/biz/ - Business & Finance

I want to do this shit for a living. These last few days have been amazing.

First for bears

First for bears win

$850B stimulus tomorrow
Markets will surge tomorrow afternoon

>down 20% at market open

Put hopes on GUSH

>>17899779
What's your major?

Right now my all time returns which is about 13 months, is 421.67%. I almost wanna lose 1.67% tomorrow just for the memes.

BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>>17899786
Monday's stimulus didn't seem to help.

I have 10 MAR27 SPY PUTS I bought for $10k, how much will they be worth tomorrow?

Thoughts on dudeweed stocks?, I was looking at some companies who have diversified investments in various smaller operations handling distribution and cultivation. Seems like the current lockdown will kill traffic into stores but in august when things quieten down a bit and suddenly tax revenue from legal weed become alot more enticing to governments I'd tip to see a boom in value.

>>17899812
Computers mixed with math. I love programming but the work is fucking terrible. Everyone is a retard and all the places with smart people work you to death.

>>17899786
have you got a link for those claims? not doubting you just curious on source.

Buy SQQQ on open and sell hour in?

>>17899793
>Market stops trading at 10:32am

check futures. the stimulus is doing nothing.

BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

WHAT WAS THAT

where's the graph of "how far we are down now" vs "how far we were in the last couple of bear markets"?
i find it hard to swallow that this one will be the absolute worst one. i can't imagine we'll bottom out that hard, but man we dropped fast and it's going to be a while until supply lines and infrastructure spin up to full speed.

What the fuck, I went down to the store for the first time since this shit started. I could only find ONE pack of toilet paper. I thought this shit was just happening in a few cities? Is it actually over?

>>17899842
>thoughts on x stocks?

You're going to be slaughtered if you're buying anything. No matter how tempting, no matter the industry, do not do it. Do not, do not, do not.

We may be heading to race war and martial law in this country when we reach peak crisis levels. I've been telling everyone to study what happened in Baltimore, Los Angeles, and New Orleans when natural disaster or allegations of racial discrimination struck. When we do not have enough hospital beds for everyone and a single white person gets picked over a single black person, that's when the real drop begins.

> Oil 26

How does /biz/ cope with knowing that the government can turn their valued money into toilet paper in an instant?

>>17899856
No, if I’ve learned from anything these last two weeks it is not to buy at open. If it hits a breaker it usually pumps up for most of the day

>>17899856
SQQQ is a meme has barley broken $30 even after all this, cant believe i fell for it.

>>17899887
By the fact some of us have guns. Not me though. I'm a fucking retard.

>>17899883
We need war NOW

>>17899880
I'm just gonna buy a fancy japanese bidet with my put profits.

>>17899895

>>17899895
I mean with the markets as volatile as they are what do you expect?

>>17899883
$20 crude when

>>17899895
Thats 3x ETFs for you. I learned my lesson. They are shit.

>>17899895
You have to be a true bear to make it work

>>17899833
Monday’s stimulus wasn’t $850B in assets
>>17899850
Google “house bill” or “stimulus”

>>17899912

BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>>17899864
It's beautiful, isnt it

>>17899905
>This is how every political leader thinks

>>17899880
Dude you made this as a whole thread like two days ago, fuck off

>>17899842
Don't listen to >>17899882
Every stock goes up in long run. Take SPXU for example, if you bought it last year and held it through a near 50% drop you would be up now!!

>>17899760
>limit down
>trillions of stimulus and still dropping
Not a single bull leaves this market alive.

POST ALL THE BOBOS
I need to fill my folder.

Did the futures really react to news from Bloomberg that is trump related?
They still consider it credible?

have you guys invested in ligma yet?

>>17899880
>Is it actually over?
your life was over the moment you came out of your moms vagina with those nasty ass feet

>>17899895
I think most people trying to time naked ETF's have missed the window by a fortnight/month.

Taking out options on ETF's however, now that's cooking with GAS

Uncertainty

As long as they can't predict future they will do everything to avoid losses and lower risk. Thats why everyone is predicting lower and lower market. They are factoring in 3 months+ of shutdown.

>>17899955

>>17899955
Lambo on the house because of those sick digits.

>>17899948
In the long run we'll all be dead. If he wants to wait 5 - 7 years for a 200% gain, that's fine. But be honest with him, you sound like a justadiptard.

Do not fear, your time is near

>>17899964
What's LGMA?

>>17899986

There's going to be so many newly minted millionaire retards after this is all over.

>>17899986
>>17899985
BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>>17899937
indeed

WHAT THE FUCK FUTURES KEEP DROPPING AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

everyone on my boomer forum keeps saying invest in the dip

on here, you all are saying this as a legit meme

i'm going to check in daily until they finally start to scream GET OUT

then you'll know you've won

>>17899882
>stimulus
I don't plan on buying now, im waiting for the ASX to hit 4000 points and for the stimulus to ramp to unprecedented levels so I can close my american puts and buy cheapies, just trying to guage other people sentiment.

Might start my average in next week because I'm a sadist.

>>17899955
For the digits

BLACK WEDNESDAY
BLACK WEDNESDAY
BLACK WEDNESDAY
BLACK WEDNESDAY

>>17899895
TVIX you fucking retard

My current positions, which I bought near the end of the day (around eight minutes before market close I think?)

I only use about 5-10% of my account on options

>>17900011
Alaskafag here, that shit just puts bears in a frenzy of anger.

>>17899999
you tell me, based repeating digit friend.

Buy SNSS

>>17900047
I already have snus at my house

I took a 30% loss since peak, sold my stonks, and bought 5/6ths treasuries and 1/6 gold.
A-am I gonna make it??

Fed foes
>BRRRRRRR
Bear goes
>GRRRRRRR

Have fun bullfags!

>>17900028
TVIX or VXX?

>>17900060
Nobody cares about your fat white piece of shit wife

>>17900061
>treasuries
No

>>17900026
Just call it Black March at this point. Dow will be below 10k by the end of the month

>>17899955

>>17900080
>Black March
Black Parade*

I don't think anyone's ready for futures limit down on a Wednesday or DOW going below 20,000. Tomorrow may very well be the Red Wedding of the modern stock market, the big 20% day.

