/biz/ - Business & Finance

>>17481109
I fear the Bear Market has come

WHY IS GOLD GOING DOWN AAHHHHHHH

DO I SELL MY PUTS FIRST THING TOMORROW OR HODL

Any of you guys actually made it in life through stocks?

Also, besides smg sticky, how the fuck else do I learn? This seems like something I want to get into. Once I get into something, I go full in.

Suggest some books or some vids, just seems like every single one of these scammers want money for one of their programs yet they never show their track records.

>>17481124
The collapse has come

I haven't gone to work at all because of this partly.

I want your predictions: how low will we go before March 1?

>he didn't sell before the bubble burst

>>17481131
Sell gold. Gold collapsed in the 2008 recession, it didn't go up.

>>17481109
>a high quality OP
what the fuck

>>17481144
18,000

>>17481124
YOU'D BEST START BELIEVIN' IN BEAR MARKETS, LAD

>>17481137
MBA in accounting book, tax book (or just read the IRA publication), economics courses, finance courses, statistics courses, math courses, and English courses. All very important to an intelligent investor.

This crash wouldn't even be 1/10th as bad if equities hadn't become entirely worthless casino chips.

>>17481152
yeah fuck gold what is this shit?

does it not go up until the fed actually starts printing in earnest??

>>17481143
Same, i ditched most of my work to watch the crash today

>>17481137
>suggest books!
>hasnt read all of investopedia yet
>hasnt read the rest of the sticky and OP

Sold it all and bought bonds back when it was 26750 or so. Was regretting it when the market kept going up, but the bonds were doing pretty well on their own. Now I am so fucking happy about that move that I could shit.

All my gains...cant believe I was DCAing up

hey i'm trying to buy a house but i want the prices to go down.

can anyone tell me how long i have to wait for corona to drop the prices??

do i have to wait until boomers die and, then, like, their kids sell off their houses to pay for their college tuition? or will prices go down after stock market?

>>17481164
Appreciate the advice sir.

>>17481181
I have read the sticky and op. Halfway through reading investopedia.

Is it really that wrong of me to ask for more sources of learning? I want to learn as much as possible in order for me to succeed more.

reminder to ride it like a rollercoaster, today's the day.

>>17481152
Oh shit...

OH SHIT!!!!

>>17481199
If you're actually reading then it's fine, if you're a "give me books to download to add to my collection" you won't make it

> look up how AMD is doing in Germany
> another -10% already today

>>17481199
It gets tiresome... you are not the first asking and there is a reason the sticky exists

>>17481184
Good job. I've literally been telling people for months now. It's not timing the market, it's rotating your risk based on new data. The time for sweet life changing options plays was at the start of the bullmarket, at the end you consolidate your gains. If any of you faggots are actually worth shit you'll still be here in 3 years and be considerably richer for it, no matter what the trading environment looks like. To everyone else, piss off and shoot yourself on the way out.

This situation is not unique.
The index has dropped this much this fast before many times. Including a few times during this so called 12 year "uninterrupted" bull run. Stop freaking out and thinking this is the worst ever and the market can't recover for twenty years and armageddon is at hand and so on. Stop it. Stop looking at the historic charts zoomed way the fuck out on the monthly in log scale. Zoom in. Look at the daily. Especially look at the daily in the post 2008 crash years when people though THAT was an equity bubble FOR SURE THIS TIME AND THIS TIME IS TRULY UNIQUE.

It's not unique. Short it. Long hodl. Sell to cash and wait it out. Whatever. Just don't make panic moves. Think about what you're doing and what your plan is. Pulling out your hair on every one minute tick during the day and at night during futures you have no control over helps nothing.

>>17481152
No it didn’t

EVERYTHING IS ON SALE

>>17481152
>>17481168
right. gold crashed like everything else but quickly recovered when the fed started QE

>>17481161
This is like the one good meme I've ever made lol

>>17481235
Yes it did brainlet. Go look at a gold chart and learn what deflation actually means. Gold had it's bullrun after TARP and QE from 2010-2013

>>17481244
Recession?

>>17481240
>when the fed started QE
>when the fed started QE
>when the fed started QE

>>17481230
>The index has dropped this much this fast before many times
when

>>17481230
>The index has dropped this much this fast before many times.
In % terms? In this many days? With this high sell pressure? Is it possible to see the GEX and DIX at any of those times?>>17481244
You made that?
I’ve had it saved for ages! An /smg/ classic! Think I’ve either seen or posted it on other boards too.

Almost want to make it my social media thing and freak out normie friends.

>>17481240
Yeah, so we need to bet on when the fed will start with QE and buy gold before that. I’d say that as soon as there are real economic consequences in the US, like quarantines or schools shutting down, change your short position to gold. Fed will pump the market.

>>17481276
That closing hour was the most insane shit I ever seen, truly a sight to behold

>>17481235
>>17481252
here

>>17481109

is there anything in this world better than making a killing with puts and then buying boomer stocks on sale

it s even better when it s based on bullshit like corona instead of 2008

>>17481256
underrated and based

>>17481187
does DCA down and it will even out

>>17481296
just*

>>17481230
I fear markets in other countries will drop each time new cases of corona appears, because of how intertwined the markets are they will then react to eachother and drop even further.
if it keeps falling should I sell now and buy next week?

>>17481269
yeah i used to frequent here alot until i started messing with options heh...
took a break

>>17481256
I don’t get

>>17481214
>if you're a "give me books to download to add to my collection" you won't make it
Oh fuck
[in .pdf, .mobi, and .kobi] OH FUCK!!

>>17481276
>that pic
Oh fuck
[in SVXY] OH FUCK!!

>>17481310
>yeah i used to frequent here alot until i started messing with options heh...
go back

>>17481310
Based but silver is pretty shit and the shills from the silver and PM generals are intolerable.

>>17481285
fuuuuuuuuuck
gooooooooooold

Predictions for what happens when Europe opens in 30 mins?

oh i made this one too
>>17481315
i cant go back

>>17481283
They already have sort of, rolling 500 billion in repo is almost as much as QE1 was. Why it's not effecting gold markets is anyone's guess, it's been theorized foreign banks had large interest swaps positions open drying up dollars from domestic banks.

