/biz/ - Business & Finance

Fuck Tesla.

1st for
STAAYYYYYVUNNN

Hoes mad.

At what networth will you feel you're starting to do well?

Can we get a warren buffet/Charlie Munger edit?

>>13833562
That's not how networth works IRL

>>13833586
I'm asking at what amount of networth will you start feeling you're starting to make it in life. For me, probably 100,000.

>>13833562
Cashflow is more important if you're poor like me.

>>13833535
Red week you think?
Should I have bought more than $500 of SDOW? Feel weird holding triple levereged ETF over the long weekend.

>Tesla $10
>SPY under $200
>Amazon reverts to a 15 PE
Just WAIT

I hope there's more Trade War shit next week. Cause I want T to have a nice dip down to least 30.50. Come on Trump, China, do something that'll make the markets shit a bit. I need cheap T babies cause I've only got maybe 6k and I need least 200 shares. I need them all before July 7th.

>>13833704
>Mfw T cuts their dividend in half and T brainlets become single mothers

>>13833535
Why will it be red?
t. newfag obviously.

I’m guessing more trade war fallout/an expected bad deal with Japan?

>>13833704
I hope amazon stock hits 2k next week or least 1900 cause then I can sell and make a few extra bucks.

>>13833638
>>13833800
uhhhh

>>13833685
Also spy under 200 literally confirmed

>>13833562
It will never be enough

Theres actually going to be a rally next week.
the Spy is also in a bear trap

>just got this baby in, now i can have 8+ monitors to use with tradingview (and still mine some shitcoins while i trade stock and shitpost)
happy surprise this weekend, thought i had to wait until tuesday for it to come in

>>13833562
when I am free of the feeling of want

>>13833821
M-me blew it?!

>>13833704
My plan is to split the difference. Sell my Amazon shares for nice gain. Buy my 200 T babies on the dip. Then take the left over funds and buy more AMRN on the dip as well. So I'd get more AMRN Profit and still get my T babies.

I'd gain $300 - 400 extra from Amazon. At $17 per that $300 would get me 17 more AMRN shares. 417 total. @ 45 per I'd come out with 18,765.00.

Anyone have a good strategy for playing SPY puts/calls intraday? I've noticed that following a 3/9 EMA cross usually tends to work.

>>13833970
T is a meme that needs to be aborted
If you want a dividend payment in 30 years then you'd get a exponentially higher yield buying a dividend growth stocks that grows it's payout over 10%

Got some TSLA and BA puts for next week. Hopefully they dump.

>>13833535
someone help that poor mouse girl

>>13833821
hopefully things continue to go sideways long enough to get some material news out of GALT before the market shits itself, at the very least
going to park all my money in VGSH after I sell out of GALT and figure out what the market wants to do/what I want to buy

>>13834063
I never understood why T (a dieing Telecom monopoly, with a rapidly aging infrastructure) is considered a good dividend hold, when other things exist with much more long term room to grow such as LMT or WM, or diverse dividend stocks like HON (or just simple dividend index's, like SPY, DIA, QQQ, which all have better returns, and dividends, than T)

T always felt like a forced meme, fucking KO seems like a better holding for dividends

>>13833562
frankly, a positive number would be nice

>>13834079
you're shorting the bottom, friend. all the bad news is priced in, and possible good news isn't

The stock market would be much lower if it weren’t for companies buying back their own shares

>>13834057
on what timeframe(?), you can easily backtest that strat. i dont think never gonna work :)

>>13834407
Don't worry anon... they're deeply in debt to pay for those buybacks : )

in general people who make money on whatever markets rarely open up, they share random calls here and there that's about it. everybody understands they might lose n edge. it's not evil people actually see lots of effort generating strats etc. takes creative talent and time(skin in the game) too so understandable

>>13834461
man I have to be genuine with you
can you please stop posting pictures of that girl in these threads

>>13834282
T is no longer just into Telecom. Your getting a massive media empire + Telecom company that pays a Fat Divvy for cheap price. To put this in proper light, the next cheapest media company is Comcast ($43 per). Your Divvy is only 0.21 x 4 per share. So you pay more to get less Divvy.

On the other side you got VZ. Your Divvy is higher but so's the price you pay. One VZ is almost double what one T is. So you could bag 2 T's and get more Divvy for your dollar.

Everyone likes Disney. They got a good product sure. But the Divvy sucks. Comcast pays almost the same amount in Divvy that Dis does.

>>13834407
>The stock market would be much lower if it weren’t for companies buying back their own shares
WHAT THIS IS NEW INFORMATION TO ME I AM VERY ALARMED THAT BUYING SHARES RAISES THE PRICE ????

>>13834407
What would it mean if a company bought back all of its shares? Would it become self aware?

What would be some decent trade-war resistant stocks to buy right now?

>>13834872
unh

>>13834845
they can do new listing then with higher prices :) even buffet agrees dividends are shit and buybacks is the way to go, raises price more efficient and no taxes. divs are tax free only for some pension funds etc

>>13834610
clomo triggered :(

>>13834638

Please tell me you’re not actually buying stocks with this poor of an understanding of how these things work. Almost everything you said is wrong.

>>13834881
VERY strongly considering violating my basis in UNH, specifically in my IRA.

>>13834845
It's called "going private"; Dell did it at one point

inb4 elong musk joke

>3 day weekend

>>13834420
It works, I know a professional that said he uses it, but I'm skeptical.

>>13834872
YANG

>>13834960
>>13834638
This is the low IQ posting I hate. T retards absolutely deserve to lose money

Why not just buy SPYD or SPHD for divvies,anyway?

>>13834978
>>13834881
At least I grabbed Merck when I did for the Roth

>>13835175
I backed up the truck on healthcare

2k in unh and 10k in vht. Im pretty sure the sector is just getting started

>>13835100

Has nothing to do with T. I don’t own it, nor do I see anywhere that I recommended owning it.

He was valuing companies by their price per share instead of their market cap. He was comparing dividends by dollars per share instead of percentage yield. And I’m the one with the low IQ post.

>>13835197
Vht?
Thoughts on thc?

