/biz/ - Business & Finance

>>17442125
Buy Tesla and Amazon!

And BSV, Sir.

BUY SNSS
BUY SNSS
BUY SNSS

>>17442029
>what is [leveraged ETF] decay
Something very destructive if you try to hold any commodity based leveraged ETFs hence why I specified index based ones. Take SOXL, a notorious example volatility wise. SOXL crabbed for the entire incipient 3 years of its existence with many dips and bounces of over 70%. You would think volatility decay would have killed your gains. Yet, despite this, and including those first 3 years and many large dips after, it outperformed SPY 30x to 2x. Volatility decay is a real thing and must be respected but it is not something that should scare you away from leveraged ETFs as long as they are based on an equities index or large sector.
The best way to research is to backtest an ETF in question over a long timeframe and see for yourself how the performance compares. Index based leveraged ETFs have been simulated over many decades and TQQQ, UPRO, SOXL, et al vastly outperform their underlying and the overall market. And if that's not good enough you can just open a futures account and get 3x leverage or whatever you want and avoid the rebalancing altogether.

>>17442142
Why?

RED DAY TOMORROW

ego at strong buy get in

>>17442154
so you can lose money

After so many highs and lows, is SNSS for real this time?

Give me words of encouragement savanon...

>>17442149
during a bull market, you're right, during consolidation and bear markets you literally blow up, so you have to be right about one direction, and strongly or you lose

now you've gotten lucky so far, but all those gains can be erased in a matter of a month with a single 3x crash, basically you're playing with fire

credit bubble is about to burst boys. it's 2008 all over again. all those car loans and unsecured lines of credit and credit cards and student loans are about to implode

>>17442162
buyout would be a 3-10x and could easily mirror ARQL. Announcing phase two/getting approved and a buyout all at once.

>>17442173

Does this have any consequences other then the individual defaulters having a reduced quality of life for a few years?

>>17442173
It's corporate debt, retard

What happened to the doujin link?

>>17442173
There is no credit bubble retard.

Hope you kids bought the dip. Corona is going to fuck a quarter of profits. We're just below where were about 3 months ago. Once the market braces for those loses its up again.

>>17442173
>no debt
>shit income
I can take most comers in a fight over the last loaf of bread but I'm dependent on modern industry for my vision correction.
See you guys out there I guess.

>>17442162
>>17442183
A buyout? Whos buying them out? When was that deal made?

>>17442183
The way this market is acting, I may as well throw some change at it and see what happens. Certainly can't hurt anymore than it already does now

I reckon today will be a good time to buy Disney.

GORO is going to $10

>>17442172
>during consolidation and bear markets you literally blow up
The systematic rebalancing which is most of the point of getting leverage through the ETF is the precise thing that keeps you from blowing up. If you open your futures account, put 16,000 dollars in it and buy 3 contracts of the Micro ES you are 3x leveraged. If you don't rebalance or otherwise tend to your position and the market moves down 34% on you you get liquidated and your money is gone, i.e., you blow up.
On the other hand should you buy a 3x leveraged ETF like UPRO with your $16,000 and the market over the course of a month or so drops the same 34%, you do not get liquidated because the position is rebalanced to 3x leverage every day unlike with the futures position where you would indeed blow up. That's kinda the point.
Synthetic triple leveraged index based ETFs have been backtested to the 1800s, as far back as can plausibly be done with the extant large cap companies that have existed. The leveraged ETF never blew up despite the crash of 1929, black Monday, the GFC and all the little recessions in between. In fact the leveraged ETF massively outperformed the S&P by orders of magnitude despite volatility decay and added fees which have been simulated to many decimal points. If you doubt it then go find the backtesting software of your choice and run the numbers yourself. You will be as surprised as I was.

Futures back up and nip market has climbed from -2% to -0.8%. Bleeding stops tomorrow.

>>17442206
famous last words

>>17442240
Its not "made" if it was it would just stay what it is now based on the new value. When pharma buyouts happen its when they deliver results. And they have a presentation next week and have signaled results December. Its not rising on nothing, its going up with 60% institutional investors because anticipation of successful results and a buyout is (Possible). If there is no buyout but the signaled good results it will just hit around 2, 3 tops. If it flops we go back to fucking .30

Is this a good time to buy GLD/NEM puts or is it too late?

>>17442240
do you not know how to read?
>buy out would be
>announcing phase 2
>getting approved and buyout all at once

>>17442297
Why do you think there is one?

>>17442312
just look at the panicked sell off the past couple days

>>17442322
Global events happen. Check any major "Happening" in the last 10 years and how the market reacted. Its never a real problem.

>>17442142
Shill pls

Tell me CLX is a safe hold, I gotta know.

>>17442322
>panic sell = credit bubble
How did you come to that conclusion???

>futures

>tfw laddered CD's up to 2021
Please be the big one...

>>17442173
Corporate credit. Don't forget the average American is 1 or 2 paychecks away from bankruptcy. Any sort of lock down or quarantine causes major problems

>>17442293
It just gonna drop off overnight like today. I’ll hold my puts. Screencap this

>>17440610
lmao

>>17442360
up through

>>17442371
Last night the nip and chink markets dropped over the course of the day. Tonight they are moving upwards (still red though). We might go down tomorrow, but it will be minor if we do.

>retards who dont realize its the elite pumping futures so the same retards buy in at market open only for the elite to take a massive dump on them

Japan recovering as much as they have is pretty surprising tho

>>17442344
It’s a good un. A little pricey right now though. People love it thought on the thesis that bleach disinfects viruses well and so people are going to use those wipes a whole lot.

>>17442368
Americans are servicing their loans, and household debt makes up a lower portion of household income since we have those statistics available (80s I think)

You don't buy the dip until the US has an outbreak in NY, NJ, or CA. Italy and SK was enough for 2 consecutive 3% drops. I'm not gonna fight the giant wave of retards speculating out of their baseless emotions.
This is what's going to happen. CDC is already prepping the media for the inevitability of a domestic outbreak.

what is this chart pattern called?

