/biz/ - Business & Finance

Someone change the copypasta from JEROME to MBS

I....I fucking did it. I bought the bottom and sold the top. This has never happened before

Based rick santelli going after the Europeans for their weakness

good time to buy athersys? is it about to shitcoin again

>Oil +25%

10 Day SMA and 50 Day SMA might intersect again. Be ready.

You guys were mean to me when I said I was sitting in cash a few months ago.
Who's the retard now :)

Our saviors! True American patriots!

>Mfw this market
It's beautiful isn't it?
It's so fucking crazy and out of touch with reality.
Investors are jumping on every bit of hope and pump the hell out of whatever they're focusing on to try and make a profit or hedge their funds.
Whole thing is like watching a drowning man hang onto a piece of furniture on the Titanic.
It's all going to go down eventually because it's completely unsustainable, but man it's a fun volatile ride down to hell.

OIL BETTER DUMP I WILL NOT HAVE IT SAID THAT I MISSED OUT ON THE BEST BUYING OPPORTUNITY IN RECENT HISTORY

>oil rises while factories are still full and shit keeps getting shutdown
Jesus christ. Trading bots at work

Alright bulls, your little "poomp" is over, now back to business.

>tradingview is struggling to keep up
>my internet has cut out 5 times in the last 2 hours
>something something a certain ethnicity

>>18246902
You, because you missed out on easy money.

I'm selling everything, this BULLSHIT market is out of reality

>Trump literally just went on Twitter and gave me free money

>>18246911
And I don't give a fuck that I made $$ of that pump I want MORE

>>18246882
Good job anon.


When shit doesn't make sense, trust the numbers. Here's a tip to redeem yourselves.

>>18246907
I'm quite sure these lads are about to do absolutely nothing.

>This market
I literally even can not

>>18246911
It was nuts. It’s a surreal feeling to watch your money just get blown sky high

>>18246935
make a trip so we can applaud you when you're right a week from now

>>18246936
What would Mohammad Bin Salman and Vladimir Putin ever do to hurt the American economy?

>>18246926
anime tiddy envy and smugness has to be one of the most patrician thing

>everything is being dragged up by the oil news
>even Microsoft
>even Tesla

>>18246907
Are they meeting today?

NOOOOOOOOO THIS CANT BE
NOOO
I BOUGHT THE TOP

>World shutting down
>Millions of unemployed
>Oil pumps on a FUCKING TWEET about "hope"

I dont know what's real anymore

>>18246955
HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>18246955
>TSLA up because of oil
top kek, fuck this clown world

>>18246935
Would I be stupid to buy SPXS right now

>>18246961
QUICK REVERSE POSITION TO BAIT THE BOGS

They couldn't even agree to 500k barrels cut, what the fuck is he smoking that makes him think they will cut 15 million?

>>18246868
>all it takes is one tweet from our moron of a president about there maybe being a deal between SA and Russia for oil to jump 15%
How do we abolish this sham known as the stock market?

>>18246963
The entire market is running on hope fumes from optimism gas

>>18246955
Good. 6 billion jobless dont matter.

>a single trump tweet rumour liquidates every bear in the market
Was this part of the plan?

>>18246975
wait a bit

>>18246955
more expensive oil makes electric cars cheaper comparatively
bullish

>>18246983
Don't try to fight it, try and make money from it.

>>18246968
that makes sense though
higher oil price = more reason to drive electric

Im laughing like a mad men right now. It all seems so surreal.

Our savior!

>600 trillion unemployed
>pump
no one gives a fuck, it is all about the BRRRR

>>18246986
Million, and it's temporary.
Your shitty retail and restaurant $8/hr jobs will return.

>>18246963
Learn how to actually trade and it'll be fine

>tfw sold USO calls last week
bogged. every. single. time.

>>18246963
sandnogs do not have any choice. they are not only protected by the greatest nation on earth, they are also in permanent danger of arab spring 3.0 initiated by cia.

>6 million niggers unemployed
bullish

>TSLA is still dragged down
It's a lamb to the Slaughter after Q1 hits. It's gonna fucking tank hard.

This must mean our hospitals are no longer overrun and 10 million people are no longer unemployed. ITS OVER. ITS FINALLY OVER

>>18246994
What on earth actually suggests they're gonna actually abide by his deal? There's no way to predict if this is true or that it was ever gonna happen in the first place. It could dump any second.

>>18247012
to do what? demand will dry up. boomers have probably lost 1/4 of their retirement. they're going to hunker down. boomer chains will feel this hard.

Which one wins, 6.6m unemployed or one tweet from orange man.

>>18246882
How much you make?

>artificially inflating the price of oil to keep a couple 100,000 rednecks employed at their shitty oil mine jobs
>instead of just buying it for cheaper from Russia or the Saudis and benefiting the consumers who actually have spending power, we will price gouge consumers for the same of “maintaining an oil and gas industry”

Why are Americans such rednecks

>hahahhahhaahhahahhahaahahahaah

>>18246983
We do it for like 4chan. Let the original continue to keep the plebs busy why all the chads withdraw to the secret and locked high quality version.

>>18247005
What happened with oil to make it pop up?

>>18247039
orange man obviously. nobody cares about facts - HOPE AND DREAMS

>>18247032
there were runours yesterday about a cease on the trade war, now the trump tweet today.

>>18247032
It was just a silly mistake! They had no idea it would bankrupt our entire oil industry! :(

>>18247039
Both are bullish
BUY BUY BUY

>>18247032

>Deal

The fact is that Trump will slap a tariff on imports one way or another. He's indicating that he's had enough of the price war and now they have to make a choice.

So all the emotional investors that migrated here are finally packing up their bags, closing their FOMO stock options, and going back to the boards they came from. I thought they'd be a little bit more patient than that. Guess not.

>>18246983
Honestly this kind of shit should shake confidence in the market like nothing else. A single unpredictable tween can cause a fluctuation large enough to easily get you margin called in a span of 10 minutes. Who the fuck wants to play this game?

