/biz/ - Business & Finance

It okay rgk, I hold you when everything comes crumbling down

first for buy guns

post
>your job
>how much you lost today

First for your gonna be buying my buttcorn bags boomers

I hope it goes below 2000 tbqh

>dun now dont worry guys, Trump jus playin 4D chess wit the chinks

2k EOY

>>15123572
first for don't forget the bullets

that china agriculture buying news is going to bring on a new JUSTing

>>15123576
NEET
Can't lose anything if I don't sell, I'm just getting better yields
:3

This is just price action noise and nothing more, not really anything to panic about.

>>15123582

>>15123576
>Supply chain analyst
>I made $110

KLAC looks shortable

>>15123576
>casual longshoreman
>$74(1.8%) today
>$224(5.2%) past week

IT'S NEVER GONNA BE LIKE IT WAS
NEVER BEFORE, AND NEVER SINCE, HAVE WE SEEN ANIME LIKE WE DID IN THE 1980'S

Dividend-bros, check out VET.

>>15123638
https://youtu.be/pTMe1vhUxh0

>>15123576
Student/Bartender/Pretzel Salesman

I mean, I guess it could be worse.

>>15123579
>>15123587
So back to June 2016 levels?

>>15123622
stevedore?

>>15123572
It's over nothing just like Nov. 2018.
Little blip and we'll be green again by Sept, then glory days for another half year.
Then the anal raping happens.

>>15123640
You have my attention

>>15123576
Corporate tax fag

Lost about $50 today, but last Thursday lost about $750 so still licking my wounds and not doing much for the time being. Might just buy into my Roth a bit.

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

>>15123552
Brexit, Trade War, China Devaluation. Anything else?
>>15123576
Cashier.
Probably a few hundred, haven't check my boomer funds.

>>15123661
yes. pays well, but as a casual im subject to the amount of work coming through the port, which Trump's tariffs have been fucking me hard on. if i can deal with that bullshit for like 5 years, ill have a great pension, great healthcare, and guaranteed steady work

>>15123648
>>15123670

>>15123576
>programmer
>$3k

it's a temporary setback

Business media is shilling bitcoins. I think this means the bottom is in and they're trying to distract people from scooping up these cheapies.

>>15123640
We need our own daily thread

>>15123710
An arrow can only be shot by pulling it backward. So when life is dragging you back with difficulties, it means that it's going to launch you into something great.

la la la
la la la la la
la la la la la la la la

>>15123576
Analyst, down 3.36% today. Not so bad, but down around 6% overall since I started trading. Thought I was going to go green again this week but no dice.

I put 10k in the market total so you can do the math on that.

>>15123717
>>15123640
Finna buy some more NRZ and MO.
Whatcha think about dat at these levels?

Get fucked boomers Bitcoin 100k eoy ETH maybe 25k

What's power hour going to bring today?
More dumps?
Or by the dip?

I'm thinking more dumps and a gap up on open tomorrow that bleeds off to new lows all day.

>>15123707
lol

Short
P
Y

Long
C
I

>>15123724
>bollinger bands literally

GANG GANG NIGGA
BEAR GANG GANG

https://xw.qq.com/cmsid/FIN2019080500948300
Another news from Chinese state media yesterday: Chinese companies have already purchased American agricultural products like onions beans, however some deals haven't been reached yet because price of them were not competitive
>From July 19 China have continued asking about price of American agricultural products, and by August 2 night China have already purchased 130k ton onions bean, 120kt sorghum, 75kt hay, 60kt wheat, 40kt pork and pork products, 25kt cotton, 5.7kt dairy products, 4.5kt processed fruit, 0.4kt fresh fruit.
However, China still haven't buy any ethanol, corn, basedbean oil, red wine, beer from America, because their price for now are not competitive. For example, for ethanol, currently Chinese government tariff against them is 70% as part of the response against earlier 232 and 301 review against China. According to American exporter reported price, even after waived the 25% tariff caused by 301 review, after adding other tariffs onto the American reported price, the price are still 30%+ more expensive than the current market price in China and as such it is not commercially possible to buy them.
China said that those American product cannot enter Chinese market was still because of trade war, which inflated the price of them in the Chinese market, and hope America do more things that can benefit each other mutually

MARGIN CALLS INBOUND, WE BOUT TO GET MORE CHEAPERS?!