>>17900078
Thirty year bonds no good?

QUESTION

Can us yuropoors use robinhood or nah?
I want to buy those sexy puts and degiro seems shitty

>>17900016
the get out will be a bottom signal. I can't believe there is boomers out there STILL falling for short squeezes and going short on puts

>>17900061

if this isn't a meme, i've taken a ~20k loss so far and this has just gotten started.

as a young man invested in boomer stocks, i see it fit to ride out long term as my tendie grabbing allies feed themselves on my corpse

maybe i'll have your gains in 10 years

>>17899970
>>17899929
>>17899928

I started options trading 2 weeks ago and went from 3k to 17k with SQQQ calls. it's free money rn

>>17900067
TVIX>VXX>UVXY>SVXY>VIXY

>>17900061
>gold
No. Havent you looked at gold and silver lately? They cratered.

>bought calls yesterday
oh well, good that I got more puts to offset that, but I didn't expect it to fall today, wasn't yesterdays trump talk good?

>>17900026
Black Monday (1929)
Black Monday again (2020)
Black Thursday (2020)
Black Wednesday (2020)
Black Friday (name for meme after thanksgiving sales day)
wtf, is our entire workweek going to get BLACKED? only thing left is Tuesday.

>>17900095
I doubt it the FED will trump pump it around 10 like they did last time

>>17900080
>>17900095
>Vix at 67

Right now my all time returns which is about 13 months, is 421.67%. I almost wanna lose 1.67% tomorrow just for the memes. Also
> Almost 500 points
Damage control.

Would I be better off just cashing these stocks out for a loss of $1659.14 and using the remaining $1856.36 to continue shorting the market? I feel like I could make up my losses much quicker than just slowly bleeding and bagholding for two years.

should I cancel my maids coming tomorrow? im scared of coronavirus bros

Ladies and gentlemen just invest on bank stocks. Think about it they will never go away in this Jew and Anglosaxon society

>>17900138
why didn't you do that on the day everything went up 10%? it's been going up down up down up down, only two days have been red in a row.

>>17900111
Same anon different browser.
I sold stocks and bought gold / bonds on 3/17

>>17900138

i've been thinking the same shit with my vtsax stock. although if i cash mine out at the end of the day tomorrow, i'm taking a huge loss. probably around 25k.

>>17900138
they are worth what they are worth right now. if you didn't have them, and had cash instead, you could buy them for their current prices.
would you buy those stocks at their current prices right now? if yes, then keep them.
if no, then sell them.
it doesn't matter what they were worth a year ago, its what they're worth now.

>>17900095

lol no... BRRRR forever and always.

Did Futures get frozen or something, none of the sites are updating.

>>17900109
Man if I bought TVIX instead of SQQQ I would be so set.

>>17900104
jesus christ man why don't you sell and re-enter later to cut your losses, maybe rethink your current strategy? Have you never heard of opportunity cost? I simply do not understand how someone can stare at a red line go down and not act on it, you might be young but you're already a boomer.

Why are futures stuck in the same place? Are they halted or something?

>>17900151
Don't know man. I've just been ignoring them. Maybe I'll do it on the next green day. I think I don't want to admit to myself that I took a big loss. Too emotional, lol. I need an outside perspective.
>>17900163
>would you buy those stocks at their current prices right now?
No, because bear market. Only reason I kept them is because I didn't want to take a loss.

>>17900061

Should have went for puts

>>17900180

I got into the market just a few months ago, with my luck right before this shit all started to go down.

I'm aware things are fucked, but I don't know enough to accurately predict if my ~20k loss from selling will be reimbursed as I invest on the way down. Or I can just ride this shit out. It depends on just how far down this is going. If I can get out now near the top, and i don't know shit about numbers, I feel like it might be worth it

i'm here on this taiwanese fishing charter forum for insight that I don't have, that is hard to find at 2am, when my only other sources are boomer-based

>>17900138
>$1800 invested
>$28k cash
what the fuck are you worried about?

>>17900168
yeah for me neither no idea whats going on, I thought limit down was at 4.5%

>>17900198

You're about to lose YEARS of realized gains. Cut your losses and re-enter with a new strategy.

>>17900226
We're in the same situation, except your losses are much worse lol
>>17900138

>>17900168
limit down, market is gonna tanking tomorrow

>>17900198
>Only reason I kept them is because I didn't want to take a loss.
that's imaginary. they have a value right now and you can exchange it for cash. whether or not you do it, they still have that value.
to abstract it, would you rather have twice as much of those stocks, or would you rather just have the cash on hand?
the past value has zero influence on current value.

lads whats the quick rundown on the stimulus tomorrow? when does it happen/do you think it will actually gigapump the market?

>>17900226
how much do you have in the game right now anon?

>>17900168
Limit down
I hope I get approved for Schwab Level 1 I dunno why I haven’t bothered to do so

>>17900247

~90k in vtsax

>>17900229
>what the fuck are you worried about?
Furlough.
t. airline pilot
>>17900242
>to abstract it, would you rather have twice as much of those stocks, or would you rather just have the cash on hand?
That's a good point, anon. I'll cash out on the next green day and continue shorting.

Thanks for the wisdom, anons.

>>17900241
>>17900258
>marketwatch doesn't even have a news article about futures going through the limit
I don't know if it's damage control of if they're losing their jobs in real time

>>17900246

It needs to happen soon otherwise this market is toast. The S&P is hanging around a MAJOR support level here at the December 2018 lows, if we break this then we're headed to 2100 or less.

>>17900111
>Implying silver isn't in for another moon like in 2011
Ngmi

*inhales*

Is buying oil stocks a good option?

>>17900279
Little column a little column b

>Tfw economic conditions similar to weimar republic soon

>>17900246

Nope. This is the start of the corporate bond crash that was years in the making. Factor in many missed earning from the Chinese supply shutdown and you have the perfect storm of unpayable corporate debts the likes of which the country has never seen. It doesn't help that the petrodollar is being attacked at the same time.

No stock buybacks this time to sucker in investors, no FED money printing, or government intervention is stopping this one. It'll be historic.

