/biz/ - Business & Finance

I hope Comfy doesn't disappoint his friends and family as often he does us when he claims he's going to host a movie for movie night

Dip you guys get anything from blockbuster fire sales? I got some N64 games that I'd probably rented 100 times their value growing up.

>>13170221
>Blockbuster
They still exist?

>>13170243
>When you think about the market so much you constantly type "dip" instead of did and "buy" instead of but

ktf?

>>13170254
there will be exactly one store left on the planet as of tomorrow

https://www.theverge.com/2019/3/7/18254381/last-blockbuster-usa-world-australia-closing

Movie night movie night!
Due to Comfy's STAGGERING incompetence I have wrested control of our tradition. Get in here
Tonight's feature is The Warriors (1979)

>>13170260
Fucking hell I hate Netflix so damn much.

>>13170261

>>13170209
find different friends?

>>13170248
true to an extent

>>13170261
A bit late at night for me this time (I have to wake up early on the weekdays for my internship), I'm going to do some homework and then go to bed
Comfy is really amazingly incompetent, though

>>13170178
I've looked into it more, Satyas sale was only 30 percent of his MSFT holdings. Is it still a sell signal?

>>13170261
>>13170289
I think Sundown should be the official new movie night host, tho
All Comfy ever does is disappoint us in this regard

I can get a realtime websocket/FIX ticker connection to any crypto exchange for free. How do I get this in stocks? HFT traders obviously have it so it definitely exists. Not being able to stream prices in realtime is the only thing keeping me out of stocks. Little help?

>>13170275
>find different friends?
Fuck no, these nerds are going places.
I care more about world domination than girls that need to feel "included" in the boys only club or banging sluts

>>13170295
30% (or 1/3) is usually the most common way people lock profits on a stock they intend to long.

So glad I today not wasted on a pornography addiction

researched companies
Went to gym
Networked and got sunschine
Read books and developed professionally

Life is what you make of it Bobos

>>13170295
>I've looked into it more, Satyas sale was only 30 percent of his MSFT holdings. Is it still a sell signal?
That sounds like a fucking ton.
If bezos stuck a third his net worth into straight cash or other companies rather than AMZN, wouldn't that be a massive sell signal?
Sounds like he lost a lot of faith in his company

>>13170336
boys only club? going out isn't a boys only club.. fuck that group.. fuck that group of high fiving guys.. it's about having a group of friends you can actually communicate with and do things with without being complete fucking idiots in public.

I've always been friends with people on the more "nerdy" side.. but i also have friends that aren't into nerdy things... gotta have friends from all walks of life imo..

>>13170300
>>13170229
anon you got some 'splaining to do

>>13170361
>Sounds like he lost a lot of faith in his company
Or he's not stupid and knows we're about to have more than a correction. MSFT might not have anything to do with it

>>13170298
>>13170289
I don't see how people are at all suprised at comfys failures.. that guy is literally a failure at everything he does.. there are some people that are just failures...

It's Saturday night why are you losers still talking about stocks

>>13170369
>boys only club? going out isn't a boys only club.. fuck that group.. fuck that group of high fiving guys.. it's about having a group of friends you can actually communicate with and do things with without being complete fucking idiots in public.
>I've always been friends with people on the more "nerdy" side.. but i also have friends that aren't into nerdy things... gotta have friends from all walks of life imo..
Have you seen the way that autists get when girls are around?
They can't be themselves. That's not fun for them.

>>13170425
It's an "in" weekend.
I don't feel like going out tonight.

>>13170425
I'm a fucking loser with no friends and no hobbies besides exercising and stocks.

>>13170451
Hey. Hey! HEY!
You do not work out and get big for girls. You do NOT strive to look like a Roman god in order to impress the girls. You strive to look like a Roman god because you want to look like a Roman god. You strive to look like a Roman god for YOU.

>>13170435
>Have you seen the way that autists get when girls are around?
>They can't be themselves. That's not fun for them.
yeah.. i know.. i have some friends that I can't really take anywhere.. like at all..

>>13170425
why not faggot? just because it's Saturday you're supposed to go out and do shit? I got coked out last night and banged this girl till sun up.. id say its a good night to chill and do my homework and shit post on 4chan

>>13170491
>yeah.. i know.. i have some friends that I can't really take anywhere.. like at all..
Buddy, ever heard of Steve Wozniak?
Those autists are the fucking key to world domination.

>>13170631
yeah.. thats why i remain friends with them.. i can also communicate with them well.. which is important to me..

>>13170425
Just got back from the gym, got invited out by some friends but declined because I want to watch Lord of the Rings and play some video games. I've been talking to a girl, but I cancelled out date because of work and she hasn't texted me in 4 days now. I won't text her because I'm a fag.

>>13170657
interesting story bro

>>13170657
I went 6 days without texting a chick before the 3rd date or so, but she still wanted to hang

>>13170717
I went 2 weeks without calling a girl after getting her number once
She didn’t answer or call me back

>>13170717
We haven't even been on a single date yet. I always do this, do to the trouble and getting a girl's number and then if she doesn't chase me off the bat I don't try and never hear from her.

>>13170221
If Gamestop management wasnt filled with hotheaded retards, it would be a great stock. All they need to do is tell the activists to fuck off and keep plowing through while doing share buybacks.

>>13170834
I wonder how many people hated the minimum wage teenagers charging them late fees at blockbuster...

Why is GALT pumping? Haven’t seen it hold 5 for a while what’s the news Pen?

>>13170732
>I went 2 weeks without calling a girl after getting her number once
>She didn’t answer or call me back
She sounds like she probably wasn't worth the effort

>>13170822
>and then if she doesn't chase me off the bat I don't try
Sounds like a strategy. I like it.

>>13170834
What activists?

Anyone invested in DF? Thinking of selling, I only have around $300 to work with and I'm starting to think it isn't going to take off.

>>13170732
you dont say...

>>13171009
sounds pretty alpha to demonstrate so much indifference

>>13170254
>>13170260
>The last Blockbuster
https://mobile.twitter.com/loneblockbuster?lang=en

And I was just there today! Their twitter comments are pure gold

new thread >>13171191

>>13171193
kys

>>13170822
This is a recipe for terrible relationships down the road. To find a quality woman you need to cast the widest net but you are only open to the subset of women that choose you with your strategy. And let's be honest, women that have to chase men are usually not of the highest quality. I've watched my brother do the exact same thing and he even frames it as something he's prideful about. Then he wonders why he has the worst "luck" with women.

>>13171231
ur mom

>waste a whole day on self-destructive habits
>just want to go to sleep and have a clean slate tomorrow
Help me

>>13171288
no u

>>13171294
>waste a whole day on self-destructive habits
I've totally wasted the entire day as well.
Define self-destructive habits though.
Drinking? Are you drinking alone and by yourself? Yeah, you shouldn't be doing that. Dump all your alcohol and don't buy anymore.
Drugs? Throw them all out. Don't use them up, just throw them out. Do not buy more.

