/biz/ - Business & Finance

reminder

>>15308357
The second I would any of my assets in it, it would crash

>>15308388

Surrender to Him now! Nothing can stop Him. Not Trump Tweets, Not Trade Shit. Surrender and be Saved by His Fat Divvy!

>>15308398
Anyway in regards to the questions about retirement, I have no intention to truly retire. My dad is a financial adviser and says many of his clients that retire to get out of work die very quickly. The clients that have plans/goals/hobbies to retire for have purpose.
My retirement fund is for my family when I die, and for myself if I desire to stop being a salaried minister.

I own way too much ford what was I thinking?

>>15308393
How long do you plan to hold? Relying on a single company long term carries notable risk. Do you have other plans for investing 30+ years?

>>15308418
That you like fording the rapids of a dangerous river.

>>15308408


>I'm going into ministry

tell me son, what is usury ?
what the hell are you doing on /biz/ save for fighting against everything /biz/ is for ?

Trump to delay the Huawei ban by 3 months. PUMP IT

How are we feeling today guys? I'm feeling crabby.

>>15308396
Expecting a pretty solid pump today if it smashes the 35 resistance with ease

>>15308534
Eh, protestants are weird about usury. While many boomers are against personal debt and follow Dave Ramsey, almost all Churches have some form of debt. An argument could be made that the problem of usury is within mosaic law and doesn't apply to modern Christians in the same way circumcision or restrictions on bacon are no longer followed.
The interesting thing about the passages forbidding usury are either in reference to charging brothers/community members interest or now is interpreted to mean predatory loaning. If we assume mosaic law has ended, then the natural conclusion is the fact that the sin currently would be the intention/heart condition behind loans. I don't issue loans and don't abuse money over those that don't have it. If we use a broader idea of usury as "anti-charity", or depleting a community of resources, I don't do that either. Profit is not a sin nor is it even usury, so browsing biz is not some immoral act. ROI =/= Interest.

>fighting against everything /biz/ is for ?

I usually do end up fighting you guys, (biz as a whole not necessarily smg) since so many tards think they have good ideas. Options/stock trading is perfectly fine, my dad was a swing trader for fun and mentions he wants to do that during retirement. The problem is when people start to speak about the greater financial/economic machine and mislead others. I see this happen here and I see it happen incredibly often at churches. People who were burned by debt throw out the whole system and insist on buying gold (etc). I hate to see members of my community fall into a hole because of misinformation.

>>15308584
all price histories part of the greater crabbish movement
all possible future outcomes are contained in the crustacean realm
many are even now unaware of the snibbing and scuttling to come
those who have evaded the strong claws grow overconfident; their disappointment will be great when the hour of the true crab comes

>>15308647

interesting view, but a bit self-redeeming.

usury was always connected to the sin of greed, which our daily process of accumulating capital is definitely part of.
we always win money when someone loses some, since we don't create it ourselves.

"stealing" money from someone you don't know doesn't make the sin of theft go away.

you can't alway go according to dogma and say "that is sin according to some churches, but not to my church", and look at why it was considered sin by someone in the first place.

>>15308687
Kabbalah Bull gunna stomp Cthulean Crabby today

Looking to double my assets today, which company should I invest literally everything in?

>>15308702
>usury was always connected to the sin of greed
There's a difference between cultural interpretation and the actual meaning.
>we always win money when someone loses some, since we don't create it ourselves
In the modern system, less so. Our growth isn't attached to land and linear resource access, it's based around technology and productivity. If someone sells to me, I have no idea if they're selling at a loss or a gain. I could sell to someone and they could end up selling at a loss/gain. I have no control over that.
Greed is ultimately a condition of the heart, Jesus didn't end the law but fulfilled it. Asserting that profit is theft is a rather interesting point of view, but I disagree. And my point about it being someone I don't know wasn't to justify it. I was referencing Deuteronomy 23:19-20

"Do not charge a fellow Israelite interest, whether on money or food or anything else that may earn interest. You may charge a foreigner interest, but not a fellow Israelite, so that the Lord your God may bless you in everything you put your hand to in the land you are entering to possess."

Many old laws are very specific. You can't take them out of context.

>>15308710
single day movements do nothing to prove a bull market, they are part of the greater crab structure
If we get another couple years like 2016-2017 where there is a constant uptrend, then you can talk about the bull

we all know that isn't going to happen
good month leads to bad month leads to good month
good days, bad days. markets sideways for a week, emotions all over the place. volatility up, volatility down
the crab sees it all, the crab rules over their fear and their greed. oscillating, scuttling, always the same

note that crabs have nearly 360 degree vision, and vision above them, but different areas in their visual field have different levels of accuracy

>>15308716
decide for yourself. Don't put that shit on someone else.

