/biz/ - Business & Finance

BOJO rhymes with BOBO... coincidence? I THINK NOT

i give up bear bros. we've tried for a month to demonstrate solid fundamentals but they have repeatedly been turned upside down by unlimited jerome. every time we made the "correct" picks, the stocks went the opposite direction.

bad news? bullish. good news? bearish. it's completely fucked. boeing plant shuts down?
stock soars 9%. 6m unemployment? dow jones gains 5%. i give up. they've beaten me into submission... i have no choice buy to just by SPY and hold like a good goy... maybe some vanguard low cost index funds... check on my 401k...

we have no choice but to just buy normie stocks and accept standard gains... i give up and i just bought FB... i am a bull now....

now this how you make thread

volume on those bear etfs was crazy high today, bobo selling his bag in a big way

>>18320736
imagine being short both in life and the market lmao

Anyone else open shorts right before close?

+7% everywhere

SPY 270

>>18320768
>>18320774
Big bearish reversal signals

>>18320747
>>18320763
>>18320766
enjoy your bags

>>18320768
>"correct" picks
>By holding SQQQ

happening postponed till September, don't fight the market till then

>>18320783
SQQQ calls baby

>>18320768
Extremely bearish.
Looks like I made the right call.

>>18320791
it's got to come back down tomorrow right? r-right??

>>18320753
Mmmmm, honey mustard snyder's... One day I'll actually try them, if I do I'll actually buy CPB
>>18320754
nice n reckless, I'm proud of u

>>18320783
me kek

>>18320767
in all seriousness boris will be fine. just look at all the photos posted online of him jogging, biking, working out etc. he is obviously a fit person with a healthy lifestyle/habits.

>today was just a taste for whats to come EOM

>>18320768
incredibly bearish

DOW up 8% today. Are we in a bull market again?

>>18320768
I mean I can't really dispute that anymore.
The market ONLY goes up apparently (until it crashes from a system wide failure)

>>18320791
agreed. better take profits tomorrow

>UK FOREIGN SECRETARY DOMINIC RAAB SAYS "THERE IS AN INCREDIBLY STRONG TEAM SPIRIT BEHIND THE PRIME MINISTER AND WE'RE MAKING SURE THAT WE GET ALL THE PLANS HE HAS INSTRUCTED US TO DELIVER IMPLEMENTED AS SOON AS POSSIBLE"- SKY

Oh man his death is already a forgone conclusion

>>18320721
>not satisfied for C, most of the other banks look the be touching it huh?
ya pretty much
Buy JJSF SYY I think is the switch

>>18320768
>bear capit
OH NO NO NO BULL BROS

>>18320768
Patience, brother bear. We're just in a big titty anime schoolgirl market right now. It only looks like it'll bounce forever.

>>18320783
I'm holding bags for smallcap shorts so typically yes. Russell has to go below 1120 for me to make money. I'd Tuesday isn't red I'm blowing my brains out and just going all in RTX

>>18320812
I'm looking for +8% by end of next week overall

Been in the market since March 17th
And while I had suspicions of it prior to today
I think today I can confirm

/biz/ has no fucking clue what they are doing

Guys, tomorrow is going to be green, at least 3%. Do not doubt the clown market.

https://twitter.com/stoolpresidente/status/1247255755821944832?s=19


Ahahahahahahahahah

I wish I knew how to trade stocks. Sounds like fun.

>wealthsimple still hasn't processed the RTX merger, so I have to calculate my gains by hand
I'd be mad if I didn't make so much money on RTX

>>18320837
what's your returns?

plz post % returns over long period of time and over past few months.

>>18320768
SQQQ back to $30 confirmed

>>18320827
Dorothy?

>>18320811
how would you know? are you involved with these viruses? is there something you'd like to tell us? are you in cahoots with these bio terrorists? how long have you known them? what did they do to get you involved?

>>18320783
I sold everything in my IRAs 5 min before close, plan to rebuy the dip.

isn't big banana's logic that he was a former "athlete", so he'll be fine?
hueland taking a massive shit soon

What im in:
AAPL
T
MCD
LMT
GD
KO
MSFT
CSCO
C
INTC
LRCX
WMT
ITW
NUE
PLUG

What im looking at:
PEP
PYPL
RTX
NET
EQIX
CCI
DLR
SBAC
ACA

>>18320768
It's not fair. How can we compete with unlimited printer works? Bad guys win again I suppose...

finally decided to buy into the stock market feb 28 when you could tell shit was gonna get nasty,
made 3,000 in short term gains so far lol
gonna suck come tax season

>>18320846
it's not, but it's better than the retarded faggotry of crypto

>>18320827
ooohhhh SYY not satisfied...

>>18320839

Everyone here shits on triple leveraged ETF's but I really wish I owned some UDOW today

>>18320795
Don't ever fight the market. Don't ever hold out of spite. Don't ever commit yourself to being a bull or bear.
A sailor can tack into the wind, but he'll be pushed back if he fights it head on.

>>18320768
You didn’t give up, you just lost all your money and can no longer play, that’s not the same as giving up you stubborn bear nigger

>>18320782
things are starting to feel more bearish again but I'm still long and longer

>>18320830
she got a tiny neck lol

reminder that if you missed the bottom and are fomoing, buy alibaba. china hasn’t made a huge correction yet

As a dividend growth investor do I go for INTC or NVDA? It would take like 10 years for Nvidia to match the current payout of Intel so I'm conflicted.

>>18320837
/biz/ just follows memes. If anyone takes any buy/sell investment advice from here without dyor is a retard.

>>18320893
>shits on them..
no this is the perfect time to have 3x ETF with vol lowering

Made my first real gains today (70%) off of SLB calls. Should I let this ride? I have an aggressive contract expiring may 1. Or do I sell and buy day to day?

