/biz/ - Business & Finance

>>12278339
Go All In Bitcoin now

HMNY and Bitcoin for 2019

I have a question. I am a brainlet so please be patient. Is it possible for OTM options to increase in value on the day of expiry?

Hey Faggots,

My name is Jerome, and I hate every single one of you. All of you are poor, retarded, degenerates who spend every second of their day looking at stupid ass charts. You are everything bad in the the economy. Honestly, have any of you ever gotten any profits? I mean, I guess it's fun making fun of people because of their gambling addictions on weekly options and chinese scam stocks, but you all take to a whole new level. This is even worse than buying BGFV at $9.50.

Don't be a stranger. Just hit me with your best shorts. I'm pretty much perfect. I am Chair of the Federal Reserve of the United States, and hand picked by President Trump. What investments do you make, other than "buying the LCI dip because of muh share structure and epic short squeeze"? I also get mad gains, and have a banging hot interest rate (I just did some rape hikes; Shit was SO crash). You are all faggots who should just liquidate your portfolios and apply for a job at McDonald's. Thanks for listening.

Pic Related: It's me and my FED Funds Rate.

New Year, New Golden Bull

>>12278351
>BTC
>nao
dude that shit is gonna accumulate for like 3 years before going substantially up again
give it up
at the very least theres no fucking rush getting back in
just buy occasionally when everyone on /biz/ is trying to kill themselves

>>12278368
Sure if they become itm by eod.

last week was weird. how's /smg/'s sentiment regarding next week?

If lucky, btc eventually cathes up with gold and silver(gold on steroids) when they start to rise, but then you could choose gold 2x or something like that to have similar or better returns

Will this continue forever?

>>12278414
maybe who knows. nasdaq has tendency there are few big dogs that sky rocket then they collapse, then new rise. those companies also take big piece of spy when they grow enough

>>12278405
Bull. Golden.

>>12278414
Yes
Its the new technological era after all

>>12278472
a new paradigm if you will

>>12278414
Nothing lasts forever
Now watch this

>>12278405
Blood

>>12278482
can you post your feet?

g-guys...the 13wk/8wk spread became negative

>>12278405
not overly good

>>12278519
H-h-ha w-what?
Where are you viewing this??
Post source plz

>>12278568
https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=billrates

13 week bill yields less than the 8 week and has the same yield as the 4 week bill

>>12278582
EVERYTHING IS FINE STOP POSTING THIS

>>12278414
We still have 15+ years before we bottom out on silicon transistor technology.

>>12278598
Ok here's some positive news
https://twitter.com/realDonaldTrump/status/1079045134061371392

>>12278610
Orange man good

Is CGA a good buy now?

https://youtu.be/rcp3tZ3XFyQ

>>12278660
pil colin fun guy has like 2 good songs yet famous :) very pneumatic music :)

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

>>12278660
I'm going to swing it with a pretty tight stop loss and a target price of .7

monday im going long DIS, BAC, COP, each 15% of my portfolio.

Will sell once the SP500 hits 2600 if the fundamental picture stays the same

How are you guys not absolute panic mode given the recent volatility

>>12278718
because emotion is death

>>12278718
the teachings of Naruto give me strength

>>12278718
Because my hands are made of adamantium.

Lurking only a few days with minimal knowledge on the market and crypto. I'm a hopeless wagie with $1,000 ready to invest.

What should I buy? Is Chain link just a meme?

>>12278718
If you've already been trading shit stocks for a while, market starting to behave like a shit stock is not such a shocker. I feel right at home with this after trading battery metal bubble and crypto last year and the dude weed for the last three.

>>12278804
You managed to pick the only thread here that isn't about crypto.

>>12278718
I haven't looked at my portfolio since early 2018. I have DRIP on all my registered accounts. I wrote a simple program that auto invests new money I contribute using my broker's API. These purchases rebalance my account back to my proper asset allocation. I only check my balance once a year to do my yearly manual rebalance during tax time. There is no reason to check your portfolio more than once a year.

>>12278804
you're already dead, lurk and read up before pissing your money away FOMOing into a meme

The board of Tesla now helps control Elon's personal Twitter account
It's over for one of the world's richest incel
https://www.msn.com/en-us/money/companies/twitter-restrictions-on-elon-musk-take-hold-but-is-anyone-at-tesla-willing-to-reel-him-in/ar-BBRuOBm?ocid=spartandhp

>>12278832
What does DRIP mean

>>12278718
I just buy more, i never sell.

>>12278842
https://www.investopedia.com/terms/d/dividendreinvestmentplan.asp

>>12278718
This volatility is nothing. If you trade oil, then you get desensitized to ±10% moves

2019 is Year of the Pig in the zodiac

Year of the pig is known to post the Biggest bullruns of all time such as 1995 and 1935, never had a loss, and an average return of over 20%.
I can see the future... I can see time

>>12278837
Does that mean no more animeposting from based Elon? That makes me quite sad

>>12278940
Do Chinese 'years' even line up with fiscal quarters and the western 'year'/?

>>12278956
no their new year is in like feb

>>12278837
super boring. just put a disclaimer dont take my tweets 2 seriously, i might be drunk/xanaxed when tweeting. great tweeting! tesla unironically one of the few nasdaq to survive sell off

https://www.youtube.com/watch?v=1-SF6pgnpjI&list=PLJtEK_nPQ-4OYak7pCnNT9YtCOA3p-S8A&index=20

>>12279022
so fun #2 or #1 director of all time u give just shitty camera and lightning makes fantastic music video! when bay was a kid teacher gave an assignement to take natural photos, would not believe he took the photos himself not from some art gallery, were out of this world. this is called "born talent" thus #1 ranked director now at 55 and 1 billion earned

>>12278964
so 30% correction from now until feb, then another bull run

I'm gonna lose 40% on Monday, aren't I?

>>12279108
ngl im betting on the absolute opposite

>>12279128
r u short?

