/biz/ - Business & Finance

long for tiddies


riding those oil waves brothers

>USO baggies

UCO>USO

when is the 2nd stimulus check coming?

China about to get isolated from the rest of the world bros

>>18729645
Finally the S&P500 is back at September 2019 levels. Everything is back to normal. Thank you Central Banks for saving our future!

I'm thinking of getting into investing but I don't have that much time. Are there usually days when the market is slow or there are big changes, or is the stock market so volatile every day is totally unexpected?

The rug pull was a flying carpet all along

Will AIR drop again tomorrow?

my PEP and MMM are pumping in the premarket :3

>>18729713
I think I should huff paint before trading. I need to understand you can't fight brrrrrrrrr.

>>18729704
We can only hope

That oil pump earlier was a big nothing. Should have shorted more when it peaked. June futures will go negative by the end of next week.

SSO (DBPG for euroanons) is a 2x leveraged ETF based on the S&P 500 and it is one of the few leveraged ETFs that existed before the Great Financial Crisis of 2008. Had you bought SSO (DBPG) at the literal top of the market before the recession in October 2007, as of this moment, you would have gains of 176%. Had you bought the underlying SPY on the same day you would have gains of 98%. So had you bought the leveraged ETF, even at the worst possible time, you still would have ended up with almost double the gains.
Remember this the next time somebody throws shade on leveraged ETFs because of volatility decay. Buy the index based leveraged ETFs and win. Simple as that. And start buying now. Coronavirus could be as bad as the GFC and if you start buying in now with a little money and buy in more later as the prices drop you will still come out much better in the long run than buying SPY or worse doing nothing at all. I'm buying and I'll be here when this thing is over to brag about my gains. Do not be afraid. We will get through this and this is your opportunity. Join me and get rich.

>>18729717
just buy VOO, BAKA, ITA and SKYY and dont look at it.

ETF's are great for people who don't have time for stocks

>>18729782
S M H

>>18729717
>>18729782
BAKA = S M H lol fucking filters

Holy shit just imagine being a stupid fucking bear LMAO

could anything short of a massive second wave complete with nationwide lockdowns get in the way of the NAIL mission to mars?
thinking about buying more

>>18729674
Poor Southwest, hometown boys taking blows because Chyna

tvix to 150 today

>>18729717
You can setup auto investing. Trying to time the market is a fools game anyway cause there is no set bottom to be had. What one dude thanks is high another thanks is cheap. You can wait, but you risk things only going higher, in which case you only screw yourself outta lost gains. Dollar cost averaging is the best play.

Is there any reason they dont just kill of the fed and everyone else responsible for this clown market?

>>18729816
Why? What are the doing wrong? Central Banks are saving our future! Don't kill them.

3M posted earnings of 2.16$ vs estimated 2.03$ and sales 8.08$ billion vs estimated 7.91$. Grew 20% in healthcare and 4% in consumer goods were the operating income and margin is better. My target is on 163.72 to close that small gap since the market always loves to take these opportunities for this autistic shit.

>>18729816
you're the clown

stonks going down is already priced in
that means stonks will never go down

>>18729825
What future?

>>18729825
hes mad the market doesnt behave the way he thinks it should behave. many fuckers think they can predict the market when in fact, they cant. nothing new.

>>18729843
finally the voice of reason

>>18729838
Winners were obviously people who opened their position yesterday. Shame I couldn't get it up. This was predictable.

>What future?

https://robintrack.net/symbol/USO

Tanker Chads?

>>18729674
What site is that?

>>18729816
>Is there any reason they dont just kill of the fed and everyone else responsible for this clown market?

>>18729843
>F0OL
ID checks out

>>18729838
I've been recommending MMM for a month. Too bad I don't invest in NYSE and the Canadian companies I found that put their name on PPE are privately owned.

>>18729717
we live in interesting times, so volatility is very high right now. Market is usually slower near major holidays and fast moving on days and weeks when earning reports are coming out.

>>18729763
Expense ratio

>>18729816
The only people mad are stupid fucking bears like you that unironically want to see everything crash just so you can make a couple bucks. You’re traitorous fucks who deserve to be lined up and shot

>>18729850
you should have been buying 3M for the last year or so
any time it's under $160
It's a $200 stock

>>18729860
earnings whispers

>>18729897
That comparison takes fees, slippage, volatility decay, and so on into account and SSO still crushes SPY. Even in the current dip you can check on Tradingview at this very moment and SSO is crushing its underlying SPY.

>read article from a /biz/ maganize in my country
>"top analyst says the bottom is in, optimal time for young people to start investing, U-shaped recovery backed by massive stimulus"
>"you might be deep in the red in a few months but think of the profits in a year or three"
Fucking LOL institutionals literally telling zoomers and millenials to buy their bags

>>18729897
just noise

Now that Corona is #Cancelled its probably time to buy bull ETFs

>>18729902
>You’re traitorous fucks who deserve to be lined up and shot
this but directed at boomers

buy $TSLA calls $1000 5/1

getting closer to -0% bros!

