/biz/ - Business & Finance

>>17958389
VIX is at record high dude

>>17958389
You do know swing traders exist outside of crypto right?

>>17958395
it dumped 16% yday nigga

Lockdown is old news. It was priced in the moment it became known. Lack of new bad news + promising treatments = pump. Sorry about your puts.

>>17958499
you think that once this is over economy will be the same as it was before? you delusional moron

Because it's just the common cold.

>>17958499
>One green day
>it is fucking OVER BOYS - NEW BOTTOM
how deluded can ppl be?

>>17958389
Pump before the dump. Monday will be bad I guess.

Sell the news bro

>>17958499
>It was priced in the moment it became known
>literally every Wall Street analyst saying the extent of the effect on markets and the economy depends on how long it goes on for
>nobody even trying to call the bottom
>lack of new bad news when cases are still rising globally and mortality is rising
>most of CB action so far failed to increase investor sentiment
>even if a vaccine is found and approved estimated several months (absolute minimum) to a year or more before it can be ready for wide spread use
Why is this place full of such complete retards

>>17958628
We are green, so bull now. okay?

>>17958389
>he didn't buy the dip when we told him to

ha...ohh hoo hoo....... HAHAHAHAHAHAHAHA

>>17958389
Stop reacting to every day trend and use tour big brain to predict weeks ahead. Use the upswing to position your puts.

>>17958634
Yis were back boys

>>17958389
Quadruple witching. I’m a mega bear but I bought lots of SPY calls because it was obvious

>>17958389
the biggest daily % gains in the stock market occurs in a stock market crash.
A green day is a short opportunity.

This is so fucking tiresome. Hope the humann race dies because I´m losing so much money

>>17958389
Omaha is dumping tens of billions of dollars into indexes for long turn investing on the off chance that Trump bucks are the magic bullet. It doesn't matter if all indexes fall to 2007 levels or lower, that much money for at least 5 years = guaranteed profits.

>>17958676
You're not losing anything as long as you ride it out you pussy.

>>17958535
Fundamentals haven’t changed since before the virus, so why wouldn’t it go back to pumping?

Ok niggers. I'm ready to go balls deep on sp500 puts today. How high do you think it can bounce?

>>17959516

>>17958628
You forgot
>completely cured in 3-4 days with common and extremely cheap malaria drugs developed in the 1940s that have been extensively tested for decades

>>17958389
Two words.
Repo injections

>>17958389
>baby discovers the stock markets don't reflect the economy

>>17959675
You forgot
>Everyone needs to cry wolf until Apr 6 when the Federal 'Emergency' free money stops flowing.

It actually worked https://youtu.be/w2DYtTZRcAk

>>17959516
This is either bait or you don't know what 'fundamentals' means.
>>17958535
It most likely won't. At least not for 1-2 years. But the thing is that it doesn't have to be the same as before for valuations to be attractive. Most stocks have dropped like 30%. In other words, the markets have already priced in that the present value of all future cash flows will be 30% lower. That's a lot lower.

Barely anyone is in isolation, my dude. People don't care.

Amateurs who dont know it is quad witching day

the numbers of affected by corona virus is going to grow ALOT in the next fews days in the USA,shit is about to hit the fan for amerifats

Markets precede news. Not the other way round.

>>17958389
Idiots think they have a cure for the virus. It's irrational optimism. When the truth is irreparable damage has already been done to the system and even if the virus got cured, it would self implode in a couple of months.

>>17958389
Shutdown is priced in. Sorry you FOMO'd into those puts at the bottom dude.

>>17959516
Fundamentals of money printing and stock buybacks.

uncertainty is priced in nothing else. doomsday scenario came and nothing happened

>>17959780
Yeah my real guess is that the market will open today, people will see that it's been seriously pumped overnight, and anyone with a brain will actually start selling

>>17958389
QE, boomers have lost their minds , trump is probably bullying the entirety of his team to keep the market up up up non stop , above obama numbers.

The reality is that the rational strategy was to freeze the market until the virus peaked and then lower rates and pump the shit out of it.

But boomers are summer children , they lack strategy and long term thinking.

>>17958389
Reaction to the news of QE on steroids.
The boomer faction won. Enjoy the next decade of multi-job wageslavery just to pay for the inflated rent price

>>17958389
>he can't read the charts

Y'all niggas really fucking stupid. The USDX is going to go to AT LEAST 150. THINK ABOUT WHAT THIS MEANS FOR THE GLOBAL ECONOMY. THINK ABOUT HOW ASSETS AND COMMODITIES AND CURRENCIES WILL BE AFFECTED BY A SUPREME DOLLAR.

