/biz/ - Business & Finance

GOLDEN BULL COMING BACK AFTER CHRISTMAS MIRACLE

what kind of trap is it when people wait for the bull trap to sell but it never comes?

>>12224414
I don't think Trump shitting on Fed publicly in Twtr is helping either.

YOU’RE A ROTTEN ONE

The USA will be Drumpf's 7th bankruptcy. Screencap this.

RETARDS STILL BELIEVE WE'RE NOT GOING FULL RECESSION

Nice work on OP images <3

Zoomer here, I can't remember the 2008 reccesion.
How are reccesion like? What happens during the market crash to society?

*ahem*
FUCK BOBO
FUCK SHORTERS
FUCK PUTS
FUCK BEARS

>TFW moved all accounts (401k && vanguard post tax acct) to cash on Dec 10
>TFW i got lucky timing the market
>Acct value of 60k preserved

Was planning on selling before Dec 19, but damn i got lucky with the timing.


That's it, i got lucky. Preserved long term gains from the last 3 years.

>>12224420
lmao

>>12224453
@_@ ty
am wanted to do this onahole one but its not family friendly enough

>>12224454
Have you ever seen the movie Threads? If not, watch it now. This is a glimpse of our future.

this sucks

>>12224470
Fuck I hate that I don't have sisters.

>>12224454
your dad loses his job and your parents start fighting more

it ends in divorce

>>12224470
Y-yeah I saw that one

>>12224420
Not that soon but yeah it will obviously come back, the question now is.. where's the bottom

>>12224465
I wouldn't use this luck to market time in the future. You might get lucky a couple of times by market timing, but just like gambling you're bound to fuck up and lose out too. People usually don't talk about their failures at market timing, only their successes.

what do i buy on the way down if i am looking to retire in 15 years? do i buy boomer tier slow moving divvy shit like T or KO, or do i just keep loading up index funds knowing they will recover ultimately and cost average in to a sweet price

my only thing in Green is Fresh del fucking Monte produce

I want to die

>>12224494
Check out /r/financialindependence. Load up on index funds, not individual stocks, if you want to ensure retiring early.

Time to watch the Big Short again on a comfy Dec.24 evening

>>12224504
Ahahaha

>>12224494
Dogs of the Dow

>>12224454

It is impossible to find a job. You have to move in with your parents. If they're not already divorced, they will be when one of them loses their job and 1 single income supports your family and entire extended family for 18-24 months. It wasn't until 2011 that things really turned around. 2008 was the start. It lasted a bit over 2 years. Unemployment in a lot of areas was over 30% for people aged 18-24. Part time work was the best you could find. I had to work 3 jobs to survive. There was no spending money and you're left counting pennies for every grocery item.

>>12224512
>Anon saved his mom tens of thousands of dollars

What a good son

>>12224512
You're still wrong, never give financial advice to family if you're an 18 year old sperg
They'll find a way to blame you for anything bad in the end

Who else /long and proud/? Normies and media are losing their minds. We are at PEAK FEAR. Now is the time to start scaling in. We officially hit the bear market headline today so normies will start panic selling. There is ZERO chance we are going below 230 without cooling down. Good 15-25% retrace of you pick your stocks right

>>12224470
omg just had super genius idea

>>12224490
I agree with everything you said. I highly doubt I will be able to duplicate what I did in this environment of randomness.

At this point im going to ride some CDs for 2019 and eventually DCA into ETFs again.

Bros I work for a county 911 EMS service, am I gonna lose my job? Or is the government gonna keep me comfy? It feels like the only people that are gonna get btfo by a full on recession are people that work for sales-based companies.

>>12224416
stop baking at 290 you fucking niggre

lmao fuck apple

>>12224531
Of course, and money will just be put in monthly anyway. Dividends will keep increasing each year to buy even more cheapies as well

fuck me

D-dollar cost averaging will save us in the long run

>>12224535
ok the ultimate synthesis of holiday cheer, bulltard bashing, and typographic thumbnail kinography

I’m down close to 20k since October. All in TQQQ. I do have some cash on the side. Tell me what to do

>>12224577
sell on open

>>12224470
>>12224535
>>12224575
What is this from? Sauce?

>>12224505
this is what ive been doing but i just wanted to make sure

i save about 40% of my income, buying QQQ and SPY exclusively

>>12224548
Nah, it’s going to be low skill workers and uncredentialed office cucks that will feel the burn. Jewish mothers holy trinity will be fine and so will state/government jobs.

>>12224575
This is the best one. Less clutter and the SMG is in tact and not separated.

>>12224605
Basado. I’ll be buying this juicy dip™

>>12224599
Good, anon, good. Same here, plan to retire at 47 at the latest. (I did the professional school meme so I didn't start investing until late twenties.) Don't give into individual stock memes. For that, have a side account that caps at 5% or something of your total investments if you really want.

