/biz/ - Business & Finance

>tfw my cat has coronavirus and is vomiting blood
shit

>>18633084
How we doing oil bros?

Will BA moon tomorrow?

Futures red
PLEASE BOBOS

>Greatest unemployment in history
>Greatest world wide debt crisis in history
>Greatest oil crisis in history
>Impending depression, possible war
>Stocks at same level last year during a bull run
*sips* Yup, sounds about right.

>>18633084
We goin red bois

are you currently unemployed due to the coronavirus?

Is BA the 2008 F of 2020? Or is it the 2008 GM of 2020?

>>18633436
You and 30 million others my dude.
Not me though, I got a promotion. Healthcare software.

>>18633454
if you work at epic I am going to find you and kill you (in minecraft)

>>18633084
>>18633084
>>18633084
>>18633084
>>Educational Sites
>https://nhentai.net/tag/trap/

why

I got raped on USO is there a good oil stock that can do a 10x? Can WLL actually McFucking Do it? 1 to 10 bucks? I mean I know they went bankrupt but who knows with 60 dollar oil?

I don't care about the odds I want the black swan okay? We all know oil sucks now but maybe if it goes clown world, where is the clown stock?

>>18633463
No, I said its healthcare software, buddy.

>>18633481
HAL

my new broker makes investing look like a video game

>>18633481
stay away from anything oil. you could've played SCO but that ship has sailed.

I'm really afraid that SNAP will keep mooning before I get my stimulus check. I was able to get a cash advance on my credit cards in time to buy after hours but man I need more SNAP before I get left behind on the way to the moon.

>>18633481
USL.

>>18633433
2775 needs to break first, that's the third bounce. bulls turn soon.

>>18633159
Why does everyone think we're retarded?

>>18633481
Leveraged commodity ETFs are almost scams. It just so happens that oil is the current one for retail investors to get hosed on. Usually its just JNUG

>>18633491
What health Care company should i buy for a long hold (5-10 years)

>it's another "futures go sideways" episode

>>18633481
I would wait a few months, then maybe look at XOM, CVX, RDS.B

>>18633480
a few threads ago it was demon girl, which was much more based

>>18633453
Neither of those companies specialize in commercial aerospace nor military defense; Neither of those companies are crucial to national security.

>>18633481
Double down on USO
It's at record lows, why wouldn't you?

>>18633515
>Neither of those companies specialize in commercial aerospace nor military defense
Neither does Boeing

>>18633481
Wait a while, look at XOM

Scenario question guys.

If I know company A will be bought out by company B in the future and think stock will go up should I buy company A or B?

when is chevron and exxon going to crash

>>18633505
Sorry, I have no idea about that. I don't buy healthcare stocks because most are just gambles that bleed money or randomly pump and dump.

>>18633481
why don't you buy snap man. look at what it did today and that is just the beginning. more and more kids are learning about snap every day. imagine getting in early for once on something.

>>18633463
insurance software? much better than some others.

>>18633496
What is the interest rate on your cash advance?

>>18633433
Are we ever going to have comfy limit down futures again? Tendies just aren't as delicious with this 0.5-2% babby range.

>>18633491
>>18633544
epic has a large market share for electronic health record software and their weird fucking college-style campus is near me

>>18633539
>Snapchat
>Early

Wat

aw man I only bought 3k in puts, hate it when I follow my risk management strategy instead of going all in

>>18633532
>XOM
>10x
I have XOM shares but I’m not going to kid myself, I’ll be surprised if it hits $50 by December.
MRO & FRO are the ones that are skyrocketing for me, along with HAL to some extent.
KOS is a riskier play, but can potentially be 10x
Personally I ain’t fucking with jt

>>18633159
What's the story with HOU?

>>18633463
You better deliver.

>>18633510
True.

>>18633505
gsk or sanofi

>not buying MCD

literally free money

>>18633533
usually the acquired company is the one going up (A) because B offers it all at once above market price.

google merger arb

>>18633565
nikkei is mooning why are you assuming red tomorrow. tech is pushing higher led by snapchat.

>>18633583
MCD and DIS are both overvalued, even now

>>18633575
another gap down tomorrow at open.

>>18633515
My point is will Boeing rise from the ashes like F in 2008 for easy 10x ROI.
Or will it go bankrupt and fuck over investors like GM in 2008.

>>18633561
>web 3.0 polish on a web 2.0 layout/presentation
looks like a shitty software sales/distribution site.

>>18633603
Hopefully it goes the way of Ford. When is Boeings reckoning day--April 29?

>mfw boeing
lmao this shit is gonna die

>>18633498
about 2 hours and we get to see mumu

>>18633159
Weren't you making an argument yesterday for HOU? How is that not going to be liquidated like USO?

Buy American Eagle at open. You're welcome

Can anyone give me some stocks recommendations before we go to war with Iran/Venezuela/China?

I want to catch in on this death.

>>18633605
hey, I didn't say I like them, but google says they are the largest electronic health record company in the country so that's what I think of when I hear healthcare software.
they have weird themes like indiana jones and harry potter for their buildings, its basically to make the people that work there forget they are being driven into the ground with 80hr weeks. I think if you don't commit sudoku for 5 years they send you and +1 on a week vacation anywhere in the world

>>18633596
Snapchat has zero reason to moon. Their platform is advertising.

Tech is reaching "New paradigm" levels of stupidity and it's smart to get the fuck out of there. Short stocks that have no business being high like Netflix and AMD.

>B-but tiger king and corona
Netflix has a shitty streaming platform that depends on "originals" because they keep getting jewed. Disney and Hulu are better platforms but they lack the name recognition of Netflix. If you look at the Netflix debt it's 14 billion. Their debt to equity ratio is 2, meaning that for every 1 dollar they make, they owe two.