>>15123747
>things corecucks say

YOU VOTED FOR A CHAOS CANDIDATE

>>15123783
Honestly MSFT 137 calls are a steal right now.

https://www.youtube.com/watch?v=fGx6K90TmCI

Xi gon give it to ya

>>15123576
Network Administrator
I'm... I'm up $5.75 today.
I don't really understand how either.

>>15123783
open the door get on the floor, everybody walk the margin call

Bears rise up

https://www.youtube.com/watch?v=awLOwNTtvW8

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

when price of the shares are only really relevant when looking to buy, days like this are a welcoming sight.

if you're getting REKT right now and aren't invested long term, you did this to yourself. the signs of a coming correction have been around. you don't go through the longest bullrun in history without a few healthy corrections. also an upcoming bear market is just around the corner. not sure we'll hit recession levels but a healthy dropback with S&P500 p/e hopefully reaching or dropping past 15 would be great for new investment opportunities.

And if anyone is wondering, i've "lost" about $14K over the past few days in unrealized losses. I'm still up $60K+ on the year tho.

BUY THE DIPS on the way down and on the way up.

R-ror...

>>15123576
Chairman of the Federal Reserve

I did not lose any money today ;^)
remember to keep buying kids, we need more money for the boomer pensions
stop spending all your money on videogames and assault rifles OK?

>>15123552
Putting 100k down on UK3SL first thing tomorrow morning. Wish me luck.

>>15123817
Definitely don't ask about the debt

>>15123798
kekkers
>>15123790
Don't blame me, I voted the Ron Paul/Jeb! Bush ticket.

>>15123791
I don't actually know how options work so I'm scared to try. I get the concept, but not how to figure out breakevens or wtheck to do with greeks.

>>15123828
gl

>>15123798

>Americans thought they could beat China and God Emperor Xi

Yikes!

>>15123817
"With a car, deflation can go anywhere"

me yesterday

>>15123754
Circuit breakers and an early halt to trading

>>15123576
>Accounting clerk
>20,68€

I'll lose plenty more tomorrow, my (euro) exchange closed a couple hours ago.

>>15123576
>your job
Attorney
>how much you lost today
Not sure as my mutual funds won't register the loss until after markets close. I'm guessing about $10K today alone in unrealized losses.

>>15123576
Research technician.
270bucks on my hedges equities, thankfully I pulled out 90% of my equities a week ago before the bloodbath.

>>15123832
are you this guy?

>>15123690
https://www.youtube.com/watch?v=VNQRFAlFcZk

>>15123846
TARGET
2%
INFLATION
SYMMETRICAL

>>15123847
that made me smile

I wanna buy the dip but it KEEPS FALLING

This market is only 5% off the top, there's no reason to panic. Trump is captaining this ship and we're going back to new ATH pretty soon.

HERE WE GO AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAGAIN

>>15123814
post port pls

SP will close down over 100.

cap this

>>15123870
The only person that can save us is Powell and he is quickly going to run out of ammunition.

>>15123858
What? No, I just said I don't do options.

Literally never traded an option.

>>15123883
Powell got us into this with his rate hiking to begin with.

>>15123876
It's a bot, ignore it

>>15123881
Hopefully it goes below 2800. Until then I feel nothing.

Just got this e-mail is it an omen?

Hi <anon>,

Due to Market Volatility, we want you to know these levels. They are updated on this CME page daily.

CME Group U.S. equity index price limits (and corresponding CME and CBOT rules) are designed to coordinate with circuit breakers provisions as applied by the New York Stock Exchange (NYSE).

7%, 13%, and 20% price limits are applied to the futures fixing price and are effective from 8:30 a.m. CT – 3:00 p.m. CT. Mondays through Fridays.
5% up-and-down limits are effective 5:00 p.m. - 8:30 a.m. CT. Sundays through Fridays; and 3:00 p.m. - 4:00 p.m. CT, Mondays through Fridays. Between 3:00 p.m. - 4:00 p.m. the 5% price limit will not be allowed to breech the 20% daily limit.
The fixing price is the volume weighted average price, VWAP, calculated during the 30 seconds of trading from 2:59:30 p.m. – 3:00:00 p.m. CT.

>>15123904
If he did not rate hike what we see today would be even worse. The expectation of a rate hike was what carried the market this far. Powell was dangling a carrot. And he’s going to need a even bigger carrot after trump has escalated the trade war.

>>15123604
Get off 4chan louis

>>15123904
No, Yellen got us into this with her rate cuckness.

