/biz/ - Business & Finance

Thoughts on $GLAD and $ECC?

getting my covid antibody test tomorrow bros wish me luck

>>18945090
i'm going to need to touch more than your butt for the price of a pizza

>>18945107
Post results.

I got fucked today, biz... and not in a good way...

>>18945090

Stocks are fine. Just keep buying and it will go up.

>>18945111
Toch this!

>>18945122
that's a man.

>>18945099
just no

mmmm pizza slut

>>18945132
I don't know if pizza has gender, anon.

>uber +10% despite missing on everything but revenue

>>18945114
>makes the same post everyday
post portfolio

>>18945120

You’re the basedfag doomer bear. Get fucked and stay broke

>>18945120
show us your puts so we can all laugh at you

>>18945113
I will in 1-3 days
If it's positive I likely infected hundreds of people at two different airports and in my local town :)

>open any ticker not tech or directly part of Zoomdaq, Boeing Jones, or SPY
>still 30% or more from its previous high
This market is so top heavy its ridiculous

>>18945107
Microbix? MBX?

Im invested, curious to know if it made it to you.

>>18945197
Unsure of who made the test, I'm getting it through LabCorp

>>18945138
>>18945140
I’ll have two number 9's; a number 9, large; a number 6 with extra dip; a number 7; two number 45's, one with cheese; and a large soda.

>>18945187
Doing the Lord's work.

>>18945169
here are today's puts

Feels Like Groundhog Day.

>>18945120
>Losing money for the 10th week straight
>>18945240
>Qty 0
Hm?

>>18945242
Quite a fitting comparison. If we start dropping on open, that'll make it the fourth day in a row.

Cramer was right about ROKU

>>18945277
Didnt we pump at open yesterday? If anything we had a slump EoD.
Most gains at the moment are made in the futures because the Plunge Protection Team focuses on them.

>>18945273
i think hes trying to say he sold his puts

>>18945273
i trade. all positions closed by end of day.

>>18945118
Why is she arabspanic?

I feel comfy actually. With KOS, MRO, and EMAN. IM BREAK EVEN THOUGH WE DOWN. Do I'm about to make a shit ton

PUTS ON EVERYTHING TOMORROW

>>18945321
Ah.
I just never saw a broker that would show closed positions in the positions tab desu.

>>18945321
This is what I'm doing, holding in this market is crazy.

>>18945315
Yeah, once I posted that I realized I should have clarified. We pumped slightly, then dropped, had another large pump, and then ground out our way to a close below the open in the end. What I meant was if we start dropping on open, and then continue to close lower than the open at the end of the day. It's funny looking at the daily candle being red, but still higher for three straight days.

>>18945277
That was last week.
This week is slightly different yet the same. Crab walks -+1% each day.
Like an airplane engine you can’t throttle up or down.

https://www.youtube.com/watch?v=Ikq0iP4F_vE

>>18945355
This week is a trip. Futures pumps every night, yet apart from Monday, market hours rejects it every single day, closing lower than the open twice and actually dropping to a net loss once.

>>18945351
>It's funny looking at the daily candle being red, but still higher for three straight days.
Its obvious market manipulation. I dont really mind it because it makes the market predictable and allows for fairly safe crab strategies.

I just fear enough people will take profits to dump the market at one point.

...Anonymous (ID: qNwr0xPE)
05/08/20(Fri)00:08:06 No.18944951
OH NO
MUMU ARE YOU OK????
ARE YOU OK MUMU!???
AHAHAHAHAHA

So the obious strat right now is buy at close, dump at open

What do you think will happen over the weekend?

>last time I checked GME it was still an absolute circus
>it might be an even worse circus now
I don't know who is giving these shorts shares.
>>18945393
Need a catalyst
The dump in March was a fear of being the last to collect profits. Now ALL the gains are in tech and the big 3

>>18945242
I dunno what the fuck is going on and I'm glad I'm in cash. This feels all kinds of sketchy.

just buy the dip!!! everything is just fine!! don't miss out my dear retail investor!!!
buy all the tech stocks at their new ATHs despite destroyed economy!!!
you can make your pennies into a couple of more pennies!! don't miss out!!!!!

>>18945090
How many of you thought MVIS was going to moon today or tomorrow instead of dropping 40%? I know alot of you said it was a pump in dump thats going to drop on Thursday, you people were right but it would've been if you were wrong.

I made another tanker stock general thread.
Trying to contain them there.

>>18945437
>So the obious strat right now is buy at close, dump at open
You'd think so but the one thing I have learned about obvious patterns is they break within a couple days of identification. Usually. Or it's the same pattern but they break out of the range juuuuust enough to cause a cascade of stop losses to trip or shorts to cover.

>>18945437
Something different I hope.
I’m bored already.

>>18945453
My hair stylist said the same thing! Stocks have never been so low! What a great deal!

>>18945486
I know. Im also a crab so I dont really care. I do like 6 trades a week and collect premiums.
>>18945496
We need a correction. Nobody can feel safe with these prices right now.

>>18945459
Everyone and their grandmother knew it was a PnD. I unironically made a 60% gain holding over night on the fourth into the fifth. easy money

>>18945090
>You won't find another girl like me

>>18945486
That pattern only breaks if the printers stop, as long as the printers hold, so do the pattern.

>>18945459
Volume is so trash and uncertainty still so high in most of the market that its very easy to pull these crypto like PnDs

>>18945393
I hope that they are taking profits (for their sake), and I hope that it does drop so that we can get it over with, more than anything else. At this point, it feels like it's fighting gravity, and it's more tedious than anything else. The price action and volume clearly show that we've reached full steam on the recovery without any outside catalysts. And that's ignoring the fact that we never reached proper capitulation on the way down in March. At least one more correction is due, large enough to rattle confidence and hopefully clear some dead wood.

>>18945393
>be shit at trading
>it must be manipulation

>>18945560
I'm not talking about the ppt brrrrrr effect. This is more universal with stock charts when there is an absence of news to drive them in a particular direction.

>>18945437
Trump declares that he’s working on granting permissions to some companies to work with huawei on some projects.

Lam Research blasts through ATH taking the nasdaq along for the ride.

Another week of green.

>>18945634
Did you read the post you replied to?

>>18944183
Bet on Augur for US x Venezuela war.

RTX bros whats our take on today's earning report? Are they cooking the books?

Also natural gas/oil bros are there still any good picks left? PAA/USAC/MRO, etc.?

That's it. I'm waiting for a big dip or until 2021. See you in a few months.

>>18945716
>Are they cooking the books?
In a word, yes.

>>18945751
>>18945716
>RTX bros whats our take on today's earning report? Are they cooking the books?

I read the numbers and listened to the conference call. Basic take away is this. The numbers are fine and legally they had to do it because the companies didn't spin off until April in Q2.

That said no one cares about what they reported for Q1. They care about Q2 in which they said on the conference call that sales in commercial aerospace are down 50% for the quarter. Actually more right now!

Uhhhhh bros?

Why is the Nikkei mooning

Why did Nintendo just crash?

>>18945772
>sales in commercial aerospace are down 50%
Just 50%?

>>18945716
I don't know what the fascination with defense stocks is. They barely move but have weaker returns than other "traditional" blue chips.

>>18945791
That is the average they expect for the quarter. April was down 80%.

>>18945751
Hopefully its not levels of Luckin coffee.

>>18945772
>>18945791
So how much more pain do I have to bear? I have 30 shares at an average of 60 and missed the run up to 67. Are we holding this for 3 years to get to 100+?

>>18945820
>So how much more pain do I have to bear?
I think you and I just have to collect our dividends (which is very safe) and wait it out.

>>18945751
Its been leaking for a while. This is the real reason all the CEOs resigned. Every company has been cooking the books the past decade After 2008, whos going to stop them? Obama certainly wasn't. Times up.

I'm gonna get 100 shares of SPY and then do puts on calls on puts on calls of it.

>>18945785
>Why is the Nikkei mooning

I don't know but I just checked and they get a full hour lunch break at the Nikkei, pretty based if you ask me

Small Spec Gnats

Guys. This is the thing. The stock market is the only vector for growing investments right now. Interest rates are 0. Real estate is on the precipice of collapse. Banks are tightening their lending standards. No one is working, therefore no one is spending. How do you get a return on capital? Do you invest more into your business that is seeing it's first quarter of lost revenue since it was started on loans? Maybe if you had public stock just to pump it up. You wouldn't hire anyone because you have too many employees. Where else do you put the money? TINA: THERE IS NO ALTERNATIVE. You are being financially forced to buy stocks. This is economic checkmate for small businesses.

OIL STOPPED CRABBING AAAAA WE HITTING THE WEEK HIGH AGAIN

>>18945847
>Every company has been cooking the books the past decade After 2008, whos going to stop them?
Every company was under pressure to make their earnings "match" their stock valuation. The GDP/market cap ratio is/was absolutely out of control. There is nothing underlying this appreciation except inflation boosted by QE in 2008.
This structural problem is still here and is actually back to where it was. Interest rates are going to be sub 5% for a decade, I'd put money down on that bet. No one wants to kill the zombies.

>>18945885
Its like everything the government did in 2008 meant nothing and we just moved it to now, except worse.

>>18945859
>This is economic checkmate for small businesses.
This is actually just about the perfect time to start a business. If you can make money now, then you can win any time!

what are the plays tomorrow bros

>>18945924
None because all of the trading will be done for the day by the time the bell first rings. What plays there are are outside market hours

>>18945913
This Im going to buy a Cheesecake Factory

>>18945958
Chuck?

https://www.washingtonpost.com/nation/2020/02/24/chuck-schumer-cheesecake/

>>18945924
Sell low; buy high.

>>18945924
Read unemployment report and play dumb to its long term effects.

>>18946033
Bwaha, it’s funny because it’s true.

>>18945913
>If you can make money now, then you can win any time!
But that means it’s the worst time to start a business. The best time would be when any idiot can do it.

>>18945958
I admire that a really do. But how many people will be rushing out to eat at a moderately priced American chain restaurant when they could easily get the coof?

But it probably will be a good time to get a loan and rent will be cheap once all the other restaurants fold in the coming months.

>>18946033
What are some long term effects? Curious about your thoughts

>>18945859
>you’re being forced to by stocks!
Nah there’s still corporate debt, both investment grade and distressed, precious metals, (gold and platinum), shitrocks (silver), and uhhhhhh magic cards?

You do bring up an interesting point. I’m glad I bought more gold and GOLD but now I want to buy even more.

>>18946032
Together, we can do it!

>>18946054
>worst time to start a business
I think it depends on the opportunity.

Take a look at this restaurant for sale:
Oakland (Pittsburgh) is an area with tons of college students. The place is closed because the college classes are all remote learning and I guess they don't have the business for delivery alone.

Is it a good deal? Yes for the price you could not start a restaurant for that money. NO, because the place is leased for such an ungodly amount of money that the business couldn't even pay the lease for two months without folding. They don't even put the lease price in the listing...lol

>>18945924
Nothing. Maybe write some puts right before close.
PPT will carry my gains in the futures market.

i ordered this on a poster print and will be hanging it next to my super pochaco wall scrolls.

will post results when it arrives.

so if stock only go up, what's stopping people from taking a loan and investing it?

>>18946054
>>18946104
im going to open a noose factory and a workshop that sells dresses made of burlap sacks

WHEN THE FUCK IS IT GOING TO CRASH AAAAAAAAAAAAAa

Bros are we still bullish on Oil?

I have 2k I need to spend.

>>18946137
It happens all the time. I have a really low margin rate. But I risk all my money if stocks go down.

>>18946143
Just let your workers work remote and it should be fine!

>>18946150
The crash is priced in before it happens!

>>18945816
Just 80%?

>>18946137
It only goes up until I buy it
Then it starts going down
:(

>>18945807
a lot of people are betting on cold war 2: chinese virus edition

>>18946184
Yes, keep in mind cargo planes are flying as are flights that by law airlines have to fly. And whether the plane is empty or full as long as it flies they get hours on those engines!

>>18946198
Consumers won't have much cash. They won't want higher prices. The "CHINA WAR NOW" movement will die to walmart sales.

>>18946161
>>18946189
>>18946161
>t I risk all my money if stocks go down.
but we had 8 years bull run, even now with every financial institution afraid of depression we still going up. in fact the recent event showed up how much the government willing to go to ensure that .

>>18946137
Nothing.

>>18946137
Congrats, you are Boeing since 2016

>>18946217
No one wants a China war, definitely not trump. We’re already at war as much as either country wants to be, as our ships play some weird chess dance around the Asians pacific.

The only people who think there’s m going to be a war-war are the zoomers and happooners, the same people who thought Soleimani was going to trigger world war 3 and the US would institute a draft.

It’s all nothing burgees except the virus, which is fucked up. I’m going to miss going to shows, I thought there’d be more time...

>>18946054
The Beaches are open now the rebellion stormed in. no one wants Rite Aid required Mask to Enter bitch Small Spec larvae black night shine web silver feather whirl

>>18945341
Shoo shoo

>>18946251
But how will my RTX share price go up if we don't actually use our missiles? Should I have invested in drones?

>>18945453
What dip? All I see is green, anon

>>18946251
i could see the US entering a new Middle Eastern conflict, as long as it didnt require a draft. republicans are aware that drafts make youths vote, and the youth vote is their biggest fear.
but to drive up oil prices and nationalist fervor? I could see it. Especially considering Americans haven't learned anything from the Iraq War. Even on ledit, young liberals will advocate for war with Saudi Arabia. if even young liberals have forgotten the cost, you can bet everyone else has.
i suppose they'll calculate if we can topple Iran without requiring a draft. I guess it depends on how committed we are to "rebuilding" the country

>>18946252
I should pick up mahou shoujo site again.

They made you wear a mask to buy your gin? I’m ordering EVERYTHING right now, got a booze delivery today yum!

Well the Mexicans and surfers are going to go to the beaches and quinzcenieras and that’ll be fine but DONT buy any street tamales or danger dogs any more. and don’t interact with and street dealers for now. it’s time to maybe grow more cactuz. And maybe get a still.

>>18946295
No one is going to advocate for war with the saudis. I’m not sure if I can even read the rest of your post now that I see it contains such an absurdity.

I just want to take the time to tell the bobos here that theres more to life than just stocks, that there ARE things worth living for. Don't rely on stocks to make you rich. Find a skill, get good at it, and make yourself marketable.

>>18946310
>No one is going to advocate for war with the saudis. I’m not sure if I can even read the rest of your post now that I see it contains such an absurdity.
the rest of my post makes it clear the war won't be with the Saudis. dont worry anon, im not that dumb. I was just making a point about how the public has forgotten the cost of conflict

>>18946251
>>18946295
What about Venezuela? Of all the potential targets it make the most sense.

>Latin American dictator ruining a narco state
>Humanitarian crisis due to "refugees"
>Is in Americas backyard
>Army composed of emaciated communist party members (both young and old)
>Navy got wrecked by Finnish built cruise ship.
>Fucks Cuba/China/Russian influence in Latin America
>War would be over by christmas.
>People that we can give power to Guaido
>OIL
>Can draft unemployed citizens for the naval landings

In 5 years when they look back at this, will they say march was a crash or a correction?

>>18946331
>The beginning of the end

>>18946331
Crash for sure, it was precipitated entirely by Corona.

Just think of it this way: If corona never happened, would the market have crashed? Probably not.

>>18946295
>if even young liberals have forgotten the cos
Okay what?
You’re talking about internet kids who weren’t even alive for 9/11. Of course they don’t know shit most of them are probly too young to vote.

>>18946322
>I was just making a point about how the public has forgotten the cost of conflict
I see. I’m not so sure that’s true of anyone but the zoomies.

>>18946295
>but to drive up oil prices and nationalist fervor?
I explained this in January that the only reason trump would start a hot war with Iran is if it looked like he was going to lose, and he needed to get that rally-round-the-flag thing. I don’t think it’s necessary. Soon we may get to find out whatever dirt he got from Ukraine on Biden. I hope it was worth all that bullshit.

our guy destroying tanker cucks https://www.youtube.com/watch?v=mVza-NFH2hg

Regarding concerns of manipulation, funny business, whatever screwy doings about market not doing what you think it ought do: I'm not seeing anything particularly out of place with the market as I have come to understand it. The technicals terms, your consolidation or distribution, whichever this is won't be known until a break out one way or the other. Anyway the technical terms for it INCLUDE all the stuff the market does, all the HFTs, the Fed's QE, hedge funds playing their hedgy games, all of that is part of the equation and it all comes together to form these trends and flat periods.

My point is when you throw up your hands and call collusion, you are assuming a fantasy market without those things existing at some point in history. I don't know, maybe in the first week of commodity trading for the first time in the history of the world it was sorta clean. Maybe. Doesn't exist now and maybe never existed. When you do analysis of the market that analysis includes all the game playing within.

Whether you are a long hodler or a shorter term volatility trader, you implicitly accept these conditions. In long hodl case you trust that strong companies with stay around and they will expand, that creates better numbers on the balance sheet and that demands higher share prices over a lengthy period of time. If you're a volatility trader you're just jumping on to passing trains in hopes they're headed in the direction you want to go.

>>18945120
Based
>>18945162
Retard bull

>>18946331
-35% on the indexes in one month is a crash. Doesn't matter if there is another leg down to fresh lows or not. It's enough.

>>18945090
Thoughts on Nasim Nicholas Taleb's investment ideas from Fooled by Randomness / Black Swan / Antifragile?

Specifically, how do I implement this?

Taking predictable, repeatable, small losses for an exponential pay-off in the event of a '6-sigma' event.

I have to learn about the maths of Options.

>>18945859
> THERE IS NO ALTERNATIVE.
Is mentioning bitcoin a bannable offence in this general or something?

>>18946295
>war with saudis
>going to war with jewish puppets

if net crashes below 25 i'll buy.

>>18946295
>war with Saudi Arabia
completely asinine. we'd sooner go to war with israel

>>18946400
bitcoin is a pump and dump not a growing asset. when (if) it reaches all time high we can talk

Busy week in the office, what's cooking bois and fags?
Been flipping copper and Euro all week , started building position against JPY but ETFs aren't that good for me here.
Still little to no stonks, can't see anything good

>>18946363
My point is that the most liberal, anti-war demographic doesn't oppose the idea of a new Middle Eastern war.
And for the past 19 years, Fox News has been an endless campaign against Iran, with the other networks sometimes joining in. The various news networks have spent almost 2 decades hyping up the Iranian menace.
>>18946363
>I explained this in January that the only reason trump would start a hot war with Iran is if it looked like he was going to lose, and he needed to get that rally-round-the-flag thing. I don’t think it’s necessary. Soon we may get to find out whatever dirt he got from Ukraine on Biden. I hope it was worth all that bullshit.
Im of the view that is no dirt. Trump wouldn't have held it in this long. Hell, if he'd found anything, he would've played that card during the impeachment process, to justify his snooping

So it's finally done. Bull market confirmed? NASDAQ is already positive YTD, which is beyond ridicolous given the current situation.

>futures up
Going b to be a huge sell off tomorrow at close sell at open

>>18946426
What’s the good doctor have to say?

>>18946064
> long term effects of massive unemployment
No consumer confidence or liquidity, so companies not moving products.
No productivity so import/export balance goes to shit.
Employer's market so wages are pressed down.
People become desperate and crime goes up.
Also, stocks moon because all of this is somehow bullish.

>>18946409
>>18946421
read the end of the fucking post. i dont think we're actually going to war with the Saudis. if there is a war, it'll be Iran

>>18946426
Buy tankers!

>>18946436
Why would it? 2900 is broken...this will go straight to 3000-3100

>>18946433
Literally look at anything that isn't tech or tied into the big 3. Almost everything else is still 25%+ off its high. The Russell has been stuck for weeks while the SPY, Zoomdaq, and Boeing Jones just keep rising

>>18946444
tl;dr

>>18946330
we already have several destroyers parked by venezuela. over a month ago trump already announced maritime ops against venezuela under the guise of the war on drugs. they're planning to collapse their economy by intercepting enough drug mules.

I made a thread about this, but I'm guessing I'll have more reply here.

>What stock screener do you guys use?

>>18946393
sounds interesting. taleb is extremely based, academics are cucks and lebanese are white.

>>18946433
I don’t think it’s ridiculous as long as the other indices don’t moon with it. People stuck at home with nothing to go do and spend money on = blowing money online i.e. tech companies. Idk, the idea of it does sorta make sense to me even if some of the individual companies’ gains don’t.

>>18946455
No thx. But I did indeed dip my toe in USO short yesterday, was nice but I jumped out too soon.
>>18946471
My own

>>18946471
Thinkorswim

>>18945858
don't be cruel

>>18946443
Elimination of competition is bullish for many of the companies large enough to be listed on the exchanges. As long as the recession/depression eventually ends

>>18946379
Good post

Anyone who says clown market should really just leave.

>>18946508
To a heart that’s true

>>18946118
nice I like it
That's the best pic of Jerome, most show his huge neck skinflap (very annoying when trying to Photoshop any Jerome images)

>>18946252
Everyone in my grocery store was wearing masks except me and a couple other young guys. no one was wearing masks a week ago except the people who work there

>>18946425
>when (if) it reaches all time high we can talk
lol get back to me when stonks have recovered to before-corona prices.

>>18945437
You have to get higher returns than your loan which is risky.
You can make more profit for higher risk.

>>18946379
People grow up with the attitude of never admitting being wrong. That attitude becomes a detriment when you are dealing with a system that is inherently always right. The biggest impediment to making money in the stock market is ego.

>>18946379
HFTs causing price movements of indices is a meme (not true)
The correct (true) meme of the quarter/year is institutions, pension funds and other types of funds are fueling this buying, not trick shops

>>18946432
We know iran would be a quagmire, but it could still happen. I have to guess this coronavirus and oil Price war have already hit them as hard as any military strike could.

Oh god if theres really no dirt that would be so fucking sad. It already is, maybe it always was.

>>18946542
So many of my watchlist stocks were hitting all time highs today. I’m still so sad I didn’t just fucking buy Dexcom.

I’ve shit so many times today that I think I’m shitting out stomach acid. My b hole is burning so bad and I’m thinking this is bearish for tomorrow. Be warned.

>>18946590
pics or didn't happen

>>18946393
based

>>18946513
>Elimination of competition is bullish for many of the companies large enough to be listed on the exchanges
Yes, some companies will be moving forward their relative positions at the expense of absolute earnings in the medium term, so long term investments in dominant players make sense, but I doubt the market is steel-pawed enough to hold on to their stocks over the long upcoming depression. So those companies will survive, but waiting with buying in will give you twice as many shares since the market will crash for real in the meantime.

>>18946425
>>bitcoin is a pump and dump not a growing asset.
just like gold

>economic recovery denied

>>18946590
Bullish bullshit.

>>18946616
but gold looks nice and shiny

>>18946619
Bobo...selling is illegal nowadays.

>>18946513
> clown market
A recovery and a dead cat bounce look the same until they suddenly don't. If it is currently a recovery then it is absurd but if it is a dead cat bounce then the market is behaving rationally and isn't being clownish at all. I think a lot of the "clown sentiment" is really directed at mumus pretending it might be a recovery.

I dont understand this...

>>18946364
>smart money dumps at a high therefore it has no value
>dividends are priced in (obviously)
>ignore record profits, profits dont matter!
>ignore that other companies are cutting dividends
>ignore that they will pay off their debt this year
>oil prices will go up so they will lose value even though the price was higher before the crash during normal operations
Imagine listening to a pajeet for stock advice

>>18946655
Does the revolving debt include forbearance on mortgages or apartment rent?

>>18946647
>If it is currently a recovery then it is absurd
That’s how it looks to you now. Unfortunately we will likely only understand with hindsight.

>>18946655
And now the government has more debts which the taxpayers have eventually pay back in one way or another.

NICE TRADE!

btw student and car loans haven't decreased at all. Zoomers are retarded and keep gambling

>>18946655
I’m bad with credit cards and I know I’m a degenerate for it, but I’m using about 50% of my credit limit on both. I haven’t used them at all since this whole thing started, but still making the payments. Maybe that’s part of the explanation, other people in the same boat?

>>18946655
I used my $1200 to pay off a credit card. So did a friend.

>>18946671
No, revolving credit is just credit cards and such. Things that aren’t a fixed credit amount like a loan is.

>>18946696
>>18946693
>>18946671
>>18946701
yea so one random twitter account mentions that tweet op is retarded faggot and cant use terminal
> Keyword is “Revolving” — banks lower credit lines to derisk. (A few comments said this). Drop is not insignificant but zoom out and it looks different.
Im not that good in this terminology but he might be right
>>18946693
also I find it weird in general that ppl use CCs and not pay them in full in 45 days lol. I always cover them end of billing month
>>18946691
are price for cars dropping or nah? It feels like theyre dropping..

Some of you guys write pretty good FUD. Just sayin.

>>18946655
It means no one is using their credit cards. Thats 28 (38) billion not spent on the economy and no fees paid to CC companies.

>still down 20%

>>18946748
I guess I live in counter trend. Ive spent more in April than two months before it so it seemed weird to me ppl actually are not spending money

>>18946137
Look up the Capital Allocation Line, used in conjunction with the Efficient Frontier.

You hit points on that line which are above the tangent point by "investing a negative percentage into cash" and a number greater than 100% into the tangent portfolio.
Which is borrowing to invest.

Although that's a great way to go broke because the assumptions of the efficient frontier don't hold. (Though can, with much effort change those assumptions.)

>record unemployment numbers release again tomorrow

I’m thinking green day for sure

>>18946691
But it makes total sense to pay higher interest credit card debt before other lower interest like car or student debt.

>>18946766
Ive spent probably 1/4 what I normally do. When you stay inside, you dont buy things, when you dont have a job you dont buy hings. You probably just made abnormally large purchases, gotta look at your average and if you had special purchases.

>>18946782
I though they were released on Thursday already?

>>18945216
And to this very day, people don't realise that Smoke only ordered that shit to stall for time, instead thinking "lol he's fat"

>>18946782
Futures very green so I predict a gap down in pre market then a run up mid day to bleed out then a huge dump eod.

>>18946809
This is the monthly report with more accurate numbers and data.

>>18946805
>>18946766
People live in bubbles. More importantly they think everyone else is like them. I do the same. Most of the time I read the posts of people and I think wow these people have much better jobs and much more invested.

>>18946693
>I haven’t used them at all since this whole thing started, but still making the payments.
Sure, decrease in consumer spending would be a component of it.

>>18946766
I spent a ton on groceries at the start of March, but I've spent way, way less than an average month as a consequence of not leaving the house, going out to eat, etc. I'd imagine the average person is at least distantly aware that there's an economic crisis happening so even if they don't have equities they're spending less
>>18946782
They already came out today? Another 3.2 milly no?

>>18946835
Other people are not like me, Ive tried to find them

>>18945090
They took this from you.

No longer can you cheekily slap a virgins butt, but her food as an jestful apology, start dating, make a family, settle down on a farm. Go to church and live a normal human life as god intended.

They took this from you...

>>18946805
>You probably just made abnormally large purchases, gotta look at your average and if you had special purchases.
well I had more free time and ironically enough I traveled more throughout country when I could, as a result much more gas and other car expenses. Then since I spent more time at home I upgraded my home PC bcs you def need few miliseconds faster response while alt tabing. I also bought more clothes than usual since some online stores started dropping prices
>>18946862
arent groceries cheapest way to eat tho..? I def spent less on food than usual thats for sure

>>18946830
Oh yeah, sorry.

>>18946815
he still ate it all

>>18946929
As an excuse to not shoot his crew. Again, "lol he's fat" when it was a 4d chess thing.

>>18946916
It depends on the groceries you buy. I can buy groceries that cost more than eating out.

is there any upcoming earnings from companies i should get in before the ramp up?

>>18946956
and you can eat out in even more expensive place...

>>18946916
Yaya, I mean I spent less overall. Retail numbers for March were down obv and people are still eating, so I think that's what most are doing

>>18946949
>>18946929
>>18946815
brainlets, still to this day people don't realize he was actually ordering for everyone in the car, go watch the clip again

>>18946302
>>18946532
Kill Small Specs. my town requires you wear a mask by law for last month Kill Small specs
>>18946873
My girlfriend broke up with me for the third time because I cant beat her at Chess, her, ELO is so high, They say its called Darwinisn

>>18946976
even with the other's orders he still gets a #9 large, a #7, two #45's (one with cheese), and a large soda for himself

I am always learning new things. But how the hell is this possible? Something illegal must be going on right?

>>18946964
But they are closed.

>>18946963
You are late asking about earnings. I don't see the earnings whisper for next week, but here are some big Friday before the bell ones. Really I guess you need Monday though.

>>18947012
>But they are closed.
thats hardly an argument for "I spend more on groceries". If you eat out in expensive restaurants and now buy expensive groceries you still will be spending less on groceries than eating out lol

It'd be hilarious if the next market crash is because people start being financially responsible instead of maxing their credit and bleeding interest.

>>18947012
Best I can find.

I used to be a big bear but I’m starting to think we are in the midst of the biggest melt up in the history of stocks. As of yesterday’s close I reversed all my positions and am now 100% long, and maxed out on margin. Let’s get this moon mission going boys.

I had a dream about Big Smokes just a few days ago. It started with me unlocking the door into my home and I saw him sitting in front of my computer. Stunned and a bit worried why a fat black man was using my computer I couldn't say anything. Then he looked at me, got up, picked up a bat and said "you bought the wrong stocks, fool!" and beat me up real good. As my consciousness faded from this world, I managed one last look upon my computer and saw my RTX stocks being worth $0.5.

>>18947027
My arguments are losing persuasive powers. Sleep cycle incoming. Goodnight.

>>18947037
Yeah, not gonna happen.

>>18947048
Anon? What are you on? Why would you long margin the top, lmao? This behaves like any bear market in history right now and even in a bull market you have a second leg down.

>>18947037
Nobody is financial responsible, they are just not able to spend their money and furthermore have fear spending it. This will last longer than anyone can imagine. Record high bankrupcties are already occuring.

AAAAH A MOON JUST FLEW OVER MY HOUSE!!

>>18947037
>people start being financially responsible instead of maxing their credit and bleeding interest
0% interest rates do the opposite every time

I would have thought pot stocks would have risen a bit since March. Maybe it has a bit and I haven't noticed because i'm still recovering after fomo'ing a day before they became fucking useless.

>>18947095
What became useless?

>>18947083
That's not what the 0% fed funds rate means

>>18947083
If credit cards actually have 0% APR that's not for new promotional users right now I'd be shorting the fuck out of the creditors because everybody is just going to take the money and go bankrupt.

>>18947103
Don't mean literally. And student loans are probably the closest to the actual fed rate.
And we have been going on for years about student loan debt and how out of control it got from 2008.

>>18947102
I meant worthless really. I bought high and haven't had the heart to sell low. Just holding till maybe legalisation makes them worth it.

What happens when the VIX falls below 30?

>>18947168
You snooze and wait until it goes back up.

>>18947168
Moon

>>18947168
If it falls below 20 for 3 weeks I liquidate my stock portfolio and go all in on SPXL and SOXL to ride the next bubble.

>>18947079
Stocks only go up. There isn’t an event short of planetary annihilation that can bring this market down.

>>18947194
If you trade on margin you'll become insolvent before that happens.

>>18947207
Peak optimism reached.

How reliable are the technicals on tradingview?

>>18947260
Technical analysis is snake oil.

>>18947118
How would that make any difference in bankruptcy rates?

Would IXUS fit well with VOO and VUG?

>>18947207
Even in that case, Tesla would moon because Daddy Elon’s gonna get us to Mars

>>18947268
Sorry, wrong word.
I mean't how reliable are the ratings.

The things that say buy or sell. (Obviously i'm going to do my research before buying a stock, but it's nice to filter your research before?

>>18946994
>Kill Small Specs
Plz no kill
I’m tryna recognize and play against the inner small spec. Gotta get to large spec status somehow.

>>18947294
50%, sometimes they're right, sometimes they aren't

>>18947260
2 days ago i looked back at old articles, from 2018 on seekingalpha, and the predictions of the alledged experts. They were all wrong.
I looked at the asian running ''PAM'' fund, which is just TA, and the Eliott analysis whatever the fuck, on flow of money and he was wrong 100% on spy, stocks, tresury, oil, gas.

so do the same, go on some websites where lots of retards expose their predications, check the 2010-2019 predictions and compare that to the real charts

>>18947319
>predications
predictions

>>18947294
Those ratings are done by analysts or algorithms that operate on a lot of information just to reach the same useless conclusions as a clueless autist on /biz/. No one really knows if the stock will go up, down or sideways. As >>18947313 states, this might seem like a joke but it actually is pretty much accurate.

>>18947319
Buying dips long term with wide diversification is the only "reliable" method of investing there is.
Anything else is bullcrap, really.
But people don't want to admit it because it's boring to them. They need the gambling rush, wouldn't you say?

>>18946994
Just move somewhere else
Live the no mask life
Buy a cheap house out in the wilds and hang out for a couple months

i found these charts on SA, chilled by some old retard in the comment section

>>18947374

>>18947374
People still use Something Awful?

>>18945107
make sure you find out the brand of test. did you ever have symptoms of a sickness these last 6 months?

Risk management is the key to being a successful day trader.

>>18947319
My personal take on TA is that, you have to reassess everything per candle/timeframe, which is what I noticed most anons get wrong where they look once and just stick with what they got with it.

>>18945242
awesome picture

>>18947039
>>18947012
thanks,
ive had a look at next weeks earnings release schedule already, just wondering if anyone had any companies to have a good look into.

>>18947374
>smelliot waves

>>18945859
>what are PMs

>>18946075
>and uhhhhhh magic cards?
I trade mtg cards for a living, the market is atrocious for every format but edh, which is pumping rn due to trumpbux. In less than a year modern staples are down 60-65% in average, pioneer retraced ultra hard from november onward.. Hell, even the RL tanked, tho it's regaining some strengh for the good edh staples (gilded drake, cradle, sanctum, etc..).
That said the crash happened prior to coronachan and it have been crabbing for few months now, but i expect a big uptick in prices for edh staples and few companion related stuff (grim monolith, bauble) once the lockdown is over. That said i try to liquidate my positions asap for any constructed formats, jotc made it clear they have no ideas of what they are doing and wanna crash this plane with no survivors, even fucking vintage is rotating faster than standard nowaday, it's pure madness.
We are entering in unknown territories from now on, i'd like to spec only on edh this year, but with all the sets getting released for the format this year we've no ideas how far they'll go in term of powerlevel (protip: it will be limitless) to grab few more shekels.

>>18947389
Oh wait wrong thread. I thought I was in the TA bashing thread.

>>18946137
dude i am doing this right the fuck now.

>>18947356
>>18947313
But what's the worst that can happen?
You take company that almost have monopolies. You look for the one who are strongly advised to buy.
Then then you do your own research to see if your conclusions are the same.
Then you at the very worst you might have lost 5%... but it's not like you are going to completly ruin your self.

They can't be wrong that often.. can they?

>>18945437
chingchong trade war starting all over again prep your negative positions

>>18945090
SPY almost 291 pre-market. Holy shit i might be able to recover all my money and make some profit after all. Being a big dicked diamond hands was fucking worth it.

>>18947389
>My personal take on TA is that, you have to reassess everything per candle/timeframe
Correct. Anybody trying to seriously predict multiple future moves is a fool. Smelliot wave people are exceptionally fond of doing that and it makes me smhtbhfam.

>>18947455
Held calls overnight? Or just long on SPY?

>>18947319
>>18947359
investing is 100% a gamble, equities at least. just think about it, you are investing in the (potential) hype and interest of a company's LEGACY/perceived reputation/imagined performance. People think, hence guess that $ABC share will grow in value or decrease in value based upon fundamental performance or the perception of that item in the market.

its like browsing vegetables at a market, some of the fruit is appreciated more or sort after more than others based on collective as well as individual perception, as well as variables which are out of human control for the most part. this is why investing in something that tracks the conservative baseline of the market economy such as an overall index ETF like S&P500 /$SPY is a safer choice for investment because the risk is spread out, its still a gamble but you are anticipating the market will at least improve over time overall.

>>18945120
kek. they truly look like this.

>>18947494
i dont give a fuck. i hold up to 6 stocks maximum in my portfolio at all times. i scoop up after legdowns.

Could have bought ASOS a month ago when it was £11 a piece and now it's more than 150% up at £28.
But I had no money...

>>18947494
>investing is 100% a gamble
wrong and gay
>you are investing in the (potential) hype and interest of a company's LEGACY/perceived reputation/imagined performance.
maybe you do, I do not
>People think, hence guess that $ABC share will grow in value or decrease in value based upon fundamental performance or the perception of that item in the market.
people do, analysts dont

>>18947468
Made a really shitty fomo brainlet play a week ago before SPY dumped and got IV raped and stuck holding these bags. Lost like $5000 since then. Need $295 by 5/11 to break even. I was convinced this money was gone lol im going to cream my undies if we go above 295 before end of monday

>>18947456
I think a better phrased explanation is that, TA shows what's currently happening and what are your odds at the current moment.

>>18947553
>and what are your odds at the current moment.
exactly

>Open up charts
>Everything green
>Some stuff mooning and pumping like crazy
>Some stocks like FB back at ATH of 210$ already
Ok.
>>18947494
>investing is 100% a gamble
Wrong. Stocks only go up long term.
This has always been true and if you invest in good companies you will see a return eventually. Of course you should invest in AMZN, MSFT, AAPL or BABA, not Pennyshit Pharmaceuticals at 0.50$.

All the fine highfalutin phrases about how to deal with inflation—we can all say a great deal about that subject.

Where is that "remember dividends are your friends" cocksucker with his stupid monopoly card picture?
We need him now more than ever.

>>18947532
You actually think analysts do better than a coin toss? Google "Stock prediction parrot" or any other animal you want with "stock prediction" and you'll find hundreds of articles about how analysts underperform against literal animals who pick stocks at random.

When are the job numbers released?

>>18947539
Yikes. gl senpai

>>18947574
based. I've been investing for 1 month and i beat the SPY by picking whatever sounded cool. most of that was because i snatched up 7 shares of TLSA at 500 though.

>>18947578
8:30 EST

>>18947574
and I can find 9 people who can do some jobs worse than me or monkey, that doesnt mean Im just as bad. Im sorry but I dont google monkey car repairs benchmark for my mechanics nor do I look up average rating for all restaurants in London and go "well I guess Im not going to Union Street Café by Gordon Ramsay bcs average rating in the city is 3.1/5"

>>18947522
>>18947532
>>18947561
you are deluding yourself into thinking you can anticipate or predict the future.

think for a moment what happened to Buffet for example. he had no way of knowing just like everyone else bat-aids would come along and fuck up his game plan, if he did know he wouldnt have lost money would he? that is an unknown variable, that unknown is there all the time.

>>18945472

OIL IS CRASSSSHINNGGGG AAAAAAAA

Reminder: Buy WM $120 calls for late this year and print money

>>18947613
There's a difference between a trade and a random walk. The stock market is so complicated that there's no way you could reliably predict anything in it. There are people with PhD's in mathematics who tried their luck on the stock market and have lost a lot of money because they were just as proud as you are. But you're a tripfag, so I'm not surprised you have a superiority complex. Not going to respond to you after this, please go fuck yourself you stupid tripfag.

>>18947639
Insider trading is the only way to consistently beat the market

>>18947623
im not trying to predict anything. i am fully aware that the market is going to do whatever the fuck it wants, not what any analyst """"predicts"""". but, i buy low, then i have less risk of falling even further, and i have much room to grow. of course you lose money from time to time, still, Warren has made it to 80 bn dollars

Wheres the TSLA """INSIDER""" who screencapped his shorts in anticipation of BRO JOGAN? I TOLD YOU JEROME IS BUYING THEIR JUNK BONDS BRO, I TOLD YOU NOT TO FUCK WITH THE FED. I WENT THERE WHEN HE SAID HIS STOCKS WERE TOO HIGH, THEY WERENT!

>>18947639
>But you're a tripfag, so I'm not surprised you have a superiority complex. Not going to respond to you after this, please go fuck yourself you stupid tripfag.

im thinking based analytics

>>18947623
>think for a moment what happened to Buffet for example
he lacks market awareness for years, example not relevant
>he had no way of knowing just like everyone else bat-aids would come along and fuck up his game plan
the fact he was unprepared and ignored numbers doesnt mean nobody else could lol
>if he did know he wouldnt have lost money would he?
absolutely correct, everyone prepared did not lose money
>that is an unknown variable, that unknown is there all the time.
horseshit, bat soup was accelerant for already happening economic conditions, again, if you choose to be blind so be it, but dont assume everybody else is aswell.

Circuit breakers today.

It's funny how the futures market is shitting itself since europe is active.

>>18947657
im not saying you cant make money, what im saying is that every decision is based upon a gamble. people that ignore this fact, delude themselves into thinking they are averse to risk are the ones who end up losing everything and blowing their brains out

>>18947623
>you are deluding yourself into thinking you can anticipate or predict the future.
Literally all of trading is build on the foundation of predicting the future. The thing is that even the most retarded idiot can make a profit by listening to the single most pervasive rule. "Stocks go up long term".

>"But can you predict that this will be true forever?"
The moment this rule is no longer valid the system has broken and you start paying in bullets and berries, not money.
I also can not guarantee that I will be alive tomorrow but it makes no sense to bet against it, does it?

>think for a moment what happened to Buffet for example.
He held long term and became rich as fuck.
> if he did know he wouldnt have lost money would he?
He will make that back in one year by hodling some more.

Again. Why do you even invest when you think its all random? You might as well gamble. Its not random Stocks go up long term.
Buy the fucking dip.

>>18947697
Go back to hibernating, you silly bear. The meltdown won't happen today.

>upside
very limited
>downside
xbox huge

>>18946432
you are such a fucking tard go back to redclit to suck your leftist democrat cocks

>>18947720
You think the PPt can guarantee some more crabbing? Im tempted to trust them completely from now on.

>>18947639
>The stock market is so complicated
for (you)
>there's no way you could reliably predict anything in it.
there is, you just lack brain capacity to differentiate between prediction of future and positioning based on economic reality. Stanley Druckenmiller has never had a down year for example, either he is luckiest man alive, he reads future OR he is just not as retarded as you are and positions himself accordingly

>>18947709
No one is talking about long-term. The randomness is more about the short-term. People think they can day trade and actually beat the market, but the reality is they never beat the market. The best option is to hold FAANG stocks long-term and forget they exist.

>>18947455
Your calls are fucked. Bullbros getting too cocky = dump every time.

>>18947716
cope

>>18947751
>No one is talking about long-term.
Ok.
>The best option is to hold FAANG stocks long-term and forget they exist.
I disagree. I make much more by writing puts and selling calls.
I only do it with blue chips so its essentially the same strategy but with more return.

>oil
AAAAAAAAAAAAAAAAAA

>>18947697
Only if they recently implemented topside breakers. Limit up on open boys

>>18947772
Look man, there have been countless studies about day trading and every one of them has the same conclusion. They do not beat the market. The longer you day trade the more likely you are to lose to the market. All the effort you're putting into day trading makes less than someone holding FAANG long-term. I understand the rush of seeing a +40-200% option, but you're forgetting the bad beats that pull down your earnings to the single digits or hell even into the red.

CCL gonna moon again today. Hope you guys bought yesterday

>>18947832
>you're not making money because I say so
>muh studies

Where my /MRO/ bros at?

>>18947885
Got out last week. Fuck this market, I have zero trust in US oil.

>>18947832
>Income trading
>Wheeling
>Active trading
>Day trading
You mix up some terms here m8
These are very distinct and different terms.

>I understand the rush of seeing a +40-200% option
That is not what writing options is about, fren. You mixed up buying and writing options. Writing means offering the option to the market. If you believe that options is gambling for retards then you are just validating the strategy Im using.

You are right about amateur day trading, because most people cant beat algos or drop out before they learn how to.
But you mixed up some very different things m8.

>>18947885
15.8 shares, I went big :)

>>18947901
How is a wheel different from day trading?

>>18947776
wtf it wasnt suppose to crash till next week ffs

The futures actually sold off without dumb super candles and oil isn't +20%

Itll be a red day

>>18947901
I missed the writing part. Everything else is valid. But keep talking down to people, I'm sure you have plenty of friends. It takes 10 minutes to read about these terms, you're not smarter than others for knowing the definitions of basic trading nomenclature

Bump limit

>>18947930
It's crabbing anon. Don't worry, yet.

>>18947927
They are completely different things. Not even in the same category of things.
A weel is a basic options strategy that can involve one trade every month or one that can involve buying and selling on the same day.
YT has some great info on basic option strategies beyond retarded "Buy calls". For beginners straddles, stranges, condors, lizards and covered calls are great starters.
Just ask if you have any questions, fren

>>18947954
>This whole post
Lmao

>>18947885
thinking going all in TSLA

>>18948009
Can you please start using a trip so I can filter you? You're quite unbearable with your superiority complex.

>>18948009
Thanks man
>>18947954
Im a new fag and even Im embarassed by this newfaggery

>>18947954
>backpedaling into insults because you can't into reading comprehension
I don't even care about the short vs long term argument I'm just embarrassed for you

>>18945107
those antibody tests are so inaccurate it’s a joke

NEW
>>18948085
>>18948085
>>18948085
NEW
>>18948085
>>18948085
>>18948085

>>18948040
The guy started talking down to me because I misread one thing. "You're mixing things up, sweaty let me explain them to you ;)" Reddit-tier argument.

Today’s gonna be green as FUCK for me, calling it now. I have calls on MGM and CCL and they’re both looking ready for liftoff so far

>>18948090
you're arguing about day trading when he's not even doing that, your argument never had a basis

>>18948133
It doesn't matter what kind of strategy you employ you will lose money against the long-term. I don't really care what you call it, wheeling, options writing, day trading or dick-weaving you will always lose against the market. That's not even the point.

>>18947716
so you admit one is coming