/biz/ - Business & Finance

>futures tanking again

LMAO I GIVE UP

i pulled out

>>17458829
they went up the past days and it crashed the day after. so logic says if futures are down the market will be up.

>>17458829
This came out right after the Trump "just a flu bro" conference

People are fucking sheep. This market is so volatile and it's so obvious everything is going to crash. That's why I fucking liquidated EVERYTHING.

It's happening anon. This is the beginning of the next great depression. Stock up, prep yourself for rough years ahead, food shortages, water shortages, global economic instability, war, pestilence, death. It's finally happening, this is the beginning of the end times. We didn't listen, we didn't care, and now we will pay the price for our greed and destruction. The whole system will collapse, society will crumble, knowledge will be lost forever and humanity will never recover.

We're crossinh the Rubicon here people. It's time to wake up.
https://youtu.be/g7Q5LGbhW-s

WE RIDE AT DAWN

>>17458839
I never pull out

.

>>17458864
I'm not paying child support

>>17458829
CASH GANG

CASH GANG

DAY TRADE 4 LYFE!!!11!!!1!!!! LMAO'ING AT UR LYFE INVESTORS LMAAAOOOOOOOO!!111!!11!1!11!11!1111!!!1!!!!

Inverse ETFs still gaining. My only long position is NSRGY Nestlé but they have water so IDC.

I'm expecting a recession at this point.

>my crypto has lost 30% of its value
>my portfolio has lost 15% of its value

I have to be the most JUST post on here

>>17458829
go bear gang.
buy some cheap puts.
and pray to the god of hellfire.
https://www.youtube.com/watch?v=RLG1ys2CGcI

>>17458850
Oh my god. This market is so volatile and it's so obvious everything is going to crash. That's why I fucking liquidated EVERYTHING.

It's happening anon. This is the beginning of the next great depression. Stock up, prep yourself for rough years ahead, food shortages, water shortages, global economic instability, war, pestilence, death. It's finally happening, this is the beginning of the end times. We didn't listen, we didn't care, and now we will pay the price for our greed and destruction. The whole system will collapse, society will crumble, knowledge will be lost forever and humanity will never recover.

>>17458873

CASH GANG IN HURRR


SWING TRADE MASTER RACE

>>17458860
lol stupid cows, did you ignore the entire press briefing?

>>17458829
WE GOT TOO COCKY BULL BROS

>bought a spy call at the end of the day

>>17458899
UNIRONICALLY, THERE IS NOTHING BETTER THAN A FAP WHILE WATCHING MARKETS TICK ON THE SIDE

>>17458850
We've been due for a hard landing for five years, honestly.

Corona might be the trigger but the fundamental problem is completely different. Things are completely fucked and we still haven't paid up for 2008. The amount of inefficiency, misallocation, and dysfunction will mean multiple painful recessions for the rest of our lives. I expect we are headed into a situation like Japan at the end of this. A morass of debt, infrastructure, resource, housing, and social problems. You will look back on this horrible decade like it was the 90s one day and realize how far we've sunk.

a lil song about the weeks events

https://voca.ro/53fZgP4FevN

SQ gonna chum tomorrow
SNSS gonna chum by end of March

>>17458899
i wonder if anyone will ever share their secret sauce of indicators here? i know i won't and people usually say you shouldn't tell people shit because then it won't work, but that doesn't stop me from being curious. i figure at the end of the day it's just about determining the short, medium, and long trend, and trading accordingly, maybe that's just me.

>>17458908
for how much?

SELL SELL SELL

> If you are in a camp with a bunch of campers, and a bear attacks, you don't have to be faster than the bear.
You only have to be faster than the slowest camper

> The Federal Reserve is no more federal than Federal Express.

>>17458847
The futures timeframe is pretty much the 5 minutes right now. What will happen is that they will rise back to 0 before open and then the market will do who knows what because nobody knows anything.

>>17458926
yup, tomorrow is fucked

>>17458926
god i can not fucking WAIT for the footage from all these liberal shitholes as their expiring in the streets cursing trump

S-S-S-S-S-SAVANON????????

P-P-P-P-P-P-P-P-P-PENDY????????????????????

>>17458913
Good, but you need more memes to appeal to the zoomers here.

>>17458926
>bay area
100% guaranteed to be a chink who had contact with a relative or friend who recently came back from chinkland. Gas all chinks to halt the spread.

>>17458918
Define chum

trading has changed me.
i used to just watch porn.
now i watch porn and see situations as a natural side effect of having money.
just lots of loose women think you're gonna pick 'em lmao

>>17458944
liberlols are so predictable, i'd day trade them all day every day if they were a stock.

>>17458934
Likely a slow drop throughout the rest of the week. We are entering "screw it" mode.

>>17458924
That’s why I trade based on what I think will happen months from now rather than day - day , I don’t have the technical skills to day trade

Nothing, I repeat nothing can repair my view on humanity after this. We live in a world of cowards and retards and I want nothing to do with it. The entire world is shitting themselves over the fucking sniffles. I genuinely didn't think I could have a lesser opinion on humanity until now.

ALL SNIFFLEKEKS GET THE FUCKING ROPE.

REMEMBER THIS NEXT TIME YOU CAN'T GET LAID. WOMEN CAN SMELL HOW BITCHMADE YOU ARE. DRIVING IN TRAFFIC 15MPH ABOVE THE SPEED LIMIT IS MORE DANGEROUS.

Long term projections for possible market correction or crash. Key points of support are:
>log scale post-2008 trend ~$2750
>-25% from ATH $2550
>-50% from ATH $1700
>log scale looooooong term (since the 70's) trend line ~$1550 ish. Hitting this is boogaloo doom scenario and/or loan money to buy the dip with max leverage scenario.

>>17458983
If your taking prepping advice from the most protected person in the world, you deserve to be strangled to death in a walmart fighting over the last can of yams.

Theres no cure for this shit, the only thing the president can do is try to keep everyone calm. I'm calm as can be because I have the option of hunkering down in my house for several months straight without ever going outside because I've slowly been collecting a surplus of supplies and long shelf life food for the last few years. I'm installing a 500 gallon rain barrel this weekend so I'll no longer have to hoof it to the nearby lake if I run out of my bottled water stash in an emergency situation.

>>17458980
it's really not that hard. it's mostly just a matter of moving averages which you find a way to make even more accurate than they already are. the hull moving average is free and available on literally every major platform i believe, it's free to the public iirc. literally just use 2 of them and try to make that better with other indicators, that's it. 3 of them if you want to be really specific for long/medium/short term trends.

MONSTER BUBBLE
https://seekingalpha.com/article/4324870-fed-created-monster-bubble-can-no-longer-control

Real bobo hours. Who up?

I bought March 2nd spy puts for $0.97 at $302 strike today. Feeling pretty good about them, I don't have much money but I think it could yield big gains. Relatively speaking for me anyway

So we are effectively going down the path of destroying the global financial system because of the downstream effects of a virus with a 0.4% effective kill rate?

Why not just infect everybody in one month, accept the 0.4% effective kill rate and move on with the survivors?

Seems easy trade-off to me and I am a 50 year old boomer with a much higher chance of being killed than all the NEETS here.

>>17459011
I would legitimately buy a call or just as a hedge, just in some meme magic makes the SPX springboard up kek.

