/biz/ - Business & Finance

You have been in the house of crab for a month.
Did you remember to pay your rent to your crab landlord?

SHRM is love

SHRM is life

BLOOD RED

>>19159622
i've paid my taxes... rent isn't my thing... 0 debt and so fucking happy. thanks for being here.
https://www.youtube.com/watch?v=2en4ofkt1eo

MASSIVE PUMP NEXT WEEK!

>>19159654
if anybody desrves nichole kidman,,, kieth is the real deal.

which one of you was this?

>>19138918
>>19138918
>>19138918

>>19159650
shutup retard

Remember that it is illegal for the stock market to go down, and crab marked will be enforced BY LAW

Red Monday:
- Tech antitrust news
- Fed instability report and Powell's 60 minutes interview slightly bearish
- Potential second wave in Asia
- Worsening China relations
- Oil volatility before rollover

Green Monday:
- Upcoming stimulus hopes
- Continued reopenings
- Likely good Chinese company earnings
- Consumer sentiment improving
- /smg/ is mostly bearish

Crab Monday:
- Bears are still way too hungry
- Bulls are still way too cocky

>>19159654
this guy is my idol... i love this kiwi... thank god he landed in nashville.

AAAAAHHHHH

I lost $40 in PVHO after impulsively buying $200 of it 30 mins before close last friday. Should I take my remaining money out or wait for the bounce back up? I'm scared /biz/

>>19159650
gimme the Big Red, baby

not many american's look at a country music star and love him... the reason i love him is because he never forgot his roots. he's an ex junkie... i love the ambition it took on him to become the top of the charts... i love many assuies, but he's my favorite kiwi all time.

>tfw you missed out on young love

>>19159869
tfw when pol told you about incoming crash and you didnt know about tvix and puts

>>19159869
it's good until it ends, anon.

>>19159717
stop posting porn you sex-deprived freak

>>19159900
ima scoop up some realestate and start a business... im so fucking lucky.

Im afraid my yolo play on wti on friday was a mistake

>FUTURES ARE BLOOD RED
BULLKEKS ARE KILL

>>19159853
Just leave the gold futures alone, Bobo. I put everything into gold miners Friday.

>>19159844
That's what i was thinking. Surely this hasn't actually happened, and if it did good god how the hell is that not the most bearish of all possible signals you could make. 80 million barrels rolled over? silently? Yea right. And if it does, that just means things are so monumentally fucked they actually ARE worth negative by definition that nobody is willing to get it period.

How fuck is the world economy in the long term? Great depression levels?

everybody looks at vacancy like it's bad news... ii see opportunities on those signs, and ima do some paperwork next week. im fucking buying. iim giving people jobs.

>>19159920
ya i wasnt and and im pissed off lol

>>19159869
it's good stuff, but you can still try to find a woman who isn't totally cynical and jaded after having tried everything sexually and giving up.

You may have to go somewhere that has a lower age of consent or something, I don't fucking know. But everyone grows up, otherwise you'd never stop staring into eachother's eyes and fucking.

>>19159914
I just wanted people to notice the post.

Also, I think it's kind of interesting, the idea of having a woman bound up underneath her clothes as she goes about every day life? All day long she'd be thinking about you, more or less.

>>19159963
well... you can work... just understand market, this is a once iin a lifetiime shit. don't squander the only chance you get.

>>19159953
Beyond fucked. Economy is dead and zero growth since decades. But probably further inflateable with more and more debt until the boomers retire, then milenials fuck it up and RIP.

Red Monday, hard bounce Tuesday, second leg down starts Wednesday.
>t. JPM chad

This market sucks. Everything that should increase in price ends up tanking at the smallest bit of news. This is fucking retarded. My CRM calls should be reliable af but thanks to the Wu Ping cough they’re not. Fucking fuck the chinks.

iim so in love i literally don't look at other women the way i look at my gf... im forever taken...

>not being a JC Penney's tenant

unironically literally seriously ngmi

>>19159932
I'm committed to my play till it plays out, your gold is safe fren.

>>19159992
ya im trying fucked up every move so far if only i know more ea few months ago

she stole my heart... i love her so much i want to scream baggis gf has no dick and she treats him nicely.