>>18247051
please god dump

>>18247057
trump said oil on the computer

Bring me back up please and thanks

>>18247051
>Caring about reality
>2020
No

>>18247045

Do we need to drive around and go on vacations right now retard?

Can't stand the stress of this market anymore. Going all fucking cash. See y'all in the wasteland.

>>18246868
No one has launched any talks about a potential new oil-production deal to replace the OPEC+ format, Dmitry Peskov, press secretary of Russia’s President Vladimir Putin, said on Thursday, hours after U.S. President Donald Trump said that former friends-turned-foes Saudi Arabia and Russia are talking and “I think they’ll to come up with something.”

“No one has started talking about any specific or abstract deals yet,” the Kremlin spokesman Peskov told reporters on Thursday, as carried by Russian news agency TASS.


>OIL UP 30%

>>18247074
i hope you've been shorting canadian food prices

>>18247051
>I now want to sell oil
SHIT SHIT SHIT SHIT SHIT

IM MAKEING MONEY BUT DONT UNDERSTAND HOW!

I I DONT KKNOW WHATS HAPPENING! AAAAAAAAAAAAAAAAAAAAAAAAAAA

>>18247065
Mate I still haven't bought

>>18247051
Who even knows what the fuck is happening anymore? I give up lol

>>18247063
Russia literally doesn’t give a shit if US Shale and Saudi oil is on fire when they coast the low oil prices

>>18247045
>Lmao why produce anything yourselves when you can just trade and be subject to the whim of the country youre trading with
Any non meme country should support their own infrastructure in essential resources like oil, food, lumber, etc. Its a matter of sovereignty and not being forced to behave a certain way by other countries. Moreso if we ever have another real war.

>>18247090
>“[...] one has started talking about [...] specific or abstract deals [...] ” the Kremlin spokesman Peskov told reporters on Thursday, as carried by Russian news agency TASS.
BUY BUY BUY

>>18247033
That's the least boomery thing boomers do.
Theyll see a green day, assume everything is glorious and back to ATH, and spend.

Are we going to see oil dump again if the Saudis and Putin dont hash this out soon. Honestly it doesn't make sense why they would come to an oil peace now. Should I just take my profits and wait for it to dump?

>>18247109

If US shale is protected by a price baseline Russia isn't going to want to burn more of their money in a futile effort. Read a little deeper into the situation, Russia is poor and they aren't doing this for fun, they're doing this for leverage. A bottom is being found.

>>18247065
I am going to hodl for years my friend

>CNBC: Kremlin denies Putin talked to the Saudi prince
my fucking sides, Trump's son-in-law just pumped and dumped

Is there some kind of inverse ETF for oil?

>>18247051
>Oil already going back down

Let's just celebrate the fact that the most likely outcome is oil tariffs that will fuck over Canada more than anyone

>>18247045
Instead of just sending back millions of wortless blacks we keep them and give them gibs.

>>18247032
I think thats it, make money on the hope from the deal before reality sets in. This shit doesn't make any rational sense but over these past 4 years reality makes less sense than fiction

Ahahahahaha CDC just repeated that the Kremlin confirmed Putin and MBS conversation never happened

>>18247153
>market still fucking up

>>18246975
If you still can't read it now, it will retract quite a bit.


>>18246994
This. The only shit that will guarantee to make you lose your money is being so fucking emotional about your trades.

>>18247134
Considering we're getting multiple reports about no actual talks taking place between Putin and the Saudis you can expect oil to tank in a few minutes.

>>18247043
I’m new to trading so I’m just easing in because I lost a lot when I first began, but I made 600+ today realized. That’s huge for me desu

>>18247153
the CDC?
u sure?

>>18247140
TRUMP SHOULD GO TO PRISON NOW.

as easy as that.

>>18247118
Yeah yeah whatever dude. It’s a waste of money to keep a couple thousand blacklung boomers alive. The world is moving away from oil anyway. It’s time to cut our losses and let the sandniggers and snowniggers bargain with their $1 barrels

>>18247141
there's an inverse ETF for almost anything, check out SCO

>>18247141
SCO is the most popular one I think.

I KNEW it was bullshit. You cannot fucking believe anything anymore. The worst part is, oil is probably STILL going to be up 10% today for literally no reason.

I literally just made money on Trump tweeting nonsense

>>18247153
>>18247164
CNBC*

Thank you based Trump for the free oil shekels

red eod

kek bearfags just can't catch a break

Just sold all my USO. Practically a millionaire!

>>18247141
$DRIP

Hello SEC??????? i want to report 1 orange man, thank you

>>18247153
Yet the market is up. These people live in fucking fantasy worlds LMFAO

>>18247165
>democrats were wasting everyones time with a fake impeachment while coronavirus was already spreading across america
>they didnt even try to impeach him for actual crimes
>it failed
oh no no no no no

OIL CONFIRMED TRUMP AND DUMP

Back to your dick flattening, bulls.

>>18247169
>Money is the only thing that matters
You're out of touch

I had a bunch of SPXS and TEC this morning, dumped them seeing as how the market will fucking be green the rest of the week for no good reason. JDST wont move for days. If nothing makes sense it just feels like gambling.

>>18247169
the problem is that they will jack the price up to $90/barrel as soon as they chop our production

>>18247169

Can you imagine if Russia/China/KSA decided to gang up on us in a war and owned all of our oil production? Do you know how WW2 went for Germany? This is why people like you aren't allowed near major leadership positions.

Wouldn't matter how many more nurses and uber drivers "cheap oil" would produce, idiot

Isnt the kind of market manipulation Trump just did illegal?

>>18247153
Wait
It just hit me
Did Trump literally just outright lie to try and pump the market on a bad news day

>>18247137
You’re an idiot the Kremlin is denying it. The US gov just did a classic pump and dump

>>18247137
>Russia already denying there is a deal while Saudi oil industry is collapsing
>futile effort
That’s some nice bullcope

Loading up my oil puts for when the rest of you realize that flim-flam man was just shoveling hype on the twitter.
There is no deal.

Any commodity/FX chads?
Are there any carry trades that aren't correlated to this shitshow market?