UPS such a chad ranger. max drawdown to 89-93 before a bounce to 99-103

>>13835290
I like companies that make money

Hell if you buy during a dip your not really wasting any money, in fact your gaining it once the stock price/market unshits. So I view it as a win win = nice Fat Divvy + ultra low price. How can you lose? If you sell later during the high you've come out ahead no mater what. Just like when T shat down to 30.50 (I hope it does again). What's the price now? 32 something. You sell now, you've made profit on it. The plus side is that T stock is pretty stable, sure it shits but it don't last long. So your money is pretty safe. So buy those dips and collect Divvys and life is good

>he hasn't put everything into gold
Your days are numbered tradies. Don't believe me though, always trust the media, always buy the "dip" when they say to.

I'm longing GALT now. I'm gonna keep adding to it over time until a deal happens.

>>13834845
It would be extremely painful

>>13833704
What if American government cancel Hong Kong's special status?

PayPal, V, MC, or AXP?
pick one

>>13835493
>buying boomer tokens

i spit on your coin coins

$VRUS going to be the biggest play on the OTC by the end of 2019.

>>13835493
I'd sooner go cash, munis, or BTC desu senpai

AMRN FTW! Come to me oh buyout, bring with you nice fat sacks of cash. I'll take that 50 x 2 x 400 payoff you'll earn. Or hell even 30 x 2 x 400 would be nice, I'm not a greedy fuck you know.

>>13835447
Kys

>>13835524
>>13835524
>>13835524
>>13835524

>>13835336
The red ranger is dead.
You’re next kiddo.

>>13835498
Pretty sure our worst poster just said he was looking for an exit point. So good luck.

>>13835723
How do you into municipal bonds? Need to buy from an auction? Lose money if you buy through your borker? Put in Roth IRA for Max gains?

Will they buy back bonds like the treasury does during a recession?

>>13835987
>Looking for an exit point
Source??

>>13835987
pen dulum is selling? bullshit

>>13835791
for my GALT position,

10 x 306 - 1332.23 = $1,727.77 profit
15 x 306 - 1332.23 = $3,257.77 profit
20 x 306 - 1332.23 = $4,787.88 profit
25 x 306 - 1332.23 = $6,317.77 profit
30 x 306 - 1332.23 = $7,847.77 profit
40 x 306 - 1332.23 = $10,907.77 profit
50 x 306 - 1332.23 = $13,967.77 profit

>>13836057
These are the prices you regard for a bo?

>>13836022
I can personally confirm that's bullshit

>>13835987
There are a lot of posters here worse than me

>>13836057
>90x306=27540

Hell yeah

>>13833821
>>13833821
DID I MAKE THE BIG STUPID?!

Oh god I sold everything to buy these triple leveraged shares...

>>13836068
Yeah, $10 being the most conservative and $50 being the most generous

$10 or $15 is most likely if they partner or Uihlein decides to take the company private, imo
20-40 is most likely BO price range imo

>>13836057

>tripfags

Long as your making Profit with your stocks hey it's all good. Via price per share or Divvy it don't much mater, Profit is Profit.

>>13836057
>This level of delusion

>>13835493
>gold
>not platinum

never gonna maek it

>bought into tencent on friday
why am I so retarded

>>13836251
ahahahah
HAHAHAHA

Bullish chart?
I want Aetna, I kind of wish they’d spin off that retailer they’re attached to.

>>13836192
Got to give bagholders some hope, otherwise there’s no one left to dump on when you cash out.

>>13836298
SneedKino
>>13836251
Never know what’ll happen with our honkhonk president. Roll of the dice, we could see the trade war end with a tweet Monday night and China stocks soar.

I think it’s too soon, but Baba, Baidu, Bili, and Tencent are all starting to look tempting.

>>13835987
i buy a state specific muni fund through fidelity/t. rowe price. hard to find a decent one if you aren't NY or CA.
but i really want to know what /smg/ thinks about V, MC, AXP, or PYPL

>>13836542
I am in CA though.

I think V and MC are pretty much unstopabable, only vulnerable to things like recessions. PayPal is a good bet because I already used venmo twice today. No idea if they’re appropriately priced.

>>13836542
Well Visa and Mastercard ain't going anyplace. All those cards out there. Plus either one or the other will work about anywhere in the world these days that's got electric/card reader.

>>13836627
in my state you need i think 10k to buy direct, but you should be able to find someone with a good CA bond fund. it's well worth it for dry powder.

>>13833562
Well long as I'm raking in enough to cover my expenses, have a bit of fun, and having some left over to stuff in the bank in case you know shit happens then Its all good. Hey better to stuff the shit in the bank rather than fall into the debt trap. You'd pay about double the amount owed to get out of it (assuming you only pay the min amount due each month). Plus you can screw the card companies outta those fees.

>>13836633
Why couldn't an upstart using the ubiquity of smartphone NFC eat V and MCs lunch?

>>13833585
>>13833918
>>13835290
>>13835987
>>13836080
>Can someone edit this picture for me
>Can someone tell me how to buy municipal bonds
>Can someone tell me whether I should buy VHT
>Can someone tell me if I should sell my SDOW

figure it out yourself

>>13836715
CA = California, right? I’m not a leaf.

10k is doable, but it means liquidating some stocks if I want want to have cash outside of an emergency fund.

It’s fine though, I can keep 15k in VTSAX, 10k in state municipal bonds, 1500 in Merck, 1500 in Dis, and the rest cash. Maybe a bitcorn.

>call me a delusional bagholder for holding GALT
>call LCIguy a delusional bagholder for averaging down on LCI at $3-4
>jump on LCIguy's dick when LCI is trading at $8 and above
>start calling LCIguy a delusional bagholder again when it dips

this thread's sentiment directly mirrors price action, you're all retards who approach investing with an emotional mindset

>>13836769
It's almost like people like talking to each other instead of shouting bullshit about a random penny stock
Is this what highschool was like for you? The awkward retard who tried breaking into social groups and constantly being rejected, and after being rejected you used your IQ as a crutch for your non existent social skills (though you're just an average brainlet loser?)

