/biz/ - Business & Finance

can't wait for futures to open. fuck boomers for making me wait this long.

>>12138078
Bobo is gonna win next week and you know it fag.

>>12138078
nice try groucho

>>12138058
Checkem

>>12138058
BOBO GAAAAAAAAAAAAAAAAAAAAAAAANG!

GOLDEN BULLS SHUT THE FUCK UP!

https://www.youtube.com/watch?v=TaEdQV7_6dE

remember, the Golden bull run starts tomorrow
Regional banks will revert to mean for a 10% boost
Tech shorting Small specs will be wiped out
Santa Powell will give us the Pump

>>12138078
suspense killing me
Friday was so good
all forms of entertainment were inferior this morning

The COT shows large specs started pulling their shorts on Daq and Smallcaps

Powell is spooked by the market volatility the last couple months. It's obvious from his weakening statements. Back in summer he was all rah rah stay the course hike hike hike. Now he's waffling. Wednesday call will have a forecast of delayed and slowed hike frequency for 2019.

>>12138190
>COT kotgril giving us updates on the commitment of traders
is this a thing now?
it should be

>>12138190
large specs are at record levels or wrong atm

The FED can't stop this recession. You realize if Powell shows weakness on rates it proves that economy is globally slowing. If he raises rates the market crashes. If he stops raising rates then people think economy is fucked and market crashes. Either way SPY is going to 130 within a year. This market is fucked and you are blind if you can't see it.

>>12138207
He was a newfag but now he gets it
Or perhaps it was his plan all along

>>12138281
No miss, they were correct on everything these past few months
They shorted smallcaps and nasdaq which dropped the most, while maintaining a long on SPX and DOW
They will probably cover everything if the russell touches 1399

>>12129585
Source on your image?

>>12138176
Are there any studies that track the correlation between premarket/futures and what the market actually closes at?
Is there any correlation between the two? I'm most interested in the VIX premarket and end result of the trading day

Reminder BullChad's always win
Already buying a house with the money I'm gonna make off of TQQQ monday, which in case you didn't know, is going to the fucking moon
To all my fellow BullChads who held over the weekend, good job lad's we made it
To all the jelly handed BearFags who sold last week because of "muh recession" or "muh rate hikes" enjoy your "win" cause the bulls are about to run up the score

>>12138367
>go to tradingview
>plot /ES1! against (with "/" inbetween tickers) /VX1! (or whatever VIX futures ticker was again)
>look for major deviations from the norm
>overlay, or side by side compare it to the two tickers by themselves
>??????
>PROFIT

>>12138292
You let cynicism overcome you. Bears took your soul and made you a pawn.

You're paraphrasing Cramer of all people. The market will skyrocket if Powell holds off on rate hikes next year. All it is waiting for is certainty.

>>12138292
>You realize if Powell shows weakness on rates it proves that economy is globally slowing.

No, it merely shows that the hike plan was too aggressive for the market to absorb in a stable way. That is exactly what Trump criticized him for. Powell need not consider rate drops at this time, he just needs to take a slower approach to accurately assess impact on each hike. +0.25% every quarter was and will remain absurd. Economy is okay right now but it isn't anywhere near strong enough to eat that amount of shit without throwing up.... so to speak.

>>12138404
Images like this make me love smg so much
>>12138413
Based and profitpilled, I'll do this when I get home

>>12138367
there many theories
market synchronization theory or price convergence theory common ones
they will give you pretty good equations

>>12138404
why tech tho?
go DOW or go home desu

>>12138431
>Images like this make me love smg so much
i know i miss this place desu

for the record tho, am i the only one who has to fill out something like 10 captchas on average in order to make like two posts?
its absolutely relentless and i cant tell if its just me getting singled out for some reason

>>12138420
>You're paraphrasing Cramer of all people
cramer is actually unironically sharp as shit desu
you just could never tell from his show or his stage presence
embeds related
>cramer talking options
https://www.youtube.com/watch?v=0WgUL_eapBQ
>cramer talking how to push around the indexes w a, relatively speaking, small amount of money
https://www.youtube.com/watch?v=VMuEis3byY4

>>12138535
this going down big rabbit hole

you have for ask self? "How can ES_F in Japan have same price as ES_F in America"

>>12138558
'Why Tech' he says

>>12138633
wat happened to the dogs of the dow??
WOOF WOOF??
the """"tech"""" sector needs some good ol fashioned housecleaning imo
kick out all the """""tech""""" companies and put in more actual tech companies. THEN ill buy

>>12138582
because some nibba (ie some nibbas algo) saw an arbing opp and now theyre the same price?

>>12138582
>>12138535
VIX really interests me, and I wonder if I can find some obscure correlation
Can averaging the last five days VIX futures predict the next days close? The last three days? Does averaging the results from Europe/Japan and China mixed with VIX create above a .5 accuracy rate?
These are the questions we need to ask
Goldman sachs probably knows the answer to all of these questions though

>>12138684
2018 dogs of the dow mooned and are at all time highs, its time to wait for better entries

Tech is actually suffered from correction and the daq p/e isnt that high anymore. Also my new theory is broad Tech is now consumer-noncyclical

>>12138689
imo the best way ive found to anticipate VIX spikes is that corporate debt/index divergence thing i was doing all year (hence the total market penis index i modified from rkgs original). this is my old pic from when i discovered the relation. go look at it now

the other really good one ive found is oil. vol in oil leads to vol in indexes 100% of the time.

also, remember:
>what is VIXs favorite animal?

the problem, as always, is timing.
the only thing i can say is to wait until your move is confirmed. youre not a hedgefund so you dont get to get on at the first busstop. you gotta be thankful for capturing the part of the move that they will allow you to.

