/biz/ - Business & Finance

first for fuck usurers

Saying there will be a depression or even a recession again is like saying small pox or polio will ever be a major issue again. We know more about economies and how to manage them than we ever have in history. Trillions have gone into the research. Simulations have been run around the clock for decades. We have conquered the very concept of a downturn. We have slaughtered your black swan and made foie gras out of it. This is hard to accept, because it requires you to both accept that 1. there are people out there FAR more intelligent than you and 2. they have things under control. As a result, your life is not and will likely never be that interesting. You're a component of a controlled system. A recession or depression will not rescue you from the high quality life, the best quality of life currently available quite frankly that can still allow stability to be maintained, that you have been given. You might be feel trapped, but that's a good thing. It means the system is working and it also means NO recessions or depressions. We have "beaten" economics

>>18233687
>no edition edition
based and whateverpilled

>>18233687
bounce confirmed by google

I seriously hope you loaded up with calls for tomorrow.

My position:
>ALL IN AMERICAN EXPRESS 90c 4/17

I want to say I will remember you guys when I make it, but I won’t.

>>18233721
Be a hot white girl and sell your virginity to a smelly Arab.

The coming days will be interesting to say the least.

Anyone else see Boeing hit 95- again (lowest in the last week) once the reality of this shit settles in?

>>18233698
Can I have whatever it is you're smoking?

>>18233721
buy frontline

>when you see a bull still buying dips after hours

>>18233745
Its basically: I will buy this at x price at x date or I will sell this at x price at x date.

>>18233761
>that sweet feel of re-applying divvies to buy more stocks on the cheap
heh
I like it

>>18233724
>open /biz/ catalog
>ctrl+f
>type smg
no script needed

So, how about them stonks

>>18233761
How we looking at KO, XOM, T, and MO?

>>18233769
you guys need to follow zerohedge. despite everything they deliver news like this before anyone else

>>18233798
>>18233721

post a screenshot of your brokerage for the lads

>>18233833
mostly they create leverage by constructing with futures contracts, not borrowing money to buy 3x of the underlying
it's all case-to-case anyway, all leveraged and inv etfs are different

Zoom out

>>18233769
this is why the markets wont bounce back soon.

this will flare up again and again and cost trillions.

The easing never stops.
>US Federal Reserve Exempts US Treasury Debt And Federal Reserve Deposits From Supplementary Leverage Ratio For One Year

At this point I'm seriously curious as to whether shit will continue to collapse. I don't mean the stock markets.
I mean society. Like to the point where even local governments are token government structures at best. Right now the Federal government to me is all but irrelevant and the state government is only providing some general guidance. The local government is still functioning, but only just. Police protection stops at the town line and even the highway patrol aren't even pulling people over.

It's beginning to look a little mad max. If we begin seeing reports of roving gangs I'm fucking done.

So do you buy long term options and cash out the same day, or wait mid way or more near the expiration?

>>18233842
Any other divvy stocks you’ve had your eye on or happy that you have recently?

Was China lying priced in?

I picked up some calls hoping that tomorrow has a bounce. SPY 200 4/17 is looking more and more possible.

>>18233863
They’re just like more volitile stocks.

If they’re leveraged then you will lose money while holding long term due to leveraged decay, google it.

>>18233897
Does this mean my bank calls will moon tomorrow?

>>18233875

>>18233816
T is EZ money here

>>18233900
I think it depends on where you live
it won't be the same everywhere.
Certainly it will be interesting to watch :3
I'm not concerned at all, you could say I'm a bit enthusiastic to see what will happen, good or bad.

>>18233833
>>18233857
Curious about this situation myself. Direxion, who runs GUSH, recently stood up a bio tech/pharma leveraged fund. Does that mean with all this crazy shit surrounding the oil/energy industry that they could kill GUSH?

In other words, what percentage of your portfolio would you entrust to a long GUSH position. Because depending how far back you go into GUSH's history, a return to prior levels could see anywhere from a 50x - 2000x ROI.