>>18729947
Deebly goncerning.
When talking heads and journos say something it’s typically bullshit.

>>18729955
why

>>18729947
Because boomers are already all in. We need fresh money and only clever and smart zoomers.

kek states are re-opening, etc. yet people still hoarding TP and PT like the world's ending.

>>18729902
You don't see the massive economical holes that not crashing and papering over every decade does. Look at how many duopolies there are. Look at how America is little more than the great service sector. How wages have stagnated and how debt has ballooned not only in the consumer segment, but the commercial segment as well.

Did you know post-2012 that revenue and growth has practically plateaued? But the stocks went up. On what basis? Buybacks programs founded on debt. And companies that couldn't afford them were drug up by index attachment. And companies that weren't attached to indexes were simply hoisted on positive influence.

Nobody wants it to be that bad, but frankly it has to be to restructure the economy in a manner that doesn't wholly favor corporations and Wall St. In a manner that favors the 321mm it represents. In a manner where politicians aren't poisoned by pittances. But JPow and D. Pump can throw out $1200 checks and put bread in the hands and circus on the TV and everyone is placated while irresponsible corporations (they're people) are given leeway.

>>18729713
Save the boomer 401k's! Fuck any and all possible negative repercussions of a banana republic economy!
Just let me retire NOW JEROME

>>18729952
I would still stay away from anything travel or boomer related.

>>18729947
Trump also encouraged zoomers to get in the market and invest yesterday, and he said something like "there are a lot of smart new investors investing in the stock market".
It's also a fact that every broker ever is overwhelmed by the influx of new accounts. Additionally, all indicators point to bad news (DIX, GEX, volume, logic and reason, oil, upcoming debt maturity that won't be paid, non-priced-in post-summer losses because everyone's expecting corona to end by june, early july at latest).

>>18729857
>DWT: 49,500
You call that a tanker?

>>18730002
>banana republic
I don't think you're using that phrase correctly

>>18730000
bro you got digits but you posted cringe

>3M - the company withdrew its full-year outlook due to virus-related uncertainties.
>Caterpillar is not providing any full-year 2020 guidance due to uncertainties surrounding the pandemic.
>Merck - cut its 2020 forecast due to coronavirus-related uncertainties.
>PepsiCo is joining those withdrawing its outlook due to pandemic-related uncertainties
>Harley also suspended share repurchases, and cut its quarterly dividend to 2 cents a share from 38 cents a share.
>BP’s latest earnings beat estimates, but profit fell by two thirds and debt levels rose to the highest level in five years.
>HSBC reported lower-than-expected quarterly profit, as the bank earmarked $3 billion for possible bad loans amid the coronavirus outbreak.

We need a bit more help central banks...companies not looking good, end don't even wanna give a 2020 year outlook.

>>18730002
The best way to save boomer 401ks was to let the boomers die.

any more dips or are we going straight to the top?

>>18730021
But boomers own the system?

>>18730016
And yet financials and oil stocks are still crabbing. You morons look at the same meme stocks the "new investors" are looking at like tech stocks.

>>18730028
No breaks

>>18730019
>t.

>>18729947
Are you telling me people aren‘t giving out advice for free money for free?

>>18730030
That's a problem.

>>18729902
>your retirement depends on stock performance
>we will pump stocks so number goes up
>we can pull the rug at any time
>we don't care that the underlying asset has no connection to its price
All these immigrants need to leave. Western hemisphere threads are not comfy nor /smg/

When will $ET moon?

>>18730019
>I don't think you're using that phrase correctly
>bro you got digits but you posted cringe
Go post minions on facebook you old shit

>>18730019
based

Out of all the oil tankers to invest in which ones do you have your eyes on /biz/? TNP is looking mega cheapie

>>18730036
Tech is exactly what's keeping s&p500 up. Oil WILL see a second drop if the index does (the only difference is it will recover faster than the index this time, while tech will stay down longer). Precisely because tech is so ridiculously overbought, it WILL fall. But that's no the only problem. Debt maturity for oil was supposed to happen in early 2021. Obviously they won't be able to pay up now. This will further kill oil when 2021 rolls around and every single oil company defaults.

>>18730020
Bullish as fuck. I expect another 10% up for these great companies!

>>18730036
Financials generally pumped yesterday

Biz This is just some personal advice.

Short AMD is at the highest it’s ever been with a female CEO that will fuck it up.

Get your puts in now for at least 2 months .

is he right???

>>18730019
He posted truth. The stock market is completely detached from reality and no, it did not used to be like this.