>>15123923
>>15123876

>>15123883
we have more ammunition than you can even imagine
we're just trying to get all the bears on one side of the trade and all the weak hands out of the market and in cash before we start pumping
then everyone will have to FOMO in and chase the market up
SPY 400 when we pump it
can't let the boomer pensions die
we just need to round up all the shorts and get them fully exposed for one last massive squeeze

>>15123934
Screencap

>>15123958
i mean post hodlings

>>15123958
Is it too late to buy puts?

>>15123934
that email just triggers because we are down 3% in one day
nothing to worry about

Forget about LCI. Accumulate MERC. Now with a trade war discount. MERC is gonna get bought out with a nice premium AND/OR you're gonna harvest stable divvies.

>>15123974
The black is my divvy port holdings which is about 1/3 of my total investments. 2/3 is my mutual funds and Roth IRA

my mutual funds are four separate funds with Growth, Income, Yuropoor and Investments (middlish between growth and income).

Roth is a mix between Emerging Markets and a Total US market fund.

>>15123983
far from it, we've got another 45% or more to fall before this is over.

SCREAM IF YOU WANNA GO FASTER

Fidelity just called and asked if I wanted to liquidate all my positions. I don't have anything managed. I do all my own trades. Is this normal?

>>15123969
describe this image

FUCk fuck fuck fuck what did I do?!
I have pretty much no idea how this company makes it money.

I should've bought something else instead... CSCO or more MO or MRVL...

>>15124022
AAAAAAHHHHHHH
(I want to fuck meat)

>>15123957
Yellen would NEVER have allowed this to happen.

didn't' anyone BTFD this time?
Doesn't that always work? =p

>>15123969
You are genuinely optimistic if you think that is how it will play out. Given the yield curves and its reaction to the rate cuts, it won’t be long until it inverts and we start a recession. Ball is in Powell’s court. If he doesn’t cut rates markets gone and we are in full recession. If he makes a 50bip cut, we stop bleeding oit until the trade war is escalated again. We’re going down at this point and we’re just going to have to choose when, 2019 or 2020.

>>15124013
why wouldnt you set up DRIP with high div for your roth?

>>15123847

black bears are so cute

>>15124030
god I want to fuck her

>>15124032
I forgot to post a pic... but it's NRZ

NRZbros where we at?

Kraft Heinz is reporting Thursday they will stop the bleeding and save the markets.

>>15124041
my Roth does have a DRIP, but i'm more focused on growth for my roth. I plan on retiring early but I won't be able to withdraw from my ROTH until I'm 59.5. Therefore, I don't really care about generating income from that yet. I'll rebalance when I'm older to make it a high divvy gainer.

>>15123576
>job
Confirmed neet
>how much you lost
In stocks I lost 10 bucks or so. In crypto I gained about 8k. And counting.
D I V E R S I F Y

>>15124063
Friday headline:
>Kraft Heinz Earning Report adds to market fears of lower earnings

>>15123993

>>15124007
why?

>>15124030
that's a picture of my work friend Steve, his hot but somewhat crazy and retarded wife, and some of my currency
;^)
it's probably the highest demand product in the world. I call it, JeromeBucks

>>15124038
blah blah blah yield curve
Jerome has already been clear that they will use QE first and decisively. They won't play around too much with the funds rate, besides to stabilize and match the inflation target
ammunition pretty much infinite once the Fed starts buying

>>15124049
gotta get in that quick, she only has a couple years left

>>15124079
who do you have a roth with? i was thinking i should go with vanguard, but i dont really know

>>15123576
musical instrument repair (my comfy business)
+$130

>>15124032
actually doesn't look like THAT bad of an investment. but REITs are tricky. can't find the FFO but if the FFO is good, you're sitting pretty.

>>15124103
Kek.

>>15124027
AAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAA

a preemptive margin call just flew over my house

>>15124095
KHC road to $90

It isn't even LCI's fault this time.

>>15124027
Don't do it! They just want to steal your shares.

>>15124032
What's "this"?

>>15124112
i'd go with vanguard or any broker you have. I have used American Funds (part of Capital Group) for over a decade and I like it. Fees are about average of what you'd get from someone like vanguard.

>>15123576
Electronics Engineer made 1.5 k on STM puts would have made more but i pussyied out. Now those puts would have made me 3k and more if i held longer. I had 16,5 and 16 bought for 40 cents. Fml but i still made money.

>>15123576

>>15124013
I appreciate you dividend fren. Your consistency and optimism are a welcome change of pace from the normal posts in SMG, and it is heart warming to see you post.