This market is prime to fall as things continue to be locked up. At this point though I don't know when.

I just watched several episodes of the modern Loony Tunes bros (2018 - 2020). It wasnt bad necessarily but there doesnt seem to be a common demographic attributed to the show

why the fuck is the sp futures repeatedly bouncing off of -0.47%

>>18633690
I hate the art style.

>>18633651
I was making an argument to enter when it costs pennies. The etf is structured differently than USO. The dynamics are different in Canada.

>>18633669
wasn't trying to imply you liked them. It just took me back.
>the largest electronic health record company
>... with that website
damn we're fucked.

>>18633662
kek they literally had 2 bottoms

>>18633678
>AMD has no reason being high
Dude what? They're the next Nvidia but better. GPUs on par with Nvidia as well as CPUs better than Intel. AMD will %100. 4x in the next 5 years

>>18633678
What's wrong with advertising? Google and Facebook are advertising platforms as well. Snapchat has the zoomer audience.

>>18633084
>bloody thursday
lmao you wish

>>18633678
>short retail noobs favorite stocks to short
this is exactly why they go up

>>18633716
Exactly. Easy 30% gains when people stop panic selling this week

>>18633717
I'm waiting to see how their new high-end gpu's turn out. That's the area where nvidia beats them in.

>>18633662
Fashion retailers are being hit as unironically as hard as airlines but with less capital reserves and access to FREE MONEY.

>>18633662
Gee, I don't know, Milhouse. The jews told me they pulled their guidance and seemed less than enthusiastic about their increase in online sales. Do high school kids even like that shit anymore?

>>18633766
>Do high school kids even like that shit anymore?
AE stopped being cool 10 years ago.

sup frens how is everyone doing? i hope you guys are winning or at the very least holding because just like the sun it will rise again

>>18633753
Yes. But they had an unsustainable 20% drop today. Easy flip. Idc about longing AEO

>>18633481
buy HLX TRGP CEQP SSL NBLX EROS and thank me later. hold for a while and you will make it up. btw just hold that USO too. still a dumbass for buying a oil etf. buy companies like XOM PSX maybe to be safe on oil.

>>18633705
Here's the methodology of the underlying index HOU tracks, for anyone else that's interested. Page 5 for the formula.

https://www.solactive(youknowwhatgoeshere)com/wp-content/uploads/2017/04/Methodology_SOLCCLER.pdf

testing out the braindead bull strat with .01 shares a day, let’s see if it can survive earnings

>>18633783
Uhh no, AEO dropped 20% because they pulled their forecast and took on $400m in debt in the same two hours.

>>18633662
abercromie hit lows too faggot. buy that instead. chads wear A&F. Milhouse wears AE

Do any of you young whipper snappers know anything about Torque Esports? Ive come across the name twice now in my wire. First story was about partnership with facebook gaming (just released few days ago). Now the company is in an acquisition. Anyone have thoughts on this? Might enter a position in the morning.

https://finance.yahoo.com/news/torque-esports-deliver-gaming-streams-132000300.html?.tsrc=rss

https://finance.yahoo.com/news/clarification-torque-esports-enters-definitive-160800240.html?.tsrc=rss

>>18633783
>Idc about longing AEO
I hear you. Fashion retail seems like a great way to get caught holding a bag atm. The Shekelsteins get theirs during after-hours and the commoners get fucked at 9am as it drops back down. I made some money from the LB drop but I got the hell out of there at 5:59pm.

>>18633596
we just crabbed through today's upward support on the SPY, next one is ~1% lower. realistically the air underneath is pretty thin, yesterday we also crabbed through the long upward support since the low. tech will be lagging this time because they're still chugging along at 90% with WFH, but what happens when the target audience for apple products (primarily being dumb service workers) can't buy the new version?

How fucked am I tomorrow? I also hold CARR, DOW, KTOS and NET in my TFSA

>>18633726
snapchat died with zoomers like a year ago, even tiktok has already peaked

>tech again getting boosted from shorts
Don't be a retard that holds long on these.

Honestly who the fuck even uses Snapchat anymore

>>18633879
SELL EVERYTHING YOU FOOL!

>>18633895
It seems like social is stagnant in general. I wonder how many people are simply unplugging themselves from the shit. Kids are glued to the screen at a younger age but there are more options. On a personal note I'm surprised how many pre Gen-X are on Kikebook.

>>18633895
Not according to my zoomer niece and her friends.

Who's best positioned to take advantage of the cost to orbit going down by a factor of 100?

>>18633930
thots and the simps that follow them

also zoomers

>>18633945
What the hell is DAU?

>>18634003
I think it's Daily Average Users.

>>18633930
Anyone 21 and under

>>18633820
What are you doing? Going long on Google??

It's going to 6 gorillion dollarydoos.

>>18633717
They have to continue forward with flawless execution. Their GPUs have repeatedly shown techincal flaws and do not compete with NVIDIA's actual high end, with exception given to the SSG. INTC is liable to whip their asses as they restructure their architectural modalities into MCMs and away from monolithic. Their process advancements will put them in parallel with TSMC. Geopolitical instability causing a schism between CN and everyone else will probably cause at least minute supply chain disruption, and if TW gets shook by CN TSMC is going to choke meaning AMD and NVIDIA are liable to lose their lithography contractor.

And their fundamentals just don't match. They only have their IPs and their IPs are only good as long as they remain competitive which has yet to be seen.

Bulls tomorrow https://youtu.be/PYUWtWoiecQ?t=8&disable_polymer=1

>>18634048
Buy XOM or Shell?