It just means that at some point, the reckoning due will be much much worse.

>>18730058
did you google what a "banana republic" is at least

>>18730045
Under normal circumstances, it's to their benefit to do just that. Suppose you're invested in XYZ. If you tell the world "I know a secret! XYZ is mooning soon!" and a bunch of zoomers flock to it, XYZ will, in fact, moon. Then you can collect the profit and do it all over again. The only caveat is that it's mostly illegal to make that statement if you're invested in most remunerated roles.

>>18730019
You're a fag. That anon is right.

>>18730070
Yeah I hope so, a lot of these great companies are part of boomer portfolios. Who could imagine the impact it would have on their 401ks. Very scarry and I am bit worried.

Southwest posting earning today

Will there be blood? Or will there be green?

>>18730073
>Short AMD is at the highest it’s ever been with a female CEO that will fuck it up.
Anon, this time it really is different

>>18730073
Su is an exception to the rule anon.

>>18730078
It will be literally over when financials go to ATH and oil recovers. I bet a lot of people will not want to take cruises and travel will be restricted.

>>18730093
It'll be green because nothing matters kek

I told you to buy yesterday before close

Any Tvix bros?

>>18730073
Su hasn't proven to be a liability yet. I don't trust her either, but for now I think it's fine. Really my greatest concern isn't from a pure business perspective, I just think she'd be fully open to putting hardware backdoors in AMD hardware for money. Should this happen and be revealed, then AMD will tank. But it's something we'll all see coming, especially if you browse /g/, so it should be fine.

>>18730093
Literally short of bankruptcy
So a 10% green day

>>18730117
fuck off i bought mmm at 130

>>18730002
>negative repercussions
There are none.

>>18730117
I have told my friend to bet 200$ on red yesterday, and imagine what happend. RED CAME. He doubled his investment in a few seconds.

>>18730065
Already have 6000 shares of DHT

>msm is reporting that tanker companies are about to moon because of the oil glut

Is it finally time to cash out?

how are your oil shorts going on?

>>18730085
banana republic: (n) a shithole full of mutts that can't survive without influx of foreign capital OR forces itself to survive TEMPORARILY through wildly unstable monetary policy and ultimately collapses.
but yes let's continue to play the semantics game, at least line go up 1%

i can't believe the overnight has finally done something other than fuck me right in the ass

>>18730119
>fully open to putting hardware backdoors in AMD hardware for money.
How long do you think until this happens anon?

>tfw fucked on oil
ah well
shit

>>18730143
Nah the run is only half over, wait a week

>>18730093
Green. I'm not sure if it would matter if the company went bankrupt.
BRRRRRRRRRRRRRRRRRRRRRRRRR

WHAT THE HELL IS HAPPENING

Are we back to eternal bull?

>>18730118
whats happening?

>Oil-producer group Opec and its allies such as Russia are due to start cutting about 10 per cent of global supplies from early May — though that may be accelerated — but the size of the demand drop at the peak of lockdowns and travel restrictions is closer to 30 per cent of the normally 100m-barrel-a-day global market.

What happens to oil stocks and tank stocks on May 1st?

>>18730028
Probably around 3100,
S&P 4000 this summer

>SIX
OOOOOOOOOOOOOOOOOOOOOOO

Imagine for one minute being a retarded Bobo this month. Literally missing the exact bottom. A once in a decade opportunity lost like tears in the rain

>>18729955
can anybody give a reasoning for this?

>>18730157
I think one of the following situation must happen for this to become a real possibility:
- AMD is the uncontested king (reason: board of director needs constant growth, but there's not many other ways to generate artificial growth in this scenario)
- AMD flies and then starts freefalling (reason: as above but especially trying to stabilize and compete with intel, which DOES put backdoors in their CPUs).
Problem with duopolies is that eventually, they're just a monopoly operated by two partners painting their same product a different color each.

>>18730170
Storage still full, demand still non existing.

Hate to break it to you but market is going down on open

>>18730073
Lol

>>18730169
Tvix bros are confirmed faggots using their allowance monies.


Mommy is going to be upset.

>>18730168
STOCKS
ONLY
GO
UP

Why is this fuck Joe on CNBC so fucking bad at being a reporter. It is like a dementia patient every day.

>>18730065
Its only slightly cheaper than it was pre dump. It was been bleeding value for years.

>>18730119
Mommy Su would never do such a thing, Intel kike.

>>18730181
And then proceeding to load up on short positions

>>18730209
She's chinese, she'd do it for free to be honest.

>>18730194
indeed, i can tell because NET is green in premarket, and NET is the most reliable Inverse stock available

should've loaded up when I told you lmao

Why would it be a bad idea to buy TQQQ and to hold it with stop losses in case of a dip. I know leveraged etfs try to match daily not long term but looking at a 3x leverage 5 year graph it’s still at least double.