>>17481325
Carnage

>>17481325
that's when things are gonna go from shit to fuck

>>17481284
Today will be even worse.

>>17481325

-2%/d

>>17481325
PAMP EEEEET
i bet some europe central bank cuck is going to say something official that will boost everything by .2% and everything will stay flat until big daddy united states continues the unadulterated dive of another SEVEN FUCKING PERCENT before the weekend so we can get two days of boomer moaning on twitter.

>>17481325
The final weak handed Europoors panic sell and mark the the new historical bottom before the fierce golden bull

>>17481325
More pink wojak than there are stars in the universe.

YES SMG
YES SMG
YOU GUYS ARE SO SEXY DO YOU WEAR SUIT WHILE YOU TRADE
BASED SMG
BASED BULLS

>>17481269
>In % terms? In this many days? With this high sell pressure?
Yes. Yes. And yes. You can check all of this yourself. Pull up SPX chart in tradingview, one day candles, scroll back and measure all the big drops with the price range tool (toolbar, click and hold of the thing with three horizontal lines, select price range tool from the drop down). There are at least four of similar speed and magnitude. 2010, 2011 (2x), 2016, 2018 (the first one). And some additional slower 10%+ drops mixed in.

>Is it possible to see the GEX and DIX at any of those times?
This is a fairly new widget, right? Probably not. I don't know. Check the site that posts it and see how far back it goes.

>>17481300
JUST

>>17481325
futures making a comeback...
hmm

What ETF should I invested in

Everybody needs to relax and stop selling. This isn't funny anymore...

bros...

>>17481387
buy the dip

>>17481395
This is not a good time. S&P when you're ready. SPY is most popular.

>>17481387
yeah but somehow gold still fucked
what is wrong with this shiny metal

>>17481330
Yes, QE has been going on for over half a year, but I bet it is about to ramp up by a lot. + lowered interest rates. As soon as we start seeing the economical consequences of coronachan outside of the stock market

>>17481380

>>17481400
Small pump today before the end, last chance to cut your losses.

>>17481395
Inverse everything

>>17481402
nah you went too far.

>>17481404
Do a chart comparison with the S&P or DOW and gold. You may be surprised to find it's not the inverse correlated thing you've evidently assumed it to be.

WHY THE FUCK IS DAX PUMPING BROS FUCK ME

>>17481395
*ahem*
SSO (DBPG for euroanons) 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 (DBPG) at the literal top of the market before the recession in October 2007, as of this moment you would have gains of 176%. 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

>>17481304
>if it keeps falling should I sell now and buy next week?
I can't tell you what to do. I don't know.

>>17481403
Not even vix etfs?

>>17481416
yeah im realizing that. fuck my GLD calls that i bought yesterday. i tried to buy more SPY puts but the market was moving so fast no one would take my order. what happens if you do a market order with an option? do you pay some rediculous price? i wish i could see order books for option trades

>>17481419
they saving it for us

>>17481404
Rothchilds used to set the price of gold,
now some other banker does it
https://www.telegraph.co.uk/finance/markets/2883029/Rothschild-to-pull-out-of-gold-market-after-200-years.html

>but its just a conspiracy bro

ALRIGHT YOU FAGGOTS LETS DO THIS!!
BIGGEST RED PERCENTAGE CALLS THE BOTTOM

SPX TO 2850

VIX Calls and Puts at 5% out. YES?

>>17481420
wait, for real? i thought leveraged ETFs shuffle their underlying equity every night and it fucks you over in a matter of months.

Its pretty funny how the market finally took the Corona virus seriously after a month of FUD and simply drops like a rock after pricing in 0 virus implications

>>17481430
Don't even think about messing with the vix before you understand anything about the market.

>>17481432
fixed your meme if you want it

Are any of you losers actually vastly outperforming year after year?

YOINK LMAO
YOU THOUGHT WE WERE GOING UP?
PSYCHE!!

>>17481449
>i thought leveraged ETFs shuffle their underlying equity every night
They do
>and it fucks you over in a matter of months.
If it did then SPY would have outperformed SSO easily. Note that not only did the 2x leveraged ETF give almost double the returns but the example has it being bought at the worst possible moment in the last hundred years, right at the top of the recession. If the example had included a buy even half way down SSO would have given you triple the returns of SPY (about 600% vs 230%). There's a lot of FUD regarding these things and most of it is wrong so just look at the charts yourself and come to your own conclusion. The recession example was used since people are so afraid it's happening again and I wanted to reassure everybody that this is not necessarily bad for you. It is an opportunity.

>>17481449
>it fucks you over in a matter of months.
2x backtests pretty well. The decay isn't terrible. You can hold them for a while.

>>17481449
You're right. Leveraged etfs are for short term use only.

>>17481420
Im buying IWDA. Started back in October. Continue or stop?

>>17481489
Why is there so little consensus on this, does it vary depending on the ETF, that's why? Or would you defend nearly all leveraged ETFs like this

europe here
it's over guys

how does a 5%+ drop work again?
the market gets paused or some shit?
i need to know for tomorrow, it's not looking very good.

>>17481192
wait 3 months and see
no one knows
it is highly dependent on where you are and what segment of housing that you are looking at
cheap houses will fall much less % than expensive houses

>>17481465

>>17481495
hmm ok that's good to know.

>>17481502
to be honest, i've found better luck in options than leveraged ETFs.

the only problem i've found with options is that i don't understand the volume and order book. some options have a really wide spread if it's out of the money by a lot. and what the fuck "open interest" and "volume"? how does that help me. there's no order book, i don't understand what i should be selling my limit prices at. . . should i set my limit price at where the ask is if i want any hope of having the option filled? it's all bs. so i just end up avoiding everything but very popular stocks.

help me, reddit

>>17481537

https://www.investopedia.com/terms/c/circuitbreaker.asp

>>17481523
Uh, can you check again...

