/biz/ - Business & Finance

holding WFC which sucks dick. it's been hovering at the bottom for a week now. i regret not buying MRO and XOM when i wanted to.

Protip: I have more money than most of the people on /smg/ and I made it all going long leveraged ETFs. Suck it faggots

any ETF recommendations?

>>18685085
I bought 8 shares of XOM at 41

>>18685121
bro that is probably false

oops

deleted my thread. I forgot to put /smg/

Thank you for this ... I always do the opposite of what boomers say and they told me to sell my spxs .. i told them NO

>i feel like i'd rather just stick to trading the /ES tbhwy
Yeah that's basically the idea. The only difference is if you want to do it like the leveraged ETFs, you just maintain a certain amount of constant leveraged and adjust everyday after the 4pm close. Say you want to mimic SPXL/UPRO so 3x leverage and the notional amount of an /ES contract is $141,450 (it is) then make sure each day at the 4pm cash chose that number times however many /ES contracts you have going is 3x the amount of cash you have in your account. If the price changes and you have more or less than 3x then sell or buy contracts as necessary to get back to the right multiple.
>>18685137
:) It's true though

prove this wrong

>>18685141
Okay. Burger time.

Do you guys invest in growth oriented stocks or dividend stocks? Having trouble deciding where to put the last of my cash in my portfolio.

>>18685149
you didn't count one of the red candles under your meme line in making the meme line.

Some of >>18685146 was for >>18684961

>>18685153
it's an outlier so I discarded it

Should I go full cash Monday?

>>18685164
it's only an outlier because you said so

>>18685151
I swing trade either depending on the chart. A "dividend oriented" stock can make for a good swing if it has a nice wide swoopy range to it.

Been looking into utilities etfs recently
dividend yield higher than s&p, but even without dividend reinvestment, cap gains are higher than holding the broader index
betas of these etfs are around 0.45-0.55
this seems based for retirement prospects. Take on 2x leverage for the same risk but greater than 2x returns of the market

>>18685150
Glad you came correct this time.

>Greatest oil crisis in history
>Greatest debt crisis in history
>Greatest unemployment in history
>Stocks going back to all time highs
*sips*

>>18685166
If SPY drops under 270 then a downtrend is mostly confirmed and you should be in cash or at least hedge. Wait for another uptrend confirmation with higher highs and higher lows to get back in to easy mode

>>18685172
the market was wrong that day

Green day on monday

>>18685176
They're basically government mandated monopolies so since they can just raise prices and consumers are forced to eat it they won't ever go bankrupt
beyond that, a ton of local governments use them to secure funding for their programs so even if cashflow was an issue you know that shit would be bailed out fast
a lot of the growth is due to investors seeking a safe alternative to the US treasury and with about a 3.5% div yield these are really attractive
only problem is I can't see the downside risks to this deal which is a massive red flag to me

>>18685176
>>18685211
What about BIPC? Their entire strategy is to buy expensive, illiquid infrastructure assets in markets where there's no real competition, and treat them as annuities.

anyone else hope for crabbing every day just to spite the gay bobos and mumus, both?

>>18685243
You've yeed your last claw

>>18685243
I hope for a massive tech collapse that takes most of the market with it but doesn't actually touch fundamentals so I can buy more RTX cheapies and finally get TSLA and AMZN for reasonable prices

>>18685188
This is for (You)

>>18685202
It requires an even number of steps to reach square 4 and there are 15 remaining squares, therefore you cannot reach the exit covering all squares without revisiting any.

>>18685230
oh yeah promising for sure but it's a little too young to compare with the tried and true utilities etfs we've had since the 90's imo

>>18685264
Revisit your assumptions, there is a solution.

>>18685250
i'll snib ur fukin nose off, faget

Evrope slowly reopening, virvs cvcked ovt once and for all - ITALY REOPENING, CZECHS BACK TO NORMAL! Once the VS gets over this fake virvs, ETERNAL BVLL SVRGE GVARANTEED! BVLL! BVLL! BVLL! 30K EOY!

>>18685029
i'm all in HOG, shorts are going to get fucked. wish me re re luck

>>18685264
Late to the party bro, a big-brain anon solved this shit last thread.

>>18685260
good post
biz is guilty of that. leddit is even worse.
wsb is a community of 1,000,000 redditors shrieking because "the market is wrong" every day. the market cant be wrong. its like saying the casino is wrong. if you're trying to make money using the market, you have to gamble using the market AS IS. you cant gamble based on the hypothetical perfect market.
besides, if the hypothetical perfect market did exist, you couldnt get rich over night. it wouldnt be volatile enough. everyone would have to invest like Buffet and wait 10 years for your investments to show returns. no one wants that

>>18685260
that but unironically, the market is undervaluing RTX because they aren't properly considering future cash flows from Pratt and Collins once air travel resumes in ~2021

the Q1 earnings will be okay, the Q2 earnings will be kinda shit but still profitable, and by Q1/21 earnings will be 40-60% higher than Q2/20

>>18685259
I don't see how tech collapses (unless by "collapse" you just mean a 10%-20% dip in share prices). If those companies really do start to see significant losses, everyone is going to be in for a rough decade.

>>18685290
nice
good luck

>>18685305
>good post
Thanks, this makes the 5 mins spent in gimp worth it.

>>18685310
Tech collapses if they ever need to actually make money.

>its time for your cock and ball torture.

>>18685310
>I don't see how tech collapses
I don't think it actually will but I'm not touching tech right now because at any moment the market could realize triple digit P/Es are dumb

or hey, maybe it won't, and stonks will go up forever, who knows

>>18685285
kek, the crabs are truly the wisest of us all

>>18685317
bro what century do you live in

As AI and virtual systems will probably get stronger after COVID, what do you think about BLK?

>>18685325
if bulls are OOOOOOO and bears are AAAAAAAAAAAAAA, what are crabs? we already got the name of coco the crab. what sound to crabs make going sideways? MEHHHHHHH? HURRRRRRR? idk.

>>18685149

>>18685319
>it was like she was looking at walking garbage

>>18685319
>>18685352
Can you guys just hire a whore and lose your virginity already?

>>18685287
> ITALY REOPENING
Italy actually did a proper lockdown unlike the US. It also did it much before. Also Italy has tested twice as much per capita. And they are opening fucking slowly.

>>18685351
nooooooo you can't just draw a down arrow over my up arrow nooooo

>>18685284
I'm pretty sure my assumption holds, but after re-reading I believe I have a solution. Won't spoil it for others.
>>18685298
Sorry I'm a crypto zoomer so I don't read smg much.

>I shorted hardware stores because /smg/ told me nobody will buy screws anymore because of corona

>>18685365
lol what is your problem chill out

>>18685365
i don't want to get coronavirus, bro.

>>18685365
let me do the math on that
>upfront investment $500
>dividends $0
>no profits
>no future cash flow
>expected value: -$500
no

>>18685388
>tfw bought TVIX
this is your one and only chance to recoup your losses and make money on top of it.

>>18685176
One more chart
VPU aka vanguard utilities etf stacks up decently against the NASDAQ with half the volatility with divs reinvested
obviously under preforming QQQ is for faggots so you'd leverage your etfs 1.5-2x but that's still less risky than holding pure QQQ with way better return

>>18685340
>clack

>>18685388
But why?