>>19160018
how big is her dick?

>>19159953
We're at the end of a 75 year credit cycle, so it will be bad, but when the economy starts building up again, Kings will be made.

>>19159992
if i buy medium/ long term calls now will gains robin show lower?

SHORT AND STUPID

>>19160030
the key is to care, and all your dreams will come true with enough effort.

>>19159717

How we feelin' on the Biz index?

You have 15 minutes to stop me from dumping the futures to oblivion.

Convince me otherwise.

>>19160072
i may have sold a ton of gold... im far from stupid... count your lucky stars again... i donated to those faggots....

>>19160066
That chart looks made up, why should there be a 75 year debt cycle like it's a law of nature? Surely it has something to do with the actual economy and government policy which has changed a lot in the last 100 years.

>>19160128
do what everr it is you do.... i love you regardless of your decisions.

>>19160128
please do it

>>19160128
I have never won an option position. I worked rly hard to figure out CRM would be a relatively safe run up and would really like to win just this once. Please.

>>19160072
I want to FUCK a demon girl. How many millions to achieve this? 1.5 is not enough.

>>19160143
https://www.opuswealth.net/p/catch-22

Check yourself in an asylum and hang yourself you literal piece of feces

>>19160143
Read it.

>>19160103
this anon is based and smart.

>>19160202
what my robin hood looks like lol

You guys loaded up on PYPL calls last week right? Tell me you aren't gonna miss the second bounce to $160+

>>19159914
Not him, but hentai posting has been around for a long time. It's a /smg/ tradition.

10 minutes

>>19160244
pray for 1 red day for me brothers

>>19160103
well hi
Wanted to hear more about this thesis and where you derived it from

>>19160130
>count your lucky stars again... i donated to those faggots
You donated to KyoAni?

Gonna open 0.4% red according to IG

>>19160266
who trusts a woman with glasses and handcuffs... i could oover power her...

>>19160263
There will never ever be a red day.

>>19160233
This weird hater is VERY new and I'm not sure if he actually invests or just comes here on breaks from redd!t

>futures opens in 5 minutes
POOOOOOOOOMP

will tomorrow be a green line go up day?
planning to buy some stonks

probably futures negative then we rally all day
that's how i envision it

>>19160266
she isn't even attractive... she's lost her ambition to fill jobs... you're the loser

>>19160290
shut the fuck up your a red tard there wi
ll be alot of red days

>>19160284
I don't think she's supposed to be the domme. You're supposed to overpower her.

ima put it all on /vx
https://www.youtube.com/watch?v=jsoOtwPXpGE

I'm scared

>people talk about market open
it's just about sleep time, retards

wondering how these guys are going to fuck me over this week.....

Explanation of whats happening:
2008: Banks were greedy and laws were bad. Banks would give loans to bad debtors (mostly poor homeowners, but also a few businesses like airlines and car manufacturers) then turn around and sell that bad debt as "good" debt. Then everyone found out that this debt was worthless and there was a desperate struggle to reclaim losses, if any. However, home owners were not bailed out, while banks and business were. What did this mean for business? They could do anything! Welcome to "too big to fail" economy son!

Now companies found they could pump up their numbers with buy backs and loans, sending their valuation sky rocketing. And since interest rates were effectively zero, banks were happy to keep giving out loans. Banks don't make any money holding on to money, they make money on interest, so to the banks, more loans = more profits. First it was only large business with real assets taking these massive loans and pumping their numbers. Then banks encouraged smaller and smaller businesses to get massive loans. Who cares if some go under when you've got thousands of loans all safely paying you a nice interest? Nobody even thought about paying off these loans and the bank didn't care either, as long as you paid interest. If you needed money, just buy back some stock and get another loan!

two minutes guys. OOOOOOOOO? AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA?

>>19160365
Didn't even read that shit.

Just tell me. LINE GOES UP OR DOWN??

