/biz/ - Business & Finance

https://www.cnbc.com/2020/03/19/california-governor-issues-statewide-order-to-stay-at-home-effective-thursday-evening.html

California governor issues statewide order to ‘stay at home’ effective Thursday evening

>>17951900
At this point COVID-19 is a disease people are just going to have to deal with. There won’t be a “cure,” best we’ll do is a vaccine.

Social distancing is in place to slow the spread because the healthcare system couldn’t handle everyone getting sick at once. At some point we’ll do a cost benefit analysis and send everyone back to work, even though the disease will continue to spread. How long till then is hard to say, as no politician wants to take that position till we get a vaccine.

Yeah. im thingken great depression

>>17952266
Doesn't matter people won't listen. Same thing happening everywhere. You can't force people to stay home unless you give them neetbux.

Oh my, what's this? A complete economic shutdown? A great depression? Hold my puts.

>>17952271
How many months before they're forced to make a decision would you say?

KO possibly going under 40 was mentioned in the previous thread. I've got a lot of dead weight in ONTX right now I could push there, bit am a little hesitant. On one hand, o don't want to sell for a loss, but of I did push the money to KO, I'm positive that'll be the day ONTX has it's time in the sun.

>>17952311
Less than a month.

Dead boomers < than riots and burglaries over toilet paper.

>>17952303
The great depression is insensitive to those who are overweight and those who are depressed, would it kill you to be a little more thoughtful. We prefer to call it the politically correct "big sad" these days.

>>17952266
>order
So not mandatory. Nothing happens besides the super anal people obeying.

buzzfeed, lol

Should I get TD Ameritrade or Webull? Feel like Ameritrade is much better while Webull is just an upgraded Robinhood

Futures went up after shutdown. We are at the bottom all this stuff is already priced in.

MARTIAL LAW DECLARED IN CA.

FUCK THE KIKES
SHORT SPX UNTIL 1800~
LONG BACK UP
INVEST YOUR PROFITS IN ENDING URSURY
>t. don’t worry about it

>>17952361
big sad

>>17952406
Proof

>>17952277
>You can't force people to stay home unless you give them neetbux
fuckin a. Should be out on the streets with organised coofer protests, till our demands are met

>>17952439
Look at the news retard
They declared lockdown

My brother called and said the NYSE and CBOT are going to be shutting down trading tomorrow.
Exit while you can.

>>17952460
Take your meds

Guys, i’m seeing GUSH is super cheap? Possibly buy and hold until oil rebounds? Feel like it possible to do it within 5 - 7 months.

>>17952460
My dad is the CEO at Goldman Sachs. He says you're full of it.

>>17952479
He isn't wrong.

>>17952422
Checked. Based and Etrian pilled.

>>17952227

>>17952460
Your mom called my brother but couldn't understand her because my cock was in her mouth.

>>17952453
It's unenforced. Wait a week when they see no one gives a shit. It's happening but not today.

>>17952453

sure thing doomer, doom away, tell us about how the seas are rising and solar rays are coming to get us too.

>California: Closed
>Florida: Closed
>Washington: Closed
>New York: Closed
>Pennsylvania: Closed
>Futures: CRAB
What did they mean by this?

>>17952556
It's priced in. But not really.

>>17952556
pump tomorrow cause of quad witching and then monday we go straight to the bottom

>>17952556
MMS trying to pump as much as possible so they say minimize their losses once they unironically exit all markets.

>>17952556
open -19%, close +19%

>>17952556
Massive bull trap, like 5d chess levels of trap card playing.

>>17952556
It's going to take off tomorrow and then crash to the center of the earth Monday.

>>17952519
I mean, the official pdf outlines it as a misdemeanor in CA. Bad enough to deter normies.

>STOCK TRADING TO BE SUSPENDED

https://www.washingtonexaminer.com/washington-secrets/trump-eyes-grounding-jets-halting-stock-trading-ording-shelter-in-place

>>17952556

sounds pretty doomy, tell me more, maybe some bees and a rogue nuke too?

literally will believe anything if Don Lemon cries about it huh?

>>17952605
PA is not even enforcing nonviolent crimes anymore. Wake me up when they start street patrols.

>>17952453
>declared lockdown
Not martial law so normies dont care

>>17952608
(((wasingtonexaminer)))

>>17952608
Bedard's a known fear mongered and rumor spreader. His opinion is worth less than the nuts jobs on /x/

>>17952227
>>17952556
>>17952453

This is in fact, likely the bottom for now.

As you can see bond yields are going way up, managers are loading 7.62mm $$ in their AK clips to go cheapie hunting.

What all managers look for is for retards like (you) and (me) to finally give up, this is part of the reason the shill doom and gloom. Short volumes are down.

Today you saw a much more organic resistance at SPY 240.

If corona mutates or the death rate skyrockets to 45,000 next week, then yes, SPX 1800. But until then, you have the most bearish worst of all possible cases at 2000, and a lot of potential upside on the bill passing.

>>17952227
I'm in california and I haven't been able to buy a gallon of milk for a fucking week. I was going to spend the day looking for some tomorrow. FUCK

>>17952649
>the nuts jobs on /x/
take it back.

>>17952671
Im almost out of TP :( .washing it off in the shower might be reality very soon

>>17952663
Not bottom until peak corona-chan. It is not that hard to understand.

>>17952713
just unscrew the shower drain grate and shit directly into the pipe

Explain to me how this news about California is going to cause Oil prices to moon tomorrow

Andddd, i'm getting laid off from my job. Hopefully these stocks go up soon.

>>17952663
>>17952714
>Infected: 244,000
>Deaths: 9,890
>Mortality rate: 4%
China's lying literally FUCKED the whole world. China will be fucking wiped off the map if we survive their plague. FUCK LYING CHINKS.