>>12224577
Double down on TQQQ before the facemelting Galaxy Bullrun

>>12224647
this. If the retarded bears think we can keep going down like this everyday, they are even more disconnected from reality than /pol/

DUDE WEED PUBLIC SERVICE WARNING

wooooEEEEEEEoooo woooooooEEEEEEoooooo

Attention all who are dabbling in the Canadian dude weed sector. Canadian weed ETF broke a critical low support today. It did, however, manage to rally back above before close. High probability of bearish continuation on Canada based companies such as Canopy Growth, Aphria, Aurora, Tilray. The one outlier is CRON, which is showing better support strength than the others thus far.

US based companies are still in better shape and are still breaking bullish under all this sell pressure from the broader markets. Cresco Labs and TerrAscend both finished well in the green today.

/Food/

-Mondelez MDLZ average is 39, gonna double down at 37

-Avoided dca on CAG since crash, maybe buy at 19-18. massive failure

KHC and GIS still a good deal

-BGS still my strongest, large specs love this one

-STZ is still too sketchy to buy the dip, same with BUD.

Campbells Soup cpb is a big buy in my opinion. might hit 29

FDP is strong for now

PEPsico Is actually a good buy here

Avoid Kellogg and TSN

>>12224531
We haven't hit peak fear yet, not until boomers realize what they have lost, and normies start getting fired.

>>12224731
>>12224744
based food and weed frens

>>12224577
Lmao @ your life

>>12224531
I will be throwing 1000 a month this coming year. So many cheapies.

>>12224731
Aphria is up %15 for no reason. Don’t ask how much I’m still down though

Should I feel sad if I tripled my money since 2015 and I'm down to double now?
It's only paper gains and losses, I really don't feel strongly either way.
I didn't plan to use the money anytime soon, I'm just keeping it there for the future.

>>12224454
You family falls apart and your mom realizes she wants a man that can provide for her family. Being incapable of understanding greater market forces, she assumes your father is just a terrible man that cannot function in the working world. She leaves him for a younger dude, possibly of a different race. You now end up calling some guy whos only 5-10 years older than you and working an assistant manager job at the local McDonalds dad. His name is Chad. Your actual dad has been found at a motel with his brains blown out at this point. The market dumps harderand your Chad loses his job during the second or third wave of layoffs. Your mom sticks with him though because by now her daytime shows are reporting on the fact that shits fucked up for everyone. Chad eventually turns into an alcoholic and starts raping your mom in front of you in the living room. Your mom protests, but Chad thinks the answer is to kick you out of the house. Your mom goes along with it.
You're out on the streets and have a baby brother on the way. At least you still have 4chan.

>>12224416
I'm dreaming of a reeeed christmas...

>>12224771
You wouldn't be posting if you didn't already feel sad.

>>12224628
feels good man

i also own a bunch of SSO and QLD, 2x SPY/QQQ, not fully sure its the right idea though. Might want to go back to purely buying the staple SPY QQQ but im also willing to take the risk of 2x because i have iron hands, its so tough to make decisions knowing you literally only retire once and cant fuck it up

>>12224767
>Aphria is up %15 for no reason

Oh! Hey I missed that. Unfortunately having trouble with that falling trend line though. This is another potential outlier then.

>>12224771
You should feel angry, and start making revenge trades to get you back to your all time high

>>12224797
I'm worried but I don't feel like I've "lost" money, I don't know if this makes sense.

>>12224812
I get it. You can't beat yourself up about potential gains, but I also believe that buy and hold is a meme.

>>12224785
based chad

>>12224812
it does. i'm in the same position. you understand that in the distant future the value will be higher so it doesn't seem "real" because until you sell, it isn't. so what does it matter if you're down 50% on paper at one point if you never sell and in the future you're up 800%? trading mentality vs long termism

>>12224835
Buying and holding blue chippies is ez mode senpai, its not everyday you need to bail out on a company like GE.

>>12224851
....... except for when you do. Have you checked GE out recently?

I love how bulls can remain so optimistic and be so certain about the things they're saying when years of QE and zero interest rates have eliminated and distorted traditional trends to the point of total uncertainty

>>12224835
Buy and hold is a meme if you're invested in some ridiculous individual stocks. But thinking buy and hold is a meme for index funds ignores financial literacy. Really depends on the circumstance.

>>12224785
This makes me want Powell to raise the rates higher. Imagine all the sweet MILF pussy we can all be swimming in a few months from now.

>>12224864
Yeah, I can agree with you on that.

for all these pink wojaks all I can think about is how much more money i'm going to make when we hit the next bull run. i may be able to retire 2-3 years earlier.