>>17442429
>the market is being pumped to dump on open
Maybe. I’ll wager it waits until Thursday or Friday to dump again.
And for Japan... maybe worldwide investors had low expectations for their economy already? These things rarely go straight down anyhow.

>>17441997

Oh but if you look at TQQQ, it's $88.78, and the $89 01/21/22 Call is $26, with delta being .6618, so you could calculate the leverage from the option as $88.78*.6618/26 = about 2.2598x. Then, since this is a triple leveraged ETF, you multiply by 3x and end up with total leverage of 6.7794x, which is better than either of just holding the 3x ETF or the option on the unleveraged etf.

Something like the $99 TQQQ 01/21/22 Call might also gives you even more leverage while still being low enough that maybe you could finish ITM if you actually held it to expiration, but maybe that's not something people really do with options, idk, I'm a newb to options.

>>17442479
thats a classic bart/bog pattern

>>17442222
sounds like you won't see us out there

Who else buying SPY puts?

>>17442474
I bought spy puts Monday morning because I was anticipating market dumping when NYC gets locked down and now it's Tuesday and I'm thinking of taking my profit and then going long goddamn I'm a degenerate.

>>17442474
This is the most reasonable plan of action I've read all day

ONE THING EVERYONE IS OVERLOOKING. Is there anyway I can invest in the extinction of bats in China? I feel that one of 2 things will happen. A: The Chinese will ban bats as food and thus all the chinks will eat up as much bat as they can because they believe anything rare or off limits is loaded with penis magic. B: The Chinese go on a bat genocide spree and backed by the government. This will extinct all the bats in China. They will use chemical sprays.

My thought is malaria vaccine companies? Mosquito repellent? Bat meat farms? What's the play here? Can I just buy a massive amount of chinese bats straight out and stock pile them inside my garage? Bat based buisiness ideas? Maybe let local counties lease my bats to control mosquitos and charge a premium for organic pest control? Guys chinese bats have never been cheaper. BUY BATS! Stock pile bats! BUY BATS ON THE DIP. Chinese bats are massively under valued.

>>17442505
been considering some LEAPs

Also is snss just one guy's meme or is it like the smg chainlink?

>>17442257
Would buying disney be considered a put or a call?

>>17442479
OH GOD THE FREE MONEY TRAIN IS OVER!!!
Tell me Cheryl didn’t dump it. God damn it Les would never have allowed this to happen!!
Well as they say on stocktwits and yahoo finance, “the more it drops the more I buy!!”

>>17441997
>I just figured he was another blowhard with a tv show
Oh he is a blowhard with a tv show, but that doesn’t mean he doesn’t have information worth listening to.

Not only is he well-connected on Wall Street as a former hedge fund manager, he used to cohost a radio show with Larry Kudlow.
Larry Kudlow is often in the White House and involved in the trade talks and such as “Director of the National Economic Council under President Donald Trump”

But that other anon has a great point about him being a starfucker. He is very complimentary to CEOs and companies because that’s how he can get them to come on his show or give him the scoop. However, he does sometimes get a call the next day about that guest and sort of cringe away from recommending or say it’s really just speculative so don’t put a lot of money in it, etc.

He was also a MAJOR factor in getting me to throw my money into a flaming pit known as MOTHERFUCKKNG VIACOMCBS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>17442525
It’s a one man Chainlink

>>17442291
>>17442491
Oh I think this was you?

>>17442479
Its called the Networth destruction

Tick...tock...tick...tock...

>>17442525
He hasn’t memed enough people into buying it for it to be chainlink.

The Chainlink of /smg/ would be GALT, except chainlink goes down and up, and GALT just goes down.

>>17442541
We’re just not having a good time right now huh?
Maybe if I read their letters to shareholders I would’ve seen this coming...

>>17442257
Log term, can't Disney and Walmart become like the tech stocks that have been going parabolic? Disney owns so much and has the potential to become tech with disney+ to reinvent themselves as something more like Netflix.

Walmart could become the next Amazon

If I buy QQQ will everything be ok? :(

>>17442491
Yep, that's the way! We are referring to different expiration dates though so if you look at the 01/21/22 at the money call for QQQ, the effective leverage is 5.46. Not quite as high as TQQQ but in the ballpark. Note to that QQQ options might have more liquidity than TQQQ all else being equal. Either way if you're looking for leverage you're on the right track. Check XLK and S M H too while you're at it

>>17442542
https://www.youtube.com/watch?v=bAfS-qoivKY

>>17442542
ur fuckt m8
i still think this is going to have serious effects on asian markets for the near to long term, but if youre short the entire US market like i think you are, youre going to get the fucking horns

i repeat
WE DROPPED ALMOST 7% IN TWO DAYS
everyone and their drunk mother is short rn and all 18 cases in the US are from that diamond princess ship and in quarantine

did you not see the DOW bounce hard af off of 27k or something?

If you actually want to be rich:
https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield
Wait until virus hits the US. It will, think of this like flu season 2.0. It's going to affect some people. Mass hysteria will ensue. Even during this period, wait until the 1 Year yield is greater than the 10 Year yield. Wait for the news media to digest it and report that it happened. After that, the inversion is actually bullish because it's one of the things that will encourage the fed to cut rates.
The best thing to do when this happens: buy SPY LEAPs. Guaranteed 200% returns, potentially 300%. You can speculate on companies for greater alpha, but this one is almost a guaranteed payoff. Spring and Summer will completely eliminate the coronavirus. Short term options aren't guaranteed.

>>17442567
At this point isnt Disney basically an index fund in entertainment?

>More Chinese slaves die in factories each day than the total number of deaths by corona
Perspective.

>>17442598
I'll check those out too! Thank you!

>>17442567
disneys ceo literally just fucked off

>>17442667
More NEETs kill themselves every day than all contagious diseases combined, but that doesn't affect the economy because they don't contribute to it.