BASED

>>18320846
me too, damn.
I could have sworn the market used to be rational on some level

>>18320878
>when you could tell
yeah, definitely couldn't tell before that, slow-mo

I bought HSU (2× SP500) at open and sold it for a small profit (like $8 lmao) on a limit sell

Buy more on the next red day, or buy back in immediately tomorrow?

I legitimately think we've seen the bottom and won't retest it

>>18320903
NVDA is way better than INTC, CEO jenson is abrasive but a super genius and guiding nvidia in the perfect directions.

INTC is.... they have some good points, but I'd weigh heavier into NVDA

>>18320851
Yeah what a pain in the ass. I sold all mine at EOD, anticipating a dump tomorrow. When I buy back in the percentages will be correct I'm guessing.

DESPITE BEING 14% OF THE POPULATION

>>18320912
God bless you coronachan

>>18320903
BPY. Look at the yield, then look at their property holdings.

>>18320912
how is this news? 90% of Chicago is black

So people have accepted what Corona-chan is going to do and it's all priced in.

BA is fucking mooning in aftermarket

>>18320578
Think about it. No humans in restaurants = no easy restaurant dumpster trash for rats. That means desperate rats, with no humans to scare them away. How many restaurant owners cleaned up and locked up and are too depressed to even go back to check on the place? What do you think you'll find when you finally open back up in May/June?? RATS BABY! Loads of glorious money making rats! All up in your shit. They can chew through fucking nearly anything. Exterminators will be backed up for months!

holy shit short boeing

>>18320900
>looking anywhere above the shoulders
Nigga, you queer.

>>18320876
COOL DUDE enjoy owning mature blue chip stocks with meager growth potential, and then kys

>>18320936
lmao. Blacks making the US look bad on paper again. The problem is hood rats are totally disregarding isolation orders.

>>18320943
It says right in the article they're 30% of the pop.

>>18320943
>informed by memes
grim

Give me one fucking reason why I shouldn't take out a second mortgage on my home to go all in on Boeing stock.

is there any more evidence needed to show that the stock market is just one gigantic ponzi scheme other than the past few weeks? It's entirely fake and manipulated by the wealthy.

I'm just fucking tired.

>>18320886
IT'S PARDON MY TAKE
PRESENTED BY
BAR
STOOL
SPORTS

>>18320768
I don’t know about you all... but because of Corona this is the first time since college that I’ve felt alive. I have lots of silver and been waiting for something like this to happen for 5 years. The point where things get so bad that 1 silver Roosevelt dime will buy me a blowjob from a formerly well to do housewife and her 18 year old daughter at the same time. I’ve been waiting in the shadows laughing at these cuck husbands who buy their wives range rovers instead of buying silver bullion... knowing that I’ll be face fucking their wives mouths for the 1.30$ it cost me to buy that silver dime.
Just yesterday at Whole Foods I seamlessly entered into conversation about Corona with a roastie milf that had a ring on her finger in the water aisle... and I said this is all a cover for trump to bring us back on a gold standard. She started looking at me in amazement like she wanted me to paint her lips in cum. At the end of the conversation I’m like take my number l have plenty of protection and freeze dried food if you ever need it and she took it from me.

>>18320978
Because Boeing is a zombie company. If you want defense, buy LMT, KTOS or RTX. If you want civil air, idk buy SPR I guess. Boeing can't produce a working product to save their lives.

>>18320863
he's being sarcastic. he and trump are the most obese and unhealthy world leaders of modern times.

>>18320980
How the heck does Warren Buffett invest anymore? Value Investing has gone completely out the window.

RTX and NOC are based. Why wouldn't you invest in military contractors right now

>>18321009
with tens of billions of dollars

>>18320886
how does this happen to people? i mean i know, probably leverage in some form, but still how the fuck do you lose half a million? does this guy have like 100 million and that's not a big deal to him or something? i mean im here making $50 bets while day trading essentially and i can't even fathom losing multiple orders of magnitude above that.

Alright time to get out of bed and make breakfast.

biz "bulls" finna bouta get rekt

i lost 80% of my entire capital today

>>18320878
What is tax rate on short term gains? Also for example if I buy Disney at $100, sell for $120, buy back in when it reaches $100 again and hold for a year. Do I still pay short term on that?

>>18320901
> buying chink stock
anon, I...

>>18321003
>tfw cut all my losses and went all in on Boeing

I'm literally making back all my lost money as speak. Zombie companies are not so bad, it seems.

>>18321020
>Why wouldn't you invest in military contractors right now
I want to but my portfolio right now is unironically 55% defense contractors and that might be too much

https://chemrxiv.org/articles/COVID-19_Disease_ORF8_and_Surface_Glycoprotein_Inhibit_Heme_Metabolism_by_Binding_to_Porphyrin/11938173

covid not lung virus it blood virus O_O
this also explain why HCQ works

>>18321036
You would pay short term on the $20 per share gain if investing in a normal taxable brokerage account.

>>18321020
NOC is at like an all time high almost, not buying that shit

RTX could be good though

>>18320885
Jack in the Box
Regional banks (Kre)

>>18320942
Intel and Nvidia are semiconductor companies.

>>18321049
>HCQ
it doesnt work tho

I dont think ill ever see almost +10,000 again in a single day but it was cool to see

>>18321036
assuming you don't make a single trade again. you've realized $20 gains and will be taxed at the marginal tax rate

>>18320973
Short Nike. Calls on Purple Sizrup to dump on homeboy's auntie grave.