>>13836836
Absolutely SEETHING

>>13836859
>I'm the one seething when you took the time to type >>13836848 out

sure thing bud

>>13836818
yeah CA meaning california. i'm saying you might need 5 figures or more to buy bonds direct from the state, but you'd probably be better off researching a good california muni bond fund. the min for mine is 2500 and it holds 50+ bonds, earns 4% on average, and was flat in 07/08.

>>13836848
>>13836859
Plz don’t take the bait.
This is the only place he knows where he can get the attention he craves, and his substitute for face-to-face interaction.

Ignore it and it’ll go away.

>>13836878
>He replied to the bait
Incredible

>>13836898
I can't help it. It's either watching carwreck videos or his portfolio, both bring me the same feeling

>>13836769
>>13836848
the tripfaggot isn't wrong though. you can literally find the answer or at least get on track ten times faster than anyone can reply.
>grow up with a laptop, a smartphone, and broadband internet
>can't figure out how to do your own taxes or open a new account
it is a tad pathetic, especially considering how the internet has ruined polite society.

But really the key to saving money is to cut down/stop buying "trinkets" you don't need. Some dude buys his Starbucks coffee every day for a whole year. He'll end up forking out $1800 for it.

Sure 1800 ain't much but over time it adds up. You save that 1800 for ten years you'd have 18k Toss in your Tax refunds and and interest payments now you've got a nice pile. Will you be rich enough to tell your boss to suck it? No, but you'd be able to buy a nice car and not enter the debt trap to get it.

>>13836977
now this is boomer posting

>>13836836
Ror! Frenulum!

>>13837034
not an argument

>>13837013
That's how I bought my car. payed the whole amount right there on the spot with a check. Denied the fucks there "fees" and shit. Nice car to, will last me a long time, assuming some asshole don't hit me.

>>13837034
What a sad picture.

>>13836977
Checked!
Nah mate that thing is just smug posting, poking holes that don’t need to be poked. He may as well have linked me to lmgtfy.com

Phoneposting is for asking questions between sets or while at a redlight, computer posting is for doing research and posting detailed answers.

>>13837013
Ror! This is good advice, but only for da poor. Focus on increasing income. $2k per year on covfeefee doesnt matter when you're raking in $10k per month on rental properties, $100k from job, and 10% annual farmers stonk muskets profits. And that's low balling it

>>13837138
Agreed, but the mental habit of frugality will extend to other purchases and areas and ways of thinking.

>>13837077
That’s just dumb. No reason to ever pay cash for a large purchase unless you need to keep debt down. Lowest interest debt is the best because you can throw all the money in indexs and make more than interest.

>>13837309
Isn’t that only if you assume the permbull lasts?

I really don’t want to owe any debt, the idea repulses me, though it may be necessary some time in the future.

i wonder what will happen when everyone loses 70% of their portfolio in the incoming crash

>>13837338
>you can only get interest on investments during a permabull market. Lots of ways to invest at all times

>>13837309
until you go sideways for six months and then down 30%

>>13837309
>not having that feeling of satisfaction when you pay down a car in cash before you leave the dealership

>>13837466
>buy fundamentally sound companies with health finances and good business models (MRK, MKC, etc)
>sell covered calls on the way down
>use the premium and any additional money you put into the market to average down when you can and reduce your cost basis
>make a ton of money when the market recovers

>>13837466
lots of boomer pinkwojacks

I make shit a year. People look at my house and my car,etc and think damn this dude makes bank.

I've been very lucky. Sure I like nice things but I limit those things to items that will last me a long time (I hope anyway).

I've got a nice car, a 3 bed 1& 1/2 bath house with a garage and basement. came with a nice rear deck and yard. Main floor was redone, gas fireplace, tile work in the kitchen/bathrooms/fireplace surround (the tile work prob cost 5k alone). and a 65" TV.

I make 27k a year (before taxes/deductions/etc) I make shit yet I've got no debt other than house and by all accounts I've done pretty damn good.

I'm the lucky dude with the wife who married him not for his money cause frankly he ain't got any and cause his wife also ain't got any either; we've both worked hard for it all.

>>13837497
er no, your calls will be executed due to random relief rallies, so basically you managed to sell your positions at a 30%+ loss

>>13837521
Wholesome blogpost. Goodjob on staying debt free and keep up the good work. Every dollar saved is 2 dollars earned in interest.

>>13837526
>nitpicking this hard
>implying we can't/don't hedge

>>13837521
lol

Ausfag here, rate my portfolio. I'm using Stake (Robinhood competitor letting Australians buy American stocks with no fee)

>>13837658
do you think you're smarter than a harvard graduate? you think you can beat them by picking stocks?

allocate the percentages in this portfolio:
VTSAX
VBLTX
bitcoin
monero

>>13837671
>VTSAX 99%
>VBLTX 0%
>bitcoin 0%
>monero 0%
>TWTR 1%

>>13837671
75% VSTAX
25% VBLTX
0% bitcoin
-100% monero

>>13837710
>>13837750
I'm doing this all wrong

Oh no no no

>>13837658
seems pretty solid, but I'm personally not a fan of FAANG

>>13836766
Even Apple need to partner with Mastercard to make it work, how do you think a startup is going to achieve nearly enough amount of penetration? Not to mention the difficulty for a startup to gain trust

>>13837671
If you are under 45 years old I'd go 90% VTSAX, 10% VBLTX

>>13837710
>>13837750
>>13837848
...not even a little cryptocurrency?

>>13837902
not until the bubble pops and 95% of the current useless shitcoins cease to exist

>>13837902
Personally I wouldn’t put much in crypto. I’ve got like 2k split between BTC and ETH. I justify it by saying it’s a hedge like gold, and trying to swingtrade it a bit, but I know I’m being somewhat foolish.

But even fools are sometimes right.

>>13837658
I’m more partial to CGC than Cronos, but that’s partly because the talking heads on tv say it’s the winner of the group, and partly because I have exposure to Cronos through Altria. Your image doesn’t show how much is allocated to each stock, but I’m jealous because I’m sitting out on the biomarin rally.

