/biz/ - Business & Finance

Is it possible to make this much money when the market isn't shitting itself?

Reminder that his massive, bloated pig still has gallons of blood to bleed out

>didnt put /smg/ anywhere in the title or post

good going retard

>>17901290
When it's mooning with calls.

14,000 to 8,500 in 1 month on the DAX

have we bottomed out?
it can go any lower right?

>>17901304
AAAAAAAAAAAAA I knew I forgot something
I'll remake it

>>17901272
>no subject
Nice one, dipshit.

>>17901290
Yeah everyone was doing it a month ago with calls. Of course they all lost their money when this happened.

>>17901312
It hasn't even begun. Panic hasn't set in yet. Wait for Cramer crying on TV, advising people to sell, that's your buy signal.

Where do you guys think US Crude Oil will be in a year from now?

Boeing should not receive a bailout unless it first cuts its dividend to zero and until it sells all the shares it repurchased over the years. Taxpayer money for a bailout should only be considered after Boeing exhausts these sources of funding first.

>>17901333
At an unsalable level

The saudis smell blood and realize this is the moment to strangle all their competition on earth

>>17901300
Lmao AMD to 40 is my new indicator for the next crash in ten years.

I just want cute anime girls and a chance to buy into the market

Being bearish doesn't drive down markets, markets getting driven down makes you bearish.

Stupid fucking bulls.

>>17901343
B-but the Saudis are our beloved allies, r-right?

>>17901359
I wonder if the remaining bulls are just retards who cling to it like Bear vs Bull is some sort of console war, and whichever side you subscribe to you must indefinitely shill for.

WHAT THE FUCK YESTERDAY WAS ALL GREEN

>>17901333
Completely passe as a fuel source. We'll all be using hydrogen fuel, which ironically with its emission of water will cause more ecological damage than hydrocarbons ever did.

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

>>17901391
I don't know shit about stocks and even I knew it was a dead cat bounce.

>>17901347
Different reasons for each pump. This one has the best odds of holding up. P/E is going to halve yoy. Intel floundering to catch up. Computing only going to play a larger role as everyone continues to engage in, "social distancing", as if they weren't already doing that anyway.

>>17901359
This, I can understand not wanting to get puts or involved in shorting, but to be bullish right now is to be retarded.

>>17901341
they're a defence contractor, the US gov will pull out all the stops to plug the bleeding so the don't have to re structure.

Cant wait to see the VOX article featuring AOC slamming The P(UMP)OTUS's bailout

>>17901312
It can go lower and likely will tomorrow.

>>17901396
I guess it depends on if the market believes in (or cares about) remdesivir

Why not nationalize boeing?

>>17901418
>remdesivir
Is there new news about that? Have the trials come back positive?

>$TSLA desperately climbing up to 400 pre-market and getting rejected.

>>17901333
$60

>>17901425
We already have a nationalized boeing its called the air force.

>>17901425
If they're part of the industrial military complex, then they have way too many lobbyists protecting them from that.

If AAPL keeps dropping before open, I would be soo happy.

>>17901436
>>17901449
So they take the profits and make everyone else pay the losses?

I haven't slept in 2 days? Is this what it feels like to be alive?

>>17901427
There's some dubious news: a guy in california was "cured" except he was already well into recovering and the drug was administered over the course of 5 days.
I don't think the china results have come back

Cramer had some ceo on (not sure if it was ceo of Eli Lily or Gilead) talking vaguely about "cure this summer, a year away at most, we're confident we'll have it out in 5 years, it'll absolutely be done in 10 years at the most, frankly I wouldn't be surprised with all the fast tracking if we don't get it done in 20 years"

>>17901353

>>17901461
They also make the government buy contracts they don't need from them. Hence the enormous military spending bill.

>>17901461
Yeah but its not just we pay the losses, the government is getting jet fighters, missiles, satellites out of it. So the government is a big client of boeing and others that they will help them out because the air force isnt going to buy planes from airbus or any non us manufacturer when it comes to top secret tech.

>>17901467
Go to sleep

I hate how air france is doing fine

>Oil 25

>>17901483
I already tried. I'm like a kid on Christmas-eve. Just to hyped up.

>>17901467
what good is it making money when you dont take care of your health senpai

>>17901431
>>17901333
It feels like oil is more trustworthy and yields more than a bond at the moment.

>>17901341
>Boeing should not receive a bailout.
ftfy. They will get fully bailed out with no clauses and the money and deep inefficiencies will just continue on until the next crisis (and the next bailout).

>>17901402
My friend was brand new to stocks when it got past 33 and I didn't touch it or really look into it. I'm eagerly awaiting for the day when pic related is relevant again

>>17901487
LOWER
LOWER
LOWER

>>17901497
I spent the last year wage slaving and oversleeping. I'm talking 10-12 hours a day. Literally work, chores, and sleep. Couldn't stay awake to play games or do any of my hobbies. Now I'm getting into Stonks and making money and it has my jacked the fuck up. I feel like I'm on amphetamines. First time I enjoyed doing anything in a long time. I'm addicted.

>>17901487
Welp there goes my job in a few weeks.