>>18633481
HLX

>>18633481
>which one is the clown stock
First of all kek
Second, anon I..

>still no space in cushing for physical delivery
>the june contract will do exactly the same shit the may contract did for exactly the same reason
>oil up 10% today
who the fuck is buying June oil futures of all things right now

>>18634048
>Conveniently crop out that its $15 fucking dollars

Wagie wagie get in cagie
All day long you sweat and ragie
NEET is comfy, NEET is cool
NEET is free from work and school
Wagie trapped and wagie dies
NEET eats tendies, sauce, and fries

NEET empty my pee jugs

I made huge gains on UUU today and it's the future of energy get in while you can.

>>18634111
nice quads. its a hole fill, purely technical. chill

I don't know if I'm gonna name it bros

>>18634131
it's right there in the upper corner retard

buy USO puts that expire 2+ weeks from now they gonna flop after they reverse split and idiots stop buying it thinking its cheap

Is the stock market bad for your health?

>>18634146
Name it?

>>18634160
Just buy and hold. It’s a guaranteed strategy.

Is a 3x treasuries bull ETF a good idea right now? Once the next fake and gay bull run starts money will pour back out of treasuries and into equities, right?

>>18634184
Crabbing ruins most of the "discount" of leveraged bull ETFs. I absolutely will close all my shorts and put into SOXL, SPXL, etc. once the voltaility dies down

>>18633534

Chevron is bulletproof

why is oil pumping right now

>>18634153
Same. USO is 100% fucked now that its premium is so high. When it reverse splits, thats a bad sign for real investors, and for dumbass retail investors they wont want it because its too expensive.

>>18633781
based

>>18633539

Snap has been around forever...

Does anyone else have a few tickers they'll never mention on /smg/ for fear of people turning it into a meme like RTX?

>>18634184
You'd get better risk/reward elsewhere.

>bro the second corona wave is gonna be bad in the winter
>mfw equatorial countries with no winter are getting dicked by it

>>18634211
TQQQ based me too <3

>>18634205
Opinions on Exxon?

>>18634221
Nah I shill WM all the time but nobody cares.

>>18633454
based. I just got an offering for a position at a healthcare software company beginning of this month

>>18634224
It will never end because extroverts are retarded.

>>18634221
USFD isn't interesting to memers apparently.

>>18634231
The ghost of John Rockefeller powers it’s gains.

>>18634221
tell us and we won't shill it we promise

>>18634061
Seconding the possibility for an INTC rebound with their latest process technology node improvements (beyond 10 nm) and refinement of MCMs. Their process technology roadmap post 10 nm looks fruitful, and if there are any interruptions in TSM's throughput, INTC does have its own custom foundry now as well if they wanted to steal some market share.

>>18634221
SSL

Thoughts on LUV? I got puts and I'm fucking pissed because they moved their earnings.

>>18634231
Indisputably better than CVX. And that's a fact.

>>18634221
How Jewish can you be?

>>18634248
what degree and amount of networking did you need for that degree? i'm in accounting and thinking of pivoting into software dev

im balls deep in Boeing call options at $150 expiring 5/8. I feel like i dun goof'd. should i hold or sell?

Do you invest internationally, /smg/?

***AIRBUS CHADS REPORT IN IMMEDIATELY***

Post yfw Airbus fucking quadruples and Airbus itself has to fly planes over your house just to dump all of your money in your backyard. Imagine being a subhuman (((Boeing))) nigger when they will be getting dabbed on so hard. Airbus is going to fucking MOON leaving all of the Boeing shareholders with their limp dicks in their hands. If you are Boeing trash don’t bother replying, the only thing that’s gonna be more worthless than your stock is the next 737 that’s gonna be found in a smoldering wreck in some flyover state corn field

>>18633517
it's about to go 8x from what I've heard

>>18634306
Well I bought 2 shares at $155 so who’s more fucked

>>18634307
I want to short all the EMs.

>>18634312
Cope. When BA is surging past 300 you'll be crying.

>>18634061
>INTC is liable to whip their asses as they restructure their architectural modalities into MCMs and away from monolithic. Their process advancements will put them in parallel with TSMC.
Imagine actually believing this. Bad news Intcels, the process competitive advantage is in the dustbin of history. Intcel will never compete with TSMC ever. The only shot they had was making the 10nm process production worthy and they blew it. Something about a certain 300million dollars blown on one very worthless thing when it should have been spent on R&D. You know what I'm speaking of. Face it, Intcel got cocky and it will cost them and their investors dearly. Even Apple is saying bye bye for good soon. It's ogre

>>18634307
I live in Canada, investing only domestically would be stupid, my entire TFSA is American stocks (except a speculative bet on Boston Pizza Royalty Fund)

>>18634337
BA is surging past 300 if Jerome himself starts buying all the shares at 300.01

>>18634312
RTX can supply engines and avionics to any manufacturer, and their defense business gives them a rock solid fallback. RTX is a big brain aerospace play. Spirit looks interesting, too.

>>18634326

just hold of course, Boing is a safe long term hold. I'm over here gambling and risking losing everything if it heads the other direction.

Good morning /smg/

>>18634389
Good morning!

>>18634389
It’s 10pm

>>18634347
>Jerome opens Robin hood
>2 trillion instant deposit
>Market close soon
>Swipes to BA
>Market buy 200,000,000
>Swipes to DAL
>Market buy 400,000,000
>Swipes to Microsoft
>Market buy 800,000,000
>*ding ding ding*
>*sips coffee*
>"Jerome saves the day again..." he whispers to himself

>>18634027
>doesn’t know about the tok

Is it time for long term calls yet?