>>13171326
>Drugs? Throw them all out. Don't use them up, just throw them out. Do not buy more.
haha. Yeah right

>>13171326
>Drinking? Are you drinking alone and by yourself?
To be clear, I've definitely done this, but it's not a "problem" for me. If it's a "problem" in that it's what you're classifying as a self-destructive behavior, then you should dump it.

>>13171336
>>Drugs? Throw them all out. Don't use them up, just throw them out. Do not buy more.
>haha. Yeah right
It looks like we've found the root of your problems.
Let's keep this conversation honest.
Of course you don't want to throw out the drugs. Wouldn't that be wasteful?

>>13171336
Do you think that you'd be able to handle not buying more?
When I find that I'm drinking by myself a lot and I want to cut down on it, I don't buy more the next time that I go to the store.

>>13171340
don't you take adderall?

>>13171363
It's a prescription from my doctor.
I would not be a developer at Amazon if I was not taking Adderall.

>>13171366
prescription or not.. it's still a drug....

>>13171387
Correct, but it's not one that I'd call a "self-destructive habit"

I'm also drinking alone right now. That's a genuine self-destructive habit, as well as drinking in general... but it's one that I feel that I have control over and am not asking for help with.

>>13171387
It's not a drain on my wallet. In fact, although I have to pay for it, it enables me to make more money.
Although it certainly doesn't have a "positive" impact on my health, the negative impact seems negligible.
Yeah, it's a "drug" though. I've definitely misused it a couple times as well.

>>13171443
>>13171403
it's still a drug though.. but i know what you mean.. it's not like a cocaine or meth addiction.. but it still is a drug..

https://www.thestreet.com/markets/lannett-rises-adderall-distribution-agreement-14892045?puc=yahoo&cm_ven=YAHOO&yptr=yahoo

>>13171450
I actually switched to Vyvanse when I heard that it was going generic (or my parents told me to because I was still basically a kid).
I do not 100% understand the implications of when a drug goes generic and the whole pharmaceutical industry pisses me off.

2 scoops and lclguy >the thread

>>13171501
It's 1:30am pst / 4:30am est.
If somebody else has something to say, then they should fucking contribute to the thread.
Otherwise, it sounds like those guys with self-destructive habits aren't prepared to confront their problems and nobody else is online or has anything to contribute.

>>13171450
Hey man, the chick that I was dating had a rolled up dollar bill on the counter.
She said she was hanging with friends, and they definitely smoked weed, but what was with the rolled up dollar bill.
Is there anything else you can do with a dollar bill besides snorting crack? You definitely don't use a rolled up dollar bill in any manner for just smoking weed.

still like 28 hours until market open FUCK

>>13171615
If you want to trade something on a weekend get yourself few bitcorns. But since I got back to it I fucking hate the market that does not close.

>>13171884
I don’t get how there’s anything interesting in trading crypto.

Maybe with forex, you have news events and can observe what’s going on with a country. Demographics, trade, natural resources, imports, whatever factors you need to speculate.

But with crypto, the only even I can think of that got mainstream news coverage was it getting banned in South Korea, if that even ended up happening. How can you buy low and sell high if there’s no real catalysts, just a bunch of people organizing their own little pump and dumps, and applying Dow theory to graphs.

>>13171923
I'm trading technicals to not trade technicals in stock. Just a fun thing to do. That being said there are events like chain upgrades (LTC price is related to this very much), exchanges hacks, exchanges fails, most importantly bank relations and futures expiration dates. It's a wild west and I like it. Pretty fun to trade with small amounts of money.

>>13171987
what about mining? Any way to do it for minor profit with a spare tower? maybe if you're not paying for internet/power?

>>13172077
IDK. I have a fren who mines ETH. So far he mines like 7eth for almost year of work. Maybe more now. But I can surely do better than this with trading.

I don't have any angle for trading forex or crypto
thos markets are for nerds anyway
just gotta wait for Monday morning

these threads _dying_ during euro/nip hours, very sad

Bought and sold shares of CCO on Friday. Made a 50 buck gain in6 hours. Not bad

>>13172790
very nice !
remember: the most important gains we make are the friends we gained along the way

>>13170834
Well they got a new CEO so I guess let's see how they fair

>>13170871
no news yet, but potentially a lot coming up (finalized phase 3 NASH trial design, extension cancer data, possible partnership/BO)
when we actually get news, it'll pump much, much harder than this

>>13172842
Short social connections if you live in a city. The coming crash will make them worthless, or even turn them into a liability.

>>13169400
If you think chicks are gross you're probably gay. If you're not willing to put up with a little bullshit to get pussy you're never going to get laid. And you are gay

>>13173207
>If you have standards you're probably gay

you're right, all men should be desperately prostrating themselves before crusty bar whores and begging for the chance to put their dicks in their festering yeast holes

I hate capitalism, but I invest.

>>13173128
i'm so autistic my social connections know not to count on me
that being said my bug-out plan is garbage from my current location (Chicago far western suburbs)

>>13173227
based gays

>>13171403
I only took aderall twice but it caused me to miss out on fucking the hottest girl I ever had a shot at bc I couldn’t get hard :)

>>13173313
same

>>13173313
because you're poor. I hate capitalism until I make it and then fuck everyone else

So im thinking about trying to find a good spot to short oil and the market tomorrow (they will spike first, judging from friday behavior), betting the PMI will be down bigly. What do you guys think?

oh no NO NO NO NO
AAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>13174258
Dont even bother posting if you're a poorfag

Stock positions general

Stocks you hold
VFIAX
MSFT
BA
NIO

Stocks your boomer parents hold
MSFT
BA
BRK.B
AMZN


Microsoft Family best family

>>13171583
yeah.. you can snort all sorts of things with a rolled up dolllar bill

>>13174269
>Dont even bother posting if you're a poorfag
post your portfolio

>>13174258
stop being so emotional and revise your strategy
my advice would be to stop messing with options
you can definitely recover from this in the long run as long as you have a source of income

>>13174281
>Stocks you hold
GALT

>Stocks your boomer parents hold
My parents have always been very private about their finances, they won't tell me

>>13174269
I'm trying to not be a poorfag you sniveling bitch
I WANT TENDIES MUSTARD KETCHUP

>>13174295
>I WANT TENDIES MUSTARD KETCHUP

then buy KHC u bitch
buy KHC
u
bitch
duh

>>13174295
Get a good job, then start investing you plebian.
>>13174286
Not going to post my positions but check'em

>>13174322
noice
everyone starts somewhere, though
it's better to get experience while you have a small amount of money so that you can minimize the impact your early mistakes will have, imo

>>13174322
>>13174334
why just blindly put 100k in the market when you have no idea what you're doing when you can put 1k in beforehand and actually get a feel for what to do with that money without losing it all

better to lose $600 while you're young than $60,000 when you're older

>Poorfag
>Have literally no idea what I am doing
>Have made $3 so far

>>13174349
>>13174334
>>13174322
having more money doesn't make you a better investor in itself
if you give someone who has no clue what they're doing a lot of money, then all they are is a dumbass who loses huge sums of money, instead of a dumbass who loses small sums of money

>>13174389
So money has a subjective value huh? sounds stupid, and presupposes that a man would play with $100.000 just like he would with $1000

>>13174405
>So money has a subjective value huh?

what did you mean by this

>and presupposes that a man would play with $100.000 just like he would with $1000

unless you're someone with much more experience and knowledge than most people here have, the best thing to do with that much money is to just stick it in index funds
just having money sitting there in index funds isn't something that would give you any reason to check the markets regularly

REFR

>>13174258
>investing in a biotech running up to data and holding

I know that feel. i like 10 k slip away this week because I forgot to lock profits.