>>18730147
Good. I opened my short at $18. Sitting happily on it for another two weeks.

>>18729645
What stocks should I get that allow me to liquidate easily and fastly with a small profit in a few weeks/months? We all know another dip is coming and I want to get out before that.

>>18730119
They already have them, they're just not as well publicized as Intel's ME. It's called PSP (Platform Security Processor).

>>18730073
>female CEO
Actual engineer not a dipshit. She's fine.

>>18730194
Based on what? Big banks released shit earnings, so anything better than that will pump it.

>>18730214
Yep. Loading up on shorts boosted up by photoshop wizards on wallstreetbets. Bobos literally putting their financial future in the hands of a bunch of plebbit jerkoffs

>What could possible go wrong after reopening?
Any guess?

>>18730203
if the market does well, my main portfolio does well, if it crashes hard I'll recover some losses. crabs are my enemy.

stevey munch on CNBC to defend his PP(p)

>>18729846
No nigga.
The market doesnt work on any form of real world logic.
It's a joke.

amd cant break 57 in PM anymore....

>>18730237
I know about PSP, and I know it can theoretically be used for passthrough backdoor access, but as far as I know there hasn't been a proof of concept yet. There are other ways to backdoor a CPU, see the recent (((exploits))) on the intel side.

>>18730249
Some old people die. Hospitals struggle to cope with a bunch of decrepit old geezers.
Life goes on.

>>18730186
Thanks anon.

>>18729872
xd
>>18730279
>Life goes on.
are you sure?

i'm so fucked, can't even look at the screener anymore.

>>18730230
it isn't, don't listen to retards here about leveraged ETF's, everything they parrot is at least 10 years disproved

>>18730177
Ikr I bought 100 shares of SIX at 9.50

>>18730290
poor bobo

Sarah Eisen isn't looking great this morning bros

>>18730073
>a female CEO that will fuck it up
She won't. Her sibling is a high up at NVDA. Asian family dinners are like a bloodbath on who is the better doctor or whatever the fuck. She's got a personal stake in this and won't go full woman because of it. Women are powerful when they are trying to be vindictive.

>it doesn't stop going up
did I really miss the bottom? someone hold my hand

>>18730240
You go to engineering school with these actual female engineers bro?

Tell me why you're not buying calls on the SPX when vol is so low.

>>18730073
Lisa Su isn't a boardroom bimbo, but the notion that we're going to see the 500% revenue growth required to make the current PE (100) a reasonable 20 anytime within the next two decades is laughable. AMD caught the low-hanging fruit with Su's marketing, they made themselves some gamer fanboys with a nice brand, that was explosive growth, but each successive % market share becomes harder and harder to get, especially when dealing with a literal behemoth such as Intel that can smack them to the side on several fronts. Can they possibly steal what is essentially half of Intel's revenue without bringing anything extraordinarily revolutionary to the table? I don't think so. Marketing only goes so far, Intel has more capital, it will smack them to the side at the end of the day.

There is a place for AMD but it is as a mere complimentary offering, not a serious competitor, to Intel.

How fucked am I on these options?

>>18730153
if the US is a banana republic, the rest of the world is full zimbabwe tier

>>18730320
you can still get in fren

>>18730106
>I bet a lot of people will not want to take cruises and travel will be restricted
I disagree. Thousands of people under lockdown martial law orders in California drove to whatever beaches were still open over the weekend. If people are willing to travel and enjoy themselves under a literal lockdown, they'll travel when it's open. The travel industry isn't going to be able to price gouge as much as they did before. Besides, what else are people going to do with their money? Pay debts? Save? Invest? That would be stupid.

>>18730288
My local and nearby state hospitals are basically empty as we have no COVID patients and elective surgery hasn't started back up yet.
Source: family nurses

>>18730336
They are now our paypigs.

>>18730153
post a pic of outside your window

>>18730341
kek. thats the spirit, always shit on normies.

>>18730188
>Storage full
>Local refinery shutdown because of oil situation
>Gas still well above $2:30 in California
God I hate this fucking state.

>>18730344
what I meant was picrel
despite 75% death rate they were not closing econ so why doesnt life just go on?

Anyone care to opine on AMD's fate today? Should I close my call position before eod or gamble on earnings?

>>18729911
This don't listen to them. A few weeks before the crash they had someone from the NFL on squak box calling in and he said the same shit basically that the 3x bullish ETF that squak told him not to buy was up some absurd 4 digit percentage. Once I feel comfy that the bottom is in I'm going long.