You know, for all the money I've gained and lost larping as a stock trader in the past month, I have learned a hell of a lot more about what's happening in the world than I did in all four years of undergraduate college.

>>17442125
how long until housing becomes affordable?

>>17442688
>implying Chinese are not instantly replaceable

>>17442618
Are you talking about yield curve inversion? Didn't we already have that? Why would it invert again?

7% in a couple days aint shit, i wanna see blood in the streets before i buy anything

>>17442562
Its not like you can cash out anyways

>>17442707
Chinese factory worker is more valuable than you or your worthless opinions. Chinese factory worker not working right now. Chinese factory worker not make new iPhone. 50 million dollar freight ship have no iPhones to ship. AAPL shares go down. Market index goes down. Chinese factory worker death is irrelevant, him not working is.

>>17442696
it's a good hobby to have, even if you don't beat the market. as long as you don't do anything super dumb, you make money, learn important skills, and understand yourself and others with more depth.

How is Japan not dropping like a rock?
Their markets seem stable as fuck

>>17442752
Something like 50% of Japanese shares are owned by the Japanese central bank

>>17442726
>coping chink

>>17442726
yeah ok but they still have little dicks and look ugly

>>17442752
they're all still hungover from the Emperors' birthday celebration

>>17442723
I want to see you smiling again...
just think of all the cheap stocks that we will buy with our massive cash reserves :D

>>17442726
>Chinese factory worker death is irrelevant
Nice Freudian slip

Don't worry guys.. we'll have a bounce tomorrow before the actual big one

>>17442764
>>17442785
>tfw I shorted the Nips and just now read about the central bank and pension funds buying half of all stocks to "stimulate the economy"
Wasted money, but at least I learned something

>>17442726
good
our entire market shouldnt be hinged on these miserable cunts anyways

we need a rebalancing of biblical proportions
who knows, this could even jumpstart US production in the long term
theres a lot at play here rn

>he didn't buy APT calls on Friday for cheap

>>17442869
>US production in the long term
keep dreaming, no one can afford to pay minimum wage, chinese get paid pennies on the hour

When is gold going up. It seems like all it does is go down...

>>17442618
>>17442474
These actually sound like... really good plans
who are you? this is not the normal advice I see here.

BUTBUTBUT: still in play is the yieldcurve inversion bear trap thesis I subscribe to.
The 3-10 inversion happened in august I believe, and according to this fidelity page
>the US economy has gone into recession an average of 14 months after the inversion of the yield curve

HOWEVER the 10-2 inversion happened... also in August of 2018? Is that right?
anyways
>From 1956, past recessions have started on average around 15 months after an inversion of the 2-year/10-year spread occurred, according to Bank of America Merrill Lynch.

That means every normie armchair trader will be screaming that the recession is happening... eith in October or November?

(Does it often happen in november on election/reelection years??)

>>17442880
pretty overbought, it's not like APT has the market cornered on PPE or something.
it DOES have some meme component

>>17442882
>what are robots?
>what is automation?

>>17442703
Never. Apparently.

>>17442696
theres nothing in this world that has better predictive power than the market
its literally everyone with 2 shekels to rub together making their best guesses

people scoff at market efficiency, or call the market irrational, but it always seems to have the scoop prior to ANYONE. especially over the long term
its just learning to read it that takes a fucking lifetime
its like a fucking elder scroll or something

>>17442882
well what do you think all the fucking illegals are for?

>>17442903
Inversion yield curve is more market astrology just like TA. Quintessential "Post hoc ergo propter hoc"

>/smg/ - Barenaked Ladies general

>>17442142
>sold my calls around 2pm yesterday in a panic liquidation spree
I wish I was joking

Have we hit the bottom yet?

>>17442785
>they're all still hungover from the Emperors' birthday celebration
That was canceled, iirc.

>Futures up, VIX gonna creep down into butterfree range on open again ^_^

>>17442125
Raaiiyaa ra ra!!!
i yo ra sora ni migoto na kinoko no kumo!
Raaiiyaa ra ra i yo ra!!!
komichi de e wo hamu kotori no gogo ha!

>>17442328
>10 years
That's a pretty small window up consider anon?

Post yf when your spce put profits get you 5 free shares we’re going to make it bros

>>17442515
>t. Brave browser shill

CANCEL ALL ORDERS
CANCEL ALL ORDERS
CANCEL ALL ORDERS
CANCEL ALL ORDERS
CANCEL ALL ORDERS

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

>>17442953
Honestly you did good, markets are going to dive after a brief bounce tommorow and we're only about halfway down into what we used to call "valuable evaluations". Until then I see no point investing in companies with P/E's over 25 in the current economic climate.

Some staple stocks will start having heros dive to buy in soon, but for the most part everyone is running for exit and taking the market with them

Why do you guys do it?

Why do you go through all this effort just to make less of a return than the S&P500?

What's the point?

>>17443011
it's fun

>>17443011
>just to make less of a return than the S&P500?
Its fun and we actually beat the market quite often.
Its not that hard even

>>17442986
Or shit honestly kinda feel like risking bynd being at rock bottom

>>17443011
because some of us get much more than SPY

https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=2000&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&initialAmount=20000&annualOperation=1&annualAdjustment=1000&inflationAdjusted=true&annualPercentage=0.0&frequency=2&rebalanceType=3&absoluteDeviation=5.0&relativeDeviation=25.0&showYield=false&reinvestDividends=true&benchmark=VFINX&symbol1=QQQ&symbol2=RGLD&allocation2_1=10&allocation2_2=10&allocation2_3=10&symbol3=JNJ&symbol4=AWK&symbol5=AMT&symbol6=UNP&allocation6_1=10&allocation6_2=10&allocation6_3=10&symbol7=VLO&symbol8=BLK&allocation8_1=5&allocation8_3=10&symbol9=CAT&symbol10=WM&symbol11=AAPL&allocation11_1=10&allocation11_2=10&allocation11_3=10&symbol12=T&allocation12_1=10&allocation12_2=10&allocation12_3=10&symbol13=KO&allocation13_1=10&allocation13_2=10&symbol14=DIS&symbol15=INTC&symbol16=JPM&allocation16_1=5&allocation16_2=10&symbol17=RGLD&symbol18=KR&symbol19=LMT&allocation19_1=10&allocation19_2=10&allocation19_3=10&symbol20=MCD&symbol21=MRK&allocation21_1=10&allocation21_2=10&allocation21_3=10&symbol22=MSFT&symbol23=PAAS&symbol24=MCD&symbol25=SO&allocation25_1=10&allocation25_2=10&allocation25_3=10&symbol26=SBUX&symbol27=KL&symbol28=TSN&allocation28_3=10&symbol29=NLY&allocation29_1=10&allocation29_2=10&allocation29_3=10

