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/biz/ - Business & Finance


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12192884 No.12192884 [Reply] [Original]

THANKS FOR THE CHEAPIES EDITION

>I'm new to the stock market, what stocks should I buy?
Before you buy anything, make a brokerage account and read investopedia articles and/or the books in the OP list. If you don't have a broker, you can't buy stocks, and if you blindly buy things without understanding how the stock market works or doing any research on the individual stocks you're buying, you will lose money and it will be entirely your fault.

List of popular brokers:
https://pastebin.com/mrSchZPg

List of basic stock market terminology for newfags:
https://pastebin.com/VtnpN5iJ

Real-time market news:
https://thefly.com/index.php

Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain

Free in depth technical analysis charts:
http://www.tradingview.com

Premarket Data:
https://pastebin.com/y9PRQLR3

Earnings Report Calendars:
https://biz.yahoo.com/research/earncal/today.html
https://www.earningswhispers.com/calendar

Biopharma Catalyst Calendar:
https://biopharmcatalyst.com/

Pump and Dump Advertising:
https://stocktwits.com

S&P 500 VIX Futures (For SVXY/UVXY, higher is better for UVXY, lower is better for SVXY)
https://www.investing.com/indices/us-spx-vix-futures

Basic rundown on options:
https://pastebin.com/vWhvyuCd

Suggested books:
https://pastebin.com/jgA5zTuC

Last time, on /smg/
>>12191005

>> No.12192894

Sentiment so bad everyone's scared to make a new thread

>> No.12192895

QLD AND SSO BUY THE DIP

IRON HANDS RISE UP

>> No.12192896
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12192896

the g-golden bull run starts after christmas

>> No.12192899
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12192899

We shakin' out the weak hands!

>> No.12192905

you were very bad for electing Trump and this is your reward, a 10 year bear market

>> No.12192909
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12192909

FRIGHTENED PIGGU BUYS THE DIP ANYWAY

>> No.12192910
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12192910

THE MARKET MAKER FEE IS SO FUCKING HIIIGH AAAAAAAAAAAAAAA

>> No.12192914

WHO BEAR HERE

>> No.12192916
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12192916

based

>> No.12192918

>>12192896
We must praise Allah at all cost. If we do this. Then we will get the gold bulls. Praise be Allah

>> No.12192932
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12192932

wakey wakey bullfags

>> No.12192934

>>12192896
cheer up, the only people trading right now are actually shekel stealing niggers. the show is about to begin to see who will cover first.

>> No.12192935
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12192935

howmany more tests can the 240 floor survive

>> No.12192946

>>12192884
BUY MRIN

I'm just trying to help you son, this isn't wishy washy crypto internet funny money.

I just want the best for you. Mom and I are both rooting for you.

Read about the deal that they made with google on sharing ad revenues, my price target is 30-40$.

>> No.12192950

Someone was shilling AMC a few months ago when it was about $20
I'm so glad I didn't buy it

ps what the fuck is hiroshimoot doing to the website everything's all sorts of fucked up

>> No.12192964
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12192964

To the scared anon holding GALT
Look at the yearly chart and tell me what happened the last time it hit this price

>> No.12192972

>>12192884
SQQQ and EPV mothafuckers

>> No.12192973

I feel like everyone knew this shit was gonna happen and didn't do anything about it. How did people not see this shit coming?

>> No.12192976
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12192976

WHOS READY FOR THE SOUR HOUR SUPER MEGA DIP???

>people selling for extra Christmas monies
>people selling for tax harvesting for this year
>people selling due to panic from reading news late
>people selling since its quadruple expirations friday

hope youre ready to buy some cheapies folks!

>> No.12192981

>>12192973
Bias

>> No.12192982

>>12192973
how much money did you make off this obvious move

>> No.12192985
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12192985

>>12192884
i want off this fucking ride im losing my money super fast bro

>> No.12192988

>>12192976
can't wait

>> No.12192989
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12192989

I dont own much stocks but OWCH

Can't imagine what it would fel like to have put in $10k+ anytime after september 2017

>> No.12192990

>>12192964
And the time before that, for that matter

>> No.12192991
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12192991

I'll never sell til I'm old. And I have decades to let it recover.

I can understand why people get suicidal over this though. And just in time for the holiday season.

I don't know if I'll be talking to people with the same level of enthusiasm regarding investing as I did a few months ago.

>> No.12192999

>>12192991
>I don't know if I'll be talking to people with the same level of enthusiasm regarding investing as I did a few months ago.
They now hate you

>> No.12193001

>>12192934
fuck of ranjeesh

>> No.12193002

>>12192916
this what America deserves for voting Trump instead of Hillary

>> No.12193004

oh fuck we just went lower

>> No.12193009
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12193009

The Goose just completed a retrace of the entire June gap up. Oversold. I jumped in when the hourly double bottomed.

>> No.12193011

>>12193004
Its just Sell hour
Shortsa have to cover now, or else theyll lose to inflation

>> No.12193030

>>12193004
There can be only one winner bro

>> No.12193032

>>12193004
CHEAPIES

>> No.12193041

I've closed out my PSQ, SDOW and SQQQ positions.

About 6%, 51% and 48% up for the year, which I'm happy to take profits for and sit on the sidelines waiting for reentry in the New Year.

If the NASDAQ 100 can rally to 6600-7000, it'd be worth going back short. At this stage I'm too risk adverse.

Long term this motherfucker is gonna catch on fire and burn to the ground, but I don't think it's going to be Christmas time when all the traders are on vacation.

God bless you all.

>> No.12193045

I've been losing about $1k per day for weeks now. Down $1,252 today so far.

epic

>> No.12193060
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12193060

>>12193032
my Cheapies are the cheapest
only here at Cheapiemart can you get Fresh del Monte at 27 and CAG at 20

>> No.12193071
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12193071

>>12193041
well done anon

>> No.12193076

good more time for me to accumulate

>> No.12193078

>>12193045
Same. I think I'm down about 15k.

>> No.12193084

>>12193004
Buy high, sell low.

>> No.12193089
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12193089

>>12193041
>SQQQ
do you buy and sell within a few days (or day after buy even), or do you buy regularly for a long time (months), sell on a green day months after accumulating?