>>12278837

Bummer. Party time is over.

>>12278837
>Musk took the opportunity on "60 Minutes" to toss another taunt: "I do not respect the SEC," he said. "I do not respect them."

>Exactly why Musk lacks respect for the SEC is unclear. If he was asked to explain that in the interview, "60 Minutes" didn't broadcast it.

MSN pretending they don't know why Elon doesn't like the SEC. Cute. Nobody likes the SEC. Even the SEC don't like the SEC. Investors and CEOs don't like them because they're often ineffective at enforcing the rules, SEC employees don't like the SEC because their job is, to be fair, pretty well impossible.

Campbells soup Has new CEO
And low and Behold its PINNACLE foods ex ceo before he sold to CONARGA. like an eternal circle of Justing each other

>>12278832
What broker and language of API if you don't mind, just curious.

oh yea
are we fuking watching die hard tonight or what?

>>12278405
Agressive up and downs are always a bad sign, don't know why retards here are all happy.

>>12279378
i mean a lot of us trade short term in addition to long holds (and some are exclusively short term), so its kinda fun to have some vol desu

>>12279341
Deck the Halls

>>12279378

Volatility is good for swing trading.

>>12279378
Good time to buy and hold for long term imo.

https://fred.stlouisfed.org/series/HTRUCKSSA

More evidence for the bear case. Heavy truck sales have peaked. Once sales pull back significantly we are looking at a major retail slowdown. Lower gdp, aka recession.

>>12279590
well, trucking companies are trading close to 5 year lows, so I'd say priced in

>>12278707
Why not swing to the moon?
https://youtu.be/VgSZU9Fv95o

>>12279827

That deal will get done. Both sides want the thing, neither want extended trade war.

>>12279827
I'll hold it as high as it goes but if it starts going wobly I'm not going to become the next LCI guy

>>12279657
Presumably the slowdown would hit automobile makers not trucking companies

>>12279865
Im worried about your chink stock bro
According to the chart it goes down forever, this doesnt look like a good stock. You want stocks that go up

>>12279881
nothing goes down for ever and I have majic meme markers that suggest this is the point of temporary inflection

>>12279827
>NEW!!! Please RATE The Video And Leave COMMENTS. 4 ALL those people who like VEGETA are going to LOVE this video. VEGETAThis is a second VEGETA TRIBUTE I Made and i dont nkow why since i like goku more but i got to give my respects to vegeta because he was a soldier soo WATCH THE VIDEO IT IS REALLY GOOD!!!!!!!Tell me how i did on the video. (I IN NOW WAY SHAPE OR FORM OWN THIS SONG, YOUTUBE DONT TAKE MY VID DOWN, I DONT OWN THE LINKIN PARK SONG IN THE VIDEO....Thank You, now enjoy.. : ] ) this is purely fanmade, i do not own dragonball, dragonball z, or dragonball gt. they are owned my FUNimation, fuji tv, and akyra toriyama.

>>12279912
>nothing goes down for ever
this is true, it cant go down if it hits zero

>>12280004
It moons at zero.

>>12279475
NO

>>12280010
just put in a limit order for ∞ shares at $0.00. see you fags in the upper echelons of society

Buy high sell low forever biz. Invest in meme stock. Just suck buffet. Send him dollars in the mail. Buy some wacky top 400 alt coin. Scrap your grannies antique silverspoon for a couple fiat shekels. Shine on you crazy autist.

>>12280036
>just put in a limit order for ∞ shares at $0.00. see you fags in the upper echelons of society

Shut up! Don't give away the secrets.

>>12280036
This guy gets it

>>12280036
>buy infinite shares at 0
>any increase would be an infinite%
>total gains = infinite*infinite
>0 potential loss
we've cracked the code

So, we moon now for at least 2020, right?

You guys are all idiots if it hits $0.00, it'll probably still have a value of less than a penny per share or be delisted so you couldn't trade it.

>>12280069
>He doesn't Ask Jeeves

>>12280108
thank you for enlightening us
i really thought that that would work

>>12280108
speaking of which...
DRUS

picrel
its me and one of my bitches on the DRUScruise

>>12280118
>doesn't got to the library
fucking zoomers

So I'm a poorfag with a 4 figure account. I'm planning on signing up for RH gold and dumping all my margin money into SPYD once i think we've hit bottom. Is this stupid?

>>12280490
Probably. But that doesn't mean it won't work.

Fuck this shit i’m ready to watch red and green lines move up and down for 7 hours agAin. Maximum boomer

>>12280490

Not as stupid as putting it into bitcoin so there’s that

>>12280490
i think VYM would be a better high-div etf. but also im dum, so take that with a grain of salt

>>12280608
>High yield
>2.8%

How do these faggots get away with calling that a "high-yield" investment?

>>12280622
weird, robinhood shows it at 3.15, which is closer to spyd, which i thought would be a good tradeoff for more growth. but google and yahoo show 2.8

>>12280490
about as stupid as thinking you, as a self admitted beginner, will know where the bottom is

establish a buy range, when it dips into it, buy some

>>12280639
also, why the fuck does robinhood not list expense ratio?

>>12280640
I didn't say beginner i said poorfag
>>12280569
I actually sold bitcoin at the top last year and haven't bought back in yet
>>12280500
What's your strategy?

>>12280639
Robinhood's Div Yield are always fucked

>>12280663
i gotcha
still, stocks are very different than crypto
and even in crypto its never wise to go all in at once
learn wyckoff accumulation/distribution patterns and follow in the big boys wake. buy some (not all) when you see dips

>>12280667
and whats with google and yahoo showing different div yields for spyd? who the fuck do i trust?

>>12280699
High div ETFs fluctuate their divvys alot. Just look at their payout history.
>>12280667
Right. So should i go in with 50% and then cost average down?

>>12280734
Meant for>>12280695

>>12280699
Just do the math yourself if you're that worried. Yield is based on price and payout, so it depends on what price they're using and what dividend payout schedule they're using; some will only record the past TTM payout while others will adjust for projected future payouts (like they should).