I have plnt and dal in mind

>>18633497
>USL
OK thanks I like that too looks like the legit version of USO pretty much

>>18633509
>just buy stocks down 10% for your black swan bro

>>18633571
Thank you based reading comprehension bro
I like HAL a lot based on its going to go fucking apeshit if there actually is an Iranian war and also it can just go up with oil

Frontline is a good pick but not too sexy but good, better than Teekay Tankers imho
Kos has an unreal dividend holy shit with 600% potential, you have a gentlemans taste in stocks and a scholarly one

>>18633539
I don't see how its the next Google maybe im crazy and I always preferred Pinterest but I am strongly considering it if I got a huge oil runner also how am I not buying early on oil when its down fucking 60%? I realize most stocks are extended.

If I get 100K I will put at least 10 into SNAP

>>18633787
Yeah maybe I'll keep my current 40 options on USO just so I don't feel like killing myself if it moons. You sound like you get laid a lot if I am too be honest and not at all sarcastic thanks for the boss stock picks they all look dope

>>18634379
>I'm over here gambling and risking losing everything if it heads the other direction.
buy drugs it has a better high

Are MSFT, V, and KO decent long term investment stocks? What about DFS?

Futures green.

>>18633829
i dont know but they were up like 300% already today so how much room is there to grow

Anyone still holding SQQQ?

>>18634452
WM

>>18634337
The only thing that's soaring over 300 is your death count, nigger. Why don't you go get outsourced somewhere else?

>>18634359
I'm waiting for earnings before going in on them again but will definitely add to my portfolio

>>18634452
Buy RTX, NET, CARR, and BAM for long term investing.

>>18633712
The program is not bad for what it's designed to do. Ive used the shit out of it. They push out pointless UI updates though.

"You heard that right, one thousand shares of Deutsche Bank"

>>18634211
ouch. you are going to be really hurting may 4th

>>18634419
kek. The image in my mind is vivid especially the part where the phone starts ringing and he's scrambling for it knowing it's President Trump checking up on him

does anyone have that screencap of the post where the guy is asking what jewish magic is this when his stock goes down 10% and then goes up 10% he somehow has less money?

>>18634418
Its 7 am here anon, did you remember to fill up on cheap diesel and gas?

>>18634513
RTX and BAM are already almost 40% of my portfolio, trying to diversify. Visa and Microsoft seem safer to me than NET and CARR.

>>18634481
thats a very weak green

>>18634551
CARR is the safest buy in the world right now, look at their 10-K compared to anyone in the same business, they're criminally underbought.

>>18634533
kek i remember an anon asking that here not that long ago, i dont even think he was trolling

>>18634541
you realize those gas cans are worth their weight in gold. you cant get vent holed cans with free flow pour spigots anymore

Theyre setting the stage. Probably be a good idea to get the fuck in oil, right the fuck now. Oil men run the world, anon. No fucking way theyre letting their cash cow stay stuck at sub 20 a barrel, even if they gotta ice a dictator or two.

>>18634467
they're red tho

>>18634570
london or nyse?

>>18634527
I'm ready for anything, Bobofren

>Bonds collapsing around the world
Haha, everything is fine.

>>18634594
>buying a shitcoin commodity that just went to -$40 because war is coming
>not buying missile stocks like RTX

>>18634606
NYSE, Carrier Aircon, the UTX spinoff

>>18634467
It's almost the same pattern trading that we saw at 1am on the dot last night as well. WTF?

>>18634623
robots?

BLOOMBERG: "NEGATIVE $100 PER BARREL ON WTI IS NOT IMPLAUSIBLE"

>>18634611
this seems like a reall balanced and smart play. long term holding the actual growth stocks for guaranteed gains and short term holding loss options. hmmm i might have to copy your strategy. did you calculate math to figure out the perfect balance of puts vs your stock holdings? or did you just do what felt right?

>>18634623
>You'd better start believing in a rigged market. You're trading in one.

You DO participate in deciding the fate of the companies you hold shares in, yes?

>>18634479
Torque Esports ticket is GAME. They were not up 300% today.

>>18634541
No but it’s a good time for me to fill up the car and truck. Thanks for reminding me

>>18634597
>YM
>"futures"
kek

>>18634623
buy program, algos believe in the wave. algos believe in the fibb. We're going to 2920.

>>18634665
wht did you vote for? did you vote for more market manipulation and arbitrary 1,000% pumps to help us NEETs ?

>>18634664
wait... what?? someone said it was just clown market.. now it's a rigged market? Am I just wasting my time????????

>>18634643
Bullshit. Oils about to skyrocket. The us oil debacle scared everybody off now the money men will swoop in and pick the carcass clean.

Typical tricks.

>>18634680
I'm believing to think we're just observing python scripts talking to each other.

>>18634611
You know, all of your positions can get blown in a single red day in this environment, right?

>>18634617
After looking into CARR, they seem pretty interesting, I'll keep them in mind. I plan on buying ~1k in shares tomorrow, will consider buying some CARR.

>>18634681
>Oil to skyrocket
Bruh, nobody has storage to store all this oil and nobody is using it. Thats why they are paying people to take it.

is the global economy going to survive until september?
my NEETbux are running out

>>18634681
They won’t let oil fall into the abyss. Bad for the rest of the market. Also scares odd employers

>>18634664
>mfw I'm holding a spy put
Do I buy spxl calls or spxs puts?

>>18634681
but that's not how oil works....................

>>18634680
>You are now aware experts still cant explain why the fuck a travel advisory company in the midst of a global pandemic where no one is traveling anywhere mooned 2700%.

Its a rigged clown market, anon.

