/biz/ - Business & Finance

FUCK TRIPFAGS AND FUCK WEEDFAGGOT

>bears btfo!

>>17460541
good night faggot, sleep tight niggers.

>mfw spent my 5 children's college funds on $100 AMD calls expiring 2/28

>>17460532
Too late to stock up on precious metal ETFs? I bought some in early 2017 and I regret not going all in.

>>17460551
your first mistake was having a child
your second, third, fourth, and fifth mistakes were having 4 more
and then there's the calls lmao

just starting option trading, where do you guys trade options? Robinhood seems good because 0 fees, but their volume seems low. are options volumes normally low?

SNSS
N
S
S

IS STILL NOT CORONA INFECTION VERIFIED

SNSS IS STILL THEORETICALLY CORONAPROOF

SNSS ON THE 3RD DAY OF THE 3RD MONTH WILL RISE AGAIN

SNSS SNSS THE LAZARUS MOONMAN

Yellow fever edition

>>17460567
all options are sourced from CBOE

FIRST FOR 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. At least I can rest easy at night in the meantime knowing that my generational wealth is secure in TMDX.

What happened to the hentai in the op

>>17460551
how much for your two youngest
gender does not matter

Going to buy short calls on every momentary bull trap and ride the market down for the next month, you haven't seen nothing yet.Cases are just popping up in the bay area, its unironically about to hit the fan. I predict a bear market for the next 6-18 months

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

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

>>17460586

>futures
Holy fuck there really is no floor huh

>>17460604
Hell yeah dude, we've been due for a hard landing for five years. 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.

>>17460619
>Going to buy short calls on every momentary bull trap and ride the market down for the next month, you haven't seen nothing yet.Cases are just popping up in the bay area, its unironically about to hit the fan. I predict a bear market for the next 6-18 months

Why delete? Very bearish, I am literally shaking atm.

>>17460512
>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?

I bought puts to hedge my 401k, because these faggots take 2 weeks to rotate positions and take a 0.5% management fee. Effectively taking out from a tax free account and getting taxed. I'm rolling this over to a Roth IRA and managing it myself. Fuck 401ks

>>17460616
>oly fuck there really is no floor huh
of course there is. Expect 3000 to be defended at least once before it hypothetically breaks.

>>17460586

>>17460588
https://www.dummies.com/personal-finance/investing/investing-strategies/the-u-s-options-exchanges/

this says there are six options exchanges, and CBOE is just one of them. which one does Robinhood source from?

Why doesn't Trump just shut the fuck up for once? Every single time there's a "crisis" or a downturn in the stock market, he speaks and it tumbles further. This guy thinks he's completely responsible for the bullrun, but he's clearly responsible for these reactionary dips as well. When you need someone to inspire confidence he does the opposite and makes bulls seethe at least.

Is Trump losing reelection now?

F

It was a pleasure shitposting with you gentleman I will see you on the otherside when the market hits 0

>>17460616
as long as this shit disrupts trade and travel to and from china, potentially cancels the olympics, spreads further in the US there is no floor. If it does continue to get worse stocks will continue to tank as economies slow down. To be honest, this is overdue anyways we have been due a slowdown in this bullrun so that's probably contributing to this as well.

>>17460480
Laziness is why I’ve stuck with schwab too. But the merger could take ages, and I don’t think they’re in a rush to roll out the shiny new interface. Sucks but I may have to get a TDA account.

>>17460314
Yes
I assume it certainly could go up in markets that are dependent on foreign oil.

>>17460586
Based

>>17460619
>>17460589
Kind of flattered when I see my images reposted.

>>17460669
Democrats too incompetent to take advantage.

>>17460668
has nothing to do with Trump doesn't matter what he said

>>17460669
Let's see in a month or so, honestly if we're on the cusp of a recession, there's no way he gets re-elected, and even if there is a downturn, his cult of personality will just blame it on the Democrats.

>>17460659
CBOE is the most popular, exchanges either sell their flow order to the highest bidder and take the rebates or try to give the customer best price execution with routing technology. Robinhood is notorious for screwing over customers with price execution to collect a good rebate. I use Interactive Brokers now

holy shit fuck this fucking market

>>17460688
Oh it absolutely does though, if you were watching futures as he was speaking, they started to tank. The guy doesn't know how to calm people down and portray a message of confidence, that the government will deal with any potential spread of the virus and they have contingency plans in order, but instead he looks like a bumbling fool that knows nothing about what he's talking about.

If Trump were smart, he would have just made a brief statement, took no questions and instead let his advisers and heads of his federal departments with actual knowledge and expertise do the talking, but this is Trump we're talking about and he only cares about himself. This was like the first time Trump has EVER done a press conference in the west wing press briefing room, or at least the first time in years he has done one.

As usual, Trump should just shut the fuck up and stop fucking with our gains.

>>17460669
Too early, but if we enter the fall with the economy doing anything other than booming he has no chance.

>>17460704
>he didn't continue to buy the dip

Nothing personnel, kid.

If you weren't investing before 2009 then you need to drink a cup of piss and humble your damn self. This DO BE the end time right now y'all.
The time to sell was months ago. We erased three months of gains in two days. You should have sold three months ago bitch. And to here hoping to recover your loses?!?!?? Bruh I'm thankful to be within 10% of the top at pullout bruh u should be too it's all goin down down down down down down down down the fucking FED RESERVE YOU DUMB FUCKS. HOW YOUNG ARE YOU LITTLE ASSHOLES???? THE FUCKING FEDHAS HAD SHIT SET TO SUICIDE BUBBLE MODE SINCE BEFORE JUSTIN BEAVER HAD PUBLIC HAIR. DO YOU NOT FUCKING UNDERSAND???????? ARE YOU NOT GETTING IT???????? WHAT GOES UP MOST COME DOWN OVER A LONG ENOUGH TIMELINE YOU KNOW OVER DAY THE MARKET WILL BE ZERO, LITERALLY. AS FAR UP IT DOES GO IS HOW FAR IT willllllllll gooooooooo DOWN one DAY. that's not bullshit that's a fact. THIS IS YOUR ONE AND ONLY CHANCE. SELL. YOU WILL BE CRUSHED AND TRAMPLED. ANYONE WHO ISN'T LOCKED IN TO SOME FUCKED UP DESPERATE RETIREMENT BOOMER SCHEME IS GOING TO REMEMBER 08 AND FUCKING BUST OUT THE GATES BRO. YOU AND GRANDPA HOLDING THE BAG. THEY'RE GONNA BURY YOU. 08 09 HAPPENING. WATCH APPLE. HAHAHAHAHA WATCH TESLA HAHAHAHA. GOOGLE FACEBOOK. PLUNGE PROJECTILES I CALL EM, CUZ THEY'RE GONNA DROP LIKE ROCKS. BOOOOOOOOOOOOOOOOOM NOOOOOOOOOOO ANON STOP WARNING ME IT MAKES ME SAD WAH I'M A REDPILL MILLENNIAL ALPHA TRADER WHO TRADED IN A MARKET WERE A BABY WITH A DART BOARD COULD MAKE MEGA MILLIONS WAHHH I'M BASED WAHHHJ NO DON'T BARE BADNEWS ONLY POSITIVE CHILL VIBES BRO WE'RE HERE LOSING MONEY WITH FRIENDS IN THE EASIEST FFFFFFFFFFFFFFUCKING MARKET IN HUUUUUMSM FUCKING HISTORY YOU ARE GOING TO GET FUCKING MURDERED MURDERED MURDERED

