/biz/ - Business & Finance

first for Tuesday rally

Savanon, GALT is marked as strongly sold, I’m scared man.

>>17421742
Buy Amazon!

>>17421631
Wait what why is that a bad thing for household wealth to be rising in relation to gdp over time especially at a time when household savings as a portion of income are rising as well?

>>17421753
Fucking a... how much harder does it have to fall before it reaches the point when you could’ve bought in back then?

>he isn’t buying cheap puts on SQQQ and UVXY with expirations months away
It’s free money. Even it you’re bearish long term, just flip them on the first green day

I think tomorrow might be one of the biggest bull traps we see in the last years
Everyone seems to be buying the dip and think the corona and China problem have been solved in these last few hours

>>17421753
Only thing I have right now is a small stack of Nikkei Puts I could not sell somehow.
Will sell that tomorrow and wait

>>17421784
GALT is practically rock bottom already though.

>>17421777
I capitulated and sold numerous things for sqqq and now i'm regretting it

>>17421809
As Peter Lynch famously said:
“Once a stock has fallen very far, it definitely cannot go any lower”

MY FUCKING MONEY!!! STUPID VIRUS.

>WASHINGTON, Feb 24 (Reuters) - The Trump administration is sending to the U.S. Congress a budget request for $2.5 billion to fight coronavirus, the White House said on Monday.

>More than $1 billion of the money would go toward developing a vaccine, the White House said.

>all these boomers that are going to get gutted int he recession

Everything is going to be great

Unless you're a nico poster, then you will perish in the coming days

>>17421815
>I capitulated and sold numerous things for sqqq and now i'm regretting it
Thank you for your service

DOW will bottom at ~19600 (28k * 0.70)
SP5000 will bottom at ~2200 (3,259 * 0.70)

We are currently at 500% household wealth vs GDP and should be closer to 350%. So 350/500 = 0.7

>>17421855
imagine being this delusional

>bought a vix put option at open

am i the biggest fucking idiot in this general?

>>17421855

>monkey picking a bottom

>>17421855
Literally will never occur. The market finds your "should" shit irrelevant.

Markets are going up tommorow, odds post number to confirm.

>buy the top of an inverse etf with options when the market is at the bottom
yeah, you guys are pretty fucking stupid

My investing has a predictable pattern: I slowly build up to 15 or 20% gained, then fuck it up and lose everything in two or three days when the market flash dumps and I overcompensate trying to do bearish things.

>>17421815
You shouldn't. We're a long long way from the bottom

I'm in a rut...

that so?

Today felt like babby's first shakeout, kek. I saw a lot of pink wojaks today so I can only assume that all of the zoomers liquidated everything at a loss.

>>17421904
Stop changing strategies so much.
Don’t take losses, hold long if you need to.
Have some money in “safe” dividend yielding assets like a bond index. You can do REITs and BDCs if you wanna be less safe.

>>17421929
>some shitcoin moves 3%
>60 threads about it
/biz/ is just a retard board full of neets hoping something happens

>>17421777
Didn't even realize I got triple 7s on this.

It really will be a Tuesday rally. Rejoice, Bullchads. Losses will be erased.

>>17421929
all the zoomers bought options in the opposite direction after taking losses, it's phenomenal really

>>17421885
So long as the expiration is 2-3 weeks away, you will make money. You might be one of the smartest.

Imagine if bernie wins the nomination, the fed stops their repo bullshit, & americans start dying from coronachan, all around the same time. Could be the perfect storm

>>17421825
How very astute of him.

>>17421896
>We're half a perfect off the ATHs in a bubble heading for a global recession, we've hit the bottom! Corona has definitely been priced-in now! buy buy buy!!1

NOOO NOT MY HECKING STONKERINOOSS

>>17421883
>>17421886
>>17421887
You will be laughed at for eternity in my post-recession screenshot collection. May God have mercy on your soul

u mirin?

>>17421973

Why did Visa dip hard AH?

>not buying $10K SQQQ and $10K TQQQ
THE ULTIMATE HEDGE.

>>17421855
SARS resulted in a 10% market correction

15% would be the far end of the correction for this event

>>17421929
when we hit the bottom you will recognize these zoomers were correct. smart money pulled out a month ago at this same price

THE FUTURE IS BRIGHT!
BYE BYE BEARS LMAO!

>>17421929
Once people see stocks as basically risk-free money there is a problem and an active bubble coming.

>>17421995
Hmm, no Nikkei impacts on Dow futures.

thinkign of starting my own startup hedge fund.
trip names my firm

>>17421974

I'm agreeing there will be a recession. I'm just mocking you for being so confident of where the bottom is. Nobody knows that, and it can be much worse than your prediction.

>>17421887
Had an amazing day thanks to you buddy
Have some good scotch tonight you deserve it king

>>17421855
>trying to time the market
Retard alert

>>17421995
This just means nobody learned anything.
"Stocks going down 2% one day and going back 2% means corona and slow growth got priced in somewhere. BUY BUY"

I have no positions left right now so I do not gain money either way, but this just screams something is off with this market.

>>17422013
Because the Nikkei was closed yesterday... it gapped down from of the morning dip and futures are up 2%

>>17421992
I do not think coronavirus will be the reason for the recession, just the triggering event. 30% losses incoming for every boomer, minimum. Housing crash will follow in mid 2021

>>17422049
Ahh, makes sense.

>>17421995
Based. AMD calls please print by 3/20

>>17421995
They might just be filling the gap before the open tomorrow, this buy back is crazy good though. No doubt

>>17422045

>10 year bull market
>volatility spikes start
>mfw

All I need is to 8x in the next month and I'm all set for life.

>>17422014
Traps Emporium

>>17422045
The dip was pure FUD, thats what was off. Theres no fundamental reason stocks should crash right now. No credit issues, no defaults, nothing. People get sick all the time and business learn to cope.

>>17422068
>>17422045
buy and hold shit for 20 years you will be a multi millionaire if you are persistent

https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=2000&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&initialAmount=1000&annualOperation=1&annualAdjustment=2100&inflationAdjusted=true&annualPercentage=0.0&frequency=2&rebalanceType=3&absoluteDeviation=5.0&relativeDeviation=25.0&showYield=false&reinvestDividends=true&benchmark=VFINX&symbol1=QQQ&symbol2=PG&allocation2_2=10&allocation2_3=10&symbol3=JNJ&allocation3_3=10&symbol4=AWK&symbol5=AMT&allocation5_1=5&allocation5_2=10&allocation5_3=10&symbol6=UNP&allocation6_1=5&allocation6_2=10&allocation6_3=10&symbol7=VLO&allocation7_1=5&allocation7_2=10&allocation7_3=10&symbol8=BLK&allocation8_1=5&allocation8_2=10&allocation8_3=10&symbol9=CAT&allocation9_1=5&symbol10=WM&allocation10_1=5&symbol11=AAPL&allocation11_1=5&allocation11_2=10&allocation11_3=10&symbol12=T&allocation12_1=5&symbol13=KO&symbol14=DIS&allocation14_1=5&symbol15=INTC&allocation15_1=5&allocation15_3=10&symbol16=JPM&allocation16_1=5&symbol17=RGLD&allocation17_1=5&symbol18=KR&allocation18_1=5&symbol19=LMT&allocation19_1=5&allocation19_2=10&allocation19_3=10&symbol20=MCD&allocation20_1=5&symbol21=MRK&allocation21_1=5&allocation21_2=10&symbol22=MSFT&allocation22_1=5&symbol23=PAAS&allocation23_1=5&symbol24=MO&allocation24_1=5&allocation24_2=10&symbol25=SO&allocation25_1=5&allocation25_2=10&allocation25_3=10&symbol26=SBUX&symbol27=TGT&symbol28=TSN&symbol29=KL&symbol30=BP

