/biz/ - Business & Finance

>>18328753
you just know

reminder to sell before they announce Boris died

>>18328764
it's just a flu. we'll put 6 million people back to work in a week and everything will be like normal again.
I shaped recovery. Buy now or be left behind forever.

Reminder that bears are soibois and the only thing you should be buying right now is SPXL

GOOG is criminally undervalued

>>18328773

fuck ttg

pastebin dot com slash c4EwtaYu

>>18328764
That's extremely bullish though. UK might rejoin the EU with him gone and markets will skyrocket.

>>18328777
If you really believed in the bull, you'd just buy calls and make triple the money. Not just half assing with a leveraged ETF.

Also, anyone not buying in or buying calls right now is missing out. This is pretty much euphoria for the market.

Can somebody plz redpill me on why not to sell an April 24 covered call of BP @0.34

GORE! GORE! GORE!
SOMEBODY STOP THE DAMN MATCH!

>>18328790
Strike price $31 forgot to mention that part

>>18328790
>>18328801
in the stock market, you big movers generally know things before you do. thats why selling options is risky as hell. the prices are often set by analysts using knowledge you dont have yet.
desu, thats why its easy to make money longterm on the market. all the prices are set by maniacs trying to make money as quickly as possible

so the crash is cancelled? should i just go long on MSFT AMD NVDA and some semis?

Apparently I got dividends from SDOW. I didn't know that was a thing.

>>18328787
>markets will skyrocket.
>one of the most important world leaders dying
we aren't anywhere close to the bottom. sell now and wait at least another week to buy.

goog

>youtube
full operational with producers still working

>everything else
productions all shut down, not to mention traditional TV doesn't have sports to carry it..

>>18328787
I made 75% buying a dumbass call yesterday after accidentally losing 25% in under ten minutes by buying a put

>>18328753
Are dogs bullish or bearish? I would assume english and french bulldogs are bullish, but then would karelian and russian bear dogs be bearish? Does it just depend on the breed?

>>18328823
>productions all shut down
I wonder who buys ads?
Youtube costs more to run than it makes btw.

I'm so fucking tired of this. I mean come on, futures up 3% on monday with a bull run literally all day followed by futures up 1.3%. Fuck dudes, there weren't even any wicks on the candles yesterday it was just straight up. Do bulls all memes aside think that this is sustainable?

>>18328807
But if my cost basis is below $31 and I'd be fine selling then I am not necesarrily losing either way. I could miss out on oppurtunity cost but it seems like I could sell the call to make an easy dollars and the only risk is selling the stock at an amount that is above my cost basis. 34/18 = $1.89 a day until expiry which is no pot of gold but it isn't nothing either.

I basically sat on the sidelines yesterday with 70% cash and 30% longs. I should have FOMO bought in the morning but I resisted. God damn this market is always one step ahead of me

>>18328842
Everyone of these hurt for customers places is going to be buying ads to get people back in the door.

>>18328838
Dogs as a species are bearish. If you’re out and about and a dog catches your eye in a such a way that is striking or feels significant to you, definitely buy puts.

>>18328753
Another limit up and another 7% gain day. Optimism is reaching ATH and profit taking will be made before OPEC announcement and long trading weekend. Trade accordingly

Last chance before the moon mission

So just checked the futures. What the flying fucking fuck is going the fuck on? Just why? I did the right thing going short, the rally yesterday was pure absolute bullshit. What is causing this? Surely it will go down by morning or pump and dump, right?

>>18328853
Maximum kek. Are you a professional clown?

>“The moon will rise on the evening of 7 April and burn brightly all night long. You may even see it cast moon shadows on the ground,” explains Zoltan Toth-Czifra, founder of Under Lucky Stars, in a statement emailed to Fox News.

IS SUPERMOON BULLISH OR BEARISH?!?!?!

>>18328844
Checked. I hate this market. I want off this ride, or maybe I want on this ride. I DONT KNOW ANY MORE

>>18328862
yes, the biggest joke is my returns

>newfag
>came here for the memes
>bought SQQQ
>whatamIgonnaeattonight.jpg

>>18328822
The bottom is months away buddy. There's enough things to float the market for another money or two. The infrastructure bill, fixing the oil crisis, lockdowns lifting, better infrastructure to handle coronavirus, cases peaking in the short term, unlimited QE, etc. The bottom will have to wait until enough debtors start defaulting to bring down organizations.

>>18328831
I made a nice $2k buying 260 SPY calls at open and selling off during the EOD pump. I don't think today will repeat the same thing though, so I'm just going to sit on some SPXL until Wednesday.

>>18328844
Stop trying to fight against the market and just follow the trend. You don't have to sell and short the top and buy the bottom to make money. Wait until sustainable bad news comes out before committing to a bearish position, or ease into a bearish position (and also that's at least out to June so you don't get raped by theta).

>>18328861
As i said, emotions switched from fear to hope and optimism over all. The Virus isn't that bad over all and business are reopening.

Check out Europe, Germany and Austria going back to normal in the upcoming days / weeks. Other countries will follow.

Oil crisis? Most likely solved as Russia, SA and US are looking for a deal.

>>18328861
I think we just gotta accept that tradinng both sides of the trade sucks, and just trade the bullish side buy buying the dips. Long/short game is hard. You fucking squidturd.

>>18328873
Thanks for a sound post.
Been lost and bleeding for a couple weeks now

>>18328753
DAX 4% plus, dear god this day will be as green as yesterday

>keep waiting, the crisis is nowhere near its peak they said
>the real crash has not even begun they said
>wait they said
>could have made tens of thousands by now if I bought on friday

>>18328881
kek'd hard again. I love this /sircus market general/!

>>18328873
I had queued up some 265 calls but they didnt go through so I went with slb and still made 75%. Free fucking money

>>18328910
I could change that all by taking some long positions at the open. I, and I alone, control the market. You want red? I’ll give you red.

2700 GET

Futures climbing, very interesting

>>18328920
I know that your ideology and emotions are standing in your way to make gains, but i am neither a bull or a bear, i am trading the market accordingly and if you don't see that over all the stance has switched, then i feel sorry.

>>18328919
Thats what you get for listening to /panic-niggers/ in these generals.

>>18328931
My sides!