I'm panic selling tomorrow guys. I'm selling low. I'm being fearful instead of greedy

>>17481475
Yes, safe instruments then I all in on one sure bet a year. Last year was Chainlink and an ACB long term put, this year was a SPY put during the dead cat.

Is it retarded? Yes. Will I have the greatest “made it” story in three years? Yes.

If it all goes wrong and the meme magic dries up, I’ll still just be posting pink Wojacks from a shitty apartment, nothing really lost.

whatever happened to this guy?

>>17481558
The suicide rate for men in 2020 will break the 11% resistance

I smell blood, this is going to be fun my friends

>>17481558
I remember last week, when the markets were going up and half the posts in the threads were about SPCE instead of the apocalypse
good times
I like this week too

>>17481578
that's a hot take
what about the suicide rate for women?

>>17481554
no bruh stop
it's all about them DIAMOND HANDS
u gonna make it

>>17481590
It will go down as the ethot bubble achieves a new paradigm, as only the men who wanted to make something of themselves are depressed enough to follow through

>>17481554
please do I want this sale to keep going.

>>17481515
Assuming you are a euroanaon, I'd start now mixing in some DBPG since the dip has already started and who knows when it will end. It could go back up in a month or in a year. The key is to buy a little DBPG now on the assumption that you may be able to get a lot more later at a much better price. Should this all blow over soon you'll at least make a little on the DBPG, should we really be in the shit though, you'll make a lot on what you buy later.
>>17481517
>Why is there so little consensus on this, does it vary depending on the ETF, that's why? Or would you defend nearly all leveraged ETFs like this
You have a situation where people have most of the "facts" correct but most of the wrong conclusions. First, you should even think of holding leveraged commodity ETFs long term since the volatility will indeed kill your gains. Stuff like oil and corn and shit by definition can't outpace inflation like equities for the simple fact that eventually nobody would be able to afford them, hence the price goes up and comes down close to previous levels.
Leveraged index ETFs on the other hand are tied to the stock market and if you have a bullish perspective over the long term (stocks have risen consistently for over 200 years now) then adding some leverage is obviously something to consider. Most of the arguments against leveraged index based ETFs boil down to extremely contrived scenarios that have no basis in historical reality. It's akin to the argument of never investing in stocks since it could all just go to zero. I mean, sure but I'm still in the stock market. If you look at the example I made with SSO you'll notice it's a worst case scenario on the eve of the worst financial mess in a century and I picked a buy at the worst possible point with no averaging down. Anybody could do better by simply buying a little now and buying more as the price gets better. Again, if you are bullish in the long term you stand to make out very very well

>>17481554
too late to sell anon now you are the bagholder supreme

havent been here for a while, tripfag drama seems to have gone down. whatever happened to comfy, big5guy, rkg?

Like dominoes, one by one, everything will come tumbling down. It begins my friends, and there won't be any breaks on this ride.

>>17481412
Jokes on you, I’m gonna panic sell at the open. Annie isn’t okay anymore.

>>17481435
It’s not that it isn’t controlled by powerful forces, it’s the idea that those powerful forces are all allies in some sinister manner that is planned out and coordinated ahead of time to control the us like pawns. In chess.

>>17481465
Excellent. Now make it Powell. And make it throwing out money or with one of those literal money guns. And make it say “Market literally too liquid to die”

You can keep the demons and the hellscape though.

>>17481456
Something about short gamma and algorithms panicselling when vix rises and a positive feedback loop.
But the exitscamming CEOs theory worries me.
>>17481378
Thanks. I’m using my phone lately which keeps crashing because my computer is too slow. I could’ve used my gains to buy a new one but OH WAIT NOW A YEARS WORTH OF GAINS HAVE PUT ME IN THE RED
AAAAAAAAAAAAOINKWOJAKKKKSSSSS
I’ll be okay though. If I pull out now. Probably. Fuck though that SVXY is gonna be a bitch tomorrow.
>>17481556
Me too Braski. Might throw on some SH while I let my “quality stocks” (LMT, KO, BRKB, PEP, MRK, BMY, ABBV, LLY) ride this shit out. I’d hate to sell MCD and DIS down here but fuggggg :DDD I don’t think parks and theatres are going to do well this year...

Could use advice...

>>17481537
>>17481548
>If the index falls by 7% below its previous close, this is known as a Level 1 decline. A Level 2 decline refers to a drop of 13%, whereas a Level 3 decline refers to a drop of 20%. Level 1 or 2 circuit breakers halt trading on all exchanges for 15 minutes, unless they are triggered at or after 3:25 PM, in which case trading is allowed to continue. Level 3 circuit breakers halt trading for the remainder of the trading day (9:30 AM to 4:00 PM).

>>17481607
what about all the women who are losing money in the stock market, losing their 401ks, and losing their jobs?
surely they outnumber ethots by 10x right?

>>17481554
hold.
take a screenshot of the fattest red you can.
wait six months.
then take a screenshot of the fattest green you can.
dab on bears for all time.

lmao that US 10 year yield. 1.191%

>>17481626
>Excellent. Now make it Powell. And make it throwing out money or with one of those literal money guns. And make it say “Market literally too liquid to die”
that's pretty funny
you're a clever guy

Main support broken. Capitulate to the Yen.

>>17481602
>diamond hands
>barely any cases in the US
sounds like you're working hard to miss out on this golden opportunity to get rich off of a bunch of passive boomer pension funds.

DAX crashed

>>17481554
Haha lol. Nobody's going to buy your bags, anon. See stocks are like a fine automobile. Nobody wants to own a busted cheap POS. Get that shit out of here. People want a well tuned machine of rarefied vintage. Only the most expensive stonks are fitting for anons of taste. The upshot is simple, buy high when things have value and sell when prices are getting so low it's obvious nobody wants that crap. Looks like you're stuck my dude

WHERE IS MY CRASH?!?!?!?! WHERE IS IT!?!?!??

>>17481419
false alarm bros we going allllll the way down

>>17481658
no suprise really

DAX OPENS -4%

>>17481676
It hasn't opened yet, this selloff is literally fucking biblical, it crashed the market.