>>17460706
CONSOOMER IS STROOOOOONG
BOOYAHHHHHHHHHHH

Any day now Trump is gonna go on a tantrum rage at Mr. Powell and blame him for the stock market. That tweet yesterday saying the stock market is doing fine and coronavirus is no problem was hilarious in hindsight. Genuinely hope the fed lets this blow over and allow a 20% correction. Rate cuts are for actual recessions.

>>17460597

>>17460597
Some faggot deleted it a while back.

>>17460727
Wtf why

>>17460688
Are you retarded or just pretending?

>>17460727
He also deleted my Warren Buffet video after it had 20 [embeds] attached to it, kek

>>17460532
Buy Buy Buy!!!

>>17460730
It was Bagholder because he is a faggot with a moral objection to it.

We have to put it back.

lol china

>>17460692
thanks fren, i'll look into that one

>>17460747
So fucking shameless. The streets of 15 to 30M population centers are empty right now.

>>17460532
Fuck all you faggots
Covering up Wuhan Plague just for your fucking DOW boomer score.
Thousands of Americans are going to die just so that you can make your dead cat bounce for a day or two before the unavoidable truth sets in.
That's the worst part. It's not even going to work. The crash is unavoidable and you're just buying time to sell your own positions hoping someone else will believe your Orange Israeli and buy into the bull trap.

>>17460756
My advice, play with Robinhood with just a small amount of money. Do this for 3 months to learn. Robinhood is very user friendly. Interactive Brokers will scare away people who are new to trading

are we buying the dip?

>>17460771
No

This is the strangest "mid-cycle expansion" that I've ever seen.

What's going on here?


>>17460741
she cute

NO NO NO NO MAKE IT STOP PLEASE STOP AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>17460771
No. Is there even one person in here that will buy stocks unrelated to Coronavirus to hold long term tomorrow?

>China using a bioweapon on its own citizens is Trump's fault
TDS in a nutshell

>>17460762
you just have a cold, faggot. stop being a drama queen and take a nap.

>>17460784
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>17460784
Are we hitting 3000 tonight? Should I get my party hat ready? I really was about to go to sleep..

>>17460586
Hhhnnnnnnnnngg

Hmmmm

Now I'm not sure if I should sell Etsy tomorrow.

>>17460669
/pol/tard here
If the economy crumbles, absolutely.
That is the only tenet he has to appeal to anyone outside of his cult like base. He has failed promise after promise, and sowed more division into the country than Obama, despite being a product of that.
Dems made huge gains in the House in 18', and flipped various positions in 19' in some of the biggest mid term turnouts ever.
People are already prepared to vote for a ham sandwich over Trump. The only hope he has is of a Contested Convention. See what happens in the South Carolina primary on Saturday. If it's Bernie, he's the nom. If it's Biden, it gets a little tricky.

WHY
DIDNT
I
SELL
TODAY

>>17460823
Because you are infected with Covid-19 and not thinking clearly.

>>17460813
The Dems dont have a candidate worth shit

Time to swallow my 30% loss on SPCE and sell at open. I know it'll be just like when I sold TSLA at $230.

>>17460780
>>17460789
why?

>>17460813
Accurate. And add onto that all the dead americans from plague and the fact (which absolutely will come out via louder whistle blowing than a steam locomotive) that they knew about it and covered it up just to play games with the stock market.

10 YEAR BELOW 1.3%
30 YEAR BELOW 1.8%
OIL BELOW $48

The market can't go another 3% down tomorrow, right? And the day after that? And Monday? It all has to stop at some point, right?

>>17460823
>THEY KEEP NOT BUYING THE DIP

>>17460845
Yeah, but they have universal health care during the time of a pandemic where testing costs people $3300 and a vaccine is 1.5 years away.


You do the math

>>17460813
Trump will win re-election largely because every democrat candidate sucks. Bernie seems like he's super popular, until you realize that in every primary and caucus so far, he has failed to get 50% or more of the votes. Most democrats don't like him.

Frankly I'm hedging my bets either way. I'm completely out of the stock market now, planning to reinvest once I think we've hit the bottom. That being said, if Bernie gets the nomination I'm going to heavily bet on crypto. If Bernie gets elected, I'm going all in on cryptocurrencies to an extreme degree. Why? If Bernie wins he plans to raise taxes on the super rich.

I would assume that anyone with tens or hundreds of millions or more would want a surefire way to protect that money from being taxed. At the moment I can't think of a better way to do that than converting it into cryptocurrency. Then you can simply claim you lost it by sending it all to another wallet but you typed a number 1 instead of a lower case L (l). Thus with one keystroke you lost 500 million and so there's nothing for the gov't to tax

Also capital gains taxes would go up a lot. If you make more than 250k or 500k then your capital gains tax will be more than 50% of your profts. This would discourage investment in the stock market imo, especially the extreme sort of margin calls we've seen over the past couple years

>>17460868
It's a global recession. Not a dip.

>>17460870
How much have you lost in the last week?

>>17460869

Do you see a reason anybody would buy and hold? We might not see ATH's for years...

>>17460869
>he doesnt remember 2007-2008
zoomers about to learn what a bear market ACTUALLY looks like

>>17460869
>It all has to stop at some point, right?

Yeah, at

>0

>>17460711
i did buy the dip but it keeps on dipping

>>17460868
this is insane, my Chevron stock is now worth less than when I bought it 6 years ago

>>17460869
>being this optimistic

>>17460859
all the dead people (in 2020) will be in urban areas
city people
democrat voters
think about it

If we're right, people lose homes. People lose jobs. People lose retirement savings, people lose pensions. You know what I hate about fucking banking? It reduces people to numbers. Here's a number - every 1% unemployment goes up, 40,000 people die, did you know that?

>>17460869
I dunno, how ridiculously overvalued is it right now? Oh yeah

>>17460917
Overvalue has nothing to do with the virus.

time in the market beats timing the market

>>17460910
Yes, urbanites will be more heavily effected
But I'm in the midwest. It's going to hit suburbs just as hard.
The actual really rural population that doesn't live in a dense town are very few in absolute and relative terms.
You have already been exposed to it, too. You'll get an itchy throat in a couple days and then you'll have bigger things to worry about than your stock casino game.

