/biz/ - Business & Finance

Wee woo wee woo

Bears forever BTFO shorting the fucking bottom. LAMO @ your life.

>>12602608
eat shit kike

If Fed is backing off, doesn't that mean the economy is weak... Is this bullrun the exit scam?

Haha faggot bears

>>12602608
Turn off your trip nigger

Bears on suicide watch

Pump to 900!!

>>12602650
fuck you faggot!! stop being a safe spacing nigger and grow a fucking pair

>>12602661
fuck off fake LCIguy

>one government shill organization says something
>Market goes up

Nice """free""" market Americans. Main thing that moves market is US government. Imagine investing your life savings into a rigged market controlled by elected elites.

>>12602638
Of course not, that's retarded. Buy buy buy!

Power hour approaching. Let's get at er.

>>12602658
Is he still short?

>>12602658
>this guy thinks that the bellweather for the entire world economy is dumb as hell

that picture is some reddit shit

>>12602670
FUCK ME?!?!

FUCK YOU!!!

>>12602608
fuck pendulum.

turn off the fucking trip when making a new thead you shitty zoomer attention whore.

Just sold everything. Thanks for buying the top again, bulltards.

clearly this rally is about as sustainable as medicare for all. i'm taking this opportunity to exit some positions.

>>12602671
what 3rd world shithole are you from?

real LCIguy here just telling you all to kill yourself and dump LCI

Came so close to shorting AMD a couple hours ago

who here /disciplined/?

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FRENS

bobo getting raped edition

I bought MNGA at .25
How fucked am I?

>>12602660
We all know you just put that money in and it hasn't yet updated.

>>12602670
That fake lciguy is very rude!

>>12602696
>what 3rd world shithole are you from?
your mom's anus
gottem

News on presidential convoy road accident?

>>12602677
decent reasoning desu, I always prefer bolly bands to kelty channels personally. I have been noticing every 50 cents on the dot there's brief struggles in price action a lot of the time, 270 being so round makes sense

>he fell for the bear market meme

>>12602708
based
fren LCIguy is best LCIguy

>>12602704
Are you that guy whose portfolio is 99% MNGA?

>>12602705
Or I put a bunch of puts on Tup and sold this morning. I'll post again after market closes to prove it isn't fake

Nothing can stop this market. It is under the care and protection of the Federal Reserve and their collaborators. They have experienced enough market cycles at this point to gain full mastery over the market allowing them to make sure there will NEVER be a bear market again.

>>12602666
nah fuck govt and markets even in the same sentence desu. tho ill admit im biased in that i want to see almost everyone in the govt lined up and shot (lobbyists get shot twice, once in the gock, once in the gut, then lynched)

ill even go so far as to say that govt officials of ANY level, ESPECIALLY higher level elected officials should be completely barred from investing or participating in the market in ANY form. neither directly nor by proxy.

you wanna fix muh capitalism?
THATS how desu senpai

>>12602711
but you aren't denying the fact that you're from a shit hole? Got it.

I'm a bulltard mostly but bought a couple SPY puts based on the sell the news meme of Powell actually talking

>>12602748
fuck off fake LCIguy

>>12602748
I'm not that guy. I only have something to do with your mother's other hole.

>Powell gave up on letting air out of the equities bubble and is kicking the can down the road
Next recession is going to be really bad.

He's so nervous :/

>>12602734
no, I just now bought it after weeks of shilling on /smg/

pls tell me I'm going to be ok!

>cross currents
>conflicting signals
>growth has slowed
>ongoing uncertainties
>government shutdown
>financial conditions tightened significantly
>business and consumer confidence has worsened

we /bearmarket/ now

>>12602733
Hehe love you fren! :3

just realized something

LABU = LAB Up
LABD = LAB Down

it's over, beartards

>>12602742
most bureaucrats are just trying to do their job. They may be incompetent at times, but they are generally have less incentives to be malicious than lobbyists, politicians or CEOs, even if they are obligated to listen to them.

I‘m new to the stockmarket , but I would like to put 2000$ in, is this enough to buy in some dividend stocks or should I gamble and try to find a promising stock which could skyrocket and then buy dividend stocks? Btw. What are good ones here?

>>12602725
>always prefer bolly bands to kelty channels personally
PROTIP: use both at the same time (i took it off to make the chart less spaghetti-y)
using both you can quickly gauge vol as well as the "unexpected" moves that will bring the price action beyond the keltner channels upper/lower bounds.

basically, when you see the bollys tightening inbetween the kelts, shes about to go ONE way or another

also, i forgot to add in last post, i also look at put/call ratio a lot when planning out month+ positions. a couple weeks ago i saw the put/call OI spike and start going straight up. the folks selling naked puts on SPY arent the ones who normally lose ime. the problem with using THAT is that its impossible to tell when expirry is for all of those

>>12602815
Oh yeah? Why come SPXU is a short ETF then???

>>12602829
Buy dividend stock. Use dividend to buy more dividend stocks. Repeat this until you get enough dividend money to never work again.

>>12602829
Don't gamble. Now's a good time to look at nice safe non-cyclical consumer staples.

>>12602829
current best market pick is Sears.. I believe they have the infastructure to beat Amazon

>>12602829
Start with shares of O if building a monthly dividend portfolio

>>12602823
yea i guess i dont have much against pencil pushers desu
but they should get different jobs that actually HELP society, rather than impede it

and if i as going full on revolutionary, id prolly burn down all their places of employment to force this decision on them. nothin personnel kids

disclaimer: THIS IS ALL PURELY HYPOTHETICAL MR NSA, I ASSURE YOU, RELAX

Good bargains for short positions today thanks to the Fed. Thank you Daddy Powell for the gift we have received!