>>12138748
>2018 dogs of the dow mooned and are at all time highs, its time to wait for better entries
fair
i still think oils upcoming bounce will propel it higher desu

>Also my new theory is broad Tech is now consumer-noncyclical
how so?

>>12138763
the low dogs right now are exxon and chevron but I really dont playing with Commodity driven stocks
who knows, oil could drop to 40, its impossible to tell

>how so?
Because in the year 1990s - 2007ish Tech wasnt such a massive part of everyone lives. Now all kids are brought up on advanced tech, all use social media ect.
This is similar to the run up that Consumer non cyclicals got, becoming 10 baggers, then 50 baggers, now in consolidation. Everyone ate Toaster streudals, now all kids use snap, understand? anyways Facebooks been reversing, Faang often doesnt follow the market either, Ive seen green Faang a lot on red days too

1.5 hours until Nikkei opens at -3% and kicks off the next global recession.

>>12138831
>who knows, oil could drop to 40, its impossible to tell
i doubt OPEC would allow it desu
in fact i doubt that where it is right now is even remotely truthful as i think it isnt accounting for hidden inflation, nor demand, NOR the lack of immediately available supply. but im also not in energy memes at all rn, so take w a pound of salt

>Everyone ate Toaster streudals, now all kids use snap, understand?
i do. thats a good way to put it

NAFLD (Non-Alcoholic Fatty Liver Disease) is an very common and often symptomless disease caused by the buildup of fat in the liver. In some cases, people with NAFLD will develop NASH (Non-Alcoholic Steatohepatitis), in which inflammation and liver cell damage are present in addition to the buildup of fat in the liver. In its later stages, people with NASH can develop fibrosis (scarring) in their livers, which can in severe cases progress to liver cirrhosis, an extremely serious and life-threatening condition. The NASH market is forecasted to be worth $20-$35 billion dollars by 2025, and most large players in the NASH space (MDGL, ICPT, VKTX, etc) are focused on treating fibrosis and preventing progression to cirrhosis. One example of a company focused primarily on treating cirrhosis, however, is GALT.

I'm looking for a lazy way to discover new promising stocks without relying on media coverage or professional literature". Is there any freely available software that periodically evaluates (a subset of) the market and automatically surfaces shares that exceed certain thresholds? Alternatively, any good free APIs that I could use to whip something like that up for personal use?

GALT's sole competitors in the NASH cirrhosis space are CNAT and Gilead. CNAT missed primary endpoints in its most recent clinical trial, and Gilead's NASH drug has shown mixed results in clinical trials. GALT's primary drug of interest, GR-MD-02, works by inhibiting the action of galectin-3, a molecule implicated in a wide variety of diseases, including NASH, cancer, fibrosis, endometriosis, and asthma. In a phase 2 clinical trial of GR-MD-02 for the treatment of NASH cirrhosis, GR-MD-02 showed a statistically significant and promising effect in the reduction of hepatocyte ballooning (occurs when hepatocytes, a type of liver cell, increase in size and then explode and die) and in preventing the formation of esophageal varices (enlarged veins in the esophagus that can rupture and cause life-threatening bleeding). It did, however, miss its primary endpoint in the reduction of HVPG (hepatic venous pressure gradient). This may have occured due to an error in trial design. Per recently published FDA guidelines, phase 2 NASH clinical trials should last 12-18 months, which GALT's trial did not. Additionally, its effects in the reduction of hepatocyte ballooning and preventing the formation of esophageal varices were promising enough that GALT has moved onto Phase 3 clinical trials in NASH. In addition to NASH, GR-MD-02 has shown promising results in the treatment of melanoma and head and neck cancer, significant increasing Keytruda's response rate in a recent combination trial. GR-MD-02 is safe (producing little to no significant side effects) and relatively inexpensive to produce (being derived from apple pectin).

>>12138911
>>12138916

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5855601/
http://investor.galectintherapeutics.com/news-releases/news-release-details/galectin-therapeutics-inc-announces-positive-preliminary-results
https://www.streetinsider.com/Analyst+Comments/Galectin+Therapeutics+%28GALT%29+PT+Raised+to+%2412+at+H.C.+Wainwright/14192136.html
https://seekingalpha.com/instablog/47560554-vision-and-value/5210387-gr-mdminus-02-keytruda-s-partner
https://seekingalpha.com/article/4202616-nash-cirrhosis-real-nash-epidemic

>>12138915
People come out with Joel Greenblatt Magic Formula picks yearly.
Greenblatt made a website that screens them for you for free also

>mfw just swallowed the final redpill
>nikkei is gril
>pen is tarp
>we harem nao (at least by imageboard standards)
at last i truly see

>>12138915
lrn2write ur own code, indicators, and screeners
if something actually works down to a science, no one will give it to you. and definitely not for free

tradingview provides a good way to cut your teeth on this imo

>>12138831
This. Semiconductor manufacturers are just getting started. Every person will have a computer from cradle to grave in this current generation.