>>17481602
>>17481636
does china normally stop trading this early? it's only like 2 pm over there

SOUNDTRACK OF THE DAY
https://www.youtube.com/watch?v=VR90gQ-SIaY
WUHAAHHAHAHAHAHAHAH

thinkorswim is fuckin cool man.
imagine buying at 4.41.
just try and imagine it, if you can.

>>17481621
>havent been here for a while, tripfag drama seems to have gone down. whatever happened to comfy, big5guy, rkg?
It's much worse now. If you decide to hang around get ready to filter the Weedbrah asshole, the Credit Spread moron, and company. The new tripfaggots are 10x leveraging obnoxiousness

>>17481632
By the end of it there will only be the thots and living batteries which serve them

>>17481687
LUNCH BREAK

god can you imagine being a CFO right now of a fortune 500 company, knowing that your business is going to go bankrupt unless jerome powell steps in

>>17481615
ok so i have a question about the 2x leveraged SSO or DBPG
if you bought in at the peak in 2007 and the S&P dropped about 50 ish percent with a 2x leverage wouldnt that mean that the whole ETF goes to zero? or am i missing something?

Explain the math to me on why it's bad to HODL a leveraged inverse ETF like SQQQ over night?

I’ve never invested in the stock market before but my buddy is buying calls on the SQQQ, he said as long as the market crashes this month he’ll make bank, should I go in with him?.?

>>17481706
imagine knowing and not being able to tell anyone but like 2 people, and even then pulling your punches.

>>17481706
emergency rate cut coming

>>17481684
Shouldn't it be open now? Its past 9 in Germoney.

My diversified portfolio of stocks and bond indeces is down 1% ytd.

>>17481698
did think or swim add image overlays or something?

>>17481687
They have long ass 2h lunch break

>>17481713
its not bad necessarily but if the underlying goes up 10% then down 10% or vice versa you lose money.

Guys it doesn’t seem to be getting any better I think I am going to buy some puts but the second I do this thing will reverse in my face.

>>17481729
yeah, something is wrong. Europe should be open...

>>17481713
look at the graph
zoom out

>>17481733
no i just shoop them in real quick

>>17481684
it has since 8 minutes? went straight from 12300 to 12900 kek


AHHHHHHHHHH :)

>>17481738
who cares. just buy a small amount of puts at really deep OTM. or you can DCA into options too, over a couple days.

>>17481723
yeah knowing companies people don't understand how much this crash means soooo many people are about to lose their jobs.

>>17481741
fucking shitty cnn delays that map for 15 minutes, sometimes 20 minutes. use investing.com like everyone else.

>>17481748
11900 sorry

>>17481676
>>17481684
>>17481729
>>17481741
>>17481748
EUROPEAN STOCK MARKET IS FUBAR
NO MORE TRADING EVER
YOU CANT SELL
OH NO NO NO NO NO NO

>>17481703
>>17481734
well still, looks like they couldn't keep the manipulation going, they're starting to tank too. i'm definitely panic selling tomorrow

CAPITULATE TO THE YEN

>>17481687
Good lord china is having a red day? I thought that was illegal?

My YINN puts expire tomorrow... I had given up on them. Maybe I should market sell em at the open?

Oh god it’s gonna close green I bet. Fuckers.

>>17481756
That's weird, tradingview is delayed too. First time I've seen that

>>17481748
Tfw -1.68% is a relief because of back to back -4% days

>>17481766
>>17481766
make sure to properly panic sell
make the pink wojak face and yell "AAAAAAAAAAAAAA" when you press the button

better yet, call your broker on the damn phone and freak out and cry and beg
don't panic silently sell like a bitch, panic sell like a man. an extremely panicked man.

>>17481712
>if you bought in at the peak in 2007 and the S&P dropped about 50 ish percent with a 2x leverage wouldnt that mean that the whole ETF goes to zero? or am i missing something?
The ETF is rebalanced daily. Herein lies the advantage and also some of the confusion people have with these things. Simply, every day the ETF is reset to exactly 2x leverage. So if the price goes up that day, that profit is added to the principle and the appropriate amount of leveraged is added for the next day. The converse is if the price drops, the principle loses value and the amount of borrowed funds behind the scenes is reduced fresh for the next day. So for the ETF to be bogged the market would have to drop 50% in one day.
The only real problem with the daily rebalancing is, in an environment of extreme chop or a steep decline over a long period, the principle will obviously be greatly reduced, I mean it is leveraged after all. The upshot is twofold. First, as the price rises the principle increases by the leverage factor and the losses are regained then in the long term you end up making much more. Secondly, the best example I could come up with of catastrophic economic conditions is to buy at the top before the Great Recession and as you can see in the image above you would have been glad you did.

>>17481478
I hate liars, buying leaps calls on that and saying you already know what your doing too much makes you come off as a massive ass-hat. show proofs faggot.

>>17481785
the orange "D" means delay every time

>>17481790
>exactly
nah not quite

uh is DAX supposed to be down 3.5%

Germany opened

>DAX -4%

> EU50 -4%

>DAX -4%

> EU50 -4%

>DAX -4%

> EU50 -4%

>DAX -4%

> EU50 -4%

>>17481803
What the fuck.......

>>17481664
reeeee

shit on a stick

>>17481756
I really hope you’re wrong. I hope it won’t be that bad and that commerce can still continue because our medical system and cdc are better than Iran and China’s.

Are the zoomers are going to graduate into the same exact economic conditions the millennials did?

There’s no way the the boomers are going to retire into a deep recession or depression. They won’t allow it. They’ve gotten away with everything ever (except the ones who got drafted) and they’re not going to start facing consequences now.

>>17481803
but are the actual German people in Germany panicked or are they still being autistic and aloof?
The emotional part is more important than the numbers here. Are they genuinely feeling this, or just reacting in a robotic way?

>>17481790
thanks a lot for taking the time and explaining this

AHHHHHHHHHHHHHHH

>>17481803
that's because russia is going to war, and you're all going to be crushed under negative bond yields, refugees, and carona virus.