>>12602838

>>12602829
Thats not enough for Good dividen gains. Your better off finding a growing ETF

My personal Faviorte is TQQQ but theres others out there

((((cross-currents))))
Could he be any more vague? Not boosting interest to at least 1% above inflation like they said they would indicates they think we're already in a recession. If they are wrong and we aren't, then the recession will be even worse when it comes.

Market probably going to pump anyway.

>>12602829
Buy DOD! WOOF WOOF

>>12602902

>>12602829
buy $500 of KO, GIS, JPM and CSCO and start from there

How do you determine what brokerage to use? I have an account with charles schwab for my roth IRA and I recently opened an account on robinhood. Should I put the majority of my money into schwab or robinhood?

>>12602925
Do this.

>>12602902

>>12602895
>Not boosting interest to at least 1% above inflation like they said they would indicates they think we're already in a recession
i wouldnt say that were IN a recession, but to me it indicates that they think we are very close

also friendly reminder:
i tried to warn you >>12600772
tho the smol short positions might have to wait till friday tbphwaouhrn

>>12602934

No, keep schwab. Use RobinHood only to fuck around with.

>>12602939
fuck off fake LCIguy

>>12602875
That's why I said O is only your core. I have much riskier higher monthly dividends can I get in and out of

So does this mean Powell hits us with a surprise hike in a few months to maintain market health, or do we actually go full recession after a mass selloff once we test last year's highs again? Either way I'm guessing having put options set about a half a year out is probably a good idea right now.

>>12602934
use schwab for anything but options imo
in fact they have a shitton of their schwab ETFs you can use commish free

RH is good for slinging options around tho because
1) theyll approve you for whatever level you ask for and
2) options slippage on schwab is fucking horrendous

>>12602951
>that moment when people need to LARP as you

>>12602967
lmao
we arent goin anywhere NEAR ATHs for a good long while now senpai
that shit is over (unless 2700 unexpectedly turns into support, which im very doubtful of)

Thinking I might sell VRSK for a little more than break even once it gets there. It's decline in the latest bear market means it's not counter-cyclical enough for my tastes.

>>12602940
Still denying the Golden bulle, Teh Profit?

>>12602981
fuck off fake LCIguy

>>12602994
always

>>12602968
>theyll approve you for whatever level you ask for

My RH qualification question for options was something like:

Q: If you're portfolio loses 10% of it's value in 1 day would you:
a. Sell your entire portfolio
b. Sell a portion of your portfolio and keep some invested
c. Double your position

>>12603009
w-whats the correct answer senpai?

>>12603002
Accept the golden doggo
WOOF WOOF

Anyone more JUST'd than me today?

All I can do is hope it goes down to break even. Don't want to sell at a loss, because a downturn is still possible.

>>12602708
>>12602798
lel
how did you crack his trip?
dont tell me you bruteforced it. thats insanity

>>12603009
those are some shitty answers desu
id just hedge some, then sell my hedge later and use that to double in (unless the position was TOTALLY fuckT)

>>12603021
a. no I dont want options
b. no I dont want options
c. yes give me options

>>12603031
Wtf I didn't mean to post this.

Anyone more JUST'd than me today?

>>12603031
what's the damage?

>>12603036
i just googled it awhile back. there's a website that has brute forced a bunch. it's #buylci

>>12603036
was his trip was #buyLCI?

>>12603044
FUCK off, banklet.
lmk when you lose 4300 because powell sucks black dick in alleyways.

>>12603056
no, it's buylci

>>12603056
nope

25,100 borken momentarily!!!

>>12603050
>>12603056
>>12603062
baste

>>12602838
It stands for Uchiha

>>12602838

Re-test the low fags absolutely, positively, BTFO

God so many good shorting opportunities but I don't have any money.

ZYNE
$8, $12, $17, then crash

Just bought Wal mart to push the price down further so I can double down later

Why does every assume the stock market isn't going to new ATH? The two rejections at meme line were before people were sure Powell wouldn't raise rates.

I hope we are going for another deeper leg down, but I don't get why you are so confident. Anyone mind explaining?

>We don't know what we are doing

>>12602951
What makes you think that's the real fake LCIguy and not some fake fake LCIguy imposter?

>>12603182

Nasdaq pump has lost some steam. We'll see. Facebook earnings may be very important.

>>12603182
No one knows anything. We just like to verbally berate each other and make confident predictions based on emotions.

Bears are stupid though. Like sloped forehead communist level.

>>12603197
The new 7 LCIguys are much nicer than the first one

>>12603036
>>12603037
Not the exact multiple choice answers but those are pretty close. I was only approved for Level 0 with Schwab after they said they would run through some math (and I wasn't ready for that yet), so getting this as the RH qualification right after that Schwab discussion was funny.

>>12603044
What did you do to lose 43%?

FUCK AMD
FUCK LISA SU
FUCK GOLDMAN
FUCK THIS GAY ASS MARKET

10k to invest, where to?

Remember to buy CZR for Superbowl Sunday!

>>12603242
Prob SQQQ

>>12603252
See >>12602925

long or short tesla? is horrible news already priced in or what? has been in uptrend ever since 24th Jan. I don't really get it. Is this another one of those markets gonna market irrationality things?
Tesla as a company is in deep shit, especially if a recession is starting, but would be even if it wasn't the case.

>>12603252

Possibly at add Altria to the list. It's having an oversold bounce right now. I think there is at least 10% upside even if the stock remains bearish long term.

>>12603252
FAANG

>>12603242
SQQQ and SPXS calls and AMD puts.

>>12603285
I mean, the justification for Tesla's valuation is long gone. The only advantage they have at this point is marketing meme magic, and judging from struggling sales, that's not enough. Other car manufacturers have caught up in the luxury segment, and will catch up in the $20k-$40k segment in 2020 latest according to their roadmaps. Tesla has literally nothing fundamental going for it and is wading in tremendous amounts of debt, with falling margins due to EV special treatment cuts.