>>17460928
Exactly. The virus is merely the pin and has nothing to do with how this bubble got to where it is

>>17460668
>market goes down
NOOOOO it's Trump's fault!!!! I can't BELIEVE he said everything will be fine, WHAT AN ASS HAT!!!!
>market goes up
Pff, This guy thinks he's completely responsible for the bullrun

>>17460884
ur mum is a global recession

>Trump wanted to give assurances to the public and pump up the stock market
>Today WaPo drops news about the newly infected individual
This can't be a coincidence, right?

>>17460853
Just look at futures. This corona scare isnt ending anytime soon. The nation of China is under quarantine. Think of all the production being halted. Then you need a cure, things gotta settle down. This wont be over anytime soon.
TLDR buy trip and aal puts

>>17460882
>Most democrats don't like him
he's unironically has the highest favorables of the field in polling among dems
the thing is that doesn't necessarily mean you vote for him, a lot of people unironically believe in the electability argument

>>17460957
>This can't be a coincidence, right?
Washington Post posting the story is particularly telling.

>>17460847
Then dont sell. I'm not fucking selling,


>>17460890
>>17460948
>>17460884
But theres no economic basis for this dip/bubble, or to start a new recession. People still have jobs, they still have cars and houses, and businesses aren't going bankrupt. All this did was lower the supply, but the demand is still the same.

>>17460943
hey I'm in the Midwest too !
:D
I should have a lower chance of exposure than most people around me. I live alone in my house, and I'm not exposed to people in close proximity at work. Gonna try and ride it out.

b-bros if we all buy the dip we can bring it up again

>>17460980
>47 posters in the thread
I'm in.

>>17460980
>/biz/ and wsb will pump the entire us market by buying the dip
Based

>>17460970
>People still have jobs, they still have cars and houses, and businesses aren't going bankrupt.
Study up on some macroeconomic history son. All those things you listed are LAGGING indicators

>>17460914
what race of people we talkin here?

i smell more cheapies coming

>>17460964
>Just look at futures. This corona scare isnt ending anytime soon.
Yes. Although do take a look at Shanghai composite chart. That's the type of shit that will happen if the Fed commits to aggressive QE. Market is not going to drop straight down like this without a struggle.

>>17460979
Yeah that'll work as long as you've got your food prep done and will actually stay inside. Full lockdown like that is the only surefire way to say Chinkyflu negative.

FYI I'm in Madison, WI and this town is being hit HARD because of all our chink foreign exchange students at UW Madison.

>>17460970
if stocks are overvalued compared to earnings, it is completely possible that we have a market pullback, even a big one, without people losing their jobs or their houses.
if the virus situation is bad enough to put a drag on earnings/GDP, then there will be people losing their jobs, and people losing their houses or having to downsize as well.

>>17460970
do you think that china-style quanantines and social distancing is good for demand
not to mention the chance of supply shocks if production doesnt start back up in asia soon

>>17460995
I agree

>>17460999
you're probably safe unless you've been licking the chinks
I'm south of Wisconsin. I'll still be going to work, but my food and water situation at home is taken care of.

>>17460988
Ok, then whats a non-lagging indicator? It was a red day, therefore tomorrow is also red?

>>17461003
>less than 100k sick in China land
>hit to the world economy
no

>>17461012
All demand is driven by America, not China. Thats like saying slaves drive the demand for cotton.

>>17460845
They have Bernie Sanders, he is tapping into the power of The People's Rage to spur turnout.
Under estimate him at your own peril. They said the same things about him they said about Trump 4 years ago.
>>17460859
Trump cutting funding to the CDC and other relevant organizations will be The scandal of this election, possibly eclipsing the crashed economy.

>>17460999
Oh hey, I got my masters from UW-Madison. I liked living there.

>>17461012
Time to buy funeral home calls

>>17460990
Ha ha! Excellent!
If I liked NRZ at the ATH, I just LOVE it when it’s even lower. I just buy more!

Just put $50 that had been sitting in my paypal for months into Robinhood. So how does this work /biz/? When is it time to buy? When a vaccine is announced?

>>17461038
Housing market numbers looked good today. NRZ is the only thing in my portfolio standing up right now.

>tfw market crash is going to lead to chairman bernard sanders and he will pay for my college loans

>>17461030
How about profit margins?

>>17461035
The dnc will never let him be the nominee. Never.

>Trump announces 1 trillion dollar stimulus plan next week

One in 500 Americans is going to die from this virus, that's approx half a million people this year.

GL to all the urban dwellers, Id start stocking up on essentials before the NPC's react in a few days

what exp/strike SPY puts do i buy

>>17460882
none of that free healthcare/college/loan forgiveness shit is ever gonna happen even if he wins and D's get a majority in the senate.
It will just be obongo 2.0 business as usual with a jewish twist. We will end up with a few more ultra-leftist activist judges appointed as well.

>>17461044
if the market crashes bad enough that Sanders wins the presidency, your student loans should be the last of your worries...

>>17461040
Put in a grand or two if you actually wanna make money

>>17461068
I don't think so?

How much bottled water will I need to last after the collapse?

>>17461068
How bad can it be?
>Autismo Commie Prez unveils quadrillion dollar stimulus plan
>Student loans forgiven
>Economy on the uptick again when I graduate college, great time to buy stocks just as I get my first income

>>17461028
>you're probably safe unless you've been licking the chinks
b-b-but this is yellow fever edition

did someone take the CME fedwatch tool out of the OP?

>>17461030
Don't people lose their jobs after the crash?

>>17461028
No I've got it dude. Worst illness I've had since I was 7 and almost died from a bad flu. I wore full kit. High quality mask, goggles, gloves, disinfected everything that entered my house. I went overboard and it didn't help. Tell me how I got any viral infection other than WuFlu with extreme precautions.

I have all the symptoms. Fever meaning system wide viral infection, splitting headache, itchy dry cough, even my balls hurt. We're all going to get it though and only 20% of people die from it so I'm confident I'll be okay. Better to get the first wave than the worse second wave.

>went all in on monday
>bought DOW index and some other index's
>market is tanking
>lost all my money already

Trump has done this, I'm going to take out a $100k student loan and pray Bernie wins.

>>17461111
> even my balls hurt
rip your leydig cells

>>17461111
go get tested
nice quads
also you might as well lick the chinks now if you're going to die anyway

How much liquidity will be injected tomorrow morning? Another 2-week term repo is on the schedule

>>17461058
Yeah it seems like if that can't have Warren or Biden they would prefer to run the booty judge. Bernie needs to dominate the primaries to force himself through.

MARKET ZERO

>>17461093
>>17460656
>>17460586
>>17460589
Dios Mio will these gook goddesses be available after the purge?

