067138
ok bro we get it.. no need to shit up the thread anymore.. thanks for everything

gonna sell me some e-minis

https://www.google.com/amp/s/amp.cnn.com/cnn/2018/12/08/tech/elon-musk-gm-electric-cars/index.html

Elon preparing share holders for the worst

>>12067199
>Post actuall relevant information
>Shitting up the thread
Gas yourself, tripfag.

>>12065471
Depends on how they are managed, during the 2008 crisis my goverment took from the public pension system and bailed out the banks, and the gov:t appointed people running the funds are usually up to shady stuff, helping their friends out, etc. Now they tell us how the system is underfinanced and we have to work longer and import niggers...
/swedecuck

>>12067302
oh yeah because posting pictures without giving any context behind them is going to help you deeply with trading.

what the hell do these graphs of 'shit in DOW' even mean

>>12067386
Nothing
Gold shilling retards like to pick and choose time intervals that make their 'investments' look real even though they get outperformed by Treasury bonds

>>12067385
He might be giving a bit of a 2macro4me perspective, so of course it isn't very good for trading. Makes you understand how shitty inflation is tho.

>>12067385
Markets don't actually increase in value. There. I spelled it out for you. Now crawl back to whatever subreddit shithole you came from and stay there, Big 5 Guy.

Finished the paper. Got around 5 pages. Could've probably written more but feel like fever and puking the past 8 hours.

>>12067386
They mean that Gold is true currency and markets don't actually increase in value. The very notion of internal growth or a golden bullrun is a fallacy.

>>12067410
whatever you say newfag. good luck on your hindsight trading

>>12067422
Good job!
Yeah, allnighters are shit. You shouldn't procastinate.

semi related but if inflation rises over the next couple of years, will interest rates on savings accounts likely rise too?

>>12067432
Fuck off Big 5 cocks. You aren't fooling anyone. Post your P/L, nigger. Earn your tripcode.

>>12067441
Must've been the hamburger I ate about 12 hours ago. Haven't felt right ever since.

>>12067432
you don't need to have a tripcode on every time you post, you attention whoring faggot

>>12063708
I work Wednesday to Sunday graveyard shifts for the government. I will make 50k before taxes this year. For me this is making it, but don't be like me when you grow up. Even as a recluse my life is painfully lonely and depressing.

>>12067471
>>12067450
lol samefag

>>12067506
I would be curious to see your overall p/l
I've posted mine a ton of times

>>12067506
no one here gives a fuck about you or your stupid posts. go shill your trash somewhere else

>>12067506
P/L. You're probably not even actually trading.

>>12067490
I'm alone but not lonely desu. I mean sometimes I think about what it would've been like to grow to be normal healthy person but even that does nothing beyond a shoulder shrug.-

>>12067527
>no one here gives a fuck about you or your stupid posts. go shill your trash somewhere else
you obviously do and so does >>12067524

>>12067524
I've posted it before.

>>12067536
ok

>>12067552
No you haven't. You've been using that trip for a month and a half tops. Just post your P/L. It's easy.

>>12067608
>No you haven't.
want to know how i know you are new?

>>12067191
Can you name this book?

>>12067441
actually if you guys can bother im gonna share some philosophy before i slep
You know the pain of loss? As Schopenhauer teaches us that pain is a result of the process we go through when our expectations "readjust" to our actual circumstances. It is, like many pains, a result of our mind meeting with reality - and the resistance encountered in the thought matrix when doing that.Procastination is the same. The pain, or rather resistance, you feel as you approach the end goal (ex. a finished paper) is from this inherent resistance in the thought matrix, since we have to move our goal to fit with the end goal (they are ofcourse different in the beginning, but the same in the end). While some would say that it is the fear of failure that makes us hesitant and uncertain, thus making us procastinate, that can be simply observed to not be true by experiencing the feeling - it is not a fear. it is a pain. a pain of loss. the losing of certainty. You might think i went full ouroboros on you but i am serious and a bit drunk so i think i will go to bed now

>>12067627
I agree, you are a bit of shit big5guy.

>>12067627
Want to know how i know you're a shit poster? You're afraid to post your P/L.

>>12067802
ok buddy.