>>12224863
You mean the QE that was eliminated in 2014? Yeah we've been doing fine since then regardless of the same tried doomsday shit

>>12224875
this bear market is giving a giant boner

I really enjoy Trump's shit talking about the fed. It's a refreshing change from the usual tendency of government to close ranks and never air frustrations about any particular agency/department/etc.

>>12224862
Golly I gad no idea GE shit the bed or I never would have mentioned selling that sto . . . .

>>12224878
I mean the QE whose unwinding hasn't even ended

>>12224875
fuck i need to find a way to make more money during this downturn for dca

Why did I trust myself to make an informed investment.

>>12224889
Heh, dividends though amirite?

>>12224908
Of course not, its projected that the Fed will reduce its balance sheet a whopping 4% by 2020. So scary owo
In the mean time, higher interest rates moves money out of bonds into the sp500 over the course, so.... QT is bullish for the sp500 if you know your history

>>12224887
There's a difference between voicing opinions and outright shiposting. His tweets are great though. I wonder if any other president will ever use social media again after Trump.

>>12224887
Yeah it’s called level-headed, which trumptards mistake for political correctness

>>12224452
In 50 years the current drop will be barely visible

What should I do, /biz/? Sell everything having lost 75 bongs?

>>12224977
sell your winners to average down on your losers

>>12224977
you hav elike a 4 figur eportfolio

buy index funds and fuck off, its not worth wasting time on that shit actually making trdes

So when this pops and the socialist wave erupts what will the gov give us? I want Medicare for all a guaranteed income and a free apartment

>>12225053
i want you to kys, all socialists deserve to be thrown from helicopters

Leftypol raiding the entirety of biz for the umpteenth time, so tiresome

>>12225053
free internet, free netflix/hulu, and free weed too

>>12225053
I want a new pickup truck and a sexbot from Santa.

Are there any of you guys here that lost a lot of money? I lost 700$ on options, I learned to be careful with these.

>>12225069
In the times of the modern Idiocracy, bear markets don't just summon doomsayers. It summons progressives who think doom is salvation.

>>12225069
imagine thinking a corporation will be your salvation

>>12224878
Essentially qe was not eliminated because as the payments came in and everything matured they just issued more debt. It was never allowed to die naturally. They just started selling the underlying assets (thus reducing the money supply)

>>12225069
When do we ban californians from the internet?

>>12225131
dont call $700 a lot of money kiddo

>>12224988
that's some retarded advice right there.

>>12225151
corporations have been our salvation, they've catapulted the economy forward with innovation, efficiency and profit.

imagine thinking the government will be your salvation you fucking retard. might as well become a pregnant welfare queen with no discernible skills except sucking from the teet of actual producers

>>12225131
Im down like 800 bucks, 15%.

Buying cheapies helps me cope.

>>12225131
i'm currently down approximately 30K of unrealized losses since September. But guess what? Its immaterial because i'm not selling (hopefully ever)

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO NOOOOooooooooo AAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHH

>>12225167
I know. Still a noob move.

>>12225151
Imagine thinking a government will be your salvation.

Someone tell me why my SNAP puts are going up even thought the stock price is up ?

>>12224744
Thank you for this rundown!
I like K though because they have tasty cereal

>>12225184
I'm in about the same spot. Sucks to watch but mostly irrelevant.

>>12225207
V O L I T I L I T Y

Why is everything crashing? Fundamentals are still the same. Is this just fear?

>>12225177
Yeah im also looking to buy cheap stocks
>>12225184
Yeah thats the problem with options. You need to be skilled to not loose everything when the market fucks up. However TQQQ is also getting JUSTed right now and I think it will be long before the price go back to ~70$

>>12225237
Yeas its mostly fear. Get ready to buy stocks when the market recover

>>12224785
Can confirm. This happened to me in 07-09

>>12225207
You shouldn't be trading options if you don't know option Greeks. Taking what you say at face value, it'd be because you have positive Vega and IV increased substantially.

>>12224490

Nobody ever went bankrupt taking a profit.

>>12225237
>The fundamentals are still the same

>>12225255
I've been buying on the way down but man it hurts right now.

>>12224785
Daddy Chaddy

>>12224865
Good meme lol

>>12225288
>GALT
>LCI
>SPY
>the fundamentals are still the same
>nothing has changed

>>12225288
Whats different besides slight interest rate increases (which didn't even happen in Canada)

>>12225155
I fail to see the issue
With credit spreads low (thanks to tax cuts) theres no risk of broad market credit risk. So why was this issuing of debt bad

why dont you retard bulls wait for the bottom before buying? Do you seriously think there's going to be a roaring 50%+ rally out of nowhere? The market goes sideways before it starts going up again.