>>17458926
SF is fucked, that city knows no such thing as hygiene.

>>17459010
https://www.youtube.com/watch?v=-3D5FwwtNVM

>>17459018
This is honestly the only solution.

>>17459010
Bobo gang reporting in. Expecting green for the next week or 2 on my inverses.

>>17458928
>fastest runs left
>slowest runs right
>bear runs left
>>hurrhurr it’s ok cuz I’m running faster than the slowest guy

>>17459018
Sick people can't work. 15% of those infected with coronavirus need critical medical attention.

I AM BUYING THIS DIP AND YOU MOFOS CANNOT STOP ME!
THE LIST:
RTN
KO
WM
AAPL
T
LMT

>>17459018
kill rate is 2.0-5.0%

>>17459018
why are you on 4chan at 50 years old

>>17459009
This is like when a dying cell becomes cancerous. We never left the economic downturn of 08

>>17459024
>Virus spreads through fart clouds
>People literally shitting in the streets
Yeah they're dead.

>>17458978
How do we profit from diseased libs?

>>17459018
>I am a 50 year old boomer
it shows

>>17459024
Couldn't happen to a nicer group of douchebags.

If this thing goes fucking ballistic in SF, I can't wait for the inevitable race war between all the gooks there and the no-vaccine hippy housewives who preached diversity is strength for the past 30 years.

The first photogenic white toddler who goes tits up is going to throw all that tolerance BS to the wind and reinstitute internment camps.

>>17459042
>65+ year old are critical members of the workforce

>>17459051
I think if it does reach reasonable points and prices, we'll realize it actually only got worse.

>>17459057
short onions

>>17459002
FOR AT LEAST 3 GENERATIONS, UP TO 5 GENERATIONS WE'VE ENJOYED A MORTALITY RATE THAT ALLOWS THE WEAK AND RETARDED TO LIVE

THE SNIFFLES ISNT ANYWHERE CLOSE TO ENOUGH TO EVEN REMOVE THE PERSISTENT WEAKLINGS WE ARE PLAGUED WITH.

THIS ISNT ENOUGH. ANOTHER FLU WONT MAKE A CHANGE.

>weed stocks back to performing inverse to market
ok if WEED is negative tomorrow morning, then it's time to buy back into the rest of the market

>>17459066
well, they are. because sure as hell arent retired lmfao

>>17459047
Heavily biased towards those older than 70. Those older than 80 have a whooping 15% death rate.

>>17459049
Its a great website, and I have been using it for years. Made money off of /biz/ and crypto, got shredded and fit because of /fit/ and learned how the world really works through /pol/.

You Neets hate on 4chan, but you don't realize just how powerful this website really is.

>>17459073
This is the perfect time to make hefty weed plays

>>17459083
>Those older than 80 have a whooping 15% death rate.
if you're over 80 you get pneumonia and die if you go outside without an umbrella though

>>17459073
Allegedly weed is good to alleviate the symptoms of the coronavirus.

>>17458983
breddy based tbhfam

>>17459083
The elderly dying is a literal stimulus package greater than congress could ever award

>>17459057
BYND probably represents the dem mood in general.

>>17459068
kek

>>17459099
just dont smoke it if you pneumonia

>>17459114
have*

This is rapidly becoming the worst crash in 2 years, and the rate of decline far exceeds 2018's crash. This is a once a decade event. We won't see the market restored for years.

>>17459131
this really isnt the start either. the start begins once america loses control over new infections with CVD and are dealing with an overwhelmed medical system/shortages.

>>17459131
If it doesn't disrupt the US supply line it won't be that bad. If it does then rip.

>grandma lives in portland oregon
>she survived stage 4 lung cancer even after the meds crystalized her lungs from an allergic reaction
>a total bitch scandi woman that cant be killed
>she hates gooks to her very core

I'm worried for her, she got trapped under her furniture the other day moving stuff around because she hates asking for help, but shes also weary of asians.

If she gets corona her previous lung damage in my mind means shes the perfect candidate for death. I want her to be safe. Hopefully she stays inside. She refuses to retire. She built the circuit board that is in her fucking pacemaker. Shes harder than this virus by a long shot, but it still worries me.

>>17459131
This three day crash is almost the same amount as the entire month of december 18, it's happening.

>>17459131
Just wait until Bernie wins.

>>17459131
But the market always comes ba-

you guys have fractional shares on robinhood right

>>17459147
tell her to avoid public areas.

>>17459143
Reminder that this dumb fuck has a business degree and no medical background whatsoever.

>>17459147
hope she dies so we don't have to listen to you simp again

>>17459158
i switched to webull

>>17459099
Any kind of smoke is going to create an environment where your body produces more ace2 receptors which lowers your potential for being asymptomatic

Anybody with damaged lungs is elderly tier risk

I think this virus isnt anything to worry about, but miners and welders and whatnot are DEFINITELY at risk

>>17459160
right. ty for stating the obvious, its well appreciated.

>>17459147
Your grandma fucked Rune Elmqvist? That's kind of based.

>>17459009
doom doomy doom fud fuddy fuddruckers

>>17459155
Big oof.

>>17459009
> History shows us that markets tend to melt up 100% or more before bursting in major bubbles.
>Timing melt-ups and their aftermath is extraordinarily difficult, but not impossible.
https://seekingalpha.com/article/4244140-now-housing-bubble-2-is-bursting-how-low-will-go

> Housing Bubble #1 wasn't allowed to fully retrace the bubble, as the Federal Reserve lowered interest rates to near-zero in 2009 and bought $1+ trillion in sketchy mortgage-backed securities

do you guys think Pewdipie plays stonks?

>>17459131
US economy is genna stagnant over the next few years. Prepare for the crab market.

>>17459163
You wouldnt even 1v1 my grandmammy irl let alone me, you faggot coward

>>17459145
It already is disrupting supply line. Just look at the numbers on how much business the US does with China. Margins are being affected in an economy where some companies literally cannot afford for them to be affected. The effects of this are exponential as time goes on. Q1 and Q2 will be proof of that if China doesn't have full production and imports soon. Mark my words people will lose income and QE will only trade short term easement for long term issues.

>>17459131
so this is sarcasm

>>17459160
kek I really enjoy when the medfags come in and completely shit on all of the autistmo faggots with creative writing degrees

>>17459170
>getting rid of the dumb coal miners of a dying industry that no one really wants to save yet nobody can bring themselves to tell them to fuck off
Yes please.

>>17459051
MELTUP

>>17459159
She does that well enough, shes old school hard

>>17459051
>>17459067

When are yall going to buy? 20K?

>>17459181
>Government uses taxpayer money to lose money

Sounds about right

>>17459198
My main concern is countries like chile could lose their main economic force because they virtually survive only on mining

>>17459155
true, though to be fair the nikkei is now near 22k unlike where that map cuts off
speaking of the nikkei
>down almost 2% already AGAIN
やめろ

>>17459172
No problem. It is the least I could do.

>>17458850
If that's the case, it doesn't matter if I hold stock, gold, or shitcoins. It'll all be equally useless.

>>17459198
>>17459227

Reminds me of a story I heard when I was in Afghanistan. Platoon sees half the village going like a mile away to get water and the Americans decide to build a well in the village to save them the trip. Riots erupt because the half the village was employed to carry water.

