/biz/ - Business & Finance

Also fuck Russia.

FIRST FOR FUCK THE FREE WORLD

Stocks only go up

I BOUGHT DURING A DIP

YOU PROMSIED ME I'D BE RICH

I'M FUCKING DOWN 90 BUCKS

hope the market goes down further, I want to take advantage of bears

>>17618562
I'm down nearly 20k in the last two weeks. Fuck your $90

>>17618523
Whose prepared for week 2 of failed fed damage control?

Russia gonna make me a millionaire. I'm not buying until crude is $35

>>17618588
>First Page
>Crypto
>Dubs

I had a really unproductive day at work

>>17618594
Buying all the way down here

>>17618544
>>17618553
I don't travel all that often but it feels like travel rewards are better than cash back? I mean realistically how much can you earn with cash back? Probably not that much. I did apply for one card with 2.5% cash back rate with a $95 annual fee but I don't know if my credit is good enough to get it.

Is there a legitimate explanation for how the s&p 500 went from -4% to -1.7% in less than an hour before closing? Like without the feds meme.

Did they pump at the end of the day to liquidate shorts and scare other people shorting before a big drop Monday?

>>17618614
Why sell SPXU as opposed to buy SPXS?

>>17618629
Get rid of that annual fee. I get 3% on gas and 2% on other shit, and you'd be surprised how quick it adds up. It won't make you rich, but if you don't travel, there is no sense in getting travel miles.

>>17618551
hey man.... you ever been to Russia? The Ruskies are pretty fucking cool. They're like white niggers.

>>17618433
I mean 15 years down the road. I'd expect to double my investment twice. I just don't anticipate being able to do it on the back of fossil fuel when every hybrid/electric vehicle is literally demand leaving the market place. Yes oil and natural gas will be around 15 years from now, but our extraction methods and delivery systems are getting more efficient... The true nail in the coffin will be energy storage... We don't want average people handling nuclear reactions to power their shit, but it's honestly the holy grail of energy production... Like FFS almost 50 years ago we sent a fucking pair of spacecraft out there... the voyager missions... mother fuckers had batteries that lasted for over a generation. It's like 15 years from now, I just hope me and my gook gf have our health and have happiness.

Hope you are ready to baghold those """"cheapies"""" for a decade. We are going into a recession and we will not reach the ATH again for years.

>>17618666
Check my satanic trips by the way.

>>17618656
Well it's not like I'll NEVER travel. Just maybe once a year at most.
I couldn't find one with a 2% cashback rewards rate on all other purchases. Just 3% on dining, 2% on grocery, 1% on everything else, and then 5% on rotating categories and 1% on everything else.

>>17618663
Did you stop drinking or something? That actually made sense

>>17618666
What if I AM ready satan? Huh? Then what?

>>17618675
I blame social media.

>>17618641
>Is there a legitimate explanation for how the s&p 500 went from -4% to -1.7% in less than an hour before closing?
Yes
>Like without the feds meme.
No

The only good thing about this other than cheap stocks is the more shares per divvy payout on the way thanks to the virus. So hey it's all good either way.

>>17618680
nah i've had like 3 scotches and a guiness tall boy... i need to get another one now that you mention it. Nobody ever actually tells me to stop and look at the whole picture. I love taking a second to step back and actually explain shit.

>>17618656
I have to dance around day trade rules especially now that Schwab has given me two passes. Today I was scaling out of SQQQ that I build up the previous 2 days, and scaled into SPXU hoping to dump it at a closing bell plummet but got nervous with that pumping and ultimately sold it for like an $8 profit kek. The GDX and GDXJ are the only things I'm ok with holding over the weekend.

>>17618641
According to this article, one of the largest firms out there got caught on the wrong side of a short and had their entire position liquidated starting at 3:15

https://www.zerohedge.com/markets/someone-big-was-utterly-blown-fk-out-heres-reason-behind-todays-unprecedented-vix-move

>>17618641
Who knows for sure. Could be large day traders closing short positions because they don't want to gamble over the weekend. Could be large caps buying back their own shares so their stock doesn't look as bad over the weekend. Could be funds operating under the belief that the end of the day is the best time to buy. Could be trump telling his buddies at BlackRock et al to pump the market at the last hour in return for more tax breaks.

>>17618641
>>17618647
This is my theory. Either fed niggers or big money niggers.

>>17618680
If you're ready to make that sacrifice then go ahead, the only excuse is if you're trying to capture dividends though, in my opinion.

As for me my money is going into gold, precious metals mining and put options for the next 2 years. THEN I will buy my cheapies.

>>17618666
Kek
This fag thinks people will pull money out of the stock market

Look at him and L A U G H

>>17618503
If you’ve never had a credit card you might not have any credit. I was in this situation and had to start with a cash-secured credit card until I built up enough good boy points.

It’s been years and now I’ve got A 767 FICO and I still haven’t upgraded... I’m leaning towards cashback since I know I can use cash but I’m not so sure about rewards.

I just want no fees like the other anon said.

>>17618506
>he doesn’t know about the Maximum Pain trade

>>17618533
Somehow I’m DOWN on my QYLD position. I think if I had bought the plain QQQ I’d be comfortably green. I’m going to have to look into this thing. It might be no good after all.

>>17618679
I never travel....
There are some out there that let you choose your category to earn extra on, you can pick something you do often. In the end, the point of a credit card is not to earn rewards, its to generate credit and have a line of credit available.

>>17618709
Thats why I hardly come around anymore. A lot of noise around these parts. I love when people disagree with me constructively, I always learn something.

>>17618710
Fair play haha

>>17618744
That's literally my entire strategy lol, did you see the end of the last thread?

>bought in and cashed out with almost perfect timing on the SPCE meme
>put a stop loss on most of my equities on day 2 of the crash
>managed to make a couple K in puts last week
>fucked up buying calls on tuesday
>now bagholding VOO at < 30 cost basis per share

It’s a little like being in a car as it’s going underwater. The windows are sealed and I can still breathe. I’m just praying we resurface.

>>17618760
Well yeah, but if I don't earn rewards what's the point of a credit card? I already can build credit using loans.

>>17618729
This is closest

Whatever is going on isn't actually the fed. The fed is a lazy piece of shit that doesn't do anything except force people to legitize it's imaginary currency

I can't imagine what Trump had to do to get them to cut rates

>>17618709
I think we all figured you were retarded and delusional

>>17618779
What was the bond market doing at the time?

Lately the stock market trails the moves of the 10 year

>>17618666
This is why dividends are your friend.

>>17618772
Then why did you get a credit card grasshoppa

>>17618801
Because some of them have nice patterns on the front and feel better tactitly in my hands, much better than my all plastic debit card.
Also everyone told me to get one to raise my credit from 674.

Why are bears so convinced the stock market “should” have been going down at all and that something is wrong because stock was being bought?

It’s a record setting week in volatility. The moves have been very exaggerated. It’s not crazy for the market to turn on a dime right now.

>>17618666
>recession
>9 people dead

Lmao, look a zoomers for pandemic

>>17618816
So then, your goal is not the rewards program, like I said. Find one you like and focus on the bigger picture. And mine is shiny dark red, its awesome haha

>>17618613
Those two things are unrelated. But the risk is that the underlying assets wont pay dividends, and when its 2X leveraged, it takes twice the hit on the way down, and takes more to get back up. Sure, maybe it wont dissolve, but it just stays at $8. If you bought in at $12, even at 20% yeild it would take 2 years from dividends to equal that difference, even if it went back up to $10.

Leveraged products are troublesome, heres an example:
Stock A = $100
2X A = $100
Stock A does this: -3% -3 +4 +2 -1 +2 -5 +2 (Total: -2%)
Stock A = $97.66 (-2.5%)
2X A = $91.07 (-9%)
This is why you dont want to hold leveraged funds long term unless you are really bullish/bearish on its direction.

>>17618820
There is no objective reason to think the economy is growing for the next six months at least. Every day another major event is getting canceled, every day the supply chain is still broken by china shutting down. There is no way any sane person is investing right now besides the fed.

Is OPK about to become the next INO ? INO went from $4 to $14 in the past couple weeks after they announced they were going to be testing a Corona vaccine in April, and OPK announced they will start distributing corona test kits next week which already raised the price, should I buy in on Monday in case it gets higher?

