/biz/ - Business & Finance

Daily reminder to grab some $nCoV , check out https://www.nasdaq.com/articles/coronacoin%3A-crypto-developers-seize-on-coronavirus-for-new-morbid-token-2020-02-28

just released! this will 3x ez over the weekend

corona(REMOVETHIS)token(D0T)org

YW /biz/ frens

So are we in the bottom of the dip or should we wait for 2-3 days ?

>>17495548
Disgusting

If the price of an option is determined by its greeks then why do options have a bid and ask price, shouldn't there just be one price because it is not being dictated by how much people would be willing to sell/buy it for but solely by the greeks? I thought I understood options pretty well but I guess not, lucky I made any money and sold when I did!

who hyped for nikkei drop here

Based galt

REMINDER

Blood red monday

>>17495625
Nah we pumping boys. Trump would never allow a further down turn. Did you not see the pump at the end of the day??

>>17495573
Probably Doji type shit for March. Short the Vix and Buy the Nasdank dip

>>17495625
Nope, extinction is priced in now. Green Monday and slow climb back up over the week.

>>17495548
Look at this shit. Fuck off NIGGER

>corona virus shuts down China
>everyone sells back to cash
>fee cuts interest rates
>now you lose money in cash
>buy back into stocks
>corona virus worse than anticipated
>more crash, no where to go
>it’s over
The dip has only begun. Don’t go all in yet.

>>17495642
You mean the bump that happened when every financial journal announced that the fed was injecting cash like a fucking junkie?

>>17495665
>Don’t go all in y
Too late, I maxxed out all my contributions at the top in January

>>17495601
No it’s dictated by bid ask which is dominated by algorithms that use Greeks.

SNSS just gonna be green again

>>17495642
Yeah I heard this the past 4 days. Not happening. Trump cant cure all the chinese factory workers and resume the weeks of lost production.

There’s a lot of masks and Chinese in Seattle. What do???

>>17495704
Interesting! Anywhere to read more about how that works in particular, can't find something to answer my questions about this on investopedia. So it's other traders usong algos that use greeks

>>17495719
But the weeks of lost production in China aren't worth 4000 points.
It's gotta bounce back for at least 1000 points.

>>17495686
yep- and the injection will work! Nothing will be announced over the weekend and unless the Pope dies green bull Monday.

>>17495535
>piss drunks logo
takes me back desu

yall ever see any of those dudes who skate for low card mag?
holy fucking hell those guys tear it up
https://invidio.us/watch?v=zte4PMDZZac

>>17495767
I seriously doubt it but time will tell

>>17495135
That was also a first, and a very bad sign for America. And a president I missed but I regard as an asshole for pushing the lie that wealth will best enrich those with little by giving it to those with the most capital. Trickle down economics is absolute horseshit, and I’m not sure what evidence he had for it. Also fucked up with mental institutions and war on drugs and stuff. Fuck actors.

But I have more disdain for the completely vacuous and artificial nature of reality tv. At least regular fiction is upfront about it.

I don’t know I’m a cranky old millennial and I don’t like the kardashification of America, and I see trump as a part of that.

I suspect the apprentice was his most successful venture in decades if not ever.

His only job right now is to make my numbers go up and suddenly his job performance has taken a worrying turn for the worse.

>>17495157
On Monday maybe but not before. Darkpools were not buying in any notable way. This has me leaning crabbish.

>>17495799
fuck off, reddit spacing normie. REEEE TRUMPing when it's obvious bat aids is the reason the markets are shitting the bed is just sad.

>>17495767
You forget that we haven’t even seen the effects yet. It doesn’t stop at the factories. Every computer manufacturer won’t have chips, no more new phones, computers, routers, replacement parts. Data centers can’t fix broken servers. Tons of metal and plastics for building and fixing things gone. Ships don’t show up to docks. Dock workers don’t show up. Truck drivers have nothing to transport. Businesses have no materials. Shops have nothing to sell.

>>17495755
No it’s all secret because it’s big money. All you can do is learn Greeks and how to trade, nobody gonna tell you shit since it’s extremely complicated and expensive.

>>17495799
how can you have information about dark pool activity?

>>17495785
dustin dollin been my hero since childhood
Also Antwon Dixon stole me a 4loko when I was 16,
I think Antwon has actual mental retardation or at least needs to be in a padded cell

Corona is literally a nothing burger
https://twitter.com/Alicia_Smith19/status/1233427141838229506

>>17495688
You can leave your contributions as cash though? You can buy in increments.

>>17495780
>nothing will be announced
Is this bait? Every hour there’s a new case. California has a case with no origin. Soon it will be in New York. It’s certainly already in Seattle. Next you’ll hear about cases in Germany, France, and UK. It’s not if, it’s when. And when is now.

>>17495573
I think it's generally agreed upon that everything's dipping because Corona is fucking with supply chains and everyone's earnings are going to suffer.
Fed will cut rates, question is will anyone even buy that this will do anything? Cheap money or credit isn't going to help when Ford can't get the car parts it needs. Historically Fed money means stonks will go up, but it's also never been used to try and address earnings misses due to supply chain shocks before.
If the Fed money doesn't do anything, then this dip is going to last as long as supply chains are hampered, which means this is just the beginning. If the Fed still has enough hype power to pump up the jam in spite of everyone knowing that earnings are going to be a huge miss for everyone, then the dip will (at least temporarily) reverse.
Personally I'm out man, I think this is going to get worse before it gets better. We've go at least another few weeks of countries shutting down borders or companies announcing their going to miss earnings because they relied to heavily on just in time delivery.
Maybe I'll miss out on some gains, but I think we may have finally reached the point where cheap money can no longer prop this thing up and I'm acting accordingly. But I'll admit there's a very good chance that the market is way more gullible than I think and I could be wrong.

>>17495861
>Antwon Dixon stole me a 4loko when I was 16
based
and yea i dont think hes doing so good desu
skateboardings a rough life
but fuck is it fun
wouldnt trade that "wasted time" for anything

What are your guys thoughts on disney? I figured its gonna keep dropping cuz their ceo stepped down abruptly, and their parks are closing down and theres nothing big coming out for Disney anytime soon. So i went and got a put on it

>>17495535
100 bucks to anyone who knows what that pic is

At this point the virus is a given, the market is reacting to fear of itself crashing, not to the virus anymore. Boomer Flu was the straw that broke the camel's back. Even if corona was cured over the weekend the next recession is 100% inevitable, it's time to stop hoping for a recovery and time to start preparing for the worst economic period since the Financial Crisis.