>>17461111
>even my balls hurt
God damn it, I already lost my left one from cancer

ALL THIS BECAUSE SOMEONE ATE A BAT

>>17461136
It's a double bind. If I get tested and it comes back positive I get hit by a gag order so that Trumbo can keep pumping his dumb NY friend's failing positions.

I'd rather not know for sure and be able to speak freely.

>>17461100
Post links.

I’d like to put together a pastebin for the OP to keep memes and hentai in the first post and the important shit backed up.

>>17461138
Where do you find the up to date info on repo operations sums?

>>17461063
I’ve seen this footage. But I couldn’t find it so thanks for reposting it.

>>17461133
Goodness. Do you think that if he ices them to reduce inflammation it might help?

Get plenty of garlic and zinc friends!

>>17461152
maybe

>>17461155
Proof that the infecteds are being gagged?

>>17461156
https://apps.newyorkfed.org/markets/autorates/temp

>>17461156
it used to be in the OP
it's a countdown to FOMC and rate probabilities at future dates
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

>>17461155
why not get medical care instead of dying though
what if you have something else
don't be a hero bro, go to the hospital before they're all overfilled

>>17461156
> Goodness. Do you think that if he ices them to reduce inflammation it might help?
Not a doctor. Saw a study or anecdata associating leydig cell damages with covid-19

>thread theme

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

>>17461170
>Why not get medical care instead of dying
I ain't gonna die to no chinkyflu. The best thing I can do is keep my fever down and wait it out. China actually cares about the Han people, unlike American government, and they can't do anything but wait it out so what makes you think America is going to do a better job than them? The best I could hope for is getting made into a guinea pig for a pharma company wanting to test out their antivirals on me.

>>17461214
the point is that they can save your testes from lesions, they can make sure you're getting enough fluids, and they can pump air into your lungs if the pneumonia gets really bad.

Also you need to consider the possibility that you have some other serious bacterial or viral infection that you need care for that isn't the 'ronavirus
If you die of something else, just because you believed too much in internet memes and didn't get treatment, you aren't going to make it to Valhalla.

>>17460712
he's right, you know.

>>17460706
>t. obvious kike

>>17460967
Yeah I mean I know you're right I just still think Bernie has an uphill battle with a lot of democrats. Especially the over 40 boomer democrat demographic. They just don't like anything associated with communism. They remember a time when plenty of Democrat presidents like JFK, LBJ and even Carter and Clinton denounced socialism

>>17461066
Nah, it would be worse. People are going to demand the change they thought they would get but never really did with Obama. A lot of his proposals would pass, modern dems and libs would try to prop up Bernie as a modern day FDR (which is the same thing they tried to do with Obama before it fizzled out). Plus he wants to clamp down on free speech by "going to war against white nationalism".

Either way it's gonna be fucking lit senpai. If Bernie doesn't get the nomination due to superdelegates, it's going to be a literal riot in Milwaukee, I can't wait

>>17460551
its ok
I made an SPY call that expires friday

gonna kill myself for being retarded

>sanders presidency
>coronavirus

it should have been super obvious to get out of the market a month ago

odds on corona-chan being an egregore?

>>17461233
Maybe I could benefit from healthcare. Or maybe I could end up in a FEMA camp. Maybe I'll beat Wuflu with my own immune system as nature intended. Maybe I'll get pneumonia and die with a mangled ribcage. Maybe I'll end up sterile. There is no way of knowing which path is more risky so I'll just trust myself more than others and deal with the consequences of that.

>>17461286
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.

Gym is suspiciously empty tonight.
Hmmmm...

>wake up from after-work involuntary nap
>futures down 1.5%
>Ciovaccio posting about bearish thrust
:<

>>17461286
>being
0%
>becoming
25% so far

>>17461293
I wish you good luck ~

>>17461312
Wipe down the fucking equipment for real today (won't help though).

>>17461300
Fucking finally. I've kept up this charade of a life for 31 years. It's time to lay my head to rest.

>>17461326
>I wish you good luck ~
Thanks fren. I'm gonna go drink some more 'lectrolytes, cause it's got what bats crave. Goodnight.

>>17461044
>tfw if Bernie pays off your student loans, you'll end up paying for them forever with the increase to your taxes.

>>17461326
Corona-chan is a girl, didn't you know women are being and men are becoming?
heehee it's a la can joke

>>17461324
Awe sheeeeeeyat. If ciovacco is bear, we should an hero now.

>>17461370
Oh I get it
It's very clever

Australian Prime Minister Morrison: "While the WHO is yet to declare the nature of the coronavirus and its move towards a pandemic phase, we believe that the risk of a global pandemic is very much upon us"

https://twitter.com/BNODesk/status/1232901396493672449

>>17461419
Based yobbo bro.

We've been due for a hard landing for five years. 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.

>>17460589
>>17460683
I reverse image searches this. No results.
Where can I find?

>>17461493
The big tiddy one is amemiya runa/Luna

>>17461030
This chart here is extremely key to understanding the doomer POV here.
The federal funds rate has the potential to create a bubble when set too low for too long. Examine this graph while I dig up a second one...

should i sell GOOG or nah

already sold off most my ETFs near the top

>>17461452
We're deep a social and cultural recession, and we might fall further still. We might never make it back to where we were in terms of creativity and openness and true connections between people in our lifetimes.

But I don't see the excessive gloom and doom about the economy; sure the market might take a big drawdown, but there aren't significant structural issues that are going to drag us down for decades to come. Don't underestimate the nerds and the beancounters too much, they can be quite resourceful to keep the wheels turning and the grand old machine chugging along.

how come google gets a 5 letter ticker GOOGL? and if they can get 5, why not 1 more for GOOGLE? and if they can have 5, why can't apple get APPLE?

really makes me think

>>17461510
And there is graph #2 for you.
Now they usually turn up the rate to stop things from getting overheated... But they didn't, because a million reasons but probably 08 made them too pussy to, or maybe the Boomer generation fucked up their incentives.. Maybe it was political. Either way, the market you see today is possibly between 30 and 50% overvalued and we will be finding out soon enough. The situation is unprecedented

>>17461214
>Communist government cares about people

Kek
Best laugh I've had all day on Biz

>>17461514
Hell yeah bro, it's completely clear to me as well that we are in a social and cultural recession, and we might fall further still. We might never make it back to where we were in terms of creativity and openness and true connections between people in our lifetimes.

But I don't see the excessive gloom and doom about the economy; sure the market might take a big drawdown, but there aren't significant structural issues that are going to drag us down for decades to come. Don't underestimate the nerds and the beancounters too much, they can be quite resourceful to keep the wheels turning and the grand old machine chugging along.

>>17461560
Kinda not seeing your point. If America cares less for its people than China cares about its people, what special significance would cOmMuNiSmS have to do with it? America has been the lynchpin of market liberalism for the past 70 years and hasn't given a shit about its people since 1965 at the latest.

