/biz/ - Business & Finance

Remember SNSSfag?

First for sitting at 50% cash and tearing my hair out about whether to get back in or wait for another leg down

How do we get bears to stop spreading fud?

yo 2020 has no chill bruh

>>18682033
Just jew it.

Do people really think it's still a v recovery? It went down this week.

>OP

god i want to suck her toes

>>18682059
It's a dead cat bounce on a scale the likes of which has never been seen in history.

I have a question as a new investor from Germany.

I bought an index fund that tracks the whole world but now I saw that the S&P500 gets higher returns, on average almost 10% than the world ETF, which only gets 7%.

Why should I not invest 100% in the US economy? If the US goes to shit Europe will tank as well.

>>18682059
It seems like it's going down

>>18682033
I'm about 75% cash right now. think i will start to DCA back in.

monday we crab 1%
>green
tuesday we go to the moon right before close
>green
wednesday we go to mars
>green
thursday we discover new galaxies
>green
friday I dump my profits and fuck you guys over
>red

The week after that I won't be with you losers
I will be buying a yacht or something like that

>>18682029
you mean the felon?

>>18682107
>monday we crab 1%
I can see this.
After that I have no real clue so I'm running away.

>>18682080
The standard advice is to invest 100% in US indexes because the biggest companies are already international so they include all the global exposure you need.

>>18682059
It went down a week the first week of April too, but look where we are now. It dropped less than a percent this week and we're cooling off for the next leg up.

>>18682107
say it with me

BLACK MONDAY

>>18682171
It's crabbing right around a 50% retrace following a record-breaking upswing, it's totally going down.

>>18682059
The trend is still up. We won't have a confirmed downtrend until and unless it doesn't break the previous high on the upside and it breaks through this week's low on the downside. If that happens look out below but as of yet we are okay

how will Kim being a veggie tale affect the market?

>>18682059
i think its gonna slowly climb up to new ath. some smaller down movements will be there of course.

buy espo

>>18682218
All the MM seem to disagree, so enjoy missing the gains

>>18682218
Memlines related

>>18682187
not possible
why would it dump right before earnings come out
also vix is way down, oil looks stable, nothing is gonna happen on monday

>>18682080
If the USD declines compared to the world’s other currencies you could lose money on a weaker dollar. Also political risks within the USA such as socialists taking over one day.

>>18682033
Tony Robbins says get in

>>18682249
b8/8 m8

>>18682252
that is a very nice uptrend fren
vshaped recovery after all

>>18682275
>VIX way down
>Oil stable
these are not true. the VIX is 35 and oil went negative just last week

>>18682228
Zoom out and you will see the true trend.

>>18682275
>>18682249
Your longs are fucked, sorry bro. You seriously didn't sell on Friday? Pray Monday isn't red and dump asap.

>>18682293
I expect that it's going to go up up to about 290-293.85 and then violently dump. I expect the dump to happen between May 4 and May 6.

>>18682171
Use leverage then faggot.

>>18682294
vix is at an 8week low
oil was sarcasm... 17 is far from negative.. muh

>>18682243
this

>>18682313
Oddly specific

>>18682282
That was my main worry. I imagined this crisis with President Bernie Sanders and the economy completely crashing 60% or worse. For now America will get another 8 years of market friendly presidents but after that everything is possible.

>>18682305
This past week turned a lot of bulls into bears.

They're about to get double fucked with a short squeeze.

>>18682331
look at the vix chart. It hasn't been this high since the financial crisis in 2008. Even at our current of 35, it is still at the peak of every last significant drop between 2008 and 2020

>>18682305
just answer me this question: who the fuck is selling now? Everyone including myself just bought last week. Sorry you missed out. Use monday or you will never make it

>>18682352
good

>>18682354
It's been going down and will continue to go down

>>18682362
You should be selling. Answer me this, after such a violent drop and violent recovery, what makes you think this is a moon mission back to 330? This is bait, right? I typed out a paragraph responding to bait, right?

Fuck man, I hope things don't gap down too hard Monday, for your sake.

>>18682377
what you're saying is the same as a person saying the vix is going down after the first spike of 2008.

whenever we've seen a VIX spike, we usually see it spike at least twice significantly.

Reminder your TVIX is going to 0

>>18682059
unironically look at the highs and lows of both the individual candles as well as the price action in general. it's not hard. the key is that lime green line that shows most recently, higher lows are being made, which is inherently bullish. by definition, an uptrend is "higher highs and higher lows". if it starts making equal highs/lows it's a range and if one side is decreasing in power while the other side stays the same, it's an ascending/descending triangle which usually shows decreasing power from one side and usually results in a breakthrough of the equal side (i.e. a descending triangle is bearish because the lows remain the same and the bulls push it up less and less each time they buy, until they fail and it breaks through to new lows).

>>18682354
I just watched a random video from michael burry yesterday where he says that volatility does not predict market going up or down although everyone thinks this. It has nothing to do with it

>>18682387
Are you literally retarded?

>>18682171
>>18682228
>>18682243
>>18682342
>Greatest oil crisis in history
>Greatest debt crisis in history
>Greatest unemployment in history
>Stocks going back to all time highs
Return to normal, right fellow bulltards?

>>18682252
Still looks at risk for breaking down.

>>18682404
How old are you, man? You have a 5 figure portfolio, don't you?

>>18682072
she looks like she'd be a good dom. who's got that impossibly perfect jap maid dom pic? you know the one.

