/biz/ - Business & Finance

Im financially ruined

Guys ive made a mistake with my life.

HTZ reported earnings, not horrible. Conference call at 8:30 tomorrow, get in while you can

Tell me the next big gainer I'm tired of losing

>>19024109
At least you've learned how to be a winner.

What a pleasant day.

Should have bought LABU calls at the opening

Secret is out:
Buy silvercorp metals

>>19024109
Nigga you gay

I made a bull portfolio with fake money, not doing bad, but the stuff you guys recommended hit stop loss pretty quickly. This market feels flimsy as fuck

Thoughts on longing SLB?

Bough 400 shares of DKNG and sold 25C for Friday. Easy premiums.

>SPCE finally going up
>Branson sell some to make some cash
>falls back to 19$
God dammit Branson

Let's say you have a $40k portfolio. 80% on ETFs & bonds. 20% on individual stocks that don't really care about dividends (think MSFT.) Would you guys sit on this position or expand to 70% ETF+bonds & 20% individual stocks & 10% mid-high yield dividend stocks?

If so, what is your reasoning?

>>19024160
good buy

>Grandpa! grandpa! What did you buy during the golden bull run of 2020 when the market rallied 80% in 6 months after the corona panic
>I was too much of a pussy and held cash

Who else shorting WTI/USOIL? Inf% climb last month, seems overbought? Demand still fucked and expiry is the 20th. In April big selloff started around the 10th.

>>19024160
Forbes or some shit said they were one of the most likely to weather an extended oil crisis, go for it.

>>19024186
100% tankers bro

>>19024186
70% qqq 30% edv
there you go

>>19024030
Right, but is there any schedule for operations? When are they expected to be back on track? Any way to track news, etc.? Who exactly are the leftover staff? What has the exec done so far?

>>19024212
I have €1000 with 6x leverage short btw

>>19024195
>I held TVIX and that’s why I’m grandma now

>>19024195
>I bought shit non-tech stocks and had to hodl for years

>>19024195

>implying anyone on 4chan will get laid, let alone knock up a woman

Ok bros so basically I sold my NVAX 19c 6/19 at close, and it mooned even harder post market, I wanna give up on trading

>>19024232
kek

>>19024303
Oof

>it would take until the year 2520 for ZOOM to earn its current market valuation
WHO HERE BUY AND HODL

>>19024243
Any particular reason for EDV over SCHH or VNQ?

>>19024186
80% on ETFs & bonds. 20% on individual stocks that don't really care about dividends (think MSFT.) Would you guys sit on this position or expand to 70% ETF+bonds & 20% individual stocks & 10% mid-high yield dividend stocks?
Assuming you're secure with cash, Increase bond portion from ETFs. Remove more from ETFs for cash to move into your mid-high yeild. I would stick to your blue chips that are cash heavy like MSFT or AAPL. play like buffet and wait with cash, seal in your gains and re-evaluate once every week or two weeks.

>>19024302
Fine, grand uncle

>>19024195
Jumped into Airlines and Cruise Ships Friday. Lost 40k today.

MVIS comebacks?!

TVIX would have to spike like 6 days in a row for that anon to recover.

>>19024379
How many polos?

Seems like they're taking the conference call well.

>>19024244
https://otsogold.com/company-news/
https://otsogold.com/team/
Estimate for restart is late June/early July 2020

>Brought in new management
>Got a geological survey done (looks good, 1g/t is profitable in pretty much all cases and the average grade looks like 1.75g/t with some more dense gold pockets)
https://otsogold.com/?miningnews=otso-gold-update-on-drilling
>Changed name
>Renegotiated bad debt away
https://otsogold.com/wp-content/uploads/2020/03/Corporate-presentation-Otso-web-03.02.pdf
https://www.youtube.com/watch?v=y91dJaiMjdg

lmao orange man just ragequit the press briefing

>>19024379
lol

>ET tanking after hours
fuck at least the divvy is holding

>>19024195
I bought Bitcoin, and I'm not your Grandpa, you're my clone

>>19024120
KOS, get in before the moon mission

>>19024418
That is 400 polos
But you'll see! The 1200 polo return in 2040 will be worth

>>19024478
"tanking"
>>19024417

https://www.fool.com/investing/2017/06/11/how-carl-icahn-missed-out-on-4-billion-of-gains-at.aspx

remember to bag hold till the end of time bros

>>19024397
kek how many times can pajeet rope these retards into the same PnD?

>>19024427
I chucked
The cunt wouldn't stop trying to get him to answer her second question even after he moved on

>>19024139
Ive made some nice gains off them plus they pay dividends. Being silver based adds security as well pm,s all the way.

>>19024427
oh he had one today?
What happened?

Someone please tell me why I'm an idiot for this one:

ACC 9/18 30 Put.

A company that owns real estate around schools is gonna eat shit when attendance is down this sept, right? Seems obvious, tell me why I'm a retarded faggot for thinking so.

>>19024109
Let me know when you get out of tvix so that I know to go all in on tvix

>>19024408
From this level on the way up it took 9 trading days to reach 1k.

>>19024532
priced in

JPM: Get ready for the age war
>JPM: Get ready for the age war
JPM: Get ready for the age war
>JPM: Get ready for the age war
JPM: Get ready for the age war
>JPM: Get ready for the age war

>>19024195
oh god that hurts... i sold the fucking bottom in MSFT and LMT, got back in LMT but missed the MSFT moon mission.