>>13837902
I put a couple hundred bucks into cryptos around mid to late 2017 and stopped when they all cratered. I sorta consider it more gambling than conventional trading. I'd suggest dipping your toes into it.

>>13837902
I mean, I guess replacing your morning starbucks with bitcoin everyday wouldn't be so bad. Worst case scenario you broke your caffeine addiction.

>>13837902
I would rather put that money into lottery instead.

>futures are up

We are all gonna make it

>>13837710
>>13837750
>>13837848
>>13837938
>>13837954
>>13837996
>>13838023
>>13838044
I must confess I am currently allocated in this manner:
VTSAX 70%
VBLTX 15%
bitcoin 5%
monero 10%

>>13838049
a-anon... it's Saturday...

>>13838065
how much money do you have in it
if you don't have a lot of money in the cryptos, it's not too bad

>>13838087
100k

>>13838087
If your portfolio allocation isn't at least 25% bitcoin you're NEVER gonna make it.

44% here

>>13837801
How do they lose so much money? Drivers don't get paid anything

>>13838104
not ideal, imo
I say sell your monero and put it in VBLTX, but it's obviously your choice

>>13838120
It could tank

>>13838084
shhhhh
let him have this

>>13836080
you should deff profit off them but dont get too greedy

>>13838120
>>13838134

What's that? Sell bitcoin for more monero? Great idea!

>>13838143
Nah, the absolute bottom came in at 3k and this will likely be another 3-5 year cycle that will culminate with highs in the low 6 figures

>>13838146
If you hate money, sure.

>>13838146
>>13838166
bitcoin literally has no use, crypto should be for anonymous transactions and bitcoin is not anonymous at all. its pretty much a honey pot. monero is where its at, look up the doj asset seizure of alphabay. they tracked how much btc, eth, etc coins transacted but not xmr

>>13838185
Then why is bitcoin the best performing asset in human history in one short decade?

>>13838144
Checked!

You really think so? Maybe like $20?
Just trying to recoup about 2k in losses, I’ll get there.

No one leaves this casino with $0... r-right?

>>13838154
I think you are right but I can’t imagine betting a large percent of my portfolio on it. It really is a gamble.

>>13838249
scared money don't make no money

>>13838197
its successful since it was the first real implementation of blockchain. Naturally being the first real coin means it has some design decision issues especially with scaling. Its pretty much a phd thesis project that grew too big for itself.

Even monero that i shill for has issues since to implement new privacy tech into it means that there is a "ruling" body in terms of the dev team that actively updates and hardforks the chain every ~6 months. a truly decentralized network shouldnt have anyone in charge of it, but its impossible to release perfect software on the first release

>>13838268
There are a lot of choices out there. No reason to limit yourself. Putting your eggs in one basket is suicide

>>13838185
I have yet to see something moneros privacy so if i were to pick i'd go monero since it outclasses bitcoin by design.

>>13838273
Bitcoin will continue to grow and solve it's problems in due time. People are just far too short sighted

>>13838268
>dip
There’s almost no dips, it’s really irritating. I keep raising limit buys (and sells)

>>13838330
Yep, likely a lot of people caught out of position who didn't expect the bottom to be so brief. Myself included, I bought a decent chunk at the 200 week moving average but expected to spend most of 2019 grinding around the lows, so I wasn't able to allocate all of the money I wanted to. People are going to get more and more frustrated waiting for dips that never come before they finally give up and FOMO in, at which point we'll finally pull back sharply.

I think we can make it at least to 10-11k before a serious retrace. The headlines once we pass 10k will be all over the place and normie FOMO will be in full effect.

>>13838319
>btc will continue to grow and solve its problems

no people will keep forking it and now you have a ton of meme forks. then you get 51% attacks since theres so many forks fracturing the hashing network

>>13838288
https://www.justice.gov/opa/press-release/file/982821/download

>>13838362
The moment I reallocate to 25% is the moment we dump back to the 200 week ma

>>13838421
I don't think we'll see the 200 again but historically bull runs have always ridden the 20 week MA up, and in 2015-17 we had multiple tests and retests. I would look to enter there if not already in position.

>>13838411
Forks will never steal more than a minimal fraction of BTC's hashpower.

Sorry to invade your thread /smg/. The rest of the board is /pajeet/ and it's the weekend anyway

>>13838455
alright i'll try to jump in there

no movie .....

>>13838830
WE ARE HAVING MOVIE NIGHT. WHERE IS IT.

If comfy or whomstever doesn't have a movie link by 12 est i'll host it with rabb.it

after 10 hours of intense thought, its time to sell all my most useless losers
All the Good year tires GT, some KHC, all LOCO, half SOYB. use the cash for the God move

>>13838830
I drank all this for nothing again

>>13838830
Why would anyone hold onto gpro? It's a losing game lol.

>>13838362
>normie fomo
I don’t think normies will care until it’s easily available through their regular brokers.

Only reason I have any crypto is because I got robinhood. And because link isn’t available on robinhood, I ignore half of /biz/.

>>13838411
C-can someone put this into boomerspeak?
I guess I really have to delve into the world of crypto kiddies or I’m likely to get dabbed on.

>>13838938
>shinji finally decides to get in the robot
I can’t wait to see what happens next!

>>13839017
https://www.youtube.com/watch?v=bBC-nXj3Ng4
watch this

>>13838932
I made an account...

MOVIE NIGHT
>MOVIE NIGHT
MOVIE NIGHT
>MOVIE NIGHT
MOVIE NIGHT
>MOVIE NIGHT

I couldn't get rabb.it to work, so i make a cytube.

>>13838830
>>13838938
>>13838961
>>13839017
>>13839032
>>13839050
MOVIE NIGHT IS UP

>>13839064
>>13839076
WE'RE WATCHING THE SECRET OF NIMH GET IN HERE NIGGAS

>>13833562
how about 500k

>>13833535
The stock market will recover r-right guys?

who else here loaded to the tits with puts

>>13833535
>super red week incoming

And why is that? I'm overall short this market right now so I'm not doubting you, but I'd like some 3rd-party opinion.

