/biz/ - Business & Finance

Non ta:
-AI pump is still ahead

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN - KO EDITION

also that communism is stupid and capitalism is amazing

SSO AND QLD RISE UP

PATRICIAN LEVERAGE FOR THE MODERN MARKETS

BUY BUY BUY

Were all gonna be millionares by tommrow morning

>>12510796
Golden bull?

>>12510761
yet they expended considerable resources (which they basically had infinite of) and they did it less efficiently than the japanese who had infinitely less resources. Also, that included slave labor. Are you saying you're OK with slavery?

>go tell that to all the US posters saying otherwise on this board
you want me to tell a bunch of autistic NEETs that if they just stopped fapping to anime and put time in to earn a decent skill, they could rid themselves of being poor? That won't work because they're autistic NEETs

>other ways to induce discipline without threatening someone's entire existence
please elaborate

>>12510821
Its Diamond bull now. gold too cheap

>>12510759
Both communism and capitalism are stupid
Get out, partisan

>>12510944
'no'

I'm addicted to researching closed end funds, if only I had some more money to throw around

>>12510956
I have a large list my friend... Consider BST

Whats the DUDE WEED forecast this week my dudes?

>>12510977
>
Im not in weed but it should be very strong this week.

LCI this week is going to create a new generation of buyers
Epic short squeeze pump, don't miss out

>>12510746
bought 2 shares of appl at 146.98. Not alot I know but its in my retirement account.
What do you guys think?

fuck nigger day, after we revert roe v wade can we revert brown v boe and go back to the days where plessy v ferguson was precedent?

>>12511113
I think you need more money
>>12511148
Feeling better after your OD attempt?

>>12511113
I dont doubt that Apple will have a face melting rally to new highs but right now its undperform the index a lot which is a bad sign

>>12511148
There no profit in racism fren

>>12511113
When's the last time you saw someone under 50 buy an Apple product? I know I haven't in like five years. Dead company.

>>12511148
Based. Fuck niggers.

>>12510829
>yet they expended considerable resources (which they basically had infinite of)
They certainly did not have infinite resources, they actually had to import quite a few things at considerable difficulty.

>they did it less efficiently than the japanese who had infinitely less resources
They did it far quicker than the Japanese, too. They needed to be ready for war with Germany.

>Are you saying you're OK with slavery?
I have never ethically commended what they did. You made an empirical claim, that socialism never produces "profit". Which, from the standpoint of inputs and outputs, is simply not true. Growth did occur.

>That won't work because they're autistic NEETs
By definition I'm speaking of those who are already working.

>please elaborate
In a situation in which everyone already has the essentials necessary to survive people can be encouraged to work to guarantee those essentials via promise of luxuries or other material benefits, and through a selection process that has sanctions for non compliance such as denying access to non-essential public infrastructure, services, enfranchisement ect. Or you could literally just have someone show up on their door to harass them, lol. Regardless, you only need to resort to the stick side of discipline if there are not enough takers with the carrots. And considering how little labor is required to produce that surplus relative to the total population, I don't think it'd be much of a problem. Make it a route for ambitious people to get status, and it'll get done.

>>12511220
Alot of businesses get suckered into buying fucking apple products (computers) not sure why
But if a company can openly scam the masses with no retribution
Its a fucking good ass investment.

>>12511220
my zoomer cousin said that 100% of everyone at his school owns an Iphone and you get bullied if you have any other phone

>>12511167
I have 21 shares total. Down on 19

>>12511193
https://www.youtube.com/watch?v=tZEYTc9SUAs

>>12511234
Apple is objectively a cyclical luxury brand, it will do poorly in the next recession.

>>12511237
this is correct

Android is for patricians and the upper eschelon of society

zoomers and boomers and NPCs all buy iPhones only its the most normie purchase you can make

Do you guys have any thoughts on modern monetary theory? I came to most of the conclusions of the theory by myself, and just found out it had a name when reading an article on Ocasio Cortez, and was surprised she subcribed to it. It seems to explain a lot though, for instance it explains why both US parties increase the debt when they have power, and why Greece and Puerto Rico are fucked for example. Anyway, the crux of the theory is that as long as a soveriegn countries debt is denominated in a currency they issue, their debt is essentially meaningless.

>>12511237
That's cause their parents are buying and paying for them and they don't know shit about them they just assume you're poor. Once they get out of high school and get to pick their own phone they'll get a pixel.

>>12511269
>Ocasio Cortez
although a broken clock is right twice a day, she's so retarded that she'd still be wrong all the time.

The issue with what you just said is that countries will stop buying your debt/allowing you to borrow money at some point.

Debt isn't meaningless but there's no point in US debtors attempting to claim the 20 trillion in debt right now. Also, the US could take a major chunk out of its debt if it started selling some of the land it owns to private investors. But that's a back pocket kind of thing

>>12510965
Looks like pretty great performance. UTF has caught my eye.

>>12511269
see
>>12511310

>>12511245
Whos acutally worried about a recession anymor ethough
that time has come and gone.

>>12511148
>hate niggers
>outlaw abortion in the south
you're not thinking this through

>>12511269
>Look guize I'm so smart I came to most of the conclusions of MMT by myself
Take your ego-stroking somewhere else

>>12511335
>AOC is a smart politician

no shes a retarded millennial that got voted in by other millennials because she promised them free shit that will never happen.

>>12511338
>it's different this time
>NEW PArADIgm

>>12511322
DAMN thats a dank one

Personally I like USA. i think they stareted in 80s

>>12511356
Her social media presence is second only to Trump's, the actual president. She has a bigger impact on national discourse than a 20 year sitting senator. If that's not the sign of a smart politician then I don't know what is.

what is everybodies opinions on these new thematic weight ETFs that Direxion has put out

RWDC for example, is 150% exposure to defense stocks and -50% cyclical stocks

why its not just 100% defensive i dunno

>>12511269
Makes sense, Larger countries get larger lines of credit at lower rates because it is less likely the currency that is tendered will be manipulated to a large degree.
A large country doesn't want high rates of inflation. But it will tolerate them, to a degree.

