/biz/ - Business & Finance

TUMBLING DOWN
TUMBLING DOWN
TUMBLING DOOOOOWN

Niggers tongue my anus

>>18583425
FREE GAS? THANK YOU

>tfw bored

Is this the most boring "happening" ever?

OIL

Whens the next short squeeze like gme?

WHATS THE BEST WAY TO SHORT FACEBOOKS EARNINGS? BUY A SHORT PUT THE DAY BEFORE OR A LONGER PUT NOW? Please don’t make me post a trap to gain attention

>>18583514

make it better then

>>18583425
FIRST FOR NEGATIVE OIL

Is anyone else going long on water?

https://www.youtube.com/watch?v=py_MdrpI5vQ

I know I've let me down
And I've been a clown to myself

I though that I could beat
Supercomputer AI

But now, through all the AAAA and OOOO
It's time for me to respect
The stocks I love mean more than anything

So with losses on my chart
I feel the best thing I could do

Is end it all, and market sell

What's done is done, my losses realized
What once was green is now red

I'll never profit again
My oil is ending

I wish, that I could turn back time
And buy puts on SPY

Can't live without the pain of hindsight
I know, we can't forget the charts

You can't forget option expiry
Because of that it's killing me inside

It all
Returns
To the wellhead
It all keeps tumbling down, tumbling down tumbling down

It all
Returns
To the Saudis
I just keep letting me down, letting me down letting me down

In my portfolio
I know that I could never be green again

I've lost every thing
Every thing

Every thing is liquidated
I am financially ruined!

I wish, that I could turn back time
'cause now the bags are all mine

Can't live without buying high and selling low

I know, we can't forget the greeks
You can't panic sell and buy
Because I did it's killing me inside

It all
Returns
To the Fed
It all keeps tumbling down, tumbling down tumbling down

It all
Returns
To wage slaving
It just keeps tumbling down, tumbling down tumbling down

>>18583514
we still have many more things to see
don't worry, it will either get exciting or it will end

>>18583514
>american oil refiners are full and can't/won't buy anymore
I mean that's what happened today but it's gonna take longer than today for this to reverberate throughout the economy. Think of it like a happening that's going to get progressively crazier as time goes on you impatient black faggot

>>18583514
you do not have a fundamental grasp on what a happening is. Hint: its in the name

>>18583582
Based also ANIME!

>>18583425
The crab market is done, it's my time now

nat gas up bigly, bull intach... oil is looking still decent, rolled over trading at 22 after earlyuptick. oil currencies also unaffected. dow volume low so short vola possible, nasdaq already was heading to ath with full speed ofcourse

https://www.youtube.com/watch?v=tNtKlg5qRTE&list=RDtNtKlg5qRTE&start_radio=1

so if i buy a USOIL contract tomorrow at -40, I get paid 40,000 dollars to take 1,000 barrels of oil?

does this seem like manipulation to anyone

what is this pattern called? i opened up a memehood account last week and decided to do what /biz/ told me

>>18582922
Uh, I thought that was a dog masturbating.

>>18583425
I'm stealing this image for /csg/

What is everyone holding

If SPY doesn't go back above $283 before 4/29 my car is gonna get repossessed

All 3-D Women should be summarily executed, shot, and thrown in a ditch

>>18583713
Hello I would like to file a claim in the BASED Department

>average threads in /biz(
>ASS AND ANIME ASS AND ANIME ASS AND ANIME ASS AND ANIME

why is this board so inmature?

Is Gazprom a good buy right now?
>natural gas company backed by the Russian government, owns football clubs

>>18583599

>in the name

What do you mean?

How do you buy negative stock? Is oil too much of a risk even under 0? So fucking weird.

>>18583664
Post spread

>>18583739
Seethe 3d tranny

>>18583701
It will because I’m short the spy and bog isn’t done fucking my bank account.

>>18583739
>wheredoyouthinkyouare.png
Weekend and after-hours are better, sometimes.

>>18583701
mannish hands don't usually bother me but jesus look at those gorilla mitts

Wait so if the oil etfs sold off the futures at -$40 doesn't that mean they are obligated to pay cash to buyers in excess of the total value of their portfolio?