>>17421962
Fed hasn't kicked in the actual QE, as opposed to current "not QE" policy, yet. You may see some stuff along these lines tomorrow and coming weeks to cool the panic a little. The repo situation is complicated and not exactly the same as conventional QE, which is why the joke is to call it "not QE". Calling crash right now is premature.

>>17422037


>pfffftt sppppttt bfffftttt

>thinking a 12 year bull market won't correct

>>17422022
My math is immaculate

>>17422037
>>trying to time the market
>Retard alert
I lived through 2008. I was extremely online at the time. I can smell a recession in the air. It's in every thread, every comments section. The greed and frivolity. Soundcloud rap, alt right, the new PC movement. All decadence. All will be washed clean and left to rot

>>17422014
Nigs R Us

>>17422062
this is actually kinda right. a stock sell off will mean uncertainty which will lead to less home transactions and more sellers looking to get out of the market, this will cause a fall in home prices, which will lead to less people being able to refinance their mortgages for lower rates/higher prices, and could cause a mass sell-off if people have to stop working because of CVD for a few weeks/month. CVD could actually be the triggering to a massive recession after we saw bubbles in almost everything.

>>17422062
God I hope a housing crash happens that would be amazing

>>17421987
Because we're in a fucking global recession.

Seriously, are you fuckers retarded? Even if this is no worse than seasonal flu, and every indication points to it at least a couple times worse, it's still an ADDITIONAL seasonal flu season. While markets are inflated to absurdly, and growth is slowing. If it's JUST flu2: electric flualoo it's STILL causing a fucking recession and a fucking 25-50% fall in the markets

SNSS is going down to .40

>>17422078
When Apple's means of production are delayed and directly affects their Q1 bottom line, that's pretty darn fundamental.

>>17421991
thats an advanced big brain move right there you better be careful giving out the secrets like that there boy

>>17422093

>he thinks the alt right exists outside of the media trying to scare people about invisible Nazis

>>17421995
Where my /bulls/ at? Who else didnt be a little bitch and seller everything? Bought more Tesla calls and amd calls.

>>17422076
feelsgoodman

>>17421742
Years later i will think of all the loser cucks on biz who bought the dip just for a chance at 5% gains.....hhahahahaha will you buy again at market close when your day gains go set back to zero??

>>17422107
Yea no shit. I'm asking why it dropped another 2% right at 5:45 EST, dumbass.

>>17422140
>tfw bought the dip
Easy money.

>>17422078
>People get sick all the time and business learn to cope.
China does not deliver shit right now and fucks up the supply chain of any company relying on Chinese products (as in every single one of them).
People act like Apple can get their iPhones out of thin air and MSFT does not need any cheap chips for their servers.

Anyone who thinks this has no effect is delusional and is probably just mad he lost a fuckton of money these past 5 days

Don't be mad, be glad of this dip the market has given you. Bag more of your favorite Funds on the cheap for all the more rewards you'll reap when the market rebounds earnestly.

>>17421800
Went with 3/20 $17 puts on SQQQ hope you're right.

>>17422100
>>17422100
>this is actually kinda right
>>17422103
>that would be amazing
To be honest I am just making shit up about this but I want a crash and I expect a crash. I pulled all my money out of an sp500 index fund a month ago because I felt the end was near. I might be wrong. I do want a recession so I can buy at the bottom, then buy a house afterwards with the same money + gains. time will tell

>>17419729
>>https://twitter.com/realDonaldTrump/status/1232058127740174339

TDA erases my percent gain once I close the position, but I got the 225 march puts last wednesday or thursday for $2 and sold them at $8 this morning. cool 400%

Also had an S&P e-mini future option, April 3100 put I bought for 15.75 Friday overnight, sold it today for 55

if you're not futing, you're not living bruh. get the fuck off that amateur hour RH shit and live a little

The amount of people here reminds me of the 2017 Bitcoin bubble

>>17422191

it turns out everything we were taught to believe was a lie, aint that the darnest thing?

>>17422078
>we're jus down a couple hundo billion in lost productivity bro, with a trillion or more to come bro, no reason for the markets to fall bro, just catch the falling knifes bro
Babbys first recession

>>17422184
no youre right. smart capital isnt in real estate anymore because its topped out and the gains arent there compared to the stock market doing 12%. only reason to buy real estate for an investor is good price appreciation and cap rate if theyre rentals. otherwise its a shit investment because youre paying a massive down payment + taxes, + maintenance fee's, etc., which all add up. If youre not in a location which has price appreciation you are better off renting and putting that down payment into an index fund and contributing monthly to it. so given how over priced real estate is now and the uncertainty in the economy, real estate will unironically suffer.

>>17421871
>What timeline are you guys feeling? I think mid summer when the virus is in full swing and we are not getting good financial number as a result of the scare. Also Bernie bros will larp us into the recession wiht their batshit policies.

I think you are all giving coronavirus too much credit. The market is looking like a giant bubble for a million reasons. coronavirus might just be the first dip where human catte start getting nervous so the big dogs know the charade is up and then cut and run

>>17422089
You can't print your way out of lost productivity. QE would just cause inflation in the current situation as companies aren't growing and dosh would flow to commodities

>>17422092
>Getting into the stock market in the last 12 years using new tech/apps/brokers
>Thinking the market hasn't had increased demand from the same tools that helped you start investing
>Thinking that demand will just suddenly vanish and crash the markets

Nigga wut

>>17422110
If dubs then true

The fact that everyone is calling for a recession, tells me it probably wont happen

Guys we should have parties where we all give each other the corona virus, so that we can get immune to it first and then we'll be able to get the good jobs once the economy starts back up.

>>17422160
Because it's going to fall even more, and someone with a fat sack got out with what they could

>>17422140
Vix Shorts gg Too Ez

>>17422214
based.
If there is a real recession, this is all a HUGE opportunity for millenials and zoomers. If you are young and "Having fun" and shit, when the market looks bleak as hell and everyone is worried about their job.... that is the time to buy buy buy, max out 401k, and get a mortgage if you dare.
This could be our window of redemption for missing out on the 12 year run... don't fuck it up guys

I know you have to apply for margin/short trading but is it normal to have to apply for options trading as well? I'm using Fidelity

Reminder: If you bought into Him in Dec 2018 at under $30 a share now you'd still be in the green and pulling a nice Fat Divvy at the same time. He's at 38 something now even with the China shit going on. Surrender to Him and the Fat Divvy. Let Him save you while you laugh at the China shit.