>>17442498

>>17442845
you didnt get the memo in 2012 when BOJ said theyre gonna pump the Nikkei forever. They still take breaks but... its going to 40k, buy the dips when you can
>>17442785
Ill smile when the dogs get their day

>>17443011
>sit back in recliner & and shitpost while occasionally looking at charts & numbers
>effort

>>17442986
>buying SPCE puts
Its not happening. You know why? Last week, 18,19, and 20, there were 200 MILLION SHARES traded at $30+. Thats more volume than ALL TRADES BEFORE the 18th. Thats SIX TIMES the float (aka total trading shares). That means EVERY SINGLE SHARE held by everyone was bought and sold at OVER $30. AND 300 million traded at $30 is $9 billion volume which is more than its entire market cap at any point in time. In just THREE DAYS. These are completely insane stats.

>>17443011
I've made double the s&p for the last few years I've been investing just by picking ETFs and keeping my head out of the sand.

>>17443047
This is classic rat! I’ve never seen it!
Any more goodies to share? I thought you lost everything from the bunkerbuster.

You don’t do japstocks anymore though do ya?

>>17443011
>less then S&P 500
I am still up +10% YTD AFTER this dip. Also I think its really fun. I wouldn't suggest other people do it unless they think its fun and can handle the risk.

Idk how stocks work but I made 120 dollars on a Starbucks put I made yesterday, sold it already and buying calls for August since I'm sure the corona virus shit will be forgotten about by the end of next month. It's the last of my money too so hopefully it all goes well.

Bulls, why don't you think that there's a debt bubble at risk of collapsing?

>>17443011
We’re stockmen, bruv. Wot would you ‘ave us do?

>>17443082
corona isn't going anywhere
take a look at iranian, italian and korean numbers
it's china all over again, without the taoist number magic

>>17442986
>>17443039
>BYND and SPCE have the same market cap
LMAO WHAT???

>>17443082
>a Starbucks put I made
oh boy, here we go

>>17443047
what is the strongest Dog? don't say XOM...
dogs are notorious for their short attention spanss.

>>17443088
debt is debt
there are many types of debt
it isn't some mysterious, magical thing

>>17443088
I DONT BUY FAGGOTY BOOMER SKTCOKS ONYAL BIOTECH IM GAETTING RICH

>>17443080
What was your 2019 return?

>>17443104
>mortgages are mortgages
>there are many types of mortgages
>it isn't some mysterious, magical thing

Or... will they wait to open their shorts until THIS?
>The fearsome inversion of the key 2-year and 10-year yields finally happened early Wednesday, sending markets reeling.
>Historical analysis shows that stocks typically have another 18 months to rally after an inversion, then trouble hits.

>>17442703
That's real cute
DEFINITELY not while the boomers are alive. They'll probably leave their homes to their live-in healthcare workers too, who will sell to wealthy russian and chinese bidding up the price to get their money out of their corrupt state-run economies so... never?

>>17442939
The important thing is how many silly bears will try to short because muh yield curve and get liquidated.

>>17442961
I'm thinking no because of what is likely to happen during earnings season but this leg down needs a bounce and settle period before things will get properly messy again.

>>17443122
that is also a true statement. a mortgage is a type of debt, in fact. so you are paying attention!

>>17443133
>fearsome inversion
I like that
stock market/financial news headlines need more creative adjectives/adverbs.

THE MEME NUMBERS, THEY'RE GREEN! MARKET IS SAVED

>>17443143
Yet that wouldn't be a good rebuttable of the housing bubble. I don't think you've looked into what I'm talking about and could answer it with any clarity.

ITS BEEN
ONE WEEK SINCE MY STOCKS WERE GREEN

>>17442992
What... what is that guy on?

>>17443040
Based patient investor

>>17443115
I havent gotten my taxes yet, but thats when I started trading options (only traded normal stocks before). Its pretty bad because its a steep learning curve, but I recovered completely without depositing to my portfolio. Sometimes it gets rough see those reds, its a constant battle between fear, doubt, depression, and greed. But if you can get past all that, you can really grab those opportunities.

>>17442125

corona chan just arrived at Brazil

waiting for india and california

>>17443153
>I don't think you've looked into what I'm talking about
I don't think you've said anything of substance yet.
If you want to make any concrete statements about anything, feel free.

>>17443154
FIVE DAYS SINCE YOU LAUGHED AT ME SAYING
PICK UP THE PIECES OF YOUR PORTFOLIO AND COME SEE ME

>>17443159
WE'RE IN BEARRRR MARKET!!!!!!!
WE'RE IN BEARRRR MARKET!!!!!!!
WE'RE IN BEARRRR MARKET!!!!!!!WE'RE IN BEARRRR MARKET!!!!!!!WE'RE IN BEARRRR MARKET!!!!!!!WE'RE IN BEARRRR MARKET!!!!!!!WE'RE IN BEARRRR MARKET!!!!!!!WE'RE IN BEARRRR MARKET!!!!!!!WE'RE IN BEARRRR MARKET!!!!!!!WE'RE IN BEARRRR MARKET!!!!!!!WE'RE IN BEARRRR MARKET!!!!!!!

>>17443159
WE CALLL THIS A CAPITULATION!!!!
EVEN CRAMER DOESN'T KNOW WHAT TO THINK!!!

