/biz/ - Business & Finance

thread theme: https://www.youtube.com/watch?v=Y9dzyLvvIRs

whoever bought APT ... good job on making it sir.

MACARONY VIRUS

>>17483865
What strike price should I go for on my puts today?

God yes yes yes I am so fucking hard for another 2008. Waiting for the best buy of the fucking decade.

>>17483865
https://www.reddit.com/r/wallstreetbets/comments/faoz0o/the_spy_has_been_breached/

HAHA IM LOSING MONEY

>>17483879
SPY Puts

anons im probably going to end up going all in spxu anyway but this feels too good to be true desu. Literally everyone is expecting the market to crash.

>>17483915
I'm risk managing somewhat by holding lots of cash along with the puts. Not going all-in like a retard.

>>17483871
Perfect

>>17483921
Also holding some GILD Calls at all times, though been selling it at highs or decent timings and rebuying. Mainly afraid of a "remdisivir effective treatment" causing a rally, want a little protection from that possibility.

>>17483895
lol haha are you losing as much as me?

>>17483865
Feeling like markets will be calm again by Monday. Today might be a good chance to open a long. But a small one as this entire week has defied expectations.

>>17483896
He said price are you outright illiterate?

today

>>17483942
Did you not browse the thread much the past few weeks?

>>17483933
>GILD Calls at all times
Gilead or gold? Gilead involved in the vaccine?

>>17483871
Yes, quite

>>17483945
Check IDs anon

>>17483963
Gilead with a treatment possibly. I do not recommend following the play unless you understand it.

I'm up on GILD after buying in at 66s, it's 70+ now. I've sold calls at 75+ and rebought in as well. So I'm comfortably up on the "hedge"

bobo...stop...no more...

>>17483972
>following the play unless you understand it.
Yeah i dont, ive been burned by biotech/pharma too much i just steer clear now. I was wondering which companies might have a part in the vaccine.

I have been too scared to check my portfolio for the past 2 days. I had 83k in SPY and 3k in SSO last time I checked. Oh boy

>>17483895
how can one man be so based?

I don't want to lose my ass on options so I'll just wait until Monday to buy the dip

>>17483942
what are you currently holding?

>>17483947
Hi bobo thanks for being a good fren

Any European brokers for puts, other than DEGIRO?

>>17483988
You'll never make it, bro

>>17483986
You've lost about 10.5k

Buy the Dip
(In Bowl America Stock)

>first month of trading
>the fucking crash to end all crashes happens

neat

>>17483895
>know nothing about stocks or finance
>decide to put money into an index fund
>coronavirus panic happens
>come to /biz/ to shitpost about numbers going down
this is fun

>>17484027
how'd / why'd you go short?

Whats it gonna be over the weekend?

My bet (hope) is it gonna shit itself further starting monday, there cant really be any news that would subside the panic, only bad ones increasing it (i.e. new cases)

UUUHHHHHHHHHHHHH

Anyone playing BILI earnings next week?

>>17484027
nice, what did you buy?

>>17484039
You have some probabilities you gotta look at

worldwide pandemic
Contained to some extent by some countries
super contained

I'm not sure where we are at now but the worldwide pandemic outcome is more likely than ever. Which is not a 1 week dip.

>>17484019
The fuck are you awake for?
Go take your bull nap
<3

this guy on CNBC is almost crying while begging for rate cuts

fucking shithead bull crying for the fed to fuck over avg americans for his portfolio.

>>17484048
yeah, like that bloomberg guy said, we only reached the bottom when the market doesnt react to corona news at all anymore

>>17483865
Europoor here, how long until US Markets open(read: crash)?

>>17484044
First week before correction I swung a few meme stocks--AMD. NVDA, SPCE. After it became apparent shit was going to go down hard, I went to cash and I've been day trading SPY PUTS.

>>17484001
europoorfag here, wasn't interactive traders a pretty good broker for that?

>>17484061
15:30

>>17484061
2 burgers 23 fries

GHSI
Corona p&d
also has good ocular health products w/patents for WW market $1+ by april or earlier. imo

>>17484061
if you live in spain or UK or france US markets open at 15:30

>>17484039
US & UK have barely been touched so far, but they will & this will get much worse when that happens

>>17484076
>>17484074
Thanks, cant wait

>>17484028
>sell current holdings
>open put positions on all of your formerly owned holdings

That's literally it

>>17484076
reminds me of my planned splurge and getting some panda express orange chicken

>>17483942
Hi there m8
Still being a wagie at AMZN?

>>17484028
same here, except I bought a bunch of TSLA when it was $344, so the gains from my meme risky stock is offset by the losses from my "safe" S&P 500 ETFs

DAX resistance at 12020?

