/biz/ - Business & Finance

>>13926051
>Anime
>Harry Potter

>>13926051
Will have to copypaste the OP from two threads back since the last OP probably broke two of the links, and nobody else cares enough to do it

Greeny green day tomorrow.

>>13926091
That's Katawa Shoujo, a VN made by 4chan posters

>>13926091
>Katawa Shoujo
>Harry Potter
>pic related is you

>>13926100
Oh dang. Hopefully I or someone else will fix it next time.

>>13926114
I believe it.

>50% TQQQ
>50% SQQQ
heh....i can't lose
your move jews

Tomorrow may be a glorious buying opportunity.

>>13926051
>Katawa Shoujo
OP has known true feels

>>13926051
Which of these lottos is more possible?

June 21 NVDA 90P
June 21 AMZN 1420P

>>13926139
Slippage.

>Update 1: it's going from bad to worse, with the White House warning that it will hike Mexico tariffs to 25% by October 1, if the border crisis persists, as Trump is activating a scorched earth approach whereby he will "punish" any offshore nation that he believes is transgressing, by imposing tariffs.

>Meanwhile, moments after Trump's shock tweet, the Mexican deputy foreign minister Seade said that if President's threat to impose tariffs is carried out, "it would be disastrous", and Mexico would "respond strongly", adding that "we will not remain with out arms folded" before the tariff deadline "to see if it is serious."


>This Mexico tariff news is far worse than even the initial market reaction makes it out to be. The timing is almost immediate. Chaos for both companies and bureaucrats. No time for anyone to prepare or make contingencies. The only way the S&P 500 doesn't sink massively today is if Trump rows back on this. The U.S. imported almost $350b worth of goods from Mexico in 2018.

>What makes it even worse again, if possible, is that so many traders were hoping Trump would soon take a more conciliatory trade zone because U.S. stocks have weakened.

>This is a black swan event for markets and people aren't even registering. Maybe traders are all hoping there's some mistake or that this won't be implemented.


Ay fuckin Carumba mates

>>13925925
>oh FUCK that means the dems can put up any candidate and they'll win... Should I buy more TVIX, SDOW, SQQQ? Or do I buy RGR, Vista Outdoor, and the other one?
The problem with the yield curve is that even if it's one of the best indicator of a coming recession, it's not that great at telling us WHEN it will happen.
Historically a recession happened 8 to 18 months AFTER an inversion.
So even after an inversion the markets can reach new highs.
So the recession can as well be in December 2020 after the election especially if the FED goes all in in order to "save" the markets.
I would wait at least until the next FED meeting in June 19 02:00PM ET and of course see what happens at the next G20 meeting and eventual talks between XI and Trump.
So for the moment I would sit on my cash and wait until the beginning of July to make any moves.

>>13926139
Omaewai shindaru

>>13926157
2020 is going to be fucking insane

>>13926114
>made by 4chan posters
It's nice that they even matched Potter's sexuality

>>13926117
Anyway, to cover the significance of Mexico tariffs, I'm copying and pasting my previous response from the last thread.
How many cheap goods do you think come in from Mexico? I'll give you a hint: a lot. The globalized economy also means a hit to Mexico will naturally hit us, thanks to the people moving money to Mexico (remittances + investments) and those moving it to US (capital flight, etc).

https://atlas.media.mit.edu/en/profile/country/mex/

70% of Mexico's exports are to the US, and 50% of their imports are from us.

https://atlas.media.mit.edu/en/profile/country/usa/

Mexico's our largest importer, at 15% of our exports, 14% of our imports are from Mexico. They're roughly as big as China when it comes to trade, and they're triple Japan's size of our trade. This is only slightly better than China tariffs, if only due to the rate. The surprise of doing it might be rather painful.

Also, to add on, this tariffs (to my knowledge), are unexpected. USA has a trade deal. The fact we just suddenly added these, without any real buildup that trump was going to use tariffs as retaliation against illegal migration, is going to hurt.

Bonds are inverted- people are starting to fear volatility and want out. The fact trump has this much influence through twitter over peoples' 401ks is not something boomers are going to want to see.

>crypto shills on this board

DDDDRRRRUUUUMPPPFFFFFHH

>>13926157
>activating a scorched earth approach

>>13926157
What the fuck. 25% on our second largest trade partner is absolutely retarded. Add in what I put >>13926166 as well as the predictions BEFORE THIS CHAOS (see below) putting chances at recession at 20% before end of 2019 and 35% before the end of 2020, by a group of panelists (not one dude), then we're probably doomed.

(here) https://www.nabe.com/NABE/Surveys/Outlook_Surveys/March_2019_Outlook_Survey_Summary.aspx

>>13926158
Why did I not sit by my phone after market closed to dump all my free cash in TVIX... god damn it it’ll be too late by the open.

>>13926083
I wonder if we should count the first inversion as the beginning, since it’s been waggling around the same area since then.

Still, that doesn’t mean I can’t make moves, that just means I can’t make big recession moves, or moves based on the election outcome.

I can still make tariff moves, and election season moves.

On the other hand those who got cash to spare will be mighty rewarded buying all those Cheapies.

So those folks can't really lose.

https://finance.yahoo.com/quote/BBW?p=BBW

I bought some of this just so I can have BBW in my portfolio for a while

>>13926157
I just don't see how it makes ANY sense to suddenly at the end of May 30 put tariffs on Mexico over illegal immigration

does ANYONE understand this?

not only is this bad for the markets, most importantly it's just SUPER WEIRD
It makes it seem like Trump has no idea what he's doing. Maybe it's dementia, he forgot about the Mexicans until just now?

Gives a feeling that the Chinese negotiations won't end as successfully as we anticipated.

what next, tariffs on Japan if the wrong girl wins in Trump's favorite romance manga? Tariffs on England if they don't knight him?

It's absurd, we now have to be pricing in the fact that this guy is way more unpredictable than even his critics said.

>>13926207
>What the fuck. 25% on our second largest trade partner is absolutely retarded
Anon I'm staring to think the 4D chess is more 1D

All they have to do is enforce border patrol. I like this. Short term pain though.

>>13926222
He's had two years to do anything about all the darkies running around in this country and instead he spent the whole time sucking off Tel-Aviv (now Jerusalem), and suddenly it's time to deal with Mexico? and with tariffs? Really?

>>13926222
he has to be bluffing, no way he is actually going to do it

>>13926263
he has been trying to get the border wall done but has been cock blocked by congress at every turn
he even went as far as pulling the executive emergency order bullshit

how can you honestly say hes done nothing on the issue with a straight face

and sucking off tel aviv? really? all he did was move the embassy

>>13926222
What the fuck do YOU know? He's the president and he gets briefed every single day from multiple arms of the government about what's really happening down in Mexico.
He warned them many times on Twitter that they must stop the illegal caravans marching towards U.S. border and it worked for a while.

Now he wants them to stop border-crossings or at least stop being compliant. But knowing Mexico they probably told him they won't do shit without more gibs

Now, faced with this situation, what would you do?
1. Ignore the problem
2. Give them what they want (gibs)
3. Secure the border on your side (wall is being built)
4. Disincentivise this cynical behavior on part of Mexico

He's doing 2-through-to-4. It doesn't matter if markets take a shit tomorrow... your fucking calls are not more important than this country. #MAGA

LCI is the new Treasury bond

>>13926236
Can we just go back to 2D chess? I'm starting to get scared.
>>13926211
I have some small reserves of cash, other free money has been going to my boomer funds. >>13926222
I think Trump is going to try to "crash the market" before undoing everything so instead, he looks like a savior during the election. I don't think he understands that just because tariffs cause a recession doesn't mean removing those will save the economy. I think he's desperate since "the wall" would be a massive and physical testament to Trump's actions (hence why dems have blocked it) and now he needs something else for the election.