>>18730230
>Why would it be a bad idea to buy TQQQ and to hold it with stop losses in case of a dip. I know leveraged etfs try to match daily not long term but looking at a 3x leverage 5 year graph it’s still at least double.
It's far beyond double and the longer you carry it out the further the leveraged ETF outperforms the underlying. We're still in the Coronavirus dip which is the optimal time to go in on one of the types of products. Because of the daily rebalancing, as the market continues to rise the 3x ETF will exponentially outperform its underlying. Sure, put a stop in on the chance the trend goes back down but don't listen to idiots on here that have no appetite for risk and are better suited for bogleheads forums. Seize the moment

>>18730243
All my losses of the past months have been recovered due to steady DBPG buying. Thanks anon.

>>18730366
That gas was likely produced before the price crash. Even so, gas prices always drop more slowly as there is money to be made on the spread.

>>18730336
>the rest of the world is full zimbabwe tier
you don't say

>>18730235
NAT will give u 20% by Friday

>>18730390
Hell yeah my dude. Congratulations!

>>18730395
based picture. allahu akbar fren

God damn. I'm pissed I sold my Kohl's and American Eagle yesterday for a measly 5% gain

>>18730382
If AMD earnings are okay or beat expectations, the stock will stay where it is. If AMD posts a negative surprise it'll lose half its value.

Is it too late for tankers?

>PEP earnings are up
Thought it was gonna go the way KO did. Guess it's good I was too chickenshit to commit to puts then.

>UPS earnings not as high as expected
Now this surprised me, i assumed that all the social distancing meant an uptick in shipping, but apparently not by enough.

>LYV
NOOOOOOOO ITS SUPPOSED TO GO DOOWWWWNNNNN. But I guess Saudi money is just to good. Feels like if I start buying in now reality will suddenly shift back to normality and it'll plummet.

>>18730408
thanks to elizabeth warren i had to hold on to mine
feels... awkward

>>18729645
how that HOG short working out for you guys. ahahahah

>>18730427
No FRO?

Im so tempted to sell some nice ITM AMD calls because of the high vola.
They cant fuck up that badly, right?

>>18730427
Probably not, but I'm writing puts on the fuckers

why don't sara eisen's eyebrows ever move

>>18730365
I'm not at all in favor of the lockdown but this isn't /pol/. I support them. Anyway, if you haven't left your house go leave the house and normie watch. It's valuable knowledge.

>The year is 2028. I stop to put fuel into my new tesla (now owned by GM). The clerk comes up to me, hands me a wad of cash and sucks me off while gasoline is filling up in my tank.

>>18730427
no but the downside risk is a lot higher

>>18730427
I've made some money on TNP, planning on getting into NAT later today after I close my AMD call at a loss (most likely).

>>18730391
Nah that isn't why. It's dropped stupid low in other states. The tax on gas in California is ridiculously high.

Bros, we didn't form a second top. Are we really going to the moon? We might be propping up a ton of zombie corps but that won't matter for the next two weeks. What do I buy?

>>18730095
>>18730119
>>18730240
>>18730318
>>18730330
the real work that saved AMD was done by jim keller and he's at INTC now

i give AMD another 2 years MAX of coasting on jim's work before the company goes to shit

>>18730315
STFU YOU BULL ASSHOLE I'M GOING TO BE LAUGHING IN A MONTH WHEN MY PUTS PRINTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT
AHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>18730450
Why though? Puts would be a better strategy after the contango dies down in Q3/Q4.

>>18730469
>hands me a wad of cash
Why would you take these paper napkins with some old guys on it?

>another day
>another trade

i really gotta automate this day trading shit but im lazy. TA works but holy fuck is it boring, trading is really mostly just waiting. buy or short a stock based on signals, enter at the moving average, set your limits for risk and scale out point, then if you hit your scale out point set up the customized trailing stop. im just a robot making money, i really need to just make a robot that makes me money so i can play vidya instead.

anyone automate their trading at all? any advice?

>>18730427
As I said in the last thread. Judging by the dozen or so tankers floating around in the Bay here, I'd say anyone in the business of storing oil is going to have a busy year.

would you hold? this is AMD

Thoughts on $ET?

>>18729617
Following up from the last thread, here's the past week's chart for SPX futures. Blue = open, yellow = close. While Friday and Monday were able to at least see +0.7% during market hours, the largest gains were made pre-market, including today so far. It's a little hard to see due to the markers, but every day except for Friday saw a drop going into the close, and our regular drop on open. That last part is most disconcerting given the volume that we see in the last 10 minutes and the decreasing daily volume we've seen the last two weeks. Same with the morning dumps. Memes aside, is there anything to read into here? The last three days saw, decent upside, but the regular EOD dumps and initial drop to -0.5% in futures seems cyclical at this point, and the same with the jump in futures around midnight. Retarded question, but which movement (pre-market or during market hours) is actually more reflective of market sentiment right now?

>RTX is almost at $67

Is it time to cash out and then buy back when it dips?