>>18685400
>FA
Nobody does that here, don't be absurd.

>>18685183
>Greatest oil crisis in history.
Bullish. Cheap oil is good for companies.
>Greatest debt crisis in history.
Bearish.
>Greatest unemployment in history.
Bullish. Cheap labor is good for companies.
>Stocks going back to all time highs
BULL + BEAR + BULL = BULL > BEAR
Yep, checks out. There are more bull signals than bear signals.
*sips*

>>18685400
nice so same return as your portfolio

>>18685414
college "math of finance" level FA is the basis of all my trading decisions

sometimes I'm even right, which makes me instantly smarter than the smelliot wave guys

>>18685202
>>18685264
>It requires an even number of steps to reach square 4 and there are 15 remaining squares, therefore you cannot reach the exit covering all squares without revisiting any.
Wrong. You visit room 14 and then backtrack to room 13, since that was you and there is only one patient in a room.

>>18685417
>Greatest debt crisis in history
>Greatest unemployment in history
something something stagflation.

>>18685085
Hold, that's a good buy.

>>18685417
>Cheap labor
Anyone who touts this is a sociopath. You know what the cheapest labor is? Slaves. Thats what you will be, do not think you will be the "special one". You can be replaced by an infinite supply of African and Chinese slaves.

OH NO NO NO NO
BULLBROS WE GOT TOO COCKY

Barrick Gold is still undervalued and going to moon soon

>>18685459
>>18685029
>>18685183
>>18685417


Reminder: the market will re-test the ATH before crashing down to lower low.
Slaughtering bulls and bears alike.

>>18685453
Nigger I'll be trading stocks. Work is for slaves.

I'm so fucking sick of this shit, the market is the most irrational fast acting entity I've ever witnessed. It must be destroyed for the greater good of everybody.

>>18685149
TA means jack fucking shit. All stocks behave like TSLA now. Suck my Diiiiiiiiiiiick.

>>18685524
get use to it.

>>18685524
>oil and bank stocks have been crabbing for weeks
>market is irrational
Let me guess. You only look at meme stocks and indexes.

>>18685548
Stop looking at indexes and give your head a shake.

>>18685183
its more nuanced anon. black swan event v sick market or fundamentally flawed economics.
there is a difference in outcomes. correlation does not equal causation you double digit smooth brain fucking bloggers>>18685447
>>18685453

>>18685340
Crabs don't make a noise. We collect premmies at the beginning of the month and while bulls and bears scream at red/green line to hit the strike we are at home exercising, reading and having their wives over.

>>18685149
Look up Elliot wave theory. This is the classic example of shit getting flushed to the ground.

>>18685176
>>18685230
Seconding BIP/BIPC
NEE is the best utility, little overpriced, grab it under 200.

>>18685268
Look at BIP for ticker history, BIPC is the same as BIP, just created for tax purposes.

>>18685524
you got clapped because you don't know how to trade or read charts. the numbers don't lie. study harder.

>>18685536
newfags want TA to work because they're too lazy to look into everything else.. if it was easy as opening a brokerage account then watching some youtube videos on TA.. glancing at a chart and trading it to make money.. then everyone in the market would be rich and making money.. which doesn't work

TA is for lazy newfags.. but we need those lazy newfags so we can make money off of them being lazy and dumb

>>18685524
Kek. Saving this one anon

>>18685590
the problem with crabs is they never notice when the water starts to boil

>>18685606
LCI still ain't $60, how's that FA working out for you, faggot? looks like it got to $6 first kek

>>18685183
Get ready for the big short. Stocks will hit negative numbers most likely with all mom&pop leverage-buying, but I'm sure sharks already waiting with buckets at the bottom.

>>18685596
>look up astrology, mercury is in retrograde and venus is in the waxing phase, stocks MUST GO DOWN

>>18685596
>Look up Elliot wave theory.
lol smelliot waves

There sure are a lot of alts...
>>18685043
>>18684762
>>18684730
>>18684398
All the Jack cosplayers are QT as fuck and even do a good job on their cosplays. I'd be lucky to be flayed alive by any one of them.

But I think they should really add in some weighted lunges or something?

>>18684988
>>18685150
>>18685174
nice borg.
Yes, weighted lunges and meat.

>>18685626
I never said it wouldn't go to 6 dollars you fucking dweeb.. this action on LCI is fucking perfect.. selling all the calls and buying them back.. fundamentals improving... i've been using the same strategy for years before even coming into this thread and it has been working out just fucking fine.... so go ahead. keep trying to grow your $500 robinhood account on that TA newfag

LCI to $60

>>18685646
How do they determine call success rate? If their picks beat the market?

>all my trading is on the TSX for tax purposes and to avoid US day trader rules
>all my investing is in the US in a TFSA so I only pay tax on the dividends
is this smart or dumb?

>>18685612
you're thinking of frogs.

>>18685580
Stock market and economy are intertwined by definition. The economy has imploded. There is now more unemployment than 2008 recession. People will be losing their houses and businesses will be going under. Its not a matter of if, its how fast. The market is at the same highs as a mere year ago, but last year we had a soaring economy, smooth sailing for years, basically giving out free loans for anything anyone wanted, startups booming because there was so much money people didn't give a fuck. Now the money is gone. Anyone saying "v recovery" and "just a flu" ad "cheap labor" and "new ATH" are literally fucking delusional or lying.

>>18685647
Would this bunny slice you to ribbons in order to win the holy grail war?
Click here to find out.

>>18685183
>internet related stocks and grocery store stocks should tank because of coronavirus
>IT and food still and forever essential
*guzzles*

>>18685606
>newfags want TA to work because they're too lazy to look into everything else
To be fair, FA has been tossed almost completely out the window for at least a month now. The entire market is motivated by shorts run by TA.

>>18685656
im not buying your bags, sorry tripfag.

>>18685660
Usually win/loss ratio. So, trade was closed green for win, closed red for loss. You don't need a greater than 50% success rate as long as your risk management is sound. Meaning you cut losers fast and don't baghold them as they bleed your portfolio to death, you let winners run.

Alright boyos, are we buying calls or puts on Monday?

>>18685681
Explain to me (someone who works in IT and is an "essential worker") why IT related stocks should tank when non-essential workers (our users) are forced to work from home.

>>18685718
Both

Yeah, I'm thinking I should just buy a BILI every week, DCA in. It's gonna take off like SHOP.

>>18685365
I'm actually looking for a high quality projectionist like you, just to check these digits.

if you say so, but crab is usually on the menu.

>more demand for IT related services because people work from home
>let's short IT related stocks because the market is irrational for investing in IT related stocks

>>18685699
imo.. most trading is about psychology and all about when you think people will enter and exist positions and how they'll react to most news

for investing however, it is mostly all fundamentals in picking what corporation to trade and then technicals just kinda help you decide when to enter

>>18685702
bro... idc about your little $50... LCI is going to $60 with or without you..

>>18685647
there are some bad ones out there.
Mostly good because you need to be able to fit into a skimpy panties.
There are some nice cosplay sets ready to put on most girls. like AliExpress and other sites.