>>12225237
because the prices were never based on fundamentals

After all my years on 4chan I have never seen such an consummate OP as the current one. Her work is exquisite and provocative. To call her threads art wouldn't be an understatement.

Bravo.

>>12225310
Because timing the market is impossible and averaging into your position is the least risky way to go about it.

>>12225289
Best thing to do is to buy blue chip stocks. Banks, visa, spy/dj etf. But I will wait a little before buying, until the market stabilizes and starts recovering

>>12225310
please, tell me exactly where the bottom is. Because stats show that if you miss the biggest trading days, you can go from 11% gain to like a 1% gain over the year. its better to just cost average and stay in the game than miss the big plays

>>12225310
"Waiting for the bottom" is retarded because nobody knows when the body is. 10% drop is still a 10% drop. That it theoretically could drop to 15% next week doesn't change the fact that it's still 10% discount today. So, you buy today, and then you buy in two weeks with your next paycheck, and the following two weeks with your paycheck then, and so forth. You never know when you're at the top or at the bottom, and because you can't know and the market could either rise further or drop further, you just buy when you have money.

>>12224592
her name is Zangyaku-san, which means Cruelty-San.
She tortures / kills pedofiles. PEDOS BTFO!

>>12224608
thank you, am thinking so too

>>12225301
well, not that you arent right
but am more talking about the "hands over ears lalala" reaction of your post. The market is TELLING you something is wrong!

>>12225302
G-gpro i-s is still over $4
w-w-inning

>>12225319
Thank you, thank you.
It is nice to see an fellow Anon with such discerning taste in threads.

It's my honor to create threads for this fine community.

>>12225310
because the market is like an elastic band and the vix is 33, but its not like permaBears have much money to trade anyway lol

>>12225302
GALT bottomed out today, my man
It's going to bounce very soon

>>12224512
What's really sad about this image is if this market rebounds, and anon's mom really did withdraw from her accounts, she almost guaranteed won't put it back in the market in enough time to gain on the rebound, so she'll have locked in on 15% loss (assuming withdrawal on December 20/21 from the height) to her retirement account.

>>12225441
this is why you hold

>>12225301
>Whats different
People not being able to afford a house in places like Vancouver unless they're making like $150k a year.
The stock market being propped up on QE, low interest rates and massive stock buybacks.
The fact that we're on the tail-end of a huge 10 year bullrun and that stocks are as expensive as they have ever been.
>what's the same?
The fact that a lot of the bad dept instruments that lead up to the 2008 crash still exist in some form of another.
The fact that the system contains tonnes of bad dept, and that dept in general has skyrocketed since 08.

>>12225441
>if this market rebounds
Of course it will fucking rebound

>>12225330
>martingale strategy
>>12225353
>>12225361
>>12225379
hopeless causes. I dont know when the bottom is but I can tell you its not today and its not tomorrow and its not when the vix is at new highs every day. wait for shit to calm down then invest.

>>12225234
>>12225260

Yeah I don't know all that fancy shit I just now if you have a put option and stock price goes up, generally the option price will go down.. but that's not the case here

>>12225474
Not if but when

Britbongs, any ETF recommendations for the long term?

>>12225497
by a leveraged SPX once we crash

>>12225518
why not buy leveraged SP500 as we go down too to get a quality average price

/smg/, what is your honest opinion of President Donald J. Trump?

>>12225552
I want to believe that he is just incompetent and not a total idiot that managed to get elected as the president of the USA, but tbqh he's not helping me

>>12225552
Hes doing a much better job than I ever thought he would and im pissed about his antigun shit lately.

>>12225542
Because that would be retarded, just wait till we're definitely going up and you'll do way better.

>>12225589
don't lie to yourself. he's literally so deranged/senile his handlers can't even stand to be around him anymore, even for the sake of the economy

>>12225310
wait til the VIX calms the fuck down sometime after 2019.

>>12225552
huge scumbag that was the best option available

>>12225483
Of course it's not tomorrow, anon, the market is closed tomorrow!

>>12225589
>>12225620
>muh drumph crazy
>muh drumph dumb
>muh drumph insane

Literally recycled bitches about every "conservative" politician/candidate in the last 20 years.

>>12225552
I enjoy the market since it's easy to predict a jittery one. But he keeps screwing shit up for himself, like.. who the hell bashes their own choice of chair of the Federal Reserve in hope of helping the markets? Obviously people will view it negative as fuck.. it just doesn't make sense. If you want to put tariffs on the second largest market on earth, then you have to keep your own market safe and secure.. which Trump clearly doesn't seem to understand. He still views the chinese as a billion strong army of retarded rice farmers.
BUT! I truly hope he's successful because I don't want chinese overlords and I enjoy the movement of the markets.. but it's clearly not going well for him and the western world right now, mostly because Trump is fighting with most of the western world while fighting a trade war. Everyone knows the reason we crushed China decades ago were because of Europe and US banding together to absolutely smash them down to the ground, but Trump is lonely and he obviously can't do it by himself without taking the US market down with him.