>>19160365
Fast forward to now. A decade of circular loaning and pumping. FED tries to raise rates and the market FREAKS THE FUCK OUT! How can we get new loans to pay off old debt if the new loans cost more?? So they start bringing rates back down. Rona comes in and disrupts business. Suddenly, people can't pay those high interest loans, even the big boys. Every company is so leveraged up and bloated, they literally have no money to pay debts. As valuations plummet and profits vanish, everyone starts panicking.

This is where the FED steps in with major repos and unlimited QE. They start buying worthless debt directly, pretending that they will be paid back later. Liquidity restored! Hooray! But what about the bad debt? Obviously these companies can never pay back the FED, and they will continue to need loans indefinitely to survive. So what happens? The big crash happens. Companies are so massively over valued in the market its complete unreal. Businesses will be torn to shreds as banks and fund managers desperately claw at any penny they can recover. People will lose jobs and this will cause a secondary crisis in the consumer sector, people can't pay mortgages, loans, credit cards, food, nobody is going to be buying new phones and TVs anymore. Here comes the Great Depression of 2020/2021

In the end, businesses used circular loans and stock buy backs to achieve insane valuation, now we will spiral down as businesses start crumbling and people can't don't have money. This is why the FED and the government are panicking. If low interest rates and unlimited QE and 5 trillion stimulus is so good for the economy. why didn't we do it before? Because they aren't good. Nobody can stop it. Its coming, so get ready.

>>19160152
Why did you chose CRM? Growth was already slowing down before the pandemic struck.

LINE GO DOWN

LINE GO CRAB

crab futures

fucking crabs

it will go up all week
who cares about literally the most ded hour trading

POGO POGO POGO POGO
BOUNCE

>VOLUME

>>19160266
unf, hot.

Green futures. Fucking bobos, i told you. never ever red again.

OH BOY another week of everything crabbing but amazon, facebook and apple

Futures: OPEN
VIX: 0.00%
>VIX: 0.00%
VIX: 0.00%
>VIX: 0.00%

NEON BLACKKK
THIS SHOULD BE ILLEGALLLLLLLL!!!!!

IS IT EVEN _____ ?

>oil going over 30 dollars a barrel now
Excuse me?

>tech companies holding up the indices are at ATHs or close to it
>he thinks we’re gonna hit 3000 before 2400
ngmi

>>19160381
i didn't agree with keynesian's eiither, but embrace it... you play the hand you're delt faggot.

>They try to beat the crab
SNIB SNAB MY BROTHERS
Where my option writers at?

>>19160458
June contract expires the 19th.

>>19160466
Why would anyone sell the only companies which are doing great right now? FAANG will bring SPX back to easily.

>>19160445
Because somebody offloaded 360 at 286 like a fucking chad, I pity whoever longed there

>>19160471

please dump back to 279
Thanks

>>19160457
fucking saved

>>19160021
Sadly it's going to be a commercial REIT.

>>19160458
It feels good,

>>19160485
2 days, 19th is settlement so in essence like 1 and a half days. You telling me they are ready to take 80 million barrels for over 30 dollars right now? Maybe it was an idiot buying and the rest are gonna dump now.

WHO JUST GOT WRECKED ON LONGS

>>19160458
>>19160485
Who the fuck is buying oil contracts when they are about to expire?

>>19160384
>embedded into a lot of fed agency ops
>increase in large enterprise customers, protecting against losing small business customers who go out of business during the wuflu stuff
>workforce and company ops basically not impacted by the lock downs. Even told ppl they could work from home indefinitely if they wanted to.
>niggas bought fuckin tableau. Great additional revenue stream
>sound and promising 10K
Of course nothing is guaranteed. But they just looked like a solid play. Plus I work in the industry and think that cloud computing and SaaS platforms are gonna thrive during and after the lockdowns.

more like
more like JC penny stock

>>19160457
source?

VIX going up
Uh oh

>>19160449
>He strangled?
>Drop off the volatility to zero

FUTURE IS BLOOD GREEN
>FUTURE IS BLOOD GREEN
FUTURE IS BLOOD GREEN
>FUTURE IS BLOOD GREEN
FUTURE IS BLOOD GREEN
>FUTURE IS BLOOD GREEN
FUTURE IS BLOOD GREEN
>FUTURE IS BLOOD GREEN

Monday is coming

Does oil crash this week or is it too late? Don't tell me I missed the march dip bros.

reminder that the March crashes were just algos shitting the bed and the recession hasn't been priced in

I just checked the pastbin from OP

>Degiro (Cheap broker for Europeans)
>2nd cheapest platform for Europeans

What's the 1st?