>>18634679
I've voted in 3 of these so far and they're all the same: who do you want to keep on the board, should we hire <company> accountants, some real thing. It all feels over my head but I figure I should get used to doing it. Also that's Liberty A, not B. They are also talking about a reverse split, but I only have 1 share that I bought ages ago to test Schwab's app so I'm not that affected.

>>18634719
Up to you. I’m not betting against the American economy

>>18634719
stick with spy for options. better liquidity and less worrying about it not performing like the underlying. SPXL and SPXS are for day trading, not holding.

>>18634686
what about python talking to c++ then java getting in the middle of it? could that be possible.. can they understand each other? would it be like that time i was trying to negotiate in english with the spanish hooker and the french guy coming in trying to get himself in the mix somehow?

>>18634750
yes

>>18633491
>Doesn't know epic
Confirmed to be LARPer.

>>18634712
Germans are going back to work.

>>18634665
Congratulations on all that fucking money you made last week.

>brent mooning out of nowhere
i just lost like another $10k

>>18634720
No, but its how the MIC works.

>>18634776
Too bad it's liberty A, not B >>18634734

>TD ameritrade lists new accounts number is open 24/7
>call
>new clients department is closed, call back during normal business hours

>>18634652
Thanks but I wish. I'm about as seat of the pants discretionary as it gets. My trading rests on two fundamental axioms. In the long term the number will go up, in the medium/short term it will fluctuate and be tradeable. Right now I'm accumulating holds in my Robinhood account so the puts are there purposefully to eventually get assigned. Before that happens, it's a game of cat and mouse where I amuse myself seeing how much premium I can siphon off. My futures account on the other hand is where the real money and my trend following strategy takes place. Not a lot of complicated math nonetheless the gains are pretty regular. For what it's worth, I'm profitable this year despite the market shenanigans.
>>18634689
> You know, all of your positions can get blown in a single red day in this environment, right?
Don't threaten me with a good time, anon

>>18634643
>>18634681

WTI is basically landlocked
Use Brent

>>18634704
Ah, but how can they pay people to take it if they don’t have room for it, huh?

Goddamn what’s gonna happen when those tankers get here...

what if i told you most algos are blackboxes handed to pajeets dragging and dropping a GUI that a company paid tens of millions for

>>18634809
I would believe you.

>>18634727
Are people planning trips for the future? Or are investors just speculating?

>>18634800
Oil producers might have to actually start burning the oil they just pumped. Saudi is probably planning on it, or dumping it in China. Tanker ships will be paid to sit in ports and do nothing. Pipelines will stop pumping oil. Fracking operations will forced to shut down. Oil platforms at sea will be forced to shut down. Basically total disaster.

abba saves the human race from its own sheer stupidity.

When will these fucking numbers go down... I’m getting sick of this. I want to resume my fucking life.

>>18634809
It's all just AI: Artificial Indians.

>>18634821
I'm going to be tripping in about two weeks
You?

I have a feeling SNAP puts are about to get blown out for a few days.. anybody else have that odd feeling or is it just me?

>>18634836
China has probably signed contracts to buy all that they can hold and then some.

>>18634727
Fucking pump and dump. Volume in the 6-figure range.

>>18634855
SNAP will run, maybe to 18. But I was planning on shorting.

>>18634585
I've got the connects

>>18634836
is this why brent is fucking mooning right now?

Imagine not taking a chance on GUSH. Literally cant lose at this point if you have a small amount to play with

>>18634883
Who knows why its mooning, all bullshit. Theres no resolution in sight. Shits going to implode.

>>18634774
what does that have to do with anything?

>>18634865
I plan on shorting too.. but maybe next week.. or friday... just have a feeling puts gunna get wrecked since so many people will probably be buying them.. will probably wait till premiums start dropping heavy before shorting

>>18634842
Blonde is one smokin hot piece.

Do you have a big wrench /smg/?

>>18634888
sold at 22. made great fucking profit too

Only to then watch it stride on, completely unaffected by oil crash, to 28 dols.

>>18634940
I needed a 15 and accidentally ordered a 24, no idea what the hell to do with it

>>18634923
You're asking about the global economy. Some countries are reopening.

Trudy said students will get Trudybux! Yay! More money to invest!

>>18634959
Throw it into the storage container, its the twilight zone of equipment placement due to the counter shift no idea where to put anything

>>18634788
D'Oh!

>>18634940
na not that big.. also only have the medium sized pipe wrench... fucking bullshit when I need to go tighten or loosen something only for it to be like 1mm off or some shit.. fucking hell man.. worst feeling ever.. i've turned down a couple jobs just cause I don't have that size wrench and don't want to buy it just for one job.. my dad does.. but fuck.. i don't like to borrow shit from him..

>>18634973
depends what you do. some people probably use that size wrench every day of their lives.. for the average joe tho and even the average construction worker.. thats a pretty big wrench...

>>18634977
I watched that whole thing play out. They froze trading around 100/share, the insiders sold and when it was all over the price was lower than when the whole frenzy started.

SEC are clearly asleep at the fucking wheel.

>>18634987
I'm a mechanic by trade. I have yet to use a 24 inch crescent for anything legitimate. I did use a 60 inch pipe wrench once though

>>18634541
Friendly reminder that fuel goes stale over 6 months.

>>18635002
No, the SEC just very clearly hates retail traders.

>>18635024
You don't eat it, silly.

>>18633717
This anon might be onto something. Quick googled it and AMD won the PS5 contract, their stock is going to shoot up late this year and early 21. Also speaks well of the quality of their processors.

>>18635010
yeah.. most people will never use it.. thats why i've never bought it.. i might use it once a year IF that and it's not worth paying whatever retarded price it is to use it once.

