/biz/ - Business & Finance

>1 out of every 10 anons will die in 2020
how do you fell with it?

OIL IS FUCKED

Goku: Bobo
Jiren: bullfags

stocks LOL

BOEING SUSPENDS DIVIDEND
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>>17974170
By buyin 1000 SPY 15 6/19 Puts

IT'S ALL GOING DOWN.

BAILOUT *EVERYTHING*

>>17974170
NOOOOOO NOT THE FRENS PLS

>>17974179
Will the corporate debt problem be solved by fed money or will these companies just die?

BA is a defense contractor. Surely there will be gibs?

>>17974191

>>17974205
How many gibs could they possibly have? They're going to have to bail out every company in america and every person individually at this point.

>>17974172
Oh my no. If you're not loading up in the low $20s with some additional orders down in the teens you're doing it wrong.

Just called Outbook and Carrabba's. Tons of busy signals and a 2 hour wait for take out. Might throw $1000 at BLMN. Thoughts?

Kinda funny.. Outback was dead as fuck before all this, but it seems like their push for delivery is paying off.

>>17974195
>Trump mocks the virus and China by calling it the Chinese Carona
>he sells himself as a business man who is good for business
>capitalism good. communism bad
>in a panic to prop up the dying economy he nationalizes everything
>we are now the communists

Bought SPY 250 3/27 calls just before close. I have a very good feeling about Monday!

>>17974219
https://oilprice.com/Energy/Energy-General/The-Very-Real-Prospect-Of-5-Oil.html

>BBRRRRR $33 TRILLIONS within a month
>currently $16 trillions existing
>only thing making the USD relevant is the 70's deal with midddle eastern OPEC countries to trade oil only in dollars, forcing other countries to constantly buy $$ to trade it for oil
>oil price is now in the gutter
>demand for oil is non existant bcuz industries and transportation are ded
>venezuela, russia, etc are now huge actors in oil production and don't require USD
>chinks are negociating deals will the ME OPEC to break existing ruling to trade oil in RMB
>ie no one worldwide need to buy the huge scam USD always have been

Enjoy zimbabwe tier inflation guys. For the moment USD is artificially high because of the market crashing hard, forcing institutional investors to sell/liquidate their positions to cover their losses. USD hyperinflation will kick in so fucking hard and so fucking fast you wont understand what's happening to your sorry nigger ass. And the gov and FED are making it fucking obvious it's made on purpose. They are making the $ wothless to refund their exterior balance debts, then will declare bankruptcy, make a silver backed neodollar and take a fresh start free from exterior debts.
Only sub70 IQ apes want to hold USD rn.

So how many of you guys are going to be unemployed soon, the writing's on the wall for my job

>>17974223
I am not eating anything prepared by someone that isn't me till May at the earliest

>>17974233
Cute but no.

>>17974219
And with this spell, fate posters leave~

>>17974223
I'm not sure. It appears to be a bullish sign but you have to consider they're probably cutting a shitload of staff since they only have to worry about takeout, so they are probably only cranking out food at a 25% efficiency? Either way I think their revs doing takeout only will not hold up to their usual operational revenue.

So who is selling?

>>17974256
https://oilprice.com/Energy/Energy-General/Russia-Needs-Higher-Prices-But-Wont-Give-An-Inch.html

>>17974244

Work in a hospital, so I'm safe from an employment perspective. Health safety is another issue, but I'm young without any chronic health issues so I should be fine

>>17974205
Sure. But that doesn’t mean they’re looking to bail out the investors, the idea is to save the workers.

They’ll manage to bail out the suits instead, most likely.

>>17974256
https://www.barrons.com/articles/oil-prices-are-sliding-dont-expect-a-snapback-anytime-soon-51584735503

How dead is the dollar

All I ever wanted was to make money to look like a bigshot and finally have sex. Was that so wrong?

bros please tell me nothing bad is gonna happen to Red Lobster

>>17974232
>I have a very good feeling about Monday!
not if She has anything to say about it

>>17974297
Its wrong by not overreacting. Worst is you could have lost some money but there you go.

any insider that can tell me what the cfd futures look like (the ones traded on weekends)

>>17974265
>>17974284
By all means short oil under $20. And remember to have fun!

>>17974285
it's the opposite of dead

everything that isn't cash is trash
real money, US dollars, is the new gold

>>17974302
Chinese numbers are a lie. Don't believe them.

>>17974263
I'm going to sell my coke stocks because I expect it to sink to 30

>>17974285
After 1.5 trillion given to banks for free that did nothing? Deader than prehistoric disco.

>>17974301
We must secure the garlic biscuit recipe.

>>17974244
I'm fucking trading for a living, kek'd. My friend told me that the place I used to work at are not even firing people yet because they are actually doing good, their stock value has only dropped by 9% or some shit so far

>>17974285
>dead
nigga we haven't even reached peak deflation yet, this is the greatest consumption crisis of the last 100 years

OMG you faggots are dumb if you think it won't bull Monday. Stimulation packages sorted over the weekend

The virus will peak, in the best case, around the middle of April. Deaths will peak a week after that. Some level of lockdown will have to continue essentially indefinitely, until a vaccine is developed. I'm worried about BBB corporate debt, and also national debts. What happens if a country issues 200% of it's GDP in debt at 0%? Nothing? Hyperinflation?

>>17974317
>Chinese numbers are a lie. Don't believe them.
So are the other numbers. I think you can safely multiply any western government's numbers by 3 and at least then you're closer to the actual count that isn't tested/confirmed yet.

>>17974348
>Get gibs
>Can't buy shit with gibs
>Economy remains frozen for unforeseeable amount of time

Yes very bullish

Does anyone else keep expecting to wake up from this?

WHOEVER WAS GOING ON ABOUT "QUAD WITCHING" YESTERDAY AND WAS SO SURE WE'D POOMP TODAY, FUCK YOU

g-guys, are we heading towards hyperinflation or is it just memes?

I can't figure out whether to go SQQQ or TQQQ. I bought SQQQ at $28 on wed like a tard but sold at $29.5 today. I think there's gonna be a pullback on SQQQ regardless but SPX looks like it's trying to make this a floor:

>>17974348
>more states shut down

Good thing I have all this money I can't spend.