>>17952663
there's a repo crisis that started last year, pension funds are insolvent, the government is bailing out every industry, dozens of CEOs quit their jobs in anticipation, senators sold millions in February, the unemployment websites are crashing do to load, mass layoffs haven't started, supply chain hit hasn't fully manifested yet (companies will run out of reserve stock soon), quarterly earnings are next month, hmm what else? yes there is a global pandemic. Oh right, there's a housing bubble, student loan bubble, sub-prime auto loans. What else? OH YEAH. All growth in the market since 2009 has been fucking stock buybacks! OH RIGHT any the fucking pandemic hasn't even slammed the hospitals yet. Do you realize by this time next month the average hospital will be swamped with elderly people who are literally suffocating to death? Picture it, and the media coverage.
We haven't even priced-in all the people who will be drawing out their 401ks to pay for mortgages, rent, and food. OH yeah, and the food shortages. OH YEAH and the national GUARD is being DEPLOYED because of the very real possibility of riots in the major cities. OH YEAH and there's going to be an Occupy Wall Street 2.0 coming that will be militantly violent with a fully built-up army of anti-Drumpf cattle manipulated by strongest anarcho-communist blac block America has even seen (as a reaction to the Alt Right).
Yeah mate this is the bottom for sure... for sure... for sure...

>>17952763
what job lol

give me some feedback mateys. i'm thinking about going all in on puts for LVS. There's no way they can sustain a minimum two week full closure on top of 90% reduced tourism for months right? Am I missing something or is this my ticket?

>>17952663
how do you figure a 30% reduction in inflated bullshit is enough of a retracement after a global shutdown and probably complete shuttering of entire industries

>>17952783
I actually am starting to get curious about whether or not the elites want to sweep this under the rug or not. On one hand ordering from China is pretty much legal slavery. On the other hand China almost/just crashed their ponzi scheme.

>>17952730
Better to leave the grate in and waffle stomp it. You don't want your shower drain backed up with shit.

>>17952793
Wagie, job.

>>17952227

>>17952608
>definately looks like a guy you can trust and not nosferatu

>>17952227
>40 Million People ordered to stay home
Wonder what the homeless peoples reaction will be when the national guard goes to their tent city and tells them to all go home

>>17952422
>isn’t THAT long
>hahahahaha
>not that long
>not that long
>not long
>*giggle laugh*
>it’s short, anon!
the fuck did memecukk mean by this

>invested half my net worth into the market
>down 2% after 24 hours

im actually scared as fuck, I may have destroyed my life

>>17952944
YOU IDIOT.

why would you blow your load so early?

>>17952714
Wrong peak infection rate is target and likely only once peak infection is predictable. Because testing delay will take a while for the curve to make sense.

>>17952831
It isn't, but it is for now. My point is if some of these retards are buying 4/1 190 SPY puts expecting the freefall to continue at the previous rate, they will be out of money.

>>17952227
The bottom is in. Crabbing from here on out.

>>17952959
i didn't wanna miss out

>>17952944
If you invested in regular stocks you will be ok. You can only loose what you have invested. Hold, don't be a bitch

>>17952991

>>17952967
It's ok, 2400 for the S&P was the first buy point imo, you just went a bit too deep. Wait to see 2100, do another 25%, and then 1800 for the last 25%. If we keep dropping, start sucking dicks for money to invest

>>17952783
california's governor even said that he estimates 56% of california will get infected which is 25.5 million

4% of that is about 1 million

epic times coming

>>17952944
What did you buy?

>>17952944
Whatever you do: DO NOT SELL. Unless your stonks are at value or more than what you paid. ABSOLUTELY DO NOT SELL. You can hold onto them. They'll bounce back eventually (few months-year).

Guys... bullish?

>>17952460
My dad works at Nintendo. Says to buy

Bullish.

>>17953002
lmao

>>17952227
Someone once told me time is a flat circle
Everything we've ever done or will do we're gonna do over and over and over again
And the Fed, theyre gonna be in that printing room, poomping
Again
And again
And again

>>17953042
No. I'm not buying calls until I see +3.0 green or higher.

>>17953030
>56%
Subtle

>>17952790
1) Karl Marx is gay
2) If the communist block was really "strong" enough to go revolt at any personal risk or discomfort to themselves, they would have showed up to the polls to vote in bernie instead of chill and watch amazon prime while tweeting how outraged they were at the results
3) gommies hate guns and literally have removed their own balls, not exactly an armed group like the burly rifle wieldig krostad sailors to be scared about
4) the government bill is not bailing out "every industry"
5)the national guard is activated, not deployed, which is standard procedure in a natural crisis, usually to help with labor

I'm sorry commie anon, its just never going to happen for you.

Bobos. What the fuck?

All these treatments popping up every day don't really work

Vaccines will never happen

Let's leave it to natural selection

>>17953098
Nigger, fuck you. People are loosing their jobs over this bullshit. "Strongest economy in the world" What a joke.

>>17952944
Your shaking hands disgust me.

>>17953105
I mean, once you already have a virus, there really isnt much you can do but mitigate the symptoms, cuz they arent alive.

Is this state sponsored socialism? What kind of fascism is this?

How do they expect to stimulate the economy if they strangle the income of high class hookers and coke dealers??

>>17953034
this
>>17953002

>>17952966
ahh right i could buy that.all my puts have been june minimums. second quarter earnings are going to be death knells

>>17952831
because the fed is keeping it poomped up with free debt. Theyre just gonna keep pumping the repo market so the banks can lend to small businesses and they already announced today they're gonna keep buying corporate paper. We have a ways to go till a straw breaks the camels back and it all tumbles down but for the next few weeks this is the bottom. Last 2hrs of freaky friday will give an indication of where were going for the next fortnight

>>17953068
he said there woudn't be a mass selloff weeks ago when it was underway too. creamer is who you look to to tell you what everyone was thinking 2 weeks ago.

>>17953098
>gommies hate guns
"Under no pretext should arms and ammunition be surrendered; any attempts to disarm the people must be stopped, by force if necessary"
-Karl Marx
Fucking idiot

what the fuck you in lockdown anyway?
i hate my family

>>17953120
Yeah! Those fucking retard communists in China caused all those people to lose their jobs over this bullshit. What a joke.

>>17953158
play animal crossing

>>17953126
This, together with banning people from working temporarily, along with the National guard and FEMA being sent out will make things very interesting in 4 weeks from now.

>>17953126
Its a shame how the most vulnerable among us (executives) are being oppressed while lazy fat unemployed people receive free money

>>17953166
Sorry Trumpkin, but I still have anger enough left over after Xi to be plenty pissed at our incompetent, narcissistic "leader".
Better Sleepy Joe than Delusional Don.