>>12138972
I'm not a trap, I just like traps and twinks

>>12138990
>Every person will have a computer from cradle to grave in this current generation.
false
absence of solar winds in the coming decade will weaken our magnetic field, and when solar activity returns, all computerized instruments will be fried by the massive, unshielded EMPs that will amplify with the 5G waves and literally set fire to everyone in range of a smartphone
r8

>>12139016
>I'm not a trap, I just like traps and twinks
THATS LITERALLY WAT THEY ALL SAY THO

>>12138748
>consumer-noncyclical
Ad companys like google and fb are extremely cyclical
Amazon makes very little profit and growth is the only thing giving it value and its growth will shit the bed if the consumer does
Apple already getting take to the wood shed on what looks like a consumer consumption down grade

Tech will honestly be the most cyclical in any near term down trend because its overvalued as fuck

How to tell if a poster is has a piece of shit sub 4-figure portfolio filled with meme stocks:

>He calls the S&P500 for SPY

>>12139066
>t. trades 2 shares of SPX to feel good about himself

this reminds me of the time i had to explain to rkg that the SPY != S&P lmao

Feeling bullish on TWTR. Its rising and there's gotta be a huge influx of users now that tumblr is getting rid of all porn accounts.

>>12139293
It's already up 64% this year, are you a little late to the party? Is tumblr priced in? Why would it continue to pump?

>this thread still exists on weekends
yikes

oh boy oh boy futures open time!

>>12139615
>yikes posting
wew

also futures opening down 55pts (/YM) and 6 (/ES)

>>12139664
>wew posting
yeesh

>>12139714
>yeesh posting
Icky

golden bullrun begins tomorrow

RALLY

reminder to build your dividend base lads

golden bear run starts tonight

>>12139293
>Feeling bullish on TWTR.
kek no
inverse head and shoulders - huge gap to fill
it's going back to 34

>>12139293
The law that encouraged Tumblr to do that also applies to Twitter. I wouldnt be so sure.

>>12139773
Every year just buy 25 shares of SPYD, RDIV and PEY on drip and you'll retire with nice income in 20 years. Start at 20 and you'll be /comfy/ AF at 40

>>12139039
>solar winds will blow up all computers on the planet

lemme get some literature on that anon

>>12139804
It's a stealth golden bull run disguised as a golden bear run

2606 rejected so far

>>12139860
cant tell if yall are memeing anymore

>>12139039
Presumably there are plenty of gay bears who are attracted to traps and twinks.

Bear or bull?

Futures already red. Dumping all my remaining VOO tomorrow morning. We are going to the crater.

>>12139888
The Goldun Bulle starts when BOJ gets online

is nflx now an attractive buy?

>>12138972
I'm not unwilling to write my own code. It's just that with tons of financial institutions already providing the data and tons of analytical websites already offering in-depth analysis of any share, combining the two seems like very obvious thing to do. I'm sure plenty of people have already done this, so I'd be surprised if no one was open-sourcing it or at least selling it. I don't need the software to spoon-feed me free money, just save me from manually trawling through the markets. There's no reason to obscure something that anyone can already do, albeit with more effort, anyway. Unless you want to preserve an air of mysticism.

Thanks for pointing me to tradingview,

>>12139890

>>12139818

That's not a head and shoulders, anon. Shoulders are supposed to be along a roughly symmetrical neckline.

>>12139894
>Bear or bull?

I doubt futures will give much indication today. They are currently just reflecting Friday's uncertainty ranging around the close price.

>>12139942
Just noticed that that's fucking Soros

>>12139942
golden bull run is back upon us. doom and gloomers BTFO. bullchads remain winners.

>>12139943
>Shoulders are supposed to be along a roughly symmetrical neckline.
wrong
>the neckline can slope up, slope down, or be horizontal. The slope of the neckline will affect the pattern's degree of bullishness: an upward slope is more bullish than a downward slope.

regardless this is a classic bear flag

>>12139970
I didn't sell tvix Friday. Don't know if I made the right choice or not

>>12140007
TVIXed.com

>>12139918
pretty boolish on netflix but the downtrend is strong short term
safer to buy something like QLD or TQQQ when these things dip

who /tesla puts/ here?

I'm getting margin called 35 cents because I messed up a SPYD order by that amount
I think it's over for me boys, how will I recover

>>12140045
>margin
>ever

>>12140045
>>12140061
was expecting most of those faces to be smug, but they weren't

>margin
>ever

>>12140061
I literally used 35 cents of margin to buy a dividend ETF by accident, I don't think smug is necessary here

>>12140061
I really fucking hate you.

>>12140061
I just imagine you as an old man that collects 5 cent dividends

>>12139996
its an inverse head and shoulder on the weekly, it just happens to be at the top of the range

Twitter is showing insane ad revenue growth thats why theyre going up

whoa guys I think the golden bullrun just started

>>12138058
alright? Any advice on CGA, china green agriculture? their numbers say they have a very high reserve of cash, but their stock is very low valued. what should i make of this?

>>12139615
just leave, faggot
if you don't want to use this thread on the weekends, then just don't use it

>>12140097
why is that

>>12140133
>whoa guys I think the golden bullrun just started

Still ranging. If it goes over 2% green then maybe you can call pump week. 0.1-0.3 either way isn't indication of anything.

>>12140166

Price action off the October low is tightening but it hasn't broken bullish yet. You could swing trade this but don't hold through any hint of downturn. It's probably going to bounce around this level for a little while longer.

>>12140219
the thing is, they are NYSE listed and the rule say your stock has to be above 1 dollar. so that bull will have to appear quite soon or they will just be delisted.

>>12140189
nikkei futures roaring up however
I think BOJ will give us the pump this week to defend the trendline

>>12140107
funny thing about chart patterns everyone sees what they want

might be forming a distinctive cup and handle. watch for a breakout above the mid $36

>>12140219
if trump and xi can throw some accord i can see thess sort of chinese microcaps do a moonshot it would be the first serious chinese space project.