>>12193045
better sell now to cut your losses
:^)

>> No.12193104
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12193104

>Gaming stocks surge after official says China has resumed video game approvals after 9-month freeze
who bought in before

>> No.12193112

>>12193089
buy SQQQ when the dead cat bounces, sell it when its over bought, like today. timeframe, 1-2 months.

>> No.12193119
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12193119

>>12193045
Stop day trading son, you're gambling your inheritance away. Buy MRIN hold it for a few months at least, do a bit of reading into why the massive price jump and you'll probably be convinced. I've made ~250% this week, ~40$ today.

>> No.12193121
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12193121

>>12193089
>age 23 be a best man
>age 25 get engaged
>age 27 buy a flat get married
>age 28 first child
>age 29 buy first house

FUCKING DELETE THIS RIGHT NOW

>> No.12193124

>>12193084
Fuck I thought I bought low... no way i'm selling lower...

>> No.12193128

Down 9k in total

Why the fuck did I invest in Facebook and started hodling after it crashed the first few percent?

>> No.12193129

>>12192989

Sucks if you work for like 16 buck an hour.

If you actually make money, its yet another downtrend to stock up like feb/april.

>> No.12193131

>>12193119
what inheritance?

>> No.12193139
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12193139

>>12193041
We still got legs anon

>> No.12193142

>>12193089
Nice boomer guide.

>> No.12193145

>>12193078
we are brothers in our suffering then

>> No.12193149

>>12193131
most of /biz/ are college kids and degenerate NEETs. you're one of the few with a real job, it's hard for them to imagine.

>> No.12193152
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12193152

>>12193124
into the abyss we go, theres no way up now

>> No.12193153

SO MANY CHEAPIES FRENS. I bought some dividend frens on the cheap. Everything is so low.

>> No.12193160

>>12193131
The one your mother and I gave you....

>> No.12193166

>>12193153
Yeah I bought more BTI today that 1 p/e is just Ludacris

>> No.12193170

>>12193128
I know that feel bro. Bought at 185, thought about getting out at 165 and finally got out at 142. Just couldn't take it anymore, I'm sorry Zuck.

>> No.12193174

>>12193089
that is so fucking off.
pass driving test at 20?

wheres first divorce and second divorce?

>> No.12193178

if this day closes red there is virtually no hope

>> No.12193186
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12193186

>>12193071

I feel uneasy about it as FOMO creeps into my mind. I must reacquire in January.

The potential for SQQQ is mind boggling if you can get the right entry price. Even at these levels I think it's a good trade in the long term if things go to 50 or 100, which is where things will end up if tech bubble 2.0 bursts.

>> No.12193192

closing in to 2430

>> No.12193198

>>12193186
d-dad?

>> No.12193203

>>12193152

Knees, elbows, and ankles bare. Scandalous harlot.

>> No.12193207

Anyone else scared to buy this “dip”?

>> No.12193209

>>12192991
I hope you know the decades thing is not a figure of speech because at least a decade of deflation is around the corner.

>> No.12193211
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12193211

>>12193112
ahh, i recently started with SQQQ and TVIX, but its hard to know when to sell or buy (if avoiding day trades at all costs)
id be a millionaire if i could daytrade this shit multiple times a day, every single day

my indecisiveness has been costing me gains lately, cost averaging every day i dont sell lately
those overnight movements are killers

>>12193121
>look in the bottom corner
Its a bank advertisement for loans, the goals are supposed to be believable, but beyond the "average" ("normal") person

its an ad that is supposed to make people think about how much they need a loan to buy something they cannot afford (because interest on loans is pure profit for banks)

>>12193174
to be fair, i think its from the UK (scotland or england?)

>> No.12193235

>>12193207
No, I have a heart of cold Ice

>> No.12193241

>>12193207
no, just don't go all in. have a plan to buy at set intervals in time and/or price

>> No.12193243

>>12193211
no you wouldnt both SQQQ and TVIX are horrible picks. may as well pick up some LCI while ur at it.

>> No.12193244
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12193244

>>12193060
del monte nuuuuuuu
next stop = 26.30

>> No.12193248
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12193248

Wtf i bought spy put this morning at 247 and sold for a measly 36 percrnt profit. If i had held till now i would have 3x my money. Why am i such a pussy

>> No.12193258
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12193258

>> No.12193260
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12193260

G-guys? I put in literally all my free cash at the beginning of December because they said there would a santa rally. They said there was one every time.

What can I do?

>> No.12193264
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12193264

The buy side of Tetra BioPharma is heavily stacked. I don't mean in the buy wall by one guy kinda stacked. I mean there is 5-10x the sell side on several price points below current from several different brokerages.

If everything is fucked anyway, why not go for the penny biopharma with a heart of gold?

>> No.12193266

>>12193186
why is SQQQ doing so much better then PSQ?

>> No.12193272
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12193272

>>12193244
my average is 29, had to buy after seeing they also own S&W beans and other canned products

>> No.12193282

To the greedy bear goyim that get margin called Monday morning at open, Merry Christmas.

>> No.12193284
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12193284

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

Also Trump was worth it just for Grosuch and Kavanaugh. No ragerts. Eat shit libtards

>> No.12193286
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12193286

Wish I had held onto my BAC puts longer. Currently almost all cash. Waiting for the next baseless bounce back up before grabbing more. Timing the market, despite what people say, has me up 16% this year. Who else here /bobogang/?

>> No.12193291
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12193291

Looks like 2418-2400 will happen on Monday.

Im going our for coffee - who wants one? my shout.

>> No.12193296

Zoomers fucking love vaping.
Spliffs were my introduction to tobacco back in the day. Anyone else think legalization is going to spur even more nicotine addicts?

Why are Altria and Phillip Morris so low?

>> No.12193301

this will keep happening until the FED lowers the rate. Although the FED cucked itself and is not seen as trustworthy anymore so if I was Trump I'd nationalize it and make it a proper central bank

>> No.12193306
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12193306

>>12193243
>no you wouldnt both SQQQ and TVIX are horrible picks. may as well pick up some LCI while ur at it
Jokes on you, I'm up by double digits (percent wise)

>LCI
Too late, it's already a whole 1% of my portfolio (in the memes category )

>> No.12193308

>>12193266
PSQ is 1x, SQQQ is 2x levered

>> No.12193320

>>12193089

>do you buy and sell within a few days (or day after buy even), or do you buy regularly for a long time (months), sell on a green day months after accumulating?