On another note the FED doesn't give a shit about inflation rates

>>12511390
shes cute and people want to bang her

>>12511390
she'll be gone in 4 to 6 years. she's "famous" now but she isn't a politician like Pelosi or McConnell are. She's just an "influencer" who screams "trump is racist" without providing an actual verifiable quote or action. plus she is really, really stupid.

She's a fart in the wind. i may stink now but it will soon become lost in the rest of the air

>>12511396
What the... I cant even comprehend why this would be a good idea. is direxion insane?

>>12511363
But it's a new paradigm unironically. Get ready to get short squeezed by the jews tomorrow.

>>12511421
i got ane mail from them about like 10 different ones they are putting out next week, not entirely sure how necessary they are considering you could just buy the 2 ETFs that each make up by yourself.....they are charging like .6% expense fee so that you dont have to buy 2 separate assets lmao

>>12511449
Ill say, the 'US over International' looks good in theory but you could just buy a Low Beta SPY lmao. Its pointless, you cant take profits on the shorts

>>12511415
Conservative media likes to seize on every little miss-speak, but her underlying thinking is far from unintelligent. In fact the only thing I would fault her for is MMT and perhaps a current lack of will to attack Peloisi (which is understandable in pragmatic terms). She'll be sitting on the house financial services committee, and let me tell you right now things like that matter in the policy making process. Regulators have to figure out how they'll respond to her questions and will try to be as accommodating as possible. It's also fan excellent place to use the bully pulpit. You make a scene in one of those hearings it's guaranteed to be news the next day.

>>12511407
The only guys who want to bang her are the guys who would fuck a horse.

>>12511466
>medicare for all
>free education

her underlying thinking is retarded. nothing is free. expecting education and healthcare to be a right requires slavery. fucking commies are so retarded when it comes to rights

Man thank god Ford is bringing back the ranger

>>12511457
yeah they seem useless to anybody except the most extreme NPCs, who arent buying anything but SPY to begin with. If you want to be mostly US, then just buy more SPY/QQQ than the international stuff you do.....dumb ETFs scamming those expenses fees

>>12511510
? Free education is trivial with internet. Medicare can be subsidized by taxes and so on quite easily.

>>12511355
Well it seems obvious.
>>12511335
>>12511320
Thanks guys. Seems like it goes beyond that too, at least in the case of the US. Our trade with China is like an extension of the bretton woods agreement. Essentially other governments and private citizens value the USD more than the US government does. We give them worthless paper, and in exchange we get tangible goods. The only downside to this arrangement, which is the only thing Trump actually cares about regarding China, is that we're teaching them how to build things and they're stealing our IP.

>>12511537
>free education is trivial with the internet
say that to someone without a degree from their internet learning when applying for a job. she wants free higher education aka college. You need teachers to do that and a campus or at least a place to teach. You'll need to pay for those things, along with the materials which are copyrighted to teach.

>Medicare can be subsidized
So you want the US to stop inventing all the new medical technology and ensure the world has decades old care because its not fair that some people can pay for care while others have to use the ER?

>>12510746
TSX:gene up 10% on revision to its nasdaq listing plan, with American markets closed today Tuesday will be good for anyone who bought on Canadian exchanges today or was holding shares bought on American OTC.

>>12511537
So raise my taxes and put out of work the 10s of thousands of people who work in the health insurance industry? fuck you

>>12511510
>expecting education and healthcare to be a right requires slavery
This is a brainlet understanding of social services. Medicare for all doesn't require enslaving doctors nor free higher level education require enslaving teachers. There is no qualitative difference here between lower and higher level education, or medicare for some versus medicare for all.

>>12511609
>won't you please think of all the rent seekers ratcheting up healthcare costs
lol

>>12511421
These people have GONE TOO FAR
https://finance.yahoo.com/news/10-etfs-capture-long-short-154508401.html

>>12511614
anybody who openly wants to give the government a fucking monopoly over the entire populations health deserves a fucking bullet to the brain stem.

>>12511633
Watching pic related talk is disgusting, he has to snort snot back into his head every 15 seconds

>>12511639
the ETF buisness has gone way overboard. They have it for everything now. I thought I made a cool Pet food portfolio and these ASSHOLES at Proshares make PAWZ outshining me. Now how will I have fun?

>>12511614
brainlet, please reread what I wrote.
>expecting education and healthcare to be a RIGHT requires slavery
There is no way around it. A right means you are entitled to something (speech, religion, etc). No actual rights require the goods or services of another.

Medicare and social services aren't conferring rights, but rather forcing someone to work for a set price.

>there is no qualitative difference between lower and higher level education
u wot m8? Once you're 18, you're an adult expected to be responsible for your self and your community be responsible for voluntarily assisting you support yourself.

And yes, there is a difference between medicare for all and medicare for some. Medicare for some is supposed to go to those who are INCAPABLE of supporting themselves, not just lazy niggers who would rather get freebies instead of work

>>12511651
literally every developed country does this besides us and they all have better healthcare as a result. We're being cucked by pharma/insurance execs and our state to state system of insurance regulation.

>>12511702
>better healthcare
BECAUSE THEY DON'T HAVE TO SPEND ANY MONEY ON R&D TO DEVELOP NEW TECHNOLOGY

They merely adopt it. Some countries just say fuck it to the IP and steal it. Would you rather have the US stop inventing new healthcare technology so everyone can get healthcare at 1970s levels?