>>18320965
necks are important

>>18320988
I don’t know about you all... but because of Corona Light this is the first time since middle school that I’ve felt alive. I have lots of Kraft-Heinz stock and been waiting for something like this to happen for 5 years. The point where things get so bad that 1 share of KHC will buy me a loving footjob from a formerly well to do housewife and her gassy 18 year old daughter at the same time. I’ve been waiting in the shadows laughing at these cuck husbands who buy their wives range rovers instead of buying food stocks... knowing that I’ll be face fucking their wives mouths for the 19.99 it cost me to buy that share.
Just yesterday at Whole Foods I seamlessly entered into conversation about ketchup with a roastie milf that had a ring on her finger in the cheese aisle... and I said this is all a cover for trump to bring us back on a processed food standard. She started looking at me in amazement like she wanted me to paint her lips in cum. At the end of the conversation I’m like take my number l have plenty of protection and macaroni if you ever need it and she took it from me.

>>18320972
Salty bear

>>18321020
Already am. Funny eight NOC is the one I'm missing

Im in cash since mid february.
Im buying back in tomorrow.

I cant wait any longer. The bearmarket is over.

>>18321055
Do my US dividends automatically withhold 15% or do I have to send Uncle Sam his money manually? t. canadian

>>18321063
according to people trying sell million dollar a dose HIV drugs yeah

SERIOUS QUESTION: HOW MANY OF YOU PLAN ON PAYING YOUR NEXT CREDIT CARD BILL

>>18320783
I started slowly adding SQQQ from around noon until right at the close. Could be comfortable doubling what I put in if the opportunity comes up. We could definitely be in for a strong push up though, it's only a matter of time until we string together multiple consecutive days with gains this big.

>>18321063
>major DNC contributor murders her husband with fish dewormer
>entire country disregards a potential treatment due to partisan politics
It's all so tiresome.

>>18321100
I don't have any debt and my credit score is 845 no larp.

https://www.youtube.com/watch?v=8AHCfZTRGiI

>>18321100
I'm not even paying rent lol

>paid for college instead of putting my tuition money into AMD in early 2016
I literally could have been retired right now

>>18321085
You must kneel before Trump

>>18321100
Why wouldn't I?

WERE BACK BABY!

>>18320960
i'd think most of them would have considered this by now, but i suppose you don't need that many for a significant increase in business. pretty neat, i hope it works out - you're the rat prince until new ath though.

>>18321030
Is that Yuru Camp? I heard about it, never watched it

>Jerome has no intention to stop pumping
>they will pump until it all falls apart
>currency is going to dump

>>18321100
who in their right mind wouldn't? nobody is forgiving debt, you might not get hit with late fees depending on the bank

>>18321085
depends where you hold it. Non Reg account=15% witholding tax(you my be able to get a credit)
RRSP=no tax(just on withdrawl at your marginal rate)
TFSA=taxed and non recoverable

>>18321077
>necks are important
Pathetic.

>>18321121
yeah I get that but idk whether the kowtowing is automatic or not

>>18320736
Am I evil for wishing that Boris dies and it'll maybe trigger second wave of selloff?

>>18321100
>carrying credit card debt
>ever
I know a lot of companies are waiving interest, but what the fuck am I going to do with the like 200 bucks I have on my cards anyways?

>>18320736
>all these dumbass nu-/biz/ redditors getting blown the fuck out because they think the market needs to respond to their perceived reality (>>18320768)
>b-but the news told me things are bad, d-doesn't anybody watch the news?
>nu-/biz/ traders are the equivalent of Barstool Presidente (>>18320839), a guy who has been trading for 1 week, when it comes to predicting the market

>>18321133
Just a regular account, I know it's 15% but does my broker handle it or do I have to literally mail a $0.50 cheque to the IRS?

>>18320791
Such as?

Didn't get a chance to buy puts today because I was busy actually working. Not sure if I lucked out or if it's going to plunge tomorrow when they realize that sundays usually have fewer cases. The 7% is unnatural.

So not only are niggers dying in droves from not listening to authority, but they're also refusing to pay their credit cards and rent because they think they'll get bailout gibs.

>>18321100
>having a credit card bill
>not paying off everything you buy with your CC immediately

i literally just use my CC as a means of paying for things more securely than cash and to boost my credit score. it's like a middle man between my bank account and whoever im paying, and all it does is boost my credit score and give me rewards for having that middle man, lmao.

also this current financial crisis was mostly caused by people taking on way too much debt so maybe you should consider getting out of whatever your current debt is and not taking on any more.

>>18321129
you should read the manga

>>18321142
ya that sounds rude

>>18321157
lmao it's part of your tax return when you file for the year

>>18321166

The redpill is that blacks have the lowest IQ rates next to Australian aboriginals and their "misfortune" is due to 70 IQ and not racism.

>>18321142

no. money is the most important thing there is

How do I short Boris Johnson dying tomorrow?

>>18321185
I thought that was the blackpill

>>18320978
Their planes keep falling out of the sky

>>18321142
he already dead if taken to ICU O_O

>bought 3/23 dip
>sold today
>90% cash
Just crash one more time for fucks sake.

>>18321193
His death would be bullish news in this market.

>>18321175
this is literally the only way anyone should use a credit card. I'd use debit for everything if the (((bank))) didn't charge such a high fee for using it.

>>18321157
IRS comes to your house and rapes your ass if you dont file USA taxes
Why is it in a regular account?

>>18321100
All of us will. This isnt r/wsb filled with poor idiots. Also this is a blue board and a 2d anime only general.

>>18321142
> evil bearnigger want someone to die so the line would come down
who would have thought

>>18321153
despite the image and content, it still seems like you're net upset.
is the nu-/biz/ boogeyman that scary?