>>17618680
honestly timing is everything... the first $5000 I saved up and invested when I was 19 was in a solar panel company that went from $4 to $17 to $0 and I didn't ever sell even after the bankruptcy... I was young, going to school, chasing broads doing tons of the same shit I'm doing now, but that was a lesson... Timing is key and nothing lasts forever. It literally is just buy low sell high... You have to re-evaluate, accept change, and make adjustments. The market does this for us on its own naturally, but in longer terms... Like from 2010-2020 the trend has been tech... everything is online and if you're not online, you're probably not getting your customers. so it's grown on advertisements and clickbait trends and shit, but honestly what has really changed? Information spreads in ways back in the 2000-2010 decade we could only dream of... like cellphones existed, but you couldn't order new bedroom furniture from your cell phone in 2008 the way you could in 2018.

>>17618523
heh, this is bretty good and totally innocent.
look how satisfied with herself she looks after causing all that sticky liquid to flow all over her hands

>>17618825
https://www.nber.org/cycles/jan08bcdc_memo.html
>A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. A recession begins just after the economy reaches a peak of activity and ends as the economy reaches its trough. Between trough and peak, the economy is in an expansion. Expansion is the normal state of the economy; most recessions are brief and they have been rare in recent decades.

There is your technical definition. We are essentially in a recession already, the impact on growth that corona has had so far has already stretched into the definition of a recession. There is a question of length, but I don't think it will be a trivial task to restore consumer spending and investor confidence to previous levels.

>>17618714
Shit is fucking insane lately

Fresh Peter Schiff upload. Haven't listened yet but I can almost guarantee it's a good one. Maximum smug incoming.

https://www.youtube.com/watch?v=SSBeXv0837U

>>17618758
I've got just one credit card. All I need. Nothing on it but it does have a decent limit in case something should happen. My score is 785. It's a visa. My bank card (debit) is a mastercard. Figure If I can't pay for something using one or the other then I'm pretty much fucked anyway.

>>17618861
So the stock market should just go down in a straight line? Or just go down gradually until the virus situation is solved? We're well off the highs and people still want to put money to work in one of the surest things around.

Since last year people have been taking money out of the market and putting it into money market funds, savings, and bonds. They've been waiting for a pullback, and they know they can't time the bottom. DCAing down after a 10+% decline isn't such a crazy thing. If this isn't 2008, I think it's a damn good idea to be buying individual stocks you've been waiting a year to buy.

my bullshit about dividends here

>>17618784
So any new person would be in the clear unless they're able to push millions into dividends?

>>17618794
It's not a get rich quick scheme so maybe that?
I see it like this. My money can either sit in my checking or my savings account earning less than inflation on dividends.
This way, my money can at least ear more than these bank dividends would give me.
If I pick things right, this should be a continued growth on the stock itself anyway so if I do need to cash out I can cash out higher anyway.
I will say it like this...
You have 50 dollars sitting on your dresser right now. What is it doing for you? It's a resource. Will it be worth what it is now some time down the line? no.
Do you need it for savings right now?
If no..then look at this way..
You can spend that 50 to make money consistently. Make your money work for you. Even if that only nets you like a dollar at the end of the year....let's put it into perspective...
what would it have done sitting on your dresser? What would you have spent it on?
Even if you pushed it into your savings account...would the interest on that account beat inflation?

And that is what I am personally chasing. This idea of my money working for me. Having a fat cushion to sit on in my accounts is "rich" but having something that generates money, that is "wealth".
That is what I'm after.
So many people do these retirement schemes....and while that's good for various structures it just sickens me to a core. Ok good, you've saved up enough money so that you can coast until you die. I hope you don't live longer than projected!
So cynical....

>>17618870
We never know if our timing is good or bad until after the fact, unless we are inline with the Tao

>>17618729
I think what happened was the tail wagging the dog. And again, I reference this article:

https://www.zerohedge.com/markets/someone-big-was-utterly-blown-fk-out-heres-reason-behind-todays-unprecedented-vix-move

So, in short....

> market maker gets caught on the wrong side of a VIX trade
> They were forced to keep buying VIX as it was going up, causing it to go up more
> They finally ran out of time, and got their margin call at 3:10, which they were unable to meet
> Their clearing firm then started liquidating their ENTIRE position
> This caused the price of the VIX to collapse
> The collapse of the VIX caused the automated trading programs to go into buy mode
> therefore, S&P jumps, not because anyone thinks things are going to get better, but because the algos saw the drop in VIX and started buying.

>>17618927
Nope it's all up to fate, free will is an illusion.

>>17618931
For more "tail wagging the dog" see the recent New York Times (Or was it Wall Street Journal?) article on the short gamma trade amplifying recent market moves.

>>17618931
If true it blows my mind that a single retard gambling with VIX options caused a melt up that moved SPX up 2% in an hour.

>>17618962
That's what the Tao is my friend, "fate" or "the universe" or whatever you want to call it. Free will is the act of fighting fate. By allowing fate to take place, it always will, and so will you.

>>17618931
it's literally 1 minute bars... you're literally just putting a fucking mirror up against fucking anything and saying look look look it's the equal but opposite!!!!!

>>17618983
thank you for teaching me my friend... may the Tao bring you and everybody you care about the deams and desires you need.

>>17618988
But I think what made this story interesting is that instead of the prices on the S&P driving the VIX, it was the rapid change in the VIX that drove the prices on the S&P

>>17618931
>1 (one) market maker getting caught in a short squeeze can literally send the entire market into turmoil due to retarded algo bullshit
God this game is so fucking rigged.

https://www.youtube.com/watch?v=yWP--1gsr20

>>17618591
holding SPY puts, GM puts, and GLD calls
all for 3/13

>>17619008
have you looked at volume lately

>>17618931
So does a fuckup like this change outcome for monday, or does it just get immediately corrected and has no effect at all?
Like without this bullshit we would end at -4%. Which doesn't look good for the next day.

>>17619014
it's a small retrace and it's just a theory to explain it
some of you are such whiny fucks

look at the goddamned 10 year that really sent the market into turmoil.

>>17619014
If nothing else, it is symptomatic of how dangers of a situation we are in now with the algos and the automated trading.

(this is something that others have been trying to point out for at least the last 5 years).

Our situation now is that a glitch, practically any glitch, can send the machines out of control; and because they trade faster than any human can run to turn them off, they can (and eventually will) cause a massive unnecessary drop in the market, wiping everyone out before they knew what hit them.

For example, if it happened after 3:35 pm (when the circuit breakers are turned off), you could theoretically have a 50% drop in the S&P before anyone knew what hit them.

>>17619054
I just hate algos and I take every opportunity to shit on them. Not even dumb money, literally brainless money.

>>17618663
Russia betrayed me and my province today. We were cool before. We not cool now.

>>17618591
Give cheapies.

>>17619063
>Our situation now is that a glitch, practically any glitch, can send the machines out of control
Yeah that's exactly what happened multiple times this year already and likely triggered the actual crash we are still in right now. I remember because I was trading the day that "flash crash" (more like a flash dip) occurred Feb 20th I think and nobody could explain it. Soon enough we were in free fall and the market had to find an excuse, and that excuse was corona.

The algos really drive the market, news is irrelevant, all it takes is some weird algo reaction and the entire stability of the market is gone.

>>17619083
uhh... more detail? russia is pretty fucking big, but betrayal is a very heavy heart sinking feeling... what private part do you live in?

>>17619083
lmao you an albertan or some shit?

>>17618714
Ooooh. Spicy.

>>17619053
I assume it will go back to normal. Every time we've had a flash crash on individual stocks it has corrected itself right after.

>>17619089
How much toe dipping we doing after second big dipy?

>>17619083
>oilnigger bitching
Your gravy train is over faggot. Learn to adapt.

>>17618931
Reminds me of some similar that happened in Bitcoin last year. Two large groups of market makers fighting each other, one group managed to force liquidation and price dumped over 1k in minutes, forcing both the liquidation bot to go insane with hundreds of millions pushing price down and algos activating the massive buying at lower areas. I believe the price of Bitcoin at the time was around 6-7k so roughly 20% of the price dumped... imagine S&P dropping 20% in minutes. But that's how things are, autists wanting to make bank exists in every market.
That's why risk management is important for us average autists, play around without a stop loss and you're bound to get fucked in time by the big boys

>>17619105
head first

>>17619000
Trips confirm

>>17619093
>the current situation is due to algos

No, it's due to FUD. I don't think CoV will amount to anything serious in the long, long run (certainly not Spanish Flu territory), but it's one of the worst pandemics in modern history. It's definitely the worst pandemic in my nearly 30 year lifetime. A ~10% drop amid global pandemic fears isn't algos gone wild.

>>17619093
Ya, and while I don't think it was specifically written for the stock market, come the day the machines and the HFT fuck it up for everyone, it will be a lot like Revelations.

>who wants to buy an RV during a pandemic?
Actually me. That sounds perfect. Go wherever with cheap gas prices and be able to have your self contained unit.

I wish we could get cheap rvs and cruises and stocks... but I’m buying stocks not going all cash.

>>17618931
That was a fucking great read

I will always fight fate.
I was an abortion if a coin flip landed any other way.
I'm here to fuck fate and chance as hard as I can.

>>17618714
Okay i'm convinced both of those guys quoted in the chat post or at least lurk here or /pol/.

>>17619137
I'm just saying algos likely started the dump in the first place. This whole thing might not have happened so suddenly if it weren't for algo feedback loops amplifying every movement.

>>17619121
That truck looks like it was made in like fucking 1997 but shit... it'll pull.

Just got a bonus at my job. Going to invest it. What do we think the next two weeks will bring? Won't cash till next Friday.

>>17618931

You can't buy the vix you fucking retard.

BROS I TOLD YOU ABOUT LAB CORP
ONE OF THE BIGGEST LAB TEST COMPANIES IN AMERICA
PLUS 6 AFTER HOURS
BIG UPPIES NEXT WEEK
https://www.labcorp.com/information-labcorp-about-coronavirus-disease-2019-covid-19

>>17619121
do they even allow split panes on the windshield like that anymore... shit isn't up to code at all... fuck

>>17618820
>Why are bears so convinced the stock market “should” have been going down at all and that something is wrong because stock was being bought?
Some of the bobos are new to the stock market and don't quite grasp the wavy nature of index moves. I was told i was a fool a number of times last week when i told them the thing doesn't move in straight lines.

>>17619180
ask again next friday...

>>17619188
They're clearly new because they don't have undying faith in the market that senile boomers seem to have

>>17619183
It's a hybrid, so it must be newer right?

>>17619181
Are you being a technical tommy or are you really this retarded?

>>17619113
Do you honestly believe that $40,000 electric shitboxes are going to curb the world's dependence on oil? I don't understand how people are this fucking stupid, and be so smug about it at the same time. It upsets me. Plastics, asphalt, shipping, air travel...it's all oil. All of it. Do you know when they're going to start making electric aircraft for commercial travel? Fucking NEVER. Electric trains to ship goods cheaply across the country? Fucking NEVER. Electric boats to ship cargo? Fucking NEVER. The energy density is NOT there. It NEVER will be there.

The only actually viable alternative to oil being used as a fuel for global trade, is nuclear. And as much as I'd like to see zero-emission nuclear container ships rated for 1,000,000 tons that shit is never going to fucking happen.

Idk man I'm not trying to harsh your mellow here but implying that the world is going to somehow "adapt" away from the heavy use of fossil fuels is just blatantly retarded. This world runs on oil. It has for more than a hundred years and it will for hundreds if not thousands of years into the future. Just because dude weed space man has a company that churns out electric cars, does not, cannot, and will never change that.

Anyway I'm going to DCA into XOM CVX and RDS.B over the next 3 months.

>>17619195
Sure. Just curious on people's feelings trip friend.

>>17619182
AHHH
was about to pull the trigger, damn, should've listened

>>17619181
Hahahahahaha nice b8 m8
>>17619182
What’s the volume on that there afterhours trading? Because it’s often completely meaningless.

>>17619181

>>17619181
I think you're just pretending to be retarded, but when people talk about VIX trades they are talking about futures on like CBOE or an ETN based on the VIX

>>17619212
my favorite thing with the dumbasses who support electric vehicles are that they are usually against nuclear power plants. The fucking smooth brains think that they are dangerous or pollute for some unknown reason. These liberal fucks imagine that the power that they are charging their electric vehicle with just comes out of the ground.

Why do I not see too much fear over the VIX hitting 54, and highest since 2008. Isn't this a big deal?

>>17619095
Yes.

hey guys I just put my first $400 in a wealthsimple account what do

>>17619239

Because it happened in two weeks. Most people think this market is an absolute shitshow. It's hard to take anything seriously when the DOW swings 3% one way one day and the other the next.

>>17619239
Doesn't high vix means that it'll go down? Worst case scenario is that 2% of world population would die which would be mostly geriatric people who accelerate the inheritance to young consumers?

I go to U of Miami, someone just got rolled out by hazmats from a dorm.

>>17619212
Damn, you seem pretty butthurt for someone absolutely convinced that they hold a product that has thousands of years of value left for mankind.

Oil isn't as valuable as it used to be, just accept that, it's more to do with supply than demand. We have a lot of it, the Earth itself has way more oil than we thought it did decades ago, that effects price.

>>17619188
we could be approaching a bear market... but fundamentals are good... the truth nobody want's to hear... Trump has done an amazing job with all his regulating on immigration and his tariffs striving to encourage shit to come to America and make America a stronghold for manufacturing, but the panic of carona virus is just fear mongering noise... truth be told the stock market was overvalued and a slight modest recession is needed because some jobs that exist now because of this boom, well they certainly won't exist 15 years from now. It doesn't mean you kill your self, it means you tighten the belt and run a little skinnier than usual, the biggest thing has been the actual valuations on these growth companies... but if you look at Europe they're stuck at 0 percent rates... they've never actually recovered from the last recession mostly because of local ordinances and regulations... and the people at the top in Europe flee capital away to make more. it's like instead of helping where I am, I'll help my self over here.

>>17619254
pics?

>>17619254
Checking in from New Mexico, can confirm, a coronavirus just flew over my house

>>17618733
>questioning the fed
Calm down and take your pills, citizen.

jager and cigs and jager and cigs and jager and cigs and jager and cigs and jager and cigs and jager and cigs and
this market is driving me insane

>>17619258
There’s videos but i don’t know how to convert to webm.

>>17619245

>>17619224
>>17619218
NASDAQ says 80,371 ($15 million price volume). This isn't some small time pharma stock that can get pumped for no reason. It has a market cap of $18 billion.

>>17619254
Somebody ate the gas station sushi

>>17619245
Wait

>>17619245
Put it back into your bank account and come back in 2 years when the recession is over.

>>17619277
Use a website that converts shit to webm

I feel like certain stocks will bottom out next week while others will take a month or so because people need earnings reports to be convinced what's real and what's not.

>>17619105
I'm just going to swing 2x SPY whenever i get the buy signal. Or short it if setup for that happens. I told myself this was going to be the plan after underperforming the 2018 recovery bounce so it shall be the plan. I see no clear direction for the market at this time. Mega crab and i sit out.

>>17619266
Where do you get water in the desert? Do you have like pay for water? I have always lived on a coast so water and seafood is bountiful while... you just got dry arid land.

>>17619298
I have these videos on iPhone nigga. iPhones don’t convert to webm

>>17619295
can't I just put it all in inverse market ETFs and laugh my way to the bottom

>>17618562
>>17618587

Wtf would you buy when the stock market is in its endgame?
Are you retarded?
Did you not remember 2008?

Fucking Fucktard Zoomers...

>>17619309
I said WEBSITE

>>17619285
I had a piss test with them once
It was an acceptable experience

>>17619256
prices may go up and down but that doesn't mean oil companies are ever going to sell at a loss long term.

>>17619212
Agreed on this despite my being short term bearish on oil. Alternative energy isn't ready to shoulder the load yet. That's why i think the lefties trying to kill it early are being very reckless. Taking the sails off your boat before you have a motor or even paddles.

>>17619329
No instead they go broke

>>17619257
>we could be approaching a bear market...
Certainly.

>>17619266
I mean I had them drill my well so deep that the tailings piled up high as my house, 1800 feet down went through bedrock, went through another later of bedrock and the pump has been giving me the best drinking water ever.

>>17619295
That's the most stupid thing you can do considering the vast amount of choices you have to profit from a market crash

>>17619308
We have a 3-foot deep by 50ft wide river that supplies water to all 2 million people. It's a great system, and definitely will not deplete in my lifetime, I have plenty of faith. Clearly, I drink the water.

>>17619315
Hate to tell you, I'm older than you. Want to know how I know?

>>17619340
like who?

SPY calls, 3/27 at 315 strike what do people think?

>>17619313
If you want to try to time the bottom sure, but if you miss just know that inverse funds will only depreciate over time so don't get greedy.

WHEN CAN I BUY THE TRADE DESK AND POSSIBLY SHOPIFY AAAAAAAAAAAAAAAAAAAAAAAAA

>>17619309
Bro figure this out please immediately or just make a collage and post it and a timestamp of the location and a sign that says “hi redrit AMA”

>>17619302
What’s the buy signal look like these days?

>>17619285
That’s impressive. Remind me to look into it tomorrow
Still... I’m looking at TMO and liking the sound of it. Might be too heavily debt laden though.

Stocks will either stay around this level or go up during the corona pandemic. Ignore the zog shills saying it's not the fed doing market manipulation if you don't want to be poor. This is roughly the bottom, so buy now.

>>17619354
sell it at the top when the fed raises rates again

>>17619347
I doubt anyone new to investing could profit during a recession. Try explaining options and shorting to normies, it's impossible, I have tried many times.

>>17619364
I meant lowers rates
sorryy I am drunk, i meant lowers rates

>>17619354

As much as I want it to, it's not going back up. I so fucking wish it would, but it's not happening. Infections are going to increase. Only a handful of companies aren't fucking totaled by this thing. The SPY has at least two months, post news of a decline in new infections, before reaching pre-Feb 21 levels.

>>17619355
The bottom is a week or so after we start seeing mass quarantines in the US

>>17619309
>https://video.online-convert.com/convert-to-webm

>>17619351
CHK
>>17619363
If anyone gets corona’ed I seriously hope It’s this guy.
>>17619366
Just have them watch spice and wolf. It’s that simple.
>>17619374
Bought some SH today at the closing pump and already hate myself for it.

>>17619374
GIMMIE MY CHEAPIES

>>17619374
I'm not saying your wrong, but don't forget that the US is a service based economy. Media and software companies do not necessarily need their workers to be physically at work in order to be productive.

>>17619374
How cheap would it have to be for you to think about it? Money isn't really made in thinking something is going to happen, it's in betting cheaply on something no one thinks will happen

>>17619376
That's the bottom of this dip, the bottom of the coming recession is the big question.

>>17619351
Any oil and/or gas company running with a small moat is vulnerable to bankruptcy if prices on crude and nat gas stay too low for too long. Small caps first, then bigger companies that had some secret creative bookkeeping to make things look better than they are.

>>17618523
>buy low
>sell high
>take the profits
You can't tell me this shit is that simple.
If this shit is so easy, why the FUCK aren't we all millionaires?
Where's the catch?

>>17619387
ok boomer

What the fuck? Apparently an index fund bubble is a thing? I can't take this stress any more, how long until I can get my money out while breaking even?

>>17619257
Lmao

> Fundamentals are good

You are showing why you are a tripfag

>>17619397
China is already coming back online, once coronavirus is dealt with in 6-12 months time the market will settle, there's nothing actually fundamentally wrong with where it was

>>17619229

Hes saying buying / selling of the vix drove the vix up / down. Vix is derived from s&p options. So unless some big guy traded so many options it influenced the entire index option market his theory is bullshit.

>>17619358
>Thermo Fisher
Yea, they looked good too. I actually bought a bunch QGEN $40 calls a few days ago, then Thermo Fisher said they were buying them the next day about $43. Now QGEN is at $41.60 but my break even is at $42.60. I'm not really sure how this is going to work out but the deal isn't supposed to go through till next year, so maybe they will increase the buyout. I have a few months, so we'll see how this develops.

>>17619354
Are you fucking stupid?

>>17619405
The thing about an index fund bubble is that people that avoid shit companies are being rewarded because zombie investors are buying zombie companies with their brainless index funds.

>>17619407
so what's not going to work out 18 months from now?

>>17619405
If you bought in Feb 2+ years

>>17619405
Bubble is a subjective thing. Index crashes and recessions are most certainly a reality.

>>17619277
https://twitter.com/obello14/status/1236123423186788362?s=21
For those who didn’t believe

>>17619404
I don’t think you understand how to use that dead meme. Go back to knowyourmeme and figure it out.

Is encyclopedia dramatica still upkept?

>>17619428
Yep yep
I’m avoiding most indexes but still long HODLing VTSAX because taxes and if it ain’t broke. But only buying the good shit.

God I wish JNJ would dip again.

>>17619422

I bought 330 calls in on wednesday and I'm up right now because IV is retarded. My puts are of course retard levels up.

>>17619428

There is only an options bubble right now driving volatility, since every new fag and their mom discovered options in the past few months because 30% in 2019 wasn't enough for them.

>>17619418
You're right buddy. Thanks for clearing that up for all of us.

>>17619401
Jump in and find out!

>>17619451
It says UM hospital but that’s one of the dorms, Mahoney

>>17619422
Not really, no. The biggest question is if the Treasury can recover and how serious this virus actually is. This virus isn't an "actual" economic problem, but might cause a burst in a sector along the way. Eventually, the sentiment on the market will be so bad that calls will be worth it because there are no buyers. I don't know when that moment is, but it'll present itself

>>17619398
i very much doubt you would see anything like that happen to large caps. you would necessarily see oil prices stabilize higher before the big players went out of business, with the possible exception of XOM who is going hard with CapEx and being a bit risky with their dividend payout in my opinion. The industry as a whole is being very conservative and pulling back CapEx to weather this storm. Don't forget that borrowing costs are at or near record lows.

Even for a company like XOM, for there to be a conceivable situation in which it would even possibly be somewhat at risk of going bankrupt we would have much, much greater things to worry about, it would basically take a prolonged global economic shutdown to cause that.

>>17619455
I came in your mom's ass, and she squirted while I inseminated your sister.

the highest edge bet on any market right now is betting against trump in 2020

he wont win after coronavirus

>>17619471
This is a really stupid post. So keep up the good work. I gotta catch up on that excellent whoring show.

>>17619470
I agree it's low probability.

If china recovers before the us, is there a triple leveraged china ETF?

>>17619483
GUARANTEED REPLIES

BAIT LEVELS OFF THE CHARTS

>>17619456
>330
>calls up
What expiry? I seriously doubt this. Are you calculating using the ASK???

>>17619466
>Eventually, the sentiment on the market will be so bad that calls will be worth it because there are no buyers
Excuse me? Are you saying the supply of calls will be so low that the price will go up? Are you really saying that?

>>17619483
Trump 10% chance to win
Biden 90% chance to win

I had Trump over hillary in 2016 early. This is just reality and actually counter to my bias.

>>17619483
>he wont win after coronavirus
I bet you one (1) crisp yankee greenback he will.

>>17619507
It's not really bait.

You just are looking at things from a lower IQ perspective that can't be predictive.

When, coronavirus gets worse, it's going to be easy as pie to beat trump on his handling and soundbytes in ads.

There is no easier way to beat Trump than to pin the huge number of deaths coming on his idiocy.

>>17619483
Actually it's the perfect scapegoat for him. The economy was already headed for an epic depression, now he has an excuse to explain why it wasn't his fault

>>17619483
I would have agreed with you two weeks ago but Trump has greatly exceeded my expectations for incompetence so far with coronavirus.

>>17619535
He's not going to be able to scapegoat it. This is just reality. It's landing on his lap.

>>17619483
Trump is obviously going to win, anyone who says otherwise is a shill or retarded. I shouldn't even have to explain why, Dems are completely unelectable.

>>17619507
Nobody really right wing supports Zion Don anymore.

>>17619387
>CHK

Speaking of this symbol:

Stocks get a bit weird when they near bankruptcy. It really depends on whether a particular company has assets that are desirable enough for a hostile takeover. As oil and gas have a tendency to fluctuate, you can expect an uptick of hostile debt takeovers of small/mid-cap companies by bigger oil companies. Or this doesn't happen and the company defaults. Right now they're flaring the natural gas at oil refineries, which is not a good sign [natural gas supply glut + equity sell off is a double whammy/energy demand depression]

If you buy CHK, expect your entire investment to disappear. It's still a great play if you get lucky. Insiders will know whether it is worth buying or not. If the bonds issued are junk bonds, the company is close to defaulting unless some other company is willing to take on their debt on a takeover. The buyer's stock will also decline as the takeover will impact their balance sheet. I think with CHK, blood is on the streets, you can buy it, but expect everything to disappear since we're in an global energy recession/depression. If you're lucky, expect to get a lot. Limit your losses by only buying a fraction of the equity when managing your portfolio.

You also had the situation during the tech bubble where you had worldcom lay down fiberoptic lines, and then it took 20-years for it to be of any use. What's worse about Worldcom was that it was extremely overvalued.

>>17619401
As markets get more efficient, alpha approaches zero.

>>17619539
The ad writes itself

Clips of Trump talking about it being minor and just going away

then hospitals full of bodybags of americans

I could have any democrat beating trump this year over this. It's literally the easiest election for dems to win ever.

>>17619531
>There is no easier way to beat Trump than to pin the huge number of deaths coming on his idiocy.
Perhaps there is another board that would be better suited to this kind of discussion, don't you think?

>>17619569
Everything is related to markets and many stocks will move based on it, not just betting markets.

>>17619511
bet on trump... biden can't hold a sentence vs trump on a 1 on 1 stage. It's literally just vote Biden because we need a puppet.

>>17619510
Not directly no, but it'll price in the expected volatility yeah? I don't consider myself advanced in options in any way, though

>>17619567
clip
>it will just...magically...disappear
clip
>Yankee Stadium full of hospital beds
clip
>I'm Michael Bloomberg and I approve this message

>>17619561
I don't see why anyone would want to do a hostile takeover of CHK right now - their WTI breakeven is too high, isn't it something like $60/bl?

>>17619587
People will vote for the senile person. They don't real

>>17619483
You realize he's facing off against Biden, who's literally senile, right?
Had the dems tried to nominate anyone else, it would have been a guaranteed win.
Now it's up in the air.

>>17619569
Biden winning Taco Tuesday raised the DOW 1000 points that couldn't have been predicted if you weren't also balls deep into political analysis

>>17619590
Yeah

That wins over every moderate voter even if biden is babbling and drooling by that point. It's a cakewalk for trump to lose.

>>17619589
Look at the VIX chart, volatility is extremely temporary, it peaks instantly and then drops quickly over a few weeks which means IV portion of options quickly diminish.

>>17619606
Trump is a few bulbs short of a Christmas tree himself. The debates will be fantastic. I fully expect an impromptu pushup contest or brawl or something.

<script type="text/javascript" src="https://video.foxnews.com/v/embed.js?id=6138879618001&w=466&h=263"></script><noscript>Watch the latest video at <a href="https://www.foxnews.com">foxnews.com</a></noscript>

>>17619606
I don't think the american voter cares if their side is senile. Biden is still more "likeable" than hillary for what thats worth. He's not unlikeable, just a bit dementia, people will overlook it.

>>17619608
>Biden winning Taco Tuesday raised the DOW 1000 points
People say shit like this but there's really no way of knowing why the market went up 1000 Tuesday it's pure speculation and you have no fucking idea.

>>17619590
add this in too

>>17619608
noo the real question is does Tulsi get a podium at the debate now that she got a delegate.

>>17619628
What is real is that the FED injected 100 Bil into the markets on Tues to make it happen

>>17619624
I'm looking forward to it lmao
geriatric wrestling seems like the natural progression of American politics
>>17619627
you might be right, that doesn't make the reality any less painful though.

>>17619641
>>17619641
Bingo.

>>17619619
Gotcha. Then what's your take on playing the current market?

I don’t agree with the certainty that trump will lose, but it certainly doesn’t look good for him that he slashed the CDC budget.

It may be a good time for people to realize there are downsides to the whole “minimal government minimal regulation” thing.

But is that enough to lose him the election? Stay tuned.

>>17619637
Is that confounded moron trying to start a panic?
Because that is how a panic starts...

What is a good penny stock that will probably go up to a few dollars or more within the next year or so? Not trying to stick around with the booms.

I don't understand how VIX or VIXY or TVIX work I know it measures volatility and uses futures somehow but like what?????

>>17619656
nah it's literally a joke, and just chinese propaganda... china doesn't want to look weak, but morally they've got problems within themselves, but it's a one party system.

>>17619638
You're behind, they already changed the rules to make it mathematically impossible for her to get in the next debate, because lmao DNC

>>17619599
Right now might be a bad time to buy CHK for the oil and for mineral and gas rights. I snagged 100 shares for $25, since that's the cost of a nice dinner that I'd forgo anyway. It could go down even further if oil hits a rock bottom price of $30/bl [!]. I feel like natural gas has already hit the bottom and the price is just bouncing on the floor. The only way natural gas can get cheaper is if the US dollar appreciates in value. We saw this when "everything fell", and natural gas hit $1.684/Mcf. I'm in it for the natural gas and to build an appetite for risk.

>>17619655
it's looking like coronavirus will be widespread all over USA and we are weeks behind on testing levels we should have. It's going to be a wildfire in the short term, very high R0 because people haven't changed behavior in time, which early testing would have instigated by warning locals.

Instead you'll have wide spread before testing even hits some dying boomer in the local hospital which reveals 300 local cases, and the local taco bell worker already superspread to every customer for the last 3 days.

>>17619683
wait, but what about women and niggers? They're forgetting?

>>17619567
>>17619608
>Trump is dumb
I seriously cannot believe there are still people who think this. Idiots do not become billionaires, then the president, boom the economy, fill sports stadiums, end the endless war, etc. Only someone being paid could believe such obvious lies, or people with sub 80 IQs.

>>17619655
>slashed the CDC budget
Literally lies. He just didn't increase it as much as they wanted, plus nothing is stopping congress from giving the CDC more money.

>>17619688
I like it. How retarded am I for wanting to long XOM? I like their divvies and think they're doing the right thing going hard on CapEx while everyone else is asleep at the wheel because prices dipped.

>know that a certain company is going to 10× it's present valuation within 5 years
>it's private and I'm a poorfag

I ordered pizza. Not a single one of you get any

>>17619694
The actual "key" variable to stopping this is identification. If you could identify carriers via a quick test it would be a non-problem. Same with flu and cold. If we developed really good diagnostics as a society we could really eliminate these things and save fuck tons of money.

Either way, the most obvious thing like raising temperature in public places isn't being done. Humanity has very low IQ and capability in lots of situations and this is one.

>>17619651
For the average investor, this is probably the best time to cost average down.
https://www.investopedia.com/terms/a/averagedown.asp

If you're lucky, you could grab some leveraged ETFs when sentiment gets better, the bounce back from corona will be huge because its a temporary economic problem (though the correction has a lot to do with over leveraging).

>>17619704
It's not that he's dumb. He's used to the boy who cried wolf shit and surrounded by boomers. This coronavirus is not something he has any intuitive history with, it's once in a lifetime event and he horribly misjudged how to handle it initially.

>>17619704
I never said "dumb". People are more complex than that. Trump is clever, an expert manipulator, and a brilliant showman. He's also absolutely fucking terrible with numbers and facts, and pretty much just repeats what he wants to hear.

>>17619716
I hope they fuck up the toppings and you get pissed off after it's delivered.

>>17619716
enjoy giving the tip and delivery fee for a super high margin good.

>>17619728
>corona is a temporary economic problem
Yes but it's also going to be a vast reduction in consumer spending (40%+) over the rest of the year. That has knock-on effects.

>>17619567
>I could have any democrat beating trump this year over this. It's literally the easiest election for dems to win ever.
Never underestimate the Democrats zeal for snatching defeat from the jaws of victory.

>>17619743
good thing is it has a steeper upcline than most recessions

>>17619709
I am long XOM too, but it's a very, very small fraction of my portfolio right now. I lost a good percentage on it so far but I do not feel as bad.
The last time it was this low was 2004 and I still see an upside if the oil and gas industry reorients itself to plastic/feedstock production. I'm not buying anything now because of the spike in demand for the 10-year bond. This signals a flight to safety [they can't find a single stock to long or short], else they'd also be buying XOM right now.

>>17619753
we'll get stronger... fucking good news is what doesn't kill us makes us stronger, and people who can't think for themselves are fucking losing their shit. It's great.

>>17619694
IMO this is inevitable regardless of testing. The US does not have the infrastructure or the resources to restrict travel between geographic regions and cities like the rest of the world...there are millions and millions of people living here right now that came here from other countries illegally, and move about freely without the slightest hesitation or fear.

I don't actually believe testing would have prevented anything. We were fucked the second this got out of China. Credit to the Chinese for handling this thing correctly - it's going to destroy the US elderly population and cause a prolonged economic recession. I think that is inevitable now.

I do take some solace in the idea that boomers will die en masse. Ashamed to admit that, but it's true. Fuck them. Fuck their 401(k)s. Fuck their ridiculously expensive housing.

Our economic situation is 90% due to boomers squandering the accumulated wealth of this country over the past 250 years on themselves at the expense of their children and all future generations.

>>17619731
I have to agree, but I’m not sure how much of it is intentional.