>>17481799

>>17481803
SELL SELL SELL SELL SELL
>>17481817
my mom called me yesterday evening and told me to stock up on supplies for 5-10 days "just in case".
I'm thinking panic

>>17481827
...is she German?

>>17481822
that syrian airstrike that killed those turkish soldiers is no fucking joke.
definitely keeping my eye on it

>>17481830
yes, so am I

>>17481152

Gold will only "collapse" when people get liquidated from their positions and have to sell their gold to cover those losses. That is the time to buy as much as you can because it will go up after that, hard.

>>17481817
Panicked because corona? some, definitely getting large media coverage

In respect to stocks, i dont know anybody who is into stocks and all others are completely oblivious to the fact that DAX is shitting its pants biblical

>>17481827
i bought 100 frozen dinners because i was going to cook them in the microwave, but don't have power... halp!!!! fucking morons. I just envy using my back up languages the way you eurocucks do.

>>17481815
yeah it's true about the boomers, but their solution won't be to pump their 401ks any more, it will be a great FREE plan by bernie to help all the boomers retire with everything they need!

i think by next week we will know that the virus is spreading through the US and a LOT of stuff will shut down: hotels, airlines, movie theaters, starbucks, restaurants, all retail. yeah we might be fine in 6 months and "commerce" will come back, but the reduced demand over several months will be lost forever and those companies are going to be in tatters.

>>17481844
that's happening now. fuuuuck gold.

>>17481803
Are we going for the record here? When was the last time a week was this red, great depression?

>>17481827
let me quantify what I'm talking about more exactly, in terms of an index?
let's say on a normal Friday morning in Germany there are, at any given time, 100 German businessmen on phone calls yelling "NIEN NIEN NIEN!" into the phone.
What is the number of such phone calls today?

I want to know what the German 999 Index is at

>>17481813
It's reaction to the US selling off hard in final two hours.

>>17481863
ah I spelled it wrong, I meant "NEIN NEIN NEIN!"

>>17481817
I'm from germany and don't know anything about stocks I'm just reading this because my bf is into it and i wanna like be there for him since he seems stressed out?

Yea people here seem to be freaking out a bit from what it seems on the surface, news etc. But just in normal day to day life most people are kinda rolling their eyes at it. So I guess it's 50/50 between people panicking and people saying it's NBD and will pass, just like it seems to be on this board from what I've read so far.

Can someone give me like a rundown for people who have never read a single word on anything finance related why this is worrisome and what the best thing to do is? I feel bad just sitting there saying "it will be ok babe dw" when I don't really know shit.

>>17481857
I bought a bunch of kitty food today, they only like one brand and I don't want them to run out during a shortage :(

Which stocks are you watching to buy during the big sale?

Look at this dude

>>17481858
what's interesting about this crash is that it is faster than 2008. in 2008, the companies became insolvent but were able to cover it up for 6 months and things slowly unraveled as we learned more corporate news every day.

with coronavirus, we already know how things will unravel because we saw it in china, and so once we have confirmation that this thing is free-styling through communities then we will be going down another 35% IMO

>>17481832
no it's actually a joke. 100 dead roaches under soviet air-strikes. they walk into a bar, but they're in syria, so under muslims regime they don't serve alcohol, and they deserve to die.

alright how low do we have to go for it to be a confirmed happening?

-30% in a month or what?

>>17481848
>but don't have power
mother fucker who are you?

>>17481879

>>17481879
you don't capitalize nouns like a german you fucking lazy fucking loser.

>>17481615
I guess the cost of the leverage is the higher fee and the fact you're also betting on low daily volatility in addition longing the index

If the market really did jump straight up and down daily, weekly, etc then the leveraged index would indeed fail to track and investors would be fucked, that just hasn't happened amirite

Dax is not down 4% am I missing something?

OH NO ITS GOING UP

HAPPENING CANCELLED REEEEEEEEEEE

>>17481894
just because i'm german doesn't mean i'm unable to learn how people type in other languages

>>17481845
I'm looking for some way to quantify the level of panic, if you can help me >>17481863

are German people truly emotionally panicked, or is it just a reaction to stimuli at this point?

>>17481879
thanks for the reply!
>Can someone give me like a rundown for people who have never read a single word on anything finance related why this is worrisome and what the best thing to do is
imagine dying of a virus
imagine everyone around you dying of a virus and there is no food in the store and you starve
OK that's the worst case and probably won't happen. But that's the root of the panic

>>17481881
post pics of ur cats NOW

>>17481863
I'm not in finance and don't know anyone who is unfortunately...

POST YOUR PREDICTIONS:

DAX TO TEST 11000

>>17481902
you looking at futures

>>17481895
>me and my bf
>implying bosoms

>>17481902
it's about to by up 4%
amirite?

>>17481902
Those are futures contracts

>>17481905
nein

>>17481879
>Can someone give me like a rundown for people who have never read a single word on anything finance related why this is worrisome and what the best thing to do is?
Numbers went down fast. They can indeed go down a lot more. This is primarily due to the perceived impact corona virus spread will have on the global economy, mostly from industries potentially needong to be shut down for quaratine reasons. I suggest not talking about the market at all. Make some yummy food. Rub your boobs on his face.

>>17481437
SPX TO 0 WE'RE ALL GOING TO DIE.

>>17481902
Yeah you’re missing a charged battery. Recharge that shit, you bitch lazy ass

Im thinking of doing a Yolo May put on Tesla with 80% of my portfolio. Bad idea?

>>17481886
that's a pretty funny joke
you're a funny guy

>>17481912
you're telling me, that right now in your general vicinity (in Germany), there is no one yelling "NEIN NEIN NEIN!" ?
The movies lied to me...

When would the Fed announce a rate cut? Do they usually schedule a meeting or something?

>>17481895
maybe i am a gay male who knows

>>17481908
yeah i didn't mean the whole virus panic thing i meant in relation to the stock market

you guys keep comparing it to 2008 which from my understand is really bad right

i mean if this is the apocalypse (lets hope not) then it doesn't matter anyway does it? but if it's NOT then what's the best way to act now to easily recover financially when things go back to normal?