>>17459183
Probably index and bonds if he was smart enough to hire an accountant. Nothing risky as he rakes it in like crazy without any market assistance.

>>17459242
ty, now please leave /biz so we can actually discuss business and how the current events potentially effect it without a drooling mouth breather who has a general arts degree interrupting us.

>>17459255
Lol'd

>>17459230
Japan will be better off than most other places. They are one of the largest CREDITOR nations in the world right now, unlike US or China who are the largest DEBTOR nations. Plus Japanese citizens average 30-40% savings rate so in a downturn they have a good cushion. In the USA it's like 3-4% savings.

>>17459193
We aren't seeing banks collapsing yet. China will be back within the year, first of all other countries even and will start supplying things again. Unless some crazy shit happens like a Chinese revolution or the US being destroyed by Corona it's going to be a steep correction but not a super collapse.

>>17459215
I'm only in inverses and NSRGY at this point. I could run technicals and look at modeling but, the market is too volatile right now. I expect a slow continuous gradual fall the next month or two. The worse news we get, the more pull back and market exiting we might see.

Realistically if the market shows signs of bottoming and the economy stabilization as well as China reaching full import/export capacity again as well as all other countries I may lightly or somewhat expose myself but things are definitely in a downfall and will be until all countries are go again. Just look at all of the CEOs that stepped down. They know what's coming.

>>17459277
...what would happen of Japs dumped all their savings into the economy kamimaze style??

If you compare the gains between /smg/ and /r/wallstreetbets, who wins?

Pulled everything today. Bought some Tsingtao and I'm about to go fuck an asian hooker. Hopefully I will appease Corona-Chan and we can return to the normally scheduled programing

>>17459277
Japan's population is old as fuck. If they manage to survive this, coronavirus might be good for them in the long term.

do you guys know any place where I could short stocks with crypto?

>>17459284
JPmorgan says theyre done being bearish and a hedgefund manager on fox business today says hes buying financials

I thought it was dumb, I think banks will foot the bill for a lot of people that cant pay but ya know, info is info ill spread it

>>17459284
I agree to some degree. The world governments don't want to lose their income sources and will probably have analysts all over this. They'll enslave the country financially for another 30 years as long as it protects their bank accounts. That's one of the real concerns.

>>17459131
>crash
Its a panic sell that's being manipulated by marker makers for discount stocks in a bull market. There are NO NEGATIVE ECONOMIC INDICATORS. The Corona virus is PURE FUD. Americans aren't losing jobs, or cars, or houses. Businesses aren't going bankrupt. Not everything is manufactured in China. This is a blip in the quarter, the market over adjusted.. This is your chance to get in the market at a discount.

>>17459299
huh

>>17459255
The duality of man.

>>17459294
Smg but only because we only have pennies to lose while the normies on wsb lose their entire 401k

>>17459285
Where do you go to get data on their import/export capabilities?

God damn it.

Even if it literally is the meme flu, the memevirus might fuck shit up and cause shortages and shit.

I hate this. Such is the fate of the “long term” investor.

At least I took my DIS losses at 128

>realizing losses
AAAAAAAAAAAAAAAAAAAAA

>>17458791 #
No way...
Though MS podcast did say support at around 3040 would be a good place to start adding to positions.

>>17459155
Do you actually know anything about the Nikkei bubble? I think that’s an outlier.

>>17459158
No
I’m ready for cash management but I’m not sure if I trust robinhood with my info.

They can’t even protect themselves from redditors with terrible judgement.

>>17459294
Up until last week? them, it's easy to make boku bucks when you're a literal retard buying reckless weeklies in a bull market.
this week and into the future? us

>>17459314
Peter Schiff is beating everybody right now, it's painful but I'm going to start paying attention to him

Is it too late to buy puts

>>17459181
These panic dips tend to delay The Big One. I think it's foolish to assume Corona dip is the The Big One at this time. All you've got is a panic sell off, you haven't seen what kind of bounce the markets are going to make along with what kind of buy volume comes in during said bounce. Inflation is low. Fed has some small room to cut rates if need be. They have not announced a QE plan yet or done an emergency rate cut.

A lot of things have to play out before a recession is better than coin flip chance from this point.

>>17459122
I’m not going to stop weed until I’m dead and if it gets me there any sooner so be it

Just a friendly reminder that the US is uniquely positioned to weather this storm:

>7% of GDP is linked to global trade and more than half of that is within NAFTA. Rest of world could die and we'd be 93% game shape ready.
>Completely energy independent and an exporter.
>Largest and most ideal agricultural producer by a long shot in every category that matters (grains, produce, meat, monsoon crops, produce)
>Natural Gas waste product from fracking mean input costs for chemicals and fertilizer are almost cheat code like cheaper for us to produce than the rest of the world. Ditto for plastics.
>US Navy is 5 times larger than rest of world combined. Seas belong to us.
>Semiconductor infrastructure is one 5 year plan away from rivalling current South East asian infrastructure. So your iphone 12x with 13 notches and poop emojis is gonna skip a yearly update from Apple. Boo hoo.
>Manufacturing was already being relocated from China to Mexico / US. Coronachan is only going to accelerate this process.

Feels good to be almost completely invested in US stocks and producers. Have fun with your export based economies after Trump brings down the banhammer! I remember when you krauts were calling us Hitlers for liberating Iraq, or the Brits were popping champagne during Hurricane Katrina. All back of the bus now bitches!

/end rant

you guys are over exaggerating this "mass collapse" scenario. all we need is 2-4 months of stalled productivity and supply chain severance to have lasting effects on the world economy for 1-2 years at the least. people will get laid off in masses, people wont be hired because they'll be competing with a mass force of other applicants trying to get any job they can to pay the bills. most will go into bankruptcy, others wont be able to pay their bills and lost their houses, etc., which will lead to massing defaults that the banks are on the hook for, bad debt writes offs, etc. you dont need a prolonged collapse for it to fuck everything up. the economy is intertwined with everything much more today than it was 10-15 years ago. and people are more broke today than theyve ever. im telling you, 2-4 months of prolonged stalls and its in the shitter for the next 1-2 years at the very least. housing will tank with mass listings and banks foreclosing properties, credit card companies will lose a lot of business with bad write offs. travel industries will take a hit because everyone will be broke without jobs. its a cascading domino effect.

>>17459325
I just search around for it or have been stumbling upon it. I don't have a recollection of a link or anything. Sorry. Just interpret what news there is on the subject, weigh it for likelihood of trueness, factor that into their economy, so on and so forth. Interpreting news is a good skill to have, especially for investors.

My normie friend is down like 95% on weed stocks and hes just gonna hold until it pops

>>17459309
In any case the damage from corona can easily be calculated, it can be terrible, all your work force out for a month some never returning or super mild. The problem with 08 was things were breaking down before anyone realized what was happening, this isn't the case. As long as the virus doesn't bring something unexpected from what we know so far with it things will recover. Bernie as president has more chances to fuck the economy because of his unpredictability.

>>17459327
China is already scrambling to get production back up and running and business are moving to production to Vietnam and other places. China knows that every passing day results in the permanent economic risks rising exponentially because these businesses will not all just bring their production back to China when this blows over.