>>12603116
Yes Standard and Poors Uchicha

>>12603308
Damn son. That's double the JUSTing.

>>12603216
this

>>12603234
ime you wont get anything over lv1 from schwab unless you have like 100k in your account. absolutely ridiculuos imo. because debit spreads with defined risk and LESS lev than naked long contracts are OBVIOUSLY too dangerous for you to use you fucking peasant. now go buy naked long contracts and STFU

also 65cents per contract really twists the knife on the $4.95 per trade unless youre buying a 100 of em (and even then, thats aprox 20+ bucks round trip commissions)

everything else about them is sweet tho

>>12603308
did you at least close all the positions at 3pm for maximum justing?

>>12603308
I love my TQQQ but dont forget what happend Last time Facebooks had thier ER
Its that time again in 30 minutes.

Question, /smg/.
If you buy put options on a company declaring bankruptcy, do those put options still apply to the shares once it gets pinklisted? Like hypothetically, if you saw say, $3 puts trading at $1 an option with an execution date a few months out, say July, and then proceeded to buy 100 options for $100, does that mean you have the right to sell 10000 shares of the bankrupt company at $3 a share and pocket $30000? Like even after they're pinklisted and you can pick up those shares you intend to sell for literal pennies?

>>12603402
>>12603349
They don't expire until March outside of the SPXS calls that will probably expire worthless so odds are I will ride them to 0.

>>12603308
>AMD puts.

same here

LCI still justed, but seems to have possibly found a bottom.
I haven't pulled the trigget yet on this meme stock. Anyone who ISN'T an LCI shill done analysis on LCI and found out why it's a bad buy? I'm too stupid to poke a hole in their short squeeze thesis if there is one.

who snow squall here

>tfw holding QQQ puts
this week has been a wild ride

Ok you can stop going down now, I'd like to keep my 1% gain today

>>12603457
dude im in a god damn blizzard

>>12603445
>I'm too stupid to poke a hole in their short squeeze thesis if there is one.

"Short squeeze thesis" is a weird idea. That's not usually how squeezes work. Squeeze happens mainly on bearish fake outs. You don't get long term warning on that and you don't know where the lower pivot point of a potential squeeze will be. If you're holding waiting for said squeeze, you could be deep in the red and barely break even if it does happen.

>>12603486

pussy

>>12603486
i'm getting alerts on my phone here in the northeast US

>>12603457

Sunny and warm-ish in western leafland here. Forecast calls for -20 C later this week though. Not thrilled about that.

>>12603457
>>12603486
Sunny warm day here in the desert, I think I'm gonna go to the park to smoke cannabis after the markets close

>>12603412
Anyone?

no snow here, it's clear blue skys.

>>12603488
>>12603445
>their short squeeze thesis if there is one.

99.9% sure LCIGuy would post this video in response to your posts (I have no opinion on LCI)
https://www.youtube.com/watch?v=Fi313ZjiQLo

>>12603507
>traps are an aesthetical category

based and cyanpilled

Stop.
Selling.
Let the bull run happen

>>12603510
which company are you talking about

>>12603412
is this about PCG?
you should still have the right to exercise

I know excited bulls don't want to hear it but there is an effective double top on the Nasdaq 100 in play right now. You fellers might want to pump that some tomorrow or this is gonna be trouble.

>>12603563
Good to know. Thanks bro.

Imagine being retarded enough to lose money today.

Ding ding ding! How did everyone do today? I'm up .47%, I was doing a lot better before I decided to perfidiously take a short position at 267.44. WHOOPS

B S T

A

S

E

D

>>12603623
3.5% from based Powell Pump and Boeing.

>>12603606
they're not going bankrupt you dummy

>>12603623
Green day!

test

>>12603623
Green but not as much as spx. Mainly do to my BGS getting RAPED FOR NO REEASON

MNGA was a mistake
This piece of shit is never gonna moon
mother fuck bitch

$GS is super cheap. 7.8 p/e for a massive and powerful bank in a market that is manipulated by the most powerful nation in the world. Ez cheapies to pick up.

>>12603623
up .97% today. good solid day minus T. But their divvy comes on Friday and I'll get cheapies with the DRIP.

>>12603623
AMD calls feeling great
QQQ puts feeling not so great

T I M E
F O R
T E C H
E A R N I N G S

>>12603636
Can we all agree to stop using the term 'bankruptcy' as though it means going out of business?

>>12603632
Up 3.42%!!! BASED

>>12603623

Mixed day. Down 1%. Really good showings from my longs of Cresco Labs and Altria. Powell all of a sudden being dovish accounted for the justing on my tech short.

Excited to see what tomorrow brings. Do I get squeezed out of shorts or no? It seems like a coin toss at this point. Eagerly waiting for Facebook earnings...

No surprises in Microsoft earnings.

>>12603623
+.82%, everything did good except a few REITs

Wish me luck my dudes

Facebook fucking mooning. Zuckerberg kike has does it again.

>>12603623

>>12603679
We lost big.

>>12603679
You are fucked

>>12603648
Should have bought MKC :3

>>12603679
Shorted the bottom lmaooo

>>12603623
>I decided to perfidiously take a short position at 267.44. WHOOPS
dammit SoS i told yall the pullback/crash is at 270
like wtf??lolmao

>>12603679
uh oh fren

>>12603636
They filed Chapter 11 and may have to cancel the old stock and reissue new stock as a result of court ordered restructuring. If the current stock is killed in favor of a new stock then that means the current stock crashes to zero and we're waiting for a new IPO, right?

>>12603623

+0.20%. Fucking TME and gook music. Everytime they manage to fuck up a good thing.