>>19160384
>>19160525
Also they’re below ATH and undervalues according to a few analysts. Even doomer Sachs said they’re worth at least 192.

>>19160520
>>19160524
It's mostly retail at this point running off at their hype/hope with stuff opening up. Inventory, however, isn't solved yet and obviously the demand for oil isn't shooting up any time soon. So yes, expect oil to crash once Tuesday comes around.

>>19160521
ok i have been trying to figure out if i buy long term/medium term calls will the possible gains the robin hood show change can they change some how, get lower?

>>19160381
Smooth brain here, how do you suggest one get ready?

>le stocks must go down because i think so and i'm smarter then everyone else and everyone is wrong!

It’s literally hemorrhaging oh my god

>>19160590
Yes.

>>19160266
>Wanted to hear more about this thesis and where you derived it from
Just economic knowledge I've picked up over the years.

its going to break out but to which direction

>>19160578
idk but the list should be updated, I think 212 and etoro deserve to be on the list

>>19160562
>boboberry

kino

>>19160620
right up your ass

WTI Crudes green. Tankerbros BTFO

>>19160620
i have a firm belief that it'll go right

>>19160585
Don't rely on dividends. Shift portfolio to things better suited for depression (utilities, food, healthcare, bonds) or hedge with covered calls or inverse ETFs. Pay of all debt possible. Reduce spending.

This is so fucking grim I wish I sold off completely Friday

...haha..the market goes up the, market goes down prices prices numbers futures
FUTURES
FUTURES
PPPPRRRREEICES

>>19160531
I forgot the title, but it was NTR doujin

>FUTUURIT OVAT VERENPUNAISET
>FUTUURIT OVAT VERENPUNAISET
>FUTUURIT OVAT VERENPUNAISET

>>19160585
1: Secure long term food and shelter
2: Secure protection/weaponry
3: Secure gold/silver or spices if shit really hits the fan
4: Secure knowledge of technology, because if things go poorly and civilisation breaks down, it sure is handy to have the knowledge required to restore it.
5: Don't fuck up the next civilisation, dummy, make sure it can last for long enough to allow us to go to space, or at least a thousand years.

>>19160645
>WTI
Who cares, where my fucking natty gas bros at?

>>19160513
>>19160581
Well, volume is only 0.007% atm, means nothing so far. And the open interest has finally come in....55k. 55 million barrels still need to find a home. 2 days left until contracts expire. This is going to be one hell of a ride.

>>19160645
I am going to laugh at you by the 19th on, if not tomorrow or tonight.

come on futures go green

>>19160682
fucking nat gas is like silver I cant trade it for shit

>>19160581
>retail
Is it really? Does retail actually buy the futures contracts? Sure, they buy USO, but the futures? If retail is holding a large portion of oil futures There will be tons of retail that hold and not realize they are about to get fucked. The contracts will expire and it will cause a legal an financial mess when retail can't pay the contracts.

>>19160702
RED LINE GO DOWN

Buy every call and put on a stock, easy monopoly.

This shit easy, dunno what y'all are always stressed about.

>>19160682
41 shares of OKE right here. Am I gonna make it or are they gonna cut the dividend and tank it again?

Hey look retail is the only sector not short

Anyone else see the goldman sach's dump caused by Buffet?

This account tweeted it out before market close:
https://twitter.com/unusual_whales/status/1261385751784128512

Thoughts?

>Please note: the Crude Oil WTI contract rolled over on May 17, 2020 to the Jul 20 contract
I thought they didn't expire until the 20th?