>>18730511
I wouldn't buy it.

>>18730511
Earnings in the after-market. You stand to lose a lot. I would sell, simply because I think the downside risk is greater than the upside gain on a stock that is already at 100 PE.

The moment bad news comes out everyone will bail.

perma bears are seething today haha they will cover and push us higher

>>18730011
But I just made some money on CCL. I thought I did a good job.

>>18730454
she's so cute when she's tired

>>18730537
>perma bears
who?

>>18730216
Taiwanese.

>>18730485
Jim Keller is the GOAT silicon shit wrecker, but he wasn't the main designer of Ryzen. He was brought on in a consulting capacity. Intel grabbed him with money just to get him away from AMD, but he wasn't their secret weapon and I can guarantee he's not being given run of the place at Intel.
That said, AMD is currently massively over valued, like all other tech stocks. Not that it really matters in the clown world though.

watching bears cope with missing the bottom is so satisfying.

what're you gonna do now, chase it at 2900? Nah you'll just sit there with your dick in your hand waiting for the pullback that never comes. Enjoy!

What would we a better investment right now, crypto or stocks? I don't mind waiting, but I've only got a low amount to trade with($1200 usd). I was thinking of going 75crypto/25stocks.

>>18730521
Technicals, charts, earnings, GDP, employment, CPI, consumer confidence, and everything else is completely meaningless in JPow Town.
It will go up. It will always go up. That's all you need to know.

>>18730511
I'd be afraid anybody that knows how to value a company is just riding it out. Expectations are revenue growth from last Q, but PE is insane and they really have a lot of moat to traverse before they're actually competing with INTC. Having said that, they very obviously won the current popularity contest.

>>18730501
To clean up the cum.

>>18730537
Any perma bears left? I don't think so.

>>18730557
It is kinda funny to watch all the circle jerking by bulls.

Bears and bulls, all are fags and are deluded by their emotions and thinking patterns.

>>18730549
Is it possible for it to go bankrupt? I guess I wouldn't buy to hold but what do I know.

>>18730142
You're going to make, what? Thirty or forty grand? That's awesome, fren.

>>18730489
Your eye is twitching. Maybe you should lie down

Dubs and AMD crashes Wed.

BUY USO
because of the reverse split, many normies will fomo into it thinking its mooning
make sure to dump it asap

>>18730593
pretty sure i heard they were just given bailout money

>>18730569
>always go up
Financials and oil stocks are crabbing. If JPow is doing anything then he's creating a tech bubble.

Boeing bros, is today finally the day we run back to 140?

>>18730609
I see.

>>18730593
CCL has Saudi money now, they'll be just fine.

Anyone shorting banks over the next 3 months?

>>18730611
I live in seattle and I have tech recruiters calling me every day. it is business as usual for the tech sector desu

>>18730604
or be ballsy and just short

i missed the bottom and am now left to baghold useless cash

i want to kill myself

SNAP will drop, right guys? right???

>>18730569
Yeah, yeah, I get that. I still feel safer in cash regardless of J. Powel's BRRR. That said, it seems unusual that futures are what's providing us with the upside of the last week, whereas market movement during regular hours has been more mixed, particularly on the open and close.

>>18730630
Wasn't there some anon who made a thread about shorting COF due to their oil and risky credit exposure?

>>18730630
why? PPP is a 11% loan issued by the banks lmao they will get so much revenue from this shit.

amazon still a good boomer buy?

>>18730658
Yeah that's why I am asking. I don't know enough about stonks to have an opinion.

>>18730206

>>18730613
Well I‘m up 4% on my cheap airbus from yesterday. Kind of afraid of earnings though. Not sure if shitty earnings are priced in.

>>18729645
thx to the anon that shilled ET

>>18730000
t. Retarded doomer

>>18730663
A bit undervalued right now, still a possible to get another 20% profit from it.

>>18730656
The best time to invest is last week. The second best time to invest is right now.

>>18730611
that's already a 28% gain in under 2 months. The looming bankruptcies and defaults should terrify you.

>>18730691
>should terrify you.
You sound like a rational person.

>>18730656
buddy the DOW will hit 100k in our lifetime (if you aren't an old fuck), literally all you have to do is buy shit

>>18730496
Because most of them are too high right now and they tend to move violently up and down (with an upward bias). I expect to be able to get some cheaper shares this way, all the while collecting the sweet, sweet premium. Maybe buying a far-off call just in case, plus selling puts.

>AMC

Im up 2 grand in total on all of my positions combined. Is it time for me to cash out on my positive positions with a profit and play my lost positions with 0 risk? Or just hold steady?

>>18729645
/biz/ promised me bobo, i see no bobo. is the happening over?

>>18730555
>He was brought on in a consulting capacity
Even if he wasn't the chief architect, having him in a consultant capacity provided a big boost to the design team.

E.g.:
>should we do this Jim?
>nah it's a fucking retarded idea

>I can guarantee he's not being given run of the place at Intel
What makes you think that?

>>18729704
Not gonna happen

Are you ready for another low volume day where algos keep it at +1% until EoD when they pump to 1.5%?
Zzzzzzzzzzzzzz..................

>>18730458
i agree. like walking around the mall and watch out for stores that are always full and shit. i am fond of this.

>some retard at my work literally thinks 1/15 people who get coronavirus will die

>>18729872

>>18730720
bobo shitposting are just niggers that missed the bottom and are praying for another opportunity to be bulls

>>18730731
Does he post here?

>>18730485
The real reason AMD is up is because of the continuous INTC fiascos. Not only is AMD not going down in the next iteration of INTC because anyway, INTC can't get their 7nm in order, INTC will not recover for at least one generation after the upcoming one and that's assuming they stop with the backdoors.

>>18730719
This is a crab market. I'm up on all my positions and am thinking about cashing out so I can reenter on the dip.

>>18730598
Already did, about $14k is from DHT. This is in addition to another $9.6k in realized gains.

My stocks are pretty high now. Getting nervous and am considering selling. This is not stable whatsoever 2018 and now. Huge sudden drops and sudden recoveries. They wouldnt be dropping so hard if they werent so overvalued right?

>>18730682
See you in 3 decades when you're crying about how the market is bottoming out as you're trying to retire, but the monopoly entity you work for deliberately pulls the rug every ten years to fudge their spreadsheets to keep the next generation in line and totally subservient. Fucking filthy neo-serf retard.

can you not buy options pre-market?
i've got a $19 NAIL call 6/19 buy that's just sitting there

>>18730656
We still have plenty more gains between here and where we were before this shit went down. Start buying. If it dips keep buying. If it keeps going up keep buying. Simple as that

>>18730727
And then a 0.5% organic sell of by insitutions and big boys. :)

>>18730706
C, JPM, WF, and BAC should all do really well, don't get me wrong, but if you sincerely think that we're more likely to see another 20% up before a 20% down, i think you're out of your mind.

>>18730720
You fell for it and missed out on sizeable gainz

>>18730727
another one? The last 2 market days have been yuge

>>18730740
Most of the market is still undervalued compared to what it was pre-lockdown. Now that lockdowns are lifting the sky is the limit.

>>18730720
Until something really bad happens yes we are only going up or crab at worst.

>>18730763
nah, didn't miss a thing, was broke af when the market crashed, and when i got my salary i got into a penny shitstock and i am seeing nice gains.

>>18730760
Oh look it's the retarded cat poster. Fuck off.
>if you sincerely think that we're more likely to see another 20% up before a 20% down, i think you're out of your mind.
I have no idea which way it will go and I'm not betting either way. I have 0 stake in American banks.

DID YOU LISTEN? IT'S NOT TOO LATE

>>18730760
either way these banks r too big to fail don't be a dummy and think it won't go back up even after a collapse. also, Santander is a gibbs. for a poor man who wants to be rich

>>18730766
February everything was 15-20% overvalued.

FSTA...my safety net in my IRA has just made a moonshot. What. The. Fuck.

>>18730766
until the next spike in cases start

>>18730781
wrong

>>18730740
set stop losses

>RTX is trading at $67

Yeah, this is getting retarded. I'm thinking it's time to cash out.

>>18730760
Why go down 20% only to go up 20% later? Just hold.

Man FUCK whoever told me to stop shilling MGM... They're fucking mooning and I sold half of my shares with them.

>>18730783
They'll never resume the lockdowns after they're lifted.

>>18730783
not gonna happen
this has always been bullshit
it's never been super AIDS
it's always been nothing more than a reason to shut everything down

>>18730776
nice basedwojak

>>18730528
there’s no timing this market, just buy and hold

>>18730809
based on what?

>>18730764
Most of the past week have been gains made in pre-market/futures. Market hours have been relatively mixed, with opening and EOD drops everyday except Friday.

Cramer is losing it....

>>18730799
get ready for an RTX PUMP lads

>>18730766
Like... Everything was overpriced, and everything is still overpriced. True price discovery was something like -48% from top, but we couldn't let that happen or nobody would touch the market until it was fundamentally restructured and we've got the boomers to retire so that's a big fuckin' no-no.

>implied open +425

Is this a fucking joke? Is the fed straight up buying equity now?

>>18730817
Is he having Bear Sterns flashbacks again?

>>18730827
>now

>>18730781
How can something be overvalued back then and not now? Makes no sense. NOTHING can be overvalued in a free market.