>>17953038
This, as your stocks plummet in value just remember you dont actually lose anything until you sell. It's not as if you could have exited you position and made better investm- oh wait...

>>17953170
based and vidyapilled

>>17953153
And yet the same people that start out with his principles give up on that exact principle within 1 year.

>>17953158
pick up an old guitar and play some grunge

>>17953120
Obvious leftypol subversive. You self consciously lead with the "i'm one of you guys" words right at the outset. Beria would have had you shot for your lack of skill gommie faggot. Bernie is done, all major news outlets turning on him, and now he's in a position where continuing to force people to the polls selfishly risks lives, which could end his chances permanently.

Arch centrist Biden will win and neuter the commie uprising for decades to come. It's over. Try again next century :)

>>17953126
I hope they do this along with the stricter restrictions the democrats want. Id rather the government not bail them out tho.

>>17953196
Those people arent leftists, theyre worthless liberals.

>>17953126
Wait what only 2 years!? Thats bullshit. Theyll be back to doing their usual shenanigans in time for another crisis.

>>17953189
>Assumes everyone who hates you likes Trump
>Assumes I'm even American
Why do you Communist retards all act the same way? You're like fucking robots. Bring on the smug cop-out so you can delude yourself you're smarter than everyone. You guys always do that when you make fools out of yourselves.

>futures are back down to red

>>17953149
He absolutely did not say that.
He said his oscillator said to start buying. He said we’re oversold on the short and medium term.

If you did that and sold into Friday’s massive oversold bounce, you’d have made money. If you bought the right positions and held (CLX and COST) you’d be happy.

He’s not perfect but he’s been calling for doom since the Super Bowl.

How has Mexico not gone full Dawn of the Dead?

>California
>if by itself would be the worlds 7th largest economy
>on lockdown

>bulls: GREEN TOMORROW

WHERE DO THEY GET THE OPTIMISM?!

>>17953263
It's going to be green because everyone's going to load up on puts.

>>17953263
The market is retarded, stop trying too hard to understand it.

>>17953244
it's been there for a while hombre

>>17952713
I will sell TP for crypto. $20 worth of coin for 1 roll

>>17953223
Correct, this is just a token gesture, a slap on the wrist
>don’t do it again! But when you do, let us know to sell before the market crashes. That really helped me out this time around.
>>17953263
Since Ackman, or even earlier, everyone has been expecting a global shutdown.
It’s short the rumor, cover the news. Get it?

>>17953158
Read a book

>>17953226
You sound awfully concerned that I blame China.
Of course I blame China, it's a despotic shithole run by corrupt assholes that treat their people like livestock.
But I'm not simply gonna call this "China Virus" like our Executive Boob as a way to divert the blame from someone who's been singing how this "Is a nothing, a few people sick then its over" and actively joining the Fox Propaganda Channel in mocking anyone who attempted real preparations. Things could have been fractionally as bad if Trump had simply listened to a FUCKING EXPERT for once in his life, instead of skipping through the CDC lab and praising himself for his surprising genius at pathology.

>>17953244
Same reason India hasn't either. Government doesn't care enough to lock it down, government doesn't want to/cannot afford to test people, and most people probably aren't even aware they are infected. They're going to get blind-sided.

>>17953263
freaky friday baybay! Anything could happen. The las vegas strip is shut down so the NYSE will be replacing it on friday between the hours of 2pm and 4pm. Alot of people putting their chips on green after yesterdays poomps but the patricians are all in on red.

>>17952790
perfect post, this is our century's Great Depression

>>17953153
You're a meme ideology. Not even in Russia was Marxist socialism able to achieve power democratically.

So what did you do? You leftists alienated white union factory workers, soldiers, and police officers, the only ones who hold firearms, in favor of spoiled college students and chicks who think guns are icky and anything more than a 2 hour protest or flagging posts/videos is a drag.

You literally, and in political terms, cut off your own balls tranny faggots. You let your best asset go to trump. If there is a serious uprising, the burly armed factory workers of the USA will be coming to kill the NYC commies and leftists, not to bring them to power.

Nice job tho.

>>17953263
e-thots market is on the rise

I really wish they let the stocks fall. Let them get cheap rather than relatively cheap while costing America trillions.

>>17952671
>Imagine unironically living in California in the year of our Lord, two thousand and twenty two.

>>17953312
>You sound awfully concerned that I blame China.
Actually I think I miss-interpreted your post.

>>17953312
So just to be clear, you think the markets would be significantly higher worldwide if not for Trump? Because thats what youre spewing

WALLAH!
Just like that, Nintendo will never trade under ¥37,000 ever again! Hope you got your cheapies!!

>>17953312
The correct name is WuFlu, because the first explosion of infections came from Wuhan.

Is there some chart somewhere where I can measure how much liquidity the whole world has right now?

>TFW stuck at home with my wife for weeks and she keeps wanting to fuck

I JUST WANT TO BUY STOCKS WITHOUT ANY DISTRACTIONS DAMMIT!!!!

>>17953382
>WuFlu
>Not Kung Flu

Reminder to sell out of your positions before the final hour so you can watch the shitshow in the final hour.

http://chng.it/cPdK7d8h

Help me fight Corporate Greed

Grocery stores can not keep up with this retarded demand. We have no fucking labor.

>>17953292
They aren't reporting their numbers is the thing

>>17953389

>>17953337
It's almost perfectly timed with the last one, too.

>>17953391
Correct. It has nothing to do with anyone or anyplace called Kung.

IB, TD ameritrade, or tradestation?

>>17953380
>So just to be clear, you think the markets would be significantly higher worldwide if not for Trump?
I think that if Trump mobilized the pandemic response infrastructure (that he didn't arbitrarily disassemble because Obama created it) and took actual emergency measures when he was being warned to, we'd have this situation more or less contained to a few locations, and there wouldn't be catastrophic economic disruptions in the USA.
That's what I think.

>>17953432
But Kung Flu is fucking hilarious.

>>17953299
Ackman, along with many other prophets of doom on CNBC, are buying up cheapies left an right. If he really thought what he said was true, he would yank everything out immediately at a 10% loss, that way he would have saved billions. He is not doing that.