>>17459362
If anything you say is true the #1 thing you can do is be in top physical shape and the #2 thing you can do is have friends and the #3 thing you can do is have diversified skills and the #4 thing you can do is have a gun

>>17459353
Imagine if the US started war with China and took over. That'd be WW3 but interesting.

>>17459181
> The problem now isn't one of liquidity or iffy mortgages: it's the generation that would like to buy homes, finds they don't earn enough, and their incomes are not secure enough, to gamble everything on an overpriced house that chains them to a local economy they might want to leave if opportunities arise elsewhere

Just the flu bro

>>17459329
good job, /smg/. I'm proud of you. Fuck those normies up.

you guys didn't sell when the yield curve inverted last year? aka when the 100% accurate indicator of literally every recession in modern history happened?

>>17459362
>the economy is intertwined with everything
So is the supply chain. 2-4 months of lost productivity in China means companies move production elsewhere and China fucks their economy for decades. It isn't 1995 anymore.

If futures were green the last 2 days and everything went poorly, big red futures means we will finally be good?

>>17459353
>Just a friendly reminder that the US is uniquely positioned to weather this storm:
Agree. Pic related

>>17459367
man i can't believe i bought ACB. If I hadn't "diversified" into WEED, I wouldn't have broken even and I'd be down like $5K.

>>17459393

This board is so volatile and it's so obvious everything is going to crash. That's why I fucking liquidated EVERYTHING. Shitposts? Gone. Quick rundowns? Gone. Big booty girls with crypto photoshopped on their asses? GONE.

>>17459406
you cant just "up and move" production lines. you cant just build factories in a week that are capable of producing at the cheap rate chinese are.

>>17459406
It also means a likelihood of rising production costs now that one of the cheapest manufacturers in the world is down. Less suppliers, more demand for suppliers. Double whammy of material price rise.

>>17459406
also why the fuck are you still here you inbred retard. i told you to leave so we can actually have a discussion here without a retarded general arts drooler interjection with retarded nonsense like "we'll just move the production lines in a few months". fuckin hick.

>>17459366
No worries, I thought there might be some economic data floating out there that I was not aware of.

>>17459400
There's a great delay on the inverted yield curve. The average is something like eight months to two years before a recession.

>>17459423
Cue Trumps epic welcome in India. Yeah, it's stagecraft, and it won't happen overnight, but it is HAPPENING

>>17458873
>Gang
Kill yourself Reddit scum.

>>17459412
yes, rally begins tomorrow

>>17459343
Thanks I don't keep a close eye on the market so I am content selling now and waiting. I can wait years... Not buying these stocks or these houses. Fuck no

>>17459362
It's going to be bad but it's one of the mildest recessions you can have, it's not from policy or war. It's a virus with specific time-frames. It will cost a lot of money but it's not changing how the world works.

>>17459423
Plans to shift production due to tariffs have been accelerated and companies that have been caught off-guard by this are currently looking to find other places to do business with. This shift obviously doesn't happen overnight, but it is already happening and the long China takes, the worse the damage will be in the long run.
https://asia.nikkei.com/Spotlight/Coronavirus/Google-Microsoft-shift-production-from-China-faster-due-to-virus
https://www.japantimes.co.jp/news/2020/02/11/business/japanese-firms-moving-production-southeast-asia-coronavirus-supply-chains/
https://www.cnbc.com/2020/02/20/coronavirus-outbreak-spurs-supply-chain-shifts-started-by-us-china-trade-war.html

>>17459371
>As long as the virus doesn't bring something unexpected

You mean like SARS AIDS ravaging the United States while the CDC follows "don't test, don't tell"?

SARS:
https://www.who.int/emergencies/diseases/novel-coronavirus-2019/technical-guidance/naming-the-coronavirus-disease-(covid-2019)-and-the-virus-that-causes-it

AIDS:
https://www.zerohedge.com/health/coronavirus-hiv-mutation-suggests-nearly-1000x-more-likely-sars-infect

CDC not testing:
https://twitter.com/EpsilonTheory/status/1232847757804802048

>>17459414
I'm not saying we are perfect, but compared to the rest of the world.

>Check out the Non Performing Loan % category in Euroland buddy.
>Demographics in Euroland are extinction level at current and they thought the best tactic was to bring in hordes of culturally hostile Arabs. Sprinkle in a total collapse of export driven economies at the core and voila! you have anarchy.
> Your assumption is based on the fact the rest of the world is going to dump the USD. And put it into what bitcoin? Chinese Remnibi? Euros? The huge market selloff now is rich people cashing out and holding DOLLARS. We are at multi decade level lows for USD on exchange rates. Get used to it.

All the pension shit is true and tragic, but at some point somebody is going to just say "fuck you firemen and police" we ain't paying these 18% ROR pensions for you fucks anymore.

Still doesn't change the fact that the USA is the best piece of real estate on planet earth and the ONLY growth possible consumer market in the world for the next 40+ years.

Buy America Kraut. You'll be glad you did.

>>17458848
WHAT FUCKING PART OF CAIFORNIA? IM IN CALIFORNIA I NEED TO KNOW

>>17459412
You're going to see a tapering off of sell volume as these consecutive red days continue. This will represent the initial wave of people who wanted out an no foolin. A bounce will occur, maybe some of these seller buy back in maybe not. Watch the volume on the bounce very closely. If volume starts to taper again at a double top or lower high: EXIT AND SHORT. If you're already short, you should have profit taking orders already in place and should be tightening up your stops at this time. Assuming this is a crash, which isn't clear yet but going on hypothetical crash thesis, the price action will still establish a range and distribution pattern. Nothing ever goes straight up or straight down. Bears thinking it will are being recklessly greedy.

>>17459455
The inverted yield curve isn't the only indicator. There's enough flags out there to make a grown man weep.

In the coming pandemic economy, how do you guys see jewelry insurance faring?

>>17459428
>have business degree
>manage to not learn anything about business or supply chains

How good is this return rate?

115% 2020
145% 3 months
240% one year

2019 risk/reward
32% risk
70% return

>>17459496
Solano County. It's probably already spreading among the San Fran homeless

>mfw just found out that many hedge funds still in denial mode with their long positions
friday is going to be and epic meme

>>17459497
Watch the earnings reports. I'll still make my money. I'm not implying crash but I am looking at companies losing cash because of this.

>>17459510
not trying to troll. It's hard to tell and people on her have said with small spec money it's easy as fuck to go up huge for good traders.

I'm wondering if these are any good or not in the scheme of things.

>>17459513
Epic meme how?

GUYS

>>17459505
Not very well. You could become a jewelry buyer and lowball people and get PMs at a discount. I was considering sales myself but the economy was already tapering before the corona virus so that's a big ole no for me.

>>17459522
Those are expected. I'm more interested in what the Fed has to say in coming weeks.

>>17459533
It's fucking happening. Get the fuck out of this market if you value your money.

Parabolic moves end when the confidence that the parabolic move can't end becomes the consensus.

>>17459299

you’d have to transfer funds out of your crypto account to a bank account, and then from a bank account to a broker.

Most US brokers will front you the money while the bank transfer is still clearing, so you’d be able to start trading within 3-5 business days.