>>17901524
>echoes in front of the temple

mein neger

WTF ALL THE SHORT-CERTIFICATES THAT MY BROKER HAS AVAILABLE ARE NOT WORKING. AAAAAAAAAAAAAAA

>>17901529
buy some cigarettes anon to smoke while you watch the funny lines. I feel like Gordon Gecko watching my puts appreciate

how do you decide where to put stoploss/takeprofit?
with 3x etf i feel like its sort of arbitrary when i decide to pull it.

> SPY recovering
The actual fuck

Reminder that you're crashing the market and the livelyhood of billions of people and therefore a criminal if you're shorting .

>>17901575
best to execute live anon, watch the graph and the the order book spread

>>17901581
>NOOOOOO YOU CAN'T JUST BUY AFTER A 35% DROP!! KEEP CRASHING SO I CAN MAKE MONEY BY BEING A SOCIOPATH!!

>>17901333
$45. People inside the Russian interior ministery are talking in years, the Saudi's will have to cut spending, the US could build up reserves. China is pumping hundreds of billions into Iranian oil infrastructure. It isn't going up any time soon.

I have a NFLX put $255 03/27...good idea to hold till early next week?

>>17901586
Good, what good were they going to do with it?

>>17901565
Smoking makes you more vulnerable to the virus though

How low will Tesla go?
it reached December numbers

>>17901586
market crashing, no survivors
select all squares with traffic lights

>>17901611
You're still leaving your house?

>>17901612
I could almost see sub $200.

>>17901612
tesla wont recover even after the dust settles, who the fuck wants to pout 50k into a wind up shitmobile when gas will be $10 a barrel

>>17901607
Risky, but Friday's have been pumps so either Thursday or hold until Monday

>>17901591
i'll take your word for it. if i get burned then on your head be it.
however there's gotta be a good equation to do this for me, so i don't have to wait around on it.

>>17901670
your etfs are naked not derivative yeah?

>>17901652
it's not just about the cars smallbrain

> CNBC opens with montage of traders in pain
I love it

How the fuck is SoftBank still in existence? Every time I hear about them it’s because of some terrible investment they made

that bloomberg reporter in london is corona-sick as fuck hahaha

Why the fuck is all the Physical Gold shops sold out?

>>17901686
yea, but i usually put a trailing stoploss outside a standard deviation just as a bulletproof vest.

>>17901633
Gunna have to in 2-3 weeks.

>>17901745
Yup, I fucking love it

>>17901693
aight I'll field your dogshit pass. I'm not talking about the cars I'm talking about fucking energy. Why would the leyman spend exorbitant amounts of money to run his energy consumption on electricity when oil is so cheap and by consequence so is natural gas and coal. The oil war has undermined the value margin that tesla had while oil was exploding in price.

I'm sorry you underestimated the outbreak and lost on tsla calls or were caught with your dick hanging while loaded on tsla like a fucking pack mule. Shit wont recover till the oil wars over screen this if you want.

>>17901586
cuck

Fuck AMD and their internal price manipulation, I can't wait for them to drop to 2$

>>17901769
>Why the fuck is all the Physical Gold shops sold out?

Prepping for collapse of $USD. It's going to be really hard to barter with gold coins though when they hold such a high value. Anybody have business ideas for the post-apocalypse world?

>>17901817
Have a file and sell the shavings.

>>17901815
Mood.

>>17901817
slave trader

>>17901775
its risky tho since since the opening price movements can be so wild. IDK I don't have anything better to tell you other than experience has taught me that low vix punishes greedy goblins trying to time a bottom, just afterage in after the first dead cat, don't try maximise profit from a single trade, your long term strategy should pay out if you play it with a cool head

>>17901817
Mechanics and farmland
No matter what happens, man gotta eat and travel.

guys really live in apartments like this

>>17901837
it's just a change of pace for me. my portfolio over the past few years has just been picking up stocks periodically, price agnostic, or fucking around with crypto not very seriously.
i don't really know the rules for etf daytrading and i want to avoid burning myself while i figure it out.

>>17901817
Having a readily-available source of water and good filters might also be a good idea
Having generators and fuel and charging plebs for it is also viable.

>>17901837
I'm trying something new >>17901458 I put an absurd sell order on the 170 AAPL puts to try to hit the retarded opening candles. I doubt it'll work, but if it does I'll have 10k just from that.

got 20K in my account what should i buy?

>>17901817
Distilling.

>>17901878
jesus fuck dude your contract expires in 2 days

>>17901882
Bitcoin.

>>17901882
onaholes

>>17901882
a noose

>>17901848
that's my dream

>>17901892
No, the 240 does, the 170 does next week but will be sold by Thursday.

LOOKING DOWNWARD FROM THIS DEADLY HEIGHT

>>17901896
gotta have something to do during quarantine

>>17901941
Vidya and liftan
Given the current state of the markets, I will be on permanent unpaid vacation soon.

>>17901586
Based, I hate people and think criminals are cool

For me, it's young Lisa Su. Too bad that $AMD will shit the bed. Economic recession means no more s*boy toys.

>>17902036
I don't find her physically attractive but I'd fuckin marry her shes a genius. Hearing about how many transistors she can pack into a 7nm die with efficiency architecture that outpaces the last by a generational leap will be enough to get me hard.

>>17902036
It better, muh puts.

>>17901974
Same brother, I'm already off, my job site got shut down.
Loaded on cans and protein powder so i can chase some gains.

>depression proof job
>it's taking xrays of peoples lungs

>>17901882
>got 20K in my account what should i buy?
$slv Options.

