/biz/ - Business & Finance

BASED FED

>>17757787
BEARCHADS WE ARE BACK

>>17757787
THE HIDDEN /biz/ DISCORD LINK IS:
discord gg xFuuSTZ

It has to stay hidden or discord will shut it down

Green day tommorow
Check dubs

How low is Tesla going, give me some hopium on my puts.

I CAN'T STOP COFFING

>>17757830
you must go back

>>17757830
this discord sucks complete ASS.

It's also NOT HIDDEN if you post it IN EVERY THREAD retard

Options newbie guy: see my reply here: >>17757847

Don't blow your savings.

WHY THE FUCK are the futures going up?

I shorted QQQ so I need more bears!

How bad did linkies get fucked?

What companies are definitely going bankrupt so I can buy puts?

>>17757468
>>17757501

I'm conservative af, probably more than you, and voted for Trump. But the Fed's mandate is to control inflation and ensure maximum employment, not pump money into the stock market. $1.5 trillion vanished in a matter of minutes. It literally benefited no one, and the markets will continue to crash tomorrow. Up until today I always thought liberals were retards for wanting their student debt paid off, but after watching this debacle from the Fed I am rather appalled. I studied economics in college and interned at the Fed, so I am knowledgable in forming my opinion on this subject. That being said, the government is literally buying companies, which is basically socialism. Trump said America would never be a socialist country, but him and the Fed are full of it

>100000 infected in ohio
>no deaths
>turns outs its not a flu, its the common cold
imagine being a boomer and selling off everything because of a cold

>>17757966
Anticipating bankruptcies is really tricky as there is a risk your dying company of choice gets bought out for cheap and the share price moons when the offer is reported.

Fuck I need a green day tomorrow for SQQQ to come back down

Do any of you have that George of the jungle “just fuck my shit up” meme I need it to cope / laugh at my loses today

>>17757946
Because retard we have been in freefall for OVER TWO FUCKING WEEKS Jesus Christ.

Sorry you were late to the party but there isn't much left to fucking sell anymore even.

What happen /biz/? I heard you guys used to like these

>>17757841
I want whatever drugs you're on, because the nikkei is crashing with no survivors

>>17757787

Threadly Reminder!

>>17758011
>what is an incubation period and exponential growth
truly, the stupidity of mutts never ceases to amaze me

Is it going to be red tomorrow?

>>17757916
its hardly my savings, i'm not spending it on anything and i can easily apply for a job and make it back. i was only looking at cheap puts, something like SPCE 7.50 4/17, the rest i will probably dump into SQQQ/VXX/TVIX or any other negative ETFS you reccommend for the next couple months. I really want to have a base to buy stocks when the market starts recovering

>>17757946
$1.5T

PPT Gang

Bears lied to you that $1.5 didn't work

I'm sitting on 40k in the bank.
Is now a good time to get into equity or should I just stick it in a money market account and wait.

>>17758071
>He thinks there's a bottom

>>17757950
most of us on here bought in the 4-4.50 dollar range so pretty bad. Had to sell once it hit 1.82 I could not afford to loose more (forced to starting paying mom rent) and now it seems to be going back up?

>>17757966
You really don't want to have puts on a company that goes bankrupt, if they're delisted your puts are worthless.

>>17758072
mutts are clearly immune to it europoor

Can anyone explain dividends to me? You get a return based on the amount of shares you are holding right? So would be it be advisable to be buying these big name stocks while they go really cheap? How do you recieve the dividends though? Is it deposited into your portfolio as cash?

So if I had 20 shares of a company that pays .42 dividend does that mean I would recieve 20x.42= 8.40 in cash?

Thanks in advanced for anyone willing to explain.
Yes, I am a newfag in /biz/

My current goal is to put 10% of my monthly earnings into stocks, which is around $450.

FUTURES ARE DOWN
DAB DAB DAB DAB

>>17758067

Jesus!

>>17758102
That's interesting considering PG&E is bankrupt fight fucking now

>>17758071
This chart is over 10 years old...
You have no idea how fall we will or won’t fall.

I simultaneously want to sell some shit and buy more JNJ.

>>17758060
bruv the dow is still 8K above 2008 we can go so much lower tho

>>17758045
no but here's another fitting one

>>17757787
No happy anime chan can save us OP, so sing with me one last time in the ride to end all rides, Ahem.
ONE NOTHING WRONG WITH ME

strap in bullchads, we're riding this market to mars

/pol/ knew about this crash before /biz/
fucking pathetic

>>17757830
46% and I hope youre one of them

>>17758160
You were supposed to sell and wait things out.

Anyone else erect from the thought off a sexy anime girl cucking your portfolio? Corona-chan is my goddess.

reminder not to buy anything and definitely don't take advice from people here
/biz/ is wrong every single time there's a crisis
see: early 2018 crypto market crash

What are some comfy movies to watch while the market crashes?

I'll probably watch Margin Call again tomorrow.

Oh my god, those poor bastards holding Bitcoin...

>>17758104
keep dreaming
you'll be dying like flies in no time

160p SPY 3/20. Is this too risky or is it realistic the market shits the bed that badly?

>>17757946
are you retarded?

>>17758174
and then crypto lost 30% in one day

>>17758214
You are the one to talk. Your losses the past two days make shitcoins look like bonds

>>17758214
Save my SNSS bro

>>17758206
>reminder not to buy anything
>definitely don't take advice from people here
So what should I buy?

>>17758224
we'll be dying like swines at a slaughterhouse actually

>>17758212
watched The Big Short yesterday

>>17757966
Disneys about to take a huge shit anon

>>17758071
An entire year passed before that bottom was reached

>>17758174

Pretty mad I stopped paying attention after the first big weekend in January where everyone was making happening threads and talking about buying shares of mask manufacturing companies.

>>17758192
I sold after february crazy, but looks like a great depression, even outside the market the impact will be huge, just look at asia, im here to see history.

https://business.financialpost.com/pmn/business-pmn/eli-lilly-abcellera-biologics-to-co-develop-coronavirus-therapies-2

Any chance Eli Lilly pumps from working on corona? The govt should really be throwing money at Pharma and healthcare and easing testing requirements under some emergency protocol, some shit like that.

>>17758135
Which chapter?

>>17758256
My bonds (bnd) dropped 6% today
It was hard

>>17758096
Wait. Tomorrows close is going to be a bloodbath. See what happens Monday.

Expert Knife Catcher. I caught $600 woth of falling knives today. How did I do /biz ?

>>17758174
yea and the Fed pumping in trillions wont inflate it back up to 30k

I bring to you today's reading on the market

Zhen Zhen

Taking Action

Zhen (Thunder) above Zhen (Thunder)

Sequence of the Gua: For taking charge of a sacrificial vessel, no one is more suitable than the eldest son. Thus, after Establishing the New, Taking Action follows.

The upper part of the ideograph is the rain falling form Heaven. The lower part of the ideograph is the character Chen. Chen was related to the third solar term, called the Waking of Insects, which takes place on the sixth day of the third month of the Chinese lunar calendar (March 27). During this period, thunder roars. The thunder proclaims that spring is arriving. All hibernating insects and animals awaken and tiny sprouts emerge.

Decision:

Taking Action
Prosperous and smooth
Thunder comes- alarm! Alarm!
Laughing and talking-ha, ha!
Thunder shocks in the distance
The sacrificial spoon and chalice do not fall

The moving line for this reading is the Second Six
Thunder comes
Adversity
Greatly losing treasure.
Climbing over nine hills,
Do not pursue
Seven days: regained.

no one should be encouraging ANYONE who doesnt even know their fucking greeks to trade options
period
thats literally WSB tier
on the /smg/

let alone telling them to go trade long options in the most volatile market weve seen in a decade
with the VIX at fucking 75
youre ENSURING that they get IV crushed
i get that people like being helpful, but what you are doing is NOT helping them. its giving them a loaded gun and placing it in their mouths, then showing them where the trigger is

give a man a fish/teach a man to fish
if they cannot read and take the time to learn for themselves, then they cannot trade options
end of fucking story

if you want to unironically help, and not just give a snarky response, then redirect them to the OP
its there for a reason

>>17758294
only Wall St gets money.

T. PPT gang member

Average P/E for DIS since 2006

>Dow futures just shit themselves down to -2%

>>17758096
>>17758303
BUY SQQQ or TVIX US is definitely shitting the bed for a while as cases increase.

>>17758212
Enron: The Smartest Guys in the Room
PBS documentary on credit default swaps

>>17758214
imagine having the nerve to show your pathetic trip around here

Are cruise markets the stocks to go to right now? I'm looking at Royal Caribbean.

europoors will be coughing their lungs out while I eat the finest soul food in the american bull market

>>17758268
won't be that effective, you'll see obese and diabetics being locked into their houses to die
old people having seizures in hopsital hallways
people of all ages suffocating on mucus because oxygen and tubes are in short supply.
It will be a display of misery the US has not witnessed since the Civil War days.

>>17758333

We get it, you like being the smartest one in the room.

>>17758333
tl;dr buy SQQQ and SPXU calls

>>17758350
Asian markets are mired in JUSTville, no surprise there.
also I hope to hell FTSE is not actually down 10% in futures

>>17758347
you just fucking wait until tomorrow bud.

>>17758333
what price did you buy link at mine was at 4.25 and 4.08

>>17758075
Look at the futures right now and make an informed decision

>>17758214
Lmfao, look the felon retard

>>17758347
It will likely overcorrect to the downside, most are probably assuming espn and the parks are already fucked, should be somewhat priced in.

>>17758390
I can't wait to buy more cheapies. It barely dropped in after market after the announcement, it seems most priced in, but I hope it isn't I would love to add to my DIS stack.

Will the stocks stay low for a long time?
I am broke this month but wanna start investing small scale by the end of next month to check out if it's something I understand.

>>17758137
>>17758282

We are on an accelerted timeline this go around. Prepare your anus.

>>17758333
I remember losing my first $500 options trading to IV crush. I won't be forgetting that shit ever again lmao.

Honestly so many newfags are going to get burned when volatility drops off, it's going to be really sad actually, but it's a lesson they have to learn.

>>17758333
I was the one who asked about puts in the last thread. I fully agree with this. I have been in the market for years and just ignored puts completely because I was never experienced enough to really grasp them and make money. I was just asking to get a better explanation. I had read the definition and fine print a few times years ago and never really grasped it well. A simple explanation from anon here cleared it. Still way too risky for normie investors. Just wanted to be better informed.

>>17758333
That's why you look for options with low IV

>>17758424
wait 4-6 weeks until the corona virus hits its peak then buy in

>>17758368
cruise lines will be one of that last transportation companies to recover. I think Carnival made like 5 new boats in the last few ears at $1billion each.

Better off with airlines. They will recover faster. However their earnings are going to be fucked for the next few quarters

>>17757787
JUST

>>17758270
>tfw no paranoid crazy millionaire friend who will loan and help me short everything
Those two guys are so lucky.

>>17758365
>Enron: The Smartest Guys in the Room
Amazing movie.

>>17758426
Why would I need to prepare my anus if you are saying this is nearly the bottom?

I wonder how low BABA can go before it hits the bottom.

>>17758472
Is shit really gonna drop more than that?
This seems pretty severe already lol

>>17758067
NOOOOOOOO

>>17758333
I have 100k in options and idk what I'm doing halp

>>17758333
I saw an IRL friend's friend bragging about how much money he made on gamestop calls today. The guy didn't realize some idiot in the order book placed an ask for 90 dollars, but there were literally no bidders and 0 volume. He thought he hit the lotto. It's sort of absurd how he didn't even check the underlying security of the derivative. People are insane.

>>17758532
I thought Alibaba would actually do alright in this with all their food delivery inside china during lockdowns and shit, guess it wasnt enough

>>17758533
when mutts are dying in the street you're going to see what the real bottom looks like

>>17757787
Is this accurate?

>>17758227
You can sell it before it gets to 160 you know

>>17757787
next thread theme
>how becoming a bear can affect your diet

>>17758365
>>17758507
More shit like these please!
I know some of you have a bunch of youtube favorites on 2008 and other disasters and traders!

>>17758426
So... v-shaped recovery in june, just in time for trump to swing the re-election. Interesting theory.

>>17757787
Hey, newbie here (pol user from the last raid) thanks friend

>>17758532
I'm struggling to comprehend how anyone can think BABA is honestly, soberly valued under 200. The fear is so fucking insane, I have literally never seen this before, it's worse than '08 for sure.

Black friday back in the menu without a doubt now edition.
Futures-2% and falling.
Asia -9%
Dont get greedy tomorrow and avoid risky moves.

>futures down
>SQQQ/SRTY up
>all my money is in them

I'm so mad I didn't sell.

tomorrow is going to be FUCKING BIBLICAL

Bloomberg News:
>tell us something good, we need some good news
>...
>call spreads are cheap?
RIP market

>>17758126
Allow me to kinda explain: I'll use T as an example. Right now a single T share forks out 2.08 a year (0.52 x 4). The price of a single share is $32 -33 now. So you buy 20 shares. Your out $660 assuming you paid 33 a share for the lot. You'd get 41.6 a year in Divvy income. The key is drip. The 52 w high of T was 38 - 39. So 41.6 / 39. You'd get 1.06 more shares this year. Next year you'd have 21.06 shares all paying out 2.08 a year per share. (assuming no divvy hikes). Also the lower the stock price at Divvy payout time is, the more share you get for your money. So enjoy this dip. Your divvy payouts will earn you more.

>>17758629
How bad is it gonna be?

>>17758602
Something about the virus being able to live on paper/cardboard for almost a day, plastic/metal for even longer?
Idk. I guess because they’re Hong Kong listed China can’t ban short selling.

>>17758507
Those two guys apparently grew their fund from a 200k to 30mil prior to

>>17758629
Can't wait. How low before people start jumping out of windows at the NYSE?

>>17758577
Yes, it will be very fast and strong, soon quarantines in US, things will get way worse.

>>17758523

Another 20% to go before bottom.

>>17758620
I'm so mad I sold my SQQQ

>>17758629
dow futures -500
another 600 more and below 20k ;)

>>17757787
Is it over?

>>17758577
Honestly makes you realize how lucky those fucks were in '08. They had 250 trading days after the ATH to sell before it really crashed off, we had like, what, 4 days?

>>17758577
The '08 peak to valley was about -57%. So yeah. Chart is accurate. However, note in the chart this drop off is a lot faster than '08 and I expect it to play out more quickly than that crash did. Speed wise we're running closer to 1987 than '08 here.

>>17758577
Wow so it took us 2 weeks where it took 250 days for the first 30%
“You millennials have it so easy! Just pick yourselves up by your boot straps”

>>17758374
>>17758379
>>17758391
you made your bed
and now youre gonna lay in it
enjoy WSB with (you)s instead of upvotes

>>17758455
listen m8
desu i didnt mean to bite your head off
but since mods made that fucking sticky on monday weve been inundated
nothin personnel

theres a book in the OP pasta thats called options, futures and derivatives by john hull
it used to be there, and if its not anymore, here:
https://libgen.is/book/index.php?md5=451DBACA4B5ABC99B6F13E2CF32FBF25

>>17758471
>That's why you look for options with low IV
>with VIX at 75
ok retard

>>17758451
>but it's a lesson they have to learn
hopefully one they learn of by reading

>>17758663
I sold at 19...

Any chance we're getting another ded cat bounce after these huge sell offs?

>>17758647
3rd and 4th circuit breakers of the week

>>17758351
Have some SQQQ....have a hunch TQQQ might see teens/single digits by end of month....if it does I'm going to throw a huge wad of cash and just hold it.

>>17758582
Oh yeah I'm just worried about it bouncing back up

>>17758572
China's stock market in general seems weird. Very flat and never recovered to 2007 highs. It just doesn't seem to be an indicator to for how well their economy is doing at all.

>>17758647
Enough to make some people really start losing it.

Still waiting for an answer from someone who isn't a shill who'll just answer "because he's stupid".

Even if we made falvor flave Pres, he would have addressed the nation tn after the worst day in decades.

Does he have it or what?

>>17758663
Sold mine for like $200 profit a week ago, what a waste.

>>17758387
It is

>>17758416
I disagree Disney for the most part has been following market trends. It hasn't had a proper fucking yet. But it just closed the doors I'm expecting it to hit low 60s maybe even 50s.

>food prices are steadily going up on amazon
i just wanted my bush's baked beans on the cheap

>>17758651
What do you mean grew their fund? Did they just get more funds to manage from other investors?

>>17758620
Me too bro... and even a little mad about the things I did sell.

>>17757893
>Which isn't guaranteed fatal if you get it, chimp. I've had pneumonia. I just had to take antibiotiocs and really good cough syrup with codeine.
The fatality rate of this thing is obviously less than 100%
>>17757786
>>confirmed cases
>And nobody even goes to the hospital to get "confirmed" if they don't get pneumonia for fucks sake. The entire methodology is flawed.
You know that countries around the world are counting mild and asymptomatic cases too through contact tracing?

>>17758600
>More shit like these please
Inside Job (really funny desu)
Too Big to Fail (I haven't watched this one)

https://letterboxd.com/film/inside-job-2010/

>>17758669
Doesn't appear to be. Ask on a bounce day and I'll be able to give a better answer. The answer will probably be no, by the by.

>>17758577
So when were people starting to go crazy? Did people feel like it was going to recover between day 100 and day 150?

>>17758702
>hopefully one they learn of by reading
You really can't comprehend how bad IV crush can be without experiencing it first hand IMO, you always tell yourself the delta will overcome it but the sheer speed that volatility can drop will really catch you off guard and by the time your strike approaches theta has eaten all your gains away.

Post gains.

This is now a discount thread. Post companies you think are seriously undervalued now because of the fear like >>17758532.

>>17758707
Holy shit

>>17758735
Oof. That’ll hit my ira for another $50. Thats $50 I could be putting towards more JNJ...

Imagine being a Japanese day trader right now.

>>17758651
Good for them but the only reason they are able to lock the short is because of the crazy ex-banker helps them. At least that's what it shows in the movie. I don't know much about them.

I want to take my gamble with a cruise line company after this free fall is over. Should I buy NCHL or RCL or CCL?

>>17758793
It's not like the suicide rate needs help

What exactly happened earlier today with Cramer?
A previous thread made it sound like Trump called in as a random caller on Mad Money

If markets are red tomorrow I'm going all in. The problem is I'm a government employee so you can't make instant trades. You gotta put your order in at lunch and it executes at the end of the day. So if it's -6% at lunch and I buy in it might end up rallying at the close.

>>17758720
Pretty sure flave doesnt have beer flu so I choose him

>>17758645
Thanks. That does help me understand some things better. Do people ever spend dividend pays to purchase other stocks to diversify? Or is it generally better to re-invest dividends into the stocks you got them from?

>>17758783
Blackberry is so cheap right now it's crazy. You could go all-in on that and just coast until you're a millionaire in 10 years.

The 1300 was complete profit I got from shorting the SPX500

NOW the profit is making me profit.

After losing 40k on crypto, this is a nice morsal

>>17758804
>>17758804
White House called him indeed

>>17758731
fucking how?
DAX is only down -1%, nikkei been at -10% in regular hours

What is a non shit tier trading app. Dropped meme-tier robinhood about 4 months ago when I sold out.
Fidelity and td ameritrade are on my mind. Any suggestions?

How likely is it this guy "falls down a flight of stairs"/etc in the next month?

Word on Al Jazeera English is that the prince he arrested was chummy with MI6 and the CIA, while his security minister friend also arrested was extremely friendly.

He's bungled yemmen, blockaded qatar, killed a journo, and now he's threatening US energy independence.

Why are people selling? Unless your hard up for money won't these cheap ass prices only help you if you got Divvy stocks? Cause the lower the price is the more share you get per payout right.

>>17758782
bruv can you unironically lend me like 20K for this crash plox. I only have 6K in savings and I've only been able to make like 1K so far

>>17758812
Buddy whatever rally happens EOD tomorrow won't make up for the 3 weeks of pure red we've seen so far, don't worry about it.

>>17758782
Not shorting (yet). The initial bounce didn't last long enough for me to get a good high probability entry. I would have had to wing it on fundamental assumptions and that isn't how I trade because i've lost more money than gained doing that exact same thing in the past. Waiting in cash for an entry I like, long or short don't matter.

>>17758772
I was only 20 at the time but to me it never felt like a REAL crisis, like you'd just hear boomers complain but there wasnt as much panic if you werent in the process of buying property or whatever, and stocks went down so gradually that it gave people a lot of time to sell without having lost much and so on.

This time around it feels way more like a doomsday where half the people are saying 10% of the world will die and your stocks might lose 20% value in a day and so on. it definitely feels like a true crisis. 2008 was a bit of a meme in comparison, to me at least.

>>17758804
I don’t think it was mad money, it might’ve been their daytime show.

Here’s what I do know:
In his morning Facebook live/youtube show, he was talking to kat and checked his phone and abruptly said I gotta take this then left. It’s on The Street’s youtube account.

>>17758174
i know that guy and he visits /biz/ as well

>>17758075
Most likely. It's gonna be red for the short term, unless a working, reliable vaccine is announced. (Don't hold your breath, that shit takes months if not years to test)
Bears suck. We're in one. Bear markets on average last 14 months, market corrections 5. We're in red until late Q3, Q4 earliest, depending on how the elections go. (Biden = people fleeing market, he's not business friendly. Trump win...we'll see.)
Not gonna sugar coat it. 2020 is gonna suck, hard. The bomb went off, and it's not over yet.

>>17758804
He took a call off screen and implied that he talked directly with Trump or at least someone high up in the White House with knowledge of what they are discussing.

>>17758862
This guy. is

>>17758865
What are some good divvie stocks to invest in?

>>17758126

Dividends are voluntary payments that companies announce based upon decisions by their board of directors. They are not guaranteed by amount or time. They can decide to do a dollar per share, a penny per share, or say fuck you and give you nothing.

They are deposited into your account dependent on your settings. For virtually all brokerage houses you can choose to have them pay in cash, or to automatically reinvest. However some shit-tier stocks won't allow you to reinvest due to the market being too thin or other factors.

And yes, a dividend of .42 cents means you get that many cents per share that you own by the ex date. The ex date is when they "cancel" who is entitled to the dividend. The ex date is generally 2 days before the record date, and the payment date can be whenever the fuck they want it to be.

>My current goal is to put 10% of my monthly earnings into stocks, which is around $450.

You're better off indexing.

>>17758782
what's your secret anon please I'm so poor

>>17758862
Are you trying to reference MBS or something?

>>17758802
>leisure activity
They will take a while to recover. Airlines will come back quicker

>>17758333
>don't trade options in the highest volatility ever
>this protects the goyim

Just kill yourself you kike

>>17758833
blackberry is obsolete. they're like motorola if they hadn't re-released the Razr.
not blue chip, not gonna make it.

>Dad just knocked on my door to tell me his coworker's brother has corona
>Coworker in close proximity to brother
>Dad in close proximity to coworker
It's over isn't it?

>>17758736
I'm waiting Yum to crash hard, but it hasn't happened yet. Why is that thing so over valued? I might have to go with KO after all.

>>17758850

I downloaded Webull as an alternative to Robinhood in the event of further crashes, and because I was rejected for options trading on Fidelity. It's actually a really solid app with a lot of valuable information. Live quotes, live volume tracker, good charts, the works.

>>17758862
While Trump is president MBS has free reign

>>17758706
God I hope so

>>17758802
CCL. Buy it at ~$12

>>17758901

RYDAF

korea and the flips just hit breakers

>>17758802


CCL. Bought today, 30% drop lmfao. They have great EPS growth and their P/E is toooo low.

>>17758866
Just put it all on SPY July 17th puts at 200. Guaranteed to make triple. I bought them today and I'm already 30% up.

>>17758827
It's a personal choice. Some do, some don't. Also if you add to your position each month/year, that combined with drip will really pay off big time. Funds also do the divvy/drip reinvestment option as well.

>>17758647
the premarkets are ramping up by the minute everybody's cashing the fuck out

>20 year low due to the crash
>good dividends
is bp a good buy

>>17758923
They shifted into IoT and they're getting plenty of contracts.

>>17758913
Yes

>>17758924
It'll be alright, anon.

>>17758780
still
VIX at 75 means credit spreads, or basically nothing at all
which almost immediately precludes anyone other than someone w lv3 options positions allowed
anyone who reads will know this and then we wont have a gorillion WSB tier RH -99.99% RoI pics being posted
that kind of shit feeds upon itself

with crypto finally realizing that its on its way to the long awaited goose egg, this effect will compound
i like this thread and the people in it
i dont want that for any of them

>>17758916
GG nu/pol/
no re

>>17758880
Same here.

I think, besides stocks, the real “crises” were people losing their jobs and not being able to find new ones, and losing their homes in foreclosures, and looking around and realizing all their neighbors were also losing their homes and jobs.

FUCK!!

SHOULD'VE HELD MY PUTS LONGER!!! FFFUUCCKKK!!!

>>17758909
SPY puts, VIX calls (though VIX might be capped out now).

Here's all my current positions.

>>17758600
>More shit like these please
The Last Days of Lehman Brothers 2009
The Flaw 2011
Money for Nothing: Inside the Federal Reserve 2013
Debtocracy 2011 (Greek crisis)
Hank: 5 Years from the Brink 2013
Panic: The Untold Story of the 2008 Financial Crisis 2018

>https://stockarmor.com/permanent-portfolio/

should only be 25% in stocks. stop losing money

>>17758736
Seriously?
I wonder if Tyson is cheap enough...

>>17758735
Disney is down 34% in the past month vs the SPY's 26%

>>17758663
Nikkei and ASX are down Yuge again
China Taiwan and what have you aren't doing that great either.

The Fed Pump got priced in, and now we have to deal with closures.

Disney is closing everything, Airlines are still going to be hurting, even tech is down. I doubt there is another dead cat bounce tomorrow.

>>17758906
Thanks for the information.

>>17758862
>How likely is it this guy "falls down a flight of stairs"/etc in the next month?
almost certainly
you ever heard the quote "never let a good crisis go to waste"?

AAAAAAAAAAAAAAAAAAAAAAAAAAA

>dont worry anon it wont go under 3000
>dont worry anon it wont go under 2500

>>17758923
They're doing OK with IT security now. I may actually grab a bag.

>>17758924
dont leave your bedroom, anon. Tell your parents you are self isolating- for . .. .reason.

>>17758600
Rogue Trader

>>17758930

Why would he tank the economy when he knows he wont be pres if he does, and then two candidates who say they'll rip him apart will be?

>>17758961
But their boats are literally sitting at the docks at the moment. Empty. It will take some time to get back to normal, and I mean these guys spent shit ton of money on some new boats just some time ago.

>>17758880
>your stocks might lose 20% value in a day
Well my portfolio lost 10% today so it's not even doomsday it's fucking real and it's bad.

>>17758975
Putin has his back. We’re too distracted by the mismanagement of the natural disaster from this virus. Those two have their boots on our neck and they might get away with it.

>>17758880
It's likely more people that care this time because with the virus it's not just a financial thing.
Like you say, there was a lot of people that didn't feel much of the 2007-2008 crash. Especially children and young adults who study. But at the same time it was also hugely impactful for a large number of people, many losing job and also the housing crisis.

>>17758174
Most of the media has been squawking about a recession/correction for years now, and it's here. Now everyone is "HOW CAN THIS HAPPEN?" - which happens every time.
Experts on the way up, dumbfounded clowns on the way down. Every time.
The market was way oversold. This wiped that out, and then some. The recovery will be solid, unlike the fake recoveries since 2008. Now is the time to pull the trigger at the Fed level to fix some issues, like refi-ing the national debt, etc, so we'll see what they do. The market injections are throwing money away, the kicking the can down the road has come home to roost, but it's all they know now.
Exciting times, fellas. We come out of this stronger, or we sink. I'm okay for the next year, I think. I have reserves, and as long as I'm employed, I'm okay.

Are bonds going to get clobbered too? Is nowhere safe? Is the money market going to break? AHHHHHHHHHHHHHHHHHHHH

>>17758881
>>17758894
Imagine if it was literally 'Okay we've got Donald on the line, Donald what's happening?'
"[coughing] Boo yeah mister jimmy chill, this is Donald J Trump president of the united states of america."

>>17759014
If you're losing money on stocks right now, you're a literal retard. At best a 401k boomer who shouldn't even care.

>>17758067
did it really plummet to $0.01?

>>17758924
Are you young and healthy? Youll be alright man.

>>17758365
I live that movie. There's a quote right at the beginning I always remember:
>"What we didn't know is that the house of cards had been built over a pool of gasoline"

>>17758259
Food and shelter. The market is fucked for at least 6 months, unless you have cash you can lose and it won't impact your life, then I would go elsewhere and learn how to bet on red.

>>17759075
We're in a toilet paper economy now.

>>17758818

>>17758971
Oh lord, gonna be people jumping out of windows soon.

>>17758896
he looks like a filthy street bum. disgusting face, made even uglier with that ragged beard.

FUCK YOU SNSS ANON

WHY IS IT EVERYTIME SOMEONE ASKS YOU FOR HELP YOU IGNORE THEM

>>17758804
This

Trump is gonna seethe hard tomorrow when DOJ goes under his inauguration day numbers.

>>17758712
I don't think it will mate

>>17759076
Ahahahaha damn I can see it happening too, just like trump calling into his fax tv shows. He’s done it to squawk before... they had to bump him because he just kept rambling. It took Like 45 minutes before they could get rid of him.

>>17759133
He's such a stupid fucking nigger, even dumber than Obama, I still can't believe he did another fucking travel ban.

FUTURE

>>17758710
Yeah, not expecting it to hit it's lowest for a month or two. It's crazy beginning of this week half my account was in TQQQ and I was down 30% overall, switched on Wednesday to being in SQQQ and TVIX and I'm up 50% overall

>>17759133
>if only you knew how bad things really were

Highly recommended viewing. This documentary explained why this crash was inevitable all the way back in 2013.. Full video is on youtube

https://youtu.be/maC7phpUVno

>>17758600
I've heard people talking U vs V recovery, but I'm holding back that level of optimism.

>>17758983
>>17759089
What if my balls and kidneys get fucked up from long term effects?
>>17759044
I do that anyways on my days off but i wage in retail and gotta make Mr. Target his money

>>17758067
Wasnt it like $4 not to long ago? Btc also hit likr $5700

>>17759072
Yeah exactly, it was a regular run of the mill crisis, and you were fucked if you got hit but otherwise nothing much was happening. You went on with life normally, for the most part.

Now its a huge financial hit, quarantines, people will be losing jobs all the same as they cant go to work and the companies cant afford to pay them, travel bans, banning all gatherings, etc. Its like a perfect storm of a crisis.

Plus, another factor that shouldnt be taken lightly, tthis is the first big crisis in the age of widespread access to instant stock trading and so on. People can sell and buy stocks within 10 seconds without having to call a broker and so on for the first time in history. I dont think any patterns we ever saw before for how long a crash will be or how fast will serve us this time.

Trudeaus wife tests positive. Prayers for Justin lmao.

>2008 didn't feel like the end of the world, people who sold were just dumb
>2020 on the other hand
:eyeroll:

>>17759202
He has no idea. Nigga is clueless
I’m about to watch warren on mad money and I hope she doesn’t make more sense than him.

>>17759133
I imagine they might suspend the election if this corona shit gets bad enough. Boomers are gonna be keeling over like flies. Thats like 80% of his base.

>>17759223
GET FUCKED TRUDY YOU FUCKING SON OF A COMMUNIST WHORE AND FIDEL CASTRO, TRANNY INDIAN LOVING FUCK

t. canada

>>17759223
Trudeau was pozzy before the chinky flu

>>17759163
uh hello, based department?

Asia Circuit break
Futures down
What cam Trump realistically do to save US market from a -15% tomorrow?

>>17759223
THE MARKETS OH MY GOD

IMAGINE IF DRUMPF GETS IT

>>17759223
Better test their dog too then

>>17758688
Some pretty fundamental differences between '08 and now, correlating them seems pointless.

>>17759223
OH NONONONONO
WHY DIDNT I SHORT CANADA
NO WONDER THEIR DOLLAR IS GETTING CRUSHED

>>17759073
It's so funny that there are fringe YouTuber guys who called this crash ahead of time by months

Don't worry guys. Some boomer said it's going to be okay.

>>17758663
I sold at 26 after scooping the 22. I thought I was mister big time hot shot stock trader. I’m so fucking stupid.

>>17759223
There goes another 30% off my fucking leaf stocks god FUCKING DAMN IT.

>>17759275
>correlating them seems pointless
Correct. Different factors, different problems.

>>17759211

>>17759266
>if

>>17758793
Don't most of them trade on Forex though since the Nikkei never recovered fully since the 90's?

>>17759223
Vassy has some nice milkers on her. Shame bout the teeth

>>17759216
Honestly, if you're young and not immunocompromised, you will probably be fine if you get sick.

However, I have heard that you can catch it again and its worse the 2nd time. Don't know if this is true, so don't quote me on it.

>>17759223
thank fuck
the silver lining for this whole scenario is if every single world govt gets fucking pozzed
Iran, UK, FUCKING LEAFS

rolling for pence and trump next

>>17759286
Lmao
Always remember posts like these. Everyone here is a fucking moron until proven otherwise

>>17759223
Here we fucking go

>>17759223
reminder that trump is an asymptomatic carrier

>>17759304
I HAVE TSX SHORTS MOTHERFUCKERS I'M BALLS DEEP IN HXD EAT MY ASS TRUDY CASTRO

>>17759280

Most of the guys I watch were posting hard economic data showing a really fucking weak economy that the mainstream meteor were afraid to touch.

Why in the fuck were there record auto loan defaults in a "strong economy?"

>>17759211
Haven't seen that one. Will watch this evening.

>>17759304
>he bought stocks from FUCKING LEAFS
OH NO NO NO

>>17759073
The weirdest and most deeply troubling thing about this is that /biz/ happened to actually be right BEFORE the crash happened.
And I don't just mean because every time someone shouts "buy" someone else shouts "sell", nor do I mean the posters that pretend to be both bulls or bears purely so they engage in the meme image exchange market that is /biz

>>17759286
I'm so glad I saved some of these

>>17759223
He should do blackface again

>>17759332
damn
fast bread

>>17759211
I love these financial investigative docus even tho I don't have a clue about 90% of what theyres talking about but I feel smart when I watch them.

Will we ever recover to the ATH or are all those profits lost to me forever

>>17759133
We're still a long way from that, anon, but its definitely going to happen soon and it will be glorious.

>>17759330
>causes inflammation of the kidneys and testes
We have no idea

BRING ME TRUMP'S HEAD

Bitcoin is literally eating through major and important support like a hot knife through butter. Hopefully the morons that think this shit has any true value will just walk away so we don't have to hear garbage related to it, like "the halvening".

Can a put gain value if it's OTM and the current price moves towards the strike price?

>>17759286
This one is a keeper

>>17759357
Like who like who?!?

>>17759223
>Dow futures fall back below -2%
fuuuuuuck

>>17759289
Same bro.

>>17759340
>asymptomatic
>could barely hold back his coughs yesterday
I dunno about that.

>>17759425
>will people pay more for my gamble if odds improve
think it through yourself fag

That's it, I'm fucking selling tomorrow, none of you can stop me.

I don't give a single fuck, I'll reinvest the cash when we hit bottom, but I'm done, I'm eating the loss and leaving the market.

I

AM

DONE

YOU WIN, YOU WIN BEARS, YOU FUCKING WIN

>>17759223
Gets what he deserves
https://www.cbc.ca/news/politics/coronavirus-canada-trudeau-february-1-1.5448834

>>17759216
Oh shit how is target these days?
Do you have to have contact with customers...?
Do they provide masks?

>>17759286
Fucking retard, hope he kills himself

>>17759425

Yes, but it can also lose value if volatility decreases in the process, or if it moves toward the strike price too slowly to beat theta (daily decay).

The price is a function of more than just proximity to the strike. This is where "the greeks" come in.

>>17758987
Layoffs are coming. This is too fast for companies to start downsizing. But it's coming. You can bet your ass on that.

when has a soijack ever been proven right?

>>17759223
This is it. I'm going all in SPXS on the opening. Godspeed bros.

>>17759455
if you hadn't waited you'd have lost less

>>17759455
>he SOLD DURING THE DIP
>not BEFORE

>>17758804
>>17758894
He got a call from Steve "The Nuch" Mnuchin

>>17759455
>If you wanna gamble more recoup all your losses by using puts or putting money in inverses before it's too late

>>17759426
>uncovered
They were spreads, that’s covered isn’t it?

I took profits too early but meh, profit is profit.

>>17759486
only if these levels are maintained for for a quarter or two.

>>17759383
You mean how long would you have to HODL to break even?
Based on the events of 2008, it took about 7 years or so

>>17759537
>if these levels are maintained

>>17759486
That’s literally why we’re crashing and why people are saying depression.

But that post is describing what the 2008 crisis was like. Wasn’t it like that?

Tell me what to buy to make big in the morning

LUMP TRUMP THE PLUMP CHUMP IN THE DUMP

>>17759455
Right now just fucking wait dude. There will be a dead cat bounce in the coming days, likely mon/tue. Selling right now is probably the worst thing you can do, the market will open red.

Wait a bit and at least get back 10% from the bounce and then you can sell having lost a bit less.

will futs hit the breakers again tonight?

>>17759557
Dis calls

>>17758984
Just look at options in stocks with relatively low volatility. It's not fucking hard just do a little research

>>17759500
>he's on the air?
>connect me though Steven's office

>>17759455
This was a slow motion trainwreck you had fucking ages to act on, so take a big bite of that shit sandwich and ask for seconds.

>>17759500
OH SHIT
I WAS WATCHING THAT I DIDNT KNOW YOU COULD SEE THE PHONE
AHAHAHAHAA
WOULDVE THOUGHT IT WAS KUDLOW

goddamn. So are they threatening his family if Cramer goes full 2008?

>>17759562
There's a strong chance of market makers getting margin called this Friday. I would not hold anything at the end of the day, but that's just me.

>>17759594
It’s not on the air, it’s a Facebooklive/twitter/youtube. Steve probably wasn’t aware, the audience probably isn’t that big.

NEW NEW NEW

>>17759640

>>17759640

>>17759640

>>17759640

>>17759640

Futures were also around -3% last night this time? How likely is tomorrow to be another -5%+ day?

ayy futures red, but they aren't as blood red as I feel like they should be. I think we're gonna open red tomorrow, but end up being green tomorrow boys. Definitely buying puts for the weekend tho.

Admit it. You supported Trump in 2015-16.

>>17757787
So that $1.5 trillion they pumped in did basically nothing?

>>17759674
Of course I did and will vote for him again this year.

>>17759280
A broken clock, etc, etc. I was tentatively hopeful that we'd broken the cycle, because there was solid non-market growth in the economy and jobs, but that's all wiped out now.

>>17759500
>Steven Mnuchin
>United States Secretary of the Treasury
>Cramer got a call, live on air, by the Secretary of the Treasury
SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL

>>17759545
Breakeven for me is basically 2008-level, I'm asking about strictly gain at ATH

>>17759669
>Definitely buying puts for the weekend tho

So far every friday has ended red and mondays have started green, with a bunch of people regretting having held puts over the weekend. I wouldnt do that tbqh

>>17759669
>he says as we start hitting -600
lol
when will bullfags learn?

>>17759121
Hes gonna be king you peasant bitch

>>17759674
>>17759674
How could we have known that our leaders needed to be able to make good decisions in a crisis and listen to experts?

Besides, I voted Gary Johnson!

>>17759517
>They were spreads, that’s covered isn’t it?
yes, of course
this is why im so gung-ho abut getting subhumans to read books
he still got got for more than he put in, but hes not nuked unless he was being absolutely retarded

>>17759583
>stocks with relatively low volatility
lol

>>17759724
that's definitely wrong, this monday was blood red at open

>>17759669
>ayy futures red, but they aren't as blood red as I feel like they should be

lmao bruh the Fed promised 1.5 trillion in liquidity and futures are still down over 2% for major indices

>Trump was part of the "it's a just a flu" nothingburger crowd
>Ivanka/Jared finally convinced him to give a public address from the oval office
>he looks visibly bored and tired
>spends most of the time worried about a pen mark on his white shirt
>keeps asking if the pen mark can be seen on camera
>his speech doesn't even specify any new measures, stimulus, or solutions, just a travel ban on EU
>he will allow UK travel even though UK has a ton of cases too
>speech is read off a fucking teleprompter without any energy or passion
>he even says banks are well capitalized
>stanky stocks dive even further
>emergency 1.5 TRILLION cash inject announced
>this contradicts what he just said the night before about banks being well-capitalized
>part of the 1.5 trillion only pumps stawks for 20 minutes
>Dow closes at -9.99%, futures red again right now

>>17759717
It’s not on tv fag
Did you not know who Mnuchin was?

>>17759429
it is in your food

>>17759674
I didnt vote lol

>>17759669

There is only one way this ends without being 1929, and thats the spooks putting the screws on MBS to end his temper tantrum.

Russia has been/is open to talks, its one man who's keeping the drop going at this rate in a global dick swing contest. If he doesn't cave tmrw, I'd expect a coup by Monday.

>>17759420
Why are you even paying attention to bitcoin? It has no connection or function in what's happening. Most of it is probably chinese and poos cashing out because they need money for food, and some whales getting the fuck out of dodge. On a list of things to give a single fuck about right now, Bitcoin isn't even on it.

>>17759357
I was following people calling for panic over the repo market.. George Gammon and Gregory Mannario

>>17759797
>all videos must be tv
Boomer logic

How To Options For Retards

-buy shares of a company that you like in multiples of 100
-sell Call options at a price you’d be willing to sell your stock at, 1 contract per 100 shares
-repeat every week and collect your welfare premium

You literally can’t lose money. The only “loss” is the loss of potential profit you may get if the option goes in the money.

>>17759792
>he will allow UK travel even though UK has a ton of cases too
The best part is like an hour after saying that Boris Johnson came out and said that the UK actually has between 5000 and 10000 cases instead of the 500 they had tested so far, which puts the UK far ahead in infections than most of the EU, and it has the most deaths after Italy.

Also, London Heathrow is a major hub for europeans to travel to the US anyway, so its not like banning most other countries even matters if euros will just travel FROM London either way.

>>17759819
Maybe the house of cards needs to fall.

>>17759580
this

>>17759382
Best to pause and Google terms you don't understand

>>17759553
'08 has fuck all to do with what's going on right now. Stop worrying about '08. Nobody knows what's happening next. We're in brand new territory right now. The next couple of weeks is the biggest, scariest rollercoaster than you can even imagine.

>>17759674
I'm 27 and I've never voted

>>17759426
>>17759760
*ahem*
It wasn’t a big bet, but it WAS profitable. Even though I fully admit I was soooooooo wrong about how bad COVID was going to get.

But I didn’t get got on that trade, so it’s silly to call that one a “keeper”. I made $13 or so.

>>17759916
lol

>telling newfags to write options

Fastest way to bankruptcy

>>17760047
He’s taking about covered calls... so no
>>17759976
A precious poster had asked about 2008
Why are you jumping into conversations without reading the previous posts? Context.

>>17759916
>retards having enough money to buy 100 of any stock worth making calls for

>>17759919

This guy has got to go.

Coronavirus is what it is, nut much we can do. But this one man is screwing over every oil producing nation, the Ruskies, and the entire Western Worlds economic stabilization (at a major loss) because he wants to like "like big boss habibi".

He. Needs. To. Go.

>>17759916
Oh thanks great advice!

>>17759819
We should have bombed them after 9/11 but I guess that would have made our Israeli bosses upset

>>17760018
good
hopefully this WSB/cryptard crowd thins out in a week or so after they al get LIQd from slinging long options with VIX near historic highs

>>17759340
Sounded awfully raspy during the press conference last night.

>>17760157
Russia actually said they won’t limit production because they want the us to share the pain.

This is a mutually agreed upon measure to kick the US while it’s down and permanently cripple it.