NUUUUU FUTURES NUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU

Should I buy more Antibe? If the trial is positive it basically doubles my money, right?

>>18328787
>options trading
Hahahaha. I already learned my lesson on that, but very nice try, Mr. Shekelberg!

>>18328881
This is what people said 8-13 days ago before the past weeks dump. We might be trending upwards overall, but it's a slow burn until the virus is bested. We'll see red again that gets SPY beneath where it currently is

>>18328946
options are often horribly priced and amazing deals

>>18328919
be greedy when others are fearful

>>18328940
oh yes. yes.

>>18328861
Big money niggers playing games mate, as soon as a pattern forms they're switching up to fuck shorts over

>people getting complacent
Lmao not even a month ago we reached ATH even though the signs were already there. Now it's repeating all over again. Maybe it's nice if you're doing shorts but I'd never hold a stock for over a week right now.

>>18328873
>Stop trying to fight against the market and just follow the trend. You don't have to sell and short the top and buy the bottom to make money. Wait until sustainable bad news comes out before committing to a bearish position, or ease into a bearish position (and also that's at least out to June so you don't get raped by theta).
What the heck do I do here?

Zwipe went up 20% today. I Keep coming here to tell you idiots about this stock and nobody listens. You would have made money.

>>18328981
Complacent? Half the thread is doomers like you. Complacency is when the whole thing is bull bull which bioshit gamble do I buy?

>>18328981
the majority of buying is by people looking out years in advance. That's not complacency at all. It's buying from fearful sellers getting out of companies at the worst time to do so.

Guys...am I gonna be ok?

>>18328849
youve persuaded me. go for it

>>18328866
Checked as well my friend
>futures rise by another .7%

>>18328777

Hi, Ivan. How are you?

>>18328988
HAHAHAAHAH. FUCK.

>>18329000
Triple zeros. No, kek wills you to not be okay. Sorry fren

>>18329000
Checked.

No.

>>18329000

>>18328965
>rtx calls at 70 cents
Is this the line where they give out the free money?

>>18328864
It means the climax of the current sentiment is near. The sentiment shift will come with the new moon.

>>18328988
Oh my god dude I hope that isn't your whole portfolio. Buy some SBUX and AFL or something. You are crazy.

>>18329000
none of us will be. this market will rattle till we've all lost. only a few especially degenerate gamblers might win. and of course longterm investors, but there are none here

Futures looking pretty green.

>>18328994
>>18328996
There's literally no reason why stocks are going up this much other than people getting numb from all the things that happened in the last few weeks and panic subsiding. With no cure in sight , no clear exit plan from this mass quarantine the economy is put into a halt. It might go up now because of people averaging down but given enough time the bubble will pop once again.

SWK
PPG
MMM
GWW
GD
EMR
CB
CAT
AFL
ABBV
PFE
NKE
KO
PEP
VZ
HD
LOW
V
MA
PG
COST
LMT
RTN
WMT
BA
AAPL
MSFT
RDS
BP
CVX
MCD
SBUX
VTSAX
T
NVDA
JNJ
KR

PICK ONE AND LET IT RIDE. DOLLAR COST AVERAGE. BUILD YOUR WEALTH, DON'T GAMBLE YOUR SAVINGS.

>>18328968

>switching up to fuck shorts over
This nigga gets it. Market is manipulated to reap easy profits by market makers.

So, trade on daily charts and on lunch breaks.

>>18328988
Since it's out in May, you have plenty of time to sell out during a dip. SPY puts and calls have insane theta though so I would try to find an exit unless there's some really really bad news. If the OPEC+ deal fails because the US and other producers don't join in, we can see some interesting things happen in the market. A lot of people forget that a big part of the megacrash was that oil and COVID lockdowns happened at the same time. I really don't think Russia and Saudi Arabia want to make a deal if they don't also kill US shale, which they can afford to because shale will not recover after being broken for years. But I think Trump and shale companies would agree and cartel up prices again rather than die off so we'll see, but that will mean later meetings than this week.

>>18328988
HOLD SQQQ THIS SHIT IS GOING CRASH

>aaaah that second coffee of the morning

Feels good man, who here /coffeegang/

>>18329000
You're either a retard, or a COLOSSAL retard, depending on when you bought these. This far out of the money, with trip 0s? You're fucked.

>>18329060
I am long everything I buy. Even BA lol

line go up or down today?

>>18328873
>The bottom is months away buddy. There's enough things to float the market for another money or two. The infrastructure bill, fixing the oil crisis, lockdowns lifting, better infrastructure to handle coronavirus, cases peaking in the short term, unlimited QE, etc. The bottom will have to wait until enough debtors start defaulting to bring down organizations.
This, imagine unironically thinking the a post-08 zombie economy is saved with this

>>18329032
>Oh my god dude I hope that isn't your whole portfolio.
Basically is. Bleeding fucking sucks, but I'm hesitant to liquidate and take up a bullish position because I believe there is a massive bull trap coming.

>>18329067
agreed. but there's that old quote, "the market can stay irrational longer than you can stay solvent." ive accepted that my bearishness is a mistake. im going to seriously adjust my investing style and read more

>>18329089
up

>>18328881
Yea, no. Things are still bad, and those "hopefuls" are maybes and delays so we can think about it later. At best. Businesses reopening is a big fat lie though.

>>18328882
It shouldn't be hard if people weren't retarded.

>>18328977
But why actually. Literally why. They don't HAVE to fuck over the rest of us to make money. We can all make loads of money together.

>>18329089
what is this "down" you speak of, this concept doesn't exist

>>18329000
Based retard

what should i buy on open? bearfag here, converting to bull. going to swap SPXS for SPXL, any particular stock you think will moon the most tomorrow? i need a winner here to make up for my fucking losses today

>>18329108
SQQQ

>>18329072
Russia would accept a deal if it involves America actually doing something beneficial for once, like leaving Syria, but they won't do that so thats out of the picture.

>>18329095
As long as you can discern gambling (speculation) and investing then fine. If you think what you are doing is investing then you are SOL and royally going to fuck yourself in the long term. I want you to succeed and I admire your risk taking but maybe make these contrarion positions with only portions of your savings. Sometimes a 2-7 will be a winning hand in Texas Holdem but I surely wouldn't go all in on every 2-7

>>18328849
Please don't reproduce.