>>17481923
doch

>>17481929
ok that sounds comfy i think i will do that

>>17481908
mew :3

>>17481908
sorry, dont know any german business man or people into stocks

you could try looking at german (business) news to get a feeling, but i guess they are generally downplayed

>>17481933
I'm wörking at a university (if being a PhD student can be considered wörk), people here are poor and don't own stocks anyways.

>>17481940
>those flags
you sit?

>>17481817
I live in Munich, and people are still quite calm over here. It might be different in NRW or BW (where the last cases were reported). My portfolio is quite fucked tho.

>>17481936
Titten jetzt.

>>17481948
das geht leider nicht tut mir leid

>>17481883
>he fell for the memes
kek

>>17481940
your cat is as grand as I expected
that's a fantastic cat right there
damn

>>17481936
stocks always matter
stocks don't ever not matter
but sometimes, people dying and starving to death matters too. not as much as stocks, but it can hurt the value of stocks, which is a big inconvenience. so we tend to try and avoid those times while getting as many stocks as possible

>>17481942
>>17481943
>>17481947
I have 3/3 Germans telling me that everything is fine
recession over boys, time for STOCKSS

>>17481945
I do a little...more than meditate

>>17481934
There is a meeting scheduled for June. They can cut and announce QE measures at any time if they feel the need.

>>17481857
>that's happening now. fuuuuck gold.

If you don't have gold yet don't bother buying right now. Wait for a couple of months for the dust to settle. When the corpses hit the floor is the time you start buying gold, because the rest of the market is just going to drop to the next circle of hell.

>>17481899
>I guess the cost of the leverage is the higher fee
The fees are higher but then again margin is literally a loan and there is usually some interest so it's to be expected. The question is can you make more money than you're paying interest. I would content in this scenario you can make much much more.
>the fact you're also betting on low daily volatility in addition longing the index
Consider SOXL which is possibly the highest performing leveraged ETF to date. In the first 3 years of its existence it crabbed up and down with huge volatility. It would go up and down 70% sometimes. Yet in the same time frame to date it has outperformed SPY 30x compared to 2x (pic related). Volatility is why you don't hold leveraged commodity ETFs, for index based ones it is a meme.
>If the market really did jump straight up and down daily, weekly, etc then the leveraged index would indeed fail to track and investors would be fucked, that just hasn't happened amirite
Yeah, and like anything else a scenario can always be contrived where the investment doesn't work. The whole "stock market could go to zero tomorrow" argument. The worst we have are the GFC and the depression and leveraged ETFs have been backtested through both of them and everything in between, yet the print money
>maybe i am a gay male who knows
show benis

>>17481953
Kuss meinen Schwanz

>>17481962
Her brother’s a sweetie too

>>17481975
>>maybe i am a gay male who knows
>show benis
Meant for >>17481936

>>17481963
i do little more than meditate.

>>17481985
>>17481987
i don't want to talk about sexual things i just want to understand the situation you guys keep freaking out about pls

Is anybody else buying puts for Intel and tsla?

>>17481627
Thanks for the spoonfeed anon

Thread theme

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

>>17481986
those are really good looking cats
I'm jealous
I have no cats right now because I live alone, and I work 40hrs/wk so I feel like I wouldn't be able to give cats the proper amount of attention.
I'm really good with cats though so I really enjoy being around them.

How much do they shed? with the long-haired ones it can be so random, they can make tons of fur or not much at all

where is the DAX rally, I need more cheap puts

>>17481995
give us details
what are your puts at

>>17481975
Thanks I'm starting to see it your way
It really makes no sense that we young people who are bullish on tech and the future like to fuck around with bitcoin and Tesla with a little bit of play money but do boomer shit with the bulk of our money, buying VTSAX every month like a 47 year old municipal worker with 3 kids and a house in Arkansas there's something contradictory about that
But idk maybe I'm being too indifferent to risk

>>17481827
>my mom called me yesterday evening and told me to stock up on supplies for 5-10 days "just in case"

All of this for a glorified cold.
5-20% of the West gets Influenza every year and that is far more lethal than Coronavirus

>>17481991
>i just want to understand the situation you guys keep freaking out about pls
we're freaking out about sexual things
post pictures of your armpits and I will explain

>>17481991
Ich gehe ins Bett, du wirst hier nicht die Antworten finden, die du brauchst.

Sweet dreams y'all. Make a memory...

>posted 7 minutes ago
https://www.thestreet.com/investing/dow-futures-fall-worst-slide-since-global-financial-crisis

Is it finally happening boys

>>17482010
>It really makes no sense that we young people who are bullish on tech and the future like to fuck around with bitcoin and Tesla with a little bit of play money but do boomer shit with the bulk of our money
Yep it's weird. I made a pretty good bit with bitcoin and still hold several dozen but if this situation really does go bad in the next few months I'm planning on shifting my coins over to these leveraged ETFs. For me I think that's the best way and I'm ready for the risk

>>17481991
Aktien fallen, Leute die dachten dass Aktien steigen würden verlieren Geld.
Niemand weiß wie tief die Aktien fallen werden und das macht diese Leute nervös.

>>17482004
you're my new favorite anon

>>17482034
stop speaking g*rman, faggot.

>>17482004
Sheddy lots, sticky roller budget for the household is high. In summer they get the lion cut, how embarrassing!

>>17482028
same thing posted for DAX
https://boerse.ard.de/marktberichte/dax-der-naechste-panik-tag-bloss-keine-panik100.html

im balls deep in shorts since monday, were all gonna make it brehs

>>17482046
9

>>17481420
Explain to me why I should buy this over a leveraged inverse etf right now. Is it less risky/volatile or something? I have a pretty surface level understanding of etfs in general so perhaps i'm missing something retardedly obvious.

BagholderExtraordinaire is my gf, don't reply to her without my permission

>>17481815
>I hope it won’t be that bad and that commerce can still continue because our medical system and cdc are better than Iran and China’s
The developed world will be completely fine. There will be a functional vaccine by the end of the year, it's only the developing world that will struggle with the outbreak.