>>17443177
Just like I thought, you didn't do shit, and now you're bragging about your recent success as if it's the start of something new. Sometimes you get lucky, sometimes you don't, and overall you will return less than s&p 500 in the next 5 years.

what are the most free gains tomorrow? asking for a friend trying to get back to net positive?

>>17443195
is this a disguised botchedcoin shill

>>17443183
You're actually fucking retarded. I asked a question, you were free to answer it with anything besides baseless shitposting proving you didn't even understand the subject of the question in the first place.

You're the type of person who respond to a question someone asks on Amazon with "I don't know" instead of ignoring it.

>>17443195
I was being honest and giving you the benefit of the doubt in that you were actually curious. Turns out you're just a fucking asshole. Good job.

>>17443197
SPY trades

>>17443079
I did Nikkei binary options 2016 to 2018 and the vixpocolypse blew me out. I only use leverage 3 times per year max now
also thats my oldest meme besides Copper Futures
>>17443104
CVX is stronger. The Dogs usually match the index, sometimes outperform, and it happens to be one of their worst years of all time right now. VZ is the best performer so far. 3M is just been awful

>>17443183
THREE DAYS SINCE I BOUGHT SOME STOCK
WELL, THEY WENT DOWN AGAIN,
THE OLD BOGDANOFF COCKBLOCK

>>17443215
I was both, actually. Thanks for the post.

>>17443103
Did I say something wrong? Telling you I'm not a Davy person when it comes to this stuff.

BOOMER ALERT! RED WEDNESDAY! SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL! THERE IS NO DIP TO BUY I REPEAT DO NOT BUY THE DIP RED DAY ALL DAY WEDNESDAY!

SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL

>>17443224
YESTERDAY MY BROKER MARGIN CALLED ME
BUT IT'LL BE TWO DAYS TILL I TELL MY FAMILY I'M SORRY

>>17443222
but 3M is my favorite....

>>17443229
it seems like you are selling to open based on your post, which is a good way to get rekt hard for very limited upside. since you are new to this i recommend you not do this again any time soon

>>17443246
but the meme numbers... they're green......

>>17443279
they were also green last night at this time as well. Didn't stop another red day.

Coronavirus fears aren't going anywhere.

ok first time trading options, im just going to buy spy puts and close it out in the same day, cant go wrong right?

>>17443272
context clues though
he obviously bought the put, no one who sold puts on starbux yesterday made money

>>17443258
3M is dipping harder than it should right now because a ton of small specs bought in for 'muh masks' when they should have been gambling on small caps. So yeah they got Doomped

>>17443289
Oh no man guaranteed free money

>>17443289
IV is big big right now, so puts are very expensib
if you buy a put and SPY only goes down a little bit, you will (proabably) still lose money if things "stabilize" and volatility goes down

>>17443293
I just want to buy more MMM
every day
it never stops
I wish there was some thing I could do to stop thinking about them all the time

>>17443289
pattern day trader. Need to hold for at least 1 day.

I feel like this bat head should be a Remilia head.

Mr. Sun though that Manson (well to me it's Death Grips) parody riff was one of the best I've heard

>>17443154
>>17443258
>>17443224
>>17443183
heh love it

>>17443246
IM NOT FUCKING SELLING!!!!

Chickity China the Chinese bat stew
You have a spoonful and your lungs stop workin'

1000!! I USED TO GIVE A FUCK

WORLD IS COLLAPSING IN FRONT OF US HAHAHAHA

>>17443333
>>17440074
hey /biz/bros, I'm new to trading stocks

I've read the pastebin but I can't figure out which exchange to choose. I can only use Bitcoin to buy stocks and I'm from Europe, so sadly no Robinhood.

>>17443333
Checked

>>17443314

You can make up to 4 pattern day trades per calendar week before you’re flagged and put on 90 day PDT probation.

>>17443340
>I CAN onlya use bitcoin toa buy stocks
nigga whaty
sorry im dru nk but i dont even unaderstnad what that means? 8idont think you can buy astock with bitcoin?
also now is poablky the most dangeous time to get into the stock market unless youre playing covid and biotech playsa

>>17443136
this
7% down across the entire US market in two days is the most textbook example of oversold i can think of

>>17443344
TRIPOA DUBSa AHHHH ITS HAPPENBIAng

>>17443360
that's exactly what I'm doing, and why I'm throwing a couple BTCs at the stock market

well, I'd be happy enough if I could also just sell BTC on an exchange that also trades stocks

i tapped out from this retarded market. just take a break, guys; it will add years to your life.

>>17443312
yeah, theyre really cool. You see the BGS bump I imagine, just another 70% gain and maybe I wont use it as firewood

>>17443408
my average on BGS probably isn't as high as yours
I don't really eat anything that BGS makes, so my feelings for them are only as strong as their dividends
the bump is nice, but the share price isn't as important to me as their earnings. one more quarterly report survived, I guess

MMM is different... I have strong feelings for MMM because I do genuinely use and love their products. At home, at work....
Ever used cheap tape that isn't quite sticky enough, or too sticky, or hard to work with? it's terrible. It's the worst.

>>17442603
Imagine being this bullish at 8% off SPY ATH when there is a global pandemic governments have no idea how to deal with.

Bobo gonna fuck you in your dream bull bro.

OH FUCK
MEME NUMBERS STARTING TO SLIP, ABORT ABORT

OH FUCKING FUCK
I am no longer buying the dip.

The first two minutes of my FT news briefing podcast... well just listen, CDC is warning to prepare for spreading of the disease, and the Secretary of Health and Human Services is ALREADY trying to sidestep the blame.

This isn't even an alarmist podcast, but as soon as I heard that guy pull that strange maneuver... bullbros we're in for more pain.

Here just listen to him speak it's about 1:00 to 1:30

https://www.ft.com/content/f714e54f-41f6-4bce-b6e7-a3440d933832

>>17443450
Painter's tape is criminally underrated, but I know exactly what you mean. Or it rips a bit lengthwise when your tearing off a strip

>>17443463
Welcome this man... it's healthy for the market. Not reacting to this would be worse.