>>12139979
wtf I never noticed this

Why shouldnt I all in weed stocks right now?

>>12139979
isn't soros a bear?

>>12140335
At this stage in the market's infancy it's quite likely that many of these companies will be, ahem, weeded out as it becomes more institutionalized. It's entirely plausible a private company consolidates on the market.

>>12140434
Weed ETFs then.

>>12140335
>>12140464

Buy some Canadians which you expect to deliver good financials in January/February. ACB and APHA look nice. APHA is a steal because oft the recent short attack. Put the rest in US players. IAN, CURA, MMEN, TRUL or ACRG. Tomorrow evening Cuomo gives a press conference on the legalization schedule. Might be worth a play. MMEN has 8 NY licenses while the peers only have 4.

>>12140434
i guess they will be smoked. we will let them eat cake. i guess they got teabagged. i guess they will take fatal hit.

>during a long night of drinking suddenly all of /smg/'s popular tripfriends start posting under the same IP. including kneepad girl.

What would you do?

Nikkei starting to crash already. Nice rally, bulls. We will end at -2% again. -5% drop after the next Fed meeting.

>>12140655
>Canadians which you expect to deliver good financials

Yeah... about that. Unfortunately, due to government incompetence, the roll out here in leafland has not gone smoothly. Buyers have very limited selection (or none, looking at you Ontario) on where to buy. Ontario only has their provincial website and no retail shops open until 2019 due to government incompetence. Quebec has their retail shops only open four days a week due to supply shortage. There is critical supply shortage country wide and the shops that have been allowed to open having extreme difficulty keeping supply stocked.

Now, of course undersupply should be a GOOD thing, right? See, the problem there is while all the LPs are selling whatever they've managed to get out to stores, they are likely to have the kind of financials speculated under assumption of full steam retail sales. That means Q1 may very well disappoint, although it will also clearly separate the long term viable LPs from the junkers headed for buyout or bankruptcy.

I am very skeptical about holding any Canadian companies when those financials start coming out in January/February. The two exceptions being Canopy and CRON due to the backing by big alcohol and big tobacco respectively. Even with those, I'll probably hedge with puts if I'm holding either at the time.

US is much rosier. It also has the benefit of being so early on that investors are able to dream up all sorts of wildly high valuations for the companies based on nothing, with a couple years of buffer before the reality of everything about realistic revenue under full legalization is years off.

>>12140778
>they are likely to have the kind of financials speculated under assumption of full steam retail sales

UNlikely

bah futures strong, broke through two levels so far
264 back in play

>>12138360
https://e-hentai.org/g/1328167/a5885241e0/

I sold everything in October and now maintain a 50% money market fund and 50% short term bond fund portfolio.

SPY 280 EOW is in play. good job bulls.

>>12140825
300 in play

>>12140825
>e-hentai

do you not know how to access exhentai

>clear your cookies
>download exhentai extension for whatever browser you're using
>make an account on the e-hentai forums
>wait a week or so (if you try to access it and it still shows you the sad panda, clear your cookies again and wait some more)
>log into exhentai with the e-hentai forums username and password

>>12140840
>>12140845
die

>>12140852
>>12140825

>>12140852
imagine unironically making an account on website where mainly plan on looking at dead anime girls

>>12139804
*toot toot*
ALL ABOARD

>>12140825
>>12140840
>>12140845
China opening in the red.

>>12140837
Smart man. You will be well positioned for the -75% recession.

>>12140868

US futures gaining ground though. And Nikkei up 1%.

>>12140905
Looks to me that futures are faltering, and the NIkkei is at .5%.

>>12140917
>NIkkei is at .5%

I was looking at Nikkei 225 futures.

Is Monday going to be green or red /smg/?

>>12140917
China is also going to the crater. Already at -0.61%. Monday will be bad.

>>12140946

Green.

>>12140946
Green in anticipation of the Golden Bull kickoff wednesday

>>12140946
Headfake you with a green open, then fuck you up the ass with red dildos throughout the rest of the day.

>>12140973

moment of silence for the dumbasses who bought puts here on Friday

>>12140946
it's the start of the 1000 year golden bullrun, anon

people will be talking about this moment centuries from now

Tomorrow is critical and will decide the fate of eternity

>>12141033
dubs can't lie

>>12141052
It will decide wether I have a merry Christmas.

>>12140858
balisongs have no real practicality outside of being fun fidget toys

>>12141059
obviously, they'll do the job of "an object that can cut something" to some degree, but there's nothing a balisong can do that some other kind of knife couldn't do better

I can feel a chub coming on. That's how I know tomorrow will be green as fuck.

We're all gonna make it brehs.

>>12141059
they are the ambush weapon of knifes,
philippines have martial arts invented around them

theyre very good at being hard to stop, can easily switch hands and grip
Very duely knife
very intimidating !

>>12141056
Anon, only the baby Jesus decides if you have a merry Christmas, not the golden bull!

>>12141322
Baby Jesus ain’t gonna put these calls in the money

GPRO puts

>>12141393
Nu......

>>12141369
Put calls on the kingdom of Heaven
>>12141417
You need to let GPRO go, it's an abusive relationship

>>12140946

BLUE OUT OF FUCKING NOWHERE

>>12141703
Let's go green!
Come on bagholders!
Make some money damn it!

Why do people love this book so much?

So I've read the intelligent investor and have moved on to random walk. I'm about a third of the way in and getting tired of him saying "there is no evidence that this strategy works" over and over with no proof. And I believe him that they don't work but I feel like I'm reading Freakonomics or something. Pop science bullshit.

Also... is it just me or does this book mischaracterize value investing when it defines fundamentalism? Fundamental investors who invest based on projected earnings aren't value investors, they're speculators.

Am I not the audience for this book? Or is it garbo? Or am I just an idiot millennial who requires too much evidence in my arguments?

/biz/ 2017 - Betting against bogdans and bitfinex whales
/biz/ 2018 - Betting against BOJ and the Fed

>>12141782
>tfw you're buying precious metals in anticipation for the collapse of the fiat based markets.

>>12141747
no evidence? everything is carefully cited based on what were (and still are) considered the most rigorous empirical studies to date in financial economics.

The books references are like 30 pages long. If you want specific studies that are very good try

Eugene F. Fama, "Efficient Capital Markets: A Review of Theory and Empirical Work," Journal of
Finance, May 1970.

Paul A. Samuelson, "Proof that Properly Anticipated Prices Fluctuate Randomly." Industrial
Management Review, Spring 1965.

Burton G. Malkiel, "Returns from Investing in Equity Mutual Funds 1971-1991," Journal of Finance,
June 1995.

and if you want more recent studies or evidence just go on econlit and look up random walk or martingale under the finance jel codes

>>12141782
betting against crypto would be a good strategy now
the bubble is clearly deflating

>>12141809
It's too volatile imo to bet either way, it's based off a fantasy but fantasies can be unpredictable.

>>12141803
I've been thinking of buying some silver and gold, but the amount of volatility involved is discomforting

>>12141825
true, I wouldn't want to be doing anything with it long term, but this is pretty clearly the beginning of the end
the hype has died down, and crypto hardly has anything to show for the time it spent on the top
a week ago, the price appeared to be hovering around 4000
now it's about to drop below 3000, and it likely has a long ways to fall after that

>>12141747
This book is the ultimate red pill, it is also very well backed by academic works and very well sourced. >>12141808 is completely correct

>>12141837
>volatility
There's literally no volatility. It basically just operates on an inverse with regards to the overall market. Think of it this way:
Market volatility and uncertainty = high precious metals prices
Bull runs = Low prices.
Not to mention, precious metals will always be intrinsically valuable until we perfect asteroid mining and that's not for another 50-100 years.

>>12141257
I dunno girl, if you’re fighting someone with a knife the last thing you want to do is be fiddling around and changing grips. Mines very very fun tho

>>12141877
Silver dropped some half of it's value in 2008 before it came to its highs, that's what I'm worried about.

>>12141808
>>12141853

are we reading the same book? mine has no citations. no book list at the end. a few reference charts and an index, that's it. does yours have footnotes?

mine is a hardcover from 2007.

>>12141905
People were selling everything in 2008. Cash was king. With that said, silver is generally cyclical. It's at a 5 year low as of now. If you buy it and hold it you won't be disappointed during the next recession, even if it only goes to 20 dollars an ounce, you're still making huge gains.

>>12141962
I have the latest edition, I don't know what bootleg garbage copy you have. Read harder

I have a portfolio that's 100% TSLA. Am I rich or broke in 10 years?

>>12141973
buying books on amazon is like a box of chocolates. you never know what you're gonna get.

>>12141979

Broke, but not from your portfolio - it's because the type of person who goes 100% Tesla is going to make bad decisions in every other aspect of their life as well.

>>12141964
any recommendations on where to buy?

>>12141999
I'll tell you a little secret. Half the time I get silver I don't even pay for it. I buy half dollars from local banks. Most of the time I get lucky and get a bunch of 40% silver coins dated 1965-1969. Sometimes I even hit the jackpot and get a bunch of pre-1964 90% silver coins. Also, silver ETF's are your friend for quick liquidity.

>>12142028
Thanks anon, I'll check that out. I actually have a collection of some old silver coins, I haven't really checked out it's value though.

>>12141998
That doesn't make sense anon. Is Tesla mooning in 10 years? If so why would I be broke?

>>12141902
Depending on what tier of knife fight survival we talking
Dont want to get too camp but there are concepts like Iaido, where opening is filled with dozens of tactical maneuvers

The butterfly knife allows you to do mn any many tricky, optimised, cheap moves

>>12142058
Banks fucking hate me. My dump bank has already threatened to ban me from using their coin sorting machine. Although, if you're a commie, you shouldn't have a big problem with that. Just be prepared for banks to dislike you and be prepared to be as nice to the tellers as possible so you can steal their silver.

>>12142102
>My dump bank has already threatened to ban me from using their coin sorting machine

Story?

>>12142028
>shares the secret with everyone

thats how i know its a scam

>>12142106
Not really a story at this point. I have a credit union I bank at. I always dump my shit coins in their machine which automatically sorts them. Here's the basic premise:
>be me
>take about 500 dollars
>go all around the city buying half dollars from local banks
>find some silver
>eventually deplete my cash
>only have shit half dollars left
>take them to my bank
>eventually end up filling their machine up with shit coins
>teller empties the machine full of shit halves
>I say to the teller in a casual way that I go to different banks looking for silver
>teller tells me not to tell anyone else otherwise they will ban me from using their machines
>get the feeling that that teller doesn't approve of what I'm doing
I have a feeling they're going to ban me from using their machines if I keep filing it with shit coins.

>>12142123
I'm glad you think that, because if you live in my area you won't be a potential competitor.

>>12142150
Fucking based

>>12142150
Kek my grandpa does the same thing. I’ve heard doing that has become less profitable lately because there are less old silver coins in circulation. Is that true? I just have a small collection of silver rounds and a 10 oz bar I got as gifts.

>>12142150
Anon this is wonderful, I'm going to try it this week for fun! Is $150 too little to try it with?

>>12142172
You can still find plenty of money in half dollars. Although it's still not the profitable, not because it's hard to find silver but because the price of silver is bottomed out. I'm just going to hold what I find until the next bull run.

>>12141747
Just started reading.
I think the book's thesis is a bit misplaced. Yes, it's a statistical empirical fact that trading isn't a skill you can learn, which funds perform well or poorly is a random walk over time. but that doesn't necessarily mean the market is efficient, or that index funds are always the best bet unless you're time frame is literally around 40 years. The market can perform rather poorly in real terms for 10 to 20 years at a time. If that's your time frame for investing, you may have to look for alternatives to index funds.

>>12142183
>$150
You won't find much. You really need 300-400 at a minimum.

>>12142189
Yeah I can do that too. All the banks here have coin machines so I guess there is zero risk because I can deposit it all back
This is hilarious

>>12141979
Broke in 2 years. What you do with the other 8 is up to you.

>>12142198
It's basically free money. I love fucking over the banks which have been trying to fuck me over for years.

>>12142150

Nice.

>>12142187
>trading isn't a skill you can learn
maybe she's born with it~

>>12142158
cant believe i wasted an extra 2 hours staying awake last week to hear that retardation when it could be summed up in a single greentextpost

>>12142243
Like I said, I'm glad you think I'm retarded because competitors in my area are a pain in the ass, they often steal my silver and cause me to waste my time.

>>12142200
So if Tesla isn't it, what company is worth betting on? Amazon? Google? Alibaba?

>>12142260
If you average out your experience, what % comes out to be silver?

>>12142275
None. All overvalued. Maybe some biotech you have info on (Not LCI, I've seen it shilled here but its a straight up scam).

>>12142187
>Yes, it's a statistical empirical fact that trading isn't a skill you can learn

I assume that refers to the component of anticipating price movements, yeah? There is the whole other matter of how to place trades, risk management, hedging, etc. The stuff you do so you lose as little as possible when you're wrong and profit as much as possible when you're right. That's the stuff that determines long term success and it is absolutely a skill.

>>12142280
I haven't averaged it out. It really depends. It's basically a form of treasure hunting and I wouldn't rely on it for stable income. The last time I hunted for silver I found about 18 dollars in silver after about 4 hours of driving around. There have been other times when I've hit the "jackpot" and found entire rolls of silver and made about 100 dollars with almost no work, although that's rare. There have also been times when I've driven around for 5 hours and found nothing or simply broken even. It's treasure hunting, plain and simple.

>>12142295
Pretty much, although it's also more about how those fund managers who are on top in a given year tend not to be able to hold onto that position

>>12142285
woah bro.. LCI a scam?? woah

>>12142311
Let me ask you a question, it's a serious question and I don't mean it in an insulting manner since I used to be a commie at one time.
Why are you interested in the markets since you'd essentially be a member of the bourgeoisie by getting into stocks (since you'd be an owner of these multinational corporations).
I'm genuinely curious.

>>12142280
it only works in places with low currency circulation

>>12142348
You'd be surprised. No one gives a shit about half dollars. I fucking love xanax btw.

Spam this k!ke to help Powell hike

>>12142332
No it's a reasonable question. Basically I just need the money if I want to afford the down payment on a home sometime in the next ten years. We live in capitalism and we have to deal with capitalist institutions in order to get by.

Most workers have to engage in the same thing to afford retirement, it doesn't change the fact that they have to still work to live. Same goes for me, my interests remain with the working class since I spend most of my time working.

Even if, by some fluke, I manage to become a millionaire through my investments, though, capitalism still has major problems that I think can only be resolved by the working class expropriating the big capitalists. I think profit will increasingly become an unstable and tepid method of creating growth, and that capitalism will be unable to confront ecological collapse effectively.

>>12142328
I was promised a short squeeze. Now slick hair man is saying he wants to hold for 5 years.

qt girl rejected me hard and kinda lead me on. Maybe markets will be kind?

>>12142386
Its really undervalued. I think even a shorter time frame will make money but i think on the longer time frame it'll make even more.

>>12142391

Hey there anon, you look like a QT down on your luck ;)

>>12142353
>>You'd be surprised. No one gives a shit about half dollars.
many larger bank branches do
> I fucking love xanax btw.
plebian
its good for dealing, but LSD and amphetamines are the two GOAT
pic unrelated

>>12142391
yes, theres no way things can get any worse

>>12142391
I got laid off recently and have been asking for divine intervention in the market for a while now.

These are harsh times.

>>12142424
drugs other than social alcohol are for degenerates

>>12142391
there will be another qt girl
don't fall into the trap of blaming yourself for her decisions
there's much, much more to life than roasties

>>12142420
Underrated

>>12142391
Being led on fucking sucks
Avoid that slut now and work on self improvement and love will come naturally

>>12142420
r u tricking me?
>>12142425
>>12142485
Sorry anons I hope everything gets better!
>>12142497
I thought this was a sign of things getting better.
>>12142515
That's what I was trying to do until this.

>>12142391
sorry to hear that ;_;

things will get better though

but maybe not tomorrow

>>12142425
>famous last words

>>12142495
smoothbrained response brah

>>12142497
>says the trap

>>12138558
>for the record tho, am i the only one who has to fill out something like 10 captchas on average in order to make like two posts?
>its absolutely relentless and i cant tell if its just me getting singled out for some reason
Captcha goes through cycles of how intensely it sucks. It gets better, then it gets worse. We may be entering the Kali Yuga of Captcha, if you will.