I WOKE UP AND THE FUTYRES ARE EVEN REDDER THAN THEY WHERE BEFORE I WENT TP SLEEP.


HOLD ME NOMMY.

has the fed made no annoucement of mor poomps or are they just gonna let us hit breakers, how long can this fucking go on for?

>>17901848
Imagine the smell.

>>17902102
you can only have so many -10% days

Strongly considering writing options to make money off of the premium. Tell me why I shouldn't risk $10,000 right now to make anywhere from $400 - $500 a week!?

I got screwed over with options months ago and lost a lot of money. I was figuratively picking up pennies on a train track only to get ran over when a hard run up occured.

>>17902136
18 decimals

what are the odds you lose everything you put in BA if they hit 0 and delete current stocks in bailout

>>17902102
No reason to pump.

Let it bottom. Italy, Spain, etc will give visibility on the extent of virus soon. The actual pump will be treatment clinical trial results.

all the fed did was secure the recovery once we stabilize the virus panic.

>>17901586
Feds are the real crooks for creating this bubble. I'm helping deflate it so we can return to prosperity more quickly.

>>17902165
>secure the recovery once we stabilize the virus panic
W-what about my super depression and end of the fiat?

FUCK MY BANK ACCOUNT IS VERIFIED BUT I CANT CALL THEM TO GET THE AMMOUNTS. I'M A NEWFAG YEAH BUT I WOULD BUT PUTS SHIT FUCK.

Like no matter what fed does it won't do anything

The equation has this component

X months of reduced economy

As long as X is variable up to 4+ months, not to mention panic, it won't bottom.

Regeneron, moderna, gilead, climate itself, and cases peaking in Europe are the next actual capable pumps.

Even 1 trillion in federal government stimulus doesn't do anything to bottom market

It's when investors can look out and have visibility on what they are dealing with. Especially those caught unaware.

The game is about not losing, and they are risk-averse.

Basically fed pump is only securing a faster recovery, but until people know how bad it will get that is not factoring in their decisions that much.

Also there is a huge amount of panic and momentum to the decline.

I sold all my leveraged products. I already bought them back 2 times, cheaper each time, but gave up.
Going to sit this shit out now...

>>17902186
Do you guys seriously think it's just magically gonna be over at this point? How the fu k do you think economies work? Dude they work through people getting up and going to work and doing labor.

If all of that suddenly stops, everything becomes worthless. People are loosing jobs as we speak. It doesn't matter if this is panic induced or not. Now we are bleeding real world jobs and businesses.
We are past all the fictional Capital and are starting to move into real world Capital. And considering that these companies were at an inflated ass profit margin like that bullrun, oh man we are fucked.

>>17902206
Never going to make it.

>>17902195
it isn't going to recover as long as most countries arent on total lockdown. Only belgium, spain, italy and france are on lock down so far.
Germany, netherlands, UK all haev to go on lockdown first. not to mention the US.
and who knows how absolute shithole countries like brazil are doing?

Ok, I want to slowly start investing some small money into stocks, guess I should still wait though, right? I have my eyes mainly on AMD and Activision Blizzard, but I am open to ideas please.

>>17902214
it's magic, dog. it's monopoly money. it's not real.

>>17902186
Squeeze fodder

quick retard question,
if you buy 5 contracts in one order and sell them off the same day, does this count as a single day trade or five day trades?

thabks

Should I sell this deep ITM boeing put at a loss? I think we are going down further. A bailout has only been promised, but thats going to take some time, right? Were only at 2017 levels.

>>17902220
Brazil are being more intelligent if Bolsonaro keeps calling the virus bluff.

>>17902220
Bolsonaro has balls and is properly dealing with it better than the non-shithole countries.

In an interview on Sunday with CNN affiliate CNN Brasil, Bolsonaro called preventive measures, such as banning mass events, "hysteria," and said that the economy came first. "When you ban football and other things, you fall into hysteria. Banning this and that isn't going to contain the spread," he said.
"We should take steps, the virus could turn into a fairly serious issue. But the economy has to function because we can't have a wave of unemployment," he added.

>>17902222
Buy Galapagos. Biotech company with filgotinib currently for approval in RA. UC will be next. Followed by CD, AS and PsA.
Not to mention they currently have the most far progressed IPF drug in phase 3, which I think will show very promising results.
They can easily go to 20 billion if filgotinib does what it should do (it will probably be best in class), and if their ipf drug succeeds 35+ billion.

>>17902229
single trade. Your trade is whatever pops up in the order book.

>>17902278
thanks daddy
im sending early morning gains your way

>>17902251
didn't their markets implode on monday anyway, pretty sure they saw the worst losses in the WORLD

>>17902294
EM gets that in downturns. Also market valuation is not real economy. Brazil shutting everything down would be a big stupid mistake.

>>17902233
just b urselfie

Dubs picks the new rank of today's crash

>>17902303
true yeah, aren't they still reeling from the blowout from the olympic and world cup expenditure? they have some insane wealth inequality so I guess their market valuation probably doesen't affect the average persons life alot

>>17902316
1907 for sure, checkem

>>17902330
We can shut down economies every flu season if you wanted. Save more lives than whatever we are doing now.

This is pure illogical panic by governments afraid of backlash.

>>17902344
Not bad

>>17902316
1987

>>17902065
Where this scene from?