I've been sitting here waiting for my short entry on a forex trade for 2 weeks now.. why the fuck am I doing this? Forex sucks dick

AMD CHADS

>>15308702
>we always win money when someone loses some
Imagine believing this unironically.

>>15308534
He's obviously a Protestant minister. Protestants don't generally object to usury. Stock investments aren't usury anyway. Also usury is a specific thing. According to Thomas Aquinas, usury is lending money or some consumeable good, and requiring the borrower to pay back the principal as well as pay for the use of the principal (the interest). Even under this definition, note that this doesn't prevent charging of interest in all circumstances. For instance, in a rental agreement where I lend you a boat, I require you to return the boat (the principal) plus make rental payments, which is to pay for the use of the boat. However, rental agreements are not usury, because a core part of this conception of usury is that the loan must be of something that is cosumed (which includes money according to Aquinas and general Catholic moral thought), and while the boat suffers depreciation to being rented, it is not lent out under the premise it will be consumed.

This doesn't really apply to /smg/ because we discuss primarily common stocks. Bonds would probably be considered usury under Thomas Aquinas' definition, but stocks certainly wouldn't. Stock is partial ownership of a company, and profits from stocks are either from to sale of that ownership or from dividend payouts, which, as owners, are our fair share of the company's earnings.

Protestantism is gross to me (I say this as someone who was raised Lutheran, LCMS)
Catholicism has failed since Vat2, even before then it was going down the pipes

religion in general is in a structural bear market worldwide, no turnaround in sight
Orthodox or Catholic revival is the only hope, but zoomers will never have enough attention span for any true religious undertaking

Dawn of the final day being an NBRV bag holder. Good luck my fellow bag holders

>tfw liquidating all my equities before China invades HK

>>15309003
Lol this isn’t the 90’s, Asia is completely irrelevant

>>15309024
>USA trade with China
m8

>>15309024
What? It should be the other way around. Asia was completely irrelevant in the 90s but relevant nowadays.

Reminder: Keep in mind that SNSS Anokln is a clueless troll that has never - I repeat - never predicted anything srs.

Thanks.

>>15308931

agnostics, atheists and more generally people with no religion will go from 16 % in 2016 to 13 % in 2050 (The Future of World Religions: Population Growth Projections)

religion may not be bullish, but don't invest against it.

>>15309209
That sounds ominous.

it's not going to be a good day

>>15309251
for whom?

>>15309276
goyim

>>15309251
It's gonna be bad. I can sense it.

>>15309223
Atheists don't reproduce.
Islam will fill the gap in many places.
So we've got that to look forward to.

>>15309205
hes a dumper. told people to buy PES right before it dumped and it delisted and hit the OTC market lmfao. mark is a confirmed stock DUMPER and shortseller that would make bobo cum his britches

>>15309251
today is a green day

>>15309251
no shut up

>>15309323
for the shorts

>>15309209
Most of the 84% who were religious in 2016 just ticked a box that said "christian" or whatever on the survey. There's no meaningful difference in mentality whether they're officially athiest or not on some survey.

>>15309205
>>15309321
I made money off both of those. Learn to read the dump fags.

>>15308970
same boat wew lad

Lets hope tariff man doesn't fuck everything up today.

>>15309375
I'm still holding my SNSS and PES shares.
>>15309321
My name still isn't mark and bear market faggots can burn in hell.
>>15309205
SNSS is going up whether you like it or not.

>>15309403
Ahem....
CHYNA

>>15309417
DRUMPFFFFFF

it all
returns
to nothing

come on /smg/ wake up and shitpost it's monday

one more run /biz/... one more run to 300 and we'll be mango farmers in tahiti.... JUST HAVE SOME GOD DAMN FAITH

>>15309417
nuu

>>15309251
4 U

JMIA seems cheap at those prices, below IPO price. believe in niggelectronics

>Commerce Secretary Wilbur Ross says the U.S. will extend by 90 days the ability of Chinese telecommunications giant Huawei to buy supplies from U.S. companies.

FUUUUUUUUUUUCK!!!!! The move already happened, I didn’t get any notifications because it was that Ross fucker, not drumpf, not a tweet, fuck.

AND I missed the move in VIAB... fugggg

>>15309522
I can imagine an african shopping here feeling like the shit as if he was a first worlder https://www.jumia.com.ng/
solid fundamentals imo.

Whoever told me to buy SOXL last Friday is a hero, I would love to buy you a drink right now

Anyone playing Home Depot earnings?

Stock market goes green.

Robinhood goes red.