Currently holding a 3/6 $630 strike TSLA put that's up $670 at market close. How much is TSLA drilling in the morning

>>17482060
How about I forcefully take your boipussy and make you MY gf, faggot? Would you like that? Yeah you would.

>>17482032
Have you seen any broad index leveraged ETFs that did worse than they should've or somehow fucked up and tanked?

>>17482054
hes just saying, even at the midst of a recession, in the long run(!) it would be better to buy this instead of normal spy

short term you could make more money from this crash from inverse but who knows how long it will continue

remember to expose tripfags every thread

>>17482071
No

State of emergency declared in Japan

>green
>red
>green
>red
holy shit is it volatile now in germany

>>17482050
oh no! not the haircut!
your cats must be so mad that you cut their hair but not your own...

>>17482036
I was probably already your favorite anon before ;)

>>17482084
I didn't give you permission to disobey me, now hows about you bend over and show me your FUCKING BUSSY right now, understand?

>>17481857
>i think by next week we will know that the virus is spreading through the US and a LOT of stuff will shut down: hotels, airlines, movie theaters, starbucks, restaurants, all retail. yeah we might be fine in 6 months and "commerce" will come back, but the reduced demand over several months will be lost forever and those companies are going to be in tatters.

The 2009 H1N1 pandemic infected more than 1 billion people globally (more infectious than Spanish Flu) and had a negligible impact on the markets. There may be a few isolated examples of schools or sports arenas shutting down for a few weeks but the notion of long-term widespread quarantine in the West is completely unfounded

>>17482076
i see. Thanks anon.

Whats your consensus for the weekend? is the panic to subside or getting even worse like last weekend?

Probably depends, if a US cluster would be found in the weekend shit would get real

>>17482087
hehe

>>17482099
leave me alone

>>17481881
This is why you should all have invested in Zoetis when you had the chance. Pets are recession proof

>-500
hell yeah

>>17482113
I'm not going to hold anything over the weekend, it really could go either way

>>17482054
>Explain to me why I should buy this over a leveraged inverse etf right now. Is it less risky/volatile or something? I have a pretty surface level understanding of etfs in general so perhaps i'm missing something retardedly obvious.
Considering the market has been on a more or less upward trajectory for the last 200 years, it's likely to continue. Recessions, health scares, bad political policies come and go and the market is very resilient. A bet on the leveraged long ETFs is a long term bet which is very likely to pay off huge whether you buy now and we keep going down or you buy a little now and we go down more so you can buy more, or you somehow miraculously time the bottom and go all in. Any scenario is a win long term.
The leveraged short ETFs are fantastic if you are lucky enough to get in on them on a down market but that is never guaranteed not even now. Is it likely? Sure, earnings are going to be shit next quarter but nobody knows what's going to happen with certainty. I believe with as much certainty as can be the market will be higher than it is right now. I have much less conviction it will be lower hence my strategy is to buy some leveraged long index ETF shares now and I will buy much more if I get a better price.
>>17482072
>Have you seen any broad index leveraged ETFs that did worse than they should've or somehow fucked up and tanked?
I have checked every single one I could find including SOXL (semiconductors), TQQQ (Nasdaq), UPRO (3x SPY), SSO (2x SPY), FNGU (FANG stocks), TECL (Tech sector), URTY (small caps), etc. and they have all vastly outperformed the respective underlying. Commodity ETFs based on oil, natural gas, etc. are where you get rekt long term, also volatility based ETFs are a no-no for anything more than a day or so.

gentlemen,

>>17482117
>leave me alone

>>17482119
PAWZ isn't looking so bad :o

>>17482119
remember CHWY? it was such a big deal when it IPO'd, we had at least 100 posts about it...

>>17482113
I feel like some of the fear of a US outbreak is getting partially priced into the market right now. 20%? 30%? who knows. But now that things have switched to full panic, new things that haven't happened yet are already being partially priced in, because they now have to be.

Futures tanking again

>testing 11800
and it's not even 10 am

>>17482129
is that the (rare) Italian-language investing.com futures?
are you in Italy right now?
did anyone cough on u?

>>17482102
ok, but we do not have an accurate idea of the mortality rate for coronavirus. the mortality rate is very important, and we won't begin to have a good idea of it until late March when Italy's patients or Japan's patients have had time to recover and stay recovered.

If coronavirus death rate is above 1% then I think people will stay inside. maybe not "widespread quarantines" but a lot of cancelled travel and closed schools.

i'm going to post this link again:https://www.theguardian.com/world/2020/feb/18/coronavirus-kills-chinese-film-director-family-wuhan-covid-19

That's a family of four who all died. If the death rate of coronavirus is in fact only 2% as is being suggested, the chances of all four family members dying is 1 in 6,250,000.

>DAX ON ITS WAY TO -5%

>DAX ON ITS WAY TO -5%

>DAX ON ITS WAY TO -5%

>DAX ON ITS WAY TO -5%

>>17481137
Listen to Munger

https://youtu.be/j8s7pNuiINM

>-4.38%
b-buy the dip

>>17482126
based. Do you work in finance or something? You know a lot of shit
I'm just a semi-NEET image board rando

>>17482003
I've been looking for this song, this is great, thank you anon

>>17482102
>The 2009 H1N1 pandemic infected more than 1 billion people globally
and that was less infectious and dangerous than Corona

now take a guess how man people are actually infected with Corona

>>17482168
>That's a family of four who all died. If the death rate of coronavirus is in fact only 2% as is being suggested, the chances of all four family members dying is 1 in 6,250,000.

I was with you up until that point
people can be more susceptible to certain virus for genetic reasons.
for that reasons and others, family all dying isn't that weird, it is WRONG statistically to treat the 4 family members as completely randomly sampled members of the population.

I agree that the death rate is probably higher than 2% in many cases (and survival doesn't guarantee that you're 100% as healthy as you were before), but don't improperly use statistics to make your case

>>17482166
>are you in Italy right now?
I'm italian, yeah
>is that the (rare) Italian-language investing.com futures?
didn't know about this meme, mhh?
>did anyone cough on u?
not yet, the epidemic didn't reach my particular region yet

AHHHHHHHHHH

I might go all in today, who knows.