>>18682401
it helps to predict the market going up or down in a significant sudden movement.

if the VIX is generally high, we can expect green days and red days to be sudden ups and downs.

>>18682396
You’re a fucking moron lmao. Any bull who didn’t switch teams Friday is fucked.

>>18682407

>>18682370
>Theres no patient in room 13

>>18682387
yeah I’m spooked now anon, gonna start scaling out monday

>>18682415
Lmao delusional poorfag perma bullniggers btfo yet again

>>18682428
you aren't clairvoyant. currently the long term trend is down, and the medium and short term trends are both up. it will continue to trend up until it makes a lower high and lower low, of which it has currently done neither.

Reminder that the robot trading programs will not let the market crash.
There will never be another great crash, as the algorithms will simply see “lmao price drop, but buy buy” and cancel any decline after a certain point. It is impossible to crash.

>>18682389
Past performance is not an indicator of future outcomes. If everyone expects and behaves based on last time it won't happen again

>>18682407
>Believes the bull/bear narrative has any bearing on how this market is driven.
Ask me how I know you only have a 5 figure account

>>18682313
>GUYS 270 AND THEN DUMP
>GUYS 280 AND THEN DUMP
>GUYS 290 AND THEN DUMP
300 confirmed by EoW

>>18682463
>Past performance is not an indicator of future outcomes
That is literally the current reason given for the recent gains in the market.

>>18682407
Just don’t try to warn them, save your smugposting when the board is flooded with pink wojaks.

>>18682437
>https://www.youtube.com/watch?v=uAXtO5dMqEI

woah...

>>18682347
That's just what the meme lines are saying.

>>18682313
My chart says it could start on 4-30 overnight or 5-1. All depends on how long wave 4 of this current move is.

>>18682407

I was a bear since the start but people keep posting this pasta and i have to break it down for you people because its not helping our cause

>cheap oil is not a crisis, it lowers manufacturing costs
>high unemployment is not a crisis, it lowers labour costs

The debt crisis is however real, real estate, commercial property, highly leveraged businesses [ AKA all of them ] are going to have to downsize, sell off and try not to get bankrupt, HOWEVER if we open up in may then everything will resume back to normal

The only catalyst to a downtrend would be if lockdowns get extended through the summer, then we would be seeing some shit go down however the state of George has been opened friday and if only the weak/old die in a few weeks you can expect the entire nation to open by end of may

>>18682516
>waves
instantly discarded and ID filtered

>>18682521
Europe’s been in deflation for years.

>>18682521
Progression seems way too slow. A lot of people seem to be using 1929-1932 as a model by the current world is a lot faster.

>>18682407
think what you want but I might get rich betting on energy companies that are valued 25% of what they're worth right now. we will get back to 29k dow and I will profit the entire way back. Cheers anon. Couple picks I like are CEQP and NBLX

>>18682377
It always goes down, and then a second peak happens and this is when you reach the true bottom. Look at the vix vs spy on the monthly chart for example. Also it takes 3-4 months from peak to peak on the vix, every time. We're close to beginning month 3.

>>18682521
>Over 6% of All Mortgages Now in Forbearance
https://www.thestreet.com/mishtalk/economics/over-6-of-all-mortgages-now-in-forbearance

>The only catalyst to a downtrend would be if lockdowns get extended
Not the worst unemployment since the Great Depression?

Were standing on house of cards thats about to fall over.

>>18682463
You're right, it's worse. Everything has been an over-reaction. The sell-offs were tied into ETFs which drug down prices of industries that weren't exposed at all, which caused a further fear sell, and then algos pushed in a supermassive short squeeze that temporarily restored prices and has lasted long enough for people to take while the rest abandon ship, hoping that the likes of AMZN might actually act as a safehaven, but once the price gets too high a few big players are going to have to take or they'll get their asses pounded as the market screams downward.

If retarded shit wasn't happening we could've picked decent fundamentals out of the burning heaps of shit for true value and rode that shit back up over the next 20 years and let the corpses burn for a more fruitful harvest next debt cycle. Instead we've got an over-reacted stimulus bill that might just quash the economy for good as it erects dozens of worthless zombie companies and props up retail investors with FOMO for a second wave loss to wash them dry of any powder they might have retained.

A looooot of scared mumus ITT kek.

>>18682583
You’re a fucking idiot and have 0 understanding of what’s actually happening rn. Get off of my board.

I love cunny and OP is a fag. You wouldn’t fuck a 16yo girl? You’re gay.

>>18682598
Post a counterpoint or leave.

After 18 days of investing, I’ve made $100
I don’t mean to brag but I’ve pretty much made it big. Cya later losers.

I'm looking to probably sell my international fund soon as I break even on it. It makes up just 1% of my holdings. I'd cut my total fees in half. All told 0.10% is sucked out in fees via 3 funds. (SWPPX
SWTSX, & SWISX). Also it's kinda redundant since all the major companies in the fund are on the U.S exchange anyway.

>>18682577
reminder this was a trend on twitter for awhile.

>>18682613
I find little girls very annoying and I cannot understand the fascination of a ultra tight pussy.
Might rape for fun

>>18682588
>holding overnight

this is the life you chose, mumus.

>>18682613
No, I wouldn’t.

>>18682577

why would high unemployment be a crisis?

There would be a surplus of labour, one that the states could leverage to build new infrastructure projects at fractions of pore-crash costs.