>2 more job interviews on thursday
nothing feels better than knowing you might be able to leave a shitty job soon

>>15309396
It's been a wild ride since contempo, but i believe in lef. I'm either gonna make a lot of money or lose a lot of money but I'M NOT SELLING

>>15309623
Iktf bro. Been working two jobs because I need the cash, but might be getting a real job at the company I work full time for soon as a network engineer type deal. It'd be a big boost to my income and I wouldn't have to work at a grocery store to supplement my income anymore. Would be nice.

REFR TO 5

>>15309413
Hahahaahaha

>SNSS iS GoINg uP WhEThEr YoU LikE it Or NOt

What's this? PES up 33% today? How odd, I was told I was just some dumper.

>>15309625
im selling at 20%, 30%, and 40%

>>15309720
Is $trov worth a gamble?
I'm in for the run up. Might yolo a few gains.

Aite niggas it's about to go down

Hi Folks, BigDigi here again. I hope everyone held their NQ,ES,YM long's as I was suggesting. The time Has come now though to flip short to fill the Sunday Gap close.

NQ
Sell: 7722,7832
Buy: 7611, 7540

YM
Sell: 26232, 26555
Buy: 25910, 25715

ES
Sell: 2926,2960
Buy: 2892, 2867

>told all my coworkers I was going to short GE today last Friday
>pussied out this morning

>>15309761
I have no idea but today it certainly is pumping

>>15309681
Is it too late to get in? I was a doubter at first

I'm surprised we all haven't invested in the companies that make tendies.

Is Day trading a meme?

How am I doing?

REFR BEYOND 5

>>15310073
>one day

Tells us literally nothing

>>15309827
dont short GE now... citron research says the report is bullshit..
https://citronresearch.com/citron-issues-comment-on-general-electric-ge-and-markopolos-report/
I have a good long term buy signal here so i bought.

Cresco Labs just broke above the 50 day moving average. Trend reversal confirm.

REFR TO 5!!!

Finally made it back to 0$ and it only took a few weeks of degenerate gambling.

>>15308702
>believing in the zero sum game
You're retarded and you'll never be rich

>>15310177
Sell now and reconsider your strategy

>>15309720
>What's this? PES up 33% today? How odd, I was told I was just some dumper.
it's up today. but you bought it at around 19 cents mark. and it's 13 cents right now.

>Last week bought Gamestop put options, bet they'd be at $3 or less by August 23
>Rebounded the next day, currently at $3.40
What the fuck

>>15310288
Never said it's been profitable for me overall yet. Just that it is recovering. While OTC, no less.

DRYS getting acquired. Good night sweet meme ship.

>>15310288
Also, my name is still not mark. Call me that again, and I'm just gonna filter you. Tired of it.

>>15310177
Nice, what bets did you make that brought you back? SPY or TLT?

THESE LCI AND YRIV GAINS

>>15310373
Some meme AMD puts and calls and some meme TSLA calls. I sold them at the right time most of them expired worthless anyway. I kind of think of both those stocks as noise generating functions, but I was pretty confident AMD would tank after earnings that was my only sure bet.

Rate my gains

>>15310350
just try and filter me you impotent swine. i'll pork your mother like the dirty insolent hog she is and give you a new brother to take care of, mark.

Dudeweeds are getting hit, what happened?

>>15310463
positions?

>>15310210
>>15308899
Based and Smartpilled

>>15310463
nice demo account larp

glyc breaks $4.00 today

>>15310027
if you mean scalping forex as a retail trader or something like that, yes it is meme. but if you mean hopping positions possibly even daily basis during week then no, forex not included tho for such

>>15310463
do you mind posting less often? you post a screenshot of your REFR position every thread and it doesnt even change that much

>>15308418
Did you buy under $9? If so, welcome to gains town brother. If not, welcome to the painful pullback brother.

>>15310583

30k gains and new 52 week highs EVERY day :)

>>15310553

Demo account LOL

W-will KHC b-b-break $26? Please stop dropping...p-puh-P-PLEASE

>>15310553

LOL

>>15310636
> t. i don't know what relativism is :)

>>15310683

How did you acquire this wealth?

Whats gonna happen

>>15310738
nothing, you missed the jump brainlet.

>>15310738
>>15310776
They're getting bought out for $5.35 a share
Months from now, you'll get another 17 cents per share (assuming the deal doesn't fall through)

>DRYS getting bought out

Truly the end of an era
One /smg/ meme bought out, hopefully many more to come

$20 GALT buyout (hopefully by Merck just to hoist that one annoying anon directly by his petard)

>>15310819
Hoping for a $20 (or higher) GALT buyout
Also premiums like this absolutely do happen when it comes to small biotechs

>>15310719
yeah sure the refr shill is on this broker just to buy this shitty stock

>>15309519
If I pumped Spy, would you die?

>>15310877
It would be extremely painful (for bobo)

>>15310877
Dobby wrote a call spread on SQ exp Friday but I think I fucked up and did it atm instead of itm so I'll probably lose some shekels.