>>17422092
Idc I’ll just average down

>zoomers thinking their chance is coming

This is the most bullish indicator ive seen yet, you kids aint gettin a dime

>>17422114
>>17422167
>>17422200
Chinas importance on world economy is way overblown. How many times do you need to be shown they are completely fake and just steal money? Apple can make iPhones with or without China. Businesses may not have planned for corona, but they do plan for when situations go poorly and how to bounce back. You might even see China forced to do bailouts to keep businesses in China because of this, just like the US did during the last recession.

>>17422252
It would probably be a good idea to get it now when the hospital beds are available

>>17422264

Yeah I graduated college into the last recession and spent 5 years in bullshit minimum wagie shit. I have a nice job 10 years too late.

>>17422184
Why didn’t you buy puts then? I feel like it’s just lazy DD on your part to just pull money

If you’ve got the balls for a swing play tomorrow TBLT will be up big on ssr and er around the corner I don’t recommend holding long but it’s going to pump and if you want green get in. Party started after hours today.

>>17422267
Is Him a 3x bull Jesus Christ wtf??

>>17422291
except its not. 80% of drugs are made in chine. if china isnt producing we will go into a shortage of available meds. china is also cheap manufacturing, unless you want to pay 3k per every new iphone, you arent understanding the situation very well.

>>17422292
You don't need a hospital bed, the cure is like 2 days rest and a whole pot of chicken soup.

>>17422214
I’m not in real estate but I thought the point was to rent out property to tenants that and use their money to part the mortgage and build equity

>>17422265
Yes

coronavirus really is a meme. I'm nearly certain my entire family has it, but we're pretending it's "the flu" - the symptoms of coronavirus are: it's the flu, just that you can't vaccinate for it. that's it
The real bump is the Chinese overreaction to it. Truly insane. They should have just let it ride and gone to work. This blip would'nt be a problem in 2015, but now the bubble is so big the blip will pop it. The bubble is the real problem. The knee-jerk reaction to the pandemic is just the thing that reveals the charade. if they call this The Corona Crash or something, that would be smart, because the average person will remain ignorant of the true cause -- fed policy, boomer greed, and a hollowed-out zombie superpower called the USA

>>17422241
Literally this everyone’s 401ks are just going to keep pumping it

>>17422289
>This is the most bullish indicator ive seen yet, you kids aint gettin a dime
Watch what you say or I'll put Bernie in office and we will "liberate" a bit of your 401k

tomorrow is the day

>>17422315
yes and no. yes, if you can get real estate at a price at which rents would cover the mortgage payment + maintenance and taxes. no, because again you are setting aside substantial capital for a down payment (rental properties require 20% deposit), that can be used for better returns elsewhere. real estate is a meme right now, if you actually run the numbers you get from rentals vs putting that money into stocks and adding onto it monthly with compounding interest you will get MUCH better returns in the long run with stocks.

Let me see if I understand what happened:
>markets in the red today because oh fuck
>gold surges
>some cheeky bastard slams gold back down with tricks
>markets recover
>everything's fine™

>>17422308
>except its not. 80% of drugs are made in chine. if china isnt producing we will go into a shortage of available meds. china is also cheap manufacturing, unless you want to pay 3k per every new iphone, you arent understanding the situation very well.

In 4 months every single journalist, entertainer, and twitter bluecheck is going to be in SSRI, SNRI, and benzo withdrawals. Short all media stocks

>>17422350
Why would they slam gold down. Now especially?

>>17422315
>>17422347
real estate also is illiquid. if a sudden down turn happens your pretty much fucked. if a sudden down turn happens in stocks you have the ability to cash out almost instantly and hold your capital. real estate was a good investment about 10 years ago id say. if you look everywhere the prices have topped out.

Seems the virus is nearing the end of its course in china, while it will still hit new places hard

The point is its diffusing in china like any other flu after a couple months

>>17421944
Yeah, I don't understand that, very rarely is that a good idea from my experience.

>>17422366
the KGB sold 3 billion dollars of gold at once to fund a proxy war in africa

>>17422014
The Tax Evaders

>Trump was the chad with the gold bags

>>17422291
> Apple can make iPhones with or without China.
Are you retarded?
Do you know where most iPhones come from? From a place literally called "iPhone city", a complex near Shenzen, China.

>Businesses may not have planned for corona, but they do plan for when situations go poorly and how to bounce back.
Businesses today literally liquidated all storage facilities to make 0.5% more profits. Its called JIT and works really well as long as there is no problem.
Most manufacturers have pretty much nothing to guarantee a production after the last ship from China arrives though.
The journey to Europe takes around 30 days btw., so right about now the last things should arrive in Rotterdam, Hamburg and Antwerp.

>>17422356
Kek
You should short media stocks anyway

Literally anyone can make a website and high quality streams for <$1000

>>17422396
If trump had 3 billion anything he wouldn't have 15 failed businesses.

>>17421782
>moon runes up top
>flu runes in main pic
For what purpose?

>>17422291
>bro don't worry bro apple can just magic up iPhone factories bro, so what if 80% of pharma, 90% of consumer shit, and 99% of tech is manufactured in SE Asia bro we'll just manufacture it elsewhere bro will only take a decade or two to build the infrastructure and factories bro no sweat bro endless bullrun bro!

SNSS Anon what will you do once it (SNSS) hits your target price? Do you have another pick lined up and if so how will we know the signs?

401k advisor here AMA

If the market continues to trend downward for the next 3-4 days it may be a good idea to derisk and liquidate.

I suspect America is going to lose a loooot of money now that our companies can't sell due to material issues etc.

>>17422438
What's the riskiest shit you put in a standard 401k?

>>17422438
how big is your penor (no lying)

>>17422438
How do I get a loli gf

>>17422161
Is there a distro called OpenPepe? There ought to be if not.

>>17422438
Seconding >>17422482

>>17422438
how do you sleep at night after lying to people all day when buying the sp500 index is the only advice they need?

>>17422501
based

>SNSS up 100% this month
>my portfolio is up over 25% YTD mostly because of SNSS
>invincible in the face of coronameme

SNSS anon I've been saying this for months but you are the best.

>>17422344
It will be some kind of day for sure

>>17422466
>Weedfaggot being a typical faggot and inquiring about someone's penis size

>>17422308
>>17422397
>>17422418
>China is the only place where things are made!

>>17422548
Yes.

*checks futures*
Seems we've got another crop of bulls that still haven't learned their lesson. Get ready.