>>17495944
DIS is a really slow moving stonk
arguably one of the most boomer ones around

i hope you got some time on that

>>17495858
Thanks for the help, I know what the greeks mean in a very rudimentary way buy still confused about certain things, hopefully it will all become clear eventually!

>>17495963
cough it up >>17495785

>>17495881
Yeah because it's a fucking flu, it's not ebola, people recover from flu in 2-3 days if they're healthy. It's obviously not as serious as people think (unless you're a boomer) but the market at this point has broken its supports and will not recover even if corona were to cease to exist.

Whether it is a nothingburger or not is totally irrelevant now, we're already in the end-game.

>>17495944
>ceo gone
>corona closes parks
>no new IPs
>marvel is done
>Star Wars is canceled
>toys not selling
>toy manufacturing shut down
>but they still have Disney plus!
It’s very fucked.

>>17495944
I thought Disney plus was doing well. If people are forced to stay indoors it could gain popularity. Netflix is really the only faang stock not affected by this crisis.

SORRY YOU HAVENT MADE 58k OFF OF L*NK LIKE ME TRANNY NIGGER OP KYS FAGGOT

>>17495944
Betting against Disney is always extremely difficult but I would say they'll miss their earnings by a massive margin and that will prompt a sell off.

>>17495535
Is this even a crisis? All the reputable one line posting has stopped. Seems like we’re primed for a historic bounce.

>>17495978
I don’t even bother with Greeks (though I probably should learn it better) because it’s all handled by computers and you can’t beat them. So that means you have to get ahead of them and Greeks don’t really help much there.

>>17495535
OP is a newfag baby edition more like it kek

>>17496005
they got a lotta cash tho last i looked.
they could bleed money like a sieve and just sit back and sell IPs for like the next 20 years and still look decent on paper

>>17496036
if you cant into greeks, you should not be trading options my dude

Savanon? Pendy?

Save me

>>17496032
Potential downside this weekend:
Corona found in:
New York
Germany
France
UK

Upside?
Fed cuts? Doesn’t stop the virus.

>>17496036
Whats your general strategy for getting ahead of them of you don't mind me asking.

>>17495623
Anyone not buying the dip a retard. Cant wait for my divvies to become so comfy. All my most watched all fell way under my targeted buy rate. If this keeps up I keep the ones I want and short the continuing fall.

>>17496060
Can’t is not the issue, I struggle to see their value for a human trader.

>>17496032
It's absolutely a crisis, we're seeing a total loss of confidence in the market to sustain growth. This will cascade into a loss of confidence in debts being paid (student debt is $1.47 TRILLION), loss of confidence in land prices to continue rising, this is a turning point and we have nowhere to go but down. People are going to be dumping capital as it depreciates and it will snowball into a total recession or even depression.

>>17495625
Oh God please please I had to move money to take advantage of this fire sale. Dont let it correct too soon.

Just made $150,000 today selling my SPY @310 puts and VIXY @15 calls. God damn it was a stressful day but I made out like an absolute bandit.

>>17496081
dude theres so many fucking ways you can make money, or even hedge, just on the greeks (delta aside in this case) alone

if youre not gonna bother, id say go for futures instead if you want lev

>>17496032
>>17496070
Please explain to me retard bulls, how in this market there will be a historic bounce. The market has been flooded for fucking years with cheap credit, valuations have risen incredibly while earnings have not kept up pace. The market is a sick man, and another rate cut by the fed won’t do shit all because this isn’t a problem created by a lack of available cheap credit.
I am beginning to believe that 99% of this board has no formal or informal economic knowledge/training. Take a look at the state of securities and their yields right now. Historic bounce are you ducking high or retarded or both?

>>17496106

How much did you put in from the get-go?

>>17496075
You research company fundamentals, read the news, listen to rumors, feel the sentiment, observe the charts, deduce patterns, then you formulate a plan, a price, and an exit. Then it’s a psychological battle between your fears, how you react, and other traders.

I bet not one anon on here could tell you what this flag is called. Skateboarders are the elite

>>17496089
>we're seeing a total loss of confidence in the market to sustain growth
idk who had it in the first place
mustve been asleep at the wheel
this was obviously all getting a little out of hand
couldve been anything that set it off. bat aids is just the funniest

>>17495535
What the fuck was those last fifteen minutes?
Explain it to a retarded noob.

>>17496110
All options are already priced with bid/ask spreads based on Greeks done by computers. No reason for me to calculate them if they are already there, unless you have some edge over them.

>>17496106
noice

>>17495664
I don’t know if nigger is even an appropriate insult for these scum who try to push these erc token scams. They are so desperate and poor it’s fucking gay

>>17496159
jew "market makers" (MM), or plunge protection team (PPT)
now you can google

>>17496167
the politically correct term is "pajeet"

>>17495799
You fucking commie think tank shills need to kill yourselves or we will appoint someone to be your executioner in the future .

>>17495861
He was such a good skater but...
>nigger
Even andew Reynolds gave up on the guy. But he also hates niggers kek. Remember he fought Gershon Mosley or something ?

Is Nikkei trading yet?

>mfw I decided to short gold
>mfw it worked

>>17496219
Does it trade on Saturday or no?

>>17496121
I have formal economic education and training. You are a retard that does not understand consumer sentiment. If you didnt position yourself today for gains on Monday and next week, thats your problem. May I recommend you seek some formal economic education and training??

>>17496160
you strike me as the kinda guy who only trades single leg, long options
no offense, but youre kinda missing the point of em

greeks can be very helpful, and you need to understand them if youre trading more complex options positions. if you dont, you can and will get bogged by them at some point

>>17496221
You're either a genius or the world's luckiest retard but one thing is for sure, you're richer today then you were yesterday. Congrats.

>>17496219
What month is it in Japan right now?

>>17496227
Ahahahaha what a fucking retard liar you are, that or you went to some backwater uni in ducking Albania.

That fucking rally I bought GE puts for 3/6 at 9.50 for 20c this morning how the fuck did it bounce 7 percent eod.

>>17496121
Nobody cares about your libertarian Ron Paul bullshit man, its going to historical bounce because all the threats are now accounted for we are getting a rate cut and now we need to wait for actual proof of economic damage not just doomer theory.