>>12603679
ouch

>>12603679
hey well atleast you didnt go full reddit and get 100+ of them

MSFT beat EPS but slight mis on rev. Everything is up yoy pretty significantly. can't complain, might allow for more accumulation

>>12603703
I'm all hopped up on phenylethylamine and need a RUSH it fuggin looked overbought, figured with 3x leverage I could throw 5k at it and make enough money to get some tobacco products at the store

I hate this retarded market so much

Hurr just buy forever! FUCK IT

>>12603738

>>12603623
Up 4.4% thanks to PYX finally fucking turning around for no reason at all

>>12603679
OOF

JUST

>>12603738
market is up like 80% of the time.. most years a new ATH is hit, why fight it

>>12603737
>need a RUSH
unironically get on the DRUScruise senpai

IM SELLING FUCKING EVERYTHING TOMMOROW IM DONE ILL JUST HOLD BONDS

>>12603667
>Eagerly waiting for Facebook earnings..

Fug. Well there goes my Nasdaq short tomorrow.

why Charles Schwab over Vanguard?

>>12603763
wait, you got 2 year out contracts?
ur fine senpai
just dont look at that position for a bit

>>12603763
Lol. Sold off my call spread at the close for a tidy profit.

Faang gaang is building a spirit bomb

EVERYBODY CHECK IT OUT!!!

>>12603771

THE BOTTOM IS IN GOLDEN BULL IS BACK!!!!

We are going to hit a new ath in 2019 unironically. Trump has to pump up the market to win the election.

Visa on a space mission to the moon

>>12603823
>buying visa
I hope you know that cryptocurrencies will eventually cause this company to go zero.

>>12603679
This is not how you trade options

>>12603835

haha I made fucking $9k today

>>12603801
$145 strike is pretty low though. after following earnings this week i think 2019 is going to go to the moon, run out of fuel, and crash hard once literally nobody delivers.

>>12603806
eh, can't win em all.

>>12603835
>implying implications
if anything visa will create their own coin and use its own blockchain technology. most coins in circulation today will be worth nothing in a few years

>>12603700
if thats you comfy, I bought your Baby Invesco today, dont let me down

>>12603852
On how much invested?

>>12603756
>>12603679
YIKES

>>12603835
>Crypto meme

lmao

>>12603623
Up 2.8% today, making this a very good week

>>12603864
it was a 2.2% gain :^)
im used to losing $1k per day so let me have this ok

>>12603811
>>12603702
>>12603656
very cool and based posts

>>12603835
not based

>>12603847
Nice self-portrait.
>>12603857
Visa has stated that their goal is to remain a middleman for all transactions. This outdated business model is not going to survive.

>>12603623
Up 2% ($415) from AAPL and SCHK. Super comfy, but I wish I could experience one of those massive moon missions though.

>>12603692
>>12603696
>>12603704
>>12603711
Let's hope there is something in the call that people don't want to hear, otherwise oh well. I guess people still value the data gathered from bot accounts.

TSLA: http://ir.tesla.com/static-files/0b913415-467d-4c0d-be4c-9225c2cb0ae0


Q4 operating income stable compared to Q3 at $414M, operating margin of 5.7%
Operating cash flow less capex improved from Q3 to $910M in Q4
Cash and cash equivalents of $3.7B at Q4-end, increased by $718M in Q4
Q4 GAAP net income of $139M impacted by $54M non-cash charge
Model 3 GAAP and non-GAAP gross margin remained stable at >20% in Q4

>>12603894

BABA earnings?

>>12603854
that gives you almost all of 2020 too before theta is even a thing tho
desu if that was a huge portion of your port, just transfer money into a different acct and dont look at it

besides, were talking about "the big one™".
when it happens, its gonna be big. unless the Qs make it to 400 before it happens i dont see the problem. but again, if its gonna psyche you out, put money in a different account and dont let it get to ya. emotional trading is really bad when long, but its suicide when short

worse comes to worse, i can nearly guarantee were gonna see this level were at rn again (since this range is where weve been trading the most volume for the past 12+ months), so youll still prolly be able to B/E if you want, and WELL before theta kicks in

>>12603835
>betting on the collapse of international currency
>but also in a thread about buying stocks

Well, I give up. Buying everything back tommorow and selling my puts. No points of selling this Ponzi ever again when the government made it obvious they would rather destroy the country from within than let it go down.

I have to say after last months rate hike and the snappy market recovery, powell is looking like a brilliant fed chair, if orange man could somehow conjure up a favorable trade agreement, we would unironically see shit skyrocket.

>>12603738
I'm not selling, sorry.

>>12603707
I guess the real question now that I think about it is will this be a long process? Because if they draw this Chap 11 bankruptcy out and trading continues throughout then the put options will become worthless due to time. Grabbing a cheap March put for maximum execution looks tasty, but is it really feasible? Are any of the available put options on the table for this year really feasible for max execution?

>>12603949
i dont see the problem here
crypto is a meme
and a ded one, at that
stocks are backed by a part of a company
crypto is backed by a chunk of hash
companies make money
hash mined by some normalfags GPU when hes browsing porn, generally doesnt (unless a bunch of other normalniggers get tricked into buying it, but they all just got burned last year)

just GTFO of that ded market senpai
and if you need a rush or that alt-coin feel, go trade OTC

>>12603979
>judging macro memes off of what happened in the 2 hrs since powpow spoke
shiggy

why is tesla being so autistic right now

>>12604030
because elons a nigger
he was born in africa after all

>>12603979
Buy high sell low

>>12603790
Because Law and Order was my grandpa's favorite show growing up.

>>12604030
>why is tesla being so autistic right now

I maintain that it trades exactly like a penny stock. There is no gauging what the fuck the thing is going to do from day to day; good news down, bad news up, no news panic sell off, market crash moon... nobody knows.

When is the next recession coming?