>>12067199
Unlike you who is ACTUALLY shitting up this thread, he posted some interesting graphs that serve as discussion points for the stock market, since this is stock market general and not 'trading general'. Faggot.

>>12067847
don't be so butthurt kiddo.. tell me how much you are learning from those "charts" lmao!! that is the lazy way of doing things.. no wonder 90% of traders fail.. because they think all the answers are in a chart. LMAO!!!

>>12055380
This is why you invest

>>12067847
>implying debating about someones trading approach isn't talking about trading.

wew lad

>>12067199
>>12067888
check'd, but you're still shitting up the thread faggot.

Also, I just spend $19 on a full tank of gas when I'm used to spending $30. Should I go all in oil/gas now?

>>12062035
Cool pic, OP! Saved

>>12062132
<3 <3 <3
I feel so included and loved.
At least I'm on the west coast now, frens.
I hope we didn't leave anybody out

>>12064159
Kek

>>12067888
You are a literal fucking autist. No one claimed to be learning anything significant from the charts, they're just interesting discussion points about the stock market, though your autistic brain might not understand the concept of a friendly discussion. Not everyone in this thread is a wannabe trader and probable failure like yourself, some people are just passive long term investors and here for a discussion. At least that dude posted something relevant instead of pulling this entire thread off course like you have you autistic nigger.

>>12067950
>autistic brain might not understand the concept of a friendly discussion

i genuinely don't.

>>12067138
Dank. Saved.

>>12067159
Ok. I don't understand the significance of this one. I can't into commodities.

>>12067894

>>12067894
Remember that you die if you work

>>12067995
DJIA grows slower than the price of commodities

>>12068371
Ratsu can you look at AB and give me your opinion on that sweet yield

>S&P and Nasdaq futures -0.75%
>He didn't sell last week

Enjoy bagholding until 2030. SPY will hit 250 this week, and 130 early next year. Nothing can stop this crash.

>>12068429
I dont like high yields, compare to USA and HYT, scroll out to the 1980s
and if it can beat those I guess Its good

December 10th 2018, better known as, Black Monday 2.0.

>>12067940
all in UWT

FUTURES DOWN 200 POINTS
IT'S FUCKING OVER

>>12068568
the ride never ends

>2018/11/20 Cramer: 'You'll wish you sold at these prices'

Why didn't you listen to him? He ran a hedge fund... He was trying to warn you...

https://www.cnbc.com/2018/11/20/cramer-investors-will-wish-they-sold-stocks-now-if-fed-hikes-rates-next-month.html

>futures open red
>up another 50 pips on my GBP/JPY short

gonna be a great week lads, thanks for buying the dip

>>12068608
And a few days ago he said the market would sell off big if they didn't hike rates this month.

He says what big money wants him to say.

>>12068568
can somebody make a pink pinhead wojak with the caption "we have such losses to show you"?

>>12067291
>https://www.google.com/amp/s/amp.cnn.com/cnn/2018/12/08/tech/elon-musk-gm-electric-cars/index.html
hes said that since day 1 over and over

excellent, I can pick up even more Cheapies at open before the golden bull starts

>>12062035
Guys i'm afraid of a recession and the US debt
Is gold and silver just a meme? What can I buy on Robinhood that invest?

>>12068738
gold and silver is certainly worthless trash

>>12068738
US debt isn't real because nobody in the world has the power to collect it.

>>12068768
once boomers die off it'll be fine

>>12068738
i've been thinking about buying some gold coin blanks to stamp my family crest onto. if i'm going to have shiny stuff as an investment, i want to go full pirates treasure with it. coins, pearls, stones, the works.

>>12068726
Elon Musk is actually really proficient at Tesla FUD. He trash talks it daily, while simultaneously shilling

>>12068736
Keep catching the falling knife.

>>12068801
He has a knack for free advertising. Tim cook should smoke weed on podcasts to revive the apple brand.

People are retarded / short sighted so they didn't understand it was worth billions in free advertising for him to chimp out.

If you want to puke your brains out just scroll through tim cook twitter

https://twitter.com/tim_cook?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

How such a pencil knecked ball-less onions shitter got control of a 1 trilly company is disgusting. Apple has ZERO future with tim cook.