>>17953431
welp, another lost decade.

more degeneracy, violence and hopelessness.

What did Icahn, Buffett, and Slim mean by this?

>>17952756
i hope not

>>17953402

considering many store, bar and restuarant closings, primary demand locations just got all the labor they will need

>>17953447
Don't bother with the maga retards, man. They are too far gone. if trump told them to kill themselves they would probably do it.

>>17953480
0/10 bait my friend

>>17953471
My grocery is a union job. I highly doubt they want to hire people right now since once they pass probation, they can't really be fired.

>>17953087
lol

>>17953244
>>17953292
>>17953318
>>17953408
>be shit hole
>have no money
>have massive crime
>have shit healthcare
>have retarded population
>be corrupt useless government
Life will be better after the Chinese virus is over for them, they have nothing to lose.

>>17953447
There is barely any death/cases in America so its more like you are projecting your hatred of ideology different from yours

>>17953506

No grocery store in the U.S is union, so where do you live?

>>17953526

Isn't Stop 'n Shop a union gig?

>>17952663
>or the death rate skyrockets to 45,000 next week
This is going to happen; It is not an if.

>>17953526
California.
There's actually a couple of chains here that are union.

>>17952730
Why tf wouldn't you just shit in the toilet and then clean you ass in the shower?

>>17953500
It's not bait. There's a gigantic influx of /leftypol/ people spamming this board because the economy is in the shitter and ignoring the fact it came from a Communist shithole.

>>17953513
Based on my experience with people born in India. I think they're perfectly happy living that way.

>>17953447
>that he didn't arbitrarily disassemble because Obama created it
Tim Morrison said the pandemic response team is still there. It was restructured under one organization, not disbanded.

>>17953544
You're kidding, they actually have union grocery stores there?

Gamblebros, how are the odds on Trumps re-election looking now? Might be a good time to buy in.

>>17953500
Within 10 days, we've gone from:
"Nothing but a Dem strategy to make me look bad"
"Look, I'm at the CDC, they'll have tests and a cure in no time at all"
"Its a Pandemic. I saw it coming before anyone else"
to this morning's
"No one could have possibly forseen this coming"
Our "leader" is 100% concerned with how this makes him "look" and how it affects his 2020 win.
He seemingly gives no fucks about a single American citizen beyond spoofing them into filling out their ballot to keep him in glory.
Beyond simply taking any sort of blame or even responsibility, he denies any fact that would seem unfortunate for his re-election odds.
That's the sort of creature we have in the Oval Office.

>>17953546
>perfectly happy living that way.
Yes. Ignorant people are happy because they are not cursed with knowledge.

>>17953575
Off the top of my head, I know of at least 3. My place of work, a competitor, and some third fuck off store.

>>17953098
I'm not a communist at all I just know a lot about anarcho- types. A communist who understands the repo market operations would be a pretty rare thing

Am I the only one cheering for the stock market to fall even further even faster? I honestly don't even care what happens to my 401k.

>>17952944
dude you buy in over WEEKS not half your net worth in a day... PULL OUT And START OVER

>>17953453
Ackman is definitely banned from live tv till after the crisis

>>17953526
Giant Foods is unionized.

>>17953546
>Ignoring the fact it came from a communist shit hole.

I am ignoring it came from china because it was shitty unregulated markets that allowed this to happen in the first place. You know nothing about the economy or politics you are a liar and a fraud and you are a dipshit. There's no point in engage with some one as stupid as you are. You are here to do nothing more than obfuscate the argument so you can defending this horrific system of serfdom. Your existence is being a CIA shill and you don't even realize it. Everyone knows what communists and socialists want at this point. The only people who think we argue for an economy like china's are idiots like yourself you don't know anything about either a capitalist or a communist mode of production. You are, again, a fucking moron. Please kill yourself as quickly as possibly.

>>17952266
Call your reps, this is b*******. Those old people that will die from the Corona virus would have died from the regular flu or something else anyway. if you can't live without a ventilator, and maybe it's time.

>>17953584

Yeah politicians never worry about optics or being cognizant of their political means in a time of crisis. He's just more honest about the same shit they all pull.

A system that broken at its core is largely putting on a show for people that do not realize the pattern of passing the ball back and forth to keep the masses appeased wasn't the plan all along.

>>17953609
>A communist who understands the repo market operations would be a pretty rare thing
Those are the people who are into Communism because they know it's an opportunity to control a lot of people. Those are the people who end up being the elites in Communist countries that turn it into "not-real-communism"

>>17953591
Rosauers is one of them up here in MT, they pay absolutely garbage too.

>>17953526
The Schnucks chain here in the Midwest is a union grocery story, wtf are you on about?

>>17953444
Milk plz mr. Trips
>>17953453
Guy had a nervous breakdown on TV, and I think he wanted to have a hopeful note in there. If he just said it’s hopeless, we have to shutdown and it’ll doom the economy, no one would listen. He said we have to shutdown, I think that’s how we’ll get through this, I’m buying stocks because we’re getting through this. Much more constructive.

>>17953584
You will be trolled endlessly here by some weirdos who think trump isn’t a fuckup.
No one I know in real life that voted for him doesn’t think he fucked this up. But the cult of trump will always believe he’s great, and the cult of anti-trump will always believe everything he does is evil and stupid.
Before the commies got here, the trump obsessives we’re here.

One guy I remember, said hes only investing in the stock market while trump is president, and that he’ll sell before the election if he thinks trump will lose. I guarantee that same guy is saying trump did the right thing, and focusing on the travel ban, and swallowing all the spiel hook line and sinker.

>>17953654
see >>17953665

>>17953665
>Muh soviet state.

Neck yourself already.

>>17953666
>>17953575
Even beyond the unionized labor, what the fuck do we even do if we don't get any inventory either?
The minute we put out any fucking milk or eggs, they're instantly gone even with a 2 per family limit.
Not to mention stuff like bread is done through a vendor and not stocked by ourselves.

>>17953682
How does it feel to be someone else's sucker?

>>17953584
Richhfags HATE anyone not as rich as them

>>17953673

I live in illinois, no it isn't.