But yes, the Chinese government is Han supremacist and doesn't want its people to die.

Stop posting thots.

UBS Podcast on Coronavirus
>Dr. Suzan Murray, a board-certified zoo veterinarian at the Smithsonian Conservation Biology Institute

Wtf?

>>17461379
>>17461324
Chobani said “birdstrike” that was the queue. And the part where he said “profit protection” plan.

I’m a fuckkng retard for ignoring it.
I have Zero Hedge against this shitstorm.

Time to hawk all my bags and cash for gold. Because CASH IS TRASH as Raymond Dalio has established.

FURTHERMORE the collapse in commodity (energy) prices is deflationary as fuck, is it not? This justifies further monetary easing.

I’d love to get other takes on this. I don’t know many people interested in talking about this.

Chart to follow

>>17461514
>>17461579
space is the logical next step. Why do you think the USA created the space force and all these tech billionaires like bezos, musk and the virgin galatic guy are all balls to the wall on space?

https://www.youtube.com/watch?v=fUj1-cPaFgo
https://www.youtube.com/watch?v=VGosZWBTF7A

>ESTONIA REPORTS FIRST CASE OF COVID-19 : SOCIAL AFFAIRS MINISTRY
it's spreading like wildfire

>>17461510
>>17461539
https://www.macrotrends.net/2015/fed-funds-rate-historical-chart
Nice graphs, but the reserves rate INCREASED up to 2.4% since Trump took office and we suddenly had a booming economy. They only recently decreased the rate to 1.6 so that doesn't seem like a valid reason. If anything it just means the fed has more room than ever.

Isn't it interesting that Obama took office in 2010 and the rate never went above .2% (except the last few months) yet the economy was a mess. Suddenly, Trump takes office, the rate sky rockets, but the economy does too? Obama had 8 years and nothing happened, how do you explain that? I'm not saying I know why (probably corruption) but its definitely very interesting and I'm sure we'll learn more about it in the coming decades.

the orange man just saved the market

>>17461620
also this
>>17461514
>>17461579
https://youtu.be/VlbZTyBuFlQ

>>17461605
>>17461510
>>17461379
>>17461324
>>17461048
>>17461043

SHITPOSTERS ARE ASLEEP!!
POST CONTENT AND MUSINGS YOU FIND INTERESTING OR IMPORTANT!!!

>>17461605
I forget, do you have a job and steady income that you can throw into the market if it dips or nah

>>17461620
Space is even more empty than the earth is, just much bigger. Sure there are all kinds of rocks up there, but there are all kinds of rocks down here too. That won't solve the social malaise and disconnection.
I don't think we need space to save the economy, but I think we need something bigger than space to save ourselves

HOLY FUCKIN SHIT LOOK AT THOSE FUTURES HAHAHAHAHAH

WE'RE SO FUCKED

>>17461620
>bezos, musk and the virgin galatic guy
one of these is not like the others

>>17461665
zero gravity factories, astroid mining and the colonization of mars is literally the next step.

China index for the past couple days has ended in closing lower than the previous trading day. It not looking good no matter what they tell you....obviously the phony pumps aren't working....we are fucked

BUY THE DIAAAAAAAAAAAAAAAAAAAAAAA

>>17461637
disclaimer I own zero crypto

>>17461535
Alphabet has two tickers, GOOG and GOOGL as they have two classes of shares on Nasdaq. I assume the fifth letter is reserved for these types of cases with multiple tickers for different share classes (guessing, please correct if i'm wrong). There's no specific reason for character limit other than tradition.

THE NASDAQ WAS HOLDING UP THE MARKET WHY ARE THE FUTURES NOW AT -1.72% AAAAAAAAAAAAAAAAAAAAAAAAA

>>17461535
https://www.investopedia.com/terms/s/stocksymbol.asp

Which crackhead at Robinhood fucked with the favorites list? You can't manually sort it now and it looks like a fucking trainwreck

>>17461667
Just checking in for the evening, anon? At least they aren't bleeding out all over the floor the past three hours. -1% - -1.2% is apparently the holding range until premarket and open.

>>17461630
>that graph
If this shit turns into a full blown recession those kikes had better lower the rates. Trump needs to fire Powell.

*blocks your path*

>>17461751
Trump has probably been waiting for the perfect chance to do so. If he doesn't cut the rate after this "scary drop" Trump might actually do it.

>>17460561
Kekked

>>17461728
>He thinks losing 2000 points in three days is 'holding up'

>>17461637
Isn't that basically the btc chart?

>>17461751
>If this shit turns into a full blown recession those kikes had better lower the rates.
They will. The whole point of hiking in 2018 was to give themselves room to cut if needed during deflationary periods. It was too aggressive at the time but Powell settled in to an acceptable rate through 2019. Corona virus is your black swan and you can be sure there will be cuts and QE as this rout gets worse. They may have to do an early cut before the June meeting, depending on how the incoming bounce fares. And there will be a bounce, this week or next. Waaaaaay too much short seller exposure for big pockets to pass up opportunity to attempt to squish.

Guys when will shit hit the fan so I can shitpost properly?

>>17461790
Don’t know. It’s got a much shorter history but I’m sure you could find a way to superimpose them on each other or do some other correlative study. I bet a few already exist.

>>17461705
I’m not sure what you’re trying to tell me with this one?

>>17461665
I have unsteady income and academic duties.
Did you mean to tag me? If so why do you ask?

>>17461630
Trump only has himself to blame for firing Yellen. The markets would be twice as high if she was still the head of the Fed.
I’m not sure if you’re memeing on me but the economic conditions were different in many ways during Obama’s tenure.

>>17461637
It's frightening to me how accurate Mr. Daliano's prediction was, big correction going into March, high likelihood of desperate rat cute, cash becomes trashies. This is a critical dip to buy imo (it's hard to do tho), the economy being fugged is not synonymous with equities performing badly over in the coming years.

>>17461822
I think btc is imitating gold, but I remember a mt gox range looking very similar.

>>17461828
I think vanguard call has the right idea for this one. Just be vaguely more aggressive buying in.

>>17461588
If more people die, the people who survive would thrive.

Think about IF this was a sickness that was spread on purpose.
Even if it was accidentally released, imagine what it was meant for hmmmmmmmmmmm

>>17461630
Thanks for the reply. I'm sure the Fed does play political games. In this case they were treating Obama favorably. But from what I've been taught they should have started raising it earlier and it should be higher than it is now. I believe the logic is this: the bubble already inflated during the Obama years, so even if rates make more sense now the problem they created needs to be dealt with sooner or later and will manifest itself in certain unpredictable ways

Literally just buy low sell high how fucking hard is that.