They might have to increase social welfare just to hand out some gibs and keep 30-40 million people from rioting, and there will be slightly less tax revenues from all the unemployed but its not as bad as the debt crisis IMO

If anything im just bummed I might get laid off and will be forced to look for work in one of the most competitive markets we've ever faced. [ Im an IT-Technician who can barely save money with my wages ]

>>18682721
Less money for people means less consuming. Consuming is what drives the economy. Also you can't remove 1/3 of the workforce and just continue as normal/

>>18682588
It's funny, honestly. Imagine if we are down just 1% on Monday. No big deal, but it makes the chart even uglier. They will keep holding. Flat Tuesday. They'll keep holding. Then Wednesday we open -3% and close -5% and they say it was just an algo sell off. Over the next two weeks, we go 15% down and they just post their worthless calls and say they are committing suicide.

It probably won't be that dramatic but I can dream.

>>18682407
R*ddit: the post

GUYS
WHAT THE FUCK IS IT SERIOUS???

Maybe they’re calling to tell me to buy WFC?

>>18682064
OP is 100% a virgin who lives with his parents and has never been in a real relationship or had a real job.

>>18682752
Or more likely a bunch of bears will be crying over their worthless puts

>>18682721
It is a fucking debt crisis. Consumer and commercial alike. Both are at all time highs. Unemployed people can't pay rent, can't get the new iPhone on a 1-year contract, can't pay their car or buy the insurance. They can't pay the hospital bill. They won't be out to eat.

That means the landlord, the phone company, the dealership and the bank are all going to eat that impact. The retail store and the restaurant are going to be missing 20m people worth of revenue.

The landlord won't be able to fix the breaking shit, and will miss his their own payments, and their rental company will drop them.

Dealerships will have to sell cars for pennies on the dollar, they'll have to sick the billing companies and repo-men on their clients.

Now all the corporations who are leveraged to the tits in god knows what are missing the next year on earnings and they're going to get railed. They'll stop paying on their bonds and get downgraded, making it harder for them to get credit and building more resistance to growth meaning they will hurt over a much longer period of time.

>>18682749
>Consuming is what drives the economy
*lends money to consumers to spend at corporations he lent money to that they pay him back with*
Checkmate, "economics"

>>18682721
>why would high unemployment be a crisis?
I dunno, maybe because every civilization that had massive unemployed everything was shit? People can't get food, they can't get shelter, they are constantly sick. Sounds like you are either young and stupid or a sociopath.

>labor surplus
Oh, DEFINITELY a fucking sociopath

> increase social welfare
With whose taxes? We just pay for it with infinite inflation and people still can't afford food? Wow....

>bummed I might get laid off
Get ready to starve. Man what a bummer.

bought 25 calls on INTC 67 05/15,
also thinking buying BA calls 180 and
TSLA puts 450
whatcha guys thinking ?

>>18682831
Anon...delete now. Nobody in this board wants to talk about rational topics.

>>18682765
>OP is 100% a virgin who lives with his parents and has never been in a real relationship or had a real job.
I sound pretty based

OH NO NO NO BULLBROS
WE GOT TOO COCKY

>>18682059
It's the biggest fucking bull trap since the Great Depression. Cash out while you still can.

>>18682844
>INTC 67 05/15

Hope you bought those on the dip

everyone shut the FUCK up and tell me about your FUCKING coffee situation RIGHT NOW!

>>18682903
I have a breville 870xl. It's really good and I recommend everyone buy it (^:

>>18682881
bought them on friday to be honest, but its 400 bucks cost total

>>18682721
Bro, I know the feels.
Calm yourself and start demanding answers to our leaders.
https://twitter.com/USTechWorkers

>>18682844
You are fucked.

>>18682033
Sell Puts.

Anyone see some massive volume green candles on some of their stocks around the close?

I think some folks are looking to accumulate the hell out of Campbell’s luxury Soups.

Also Applied Materials.

>>18682218
>the market has to digest some of its gains after a record-breaking upswing
>everyone needs to reposition as they decide whether stimulus spending is sufficient and if more is likely.
Expect the unloved stocks to continue on the pain train and the beloved tech and consumer staples to continue accumulation.

>>18682033
33% cash.
33% real estate.
33% equities and crypto.

>>18682033
Wait for VIX to get down and stay down for a few weeks than go all in on SPXL and SOXL. I don't think this will happen for months personally but that is my plan.

>>18682655
nice job champ

>>18682007
anime

>>18683041
Sick

>>18682351
>I imagined this crisis with President Bernie Sanders
why?

>>18683050
tits too small. those are rookie titties.

Gonna buy 100 shares of WM on margin and sell a call.

$5k in on MRO Monday or I wait for MGM earnings and buy after dump. Which one

Stocks

>>18682396
>higher highs and higher lows
Ok, but on your chart we don't have higher highs. We have lower highs.

>>18683050
>>18683074
Bro, that is best.
Small/medium tits and BIG hips are Goddess tier.

>>18683122
it has to come down to form a high you fucking retard. specifically it has to clear that past low. learn how to read a fucking chart it's not hard, dumbass.

>>18682577
>get a job as an essential worker
>sanitize doorhandles for minimum wage
>contract coronavirus anyway
>still can't pay rent in NYC

>>18682417
I know the one

>>18683124
mandy muse tier, good taste.

>>18682417
I remember you. Feels weird lol

>>18683050
IMO, film > anime

I tried to get into anime after getting into film and found it really lacking. It's hard to watch Paths of Glory, Brazil, Rosemary's Baby, etc. and then watch anime and get entertained by it

>>18683168
took almost an hour to get, but worth it :^)

>>18683170
Gross no that whore is disgusting. Don’t compare her to that drawn image of one possible reincarnation of Jack the Ripper.

>>18682351
Don't forget that there won't be that many stock buybacks in the near future

>>18682903
Just finished a cup before breakfast, have enough beans ready for another couple days then it's time to roast more.
Green is in good supply, but I'm considering ordering more in case there are shipping delays.

>>18683168
>tfw no gf

>>18683182
>>18683168
>>18682417
>>18682072
do you see what im talking about?

>>18683208
>>>18682351
whores are disgusting by design, anon. it's part of the appeal. it's why we watch them instead of fucking them ourselves.

>>18682903
Having my first cuppa right now, then gonna do some exercise and homework and chart studies.

Then pick the brains of an older relative.

>>18683243
anon stop making my pp stiff

Who are the best people to follow on twitter/YouTube for a relatively new investor?

>>18682041
You are a retard anon

Why are so many stock bloggers salty about VZ beating earnings and growing 5% in a year?

It's clearly the best cellular service provider

>>18682107
Fuck you low IQ kike bulls

>>18682249
Fucking kys low testosterone larping HOMO

>>18683243
Yes. I also thought the Azula comparison was appropriate.

>>18683261
>it's part of the appeal
For some types, and some men.

>>18683311
Depends on what you want to learn and what you already know.

God I can't wait till june and they re-open everything. Yeah I know my "early retirement" would end but at least the whole TP and PT hoarding thing would die.

>>18682107
FACT
ID IS GREEEEEEN

>>18683311
just go on youtube and search warren buffet and charlie munger and watch everything and take notes. here's a good one for example: https://www.youtube.com/watch?v=kvULLXEk-xQ

>>18682387
Why even care if these delusional bulls lose their shirts. Fuck em

>>18682721
Kys faggot

>>18682156
Sp500 outperforms the rest of the world only because of silicon valley. Might just invest in FAANG.

>>18683362
I'm willing to learn anything, don't know much
>>18683372
Got it, ill look into them.

Gonna go exercise lads. New week begins. Let's start it off right!

>>18683344
Found the poor.
Buy stocks incel.
>>18683389
>>18683373
>>18683359
Sure is buzzwords and faggotry in here... I can’t wait until highschool resumes and you lot fuck off.

>>18683368
Take your meds

>>18683311
Buffet, Dalio, Taleb, Druckenmiller, Soros

>>18683417
How’s the weather in Israel kike? Don’t like being bullied on 4chan? You can always end your existence you slimy parasite Semite

>>18683311
Yes I know these are no youtubers lol

>>18683431
just be superior to them, anon. Don't sperg at them. It allows them to play social games and appear superior.

LET ME SHORT NORTH KOREA,SOUTH KOREA AND ALL ASIA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>18683425
i was just thinking... isn't Soros sort of like the WSB of the boomer era? didn't he get rich by basically just YOLO'ing on a GBP short, and getting lucky?

>>18682029
what's wrong with snss?

Am I gonna make it Biz?

40 shares of OKE and getting a sweet $37 dollar dividend in may. 20 RDS.B and 30 RTX.

Should I save that dividend with my $1,000 stockpile or DRIP it?

>>18683431
Me, complain? Vhen I get live rent-free in your head? Oi vey like I could complain.

Do you think it's still worth it to invest into oil tankers right now or has the ship already sailed. Also which one would be the safest among NAT, DHT, EURN, FRO or TK?

>>18683554
demand will be up h2, you are late for the party, dont do it

>>18682831

i appreciate the way you think & write.
>inb4 redditor
i don't respect women, bros

>>18682655
what r u in?

Why didn't the senate vote on the

https://en.wikipedia.org/wiki/Public_Broadcasting_Act_of_1967

Why did neither the senate nor the house vote on the

https://en.wikipedia.org/wiki/Communications_Act_of_1934

?

>>18683441
Who?

>just finished eating half of a chicken parm sub from the local house of pizza
>ate it with some home made mac 'n cheese with 3 different cheeses
>now drinking after-dinner coffee while watching Inception for the first time because i just got netflix recently because of the quarantine.
>i like to leave the captions on and have been able to understand a lot more because of it, last movie i watched was There Will Be Blood (also for the first time)

who else /comfylazysaturday/ here?

>>18682765
Did anyone see the thread yesterday about the Warren Buffet bank plan?
>>254894620

Was it just a LARP or should we unironically be investing in ACBI and WFC?

>>18683639
>>>/pol/254898466

>>18683639
why wf?

>>18683592
It's ok I don't respect them either

Why the fuck is CHK up to 40 dollars after their reverse split?

>>18682903
I drink 6 to 8 sugar free 8.4oz redbull a day a d take 300mh wellbutrin in the morning

>>18683582
> you are late for the party, dont do it
yeah, that's what I figured. I had NAT this week but sold it with an okay gain after I found out that its latest push had been partly due to some youtuber shilling it to zoomers.

What should I put 10k on

>>18678701
>>18678480
>Jew money says it’ll be red
An entire month with DIX above 40% and only the third reading in that month below 45%? I don't interpret that as bearish in the middle-term at all. No idea about the day to day. But I am not comfortable selling calls in that environment, Sticking to bullish put-spreads on good shit like KO and AMAT.

>>18683698
bretty good start... is wellbutrin even a stim? why mention it?

Guys I can’t fucking take this much longer. Do these fucking retards saying we need to “stay the fuck home” not realize that this isn’t fucking sustainable?
We need to end the fucking lockdowns or else there are going to be breadlines

>>18683744
Bro you should have been stocking up on food months ago, you only have yourself to blame. I've been writing to my representatives that we need to keep things closed to protect all the nice old taxpayers.

Guys...I can't invest in my favourite company...what do I do bros...

>>18682074
wrong, economy is reopening and the virus is under control. The market/everyone just realizes that in a year everything will be back to normal. No further legs down, GDP, unemployment and treatment are priced in.

>>18683768
>Implying I didn’t prep.
I got more than you, most likely. I prepped for government collapse, not government overreach. This shit needs to end. Open the country up.

>most americans in debt before crisis
>millennial stuck with student loans
>many americans carry credit card debt
>20% unemployment and rising
so uh why are americans such retards?

newfag to /smg/, what account do I open if I want to buy some index funds and a thousand dollars worth of stock, retirement IRA or General Investing? i am looking for longer term gains (10 plus years)

>>18683744
Fuck no, keep shit closed. Im making as much not working as i was working

>>18683801
you know why.

>>18683554
Get in, but try and get out FIRST. That's my advice.

>>18683657
>Warren Buffet is going to, through various shell entities, tender offers to buy 4 banks next week all of them having one thing in common:

>A bulletproof team of people who do the SBA PPP loans. He's going to leverage them to effectively kickstart the United States economy and his four banks will become some of the strongest banks in the United States since they're smaller publicly traded banks with a niche focus in SBA.

>Since the majority of these banks portfolios are with SBA loans, ie loans that are secured by the government, there's basically zero way they will lose money. Many SBA lending institutions function to effectively make the loans and sell the guaranteed portion to a secondary market resource, etc. Even if the underlying loan fails, since it's secured by the government, the bank won't lose money if the loans perform for 18 months. The SBA(7)a express program will singlehandedly save the US economy and Buffett will categorically deny owning these banks until the cows come home. There will be several no name Single Family Offices behind the deals. Buffett accrued his cash pile and refused to spend it prior because he realized assets were overvalued. He will be running around with a fleet of British Navy frigates sinking everyone by cannon volley due to his cash position.

>PPP loans generate a 5% origination fee, Buffett has come up with some pretty sweet financial engineering to hyperaccelerate the financial system for the small business economy through this

>>18683803
Both, but the money in your retirement account will be tax advantaged and inaccessible until you're 55 (or you'll pay fees to get it out). You can contribute $6k to it per year.

>>18683803
There won’t be a fucking stock market in ten years if we don’t open the fucking country up

>>18683803
I'm not familiar with US rules but from what I understand there's literally no reason not to max out your roth ira, it's a free tax shield

Any insight on why you guys think it will go up?

>>18683836
Other interesting bits


>Easy no brainer trades are shorting Capital One and go long on gold/silver. I know the guy at Morgan Stanley and he was the one who told me someone is trying to short a fuck ton of CapOne on Monday, so it confirmed my thoughts from weeks ago. These are actually all trades I had done since there was a ZeroHedge article weeks ago so I'm not really giving you guys anything sensitive. They apparently are fucked because of oil derivative exposure, and this was when it was at like $20. I loaded up on shorts because all the SMART oil guys I knew said it was going to get worse. Now we have negative oil, how long will the bomb last before detonating? They got excemptions to NOT file reports about how bad it is. We're fucked more than 2008 with oil, things will be different forever LOL.

>Funniest part - Wells Fargo is now actually one of the strongest banks in the country because of their regulatory restrictions slapped on them because of their fake-account scandal. If you want to put $ in a SAFE bank, WF is a good one, but they're dumb as shit.

>>18683854
human nature

>>18683854
It's one of four answers
1. printer go brrr (+ variants)
2. nothingburger, we'll remobilize upon opening
3. everybody is just waiting, retail will save us
4. green line go up (TA or shitposting)
make me capitulate

>>18683486
>Soros
>As of February 2018, he had a net worth of $8 billion,[12] having donated more than $32 billion to his philanthropic agency, the Open Society Foundations.

>>18682059
Looks extremely bad. That's an ugly and scary chart for any Bull.

>>18682903
I have an aeropress, a pour over dealio, and a regular dripper for when i don't give a shit. I think i will do the aeropress today.

I miss having a moka pot. I should buy another.

>>18683892
>((((philanthropic agency))))

>>18683892
I know this is a quotation but you have to be extremely bluepilled to call his foundation philanthropic.

>>18683854
I want it to be true so I fit all incoming data to my priors and discard anything that might prove me wrong

>>18683486
>In Soros's view, the markets' moods—a "mood" of the markets being a prevailing bias or optimism/pessimism with which the markets look at reality—"actually can reinforce themselves so that there are these initially self-reinforcing but eventually unsustainable and self-defeating boom/bust sequences or bubbles.
/smg/ In a nutshell

>>18683837
You CAN access the money in a Roth IRA, but only the contributions. There are fees and taxes for withdrawing the gains early, with some exceptions for educational costs and making a down payment on your first house.

>>18683803
Open a Roth IRA and put $6000 in it every year you are able, unless you think you might need that 6k. If you might need it, you shouldn't really be using it for stocks.

>>18683372
Funny how buffett has essentially done a 180º on this. He preaches buying the SPY and his wife's investments are all going to be in the SPY. I wonder if 2008 played into that reversal.

>>18683892
>>18683486
he seems pretty senile and out of it to me, he's got a team of people handling his shit now. You don't need to take risks when you've got billions.

>>18683486
>the WSB of the boomer era?
c'mon
stop being retarded

Holy shit there is so much bullfag cope
Ahahahahahahahaha

>>18683882
I think lots of people didnt cash out and are bagholding for return to ATH just so they can pull out again after the long term repercusions of all this are realized or perhaps due to the result of the election, whichever comes first

>>18684027
you sure showed them!

>>18684027
What else should they do? They several weeks to come even close to their previous ATH. Volume is dead, literally dead. Friday had 1 / 5 over average volume in SP500

>>18684009
What investors do you recommend for learning?

>>18682456
That exact thing happened for 3 weeks in March though

>>18684047
The volume was spooky. I can’t imagine being less than 10% cash right now unless you bought March 24th lol.

>>18682521
>>18682562
>>18682577
>>18682721
>>18682831

what's different about this time is that the economy was leading the stock market. jobs and businesses were lost in lockstep with lockdown duration.

There are a few interesting conclusions I draw from this: (1) a large part of the real economic decline is going to happen almost immediately, whereas in previous crashes it was only after quarters/years of slowly declining sales and revenue. This lets unproductive capital fail much more quickly and with less of a drawn out painful death. A slowly failing business is like a boomer on life support, bleeding their loans and whatever else dry and pushing the burden onto lenders. The lenders are already tightening significantly which should greatly help reduce the duration of this crash. (2) the fed is slowing down the crisis for medium and large caps, where we'll see a traditionally long recession. (3) credit related to property, traditional discretionary spending, anything bordering leveraged financials are all getting hit hard and fast and we definitely haven't seen the real shakeouts and bankruptcies there yet. (4) the first wave of bankruptcies will really set the tone for the rest, nominally happening about 3-4 weeks after the first major cities "reopen" and realize it's not going back to how it was.

>>18684043
R e n t
F r e e

>>18684009
>I wonder if 2008 played into that reversal

how so?

>he's got a team of people handling his shit now
i meant how he initially earned his wealth, he did the Big Short on the british pound.

>Soros had been building a huge short position in pounds sterling for months leading up to September 1992. Soros had recognized the unfavorable position of the United Kingdom in the European Exchange Rate Mechanism. For Soros, the rate at which the United Kingdom was brought into the European Exchange Rate Mechanism was too high, their inflation was also much too high (triple the German rate), and British interest rates were hurting their asset prices.[69]
>By September 16, 1992, the day of Black Wednesday, Soros's fund had sold short more than $10 billion in pounds,[62] profiting from the UK government's reluctance to either raise its interest rates to levels comparable to those of other European Exchange Rate Mechanism countries or float its currency.
>Finally, the UK withdrew from the European Exchange Rate Mechanism, devaluing the pound. Soros's profit on the bet was estimated at over $1 billion.[70] He was dubbed "the man who broke the Bank of England".[71] The estimated cost of Black Wednesday to the UK Treasury was £3.4 billion.[72] Stanley Druckenmiller, who traded under Soros, originally saw the weakness in the pound and stated: "[Soros's] contribution was pushing him to take a gigantic position."[73][74]

>>18684093
that's not very much at all like stacking all your money into naked options before earnings and hoping for a massive surprise in your favor.

B-bullbros... are we gonna be ok...?

>>18684047
>>18684073

where do you guys check the hard numbers for volume?

I SHOULD HAVE FUCKING SOLD ON FRIDAY FUCK STOP SCARING ME FUCK FUCK FUCK AHHHHHHHHHHHHHHHHHHHHHHH

>>18684140
Why would you sell your puts? They are going to print.

>>18684129
I can't make heads or tails of the DIX but when I got rid of the DIX and turned on the GEX line, it seemed to make more immediate sense in that we're rapidly approaching the next major leg down

>>18684129
can you pls explain wtf is this chart

>>18684134
Whatever trading platform you use should have them, even Schwab’s Windows 95 looking StreetSmart has multiple measures for volume. If I’m feeling frisky, I even cross reference it with the stats and reports straight from the NASDAQ site.

LAST TWO DIGITS IS THE PERCENT YOUR INVESTMENTS FALL IN MAY

00 IS SAVED

IF YOU DO NOT REPLY TO THIS POST, YOUR INVESTMENTS WILL FALL 100%

ROLL

>>18681716
FUCK
That is DAMN good for 3DPD.

>>18684140
Sold what? Stocks?
Why, are you expecting the ECB, Fed, BOJ, US Treasury, or Congress to decide they've done enough and the economy will be okay without doing more?

>>18684129
yes,
see:
>>18683737

>>18684140
Calm your tits. Every weekend people are freaking out here because they didn’t sell on Friday and every Sunday night the futures open flat or green. Have a beer, go fuck your wife/gf/sexdoll, relax.

>>18684180
>>18684180
I use trading view but they just have small bars for their volume. Maybe I just need to mouse over something.

Will SPY keep pumping on Monday? Should I reposition to puts, or give it a bit longer?

>>18682059
don't try to make sense of it, just trust your gut

if you think the market have to dump because of unemployment it will increase because rich people have nothing better to do but pour money into the market now that they are just sitting at home

if you think will increase because the economy is opening up again it will go down because a second way of wuhan virus hits and panic sets in again

>>18684168
I HAD CALLS
I FUCKED UP
AAAHHHHHHHHHHHHHH

>>18684214
>it will increase because rich people have nothing better to do but pour money into the market now that they are just sitting at home
high IQ detected

>>18684204
Lol I'm stupid. I just need to mouse over it haha

The tech bubble could burst entirely and the only stock I'd lose money on is NET, imagine having any significant chunk of your money in companies with P/Es above 15 right now

>>18684205
Monday? Who knows. Tuesday? Circuit breakers.

Why the FUCK aren't you guys buying risk reversals on SPY?

>>18683336
People will talk all the shit they can about not having food but not one of these dopamine addicted fucks would ever not pay their phone bill. Cell phones are the new crack cocaine.

t. bullish as fuck on VZ

>>18682694
>cannot understand the fascination of a ultra tight pussy.
wat. You DON'T want pussy that's asshole-tight while being self-lubricating, and doesn't smell like shit?

>>18684300
im mostly an iron condor kind of a guy, seriously thinking of buying puts on monday / tuesday however

I have important information.

The guy in this .gif (pronounced G-IF) looks like bobo

>>18684129
That's a pretty neutral reading for the DIX. Over the history squeezemetrics have been doing this, the most meaningful readings are at the extreme high and extreme low. In the middle it seems to have little to say about near term price action.

>>18682721
>slightly less tax revenues
US fed gov is running a 4-5T deficit this year, states are either getting bailed out by the feds (and the deficit will be more like 10T) or the Fed (brrrrrr) or are going bankrupt

While im bearish on the market, we cant forget that SMG has been wrong about the "Biblical dump" on every monday since March 15th.

An inverse /smg/ ETF would have net me 200% gains im sure, the market is a joke and any market movements are attributed to the most recent bullshit headlines even if it is irrelevant.

The stock market has had no connection to the real economy since 2008, its basically a giant ponzi scheme that hopes for a greater fool to buy up their shares.

I made meme lines for RTX

>>18683828

>>18684326
ive been scalping fast market moves (gamma) lately by picking up strangles/diagonals and then clipping one of the legs if there's a sudden move in one direction
iron condors work okay but a fast uptick will mess you up, use a 50% stop loss i guess

is it time to buy airlines stocks now?

>>18684348
oopsie you forgot one

All leveraged commodity ETFs should be delisted as they are basically just scams for retail investors.

>>18684140
bro, lots of earning this week.
Sell after you get the divvys.

When will the courts finally start collapsing?

>>18684348
55 is the legit floor though, big resistance at 60. Top is probably $100 unless a war pops off.
>t. Martin Shkrelli

>>18684382
I don't like that one so I didn't include it

What do you think about oil?

>>18684386
>scams
They do exactly what they say they are intended to do. Every one has a disclaimer recommending traders do not hold them overnight.

>>18684454
98% of all retail investor moves in regards to oil are inferior to just holding OKE, RDS, or HAL/MRO

>>18684253
Yea, that's the impression I've been getting lately. This whole month will be bloody dips, crabs and low volume pumps--I feel it.

>>18684335
i still can't believe those people thought that her filming with her cellphone would somehow protect them against a guy with a shotgun

And so the day is a going along, me and the wife got KFC cause fuck we couldn't stand just sitting at home anymore. I'll place yet another buy order on Monday for more MRO cause the upside is to tempting to ignore. When you stop to think the reason the stock tanked had zip to the do with the company itself rather the virus and political economics. But that's ok, hey, winter is just 9 months away. More gas and oil will be sold en-mass cause who wants a pair of frozen nuts?

>>18682903
Fuck off, Boneparth

>>18682059
eating time of the clock, next move could really go either direction but most likely fed life support will keep the current support until the economy is officially functioning

>>18684248
wanna explain price/equity to a newbie? do u mean the price is 15?

>>18683336
Verizon has high quality service, Jews hate goyim, ergo Jews hate Verizon for not fucking over goyim

>>18684488
>Debt/Working Capital of 14
Hmm
>>18684494
Read a book

Thoughts on Tyson stock? How to profit from potential meat shortages?

>>18684494
Price to earnings. A good holistic indicator, and should never be the only one, appraising the overall stock market valuation of a company versus the money it brings in. Good to compare companies within the same industry to get a sense of over/underbought. Such an old metric that companies will routinely play accounting tricks to inflate earnings. Also can't really judge if an entire industry is over/underbought.
In practical terms it might give you a sense of the likelihood of returns from dividends. A P/E of 10 means that, for example, a company could pay a dividend of 10 cents for every dollar earned and that would be a 1% return for investors holding the stock.
Zoom would literally go bankrupt if they even offered a dividend of 0.01% with their nearly 2000 P/E

The French discovered that smoking cures the virus. Buy tobacco companies

>>18684488
MRO is kill. Try investing in a company that will exist in 5 years.

What's the best finance TV channel and how can I see it online?

>>18684579
just gotta let em pump it up to make gains off the dump

>>18684595
they're all shit tbhfam

Where do you guys go for news (regular stock and crypto)

>>18684604
i just want to be involved with investing without investing right now.... where else can i get news?

>>18684551
holy fuck that was awesome. ty desu

>>18684472
OKE looks interesting, thanks anon

>>18684338
Use your imagination, or TA, to see where dix is heading. It’s heading down along with the Dow.