>>17953584
Have you talked with another real human being? Most of them STILL don't take this seriously. Trump actually closed flights to China before anyone else did, that probably saved many peoples lives. Media is still pumping out fake news like "defunding CDC" when the fact is congress controls the budget. You need to also account that leaders MUST prevent panic, even Cuomo is desperate to prevent New York from panicking. Trump did exactly what he should, convene with politicians, doctors and businesses to expedite policies to slow spread, provide aide, ensure stability, and search for a cure. Hes not a dictator, there at least 500 other people (senators, congressmen, governors, mayors) that have to agree with him first before he can actually do anything.

>>17952944
SELL RIGHT NOW
Wait one month then dump all your money in, you fucked up take the 2 percent loss and be grateful you got out before they go down 25% permanently over the next two weeks

When are unemployment rates getting announced? Easiest way to tank the market tomorrow (if they don't listen to Trump).

>>17953584

listen, he ain't perfect but hes tryna give me 1000 bucks so i'll look past these discrepancies

>>17953693
You tell me, you fucking retard, lmfao.

>>17953450
maybe if you're a boomer

>>17953688
Fun little thing you can do to pass the time is go out into the parking lot and count the out-of-staters, I do it on my break here and they're always the ones with loaded carts.

Futures are not reacting to the Cali stay at home order...
Is it really priced in now, bros?

>>17953659
>He's just more honest about the same shit they all pull.
Trump literally cannot hold a story straight for 24 hours beyond congratulating himself for his incredible response. After doing nothing but trolling people concerned about the pending crisis on Twitter for better than a month.
He and his Fox mouthpieces have encouraged millions of people to ignore the advice of medical experts, the coverage of overseas journalists, and any credible source of information for a steady diet of obliviousness and blowing raspberries at the Dems.
Its one of the worst examples of Presidential leadership in US history.

>>17953002
Anon I...

>>17953688

Our local stores are using boxes from other products to hide the in-demand goods like TP.

There isn't anything you can do during heaviest buying hours. I wouldn't even bother unpacking. I'd just bring out pallets, and stick a sign next to it. More efficient use of labor and less about optics and continuing product facing and following whatever stock plan that used to work.

Stores want to make it seem like their shit is still together which is why they focus on making shit look like it isn't running off of the shelves.

Bulk movement until crisis ends is best use of time.

>>17953724
>I know you are but what am I
Truly the kings of wit in every sense of the word. I now see why you types believe so heavily in an ideology that has been proven to be a failure multiple times.

>>17953677
Trumps tax cuts caused the bullrun of 2017 for stocks and crypto. Im not "Trump obsessive" this is simply a fact. Why would anyone pro-business hate the man?

>>17953126
If you push this shit you're gonna get a lot of extremely cut-throat, extremely competent, and extremely pissed off conservative men go into government and media. And they're going to take that boot you've been begging for and crush your throat with it

>>17953699
>Media is still pumping out fake news like "defunding CDC" when the fact is congress controls the budget.
>The president introduced his fiscal year 2021 budget proposal on Feb. 10, just 11 days after the World Health Organization declared the coronavirus outbreak a public health emergency of international concerns. The spending plan included a 16 percent reduction in CDC funding from the 2020 spending levels.

>In fact, all of Trump’s budget proposals have called for cuts to CDC funding, but Congress has intervened each time by passing spending bills with year-over-year increases for the CDC that Trump then signed into law.

>>17953756
Ok glow nigger. You say that while the unemployment rate is skyrocketing and millions of people loose their jobs over a virus that shouldn't even have been this big of a deal.

>>17952390
Use a real brokerage, TD is fine

>>17952944
correction, you may have destroyed half your life, it's this type of not paying attention to detail that lost you 2% already.

>>17953783
Yup. Thanks to Communism. Unlike every Communist country though we'll bounce back.

>>17953708

Trump Asks States to Hide Unemployment Claim Data

https://www.fxstreet.com/analysis/trump-asks-states-to-hide-unemployment-claim-data-202003200202

>>17953781
>that Trump then signed into law.
Ok?

>>17953699
>Last year, the USAID program known as PREDICT was shuttered. The initiative was launched in 2009 and designed to improve the “detection and discovery of zoonotic viruses with pandemic potential.” The program is credited with identifying nearly a thousand new zoonotic viruses, which are transmitted between animals and humans, and influencing the response effort currently being employed to combat the coronavirus, which is a zoonotic infection.

Why do the Nikkei and ASX alternate their green and red days?

>>17953023
S&P is definitely going below 770, the bottom of the banking crisis of 2008. A fragile banking system cannot survive a global shutdown for months. Let alone how many companies in the S&P will literally go to zero because of the global shutdown.

>>17953719
Kek this is why they’re doing it.
When obummer or Yang try shit like this it’s socialist and they’ll dress up like fucking colonial Bostonians to protest it.
When trump is in office, they forgot about the debt and the deficit, and cheered for tax cuts.

The only one who’s consistent on this is rand Paul, and he’s a fucking weirdo. Consistent but I wouldn’t want him representing me.

>>17953741
Not sure how much selling pressure is left after a blowout like this. People are waiting for better valuations to sell at, so it’s entirely possible that there will be more buyers than sellers tomorrow. That shit happens all the time in bear markets, and this market has been unusual because of the lack of oversold rallies like that.

Because this is a unique beast of a market, facing an exogenous threat after a huge rally in multiple expansions.
>>17953760
Looks like maybe it would’ve been better to spare those tax cuts for a rainy day. Now, for example.

It’s not logical to increase spending and cut income like he’s done. Even I know that and I’ve never balanced a checkbook.

>>17953073
I'm laughing out loud, that's an eclectic assortment of stocks.

>>17953708
already announced at 280k reported, predicted was like 240k. Most march figures will be released early april. If freaky friday trading pumps, buy cheap puts, april figures will bring sp back to 2200 and dow to 17000, screencap this

>>17953698
Jewel-Osco is union. Cashiers at least.

Tell me about the crab.
Why does he snib?

>>17952783
>We didn't let Imperial Japan finish the job
>We didn't listen to MacArthur to nuke the chinks
>We didn't let Leonid Brezhnev nuke them in 69

>>17953832
That’s unlikely. We can print money fast enough to avoid that, and we have the justification of the virussesion.
>>17953827
The sticky hair is fuckkng gross, and those rounded buck teeth as well.