>>17484070
do you have experience with them?
i tried the ademo acc but couldnt manage their interfaces (didnt try tws)

>>17484083
UK is in a different time zone to the other two

Do you think buying back in next week is a good or bad decision?

>>17484010
You can’t lose if you dont sell

>>17484106
depends on what share prices are doing

>>17484070
>interactive traders
You mean interactive brokers?

Think it's safe to get a fast food to celebrate a good week or will they coof on my food with asymptomatic spread?

Got some shares of TECS yesterday to hopefully stop the bleeding as much as possible and so far so good. What are some other bear ETFs worth considering? I'm too new to this to let my optimism go to shit over the kung flu

>>17484055
I legit want to wrestle him to the flippen ground. Bulls like him can SCREW OFF.

I legit got about 20-30 captchas in a row. Wtheck is this about?

>>17484051
im a speed freak, and Im about to short the VIX to 10 tommrow

>>17484111
thats like saying you cant be a dumbass unless someone calls you one!

>>17484080
>>17484080
>immune-supportive formula
>proprietary formula
we have enough bullshit natural products on the market
stop shilling this same news unless you have info on actual clinical trials where they found a clinically significant difference (that's assuming they're even conducting clinical trials in the first place)

>>17484097
no, but i usually hear some good stuff from them. wasn't degiro a bit more expensive than IB anyways? i do wish we had robinhood in europe. feels like we're idiots with the regulations from the eurozone.

>>17484121
buy a pass you bum

>>17483865
50 turkish soldiers killed by syria or russia middle east becoming hot this is not a drill

SELL SELL SELL

>>17484136
so many companies announcing anything with coronavirus related to get a headline and pop. Have to actually look into them. Also if it comes directly from the company sell the news.

>>17484119
that's a good point, im gonna avoid eating out for a while
>Typhoid mary
https://en.wikipedia.org/wiki/Mary_Mallon

https://123news.tv/cnbc-live-stream/

I bet this guy has a large call portfolio. What a loser. Wants his portfolio up regardless of screwing the average American.

>>17483988
how would you lose your ass on options in a way that you wouldn't lose your ass holding stocks outright?

*COCKADOODLEDOO*
Good morning fellow degenerate gamblers! What's on the menu this morning ?

>>17484139
I know that's probably what is trying to be pushed but flip no. There's NO direcy ROI on that. Screw off janny.

>>17484160
don't know what any of that means i just don't like captcha

>>17484158
Watching the world burn.

what does this mean?

>>17483942
Why are you still holding bro? Get out now. In a few weeks hop back in if you want to. This crash is not going to let up any time soon.

first for fuck tripfags

>>17484171
emergency rate cut and QE

>>17484173
Not that Anon, but my tax rate is high enough that if I lost 30% it would still cost me more in taxes.

>>17484010
Thanks

>>17484121
No you don't get it.

The big problem isn't the coronavirus or solving that. It's injecting more inflation into asset prices.

That will really help everyone stuck not working, laid off, and fucked over in the real economy! A rate cut while the economy shuts down for bio safety reasons

>visiting relative in hospital
>patient 50 metres away on the ward got diagnosed with coronavirus

>>17484171
means bonds inverted again right? so ROI on that bond is negative?

>>17484194
Depends
If you bought old bonds with higher rates, you just made lots of money

>>17484158
I'mma buy spyg calls in the afternoon when the weekend sell off happens

>>17484192
you know the drill. wash hands with alcohol. wear a mask. use skype

>>17484192

>ID: DAX

>>17484136
its more or less a vitamin im assuming. i stated its a p&d. was anticipating these targets without the corona pump involved. concernfag.

>>17484192
your relative and you will make it

>>17484204
care to explain a little bit?

>>17483942
I've lost 100k, so yes

FRICK THE FED AND FRICK THESE BULLS THAT WANT TO TRADE THE DOLLAR TO MINIMIZE THEIR LOSSES.

>>17484171
Band aid on a mortal wound

I'm going long on bat meat.

Green day incoming
https://www.cnbc.com/2020/02/28/ex-fed-governor-warsh-sees-coordinated-global-central-bank-action-soon-in-response-to-coronavirus.html

>>17484218
Old bonds with higher interest rates than today's are worth more than the principal if you sell them today

>>17484171
i didnt realise that government securities could be this volatile. wew laddy

>>17484240
Warsh just wants to minimize his losses that's why he's crying like a you know what. The absolute STATE. Anyone have the CNBC direct phone number?

>>17484214
Hey. I’m going to the Bay Area to visit sick relatives!
I’m gonna see if they have any of that bat meat that’s all the rage.

>>17484145
Good album. Aesop and dangerdoom I think.