>>13926208
>>Still, that doesn’t mean I can’t make moves, that just means I can’t make big recession moves, or moves based on the election outcome.
>
>I can still make tariff moves, and election season moves.

Oh yes of course.
One last thing, seeing the 3y and 5y under 2% means the market is expecting AT LEAST two 0.25% rate cuts, anything less than that from the FED would be seen as disappointing. The markets can really plunge if the next FED meeting doesn't give Wall Street what it wants.
Be prudent, good luck anon!

Mueller testimony was yesterday
The man knows how to divert attention

Remember when people cared about grabberbythepussygate?

If you want to keep a dog busy, you throw it a bone. If you want to keep the media busy, you set fires everywhere and then tell them they’re fake and that’s why they can’t get your ratings.

>>13926263
>trumps base hates the Jews
>trump loves the Jews, would probably be in prison without all his Jew lawyers and that one shitty lawyer who took care of his prostitution budget
/pol/ status: btfo yet again

The Mueller testimony was YESTERDAY

>>13926287
if it's a bluff it still looks dumb
and honestly I think the Mexicans will call him on it
it's not like the rest of the world is blind to the China thing or all the other buzzards circling over Trump's head.

I was super OK with the way the China thing was going until now. Play hardball with them, keep the focus on china, stay stable everywhere else (Venezuela, Iran, Syria, etc.).
The Mexicans might not fold on this one. If they hold their cards it might come out in their favor.

>>13926298
What are you gonna do, Donald? Put a tariff on me?

>>13926322
>He warned them many times on Twitter
big brain right there
I'm not concerned about my investment position, I'm concerned with the international diplomacy of our country.
This looks bumbling and completely the opposite of strong leadership. It might well fail and make the Mexico situation worse, and definitely WILL decrease leverage against China at a time when we need it most.

IMPEACH NOW!!!!!!!!!!!!!
I DONT CARE ABOUT GAYS OR ILLEGALS OR FUCKING TRANNIES BUT MESSING WITH MY MONEY IS GOING TOO FAR

>>13926362
Trump knows how to play multiple sides to keep his game going. Unfortunately, in my humble opinion, he fucking sucks at actually being president (his job)

A lot of very thorough posts in this thread I’m looking forward to reading.

But one thing I WILL NOT tolerate is this:
A lot of people here are talking really bad about the president. Do you think you could do his job? Show some fucking respect.

This is the man who kept our country from devolving into mariachi bands. He just saw the footage from cinco de Mayo and he is NOT happy with us.

I know $SQQQ is reset daily, but if you expect "the big one" coming soon, can you hold it semi-long term?

>>13926369
America has been the worlds fuckdoll for the past 20 years

>>13926362
This is spiraling though, this is getting out of hand.
This has gone way beyond the vag grabbing.

Winning the negotiations with China is probably the most important of this decade. But certainly the most important of this presidential term.
And now the boat is getting rocked on a Thursday afternoon because of Mexico?

>>13926416
Alright who doesn't like mariachi bands though

>>13926417
the important thing with the leveraged ETFs is continuous momentum every day in the direction of the ETF.
As long as it goes down EVERY day and not up, you're gucci. Once it crabs a bit, it starts eating you

>mfw SPY

>>13926417
sqqq loses 10% of value a month so you just need the market to go down 3.33% a month to break even

Sounds like everyone itt is afraid of recession, and so am i

That probably means I should buy

Are there any 2x leveraged inverse SP500 ETFs

>>13926420

>>13926051
I'm a NEET from /ksg/ so I don't know wtf you're talking about here but here's a cute Lilly!

>>13926433
Thank you

>>13926433
There's over 50 million illegals in this country and 90% of them use welfare

My old home town speaks fucking spanish in the elementary schools, Mexico blatantly encourages illegal immigration

This country will be fucking gone in 20 years unless the pace stops

>>13926451
Open a bank account, put $20 in it, install the Robinhood app, buy SQQQ, thank me later

Short term pain/rape, long term border secured. Sacrifice is required. But it will come back.

>>13926451
And here's a rin and emi in return.
>>13926446
Everyone itt =/= the general public. Be careful when conflating your circles with the populace as a whole. The next week or so will tell us if people are starting to get antsy, but even then, people are still pretty euphoric (especially considering unrealistic expectations for the future)

>>13926478
I meant $200

>>13926486
Just wait for the job report to show economy is killing it for people to forget about recession talk

>>13926369
Oh my goodness anon, were you alive before the gwb presidency?

We still haven’t recovered. The worlds opinion of us is that we are bumbling idiots, but also murderius as fuck. (Also, some of them don’t approve the way we pay people to murder black men, but that’s a minor thing.)

>>13926451
Welcome!
Hanako a best girl, and Shizuka needs to shut the fuck up.

Give /fehg/ my regards :3

>>13926466
listen I don't want 50 million illegals here either
but if your response to illegals is a 5% (increasing to 25%) tariff on Mexico 2+ years into your term, while the stock market and economy are showing some signs of topping out, during a trade war against the second largest economy on earth, I question your leadership skills

maybe he's got some slick intel.
maybe he pulls a rabbit out of a hat.
but after 3 years now of slapping down media talking points when I hear uniformed people around me questioning the President's decisions, I am now questioning this decision. I've supported or been neutral of many of the things this administration has done, and against a few, but this is the first one that I see that can really start to unravel everything.

The slick 'making deals with every other country on earth in 4 years' tour we were on was actually in a decent place. Things were going along well in China, we looked relatively calm and stable.

And now VERY quickly our leadership doesn't look quite so stable anymore.
You know, the markets have been trying to support Trump here.
It's been a barrage of FUD the last month, and the stock market really isn't down that much. But at a certain point it gets real tough man

It's just confusing.
Like he could have just NOT suddenly dropped the tariffs like a bomb here.

>>13926572
He knows he can tank the market and economy a little and get the rate cut. Long time for him to mend the market.

>>13926558
That would give Powell justification to NOT cut rates, I’m not sure the market would love it.

>>13926572
This is dumb, you don’t want 0 illegals. But the ratio of sexy young single Latinas to undesirables is way fucked up.

>>13926446
This is a very good good point.

How long does it take for new moves to be reflected in the COT?

Heh, maybe now MSFT will tank down to $100 again.

>>13926560
>We still haven’t recovered. The worlds opinion of us is that we are bumbling idiots, but also murderius as fuck. (Also, some of them don’t approve the way we pay people to murder black men, but that’s a minor thing.)
You're missing my point. I'm talking about the negotiating positions that Trump has been building ECONOMICALLY with/against Canada, Mexico, EU, China, and others through his presidency.
These are NEW positions, meaning Obama wasn't rocking the boat in terms of international economic policy at all.

The point is that the negotiations that have been underway are in some part underwritten by the idea that 'our team' has all their ideas nicely laid out and planned.

>>13926604
Hey we'll see about that. We could 'mend' the economy overnight by signing some bullshit deal with China. The problem is that getting a GOOD deal now becomes a more remote possibility.
The market will always recover eventually. Our chance to deal with the Chinese in an efficient manner will not.
Cutting rates now ALSO does not show stability and it reduces further leverage with China
I will reiterate that the S&P going down some IS NOT what's important here at all. We need to show strength of leadership and overall coherent strategic vision. This just looks dumb and nonsensical.
I can use more words if it will help

This is such bad timing
Mexico better surrender immediately
I just put new money into the beer sector today

>>13926486
Im 27 so I'm a boomer, starting to think long term. Got 30k to park in stocks for at least ten years. Figure if I pick safe ones I'll have a better return on deposit than just putting that money into a CD (best rates I found were 3 percent for six years at Marcus Chase)

With this long term mindset, should I even try to time the market?

