/biz/ - Business & Finance

2008 here we coooooooooof

AAAAAAAAAA
AAAAAAAAAAAAAAAAA
AAAAAAAAAAAAA
AAAAAAAAAAAAAAAA
AAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>mfw SPY surges tomorrow when everybody starts buying cheapies
>mfw my 350 SPY calls print fat green bags of cash

>>17645131
mumu are you ok?

>tfw bought calls on friday hoping for a gap up just like last monday

Congrats on this guys, seriously

Nothing burger. By the end of the week we will be up 8 percent. Calm down Cryptocucks.

>dat oil price
I'M GONNA MAKE SO MUCH FUCKING MONNNNEEEYYYYYYYYYYY

>>17645174
same brother

>>17645131
Puts on SPY? Any money to make there?

>>17645167
>350 spy calls
are you insane? Those better be 1+ years out

>china now has slaves to run their factories
>unethical chinese medical practices/research are about to give us treatment in record time
>expect a chinese vaccine in 6 months
where were you when bears were utterly btfo by the chinese dragon?

i should just long SQQQ right

WHAT THE FUCK HAPPENED TO OIL PRICES HOLY SHIT IT'S ALL COMING DOWN AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>17645180
God damn are those real?

>futures

that's right gweilo, we are saving your precious market

Is Microsoft safe investing in during this shitstorm? It seems pretty steady and safe

>>17645175
lol
xd

https://twitter.com/CNBCnow/status/1236774860690513925

It's over.

PSQ/SQQQ to short the DOW!
SH/SPXU to short the S&P!
TLT/TMF to short bond yields!
DRIP/OILD to short oil!

https://video.h5.weibo.cn/1034:4479088015114260/4479088482154728

BREAKING NEWS

EFFECTIVE TREATMENTS FOUND IN CHINA

KALETRA EFFECTIVE
REMDESIVIR SUPER EFFECTIVE

CLINICAL TRIALS - MAN SPEAKING IS IN CHARGE OF THEM

WE HAVE A TREATMENt

REPEAT

WE HAVE EFFECTIVE INHIBITORS

THIS IS OVER BOTTOMED

Reminder:

LCI makes a generic Kaletra. Kaletra is now being used in massive quantities over in China and being recommended for treatment by doctors on Twitter for emergency US patients. No joke, LCI might be about to double at a minimum, they are under $8 a share now and well below book value.

LCI guy might even be right about the $60. The market does not seem to know they make a generic Kaletra. I put $25k into it to hold.

I HAVE A NATURAL ABILITY MY UNCLE DR JOHN TRUMP UNPRECEDENTED GENIUS BUY STOCKS

GREAT DEPRESSION 2.0

>>17645218
>massive reliance on china production lines
>going to lose the JEDI contract to Amazon due to false advertising

No, you FUCKING retard, it isn't "pretty steady and safe".

I quit my oil & gas job last year, feeling very comfy right now

I dont want my stoplosses to go off. I bought them with more than 40% distance from the ath...

>>17645131
this is really bad... if the market has a hiccup like this then we are never going to recover, the FED can't account for something this devastating to the economy.

https://video.h5.weibo.cn/1034:4479088015114260/4479088482154728

ALERT

ALERT


https://video.h5.weibo.cn/1034:4479088015114260/4479088482154728

EFFECTIVE TREATMENTS

EFFECTIVE TREATMENTS

THE BOTTOM IS IN

https://video.h5.weibo.cn/1034:4479088015114260/4479088482154728

https://video.h5.weibo.cn/1034:4479088015114260/4479088482154728

ALERT

Dow futures down 900 points.

MY BOOMER FUNDS!!!!!

NOOOOOOOOOOOOOOO!!!!!!!

Source on oil trading halted?

>>17645258
/CL is actively being traded

>>17645248
>>17645226
Desperate

>>17645270
Yes it will be traded all the way down to $0,20.

>>17645248
>>17645226
>weibo.cn

ITS OVER

WE ARE ALL DEAD

no shorting for you

>>17645157
So...short TSLA, right?

its fucking over lads

>>17645285
mamma mia!