>>17442726
Why does it sound like a Chinese person wrote this? Taiwan numba wan

>>17443406
Just buy puts nigga hahaha imagine losing money when you know stocks are going down

>>17443463
https://www.cnbc.com/2020/02/25/coronavirus-latest-updates.html

a vaccine is a year to two years out....

I just had a nightmare were my stocks crashed hard and my calls expired worthless.

>>17443458
i AM bearish long term you twat
the market doesnt go straight down
you wanna short something tomorrow, short worst korea

as of rn, the other shoe has yet to fall in the US.
we have 18 infected, all from that one ship, in quarantine.
the lng term effects of china being crippled will indeed be terrible, but thats not tomorrow

>>17443500
that sounds like a terrible nightmare
don't worry ! futures are green !

>>17443458
also, theres been several different drugs that have been used successfully in stopping the pneumonia effects of the disease

thats a huge leap forward from where we were even just yesterday, in terms of finding a way to deal with this

>>17443501
actually, scratch that
short italy
theres no way their hospitals will be able to handle it continuing to double like it has

>>17443450
SWK is also super underrated industrial and deserves to be on the DOW more than walgreens
>>17443463
>t.
Just buy the fucking dip

>>17443511
guys, what's your opinion on etoro?

>>17443523
fuck didn't mean to quote him

>>17443516
as long as the Italians continue to make out with each other every 5 minutes as a greeting they'll probably keep spreading it...
I think that's what Europeans do, they kiss each other on the cheek as a way to say "hello"

>>17443521
I don't like their products that much though
I mean they work for a couple years, but it's all Chinese plastic and cheap metals

>>17443222
Hmmm checked
Binary options neato
If you’re trading the indexes only I wonder why you didn’t want to trade Nikkei futures? I get more and more curious about ES these days myself. But it’s too gambly unless I learn good TA.

I gotta change things up. Get a new gig. Start writing ERP and amazon published fanfics for weirdos.
How’s the doll trade these days?

>>17443511
I'm rooting for Gilead on that... call option in place.

SPY put option at 150%... feeling good

>>17443463
>I am no longer buying the dip.
BRANG IT. I have orders for 48.50 oil. And more at 44.

GET GET EGETGET GET GOT GOT GOT GOT

>>17443501
I'm drinking, so if I missed how the fuck it was you're bearish based on what you said, my deepest apologies biz bro

Korean hospitals and Italy... you got ETFs in mind or what?

I made a short gain on Japanese ETF (ticker I can't remember right now)... wish I stayed in that trade the way things are going. Right now I'm fucking around with March and April expiration date put contracts. My call options I'm doing June and beyond, which the exception of Gilead (march). Might have fucked myself on that Gilead one but we'll see.

>>17443574
I'm already off your wild ride, Mr. Bones.

>>17442299
checked and saved
great pic
ty

>>17443521
:O
you're right though, of course I'm buying the dip, but I'm saying its going to keep dipping.

seriously listen to him and tell me he doesn't sound like someone who knows he's going to be raked over the coals on trumps twitter when he needs a scapegoat.

>>17443565
You? But you're bear:
>>17443136

>>17443574
BULL RUSH TO MY
HEAD LIT HOT STOCK

Why isn't everyone shorting China

>>17443615
They're already pretty short

>>17443615
it isn't allowed

>>17443596
>But you're bear
Both ways. Oil is the only thing I'm dip buying here. And I don't intend to hold very long.

>>17443626
then what am I branging?
You're not buying the dip, just ranging oil on the way down.

>>17443623
Bullshit. There are hundreds of ways to short it

>>17443636
>then what am I branging?
I was talking to the market, not you. Give cheapies.

Should I buy SPY 3/2 puts at $302 strike?

AHHHHHHHHHHHHHHHHHHHHHHHHHH

>>17443542
Dewault tools is super important though for the world
>>17443557
Its Black Americana Antiques, I can definitely sell some of the one-of-a-kinds for 10x but I want to hold for decades
>>17443596
I wont to listen to news/outsider opinions (besides 1 person) I live in my bubble and it will stay that way. Buy the Dip and Take out a loan to buy the other Dip

IVE SEEEEEEEN FOOOTAGE!!!!!!!!!!!!!!!

https://www.youtube.com/watch?v=oTysV3EfSyM

BUY WALLMART!!!
https://www.beckershospitalreview.com/patient-flow/patient-volume-at-walmart-health-clinics-in-georgia-exceeding-expectations-exec-says.html
>DEMAND EXCEEDED EXPECTATION

>>17443662
Nice FUD

>>17443645
What the fuck did you just fucking say about me, you little bitch? I'll have you know I graduated top of my class in the Young Maoist Society For Great Prosperity, and I've been involved in numerous secret bioweapon construction projects, and I have over 300 confirmed kills on sparrows. I am trained in dog cuisine and I'm the negotiator in the entire Chinese Administration. You are nothing to me but just another bear. I will squeeze you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of spies across the USA and your IP is being traced right now so you better prepare for the storm, whaito piggu. The storm that wipes out the pathetic little thing you call your life. You're fucking dead, kid. I can be anywhere, anytime, and I can deduct your social credit points in over seven hundred ways, and that's just with my bare hands. Not only am I extensively trained in coughing, but I have access to the entire arsenal of the international communism and I will use it to its full extent to wipe your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little "clever" comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn't, you didn't, and now you're paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You're fucking dead, kiddo.

>>17443662
How did you get tomorrow's real numbers?

>>17443691
( as I self-reflect, I realize I should have put at least 5 winnie-the-pooh references in this and I completely flubbed it
such is life )

>>17443652
mmm yes.
These cheapies are already bleeding my gains out.

Your strategy on trading on support and not bagholding is appealing. Then again, buying the dip has worked well for me and everyone else. And it's just so goddamn easy. Time in the market and all that.