>>13839355
have you looked at a TV in the past month?

>>13838123
Coke and hiring only the sexiest thots in California

Tesla can't keep going down forever right?

>>13840573
no, Arkk Lady wouldnt lie to us

>>13840573
>>13840822
YOU WANNA BE AN AIR FORCE RANGER
YOU WANNA LIVE A LIFE OF DANGER
YOU DON'T WANNA GET RAPED BY A STRANGER

what's the deal with gold mining stocks

>>13840973
Damn
Seinfeld really lost his touch

>>13840973
Anyone holding TMUS or S? Curious if anyone believes in the NYPost "inside source" claiming FCC talked to DOJ before coming out for the merger.

page 10 survival bump

>>13835529
I'm ok with that. Good for Japan, which is an ally and forever will be. We have to keep Taiwan tho, at all costs. If Taiwan falls or gets taken, the Chinks have the upper hand.

>>13839372
So we go down until the Fed cuts rates on June 18th?

>>13842967
we go sideways or slightly down until further notice

unless the downward forces have enough momentum that even good news doesn't stabilize it

I hope fed doesn't cut rates, but the market is giving it some chances

I have like $60 in my BTC wallet, but i need to pay $50 in a unexpected expense.

should I cash out?

>>13840871
Ror! Its Airborne Ranger. Army not chair force.

>>13842989

We go sideways or slightly down until some news hits CNBC or Fox Business, and then the algorithms/retail react.

China isn't going to cave. Trump might. Stocks will go up to new highs.

If Trump sticks to his guns then the stock market is going to interpret and sell off stocks.

If China comes out and sanctions Apple or stops the export of rare earth metals, then the market is going to shit the bed.

>>13842269
I think that the worst plausible scenario this trade war takes is military action against Formosa.

The Chinks are in a corner, they don’t have a lot of ammo in this trade war. The most effective way for them to fight back is by launching a dozen missiles at Taiwan and threatening full scale invasion if trade isn’t restored.

Let’s be honest. The Chink plan all along was to develop a self sustaining economy and then going full out on expansion via military. Trump is spoiling this plan, but the Chinks may just decide to bump up the expansion timeline.

>>13843382
I don't see any reason for Trump to fold any time soon

China has more short-term pressure

We might see a downward drift over the next couple months, but I don't see a landslide occurring. It'll be a bumpy time

right now my eyes are on commodity prices first and foremost, even over USDCNY or indices.
Indices show no serious upward or downward momentum, they're hovering and waiting on news. USDCNY isn't showing hard momentum either, it's bound still.
Commodity prices are moving.

I think the Fed won't rock the boat.

! I think China recognizes that serious economic retaliation against the US is unfeasible, either they don't have the leverage or the action is something they don't want to do.
If you pay CLOSE attention to the Chinese response after the most recent tariff raise (and the Huawei thing), it was more on the side of blustering, less on the side of action. They took back their Pandas, they made a bunch of threats and murmurs about doing things but haven't done anything yet.
The point of this is that the Chinese government needs to show their citizens that it is battling valiantly with a powerful foe, while at the same time not escalating things too much (in my eyes)
Basically China has only a few more cards to play until the China<->US trade is completely shut down.
While that would be chaos for the markets, in terms of the overall economy it would do more lasting harm to China than the US. Withing 1-4 years any plastic thing you can imagine will just be made in some other poor Asian country.

>>13843572
as a follow up, three large trade war externalities at this point are:

1. Production outflows from China. The longer the trade war goes on, the more cheap goods will be produced elsewhere because of price pressures from the tariffs and the future uncertainties that the trade war represents.
Manufacturing didn't really rush out of China after the first round of tariffs. The escalation that the second round of tariffs represents may change that.
https://www.scmp.com/economy/china-economy/article/3011178/us-china-trade-war-manufacturing-exodus-creating-boom-times\
https://www.china-briefing.com/news/us-manufacturing-china-trade-war/

2. US politics. If Biden releases a statement that he will carry on the Trump negotiations if he wins, it adds huge strength to the US negotiating position overnight. However, it seems unlikely. But Biden also hasn't come right out and said he will end tariffs and negotiations if elected, either. A statement like that would be a breath of fresh air to China.
https://www.foxnews.com/politics/biden-slams-trump-over-escalating-trade-war-with-china
https://www.vox.com/policy-and-politics/2019/5/21/18628128/trump-tariffs-2020-presidential-election-joe-biden-bernie-sanders

3. Chinese food supply and costs. I'm not even going to go to deep into this one. Obviously their pigs are all dying, but tehre are other pestilences on the way as well.
https://www.bloomberg.com/news/articles/2019-05-21/ravaged-by-pig-fever-china-s-farms-now-face-armyworm-invasion
https://www.scmp.com/economy/china-economy/article/3011248/armyworm-bite-chinas-under-pressure-food-supply-within-two

Meanwhile on the US side of things, the SPX index is down 4.26% from the ATH :^)

>>13843856
>Biden
Sleepy Joe is a Chinese asset (like the rest of the DNC). No way Biden doesn’t communicate guarantees to the Chinese to assure them of preferential treatment after the election.

>>13844051
This. Its starting to become pretty obvious China is the real threat domestically. Fucking feinstein had a chinese spy for her limo driver for years. Just a coinicdence china stole tech that passed by her desk...

>>13841156
lol

Fuck it, I'm buying NVDA and BABA tomorrow. #YOLO!

>>13844221
On the US markets?
Good luck brethren

>>13844221
US markets are closed tomorrow for Memorial Day no?

>>13845059
They are lmao

>>13845059
Yes. Leaf markets are open though. That's usually bad for my leaf holdings. Canada tends to be bearish when papa merica is closed.

>>13844221
It's idiots like you that keep me sleeping comfortably at night knowing I made the right call to go balls deep into SOXS.

>>13833535
>super red week incoming
bought a huge AMD stack last friday, how bad did i fuck up?