>>12511694
RDUI and RWDE might actually be fun to short shitholes and long Murica lmao

>>12511702
cuba had full healthcare and people floated on doors to escape the country because communism is retarded and so is anyone who unironically supports it

>>12511702
>literally every developed country does this besides us and they all have better healthcare as a result.
first of all that's a baseless argument. secondly how many new innovative means of treatment have they created in the past 40 years, 3rdly why the fuck don't you get the fuck out of here, bring a commune of like 100 or so of you socialist homosexuals with you, and live there and stop trying to make my country something it's not.

>>12511733
like I said its probably not a good idea because you can buy a low beta spy for lower expenses

Also be aware that Emerging markets has been sideways for 20 years, if it breaks up there will be a face melting rally that could outperform america, and it would pretty much just perform like a low beta spy

>>12511763
BASED AND REDPILLED

>>12511772
wtf is a low beta SPY

>>12511772
Yeah... I just want to support Direxion for their creativity

>>12511702
"better healthcare" abroad, yet int'l doctors want to work at US hospitals, the most advanced practices happen in US hospitals, and majority of significant medical technology and pharma originates in the US, even when the parent company is foreign. the second and third world - everywhere but the US - have their healthcare effectively subsidized by the US. they also have record wait times, wait times unheard of in the US even if you don't have insurance. the US system is fucked, obviously, but nationalized systems in practice are still worse by comparison

>>12511148
didn't you OD?

>>12510977
SPRWF bull flag to $ 1.77

>>12511790
comfer?

>>12511789
lurk more

>>12511789
its like a spy at near half leverage like SPLV

>>12511790
I dont want them taking buisness away from blackrock

>>12511789
Shares with movements that correlate with eachothers heavily. High beta is low correlation. Correct me if I'm wrong please.

>>12511699
>Medicare and social services aren't conferring rights, but rather forcing someone to work for a set price.
>Medicare literally enslaves doctors
No one takes you seriously. By the same logic all federal employees are slaves. Well, right now you could argue that now that trump is forcing them to work for free.

>u wot m8? Once you're 18, you're an adult expected to be responsible for your self and your community be responsible for voluntarily assisting you support yourself.
So it's ok for teacher's to be enslaved to teach children according to your logic? lol

>Medicare for some is supposed to go to those who are INCAPABLE of supporting themselves, not just lazy niggers who would rather get freebies instead of work
Universal programs reduce the incentive to pretending to be disabled to get treatment, thus it's no longer a choice between working and getting medical care. Means tested programs are far more corruptible.

>>12511815
hehe hello my friend. Comfy is dead because he finally got sick of tripfagging, but his spirit will still carry on

>>12511820
SPLV looks cool.

>>12511723
Much of our R and D is the result of public funding and research universities anyway.

>>12511740
Cuba literally exports Doctors and there are people who have to go to Cuba right now to get the medical treatment they need.
https://www.bbc.com/news/magazine-39640165
https://www.nytimes.com/2015/02/18/world/americas/americans-may-see-appeal-of-medical-tourism-in-cuba.html

>>12511548
It has nothing to do with the obviousness and everything to do with the fact that the only purpose
> I came to most of the conclusions of the theory by myself
serves is to satiate your vanity. Even name dropping Cortez has nothing to do with the rest of your post if what you really want is our thoughts on MMT.

>>12511869
probably more successful than they intended lol

>>12511832
you're retarded, at NO TIME did I said medicare enslaves anyone. Healthcare as a right requires slavery, not medicare. Medicare simply caps what workers can make and its also incredibly inefficient and will cost more than it wants to save because of price controls while also providing worse care

>so its ok for teachers to be enslaved
teachers are not enslaved, they are paid and chose that job. (seriously, look up the definition of slave, any good commie should know it because every country that has tried communism has enslaved people) if it were up to me the department of education would be abolished and it would all be private. But since its run by the Federal and State Governments, they should be paid less than private school teachers as the tax payers are the one paying for shitty teachers with tenure due to government rules on hiring and firing.

Universal programs also incentivize people to get care they don't need, creating large queues to see specialists and forcing people to pay for others care through their taxes and then pay for a private doctor to get seen immediately.

And no, any government entity is more corruptible than any private entity because there is far less government oversight than there is a private business who require profits to continue to operate.


You're literally too ignorant to insult

>>12511810
Just a bad hang over thats all.

>>12511869
Low volality is gonna make you miss all the gains.

>>12511913
Man i thought you died lol

>>12511763
>secondly how many new innovative means of treatment have they created in the past 40 years
There's a reason Cuba was the first country to eliminate mother to child HIV transmission.

>3rdly why the fuck don't you get the fuck out of here, bring a commune of like 100 or so of you socialist homosexuals with you, and live there and stop trying to make my country something it's not.
I'm not here to force the US to be any ideal, or any country for that matter. You can't run from the future, baggie. That's all I'm here to represent.

>>12511927
If only.

>>12511886
most of the R&D are funded by private companies. Pfizer isn't getting their blockbuster drugs via Universities. Phillips healthcare isn't advancing technological healthcare machines at universities

People are going to Cuba because of the treatment prices, not the value. Additionally, its making the same point for WHY universal healthcare shouldn't exist, people will do healthcare arbitrage forcing the citizens to pay for noncitizens healthcare (which is essentially what the US is doing with all the illegal immigrants)

>>12511922
Please stop appealing my inner degenerate.

>>12511944
You're not getting your medicare for all. I'm sorry, but it's not going to happen.

Russell 2000 futures up 13%. Buy buy buy!

>>12511944
>Cuba eliminates mother to child HIV transmission while people starve to death and are forced to eat dogs while their government kills them for disagreeing with their leaders

yay Cuba, so forward, much prosper

>>12511953
Balance your portfolio with some vix.