>>18329099
>But why actually. Literally why. They don't HAVE to fuck over the rest of us to make money. We can all make loads of money together.
Because if jewing you over will make them one extra cent, they will do it every time

>>18329108
>bearfag here, converting to bull.
ah yes, the old strategy, buy high, sell low.

should i go all in on CAPRI? i feel like eTHOTS are the key to mooning right now. all the top performers yesterday were clothes and makeup companies

>>18329121
allready got a few chidren but I don't knowem

>>18329120
>As long as you can discern gambling (speculation) and investing then fine. If you think what you are doing is investing then you are SOL and royally going to fuck yourself in the long term. I want you to succeed and I admire your risk taking but maybe make these contrarion positions with only portions of your savings. Sometimes a 2-7 will be a winning hand in Texas Holdem but I surely wouldn't go all in on every 2-7
Oh, I absolutely understand that this is speculation. My original plan was to intraday SQQQ, but the more it bled the longer I held onto it. This is about 50% of my net worth, which looking back was dumb, but those SQQQ dips were so appealing.

>>18328988

Hello, me but American. Although I've DCA'd into BBOZ from 5% of portfolio up to 30% of portfolio over the past couple of weeks, so my buy price is actually pretty good now

>>18329143
>allready got a few chidren but I don't knowem
why are niggers like this /biz/?

>>18329143
Donate the kids to a non mathematically retarded father.

>>18329158
#hasthag you the one triggered you fucking cuck boy you just mad your girl isn't

>>18329169
https://youtu.be/SECVGN4Bsgg

Remember Bobros:
DIAMOND HANDS

>>18329068
Why those?

>>18329169
NIGGER.

>>18329116
Yeah, I really don't understand why Trump expects SA and Russia to make a deal that benefits the US the most when they sacrifice nothing. Though it could just be his usual art of the bullshit where he takes a retarded stance and backs up on all of it as a "negotiating tactic".

Also, I think this week we will dump back to 260 on Wednesday or Thursday after hitting 270 (most likely Thursday). EOW dump has been happening pretty regularly. Only the OPEC deal will throw a wrench in the dip though, as OPEC news is Thursday and will pump the market hard if it's made.

Also, if coronavirus starts spiking in other states (not NY and what not), I would be more crabbish about next week. NYC and Warhington might have it's light out of the tunnel right now, but a bunch of other states sure as hell haven't.

>>18329191
It's literally smarter to sell and rebuy into your positions because they will be cheaper and have less IV costs, plus you can choose safer strikes if you want for the same price.

>>18329191
kuma, i can't do it anymore. i don't want to live in a world like this.

>>18329077
Checked. This fucking clown market is killing me. Every time we get bad news it fucking goes up. I'm considering cashing out, would put me in a net loss of $7k and either staying out of the market or taking up a bullish position.

>>18329068
>pick one
yes listen to this man. Put all your eggs into one basket you cannot fail.

>>18329205
TRIGGERED #

>>18329140

>close all stores in america for the next 3 months
>announce all 7,000 staff are on unpaid leave
>this is +25% share value bullish

honk honk!

>>18329099
>It shouldn't be hard if people weren't retarded.
people are pretty much as retarded as they've always been, same FOMO and FUD, same greed and fear. But now there's computers that recognize the patterns, probably know exactly how to manipulate human psychology without understanding it at all. They just know how to buy and sell, and they've been designed to figure out how to do it ideally.

Besides. you're talking about how the market "should" be? Don't be ridiculous.

>>18329217
the problem is the crash will happen the minute you switch to bull positions

>>18329072
I'm not the options guy you were replying to originally, but what would you do if in my position? Cash out and walk away, or continue to hold and bleed?

Convince me that Boeing's stock isn't a Ponzi Scheme financed by the Fed.
Convince me that Uber's and Zoom's stock aren't regular tech Ponzi Schemes

>>18329235
Lol, exactly. God this market is fucking killing me. I have no idea what to do, I'm paralyzed.

>>18329213
>Yeah, I really don't understand why Trump expects SA and Russia to make a deal that benefits the US the most when they sacrifice nothing
because SA and Russia are hemorrhaging money with this oil war. the US's economy hinges much less on oil than theirs.
i don't like Trump, but he's right to play hardball here. we're a diversified economy competing against much more brittle economies.
the current regimes of Russia and Saudi Arabia literally cannot survive permanently depressed oil prices. for them, this conflict is existential. for Trump, its electorates in North Dakota.
we might as well draw this out to see what we can get

>>18329168
Show me where muh maff is rong you whiteboi

should I use the $7000 i got from crypto to invest in the alcohol industry ?

so today is the selloff i suppose

>>18329252
sitting in cash seems like a reasonably bearish position at this point

>>18329245
>Convince me that Boeing's stock isn't a Ponzi Scheme financed by the Fed.
ponzi schemes pay new investors with old investor's money. boeing doesn't. boeing actually has some revenue. and their congressmen will guarantee continued revenue for the foreseeable future

>>18329223
that's pretty much what a relief rally looks like, not very honkable at all. The market was pricing in retail shitpocalypse and maybe was a little oversold on the technicals

am asia unironically starting carry SPX o_o

>>18329264
A V shaped recovery does not have a selloff

>>18329255
Ok Captain Genius, if you’re saying it’s fucking up their economies, why the fuck do you think they started this war in the first place when it can tank competitive US shale

>>18329296
they're fucking up their economies shortterm for longterm benefits. they're gambling on this. they're risking so much more than we are

I love this market yes I do

>>18329252
yeah im bleeding badly. i think this little bull rush is fake as fuck and unsupported by reality. nobody is getting unemployment yet, the states are bungling the distributions, most people arent getting Trumpbux for weeks. no bills are beign paid, no rents are being paid. companies are going to be on freeze for another 2 months. corona is going to be a fear for at least another 6 months, nobody is going to rush out to crowded retail outlets or entertainment spots or vacations. companies are going to do mass layoffs next month becasue they have no revenue to pay for employees. plus everyone is going to be behind on bills and poor as fuck anyway. you cant just unfuck shit that quickly. NOBODY IS GOING TO BE AT MGM IN LAS VEGAS FOR THE NEXT YEAR. WHY THE FUCK IS IT PUMPING 30%

>>18329255
They don't need to survive permanently depressed oil prices. They just need to depress oil prices until US shale companies go bankrupt and the industry is ruined (which a majority of them are on the verge of right now). Russia and SA have larger reserves than the shale companies do since they're backed by the state, so there would have to be a literal bailout to save them. And Democrats aren't going to do that. They are not trying to kill the US economy but just US shale. And right now, it's working.