>>18634689
Actually while I'm thinking about it, lemme red pill you on something regarding writing options that isn't always obvious to neophytes.
Very rarely will a put or call you've get assigned early despite it dipping into the money. The upshot is pretty simple, one can write a call, put, iron condor/fly, whatever and give it however much time you want to expiration. At some point before expiry your strikes may get breached but don't sweat it, you probably won't get assigned. This gives you plenty of time to wait for a time when the price of the option swings back in your favor putting you in profit at which point you close. You probably won't get assigned when the counter party is in profit so just wait for your own opportunity at which point get out. So even if we have a big red day and I'm breached, big deal. FWIW, both my TQQQ 62 and 61 puts were breached yesterday yet I still have them. I'm only belaboring the point because the psychology of the likelihood of getting assigned despite the option being in the money significantly affects the long term profitability of option writing

>>18635024
Thats why you use a few thousand liters a shift

>>18634727
Bots vs bots..
You thought Terminator was just a movie

Just put my whole CERB cheque into USO. Oil is going to go up like crazy from this bottom

>>18635024
then it must be super duper stale if it is dinosaur cumm

>>18635111
Screenshot or ban

>>18633717
>P/E: 190

>>18635058
>old news

AMD is great, but they are definitely over valued right now.

>>18635111
why will it go up? that is what people aren't answering.

>>18635111
>buying oil
retard.

>>18635002
I watched it in my poorfag app, sat in front of a shuttered AMC theater. A pig pulled up to drink his coffee—cops love gambling in the stock market—and I called to him and told him to pull up HIS poorfag app and we sat and watched it go.
It all reeked of horseshit but it was a sunny day and it was nice to enjoy it for fifteen minutes. It's been a cool and cloudy spring this year.

Fuck yeah futures green as fuck, another day of bears getting annihilated!

「SEC Chairman Fires Warning At China, But Will This One Hit Its Target?」:https://www.forbes.com/sites/kenrapoza/2020/04/22/sec-chairman-fires-warning-at-china-but-will-this-one-hit-its-target/
What will they do to Chinese stocks?

>>18633481
Dont listen to these fucking faggots, especially the faggots recommending HAL.

Here is the ONLY shit you should be touching in oil atm:
-XOM
-MRO
-RDS/B

WAR SOON RTX CHADS GET HYPE

>>18633820
Straight up one of the most autistic things I have seen on this board.

ETSY ceo just made 200 million dollars off his stock options.

40,000 options, cost around $10.
Current price around $60.

40k * 100 * 50 = 200 million

By comparison the company itself has like 800 million in cash.

Holy fuck somebody just dumped a ridiculous amount of oil and now the price is dumping

>>18634940
>24"
>big

Diamond driller here, I wouldn't even scratch my ass with a 24

>>18635192
next time I think about buying a put can you just shoot me in the leg?

PE bro here, where my bruh at?

>>18634940
I'll only need one if my tire rod breaks.

>>18634969
A.whats the word on the frozen tundra about muh Barrick Gold? Is it time to double down?
B. What does that mean? Did students not get stimulus bucks before now?

Is anyone else buying a ton of DEAC right now?

The final stockholder meeting is tomorrow and once its approved, DEAC becomes DraftKings, the first publicly traded sports betting, etc company.

I got in for 17

Does anybody here actually trade futures? Can anybody do it? It seems fun and volatile.
t. brainlet, please don’t bully.

>>18635312
Students who didn't already have a job got diddly fuck before now

>>18635312
>Did students not get stimulus bucks before now?
As far as I know, students did not receive any specific benefit in the first run of stimulus legislation. The bux required that you reported at least $5000 in income for the previous year. So I guess if they didn't have a job at all they would have been ineligible.

>>18635330
just log into your broker. there is nothing more complicated about that. they are traded just like shares. nobody really keeps them until contract expires.
your broker might require credit approval, but be ready to have a lot of money for the trades to actually mean something

"Muh P/E" is something people say when they have absolutely no idea about a stock.

>muh P/E low, investopedia told me this is good
>muh P/E high, investopedia told me this is bad
Meanwhile big boys just chug the "bad" high P/E companies in fucking hundreds of thousands of dollars a piece and make crazy money off them.

>>18635330
>It seems fun
OH NO NO NO NO NO
FUTURES ARE A FUCKING SCAM
I WIPED OUT 100 BUX ON THIS FUTURES SHIT AND ONLY NOW I AM RECOVERING FROM IT

REMINDER:

If you’re relying on the term “clown market” to describe a confusing and baffling situation, you should try being more imaginative and do more homework. Get curious!

ALSO:
The ECB is getting VERY close to announcing that they’re following the US federal reserve in buying “fallen angel” bonds. This WOULD juice the fuck out of the European markets, if it weren’t expected by most people.

Still, big money likes to wait for confirmation, and Lagarde is still new to the job. So I expect some green over this. I would NOT short the euroZone right now.

>>18634883
A lot of Brent is from deep water or other ocean drilling, so it’s accessible to tankers and other ships. It’s much more in demand than wti for that reason.

Why is it mooning RIGHT now? Don’t know.

>>18634727
What’s the volume like? How much would it cost to create that spike?

I think algo warfare is likely. It’s not a penny stock, so I’m curious about the volume. I wonder, if there’s a rumor planted that the saudis are investing in more travel related companies and made a bid on that one, I could see some stocktwits fools buying in. Or a short squeeze?

>>18635345
Ah that makes sense.
So... who benefits from this?
My gut tells me EA, they make all the NHL games right?

>>18635374
how is it that current month wti went negative, but apparently in just a month it's back to $15?