So people who are buying oil etfs right now are buying a trust that's 100% liabilities and 0% assets

>>18583739
Lots of manbabies, incels and trannies.

WHERE ARE MY OVERNIGHT SQQQLDERS

>>18583739
don't forget tiddy.

>>18583799
wow

>>18583769
i dont know what that means. like shit im holding? im not holding anything right now its all cash.

If USA imposes oil import ban, the effect will be close to zero, right? USA alone is over producing? If that cuts imports, that oil will just flood other markets and my ice brent shorts will print, right?

>>18583811
Lol overnight? Been bag holding like a fucking faggot since $21

Hello?
Is this the based department?
I think you'd like to take a look at this
>>18583781

>>18583739
you are correct; anime butts are inferior to anime armpits
the mature men among us know the truth

>>18583739
We are the future economic leaders of this world, deal with it faggot

oil

>>18583701
Shes a good girl, Loves her momma

>>18583739
There's a lot of yellow fever here too.

>>18583739
How can I buy negative puts on USO?

>>18583739
>nooooooooo don't sexualize anime girls! this is virtual rape!!

Frens, should I put money into Robinhood to begin meme trading with you degenerates, or into TDAmeritrade to gain access to better tools?

Honestly what is the real difference?

>>18583739
lol, are you crying?

>>18583840
i have some from $16, but my average is now 14.50. I've got a while to go.

>>18583872
loves horses, and bbc too

My eyes see -11 oil contracts.
But my brain cannot logically process -11 contracts.

>>18583748
yes. Shale oil industry produces a lot of natty gas and with Shale dying means less supply

>>18583701
what kind of car is it

>>18583799
it has to be photoshopped
those are big, powerful hands even for a man

>>18583664
>why yes I do have a gambling problem

>>18583713
but what if I like 3d girls and want to kiss the cute ones instead of killing them based from boi?

>Start thinking of doing stock market shit after hearing about all the oil prices plummeting
>Turns out it's a bunch of "go here to do this and this and this to make others do it for you"
If I wanted that, I'd try and become a fuckin CEO in some company.
probably not in an oil company topkek

>>18583893
open a robinhood account with $100 so the idiots will give you options
remove your bank account information from the app
max out your leverage which is usually a ridiculous amount because robinhood never learns
if your gamble flops, uninstall the app and forget about the account

>>18583949
2016 BMW M4

SUMMER IS HERE

>>18583975

out

>>18583977
kek does this actually work? if I lose like 50k will they come after me?

>>18583968
Come with us anon

>>18583982
you bought it new?
lmao

that makes me want to check the prices on used 650's and 645's
I love buying used cars for cheap, I can't help myself

>>18583977
kek

>>18584021
I know housing should get cheap in the next 12 months. I have no clue for used cars though. I'm in the market for both, actually.

>>18583739
Based ASS IS THE GREATEST

>even this nigga asked for government gibs to save his airline

we're all fucked brehs, greatest depression soon

>>18584021
If my calls for Tesla print I’m getting an obnoxious v10 m6 I think they’re less than 15k now lol

>>18583739
the anime cartel runs this genny

>>18583846
Pit fags are THE WORST

>>18583977
Opened an acct like 4 years ago with literally $10, for some reason I already have options available to me. Was thinking of depositing $1000 so I can fuck around with this free government money on options, even thought that's probably a terrible fucking idea

>>18584021
nah got it last year CPO

there's no way SPY doesn't touch 283 at least once before 4/29, r-right?

>>18583991
nice pit
nice hair

It was just snowing where I live this weekend, and it's still getting down below 40 at night :/

>>18584078
>housing should get cheap in the next 12 months
it really depends where you live and what segment of the market you're looking at. cheap houses probably won't get any cheaper, supply is too low and demand is too high. Mid-price to expensive houses (>500k, depending where you are) might get a little cheaper...