>>17484123
Based. I’m gonna hang out in “literally free money that they’re giving me for free” svxy

God if I could get back into JNJ or PG lower than when I cashed out... what a dream that would be. Buy the dip my fren.

I lost 100k, half my money. Im selling everything and just being grateful I didnt lose it all.. We've almost lost as much as in 2008 and it took most stocks 4-6years to recover from those loses

SPY Puts are too expensive for me, anyone got some other suggestions for puts?

>>17484286
We warned you, you should've sold earlier. Guess you didn't lose everything, that's something.

My fellow euros which put options did you buy?
I made a nice profit with german airlines LHA.
Sucks degiro doesn't have a lot of american stock options though

>>17484294
VXX calls

Futures are still down but not as much as before because of the expectation the fed is going to do something. Wait for trump to open his big dumb mouth to make it all crash down

>>17484294
buy sqqq shares?

>>17484286
these percentages look comparable to you do they?

>>17484286
what have you been holding over the last month or so? mustve been a shit tonne of call options

>>17484309
Trump is the first literal economist to hold office. He knows what hes doing

>>17484282
Buy PBJ dip by the way.
Dip is so retarded I called my aunt and told her to sell all her bonds which shes doing tommrow

>>17484331
Yeah he’s certainly an expert at scamming the idiots who elected him

>>17484294
how's $450 sound?

>>17484294
Short ZBRA
Because they are Zebra Technologies and NOT Zebra Co., Ltd.

>>17483947
Based. I remember you kept posting "soon" two weeks ago. If only I'd listened earlier.

Holy moly

>>17484355
the fuck it was 294.77 a second ago

after hours price changes are weird and i dont understand them

>>17484344
I was thinking about doing those Monday
>>17484308
Long term calls? What should I pick for the expiration date

>>17484334
Ugggggghhh but I want more KOs and PEPies... gonna look at the etf holdings but sounds like a good idea.

The whole world could burn and people still gotta eat.

>>17484294
friendly reminder

>>17484366
>monday
probably wise

I just bought back in with 25%.

lol

The bear is unstoppable!

Up 63% this week

>>17484373
You just bought trash

>>17483865
So /biz/ I'm retarded and didn't pull out of the market before it began tanking. I have 16 grand in a Vanguard index fund that's followed the S&P for the past decade (left to me by grandmother). Should I ride it out or save it while I can?

>BEIJING (Reuters) - Recovered coronavirus patients who were discharged from hospitalization but later tested positive again have been found not to be infectious, an official at China’s National Health Commission (NHC) said on Friday...Guo Yanhong, a hospital administration official at the NHC, told reporters at a daily press conference that there is a need to deepen the understanding of the novel virus and improve health tracking and management of recovered coronavirus patients.

>>17484391
At this point there isnt any point to sell anymore.

>>17484370
I mean I could do a $300 put for SPY, but it would cost me $609? Is it really worth it? I only have like $1k to dabble with in stock market. Feel like I’d get better ROI with APT and other stuff like that

>>17484387
Mr. Dalio would like to speak with youu~

>>17484401
There's no fucking way they've got a viral load but aren't infectious without proper specialized ongoing medication like in the case of HIV. This is bullshit. It's over.

If the feds best plan is to coordinate with China in the hopes they won’t gleefully fuck us at the first chance they get then we are well and truly fucked

>>17484401
bullish, it's not a super bio weapon thats gonna have 99% fatality rate and mutate into a spore creature bursting out of hearts.

Since nothing is safe anymore, give me hot biomemes stocks so I can gamble

>>17484391
Just leave it alone, the world usually don't end and the stockmarket will recover even if it may take a few years

>>17483865
I have 23 more years to go until retirement, should I just leave what I have in my 401k and not move it into something safe?

I was at $140,000, now I'm down to $123,000

>>17484391
For the past decade?
I guess it depends on how badly you need money and how much money you’d like to donate to decreasing the defecit.

>Should I sell?

Why did you even put money you weren't willing to lose in the market anyway? You haven't lost money until you've sold. Babies first correction.

Bought calls yesterday at closer thinking this was the bottom. I was wrong, down in pre market

Bout to watch a quarter of my portfolio evaporate on open

>>17484407
There are countless infectious diseases that enter latency and lose infectiousness without the use of antivirals.

What is Herpes?

>>17484282
Aes and Rob Sonic

>>17484423
yes, passive regular investing works.

Trading is trying to time markets is also just as likely to increase your losses.

Buy.the.dip

Good morning lads, what are you in on today? For me, it's:

> RMTI
> GLOW
> DLCH
> SXTC
> TRIB

>>17484391
Dont sell now. its too late.

You can buy puts if the market goes down more to mitigate your losses.