>>12142678
>pick out the traffic lights
>pick more traffic lights
>more
>now pick mountains
>store fronts, find those
>outline a fucken fire hydrant
>now make one fucken post
>connection error

Anyone have experience with Betterment? I sorta want to drop my savings account and use a betterment one as an emergency fund.

>>12142945
nope

>>12142391
That sucks, man. I feel that pretty frequently. I feel like I only get attachment from roasties when I'm much richer, a couple years older, and further along in my career... In other words, gold diggers.

Self improvement really is the only way to get roasties to show what they consider to be some feeling of "love"

I felt led on by a chick at my last workplace... I think she briefly made more than me for a few months (much interest seemed to disappate in me)... And now I'm making double, and I think it washed over her like a bucket of ice <3
Feels good, mane. Disregard roasties; acquire stocks.

Redpill me on hedging. It doesn't make long-term sense to me.

If you have think your play can move against you or that you are in too deep, why not just sell off a percentage of your holdings up to the point where you are comfortable with the risk again instead of taking a bet against your own trades?.

It seems to me that long term it reduces your potential earnings.

Is hedging a meme created by the brokers to make you think you are reducing risks while making you spend more on commissions?

whats best time to start paying attention to premarket numbers, 4 am? 8 am? 9:29 am?

also what do people do with time off?
>school doesnt start back up until second week of january
>need to make a stable sleep schedule that i can stick to before then
>and apply for every job possible (still)

>>12143241
>It seems to me that long term it reduces your potential earnings.
only if everything you predict is 100% right
it saves your ass when something goes wrong

think of it as insurance, rather have it and not need it than need it and not have it

if youve never been wrong then why dont you just use your 1337 skills to win the lottery?

>>It seems to me that long term it reduces your potential earnings.
marginally, if your doing it right it reduces your potential losses
that is why it can be useful

that being said there is a right and a wrong way to hedge

>>12143216
This pic is so true

>>12143209
Why the frick did you reply then?

>>12143265
>that pic

only if thats something im holding
if im shorting that stock, i dont want to see nothing but green candles, that would be nightmare fuel

>>12143288
to spread the (you)'s

also to bump from page 6

>>12143241
That's a man, baby, YEAH!

>>12143261

> only if everything you predict is 100% right

Of course I don't think I will always be right and that's exactly the point. Let's say your strategy requires you to get about 55% of your trades right to make a profit. Why not just let those 55/100 trades play out because if your strategy is correct, you will eventually make a profit. By hedging some of those, aren't you actually cutting into your profits and potentially going into the losing side?

> it saves your ass when something goes wrong

Yes, but If something goes so wrong that it hurts you badly, doesn't that mean you were over-leveraged in the first place and the solution would be simply to reduce your positions to the point where you can tolerate the downside?

> that being said there is a right and a wrong way to hedge

How does the good way to hedge look like?

Do you guys think Nvda is a good buy at 150? Planning on liquidating amd after CES pump.

>>12143427
it being half that price in 3 months is a real possibility.

>>12143474
How so? from what I understand they're not really into crypto, also aren't they working on AI tech?

Are we allowed to post referall links for say, RH, or does that indirectly break a rule?

>>12138058
hello is this the brabant thread

How do you feel about Faceberg stock?

markets pls. not like this.

>>12143628
Not a good move imo, but my portfolio is FTBT and doge so my opinion is worthless

>>12143241
Hedging as used to mean something like "shorting the SPX to hedge your long on the SPX" is indeed a meme. Instead you generally hedge to reduce unwanted risk. For example, if you buy foreign stock you are incurring foreign exchange risk, which you can hedge by shorting or longing the foreign currency. If you're holding a stock you expect to do well in the very long term, you can hedge your short term risk by buying a put. If you're arbitraging a stock by buying it at one exchange and selling it on another, you have the risk of holding the stock as it may suddenly crash, which you can hedge by shorting that stock.

The common theme is that you are hedging risk you don't want, leaving you only with the risk you do want. Obviously there are downsides -- any money you put towards hedging is money you're not putting elsewhere.

I have $10k to dump in the market. Should I dive in now while prices are low or dollar cost average over the next 10 weeks?
I feel as though the market has to recover in the next week or 2 unless we're going into a full blown recession, but that seems unlikely.

>>12143717
>that seems unlikely
why?

>>12143617
Anyone know the answer to this? I know it probably wouldn’t be used anyway but I’m interested

>>12143733
I'm no expert, but to me it doesn't seem like there is any specific and large enough catalyst to cause one. I know there is a lot of doubt and general pessimism in the markets right now, but I don't see any specific enough reason for a genuine recession. I think we'll remain bearish for a month or two max while people are nervous but then we'll see a recovery.
Just my 2 cents.

FUCK FUCK FUCK FUCK FUCK

WHY WON'T THE JEWS LET ME WIN

JUST'D IN CRYPTO, JUST'D IN THE S&P

>>12143828
If you're getting just'd in indexes, you're making the wrong trades, you aren't getting bogged

>>12143778
Turkey spotted

>>12143778
there is no catalyst to cause a rally

I think I am going to kill myselves guys.
Instead of investing in the markets, I am going to buy a bunch of shit and build a suicide machine to kill myself.
Do you think that is a good investment?
What kind of return can I expect?

>>12143933
The reutrn will be life changing

>>12143933
a one-way trip

It's okay guys, it can't get any worse than this.

>>12144357
actually europe and futures are tanking right now

It's going to be a glorious crash bros - this is what you've been waiting for.