>>18685646
has there ever been any research done on how often prices move based on these "Big-name gurus" picks? forget right or wrong i want to know if a surge of volume goes into buying at the time Cramer says to buy something on his show. like match up the time he says buy stock X and what the price action and volume on stock X look like for the next hour? the best way to make money in the stock market would be to learn about a way that it is rigged like this, i think.

>>18685632
Seriously though, every strong move comes with a temporary cointer-reaction.
If it's actually going up for valid reasons, it would be hyperinflation, in which case it doesn't matter what you do with your money.

>>18685723
Depends on the stock, but if this thing is bad enough, at the end of the day people aren't spending as much. Also, lots of tech companies are laying off shitload of people.

I work at a company that stand to benefit from this. Still watched half my coworkers get the boot last week. Money is basically not flowing.

>>18685764
>has there ever been any research done on how often prices move based on these "Big-name gurus" picks?
I don't know if anyone has done an organized collection of data about that. It's true that a biz media talking head recommending a particular stock does result in some influx of extra buy volume the following day(s). However, this extra volume may not be sufficient to overcome whatever trend the stock is already in. If stock is in bearish trend with nothing to draw in investors other than a media recommend, it may not hold gains made from that recommend for any length of time and rather would just result in a short p&d cycle.

>>18685766
>If it's actually going up for valid reasons, it would be hyperinflation
Have you considered the possibility that the market overreacted to begin with, and RTX has a fair market value at some level above the current price?

I'm about to get short squeezed this week, aren't I?

So make the call boys
Is XOM going up or down after earnings this Friday?

>>18685612
>>18685680
>>18685754
>snib

>>18685646
>less than random guessing on average.
Just because you believe in physics, doesn't mean you can predict how many skips a stone will do on water.

>>18685548
Good god that is bearish

>>18685755
>Let's fire loyal IT staff that are needed to setup remote systems.
Welcome to my life bruh.

>>18685599
Only things I'll mention for downsides of BIP when compared to something like VPU is muh diversification but more importantly it's P/A is 350 vs VPU which is at 7
Is P/E even a good metric anymore though? I feel like cash flow and dividends are king

>>18685815
Without the lockdown, sure. With lockdown... We'll see.

>>18685580
You know the economy and market was fucked before Corona, right? You know that the crash wasn’t caused by the virus, correct?

>>18685814
i'd be happy with it just causing a 2-3x the ATR or better uptrend to form consistently, that'd be plenty. sell half around that much and move your stop loss up to break even, gamble with the rest to see if it continues or not. the whole stock market game is about finding predictable patterns that repeat themselves regularly, after all. that's what a "high probability setup" is by definition.

>>18685784
>depends on the stock
Indexes are pushed upwards by stocks that are least affected by this. How does laying off people should affect the price of a stock in your mind? In my memory, throughout the years, often when a company lays off several thousand, stock price goes up, whatever the stock.
>>18685857
Sorry to hear that.

>he isn’t stocking up on airline cheapies for the long run

>>18685723
Because they dont have jobs anymore? The company paying you goes out of business? Suddenly your company can on longer afford the infrastructure to keep running and have to scale down. "Tech" in a general sense is the most precarious because it relies on a massive consumer base. If they have no consumer base they rapidly shrink. Obviously it wont happen across the board, but as contracts are canceled and obligations cannot be fulfilled, someone gets burned.

>>18685352
I’m married to a hapa and I think that chick is ugly.

>>18685874
>In my memory, throughout the years, often when a company lays off several thousand, stock price goes up, whatever the stock.
Because survivor bias. You never hear about the companies that go bankrupt after downsizing because they stop existing.

>>18685723
This quarter was the worst growth quarter for netflix. Still growth, but that should tell you something about the state of IT in a falling economy.

>>18685874
I thought you were talking specifically about tech companies that benefit from WFH. If companies are cash strapped it ill be a race to the bottom, which China always wins, because they are always willing to go full on muslim organ harvesting cutthroat mode. Drop a coin in the shitter and china will catch it.

>>18685202
13,9,13,14,10,11,15,16,12,8,7,6,5,1,2,3,4

>>18685877
>gets restructured
Nothing personalle kid.

why are the twitter mobs and various other squeaky wheel types shrieking at politicians to donate their paychecks? congress? Trump already does. I feel like this should be a bigger deal. these people are fucking peoples lives with their reactionary governing and complete incompetence.. why are people not pissed about these retards

https://www.reuters.com/article/us-health-coronavirus-prisons-testing-in/in-four-u-s-state-prisons-nearly-3300-inmates-test-positive-for-coronavirus-96-without-symptoms-idUSKCN2270RX
I’m done with this shit. Open up the fucking country already.

>>18685922
With lots of free time, people realized that 99% of Netflix catalog is absolute shit.

>>18685904
I hedged my statement with "often".
>>18685922
>still growth
I'm not saying the stock should moon. I'm saying they shouldn't tank either. I don't own any tech stocks because their price never makes sense to me, crash or no crash.
>>18685956
>still growth
>people realized something

>>18685925
Buy TMDX
Long Ugyhr harvesting

>>18685681
yo dawg.
you are taling about the unemployment number. ok but check it BRO. the NUMBER is ONLY A FACTOR OF THE CAUSE.
We identify the cause based on the NUMBER. the cause is a loss of earnings due to a temporary suspension of business. it is not indicative of a wide spread systematic FLAW YOU FUCKING FUCK WHY DO YOU NOT UNDERSTAND

>>18685757
I'd argue a lot of it is self-analysis. I know I've skipped out of positions repeatedly because I'm gunshy, but the trend was correct, and I knew it was correct.

>didn't buy BILI

So how do we know which chink companies are scams? How do I peel apart a china balance sheet for the hidden bullshit?

>>18685762
true true
I just want to see a 3dpd who can pull off them thighs.

This one is pretty goddamn cute for western woman and 3dpd.

>>18685879
LOOK OUT EVERYBODY
THE EXPERT HAS ARRIVED!

>>18685950
>Emperor has no clothes
In this day and age, congressmen should probably not be paid at all, they are all already wealthy. Did you know city council members in Seattle get paid like $130k/ year for basically doing nothing? They just ignore their constituents. Thats as much or higher than most Amazon software engineers, but they don't need to know any useful skills or work 10 hours a day.

>>18685718
>buying options
I sell them to degenerate gamblers

>>18686004
What do you sell?

>>18685954
>State offer gibbes for number of corono prisoners
>Jail: "eh... like all of 'em"
>Cuckifornia" "Omigosh the poor future heart surgeon prisoners, here is 50k each! How bad are they"
>Jail: "they are fine... gibbe moenies, uh... they must not be forgotten. uh... we are only as good as we treat our lower..
>Gayfornia: "say no more, someone take more money from the working class white millenials and write 30 buzzfeed articles"

Can I buy prison stocks?

>>18685939
>implying IAG would ever fail, seeing as it owns like three national airlines
Maybe if you’re buying ryanair or sleazyJet

>>18685973
I didn't say they stopped watching. I can't relate. I lose interest in shows about 2 episodes in. TV pigs have no other hobbies.

>>18685989
>a loss of earnings due to a temporary suspension of business
The loss in earnings is not temporary. It gone, just like those peoples jobs.
>flaw
The flaw is allowing rampant unchecked ballooning of debt. This is just the result.

To put it in perspective, we've lost more jobs than we gained in the last decade. You think we can just get those jobs back in a few months? Literally impossible.

Do I buy Clorox shares as they're bound to moon from Trump's statements?

>>18686075
No
#TeamLight

>>18686026
look into which privately owned prisons are publicly traded on an exchange.

>>18685997
Kek have sex

>>18686012
Low volatility consumer staples that pay a healthy dividend. I have rotation based on ex dividend date.

>>18686089
GEO chads rise up

>>18685723
Explain to me who the customers of IT companies are.

https://www.sfgate.com/bayarea/article/Coronavirus-updates-COVID-19-Bay-Area-deaths-cases-15225947.php

>Coronavirus updates: Santa Clara woman's heart 'burst open' from coronavirus, autopsy shows

>>18686026
Yes.

>>18686118
We're effectively a government contractor. So whatever IT service we procure are in the end paid for by a government and so are we. There's an example.

>>18686113
Why is the overall trend down forever?

>>18686088
Red five, reporting in.

>>18686136
Fuck off back to /cvg/ retard.
>muh super airborne t glasses lungs.
Fuck off.
I do not want you faggots shitting up /smg/

>>18686136
>obese american woman has a heart attack
>obese american woman has coronavirus
>they retroactively reclassify this as corona related

>>18686112
>I have rotation based on ex dividend date.
What happens on the dividend date? Tell me more.

>>18685859
P/E for it is ridiculous because it is a limited partnership of BAM, they pay management fees and stuff for deals. Basically a way to give investors a way to own only the infrastructure part of BAM. P/E works for normal stocks, but for LPs it's different.

>Imagine living in a world where everyone carries a constantly mutating highly contagious virus which at any time could turn into a deadly plague

>>18686050
the jobs aren't gone though. the jobs are still there the demand is still there.
do you think that every single job lost is permanent?

>>18686112
How do you choose the strike and expiration? 2xdaily ATR on weekly expiration? Further out at higher ATR? Eyeball?

How do I short Kim Jong Un's life?

>>18686136
>he doesn't have corona foot

>>18686154
But not every IT company is a gov't contractor.

>>18686223
The jobs are GONE! Business don't have money to pay for people when they don't have any customers! What part of losing TEN YEARS of job growth do you not understand? It took TEN FUCKING YEARS to grow these jobs. You can't just turn jobs back on. If we could just give everyone a job, why the fuck did it take 10 years??? Fucking think for a second.

>>18686136
>CoronaVirus toes

>>18686241
Sure. But here's an example. Amazon.

>>18686241
Also guess what office suites the US government uses. And ask yourself whether Intel or AMD cpus are used by the government. And so on.

>>18686223
The jobs are not going to ALL be there, and the number of them that are lost is projected to be rather large. That is the point. The reality is that many small businesses will not have sufficient cash set aside to whether the downturn in revenue that they're going to see over the next few months. The government stimulus is going to be insufficient for some of them to remain effectively closed while we await a period of renormalization and for demand to gradually increase to prior levels. Those businesses will not be able to risk additional debt in order to remain afloat, or will not see enough of an upside to outweigh the short-term risk of remaining open. Demand will NOT bounce back, because that's not how humans operate. The airline industry post-9/11 has been constantly pointed to as historical precedent in these threads, and is just one example. We're going to be seeing similar patterns across several sectors. It is going to hurt, a lot, before it gets better.

So there's a glut of oil. So prices are low as hell. But how about in 9 months? All the oil has been used up, they're cranking out more, prices skyrocket cause increased demand. Nat gas demand goes up. Prices climb. Oil company stocks go up. Those who buy now end up making gains galore. Everyone's happy.

>>18686281
long on msft? I'm already long but this confirms my bias that poosoft will take over the world.

Guys. Do I buy MGM after earnings or MRO Monday. $5k available

>>18685711
Checked.

>>18685254
literally all the same faggot... he tends to have more than 30 posts per thread. It gets pretty easy to find him.

Why C? JPM seems great but I'm also eying USB, MS, GS. And of course BLK but that never dips.

Also some of the other non-bank financials are interesting to me, like FICO.

>>18686075
>Clorox
>moon from Trump's statements
Clorox hit 200 recently for a reason, not because trump. Have you tried to find Clorox wipes anywhere in the past month? That shit is harder to get than toilet paper, hand sanitizer, whatever.

I trimmed too early but I still have lmao1share. Looking to buy more during the profit taking when they report earnings.

>>18686219
just getting us ready for the alien invasion.. we will all be immune but they won't.. try taking our planet and we'll kill you with the virus that we're all immune to fucking suckers

>>18685149
increasing prices on low volumes? it's going to fall

>>18686299
MGM post earnings

>>18685989
Nothing in the economy happens in a vacuum. One person loses their job, they dip into their likely meager savings to pay rent, car, car insurance, phone bill and data/phone line, internet, among other things like student loans and food. It doesn't take long for that, and we're at a stretch already. It's absurd to expect us back to 100% immediately, It'll be graduated slowly. Slowly enough there's a good chance that a lot of people are going to start missing payments which is going to cascade into the larger economy.

And those unemployment numbers are very probably bogus, by the way. They're bottlenecked, processing takes time. A lot of people probably aren't even eligible for unemployment since you need 90d employment to receive it. And that has its own problems, some people are reticent to return to work since they're receiving more pay than they otherwise would (moral hazard). Lots of people are taking cuts to hours or rate as well.

>>18686262
AWS is only 13% of Amazon's revenue.

>>18686100
>Kek have sex
it's difficult right now

this hapa broad is worried that if she starts going out during the shutdown her husband will start getting suspicious

>>18686290
Why would you buy now when there's much more short-term risk associated with holding oil positions. The logical thing to do would be to wait until there's slightly more certainty that our demand is picking up, even if there's still enormous supply. Right now, we don't have any firm estimates on the pace of the increase in demand for oil. It's gambling.

>>18686303
>ACK ACK ACK ACK
Wait, isn't that tangentially the plot of Signs?

>>18686256
>>18686050
>The loss in earnings is not temporary. It gone, just like those peoples jobs.
true. for that quarter. every company has Q's in which it lost money. it is temporary in the sense that we measure the market by units of time called quarters so by definition any loss or profit is temporary
>The flaw is allowing rampant unchecked ballooning of debt. This is just the result.
true again but not relevant to your original point. stay on topic. the debt balloon has been the grim reaper debate for decades.
>To put it in perspective, we've lost more jobs than we gained in the last decade. You think we can just get those jobs back in a few months?
again, we measure the market and economy by time. the unemployment is of course temporary because the jobs weren't lost because business went bust or there wasn't consumer demand due to depression. your argument is based on the effect of jobs lost being due to a depression and that's not factual. just sperging cnn talking points. what happened has never happened before, thus the outcome you are citing is actually not in reality the outcome based on the cause.

>>18686290
Yes, but make sure to buy companies that have a good chance of survival

The prices can still get much lower before they start going up again

>>18686302
Ooo she is hot. Nice find.

>>18686319
>13% revenue
>70% profits
Oopsie. I'm sure you googled this and didn't actually bother to read anything.

>>18686318
> One person loses their job, they dip into their likely meager savings to pay rent, car, car insurance, phone bill and data/phone line, internet, among other things like student loans and food. It doesn't take long for that, and we're at a stretch already
why do you assume everybody else has as much money as you do? because the newsmedia finds the most extreme sad cases and then the sheep believe the story on the tv represents the majority?

>>18686296
I have no idea. I've had a queasy feeling about tech stocks since the late 90s. But Microsoft as a company isn't going bankrupt. At my work the bosses are making us gradually migrate to Office 365.

RIP my intel shares

BA 170 strike / may 8 exp / 7.00
thoughts?

>>18686332
>for that quarter
Next quarter is going to be WORSE. Why would it bet BETTER?
>debt
Its the cause of this crisis, of course it relevant to the discussion.
>unemployment is temporary
Its literally never temporary. There is literally not a single time in history where people recovered lost jobs in a rapid amount of time. These businesses are closed. Just because you don't read about it in the news yet doesnt mean its not happening. Literally a repeat of 2008. Anyone who thinks lost jobs are temporary is simply delusional thinking we are going to "return to normal."

>>18686372
Well the sad fact most people now are ass deep in debt. they have zero or little extra cash cause the debt and normal bills sucks almost all of it. Student loans, credit cards, auto loans,house payments,and if your really unlucky kiddie payments (child support/ex-wife support) all taking a bite plus your everyday expenses.

Imagine watching some camwhore play videogames for an hour and paying for the privilege. DO you fuckers have no dignity as men?

>>18686332
That's pure delusion. See >>18686286. Many of those jobs are going to be permanently lost because those companies will not be able to instantaneously rehire staff. Hours are already being cut, jobs are already being lost (not furloughed), wages are already being reduced. Many small businesses will simply not survive. Take a look at the issues being reported on regarding the small business lending programs. This is going to have ripple effects throughout the entire economy.

>>18686372
Survey, after survey, after survey has repeatedly found that Americans, even those living above the median household income by a substantial margin, DO NOT have large emergency funds set aside. Many Americans are living paycheck to paycheck. Look at some of the survey links discussed in this: http://archive.is/joEoQ..

>>18686428
Your /v/ tab is that way ->

>>18686428
Please, I may be a gambler but at least I'm not a simp

>>18686405
Where are you seeing that? I have 1.0 here (3.4 bid though).

>>18686461
https://www.youtube.com/watch?v=btixFgKmXDE
Unbelievable
Okay >>18686442 I'm done with it. Just had to get it off my chest to my /smg/ bros. Never been to /v/ in my life but I keep seeing vid related type stuff on my youtube page. Maybe Google has me pegged cuz I visit 4channel.org in Chrome

>>18686408
>There is literally not a single time in history where people recovered lost jobs in a rapid amount of time
that's what I just said. how can you formulate a pre determined outcome if their is no standard in history to compare it to?
>you can't
> Literally a repeat of 2008
you are taking 1 data point then connecting the dots.
I can tell you how 2008 was different in more ways than similar.
>Its the cause of this crisis,
literally what? the cause of this crisis was a black swan event in the form of a health emergency. a quarter of profits lost. how many of those jobs will be permanently gone from the economy? either way, job loss is temporay because of literally 1 factor, demand. the demand has never left in fact demand is pent up. the nature of the markets will create new jobs to fill demand. whats with you , have you ever taken econ in your life or are you just here to shitpost?

>>18686426
debt is not the worst thing that can happen to you anon. you can be homeless poor on the streets and debt free to, ya know?

>>18686405
you'd be a fool to bet on them before earnings

>>18686471
my cost average for the calls is 7.00. I didn't buy the dip

>>18686372
I have more money than you lil nigga.

I love cunny and I love seething schizoids complaining about the board “meta”

>>18686495

My issues is the timelines of thing, even the 2018 correction took 3 month to bottom, it's too early to call it a recovery.

If someone has 10k, do they have more than the average person in cash?

>>18686286
>projected
like when they projected gorillians dead from covid
like when they projected needing gorillians of ventilators in jew York then ended up shipping most of them to storage
like when they projected 200k dead in florida
please anon tell me more of your projections
like when the projected HRC to win 90%
make me laugh.

>>18685723
Same reason UPS & FedEx are down, 'essential' =\= profitable

>>18686523
>the board “meta”
?

>>18685029
She looks cute in this picture. Literally Shkreli in every other one.

>>18686527
time has accelerated everything when we entered a new paradigm.

>>18686553
Why are they flatter than a 10-yo?

bros i'm scared...

>he didn't go all in on TVIX

>>18686360
Amazon making less money from its online store is actually bad news.

>>18686548
>UPS
Are you sure? This doesn't look so bad. UPS was 106 before the crash.

>>18686572
Because they're nine

>>18686573
Alphabet and MSFT are going to pump the market

>>18686582

>>18686507
I’m thinking of buying BA puts but I’m worried bad earnings is priced in, will they really dip sub 109 again

>>18686573
Oh man, massive week.

>>18686439
>Survey, after survey, after survey has repeatedly found that Americans, even those living above the median household income by a substantial margin
I cn promise you anon im not telling some survey fuck all of my assets. im going to keep cash on hand and MOST americans do. sorry if you cnn surveys are created to only support cnn talking points. its not real. literally fake news.

>>18686573
Isn't Ford on tuesday?

>>18686521
bish the ice around my neck is more than your car

>>18686553
Those are men
3D adults make poor cunny

>>18686573
>bp
>exxonmobil
yikes

buy airlines stocks now y/n?

>>18686495
>its the virus bro
>virus gone = golden bull!
>jobs just come back!
>muh demand
Just stop. You can't just "go back" to a booming economy. You like to say "muh factors" but just ignore all the negative factors and then just assume jobs and demand will come back.
Heres a simple version: people lose jobs, can't pay for things, consumer demand plummets, more people lose jobs, people can't afford homes, homes go into foreclosure, businesses go bankrupt, banks cannot collect on loans. Its a shit show.
You assume these jobs will come back, but provide no evidence for it, and there is in fact negative evidence for it. You're literally just repeating the talking points from TV people
>muh v recovery!
>muh job surge!
>demand still high!
When its literally all baseless speculations to prevent people from waking up to the fact we are entering a depression, and its worse than 2008. Pure fucking delusion.

>>18686572
because they have sub 10% bodyfat and asian genes

You think you could find anywhere for calipers to pinch? I'd like to try.

>>18686587
scandalous if true

>>18686620
>Those are men
this is false
>3D makes poor cunny
this is true

>>18686590
current support 128-129 has held but if it gets below 128 that could be a gap down and then im fucked.

>>18686616
What's the interest rate on the mortgage you took out for it, lil nigga?

>>18686630
Wait until after earnings unless you want to get bogged

>>18686644
>Heres a simple version: people lose jobs, can't pay for things, consumer demand plummets, more people lose jobs, people can't afford homes, homes go into foreclosure, businesses go bankrupt, banks cannot collect on loans. Its a shit show.
This is extremely oversimplified, because we're not on the gold standard. There is literally infinite money. In Canada 75% of small business rents will be paid for by the government. And so on.

>>18686645
That is literally 15-18% bodyfat on those women.

>>18686527
That's a valid concern, given that we're heading into a short recession and are in somewhat uncharted waters with respect to how long the phased reopening will take. The rest of the economic outlook will likely be similar to segments of the GFC, with the potential for being on an accelerated timeline. Know that previous lagging indicators will now likely be leading as we head into this.

>>18686545
>>18686598
>No rationale behind thoughts.
I see, carry on shitposting then.

>>18686630
Wait and see. They're going to be hurting for a while. http://archive.is/vmJR8

>>18686668
There is not infinite money, and the money that is being used for SMBs is having a hell of a time being managed and allocated efficiently here in the US. Lenders are also raising credit restrictions so that some SMBs will simply be ineligible.

>>18686518
It says 2.20 here bro

>>18686644
sorry anon. the market doesn't care about your doomer predictions. its all speculation driven by demand. until you show me a case for lowered demand then your whole argument is void. sure it may not go back to dow 30k by august but we already retraced enough to take us out of a bear market. you cant go back bobo. that's not how it works. not without another black swan. im not a prophet. the market will crash again 1 day but your shorts are gone. cope and move along.

>>18686668
>infinite money has no consequences
Can't wait for Zimbabwe mode!

>>18686689
bullish and priced in

>>18685580
>implying economists are better than weathermen
kek. We don't have a discussion where it's worth getting into the details and no one, including experts, would be doing better than throwing darts blindfolded with their urethra, midwit

>>18686302
I like them for financial strength only. I'm weary of banks in general in the short term. In the long term, JPM should be well positioned to work with Chyna. Payments processors should probably do the best however. Ratings agencies should fare well.

>>18686689
>There is not infinite money
I wouldn't bet on this. One reason of the many reasons to stay away from forex.
>>18686695
Their stock market is booming.

>>18686689
>previous lagging indicators will now likely be leading as we head into this.
Such as?

>>18686695
Except unlike Zimbabwe, every nation's debt is priced in USD. There is more USD debt than USB bills by like two orders of magnitude+. We stealing money from other countries every time the printer goes brrrrrr

>>18686668
that's only if your business suffer at least at 70% drop in revenues over the 3 months per the terms. if that's the case you're pretty much on your last legs already. i'm a small business in canada. i should survive. but most businesses won't if this continues much longer.

>>18686649
hahahaha fuck you I used the 0 % interest offer on my cc because I had 700 credit before I financed my 50k sports car
if the world is ending due to any number of reasons I want to go out looking fly as fuck, having fun and with as much debt as possible. the American way. better than dying a poor fuckin idealist

>>18686695
Infinite money didn’t work in Zimbabwe because the country is made up of dumb niggers that eat mud, America can do whatever and get away with it

>>18686721
Unemployment, for starters.

>>18686694
>People buy new phones and cars and tvs when they can't afford rent or mortgage
Its like you guys have no sense of the future. Its like a child who thinks "things are this way so it will keep being this way." Anyone who says there is a recovery is LYING or DELUSIONAL!

>>18686735
I think this is what Marc Faber said long time ago before getting instantly deplatformed.

>>18686669
Then you explain it, smart guy.

look I never claimed to be an expert on bodyfat, all I know is if they tried to do extended fasting it would be extremely painful

>>18686713
>well positioned to work with Chyna
I don't think the trend of increasing globalism is going to continue, I expect it to slow. But maybe financial integration will still expand.

>>18686644
can't we just slow down instead of everything going to absolute shit? im not exactly a fan of the consoomerist culture myself, i'd like people to go back to living more simply, i don't understand why that has to mean the fucking world ends. okay we're not booming but we're still an economy and we can work our way back up there potentially, what's wrong with that?

>>18686731
Good luck.

>>18686573
>alphabet
>advertising company
>HUGE guidance cut
>pump the market
kek, it might. my monies on a friday dump tho.

>>18686731
Typical cucknada response really, rape the small guys, bend over for big murricans. Still waiting for dem PPEs and actual corona tests instead of handwaves and rainbows.

>>18686739
>Anyone who says there is a recovery
So you are saying there is no recovery? What's your time frame?

>>18686693
I bought a couple calls 2 weeks ago when BA pumped for 13.00
then ii bought a few more on Friday to cost average down to about 7.00

>>18686753
in any case this is the ideal body
>>18686658

>>18686779
Thanks for the explanation.

>>18686755
We can't slow down because of the way the economy was built. Businesses take out massive loans that they need to pay back, which forces them to grow and get more loans to cover their old loans. Eventually they cann't pay and it all comes crashing down at once. It lets you boom big, but also crash hard.

>>18686713
I learned from the great Milton friedman. far from a weatherman. don't you dare muddy his name here.

>>18686573
Monday
>not touching any of those
Tuesday
>AMD is already overextended. Will tank 5-10%, buy after that.
>Buy Southwest on Monday. It is down nearly 50% in 3 months. They are recieving nearly $10bn in payroll support, will allow them to delegate money elsewhere and will be a key point in conference call
>Starbucks down 5% after earnings. buy afterwards
>Pfizer will do great Tuesday. Buy on Monday
>iRobot: retail has been doing great during the quarantine. these robotic vacuums are the type of shit people splurge on when they're bored. Buy Monday
Wednesday
>Boeing is down 65% in the last year, and it will continue to tank after earnings but quickly cut some of those losses. buy when it drops 5%
>GE tanks and will rebound after selloff. buy the dip
>Microsoft is solid. Buy Monday
>Facebook is also solid. they are changing their platform to include more videos and improve time spent on app (and its working) will be a key point in conference call. Buy Monday.
>Mastercard is a solid company expected to have solid growth. is down 18% because of the virus. Buy Monday

and thats all. getting tired of phoneposting to type out Thursday/Friday

>>18686739
>People buy new phones and cars and tvs when they can't afford rent or mortgage
who do you know that does that? do you live in the ghetto?

>>18686788
>Businesses take out massive loans that they need to pay back, which forces them to grow and get more loans to cover their old loans.
You can look this up on a stock screener. It's called Book Value. Oil companies are in the green. Their problem is that their physical assets aren't liquid and they need a cash flow to pay their employees. This is where the government steps in and showers them with money.

>>18686788
why isn't it just accepted that this happens then? the boom&bust cycle has been happening forever. why are we crying about the lost jobs and the businesses going bankrupt if this is expected? shouldn't we be prepared for this considering how often this cycle has occurred historically to this day?

>>18686827
A Second World War could never happen.

>>18686784
nope.

>>18686773
There won't be a recovery until the corona virus issue is dealt with.

>>18686813
thanks for the hope anon
>BA

>>18686773
I will clarify: The "uptrend" is the most obvious dead cat bounce in history. We will head down a significant amount (I cant say how fast or how low). It will take years to break even, maybe even a decade. It took 5 years to recover from 2008 (from the last peak in 2007). This is worse than 2008.

Do you guys exercise your options or just sell them?

>>18686827
We finna deleverage. It's a pretty big deal. Gonna be like the depression. This is the end.

>>18686813
Someone bought 100k worth of deep otm puts on fb for may 18, don't think there's anything to it? I could see a flash crash as someone tries to unload but it could be a dumb whale too.

>>18686845
>the corona virus issue is dealt with.
There will be a new normal.
https://www.onenewspage.com/video/20200424/13007587/German-schools-reopen-to-new-normal.htm

>>18686827
unironically yes people who cry about it are weak af whether their socialists or not
I agree that leveraging companies 20x is gay but if management does it then they and their dumb investors should eat it

>>18686847
don't fight the fed. that's what the stim packages were all about bby, to catch the bounce. sorry. its probably better this way, I mean sorry your puts are fucked but. yes.

>>18686847
>The "uptrend" is the most obvious dead cat bounce in history.
I posted it elsewhere. It's an uptrend for tech stocks, hardware stores, grocery stores/walmart etc. Oil and financial stocks have been crabbing.

>>18686193
Price action fuckery tends to happen around ex dividend dates making it more likely for me to get assigned. I want my divs so I don’t sell calls on stock near the date.

>>18686227
I go a month out for expiry and use a combination of ATR, percent gain, and how much of my portfolio that stock is. I’m more risk averse on stocks that are a significant size. I stagger all my sells by a week so my exposure is limited and I have a constant stream of premium and dividends.

>>18686865
lackluster earnings report because of lost ad revenue due to corona imo

>>18686827
Greed. Its pure greed. Just think from that perspective, thats why stimulus doesnt work very well. All those loans to small businesses are being given to big businesses because banks want to protect their largest debtors. People over leveraged and now its time to pay the piper. Its like building a house on a cliff and assuming nothing bad could happen.
Also this >>18686837

>>18686881
Don’t get caught with your pants down buddy

>>18686827
Preparing for it requires making significant short-term sacrifices for long-term gains on an unknown time horizon. In the 1980's and above environment, the codeword was speed and everyone was hyperleveraging everything because capitalism is ultimately a rich-get-richer scheme. Not hyperleveraging puts you at a 10% disadvantage next year, and a 10000% disadvantage in 5 years.

>>18686875
how do i stop the government from giving bailouts?

>>18686892
>>Price action fuckery tends to happen around ex dividend dates making it more likely for me to get assigned. I want my divs so I don’t sell calls on stock near the date.
Interesting. I'll take note of this.

>>18686840
this probably sounds gay but that figure has too much sex appeal to be ideal you gotta appreciate the subtle beauty instead of getting overwhelmed by lust
not like I could resist irl tho lol

>>18686893
I don't really buy that one, and I think snap demonstrated it's a bullshit analysis. We'll see.

>>18686892
You only ever sell covered calls then?
what's your strategy when a stock goes down? Turn the call naked and limit buy if it goes back to the sell price?

>>18686906
steal from the government or the corporations they're bailing out

AHAHA! After two weeks of intermittent trying, I got Vicky 2 running again!

I shall now rule the world as Gran Columbia!

>>18686755
>>18686773
We're in for a slow, gradual recovery after a precarious drop and grind to the bottom. The IMF is expecting a recovery in GDP by the end of next year, following their optimistic case. The problem is that the somewhat unprecedented situation we're in has a lot of room for downside risk due to uncertainty surrounding COvid-19 treatments and the impact on phased reopenings. It might take even longer than two years to reach similar GDP levels to the start of this year, and certainly will take much longer before we see a return to previous employment levels. The GFC is a decent indicator of the timescale required for employment to reach prior levels of engagement. The markets are similarly going to be uncertain during that timeframe.

>>18686827
People are greedy. The problem is not what we have or have not learned over time, it's that people willingly ignore these lessons for short-term gain. And we've been bailing them out for it, for one reason or another. Yes, by rights, those over-leveraged speculators should be wiped out, but because of the "too big to fail" mentality, the citizenry are forced to "socialize the losses" while partaking in a negligible amount of the profits.

>>18686881
This is beyond bait now.

>>18686914
That's the beauty of 2D.

>>18686753
read up. If the companies (and the chinese middle class) don't get eternally run into the ground, shit's going to be super cash. It's likely a much longer play, and the banks probably have not seen max pain. another 20% to 30% discount is probably coming.

>>18686801
>>18686881
>monetarism
better than other things. Monetary policy has definite limits.
How much else can the fed do? We're going to need more fiscal policy & stimulus and those are slowly running out of options as well. What makes you so confident in the fed financing bond etfs? you saw 2018.

>>18686573
Short amazon on earnings

>>18686865
FB is down 2.5% for the year and 10% this quarter. I expect earnings to be lackluster but this stock is already at a discount price. I believe any selloff will quickly rebound and put this stock in the green EOD

>>18686933
low taxes to stimulate growth. national infrastructure projects. growth is the only hedge against debt and inflation. the only thing that will hurt it is the Left shrieking about the rich paying their fair share. a rising tide lifts all boats. having a few greedy rich people gaining the systm beats the government gaming the system.

>>18686931
>People are greedy. The problem is not what we have or have not learned over time, it's that people willingly ignore these lessons for short-term gain.

goddammit how the FUCK do i profit from this?

This looks around as ridiculous as a tech stock.

>>18686840
Christ.
Reality can't compete.

>>18686914
>this probably sounds gay
yes

>>18686933
>you saw 2018
not seeing how that's relevant

>>18686983
Wouldn't AMZN pump from all the quarantine sales?

>>18687013
Cramer told his zoomers to buy HD, no wonder.

>>18687015
Sales will be down

>>18687015
>buying at all time high
>they are killing it!
People who say this make me reeeeeeeeally want to short Amazon

>>18687015
Priced in already anon, it's overbought even taking the quarantine into account. Don't forget the FOMO morons, mainstream sheeple who were directed to AMZN, algorithms, etc.

>>18686922
No I sell cash covered puts as well as the occasional iron condor or credit spread. If the underlying goes down significantly I instantly harvest all my premium on the call and sell a put at a strike price that would lower my cost basis if assigned or use the profits from my call to buy more cheapies.

>>18687033
Interdasting
What are your put suggestions, anon? Mid may @2200-2300 range? Lower?

Kek, hey I'm a greedy bastard I'll freely admit it. The Govt wants to give me money and no hidden fuckary involved (No nasty surprise when I do next year's taxes), hey I'm all for it. Yeah I know the purpose of it; to help those who need it, but in my case that money went straight into my bank account and brokerage account. So next year rolls around, I'll still get my full tax refund as well. Also getting a payment credit on my auto insurance so less green getting sucked outta my account.

>>18687058
2300 on the day after earnings get announced

>>18687004
>low taxes to stimulate growth
municipalities and states are going bankrupt and are going to need loans from the govt. They have few options for raising money because everyone is unemployed. Taxes are likely going to have to go up, services need to be rolled back, and pensions are going to get cut. The only level that seems to have flexibility will be federal. I don't think that tax preferred arrangements will be fast enough to kick things back in motion.

>>18687014
>FED: hey guys, we're going to slowly unwind the sheets from 2008 this year, ok?
>FUCK FUCK FUCK FUCK FUCK FUCK FUCK
We're on thin ice

>>18686576
Source on original?

>>18687030
this upcoming week im gonna watch mad money and the stock market at the same time and see how price reacts, there's gotta be something here.

>Close Your Door Before PLaying This Game
>earnings April 27th
any ideas you fucks?

>>18687089
>2018
Two years and people already forget. How is it possible.

>>18687089
VIX hedge

>>18687030
>Cramer told his zoomers to buy HD, no wonder.
fuckoff with this shit

He's been killing it this year. He said not to trust that february rally that ignored the virus, and he was calling for the US and especially DC to pay the fuck attention to Wuhan.

When he said "they know nothing" and Mnuchin called him to get him to shut up... that was pretty damn ebin.

>>18687108
I think that experiment has been tried, the schedule of guests also probably gets posted somewhere before it actually airs.

>>18687089
This is why I think June will be the grand re-opening; the risk of state govt's going tits broke and other large companies going tits broke will require it. Health issues be damned. Hell McConnell already said states should declare bankruptcy if they can't pay the bills. Personally I don't want my state to go that route.

>>18687122
>people already forget
I didn't forget shit, he said
>What makes you so confident in the fed financing bond etfs? you saw 2018.
And I still don't see the connection.

I have been thinking about entry prices on MFA. I think it is still a buy depending on whether the fed passes more law about loan / credit relief, bailouts, etc.

>>18687151
i don't need a lot, just an average measured move would be good enough if it is consistent. basically wait for the moving averages to flip up on volume.

>>18686747
Unpopular opinion globally but it is true.

>>18687030
Anyone else remember those "Get Invested!" commercials CNBC would air all the time until just a couple months ago kek

>>18687172
I used to watch their "halftime report" and they'd have have the chart up while the "traders" would talk about tickers. That's during market hours, you could watch as the stock gained or lost points as they pumped or trashed it. It would then generally retrace the move.

Bros I can't find the Jimmy Cramer Friday morning China/Gilead rant on the internet anywhere

>>18687057
You keep cash reserves to cover the put or do you sell the stock as well?
Also what kind of relative returns do you see under normal market circumstances?

>>18687264
He was coping so fucking hard holy shit

>>18687264
The dude is acting like a lunatic these days. He’s trying to trade his way through this and is getting massacred

>>18687264
>>18687299
The Gilead drop was legendary, a taste of whats to come. Hard to believe news on a single company cratered the entire market 2% in seconds. Goes to show how fast the algorithms will move.

>>18687156
the middle of america should be able to open up mid may (no large events), and the coasts in June. Work from home will probably continue until August. Schools will likely only have hybrid classes for students that need lab for the fall semester.
Reopening middle america seems great, but if the supply chain is disrupted or consumption remains low in densely populated areas, then what the hell is middle america going to be doing? a large number are truckers. I really think we're going to see some nasty ripples.

>>18686573
>AMAT on monday
OH FUCK I DIDN'T BUY YET

Holy shit and tuesday... any chance we'll get some retarded selling off that lets us buy in cheap? Most people will be watching Alphabet but
Some great buys here:
>AMD
>Merck
>DexCom
>Pfizer
>PepsiCo

Honestly...
Applied Matrials and DexCom have killer potential for the next 1-10 years.

>>18687322
>He’s trying to trade his way through this and is getting massacred
completely false

Why do you people come in to talk shit when they haven't been paying attention? He bought the bottom and sold the top in Clorox, Costco, MasterCard, CVS. Really only getting fucked in Tyson and ...ugh I think they still have some Viacom.

>>18687256
I think it's time eat and unwind.
Have a Mary Reed and Jack Video.
Thank goodness I dumped most stocks and have less to manage on monday.
https://www.youtube.com/watch?v=EoTpWFic_KA

>>18686281
>but gov purchases cpus! isn't perfectly reasonable for them to be at ATHs!!!1
C O P E

Should I buy this for shits and giggles

>>18687400
Why? If it does hit, you don't want it anyway. At least buy some $250 or $500 puts.

>>18687151
>>18687390
Thanks Jim. You've got surprisingly good taste in 2D for a boomer.

>>18687166
I believe the implication being that any unwinding of QE by the Fed will result in the markets throwing a tantrum. As such, it would behoove the Fed to consider these effects going forward and minimize the extent of their "infinite QE" as much as possible.

>>18687363
AMAT, yes, once it dips again. AMD is overbought (for now).

>>18687429
I just thought it was funny

>But Gallup’s work suggests a concern over the virus that transcends economic concerns. It found that 81 percent of those not currently working would not rush back to normal life should the country be reopened, with 71 percent saying they’d take a wait-and-see approach and 10 percent saying they’d indefinitely limit contact with others.

BTFO you absolute shitbrains that think "reopening" will fix anything. the new normal is permanently halved consumption and productivity for years to come. Not. Priced. In.

>>18687322
He was funny to watch in 2007-2009.
https://www.youtube.com/watch?v=qJpo4YHyad0

>>18687397
>isn't perfectly reasonable for them to be at ATHs!!!1
Read my other posts. My point is that it is not reasonable for them to tank either AND I don't think tech stock prices are ever reasonable if take P/E, Price/Book, etc. into account.

>>18687287
>cash reserves
Sort of. I use margin equivalent to the equity in my T bill ETF for cash covered puts.

>returns
I only started do this in the last 6 months and I’m still learning but I’m on track to getting ~15% APY of the portfolios equity in income (Divs + Premium). The equity value of the portfolio tracks the market more or less.

Bred line starts here
>>18687624
>>18687624
>>18687624

>>18687448
explain this to a newb pls

>>18686914
Just actually looked at the statue, and certainly goddamn that is one type of ideal female body.

But I honestly can’t just pick 1 (one) type of ideal female body.

>>18687641
Explain what?

>>18687429
If it hits he becomes very very wealthy

Options contracts are backed by the OCC, even if the company becomes an OTC stock

>>18687924
It won't hit, even if it did, the most you could make off a single contract would be $500. A 1600% gain, but if you actually spent real money on that you'd be a literal retard because that's a suckers bet.

>>18687686
>>18688002
what is the suckers bet?
im assuming this is like picking a 500/1 horse, i just dont understand the numbers as to why it is.

>>18688105
A put is a contract. The seller of the contract agrees to buy the stock at a certain price, and the buyer of the contract agrees to pay a premium.

In this case, this is a $5 put for Tesla expiring 6/17/2022, meaning anytime between no and 6/17/2022, if Tesla drops below $5, you can exercise this contract and sell 100 shares for $5. If Tesla never drops below $5, the contract is worthless. The contract costs $0.30 a share, or $30 for 100 shares.

So, let's say you had $300 to spare, you would buy 10 contracts, which is 1000 shares. The most money you could make is buying 1000 shares of Tesla at $0.00, and selling them for $5, so the most money you could make on spending $300 on this contract would be $5000.

Yeah you can make money, but you're betting on a company to lose 99% sometime within two years which probably won't happen.