>>17900262
your current loss is at a little over 20%, you could turn 70k into 800k in 5 years if you get out now and buy when its cheap. Set aside 5 to gamble on options now that volatility is hot and keep the other 65k in your pocket for cleaning day on wall street in April. DO NOT HOLD your losses, we have a long way to go, Goldman Sachs said the SP500 could hit 2k on Monday and we've limit downed again on futures, we may go sub 2k today. Anon unironically it might be too late for you.

>>17900313
>tfw we're making money that will be worthless by the end of this
ready to wipe my ass with cash since tp has vanished

>>17900108
>first ones free

>>17899786
Already priced in

>>17900119
I guess March is the new Black history month.

>one of the greatest stock market crashes just hours away
>gonna be lightly raining the next few days
>stocked up on a bunch of alcohol and reading material
>animal crossing just days away

Goddamn I'm max comfy

>>17900328
it was fun though

>>17900301
>Unpaid leave while Corona is raging.
The US is basically somalia.

>>17900246
>do you think it will actually gigapump the market
How many fucking stimuli can they so before people realize the fed is bullshit? I mean fuck, if we're playing retarded we might as well go full on BRRRRRR and print everything into fucking oblivion. Free healthcare, UBI, housing for everyone, job guarantee, Ferraris for all.
What the fuck is even the point
>>17900316
This, expect a new monetary system before 2024

Would you sacrifice yourself if that would mean coronavirus is stopped instantly and everything goes back to normal?

>>17900324

unfortunately i can't sell tomorrow at close, you're right, i know tomorrow is big time fucked. my only chance is to see if there's one last trick up president pump's sleeve, then i'll be able to get out.

when I choose to sell my shares, are they sold throughout the day at various times? or specifically at the price they're listed at market close?

i have to hope for one last green day if i want to get out before riding this all the way

>>17900379
I'd sacrifice myself to keep it going inshallah

>>17900196
Limit down. Nobody wants to buy above -5%.

>>17900379
>>17900385
beat me to it

>>17900379
>Would you sacrifice yourself
I would literally never sacrifice myself for any reason.

>>17900379
>Would you sacrifice yourself if that would mean coronavirus is never stopped and nothing ever goes back to normal?
Absolutely

>>17900394
disturbingly based

>>17900283
I'm getting the feel this market wants nothing less than a full -50%

>>17900306
Yeah. But they can go lower. So don't get too excited yet.

>>17900379
>Would you sacrifice yourself to save a bullshit system that's dying from a black swan event
Fuck no

So when exactly should I close my puts, when the DOW reaches 18k?

>>17900306
only if you're borrowing them to short with, energy companies are going to fail as the crisis drags on. Their credit ratings have dropped dramatically, even exxon mobil is down a credit grade

>>17900379
Never.

>>17900411
hodl until 10k

>>17900379
Why the fuck would i want to stop the boomer remover?

>>17900411
I'm personally closing out of my positions at open tomorrow because I'm expecting a decent pump from trump's stimulus program. I'll buy more puts after that tho.

>>>17900411
When SPY is 180

President Trump! President Trump, enough! Let it end! Please. He is my 401(k). My first 401(k).
Let him go and I swear that we will forget this. I swear it by the old gods and new. We will take no vengeance.

>You already swore me one oath right here in my castle. You swore by all the gods that the Trump Train had no brakes!

Take me for a voter, but let my stocks go. Stocks, get up. Get up and walk out. Please! Please!

>And why would I let them do that?

On my honor as a Tully, on my honor as a Stark, let them go or I will cut your wife's throat.

>I'll find another.
>The depression sends its regards.

( knife pierces ) ( wails ) ( knife clatters )

Guys what's the point of feds pumping so much money into the market knowing it won't help?

Who here /comfy? Puts on everything, 20 gallons of water, shitload of various canned and frozen foods, top floor end of hall of a heavily secured apartment building, .45 and 150 rounds. Just bought FF9 for entertainment, haven't played it since PS1 days.

>>17900445
It's like an airbag during a nasty car accident.

>>17900445
To try and calm down the boomers

Fuckkkkk futures look so juicey right now! Prep the bull bearbros, I need some cheapies. I want to become to boomer!

>>17900384
check the order book depth, when a buy order crops up that matches your sell strike they will fill the buy order which may or may not be all of your stocks. If it isn't all of them you'll have to wait until another buyers price matches yours.

You did buy puts yesterday 3:59 right?

Plan today is to buy calls at 12:30 and end of market for pump tomorrow.

>>17900445
To line the pockets of the 1% lmao you think that money just vanishes? Stocks are a zero some game, all that money is going somewhere.

>>17900460
now that is based

>>17900452
gallon a day per person

>>17900445
They don't know what else to do, they'd rather not just sit and watch the economy blow up.

>>17900411
Start taking partial profits starting tomorrow such that you can do no worse than break even if something happens to squeeze the fuck out of you. If you were shorting directly or using an inverse ETF to do so there would be more play to it and more space for you to mess around.

>>17900452
Looking at that pic for a second I thought you're about to off yourself

what's my move if i'm a yuro and americans are running their entire economy and currency to the ground

>>17900461
More like an airbag going off as a car is mulched in a shredding machine.

A lot of folks are going to get the sack.

>>17900495
you've got plenty of problems on your side.

>>17899760
>https://pastebin.com/F1yujtVq
is e toro and stuff shit? im only willing to invest a few thousand max

>>17900495
They’re not retard.

>>17900452
>1911
I too like antiquated firearms designs.
I really want a flintlock pistol.

Did we hit the limit down for DOW futures? It looks like it flatlined.

>>17900421
>pump from trump's stimulus program. I'll buy more puts after that tho.
Not a bad thought. There are big bounces back up in crashes. Could happen.

>>17900495
ass up face down back bent

>>17900379
Fuck no. Corona-chan is /ourgal/

>>17900519
Sure did bro! Expect a level 2 halt tomorrow!

why is there a fed announcement today?
didn't they already spill the beans on sunday?
literally nothing left to announce

We're not even close to the bottom of this bitch

>tfw dow only needs 30 straight days of 5% gains like yesterday and we will unironically be back at 30k

>>17899760
tried to explain to my boomer dad what is happening. don't think he understood. he just say "anon you have to understand that there's a lot of money on the sidelines right now!" I said "well dad people are making money on put options, stocks and 401ks are trashed and if you enter the market now your asshole is gonna get reamed and the entire monetary system may collapse because of the corporate debt bubble."
he listening in silence for 10 minutes. don't think he understands after explaining everything to him.
this man makes over 100k/year.
do people really not understand? am i going insane? is everyone i know retarded? am i retarded?