>>12280663
Pic related is my entire portfolio that i posted the other day. My strategy is high yield. And not this 2-3% gay shit, real yield.

>>12280734
i mean however you want
but if youre dollar cost avging then its better to have extra powder than not. the market almost never does what you expect it to. at least not immediatly. theres a lot of players at the table if you get what i mean. they call the shots. and their positions are large, so when theyre getting in, it takes time

>>12280811
looks pretty gay

>>12280980
Thanks bro. I live off of it. Any constructive criticism to offer?

>>12280987
what kinda capital allows you to live off it? how old are you?

>>12281011
I am 28. What do you mean "what kinda capital"? I just put myself on the right side of transactions in life. Took some small money, made it into a stack with options, then milk the cash cow.

>>12281038
As in what is your portfolio worth in total

>>12281078
It literally says on the portfolio i posted

>Portfolio Size (12/27/18): $98,744.80
>Total 2018 Dividends: $8,624.77

>>12281098
So you live off $8.6k/year?

>>12281115
Clearly yes. Are you coherent right now broski?

>>12281115
The biggest key to dropping my expenses is my living situation. I rent a house for $500/month because family owns it. I rent out my spare bedroom (and access to a house obviously) for $400. I pay utilities, so we are both getting a good deal.

I'm goin for the night broski. Nice talk, laters

Monday will be the last trading day of year. Tallying up all your actualized gains and losses, how did you guys do? My ROI this year was just over 30%

Imagine caring about American politics.

>>12281288
I only care about politics as it pertains to the economy

>>12280811
So basically your own high yield ETF? What's the advantage of that over SPYD?>>12280882
Ok thanks for the advice man

>>12281098
Yikes

>>12281370
im sure he accumulates these things over time desu
u should listen to div senpai over me anyways

It's Saturday night! Is comfy hosting movie night tonite? I know he didn't last week and I was unavailable. Anyone wanna watch something?

>>12281399
DIE
HARD

>>12281399
Barbie Mermaidtopia

>>12281553
Swan Lake was better

>>12281421
I can't find it on youtube, dailymotion. or vimeo ;_;
It can be on google drive too if you have a link to a copy. I think comfy does (unless that's why he didn't show it last week), if he shows up he can link it to me. I could torrent it, but it takes six hours to upload and process on drive so we don't have time
>>12281553
Ratsu pls. It is available tho
Today I've found Split (2016) which I haven't seen, and The Prime of Miss Jean Brodie (1969) which I love but you guys would find very boring. The book had a part about how Franco was a great guy and the fascists should have won the spanish civil war lmao, think they omitted that from the film.

>>12281399
i honestly dont give a fuck what we watch so long as nikkei doesnt choose desu senpai

>>12281399
OH YEA

MILTON FRIEDMAN LECTURES ON MONETARY POLICY

>>12281641
>>12281644
Oh fuck! I've found a full version of They Live (1988)! We're watching that, no ifs ands or butts
Movie night starts at 9:00 Mountain (Chad) time, 11:00 EST. 17 minutes till showtime!

>>12281641
Split is shit, I've seen it

>>12281699
where?

>>12281719

>>12281739
WRONG LINK
That's comfy's!
WRONG LINK
>>12281719
CORRECT LINK 5 mins to showtime

my favorite smg meme is when teh profit asks to see the lecture and gets Shunned

>>12281782
everyone should see it tho
its informative and fun

How do I learn to live in a system that is completely malevolent towards me and hates me.

I'm watching the ultimate fightings and oil wrestling this evening. There is a Litecoin logo on the mat. Weird. Also sponsored by Air Asia? Very weird.

>>12281854
Move out of california.

>>12281885
>implying the system exists just in California
I do wish I went into agriculture in college rather than fuckin' computer science. The more I live in the city the more I despise it and I realize the big city turns you insane.

>>12281897
If it's of any comfort, my friend from undergrad who double majored math and CS is a farmer now. He's from a farmer family though.

>>12282050
I have farmer family but I doubt they'd let me in. They're all major cucks, too.

>>12281897
THEY LIVE

>>12281801
No specifically for this
-----
also, This movie was so bad. Not a single part made sense. Sundown of Saturn, what were you thinking? It was probably the worst Ive ever seen. 2 thumbs down

>>12282340
lol stop getting so hammered and youll understand senpai

>>12282341
What about baked and tacobelled?

>>12282347
i mean its a fuckn action movie ffs

also
escape from NY

>>12282340
it's not supposed to make sense
it's like Slither or The Room, you're supposed to just experience it and appreciate it for the enjoyable pile of shit it is

>>12282340
Augh nikki there were like four plot points total! He got the gwasses, he saw the aliens, he got the blackman, they killed the aliens! What is there to understand?

>>12282391
>>12282341
its probably because I went to the bathroom during the 2 key moments. It was like watching a blank screen basically

>>12282422
still a sweet action flick even w out plot tho

wat r da futures lookin like?

>>12282878

closed but i have word the lean hogs are fit and muscular

>>12282899
When do they open?