>>12511944
can you stop posting the commie bullshit and talk about something mildly market related?
>>>/r/CTH is that way

>>12512012

>>12511905
>at NO TIME did I said medicare enslaves anyone.
Oh I'm sorry you're argument was that somehow the moral status of /right/ reduces all these people to slavery, which is even more ridiculous. There is no material change, it's just that you're mad about the metaphysical implications of a political talking point.

>they are paid and chose that job
And so would be the teachers in "free" education and doctors in medicare for all.

>Universal programs also incentivize people to get care they don't need,
Universal programs encourage the healthcare providers to engage in preventative care for once, which dramatically lowers costs. That's exactly what cuba has done.

>And no, any government entity is more corruptible than any private entity
>I have no idea what means-tested is

>>12512023
medicare for all has big implications for healthcare sector which is why I refuse to invest in it. there are too many regulatory risks involved.

>>12512049
Yes, becaise ranting about communist cuba is really on topic to the AMERICAN healthcare system
please kill yourself, filtered

>>12511900
Well, reading about her was how I learned it was called MMT. But anyway, do you have any thoughts, or are you just an asshole?

>>12512003
Cuba has higher food energy intake than Denmark or Poland

>>12511965
And you were supposed to die from herion OD. But some things don't go according to your plan I guess.

>>12512049
we should offer permanent amnesty to the dacas in exchange for lifelong indentured servitude. compromise.

>>12512077
is this guy out here advocating for slavery

yikes

>>12512086
its not slavery if its a choice, they're free to go back to their country of origin or another country that will take them

>>12512086
its the art of the deal, first you ask for more than what you want then negotiate down to getting a better deal than you even wanted.

why was the NYSE closed today, some crazy yank holiday or something?

>>12512124
It's Robert E. Lee day, a day of mourning of what could have been

>>12512124
Its negro day, in anticipation of Negro month
All Elementary school children are required to give a presentation on their favorite monkeyman

Couldn't do without that little sucker. It lasted me for 2 years now and its been like.... 10 bucks? USB cable driven btw. Love me that little breeze in the face, it's like white noise. I have it on summer and winter. 24/7 pretty much.

>>12512108
That doesn't work when your enemy has more power than you.

Also, wageslavery exists, and capitalism is terrible, but communism is unnatural and won't fix a damn thing. Communism is just one of those vulture-like -isms that comes during the decline of a civilization cycle in order to pick the carrion off the corpse of Western civ.

>>12512136
>>12512141
so yea a crazy yank holiday

>>12511827
its not just strength of correlation, it's also whether the correlation is positive or negative. on their own your statement is pretty meaningless. you could have two portfolios of two securities with the same degree of correlation, but if one is negative and the other is positive they would have very different risk measurements. generally speaking, risk is reduced by including low and negatively correlated assets into a portfolio. even a portfolio of two extremely risky securities on their own can be less risky when together, if they negatively correlate.

I've been feeding my addiction to CEFs today
Here's the preliminary rankings for best CEFs for /smg/
I still have a lot more to sort through though

>>12512153
>That doesn't work when your enemy has more power than you.
Waiting for the gibs to run out.

>>12512182
Thanks

>>12512198
Even if the gibs run out, niggers will never stop blaming Republicans. So Dems get to have massive riots in the worst-case scenario, that they then will get ammunition to ban guns, blame republicans, blame white people, etc. etc.

>>12511702
I live in a "developed country" and still I would prefer to pay the 10% of my income to an insurance, instead of facing everyday bureaucracy and inefficiency of the public sanitary system of my country. And, last but not least, in USA you'll never see abominations like Charlie Gard's story.

>>12512153
>wage slavery exists
please tell me where in the US you are forced to work for a wage you're unwilling to accept...I'll wait

>>12512251
If you didn't have a trust fund you'd know.
The recession never fucking ended.
Do you think Uber is a sign of golden prosperous times in America? Do you think those Uber drivers are doing what they want to do?

>>12511026
>0% buy
Imagine.

>>12512251
min wage. i dont want any of these worthless fiat. why can't they pay me in bitcoins and company shares instead of the monopoly credits?

>>12512290
You should be asking for your salary in LINK

>>12512266
I'll be so glad when communism comes to America
All the Uber drivers will finally become Youtube furry hentai reviewers and make 200K a year

Anyone here use Joel Greenblatt's Magic formula for stocks?

Thinking of going at it.

>>12512304
Can't they already do that?

There are fucking birds in my attic that won't shut the fuck up
I'm not kicking them out until spring because it's cold outside, but i wish they were a little more considerate

>>12512266
you still can't answer the question?

Do I think Uber has expanded the economy and put more money in more people's pockets? Yep

And who cares if its what they "want" to do. They want to do it more than not having that income.

There is a difference between working in a job you don't want to do and being a slave. but only an entitled millennial would think they should always get work they want...

>>12512344
You're fucking retarded.
A choice between death and work is literally slavery.
What do you think happens if you're a lazy slave who doesn't work? You fucking die, retard.

>>12512342
gas them

>>12512365
You won’t die in the US if you don’t work. You just won’t have any money and you’ll be homeless. Tons of people do it and live just fine.

>>12512365
no it is not because the only person you're required to provide for, unless you procreate, is yourself. being responsible for yourself isn't slavery, that's live.

Now if I put chains on you and forced you to work in the fields without pay, that would be slavery.

Just because you're a lazy cunt who feels entitled to a wage for doing nothing doesn't make it right or even ideal. with that attitude you'll stay poor forever cuck

>>12512431
Oh yeah, because being homeless is so much better. What a fucking choice.
>>12512437
We're getting pretty close to working without pay, if the cost of living keeps outpacing wages like this.

>>12512452
This. It's a coordinated effort by the capitalists to engage into arbitrages to min-max the cuckoldry of the wagecucks.