>>17645226
holy shit the bulls are getting desperate

futures might get halted

https://www.cmegroup.com/trading/equity-index/faq-sp-500-price-limits.html

Why didn't I just hold my shorts over the weekend bros

>>17645249
HAHAHAHAHAHAHAHAHAH FUCK YOU DAD1!!!1111 SHOULDN'T HAVE BOUGHT THAT BOAT DADDDDDD. WHY'D YOU GET THAT NEW HOUSE DADDDDDDDDDDDDDDD. COULDA HELPED ME OUT HUH BUT YOU DIDNT WANT TO GIVE ME THE WRONG IDEA GUHHHHHHHH OH NO NO NO YOU COULD HAVE GRANDKIDS IF YOU HELPED WITH MY LOANS OOOOOOH BUT LOOKS YOU HAVE A BOAT? FOR NOW MAYBE HAHA OH DAD YOU SILLY OLD COOT, YOUVE GONE AND FUCKED YOURSELF. SORRY POPS BUT THIS IS AMERICA YOU JUST WALK INTO THAT WALMART, LOOK THE MANAGER SQUARE IN THE EYE AND TELL HIM YOU'D LIKE A JOB IM SURE YOULLL BE CORPORATE MANAGEMENT IN NO TIME HAHAHAHAHAHA BUCK UP BUDDY YOU WIN SOME YOU LOSE SOME HAHAHAHAHA

THE WORLD IS UNIRONICALLY ENDING I CANNOT BELIEVE THIS SHIT TWO WEEKS IT TOOK TWO WEEKS FOR THE WORLD TO END FROM SOME FAGGOT CHINK VIRUS ALL OF HISTORY ALL OF RESEARCH AND OF INDUSTRY IT WAS ALL COMPLETELY AND TOTALLY DESTROYED BT FUCKING STUPID NASTY BAT EATING CHINKS AND THEIR NIGGER TIER FLU WHELP THANKS EVERYONE FOR THE MOON LANDING AND THE COLESSEUM AND THE CYBER TECHNOLOGY BUT LMAO CHINKY DINKY FLU JUST DESTROYED IT ALL FOREVER AND EVER AAAAHAHAHAHHAHAHAHAH

https://news.cgtn.com/news/2020-03-06/InterviewClinical-drug-trials-for-COVID-19-going-smoothly-ODsBWLTfaw/index.html

ITS OVER

EFFECTIVE TREATMENTS

CLINICAL STUDIES WRAPPING UP IN CHINA

INTERVIEW WITH PERSON IN CHARGE
https://video.h5.weibo.cn/1034:4479088015114260/4479088482154728


remdesivir successfully inhibits covid 19

>>17645235
Great Depression 2: Electric Boogaloo

Are puts even worth it? So expensive

I THOUGHT I HAD CHEAPIES

So buyers, why didn't you listen? Too arrogant or too greedy?

>>17645209
As real as Elon’s and Donald’s hair

>>17645296
iirc it bounced just in front of the circuit breakers in the 2010 flash crash.

Can anyone give me a ballpark price for
SPY 200320 P 285.00
SPY 200327 P 300.00
SPY 200403 P 295.00
?

Please and thank you.

PSQ/SQQQ to short the DOW!

SH/SPXU to short the S&P!

TLT/TMF to short bond yields!

DRIP/OILD to short oil!

>>17645307
how will you get this out to 100's of millions of people with international travel shut down?

>>17645307
Stop spamming this fake news bullshit. Nobody cares which is why futures are -4% and about to hit circuit breakers.

>>17645316
Well, you're kind of soft shorting anyway by just sitting in cash

>>17645305
dude it's the Federal Reserve that made the bubble, corona is just the final push it needs to maybe probably pop

implied volatility is so high options prices are absolutely fucking stupid
dump a bunch of money into an inverse ETF like SQQQ if you want to bet against the market.

>>17645285
Fucking commies, lol. I wonder why the Italian stock market doesn't have more trading volume on it? Hmm...

DRUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUMPF

STOP PLAYING GOLF YOU ORANGEEEEEEEEEEEEEEEEEEEEEEEEEE

>>17645332

Google it you dumb nigger

>>17645304
Dude your dad was nice enough to you to let you pity bang that tight Thai twat, quit being such an ingrate

>>17645304
I feel this

>>17645318
whats the price for AMD now ?

>>17645307
>>17645307
>>17645248
>>17645226
This is fucking pathetic. Go sleep under an apartment building before it collapses stupid chink.

>>17645225
How do I short Europe?

>>17645340
It's not fake news.

https://news.cgtn.com/news/2020-03-06/InterviewClinical-drug-trials-for-COVID-19-going-smoothly-ODsBWLTfaw/index.html


You can see the interview with the person in charge of clinical testing in China for remdesivir and Kaletra

he has interviewed and said remdesivir is highly effective in the trials.

>>17645174
>>17645181
Until the virus news is good or the Fed starts buying, or Buffett steps in to rescue banks again you stay short.