>>13174405
>presupposes that a man would play with $100.000 just like he would with $1000

I was more frugal when I was investing 500 than I am investing 25000 because I'm playing primarily with gains

>>13174426
>what did you mean by this
You implied in >>13174389 that if you gave a dumbass more money, it wouldn't help him (he would just lose more money).
This means that the value (or rather: "potential usefullness)" of money is subjective
>give 100.000 to a genius, and he will turn it into millions
>give the same amount to a dumbass,and he will turn it into nothing
This is the main reason for a flat tax, and capitalism in general (that some put money to better use than others and so, in a just system, deserves it)

i wonder what this fag>>13173726 thinks about your outlook

sp now flirting with resistance again, when over 2800 market enters so called "death zone" (above 8000 meters) where there is no enough oxygen levels to breathe ;)

>>13174491
I think we're done crabbing because everyone thinks we're gonna keep crabbing. Puts will get absolutely fucked

>>13174510
eventually will push thru then it probably goes with force

>>13171049
Ew, I hate Blockbuster now.

>>13174490
It doesn't necessarily follow from "a fool and his money are soon parted" that those with more innate genius or knowhow will use money for more effective measures and thus be richer. If you are incompetent, you will probably loose your money, but even if you are competent it is still a random walk in terms of long term success. Being a good hedge fund manager one year has almost no correlation with being a good hedge fund manager the subsequent years, that's been statistically confirmed.

Competency is just one reason why someone can be poor, and so from the perspective from a neutral observer the information that someone is poor doesn't necessarily tell us anything about their competency. So too can rich people just delegate their wealth management to competent people, and it doesn't necessarily tell us something about their actual capabilities.

msft goina hit $130
Nio goina hit $10
Ba goina hit $400

Feels good I accumulated some cheapies only wish I had more money

https://www.youtube.com/watch?v=EFJ7kDva7JE

>>13174769
type of music a fucking transvestite would listen too

heres some good shit

https://www.youtube.com/watch?v=FZWHVo-t2Vo

>>13174726
>Competency is just one reason why someone can be poor, and so from the perspective from a neutral observer the information that someone is poor doesn't necessarily tell us anything about their competency. So too can rich people just delegate their wealth management to competent people, and it doesn't necessarily tell us something about their actual capabilities.

Typical leftist obscurantism

>>13174791
has a pharcyde feel

>>13174799
>Typical leftist obscurantism
>when you don't know what obscurantism means
Meritocracy is a fantasy. I've worked in government agencies with more meritocracy than capitalism!

>>13174369

Kek

>>13174919
>I've worked in government agencies with more meritocracy than capitalism!
Explains your outlook. You are a bureaucrat, and think that humans are capable of judging what is good and bad and what should be done by following the right rules and principles.
But the only way to achieve efficiency, as that seen in true meritocracy, is letting people act on their own with natures own truth as the only teacher. All your regulations and rules are ever going to be are mirrors and smoke hiding and skewing the incentives that nature provides us to create real wealth and prosperity.

Also most government agencies do literally nothing but push paper around. So if it as a closed system manages to perform its job well from the perspective of some arbitrary rules , it still is a net negative contributer to society.

Now, can anyone answer >>13174248 I understand it is irrelevant if you think the deal with china is a done deal, but im working from a different perspective.

Buy TLT
Short HYG
Short IWM
Long USO
>>13170261
Sorry about that. This girl I use to date tried to kill herself by driving into a concrete barrier while drunk. She called me and I could hear the sirens in the background. I hadn't talked to her in two years and she called me :(
Went to see her in the hospital but they wouldn't let me in. She's stable so I'll see her in the next few days.
Honestly not her first suicide attempt, think manic pixie dream girl.
Guys just don't date girls with bpd, it's never worth it

>>13175188
The true folly is assuming that the law of capitalism and markets is only that of nature. Rather, it's just what happens when people thing they are interacting with other people non-ideologically. The reality is that the market imposes all kinds of rules on human life which are only the result of our own ignorance of how we are actually acting. Rules, regulations are the basis of all civilization as they replaced tribal custom. It was these first which laid the groundwork for the cooperation necessary for agriculture. Markets, and the laws within them, were only of secondary consequence for the creation of wealth up until very recently.

The big trick of the market, the whole basis for its incentive system, is that of the prices of commodities. If you would take a moment to realize that you'd realize just how unnatural that really is. So much information about production, natural resources, labor, ect, all collapsed into a single number. That is an incredible abstraction! A uniquely social abstraction too.

Yes, the profit seeking capitalism has encouraged has caused the revolutionizing of production for the more efficient in most cases, but if this does not end at some point it will destroy us. What's more, there is a massive disconnect between this kind of competition and meritocracy. The future is fundamentally random, and so are the winners and losers. But perhaps more importantly, the ability to triumph over competitors itself is subject to so many factors that it cannot speak to the merit of any ability. You would be fundamentally confusing what exists with what is good.

>So if it as a closed system manages to perform its job well from the perspective of some arbitrary rules , it still is a net negative contributer to society.
This is not a description of most government bureaucracy in the slightest. Take an agency like the FDIC, without it we had a run on the bank every couple months. It is an incredibly positive contributor to society.

>>13175188
>>13174248
Don't short oil, there are too many factors to consider like Iran and Venezuela with the supply, not just the demand. If you think the indexes will go down short them directly, probably best with a 2x inverse etf.

>>13175278
Why can't I attract normal girls. I cucked a fat guy one time with a hot Latina, but that only almost drove me to suicide out of guilt
Dated a qt 3.14 for three days before she left me for a guy who literally raped her (cucked)
Dated another manic pixie dream girl while she dated a basedboy... Worst year of my life, cried everyday over that bitch
So many other examples
It's truly over for comfycels. Can't wait till I graduate so I can go work in the forest and get away from these insane women

>>13175313
>The future is fundamentally random
>the ability to triumph over competitors itself is subject to so many factors that it cannot speak to the merit of any ability

More leftist obscurantism cope

>That is an incredible abstraction! A uniquely social abstraction too.

You'd realize that prices are fundamentally thermodynamic in nature if you hadn't flunked out of math class.