>>18321185
>>18321196
that's a fucking normal pill, everyone who hasn't been indoctrinated with western education understands it. why do you think +1 billion chinks hate niggers? hell i was able to figure it out when i was 6 years old

>>18321193
On the Ghoul Pool Stock Exchange (GPSE)

>>18321193
https://www.predictit.org/markets/detail/5717/Which-of-these-5-European-leaders-will-leave-office-next
Here is one place, I'm sure there are others

>>18321208
because my TFSA is with TD and I'm pretty much just trading tuition I'd usually use for gas and insurance on WealthSimple

If I start putting actually serious amounts of money in I'll transfer to a better brokerage anyways and sort out my TFSA then

>>18320587
YOU'RE FUCKKING KIDDING ME IM STILL HOLDING THESE BULLSHIT BEAR ETFS BECAUSE I REFUSE TO BELIEVE... bros I really sold and shorted the bottom, didn't I?

>>18320249
nope
you want to share your plan c with me?

>>18321111
Nice quads, but it's more because we don't have any studies yet. Sure, try it on people who are goners anyway.

>this retard comitted the perfect crime because orange man bad
lmao I don't believe it for a minute but stranger things have happened. Just dug a bit into the conspiracy circle jerk on twitter... LITERALLY can't trust ANYTHING anymore, looks so easy to throw doubt with a network of twitter accounts and a hot tip to a reporter

Anyhow, I only heard about that for literally ONE DAY.

>>18320980
It's algos trading with other algos at this point, not so much a ponzi scheme as it is Deep Blue vs TayAI

>another big multiday rally
>oil deal to go through
there is no way they would allow USA both of these... which is gonna dump?

WHY DIDN'T I BUY FUCK BEARBROS WE GOT TOO COCKY I HAVE 350,000$ IN CASH

>>18321259
>350,000$ IN CASH
spooky. inflation bro...

>>18320768
>>18321153
WHY DO YOU TRADE BASED ON DUMBASS IDEAS WITH LEVERAGE WHY DO YOU NOT AT THE BARE MINIMUM LOOK AT THE MOVING AVERAGES FOR TREND DIRECTION, STRENGTH, AND ENTRY POINTS? THIS ISN'T A FUCKING GAME WHEN YOU LOSE, YOU LOSE REAL MONEY. WHY ARE PEOPLE SO FUCKING STUPID AAAAAAAAAAAAAAAAAAAAAAA

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

What the hell is this? I thought I already reached maximum losses on my viacom put spreads but it just keeps killing me...

Yep. That nothing burger is over. Glad I loaded up on high value dividend aristocrats at huge discounts. The old lady and I been getting some good laughs from those knuckleheads over at reddit.com. Dumbass liberals bet against Donald J Trump. You know what they say,,, a fool and his money are easily parted. Well I guess it's true.

------------------------------------
Ray 'Tuck' Engle

USMC "DevilDog" 1961-1962

"If you can't fuck it, shoot it!" - Chesty Puller
"Don't tread on me."
"Come and take it."

MOLON ABE

Honeywell HVAC Tech Level 4 - Laid Off - Living off dividends, cuttin grass, and passin gas.

>>18320927
>I legitimately think we've seen the bottom and won't retest it
Go all in then. But don't use a leveraged ETF. Waiting for "the next red day" when you think bottom was already found means, by definition, you will realize less gain than you could.

>>18321263
better than a massively volatile stock market right now

also have like 200k in it

>>18320768
>Normies has finally gone bull
Dump it

>>18321119
Brother if you think AMD is slowing down anytime soon you're wrong. I fully expect them to be $250 in 3 years

>>18321276
thx tuck

>>18321259
that 350k cash became 6% less worth today

>>18321100
I pay my credit card off completely any time I use it.

>>18321265
Those are people that think TA is voodoo magic and they're savant geniuses for having made 1 correct bet, but the other 3 times was a manipulated market designed to make them fail.

>>18321289
uhhh bro....

>>18321265
>trusting fucking bone reading

>>18321282
tfw zooplankton with similar positioning

>>18321294
and it's worth like 20% more since feburary you absolutely fucking subhuman nigger amerimutt goblino you should have been gassed in the 40s

>>18321259
My portfolio is ~$400k, of which ~$150k in cash right now. Patience is the name of the game.

>>18321299
it drives me crazy. it took me YEARS to save up around $30k to get started initially. i have a huge amount of respect for the value of a dollar. these retards need to stick to paper trading.

>>18321306
you're a fucking retard. please never breed.

>>18321293
Don't mention it brother. I've been through a correction or three... or five. Stick to your guns and hold on to your balls. These pussy onions sippers just aint cut out for it.

------------------------------------
Ray 'Tuck' Engle

USMC "DevilDog" 1961-1962

"If you can't fuck it, shoot it!" - Chesty Puller
"Don't tread on me."
"Come and take it."

MOLON ABE

Honeywell HVAC Tech Level 4 - Laid Off - Living off dividends, cuttin grass, and passin gas.

>>18320839
Who the fuck and why should I care

>>18321331
You're a cuck who deserves everything they get from breeding.

>>18321276
Based and boomerpilled

>>18321319
retard

>>18320877
unlimited printing only works until it doesn't.

>>18321276
>>18321335
>ironic forum signatures from the early 2000s
you need to be gassed too

>>18321265
Do what now?

>>18321352
seething

>>18321357
i think they're funny and i've been browsing 4chin since 2007

how many in /biz/ are neetfags and how many are richfags?

I look forward to when volatility dies down, all the normies who think they aren't normies go back to their worthless day jobs, and all of these emotional, ignorant, and narcissistic, idiotic "traders" leave /smg/ and don't come back until the next market correction.

>>18321162
Big time bear capit, normies going BVLL. Things that cause non-retards to profit take.

>>18321376
nice avatar u fucking mongoloid.

>>18321377
they use up a massive amount of space for a bad joke and should be used once in a blue moon

what are your main boards son

>>18321378
>implying one can't be both

>>18321378
Probably 100:0

Rich people aren’t gonna browse biz unless they’re bored

>>18321049
that means I'm absolutely fucked and will never reach my triathlon goal
welp

>>18321218
No to be honest I'm just sick and tired of Dunning–Kruger effect, "My brother is dating a nurse, and she said that..." type posts on /biz/ where some nobody tries to pejoratively explain to me that no medicine will ever be helpful when it comes to Coronoa, that nobody should be leaving their house for the next 4 weeks, that 1 million more people in New York will catch the virus, etc. etc.

So I'm taking it out on Bears. My honest view is that people drank the Kool-Aid and fell into this media-trap where they let negative news spiral their mental out of control and they ignore/don't trust any positive news (or positive news fails to be reported). They won't consider positive results of medication, they won't consider that maybe things aren't quite as bad as they originally thought. They just want to keep getting this doom & gloom report because they've fully bought-in to the idea that things will never be good again, and they've even grown to kind of liking it.

So when I see the market not quite reflecting that doom & gloom picture that so many pompous, know-nothing Dunning-Kruger nu-/biz/lets wanted to shill to me, I laugh in their face and hope they're losing money. I'm not upset at Bears per se.

>>18321378
What's considered a richfag though?

>>18321300
They're taking over nvida my man

>>18321362
this.

>>18321422
Wrong.
/biz/ told me 60 million will die any day now.

>>18321446
>/biz/ told me 60 million will die any day now.

>>18321385
And you'll be left with 99% of threads being crypto shilling doneby pajeets

>>18321446
biz is usually right but they got this one dead wrong

Lol I thought i was buying $32 in puts, turns out it's fucking $3200
pls tell me I'm going to make money

>>18321422

I'm still a bear because I don't think that people truly understand the ramifications of halting the economy for a month. In the short term having Jerome pumping markets is fine, but in the long term I think we're going to have successive GDP shrinks.

A lot of /biz/ thinks very short term.

>>18321378
Is up to 2.5 million being rich? I've seen a couple of dudes posting portfolios. There can be some legit bitcoin millionaires here.

>>18321385
this nu/smg/ now. feel free to fuck off if you dont like it

>>18321429
My personal threshold for a richfag depends on age and net worth:

20s - 500k
30s - 2mil
40s - 4mil

and so on. I just assume smart people will have several million in their retirement accounts by the time they retire.

>>18321471
i'm in this boat, but i t needs to be balanced with the looming inflation. we're going to see a fuckton of free dollars moving around soon. shit's gonna get wonkier.

>>18321142
The death of a major politician would just result in a +2000 day.

>>18321471
Most of biz is traders playing with scraps, not long term investors.

>>18321422
>>>/r/eddit

>>18321439
>tfw bought AMD at $38
>sold at $54 before the crash
>re bought at $41

>>18321474
imagine being a shitcoin millionaire
you'd have to be the smuggest piece of shit around

>>18321422
T b h I'm still not sure about the status of happening. Could go both ways. So far the death toll is laughably small,but maybe it's because that restricions work. What happens when they are lifted

>>18321139
KNEEL BEFORE HIM

you did buy boeing right? i talk about it nonstop and it goes up 20% today. should of listened

>>18321490
>markets surge on bad or no news
>The death of a major politician would just result in a +2000 day.
>trump gets corona-chan
>dow should surge to 30k
I think I'm starting to see how we can return to normal bois

>>18321470
buying 1 put is buying the option to sell 100 shares with $32 premium for each share. If you don't know this basic fact about option, you shouldn't gamble

>>18321506
I'd be the opposite, I'd feel like my wealth was entirely accidental, not unlike a lottery winner.

>>18321177
He's canadian, he doesn't normally file in the US. Get a brain moran.

>>18321422
it will always be that the people who tell the market what it SHOULD be doing will fail, and the people who let the market TELL THEM what to do will be successful in the long run. you don't tell the market what to do, the market tells you what to do. so many fucking dumbasses get this wrong, every time people go "IT GO UP BUT IT SHOULD GO DOWN WHY IT GO UP??? GO DOWN NOW GO DOWN NOOOO ALL MY MONNEEEYYYYY!!!", this is people telling the market what to do.

>>18321530
way ahead of you anon

>>18321474
I knew one guy from my workplace. Bought them very cheap, sold almost at the max of the peak. Left the job and plays vidya all day long now. I'm pretty sure he netted something around 2kk

>>18321439
>That increasing white space between the lines
So you're saying I fucked it up and won't get to buy more than lmao1 AMD or NVDA, and my SRTY is going to drag my nuts through the ringer??

I'm feeling pretty bullish on the bear markets

>>18321471
That's because the majority of/biz/ is only interested in making money short term. Most of the posts are get-rich-quick trading to try and make a quick buck, hell I've seen people get insulted for telling newfags to invest in bluechips first and then gamble after you have that as the bulk of your portfolio

Is daytrading calls big brained?

How insane will my taxes be?

>>18321549
If you had bitcoin in 2016, how could you possibly have hands of steel and hold until almost 20k? Rhetorical question, I would have sold at 10k max. Major props to those that held on.

>>18321549
>>18321506

>>18321485
these figures might be true if:
>you get a 150k job by 27 and have paid your college loans off by then
>own a business and it doesn't fail like 95% of them
>inherit
>start flipping housing

HOLY SHIT FED IS BUYING INDEXES JUST LEAKED

>>18321539
don't @ me gaylord

>>18321578
Correct. All four of those would turn somebody into a richfag in my eyes. Obviously if you have 100k by 30 you are still successful, just not filthy rich.

Was today the greatest day in market history? Trump was saying this week was going to be like a 9/11 or a Pearl Harbor.

