/biz/ - Business & Finance

Do I buy UBER or IRBT tomorrow?

LINK $1000 EOY

Any stocks under 50$ you guys recommend?

LINK 1000 DOLLARS END OF YEAR

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>17120363
buy TGTX and dont sell until they get FDA approval

>>17120104
Do I keep adding to my IBM position or leave it at this point?

21 college student here, should I buy footlocker/carnival for divvys or AMD/MSFT?

I bought one share of MSFT at $166 and now my dopamine receptors demand I drain my bank account into robinhood

>>17120363
(PENN)
This shit is gonna explode due to the normie meme magic that allowed TSLA to go to $920 a share

>bunch of new money frat bros buying because of muh Barstool acquisition
>frat chads work on Wall Street
>frat kids pitching investment to rich dads

Thank me later

The market is in such a fucking bubble. Gonna explode soon. Im bearish

BUY CHICKENS AND PIGGIES

>>17120511
Soon as in May-August.
There is still a lot of money on the table

>>17120511
Based bear, can't wait

>>17120474
MSFT is king, sprinkle some AMD in there if you can cop a good entry price (46-47).

>>17120548
Like any moment. Wuflu adds randomness

Too lazy to link to post in previous thread.

Is there a reason to believe ONTX will release any legit news at these conferences? Also, I’m not really selling at $1, it was a ruse to make you baghold for me. ;)

>>17120560
QE confirmed through April. You’d be retardrd to short before then.

>>17120587
Isnt it tapering down?

A wuflu outbreak in nyc woukd do it imo

Crab ass fuck ass nothing ass dick in the booty Vaseline packing ass day. Fuck this boomer shit

Link to last thread pls

>SNSS

>GILD

STOP BEING SO VOLATILE

Tomorrow will be very green or very red

>>17120104
Is that Stephan Paddock's fucking brother?

You shouldn't even post that fucking faggot's face

>>17121179

9 cases of local corona spread in singapore

Are bears gonna win friday?

>>17120363

Accumulate REFR

>>17120555
Imagine sitting on the sidelines during one of the biggest bull runs of all time. SAD

>>17120587
Lol, with this level of retardation here how the fuck did biz find link?

I tried short term calls
fuck that shit is too stressful for me
especially during earnings

>>17121267
It's Friday, everybody is going to be cashing out to be able to afford their weekend hookers and blow. That and there is still mild and lingering fears about nCov which will probably result in even more money leaving the market.

My advice as always is to buy the dip.

>>17121267
They will for tsla

>>17120483
Why the fuck would this boring ass shit explode?

>>17121568
https://www.federalreserve.gov/newsevents/pressreleases/monetary20200129a1.htm

neck yourself faggot

VTSAX or VTI? i asked in the general earlier but forgot to check so which is it? thanks

>>17121604
That’s not QE you brainlet, hence when it stops the market won’t crash. Can’t believe you guys are buying the MSM propaganda that Trump is doing QE, I thought biz was better than that.

>>17121522
what about FCEL?

>>17121644
Then, please, explain what is going on in the repo world.

CSPR plays tomorrow?
Current market cap 551M, only dropped 6% from IPO price
I'm thinking short/long puts

Fellow StockFags:

Is there anything you would buy NOW, at its current price?

>>17122261
SOXL (not a stock)

>>17122261

Sell puts on something you have enough to buy 100 shares of at a strike price that you’re interested in buying anyway. If it doesn’t hit you still made money if it does you got the shares you wanted at a discount price

>>17122324
That's a tough one. I did that with Marvell once, but it tied up so much capital.

Put spreads though... thanks for reminding me! Maybe LMT or MRVL again.

>>17122261
>>17122324

And after you get your shares sell calls using your 100 shares at a higher strike price than you got your shares at.

>>17122355
The wheel, eh? Too bad I don't have $440k lying around to do it with Lockheed.

Today was a good day :)

But, S&P 500 in the red tomorrow?
I am worried about all the retards buying puts right now.

Tesla people are pathetic. That ford advertisement I see as nothing wrong. It is just a silly way to show the extra room where the engine would be. At most, football fans might actually do that in the parking lot outside the stadium. But to Tesla shills they need to keep reposting the images and talking amongst each other about oh how horrible this is, Ford is finished, Tesla will rule the world. Worst advertisement ever, blahblahblah shut up insufferable fags.

>>17122708
imagine thinking that ford, one of the greatest companies in world history, is going to be beat by a reddit meme. these same people probably think bernie sanders will be their next president.

>>17122730
>the Roman Empire will never fall

Pharmanons, is MTNB still a promising meme stonk or wait until the risk of further dilution passes?

>>17122261
LCI

>>17122766
Shit comparison. Ford is not a country.
A better comparison would be Sears, Macy's, ToysRUs, and every bookstore ever losing to a fucking website that sells books.

>>17122708
If you think anyone is going to put a hundred chicken wings or pieces of shrimp directly into their fronk and go to a tailgate party, you are probably the biggest retard on /biz/. Do you have any idea how much it would suck to try to clean grease off a plastic interior?

It represents everything why Ford is completely out of touch with the world around them. They had decades to build a decent electric car and this is how they're trying to sell it? The Mach-e is complete shit, they have very few preorders and they can't even produce that many of them because they're battery constrained. Ford will go bankrupt within the next two decades. They have a hundred billion dollars worth of debt and still insist on paying a dividend to their boomer shareholders. They are unwilling to do what is necessary to survive.

FUCK Ford, FUCK Ford shareholders, and most importantly, FUCK TRIPFAGS.

>>17122839
>dat windshild wiper fluid
>dat tang
Only get that in a Ford my dude. moon mission

>>17122863
Don't underestimate how shitty those traditional auto companies are, related to their age as well.