>>15124027
Loooool! What's your exposure? Sounds like someone is expecting the proverbial margin call.

>>15124112
vanguard is 100% based. my roth is with fidelity. they're nice I guess, $5 fee per trade though unless you buy specific fidelity(tm) etfs

>>15124138
NRZ, I responded with the ticker:
>>15124054

>Hong Kong
1. Protests and conflicts: They're literally everywhere yesterday
2. Hong Kong government and Chinese government: Other than what have been said in previous threads, it should be noted that the responses are primarily focused on "protecting China's national honor and integrity", and they're focused on condemning protestors action against PRC flag in those protests.

>>15124027
>every boomer across the planet is about to get this call
prepare for the 200% dump into the center of the earth

>>15123745
>Finna buy some more NRZ and MO.
>Whatcha think about dat at these levels?

NRZ is tanking because they know I'm paying my mortgage off early. I even had one of their reps calling, saying they'd saw me check the payoff amount on the website, begging me to do a cash-out refinance. I just laughed in his face.

>>15124145
thans fren

>>15124185

>>15124107
>>everything is okay guys keep buying. The feds can fix everything all the time with the tools at their disposal.

Said nobody ever. If the feds had the ability to prevent or even substantially mitigate recessions we wouldn’t have such severe swings in the market and economy.

>>15123552

Friendly reminder that Donald Trump spoon fed you all the options plays this week and several of you didn't listen.

YOU DIDN'T LISTEN.

I just can't believe there's so much selling volume today just because a couple lunatics killed 25-40 people over the weekend. Like doesn't everbody realize that those 25-40 people are locked up in probate and won't have their funds liquidated for months. Stupid people rushing for the exits to get out before them though. baka.

>>15124161
have you gotten a shag in with any cute HK girls during the protests yet

LCIs last month was a pump and dead cat bounce wasn't it? Were bleeding down to 4 aren't we? And snss, I hope this trade war stuff calms down by their earnings or else even a stellar earnings report will just have me break even

>>15124193
The fed engineers recessions, retard

I just want to get some rest

>>15124201
>LCIs last month was a pump and dead cat bounce wasn't it? Were bleeding down to 4 aren't we?
no.. that was a shake out of pennyflippers and weak hands......

Only the strong will survive to see huge gains

>>15124185
>>15124191

WARNING WARNING NOT A DRILL


HEDGE WITH CRYPTO

>automation engineer
>-260$

>>15124201
Wow, you figured that one out real quick.

ODP $1.5 puts are now in play, gentlemen. 8/16 has a mark price of $0.06, bid price of $0.05, meaning, assuming the outs expire out of the money, a 3.3%-4% return over the next two trading weeks. Not bad, IMO.

>>15124153
Interesting, I thought REIT performances were negatively correlated with the fed rate.

https://www.youtube.com/watch?v=0p215rO0B34

10 year yield -6.4% today, resistance (support) at 1.4 level, then if goes thru 0.7 that could possible destroy us economy for good as did japan and europe, and then china would take the world leading economy spot so better hope it does not get below 1.4

dow jones hisotically at minus 3% days offers short term longers great returns, especially if continued from down day

>>15124198
Taking part in protest won't change an introvert into something else

>>15124251

lol

>>15124013
based dividend fron

>>15123552
d-does it ever st-stop?

>>15124201
Our next shot at a pump for LCI is after earnings. SNSS is overdue to break $1 as of last week, according to SNSS Anon, an, after the news due this Wednesday, could realistically break $6.

>>15124257
Part of why I'm concerned is I think they may have some creative lending models or somesuch accounting practice.

Other high divvy "safety" stocks also getting hit today, MO down big and MRK down, along with UNH. All some of my favorite stocks... but I'm trying not to buy just yet.

HERE WE GO AGAIN

>>15124285
Have fun getting margin called on those MSFT shares later this week.

>>15124285
Support here should hold.

>>15124288
>Our next shot at a pump for LCI is after earnings
we need all the weak hands out first......

>>15124298

I WANT OFF THIS RIDE

>>15124288

>>15124285
I thought you were the master at selling covered calls... let me guess.. your underlying is taking a beating?

werent you the same guy that said an option is the same thing as a stock?? lol

>>15124315
why, easy deals on good companies

grate her flesh

Reminder that stocks, bonds, and ETFs are obsolete in this government economy controlled era. Yuan tanked because of crazy psycho government dictator. SPY tanked cause another crazy psycho got pissed because all he cares about is getting re-elected and power. The only winning move is to no longer play this game. I liquidated all my vanguard funds and have gone 100% bitcoin. Best decision of my life. I'm already up 18% in last few days. People are fed up with being pawns. Buy bitcoin and you will be free from this manipulated nonsense market.

It's not stopping.

We're going down.

Heh. That all you got, bearfags?

>>15124315
MR. BONES WILD RIDE NEVER ENDS

>>15124303
>>15124304
duuuuuuuude
this rollercoaster was not FDA approved

I feel like my bike just got stolen today by the colored kid who doesn't live in my neighborhood.

>>15124326
>I thought you were the master at selling covered calls... let me guess.. your underlying is taking a beating?
Better to have sold a covered call when your stock is dropping than to just have the stock... At least he's got the premium.

Cmonnnn I wanna see 4 digit falls today, lets short everything bear bros whos with me

NUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU

Need to get something off my chest guys.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

SOMBODY SAAAAAAAAAAAAAAAAAAAAAAAAAVE MEEEEEEEEEEEEEEEEEEEEEEEE

*WHOOP WHOOP*
PULL UP

>>15124345
All that means is that you're getting a new bike for Christmas.

>>15124270
dude you got this
everyone in HK is introverts but I believe that you can get inside some revolutionary freedom loving pussy
here's how you gotta play it:
you have to seem like a really artistic sort of dude. then you have to chat up some HK qt and let her know how much you love artistic and personal representative freedom. and you gotta kind of transform it into, wanting to exercise that freedom with other people and just really live a democratic lifestyle.
then you take her back to your apartment to drink some wine and listen to some Hendrix
dude trust me this exact same formula got me basically infinite ass back in the 70s

you have to try it! do your best!

Puts & Tendies

>>15124333

lmao never go full zerohedge my guy

If I didn't have bitcorn and TVIX I would probably be drinking right now at 11:30am

Updated chart

Offical /smg/ theme: https://www.youtube.com/watch?v=V_ONyukSLqA

kek
The S3 pivot got butchered then tested 45 minutes ago. That usually stops it but you're all out of luck today bullfags.

>>15124362
hi boomer
retired yet?

Stop freaking out brothers cheapies are a great thing. I hope it goes a lot lower.

This isn't crypto. McDonald's isn't going to drop off of the face of the Earth like some shitcoin. You want a recession to buy cheap instead of buying the top.

This is assuming you are working and continually investing or have dividend stocks reinvesting the dividend I suppose.

Dow down 830 points.

It will be down 1000 by close.

>>15124297
I think MO is pretty much fucked. This is a personal opinion based on exclusively on their product line.

I'm poor and pay comissions, so I'm waiting for a 15% "dip" from ATH to add to my ETF position.

velocity on this crash worse than December ATM
0_0

>>15124325
Yeah, circumstances changed after the time those posts were made. LCI lost JSP, their biggest contract. Guess what? LCI's still solvent and replacing lost revenue. It's a solid turnaround now. LCI will be at least a ten-bagger.

>>15124274
Don't laugh. At today's price, they have a forward PE of something like 5. It's a certain two-bagger at the very least if you're holding shares. The puts are a solid play either way.

It's not bouncing

Hit a channel bottom small bounce incoming

Marone

>>15124393
MO about to go back down to $30

Not a drill, unironically buy bitcoin now

>>15124393
Really? Because you don't think people smoke marlboros anymore? Or that Juul's are going to get BTFO by the FDA or something?

>>15124397
oof that is not what I want to hear.
But surely that means we're going to be oversold any minute now... before we resume the dump tomorrow.

>>15124412
lolkek

My brothers, we will all be ok. Do not kill yourselves! I'm very sorry if you have lost a lot today. I know how shitty it feels, but the storm always passes. Rage is a curse that we all carry and have to grapple with. We are all going to make it even if it takes a little longer.

the dows down 800 this is like the worst day in market history man.

https://www.reuters.com/article/southkorea-japan-labourers-northkorea/s-korea-says-can-overtake-japan-through-economic-cooperation-with-n-korea-idUSL4N2511Y7

>>15124397
Lots of technical damage with no good news in sight

>>15124414
What's on your playlist today, lads?

Lol that's what you get for investing while the economy is completely subsidized by the Fed

The realization that I could've just bought spy FDs today and turn my port to 60k really hurts. I could actually live on qyld dividends for that.