>>18329213
What about the phrase
>DIAMOND HANDS
are you not understanding?
>>18329214
Stay strong Yosuke

>>18329317
honestly true. you may have persuaded me. idk. elaborate your view on what you think will happen

>all this bobo cope

>>18329260
Why would you buy alcohol, when there is oil ?

>>18329315
I shaped recovery. Dow 33k EOM. buy now or get left behind this rocketship is headed straight to the moon.

WHY THE FUCK ARE EUROPEAN MARKETS OPENING GREEN

>>18329317
>s until US shale companies go bankrupt
its not going to happen, Trump already said they wont let that happen. they will just pass a trillion dollar bailout because oil production is a fucking national security issue. russia doesnt want soviet breadlines. literally 90% of their GDP is from selling oil, they cant and wont keep this shit up. they didnt realize corona was real or going to be so bad or they wouldnt have price warred

>>18329315
Fed pumping. Question I'm asking is, who will win? Jerome or Corona-chan?

>>18329336
shit you've persuaded me. other guy hasn't anymore

>>18328816
I got divies from sqqq and Jnug. I have no idea why or how, but I don't care, cuz free tendies.

>went from 35k to 10k during the panic dump in March, like 75% loss
>now up 50% from bottom
>It's just 15k
Huh? Is loss % harder than gains % or what? Shit isn't making any sense

>>18329332
fucking would not surprise me if TSLA went to $1,500 end of week

>>18329342
kek

>>18329340
I never understood this meme. Everyone who is quoting the BRRRR meme or the FED pumping anything hasn't understand QE or hasn't even tried too.

>>18329315
It’s out of speculation in COVID cases plateauing and delusional Bull logic that everything will go back to normal because Fed is desperately resuscitating this zombie economy from 08 without understanding that 6 mills of unemployment claims is really bad in the long run

>>18329099
Why wouldnt they? They didnt get to the position they're in by being moral agents.
We're dealing with psychopaths with a neurotic obsession with accumulating currency.

>>18329345
Kek, nice bait.

>>18329345
is this bait?

>>18329355
>I never understood this meme. Everyone who is quoting the BRRRR meme or the FED pumping anything hasn't understand QE or hasn't even tried too.
Explain it to us then, smart guy.

>>18329336
>retard literally thinks Russia is still in the 90s and hasn’t already diversified the economy to sustain low oil prices

>>18329345
mate, you have 100 dollars. you lose 75 percent. you now have 25 dollars. you gain 50 percent of 25 dollars. you now have 37.5 dollars.

>Asia blood red
>OPEC cancelled amid escalating tension between Russia, Saudi and Norway
Bears, it's time.

>>18329373
oil-and-gas sector accounts for MAJORITY of state revenues

THE FUCK HAPPENED TO THE FUTURES???

>>18329377
That's such fucking bullshit. It means losses are higher than gains on equal % and price rise/fall despite no change in stocks. FUCK this scam.

>>18329399
SuperNova Giga Bullrun

>>18329342
Trump also said they will retaliate against SA if they refuse to cut back on production. also SA are "allies" and they want our billion dollar tank and stealth fighter deals. they dont want to risk losing all that cuttting edge military aid and shit they need against iran, who is actively waging soft ware on them right now. technically a hot war, since if you recall iran launched missiles at SA oil refineries jsut a few months ago. saudis love our fucking high tech weaponry they wont risk losing that. SA also has more room to store than russia does. russia can sell some to china but even china estimates are maybe 10 million barrels a day in consumption for their stockpiles, which is nothing and wont last forever, estimates are china would only do this for a couple months until they are maximum filled on storage as well

world oil prices are not going to skyrocket after a deal on cutbacks is achieved keep that in mind. there might be a slight bump to $30 or $40 MAX from the estimates ive read but world demand is still too low because corona has shut down everything. and many countries are just getting started, look at south america and africa. its going to take at least a year before excess oil is consumed by one analysts account. i dont know just watch bloomberg news and cspan and read drudgereport to make your own opinions. Trump already told us that SA already said russia and SA were going to do more than 10% cut in oil production

OH MY GOD BEARBROS WHY IS IT POOMPING

>>18329417

isn't all this europe pumping a bit too much
makes me bearish unironically

>>18329399
Boris put in the ICU is bullish.

>+556
OOOOOOOOOO

>>18329344
fuck off tourist
at least keep your appropriated cancerous memes where they belong

>>18329355
correct, they do not understand. they don't get what duration means, and why repo wasn't really QE. They apparently don't understand what corporate debt is. And so many have heard that the fed is buying ETF's and assumed that means stocks, when they're etf's that only include corporate bonds.

They are just looking for a lazy excuse. I don't know how they aren't paying attention to the changing news, rather than the news that has been anticipated for weeks. They aren't actually looking for evidence that challenges their thesis.

>>18329421
Fuuuuuuuuuuck my SQQQ

AAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>18329399
Labor, revenue, trade, travel, payroll, inventory, capital, and returns.
These were all flashy variables that could change over time. Now that they have been removed we are no longer bound by them. We can finally reach DOW 50k EOW

>>18329399
And now you may rise...

Bearbros... I don't feel so good....

>>18329356
its months dude. its not like a one or two week thing. people arent going back to work for months. this shit devastates companies. banks and creditors right now are stretched thin and relying on fed dollars but everything is a shitshow at the local level right now. i tried to sign up for unemployment today and still cant, california hasnt fucking done shit they keep saying "waiting for federal guidelines" the fucking morons. its spelled out in the law. Trump was angry today and rightfully so. when a reporter asked if they plan to do another round of 1,200 Trumpbux he said yes, and this time it would be direct from the feds. he said they tried to do it direct with teh first round but pelosi and the dems wanted it sent to the states first (for obvious reasons). but i think this time Trump and the GOP wont capitulate, they will make it a federal disbursement. the states are too stupid and not set up to account for billions of dollars from a new source

>>18329355
Where does the FED with ZERO reserve requirements get the money to buy junk Bonds and MBS from?

please someone give me an example of bearish news

So how exactly do you exercise a call option on Robinhood? If it’s in the money, they exercise it automatically for you, buying your shares at the strike price, BUT ONLY if you have the buying power??