I love to collect stamps

We are trying to make the world a better place

We have great ideas like the apple watch

Look at the amazing new feature, wow it's amazing

It's time for Apple to get someone besides a weirdo with zero personality to manage the company. The gravy train of managing the iphone is over.

kotick needs to go as well

Very similar reasons. He turned actiblizz into a great jewing machine pumping out maximal value from COD and blizzard to some extent.

Problem is those franchises are all end of life. The squeezing out of value which he is proficient at is no longer all that valuable.

DJIA -300 now.

tell me exactly what apple is working on

The "Titan" project car?

They dont have a factory
they haven't started on shit

Are they going to spend 6 years on a fucking UI for cars?

It's the clear sign of every failed project you have ever seen. No clear goals, no actual progress, just theorycrafting..

Such projects HAVE no chance against waymo, cruise, tesla, and the myriad of projects actually pushing real shit out.

There is no way they can have a good feedback loop with pie in the sky projections. Why the secrecy? Why hold the project back?

They are fucking clueless.

They lost hard in all new spaces besides stupid ass watches. Are they dominating home speaker market? Are they doing shit besides iphone?

Tim Cook's usefulness is over. Iphone is maxed out. You need someone who doesn't just manage existing shit okay, but someone who can bring a new project to reality. Titan is giong nowhere and all the "secret projects" will likely fail.

If you are investing in Apple you're literally retarded at this point.

Yeah
thinking we going under 2600 this week

Xanax, quilts, and relaxing rocking chairs in human form.

Should have been dumped last year. He was great while they could milk the brand but now the brand is diminishing. What next?

welp, at least my fund distributions are next week. that should count for something right? reinvest lower and all that? help

please make it go up

The ass-milk-chugging intellectual at work

HIGH IQ WOMAN

>>12068982
The exact opposite is true during a recession
They need someone who wont fumble sales

>>12064610
Ahhhh gottem

imagine wasting a huge amount of brand capital to sell a stupid ass watch because you have no balls or interests

APPLE is the next blackberry

Nikkei crashing. BOJ do something! Ahh samurais please help!

>>12069033
>The exact opposite is true during a recession
lel

holy shit you are dumb as fuck

Apple should have bough tesla years ago and been making insane bank off the leftist green people this year with them at +20% price of what they sell for now and apple ecosystem integration.

Everything apple is doing is pretty much retarded at this point. Tim Cook is an imbecilic retard. "Hollywood actors" for TV shows like 4 years late to the party.

He should be canned ASAP and get someone with good ideas in

Apple should care less about a recession except they have nothing besides dumb refresh of phones.

>>12068941

Futures are being pretty twitchy this evening. Now back to around -0.7% on SP and nasdaq, -0.8 for Dow. Trending up from the early sell off for the moment.

BOLD TIM COOK IDEAS

Apple is said to be spending as much as $1 billion over the course of 2018 on original TV programming. That’s a lot of TV! It’s not the $8 billion Netflix is going to spend, but it’s still a huge commitment.

What can you get for a billion dollars? Well, some simple math gives us 200 episodes at $5 million a piece (a reasonabl

Planet of the Apps
It’s like Shark Tank for app developers! Celebrity judges Will.i.am, Gwyneth Paltrow, Jessica Alba, and Gary Vaynerchuk sit through pitches by app developers who go on to try to earn big VC money.


Just burn apple to the ground. They have ZERO future.

>>12069029
She's wonderful

>>12069083
>>12069066
>>12069042
>>12068997
>>12068982
>>12068911
>>12068892
>>12068859
>>12068812

Sunday night skitzoposter engaged

>>12069087
desu it's pretty ideal

Experience all your sexual fantasies, make tons of money, transition to making money off being a hipster

If you are open minded about sex it's not so bad of a career path. As long as you don't end up a trainwreck druggie. Plus she did it before porn paid jack shit and less of the new gen of roasties hit the industry.

>>12068941
>>12069077
-2% by cash open.

>>12069093
Tell me comfy

DO you think Apple's new products will be any good?

Titan - 2024 car project?
Augmented reality - 2029 I bet

They have no urgency. What the fuck are they doing? Are people not burnt out waiting for tim cook to try something new yet?

The decline in apple is because it's the most boring tech company int he world now.

>>12069054
boj will fill the gap in 1 hour

YOU HAVE TO BE KIDDING ME


https://www.cnbc.com/pre-markets/

if you feel like it's gonna crash much further start raising cash!

>>12068982
Apple is going to try to make their own semiconductors. They are slated to stop using Intel chips in 2020.

>>12069141
Does it actually matter though?

They had the best chips for this year's iphone. It's not like they even push refresh rate or anything. Does it matter?

>>12069129
WHAT THE FUCK IS THAT VIX SPIKE
FUCKING 9%
ARE YOU FUCKING KIDDING ME

>>12069147
yes, it does matter. Apple is vertically integrating to position itself as the premier consumer electronics company in the world. it can't branch out from phones, tablets, and watches until it does. plus, Apple is straight up getting gouged on silicon because of how high the margins are.

For example, 438 stocks among the 2,051 or so stocks traded on the New York Stock Exchange (NYSE) have plunged between 40% and 94% from their 52-week highs.

Some stock pickers feeling the pain! Extraordinary Faang scheme leveling off it's good for markets go get rid of those few overpriced techs

Apple is heavily brand orientated

What the hell are they doing with it? They could have bought / worked with Tesla and pushed a "green future" aspect to the company

They could have bought whole foods even

Fucking facebook is doing more innovative hardware than Apple is these days. Also secret development hell never coming out projects don't count.

If they started on a factory today for The Titan Project it'd likely still fail and be out in 2021 when waymo already had autonomous driving fleets deployed.

>>12069175
>it can't branch out until it has its own chip

lel, I bet tim cook thinks that while going over his stamp collection. A few % margin doesn't matter. Apple has no fucking ideas.

>>12069066
Yeah no
Many boomer investors are desperate for atleast one of their companies to perform solidly, Apple is at the top of the any lists when it comes to solid companies who wont fudging lose 10% sales next year

Seriously your views are so despondent from what investors desire its laughable

>>12069198
Maybe investors are retards

Go 10 years back and put tim cook in charge. Think apple is worth anything today?

Why is the PE multiple so shit on it compared to other tech?

>>12069174
I hope you already placed your puts my dude

I'm curious to see how the dude weed performs tomorrow. The ETF broke out of descending trend on Friday with good buy volume. Dude weed sometimes follows broader markets, sometimes not. Correlation is loose at best. I tend to think the Altria entry in to the sector will keep it bullish so long as broader markets don't do anything too crazy intraday.

We'll see.

>>12069209
Times change
Time for dynamic innovation is on pause for time being

Now is for knife fight survival in uncertain times

>>12069221
The VIX futures are the only ones I care about, and a 9% jump is NOT A GOOD THING
Thanks for the cheapies, you fucking niggers

ef

>>12069227
this is such bad thinking

There are multiple tech breakthroughs worth fuck tons more money than "surviving"

They have cash. They aren't gonna die. They are already investing tons of workers on titan project, AR etc. They just need better vision and actual urgency to market.

Tim cook is worthless right now. Need a shaker to take the helm.

Do you think milking phones matters now? They already did that long enough.

It's like thinking Kotick will guide actiblizz to the promised land now as the brands decline and last $ is already milked off them. It's actually time for the opposite of a milker.

>>12067199
fuck you nig, you are getting filtered

>>12069223
There's also the farm bill this week. I think weed sector wont take a big a hit as the other ones if this market decides to roll over and die.

OH NO IT'S ALL OVER

>>12069266
>farm bill

Yeah, it would be nice to see that finished up this week. My understanding is this is the last week to get it done for 2018 before the holiday break.

Anyone have anecdotal evidence about how busy Black Friday and after has been? My mother said that it was a lot less busy out than the previous years.

>>12069342
everyone shops online now. black friday is a relic from the Mall Era

>>12069312
>that soijak

QEQ. About fucking time.

>>12069342
record revenue

Everyone shops online because stores are gross.

>>12067199
>>12069261
ive been thinking the same thing, time to filter this guy, hope he keeps his trip on.

all he does is post mean spirited trash.

>>12068800
based

>>12062046
Thats what i said after the october dip and im still waiting :,(

>>12069495
You had two big ass golden bull runs after the october dip to deleverage nigger what are you doing

make sure you switch back to QLD after third one

Be honest, what do you guys expect tomorrow morning? Return of the Bull, or the Bear's revenge?