>>17902361
Probably blood meridian

>>17902316
#1

Italy has 60k extra deaths from flu every 4 years or so.....

They've lost under 3k so far. The economy got shut down.

It's under 0.5% fatality rate and effects elderly/retired.

It's actually retarded to lock down over this instead of letting it spread.

>>17902344
FUUUUUUUUUUUUUUU

https://www.youtube.com/watch?v=DU5Vu7XBpzg
>china

>>17901817
Ducat based economy. Would you like to work on my Fiefdom anon?

>>17902373
but with the fly the hospitals arent overrun

Is this the start of a post scarcity class based society with merchants, workers, artists, and classless with the classless just getting checks from the government to distributed to the other classes as they see fit?

7500 americans die each day
100 have died so far of this virus
at most we have under +1% more deaths this year than normal. Is that worth 30% of economy?

>>17902396
Who cares if they get over run? Tell people the truth and let it happen.

Trying to stop it via lockdown is a worse solution. You're gonna end up like china giving up a month in because every fucking busines

3500 drop today

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

>>17902233
Halt die fest als ob's um dein Leben geht du kleingläubiger, kleingeistiger Kindskopf.


This shit's gonna be rushed through hardcore.

>>17902409
If it lasts a year or year and half

and you decided to stop it via lockdown

What do you do a month into lockdown?

lockdown is fucking retarded, it's the dumbest plan. Let it burn out on it's own, cela

>>17902373
Projected death toll if it is left unchecked is 2.2 million COVID-19 patients dead from symptoms, 1.8 million COVID-19 patients dead from lack of medical resources, and god knows how many non-COVID-19 patients dead form the same.

>>17902409
nigga you will die from apendix

>>17902398

In Italy 150 die each day normally. They have 350 deaths a day from Corona

>>17902316
Still hoping for a -20+% past 3:25pm for freefall mode.

>>17902427
People are so fucking arrogant about their believed invincibility to this disease. It's the sort of thinking that could only happen in a super privileged modern world to people who have never known anything but easy success.

>>17902436

1,500* but still a 20% surge at this early stage

>>17902427
2.2 million death is literally an insane projection.

>Joe agreeing with AOC about if Boeing deserves a bailout
What a wild world

>>17902409

But it's young people too. If they had done nothing, we'd be looking at 100K dead in Italy alone. Look at what's happening in Iran cause the health system is fucked. 3% of your population needing hospitalization and ICU to survive means huge numbers of deaths.

Better to lock everything down for a month and get back to work than have 6 figure casualties.

>>17902423
>What do you do a month into lockdown?
Fuck all. Lockdown would go on for like 5 months at which point they'd lift it and try and eliminate it the rest of the way with tracings and isolation. If that fails, they go back to lockdown once numbers start getting bad again, but sooner and for a shorter duration. Rinse and repeat until they get the virus eliminated or the vaccine drops and is distributed.

>>17902473
>pay outrageous wages to yourself
>buyback like you're trying to become private again
>flights stop for ONE WEEK
>stocks crash
>company goes nearly bankrupt overnight
>gubbmint, daddy, plz save us
Let it crash and burn, says I.
They did it to themselves.

>>17902461
>2.2 million death is literally an insane projection
It assumes about 80% of people get it and the CFR is about .9%.

But that's from the UK's modeling. US modeling suggests 50-65% would get it and a CFR of 1%, so you'd be looking at only like 2.1 million. Way better.

>>17902482
And then some Chinese agent reinfects a large gathering and it shuts down the US for another 6 months.

>>17902501
The beltway shill army would literally stage a coup.

>>17902481
Large-scale behavior change could prevent it as well as lockdown though.

I'm not even sure about this lockdown because I doubt food prep or grocery stores are sterilized to any degree.

It feels like there are way better solutions, this seems to be the worst but easiest.

>>17902251
You can't have it both. Stop the virus, or keep the economy alive for a little longer until the virus force your economy to stop.

>>17902501
Everyone said stock buybacks werent a good idea and every dumb ceo went ahead and did it. And oh look it wasnt a good idea.

>>17902316
1987

If Boeing gets a bailout without becoming nationalized, America is over. There would be no more illusion about it being a land of opportunity.

>>17902523
I can understand companies like Apple with huge reserves of cash doing a buyback but debt financed buybacks are ridiculous.

>>17902504
This...

I've always thought USA should have flu-elimination programs to change behavior, encourage mask wearing when sick... etc. It's so silly we normalized the regular flu.

>>17902522
The problem is corona looks like every other virus that came before, SARs, MERs, Ebola, Zika etc, you cant stop the entire economy every couple years for every virus going around. So they take the chance its just nothing like the previous ones.

>>17902504
To be abundantly clear, expect to be under nationwide lockdowns for most of the next year and a half unless the testing and tracing goes into turbo and is wildly successful in your country.

Hopefully someone is fucking up these numbers badly and shit won't be that bad, but epidemiologists seem to collectively think we're fucked, based on the fact that we were pretty much always fucked every time in the past. We just haven't had a rapidly spreading pandemic of a severe disease since Spanish Flu.

>>17902517

What, is this the libertarian solution to pandemics? 'Large scale behavior change'?

If that was a thing, then we wouldn't have lockdown or quarantine. People only obey their own selfish interests, not the good of all. That's why we have government. Hobbes was immeasurably based.