>>17900445
>Why duz massa keep hittin on me, moms?
This is (You)

>>17900543
announcements make stonks go up

>>17900550
wait i did the math wrong we literally only need like 8 days. wtf we're basically already back.

I've been telling you nothingfags it was only going to get worse two weeks ago. Why didn't you listen?

>>17900551
It's not just a river in Egypt, as they say.

>>17900460

>>17900465

Shit. I've never sold stock before. I'm way over my head with this fucking global collapse.

VTSAX is at $61.36 right now, what's a ballpark estimate of where that will drop to tomorrow by close? even at $55 per share i can get out at ~74k with a total loss of about 27k. losing that much right off the bat before going back in seems fucking insane. i'd hate to do this unless my probability of dollar cost averaging my way down into this hell-pit would come out with gains worth it in the end

Okay now anon seriously though I have money in the bank in cash is this the time to take it out and to store it physically? Even without stocks I'm spooked

>>17900495
Your country is fucked if it uses the USD, as much as us burgers? Probably not.
>>17900515
C O P E

>>17900584
Your money is insured and safe in the bank.

>>17900571
>I've never sold stock before
literally what the fuck? how did you manage to find this thread lmao

>>17900517
At least it's stainless so if it jams I can beat someone to death with it.

6 hours and 18 minutes

>>17900596
i have long term boomer investments

>>17900584
ask normies if they are pulling out money, that's a good indicator if shit already made its way to the boomers

>>17900562
Dax pumping on this rumor

>>17900551
Most people cant actually see possibilities outside of the conditions they were raised in. He's known this system his whole life, its likely he cant even comprehend its failure.

>>17900569

>>17900602
not kidding though
i actually want a flintlock
and a k98

>>17900596

i am FUCKED my dude i am trying to salvage what i got and my only option is to learn immediately and pull out/reinvest slowly and gamble some on puts OR sit here and ride it out 100% in US domestic stocks and just hope to make it out alive on the other side (i will, it'll just take... 10 years?)

>>17900593
>Your money is insured and safe in the bank

>>17899895
At this point, TQQQ and SQQQ are meant for day trading. You deserve to lose money if you're trying to take them long and didn't buy into SQQQ back in Jan.

>>17900564
No it’s fine dude just buy the dip a 35% drop in the DOW is a nothingburger

>>17900593
>insured
How fast do I get it back though? How much should I have on me to survive a total collapse of the banking system? Assuming cash will still have value but that's a different problem

>>17900543
“Fed announces intention to pump market at any cost: short selling and puts to be taxed, retroactively to 2019, at 100%”

>>17900621
Get a cz75

>>17900461
It's like an airbag in a nasty car accident that snaps your neck upon impact.

>>17900593
>>17900584
Insured, that much is true. However it can take up to several years for any claims to be processed, and there is (to my knowledge) no guarantee that the dollar you get out will be as worth as much as the dollar you put in. The government is allowed to print out trillions of dollars in raw cash and devalue the currency to cover FDIC claims if it wants.

>>17900616
kek

>>17900624
>gamble some on puts
Don't do that. Selling and cost averaging lower is fine. Options are another story.

Is this the bottom?
Is it safe to buy yet?

>>17900641
>in my opinion do this
but I won't
ok Trumpie

>>17900646
got a cz82
smooth as butter

>>17899760
BUUUT WHY DOESNT IT WORK!?`

1k TO EACH
INTEREST RATE CUT TO ZERO

Is it really OVER????

>>17900657
nope

>>17900665
does tomorrow look like it then?

>>17900662
Right on

>>17900653

fuck man. im torn. i think i'm safer off just ignoring my account balance. i wouldn't be retiring for ~30 years anyway. i feel like im stressin over nothin

>>17900650
Jesus, I should have several years worth of cash on me physically? I'm freaking out now. I am a normie and I freaking out
>>17900614
this is your indicator anon do something

>>17900664
The institutions may be pricing in the fact that the U.S. is (demographically and politically) a South Africa tier shit-hole and it may collapse if racial tensions are ignited by this crisis.

I'm thinking about it, so I imagine the people at JPM and Goldman Sachs are thinking about it too.

>>17900673
yes tomorrow is the bottom, take out loans and go all in, then report back to us

>>17900621
I would not owning both either, moreso a flintlock. I like 1911s and anything Ruger, haven't shot it yet though. If ranges are open on Friday I might be able to make the trip.

>>17900664
Yes, bullfags are delusional

>>17900689

>>17900676
listen mate, if you have any confidence in the united states as a country, just leave it alone as you are clearly very new and lack the knowledge and experience to manage your way through it this time. your losses will recover, unless the us collapses and we get invaded by russia lol

>>17900673
well that depends what happens tomorrow. like gap down hard pump close green. I would consider that reasonably bullish for a short term upwards move. Futures hitting limit down and staying there seems like it's going to be another circuit breaker day for the record books.

>>17900684
>The institutions may be pricing in the fact that the U.S. is (demographically and politically) a South Africa tier shit-hole and it may collapse if racial tensions are ignited by this crisis.
Ridiculous.

>>17900698

i am confident enough to tell you, straight up, that i have more faith in the long-term greed of capitalism than i have in my own ability to buy out, cut losses, and buy back in.

the god damn boomer mantra "time in the market beats timing the market" fills my skull with skeleton laughter and bone rattling i hate it make it stop

why don't we have
"www.isitthebottomyet.com"
reserved?

>>17900695
Cringe

>>17900562
you did the math wrong on your entire strategy

>>17900723

>>17900664
The list of full crisis mode is much longer than that. The fact we are dropping so fast isn't the scariest thing. It's that even with every central bank pulling out all of their jewish instruments we are still freefalling. \Even with reserve requirements at zero and zero interest rates (literally free infinite money) we are still dropping. Even with 700 bln in QE and trillions in overnight repo to add liquidity we are still dropping. Even with dumb bailouts left and right and a trillion dollar stimulus YangGang 2020 package we are still dropping.