>>12225552
he is crashing the economy, orange retard doesn't know that cutting the taxes for the (((rich))) NEVER works

>>12225675
>who the hell bashes their own choice of chair of the Federal Reserve
either you do or your adversaries across the isle criticize you for it

>>12225552
Jewish puppet

I can't handle it anymore. Selling is more reasonable at this point. Maybe put some money into inverse leveraged ETFs.

>>12225660
trump makes reagan (senile,) and bush (low iq) look tame

>>12225301
If you think we actually "recovered" in 2008 you aren't paying attention.

>>12224498
SHOULDA BOUGHT SOME SNAP

>>12225737
Dont touch that BAC we're at the bigboy support for XLF
youre about to see a MASSIVE bounce

Would you say BRK.B is a good buy at this point or should I wait longer?

>>12225759
I've learned never to trust a bull.

>>12225761
Great buy in this environment, but you could always average down.

>>12225378
No no no
Truely

Thank you

>>12225737
>I can't handle it anymore. Selling is more reasonable at this point. Maybe put some money into inverse leveraged ETFs.
Do what you gotta do to stay 25k senpai

>>12225776
You mean 20K, since selling will fuck me in the ass with taxes, right?
Either way, doesn't matter, I'm sick of everything going down, I still have rent to pay.

so what's /biz/ next step? Hold and lose?

>>12225761
It's a short. aapl has more to fall. transports and financials will be hit.

>>12225791
go all in bitcoin

>>12224692
It has to bounce sometime... r-right? I'm gonna buy some TQQQ on open Wednesday and sell for SQQQ cuz this shit is still going down

Merry Christmas buds

would it be madness to buy a small plot of land insead of a house and just camp on it? I'm kind of tempted honestly.

>>12225799
Which one? Bitcoin private price being suppressed I may get that one.

>>12225813
forgot image

>>12225791
use half to buy altcoins and half to short berkshire hathaway

>>12225823
Can't wait for our capitalist system to completely collapse on itself so that we can be taken over by a different group of corrupt, evil retards.

>>12225788
>i still have rent to pay
you should only be investing what you're saving. make a budget and earmark everything that's necessities (rent/mortgage, car payment, car insurance payments, etc.) and then invest most of what's left over an sock away some money in a high interest savings account for emergencies.

>>12225684
enjoy locking in your losses, my man

>>12225788
>rent
Wtf are you even doing in the stock market without a real estate hedge?

>>12225791
Shorting the trad market while going short term bullish in the crypto market

>>12225847
You sir, are saying some very irresponsible things.

>>12225053
I just want the government to deport all communists via helicopter

>>12225741
Typical partisan cheerleader, aka NPC cumslurper.

>>12225857
Some of us get our inheritance differently than a cash check. And I'm a zoomer, I won't be able to afford a house as long as I live.

>>12225847
You mean having money to live, while the value of the dollar still holds some meaning?

Is crypto a good hedge against the collapsing stock market?

>>12225868
>>12225884
AHHHHHHH THE ENTIRE STONK MARKET IS GOING TO 0
SELL SELL SELL WE'RE ALL GOING TO LOSE EVERYTHING

>>12225884
CONDO. Literally anything is better than being a rent cuck.

Dividends are your frens. Only regret I have is buying Ford early today.

>>12225737
Youre only down 3%?
Relax you big baby.

>>12225552
absolutely BASED. people who think otherwise are just snowflakes who want big govvy to pay for everything

>>12225884
>you have to be a trustfund baby to own a house

Never going to make it.

>>12225927
this

kek, this year I made $9.29 per hour on a 40 hour work week doing absolutely nothing other than investing my money and letting my mutual funds be run by smart people. based passive income

if you're not earning money while you sleep, you'll work until you're dead.

>>12225552
>bump-stock ban with wording allowing ATF to eventually ban all semi-autos
>not actually being tough on immigration in ways that actually matter, and we can't even get the wall

I mean there doesn't seem to be a lot of reason to like him if you're either side.

>>12225240
>TQQQ
Hohohooooooly shit this is so bad.
DESU I think we're only going to get much worse before we get better. How do I short this shit? Should I buy an inverse ETF?

>>12225941
Zoomers find the idea of a “starter” house or condo distasteful for some reason. It’s McMansion or nothing.

>>12225833
That's not fair.
Not all capitalist are "corrupt, evil, retards".