They could have "beaten" Tesla by competing earlier, don't think they are somehow late to the show out of competence.

>>17122839
Hahaha no way, this has to be a troll image. Tell me this is just some silly edit and that this isn't how they are actually advertising their EV

Can somebody explain to me how options can net people 5x, 10x, 20x the premium?

>>17122839
>>17122863
prove that you aren't Ford Marketing right now.
You been posting the same two pictures in every single thread for the last 48 hours.

>>17122924
no

>>17122863
They fucked up when they didn't add a separate drink dispenser beyond the forbidden tang.
>Just load your frunk with a hundred pounds of ice to keep your dozen drinks cold, bro.
>>17122917
It's real. I want to know how many people at Ford approved of this going out to the public.

https://www.motor1.com/features/396609/ford-mustang-mach-e-shrimp/

>>17122924
An option contract represents 100 shares.
It is much more complicated than just the amount those 100 shares increase but basically that's it.

Google it

>>17122917
>Tell me this is just some silly edit and that this isn't how they are actually advertising their EV
The shit is 100% real. THat very image sailed through probably hundreds of eyeballs and minds and they all signed off on it. Every single one.
Ford
>>17122944
>You been posting the same two pictures in every single thread for the last 48 hours.
If I were Ford marketing that image wouldn't exist

>>17122924
Leverage

>>17122924
Options are usually highly leveraged. So each 1% move is multiplied depending on the specific parameters of the option.

It's not that they are better. They just allow you to change the risk as compared to buying / selling stock.

Anyone still trade on the asx?

>>17122944
I only posted it three times. The first time was when I originally found it, the second time was when I wanted to make a joke about someone pulling up with a frunk full of wings, and this time was only because someone else brought it up.

>>17122924
Simple. Take the price of the underlying, divide it by the delta and divide that by the option's price to give you the leverage multiple.
Example: 1 share of SPY currently sits at $333.58 whereas 2/14 334 calls are going for $2.20. The delta on those calls is 0.4872. 333.58x0.4872 is 162.52. 162.52/2.20 is 73.87. The leverage for that call is 73.87x at the precise moment you buy it with those numbers

>>17122917
>>17122839
This is what happens when your company is run by boomers that saw the demographics of people who bought Teslas. F and GM can go to hell, they made inferior products for decades. Even newer brands like Hyundai beat them in everything except pick up trucks. They'll go bankrupt drowning in the debt of boomer pensions, making unsustainable promises to an entitled garbage can of a generation.

>>17123000
>Take the price of the underlying, divide it by the delta
Meant multiply it by the delta. Happens every time when I try to explain something

Kansas City football fans can bask in the glory of a world championship – at least for the next six months or so – but for fans across the country, it’s not too early to start thinking about next season. Specifically, the tailgating.

Here are four ways football fans can elevate their tailgates for next season with the all-electric Mustang Mach-E’s front trunk, or frunk, a 4.8-cubic-foot plastic space – the equivalent to a 36-gallon cooler – that sits underneath the hood. (In a gas-powered vehicle, where the engine is typically located.)

The trunk in the front is about the size of a large cooler, so fans can forget about lugging a heavy cooler to a tailgate. Just fill the front trunk with ice and beverages and cruise right up to your tailgate. When you’re done, open the drain cap at the bottom of the front trunk and let gravity do the rest.

Sign up to bring a gameday spread best served chilled? Top off the frunk with some shaved ice to keep veggies, dips and even shrimp cold and ready to eat.

Feed an entire team by loading the front trunk with hot wings: you can hold more than 1,000 regular sized wings with the extra storage space. And don’t worry about the sauce – you can open the drain cap and hose down the front trunk when you get home.

Play a game of long-distance cornhole or show off your passing skills by challenging friends to a “closest to the front trunk” contest.

Deliveries of the electric SUV begin late 2020. Reserve the Mustang Mach-E to secure yours for next season.

>>17123000
>divide it by the delta

How is the delta determined? How are the contract prices determined, for that matter? Or are both of these predetermined?

>>17123021
Imagine thinking millennials can afford parking at a stadium let alone game tickets or that Zoomers go outside.

>>17123032
read a tutorial

>>17123040
The whole thing doesn't make any sense. Who can afford to give a thousand wings out to random strangers at a tailgate party and why the fuck would anyone do that?
>Play a game of long-distance cornhole or show off your passing skills by challenging friends to a “closest to the front trunk” contest.
This part was the worst. I had to look up what cornhole was, it's that game where you throw a bean bag into a hole.

>>17123040
>imagine thinking

Stopped right there

>futures

>>17123066
>random strangers
>not selectively giving it out to sports bitches

Ngmi

>>17123032
The Greeks like delta et al are derived empirically. The price moves by x and traders change their bids/asks by y. Computers doing the math on what traders are actually trading determines everything else. Suggest you read up on it, learn what the greeks mean and then think about it carefully. If you are cut out for trading options it'll come to you. If not then you might wanna just trade shares

I have 400 dollars left in my account. Should I YOLO it into GALT shares and pray Tuesday something good happens?

>>17122839
>they can't even produce that many of them because they're battery constrained.

That's why they will beat Tesla. Tesla has the same material issues. With Tesla being the outsider, oil companies, and other car companies, like the General, will suck everything away. Elon will be playing in his sandbox rubbing two sticks together talking about how he's on Mars.

>>17123074
>nb4 black scholes and binomial model
Yeah I know. At the end of it all the traders still determine the price, IV, et al

>>17123094
ONTX is the best YOLO right now

>>17123101
Ford can't even make competitive sedans anymore. They gave up. They're a fucking dead company.