>>13175333
Shorting junk bonds will give you direct exposure to shorting indexes with less risk. Just short HYG

Can you guys explain to me how much and in what way a recession in the US would influence the economy in Europe?

>>13175364
>More leftist obscurantism cope
That's no leftist line, most leftists are historical determinists. That's straight out of "The Drunkards Walk" which you should read if you have the time.

>You'd realize that prices are fundamentally thermodynamic in nature if you hadn't flunked out of math class.
Unlike you I've actually read the economics papers and books that postulate that economic activity should be modeled off the movement of gasses (econophysics). Do you know why they want to do that? Because it is fundamentally probabilistic.

>>13175371
Interesting idea.

>>13175358
>almost drove me to suicide out of guilt
Never gonna make it w/ a conscience
Why do you think Wall Street is primarily composed of narcissistic psychopaths?

>>13175437
>completely random
>probabilistic

Pick 1, faggot

>>13175437
Calls on TLT are too scary for me. HYG puts are more chill
>>13175442
Perfect tits, bad at oral. Sad. Later ended up hiring a college escort to beat up who gave the best fucking head. Sadly she fled the state when her friends got arrested

>>13175358
>Why can't I attract normal girls.
whats.. "normal girls"....??

Girls are very close to being useless.. be better than that.. do good at life and be confident in your abilitys and you'll attract girls... easy.. The more you try to attract girls the harder it'll be

>>13175465
>Pick 1, faggot
My claim was that
>success was random in managing money and not a matter of skill
As we cannot use previous success to predict future success. Prices and equilibrium are probabilistic. These are not the same things.

>>13175482
I didn't ask for these women. They usually started stalking me when I just want to be left alone.
I eagerly await the day of AI robot gfs

Lel

I want to bankroll a cosplay gf but all of the weeb girls in my japanese language course have fat ugly boyfriends and are turned off by my /fit/biz/ vibes.

>>13175490
>>success was random in managing money and not a matter of skill

Look closely children, for this leftist has just revealed to us something very important about it's beliefs.

You see, the leftist believes there is no such thing as free will or agency. The concept that a man has some control over his own life is abhorrent to the leftist.

Some say that the leftist feels this way to justify it's own inadequacy and lack of achievement, but we may never know for certain. What we do know is that this sentiment is the driving force behind the leftist's cancerous desire to reduce every man to equitable squalor.

>>13175521
SPX will be -5% on Monday. Economy is tanking and we are just realizing it. Rate will be negative within 6 months.

>>13175524
I'm trying to /fit/biz/lit/ck/ right now too
4chain can actually help you improve your life if you avoid the red boards

>>13175403
Please, frens

>>13175535
>/ck/
Sometimes I forget that everybody doesn't cook all their own food, I've been doing it for so long now. Very therapeutic.

>>13175538
Europe would be kill

>>13175534
Nonononon smart money tried pulling out after the fed decided to no raise rates and the yield curve inverted. Idiots buying the dip made us crab. Smart money on monday will adopt a "can't beat em, join em", pump this shit to 300 and then leave us holding the bags.

Anyone trade with scripts? How can I get schwab to liquidate when SPY hits 294?

>>13175472
>hiring a college escort
How?

>>13175358
>Can't wait till I graduate so I can go work in the forest

oh, is that why you stopped being a tripfag, Comfy
don't blame yourself for the way these people are, you can "get away from them" whenever you want
it's not your responsibility to fix them, and nothing you could do would help anyways
also you seem to have plenty of mental health issues of your own, from what I remember (I imagine diagnosed, because of the meds you're on)
don't deal with other people's mental illnesses on top of your own

>>13175645
>>13175358
stop worrying about women, just focus on yourself, establishing your career, and bettering your own mental health
those girls only mean something because you allow them to, the world would go on exactly the same if they were dead

>>13175525
>the leftist believes there is no such thing as free will or agency.
Everyone has agency anon, but there is no guarantee of any reward for doing things right. That would require absolute control of the world around us, in which case it'd be redundant.

>>13175565
>Idiots buying the dip made us crab.
indeed
>Smart money on monday will adopt a "can't beat em, join em",
that depends on catalyst, i identified the PMI as the primary one. If it turns out US hard economy data shows a downturn, it might give the smart money some water on their wheels.
see>>13174248

>>13175358
Just let yourself forget and move on, it's the best thing you could do

>>13175679
"Best year since 1998" bullshit, golden cross bullshit, end of Q1, and bond rally are all buy signals that I think will combine to make this week very bullish
I think 2 weeks was enough to wait and see for most of these coked up motherfuckers.

30 hours in the 3rd plateau
the body is a present ribbon

>>13175668
>Everyone has agency anon, but there is no guarantee of any reward for doing things right.

So then would you agree that personal success is not completely random, but has a probabilistic outcome dependent on the merits of the individual?

alternative to opening a broker account, with Quantfury you can use your crypto to long/short over 700 US and EU stocks at live prices straight from NASDAQ/NYSE/BATS Europe with 20x lev and zero fees of any sort (no maker/taker, leverage, overnight swaps or any other bullshit)

flipped my BTC stack playing $EA and $TWTR last month lol, good shit

big week starting tomorrow

green all across the board

big gains all across the board

lmaobo land here i come ss this

How to avoid put defeat?

>>13175668
>there is no guarantee of any reward for doing things right.
>That [guarantee] would require absolute control of the world around us
we do not need absolute control of the world, only adequate knowledge of it. Because we have free will, we can therefore choose between our fates
these of course may be quite limited and lack their usual impact, especially when society is heavily regulated and the results of ones choice is stolen or protected against.

So sure they might all be pretty bad, but some are bound to be better than others. And so we make our choices, and eventually reap what we have sown.

>>13175313
>capitalism is just as arbitrary as any other man made rule
How arbitrary something is can be decided by its correlation with the reality which humans find ourselves in. This is, in the best of worlds, made up out of society and nature. In a rigid statist or cultural system the most efficient solutions are not the ones used, because there are all sorts of harmful arbitrary rules.
Now the thing is...
Capitalism can per definition not be one of these!
this is due to the goal of capitalism: profit
Profit can in a peaceful system only be had if you produce what people demand. Peoples demands are decided, in the essentials, by nature.

Only in a violent system, eg one like ours where the government take from some and give to others on an arbitrary basis, can profit be had from something else than the production of what people demand.

Hello friends i am newfag to stock market. I want to start with 50 bucks on an index fund. Is this a good idea? Any suggestions on funds to buy? I would prefer a fund with dividends.

>>13175472
>trap-loving trips get this much action while you’ve been alone for years
The rope is starting to sound pretty damn good.

Where do you find these college Escorts? Sugar baby shit?

>>13175946
Dividends aren't really important, since the cost just lowers the value of the stock. focus more on growth imo

>>13175946

You can go SPY or Vanguard’s ETFs

>>13175946
its good idea if you're gonna be putting 50 bucks monthly

>>13176026
Yeah that was my plan, I just wanted to start small first.