>>18730815
i meant to write sØywojak

>mfw all of my best girls are up >3% premarket

>>18730827

sp 3000 today 3200 tomorrow screen cap this

>>18730783
No, people need to take responsibility for their own health. Acting like you weren’t at risk of death every time you went outside before covid-19 appeared is stupid.

>>18730730
Yup. I've done plenty of good trades just off this. After I nutted all over a dumb thot's pants, she yelled at me that it was expensive LuluLemon. Went to the store the next day and saw the chaos. That was a few years ago and I bought.

>>18730817
i just watch for his stupid rants about his crap restaurant now. after his morning boomer-meds kick in, he becomes pro market rally and pro trump again

Why does my ass tingle like its about to be defiled by a melanin enriched gentleman?

My positions seem fine, why the fuck do I have this feeling?

VIX on the launch pad

>>18730716
How the fuck

>>18730857
whats the future of berkshire hathaway when hes RIP

good morning /biz/. what stonk is mooning today? i have 200 dollars to buy some with!

I assume there will be basically zero volume as the algos push the price up. At what point will confidence return and normie money flow in? I assume when Amazon's shitty earnings are released the market will moon. Bad news is bullish.

>>18730858
But why? Half those companies will declare bankruptcy

>>18730753
Will you ever stop buying?

>>18730875

NEW

>>18730875


>>18730875

>>18730827
They've been tapering their QE since their big initial push at the start, truly speaking. This past week was the lowest so far.

I have puts on banks, pretty far out tho. We all know everything is overvalued however that's the point. The market is not main Street so disconnect the two. Short financials tied to oil and those with debt. However, don't risk it all. The hope is you get a headline of a 2nd wave.
Basically I'm playing the market as if it will go up forever with puts in financials to protect my ass if we do drop

>>18730878
Go with Amazon or Tesla. Undervalued stocks and basically infinite room to growth.

>>18730865
lmao nice

>>18730401
I am either going to trim my NAT stack or sell some covered calls later. It's been a while since I scored this big and don't want to fuck it up. I agree though that it should keep running.

>>18730395

Honestly Shariah would be an improvement over the current situation.

>>18730869
Do you own Tesla?

>>18730854
>NOTHING can be overvalued in a free market

>>18730776
why do you almost exclusively post banks then?

>>18730780
I'll look into Santander a bit. I'm picking the banks I know to be very cash heavy and unpopular (in the eyes of wall st.). COF having that shit with the CFTC is a definite warning about needed to vet the shit out of banks.

>>18730801
>stocks keep going up
we might see a Nikkei situation. We could also only post gains due to inflation. I'd rather just sit in gold or gold miners if this continues too much longer. There's a long term bullishness to the financial sector at the moment, but I have a strong feeling people are going to freak out over defaulted loans and the housing market. Right now is an ok buy, but I'm pretty sure Buffet-sama would be mildly displeased with me.

>>18730827
>now
they haven't been doing it directly but they've been taking thelong way round to accomplish exactly the same thing since Corona-Chan nuked djia into 18k

>>18730593
They got sandnigger money from the Saudis, plus it came out that Jerome meddled with something that allowed them to raise $6 billion in bonds.
I sold way too early, but for me I like to take modest gains and move on. I'm trying to build my play money into something a little bigger.

>>18730344
I live in New York and next week they are starting up elective surgery.

>>18730908
based red line cracking through bulltard skulls

>>18730749
Only if it can be filled through your broker
The market itself isn't open, but brokers can buy and sell from their own customers

>>18730920
>>why do you almost exclusively post banks then?
It's a counterexample to the bullshit spewed here. If there is a bubble, it's a tech bubble.

>>18730318
Oh shit, bitch is gonna murder them

>>18730388
>>18730303
Thank you

>>18730854
Technically this is true if there is no government intervention directly involved with the purchase or sale of the item

>>18730976
ok so do values only update once market opens then?

>>18730731
He's probably one of these panicking faggots I see at Kroger, scurrying up and down the aisles, struggling to find the so y products through his faggot mask. You should fuck his girlfriend.
AMC today, goddamn.

>>18730854
It's not a free market though

>>18730981
do you think that bubble pops? Even Buffet of all people said that P/E is an old meme and the future of the companies is too damn bright. I don't follow him too much, but the fact that King Boomer said this makes me worried that it's not exactly a bubble. I'm completely out of the tech sphere because I have always seen it as too expensive or have enough information to know that many of the companies are crumbling from within.

>>18730429
I think PeP is up because of bottled water hoarders

>>18730739
Congratulations. Sincerely. Maybe that's small money for you but I'm a wagie making 50-70k a year.

>>18731047
Yes. The chances of you fulfilling an option order pre or post market is so minute that I always wait for the initial round of orders to be filled then reassess.

We've been up and down every day. Unless you're trying to buy options expiring Friday, you'll be fine

>>18730865
Hahaha nice

>>18730817