Every stock fundamentally is screaming OVERSOLD OVERSOLD OVERSOLD

It may not make a real recovery but stop being such a greedy POS and let bulls have ONE DAY jesus christ

>>17496242
>what is a leap year

>>17496242
February. It's a leap year.

>>17496267
One day? What was all of last week?

>>17495930
A big part of this drop is large money being moved around from those companies that rely on global supply chains into companies that will see good earnings during the quarantine/treatment of the virus. The indexes probably won't go up, but there is still room for major bumps in certain stock prices.

>>17496121
The same investors who saw value in your "overvalued stocks" are the ones who are now sitting with 3.5 trillion in cash.
Once the fear of a full blown outbreak has subsided, do you really believe they are now content to sit on that money and let it deteriorate with the cost of inflation? What exactly do you think changed doomer? Once supply chains are opened up, its business as usual. The sun will still rise and fall on schedule.
You end-of-worlders never fucking learn.

>>17496241

I had the sense that a false sense of security in gold and the fact that everybody was flocking to it would lead to fallout and a tapering-off. Just your usual "swim against the tide" strategy.

Granted, I only invested a little. I was burned by buying calls just before the crash, and didn't want to risk fucking up yet again.

I also have the sense that the market will modestly rebound in the coming week, but I'm not confident enough to buy calls again. Might as well enjoy my spoils while they last.

>>17496159
>>17496169
What he meant to say is the literal Jews have already cured the Corona Virus. Don't you dare try to come between a Jew and his money. Man, Nation, or Virus, all fall before the Shekel.

The bear will leave its cave forever.

>>17496237
Yes, I only do single puts/calls which I use as a way to leverage my funds with limited risk instead of buying stocks outright. So if I believe a stock is going to hit a certain price target by date X, instead of buying the shares, I would buy calls/puts instead to increase my leverage. Stocks are already so complicated that theres no need to overload yourself all at once. I'll get to greeks and complex options structures when I feel like it. This is just a personal preference.

>>17496301
I'm seeing tons of money simply leaving the market altogether. I refrained from buying puts on several companies that would not be affected by the quarantines (utilities companies mostly) and they still declined massively anyway. Investors are running to cash, and that is a guaranteed sign of recession. They are not simply buying safer stocks, they are leaving and probably not coming back for a while.

>>17495548
fuck off pajeet

>>17496227
>I have formal economic education and training.
>consumer sentiment
You are fucking retarded. Corona is still a nothing burger to most people outside China. It can only get worse.

>>17496241
any given trade is essentially a coin flip minus fees. it's not that much luck. can still be a retard.

>>17496250
Im also up 300% this year on a six figure account, you decide. Im not here to convince you, if you're short come monday morning you are almost certainly fucked.

>>17496121
You’re right. That’s why I liquidated EVERYTHING. It’s over.

>>17496267
Stocks were oversold on fucking Monday dude.

>>17496267
Like do you understand what a rate cut does and the effect it has on the economy? It doesn’t mean shit all if the lack of credit isn’t the issue you dumb fucking reddit tier brainlet

>>17496159
Just look at the last thread and if you don’t find those explanations satisfying the chalk itl up to FOMO

>>17496349
Well, people want to make money, and if this downturn is simply the result of panic, the money will go back into these stocks eventually. Still, some investors are likely to eye biotech and other companies so those stocks will keep going up. I've seen biotech and medical supply companies going up 100% yesterday, or in the past week, like IBIO for example.

Powell putting out a statement today is significant. It's somewhat unusual to do so outside scheduled fomc meetings and press releases. I interpret this as likely Fed will do a 25-50 bip cut in March 17-18 meeting, probably say blah blah corona virus concern blah 2% inflation target. Rate cuts are also traditionally good for oil price in short term. My whole oil thesis fir March is OPEC production cut on the 6th because Corona impact, China reopens factories, Powell cuts rate, oil goes straight back to mid 50's.

Fingers crossed this works out. I need crab walk on index for best scenario. Or recovery is good too but crab is sufficient.

>>17496364
At this point the fucking apocalypse is priced into most stocks.I literally got out of the industry because I got sick and tired of arguing with boomer faggots like yourself over why they shouldnt do stupid shit. Lose your money, ill watch.

what's gonna happen monday?

>>17496391
You think this was the correction and correct that's been over due for 3 years before the fed start slashing rates like a fire sale on the tail end of Obama's presidency into Trump's first couple years? Oh.. sweet summer child..

>>17496189
Come fight me in real life you seething homosexual.

>>17496415
Bounce day. Pretty sure unless more awful news over weekend.

how are you coping with your losses?

>>17496302
It’s not the end of the world, we’re in a fundamentally sick market that needs to be dramatically corrected for long term health. Growth driven by speculation that is in turn fuelled by cheap/available credit is a recipe for crash down the line.
I’m all short/cash for Monday, and I’ll buy stocks after the massacre subsides.

Corona will be cured within 2 weeks and you will hear about cures en mass from different nations within 1. Just like a bad run in "Plague Inc-by Ndemic Creations-the hit mobilie game ported to steam", the game that inspired the Corona virus, our deadly pathogen revealed itself for too soon and its cure is but on the horizon. The ride is over Bobo, it was fun while it lasted but its time for another "correction", but this time we are going up. But don't worry you still have time to profit from all this, buy SNSS.

>>17496423
You dont consider a 20% haircut in 5 days a correction? Do you understand the difference between a correction and a market crash?

>>17496242
Winter

>>17496227
>I have formal economic education and training
>dropping your "credentials" into a 4chan thread
lol

>>17496216
ya know, some of the only long standing buddies i got who are black i met through skating. its something of a way out of standing outside of a corner store slinging crack till your 40 (or 16, or whenever you get shot), telling everyone that you got a rap album bout to drop.

considering the low cost of entry, and the ability to make any shithole city you live in into a fucking playground, im surprised more of em arent into it. i guess its just seen as some "cracka ass bullshit", and by all rights it IS, but its definitely better than some "nigga ass bullshit" imo

in antwons case, and really all those old baker dudes that were at the mansion, the problem was that, while being some of the best around in terms of cracka ass bullshit, they also got cocky and decided to get into nigga ass bullshit (ie crack fucking cocaine) too. in antwons case, iirc, i think he also got heavy into PCP, and something mustve snapped

sad shit. you only got a couple years at best to do that stuff (skating that is), and to stay on top, you gotta go all day, every day on it. hell, even if you dont get into some heavy drug problem, how many times can you realistically jump down el toro before youre a fucking cripple?