>>17484423
Hard to tell but if these whiny people keep telling all banks to hit QE and they actually do it we may be looking at a really rough next 3-8 years.

>>17484427
If they're long term you're goooood

Banks are stepping in to stop the drop

>>17484423
Change your 401k investments to more conservative funds if they aren't already.

>>17484403
No one really knows that, normies are just NOW figuring out what happened in Wuhan. Most haven't considered prepping still. I'm not saying sell, I would just hold and check back again in a few months but the unwashed boomer masses might call their brokers to sell. Worst case you just offset some gains with capital losses when tax season comes around.

>>17484192
You are now on your government's list for round up.

>>17484423
This is a time for buying, not selling.
If you want to trade, you should have sold before the crisis.
If you sell now, you are literally the "buy high sell low" meme.

Be cautious when others are overly greedy.
Be greedy when others are overly cautious.

>>17484452
Eh, expiring in April but I'm about 10 bucks off the strike now so that's rough.

Are we still buying puts on APT this morning? it went from $25 to $37 overnight wtf

you lied to me. it keeps dipping.

>>17484464
Except everyone is going to release all their bad news Friday afternoon USA time.

>>17484464
>If you sell now, you are literally the "buy high sell low" meme
But what if I'm HODLing shares in Chinese companies?

Seriously, is there a fucking bottom to this thing? It feels oversold af.

>>17484471
>TRIB
its just fukin crazy

>>17484457
It could go lower, but it could also not go lower.
I mean sure, you can sell and gamble.
And you could be successfull or you could fail.
But I would definitely not sell out of fear.

Right now I am starting to slowly move back in.
Not full force, because we might go lowers.
But I do think its a great time to start buying.

Should this retarded shit be good for pharma, tools and grocery company stocks?
Assuming people get so fucking stupid they start "prepping" that is

>>17484423
Just stop buying with new cash and wait. Then dca in over time. 23 years is long enough to survive out events like 9/11, wars, 2008. You dont need to sell for that timeline.

>>17484439
>Trading is trying to time markets is also just as likely to increase your losses.

That's what I am afraid of because at the end of 2018, I got out of risky and into safe and I lost big gains in 2019.

>>17484451
>>17484464
>>17484455
>>17484464

Thanks for the opinions, anons.

If you don'tbuy

>>17484464
>This is a time for buying, not selling
We have further to drop. Once we get USA cases reporting up all over it will be another 1k drop per day for a week.

>>17484368
Yeah as soon as I saw that shit I made a note to buy puts. Easiest fucking money ever to be made there

>>17484489
I think peak fear will be when the men in the white suits are walking around a major US city.

>>17484495
, then you don't cry.

5th dip in a row, surely this is the lucky dip

>>17484506
when workers are in hazmat suits spraying people in the nyc subway with disinfectant

>>17483990
>>17484173
Just SSO, not any options, so it's not like I can't just keep holding kekekek

I've got 8k more transferring in. I think I'm just going to load up on SPXL

>>17484512
I’m in NYC, how fucked am I?

>>17484479
This nigga unironically said don’t buy this rally and don’t buy this dip. Go read his blog. Tony Dwyer.

>>17484512
that would be kino

this is a rare instance where even the banks are bearish. market will obviously drop further.

>>17483873
I bought ours for when it comes tumbling down lmao.

>>17484506
peak fear will be when the first death from coronavirus occurs in the US

>>17484520
based

>>17484355
is it even worth doing puts on SPY right now? i almost think it wont go under 290 at this rate and 285 puts for 3/6 are expensive.

>>17484522
You'd know it better than me

how well does the flu and cold spread in NYC?

gimme some cheap biomemes that will pop with coronavirus news NOW

>>17484522

>>17484482
>Oversold

We've barely gone back to late 2019, this is anywhere near as bad as it's likely going to get

>>17483871
If we're going with the classics, why not go all out...

https://www.youtube.com/watch?v=GXFSK0ogeg4

>>17484520
thats a proper mr bones wild ride

GILD
If you want a play on the long side, even then it's not a safe play.

Just drop to 0.0. Fresh start for everyone. Thanks.

>>17484452
Source?

>>17484522
If you are white you are fine. Just wash your hands before eating and soon as you get home.
>>17484540
Im in the same boat as you, spy puts are getting pricy. Im going with individual meme stocks like tsla and spce.

>>17484561
SHOULD I BUY MORE SPY PUTS (>>17484404)??? I WANT TO MAKE MORE MONEY, BUT MAYBE BETTER WAIT OR FIND SOMETHING ELSE TO PUT?

>>17484512
They should be doing that on a normal bases. Fucking spics and niggers

>>17484391
>>17484403
This is basically my rationalization for possibly stocking up on SPXL.