>>13845059
Reminder that BTC markets are NEVER closed.
Reminder that BTC is up over 100% since beginning of year.
Reminder that BTC is decentralized and immune from manipulation by rich elites. BTC will never drop 10-20% because some rich old fart on the toilet tweets or some old loser raises some imaginary number by 0.25%.

Time for you guys to grow up and enter the real world of investing. Start accumulating BTC. We are going to surpass ATH as halving approaches. Do not ruin your life by "investing" in Vanguard. Join the new rich elite with us at BTC.

>>13845761
Very bad fuck up

Its getting ugly on markets

reminder that people only view humans as animals to alleviate themselves from having to make moral and rational decisions

>>13845796
>immune from manipulation by elites
Yes except for people who own lots of bitcoin. lmao wait till someone dumps their stack

>>13845928
Nobody would ever do that because BTC is deflationary and will always be worth more in the future. BTC is setup to be the best store of wealth on earth.

Feels like bears really need the markets to go down
another couple green/sideways days could really bring some pain to the leveraged inverse holders

beware the snips

>>13845958
haha I like it :^)

back to back movie nights to celebrate america war day?

>>13845796
>rich arent in bitcoin and thus cant manipulate it
>I’m going to use bitcoin to get rich!

>APHA up 15% in a day
thanks CRON and APHA, already up 75% so far in this year

Any good cheap investments rn?
>no weed
>no shitcoin
>not FNKO

>>13846209
Safe stuff:
hold cash (up to 50%)
infrastructure sector index funds (IGF, GII)
broader index funds (VOO, VTI, etc.)

Those aren't necessarily cheap though, just reasonable neutral value right now.

Even the stocks trading in oversold territory aren't super cheap right now.

I'm looking at commodities as the real current cheapies: USO and WEAT on RH have room to run more than equities right now.
If you're on a more comprehensive brokerage you will have even more options to build a robust commodities position

Chart 1 of 2 for the week. The 10 yr bond is making new highs for the year. Compare the relative position of the stock and bond markets from early Oct / Nov. Funds have been pouring into bonds in one direction. Stocks on the other hand are in the same position as where they started. There's some kind of disconnect here and one of these markets is getting it wrong.

Chart 2 of 2. Maybe a slightly better way to watch the bond market is to follow the actual yield on the 10 year. Consistent with the new highs, the yield has begun to make new lows.

>>13846325
weats been pretty shit over the past 5 years so im not so sure its a good move.

>>13846540
It's one of those things where I don't have access to the exact futures I would want to buy in RH, so I'm having a good time and executing my strategy with the tools I have.

bought WEAT and USO calls on Thursday and they've been very good to me so far :-p
Just because a commodity price is down historically doesn't mean it won't continue to increase over the next 6 months. All the pieces are in place to continue to lift the bulk food commodities throughout the summer

If you take the 5Y performance of something like a commodity as a core indicator for near-future price movement I dunno what to tell you :/

>>13845620
These sector wise sell offs seem to be where real cheapies can be found.

My understanding is that NVIDIA has less Chinese exposure than most of the semis.

And if we get a trade deal in a few months or so, I think Xilinx will likely retrace all its recent losses.

Come on Xi! Crash the Dow!
Papa needs a new VCR!

>>13846766
I'm not sure if this is priced in already but the automotive industry is going to start needing beefier gpus in them for the more advanced driver assisted tech

>>13846766
it's true
sector moves and index moves didn't have such a large impact on individual stock price back 10, 20 years ago.
Now that everything is indexed and ETF'd, lots of the price movement just happens because of higher-level consolidated equity instruments, not direct choices to buy and sell the underlying.
It will continue to be this way. It's sort of a double-edged sword in the short/mid term time frames because a stock can get an undeserved bump or dump. In the long term the effect will be less.

>>13846415
>>13846433
The T-Bill yield move on the 22nd was just someone transferring A LOT of oil money, see pic related

Also note how undeniably powerful lean hogs have become, +50% since February

The hogs can grow more powerful, leaner, and more hog-like still.

Live cattle, basedbean, wheat, corn etc. futures all still have a LOT of room to run IMO

and unless there is some huge underground hog deposit found in the next 6 months, the hog index will stay very high and will probably end up 2019 as the best performing asset class (unless bitcoin goes above 15K)
oil would have to go >100 and with level hog prices to achieve the same performance, and oil was WAAAAYYYY down at the beginning of the year

>>13846746
Thoughts on USOU instead of buying calls?

>tfw no robinhood lean hog ETF

at least there's COW

Look how creative our Chinese gatcha gamers are! Come on China, give all your money to Bilibili!

>the general consensus of this thread
loading up on spy puts i guess

BTC IS UP 5% in the last hour. THIS IS NOT A DRILL. LIQUIDATE ALL your stockies, bondies, and ETFs. It's time to jump onto BTC before you FOMO.

>>13848168
kys

>>13848168
you have the rest of the board to be a queer

>>13848221
imagine getting mad at someone that is trying to help you make money for once in your life.

YIKES

>>13848221
>tfw still waiting for my limit buy at $7600
th-this is unsustainable

>>13847304
I like the calls.
people in these threads are super horny for the leveraged ETFs and inverse ETFs. I was too when I was younger (think 2012, I was in university at the time). They have their place, but it is VERY specific. things have to go the direction you want them to, a decent amount, 95% of the whole time you hold any of these ETFs or their leveraged nature can sabotage your performance. You can google it and read about the math, or look at long-term returns from any leveraged fund.
For right now, I don't think oil is going to continuously trend up. I don't think the chart will look like the left side of a mountain, just going up,up,up and not going down.
But I do think that the premiums on the 3month/6month USO 13/13.5 calls is a very reasonable risk/reward.
I think there is the strong possibility of a serious upwards move in the price that could happen this summer or autumn, but the predicted movement precludes calls MUCH better than the performance of a leveraged ETF.
ONLY in a case like January/February of this year where oil was massively oversold and then recovered with the market are the LevETFs better than just buying USO or USO calls.


I was buying and selling OILU and UWT all through January and February, they were great performers for me then.