I'm in cash.

80k euro

>>15124451

Crystal Castles on repeat

>>15124426
just like LCI is going to $60?

MO will be back to $55 by november if we don't hit a recession. Its got solid resistance at 44.

>>15124342
You deserve it for betraying AMRN.

>>15124384
>That'll be $20 for your big mac meal sir

>>15124451
https://www.youtube.com/watch?v=4cYx7R2jAeM

We had bigger moves in 2018, this is boring. Let's hope China tells Trump to shut the hell up and Trump responds by releasing more tarriffs.
I'm already short so, let the fun begin!

>>15124447
What the fuck

JEROME PLS

>>15124444
So much for the jump you predicted yesterday

>>15124455
Ooof

Historically market crashes don't happen in August and CNBC reported that last week was the worst week of the year for stocks. We'll be green by week's end.

>>15124453
If we knew the future, we could all be billionaires in short time.

>>15124460
And if we do hit a recession?
People just gonna quit smoking, juicing, and dipping?

Soooooo many cheapies. Keep selling!

CUT THE DAMN RATES RIGHT NOW POWELLLLLLLLLLLLLL REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>15124487
Bro, little on earth compares to the hatred between the Japanese and S Korea. They've only feigned cooperation through gritted teeth since the end of WWII. A unified Korea would be a huge deal for the peninsula. I don't think China likes the idea of that though.

>>15124491
m8 you sound like Gartman

DJIA down 870 points
SPX > 3%

Charts full of a bunch of dead cats.

Wheres all those genius investors who say
you just need to BTFD?

>>15124493
i dont need to be a billionaire. I just need 80k at most.

>>15124476

Nice house

>>15124478
It match the ideology of the current South Korea ruling party

just bought some cheapies

>>15124478
Yeah bud this is why unification was never a good idea. Korea and Japan are natural rivals and the only thing keeping the peace is US vassalization and maritime presence in east asia. Korean unification drastically reduces the benefits of being a US vassal.

I have FB puts and EEM puts, I feel like I need something to hedge in case tomorrow is green. Shill me something nice /smg/

MY SIIIIIIIIPS Noooooooo!!!!

>>15124434
People are smoking less than before, flavors are being prohibited, juices and iqos will probably be linked to cancer, weed sticks will not be federally approved in the next 10 years.
Also, I was not chosen after an interview at PMI, so fuck them.

>>15124451
https://www.youtube.com/watch?v=3mbBbFH9fAg

>>15124538
BUY MY AMD BAGS RIGHT NOW I'LL SELL THE TO YOU FOR 32.50 THATS A STEAL

JUST BUY THEM AND NOBODY GETS HURT

WE JUST TOOK OUT THE LOWS AGAIN

>>15124451
YOU SHOOT ME DOWN
B-BUT I WON'T FALL

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

Oooooo what kind of cheapies?

>>15124549
But MO is not PMI

TELL ME LIES

TELL ME SWEET LITTLE LIES

PULL UP

me no longer have AAAAAAAAA image strong enough for drop
now me just laugh

hehehehehe

>>15123576
I bought SQQQ Friday, I'm not losing anything.

>>15123576
Food packing plant. Just happy I only put in alittle. Lost all my gains so I'm sad.

>>15124533
This for you:
>>15124571

>>15123576
> teacher
> 2.5k €

Kinda sucks, but AMD is going to recover eventually.

well the good news is 199 out of 200 trading days when there's a sell off going into power hour, we get a little rally and it goes up a few ticks, the bad news is this is like one of the worst days ever soooo it's probably completely fucked mate.

POST YOUR BEST CRASH >YFW

>>15124616

>>15124616

>>15123576
control system programmer
-$25

>>15123576
lost nothing because gains dont matter until you sell

Holy fuck I have no idea whether to hold overnight or not

>>15124571
PMI is the better business, third worlders will keep smoking and not giving a fuck. Yet, FUCK THEM.

FANGMANs ON SUICIDE WATCH

>>15123576
>neetfag
>$240

it fucking hurts man

>>15124592
Some FDX and 3M

..........RRRRRRRRRRRRREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

The Global economy is screwed.

Asia, US, Europe, ME.

Maybe cryptocurrency is unironically the future

>>15123576
Financial/IT audit, $55

>>15124642
Fuck you amzn

>>15124644
oof too spoopy4me, that China/yuan exposure
good businesses though, but I'm eyeing reits, tobaccy, JNJ and PEP

>>15124455
>I'm in cash.