I NEED MY DRUMPF BUCKS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>17974377
What are you talking about the economy is still going on. It's not like it's at a complete halt, we aren't all wage cucks like you who didn't do well in college or were too much of a fucking sperg lord.

>>17974392
(BECAUSE MY $44 TQQQ CALL GOT FUCKED.)

expires in a week though, maybe we'll poomp. please.

>>17974170
doubtful. most anons already isolated themselves even during normal times. if anything most of the survivors will be anons.

>>17974244
Not soon, I'm pretty much the only person who can perform my function and it's necessary to keep production going

However the promotion I was hoping to get this year is probably gone, which sucks

>>17974238
it's not a trillion every day you kike

it's 1 trillion a month

How do I calculate my expected gains from compounding ETFs assuming a stable % gain?

>>17974360
With all the bailouts and unemployment welfare that pretty much all countries are planning large inflation across the globe is pretty much guaranteed. But I'm expecting something on the order of 50% not 10000%

Even in a massive recession the rest of life goes on as normal even if you're poor. This is like a nuclear war where everyone has to hibernate in a bunker for a year before radiation levels drop to safe levels

>>17974348
New York and California and Chicago just sent all non-essential workers homes, what the fuck would "bull" now?
If anything it didn't crash fast enough.

>>17974244
I work at an advisory finance firm. If fin advisors start dropping like flies then I'll be worried. But so far business is booming. Seems like the clients already in want advice more than ever. We busier than ever.

>>17974170

4chan skews younger. The mortality rate is artificially inflated by boomers.

buying bond, gold, silver, oil calls for 6-12 months out

>>17974238
Was expecting this but the premium on precious metals is a rip off and I have no idea what currency to get besides euros because of that anon who had intel about corona virus in Jan.

>>17974422
>calls on a 3x etf
Your greedy ass deserves to get popped

>Want some FTSE 100 ETF
>Took almost two weeks to get my broker account sorted
>I can finally invest now, just have to wait for the weekend to pass and then I can buy
>Price updates one last time earlier tonight
>It's up 7%
FFFFFFFFUUUUUUUUUCCCCCCCKKKKKKKKKKK

How do I cope? How the fuck do I cope?

this will literally kill trump

>>17974463
Just dumped my silver fucking finally... cash has to have more value, don’t know why I held on to this meme, when I bought it it looked like we were going to have an industrial bottoming.

When does deflation stop?

>>17974285
Dead as global pandemics.

Are futures traded friday night through sunday?

>>17974470
This is maybe the best analogy I’ve heard.

Thanks Just sold a bunch of shit

I’m sure I’ll regret selling half my Berkshire at bear market valuations, I better get to buy it back in the rubble.

ACTUAL DEATH RATES:
0-19 - 0.5%
20-35 - 2%
36-50 - 5%
51+ - 10%
You heard it here first

>>17974512
>When does deflation stop?
now that you sold your silver, the deflation can finally end
you saved the economy (for now)

>>17974517

Futures don't start again until Sunday night

>>17974512
silver is a joke so glad i sold at high spot prices

Wtf SPCE actually went to $9? Fucking kek'd, I wonder how many mongoloid "just hold" people got stuck with that one

>>17974543

Got it when it was 16 two months ago and got out at 37. One of my better plays.

>>17974389
I'm still kinda processing this. I knew for a while this will be really bad, but these past few days I realized I still underestimated just how bad.
The world as we know down to the daily lives has changed for the next 2 years at least.
It's hard to process after decades of stability.

>>17974244
Already lost my job, bro.

I think we're overdue for a dead cat bounce. Personally I want to accumulate shorts til Dow hits 15000 but I need to swing cuz I barely have anything in the markets and I refuse to sell my crypto.

>>17974244
>having a job

>>17974565
yeah... that's probably why I held all this goddamn stock through the fall.

>>17974244
got a comfy gov job, also 100% home office now

>>17974543
I made an incredible amount of money on SPCE. I fucked that bitch up and down. Rode it hard and put it away wet.

What are the changes we hit 10k on the Dow?

>world going to shit
>utter pandemic, we may never recover as a species
>americans freaking out on twitter about toilet paper

>>17974580

There are going to be no sustained bounces beyond 10% for a while. News is getting grimmer and grimmer with each weak. We're about a month and a half from the worst of this.

We've passed the event horizon. Mass layoffs. Nothing is bringing us back now. Even if you give the consumer money for one or two months of the 'national emergency' they will stash it knowing they may be out of work even after it is over.

now the question comes, what to invest in with this skyrocketing unemployment. Heck the jobs report that's coming out next week is gonna be a nail in the coffin for SPY
Anyy thoughts anons?
Aside from SPY puts?
Hospital reits?

>>17974605
Hit, or drill through?

LODS A EMONE

Decay eats up 3x Leveraged ETFs, but some more than others. Some anon said decay will eat up UWT; can anyone say how much decay will affect SPXS? 3x inverse ETF tracking the SP500

>>17974625
BLS says the only report coming out next week related to jobs is the February state by state monthly. THAT one won't have any problems. Or is there a different report from another agency?

>>17974625
Intelsat is a safe bet as they are so leveraged in government contracts that even with their stocks at 2 a share, they're guaranteed to rebound. Further if they get absorbed into another company the shareholders will get an equivalent number of those stocks.

>>17974543
I keep saying it's a retarded company with no business model and a bigger, better, faster, stronger privately held competitor. Nobody listened! Sad!

>but muh hypersonic corporate transport
literally a subset of what Starship can do better and cheaper

>>17974227
>communism is when the government does stuff
retard

>>17974430
jesus christ, how horrifying

>>17974685
ah maybe I misread, I heard there were going to be some announcements of unemployment claims
Canada just shot up from 125000, last year, at this time to 500000, today

>>17974608
Our top priority should be making sure we don't become the next Italy.

>>17974227
>>in a panic to prop up the dying economy he nationalizes everything

That's not what nationalizing industry means!

>>17974738
The USA is retarded and won't take any precautions until after it's too late.