Fangs are cute but not that thing.

>>17953820
As much as you might personally hate the man, you're barking up the wrong tree. He is one of the more pro-business president's we've had in a very long time.

Other places/boards you might actually get traction, baitanon

>>17953836
Diversify bro

>>17952831
Because squiggly line go up when other squiggly line change
but squiggly can not go down past straight line, except when straight line not right

>>17953698
>I live in illinois, no it isn't.
50 of 99 Schnucks stores are Union, most are in Missouri, where I lkive.

>>17952929
Kek

>lost 14k out of 21k
I haven't sold yet.
I'm hoping tomorrow will show mercy.
I know I'll never get it back up to 21k
but god damn it
GOD DAMN IT

>>17953807
There it is again. MUH SOVIET STATE MUH SOVIET STATE REEEEE NO YOU CAN'T THINK ANY OTHER WAY YOU HAVE TO BELIEVE IN THIS OUT DATED STYLE OF SOCIALISM THAT WASN'T EVEN A SOCIALIST MODE OF PRODUCTION YOU CAN'T ARGUE AGAINST THAT REEEEEE.
YOU HAVE TO BELIEVE IN MY STRAW MAN!!!!! EVEN THOUGH THE BAT FLU CAME FROM UNREGULATED MARKETS ON THE TREETS OF WUHAN SOME HOW ITS COMMUNISMS FAULT!!!! IT'S EITHER CAPITALISM OF CAPITALISM UNDER A STATE MONPLY AND THERE ARE NO OTHER CHOICES!!!!!!

>>17953837
>Looks like maybe it would’ve been better to spare those tax cuts for a rainy day. Now, for example.
Perhaps you arent aware but 2015/2016 the economy was in a very bad spot and most money mangers were predicting recession... the tax cuts saved a lot of business. That was the rainy day

>>17953873
Based Ta bro. Can you show me some meme lines?

Why aren't future lower on the California lockdown news?

>>17953887
That's a fucking CAR
PAID OFF IN CASH

>>17953887
If you haven't sold, then you haven't lost.
Stop panicking.

>>17953887
>Sell everything
>Buy SPY puts
There you go, back to normal.

>>17953887
Why did you buy high

>>17953887
It's definitely going well over 21k, but first it must visit 2k and 1k for months.

>>17953848
Jewel-Osco, Chicago's largest traditional grocery chain, is locked in tense negotiations with its warehouse and transportation workers with the current contracts' expiration fast approaching.

They're essentially renting their infastructure because they're a small chain. Which means the warehouse they use and truck drivers are. It has nothing to do with the actual stores.

>>17953827
they will synch eventually, there was one day where ASX was up 7 while nikkei was flat, difference that big will take time to decay i think

>>17953896
here
guarantee moon, virus price in, is science

>>17953903
>If you haven't sold, then you haven't lost.
DWT is being liquidated on 4/2

>>17953120
Write a letter to Xi pimping. And his african lapdog who for some unfuckingbelieavable reason became the head of WHO.

>>17953887
bro just keep buying lol

>>17953898
The bay area got the stay at home order a week ago. The rest of the state means nothing to the rest of the country.

>>17953888 (wasted)
>Muh not real communism
It's ok next time will be communism. Just believe everything those people who totally have your best interests in mind keep saying. Forget about this >>17953665 PAY NO MIND! PAY NO ATTENTION TO ANY OF THIS! JUST TRUST THE PLAN!

>>17953900
>>17953887
It’s just tuition. Welcome to the school of the stock market. It operates on a sliding scale, the more you come in with the more you have to pay. And if you try to start with the advanced options courses, well that’ll cost you extra.

>>17953898
The parts that actually contribute to the economy are "Critical industries" exempt from the shutdown

>>17953927
I just need Oil to tank tomorrow.
It had a huge rise today.
California shut down.
I just have to hope and pray it is a dead cat bounce and oil sinks hard tomorrow

>>17953887
>>17953920
buy high, sell higher

>>17953864
*Unless you work in manufacturing, which was already dwindling under Trump and then hurt by tariffs on Chinese suppliers
Unless you own a farm, which was fuckered by the Tariff spat and reduced to (more) Federal Gibs
Trump is Pro Trump. He appears at a closing plant and promises action, and as soon as the cameras look away they shuffle the work to Mexico and Trump pretends he wasn't there and cannot remember anyone in the photograph (again).
Trump is pro-billionaire, he doesn't give a single fuck about workers.

>>17953888
Real nazism has never been tried.

>>17953847
>Buy cheap puts

No such thing as cheap options right now.

>>17953921
LA does, But anyone with a brain knew this was not an “if” but “when”

Same for New York. Just a matter of time.

>>17953924
That's not what I Said at all you massive fucking retard. You can call anything you want communism but that doesn't mean I advocate for that. So lets skip the semantics and get down to actually arguing about the merits of the systems we actually argue for.

>>17953948
I was trying to do the math
if I just did little nibbles, and made 3 day trades throughout the week. and as soon as I made $100, then sell
If I can just manage $300's a week
That's like $1,200 a month
I can make the month back in...
...a year...
and I lost it in 2 days...

>>17953002
literally meme stocks hoarder RIP

>>17953981
>I can make the month back in.
make the money back*

>>17952663
Remember. The bottom is zero.

I LOST FOURTEEN MOTHER FUCKING DOLLARS THOUSAND IN TWO DAYS

AND I HAVE DICK ALL TO SHOW FOR IT
THE PINK WOJAKS ARE REAL

>>17953963
You genuinely believe a country that did everything it could to cover up a wildly contagious virus and used it's massive media influence (including it's deep hands in WHO) to shiil for them isn't responsible for the virus. A virus that incubates for 2-3 weeks. You're a retard there's nothing more to say. I actually wasted enough of my time on you.
https://www.youtube.com/watch?v=rKMMCPeiQoc

>>17953946
> U.S crude oil prices edged higher on Friday, extending gains after a 24% jump the previous day, buoyed by hints from U.S. President Donald Trump he may intervene in the price war between Saudi Arabia and Russia at an “appropriate time.”
-cnbc

Looks like shorts are unwinding their positions just in case Donald tries to do something and it has an effect (unlikely, but no one wants to get caught in the squeeze)

>>17954005
So does that mean I should bail immediately tomorrow or is there ANY hope that oil will fall tomorrow?