>>17459533
this
>>17458848
is going to cause panic selling tomorrow if it's confirmed as definitely being community transmission

>>17459513
Lol they're probably getting greedy. I cleared out my longs except for NSRGY. Probably won't see any considerable bounce back within the next 2-8 months on those best case scenario.

>>17459423
If everybody thought like you, we'd have no apples (not the tech company neet)

>>17459414
this virus could be a double whammy. crash the market so people cant pull their funds and retire. and the virus then kills you so you stop using up limited resources. if you survive, youre still broke because of the market crash and now need to work for spare shekels.

>>17459538
Good point. They're probably going to screw the American people even more long term because of this. Things were bad enough before the virus. We were just about reaching economic tapering but man. QE might mean a move of location for me. They better not bail out student loan debt either, or any debt for that matter.

>>17459510
No one knows. You can't find any good stats to compare yourself to. Some people here have done better than you, most have done worse. If that return is sustained, in a few years money will be the least of your problem. If it isn't, you know that it's incredibly hard to sustain that type of return for long periods of time.

>>17459554
It has been cross confirmed now by UC Davis Medical Center

The patient was "transferred from another Northern California hospital" on February 19th. One fucking week ago.

>>17459486
Unless it kills us all it will come sweep, fuck the economy for that time but not disrupt the US system. One thing's for certain China isn't going to face an unemployment problem which is what drives recessions everyone is waiting for the Chinese to start working again.

>>17459580
-.08% minimally EOD 2/27

>>17459530
https://www.bloomberg.com/news/articles/2020-02-25/hedge-funds-ramped-up-leverage-in-stocks-just-before-market-rout
pretty much re-iterates what my old college bros are saying

I literally can't wait for this shit to happen. I am making a folder full of ironic "just buy the index" memes so I can dab on you faggots after this is over.

Oh what is that? You just bought the index because you're a hodl tard and now don't have any money for retirement? What was that, it outperforms advisors by 7%? Was that statistic maybe calculated at the top of the bubble LOL.

Give me my 1.5% now bitch so I can manage your portfolio with my quant software and you don't have to retire on social security. Muahahaha. Dumb niggers, thinking the markets a casino and not math.

>>17459563
well, you cant.. especially now suddenly. unless i missed the memo where apple said they were opening up a new manufacturing plant in india or some cheap labour shithole, theyre on the hook for underperforming the next few quarters.

>>17459537
I'd be doing software dev for them but it's just a contract anyway. Pay's good but might not last.

>>17459580
>contact droplet
oh lol so all the staff were just using a facemask then?

>>17459597
I'm not saying Apple isn't in for some hurt, but this isn't organic loss of business or brand degradation (aka Blackberry). Once Apple pulls their head out of their ass and produces this shit locally, every pig ignorant Tom Dick and Harry (and every THOT on earth) is still going to line up and pay $1000+ per phone per year.

>>17459595
Manage my money

>>17459611
Bring in what you can. I had to work a pizza delivery job this past month just to somewhat meet my numbers. Sucks but you gotta do what you gotta do.

Where my divy anons at? ready to weather the storm and collect discount shares

>>17459622
apple will never move production of their phone back home. it would cost too much to manufacture it in the states. im expecting some biopharma to move back though, and maybe a few select other sectors that are vital for america but not manufacturing.

>>17459505
They jewry will be just fine anon. The have a whole ethnostate to flee to.

>>17459595
I'm making a compilation of retards here that bought the top. Folder is over 30 posts deep so far

>>17459415
I tried weed (stocks) once.

Once

>>17459622
Apple will bleed cash probably if they do come local. Their margins will look like trash compared to what they were.

>>17459510
>>17459527
>>17459577
There's obviously a very high survivorship bias here, we never see the countless people that lost all their money and got out. The strange thing is, we rarely see people that have made a ton of money either. To me, that indicates that achieving a high return long term is very difficult and most people fail in the process even if they initially do great.

>>17459580
Fuuuuck man anybody who shows up at my hospital in Hawaii if they from asia they go in a airborne isolation room until we have a plausible diagnosis for their symptoms.

>>17459595
THe irony is that ALL the target date retirement funds from Vanguard, Fidelity with huge expense ratios are all getting equally or worse clobbered than dumb Index meme funds. When the smoke clears, very few Hedge fund managers are going to be able to explain their ridiculously high fees.

>>17459580
Not only that, but when that transfer happened, the patient had already been intubated and was already put on a ventilator. From infection to that level of severity we know takes 2-3 weeks at least. So exactly how long ago did the community transmission occur?

>>17459632
I'm literally not allowed to, and it sucks considering the huge amount of information I've dropped here over the years.

If you honestly want a good recommendation though, go with these guys
https://www.crescat.net/
Best performance of 2018, their information is god tier.

futures getting absolutely fucking wrecked here lol. jesus fuck i bet the normies who show up everyday to work at 9 and check out at 5 have no idea whats coming up.

........
http://archive.is/uub2g

How come I don't hear back from these guys? Huh?

>VOO 1% away from my first long term entry
Let's gooo

>le buy the dip faggot
yeah, faggot

>>17459690
Just like "Mark Baum" said in the Big Short. Nobody had a clue the kind of stuff going on but they'll still walk around like they're in some Enya video. To paraphrase. They were getting screwed BEFORE the virus. Imagine how bad it may be after.

>when you realize the 10s were actually our Roaring 20s and the 20s are going to be the next Great Depression

>>17459707
whew he probably necc'd himself

>>17459666
Truth. I obviously don't trust it yet. It feels uncanny to go on a run like this. Every move works. It's incredibly dangerous to think that way though.

>>17459680
Yup. The big guys also like to make huge deals with brokers for kickbacks for their managers so they don't have to pay them as much but they will still make money. It's garbage, I feel so bad for people who aren't financially literate.

Post your losses, cowards.

>>17459621
Yes. That would be typical. They obviously switched to airborne after. This was a transfer, but it is particularly bad in the emergency department because you don't know what is coming in, so you end up with exposure to all sorts of stuff that warrants more than standard precautions, but isn't obvious until you get into an assessment such as TB.

>>17459685
What do they charge? And what are typical roi? Will they even touch me if I only have 100k?

>i am smart but i dont know why so i post le soijack

>>17459697
>almost $20 down from my average holding price

>>17459718
Stock portfolio is up.
Lost on playing BTC halvening though.

SNSS at $0.50 bro who is holding 15k
show me your SNSS folio for today bro

i live SNSS vicariously through you

me and my 200 stocks (bought at $0.88)

>>17459718
I bet y'all cowards don't even smoke crack

>>17459711
i dont even think my normie friends have any clue whats going on right now, kinda weird thinking it might be a catalyst for mass unemployment of these shitty low pay desk jobs that corporations fire in these times to preserve capital.

>>17459597
Apple is moving to Vietnam. Why the fuck are speculating on this shit if you don't follow the news?

>>17459736
>BTC halvening

>>17459718
That was me, lmao. I closed them out on the first pump and liquidated everything on Friday, kek. I've been buying and selling SPY puts ever since baybeeeee.

>>17459580
Source?

>>17459694
How come bearfags are nowhere to be found except when there is fudshit like this?

>>17459522
That should be baked in well before earnings, at least for the apples and Microsoft’s and MasterCards that are getting out ahead of it now.