We are fucked. Just gonna have to deal with it. No easy solutions.

>>17902540
Literally none of those went pandemic. The closest analogue to COVID-19 is Spanish Flu. And frankly that's a shit analogue too.

I'm too scared to get puts or stocks ATM but I want off aud savings asap. Seems like the only thing I can bank on is that the market in some months will be less volatile than this one. Given the gold/ silver ratio is proportional to vixso when the markets calm for better or worse silver will go up, what is your opinion on buying paper silver with 10x leverage?

>>17902553
It'd have to be engrained. We have moved forward on hygenics and such. We stopped spitting in public as much after 1918 flu. Even washing hands is a new thing.

But it'd have to have begun ingraining 20 years ago...

>>17902553
>What, is this the libertarian solution to pandemics?
Pandemics ARE the libertarian (final) solution. They separate the wheat from the chaff and free up a ton of resources.

>>17902517
Daegu "almost" contained it without mandatory lockdown, but can you make your citizens behave with this amount of discipline? And even so it is just "almost"
>>17902540
Other viruses weren't going to successfully put literally million on literal mechanical life support simultaneously

>>17902563
>Literally none of those went pandemic.
Right but pandemic is classified after the fact. By the time it was called a pandemic it was already in multiple countries. So they could have shut down the borders for every single one of those other virus and crashed the economy several times over the past two decades.

Pls be green today

>>17902600
I'm sorry, but no.

>>17902586
This has already been declared a pandemic though. Not treating it as such would be insane for countries it isn't already spreading in.

That's basically mass murder and political suicide.

Fuck fuck fuck why does this have to happen to me just as I started investing??? I'm not even interested in gambling just investing for a comfortable retirement. If only I started 6 months later instead. Now I'm down 20k. Fuck china and their bioweapon man.

>>17902553
The libertarian version is called "social distancing"
They didn't use the word in South Korea but a similar strategy somewhat worked because people are actually worried about the virus, would keep themselves indoor and would wear masks and all that because they don't want to die, but after all the DO NOT PANIC, IT'S JUST A FLU and PROTECTIVE EQUIPMENT DOESN'T WORK propaganda broadcasted by media and politicians in the west (left and right alike), I am pretty sure a similar strategy is not going to work in the west.

>>17902643
oh fuggg

>>17901817
Cum donator [no opt-outs]

>>17902669

>>17902669
Brrrr. Indeed.

>>17902617
>Not treating it as such would be insane for countries it isn't already spreading in.
There is literally no way to stop a pandemic if its as bad as you say it is. People will interact for food at some point.

>Money is free
>Neetbux for everyone
>Prospect of China bailing out Boeing
Imagine waking up from hibernation and watching today's CNBC coverage

>tfw pulled out of oil short the other day and lost $1000

>tfw quit the game

feels bad, oils gonna keep going down without me because i panicked, don't be a panic bro...trust in the fundamentals and don't end up like me boys..

>>17902692
It’s pretty crazy. Hell joe agreeing with AOC is like hell freezing over

>>17902692
>China bailing out Boeing
Trump won't let that happen. It'd be political suicide of the highest order. It'd be the equivalent of letting your worst enemy fuck your wife.

>>17902708
>Joe agreeing with AOC
Got a link? What are they even agreeing on? They fucking despise one another.

ASX (Australia, green) plus UKX (UK, red) plus DJI (Dow, aqua) approximate the EU50 (Eu, orange)

>>17902681
>People will interact for food at some point.
Maintain a 6 foot distance from other shoppers and the cashier. Wash your hands after storing your food in a quarantine cabinet, disinfect your handles, and let any new purchases sit for 3 days before you go back to them to add them to your normal stock.

You're good.

>>17902566
there probably inst a worse idea you could have anon. Physical silver is running out fast at mints everywhere. You don't wanna be stuck holding a contract no one can get the underlying asset on. There are better bets if you have access to leverage. Why not go super long on some stuff, we aren't in a recession yet.

>>17902732
>we aren't in a recession yet.
pfAHAHAHAHAHAHA

>>17902540
>The problem is corona looks like every other virus that came before,
The problen is you *think* this look like every other virus that came before. The moment you see China shut down a city and expand it to entire province the next day you should have realized it is not.
Also, among uour examples, while SARS didn't cause lock down, its impact on the economic system is similar to lock down. The only reason why it didn't become worse is all the cases of SARS were easily traceable and thus can be stopped when there're merely thousands of international cases

>>17902732
>we aren't in a recession yet.

>>17902743
>>17902753
Are people actually laughing and glad we hit a recession? Are you guys NEETs or what

Corona will help fight AIDs in Africa as people with weakened immune systems will get slaughtered by it

>>17902762
Yield curve inverted last year nigger, get with the times

>>17902762
I sure hope to be after spy hits 150 and i've got a mountain of money

>>17902669
Based

So before we had the gold standard and your dollars were certificates for gold and silver. Then they confiscated all of the gold and went straight fiat. Now we are on the dollar standard. Your electronic certificate can be exchanged for real cash, but there is not enough real cash. and there may be inflation or deflation. Foreign countries are loaded in foreign cash certificates too and we may see some serious inflation if things get worse.
So the next step is to get rid of all the real cash. Checkmate horders and checkmate people trying to hedge against the system, you are now tied into it no matter what. Just like with the initial stage of fiat, you HAD to accept it as legal tender and so soon you'll have to accept the electronic silly money as currency too.