>>12282959

tomorrow

>>12282878
Flat

bump

>>12282340
This
Me sleeped half way through
The 20 min fight scene did it

thinking of buying an options course. has anyone looked into ITPM (anton kreil) online courses? i feel like with so much volatility im missing out on alot of potential gains

>>12284296
>paying to learn
wow if only you had unlimited free information at your finger tips

>>12284307
dont be like that now m8, i was hoping someone had heard of it before

Loving this OP

>>12284296
anton levay is a satanist senpai
you shouldnt be learning from him anyways

look for the book
>Options, Futures and Other Derivatives by John C. Hull
on libgen.io

read through some of the basic option positions. learn the maths. cant stress that enough. get to know all of the greeks, as each one can be abused for profit.

look into how to use distribution curves in order to decide strikes. you should almost never be placing strikes more than one sigma away from current price.

another handy tip:
>debit spreads are your god
if youre making a purely directional bet, try and set up a debit spread instead of just simply using singular long options contracts. youll still be able to get some awesome leverage, but youll also shield yourself from taking 100% losses all the fucking time. not only that, since vol is already high, youll be protected from vega somewhat

i know people piss on papertrading but you should with options until you are comfortable w them imo

>>12284424
It really is the best thread maker I've ever seen. 10/10 OP keep up the good work

>>12284672
>>12284424
Ty ty it am of gift

Anyone know some bullish research/ dd on Twitter (TWTR) ?
Am needing a counter point to
https://citronresearch.com/wp-content/uploads/2018/12/Twitter-has-become-the-Harvey-Weinstein-of-Social-Media.pdf

>>12285313
earnings out pacing expectations
https://www.nasdaq.com/earnings/report/twtr

>>12285313
ad revenue increased massively this year and was added to the sp500 this year

>>12285313
that entire article is them bitching about racism and sexism, and the only mention of the company's fundamentals itself is a cursory glance at the company's PE and comparing it to its peers
absolutely embarrassing, worse analysis than a seekingalpha article
pathetic

>>12285511
>>12285313
definitely not biased at all, this sounds like a very trustworthy source of information

>>12285535
>activist short seller
the audacity of these bearfaggots

>>12285572
REEEE SELL TWITTER IT'S HATEFUL AND SEXIST AND RACIST

>>12278472
>>12278481
We may correct the charts for some time but we are definitely in a new era of tech.

Im giving myself a job title, its called Activist Golden Bull

>>12285572
>shorts you

>>12285622
I'm a change-agent

>>12285616
Baka -_-;
That report directly caused TWTR to drop 10%+

You shouldnt underestimate the power of anti-hate

>>12285428
>>12285350
Pls do me dd for me
Am in need of .pdf or something that makes compelling case and narrative

>>12285771
Im not doing your homework

is CGA a buy or a scam?

>>12285805
yea

>>12285827
it's going sideways. volume seems to be increasing

>>12285793
DO HOMEWORK !!!
https://tenor.com/view/bleach-shaking-crying-gif-6141196

>>12285885
cant, I have my own thesis to make today
-will CAG and Campbells drop forever?
-will large specs squeeze out the 250 SPY shorts built up last week tommrow?

>>12285805
really hard to say desu
it looks like it might be accumulation, which would make this part rn be something of a "spring", but if it IS a spring, then i would expect a much more dramatic sell off, and also a much more dramatic volume spike on the down days instead of this piss weak shit.

but instead we see quite the opposite, with the volume peaks all lining up with the top of the range. no doubt it will bounce at least somewhat, but i dont really see it (from a solely technical POV) bouncing higher than like 70-75
if i saw a break and hold above that resistance area id buy it, but not before

but then, i also know nothing about the company. whats the catalyst?

>>12286068
i dont think we will see the squeeze till after new years. cant see why theyd bother to mess up their tax write offs desu. suits them better to wait a day

>>12286116
there was that weekend trump tweet about "le trade deal"
It might be enough to boost it
Also Large specs did infact squeeze out the smalls for the Russell cause they shorted late on the COT. COt hasnt updated today yet I think so Ill wait for that

>>12286168
yea at this point im doing literally nothing until i get a confirmation. theres too much that could change in literally a day, and ive never been one to trade off of weekend tweets.

>>12286116
this matches my analysis only thing I'd add is the macd is providing light confirmation that we are at the point of inflection. But like you I'm waiting for confirmation on monday

So GALT.

I know you are on stocktwits Pendulum. What do you make of this bickering shit storm currently going on?

P A I N

>>12286593
I don't really care what gets posted on the GALT stocktwits, but a lot of the people on there are 50-60 year old boomers, and I find it fun to banter on the internet with people that old
I'm hodling GALT because of the science and waiting for them to announce their phase 3 NASH trial design or a partnership/BO
The fact that they've been silent for so long makes me think something along the lines of the latter is coming

>>12286573
so does this mean up or down

>>12286699
possibly up for a bit before it goes back down

Also waiting for confirmation on the broader markets/large caps for reversal here. We've had the oversold bounce, S&P break out of the short term falling channel. I want to see some tightening range in price action followed by a decent volume push above 2550. At that point i'll start letting gains ride a bit longer. Currently, trading the dude weed, i am taking profits off the table on every significant spike upwards as gains haven't been holding for more than 1-4 days since September.

Also setting up a high divi (non weed) side to my portfolio soon. Need confirmation for that too.

>>12286692
Oh my gosh that floppy run

the stock market can crash like crypto or it can return to normal

is there any other alternative to stocks outside of crypto?

Undersold on the monthly technicals for the first time since 1974
Probably going to start adding to position again. I understand pinnacle sales did not go as planned

>>12286984
Bonds and commodities. That's what I'm looking at. Thinking of buying silver at the next dip, and will be loading up two year treasuries after liquidating my TIPS mutual fund.

>>12286984
You can buy bonds and make little to no money as interest rates rise
Or you can buy strong American Stocks like a man and reap early retirement

>>12278405
Raep

>>12287017
>interest rates
>rising
nice joke.

Even if you believed this, there's floating rate investment vehicles out there.

>>12287008
>>12287017
Bonds were never an alternative.
Let's think about something that can kill stocks in the next 6-12 months. Silver is an option but I don't see why anyone would buy it instead of stocks

>>12287042
Commodities are a scam that dont beat inflation

Buy stocks, you dont have a choice

>>12287042
A two year bond with a 2.8% interest rate will beat stocks real return in one year from today. Screencap this.

If there is no alternative to buy something more valuable than stocks then why would anybody sell stocks to buy something else or sell them to hold money?

>>12287062
>2.8% interest rate
but it's lower than the real inflation

>>12286984

Sure. Commodities, futures, and forex.