>sold at premarket high of AMD after a huge rally
>literally sold the top

WHY IS IT *SO* *FUCKING* *EASY* ???

>>18246868
SPX tracking brent like a shitcoin

>>18246868
HOLY SHIT, OIL IS LARGEST PUMP AND DUMP OF ALL TIME

The Trump and Dump

>>18247200
Where does the money for the Trumbux come from? More government debt? Ffs we alredy have over 20 trillions of debt

Will the airlines recover before June?

Selling XTI right the fuck now, we are going back down to 19 dollars by the end of tomorrow

Pretty much, Oilfags can't think for themselves
Why would Russia and SA come to an agreement that would help the United States? Because Trump called them? Right now they both have the US in a vicegrip because we're in the middle of a full blown crisis.

>>18247163
600+ is good
If your beginning, it's better to start slow. Glad you had a win.

>>18247165
simple as

>>18247207
>>18247206
>>18247211

>muh market manipulation muh SEC please help me

COPE

>>18247229
HAHAHAHHAHAAHAHAHHHAHAHAH

>>18247246
t.Drumpf

>>18247214
>>18247211

This isn't off of news, it's off of speculation. They aren't publicizing why they're doing it, but if you understand the strategic intent it's to KO American shale, which is the worst off of the 3 bigger players involved in this fiasco. Saudi's have like 10 years worth of oil stored up just for an occasion like this and Russia can similarly produce for cheaper than Americans. Don't talk about an industry you know nothing about redditors.

>>18247206
Everything the government does is illegal. It's an illegitimate gangster organization created to subvert and enslave us. Taxation is theft and regulation is violence.

ah fuck i was gonna buy xom this morning but i actually had to do stuff at work so i missed it

>Shorted the oil pump
>Already up 30%

My only regret is I didn't short more

GODDAMNIT JUST CRASH ALREADY AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>18247206
>Illegal
No
>unethical
you don't become a politician if you have ethics

>oil

>>18247252
I'm an oil bull and even I saw this was naked, emperor has no clothes bullshit. There's more pain yet to come and I want to DCA to the bottom.

>>18247206
Yes. You just know he had some hedge fund kikes pleading with him to bump the market up.

TRUMP KEEPS ASKING BIN SALMAN IF HE CAN SUCK HIS DICK MEANWHILE THE REAL ESTATE MARKET WILL COLLAPSE IN 2 WEEKS IF REGULATORS DONT INTERVENE

>>18247206
Only if he had stonks invested and was aware.

Isn't what Trump just did straight up illegal?
Like not ambiguously illegal, lying about something from a political office to manipulate markets kind of illegal
What the actual fuck

Nancy now has something tangibly illegal to impeach him for

People don't like Technical Analysis because it is the Math of Human Psychology.

>>18247206
You would think? Especially if he knew it was bullshit. Its possible one of his moron advisors like Rudy Giuliani told him something wrong or he completely misinterpreted a report given to him. Im not even sure hes capable of both reading and comprehending.

>>18247235
no, they won't even begin to recover if we're being completely honest

most sane countries have extended their local corona policies until june 30, and the US will end up doing that as well. They're just doing it in phases of 2 weeks to stop Americans from getting too antsy. Only after those restrictions are lifted can we seriously consider opening up air travel - and even THEN you'll have a big fear factor where people won't want to fly anyways due to corona.

Note that there will be a second wave of corona as well (already starting in Asia).

>>18247258
>Saudis have to have oil prices at 80$ to break even
>meanwhile IMF admitted their economy is crap and is going to shit within a decade
>Y-YOU KNOW NOTHING!!1

>>18247258
so we got a 30% pump off speculative news that hasn't come out?

It was the tweet you mong

>>18247274
make sure to buy REITs and mortgage ETFs before the next Trump tweet
you know how this goes

Oil bulls forgive me for I am weak and took my profits by closing all of my positions except for Hal, SLB, and PSX. Do you think I messed up and should have hold or is the bottom coming in two weeks?

>>18247283

>>18247268
Pumb et

>>18246868
>oil cheap
>china wanna buy low for strategic reserves
>trump tweets spiking oil price
kek

>>18246930
Why is RDS not pumping to 19 at least?

There's been only 1 shale bankruptcy so far, why the fuck would Putin or the Saudis stop now?

>all this GREEN
Disgusting, I want blood red

>muh unemployement
Imagine being unemployed and broke from the market.

>MRNA mooning
I told you faggots that being the company with the literal vaccine to the modern day black plague was a profitable play.

>>18247283
Nobody has prosecuted a poloitician for lying in about 30 years in the west. They get away with it every single time

>>18247235
Doubt it. I'm expecting Air Canada to drop back down to $1 like it was in 2012.

>>18247204
And by that time we won’t even need oil. The only people who lose are the boomers and the Saudis holding the bag (that no one wants to buy).

>>18247205
>Russia
>China
>KSA

Three countries with vastly different geopolitical interests aren’t going to gang up on you, boomer. Americans will just slide into irrelevancy like the UK. Is that so bad?

“Muh oil production” — it’s worthless anyway. That’s the point Putin is trying to make

Oil is over $25! That was the cure all along! COVID-19 is no more, we did it bullbros!

Plague boat bookings are up for 2021.
Sentiment isn't breaking.
We go green for any reason. ANY REASON

>>18247319
I can't imagine either of those things

>>18247327
>by that time we won't even need oil.
you mean two or three years from now?
lol

what did they mean by this?

>>18247297
They're taking a short term loss because it is more advantageous to knock out American shale via the combined effect of the price war and lack of demand due to the virus. Shale companies were already in the shitter to begin with, and alternative energy has been cutting into their profits the last couple of years. The day of 80 dollar barrels are over.

You absolute fucking retard.

>>18247316
I'm with you mate I wanted dead cat bounce, where the fuck is it.

>>18247094
I just sold when it drops by the end of the day il re buy and rise and repeat

WHEAT COMMODITY
HIGH YIELD BONDS
THE FUNDAMENTALS
TECH STOCKS
GOLD
THE FUNDAMENTALS
BRENT CRUDE
REAL ESTATE
THE FUNDAMENTALS
SILVER
EXXONMOBIL
THE FUNDAMENTALS
MCDONALDS
THE FUNDAMENTALS!!
COCA COLA
THE FUNDAMENTALS!!!
THE FUNDAMENTALS!!!

>>18246963

Decoupled from reality. We are in peak clown world

Imagine not buying XOM yesterday.

>>18247242
They are brain dead from huffing too many oil fumes clearly. Anything to keep their oil megacorps alive

>>18247321
it will crater the day before the FDA announces they are clearing a different company's vaccine because all the inside traders got the tip early

>>18247341
what am I looking at

>>18247134
Sell now that you have profits don't get greedy

>>18247327

>Vastly different geopolitical interests

And yet they overlap on one: contempt for the United States and her global hegemony. Again, glad you aren't anywhere near the Pentagon, the world is just an endless cycle of tension and realpolitik and your complacency is borne out of modern Western naivete and comfort.

>>18247329
I made back all my loses from yesterday. I knew they'd pump the jobs report exactly like last week and then came the Trump tweet.

>Just learned cash covered puts and calls
>been investing for years and didn't know someone will give me free money to either not do anything or be wrong about a good buy in price, which is what I do half the time anyways

>>18247342
If that was the case then Saudi Arabia wouldn’t be a fucking retard and start an oil price war while pissing off America

market is definitely ending today negative right? we are halfway through trading day and only up 1.6%

>could only buy 2x oil bears since 3x and up got wiped
Surreal

>>18247356
Yeah alright anonymous.

>orange man lied about oil

>>18247346
fundamentals are shit, price action and volume over time are the only things that matter when making trading decisions.

>>18247300

Yes, it was a 20-30% baby pump off of speculation and a short squeeze. Learn how the market works, this shit is beyond oversold and the slightest thing can cause a day's rally. Zoom out

>Bank still did not liquidate their oil certs
>Were 0.014 right now
>Bought 10k (ten thousand)
>Were 0.2 at 22$
If oil drops even two dollars today or tomorrow I will walk away with a fucking twentybagger
Worst case I lose 150€

pamp it pamp it !
pamp the oil !

Who here HODLing short stocks like a retard? If tomorrow is up it's ogre. I thought at worst it would crab today

>>18247363
>we are saudi arabia's entire army and defense program
>theyre going to squeeze us and create geopolitical tension beyond some little trade spat
ok dude

>>18246908
i think it's disgusting how they desperately cling to hope

>>18247363
>KSA
>contempt for the United States and her global hegemony
Wahhabis are our welfare queens because if we cut them out they’d collapse in a week and get curb stomped by Iran

>>18247289
Funny thing is she has done the exact same thing.

Anyone else buying sco after this news?

>>18247363
Well actually Full disclaimer, I’m Russian and can’t wait to see America collapse and fade out

>>18247327
How? How do you even fucking breathe?

>>18246907
Nothing is going to happen. It was anotjer Trump lie for a temporary pump.

Did you all not learn anything from the trade war

>>18247363
>thinking the Pentagon isn't the one instigating all that tension
O my sweaty summer anon

>>18247370
Writing options is how big boys make money. The problem is good strikes for CSP and CCs are sometimes illiquid unless you're very patient or the stock is very popular

>>18247387
me, fucking me. Pump to 2700, i don't give a shit, we're more likely to see 2300 than 2700, my fucking AAAAAAASSSSSSSSSSSSSSSSSSS

>>18247379
i'm absolutely right, there are a hundred companies working on this shit and the only reason MRNA is rising is FOMO retailers buying the news. it's a total gamble, you have NO idea which of these companies is going to get the nod from the FDA, but all the big boys will get the phone call hours in advance.

>>18247382
But they are memevestors anon, that's something totally different.

Noob question here, is the fact that the short etfs like sqqq are leveraged mean that their gains in a bear market outpace normal stocks losses? So for example if I only have 10% in sqqq and the rest in cyclical stocks and the market turns down will the gains on it make up for more than 10% of my losses? Is that how hedging works?

>>18246963
Clear opportunism.
There is no need in oil anyway right when only China can produce things(if it really can)
It may stay at 30-35, but not bigger than that, consdiering there is still no one needs it.

>>18247396

These are the niggers who harbored and trained the 9/11 bombers retard. Make no mistake, it's an "alliance" of convenience and they are seething that we don't just let them run train on all of their neighbors.

>>18247362
I hope so sold every oil thing that I had green, except for PSX which im down -20 bucks. I hope that this is a false pump by trump and it comes crashing back down.

Why are the markets up?

Bottom will be on April 15.

>>18247308
Not this retarded meme again. All the oil tanks in China store oil that only last for days

>He believe orange man

>baggie was shilling this stuff weeks ago
lmao

>>18247384
nice
this is some weird european instrument that you're talking about?

>>18247051
Extremely bullish. Expecting oil to surge on this news.

>>18247398
i bought a little just now

Damn I realized I shorted xom, but not CVX. Fuck now it is going down.

>>18247423
trump said thing

Spy is about to go down. Incase anyone was wondering

>>18247402
wow rude
let's be friends instead :D

>>18247300
About 10% of the gain from earlier part of the day was from China building up its oil reserve

>>18247412
They've partnered with Johnson and Johnson and Merck. Fauci just said their vaccine was a game changer yesterday. Even compared to the other companies working on a vaccine, MRNA never rose as much in a pump and dump style as those did. In fact, we're only starting the run up.

>>18247423
Because people like making money and having things to spend it on.

>>18247431
Normal factor cert
Usually the banks liquidate them around that level to ensure that noone can profit off these tiny jumps in price.

This is a fucking classic case of "buy the rumour, sell the news"

Trump spreads rumour of oil deal, stocks pump, news orgs report it was bullshit, stocks dump.

>>18247371
America isn't going to give them money for keeping them in the market, and the Saudis are too much of an important counterbalance to Iran and their only real major Arab ally in the Middle East that the United States can't get rid of them easily.