>>19024348
Any reasoning behind increasing bond portion from EFTS? I feel like the returns are too low to expand beyond what I already have on them.

>>19024505
i did now my puts are worthless

>>19024521
what was the 2nd question?

Down 10% on a position, I shoudl have put a stop loss but do you guys normally hold onto it or just try and make moves on another play

>>19024560
No way, look at the debt. A breath on the brakes of the money they take in is gonna kill them on leases.

>>19024535
I sold today .. i am done. Maybe will buy tvix when it hits 100 or 50$

>>19024478
OMG, the first conference Q&A Call is from "Mr Cohen" from JPMorgan wanting him to explain how he thinks the corona recovery is going to play out

>>19024583
We never found out
She kept barking that she had a second question, but Trump shrugged and walked off after telling her no for a third time.

>>19024420
I looked into the team (minus the new guy) and goddamn they're fucking incompetent fucks. The bond offer is also extremely lopsided which strongly suggests something more than simply mismanagement (though the mismanagement is easy to explain seeing the inbreds on the board). The new guy also only ever helped pennystocks, and there is no sign that he actually improved any company he's ever worked with. All in all I do not believe there is any upside at all for this stock unfortunately. However, if you shill it enough, like any pennystock, it'll pump (and later, it will dump).

>>19024427
ask CHYNA lmao

>>19024379
its bound to go up....right

>>19024570
I personally fear a japanification of the US. We're also potentially reaching an end to index investing. The growth of the indexes is due to the growth of a few big companies. I'd want to try moving away from being in anything heavily tied up with indices. If you're already big in bonds, then I wouldn't change the balance of that portion of your portrollio.

>>19024109
I tried to warn you, but you insisted on seeing what you wanted to see.

>>19024262
Kek

>>19024630
ah, cheers

>>19024589
Depends on time scale.
Also look at this link in the OP: https://pastebin.com/sqJUcbjp

Aaaaand it looks like darkpools buying again...

Christ I'm seriously considering 3X levered smallcaps or tech...

>>19024694
>small caps
Will remain in the dumpster
>tech
The only space that matters

>>19024694
are dark pools under 50% even bullish anymore? Can we still interpret the DIX the same way as before?

>>19024583
some chink reporter asked why is it global competition about how america is doing such a better job with testing, even though there are still new cases and more people are dying, and he told her to ask china. broad got roasted so bad they couldn't even use her for fried rice.

>>19024658
SPY dump incoming confirmed

how i do i buy stonks xD

>>19024739
No one knows.
SPX DIX back to 2010 is not really a big enough sample size anyway to judge it's accuracy. DIX fails for most stocks.

So is daddy Trump threatening China, saying that the trade deal is off and walking off stage going to the be catalyst for the dumpening? I think I'm gonna sell what I can now AH lmao.

>>19024772
Wait for Bobos to prevail then buy in.

>oil flat lining for 7 days now
when is something going to happen?

>>19024727
I'm not so sure...
But I think I'll just go with SVXY

>>19024739
Why not? It's been over a month and the lowest the dix got was 43.2%. And we keep thinking it's a fake rally but the markets keep rallying...

>>19024774
true but the public dix is only for the SPY so it's hard to say how to use it for individual stocks. It's not just short volume as some have guessed. Here is the short volume for SPY, which clearly doesn't match up.

>>19024834
Did he say anything new today?

>>19024772
What happened in all of 2015?

>>19024657
Fair enough. I guess my decision depends on my faith in the stocks that the ETFs are heavily invested in (so basically FAANG plus some others.) I guess that's the risk I'm willing to take. It's just I don't know. 2% is too low of a return for me..

We're still at the bottom. I hope you're loading up your calls, especially in oil.

tech stocks should just crash

>>19024862
>so it's hard to say how to use it for individual stocks
You use tradingview?

>>19024862
>Why not? It's been over a month and the lowest the dix got was 43.2%. And we keep thinking it's a fake rally but the markets keep rallying...
>The dark pool indicator (DPI) measures, out of all trades that are effected off of stock exchanges, the likelihood of a trade being a purchase or a sale.
It's only a probability of off exchange trades being buys or sells. We don't know the volume, nor changes in these trades. GEX gives us a bit of a sense for volatility, so i'm not really sure how to interpret DIX right now

>>19024160
I work as a 3rd party to them and Halliburton. Both these companies can weather downturns and will take in money when the oilfields start back up.

Halliburton still has us working right now too.

>>19024772
Doing the opposite of Goldman's public advice has always served me well

>>19024109
no shit

>>19024880
It's crabbing with no good news in sight. It's due for another crash.

>>19024917
I’ll give you a dix to interpret lmao

>>19024926
If you don't mind me asking what happened to HAL before the crash why was its share price depreciating?

>>19024935
>Crabbing
Where have you been the past month? It's going up

Just noticed that the Bitcoin (BTC) block reward halved around two hours ago.

Thought I'd let you guys know in case you missed it.

>>19024892
no? does it have the dix?

>>19024875

>>19024944
This. Doesn’t make sense to an outsider.