Note that USOU, OILU, and UWT are all the exact same underlying behavior, just different prices for the ticker. WTIU is slightly different.
One of the fun 'easter eggs' of investing is little tricks like this: I was outperforming the daily performance of those funds by buying/selling them based on intraday oversold/overbought conditions when my RH account was under 25K. In this way, you can daytrade without getting flagged! Basically I would enter each day with a few thousand dollars worth of one of the ETFs and none of the other. When I wanted to sell/buy intraday I just sold the one I had and bought the one I didn't. There is a short list of things besides crude oil prices that this works with

Iraq's leaders are vowing to stand with Iran after the United States ramped up its rhetoric against what it calls the Iranian threat.

Foreign Minister Mohamed Ali al-Hakim made the pledge following talks with his Iranian counterpart.

Al Jazeera's Rob Matheson reports from Baghdad.

> This is what Burgers invaded Iraq for
lmao

>>13846012
>that monster can
Well that gets a big ole SSSIIP from me bruddah

>>13846910
Correlation is waaay up across the board, man

Everything index’d and synced up (relative to a decade or two ago)

>>13848401
How much money you made with Bitcoin again?

>>13843856
I add to my list of trade war externalities:
Europe. If there is even a chance that Europe sides with Trump in any way in the trade war, China will have to take that very seriously.

Now I don't think that will happen. Trump has antagonized Europe a bit, and for most European politicians they might lose many votes by doing anything 'Trump-friendly'.

HOWEVER, there are some interesting subplots that are NOT priced in right now.
There could be some side negotiation between Trump and the EU where Trump gives the EU a VERY good deal in the auto-tariffs and the Airbus-Boeing spat in exchange for EU tariffs against Chinese goods.

Also consider that the 'less anti-Trump' stage in Europe is being set.

In the last 24 hours only, Mommy le Pen beats Macron (pic attached is her daughter, I have a better picture of Marion's milkers somewhere but can't find it):
https://www.bloomberg.com/news/articles/2019-05-26/macron-humbled-by-french-voters-as-exit-polls-show-le-pen-wins

The pro-Trump Europeans are probably not anywhere near large enough to give him any leverage against the Chinese in this term of his presidency. But think like a deal maker, there could be something there....

I've never wished for another person to fail as ardently as I do for cryptofags to lose all their money

>>13848517
That's probably not a smart argument to pick. I'm not that dude, but I invested <$10k in 2016 and while I didn't liquidate at the top, I've personally realized over $150,000 in gains in the last three years.

Still have a fairly crypto heavy portfolio, but it's nowhere near as bad as it used to be.

>>13848517
Made more off scam coins than that top kek

>>13848747
>>13848749
The point is the market is a big place and there is money to be made everywhere.

Not just techno-forex.

>>13848517
That's cute

>>13848691
trust me, the feeling is mutual stockcuck

>>13848790
>"How much money you made with Bitcoin again?"
Lol, seething

Should I just hide in a money market fund for the next few weeks? My brokerages have hemorrhaged something like $1700 over the past three weeks. I hate it.

>>13848844
could you at least not shit up the one good thread on this board with your garbage

>>13848889
post actual proof of your returns

>>13848584
THAT'S what marie le Pen looks like?!
oh... no that's her daughter.
Marion vs. Ivanka... hmmmm...

>>13848927
market's closed on a sunday, what do you fags even discuss?

>>13848816
I know, isn't it?

It ain't a dick measuring contest and I was asking that specific guy who comes into the stock market thread and shits it up.

It's hard to describe how little I care about how much you've pulled in from Bitcoin. Especially the one time it went from $200 to $15k~.

That's like bragging that you made a lot on money on real estate in 2008.

Wow, you're a real pro.

>>13848955
anything is better than crypto, but relevant geopolitical events and research on individual stocks is still relevant when the market is closed

rmyt

>>13849011
Nice dubs!
A little deceptive though, the amount people lives were effected by the big wars with major drafts, like WW2 and Vietnam, is completely different from our Iraq/Afghanistan wars.

I'm hoping we can solve more things with economic warfare, like we're doing with China right now.

This is absolutely a battle over global hegemony

This is what I hope happens next week;

Amazon stock rises so I can sell and make profit

T stock falls to 30.50 so I can bag 200 shares

AMRN gets FDA approval or a buyout deal happens

Not to much to ask is it?

>>13849156
T could totally take a hit when Sprint & T-mobile merger goes through.

Your strategy seems misguided though. I might rather buy V or nok or anything else related to wireless/5g

Not sprint though, I have no confidence in those companies, before and after the merger.

>>13848972
bragging about making a ton of money quickly in a bubble and knowing when to take the money and run is definitely worth bragging about. The only people who get salty about bubbles are those that either held round-trip or didn't get involved at all and have sour grapes towards those who made out like bandits

>>13848979
>anything is better than crypto
certainly not from a returns perspective

>>13848436
KTOS and KEM are looking like even better long holds...

>>13848955
its closed on Monday too nigger, now fuck off

>>13849333
No. It isn't.

What's worth bragging about is consistently generating returns.

Bragging about winning the lottery is some brainlet shit.

Would it be better if the stock market were open 24/7?

>>13849457
Good thing I bought another 40k worth at the literal bottom to set myself up for this next cycle, then

next week another 10% elevator down, followed by a 2% relief rally on friday.
do with this information what you will

>>13849498
won't happen until boomers who follow normie sleep schedules die off

https://www.marketwatch.com/story/24-hour-stock-trading-never-took-off-heres-why-2011-11-30

>>13849540
If you're only generating profits for yourself through whatever job you have and Bitcoin you have literally nothing to brag about.

The amount of money doesn't matter in my screenshot.

What's important is averaging 100% returns over five years.

We'll see who has more money 15 years from now.

I'm long ES yet again, are futures closed till Tuesday too?

>>13845958
Yeah, but once everyone realizes that it's deflationary it's no longer a viable currency. Then it's just 1s and 0s.

>>13848168
>Quick guys, FOMO before you FOMO

To anyone holding AMD, this thread may be useful

>>>/g/71123643

>>13848168
Absolutely the only thing I prefer about crypto is that the market is open 24/7

>>13849628
I'm gonna make enough over the next 3-5 years that I can literally sit in cash for the remaining 10 or so and still smash you on a percentage return basis ez

If I want to completely crush you I'll diversify into equity index funds once I have enough capital to make those returns meaningful

>>13850062
We'll see.

Considering you have no idea what you're doing and rely on one investment vehicle that has nothing behind, and therefore nothing to learn about why it moves the way it does, I find that doubtful.

Good luck either way.

Unlike you I don't harbour any ill will towards cryptofags.

Just leave us to discuss the market in peace.

>>13848517
Do you really think you'll be able to keep catching the penny stocks that are ripe for a pump?

(obviously the same can be said for the P&D cryptos. Seems like very similar game to me)

>>13850062
You should definitely not have all your eggs in one basket, Edboy. Pumps have a tendency to dump...
>tfw simultaneously want to fomo more money into BTC and ETH, and also take all my money out before they crash
Welp, guess I'll sit on my hands until we hit 7.5k or 10k

>>13850267
I'll be able to generate healthy returns. It isn't black magic to make money on the OTC.

There is more to the OTC than exclusively P&D like crypto currency and there is lots of space to make money.

>>13849546
>3.33% down average on T W Th

man I doubt that so much

eXtremely unlikely


>>13849639
futures will open Monday night Eastern time ya

>>13850460
Monday down 7% on china banning BA and AAPL news
T flat
W selloff continues as trump goes on incoherent 4 hour twitter rant with references to japanese internment camps and how he is going to "bring back the good old days"

>>13850488
AAPL is like the kid of two parents who hate each other

>>13850488
oh move every day up one day, as markets are closed for memorial day

>>13850488
>china banning BA and AAPL
WAY too early. Trump is bringing down the hammer CONSTANTLY, China is just holding it high above the head.

This is a longer game than a few weeks, China is taking it's time. Waiting for opportune moment, perhaps. Once shit hits the fan in Iran, Venezuela, or anywhere else, THAT is when the other dominos will fall.

Maybe I should have waited before I bought those SDOW's.

>>13850594
And those parents never care about the kid if their hate is strong enough. They either get divorced, and try to bribe the kid to like them more, and poison them against the other parent.
OR: they stay together and make the kid miserable.

It's too late for a clean break...

So nio earnings this week. Time to buy puts?

>>13850488
'no'

the market is closed Monday

7% down in a single day would require a LOT more news. China banning AAPL would be super unexpected (I put odds at under 15%, if they were going to do it, it would have to be soon).


>>13850828
Earnings don't matter much for NIO this quarter.

I wouldn't buy puts or calls, too unpredictable on its own and WAY too many externalitites

If you think it has a future, buy shares. If not, don't. That's all there is to it. Mostly NIO should be ignored, other fish in the sea right now.

>>13850888
Fair enough. Glad I pulled out like a few months ago when it was almost 8 bucks. I'd be pretty sore otherwise.

lol stupid stock fags.. crypto is flying

Bitcoin has been diverging with SPY since the beginning of the year.

Feeling a circuit breaker coming in US indexes this week. Hope you didn't go long on Friday lol.

Shitcoiners are euphoric. Crypto crash incoming.

Even if I wanted to FOMO in bitcoin, i'd either have to wait days to sell my securities and transfer it to binance or whatever

Ok so I'm about to close ES in green again what a stupid market.
BTW I'm restructuring trading portfolio this week, going less aggressive unloading everything except TSLA short swapping to Dollar long euro short and some defense ETFs. Any good ETFs I need to know ? SQQQ TQQQ aren't welcome

>>13851652
If you've made good money in the past couple weeks, no reason to not play it safe.
smart little hans
is someone ready with a new OP in ~ an hour or should I photoshop something up?
it might be bears mating (or bear related), I dunno

How does the Par Value relate to dividend yield %?
My dad insists that divdend payouts are calculated from the Par (nominal) Value of the stock and has nothing to do with the current stock price. I tried to demonstrate using several examples that, for example, KO paid $1.60 per share in 2018 which amounts to around 3.23% of the current stock price. And T pays $2.04 per share which amounts to around 6.32% dividend yield.
However, he just got angry, and told me I need to learn more about finance, and that these numbers don't mean shit because they calculate it all based on the Par Value of the stock (which doesn't change: for KO = $0.25, T= $1).

I gave up trying to talk to him, trying to convince him that we're talking about two separate things.

He's 76 years old, is my dad sundowning? Or what the fuck did he mean when he said dividends are calculated based on the Par Value of the stock.

>>13849498
no, it would be a nightmare, ask any forex trader (not crypto bullshit, but actual world currencies)

>>13852151
>mfw as he came by, cutting up an apple and trying to feed me like I'm still a child
>saying typical mean dad shit to make me feel like an idiot for arguing the point
>I need to move out

>>13851906
Last week was really best week YTD for me. But that's mainly because of TSLA. I lost some trades on oil and SP but I benchmark myself on weekly basis so all good. On index and oil however market became too impulsive for me and since Musk won't be giving short sellers free money forever I need to adapt

>>13852227
Are carry trades and just swaps included in FX ? Because I know some countries borrow in currency X and then buy assets in currency Y creating huge FX volumes.

>>13851247
Post more dancing bears to make it happen.

Baking bread because everyone refuses to post at the bottom.

New
>>13852540

>>13852540

>>13852540

>>13852540

>>13852151
>>13852233
doesn't make too much sense to me

whether he knows what he's talking about or not:
at that age, just try and understand what he's saying, and don't try and argue against him and prove you're right.
learning new things isn't really possible at that age.

once a person is at that age, just be as friendly as you can around them. Talk about whatever they want to talk about, learn what you can, etc. Don't take anything they say too hard or too seriously.

Much love. I wish my dad lived to 76. He was clever in his own way, maybe too clever.

>>13852543
It's considered a bit of a faux pas to make a new thread before 310, especially when they are moving this slow

and your OP is a bit garbo
and all you did in this thread (from what I can see) is try to bait pendulum, when we all know that isn't worth anyone's time.

I will let it slide only because it it Sunday night
beware