But if you don’t have the buying power, they’ll automatically try to sell the contract for you? Lol what the fuck?

>>18329329
US companies persuade Trump/congress to let them join the cuts and break/forgive their current contracts (because they're required to pump even in this shit economy). Alternatively the US tariffs the fuck out of other producers and forces the US to rely on US oil completely (which it really already does), but this just leads to counter tariffs and the loss of US market share (which is still good for Russia and SA).

>>18329336
US shale isn't vital for national security. There are better and more stable sources of US oil than shale (which only started propping up because of high oil prices). And again, it would require the dems to agree to this, who have already stupidly blocked Trump from buying oil for reserves. Trump can't magically get what he wants by acting like a retard. Tariffs would be the only way Trump could partially insulate the industry, but OPEC+ still wins in that case. And even though SA depends on oil, they have more than enough reserves and they are still profitable at low as fuck prices.

>>18329373
Russia's tax revenue is largely from energy industry (gas and oil), like just over 50%. Russia can still copy the US feds and print money though, although their shit handling of COVID might fuck them over.

>>18329355
QE still results in more liquidity which results in more money in circulation, even though they might not be necessarily printing more money.

>>18329464
>do another round of 1,200 Trumpbux
what the fuck? Where the hell is the first round I havn't gotten my trumpbux yet.

if we end green today we'll see a bigger rally due to big fomo, SPY 290 maby.

>SOARING BACK TO 23K
FUCK GOTTA BUY NOW

FUCK YOU BOBO, IT'S GOING BACK UP

>+600 near 700
I am about to throw up. Just going to go to bed and hope some sense hits the market tomorrow. I am holding my shorts until infinity loses if market doesn't fall, this is the most "bull"shit rally I have ever seen now multi-day. You cannot unironically be bullish in this, nobody even knows when we are going back to work ffs. If you buy into the rally tomorrow you are the biggest sucker the world has ever seen. I refuse to believe this is reality and will keep shorting until I see my gains turn green. Kiss my ass bullfags.

>>18329463
>>18329450
ITS THE FUCKING CRUISELINES WHY ARE THE CRUISELINES THE TOP MOVERS CARRYING THE S&P RIGHT NOW

NOBODY IS GOING ON CRUISES

STOP BUYING CRUISELINES YOU FUCKING IDIOTS. THEY ARE BANKRUPT AND GETTIGN NO FED BAILOUTS.

YOU FUCKING MORONS STOP BUYING CRUISES. NO CRUISELINES! THIS SHIT DOESNT MAKE ANY SENSE

>>18329412
kek that's a good piece of information to keep on hand, and I fucking hate it goddamn it I'm losing money. but you should learn that one early on.

>>18329372
do you even care? It'll be hard to translate that knowledge into gains, and even harder to turn it into lazy memes that win you reddirt gold.

>>18329496
i think I pumped the ccl alone by 10% by shorting it.......

>>18329496
HOLY FUCK IM GOING ALL IN ON NCLH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>18329496
>ITS THE FUCKING CRUISELINES WHY ARE THE CRUISELINES THE TOP MOVERS CARRYING THE S&P RIGHT NOW
Unironically Saudi jewgold

>>18329474
>who have already stupidly blocked Trump from buying oil for reserves
you have no idea how fucking pissed off this made me when i found this out the other day. i was fuming. all time low oil, we should be filling our strategic reserves and stockpiles. china is doing it. what the fuck is wrong with these demoshits

>>18329495
another one bites the dust

>>18329496
>he actually thinks stocks need underlying value

Wake up dude, these days are over

DAXpilled

>>18329496
AAAAAH FUCK IM GONNA FUCKING POOOOOOOOOOOOOOOOOOOOMP

Premarket green as a motherfucker boiiii

>>18329512
kek.
Imagine 3 years from now all cruiselines stop serving alcohol in order to conform with wahhabi Islam

>>18329474
Legit only option is to just tariff both countries and crush KSA to make them out bitch again since they’ve been uppity lately. There’s really nothing you can do with Russia at this point.


>>18329495
>unironically betting on chutes and ladders; the business game

Dude the stock market has gone off the rails delusional since 08

>>18329474
>And even though SA depends on oil, they have more than enough reserves and they are still profitable at low as fuck prices.
their problem lies with storage as i understand it. theres a point where they will start losing money because either they have to start buying and building storage, or they will have to start shutting down their oil companies which would cause problems with their economy as well. all those workers need a salary

>>18329496
The saudi pump
Also, the markets are too often unpredictable and irrational

>>18329519
unironically having underlying value makes a stock worse. if it has profits, we know what the profits are. if it isnt profitable yet, the profits could be ANYTHING. ill always choose the mystery box over the washing machine

>Boeing and BMW indefinitely stop production
>shares moon harder than competitors still making revenue

>>18329555
B
A
I
L
B A I L O U T S
O
U
T
S

bobos, it's fucking over
spy to 300, and IF it ever "crashes" again, worst it'll be is 260

hmmmmmm something is wrong, you can get higher margin on long positions than on short.......

>>18329578
Down from ATH + Dead cat bounce
Cope

>coffee

>>18329470
There are no good news /as a whole/ at the moment, every instance of positive news is just focusing on individual efforts against the virus as a whole to distract from the fact that 10 million people literally got laid off and rising in the US. Anything and everything else is being used as an excuse to help keep the algos propped up, be it from cutting oil production to getting past the peak. But at this point, it's just burying one's head in the sand and swearing nothing bad is happening while the stocks pump and dump on its own accord, oblivious to the fact that the bubble got popped.

In short, yes, the market is doing great now as it's been given cocaine and hard drugs to get the party up and running again. But until VIX goes near 20 again, there will never be a bull market, only rallies, and the stimulus done to prop the economy up is going to create fallout well into the foreseeable future. The DOW is still down 7k from its peak and that 1600 point swings are possibly the worst thing you can see because it's purely decoupled from any sense of reality.