>>12604043
>>12604022
based real LCIguy

>>12603941
>unless the Qs make it to 400 before it happens i dont see the problem.
tbdesu i could see this happening.
the FAGMAN are all setting themselves up for high ass expectations next quarter and we might see a repeat of buffet's AAPL fetish if they deliver
might buy some calls to hedge/straddle but i'm not even sure anymore

>>12603949
Let me explain my position. Crypto is not a bet for total collapse. Indeed, crypto is useless without the technological infrastructure. It's more of a bet against government controlled monetary policy. Imo, crypto is well positioned to take advantage of the current policies. Visa is a massive meme and payment processors is a 20th century tech. There is no reason to pay Visa when you don't have to and save money.

>>12603623

>>12604086
the one rule of /smg/ is that we do not talk about cypto
please fuck off

>>12604049
>Law and Order was my grandpa's favorite show growing up

Oh god. I used to watch reruns of that show on a daily basis for years. I'm not sure if I've seen all of them -all of the main original series I mean- but it has to be close. It got to a point where I could accurately predict the outcome (guilty or not guilty) by the 20 minute mark based on the way the episode was edited.

>>12604086
So you think governments are just going to let something overtake their policy? lmao

>>12604081
based detective fren

MSFT after hours -3.4%

>>12604081
correct

>>12604084
hedging is never a bad idea desu
just remember, you can now "hedge" by simply being long the indexes.

in fact, thought experiment time:
stop thinking of your short position as a "short"
think of it as a hedge for your longs that youre gonna buy
add up your deltas on those puppies and itll prolly be around 100ish or a lil less (im speculating, not looking at it sry)
buy that many shares of the Qs and all of a sudden youre perfectly hedged

just LARP like youre a hedgefund senpai

Technical breakout alert for Altria. Oversold bounce went ahead and broke the short term falling trend today on good volume and strong close.

>mfw realizing shitty companies are just using the slowing economy excuse and plenty of stocks are doing great

>>12604086
>It's more of a bet against government controlled monetary policy
hey i wanna nuke the international bank cartel as much as the next guy but this sounds like a REALLY shitty bet m8

>>12604105
OK, stay in denial and add worthless V and MC to your portfolio brainlet.
>>12604114
Already happened

>>12604134
>just remember, you can now "hedge" by simply being long the indexes.
unironically what i was going to do. i don't know what strike/exp i would buy though. maybe also 1/15/21
at this point isn't it not really even a hedge but more of a strangle

>by een? How we say, fumo?
>Ees reedy.
>Damp eet!

>>12604143
How is holding a deinflatory asset that is easily interfaced on the internet as a bet against inflatory policies a bad idea? I'm bullish on all assets. The only thing that I am is anti-fiat.

>>12604138

Also fair warning that financials are out tomorrow. That could throw a wrench in the whole business.

Friendly reminder that chimps are not your friends.

https://i.4cdn.org/wsg/1547336620513.webm

Brainlet investing noob here.
If a large percentage of investors came to the conclusion that the market was broadly overvalued then prices would fall, right? Unless you believe market prices growing exponentially is sustainable then it's overdue for a correction. But isn't the average P/E ratio for the S&P 500 something in the 20's? From what I've read it sounds like a stock isn't regarded as overvalued unless the P/E is up around 40 something or more... are companies just making that much more money or are low interest rates part of why the market is running so "hot"?

>>12604180
Nobody tell Rogan about Mandrills.

Before you are impressed I am the guy who lost 25k in hmny

>>12604186
>what happened
people realized dividends were a meme, companies optimized to have near zero earnings

>>12604143
>>12604086
also
>government controlled monetary policy
>govt
FED != govt
sry senpai
time to read a fuckng book

>>12604155
no no no
screw taking on more really long options contracts
im saying buy SHARES of QQQ equal to the amount of your collective deltas on those two options contracts

if you cant get enough to cover all your deltas, then i guess you can get an option contract to puff it up a bit, but remember the total loss risk youre taking on in that scenario as well as all the other greeks and whatnot

>>12604172
>How is holding a deinflatory asset that is easily interfaced on the internet as a bet against inflatory policies a bad idea?
because the FED doesnt lose.
period.
thinkng that they will and worse, betting money on that idea, is fucking retarded.
all imho of course

>>12604180
>mug you
>fuck your ass
>fast twitch muscle fiber
what did he mean by this? Also if you want to get spooked look into Rogan's old business associates from the 90s and their associations with other mouthpieces like Alex Jones

>>12604205
don't feel too bad, Verizon lost 4.5 million on their investment in HMNY

>>12604220
>look into Rogan's old business associates from the 90s and their associations with other mouthpieces like Alex Jones
How do you find it? I assume a simple google search wouldn't work.

>>12604180
based and redpilled

>>12604237
YEa but they’re not a poorfag wagecuck

Is RobinHood bugged or did something happen? Everything is tanking AH hard.

>>12604220
>if you want to get spooked look into Rogan's old business associates from the 90s and their associations with other mouthpieces like Alex Jones
you mean the humble water filter salesman and the talkshow host known for hosting """dissident""" opinions on his show are both assets?

color me shocked

>>12604129
Wait for the CC. Guidance will be stronk.

Should I lock in the profit

Only two more rate hikes this year!!
https://www.cnbc.com/2018/12/19/fed-hikes-rates-by-a-quarter-point-.html
Now if donald can end the trade war I can buy calls on QQQ!!

>>12604213
yes, my bad. fed controlled monetary policy is still inflationary, which is the point. i own all different kinds of assets. having a small bet for crypto is not dumb imo. of course, this is a matter of opinion. crypto is just a part of my portfolio and that's all.

>>12604213
>im saying buy SHARES of QQQ equal to the amount of your collective deltas on those two options contracts
so brainlet question, sum of the delta on them are like -.5719. are you suggesting that i literally buy 57 shares?

>>12604138
>>12604173

Another big vice breakout today. Constellation Brands. Buy volume not as good as Altria's, however, earnings call isn't until April 1st so plenty of time for run up before any doses of reality are likely to rain on the parade.