>>17459651
Add me in there you smug bear fuck
>he bought?
I bought

ww@

>>17459717
I AM one of those dumb financially illeterate index investors. I have the 70/30 stock to bond ratios plans. Current worth is around $1.9MM. I won't even tell you what I have lost these past few days, but I am sitting comfy overall. I have high income, am 10+ years from retiring in a job I love, my house paid off and contracts for my services for at least the next 2 years in writing. I have no reason to sell now and I believe a 10 year time horizon is not worth the risk of swinging into more losses. I am King Boomer HODL now and I firmly believe in the supremacy of the US market for at least the next 40 years (all my Index's are US tilted)

I am going to start looking into Crescat Capital for advice. I appreciate the link Fren.

>>17459718
I'm down like 14%

>>17459741
Their problem not yours. I've met enough careless people that are out of touch that their carelessness is theirs to bear. I'll probably end up managing their finances though.

Should I trust that AH action on REFR? It's down another 10% after hours.

>>17459822
Don't buy shit we are going down way way more

>>17459764
Because they're sad people, actually, it's mostly just one faggot. When the bulls are winning it's all lighthearted japes, when the bears are on top it's just faggotry.

>>17459727
Oof good question, I've never contacted them so I don't know what their minimum is. It probably is higher then 100k though unfourtunantely. In that case I would recommend finding a good local advisor that is independent in your area.

Anyone here use TD Ameritrade?

>>17459831
Post predictions:
>Thursday: AAAAA
>Friday: aaaaa
>Monday: we back?
>Tuesday: AAAAAAAAAAAA

>>17459716
I have the same problem, I don't know if it's luck or skill and I constantly worry that it's the latter and my luck will run out. I think most returns are rather inefficient since money managers cannot heavily bet on any one stock. Retail investors have a higher chance of getting in early on something like Amazon, Google, or Tesla and outperforming the market though making them a higher percentage of their portfolio, but it doesn't explain why professional money managers basically have a worse chance at selecting a good stock than if they randomly guessed. It doesn't explain why basic indicators seem to give a great advantage that doesn't translate well into the trades of professionals.

The whole thing is a mystery. I'm not going to pretend I'll keep making this high of a return forever. I'm going to set aside money and put it into ETF and other investments I won't actively manage. I won't risk my portfolio on what I think is a sure bet if I am already rich. If successful, I will make money, and mostly get out of trading. I don't need to be a billionaire, I just need a million dollars and normal compound interest.

>>17459818
yeah i know, its just interesting to think about it though, like what their perspective is right now. the older i get the more i realize that knowledge is real power. with knowledge/education you are allowing yourself to make better informed decisions with everything you do which compound to add up to large scale decisions. whereas if you plateau in your knowledge/education you are on a loop constantly only able to make basic decisions and not reaping in that compounding effect.

>>17459763
https://www.davisenterprise.com/local-news/newly-diagnosed-coronavirus-patient-being-treated-at-uc-davis-medical-center/
http://archive.is/BtKuU
https://nypost.com/2020/02/26/coronavirus-outbreak-first-case-of-unknown-origin-reported-in-california/

>>17459850
yarr

>>17459850

YES

>>17459718
im down like $900 on $10K principal. I took out $5K recently to pay off my tuition. i might have to use a line-of-credit to pay off tuition for next year. The plan was to use 0% interest gov loans for the bulk of my tuition and use the rest of money to invest and double it so I won't have to use line-of-credit for 3rd and 4th year.
went back to school for a professional program after an deadend entry-level job for a couple years and i really should have thought more deeper on the opportunity costs of going back to school

>>17459855
yeah. It's tough

I want to be the freak organism in the ocean that looks like an alien with random appendages. Just beat the market in the weirdest ways with no competition.

Pretty much my entire strategy is to ignore all traditional investment strategy.

>>17459851
>Wednesday: Aaaaaaaa
> Thursday OMG STOP AAAAAA

>>17459850
Yup. Left RH a while back. TD is wayyy better.

>>17459858
Correct. Except not all knowledge is beneficial. Understanding is important too. Entire cultures have suffered due to the lack of these two. It's even in the Bible.

>>17459738
He lost about 3.5k today. Will lose the rest in the coming weeks

>>17459831
I already sold last week. I'm 90% cash right now, but I'm still holding on to my memes. I don't even know why. Getting pretty JUST'd on GALT.

where is broke college boi anyway, haven't seen any galt shilling lately, did he finally admit to getting btfo

/smg/ getting real depressing bros guess we really are in a bear market

My company is split in 2 departments, the one doing really well now are land development and they're hyper cyclical. Right now they're the most arrogant POS on the planet, because they're making millions copying and pasting the same lines of text. I just want to see how they act after half of them get laid off. A bunch of them took stock options compensation instead of real money last month.

MANDATORY READING

EVERYONE IN THE MARKET MUST READ THIS

7 days in hospital.

>>17459792
Nice, you're doing really good anon, just knowing proper portfolio allocations and having bonds at all in your portfolio to buy the dips is putting you leagues ahead of most people I consult. Crescat is fantastic, I hope you find something worthwhile for your portfolio out of their data. If you have the brains for it DIY retirement folio's can make you a lot of money, the one thing to keep in mind though is managers often have access to much better systems then you because they can afford them, personally we spend about 300k a year in overhead for tech costs alone because of all the systems and data we are using to better refine our models.

If i had to give you one piece of advice though, it would be to really consider looking into more and better bond holdings. Rotating into bonds is a great way to time the market without facing all that risk since it's just opportunity cost, and saving yourself that 10-15% on the downside even could propel you into a whole new income bracket by the time that 10 years is up. Retire with caviar and champage instead of wine and cheese.

>>17459666
>>17459527
>>17459577
>>17459716
>>17459855
I've had my own journey. Started just passive investing buying stocks. But I picked a lot of bad stocks for years. Then last year I started doing options, again I lost a ton of money. I lost 35% of my portfolio. Then one day I decided, FUCK IT and sold everything and redid my portfolio completely, based on research I had done over the years. Since then, my portfolio has out performed the market. I was doing very well until last week, until I got too greedy, I knew there was going to be a dip (not this big) but I still bought in a bunch of risky positions. Obviously those failed and I went from +20% YTD to +2%. However, I'm still net positive (even if barely) and my YTD is better than S&P500 which is at -3% now. I think this is a really good chance to buy the dip on some rock solid companies (like Coke and Apple). Sure, it could go down more, but if you hold stocks it will eventually come back. Or it means you bought the dip and made an instant 10% return with low risk.

>>17459953
The don't test dont tell policy of the CDC at work. Clusters are probably 5000 cases in USA right now. This was just one that was close to dying so it got caught.

>>17459718
-12% on oil. I exited everything else last Thursday and Friday. Except for a small position in Ritchie Brothers Auctioneers, which I expect to crush earnings tomorrow after close. Of course if tomorrow's feel is bearish enough it won't matter much. I got a sentimental feel for this particular stock and wanted to give it a chance for earnings.

>>17459738
For one beautiful moment it looked like we'd close above 1.10 today.

We're still well positioned to keep climbing though.

>>17459934
Always opportunity.

>>17459965
the best thing is feeling compounding returns in real time, trading day by trading day, on this insane run. A 3% one month is not a 3% the next month.