>>12225895
>when your "ironic" pooposts are unironically correct

Guess where we're going, lads.

Got 1500 bucks for Xmas. Buy spy before New year's or spread it out over 6 months?

>>12225981

>>12225998
all in at open on Wednesday.

>>12225998
Just all in on puts

>>12225991
Not the moon, that's for sure.

>>12225158
californians run the internet, m8

>>12225896
What's the average price of a condo in Arizona? I'll think about it.

>>12225896
why is buying better when you are paying the entire house price in interest alone? plus upkeep and lack of moving options without insane closing costs

>>12226014
why cant you just admit that you woulda been better off selling

>>12225991
;_;
me style of trading is becoming less and less effective the lower it goes

what makes matterrs worse is 2014-2016 minuet data is expensive T_T

>>12225876

>>12225952
at a 5% yield this is nearly $400k

if you cant make it on having $400k cash then yeah your a failure

>>12225552
He's a gigantic pain in the ass but was our best choice this last election.

We now have to suffer due to our political elite class being shockingly stupid and corrupt.

Trump needs to quit Twitter. Lots of people need to drop the Trump derangement syndrome.

>>12226089
>does nothing but link guro
>isn't making a killing driving the ES_F to the grave and molesting its corpse
what a boner killer

>>12226089
>why cant you just admit that you woulda been better off capitulating

the fundamentals of the companies I own haven't changed, so I have no reason to sell
i can handle short term losses

Oil is in freefall. Economic depression confirmed.

>>12224465
>>12224490

I was thinking about doing it early december but forgot. I can't decide if I should sell some now or wait for some sort of bounce to move a part of my 401k to Cash. What do you guys think?

>>12226124
Opec won't let that shit slide

>>12226139
They can't do shit if the demand totally ceases.

>>12226146
implying oil demand can cease when everybody drives to work every day

>>12226178
The market is pricing in a huge decline in commercial shipping, rail, and air traffic. Those are the biggest consumers of petroleum.

>>12226087
That doesn’t matter because you will only be in that property for at most 1/3 of the mortgage before you flip it into something better or rent it out and get some other cuck to pay your mortgage. Yeah, mortgage amortization schedules suck but you can either start building a little equity now or just flush that rent check straight down the drain.

>>12226178
People have large strategic reserves of oil so my understanding is it can slide a lot if OPEC countries are going to need to create oil for revenue and demand slides in the future.

>>12226221
Sure buddy

>>12226228
so what your saying is the idea is instead of renting some apartment for 800/month

get a mortgage for 1000/month, 30 year fixed presumably, live tehre for 10 years, then buy another and rent out the old one to cover its mortgage after rent increases are factored in and keep building equity there for free?

>>12226246
That what happens during an economic downturn, in case you're too young to remember.

>>12226123
Dude you don't panic because you're a poorfag like most of us. You have less than a $1000, you could lose 100% and be fine. >>12225737 actually has a reason to worry, he has more than just pocket change
Have some fucking empathy, stop giving shit advice or kill yourself. No one cares about your sub 1k account

>>12226264
You need a huge recession for demand to drop more than opecs cuts.

>>12225759
theres no way to tell when the bounce will happen or if it will take us above our current levels. What is far easier to knwo is that we are going lower.

>>12226278
>Have some fucking empathy, stop giving shit advice or kill yourself

do you think any actual financial advisor would tell him panic selling is a good idea

>>12226307
has any financial adviser ever said to sell? if the answer is no, then you know how shit their advice is.

>>12226307
That's up to him and his financial advisor and him, not some smug faggot who's mommy gave him $1000 to waste on shitty biotech memes
Do you not understand why you're insufferable?
Anon has $25k that he's trying to figure out what to do with in the face of a major economic slump with actual real life consequences
Please die

>>12226325
>if the answer is no, then you know how shit their advice is

some people have a timeframe longer than 5 seconds, my man

>>12226307
Even though I'm the one being talked about here, financial advisors won't ever tell you to sell because their job is based around you making moves and throwing money around. If they said "sell and hold for a year until the market shows real recovery" then you wouldn't be coming to them for a year and they'd be out of a job.

>>12226337
then he shouldn't be talking to anons on 4chan about this, dumbass
go get rejected by some women or something

worst christmas eve ever. is it a meme or is it real. so real that the recession can't even wait until after christmas.

>>12226339
>using an exponential chart
wow your right if I bought all my stocks 100 years ago I'd be a fool to sell

>>12226325
yes. Most follow the yield curve. Tons of financial advisors use it to tell you when to get out like Ken Morraif

>>12226306
Actually theres a bounce 100% of the time when using monthly technical (basic supports and bollingers) for indices, they are just rare.. like now

Fucking drumpf

>>12226261
Or you know, waste your life trying to fix up the place to be "flippable" when all you really want is a place to relax at the end of the day.