Got 35 left in my account, hell might blow it on KOS. Then sell once KOS hits 6 again. At 1.42 a share I'd get 24 shares. 24 x 6 would see me earn 144.00 in profit. So a 4x return.

>>19024971
no one cares about shitcoin's happening

>>19024966
Lmao delusional zoomer.

>>19024984
yes
>>19024862
>true but the public dix is only for the SPY so it's hard to say how to use it for individual stocks. It's not just short volume as some have guessed. Here is the short volume for SPY, which clearly doesn't match up.
Naive DIX doesn't work for etfs and indices. You have to take the DIX of the individual stocks and add the together according to the weighting of the stocks in the etf/index.

>>19024935
So you were hoping that the June contracts will crash the market? I think you're being too optimistic anon. Factories are opening up and TSLA will be the company to do the ribbon cutting. Factories in China are already in operation at 10%.

>>19024944
I could only really speculate on that, the oilfield was slowing down before this crash so that was probably reflected in their stock prices.
It could also be the winter slow down catching up to their stock prices.

>>19025022
You want to see true spirit of the crab you should look at small caps

>>19024971
Still don't get why there are a lot of people crazy enough to invest in that ponzi scheme.

>>19024195
I bought MSFT during the dip and gained 25%
That's why I married my third wife at 75 (she being 18 obviously)

So glad I bailed on ET. ET anon was like those stocktwit shills and would've costed me more had I not jumped out.

Anyone else nearly duped by ET anon but didn't buy or jumped out last second with minimal losses?

>>19025069
>implying the stock market is much better right now

>>19024750
top lol

>>19025151
Reminder that every time you buy the index, you're contributing to this shitheap.

>>19024917
>We don't know the volume
Only because squeezemetrics doesn't publish it. Dark pool volume has a very high (>~0.7) correlation with nasdaq/nyse volume. There's not much value to it. You can just use normal volume instead.

>>19025131
wait so you did what someone told you to do on this site?
am i understanding that correctly?

>>19024727
>>19024862
Small caps take a lead going into the next business cycle, and their decline is a warning sign that you're nearing the end of the current cycle. If small caps haven't started recovering despite the other indices being nearing ATH, then you should be wary. Other sectors, like financials and consumer defensive, should also have begun to recover more than they have by now.

Like another anon had previously stated, the fact that the recovery we're seeing is heavily concentrated in tech is a signal that index investing and a flight to tech as a safe heaven are what's propelling the rally, not a global rebound. It's a good sign to take profits early and often, at least until you see real recovery emerge in other sectors that are tied to strong growth at the beginning of the business cycle.

>>19025206
Sounds like a good time to take some long-term positions in small caps

>>19025043
Do you seriously think the market crashed because of the virus? You can’t be that stupid lol

>>19025166
But Bernstein said the indexes were the collective market mind and safest option for diversity and growth

>>19025151
only on the US market can a webcam_application.exe be worth fucking $180. One hundred eighty dollars. realize how much that fucking is.

>>19025243
For me, it’s TMDX.

>>19025243
DCA if you're going to buy in. It's worth keeping them on your watch list, at the very least, as a signal of sorts.

>>19025151
It may look bad right now but in the long-term, the probability of stock market surviving this crisis is more likely than cryptos or pms. The global economy cannot survive without the stock market. Please take your play money elsewhere, this isn't the place for kids like you to hang around.

>>19025256
>You don't need to do any security analysis, just buy a share in a bunch of overpriced unprofitable stocks and you will be rich

>>19024655
NLCH anon if I was in your position I'd hold. Except I would trim any amount I felt was excessive as I've currently done with my largest position. The likely way you'll lose is
>corona virus 2nd wave
>war
>recession
>depression

Bobos getting increasingly nervous

>t-t-today is the big crash, r-r-right?

>>19024129

When anons here talk about investing in cash, are they talking about bonds or forex trading? t. new guy

>>19025279
>41% of machines fail after 3 years

>>19025306
>>t-t-today is the big crash, r-r-right?

>>19025243
You might have to wait for a long ass time. Small caps have seen only a fraction of the gains of the big boys since 2008. Up until last week they were trading at their 2015 levels. They gain slow and recover slowly. That could be a statement that they have a lot of "potential" upward or that the big caps have a lot of air beneath them.

what the fuck are these green futures jesus christ

I wish I bought MSFT during the dec 2018 dip. It was at under 100 a share then. But oh well, at least I learned from my mistake and bagged more DIS when/during this virus shit caused it to tank.

>nothing burger bug that only kills people that are net drains on the economy ended up being the only reason why the economy crashed
>conveniently used as a scapegoat for everyone, even companies that had massive fundamental problems prior to pandemic
>some of these companies (BA) have gotten massive amounts of fed injections
imagine being this dumb

>>19025306
If cases rise and we have a second lock down, prepare for Red.

>FUTURES
>OIL

>THIS IS THE GOLDEN BULL
>BOBOS BTFO
>HOW MUCH HAVE YOU LOST XD
>my money is safe... right?

Nearly 70% total short today dumb permabull faggots, switch to puts for a little bit be stew we’re actually heading back down.
>t. more money than you

>>19025336
>>19025352
Long oil

>>19025321
Planned obsolescence sounds bullish considering Google says they’re like 300k each

ET MISSED EARNINGS NOOOOOOOOOOOOO

>>19024589
Depends on TA and fundamentals. Is it near a support level. Did it drop on massive volume? Does the daily candlestick look like a hammer? Is it undervalued?

>>19025291
>The global economy cannot survive without the stock market
Yes it can. Equity holders are not essential to the economy. Bond holders and creditors are. Money lending powers businesses, national trade agreements, etc. What the current market is is a dam for all the QE inflation since the 90s. Imagine the effect of all that equity would have on the actual economy if it got dumped into it.

>>19025353
>Nearly 70% total short today
the market will continue to recover until the last bobo has surrendered. only then will the crash to end all crashs begin

>>19024303
Don't give up! This is an important lesson to learn. When you get the feel that something is running too hot and you should take profit, don't sell your whole position. Instead sell half or a third and put a stop loss a little bit further down. This way you lock in some profit, the trade is now much safer for you, and you're in position to keep riding the gravy train for a bit if it decides to keep going.

Remember: good trading isn't about the one big moon shot. It's about an accumulation of good trades over time.

>>19025166
>>19025296
>.t brainlet that hasn't made any money
I'll be having a drink for you on the beach when I've sold off my years worth of dollar cost averaging VGT profits
>Muh overvaluation
Doesn't mean anything in this clown world

>>19025352
We're gonna make it, oilbros.

>>19024750
nice

>>19025395
i agree. everyone thinking "its going to crash!" is the exact reason why it will not. only once everyone truly FOMOs will we begin the dump

>>19025406
Tech EFT gang

>>19025451
>once everyone truly FOMOs
who the hell is left to fomo?

>>19025431
>>19025352
>>19025368
nothing has happened.. where the fuck are you looking?

>>19025463
the 70% of people who are short

Based Elon

god I need the financial sector to pump like tomorrow

>>19025463
There's some old man sitting around with 130b+ in cash right now.

>>19025493
Same, dude. My last quarter calls are bleeding out. The stupid thing is stuck on march levels.

>>19024589
What's the ticker? I can offer the witchery opinion of magic.

>>19025492
>making cars in Commiefornia
what was he thinking? hopefully he learned his lesson and never builds another plant in that shithole state again

elongated muskrat finna bouta get his booty drilled in jail

>>19025406
>Doesn't mean anything in this clown world
Do you understand what's happening that's causing the clown market? About half of all investors are passive investors that just mindlessly pump everything that's listed on a major indexes regardless of the underlying quality of the assets.

What's going to happen over time is indexers will buy overpriced garbage that will be sold off by active managers. The managers will pile into small caps and companies with good fundamentals/growth potential, and ride them up until they get listed on the S&P 500. Then when they moon they will dump them and you'll be left holding the bags. The market is going to crab for a decade while active managers get rich from pump & dumps.

>>19025530
You make money in california. You dodge income taxes and increase jew hordes in Texas and Nevada.

>>19024089
hope you guys loaded up on your ATHX like i repetedly told you the last month or so. still not too late to get a $15 stock for under $3

>>19025557
*hoards
Fuck this autocorrect
>>19025544
What would be really nice if the DOW was dropped in favor of the Russell.

>>19025562
>unironic socialist
>in modern, muttified america, in which most taxes go to roasties and brown people, no less
lol

>>19025521
>buffet
He's been on that cash since like 2016.

Im the guy from yesterday asking to be talked out of buying all into June VIX 40$ calls.

No one stopped me so i did it.

PLEASE BUY MY BAGS

>RTX still going down

uhh... guys? should i sell this memestock?

>>19025544
>he thinks the subset of retail investors that are also passive investors is anything more than chicken shit
lol

>>19025451
Sounds like you're talking about bitcoin. I guess I was naive for thinking stocks were a little more serious business. (Not complaining about you, you're probably right)

>>19025618
I am buying VXN at 18

>>19025598
k maybe try reading for once

>>19025492
Brave dude, he is an inspiration to scared CEOs out there. Imagine Microsoft and Google follows Elon and decides to open their offices too. If the government is gonna quarantine our employees then let them quarantine inside the office building, rearrange the cubicles 6 feet apart. It's that fucking easy.

>>19025562
not falling for this pajeet pump n' dump

>>19025635
>I guess I was naive for thinking stocks were a little more serious business.
Trading is trading. It doesn't make a difference how serious biz the asset being flipped happens to be.

>>19025636
How much for?

>>19025631
incredible how many retards bought this from one autist spamming about it

>>19025646
I meant to reply to the post above yours. This one: >>19025557

>>19025492
TFW ELON IS ARRESTED AND GETS COVID IN JAIL and dies from it that would be so bullish

>>19025662
ok

>>19025368
OIL

>>19025328
>Small caps have seen only a fraction of the gains of the big boys since 2008.
Small cap growth at the beginning of a business cycle is something that's been examined and back-tested over several recessions. Pic related is a comparison between several index ETFs. Tech is the only sector that can compete initially, and takes three or so years following the low of 2009 to begin outperforming small cap. Total market growth funds only began outperforming around 2018, which aligns with their over-weighting in tech and the decline in small cap performance, as expected toward the end of a business cycle. The cycling out of other sectors and into tech began much earlier than this year, but has only been exacerbated by current market conditions. Top-heavy, over-weight tech indices are at elevated risk for that reason, but also important, it points out that investors have not felt like this is a true recovery yet. Until you start to see significant volume in traditional sectors that experience good growth at the start of the business cycle, tread lightly. What we're seeing is a passive investing led recovery and a flight to the new blue chips, tech.