When people say crash I always thought of the sound when you hit the bottom, but where the hell is the bottom??

>>17900684
>JPM and Goldman Sachs are thinking about it too.
Friendly reminder that JPM is sitting on the largest silver horde in history.

>>17900639
There's nothing wrong with holding 3x ETFs when the trend is strong, and the trend is so very very strong

>>17900695
Every fucking day they saw comparisons to Weimar are hyperbole then another trillion is scheduled to be printed

>>17900679
>should have several years worth of cash on me physically

It's your personal judgement. We don't know if the banks will fail or not. Investor sentiment and the institutions don't seem to think that they'll fail at this point.

You have the option to withdraw cash and store it in a safety deposit box, either in raw cash form or after conversion to precious metals, which depending on your bank's policies, may be safe in the event of a bank failure, and which you can also insure through private insurance.

I have all my money in my brokerage account right now, so I'm not thinking about it too much. But if I was heavy in my checking account, I'd go the safety deposit box route. Just remember to read up on whether or not your bank treats these boxes as belonging to itself in the event of failure.

>>17900708
Two months ago, people were saying 'ridiculous' about the situation we're in now. I'm not saying total collapse. But Baltimore, New Orleans style situations in every city with a black population? Could happen.

>>17900675
my only issues with it is
>heavy as fuck
>xbox huge dimensions
>9x18 instead of 9x19
>I need to do something about the sights
but
>built like a brick shithouse
>smooth smooth smooth action
>never has jammed on me

safety on it is weird, it's much safer to carry it with one in the chamber and hammer down, necessitating a long trigger pull of the double action for it to fire, rather than putting one in the chamber, having the hammer cocked back, and having the lever thumb safety preventing the cocked hammer from striking, as those safeties are often disengaged just from moving around while it is in it's holster.

so there are many drawbacks to it in the holster, and but out of the holster, it is a very nice pistol.

>>17900571
wait for the fed pump. Tomorrow morning you shouldn't be watching the funny lines going up and down. You should be in church. Praying. Praying that 850billion is enough.

>>17900686
>anything Ruger
i was looking at Ruger LC9s for awhile.
Nice cheap little thing with a good reputation.

>>17900698
> listen mate, if you have any confidence in the united states as a country, just leave it alone
Total clueless autistic retard that wants to play stonkbroker has no clue what a secular bear market is and that it can last 20-30 years just like the 30 year secular bull market that ended a week ago.

>>17900744
>bank safes
oh no no no... when you sign the agreement, there's a clause that limits the amount the bank is liable for in case of loss or damage. terrible idea lmao

>>17900624
welcome to /biz/ kid, nothing personal

>>17900664
it is over until we get a vaccine for coronavirus, no amount of fed pumping or stimulus is going to make that go away and the markets will keep panicking until some optimism on that front emerges.
and the fact multiple governments went with the herd immunity strategy doesn't help, with the UK uturning LMAO, what fucking retards.
>>17900730
perhaps the single dumbest moment in history. I still can't believe he was retarded enough to think the market would hold

>>17900761
quality post, retard

30 min to premarket trading.

>>17900773
>... limits the amount the bank is liable for in case of loss or damage

That's why there's private insurance for them. Very cheap, too.

guys ligma bALLS lol

>>17900761

if we're in a bear market for 20-30 years im going to have bigger things to worry about other than 100k in depleted stock

>>17900791
Hang Seng is -5.1% right now, one more bad bear plunge and its sub 22k

Would now be a good time for a total beginner to start learning this stuff?

>>17900745
Double action is the way to go I don’t fuck with safeties.
Literally no complaints with the cz75 except perhaps it’s only 9mm and the 22lr kit is a little awkward but works.

>>17900831
Once in a lifetime opportunity to make $1,000,000 on the stock market from $10,000. Learn and learn quickly.

>>17900831
Sure. However keep in mild that the volatility going on right now is waaaaaaaaay outside the norm. Things normally do not move this way so your learning experience will be different than normal market conditions.

>>17899999
>>17900000

>>17900866
digits went to a furry

>>17900350

>>17900851
>>17900853
Do you all really think buying puts is a good idea? Aren’t they expensive as fuck right now?

>>17900851
please tell some starting points. is reading investopedia enough? what did you do to learn?

>>17900881
If that isn't the sign of total economic collapse I don't know what is

>>17900866
The US is fucked

>>17900379
I'm a doctor and given the sentiment in the last weeks I'm expecting at least 50% of the medical personnel at my hospital to stay home and say fuck it once shtf. It's already happening in my gfs hospital, and we have minuscule amount of cases or deaths right now.
People don't want to die, even less so for strangers.
It's really interesting here (Europe), everything has been shut down, everybody is waiting for the happening. I think people will start believing it won't come in a few days, and then it'll hit them.

If I have SPY puts for 4/17 should I wait until the last week to sell them?

>>17900889
yes, premium is outrageous. ignore that pipe dream about 1 mil from 10k for the average joe. that happens if you continually go all in and everything works in your favor.

>>17900897
good starting point, but if you're the kind of person who hope something will be enough and doesn't understand the learning goes on forever I wouldn't bother starting at all.

>>17900934
>1 mil for the average joe is a pipe
Just give it a few months ;)

>>17900889
Puts are expensive, but remember that return is almost unlimited. Don't bet money you can't afford to lose and never go in without understanding.

>>17900897
I've read a decent amount of economic literature. Reading random articles (can't remember which) on options was enough for me to get into them. My brokerage, Robinhood, helped too.

Hong Kong HSI

>>17900931
Depends. Are they in-the-money? If they're in-the-money, by how much?

>>17900950
>Just give it a few months ;)

That worries me.

>>17900929
show you hospital keycard with the face and name blurred out otherwise stifle your fucking fud, I know alot of doctors and all of them are genuinely passionate about caring for patients, no one wants to walk out.

>>17900513
It doesn't have options.

>>17900963
Yeah no thanks. December would have been the month to do this.