>>12604333
ER is tommrow right?

>>12604352
yes exactly
you do that and your port wont change at ALL. then you sell your Qs when you think were topped and flip short or just let your puts ride
now if you dont have that much dosh, you can buy some shares, then the difference between that amount of shares and your deltas, you can make up for with a call that has the delta of this difference
end result pretty much the same, but youve just added in theta and vega as well too so its less of a good hedge

>>12604347
naw its kinda my bad tho
i always just assume anyone talking crypto in here is like the rest of bizraelis and holding 100% crypto (cuz they usually are)
if ur diversified, do ur thang

still dont think crypto will move up significantly for a few years (bic related)

>>12604298

No bug. DOW and S&P look decent for continuation but there's a problem with the Nasdaq 100. It only set a higher high by $10 today and closed below the previous resistance of $6816. For TA purposes I am counting this as a double top until futures show otherwise.

>>12602608
I'm glad the AMD bears are getting their just desserts. I tried to tell people, months ago, that they're the real deal this time around(I have the background to know). I was just early, it's going to start to show now. Expect mid-30s by summer.

>>12604380
DEO is the only alcohol company I own. Most of the others are all weighed down too heavily by some shitty beer company and most liquor companies are privately held. It's as close to a pure liquor play as I could find. Beer is another boomer business on the way out and the basedboys buying craft beers will disappear thanks to national selection.

>>12604333
> $1685 per share
> close @ $1670
what profit?

>He didn't buy REFR

https://youtube.com/watch?v=tbj9hZAF4I4

>>12604428
>DEO

Funny enough, this one broke bullish today too. I guess market is confident in vice stocks right now for whatever reason.

>>12604298
The data is only different on RH right now. All gains on all stocks on RH reverted to 0. The fuck are you smoking.

>>12604417
seems cool. i don't feel comfortable buying $10000 worth of shit on margin though
(i'm currently a fucking NEET who's waiting on a job interview)

>>12604417
Wyckoff's model is based on the wall street's behavior. Crypto is a purely quant-driven market, so I do think that crypto will recover quicker than you may will expect.

RN, my strategy is to hold most of my money in hedges (crypto and metals) and grow my value through SPY/QQQ calls.

40% metal
30% crypto
30% bullish calls

>>12604457
Because they perform well in a recession which is obviously on the way and didn't get pumped much in the bull run.

Who here /comfy/ listening to TSLA's EC ?

>>12604557
remember: no boneheaded questions

>>12604558
Musk is stuttering like fuck wtf

>>12604557
Just tuned in. I wish more companies gave out public call-in numbers. I listened to NIO's first CC on the phone after going public last year and it was maximum comfy. Operator asked all sort of questions about who I worked for and everything but let me in after saying I was basically just interested in hearing it.

WHERE MY SQQQUAD AT?

WE TOOK A BEATING TODAY BUT IT'S ALL GREEN FROM HERE BABY.

We're reaching levels of dead cat bounce that shouldn't be possible

TSLA call

>https://edge.media-server.com/m6/p/2ck8auvi

>>12604580
Musk always stutters.

>>12604405
Yes
>>12604447
Hold my beer

>>12604505
>Wyckoff's model is based on the wall street's behavior
right, but large banks ate all the whales
itll be a little different looking of an accumulation pattern. but to be sure, those banks arent gonna be letting it get too high BEFORE they get in

>>12604492
lol
fair
but to put it in perspective, you are currently short an aprox $10k position on the daq. if you buy that same position value in QQQ shares you literally cant lose money (for two years at least). and bear in mind that as your puts strikes get farther away and time passes, those deltas will get closer to zero.

the whole thing with buying $10k shares on margins is scary, sure, but not nearly as scary as HODLing a $10k short with absolutely NO protection

>AMD

TSLA profitable for all quarters going forward

>>12604596
all of Sqqquad is dead
This post was brought to you by the Faang Gaang

>>12604492
literally just close your short. shorting is retarded. if you must be a bear, be a bull on a hedge.

>>12604596

Still hanging on. Might get squeezed tomorrow. I have things set up in such a way that I should break even if my longs stay bullish while Nasdaq goes bullish.

>>12604615
>bear in mind that as your puts strikes get farther away and time passes, those deltas will get closer to zero.
yeah that's what i'm scared of

>the whole thing with buying $10k shares on margins is scary, sure, but not nearly as scary as HODLing a $10k short with absolutely NO protection
it's because i have no income right now that i'm fucking terrified of margins. i'll be more open to it once i become a wagie

In a word? Euphoria. That's what we saw today

I believe in AMD taking on Intel and Nvidia -- but I don't believe in +20.5% in 1 day

I will be opening a $50k short on Fri.

>>12604615
exactly. that's why it will rise faster. the information is not suppressed due to its blockchain tech, and when bots detect the movements from large wallets. you will see the attention on crypto climb parabolic.

>>12604659
>I will be opening a $50k short on Fri.

Ooh! Spicy.

BREAKING GALT NEWS
ANOTHER INSIDER PURCHASE BY BILLIONAIRE RICHARD UIHLEIN

http://www.conferencecalltranscripts.org/4/summary/?id=5711037

GALT UP 3.4% POSTMARKET
INSIDER PURCHASE BY BOARD OF DIRECTIONS RICHARD UIHLEIN (a billionaire)

http://www.conferencecalltranscripts.org/4/summary/?id=5711037

>>12604680
Good to be in GALT. Good to be me (and you).

>>12604693
>BOARD OF DIRECTIONS

chairman of board of directors*

>>12604693
>GALT UP 3.4%
>3.4%

>>12604693
>GALT UP 3.4% POSTMARKET
it's not though

>>12604672
It's really bland actually.