Being a permabear or a permabull is fucking stupid. Do your research, invest wisely, and follow short-term patterns, not trends. Sticking to one camp and only doing calls or puts is stupidity in a volatile, manipulated economy. I gained $5k today purely because I took note of the fact that we haven't had a red Monday open since the very beginning of the crash.

Holy shit it keeps going lmao fuck bears

from german gov press conference about kungflu
>An easing of the situation cannot yet be assumed
>dax +5%
i hate this clown market

European Union Approves Bugs For Human Consumption

BULLISH!

>>18329479
>if we end green today
dow hits 30k today. trump arrests all short sellers and hangs them for treason.

>>18329611
Austria is easing, so is Denmark. Its speculative prediction like everything else.

>>18329608
Indeed, fundamentals haven't mattered since 2008. It'll eventually all crash of course, we're going to be running out of bandaids soon to try to stop the bleeding at which point the patient will have to go in for surgery, or die.

Don't play the market as if you understand it. Unironically the best way to play it is to gauge public perception about the immediate future.

>>18329608
>Being a permabear or a permabull is fucking stupid. Do your research, invest wisely, and follow short-term patterns, not trends. Sticking to one camp and only doing calls or puts is stupidity in a volatile, manipulated economy.
This

I was never a Bobo because it’s too doomposting or a Bullcuck because it’s too copeposting. If anything, I’m crab based on how utterly fucking stupid DJI has been. Stocks is literal kabuki theatre bullshit and I only follow them to gauge what happens next. For the love of god don’t waste your money because of some Faggot Bear or dumbass Green Redditjak

i hate stocks

>Dow 650+

>>18329264
bears sell off their last 2 dollars.

>>18329628

buy calls: get murdered by random crashes
buy puts: get murdered by random surges
sell options: get murdered by swings on the wrong day
whats the move here in a market this volatile and unpredictable?

>>18329636
>austria
they stopped counting and its suddenly ok

>>18329626
woah wtf
I read upon edible insects just a week ago.
Sadly there are many concerns

>>18329666
Daytrades
Everything else is a gamble
If you think you are being clever "DCAing" now you do it on Friday's near EOD

>>18329666

>>18329666
hold cash or buy stocks you want to hold forever

The Chad dax

Some fucking animal just bought 4.6m share of XOM so it might be a pretty nice day for oil fellas

>>18329666
maby adjust your entry points? sure not many people expected yesterday's move, but you have to be able adjust or roll your existing positions. I hope you are not just buying naked options like a retard, better gamble somewhere else.

>>18329191
Yeah have fun with that.

>boris cuckson in icu
>ftse mooning
kek imagine trump in his death bed pumping the market

Damn Bobo, what the fuck happened? I thought the dump was gonna be biblical? I thought it was the depression. I thought the everything bubble had finally popped with no survivors.
Hmm, I hope you closed your shorts lol

>>18329278
I have suspected that might be the case for about a week now. Not so much carrying but US following Asia instead of the usual other way round.

>>18329710
I unironically can see that happening, imagine the amount of “MUH GDP” shilling we’d get for that

>>18329718

>>18329399
We accidentally a bull market again.

>>18329666

>Dow 700+

>>18329696
probably saudis or russian gov operatives who want to profit off their insider intel

>>18329718
someoen screencap this dip and post his comment next month

I-i-it's not earnings till e-e-end of april. N-n-next leg down.

ok I got inside info, universities in china start next week, but students are not allowed to leave campuses till gov tells them its completely safe

>>18329666
Don't be greedy. <- If I had taken my own advice here I'd have raked in cash. If you're up 100% or even 60%, just take it and run. A new opportunity will reveal itself later.

this is so stupid
why are stocks up

BOBOS ARE YOU OK? Seriously I'm worried

>>18329800
It's priced in

good day to buy puts i guess. i guess buy SOXL and get some spending money for end of day puts

I drank too much water and my tummy hurts :(

>>18329800
U N L I M I T E D Q E
https://www.youtube.com/watch?v=O1hCLBTD5RM

>priced in
I hope to god whoever shilled for this shitty meme has gotten Coronavirus and buried in a mass ditch because of how fucking stupid it is

Bobo here, Bobros it's possible we'll be going up for weeks or even months, it's irrational and "unlikely" but that doesn't matter.

I sold my puts.

Bulls won this battle but they will lose the war.

>>18329802
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAvAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAvAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAa

>>18329838
Based and priced in pilled

>>18329800
The entire economy was given the strongest drugs the fed could buy. Right now, it's entirely decoupled from any sort of actual procurement of goods and services as can be. It's all hopes and dreams, but even the Great Depression had insane bullish swings and rallies during its descent to the bottom. Whether or not we're mapping closer to that or more to the '87 crash has yet to be seen, however.

>brexit vote successful
>few years pass
>boris finally pushes through
>dies a year later
>markets go up on non brexit hopes
Now imagine if they turn brexit back. The biggest fuck you to society possible

>>18329838

I can't believe bobos actually managed to convince themselves that "priced in" was a meme rather than the inevitable effect of a free market

>>18329813
Knife catching a short is still knife catching. In order to short properly you need evidence of flagging momentum first. Not 'i think this rally is stupid therefore i'm shorting'.

>>18329838
Priced in has been a trading meme since before you or I were born. And I'm old-ish.

>>18329861
>free market

>>18329771
Screencap this: the coronavirus dump was a smokescreen for Wall St. to shake toilet paper handed fools out of their shares. We're going back to ATH before you know it and for those of you that sold or didn't buy when you had the chance, try to catch the next one. If you're lucky the pro boys might shake the tree during the shit earnings season to give you one final shot. If so, don't blow it

>>18329861
Privatize the profits
Socialize the losses

I am financially runed.

sp500 is already 2720 on LSE
just remember what we told you yesterday, SP500 will never fall below 2600 again
and also SP500 3000 EOW

BEARY ARE YOU OKAY?
ARE YOU OKAY?
ARE YOU OKAY BEARY?