>>12226353
>don't talk about stocks
>on a stock market general
Cope harder. Try to do something more useful than post faggot pictures and smug post to people with 25 times the size of your portfolio mommy gave you from her crack whore business
/end of autistic sperg out
FUCK pretentious niggers rub me the wrong way

>>12226368
not saying a bounce wont happen, I'm saying you have no idea at what level it will happen. it would happen at our current level, 2280 or 2200 or fear could drive it even lower. nothing says we need to bounce above our current level.

>>12226339
listen to conventional "wisdom" then. I am staying short until the fed cuts interest rates and not going long until the rate is 0-0.5%.

>>12226349
historically speaking, buying and holding is the strategy that's worked best in the long term
obviously, this isn't the best place to get professional advice about this issue, but I think you knew that from the beginning
i'm just giving you my personal opinion, it's ultimately your decision, obviously

>>12226398
sorry you can't handle a bit of lighthearted banter, my man

>>12226261
>live there 10 years
God no. The average rental property takes 4 years to break even on a mortgage/rent basis. I meant just own the thing for 10 years. You can either pay $800 that you have zero chance of seeing again or you can pay $1000 to have $300 go to equity with that equity building ratio increasing the longer you own the property.

>>12226280
That's the entire fucking point.

>>12225310
>>12225361
A recession is likely in the near future, that will be lower than this.

>>12226457
How do you know? Are you Nostradamus?

What are good dividend giving stocks to buy right now? Any giving over 5%?

>>12226415
>historically speaking, buying and holding is the strategy that's worked best in the long term
Buying good business at good prices and holding. Not buying overpriced shit as the bubble pops and coping.

>>12226404
>not saying a bounce wont happen, I'm saying you have no idea at what level it will happen
Yes I do. I said 100% probability. Every single Index will bounce when its over extended from the bollinger band on the monthly
The actual spread of the "extension" doesnt matter because the worst that can happen is that it bounces back to your entry and you lose nothing
1 0 0 % probability

Just fucken hold dudes. Im down 22k and have no worries because I have three decades before it matters.

>>12226465
You don't need to be an oracle to see the writing on the wall, company's are over leveraged, tight labor market and tariffs are squeezing company profits, higher rates are reducing liquidity and increasing defaults. More generally, capitalism is unstable, it crashes on a regular basis and we're overdue.

>>12226499
same sorta but i can't fathom working 30 more years without kms

>>12226473
>100%
not even factoring in this retardation, I still lose delta on options.

>>12226415
>historically speaking, buying and holding is the strategy that's worked best in the long term
Depends what time frame you mean by long term. 30-40 years? Yeah. 10-15 years? Not necessarily.

>>12226095
>no u the image

You jokers are beyond parody
Thx 4 the (you)s :^)

can someone tell me how to turn off the santa hats?

>>12226470
As far as I know no big players have cut their dividend.

>>12226527
well then stop using leverage like a fool
You can also backtest what I told you and see that Im correct. Look at XLF during the entire 2008 downturn

>>12226511
Centralized meddling creates those bubbles.

>>12226541
install gentoo

>>12224452
>using linear scale for an index that has gone from literally 1 to 2500 throughout its history

>>12226526
If you have good people you are working with it barely feels like work sometimes.

S&P now officially oversold on weekly. Is bull trap bounce time.

>>12226562
wtf is gentoo? last time i just selected a different style but it doesnt work now

>>12225302
sshhhh.. just join in on LCI it's almost time.

>>12225412
>GALT bottomed out today
That wasn't GALT and whatever was "bottoming out" had nothing to do with the market.

>>12226566
what's more important knowing if the price went up 20 points 100 years ago or 200 points today?

>>12225737
Just put everything into LCI

>>12226558
Rates would have been low with or without the Fed, higher accumulation has created an over supply of loanable funds and thus encourages lending.

>>12226278
>empathy
Chill your shit, fundamentals dont change with the size of the account either. 1000 or 1million you shouldnt be risky if youre not prepared to lose money or hold out for the long haul.

>>12226596
If the price went up 20 points 100 years ago, then that'd represent an insane return of at least 150%. If it went up 200 points today, then it represents a return of like 0.10%. The returns matter, not the numbers.

>>12226558
No, it's the (((debt cycle))). Git gud fagt.

>>12226278
>Have some fucking empathy, stop giving shit advice or kill yourself. No one cares about your sub 1k account
Irony

>>12224452
>>12226566
>>12226613
When adjusted for inflation S and P growth is largely linear.

>>12226613
scale aside you see my point

>>12226639
I just think less data will be squished, and thus easier to see some resistence and support levels for the index in recent times since growth has been insane since 2009. For instance, you don't see 2110 on the linear chart as an approximate range where resistence became support.