>>17484382
This pic is great

>>17484543
thanks to the subway system very fast

t. used to work in washington heights

Should i further short s&p? already in since beginning of the week but dont see an end to this ride

It has to go down, right bros? My puts are guaranteed money... r-r-right?

>>17484539
>>17484564
ty

>>17484599
Does it have lots of international travel? Lots of shared transportation like taxis? Maybe it'd be at risk. I don't know.

>>17484563
that's when the markets open. now it's all tension and uncertainty. then comes O Fortuna

>>17484621
no you're fucked mate, that shit is going to triple by 3 weeks

>down 9% on all my equities
>down 5% even on my cryptoshit
>down 1.5% on shiny metal

There is no refuge is there?

>>17484580
im weary about SPCE because of how volatile it is. it wouldn't surprise me if it had a small rally before lunch while crashing back down to $20 in the afternoon.

How much further is it gonna fall?
Coronavirus aside, it's started the pop of the everything bubble.
I'm betting down 50%, at least as low as the lowest from the great recession.

DAX comfirmed double top at 12010

>>17484623
>does NYC have lots of international travel

what do you think?

>>17484629
bonds

>>17484630
The virus hysteria is annoying to me as a medical professional because people are spooked by it for the wrong reasons, i.e they think it'll kill them whereas the real concern is slowing down the global manufacturing and supply chain. Annoying, for sure, but I'm making so much fucking money kek.

Buy TMDX btw.

>>17484465
Then you're fine

America will hit springtime just in time to quell worries about the beer virus

>>17484576
Someone posted it in the last thread

These threads need larger limits

Just like my trading credit amirite??

Gambling is fun, I normally just play the lottery and bet on sports but this whole "options" thing looks fun at the minute too.
I don't want to put much in at all though since I am poor. Any advice?

>>17484584
You think you'd get better roi with APT? Fucking quit trading right now and stick to passive investing. I'm dead serious. For your own good FUCKING QUIT

Dumb question but do you think this crash will affect my apartment renewal rate? Theyll be sending the renewal offer on March 10th

>>17484630
Nah at this point i feel like any hype for it is dead fully. The earnings report was going to be bad, everyone knew this but leading up to it people could hype it. There isnt anything to look forward to with SPCE for several weeks.

>>17484649
i forgot those existed kek

>>17484651
Why tmdx?

This shit is goin' long
Imagine the 20 cases popping up on the weekend, yikes

>>17484626
Makes sense, thank you. Though if I start hearing this coming from the floor of the exchange, I'm grabbing my bug out bag....

https://www.youtube.com/watch?v=hN14vgOZPmU

>>17484662
What? where do you live? No

>>17484649
Factor in inflation. You're still net negative on bonds. Corporate bonds might be too risky now that entire supply chains and a LOT of company margins are going to be affected. PMs and shorts. Watch the earnings reports. If the Fed pumps it look at leaving the US. Could be a very rough 3-8 years ahead of us.

>>17484669
Because it's a massively undervalued company with a 2019 IPO that has multiple FDA approved products and is quickly becoming an industry leader in the transplant world. It's cheap as fuck, earnings on 2/3, study results on 2/4. I've shilled it multiple times before, look it up on Warosu for a better explanation. It won't 2x overnight but it is a good long term investment. We use their machines every day and their only competitor is literally putting organs on ice, which we have learned isn't that great kek.

>>17484682
Austin, TX. Normally the rates go up a ridiculous amount for obvious reasons but i was hoping this would disrupt the market, at least to the point of limiting the increase in rent. Probably a fat chance though.

holy shit can we just go up or down? this sideways movement is so boring...

>>17484654
Will hold on to hope then anon. Cheers.

>>17484584
SELL BY END OF DAY OR YOU WILL GO BROKE

>>17484688
It is a small cap though and they tend to get fucked on massive movements like this, I sold at $20 and bought back in at $16. I wouldn't buy above $17 until the SPX recovers or stay flat for a while just fyi.

>>17484649
dont buy bonds when fucking 2 rate cuts are priced in beforehand

>>17484695
SELL WHAT? I DONT OWN ANYTHING?

>>17484659
I’m talking about puts on APT retard

short the bounce today

>>17484691
Just wait until we open. Pre-market goes all over.

>>17484688
Fiiiine

I might do that but only because they actually have approval

>corona is the new climate change

looking at puts on ishares china ETFs

>>17484626
>O Fortuna
Kekd

>>17484629
>There is no refuge is there?
That's what I've been saying, dude! With how much of a beating that SPY is getting, gold and crypto should be flying up!
TVIX and TLT are at least up
Maybe you could go 3X leveraged treasuries if you wanted to profit off the flight to safety, but who knows if it's going to keep falling...
Speaking of which, why the fuck isn't the European indices taking a bigger beating than SPY??? China's index hasn't even fallen catastrophically compared to the trade war plunge either! The US doesn't even have an uncontrolled outbreak like Italy, South Korea, Iran, or China, but the SPY is taking the biggest beating

>>17484715
Just kill yourself

Vix gonna take a dump then we pumping.