>>12604723
4.5%, my bad

https://www.nasdaq.com/symbol/galt/after-hours

>>12604653
>yeah that's what i'm scared of
you shouldnt be
that means that you will be losing money at a slower rate per dollar move in the daq

>it's because i have no income right now that i'm fucking terrified of margins
fair
but remember what options are senpai
you basically did just that by buying those contracts. but instead of putting up with interest payments on borrowed money, or margin requirements bullshit, you just put up the entire size of your position as collateral

how many shares of QQQ can you afford rn?
another thing you could possibly do is get aprox $3333 sized position in TQQQ, but thats not gonna be perfect because of how the daily reset on lev works. and its also adding even more lev atop the lev you just took on, which is inadvisable to someone who doesnt seem to fully understand derivatives (no offense)

SQQQad??

>>12604596
Recession they said... Market crash they said...

MSFT NO!!!!!!

>>12604775
perfect time to buy more, i'm hoping for it to hit $95-$96 to increase my position.

elon just laughed at Waymo's valuation

>>12604775
Better report than Apple yet it tanks when Apple pumps 10%.

If MSFT has a dumb boomer cuck like Buffett pumping billions into it every week because "muh dividend muh 100 billion in a savings account" it would be worth trillions.

>>12604775
>>12604796
based

time to add to my well under $100 average MSFT cost

Long EXPD for tomorrow? Feels right.

>>12604753
>that means that you will be losing money at a slower rate per dollar move in the daq
doesn't it also mean that i make zero money back as it declines?

>how many shares of QQQ can you afford rn?
like about 20

>(no offense)
dude i'm a retard neet who's fucking around with meme money i got from getting lucky with AMD and AMZN last year

>>12604762

>>12604826
outlandish volume on calls

>>12604762
>>12604828
>>12604596
SQQQuad gang hanging in tough. Next week is ours.

>>12604868
I always have a tab open with that dude. He has been getting JUST for months.

>>12604868
>>12604880
is that your social media, sir. No I will not follow you.

>>12604868
>>12604880
Yikes. Imagine being wrong and digging your heels in to the point that you're blowing out your account.

>>12604896
He shorted SPY and Netflix at the actual bottoms. He usually rages more than that.

Have you guys ever popped a boner pill just for fun?

>>12604919
yeah, dick was hard all day. had to see a doctor to get it drained

>>12604868
>>12604880
>Start laughing at his retardation
>realize I essentially did the same thing today
I did it for "smart reasons" though
>>12604919
Yes, I really like the taste of some gas station dick pills so if I'm dieting I'll eat some instead of candy.

>>12604905
>>12604896

why does anybody short anything lmao

its like the markets always go up just long stuff forever

>>12604954
people are greedy man. being 24 and having money is a lot cooler than being 34 and having money.
also being against the trend and winning makes you feel smart even if it isn't deserved and dopamine fires and wires.

>>12604954
exactly
the market will always tend towards bullishness in the long term as the economy expands
bear gains are short and quick, bull gains are steady and long term

Making new thread, stand by...

>>12604947
too many levels of irony man this literally conveys zero meaning

>>12604973
my SNAP short lasted months, and it was fun nonstop. : )

>>12604828
because you bought out so far in time, your deltas will remain relatively flat for a while in either direction. theta is a non-issue for, imo, the next year to a year and a half. it adds up, sure, but its also a logarithmic curve, so it wont get brutal till the last 3 months (plus you only have 2 contracts, not 200). the closer your contract is to strike, the closer its delta will get to 50. as it moves away, your deltas will get further away. but again, since you got so much time on em, there is still a serious possibility that, even if the Qs go up another 20 bucks, that it could come back down again (and it ALWAYS goes down faster). as such, this change in deltas will be FAR less dramatic than the contracts of the same strike but expiring out 3 months from now.

you did the right thing by buying such long term contracts for a macro move like this, and with options, its hard to "wait until the move is confirmed", as by that time the contracts will have already doubled in premium. the problem is, you didnt seem to realize that, by buying those, you were signing on for a $10k sized short for the next two years.

look for that options book on "options futures and derivatives" by something hull i think his name was (check "libgen dawt io" for any books). people scoff at me when i say learn the maths before trading options, but this is EXACTLY why i say that. you claim to be afraid of buying $10k of Qs long on lev, yet you just did a more convoluted version of this, but on the SHORT side of the stick.

learn maths first.
trade options second

>like about 20
hold on for a few minutes senpai i gotta crunch some numbahs
i got you tho
just promise me youll study hard

also
is this money, for the 20 shares, money you need to eat/pay rent? or is this all money that you can afford to "lose" (by that i mean: you can trade with it over the next few months)?

NEW THREAD COMING AT YA COLD AND SNOWY

>>12604996

>>12604996

>>12604996

>>12604996

>>12605003
>you claim to be afraid of buying $10k of Qs long on lev, yet you just did a more convoluted version of this, but on the SHORT side of the stick.
i'm afraid of getting margin called for 5k and not being able to cover it. by buying an option my loss was capped at my premiums, or at least that was the thought process.

>just promise me youll study hard
uwu real talk i should probably just focus on my career.
might be fun downtime reading but i don't know if i'm cut out for it with real money. i get way too emotional

>is this money, for the 20 shares, money you need to eat/pay rent? or is this all money that you can afford to "lose" (by that i mean: you can trade with it over the next few months)?
it's my other positions. i close out a couple of calls and sell some SPY and i'm left with the cash

>>12605107
>it's my other positions. i close out a couple of calls and sell some SPY and i'm left with the cash
perfect

alright, so heres the plan:
>1) buy 15 shares of QQQ
you should have like $800 left over
this $800 is what we will be using to buy a QQQ call with to pad out your hedge
since you you have 15 shares long QQQ now, and youre (technically) short 57 shares rn, this brings the net short position down to you being short around 42 shares of QQQ (or a $7k sized short). not bad, but not great
now we
>buy an april 18 2019 QQQ call
the strike you choose is what determines how good of a hedge youre gonna get
since the remaining short position is 42 shares, youre looking for a strike that has a delta of close to that. rn its the 170 call for $420, but that will be a little different tomorrow since were up AH. if you choose a delta of LESS than that, it will still leave you with a net short position (subtract the delta of the call you select from 42 to get this value), but a MUCH smaller one.