>>12069549
Bear tomorrow. Bull not long after. Powell will pull back hikes. Trump will resolve the trade war. Moon mission.

>>12069549
Run to 267 or so.

>>12069568
>Powell will pull back hikes. Trump will resolve the trade war. Moon mission.

how do u know

>chink foreign minister has summoned US ambassador to China over Huawei CFO arrest
>Markets set for a rocky start
Just as the trade war shit was starting to cool down. Fuck this shit.

>>12069549
it's gonna be a fuckin' massacre.

>>12062035
>be me
>saving for a year
>"theres no reason to not put your money to work"
>its early august
>dump most of savings into "safe" etf's in australian and US markets
>make some decent profit, bragging to family and freinds
>"its fool proof and 0 maintenance"
>October
>>> Just hold
>November
>>> J...Just hold
>December
>>>JUST

People are saying its going into full bear market ive already lost over 500 dollers (12.5%) what the fuck am i supposed to do i have no idea what im doing when will this bullshit end? its not supposed to be like this

>>12069575
They are already setting up to do it. Powell is dovish. Trump has too much of his image invested in the market to watch it fall.

>>12069549

You know in your heart of hearts.

>>12069604
https://www.businessinsider.com/dollar-cost-averaging-into-a-stock-crash-2014-9

>>12069604
Save for decades. You don't even need to look at that shit anymore my dude.

>>12069604
Keep buying. That’s how DCA broad indexes work.

>>12069644
It is hard to not watch a train wreck man. I check my phone every two fucking seconds.

>>12069604
fellow australian here.
desu if I don't see a bounce in the us market overnight/our market this afternoon or tomorrow I think I will go full on capitulation sell all (blue chips at least). We are at pretty crucial levels here and good news seems scarce as of late.

>>12069626
>>12069644
>>12069648
you guys are gonna cringe hard but i am not a long term investor.

I was planning on cashing out in mid 2019 but now it looks like id be better off eating my losses and cashing out now?
im so fuckng frustrated

So guys I need serious advice. I pulled out 50K of my portfolio which is about half of what I have. I plan to buy back in at the bottom of the crash when things are in their darkest hour. I know timing the market is hard but it won't be hard to wait to buy below where we are now.


Anyways, what should I buy at the bottom? DOW? S&P500? Total Market? I want something that will give a huge return but is reasonably safe.

>>12069655
If its not an individual stock it's mostly irrelevant how it's doing. This isn't even that bad right now.

>>12069690
>tfw 30% of my portfolio is BABA

>>12069685
Vtsax. But I wouldn't try and time it. Too many people can turn it around. Powell and Trump especially.

>>12069702
You are like the 3rd person to suggest this fund to me. Why do you prefer it?

>>12069660
>>12069673
>People are actually going to sell this close to the bottom.
Buy high sell low, like fucking pottery. This is why poor people will always stay poor. Don't let your emotions rule you.

>>12069685
If we do go full on recession, I believe financials will (and historically do) see some of the best solid gains afterwards.

>>12069718
It's a total US low cost index fund. Heavily diversified. Even more so than an s&p 500 tracker. It's as safe as being in equities gets. You will roll as the market rolls.

>>12069731
im trying but they keep saying BEAR MARKET why the fuck are they trying to scare me I just cant bare to keep watching it fall all my fuckin hard earned wagie hours

>>12069731
Yes, you're right. This next bottom must be right under the newly broken, historically significant one!
My comment was more relevant for the Australian market anyway. The future is starting to look kind of bleak for us.

>>12069757
People are naturally attracted to doom and gloom. If you assume the worst, you are pleasently surprised by outperformance.

And people panic in mobs.

>>12069757
>>12069763
When people are fearful be greedy

>>12069777 (checked)

I need a serious answer goys. Cash out now or keep playing?

>>12069835
I personally chose to cash out last week before that 800 down day. As I said in my post I am waiting til the big show before I go back in.

>>12069835
if we're gonna cash out at least wait for the bounce in mid december v_v

Sup guys. Anyone long Cannabis producers/retailers?

>>12069835
Cash out. You're never gonna make it.