Holding stock in some solid mining companies that are going to release record earnings next week. I was up 60% since when I entered in September on Monday. Now I'm up only 15%...do I take profits? It's mind boggling that these companies that are doing good business have taken harder losses than tech stocks.

>>17484716
You're late. Wild night?

Spcechads what’s the damage?

>>17484621
it does.
whenever you feel fud just look at this >>17484368 picture

>>17484750
don't think there are any of those anymore

>>17484093
Yus :)

>>17484750
catastrophic.

>>17484649
What year is it? Just buy S&P and stop blowing dudes.

What did they mean by this?

let's play a game, anons.

markets open at 8:30, 15:30 in Europe.

we all know the shitfest that's about to come.

so i ask you to make this as magnificent as possible.

make today's market open a day you'll never forget.

play this. play it EXACTLY at 8:17 AM. and enjoy the ride. enjoy the selloff with one of the most notorious classical works ever made and rejoice in the historical moment we'll all live. hell, we might be the ones who talk to the young generations about today.

https://www.youtube.com/watch?v=9GhGuEW4k5w

or, if you want to time it to the market close, since the markets close at 4PM, play it exactly at 3:47PM. you're obviously supposed to listen to the crescendo, which is at 12-13mins, timed perfectly with the close.

have fun, im gonna try this myself.

What do I buy?

>>17484785
my body is ready

>>17484734
i heard china banned shorting the markets. turkey has done this too

>>17484523
link? if so im gonna be following this dude a lot more closely, he seems to know his shit in that case.

>>17484796
short spy if you can afford it.

FTSE is barely falling
What the fuck is happening lads is it turnaround time already
We're getting more cases not less

My casino puts are ready. Please let this thing fucking dump like a motherfucker.

>MGM
>SIX

What's everyone shorting? Any good puts that aren't at a premium right now?

>>17484027
first post on /biz/ of my life, a week after my first investment this had to happen
I just can't believe my luck

>DAX trying to break 12k for bounce
looks tough

>>17484795
thanks, bookmarked. going to masturbate before that though.

>VIX at 40

fuck

>>17484827
https://lmgtfy.com/?q=how+to+file+for+bankruptcy

>>17484827
>help

Peak of virus outbreak not in sight: KCDC

http://www.koreaherald.com/view.php?ud=20200228000726

South Korea has been adding new coronavirus patients by the hundreds every day since Saturday with no end in near sight.

Korea Centers for Disease Control and Prevention said the country had 2,337 confirmed COVID-19 patients as of Friday afternoon, up 571 from the same time the previous day, with 30,237 more being tested. Of them, 62 are in Seoul, 72 in Gyeonggi, 65 in Busan, 409 in North Gyeongsang and 1,579 in Daegu.


The Health Ministry told reporters that as of Friday afternoon, 85.7 percent of beds at hospitals designated for virus treatment nationwide were occupied. Seoul, Busan, Daegu, Daejeon and Ulsan, as well as Gangwon, North and South Chungcheong and North Gyeongsang provinces all had their beds fully occupied.

>>17484625
My puts are for april and august though anon...

Speaking of which I'm, thinking of buying higher august puts, why are some of y'all waiting for monday?

>>17484651
>he virus hysteria is annoying to me as a medical professional because people are spooked by it for the wrong reasons

Last year, 35 million people were infected by Influenza in the United States and 34,200 of them died. In 2018 season, it was 80,000 deaths.

>>17484785
Loss of market confidence and a selloff. Needs quant though.

Guys these bull investors are the worst right now. They keep wanting the fed to be liberal and pump the market to get short term profits. I don't think anyone realistically watching the news that doesn't have a solid financial/economic backgroun understands how bad this actually is. The market was already headed for a plateau and this inflation will likely drive consumer spending, long term delinquincies, amd stress the economy even more. These short term thinkers don't have a clue what they're doing and it's obvious. If we see Fed pumping the printers and the market, these next 3-8 years may be some of the toughest, if not tougher than 2008. Needs more in depth quant but rough quant supports it.

9 captchas again. Really 4chan

>$3.4 trillion has been wiped out of the stock market in a week
wew lad

>>17484851
SK is fucked. just goes to show the real impact of the virus - full hospitals and people will be turned away. america is going to be 10-50x worse.

>>17484796
SPY Puts.