Nice. I'm about 60% cash, 40% in a high risk play on Cresco Labs that might blow up (down) on me tomorrow when leaf markets open if this sell off continues tomorrow. Leaf markets closed today for holiday. Since I have no US holdings and nothing that trades on a US exchange right now, today is a weird limbo feel. I can't buy cheapies until tomorrow but also can't do anything defensive. Best case scenario is US markets bounce somewhat tomorrow, Cresco uses the excuse to do the oversold bounce it is due for, I yank out profits and everything is peachy.

>>15124650
>Financial/IT audit
what are some interesting stories you see in your daily life?

>>15124650
I know you are probably making couple of hundred thousand a year but damn that sounds boring

>>15123576
Machine learning engineer by day, freelance dev by night.

Down 1% today, but up 3% over the past week and at breakeven for the month.

Next week a lot of the options I've sold expire, so I'm expecting a boost from that.

>>15124678
Literally none, most likely

>market is down 3.2%
>I am only down 3%

EFFICIENT MARKET THEORY BTFO

>>15124644
>3M
I guess they sold many masks in Hong Kong this two month.

>>15124585
The trade war will be over soon, China will capitulate to all the demands. We also found a new gold deposit that’s bigger than Texas with oil and diamonds and a cure for cancer too.

>>15123576
(Confidential)
-$200

>>15124598
fellow AMD bro. definitely my biggest loss of today, ive cost-averaged down to 29.80 per share or something, so i think that'll turn around pretty easily

>tfw you wanted to sell your 401k at 3k but couldn't because you already sold half at 2.7k and didn't want to risk having no market exposure if there was a miraculous golden bull

>>15124722
big if true

I haven't looked at the chart in 5 minutes have we made a new low yet?

>>15124616

>>15124699
>freelance dev by night.
how do you have energy to work after hours? what do you dev? fullstack?

there is no bottom
leading economic indicators have been shit, you'll see the effects consumer confidence shortly and gdp to follow, will be negative by Q1 2020
look for dow 18-19000 by next summer

>>15124726
>(Confidential)
we got a mercenary over here

>>15124736
we just hit 2830

>>15124436
Will it be a 20% correction or a 55% drop.
:-/

Holding brick of cash and the gold around my neck.

>>15124733
What pisses me off is that I have to buy a new car this month, so I don't have spare money to scoop up the cheapies.

I really should have sold before AMD's earnings.

BOBO STOP
STOP IT
OH G-D CURSE THIS BOBO

NEW LOWS HERE WE GOOOOOOO

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

holy heckies 100+ down
this offically worse single gay me every seen in market O_O

>>15124751
No, he's probably just another desk jockey somewhere in the bowels of D.C. It's a good life.

>>15124678
I mean once you get the hang of things most of the job is keeping up with regs and shit. Every now and then you'll come across where someone has been stealing money or doing something shady but 98% of folks are just trying to make a living and go by the book to the best of their abilities.

>>15124691
It can definitely be boring but it pays the bills. There's a big push toward cybersecurity and using AI/ML for data analysis (just like in every other field, it seems) so it might get more interesting in the future.

OFFICIAL thread theme

https://www.youtube.com/watch?v=oIscL-Bjsq4

90% cash right now feels real good

Comfy in RING today.

>>15123923
You shut your fucking mouth up about divfren you disgusting bear trash. Divfren just wants everyone to succeed and gain over time. He’ll be sitting on a pile of cash higher than the tree you hang yourself from when the market rebounds.

What are you guys doing to obtain extra cash to buy this dip?

I'm sucking dick for $10.

BOOGALOO ALERT

EVERYBODY GET YOUR BUG OUT BAGS OUT OF STORAGE

>Tesla still over $100
Looong way to go, brothers.

who else here is buying during the crash?

>>15124784
Something like that. Ror!

>>15124767
i really need to learn to cash out, too. i made a killing on Nvidia after december, considered selling at the peak of April, then the next day or next couple of days i lost everything i gained from them. i thought, its doing so well, ill probably just miss out on some gains, ill wait a bit

>>15124808
It's happening.

>>15124767
>have to buy a new car

New new or old new?

SECTORS BTFO

IT‘S ALL OVER

BUT THE CRYING

>>15124512
You can bet that Beijing is loving the tensions between Tokyo and Seoul

>>15123576

new screaming and suicide room:

>>15124846

>>15124846

>>15124846

>>15124846

>>15123604
>Look for a new job
Now $70k - $80k depending on experience
I-is economy better now?