>>17900971
I love how all the Chinese exchanges have a lunch break. So they can go eat bat soup.

>>17900987
I know a few nurses and doctors who I hope get infected.

>>17900987
Sure I promise if you dox yourself first.
I'm sure your doctor will be happy to die for giving you symptomatic treatment.

>>17900990
Even feb would have been early enough

>>17901003
That’s the doctor’s fucking job and if they abandon their posts I hope we kill all doctors when this is over.

>>17900929
>I'm expecting at least 50% of the medical personnel at my hospital to stay home and say fuck it once shtf

Years of being neglected and shat on by superiors does not lead to good morale. And for staff to not even get some sort of additional pay raise or bonus or benefit in a time of sustained crisis is laughable.

Between the inevitable staff dropout and sick leave debacle going to have a major 'rethink' across the board once this crisis is over.

>>17900990
The shit is just starting to hit the fan, anon. We've barely broken 2017 levels of valuation on the indices. Many companies are still pie-in-the-sky.

>>17900971
Europe predictions?

where can i see the s&p500 etf premarket numbers

>>17901003
What about the elderly infected developing bacterial pneumonia needing monitoring and antibiotics, what about surgery and management of patients with other cases other than covid. Maybe you are a doctor but you're probably just a Psychiatrist

>>17901003
>work in infectious disease hospital
>noooo I don't want to work with people infected by a disease
Hmmm

Race riots over triage may be the thing that pushes the banking system into total collapse. They're at 0% reserve requirements. That's one thing that they're probably not pricing in at this point.

>>17901034
My moderate prediction is complete collapse of the EU

So when are earnings hitting (the floor) ?

I don't understand the griping on SQQQ

If you bought it at 25 and it goes to 30 at open you made 20% for not doing anything.
Are there other fees or something that make 25 not 25 and 30 not 30 or something?

JFC why do I think it’s going to be different. It’s litterally the same fucking shit every day.

>>17900971
hit 22036 around 3:15, sadly doesn't seem inclined to veer that far down again.
>>17901034
-4% at least all around, but I don't think we'll be plumbing the depths like Monday

>>17901039
https://www.tradingview.com/chart/?symbol=CME_MINI%3AES1!

Were at limit down fren theres nothing to see

>MFW I was hoping for a green day so I can gorge on some Inverse ETF longs and Bear ETFS

>>17901062
I’m in the same boat here.

>>17901050
the retards here bought in at 30+

>>17901019
It's funny how people here are NEET parasites shitting on "wagies" all day but then expect the wagies to make the greatest sacrifice for them.

>>17901042
I don't work in an infectious disease hospital, whatever that is.

>>17901040
I'm not. But psychiatrists do a very important job. My gf is a psychiatrist and it's at her hospital that leaves have been skyrocketing. It's also a race to the bottom I think, many people would be willing to do this as a team, but who wants to be the idiot that's gonna die because he didn't nope out like other people?

I'm not saying I'm staying at home, I have confidence in my immune system. Just from how some nurses acted lately, how masks and disinfectants got stolen, the general sentiment, you just know that when push comes to shove everybody's looking out for themselves and their close ones.

>>17901040
Oh no! Someone think of the boomers!!!

yea, nah

>>17901039
Google "SPY stock".

>>17901039
>>17901062
>>17901070
Premarket is going live now. Yahoo or google finance have it. Just type in SPY and you can see it.

>>17901074
TVIX moves more.

>>17900379

For my friends and family, for life and all creation, but not for this reality. We were already slowly marching ourselves toward doom and it didn't seem like we would be unable to unfuck things. Hopefully this way it's quick. The finance fags still talking about buying the dip or being enthusiastic about being liquid so they can invest in the post-crash world are just as delusional as the people saying everything is fine.

>>17901074
Wait aren't you supposed to buy them high to sell low since they're inverse?

>>17901091

lmao this. money aint worth shit if we're back in the stone age. i need to start workin on my club swinging skills

>>17901097
i kek'd

>>17901080
basically the boomers will (again) take spots and resources that would otherwise go to other people.

Could be in for a juicy day if oil keep dropping. Oil businesses outside Arabia will literally be unprofitable

How would I go about finding the valuation of a stock if a hypothetical amount was used to buy back shares?

Say a stock is trading at $10 per share and someone spends $200k to buy back shares, how would this affect the overall price of the share?

What's the formula?

>>17900043
Are people buying all the TP in Alaska too?

Alright lads, how far we falling today?
The futures are lining up for another instant circuit breaker I think

>>17901019
>job
>post
>kill all doctors!
OK well first it's a job not an obligation, unless you're in the military you're not abandoning your post or even shirking your duty
Secondly a doctor's only oath is to do no harm
Third, *plenty* of people finish medical school only to find out humans are gross, medicine is a often a repetitive chore, and those people either burn out or end up in research

As for the original guy's point that some medical professionals (which is everyone from doctors to scrubs wearing lay staff that empty the garbage) might not be showing up to work because they fear for their lives, nobody really knows if they're a coward or not until you're in a life or death situation.
Incidentally you also don't know if you're going to faint at the sight of blood (real blood, not a cut or a scrape or gore.webm) until you see a surgery in person.

>Oil prices falling along with gasoline prices
>Can’t go out anywhere due to coronavirus
I see your clever game, Jews

>>17901120

even if you could calculate that, how do you factor in that this isn't a one-to-one trade in real life? it would have to account for unlimited factors.

this is above my brain-grade but i'm pretty sure that's just not able to be calculated

>>17901079
anon are you a first year resident? Hospitals have departments for disease management and quarantine? Are you really just a janitor at a hospital larping as a doctor?

> psychiatrists do a very important job

Aha yes they make excellent administrators of the largely unpublicised Stage 5 Antidepressant drug trials.

BA down 16% premarket
GET FUCKED BOOMERS

>>17901113
Exactly, the whole medical system pretty much exists to prop them up at this point and the younger generations are paying for it.
(at least in the UK, fuck the NHS)

So when does silver/gold start going up in depressions/recessions

There's no real trading done during the market anymore.

>big dump/pump premarket
>crab either way market open to market close
>big dump/pump aftermarket

>>17901108
The one thing the perma bears don't understand. They need the system to survive. If it dies, so does their profits.