>>17484785
Technical Analysis is garbage, Quantitative Analysis is where it's at. meme lines vs. actual math. how the fuck you're going to invest based on "this line is support... until it isn't"? meanwhile the moving averages have been down on the SPY since Thursday of last week. because they're an actual mathematical representation of what price is doing on average, wow so complicated so magical, average price going down means the price is going down i must be a fucking clairvoyent.

>>17484785
Good chart.
2008 crisis was -64% peak to trough.
We'd have to hit 170 on SPY for a proper 50% down, but that's just not going to happen
Even hitting 230 seems excessive -- that's full-on recession over an outbreak.
I don't remember this kind of market reaction to swine flu.

I'm now even more emboldened in my decision to load the fuck up on SPXL than before
I hope we hit circuit breakers today. I want to buy some cheapies.

>>17484807
Bond insurance (if it exists) might be a hot market right now. Man ISDA and some billions would be nice right about now.

>>17484870
What does this term mean?

"Ciruit breakers" I'm a banker and I've never even heard this.

>>17484785
It will happen at some point. A huge bull market like this does crash eventually. Is it now? I dont know but id say no. Demand for products are still there, its just production that cant keep up due to quarantines. I might get some deep OTM puts for later in the year just in case though.

>>17484821
The FTSE100 has spent most of the last 2 years dicking about between 6-8k without actually touching either. Brexit has possibly helped save us from a Wall Street tier bubble, so there's less to correct.

>>17484870
we are in a recession... productivity is going down. people are buying or coonsooming. we are effectively in a recession already.

Who /tvix/ here? How high we going boys?

>>17484821
Talks of Fed pump. If the fed pumps expect to see a probable bounce and then 2-6 week downward movement. My guess is earnings reports is gonna tank the market even more. Hopefully. And hopefully the Fed doesn't budge on money printing.

FUUUCK WHY WON'T IT DROP

Jokes aside, is it going to take US markets opening into another bloodbath for these idiots to get the message

>>17484886
people arent******

>>17484861
Yeah, and I had a 9 year old kid code in the ED because his family had H1N1. I've had peds come in because they have the regular flu, have had diarrhea, lose all their volume and K+ and also code. The symptoms produced by the coronavirus are pretty much the same. I was in med school when MERS was around, I'm not worried about the virus it and of itself is what I'm saying.

>>17484867
Korea is packed together in Seoul like sardines. Lots of people sharing apartments and such. Gonna spread like crazy. Also perfect environment for flu.

When will the Fed printing more not work anymore?

>>17484867
I think that the US will be far better, but the markets will still be fucked because people will see that the virus has caused at least six months of disruption to Asian manufacturing

>>17484827
Only gamble with other people's money if they can't make you pay it back

>>17484888
Holy shit explain tvix to me. Is it just the worse the market does, the more it f
Goes up?

there really is no bottom for futures..

>>17484870
Swine flu didn't shut down chinese manufacturing and logistics on an extremely widespread scale. Supply chains are already in pain. Not totally FUDing, but just reminding that the concrete effect it's already had is fundamentally larger than any of the other epidemics in living memory.

>>17484870
we are looking at global recession.

>>17484896
It's the higher volume

>>17484870
The problem isn't the virus it's how countries are reacting to it. We didn't shut down entire cities over the Swine flu.

Keep calm and carry on should have been the strategy from the beginning.

>>17484911
yes

>>17484892
Will probably open at a middling drop, which will turn into blood red by the end of the day

>>17484908
I work on Asian manufacturing with my hapa GF every night.

>>17484915
Or korea tech supply lines

Or india whenever it hits there, think they can control it?

Or africa?

Or South America?

Or Mexico?

Or JKapan?

>>17484734
>Maybe you could go 3X leveraged treasuries
I didn't even know those were a thing.

>>17484919
>Keep calm and carry on should have been the strategy from the beginning.
thats what china did in end of dec/early jan. how do you not remember back 1-2 months ago?

real talk: what's wrong with just sending everyone back to work and letting nCoV spread? some old boomers die and the rest of us get antibodies, and the global economy stops fucking crashing, so why not? literally just let nature run its course, this isn't the black fucking plague or something, or even ebola. it's the fucking wuflu. if we can't avoid getting it, and it isn't really that dangerous, and more controversially we could use a culling of the weak in society... seems like all positives to me.

i had the literal Flu recently and it fucked me up for 2 weeks, it was awful. but you know what? i survived and now im fine. it isn't worth destroying society as we know it because of the sniffles, let the old bodies hit the floor idgaf.

NOT THAT I MIND THOUGH, i just do what the indicators tell me to do and the more predictable the better. so easy to short currently so i just make money that way, can't complain.