>>17960041
Just to save the currently retiring boomers pensions

Its all so tiresome.

>>17959780
Buy the gossip, sell the news

>>17959702
+

>>17958560
Underrated post

>>17958389

The markets hate uncertainty. The past two weeks was uncertainty x 1000. Unironically now that we know we're all going into lockdown for a few months the markets will bounce back.

fed is brring to other central banks

>BTC 4800, LINK 36K sats
>BTC 6600, LINK 36K sats
Even boomer shitcoin pumps harder than stinks.
Stinkers on suicide watch

You don't even need any other reason than "it dropped hard, it will bounce"
But throw in the pants on head retarded people who think that every bounce up is the bottom and you're set for a clown market.
Markets aren't even in real panic mode yet. People don't think things can really crash.
The moment we start seeing mass layoffs and boomers going homeless, that's when the real panic will set in and these bounces get nonexistent.

>>17960115
this
Now that we know for certain that almost all companies in existence will be running a major deficit for the next "few months", all uncertainty has vanished.
Companies with huge corporate debt like Boeing, that publicly cried for government bailout out of fear of insolvency, will bounce back to ATH price valuation now - as the uncertainty has disappeared.

>>17958389
they are pumping it for the weekend close cause shit will escalate on the weekend and dump on Monday.

>>17960072
Well, boomers hold the political power and wealth of the nation while zoomers and millennials are disarmed wageslave cattle.
What did you expect? This has been happening throughout our entire history of humanity and will keep happening, the generational struggle for power. It's also the leading cause of a given uprising - nazis were all below 50 rising against entrenched boomers, french revolutionaries were mostly young men against the old nobles, communists were mostly young factory workers, the american revolution was led by men mostly in their 30s and 40s...

It's always a generational struggle because the most logical action for a boomer is to sit on top of his accumulated wealth and guard it from the younger ones, while the most optimal thing to do for an able-bodied young person is to beat up the tribal elders and seize their throne. Boomers never revolt and zoomers never settle for the status quo. In order for boomers to defend themselves from the zoomer horde, they enact laws to keep the zoomers pacified and mobilize the police force in case such a rebellion is about to happen, like what happened right now - national emergency or martial law first across all of NATO, then QE the entire Western stock market so the states stabilize, and finally we exit a few months later in the exact same state we entered the crisis, with boomers on the top and zoomers on the bottom in full pacification. Crypto currency challenging the established currencies and giving young people power? Nope, that should be over-regulated and made to crash on purpose because retirement portfolios do not and cannot hold cryptocurrencies. Crypto cannot be turned into an institutionalized investment asset due to its risk, so that means that low-risk portfolios cannot hold it, so that means less power to boomers and more power to zoomers. Big no.

>Commiefornia just went on lockdown

Yeah, I'm thinking we're on a bear run again, brahs.

>>17960313
Pennsylvania did as well just last night. Short pump today followed by full bloodbath time as this lockdown shit takes full effect over the weekend.

>>17958389
I can not see trend changing direction yet

>>17959792
Shelter in place is priced in. A wuhan like shutdown isnt.

>>17960163
>The moment we start seeing mass layoffs and boomers going homeless, that's when the real panic will set in
So what happens when that doesn't occur, as it most likely won't.

>>17958389
money makers causing max pain for option holders, way more put contracts out there than call contracts

>>17960395
nowhere, but this is /biz/ and we follow the 1min chart and today is BULL DAY

>>17960395
Snib?

*Snibs*

>>17958596
Just because you shorted doesnt make others deluded

>>17958628

That huge unprecedented dump in RECORD time in the stock market.
That was pricing in the WORST you retard. People were pricing in 6 Months of economic standstill.
The wirst always gets priced in. How the fuck are you here and not knowing that.
If it goes on longer than 6 months we will see more dumps. If there is a suggestion it will be less, a pump.

It’s markets 101 brainlet

>>17958389
No sweetie I'm at work right now just like millions of other God fearing Americans that aren't scared of some man made flu

When people say unemployment numbers, what sectors/companies have been laying off people? No one I know has been laid off yet unless they’re lying

>>17960671
Wow, it’s almost like companies just started shutting production down last week and they haven’t seen how fucked their revenue reports will be for 1st and 2nd quarter. Can you dumb niggers think beyond yesterday at all?