>>12512452
>Oh yeah, because being homeless is so much better.

As opposed to death or even jail? Yeah it’s way better. Being homeless in the US still puts your quality of life an order of magnitude above most other people in the world.

>>12512431
A fate worse than death, truly.

>>12512484
Jail is a disgusting industry. It solely run on arbitraging everything to people who have nothing and drive them in even more debt. Speaking of that, can anyone shill me some new and upcoming private prison shares?

>>12512506
Yeah because I'd much rather have people running around killing each other it order to really own the Prison Industry.
>>12512484
But those conditions are worsening, and only an idiot can't see that. That's why, no matter how much GDP we have, we still rank so low on quality of life charts.

>>12512365
>A choice between death and work is literally slavery.
false equivalence, it's between death and being useful/productive

Most people hedge their natural shortcomings by finding a skill that will earn them income, sorry lad

>>12512545
*false dichotomy, my bad

>>12512528
>those conditions are worsening

I don’t think you’ve been homeless. Try it, you’ll be surprised at the support infrastructure available to you.

>>12512604
>Homelessness isn't so bad! - a capitalist
lol

>>12512623
homelessness in a capitalist country is better than homelessness anywhere else, newfriendo

>>12510746
Anyone got any asx stocks to shill? I was thinking of buying DTS but i'm not 100% sure yet.

Why are these threads so shit when the markets are closed? It's autism squared right now.

>>12512452
>i think i deserve something for doing absolutely nothing
please explain your logic. you have a right to life, but you don't have a right to stay alive after the age of 18 without being responsible for yourself.

>we're getting pretty close to working without pay if cost of living keeps outpacing wages like this
then move where it isn't. doing try and work/live in NYC, LA, SF, Dallas, etc. if you can't afford it. Move to a place that has comparable wages and lower cost of living like North Carolina, San Antonio, etc.

>>12512506
https://finance.yahoo.com/quote/CXW/
https://finance.yahoo.com/quote/GEO/

Who else here OIL?

>>12512691
The thing about oil and (futures) specifically is thyre flamable and your gonna get burned

>>12512710
I'll just manage my stops for now and should be okay

>>12512684
based and redpilled. do you think that private prison industry is recession proof? woulnd't the crimes skyrocket as people default?

>>12512742
I have no idea, I wouldn't personally touch this because it's super prone to legislation.

>>12512675
>San Antonio
>lower cost of living
Only compared to New York. The cost of living in any city is still astronomical and there are no jobs rurally. There's also a difference between "deserving something for absolutely nothing" and "working 40 hours a week to help Goldberg afford another yacht."
If we lived in a pioneer society, where to make a living, you had to build your own house, and hunt your own food, that would maybe be valid. But you can't build your own house anymore, all the land is owned, and you can't hunt your own food anymore, all the animals are endangered. So instead you have to go to work for more hours a week than you would have to in some farming jobs being yelled at by a guy who makes three times your salary because his job is to get yelled at to yell at you.

>>12512604
Which doesn't address the fact that I said things are getting worse. And even if every homeless person still had all their safety nets, that doesn't excuse the middle class dissappearing and increasing rates of homelessness among the lower classes.

>>12512726
Redpill me on UWT, Anon. Give me some stuff to read up on at the very least. Is it too late to hop on that gravy train?

>>12512769
you only need 46K to live comfortably in san antonio, and they don't have state income tax so you could just take what you'd pay in CA or NY and invest it every year to fund your retirement.

Yes, there are plenty of decent paying jobs in the suburbs of the US that make it affordable. You may not be 5 minutes from a major city, but you'll have everything you'd ever need

>>12512769
have u ever had a job?

>>12512802
so you HAVE to work to live in a city? LITERALLY WAGE SLAVERY.

Why do you people throw your money in the trash by investing in stock market? You realize China economic data is worst in 10 years yet market still goes up. This is manipulated to hell. Market rally started after Trump said it was good time to buy. Investment needs to be immune to big money manipulating. I have half my assets in crypto and half in treasuries/commodities. Government is going to fuck you guys. You can't manipulate market up forever. The big guys gonna cash out one day.

>>12512833
No, you HAVE to work to live comfortably in a city. You can be homeless in almost any major city with access to "free" bathrooms, water, and food with government NEET bucks.

But if we all did that, we'd all be homeless and faggots like you would complain that you're the poorest of the homeless because you're too lazy to do literally anything but fap to anime and post on a mongolian pixel board

>>12512691
>Who else here OIL?

Yep. I've been going in pretty hard on the whole energy sector since beginning of the month.

>>12512772
it is just a leveraged oil etf. I honestly didn't do much DD just watched news and decided to call the bottom. I am still bullish on it. if you are interested in oil here is where you can find some data

weekly petroleum report
https://research.money.net/wca/?module=0
general news
https://research.money.net/mobile/markets-details.php?symbol=F%3ACL&chart=6M
economic calendar
https://research.money.net/calendar/

>>12512863
>I have half my assets in crypto

>>12512863
>You can't manipulate market up forever.
Wrong. If you set the rules, then you absolutely can do this. This is why you should be BULLISH on stocks and crypto.

>>12512936
I made more in a few years in crypto than you will make in a lifetime of your fiat manipulated market. Want to compare P/L %?

>>12512864
I don't watch anime. Don't clump me with these degenerates. I'd probably do drugs though.

>>12512924
Based catch of the day.

>>12512964
If you've made so much then why are you still shitposting on a Mongolian hieroglyphics generator?

>>12512819
Yes. It sucks.

>>12512865

Here is crude oil weekly chart for the last four years. If it starts moving above $55 I'll beef up my position quite a bit. So far only in with a conservative amount. OPEC's shitposts depending.