>>17496436
Buying options. Working out pretty well desu, by end of next week I'll probably be out of the hole.

>>17496364
This, fucking retard larper that guy is. >>17496370 “ oh no there will be no recession or even correction because consumer sentiment “ lmao.

>>17496381
Alright man, you do you, I’ll keep making money off people like you ( and maybe even you yourself! )

>>17496449
I noticed there are a lot of people coming here this week that pretend they know what they're talking about and clearly have no investments.

>>17496415
Depends on news. If non-stop corona, red for sure.


>>17496444
> cured within 2 weeks
lmaoooo

>>17496423
I think its a panic sell, which was exasperated by bad credit and overbought stocks. Its going to move big all next week, how it will move I'm not sure, but I believe there is still more downside, especially when corona spreads and shuts down more business sectors.

STINKY
L*NKY

Daily reminder to grab some $nCoV
https://www.nasdaq.com/articles/coronacoin%3A-crypto-developers-seize-on-coronavirus-for-new-morbid-token-2020-02-28
this will ez 10x over the weekend

>>17496436
I haven't lost anything this week
be cause in order to lose you must sell
and I don't sell

>>17496412
> apocalypse
> priced in

Top kek. I guess your “ formal education and training “ didn’t go over basic week 1 intro to markets concepts like P/E ratios.
Does it make you feel like a big boy larping on 4chan? You do realize that anyone that has taken even a basic course knows you’re retarded and sees through you right?

>>17496436
I have made about 1k a day this week. If you lose money during these insanely volatile periods where the fucking SPX trades like a pajeet shitcoin, you deserve to be poor. My only regret is not risking more money this time around kek.

>>17496514
Based

>>17495785
awww yissssss

>>17496480

What strategies do you use?

Chinas solution to rising death toll?
>Just don't count the bodies!

>>17496526
hey somebody saved my shitty meme lol nice

buy yeah selling at a loss is retarded boomer shit. stocks only go up boys.

>>17496449
Not when it rallies back 900 points before closing. Totally organic BTW. This shits gonna tank next week if the fed doesn't cut rates again. We've been well overdue for a major contraction and 20% isn't the bottom.

>>17496519
Absolutely agree, periods such as this are among the best/easiest scenarios to see massive gains from. This whole bull/bear tribal meme mentality is retarded though, you adjust as needed to the scenario. That being said
> Feb 28 2020
> being a bull

>>17496444
Shoulda started in Madagascar and waited longer for the coughing vector.

>>17496543
Depends on the stock. Obviously I bough puts when APT peaked because it's due for a catastrophic crash landing. I bought puts on a company that seemed to have a delayed reaction to the downturn (Canadian Utilities Ltd.) and was almost guaranteed to fall. I don't really gamble with options like plenty of other tards on this board, I only go for sure-thing returns with low risk and cheap premiums.

why are normshits so happy with letting their investments tank? You see copes like "time in the market beats timing the market". OK you fucking boomers, have fun missing out on gains.

>>17496436
No real losses here.

>>17496552
Ah. But not all stocks go up at the same rate

>>17496543
Buy low, sell high, skate or die.
>>17496586
Yep, the meme is stupid. I bought and sold 290 and 285 SPY puts all day, as soon as I saw the final pump start, I bought 10 300 calls and sold them immediately before close for a cheeky $75 profit per contract.

The market is manipulated by governments and whales, you just ride the waves they make and take what you can take.

>dat end of day rally
>bears: NOOOOOO NOT MY SHORRRRRRTTTSSSS WHY DID YOU CRUSH MY DREAMIRINOSSSSSS NOOOOOOO I HAAAAAAAAAAATE YOUUUUU

>>17496595
Furthermore I still can't believe APT spiked so high, the fucking company is worth around $3-4 and would be a fucking penny stock if not for this virus.

>>17496514

>>17496595

Nice. I still haven't traded options enough to really get a sense of whether my intuition is accurate, but I feel like the right combination of conservatism and astuteness can make them go far for you. In some sense it feels like cheating. My confidence in options may be tested if I start making bad plays more regularly.

>>17496517
The irony here is not beyond me, but I understand, its a forum so who says im not full of shit and actually a Wendy's chef. ill go back to lurking while you guys pump penny stocks and meme coins all day.

>>17496124
12k on the SPY puts, and 25k on the VIXY calls. I liquidated my stock holdings (which I took gains on since I was long AMD and Nvidia) to do that.

Give it to me straight bros. Will there be more buyers than sellers next week?

>>17496606
because normies have jobs so can contribute to their portfolio regularly. they're not cashing out their investments any time soon so it's just cheaper stocks in the mean time.

>>17496687
There is a 0% chance of you getting anything resembling an accurate answer, every prediction I have seen anyone make about the floor has been wrong.

>>17496588
The real problem was not spreading before mutating symptoms, I mean it barely had anyone before it was caught.

>>17496705
absolutely no long term guarantees

>>17496675

Awesome, man. I'm happy for you. I've been tentatively dabbling in options, and while I'm not yet comfortable with trying multi-grand premiums, if I continue "running the experiment" and find that my success rate is reasonable, I'm considering using them as my primary means of wealth creation.

Obviously none of us can predict or time market changes, truly, but discerning trends isn't out of the question. What I like about options is that it's like being able to sell your bet before it actually pays off. If you're on the winning side, you can relinquish ownership early and keep your profits. Maybe they'll go up from there, but at least you're not losing any of your own money by getting out early.

>>17496733
Hell yeah dude, that's why today I fucking liquidated EVERYTHING and I mean EVERYTHING.

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

>>17496606
Unironically because after a few years of this shit they don’t want to redo their massive spreadsheets

Any other reply you get to this question is 100% posturing

Did you listen to the prophet?
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 buying SPY or worse, 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

>>17496705
>buying once => no compounding
No wonder they have such shit returns.

>>17495799
>War on drugs Reagan
You wot m8
>I’m a retarded American millennial
Ahhh it all makes sense now. I used to get upset when people thought I was canadian or european but I see it as a compliment these days.

>>17496733
Looks like a lucrative market for traders, look at the size of those peaks.

>>17496397
Most of the money in the market is run by guys who couldn’t even figure out how to post here if they tried

>>17496733
I could work with that

You didn't fall for the bull trap did you?

>>17496687
Stonks up. Always up. Stonks never down.
The magic 8ball has spoken.

bah i expected far more from the corona scare

as it stands perhaps next week bull will return

emergent markets like brazil and india even finished the day really green

fuck this shit

>>17496826
That's a literal who. It won't affect Monday at all which is what I want to see

>>17496826
More like David Shyster.

Half of the population? Pure horseshit.

>>17496826
Weeks away faggot. The market will rally Monday onwards.

>>17496826
what a fuking FUDder

>>17496821
>just hold for 50 years lmao

>>17496757
Based leveraged ETF proselytizer. I am unironically all in on SOXL, TQQQ, and TECL. We will see where it takes me in the next few years.

>>17496826
The virus spread unknown in the most populated place of the world, where hygienie is unknown. Only few thousand ppl dead.

Yeah ofc it is going to kill millions of americans. Based retard.

>>17496836
I don't know what you expected, we had one of the worst weeks in market history and a recession is coming.

>>17496519
I'M GONNA FUCKING COOM

I'm expecting a red Monday. May Corona-chan, wreak havoc this weekend.

just woke up after going to sleep at 12pm PST.
yo snss finna dab strong

>>17496856
Welcome aboard fren

this market is crazy.. gunna have to trade hard and fast for the next month or so.... i say.. bring it

>>17496436
I'm not invested in the stock market, I'm here for the denial posting. Makes the red wojaks that are about to flood this board for the next 6 months all the more satisfying

>>17496733
>imagine thinking the US economy is anything like the naps
the USA has all the best corporations end of story

>>17496826
>spreads in the most densely populated area on earth with a population of 60 million
>2000 deaths
>mostly boomers on their way out
Wow its fucking nothing

>>17496895
I'm in the same boat as you brother. Why only the NASDAQ decided to finish green is some bullshit

>>17496826
This nigga is short up to his eyeballs.

>>17497004
normalcy bias. that's why you're spewing bullshit. coronavirus never got into tokyo, but hokkaido, where they are not taking extreme measures.

>>17497004
>this
Outside of wuhan province there have been 100 deaths total. 100. Total.
More people have died by electrocution.Time to cut the power I guess.

>>17497042
No.

That's actually what the best experts think is a real high chance probability.

>>17496872
for every single day to be in red for infinite free money, apparently.

>>17496675
whats your total capital?

>>17496745
Switched to my PC from my phone.
Yeah man, would you fucking believe it if I told you this was my first options trade ever? I had to request TDA to give me options, and I got it the next day, and that's when I made that move.
Honestly, I don't feel smart or cool at all. I just feel incredibly lucky, and somewhat afraid. Of course I want something like that to happen again, but I don't want to chase that same feeling either. I need to be smart about how I use this new cash. I ain't a genius, that's for fucking sure.
But yeah, I've been loving options so far for the reason you said. Your loss is always limited to the amount you put in, but your gains are technically infinite. This means you can make plays in the low thousands or low tens of thousands but make out with 1000% gain within a few days if you made the right move. Stocks just aren't going to do that for you. The fact you can run spreads is also great since it limits your risk even more. You can definitely trade options safely and smartly, you just need to understand what can be done with them. I still have a metric fuckload to learn.

I held SPY puts through the weekend instead of unloading before that magic bullshit pump EOD, fuck the fed

>>17497061
god im so tired of "le no one has died" meme. that's not the point and it never was you simpleton.

>>17497008
I'm guessing its either people buying the dip or we're entering a crab market.

anyone know why all the cruise lines pumped so hard today? buying back their own shares? i got fucked

>>17497084
when do they expire?

>>17496826
Lol fug off

>BREAKING: South Korea reports 594 new cases of coronavirus, raising total to 2,931 cases and 16 dead

>>17496733
again, normies are investing regularly across their careers. the overall return is not nearly as bad as implied when investments are diversified properly over ~30 years of contributions.
secondly, nobody would advise to invest in only one country. that's the same line of thinking as putting your entire portfolio into a single stock.
there are some pretty dystopian implications if the world can't grow it's collective economy despite expanding populations and tech advancements.

>>17496826
>markets down 10% on the week across the board
>presumably holding shorts over weekend
>literal PPT called in
>bulltrap
the irony here is palpable
or is this just what the kids these days call "cope"?

>>17496338
would you believe me if i told you that that many premiums prices are not infallible? especially on more thinly traded options markets.
THERES you edge

all i can say is, if you wish to get further into options, you absolutely MUST learn greeks, how they work, and why they sometimes will be on discount, or give you a much larger credit than they realistically should.
and by combining multiple legs, of both long and short contracts, you can game these mispriced greeks, either canceling whole greeks exposures entirely, or enhancing them.

you ever played an ER with long putss/calls and gotten absolutely crushed by the vega?
how about short delta neutral strangles?
why buy the lifeboats when you can be the one selling them, while simultaneously being basically indifferent to whether the boat sinks or not?

there used to be some good books kicking around in the OP on this, but if its not anymore, check libgen(dot)io

>>17497104
Not him but I held mine and they expire 3/6. I know I’m fucked. I thought the PPT would stay out of it since we had a second organic midday bounce.

>>17497134
meh it can't keep growing. It's not like it spreads easily.

I bet korea will shut down entire economy for 2 months like China is doing. we are fine.

>>17497049
Japs are insanely clean they will never have it even close to the level china spreading
Literally the only danger this virus poses is to Africa, and culling Africa would be the greatest bull flag of all time.

>>17496872

zero proof of a recession

>>17497134
pretty wild that italy has something like twice as many dead, while having like a tenth as many infected, in like a third the time.
so much for that nu/pol/ meme of it only killing asians

>>17496436
im making money, anon. either day trade or hold your 401k for decades, both work well. the only people truly getting fucked here are the ones who are old boomers or the ones who don't know when to cut their losses and switch sides when appropriate.

>>17497171
and that's just the half-day report

DAILY FUCKING REMINDER

>>17495963
>>17495992
symbols from the liber primus you newfag

>>17497085
Of course it is. The panic is a reaction to a risk that is not only minimal but largely contained.

It's the same crap every time, blah blah blah the end is nigh
>Could Swine Flu Panic Be Worse Than Outbreak Itself?
https://abcnews.go.com/Health/Healthday/swine-flu-panic-worse-outbreak/story?id=8641556

>>17497082

You sound too giddy to be LARPing, so I do believe you. My stance on options is that you should only make plays on certainty. You might end up being wrong, since certainty doesn't equate to reliability, but I don't really place them in the same speculative category as I do normal stocks. I decide to play options when I see a window of opportunity, and I take my profit if I feel that window of opportunity is receding. No guilt over missing bigger gains. I just appreciate my good fortune.

I made about 2.5K selling puts this morning, from a premium of around 500. I could have put down 10K if I wanted do. But I don't feel regret over it, because my strategy worked and that's all that matters. If my strategies continue to work, I can gradually raise the stakes. If they start failing, I can bring the stakes down. I'm not one to chase losses.

If I were you I'd stick to further options plays in the range of 5-10K. Yeah, you could put 50 grand on something and come out with 300K in a day and be comfortable for 10 years. But I'd remain conservative throughout. You did really well, and I hope you're wise enough to protect your fortune.

>>17497177
how I know you're full of shit:
>spreads in the most densely populated area on earth
Oh really? It's in Manila? No it's not. You are talking out of your ass and you think Italy is the most densely populated area on Earth.

>Japs are insanely clean they will never have it even close to the level china spreading
The Japanese island of Hokkaido is declaring a state of emergency over the rapid spread of the new virus there
https://abcnews.go.com/International/wireStory/japans-hokkaido-declares-state-emergency-virus-69276763

It's already in America and we are not clean at all. We are full of niggers and spics and homeless and our government is incompetent and our healthcare system is awful. You don't know what you are talking about and you have normalcy bias.

>>17497235
lel

>>17497230
>pornly

>>17497236
>it is because I say it is
okay buddy

Oh no no no

how fucked are we lads

>>17497299
that's not even a cold recovery, fuck off with that nonsense

>>17497299
yes, most don't die.

Korean hospitals are full. If it continues to spread there they won't be able to treat it.

Sigh, I'll tell you the honest truth, job burnout is a very real thing. Been at my job for 15 years. 11 more to go before I can hang it up for good. I'm sick of it now and I'm only 37. I just want to say fuck it and "retire" and do jack shit other than what I want till I die. My job is not hard, hell compared to some its pretty laid back, easy as shit as you could get but it involves a lot of physical movement and heavy lifting in some cases. Which after so many years, the heavy lifting especially, takes a toll on you. The thought of busting my back all to shit is very much on my mind these days.

>>17496733
also those stock charts almost never include dividend reinvestment. a retirement fund wouldn't perform as nearly as badly as they imply.

>>17497301
you know you can bet on stocks/futures going down as well as betting on them going up, right, anon? as such, not at all.

>>17495535

please tell me corona chan will take at least more 10% from the boomers and give to us autists

will anyone risk puts with such terrible odds next week?

>>17497301
theres enough scrubs holding short over the weekend that the PPT is gonna have a blast on monday squeezing their balls until they become eunuchs

we will undoubtedly see longterm negative effects from this, as its not going anywhere. its a very slow burn kind of virus. but people seem to think the global economy just turns on a dime
FED still has a few tricks up its sleeve i bet

>>17497271
who the fuck said shit about italy you fucking niggerfaggot. I meant the fucking province in china has a population of 60 million, Hubei province. Look it up. And yes the japs have responded. They will have hardly any deaths because they're not like chinks eating wild bats they found on the ground. You trying to sound smart only made you look more retarded stick to reddit with the rest of your kind nigger

>>17497350
>please tell me corona chan will take at least more 10% from the boomers and give to us autists
prolly
i REALLY fucking doubt itll be next week tho
so i hope you got some fat margins and a lotta xanax to wait it out

>>17497333
learn how to day trade with quantitative analysis. figure out how minimalistically you can live your life so you need less money to retire. it's really quite simple, but you actually have to decide to put in the effort required to achieve your goal.

>>17497354
>I meant the fucking province in china has a population of 60 million, Hubei province.
and what makes you think this is the most densely populated area on earth? forgive me for having to guess at what you mean because you are such an awful communicator due to your stupidity.

>Look it up. And yes the japs have responded
no shit they've responded. they declared it an emergency and you just called it a nothing burger.

>>17497354
Underage

Tfw here in Russia thousands of people already got sick of coronachan, and there's no panic because uhmmm... people are treated you know, nobody gives a fuck and nobody dies lmao enjoy panic westerner retards

>>17497236
>contained
Is airborne.
Yurops don't have border checks, because muh diversity, at this point they are spreading it on purpose
US doesn't have port checks (they literally only take your temp for a sickness that presents not symtoms for a week)
Most cases in US are from people that didn't go to china
All cases in Mexico and Brazil came from Italy
Americans can't afford even to go to the doctor, not even to be tested
Patiens can get it again after they recover
All of this when is calculated 40%-70% of the world would get it

And yet you refuse to put 2 and 2 together, the spreading was guaranteed long ago, I'll like to tell you US is fucked, because US is fucked

>>17497415
It's not airborne, it spreads via airborne droplets. That is extremely different than being airborne, kek. Stop browsing /pol/ for a day before you end up shooting up your local Korean church or some shit lmao.

>>17497285
It isn't because I say it isn't. Right-O bucko.

>>17497415
we make money off these people. It's not so bad

but yes

It's still probabilistic, but it's very probable to get much worse and 50% worldwide infected is on the table.

It's fucking over, today, I liquidated everything and I mean E V E R Y T H I N G.

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

>>17497435
It's not because everyone who is saying that's not the point is saying that it's not.

>>17497446
buy high
sell low

>sold SPY puts for 100 dollars profit about 35 minutes before market close
>they all instantly lose 200 dollars of value 15 minutes later
Lmao someone got bogged

Bears are going to get raped when the news about Corina being a pussy virus gets out. You're done bears.

>>17497381
Its a nothingburger alright. Boomers are just saying its HAPPENINIGNGNG because they are being rightfully culled by god for their sins. The rest of the population has absolutely nothing to worry about unless you're a boomer on the verge of death already.

>china closes
>muh great depression

>>17497258
Just for proofs sake, here you go.

>If I were you I'd stick to further options plays in the range of 5-10K.
I got only one set of puts worth 15k afterward. I'm just letting the cash sit until I see a safer thing to get into.

>>17497494
>it's a nothing burger
>but japan declared a state of emergency
>but they're so clean nothing bad will happen to them
>it's the boomers
just stop man you are confusing yourself.