>>17120576
Well why would you put out anything "bad" in full view of the public and shareholders and deal with the fallout of it in such a way as this? Normally "bad" news is just some press release low key thing. Good things are a brewing. Soon those who got in early will be well rewarded. The only thing that could top this, if I'm right, is if they get past the FDA or a legit buyout deal. But those two things are a big fat question mark at this point. Waiting for more gains past the glorious news, if I'm right that is, may not be worth the trouble or time. Games will be played by the investment groups while everyone waits post the glorious news. So you could see that massive gain just vanish due to all the games. Then it could really vanish if the FDA fucks with them.

>>17123073
>sharing even a single one of your 1000 wings
nah bitch get your own
I've got the back of my CYBERTRUCK filled up with over 100,000 wings and I don't intend to share any.
Also if I crash the CYBERTRUCK into the Ford, it will be completely invulnerable. Metal beats plastic every time.

>>17123094
Throwing your money at a $2-$3 stock, thats on a year-long downtrend, and praying is never a good idea. Then again its only $400, so why not

>>17123127
Tariffs might actually come into play, unless they were already price in for being slashed.

>>17123008
This so much. Fuck boomers so hard. They deserve losing all their money in boomer stocks and in the boomer sick care system.

When I get my Mach-E, who wants to have a “closest to the front trunk” contest with me? Hopefully it fits my cornhole table in the back.
>>17123101
Tesla produces more batteries than any other vehicle manufacturer and more than all of old auto combined. Not only do they have the most agreements with battery cell producers, they're starting to make their owns cells as well using their proprietary battery chemistry that is far better than anything else available at the moment for use in electric cars. Tesla has admitted that battery availability will be their biggest challenge and got out ahead of it years ago.
>>17123154
>I've got the back of my CYBERTRUCK filled up with over 100,000 wings
Kek. Ford BTFOed. The Cybertruck bed is stainless, even easier to clean out than the Ford frunk.

>>17123094
I have 250 shares of GALT I bought at the 52w low. It's enough for me. I'll give them a few weeks.

I went all in on Tesla at ~$180. I’m actually gonna make it bros, and I have /biz/ to thank for getting me interested in investing in the first place. Thanks.

>>17123116
This. They are announcing the cure for cancer later this month but don't tell anyone I told you.

>>17123140
Reminder: AMRN was at 3.00 a share. Then its glorious drug results came out. It hit 12 not long after that. A 9 dollar increase. Now I'm not saying ONTX will do the same but that's kinda the big pop this kind of thing will do to the stock. All depends on the news. Good news is good news and the stock will move biggly. However news that blew past all expectations will make it move insanely upwards. Your job is to hit that sell button as fast as your finger can move.

>>17123241
gratz, don't be surprised if it pulls back over the next 6 months.

>>17123116
Is there any logical reason to believe that they have any potential? I drunk bought 300 shares two days ago, and I'm trying to rationalize it to myself.

>>17123074
Good advice. Appreciate you.

>>17123278
I have been holding the same AMRN bag since 2018, and it looks like I'll be holding it another year still. i know it will be worth it but its gonna feel good cashing it out

In this case, lets assume ONTX hits $3. A fair guess since the 52w high is 4.5. The potential is there. All depends on the news. If your like me and have a nice share count, well 3 a share will reward you pretty nicely. Hell even 1.5 is nothing to just toss away. At 3 I'm looking at 36,396.00 for my efforts. At 1.5 I'd get 18,198.00. Would you toss away over 18 grand? Hell no.

Might open some YTEN shorts. This fucker yo-yos reliably.

taking bets on whether or not these orders get filled

>>17123241
Based Tesla bro. I was trying to diversify more so I didn't have the majority of my capital tied up in TSLA but the recent dip made me buy even more.

>>17123430
oh no your pathetic hopium posting is back

Christ why has Tesla spawned a 2009 apple fanbase?

>>17123094
Ask Pendulum or savanon how guaranteed that one is, but you better not be risking money you can’t afford to lose.

>>17123430

Wow, looks like a steal. Galaxy brain investment right here.

>>17123476
Red flag. But I'm gonna hold at least through their second conference.

Any good sub .50 plays for tomorrow other than ONTX?

>China collapses
>global computer parts shortage
Should I be investing in American silicon mining companies?

>>17123507
China has this hygiene problem under control by mass draconian measures. Don't worry about it. Spraying shit everywhere and wearing masks will fix it.

>>17123487
zoom in

SHORT EVERYTHING THAT IS ELECTRONIC ASAP

>>17123533

Universe brain.

>>17123564
>>17123507
>>17123532

>>17123430
>lets assume ONTX hits $3

>>17123564
Why do chinks pretend to have western names? Their family members do not call them by these names. They do have Chinese names but it as if they know westerners will not take then seriously if they heard them.
Personally I find it offensive that they demand we use their fake western name, as if they assume we should participate in the scammy theater show they have going on.

>>17123564
I'm going to have to see pictures of her feet before I make any formal decision on the matter
Show me them feets Eunice

>>17123575
Maybe 90% of the world's electronics shouldn't all be made in one city?

>Journalism

https://markets.businessinsider.com/news/stocks/reddit-trader-claims-make-millions-risky-tesla-call-options-wallstreetbets-2020-2-1028880892

How high will SPY open up at tomorrow?

>>17123564
Shit... maybe I should've not bought SOXL today.
SOXS tomorrow!

>>17123575
Second chance at SOXL cheapies.