>>19160021
Anon let me ask you, since JCP is going to chapter 11 bk will NYSE be kicking it off to OTC markets?
I am seeing this FUD non-stop but it sounds like its not very likely
I'm pretty sure its not going to bounce but surely it wont be delisted either? I think its just going to dip hard

Thoughts on paypal? Is it too late to buy

>>19160804
Why on earth would you buy something after it has already mooned?

lol

>>19160788
it's jewish trick to announce it in the last minute to trap the short sellers

>>19160804
>Thoughts on paypal?
Visa and MA are better

>>19159593
reminder that you arent really bogpilled unless you invest in silver

any socks you guys think are a good hold right now?

>>19160788
>>19160827
Is that legal for one, and for two isn't that beyond bearish to say "we have literally NO buyers"?

Gold to 3000 in 1.5 years.

>>19160844
sockless is the future

>>19160825
>Chinese spyware
>CEO Chinese national, used to work for Cisco
>P/E over 2000
lol

>>19160877
yikeroo

MONDAY WILL BE GREEN
MONDAY WILL BE GREEN
MONDAY WILL BE GREEN
MONDAY WILL BE GREEN
MONDAY WILL BE GREEN
MONDAY WILL BE GREEN

>>19160804
paypal still has strong upward momentum, going to break new ATHs this week IMO

>>19160788
So I should buy puts correct?

>>19160825
they got the backing of the CCP guaranteed

Damn, I was hoping for some action on futures before bed. Oh well..

Is it better to sell options at open or midday/before close?

>>19160768
I don’t understand how any retail investor can look at that and not sell immediately. The whales are going to make it dump again.

>>19160919
I honestly don't know what it means. I'm not touching that shit.

>>19160916
>FUTURES ALL GREEN
>FUTURES ALL GREEN

hahaha, where's the Monday crash bobo?

Oh I guess you were wrong again! Better get out of those shorts before they are all worthless ahahahaha

>>19160919
the truly ballsy move is to sell naked calls (if your broker will even let you)

>>19160946
>retail
>look
That's why

>>19160942
I dont have good answer but I remembered nice quote "Amateurs Open, Professionals Close The Market"

>>19160939
No movement before Powell at 7

>>19160830
kek have you finally figured out a way to profit from your schizophrenia?

>>19160768
this is the current COT?
That's fucking wild... but it only reflects positioning from tuesday's futures, but DAMN

>>19159833
>pvho
>$200
what price did you buy ?

>>19160768
MUMU GOT TOO COCKY SO THE BOGS STEPPED IN LMAO

just want to cut even then stop all this /biz/ for a while...

Hmm, sell MRO and take my gains then dump almost all into more GE at these low prices. MRO & GE stock are trading pretty close. GE's still forking outta that divvy, MRO ain't. GE's raking in money via Healthcare, Power,etc. MRO, well, any profits they get won't happen till Winter so the stock could tank before then taking my money with it.

>>19161078
Man I hope I age as well as this dude has

Here it is ladies & gentlemen.

The second biggest short play of the year is about to commence.

We have a H&S on the daily with price action neatly contained within a bearish rising wedge (pink) since MAY 13 overnight session (the bottom 2HR chart).

The bearish rising wedge termination appears to coincide with the right shoulder of the H&S pattern. This puts ES price around 2870 to 2880 area.

2880 was a very important price level two weeks ago.

We have Fed Chair Jerome Powell's interview with 60 Minutes on CBS airing on 7 pm MAY 17, or this Sunday night.

The smart money has finished unloading their stocks onto the public as proven by the explosion in new accounts with TD Ameritrade and Robinhood since the corona virus depression began. The average joe has been suckered into the market and unloaded on.

Check out this tweet - https://twitter.com/MidwestHedgie/status...... - this is proof of the huge increase in DART (Daily Average Revenue Trades) by retail folk.

Smart money will now commence the next leg down and all the blame will be laid at the feet of Jerome Powell and the Federal Reserve for this interview airing Sunday night.

>>19160942
sell on open
hold if it dips and theta isnt an issue

>>19160877
I have to admit, those are some really nice feet.