>>17422539
send me a dick pic faggot

the market only dips whenever Bobo LARPers stop posting

>>17422517
kek, I've got a 20.06 YTD return even with all this china shit happening. Must be doing something right.

>>17422557
The run never ends.

>>17422574
On Feb 10th I had a 31.89% rate.

>>17422557
Iran, korea, and Italy's entire extinction due to pandemic has been priced in today. Were back to aths within a week.

*warms up the grill*

>>17422536
I went in pretty hard on GORO while it was on sale and just barely managed to keep my green streak.

Going to try and hit the peak tomorrow then reenter later.

>>17422603
>>17422557
post your positions, stupid nigger

>>17422557
Spy will close above 328 tomorrow. It is written. Here. So it shall be. Do not underestimate the markets propensity to rise to surface like basketball held under water.

SELL SELL SELL EVERYTHING IS GOING TO END THE PONZI SCHEME IS OVER GET OUT NOW GET OUT NOW GET OUT NNNNNNNNNNNNNOOOOOOOOOOOOOOOOOOWWWWWWWWWWWWW

>>17422107
>>17422191
>>17422200
>>17422264

I'm not a stock bro but I'm trying to decide if I should sell. I have a mutual fund holding with Fidelity. I started with $5,000 in 2013, now it is up over $7,000. After reading the news I decided to check it today, thinking I would be insulated from the crash due to my diverse and very conservative/modest holdings. I found out my portfolio lost $200 today. That's not much in the grand scheme, but since this portfolio has only made me barely $2,000 in 7 years I'm thinking I should maybe sell it and do something else with the money.

Want to know the kicker? My dad gave me this money when I graduated from university in 2013 and told me I could invest it however I wanted to. I told my dad I wanted to put all $5k into Tesla stock. My dad laughed at me and called me stupid and instructed me towards conservative mutual fund holdings.

I also lost about $2k with crypto a couple years ago, so I'm thinking now's the time to sell for me. If we crash harder tomorrow I probably won't sell, but if I rally a little bit I think I might.

What would /biz/ advise?

>>17422463
gold/commodities but with a brokerage window you can do a lot worse. i have no control of assets inside those, but i make sure all my plans have them so people can destroy their own lives.
>>17422501
most people are too retarded to adjust their own allocations. i do put S&P500 indexes in all my plans along with total market/mid/small cap. you should be more worried about your company passing recordkeeping costs to you rather than investments because as a whole it's gotten a lot cheaper this last decade.

>>17422603
Get ready for the short squeeze tomorrow bobo, you cannot stop the economic recovery, otherwise where are you going to put your precious goy dollars? Into shiny rocks or digital bullshit?

>>17422548
>"Hello, Mr. Nguyen. We came to Vietnam because our factory in China, that took around 5 years to build and set up with working supply chains, is standing still. Now we need another 3 square mile complex to compensate. The factory should be finished by wednesday, the goods coming in the same day and workers like you trained and ready to work at full capacity on friday. No problem at all."

I wonder how Japan lost WW2 when they just needed to build more ships and get more oil. I mean how hard can that be? The US did it.

>>17422623
You were supposed to take profits today ya goofus.

>>17422603
i want to hug the bear

>>17421886
>Omae wa mou infecteru
I fuckkng love it.
>>17421929
I also like this picture v much

I got shaken out of my SVXY And UPRO at the open, which is embarrassing. Should’ve added.

Lots of pain today as people had gotten used to leveraging (usually bullish) as nearly fool proof.

I did some stupid buying and stupid selling, overtraded as usual. Ah well.

>>17422627
Price in your risk.

Is the risk you might potentially be exposed to worth the amount of gains you could accumulate by staying in?

If the market goes read for more than 38% (pulled that number out of my you know what) of the week that might be a tell tale sign to sell. It means the market is sketched right now and there will either be a sell off or a buy back depending on future news.

>>17421742
What do you guys think of Pfizer?

My basic thesis behind why it's a good buy;

>4.3% dividend
>Only a 12.45 P/E ratio
>demand on US pharma companies is going to be much higher with the entire SE asia supply chain fucked

Am I overlooking something?

>>17422627
i hope you realize just how hard you got fleeced, bent over and fucked. if you threw that money into an index fund you wouldve 3-4x'd your money. instead you made 2k lol.

Futures: up .89%
VXX: down to buttorfly zone

>>17421987
Either because someone else bought some payments company or because MasterCard warned that they would not make this quarter’s guidance.

I bought, probably too early but MA and V are winners in my book

Somehow... Cramer’s club knew to take profits in MA last week...

>>17422627
If you'd dumped more into it each month from 2013 till now you'd be up a hell of a lot more than 2,000. What you saw was just drip and gains working for you. Like you said, it did it's job protecting you from taking a big hit, now you need to do yours and keep feeding it each month. Now that shit is down in the dumps this is a perfect time as any to feed it nice and fat to make up for those lost 7 years.

>>17422087
>last performance guarantees future results
I like that port though. Mostly.

>>17422695
Hope everyone got ready for the big V

>>17422137
Alt right totally exists. It’s just millennials and zoomer Republicans.

Alt = too young to buy into all the boomer bullshit

>mfw I thought I lost it all by buying AMD 2/28 calls on Thursday
>mfw the whole market rallies and AMD hits 70

COLD and PEAK and MAA are real safe long term holds

Change my mind

>>17422733
>whats a bull trap

How do you stop getting emotionally involved in your trades and not risking everything but not getting devastated by huge losses? I want to get into options trading but even just seeing the red arrows on your normal stocks is depressing

>>17422733
I want what youre smoking

>>17422733
>2/28
Im sorry anon, those died last month.

>>17422751
If you're emotional just use acorns or whatever and deposit a portion of your income into that every week.

OH NO NO NO
BULL BROS WE GOT TOO COCKY

>>17422751
buy puts my friend

>>17422696
I'm bumming I bought V too early as well, but it has one of the most beautiful charts out there.

>>17422723
>Recession priced in boys! Full steam ahead!

Buy leveraged ETFs on the dips. The bull market isn't over.

>>17422678
>demand on US pharma companies is going to be much higher with the entire SE asia supply chain fucked
I’m not sure that’s a good thing. I believe most of pharma has chemicals, components, and manufacturing coming from China or involving China at some stage.

I was looking at it today though and boy does it trade like a dog. It’s on sale but so is MRK.

>>17418069
Dunno if this guy is still around but it's from "Crossed" a comic series centered around the outbreak of an apocalyptic virus that causes madness (manic violence and sex) and a cross shaped rash on the face, and the people attempting to survive it.

>>17422767
We're literally day-for-day with MSM news and how the market reacts. No major updates today = back up a few hundred points. Once Germany reports a bunch of cases = down down down

>>17422751
You get emotionally detached
At this point stock trading feels like an online game. The numbers are not real. They are online. I did not lose 2k or win 3k Euros in a matter of seconds. I made 3k fun-credits with that weird online game called a broker.

I'm holding TVIX I bought for $120/sh average cost ($12/sh before 10 for 1 split) in October. TVIX is at $64/sh now. I'm not selling now this is just the beginning.

Yes there will be a bullchad rally tomorrow but the end is nigh my friends. Chaos will reign

Anyone looking for the market to bounce like a bag of wet sand tomorrow?

>>17422677
I'll be honest I barely understand what you wrote. I don't have hardly any savings, and I'm just thinking this money might better serve me in my own life or even just in a high yield savings account compared to in this fund.

>>17422699
Yeah that's true, the main reason I didn't was that my first job out of college had an automatic 401k contribution which was 6% of my salary. Didn't even have to match, they contributed that anyway. Anyway I cashed out of that 401k at the end of 2016 or 17 when I needed the money, can't remember which year desu.

But with the mutual fund I'm talking about, looking at it now, I see that all of the gains were from January 2016 til now. For the 3 years before then it was largely stagnant.

I'm just wondering if it might be better to sell it all and build a completely new portfolio. For what it's worth I have like 20 shares of Chevron and the rest is in the Vangaurd mutual fund or whatever. Just seems to me I've had modest performance but not making what I want.

Would've been better had I liquidated it a year ago and dumped it into chainlink lmao

>>17422690
okay tripfag, but that's kind of my point. Maybe I should just sell it all and move to index fund?

>Surely biopharma isn't affected by supply chains
You guys are so cute

>>17422785
>Geographic Reach
>While the US is Pfizer's single largest market (accounting for half of all revenues), the drug maker has a strong global presence. It operates in more than 90 international markets, including Japan (nearly 10% of sales), Australia, Canada, Finland, New Zealand, Scandinavia, South Korea, and countries in Western Europe. The company is also growing in emerging markets such as Brazil, China (nearly 10% of sales), India, Mexico, Russia, and Turkey.
>Pfizer has major manufacturing facilities in Belgium, China, Germany, India, Ireland, Italy, Japan, Puerto Rico, Singapore, and the US. In all, it operates some 60 plants around the world.

Looks like they are pretty diversified in terms of where they're manufacturing, but between Japan, China, Singapore, and India they're definitely going to be taking a hit.
Tell me more about MKR.

>history shows once that happens expect a 8-12% total decline.
Anyone know what the heck history he’s talking about?

Looks like I’m going to have to learn how to buy puts now, huh?

>>17422853
You mean mrk
And no

>>17422846
yes thats exactly what you should do in a few weeks/months, depending when the market bottoms out (coronavirus fucks off)

>>17422855
This is bearish. ALWAYS do the opposite of whatever Cramer says.

>>17422855
didn't that guy get sued after losing millions

>all these normies that know nothing
>all the poorfags too

Really kills my boner

>>17422760
I will personally suck a literal bull's dick if that happens

>>17421742
what should site should i use to buy stocks? i have 100k. dont tell me robinhood. i dont trust that shit

>>17422751
Experience and a set of trading rules you stick to. Now, there's a difference between being emotional and letting those feels influence your decision making. I'm throwing shit all the time during market hours but the rules are abided by.

>>17422855
Most epidemics have created an 8 to 12% decline in stock markets. Keep in mind, WHO hasn't even declared this to be a pandemic. Ebola and Zika were declared pandemics and they didn't have this much global anxiety

>>17422137
> he wasn't heavily involved in the Alt Right
not gonna make it

>>17422876
Surely it is better to sell before the bottom

DOW 30K EOW

debate me

>>17422918
i mean buy index funds when theyve bottomed out. sell that mutual fund asap.

Are people really going to just let gold fall because someone sold 3 million?

>>17422916
H1N1 killed like 32k americans LAST YEAR

Where is the panic

>>17422925
elaborate yourself

>>17422936
The jews didn't tell me to panic so I have no reason to

>>17422830
I dont know yet
Option 1: Hope rallye for one/two days, then complete chaos
Option 2: Crabbing and then another drop
Option 3: Markets explode as markets open

My bet is on 1 or 2.

>>17422830
I don't know what to expect.

Chinese imports are about 21.2% of all USA imports. They are about 7.4% of all of the USA's exports. Even a 1 month of loss would be 1.76% affected for imports and about .62% of exports. Not to mention all of the loss from needing pricier suppliers, lost time and expenses for seeking out new suppliers (supplier pricing may increase due to shrinking amt of suppliers in market which = higher demand). I don't see this as good at all this year.

According to the new York times, about 1 in 7 Italians with covid-19 are in ICU or dead. Let that sink in.

If this hits 60% of the world like some officials have predicted, then that's gonna be 1 in 7 people dying.

In the United States alone:
327m people
60% of 327m is 196m
14% of 196m is 27.5m

But the US has less than 1m hospital beds. And very few of those are ICU beds. Even if HALF the 1m hospital beds were ICU beds, that would only be 500k ICU beds. So of he 27.5m ICU or dead, 0.5m would be ICU and 27m would be dead.

This is why Italy is locking down cities. The following is from the NEW YORK TIMES, one of the most reputable, if not THE most reputable, newspapers in the United States. This is not some far out conspiracy site, it's a reputable, mainstream news site reporting a fucking apocalyptic statistic:

Europe’s largest outbreak of the new coronavirus outbreak has erupted in Lombardy, the northern region that includes Milan. About half of the country’s 229 cases are in Lombardy. The government said at least 26 patients were in intensive care, and has reported six deaths.

https://www-nytimes-com.cdn.ampproject.org/v/s/www.nytimes.com/2020/02/24/world/asia/china-coronavirus.amp.html?amp_js_v=a3&amp_gsa=1&usqp=mq331AQFKAGwASA%3D#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.nytimes.com%2F2020%2F02%2F24%2Fworld%2Fasia%2Fchina-coronavirus.html

>>17421904
Strengthen your hands. Think about how Warren Buffett does it. The man only buys shit that he believes in long term. He's quoted as saying he won't buy something unless he is confident the market could close for 5 years and he not worry. If you start selling everything at the first hint of a dip then you never believed in what you were buying in the first place. So then why did you buy it?

>>17422846
My advice is pull out until the after effects of the nCoV-19 is flattened out. See>>17422955

>>17422936
Did H1N1 shut down factories and airports?
Stop pretending to be ignorant and look at what's actually fucking happening right now

>>17421991
Would it not be wiser to take a long and short position on the major contributors to the q’s like the FANGs? I’d think slippage and dilution would always mean they won’t line up?

>>17422942
More chop coming. Possible double or triple top on s&p. I hope to be mostly cash by mid March well before the all the earnings come in, plus guidance in light of production delays. This dip doesn't concern me much but those spring earnings absolutely do.

>>17422970
Based SOXL Prophet

>Futures are slowly going down
post cute bears

>>17422992
I also fear the super tuesday. Sanders will win, Im sure of it. And he can beat Trump.

>>17422933
Yes. But gold is long and more supported historically than stocks. So it's a good hedging buy. I bought more yesterday.

>>17423004

>>17423004

>>17423013
i said cute, he looks scary

>>17423028

I'm just glad I'm not retiring this week. My poor boomer heart would surely give out.

>>17423013
This bear is not cute

>>17422971

Thanks anon this is what I'll do. I have fidelity...I've never fucked with it since I set it up. Do I just hit sell and it automatically cashes out for me? Can I do this late in the day? Or should I call my broker bright and early tomorrow? Would rather do online without talking to a person if possible.

>>17422978
H1N1 killed a 9 year old boy at my hospital just today. You aren’t in medicine, you are talking out of your ass. Calm down.

>>17422942
Late January bulls have felt almost no pain yet. The weak ones are disappointed now with the drop or looking to get out on a reasonable pop. That's what I'm looking at right now.

>>17423031
nice

>>17423025
what did cartoon guy do to bear NOOOOOOOO

>>17423053
pretty sure you can do it online.

>>17422936
>>17423055
no one actually cares about people dying anon, this is political.

>>17422960
You know those stats are retarded, right? The sample size alone. Why are you doing this? Do you believe it or do you think 4chin neets have enough money to effect the market? They don’t.

>>17423004
He thinks we wont slide down to 20k over the next 3-4 months

>>17423004
Give bears your energy. I want SPY to go down to the mid-200s again. I want to buy cheap Microsoft and Apple stocks.

>>17423067
>Cartoon guy
Shes a girl

>>17421742
https://www.youtube.com/watch?v=_KR2ove20a0

Just saw a movie where a fish screamed underwater as a jumpscare lads

>>17422941
This. I vocalize as much. The propaganda box didn't tell me to be scared, so I wasn't.

>>17422916
Unlike this one, Ebola was actually really bad. This is honestly some psyops shit.

>>17423087
10x worse

>>17423053
Sell online or call a broker. Market usually opens at 8:30am EST so I'd set orders before or at that time. I just ran some rough quantitative on how the nCovmV-19 may affect markets. I'd say minimally 4-10 percent minimally for 6 months of Chinese shut down, double that for a year's shut down. Thing is, the virus has a propensity to mutate, and it's still spreading. So I'm supposing the latter to be a possibility for this fiscal year.

Good news for you is that if you were in the market on all positions for over a year, capital gains tax *shouldn't* apply.

remember when it came out that right before king flu broke out in china there were some chinese nationals sneaking poorly packaged samples out of a canadian lab back to china

>>17423137
yes, its lab made. we know that.

>>17422877
>always do opposite Cramer
Wrong
Anyone who listened to him didn’t get totally fucking rekt today
>Cramer is bullish
Ultra fucking wrong
>>17422878
Are you referring to Cramer or skerelli?

I’m not even asking about what Cramer said, it’s the guy who replied to him.

>Joe Biden claimed tonight that he worked with Chinese leader Deng Xiaoping on the Paris Climate Accord.
>Except the current Chinese President is Xi Jinping.
>Deng Xiapoing left office in 1992 and has been dead for 23 years.
Jesus, I can't handle this fucking guy. Kek'd

>>17423150
But do people know it's canada's fault

>>17423189
the strain they stole isnt the same strain out right now. they changed it, but yes its from the same "family" of virus.

>>17423134
yeah these have been my positions for the past 7 years almost. Do you think I should all in the morning? I'm hoping for a modest rebound tomorrow with more of a crash on Wednesday, but also I'm okay with just getting out ASAP

>>17423188
To be fair, they all look alike and are named some variation of ching ping pong.

>>17423174
Not gonna lie I'm gonna be sad when this boomer croaks

>>17423235
This guy's like my dad when his tablet fucks up, and I tell him, "just reboot it."

>>17422904
TD Ameritrade/Schwab/E trade if you're trading or want leveraged and/or inverse ETFs & options. Vanguard if you just want Boomer investments

>>17422784
>Buy leveraged ETFs on the dips. The bull market isn't over.
When will you know it is over?

>>17423299
You'll know, and this isnt it.

>>17423299
When a major event takes out a major part of the economy for good. Corona virus and China production doesnt count. Its widespread assumption eventually lt will come back online. No one suspected subprime mortgages of coming back.

>>17423211
Unless you're holding some real shit stocks/etf's never sell unless you REALLY need the $.

>>17422316
How much do they scrutinize applications?

>>17422598
Imagine if one of those countries survive the culling. One can only fantasize..

>>17423211
Do what suites you. I've run the quantitative, considered how supply chains, profits, margins, losses, etc, are already or will be affected, and realistically I'd say a minimum of 2-3% per month of economic affectedness. More or less depending on news release etc. I honestly hate being a chicken little because I was long on lots of things. But the amount of loss risk run for a small reward doesn't make sense right now.

>>17423344
The market has accepted and priced in their total destruction. If it doesnt happen all the better, but we are prepared to have them wiped off the map soon.

>>17423338

I don't truly "need" the money, but that $7000 is nearly 10 times what I have in my bank account at any given time. Very tempting for me to sell and just sit on the money while I formulate a new investment strategy.

Also not just with coronavirus but in general I worry about the market. We've been on such a bull run and I fear they will try to crash it to prevent Trump from getting re-elected. I just feel we are overdue for a big correction. Markets have been steadily going up since the 2008 crash, and have been rapidly increasing in value since around when Trump was elected. I just wonder how long this can keep going for. Especially after seeing Tesla skyrocket last week...it just reminds me of Bitcoin in december 2017

Is trading stonks enough to get me out of a wagecuck job?

>>17423299
>>17423324
>>17423335
Yes, thats a better explanation.
Corona is literally FUD, it doesn't change the fundamental dynamics of the economy.
Subprime mortgages were disastrous, people losing houses, followed by banks going out of business, then companies defaulting on loans. It was a catastrophic failure with no recovery mechanism.
How do you recover from corona? You just go back to normal.


>>17423388
No, but it will get you more money.

>>17422917
>buying into a half-assed ideology that has a worse history of optics than literal tankies which is saying something
He fell for the Evropa meme

>>17423188
>trump makes up a countries name, buttdials tweets on the presidential twitter account
They’re fucking 80 year old boomers. Show some goddamned respect. You might be old too one day.

>>17423235
I unironically think he DOES do a good job interpreting the moves of the market. ...I just hate him as a shareholder of MO and VIAC.

>>17423344
Plz be Korea
The others won’t be missed.

That sticked Wsb post has 8000+ comments. If that isn't your sell signal then I don't know what is

>>17423382
>they're going to crash the market to elect bernie sanders.
yeah, index funds are your best choice.

>>17423346
Speaking of supply chains, I do have a tiny bit of insider knowledge. I work for one of the micromobility scooter companies (think Bird, Spin, Lime, etc). We were supposed to be getting massive shipments of new scooters so we can ramp up for spring and summer, but these shipments have been delayed as a result of coronavirus and chinese cities being on lockdown.

I figure if this is impacting a niche, unnecessary industry like micromobility, then clearly it must be affecting everything. Truthfully it was this insider knowledge from my boss that actually made me take coronavirus seriously. At first I thought it would just be like SARS or something but seeing how China is shutting shit down hardcore, it has me a bit worried.

I don't want to be an emotional trader, but if shit crashes and I lose all my gains I'll be pissed. Would rather get out now with at least a little bit of gains

>>17423382
Realistically, the markets long term will probably continue to expand, even amidst the current events going on. The government will probably implement more QE if it gets too bad so long term we will probably go up (the next 3-5 years) but beyond that margins may be too tight and civil unrest is something to keep an eye on. We're on the fringes of inflating too quickly.

>>17423382
THIS IS THE TOP!

Leave your money in there unless you will need it within a year. Worst case scenario, absolute worst case, it might take a year to recover your losses.
>>17423393
I legitimately think the Corona panic is some kind of psyop. My hospital, a well regarded one in a large East coast city, has sent out 1 single e-mail about it. None of my colleagues, many of them far smarter than I, are even slightly perturbed about it.

>>17422936
Seasonal flu is priced in, this isn't. Seasonal flu only kills the incredibly sick or flail, Corona is killing comparatively healthy middle aged and elderly. It also causes a much higher rate of pneumonia

You're a smoothbrain, neck yourself

>>17423393
Fuck.

Well hopefully at least I can make enough money to at least go on more vacations

>>17422792
I'm here and I'm still not sure what minimum stocks age is in CT. Gut says 21 but some docs say 18.

>>17423382
What some consider low others claim is to high. You can't time this shit. Most who try end up fucking themselves worse. Your best play is to bag a S&P 500 fund with that money and then add to it each month. You can do with as little as 52 a month. (SWPPX)

so if i got this right, if i have shares of a mutual fund in vanguard for a roth ira i can exchange them for another fund, say vfiax, without any sort of penalty or tax, correct?

>>17423430
That said, some of the supply chain issues are obviously true but the massive FUD seems like it's almost some kind of economic warfare kek.

>>17423440
I promise you, I really am a physician. It isn't something to worry about, if I went into the multitude of reasons why you would call me a larp or just disagree but I promise you that it isn't going to kill anybody who doesn't have some other comorbidities.

For reference, a 23 year old healthy woman died today due to an aneurysm rupturing in her MCA. Not obese, healthy, no signs or symptoms. A healthy 9 year old kid died of H1N1 too, coded right in the ER. Humans are extremely fragile and there are so many variables which go into the equation of whether or not you get yeeted by the flu or not.

>>17423412
Agreed. I personally am waiting on materials fron China but it's delayed because of the virus I'm almost sure of it. The salesperson hasn't contacted me and it's been weeks. I've just let it slip at this point.

America has a lot of stuff we get from China. Some people's entire incomes depend on it. This also mean suppliers outside of China can now charge more due to shifting demands and less suppliers. I'm moving to mostly cash. I don't think we'll see how bad it really is until 6-8mos down the road. The concern is that every day that passes by that China is shut down, losses and affected business operations are affected exponentially. Key word being exponentially.

>>17422784
I read that leveraged ETFs are not a good idea even long term because a dip, even followed by a subsequent rise could fuck you up. It had to do with needing a bigger rise after a dip to compensate for a dip than an unleveraged ETF. I dont know though

>>17423401
Its the same every single time. Even 1929 you had janitors and house wives buying stocks because it was free money.
You had people quit their job during the dot.com (why the fuck is this adress not used by anybody?) bubble and trade stocks because it was free money.
You had tabloids print stock prices on the front page ffs.

Were in the late stage now.

>>17423412
I've had 2 of my friends tell me this too regarding the flooring industry and some guy who orders Alibaba products in very large quantities to drop ship. Every industry is affected which will have severe impacts on next quarters earning reports

>>17423430
>I legitimately think the Corona panic is some kind of psyop. My hospital, a well regarded one in a large East coast city, has sent out 1 single e-mail about it. None of my colleagues, many of them far smarter than I, are even slightly perturbed about it.

From a medical perspective I think you're correct. Here in the US we have the luxury of being isolated by oceans and also Trump is cracking down on foreign arrivals.

But even if there's no big outbreak in the US, outbreaks in other parts of the world can affect our economy given how globalized everything is. To me that's the worry. I'm not worried about my family or I coming down with it, and I'm not worried about people panicking in the US, but I am worried about this chinese shutdown situation and how that will effect the economy long term. Then again I'm not a great investor so who knows

>>17423481
Can you elaborate on exactly why? Why would more people being invested in the stock market, thanks to technology allowing for a significantly lowered barrier to entry, signal the top? I am interested in your opinion, smuganon.

>>17423478
TQQQ is a safe bet. Decay really only matters for some.

>>17423446
For the normal person who doesn't want to make trading a lifestyle, just listen to what professionals say. Buy and hold diverse investments.

>>17423401
How many comments do the daily discussion threads usually have

>>17423481
Based and redpilled

>>17423401
>>17423481
>>17423516
>>17423533
No we arent. If you ask a normal person about stocks, their eyes will glaze over and tell you its gambling. We are not there yet.

How hard would it be to average $50 a day day-trading? That's basically what I get with my unskilled wagecuckery, and I'd love to not have to do that and just stay home.

>>17423481

This is also my fear. Stocks have become really mainstream within the last few years. I remember back in January 2018 a total retarded woman I know opened a Robinhood account and bought some stocks as well as Bitcoin Cash lmao. When everyone is getting in on it you know those who pull the strings are going to take profits. It's not free money

WTF THERES CORONAVIRUS IN MY CITY CONFIRMED TODAY AND THEY ARE ACTING LIKE ITS NOT A BIG DEAL THIS SHIT IS SUCHA COVERUP CORONA IS REAL ITS NOT A FOREIGN MEME ANYMORE AHHHHHHHHHHHHHHHHHHHHHH HOW IS IT IN CALIFORNIA ALREADY WTF

>>17423543
A little bit harder than losing $50 a day daytrading.

>>17423560
A CORONAVIRUS JUST FLEW OVER MY HOUSE

>>17423532
In January they were around 5k, this month they average around 8k per day, multiple times reaching >10k ... That's 2x in a month's time. Search for "what are your moves" and ull find most of the threads

>>17423560
Scrote that shit's been in Chicago for like 2 weeks and shit's fine here.

>>17423599
In December they were averaging around 2-3k comments per thread

>Futures are going to go down at midnight again

Rolling for Black Tuesday losses

>>17423620
Is that new posters or just more activity from the same ones?

>>17423543
You'll get $50 a day, then $100 a day, then $500, then $1000, quit your job, finance a new car, and then you will lose everything the next day.

>>17423516
>Why would more people being invested in the stock market, thanks to technology allowing for a significantly lowered barrier to entry, signal the top?
In German its called "house wives rallye". Every single time the market got flooded by retail investors looking for easy money it was time to bail.
The reasons usually cited are
>Its easy to incite panic in retail investors. One headline and the stock crashes.
>It signals that the markets have boomed for a (too) long time with no correction or problems and are often considered "free money"
>Retail money further rallyes already overpriced stocks
>Who buys the stocks if everyone already has invested their money in them?
>Institutions and professionals retreat from the market as they see more and more risks

Generally the advice to bail when it comes to this has always held true. Reddit is a modern form of tabloid and a good scale for how retarded the normie is but what the normie likes right now.
And right now he likes stocks because it is literally free money. TSLA stock prices probably reach their front page and news.

>>17423368
The stock market would flash crash in an instant when Liechtenstein, Estonia or the British Virgin Islands were infected. But China, Iran or Italy? Their destruction has been priced in since 1914. Who even cares?

>>17423475
You may be a physician, I'll entertain the notion, but you are also retarded.

>this fear mongering

They want to buy your bags so badly

What to do, what to do tomorrow

>>17423624
That's activity per thread (doesn't count individual unique posters)

>>17422407
well done spotting that, the image is a Chinese translation of a Japanese hentai. i spent a little time trying to find the original where it's all Japanese but couldn't find one of the same quality in a timely fashion so I just saved this one.

Was the scare nothing or is this a dead cat bounce?

>>17423475
I have several friends who worked in China and have olleagues there. They tell me its all shut down but also that there is no need to worry because the CPC and WHO say so. I literally heard "Its illegal to lie to the WHO, so China would not do that."

I do not doubt that doctors here are not scared but we do not know the full effects of the virus. Now that it spreads in Europe more info will follow, but so far the European gouvernments reactions to the virus look like unfiltered panic.

>>17423055
10 percent of our species is under some form of quarantine you fucking retard. I'm not saying that this is gonna end the world, but shit is about to get rough real quick.

FUCKING FUCK MOTHER FUCK ASS SHITS GODDAMN

which one of you motherfuckers convinced me not to sell Sony and Nintendies? Wheres the shmuck who said not to sell low when I’d end up buying back in higher goddamn it?

>>17423730

Crazy thing is, most of those stocks are still overvalued. Look into small/mid caps instead.

But the thing is though everyday investors, me, you, the hot girl down the road who's draining some dude of his wad now, we don't have enough money into the market to really do jack shit compared to some institution that drops a few million down like it's child's play.

>>17423730
Gild puts

>>17423730
Panic sell.... I didn't think the public was that dumb and was going to fall for financial psy op that bad. But it's clear that everyone and their mom is now a prepper and PhD in medicine. I'm 70/30 bonds/stock mix in my portfolio... I save that for full blown recession. I kind of regret being slow poke tho.

>>17423777
Fuck you no

SCHX is stronk!

>>17423783

Usually the answer. GILD moves so damn slow, never holds gains above 70.

>>17423730
Tell people to sell their stocks "to reduce their loses" then buy them back yourself when their prices dip even further then wait for them to climb back up again. Literally the whole point of this Corona-chan scare

This showed up on my tweeter
I should’ve paid more attention. Of course this is exactly when to spring a selloff. Duhh.

Yes, this is a twitchthot talking about “stonks” getting a ton of attention on twitter getting a ton of attention on Reddit getting reposted on twitter.

>>17423773
>buys sony at the top day before the drop
>sells nintendo at the low, buys at the top of recovery before it drops again
Kek

Should I still buy Gilead or Merck Pharmaceuticals? At this point they are just printing out vaccines on low margins and govt grants.

>>17423773
>Buying jap stocks when the Nip is getting BTFO right now
Aha

>>17423773
Lmao, you BTFOed yourself.

>>17423845
Hey asshole that’s only partially true

>>17423860
Merck is getting govt dosh? Or you’re speculating?

>>17423873
>>17423876
PinkwojacCobain.gif

>>17423730
My shitty stocks dump regardless. Like today, I got fucking JUST'd on MNK because of this WSJ article.

>>17422970
>If you start selling everything at the first hint of a dip then you never believed in what you were buying in the first place. So then why did you buy it?
Because I bought the sp500 which I consider to be a gigantic bubble

>>17422960
A lot of people who get coronavirus show minimal or mild symptoms. It is very similar to the flu. The danger is that old people will not be immunized and will die.
The market is still going to go into a recession I think, but coronavirus isn't as bad as people think and china overreacted ridiculously because they are idiots

>>17423928
>>17423928

>>17423928

>>17423928


>>17423928
>>17423928
>>17423928

new

>>17423928


thread
>>17423928

>>17423401
>>17423532
10k but it's a single thread up from 6am to 4pm. And then from 4pm to 6am. Its up a long time and it's the same couple hundred people talking to each other and posting each time the market changes. I wouldnt say it means everyone is trying to buy stocks yet. Last week I'd say so actually. Everyone was a genius in a day.

>>17423610
Yeah okay, except it incubates for 4 weeks while still being contagious

>>17421904
Same, sort of. Although my holding tends to pay off. I've only recently started getting into this, but I'm about 60% in dividends/ETFs and the rest speculative stocks to see if I can't make a quick buck.

If SOXL dips much further into the low 200s, I'm snatching a share and putting a strangle hold on it

>>17423478
>I read that leveraged ETFs are not a good idea even long term because a dip, even followed by a subsequent rise could fuck you up. It had to do with needing a bigger rise after a dip to compensate for a dip than an unleveraged ETF. I dont know though
Holding a leveraged ETF longterm can be disastrous with one exception and that is if the leveraged ETF's underlying is an index. Think about it, commodity based ETFs like USO go up and go down very cyclically for one obvious reason, i.e., commodities like oil and corn can't greatly outpace inflation in the long term else eventually no one could afford them. Equities on the other hand can and they do. Since equities for the last 200 years or so have risen and fallen in any short term instance yet have followed a gentle rise in the long term, that beta decay actually ends up working more in your favor rather than against it. The easiest way to test the theory is backtest QQQ vs. TQQQ as far back as the concept of the Nasdaq has existed and see the difference. You'll notice that TQQQ despite being 3x leveraged vastly exceeds 3x the performance of QQQ. This is the daily rebalancing working in your favor. Do the same test with commodity ETFs and you will likely see that both the leveraged bull and the leveraged inverse underperforms the underlying. So don't fear leveraged ETFs but make sure you are buying the indexed based ones and you will be fine. Better yet DCA into your position so that if the market should go into a recession you will make plenty of buys very deep into it which will end up making even more money on the other side.

>>17423481
dot.com was registered in 1994
>>17423921
>Because I bought the sp500 which I consider to be a gigantic bubble
You cannot time the market

>>17423481
>dot dot com bubble

>>17423746
I know the pain of having to settle for translated versions all too well.

>>17423992
take your lithium schizo

>>17424136
That’s a good explanation, I actually understand now

>>17423773
>angiotensin causes vasoconstrictions
Bro where do I get the grant money these faggots are getting? This is high school biology that they're making a study out of lmao