>>12069862
CGC

So how exactly do I cash out before I lose any more money? Do I set Stop Loss sells right now and wake up safe and sound?

>>12069871

Definitely a good pick. I hold CGC, CRON, TRST, HEXO, MPX, APHA and some small caps.

>>12069801
It's all so tiresome. I've been optimistic/bullish throughout almost all of the ordeals we have faced over the last few months but I'm starting to cave in. I don't want to, but I think eventually you have to make a call. The Australian market has seen the same levels of corrections that the US has over this period and yet have experienced no where near the same level of growth (we are still well below pre-2008 levels). I'm still undecided, but I feel the bear coming on, particularly for us. I think it is worth noting Trump's apparent intentions with the US/China trade war and that he is trying to slow down the Chinese, which will also take a large toll on the Australian economy.

>>12069878
Just market sell out early tomorrow. Then sit on it til the market has clearly recovered and wait for a true bear market months or years from now. Never buy in until it hits the true bottom that you won't know til it's passed.

>>12069908
I guess I'll wake up early tomorrow

Why did crypto crash? I mean it was bound to happen eventually, but what triggered the recent crash? Also lol @ the guy who took out 20k debt consolidation loan and put it into crypto rather than pay down debt, now owes 40k.

>>12069908
peaks in the first week of every month? expect next peak in early Jan, More pics to follow

>>12069945

>>12069954

>>12069945
no

>selling
>ever
This thread has become infested with pussies

>>12069685
DIA

>they sold the middle of the golden bull run

>>12070020
it is kind of sad how emotional people on here get over the most minor losses

>>12070020
>>12070077
hhaha i-if you just never sell you can't lost money, r-right guys?

>>12064178
Market will probably be in the green on monday, maybe tuesday too, followed by more red days.
Monday will probably be a good time to buy some shorts.

>>12070077
trouble is we seem to be stuck in a series of hope relief only to fuckin crash the next day its super taxing on my constitution

>>12070115
Now imagine that chart as UDOW
>>12070131
stop being a pussy

I just started investing about a month ago, and I have sort of been just putting money in various dumb /biz/ memes like TQQQ, Dude weed and AMD as well as buying some recession proof stuff like Wal-mart, Coca Cola and Dollar General. I invest about $500 minimum a month up to $1000 a month. Probably average around $800 a month.

Can I make it in 20 years?

>>12069905
>It's all so tiresome. I've been optimistic/bullish throughout almost all of the ordeals we have faced over the last few months but I'm starting to cave in.
3 months of your life in a correction is an "ordeal" lmfao. You may as well go ahead and sell now because you're never going to make it. Also, why you would ever invest in Australia is beyond me, they are going full authoritarian nanny state just like the UK and the population is one of the dumbest in the western world, not to mention they'll probably get a leftist government at the next elections.
Anyway, I'll gladly buy your bags, because that's how people like me become wealthy and people like you stay poor.

>>12070151
>TQQQ
more like retire in 3 years

>>12070164
australian market isnt as resilient or fast moving as US markets

however lately it seems to crash just as hard as US stocks, and doesnt bounce back much if at all. i think thats what this anon was trying to say

>>12070164
You know it's a lot simpler/cheaper to be investing in your local market as opposed to another country's. Also why do you think we are in this correction? Because of "ordeals" as I put it, which is precisely what I was referring to when I said it, not the correction itself, I think you misinterpreted me there.

>>12070151
you'll make it in 7.

>>12070077
>sell the falling knife
>buy back more later at the actual bottom
>double your stack instead of bagholding a -60% loss for 3 years
really makes you think

im gonna fucking kill myself if we dont have a rally by Jan

>>12070225
>actually believing you can reliably time the market

try this for yourself and let me know how it went a year from now

>>12070193
>You know it's a lot simpler/cheaper to be investing in your local market as opposed to another country's.
I don't think that's true. Using Stake in Australia to access US markets is almost definitely cheaper than any other platform available in the country for domestic shares.

>>12070238
I will let you know. I am attempting to do it now. Going to wait til people on here are killing themselves before I go back in.

>>12070229
Why are you only investing until 2019?

>>12062035
nig nog

I am planning on shorting AMZN next week. I will bail out on any strong break above $1700. Will be looking to cover around $1500 if it looks like its gonna hold.