>>18233947
they're flat in AH right now

WHY ARE THERE SO MANY INFECTED ON MY SMG
>GET OUT OF MY THREAD BAT EATING CHINKS!!!!!!!

Thread theme

https://www.youtube.com/watch?v=oIscL-Bjsq4

>>18233962
>but how else am i going to get other people's options money?

AHHHHHHHH FUCK, IT'S NOT DOWN AFTER HOURS, JEROME'S GOING TO FUCK ME IN THE ASS WITH A GREEN DILDO TOMORROW GOD DAMN IT

Where my bullbros at?

Jerome are you ok, Jerome are you ok.

I think the sharp drop period is gone. This has gone on too long to be a bulltrap. Maybe we get a slow burn down for a while but I think the virus is proving to not be nearly as bad as western countries thought, or our preventative measures are actually working

>>18234002
right here, haven't broken a sweat.

/nightwalk/s with a cig are the best

>>18233698
Economics is the only "science" which has not advanced at all since the dawn of recorded history. Funny money based on hopes, dreams and the assurances of government has never worked. Imagine if you were to unearth an urn full of Babylonian government bonds, as opposed to an urn full of gold, and I think you will understand what I'm getting at.

>>18234003
holyshit

>>18233964
0%
Crucially, the concept of a "return to historical levels" isn't a thing with leveraged or inverse ETFs.
It doesn't exist, there is no "historical levels" or "normal" to return to. You have to be able to understand that.

>https://www.nytimes.com/2020/04/01/health/zantac-cancer-fda.html

>The Food and Drug Administration on Wednesday asked companies to stop selling all forms of the heartburn drug Zantac, after concluding that a potential cancer-causing contaminant can build up in the drug when stored for long periods.

>The agency also recommended that consumers who use over-the-counter forms of the drug, also known as ranitidine, stop taking it and that they should dispose of any tablets or liquid that they have. People who take prescription forms of the drug should speak with their doctors about other options before stopping treatment.

>Most manufacturers withdrew their products from the market several months ago, after an outside pharmacy raised the alarm about the drug last year. Large pharmacy chains, including Walgreens, Rite Aid and CVS, had also removed all of the products from their shelves.
uh oh

>>18233996
leverage aint free bro

>>18234002
Made 500% off puts now heading to make 500% off calls

>>18234003
>options without any understanding of what their value actually represents

hope you used lots of margin!

>>18233816
T is gonna cancel their dividend once all the unemployed downgrade their plans. Everyone holding T only holds it for the fat divvy.

>>18233916
I think I’m gonna go into these four pretty hardcore in a day or two then, thank you divvy friend.

BUY Z CKB YA FUCCIN FA66OTS.

LEAVE THIS NULINK BULLSHIT

DEPOSIT IN DAO. NAO.

Can someone please spoon feed one option please?

>>18233129
>The fact of the matter is that they're more experienced in this line of work, and they have a SUCH A LUST FOR REVENGE for people like Jessica.
the FACT IS that we can actually share her full nudes there without the janny getting fancy

https://twitter.com/federalreserve/status/1245452454520590342

JEROME DO SOMETHING. ITS RED TODAY!! PUMP IT PUMP IT!!

i sold at loss
tomorrow will be green then

>>18234081
>>I MUST SUCK SIR GAYS PREMINE COCK
>>I MUST BE KYCD

Noooooooo my HECKIN chainerinos noooooooo

>>18234002
right here, still in the green

Coof coof
37
Coof

>>18234110
>implying bitcoin will have a bull market while billions of people are in quarantine

>>18233930
comfy

>>18234091
you have to be 30+ to be a biz/tard

>>18234130
Oh that makes sense honestly but is it confirmed?

>>18234170

My account isn’t eligible for spreads, because, surprise not enough experience.