>>13175645
>>13175663
>>13175681
>mfw
>>13175998
Female hermaphrodites are NOT traps and NOT gay!!

>>13175313
>FDIC
You gave an example of agency that is clearly useless and a protector of a broken and parasitic system. LOL

banks would have to practice responsible lending in a free market that didn't bail them and protect them like this , making such a thing unneccesary.

>be leftist
>create regulation
>regulation creates problem
>problem is taken advantage off (eg by big banks)
>oh no now we have to regulate more!
>this is all neccesary anon!

>>13176042
nothing wrong with that if you're not 40-50yo because this type of investment works on 10-15years horizon

me have been asleep almost literally all weekend

Hello SMG! Here's a new game from pic related!
I lay before you 40 large cap dividend growth stocks! Your favorite may have been excluded, but sucks to suck I don't care.
You have after clicking pic related, you have 30 seconds to chose your favorite 5. Good luck!

>>13176104
Holy fuck I had a stroke typing that
>>13176093
Good morning!

>>13176093
MCD, JNJ, LMT, D, EL

>>13176077
>Why can't I attract normal girls

because you yourself are mentally ill, and you're attracting girls who are similar to you

>>13176144
>>13176077
https://www.sciencemag.org/news/2016/02/attracts-even-when-it-comes-mental-illness

T and his Divvy will save us all when the market is shitting this December. Havn't you heard? According the internet chatter he's heading for a big breakout real soon. So buy him now while he's still cheap as shit. Enjoy that fat Divvy while you hoard your cash till the mega dip.

Once the market has that big shat you take that big cash pile of yours and buy more T during the pullback. More Fat Divvy for you on the cheap, all the more fatter that big payout will be when your an old man in his 60's.

5G, Films, News, and more all yours for the cheap ass price of $31.34. Oh you could wait for him to dip a bit, bag him when he falls to an even 3 and 0. $2.04 per share in Divvy payment is not bad at all, not at such a cheap ass price am I right?

>>13176202
Plausible

But social science correlational studies are so unreliable. For every study that comes out with a result like this, there are countless studies that never get published because they fail to show a correlation.

>>13176245
that's true, it shouldn't be interpreted as a 100% definitive confirmation of that idea, but it makes sense

>>13175610
>How can I get schwab to liquidate when SPY hits 294?

Just limit sell.

>>13176093
same desu

Are dividends just added to your buying power?

>>13176288
Nah I meant liquidate my other assets.
If SPY > 294, sell 75% of AAPL, VTSAX, etc., everything except biotech lottery tickets

>>13175610
I’m legit curious. I don’t want to go to prison, and I don’t want to spend all the money I could be spending on cheapies in a recession, BUT it could be a nice test/confidence boost.

>>13176420
not immediately, you hold stock on ex-div but you receive divvies on payday

>>13173696
Kek, yeah, I was wondering if it was just me that had that kind of issue with it

>>13174258
Wtf. This shit looks like TVIX.

>>13174283
Hey man, what have you actually seen people snort through a rolled up dollar bill?
There's no way that you've ever seen somebody snort fucking weed

>>13176420
Do DRIP or you're an idiot

>>13176428
>Nah I meant liquidate my other assets.

Oh. That i dunno.

>>13175278
>I hadn't talked to her in two years and she called me
Holy shit.
>Guys just don't date girls with bpd, it's never worth it
I wasn't sold before, but I am now. Wtf.

>>13175278
>>13175358
>manic pixie dream girl
Wtf is this? I can't help but think of goth chicks. Or a girl that's scrawny and into drugs.

>>13175358
>she left me for a guy who literally raped her
This is completely believable. Girls are fucking stupid, dude.

>>13176473
Ground up pharmaceuticals. Adderall, even Vicodin.

>>13176522
Reinvest dividends = the compound interest of the stock world, yes?

>>13175472
>Later ended up hiring a college escort
So it was a dude, right?
If not seekingarrangements?

>>13175521
Fucking kek.
No, the feds want us to bleed out a little first.

>>13175524
>bankroll a cosplay gf
Thank you, sir. I have a new goal that I aspire to achieve that I did not even know about before.

>>13175610
>Anyone trade with scripts?
No, but I'm a FAANG SDE and I fucking tried to get into that.
>How can I get schwab to liquidate when SPY hits 294?
Just place a limit sell order for 294.
Otherwise, interactive brokers has the best API from what I've heard.

>>13176229
For some sweet gains and a bit of risk how about adding some GE to your list. Bag him now while he's under $10 per share. When he Rises back to 30 per share why that's a $20 profit per right there. Then when they hike the Divvy you've got some extra income as a nice bonus treat. But the real juicy bits are still pending; why I'm reffering to the spinoffs of course. Three still to come my friends, to keep or sell as you deem fit.

Then for the real balance act, you could always dump some cash in the S&P 500 Fund or ETF of your choice. 500 of the Biggest Companies on the block, your a guaranteed to make least a buck. Don't be a Fool and act all crazy and dump your life savings on some random shit; that's a sure way to wind up poor as dirt with your ass strung out on the crack pipe. Do it slow and easy and wait a bit. The time to strike is during the Mega Dip.

Should I hold TVIX monday? got a lot invested in it from last week

>>13176104
>AAPL
>PEP
>MMM
>V
>RTN
IBM sucks. Do NOT touch it.

>>13176639
>holding TVIX

>>13176428
just keep an eye on the market when it starts to get close to that area and do it yourself

>>13176639
>Should I hold TVIX

no

>>13176546
>Adderall
Oh yeah, I forgot that normies fucking snort that shit.
>Reinvest dividends = the compound interest of the stock world, yes?
Sure.
Ratsu has an article somewhere about DRIP with KO over the course of decades has stupendous returns.
I think it was like 1 share of KO bought around the 20s or 30s would now be worth $1 million

>>13176661
>>13176678
but won't it go up? this rally won't last forever.

>>13176639
Yikes, we could hit around 287 this week before any meaningful pullback.

>>13176703
It won’t last, blackout period is upon us.

>>13176703
it'll go down a lot more before it goes up
look at TVIX's yearly and 5 year chart
TVIX is designed to be held for a few days at most, it's a leveraged VIX derivative

>>13176639
I dumped it for my first realized loss last week. Hurts but I couldn't do the slow bleed.

>>13176615
> seekingarrangements
Interesting... but so old that I wonder if it's just honeypots now. I'd like to party with a stacy and have her help me pick out new clothes and shit. Get a better insight into how they think and how they fuck.
>I'm a FAANG SDE
>SDE = seller’s discretionary earnings
You what?

>>13175524
>cosplay gf
based
>in my japanese language courses
I would try cons instead. I miss jap class tbqh.

>>13176714
>>13176707
>>13176713
Right, I would have got out Friday but I was just fucking passed out from not taking my gains when it was $30-29+.

>>13176537
I've had two or three gfs with BPD. Kinky as fuck, I could give them a beat down and they would like it.
Manic Pixie dream girls are pale, probably have an eating disorder, depressed/anxious, BPD, pixie cut, but hard to resist
>>13176615
Picked up a few college whores off the app whisper until my local PD cracked down on them
>>13176653
IBM does suck but their dividend growth is pretty based not going to lie.
Also you are probably just doing a psych op for bezos so he can buy out IBM at a bargain
>>13176661
Can't wait to puts on VXXB after the crash

>>13176703
The market goes up more on average than it goes down.

Of course the market will go down eventually.

However, it's at least as hard to close your short at the very bottom as it is to sell at the very top.
And since the market goes up more on average than it goes down, it's easier to make money by betting on the market rather than against it.

Also, TVIX is mega-leveraged and will be tilted even harder against you. Look at the 5 year graph; do you think those peaks are going to be any easier to catch than the peaks in SPXL?

>>13176745
TVIX is probably the worst VIX ETN for options desu, VXXB is the most liquid and UVXY is better than TVIX but still isn't great

Futures are neon green.

>>13176758
>>13176745
Should I get invested in leveraged non-short ETFs or are those just as a bad?

TQQQ

>>13176721
>> seekingarrangements
>Interesting... but so old that I wonder if it's just honeypots now. I'd like to party with a stacy and have her help me pick out new clothes and shit. Get a better insight into how they think and how they fuck.
It's more like girls looking for a "sugar daddy".
I think the New York Times had a decent article on the idea. It's different than prostitution though, and it's not a contract for them to simply fuck you. I think the girls on there are more aware of the exploitative nature of money in the relationship, and look more for "a guy that wants to spoil them."
But for guys in their 30s that are rich, it's basically just a way to chase college pussy with their wallets.

>>I'm a FAANG SDE
>>SDE = seller’s discretionary earnings
>You what?
Software Engineer

>>13176721
he works at Amazon

>>13176778
>for guys in their 30s that are rich
Shit my window is closing and it looks like I won't make it before I'm 40. Which means I'll never make it at all.

>>13176771

>Futures markets closed

How many years before the wealth gap becomes enough that they drop all the pretense and just start keeping human pets?

>>13176229
>>13176638
So I've got my plan in motion already you see. Got myself a toehold in T/GE/ and the S&P 500. Once I pay off my debt and build back up my savings for this year. Whatever is left over will get sunk into buying more of T and his Divvy.

To keep the commission fees from eating me alive I'll just move my spare cash in a bit at a time. Then once I get a nice big pile built up, I'll strike and buy T all in one shot during the mega dip.

>>13176817
Futures open at 5pm

>>13176732
>I could give them a beat down and they would like it.
That sounds amazing.
>Manic Pixie dream girls are pale, probably have an eating disorder, depressed/anxious, BPD, pixie cut, but hard to resist
Sounds like it's not my type, but that it's very easy to mistake for being exactly my type.

>Picked up a few college whores off the app whisper until my local PD cracked down on them
You can pick up college escorts off whisper? Fucking sweet. I heard of it having a peculiar community, but when I tried it, it seemed to just be edgy shut-ins and betas that don't know how to interact with girls.

>IBM does suck but their dividend growth is pretty based not going to lie.
I had never considered the dividend. I wasn't sure wtf investors see in that company.
It sounded like a hellscape of burn-outs to work at from what I read online. And then they have that whole block chain consulting thing, which weirded me out.
>Also you are probably just doing a psych op for bezos so he can buy out IBM at a bargain
lol no
I sometimes consider my next move after Amazon, and it's either another FAANG-esque company or trying for much higher up the chain at a B-lister where I'd have way more impact

>Can't wait to puts on VXXB after the crash
Wtf, dude.
Why not just calls on SPY or holding SPXL?

>>13176845

I'm aware. I'm pointing out that the futures markets are still closed to the guy who said they're neon green - on Friday.

>>13176851
they opened 12 minutes ago

>>13176851
They're opened way up tho. S&P up 1%

>>13176849
Post crash there is a lot of things you can do.
HYG calls because junk ETFs will have crashed to the bottom of the ocean and are usually the first thing to recover
VXXB puts because vol ETNs will have mooned and their decay will be enviable
QQQ/SPY calls are good too and what I'll do, but only after junk bond etfs have recovered

>>13176773
>Should I get invested in leveraged non-short ETFs or are those just as a bad?
idk, man. I'm all in on SPXL, QLD, SSO.
I read an article that said 1X leverage is actually not optimized for SPY's growth over the course of multiple decades, and that it was actually between 2X and 3X...
However, we are close to the end of this bull run, and I didn't have an exact exit plan for when to sell beyond "some time after yield curve inversion"
So, there's probably going to be some serious drawdown, to say the least

I really am screwed for now lol. Can I recoup TVIX losses with SPXL?

>>13176871
Lmao this is some biotech shit

>>13176881
>we are close to the end of this bull run
unless we aren't

>>13175741
The extent to which a person's choices effect their outcome is unknown, and probably unknowable because of all the factors involved. To rely on person's standing and not actually examine their history and actions to gauge their abilities is a grave mistake.

>>13175914
>Because we have free will, we can therefore choose between our fates
We choose our fate but we do not always know we are choosing our fate. Often times there is a vast disconnect between thought and action. The alcoholic who knows the drink is bad for them and they should quit will keep drinking saying "at least I know it's bad for me", the woke consumer knows capitalism is exploitative but still consumes saying "at least I know some of it goes to starving kids in africa".

In terms of reward, only God can truly judge us.

>Profit can in a peaceful system only be had if you produce what people demand. Peoples demands are decided, in the essentials, by nature.
This is one reason why profit and demand collapse periodically, because class exists and capitalists who rely on the exploitation of labor must invest more in order to retain their standing in society. Also, historically, there have been many cases when demand WAS created at gun point.

More importantly, however, there is no relation more arbitrary in our society than that between employer and employee.

>>13176871
>>13176885

>>13176079
>You gave an example of agency that is clearly useless and a protector of a broken and parasitic system
The FDIC only protects the system in the sense that it prevents its total collapse, in that sense it is quite useful.

If you were aware of the history, the period when there was incredibly little banking regulation and almost all of it was on the state level was when there were an incredibly number of banking panics which wrought havoc on the economy.

>>13176816
40s are probably fine too.
30s was just a range that somehow stuck out in my head.

>>13176803
I hope I'm not that pretentious about it, and I'm definitely trying to be more modest.
I'm used to just saying "I work at X", but when some people perceive X as a big deal to work at, it's no longer a statement that you can just say like that.

>>13176885
link to the site you use please

>>13176732
>>13176653
IBM's AI and quantum computing work is promising, I think they could turn into something very interesting a couple years down the road.

>>13176888
3mo/10yr inverted. I'd be surprised if the 2yr/10yr doesn't invert within the next year or so as well.

>>13176904
Hey dude, didn't you have some awesome graphs of strategies that involved switching from stocks to bonds or cash whenever the yield curve inverts?