>>17974244
>So how many of you guys are going to be unemployed soon
Oil and gas anon here. Its pretty much coming. First wave hit coworkers pretty hard. Wont be long for me.

>>17974244
I'm uncertain. I'm sure they will do cuts, but I don't know where they will start.
We have IT spread in high-cost, mid-cost and low-cost locations. I'm in mid-cost and I'm afraid we'll be the first ones to go.

Still this might be an opportunity. With remote work becoming the standard in office jobs anyway it might be easier to get a job directly for a 1st world client while living in my cheap 2nd world country.

>>17974682
Fucking GOD DAMN.

Alright, so what's the next bubble and will this volatility trigger the crash?

>>17974738
the next Italy?
or the next Rome?

>>17974749
Cuomo is taking it seriously at least.

Your fucking retards don't know what a stimulation packages is lol

Also what are bonds

>>17974238
>industries and transportation are ded
It's more of a brumation.

>>17974738
We're going to be worse than Italy. The federal government has still not articulated a coherent policy in response to the epidemic. Most State governments are just reacting to what happens day-by-day.

I mean just look at how ridiculous California and New York are. They lock down for one month. And what do they plan to do once that lockdown is over? Crickets.

>>17974749
>>17974738

>>17974430
(and that's a good thing)

>>17974244
>been trying to hire a new person in my role for months
>bothering me is a crucial step of a lot of stuff
>hr never got around to it
>essentially can’t be fired because I’m the only person doing my job

>>17974738
No! My inside man! My secret source!

>>17974244
4 year NEET represent

BULLBROS
WE GOT TOO COCKY
OH NO NO NO NO
I THOUGHT FRIDAYS ALWAYS ENDED GREEN
WHAT HAPPENED TO THE PUMP????
AAAAAAAAAAAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>17974494
>I have no idea what currency to get besides euros
the pointy lead kind

>>17974208
>Some Italians actually did make 3d printer blueprints for some ventilator valve
>Blueprints get DMCA'd or whatever

>>17974749
One would assume that countries are led by competent people and teams... I means look at all the 3 letter groups...but nobody did anything until it was too late. Even fucking /pol/ watched this since early dec.

>>17974865
The "valve" is just a HEPA filter or 1/2 inch plastic piece, depending on which faggot news source with 0 medical experience you source.
>t. space shuttle respiratory therapist.

>>17974394
just a meme. something about the dollar being tied to the price of oil because the US won't let it sell for anything else

>>17974690
thoughts on IRDM, iridium seems to be the only other big satelite guy

>>17974837
No more EOD pumps bulls sorry. Fed funny money printer is broken.

>>17974837
i lost $800 today because i bet too hard on a pump, stupid loss

what's the leverage on TQQQ and SQQQ do I get 3x every dollar of profit?

>>17974837

HAHAHAHA GET FUCKED BULLBROS

AHAHAHAHA HAH AHAHH *cough cough* HAHAHAHA HAAA *cough cough* HA-*cough* H-HEHAH! *cough cough*

*COUGH cough cough* hahaha

There will be a capitulation on monday. Anyone who still held and thought this was nothing, will see all the bad news this weekend, then see their shit has dropped another -5% in a single fucking day. And just fucking give up

This is YOUR CHANCE

>>17974706
I just got into spce today, I will get more money bear or bull. Long term it's a bet but I'm betting it will pay off.

>>17974837
I legitimately cannot comprehend how retards somehow thinks stonks will increase in value while lock downs and months of quarantines are only just beginning.

>>17974943
I just need it to get back to 38 dollars by next week so I can pay rent

My ETF values at noon Monday but the price isn't visible until 8 hours later. If we have a major crash on Monday morning, should I buy? Or should I give the fund manager an extra day to see how bad things are?

>>17974915
that's the fund goal but the short answer is no, there's a bunch of fucky stuff going on under the hood, if you actually care read the prospectus, if you don't just keep buying low and selling high and think of them as higher volatility versions of QQQ

>https://www.marketwatch.com/story/second-dog-tests-positive-for-coronavirus-as-owners-warned-not-to-abandon-pets-2020-03-20

The Hong Kong government has urged people not to abandon their pets and to stop kissing them after a second dog repeatedly tested positive for coronavirus.

A German shepherd living in the Pok Fu Lam area on Hong Kong Island was sent for quarantine along with another mixed-breed dog from the same residence on Thursday after their owner was confirmed as being infected, the Agriculture, Fisheries and Conservation Department (AFCD) said in a statement.

>>17974943
Same. Im also going to pick up some LMT, BA, and maybe the raytheon/united merger. I like that aerospace stuff. Always has good value.

>>17974969

Don't worry anon, Coronavirus will go away over the weekend, and we'll be back to ATHs on Monday.

>>17974969
sell what you can and try to find some cardboard to make new housing

AAAHHHHHH FUCK
just let this kill off all boomers, itll be better off, in the long run, that way anyway.

>>17974941
How do I short the fuck out of everything?

>>17974244
I do Regulatory at Amazon, business is unironically booming right now

>>17974889
What you need to ask yourself is why it was done this way. Lets assume murica wants to go to war with China, it needs a reason. What better reason to go to china then to avenge 100K dead grandparents?

>>17975004
>just let it kill the generation holding 80% of the country's worth in the span of a month
yeah that would go well

God damn it. It ALWAYS looks like it’s too late to short, too late to sell, too soon to buy.

Americans ARE so beaten down that it could be everyone goes along with a military enforced quarantine. Except for a few southerners and hood rats with poor impulse control and bad risk/reward weighting.

So shit may not fall apart just because hospitals overflow and people are denied treatment.

>>17974941
Pretty sure you’re wrong. IRA and 401ks were already selling the blowoff top. They already panicked out 15% ago, and all this shit is freezing up cash by traders selling “what they have to, not what they want to”

I just capitulated, dumped more of my longs including a bunch of brkb, and shorted the bottom. Bought a bunch of FNGD in my IRA and trading account. That’s how I know we’re at a local bottom.

>>17974892
The petrodollar shit?
I’m curious but not a believer.