>>12512964
post proof or LARP

it doesn't count if you also lost it all in the crypto crash

>>12512964
And you're going to lose all the money you made as the bubble continues to unravel
You rode a speculative bubble up, and you're going to ride it all the way down as well

>he works to have his paycheck stolen by a Jew who wants to import more shitskins to kill him
Not only am I comfy, but by being NEET I have time in my life that wagies don't, and I am doing the only moral thing to do.

>>12513064
>he thinks he can time the market
>he thinks he can predict the future

>>12513098
>he thinks meme coins in existence today will be worth anything in the future

the only one I see making it out of this current batch is XRP, maybe Stellar because of their use in IBM's blockchain

>>12513148
FUN will too
BTC had a use when companies actually accepted it

>>12512228
The american system is incredibly inefficient, obtuse and bureaucratic. There are horrible anecdotes in the US system that just aren't as publicized, people who just die when their crowd funding campaign fails.

>>12512431
Many homeless people die of preventable diseases, or succumb to exposure.

>>12512637
Homelessness didn't exist in communist countries. Homelessness practically doesn't exist today in Cuba.

>>12512955
Cyclical patterns in both stocks and capitalist economies more generally are well established. You ignore that you're going to get burned.

stonk market is at "rebuy here"

>>12513417
>Many homeless people die
I don't really give a shit... nothing of value was actually lost

>>12513586
>the lives of homeless people don't have value, but the lives of degenerate drug addicts do

>>12513417
The modern stock market haven't still burned. It's not proven that economies will always fail. Your "cyclical" patterns is temporary at best and the bottom is almost always set higher than ever.

>>12513611
>the bottom is almost always set higher than ever
until it isn't

>>12513417
I'd rather be homeless in the USA than be not-homeless pleb in Cuba

>>12513596
yeah the drug addict is fueling the black market economy by purchasing those drugs and creating illicit jobs for people. The drug addict is a consumer.

>>12513617
Tell me why would we lose our knowledge about modern electrical engineering. Why would we go back to Renaissance economy? Why would we go back to blatant slavery - debt boom and busts of 1800s?

Face it, we're the future of the economy literally. Cryptocurrency and stock markets will moon. Stock markets is a silly commie boomer invention that enable ubi by making a massive ponzi for growth with a cartel controlling how people behave around the ponzi.

It's not going away. Also, crypto is even better at this ponzi thing, and it's the future.

Super Wolf Blood Moon Red Futures :)

>>12513664
Market is always red on the blood moon.

why are people trying to LARP that they know the entire economic system of the world will collapse?

If it does, then who cares if we lost everything we invested as bulls, you wont have anything either

and dont LARP like you own hundreds of pounds of canned food and water

>>12513680
Agreed. Buy everything. Spend! Debt doesn't matter!

>>12513680
Water might be tough being on a well. I'd have to figure a way to rig up something to run the pump in the event of long term grid failure. I've got a gasoline and a propane generator, but once those run out, some kind of wind turbine or solar might be beneficial. And I have an ample supply of food. Maybe just need to rig up the gutters to catch basins would be enough. Fuck I'm surrounded by plenty of trees if I need fire.

>>12513708
but what if you run out of drugs

>>12513711
That's what the guns are for right?

>>12513611
Every generation thinks they've finally solved the problem of crisis in capitalism. Every generation subsequently finds disappointment.

>>12513627
pic related

>>12513717
true

>>12513680
https://www.youtube.com/watch?v=Ftc6igmfWtk

>>12513680
https://www.youtube.com/watch?v=lz_THeAXe9w

>>12513720
yes, there are "disappointments" but it's not causing an apocalypse. so, stop being so dramatic about this.

>>12513417
>homelessness didn't exist in communist countries

Yeah if you can call an apartment the size of a parking garage in a grey neighborhood a home.
My argument doesn't really have anything to do with homelessness anyways. The middle-class is losing its quality of life, under both capitalism or communism, and there's nothing the middle-class can do to stop it.

>>12513740
crypto is improving lifes RIGHT NOW. get in on the 3.5k train. holy shit.

>>12513749
>The only way you can stay middle-class is by gambling
Fantastic.

>>12513738
The collapse of a system doesn't require an apocalypse anon, it just requires a certain encounter at its moment of weakness.

>>12513740
The middle class, or "labor aristocracy" to use maoist/leninist terminology, can do quite a bit to stop their decline. First and foremost they can push for more democratic control and ownership of the workplace. You won't see outsourcing if that kind of control existed.

>>12513765
You have to take risks to get anywhere in life. Being middle class isn't a human right.

>>12513765
cryptocurrency industries is an established industry with a media empire. i'm sorry, but you're wrong and i don't care that you're being left behind for being a massive idiot. it's a BUY THE DIPS SCHEME. and, bitcoin is full of keynesian liquidity traps, so it will literally always go up as long there are miners mining it.

>>12513772
Democratic control is what got us HR, and surprise surprise, democracy doesn't do anything good for anyone.

>>12513779
>Democratic control is what got us HR
That's pretty much the opposite of democratic control anon.

What if we privatized the government and went to a more exclusive representative constitutional republic? Like instead of giving all the citizens the right to vote how about only land owners?

>>12513807
there is no merit for aristocracy.

>>12511175
>which is a bad sign
this is the perfect time to contrarian buy a good company with 0 debt, even accounting for their phone sales and future outlook, i would put 50k into apple if i had it

>>12513824
yeah they all end in a giant chimp out and bloodshed

>>12513824
If there's no merit for aristocracy it terrifies me what the people of a democracy will do.

>>12513807
>how about only land owners

that's exactly what the founding fathers did when they first made the country

>>12513807
>>12513842
I've been advocating Hamiltonian rule for years now.

>>12513838
exactly.