>>17960514
Stupid fucks like you can't price in how bad it actually is

>>17960741
Shutting down a factory for Tesla does not mean everyone is fired and they have to rehire a whole factory’s worth of people next month. I knew biz had a ton of larpers but this is straight retardation

>>17960769

Ok zoomie

>>17958560
Si si si

>>17958389
>>17959702
>>17959739
>>17959746
>>17959752
>>17959765
>> /biz/ getting excited over a +4% move after 30 minutes of trading.

Guys, just wait for the next presser and watch it drop 3% again.

>> But we've hit bottom, surely the market is starting it's recovery and now's the time to buy!?

DJIA above 10k is literally support ONLY by stimulus and debt since 2008. It's literally fake money.

pic related, the companies in the top left are either getting bailed out this year or they're going bankrupt this year.

>>17958389
monday will be bloody red.
You better load up on sweet puts today

>>17960406
We're already seeing companies buckle and it's been only a week.
Corporations are so fucked with debt that they can't stay up even for a while without money injections or constant business and debt taking.
Give it a month and this is going to be infinitely worse.
Then there's the US oil industry which is going to get wiped out for the most part with these low oil prices. They're only going to bail out the giants.
Travel industry is dead for the next 6 months minimum, so goodbye airlines and cruise industries.

Tell me how this isn't a situation where we'll see mass layoffs? Most companies aren't even going to stay alive through this.
Also people are already saturated with debt and can't take much more of it, so there goes whatever false purchasing power there was left.
What's going to happen afterwards is that real estate tanks because no one can buy it.
Boomers have already refinanced the shit out of their homes and if by some miracle they haven't, they soon will because they need money to live.
Pensions are also going to get cut because they need the stock market to constantly go up to be even remotely affordable.
Oh yeah and rates are eventually going to go up. They're not going to stay at nothing forever, which will fuck everything up even more.

This is a massive cascading failure we're looking at.
I think it's going to be even worse than Great depression. This is going to turn the market into Japan, where the heights aren't seen even after 30 years later.

>>17961628
Thank god for you, anon. How people are ignoring the impending doom of the corp debt bubble is beyond me.

Do you agree with my forecast that regular people are going to start rioting in late April? Did you see the news about senators insider trading and making millions before the market tanked?

Those will be the first to the guillotine

>>17960514

>30% downwind reflects 6 months of economic standstill

enjoy your unemployment numbers lel

https://trends.google.com/trends/explore?date=all&geo=US&q=how%20to%20file%20for%20unemployment

>>17960514
For how long will the fed print money, anon? Because if they do it for another 6 months a big-mac is going to cost you a hyundai elantra.

>>17961518
Yeah all these people are correct but don’t have patience. Everyone else thinking it’s over are fucking stupid and are going to get rekt hard. The fed a private bank is buying everything with money they invented out of thin air and they think everything is good. Pretty soon everyone will be paying their rent to the company store that is the fed backed by the army

>>17961628
Japan also has a zombi economy. They just love of of cash injections and there market crabs.

>>17961724
I'm a Finn and my country went through a similar debt based bank recession that we're seeing now and it led to a 73% crash and while we saw up to 30% unemployment in some fields like construction, we didn't see any riots.
Then again we have a ton of unions and people can stay out of work for ages without getting absolutely fucked.
If we didn't have those union funds, things might have been quite different.
I don't exactly know how countries like the US handle unemployed people and how long they can stay out of work, but if things get even remotely fucky and they start running out of money, yeah I see it very possible that even normal people are going to take to the streets and start raiding stores.
Hell they were already nearly killing each other over toilet paper.
We might see martial law go into effect in the US for this very reason. I think they're already preparing for it.

Also the pension thing is one big factor in how people will react in the longer run even after the layoff based unrest has blown off.
We have seen riots in France over pensions already even before any drop.
You can only imagine how people will behave when they hear pensions will have to go through 60% cuts because the system is unsustainable after the market crash.

And I'm sure there's a lot of insider trading going on.
Any idiot that does it openly will get fucked in the future when the crisis has blown over and people start looking back for culprits.
It's fascinating to see if the government can pull a rabbit out of their hat to stop this fall, but I don't think there's any realistic way to stop this.
This isn't going to be a fast drop either. Will go on for a while just like our depression.

>>17961831
But if USD inflates too much you'll have to buy stocks or other assets to protect from inflation.

It'll be amusing if nothing actually happens. You doomies are gonna be screeching.

>>17962132
Thanks, finn-anon.