>>12226554
apply your retarded method to any stock that went to 0 or the Nikkei or the dot com crash. buying for a bounce just because prices are two standard deviations below normal is retarded when you can see the average shifting.

>>12226591
If LCI hits 3.41 I will unironically put $500 in and say you're right
>>12226624
I taste the irony, but at least I have 3k :^)

>>12226684
I specifically said Indice, I understand this doesnt work well with stocks (although it does for most megacaps)
And yes, it works perfectly with Nikkei backtested since 1985 :3

>>12226636
Actually that's a bad chart, my bad.

>>12226706
>"works"
I don't call being underwater for 15 years to get even working.

I am financially ruined

>>12226706
Do you use finviz or trading view for backtesting lolz?

>>1222678
HODL strong my brother. Trump will save us.

Me have never seen SPY 5 freakin dollars below VWAP before

>>12226688
just start now....

>>12226688
>I taste the irony, but at least I have 3k :^)
That's peanuts...

>>12226781
don't worry senpai you'll make it

>>12226688
>at least I have 3k

3k that you have allocated in 3x leveraged ETFs

>>12226802
I agree I am a poorfag
LCI is barting hard. I'm not going to start until barts head is finished.

>>12226757
that has nothing to do with the trading strategy I decribed lol. You arent buying for a total reversal in Trend. Its a reversion, aka a BOUNCE which is what this is about.

>>12226783
tradingview

>>12225053
"socialism" in USA will be forced consumption of private goods & services. Obamacare was the template.

If you're under 45 this is a great time to buy in. If you have no money to buy then hold. If you're old then hopefully you are in defensive positions or willing to keep working.

It's interesting to watch but none of this should cause you anymore than minor heartburn. Keep your perspective straight.

>>12226798
>pls don't repost to other websites

why would you ignore that poor tumblrite's request
oy vey you're stealing xir art

>>12226829
because they are too retarded to work out how to do it normally

>>12225053
>implying socialism in America will be anything except the mutts blaming the new American kulaks, white people, and killing them all, then wondering why the country has gone to shit.

What if instead of doing this shit with every country, we just killed Jews.

>>12226816
WRONG. It's all in SPYD, JPM and DIS. Luckily I took the loss on UDOW two weeks ago
Also I was wrong for yelling at you, I apologize. There is nothing wrong with you, I'm just extremely autistic. I promise not to do it again!

>>12226845
be good or be rich nigga

>>12226829
I'd like to think we've moved past that framework

>>12226278
Empathy is for faggot trannies

>>12226820
Island bottom reversal...

With Socialism now viewed positively and Capitalism holding a negative public view how far left will a market crash push the nation?

NEW THREAD!
Yep, its using the nail onahole pic

>>12226863
>>12226863
>>12226863
>>12226863

>>12226821
and being outside a bollinger band does not tell you when a stock will bounce or how high. Technicals can get ignored when theres fear. I thought there would be a bounce today on technicals. I hedged with calls and closed them as soon as I did not see what I expected.

>>12226849
don't worry, I don't take posts on 4chan seriously
I know that the way people interact on 4chan isn't
fully indicative of their real emotions or opinions, most of the time

>>12226861
>buy LCI at 3.50
>it actually goes to 15
>end with $2500
>allocate it all to responsible investments and F
C-could LCI guy help me make it??

>>12226846
>>12226859
It has nothing to do with competence or ability to form policy.

The Tumblr socialists are the shock troops of the oligarchs. There will be millions marching in the streets for forced public consumption of private monopolies.

>>12226847
Kulaks were peasants, and represented a rival class power to the proletariat. There's no such rival in america, and there's no industry so underdeveloped it relies on a bunch of atomized producers. It's a mistake to see the kulaks as merely an ideological scapegoat. Both the kulaks and the soviet government were largely rational actors, it was simply rational that they be enemies.

Killing the jews, however, would be purely ideological performance.

>>12226924
>tumblr socialists crafted obamacare
Anon, I...

>>12226579

Just to put this in perspective over the last 20 years, this is currently the worst month for the S&P since October 2008. -15.75% in one month. October '08 at its worst was -28% but rebounded pretty hard up to -16% going in to November.

This is why I'm calling bounce time. Market is overextended to the downside in a way that is completely unsustainable in a single move. It will have to retrace back upwards some, cool off RSI levels, before it can set up for fresh lows on the falling trend. Eventual bottom call as far I'm concerned is still 2250-2300 range. Right on the '08 bottom - present trend line.

>>12226891
After F breaks through $7 I think the first big spike will large volume would be a good time to start scaling in

Merry Fuckin Christmas!