>>18635330
Futures are the badass. No pattern day trader bullshit, huge tax advantages, 23/5 trading, practically unlimited volume so spreads are usually one tick apart and the fees are structured so that you profit on the very next tick. And the best part is if you're a good trader you can make huge bank with the massive leverage they give you.
I trade mostly index futures with Amp Clearing. They're awesome as they have super low fees (78 cents for the micros) and really low margin requirements. To put those fees in perspective they're about 1/50 what you pay to trade bitcoin on most crypto exchanges.
The thing about futures though is if you don't have an edge as a trader you will struggle. I'd say the biggest problem for newfags is over leveraging. Start out with at least a $2000 account as an absolute minimum and if you go in that low trade the micro Russell since it has only about a $6000 notional per contract. That way when you buy one contract you'll only be 3x leveraged.
For trading, stick with a trend following strategy. The tried and true higher lows and higher highs. Then keep a tight stop. You'll make it

>>18635368
That means somebody made 100 bucks. I want to be that somebody

>>18633678
Debt to equity means that more just goes to paying interest, not that "for every dollar earned, they owe 2". Maybe when they go bankrupt but then they'll divide the assets among the debt holders and the equity gets whatev is left

>>18635450
I’m sold. See you out there soldier

>>18635360
I'm a fundamentals guy, and I'm slowly but surely coming to this mentality. It's fucking nonsense, P/E is the best way to value any non-startup, but watching Netflix soar is just baffling. The next century, not the next decade, but the entire century already belongs to Netflix according to its valuation. That seems to be getting a little ahead of yourself, especially when revenues were lower than expected despite the fact that new members was almost double what was expected.

>>18634727
>>18634864
it was low volume shit though. it doesnt make sense, if you look at the buys it was low as fuck volume

>>18633717
since when is AMD in the GPU game? AMD has always built slow but cheap processors

WHY ARE FUTURES GREEN

>>18635502
honk honk

>>18635502

Because we've got a week until the big "earnings" reports come out, everyone in the world is screaming for USD so we're facing deflation and the Fed has told everyone the money printer sure as fuck is going brrr

We've got some time left before reality kicks in

>>18635502
I don't expect it to hold, so it will probably limit up here shortly.

Everyone's either just holding cash waiting for a sell off or just hodling at this point. Only trade bots and the fed are the only ones buying.

>>18635282
Why would you scratch your ass with a wrench anon

Check out IMMU in the morning ;)

So are oil tankers the thing to hold? or is cash before the crash the only way to be?

>>18634727
Time to buy puts?

>>18635447
It’s futures contracts that are an obligation to receive 1,000 gallons at a terminal in Cushing, Oklahoma, at a set time on the 1st of the month.

>The specific costs associated with a failure to accept physical delivery depend on the specific contractual arrangements entered into by the futures contract holder and the Futures Commission Merchant (FCM)—the entity responsible for executing the buying and selling of futures contracts on behalf of a client. The possible costs could include a combination of direct monetary penalties, reputational consequences, the liquidation of the collateral deposited by the client in the margin account with the FCM, the revocation of trading privileges, and the costs of any legal settlements resulting from the breach of contractual obligations. As a result, holders of expired contracts obligated to take physical settlement rarely fail to take delivery.

Now, could you imagine why you would rather be holding a contract dated a month later at that time? Or perhaps, could you imagine a scenario in which more contracts are available for the nearer month than the further month?

Perhaps if more storage were available next month, more usage were likely next month, or less pumping were likely next month?

Or what if people had short-sold many of the contracts, and no one was willing to buy the contracts off the traders, because they could see the position those traders were in was about to explode? (I’m actually not sure if you can do that with futures contracts, so someone please correct me if I’m fucking up).

Or maybe more containers are being manufactured and will be available a month later, or the tanker trucks and railway cars take time to move to that specific terminal, and all the ones close enough have been allocated already?

You’re also literally describing contango, so if you’d like to know more you should read about it.

>>18635550

Don't knock it til you try it

>>18635547
>he thinks the fed has started buying equities
Oh sweetheart. We’re still below all time highs. If there were a hint of a rumor that the Fed were buying equities, what do you think every bear in the market would do? And every bull?

>>18635472
Excellent. Good luck fren

>>18633717
The current price wouldnt be justified even if it already did all the things you are hoping it will do.

>>18635490
Wut? AMD has been ahead of Intel in CPU speed multiple times in their history and are absolutely stomping Intel's ass right now. You need to get up to date

>>18633879
Just hold rtx for a year or until a war breaks out and youre set

Posting this late at night near the end of the thread to minimize people seeing this.Will say this once. I have been working in the New York Stock exchange for 9 years now, toiling and smiling at the slimiest scum on earth, shaking hands with coworkers and clients pretending that I'm happy to see them. One benefit though is getting insider information, which I am sharing with you /biz/. Shit is absolutely fucked. These CEOs have no idea what they are doing, and are now panicking over how Corona ruined all their deals, delayed debt payments. Hyperinflation is about to set in this October. To prevent this, Trump will be working with the US Army Engineers to construct a giant printer. This printer will print a million times faster than any previous printer, being a 100 feet tall and 200 feet wide.

Apparently this project is under the name "Midas Rex". I have no idea how long they've been planning this as a contingency, but either way make sure to sell before the crisis comes, /biz/.

>>18634092
my nigga im getting more tomorrow

Where is the market moving today /smg/?

>>18634283
SSL HSX and CEQP are all home runs

>>18635711
From the left side to the right side.

>>18635690
ty anon I'll be buying up xerox stock since they're the largest printers in the biz

>>18635595
I think the problem is people think futures are the same as stocks, they are not. Youre buying rights for that literal thing and a retail trader will get completely fucked if they are holding an expired contract.