>>17645305

>>17645341
True might just stay cash

>>17645329
i never sell, too hard to know when to get back in. i do have 200k of bonds/gold/cash that i'll be putting to work as we drop lower

>Putin just sparked an oil price war with Saudi Arabia — and US energy companies may be the victims
>https://www.cnbc.com/2020/03/08/putin-sparks-an-oil-price-war-and-us-companies-may-be-the-victims.html?
>Many industry people I spoke with over the weekend expect oil to open trading in the $30 dollar range, if not worse by week’s end. That’s very bad news for Texas, North Dakota and anyone still left invested in oil and gas stocks. Shares of Chevron are down 20% in 2020, making it the best performing energy stock in America. Most are down 30%, 40% or even 50% since January 1st. The S&P Oil & Gas ETF (XOP) is down 33% this month.
it's literally fucking over

>>17645371
Nobody trusts anything coming out of China. If you do then you're a sub 100 IQ fool.

>>17645371
cope you faggot

>>17645307
BEARS UTTERLY BLOWN THE FUCK OUT

>>17645357
All the quotes I found are for Friday's close and I have no fucking idea what to put into any calculators.

>>17645378

>CHINESE PERSON CLAIMS DRUG HES RESEARCHING IS A MIRACLE CURE
Wow suddenly I am bullish! Wtf

>>17645329
The buyers are zoomers who have only ever known markets-go-up and only care about bagging 10x's so they listen to dumbfucks on /smg/ shilling AMRN or SNSS or whatever the new scam is

>>17645353
This is what he's doing. The modern Nero. Very good look.

>>17645285
italians are basically the mexicans of europe, no one takes them seriously

>>17645362

$0

>>17645285
Based, fuck speculators

>>17645388
COPE GWEILO

CASH IS STRASH

>>17645400
It's in clinicals in USA too, stage 3.

It's being done in China as well.

https://news.cgtn.com/news/2020-03-06/InterviewClinical-drug-trials-for-COVID-19-going-smoothly-ODsBWLTfaw/index.html

Look up everything on remdesivir. It's the head of China's clinical trials and the drug is American

>>17645371
will certainly help oil to recover

Fuck it boys going innawoods now have fun dealing with the food mobs and the coming purge once the run on banks starts.

>>17645409
Aw poor idiot can't make money over the suffering of others boohoo

>>17645341
You don't profit from cash until prices recover which could be a year or more. Puts are worth it because you can get unlimited money by bailing out the crying Jews who want to minimize their losses.

If their stock goes from $100 to $1, and you have a put at $50, they can pay you $30, take the put, and come out $19 better than they would have been selling their shares on the market.

At least I think that's how it works.

>>17645429
Then stop posting Chinese news outlets, fucking retard chink.

HERES THE REAL QUESTION
HOW HARD CAN THE FED PUMP TO OFFSET????

>>17645131
IRL RED WOJAKS???? holy shit this must be bad.

>>17645370
I assume you are European so you want Euro stocks? I can't say because I don't know, trying looking up inverse ETFs.

literally all cash lads, going balls deep when this shit is over. been waiting on the sidelines for too long but now it's going to pay off.

>>17645429
The drug is gilead's. And china will most likely not pay a massive fee for using the drug since it has not been granted a patent yet or something. It also doesn't work preventive so if a vaccin is found, the drug will have a significantly lower market share

>>17645353
Drumpf is literally going to have an aneurism/stroke/coronary over this shit, before he even figures out who he can blame.

He doesn't have the balls to call out his buddies Putin and the Saudis.

Still, he’ll get us back to ATH’s soon or we’ll get a new president

>>17645371
Didn’t he just say the trials are going well? Did he actually say the treatments were causing statistically significant improvements?

>>17645456
It has not officially been reported.
Kaletra effectiveness will be published shortly.

It's only on Chinese news because reporting on ongoing clinical studies is a big no no in the rest of the world.

Kaletra will be first news to break on an effective treatment then remdesivir.

https://news.cgtn.com/news/2020-03-06/InterviewClinical-drug-trials-for-COVID-19-going-smoothly-ODsBWLTfaw/index.html

The head of the chinese study is telling you the future.

>DAX FUTURES -4.8%, GERMAN DEFAULT IMMINENT

>>17645404
wait is that fucking real?

IS SHORTING XOM A GOOD IDEA FOR A MARCH 20 EXPY?

>>17645459
they haven't even truly started their buy program.
they will wait until Tuesday at least, but more likely they won't be doing any extra purchases this week.

>>17645484
Yes, somehow.

>>17645480
Bro
How much more AbbVie should I buy?