So tell me what would benefit the Saudis, who obviously know that their economy is going to the shitter if they keep up the old ways. Pissing off America in the short term in order to knock them out of the Oil Economy and squeeze as much out from oil before the world completely moves away from it, or keep America in while diminishing potential cash reserves for that event?

>>18247419
Saudi is hilariously failing at fighting Rebels in the poorest country of MENA. They’re utterly useless and have failed at everything they’ve tried for the last decade.

>>18247388

The fuck we are retard. They're the strongest power in the middle east.

https://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures

And they've been chomping at the bit for an opportunity to become a real regional power in their area. Were a convenient situation to arise, in a moment of weakness for the USA, and an offer from Russia and China? Could happen. Strategy involves foresight, not resting on your laurels and pretending anyone is a friend here.

>>18247429
They didn't say it failed, the study was inconclusive because they only tested 15 people on chloroquine and 15 on generic antivirals

>>18247458
They're losing a war to fucking YEMEN

>>18247442
>mfw it's going right back to 244

>>18247118
Then it should be nationalized and tariffed, trying to manipulate global prices just to prop up your uncompetitive oil industry is retarded and more expensive than the alternative

>>18247387
Depends on your exposure. Week - Month trend is bearish but that shouldn't stop you from riding the waves. It's just a matter of how long do can you afford to hold unto shit.

>>18247446
Shit feels good to buy MRNA, MRK and ABT in during the dip

the golden bull run starts NOW

What's with Marriott shitting the bed?

I shorted the bottom last week and I just went long. So go short i guess anons.

>>18247464
>>18247456

Citation needed. It isn't Saudi weddings that are getting obliterated and Saudis being driven into the hills.

>>18247433
Same, gonna sell it at end of the day though, who knows what might happen.

Reminder that 10 million people are unemployed in last 2 weeks. More than the great depression. Yet stock valuation are at 2017 levels and are actually green on this news. Fuck this corrupted market. Can't wait to watch it burn. You can only ignore reality for so long.

>>18247479
thank you for letting us know. What is your stop loss?

>>18247483
yeah its priced in though

>>18247388
this is why teh only thing that makes sense is we asked the saudis to do this. who makes the bulk of their money from oil?

-russia
-venezuela
-iran

really makes you think

>>18247464
To be fair America lost a war to Vietnam, it's the general clout that matters.

>>18247458
are you joking? do you know anything about saudi entanglement with the american MIC? we are the sole guarantor of the security of their oil fields. do you know who works the oil fields? SHIA PEASANTS. do you know why they haven't revolted? SAUDI GIBS AND AMERICAN TANKS. get a clue.

>>18247456
That is their "usefulness of uselessness".

>>18247483
Its priced in mate, we are back to normal in a few weeks when everyone gets their job back. This is only a temporary thing and its not even due to faults in the financial markets. If the virus wouldnt have hit, we would be at 35k on the dow

>>18247469

A slight tariff to maintain something of a national baseline of production is not at all as expensive and cost intensive as a fully nationalized and micromanaged industry... it's the moderate option. And its been the modus operandi of capitalist nations for centuries now, this new dogma of "free trade everything" is new kike shit.

>>18247428
>"Fuck man, this wasn't suppose to get leaked until our positions were filled. DENY IT!"

>>18247483
It's because most normalfaggots in 2020 are redundant. There needs to be a great culling, I'm sick of these parasites acting as though they're entitled to life.

>>18247479
You can still pivot short and make bank. If you think we're out of the woods yet you're delusional.

No oil deal in sight, only pain and bankruptcies await.

shorting SBUX

>>18247499
Vietnam isn't literally right next door to the US

>>18247483
we have like 1239817598127931283 times as many people as back then too

>>18247480
>committing war crimes, failing to take even the Northern center of Rebels, is now losing territory for staging point of taking Sana’a, has Houthis take their own territory
>B-BUT THEY BLEW UP THOSE CHILDREN S-SEE KSA STRONK
lmaooooooo

>>18247449
i bought SCO at the peak of the oil pump and now im making money as oil deflates

>>18247483
its priced in, retard doomer. the economy is literally fine, we are going to hit a new ATH by May.

>>18247510
why

>>18247480
>citation needed that KSA are losing to Yemeni rebels
This is the guy lecturing you about global affairs, lol.

>>18247482
yeah. i might hold until tmrw morning so i dont burn one of my day trades for the week. i have under 25k in this account

>>18247516
>thinking this shit will be over by may

>>18247383
>oversold
Lmao ok boomer.

>>18247519
got up on the LK coffee news, I checked the sentiment in chinese internet, they dont give a fuck and still will be buying coffee from them

>>18247516
The algos are about to kick you in the face

>>18247429
>>18247429
bullish for ATHX stem treatment. if you cant kill the virus you can at least make it possible to breathe. different way of solving the same problem

>>18247500

I'm not denying their "entanglement", I'm denying your denial of their patent ability to fund and maintain a massive military on their own merits should they choose to, as well as their natural contempt for America and American society. This is an alliance of pure convenience and you people are acting like they're our friend who would never backstab us in a moment of opportunity. They're fucking a major portion of our economy over, DELIBERATELY, as we speak.

>>18247382
What are your fav indicators for monitoring that?

>>18247234
>More government debt
Yes. We're going to run a 5T deficit this year

>>18247406
My biggest problem right now is I am only willing to put 3k in the market, so I am having a hard time finding stocks I both like and wouldn't mind being forced to own, but are also in a low price range. As long as USO doesn't go to 4.50 by tomorrow, I get a free 100 dollars. I also like these weekly holds. I make my decision in the week and now I don't have to refresh my charts every three seconds, just see how it plays out.

>>18247508
No money left to short now. Did a few calls and im done.

>>18247483
How much have you lost aside from your job, wagie?

>>18247514
Fucking same, should have bought more though. Didn't want to risk it. I got 500$ worth, how much did you get?

>imagine being a (((twitter))) employee
>seeing trumps tweets seconds before everyone else
instant-billionaire.

>>18247529
also 6mln unemployed, who the fuck will buy overpriced coffee?

>>18247516
>It's literally fine.
Nah mate shits fucked.
Cunts just don't know what to do.