>>17974682
SPXL is fine. SOXL is fine.
There are different kinds of decay.
Everthing suffers from volatility decay.
Red days hurt more than green days with the same percentage.
(1-x)(1+x) = 1-x^2 //Lose x => win x => lose x^2
where 0<x<1
Usually spy is green and therefore spxs has very high vol decay.
As long as spy is continously red spxs has low vol decay.
Inverse for spxl/soxl.
The other one is roll over decay which effects all futures etfs. Vix, oil, sugar, gold... Roll over decay is fugly when futures are in contango (which they are most of the time).
All sorts of etfs also have fees which are usually broken down to daily offsets.

Chaotic Evil : Boomer Remover
Lawful Evil : Chinese Virus

True Neutral : Wuhan Virus

Chaotic Good : Corona-chan
Lawful Good : COVID-19

>>17975057
>than green days...
help...

>>17975034
I don't know.... World war is no fun if everybody has nukes... Wars will all be of economical nature.

>>17975061

I can't understand tiers unless they're accompanied by pictures of brainy CGI humanoids.

>>17975049
>a few

That's the majority of the population in many, many areas.

I'm thinking about opening an account with TD Ameritrade, however I don't know how its merger with Schwab will affect the platform since I already have a Schwab account.

Does anyone have a clue? I've been researching but I haven't found any definitive answers.

>>17975049
Short vol

Where's the KO anon?
I'm wondering what to make up for my shopping list and fill it with Juicy dividends (scary that some are getting slashed)

>>17975095
probably not at all? if anything, schwab would adapt td's superior platform but most likely they stay separate products

>>17975095
Call them and ask. They will be able to provide better information to you than anything available on the internet. I'm sure they have a boilerplate answer for this as you're certainly not the first person curious how that's going to work. In general, things will be merged together after the deal closes. If they do it right, and they're a good broker so they likely will, there will not be any disruption to your trading accounts.

>>17975120
>>17975130
Thank you very much anons, stay safe! Don't let the rona get you

>>17975046
That could actually be the greatest possible economic stimulus. When getting that windfall inheritance payment, they might rush out and start spending, increasing velocity of money, freeing up capital from savings and money market accounts, and rebuilding demand for cars, homes, and other goods.

>>17975100
Oh I am. It’s been a big fucking loser and I don’t have the heart to keep DCAing. See pic related.

>>17975057
For me, it’s SOXS

>>17975108
how can you seriously consider buying things for dividends at this time, are you dumb?

We're not going to have a bounce back or a sustained rally. A crisis that exponentially worsens on a daily basis does not allow for a sustained increase in value. We're going to reach the point where, with regard to American deaths, it will be a 9/11 every day.

Can you image? 9/11 every day for weeks, perhaps months on end? We're going to slam down to record lows. This may be worse than 2008.

Who would win, the entire world economy, or one soupy bat?

>>17974889
Eventually you realize that those mighty politicians and secret agents are just regular people that have a lot of different responsibilities and finite amount of time in the day.
It's not strange that a random /pol/ autist that was spending 3 hours every day on coronavirus news and reading up scientific papers on the topic would be more knowledgeable about it than most politicians. Especially since a lot of the info is either public or only known to the Chinese government.

>>17975141
Greed and impatience. The dumb money is coming out in droves, thinking they can get some 'cheapies'. We're not even 0.1% into the death count of this epidemic and they think now is the time to buy.

>>17974399
>picks a random bounce
Yep that the floor.

>gyms closed
fuck, /fit/ was my only cope now i have to live with the bear

>>17974360
>Some level of lockdown will have to continue essentially indefinitely
Not true, It it spreads wildly like it's predicted then most people will have already gotten it and their bodies would have developed immunity/the most vulnerable would have already died tho. The lockdown can be lifted if we fuck up so bad we kill all the boomers and the sick cause we won't have to worry about infecting them anymore

>>17975147
>This may be worse than 2008.
>may

DONT

>>17975183
holy shit he's cute

>>17975027
Has any fulfillment center in the nation been shut down by the governors/mayors yet?

>>17975192
I hope everyone does. I want things to get as bad as possible.

>>17975147
the only people dying are boomers and weak bitches, stop consooming media

>>17975183
>live with the bear

Not as bad as you think. Bobo is your friend.

>>17975192
Aight that's it to the bank I go wooooooooo

>>17975208
they have to get bad before get better

>>17975167
>Eventually you realize that those mighty politicians..
>Eventually
I actually meant the teams behind the scenes.
There has to be a lot of shit going on which you aren't aware of. But maybe not...

>>17975192
Please goyim, not our bankerinos.

>>17975229
pls

>>17975192
>not having all your money is assets

>>17975183
i was making progress .. and they had to close the gyms. fuck

>>17975189
The worst case scenario isn't a certainty. They won’t wait as long for bank bailouts this time, and what if DB is somehow solvent?

>>17975169
Why is that the metric? Market isn’t waiting for the Death count to bottom before it does.

>$TSLA desperately trying to escape $300

Not happening. Give me my money bitch.

>>17975241
*in

>>17975147

And what do you think the market is going to do? Drop 10% every day? At a certain point we're just going to become desensitized to the catastrophe around us and the market will start irrationally climbing again regardless.

The point at which that desensitization kicks in and we stop hoping for a recovery is when the bear market ends.

>>17975271
You’ve been going to the gym?
Anon... I hope your area doesn’t have any cases yet... it may not kill you but it won’t make you stronger.

I need a very red Monday. What's my chances?

I did measurements of past crude oil price crashes going back to 1984. Couldn't find any charts that go back further than that so this will have to do. It doesn't mean much but I like doing this when things fall apart to get some perspective on the situ.

>>17975271
>what is home gym

DUMBO

>>17975017
zooooom ouuuuttttt

>>17975302
its been over a week since the gyms have closed. we have cases but i feel fine.

>>17975215
lewd. /k/ would appreciate this.

>>17975311

>>17975319
sure, training will be so effective with a 22 lbs dumbbell.

>>17975084
Or bioweapons. Oh wait.
This fucking virus is either made up, and they are using it as a pretense to orchestrate a controlled worldwide market crash. Or it's a bioweapon that was either accidentally/deliberately let loose by chinks.

>>17975345
Anon. If 22lbs isn’t enough, you should try the 25lb dumbbell...