-900 BOYS

THE RIDE NEVER ENDS

Once this fucker bottoms I'ma use my secret DOMSCUMM technique and scoop up a 100 bagger.

PULL THE CIRCUIT BREAKERS!!!!


GOLY FUCK!!!!

Lmaoing @ weak minded individuals

>>15123552
when you bet against the market :)))

When curbs?
Or do they turn those off the last hour?

IT WANTS LOWER
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>15124796

comfy

>>15124030
this much fiat currency gets me to take my top off. do you have this much anon?

>>15124869
nice

BUY TIME
THIS IS NOT A DRILL

BANK OF AMERICA - 5.28%
PROCTOR -2.45%
PEPSI -2.67%
MCD -1.95%
CSCO - 3.92%
DIS -2.96%
KO - 1.47%
MRK -2.44%
UNH - 2.41%
MO - 3.12%

WHAT'RE YOU BUYING FRENS, WHAT'S THE BEST DEALS YOU THINK?!

>>15124794
Based. Max volume to cover up the sounds of sobbing.

>tfw the Fed will have to unironically buy equities this time around

> Sold all my stocks last Thursday
> Sitting on 100% cash

Boy am I glad to be out.

>>15124901
ETFS with high dividend yields

>>15124392

Told you ^

SCHWAB AT APPROXIMATELY DECEMBER LOW. WHAT THE FUGG?

>>15124920
Like what?

>>15123576
>Accountant
>About 500 USD
Fuck how do I get in Investment banking.

>>15124901
not low enough, got my cash on the side, ready to pump

>>15124738
>How do you have the energy to work after-hours?

I use tools that do the work for me, and charge way more than I deserve. Money is a great motivator. Machine learning work also involves a lot of waiting (training models, deploying code, etc.), so I line up my gigs while I'm at the office.

>What do you dev?

Full stack with JHipster. It's a command-line tool that writes a CRUD app for you. Front end in Angular, back end in Spring.

All you need to do is define a data model (which you can typically do in a night), and change the user-facing parts of the website to look however your client wants. This gets much easier if you have your client write copy, and give them a selection of open-source CSS themes to choose from.

I usually spend about twice as long in client meetings as I do actually programming.

>Bonus: How do I get into this?

Sell your skills to boomers who can't into technology. They won't have a use case in mind, so suggest one. The easier to set up, the better.

My last client was a middle-aged dentist who needed a website. All he wanted was a way for customers to make and edit appointments. The app had 2 entities (user & appointment). All I had to do after generating it was (1) change the user permissions so a user could only create or edit appointments for himself, (2) create a UI that looked like a calendar, and (3) create pages that displayed appointments for a given day, week, and month.

Took about 20 hours, 2 a night for 2 weeks. At $5000, that's $250 per hour. And since there's hardly any features, I know he'll call me later and ask for more.

Pro tip: charge by feature, rather than by hour.

>>15124919
Fun fact: You would have been up 20% if you went into BTC last Thursday

going back up to test that comfy range at 26500, if it can't stay there you're all fucked.

Is there any downside to having your main broker account and IRA account with the same broker?

>>15124920
Kinda wanna buy some more SCHD, but Individual companies seem more attractive here.

FUCK it just popped up a bit.

>>15124981
Are you fucking serious? Like I said, Schwab is already at about December lows, with a 1.67% yield and EX-date is the 8th

>>15125023
depends on what you want to buy with each account. like with a vanguard account, you get no broker fees when buying any vanguard etfs, same with other brokerages. id say its unlikely to have much of an effect on a normal investment strategy to have one with one brokerage and one with another

You’re welcome boys, not even a fraction of a second after I hit the buy button on my SPY option after watching it tick down lower and lower just waiting for a better entry the fucking entire market pumped back up. This is a fucking clown world simulation. There is no escape. The entire market had been waiting for my one single move just fucking wreck me. The entire ebb and flow of this universe is centered entirely around my thoughts and actions.
>honk
>honk

>>15125175
i know that feel

>>15124444
CHECKED

>>15124794
>>15125175
somebody posted this, which means there's at least a temporary bottom around the corner.

>>15124996
Nice advice
Any good tips on getting clients?

We all ready to add in the impact of a
hard Brexit?

coming up soon?

NEW BREAD?!?!

>>15125175

>>15125175
You just got /BOGGED/