>>18321474
Got to see a guy on the road to work right before this whole beervirus panic, he was driving a lambo with CRYPTO in the license plate. Was pretty funny because the meme checks out

>>18321549
I'd definitely wouldn't. Maybe the guy was researched bubble economics really well. He was a pretty good programmer, so he'd probably have brains to do so

Now nearly all of my shit is in green. And what isn't, that is only -7 -8 % red. Bretty gud isnt it.
The time of the bear is over.

pls be a reverse 23rd march

>>18321129
>Is that Yuru Camp?
Yes. It's very comfy and relaxing. More about outdoor cooking than camping. They go to camping spots and make food, pretty much.

About how profitable are buying and selling puts and calls? So far I've just been buying and selling straight stocks (not even day trading. I buy one day and sell a few days later) and have done okay (about net 25-30%) but am curious if there's a better, more effective avenue.

>NOOOOOOOOO THE MARKET IS NOT SUPPOSED TO GO UP WHEN 7 BILLION NIGGERS ON WELFARE AND 90+ YEAR OLD ALZHEIMER PATIENTS DIE OF THE COMMON COLD

>>18321505
the fun thing about moving averages is that they work on every time frame, it's just that they don't work as well on the daily as they do intraday because of gapping. the "voodoo" shit makes me laugh, i mean it's literally just the average price over a short and longer period of time, reversion to the mean isn't "magic" lmao it's just math nothing to be afraid of kiddos

>>18321560
im saying at least CONSIDER the moving averages before making a trade. in the example i posted, notice how much of the time when the blue line is below the purple it is going down, and when the blue line is above the purple it is going up. notice how if you entered a trade on the candles where it reverses from the purple line, it would actually be a profitable trade depending on how you manage risk.

i feel like this is common sense if you just look at a fucking chart and understand basic 5th grade algebra. but here i am, explaining how when average price is going up that means that price in general is going up, WOW WHAT A CONCEPT.

>>18321587
source or gtfo

>>18321612
On average? 0% profit

>>18321611
Isn't that the anime where they broke spaghetti in half and all the wops on /a/ started seething?

>>18321612
>About how profitable are buying and selling puts and calls?
Based on the recent posts, everybody here is losing against the house.

>>18321612
it takes a high IQ to play with options, do your research first

>>18321622
Thanks <(political_scapegoat_of_your_choice)>

>>18321611
any other good animes about cute girls doing cute things and being comfy why doing them?

We can't lose BoJo ;_;

>>18321641
it's a /ck/ meme more than an /a/ meme

>>18321623
Do you only consider MA for the day? Or do you stretch it out to a wider time frame before making a trade?

>>18321623
>and then for no reason at all, he lost his shirt

https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/1496E0CC-7802-11EA-8C40-794B76EB1F9C

Today JP Morgan claimed we’re gonna hit recession twice as bad as 08. Permabulls will ignore this.

>>18321622
This, but unironically in normal colour text.

>>18321641
why do they get mad at broken spaghetti? I always break my spaghetti so it can fit in my little pot

>>18321612
usually 10% stock swing correspond to 50%-200% upswing if you guess correctly.
I use this website as the final gut check before buying options https://www.optionsprofitcalculator.com/

>>18321662
My dick tell me not to trust these "people" while my brain says I need another crash to make more money.

>>18321648
Aiura, Yuyushiki, and GJ-bu are all pretty comfy.

>Most people would be better off in a diversified portfolio of market cap weighted Index Funds
Prove him wrong

>>18321485
Oh, well I'm doing good then

>>18321612
I made a killing by writing options when VIX was at 80 and tumbled down to the levels we have now. do proper research and start small, don't blow your account like some retards did. and never buy naked options without any hedging unless you know what you are up to.

>>18321612
Stick with the common shares if they're working for you. Options are just higher risk higher reward with an added complication of time constraint. However, options do allow you to make fence sitting strategies whereby you make money if the thing goes in either direction sharply (straddle and strangle), or you make money if the thing does not move much at all (butterfly, iron condor). Check out these terms on investopedia to learn how they are set up and see if you might be interested.

>>18321648
Non non Biyori is supreme rural calm and happy times.

>>18321422
>>18321623

Is one of you
>TA flipped from soft buy to hard buy
>None of the things that would show fakeout potential are saying fakeout here

What do you even look for to see that?

>average price is going up that means that price in general is going up
sure sure but that doesn't mean much to me in and of itself

I used to use accumulation/distribution but it never says "DON'T BUY THE DIP" or anything so I kind of stopped. Been real sloppy lately actually. But I see that the Large Specs are short ES and Russell and I think to throw on some inverse rather than sell my longs.

>>18321677
it's a pretty uncultured thing to do and gives you short strands when you eat. it's okay for spaghetti to stick out, as the part that's exposed to water softens and cooks, the rest will fall in.

>>18321378
I'm a neet, 11k usd is my whole networth, 18 atm, hoping to make 10,000% gain within a few years.

Why does /biz/ have literally the absolute WORST taste in anime?

>>18321639
>>18321644
>>18321646
Seems to be a common issue, especially if the AAAA posters are any indication

>>18321678
Nice profit, though it definitely looks like research is needed

>>18321697
>canadian
opinion discarded

>>18321648
Not anime, but the Witch Hat Atelier manga is very good. Cute girls doing cute things with some neat plot, all gorgeously drawn.

>>18321697
wrong place to post something like this. Better off starting your own thread.

god i fucking hate this daylight savings bullshit. missed an easy short and i have to wake up at 5am everyday now.

>>18321715
>it's a pretty uncultured thing
but i like my short spaghetti

>>18321077
I quite appreciate this new take on a new instant-classic copypasta

>>18321737
that's fine you swine, eat it however you want

just a flu

>>18321697
I watched a bunch of his video. He doesn't invest in index funds himself and his entire financial voodoo is based on
https://en.wikipedia.org/wiki/Efficient-market_hypothesis
which is either
1. unfalsifiable
2. demonstrably false
or
3. tautology

>>18321720
all of the animeposters here are confirmed trans so probably that's why

>>18321710
what is your profit? I am looking into selling covered put in robinhood

>>18321749
Imagine the smell.