Nice

heh, I make shit a year. It's no secret. I make a shit 27k a year and that's before taxes and shit is sucked out to boot. So to make 18k or more in one large lump is pretty sweet. Hell if I made 36k in one lump I could basically just not work at all for one whole damn year and still have money left over. The bliss.. Of doing nothing except what I wanted and not giving a shit about how to pay the bills for one whole damn year. Soon in 12 years or less I'll be in bliss for not one year but several (till I die at any rate) cause that's when my retirement date hits.

>>17123707
>Shit... maybe I should've not bought SOXL today.
If there's anything to this and SOXL starts falling just buy more while things shake out. You'll make a mint on the way back up and it'll be a lot easier than trying to time the market. We're talking about semiconductors here, the 1st or 2nd most important sector to the economy and the sector that contributes the most to US GDP. It'll come back faster than you think. Trade the chart not the news

What’s the absolute best book on trading stocks?

>>17120218
>>17120388
>12.3% increase in three days
>OH MY GOD IT'S HAPPENING!!!!
the absolute STATE of cryptokikes

>>17123725
What are you referring to?

>>17123430
>In this case, lets assume ONTX hits $3
yay, more arithmefanfic

>>17123758
In my opinion it's a tossup between Market Wizards[0] by Jack Schwager and Reminiscences of a Stock Operator[1]
[0]https://www.pdfdrive.com/market-wizards-interviews-with-top-traders-e158247678.html
[1]https://www.pdfdrive.com/reminiscences-of-a-stock-operator-e33413388.html

How do algos using High frequency trading help make money for companies? Surely the fees on transactions make it not worth using algos??

>>17123904
Firms that trade in the millions and billions of dollars and shares don't pay the same rates per trade that retail traders do.

>>17123094
Join me on the Deutsche Bank ride to the stars. Still have time to accumulate.

>tfw up 35% on stock
>tfw up 150% on a stack of January 2021 $20 calls acquired months ago

>>17123931
So what the fuck do the people even do nowadays?

>>17123934
just about every stock months ago is up that much

>>17123934
i dunno, looks like an aberration and they don't seem to have any good news in the pipe as the european central bank is being a cunt

>>17123564
How is this bearish? What am no seeing?

>>17123625
Never understood this either. FFS, have some pride in your identity.

>>17123575
>>17124015

>>17124015
>What am no seeing?
this >>17123575

>>17123241
I was a stupid ass cunt for not investing in TSLA. I should have realized it was never about TSLA. It was about Elon Musk. When you invest in TSLA, you are investing in Elon Musk. And when you invest in a great man you will never lose, no matter how unsure the value of the company itself seems at that time.

>>17123725
>>17123725
Learn about "The Wheel" method to trading options. It's a great way to build up your account. Cheer up boomer.

>>17124084
>I was a stupid ass cunt for not investing in TSLA. I should have realized it was never about TSLA. It was about Elon Musk. When you invest in TSLA, you are investing in Elon Musk. And when you invest in a great man you will never lose, no matter how unsure the value of the company itself seems at that time.
Some would have you believe there are no "great men", that we are merely products of those around us and that anybody could have filled his shoes. Fools

Tesla is going to go back down to ~575 tomorrow. Screencap this post.

>>17124084
Start stacking tsla you bitch. It’s consolidating now, but I bet your faggoty flea sized attention span will forget cuz you inner strength and will power is literally nonexistent.

good night frens. Remember, trade the chart not the news. Buy SOXL. It goes down, buy more. It keeps going down roll your shares into SOXX options. It keeps going down, roll the options out until the inevitable rise. When that starts, rest easy as multi-millionaire status is assured

>>17124138
>He thinks it's going to drop 23% in a single day without a major negative news.

You better be ready to apologize to us when this doesn't happen.
>>17124190
Night fren.

>>17124138
It'll oscillate around $730.

Don't screencap this post.

Thinking on an AMD strangle

>>17124208

>>17124232

>>17124232

>>17122950
Best way to learn is just try a bit, with CASH not margin. Small positions on cheaper stocks. Then you can see how u go up and down and what length expiry dates your risk tolerance can handle. 4-6 months out is generally best risk/reward for researched positions, although on some stocks it’s better further out.

You can make money buying super risky contracts too (weeklies- zero days) for instance, buy $0.03 contracts expiring the next day, and if something crazy happens u make a shitton of money, but thats enteribg gambling territory. THAT’s how people made like $15,000 off of $150 bets on Tesla last week, because they were buying shit like that.

>>17124320
>You can make money buying super risky contracts too
Made a goodly amount on GILD contracts this week B)

>>17124208
it will, but not before pumping at least 7% in the first couple hours of market open tomorrow

>>17120363
Kgc

>>17120511
The being dip I see occurring will be similar to the one we saw in late 2018. It will last as long as that one did and we will carry on.

>>17120511
post puts

>>17122261
Maybe I'll just buy more Berkshire?

I should've bought more of that and Regeneron...

>>17123746
Just the other day you suggested owning both SOXS and SOXL!!

Weeeew. I'm going over the days price action on my stuff just now and noticed I came within one cent, 1 (ONE) single penny of being stopped out on BRP dune buggy and seadoo company today. It's been at least a year since that last happened. It rallied slightly in to close so there's a chance the dune buggy ride will continue tomorrow. If not no biggy, it has been a nice trade for an easy +10% minimum (unless gap down).

Does technical anyalisis help with crypto??

>>17121597
Doubt

linky 1000 end of year

>>17124598

>Does drawing a line beyond the current date going up or down actually predict the future value of a stock?

The answer is either no, or 50% of the time.