>>17953677
He is a well known sperg and mental-social midget. He can probably consider his invite to the annual golden bull worshiping wall st. orgy revoked this year. I don't think he is a bad guy just a little out of his depth and autistic.

I would pull my money out of his fund after that. Even if he believed what he said, he should've kept quiet and acted accordingly. He did come off very nervous, not the type of guy you want handling your coins.

>>17954000
stock market is just a casino and you decided to play without knowing the rules during the worst possible moment

>-$14,835.10

>>17954021
this is actually the best time ever to enter the stock market lol

>>17953002
>down like 30 bucks
chill, you'll be fine

>>17952227
So tomorrow is the dump day again right?

Last week was all pump -> dump -> pump -> dump.

>>17953981
>>17954000
its a long-term game
no real loss unless you sell or a company you're invested in goes bankrupt

>>17954021
any advice what so ever?

>>17954049
1)it's not the bottom
2)crazy volatility

best moment is when it hits the bottom and stabilizes

>>17954063
buy tmdx

>>17954060
Or he went all in on options like a retard lmao

>>17954056
one of these days the bogs will change the order to throw you off

>>17954060
>no real loss unless you sell or a company you're invested in goes bankrupt
DWT is being liquidated April 2nd.
If it doesn't go back up, the loss is real.

>>17953946
>I just need Oil to tank tomorrow.
Fuck dude I need oil to moon tomorrow

>>17953783
ppl in pic related support the orange man kiddo, and will still be conservative christians after this, rmbr, america historically responds to crashes with isolationism rather than gommunism, unlike eurofags, so his anti-foreigner retoric will likely increase.

gommusist are no longer the workers of the world, they're more like this pic

>>17954086
>Fuck dude I need oil to moon tomorrow
fuck
do you think oil will shoot up tomorrow?

I should buy stocks in something now right? in two years everything should be normal and I will have made money?

>>17954015
I have no idea, and I have no views or positions on oil.
>>17954018
Some say he was trying for a cramer moment, wanted to be known as the guy who “called” this. I’m not sure since we’re already down so much if anyone will remember him.

I slept through that, and so many other big events and could’ve made money. Instead I’m deep deep red, and even got shook to the point where I sold the bottom in LMT. So disappointed in myself that I didn’t see all of this coming.

>>17954000
The fuck did you do?

>>17954000
>only 14k
Feels good not being poor.

>>17953783
>that shouldn't even have been this big of a deal.
It's big of a deal because of commie chinks. So basically we need to kill gommie fuckers like you and the slants and we'll never have bad times ever again.

>>17954095
I think it wants to kiss $30 one more time before it tanks

>>17954099
Not yet. Kee; hold flr a little longer and just dump in dividend stocks.

>>17954075
No, I saw that DWT was shooting up like a rocket and then suddenly, on a dime it plummeted.

>>17954111
>did you hear about the price of oil? It TANKED!
>the price came BARRELING down.

>>17954099
DCA in, only in companies you know won't go bankrupt, or in unleveraged indices
now's a good enough time to start, just don't go all in at once

>>17954086
>>17954095
>>17954111
>WTI Crude • 26.94
>Brent Crude • 30.91
>Mars US • 21.67
>Opec • 27.31
>Urals • 24.65
Its dead, lads.

>know nothing
>opened fidelity acct, domped into s&p index funds at dow 18k
>just opened IB acct
>lied my fucking pants off about income
>taking weekend to learn about puts and calls
>will gamble 1500 next week
wish me luck

>>17954111
>I think it wants to kiss $30 one more time before it tanks
well I only have until 4/2 for oil to tank.
It can not tank tomorrow, but do you think it would tank next week?

>>17954092
NO YOU CAN;T BE AN ACCTUAL COMMUNIST WHO WORKS FOR A LIVING YOU HAVE TO LOOK LIKE THESE FAGGS NOOOOOOO

>>17954141

i hope you wind up learning something from all this

>>17954002
>Still attacking this strawman.

I don't advocate for china retard. Get it through your head.

>>17954076
Jokes on you, they tell me.

>>17954143
>do you think it would tank next week?
I haven't a clue what it's going to do.. next time in a highly volatile market.. take both sides of the trade and when the move happens quickly take your loss and let the winner ride

>>17954099
johnson and johnson for sure

>>17954140
https://oilprice.com/oil-price-charts/257
>Western Canada Select
>$5.40
RIP MY OIL PATCH TO PIECES

>>17954153
Where do you work then faggot, Starbucks?

>>17954104
He knows if he calls 2 biggies he'll be a legend, if he's wrong, eh, he stilled called 2008 when no one else did, pretty impressive.

Don't let this make you a bad poker player tho anon. Top players risk big stacks and are okay when they loose a hand if they played it the right way based on available info. In this case your opponent hit a one in 500 straight flush on the river.

if you're a good player (smart investor) you'll loose far more in the long run being overly cautious because you got hurt in a once in a century event.

>>17954172
>next time in a highly volatile market.. take both sides of the trade and when the move happens quickly take your loss and let the winner ride
thanks, that's good advice.

I'll have to crawl my way back up for months on end to build it back.

>>17954130
lol that almost rolled right over me

>>17953343
https://youtu.be/OTu0qJG0NfU?t=1495
>The Russians have succeeded in one thing, they have sold the world the idea that they represent socialism and the ideas of Marx. And we have done the greatest service of their propaganda by agreeing by that that's what it is.

>>17953068
The side effects of malaria drugs are worse than the Coronavirus

>>17954178
bloody hell
I'm fucked

>>17954221
>tfw 60 USO calls
here we go

christ

>>17954213
No they're fucking not.
Side effects of hydroxychloroquine are in worst case destroyed kidneys, something kung flu already does. Worst effects of chinese virus is death and horrible death.

>>17954181
i don't work anywhere now that I am geting laid off from this retard clown economy, smart guy.

>>17954191
https://www.youtube.com/watch?v=y9EYt_f12wo

>>17954185
You’re saying being too cautious is more dangerous than being too reckless?