>>17496106
What sort of elite troll nonsense is this? Ibought 24 spy fpr 250 ona daily call. Did someome fuvk up their 60 daybstops? Pardom spellimg mew tablet from the short sells imcome.

I bought 1 dollar SNS calls for March 20th
They're gonna chum in the morning.
Remember always do the opposite of what /biz/ says

>>17497503
Is this your fuck around account or entire savings?

Personal Rate of Return or Time Weighted Rate of Return?

>>17496747
Hell yeah dude. For me it’s AMRN. all I have to do is sit back and wait for big pharma to come knockin at my door with Fat Green Bags. They know where the Profit is and they’re not just going to sit back and let it go to someone else. Then I put that cash back in my savings account and the rest in swppx then retirements just a few years away.

Played 2 puts well and turned 250 into 750, flipped to long right before that scam pump before close... Can one of you artists tell me if I should keep this open til Monday?

>>17497484
its honestly spreading like wildfire on the yurop (unsurprising given how pozzed their govvt is. let the chinamen spit in your mouth goyim)
not that that matters to us

just keep an eye on china over the next few months. thats the only thing that could make this have serious economic impact on US. xi seems content to let his boomers die tho and just keep the engines running regardless.
o yea, and a bunch of new US oil cos will prolly go under due to depreciated oil prices, and having borrowed with the plan that oil would stay above 40/barrel (not likely if intl trade takes even a mild hit).

as for the idiots betting against the literal plunge protection team, theyll get theirs

>>17497587
markets closed

>>17497587
how in the fuck would you close an options position over the weekend you tard?

Oof actual position attached

>>17496121
Lmao read a fucking student repprt on economics. Then some actual books. Post again in 3 years when you arent a retarded 19 year old with no sense pf operation and logistics lmao

>>17497571
>ontxfag has moved on to another shitstock

Adorable.

All these butthurt bears that shorted the bottom deserve what's coming. Cope harder faggots.

>>17497524
I have a separate 401k and Roth account that I use for my safe savings. This trading account is all money I am 100% comfortable with losing, though it would still suck to lose, of course, since I've spent the better part of 5 years building this account up. I always wait for my bank account to reach 10k, then I scalp 5k off of it and move it into this account.

>>17495944
disney puts were a money make this week

>>17497627
Bro a 2nd case in California, separate county and also unknown origin
Another case in Oregon
Another 11 cases in San Antonio
Pay attention, or the futures on Sunday are gonna rock you

arguing online changes nothing

The bears will win this month, maybe not monday.

>>17497670
i reckon puts on basically anything this week were gold

>>17497587
>closing a position on weekend
LMAO I think you are fucked, man. The slightest negative news over the weekend will plunge the index down another -3% next Monday.

>>17497641
It's bad to post yolo plays to randoms with a play account. They get the wrong idea about risk management.

The yoloer on WSB for tesla had 10 mill in a safe account that he had taken down to 6 mill on stupid calls just to post a few mil gain once on rh

>>17497679
>tfw corona-chan spreads by riding the coriolis winds from china to continental us

>>17497710
>attentionwhores on leddit do retarded things for attention on leddit
color me shocked

I just died on my Minecraft hardcore game, what now? I need something I can solo farm in while trading and shit

>>17497736
>this somehow gave them a cover in a magazine
Clown world I say.

>>17497752
Teh massive call buying causing pump and dump mechanics on stocks is what got attention.

>>17497751
options and leverage have completely desensitized me from video games

>>17497679
>Another case
Yeah sounds like wildfire out there

>>17495601
>image
even if a face mask doesn't protect YOU it still prevents coughs from flying far and wide, meaning that everybody is protected if EVERYBODY wears them (including those who are infected but may not yet know about it).

also prevents people from doing habits like spitting, which also launches the disease far and wide.

>>17497774
I've gotten too lucky to keep up a run. Only downsizing my risk and options for the rest of the month. Probably never hold positions like I did earlier this week ever again.

>>17497710
speaking of this
fuck the stock market
imma find these fucking faggots identities, then their CC#s
considering their accounts fluctuate hundreds of thousands of dollars over the course of a regular trading day, who would even know if i just sucked out like say, 10k a day over the course of a few months? certainly not their banks.

its not like people doing this kind of shit earned that money, and i could most certainly put it to much better use than them. on a long enugh time line these kinds of yolofaggots always blow up

>>17497774
trading is like a video game but if you 're good you actually make a fortune. you get punished for being bad by losing money, it's perfect. it's all skill-based, understanding risk and how price moves, what moves markets, etc.

>>17497609
Welcome to /smg/

>>17497815
That's what I feel, I get to a point in the game where I have to perform a task I don't care about and realize I could do something else but that something else would help me become rich

>>17497679
It's getting out of control in worst korea. 594 more cases just announced an hour ago.

>>17497774
You have to be new then because that's something you're not suppose to be worried about

>>17497868
Where in my post did I say I'm worried? I haven't played games regularly in 10 years. You're just stroking your own ego on some projected nonexistent post that you feel superior to

>>17497867
More worried about Mexico.

>>17497751
just play doom WADs like any real fucking boomer, faggot

>>17495535
Can someone explain to me why the market crashes? Are people really afraid that it will go to zero or are they trying to lock in the last 10 years of profit?

It's historically always recovered so...

>>17497905
>Can someone explain to me why the market crashes?
more people selling than buying
simple as that

>>17497171
>it’s not like it spreads easily
Are you retarded? It spreads super easily, that’s why it’s so dangerous.

>>17497679
Oregon press conference live now, the health official confirmed the new case was also of unknown origin, no travel history or links to any other cases (there weren't any other cases in Oregon anyway)

will my VXX calls print next week??

>>17497670
Fugggg that was a good idea! All I thought was “ah damn I better sell”

Can’t believe I rode this shit round trip for a loss. After calling the Disney+ presentation would be catnip to investors, that infinity wars would pump it, that frozen 2 would pump the shit out of it... but I believe that money has a better risk/reward profile right now in Costco or JNJ.

BUY HIGH SELL LOW RIGHT GUYS
HAHAHAHAHA
THATS LIFE
LEARN A LESSON EVERY TIME!!
PAYING MY TUITION
RIGHT?!??!

Seriously though I wonder if there’s another shoe about to drop with DIS since bob got outta there with such an absence of any warning whatsoever

Anyone know if JNJ is dependent on pharmaceutical chemicals sourced from China?

>>17497940
got a link?