>>17124598
TA can work on anything if you put together a strategy tuned to it. I recommend against using stuff like trend lines for crypto though. It's too spazzy and rarely adheres to those in a helpful way. Pull up the BTC chart and scroll back a ways, put some indicators on the chart, compare and contrast what they said around pivotal points and what the chart proceeded to do from there. If the indicator is obviously way the hell off base giving buy and sell signals at terrible times, dump it and try another.

Alright, since there are no cheapies that are all that good that I don't already own, let's look at some other stuff.

How about Golden Crosses? Have there been any good bullish indicators lately?

>>17124698
>Golden Crosses?
You can search for those on finviz like so:
>screener
>technical tab
>click on the 50 day simple moving average tab
>select 'SMA50 crossed SMA200 above'
And there you have a list of stocks that recently completed a golden cross.

>>17124725
thanks bud
I was on finviz right then looking for that, thinking about how I should use that site more often.

>>17124725
on the list
>Direxion Daily Natural Gas Related Bear 3X Shares
fugggggg

>>17124746
Yep. Top 3 market cap US stocks with recent golden cross:
>Amazon
>Netflix
>Paypal

>>17124768
lol

Remember to buy Ford while it is very very cheap.

>>17124798
top kek

one day the world will know, that XOM was a good buy

Cross on Alteryx, which I hear good things about. Double top is I guess bad...

>>17124842
You didn't sell on Wednesday
0_0

>>17124857
selling is for bears

>>17124857
Im about to capture a fat dividend next week with a side order of Capital return

suggest me one crazy LEAP to speculate on to Bank hard. I wanna trow into the rubbish 1'000$ with the odd to transform into 100'000$
Put or call doesn't matter. LEAPS on biotech

>>17124848
it's not properly a double top cause it didn't set exactley on the same level of the previous high

Hey guys, what’s this chart pattern called?

(AHAHAHAHAHA WOW I feel horrible for anyone invested in this but DAMN they haven’t traded this low since May 2018. They’re now back to only 18% above IPO price)

>>17125055
40% in one day... cup and handle?

>>17125055
Loss of enthusiasm. Trouble. Possible reversal setup? Nope, bad news get fucked. Dead.

>>17123505

Tblt swinging hard into the end of the month

>>17125067
That would be one steep cup.

Funko warned Q4 would be ass, so it's probably a longer term devaluation of the stock.

https://www.reuters.com/article/us-china-health-lng-cnooc-idUSKBN2000UN

UNG bros we’re in for pain

>>17125649
It's just going to suppress the price for a little while. This isn't breaking news, by the way. Reports this were out earlier around 12 hours ago. Last week China reported that they would distribute force majeure certificates for this purpose which caused the price to drop preemptively. It explains that in your article also:
>A Chinese international trade promotion agency said last week it would offer force majeure certificates to companies struggling with the fallout from the epidemic to give to their overseas partners.

US prices remain stuck in a tight range between 1.85 and 1.88 at the moment.

Will Oxford Biomedica make me a millionaire, lads?

>>17121256
Even my asian shares still went up today, as they did most of the week even with the media pumping bullshit 24/7. Factories/warehouses that were closed for precaution reopen on monday. Also, the biggest cash injection in recent chinese history into the market.

it's over, give it a rest. No one is stopping the golden bull.

>>17123746
I just wanna add: Over the coronachan scare I panic sold SMIC, a chinese semiconductor company. I did because of a sharp drop and it was my latest buy. Guess what, it was the ONLY chink stonk I had in my watchlist (I have a lot) that recovered almost instantly and it's back to ATH.
Face it,
>semiconductorspasta.jpg


>>17124138
I don't know. I can't see a huge crash or dip incoming, there's way too much s o y bucks buying into the hype still.

>>17125716
Cute witch

Yeah I posted prematurely. I had no idea how this force majestic thing worked. Looks like It’s the chinese companies trying to wriggle their way out of agreements that has them buying lng at well above present spot price.

https://www.reuters.com/article/us-china-health-total-idUSKBN2001XQ

>>17120474
>"bought one share" lol
>not buying options

So I'm completely new to the stock market and I'm trying my best to learn. Am I doing okay so far guys?

>ACB announces they fucked up
>Drop 5%
>OGI is a good company and could take market shares off them
>Drops 7% simply by beeing in the same industry
k

>>17126293
clown fiesta

>>17126307
I could take a drop, you know. Happens
But losing more than the company that got wrecked is just dump. Like Airbus dropping 10% when Boeing flies the next plane into a tree.

>>17123565
low volume when going flat? what does this mean?

>>17125148
What makes you say that?

>>17123430
>ONTX announces complete fuck up
>Life savings gone
>Only thing over .20 will be that .45 ACP in the gun on wednesday

Excluding all the death and political disruption, how bad will Corona-chan impact supply-chains in the coming weeks?
A car manufacturer's stock for instance shouldn't be allowed to keep going up once they run out of crucial parts to make their cars, right? I'm just asking because at this point nothing would surprise me, this market is fucking absurd.

pop quiz hot shot!
Tomorrow is TSLA going to:
A) hard dump to 650
B) soft dump to 715 before pump to 780 and bear back down to 725 eod
C) hard pump to 830
D) do nothing

Well surely once job number come out and beat expectations we'll get back to ATH. I remember reading here that Corona Virus is nothing and cash is trash.

>>17126761
live stream it

>buy $500 of a hyped meme stock
>buy at $0.19
>goes to $0.24 a few days later
>not long after they announce a capital raise, for both institutional and retail investors
>get the option to buy through my broker at $0.185 a share, in specific amounts ($2k, 5k, 10k, etc)
>pick the smallest amount (2k) since i dont have much
>sell the stock i have at $0.27 a share and just buy into the capital raise
>tfw company announces that the share buy program is "over funded" and everyone who applied for it will only get roughly 10% of the amount they applied for
>share price goes to $0.32 on this news
>mfw will get little to nothing from this and lost potential gains from playing it safe

between buying a dude weed at the top of a dead cat bounce and a micro cap mining explorer that lost its joint venture partnership with a mega cap miner, i think im learning shit from my mistakes. i think.

