/biz/ - Business & Finance

>>18810445
for stocks maybe

>>18810445
yes sell everything

we're still in the same one

>>18810445
Ye

>>18810445
Fucking hope so

>>18810445
There's no reason it should be going up in the first place.
FEDS desperately trying to pump it.

>>18810474
Are you retarded? Crypto market will follow as well in such case.

>>18810515
Shhh

>>18810445
Yes. Tomorrow will be fun. I'm getting drunk as fuck while watching the world burn. Good luck to you all tho, hope you will make it bros

>>18810484
>>18810490
Are you fucking with me or have you already sold your shit?

>>18810560
Saturday tomorrow bud the world can’t burn on a weekend. Unfortunately

>>18810567
I sold half of my energy and oil stocks yesterday, seems like it was just in time

>>18810445
Likely, I just read a news article mentioning the buffet some or other, a measure warren buffett uses to gauge the stock market. You take the quarterly gdp of the country and divide it by the total market cap of the stock market, or the other way around, I can't remember.
Apparently it's at its highest levels ever indicating the stock market is overvauled. It was also high just before the dot com crash and the 2008 financial crisis.

It's probably why warren buffett is sitting on his ass with $130 billion and not buying anything yet, he knows it's going to crash further. I don't care if it crashes I just hope it doesn't take the crypto market with it.

>>18810731
>I just hope it doesn't take the crypto market with it.

It will. There's a reason Buffett doesn't give a shit about crypto, it's just an electronic form of fiat. It's worthless. Nobody is going to buy your Internet playmoney when they can barely afford to eat and it won't even be accessible if the electricity turns off.

>>18810594
>>18810731
>>18810785
When do you think it will happen?

entered the stock market about a month ago. 60% of my savings is in stocks now. other 40% cash. im looking for long term gainz.

i basically broke even after today. should i sell monday and re-enter or just buy more on the next big dip?

>>18810445
https://www.theguardian.com/business/2020/may/01/global-markets-donald-trump-us-china-trade-war-coronavirus-covid-19

yeah

>>18810445
Fuck I hope so. Let's get this shorts party started (finally).

>>18810445
I hope so, the past 2 days I've lost all my gambling money and I want them back

>>18810445
:) yup, I’m so glad i get to do a hard reset when they drop

>>18810484
This is the move dump it all and buy land

>>18810864
I need to find me a pimp cat like that

>>18810864
is this real??? how does he do that!?

Fuck it. I just sold half of my stack.

>>18810832
Who knows. All I can tell you is that one of my best long term divvy holds, Dominion Energy, is down almost 7% after hours and I’m not exactly sure why.

>>18810864
holy shit is that real?

>>18810513
>FEDS desperately trying to pump it
betting against the fed and their infinite money

>>18811681
What about your cryptocurrency?

>>18811681
zero point energy disclosure which will take down energy corporations and do the exact opposite for BTC.

>>18810474

>>18810864
Whoa is this real?

>>18811381
I can sell you one, but it’s not cheap.

>>18810864
HAHA IS THIS REAL XD AM I LE DOIN IT RIGHT?

>>18810560

>>18810864
wtf

>>18810445
Probably a small one. The market is gonna be acting like a drunken sailor on a binge for a while.

but it's not gonna be "OMG HAPPENING THE END TIMES ARE HERE" that the autists and poos are chimping out over.

>>18810445
no

>>18810731
That nigga sold DAL around the current bottom. Would like to hear his reasoning

>>18810445
515 shares into SPXS at 10.93, I certainly hope so.

>>18810864
This can't be real right?

>>18810445
Yes, you should buy as it falls.
People like to think the us economy is overpropped, posting pictures of foreign cities. They never post the towns supporting these cities though. The microeconomies supporting us cities are much more robust than foreign cities. You look at those foreign towns and it's literally a group of retards playing with sticks in the mud. Ever wonder why us cities have less population, same in europe? The people are also in towns, supporting the financial centers. They don't just mash everyone into a squalor filled shithole with donor built skylines and scream 'we wuz superpowerz nao' at the top of their lungs.

>>18810445
The real dump comes this month, look at charts of the last 3 depressions.

>>18810445

Not if the printer keeps going brrrr.

>>18810515

If the printer does go brrrr, crypto will go up, not down.

>>18810513
They did it in a really stupid way too, it’d make so much more sense to pump it from the bottom.

Unless what they were really trying to do is make a window of opportunity for some big players to get a net short position.

>>18814375
In that case say hello to a new bottom every 2 weeks for at least a year.

>>18810489

>>18814409
this is my rarest bobo

>>18810594
I sold Qep at 88 cents. I bought 300 shares at 56 cents ;). I also dumped Schlumberger and haliburton

>>18814372
I was hoping it went brrr this week so my calls go up
Fuck it going puts next week

>>18814348
Sell in may, go away. I know you anons are goodgoys. Sell everything as soon as you can (gold, crypto, stocks), just stay in dollars don’t even try to time this. DCA into gold miners just when it looks like it’s bottomed out don’t buy GLD there’s no way they have enough physical gold to back their paper, the climb from the bottom will be fueled almost entirely by the fed and the doomer boomers like buffet and it’ll create absurd inflation. Buy a couple of guns, don’t bother with physical metals, just buy a couple of grand of the fake stuff from China, it might be as good as the real one if shit goes really bad. Try to bail to another country if you can, war with China will surely follow. Don’t go south, Mexico will be even worse.

>>18814489
Sell gold?

Give me 2 (two) good reasons not to short everything for the next month.

>>18814513
There’ll be a huge demand for dollars, and gold will go back a few weeks in price.

>>18814489
BTC will probably be a great asset AFTER the collapse, during the dump every single asset will fall to the almighty dollar.
You might want to hedge with yuans just to be Jews about it.

>>18814375
They did it this way so they could buy fucking everything and have you call them daddy. The country, if not the world, completely belongs to the Fed now. The buyer, lender, and owner of last resort

>>18810445
Who says the last one is over?

>>18810851
Based Cheat-o, we are owning China!

>>18810474
It’s like you don’t remember crypto was on its way to zero and they had to unplug bitmex lol good times

>>18814558
what if they turn the 5g off and unplug the router

>>18815123
Blockchain will survive everything short of a planet sized EMP. In that case scenario I wouldn’t bet on humankind continued survival anyways.

>>18815223
Actually it might survive even that if we’re smart about faraday cages.

I sold all of my stocks this week.

Going to sit in Cash for a while. I think we retest lows before August.

>>18810445
what? Are you retarded. Of course not, V-shaped recovery. Don't fight the FED

>>18810560
monday

>>18810864
Did they really teach their cat how to dance?

>>18812812
I bought DAL at $25
Am I fucked?

>>18815290
Fed is bluffing, it makes no sense to pump prices near ATH. Just like defaulting on Chinese treasuries we can’t actually follow through with it.
It’s just trash talk.

the amount of autistic retardation in this thread is honestly the reason why you should almost always short /biz

>>18815390
The irony of this post

>>18815442
you clearly missed the irony in my previous 2 posts.

>>18815390
I dunno man, gotten some pretty sweet picks thanks to /smg/.

>>18811759

>>18814526
Printing trillions of funny money is better to own than an inflation currency. /Biz 101

>>18810513
The fed stopped pumping this week.
Next week will be red.

>>18815548
It felt so weird to wake up to red futures

>>18810731
Market cap to gdp. It was 150 % before the crash. Its now at 130%. Next quarter, the gdp is expected to tank by like 30% making this metric shoot up to about 200%. The ratio is suppose to be around 60-90% in a healthy market. What this means is everything is overvalued, and people are dumping their money into junk stock that won't return a profit in the long run. The only smart positions are all short positions, meaning everyone is just waiting to sell. When it crashes again, it will fall fast and hard. It still has a long way to go down. We are not at the bottom. The Fed stopped pumping this week, and that was the only reason the market pumped last month. Next week will be red.

>>18810832
Yesterday

>>18810474
stock fall = crypto falls

>>18810445
I bought Shell and XOM today, they already trading at low levels and are one the strongest and stable companies in their respective economies. XOM didn't even break below 60 during the 2008 crash. How low can they still go from another crash?

>>18810445
Yes. Start buying mortgage notes from local banks for 20% on the dollar. All you do is evict the tenant, and then sell the house. Or flip the note to local investors for a 2X. Banks won't even have the manpower to clean up their balance sheets so they will have a fire sale on these notes.

Guaranteed money if you are patient/find people to flip your notes to. These will be mortgages that haven't been paid in months but you basically own the deed on the house.

>>18810445
>>18810445
if this >>18814968 true. than yes big crash is coming

>>18810785
RETARD ALERT

>>18814558
Gov't bans Bitcoin.

>>18810785

Gold also crashes with the stock market. So what is the safe haven? Dollars? Was Harry Dent right?

/biz/ says its gonna crash so im longing

>>18815782
How do I approach a bank to ask for Mortgage notes?

>>18817324
yea. look at 2008/2009. second wave of USD moon might come soon. but if you 're already in dollars you have to margin trade them against something else to really get the gains.
that's the play arthur hayes and that raoul pal guy are making too... they seem pretty bright

>>18810864
Is this real?

>>18810445
That or hyperinflation.

I think that eventually the Fed will turn. They will pull out. They will let the system die, completely. In the following week or two afterwards, they will roll out the new world. Everyone with a birth certificate and social security number will register an account directly with the Fed. You will receive an instantaneous airdrop of Fedcoins. Also, any dollars previously in your third-party bank accounts or in physical possession must be traded for the new money at a ratio of two to one. Although, I doubt any old money that was in your collapsed bank will even be available. Welcome to the New World Order.

>>18814330
Scholarly, sir

>>18810515
i do not believe crypto will follow like it did in march. it will be more resilient

>>18815782
>>18817357
Me 2 plz
Today I had to feed the children AC for dinner.

>>18817743
Source: my ass

>>18810731
Mathlet detected
>Apparently it's at its highest levels ever indicating the stock market is overvauled.
If a high level means overvalued you do market cap / gdp, as this shows the number of years (or quarters here) the country would need to earn the total actual worth of all of its traded companies
>pls nobody call it the buffet some, its just the countrys P/E ffs

>>18815548
Source?

>>18817743

Clueless. Whether or not you guys have strong hands (most of you don't) retail crypto investors are gonna get shaken out of the market again, and this will keep happening until all the weak hands are gotten rid of. BTC can go to 1m one day, but not anytime soon. There's too many boomers alive, and too many speculators.

>>18817324
this.

euro?

>>18810832
when the auto loans and student loans on the fed sheet don't get paid back because of unemployment

>>18810445
Yes

>>18815322
short term? yea, you might even see it halve
long term? nah, you will see a great return, maybe even double

>>18810445
Yes I got distracted this week and failed to sell the top.
Hoped to get rid of Airbus, Exxon, Shell

>>18810445
The country is JUST opening back up and reports about the virus having lower mortality rate than we thought are coming into light.

Why would another crash happen?

>>18817543
That’s when you go all in on XMR

I had 150 oz of silver and a bit of gold but I lost it in a fishing mishap. Think I should buy 50 more oz of silver? I’ve been holding off on crypto because while I see blockchain as being the future of monetary operations in the future, I just don’t see any cryptocurrencies out today that I believe in other than monero to some extent.

i cant think of a reason on why this market should stay constant, or even rise in value. like, its ridiculous, the economy is on halt, the us experiences the biggest total unemployment and the biggest percentage unemployment ever, everyone and their mom is overleveraged in some way, the whole economy runs on consumer debt which wont get paid back now, etc.
we should be at 15k, this is bigger than the past 2 crisis combined

>>18810864
That's a man.

>>18811759
>hurr durr don’t fight da fraudulent reserve
You’re not very smart, are you?

>>18810445
has warren buffet bought the bottom yet?

>>18817344
have you forgotten how ludicrously bullish everyone was when the FED were in full brrr mode? that hasn't gone away, people still think the market will keep artificially going up.

>>18819608
he's got enough money to gamble on that the "bottom" comes later and not regret it when he's wrong.
even himself keeps repeating over and over again in every interview that nobody can predict the market, not even he.
i think he's too old to care that much about making big victories in the market anyway.

>>18815502
>inflation=hyperinflation
>inflation bad

>>18810445
Yes.
>>18810474
Everyone else assumes this poster means crypto. That may be the case, and as others pointed out crypto tracks the market pretty well at this point(which I theorize just shows the algos/jews are already in complete control of crypto defeating its purpose entirely but that's just me) but assuming this post isn't referring to crypto, it is correct. What doesn't track the stock market, and in fact by nature has an inverse movement to the market, are bonds. When bonds crash, money rushes to equities and drives the markets up, when the markets crash money flocks to the safe havens of bonds.

>>18819801
it's just inflation until it's not

>>18819251
Virus is causing a domino effect to happen

1) Consumer Spending down
2) Massive unemployment, which drives spending down further
3) The biggest consumers: Woman & Boomers, are not spending money
4) People are not paying rent or using a forbearance on their mortgage
5) People have too much debt even before this crisis

There will likely be a correction between now and June, but expect a full on crash come October when the virus WILL mutate and possibly become deadlier.

you tell me this shit now after markets FKKKKKKKKKKKKKKKK ME
got 5k in calls well that's gone for sure

>>18810445
Nigga, we're in it.

>>18820364
/biz/ word is never gospel, you could make bank on those calls

>>18810864

This is the most retarded meme in all of 4chan history, please stop responding to that.

>>18817743
>i do not believe crypto will follow like it did in march. it will be more resilient
Then Believe!

Crypto lost all credibility as an alternative currency the moment it went down in March 16th

>>18819787
I really want to suck those toes from the fat one in purple.

>>18810445
Still a bear, but things like Suterusu should 20x before we get out near the top again, and that's all that matters mid term.

>>18820330
This is some truth anon

>>18817743
hi what u use to buy Crypto? wow money, who prints money wow the gov.
big brain

>>18810785
This is why you will never make it
>hurrrr nobody wants your play money cos everything is shit now so it will be like that forever.
How retarded/new are you that you still don’t know that is when we/(((they))) buy? The next cycle WILL come and that is when the normies buy.

>>18817543
based GPT-2

>>18810864
Is this photoshopped

>>18815502
Lay off the antisemitism

>>18810785
> it's just an electronic form of fiat. It's worthless.

you have no qlue what crypto is huh?

desu

>>18810864

>>18821968

gtp-2 was tay all along

25-30 percent retracement likely

musk tweetet my tesla shares into stop-loss this week, sold at 79% profit.
All my other investments have a SL at at least +10%, brent is @+30%. This has been a really good month.

Pretty sure that shit is going to hit the fan this month, I'll re-buy everything in june and sell before the second wave in autumn hits.

>>18811759
>STONKS GO UP!!!

>>18811759
>tfw dec 2018 was the closest to a stock crash

>>18810445

>another

You're in the middle of a market crash. They always move in waves. This is just the "return to normal" phase where normies put up their money so the big guys can dump more.

>>18815767

Shell just reduced its dividends by 70% and stopped all stock buyback programs. It's going down hard. Europe's market is shut down until tuesday.

can someone post the chart with the 1900s crash and 2008 crash next to this crash, or an updated one if possible

>>18815548
I remember reading simething about that. Funny how the moment their manipulation stops reality sets in. I'm hoping for a hard crash like in early March. Their attempt to soften the blow won't have an effect if everyone attempts rushing the exit...again. In fact because they attempted softening the blow there's a possibilty we might actually go lower than if they didn't intervene at all.