>>17954213
I assume the poison is in the dosage. Did the French study use that level of dosage?

>>17954173
I can’t believe the beating JNJ and MRK took today... PFE too. These are real cheapie levels. But they can go lower.

>>17954229
GUSHers are going to be unironically GUSHing cum all over soon.

>>17954111
>>17954130
>>17954196
>Im GUSHING with laughter!

>>17954249
>unemployed gommunist too retarded to have money, wants to steal money from everyone else and have his wet dream of free gibs come true
Holy fuck.

>>17952663
see the pic, top left that shows market cap over GDP, and note that WE ARE STILL ABOVE THE AVERAGE. Recession/depression hasn't even begun.
>>17952790
What this guy is saying largely has yet to happen, and when it does, we will likely be at a buffet indicator lower than the '08 recession. The only "saving grace" is all this inflation will have the affect of normalizing the currently inflated stock values. Its fucking robbery is what it is. Robbing from all tax-payers in the future. Our founding fathers would not do this; although I'm not sure what they would have done.

Who ready for /meltup/? Back to the usual grind higher. Bulls are back!

>>17954221
Nice I have 13 stocks I just got 10 of them are oil company’s

>>17954208
I also have a theory that i'm 6'5", 6% body fat, and have a cock that is 14.5 inches long, and have 2 hours of prolonged alpha sexual stamina.

Unfortunately every time I put this theory into practice, it doesn't work out.

This is what I tell my protesting and under-satisfied tinder hookups, that their objections are irrelevant because real doug (my names) has never been tried.

->Now get the fuck off my board faggot.

>>17952608
Trump said in a presser (2?) days ago that the markets would remain open. (that said, It might be wise to buy your calls/puts out into May or June.

>>17954315
>>17954315
>>17954315
>>17954315
NEW THREAD

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NEW THREAD

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NEW THREAD

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NEW THREAD

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NEW THREAD

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NEW THREAD

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NEW THREAD

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NEW THREAD

>>17954278
Nigga, you could not be any more transparent right now.

Man, how bad things are going to be hasn't really sunk in until now even though I've been watching since the first chink coofed in Wuhan.
I was hoping for the collapse of the Chinese government, but looks like the joke is on us.
Probably should make a rush on the Liquor store for as many of my $9 bottles of royal canadian as I can.

Bobros, how low will DOW actually go? The lowest minimum?
Can't be lower than 15k, right?

Do I call or put if I know the stocks are going down tomorrow? Tell me right now

>>17954323
There's literally a perfectly fine second thread you gigantic retard.

>>17952671
You can still go out, for anything. This is America. Not only that, but no man has the right to hold another prisoner. But if you want the pansy route, Gavin Cucksum says pharmacy and grocery stores are ok to go to. Essentials. I'm calling my rep tomorrow to complain. Virus is real, yeah, but not much worse than the flu. Old people would have died anyway, just perhaps not attached to a respirator. Why should the healthy suffer for the unhealthy? The organism that does not get rid of its waste dies.

>>17954080
>>17954114

>>17952590
is it really a trap though? no one in their right mind could think we're headed for bull right now?

>no retorts

>>17952944
2% is not much at all, so you can still make any kind of decision. YOU MUST IGNORE SUNK COSTS.
....but ok, pic-related is my own rule-book that I wrote for myself. You are lucky (all of you!)..because I never share. Anyway, if you're serious about trading, you must make your own rulebook. Everyone trades on different methodologies; so read my thing, and then start your own. Don't just copy mine, but create your own thesis.

>>17953002
Go back to r/WSB hugbox you nigger

>>17954454
..second part

>>17954333
>niggA
gb2plebbit

>>17954486
last part. Good luck, frens. I think the market will be tougher to gauge, from here on out. Also, this time around it's also totally possible that the market will not spring back the way it has in past recessions. It all depends on what the elites want, and faith in institutions. They may be working to turn us all back into a peasant class, idk.

>>17954486
Interesting.
I’m more interested in writing an if-then playbook, for all the things that seem obvious in retrospect, so I remember how to handle them next time.

>>17953526
chicago has always had unionized grocer chains. Their union is a joke though, basically a scam to extort fees

>>17953654
Ooh, someone touched a nerve huh? Kek

>>17954333
is he wrong though?

>>17953887
If you are in some kind of leveraged etf, be careful, as those can go to 0, especially in this climate. If you are in regular stocks/companies that have solid fundamentals **and you are confident they will remain competitive for the next 5 years** then you are probably ok holding. --see my other posts.

>>17952227
Feel free to berate me for this post I am trying to learn and don't mind harsh criticism.

What makes a stock valuable? I own a piece of the company. cool. But It's not like I can do anything with it besides sell it.

Is this tiny stake in a company in itself worthless because it does not have any value in itself?

Is it like trading pokemon cards. I really like apple-mon and think he's a epic hero so I want to collect more of him because he might be more popular and I might make money.

Basically what I am asking is what makes owning a piece of a company so valuable? What's the security. With gold I can always find someone who likes shiney things. With stocks why the fuck is it valuable? Is it a divined thing?

>>17954248
>>17954254
These drugs cause blindness, deafness, seizures, & other shit. Most cases are mild, meaning unlikely to be worth those risks. Imo, the worst cases might get it but we're still in for a wild ride

>>17952713
i will give you a roll, but it'll only last you a day. You know, honestly you people laughed at toilet paper hoarders, but you really dont have enough toilet paper yourselves. The average person uses 1 roll per day. If you have a family of 4, that's 28 rolls a week. Over 100 a month. TP rolls will be worth their weight in gold in a few months, because everyone needs it.

>>17954993
what is this roll a day meme?

>>17954633
"owning a piece of a company" is colloquial for "don't just look at it as a speculative asset to buy and sell". If you have enough money to make money, you're not wise to toss it around making wild speculative bets, because that's a fun way to go bust. When they say "you're buying a piece of the company", they mean to imply "you wouldn't buy a piece of a shitty-shit company just in case there's an even bigger sucker than you who you can sell it to". You'd want to buy a piece of a company that will do well and grow, possibly exponentially, in the years you have before needing to take that money out of the market.

>>17952790

Bill is that you

>>17955267
no