>https://www.biorxiv.org/content/10.1101/2020.03.30.015347v1

>We found that SARS-CoV-2 replicates poorly in dogs, pigs, chickens, and ducks, but efficiently in ferrets and cats. We found that the virus transmits in cats via respiratory droplets. Our study provides important insights into the animal reservoirs of SARS-CoV-2 and animal management for COVID-19 control.
OH NO CATBROS AND FERRETBROS WE GOT TOO COCKY

Reminder there's no vaccine for the 4 old coronaviruses already circulating in humans.

Why do people think we will get a vacccine for the new one? It's not going to fade until the vast majority of people are infected, delaying the spread is only prolonging the social and economic harm.

Healthy young people should be having coronavirus parties to purposely spread the virus to increase herd immunity and protect the most vulnerable.

>>18234233
>>18234148
The fed just announced easing of leverage ratio. We are green tomorrow you retarded bears.

>>18234143
How do you need to be spoonfed? Just do spy puts and you cant lose

>>18234257
Men travel more so more men are infected. Death rates are about the same.

i bought spy calls
how retarded am i

>>18234222
>he doesnt know...

>>18234249
>>I can shill you pennyshits that will actually go up
but will they go up sometime in this decade?

I wonder if I should purchase more WEN stock ...

>>18234003
>complaining about 178 dollars
you were financially ruined before you even began

>>18234280
unless the expiry is 2021 or 2022... pretty fuckin retarded

>>18233900
what's your investment strategy for mad max-type scenarios?

>>18234260
WOHOHOHO MAN THAT BULL HOPIUM IS DELICIOUS

FUCK WOMEN

>>18234320
Guns and horses.

>>18234213
just buy the widowmaker and gas yourself
>it'll go up soon, i promise

is CCL a retarded play? it feels like the boomers are gonna buy in

>>18234372
well, I am a chemist with nogunz. Guess i'll stick to being a humble methfarmer for my local raiders

>>18233721
get out kung flu

NOOOOOOOOOOOOOOOOOOOOO

>>18233313
I can't speak for the rest of these but I don't think the insights of mathematics are purely ultra specialized. Studying mathematics causes you to see structures and relationships in everything. The problem is that the field of maths is so extensive that you'll never even start to scratch the surface unless you dedicate your life to studying it. But if you can accept that and lower your expectations for your self, and just pick one small part of it you want to understand, you'll find that whatever it is you choose to pursue in maths will alter the way you see things in a very satisfying way.

>>18233900
I can't wait to defend my home from retarded looter faggots.

>>18234372
gasoline can be stabilized and last longer than that

https://www.marketwatch.com/story/trump-warns-of-heavy-price-if-iran-attacks-us-troops-in-iraq-2020-04-01?mod=home-page

Bullish for oil?

Can someone fill me in on all the green posts and shit? I take 1 day off while on coronacation and you fags change everything.

I'm buying calls on hookers and blow

>>18234535
Bullish for ammunition manufacturers

>>18234530
Not long enough for the apocalypse

But today was a red day guys.

>>18234280
So long as you're selling tomorrow, you're fine. I bought calls to sell at the start of tomorrow no matter if I'm green or red.

flattening the curve is impossible and pointless, especially if reinfections are proven. Let coronachan claim the weak and spare the strong.

>>18234603
https://youtu.be/74gx0v5ZJzw
This one's better

>>18234475
has anyone ordered from amazon lately, is this shit really going to take nearly 2 months or are they just covering their asses by estimating this long

>>18234606
AOBC, RGR, and OLN

>>18234574
>A large part of the human nervous system

>>18234628
Bad time for the money printer to break

>>18234656
Ordered two specialty batteries yesterday and they’re estimated to be here by April 22. Ordered face stuff as well and got here 4 hours ago. I’m also near a large populated area.

am I retarded or are CCL puts at 11 pretty sure? the boomers are going to bail them out absolutely 100%

>>18234692
>not just harvesting uyghur lungs
any companies working on organ printers? Might be a good investment.