>CGC gap down
>I'm still green somehow
this is a concerning feel. I wanted big green to sell callies :(

thinkin about buying on this dip. thoughts?

>>15310979
what strikes? debit or credit?

>ACB buys Hempco
>stonks dip hard

:|

>>15310485
idk. dude

>>15310443
>>15310443
dat crash. was a pump

>>15311057

PCG $5 buy limit activated

>>15311132
rip

>>15311179
My only hope is if this rally is overcooked and we go back down then crab out.

>>15311170
PCG more or less can't go out of business and the state will plow favorable contracts into it if there's ever a real risk to its long term existence because of how many in power are invested in it. I'd buy PCG at $5 all day long if I had a time horizon longer than a decade.

Speaking of buyouts, think ACB will start growing again after closing another acquisition?

>CEI
CEI
>CEI
CEI
>CEI
CEI
>CEI
CEI

>>15311341
You spelled LCI wrong

>He didn't buy REFR

>>15311341
Cum Eating Instruction?

>>15310636
>>15310683

Feels so good to be me rn

I

Love

Owning

REFR

>>15311341
I made just as much on GE kek'd. But I wish you well, let's hope it pushes above 29, at least that would make it look "meh" short term

>>15308716
GE

See, guys. It's like I told you. When you look at that chart and find yourself muttering, "it surely can't go any lower than this..." that's when it's time to buy. $3 soon.

BUY IN MOON MISSION APPROVED

>>15311574

>buying a retail store stock in current year

Bull Utopia

>>15310683
Fuck it, I put 15K into it. If it keeps mooning, wonderful. If it doesn't, then it'll be another in a long list of stocks that look promising but hit my stop.

>>15311608
It
Surely
Can't
Go
Any
Lower
Than
This
Downwards
Market
Method

Look, the fundamentals are sound here. All the downside is already more than priced in. Guarunteed to make money. It's only upwards from here on out, baby. $3 EOY. Amazon-killer by 2025.

EAST GERMAN STASI PUMP

GASSING BOBO

>>15311628
>buying now that we are overbought
the state of retail brainlets

Brainlet here
Are debit spreads or credit spreads more risky?

>>15311170
Fires are a natural part of the CA ecosystem, state needs to get over it.

>>15308342
>>15309681
>>15310079
>>15310163
>>15310636
>>15311416
>>15311488
based REFR shills just made me tons of money. thanks guys.

>>15311628

Good shit

>>15308357
fuck why didn't i invest in this shittty $1 stock a year ago

>>15308396
400 shares on a drip. Feel so good about this stock. People kept saying i was crazy for buying last year, but who's laughing now.

>>15310683

>You will never have gains like this

>>15311816
Actually I had gains like that in bynd but I had less invested

>>15311584
Bought 300 shares at .21 yesterday thanks to biz

>>15310027

is shorting BYND a good idea?

>muh recession

$REFR

Their business plan is to be a "royalty-collecting, dividend paying machine." Their operating costs are less than 5M and will not change because ALL the cost of testing, marketing, etc. of their technology is done by the licensees. Those licensees include the top glass makers in the world. When REFR has earnings THOSE WILL GO TO SHAREHOLDERS! I met Bob Saxe in 1992 and knew if this ever got adopted in auto glass that revenues would be through the roof. I may have mentioned that my grandfather started the auto glass industry early last century at his company Libbey-Owens.

So traders, shorts thank you, thank you for the liquidity because NONE of us long term shareholders are going to sell just when they are on the cusp of profitability! In fact we've been buying steadily as last year no one had heard of SPD, much less REFR. Still buying, stock is going back to way back highs in 30s.

>>15311658
when the fuck did anyone go to an office depot though?

Lol I sold my NVDA calls I bought before earnings on Friday. Stock is up 6% today. One day I will figure it out but for now I'm still a smol cap tradelet.

>>15311893
The only thing office depot has going for them is their business contract division which is entirely independent of their retail division and generally offers better prices on things offices actually need in bulk. The stores are only as large as they are because there's no practical way to fit the mouth breathing parents into a smaller space the day before back to school occurs.

>>15311862
>imagine taking advice from some zoomer using snapchat

>>15310683

holy shit

>>15311893
Physically?
Maybe for the copy services but to my knowledge most of their profit was in catalog sales.

>>15311862
>snapchat


opinion discarded

>>15311929
>>15311939
>>15312005

Up 40k now

>>15312005
What's wrong with Snapchat? How else do you keep up with your family and friends? Incel much?

I was worried that GE would be overshorted but literally everyone's drinking the koolaid. Gonna buy more shorts.

>NBRV
And it looks like we are gonna lose a lot of money. Thanks for playing everyone

Galt cuckholders are literally getting cucked by Israel. Top cuck

Should I sell my 1.2k of LCI and buy REFR?

>>15310819
Please read the Wikipedia article about about the taming of the shrew (I think) to see how you’re misusing that expression.

Shit, I just looked it up and it’s from Hamlet. But the taming of the shrew is still worth reading the synopsis, and you should still learn how to use that expression correctly.

>>15312120
you act like retail sucker... chasing the end of pumps lol

>>15312061
>How else do you keep up with your family and friends?

Yea, no one ever did that prior to 2011. The technology didn't exist.

>>15312159
How do I predict these six month long pumps so can get in at the start?

are div etfs and reits alright during a recession, or are all the divs going to get cut meaning i should sell those off?

>>15312173
you can't unless you have insider infos. Otherwise anybody would become millionaire.

how do I short Hollywood, but I have no euros?
that tent they build is going to collapse and I'm a bit worried I have no cash or a way to short them.

>>15311847
Whenever I talk to a norman about trading, they always repeat shit like that, but when I call bullshit, nobody can provide a source.

>>15312089
No, getting cucked does not make them cuckolders, it makes them cuckolds.

The cuckolder would be the cheating spouse, or more likely the “bull” (the one fucking the unfaithful spouse)

What is this pic from? What does it mean?

>>15312234
>Whenever I talk to a norman about trading
well thats where you went wrong kid

DO I SELL LCI AND BUY REFR

LCI HASNT MOVED IN WEEKS. I WAS PROMISED $60 FUUUUUCK

>>15312293

REFR will be higher than LCI next month lol

You could of bought under 3 a month ago

Missed train

>>15312264
haha true

>>15312293

Ask
>>15312264

Well, where is his 60$?

Daily top is passed, lads. Epic dump in to eod.

>>15312234
It's halfway true.
Brokers have to provide the numbers how many of their customers are negative. It's always between 60-90%. But who fucking cares? 90% of the people are overemotional dumbfucks.

just pulled 4000$ out of SNSS and dumped my bags on some normalfag. what memestock should i buy into? (not LCI or GALT either)

Thinking about loading my bags into Viacom (selling a cloud computing and fintech fuckup)

What do you think about that?
At least VIAB has a nice yield, even if it’s totally hated.

Or maybe it doesn’t have a yield? I’m getting mixed messages from different sources

>>15309091

>>15311893
Me? I've been a few times recently. I bought a printer online and picked up in-store. The other side of your question is how many purchases have I made from Amazon in the past year? Zero.

>>15312234
http://faculty.haas.berkeley.edu/odean/papers/Day%20Traders/Day%20Trading%20Skill%20110523.pdf

Weird market. When is the thousand point drop habbening?

>>15312403
I hate when my parents send me an amazon gift card for my birthday instead of an Office depot giftcard

https://www.cnet.com/roadshow/news/rivian-r1t-r1s-electrochromic-glass-roof/

Buy REFR

>>15312420
So it makes 85% in Taiwan

>>15312436
Nothing's fuggin happening, I wanted to do a daytrade today but even on leverage I would have made like 15 bucks max. Very odd
>>15312403
based

>ETFs

accumulating or distributing? which is better?

I have been to an Office Depot twice in the past year.

Once to buy a TI-84 for a test when I couldn’t find mine. The second time to return the calculator when I found mine under my passenger seat.

Anyone buying dutsche bank already?
$1000 or $2000 seems like a good bet for mad gainz when it recovers.

>tfw when you lowball bid, it fills and immediately rebounds back up

Very comfy feel. Thank you Green Thumb Industries. Now you may break out of this bearish wave with my permission.

>>15312519
based

>>15312501
Let me introduce you to my good friend Theta.

>>15312436
Never. Golden bull until the end of time now.

>>15312436
friday

>>15312377
AMRS

>>15312377
Why not GALT

>>15312522
Why should it recover?

>>15312089
>Traber

He hasn't been CEO of the company for a year, retard
He was completely incompetent while he was CEO too
Good riddance

Traber was the worst thing that ever happened to GALT

>>15312420
Looks like a legit study. Thank

>>15312234
it semi true, only about 10% of daytrader profit ;_;

but big part those other 90% am people who casually daytrader
if you daytrading almost every day and putting in real hours of watch market it become ease and easier for profitably
learning for short and survive "experienced sucker" phase hardest part

>>15312234
>>15312681
All anons and trips ITT must reveal they are in the 10% of traders who profit.
Especially you ~p*n**-chan~ uWu

>>15312681
over 3 years it's 1% of day traders who are consistently profitable

I want to go into dividend stocks and made a list of 9 dividend focused etfs. Thinking about looking into one more to make it a nice 10.
Do you think thats a good idea?

>>15312377
Have you considered MPLX? They have a strong dividend (almost as good as QYLD) and are at a low point in valuation.

>>15312377
Refr. In 3 months sell Refr and buy LCI. Repeat process in 1 year. Buy SNSS. Sell after 1 month and buy Refr.

>>15312725
you can call me FUCKmark-anon

jmia meme triangle

>>15312757
hey that doesnt look too bad ill throw like 1k in there. thanks mark

>>15309522
this post aged well

>>15312725
me robinhood account cursed ;_; it wont break out more than 10% initially invest

>>15312732
yes surviving three year mark hardest part (that experienced sucker phase) but 5 year get better and everyone who survives 10 year am profitable

>>15312804
yeah but according to citron research it's a nigerian scam
https://citronresearch.com/jumia-indisputable-evidence-of-fraud/

NBRV halt. Here we go, boyos

BYND down over 40%, there's so many bagholders above $200

>>15311658
I really assumed the 'GALT' in your name would somehow be GALT itself, and the DMM I knew, I was trying to figure the rest out
oh well
I still like the name of your method

HAHAHAHAAH $NBRV BTFO

>>15312951
Nothing happened yet

>>15312976
Just joking.
I don't have a position but I'm watching for the kino

>>15312735
that sounds extremely bold, but I believe in you
go for it anon. find the 10th unicorn

>>15312841
even better. just bought 100k

>Merck Granted Seven Additional CRISPR Patents, Bringing Total to 20 Worldwide

WHY WON'T IT SELL OFF, I WANT TO BUY MORE!!!!

CRISPR in the hands of Merck... the world is truly blessed.

VIAB very tempting!! But I'm not good enough at interpreting mergers to understand why everyone hates them.

>>15312994
Biting my nails at work, I'm not getting shit done. Better not keep the halt until after hours I just wanna know how fucked I am

>>15313012
APPROVED. WE ARE GO

>>15313012
https://www.fda.gov/news-events/press-announcements/fda-approves-new-antibiotic-treat-community-acquired-bacterial-pneumonia
You happy faggot

>>15313012
what's this?
all calls?

>>15313040
I'm cumming so hard right now.

>>15313052
Yeah. Recently sold my portfolio in full because of some financial hardships, but held all my nbrv calls.

>>15313012
Now I know where all the money I made on options came from today

jesus jmia keeps mooning

Big stop loss raid too, today. Had me nervous that there was a leak.

LOW one of the most solid dividend growth stock on the market right now. Earning in 2 days, if it crash you def want to start picking this up but anything under 100 is good
probably fastest way to a safe 10% yield on cost besides sbux

funny to see Argentina stocks have another -8% day
Joke of a country

>>15313006
Thanks anon! I will find the last unicorn!!

AAAAAAHHHHHH I DID IT

I DROPPED SOME BIG BAGS
AND PUT 1/3 OF IT INTO VIAB!!!

BIG DANGER LIVING!!!

>>15313012
Holy fucking shit, dude.

So I sold calls and got the money. The value of those calls went up. What does that mean? Can I sell the calls to make more money? I receieved 75 dollars, and now it's worth 85. Would selling them now make me pay the difference? At face value it looks like I can pull money out of thin air so i must have to pay something.

>>15312389
that screencap is wrong. people aren't buying bonds at negative rates because they think they're going lower. they're buying them because they are in wealth preservation mode and have no other safe options.

>PES up 50% today

>>15313224
Let me know when we are at profit..

>>15313254
I already sold for profit weeks ago.

>>15313194
you could sell more calls
you could buy back the calls you sold for a loss
you can't double-sell on the same underlying

basically if you had waited, you would have been able to sell the same calls for more money. But you didn't wait, you sold at 75, and now whoever you sold to made a profit. you didn't lose money for real, but you lost out on possible gains

>>15313194
when you sell call contracts you receive credit equal to the option's premium, in you case 75 bucks. If the value of the calls went up to 85 that's bad for you, it means if you were to buy them back you'd have to pay more than the credit you received, 85 bucks in your case.

>>15313306
>>15313288
Ok that's a good explanation, thanks. I was way negative on the stock, so I'm not worried about missed gains.

I understand about 70% of what this guy says, and I find he makes things pretty straightforward.

But sometimes, like right here, it’s like he’s speaking nonsense... just read more investopedia?

jmia +20.3%... resisting the urge to add more to my position because overbought

nani?

>>15313452
Interesting story about them in the economist’s highlights last week.

I’ve learned my lesson about buying on the way up, I don’t recommend it.

Man slow thread today. Guess last week I was just spoiled by le tariff man

>>15313445
he's talking about market breadth, that's one of his big favorite indicaties

>>15313445
Its called being Golden Bull.