I've been acquiring my PSQ position for about 15 months, bit by bit cost averaging. Until I had 60K worth. I stopped acquiring PSQ at the end of July and switched to SQQQ and SDOW.

SQQQ I've been buying since July, but not nearly in enough volume that I should have.

SDOW is just something I threw 4K at for shits and giggles because the DOW chart looked similar to the NASDAQ.

My market timing is shit-tier, I can't trade short term. When everyone in SMG was shilling for TQQQ about a month or two ago I knew the top was near though.

>> No.12193322

>>12193306
Holy fuck bible poster how can one man be so based

>> No.12193332

>>12193301
>fed cucked itself
>not see as trustworthy anymore
what universe are you from my dude?

>> No.12193337

Sour Hour incoming

>> No.12193340
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12193340

Ford continues to trend downwards and will go sub $8 next week
Still waiting for ultimate cheapies around $7

>> No.12193345

>>12193322
I thought you were going to leave the trip off until next year?

>> No.12193346

>>12193284
yeah the SC was massive and awesome but Mattis departure and US cucking itself in the ME has utterly broke my spirit on Trump

>> No.12193353

>>12193306
>>12193243
there really isn't anything wrong with LCI.. Don't get fooled by price manipulation. The company is doing just fine right but manipulators know you're probably lazy and won't do any DD so they make the price look like the company is doing terrible when it's really not..

>> No.12193358

2500 close

>> No.12193362

>>12193353
how is the share structure though?

>> No.12193366

>>12192884 this picture is missing the
>if only you knew how bad things really are

>> No.12193371

Upward breakout starting in T-minus 25 seconds and counting.

>> No.12193378

>>12193346
I like Trump more because of it. He cucked Neocons. Pulling out of foreign countries is good.

>> No.12193382
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12193382

>>12193340
>>12193353
Are you still waiting for $7? Dude with drip this is some good shit
>>12193345
I lied to you and myself

>> No.12193390
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12193390

>>12193272
must...eat....beans.....
https://swbeans.com/why-beans/

>> No.12193396

We have lift off. Next stop the will be the moon.

>> No.12193403

>>12193378
you're in the minority especially the minority among the military

>> No.12193406

>>12193371
oh crud its the golden bullrun
Im buying in

>> No.12193412

>>12193382
yep.. will wait for under $7 to start buying F

>>12193362
still really good.

>> No.12193425

>>12193403
I'm fine with being in a minority. People need to be less gung-ho on foreign affairs.

>> No.12193430

uhhhh Houston we have a problem.

>> No.12193442

>>12193412

What is the LCI stock ticker?

>> No.12193443
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12193443

It's drinking time

https://www.youtube.com/watch?v=n2Ez-w-zvd4

>> No.12193446

>>12193291
Plz stop I can only get so erect

>> No.12193448
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12193448

>>12193291

I'm making a cup in my aeropress thing right now.

>> No.12193450

>>12193442
kek

>> No.12193452

>>12193442
LCI

>> No.12193453

>>12193425
t. chinaman

>> No.12193455

>>12193442
GPRO

>> No.12193474
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12193474

I haven't checked my TDA account in three days. I won't look at the damage until my next paycheck to buy the dip.
>>12193442
CARV

>> No.12193480

>>12193455
Fuck I remember when this shit was going through the roof. Then everybody that was going to own a gopro, did own a gopro, and here we are now at $4 a share.

yikes

>> No.12193489

>>12193412
What happen to make it drop over 60% in august?

>> No.12193490

>>12193403
BS. Virtually no one in the military wants to go to some shitty desert. They'd much rather collect their pay while based in the US or some wealthy/tropical country.

>> No.12193492

>>12193442
LCII LCI Industries. It's down 7.75% right now

>> No.12193494
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12193494

>>12193443
Thank you for the rare Tay

>> No.12193497

>>12193332
>what universe are you from my dude?
The one where have no idea what's happening where you're always wrong and I'm right.

They made a mistake they keep rasing the short term interest rate but not the medium-long term rate. Either they are completely retarded which is unlikely or this is some political jew shit. Since they raised the short term rate 3 times and not the other ones they fucked up the balance sheets of all US companies and eliminated any possibility of any forecasting or planning for said companies in 2019 so they don't know weather to release bonds or get loans from major banks because nobody knows what the fuck the FED is actually doing here so ER's in mid January of corporate America will all be mostly negative and the market will go even lower, market caps will decline and the balance sheets will be out of whack unless retards either lower the rate they just raised in January or MArch at the latest and admit to being retarded which will send the markets lower or start rasing the medium to Long term rate to match the short term which will send the markets lower. Either way they are trying to cause a recession for no apparent reason for something that can easily have been prevented if they just raised the short term-medium-long term rates simultaneously but instead they jsut keep raising the short term so corporate America is now fucked and will want to fuck up the FED for this since they fucked up their balance sheets for no reason. Either way the actual administration will have to step in and reign in these faggots because at this rate the market keep going down at least until late January with potential to actual cause a real crash and a real recession.

>> No.12193501

>>12193490
you're wrong but that's ok

>> No.12193503
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12193503

STOP FUCKING SELLING

HOLY SHIT

>> No.12193504
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12193504

>>12193480
shut up -_-;

>> No.12193508

Hour of reckoning is apon us

>> No.12193510

If you guys bought good stocks like Dean Foods and Surveymonkey youd be in the green zone right now

>> No.12193514

should I buy now or wait until January?

>> No.12193522
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12193522

>>12193322
My cat gives me strength
also drugs

>>12193345
>believing him for the 314th time this year

>>12193353
eh, its a lotto ticket
if LCI moons, i sell for nice greens, and that sweet sweet mental high from selling for a profit
if it goes down to zero, i get extra tax returns, so its a win-win

either way, it makes up so little of my portfolio's worth that i dont give a fuck about daily movement

>> No.12193526

Reminder that millionaires aren't made in good times but bad. Save and once we reach the bottom then invest. Your time will come but it isn't today or tomorrow.

>> No.12193527

>>12193514
maybe

>> No.12193531
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12193531

>>12193494
https://www.youtube.com/watch?v=QGv81JnbBJw

>> No.12193532

>>12193514
at this point any positive confirmation of a uptrend would be a great time to buy.