>>18247529
Why wouldn't you just long LK then?
If their internal investigation revealed fraud, maybe it was just a ploy to drop their stock price 80% and buy shares back

>>18247523

>>18247503
MEGACOPE

>>18247529
US investors are subsidizing Chinese coffee, no shit they will still be buying.

LOL put Oil short x2 at +20%. That was the biggest leverage that was available... other options closed.

Soon people will realize there is no fucking deal. Just Trump having wishful thinking.

>>18247545
nah it was announced on CNBC about 1 minute before the tweet, and price started to run up by at least 5%

>>18247475
I assumed something to do with the data breaches and class actions surrounding such

https://www.cbc.ca/news/business/marriott-data-breach-worldwide-1.5516652

>>18247516
If the fed would stop pumping america would become the second nikkei. So they will never stop pumping over jerome's dead rotting body

>he bought oil off the back of a random spike from a trump tweet

a billion squillion stockpiled barrels weigh on your gains

Following the orange man on Twitter is a valid day trading strategy, what a time to be alive.

>>18247527
>>18247530
lol, youre just bitter because the happening you want so bad isnt going to happen. your life sucks and you want everything to collapse because in your fantasy world you will somehow end up on top because you were "prepared". Lmao sorry doomers the current winners are just gonna keep on winning. Im literally sitting around smoking weed all day and making thousands, because Im not dumb enough to try and short Trump's economy....

>>18247555
checked and cope pilled

>>18247558
Are you me? They fucking closed the market for it.

Nordnet?

>>18247544
only about 300$. ultimately i'm long on oil but waiting to buy bigger positions for big oil companies.

not trying to gamble too much $$ on these leveraged ETFs right now

>>18247532
Dude, KSA literally relies on us from them to avoid complete and utter collapse. Their economy is a joke that relies on high oil prices to fund a failing war, their support for Jihadists have (literally) blown up in their face since Iran has now taken shop in nominal Arab territory, they've been doing their hardest at alienating their own allies like Qatar because their Crown Prince is an inbred retard who unironically thinks he's the next India.

Israel may own our shit, but we could crush Saudi Arabia like an ant if we want to, because we have leverage over them.

>>18247513

You're probably the same kind of nigger that thinks the US "lost" the Iraq War

>>18247559
>CNBC
CNBC source is the fucking same tweet.

If Trump does not know how big the cut will be, lemme tell you a secret: THERE IS NO DEAL

and you know what I don't doubt MBS killed Khashoggi to see how much bullshit KSA could get away with without spurring American action, which is why they were probably emboldened to get into a price war in agreement with Russia as soon as the moment was right.

Trump has lost power in the international stage.

>>18247537
Put a collar on your credit. For example if you sell a CSP on stock XYZ with a strike of $100, you would need $10,000 of liquidity to secure the put. If you only have $3k in liquidity, selling the strike at $100 and buying the strike at $70 would require exactly $3,000 in liquidity. Your gains will be reduce, but now you can enter the position and it now has limited downside.

>>18247551
my sources are telling me that they generate no profit
>investing in chinks (see pic related)

>>18247584
In some wars, nobody wins

>>18247558
>Gov just writing blank checks everywhere
>they can randomly decide to bail out oil companies and buy a gazillion barrels for the strategic oil reserve
bruh use your economic imagination

-3% EOD

>>18247581
we could annex KSA oil fields in one day, and MBS knows it

>>18247584
>turning an Anti-Iranian former CIA asset into a Pro-Iranian IRGC asset
lol

>>18246868
>10m unemployed last 2 weeks
>numbers ramping up
>China, country who best shut it down, revealed to have just lied
>hundreds of thousands of deaths minimum
>green line go up
>mfw

>>18247580
Very true. Who know what will happen in this clown market.

>>18247585
this
Trump is trying to buy more time

>>18247584
America lost in Korea and Vietnam, the myth of freedomburger martial prowess is entirely based on Russia carrying them in WW2.

>>18247597
DON'T LIE TO ME BOBO I REALLY NEED TODAY TO BE RED

>>18247590
went long luckin at around $4, already made close to 100% roi today. china is the future baby

>>18247532
I don't think even the most naive chucklefuck is under any illusion to what the home of Wahhabi Islam really thinks about us. We know it's about oil. Any conversation about our Saudi "friends" is in reference to that alliance of convenience.

>>18247572
>Im literally sitting around smoking weed, pretending to make money and praying to my Trump altar
Don't tell anyone they're a loser anon

>>18247590
at no point were they presenting profitable financial statements you pearl brain

>>18247581

>has like $20T saved up in a rainy day fund
>literally the most rich out of their ears country on the planet
>are currently using that vast storage of wealth to murder a major American industry for fun
>DEWD THEY RELY ON US!!

Sure thing man. Done with this conversation honestly. I trust Trump to protect the least amount of American industry.

>>18247572
>this level of delusion
imagine actually betting against a pandemic

imagine being a bearfag

>>18247609
American military was inferior to Germany, but still superior to USSR. We would have whooped their asses if we didnt have a commie president and the public wasnt war fatigued

Tfw Oil Baron

>paijeet patel
no wonder they've been keeping him off the air

>>18247624
Imagine knowing nothing about finance or economics

>>18247389
Same. I've never liked how people live in this fantasy bubble of bullshit, but at least until a few months ago I could understand it somewhat because everything SEEMED okay.
Now we know everything is NOT fine, yet still STUPID FUCKING NIGGERFAGGOT CUNTS spread lies about how it's not a big deal, this is just a temporary setback, etc.
No, you stupid FUCKING FAGGOTS, a PANDEMIC that, in the most rosy of rosy outlooks kills 100,000 people in 2 months with tens of millions unemployed IS NOT A MINOR FUCKING SETBACK.