>>15313467
on a long time frame we were oversold.. had my buy signal at 12$. On shorter time frames we need to correct imo.. i'll buy the correction

>>15313478
Yeah... that’s about 10% of what I don’t understand when he talks about it, will read the pedia definition after the close

Advancing declining issues data...

>>15313494
>whorish contact lenses
Ewww

Anyhow, regarding the golden bull, I’m about 99% certain Cio would say “TBD”

>>15313521
Cio is a golden bull
He only says that for legal reasons hes a portfolio manger. and is extremely sarcastic when making any bearish statements

>>15313501
it's p simple, advancing stocks are stocks which are higher than their last close, declining are lower. Since there's a fixed number on each index you can get a picture of overall momentum. People use this to look for esoteric signs of a bullish market, with advancing momentum in a downward market being a secret clue that bulle is coming

>>15311862
looks much like shit shit coin shilling :P 160 market cap so penny stock that easily pumped and dumped

>>15313497
Earnings are Wednesday morning. I actually profited quite a bit on my calls today, 9/20 17$ strike. Sold most, will probably sell the rest tomorrow. Expect a correction either tomorrow or Wednesday.

>>15310601
78 shares at $9.27

CEI up 12% today, I love you biz

Ding ding ding! How did everyone do today? I'm down another .35%, the ride never fuckin ends with CGC huh???

>>15313739
Up 3.28% today

>>15313739
up 1%

GALT CGC and HEXO holding me back
It's OK, hands extremely strong. more money, same problems
greater crab market confirmed through at least 2022

>>15313545
He told us that he took profits a few weeks ago though. And TBD isn’t bearish.
Nothing wrong with being the opportunistic bull.
>added to a position today
Now that’s new for me to see. Any idea what he’s buying? Does he ever tell us that stuff?

>>15313739
had a bull day green feel.
Sold 90% XOM for bollinger method. hodling rest to mid 70s

>>15313778
He occasionally takes profits for his clients that are already up 200%. He knows the market is going to rally another 40%

>>15310601
I have 100 at 9.29

>>15313521
>>whorish contact lenses
those are images of the black hole from earlier this year

>>15313739
Good day. Took half profit on Cresco Labs. Dip bought Green Thumb. +2.6% on 2x S&P. Cresco earnings are Wednesday. I think i will hold my remaining half pending those.

NBRV halt removed. Let's see how far it goes in ah

>>15312899
"I Short Call GALT Temporarily: Downwards Market Method" could also be a viable trading strategy .

>>15313739
I had a great day trading leveraged index ETFs, mostly SPXL. Been working on my strategy to get truly profitable for a while and took a nasty drawdown in the process. Started battling back a while ago and am finally in the green on my D, M, 3M, Y, and ALL. Only working with a few hundred though. If this run continues to look real and not just a stroke of luck, gonna plow some real money in this thing in a few months.

>>15313825
I'm sure he does very well for them.

Question remains: what is he buying? I've only heard him mention he has some TLT before. I'm guessing some shiny rocks as well, and lot's of S&P.

>>15313985
how about
I Sexually Control GALT, Then Demand More Money

>>15314012
>TLT and rocks
he wouldn't buy those if he was truly blinded by the bullish light

>>15313739
Up 0.81%. Pretty good, but I can't believe I got rid of CHK last friday.

>>15314028
He was doing an analysis of TLT, and wanted to make it clear he isn't rooting against it, that he has SOME of it. He only accepts clients with pretty substantial money to manage, when you have sums that large you CAN'T be all in stocks. A meteor could strike the NYSE and really fuck up your billionaire clients.

>>15314012
He treats his clients separately, so for his clients that are already up 200% he transfers some money to bonds but most of the people should be 100% spy. he doesnt buy worthless metals of course because its speculative

>>15313996
>few hundred
Nobody cares about your lunch money. Stop posting.

AMDCHADS RYZEN THE FUCK UP

>notification
>AMRN up 30% AH

>>15314081
I have 50 bitcoins I'm thinking about pulling out of and putting into this assuming my strategy works out. Will it be a little more interesting then?

>>15314114
Feeling good brother.

lel @ $NBRV
What's going on?
Don't people like it?

>>15314079
That would be such a weird way of managing money, keeping every client separate...

And metals have industrial and manufacturing uses, as you well know. A spaceman was recently telling me that human productivity would surge if we got a huge amount of platinum, that it's one substance that would actually be worth space mining for. Apparently platinum is really useful in cutting edge science and space travel.

>>15314303
it's completely normal to have every client have a separate account with a personalized investment strategy
that's standard practice in wealth management... every client has different goals, different timeline, different risk tolerance.

You can really tell that a lot of people got knocked out of the market in the last three weeks when a massive green day doesn't even burn out one thread

Fuck me... BIDU mooning and I didn't get my fill because it decided to stop on retarded support.. ugh.