>>17443674
really? not even the announcements of secretary HHS?
Well whatevery your doing is working so you do you keep at it.

anybody comfy watching the big short?

>>17443744
me, the bear character is so cute!

feeling like a small bounce tomorrow

r8 my strategy. Will execute at 9am UTC+1

>>17443744
Watched it and margin call again over the weekend
also pandemic for the first time
(spoiler, margin call's actually really mediocre, it's just well-acted. Basically just a cookie-cutter character drama dressed up in market-film clothes)

(also watched casino today to get prepped for making mad bank on the downfall of an institution)

>tfw bought amd march 13 55 call and vix march 17 17 put yesterday

These are going to be worth nothing soon arent they?

>>17443726
>HHS
lol Dont care
Didnt care about the trade war, bought all the dips
Dont care about the meme Sneezles, buying the dips
this that, its detrimental, dont read

>>17443897
cut your losses

>>17443901
Love it
Shine on

Still kind of hating myself for closing my Marriott and Carnival cruises shorts WAY WAY too early. That long-short balance would’ve been the perfect hedge against the Rona.

And I would’ve make a decent chunk off the Marriott short alone.

>>17443952
>sold SPY, DAX, NIKKEI puts before thursday drop
just kill me

Market is going to bounce back hard today. Don't you find it funny how despite dropping 1,800 points over two days basically no one cared except for people who already follow the dow closely?

fucking hell the news of Disney's CEO stepping down had a WAY bigger impact than the markets crashing did.

Don't fall for their tricks. There is no recession coming. The Fed will just print money and fix whatever problems come up.

https://m.youtube.com/watch?feature=youtu.be&v=xghC6VKT6tk

if I don't sell then I don't lose money

>>17442210
Nigger, please.

We're a cunts hair below a month ago, up a cunt ytd & 3m

Tons more to fall in your "best case" scenario, and we'd crab till good news, not moon

https://www.uq.edu.au/news/node/125951

>americans get an additional medical bill when returning from china
JUST

>>17443979
Hope you don't need that money for 5 - 10 years...

https://www.straitstimes.com/asia/east-asia/14-of-recovered-coronavirus-patients-in-chinas-guangdong-tested-positive-again

>>17442149
Don't worry Anon, after I'm done shorting this market for all it's worth, I'll be sure to buy some cheap SOXL

>>17443964
>money printing means economic strength! Hurrr durr

Found the guy who doesn't understand economics.

https://www.commondreams.org/news/2020/02/25/even-worst-fossil-fuel-banker-jpmorgan-chase-will-no-longer-fund-way-destroying

>DOW Futures broke negative

AAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAA
AAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAA

>>17442562
I sold GALT on GALT day and made 12% profit

>SNSS still pumping
My god I can't believe listening to a tripfag made me money, I'm ashamed.

Dead cat tomorrow

>>17444090
Maybe because it would cost too much anyways. That or there's not enough oil there seen to make it profitable, so they spin it off as "helping the planet".

>>17444100
Hopefully you made money arriving at your own conclusion to buy through due diligence into the company

>>17444093
>Futures are slowly going down again
>They weren't high to begin with
another 3% tomorrow

>>17444102
Future growth is trending down. Possible red day again. My estimates are at least 38% of the week is going to be red.

>>17444100
even a broken clock.etc etc

>>17444080
>money printing doesn't mean economic strength! Hurr durr

Found the guy who doesn't understand economics.

So, can anyone can confirm this virus is actually harmless for healthy people?

>>17444062
>Don't worry Anon, after I'm done shorting this market for all it's worth, I'll be sure to buy some cheap SOXL
Not if I buy it all first!

>>17444110
yep
oh its such easy money it is

Does anyone have that one pic of the anime girl with an onahole with a bunch of nails and stuff in it saying "Here's your cheapies oni-pai"? I remember it being posted here like Christmas 2018.

>>17444132
chinaman cough on you then you die

>>17444132
*cough*

corona only kill old ppl you no worry

One - Nothing wrong with me...

this is the first recession i have ever made money in
feels gud man

>>17444132
It's not. Many young, otherwise healthy have come down with pneumonia after getting the disease. Though *most* cases have not been fatal, that number is only the cases China has admitted to. On top of downplaying the numbers, pneumonia obviously requires medical care, and if the medical apparatus is overloaded then tough shit you die.

>>17444132
It's already killed healthy young people, so I wouldn't be so sure.

>>17444131
Hahahahaah. You bulls still amaze me with your "winging it" mentality.

I'll take dollar devaluation for 400 please.

>>17444175
>Federal Reserve: Youve just activated my trap card: Quantitative Easing!

lol

>>17444209
See? what did I tell you. Hard bounce.

>>17444137
Now why would you want a picture like that?

Original, or Campbell's Soup version?
It wasn't too hard to find in the archives.

>>17442562
don't you dare crap on my stinkieGALTies

>>17444219
These futures are literally weaker than before yesterday's crash

>>17444193
Long term effects for 300

Not to mention how much the US alone will be affected by this financially. You really don't understand systematic economics and it shows. Bye now.

What do you guys to use to look at futures?

>>17444231
Yesterday was the up day

>>17444221
Both if you'd please. How the hell did you find it? I looked at the OP of every SMG thread posted in December 2018 on Warosu and couldn't find it

>>17444221
poast both I haven't seen them for a while
>>17444241
ToS and tab out sometimes to investing.com to make sure they're the same. They always are, but maybe one day they won't be :o

>>17444244
Yesterday for me, sorry. I'm in europe.

>>17444231
This. Yesterday's S&P 500 was around .62%, I still remember some of you "bUyTHedIp" clueless kids saying the same thing. 15% of the week might bounce back in terms of volume (not growth), but about 38% of the week (with regards to time) is assumed as negative (by how much is obviously TBD).