>>17497977
watching on the jewstream https://youtu.be/KRw_LqTy1yA

>>17497940
Also they just confirmed the new case worked in the local school district before being tested

what is the /biz/ consensus on monday

>>17497751
factorio

>>17497991
thx bud

>>17497940
3 clusters known

many more out there

>>17497299
>China shit down for weeks over a virus you get over in 2 days
Pure bullshit.

>>17497805
>muh herd immunity
It’s not my job to protect society in an individualist culture. It’s unamerican to oppress me like that.

>>17497996
Red sell off day it's looking like

>>17497996
It'll open high, be volatile till about noon and then taper down still closing green

>>17497905
people are reacting to the resulting global economic slowdown expected to occur for the rest of the year due to this nCoV shit. the market is forward-looking.

>>17498019
Someone screen cap

I've been right my last 3 predictions

>>17497991
If children start dying of this the Gen X sell off will be unheard of, they’re the mollycoddlers who gave us the Participation Generation

>>17497996
All depends on futures this weekend. Keep in mi

>>17498031
ok screencapping now

>>17497996
Ask again Sunday. The only people who are 'sure' of anything on Friday night are those who think they may have overstayed their puts.

>>17498038
Well luckily the case fatality rate for children so far appears to be very very low. It affects boomers the most

>>17497905
zoom out of the graph

We rallied to ATHs week after week on forward predictions and enthusiasm due to fed on hold for election year and increasing trump reelection chances.

Everything got fucked up by Coronavirus pushing a speedbump into the way of the euphoria train.

People got out because they thought we wouldn't have continuing momentum due to the uncertainty.

We haven't really crashed to where a worldwide serious pandemic thats impossible to contain yet. It's more like the market's optimism went to neutral, but because of the run up it looks really bad.

>>17497996
Keep in mind big money can easily do something like the last 15 of today for the purpose of shuffling funds such that someone else loses. Assuming a short squeeze tomorrow is hopeful thinking for bulls. Futures will tell us what happens at open, but if it opens low it’s all over.

Speaking of which, Russia now would be the perfect time to cripple the American economy.

>https://www.reuters.com/article/us-china-economy-pmi-idUSKCN20M0BW

>>17497691
good thing this month is about to be over

>>17498068
It's just about headlines, is Korea going to test and find 500 cases on Sunday night?
No one cares about China's numbers now, just if they get back to work too, so pollution/factories/etc
Then you have Europe, USA, South America, Africa, Middle East with potential outbreaks in addition to asia now.

Oregan and California have combined for 3 community spread confirmed cases already which implies multiple clusters.

>>17498084
meant march

>>17498066
My only hope is that a sober weekend of deep consideration further crashes the market. It’s hard to justify this bull run on several major stocks and their upstream operational associates - this might be the break people need to consider exactly what will happen if things do start to tilt.

That said I expect green lines to lose me a lot of money and will be losing 6+ hours of sleep this weekend over failing to sell my puts this morning.

faggots in this general looking for cheapies

sorry, no cheapies for your greedy asses

>>17498075
>35.7
>29.6
>28.9
And those are the numbers given by CCP

>>17497942
Large shooting star candle printed eod. We gonna make it.

>>17498108
So it was basically 15-20

>>17497891
What? You clearly stated in your post that you can't play games because you're in a sense worried about your active trades. Are you drunk? Or high? Or just angry?

>>17497921
>people, not algos

Brainlet detected

China missed the fucking estimates ROFL, this is apocalyptic

I bet they wished they had just let people coof to death instead of shutting down everything. absolutely fucked.

>>17497815
Pattern recognition is godly in trading. High IQ with sound money management, solid psychology and knowledge of the markets is all what you need to make a fortune.

Oh jesus the news just keeps coming

>>17498108
i bought 3/20 puts on the close to protect my 401k and IRA loses.

>>17498125
friday night is the perfect night to announce clusters

these fuckers protected the market instead of protecting public

>>17498086
Eh, I think there’s more than coronavirus going on here to be completely honest. Tech VC is kind of a glorified ponzi scheme where millions are getting handed to junior managers with a sparkling pitch and no shame, and I think people are getting wise to it slowly but surely and it’s all rippling out from that. The virus is the catalyst but I think it probably goes deeper.

>>17498013
Then you shall hang.

>>17497996
SNSS

Any tips on what stocks to buy for newfags?

>>17498134
Yeah but for every 9 ponzi you get 1 real one and make bank. That's how VC works.

NEW
>>17498155
>>17498155
>>17498155
>>17498155
>>17498155

>>17498108
>>17498112
Also IIRC these numbers are worse than the lows during the great financial crisis

>>17497991
good to see oregon local govt is as fucking pozzed as i had anticipated

sink the entire west coast already

10% chance green monday and that's only if the PPT buys everyone's bags all day, gonna be lots of volume to hold.

>>17497905
Wouldn't be a problem if people lived forever. You gotta get off the train at some point, and if you're afraid that you're going to lose before you have the time to get it back, you're going to sell. Simple as

>>17498106
literally everything is a cheapie right now we just got a nice big correction
I know the vast majority of this thread is retarded but fundamentally the market is sound. Low tax rates and good trade deals = growth. corona will kill a few boomers and then disappear like every other pandemic in the last 20 years because we're too good at beating every virus. Everything else is primed for growth and we will continue growing to new ATH

>>17495573
Pin bar on indexes plus shooting star in vix. I’d say short term bounce and maybe retest later in month is standard although china said they will v bottom like we did back in 2018/2019. China’s quarantine is too strict. Even areas that don’t have any covid are quarantine and public spaces are closed. Once china opens up, this will be another flu. Open supply lines are the main problem, not the disease and people dying cuz fuck people. Gimme dat money!

>>17497973
dude, once the quarentines hit then the movie theaters close. no movies, no disney.

>>17498151
I have some professional background here at a decently high level overall, though I am green as shit. While this is true, the ones that make are often not actually making it, you dig? The post-IPO buyers are major bag holders and the game is meant to play out over a decade or less. The waterfall will stop higher and higher until it’s no longer profitable for VC firms or the entire thing will crash.

But I’m a few beers in on a Friday night and I’m just anon rambling, don’t take anything you read here seriously.

>>17498119
was a brainlet question
he gets the brainlet answer

>>17495963
la/hollywood skate crew that had andrew reynolds, dustin dollin, ellis too i think and most of the baker boys. used to put it on my grip.