>>13176924
>3mo/10yr inverted. I'd be surprised if the 2yr/10yr doesn't invert within the next year or so as well.
so what, everyone has their eyes on this. it's amazing how you guys read articles and regurgitate what they say meanwhile believing that you're different from the crowd. do you know what the interest rate average was during every previous inversion? it was a lot higher, these things are important.

>>13176871
Pulled back some already. Futures were hinky all last week. Big swings during trading hours by futures standards. I'll be watching to see if they bleed out all night or hold this optimistic open.

>>13176924
Yep. Now's as good a time as any to buy govt bonds.

>>13176924
>muh yield curve inversion
Have you turbocucks ever heard of 1998? We are going to rip 30% higher atleast lmao

>>13176906
I don't see it as pretentious, if you work somewhere, you work there

>>13176940
>>13176938
Even if it's 1998, you'd be better off investing in bonds and waiting for a recession.

>>13176938
Does your model buy back in after the bonds go back to normal?
SPTL is free on TDA which is what I'm using, EDV is better for max gains though

>>13176940
>ever heard of 1998
Half the board were emerging from vaginas in 98

>>13176953
The model has you sell the bonds for face value after 3 years from the initial inversion, presumably the gains would be much higher than my model suggests because usually bond prices soar in a recession.

>>13176917
>IBM's AI and quantum computing work is promising, I think they could turn into something very interesting a couple years down the road.
>AI work
>IBM Watson
Pretty sure that it's just a plug-and-play decision tree, made even easier by the consulting services that IBM provides for healthcare companies that simply cannot into tech.
Google, Facebook, and a few prestigious tech unicorns are light-years ahead desu
>quantum work
I recall that Microsoft actually created some kind of framework or language for working with quantum computers... I have heard nothing about it since then. It all seems like vaporware to me desu

>>13176972
Interdasting. We'll see how my ETFs go if they follow the model

>>13176938
>>13176924
here's the same graph on a log scale

>>13176974
Google is farther ahead I agree, but I feel like IBM would actually do a better job with AI than facebook desu. I have a hard time believing zucc will handle any of it competently.

As for quantum, this came out just this January
https://newsroom.ibm.com/2019-01-08-IBM-Unveils-Worlds-First-Integrated-Quantum-Computing-System-for-Commercial-Use

>>13176883
>recoup TVIX losses with SPXL?
>recoup risk with other risk
Let's look at it this way: you made one investing decision -- TVIX -- and although the reasoning behind that decision still applies, you no longer agree with it. It was a "lesson learned," which I think almost every long term member of /SMG/ has learned at some point in time.

If you were not trying to recoup your losses, would your strategy proposal change?
>https://en.m.wikipedia.org/wiki/Sunk_cost#Loss_aversion_and_the_sunk_cost_fallacy
>https://www.investopedia.com/terms/s/sunk-cost-trap.asp

>>13177015
>sunk_cost_fallacy

Honestly everything I've ever sold for a loss has turned around and reversed after I've sold. Averaging down has always been very profitable for me.

>>13176938
Does "inversion bonds" mean selling off all stocks and buying bonds immediately when the yield curve inverts? And is it using the 3mo/10yr or 2yr/10yr?

I was trying to find the average distance from inversion to stock market peak before selling off my shit, but I'm starting to think that I should just say "fuck it" and sell of now.

>>13177049
The model uses the 2 year after WW2, and 1 year commercial paper before it, as the 2 year bond didn't exist at that time. And yes, it does mean selling off all stocks and immediately buying bonds.

I'm inclined to say that the past couple inversions are a sufficient signal to make this move. If you try to time it too well you risk being left high and dry.

>>13176933
>so what, everyone has their eyes on this. it's amazing how you guys read articles and regurgitate what they say meanwhile believing that you're different from the crowd. do you know what the interest rate average was during every previous inversion? it was a lot higher, these things are important.
>What is signals vs noise?
>What determines a statistically significant signal?
>Muh intuition
>Muh random flag for overfitting
>MUH ZEROHEDGE
>MUH HOLIER THAN THOUGH!!!

Are we uninverting?
Reverting?

>>13176940
>MUH OUTLIER!!!

>>13176933
the reason this strategy works >>13176938
is exactly because of people like you thinking it's "different this time". If everyone took this strategy seriously bond yields would fall flat after every inversion.

>>13176938
The heck is inversion cash?

>>13177111
Selling your stocks and just holding the cash for 3 years after every inversion

>>13177111
australian dollars

Don't try to time the market. Just put it in there and hold.

>>13177080
>>13177106
so sell everything then, idc

>>13177106
FED and based Powell is already on the ball by stopping hikes and QT this time. Maybe even cutting rates this year, so we might skip the recession all together

We reject this by morning for sure. Bulls are so delusional. Two words: yield curve

>>13177120
>>13177111
>>13177089
Is there a tracker that I can see inversion data daily?

>>13177120
Link to study?

Also, any data re:financial crisis and strategies that worked for that recession?

>>13177175
Not a study, I crunched the numbers myself in R using historical data.

>>13177159
found this with a google search
https://www.quandl.com/data/USTREASURY/YIELD-Treasury-Yield-Curve-Rates

>>13176948
Thanks.
I think I've always heard that a person's job is a part of their identity, but it's become way more noticeable lately, and I don't like how substantial a role it seems to play in some people's identity as a person.

>>13177067
I agree. Where'd you get your data from, btw? I'd love to try tinkering with it.

>>13177159
You can check the yields on cnbc. I just Google "2 year US Treasury yield"

>>13177067
According to what you've said about your model btw, we should keep holding -- because yours is based on the 2yr/10yr rather than 3mo/10yr.
Other parts of the yield curve have inverted a while ago, and it's important to watch for the true signal.

>>13177264
Bro where did you learn what you know about trading? I'm unironically getting into it because the piano man told me to.

>>13177241
Data is from here: http://www.econ.yale.edu/~shiller/data.htm

>>13177264
Well I was using the 2/10 yr as a proxy for a recession indicator more generally. According to what I've seen the 3mo is just a good of a predictor if not better than the 2yr

>>13177241
It’s a little braggy but at least you’re aware of it.
No one I know in medicine or aerospace brings it up unless there’s a nasa launch or people are talking about something that pertains to health.

>>13177286
- My roommate from college got me to start investing in stocks.
- I took a college course on microeconomics, accounting, and finance
- I read a ton of shit on http://thepatternsite.com/
- I went the fundamentals route over technical analysis, but then realized it was already basically arbitraged (https://en.m.wikipedia.org/wiki/Efficient-market_hypothesis))
- since the intuition that drives fundamental analysis is basically arbitraged, I just go for straight statistically proven shit.

- SSO (and I guess SPXL) makes more on average than SPY over the course of multiple decades, QLD beats QQQ, but TQQQ doesn't beat QQQ.
- the 2yr/10yr inversion has predicted something like the last 7 out of 7 recessions.