>>19161119
ok doomer

>>19161119
didntreadlol

>>19161119
>all those Joes bought the junk the big banks and mega-funds were holding
>implying that the Joes did not just buy Ford and Tesla stock like retards

>>19161170
Stay poor with your 5 figure account faggot

>>19161206
yes wannabe rich larper. lets see how this week actually goes

>>19161206
whatever, larper

>>19161119
>Check out this tweet - https://twitter.com/MidwestHedgie/status...... - this is proof of the huge increase in DART (Daily Average Revenue Trades) by retail folk.

>futures are green

fuck this gay earth

>>19161119
Powell interview would be priced in right? Heaps of people already know what he said.

>>19159646
Based all these boomers will only invest in it once cramer tells them to.

damn bros, FAT fuckin resin harvest today

>>19161297
It's gonna come down, even Jerome said there will be massive delevraging.

AAAAAAAAAAAAAAAAHH FUTURES ARE BLOOD GREEN!!!!

>>19161320
This. I was seeing excerpts and quotes all over Twitter this morning.

Futures are up. All aboard the SPY $300 train.

You cant stop the fed. They only win.

>>19161260
Yeah I brought this to attention recently but ma bois were quick to remind me that trade volume doesnt necessarily mean longs only
It rather predicts shakeouts for both directions

BEARS ETERNALLY BTFO

>>19161119
>We have Fed Chair Jerome Powell's interview with 60 Minutes on CBS airing on 7 pm MAY 17, or this Sunday night.
BULLS
UNLEASH THE BULLS

THERE WILL BE MILK IN THE PROMISED LAND
MOOOOOOOOOOOO

>>19159922
Please tell me you shorted. We’re about to spark negative oil rates this week. If you went long I’m sorry for your loss.

>>19161382
No its fuckin not. They can't afford for it to go down. Their entire existence relies on it going up...and if it goes down, theyll pump it to make it go up because once again, they have everything to lose by it going down. This calamity will create so much fucking debt and inflation it wont matter.

People think stocks are going up when its really just their buying power going down. But at that point it doesnt matter now does it?

Who else will be loading up on puts on Sorrento?

>>19161425
well I bought low 20s puts on july contract but Im currently duying and am unsure whether whole market lacks at least double digits IQ or Im just stupid to think oil goes below 25 again

>>19159717
Fuck off..

>>19161425
If oil is going to crash like it did last month, why are people still buying oil futures?

NEW
PARADIGM

>>19160466
haven't seem those comics in many years

Bullish for apple?

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

going up up up bulls!

it's so easy to make money in this market, just buy the dips, that's all you have to do

stupid bears can't seem to comprehend this simple strategy

Jerome isn't priced in I see. People running futures up on hopium he will do something more. When they find out shortly he won't, we are going to see big dumps. Buy the rumor, sell the news. Especially if the news is a nothingburger.

>>19161462
Its not. Oil is pumping. Up 3% already adn were 2 days from expiry.

>>19160830
you're beyond retarded

>tfw shorts got literally fucked last minute

again?

>>19161436
>They can't afford for it to go down. Their entire existence relies on it going up...
How do you figure?
Stock market gains don’t matter if everyones unemployed, they’re focused on keeping everyone from going bankrupt all at once.

>>19161447
Betting against memes is just about as dangerous as betting with memes. You got level 2 or something to see the order flow or whatever? I’m not convinced it won’t just get MORE hype. Maybe this week Fox business wants to put them on and they’ll get another pump. Hoping injections do support fox’s agenda just as much as everyone else, if not more.

>>19161473
Welp, ball's in your court, Apple; are you going to sell new iPhones for $5,000 a pop or not?

>>19160645
It’s going negative this week. Feel free to long it with your life savings. Don’t forget to livestream the end result.

>>19161464
>end of buffet era
>will be bred out from demographic shifts
Excuse me, I didn't say anything and am happy liberal who believes :)

>>19161464
new paradigm was buffet buying shit at the top in 2019 saying FED market policy is new way forward but its not sustainable long term

>>19161473
new cold war will offer many opportunities for puts. cold war make be a hyperbolic term. there's much less likelihood of nuclear war. and the ideological gap isn't quite as larger either. but the sino-american rivalry - whatever you call it - is going to fuck a lot of companies up

HEY BOBO

ARE YOU OK?

