/biz/ - Business & Finance

>>18497820
it is official: bigest dead cat bounce in history.

get out while you can.

This was a retail led bounce. Think about how many retards had the idea of “buying stocks now and waiting until the summer”. Especially airline stocks.

yup, the stock market is officially a meme. everywhere you look, shoe shiners are STILL telling you what to buy...

>>18497820
this reminds me when btc hit 20k

>>18497820
>buying a zero profit industry vs investing in the future of decentralized finance

>>18497820
lmao short everything

>when pol start talking about stocks
i dont know why its u so long?

>>18497980
e. even l..link?

>>18497939
only difference is that banks let people like this enter options and not even crypto exchanges were dumb enough to do that

>ABU

let's see how strong his hands are at -95%

>>18498009
this is going to crash very bad, and he is buying tesla too, biz was right about normie money, tesla 1000 eow

>>18497820
>VERY UNDERVALUED WHEN LOOKING AT THE LONG TERM
uhm, yeah, sure...

>>18497820
The amount of normie friends I have that are talking about stocks and shilling robinhood links is insane, shit's going to crash hard.

>>18498063
>>VERY UNDERVALUED WHEN LOOKING AT THE LONG TERM
sounds like trump actually

>>18497977
>future of decentralized finance
Decentralized gambling more like

Don’t forget pokimane, one of the biggest streamers on twitch was looking to buy into stocks days before the crash started.

>>18498250
literally this kekw

>>18498004
yes

thats why i have multiple buy orders at insanely cheap price on every good crypto on binance.. lets catch that wick frens ;^)

>>18498162
He was doomed if he didn’t cheerlead the market and doomed if he did. Whatever he did would be used against him. I’m sure if trump was completely honest and told everyone that the market would crash that he would be appreciated for his honesty.. honk honk

>>18497843
yep

>>18498250
She was also made a mod on the dumpster fire known as Wall Street Bets. It was the biggest indicator of the top being in.

>invest in a company with no profit hoping that a socialist government will just give them money
Based free market capitalists

Um have you seen Tesla sweety? Up and up.

>>18498834
He could have shut the fuck up. Win/win.

>>18497820
>abu
says enough

Everyday there are thousands of videos on youtube, instagram, facebook about some stock guru recommending shit. Recently they have just started using TikTok as well. Nothing new here.

>>18498009
this is actually a valid input and why i switch back to crypto. Normies got stocks on suicide watch

>muh secret club
Stock market has always been trendy. Give it a month or two and at least 90% of them will quit

>>18498250
Lirik was also. fucking insanity

>>18497820
This is the top

>>18497820
>90% of people cannot earn income remotely, almost a 0% chance of getting hired somewhere that you can unless you are a developer/programmer
>kids looking for ways to make money think stonks and cryptoz is the easiet, buy low sell high am i right? its low now so its perfect
>massive amount of youtube/tiktok/snapchat and whatever other garbage is filled with youngin's looking to flip their birthday money
its fine, just kids being bored. itll go back to the old way next month

>>18499081
Dunno bro, it's true that shoeshine boy talking about buying stock = brink of collapse. I have never encountered a moment (looking at history) where this wasn't true. Even this time we had many warning signs:
- 10 years roughly since 2008 (and two attempted collapse in the past years that failed)
- everyone and their mum entering the stock market
- longest bull market ever
- everyone and everything overleveraged to the ears

>>18498004
what do you think?

>>18498874
100% sell signal if i had stocks, like super obvious

>>18497820
Nigger I ain’t clicking on that link
Fuck china
>stonks
>>>/r/eddit

>>18497820
this is actually the exact same thing that happened in the run up to the crash of 1929 and 1932. stock trading went normiestream, literally everyone including children were starting to buy and shill stocks

>>18499188
LANK KANGZ

>>18497820
Most 20 year olds live pay check to pay check so it doesn't matter.

>>18499270
It's not about how much money they can put into the market, it's about market sentiment. Untrained people thinking it's time to buy usually means the market is doing too well too regularly, because untrained people are either gamblers (easy to stop and remove from the analysis) or don't understand risk management and how investment in stocks actually works.

>>18498248
still better than investing in skycoffins built by committee

>>18499294
i was just about to get into this shit to take peoples money but i think i just need to not play musical chairs

>>18499177
You're right. This is one of the reason for the crash of 1929. Because everyone was doing so well, demand has increased supply and bubbles were created.
Financial history repeats itself way too often to ignore this warning sign. I can only hope we're wrong and this is just the coronavirus bringing in temporary bored kids

Normies ruin everything