>>12287071
Dumb question
People sell stocks to buy other stocks
Money not held goes to bonds. Interest rates are rising, so bonds will be forced down. All money goes to stocks

>>12287062
>stocks

there are a lot of different stocks available to buy
you can buy HMNY and lose everything, or you can buy some biotech company that gets bought out and make a 1000% return
by "stocks", do you mean index funds like SPY and VOO

>>12287071
Because they are trading the volatility of stocks.

>>12287071
Because stocks are over-valued, this is how crashes happen.\

>>12287086
Money leaving the stock market generally en mass is something that happens. Money goes to stock eventually, but people will take their money out to minimize losses.

>>12287079
Inflation greatly decreases in a recession. Even then, you are guaranteed to beat inflation if you get TIPS.

>>12287087
Index funds essentially.

Now is a great time to buy stocks. We're down quite a ways from the all time high.

Depends on if you think we are going to crash. In which case you could just wait and then buy stocks.

I don't think we are going to crash. But people will always say we are going to. They do every day. They intensify when shit looks bad, like the last few months.

It's all according to your own risk tolerance. I'm personally never buying bonds til I'm 50.

>>12287107
>Money leaving the stock market generally en mass is something that happens

Banks institutions do spreads and Specifically generate fixed income from the 10 year. Retail slime does hold cash though

>>12287107
>Because stocks are over-valued
overvalued compared to what? is US dollar undervalued then?

>>12287200
A liquidity crisis can throw a lot of well laid plans by banks into the crapper.

>>12287208
A general commodity market means you can compare prices of one thing with everything. Stocks are over valued compared to all the normal things we buy to sustain ourselves, to milk, to beef to computers and microwaves and hydrogen peroxide.

>>12278405
Small increase for the week, earnings will truly tell the health of the stock market starting in the middle of January.

>>12287208
>overvalued compared to what?

P/E ratios too high relative to EPS, sector depending. However, currently that isn't really the case after the deep dive we just had. Growth stocks generally had a slight slowing of revenue increases in the last wave of earnings reports but not bad (yet). The next round of earnings will be very interesting to see. Particularly retail large caps like your Amazon and Wally World. Apparently holiday sales this year were great.

>>12279378
Volatility is good for short term trading.

>>12280490
Grab oil Stocks

>>12287243
>A liquidity crisis
Thats a big 'what if?'


>>12287277
p/e ratios are only 'high' (not bubble) because the average EPS has been in a massive uptrend since the tax cuts. This doesnt mean stocks are overvalued especially since rising interest rates TANKED half the stocks in the etire world including most on the SP500. Energy, pharm, consumers, all crashed and severely 'undervalued'

In other words its a balanced market, even before the correction

>>12287293
This is part of the problem I have with market doomsayers. We dropped 20% and that doesn't seem to get factored into a new assessment of whether stocks are overvalued. They just keep saying it.

>>12279409
>>12279479
>>12279517
>>12287283
>yea fuck the economy as long as I get some peanuts in the process
You are cancer

>>12287323
because people think we're more than 20% over valued

>>12287323
Yeah, after this drop the nasdaq P/e is around 19, same as SPX
in the bubble it 40 - 100

Not that I put too much importance on average p/e, but even if it was 22-25 it would still make sense given the earnings growth

>>12287336
I guess what I'm saying is that it would be nice to see numbers as to why it's overvalued rather than flat statements.

>>12287323

True. I see that a lot in the dude weed. Whole sector retraces 60% off peak and the bear mantra remains "overhyped, overvalued". The dude weed is also notorious for violent short squeezes so apparently the bears do have their money where their mouth is on that.

>>12287330

Speaking for myself, I don't have nearly enough skin in the game to make a difference to the national/international economy with my trading. Also, if I didn't trade I'd be one backstab at wageslavery away from going on the dole and that ain't good for anybody.

>>12287357
?
There are a lot of resources online. You just have to bing it. Of course someone isn't gonna quote his whole list of reasons off the cuff, faggot.

>>12287323
The stock market is forward facing. It's supposed to take into account future earnings. But it's impossible to price in a recession until it's about to happen. A number on just how overvalued these stocks are is impossible given the uncertainty about how severe a possible recession might be.

>>12287395
>bing
avin a laf

>>12287395
Lots of people quote their reasons off the cuff. We're on a forum, where such things can be expressed, my dude.

>>12287421

...Bing is useful for certain subjects of interest.

>>12287432
you're right I'll give you that

>>12287357
Because some market participants are perdicting earnings will go down.

>>12287422
>Lots of people do it, that means everyone does it!
Sometimes they are lazy or they think who they are talking to knows already everything they know. That's why you should research online and then either call them stupid or agree with them. Most people are too bothered to spoonfeed someone, but let me try:
Buffet indicator
Shiller P/E
Years of fucking QE and low interest.

>>12287421
Glad I made you kek.

>>12286068
Did smolspecs really short that hard?

Am seeing large and smols longing equally hard on friday

The only real option spike am seeing are puts for sub 200 SPY late 2019

Hey serious q here

I usually trade JNUG and JDST on basis of how gold is doing in the market currently

Any advice for a noobie day trader?

Any literature would be great advice too.

>>12287632
make a set of rules before you trade, and never break them or you'll fail

aka always sell you winners where you're up 20%, don't try to be greedy and hold them

>>12287677
Ty friend

>>12287632
>Any advice for a noobie day trader?

Surely. Keep track of your trades and write a little note with each explaining why you made the buy or sell and whether it was successful or unsuccessful + reason you think why. It's handy to look back at these notes when fine tuning your strategy. Stick to strategy is golden rule, but don't hesitate to change a piece of your strategy if you have statistically good evidence the current one is flawed in some way.