>>17902722
That Boeing buying back stocks was retarded and was questioning where the money is and if they deserve a scot free bailout

>>17902762
The claim was absurd. If you can't laugh at absurdity, I STRONGLY suggest you buckle up because we're about to hit stupid levels you wouldn't even believe before and even a few weeks into the full lock downs.

Imagine if every government on earth is run by the mayor from Jaws, cause that's basically true.

Got $15000 cash and looking to make bank on the crisis, what buy and when?

>>17902828
Puts on Boeing and Dutch Royal Shell.

https://www.bloomberg.com/news/articles/2017-09-15/down-20-billion-boeing-stuffs-pension-fund-with-its-own-shares
>Boeing has been stuffing its pension fund with its own shares that have dropped 75%
J U S T

>>17901272

What with governments and all over the world printing more money to introduce liquidity in the market... isn't this the best time to buy bonds? Printing more money = more debt, right? And buying bonds is essentially owning other people's debt.

Am I right or just being retarded?

>>17902842
Work with the company, die with the company.

>>17902842
How do they keep getting away with it?

>>17902848
Being immensely retarded.
You get a flat sum amount back from bonds, regardless of inflation.
By the way things are going, you might get a negative return on your investment.

>>17902828
Write leap call options on Boeing, remember to keep them open until expiry.

>>17902842
Why is this legal? How many times does exactly this have to ruin lives before it's outlawed? Is spreading risk such a difficult fucking concept?

>>17902797
With all the goods and services bartered and symbolic (or less symbolic like PM coins) items used as stores of value I'm sure we've never really quite made it to pure "slaves of the system". In the past UK banks used to issue their own currencies. Look at crypto, more currencies in the cryptosphere than there are countries on earth.

>>17902858
>Muh great American aerospace contractor who do does no wrong except for everything they build

>>17902897
Basically this.

>>17902867

Fuck, that's right. Printing more money doesn't create more debt, it just devalues existing currency. Welp.
Thank you.

>>17902873
*gives you a worthless stock instead of actual money for retirement*
*fills offshore accounts with your money*
nothing personnel, wagie

>>17902762
It was a bubble all along, so yes. Bubbles popping is always a good thing in retrospect

>>17902762
where do you think you are?

>>17902753
>>17902743

A short term bear trend is not a recession you fucking brainlets. A recession needs to be continuous contraction over months at at time and is officially declared but the definition doesn't matter to you does it? It's just a fucking buzzword for you to cough up without understanding what it means. Are you unionically 18?

>>17902939
bullfag cope

>>17902777
that's an indicator of a increased risk of recession but not a downright guarantee of recession. Read a book on macro economics you absolute fucking simp

>737 a disaster
>Corona will kill airlines anyway
>SLS sure to get shitcanned now
>boondoggle capsule about to get scrapped due to pajeet code almost cratering it on maiden flight
>F-35 about to replace most of Boeing military planes
What's even left for Boeing?

>>17902968
Forced Merger wiith Lockheed probably

>>17902762
>>17902923
Yep
I've got a serious delay on life due to getting conscripted, and then wageslaving so that I don't drown in debt during college.
I'm 24 with not a dollar to my name, and as things were, I had no chance of owning any sort of asset, and was doomed to eternally wageslave just to make ends meet.
Right now we're going through somewhat of a reset, with corona clearing off some of the worse offending leeches on the economy, and popping some bubbles.
It's not going to be boomer level easy, but my prospects for the future just got a bit brighter.

>>17902972
LockMart better start designing a national flag and anthem then.

>>17902953
I sold all my stocks in early march and have been riding puts since, I sold my gold yesterday during the small pump. I'm pragmatically bearish but I am also aware this is not a 5 year bear trend which is what a recession is. Markets will flip bullish towards the end of the year.

>>17902939
most people are predicting a 2 quarter long contraction in GDP

What do we buy in the dip?

>>17902968
>F-35 about to replace most of Boeing military planes
Except this literal flying dinosaur

>>17902961
Whats a good book on 21st century macroeconomics, I've been listening to Smith talk about corn for fucking days? Cheers

>>17902994
The avg bear market doesn't last for 5 years..

>>17902939
The flow of time is an illusion. The future exists as much as the past. We are in a recession now even if the recognition is then.

Or in laymen's terms: Bitch, they're about to tell everyone to stay home for a "couple weeks" every couple weeks for like 4 or 5 months. All nonessential industries are going to burn to the ground. The economy is already fucking dead. Wake up and smell the crematoriums.