>>17901110
Wait that wrong????? FUCK

>>17901139
holy....

>>17901145
No ones a permabear. It's going to recover. Just not for a long time.

>>17901139
Holy mother of fuck.
That is it. I am cashing right the fuck out

>>17901120
Depends on the order book.

>>17901139
Oof. Although it and LMT are on my watch list for buying up cheap. BA under $100 is pretty good target.

>>17900897
Kamikaze Cash has some good tuts on YouTube

He is a redditor tho

BUY ENRON BROS IT'S FREE MONEY

>>17901120
Buybacks occur for a year or more, the buyback capital is dispersed throughout that time frame so you cant really cleanly calculate it.

>>17901135
Yeah I know, I'm new to all of this. I'm just trying to figure out a rough estimate of what would happen if a company used like 75% of it's free cash flow to buy back shares.

I know a lot of things need to be taken into account but are you able to think of any very simple calculations?

>>17901039
Rookie numbers, basically where we were during the early morning dip yesterday. I need more dahmps

>>17901151
>No one is a permabear
Tell that to ZH and /pol/

>>17901117
they've been unprofitable since we dipped from $50 per barrel, shale needs $30 per barrel to be profitable. Well see $10 per barrel in a month.

Couple that with all the debt their in with no cashflow, expect announcements of restructuring soon, by then it'll be too late to short.

>>17901135
>>17901155
Don't firms moving large amounts of money (millions of dollars) at a time have to actually break up their trades because otherwise they'll move the needle up a little?

A dumpster fire.

>>17900466
oh yeah baby, yes i did, OTM at 248 during the last minute pump

>>17900466
I bought SQQQ because I was too retarded to buy TVIX.

eurofagbobos get up already and report in

>>17901137
I am not a first year resident. Just because you hate your psychiatrist because you associate her with all the frustrations of your maladjusted existence doesn't mean that she's not doing something very important.
It's interesting how people seethe when somebody claims to be a doctor. It's not as high-paid or as glamorous as burgers seem to think here in Europe. The pay is okay but overall it's not worth it for many I think, it's just that once you went to school for all these years you have few transferable skills.

>>17901129
Very few people would be willing to die for somebody else, and even less so for people that wouldn't even attend their funeral.

DAX didn’t open. What does it mean?

>>17901142
>So when does silver/gold start going up in depressions/recessions
Nobody knows, lately that whole notion has been getting tested.
My boomer mother has a bunch of physical gold (in a safe deposit box) and I kind of want her to liquidate it because it doesn't really seem like "gold is a safe haven" is true anymore

Some people are saying it's because of the paper gold trade (there's more IOUs for gold being pushed around than actual gold to back up those IOUs) and other people are saying zoomzooms just don't value or understand gold so they don't flock to it.
Another theory I've heard is that banks / firms / etc are liquidating gold to cover shorts or margin calls (that seems like something that could be affirmed or refuted based on volume but I'm not even sure if you can really see volume of gold selling)

>>17901184
This shit's dumping all the way back to 200 and staying there for another 5 years isn't it?

>>17901223
Already here buddy, my shorts on the ftse are printing

>>17901184
My puts would be in the money if I hadn't given up waiting for this shit to finally die. Then again, they were to expire on the 20th

>>17901197
I'd do this shit fulltime if I knew how to make this money without the market having a seizure.

>>17901145
Permabear is possible. What’s the fed gonna do? Run out of interns? Run out of money? Bears maul em

>>17901228
merkel will forbid shorting

Let me guess, it's goona pump at open.

>>17901139
>BA
>sub100
>Yes child go cry to daddy
>tell him you need a bailout
>beg him to prop you up for 6 months
>I'll keep dumping
>I wont stop dumping
>The money will go from daddies pocket to my pocket

>>17901154
You decide to get out now... kek

What puts do I buy???

>>17901272
>>17901272
>>17901272
>>17901272

the contagion that is /smg/ spreads to a new thread

>>17901272
>>17901272

>>17901272
>>17901272

go

14,000 to 8,500 in a month for the DAX

>>17901165
Do buyback periods have a minimum amount of time? So theoretically could a company have a buyback period for say, one month?

>>17901250
If the system collapses then it doesn't matter how right you were to short. That's what it means dipshit. That's why bulls win long term, because if they don't your money becomes worthless. Better hope you can barter with something other than your paper crypto.

>>17901227
>Very few people would be willing to die for somebody else
It's called self sacrifice.
I get that as a euro (probably genetically german) you have a limited capacity to understand the value of human life, but for those of us with the empathy gene we actually find it deeply rewarding to put our lives at risk to save others.
Every first responder is, by the nature of their job, risking their life for someone that probably doesn't know them.

>>17901175
They don't have any money so who cares?

>>17901239
Hopefully

>>17901139
Everybody should just set a buy limit order at 50% of the last trade for BA. (50% is the limit btw for limit orders.) Everybody buy BA at 63 lol

>>17900466
Buying uber calls since eats will be yuuge during Corona.

>>17901227
I don't have a psychiatrist. I've had yearly checkups with a psychologist because its included in my health insurance and they never referred me onto one. I'm not a burger either and I harbour no disdain for doctors, both of my parents are surgeons and I didn't see them most of childhood because of it.

I just can't understand how a doctor out of residency doesn't know his hospital has a quarantine department, are you a Ukranian doctor?

>>17901327
The uber drivers are going to coof on their food though.

>>17901197
expiry?

>>17901241
country ?
>>17901249
just buy puts

>>17901270
I just pulled all my money from the ATMs.
Have to stay ahead of the curve hombre

Drop like a rock and roll me in flour.

>>17901357
1st may

Fun stuff
https://mobile.twitter.com/jeremycyoung/status/1239975682643357696

>>17901372
Based

Base

Bas

Ba

b

>BA

Please reassure me /biz/. We are still in a bear market right? I'm 750€ down.

it's gonna get worse right, there's more time to stock up on inverses and shorts right

i sold all mine monday with only 110% return and i want
m o r e

>>17901488
ps thoughts on SPY 200 4/1 put, too ambitious?