>>18684470
Even scams have fine print. Scan doesn't mean illegal. Leveraged ETFs are the perfect scam. Use other peoples money to set up a fund then just collect a small percentage as profit.

>>18684129
WHERE ARE THE FUCKING X-Y AXES YOU PIECE OF SHIT HOW DO I READ THIS????????????????????????

>>18684398
it turns out, I've never even begun to imagine...

>>18684626
4chan and balances

>>18684366
saved.

>>18682831
>assuming anybody temporarily laid off or furloughed has no savings
>being this much of a retarded copypasta cnn reporter in chan

>>18684376
when do you think people will fly again with the same regularity that they used to?

>>18684726
>21 posts
anon please
if you're retarded you need to read more and post less.

>>18684737
basado

>>18684730
I want to imagine again.

>>18684470
redpill me on how to use leveraged ETF's for profit and wtf they even are. i've only ever traded stocks themselves.

>>18684710
A scam is supposed to involve deception.

>>18684579
>And so the day is a going along, me and the wife got KFC cause fuck we couldn't stand just sitting at home anymore

so go for a walk or leave the house and walk throught the grocery store you scared fat fucks.

Why is /pol/ a better /smg/ than /smg/

>>18684769

You put money in goldsteins hands
He buys options for you, options over leverage

If the fund does well, he gives you back 90% of the profits you could have earned yourself

if the fund does poorly, you lose money, at no risk to goldstein

goldstein gets a nice bonus at the end of the year, regardless if the fund shits itself [ which many are currently are ]

its financial alchemy baby

>>18684793
you have it wrong, /smg/ is a better /pol/ than /pol/. less crazy, more financially-focused, still racist as fuck.

>>18684793
why do preteens think 4chan is /bazed

>>18684802
so, stick to trading stocks then, i guess?

Biz recommend me a stock for a 1,000 bucks to get before the market opens on Monday.

>>18684772
The deception is the idea that they are legitimate financial instruments when their entire purpose is to collect fees. This is just the kind of garbage they let us see. The shit firms do we can't see are far worse and destructive, a sentiment repeated by many ex-wallstreet insiders.

>>18684824
Buy 1 put for WING out to October

>>18684769
A leverage ETF tracking, for instance, the S&P will seek to move 200% of the S&P's move for the day. So, using a 2x leveraged ETF, if the S&P closes +1% the 2x ETF will close approximately +2%. It's never exact but it's usually pretty close. The 2x is only calculated for the single day, there is no carry over calculation between days. Over time, a leveraged ETF will tend to degrade due to the way the calculation works, which makes you risk higher and odds of underperformance higher the longer you hold. However, 2x S&P ETF backtests well for long hold and does outperform the S&P. The greater the leverage the worse the decay and the greater the risk.

If you are doing a leveraged ETF tracking futures contracts of a commodity, like oil for instance, there are additional problems you need to be aware of related to futures contract rollover.

>>18684824
UVXY
you'll thank me later

>>18684822
Open a futures account then read the UPRO prospectus. Then use the futures account to yourself do what the UPRO prospectus says and avoid paying Goldstein's fees

>>18684848
lol wtf wings killing it

>>18684870
I can personally assure you their company won’t exist in 5 years.

>>18682370
mind if i save this?

>>18684844
The management fee is listed right there on the main description of any ETF, leveraged or otherwise. This is not deception.

>>18684915
Bruh, you have autism supreme. Its like you didn't read a word I said.

>>18682437
Nice, this had me bamboozled towards the last patients

>>18684938
You think leveraged ETFs shouldn't be available to use for people who want them? You want papa government to say they're not allowed?

>>18684863
i feel like i'd rather just stick to trading the /ES tbhwy

>>18684894
anon you are going to make me coom tell me more

>>18684909

>>18684824
TVIX.

>>18684938
You're a massive faggot who's too dumb to use financial products like intended. Why are you even here? Fuck off.

New Thread, guys

>>18684978
>>18684978
>>18684978

>>18684762
This girl needs to eat more.

baking new bread

>>18684753
Have you seen the numbers on American savings? Most people live paycheck to paycheck. Not just talking about low-income wagies, people in the 50k-100k/yr range too.

>>18684952
>>18684976
My position is leveraged ETFs are a scam. Nothing to do with government. If anything I wish I could set one up. Imagine being able to charge people to lose their money at no risk!

>>18682994
It's new investors randomly buying up stock of familiar brands, not because of any fundamentals.

>>18682156
Fuck that....why would I buy the index then I own the winners and the losers, I want just the winners. Do your due diligence and pick individual companies

>>18685029
>>18685029
>>18685029
new thread with proper subject

>>18684988
i'd feed her.

>>18683801
This is true, I used my trump buxs to pay off my final credit card and I’m completely debt free. The last I was here was 4 years ago

>>18684202
>every Sunday night the futures open flat or green
until they don't

New thread

>>18684978
>>18684978
>>18684978

>>18685013
>Imagine being able to charge people to lose their money at no risk!
Yes. Imagine charging people money for providing people a service that they are under no obligation to use. Truly, it's basically extortion.

>>18684806
This. Finances really filter out the low IQ trash.

>>18685194
>the faggots posting that VPN retardation
>the faggots splitting the generals
>the faggots screeching about pedophilia
>the faggots discussing politics that are irrelevant to the market
eh

>>18682059
>muh indexes

>>18685353
it's not a bad price, but i'll wait for 15. I prefer JPM and C

Check 'em