>>12287629
I just realized the COT wont update this week because it screencaps tuesdays and that was Christmas day
Small specs in the dark

>>12287749

Also I have found my strategy has simplified a good deal over the last four years I've been swing trading. There was a period where I was using a mess of indicators and all sorts of nonsense. Over time I cut most of that shit out as it just added conflicting signals over the price action and sometimes lead me in to bad trades I wouldn't have taken if some set of wavy lines hadn't crossed in a particular way.

Nowadays I keep it bare bones; support, resistance, trend, RSI, and double check moving averages in case there is anything meaningful happening between the long and short average. Whole thing can be boiled down to: buy at support, stop loss below support, take profit at resistance, trailing stop loss if I want to be greedy and let it ride beyond a ways + average up if key resistances break.

If you use trend lines, learn the standard way to draw them and don't get too creative. Trend lines are most useful when you're using essentially the same ones as everyone else is.

>>12278339
any opinions on AGEN? pretty cheap right now, closed a deal with GILD too

Non-dude weed swing trade possibilities for this week I'm eyeing up.

First is the Goose. Oversold. Long term double bottom. Probably going to slip the tip in right away tomorrow morning with a few bucks and stop loss below the double bottom support. Will add more to position if it confirms bullish reversal.

>>12288183

Second we have Altria. I'm going to be a contrarian to the long term trend if I enter this one. It does have a pretty well established trading range with good upside for long swings inside the lines. Looking for break out of the short term (steep) falling trend line. No entry until confirmation on this one. Limited resistance until mid-$50 range.

>>12288183
agree
>>12288205
eh I'd say you've missed the boat on this one if anything I'd be looking to short it

Still bearish on Canadian dude weed but it's getting close to decision time on whether it wants to continue for long term bearish and break bullish out of this recent falling wedge. Will be watching and waiting. No position at this time and no plans to enter this week.

Pic related is the ETF. It's mostly the large Canadian LPs plus some other stuff like GW Pharma and Scott's Miracle Grow.

>>12288243
>eh I'd say you've missed the boat on this one if anything I'd be looking to short it

I'm only looking for the range up to ~$61. The reason for my interest is Altria has been making moves to diversify their business in to weed and vaporizers recently. That could put them a cut above their big tobacco competitors in this overall downwards trend.

>>12288263
if you've got DD reasons to think it will rise I won't argue but just from the meme lines I'm not feeling it.

CASH MASTER RACE CHECKING IN

WE BEAR

>>12278396
>just buy occasionally when everyone on /biz/ is trying to kill themselves
unironically the best move w crypto lol. fungible chains like monero gonna smash btc's anus longterm though mark my words
LONG DOLLAR GENERAL, THE WEALTH INEQUALITY WILL NEVER STOP GROWING

>>12288263
Competitor here
BTI ftw

>>12288318
>BTI

Holy moly this thing got beat up worse in recent market dump than it did in 2008. Way oversold on weekly and monthly. Did they fuck something up or was this just dumping with the rest of the market?

>>12288316
Long Dollar General is honestly my only long stock position rn.

>>12288379
My hunch is because large specs expect a dividend cut. However they did not cut in the most recent one given out last thursday
MO and PM are ex-Dogs of the DOW and wont cut so its safer for the interest rates rising

Personally I think BTI has better brands and the only Brands I see non-boomers using, but they might have changed since I dont go out in public anymore kek

How do you all find out what the ex-dividend date is for a business? If not the ex-dividend date, at least the date for stockholder of record. Is there an SEC form for that?

futures opening positive
DJIA +155
S&P +16

Are there markets open tomorrow?

>>12288464
Yeah...why wouldn't there be?
Even Tuesday they are open.

I need a real job instead of my wageslave bullshit.

>>12288464
US markets open all day tomorrow, closed on Tuesday.

>>12288479
try to get your foot in the door at a big company. i've seen admin assistants get project mgmt jobs. you can work your way up if you're decent.

>>12288566
>implying I'm decent

DAMNIT TRUMP! TWEET THIS SHIT BEFORE THE MARKET CLOSE

>>12278339
Ratsu is definitely not stupid

>>12278371
That's some great pasta. Well meme'd.

>>12278379
The golden bull is overdue for starting up again. The 2yr-10yr never properly inverted yet.

>>12278414
yes
What is inflation? What is money printing?
Check out Venezuela's stock market under hyperinflation.

>>12278482
Fuck. I love that chick that RKG posts ssoooo much.
The smugness is palpable.

>>12281739
DAMMIT. I missed movie night again

>>12284296
I'm back to never touching options again.

>>12288572
if you cant cut it there then be a man and join French Foreign Legion if you can make it pass the first yr your good or if your american do a 3yr tour

>>12288635

wut you want the donal to tweet?

I'm loving Amazon so far.
I'm under the impression that I'm absolutely kicking ass, but maybe that's just how the managers pressure you to do more

So, anyone know what forms that companies have to file with the SEC to announce dividends and stockholder of record dates?

>>12288669
I want him to tweet this shit about China earlier, not when the markets are closed so the pre-market fags can push it to green

>>12284296
https://www.tastytrade.com/tt/learn
https://www.cnbc.com/options-action/

>>12288688
>amazon
>literally working for satan
word. guess it pays to be on the winning side

>>12288868
aww shit full house quints GET niggers

>>12288688
I wouldn't stay there for too long. You probably get shot in a ditch if you work for more than 2 years and they don't see a reason to promote you.

>>12288877
fug

now captchas gonna stop me out
fug this gay earth

>>12288890
looking for this?

>>12288868
hey you keep our lords name away from the evil company his only crime was gibe us free will and help us on our options and trap bulls

>>12288890
nigger site for niggers
fuck literally everything

>>12288903
I WAS LOOKING FOR HITLER QUINTS GAWDAMMIT

>>12288906
inshallah

>>12288688
nice be sure to load us up with insider info whenever it comes about

>>12288973
>>12288688
also be sure to use secure core 2 stage proxies mounted with tor, run from a virtual machine when you do so. no sense getting yourself disappeared

>>12278414
What's this a graph of Comfy? When not adjusted for inflation the highs of the dot com boom were on par with the highs pre-2008.