I want this country dead. I want its "people" dead. I want the western faggot fucking world DEAD. I WANT MUDSHITS DEAD. I WANT STUPID FUCKING NIGGERS AND BEANERS FUCKING DEAD GOD DAMN IT I HATE HOW FUCKING FAGGY AND RETARDED AND COMPLACENT WE ALL ARE. WHY IS NORTH KOREA THE ONLY COUNTRY DOING ANYTHING FUCKING RIGHT?
The fact that NK has no infections while Yurop and America get pozzed to fucking nigger fucking shit hell proves beyond a reasonable doubt that we deserve to die. We had a good run, and now we're fucking faggots who are is a constant state of delusional optimism. I'm so FUCKING tired of the optimism. SOMETIMES THINGS ARE JUST BAD YOU FUCKING FAGGOTS. SOMETIMES LIFE IS FUCKING SHIT. YOUR life is going to be FUCKING SHIT. People as a whole in the west have had it too good for too fucking long. I want to see a third of the US population dead. Then and only then will these fucking cunts learn what it's truly like to live in the real fucking world.

>>18247617
>>18247611
你好五毛

>>18247533
i like the chaikinosc a lot (macd of the a/d line). i use it with an 8/21 setting and put a moving average of the indicator on it. it basically measures the momentum of buying or selling pressure. other than that you just use 2 EMA's to determine trend direction and places of value to buy or short at.

>>18247611
>Trusting in government that manipulated the market more than the americans.
Not now not ever.

>>18247537
Learn basics of fundamentals and technicals then use a stock screener. Always have a plan with an entry, cutloss and exit. Never break that plan.

>>18247632
imagine believing in gambling pseudoscience

>>18247638
>PRK
>No infections
>Begging for medical supplies in backchannels

last chance to buy your bear ETFs

>>18247585
before the tweet, one of the CNBC correspondents came on and said "I just got off the phone with president trump, he told me..." and then said all the things that trump was going to tweet. It was one or two minutes before the tweet came out.

so free money if you're watching CNBC with fast fingers

>>18247614

That's the entire basis of this conversation friendo. That in a moment of greed and opportunity they could in fact turn on us with help from the other two rogue global powers.

>>18247616
stay in your lane, poorfag. Obviously you wouldnt be impotently bitching on an image board if you werent in a bad mood from losing money all week. Theres still time to get in on the greatest bull run in the history of the world, anon

>>18247638
Based.

all bears are actually intelligent bulls, nobody wants or expects market to go to 0, they just want cheap shares and a non retarded market

>tfw all-in oil short 2x leveraged

>>18247529
>got up on the LK coffee news, I checked the sentiment in chinese internet, they dont give a fuck and still will be buying coffee from them
That doesn't equal to they would stop buying from Starbucks
And why would you expect consumer behavior to change after financial fraud of a company is revealed in a country full of them

>>18247609
check the K:D ratios nerd, russia won the war because of american lend-lease and forcing a second front, also because hitler didn't take the oil fields in baku

>>18247666
did you do it before or after the tweet

>>18247657
I shorted Trumps economy and made thousands. I'd love to hear your logic on why its going to rocket though

>>18247581
You are delusional, boomer

>>18247609
america won in vietnam and korea

>>18247070
Not this guy; but it sure is fun watching the show.

Shell literally down from before the pump

Ok but seriously what the actual fuck?
Trump tweeted out he spoke to the kremlin, then the kremlin outright denies that this ever happened.

How is that fucking legal?

>>18247422
Take a look xom is already at 40 yeet base Trump just gave me more money than his trumbux I'm sooooo fucking happy anon

>>18247648
Why does every anime girl poster know absolutely fucking nothing about any other subject they talk about?

ALL IN on USO puts. LETS GO

>>18247682
i shorted the drop as well. but thats over bro. only up from here. its called the printing press. literally infinite money. do you understand? INFINITE MONEY

Whole point of this operation was to burn the short sellers. There were too many of them after talk on "negative oil prices"

DAX dropping again, DOW already on the way down.

>>18247618
>failing at invading Yemen, relying on us to save their sorry ass from total withdrawal
>failing at stopping Iran, relying on us to protect their sorry ass from losing their dumb proxy war
>failing at reforming their own economy, relying on us to buy their jacked up oil
>has so much money and oil, still rely on us to prop up their shitty government

Banana Republic on steroids, we can sanction them tomorrow if they really want to kill our US Shale

>>18247606
yeah. i got my ass handed to me holding SPXS last week. all the news was terrible but the markets were way green for a couple of days and i got rekt. learned my goddamn lesson though

>>18247681
Like 15 minutes ago, we're going back to $20/barrel EOD

>>18247670
jesus....... I mean the starbucks got +4% on the LK plumeting news (because its their competitor in China)
I AM BETTING THAT PUMP WAS FAKE
I dont care what happens to LK

I told everyone GUSHers will be GUSHing cum from their cocks, no one believed me.

I hope you are GUSHing away, GUSHers.

>>18247638

>>18247640
怎么样啊

>>18247692
When / Where did the Kremlin deny

>>18247704
based

>>18247705
I was buying Spy puts all the way up retard, you can DCA into bearish positions too.

>>18247721
GUSH is about to decrease to 2x leverage

>>18247666
>2x
go at least 10

>>18247716
coffee/lounge culture is unreal in the east. it's actually potentially very bullish. not considering the second outbreak and all, yaknow.

>>18247716
you are right. starbucks should be going down nobody is out buying coffee nobody is working

>>18247713
I duno. i got some SCO (2x bear) after the tweet pumped oil 10-20% and CNBC reported the tweet as fake news. oil should deflate back down today but who knows. it's crabbing right now

>>18247692
>How is that fucking legal?
who cares? you want to sue POTUS? go on, do it.

>>18247638
NK doesn’t have any infections because they literally killed every person with infection via shotgun and burned the bodies

>>18247713
Yikes.

>>18247740
That's all I had access to.

>>18247648
Based

>>18247070
That means you're using to much leverage you absolute brainlet.
Have fun getting wiped out in the noise.

bagholding 4/3 puts gang check in

>>18247648
>printing money, debt, velocity have no consequences
okay retard lol

>>18247707
>Sanction them tomorrow
>No major Arab ally in the middle east except for Turkey
>Except the Arab world as a whole hates Turkey
>Israel is our only ally
>Back to the chaos of the 60's and 70's we go
Thank god your just an autist on /biz/ and don't actually have actual policy making abilities

I'm simultaneously shorting and DCAing oil Dump this price

Guys it hasnt even really went up the s&p went up by like1.25% after dropping over 20% its still extremely low. Everyones freaking out like its recovered everything.