He accidentally revealed the other day that he knows rate cuts hurt savers, he might understand that it’s a lot more dangerous than that, and he might just not care. If the economy is solid as long as people believe it’s solid, then all he needs to do is sell the lie.

>>17619743
Luxury, experiencial, and travel spending yes. But I would not be surprised to see people consuming more packaged junk food and streaming media.

Man I want to buy TTD so bad...

>>17619401
People who get greedy or don’t know how to create a trailing stop loss. Enjoy stealing money from degenerates and decent hard working people having their funds mismanaged.

>Biden winning over Trump
Top kek. Not only does Trump have reelection God mode cheats, but he will be debating Biden of all people. If there is one thing Trump is a master at, it's ripping into people. Biden is literally senile, and Trump is going to ravage his ass on stage for everyone to see. They won't even bother to rig the votes for Biden since Trump is already the biggest shabbos goy in all of history.

99% Trump wins, 1% he dies from the wu flu and Pence beats Biden anyways.

>>17619784
non-zero chance both Biden and Trump die of Winnie the Flu, it's fucking 20%+ mortality in their age group

>>17619784
>They won't even bother to rig the votes for Biden since Trump is already the biggest shabbos goy in all of history.

I'm going to remember this one.

SNSS INVESTOR THEMES

https://youtu.be/y2ak_oBeC-I

https://youtu.be/79iSRIt_Czg

>>17619791
>Winnie the Flu
EXCELLENT

>>17619791
I'm taking good care of my boomers so that I may inherit their wealth. This is my current investment strategy.

>>17619791
That’s entirely true and would cause immense panic. It'd be proof that we’re in way over our heads and modern medicine is helpless against it.

But if we know that, they know that, and are going to be throwing everything at this thing. Since a vaccine will take too long... shit I should’ve bought more Regeneron.

>>17619774
It depends

we focused on diagnostic breakthroughs and had a legitimate plan in place it would be easy to contain.

Something like the very quick turnaround potential testing. You could identify positives quickly and quarantine efficiently, it would stop dead in it's tracks.

The real way this spread is asymptomatic spread. If you identified them it would be as easy to contain as SARS 1 was.

>>17619257
IDK man. I think the economy (sans stock market) looks good. Good to the point where we've just now passed the peak, and that it can't get better, thus the stock market sell-off. Someone posted pic-related earlier, and it looks like a pattern to me. What do you guys think, recession beginning now or not yet?

>>17619804
nope...

https://www.youtube.com/watch?v=pMv5vuSHMsU

>>17619791
/[REDACTED]/ would lose their shit

>>17619791
WU FLU CLAN COMING AT YA

>>17619819
There is very little medicine can do against viruses, and knowing that it heavily targets nursing homes, DC is in big trouble. I predict at least one congressman death by the end of the year.

What public stocks own the most SpaceX? Alphabet?

>>17618863
I bought at $4.50, to the moon

Hey /biz/. On Monday? You.

>>17619730
>how to handle it initially
I see. He closed flights to and from China almost immediately, other than that there's not really a lot he can do. What would you do in this situation?

>>17619731
>terrible with numbers and facts
He hires people for that. I'm not going to hold it against him focusing on his good numbers, thats what every politician does, but the media is extra tough on Trump, I almost never heard anything about Obamas bad numbers during his tenancy.


>>17619776
>he knows rate cuts hurt savers
He does know, and he also knows that its better to put your money in the market in nearly all cases, even now. Rich people have known this for decades. All the millionaires and billions don't have bank account like plebs, if they need cash they just take out a loan with their assets as collateral. Credit card rate is like 20%+, personal loans are 7%+, but you can get margin loan or mortgage for as low as 3%, and thats because you're account/home is guaranteed collateral.

>>17619731
>... absolutely fucking terrible with numbers and facts, and pretty much just repeats what he wants to hear.

sounds like the news media.

Theoretically the key weak point of the virus is identification. If you solve identification the problem would be easily contained.

This is why Korea is doing a great job through mass intelligent testing and will likely contain their problem.

Above all else at under 10,000 cases, containment via identification works wonders.

This is why USA has failed utterly. Our weakest point is in testing.

Treatment, cures, vaccines, aren't as key as solving the identification problem.

>>17619868
1- Focus on identification measures, quick diagnostics tests. I would also extend this to the flu virus and solve that virus in America (saving lots of money)

2. Public spaces heating. Implement measures to increase the temperature in all workplaces, public places, etc so as to lower the time alive the virus can survive, same with reducing humidity.

These measures would have been done years ago to eliminate the flu from a society I controlled though. Which actively costs society lots of money each year.

It would be a simple matter extending such measures to coronavirus and efficiently beating it.

>>17619877
The key weak point of our system is surge capacity in the ICU. Winnie the Flu only kills 1-3%, but hospitalization is 15-20%.

>>17618666
Considering few of my companies will cease paying divvies I am absolutely ready to hold and continuing to buy the whole time Satan.

>>17619867
What are you saying?

>>17619877
Agreed, and the problem is systematic. It's not like the US could snap its fingers and change this - the way our system works, you would have millions and millions of people basically saying "fuck that I'm not spending $50 for the fucking test it's probably just a cold" until they started getting ARDS with a 103.2 fever. There's no way this doesn't go exponential and stay that way here until we're at 20m cases, minimum, and mass panic finally makes people self-isolate to the point where community spread slows and it goes dormant, coinciding with early summer months. It's going to get fucking bad here.

>>17619894
See you have to look at the full scope of the problem. I understand intelligence, a unique advantage to humanity, and hence have very clear thought processes.

ICU is like.. a downstream leaf problem. Wouldn't even matter if you solve it at the seed.

>>17619836

https://www.youtube.com/watch?v=H9cmPE88a_0

What's the absolute worst take you've seen today?

I saw a recommendation to buy Virgin Galactic.

>>17619910
also doesn't help that the test is much more expensive that $50 right now - what is it, couple hundred bucks? if i get that shit i'm not getting the fucking test unless someone makes me do it in the ER while i'm on a ventilator with my deductible maxed the fuck out already.

>>17619910
Well, you'd solve the flu first, which is an ongoing problem. Once you solved that it's simple.

Just no one wants to solve the flu lol.

Many such problems unfixed by humans so it's not a big deal.

See, the biggest problem of all is more important. Which is where effort goes.

>>17619909

>>17619877
>>17619894
damn fag i didn't read a word you wrote use images or soomething that doouble spacing kills the threads and it's almost as bad as being a tripfag.

>>17619941
The flu is a rapidly mutating virus, curing the common flu would be like curing HIV and would be more useful besides.

>>17619877
>>17619894
lol rekt
>>17619954

>>17619808
Decent strategy but the later end of the boomer cycle is gonna be a nightmare and a half if you have any sense of empathy. Glad my parents are dead so I can focus on my gains and self.

>>17619943
I'm looking forward to monday. I'm going to be so happy in ways that even infinite wealth can't create. so yeah i'm like licking my chops too.

>>17619962
Again, if you solve the identification problem it would solve itself.

>>17619968
I'm glad they are too

Jesus... I didn't realize our growth rate was already at this level. I think it's because in other countries there's one central entity that gives out one daily report with the number of new cases/deaths. But in the USA each individual state/county/city just does their own thing, announcing 1 new case here, 5 more cases there, all throughout the day, so it doesn't seem like it's growing that quickly. In a couple weeks we're gonna be worse than Italy or Iran.

>>17619974
No shit, you make it sound so trivial and its not.

>bro we'd totally cure every disease if we just tried real hard.

>>17619962
Literally just stop all travel for a week and all colds and flus and other perennial viruses go extinct permanently.

Make every virus burn itself out worldwide and disallow travel from countries that don't participate, until they burn the viruses out of their population.

>>17619877
>reddit spacing
no one takes your seriously kiddo

>>17619994
No, I'm almost 100% sure if the problem was tackled in an identification first way it would be done. Especially with more funding than cure/treatment.

>>17619993
America is already worse than Italy or Iran. The problem is testing. Just consider that: the bottleneck isn't new cases, it's test kits.

>>17619877
>>17619894
Not an awful plan but thats a bit of hindsight. Up until a few weeks ago, nobody thought it was a problem, it was just going to be another swine/bird flu that went no where. Turns out that was wrong, and we thought wrong because China suppressed the media. But now that its a real threat, testing has massively ramped up, nearly every virus testing company is now in contracts with the government (hope you already bought in!). Its an unknown virus so these things are tough, even for smart people.
It also seems like he "underplayed" because, in general, society is still very vulnerable to mass panic (specifically cities). Mass panic would make the situation far worse.
In my opinion, most of the government is incompetent anyway, most people shouldn't even have a job in the government. One of the reasons I like Trump because he gets rid of the trash.