>>18321714
Protip: the COT isnt to be used as an indicator, its only to be used to make fun of small specs when they short the bull

Alexa play Heaven Knows I'm Miserable Now by The Smiths

>>18321697
Depends on your investment strategy. If you just want to not lose money and never think about it, index/mutual funds and ETFs are fine.
Some reasons you wouldn't want to do this:
If you want high risk/high reward
If you want to learn how the market works
If you have experience in a sector
If you want to fully manage your portfolio
If you want to avoid fees
If you want to try non-conventional strategies

>>18321660
oh yeah, multiple timeframe analysis can be very useful. in short, it depends a lot on what your edge in the market is and your personality, how you like to trade. it also gets a lot more complex than simply fast line crosses above slow line so buy. my point is that AT A MINIMUM you should look at that shit. if the trend is up and you short and it keeps going up you're a fucking dumbass in most cases and don't understand how to read price action. im not going to spoonfeed you my whole system or anything like that, im just saying stop buying in a downtrend or shorting in an uptrend.

i'll give you this much at least: a lot of the game is simply being able to quantify what a strong trend, weak trend, and flat/ranging market is, and how early you can identify that. that's the goal of TA in a nutshell.

>>18321661
learn risk management you fucking piece of trash. stop losses and the ATR exist for a reason.

>>18321720
cringe

>>18321768
>that thing you showed me, you've decided it serves no practical purpose
o-oh. goddamn it.

>>18321753
>muh tranime meme
Get a load of this faggot who doesn't like huge titty schoolgirls.

>>18321763
Smells... Like DOW +10%

Here are my main holdings:

169 - BA
100 - AMD
182 - MSFT

Got out of DAL and MRO, might DCA more NVDA and AAPL. So far so good, even if we take another big dip, I'm long all three of those and can afford short term losses.

>>18321785
Thanks friend for the advice, you and I made some nice cash on AMD today.

>>18321714
>Is one of you...
That was me. The main shit check I use for fakeouts is volume indicator. Chaikin money flow and similar with a zero line in the middle. I look for line to go above zero and stay there as a buy indicator. Like everything else in TA it's not perfect but it helps. Sometimes volume indicator will go negative on a green day or a crabby doji kinda day, in which case that means trouble brewing if it stays negative the following day. The volume indicator is one of three (sometimes four) gizmos I use to get a feel of price action and trend.

>>18321770
Alexa belay that order and play Please, Please, Please, Let Me Get What I Want
https://youtu.be/w3qPMe_cCJk

>>18321795
you'll never pass

Stock market noob retard here.
Is it really wortwhile to invest $500/monthly into huge national companies unlikely to fail even in the face of a global recession?
Looking at their last peak i'd guess that'd only net me a profit of about $200 for every $500 in a near-best case scenario post-taxes and it'd probably take a couple of years holding them?
Maybe I should be looking at stocks that payout dividends?
Not interested in daytrading obviously, i'm just wondering what expectations to have from long-term investments like that and if it's even worth it. Beating inflation? Small increases like that by potentially taking on big losses?

>>18321815
'murica

>>18321747
I'll try long spaghetti next time i make some just cause your rhymed and it made me laugh.
>>18321753
I ain't a fucking tranny I'm just a weeb who likes shitposting smug chinese cartoons on a anonymous mongolian fishing board about buying and selling baskets. Fuck you and the rest of those discord trannies trying to take that away from me.

>>18321749
The faggots are doing this for dramatic effect. The system is more than capable of handling the current deaths considering deaths from car accidents, violence, etc. have virtually been dropped to zero.

>>18321142
Already priced in

>>18321838
If you want to put money away, have it grow at a decent rate and never pay attention to the market then put all your money in low mer Index Funds.

>>18321837
No need to brag about how you're more effeminate than all of us, pinoy ladyboy. I'm a 6'9" gigachad.

Why the fuck MEG up 20% but OVV going nowhere?

>>18320768
have faith, if boris johnson goes on ventilator spy will drop at least 80 points.

>>18321714
>What do you even look for to see that?

again: im just giving you the most basic piece of the puzzle. it would take way too long to explain everything, i could unironically teach a college course on it. a lot of it also relies on a lot of self fulfilling prophecies, especially ones dealing with what tutes pay attention to (it's why the EMA(20/50/200) are so important because everyone and their mother respects those lines).

an EZ mode setup if you're new is to study the VWAP and high probability setups involving it. tutes specifically guarantee the VWAP for whales who want to get in or out of a position, they'll "guarantee the VWAP price". a somewhat decent explanation: https://www.youtube.com/watch?v=eSt0RC1WJKM a more in-depth discussion with someone who literally only trades based on the VWAP: https://www.youtube.com/watch?v=uv9G4M3rnfY

>>18321794
>Cringe
Dilate, every show you like is trash.

>>18321750
yet it is the best explanation to apply to a long term investment strategy. Especially for the average person.
Of course you could be like pic related and find opportunities but I dont think most firms or individuals have figured out a similar or better algorithm

>>18321850
yes, letting bodies rot in the outside at 30c seems like a smart idea

>>18321749
people die all the time
a lot of people die every day around the world no matter what.
people aren't usually going to pose all the bags together and take pictures, but if they did, this is what you would see.
it's time to get comfortable with the facts of life and death

>>18321838
If you're looking to DCA into the market like that and intend to hold long term then just pick one of the big index ETFs. SPY, VTI/VTSAX, etc.