>> No.12193533

>>12193129
i make $16 an hour but im just buying this dip continually, im tryna get myself out of middle class into investor retired class

>> No.12193534

>>12193504
d-delete this image

>> No.12193538

>>12193510
SPY is going to start reversing once everybody is forced to start covering their shorts.

>> No.12193544

>>12193501
>people in the military don't complain and hate getting deployed to middle eastern shitholes
>people in the military don't try to angle themselves to get deployed to Italy, Germany, Japan, etc. over anywhere else.
Yeah, okay. You've no idea what you're talking about. Opinion discarded; welcome to the filter.

>> No.12193548

>>12193358
>2400 close
FTFY

>> No.12193550

>>12193531
I just want to lick her salty arm pits after a long and hot slow

>> No.12193552
File: 13 KB, 220x229, 1531377093149.jpg [View same] [iqdb] [saucenao] [google]
12193552

>> No.12193556

>>12193522
>eh, its a lotto ticket
It's better than a lotto ticket.. anyone with half a brain and a little bit of know how on DD can see that it's a very undervalued company.

>> No.12193561

>>12193533
This is NOT a buy the dip market. Its short the bounce.

>> No.12193563
File: 3 KB, 432x56, Balances.png [View same] [iqdb] [saucenao] [google]
12193563

Really, really want to capitulate right now. Maybe buy back in later.

>> No.12193564

Remember, according to Americans:

>The first day of the week is a Sunday
>Christmas is on the 25th of December

>> No.12193575

>>12193544
its ok that you feel this way but you're wrong. a majority in the military are disillusioned with T after Mattis and ME cuckout

>> No.12193577

Sorry for the shitpost.

Is anyone else just so detached from their """"""investments""""""" now?

Like, after going down 10% I just stopped caring.

Coping mechanism?

>> No.12193580
File: 289 KB, 1130x802, 1545001766006.jpg [View same] [iqdb] [saucenao] [google]
12193580

>>12193443

https://www.youtube.com/watch?v=P8ZnjqbOuyc

>> No.12193581
File: 455 KB, 591x385, 1541809970746.png [View same] [iqdb] [saucenao] [google]
12193581

here come the margin calls

>> No.12193582
File: 37 KB, 834x375, Spyput.jpg [View same] [iqdb] [saucenao] [google]
12193582

WElp SPY ya finally did me good and had my back

>> No.12193585
File: 12 KB, 217x232, images.jpg [View same] [iqdb] [saucenao] [google]
12193585

>>12193577

>> No.12193590

>>12193577
My coping mechanism is knowing that blue chips are going to be on sale in January

>> No.12193596

>>12193577
i'm attached but it's all part of the game, so you either accept it or dont play.

>> No.12193599

>>12193563
really? the only thing going through my mind is
"I need to get more money to buy these cheapies, biggest spy red candle in 10 years"
might even call the anahaim area mafia for a loan

>> No.12193604
File: 1.31 MB, 470x960, excellence is a reward from Christ.png [View same] [iqdb] [saucenao] [google]
12193604

>>12193564
>>>Christmas is on the 25th of December
na, the 25th is just the first day of Christmas

but only heathens celebrate Christmas on the day of Christ's baptism, instead of the day He was born

>> No.12193614

>>12193599
Yeah but the thing is
I don't have a job. And I probably won't get one soon.

>> No.12193622
File: 23 KB, 600x350, proxy.duckduckgo.com.jpg [View same] [iqdb] [saucenao] [google]
12193622

>>12193581
>any second now, I'm not the only one, I can't be the only one

>> No.12193624

>last L2 winners and losers yesterday
Did they stop so they didn't have to deal with the embarrassment of pushing FAANG stocks so hard.

>> No.12193630

>>12193599
no, for me the paradigm has ended
there might be recovery for this but I unironically see a 10 year bear market

>> No.12193631

>NAVARRO SAYS TRADE PACT WITH CHINA IN 90 DAYS IS DIFFICULT: NIKKEI

>NAVARRO SAYS NO HALF-MEASURES, CHINA MUST ADDRESS ALL OF U.S. CONCERNS: NIKKEI

Thanks, S&P now going to 2300 for sure now.

>> No.12193634

SUB 240 CMON

>> No.12193636

lol, with this level of sell-off, china should just come in and buy the entire US equities market as an ultimate fu to Trump.

>> No.12193642
File: 314 KB, 1125x2001, IMG_3139.png [View same] [iqdb] [saucenao] [google]
12193642

>>12192047
Hoooooooly shit there goes my limit order.

Fuggggg. Do normies still love the shit out of apple? Is every freshman's bag still packed with a pink MacBook?

>> No.12193644
File: 52 KB, 960x959, 1543607503615.jpg [View same] [iqdb] [saucenao] [google]
12193644

spy is FUCKED

>> No.12193651

>>12193534
Why are all food stocks going on sale?
I'm grateful so now I'm buying them up, but why?

>> No.12193652
File: 1.87 MB, 2048x3072, 1543856953060.jpg [View same] [iqdb] [saucenao] [google]
12193652

>>12193577
Well if you have us dollar based indecies or over 50 compnaies etf you are safu just wait. if you have couple"stacks" or euro/emerging markets you are not as safu

>> No.12193655

still waiting on that short squeeze baggie

>>12192780

>> No.12193657

>>12193604
Based. God bless you anon

>> No.12193664
File: 95 KB, 900x900, 1544148027403.jpg [View same] [iqdb] [saucenao] [google]
12193664

Happy holidays. I'm sure we're all feeling the Christmas spirit right now.

May God have mercy on our souls.

>> No.12193666

>>12193526

It takes a very unique mindset to be able to ride a market until the top or bottom, and then do the necessary action within 10% to protect your wealth.

Not that there were index ETFs available in the 1920s and 1930s, but just imagine trying to predict the top and the bottom of the market.

Or trying to predict the top of the dot com boom in late 1999 or early 2000.

It's doable. If you have the right instrument it's worth the risk, but you can't be diversified and you have to get within 10% of the top of the market, and then go on the roller coaster down to within 10% from the bottom of the market.

It's the trade that comes around every 10 or 15 years.

>> No.12193672

VXX is leaving us in January. D:

We're going to have to use VXXB for our volatility meme now.