>>17975345

>>17975356

Or it was spread naturally by Chinese people eating roadkill bought from wet markets, and failed to be contained in time for international proliferation.

>>17975311
999%

>>17975356
Or it’s a biological disaster like happens every few hundred years or so because we’ve never truly escaped the lethality of the natural world?

>>17975376
>be USA
>China's economy is growing at remarkable pace, will overtake the US soon
>must find a way to destabilize China before they become too powerful
>launch trade war, fails miserably. China GDP still grows 6%
>fund Hong Kong protests for months, try to provoke Tiananmen 2.0 to justify global sanctions against China
>CCP doesn't take the bait
>dumb HKers set old people on fire, movement loses international support
>fuck, have no choice
>unleash bio weapon in Wuhan during the 2019 Military World Games
>virus is incredibly infectious, 2 week incubation period, asymptomatic spread, basically impossible to contain
>takes weeks to kill, will silently infect tens of thousands in Wuhan before CNY where everyone will travel to every corner of China
>China will fail to contain virus, economy will collapse, international community will shun China and will impose decades of economic sanctions
>virus will burn through elderly population in US, solving the funding problems with social security and medicaid saving US government trillions
>USA remains world power for next century
>BUT
>China somehow discovers the virus in 1 chang in a city of 11 million, far earlier than expected, sequences genome 5 days later
>China immediately realizes virus is an engineered bio weapon, shuts down whole country instantly
>facial recognition AI-enabled temperature-sensing CCTV cameras track down every infected individual in the country
>every single person with the virus located and quarantined, spread stopped instantly
>USA CDC completely fucks up the tests because it's a bio weapon unlike anything seen before
>USA now can't let all the old people die after China heroically saves their population
>no choice but to shut everything down, causing economic Armageddon
>China now virus-free while USA thrown into economic turmoil
>USA completely BTFO

>>17975376
Would not surprise me if they spread it on purpose. Their enemies can’t easily take advantage of their crisis if they have a crisis as well.

>>17974302
> Trust me
> Why would I ever rie to you?

>>17974179
>>17975108
>>17975141
>>17975169
IMAGINE ALL THE DIVIDEND KUKS ABOUT TO GET RAPED BY CUTS

>>17975004
When all the boomers are gone, but you're still a failure, who will you blame then?

>>17975229
If they get bad then get better, aren't they just going to go back to how they are now you fucking retard...

>>17975311
50/50

Depends on what the stimulus package from the government looks like. There are also people who will think this is the bottom and buy. If Monday is green Tuesday will be menstrual blood red.

>>17975281
Tourism is dead, hotels are dead, sports events are dead, conferences and fairs are dead, eat-in restaurants are dead, cafes bars and clubs are dead, automotive is nearly dead, aviation is dead.
Mass unemployment, tenants and businesses not paying rent and utilities, mortgage defaults
This thing will rape half the economy, which will drag the other half with it.

I should have bought SQQQ

SPY will open at $210 on Monday. Be prepared bulls. Your last chance of mercy is at open.

>>17975423
not necessary retard.

they could become even better then they were. It's just the system taking the garbage out

>sub 20k is just reality now
this screencap didn't age well, reminder the same people who fellate Fed measures now are the same people who denied a Crash was even possible less than a month ago

>>17975183
>>17975271
>waaaah my gym closed!
If you needed a gym to work out, you were doomed to fail.

>>17975434
This is why I'm glad I'm working from home. I don't even want to leave my apartment for two months.

>just invest in vanguards bro
>most traders lose money bro

lmao, DJI is at 2016 levelsand nasdaq is at january 2019 levels

>>17975401
It is also a HUGE coincidence that cornvirus was released the same day corey feldman premiered his new documentary my truth raping both coreys.

>>17975401

Yeah, that schizophrenic explanation definitely seems more plausible than one of many indigenous coronaviruses combined with unsanitary livestock markets and lifestyles causing a naturally-occurring outbreak with historical precedence to boot.

>>17975315
I found a longer chart. Oil was mostly bullish from the late 1940s to 1970s. In 1980 it hit a peak of 39.50ish. So extend the drawdown on my first measurement to -76%, representing a drop from 39.50 to 13.26.

What do you think about puts on LYV?

>stonks dead
>literally everyone on lockdown
>there's now an even higher chance that i will die a kissless hugless virgin
fuck coronachan

>>17975420
Minorities

>>17975281
>>17975301
The market right now is in a state of semi-wakefulness. You have a large bloc of traders who still think that this is just a flu, and another large bloc who think that this will pass in a few weeks, and another large bloc who disagree, but nevertheless think for one reason or another the economic impact will be negligible.
Many institutions, though more woke than these traders, are still just predicting a garden-variety recession.

Prices are maintained because of these optimistic expectations. Growing numbers of deaths are what will scare these people off and change the consensus outlook to a depression. The market is constantly bleeding optimism until peak deaths are reached. We're not in for a bounce for a long, long time.

>>17975429
The only way we're green tomorrow is if FED poomps so much inflation overtakes market crash.

>>17975509
The inflation adjusted version is also interesting.

>>17975523

I wouldn't be surprised if we fall twice as far as we have already, but the shock is going to wear off long before the virus does. The recovery will begin before the virus is gone, and maybe even before the quarantines are over. I'm not saying we'll be back to normalcy before the end of it, or even soon after, but the bottom will be reached before the peak death count.

>>17975445
No, we all shouldve bought SOXS.
I thought of it too, but pussied out.

>>17975523
I don’t think you’re correct. They just don’t want to sell at bear market values if they can sell into a bounce, or free up capital by selling other assets like gold, or sometimes bonds, which allows yields to rise a bit.
They know that shit is hitting the fan, but don’t want everyone to leave the party at the same time.

>>17975527
Nah, false hope would do it. More news about treatment or whatever.

>>17974726
12500*

So basically unemployment increased 4000% yoy

>>17974114
Can we talk about NFLX for a minute? Honestly, how long do you think that valuation is going to hold up in this market? I know everyones going to be sitting home and streaming, but everyone already fucking streams, this isn't going to lead to a surge of new customers who suddenly decide to join Netflix. What's worse eventually families will be cutting back on their streaming choices, and NFLX will lose to DIS since kids are home from school. I see 180 share price in 4 weeks, max.

>>17975434
Right, but IF we get a working vaccine, the market will force a V-shaped economic recovery even before its fully tested. If it can’t be pushed out because side effects, then the crash will max out the circuit breakers.

At this point I'm just dreadfully curious to see if we are hitting 2008 levels again.

How red will Monday be?

>>17975565
>if they can sell into a bounce

That's the sort of optimism I'm talking about. They think a 'bounce' is coming. That there's some really good, good news down the pipeline. There isn't. We're going to see unprecedented death, unprecedented unemployment, and perhaps race riots across the country. When the reality manifests itself they'll dump.

>Dear IBKR Client,

>Congratulations! Interactive Brokers has approved your application for account UXXX.

>If you indicated during the application process that you would be funding by wire or EFT and you have not yet sent funds, we encourage you to do so at this time.

WEW LADS I MADE IT
THX WHOEVER TOLD ME TO LIE MY ASS OFF IN THE LAST THREAD THEY THINK I'M A 30YO STOCK TRADER WITH 500K OF ASSETS AND 10YRS EXPERIENCE
NOW WHAT'S THE FASTEST WAY TO LOSE ALL MY MONEY?

>>17975527
>The only way we're green tomorrow is if FED
Dude tomorrow is saturday. Try to focus on events around you.

>>17975593
Boeing

>>17974227
Good

>>17975593
Otm TQQQ calls

>>17975588

You're acting as if the stock market will only exist as long as the pandemic does. A bounce isn't coming in the next week or month, but it is coming before the end of the year. Most investors are long-term, and will hold out for the inevitable. This isn't the fall of the Roman Empire.

>>17975500
explain to me though, why is it so different from other corona viruses with its fucked up incubation period, and the fact that it can be treated with malaria, aids, and cancer medication. It's either made up, or it has all the hallmarks of a bio-weapon that went loose. It might've been spread on purpose by a crazy lab worker, who knows, given that it's china we will probably never find out. Countries who disregard safety and quality of their facilities should not be allowed to dabble in this type of stuff.

USA is about to hit 20,000 CONFIRMED cases

>>17975301
Or we King Krabs like Nikkei for decades

Greetings from California, where we are FUCKED

https://www.latimes.com/california/story/2020-03-20/coronavirus-county-doctors-containment-testing

>>17975574
NFLX will not lose to DIS lmao, disney plus is trash

>>17975629
it's going to break 20k confirmed Deaths before we reach the bottom

>>17975593
>fastest way to lose all my money
Try to trade the margin with all your money and then panic when it doesn't go exactly the way you expect.

>>17975628
>why is it so different from other corona viruses with its fucked up incubation period

The incubation period is comparable to SARS.

>and the fact that it can be treated with malaria, aids, and cancer medication

It can't. There are spotty reports about symptoms being eased by some of these drugs, but there are no double-blind, peer-reviewed, reproducible trials which dispositively demonstrate the efficacy of these drugs over traditional forms of treatment.

>It might've been spread on purpose by a crazy lab worker, who knows

There is no evidence to suggest it came from a laboratory.

>>17975654
Even if that's true, that valuation in this market? Not fucking happening.

>>17975649
told you so three weeks ago
the rest of the country is just somewhat behind tho
But I think CA will be hit the hardest, it's a perfect mix.

god it's funny seeing you spastics sperg about a 3x etf. if only you knew about superior european "instruments" (actually gambling) 10-20x leverage certificates against indexes, sometimes even single stocks
just imagine it's like a stock that goes from $2 to $50 within a day. then next day that shit has a chance of going from $50 to $200.

end this fucking human live

https://www.submarinecablemap.com/#/

>>17975628
1. It's literally just SARS again. It's SARS-2. That's it's name.
2. There's not a lot of evidence for any of those medications actually working, they're used experimentally but none have actually been approved. And biochemistry is fucking weird, you can write textbooks on why a certain drug does or doesn't work for certain conditions.
3. It doesn't really matter whether the Wuhan Virology Institute was studying a bat virus that got out, or whether some chink ate a bat. The result is the same.

>>17975685
You need that because your markets and companies are so shit you can't make a decent return any other way. I am a little bit jealous though.

anyone else get pissed of by pussies who say shit like "invest in GICs" or "invest in index funds"

like have some god damn balls

>>17975685
do you mean cfds like on etoro?

>>17975720
Do you think viruses have sequels like your favorite disney movie? You absolute retard

>started the week at 6k now at 700
ill just make it back

>>17975739

Not really, because they provide a greater reward/risk ratio than alternatives, unless you're a quant prodigy.

>>17975685
The price of a knockout is stockprice minus knockout price times packaging.
It scales linearly. Daily rebalancing is way better when you consider the worst case. What happens when the underlying of your 20x knockout drops 5%? It's fucking dead.

>>17975721
they go against any country index and any major stock in the US you turbo retard.
here is the catch. s&p500 goes down 5% one day. you profit 100% and decide to hold. next day it crabs, and shoots up 2% at the end of the day. you lose literally everything without being able to react

>>17975779
yikes dog

>>17975779
>started at 5K
>now at 2K

>>17975739
you know how most normies think you're a fucking super genius because you slapped some parts together on Newegg and assembled a PC? even though it's actually trivial and a monkey could do it?

that's why normies fall for the "just buy index funds" meme

>>17975766
https://en.m.wikipedia.org/wiki/Coronavirus_disease_2019
>Coronavirus disease 2019(COVID-19) is aninfectious diseasecaused bysevere acute respiratory syndrome coronavirus 2(SARS-CoV-2).

>>17975593
All-in on MGM

>>17975471
yes

>>17975766

That was a pretty funny reply, but the point remains that the virus is biologically similar to SARS. In fact it's substantially less deadly. As far as optimizing for infectiousness/mortality, it has a ways to go to being the perfect bioweapon.

>>17975800
THIS ONELL TAKE ME BACK IM SURE OF IT

>>17975779
>started at 2k and ended the week at 2k

>Bobo is laughing at us
>Bearbros are laughing at us
>/biz/ is laughing at us
>/pol/ is laughing at us
>/leftypol/ is laughing at us
>twitter is laughing at us
>the stock market is laughing at us
>Corona-Chan is laughing at us
>everyone is laughing at Bulls

Bullbros...............

>>17975779
>week started at 800
>Still roughly 800, but up by like 40% volume of stock on the same ones I initially invested in.
It's a delayed sort of feels.

>>17975779
>started at 5k in Jan
>Now at 35k

>>17975579
Even a mega fasttracked vaccine would probably take minimum 6 months and a lot can happen in those 6 months

>>17975845
Pretty much my mindset for the past month.

Not a single one has taken me back.

>>17975831
Sure, but its not "just SARS again", sars is the symptom.
>>17975813
>it's just like my toy story 2

>>17975061
Personally I like wuflu better, its quick n snappy

>>17975779
These are some valuations of my portfolio over the past three weeks in sequential order :

>13,794
>19,000
>6,600
>24,000
>7,740

Wild ride.

>>17975785
yeah that's why i call it gambling. they're still funny as fuck though. when they rebalance and keep going up the next day into the fucking sun, just so dumb
i'll never forget the tesla certificates that went from 1 to 2000 per certificate during that pump (i lost a million instantly in one night holding it for one day too long)

Christ. I just realized how useless bailouts are going to be for 90% of travel and hotels and shit.

Trump is insistent on bailing out the cruise lines. Once thousands are dying, if we don’t have a vaccine, you won’t be able to pay people to go on those ships.

We’re fucked boys. It’s one thing for the banks to be too big to fail, they actually provide services essential to businesses and the economy. But why are we going to bailout the fucking casinos and cruise lines? They’ll say it’s to save jobs and do it, won’t they? Just so all those workers don’t riot because they mishandled this.

i really think the market might turn up on monday. just some qualitative analysis i've done on normies predicting that "this is just the beginning"

What do I do? I have 25 positions open on everything from oil to airlines and I KNOW it's all crashing next week and next month...

I also know that this isn't about how much I lose but rather how much I didn't potentially gain, since there will be a bounce in the long run.

Should I put premarket orders to sell all my positions and reinvest at a later time?

Or keep the positions on the off chance of a cure and a quick fix through gov, and triple down on the actual bottom?

Serious help. I'm not on Robinhood

>>17975779
>>17975800
>>17975869
My ride:
-30%
+40%
-20%
+30%
-30%
+20%
Im about 25% from my all time high before the crash (RIP SPCE calls).

>>17975904
Just sell the next green day. Thats what I did over the past few weeks, sold things that popped and never looked back. My portfolio went from 90% stocks 20% options to 80% options 10% stocks and 10% cash.

>>17975898
This is ACTUALLY the kind of disaster we want a strong federal government for. And we have a president who couldn’t plan a goddamned church bake sale.

Too bad my state is even worse.
And I’m a noguns nogf nonothing.

>>17975851
I think it'll go up after the Q1 earnings reports, unemployment report, and first wave virus peak in mid-april

>>17975866
It is literally just SARS again
>a coronavirus that jumped to humans in china from bats due to unsanitary chinks
>causes acute respiratory distress
>genetically very close to SARS Classic
but with a fun new twist
>spreads asymptomatically
>less lethal, but more infectious

>>17975901
Every weekend is just wall to wall news coverage of the world burning, and companies are starting to crack already. If the stimulus passes before Monday that might cushion the blow, if not I expect breakers.

>>17975851
Look. Unless you think that Corona-chan can topple the USA, the bulls will win in the long run. Surviving for the long run should be your goal, anon.

>He doesn't have a vacation countryside manor to retreat to during this plague
Not going to make it desu; Think I am going to build fortifications around the main buildings and possibly make an agreement with my poorer neighbors to protect them if they can help out with food.

>>17975904
Reduce positions you have no faith in for the COVID world. Consumer staples and healthcare are all i think are worthwhile, and healthcare might be pushing it. There will be a lot less demand for lung cancer drugs and diabetes meds if those populations are cut in half.

People owned this for four years to get sure gains in a low-yield environment and in two weeks lost all of those gains

>>17975945
(That means having as much cash on hand as possible, because equities don’t improve your odds of survival, no?)

>>17975980
god's way of showing low-risk test faggots that there is no free lunches

>>17974706
Based me too. Fight the shills

>>17975980
Wtf. I love corona now.

>>17975779
>started at 0
>now at $500

slowly but surly

>>17975980

And after the pandemic is over it'll probably go back up to near pre levels.

>>17975980
And imagine that they paid thousands, tens of thousands, fucking millions for this money to be "managed"

>>17974114
If crude oil goes to 5 USD a barrel, will my 23 strike Exxon puts be in the money?

>>17975574
It could realistically drop to 90 if corona stays active for the next six months. I wouldn't be surprised if people stop subscribing especially when they have been producing shit after shit lately.

>>17975941
>genetically very close to SARS Classic
Arent they both "corona" virus? Corona virus itself though is much more infectious.

USA will be first to 100k cases
NUMBAH ONE BAYBYYYYYY

>>17976031

Italy.

>>17975987
This. The FIRE guys with their "buy and hold etfs" are starting to sweat. Theyre not panicked yet but starting to get nervous. All their gains are gone instantly.

>>17975851
We tried to tell you but you wouldn't listen cus your ears were full of bullshit *pun intended* now go to hell and die

It's funny I just thought of this today u was at my customers shop 6 months ago he needed a specialized abrasive application asked what he was working on? He said a big military contract for portable tents for military mobile hospitals....heard a story today about military saying they are well prepared to help with temporary medical hospitals......those sons of bitches knew!

>>17976045

Gains are only gone if you realize your losses.

New thread:

>>17976066
>>17976066
>>17976066

>>17976026
It's not even anything with the business, it's the valuation. People are going to sell the stock before long, no one is buying any stock on a scale enough to save it. It's strictly the valuation that is just glaring. I completely expect it to settle at about 35x earnings, just as chipotle now is, just as Crispr is, etc. Squares another name I'd expect to drop until it's sitting about the same 35x levels. Who honestly thinks Netflix is going to exist for the next 75 years, let alone be as profitable as they were last year for all 75 of them? Because if you think that, you should kill yourself for being so retarded.