>>17482217
stay safe fren

>>17482168
>That's a family of four who all died. If the death rate of coronavirus is in fact only 2% as is being suggested, the chances of all four family members dying is 1 in 6,250,000

Assuming there was no hereditary factors or other extraneous variables in play.

The main risk groups are the very young and very old (similar to Influenza), the majority of people do not need to be overly concerned with the mortality rate.

Several organisations are developing vaccines with human trials set to commence between April and June of 2020.

Influenza is far more widespread and has the potential to be far more lethal than coronavirus, mutates every single year and vaccination efficacy can be as low as 40% yet no-one pays influenza any attention. You should be far more concerned about a flu outbreak than anything coronavirus can do

>>17482066
You really think the FDA will let a vaccine hit the market a few months after it’s concocted?
The Ebola vaccines were just approved last year.

>>17482198
I was trained in electrical engineering but I've been in finance for a few years now and I'm real autismo about it. I have volumes of notes with a few, what I'd like to think, unique insights. I'd like to put in book form one of these days.
Gotta go though, good luck man

>>17482212
>you've convinced me, but i don't like the way you've done it
lul
what a back out
i'm going to make so much more money off stupid traders like you

>>17482168
A family shares DNA and environmental/treatment conditions. So it's more likely for a family to all die or all survive than a random group of people

>>17482260
Peace good luck

>>17482259
Israel is making the vaccine so , yes
invest in GILEAD the company making the virus

>>17482266
you didn't convince me of anything. Your post made no difference to my understanding.

The statistic that you attempted to cite was an incorrect sampling, and thus didn't prove the point you were trying to prove. I don't know if you knew that it was a misleading statistic or not when you posted it, only you know that. You can learn from it or not, your choice.

>>17482259
It will be fast-tracked if there is a risk of a pandemic. Ebola infected 10,000 over 3 years, was localised almost entirely to West Africa and was able to be eradicated through less intrusive means (Ebola is far less contagious than Corona)

Is it time to buy some vix puts?

Real bobo hours, who up?

>>17482260
what are the chances...
I was trained in finance but now I work in electrical engineering

>>17482313
Definitely not the economy!

aaaaand we're through 11800

>that anon who said a week of red would mean the end of the world
Man I hope so

>>17482307
I wouldn't short VIX on leverage or via options, too unpredictable. Someone was saying I was dumb in the last thred for accumulating SVXY, but ask yourself, will VIX be above 30 in July? Above 20?

>>17482313
up 8% in 2 hours

>>17482266
That's not what he said
He said there's a genetic component to disease and that's true
The sick sibling of a child that dies from flu is more likely to also die from that flu than the dead child's classmate
If a child does if the flu their siblings are watched closely

DAX testing support soon

>>17482249
thanks fren, I live on the Alps, don't worry, I'll go innawoods if it's the case

>>17482078
Sœy boy meme is over done
He just looks like a plump “white” male.
This is just the new “hipster” or whatever other memeword we come up with to shit on strangers.

Fuck tripfags though.

>>17482102
Yeah... too many unknowns right now to think it’ll be only as infectious as H1N1. I don’t remember them locking people in cruise ships over that. But maybe. And that wasn’t in a market that was smashing record highs on the indices after a practically parabolic move in largecap tech while the bond market is signaling imminent danger.

What did yields even look like back then?

>>17482147
Zoetis is animal pharma
Chewy is a fucking pet food subscription
Are you for real right now?

>>17482357
i read that lad was in tirol kek >>17481883

>>17482129
>SPY 290
FUGGGG
now I kinda do wanna buy that dip...

>>17482266
>A sample size of 4 is more reliable than a sample of 83,000

>>17482350
>-4.83%
AND I'M FREEEEEEEEEEEEEEEEEEEEEEE
FREEE FALLLLLLIIIIIIIIIIIIIIIINNNNN

>>17482361
You forgot to turn your trip on, SNSSanon

>>17482373
Ohhhh the French

>>17482345
So... don’t panic quit the SVXY trade?

>>17482372
there'll be better opportunities to buy in at 275 and 250 next month

gee i wonder where all the SNSS bros went?
or should i say SNSSanon and his vpn?

>>17482361
>What did yields even look like back then?
Honestly the crashing bond yields scares me worse than -15% equities, setup for true disaster in the bond market is a horror people aren't really focusing on enough

>>17482383
FUCK YOU
YOU JUST CROSSED THE LINE
FUCK YOU I NEVER SHILL MICROCAP BIOMEMES
(Though I have reposted the LPTX Superman meme image a few times. LeapChadsWW@)

>>17482393
I've never panic sold in my life. Obviously starting off -10% is less than ideal, and I'm sorry for encouraging you to get in on it so early. That being said I unironically still have complete confidence in it.

LONDON BRIDGE IS FALLING DOWN

>>17482371
based autists

Should have been a coiner like my father

>>17482422
>>17482422
>>17482422
>>17482422
>>17482422

scream and cry

>>17482422
>>17482422
>>17482422

>>17482422

feel it
>>17482422

EERE WE BLOODY GO LADS!
GET UR TICKETS TO THE SHOW LADS!

Black Swan Coronachan... What would of been a Correction is now going to be a recession. When the market is built on the house of cards, messing with supply chains will do it.

>>17482373
>>17482349
>>17482302
ok guys. my point was that we'd see serious disruption to DEMAND for products and services that will effect equities.

the counter argument i guess is that this virus will only kill off entire families who are susceptible to it. Is that right?

the markets haven't priced in this virus's prognosis because they are only now figuring it out.

>>17482415
Eh not your fault
You’re probably right. I think GEO ended up working out well for you after HODLing. Maybe some of the foodies could’ve gone better.

>>17481627
>ameritard bulls literally worse than winnie the pooh
MUH CAN'T GO DOWN

>>17482021
gute nacht

>>17482034
ja das hab ich schon verstanden. aber wird alles wieder gut? soll man einfach so tun als wäre nix oder alles verkaufen und so?

>>17482383
He's not me
>>17482396
I was asleep, obvously.