>> No.12193681

>>12193526
thanks anon

>> No.12193683
File: 566 KB, 500x490, 1540907943191.gif [View same] [iqdb] [saucenao] [google]
12193683

Ahhh fug. The Goose just set new daily low and stopped me out at 0.5% loss. Oh well.

Every time I try to trade outside the dude weed things don't go so well. The burger side of the dude weed is actually marginally trending upwards right now.

>> No.12193684

>he bought @ 270

>> No.12193690

Heads up, Gonna buy SQQQ puts for cheap when TQQQ hits 32$

>> No.12193698

>>12193651
Consumer staples- these are good to have in periods of downturn

>> No.12193701

>>12193577
You’re in denial. Next comes fear, capitulation, and despair if you keep hodling like an idiot

>> No.12193702

>>12193655
The launch vehicle blew up on the launch pad. Something to do with too much weight in its compartments.

>> No.12193704

>>12193631
Thanks just sold all of my index funds shares.

>> No.12193711

Should just go all in on SQQQ and hold for through 2019?

>> No.12193716
File: 317 KB, 500x500, tenor.png [View same] [iqdb] [saucenao] [google]
12193716

>>12193651
Ive already explained this to you comfy
the only survivors were like KO, PEP, and MKC
Meat industry got fucked by china pork, most fuckerd by interest rates and highers transport costs

Just buy it Nya, they give you high yields and at historical drops, youll be swimming in cash in a few years. GIS and KHC have only stagnated the dividends, they wont cut. If you buy these you will be satisfied in the future

>> No.12193717

>>12193711
Yeah man go for it!

>> No.12193733

>>12193575
You have no idea what you’re talking about and don’t even understand what the majority of service personnel do. The modern military is a workfare program that saves the government a ton of money on the operational costs of defense.

I think you play too much call of duty.

>> No.12193737

>>12193711
Do it, I mean what can go wrong?

>> No.12193745

Anyone know if we’ll bounce back on Monday?

>> No.12193748

>>12193716
The only food stocks I'm interested in are
GIS
K
KHC
LW
Conagra
I'll be satisfied with these

>> No.12193749

>>12193642
It's still going lower... what's happening?

Next limit order where? 1K at 145?

>> No.12193751

SEVENTY-NINES ARE TRADING

>> No.12193752
File: 174 KB, 973x1225, 2333.jpg [View same] [iqdb] [saucenao] [google]
12193752

>>12193448
>>12193446

Hey guys. I'm back with coffee. Oh look, we will hit 2418 today after all. Huh

>> No.12193757

>>12193733
you're wrong but it's ok that you are wrong.
please stop replying to me with your nonsense non-sequiturs

>> No.12193758

>>12193745
yeah i know but it's a secret

>> No.12193771

There are no more bounces. This is the end of the world economy as we know it. The entire economy was a scam built on credit. It never existed. Now it is going back to its rightful value of 0. You can't build an economy on money that doesn't exist ie. Debt.

>> No.12193774

That dude with the limit order on SPY for $240 might get his wish for Christmas.

>> No.12193778

fb -7%
aapl -4%
ntflx -6%
amzn -6

>> No.12193779

9 straight red days, 7 in basically complete free fall for the SP500, this is YIKES bros

I mean I guess we just keep buying but we have a lot of work to do to new all time highs

>> No.12193780

>>12193752
FUCK

>> No.12193782
File: 101 KB, 800x577, 1517879314286.jpg [View same] [iqdb] [saucenao] [google]
12193782

>He's still bullish
>He bought the "dip"

>> No.12193788

>>12193774
SPY is going to 0

Long LCI

>> No.12193793

>>12193771
will keep falling until end of year, first week of Jan it will bounce because the big guys will start positioning. whether that will hold will depend on the fed and geopolitics

>> No.12193796

>>12193758
Spill it! I need to the short the top of the next bounce

>> No.12193797

>>12192918
Excuse my skepticism, but I doubt an abrahamic God is gonna help you get a "golden bull"

>> No.12193801

Guys look at PFE right now
Looks like it just hit support

>> No.12193803
File: 31 KB, 624x396, tariff man.jpg [View same] [iqdb] [saucenao] [google]
12193803

>> No.12193806

>>12193797
Get the fuck out of this general.

>> No.12193809

>>12193793
False 100%. Outflows coming like you’ve never seen

>> No.12193814

>>12193782

Statistically speaking, your odds of a profitable long right now is better than a odds on profitable short. Considerably better if you wager on a two month hold.

Shorting right now is pure fomo.

>> No.12193816

>>12193803
FUCK SHOULDVE SHORTED THAT ORANGE SHITFACE

>> No.12193818

>>12193757
Just because you can’t follow the logic doesn’t make it a non-sequitor

>> No.12193819

why dont people buy O? 22 cent divvy monthly, shar eprice mooned recently to $60+, but imagine getting that yield if you bought in the high 40s.....based

>> No.12193825

>>12193806
'No'

>> No.12193827

so yeah we're like 5% below the weekly bollinger band on the SPY I highly recommend a Long lolol or you know whatever

>>12193748
Give mondelez a shot too, its a good performer, like Ko almost, and a better version of kraft

>> No.12193830

>>12193803

IMPEACH NOW

>> No.12193833

>>12193624
because nobody was watching which is tragic because it was absolute kino. now he does a podcast with a dumb bitch

>> No.12193837

Question about Monero:
Using google I found out that in order to check your balance you have to provide one of your keys (not seed) to some website on the internet.

I'm aware that these keys are not the same as a private key of different coins. But why do I have to share the key with some website in order to check my funds? Can I not check my funds on my own without another party?

Would I have to download the entire blockchain?

>> No.12193838

Who shorted this market! I bet it was Trump!

>> No.12193843

>>12193803
fuck drumpf!

>> No.12193853

brace your selves unpopular opinion coming through:
orngmin? 'e bd

>> No.12193855

game over man, game over

>> No.12193857

>>12193827
I considered Del Monte but there is a literal banana plague that will kill off the only major species of banana used in the next 50 years

>> No.12193859
File: 608 KB, 1816x938, WEED16.jpg [View same] [iqdb] [saucenao] [google]
12193859

Looking at the shambles that is Canopy Growth's chart at the moment. Updated buy target: $32 (CAN).