>>12513807
>hey guys I got this brand new idea for a start up, it's called ifeudalism

>>12511476
She may not be super hot but I'd fuck it.

I'd fuck that horse, breh.

I'm depressed lads.
My juggling isn't going well and I'm poor and depressed also an lolcow. Let me whine also drunk

>>12513896
why are you depressed? you made it. you have the arcane knowledge of finance to literally make millions with.

>>12513896
im having a guinness, whats wrong on the juggling venture?

>>12511026

>>12513897
im sleeping on a twenty year old bed filled with someone elses blood with 2k in my account and getting bullied until I kill them or kill myself. My life is fucked.

>>12513896

>>12513923
2001.75 now that you started the juggling quest

>>12513863
the only way to have stake in a nation is to own land because nations are just arbitrary borders drawn on a map much the way a lot of land is.

Did you rise from the dead?

>>12513896
maybe time for juggling lessons? :)

>>12510746
how come nobody is talking about their favorite fans, i cam here for the fan talk not some meme coin

>>12513951
Do they have those?

>>12513936
>>12513939
;__; im worthless

What stocks can we expect to blow up tomorrow at open?
My bet is on CGC to open at 44-46
BAC at 30-31
CRON 16-17

>>12511651
This is a better argument than jobs and taxes. But really you should just shut up about these things if you don't have a comprehensive notion.

>>12513896
what am this?
me thought you had soul of jester?
not soul of pathetic virgin

snap out of it clown, you got smiles to bring
these balls not gonna juggle themselves

>>12514089
waaaaahhhhh
Ok mommy <3

>>12511514
Just in time for the next recession you fucking retard. Nobody will be buying overpriced trucks or electric cars when they have no money

>>12514196
One of my biggest fears for Ford is their dedication to trucks and SUVs
When the next down turn happens or gas prices go up, what will happen then?

>>12514235
Well maybe they will sell trucks with 2L 4 cylinder engines

>>12514235
People are going to do exactly what they did last time. Cheap Japanese sedans. Toyota’s, Civics, and even cheaper Korean cars. Mitsubishi and Honda have larger value because they have huge manufacturing capability for industrial products. If Ford gets through the next depression, but a ton because everyone will jump right back on the debt wagon at the first sign of good times ahead

>>12514295
This is why you're GOAT

>>12514295
You mean like the original rangers? Instead they brought it back only to make a mockery of the original and turn it into another fucking rebranded F-150.

>da market is randumb
>TA is le fake heheh right /r/eddit
>ignore firms like Renaissance Technology that make 60% returns over a year using math
>no it all luck LOL randumb

Holy shit I knew XKCD was for CS dropouts but this is pushing it. They should stick to their niche of catering to intellectual posers.

>>12513417
>Homelessness didn't exist in communist countries.

>>12514331
There was always room in the gulag and when there wasn't there was always another job digging another mass grave.

>>12514319
TA most misunderstood part of finance

>>12513967
Im buying some cgc to add to my green stocks

>>12514319
i am not saying those returns are bad but technical analysis is just visualizing trend patterns after they happen. you can make likely successful bets on them but it is not a guarantee like some people expect or imply. the inherent truth is that the market is unpredictable, no matter how much hindsight you can plot out on a graph. for speculation stocks, technical analysis is much less trustworthy, than for a company that is in the DJI and has 20 years of fundamentals to go with it

>>12514319
Technical Analysis works only if you have the math knowledge to build algorithims to trade on TA. Trying to do basic bitch TA in your head is sure to leave you penniless.

>>12514572
if there was something that gave you a % chance of investment success based on complex proprietary TA algorithms i would play that game since the odds are better than the loosest slot in vegas

>>12513967
>My bet is on CGC to open at 44-46

Why?

>CRON 16-17

This one is a maybe but only on very good news. You're talking about a gap up to ATH in already nearly overbought conditions.

>>12514602
you have for learn how calculate that stuff by hand
NO ONE will give you the %

luckily the odds are pretty easy for figure out once you have backtested

>>12514532
I once thought there was merit to TA. but TA implies that there is information publicly available that hasn't been priced in yet. and yet all empirical evidence shows that the market reacts near instantaneously to market information (press release, earnings announcements, earnings calls, etc). to believe that graph movements or statistics around them have legitimate buy and sell signals embedded in them that aren't already being priced into the market by the quants and HFT that do this full time is to believe in a very inefficient market. but the US capital market is the most efficient ever known. basically to believe in TA is to believe markets are inherently inefficient, yet empirical evidence and academic research suggests that they are very efficient. so do what you will, but almost everyone in the industry considers TA by retail investors foolish and true gambling (no statistical odds around the bets).

>>12514669
but the ichimoku cloud by itself is proven to basically be perfect

if you follow it you will win

>>12514669
The insufficienties dont have to do with the market but the people/ algos interactions with the market over time (who aren't perfectly efficient)

The market cannot provide it's own liquidity nor can it charge you 5$ today for a stock worth $6 tomorrow

>>12514704
teach me your ways senpai

>>12514669
>...that there is information publicly available that hasn't been priced in yet
That's a misnomer at best. "Priced in" inherently implies the markets are Pareto efficient, but no market is because the necessary assumptions for Pareto efficiency to occur don't, and never will, exist in any market.

>>12514669
>I used shitty amateur TA once and got dunked on
>I am now a Buffett memer

>>12514718
>>12514704
>>12514780
>>12514743
Just because it's not efficient, it doesn't mean that people are not actually adjusting their positions reacting to these new information. So yes, PRICED IN.