>>17976045
"what do you mean I can't generate 7% wealth indefinitely sitting on my ass"

The market giveth and the market taketh away

>>17975677
If CA is hit the hardest the DJI will be at 10K when this is over.

>>17976071

>>17975779
What do you trade equities or options? What type?

>>17976015
What are you putting your money into?

>>17975720
Doesn't explain why China panicked as hard as it did, literally blowing the fuck out of their economy in the process, erasing years of progress.

>>17976089
options. calls/puts. started initially with 3k.

>>17975850
>tfw up 5% for the week
>on longs

>>17976067
We're definitely going to have to ask serving medics to go into battle against an unseeable enemy...
We're already asking retired medical staff to serve.

>>17976045
b-bro... SPLV and SCHX will come back right??? they're just sleeping yeh? (Also VTSAX but I'm just gonna leave that alone forever...)

Dumped QYLD. Closer to cash gang than I've been in a long time.

>>17975401
What about Italy

>>17974232
kek i sold that exact call this afternoon for a $100 loss. hope you make it

>>17976029
>Arent they both "corona" virus?
Yes. Corona is a certain class of virus. COVID-19 and SARS are both in that class.

>>17974285
the whole world is going to come to it

>>17974179
since they weren't a dividend aristocrat figured they had nothing to lose...

will be curious how Chevron and Exxon handle this

>>17976081
So many of them are in for a rough time when they realize that lie.

>>17974348
i really thought this too but then i got scared after other anons here were buying only puts so i sold my SPY calls at a 50% loss and switched to puts for monday

>>17976162
Yeah, all these "experts" are like "bonds and stocks are inversely correlated" which is true for the past few decades out of 100's of years of financial history, they are about to get BTFO

>>17975857
spy puts only? or sqqq as well?

>>17976183
Actually calls through Feb at first. Got to 60k and then loaded up again and got caught by the first bear swipe. Bouncing back now with puts. those 3x etfs are a meme.
>>17976177
We are in financial land that doesnt correlate to anything in history for sure. All the vanguard white papers and such arent going to help at this time.

>>17976015
elaborate please, how did you make money without an initial investment.

>>17976218
are you a profesional or a hobbyist? I got my hands on a couple of books about options trading.
Option Volatility Pricing Workbook Practicing Advanced Trading Strategies and Techniques by Sheldon Natenberg

and

Trading Options Greeks How Time, Volatility, and Other Pricing Factors Drive Profits, Second Edition by Dan Passarelli

Hope they are actually decent, and I will learn the basics with them.

>>17976256
Hobbyist. the 35k aint much what others post but i wanted it to be an extra source of income against my salary, especially as im likely unemployed by next month.

>>17974527
>20-35 - 2%
I wish that were me.

>>17975980
im happy i decided to manage my goddamn money myself. went 95 % cash on feb 20. i can make super quick decisions if needed. not the case when the money is managed by some Niggers.

>>17976280
I wish you the best of luck, just remember to not become a degen and increase your order sizing as your portfolio size increases.

>>17976038

Tha motherland!!

>>17976330
>degen and increase your order sizing as your portfolio size increases.
Literally how i messed up with the end of feb. Got greedy and stopped my strategy.

Whats your guys take and traditional boomer and vice stocks, like XON, MGM, PENN, KO, PEP, BA? I pulled out of a my positions before the major drop with 4.2k and was thinking about picking up some of theses.

>>17976398
The bottom isn't anywhere near, and some these companies looking at boeing, might not even be around when we reach it.

>>17976109
Everything.

>>17976221
I have a job.

>>17976398
Not yet

>>17975061
Anyone not calling it SARS-2 is a retard.

>>17975863
more like a year realistically speaking, we're in the year of the bear moomoos

>>17976459
it's WU FLU

>>17975061
gay

If the bottom is 15k or lower, and the fed is gonna pamp til the end of the month, isn't trading TQQQ SQQQ ez money?

>>17974179
What does that mean for my deep ITM puts I bought for 14€ a piece this week? Is the stock going to fucking zero?

With everything that happened today and how the futures look, I think it's safe to say that monday morning will be a complete fucking slaughter.

>>17976834
You don't need to worry about options. You will always get paid. Someone said they will pay, and they will pay even if its zero.

>>17976839
Yeah the future looks pretty fucking bleak if you ask me.

>>17976914
I regret buying overpriced deep ITM puts. Should have bought at 70 strike.

>>17976914
Also these are warrants. I'm afraid the Issuer goes under before I can sell.

>>17976942
It's good if you're playing the bear market looking to snipe the decent options as much as possible. It's one of the few safe games when the market does multiple days of crab movements followed by sudden drops every few days.
Biggest regret of mine is that I wasn't able to get in on the party earlier. So it's just cleaning up as things go down.

>>17976944
Why would that matter? What did you buy? Deeper = you get paid more. If it goes to zero, you get the strike price x100 straight up.

>>17976958
You bought options on warrants???

>>17976995
No, they're warrants. Options but not traded on an exchange, instead issued by some party. I don't have access to a real options chain.

>>17976981
https://www.sg-zertifikate.de/optionsscheine/SR1CTQ-The-Boeing-Company-Optionsschein
It matters, because deep OTM options are cheap.

>>17977206
No idea what the fuck that is but should probably sell. The price is based on risk, a lower strike means higher risk, the option might not ever reach it. This is a typical thought pattern of novice option traders. An option is cheap BECAUSE its risky, it DOESN'T mean its worth more, it just seems that way in hindsight.

>>17977290
Dude, boeing is going to zero.

>>17977331
Its not actually going to zero you fool. Do you know anything about Boeing? They will never go away, they are one of the few companies that the US government would never let go. The stock market will close before Boeing goes to zero. Why wont you take a win?

>>17977425
You realize that they could just nationalize the defense department of Boeing, right?
You realize that a bailout doesn't mean that bag holders will get anything, right?

>>17977495
>>17977425
Also my profit is only 50€ by today's close. It will probably print on Monday.

AAL and UAL isn't coming out of this alive is it?