>>18321838
>Not interested in daytrading obviously, i'm just wondering what expectations to have from long-term investments like that and if it's even worth it.
As long as you don't cash out when it's gets spooky, it will beat having a savings account. You can avoid paying fees for multiple trades if you invest in a single ETF that track multiple stocks.

You faggots call yourselves bears? and you just give up because of a 10% bounce? You are aware that we are in the middle of a gargantuous fall to the bottom right? High volatility bouces like this are to be expected. In the end it doesn't matter, the trend is bearish, the long term trend is bearish. All you dumb fucks who bought at the "bottom" must think you're real geniuses but we're at december 2008 rn. Bottom of the crisis was mid.2009. You're going to lose money you dingus. If you're a bear and have SQQQ, HOLD YOUR FUCKING BAGS YOU DUMB FUCKS.

>>18320901
do not buy chink stonks, fuck them their economy, and the fucking upside down world they created through eating rodents. Insectoids can fuck off for all I care.

>>18321898
Imagine not selling your bags to rebuy at the peak of today

>>18321697
>Most people...
... are financially illiterate so his advice is sound.

>>18321899
and so it begins.

>>18321697
Funds are fine but there are no longer barriers to entry like trading commission fees which was one of the main advantages just a couple of years ago. If you have some gumption then just rebuild the index yourself and save the expense ratio :^)
The heavy usage of funds is also skewing indexes that are only loosely grouped. For example the entire energy sector index was sold off because of the oil price wars and lack of demand as investors dumped their sector funds. The external factor of oil surplus has different effects on different portions of the energy sector though, with small oil exploration companies most affected. A midstream supplier of propane shouldn't be affected much, but if large proportion of the sector is owned by funds then they're getting sold at the same rate as those small oil explorers since the index is grouping them together. Then it is up to the stock pickers to re-weight the capital by realizing the error in the fund sell off.

>>18321882
They have refrigerator trucks and conex boxes you stupid fucking retard

I tried every broker from the paste, and none wants to deal with a cyka. I just want some stonks, man.

Have you come to pay preemies to the Rat king? Rise, you may lay them before my covered calls.

>>18321932
>cyka
Oof, the exchange rates alone are going to kill you.

GEX punched up into the positive
DIX dropped 5.9% but still in more bullish territory.
I'm such a fucking idiot to try to play both sides of the trade like this.

>>18321826
>>18321872
I see, I see!
Thanks. I need to retool everything I'm doing, but also don't want to crash out of my SRTY and DRV when this sudden optimism looks so silly. But... it could be months before we get a retest of the lows, if we even get one.

I hate being a retard.

>>18321932
blyat

>>18321749
>just a flu
Yes, thats correct. It is.
>b-b-but people have died!! theyre in a bodybag!!
Yes, people also die from the flu, anon. In fact, 50,000 people have died from the flu in the past year. How many have died from the coronothingburger virus/hoax? 10k?
It wishes it was the flu.

MSFT seems bullish

>>18321946
cykas can possess green paper too.

>buy debit spreads
>buy another debit spread to make up for the loss of one of the spreads
>buy another spread to help cover the loss of the one I just bought
>buy another to cover loss
I'm running out of money to hedge my losses

>>18321710
>>18321711
Thanks for the tips, guys. I'll read up on it, but I know almost nothing about it so I have a bit to do

>>18321976
>>18321976
>>18321976


>>18321976
>>18321976
>>18321976


>>18321976
>>18321976
>>18321976


oh no no no

>>18321876
>yet it is the best explanation to apply to a long term investment strategy.
He says empirical data shows value stocks beat the index. He discounts dividends because according to his particular financial voodoo stock price = value of the underlying assets because markets are 100% efficient according to his guru's hypothesis.

>>18321864
Yeah I know that's the accepted wisdom, at least to beat inflation in a 15 year timeline.
>>18321894
Not American so I can't really trade any of those due to EU legislation like MiFiD2 stopping them from coming up on the regular platforms here and requiring a lot of workaround work. (mostly because non-US citizens can apparently get assraped on your ETF taxes)
>>18321897
Most advice i've seen claim that the euro ETFs are nowhere near on par with the US ones. That's why i'm mostly considering very "safe" national companies, some of them barely even dropped from Corona panic and are already near full recovery.

fantastic call on therapeutics, looks like some bio stock is gonna get pumped in a bit

>>18321960
For as much as I like using Thinkorswim, this looks a lot cleaner.

>>18321949
>I hate being a retard.

unironically just paper trade, bro. find an edge and develop it, understand it inside and out. don't just look at indicators or averages as "magic lines", actually UNDERSTAND what information they are conveying about what price and volume are doing over time. price and volume over time are the only 3 variables you ever have to work with, every indicator is just applying math in some way to those 3 and representing it in some kind of easy to read visual format. everything an indicator tells you, you could theoretically figure out by just looking at a naked chart, indicators help you see things you might not realize are there though.

the basic concept that in a downtrend you should be looking for short opportunities and in an uptrend you should be looking for long opportunities should be obvious and is easily objectively understandable with 2-3 moving averages. they represent your short/medium/long-term trends and those trends relationships with each other. where price is in relation to them, where the moving averages are in alignment with each other, what their angles are... all of these matter.

>>18321995
Vanguard and iShares are active in Europe. You should have no problem finding an S&P 500 ETF from either in country.

>>18321049
>HCQ works
>>18321063
That research says chloroquine only will work after the coronavirus fucks your lungs to the point it is strpping hemoglobin from your red blood cells.

>>18320885
Picked up SYY late last week at 41, what a great deal! Picked up US Foods as well today, just to test the waters and was also pleasantly surprised

>>18322032
That's webull btw

>>18322042
I'm already in the market though...

>>18321049
Fuck off redd!tard.

>>18321485
damn im 36 and net worth only 100k