>>18232762
No, that's obviously a woman.

I feel fine bros

I don't get it. Am I immune?

>>18234759
fuck how could this happen

>>18234390
Yes, the burried lead under this ethots admittedly really nice smile is that steaking and blockchain interoperability is literally happening this year.

>>18234765
Get to the shitter, stat.

My BA $100 24apr put recovered today but my SPY and QQQ puts expiring friday failed to recover at all. I would need tomorrow and Friday to be 20% drops both days to get in the money. I basically wasted about a grand on those shits. I have a couple SPY puts expiring 24 apr that are holding at about -50%, but I think they'll recover if we keep sliding steadily. We just can't pump and crab repeatedly.

I bought more WES and MRO and put a limit buy order in on PAA at 4.85, I expect that to execute at open tomorrow unless we open well into the green. Overall I'm down about $500 on options overall and my stocks portfolio is down 25%, mainly on PCG and BHC.

Thanks for reading my blog.

>>18234708

Why does everything in this country have to be a war
War on drugs
War on poverty
War on homelessness
and now a war on a fucking virus. We must win this war before it can flank us.

>bought 4/3 CCL $8 calls at the very end
who else /cheeky/

Who SQQQ chad here?

>>18234796
It's a holdover from WW1 and WW2 nationalism propaganda. It worked in the 1900s because so many people were in fact veterans who had in fact deployed and fought wars overseas. It was a metaphor they understood and identified with. It started to fall apart with Vietnam and the negative reaction to that war and completely fell apart as a propagandistic tool with the wars on drugs, poverty, and AIDS. We only haven't updated the language because boomers are fucking stupid and think people still identify with the term. Obama, a millenial, didn't call his healthcare plan a war on healthcare. Next president won't use that kind of language either.

>>18234792
STOP BUYING SHORT TERM OPTIONS YOU NIGGER.

>>18234904
I DID I HAVEN'T BOUGHT ANY MORE
I learned my lesson, believe me. I'm sticking to DCA once I take my profit or loss on the options I still have. I'm way more comfortable staring at a perpetual 25-40% loss on stocks than I am at 99% losses on options.

>>18234743
how do I get the smiley?

what about a war on brrrrrrrrrrrrrrrrrrrr

I came up with a plan.

I hold some positions I'm no longer happy with and want to get rid off. Obviously I'm down right now because of the crash. What do you think of buying even more and then eventually sell when I'm in the green?

>>18234954
fugg

>>18234880
I love the fact that there are people who are stupid as you out there, makes me chuckle.

imagine being dumb enough to get infected in the first place

>>18234708
gimme sirs

>>18234852
Bought 15k of it after the morning pump. I'm ready for the return of bobo.

So bullish market tomorrow or bearish?
Now that Trump declared war?

>>18234998
war machine baby! WAR RUNS ON MONEY, GREEEEEEN

>>18234998
bullish
the market loves movement

>>18235008
based retard

Trump is literally blown the fuck out
virus is uncontrollable...focus on VENEZUELA?!
LOLOLOL

New:
>>18235018
>>18235018
>>18235018

>>18235031
>>18235031
>>18235031
new

>>18235028
Boomers probably will

>>18233761
how are your dividends treating you? Cancelled much? Retard poster.

>>18233698
This pasta needs some seasoning other than salt.

>>18234993
Yeah, that's how it works man. Then I sell when I net a hefty profit during the next bull run. I'm also buying lots of BTC for when that moons. My target is $2M in liquid assets that I'll the invest in safe divvys and bonds (and a little bit of crypto and PM and real estate) to coast the rest of my life on $100k/yr passive income. I hope to hit that goal in the next eleven years at the latest, but hopefully much sooner (depending on BTC mooning).

>>18234863
Obama not millennial numbnut

>>18234297
And then we declare all Treasuries held by China to be irredeemable....