>>17645474
It's an inhibitor. The earlier on you begin taking it the more effective. It's why they are doing two studies, one on moderate and another critical.

It's more that you just won't want everyone in population taking it for preventatitive measures, but

>>17645482

my jaw hit the floor when I saw that oil

>>17645288
Socialism is the fucking problem you mongrel. This will happen whenever you have a central bank controlling the money supply. All central banks are inherently Marxist.

>>17645489
also interested in this one, they said breakeven for them was 30, such a fuckin lie

I’m gonna lose sm money tomorrow

>>17645482

B-b-but cramer’s oscillator....

so all this repo shit is devaluing the dollar right?

its over, tens of millions will die, stock market going to zero, its literally over, i cannot fucking believe it yet it is literally happening, this is the worst cataclysm in human history and it came out of fucking no where, unbelievable

AAAAAAAAAAAAAAA YOU SAID I SHOULDN'T SHORT WHAT THE FUCK WHJY

Let the stock market burn to the ground. I don't give a shit.

>>17645482
DAX has always been a shit index. When has Germany not been a stagnant puddle? The late 1800s?

Pendy, let's hold hands as we watch the world burn.

>>17645520
i bet that fucking bat soup was delicious though

>>17645302
No balls. You didnt believe.

>>17645500
he has genuinely lost his mind, and at the worst time possible

>>17645507
are we buying

>>17645519
repo operation has no effect on monetary supply

>>17645520
yes it's so fun isn't it?

Who here bought 'cheapies' this last week?

whats this curve called?

>

>>17645517
Me too bruh, me too. The vix and the short range oscillator said start buying. Cramer said star buying slowly. I got a little too excited though...
But an oversold bounce is not out of the question.

MY OIL STOCKS!!!!!!!!!

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>17645508
Marxism is when you buy stock

So with sadness in my heart,
I feel the best thing I could do,
Is end it all, and leave forever
What's done is done, it feels so bad,
What once was happy now is sad
I'll never love again
My world is ending

>>17645555
uhh anon it's going faster

>>17645554
>The Reaping Scythe

China pays reparations NOW!!!!!!!!!!

God bless that bat, he died so bears could make riches

>>17645180
I made money on the huge gap today. I'm ready to go the other way, nigga.

>>17645549
k ty

>>17645554
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>17645574
>>17645555
>mfw 10% drop in one day

>>17645548
Good for short sellers.

do i need to go to a big school? or can i graduate from a large state school with a finance degree and land a analyst job?
>27, gi bill
>family to consider

>>17645572
...tumbling down, tumbling down, tumbling down...

May crash out of BMY... recent articles suggest drug trials are going to have a hard time because of all this corona shit.

>>17645540
Biotechies should actually be somewhat recession resistant if I remember right.

However... ones that are already in big debt... I don’t know.

>>17645502
LCI makes the generic and is already severely under value. You should go all in on LCI. Not kidding.

>>17645569
How fucking retarded can you be? Taking your capital and investing in companies is capitalistic. It is not capitalistic to buy stocks.

Now, when the Fed begins to buy stocks, that will be neo Marxist.

Noob here, am I going to make a lot of money with these? I held them over the weekend. This is a serious post.

>>17645554
the death slide

>Chinese man eats a bat
>I lose money
what?

>>17645550
I loved gantz!

>>17645553
I did sir. Big buys in Visa, Microsoft, Barrick Gold, SVXY. Small buys in AbbVie, GLDM, and SH.

>>17645478
Cao pointed out that according to the test results, remdesivir shows stronger activity against coronavirus compared with kaletra. "If we have the positive results of kaletra, maybe we will have even better clinical and virologic outcomes of the remdesivir," Cao added.

Good music to listen to while witnessing the end of American wealth?

>>17645599
GALT isn't in debt and has a billionaire chairman of the board.

>>17645554

Vertical Descending Hellfire Dildo

>>17645610
>didn't short an obvious bear market
>you lost money
blame yourself

>>17645608

Yes, you're going to make a fortune. Congratulations.

>>17645131
Guess ill have to wait 5 years for chainlink to make me money.

>>17645622
https://youtu.be/kwxIGe1oOJQ?t=15

>everyone reacting to futures
>everyone saying "i hope this happens", "i hope this doesn't happen", "fuck tsla i hope elon gets cancer of the rectum", etc

STOP REACTING TO STUFF AND WHAT YOU HOPE TO HAPPEN

START ACTUALLY SAYING WHAT YOU'RE GONNA DO ABOUT IT ON MONDAY WHEN THE MARKET OPENS, PUT YOUR MONEY WHERE YOUR MOUTH IS

I've never invested before, but this seems like a good time to buy oil while it's cheap.
How big is a barrel? I'm not sure how much I can buy, since I don't have that much extra room in my house.

turns out communism was right all along...

>>17645608
Can someone Answer this

>>17645602
Shoo shoo shill
I’m not buying companies with challenged business models who have been increasing their debt.
>>17645621
>If
So it’s just hope that kaletra did anything?
>>17645624
That second part is true, but I believe they don’t even have enough funding secured to finish trials.

How much will this be worth tomorrow?

>>17645648
>money has value

>>17645602
I hope $GILD bribes the investigators to release remdesivir results first. I can only imagine what's going on behind the scenes with so much money on the line. There must be two-hundred, three-hundred pharmaceutical reps in China courting government officials and doctors around the clock.

>>17645637
>tfw neither long nor short right now

day traders are the true chads, i love watching the downfall of modern society, laughing while eating popcorn. haha!

>>17645622
https://www.youtube.com/watch?v=ri5F633xSsY

anyone thinking that a coronavirus wonder drug will save the market, especially in the short term, is delusional.

NOOOOO
NOOOOOOOOOO
FUCK
FUCK
FUCK

>>17645608
I reckon it will make you a decent amount of money.

>>17645648
ill being doing triage all day tomorrow, maybe just sell, maybe get margin called and kill myself, maybe take a cruise and intentionally infect everyone

>>17645673
1.5 M

>>17645648
i'll be buying boomer etfs on the way down

IT ALLLLLLLLL RETURNS TO NOTHING
IT ALL COMES
TUMBLING DOWN TUMBLING DOWN TUMBLING DOOOOOOOOOOOOOOOOWN

>>17645622

https://www.youtube.com/watch?v=xTkZMAT2OV0

>>17645641
niiiiiiiiiiiiiiiiiiiice

>>17645589
>still have an SQQQ long open from the 5th

WTF WAS THAT

>>17645691
R u fucking serious?

>>17645672
LCI is paying down their debt, not increasing it. GALT will either partner or increase the billionaire's line of credit. Neither of these companies will fail.

Your loss.

so are the saudis looking to punish russia or is this another attempt to kill US shale? if that's the case it feels like a risky proposition with trump in power, he might just bail out the domestic drillers if required

>>17645673

Holy shit. Based as fuck. Congratulations on your spoils. Probably about the same at open, but I think the market's going to tank further throughout the day. You fucking made it, my man.

>>17645549
not taking any questions. Please leave your letter on the foot of my pillow fort

>>17645622
https://www.youtube.com/watch?v=oIscL-Bjsq4
duh

so how are we pricing in an immenent economic depression in texas and it flipping dem

>>17645711
maybe 1.7M

>>17645686
cope, beijing will soon be the financial capital of the world

>>17645693
Basado! Did you make this or is there a generator for this type of thing?
I want more VIG and BRKB all the way down...

>>17645717
It's not mine. This dude started with 7k I think

>>17645672
Kaletra study is done

>>17645693
Based me too.

>>17645285
I would honestly be fine with this, if it was the everyday rule. The only reason they're doing it is because it's a glaringly obvious trade that normal people will actually do and make significant money off, they won't allow that.

>>17645484
A million. Congrats.

>>17645517
>>17645561

you cant account for a black swan event

>>17645732
>custom e-juice
Gross did zoomer scum

Trumptard boomers on suicide watch. muh booming economy

>>17645732
this virus has singlehandedly killed off the idea of any overseas manafacturing base in china for good

>>17645732
ok chang

>>17645718
I am going to enter your pillow fort and rub your feet

>>17645622
https://www.youtube.com/watch?v=SRmCEGHt-Qk

>>17645622
https://www.youtube.com/watch?v=K0MLMm7cj1M

>>17645731
nah it's just an excel spreadsheet that i maintain which lets my lizard brain think i'm in control

>>17645648
>PSQ/SQQQ to short the DOW
>SH/SPXU to short the S&P
>TLT/TMF to short bond yields
>DRIP/OILD to short oil

>according to VIX this is the dot com bust

>>17645651
https://www.bloomberg.com/news/articles/2015-11-03/that-time-i-tried-to-buy-some-crude-oil

>>17645672
Basically the chinese guy in charge of clinicals gives updates to chinese audience about what is happening behind the scenes.

It's sort of like insider info but they publish it publicly and then trade on it.

>>17645673
post your results tomorrow bro.

>>17645561
I feel like if I sell it will bottom but if I bag hold it will be worse than 1929

>>17645751
Are they doing it, or is it just his suggestion?

how is everything getting so completely fucked in the world economy right now? how did no one see this shit coming and have a plan ready to deal with it after SARS and swine flu and all the other shit we've dealt with in the past? how did the world economy become so interconnected that if one chink gets the sniffles it topples the entire global economy?

is there like, a youtube video or something i can watch on this, a documentary? im not losing any money in the markets because i day trade and don't hold overnight, like a chad, but im worried about whether or not the world pulls through this okay in a year. if we will then let the market crash idgaf i just follow the trend, up or down.

>>17645728
jesus christ what a lucky fuck

>>17645335
As some who's been in logistics for healthcare for the better part of a decade, playing a very small role in saving potentially 10's of thousands of lives, you'd be really surprised the shit we do. I once flew to Ireland with a single box, delivered it to a person waiting at my gate when I landed, had a shot of Jameson and got back on a plane.

>>17645795
For instance the last update he said

paraphrase "We are not supposed to talk about on clinical trails.. but remdesivir is looking very good in our trials, very effective"

to that gist.

Kind of a .. nudge nudge wink wink here are our clinical trial results ahead of time, but we aren't breaking any rules thing

>>17645801
Yes.

Let's just hope Robinhood doesn't shit the bed again. Tomorrow will be huge.

is this the perfect shitstorm for airline companies? corona killing the travel industry and oil crashing while they're all heavily hedged against a higher oil price

https://www.youtube.com/watch?v=10yrPDf92hY

>>17645673
I wish I was you right now

>>17645802
>its just the flu bro!

WHAT THE FUCK MY FUTURES NOOOOOOOOOOOOOOOOOOOOOOOO AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA TRUMP SAAAAAAAAAVE MEEEEEEEEEEEEEEEEEEEEEEE NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>17645820
When you put money on big pharma, it's like putting money on God. Even if the medication isn't that good, sure as Hell they'll get the studies to look like it is, and they'll charge $3,000 a pop for it too. Omnipotence.

simple trick
markets wont open tormorrow
you mad bears?

>>17645840
those hedges are the type that they hope expire worthless.

I think airline companies are very fucked, but cheap oil is always a good thing for them.
It's just a couple % less good because of their hedges, but that's the normal price of doing business.

This is how China's century begins. Every country gets fucked and then we come into save them with our miracle drug.

>>17645710
I've sold and rebought so many times trying to swing trade when I should have just fucking held that shit

Nikkei about to open down 1000 too

>>17645226
Wait a minute....
Havent I seen this guy before?

https://www.youtube.com/watch?v=oTysV3EfSyM&t

>>17645863
It's more like you can know right now

China will announce positive clinical study results for covid 19 treatments. The guy running them just said as much publicly.

>>17645860
>he held Long over the weekend in this crisis

doh ho ho, im loving this *fills mouth with another handful of popcorn* [laughs in day trader]

The shock and horror itt is hilarious.
>V reversal failed (most of them do) and it's testing the bottom (it usually does)

>>17645673
You are a multi-millionaire already. I advise you to take the time today to browse property you'd like to purchase.

>>17645404
>>17645484
wtf is this
how does this
what is happening

>>17645880
i nearly kms'd my self during that friday pump but im glad i held

tell me why I shouldn't buy 1k worth of SQQQ at 7 AM tomorrow

>people still falling for the "number go down" meme
lmao. good goy. have fun losing your job while Mr.Goldberg makes untold millions off of every economic downturn

-1,030

>>17645412
This is the wrong board for you lmao

>>17645888
>Implying that there are more than 5 different versions

>>17645911
you should buy 100k

holy fuck i just checked the futures lads

>>17645911
Because you should buy 1k of SQQQ calls instead.

Futures be like.

>>17645915
Anon you know you can also make untold millions off of every economic downturn?

>>17645899
babbys first bear market
shouldnt be suprised, a doubt many people in this thread were actually around and involved for '08

>>17645865
kek

>>17645935
My net worth is only 11,000 dollars anon I can't
>>17645941
But the IV is so fucking high

>>17645608
You will make like 10-20% at open today, but all of those will expire worthless. Fed will engage in massive buying before it would let the market fall that fast. Giant corps sitting on hundreds of billions would also engage in massive share buybacks. I say all this and I am short the market too. But doomsday puts that expire in 11 days is throwing money away.

>>17645482
AAAAAAAAAAAAAAAAAAHHHH

>>17645648
>ON MONDAY WHEN THE MARKET OPENS
Globex is already open
Short copper

All that money that's exiting the DOW and S&P is pouring into pharmaceuticals and medical. It's a good day to be a pharma bro.

>>17645798
>>17645850
>>17645902
It's not mine. I just like to save other people's screenshots so I can live vicariously thru them

>>17645404
>the modern Nero

redpill me on Nero, give me a good documentary on yt

>>17645520
>Out of nowhere
The crash was supposed to already have happened. Coronachan has just thrown a wrench into the works of a system that's run out of fallbacks

I’m going to be fucking sick...

>>17645974
>muh IV
So? Just by at the money a month out. I bought my SQQQ calls last week.

>>17645316
Honestly, I've stopped buying options with cheap premiums, and I've done much better as a result. TSLA calls, absurdly expensive, very profitable for me, SPCE weren't cheap but still very profitable, ths SPY puts I bought not cheap, but still have been and will return to being very profitable in the morning. I am in GME calls that came with a very low premium, but those a lotto calls which is where you want a low premium. If you're going to start really trading options and already know enough to feel confident, put 600 to the side for your first trades. The lowest I usually go anymore is 2-3 hundred, but my most profitable was 680, and 830 TSLA call when its share price was 690 right before the first lift off to 800. I sold it for 8400.

>>17646011
Like a lot of the early emperors, he made himself popular with the people and angered the senatorial class so they villified him after his death

>>17645554
The wall

Friendly reminder for all the long term anons, none of this will matter in 5 years.

https://www.cnbc.com/2020/03/08/trump-is-enlisting-big-pharma-to-stem-the-coronavirus-crisis.html

I take back what I said about PFE. Looks like Merck fucked itself because the CEO was one of the ones on the presidents economic council who stepped down because trade war bullshit and other trump nonsense that fucked with economic growth.

Favorite is still JNJ with REGN on the side. May buy Merck on the way down. TBD.

>>17645820
Holy shit.

So many good ways to make money if I hadn’t been turned off from the virus stories by all the schizoposting.

Recession though... it’s here

am i gonna make it

I'm pretty deep in SPXS but this is legit terrifying
Bros, make it stop. I don't want the crash to happen anymore, this is too much. I just wanted a slow death by a thousand cucks so I can laugh at bulls

>>17646045
We will all be dead in 5 years

>>17646045
...because we'll all be dead?

>>17646045
this

every dip in the history of the market was scary to go through, but turned out to be a good investment opportunity in hindsight. dont be a faggot if you want to make money.

>>17646058
Fellow HTBX anon

>>17646045
Did you go through with the Italy puts?

>BREAKING: U.S. Senator Ted Cruz says he will be staying home this week after a person he had a brief interaction with at CPAC tested positive for coronavirus
TED CRUZ IN SELF-QUARANTINE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>17646045
>what is opportunity cost

>>17646045
yes it will, it will be catalyst for us all being rich if we play this right

>>17646085
the vaccine dahnald

>>17646085
>the vaccines, Donald

>>17646081
Nope I fucked up and was hoping we'd have a bounce back Monday or Tuesday. The Anons who had enough conviction to go in on it last week are going to do very well this week. God bless them!

>>17646045
>See? Only 5 years and Im already breaking even!

>>17645992
The premiums were already insane on Friday, The vixx will probably go to 55+ today driving up vega and premium prices even further.
This one is going to be risky either way.

>>17646045
Well yeah of course and I'm looking forward to sitting here laughing at people that thought they could catch the bottom. I don't care about my portfolio, I just want to witness that honestly

>>17646115
>>17646114
nice

>australia @ -4% already
make it stop

>>17646114
>>17646115

>>17646130
>hey at least i didn't lose money, right? hah!

>>17646114
>>17646115

>>17645992
How would it only be 10-20%

>>17646141
No

>>17646045
THESE FUCKING BULLS LMAO

>>17646064
Bulls take the stairs, bears take the elevator.

>>17646133
Puts for 03/13 SPY

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>Oi mate, we're fucked, cunt!

when do I sell

>>17646045
Based and longtermpilled

>>17645383
Pootie Poot striking while the iron is hot.

>>17646200
>He didn't buy calls at 26

anyone else feel weird being probably one of the few people you know (maybe only person) who actually knows wtf is going on in the world because of stocks?

even if the markets drop 5% tomorrow we still won't even be at the 52 week low you mouth breathing retards

a month ago everyone was chimping out saying the rally was a fraud and unsustainable so why are you all panicking now?

When does FTSE MIB futures open?

>>17646167
>>17646130
Shit you guys are right we'll never recover from this!

>>17646187
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>If the Primary futures contract is limit bid or limit offered at 8:23 a.m. and remains limit bid or limit offered at 8:25 a.m., then trading will be halted until 8:30 a.m. During the halt, the Exchange will provide an indicative opening with price limits expanded to 7% down.
Does this mean 5% is not really the biggest possible drop pre-market? That it could just pause then drop another 2%?

That's bonkers.

>>17646226
Cope

>>17646230
saremo già morti per quell'ora, ragazzino

>>17646197
What's their equivalent of Mortimer

>>17646231
man i wish i had money in 2009

>>17645131

>>17646216
>China cripples supplies chains
>Saudis and Slavs cripple the energy sector

>>17646265
Statistically, you probably would've been too scared to hold anything other than cash or bonds at that point.

>>17646224
my friends seem to know about various things happening, but they have no way to gauge how seriously something this. the market helps with that.

>>17646224
true, getting that big short/margin call feeling when all the people around you are financial retards.

>>17645554
A nose dive

I will see you guys later. I have to buy some lube for tomorrows raping.

>>17645383
B-but why would Putin try to fuck over the US if Trump is Putin's ally? Did the MSM lie to me? Who would just go and do that?

are there quarantines in the US already or are they still about to happen?

>>17646300
Lube is sold out in all stores anon, you're going to have to take it dry.

Should i sell my MSCI EM ETFs?

>>17646309
they're hardly even testing people lmao

>>17645554
The Asymptote.

>>17646231
>it wont get worse from here my imaginary electric numbers will stand up to rioting and general societal decay

>>17646045
so in 5 years time your investments are worth what they were now? you sell now and buy again in 9 months and you miss the downside and capture the upside

>>17646309
A couple states and cities declared a state of emergency, no full on quarantines yet.

all my weekend puts are up loads

do I sell as soon as I'm able (half hour before uk market open) or wait for the open?

>>17645802
Because redundancy and autarky are not economically viable. To maximize profits companies operate along a very thin line. Even our hospitals don't have a huge stash of masks in case of Pandemic X.

Just think if you would have invested in the Dow Dec.29, 2017 and held. You would have made nothing so far.

Dec.29, 2017
Dow closed at 24,719
Implied Open March 8, 2020 24,814.

>>17646304
>Trump is Putin's ally? Did the MSM lie to me?
dumb dumb stupid post
the MSM says Trump is Putins puppet, that he won't go against putin because putin has dirt on him or csn give him access to russia real estate or some such thing.

>>17645622
https://www.youtube.com/watch?v=OcH88pWXXx0

>>17646379
>>17646379
>>17646379
>>17646379
>>17646379
New thread

>>17646323
Yes sell low and don't forget to buy high!

>>17645508
>hurrr is not da capitalist system is da central bank hurrrr me think free marked exist, also marksims is when da gobermant do da stuff is true da pentagon told me

You are a fucking braindead retard holy shit, no shit this economic system crashes every 10 years, since it is run by people like you who also don't understand how this shit works kys

>>17646309
NYC allegedly starting doing a fuckton of tests today, results in 24-48 hours.

>>17646351
NOOOOOOO YOU CAN'T JUST TIME THE MARKET

>>17646369
i just looked at a listing of the companies in the dow and spit out my water hahaha who tf is buying this boomer index

thank god they have microsoft in there to prop up the rest of that trash or it would be even worse

>>17645180
Frens, and all. We must propose our trade ideas, as we are a small and lonely group here.
Too late to short retail and hotels? Which will be fastest to the bottom? Finance/banking, ala FAS?

>>17645230
screenshot your portfolio, fagget

its bouncing back, I may actually get a decent entry point for my puts in the
morning.

>>17646254
I have a couple puts though...

>>17646416
Mastercard Merck Coca Cola?

>>17646392
The amount of projection in this post is staggering.

>>17645673
Congrats!! Do you care to help your friends out here? What do you think are other good plays yet, considering market will likely open very red?
--I have been considering puts on health insurance companies; what do you think? Or is a put on finance better?

>>17646465

>>17646465
Anon at this rate we're going to get halted.

>>17646226
You have a great point. But people aren't panicking here... they are excited. Mostly bears who saw this coming. What are some good trades?

Wait so should I sell all my puts on market open tomorrow? I assume it's gonna drop harder

>>17646200
Hold. It's going higher.

>>17646529

>when someone points out someone else saying objectively dumb shit it's projection

lmao

>>17645648

But he wants to crash it with no survivors. Go read his "wonky" article. Never ending stimulus