>>13177286
my grandma gifted me little silver ingot one day and so I just put it on a shelf not giving a fuck but then I started looking at it form time to time and then I took it, held it for a bit and realized I'm retarded piece of shit spending most of money I earn not caring about making money work for me. I reconsidered lifestyle and got into investing in general that basically brought me to trading and other stuff. So I guess thx grandma, would be living care free life if not for you

>>13177327
>Data is from here: http://www.econ.yale.edu/~shiller/data.htm
Thanks a ton!

>Well I was using the 2/10 yr as a proxy for a recession indicator more generally. According to what I've seen the 3mo is just a good of a predictor if not better than the 2yr
I don't like that the 3mo inverted before the 2yr.
I think I've been saying for months that the 2yr is what I wanted to wait for.
I've seen zerohedge articles screeching about every other portion of the US yield curve, and even a generalized global bond yield curve.
I know that Wikipedia cites the 3mo, but the 2yr is somehow simply what I remember waiting for. So, I'm still on the fence, but I'm leveraged af, so maybe I'll sell anyways

anyways, are we ready to short lyft on monday or nah?

another point to the Golden Bulls

>>13177425
Here's an idea, maybe instead of selling right now put in some standing limit orders for optimistic prices you'd like to see. Considering we probably still have several months before a recession even if the 2yr doesn't invert, you'll probably get them.

APPL 200 mow

>>13176473
I actually have seen people snort weed.. kief

but all sorts of pills and drugs man...

>>13177490
>>13177452
When can I get more TIIIIIIIIM?!

>>13177425
how about instead of selling you leverage yourself ? If you like your holdings and you expect market to fall x-y months from now why not put some money on it ? Preferably with leverage so you can leverage your leverage

>>13174283
My boss sometimes pays me in hundreds and I'm too lazy to make deposits so I snort amphetamines with them because it feels real ca$h money baller

>>13177510
>>13177425
>how about instead of selling you leverage yourself ?
Im fucking retarded, I meant hedge lol

This is the week that LCI liquidates the shorts out of it.

This is the week that Galt is sold for a few billion.

>>13177581
>tripfag-based portfolio
How do you sleep at night?

>>13177286
see how that worked out for him

>>13177581
>This is the week that LCI liquidates the shorts out of it.
fuck yeah!!! I can feel it.. LCI leaving a beautiful bear trap... I actually hope the squeeze goes on for months so I can continue to sell options on the way up.. LCI going to $40

GALT was actually one of my first purchases, I bought it in september for 5.4 and sold 3 days later for 6.64 before it crashed to 3-4

>>13177650
been hodling for a while, I think the real profit will come whenever we get some serious catalysts out of them
the science behind galectin-3 inhibition is really promising

>TFW want to start investing in a taxable account (canada) and have to begin tracking my adjusted cost base for all purchases

Seems like such an unnecessary pain in the ass. Why can't brokerages do it for you?

>>13177675
my mother works in pharma and as a result I'm only gonnan buy Pfizer on corrections now.
Market is ridiculous, I met ex TEVA ceo once, decided to go long TEVA, mum called me dumbass because apparently company is basically bankrupt.With guys like GALT youre basiclly gambling they'll be 1 in 100 to actually make something substantial and unlike Pfizer or Bayer they dont have enough weight to not care about failure of one or two new drugs

>>13177518
i like to snort through 50s.. they're rarely used by people and are usually pretty crisp and clean

>>13177735
Pendy, correct this guy.

Futures are... pumping? Feels like ages since they held the open green and continued up from there.

>>13170243
I got a bunch of expired candy and some DVDs I probably ended up donating. I think all those loose DVDs you see at Family Dollar in yellow envelopes are just shut blockbuster couldn't liquidate

>>13177735
>I take investing advice from me mum
You got a loicense for that eurokek mentality?

But the failure of REPH convinced me that speculating on biotechs is basically buying lottery tickets. Because of FDA approval and good test results, as well as institutional buying and insider buying, I’m still bullish on VSTM and LPTX, but I might be a total fucking idiot who just doesn’t admit to himself when he’s wrong.

What are the chances SPY closes red tomorrow?

>>13177783
>>13177735
it's a really surface level explanation of the biotech market
the basic idea (small-cap biotechs are largely speculative picks based on the success of the drug candidates) is correct, but it's really not 1 in 100 or gambling if you do research and make an informed decision before you buy a stock

it's what you would hear if you asked any random normie about biotech stocks

>>13177700
>Seems like such an unnecessary pain in the ass. Why can't brokerages do it for you?

That would be nice. For some reason when i pull my data from canada revenue to my tax software, it only enters the settlement amount for each trade. It doesn't have purchase amount or the sell date. So for every trade i need to enter date and purchase amount. Really tedious.

Any other leafs know a better way? If there is i'd like to hear it. Most of my trading is in TFSA (no reporting) but i do have some in cash account that needs to be reported.

>>13177783
>>13177735
there's nothing to correct, it's really shallow, watched a 5 minute youtube video about biotech stocks kind of stuff

DF is gonna make a comeback boys.

>>13174791
any other music suggestions?

Are my cron puts fucked tomorrow?

Just checked futures and its up YUGE because economic data in China was good in March

Did I miss the window for buying uranium?

https://arstechnica.com/science/2019/03/senate-re-introduces-bill-to-help-advanced-nuclear-technology/?amp=1

>>13174791
>>13177936
>type of music a transvestite would listen to
Then I unironically recommend Against Me’s Transgender Dysphoria Blues

>>13177947
Weed doesn't track the indices.

>>13178020
Yeah but I’m worried this is one of those days where the general euphoria lifts everything

>>13178029
I'll probably sell mine if it isn't down premarket.

NEW THREAD!

>>13178079
>>13178079
>>13178079
>>13178079

>>13177452
>Here's an idea, maybe instead of selling right now put in some standing limit orders for optimistic prices you'd like to see. Considering we probably still have several months before a recession even if the 2yr doesn't invert, you'll probably get them.
I've never been super comfy with limit orders.
They just kind of sit in my mind.
If I set them too optimistic, they won't execute either.
Good idea though. I'll consider it as well.

>>13177500
>I actually have seen people snort weed
Does that even work?

>>13177520
>>how about instead of selling you leverage yourself ?
>Im fucking retarded, I meant hedge lol
Paying for options feels like throwing money away.
It'd have to rise or fall more than the premium in order to justify itself.
I'd be more willing to sell covered calls than buy protective puts, but then I wouldn't be able to sell the underlying asset without converting to uncovered calls or being forced to buy back the calls as well.

>>13177754
>i like to snort through 50s.. they're rarely used by people and are usually pretty crisp and clean
This is a whole thing that I didn't even know about. 1s and 5s aren't good to use then?
I think I've heard that the majority of $20 bills have trace amounts of cocaine on them.

>>13177830
>thepatternsite.com
Try to find a pattern in the daily candlesticks from the last week or so, then find the percentage accuracy for that pattern.