>"first" case originating in US had to be immediately put on the ventilator
so, if we believe the statistics, between 30 and 50 people are out there walking around the streets and offices thinking they have the cold or flu for each person like this.

>>17459989
More

That person was in ICU care since Feb 19.

That's 2-3+ weeks into a serious case

That means the person is early generation

It's more like 2500-5000 out there, with a lot about to join him in ICU

>>17460001
>>17459989
to elaborate

The R0 Value is MUCH higher before people know there is coronavirus in the area.

So this was spreading at 8+ R0 since Mid January.

>>17459989
>between 30 and 50 people are out there walking around the streets and offices thinking they have the cold or flu for each person like this.

30-50 right now? Or 3-4 weeks ago when this guy was infected from what might have been 30-50 people at the time?

It has been 1 week since this guy got into the hospital and it would have taken like 1-3 weeks for him to have any symptoms before that, right? What's the fastest be could have had it? Because he may have had it for 24 days without symptoms.

>>17460001
inb4
>San Francisco mayor orders all citizens to self-quarantine in their homes
>"what homes?"

>>17460014
Also healthcare workers potentially at two hospitals. Even with precautions at the 2nd hospital healthcare workers would be at risk of making mistakes.

>>17459934
Its going to be fun watching people buy into false positives for a while.

>>17460022
It wouldn't be San Fran.. we are talking USA by now.

4+ weeks of spread. People travel. Even if you quarantine SF, any city pretending coronavirus isn't coming or there already will have high R0 spread.

>>17460022
Good point. RIP anyone (over 45) in city/urban zones with homeless

>>17459934
Sounds like a buy signal.

Does anyone else own any shares of inverse etf funds?

>>17459934
Doing good here

Don't know what I'm doing though I'm just shorting the spy plus throwing money at stuff people talk about like snss

This is known in pandemic literature but governments quarantine late, and lift it early.

The time to quarantine and create maximal social distancing is before you detect a cluster for obvious reasons.

AKA.. if you wanted maximum protection you'd alert entire country to begin social distancing, ending all public events, etc.

>>17459987
We’re technically oversold, and we never know when Powell will pamp eet or trump will announce that India is buying all our sick military helicopters and shit.

This looks to be a terrible time to make a bearish entry. Though an SH hedge to ride this down a bit is tempting.

>>17458829
I've been warning you for a week bro. This isn't normal conditions, the machine has STOPPED.

>>17460045
Yes.

>>17460052
You mean you wouldn't avoid testing people for literally weeks and forbid anyone from doing their own tests like the CDC did while refusing to test anyone who had obvious symptoms of the virus?

>>17460054
I'm makings earnings plays underneath my market selloff plays. Screw off xoomer

Completely new to investing. I got 5k. Where should I start? Someone said index or mutual funds?

>>17460081
Link to this dude so I can read his document pls

>>17459099
>>17459170
LMAO are you guys telling me that me retarded smoking habit might actually save my ass if I get infected. This is epic.

>>17460062
The music is screeching like a demon right now. Not even stopped. This is not just financial pain we are going to experience.

If this goes towards worst cases, and it's heading there, it's millions of dead, in USA minimum 500k. Lots of young people too.

1/50 of young people dying is still a fuck load.

>>17460093
start by not doing anything for the next 2 weeks and watching the market

>>17460076
Well that's just another thing that made no sense. Not to mention test kits being defective. They should probably find a very painful punishment for the person in charge of that idea

>>17459988
>>17459988
I bought TSLA at 300 but got cold feet like a retard and sold. However I got in SPCE at $7 and it exploded my portfolio. I 100% believe its going to hit $50 this summer when Branson does his flight. I also got back into TSLA. You NEED these companies.
Quick facts:

TSLA - Battery Day April, over 500k cybertruck orders, Model y production starting early, new gigafactories, new megapack power stations, the boring company. Semitrucks soon. Fully autopilot in a few years (ahead of the pack).They are not a car company, they are an innovation company that will invent many new technologies we will soon all be using.

SPCE - Space tourism + hypersonic flights (think LA to London in 5 hours instead of 20). They have 1 ship tested, a scond ship testing right now, and a third ship almost done. Massive booked clients, starting flights in 2021. Backed by Boeing, hires NASA scientists. Completely vertically engineered manufacturing system and modular design, TSLA for jets. First to market to a trillion dollar industry.

>>17460081
Macro voices is pretty sharp
I came to the same conclusions independently and listened to him talk about it. He was pretty spot on actually.

Hope he gained big too.

I think I may have taken bad boomer advice. I have a Traditional IRA and now I'm not sure if what I should have gotten in a Roth IRA or just stayed the fuck out until my debt was gone. Is it possible to get my money out of this thing without getting cucked? I put in 5k based on boomer advice 2 years ago. I am currently up to 5750. I just want to get my money out and throw it at something safer like my student loan debt. Do I still get tax cucked if I take out the 5k I put in and leave the profits for the jews?

>>17460093
No. No please listen to me. Avoid the market right now. Avoid the market until the Coronavirus fears are GONE.

it's not about the virus. It's about fear and uncertainty. Nobody can predict what's happening to the market, other than it's complete chaos. You won't time it, don't try to catch falling knives.

>>17460130
>Do I still get tax cucked if I take out the 5k I put in and leave the profits for the jews?
Yes, I told you this last time you asked
just don't make the same mistake in the future

I'm putting 500$ into inverse ETFs tomorrow

>>17460130
kek, early withdrawal penalty
roth has no penalty on withdrawing principal after some time

>>17460119
I love Tesla
I'm not buying it until after Q1 ER in this world. 250->550 was my run.

It's an amazing company but the $700+ range right now doesn't make sense. I am a $5000 2025 bull though but I also want to trade.

>>17458848
>CDC: "GET HYPE!"
My body is ready

>>17460119
Put in 2k and it sat at 1600-1800 for like 2 years. Got out when I made 200 dollars.
Got Tesla at 300, got out at 600.
Got Tesla at 700 after spike and sold when it went back up at 830. Yummy in my tummy.

Tis a fun dance. Waiting for the next cheapy paltuea because I am a market timing degenerate.

>>17460044
Go long when 90% of /smg/ posters are claiming they're short.

>>17460110
>>17460135
Ok sirs I will wait. But what do you guys use to invest? Any apps, or certain websites? Or do you go to a bank and tell them to do it for you?

FUCK

DOES ANYONE USE SCHWAB STREET EDGE?

Is there a way with schwab to set limit orders that trigger both during and after hours?

I got fucked into bag holding half my Disney position because I can’t do this thriough the regular channels

>>17460119
I don't want to get into it but you're wrong about SPCE and if you hold it long enough, you're going to get burned. It's like Tesla if everything the bears were saying about it was one hundred percent correct. Talk to someone who really understands rocketry and ask them why Virgin won't be first to market with hypersonic flights. Ask them about the difference between reaching space and reaching orbit and if it's even possible for Virgin to reach orbit with their technology.

>>17460176
I use Robinhood myself. Honestly haven't frequented biz in a few years (until this month), so I don't know if that's what all the cool kids still use.