>Bojo in ICU
>FTSE up 2.5%

>big boys fatten the bulls during the week
>feast at end of week

what I learned from this - just day trade bro, dont leave yourshit overnight

>>18329889
It was actually invented by the ancient Egyptians

>>18329953
ooohhhhhhh no, a completely irrelevant and replacable cog in a machine is breaking, what do now :(

fuck my life.

why cant options trading just be like 22 hours a day like futures.

Id dump a grand into USO call options about 2 months out with a 7 dollar strike.

Im gonna dump another grand into carnival call options about a month out, $15 strike.

easy double ups. and then sell.

>>18329953
Not even gonna lie. Most Europeans would see this as bullish since no brexit leader

https://www.youtube.com/watch?v=HIrKSqb4H4A

Hahahah

What we looking at bois?
Tue - Green/mild green
Wed - Crab/mild red
Thu - Red
Fri - Closed

>>18329977
how much in total did you make on the stock market?

Hello frens. SOXL is the answer. Face it; semiconductors are crack in all but name. The desire for newer, faster, more is insatiable. Computers, GPUs, self-driving electric cars, AI enhanced smartphones, medical devices, microcontrollers, networking gear, machine learning, surveillance, infrastructure, military, the list is endless. No matter how many cores, how fast or efficient, demand requires bigger, faster, cheaper, better. The clamor for fresh silicon gives nary shit for national identity, creed, hue, gender, asshole virginity or other vain conceit; the multitude speaks in singular. The plea: semiconductor.
SOXL couples a single ETF entry point with the the best companies the space has to offer then pushes these already stellar returns to the limit with 3x leverage. With SOXL your economic interests are aligned with powerhouses TSM, Nvidia, Qualcomm, Intel, Broadcom, AMD, Micron, Texas Instruments, Applied Materials, et al. Real tech companies with innovative products people want, not """tech""" """companies""" pushing shitty ads. And like all leveraged ETFs, SOXL is rebalanced daily, deftly mitigating margin risks.
Aside from the coronavirus meltdown, SOXL has exploded over 55x yet still we are early. Semiconductor growth will proceed exponentially until every viable space is saturated with it. This is a fait accompli; the sheer number of interested parties and compelling outcomes make it so. The injection of increasingly compact and efficient sensors, microcontrollers, information processing and storage into everywhere and everything will be this era's seminal revolution, a revolution with SOXL holders planted firmly at the receiving end.
Stop waiting for more "pullback". The crash was a gift but fretting over the exact bottom is meaningless. Deliberation is over; waiting is a failure mode. Now. Buy it now.

>>18329925
same

please crash today

repeat after me faggots
THE
SP500
WILL
NEVER
FALL
BELOW
2600
NEVER
EVER
AGAIN

>>18329078
Third

>>18329838
just remember when they talk about dumb money, they're talking about you

>>18330003
You mean never below 2700. Right?

>>18330002
No.

>>18330008
yeah probably

>>18329977
the first week i took $1400 to $12k. Now sitting at $27k.

I bought 5 put contracts on SPY at $333 the thursday before it dumped(that following sunday/monday)

I am almost 7% green. I haven't sold anything for 2 years. Where is my fucking crash. I want more buying opportunities. This was a fucking nothing burger crash, although Western World is under lockdown and people are dying wtf.

>>18329696
>XOM
Where ?

>>18329986
Total? like lifetime or during this dump?

Ive made $27k since the first dump. in total, lifetime? probs 130k-ish.

anyone here holding vixm?

>>18330020
>the steepest crash in a century
>noooooo this isn't enough :((
in 10 years another recession will come so don't miss your opportunity like just now you retard
good luck!

>>18329814
NO!!!!!

>Italy talking bout the worst being in sight, easing lockdown
>Japan declares state of emergency
>Boris sincerely might die
>Infection/death numbers in the US outside NY not stacking up, maybe even bullish
Wtf to believe @_@

here's a hint: the prices are still low and you should buy more

>>18330008
yes it will. it'll hit 2800ish later this week. maybe a wick to 2850. and then we'll start a slow decline back to 2550. and then its gonna get boring and we'll crab for a while until the numbers start coming out and you'll get dumps.

These businesses that are closing permanently are not reopening. thats going to ripple throughout the economy. No way were going back to 4% unemployment. 7 to 8 percent easy. and if this corporate bubble starts popping, that could spiral out of control.

>>18330028
130k with what capital and over what time precisely?

im about to put $300 into UGAZ, good idea?

>>18329987
To late to buy? Or will it dip before the end of the month like everything else?

I can't believe that the pandemic is fucking over bros..

>>18330055
cope harder doomer
not even .1% of businesses bankrupted lol

>Boris stays at home, just to be sure
>Boris goes to hospital, just to be sure
>Boris takes some extra oxygen, just to be sure
>Boris is in intensive care, just to be sure

I hope the lad's going to be fine, but this sincerely looks bad.

>>18330067
>To late to buy? Or will it dip before the end of the month like everything else?
Earnings season being fucked ought to give us another good dip. At least I hope so

1200 shares of SQQQ. I don't know what to do. Fuck.

>>18330080
>the lad
Why do you talk like this?

>m-muh literal-who-Boris
he's a completely replacable cog in the machine, if he dies there's thousands of identical cogs who can do his irrelevant job

>>18330058
3 years. never traded this much tho. with all this shelter in place bullshit, ive been able to really stare at charts and time my entries.

>>18329844
Bobo, I..

>>18330020
-35% drop in one month is not a nothingburg crash.

https://youtu.be/O1hCLBTD5RM

>>18330082
What’s earning season?

>>18330093
stop holding fucking triple leveraged ETFs for more than a day like a tard, cut your losses dude

>>18330067
Buy now before the I shaped recovery. It's straight up from here.
>source: trust me.

>>18330041
I'm not going to make it.

>>18330127
>cut your losses dude
as soon as I do that, its gonna crash

>>18330125
"Earnings season" refers to the months of the year during which most quarterly corporate earnings are released to the public. Earnings season generally occurs in the month immediately following the end of each fiscal quarter. This means that earnings seasons typically fall in January, April, July, and October. April and July are gonna be particularly ugly since the shutdowns

>>18329645
GTA V World

>>18330149
PRICED IN

>>18330074
1 in 6 corporations cant even pay the interest on their debt you fucking retard.

Boeing has 57 times as much debt as cashflow. FIFTY SEVEN TIMES AS MUCH DEBT AS ANNUAL CASH FLOW. Ford has 15 times as much. And if they dont get MORE credit(bailouts), they're going to start layoffs. And it will hurt.

>>18330163
listen buddy, any country would rather have their currency inflate than lose their precious infrastructure of businesses
the businesses will NEVER be let die

>>18330156
You wish. The markets are dumb and irrational. and when they see all these companies on the borderline of bankruptcy, oooooooh shiiiit.

if you don't think bad earnings are priced in you should probably quit the stock market

>>18329078
>Comfy /coffegang/

Since I cant go anywhere Im instead gonna use easter to drink coffe, read up on investing, market news and set my strategy for the future bull market

>>18330182
Lol, you can hyper-inflate the currency all you want you perma-cucked bull. It all comes crashing down eventually.

The gains have been easy and society will pay their dues eventually.

>>18330209
this is still the bottom
let's see you in 10 years when SP500 hits 5000ATH lol

is it better to buy SOXL or AMD with the same money i cant decide

PUMP ET SO I CAN DUMP MY BAGGIES BEFORE THE NEXT DUMP

>>18330227
there will be no dump, sorry
virus is over
all that's left is smooth recovery

>>18330227
Next dump will be on friday, not one day earlier.

>>18330191
how can you be so braindead and think the market hasn't reflected bad earnings yet? estimates are already out.

>>18329987
Also, anon, aren’t leveraged ETFs only good for speculation and a bad investment for the long term?

>>18329900
This is unironically the chad portfolio

>>18330250
Here's something I wrote a while back regarding this very point. The percentages need adjusting but the main idea stands
SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment, you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains today.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse, doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity.

>>18329388
>OPEC cancelled amid escalating tension between Russia, Saudi and Norway
Fake news.

>>18330307
Thanks anon, very helpful. Do you have any suggestions on leveraged ETFs to buy for a sub 10k portfolio. I thought of buying in on ETFs with a substantial part of airline stocks.

when ist the opec+ meeting/decision?

>>18330307
>throws shade
yikes

>>18330378
I'm about to crash but I'll type this quick. There's a thing called volatility decay and it is real but don't let it deter you completely. If you're going to buy leveraged ETFs, stick to ones based on broad indexes and certain sectors like tech or semiconductors. Stay far away from commodity based ETFs like any based on oil or gold or whatever else like that. You will lose mo ey on those. You want to look at ones like UPRO which is based on the S&P, TQQQ (based on the Nasdaq), TECL (tech sector), SOXL (semiconductor companies). If you want to play things a little safer, maybe consider SSO since it's only 2x leveraged. Also throw in some TMF, a 3x ETF based on bonds for diversification. Good luck. Dips like this are the best time to buy

>>18330428
thursday but possibly anytime now trump said they were very close.

>>18330453
im about to buy tecl and soxl for tomorrow, but the weak futures has me worried. i dont think we will see a crazy rally like yesterday, futures are only half of what they were yesterday

Reminder to sell your shorts during this bounce
>>18330307
Now look at SPXL

>>18330456
Russia has also talked about being fine with cuts. And SA is a weak american ally. They can be forced to do things.

Will stock markets plummet if BoJo kicks the bucket? If I execute a trade now it will go through tomorrow morning I think - so if BoJo dies in the meantime, does that mean I'll have locked in a great price?

Here is a comparison between SSO and s&p500.

>>18330469
There was no volume yesterday and there won't be any today. Just ride this weird fake bounce up and sell in the fall.
Bullshitters and Doombears need not apply.
>>18330480
Unironically BoJo death would cause EU stocks to moon since then Brexit would die with its last actual crusader.

>>18330438
This guy is throwing shade on a helpful and highly upvoted post.
well stranger, I'm not giving you gold for this post, sir.
Downvoted. I am literally appalled I will be posting this on my twitter.

Why would I invest in a market that is being kept alive by the fed? It makes me feel at unease that the price of a company is complete detached from the share price.
Same also applies to shorting a market that is being kept alive by the fed...
So what should I do?

im sorry for doubting the bullrun
please dont take any more of my money

>>18330565
Get a job maybe?

>>18330565
In the same boat as you anon. I'm probably going to sell SQQQ tomorrow and buy some bullish shit.

Limit up hit in a few minutes

>>18330575

Question, instead of halting trading whenever a circuit breaker has been tripped , why not freeze the market price instead, that way sellers can still get out without losing much money and without lowering the value of the asset?

>>18330669
I'm torn between answering your question and pointing out how incredibly dumb it is.

>>18330669
who's going to be the buyer at that price?

>>18330698
>>18330690
It's literally the same as halting trading , if no one wants to buy then it's just there. What I want to know is why not do it this way instead of totally stopping everybody from doing anything?

Why is the thread so slow?

>>18330715
You are way out of your depth if you have any money in the market.

Go to investopedia and learn what the stock market is.

Should I sell this or can the DOW go up even further? Bull certificate 15x leverage.

>>18330721
Bump limit. Need new thread

>>18330715
LMAO. you can't freeze the price unless you hold buyers at gunpoint and force them to be willing to purchase a stock at a certain price.

>>18330728
>N-no y-your dumb!!!
I've yet to lose money in this market in my humble 2 years of investing. Now if you don't have anything smart to say then shut the fuck up and don't ever reply to me ever again smartass.

>>18330669
>>18330715
the futures market works like this, where trading is not halted but rather it goes limit up or down. people can still participate, but you will notice there is extremely low volume because the market has moved beyond the limit price, it just won't show up on the chart.

>>18330766
>>18330766
>>18330766

New dubs

>>18330754
Yet you have no clue what it is. That's comic relief.

>>18330786
That's ironic since I've yet to hear anything intelligible coming from you.

>>18330698
Someone or no-one. It's not inconceivable that someone would buy at a halt-price. Not that I expect volume to be high.

On somewhat related note, why not just make it illegal/impossible to sell at a lower price than you bought something? It sounds ridiculous, but in practice it'd be better than what central banks are trying to do now. It would mean panic-price drops would be impossible. Everyone would have to think long term. If a company is worthless, there is no selling it, you go down with the ship, so you have to think about the investment seriously. There is no short-selling. It's a pyramid scheme that is supposed to go up with inflation.