>>17484896
>I'm not worried about the virus it and of itself is what I'm saying.
Same, I'm not worried either. This virus mainly affects the elderly and those with already compromised immune systems. Flu strains in the United States have been much worse.

>>17484881
https://en.m.wikipedia.org/wiki/Trading_curb
They were set up in 1987 when electronic trading was first getting popularized.
It is believed that there was a flash crash triggered by a long ass chain of stop losses triggering. So, NYSE set up circuit breakers at the 7% mark...
It's literally no longer possible for the market to go down more than something like 7% in a single day.

I NEED THIS DROP

>>17484936
>he fell for the it only kills boomers meme

>>17484866
hey $20k of that was me!

>>17484920
So literally just buy when recession is imminent? What is it pegged to?

Also, where is the top for this stock, was it really going for 580k a share? That's what robinhood says.

>>17484881
its when a change is so abrupt that the trading is paused for some time

>>17484905
now

>>17484929
Kek I've had DPG in my folio for years

Decent return 2x leveraged gold etn

>>17484936
100 percent this

>>17484936
You lose elections.

In china you get revolts.

>>17484936
real talk: youre a fucking moron.

>>17484940
Automated trading and stop losses need to be banned. We need to go back to market buys and market sells only and people on the NYSE floor screaming BUY BUY BUY SELL SELL SELL.

>>17484928
These are all TBD. I'm not personally all-in on deathmode but I'm plenty worried.

>>17484886
This. Fed pump means even more debt spending and even worse risk with lower return for the risk. It's bad whichever way you look at it but QE is the worst decision vs letting it just drop. Screw these bullish losers. May their calls die with their mislead influence.

>>17484943
The only not boomers that have died were babies/toddlers and doctors who bathed themselves in the virus

>>17484795
thx anon

The moment this shit starts to look like it's over, remember to start buying puts on GLD and GOLD kek.

>>17484941
>scamming212
wew lad

>>17484971
The market we are seeing is beginning to price in that situation. It's further along on pricing supply disruptions from China.

>>17484947
Because as soon as you buy it, Trump will announce that there is a coronavirus vaccine.

>>17484997
>>17484997
>>17484997
>>17484997
NEW
>>17484997
>>17484997
>>17484997

>>17484983
Why puts on Gold?

>>17484912
High chance we end up down as bad as yesterday. Maybe even more since its Friday and that typically amplifies a sell off in normal scenarios.

>>17485008
He thinks the prices will drop as people reinvest in stocks but it'll be a long delay because of uncertainty

Sounds good on paper but everyone wants gold

>>17484929
TMF is the ticker. You can buy options on it too, just like SPXL, I think.

>>17484886
The definition of a recession is 2 consecutive quarters of GDP declining.
Last I checked, consumers are stocking the fuck up on food in a panic over the coronavirus...

>>17484969
>and people on the NYSE floor screaming BUY BUY BUY SELL SELL SELL.
:'^)

>>17484621
im buying a lot of puts at open and then 2 hours after open anticipating a short morning run up. i think it's fucked after that. friday profit taking on maybe a $5-8 stock leading to panic sells

august expiry though to be completely safe

>>17484992
This blows my mind. Was it really worth 500k a share 5 years ago?

Is there any chance it ever hits those levels again?

>>17485042
>>17484992


Oh it routinely splits because of contango.

>>17484983
>buy puts on gold
>do option plays on XYZ inverse ticker, rather than just loading up directly on SPXL
>Gold hasn't even been rocketing up this fucking time
Oh, God damnit, you fucking got me to reply.

>>17485042
No it won't

Part if these ETFs is just to track the market and the other part is hype

They'll come out and then be day traded for a couple years and then people lose interest

>>17484810
Just google tony dwyer canaccord genuity or something.

What are we buying at the opening?
SPY puts or APT puts

INTC to 50 by monday?

>>17484192
The CDC is pretending everything is alright and they're pretty much not testing anyone unless they absolutely have to.

>>17484834
>buying at all time high

>>17485301
bruh but trump... based trump? stonks high??? orange man good???? 4 more years???????? awooooooovement?????????????

>>17485301
All time highs have happened at every step from zero to 29,000 retard. It literally has no meaning. The economy grows therefore its value gets higher.

will there be a small morning rally?

>>17485513
No.

>>17485513
probably not, no

>>17485513
Nobody's gonna fall for that on such a critical day like this
I expect the rally to be at closing but still end negative

>>17484834
it's no coincidence. probably a cohencidence. The boom of online ebrokers blew up recently, they knew this was coming and al good goy money had to be put to use, of course.

>>17484795

STARTING NOW

New thread for the opening in 10 minutes.

>>17485696
>>17485696
>>17485696

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA