/biz/ - Business & Finance

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>mfw sqqq

I have 5k in savings and no job, live with my parents.

Invest or ride out?

How much REFR do I need to make it?

Dividend investors smug af rn tbqh famalam

>>17762605
DCA until we bottom out

Am I shadowbanned guys or is my posting just that bad tonight

>>17762566
It's literally just a flu.

It's not looking good.

>>17762604
Is it to late to get in?

TUMBLING DOWN
TUMBLING DOWN
TUMBLING DOOOOOWN

>>17762629
just that bad senpai

>>17762605
Wait for a bit.

first for fed pumps tomorrow morning
and then the shorts!

>>17762605
Ride out. Dow Jones is dropping to 15k by April

>>17762605
All in SPY calls with a November expiry.

remember boyz Disney is going to get dump on tomorrow good time to buy some good dividend stocks along with KO and XOM

Savanon...Pendy...when will we get paid...

What companies won't exist after the second great depression ends?

>>17762629
i see you anon

BROS

How do I make TDA display a correct average cost like Robinhood does? On my positions page, it shows the first price I bought shares at, even though I sold long ago.

>>17762635
probably yes, markets will open down and hit breakers in minutes

>>17762658
Tesla and Netflix will survive no problem, Ford might not. Boeing probably won't, without big bailouts.

>>1776260t
Bitcoin is going to be a early signal the bottom is in its going to be 6K by morning tomorrow and its a big signal people are buying back, its not too late but it might be a good time tomorrow its already like 35% down

>>17762639
fuck yeah i hope so.. would love to get a big fucking high dive to jump of for the weekend

first £1000 put into buying the dip, have another £2000 to buy with in the next week or so, hard to time the bottom but I will wait until we go even lower before putting in anymore money

>>17762661
>>17762637
Oof, thanks

>>17762604
Damn Kim Possible, I remember fapping to her in my young teen years. She was basically my girlfriend for 3 years or something, pretty sad but yeah

>>17762650
XOM is itself a good dividend stock mane

>>17762604
Fuck off I sold too quick.

>>17762657
you should look into LCI.. they're gunna have revenue in the billions soon and their market cap is currently under 300million... WAY undervalued

LCI to $60

I think shorts are getting over-extended

im actually kind of optimistic for the future, mankind always finds a way. We could probably drop another 10-15% on MAX PANIC MODE, but I think its time to start thinking about what you want your growth/value portfolio to look like post covid-virus.

>>17762605
ride out, buy deenz and rice if you haven't already. If you feel like your area is going to have power/water shortages then get some water and canned goods.

So here's the big question: will markets crash over the weekend, too? Holding SQQQ over the weekend would be some serious balls, but potentially print.

>>17762707
it won't be if they are losing money on their oil production...

>>17762722

The US is going to go into lockdown next week. We are by no means out of this. SPY is going to go below 200, guaranteed.

HE SAID THEY KNOW NOTHING

I THOUGHT IT WAS TOO LATE TO SELL BUT NOW... NOW... NOW THIS IS SERIOUSLY BECOMING A FINANCIAL CRISIS AND WASHINGTON IS TOO BROKEN TO DO ANYTHING

>>17762695
That's not sad it's cute.
>>17762692
Not a bad guess for the bottom IMO. I'd wait until late next week at the earliest for that next 2000. US news will cause panic sells

WTF guys?! we could have used that $1.5 trillion to pay off student loans
>BuT HoW WiLl We PaY fOr It?
fuck off DRUMPFtards

>>17762658
Hmm.... HMMMMMmmmmm... Doing a big think on that just now. Gotta think some more.

>>17762722
Agreed. Squeeze day is likely probably next week some time. Day singular. Maaaaaybe two. It won't be a reversal.

>>17762715
>>17762737
Let me ask you a question
do you believe in meme magic?
And are you retarded

>>17762745
XOM does a lot more than pump oil and oil isn't going to stay $30 forever.

Is m1 finance a good app? My first $100 is pending (it's all I have at the moment)

>>17762789
I believe 2020 is haunted.

When you 'buy the dip', you're just bailing out Jews from their bankrupt positions. We haven't even scratched the top of recessionary valuation. We've just cut through (most of) the inflationary fat that has built up all these years.

You think the people who bought in October 2008 were happy to have 'bought the dip' when their positions depreciated 50% by March? Over many, many years perhaps.

But the big money lies in riding this slut to the bottom with puts. A 200% return over a decade is nothing compared to what you can get now just by shorting.

Anybody want to talk about the bond market?

where are my /asx/ chads at? reporting in

>>17762737
you will make good gains or get fucked in the ass
I personally close all my positions by end of day and just settle with 1-2k gains guaranteed rather than the prospect of big gains overnight or in this case over the weekend

>>17762789
Yes and yes.

>>17762771
so the Fed spent the money to buy treasuries
which means they aren't dumping the money into a bottomless pit, they will just sell the assets back later once things normalize for a profit

if they didn't and the bond market seized up, people would be saying
>"why didn't the fed do anything?"
hope it makes sense :D

>>17762814

Reporting in, waiting for QAN to go down further

>>17762820

What news could we get over the weekend that would make the market rebound? It's inconceivable at this point.

>>17762832
PUMP IT

>>17762790
>oil isn't going to stay $30 forever.
it could stay there long enough to bankrupt a lot of smaller companies and really really hurt larger ones.. i don't see the rush.. but to each their own

>>17762566
trrruuUUUUUUUUMMMMMMMMMMMMmmmmmmp.........

>>17762846
War with Saudi

>>17762751
High-quality dividend kings at a discount? Count me in!

I made a thread, but I feel like I'm not gonna get any replies to it due to how fucking fast this board is and the amount of shitposting, so I'm gonna copypaste and repost here

So a few days ago I started trying to figure out how exactly my retirement plan works and I realized it was based on the stock market. I ended up gaining an interest in the actual market and I feel like I'm grasping concepts really well, and I've decided I want to start building up passive income through dividends in the long term. Is this actually worth it though or will I never actually make enough money through it to warrant it? Also is it better just to invest in high dividend etfs or to do my own handpicked portfolio? I feel like the answer I'm gonna get will be etfs but for some reason I really wanna go the hand picked route for whatever inexplicable reason. Also I do understand now should be a great time to buy individual stocks if I do go that route, but currently I have only $100 at my disposal (which is laughable). What do?

I've saved up 70K. Am I retarded for putting in 5K a week starting tomorrow? Mostly going to buy beaten up blue chips and wait until Nasdaq is cheap.

>>17762804
we're supposed to see clearly in 2020

>>17762807
What boomer is going to sell after living through 2008? They know the money will come back in five years. Why fucking sell? I don't think it will go down beyond 40% from the top

>>17762807
Do you even understand inflation as it relates to the fair value of companies you will certainly buy with US dollars?

>>17762846
This Friday, not the coming Monday, will be the big day. Everyone knows this so they'll rush to the exits.

>>17762874
we'll understand in hindsight

>>17762854
GUSH is surely safe, right?

Imagine California getting hit by a major earthquake, fires breaking out, mid-west getting hit by F-5 tornadoes, and Florida getting hit by Category 5 ALL back to back while Corona cause mass quarantine. Then Typhoons devastating Japan, Australia's fires reigniting, India hit by tsunamis, China imploding from martial law, and Putin dying causing a Russian civil war. Which ignites conflicts across eastern Europe, which spills over into Europe, major militaries forced to act. Then major war breaking out and civilization collapsing by the end of 2020.

Thankfully such a scenario is just ridiculous. Haha.

>>17762869
you could kys

>>17762887

And what, start buying back in on Monday because they're confident of a rebound? The US is going to go full Italy mode before the end of the month. Do you think that sounds bullish?

>>17762846
if we get no significant bad news over the weekend, that alone would probably bounce things up a little

>>17762869
If you have $100 you should work on getting a job and spending less money.

>>17762682
Are you retarded?

>>17762920
Do you actually believe this will happen?

I'm racking my brains trying to figure out whether the market is going to sink or swim on Friday.
On one hand futures are down, international markets are in freefall, nobody wants to gamble on whatever bullshit might happen over the weekend, and we have barely even begun to experience the effect of the pandemic.
On the other hand, we've already had a 25% drop and there's no fucking way this administration won't try something that might prop up the prices for a bit.

Help me decide broskis.

>>17762891
with current events it's a bit hard to be forward looking

>>17762861
The only thing that would rebound would be the price of oil. A sudden swing from oil going negative to dramatically more positive, coupled with a war in the Middle East that could easily drag in all of the Gulf oil states, would inject so much uncertainty into the markets that you'd see them dip 20% on Monday easy

>>17762902
How often do big earthquakes hit? How often does a bad fire break out?

We'll see at least one coronatyphoon, I guarantee it

>>17762902
yes all of this is very unlikely

>>17762872
I would honestly make it $500/wk until we see signs of heading back on up.

>>17762938
Every Friday for the past few weeks have been red. Think of the situation we're in right now.

FUCKING RED

What are futures like tonight/today or whatever the fuck in gook land? Too lazy to check. Is tomorrow all fucked up too??

>>17762872
It's either going up or down.
Since your are retarded your should buy an sp500 index fund. Picking stocks will never beat the index unless you are very lucky.. Know for a fact that your hunches are wrong. Just buy the market.
As for the speed to buy I don't know

>>17762807
This is a really gay post

>>17762771
It’s not gone... it’s in the repo market, sloshing around, keeping shit from hitting one of those fans

>>17762883
>inflation

I'm not talking about currency inflation. I'm talking about inflation in the price of securities, e.g. the dramatic increase in price over moderate or no increase in value, driven by low interest rate nonsense.

>>17762918
I meant the big day as in 'the big sell-off'. I'm with you bearbro.

>>17762976

Nikkei is undergoing the beginning stages of a dead cat bounce, and Shanghai Composite is undergoing the final stages of a dead cat bounce.

>>17762872
bottom wont be in until late april MINIMUM. please dont

>>17762938
I use retards on /biz/ as a leading indicator

>>17762869
While you don’t need to be a millionaire to invest, you need more than $100. Focus on obtaining skills or real education that allow to make a comfortable wage. Save as much as you are able to and then invest.

>>17762937
I don't know
They can't really cancel any more major sports leagues
the news that we're bound to get for the next couple weeks is about cases rising
but that's sort of priced in
as long as they aren't exponentially going up by two Wednesdays from now, that should be approximately the "par" level giving current market sentiment
the real news we're looking for is significant quarantine actions. Again, some action is priced in, some isn't. Panic can still rise, but by now everyone knows about this thing

>>17762650
In awe at the size of this lad, absolute unit.

I want to cash out on my puts at a reasonable price but it's fucking impossible for these shitter ishares shit with <50M volume.

>>17762938
Only hope of a green is if congress passes something that creates immediate good feelings before 4PM tomorrow.

>>17762771
>the economy is just a big racist pile of racism sexism money like in the hobbit movie and the sexist racists are like the dragon who won’t give us the money!!!
this is why you’re poor, and a shitlib
have fun getting eaten this summer

>>17762902
looking forward to it, anon

>>17762682
You said this shit in the last thread, get out of hear you fagcoin nigger

>>17762981
You’re dumb as fuck.

>>17762976
>Is tomorrow all fucked up too??
Fubar. Looks like another gap down open tomorrow. We are getting in squeeze potential territory though but big money wishing to do so might be thinking to wait things out just a teensy bit longer to make the push.

>>17762938
The administration injected 500 billion dollars into the market today and it created a spike that lasted for 12 minutes before getting erased. I can't claim to know where the market's going tomorrow, but if it does go negative I think this is actually out of their hands.

>>17762605
see>>17762650

AAAAAAAAAAAAAAA
CRAMER SAID IT

WHY DIDNT YOU FUCKERS TELL ME!!!

Also, Lagarde, fuck her for not giving the cut that was priced in, but she said the ECB’s buying corporate bonds?
Now THAT is some legit manipulative QE level shit. That’s not repo... that’s loaning money to corporations that may never be able to pay it back.

>>17762846
Forsythia

>>17762998
The Nikkei right now is - 8%. Shanghai is going to crash like nobody's business, I can't believe those whores thought they could get by with - 5% while every other country has dropped - 30%. What are they thinking?

If China's market comes out of this unscathed though, it really will be a Chinese century. Highly doubt that however.

>>17763007
I don't have any other friends....

>india just opened
>india is about to circuit break

>>17762840
>tfw still holding put options of qan

reckon i should hold over the weekend?

>>17762869
>$100
Come back when you have at LEAST $50k

another rabble-rouser tomorrow bros

>>17763069
Based

>>17763060
Every time a central bank does that shit, they are only giving money to people who will turn around and short.

>>17762919
>>17763010
I have money. Got $1,350 in savings currently. I wanted to invest that but I kept cancelling it everytime it was pending trying to figure out if I actually wanted to do this or not. Now I've switched it from my savings to checking account so many times I passed the limit for the month and anymore they'll charge me, so I don't wanna take it out. I was dumb

>>17763077
Thread song
https://www.youtube.com/watch?v=_RcVzevWX4U

>>17762872
Lots of companies will report quarterly earnings in April. I suggest waiting until some of those earnings come out and start buying the drops that will come. It's going to be a fire sale. If you see things start to rise late March hold your horses as there will likely be round 2.

>>17763070

Companies that used China for manufacturing are basically never going to trust them again at this point. China is fucked.

>>17763070
>If China's market comes out of this unscathed though, it really will be a Chinese century. Highly doubt that however.
China's market have no correlation with actual performance of companies and is merely a gambling ground

>>17762901
Didn’t it reverse split recently

Are we going to recover or are there no brakes on this ride?

>>17763077
BURN SO I CAN FINALLY SELL MY PUTS JESUS NOBODY EVEN BOUGHT THEM 20 CENTS OVER BREAK EVEN

ASX has no circuit breakers according to Bloomboi News

What the actual FUCK is happening to the FTSE 100, FTSE MIB, and CAC?

Also, what the ACTUAL FUCK is keeping the DAX at only -1.5%?

>>17763104
Take it from me. Just do it and learn risk management.

I fucked up by not keeping my short in through the week because of Tuesday and the Fed Pump today. I could have been up but I fucked up.

>>17763102
You think so?
I don’t know that struggling businesses could get away with that. Then again, they could say they’re hedging Against business improving...

>>17763104
>Got $1,350 in savings
Put it all in SQQQ and hold over the weekend.

>>17762872
1000 per week tops bro.

>>17763128
Maybe DAX is seen as the euro hedge.

>>17763122
No brakes. Fed already pumped in $1.5 TRILLION to no effect.

>>17763128
the euro markets tend to not move super hard during futures, they fall through futures and dump once the actual market hours starts. (at least, that's how it has been)

>>17762902
Anon.. I..

Fuck it. None of this matters.

>>17762566
buy buy buy

>>17763110
wait, what? china flew in 90,000 doctors, did ridiculously strict quarantines, and built 4 costco sized medical facilities to treat patients in like a 3 weeks. how is that not the definition of competency? i hate chinks more than anyone else after visiting yellowstone a few years back and seeing what they're really like but for god's sake dude they handled it thousands of times better than any other country so far.

>>17762679
Really think you have that ass backwards. Netflix requires a tremendous amount of capital to produce a product that can be consumed in an hour or two. Worst case Boeing would get bailed out. TSLA has been fucking up for a while now.

>>17763200
It's because during that quarantine companies had their supply lines get fucked and it made them think "maybe having all of our eggs in one basket is a bad idea". China's response fucked them not due to incompetence, but because it sent a message to manufacturers that they needed to diversify supply chains in the event of a major unforeseen disaster.

>>17762650
Why are these shilled so hard
They are boomerstocks that will loose marketshares in the future

>>17763250
true, true.

Buy TMDX

>>17762962
>>17762981
>>17763006
>>17763109
>>17763156
Thank you for the advice. I think I might wait a little bit longer than.

t. retarded frog

>>17763200
>Costco sizes medical facilities
No doctors
No medicine
No nurses
Just cots
That’s not a medical facility retard

>>17763200

After a month of censoring anybody who reported the presence of the disease and the fact that it wasn't being handled, China trapped its citizens in their homes and halted the spread of the disease by brute force, yes. Meanwhile, the American tech sector is seeing their value decimated because of China's sloppiness and their overreliance on China for production. China's role as a manufacturing contractor for big tech is done forever.

>>17763120
I read that if a firm is big enough, reverse split is okay. In this case, GUSH being tied to oil, and my belief that oil will go up again, I feel as if it’s safe. Although I’m fine with hodling for a while.

>>17763128
The futures on those three reflect today's losses, as well as predictions for tomorrow for some reason. FTSE 100 closed at 5,237 this session.

>>17763272
Haha no, at the end of the day China is cheapest and China has still has all the infrastructure in place to do it cheaply. Manufacturing only comes back to the US when there's good enough robot tech to do everything.

India has hit the breakers

What would have the market ended at had it not been for the 500b pump this morning?

>>17763306

There are plenty of other starving jungle asians south of China ready to work on assembly lines for pennies.

>>17763313
buy when there's poo in the streets

>>17763200
>t. Zhu Pang Lao Tsung Chun Wong

anybody have a ticker to watch india market on tdameritrade?

That fucking ASX rally to 5200.

>>17762925
>>17763037
Whatever dudes you don't understand that Bitcoin and the market have been dumping equally and Bitcoin going up means its highly likely stocks go up too I mean I can't spoonfeed you more but tomorrow just wait and see and hopefully you at least say 'fuck it' and buy and don't miss out.

>>17763256
KO has a monopoly of water in major parts of africa with huge shares of south America they will be here for years to come. xom is well oil which like it or not its here for years aswell and finally disney its disney anything they touch turns to gold. the only one i would somewhat be cautios about would be T for there debt and well fuck T i had them a service provider and they can suck my dick

>>17763296
I’m right there with you, 50 cents when it’s been at what like $1000 before
Then again I’m a hopeful retard and I know people have gotten slaughtered putting their hopes and dreams into shit like this so I’m just playing around and seeing what happens

>>17763313
How do you "AAAAA" in Rajeesh?

>>17763375
tomorrow specifically maybe but we have at least another 2 weeks of gut wrenching news stories about grandmas in nursing homes dying en masse due to lack of toiletries and coofing before we collectively see the light at the end of the tunnel.

>>17763402
AAAAAAAAAAjeet

>>17763330
I literally can’t count that low anon

>>17763335
They have either not the infrastructure or not the population to be China. And China is advancing so fast when it comes to educational, technological infrastructure it's terrifying.

Do you know that Chinese cities like Shenzhen and Shanghai have a GDP per capita at around $30,000, which is better than many Eastern European countries? And these are cities both larger than NYC. And they are just at the beginning of their economic potential.

The United States won't be able to compete whatsoever. It's actually terrifying the more you look at it.

>>17762604
etfdb lists their AUM as 1.4 B but their market cap is 2 B. What do I make of this?

>>17762650
I'm pretty bearish but god damn dis and ko are lookin pretty good

>>17763375
>the market is going to turn around on the brink of a calamitous disease decimating hundreds of thousands to millions because bitcoin pumped

Dumb fucking question, if you are marked as pattern day trader why do you need equity of 25,000.
Lets say in my broker account I already have 5,000 I can only lose those 5,000 right I can't lose more. So why do the brokers need protection?

>>17763444
Lmao

ASX 200 needs to be smacked down. We can't have these delusional bulls creating a market crab for two weeks before the inevitable crash. Just let it happen already.

>>17763429
join the dividend master race anon shit gets comfy onces your holding a good amount

>>17763448
It's not about brokers. After the dot com bubble, they tried to blame it on day traders and brought in those rules to try to stop more people getting into it.

>>17763448
That's a SEC requirement.

>>17762952
“The big one” could come at any time, and even that would be enough to sent California into a recession, possibly the us and world as a result

>>17763425
the majority of chinese data that comes out of China is suspect as fuck. You can't trust any of it.

>>17763495
>>17763498

So is it just to reduce day traders and keep the money in the market?

>>17763477
fucking Ausies are mooning and leaving everyone else behind.

So from what I understand about options, what makes them different from stocks is that they should be bought and sold primarily based on demand, and not price.
The demand is characterized by the IV, which maximizes prior to an earnings call or similar event, and minimizes afterwards.

Therefore, the best time to sell an option is when IV, or demand, is at its highest just prior to an earnings call.

Did I get it right?

>>17763506
Just imagine all the stinky homeless junkie parasites scattering like roaches fanning out throughout the union

>>17762635
Probably still time.

>>17762679
>its too late to get SQQQ because the markets are going down more
Uh what?

>>17763477
dont worry they are getting there shit push in as we speak. we are in bear country now anons
>>17763506
BASE CALIFORNIA IF THEY GO DOWN THEY ARE TAKING EVERYONE DOWN SCREAMING WITH THEM

>>17763506
i would gladly lose my entire stock portfolio to see that happen.

>>17763553
SQQQ is already super fucking high, I guess it could go even higher though

>>17762902
yea haha why did you post this haha asking for a friend

>>17763541
If we were still hunting and gathering and murdering rival tribes and Neanderthals... I wonder if these people would thrive.

I can’t begrudge people for failing in clownworld.

>>17763524
I do trust the economic data for the big cities based upon what I've seen. Watching documentaries about what they do in Shenzhen was eye-opening. There are many smart people coming out of Chinese universities, many of them getting into technology and business.

Even if it's like 10% of the adult population that's the entirety of the United States' adult population. And Lord knows we don't have enough high IQ individuals to match.

>>17763448
They are hurting poor people.

Keeping smart poors out of the game. Increasing their risk and reducing their competition.

How is it possible that preventing a sale at 10% profit in 1 day is good for the trader?

>>17763559
the country may hate california but they transport most of their goods through california... it california was quarantined.. shit would be fucked

>>17763577
there's a very high probability at least one major natural disaster happens in the next quarter

also Trump has an even-odds chance of dieing from coronachan

>>17763563
I mean... it could totally send us into a depression so... you must be very spiteful

>>17763594
exactly right. and how does it make sense to stop little guys from making plays when it's the big movers who shake the markets anyway. it's ridiculous

money doesn't really matter
as long as you have your health and your surrounded by your loved ones, that's more important than anything
https://www.youtube.com/watch?v=_bZPUnM1MK0

Anyone else take the crude oil pill? I'm slowly amassing a nice OILU position. It might sound crazy, but I really think oil is at a short term bottom and the Russians and Saudis are very likely to come back to the table. The Saudis are going to be dealing with a lot of very pissed of plebs when the gibs checks start getting lighter and lighter. Plus on top of that, oil always goes in the direct opposite direction of what people expect in the aftermath of major news events. I call $45 oil by June.

>>17763349
INDA

why is the ASX just completely fine

>>17763590
thing is the majority of the smartest people come to the USA well they use to after trump stop the visas for a lot of them but still the US dosent have the brain drain that Russia and china have for now

>>17763575
If the market keeps going down, why would SQQ stop going up?

>>17763608
spiteful? no. i just enjoy being smug, and seeing a bunch of silicon valley snobs, weed brehs, out of touch liberal faggots, and napa valley wine aunts get utterly BTFO would make me smug in a way that I can scarcely imagine.

>>17763528
More or less. The SEC has basically said that day trading carries much more risk and that "less-sophisticated traders", AKA poor ones have to be saved from themselves. Surely there are other bullshit reasons for why they stepped in, but I'm still not sure of their real goal. Maybe to stop retail traders from gambling because that's the job of Wall Street.

>wake up
>stock market crashed 20%
>shitcoins crashed by 50%, retard pajeets demolished
i like it but what the fuck happened while i was asleep those past 24 hours

god i hope IVZ goes lower.. shit is going to be a gold mine

>>17763402
POOOOOOOO

>>17763640
F I S C A L S T I M U L U S

>>17763621
Crude hasn't hit the bottom, but nevertheless looks like a very good, very Jewish buy.

>>17763642
>majority

Doubt. They come for University and go back home. Nobody of intelligence wants to be a salary slave in a foreign country where they hardly speak the language. In China they have real opportunities for advancement and, more and more commonly, starting their own business.

>>17763666
>24 hours
Satan, you've got a problem

>>17763627
thanks

>tfw the asx is about to break even

time to go hard boys

>>17763666
Were you really asleep for the whole 24 hours?

>>17763600
honestly im shock the fucker hasnt been kiss bt coronachan yet couple of people he met in CPAC had it along with a brazillian diplomat who he hug and shook hands with had it

>>17762667
pls answer

>>17763594
Totally agree with this. If I could trade freely with these inverse ETFs I'd be scalping like a mad man. A decent way around it is by hedging positions for overnight holds. For example, you might lock in a 15% gain on SQQQ by purchasing enough TQQQ to roughly line up the differential, essentially locking in a spread. Only going to work for overnight due to decay but it saves a lot of street when on these days you wonder what you'll wake up to. I've been liking to hedge 50% against what is profitable, not complete coverage but enough to take the sting out if the trade moves against you at 4:00AM

if I'm Canadian I should buy American stonks in USD to protect myself against the collapse of my own currency, yes?

Fed shot it's wad way too early on rate cuts and stimulus.
This will go down as bankruptcy #7 for Trump, with the bottom still nowhere in sight.

>>17763621
i'm long in oil since about 3 weeks ago and it hurts but i'm long so fuck it. i'm going to buy more in a week, and more in two weeks. not efts though. actual oil stocks. i like the dividends.

saudis need oil about $45 to fund their country's spending needs. russia needs oil about $40 for the same. this isn't going to last very long. i have a feeling it will go lower before it goes higher, though.

baltic dry index is starting to look more healthy - good news for oil. demand is going no lower than it is now.

>>17763691
>>17763682
well more like shut everything off 4 hours before sleep, sleep 10 hours, wake up eat and shit 2 hours, then see this collapse
but pls tell me what happened

>>17763621

You realize the prospectus on OILU literally says it is for day trading

3x ETFs automatically decay because of the percentage math, they aren't for holding months

You want USO or OIL

>>17763621
xom homie its at a tasty price

>>17762658
I think maybe the scariest popular stock on the market right now is SPCE. Yes it has backing from Virgin Airlines coffers but there's no way it can turn a profit for years to come. If this goes in to sustained depression they're not going to be able to fill their seats consistently enough. Maybe they go under maybe they ride it out but I wouldn't want to be a long hodl shareholder.

Second is some of the Canadian dude weed companies. Many of them exist solely on speculator good will. That good will turns sour they run deep in the red and no one will be there to scoop them up when they file for bankruptcy.

BASED

>>17763736
>>17763621
MRO is solid as fuck too, and CVX

>>17763478
I'm a divvy guy already. I was deep in GIS before they shook it out of my wood hands this months. I bought KO at 45 and sold a year later at 57. That was pretty comfy, the prospect of doing it again is too good.

>>17762634
Consider me spooked, but we can't drop more than five percent rr-right. If we see another day like today that'll surly spell disaster for at least the next year if not two.

>>17762658
This will be the third great depression
https://en.wikipedia.org/wiki/Long_Depression

Also I would love a tesla btfo

>ASX 200 breaking even

Lord please take your righteous hand and smack down these Australian faggots.

>>17763754
why the hell are the aussies mooning lmao, did their government announce more stimulus?
everything else still getting raped

>>17763732
3x ETFs can be held as long as markets don't tank

and when they do tank, the 3x ETFs become very cheap to buy

>first bit of investment was in ASX
>its down 8% immediately after I buy
>work then cuts my hours down to 10 hours a week
>mfw thats only $200 a week to survive on
>mfw no one's responding to my job applications
I'm gonna be homeless soon, arent I.

>>17763754
is the great depression over bros...

>>17763711
I could think of worse things to do.

>>17763732
Yep, I used to swing the now defunct DWTI and UTWI ETNs and from time to time like to go back to those days, especially with such huge moves to try and catch by averaging down. It's a small part of my portfolio but I will add daily and expect to, hopefully soon, string together some nice days of consecutive gains.

>>17763663
My body my choice bigot

>>17763732
You can hold a 3x ETF if the market is going in that direction. If you bought a 3x S&P 500 in 2019, it would have grown 2.3x instead of 1.3x.
However, oil is dying so a bullish 3x ETF would be retarded.

>>17763787
i think our prime minister is currently giving a speech

every neet and pensioner is getting 750 dollarydoos apparently

>>17763754
>>17763791
>I sold at the bottom
ARRRRRRRRRRRRRGGHGHGHG

imagine having shorted the ASX and it turns out to be literally the only market in the world that doesn't fall 10% today

>>17763789

3X etfs can turn 100 days of noise into a -10%, look at OILU 3Y next to crude price

>>17763791
what city fellow ausfag?

>>17763825
but muh TQQQ yields over the last 5 years

Guys I'm trying to do an acats transfer from vanguard to interactive brokers. I foolishly thought this would be easier than moving the cash myself.

Now it says acknowledged on IB, but Vanguard won't let me trade anything. So I'm stuck and can't trade. How long does this take? I just had all the cash in a settlement fund in vanguard.

>When a person facing the end of life “rallies,” they become more stable and may want to talk or even begin eating and drinking again. ... This change in behavior goes against everything families learn about the physical signs that the end of life is near. We grasp at what seems to be a turnaround in our loved one’s health and sigh with relief. It appears as if they are going to hang on for a while, right?

>Sadly, rallying is usually a sign that death is near. I have known many hospice aides, nurses and doctors who have seen their patients rally shortly before dying. A rally can last for a few moments or even days. Short or long, these temporary “improvements” can have a profound effect on loved ones keeping vigil.

>>17763836
Brisbane
Fashioning a rope right now

>>17763817
750 koalabucks for free, just for not working
pretty nice deal

>>17763853
>tfw not eligible for 750 dollarydoos

I'm buying SQQQ on Monday, I don't see how we make it through the weekend without some pretty bad corona news in the United States which will force the market lower

>>17763844
Without googling, because fuck you, probably 1 to 3 days since that's generally how long everything takes to settle
Then again for all I know vanguard has a one week hold on transfers

Will this continue?

>>17763869
>I think the markets will RIP over the weekend
>I'm buying SQQQ monday
...Why not buy it Friday?

>>17763868
Should have voted for yang and also bought YANG

>>17763869
>>17763887
This. You should be buying tomorrow.

>>17763621
June is far too far away. Calls are way too expensive, everyone knows it will be resolved by then.

Cases are already up in Saudi. If the market can't stabilize tomorrow, there will be a deal with Russia. Wether it's MBS signing it, or one of his thousand cousins while his headless corpse rots in a ditch after they take power, is up to him.

>>17763817
>>17763853

What the fuck? Is this helicopter money in disguise?

Fuck me, it's happening for real this time.

>>17763874
yes, and we're talking collapse/recovery contingency plans in the official discord iscord gg/rMV8AD

>>17763887
>>17763869
>>17763911
Only real question is whether to buy it in pre-market hours

Don't you guys know stonks only go down?

>>17763900
I'm an Australian, I cant vote for a helicopter money lending ching in the US
I'm broke now too

>>17763817
they literally announced that several days ago lmao
market grasping at straws there

>>17763918
>If the market can't stabilize tomorrow, there will be a deal with Russia.
What's your basis for that assertion beyond "surely it must"?

>>17763754
Looks like us on tuesday

Shorting the market is like forcibly drowning someone in a toilet. Every time you push against a jolt of harsh resistance, some forceful muscular jerk, your heart drops and you shiver. You fear that they'll break your hold and drown you instead.

Hold steady, friends. Hold steady and hard.

>>17763923
It doesn't go to working wagie though, just NEETS and pensioners.

>>17763924
Never (you) me again

>>17763934
No spy?

>>17763780
HA

>>17763985

>>17763959
Did you short ASX before the moon mission?

>>17763871
>>17763844
I literally must have just happened. Fucking great!
I put the transfer in when I set up the account on the 7th.

>>17763974

Trading halted for 45 mins as INDIAN MARKETS hits 10% lower circuit
>Trading halted for 45 mins as INDIAN MARKETS hits 10% lower circuit
Trading halted for 45 mins as INDIAN MARKETS hits 10% lower circuit
>Trading halted for 45 mins as INDIAN MARKETS hits 10% lower circuit
Trading halted for 45 mins as INDIAN MARKETS hits 10% lower circuit
>Trading halted for 45 mins as INDIAN MARKETS hits 10% lower circuit
Trading halted for 45 mins as INDIAN MARKETS hits 10% lower circuit
>Trading halted for 45 mins as INDIAN MARKETS hits 10% lower circuit
Trading halted for 45 mins as INDIAN MARKETS hits 10% lower circuit
>Trading halted for 45 mins as INDIAN MARKETS hits 10% lower circuit

https://www.business-standard.com/article/markets/market-live-markets-sensex-nifty-coronavirus-rupee-oil-hdfc-ril-120031300130_1.html

what is sqqq, exactly

God hates Australia, land of the sodomite damned! The fag-infested land of Australia is burning. The fire of God's wrath is sending hundreds of those filthy Australian beasts straight to hell! We at Westboro Baptist Church are rejoicing, and we are praying that the dear Lord would burn many more Australians alive!

Don't you stupid Aussies get it? Australia is doomed! Nothing, and nobody, can help you. You have sinned willfully after you have received knowledge of the truth.

>>17762566
AUSTRALIA IS SAVING ECONOMY, S&P IS COMING BACK.

Why are these fucking Aussies idiots

>>17763994
LET THE POOPOO HIT THE LOO
LET THE POOPOO HIT THE LOO
LET THE POOPOO HIT THE LOO
LET THE POOPOO HIT THE...
>
>
LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>17764020
tracks the NASDAQ at -3x on a daily basis but has some quirks that make it inefficient to hold long

>>17763934
haha you have corona

How the fuck do I have 100,000 dollars worth of buying power?

Jesus, I'm scared bros.

>>17763711
>foreign withholding tax

Maybe in your RRSP

>atleast i got my $.02 interest payment on robinhood cash managment and my $2 in dividends on my stocks that are down 20%

>Australia single handedly saves the market before we plunge even more

Based. WTF, I love Australia now.

S&P is green

WHY ARE FUTURES GOING UP FUCK AUSSIES AND THEIR HELICOPTER MONEY

HOW DID AUSTRALIA DO IT? PURE DELUSIONS OR SOMETHING CONCRETE?

>>17763874
Very broad strokes, I've talked about being spooked but upcoming earnings season and I stand by that. Market may very well rally in to the beginning of April, I don't know and it depends on the news about Corona and oil. However, when earnings reports start coming out detailing exactly how hard companies were hit due to Corona related drops in production, demand, trade delays, consumer services (like travel, hospitality, entertainment), and retail, the market is going to decide whether these losses have been adequately priced in by the drops to that point. Company's nav about swing back to recovery for the remainder of the year and in to next is also very important. Likely there will be companies that did weather the storm from Corona pretty well but they can easily say they expect ongoing issues related to it in medium term. Earnings beat with nav coming in below expectations is a classic fuck you to investors.

THANK YOU BASED AUSSIES

>Our PM has coronavirus
Wew, the TSX is really gonna take a shit now.
Is he the first national leader to get it?

>>17764096
They literally just banned all mass gatherings.

>>17764096
get fucked retard

>>17764052
its a casino anon
they want you to gamble

>>17763949
Corona is not something we can do much about.

A tyrant who sits on a throne the west made for him so that he can stabilize our economy with stable oil, in the last true monarchy we allow to persist because it pleases us to do so, is.

Based Aussies blowing these bear fags out of the water.

Prepare for your SQQQ shares to dump you faggots, should have sold today but instead you fell for the /Pol/ hysteria.

>>17763817
>>17764102

>>17764122
you saying they're going to hit the saudis?

>>17764110
Bolsonaro might have it

>>17764115
Yeah, I just wanted to trade options, not be in debt for life.

>>17764090

>>17764111
What in the US, why would that make futures go u[

>>17764134
Based straya just made the 225 moon too.

>>17764110
its highly likely justin is pozzed. Him and Sophie probably fucked like rabbits while in the UK at that party away from the kids.Maybe they shared some food.

Why futures going up?

Uh futures just rocketed up 1% in to the green. Tomorrow might be something exciting to witness. Volatility all over the place.

>>17764164
It won't, which is what I'm saying in that we are still going to default to doom and gloom.

The Aussie pump is gonna last an hour lol

is the fake and gay pump in?
running a bit late, but I'll take it.

>spy back up to 250
>qqq up to 175
>futures are reversing to low negative
Are the auzzies actually going to turn the market around?

>>17764180
this whole fucking week has been something to witness

>>17764161
check again

Tom Hanks tweet definitely saved the markets.

He's had the virus for a few days and he's totally fine at the age of 63.

>>17764187
the Fed failed so the aussies are saving the world economy

>>17764111
this will also prevent mass shootings

Based Covid-19 solving the mass shooting problem in the US

>>17764184
can I get a link?

I will fight an Aussie if they fuck up the crash

>>17764194
true

>>17764187
It's a dead jump watch in a hour

>>17764196
MY SHORTS

>>17764200
He's also rich as fuck

You're welcome.

Nikkei down 7.77%

>>17764111
this will also prevent mass shootings

>>17764144
I'm gonna hit the saudis
backstabbing greasy fucks

>>17764233
Fuck gooks

YOU GOD DAMN SHIT POSTING CUNTS

The Pickett's Charge of the bulls.

>>17763975
Got out of it flipped it twice, wanted to get one more going but honestly the premiums just aren't attractive.

>>17764144
no
we will just back one of thousands of potential rivals over the weekend
they have our boy in custody already, head of internal security who has a great many friends over here for helping with boom boom boys.

MBS skinned and hacked a journo to death. so the usual liberal hand wringing will be moot.

MBS gets the rope soon, and no one, not Russia, nor the west, nor any of the other Opec nations will shed a tear. Should have waited his turn to play poker with the globe til after a pandemic.

>>17764248

>>17764255
THE SOCKS WILL RISE AGAIN

>>17764244
I don't like Koreans either.

>>17764217
Yep

>>17764231
>dow futures up 100pts
Based spider-fuckers

>>17764210
>>17764218
get fucked retards

>>17762794
It is only good if you plan on only dca and investing for years
If you want to be active and sell options on your positions (aka hedging if you own 100 KO stock) then it is absolute garbage.
Fractional shares are decent if you are an ultra passive investor though.

Please, Lord our God. Cause a last-minute dump in Australia.

Looking for advice /smg/,

Why should I avoid high dividend yield stocks?

>>17764284
Lol, its going down!

>>17764265
as someone who has a big stake in oil right now i hope you're right, but the way trump capitulated on the oil question he got asked doesn't bode well in my opinion.

>>17764285
You do not understand the market do you?

Didn't this exact same shit happen 12 hours ago?

>>17764295
Some struggling companies use a very high dividend as a last ditch effort to entice their shareholders to hold.

>>17764285
ITS RED

>>17764303
link plz now plz

>Trump crashes US markets!
>Roos ride to the rescue, futures rally!
What bizarro universe is this we are living in

>>17764325
NOOO NOT MY HECKIN BOOPER BUPPER STOCKARINOS
NOT MY INVESTY BOIS

>>17764319
Yep when will /biz/ learn. These pumps are just Jews baiting gullible retards

>>17763732
>OILU
not true, i had a call on a 3x bear inverse etf on the S&P in september 2019; it was long dated to 2021, and was in the money even after 6 months

#Tachyon bandwidth resources are mainly provided by the VPS service provider, and the user data can be arbitrarily obtained and cached

>>17764347
at 1AM?? it's algos jewing jews jewing boomer goyim dude.

>>17764043
ONE NOTHING SPLATTERING ME

>>17763868
neither am i. under rudds scheme i wouldve been, but not anymore.

>>17764301
>ASX 5290
I jinxed it.

>>17764295
Money being paid out to shareholders is money not being used to improve the company.
So a high yield could indicate that they're distributing too much of their revenue, which limits growth.

So this is the powerf the Aussie shitposter huh....


It’s back to being red. It’s nothing more than a low key version of the fed pump earlier

>>17762633
based

ASX 200 shat itself again. Nobody wants to pay a premium when Monday is around the corner.

>>17764359
It’s 4PM in Aus, market is closing soon. They’re baiting Australians

NEW NEW NEW

>>17764369

>>17764369

>>17764369

>>17764369

>>17764369

>>17764371
>back to being red

just as i bought more qan puts. lovin it

>>17764357
Okay? Like, are governments using satellite ISP or something?
I mean the only people that use it otherwise are in alaska or some shit

>>17763853
I’m a dual US-Australian citizen. I was born there, give me my fucking $750.

>>17764345
OH FUCK ITS GREEN AGAIN

>>17764431
no thanks pseudoburger

>>17764320
Ah, ok that makes sense.
>>17764370
That is interesting way to think about it.

Thanks for the info guys, that helped me make up my mind for tomorrow.

WE'RE GREEN, WE'RE GREEN!!!!

MY GOD MY DICK CANT TAKE THIS

GUys im to stressed to jerk it waht do?

>>17764603
Jerk someone else off, naturally.

OMG OMG WOWOWO

>>17762938
It's out of their hands for the most part at this point. Also, I don't think the fed is the only one manipulating the market. Remember, this whole bubble was pricked BY A MAN-MADE VIRUS that was delivered at just the right time, and against particular enemies (old conservatives, and China - two groups that another group wishes to dominate and extract wealth from). As it stands...watch Trump's video from yesterday. Notice his voice? He has it, or has something. We'll know more if we don't see him for the next few weeks..or if we can catch a deep-fake of him.

>>17763060
It's also giving money to retirees, fyi. BTW, I banked on this the last few days in the US bond market, but BONDS (both corporate and US govt.) WERE DROPPING IN PRICE. LMAO.. I'm still not sure why.

>>17763869
I'm holding my bear positions. I honestly don't see how they can turn this recession around, and I dont' even know why they would try, or if they are trying. I think the best they can do is try to soften the speed of the fall.
>BNO has all but stopped reporting on new cases in the US.
BNO has all but stopped reporting on new cases in the US.
>BNO has all but stopped reporting on new cases in the US.
BNO has all but stopped reporting on new cases in the US.
>BNO has all but stopped reporting on new cases in the US.
BNO has all but stopped reporting on new cases in the US.
https://bnonews.com/index.php/2020/02/the-latest-coronavirus-cases/
I fully expect all stores but food to be closing toward end of next week and into the following. As of 2 days ago, we were 2 weeks behind Italy (first 1k cases).

>>17762658
>What companies won't exist after the second great depression ends?
yes

>>17762679
>ford with 6B+ of rainyday funds might not survive
>TSLA which has only been profitable like 4 quarters ever will survive though

>>17765387
TSLA has unlimited fanboy money

the 2000s is the century of the cult