>>17901501
i honestly think this is more or less bottoming out slowly, perhaps 220 would be absolute bottom, might be wrong

>>17901404
96% survival rate is still pretty good odds for old people. I'd buy call on boomers

>>17901354
Once cases increase sufficiently and all the makeshift ICU beds that can be improvised are used a lot of health care personnel will get infected. You can protect yourself all you want, some risk remains, and from there it's just statistics. Some have already gotten infected now, while we still have sufficient regular capacities. "Just use the quarantine department", I could imagine a surgeon saying something like this.

>>17901296
>I get that as a euro (probably genetically german) you have a limited capacity to understand the value of human life, but for those of us with the empathy gene we actually find it deeply rewarding to put our lives at risk to save others.
Now that is shitposting. Maybe instead you would like to die for me, I would remember you as very heroic? Are you man enough to die for the ungrateful masses?
> Every first responder is, by the nature of their job, risking their life for someone that probably doesn't know them.
Mostly not, and if so, not foreseeably.

>bongs delay their shitty charts by 15 minutes so I can't even stock up on their QQQS cheap because I just don't fucking know the price

How low will it go lads

>>17901569
220 is bottom for me,

"free market"

>>17901595
What's 220

>>17901609
spy bottom

>>17901617
How low willl NASDAQ go

Shorting is pure speculation but I guess it has to exist or else someone would find a way to implement the next best thing.

>>17901650
Shorting is simply betting a company is full of shit.

If a lot of people are shorting it's not an issue with the people. It's an issue with the market.

>>17901639
they are correlated, so i guess you could take the same percentage drop for nasdaq as well

Hello guys how low will markets go. Or has the damage been done and they just float around this mark for a year or so

>>17901661
Selling is stating a company is full of shit, shorting is gambling everyone else agrees with you.

alright guys, i remember that pol post that mentioned the moment it explodes in brasil time to go short big time

https://archive.4plebs.org/pol/thread/241674007

i just got a message from a broker that brazil is now in the high risk area , should we buy extra puts today

>>17901722
Seeing as most businesses are closed and remain closed, the markets will keep going down while most businesses aren't making money
Once shit reopens it'll go up but then down again as the market remembers "oh shit, the quarter(s) when everything was closed are bad!"

So I've decided if I can sell everything for more than 15k I'm going to give my notice at work. Fingers crossed.

Hello guys how low will markets drop for, or has the damage been done and they just float around this mark for a year or so

>>17901809
Also leaning towards just slowly selling off as I think today and tomorrow will be red.

>>17901809
>quitting work to become a full time poker player
good luck friend

>>17901814
Dude just stop posting and lurk. Tomorrow we will see like 2100 posts, I'm sure there are plenty who will say their prediction but if you keep asking for it and sounding like a fucking retard underage tourist, then you will get no replies

Hello boys, how low will markets decline for, or has the damage been done and they just float around this mark for a year or so and then increase?

>>17901840
This. Plus it's such a retarded question to ask.
"Will it go down?" is a question somebody can maybe answer with real world information
"How far down will it go?" is pure crystal ball shit

>>17899786
You mean the same shit Trump talked about yesterday? ... I'm sure onions boys will use their $1k to purchase stocks, this driving the market higher. Surely they won't be using it on rent and food.

>>17901879
Check cashing businesses will definitely surge

>>17900067
Options on vxx

>>17901773
He doesn’t understand what shorting is

>>17901859
We ain't getting out of this shit for another month at least, and that may just slow the bleed

>>17901924
Are you accusing me of not know or the other guy?

I'm saying I think borrowing stock you don't have from your stock loaner with the hope it goes down at a future date so you can buy it back at a profit s purely speculative (as opposed to the original intent of stock being a kind of mini-stake in a company).
Selling stock you own is signaling you think the firm is less valuable than some alternative (whether that alternative is a better investment or cash), shorting is you gambling that everyone else is going to sell.

You might be fundamentally right to short a stock that's a piece of shit but if the rest of the market doesn't feel that way, you were "wrong".

HOWEVER, I think making shorting illegal across the board everywhere would be useless since some enterprising person would find some way to create the next best thing because there's a demand for it.

>>17899760
I hate living in Australia. I was going to short at close but decided to sleep in instead since us markets close ~6:30am in the morning over here. Guess I'll wait for the next pump and short...fuck my life

>>17901040
>What about the elderly infected developing bacterial pneumonia needing monitoring and antibiotics, what about surgery and management of patients with other cases other than covid. Maybe you are a doctor but you're probably just a Psychiatrist
In Wuhan they basically thrown all regular patients out of hospital and make every resources and every personnel focused on treating corona patients

>media describing China as 'post-coronavirus'
>media pretending that China isn't just making all this shit up
>media believing the Chinese statistic of 'one new case'

Holy shit. It's like at my pharmacy job where we fake all the blood pressure screenings we did and middle management just eats it up.

>Britain unveils ‘mortgage holiday’ and £350 billion package to support businesses
BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>>17899887
>How does /biz/ cope with knowing that the government can turn their valued money into toilet paper in an instant?
Do you have any idea how much money I could get with all that toilet paper if all my money turned into toilet paper?

I could fucking retire.

I've got $15000 cash and $1600 in AMD
What stock to buy in the dip and what broker to use? My AMD is on Robinhood.

Bear Bros, my hands were too slippery yesterday. Please tell me it's gonna pump today. All me profits are on the line here. I know the market crashes soon, but we've got at least one more good pump right?

>>17901932
>We ain't getting out of this shit for another month at least
It'd be several months and that's the quick route where we just let the boomers die.

The three options
>let it burn
Everyone gets it instantly, we bury the dad in mass graves and move on
>let it smoulder
Let a bunch of people get it and then shut everything down for a few months, rinse, repeat until everyone has had it. Bunch of people still die, but it's half as much as let it burn
>deny it oxygen
Shut everything down for like 5 months, then open and close every other month while trying to purge it with tracing. If you never purge it this keeps up until the vaccine drops. Way less deaths, but complete economic collapse.

Borders remain closed in all circumstances.

>>17902221
ta gueule pédé

friendly reminder, Brazil is in the news, Santos port is shutting down, SPY will drop so massively you have not seen smth similar