>>18247772
If last 2 weeks indicate anything, it really doesn't.

>>18247765
mine are dead, not expecting anything but a major loss

>>18247774
>the rare bullbear
Holy based. Absolutely bearbullish.

>>18247666
Same. I'm all in.

>bernie the cuck cries about how america should be like norway for 30 years
>trump is going to pass more socialist legislation in 3 months than bernie has in a lifetime
My fucking sides, is Trump going to win again by pivoting left? Somebody probably told him FDR won four terms giving people free shit and free jobs.

>>18247750
>>18247692
Lawyer here. It is legal for him to do it because he could argue he is not *trying* to affect the markets by fibbing/lying, but his own re-election chances. As long as he doesn’t buy or sell any stocks it is okay for him to tweet whatever he wants about any company he wants.

>>18247773
>No major Arab ally in the middle east except for Turkey
I'm geopolitically uneducated, but I am aware that we have to bail the Saudis out against the Houthis apparently and that Saudis fund terrorists. Also they are trying to assassinate US Shale. What do they do to warrant being our allies? What are they helping?

>>18247773
>No major Arab ally in the middle east except for Turkey
KSA deciding to jump ship with the US alliance by crashing oil with no survivors means that they shouldn't be treated like an ally in the first place. Why shouldn't they be sanctioned?

>>18247813
Keeping Iran at bay mainly.

>>18247772
it has the consequence of making me money

>>18247805
>government spending is socialism
laughing at your facebook tier political analysis

Puts on USO?

>>18247773
>what is Egypt, UAE, Kuwait, Qatar, Bahrain, Jordan
yikes

Why does everyone call Trump a liar when he was the one lied to? This is little kid thinking levels of desperation.
>Orange man BAD!!!!

>>18247666
SCO?

>>18247752
That's what we should have done.

>>18247815
They fucking funded AlQaeda via dark money and they're still our allies now. Its because if we don't if don't have a counterbalance to Iran as >>18247819
said.

>>18247842
new
>>18247842
new
>>18247842
new
>>18247842
new
>>18247842
new
>>18247842
new
>>18247842
new
>>18247842
new

oil is a good buy either way, deal or not. becuase Trump and the govt wont let our oil companies fail. so at worst, they will get bailouts or subsidies or gov contracts. at best, the russians and saudis make deal and oil prices go up. either way the US oil companies are a good buy their prices will never go much lower than these days

>>18247805
Very late opinion

>>18247838
>chinese numbers are obviously manipulated and fake
>north korea is transparent
ok lel

So is XOM going down ?

Trump likely blabbed about a real meeting that the other parties didn't want to acknowledge.

>>18247570
Imagine telling someone in 2000 what kind of clown world we live in right now

>>18247721
>direxion

>>18247833
Orange man is bad because he's a retard who can't manage pandemics and is only good for the financial sector during non-crises, China has nothing to do with him tanking stocks every time he opens his mouth.

>>18247832
>Egypt
Egypt isn't a big power anymore, especially one that can stand against Iran
>All the other ones
>Useless countries that couldn't fight Iran
The only reason we are still buddies with KSA is the fact that they're the biggest power able to counteract Iran's influence in the region and keep it limited to Iraq.

>>18247811
based russian lawyer fren. what city?

>>18247805
10D chess
>Get on Democrat ticket
>Beat Sanders through meme magic
>Democrats seethe in November when voting for Trump or Trump

>>18247878
they're the biggest power
>fucks up war in Yemen
able to counteract
>got cucked in Syria
Iran's influence
>kicks out Qatar
in the region
>gets their oil plants blown up Iran

>>18247296
interesting. didn't know that.
do u have more info on this?

>>18247867
>a retard who can't manage pandemics
Where is the evidence of this? Even liberal faggots were saying to go out and enjoy the chinese new year celebration and ignore the pandemic.

>>18247765
good luck finding a buyer retard

>>18247833
Plus it's Trump's word vs Putin's.
>Putin Bad
>But Orange man really badder

>>18247975
So far Trumps actually handled it better, if it were obama I’d doubt we’d be any better off

>>18247426
where i can i find this info?
can't find any articles that mention it.

>>18247845
Except they can't even do that right because they're losing their proxy war with Iran at the same time as the US is ceding Iraq and Afghanistan to Iranian control. KSA isn't doing shit and it's time for the special treatment to end.

>>18248039
The "drumpf is fucking up the response" talking point is the height of irony considering his whole schtick was increasing border controls to prevent shit like this.

>>18248175
Also the fact that he warned the US electorate that China is a threat while Sleep Tor"pedo" Joe said that they were good people and his travel ban was "racist".

>>18248175
1. Airport security in America have been so flawed that it cannot filter all travellers who have been to China recently
2. He did nothing beyond that

>>18248206
>Implying the opinion that China is a threat wasn't around and already bipartisan before Trump
>Implying Trump's casual racism against Chinese people had to do with Corona even before Corona existed (somehow)
>Implying Trump's travel ban would have somehow stopped the spread of Corona despite experts saying otherwise
>Implying the countries Trump chose to be a part of his travel ban were based on anything but crazy Boomer perception, which is a good 70% racism and 30% flawed understanding of world affairs

>>18247858
Holding at 40 but by 3 it should be back to 38 maybe 37

Do I sell XOM and SU now at a light profit and buy back in at the end of the day?

>>18248397
The opinion is bipartisan but Biden doesn't hold such opinion
Imagine thinking the term Chinese virus is racism
Trump's travel ban would have worked if it was implemented on January 10 instead and together with EU, UK and Canada
Those "flawed understanding of world affairs are still more accurate than establishment understanding despite being deeply flawed

Bros will we see oil and oil related industries go back down when people realize that the deal isn't going to happen at least not yet?

Sold $USO calls into $GLD calls now into $SLV calls.