To bring you up to speed on US worker conditions:

1. Almost no unions exist, and those that do have almost no power to protect their workers.
2. Workers here generally don't have pensions.
3. We have something called "unemployement insurance" which both employees and employers pay into, but unemployed people often take 1-2 months just to get their checks. Unemployment insurance is also like 60% of your original pay...
4. Unemployment funds are drained constantly to fund other things, just like our social security program.

Basically, I think the only reason we're seeing our government offering to hand out cash to us is because they know people will fucking riot when they start getting evicted because of this huge mess.

>Past 3 Fridays have been "bull runs" leading straight through bell close
>Past 3 mondays have been bloodbaths that drop all of Friday's gains and continues to fall throughout the week

You'd think people would get it by now...

>>17962452
Then you need to find stocks that are backed by tangible assets such as, you guessed it, manufacturing.

Most companies don't have much in the way of physical assets anymore. There assets are now IP, software, datacenters, etc.

>>17958499
>promising treatments
There will never be a treatment that will be worth a damn for advanced cases, and only advanced cases will receive anything other than supportive care. This is true even for monoclonal antibodies, which will be near-vaccine in efficacy, but only if given before or very very very early in an infection

>>17958677
Assuming you mean Berkshire. Has that old man gotten anything right lately?

Lol doomers are S E E T H I N G

>>17959675
chloroquine and its relatives were banned for a reason.
its basically a last measure drug equivalent to taking chemotherapy at stage 4 cancer.
causing heart attacks,hair loss,and death are no minor side effects.
back then we didn’t have as many rules&regulations as we did now or even know as much on its usage dangers.
Im east african myself and my mother has always kept telling me how her sister died only after the aid workers gave her chloroquine and that had she just never went to them for help she’d be alive today with us.

>>17962657
Contrarian investing always wins the day.

To be fair, no one could've predicted the oil war between MBS and Russia. You literally need to have CIA assets in Saudi to be able to get info about it, before hand. And, MBS imprisoned his major rivals 3 days before the war started.

Buffet's preference for tangible companies with physical assets is what protects his long term investments. Physical things can't be destroyed or replicated like virtual IP and "money printer go brrr" fed loans.

>>17962714
As a fellow African you say....

Yea we're obviously back

>>17958389
because you're reetarded bro, the thing crashed 30% in a month which is unprecedented during some minor new flu which will be part of the seasonal flu cycle in perpetuity

>>17960406
Are you really saying you don't know people who have been laid off already? Anyone doing temp work is gone. Tens of thousands of part timers are gone. We're NOWHERE near capitulation. This is a bull trap.

>>17962740
malaria is not funny nor a joke when you are poor,impoverished and hungry.
anyways creating a proper vaccine to corona will take time.
the last thing you want to do is to forcibly vaccinate your entire populace and find out 6 months later you’ve cut the average citizens life span by 30 years and given them multiple types of acute chronic conditions and diseases.

>>17959739
>future cash flows will be 30% lower
'no' equities are valued as multiples of earnings and future, ergo they fall in multiples as well. 30% fall, even if the market weren't horrendously overvalued, only reflects a very minor, short recession. Is this reality? No. We are not at the bottom

>>17960041
Ever Boomer not claimed by corona-chan is getting fed to the guillotine in the coming Generation War

everybody at home bored wants some action at the only casino still open

It’s called a melt up, when every one and their dog is buying puts you know it’s time to buy calls. We are about to witness a historic pump, then the real red begins

>>17958389
haha money printer goes brrr

>lower lows
>lower highs

just my contribution

>>17962991
Based

>candle go down
>sell
>candle go up
>buy
im sorry to tell you this loses money in the long term, and you are a retard

>>17961518
AAPL has enough cash on hand to pay off the debt.

>>17962731
Sure but he trails the S&P regularly. Not a good path to follow anymore

>>17958389
They are buying everything and saving the peso

>>17960514

https://www.investopedia.com/terms/t/triplewitchinghour.asp

People are unloading their short positions. It's gonna go tumbling down on monday op. Buy puts or sell all your holdings

>>17964037
Sorry quadruple witching hours* Same concept.

>>17958389
>he fell for the global pandemic meme

all you had to do was buy the dip, that's literally all you had to do - and you couldn't even do that

>>17963546
Unironically zoom out. He beats the shit out of the S&P.

>>17958389
BRRRRRRRRRRRRRRRRRRRRR

You guys don’t get it. ((They’re)) crashing the markets to buy more linkies, it’s all hands on deck frens

it's all priced in guys the fed has it totally figured out guys why is everyone freaking out it's going to be ok the fed has it all pric