>>17902994
uhhh what? recession is 2 straight negative gdp quarters

>>17902908
there's this funny thing called a liquidity trap

cause is impending war, deflation and insufficient demand... and when belief or yield in holding somebody elses debt goes way too low
effect is people hoarding cash and spending less, and that constricts the money flow in an economy, leading to reduced investment, liquidity for companies wages and other expenses...

it leads to a depression, the goal to preventing the incoming "HAPPENING" is for companies to open up again, consumers to buy again and for imports to roll in again so the economy can start up again... or the companies could have the cash flow to hibernate for a while

https://markets.businessinsider.com/news/stocks/stock-buybacks-outlook-estimated-record-amid-warren-sanders-political-criticism-2019-7-1028325693
oh wait, uh oh...

https://www.instituteforsupplymanagement.org/ISMReport/MfgROB.cfm?SSO=1
https://www.instituteforsupplymanagement.org/ISMReport/NonMfgROB.cfm?SSO=1

"New Orders and Employment Contracting
Supplier Deliveries Slowing at Faster Rate; Backlog Growing"
UH OHHHHHH AAAAAAAAAAAAAAAAA USD is still a safe haven though so it's probably going to be ok if we can get through the next 4 months

>>17902974
boomer level easy was wasted on boomers. It can be done and I think our gen could have done it with more down to earth measures and basing our strength on the health of the nation. I will take some mad max-esque shit over what these past 10 years have been. Dead boomers and leechers will be therapeutic and release of pressure.

>>17903007
ARCLIGHT
R
C
L
I
G
H
T

>>17903007
B52 is based and one of the only planes left in service designed by real men. 50 years of service isn't no joke.

>>17902998
This is the one I used in first year of uni

https://www.academia.edu/39286384/Macroeconomics_6th_Edition_by_R._Glenn_Hubbard_Anthony_Patrick_O_Brien

Why are futures not moving? Limit down is 5%?

>>17903019
recessions can last for longer than 2 quarters anon. This year is more 1982 than it is 2008

>>17903038
Yeah, they're at limit down

>>17903035
re·ces·sion
/rəˈseSH(ə)n/
Learn to pronounce
noun
1.
a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
"the country is in the depths of a recession"

kek shut the fuck up. 5 year bear market. You have no idea what you are talking about

>>17903038
Circuit breaker.

>>17902961
No thanks I'll just stick to daytrading crypto and buying AMD or SOXL. My parents were both economists so I've probably inherited a few good macroeconomic insight genes without needing to study.

>>17903079
>My parents were both economists so I've probably inherited a few good macroeconomic insight genes without needing to study.

>>17903073
do you understand after 2 successive quarters of contraction them calling it a recession doesn't make it magically disappear? Maybe 5 years is an overstatement but 1-2 years is pragmatic.

So, how much money are they going to print again today? Should I get SQQQ and ride the pump?

>>17903056
>I'm pragmatically bearish but I am also aware this is not a 5 year bear trend which is what a recession is.
My point is a recession lasts 2 quarters at the least. They can be fucking 40 years long for all I care, but the definition is 2 quarters at the least, not 5

>>17902220
Eastern and western europe on lockdown. Germany passed a law stating that you can get arrested for going outside if it's not for essential needs

>>17903124
As much as they want lmao

BBBBBBBRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>>17903114
I think you're talking about the length of the whole recession. I was just saying that chances are, we will have a 2 quarter long contraction and we will be in a recession. A recession is 2 quarters minimum. They can be longer, never said it can only be 2.

>>17903147
There's no way they're gonna let DJIA go below 20k, or else blood is certainly going to be shed on the streets.

>>17903133
you don't understand what I was saying do you? Please go and read my earlier posts. We have not recorded 2 quarters of neg growth yet, people are throwing around the word recession when we have not entered a technical recssion. There is alot that can happen in half a year that can affect current market trends. This is honestly the last time of day I give you.

who's excited?

kek my id is tiddy NUTS

Reminder that duties for DoD personnel in the upcoming pandemic include
>Provide available fatality management assistance capabilities including victim identification, remains transport, and mortuary affairs processing.

So judging by previous happenings, it's going to take about two years to go back to where we were a month ago, right?

>>17903210
>two years to become rich
Eh, what's wrong with that?

>>17903234
Nothing at all, just making sure we're all on the same page.

>>17903007
This big bird have dozens of hydraulic problems though.

>>17903210
Depends, if you believe /k/ this is the happening and the world will be Mad Max by 2021.

>>17903210
Oh great

Bought link and been waiting two years for my real life to start

I guess I can wait two more years for my real life to start

so if a company gets bailed out is it good to hold or pull out? what does the bail out mean to stocks?

>>17903020
But wont the corporate debt bubble lead to inflation after 0% interest repos giving to banks and giant multinational corporations fail anyway while the printing press continues? Deflation is short term in this scenario

>>17903264
you'll be waiting two more years after that faggot

>>17903210
>judging by previous happenings
No. Stop. There is nothing to compare this to. It's too damn different.

>>17903263
Isn't /k/'s patron a weeb who drowned? Fuck /k/.

>>17903175
Sub 20k is inevitable

>>17903180
Lol, considering the 23 posts itt it must be in short supply. In a perverted way I get what you're saying. That we haven't hit a recession yet and I agree, lots of anons itt have no idea what it means. Mostly had an issue with the 5 year thing which you realized. I actually agree with what's said >>17903180 here. We shouldn't jump the gun, but we shouldn't be ignorant of the quite large possibility of a recession.

TODAY'S THE -20%

are we selling our puts on opening to buy again noon time ?

>>17903263
Meh, as much as I love shitposting on /pol/, I don't think we're going into anything too big, Corona is simply not deadly enough.
Stats from Italy indicate about a %10 death rate, which isn't enough for a mad max scenario.
Not to mention it's pumped up by people with pre existing conditions, and not having enough beds.
Now, if we were in %20~ territory for otherwise healthy people, I'd be wearing a hockey mask by now.

>>17903299
I don't think so.
I'm fairly certain that the speed of the decline is mostly fueled by how much more interconnected everything is these days, so if anything goes south, everybody immediately starts panicking.
It's definitely going to get worse before it's going to get better, but I doubt it's the end of the world, and there's nothing quite like a good cleanse to jumpstart a bloated economy.

>>17903312
/k/ worships only one thing
Violence

>>17901586
Bruh, you cant change the rules in the middle of the game. Not to mention that the breakers are temporary.

>>17903360
I wasn't meaning to imply this is the end of the world, more that it's incredibly odd. The damage this is gonna do is gonna be unpredictable. The steps to mitigate that damage are going to be unpredictable. The success of those steps are going to be unpredictable. How deep the damage done ends up being is going to be unpredictable.

Shit could snap back to normal more quickly than normal or we could end up in a depression. There's no good reference point for what will happen. Fuck's sake, we could genuinely still be in quarantine 2 years from now if immunity to this thing turns out to be very short lived or there's a production delay with the vaccine or it spawns a new strain the vaccine in testing doesn't work on. We are in a weird place.

>Mnuchin Warns Virus Could Yield 20% Jobless Rate Without Action
>A 20% unemployment rate would be double the unemployment rate during the Great Recession and the highest in the US since the Great Depression. A 20% unemployment rate would leave more than 32 million Americans out of a job based on the current US labor force.

OH NO NO NO NO NO BULLBROS
KEK

>>17903312
>>17903402
/k/ - a magical place

>>17901848
you could probably source like 100g coke from that

>>17903445
>+ (PLUS) 0.00%
yeah, bullbros I'm thinking we're back

>>17903445
jesus christ, apocalyptic

>>17903329
>Sub 20k is inevitable
No, it won't be at least until the end of the week. We'll crab 20k then 19k then 20.5k then 21k before DJIA falls sub 20k indefinitely.

>>17903445
VIX is up.

Are futures halted?

>>17903485
kek

>>17903445
18K EOD

>>17903485
kek based

>>17903429
I guess you're right to an extent.
But isn't that the case for everything?
You can't ever predict anything accurately, only liken it to previous events, which is what a bunch of people, including me, are doing.
So judging by the most similar events in the past it's going to go down a bit more, and then it's going to go up again, simply based on the fact that people need to eat, and nobody is willing to work for free.
Whether we're going to drop for another month, and recover over 4 years, or drop over six months, and recover in a year, doesn't really matter, since you're supposed to go long anyway.

>>17903502
yes

Thoughts on this guys? Just a blank shot in the dark or is he shooting with hollowpoints? Since he mentioned the FDA I think he's gonna announce something related to the chloroquine treatment thats been mentioned over and over by everyone.

I'm tipping the announcement to be that the FDA will be stocking all hospitals with it to fight life threatening cases of covid. Maybe it's a 1+2 punch with the corporate paper buyback set to occur today? Potential trend reversal?

>>17903555
some expedited miracle meme drug that will solve the crisis in a vain attempt to dupe the market into rally

>>17903402
There's more violence on /biz/ at the moment than /k/

>>17903402
You forgot Sweet animal poon-tang

>>17903567
nah theres no meme drug, look into chloroquine if you're shorting hard right now, not trying to fud but there alot of short exposure there if they can use it to pump up public hopium.

>>17901272
Where my /oil/ bros at?

>>17903567
And it will rally until it doesn't.

>>17903555
>>17903555
Are we having daily press conferences now so that the markets stay green?


There will be a big press conference with merkel speaking to the nation today too in the evening, those things bring so much uncertainty in this otherwise certain downtrend

>>17903555
>>17903567
On the off chance that anyone on /biz/ is on the slow side, don't take a damn thing Trump says is a miracle drug unless you're literally on your death bed and shoot anyone that tries to give you a vaccine that's been in development for less than a year.

No, I'm not fucking kidding.

Having said all that, I doubt it's a drug.

>>17903499
today we will see sub 20k

>>17903634
probably just more money, and FREE MCDONALDS DRIVE THRUS

TREMENDOUS JOB

>>17903663
>FREE MCDONALDS DRIVE THRUS

>>17903634
he explicitly mentions the FDA tho what else could it be? I wouldn't buy his snake oil either but america will, that little bit of hope might see us rally after the opening dump. Any ideas on what else it might be?

>>17903675
>Any ideas on what else it might be?
FDA certifies the testing kits so if I absolutely had to guess they certified one or more commercially produced ones to speed up testing.

Not sure it's gonna do a damn bit of good when we run out of the reagents from China you need to process the damn things, but let him spin.

https://www.youtube.com/watch?v=wFgAE5SgFnw

AAAAAAAAAAAA


AAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>17903748

Great song

>>17903402
Which fallout is this?

Taiwan: A TSMC staff confirmed infected by coronavirus (CNA)

>>17902561
The usa is a pretty big nation it will take time until they can test in so many cities.

The worrysome shit is that unlike china containing it in a province , this crap seems to be everywhere in burgerland.

Pray they start to test a lot of people this week or lot's of people will suffer from this damn virus.

>>17902553
>Implying that the continental militias didn't inmunize themselves while redcoats were fucked every day by smallpox.

So much for muh government.

>>17903998
rip semiconductor technology & amd