>>17461822
>I’m not sure what you’re trying to tell me with this one?
BTC going to $100,000 in a few years. Why? Because some Twitter math guy

>>17461872
We've been getting higher and higher for 11 years though

>>17460561
Best post ITT

>>17460712
well said

>>17460532
POST THIS EVERY TIME THAT FAGGOT BAGHOLDER REARS HIS HEAD

I want to see commies shill their open borders wish after this fiasco.

>>17461087
more

futures just started to rise
this is it, the recovery begins

>>17461939
yo FUCK open borders
FUCK easy international travel
if you want to spend time in another country, you should have to spend 40 days on a cargo ship or something to get there (unironically)

>>17460532
Ever heard of Cian?

>>17461828
This is a BEAUTIFUL edit. I am going to save it. Thanks for the trashies oni senpai!

>This is a critical dip to buy imo
Why?
>(it's hard to do tho)
Why?

I’m actually quite concerned. Tony Dwyer the “buy every dip” guy basically said the same thing that Mohammed el Arian guy did. He downgraded from bullish to neutral and sort of called this happening, not even because of corona. Just said this was going to happen pretty much. I recommend checking it out on his blog thing.

He was also on CNBC saying some alarming things today, I had to record it for later though. Thinks we’re going to get a whoosh to the upside followed by another smash downwards.

>>17461848
Link?

>>17461953
lmao Dow Jones is a fucking pump and dump scam.

>>17461953

>>17461798
Speaking of drops off the near top without a serious rebound interrupting them, recently examples below. I'm defining these as waterfall patterns with no more than one full day of green in the drop top to bottom. SPX500USD (includes futures trading). Percentages approximate:
>current ongoing (including this evening's futures) -9.5%
>Jan to Feb 2018 -12%
>August 2015 -13%
>Sept to Oct 2014 -10%
>July to August 2011 -20%
>May 2010 -12%

Every single on of these retraced at least half of the falling price move before continuation downwards. Two retraced 80-100%. 2008 was not a drop off the top. It had a slow transition in to falling trend before the real show got started. The 2011 drop was off a quintuple top/Head n' Shoulders kinda thing. 2015 was off a prolonged flat crab trend.

My reason for posting this is I think too many bears are wilfully ignorant of how the US market moves. Get some decent red and they're instantly called for worst crash since the dirty 30's. That's stupid premature and it's irresponsible to deliberately stir up panic like that on a forum full of small spec beginners and relatively inexperienced intermediates.

>>17462019
>no more than one full day of green
No more than one CONSECUTIVE full day of green. Some have a few single days in the mixture.

>>17461939
>>17461953
Read the Curtis Yarvin piece on Coronavirus kekkies, Feb 1, prophetic
https://americanmind.org/essays/rip-globalism-dead-of-coronavirus/
>>17462010
>This is a critical dip to buy imo
I don't mean the price action of these last few days, I mean the dip in general. If Mr. Dally-o is rite equities will become, despite their risk, the safest option for preserving wealth as bonds get further screwed and inflation rises no?
>(it's hard to do tho)
I'm scurred and don't know what the bottom could be ;_;

>>17462019
Implying the largest equities bubble in history wouldn't just drop off a cliff

>>17461953
this has happened for the third day in a row now. You're getting washed.

>>17462049
>Implying the largest equities bubble in history wouldn't just drop off a cliff
You're dumb and that's a dumb assumption.

>>17462059
Rude and not an argument.

>>17462067
ur mum is rude and not an argument

>>17462019
The way you described the falls makes it sound like they had nothing in common.

>>17462019
This is very true, just looking at charts alone this bears (hehe) little resemblance to 2008, and an astonishing similarity to both february 2018 volpocalypse and the october 2018 spook. So much so that people are criticizing the fed and institutions for letting it happen AGAIN.
Seems like every time there's a significant drop we get a shocking number of new friends with horrible opinions who leave when it leaves the news cycle.

>>17462042
>prophetic
he's just reposting what we were saying in these threads and on /pol/ since late February

>>17462055
(I'm not actually trading it, I immensely enjoy posting overractions to any price movements up or down)

>>17462019
>Thinks his chart assessment is immune to actual economic changes. >Thinks the market can go up forever.
>Doesn't realize how the economy actually is right now and how taught things are

Chart memers should be required to take economics courses before posting.

>>17462042
I don’t believe he did say that. I made a post about it with a link to the interview a while back.

He said something like you have to own things like gold, “but I don’t want the headline out there ‘Dalio likes gold’”. Of course it wasn’t, because cash is trash is a much better headline.

I don’t remember if he mentioned bonds. Shit someone might want to dig up that post or interview.

>>17462079
>similarity to both february 2018 volpocalypse
Jesse chris I’ve been adding to my svxy position.

>>17462075

I REALLY hope you bought the dip, anon. I really do.

>>17462094
>I’ve been adding to my svxy position.
it's fine to add to it AFTER the VIX blows up...
probably
unless the world ends and VIX goes to 70

>>17461637
https://www.lynalden.com/global-dollar-short-squeeze/

>>17462067
"Robert Shiller"

B8 m8

what does this mean?

>>17462084
you got me

https://science.slashdot.org/story/20/02/27/0510209/us-confirms-first-case-of-coronavirus-from-unknown-origin

might be a good time to buy some cans of beans tomorrow, just in case

>>17462108
I bought the dip but it keeps dipping

>>17462158
Kek

Buying right now

>>17462158
Should had bought when gold dipped

>>17462168
The man in a suit on the tv said to buy the dip
I am up 14% this quarter should I just exit?

>>17462084
Forgive me for preferring to read op-eds by people I know are pretty smart than sifting through pol threads. Point is, coronavirus poses a frightening question for globalist policy easily understood by the average person. That's cool!
>>17462094
Fed rate cuts will buoy equities. I want equities if they being pumped ^_^
I also want more SVXY. I was so concerned holding like 40% cash, knowing it'd become trash, well here's where I start putting it in.

>>17462154
also this was /smg/ related
https://tech.slashdot.org/story/20/02/27/0035220/reddits-profane-greedy-traders-are-shaking-up-the-stock-market

>>17462176
10% of my portfolio is gold miners

>>17462114
Iiiinteresting
But long. Who is the author? Any reason to trust this persons argument as anything more than some random but apparently informed person with a blog?

>>17460747
ironically my asian positions are holding much much better than any US stock. Thank based Xi and your market manipulation tactics. They're all in green.

>>17460813
oh, how far has /pol/ fallen. Begone, 4chan's /pol/ cuck.
Zion Don is israel's best bet as per usual, the candidates on the other side are simply horrible. There is no way he's not getting another term. Most powerful lobbies are on his side, despite all the media puppet show against him. The market will recover before the elections and probably actually tank afterwards. Coronachan's is just an excuse for this debt cycle to end and also a convenient distraction from the true causes: massive debt increases, QE, debt on debt, banks defaulting and being artificially kept afloat by repo loans and all those extra dollars going into stocks. That's what exacerbated this bubble to this point. Now, will it blow over now? no. the'yll keep the corpse alive until the next elections. Screencap this if you like.