>> No.12193860
File: 458 KB, 720x720, pinkwoj.png [View same] [iqdb] [saucenao] [google]
12193860

no bros this CANNOT be happening

>> No.12193862
File: 98 KB, 400x388, ascendant frog.jpg [View same] [iqdb] [saucenao] [google]
12193862

MY SCO CALLS ARE IN THE MONEY!!! THEY ARE NOW WORTH OVER 10X WHAT I PAID!!!

FUCK, I WISH I HAD BOUGHT MORE!!!

>> No.12193863

Man this hurts. First "crash" as a 30 year old boomer

>> No.12193865

>>12193860
you do have short positions r-right

>> No.12193866

bis bald

>> No.12193868

>PG
>green
based

>> No.12193870

I AM STILL HODLING

>> No.12193872
File: 896 KB, 1440x2960, 61ddg63zyo521.jpg [View same] [iqdb] [saucenao] [google]
12193872

Stock market bigger bubble than crypto. Get fucked nocoiners.

>> No.12193875

>>12193866
spater

>> No.12193877

>there are people itt who unironically supported trump

The only question in my mind at this point is if the markets will truly and properly collapse before the end of his reign or not.

>> No.12193878

Anyone who isn't selling off everything at this time is waiting to die.

>> No.12193881

Holy shit this is crazy. We're really going down this time. SPY to 0

Long LCI

>> No.12193885

>>12193872
>cryptocurrency
worthless electrons floating around on the internet
>stocks
actual companies producing things people buy

woah

>> No.12193887

HAHAHHAHAUAHAHAHAHAH JUST SAW MY 'RETIREMENT' ACCOUNT. IM DEAD BROS

>> No.12193888

>>12193870
cut off your hands and sell them to the military, they will pay unfathomable riches for the unbreakable material they are made of.

>> No.12193889
File: 349 KB, 978x1114, 1543374866116.jpg [View same] [iqdb] [saucenao] [google]
12193889

>>12193497
>They made a mistake they keep rasing the short term interest rate but not the medium-long term rate.
>The fed can raise the medium-long term rate

>> No.12193890
File: 38 KB, 701x512, jr-gold-etfs-030817[1].png [View same] [iqdb] [saucenao] [google]
12193890

>>12193711
only if you have enough capital to average down for a while

JNUG and JDST are fun during volatile times like this too (2016 was so cash)
that is one addicting and dangerous game though

>> No.12193891

>>12193878
Finally dumped TQQQ and seconds later it's down further percentages fucking insane

>> No.12193892
File: 54 KB, 425x550, 1238642836481.jpg [View same] [iqdb] [saucenao] [google]
12193892

>>12193872

>> No.12193894

>>12193872
based and crypto pilled

>> No.12193896

>>12193878
boomer retirements will be annihilated

>> No.12193898

Short
P
Y

Long
C
I

>> No.12193900

>>12193803
Tariffs are pro-worker. No matter what that commie fuckface says when he worships China.

>> No.12193904

>>12193872
I doubt stocks are in for an 80~ percent correction, more likely to be around 60%. Since stocks are based around future profits and the economy, there's more likelihood it will go up in the future than Crypto which is basically a commodity and has no such guarantee or even dividend.

>> No.12193908
File: 5 KB, 225x224, download (22).jpg [View same] [iqdb] [saucenao] [google]
12193908

ALL AROUND ME ARE FAMILIAR FACES

>> No.12193912

>>12193900
>Tariffs are pro-worker
The effectiveness of tariffs is relative to historic circumstance.

>> No.12193913
File: 45 KB, 843x542, btc1221.jpg [View same] [iqdb] [saucenao] [google]
12193913

>>12193872
yeah no thx

>> No.12193915

>>12193912
This.

>> No.12193916

WHO LET THE DOGS OUT WOOF WOOF

>> No.12193922

>>12193532
>at this point any positive confirmation of a uptrend would be a great time to buy.
Bruh, we had that this morning and now look where we are.

>> No.12193924

Wtf is this shit. Is it possible to just keep falling without taking a break or get an actual bounce?

>> No.12193926
File: 47 KB, 633x640, 0cc.jpg [View same] [iqdb] [saucenao] [google]
12193926

Trump supporters are literally the dumbest and most desperate folks around. Like I honestly don't understand their mentality. He's bad for business and the economy. His supporters would rather lose money and have less spendable income if it means that they can trigger Democrats. I don't like Democrats but atleast they can keep the ship afloat so we can make money, they understand how the system is played.

t. 43yo Boomer

>> No.12193927

I’ve lost so much fucking money. Literally close to 400k. It was from inheritance. Is Christmas a typical time of year for investors to kill themselves?

>> No.12193928

>>12193912
The effectiveness of tariffs is pretty much impossible because every company and politician wants to jump ship to China as fast as they can and will sabotage any attempts to stop them. The entire US economy is an exit scam and we're watching the scam before our eyes right now.

>> No.12193933

>>12193924
I mean I fucking hope not

>> No.12193934

I think we'll bounce Monday.
Thinking about buying in before close.

>> No.12193943
File: 6 KB, 270x186, proxy.duckduckgo.com.jpg [View same] [iqdb] [saucenao] [google]
12193943

what a good day today

>> No.12193944
File: 3.98 MB, 480x260, giphy.gif [View same] [iqdb] [saucenao] [google]
12193944

SANTAS HERE!!

>> No.12193945
File: 633 KB, 1240x700, gross.png [View same] [iqdb] [saucenao] [google]
12193945

>>12193926
this but unironically

fun fact, /pol/ these days is quite literally composed of boomers who came from reddit. pic related

>> No.12193947
File: 495 KB, 1305x1265, 1540540990830.jpg [View same] [iqdb] [saucenao] [google]
12193947

S&P500 is down 11% in December alone.

The Christmas Massacre of 2018.

>> No.12193950

>>12193927
Are you literally retarded?
How did you lose 400k

>> No.12193952

>>12193924
Statistically, when you have a large enough sample size you should get at least one or two periods of extended downturns out of just purely random noise. It's not impossible it does just keep falling slowly until a crash.

>> No.12193953

My prediction was a bit off, it only bounced to 2500 instead of 2530.