>>17444237
>this card protests the user from prosecution due to the collapse of the economy
>additional affect: if your opponent declares an attack on the fed, your life points drop to zero by assassination.
>if this card is sent to the graveyard by card effects, players of the fed end the game and flee to israel

>>17444237
He didn't say it would boost the economy, he said it would boost the cost of equities.

But loose monetary policy CAN boost the economy, somewhat.

>>17444241
I use the links in the OP. First post in the thread, you can't miss it. If you hit the [Post a Reply] prompt, you've gone too far.

>new case in south america
this is it, markets will bounce the first few hours and continue free falling

>>17444260
Don't apologise. USA is fucking 5% of the planet

>>17444241
Tradingview. If you want to see S&P in real time without a paid account, watch the ticker SPX500USD. It's the OANDA chart. The volume isn't going to be accurate but the price tracks well enough with S&P futures.

>>17444298
american here,
europeans should apologize

>>17444231
>These futures are literally weaker than before yesterday's crash
Futures traders aren't confident in a direction for tomorrow. That's why the rangey flatness. Clarification won't form until premarket at least.

>>17444313
is that burger spicy why she cry

>>17442125
I just lost 2% on ALU [XASX], and noticed DOW is down 3%.

Is corona chan going to end it all?
Im tempted to go all in and buy as much as I can afford, but if its the end both shares and fiat are worth less...

>>17444330
It is exceptionally tastey. Those are tears of joy for she has discovered the lost city of Flavortown (which is a city).

>>17444256
Do you REALLY want to know how I found it? I think if I typed out the explanation, you wouldn't bother reading it.

>>17444258
For you my fren, I'll post all 3
Make it 4... 5
There are actually a bunch of versions, this one was believed to have ultimate best typographic thumbnail kinography:

https://i.warosu.org/data/biz/img/0122/24/1545678175449.png

Earlier prototypes
https://i.warosu.org/data/biz/img/0122/24/1545678175449.png
https://i.warosu.org/data/biz/img/0122/24/1545678576231.png

Campbell's versions
https://i.warosu.org/data/biz/img/0122/55/1545938278975.png
https://i.warosu.org/data/biz/img/0122/55/1545938351885.png

I'm all in on SOXS, SDS, SH, and CHAD.

Gonna be nice making money as the the world burns

>>17444372
That was such a fun kurisimasu ^_^

>futures keep going up
we mooning tomorrow boys. get fucking ready.

>>17444426
It really was! So much of the best of some of our posters. Almost no attentionwhoring tripfag dramashit. Lots of bantz between people who actually bothered to make OC images! It was a good time.

>>17444426
not for me

>>17442953
selling during a fucking crash is genuinely one of the dumbest things you can do. you should have money put away to shovel into reliable stock when shit crashes like this. what the fuck mad house is this?

>>17444450
It was the lead up to the great 2019 bull breakout breadth thrust MACD crossover maximum bull run! It wasn't all sunshine and rainbows... but remember when the president got on TV and just begged americans to buy stocks? What a time it was!

>>17444132
Confirmed it can cause cytokine storms which will kill younger stronger immune systems. When your body sends antibodies to attack the virus, the virus gets stronger and overloads your immune system.

>>17444426
something bad happens to that shota I get the feeling...

>>17444477
This.
Dividend stocks are getting dirt cheap, if you can get some that have already announced their dividend, that is a safe play right now.

>>17443159
he's in wuhan. he's saying he's going to say what he wants and isn't scared of the communist party of china
https://www.youtube.com/watch?v=2J4ddPVcq4Q

>>17444477
>sold my CALLS

>>17444479
It was a great season finale on Christmas eve, are we in Season 2 or 3 now?

shoving money into forex because only boomers buy precious metals

>>17444539
Imagine buying the 'dip' yesterday
You haven't seen the tip of the dip

Glad I shorted China at 13700.

Weeeeeeeee

>>17444563
Wasnt meant to be a reply

>>17444500
Chens dead baby. Chens dead

>>17444511
Nice Job!
What's that little circled blip during the golden age arc?

>>17444511
if Season 1 was 2018, I'd say we've gotta be in S3. Can't wait for the Return of the Trade War (Or would it be The Trade War Strikes Back?)

So who here is gonna buy air transport cheapies when we hit rock bottom?

>>17444577
suspicious price action patter pwofit and I were talking about a year ago. Rare three day pattern where spx gaps down on open, has a hard green day, gaps down next open, hard green, gaps down, hard green, gaps down. We noticed it a few times, I have no idea what it means but I think he has a conspiracy theory.
If I take that circle off I'll never find such an obscure pattern again kekkies

AAAAAAH MEME NUMBERS JUST WENT RED, NOT EVEN A SLIGHT BOUNCE!?

So now that they confirmed Wuhan patients can get infected with the virus AGAIN after they're cured. Which means they can continue spreading the virus after they recovered. What the fuck do we do? This is the big one.

>>17444597
gonna buy ALL the cheapies

I'm already up 10% today, this 20X bear certificate is mooning because of the shitty futures. It's beautiful.

>>17444629
>>17444629
>>17444629

NEW
NEW
NEW

>>17444629
>>17444629
>>17444629

>>17444631
y

>get a lot of divvies soon (most higher than expected)
>cheap stonks

pretty nice timing, thank you corona-chan

>>17444603
interesting
I wonder if this is the year we timeskip to /smg/Z

>>17444304
Very nice

>>17442154
>>17442342
SNSS is currently in their phase1b testing of Vecabrutinib, a BTK inhibitor that can treat people with CLL mutation (unlike it's competitors) and has significant value as a combination therapy with broader BTK inhibitors. Vecabrutinib was created by Biogen before BTK inhibition was proven to actually work against hematological cancers, and sold to SNSS for unbelievably cheap. Their 400mg cohort data is coming in Q1 2020, and their 300mg dose data showed near theraputic levels of BTK inhibition, including 1 40% tumor reduction, a mere 10% away from Partial Remission, meaning their data this time is likely to show tumor reduction and at least partial remissions. Other BTK inhibitors have shown massive value recently, like ARQL being bought out for 2.7 billion