This is also why next months contacts are headed to zero for oil. People dont have enough room right now and demand isnt going to magically restore itself in a month. It might be even worse. Bloomberg wasn't joking when oil could go -100.

>>18635711
having a seizure around +0.2%

>>18635564
Care to elaborate on what you’re trying to say? I noticed it jumped like 30% in after hours trading but I feel like people will be taking their profits first thing in the morning

>>18635690
Safest bet?

>>18635711
It's going to be another few million jobless claims, so if the trend holds, big green

>>18635729
Can we go up or down too?

>>18635711
S&P to 2900 in preparation of 3k tomorrow

>>18635690
This isn’t even a good joke because it doesn’t make sense. To prevent inflation, they’re going to build a bigger printer? So they can print more money?

That’s what they would do to prevent runaway DEflation.

>>18635740
True but it’s not like it was only retail traders who blew it. Apparently hedgefunds and moneymanagers, all sorts of fuckers were desperate so they didn’t get stuck with a ton of oil they couldn’t receive.

>>18635772
Sure. Thats actually quite likely.

>>18635608
i dunno, what?

>>18633717
>GPUs on par with Nvidia
As someone who worked for their gpu group, unless something big changed in the last few years, no

>>18635690
>implying if paper rex starts running that cash will be worth more than paper
>implying that any asset will be worth more than the paper it's printed on
>implying that midas rex won't cause massive paper shortages
if you atm own any paper materials that don't have any bullshit written on it, it's worth its weight in gold (or in paper as we will be saying next year). Hell, even a basic white t-shirt will net you a procent point of Shell next year. If it's printable it's money (or it will be soon anyway).

SELL GOLD
SELL BITCOIN
SELL STOCKS
SELL BONDS

BUY PAPER

>>18635749
Its gonna blow up more tomorrow. They closed trading for today

>>18633426
nobody cares. back to ath in june.

>>18635775
If that happens i lose all my money

>everyone thinks today will be green including biz and wsb
time to try inverse for the first time

>>18635270
let me guess, hes now going to resign and go live the comfy life just in time before the company implodes

>>18635849
> AND IT'S GONE

futures negative again in a complete nosedive. I LOVE WATCHING LOW VOLUME SPIKES OF 0.5%!

>>18635894
Nah ETSY isn't really that good of a company, they don't own enough physical assets to leverage debts against.

>>18634338

>>18635803
Oh holy shit. This is big man, thank you

odds green
evens red
dubs double digits
trips breakers
quads ww3

oh my

>>18635946
(((estimate)))
(((actual)))

>>18635979
Will we see /sub dollar euro/ in our lifetimes?

>>18635998
Negative Euro is not off the table

>>18636008
bruh

>>18635993
10nm actual seems to be slightly better but severely late.

Don't be surprised if they come out swinging in 2021 with 7nm + Jim Keller designed arch

Uh oh

>>18635461
It means the bank made 100 bucks actually.

>>18636068
>reported

>>18636068
Expect any deaths that come out of ch*nk to be atleast 80-800 times as bad in reality.

>>18636068
[X]

>>18635360
Just because a few high P/E companies have made it doesn't mean all high P/E stocks are good. More often than not, high P/E stocks are often bubbles.

>Spent 10k to buy oil future contract when it's 0.01, think even if they're total lost it wouldn't make nuch different
>Got force closed at -40
>Become 40 million indebted

>>18635475
P/E is based on the latest result. If you expect a company's profit to grow exponentially in the future then that is the case that you shouldn't mind the P/E.
However, the question is, do you expect a company like Netflix to be able to grow their profits exponentially

>>18636090
80-800*0 is 0 you moron.

China has no deaths

>>18635538
How much time have we got?
People say about 2 weeks but I say 3 weeks before reality kicks in because people are not spending.

>>18636177
Ok, chang.

>>18635803
>he's buying the news

F to your bank account

>new >>18636188
>new >>18636188
>new >>18636188

The Trump pump 'n' dump edition

>Brokers
https://pastebin.com/F1yujtVq (embed) (embed)

>Stock market Words
https://pastebin.com/VtnpN5iJ (embed) (embed)

>Risk Management
https://pastebin.com/sqJUcbjp (embed) (embed)

>Live Bloomberg Stream
http://www.livenewson.com/american/bloomberg-television-business.html

>Educational Sites
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain
https://nhentai.net/tag/trap/

>Free Charts
http://www.tradingview.com
https://www.finscreener.com/

>Screeners
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Pre-Market Data and Live Data
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/

>Bio-pharma Catalyst Calendar
https://biopharmcatalyst.com

>Boomer Investing 101
https://www.bogleheads.org/wiki/Getting_started

>Dividend Reinvestment (DRIP) Calculator
https://www.dividendchannel.com/drip-returns-calculator/

>List of hedge fund holdings
https://fintel.io/

>Misc
https://squeezemetrics.com/monitor
https://market24hclock.com/

>>18636199
What is a stop loss

>>18635475
netflix will unironically replace all television services,
it was the first and its the biggest. the same way google became king after being the best early serach engine

>>18636154
I'm aware, everything you said was covered by me saying that P/E was the best way to value any non-startup. It's pretty rare for companys that have been around to suddenly spike in value, even rarer still is that value sustained for a significant period of time.

>>18636380
While that's likely the case, TV hasn't even existed for 100 years, so I'm going to stick with my opinion that valuing Netflix at over 100x earnings is absurd.

>>18635797
>buy paper
How do I long paper? Can’t tell if you’re meming

>>18636068
china also didnt report 48,000 deaths in wuhan