>>15314303
dont matter because metals have no yield and historically spend decades without beating inflation before a random pump. No money manager worth their salt would do anything but SPY + Treasury

>>15314323
Really? I thought the standard was to pool the money, like in the Vision Fund. But I guess that's a different style, that's a fund like a hedge fund.

I guess I have a lot to learn about wealth management.

>>15314352
>No money manager worth their salt would do anything but SPY + Treasury
But the wealthiest usually want some exposure to venture capital and private equity.

I was reading recently about the shift towards taking/keeping the most profitable companies private. I'm starting to wonder if those participating in the regular stock market are going to get less than historical returns due to trends like that and trends like the decrease in dividend payouts.

>>15314436
client based wealth management is personalized

you can always buy into special funds (hedge funds, etc.) with some of your money. but usually not all of it. those big managed funds will just be a part of your holdings

as for the rest of your post:
some private equity firms will always do really well. some won't. but it's nothing new. no actual change in market dynamics implied as far as I know

>>15314436
kys

AMRN got some good news thanks to the AHA. Stock is on the rebound. Generally speaking all my positions posted gains other than GE and KDP (Both were down a bit, not much though)

So I'm up 2.04% today. Overall down -0.18%. Almost at the "even" point again. Green rally keeps going I'll see some Profit rest of the week.

DIS got a Whistle blower. So maybe cheapies incoming.

>>15314587
Thanks fren, I hope you keep yourself safe always.

>>15314546
Makes sense, love learning a little bit here every day. But Cio did say he was adding to a position here. You're saying he only buys the index and treasuries? And he does it differently for each client... I wonder what he meant then?

>>15314616
Saw that about DIS, fingers crossed.

Anybody looking at $YUMA? Just bought in around $3.50

>>15314642
Cio bought the SPY because hes a fucking golden bull and the treasuries are overpriced + yield less than the spy

he'll probably start talking about this soon as its a major historical implication for a bullrun in stocks

>>15314729
good job buying the top nigger

Trying to link my checking acct and robinhood is only giving me
Cannot read property 'url' of null

>>15314786
contact robinhood support


I can't believe you zoomers think that random websites are the place to ask for help
https://www.reddit.com/r/RobinHood/comments/cq2phs/cannot_read_property_url_of_null/

>>15314757
It peaked at $6.45 and will easily see above $4.50 tomorrow...

pic related

>>15314616
Yes! Most financial planning people tell you that by age 40 you should have double your salary stashed away (net worth). Currently I'm only 18k away from having that amount and I'm only 36.

So 4 years to stash 18k away. Easy as shit, Hell I'll prob over stuff it.

Tricky part is when I hit 50. Supposed to have x4 your salary stashed then. So 14 years till that point.

>>15313550
Thanks bud, very interesting stuff! Bullish indeed! Makes me wonder if I should be buying something... I was hoping TariffMan would spook the market but he decided to approve Huawei's extension instead.
>The advance/decline Index is also called the advance/decline line or the A/D index or line. It is used to help confirm the current stock index trend, or can forewarn of stock index reversals when the A/D index diverges with the stock index direction.

>>15314944
Bought 20 VIABs today, am I gonna make it?

>>15314755
Makes sense makes sense. You don't seem to like index investing very much though, I guess it doesn't hit the bollingers often enough for your strats?

And about metals having no yield, there are covered-call precious metals ETF's, like GLDI and SLVO.

>>15314999
I dont buy the index, I use it as an indicator. To trade heavyweight stocks you need to understand the spx

by the way those cover call etfs perform way worse than the metals themselves dividend included, I hope you dont fall for such obvious trickery

VTI - Godly fund. $150 x 12 = $1800. Which broken down is less than what some cucks spend on Starbucks coffee in a year. Plus it pays a nice divvy (0.55 x 4 atm).

Bag VTI and get pretty much everything in one go. Buy it and forget it for 20 years.

>>15315128
I was just looking at that! They've done TERRIBLY over the past decade. The metals have too, but they've recovered MUCH more than the covered calls indexes. That strategy seems to do terribly over time, at least in a bull market, which sucks. I wouldn't have thought so, given how many options expire without being exercised.

>That pic
Mama? Is that how you view yourself here in /smg/? 2Spooky.

NO! WHAT THE FUCK HAPPENED?

>>15315289
>>15315289
>>15315289
>>15315289


NEW
Thread

>>15315289
>>15315289

>>15315207
You chose not to listen to

>>15314944

>>15315207
What do you mean what happened? It pumped and dumped, like the garbage stock it is.
Looks pretty juicy at 0.38 though

>>15315207
Why would you buy a China pennystock?
That's asking for a bogging.