>Republicans are the pro buisness party
OH NO NO NO NO
TRUMP ON SUICIDE WATCH

>>13926679
This is strength of leadership. It's just a lot at once. Use all the words you like.

We've (the U.S) has basically turned into the world's biggest bully. Funny though; the world runs on oil. Guess who has control over most of it; it ain't us. All those Middle East OPEC countries have to do is turn off the tap. The ironic thing is that they get most of there power from solar collectors so the oil is just an export to them.

>>13926697
Nah. Don't time the market. If the market hasn't recovered from whatever recession, and then grown, from now, we have problems. Compare the 2008 peak to now, or the peak before then and 2008.

Also, dumping it all in at once will be more effective than DCAing into the market. The only difference is peace of mind- having the market go down as you steadily average in is less taxing than dumping 100% and watching it go down. You get more exposure to growth and declines the longer you're in the market.

I'd say put it into a boomerfund (do your research, although I recommend VTSAX if you're lazy) for stability and solid growth, since if the market as a whole goes to 0 your best investment is probably a gun, toilet paper, as well as food/water.

Contribute to your fund regularly, and don't take it out for the long term (10+ years), and don't panic sell. CDs will massively underperform the market but will give you more stability.

>>13926558
This just happened.

https://twitter.com/spectatorindex/status/1134267751537627136

>>13926685
Christ! Why do you keep going to the “processed shit people buy off the grocery shelves” sector?!

Not to mention, places where dudeweed420smokeit is legalized see a decline in alcohol consumption.

What’s your time horizon on that shit? TAP?

>>13926791
Thanks bro, this thread is a beacon of hope in an otherwise worthless board

>>13926785
Actually we're net producers of oil now.
https://en.wikipedia.org/wiki/List_of_countries_by_oil_production

>>13926771
>This is strength of leadership
I've explained why it isn't, but I'll re-iterate:
if the best you can do about illegal immigration is to tweet for two years and then impose tariffs in the middle of a trade war, that shows poor judgement and lack of strategic vision.

now feel free to explain why you think this shows strength of leadership. Let me know why it took 2 years to get to this point. Let me know why tariffs after two years in office are the most effective way to achieve the goal of ending illegal immigration.

>>13926785
we do produce plenty of light crude now, fortunately. Also we're on very good terms with the Saudis, Trump spent a couple years buttering them up. Have you not been paying attention? Literally headlines about him forcing an arms sale THIS WEEK

>>13926791
In this case, what do you think about going all in now? Or should I wait a few more months.

>>13926861
I'd wait to see what the fallout from all this shit will bring first. You don't want to toss money in and watch your investment just drop by 50% due to some new smack talk that comes out the day after. Once the shit has kinda died down then move in for the kill.

>>13926861
Trying to time the market is the same as trying to predict the future. Recognize another 2008-esque event can happen soon. Are you willing to lose 50% of your investment? Anyone can tell themselves in times of euphoria/bullruns that they can hold through thick and thin. The question is when it actually happens, can you hold? Can you remember that selling confirms your losses while 10 years from now, you'll be way higher? If you can't do that, then dollar cost average in over a period of time.
Make sure you continually contribute, beyond your initial contribution(s). You'll be able to get cheapies, especially as the market looks to meltdown soon.

>>13926845
When half of Congress thinks we need a large welfare state and also open borders then one has to give up on their participation. Trump should have done this a while ago.

Trump is showing that the US is finally serious about protecting it's own interests. The status quo was garbage. All we did was bleed for decades.

>>13926861
Drop 10 k in VTSAX right now, or sometime soon.

Then wait a bit until people are upset about losing money and put more in.

This is a time of great uncertainty, but very little losses. Deploy money strategically. Buy when you hear someone worry about their retirement, or cry about their losses, or you hear about wall streeters doing swan dives into the concrete.

Also, don’t listen to trips.

>>13926905
>>13926910

Thanks bros

>>13926828
time horizon: 1 day

Looks like this daytrade just became a swing trade

Watch; soon we will be the United States of Welfare. The Govt will give you "everything" The problem? Look at the U.S.S.R. Oh wait it don't exist anymore. Yeah they kinda thought the same thing "Govt will provide everything" They don't exist anymore. You know what does? Russia and the vast majority of those little shit hole places that end with "stan" in the name.

>>13926922
That's all fine and well in the big picture.
But putting tariffs on Mexico is nonsensical in terms of the other plans that his administration has in motion right now.

You agree that the timing is off by about two years, if the decision is that tariffs are the best way to go (probably not though).

The biggest problem I have with what you're saying is:
>Trump is showing that the US is finally serious about protecting it's own interests.

I was right there with you until a couple hours ago. We were tough on China, the market was hanging in there. We were making peace with our north American neighbors in regards to steel and aluminum tariffs. It felt like there was a plan and everything was going to plan.

Right now it feels like there was no plan all along. It's like he's going to threaten tariffs on the Democrats in Congress if they move to impeach him.

The biggest problem is that countries like Mexico and China can just shrug and say 'you're loco' to Trump and wait a couple years. He's pushing too hard and thus losing the leverage he had with China.
Now it's more likely that EVERYONE will call his bluff and he won't be able to deal with it.
We NEED to just ONE national opponent at a time. We try and fight everyone, we lose.

>>13926222

LOL, this is literally like in elementary school when you lose an argument, you take it out on someone else who's smaller than you.

China was the argument, now Mexico is the one getting it taken out on.

>>13926208
A small reminder that I calculated what would happen if you invested in bonds directly after an inversion and waited 3 years before going back into the stock market. It's better to take the signal seriously and not fuck around. Sure, there could be more gains, but the hit is always worse.


Personally, I think we'll have a recession later this year due to lower profits from higher wages and the shock from a trade war, but who knows.

>>13926985
Does that mean you’re gonna DCA down?
I’ve gotten nothing but pain that way.

>>13926445
The whole fucking index needs to go down a full 3%?! That’s pretty massive, and that’s just to break even? How am I supposed to make any money?

I can’t just naked short the market when a tweet could send it into the stratosphere.

Maybe tvix?

>>13926644
Unchecked dubs is murder

>>13927083
if it goes down more than 3% a month you make money

>>13927068
But we WEREN'T losing with China. WE were in a really decent position, they were the ones squirming and making threats.
I'm not going to say we were in a winning checkmate position, but we had the upper hand.

Now that we throw Mexico into the mix, it makes it more likely that China and Mexico (and Canada, the EU, etc....) can all work together to call our bluff.
It's not like these other countries can't read the situation. It's not lie we're engaging in a strict one-on-one deal with these countries. They can easily work together against us. And we're putting them in that situation! sad

If it all works out I'll be the one celebrating the most.
If we get the border secured and the China deal, damn.
But it's looking realll tight right now. Looking really messed up from where I'm sitting.

>>13927141
TTP would have helped with China with no need for trade war, in fact China agreed with it. Trump is just a literal retard.

>>13927083
>gonna DCA?
Not necessarily. I just scalp every major support level to maintain the position

and Food/sin stocks can often be green on red days so I might have a chance to profit tommrow

>>13927023
They can't wait forever with the tariffs weighing on them. You act like the tariff pressure means little to China or Mexico. Their economies will deteriorate faster than ours.

Your 'feelings' are off. You are just panicking because it's a lot to take on at once. Even Schumer was defending Trump on China. He's fine there and recently even the media has been writing articles saying there border was in an emergency state and too many were coming. The separation of families will be solved by Mexico enforcing their own borders as they should.

The political fallout on this is not what you think. And his base will love it.

>>13927147
People here must be too young to remember what the liberals did when TPP was proposed. Literal chimpout all over the internet especially Reddit...

>>13926950
>>13927071

Vstax better than a ~3% CD?

>>13927147
man until this Mexico thing I thought he was playing a pretty good hand.
I've defended this guy for 3 years now from people calling him names and saying he didn't know what he was doing.

There's still some weird outside chance here that he has some KILLER intel that china is 100% about to cave on the trade deal and he can put heat on Mexico now.

I really don't think all his actions seem dumb. This one does, this Mexico thing right now seems SO CONFUSING and out of line that I can't even describe it.
So I can either say:
Trump lost his marbles AND his cabinet lost control of him,
or someone in his cabinet let him run with a bad idea as sabotage,
or it's a good idea from the intel they've got and it just looks bad publicly right now

I'm an America, I hope it's number 3

Do we know what trump actually wants from Mexico, or do we just assume tariffs no matter what? No immigrants means what exactly?

>>13927194
Hmmm.
I’m not sure what scalping is, but I thought swinging was just trading around a position.

I hope you’re right about sin stocks, MO has been going nowhere but down!

>>13927242
It means they work with the U.S. to stop illegal border crossings.

CEASE & DESIST

>>13927198
>You act like the tariff pressure means little to China

I've never said that. In fact I've made very long and detailed posts IN THESE THREADS OVER THE PAST COUPLE WEEKS detailing just how the Chinese economy has come to feel pain as the tariffs increase.
I've basically been the only one posting anything informative in that regard besides the Asian bro from Hong Kong or somewhere.

The question is can they last 2 years (or 6 years).

I'm not panicking. I have no reason to panic. If I'm distressed it's because I know exactly how Chinese leadership will see this event. This is a complete reversal of course. We were JUST backing off of Canada and Mexican tariffs to focus on China.

>>13927242
>Do we know what trump actually wants from Mexico,
'Details to follow' for now.

>>13927324
They can't outlast Trump. And even a Democrat replacement would be under pressure to continue trade talks in the same way.

>>13927211
six years is quite a long time to have your money held up, especially when there's no way of knowing what the interest rate environment will look like 4 or 5 years from now.

Try looking at 3 year CDs, rates will be closer to 2.8 to 2.9, but the better liquidity will probably serve you well.


Markets can go down or sideways in the span of decades, and you run into political risks when you look at time spans longer than that, even though markets tend to perform well on the scale of 20 30 years.


VSTAX isn't necessarily a bad choice for long term investing, but bond funds would probably be better at this point in time, such as EDV or BIV. If you do go with VSTAX, at least diversify into one of these

>>13927390
stupid Microsoft edge keeps adding extra lines to my post

>>13927375
>They can't outlast Trump
??
I mean nice 4 word sentence but it doesn't mean anything unless you post why you think that.
If they only have to buckle down and wait 2 years they certainly can.

>And even a Democrat replacement would be under pressure to continue trade talks in the same way.
On China MAYBE, on Mexico NO WAY
And China will probably view a Democratic president after Trump as more of a pushover, someone they can get a better deal from.
If we want a good deal with China, it has to be Trump. I still have hope, it's just significantly smaller now.

>>13927443
If I weren't on a phone I'd write more but this sucks so I won't. The pressure will always be to make a deal and Trump's demands of enforcing the damn border are relatively small requests. How fucken hard is that to do versus bleeding their economy? No way that lasts more than 2 years.

>>13927486
if the US can't patrol our own border you think Mexico is gonna up and do it over a 5% tariff?
they're just going to spring into action overnight?
it's a big border

even if trump gets everything he wants from Mexico right now (though they don't have the resources for it), what prevents Mexico from just NOT patrolling the border after the trump presidency is up?

This solves nothing long term. The best he can get is a short term political victory that will fool no one (except maybe some of the posters in this thread)

>>13927486
>Trump's demands of enforcing the damn border are relatively small requests
Small in what way? We can't seem to do it ourselves. Why is it easier for Mexico?

Mexico just elected a populist too, it's no guarantee they'll bend over.

>>13927547
That's like saying nothing a president does stays long term. Agreements tend to stay in place once institutes across presidents so as to keep the status quo going and not rock boats. Trump is doing it now because it needs done.

Mexico has no moral standing to let it's people illegally cross our border. He has warned them before. They didn't move. Now comes the follow-up to threats. And progressive tariffs. You are a fool if you think everyone turns on Trump over this. At least in any non-grandstanding sense.

>>13927555
Because it's their people so it's their problem. A neighbor's yard being garbage is his to clean up. Not mine for noticing and commenting.

If they don't want to clean it up then they get fucked on trade.

>>13927588
>That's like saying nothing a president does stays long term
most things that are done domestically are the result of laws being made and end up lasting long after the presidential term (pretty much forever)

Mexico can't even govern portions of their country, they won't be able to enforce the border.

I feel like you have no idea about the reality of the things you're trying to discuss.

If you want to believe this will solve illegal immigration go ahead. You're like the people who think welfare will solve poverty because they want it to. Wanting something won't make it happen. Real problems require REAL solutions.

>>13927588
actually because you got dubs I'll humor you.

the Mexican president doesn't have a 'prevent border crossing' switch next to his desk that he can just flip. I's not like they've been holding out all these years deciding to not flip the magic switch. There is no magic switch, we need to build a wall (at least).

>>13927555
5% is just a start... is it illegal in Mexico to smuggle people to the other side (coyotes)?

>>13927213
People 110% always trying to sabotage Trump, it’s just disgusting. Even with this economy everyone has given up on him. He could never change the future, because it was ordained by god. China is supposed to be the best economy for some reason and we are supposed to stand back and implement the Green New Deal, I think god wants us to save the planet from global warming we need to get a liberal president to do it.

>>13927699
this feels 99.9% like a sarcastic baggiepost, but it's a little bit too well worded and you don't have a trip on

>>13927619
its funny how many military resources we ship to the middle east but dont help out mexico when they are pretty much waging a 24/7 war against the cartels and not able to stop them. Why would they take their army to the border when the cartel is literally taking over villages and beheading people?

>>13926051
/smg/ IS THE THREAD TITLE, NOT YOUR NAME

t. someone who cant ctrl+f the thread in catalog because of OP

and people were bitching about my op's when i left in olf flavor text..
and i see the (embed)(embed)(embed) chain is growing

AAAAAAAHHHHH I JUST FOMO’D IN
I bought 1/40 BTC. What am I in for?
The fundamentals look solid, revenue is steady, valuation is historically... I mean, it’s been valued much higher in the past. Besides, it’s got the most recognizable brand in the sector, outside the stinky /biz/ echo chamber.

Crypto is a sort of hedge, right?

>all these repeating digits and checked repeating digits
It just warms my heart
<3

>>13927657
We need to build a wall and also make them enforce their end of the border. Which I never said would 'solve illegal immigration' but it will greatly cut down on it which is what is being asked.

They don't need a magic switch. They need a fire lit under their butthole so that they can serious about it and set it up. And they can do it. They're not completely inept.

Don't be a toolbag and panic. Which you are.

>>13927213
Lean hogs brotha, always a chance that swine flu is just CIA bioweapons. Perhaps pork is more essential than rare earth?

>>13927785
Kek. Based bible bro

>>13927390
Cds... hadn’t thought about those

What’re you getting into now, where’s the smart money go? Tax-free state munis? T-notes or t-bills?

>>13927730
Feels like a shitty Baity shitpost to me.
>manhwa

>>13927864
a lot more empty words from you.
because you don't want to discuss the matter quantitatively, I'll dangle some before you.
The US border patrol has 20,000 agents and a budget of just under $4 billion.

That amount has not been successful to stop illegal immigration. How much do you think Mexico will spend? What extra actions do you think they will take?

You still have no response to my (completely reasonable) claim that even if Mexico temporarily sets something up for show, once trump is out of office, Mexico won't continue with it.

If you don't have anything real to say just don't respond, it's fine.

>>13927914
>Lean hogs
I've been endorsing all agricultural commodities. With how much food we import from Mexico, this spat with them should continue to apply upward pressure across the board to food prices.

>>13927953
>upward pressure across the board to food prices.
How’s soyb doing?

Also, “stop” illegal immigration is a misnomer, you’re not going to get to 0, and you’ll get diminishing returns on you efforts once you reduce it past a certain level.

>>13927914
>What’re you getting into now, where’s the smart money go?
Decided to double down and put my bond money in TYD, a leverage intermediate term treasury etf. It's 3x and has a 1.1% dividend.

>>13927953
>upward pressure across the board to food prices.
Scary stuff going on with the planting season this year.

If you really want illegal immigration to stop you'd go after companies that blatently abuse the visa system to bring in workers and let them stay after their visa is up. Congress will NEVER do this though because those same companies line their pockets. Its all blustering and bullshit talk. So we are putting tarrifs on our third largest trading partner while currently in a trade war with our largest partner for no logical fucking reason

On top of this June 10th is 10 days away, literally no large company in the US is going to be ready for this, tons of American companies are about to get fucked in the ass and theyre gonna turn around and fuck the consumers (you and me) in the ass to recoup their losses. And for what? So Trump can get reelected in 2020? This shit is horrible leadership, theres no way around it.

>>13927736
It's cause the Middle east has all that Oil. If the middle east didn't have that oil then nobody would give a flying fuck if they killed each other. A close 2nd is the whole Religion thing with each one claiming "oh our god was here first" shit so they all fight over who controls it. When the whole concept of religion as it is now is nothing but a big scam

Could it finally be happening? The legendary Office Depot golden moon?

>mfw Trump is only making things worse

Text so far:

>To address the emergency at the Southern Border, I am invoking the authorities granted to me by the International Emergency Economic Powers Act. Accordingly, starting on June 10, 2019, the United States will impose a 5 percent Tariff on all goods imported from Mexico. If the illegal migration crisis is alleviated through effective actions taken by Mexico, to be determined in our sole discretion and judgment, the Tariffs will be removed. If the crisis persists, however, the Tariffs will be raised to 10 percent on July 1, 2019. Similarly, if Mexico still has not taken action to dramatically reduce or eliminate the number of illegal aliens crossing its territory into the United States, Tariffs will be increased to 15 percent on August 1, 2019, to 20 percent on September 1, 2019, and to 25 percent on October 1, 2019. Tariffs will permanently remain at the 25 percent level unless and until Mexico substantially stops the illegal inflow of aliens coming through its territory.

an excerpt from:
https://www.whitehouse.gov/briefings-statements/statement-president-regarding-emergency-measures-address-border-crisis

also note:
https://www.whitehouse.gov/briefings-statements/remarks-president-trump-modernizing-immigration-system-stronger-america/

Speech given today, in which legal and illegal immigration are addressed.

Note that the
>If the illegal migration crisis is alleviated through effective actions taken by Mexico, to be determined in our sole discretion and judgment, the Tariffs will be removed.
is the ONLY official thing we have so far about what actual actions will be taken. It will be very interesting to see what the Trump administration actually expects. I was hoping that it would be stated in more detail on the whitehouse.gov statement but I'm still reading and I don't see it.

Yeah,.. doesn’t argobusiness, one of the pillars of our economy sand weaponized export products depend on the cheap labor of illegal and so-called migrant workers?

If you all would have just voted for merkel, none of this would have happened

>>13928122
even if we did [magically] stop the flow of people across the border overnight, there are enough illegals here now to farm our crops. The flooding is a larger problem.

>>13928113
Mexico will literally never accept this. The US is basically saying "If you dont follow our demands and submit yourselves to us we will punish you." The wording of that makes it seem like the US is violating Mexican sovereignty. Mexico just elected a populist president, this is a fucking easy slam dunk win for that guy if he just tells Trump to fuck off. I'm probably overreacting but wow this seems fucking terrible.

>>13928113
Mexican president cucked out ambassador visiting Friday hopefully will stall a market sell off early morning so I can get the FUCK out of some calls
https://www.reuters.com/article/us-usa-trade-mexico-president/america-first-is-a-fallacy-mexicos-president-responds-to-trump-tariff-idUSKCN1T109N?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29

>>13928152
Trump might just try and get a political win out of it like this:

no matter WHAT Mexico does, Trump will say: "we've looked at what they're doing. They stopped the people coming in from their side. They paid for it. We're lifting sanctions."
Then he gets a little bump in the markets and the segment of his supporters who only read headlines can rejoice: "we didn't even need a wall! what a genius! We did it! we solved immigration!"

the problem is, it doesn't really solve the problem.


But 99.9999% that is how I see this playing out.
because the whitehouse is the one who can say when Mexico has done its part to 'stop the flow of illegals', he can even play the 'We did it!' card at ANY time in the campaign cycle.

just think of any of the nutty banned cards from early MtG or Yu-gi-Oh

>>13926910
This is good advice and great to listen in volatile markets.

https://www.cnbc.com/video/2019/05/01/time-to-trim-some-positions-after-a-teriffic-run-cramer.html
>May 1st
You did listen, didn’t you?

Anyone else feeling bullish about Barnes & Noble stock (either BKS or BNED)?

>>13928205
The problem is, there are a decent amount of Trump supporters who actually can understand complex subjects, who read more than just the headlines, and who actually want to see progress made on immigration.

This feels like he is pandering to the dogs who will lick his hand no matter what he says, but actually spurning the more independent-minded voters who usually are the ones to turn elections. Swing state people

So even though it seems on paper like a really OP political gambit, where he can Houdini out a political win for free (while distracting on the Mueller thing), this seems weak long term with the voters he needs to convince.

Yeah fuck this. I'm pulling out of my S&P swing first thing tomorrow. Bring on the cheapies. Give me a solid day of panic selling and then hammer out a truce over the weekend. That'd be swell. Or fuck everything and crash it so I can short with confidence.

>>13928227
Sell in May and go Away wins again

>>13928228
Just a bit. Looks oversold

Do Bollies work on the S&P?
Looks like room to fall, I think I’m going to increase my short position tomorrow...

but I think everyone else is going to do the same and I’ll get fucked?

>>13928063
It’s the one thing stopped me from buying the dip in MCD and tsn

Apparently consumer spending is really weak, looks like that from retail. When do we get the next consumer confidence thingy? How delayed is that usually in reflecting consumer spending?

>>13928277
Checked and yes!
Based Cramer calls the momentary top.

I’m still so fucking pissed that I accidentally sold yesterday instead of the day before, because MF orders close at 3 instead of the rest of the market that closes at 4.

>>13928232

As a nominal supporter of Trump, he's pissed me off with this one. It makes no sense. What does he expect Mexican government to do? Border security is the responsibility of the US. It's not the Mexican gov's problem to deal with. And why choose tariffs as the sanction to threaten with? And why right now when things are still very uncertain with China?

>>13928413
Oops wrong pic! More fails from me!

>>13928413
>Apparently consumer spending is really weak, looks like that from retail
Sauce? or are you just referring to recent stock performance?

As for consumer confidence, I'm not sure. I believe it can only be used as a lagging indicator, however. Confidence surveys are usually reflective of the big picture information available, which is what we're using anyway, rather than what's actually happening on the ground.

>>13928419
If my most recent conclusion is correct about the whole thing being political, then it doesn't matter what Mexico does.
They get some of their police together with a 'captured illegal immigrant' for a photo op, Trump posts it on twitter and declares the border secured. Tariffs over in a week.

If it isn't just a short-term political stunt, then who knows what he's thinking or where this goes. But probably nowhere useful. Basically I've been saying all thread in much longer form what you said in your post. My conclusion is that it HAS to be political and not really trying to get much done(see my most recent posts)

>>13927796
He bought?

>>13928474
Less about stock performance, more about what the earnings reports and guidance are showing.

Only target and dollar stores are doing well.

Maybe Costco too, I haven’t seen anything about theirs yet.

>>13928527
Interesting. In that case, if demand is flagging on the consumer side and labor is getting more expensive on the supply side, I think we'll see quite a profit squeeze. Higher food costs will especially drive wage inflation too.

>>13928512
AAAAAAAAAAAAAAAHHHHHH

>>13928150
Does SYY count as Food Chad?

>>13928552
In tardspeak, please.

>>13928050
Aren’t levereged find bad for long term because theta or something to that effect?

I’ll have to look into this. Seems safer than going full TVIX/SQQQ/SDOW. But god damn I wish RH had cleared my deposit faster so I could’ve bought more of the dip in tvix.

Any chance I can get more tomorrow or will it pop at the open and never come back down? Please predict the future.

>>13928633
>In tardspeak, please.
Cost go up, demand go down, profits go down.

>Aren’t levereged find bad for long term because theta or something to that effect?
It's had a good return this year so far, probably the highest you can get while taking an overall bearish position. And unlike inverse etfs they don't decay nearly as much and in fact have been geting double digit returns while inverse etfs continue to go down.

>Any chance I can get more tomorrow or will it pop at the open and never come back down
If you really want that price you can set a standing limit order and wait awhile, could be tommorrow, could be a week, but you'd probably get it.

>>13926051
Just buy spy puts, you fucking faggots

how long did it take you guys to notice the market will always go up over time?

>>13928777
Hahaha baaased

>>13928777
The minute I looked at an all time graph.
Even better realizing how much you can make buying the bottom of the dip

>>13928495
>They get some of their police together with a 'captured illegal immigrant' for a photo op, Trump posts it on twitter and declares the border secured. Tariffs over in a week.
you know as well as I do that his friends on fox and in the media will immediately cry bullshit, pointing out what a farce it is, and then Trump will be stung by the criticism and just go back to tariffs
This also assumes that amlo decides to go along with it and doesn't say fuck you, the guys a bit prickly so I'm not sure it could go either way

My opinion would be that this is essentially Trump angry, frustrated he's been cucked on his other methods to "solve" the immigration problem and stung by the headlines showing it hasn't been stopped, reached for tariffs, one of the few things at his disposal that can't really be overturned without the Senate revolting. Plus it plays to his protectionist instincts

How are you guys coping?

THATS FUCKKNG IT

IM DOING IT

IM MAKING A TWITTER AND PUTTING THIS FAGGOT ASS PRESIDENT ON BLAST SO HE CAN LET ME KNOW EVERY TIME HIS STUPID ASS HAS A THOUGHT WHILE HES ON THE SHITTER.

>>13928413
>Do Bollies work on the S&P?
only a 100% success rate from all of history including crashes.
DOW stocks have 95-99%. megacaps 90%, Midcap and below usually above 80% chance. Thats why its very rare to hit the bottom at all, normally once every few years

>>13929002
So you could’ve just range traded all the way down during the Great Depression?

(Presumably not the flash crash. What a buying opportunity...)

>>13929072
tradeview wont let me use the 1930 chart anymore but heres most stressed examples of the strat

Every bottom band break (when economy is at its worst), on the following month, returns at least to the initial break or covers 40% of the entire candlestick.
So if you DCA underneath the band, youre very likely to make money or at least breakeven within 1-2 months

>mfw held on to SPY puts I was losing money on

my upstairs neighbour's three year old son sprained his ankle last week. Poor kid. The problem is now he is wearing this brace boot thing on that foot. Every evening as he's running around as toddlers do all I hear is thump-CLOMP-thump-CLOMP-thump-CLOMP.

It's driving me crazy but it's also adorable. I don't know about this feel.

>>13929531
>having upstairs neighbors
cityfag detected

>>13929539
I am moving to the boonies as soon as possible, believe me. I hate the city.

That plummeting 10-Year yield, whew

TRUMP PLEASE STOP

>>13928152
>Mexico will literally never accept this.
It's not like they have the power to not pay tariffs.

all supports have been broken.
this is what you've been waiting for.

>>13929636
>all supports have been broken.
What asset?

Any traders here interested in starting a discord or IRC to get away from the weab and /pol/ shit on here?

These threads aren't what they used to be.

So

Obviously if the market fuggin tanks its shit all over the floor, a 100% AMD position probably won't do me in very well lmao. Doing some rough calculations though, I can switch over to a 3x levered spy+bond folio (UPRO/TMF) and then write revolving credit spreads at a 30 delta 1 month out on both (TLT in the case of TMF for liquidity) every week. I should be able to also write calls on the underlying in addition since I'd obviously own shares.

I know there's been studies with the 3x spy/bond folio before and it's performed agnostic relative to sharp market downturns better than a plain spy buy n hold. Dunno what it'll look like with the credit spreads + writes, but I imagine it should magnify the returns quite a bit. Need a good excuse to diversify properly if the market is about to tip over everybody's shit.

Thoughts?

>>13929359
This why you’re my favorite thread regular.

Only problem it seems like this relies heavily on having lots of cash on the side to DCA with. I’ll make sure to keep that in mind.

Also, TAP may not be such a bad idea. (At least it’s doesn’t rely on Mexican beer?)
>>13929694
The only reason I got into irc is for manga

There’s already a place on the internet for people who don’t like anime.

In fact, almost all of the internet is anime free. And you’re free to leave.

>>13929797
>There’s already a place on the internet for people who don’t like anime.

There are also boards specially for it on this website! It doesn't need to be spammed constantly on the other boards.

>And you’re free to leave.

I do. I open these maybe once a week. I also notice that they've slowed down a lot to and I'm sure some of it has to do with the quality (hence my post). There were times where we'd have 3-4 /rgt/ threads hit the bump limit before the trading session even ended. A lot of the good traders on here left as well.

> new Rambo is Rambo Home Alone
That's going to be fun

>>13929531
>Asahi
This, is real beer. Not that chuhi shit. You can even tell it's real because it'll say Namabeeru on the can. Unfortunately, it's hard to find and fucking expensive. It's like, $6 for a fucking liter. Fucking hell.

>>13930004
I think I've had Asahi once or twice in the past at some point. No recollection on taste, which means it was on the spectrum of good enough pretty good in my opinion. Normally I buy whatever semi-local micro brew happens to be on sale. Cheaper and fresher usually than import stuff.

>>13929694
id be down for an IRC channel, fuck discord though

>>13929797
>There’s already a place on the internet for people who don’t like anime

Gross.

DDDDDDDRrrrrruuuuuummmmmppppppppffffffff

https://twitter.com/HuXijin_GT/status/1134354675640094720

> Based on what I know, China will take major retaliative measures against the US

OH HELL YEAH

>>13929694
Yeah it would be nice if we didn't have to deal with these fucking weeaboos every thread.

AMD is going to go up soon right?

>>13930323
Based Singaporean Twitter commenter.

tvix was on sale this past trading day, I managed to nab some at 23.32 a share, surged to 25.50 after hours.

I didn't not enough to undo the massive JUSTing my portfolio is about to receive.

Oh shit this is going to WRECK everything with international exposure, and the fading consumer spending is going to fuck auto sector even harder.

I'm starting to think I should just take my losses and crash out of MMM, this won't be good for it.

Any ideas where to set a limit buy for tvix? Don't think Bollingers work well for a triple leveraged inverse etf that is constantly split/rebalanced

>>13930409
Damn it. Forgot pic.>>13930323

fuuuuuuuuuugggg

this is going to get messy tomorrow

>be volatility
>be back on the menu
Thank you chef trump!

>>13930379
No chance

> China says US 'lies' about effect of tariffs on its economy: AFP
lmoa

MONDAY STEPS INTO EFFECT CHINAS NEW TARIFFS

10 TO 2 YIELD CURVE INVERSION INC

ALL MEXICO GOODS NOW TARIFFED

HARD BREXIT INC

BOOMERS GETTING MEGA PENSIONS AND NOBODY MAKING BABIES EXCEPT NIGGERS

West is dying, exit all markets

>>13930379
Their market in chinkland will be closed soon
Every semi makers follow the USA in the trade war

>It's a slow bleed
Crash already ffs

SPY 260 EOD EOW EOM

LOL Trump
Absolutely impossible to trade options correctly with this retard tweeting. Probabilities and options pricing are out of whack

>>13931843
if options are mispriced that would mean its the best time to be trading options

who here 90% cash 10% crypto gang

Ministry of Commerce spokesman Gao Feng announced during a press briefing that China would set up an "unreliable entities" list - China's own blacklist for foreign enterprises, organizations and individuals, Bloomberg reports.

Organizations and individuals who don’t obey market rules, violate contracts and block, cut off supply for non-commercial reasons or severely damage the legitimate interests of Chinese companies will be added to the list, Gao said, adding that more details would be available "soon." US investors can now add plans to target companies that cut ties with Huawei, as well as potentially other major US tech firms, to the list of potential trade-war retaliation, alongside Beijing's threats to curb the export of rare-earth metals.

>>13932251
AAPL to 50

>drain the swamp!

>no more business as usual!

>>13932349
>no more business

>>13932556
>no more

Critical information for the U.S. trading day
Run for the hills.
That seems to be summing up the investor mood Friday after President Donald Trump shocked markets with a tweet promising tariffs on all Mexican imports until the illegal migrant situation is sorted. The likelihood of one more trade battlefield opening up means pretty much any asset associated with risk, notably equities, is taking a hit.
And while thoughts of scant avocado or tequila supplies may be on your mind, don't forget that Mexico tariffs can impact big car makers, which have moved some production there -- shares of Ford (F) and GM (GM) are under pressure. Meanwhile, some are worried Europe may be next in line for tariffs, and those markets are also down sharply. tweak on this graph
Elsewhere are reports Beijing may be readying its own retaliatory measures against a U.S. crackdown on tech giant Huawei Technologies. And China manufacturing data had a poor showing for May, thanks to U.S. trade tensions.
To be sure, May is drawing to a close with a clang for investors. The S&P 500 is facing a more than 5% loss for the month, which brings us to our chart of the day, from Joel Kruger , currency strategist at LMAX Exchange. His chart spells out the possibility that stocks will revisit levels not seen since the December meltdown.
Kruger is specifically is looking at the 2,340 reached in December 24 which was the lowest level seen for the S&P 500 in the last two years -- and revisiting that level would mean a 16% drop from Thursday's close.

OH NO NO NO NO NO NO NO

>>13932349
drain the swamp has become moar like drain the spy

>>13927699
China is #2 in terms of nominal GDP, half the USA.
>>13927390
To clarify, what does the left side of your chart mean? percentage growth, or multiples of principle?
>>13927547
>>13927588
>>13927555
>>13927619
I don't think any of you understand. Mexico can't enforce this. This isn't a willing thing, their government is both too weak to enforce law AND is filled with cartels so that they'd never functionally legislate against the cartels. There's a reason why the marines are on land clearing places of cartels, and that's because the Mexican marines are the only one trustworthy to do that stuff. The rest of the government/armed forces aren't seen as reliable.
>>13927785
I said I was sorry when I realized I had goofed. Nice picture. Are you a Christian + what denomination are you?
>>13928065
based
>>13928104
Yeah he's just doing that. It's pretty cringe.
>>13928113
Oh no, they're scaling tariffs. I had hoped we'd get 5% until October.
>>13928212
Thanks, I was going to be a financial adviser for a while, but I changed my mind. I still do my best to be helpful and talk people out of YOLOs (a surprising amount of people try really stupid things IRL).

>>13932643
CON GRA TU FUCK IN LATIONS

YOU REPLIED TO EVERYONE

WHATS THE NEXT STEP IN YOUR MASTERPLAN

>>13932111
Checked.

SQQQ / Cash / Ceypto gang checking in.

But DESU crypto will probably crash with the rest of the speculative assets, at least at first. It moons when the bail-ins and negative interest rates on personal savings start for Euro-poors.

>>13932662
CRASHING THIS THREAD...
WITH NO SURVIVORS

cheapies coming?

>>13932706
cheapies? that's an understatement

>>13932706

>>13932706
get ready for today

I'm market selling everything at a loss

Why two threads? Delete this pokeyman one, this isn't /a/

>>13932766
>pokeyman
>harry potter

>>13932611
>scant ... tequila supplies
Good thing I hedged by loading up on tequila ahead of time.
going through a market crash without my Cazadores would be impossible.

IMO Tesla is a buy at open and sell after a quick run-up to 190

>>13933018
It might open pretty low
autos (even TSLA) going down on open
why do you think 190 is in play?

>>13933018
I find longing Tesla fraud unethical, I only short it daily

>>13933030
I think there'll be a violent reaction at open.

>>13933018
just dont hang on too long. 192ish has been hard resistance.

Guess I'm gonna keep trading crypto for a while now that its time for Trump and Paco's CrunchTime.

>down 1.33% before the market even opens

>>13933176
That is not much desu

>>13932643
it's percent growth with inflation adjusted. The actual number is absurdly high since it started in the 20s, just pay attention to the difference between the lines.

>>13933887
Yeah I noticed the difference, just wanted clarification. Thanks.

>>13933887
actually, strike that, its more like an index that begins with 100 at the start

MY TVIX LIMIT BUY REFUSES TO TRIGGERRRR

Is this the Monacoin thread? It's almost doubled overnight but nobody is talking about it.

>>13934141
Oops there it goes!
25.80, I overpaid. Should’ve been more Buffet. Oops I meant patient.

NRZ cheapies!
UNH cheapies!
CGC cheapies!!!

JPMorgan: Fed expected to cut interest rates in Sep and Dec this year.

>>13934555
What kind oh keynesian hootenanny is that?

>>13934232
AAAAAAHHHHHHH I PAID SO MUCH MORE THAN I SHOULD HAVEEEE

WHY AM I SUCH BAD AD THISSSS!!!

>>13934668
>>13934141
Ask yourself this

>Why did you make the decision to buy TVIX
>What did you expect to happen after you bought TVIX
>How long were you planning on holding it and what was your price target

>>13934668
You‘re supposed to long volatility as a hedge because you own a shitton of spy lmao. Gud job tho!

>>13934757
Yeah it’s a hedge against vtsax, so I can sell it to buy more vtsax after it tanks.

I guess there’s a bit of difference between SPY and VTSAX/VTI. The more proper comparison is VOO?

It still should be roughly the same, yeah?

Also... I suspect we won’t get a quick capitulation from Mexico, and we won’t get a rate cut from Powell immediately.

I should’ve waited for he Nevarro/Kudlow/whoever soothing the market.

wow, slow friday

we still on last nights thread?

>>13935036
All the bullfags are not posting too busy considering suicide

tfw bought Okta a week ago

>>13934944
Oh, that‘s fine then. Vtsax and spy should be relatively well correlated short term. Good luck anon

>peso getting wrecked
>good for Mexican exports
I’m thinking the volatility play isn’t such a bad idea?

Anyone got an inside man to say how Mexico is taking this? It’s a big country, don’t you guys know some Mexicans?

>didn’t crash out of MMM and into NRZ cheapies
Damn it...
Apple looks to be recovering to, what the heck?

>>13935177 (dubs! Yay!)
Thanks fren
I just know Lisa has a plan for you. You’re gonna make it.

>TQQQ almost under $50 again
hope yall are ready to buy again

>>13935183
VIIX or TVIX is usually a good weekend holding (or a good thursday hold) when the week is full of empty trade deal "talks" (or new (and often hypothetical) punitive reactions)
if you are nervous
just dont dump over 10% of your portfolio into it unless your uncle works at SEC and just gave you an insider tip

Wow it is slow in here today. Anons and Trips btfo‘d by the Tariffman?

>>13935649
apparently
we all know if people were on vacation they would have had deader thread last friday

i think RKG is gone on"vacation" still, but one namefag does not a thread make

Im amazed pendy (ant/or comfy anonamously), or big lci guy arnt posting

not to mention classier posters like texanon, sundown, or lunchbro (rip) who post under glorious anonymous posters (avatarfag>>namfags>tripfags)

havnt even seen a dividends poster this morning... or a baggies friday-morning shitposting! (granted baggie makes better posts at 4-5am on a saturday)

>>13935747
I am posting, just not as often because I'm busy

Been watching XOM and oil stocks for a while, Crude oil has been crashing for months taking down oil stocks, a good general market crash would make for a very good opening buy for oil stocks, XOM was around 59 during the bottom of the great recession, it's at 71 today. Anyone follow Oil?

>>13935747
theyre all in the other /smg/ thread lol

>>13935906
na

>>13935906
>dual thread day
shitposting primetime? i didnt even realize
>actually slept last night instead of shitposting until 4am
hope i didnt miss any pump and dumps today

>>13928122
all the homeless people shitting in the streets in LA are only homeless because all of the illegals are taking the field jobs.... its not that they are lazy and spend all day shooting up on the sidewalk

>>13935906
wait how come I couldn't find this thread thsi morning? I thought we got 404'd when link shit the bed.

>>13936314
OP put it as his name instead of as thread title


I did the same thing

>>13935957
>dual thread
I didn't even know this thread was here. This is what happens when "smg" is left out of the subject line. I have any thread with the word "smg" highlighted and pinned to the top.

>>13936543
maybe make 3rd thread just in case

>>13936993
dual is fun because anonymous with a couple proxies means i get to use 3x2 different ID's for trading hours shitposting

3 or more just gets hard to keep track of (since /smg/ doesnt have nearly enough traffic to hold 3+ at the same time

>>13937120
well, at least you admit 3x2 posting xD give some credit for honestly

https://www.zerohedge.com/news/2019-05-31/make-abysmal-growth-attainable-jpm-now-expects-two-rate-cuts-2019

jpm had a nice little tower in haaangkaang that is dominated by investment banks who compete who has the tallest building ;) it's like keeping up with the joneses big world version

>>13937312
>>well, at least you admit 3x2 posting xD give some credit for honestly
not always (not even usually), buts its nice to have the option available

especially when your signature is no longer unique

""""new'""" it's old and busted!!!

>>13937757
lool

First for
AAAAAAAAAAAAAHHHHHHHHHH

>Altria (MO)

Bloody Fucking Hell! How low can it go? I thought I already grabbed the cheapies, jesus damn.

>>13937709
>reading
I like how the bloomberg app reads the articles to me in a robot voice, and how The Economist has a lot of its articles read to me by British knobs in their podcast.
...I spend a lot of time in traffic.

What news do you "read"?

Mother fucker! All my day's gains gone in a single fucking 15 minute candle.

First for RATE CUTS OR BLOOD

I wish to wager 2:1 odds that the next /smg/ has mistakes in the OP.

>mfw after the crash I can buy PINS at institutional price

Who’s ready for the impending 2020 recession? :^)

>>13937785
>MO

It's defending the previous low of $48.70 okay so far. If that breaks my stop loss will trip shortly thereafter.

>>13937894
Im ready for the Nazbol revolution which will follow it.

>>13937937
>stopping out of Altria
Really? It's not like it's going to 0, this is one I'd think you'd DCA down in as the yield increases.

THAT'S FUCKING IT?!?!!!??!
THAT'S AS LOW AS TVIX IS GOING TO GET!?
God damn it I wanted to DCA down, maybe get some more SDOW too. I'm not going to make much profits like this.

SPY testing 270 by mid next week

>>13938002
If it starts setting fresh new lows my thesis for entry will be proven invalid, at which point I want to be in cash to watch how the chart progresses from the low.

I want to buy puts on Beyond meats but the implied volatility on the stock is so high I can't afford it.

First for buying the DOW and Oil at the same time through XOM and reaping Dogs of the Dow benefits

Rev up them ford and GM puts boyos

>>13938071
Garbage. Buy Shell.

>>13937894
Time line has been moved up, brother bear. You mean 2019 recession.

>>13938145
Shit movie

Based

>>13938228
I HAVE A GREAT CALL FOR YOU TODAY
5 THOUSAND (YOU)S AND I'LL TELL YOU

TIME

>>13938228
Shit movie, shit market.

>>13938347
lol

>>13938385
b*lls btfo

>>13938453
careful...

>SGMO

Guess I'll just keep buying then

damn though

>>13938465
Did he ded

Come on power hour! I am very close to tipping in to the green for the day.

Post what you plan on reading this weekend /smg/

these T divis are going to pay off bigly down the road, thanks bald man...love love love Amazon, love the market!

>>13938599
Reading is for low IQ individuals who don't already know everything.

>>13938599
lewd doujins

>>13938599

This one is classic.

>>13926141
K shill

>>13938612
Cope.

>>13927010
This. The USSR cooked the books like crystal meth and the USA is doing the same

Anybody else grab a couple hundred percents today on their option fuckers?

>>13938599

Get in here fgts
>>13938708

Just bought MORE SQQQ.

Shit's fucked.

>soon

Fucking early threadjumping candydicks

>>13938921
There were three threads going we didn't have a choice ok FUCK

Why is LCI still going down?

>Shrewd investors only in this ITT

>>13930915
>West is dying, exit all markets
Jokes on you, I'm dirt poor and were never in any markets.

>>13938465
Shit is retarded af

>>13938955
There still are

>>13938465
Fucking retarded diegos