>>18584093
>it's even got the vulva
jesus christ

>>18584008
Xi's a little chubby

>>18584144
tomorrow is probably a circuit breaker dude

What do yall think SQQQ will do tomorrow? $10 $15?

>>18584144
It doesn't lmao it's going to open at 281 tomorrow then go to 275 by EOW.

>>18583991
my wife Rin

bro im a dumb nigger? or im a big brain i have 6k in xom and i honeslty dont give a single shit that oil is negative like fuckin none

>>18584014
do you think any court will rule in favor of a shady investment app that is known for giving margin accounts to teenagers without kyc?

>>18584183
circuit breaker up right?

>>18583539
Bump

Is this already worse than 1929?

>>18584155
I'm in a boomer central and there's a few nice towns that look like they have about a 40 to 60% markup at least. I'm expecting half of that to go away, resting around a 350k price point for something that's been updated sometime in the last decade or two.

>>18583751
It's HAPPENING
It hasn't happened
Shit is going down and you are watching it start and continue, you're on a roller coaster ride that has just begun and have only went up and down a few hills with much more track and insanity ahead
Quick tip tho, the ride never ends

>>18584134
nah

>>18584114
I'd rather look for a low mileage 640i, but yeah

>>18583539
what makes you think they would go down in price? they are a tech company and everyone is stuck at home

>>18584269
No but it's likely gonna be

Oil crashing could be the trigger for a cascade failure across the global supply chain

>>18584078
I dont know about cars anon, but you can ride me any day

>>18583687
Tqqq kill me right now

>>18584242
yes ;)

>>18583425
Where can I get free oil? I have some space left in my house

>In a state of backwardation, futures contract prices include compensation for the risk transferred from the underlying asset holder to the purchaser of the futures contract. This means the expected spot price on expiry is higher than the price of the futures contract.
So the producers are obligated to pay the futures holders to receive the oil?

1. Leveraged oil companies say no because they have no cash or ability to get cash. This means the futures holders will sue and have a debt claim against US oil companies. This means oil producers will go bankrupt.
2. Oil companies begrudgingly pay the futures holders to take their oil but the speculators have no ability to take physical possession of the oil, so they default on the contract, get sued and get a nice payout. But they also have to store the somewhere and shut down production.

So any leveraged oil company is going to zero basically.

>>18583687

>>18583991
yay

>>18583652
You only won a tiny bit today bobo.
Still haven’t dropped it below 2750.
You Little shit,

should i buy USO? looks like basically free money

No srsly guys I want to deposit money into Robinhood and fool around with options. What should be babby's first put?

“Hello Russian Minister, I would like to place order for 1 billion barrels please sir.”

orangeman talking now

https://www.youtube.com/watch?v=wv5QIDTRtZY&feature=emb_title
>https://www.youtube.com/watch?v=wv5QIDTRtZY&feature=emb_title
https://www.youtube.com/watch?v=wv5QIDTRtZY&feature=emb_title

>>18584496
Or should I just invest in strong stonks like a good boy

>>18584492
Depends on what May futures do, you could get raped like USO holders just did.

>>18584512
Better make space in the garage.

why wouldn't i just buy thousands of those may contracts for USOIL, take the money, and flee the country a multi millionaire

dont be mistaken we are watching a changing of the guard without a single shot taking place

>>18584295
Changes to their advertising algorithm fucked over a lot of people and I expect their earnings to be trash

>>18584546
Good luck collecting

>>18584524
don't fuck around with puts/leveraged garbage until you know how companies are valued (in a non retarded market)

>>18584548
I'm praying USD dies.

>>18583811
Here bro .

Price prediction for Friday?

>>18583846
Stupid sexy You

>>18584291
Yes butts are better
>>18584165
Based fellow ass bro

>>18584548
What do you mean?

>>18584569
But I want to get rich quick :(

>>18584654
Buy a spread on SQQQ bro. Cant go wrong.

come sweet death

inb4 huge oil pump tomorrow

>>18584685
only 13 more minutes for you

>>18584685
https://www.youtube.com/watch?v=oIscL-Bjsq4

ah yes a classic

>>18584698
Oil will never be above $0 again.

>>18584548
>>18584610
what i mean is this covid bullshit and the oil taking a hit is too much of a coincidence to ignore a perfect storm and trump keeps talking about this invisible enemy and many deepstate families are tied to oil someone is attacking the deepstate right where it hurts in the heart of their money

>>18584698
glob please no
pls just give me one industry can short w/o fearing fed pump

>>18584753
WALLEYE

it's now expensive whore thread

Wtf did I miss Trump talking about the oil or did he gloss over it? I was expecting a big mention in the conference today

>you cant build a hospital in 2 weeks

correct, it can be done in 48 hours.

>>18584768

>>18584521
I just want to know if Donnie is going to pump oil or not

my penis and bladder hurt bros

>>18584778
it actually very surprising, no one really talking about Oil
O_O

>>18584778
he's probably going to minimize and deflect unless there is something he can do about it
right now, there isn't anything they can do to pump may futures contracts
I'm not watching the trumpchat though

Spy 290 or 270 eow?

>>18583539
Bump for interest

>>18584682
I hope we keep having flat days and SQQQ stays between 12 and 13 until theta rapes you

OIL

>>18584859
250

>>18584827
>no one really talking about Oil
That usually means stuff is furiously being discussed behind closed doors.

>>18584811
did you forget to drink water for the past week
you need to live the healthy and wholesome life
this is your liver and kidneys last stand

>>18584880
OIL

>>18584859
selling at 280-285 tmr

>>18584827
Very strang, not even gonna pretend to know what's gonna happen >_<
>>18584850
Seems true enough, just hope June contracts don't have another today like two weeks into May

can i buy enough USOIL contracts to purchase the entire company giving it to me

>STNG AH
P-H-E-W

This. but with day trading. Come at me.

WEEEEEEEEEEEEEEEEEEEEELLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

WHERE MY BOBROS AT

so wait and buy oil company stocks?

Shirley they must feel hurt soon. I got 600 euros in my wallet and I really looking at Shell being cheap right now.

o_O

building the fucking wall hell yeah! 400 miles end of year get fucked beans

>>18584879
I hope you slowly lose your enjoyment of sucking cock yet are too addicted to the shred of human interaction it gives you to stop.

Also SQQQ is going to go nuts soon.

>>18585085
HE AINT MY BOY BUT THE BROTHER IS HEAVY

It is good that the entire oil industry collapsing in on itself and destroying global supply chains was priced in. Stonks should love this.

>>18584778
He mentioned, again, that he wants to fill the strategic reserve. But no funding yet.

>>18585014
>hope June contracts don't have another today like two weeks into May

there is no stopping this unless they cap a ton of wells
anyone working in geology right now needs to be trying to find a good underground rock formation that they can pump all of this crude into for later extraction, that's really the only way out of this. It would need to hold billions of barrels
>futures

DID YOU SEE DID YOU SEE

FUTURES PUMPED

AMD better fucking moon on earnings or I'll be fucking mad. I hate making plays longer than a few days and ESPECIALLY when the line goes down.

>>18585097
i'm buying leaps on USO too :)

>>18585134

>>18585134
FUTURES DUMPED

>>18585172
That sucks for that dude.

>>18585172
Jesus looks like that guy has negative 30 dollars of oil on his face

>>18585102
my only goal in life is to have enough money so that a girl that a pawg that looks like that will let me viciously fuck her ass because she needs the money.

also daily reminder to use moving averages and some indicator that interprets volume in your trades. if you want to hodl for longer that's fine, use a bigger time frame. use a stop loss.

>>18584654
Iron condor on VXX, literally free money

>futures

>>18585200
hehe nice

>>18585077
Edge is harder to achieve than it looks

>>18585218
Why do you continue to post my wife?

>>18583425
Hi guys. Good gains 2020?
https://youtu.be/QdMagZJHDBY

>>18585091
Only buy ones with little to no debt. Leveraged oil companies are going to fucking zero

Bvll. Svrge. You stinky, sad, disgvsting bears got lvcky today with the algos getting corrvpted by cvck coders for the nonsense oil scam. Correction soon, contracts are already getting fixed. Fvtvres already green to price it in. HOLD FAITH BVLLS! WE ARE CHADS!

Repeat. This. Mantra.

Bvll. Bvll. Bvll.

Futures are green.
In spite of tens of millions unemployed, the oil industry ruined, a rampant virus that reinfects and will soon /secondwave/.
I am glad market makers are able to look so far forwards into the future and reflect reality in 2200 today.

>>18585200

>>18585229
literally all you have is price and volume over time, 3 variables. maybe make a few more with the OHLC. it's not that hard.

>>18585159
AMD is overpriced as fuck, all it does is resell TSMC dies, it's literally ATH right now because nobody knows about it's limited production capacity or business model. Get out

>switch on cnbc in the living room
>host actually says 'maybe this oil crash is already priced in'
>let out a good hah
>turn off the tv

>>18583425
>smug Jahy gf
bls gib

>>18585246
I can promise you that I've posted Yots 100x more than anyone else in these threads over the past year...

>>18585250
any recommendation?

>>18585264
Futures opened + ~0,1% after a -2,5% day and during a trump speach. They will be red very soon.

FUTURES RED

Bears will take control.

The state of oil right now:
https://www.youtube.com/watch?v=azhgpelu0vY

>>18585293
>AMD is overpriced as fuck

i've been hearing this for a fucking year, quit it already it's a good company. i literally day trade it every day. stop being mad.

I WANT TO GIVE MY BLOOD
>I WANT TO GIVE MY BLOOD
I WANT TO GIVE MY BLOOD
>I WANT TO GIVE MY BLOOD
I WANT TO GIVE MY BLOOD
>I WANT TO GIVE MY BLOOD

>>18585077
I can't.

We going endtimes mode?

>>18584093
K-Keijo!!!!??
>>18584604
I gotta start reading this. And working out more. And banging some cute sexy animes.

>>18585312
okay that IT that's fucking IT

what the FUCK is this anime? TELL ME RIGHT THE FUCK NOW SO I CAN GET THE SEXY REFERENCES! MY CRUNCYROLL SUBSCRIPTION IS READY!

>>18583425
I'd take her renbts, if you know what mean

>>18585218
the futres are crabbing

J-POW betrayed us

today was shit

>>18585310

>>18585312
>>18585396
Anons....She is my yotsubride

>>18585392
*Keijo!!!!!!!!

Just got out of autozone and all motor oil is free.

>>18585217
>betting against vol of vol
Now this is degeneracy

>>18585392
did they unironically get a 2nd season and i've been sleeping on it or did i just forget this scene? it's like the 1 anime where they finally gave respect to the oshiri.

>>18584313
>i missed the bottom so i need to convince the world this is a great depression
lmao good luck

CL up 30% kek'd

>>18585400

How was 2020 so far for stonks?

>>18585491
YTD DOW is down 17.5%

How do I profit from the (clearly trans) anime posters in /smg/?

AAAAAAAAAAAAAAA IM STILL SO ANGRY ABOUT EVERYTHING I DID WROOOOOONGG!!!!

>>18584274
It happened. But it was mostly contained in equador and it’s still probably gonna fuck up favelas but the US is now the worlds largest manufacturer of ventilators. The ventilator capital of the world. And we got that hydroxycloroquine y’all like. And it turns out LA has a lot of herd immunity already.

>>18584270
C A N D Y
C O A T E D
_ _ _ _ _

>>18585491
honestly the best year if i joined stonks 4 years ago i wouldnt have the deals i am getting today

spy is gonna dip to 270s then climb to 290

>>18585540
Buying ?

Whoever told me to buy NAT, i owe you a cock suck

This briefing is kinda huge if true, isn't it? And this doesn't seem like normal Trump bullshitting.

>>18585518
The boomer index? You’re still counting fucking traveler’s insurance and Walgreens?

No, tell him about the Q’s.

>>18585459
I doubt it. I’m really behind on anime though. But I’m also really behind in life so that takes priority.

Oil sells... But who's buying?

>>18584654
>be me
>consistently making a good living from day trading
>be this guy
>But I want to get rich quick :(

yes im fucking furious.

>>18585579
You're welcome, I'll take the suckings in monthly installments

>>18585570
desu i spent all i had my biggest bag is in XOM and i have very psoitive about its future this dsnt scare me one bit

>>18585601
>trumpcucks say this every briefing

>>18585565
Greed says all in spy 275 puts tomorrow but I know that they cannot defeat the money printer

>>18583739
It's not all anime ass, trannie. We all have different taste. The refined amongst us indulge in anime armpit, and some the more well to do partake in anime feet. Sniff these toes, faggot

plz post /biz/ discord

>>18585673
no

JUST IN: The US will add 75 million barrels of oil to its strategic reserve


LMFAO
We have to have the government step in and save fucking oil by BUYING ALL THE FUCKING OIL.

I'm done.
This is so fucking hilarious.

>>18585686
plz

>>18585644
>The refined amongst us

lmao no the refined amongst us have the actual best of anime ass and tits. gtfo with your shitty fetishes no one cares, faggot. look up "houtengeki" at some point and have yourself a time.

>>18585696
So let everything bankrupt???
The government is buying temporarily they'll sell it again after this is over. It's called saving the NATION.

>>18585696
You believe these bagholders over schizo doomsayers. You get what you deserve.

>>18583425
>Futures bloody crab
OHNONONONO BOBOS AND MUMUS WHAT DO WE DO?!?

>>18585696
Why wouldn't you fill every strategic storage facility when oil is negative?

what does it mean for oil to be negative?
do they pay you to take their oil? lol

Im not traowwwling im boxxy you see mmmm

>>18585754
You have to pay storage operators to take the oil because there's so much of it its fucking worthless.

>>18583739

>>18585735
They are doing it to keep it at 20, otherwise just leave it in the ground it's cheaper.

>>18585644
Lmao delusional worstfetish
>>18585696
Extraordinary measures for these completely ordinary times

lol CNN's chyron guy is having a stroke

>tiny correction after solid bull run
>thinking there is any chance of a return to the bottom
See you at spy 300

>>18585724
but free market !?

price tightening on futures O_O whats it gonna be moon up or down

All in on TVIX. I bought today and made 7%.

If I catch the next leg down with this thing, I think I'll go on a cruise and play a lot of roulette

>tfw I live in an oilfield town in north dakota

>>18585765
so are we gonna see saudis dump it into the ocean?

>>18585470
>I think that the markets will just go back to normal after the lockdown despite huge unemployment, mass shutdown if small businesses (banks ran out of stimulus money within 5 minutes, whoops!), hyperinflation in the financial sector due to money printer ("look guys, the value of my stocks are back to normal!" *real value significantly less*), mass wake-up call to normies if how pointless consumerism is, and the final economy restructuring to GTFO of China

>>18585775
this is literally what the US strategic oil reserve was carved out of several mountains for.

>>18584131

>>18583425
How expensive is it to store oil?

>>18585811
Might not be the ocean but they might dump it in the desert and set it on fire, which will be amazing to see if it does happen.

>>18585808
In the clown world up is down and down is up

trump is so fucking fat.

Why does this general have such shit memes compared to r/wallstreetbets? Never even seen anyone make money here

>>18585696
i don't get it. it's more or less impossible to figure out what's going to happen when you hold overnight. maybe you win big, maybe you lose big, who fucking knows? only intraday can you use TA to know wtf is going on at any given point in time, to find good entrypoints to any given trend, to have reasonable risk management.

seriously explain it to me because i don't get it. as cliche as it is, and i know it is, you guys must hate money or something. trading regardless of time frame is literally about nothing except risk vs. reward. for all of the people who went long on oil at $20 i don't even know what to say to you, whether to laugh at the absurdity or cry. i honestly sincerely don't get why you hate money. we are unironically in one of the most unpredictable and volatile times in the market in human history and you hold overnight. why? why do this to yourself?

im not even joking, why? i just hope you guys didn't invest that much compared to your total capital. i hope you gambled an amount you were totally fine with losing completely. if not, i hope you kys and don't reproduce, at least save the gene pool from your utter lack of intelligence, jesus fucking christ.

>>18585823
bout $3.50

>>18585825
here's hoping it would slow down the global warming...

Can someone explain a newfag why this ETF have a higher Price then the "real" oil price? Im realy confused

Should I go against my big bear brain and fomo into Abbott like my bull heart wants

>>18585823
Cost of permits + cost of renting (or mortgage) the storage facility + cost of transport from the field to your storage facility (but not the other way, since it's the other guys who'll come get it once you sell).

>>18585823
A lot. Must be stored in specialized containers or it goes bad.

>>18585848
Only one specific brand of crude is negative.

>>18585856
So basically millionaire shit. I wonder if people will start investing in building oil storage facilities

>>18585833
You've never seen anyone lost money here either. 4chan's age demographic is below 17 years old.

MOMMY BIRX IS SO CUTE WHEN SHE SAYS "NEXT SLIDE"

Sup biz, I have some positions regarding earnings throughout the week. Options are as follow:
DAL $20p 4/24, DAL $22p
T $30c 4/24
KO $46.5c 4/24
EDU $75p 5/15
LMT $400c 4/24
I am thinking of adding a similar option to profit if the stock goes the other way for T and DAL. Any other suggestions I am missing besides oil stocks and tankers?

>>18585644
>>18585719
Footfags and pitfags BTFO.

>>18585696
There really aren't many other options, anon. Think of the geopolitical ramifications for any backlash against the House of Saud. How effective would a tariff be? The long-term financial consequences for the entirety of the situation have essentially been throw out the window at this stage. The US will protect its oil industry under the banner of energy independence and national security, simple as.

>>18585317
CVX has the best balance sheet and cash reserve but it's more expensive than the other major players

XOM and RDS are runners up, XOM has low debt but little cash, RDS has a lot of cash but more debt. BP has high debt but high cash. PSX has high debt and low cash - Big avoid.

However this turns out it's been an honour shitposting with you lads

>>18585863
but making an airtight secure container should be very cheap, isn't that all you need?

>>18585833
go back

>flat line

the markets are dead

>>18585811
Nah it’s not actually worthless he’s exaggerating. It’s just expensive to store and transport. This is one of those market dislocation oddities that happen when the market is “breaking” here and there. And it’s likely fuckery generates by paper shorting and shit. Like gold futures, most of that shit never actually exchanges hands physically.

>>18585831
Kek

Ah man I’m feeling fat too. I don’t have the balls to fast while I’m locked inside all day, and I can’t go to the gym. Fuck.

>>18585829
-_-;
it was up

>>18583840
You realize we would have to drop to like 1998 levels for you to make your bag back right

>>18585823
smells kinda bad so you need someone with a strong nose

>FUTURES RIPPING GREEN

we got too cocky bobo bros

>>18585909
Just when you posted this it blasted

FUTURES GREEN

>>18585909
no

>>18585259
You. Dovbted. Me.

BVLL. SVRGE!

BVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

>>18583739
>local /biz/ tranny calls out the bottom

>>18585852
>biomeme
>past ATH
>during a depression
>right after oil went super-negative, surprising the market enough to cause meaningful price movement in currencies, but before the stock market could react properly
You know better, right anon?

HOLY FUCK

BULLBROS WAKE UP

>>18585880
Isnt WTI the brand or am I retarded?

>>18585888
People on youtube are clamoring “don’t fire fauci, Fire Birx!”
I’m so sick of this world. This is what we get when the president was the star of a show that was modeled after Survivor.

>>18584078
God I fucking hate their ugly alien faces

Anybody have the /biz/ discord

>>18585947
I know better but at the same time they're basically going to be a household name and they have a huge range of other interesting products like their touchless beetus monitor

>>18585964
imagine if everyone in the world was european looking and a woman had an asian looking baby.

nope false alarm

it was agonizing surge

>>18585900
Not when you're storing thousands of gallons. Just google how they do it.

>>18585990
Smol caps fucking surging

4me
;_;

BVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL BVVVVVVVVVVVVVVVVVVVVVVVVVVLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL BVVVVVVVVVVVVVVVVVVVVVVVVVLLLLLL

We back bitches! Where my paypig Bobos at? Come here sluts

SHORT SELLING ABOUT TO BE BANNEDD

short sellers got caught! hahahaha

Okay boys what if corona is actually over? Like, phase 3 by July 4th, Trump hosting massive celebratory ticker tape parade in New York, China has surrendered and become a subsidiary of Coca Cola? Full clown world. What if that's the world we live in?

OIL. SVRGING!!!!!!!!!!!!!

>TFW CAUGHT

>>18585964
Tell white girls to be less degenerate and we might stop liking asians

>>18586064
>>18586072
>>18586086
?

i just don't get it, how can you be in the stock market and like hentai and post this weeb shit? i've been on /biz/ since 2015 but never caught the drift of you weeb faggot posting weirdos

LMAO ITS ALL SHORT SELLING
DEFINITELY NOT OIL BEING FUCKING WORTHLESS

>>18585914
3rd from left

Surely Trump is smart enough to recognize June contracts will plummet as well if the economy does not open up?

>short sellers got caught

>>18586101
anon....

Hoping we get a update on the Joe Exotic pardon.

I told you fucks it wasn't that big of a deal

"he called you and said he's a criminal and didn't get a loaaaan?"

– donal j trump, president usa

>>18586079
>China has surrendered and become a subsidiary of Coca Cola
Kek my nigga

>>18585953
You're mistaking the company and the commodity ticker. WTI the company is also oil-related but it has nothing to do with the WTI crude oil.
https://oilprice.com/oil-price-charts/45
The tracker for WTI crude is USOIL.

new thread

>>18586134
>>18586134
>>18586134

>Futureniggers start pumping thinking that Drumpf is going to announce something for oil
>Its a nothingburger
lol

>>18585835
>no responses

was my truth bomb that big?

Boxxy wearing red?

Telsa poomping

>>18586100
why wouldn't basement nerds want to get payed to play the same videogame that the (((big))) boys play? NEETraders and collegefags gambling tuition are 90% of /smg/

>>18583425
PAY DENBTS

>>18586151
you think and write like a retarded teenager

>>18586180
Quit taking the bait dummy

>>18586151
The risk AND profit margin increases as the timeframe increases. For swing trading, you expect up to 10% upside (or 2-4 ATR depending on method) with an RR around 1.5 or 2. Thus, a small gap-down is perfectly fine, you care about what the price will look like in 3 days, a week, or even a month from now. As others have noticed before (epitomized in ewt), patterns repeat at multiple timeframes, so it remains sound.

>>18586086
you were naughty!!! Trump caught you with your hand in the oil jar! hahahaha

>>18586097
watch the news sometime kid

What do you guys use to trade options? I never applied on Robinhood and I hear it takes a lifetime to get approved

>>18585949

>>18586218
>kid

news are worthless during clown market.

>>18585159
Nice to see at least one anon knows what he is talking about. AMD is decent but way overvalued at present

>>18586113
hes trying to get parts of the economy opened up. a lot more things will plummet if the economy isnt open by june...

https://youtu.be/3FYPplO0PwQ

>>18585914
This is too difficult to choose.

>bull(shitters) can only pump futures by +0.3%

>>18585370
What if I told you being a good company and being overvalued are not mutually exclusive? Day trading price action doesn't mean you know anything about the actual company. If you did, you wouldn't say dumb shit like that

>>18585942
based bvll bro

>>>18572813
Anyone saw this comedy central?

>>18586545
>>18572813

genuine question; is it possible for private individuals to buy oil barrels from a producer?

>>18586604
Of course.

Why does Trump need authorization to buy oil at negative prices from Congress when he won't be spending any money? Isn't it free money?

>>18585719
Fucking basef

>>18586244
>clown market
Is cope for lazy people
>>18586350
It’s also not clear what the bodies look like under the water... but I’m pretty sure every pick is a winner