now what will you do with this call? well, you will hold it for NO LONGER THAN 2 WEEKS (preferably only one). if you go past that, theta will start robbing you HARD (and if its still OTM by then youll lose a few deltas too, but not too much desu). you DONT want that. so if two weeks goes by and the market is still climbing higher, you will need to
>3) rollout to a new call
rollout is when you sell the current call you have, and use this premium to buy a new one at a later expiry. youre looking for another 3ish month till expiry call. you will select this call based on the deltas, with the point being to make your net position as close to zero as possible. you WILL lose some to theta, but if the market keeps going up, you will make it back in the fact that the call premium will increase as it gets closer to strike.

then
>4) rinse repeat
you can continue this method indefinitely if the market continues upward further, and lose a SUBSTANTIALLY smaller amount of money

>>12605199
to add to this, if we get to a point where the market starts to pullback, you will sell your shares, AND your call. and suddenly you are gonna be back to making money off your $10k sized short

sry if this is complicated, but thats as simple as i can make it. you should, tonight, learn about "rollouts" for options, and try and learn how theta works (check investopedia)

>>12605199
>>12605225
hm, neat
t-thanks uwu

$170 4/18 call is less than $420 rn but it'll probably go up tomorrow.
it might be a bit weird to sell my calls tomorrow though. i have $22 AMD calls that expire in a month and god knows what the fuck that's going to be worth in the morning

so if i'm reading this right, the 3 ways this could go are:

1) i reverse my position and go for positive net delta if i'm starting to feel bullish
2) try to time the market and sell off my long positions when i'm ok with the the loss, think the market is falling, and/or emotionally break
3) i hold everything, maybe roll up my $145 up to something higher if QQQ is too high for my tastes?

does that seem about right or am i misunderstanding?

>>12605225
>>12605470
tho i suppose worse comes to worse, you should just ditch one of the puts you got, which should leave you with some spare cash to buy enough stock to cover your negative deltas on the remaining put

remember:
however big your delta is on your puts, thats how many shares you need to buy in order to hedge. this will change slowly over time, but you will be SEVERELY limiting the damage

personally, i think that the market will hit a wall this friday and either pull back, or crash out hard again so you might not be as screwed as you think you are desu (tho liquidity on contracts gets kinda thin when ur out 717 days lol)

heres a pic of what it would look like if you took on this position >>12605199 into close. you would actually be MAKING money by the time QQQ hits 167.20

desu tho, i feel a little uneasy about recommending you to trade more options lol.

>so if i'm reading this right
eh kinda

>1) i reverse my position and go for positive net delta if i'm starting to feel bullish
the goal is to have NO deltas

>2) try to time the market and sell off my long positions when i'm ok with the the loss, think the market is falling, and/or emotionally break
if you have net zero delta, you will not be losing money (overall at least. the puts will lose some, but it will be counteracted by your call and stock)

>3) i hold everything, maybe roll up my $145 up to something higher if QQQ is too high for my tastes?
the rollout is for the CALL. NOT for the put. youre trying to make it so you lose as little money as possible on the way up by making your net delta as close to zero as you can

desu you might want to consider the idea i posted in THIS post since youre new to derivatives. youre MUCH better off hedging your puts with QQQ shares alone, NOT QQQ calls, because of all the other shit that goes on with options.

remember:
1 share long = one less delta on your put position
+/-10 delta means youre position will move like 10 shares long/short

>>12605470
>>12605587
oh shit
i didnt see that volume on those contracts
youre gonna have a HELL of a time ditching either of those puts senpai
you were the only dude who bought one today
you might HAVE to do the rollout on them

>>12605654
>you might HAVE to do the rollout on them
AAAAAAAAAAa
i meant do that rollout strategy on the calls like i said in >>12605199
DO NOT try to rollout the puts
you will get kiked HARD by the spread for like 200 bucks

>>12605654
>desu tho, i feel a little uneasy about recommending you to trade more options lol.
lmfao i feel the same at this point
>you were the only dude who bought one today
didn't buy em today

>>12605709
well with any luck, muh theory is right and SPY is gonna bounce hard off of 270 and pullback/crash, Qs will prolly follow more or less, and then we will be back down to at least your B/E maybe as soon as next week. and if the market starts tanking, youre gonna have no trouble getting rid of those puts. but until then, its gonna be harsh.

rule of thumb, if no one else is buying the options (ie theres no volume on em), DONT buy them. the spread on those puppies is 200 bucks wide so if you bought and sold them immediately, you would lose around 200 bucks (which fucking HURTS)

so all in all, this strat >>12605199 , while complicated, will leave you with extremely minimal loss.

doing nothing will hurt a LOT until/if it goes down again.

doing this >>12605587 (ie eating one of the puts and using that cash to hedge by buying stock) will lose you a couple hundo immediately from that AWFUL spread, but will hedge you perfectly after that point

its up to you i guess, but do your research senpai and pls dont sue me if shit goes crazy lol

>>12605819
yeah, the spread and volume were a lot better when i bought them tbdesu

>pls dont sue me if shit goes crazy lol
lol fuck off tripfag i'ma doxx you

>>12605819
uh thanks for helping a dumb kid out tho uwu
i'm probably gonna stay away from options for a while tbdesu

>>12605894
>>12605973
np bud
and definitely sue big5 and post results

>>12605999
aight then, sorry for being dumb uwu
probably just gonna roll out calls and resign myself to wagie life.

>>12604724
Better post proof. Put up or shut up.