>>12288665
>What is inflation? What is money printing?
Even in nominal terms there was about 0% average returns for the 2000s, Quantitative Easing can be said to have contributed to some of the excess since 2013, when we surpassed those previous highs, but the numbers on inflation being the root cause don't make sense unless you understand how accumulation works. Prices generally have risen 20% since 2008, but stocks have risen about 200% cumulatively.

LIVE CATTLE MOONING

LEAN HOGS GREEN

Senator Graham seems to think a deal is close for the government to end the shutdown. Something about giving work permits to kids brought illegally to the states in exchange for build wall funding.

https://www.investing.com/news/economy-news/republican-senator-graham-says-trump-receptive-to-shutdown-deal-idea-1733388

Also, ORANGE JUICE IS DOWN EVERYBODY SHORT BIG ORANGE

>>12289194
>>What is inflation? What is money printing?
>Even in nominal terms there was about 0% average returns for the 2000s, Quantitative Easing can be said to have contributed to some of the excess since 2013, when we surpassed those previous highs, but the numbers on inflation being the root cause don't make sense unless you understand how accumulation works. Prices generally have risen 20% since 2008, but stocks have risen about 200% cumulatively.

I appreciate how much research you've done on this.
I'd argue that it's only logical that businesses would become more efficient money machines over time.
Is stock price growth exceeding improvements in productivity? (Measure GDP, adjust for inflation, and compare to stock prices)

Regardless, I think CAPE and P/E evaluations are consistent. P/E ratios haven't "grown" at such a rate that would indicate stock prices are as remarkably overvalued as I'd imagine would be the case with what you described.

My goal posts are: P/E ratios still seem sustainable.
Your data did indicate inconsistency -- I'm offering increases in productivity/efficiency as a possible means to explain the gap.

>>12289399
They told me to go long on orange juice because of anti-estrogenic effects.

>work permits to kids brought illegally to the states
Just start claiming that they're refugees, liberals, it works for Europe, and then you never have to talk about the border or litigate it in court ever again.

>>12278339
what are key stock performance indicators that you guys use? analyses etc.

>>12289194
Can you pls do this but for twitter

>>12288868
>literally working for satan
Have you ever seen a recording of Jeff Bezos speaking?
The dude is way, way more chill than I always imagined. I can't imagine him being outraged anymore.

>>12288878
>I wouldn't stay there for too long. You probably get shot in a ditch if you work for more than 2 years and they don't see a reason to promote you.
I'm actually hoping to climb the ladder really fast. I hope to get promoted in a year.
I think what fucks people over is that they like to push stock-based compensation -- there's a cap on base pay of about 160k that I've heard goes way up the ladder. I actually negotiated for higher base (140k) so that I wouldn't have to worry about the stock price and vesting all the fucking time.

>>12288973
>>12288990
I don't think I'll ever have access to insider info that wouldn't already be publicly findable.
I heard the teams working on Amazon Go stores are high pressure as fuck because they really want to monetize that shit.
Also, Amazon Alexa is supposedly high growth area of the company even though it's still a major cash sink.
AWS is also high pressure af, but that's the cash cow.

>>12289471
I'm glad you found a decent place corporate. I, on the other hand, have a degree, which means I am valueless and only good for warehouse work.

>>12289471
>I heard the teams working on Amazon Go stores are high pressure as fuck because they really want to monetize that shit.
>Also, Amazon Alexa is supposedly high growth area of the company even though it's still a major cash sink.
>AWS is also high pressure af, but that's the cash cow.
All this shit is publicly available on Blind.
I think the shit that matters is the profit numbers for my department that my director will occasionally show in a powerpoint, but I have never paid much attention to it.

>>12288688
Kill yourself

>>12289486
>I, on the other hand, have a degree, which means I am valueless
Fucking kek.
I have a degree. What's yours in? I was keeping in mind what job I'd get while I was in college, but it's hard to understand the fucking implications of the labor market and what it wants while you're still in college -- I honestly do feel that I was just very, very lucky.

>>12289521
Informatics, which is supposed to be data and statistical analysis, user experience, that kind of thing. But honestly it was just because I washed out of Comp Sci that I have the degree I do.

>>12289517
I love you too, anon <3

>>12289529
>Informatics, which is supposed to be data and statistical analysis, user experience, that kind of thing.
>But honestly it was just because I washed out of Comp Sci that I have the degree I do.
You can still do comp sci shit. I got a buddy that got a software engineer job fresh out of college with just a chemical engineering degree.

>>12289418
Price/earning ratios looks sustainable only because the earnings are fueled by leveraged consumption. This cuts back to the issue of accumulation, it's what fuels both the higher prices and consumption and thus earnings because as capitalists accumulate wealth and then reinvest it they put it in savings accounts, in bonds, in stocks.

The money in savings is what fuels the growth of consumer credit, the money in the bond market fuels corporate debt, the money in stocks fuels the speculation and rally. It all works quite well until the rent imposed by the interest rates on consumers and corporations becomes too much for their actual incomes and this triggers a crisis of payments.

Increase in productivity doesn't solve the problem when most of the gains go towards the capitalist class, which doesn't help corporations or consumers deleverage.

This accumulation barrels on regardless of a secular falling rate of profit, because the profit still exists in absolute terms, just how falling rates of inflation does little to tamp down on cumulative accumulation. In fact, it only makes that tendency more dangerous because it intensifies the speculation it invites.

>>12289471
>The dude is way, way more chill than I always imagined.
Yeah.. i'm pretty sure if you were worth 160 billion you'd be pretty chill too

>>12289437
What do you mean, anon?

>>12289573
lmao was about to say "id be chill too if i made a gorillion doll hairs and didnt pay any taxes"

>>12289437
are you still trying to get people to do your DD on twater?