>>17460093
SAVE THE COW
INVEST IN CURRY
GARLIC NANN ON THE RISE
NEVER THE TOILET OR TOILET PRODUCTS

>>17460210
kek

>>17460187
Street Edge sucks fucking dick but you have to do a conditional order with two seperate legs, I think. You might need to make the price different by like 1 cent or else it might not work. I dunno, Street Edge just really fucking sucks.

$20 3/6 put TRIP
Free money

>>17459985
Remember Remember the 3rd of Marchvember

>>17460176
>Or do you go to a bank and tell them to do it for you?
never do this

use a brokerage with no commission (schwab, ameritrade, robinhood, webull, m1)

>>17459905
is fine
is all green frm $0.50
is only smellz

We're going to drop below 3000 and then shit's going to hit the fan. It could be another 500 from there before the bleeding stops.

>>17460119
These companies will never be profitable and survive solely on memes. Not saying don't buy, just go into it knowing that.

>>17460210
Mm, could use a mango lassi right about now.

>>17460225
Fuggg

Hey thanks, I’ve had no problems with Schwab, and I even like some features of their mobile app and web app. But if street edge sucks than all of the interfaces kind of suck.

I can’t believe fucking Robin Hood does that and they can’t

>>17460271
Yeah, hopefully with the TD merger they can bring the Ameritrade zoomers in to update their cutting edge 2003 interface kek. As a broker, I like them, I just hate streetwise

>>17460258
I was reading a risk guide for pandemic by experts.

It was fucking awful. The economic section had nothing about supply chains or other factors.

They predicted OIL would rise in price.

I don't think anyone had proper modeling for this.

>>17460281
But you still use it rather than the web or mobile apps. And haven’t switched brokers?

Bear markets can last on average for 4-16 months, the everything bubble is popping right before your very eyes. Given the current state of our crumbling economy - its safe to say there is no good news coming over the horizon for at least some time, that's why I fucking liquidated EVERYTHING.

It's happening anon. This is the beginning of the next great depression. Stock up, prep yourself for rough years ahead, food shortages, water shortages, global economic instability, war, pestilence, death. It's finally happening, this is the beginning of the end times. We didn't listen, we didn't care, and now we will pay the price for our greed and destruction. The whole system will collapse, society will crumble, knowledge will be lost forever and humanity will never recover.

>>17460289
The oil thing is a recent change due to the Permian

>>17460297
Can I pay you to stop posting this stale copy pasta? It was never funny.

>>17460300
why would oil go up in price during a pandemic though? I guess they assume the middle east goes tits up?

>>17460196
They aren't Space X. They aren't going to orbit. They have a working system. Your impression is totally wrong, so obviously the company looks terrible. I explained why its good, but you didn't counter any of those points. I can give even more reasons like the fact their valuation is ridiculously low and that their volume indicates a strong floor over $20, even during this panic sell off.

>>17460264
So what if they are memes? They have massive REAL demand for their products. How many bears need to go bankrupt before you stop believing them?

>mfw I bought the dip

>>17459487
This guy Zeihans. Absolutely based.

>>17459718
Down 5% total. Just throwing money into things I planned on longing anyway.

>>17460335
Post your face under that mask

>>17459718
Down about 12k since this shit started.

WHERE IS THE PPT?

A WOMAN WORKING AS A TOUR GUIDE IN OSAKA JAPAN HAS TESTED POSITIVE FOR COVID-19 FOR A SECOND TIME - NHK

>>17460389
ill test her coviddies for a third time to make sure

ITS OVER

what did futures look like in december 2018, did we reach that level yet

>>17460408
I'm so happy. Only another 20% drop before things are reasonably priced.

>>17460435

In late 2018 the US500 futures delta was about -600 in two months. Right now it's about -300 in less than a week.

>>17460176
Fidelity has no fees and no minimums for their mutual funds. I recommend them, but any of the no fee brokerages will work.

>>17460408
Anon you don't need to post screencaps of futures every 3 hours. We're all watching them.

How do I unload my calls that are declining in value without getting raped market selling them?

>>17460291
The quotes on the mobile and web apps are mega delayed. I was going to switch but it's too much effort, especially considering that they'll probably roll out SteetWise 2.0 this year or the next. I'm just lazy, is all.

>>17460435
We've now reached about 10%. That's half of the ENTIRE 4 MONTH 20% move from 9/16/18-12/16/18, in less than 1 week.

>>17460435
dow dropped 5k in the entire month of december, now it's dropping 3k in 3 days

>>17460477
you can't, lube up

>>17460313
It's happening anon. This is the beginning of the next great depression. Stock up, prep yourself for rough years ahead, food shortages, water shortages, global economic instability, war, pestilence, death. It's finally happening, this is the beginning of the end times. We didn't listen, we didn't care, and now we will pay the price for our greed and destruction. The whole system will collapse, society will crumble, knowledge will be lost forever and humanity will never recover.

>>17460323
I've literally spent hours of my time educating people on why SPCE doesn't have a viable business model and it doesn't work, I'm not going to keep doing it. You've received a fair warning and something you should research before deciding you're going to baghold it forever. It's unfortunate that most SPCE fans missed out on TSLA and use every move of mental gymnastics to try to justify why it's the next TSLA when the Tesla of space already exists, it's SpaceX.

Very quickly:
>Air flight tourism never worked out because the vast majority of people are tourists for a specific destination they can spend time in, they don't want to get on an airplane for a few hours and go home, even if it's an exciting trip and few people will spend a million of dollar to do that even if they get to spend 15 minutes in space. The true market for space tourism will always be getting into orbit. The people can afford to pay a million dollars for a flight will easily spend much more money getting into orbit.
>SpaceShipTwo is slower than a Concorde jet and literally a hundred times more expensive than a seat on a Concorde was. The problem is that Virgin's business model will always be slow because it has to launch from a high altitude using a rather conventional plane and it greatly slows down their speed even if the aircraft itself is faster.
>Boeing is a joke of a company in terms of spaceflight, they're only competitive because of government contracts and their small partnership with Virgin means nothing. Anyone can hire NASA scientists, the fact remains that Virgin has spent ten years building something that is going to be replaced by real rockets like Starship that will be made cheaper as well. Their client list doesn't matter when they can barely turn a profit on their flights, even if it was all profit, it will take years for them to get through their waiting list and the total sum received is not enough to warrant the valuation of the company.

>>17460464
>>17460481
>>17460482
hella based, cheap shares soon and easy money on the way down

Second question, I feel like there's got to be a more efficient way to take a bearish position than sqqq calls. Is it better to just buy puts on stocks that are probably going to tank?

>>17460495
>>17460323
(2/2)
By the time they get through their wait list, Blue Origin and SpaceX will have already taken over the space tourism market and Virgin will not be able to compete with them without building their own rocket, which would take another ten plus years. SPCE is a meme.

>>17460532
>>17460532
>>17460532
>>17460532
NEW
>>17460532
NEw
>>17460532
>>17460532

>>17459739
you'll* cowards

>>17459085
Based Boomer

I'm 24 and I know this Weeb site has power, far more than retarded websites based on "likes" and upvotes.

You'll get the unpopular but true opinion.

Also, you'll get fuckin retards telling you to buy crypto that will ruin you financially.

It's a double edged sword

>>17459176
Name :)?

>>17459297
Maybe their metros will thin out as well in Nihon