>>17620011
I'm almost 100% sure you're a gay nigger who will die from the gay plague AIDS

>>17619993
It’s because we haven’t been testing at all while for example Korea is testing damn near everyone they can.

>>17619943
Anon, don’t take this the wrong way but I want to fuck that rory

>>17619993
>in a couple of weeks
try by next friday, the US is massively undertested and capacity is just coming online
im not sure people are ready for how fast the numbers are going to spike

>>17620018
We had two months to prepare, the fucking hubris of america is astonishing

>>17619970
But you're always wrong, hence your name.
Everyone take note, Bagholder is excited for Monday. SELL SELL SELL.

>>17619257
There are two ways of looking at this market:
Things are great now and unemployment is the lowest it's ever been. Or, it can't get any better than this since unemployment has reached the bottom and unemployment can only increase from here on out. It's another way of saying we're in an inefficient market that is mispricing labor, and spread is getting lower and lower at every level. Recessions are welcome in these situations to fix real productivity from the central banks point of view. Persistent low unemployment was never their long term goal, just the goal at the end of a credit expansion cycle.

>>17619998
>disallow travel from countries that don't participate, until they burn the viruses out of their population
Good luck with that, there is ALWAYS some retarded motherfuck that can sneak into any country. You would have to unironically wall the country in, put auto turrets, AA turrets, dogs, tunnel scanning, millions of soldiers, etc at every possible exit location.

>>17620024
> Up until a few weeks ago, nobody thought it was a problem
Yeah it was a nice chance to more than double my returns because I knew it was.

>>17620050
>You would have to unironically wall the country in, put auto turrets, AA turrets, dogs, tunnel scanning, millions of soldiers, etc at every possible exit location.

That's a great way to stimulate the economy after this recession.

>>17620031
Imagine how loose she is after 9000 years of murder-raping rough men in the back woods,

TING TING TING TING

**AHEM**

FUCK BULLS
FUCK BOOMERS
FUCK CHINKS

CORONACHAN IS A NOTHING BURGER

>>17620041
i wish it was hubris and not incompetence. it has nothing to do with hubris at all.

>>17619998
That would be pretty catastrophic for the economy.

I was thinking shutting down the schools and such, but you can’t make such abrupt changes without major repercussions. You have to tell people to get ready because we’re gonna bam travel, because we’re gonna close he schools, etc.

>>17620062
[loud raytheon noises]

Crap, Whistler got postponed. Not sure when SNSS is gonna release the data now for 400mg. Next week might not be data week after all.

>>17619993
growth rate for smart children or more virus? don't you see humans with needs for gibs are the root cause? like seriously so much fucking.. literally you're self quarantined you just fuck your brains out... you fuck till the point cumming is literally no longer good and you need more... its desire and exhaustion... the desires are closed, you can't leave quarantine.... you're exhausted... and the only thing that you hear is weezing coughing, and trying to sleep as yoou're centered in a disease prevention camp... no the closest place to take a shit is literally 300 beds down and out the door into the wet, dark, snowy night... and when you get there... those 300 other people all puked pissed ripped off the seat.. there is no paper to wipe your ass... but you find relief and you freeze your ass off questioning the door guard asking to get back into the main room, but no you have to sleep outside tonight.

>>17620073
Sure it is, plenty of boomers told me in January and February that it's literally nothing. Trump called the concern a HOAX. American government is also full of retards but they thought it wasn't going to happen when it did.

>>17620063
Nahhhh that’s not really how it works.
Plus she’s a god or something so she has crazy rejuvenation. That thing snaps back to virginal I bet.

>>17620084
i bought some this week and made out pretty well. thanks dude.

>>17620097
We're all gonna make it fren

>>17620050
>NOOOOO YOU CAN'T ENFORCE THE BORDER IT'S IMPOSSIBLE!!!
Yes you can, jewboy. Besides, mines are cheap.
Put up two walls with mines in the middle. Anyone who gets blown up was guilty of bypassing one of the walls. Mail the remains back home and charge them for the mine and wall damage.

>>17620082
HAL, SLB, XOM and OXY

BTFO, how will they ever recover

>>17619931
>what is it, couple hundred bucks?
If seen 3200 and 3400 mentioned, but nothing official.

>>17619993
A guy I know put a back of the envelope estimate together

Based on how many deaths there have been in the US and how long it takes to get killed, he guessed something like 33,000 to 250,000 already infected in the US.

>>17620140
The demographics are unique, hit a nursing home. Also CFR in USA will be 2x+ that of china on age demographics alone not taking into account other pre-existings.

>>17620140
And a doubling period of about 3.8 days

He expects the number of infected to 1000x globally per month till it burns itself out

>>17620127
2001: Hurr durr, no blood for oil. Oil bad. Please keep consooming
2003: Stock values spike, Iraq war is heating up
2020: Oh no! Global warming! Oil bad. Please keep consooming
2023: ???

>>17620117
The point is that you cannot let a SINGLE (ONE) (1) person through, for years, decades, or even longer. Good luck lad.

>>17620184
By then it's just another flu bro.

>>17620140
>>17620151
yeah it's bad

It's funny because literature talks about the necessity of starting a quarantine ahead of time instead of reactive.

Everyone is reactive.

Basically making the same mistakes in droves.

Because of the need to wait for a clear reason to not seem "stupid" to others, people in positions to make said decision will make it after it would have done anything.

>>17620053
>WE DIDNT LISTEN!!!
I do feel dumb for not keeping up with the news, I kind of assumed I’d have no edge and there’s no way for me to “game” a virus. I’d say it’s a once in a lifetime opportunity to make our like a bandit off of pol schizos, but who knows their may be another one.

The problem is, they always make a big fuss. Can you blame me? It sounded just like the “WORLD WAR 3 TRUMP KILLED FRANZ FERDINAND” shit over Iran.

But score one for the paranoid. Just because you’re paranoid doesn’t mean you’re wrong.

>>17620198
No. It's because I read about the 1918 pandemic, read about infectious disease models and what makes something containable, and made an intelligent decision on such determinations.

It was extremely predictable, very obvious.

>>17620198
The worst thing about schizos is that they panic for 12 years, and then when it's really time to panic, they'll claim that it's just another flu bro.

>>17620150
Hence the uncertainty and ridiculously wide range from 33,000 to 250,000

>>17620184
You only have to keep them out until you get the country they're immigrating from to adopt your anti-viral standard. A week of quarantine to save thousands of lives every year is a very small price to pay. And every week that they can't travel to the most important consumer market in the world is a far bigger cost to them than one week of quarantine so they will comply.

>>17620206
>It was extremely predictable, very obvious.

You guessed correctly. Nobody knows these things for sure.

>>17620193
No, at that point it's just another smallpox bro. No antibodies at all so you would be like the natives when Europeans came by.

>>17620198
Only the schizophrenics will survive. This is natural selection at its finest. Schizos will inherit the earth.

>>17620193
Just another flu that kills 10-30x more people every year

>>17620216
You could. I explained exactly why in the thread multiple times.

Stop being foolish.

>>17620226

You guessed correctly. It was a lucky guess. Congratulations.

>>17620226
They also basically posted accurate theta numbers from the cruise case in Japan.

If you just plugged that into a basic containment model you would have known the outcome.

>>17620233
>guessed correctly

I had a probabilistic model that was accurate and arranged my portfolio on that.

There was no "lucky guess". It was accurate prediction. I used formulas.

>>17620218
Not how immunity works. No one has any immunity whatsoever to SARS-3 AKA WuFlu because it is a NOVEL virus. Not getting attacked by flu viruses has no impact good or bad on your immune system. Your immune system is a function of your DNA.

Europeans have strong immune systems because of the black death and centuries of typhus and pox. Injuns had no immune system because they did not evolve immunodefenses.

Your immune system is not a muscle you work out to build strength in.

Anyone who didn't make money from corona virus was retarded. The second that China SHUT IT DOWN, you knew it was a real happening and not /pol/ or /x/ schizo shit. Don't even need to research shit.

>>17620275
pretty much, it was pure euphoria bull market at the time. Anyone caught going over the cliff with leverage or bullish position was just playing the game very bad.

>>17620226
We knew it was contagious as hell, and China was freaking out to contain it to make sure it wasn’t another sars embarrassment.

We didn’t know it would be so damn deadly. Hard to make conclusions when you’re comparing it to a heavily air polluted heavy smoking population with a third rate healthcare system.

Turns out an authoritarian state is more useful than a medical system for this shit. We’d need martial law to do that.

>>17620254
Sure sure but most people can only get the chicken pox once before their body no longer reacts to being exposed to the virus. And usually you only get the flu once in a flu season, and you have better “immunities” or whatever you want to call it to that strain for the rest of the season.

>>17620216
It's a matter of probability, not certainty. If a gun is pointed at a little girl's head and a bullet is shot, will she die? Perhaps, perhaps not. But probability favors the former.

When you consider a virus that :

1. Has a similar if not higher r0 than the flu, with similar symptoms

Isn't it reasonable to predict that the virus shall spread like the flu? Isn't it probable that that shall happen? We will see tens of millions of cases on this one.

>>17620254
Except we aren't talking only about the wuflu you fucking retard. We are talking about quarantining the entire world for multiple decades killing every known and unknown virus in existence Then a random nigger slips by and reintroduces every single known/unknown virus to the population of the world. WHAT U THINK HAPPENS?

>>17620178
most of these oil tycoons believe a paradigm shift will never happen, and the leadership is lost because of time and the fact they've already brought their chickens home to roost.

so loong story short they spend more money on media and campaigns to promote false promises, while forgetting about philanthropy and the true values of life. stuff like freedom, self reliance and having a succubus gook gf that teaches you to be a better person.... she said this to me 사랑해 and now I can actually read this shit... how did I become who I am...

>>17620291
Doesn't compute. Didn't know it was so deadly? Coronavirus are usually very deadly and we had JP deaths before USA even blew up. Heck we had Italy deaths streaming in friday night AH and you could have shorted stocks that didn't budge on the news (was one of two free money 100% chance trades I've made this year)

>>17620291
>muh air pollution
>muh smoking
>muh third world
>muh china
So you were retarded, confirmed.

>>17620318
Free trades of 2020

1. Timing long vol calls on Chinese announcement timings early on with coronavirus. The time of announcement was relatively predictable and VIX did not budge either way, neither did IV adjust, for the announcement timings, but would react. This only lasted a few days

2. Friday night before the big red week, Italy announced lots more deaths, tons of bad news, Xi making a very negative proclamation about how difficult it would be: Stocks didn't budge on any of this and you got a free short AH, with all my margin.

>>17620291
nope... you're fucking air quality is fucking terrible, and you're gullible enough to think putting all the sick in a place where they aren't working is better than letting nature take its course.

>>17620280
It still is pure euphoria bull market (in a good way) if you're playing medical stocks. Only going up from here. I'd advise shorting the major indexes as cover (which can perhaps turn into additional profit, if the market collapses but the medical sector isn't caught up in the collapse).

This is a market shift of proportions not to be matched for the next two or three decades.

>>17620362
I'm just short the indexes and long my favorites right now. Weighted long into Monday.

>>17620362
nope euphoria was when i was telling you around 2 weeks after christmas... you fucks don't understand euphoria even when i'm fucking screaming asking IS THIS EUPHORIA!!!

>>17620312
>Multiple decades
I explicitly said one week.
But to be honest it would be more like 40 days or a traditional old fashioned quarantine, because you have to make sure everyone in a community gets the virus and goes through the full process of immunity.

Once a community is declared virus free, it can be rejoined with other virus free communities. It would only take a month to permanently eradicate all human-effecting viruses on the planet.

>>17620280
I'm 40% SQQQ, TVIX, and UVXY. Am I gunna make it? How long you think I need to hold for?

>yfw you make $100,000 - $200,000 on options but die from coronavirus

>>17620383
not a good trader to judge. I just play whatever seems easiest. My optimization of returns is terrible.

How good or bad do you think this all will be in 4 days?

I finally decided to invest while it's low, but the initial money transfer won't arrive to my investment account until the 10th. Will everything rocket back up by then? Will it continue to fall? What should I expect?

>>17620400
Yankee Stadium will have be full of hospital beds in a month.

>>17620362
we are seeing a broad decline... blow off from top bollinger band fucker... i mean he didn't give me much information, but fuck i was still doom saying back in november... the real question is where the bottom is... we all saw this coming... i mean fucking 3 oor 4 weeks ago, when that nigger robbed the robin hood, committed actual crimes.. where is he now with his 2 grand? it was a top... I told you to sell... fuck i don't know where's the bottom. 3k spx was the bouncing spring level... does it fall further...

>>17620400

Lower than our last low, but not -20% low.

>>17620420
nooo not the bronx.... my favorite teemorino!!!! the house built by big bamereeno

>>17620378
Quarantining the world from the country that isn't virus free for possible decades. Only to have a nigger from that country slip by and reintroduce every known/unknown virus.

>>17620432
big bambino.... fuck soorry babe! give them a chance of life... I love you Ruth.

>>17620439
He's going to get blown up by a mine. I'm not worried about it.

>>17620400
'Buying the dip' is an implicit assumption that things won't get far, far worse ; That this is 'the dip' instead of the last optimistic prelude to a larger decline. You can 'buy the dip', but are you prepared to sit on 40% - 80% losses for several years until the economy recovers?

Because nCov-2019 isn't going away. By all measures and rational analysis, it's going to get worse. A lot worse. It's just started in America and European countries.

If you're buying at this point, and it's not medical, you must be quite crazy.

QYLD seems good. What do people think? I've tried this type of investing manually but its hard, so doing it through this fund seems way easier.

>>17620425
So, still worth investing then?

>>17620400
4 Days? Unless a big report comes out I doubt anything worse than more up/down shit. Real nigga hours will be coming sometime this month when the first reports of companies being completely out of stock start coming out. You are going to watch the markets start hitting -5% or greater every fucking day for a week.

>>17620450
Buy blue chip dividend stocks the whole way down

>>17620450
>By all measures and rational analysis, it's going to get worse. A lot worse. It's just started in America and European countries.

It's already showing signs of declining infectiousness. It will get moderately worse, and start slowing.

>>17620464
uhh... i'd stay away from tech growth stocks... qyld isn't what you want because the dividends are written by covered calls, and these tech stocks are going to lose value since they're highly valued... look at like staples... honestly i don't know your goals and objectives so fuck it... do what ever you want. i'm going too tell you a one set it and forget it plan won't work every year.

>>17620469
Im longing what I like with some SH on the side. Probably will keep adding to SH on pops but there’s no telling when someone will decide shit is priced in and shorts will be steamrolled. And then it’ll probably be even worse from what I’m hearing about the ports. It gonna be a real whipsawing. But I would really like for vix to go down just a bit

>>17620448
>t. dies from chickenpox after niggers think they invented human flight, by catapulting themselves over the mines

>>17620509
After it dips of course.

>>17620489
Reminder that Italy was literally told to stop accurately reporting their numbers since it was causing a panic.
Reminder that this is true for every country in the world.
Reminder that China is still losing billions everyday over a "nothing burger".

>>17620514
Not how immune systems work, retard. We've been over this but you're too dumb to get that the immune system is not a muscle you work out. As long as we are European it doesn't matter how many generations pass (within reason) without chickenpox, we will still have the evolved immunodefenses against all versions of the herpes viruses that Europeans evolved defenses to.

I don't know my favorite Kylie Minogue song... I guess in the decline of crude prices you get Red Blooded woman... The market's can be a real bitch.

https://www.youtube.com/watch?v=nZaLpZue7us

new new new new

>>17620554

>>17620554

>>17620534
>Reminder that Italy was literally told to stop accurately reporting their numbers since it was causing a panic.
>Source: my ass

>>17620546
>t. /pol/
Imagine being so retarded that your only argument is "White people are immune to everything and always will be because DNA and Ayrans lmao".

>>17620489
The infrastructure doesn't exist to accurately track infections. What country, even China, has the ability to test *everyone* with flu or cold-like symptoms? Only a fraction of the people actually infected have been tested. Only a segment of the people actually infected have been suspected, isolated, or quarantined.

Most people infected with corona-virus are still walking around and going to work. There are 500,000 - 1,000,000 people infected with nCov-2019 worldwide as we speak. There are several people with the disease, just walking about, coughing and sneezing everywhere, in every area with a large international airport.

We just don't know about them yet. But statistically, it's true.

>>17620291
>We didn’t know it would be so damn deadly
You fucking idiot.