>>17462206
dollar to 150
screencap this post

>>17462192
>>17462084
The reversal of the trend of globalism over the past several decades and rise of nationalism was also talked about at least a month ago on one of the investment bank podcasts I listen to.

I came here and started talking about it and the protests popping off worldwide and you all laughed at me.

>>17462176
will I last though the long night?
https://m1.finance/KNXL7ih6U

>>17462235
I don't think I laffed at u, I don't think I saw it.
It's been abundantly clear for a long time that liberal democracy is an undead institution, anti-democratic sentiment that was considered so fringe it was deranged in the mid 2000s is now so deeply internalized in a lot of people I don't think they even notice it. Especially on the left, hatred of Trump has led to a skepticism of democracy that would have been unthinkable even 10 years ago.

>>17460928
this

>>17460970
No, there's no economic basis for a recession, but there is a financial one. There is a difference. The cause is money creation, inflation, QE, massive debt increase and the repo crisis. This system actually makes sure that the first thing a government has to do is pay its debt to the man behind the wall. Well, that debt has become enormous, and that financial problem has not been addressed and there are not enough resources to pay it.

>>17461059
a likely possibility.

>>17461798
this.

>>17462209
What lobbies? You think the dems don't want the presidency? You think Bernie's going to be the nominee with Bloomberg gunning for him? You think Bloomberg needs lobbies with his war chest, ethnicity and party behind him?

>>17462235
i dont laugh at you anon
we're able to fuck with the global economy through attrition
we isolate ourselves to gain leverage on the world

>>17462192
>coronavirus poses a frightening question for globalist policy easily understood by the average person. That's cool
it is cool
it's very cool

Many people will naturallly ask questions about why we need thousands of foreigners flying in and out of our cities every day, or why thousands of "us" are flying in and out of their cities, or why our economies have to both be functioning or else everything falls apart.
But to ask these questions, you need to be old enough to remember a time before this level of globalization.
I'm concerned that people who are very young (teenagers and younger) will see the current level of global interconnection as completely normal, so they will be less inclined to ask these types of questions. It's hard to show someone something that they cannot imagine.

>>17462131
Bruh, how have you never heard of hussman. Go back to investing crypto newfag.

>>17462154
https://science.slashdot.org/story/20/02/26/0920248/americans-should-prepare-for-coronavirus-crisis-in-us-cdc-says

>>17462264
there is no "the dems" or "republicans", fren. They all work for the same team. They will showcase differences "pour le gallerie" but they always agree on certain key points, such as how to handle debt (paying its interests) and their undying loyalty to israel, where we send millions of dollars of "aid" for free, every day.

>>17462285
it's interesting as a concept but I think "the death of globalisation" is just a buzzword, if anything we'll see an increase. What we're witnessing is different factions at play, determining who will be the head on this one world government. China is a major player, as is the US. China is a few years away at toppling the US as the #1 player economically-wise.

>>17462114
>>17462206
>2040: E7 could be double G&
Ok, what fucking idiot thought that was a good projection? Thats like saying the slave will become richer than the slave owner. Lmaoing at this chart too. That article is way too much bullshit.

>>17462262
>inflation, QE, repo, etc
We slowed down all of that bullshit during Trumps tenure, the fed rate even went back up to 2.4%, while it was full steam ahead under Obama for 8 year, but NOW its a problem? If anything, that 2.4% gives a little wiggle room now, but we shouldn't abuse it.

>>17462312
I think that is a simplistic way of understanding things.
Groups of hundreds of millions or billions of people can be held together by ideals, by organization and cooperation, or by force. But Change is inevitable, and the chaotic edge is growing ever closer as he complexity of the system increases

>>17462329
>2040: E7 could be double G7
lhat is the EXACT same graphic that I got to before I stopped reading and closed the tab
haha

>>17462312
That's a bit surface level. While there are no "dems" and "reps", there are two organizations vying for control of the office of president. Who presents the best option to the American people and the elite? Is it Trump, or is it the richer, more Jewish version of Trump? Trump is basically restricted to running on a platform of slightly less liberal liberalism, while Bloomberg can run on full liberalism, and anti-Trumpism. It will be interesting to see the results. How strong is Trump's base of support among centrists who long for the Obama days. Can he run on a hard enough position of gun reform to attract centrists and some leftists, without alienating reps? I think this election will basically see two candidates with the same platform, and the vote will be over whether the American people like Trump or not.

>>17462093
Econ dweebs make terrible traders as they can't parse the difference what they think should be happening versus what's actually happening.

>>17462303
This proves the market will make another move down as more and more Americans test positive for corona. 200 ma on the indexes and fangs will hit 50 weekly ma.

>>17462403
i think rich people will just buy cheap stocks when normal people panic sells. the market will dip some more but not too much before it recovers. at the end of the year more wealth will have shifted to the richest people in the world.

>>17462348
While I agree there might be some differentiation at the base and the cabal that runs things might prefer an even jewier (imagine!) version of trump to run things without any restraint at all, even on a display level, they're happy about keeping the plebeians pacified. If it has to be done by a fake nationalist like trump, so be it. The base policies of debt and the fed running things behind the curtain won't change with bernie, trump, bloomberg or fucking jeb bush. If somehow, by mistake, gets elected and puts this into the spotlight (the fed being the worse problem the US has had in over 100 years) he will get shot or worse. This has happened with lincoln, kennedy and anyone else that threatened the fed's function. As long as that function is not threatened, they're okay with letting anyone playing the president role.

>>17462441
fuck off moshie

>>17462439
>at the end of the year more wealth will have shifted to the richest people in the world.
And commies will demand fair distribution as usual.

>>17462452
bots are getting more retarded by the minute. This post doesn't even make sense.

>>17462441
Yeah, nothing will change. The US is set up to take as much power away from the executive as possible. I always thought that Trump's best bet was to go full nuclear, day 1 in office, but that would've put his, and his family's life at risk. On top of that, the spooks have some crazy ass poisons, drugs and microwaves to pacify anyone. Still, if you are an actual Republican, Trump has truly laid the foundation for a Republican America, with the circuit judges and Supreme Court picks. He's still the best option by far for the country's revival as a rational nation with a governing body of laws.

>>17462475
pence will run in 2024

>>17462259
I may be exaggerating just a touch. one anon did discuss the possibility and what companies could benefit from such a scenario.

I don’t agree that the left are more suspect of democracy in general just because they hate trump. Most lefties who wanted trump out seemed to not like pelosi finally agreeing to pursue impeachment, and thought the focus should be getting him out by electing someone else. That’s likely why she delayed it for so long.

On the contrary, especially on /pol/ they tell me trump is the only evidence they have that the system isn’t rigged, and that otherwise all elections are fixed. I think the theory that the system is fake is more common on the right. Though the left is more likely now to say that mob rule is bad. Puts them in a bit of a pickle when they have to consider the electoral college.

