/biz/ - Business & Finance

Just finished setting crossing alerts for JNUG so I can get the hell out as soon as I'm ITM. Fuck this meme roller coaster. I haven't lost money, but I don't have time to intraday this bullshit.

Should I buy BAM or BIPC? I already have a little of both

imagine not going balls deep in amzn puts

>>18468429
Please drop, I need this

>tfw tempted to buy leveraged long oil ETF
How retarded is this?

>>18468408
I was up so much today but didnt sell at peak and now am back in limbo =/

>>18468421
Be saved by the fat divvy.

Why shouldn't I invest in companies like MFA when NYC real estate is at the bottom right now?

>>18468437
I'd wait a week or two.

>>18468429
It's going to be a fakeout, the frenzy isn't over yet.

dildo STRONG

>>18468437
It could work If Donnie Somehow forces everything to reopen by may 1st, or it looks that way.

You have to go for a really far expiration tho

>>18468457
I’ve been saying this too but I got my feet wet a bit today because I don’t want to miss the jump.

I went all in on oil...
I don’t feel so good.

THE PAIN WON'T GO AWAY.

>>18468437
You'll probably make money however note that leveraged commodity ETFs unlike leveraged index ETFs are notorious for decaying to nothing no matter if the direction is right or wrong since commodities are notoriously volatile which is a leveraged ETF's worst enemy due to the daily rebalancing. The next issue is oil is in contango and every time the ETF switches futures contracts to the next month it naturally loses about 10% since this is how much the next contract is priced differently than the current contract.
What you really should do is buy calls on XOM

>>18468482
double down man it will work this time

>>18468482
>USO call
USO needs to permanently be added to /smg/'s shit list

My gramps once apologized for my family not having any money on thanksgiving.

He said that in WW2 there was a scam when you were stationed in the UK. You could exchange your dollars for pounds from grey market street dealers then come back to the base and exchange your pounds for dollars at a better rate. You could repeat for infinite money. He said he spent his money on pussy instead.

In short, buy TMDX.

WHAT THE FUCK WAS THAT?????

>>18468474

States are already signalling that stay at home going into may

>>18468482
If you can't afford to lose 7% of your investment in a single week you shouldn't be in the stock market right now

>>18468437
why? oil will be the last thing to rebound despite the huge pumps things aren't certain yet.

>liquidate my puts and buy calls
>futures red

please dump I just want more tim apple for cheap

>>18468499
Arbitrage is never infinite money, but yeah your gramps fucked (literally)

niggers committing crimes is recession proof! long GEO

>businesses with no revenue
>banks with no earnings
>cruises, hotels, and airlines with no customers
This rally is really fake and gay but is it going to stop being fake and gay before Friday? I want to short but don't know what is going on.

>>18468523
They're always red at night, Jerome goes to sleep and the printers turn off. 2900 spy tomorrow

>>18468523
I was about ten seconds away from doing that before I came to my senses and gained some confidence.

You guys and your fucking golden bull run fed memes poisoned my brain, I'm glad I listened to my gut and kept my puts. I see why so many investors refuse to listen to other investors' opinions bout shit.

>>18468474
Oh, yeah long etf seems the way to go, you can wait a bit to see if we crash further

>>18468487
Just checked and May '20 crude futures = $20, June '20 crude futures = $28. Buying leveraged ETFs on oil is gonna be a bad time

>>18468523
Thank you for your sacrifice

I'm tired of 2% gains, gimme a stock that will supernova tomorrow.

Ayy Canabros, what's your shortlist for tomorrow?
I'm watching
TECK.B
DOL
APHA
IPL
FM
LUN
MFC
For max 3 days-to-bull.
Any other canuckistani swinggies UP?

Reminder SPY 300 EOW

>>18468566
RTX

If I get a margin call, I get a margin call.
I'm not going to let it stop me.

>>18468566
Just gamble on options

Fuck, I figured out a way to transfer stocks to my TFSA from my Personal Account, but it's so fucking stupid that you have to do it this way

For reference, you can't transfer funds OR stocks between WealthSimple accounts. It's absolutely retarded. Would not recommend unless you absolutely must.

>Sell whatever of my transfer is highest relative to itself (RSI) stocks on Personal Account
>Transfer money from Chequing to TFSA
>this takes 3-5 days
>Buy whichever of my transfer stocks is cheapest
>Transfer money from Personal to Chequing, this takes 2 days for the funds to settle and another 3-5 days for the transfer
>Have to do this $200 at a time because that's how much liquidity I can spare from my chequing because I'm actually a turbopoorfag
>Always turn a profit so the Canadian wash sale rule doesn't apply

>oil 2nd futures mooning
hmmmmmmmm

>>18468547
>normies hearing the news about stocks so low and getting in with their money because they believe in going back up

>>18468546
I'm in only because I would like a free $50 on 4/16 and I really, really hate black people.

What's to stop GEO from dumping the next time there's some bad press about them treating all of the future rocket surgeons badly tho?

>>18468406
Haha meme stock goes up

so 2,407 people died from wuflu today in america. Which is close to the most in a day. What exactly was the point of shutting everything down again? trump last press conference was very akin to bushes mission accomplished shit. None of it really makes sense to me anymore.

>>18468582
based and chadpilled

>>18468479
I bought a Canadian pipeline on TSX. I shouldn't log into questrade for a couple of months.

>>18468470
All the red dildos are strong it's that week green dildos take us up faster. And it's still just cashing out, no reason to believe this isn't gearing for another pump.

>>18468499
That's ok, one time during the great crypto boom I saw the price of bitcoins was less on Bitfinex than on some other exchange compared to the tether. So I exchanged everything into bitcoins on Bitfinex and sold, then moved everything to the other exchange and re-tethered.

>>18468567
Unironically BAM, even better buy for Canadians, maybe not tomorrow though.

What's a good inverse leveraged ETF for small businesses?

>>18468585
How long do you hold options if you're certain they'll keep increasing? Like what math do I need to know to be able to calculate if its better to sell my call now, without worrying about option decay, and buy new options with the profit, or to sit and let it increase

>>18468587
I have no clue what I'm reading anon. How about you describe what the fuck you're even doing?

>>18468585
This dude. If you buy stocks you're looking at 3% on a good day (now) or an incredible day (normally). But with calls you'll move 30% or 300%. Or you'll lose it all! It's the great game of stocks!

>>18468598

weather forcasting deaths, flattening curves

less to do with it stopping and instead killing peak runs on the system etc

deaths are literally priced in

>>18468487
>>18468558
>>18468474
Very good points, I'll rethink that. I suppose I was just hopeful that the current low price might bring about a somewhat steady increase for a while. Of course I wouldn't risk waiting until a return to $50-ish, would get out of it relatively soon.

I'll just watch it closely to see if there's a better time to get in, if at all

>>18468610
i basically reverse arbitraged and paid so many fucking fees.

>>18468615
IJR. I already have puts, please buy them from me, thanks.

>>18468598
government says its fucked but in a positive tone, like oh good only 2500 people died today, we're almost done, so normalfags don't worry because they're too retarded to do math

>>18468482
SPY $223 Put

>>18468617
Trying to move stocks from one account to another on a platform that doesn't let you transfer stocks OR FUNDS between accounts

>>18468598
NY isn’t the only place on earth.
Some places are better off.
Also this isn’t a complete shutdown.
You can still go to the grocery store in most places.

>>18468622
okay so you flatten the curve to just make a steeper curve?

>>18468482
>VXX 68
>SPY 223
You have to admit these were a bit of a stretch bro.

>>18468594
comfort in the fact that the states that would do such a thing are also the ones that will not allocate budgets to build state run prisons

How crazy are returns on options?

>>18468648
you need reason for people to be fat to get curvy.... if the economy is too skinny it will never be curved at all.

>>18468674
as crazy as the losses

https://www.oaktreecapital.com/docs/default-source/memos/knowledge-of-the-future.pdf

Mandatory reading from from the man. Gets the mind thinking. He doesn't tell you, he asks what you think will happen.

What's the game plan tomorrow for RTX, bros?

>>18468490
I'm still trying to decide my next move so I don't fuck up again.

>>18468497
Not sure if I agree, but okay.

>>18468509
I'm doing better than most people, my income made me ineligible for Trumpbux and I am still employed. I'm ultimately complaining about play money.

>>18468640
>>18468663
I THOUGHT IT WAS GOING TO DUMP BIGLY ;_:

I've been looking at nontraditional stuff since the Fed went and bailed out the junk bond market. Should I be buying into mortgages and REITs in case the Fed goes and bails out the industry? I'm not familiar with how badly they are doing. Should I wait until near the end of the month for that?

>>18468674
options are pretty 0 sum.... the contract its literally a 0 sum game since you've got long and short ends.

>>18468648

less steep, they're longing the death cycle to buy time to make vacc/antidote and hopefully prevent a 2nd cycle or a run on the system since america operates on a high efficiency patchwork where most critical go to the top and rest get lesser standard of care.

Its same reason they're constantly worried about capacity, our medical system is a lean machine compared to the rest of the world which is why its most expensive but we also draw most skilled physicians across the entire world.

i missed the bottom again bros. wtf do i do?

>Trump talking about opening the country

Yeah, markets are going to rally tomorrow.

>>18468614
>maybe not tomorrow though
Exactly, no point mentioning it at this point then.

>>18468616
Theta decay turns exponential about 10 days from expiry, I wouldn't buy or hold anything past the 2 weeks myself but it's up to you how hard you want to gamble

>>18468688
RTX isn't a daily stock, it's a 2+ year hold.

>>18468701
Markets will rally because it's too dangerous not to, the moment AMZN, TSLA and all that meme shit stalls people start cashing out and round 2 begins.

>>18468696
wait for the next crash and then miss that one too because you're a pussy

Finally filed my taxes. Made less than in 2018 for reasons. Now I actually get to write off 3K in student loans AND get just under the full 1.2K trumpbux? I'm so happy, i'm like a pig in shit.

>>18468696
Bottom? We can't even see that far down!

>>18468674
I think they're pretty crazy. They fluctuate dramatically on relatively small moves in the actual stock price they are cheap (but you risk everything...). For example I made $400 dollars on buying 1 put yesterday and all that happened was the stock dropped from 72 to 68. Normally that doesn't happen but it's a wacky week on wall street!

>>18468696
wait 5-10 years for next dip.

>>18468704
? Just said that because I think there is further downside to the market as a whole. If you're bullish, by all means, buy.

>betting against the bull
Who else got fucked? I've lost everything.

>>18468719
Have you looked at it lately?

>>18468713
Can you post Youtube videos to help us retards to learns options?

>>18468616
>zero replies

>>18468670
Geo's been my single best performer since I bought the dip. Should have put a LOT more in there. Their problems are mostly political. People are always going to break laws.. There has to be a place to put them and states aren't stepping up to it.

>>18468756
You can still sell your long positiion on your anal virginity.

>>18468756
how much did you lose

>>18468479
What did you buy? MRO? HAL?

>>18468756
I liquidated everything today to bet against the bull... Looks like I'm going to make it fren.

https://twitter.com/elerianm/status/1250166321439838208?s=20

Holy shit based virus just took emerging markets out back and raped their dead corpse.

>>18468762
EVERYTHING is a shitcoin right now, even long hodls. But underlaying all that fun volatility is a quality defense stock at a great discount. It's peak value.

>>18468674
>>18468741
Is right. It usually doesn't work this well with options. The rate of change of how quickly its going up or down is one of the biggest factors for price, so these days when a stock moves 5% a day, the options price changes like 20%. I bought a call on slb at 15, and it went up to 16.3 the next day. Option went up like 70%

>>18468616
Just scalp a cheeky 10-20% and then sell it, unless you have some in-depth knowledge of the company or industry.

>>18468510
Or oil will be the only thing to survive if the stock market gets slaughtered and oil prices spike

>crude futures
oh holy fuck, this does not look good
if you haven't gotten out of oil already do it right fucking now

Frens, my contacts have informed me they have good reason to believe tomorrow will be ugly and these particular contacts are rarely wrong. Cap this and trade accordingly

>>18468767
GEO has been good to me (28%), but the star of the show thusfar is MAIN (46%)

>>18468696
I dunno lol

>>18468499
This currency scam is common in third world countries with fixed exchange rates

>>18468806
Oil is up like 1.5% dumbass

>>18468806
That sounds like a buy signal to me. Has RDS.B fallen yet?

>>18468615
The inverse Russell 2000

>>18468821
uh wherever you're looking is wrong or you're looking at the wrong things

>>18468749
It's because as I stated in my first post, I am speaking in the short-mid term. I'd never be caught dead holding half the companies I listed for more than a week, likewise BAM is not something I'd buy tomorrow, but in the longer term is another story.

>>18468796
This fucking virus is going to do nothing but moon all the big zaibatsus' global market shares in the end, isn't it?

>>18468808
Capped

>>18468796
Those countries are over run with malaria and have so much hydroxychloroquine they won't have a massive outbreak.... The bullshit they're facing is developed countries are too busy trying to rebuild that they don't have capital to invest in a country that can't figure out how to have ubiquitous running water.

>>18468408
>>18468670
>>18468594
>>18468767
fuck, need to get me some geo to prepare for the beautiful upcoming summer we are prepping to have

Brent is down, WTI is up

>>18468437
I don't know if that's a good idea or bad, and personally I am considering cutting a loss on it here. You should be aware of the reason why oil price slipped today and during futures this evening, and it's not about the supply glut specifically. Saudi fucking Arabia betrayed the spirit of their own pet OPEC deal within 24 hours of making it official. They decided to sell oil to China at a discount, sell at same price to EU, and INCREASE price to the US. This is pretty much spitting in the face of the west immediately after shaking hands in peace offering.

Trump now has a decision to make. Step one is whether or not to tariff Saudi oil to the tune of at least 25%. I think for oil to briefly touch the high $20 range again this month there needs to be high likelihood of that and rumor of more to come. If Trump does nothing, oil will plow on down in to the teens in less than two weeks.

Actually, one thing that's made me start thinking that US stocks won't go down is how overseas markets are faring.
Literally where else is there to go? As bad as coronavirus is for the US, it's a 100 times worse for emerging and Europe was always a joke even before this started happening. That leaves China, who recently had multiple high-profile corporations be exposed as cooking their books.
Literally where else is there to go at this point?

ASX dumping

>>18468243
>implying literally everyone doesn't already know that
>>18468086
>implying there's such a thing as journalism without a bias
What do you guys do, only listen to news outlets you agree with 100%? Only get your news from your uncle's newsletter emails?

I bet you faggots just get your news from facebook, fox news, /pol/, and twitter.

ALWAYS READ WITH THIS IN MIND: What does the writer/publication want me to think?

(Also useful, HOW are they trying to convince me to keep purchasing their publication? Do they try to make me feel like they agree with me?)

BVLL. BVLL. BVLL!

>>18468854
What's a good source to learn about shit like that earlier than 10PM stock market time?

>>18468831
Where the fuck are you looking at.
>>18468832
Ok, fair.
>>18468845
HCQ lol, even if that shit was a cure there is no way african countries distribute that shit, it's africa.
>>18468858
Cash? Bonds? Shorts? Swiss banks? Real estate?

>>18468796
I wanted to bet against foreign markets like india but INDA literally tracks SPY more than the indian market.

>>18468882
unironically oilprice.com forums. Bad advice abounds there like any trading discussion board but they are the fastest on news.

>>18468696
Invest all your money in MFA financial like I did. I thought it bottomed out. I've lost so much goddamn money I'm not even upset about it anymore. I'm just watching my completely undiversified portfolio absolutely plummet and masturbating. It's kind of liberating once you can sexualize it. It's like I'm a paypig for hundreds of Wall Street bankers. It's kinda hot.

>futures are red

jesus save us from this madness

>>18468905
Degenerate.

>>18468858
In a recession the logic is they'd be out as people don't spend as much. When people don't have next month's rent and try to get it by betting this month's in a market they were assured can't crash again then you know things are fucked.

Goldman Sachs earnings tomorrow, going to be fun.

>>18468913
Get crabbed on.

>>18468632

Are dweebs really paying money to this busted over the hill bitch??? Men whi do this should be publlically humiliated for promoting thottery.

>>18468854
>whether or not to tariff Saudi oil
Lol
A US president, let alone Trump, would never do anything besides fillate saudis

>>18468905

>>18468913
Red futures = Another green day tomorrow

>>18468939
MBS is a fucking cunt. Fuck that asshole

>>18468931
More bad earnings mean more pumps bro

>>18468913
Wednesday and Thursday are the Bull's domain.

>>18468941
Fuck, kill, marry

>>18468854
Wait what the fuck? WTI is at 20? What the fuck did the saudis do?

Weren't these guys bullish 2 days ago?
https://www.nytimes.com/2020/04/14/business/bank-earnings-jpmorgan-wells-fargo.html

>>18468939
>>18468950
Remember when the saudi's killed a us journalist and nothing happened? Remember when saudi trainees shot up a US military base and nothing happened?

Fuck the saudis

>>18468876
>>18468243
>>18468086

So OF COURSE the economist were in the Remain camp. OF COURSE they were against Trump. And of course they were against Bernie and Warren.

The publication is funded by the mega wealthy pro-business fucks and it mostly panders toby well-off people. They all want STABILITY and business as usual. Yes, that means continuing with the move towards globalization. It also means some taxation and regulation are good, because they benefit big business by creating barriers to entry.

I'm not saying The Economist is my friend. I'm saying they provide quality information about varied topics that other publications don't cover, and that their bias is fairly transparent.

Also, they wrote some amazingly based and redpilled articles about prostitution and how to raise transgender children. (They even had some research to demonstrate that most kids who say they want hormones to transition do NOT want to transition once they develop into their teens and adulthood.

>>18468854
Are you really this surprised? Do you not follow anything geo political coming out of the ME?

I fucken called it a week ago. The deal fell through on friday because of mexico, then they rescheduled and came to an "agreement" a few days later. SA has no other goal other than to cripple the shale industry in the US and the only way to beat it will be war.

>>18468973
>US journalist
alright now I know you're from reddit

>>18468799
yeah, but it's kinda bearish in long run leaving it to the states since you're going to get a fragmented response

>>18468854
>>18468882
>>18468903
You nerds missed the optimum buy in point, which was about a month ago. If you bought then you'd be solidly green. If you're not day trading you need to be long on oil. You can hedge nicely against oil price drops by investing in oil storage.

>>18468966
>Weren't these guys bullish 2 days ago?
Yeah, they suckered the boomers into a pump and dump that they are now going to short.

>>18468985
>unironically defending saudis

>>18469000
where did I defend them? I just don't cry crocodile tears for various brown people chopping eachother up

So do we have to wait till May for the jobs report for the stock market to reflect the economy?

>>18468396

what will be the death toll in new york?

>>18469031
100% hopefully

>>18468973
anon don't say that...
Remember when Tulsi raised that point and wrecked her chances of a future in DC?

>>18468939
it's fellate just so your internet bantz make more sense

>>18468546
Recession proof, but not pandemic proof. Prisoners are being released early, and crime is actually down for now.

>>18468808
Are you worried about your paypigs?

>>18468598
The reality is that elites and Trump tram really do not care about your life. They bash China so hard for lmao Chinese is just death numbers. But they themselves do it exactly the same and these trumptards don’t see it as a problem at all. Look around. These fuckers curse your fellow citizens to die because it’s bullish for freeing up the pension fund.

https://oilprice.com/Latest-Energy-News/World-News/Oil-Falls-As-Saudi-Arabia-Launches-New-Price-War-With-Record-Discounts.html

Oh no oilbros we got too fucked in this clown world

Just got my trumpbux, frens

>>18468963
>Kills the horny good looking girl instead of fucking her and killing the smiling chimp looking girl

>>18469058
Let me guess, the all-knowing clownbog market already priced this in two weeks ago.

>>18468739
looks like a gaping vagina

are we back to peak memery?

the number one rule of this game is to think like a normie. Just ride the normie trends and make investments based on msm headlines is good enough.

>>18468984
So what you're saying is to go long on raytheon.

>>18469061
Quick put it all on TSLA that's what everyone is doing. Can't crash twice not with Jerome having your back.

>>18468876
>What do you guys do, only listen to news outlets you agree with 100%? Only get your news from your uncle's newsletter emails?
The purest truth is in the charts. Everything else is lies, distortion and propaganda meant to serve whoever wrote the article and sent it to the rag in question. That fluff piece about the coronavirus leveling off in Spain last week on the CNBC morning show, what, you don't think Goldman Sachs wrote that? Lol. Everything you read in any financial press catering to advertisers is suspect and you would be better off reading nothing at all as you will be better informed. Study the charts, they don't lie cuz that's money spent. The last price and volume is the truth in its undiluted form. Wasting your time with the fucking economist or the wsj or financial times etc. is why you will remain poor
>>18469047
>Are you worried about your paypigs?
A little. Worst case scenario I get assigned on my SOXL 105 calls but the break even on those is $98 anyway and I don't see that happening before the 17th

>>18469088
I'm tempted to get back in on SPCE. I fucked that bitch up and down. Made huge gains on calls and shorts

>>18468996
Yup, the second I saw that joint memo about a bottom being reached I started shorting. Such a blatant play to cushion the fall when they come out. Fucking hate em.

>https://oilprice.com/Latest-Energy-News/World-News/Oil-Falls-As-Saudi-Arabia-Launches-New-Price-War-With-Record-Discounts.html
lmfao MBS choosing suicide by seal team

>>18469058
Don’t give up brother.

>>18468796
Don't you know how wealth works? It drys up from the bottom to the top. You think rich people will just let their wealth disappear? Not until the plebs go first!

>>18469061
>Just got my trumpbux, frens
Congrats, my gf got hers direct deposited last night. I'll probably get the check in the mail in a few months since I'm too lazy to set up my bank account with the IRS

>>18469091
if you know how to play the game why are you poor?

>>18468696
Get far otm SPY calls for later in year.

>>18468831
The fuck you talking about

>>18468996
>>18469106
>joint memo about a bottom being reached
They didn't say THIS is a bottom, they basically just said "remember when we said we'll probably retest the lows? We're revising that to MAYBE we'll retest the lows."

I hope you're not shorting with leverage, and you still have some long blue chippies.

>>18469091
>>18469098
I don't even know what's honest and what's doublespeak anymore. back in my day bulls showed real conviction and not this fake euphoric shit

>>18469142
>OTM Calls
>Later in the year
>When spy is hitting 200
LMAO, you putting your money where your mouth is pussy?

So what're you guys thinking for Thursday? Another 5 mil jobless claims should be good for at least a 3% rally right?

>>18469148
>>18468852
WTI tastes better

OH GOD

BANK OF CHINA JUST LOOSENED RESTRICTIONS ON THEIR MILF RATES

Fuck it, tell me why not to switch to QuestTrade from ShitSimple

>>18469042
prisoners being released early is mostly from county jails, not federal prisons

the bear case for GEO is that states might ban for-profit prisons, but they will never get their act together enough to do so

>>18469164
What part of "SPY 300" did you not understand?

>implying RTX won't hit $70 tomorrow

Baka

>>18469164
retail wage slaves are expendable

>>18469148
Whats this pattern called?

>>18469157
25% SH(1x short), 25% longs, 50% cash.
Generally comfy, oil war literally just as bad as it was a week ago, virus might have a second wave, plus dem governors will 100% continue the lockdown, that was the point of their cartel. It hurts trump and helps them. June 1st opening is likely. Also developing economies are just dead.

>>18469199
The flight path of a tomahawk into the Saudi royal palace

>>18468396
bahahahhahahha
bulls talking shit over a green dildo $3 long
holy shit this never gets old
see you at $100 SPY

>>18469088
Not until its back in the $30s. But at this rate it should be next week. By May we are back to meme stocks going 20% in a day.

>>18469207

spy 100 wont happen until the crash after spy 750

Someone tell me what they think about NET.

>>18469203
Indeed, there will be blood.

>>18469163
>When spy is hitting 200
Dont deluded yourself bear. I hope you dont go 100% puts because you will be broke soon.

>>18469178
>shut up and take my money

>>18469218
The basic thesis is that they have insane profit magins and are only not profitable because they spend a fuckton on advertising.

>>18469063
Based

>>18469216
>spy 750
sorry retard, not even jerome has the magical printer abilities to do that
you fucked up and took the bait - AGAIN - despite the warnings

>>18469223
>lock down for at least another week
>15% unemployment and rising
>businesses going bankrupt
>no rent or credit card payments
>mortgages defaulting
Bullish

>>18469203
youre delusional if you think the United States military is going to transparently murder the royal prince and defacto ruler of Saud.

Maybe some shadowy shit, but a fucking missile? How's Trump going to get contracts for Trump Tower Saudi Arabia if he orders that shit?

>>18469063
gonna have to agree

Bobo Bros, Oil Bros

it's finally happening...

>>18469250
Obviously a joke, most I see us doing is suspending arms sales or something. Tariffs and backdoor leverage also in play, saudis can't fight for shit and are losing influence to iran. America will not fully pull out because of israel and china, but the saudis know America is keeping them alive.

>>18469248
>at least another week
what?
nothing, NOTHING is openening until May 1 and even that will only be in the retard trump dicksuck south where they're just going to reinfect themselves

>>18469255
It will only happen when TSLA stalls not a moment before.

>>18469248
lol we're gonna be locked down till like late may

>>18469279
Americucks get 911ed by the Saudis, sell them weapons, and then get our oil companies fucked by them.
Saudi Arabia is outjewing the Israelis.

>>18469286
cope harder bobo

>>18469286
were you even listening today? he said >20 states are slated to be opened before may 1

>>18469248
>mortgages defaulting
Cant declare bankruptcy and foreclose when courts are closed.

Okay I've decided I want to transfer to IBRK but that'll take me out of trading for 5-7 business days, how should I time this?

>>18469304
>he said
LOL
the most exciting part of this is the fact that the NY national guard will be at the borders waiting for the virgin trump "army" to show up not even knowing how to shoulder their weapons
gonna jerk it the whole time it goes down tb.h

>>18469248
this, fuck this gay and fake bull shit
just look at some short positions out of boredom and pump meme stock but I'm keeping my real dollars for mid may june when reality sets is

threw a bit of money at ontx a long time ago because of these that memer shilling it in these threads constantly, and I must say I am impressed with it. chinavirus memes and all it has simply not deviated by more than 3 cents in like 4 months

>>18469320
what the fuk does this even mean. do you know what powers are given to the president by national emergencies? he doesn't need an army

>>18469332
multiple governors have already sworn allegiance to each other to tell that MIGA jewfuck faggot to go rope himself.
he is not opening shit north of delaware without their consent. and that kushner jizz-slurping faggot does not have their consent.
get fucked, jew.

>>18469304
he said it's going to be up to states basically guaranteeing a clusterfuck opening and the libtards sheltering in place for a few more months

OMFG
> “Maybe it would feel more just if big business was getting crushed along with everyone else — like we saw during the Great Recession,” Cramer said. “But when big business gets crushed, you get a lot more layoffs. You don’t want to cut off your nose to spite your face.”

How do I long Guillotines.

>>18469322
>>18469344
check myself before I rek myself

>>18469310
Dont worry, banks always collect :)

>bought at the bottom and the top
Not even Powell can stop me now

>>18469333
kill yourself

>>18469104
what should we do to SPCE tomorrow? im thinking of fucking that slut with some $30 calls then hitting the puts when it gets up to 24
>>18469104
>>18469104

>>18469332
>its a nothing burger but also a national emergency
schrodinger's virus

>https://www.sciencemag.org/news/2020/04/suppress-and-lift-hong-kong-and-singapore-say-they-have-coronavirus-strategy-works
Obsessive microstate asians couldn't stop a second wave, over for us.
>>18469300
Yup, senators get off on it. Get beat up for money.
>>18469333
Did you miss when it went from .70 to .29?

>>18469344
sure, I don't doubt that, I'm just telling you what he said in the briefing today
>>18469341
lmao so mad
>>18469371
somali pirates are a national emergency, it's some random shit

>>18469173
well they called the police on a guy who complained about an app outage that cost him 50k

>>18469341
kys chink

>>18469173
do you want to pay 10 dollars for a purchase and 5 for a sell?

>t. on both platforms

>>18469173
Fees. It's relatively simple math:
Are you trading US stock or options?
Are you trading more than 1000 stocks per month?
Questrade. Less than 1000 stocks per month? Interactive Brokers.
Daytrading or swingtrading with small positions? The only choice is wealthsimple trade, period. Trading only canadian stock? Wealthsimple trade is really the best choice.
Its app is a complete joke but that doesn't really matter since you can use tradingview.
Personally I wouldn't do questrade or interactive brokers with less than $2000 risk per position (meaning adding 1% overhead to every losing trade assuming 50/50 success rate).

>>18469181
Hahahaha welcome to the forum newfag

>>18469386
>yes amellican open up it not dat bad!
chang calling others chinks, xi has trained you chopstick wielding rat-eaters well
>>18469379
>seething retard has no idea how it all works
pottery, keep posting

>>18469061
You know what to buy.

>>18469391
It's 10 both ways, except ETFs which are 0 one way and 10 the other. $5 is if you have less than 500 shares in the transaction. Unless they changed their fee structure in the past 2 days.

>>18469171
Dick status: muh.

>>18469341
Holy fuck, the buzzword ratio of this is off the fucking charts. MIGA jewfuck faggot rope kushner jizz-slurping faggot fucked jew. Based

>>18469386
六四天安門事件 The Tiananmen Square protests of 1989 天安門大屠殺 The Tiananmen Square Massacre
反右派鬥爭 The Anti-Rightist Struggle 大躍進政策 The Great Leap Forward
文化大革命 The Great Proletarian Cultural Revolution
人權 Human Rights 民運 Democratization 自由 Freedom 獨立 Independence 多黨制 Multi-party system
民主 言論 思想 反共 反革命 抗議 運動 騷亂 暴亂 騷擾 擾亂 抗暴 平反 維權 示威游行
法輪功 Falun Dafa 李洪志 法輪大法 大法弟子 強制斷種 強制堕胎 民族淨化 人體實驗
胡耀邦 趙紫陽 魏京生 王丹 還政於民 和平演變 激流中國 北京之春 大紀元時報 九評論共産黨
獨裁 專制 壓制 統一 監視 鎮壓 迫害 侵略 掠奪 破壞 拷問 屠殺 肅清 活摘器官
黑社會 誘拐 買賣人口 遊進 走私 毒品 賣淫 春畫 賭博 六合彩
台灣 臺灣 Taiwan Formosa 中華民國 Republic of China 西藏 土伯特 唐古特 Tibet 達賴喇嘛 Dalai Lama
新疆維吾爾自治區 East Turkistan
just in case

>>18469419
thanks bro

>>18469404
Kek, I'm convinced you're some kind of /pol/ trained intelligent AI.

chang chinks xi chopstick wielding rat-eaters seething retard

>tfw have kept it out of my mind but broke today and cant stop thinking about all the money i wouldve won if i shorted things in february like i was thinking about

need someone to slap me and call me a fag

>gold is mooning
>oil is tanking
>stock market broke through the 50% fib retracement like a hot knife through butter
>we are not even near the worst part of the pandemic
The fuck is happening?

>>18469473
i don't get it
are you trying to make a joke? rebuttal? meme? you just look retarded and pointless.

>>18469474
A return to normal.

>>18469474
>>we are not even near the worst part of the pandemic
Huh? It's ogre. Go to bed doomer.

>>18469474
large institutions let the market ramp up and up so they could both liquidate and open up short positions at the same time.

>>18469419
>>18469473
>anti-china pasta
>/pol/ actblue shill buzzwords
right, its such a disconcerting mixture of discord tranny and stormnigger

>be me
>see a stock I'm interested in
>pretty high so do not buy
>stocks crash
>it crashes to 1/3 its value
>buy a bit, sell a bit due to how stock market is now
>ends up lower on my watchlist as there were some other stocks I've been watch
>learn it pumped hard
>screw it sell a bunch of puts
>better than fomoing with the same amount and it crashes
>5k+ plus in collateral expiring before eom
>I either get a bunch of them for less than current price or get a consolation prize of about a week's wage

How bad did I screw up?

as much as I want to be bearish tomorrow because we finished at the top of a range, my system is saying 295 EOD, ugh

>>18469510
If you don’t mind owning the stock at that price, your fine.

>>18469514
futures are already at -.73%

>>18469488
It's just that you have way too many fucking buzzwords in your replies, oversaturated. The point is to throw them in for effect, use them too much and you look like a 12 year old or an AI

>>18469525
They were like that yesterday too. Wait another 4 hours.

Jesus fucking christ Shopify
what the fuck...

Is this a bot:
>>18469341
It's just wordsalad and gibberish?

>>18469345
is he wrong?

>>18469344
the "libtards" want to be reelected too, and their residents aren't going to abide complete shutdowns if other states are opening up.

There's going to be a gradual easing of restrictions. People are going to have to wear bandanas and other makeshift masks mostly as window dressing.

I just checked my "friend from college who went off the deepend" from college facebook friend, and she's posting she about "a socialist economy wouldn't have to shut down" and shit.

"We're being forced to not go to work so we won't be able to pay our bills because of a disease most of us could survive, will eventually lead to many deaths of poverty and despair" and shit.

"Fauci fucked up aids and now I'm watching as he fucks this up, let us live our lives" and shit

I don't think she really "gets" Chomsky but I guess she got really obsessed with him. She was a lot cuter 10 years ago... but not bad.

>>18469522
I don't I just want it cheaper lmao. Have it at a price where it's still reasonably cheap if i do get assigned and get the bonus of getting it cheaper than now.

>>18469525
As much as my puts would like it, -.73% ain't shit.

>>18469395
thanks fren

GME is at $6.20
TELL me you didn't sell already did you???????

>>18469525
a) futures are worthless as predictors
b) it's fading today's move like always
c) it's resetting the ROI so it can blast the fuck off tomorrow apparently

not saying I like it but it's what my model says. take it with a grain of salt it's only right 60%

>>18469493
How do you figure that it’s over when less than 1% of the population have been infected and there’s no vaccine in sight?

>>18469547
sounds like i got your attention so guess i'm doing pretty well.
a chink chinked (wow look at that no posts from that ID since I posted tiananmen square) and a jew jewed who also took off.
you telling me my tactics are too effective?
also: man, look at those futures dive. hope you don't have any longs or calls.

>>18469181
We're going the distance anon

>>18469560
if you focus really hard, even an anime posting nigger like you can read it.

>>18469549
Exactly, Went to bed in red.
Woke up it was green across the board.
It seems problems start midday.

>>18469580
>a) futures are worthless as predictors

>>18469471
>need someone to slap me and call me a fag

>>18469580
>a) futures are worthless as predictors
and yet you were circle jerking all night from 6p-8:30a in this forsaken general about how jerome was saving your positions

What's the point of after hours trading when the price doesn't change the opening price in any way?

>>18469575
Holding since $24.60. With all the averaging down, I'll break even at $8.

>>18469580
What's the model? This just seems iffy, the meme stocks are pumping, it's like 2019-20 again, I mean tesla is at 720 or something lol. Considering the circumstances, that's frankly bullshit. The fact memes are making 20% moves is bearish as fuck. Peak euphoria.

>>18469250
Friendly reminder that there is an entire country of people called Yemen that if they were ""somehow"" able to get United States weapons and Predator drones would ""somehow"" be able to overthrow everyone in Saudis and turn their country into a Hutututsi-African like slaughterhouse because of all the evils that were perpetrated on them by the Saudis themselves, I mean I would NEVER suggest we allow them to do that but in Minecraft my oil calls would be happy :D

Nobody actually from the CIA read this post and do that, liberals definitely won't agree with your actions because of Kashogghi ;)

>>18468808
I pray you are right. I need this. I been a faithful bear this entire past week and a half. I been doubling down being a bear like a madman all the way up, and somehow am only down 10% from before the rallying because RTX has been a glorious meme from 50 for me and I timed oil right. Give me my just desserts already, let me see the gains come. I managed my losses by flukes so far, if I get it all back and more I will look like a genius. Cannot keep this up much longer though before my portfolio truly goes kaput, Monday wasn't enough I need more. Please be right, I worked hard to manage the big short.

>>18469493
Hey Paisano

Try to atleast post something relative.

>>18469584
25% in SH, so i'm fine. Wouldn't call it a tank though. Idk man, the chadposting isn't making you look any older.

>>18469500
oh uh awkward
before this thread dies
(you)
even though (you) don't matter.

>>18469560
>Jesus fucking christ Shopify
>what the fuck...
I don't know. I looked at that chart yesterday and said nah.

>>18469639
Yeah no
This is about as likely as amerigolems scheming against Israel

>>18469664
>25% today
>down 70% overall
tell us more. screencap, while you're at it. we could use the humor.

>bought 11.5 04/17 AAL puts
>made $10 after lunch
>held overnight hoping it'd continue to go down
>over $13 in aftermarket
truly this is the end times for me
i almost bought 13.5 calls too. fuck

>>18469580
>futures are worthless as predictors
I made 350% returns for March by using oil futures to predict swings and played nothing but call options during the oil deal. Aside from following the news closely, I used alerts on crude as a barometer for 6 separate ETFs and stocks I had my hands in and made movements based on that. Don't be retarded.

>>18469494
>>18469489
These

Cramer trashed NOC, said LMT was basically acceptable, and still really likes RTX and LHX on a pullback.

>>18469547
>like a 12 year old
I forgot, school was cancelled. No chance of it even resuming in May or June, it's just early summer vacation.

I should expect more retards. God damn it.

>>18469560
OH also she's bitching about having to "choose between two rapists" for president. This isn't going to end well, we're going to get such a shitty lineup of female politicians elected on the sole grounds of being female.

>>18469607
I've found the Nikkei to be more indicative of what happens the following day.

>>18469664
it's making him look like a faggot
he hasn't talked about a single stock or any market investing/speculation. I bet he's never owned any equities, treasuries, commodities, or real estate.

>>18468396
Why do I love 2d girls with baggy eyes so much?

>>18469639
Lol the yemenis can't save themselves from hunger. They'll just use the weapons to sink tankers and kill yemenis, any saudis killed will be pure accident. The saudis are retarded, but the yemeni aren't gonna be marching in Jeddah any time soon.
>>18469643
This is your brain on averaging down. This has been funny to read. /smg/ in a nutshell. The contract to film The Big Short 2 is in the mail sir.

>>18469719
>capeshit picture
haaaaaaaaahahahahahhahahahah
5 responses negated
hahahha
with one single picture
haaaaaaaaaaaaaaaaaaaaaaaaahahhaha

>>18469395
I went deep on IBRK's website and apparently I would actually get a discount on the account fee because I'm under 25. $3USD/mo minus commission. That's not bad. Honestly worth it to not deal with WealthSimple's bullshit. I might keep WS for daytrading Canadian stock but for everything else IBRK seems better. Am I wrong?

>>18469711
Blackpill me on options, anon. Are they worth the risk?

>>18469709
I bought on monday? 30 shares at 25.86 or 25.56. Down maybe 1-2%. Not gonna open my broker for you. Don't worry about me, what are you in?

>>18469633

Am I boned that oil is going to go lower now that there is a lack of demand and the OPEC deal pump is over? Should I just sell my oil and reposition it to corn syrup KO and some other things like utilities?

> Also any advice for investing for my sister she's really young and gave me 2,100 bucks of her saved up money and I dont want her to be screwed over like how my parents screwed me over by not investing (im 23). I was planning on getting her Apple, Nvidia, microsoft, BMY, and BRK.B but may put some into pepsi.

>>18469560
He’s not wrong and you and I know it.
But how is the ex-marine father of three, hard drinking, gun loving, commie and lib hating gonna feel about it when he’s out of eggs to feed his kids and some rich asshole is saying it’s for the best that richer assholes get bailed out again, and for perpetuity and he gets to foot the bill?

>>18469575
there are people itt that are actually missing out on GME gains.. it really is incredible how stupid this thread is

>>18469758
>Down maybe 1-2%.
ngmi
if you can't profit off the downs or the ups you're toast. just as i thought.

>>18469759
Do spreads or use stop losses or get absolutely thrashed

futures volume is nonexistent right now
spooky

Minecraft rtx with dlss 2.0 drops thursday

>>18469771
>>18469628
>>18469575
There's no way after the earnings tomorrow that it's going higher than 6.50
You guys are fucking nuts

>>18469660
>US deaths
DESPITE

>>18469767
Just buy ETFs, that way she can't blame you if you fuck up. You don't wanna be the guy that lost your 14 year old sisters life savings. How did she get that money in the first place. Will teach her good habits too as she isn't gonna be choosing stocks.
>>18469779
What's you positions dude? How do you do it?>>18469767
Maybe, but you also might be selling the bottom.

>>18469815
Literally would be the least surprising thing in this market

>>18469815
earnings tomorrow? they already had their earnings and blew it out of the water.. 99% of the float is short..

lurk more newfag

>>18469767
>My parents screwed me over by not making me rich
KYS newfag. This board is for adults.

>>18469826
Today, calls on AAPL and SPY. Sold both for 35%.
Come back to /smg/ tomorrow for the exciting sequel.

>>18469643
Good luck fren

>>18469817

Tragic

>>18469767
Literally buy RTX, NET, and BAM.

>>18469728
because you have good taste
and possibly a weary soul
>>18469770
Cramer? No he's right.
but that marine you're talking about, he's going to support giving trump, mnuchin, and the fed whatever they want as long as it's put on the national debt. And so will the leftists, they hear it's government spending to help the worker and they're all for it.

No one cares about the debt and the tax payer, because it's a problem for the future. And many voters will be dead by the time the bill comes due.

>>18469817
Clearly a systematic issue

https://www.youtube.com/watch?v=QShpzxWo6Lk&list=RDkg_iOUfVSPM&index=7
Comfy as fuck

>>18469837
Somehow I do not believe this. Post it please.

>>18469830
>>18469832
get over it nerds
You're down and out

how long do most people hold leveraged ETFs for? the casual research I'm doing seems like nearly all of them go to hell over the long term.

>>18469833
Its not that, its that they think the stock market is fucking gambling like in vegas. When I wanted to open an account in eight grade with my money, which my father tends to pull an IOU for the last 10 years of my life they basically said no and now that I opened up an account with the same money I started with the stocks that I picked in my youth are no longer bargains.

>>18469767
buy gush and jnug

>>18469874
>I'm not gonna open my brokerage for you.
>Post evidence!
Fuck off, chang. This thread is dead just like your mother in her sleep if you don't reply to this post.
Best of luck tomorrow, sweetie. You need it.

>>18469767
>go lower now
It was always going lower. Nothing new happened the past few days. The production cut was a meme. There is still too much supply and not enough demand.

>>18469890
I dont have an extra chromosome, well mostly.

>>18469879
I know a guy who has only an 3x leveraged s&p etf in his 401k

SNSSBRO
WE'RE BACK!!!
E

A
R
E

C
O
O
O
M
I
N
G

H
O
M
E

N
O

O
!
!
!

>>18469892
kek

>>18469872
Post more lizards.

>>18469877
>You're down and out
I made bank on GME.. still holding 2100 shares but sold 5 calls with $7 strike....
stay salty poorfag

>>18469882
ETFs, when they see the consistent return they will like it. Buy VOO and be done with it. Do not play with family money. How old is your sister.

>>18469916
She's 12. Thats why I was thinking about putting it in the big tech companies, but am concern that the tech industry is a bubble waiting to burst, even before corona chan.

>>18469732
You truly have no idea, it is an utter fucking miracle that I am only down that much when I am 75% short/reverse leveraged ETFs (all of them, not just SQQQ) and only 25% long. In terms of all I can handle by maintenance. The long being literally all RTX atm, but did ride oil up too and sold right after deal because still bear. Up until that point I doubled my money nonstop bearing, this isn't over yet. I need more money and a new low so I can get my cheapies. But I am maxed now, I will have to close positions if market goes up tomorrow. This final day was the last time I can double down, there is no more after this. It is either make it or break it heading into tomorrow, I have no more powder to spare and it all comes down to this. I will send you the script after this movie airs in the AMC theaters I am also shorting.

>>18469844
Thank you. I wish you all the luck in the world too. This is pure madness out there, but you have to be mad to play it. This market broke me, I no longer fear my losses. I am just laughing every day, cackling at this clown world. Big reds don't even scare me now, I just laugh at the new rally upon bad news. I have embraced the clownpill and going headfirst.

>>18469892
So? Shut the fuck up lol. Doing this out of spite.

>>18469905
here you go

>>18469924
How did she get 2,100? Buy VOO, not tech heavy. Just an S&P fund.

Are tech stocks a bubble now?

>>18469945
Well played.

>>18469771
I just bought $1200 worth of GME its the first stock I've ever bought. It was either buy stock or crypto and Ive learned my lessonl, crypto is only for the smart and organized people of the world. The more smart and organized you are the better.

>>18469948
She got the well to do godparents and my mother (the bookkeeper of the family and for a non-jew she's good at holding onto money like a jew) basically made sure that my sister didn't buy stupid things with it.

>>18469098
If I'm not mistaken, S&P is hovering and near the 62% retrace and daily 50 SMA. Not sure what else might be going on. Thanks for the tip. I will rest easier tonight. I sold last Tuesday to watch the 50% retrace at a distance.

>>18468598
>Asking /biz/ for information or advice on anything

>>18469979
Nice, just buy VOO.

>>18469979
She actually had more money than me when I was her age. In part I think it was because I was stupid and bought xboxs and PlayStations as a kid instead of saving it. There I'm trying to turn my measly 4k into a greater sum.

>>18469975
>$1200 on GME
>when it's going to fucking drop like a rock tomorrow
Seems like you need another lesson big guy

>>18469934
jesus christ lol, good luck.

>>18469975
??? You realized you were too dumb for crypto and you dumped that money into GME. lol

>>18470018
your id explains you well... fud noob

>>18469975
I thinking its gunna chill right at this area for awhile then go a lil higher.. why do i think this? because look at levels from oct-jan...

>>18470037
>too dumb for crypto
IQ can’t fall below zero

>>18469882
You see like a nice enough kiddo. I remember when I got my Baby's First Market Playset, so here's a tip. Quit pissing and moaning about lost opportunities that you blame on your parents and find those amazing stocks from "muh youth" (you mean like 5 years ago? Grow the fuck up), but today. There's always going to be a new opportunity in the markets. Good ones too. Go find those ones, stop blaming others, accept your responsibility and don't complain. You do that, people will fucking look up to you as a goddamn leader. Until then, stick to ETFs like SPY or VTI for your first 10k. Then go into all the meme stocks you want.

>>18470059
Yeah fag,
You’d just cashed out at 1% up and bought stupid crap with it. If you were gonna make it you will, If you don’t have what it takes just keep making excuses I guess.

>>18469967

Are there any good stocks still around $5? I want 100 shares of something decent to do covered calls

>>18470095
>decent
>5$

I mean... F? Not much else.

>>18469945
How dare you insult our German Queenm

>>18470127
new
>>18470127
new
>>18470127
new
>>18470127
new
>>18470127
new
>>18470127
new
>>18470127
new
>>18470127
new
>>18470127
new
>>18470127
new
>>18470127
new

buy tmdx btw

>>18470095
>$5
>decent

GE, F, or X. But they are barely above biopharma penny stocks in terms of quality.

>>18470021
I definitely need some Jesus right now. But thank you, I wish you luck too. If bear, hope your picks go down 30%. If bull, hope your picks are the only survivors of an oncoming slaughter. The only other real profit maker long I been holding is HRC because I bought it as a statement. Up 30 points on it. They make coffins, kek. Never selling until it is all over as a symbolic fuck you so I don't count it.

>>18469965
Consider that from the crash only the stocks that were bubbles survived. It's pretty bad.

>>18470086
I miss having a leopard gecko. I should get another. RIP to the dearly departed.

>>18468487
This is the single most intelligent post I've read on /biz/