>>12514743
>>12514717
I'm just telling you, nobody with a master's or PhD in finance believes in TA. I also don't believe the markets are perfectly efficient - nobody does. the question is whether they're efficient enough for past patterns that have predictively statistical future outcomes to be priced in - that is, for that information to be known and used by the market if it in fact works, which either 1) prices those patterns out of existence or 2) they can only be exploited by HFT, and when they're used, it's actually demonstrating efficiency all over again. one of the core flaws of TA is that it treats share price as a signal, but it's not -- it's a measurement of other signals. price is a reflective of information - future earnings potential, free cash flow, number of shares, leverage, liquidity risk, etc - not the information itself

>>12514810

So how bad did you get dunked on?

Circuit breakers this week

>>12514718
look it up on youtube and investopedia for a quick start
here's some basic spoonfed info

blue line = conversion line
red line = base line
green line = lagging span
green area below the baseline in this picture = the cloud

use the internet and figure out the rest for yourself

>>12514821
I'm not stupid enough to trade on TA in the first place

>>12514824

I ASKED U LAST THRED WHICH DIRECTION CIRCUIT BREAKERS

>>12514810
>>12514796

For those who dont believe in TA what do you use to find good buying points in an asset?

>>12514844

Tell me how the market hurt you.

>>12514847
Yes

>>12514847
doesn't matter what direction if you buy a straddle

>>12514862
imagine buying QQQX

>>12514862
>stops using a tripcode yet still feels the need to establish his identity every thread by avatarfagging with a single anime picture

what's the point

>>12514855
You don't. You just follow what the financial elite say. They buy SPY and you buy SPY too. :)

>>12514235
the auto industry itself is cyclical

>>12514874
>>12514888
QQQX is an okayish CEF, I posted a good list somewhere either in this thread or the last
Also tripcodes were for jerks

>>12514669
>>12514704
>>12514717
>>12514743
Pareto efficient doesn't imply perfect price efficiency at near instantaneous speed, if I recall correctly, it deals with a lot of subjectivity and ethical concerns about everyone being off at current levels of allocation.

Regardless, professional traders will always be ahead of retail investors in terms of the math involved and reaction to news. There is, however, a way to beat them. Even this supposedly neutral analysis and reaction has an ideological framework. If you can find places to critique this ideological framework that's being used most widely, you can find openings.

>>12514924
why do you care so much about other people's opinions
stop being a sheep

>>12514796
That's just moving the goalpoast.

>>12514810
>nobody with a master's or PhD in finance believes in TA.
I wasn't making a commentary on TA, just your use of "priced in" as a basis to dismiss. Also, most finance PhDs couldn't successfully run a fund of any so, so that's not a particularly good appeal to authority you're making. In fact, that's true for most fields, not just finance or business.

>I also don't believe the markets are perfectly efficient - nobody does.
You would be amazed.

>the question is whether they're efficient enough for past patterns that have predictively statistical future outcomes to be priced in...
And then you go on to rehash the same argument for Pareto efficiency and the assumptions that underlie it. For starters, you're necessarily assuming that information can be perfectly discounted even though that requires a value judgement, thereby making the hypothetical discount always subject to fallibility which, under your own framework, would create an opportunity for traders or investors in a perpetual feedback loop.

>>12514930
>projecting
Buy LCI

>>12514890
brilliant well said.

>>12514952
>have some compassion bro
>people who make the op with tripcodes are jerks because one person told me so
>stop posting gay anime, /pol/ snowflakes might be offended by it

you're a gigantic npc, to be desu with you

>>12514952
>LCI meme
KEK

Once again what do you use if you dont use TA to find good buy points.

Isnt the point of TA to give a statistical advantage on the market. similar to an edge in gambling. Not ever call is good but over a long enough time you can make money?

>>12514980
What the fuck are you talking about lmao

>>12514998
have you even watched asobi asobase

>>12514994
I just look at recent lows and news, personally.

>>12514980
It's more just that you never contribute anything to these threads other than spouting zoomer memes and posting your 1k RH screencap of some company you've been """"""'trading""""" for like 6 months

>>12515007
No, because I'm not a weeb, but I still masturbate to anime girls
Filtered

>>12514980
Post real men, not that prepubescent boy garbage if you're going to do that.

>>12515037
>that prepubescent boy garbage

they're twinks

>>12514994
Its LITTERALLY impossible for trade currencies or big indexes w/o some from of TA

these guys who are bashing TA are only talking about stocks

>>12515048
Questionable.

No one wants that anyway. Bears or bust.

>THOSE FUTURES

YIKES YIKES YIKES. Could we retest December lows?

>>12514939
ok this is redpilled af.

>>12515076
>implying futures mean anything other than indicating how the market will open

bad news matters infinitely more than red futures

>>12515068
bears are good, but I'm trying to appeal to the masses here
twinks/""""traps""""" are very popular on this website

>>12515076
It will continue to go down all night, then reverse 80% of the losses in the first hour before market open.

NEW thread, made it early because it me bed bye time

>>12515089
>>12515089
>>12515089
>>12515089


>>12514939
thank you for this

>>12515076

Who knows about the 2018 lows. It's absolutely time for a good solid profit taking though. I was looking through a bunch of charts this afternoon seeing if there was any kind of setup that made sense for me to enter a swing on. EVERYTHING worth a damn to begin with has gone on a run since the beginning of January. It's kind of bizarre.

>>12515017
>News

So when do "guess" that the news buy ins have run dry and are going make their predictable come back.
Looking at lows is honestly no different than using TA other than one is backed by numbers and yours is backed by visual. Its flawed for the same reason, there is not guarantee that it doesnt go lower or higher based on where it is now.

>>12515223
Oh yeah of course, but my underlying judgment of whether to buy or not isn't based on a chart, I just need to know what a reasonable price I can set my limit order for, I just check the news to make sure there's not some big qualitative change that's going to wreck that current estimation.

The futures are pricing in the bearish sentiment. This is bullish af.

>>12510977
TLRY dips to 80, then buy

>>12515282
I feel the same