>>19025632
The retail volume might be low, but the institutional volume is not. Index investing has been a growing problem, because those passive funds have slowly become the largest share holders in companies. Those funds, and all other similar fund types that rely on market-matching strategies, do represent a significant share volume.

>>19025631
I just bought today cause I'm a patient boy. Looking to buy more at or below 55. I'm holding everything I have for the long haul

Now, I'm not gonna recommend you hold every bag that falls. If you're buying something at $60 hoping it hits $100, you're actually not stupid for selling it at $59 because you're basically admitting you were wrong, taking the loss, and recouping for another better opportunity. It's actually new investors who have the mentality to just sit there and dca into a bleeding asset, trying to force their will onto the market. Pros sell immediately and don't look back

>>19025530
There was an old Toyota factory in California that he bought for a song.

>>19025715
>pic related

>>19025631
Learn to do TA, dude.

I keep trying to understand what sort of niche investing I want to get into, but whenever I start to look at less risky options I realize I already have a total market index fund and tax advantaged drip dividend growth fund in my IRA through vanguard. I don't know what to put my money in that is like medium risk, is there like some sort of 70-30 SPY / US Bond rebalancing thing I should do? Picking winners and loser sounds fun, but I know I'm not going to put in the leg work to read up on earnings reports and follow any one company around.

>>19025530
There were cheap resources, tech people, and government subsidies. It made sense at the time, but it was only a matter of time before California craziness took over.

>>19025666
Well I won't argue with Satan. But if that is the case, what makes bitcoin more of a meme asset (in its price movements, lets skip the fundamentals discussion) than stocks, if they are equally impacted by things like FOMO and whales liquidating speculators? I ask because I was under the impression that this general thinks there's a big difference.

Ahhhhhhhhh why is 4channel being retarded

>>19025652
Microsoft and Google don't have manufacturing plants that need people to run. If anything, they are probably trying to figure out how they can move to a "work from home" model and reduce office space costs.

>>19025492
Another innocent African American being targeted by corrupt cops

>>19025833
What's your problem, Anon?

>>19025715
So you're saying all in on VB on market open? Let's go boys

>>19025775
the only thing that matters is tech, and the only thing among tech, apple. just buy 1 share aapl every week

>>19025871
I was getting server errors. Jews trying to shut me out from market talk

>>19025855
kek

>>19025828
I have no firm opinions on BTC and crypto in general.

>>19025775
If you don't want to do work, already have the index, and want something lower risk I'd say double down on a less risky sector or grab investment grade corporates. Both of these are pretty convenient to find in ETF form (XLP, XLU, LQD, etc.)

Treasuries and Municipals and funds that contain them are shit right now. Honestly though if you're young like most of us are here you should be fine taking more risk even if it's in your IRA.

I’m 50/50 OILK/XOM. Am I gonna get fucked this month?

I'm the last of my kind. And proudly so.

boomers were a mistake, convince me otherwise.

>>19025947
hello cousin.

>>19025964
have you seen zoomers?

big crash coming the 15th btw sell thursday or baghold for weeks

>>19025828
I guess the main argument is that a stock still represents partial ownership of a company while bitcoin is only useful to buy semi-legal drugs online

>>19025947
Give me some advice Bobo

>>19025946
>oil
yes, yes you are

>>19025715
So what are your opinions on a 60/30/10 Tech+VTI^SPY ETF/Bonds/Individual Divvy Stocks split? I get what you're saying about the inherent problem with passive investors who don't look at the entire basket but it's a basket for a reason right? Follows the market loosely including downturns with no downside protection. Which is obviously a risk that comes with most investments, just that people believe the risk is off put by the fact that indexes are a conglomerate of stocks.

But I guess when 50% of your basket is large cap tech..

>>19025988
It's quite simple. The jobs report indicated we will lose more GDP next quarter than we did for the first quarter. Conclusion: Inevitable downward movement.

Have confidence in your choice to be a bear. It pays pretty well if you are correct.

>>19024129
>crab day
pffttthahahaha what a dumbass

>>19025988
Sell high, buy low

>>19024344
EDV holds long term US treasuries, those other 2 are REIT ETFs. LTT have negative correlation with equities traditionally.

>>19025987
You can buy other shit with BTC. But you will pay more for it. Let’s say a car costs $8800 (the price of one BTC). Let say the guy will accept BTC, but will charge you nearly 2 BTC ($17600) for it.

The guy selling the car has to sell the BTC at some point and pay taxes on it. So he charges you more BTC for all the hassle

>>19025992
Do you have any good news for me? We will have some movement this month as far as people getting back to work.

>>19025964
Silent and Greatest Generation thought they were selfish and short centered. Gen X, Millennials, and Gen Z are furious at how they are plundering the bounty of their parents to deny it their children.

>>19026046
Get this hot head outta here!

>>19024129
> he bought and/or sold? crab it.

>>19026105
The bogs have always been part of theta gang.

>>19026064
that's why I said it's useful for that. for illegal drugs I'd still use cash, for legal shit there's a dozen better options, but there's a small grey area where it's actually superior to the other options.

>>19026085
just accept it and bite the pillow

what the fuck is it with gold and the $1700 price

>>19026155
Poker players use it to get cash from others players quickly. A bank wire to a casino can take 2-48 hours

>>19026173
Yeah I know. An ounce of gold is worth $50.

>going to have to hold from 6month-1year to make all my money back

If you ever wanted a recipe for how to get the most out of life and make time slow down to a crawl.
I think I found it.

>>19026098
>>19025988
Sell naked itm vix puts

>>19026064
BTC is great for exchanging money between Fiat currencies. I am usually only off <2% from the exchange rate on Google when going from any small currency to USD/EUR. Better than any bank or professional exchange in my experience.

>>19024160
Been wanting to buy back in to the oil dip. This morning I added to Schlumberger and Halliburton. Nice dividends and very cheap.

>Trump press conference
>"yes, you in the back"
>stand up
>Yes, id like one hamboigah please

HOLY SHIT

>>19026173
>Trillions of dollar of actual investors money left the market 1-2 years ago
>Market is being pumped by companies buying back and fed pumping
People are unsure, so a shit ton of investors are probably investing a percentage of their portfolio into gold

Sony Calls
Cisco Calls
WIX Calls
Norton Calls
AMAT Calls
SDC Calls
NCLH Calls

NCL Puts
Jack Puts
Dennys Puts

RED CANDLES

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAa

>>19026273
>>19026187
i mean more like it has been around that price for a really long time now

>>19024089
Is it just me or are FAANG stocks starting to be perceived as safe haven investments?

>>19026314
not just you. idiots, the lot of em

>>19026314
It's just you. They're borderline pennystocks in their day to day movements.

>>19026313
It's an investment that is specifically designed not to have large price fluctuations why are you surprised?

>>19026313
Yes? It's not like things are looking better for the average investor to start investing again kek'd

>>19026282
which of those are you going to hold through the earnings IV crush?

>>19025713
>>19025368
oil?

>one minute we're up +0.28%
>in another minute we're down to +0.03%

G U H

>>19025296
Security analysis is pretty simple for traders, no price to book ratio, what matters is revenue growth, earnings growth, new products, institutional investors.

>>19026344
uhhhh
look at a graph then delete your post pls

>>19026002
Yeah, you see the exposure risk, right? I think short-term, the over-weighting in tech is going to result in downward pressure on indices once the markets begin tracking the economy again, OR, once people cycle out of tech and into other sectors with larger potential returns.

Long term, index investing is easy and suits most people. There's nothing fundamentally wrong with that from a utility standpoint. It's easy diversification: modest rewards for modest risk. The problems that active fund managers have with it are more structural in nature, but no point in getting into that right now.

Pic related shows an alternative to VTI (Orange) you could consider. RSP (Black) is an equal-weight S&P 500 index ETF that attempts to offset some of the negatives of market cap weighted funds. It behaves very similarly to VB (Red), if you'll notice, because it allows for the smaller companies with more potential to grow to shine, whereas shields you from some of the pullback when the larger companies disappoint. That means that it reduces some of the over exposure to tech that you'll have by holding both QQQ and VTI, while giving you some of the performance benefits of holding VB (without as much associated risk).

So I'm thinking, Jerome Powell speaks Wednesday at 9. You don't think he is going to turn off the printers do you? How often does he address the public? This can't be good, right? Is he turning off the fucking printer?

>>19026282
the dates on these are correct? honda is schedueld for 5/22

>>19026417
The printer has been off since this Sunday 6pm

>>19026354
This is why I joined /cashgang/ last week. There's a firm resistance up at 2960, attempts to even test it are falling short of the mark. Volume situation is really bad. No way for me to gauge what's going to happen until something.... habbens. Don't care if line go up or down but I no trade this snib. I'll trade snibby market in peace time but not in middle of pandemic coming off a panic crash.

>>19026362
I'm glad you could wipe your father's cum out of your eyes long enough to read what I typed, but if you could also let go of your brother's dick long enough to type out an argument instead of that feminine passive aggressive nonsense you posted that'd be great.

>>19026173
It's still cheap. It will probably pull back to 1590-1600 soon, but then it's off to 1850. Love me some gold and gold mining stocks.

>>19026271
MUMU IFFY UHH
BOBO GOT A STIFFY UHH

What’s this pattern called?

>>19026453
There needs to be a Death Grips bobo

>IT'S A LOOOONG WAAAAY DOOOOOOOOWN

>HYUUUUH

>>19026459
Dying the dip.

>>19026282
>CSCO calls
OH NO NO NO NO

>>19026459
Round 2

>>19026459
DON'T FORGET ABOUT THE ASIAN KILLER HORNETS THEY'RE COMING BACK TOO SELL SELL SELL IT'S THE END OF THE WORLD AAAAAHHHHHH

>>19026459
Ramp into the abyss.

>>19026314
No, MAGA stocks are.

MSFT
AMZN
GOOG
AAPL

>>19025688
he was such an obnoxious faggot too, and it didn't help him one bit with bags...

>>19026396
>once people cycle out of tech and into other sectors with larger potential returns.
I'm not sure if that's the case though. Small caps have more cyclical exposure is one of the big reasons they do well at the beginning of the cycle. But we're not having a standard contraction, and it doesn't look like we'll have a standard "new" expansion.

The things that are primed to pump when people get their jobs back are likely consumer spending things if the helicopter cash continues.

>>19026314
>not using sp500 as risk free rate

>>19024139
>>19024523
Buy my SANDbags please.

Why shouldn't I go all in on UPRO after the next leg down?

If I just hold it, I'll beat the S&P500 by a significant margin without having to invest in any companies.

It's been a couple threads and I still can't find a problem in USAC.

>>19026314
>starting
They have been treated as the new bonds since March 24

>>19026427
Oh shit

PANW > CSCO
I’m only investing based on ok dividends anymore. These companies should pay me for the risk.

>>19026495
100% guarantee you are thinking of Sysco

stop posting dumb fuck

>>19026553
The only point people will raise is that they deal with the widow maker, but after some very light reading and the spoon feeding by a couple anons, MLPs are a solid investment.

>>19026430
ah shit...
I just bought heavy into SVXY seeing that afterhours green.

Gonnna be a rough night/morning for me.

>>19026541
Index funds are going to get ultrarekt in the next recession. The travesty that is happening with the current regime where the funds bubble up the prices can't continue. It is fundamentally illiquid.

Like I said sqqq Bros, monday would turn out green in typical clown fashion. But the panic comes on tuesday.
Hope you friends loaded on before close

Since this will probably be the new norm, how can I long these cheap shitty facemasks?

>>19026619
Prominent puffy is an underutilized nipple style in animu.

wsb sentiment is making new highs
when should I sell?

>>19026670
Show us your positions on your demo account.

>>19025353
The stock market exists to frustrate the greatest number of people.
>t. more money even

Short natgas

>>19026426

retard here,
If the US dollar did enter a hyperinflationary spiral because brrrrrrrr why would stock holders care? Why not just hold then sell in whatever currency becomes the new global reserve or otherwise seems stable? Like is there a law or some shit that you have to sell burger stocks for burger dollars?

>>19025353
>Nearly 70% total short today
where do you see that?
I've got 45 minutes to reconsider my short vix position...

>>19026772
>If the US dollar did enter a hyperinflationary spiral because brrrrrrrr why would stock holders care?
Stocks like other assets would also increase in price.

> Why not just hold then sell in whatever currency becomes the new global reserve or otherwise seems stable? Like is there a law or some shit that you have to sell burger stocks for burger dollars?
You could hold and collect inflated dividends and spend them quickly somehow.

>>19026772
You can't get ahead of hyperinflation by staying in fiat currencies. Gold (possibly BTC) would be all that mattered as assets.

>>19026705
no

>>19026773

Futures are such a shitshow right now.

>jumps up +0.28%
>one red candle obliterates it in literally 1 minute
>slowly creeps up again
>a single red candle in 1 min kills it again
Imagine having a red candle button

>>19026793
But they would increase in price *in usd*, right? Once thing settle down wouldn't I be able to sell in euros or whatever at reasonable prices? (assuming the euro remained uninflated, idk if that's retarded or not if the usd goes tits up)

>>19026519
You're correct, this isn't a standard contraction in that it was self-induced, but we were already showing signs of economic weakness as early as 2018, as shown by the decline in rate of growth, the growing disconnect between small cap and large cap returns, ever-expanding corporate debt-fueled buybacks over organic growth, etc. Financial outlets have been reporting on this for a few years, and an expected timeline for a "natural" recession was as early as 2020 or 2021.

So, let's put /biz/ memes aside for a minute: nobody is *planning* for a return to pre-CV levels of employment or productivity for years. The banks aren't, they're holding record levels of cash in preparation for unprecedented levels of defaults (that may or may not happen). Credit card and auto loan delinquency were already on the rise for a few years. We're probably looking at 10% of mortgage holders looking for relief at the moment, with a solid 7% reported last month. Unemployment, no matter which analyst you seem to turn to, is going to remain high (10%-ish) for years. It took us a decade to create those jobs. The stimulus is not going to reach every person or business, as it already hasn't been. People and businesses will fail. There have been secular disruptions to sectors that we have no clue how their recovery will pan out. Consumer sentiment and personal consumption expenditures have taken large hits thus far.

On top of this, the massive amount of debt isn't helpful. Out of laziness, I'll quote directly from Investopedia for this, but there are various reports you can source with different threshold levels corresponding to particular diminished levels of return.
>A study by the World Bank found that countries whose debt-to-GDP ratios exceeds 77% for prolonged periods, experience significant slowdowns in economic growth. Pointedly: every percentage point of debt above this level costs countries 1.7% in economic growth.

We're not just in a correction, we're in a recession.

>>19026820
imagine believing we will be at 2920 in a month. i truly wonder who buys futures at a loss right now

>>19025353
post ONE single tangible piece of evidence that you aren't poor as fuck.

I'll go first

>>19026820
Why are you freaking out about 3-4 point moves?

>>19026832
I don't know. But you could buy S&P or International ETFs on other stock exchanges hedged in that country's currency. So you could invest in one country's economy but in a difference currency.

https://www.investopedia.com/articles/investing/070815/how-currencyhedged-etfs-work.asp

>>19026854
I'm thoroughly convinced we witnessed a manipulation attempt on the stock market

>market plunges, widespread margin calls
>PPT gathers banks together
>"Ok guys, let's just gap this up with futures and we can ease fears about further plunges"
>"We'll continue doing this until there's good news about the economy and Corona. Investors will see the market is going up and get encouraged to get back in"
>GDP LOSS
>MISSED EARNINGS
>JOBS REPORT SHOWING Q2 WILL BE WORSE
>VACCINES DONT EXIST YET
>"Fuck..."

I think because the Q2 report showed Q2 will be worse economically, they've simply stopped propping it up.

>>19026519
>The things that are primed to pump when people get their jobs back are likely consumer spending things if the helicopter cash continues.

See here's the thing. When people get their jobs back, because they have been unemployed for so long they might be more sensitive to financial stability. So this includes trying to invest or going into perceived 'safe stocks' like many are doing right now. Which might include indexes.

The mental state of the investing generation could slowly be changing as newer folk enter the market. This is made especially more prevalent with the existence of mobile investing apps with no transaction fees and ease of entry. Which will rally the prices up further.

Basically what I'm saying I guess.. nobody knows what will happen. Consumer spending going up? Sure that's true because people will finally have disposable income again but consumer investing could also keep going up. Let's see what happens.

>>19026832
It is difficult to get out of hyperinflation historically except to change governments or ditch the currency entirely to some new stable foreign standard, if only at first. The exchange rate will almost certainly be unfavorable to your local currency holdings.
Gold is a store of wealth through its scarcity that prevents you from getting hosed in the chaos and currency restructuring. You effectively frontload the conversion.

>>19026681
I dunno. I got a 50 pack today cause this week my state starts a "mandatory" wearing the mask order. You can go without it but the gov included a little proviso; businesses can turn back people if they don't got them on. So yeah it's "mandatory". Also I gotta wear one if I go into the office.

Uhh, futures?

GUH
>GUH
GUH
>GUH
GUH
>GUH
GUH
>GUH
GUH
>GUH

>>19026882
Mohammed El-Bearian captures what’s actually happening quite well this morning on squawk, he’s got a link on his twitter but basically, we’re in a win-win situation for stocks because yes, the fed.

As long as the Fed has the full backing of the treasury and both are committed to not letting loads of companies go bankrupt curing the virus crisis, there’s actually less downside risk than most investors (with less money) believe.

That’s one thesis, at least.
>>19026806
What?
This is something for retail European traders or some shit?

>>19026943
guh yourself

>>19026943
Somebody just took massive profits from the fed scam pumps.

>>19026907
Of course no one knows. But I’m not on board with your idea that we should care about where consumers invest, I think we should focus on what businesses thrive because of where they spend.

>>19026959
It's more that there is a lot of debate about if QE hurts or helps the pain, duration, and extent of downturns (inflation to fight deflationary spirals) on the economy but the one thing that everyone can agree on is it causes inflation of assets and especially equities.

>>19026936
>So yeah it's "mandatory". Also I gotta wear one if I go into the office.
Interesting. I bet this will be the new normal.

https://www.thomasnet.com/articles/top-suppliers/surgical-mask-manufacturer-suppliers/

Never invested before. Got oil because it seemed like a no-brainer. I have about $2,500 to throw around since medical bills unrelated to covid have been fucking me. Any other industries that dipped hard purely because of quarantine that I should throw money at? This seems like an opportunity to get in the game and bounce back despite being worse for wear.

>>19026943
somebody is going to buy above market order again any moment to gap it up, just watch

>>19027030
they had ever chance to do so last night but did not.

>>19027004
Yeah that too... I’m considering buying a levered gold etf tomorrow in anticipation of Powell’s Wednesday meeting.

I need to do actual homework into what happens when similar things happened in history, even if the similarities are few.

>>19026959

>>19027024
MVIS is a sure thing

>>19027071
Yep that one. But if I wait until Wednesday I suspect I’ll miss the dip.

>>19027102
>>19027102
>>19027102
>>19027102
Doggo porn in the catalog edition

>>19026959
The Fed didn't have a choice for that exact reason, and the companies (once again) were able to play off that knowledge in advance by being over levered and using that debt for things other than organic growth. It's a shame, because the warning bells had been going off for a few years that the unraveling of the corporate debt bubble would result in exactly what we saw happening in March; yet, the companies and investors continued, and the Fed enabled them via the low rate environment. And, once again, the Fed had to backstop the resulting damage.

>>19027004
Interesting point to consider: if we have yet to cut the QE, have we yet to emerge from the previous bubble?

>>19026936
that mask doesnt even protect you from the virus. its literally SJW feel good virtue signaling. it barely stops you from spreading it in any appreciable way too

>>19027024
you are a month too late

>>19027495
>SJW feel good virtue signaling
Nah, it's good hygiene. Even the smelly asians expect eachother to wear masks when they're sick because it's common courtesy, and if you have a runny nose you don't have to worry about having snot on your face.

I think. I'm a big sniffler so I hope it solves that.

>>19026615
Um, no, retard. W/e enjoy holding CSCO bags.Fuck back off to r*ddit btw

>>19026866
What does the Polo meme mean, I must know

Why did AMD go up nearly 5% today?

>>19027786
Why wouldn't AMD go up 5% today?

>>19027988
True...

>>19026943
BWAH