>>12069604
You better get used to holding. You're going to be doing it for the next 7 years until you see green again.

>>12069595

For S&P I'm looking for October low to hold. $2603. If it dips in to 2500's the algos are probably going to start dumping again.

>>12070164
>high proportion of job qualified chinks
>no birthright citizenship
>giant moat around the country stopping third world retards
>only allow intelligent to apply for VISAs
>stable western country
>virtually no Africans

I fail to see another country better off than Austrlia in the long term

>>12069862
>Anyone long Cannabis producers/retailers?

Yes. The dude weed itself looks decent for a bull run here. Broader market pressure is... an irritant, at the moment. Makes me nervous. Individual charts take precedence over whatever I think the indices may or may not do, for now.

>>12070456
if we break 2600, 2532 has to get retested with out a doubt.

>>12070238
I thought this was a stock trading thread?

>>12070547
It is a stock market thread
I was talking about trading/investing strategies in that exact post, in fact
The picture attached to the post doesn't change the content of the post itself

Nikkei is in free fall. This is looking like the big one for sure.

>>12070626
nikkei always has those types of intense swings on fear. Most skittish market by a mile.

>>12065520
TSLA, NVDA, AMD, INTC, GOOGL, AMZN

>>12070626

I'm not going to freak out about the nikkei unless it goes below 21100. Sub 21k would be real bad.

>>12065520
Commodities:
SLV, GLD, as well as something in oil.
Utilities:
VPU
Consumer products:
DLTR, WMT

>>12070663
>TSLA
You realize TSLA almost went bankrupt in 2008 right? Like few days away from bankruptcy. Nobody is going to buy electric car during recession.

watch the market be all bipolar again and btfo bears.

some of you are ok, don't look at dow futures or come to the stock market tomorrow.

>>12070703
>during recession
you're so fucking dumb if you think no one in America has 50k during a recession.

>>12070738
>dow futures

Nothing spectacular going on with those right now though. US futures have stabilized since they opened earlier.

>>12070758
>>12070703
>tfw everyone in the world was unemployed in 2008

those poor people

>>12070758
You're right, the first thing I do after my investment portfolio tanks 60%, I lose my job, and my home is repossessed is to buy a brand new $50,000 electric car. Doofus.

the market crashing will justify every time i put off investing until now.

>>12070779
yeah you're right

>>12070810
>my investment portfolio tanks 60%, I lose my job, and my home is repossessed
>implying that happens to most people during a recession

Kek these new levels of drugs they put in me on
Me back on sevier treatment seriously lung / heart problems stuff

Me immune system am at war with mah heart and heart is losing kekekek

These pills am on, completely separate me from reality
It's an unique experience am on atm very hard for explaining

I'm seeing four realities behind each eye, a two dimensional world in which actions take place there control ne 3d body
It's like as if buying and selling stocks am the same thing as brushing teeth

This am so crazy

Who here is buying as many puts as they can find for the iminent fallout thats coming in the next year?

>>12070882
can you see the future

>>12070882
good luck with your immune system rkg, hopefully things go well for you

what drugs did they put you on, if you can remember
I find it interesting that they have you on drugs that are having a dissociative effect
I know ketamine (buy VTGN) is sometimes used medically as an aesthetic, but I'm not sure it would be used in your case

>>12070810
2007-2008..

Is not what is happening when 200k software jobs are still available to grads

>>12070882
>>12070927
anesthetic*
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4258981/

>In palliative care practice, ketamine has been administered as a co-analgesic in addition to opioids and co-adjuvant drugs

you could be on ketamine

Asia -2%

>>12071003
>>12071003
>>12071003
NEW THREAD

>>12070882
I'm sorry rkg, good luck with everything, and I'll see you in the afterlife.

>>12069968
You are on to something. Thepatternsite.com says the markets trend up for the last seven days of the month to about the fifth of the next, on average. Since that was widely published and discovered in the 80s I think, the market has been more prone to not obey that rule. The thinking is that dividends pay out, hedge funds and portfolio managers rebalance, and relevant numbers are already digested for that month fomc unemployment etc. So you're not wrong it just won't always be like this because if everyone only held for those days and sold it would be a race to the bottom. If you only held for those days you would miss out on massive gains.