>>18815782
Pls tell how to do this >>18817357

>>18814451
nice, i bought MTDR at 2.00 and sold at 7.25 for a nice profit

>>18819806
Then why did bonds and equities crash together this time bojo? You fucking retard know nothing.

>>18820330
This except the virus is almost literally just a flu, bro, but that doesn't matter because everyone still panicked and shut down the economy anyway, and that's what matters. We're fucked

>>18824177
It's not a flu, it's a cold.
There are no vaccine or cure for the cold

>>18810864
HOLY FUCK HOW?!?!?!?!?!

>>18811174
hey anon, why is land a good place to put hard earned cash into. I'm diversifying with some stocks and crypto but I've seen land come up a few times as well. I live in a big city and some of the top developers are buying up land in the midwest for the cheap. just wanted to get your thoughts

>>18810864
it's impossible !

>>18820330
i don't see it. even if true it would make more sense to put your savings in stocks if they are printing money since where is that money going? into stocks, causing them to increase while devaluing money itself.

important to remember that the 1930s depression happened before the USD decoupled from the gold standard. plus we have a digital economy with few physical money + infinite production in digital goods that can just be copied infinite times. this depression, if we enter one, can be very different.

>>18824815
If it were any other time, yes....but this is different.

Federal Reserve has slowed down their QE steadily and particularly this last week. Market correction is inevitable, maybe this week, maybe next week...

Big Daddy Reserve is walking away :(

>>18819763
this, I think we need a few more happenings for the panic to set in again

i don't think it will flash crash again, the market has passed on several opportunities for big selloffs since late feb, my best guess is spx 2500 but we could grind down to that

>>18810864
add me to the screenshot

>>18825329
it's just because it's time to resume business as usual.
artificial shutdown of the economy, artificial depression. it'll pick up again.

>>18810837
Sell it bro

>>18810445
>>18825994
if we do enough date testing, we can see it coming. We need either to get lucky and come across their predictive propaganda and decode it before the event... or just have the man power so there is no need to luckily come across the key MSM reports which say when its coming, in Gematria code

>>18810864
Here's your reply.

>>18819211
May I ask why you don't take advantage of trailing stop limit orders?

>>18819806
Brainlet question: why are bonds a safe haven when the companies issuing them are about to fold?

>>18825631
reopening is already in motion. Now all the good news will be priced out, not that there will be a ton
>bad news never stopped

I hope so, I could use more share count.

>>18817997

The federal reserve says what they are planning to do. Just go to their website. They indicated that they would pump a little over 2 trillion, and if you look at their balance sheet, they have already done that. So, they won't pump anymore until they make another announcement.

You can see that curve is leveling off.

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

>>18812812
DAL is a very small % of his portfolio. Everyone acts like its some huge investment for him, but it really isn't. Buffet dosnt really like airlines all that much. He has said this in the past. He sold to be under a 10% ownership threshold for legal reasons. Now he dosnt need to report what he is doing with the stock until berkshires earnings report.

>>18828167
Black Monday incoming?

>>18810474
The World is burning anon.

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

>>18812812
In the shareholder meeting happening right now, he just reported that they sold all their stake in all the airlines. He's never really liked airlines. This is the second time in his career where he has lost money on airlines.

>>18828643

Nah, the Fed pump was in response to mass capital flight out of EU and EM into the save haven of the dollar, which created the twin joys of a liquidity crunch and massive dollar appreciation. Powell wasn't having a deflationary spiral wreck the world, so he made the money printer go brr to keep the USD stable

That's why the Fed just dumped 2 trillion out the window, but gold isn't $4000/oz

>>18825631
Trump is arguably the niggerest nigger who ever occupied the white house.

>>18829876
True but didn’t Buffett just reveal he was a net seller of stock not a buyer, so...

>>18830000

>>18830000

>>18810445
I hope so, im thinking about increasing my stack again

>>18810864
WTFF How does he do that?

>>18830890
one whip for every time wrong step and it'll learn soon enough

>deleting quads