>>12144370
You should know that the markets are swinging.
If they are swinging, that is the best time to short on weak companies in strong sectors/industries.
Come on.
This is 101 type stuff.

what happens if we gap down again today?

>>12144559
Our section gets a pizza party.

betterment? Anyone?

Sent from my XBOX 720

>>12144559
It means some people are making money and some people are losing money.
How does it escape people that they do not make money from the markets unless they sell.
WTF?

>>12142424
They've been filtered out for 60 years. They weigh differently, so machines like CoinStar reject them.
This isn't worth your time.

>>12144052
>>12144056
All right guys.
Is an ultra-light a decent suicide machine?
I want to build an ultra-light and fly around like pic related.

1 hour boys and girls. And all my shit is down in pre trading. Let's see if my small portfolio drops -$1k

>>12141002
this post didnt age well
kek

>>12142391
>got epididymitis so it feels like I’ve been punched in the nuts constantly
>got an ulcer on upper gum and can barely eat
>was mounting a vice on my workbench yesterday
>screw broke
>took the whole ten pounds of steel to the face
>tore open bottom lip
I always thought life is about balance, equal parts good and bad. Something really REALLY good is going to happen in my life.

Bullish Bias

might open below 2600 fucking hell

Don't let the pre-market scare you its all lies

Sub 20k by Q2 2019

Futures down 146.00

common bulls we can do this

So whats the call today boys , bear or bull ?

>>12145129
>be 15
>shooting guns with my dad
>one of the guns we have is a pistol grip shotgun
>bring it up to my face to aim
>shoot
>the recoil busts my lip and knocks one of my teeth out
>I now have a fake tooth

the moral of the story is don't bring a pistol grip shotgun anywhere near your face

>>12145216
>So whats the call today boys , bear or bull ?

I just farted.

>>12145216
Golden Bull by lunch hour

oh fuck another leg down

>>12143933
Well since you fucked up in life I'd expect you'll fuck up your masheen too.
Your return will be a glorious life eating with a straw untill 2086

>>12143933
Sauce

WHEN YOU CHOOSE POWELL YOU CANT CRY FOUL

Looks like the Golden Bear run is upon us.

>>12145282
I got her picture from /biz/..
I don't know the original source.
Here is another.

BULLS
HERE COMES THE BULLS
READY OR NOT HERE COMES THE DOGS OF THE DOW
BULLS
HERE COMES THE BULLS
HAHA

JNJ pre-market down 2.64%

early day bear, afternoon bull

what the fuck is going on

>>12145412
uncertainty in a late-cycle market

/biz/ is laughing at us again

>>12145282
https://www.instagram.com/anacheri/

>>12145412

Algos reading key words in headlines. Reacting based on their programming.

>>12145389
Golly.
Damn dude.
/biz/ really pulls through.
Thanks /biz/.
Please post more.

Go all in on SPXL at open for free money

>>12145439
>caring what crypto bitches think

>>12145452
I'm guessing this is the headline
https://www.cnbc.com/2018/12/17/trump-says-it-is-incredible-that-the-fed-is-considering-hiking-interest-rates-again.html

rip econmommy

>apple
nani the fuck?

>>12145426
fuck off queer

WTF STOP SELLING YOU NIGGERS TOLD ME ITS GONNA BE A GREEN DAY BECAUSE NIKKEI WAS GREEN

>>12145522

>>12145528
NOT FUNNY YOU NIGGER

>dipping below february low
lmao

The recession is here. Move to cash or get rekt

Noooooo im in charge here

Aurora (ACB) is a good buy?

This is what separates men from boys
BUY
THE
DIP

>>12145461
Kek'd. That shit will come down to the 33 range, long term around 21

>>12145538
lmaoing at how pessimistic retail is right now

>>12145544
NOOOOOOOO I'M LOSING EVERYTHING

>>12145555
quads confirm retail is going to get bogged shorting the bottom

hahaha we are so fucked the next reasonable support is at 2400

>>12145544
I unironically believe that this is the beginning of the recession.

getting comfy and buying WEN and TVIX ahh what a day

>>12145566
>we

take the noncyclical pill

>3% away from doubling my stack

Cmon bears, I need those cheapies

keep capitulating everyone yes right here

BREAK THE FEDERAL ICE; PAY THE FEDERAL PRICE

>>12139918
people still want to buy that bubble?

>>12145407
Looks like selling was a good idea after all.

Baking fresh fuck bulls and fuck Pendulum Edition

>>12145389
Is that not Mandy muse?

Squeeze 'em

>>12145604
Based and redpilled.

Amazon down 3.8%

>>12145607
I don't know.
Have some more.

RIP faggots. Full blown recession already started this summer. You are all neets or too stupid to see it. everyone told me no 3 quarters of blah blah blah. you fuckers are so dumb if you were working you would see all of the signs.

>>12145618
based angry poster

just bought AMD calls LETS GOOOO

I'm prepared to lose another 15 percent. after that, we yikes boys

Bottom found here. SPY 290 in play

>>12145616
these girls are just fat

Russell 1399 absolute insanity
Large specs should start pulling shorts from here to 1350 and then We golden bull

>>12145633

madmen buying jnj

>>12145652
>doesn't like twins
How about her?

>>12145664
Stop posting fat fucking slobs

>>12145664
that's gross lol

>>12145679
>>12145679
>>12145679
NEW THREAD

NEW

>>12145672

>>12145672

>>12145672

>>12145672

>>12145685
KYS

>>12145618
good then I can get lower prices on stocks