Lull

>> No.12193954

If I see more than a 1% dip on my portfolio on Monday, I'm selling everything, even OGE. I'll save 50%, put 25% as funds to reinvest when the market fully corrects and then 25% into crypto.

>> No.12193956

>>12193926
yeah I wish Clinton had won so we wouldve had nuclear armageddon by now

>> No.12193959

>>12193928
I agree.
The thing is especially ironic though since the early american economy was built by placing tariffs against the Brits.

>> No.12193962

>>12193927
Market downturns are when investors kill themselves. Christmas is when everyone kills themselves.

Don't do it though. It'll go back up.

>> No.12193968

>>12193928
I dunno, this is also inversely true for a lot of China's businessmen who all have second homes in the US and send their kids to American schools.

>> No.12193972

>>12193927
sell some of those bonds brah, time to put fresh cash to work

>> No.12193973

>>12193927
Zero sympathy from me. You obviously have pathetic money management skills and should not be trusted with handling a fund. I repeat, anyone still hodling equities deserves what’s coming. Fucking delusional hodlers.

>> No.12193974

>>12193954
>crypto

>> No.12193976

Made a cool 1k today

>> No.12193980

>>12193956
>pantsuit mommy gib no milkies and no tendies
>we tried blackmin, now womin? No way!

>> No.12193981

>>12193711
Don't do it bro according to my analysis SQQQ had similar percentages (High - Open) back in February 05, 2017. Then next week all values were lower than that past high. But go ahead and don't listen to my advice I'll be seeing how all the SQQQ holders will be reacting next week.

>> No.12193986
File: 785 KB, 778x501, 1542884598173.png [View same] [iqdb] [saucenao] [google]
12193986

Looks like the boomers are going to have to work for a few more years. Sorry millenials!

>> No.12193990

>>12193782
me on the right. They let me keep the kimono, but I had to give back the obi. Damn jews.

>> No.12193992

>>12193954
>portfolio
>crypto
Kek

>> No.12193993

>>12193968
Yeah cause he's full of shit. The US economy is still the best investment in the world right now, but everything is way overvalued.

>> No.12193996

>>12193973
why are you so angry? is it because you're poor?

>> No.12194006
File: 105 KB, 678x904, 1538076215350m.jpg [View same] [iqdb] [saucenao] [google]
12194006

Damn it this fucking sucks

>> No.12194015

>>12193981
I'm thinking the same as this. I'm gonna buy into a down but low volatility stock right now that I can sell during a hopeful pump next week.

>> No.12194017

>>12194006
i think it's fucking great!! you should've bought some puts..

>> No.12194019
File: 21 KB, 397x181, ssss.jpg [View same] [iqdb] [saucenao] [google]
12194019

>>12193976
Ma man

>> No.12194020

>>12193996
IM ANGRY BCZ IM SITTING IN CASH AND WAITING FOR A BOUNCE SO I CAN SHORT BUT THIS BOUNCE AINT COMING AHHHHHHHH

>> No.12194023
File: 252 KB, 819x1041, Special notice to all Jews.png [View same] [iqdb] [saucenao] [google]
12194023

>>12193956
>>12193926
Imagine actually caring about American politics and thinking either choice matters when the final victory of the Jew was already achieved in 1945.

>>12193959
I don't really think that anyone cares anymore. The average person is too stupid to remember anything except in 4-year intervals, and the political elite know they can just keep jumping from country to country pulling the same thing over and over.

>>12193968
Yeah, because things are still pretty good here right now, comparatively. If China ever manages to implode on itself they have assurance, but they also lose nothing if America goes down. Plus, by having so much property and people here, they basically get to buy the country should it go cheap enough.

>>12193974
Better something than nothing.

>>12193986
I predict there will be a 'recovery' from this crash, but like the crash in 2008 it will lead to a significantly worse quality of life among the average person while companies get richer.

>> No.12194027
File: 81 KB, 771x681, snibeti snab.jpg [View same] [iqdb] [saucenao] [google]
12194027

>>12193945
/pol/ was always a containment board for trash

you are just lying to yourself if you think it was ever good
(election night stickies are fun for the lols though)

>>12193926
hes not great, but between the choice of him or clinton for 2016, he is the best choice

>>12193927
>I’ve lost so much fucking money. Literally close to 400k. It was from inheritance.
you deserve worse

>> No.12194029

this 40% sale on QLD and 30% on SSO is incredible

if we keep going down for a while i might retire in under 5 years.....the returns the second we go back up will be astromonical, these prices are once in a lifetime

>> No.12194031

>>12194020
average up(?) your shot position

>> No.12194032
File: 10 KB, 225x224, images (9).jpg [View same] [iqdb] [saucenao] [google]
12194032

WHAT THE FUCK I JUST SOLD ALL MY STOCKS AT A LOSS TO BUY CRYPTO AT 4000 AND NOW ITS FUCKING CRASHING LIKE A NIGGER TOO WHY THE FUCK DID YOU TELL ME TO HEDGE WITH CRYPTO YOU FUCKING BIZ NIGGERS EVERY TIME I LISTEN TO YOU COCK CARGLING FAGGOTS I LOSE MONEY NEVER AGAIN IM SELLING EVERYTHING AND PUTTING IT INTO A SAVINGS ACCOUNT YOU SHOULD ALL BE ASHAMED OF YOURSELVES

FUCK STOCKS
FUCK CRYPTO
FUCK /BIZ/
FUCK JEWS
AND FUCK INVESTING!

>> No.12194033

can't people just stop selling?

>> No.12194044

>>12194033
no one wants to hold smelly poo

>> No.12194048

IS THAT THE... IS THAT THE MFUCKIN BOUNCE!? FUCK!

>> No.12194049

>>12193996
Also I hate seeing waste, and losing inheritance money bcz you never earned the experience to manage it is fucking wasteful. Feels bad for the parents

>> No.12194054

>>12194033
That isnt good enough, we need the assholes at Goldman sachs to flip on the Buybots

>> No.12194056
File: 132 KB, 1200x800, hodor-1.0.jpg [View same] [iqdb] [saucenao] [google]
12194056

REINFORCED ADAMANTIUM HANDS

>HOLD THE BAG
>HOLD THE BAG
>HOLD THE BAG
>HOLD TH BAG
>HO THE BAG
>HODABAG
>HODABAG

...