>>12289635
Am dont know O_O

>>12289612
@_@
y-yes

>>12289471
>140k base pay
why were you all suicidal over losing 20k in the stock market, that's nothing for you now
you made a mistake that you'll recover from quickly and easily

>>12289656
their logo is a bird and they have a stupid post limit that prevents people from posting anything of substance
there's my expert level dd for you

>>12289731
>>12289656
character limit*

>>12289552
>Price/earning ratios looks sustainable only because the earnings are fueled by leveraged consumption. This cuts back to the issue of accumulation, it's what fuels both the higher prices and consumption and thus earnings because as capitalists accumulate wealth and then reinvest it they put it in savings accounts, in bonds, in stocks.
>the earnings are fueled by leveraged consumption
If all the booked revenue came from people's credit cards, that would only hurt the banks, which would still be on the line for paying up.

>Increase in productivity doesn't solve the problem when most of the gains go towards the capitalist class, which doesn't help corporations or consumers deleverage.
>the capitalist class
You mean the people that understand finance and understood the importance of gaining valuable skills during their education?

>This accumulation barrels on regardless of a secular falling rate of profit, because the profit still exists in absolute terms, just how falling rates of inflation does little to tamp down on cumulative accumulation. In fact, it only makes that tendency more dangerous because it intensifies the speculation it invites.
I keep forgetting what it's like to debate economics with communists.
I maintain that the P/E ratios look sustainable.

>>12289731
X_X
That not dd
Those are pedantic observations

>>12289819
it has just as much substance to it as that citron report you posted, just stated more succinctly

>>12289839
Why are you so salty at a legendary shorters report that dropped Twitter's value by 10%+

It was the evangelion of fud dd
It was the chimera ant arc of fud

Beautiful green futures. So bigly green. Bears should prepare for margin calls tomorrow. SPY PUT holders will be jumping from skyscrapers come Monday.

>>12289656
<3

>>12289916
noice, spy to 260 before we dump again

>>12289723
>suicidal over losing 20k in the stock market, that's nothing for you now
>suicidal
I wasn't? Maybe you were reading to far into something
I like AAAAAAAAAAA posting just to blow off steam. I've always thought posting pink wojaks is hilarious

>Most of the greatest one-day gains come in stock market corrections or a bear market. Those are often bear traps to lure investors back in before the stock market correction tumbles to new lows.

I sold the before the first dip and then bought the dip then sold on the bounce back. I now have about 100k to invest but I am waiting for the next big dip, I don't believe this bull market return will last, how long do u think I will have to wait till the next big drop?

>>12290028
~2 years. All uphill from here until next correction in 2020.

>>12290058
that is what i am afraid, i'm thinking of getting back in tomorrow in the a.m. Don't wan't to get caught on the side lines but if we get a huge dip on monday i will be pissed for buying early :/

>>12290073
as much as I want a straight up recovery the odds of that happening are basically zero after such a plunge. we'll retest the low or at least come close after this oversold bounce. it could even take months, but we won't simply recover like this didn't happen

How do I short the Californian housing market /biz/ ?

>>12290102

Yep. Even if this is the return to bullish mean trend, there will still be a high followed by higher low, followed by higher high to confirm the reversal. It's not going straight up. Never does.

>>12290102
I think it'll look more like the dotcom bubble. No single crash, but a long sideways market with multiple crashes and bouncebacks. The fifth crash will be the big one.

>>12290102
agreed.

less of a question of a full recovery and more of a question if we are going to get another surge like thursdays before the next fall.

there is something so sexy about watching your favorite stocks plummet when your money is on the sidelines just waiting to gobble up low cost shares.

as a new fag to stocks i find the patience required a bit challenging, seems so simple to buy low and sell high ;)

Got $MNGA and $RGSE on the ticker for tomorrow

What about you guys?

>>12290156
I.e. I think 2019 will be a repeat of 2001.

>>12290171
>MNGA
Penny Stocks?

>>12290184
yep :)

>>12290171

I have GOOS and maybe GTII (Green Thumb) for entries tomorrow. Some possible sells of current holdings if there is a spike up. We'll see.

>>12289755
>If all the booked revenue came from people's credit cards, that would only hurt the banks, which would still be on the line for paying up.
Banks know how to make profit on credit card lines in normal circumstances. They expect defaults to be within a certain margin. It's only in a crisis of payments that the leverage hurts the banks.

>You mean the people that understand finance and understood the importance of gaining valuable skills during their education?
I'm not making any value judgement of the skill or character of capitalists, what's important is that they exist and that they, as a class, have a very different dynamic of savings and consumption than workers as a class.

>I maintain that the P/E ratios look sustainable.
And I maintain that the P/E ratios only look sustainable when extrapolating current earnings forward. When you consider those earnings are powered by leverage they suddenly don't look so sustainable. These are empirical facts.
>“Outstanding credit card debt is at the second-highest point since the end of 2008, after reaching an all-time record high for a third quarter in Q3 2018,
>Looking at the average credit card debt per household, it increased 2 percent from $8,107 in the third quarter 2017 to $8,284 in the third quarter 2018. The third quarter balance is approximately $177 from being “unsustainable” for consumers, according to WalletHub.
https://www.acainternational.org/news/credit-card-household-debt-studies-show-increasing-consumer-balances

All that has to happen is one debt laden industry sees a sufficient fall in demand for it to default, especially a durable good industry, where debt markets are heavily centered around. The effect will cascade, as creditor after creditor goes under, dragging down corporations who layoff workers who then default on their debt and stop buying. So on and so on.

>>12290171
MNGA SN and of course LCI

Sorry everyone am fail you cannot make kino thread tonight


>>12289957
Am glad for seeing you are happy and making bank with new job ^_^

>>12290171
Why did RGSE used to be like $100k per share? What is happening here?

>>12290334
well it went from 80k to 3k then was split 3 times

>>12290334
r/s

>>12290406
new
>>12290406
new

>>12290201
Should have posted graph.