Do you guys think TSLA will pump today?

>TSLA 666€
is this a sign?

>it's another anon tries to decide whether to stay up for market open or squeeze in a couple hours of sleep episode

>>17127176
for the first few hours yeah, i think it will go 780 minimum before bearing down before the weekend

>nCoV fears increase, market slips
>next day, nCoV fears subside, market goes up
>next day, nCoV fears increase again, market slips

THE RIDE NEVER ENDS HAHAHAHAHA

ARE YOU AFRAID OR NOT FUCKING PICK A SIDE ALREADY REEEEEEEEEEEEEEEE~

>OGI
NOOOO, IT'S NOT FAIR

>>17127136
you'd honestly be a lot happier and wealthier if you'd just stop trying to play meme penny stocks entirely and focused on learning proper fundamental and technical analysis strategies instead.

honestly i feel day trading is the only way to be truly safe with trading and you can probably just ignore FA entirely. stocks basically never gap significantly intraday so your stop losses protect you compared to holding over night, and if i want to know the long term price and volume trends i can just look at the daily chart to get an idea for the long term trend for any given stock (whether it's trending up, down, or ranging). sprinkle in a bit of morning news like people are afraid or not afraid of nCoV and you're good. hell, you don't even need to know anything about that either, all you have to do is look at the /ES (S&P 500 futures) to see how the market is feeling in general on any given day. like, futures are down today so you'd want to be looking for shorts, but if the /ES takes off to the upside in the morning you'd want to look for stocks that follow the market and look for longs, look for synergistic plays.

basically, the more and more i study this stuff the more i believe everything truly is reflected in the price action. your main goal should just be to avoid the major news events which can spike price unpredictably, and only trade the other 99% of the time when price moves much more predictably.

>>17120104
When I went to sleep yesterday everything was green.
Woke up today and everything is red.

"Captain's Log, we have arrived at system SNS-621 to invite the Sunesians into the Federation..."

>>17127402
That... that was not the right Star Trek gif.

>>17121522
my feelings tell me its acutally a save bet right now...but on the other hands: why doesnt it frkn rise right now? isnt that shit obvious as hell atm. why isnt everyone going ham on this?

>>17127402
Uh...okay time to sell.

>>17127413
Freudian slip?

got a baaaaaad feeling about this one bros.
got in at 737, this shit better not dump

memes?

>>17120483
>(PENN)
shit name
why should this have normie fomo?

>>17127117
I did not mean myself obviously. Im not a tard

What's in your portfolio guys? For me it's
>V
>SQ
>MSFT
>AMD
all of them long calls

Should have bought more UBER
Only got 100€ worth of calls as a joke.

What should I invest 20k in today?

>>17127514
welcome to the watchlist

Ok i'm a total newbie, i've lurked and read most of the general FAQ links. The main issue is that i'm french and idk what broker to use.
If there is any french fellow here, how bad are bank brokers and are shit like SICAV worth it ? and how good is your broker ?

how long does AAPL tv really have?

>>17127590
Frenchfag here, I have no idea what i'm doing but i'm making pretty decent profits on degiro (up 20% on a 1000€ total investment after trading for about two weeks).
the other option could be etoro but I was turned off by the funds withdrawal fees.
Degiro does have some transaction fees but they are around 50cs so it's really manageable.

>>17127538
Long calls for MSFT, Lockheed, AMZN, Baba, Google.

Also OGI (Fuck), SOXL, and a few ONTX shares to sell on tuesday. Also bought some Refr because they have a big year ahead of them.

A lot of gold as well as insurance.
>>17127577
To be frank, I am probably on several.
Which caused some minor inconviniences in the past.

>>17127611
Nice, i'll check it out thanks

>>17127488
How can one be so stupid lmao

>>17127670
it's not as bearish as it looks.

>>17127488
>betting TSLA on friday

>>17127699
nothing wrong with TSLA fridays historically.

Holy shit I found something CRAZY profitable guys. Warrants.

>>171238780
Are these good if you are still inexperienced and don't really have any real plan in place? Been kinda fucking up a lot lately

>>17127386
i work and live on the other side of the world so doing "day trading" on the US markets when it opens midnight here isnt really an option given that i work full time. whats the go with /ES, does it start trading early in the day or something? usually see it get mentioned a lot here before the market open.

>>17121216
Taco Bell employee detected.

g-guys, p-please tell me its g-g-g-g-g-going to be o-o-o-o-o-o-o-o-k, i hold a big ACB position

>>17127772
why?

>>17127538
VOO, VTI, VNQ, VBR, VEU and a minute amount of AGG

>>17127811
i played the reversal bounce which seemed to have some promise until i listened to the conference call yesterday after they halted trading and realized what a FUCK SHOW this company is. FUCK.

>the rate things are going my $1 SNSS calls will be ITM soon


Comfy.

>>17127772
Unironically, ACB might get a nice pump if they hire a CEO known for turning a company around. That + job cuts are bullish for a stock, might take time though

>>17127818
care to elaborate on the conference call?
what was it about it that made you blackpilled?

>>17127772
ouch

OMG futures are fucking red... This is beyond hope... I can't just sit here and lose all my shekels one by one. I must do everything I can to protect them and short everything at once.

>>17127848
revenue stagnant, and are forecasting no increase in the next 2Q. company running out of cash end of march. good will write downs. denmark/US markets are seeing slower progress than "they" expected.

>>17127772
Thanks to them OGI dropped as well.
Fuck them.

>>17127870
y-yeah im thinking i should pre-lube my ass up before markets open

>>17127885
>he doesn't prelubicate every morning as a basic precaution

NGMI

>>17120560
>Wuflu adds
what is wflu?

>>17127890
im used to some foreplay like just the tip, but this morning i already know im getting fucked balls deep

>>17127415
>but on the other hands: why doesnt it frkn rise right now?
maybe because competitors ae better?

>>17127885
hey i'll burn with you holding this TSLA rock waiting for one little pump in early market that might not come. don't know what to hold over the weekend. might watch for a big dip in the SDGR ipo day 2, might even hold an APT dip over the weekend for old time's sake and hype myself in /cvg/ threads
fomo'd a few times this week and paid the price, will be good for reflection over the weekend to get my head straight.

wait why are futures down
I thought we outlawed that

>>17127929
we can hold each others hands while getting fucked

>>17127739
Meant for
>>17123878

>>17127772
anon why did you do this nooo

>>17127934
Powell's printer broke, and the only replacement parts are made in china. It's going to be bad until the corona virus situation works its way throughout the world.

>>17127934
>futures down
>bears at every corner
>weekend with some possible bad news with china/shenzhen
almost thinking of holding SQQQ this weekend honestly

>>17127962
my entry was around 2.40 initially and bought up to 2.65 and was going to play it until 3.40 or so. but these cocksuckers really managed to fuck it up.

>>17127974
weekend is a long time
if VIX wasn't already at 15.20 it would be an easy choice
I don't really know what to do here.

>>17127971
that makes sense to me
they weren't able to get the backup printer started?

canadian markets also closed so they cant dump it yet... 930 going to be a blood bath once the leafs start unloading it further down

>>17127995
don't worry about that
Trudeau outlawed anyone on the Candian exchanges from selling dudeweed stocks and will be injecting 50 Trillion CAD (approximately $200 USD) to keep them from dumping too much

>>17127993
We've been on the backup since the last time it broke during the trade war.

>>17127616
>Also OGI (Fuck)
why OGI

>>17125055
damn i shorted FNKO a while ago around 20 but didnt have the patience to hold it this long

>>17128009
>50 Trillion CAD (approximately $200 USD)
topkek

>>17128009
F-F-FUCK justin truduea that complete and utter faggot. its his fucking fault im down money. he fucking legalized this bullshit, i couldve been in a safe investment but instead im risking my capital on some meme plant that i can grow in my own house and re-sell at a fraction of the costs these idiots are doing it for. FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU

>>17128021
Not him but OGI is actually profitable.

Futures just got a high volume pump, algos reacting to something

>>17128060
Nah no news, turns out we just had to hit the printer with a hammer.

>>17126257
Your free stock makes it very misleading.

>>17128064
>Futures rising after jobs report beats

good jobs report, fuck yeah Trump

>>17127882
>Thanks to them OGI dropped as well.
why?

>>17128060
Jobs data

>>17128081
because the cannabis sector is infantile still and any news across the sector has a play on others in the sector as well.

>U.S NONFARM PAYROLLS (JAN) ACTUAL: 225K VS 145K PREVIOUS; EST 165K
>U.S UNEMPLOYMENT RATE (JAN) ACTUAL: 3.6% VS 3.5% PREVIOUS; EST 3.5%
>U.S PRIVATE NONFARM PAYROLLS (JAN): 206K VS 139K PREVIOUS; EST 155K
>U.S AVERAGE HOURLY EARNINGS (MOM) (JAN): 0.2% VS 0.1% PREVIOUS; EST 0.3%
Recession btw, believe the media

>>17127929
TSLA is the most ridiculous because analysts won't even treat it like an auto stock, they seem desperate to try to bring down the price to protect their investments in other stocks and the oil industry. They're deliberately suppressing the stock price with made up targets like with Morgan Stanley's $10 a share "bear case".

Even ignoring most of the differences between Tesla and other auto manufacturers and their energy business, Tesla is on track to produce almost a million cars a year within two years at a gross margin twice that of anyone else. They can do this building any more factories. Toyota produces nine million but has double the market cap, so Tesla would have to produce just 2.5 million to justify their current market cap in this metric. Is there anyone that thinks Tesla will not do this relatively quickly even with everything going wrong for them? Auto manufacturing has always been demand limited. Production is the easy part and the other companies have declining sales.

what are the odds of some major disruption to asian markets occurring over the weekend such that global markets will take a dip?
feels pretty high. with all the news that is no doubt being purposely withheld until tomorrow after market close just feels bad.
i'm going all in on the deepest dip i can find on the SQQQ tomorrow.
i really don't think the chinese are going to make their Feb 10th date for opening business back up

>>17128064
>>17128076
>>17128077
The Golden Bull Run continues frens.

225,000 new jobs beats the 164,000 forcasted. somehow unemployment ticked up a tenth of a percent though.

OH GOD DAMN IT!!! THE PRINTER IS NOW WORKING IN REVERSE AND UN-PRINTING MONEY!!! SHUT IT DOWN!!!!

>>17128099
>Feb10th

Different industries are setting different target dates was my understanding of it. There's no doubt going to be some sort of dip caused by the supply chain disruptions.

>Qualcomm is Under Antitrust Investigation in Europe Over Its 5G Chips
>AMD with small 2% slump.

Tasty SOXL dip incoming??

>>17128110
i was just going off of this CNBC report which is old but was all i really heard of it

>>17128021
Profitable company. And with all the other weed companies going down they will get even more demand I hope.
>>17128081
Ogi dropped actually further than ACB.
>Why?
Because people are idiots. They see ACB failing and think OGI will do the same instead of seeing the possibilities for OGI now.
Imagine Boeing announcing they will need to ground all flights for a year and Airbus dropping harder than them, because they also build planes. Would Airbus face problems now? No. They would actually sell more since noone would order from Boeing.

OGI is a stock I will hold till the summer when all the farms are running and the new products are out, so its not too bad for me.
But I also like seeing green at the end of each day.

>>17128099
It depends if after monday the quarantine continues or everything is back to normal (which would be retarded imho).

They better dump it more before the open, fill up the longs.. including my long

>>17128134
just think of all the footage as people emerge from their quarantined apartments, pry off the weldings on their door, and go back to work

>S&P down
>Gold down
>Oil down
Will be a crab day I guess

>>17128092
ECONOMY FAILING SELL SELL SELL REEE DRUMPF. ECONOMY DOESN'T WORK FOR EVERYONE ONLY THE MEGA RICH.

>>17128101
would assume it's from workforce growth.

>>17128128
I gotcha, well I'd agree that target date is going to be iffy. The big meme factor for the virus was that it happened during period of high travel volume with their New Year holiday. Companies will have to determine where all their little drones went and make the call whether to quarantine them or not. I'm not a doomer on the virus by any means, but more turbulence is inevitable before the warmer months kill off the virus.

>>17128150
>ECONOMY DOESN'T WORK FOR EVERYONE ONLY THE PEOPLE WHO PUT IN WORK.
ftfy

>>17128123
>>17123564
>>17123575

>>17128162
yeah i either want juicy dips or for it to fuck off, and it's kind of in this weird half way point right now.
don't think it's apocalyptic, at least not for western countries at all getting infected. though i think it still maintains some potential to cause yet another full stop to the chinese machine if they sound the all clear and shit comes crashing down in the days following.
that and trump seems pretty clear in his intention to give the chinese the rope to hang themselves with. his phone call with Xi was just 100% stroking their ego and how good their doing and how they'll overcome it, which with chinese pride will cause them to isolate themselves further as they won't want to admit they've lost control and need help.
and so, fingers crossed, they rot from the inside and are forced to hold a big shit eating grin of communist power and dedication as their masses expire in the street but they cover it up

morning frens

>>17128147
Nah they are just dumping futures to stop people out in this range before the market opens up and obviously re-fill their longs. Guaranteed

>>17127600
that poster can't be real

>>17128214
>stayed up all night again

>>17128206
We need a global coalition to send our finest to liberate these chinese death camps and bring corona-chan around the world.

>>17128214
good mornin fren did u get a good sleep before another action packed day in the markets

haha time to dca...

>>17128166
Yeah trust me I know. Growing up white upper-middle class and seeing my peers complain that they're somehow oppressed was honestly one of the strangest things in my life. Like it's bizzare that these fags born with silver spoons are the little commie shits. Shit like "waaahh college is too expensive even though i'm going to a private 50k/yr school with daddy paying for half of it and getting a degree in jounalism.

>>17128235
no we need to contain it to china, let it do its work, then straight colonize that shit and strand their population in work programs to pay off their debt at us bailing them out.
and just like that, another american century.
space will be irrevocably ours.

>>17128256
Based.

arent there leading indicators throughout the month that tell you what the nonfarm payroll is going to be? thought there was an indicator that was released weekly leading up to it

also what sectors are sensitive to the release of such data?

>>17128100
checked. It truly is unstoppable

redpill me on the current state of pot stocks
pls

>GLD hedge

>>17128287
its a fucking shit show thats what. wait until after earnings reports before considering to get in.

>>17128287
Going into the sinker. Wont be profitable until federally legal and they can put all that cash into the federal banking system.

>>17128287
canopy is for actual retards
ogi is the new weedmeme, tyvm
plnhf is muh wildcard

>>17128304
I went all in 2 days ago. It felt like a bad idea, but then I thought, if it feels like a bad idea then it might be a good idea. Turns out it was a bad idea

>>17128287
I haven't done my due dilligence on the industry so just talking out of my ass here.. but I don't see it growing at all until more states legalize or it is legalized at federal level, thus opening up the floodgates of demand.

>>17128314
i know the feeling broski

>>17128287
the moon mission starts tonight
Biden will light up a fatt joint on stage at the demmy debates to try to appeal to young voters.
all the democratic candidates will promise to make weed "ultra-legal" and sell it in high schools.
A bunch of incompetent Canadian companies run by buffoons will suddenly announce partnerships with huge conglomerates and become massively profitable .
it's weed time baby

>>17128323
I'll be ok :)

>>17128339
pls fren i cant take that much hopium it might kill me if it doesnt come true

comfy place to be premarket, getting in at 737 yesterday.
we're gonna be alright frens, we just have to believe in ourselves

OP you baked this bread wrong. Sonofabitch.

NEW
>>17128356
NEW
>>17128356
NEW
>>17128356
NEW
>>17128356

>>17127697
>>17127488
>>17127670

you wanted to get in at $700 or $650. not terrible but the $700 mark as a strong support for price to bounce off of is pretty obvious if you look at the chart.

>>17128100
checked. AMD to $60!

>>17127271
>i think it will go 780 minimum
based on what?

>>17127905
competitors like?

>>17128095
>Tesla is on track to produce almost a million cars
expensive cars so no one will buy

>>17129038
The base model 3 is only $4,000 than the average car selling price. There's more demand for Tesla than any other vehicle and EVs are only 2% of the global car market.

>>17128879
do they have no competitors? How is this possible?

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN