/biz/ - Business & Finance

roger roger

>>17925294
based CIS scum coming to real bread

>>17925294
2nd

A document leaked by the failing new york times has a report done by the CDC
They are assuming corona-chan will stay around for 18 months, with potentially waves of reinfections.
Apparently, the government/CDC is assuming corona-chan to stick around for 18 months, with a wave of reinfections.
https://int.nyt.com/data/documenthelper/6819-covid-19-response-plan/d367f758bec47cad361f/optimized/full.pdf?fbclid=IwAR3u0g03xuvm7THWNhlBlaRar2wrnVY5wvbDaWcXHwgxo-3u3WEsYUjcsJ0#page=1

my netflix put is getting fucking rekt. I should have sold at $200 profit today

Where's the 'nice post'

very kind of anon to delete the other thread

>>17925317
>tfw sold all my netflix at 30
whoops haha

>>17925294
say hello to goldman sach's new margin calling robots

i dont feel so good bros

>>17925320
thread splitting is irritating and i avoid when possible

Why do people buy VTSAX. I feel like cramer is right.. you have to buy companies to take advantage of this situation.

>>17925346
well its appreciated

GREEN FUTURES.

WE ABOUT TO V UP ON THIS. BIGGEST STIMULUS PLAN IN HISTORY ABOUT TO COME DOWN. FREE MONEY FOR EACH AMERICAN. This is INCREDIBLY bullish. We are oversold by so much. -35% is a joke. -50% was a global collapse of entire banking sector. We are at the bottom.

Grocery trip time! I will report back in 45 minutes with results!

so me an my friends have been talking a lot about it and it seems like a HUGE coincidence that the cornovirus comes out and the stock markets plunge right when corey feldman premiers his new documentary my truth, raping the two coreys. it is obvious that the mainstream media needs its attention diverted away from coreys truth by the hollywood elites. what are you guys and your friends thoughts and have you seen coreys new documentary.

>>17925346
unbelievably based to see some with manners in these shithole threads

Ratatouille Anon here,

Give me one good reason to not dump my life savings of 28,000 into a long term PUT contract against SPY?

Any other companies that would offer a better return if this proves to bankrupt ever company on earth?

I mean like I feel like the only way to profit is to do this? Any ideas?

>>17925320
indeed, an unexpected generosity

especially since i forgot to clean up the op text

>>17925346
dual thread days are fun during market hours, but nighttime it tends to lead to two dead threads

>>17925379
lmao poor bull is in for a surprise.

Someone explain this to me since I'm retarded
Why is the max cost $178 if it's a $117 call? How am I able to get 100 shares of a stock for just $178 if each share is $23.50?

>>17925386
You realize most stores are closing at 8pm now, right?

Anyone know why Regeneron gapped down to 420 on Friday? Seems like it really wants to go back to 500 because of their COVID-19 treatment beginning trials.

>>17925214
Much more based than whatever that other ticket is. WM is a standard recession name, but I’m not sure how all this and the shit with China and recycling will effect them.

For me, it’s CLX COST and if it dips big REGN and LLY

>>17925214
Lets not go overboard...
I might subscribe to his shit to listen to today’s club call though.

Isn't it kind of interesting how corona is responsible for maybe 1% of the stock market crash and the panic surrounding it is responsible for the other 99%?

>>17925405
go for it!

>>17925396
Shut the fuck up, Corey

>>17925379
Not yet, but close. I think we mirror the 1987 crash exactly. Bottom will be another 10% decline from here. Or at least that's when I'm going all-in on 2 year calls

It's red...
it's over
fuck

>>17925344
>tfw you spent the last 10 years of your life on 4chan

>>17925447
Honestly think about it. This is the first pandemic with social media.

Is it too late to jump on TVIX? I have $10k I could play with.

>>17925379
What if i told you that the reason they issued the biggest stimulus in history was just so we could tread water around -50%?
the SEC, FED and wallstreet has completely fucking destroyed the economy again, even worse than 2008 somehow.

>>17925316
No fucking way fuck you fake fuck

Guys... is it legit?

>>17925423
the bid ask spread is 0-3.55 it is some retard that left an open order

>>17925473
Good thing for life, bad thing for stocks.

>>17925447
We were on a knifes edge before Corona.
The fed was conducting it's massive repo operations before Corona.
It just took a small coof to push everything over the edge.
Of course all politicians and CEO's will blame it on Corona.

What options should I buy to get 10x return

>>17925379
ECB announced another 750 billion in stimulus and DAX and FTSE futures are struggling to hit +1% lmao

Uh bros....

>>17925423

You're not getting 100 shares of the stock. You're getting the right to purchase 100 shares of the stock, at the strike price, on the given expiration date, if the price is at or above the strike by then.

If this doesn't make sense to you, you should not be making that purchase.

>>17925480
Yeah this PDF hosted by the new york times is completely fake

>>17925379
now imagine how far we could go as a country,as a people, with socialism.

>>17925470
fuck yes, i was sweating so much about my puts. idk why though I know the market's going to crash for a month straight now

>>17925506
They've gotta keep DB alive.

>>17925480
>no fucking way bro

>>17925456
1987 had no underlying cause.
We're facing 2,000,000 dead Americans and even more requiring hospitalization.

>>17925528
That’s why I’m taking it seriously, though if it’s only “hosted” on their site and not actually in any articles yet, it does make me wonder.

>>17925535
I agree fellow socialist comrade

Honestly. Fuck paying attention to the retarded shit in the news. It literally means nothing. It's just green day, red day, green day, red day. Even after Trump saying this is a wartime situation and Ackman started kvetching on the TV it doesn't mean shit. The only thing that matters is red day, green day, red day, green day. Except monday is always a red day.

>>17925539
uh anon...

>>17925556
There is an article.
https://www.nytimes.com/2020/03/17/us/politics/trump-coronavirus-plan.html?fbclid=IwAR16kip4KpxgHZ5F1mpGvdEZG5FluZW7yu5ZuAvLX_OHNNJTqghN7me_YQQ

>>17925550
>le søyjak
Wow. What a contribution.
I’m trying to draw attention to get other input while I do my own research, fag.

>>17925509
How is 0.01 much different to 0.00. It's just 0.01.
How is then 0.00 much different to -0.01? It's just again 0.01. It's all in your head. Stop whining...

>>17925556
that was on the front page of google news anon

Your Equity
$1,137.40
Cost $2,155.17
Today‘s Return +$24.52 (+2.20%)
Total Return -$1,017.77 (-47.22%)
Your Average Cost
$4.17
Shares 517
Portfolio Diversity 42.60%
Cash Held for Exercise $0.00

>>17925579
Thank you, diving in now

A shit paywall

Use archive.is please

>>17925594
no fucking way bro

>futures turning red

I fucking give up

OH NO WE GOT TOO COCKY BULL BROS

>>17925473
>become social media influencer
>bull it up after this recession until market overvalues
>start panic over next pandemic
>short every time you spew bullshit about how were all gonna die and stocks are going to shit
>?
>profit

Does flattening the bell curve overall hurt the economy more or less?

Yes, I know it saves more lives, but what about the market?

>>17925615
I'm not giving those kikes a dime lmao, I got the PDF for you, that's the best I can do.

>>17925598
When? Is this breaking?
Sheeeeeet. Maybe I did well to hedge today even after the crash.

So it's gonna be a dead cat bounce tomorrow and then it will crash again on friday?

>>17925624
It's going to be a green day. I have a shitload of money in TVIX and even I believe that.

>>17925622
now you wish it was 13% today instead of 6%

The $1000 won't do jack for the economy if no one spends it when they get it. Me, half of it is going straight into my emergency fund. Some will be spent on groceries. I plan to dump a little into my brokerage to snatch DIS when the DIS @ 50 comes true. What's left over will be dumped into my general savings.

>>17925636
>bell curve
PLEASE DO NOT USE THAT WORD YOU RACIST PIECE OF SHIT

>>17925656
time to buy a new fender strat :)

>>17925648
I know I'm just having a laugh friend
I also have a decent amount in TVIX
Good luck to you bro :)

SOXL will liquidate by end of April.

Screencap this.

>>17925645
No a few hours ago
honestly it's not all that impressive, trump already said the vaccine was going to come out at the earliest in one year and a half

>>17925656
It's going to be spent in alcohol, cheap luxuries and food.

>>17925353
Hrs always right

>>17925451
Thanks anon, I'll help you once I make it. We're going to be eating nice soup prepared by my guy Remy from Ratatouille tonight.

>>17925637
That’s the way around the paywall so they don’t get any money. Wtf?

Thanks for the pdf.

>>17925656
>if no one spends it when they get it.
A lot of poor people almost immediately spend money when they get it.

>>17925691
I'm fucked honestly. I bought it at the most retarded fucking time, because that conference was so fucking retarded. Now I realize none of it matters. Just green, red, green, red, green, red

>>17925518
So it gives me the right to buy $2350 worth of stock for that company?

>>17925405
>Give me one good reason to not dump my life savings of 28,000 into a long term PUT contract against SPY?
because this is real life nigga

or just do it, more money for the rest of us

>>17925443
BA was fantastic to me too for a while, bought it back when LMT was higher, then watched BA rise up to almost double LMT's share price

but thankfully being broke forced me to sell BA back in October at $350 a share, i was pissed at the time, very happy now!

probably spend most of my freedom dividend on LMT WM and SMG if congress sends a Yang or two to everyone

>>17925447
theres a 50/50 chance we would be crashing already even without pandemic (probably not as hard though)

where have you been the past year or two?

does anyone here even remember the Christmas Eve Massacre in 2018?

>>17925472
>12 years next may or june
please, kill me

>>17925478
because this is the 2008 crash unpaused, with some extra accumulated interest

>>17925509
o shit

>>17925596
because 0.00 is the Null identity, while 0.01 is just another number

>>17925636
That sounds like a PhD thesis. No one actually knows because no one has calculated the economic cost of all the dead against the economic cost of the quarantine.

>>17925294
God I just played as a Droideka on tat 2 nights ago... anon get out of my head

>>17925702
The fact that they expect shortages is significant in and of itself, and that they expect the pandemic to last 18 months. That’s not seasonal.

>Futures dipping red

JEROME
THE PRINTER JEROME

>>17925730
can you share your thoughts on corey feldmans new documentary.

FUCK, the one day I needed a green day for money to be available again it's going red twice in a row

>>17925736
>because 0.00 is the Null identity
Like I said. All in your head

>>17925747
>euro futures red

>>17925386
Damn is that a picture of u?

>>17925480
It's not that unreasonable. There will always be pockets of contagion that linger and reignite. The more important question is where the peak is because that's when hospital capacity will be stressed the most and when most people will die.

>>17925702
>honestly it's not all that impressive, trump already said the vaccine was going to come out at the earliest in one year and a half
He also said this is a wartime like scenario, implied China is going to pay for this and had a boomer Mom talk about how millennials are geneses because they figured out how to sip level 3 to level 7 in video games.

Somehow futures still aren't plummeting into the ground.

My neighbor across the street has the Wu Ping cough

Lads, when was the last time we all piled into a dank penny meme?...... I got a feeling......

>>17925656
I'm going to put it all into a CD.

>>17925747
No more stress. just all cash and shorting futures the past week I have slept like a baby.

What if the world actually just treated this like a bad flu? As in, no one was directly to shut down business, self-isolate, etc. and everyone just lived life normally. No over-hyped media or anything. There would be more people with the virus, sure, but I wonder where the markets would be right now.

>>17925554
And more importantly, a shutdown of like 80% of the global economy?

>>17925470
> We've only just begun :^)

>>17925816
I'm calling the SEC on you wise guy

>>17925823
Several million deaths in America alone, the utter collapse of the hospital system, and mass graves in New York.

>>17925656
A dream is a wish your heart makes!

>>17925801
Is it the kung flu

>>17925764
0 was the Null identity long before I existed mate

>>17925816
shit why not just pile into the DRYS bandwagon, or go oldschool with some CERU (muh nigga)

What the fuck I go for a run when futs are +3, I come home and now they’re flat. WHAT THE FUCK

>>17925818
I'm buying yeezys and air force ones

>>17925261
https://www.youtube.com/watch?v=8AHCfZTRGiI
Thread theme

>>17925823
That’s what China is doing. CCP realized that shutdown was unsustainable, but losing 3% of mostly the elderly is not a big deal really

>>17925864
She works in the hospital where we have several cases, and she was on her front porch coughing up a lung, full on pneumonia. And she's only like, 40.

I hope the street was wide enough

>>17925870
I went for a run and futs were -1, I came back and they were +2. Same reaction lol

>>17925763
yeah because the fed BRRRRRRRRRed it's way out of a 12% crash

If we don't slip straight past a recession and right into a depression, I have the chance to make so much fucking money now.

This is magical.

How low is MSFT going to go?

>>17925886
fucking nigger

I love how quick we shrug off our own FED, but the initial bullish case at 6pm was that futures were ripping because of the ECB. Even if it were true, why pretend it would last?

>>17925870
>>17925899
What were you running from?

>>17925741
18 months. We can't last 18 months. We're barely holding shit together after 3. Unless they somehow think that all the essential stuff can be automated, if this lasts 18 months the U.S is totally fucked. TP is being depleted as soon as it comes in the door.

do you believe the Fed has managed to control deflation with all the measures they have taken? what if they haven't? this crisis seems to go pretty deep.

>>17925770
can you post the other two, i haven't saved them yet

>66 deaths in Washington

>>17925851
>NFLX
what were you thinking anon?

>>17925888
/biz/ cover
https://www.youtube.com/watch?v=0QAVquq9bNs

>>17925934
Probably a bunch of homeless boomers

>>17925851
SPY 185 by 3/27 is cutting it close, but I think it will be in the money

I'm amazed how it only took one panedemic virus for americans to do a full 180 and decide that "well maybe socialism isn't so bad after all"

>>17925926
Deflation hasn't stopped yet

What's with americans and buying all the toilet paper?

>>17925945
I'm so fucking tired of this. The bullish case on Netflix is show on head fucking retarded. Yes, everyone is going to be home streaming. Which they already do in their spare time. Which means very few new customers for Netflix as a result. Which means Netflix is going into a recession at 70x earnings, let me know how an absurd valuation like that holds up.

how do you (day) or (swing) trade with <1000$ in Merrill Lynch

>>17925989
Not holding that long, most will likely get sold tomorrow so I can buy in on the bullshit Friday pump that's becoming standard.

>>17926010

welfare =/= socialism

Queue up the limit down music

>>17926023
me no have bidet

breadlines soon

>>17926069
>limit down music

Its gonna crab walk for a long time before the dip lad

>>17925932
there's like 10 pictures now
I do find it both hilarious and weird as hell how financial twitter is now using this meme.

>>17926023
It ain't just that. The frozen stuff,canned goods, pretty much anything other than dairy is getting cleaned out soon as it comes in the door.

Have price rises been priced in to casket companies and funeral companies

>>17926026
>>17925989
Also I'm thinking its already profitable, and will only be more so by next week. I got it 2 days ago and there was 0 volume on it since, until today. People will sell it just to cover their losses elsewhere, and because it's 70x earnings in a recession.

>>17926082
the original slower one and the dragon ball one

>>17926081
>Crab
You guys have been memeing that all week.

>>17925793
wait what?
SHIT

Do I need to watch the last 2 trump conferences, or the last Mad Money/Squawks, or the Ackerman speeches, or what??

There's soooo much to catch up on!!! fuck it should I just go watch interspecies reviewers???

anyone gonna be betting on the quadruple witching EOD Friday? seems too easy

>>17925261
Reminder that the old ass bitches crapping their pants are leaving forever to the grave tomorrow and a fresh batch of computer zoomers are looking to impress their boss and buying billions of UBER, BA and SBUX and basically its bear hunting season

https://www.businessinsider.com/nyse-will-close-trading-floor-in-response-to-coronavirus-2020-3

>>17926026
but this article by business insider states that netflix downloads are surging in countries most affected by coronavirus, sorry anon.

>>17926113
This was all in today conference. In the middle o

>>17925750
haahaha fuci=king based schizo lol

>want to take all my money out of the bank
>don't want to touch coofy cash
what do?

>>17926023
scored 3 32 packs at the BJs today.

>>17926089
It's easy to make light of the TP thing now, but it's a sign of larger issues to come. Shortage of TP today, food shortage next week.

>>17926097
NICE position dude, you're gonna make a lot of money

>>17925406
>tfw Scalp trader

>>17926090
This is a good point
Make sure to buy caskets, headstones, etc. NOW while demand and prices are low. If you wait another couple months for your family members to start dying, there won't be any caskets or sarcophagi left

SECOND CONGRESSMEN IS INFECTED.

https://www.marketwatch.com/story/florida-rep-mario-diaz-balart-is-first-in-congress-to-test-positive-for-coronavirus-2020-03-18?mod=home-page

>>17926102
here's the slowest one, I think

>>17926097
mhm good luck

>>17926023
Aussie's started it, then had the world catch on, proving that they can shitpost even during a pandemic.

>>17926126
I'm not worried about it anon, the market can remain irrational a lot longer than I could stay liquid, but if you want to delude yourself a temporary spike in downloads justifies a 70x earnings valuation in a recession. Personally, I don't see NFLX existing in 70 years, but that's just me.

>>17925926
>control deflation
no one believes that, it's one of the reasons they aim for inflation. deflation is a problem economists don't have a good solution for.

>>17925911
Why would a recession make you money but not a depression?

>>17924856
Why should I get a loan if I don't need money, and the government is looking towards helicopter cash and negative rates?

>>17926134
ABSOLUTELY FUCK MY SHIT UP
IM NOT SLEEPING THROUGH THE DAY EVER AGAIN I MISS EVERYTHING

>>17926064
>taking from the rich and giving to poor is capitalism

IT COMES FROM CHINA

V recovery any day now

>>17926195
You can still watch it on the white house youtube. The wartime scenario thing and stating China is responsible came up in press questions.

>be australian
>go 100% cash to wait out the crash
>aud/usd is literally dropping faster than stocks right now

Rate my shit

>>17926198

It's neither capitalism nor socialism. It's welfare. Socialism is social ownership (which is a euphemism for nationalization) of the means of production. Giving Americans a couple thousand bucks to help them through an unprecedented economic downturn is not nationalizing the means of production.

>>17926227
>be polish
>turn all my PLN into USD
>despite losing money on stocks constantly and not even reaching break even point, I gain money

Futures limit down by 11pm.

>>17926195
>Why would a recession make you money but not a depression?
Because then I'd be poor as shit and not have anything to buy with, being busy trying not to starve and all.

>>17926227
>be aussie expat
>exchange rate to usd is lowest in my adult lifetime
>can't go home and live like a king because travel is banned

>>17926227
>FED printing infinite USD
>USD goes up in value
clown world

>>17926241
Based fucking polski, I'll eat a plate of pierogis in your name.

>>17926227
should have bet on america, like this incredibly noble Pole

>>17926241
we drinking Goldschlager tonight?

>>17926249
>Because then I'd be poor as shit and not have anything to buy with, being busy trying not to starve and all.
sucks to suck

>>17926241
>>17926227
>FED prints infinite money
>instead of making the dollar weaker every other country gets fucked

>>17926198
>taking from the rich
Wat

>>17926247
ANSWER THE PHONE

>>17926237
Nigger with that amount of money I'd just ride SQQQ or TQQQ entirely

On tomorrows pump I'm just gunna buy up a shitload of TVIX and sell it on Monday.

>>17926218
LOOLLLLLLL

>>17926293
yea cuz like i honestly only kinda know what im doing but its working but thanks

>>17926220
yeah... so much to catch up on and consume though, and it doesn't help me too much if I'm late.

>>17926227
!!!!
Your country was already fucked by the fires, why aren't you hedging by keeping your shit in USD, JPY, or gold ETFs?!!?

>>17926241
well done.
How do I get a polish qt waifu?
slim and blonde and not used up, preferably.

>>17926249
Soooo... you're saying you've just got a lot of cash, and if it's only a recession you'll make a lot of money in the market?

>>17926265
we've been explaining deflation for ages now... and the rush for safety. goldbugs are retard cücks that don't face reality. It's a great hedge though.

>>17926237
What platform is that

>>17926275
Funny thing is, I already shorted my own currency by buying gold a while ago.
I just have no trust in this shithole not to fall onto hard times during an economic crisis and if US collapses I'm fucked anyway.

That and I wanted to ride the AMD train once this is over.

>Dow futures down again
:)

>>17926331
Merrill Lynch :(

SPY opens like the Philippine tomorrow.

>>17926152
Thanks, the best part is it's profit on profit, so I'm genuinely not concerned about losses. I'm not even considering selling until next middle to late of next week.

>>17926329
Well hopefully fees aren't eating you up.

>>17926357
what the fuck

>>17926357
lmao, Brazil tier

>register to trading212
>begin fooling around with the demo, playing with small sums (45€, slowly growing to make 200€ puts & calls) like starting from zero (the site gives you 50k virutal money to fool around but i didn't want to screw my ""simulation"")
>at the end of the day do some calculation, 2850€ of gains
>it is almost three fucking months of wageslavery and doom

I-i-is it a scam to ultimately screw me in the butt, isn't it anon? IT IS NOT POSSIBLE TO MAKE MONEY THAT EASY, ISN'T IT???

>>17926369
There no commissions or fees from what im seeing so thats not a problem

>>17926357
what, like all three companies on the Flip market?

>>17926351
Way better then the shit I use in canada

>>17926391
They say it's way easier to do in simulation because your emotions aren't there.

How can (they) have the whole world including president Trump in on this conspiracy? What are their goals anon?

>>17926227
>mfw Australia is going to have 40% unemployment in 2 weeks time because we bought the service industry meme and all of our industrial machining replacement components have been held in China since january
>mfw centerlink and uber eats applications up 5000%

no escape from this horror

>>17926402
Do you use wealthsimple? I use BMO investorline and I'm not sure how I feel about it.

>>17926402
Well, that sucks

>>17926391
no, as
>>17926413
said, your emotions will be quite different once you stop paper trading, and use your actual lunch money as collateral

I live in a small city. 30,000 people give or take. There's 5 grocery stores (2 Kroger, 2 save a lots and 1 Walmart). These are your only options for most dairy items. Then there's a few dollar stores and knock off dollar stores that have a more limited stock. So 30,000 people. 5 stores to serve just the dairy needs. Guess what is hard to get city wide? TP/PT,frozen stuff, canned food, etc and it's been like this since friday/saturday. So 4 days with a shortage a happening. And this is a smallish city. 18 months, the U.S is fucked. If they can't keep a smallish city fully stocked what makes you think a large one will be

>BREAKING: Philippine stocks drop 24% as trading resumes after two-day halt
Now that's a dump, kek'd

>>17926391
yes but once you start trading with actual money you'll realize it's not the same.
it's one thing to watch your demo position go down and another completely different thing to see that you just lost 1 year of work by betting on the wrong option.

>>17926417
They are going to cut everyones hours and give everyone a fixed pay every month. Instead of 1 person working a 40 hour week they are going to do 4 people working 10 hour weeks and this is their way of testing the system.

>>17926438
Dump?
that's not a dump, that's a ritual suicide pact.

>>17926438
That's why you don't shut down a market. All that pent up energy gets focused in one direction

>>17926457
what the fuck are you talking about, 20% is hardly even bear market!

Cheers to the anon who bought SQQQ on the AH pump with me

>>17926435
>If they can't keep a smallish city fully stocked

It's not that they can't keep it fully stocked, it's that a small subset of people (those quickest to arrive at the store) scalp the commodities and leave scraps for the rest. Boomers and soccer moms with 6-seat SUVs are buying everything in bulk 5 times a week and artificially reducing supply.

>>17925386
I have returned from the grocery quest. Similar stock situation to last week. People buying up rice and pasta like crazy. And still with the frozen pizzas! I had to go to a second store to get eggs as the first was out. Second store had plenty available.

I have about 6 weeks of toilet paper on hand so didn't need any more but I checked the aisles in both stores just to see. Zilch. I mean ZILCH ZERO NOTHING available for toilet paper. This has got to be a self sustaining meme with people. Everybody load up on toilet paper because stock might be out. News reports toilet paper shortage. People hoard more of it. News and social media run the story again. More hoarding.

What should i sell

see >>17926237

>>17926447
And then those 4 people starve because no one can afford the rent

>>17926477
Those are long term trends retard. God damn so many 90 IQ migrants here now

>>17926413
B-but if i put 200€, slowly work to the 400 mark, withdraw the 200€ i've originally put in the beginning i'm basically playing a vidya with virtual money, isn't it?? OH GOD PLEASE TELL ME IT ISN'T TRUE, I KNOW I'M BEING COCKY BUT SHEEEIT I MAY HAVE LIVED INTO A LIE UNTIL NOW

>>17926439
You can earn 1 year worth of work in a single day as easy too.

If you're that shit scared, diversify. Make multiple good decisions instead of a single terrible one.

>>17926425
No I was in qtrade it was so shitty I'm taking most of my money out and moving it to wealthsimple yes. Gonna leave a little cash in qtrade for trading options but they want 8.75 a trade for ETF'S or stocks or bonds its horse shit so for equities trading I'm gonna use wealthsimple because they charge 0 fees

>>17926490
>Boomers and soccer moms
Its actually all Chinese and Indians buying up everything at the costcos ive seen. Most white people arent so selfish and petty.

>>17926480
Dude I'm selling the fuck out of my TVIX as soon as it peaks. It's the same pattern. Stocks plummet as everyone sells their shit, SQQQ/TVIX shoot up, and then it's a bull day from there on.

>>17926513

Maybe you're right. I'm one of those people who only goes at the tail end of the day to avoid being around too many people at once, so I don't actually see it happening.

>>17926511
Yeah I just made a wealthsimple account, will probably move my account there and stay at BMO for options.

>>17926513
>Most white people arent so selfish and petty.
This is just straight up delusion. Unless you want to pretend the bottom end trash that is heavily associated with Walmart doesn't exist.

>>17926505
you missed the part where I said give everyone a fixed pay every month........ this pay would be standard income for a standard way of life... cough cough socialism/communism

BLACK THURSDAY CONFIRMED, OFFICIAL BEGINNING OF THE GREATER DEPRESSION
BLACK THURSDAY CONFIRMED, OFFICIAL BEGINNING OF THE GREATER DEPRESSION
BLACK THURSDAY CONFIRMED, OFFICIAL BEGINNING OF THE GREATER DEPRESSION
BLACK THURSDAY CONFIRMED, OFFICIAL BEGINNING OF THE GREATER DEPRESSION

>>17926511
Also I had a qtrade account just to buy one shitty pharma stock that ate shit. Indeed a shitty platform. I swear its ran buy like 3 guys in Vancouver.

>>17926542
I like to make a few smaller moves a day and at 8.75 every time you buy and again when you sell it was starting to really hinder my ability to grow

>>17926519
Thursdays are for blood sacrifices, Fridays are when emergency pump opperations always kick in (because all those options expiring on the same day)

>>17926554
cool, imma run out for cigs n tacobell, let you know if i see any soup kitchen lines on my way out

>>17926554
It's just a 2% drop nigger, after the hammering the stocks were taking past week, this is nothing.

>have enough money for 3 puts for GM May 01
Should I?

>>17926554

Damn, man. Why do I always sell my puts the day before really huge drops?

>>17926560
Judging by their hold time I'd be inclined to believe you

>>17926554
>tfw too late Schwab to let me get options and for my cash to settle so no puts
>It doesn't matter cause the premiums are xbox huge now and I can only afford like 1 SPY put that is realistic

so if you are holding a stock and it closed at $40 and it drops to $30 dollars in the after hours trading, does it start at $30 the next day?

>>17926474
Yeah kind of. It's a great way to stop a heavy short term sell off when trying to fix whatever the problem is, but shutting down the market for 2 days when the chaos JUST started and is clearly not even close to being over is pretty damn retarded

any ausbros feeling BULLISH this morning on the 0.25% cash rate cut and big stimulus injection? Been loading up on geared etfs this morning averaging in and tempted to pick up more soon.

>>17926547
yes, glorious system comrade, i cannot wait to eat at the glorious democratic people's soup kitchen with comrade shebonniqa and Trayvon enjoying the harvest good comrade Trump has provided us with to stave off economic devastation

>>17926554
wtf bros, that wasn't the plan. I'm out of puts

>Ctrl+F
>jobless claims
>bonds
>dollar index, dxy
>0 results
Jesus what is even the point of these threads?

Consumer search activity for PTO / sick leave / unemployed benefits forecast significant jump in jobless claims toward 358k by month-end. TX forecasting jump from 4.5k to 16k. CT forecasting 2k to 25k. Same story across many states.

https://www.houstonchronicle.com/business/article/Texas-unemployment-economy-coronavirus-claims-15140797.php
https://ctmirror.org/2020/03/17/unemployment-claims-skyrocket-as-coronavirus-crisis-deepens/

Report comes out tomorrow, red fucking day, screencap this and thank me later dumbfuck zoomers I'm out

>>17926615
no you need to add them together it starts at 70

OKAY I'M GOING TO GO ALL IN TO EXXON/SHELL/BP

THIS SURELY HAS TO BE THE BOTTOM

futures red again

>>17926532
I dunno, I went to the kroger closest to my house at a bit past 7 a.m. It opens at 7. The TP was already almost gone. I managed to snag some and some paper towels. I didn't look at the frozen section but I heard people saying that it had been hit pretty hard already. I mean shit, soon I'll have to fucking camp at the damn store at this rate.

>>17926627
>any ausbros feeling BULLISH this morning
0.55 USD

>>17926630
>he thinks reports and statistics have anything to do with anything in the market right now
Hahahaha.

>>17926570
I just don't see how Thursday could be red with how hard today's crash was. It's going to bounce. Friday might pump because of puts expiring. Monday is going to be like a nuke going off though.

>>17926630
priced in

>>17926644
>PINK ID

>Starting to inch to limit down
Funny how this doesn't even have the same excitement as before. We finished at like -6% and I was dissapointed.

>>17926615
opening bid wont be $30 on the next day after a 25% loss if the stock performed worse than its industry index, will keep dumping after the bell.

>>17926630
yes! Jobs friday!
I was going to post about that earlier, I'm not sure if tomorrow's numbers will reflect it yet though.

Two weeks... that'll be a shitshow. Hopefully we get some major silly oversold bounce first, this market is too bloody to feel comfortable shorting on, and IV is too high to buy puts.

>>17926644
I SAID THAT AT 42

thoughts for tomorrow and friday? I've gone all cash but man I've suffered serious losses
Quadwitching give the last dead cat bounce?

ITS CRATERING

>>17926669
>hit -11% was feeling so excited for chaos and despair
>that surge to 6%
most disappointment I've ever felt

>only down 3 percent
YAAAAAAAAAAWWWWWWWNNNNNNNNN

What happened to futures? Saw it was green earlier for our usual dead cat bounce now blood red

>>17926644
BOTTOM IS 5/6 MONTHS AWAY

Mass unemployment, looting, crime waves already start on April

>>17925494
>We were on a knifes edge before Corona.
>The fed was conducting it's massive repo operations before Corona.
>It just took a small coof to push everything over the edge.
>Of course all politicians and CEO's will blame it on Corona.

This guy understands.

im gonna wake up to a BIG negative number :/
at least it can only go so low overnight

>>17926690
congress is saying they are gonna vote on that bill Friday so I dont think it will dump at the end of the week

Ok so should i go all in MRNA, SQQQ, APRN, CNTG? (Maybe TQQQ)

>>17926691
Asian markets are looking ugly as fuck too
nikkei is the best of the bunch and still down almost 2 percent

Happy!!!!

>>17926644
>THIS SURELY HAS TO BE THE BOTTOM

WHAT THE FUCK WHY ARE FUTURES DUMPING I SOLD ALL MY PUTS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>17926667
>I just don't see how Thursday could be red with how hard today's crash was. It's going to bounce.
Get over here, this is for your own good.

>All those ニワカ that bought calls/TQQQ/UPRO and sold their puts/SQQQ/SPXUs because of the late day pump

What is with all the people on this board asking "what do I buy"?
You're fucking stupid. You're retarded. If you are actually going to listen to what some dipshit anon on biz tells you, you fucking deserve coronavirus.

>>17926666
based satan

>>17926667
based retard

>>17926554
>17926554
In the new economy, puts never go down

>>17925636
>Does flattening the bell curve overall hurt the economy more or less?
>Yes, I know it saves more lives, but what about the market?

It prolongs the economic impact and increases the odds of systemic failure.

redpill me on which oil ETF to buy to get retarded huge gains.

>>17926759
So fucking glad I held my puts instead of selling at lunch time today

>>17926765
I thought about this too until I thought about the hospitals. If the hospitals are full and people are dying sick it would cause riots, looting, etc. country wide.

DAX WILL MELT TODAY
DAX WILL MELT TODAY
DAX WILL MELT TODAY
DAX WILL MELT TODAY

>>17926739
>>17926754
Dude if it crashed that would be amazing for me. It just doesn't match the pattern. It's literally up, down, up, down.

>>17926777
same lmao

>>17926776
buy OILU :) make sure you hold it until april

Why is the market not reacting good to the US government actually taking action for the pandemic?
Shouldn't things be going up????

>Futures dumping because Ron fucking Paul is singlehandedly holding up the corona stimulus

GOD FUCKING DAMN IT MY CALLS

>>17926864
BASED RAND PAUL
NO MORE BIG GOVERNMENT
NO BAILOUTS
NO HANDOUTS

>>17926863
DOLLAR UP
MARKET DOWN
GOVERNMENT ACTION BAD
GOVERNMENT INACTION BAD
AAAAAAAAAAAAAAAAAAA

>>17926864
But anon, think of my puts :^)

>>17926864
>Ron*
his son Rand my dear amigo
based lolbertarians holding up shit that will get them lynched

>>17926863
>he doesn't know

>Futures about to hit limit before overnight moves
Welp, tomorrow is gonna be fun

>>17926863
Because the fundamentals haven't changed at all. More people are getting infected, more countries are closing down, more people aren't going to work, more people are getting laid off, etc etc. The US government promising $1000 a month to Americans who on average make six times that in a scenario where global trade is shut down and nearly all commerce is halted means fuckall in the grand scheme.

Well I only have 12K in spy puts right now and huge pile of cash held up by a stupid faith violation but at least those puts are way OTM and if we get another crash they should appreciate quite a lot

>>17926864
It passed house and senate today, what are you on about? There was a small bump earlier to add an amendment to completely withdraw from Afghanistan but it was passed without it.

>>17926438
anyway to short the philippines?

>>17926863
Panic has a way of cascading. It's like a mooning stock that builds momentum the further it rises but the opposite. The FOMO sell (aka fear of losing everything) and the FOMO short are both present phenomenon on the market.

>my company has lost 80% of value since IPO

RIP my net worth

>>17926921
Buy cartel stocks ie. cocaine.

>>17926783
>I thought about this too until I thought about the hospitals. If the hospitals are full and people are dying sick it would cause riots, looting, etc. country wide.

The way I'm looking at this is that we were already in trouble back in Sept '19 and it just kept getting worse, slowly, up until the virus hit in Jan. If $3t couldn't shore up the system between Sept and December without the virus, how much is it going to take to prevent a complete collapse now? Had the virus just peaked and gone, maybe the Fed could have gotten ahead of the impact, but dragging out the agony like this seems to be a guarantee that things will get catastrophically worse.

If the toilet paper situation gets dire, I know a guy. He has the stuff. 2ply, 3ply, quilted, flushable wipes if you're in to the kinky stuff. Whatever you need.

How red will it be??

:)

>>17926952
#f51b00

>Randlet Paul wanted an amendment for pulling out of Afghanistan in the coronavirus bill
You will never be half as great as your father, Randlet

Is it really going to break the trend of bouncing after reach dump?

THESE FUCKING RED CANDLESTICKS HOLY SHIT

>>17926863
dude the US is going to shut down just like China did. they fact that Trump hasn't done so already is making it much worse.

>>17926982

I think this happened last week too.

PUSH IT TO THE LIMIT

>>17926951
I've got all the toilet paper I need.

Has El Erian been in the media at all this week?

>>17926922
Yes... El-Erian predicted we would overcorrect then pop back up. I'm not sure we're there yet until more of the congress is diagnosed with Coronavirus.

>>17926982
Last Thursday was a second day, and was a bigger dump than the preceding day
Hmmmm

>Yes, things are going to shit, but here's a little bit of free money to compensate.

The absolute state of the U.S. Congress.

MOOMOO IS TRYING TO KEEP IT FROM LIMITING DOWN
BUT WE WONT LET HIM BEARBROS NOW WILL WE

>>17926998
>>17927028
Good lord you're right. I'm an even bigger brainlet than I realized.

>>17927028
yeah but wasnt that due to Trump shutting down travel from Europe?

Tell me what to buy tomorrow. I will follow blindly.

>>17927055

400 3/20 SPY calls

>>17927022
uh hello milk department, id like to make a withdrawal, 1 choccy milk please and thank you

>>17926554
no way tomorrow is a Trump Pump day

also pic related is the new gains

>>17926776
GUSH

>>17925867
>CERU ma nigga
Holy shit this was just a blast from the past.

>>17926391
yeah bro, put in real money and if you're not disciplined you will lose it. Losing 4,000 dollars in a day can be hard. Especially if it is your fault. If you want to learn, put in 500 dollars and trade

Fuck, I'm so conflicted. I love limit downs, but I have no puts.

>-4%
>zey though there would be stimulus?
>get Rand Paul on ze line

>>17927061
100 4/17 SPY puts

>>17926951
Can you hook a nigga up with that 6-ply

Fuuuuuck i closed my puts together thinking we were going to pump tomorrow.

>>17927100
this was me yesterday watching premarket dump. feels bad but there will always be another opportunity!

>he bought calls
Oh anon...

>>17927116
Is this mumu's new plan? To drill even further so we don't get a chance to buy puts?

>>17927109

Now we're talking.

>>17927116

Same, but they were MSFT puts. No particular reason for shorting it except that it's a bedrock company strongly correlated with the S&P. Got tired of seeing it go up and down and getting theta fucked each day.

>>17927135
Bullchads win in the end. Thanks for playing, bobo

>>17926638
kek

>>17926927
What company Anon?

I'd invest in something that one of us faggots runs

>>17927133
Oh I bought calls alright
Calls on SQQQ and VXX

>>17926554
lol

>>17927112
for a price

TUMBLING DOWN
> TUMBLING DOWN
TUMBLING DOWN
> TUMBLING DOWN
TUMBLING DOWN
> TUMBLING DOWN

>More than 80 national security professionals break with tradition and endorse a presidential candidate
we ridin nigga

>>17926247
So close now

OOOOO LORDE
Looks like I've finally got to take the CoronaPill and learn me something. The Economist put together a Coronavirus homepage hub!

https://www.economist.com/coronavirus

Particularly of interest:
>Understanding SARS-CoV-2 and the drugs that might lessen its power


>>17927052
good lord was that wednesday?
that can't be right, that feels like forever ago
>>17927067
He has a scheduled FDA related announcement or something? Maybe he's gotten them to relax some restrictions in cases of extreme need.

>>17927066
Tonight's special is warm milk au natural
if you want flavors or pasteurization, you've come to the wrong place.

Futures are shitting themselves.

>>17926554
>now -900
Hey, what the hell? Futures are all red and shit. I thought it was supposed to bounce tomorrow?

>all real trading takes place after hours

HERE WE GOOOOOOOOOO

NEW NEW NEW

>>17927236

>>17927236

>>17927236

>>17927236

>>17927236

>>17926141
gloves

Bless the bat that gave their life for bear gains

>>17925405
>life savings
>On RH

You done goofed.

>2 days of red
>green/red pattern broken

It's ogre

>>17927234
Bamboozle day!

>>17927100
There's always another train.

Calls or Puts on SQQQ?

>>17926667
that is because you dont see the pattern yet

>>17926863
It did. It did that on Friday.

Now the average American is waking up to realization that don and fox were wrong and shit is kinda maybe serious.