>> No.12194061
File: 1.19 MB, 540x293, youdidwhatnow.gif [View same] [iqdb] [saucenao] [google]
12194061

>tfw made enough money to pay for hormones for the next 10 years in the past 2 weeks
It's not all bad.

>> No.12194065
File: 175 KB, 739x1080, proxy.duckduckgo.com.jpg [View same] [iqdb] [saucenao] [google]
12194065

>>12194048
I've said it before and I'll say it again, embrace the satsui no hado bulls or die

>> No.12194068

>>12194032
I'm sorry for your loss anon, but for everyone listening at home it's important to note that hedging doesn't mean selling all your assets to put them into something else. The only way to reduce your risk is to diversify and hold all kinds of assets at the same time.

>> No.12194070

Just bought some floating rate preferred stock.

If you want to hide out from the volatility, you should be in yield-centric securities like bonds or preferred stock, or defensive stocks then ideally sell option premium on them.

>> No.12194071

>>12194048
yes goyim.. this is the bounce... nothing but up from here! please buy a lot :^) and make sure to buy lots of Goldman Sacks, Bank of America, Citigroup, and JPM stocks! Thank you goyim!

>> No.12194073

What if all this action on SPY isn't because of people selling short but people actually legitimately leaving for cash?

>> No.12194074

>>12194068
Imagine hodling stock and crypto rights now wew

>> No.12194076
File: 95 KB, 680x989, bait too big.jpg [View same] [iqdb] [saucenao] [google]
12194076

>>12194065
embrace entropy, find meaning in the chaos

>> No.12194078

>>12194033
>when you think that the whims of the stock market have anything to do with what average people think
The stock market is exclusively controlled by a handful of whales, some of whom legitimately think ancient occult practices serve as correct predictions for the markets.

>> No.12194084

>>12194061
Nice
take out that shit now though

>> No.12194085

CRATER IT. 2300 on Christmas Eve, fucking mark it nuncle.

>> No.12194089

>>12194073
I'll be rich is what it means

>> No.12194091

>>12194056
literally me

>> No.12194094

>>12194023
>there will be a 'recovery' from this crash
I can't see it tbqh. Take Europe for example. The German economy has already started slowing down, if a crash happens now they are fucked proper. Other European countries will also be hit and the deflation will be disastrous. Tax reforms are not an option, we already saw how this can go down in France, and they can't just use QE again. And let's not talk about the banks.

>> No.12194097

>>12194032
We've got to definitely be close to the bottom now.

>> No.12194106
File: 172 KB, 436x361, 1535391756108.png [View same] [iqdb] [saucenao] [google]
12194106

>OGEN

wtf

>> No.12194107

>>12194078
>ancient occult practices
yeah man, it's all ancient allegory not automated algorithm.

>> No.12194111

>>12194094
Dead cat bounce Monday, and then we'll see the real crash.

>> No.12194114

>>12194097
What if we’re not? Is it possible to just keeping dropping 1-2% like this for few more weeks?

>> No.12194117

>>12194111
you mean we're going to hit the breaker?

>> No.12194118

make the new thread comfy Im not going to chilies like this

>> No.12194121
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12194121

>>12194068
yeah but even I have diversified portfolio and its all coming down crashing

>mfw not committing sudoku yet

>> No.12194122

>>12194118
Okay one sec

>> No.12194123
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12194123

>>12194097
>were close to the bottom because of one guy

>> No.12194125

>>12194097
We've just started digging.

>> No.12194127

>>12194114
Welcome to 1970

>> No.12194130

Ouch, what a week.

>> No.12194131

>>12194084
Don't worry anon, I'm already out and now going to become a girl.

>> No.12194133

>>12194114
Unfortunately yes, its possible.

The market is in panic and is irrational. It will do whatever it wants.

>> No.12194135

The only reason I'm even thinking about HODLing is because lmao tax season.

>>12194094
My main worry is that by the time we go full Weimar how the American army is going to fair. It's literally the only thing keeping us stable, and with the amount of shitskins in the army, we have a possibility of going full South Africa.

>>12194107
"O wise, automated master of masters..."

>> No.12194136
File: 1.60 MB, 201x145, 1423509657491.gif [View same] [iqdb] [saucenao] [google]
12194136

Another day, another couple hundred points down on the dow. JUST.

>> No.12194137

>>12194074
There are some defensive stocks that probably aren't a bad idea to hold. But yeah, if you're in invested in the market as a whole you probably should have sold last month or earlier.

>> No.12194138

>>12194125
we've only just bought our first spade

>> No.12194147

>>12194145>>12194145>>12194145>>12194145>>12194145>>12194145>>12194145>>12194145
New bread
>>12194145

>> No.12194150

>>12194117
Trips don't lie. All the dominoes are in place.

>> No.12194152
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12194152

>>12194097
Kek, it's just the beginning, we're going back to 1800

>> No.12194174
File: 52 KB, 800x450, this_is_fine.jpg [View same] [iqdb] [saucenao] [google]
12194174

>/biz/ and reddit right now

>> No.12194180

>>12194121
Less risk doesn't mean no risk. If you really want to reduce risk you shift money towards fixed income assets. I'm down, but only by about 2% on the year in unrealized gains because most of my money is in treasury based mutual funds and consumer staple stock.

>> No.12194182
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12194182

>>12194097
Mark my words Bagholder guy - bounce from here for 2 day to 2511, then down to 2333. Ill contact you again in two days.

>> No.12194203

>>12194135
The military was also the strongest organization in the weimar republic, in many ways this didn't help things as it encouraged coups.

>> No.12194243

>>12194203
No, only nonwhites have ever had destabilized countries and retarded governments/leaders.

>> No.12194299

>>12193837
this is a misunderstanding of some technical jargon that gets thrown around.

all you need is the gui software, you dont even have to download the entire chain to view your balance, but you do need to connect toa node that does have the complete blockchain to verify your balance if you dont want to download the whole blockchain.

>> No.12194438

>>12192989
I only started adding to my taxable account august this year it's been fun "averaging down" this whole time

>> No.12194457

>>12193128
never invest in adtech

>> No.12194990

>>12193757
Jesus fuck, as someone who was in the fucking Army I can tell you we fucking hated going to Middle East shitholes. I assure you that people celebrated Trump taking us out of the Middle East.