Maybe.

>>17462312
>there is no "the dems" or "republicans", fren. They all work for the same team
They are the new nobility. The sparring and elections are parlor games they play amongst themselves. The only real causes they champion are ones that’s would improve their social and economic standing.

>>17462345
Honestly, we should have known just by looking to the right and seeing this monstrosity. How did I not see that earlier??? Imagine taking financial advice from THIS THING!

Guys, just telling ya

FUCK BEARS
FUCK DEMS
FUCK PANICK

thanks

>>17462461
You're a dumb fucking kike.exe
Is that bot enough for you, faggot?

Don't hit your ass on the steps down bullfuckwits.

>>17462501
Hoooo boy I could and would...
What is she a quarter Chinese or something?

DO I BUY?
s&p 500
Tesla

How low do y'all think that SPCE is going to get? I have a limit order of $25 in it

>>17462540
short everything you fucking retard.

>put money in crypto in december 2017 just one month before the crash, lost almost all of it
>put $90k in stocks earlier this month (didn't believe the dollar cost average meme), down $4k
Why do I always pick peaks? I'm resisting the temptation to sell.

On the bright side I can afford to put in $5-6k/mo so a 50% drop isn't going to hurt me but it's going to suck.

>>17462370
Well for starters econ is just a portion of my education. And no, you're wrong.

>>17462546
What if it grows?

>>17462490
Look at left wing calls to abolish the electoral college, if that isn't skepticism of liberal democracy I don't know what is. I'm not talking bout skepticism of democracy as in it's rigged, I mean skepticism that it leads to working government. How often do you see right wing pol kiddies saying they like that Trump fucks up the system, throws a wrench into the works? Or see leftoid wannabe brooklynites semi-ironically calling for autocratic state communism? These are memes that belie real anxieties :o

>>17462542
My probabilities:
90% it hits 25
50% it hits 20
10% it hits 18

I'm going to hold for sure though. This is going to $50 this summer when Branson does his flight. Potentially $100 EOY, thats pretty optimistic, but its based on the market cap reaching 15B which I dont think is far fetched.


>>17462554
Depends what you bought. If youre holding stocks you might be ok, but it sounds like you picked some bad ones.

Guys what inverse ETFs should I get

Hello fuck bears. I'm coming for you

>DAX opens at -2%
and a good morning to you my friends

>>17462579
Sqqq

>>17462558
it won't.

>>17462439
Rich people have more disposable income. Poor people spend more of their money paying the rent. Simple. And when markets fall, rich people can afford to forget about that money and afford to invest.

>>17462563
How is abolishing the electoral college and returning to the popular vote anti-democratic? Or is there something about the “liberal” modifier I’m missing.

>>17462206
I have no idea outside the website. She writes for a bunch of other olaces. Just someone I've been following for a while. She was moderately bullish with metals when everyone was saying otherwise but not full doomer. I've been doing alright following some of her other advice. I'm not a daytrader or anything. Just long term investments.

>>17462667
But what if it DOES?

>>17462677
Electoral college gives retarded hicks more power so of course the retarded hicks are going to be seething online if someone wants to get rid of it

>>17462687
I'll crash the market personally. I have contracted the virus and if at any moment the market looks like it's going to go up I'm going to store my COOF in an aerosol and spray it around train stations and airports.

>>17460669
No, he's preparing to blame it all on Pence.

>>17462694
>I dont understand electoral college herrr derrrr
Basically, it means the people who live there get to decide on their representation and laws where they live. Makes no sense for big cities to decide whats best for everyone else when cities are corrupt hellholes full of crime and homeless and human shit.
California and New York would just vote to steal all their resources and we'd literally be back in the medieval era paying taxes to city states a thousand miles away because other people you've never met voted to make you a slave.

>>17462694
Pure democracies give the unwashed masses of retarded niggers, spics and women, who breed like animals, the power over responsible and intelligent adults who know how to manage their own finances without needing to steal from others.

>>17462711
B-based?

i dont think were going anywhere but down

Do I do it, /b/ros?
Do I sell?
I originally wanted to wait until it gets as low as possible and buy then

>>17462777
Trips confirm you should sell

>>17462777
>/b/ros
nice bait

>>17462797
I’m serious
I have £1200 to spare

>>17462824
nothing will be green by the end of friday

>>17462824
Sell it unless your inversing or know something you're positive will not be affected by this much

Im 80% inversed 3x ETFs and pulled like 1.51% yesterday.

>>17462711
>I'll crash the market personally. I have contracted the virus and if at any moment the market looks like it's going to go up I'm going to store my COOF in an aerosol and spray it around train stations and airports.
One could take out a 20x short in the futures market and do literally this. What a time to be, um, alive

>>17462996
Sure you could try that. It might even work and make you some money.

But what about your testes?

Holy shit. Did we just win the war with Iran without firing a shot?

off-topic but I thought you could use a good kek

I kinda wanna short CAT.

>>17463034
Heh. Is that a real thing?

>>17463047
yeah
>https://www.nytimes.com/2020/02/27/technology/8 (spamfilter) chan-fredrick-brennan-libel.html

>>17463034
>arresting HotWheels
that'll do good on their optics

I'm shorting crude oil, $vs€, Euro Stoxx 50 and am longing GILD. Did I fuck up?

>>17463095
You did good, anon

>>17463078
whose 8ch's?

You DID buy GILD, right /biz/?

SSO is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO at the literal top of the market before the recession in October 2007, as of this moment you would have gains of 180%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.
>nb4 >we

>stonks so volatile rn /pol/ is talking about it
wew lads

ATTENTION: some asshole made a new thread and didn't link it.
migrate:
>>17460776
>>17460776
>>17460776


>>17463411
/g/ too, it's all over the place.

>>17463364
For me, it's SOXS

>>17463488
>For me, it's SOXS
I have some short contracts in Russell 2000 futures as a bit of a hedge but after doing a lot of thinking and taking into account the success rate of market timers (dismal), the bulk of my strategy through this is to go long the /ES and with SOXL at major support levels as we go down while keeping my RTY shorts for entertainment. I've never met a rich market timer, especially one who can consistently switch between shorts and longs, however I know a few millionaires who go long only and take special advantage of instances like now where prices are plunging across the board. If you can pull it off though, my hat's off to you and I look forward to hearing about it in a future /smg/. But, personally while I'm really good at going long in the right spots and selling at resistance (I turned $2500 into a few hundred thousand in the 2018 crypto market), I don't think I'm lucky enough to flip flop between shorts and longs. Maybe some day

>>17463556
personally considering an AH position after we get a nice bounce. I think we're in for more pain.

Of course, the smart thing to do would be to hold cash if I thought that, but I like stocks and want to own pieces of companies like Lockheed.