HEY BOBO

futures going to the moon! stocks only go up! fuck bears

OOOOOOO

>>19161447
SRNE is consolidating at the 38% line, I'd be careful about going short on it yet. Then again I don't fuck with pumps until after they've consolidated for a few days its just too risky on both sides.

>>19161436
No, they love it when it goes down, they win bets plus they get to buy stocks cheap. During the deleveraging, bankrupt companies sell assets for dirt cheap, corporations and capitalists eat it up. Why do you think everyone is still holding cash.

>>19161473
>apple faggots btfo
>announces that the investigations will be corrupt and baseless
based

bunny?

>>19161532
Are you blind? oil futures were rolled forward to July, there is no catalyst for oil to crash down as the economy is opening up.

>>19161519
Because who owns the fed? Banks?

They are going to protect their stockholders. Whether we like it or not, a conversation will happen on how to protect banks and not the American people the American people dont own the fed.

Banks need to protect their loans.

>>19161616
>jacking off to cartoons

ISHYGDDT

>>19161620
>there is no catalyst for oil to crash down as the economy is opening up.
there is one, and its the one that crashed prev month. As long as you have 100 barrels of storage and 101 barrel to sell - the 1 barrel difference will be determing price for 101

>inb4 last second midnight reversal and then plunge into the depths of hell

O-oh no the futures are green whatever will I do its all up from here AHHHHH

OH NO... BOBO ARE YOU ALRIGHT
ARE YOU ALRIGHT BOBO

>>19161639
You should get good at drawing porn now, once society collapses most women will be in the harems of the warlords, and no internet means you'll have to make your own porn.

>>19161462
They have a shit load of barrels still waiting on contracts with no time left to sell. Then how many of those already sold are going to be able to accept delivery of said oil? This is the exact same situation as last month when it rode down to -$37. I can’t imagine even the most ungabunga brain dead retard being bullish on oil in the short term. The stupidity would only be rivaled by those who think tankers run inverse to oil.

Has weekend futures been accurate going into Monday these past 2 months?

>>19161639
i have done that. didnt expect to be judged for it on an online anime image board.

>>19161616
Based, I love jerking off to cartoons.

>>19161620
You consider having to roll it a month ahead to try to dodge a crash as bullish? Come on now.

This is looking extremely bearish, with a bearish rising wedge, its breakdown, decreasing momentum and volume and a H&S pattern, /bizfrens/.

>>19161679
>The stupidity would only be rivaled by those who think tankers run inverse to oil.
lol, beautiful
I dont expect negative oil desu, Id be really surprised if we get below 10. My only worry is exchange allowing delivery 3M from now

>>19161620
Investing.com is the only place I see this. marketwatch is showing June futures and saying June is front month still. I also see no article or source on the web claiming futures rolled over early.

It is fully possible investing.com simply decided to refuse buying or selling June contracts as a broker, and it is how I am taking it to mean. If brokers are refusing to let people buy June futures, then that is VERY telling.

>>19161650
Just try to find a single source saying futures for oil have rolled over, there isn't any. This is something as far as I can tell only involves investing.com, so don't worry.

>>19161679
To be precise, they have 55k open interest, 55 million barrels left going into trading today and tomorrow. The crash in April happened with 3500, 3.5 million barrels left. I don't think it is likely we will have less or equivalent, we will have more which spells even greater disaster unless daddy trump buys like 30k or something.

>>19161696
yes, bears will be cucked yet again

>>19161717
TA is bullshit

>>19161620
86m june barrels are still being held by purely retail. It's going to crash, nobody's buying and nobody can possibly received the oil if they haven't struck a deal last month after oil went negative, smelling the opportunity.

>>19161736
so youre saying its bullish? can we quote you on that?

>>19161650
June crudes futures are delisted. Even if it crashes to the negative, nobody will know and nobody will care except the physical traders. The jews are one step ahead as always

>>19161696
Generally yes, over 2/3rd of the time.

>>19161736
"TA is bullshit" is something only poorfags say

>>19161748
Quote me on this: the stock market looks BULLISH to me

>>19161777
If you could consistently make money on TA, someone would have become a billionaire off it by now.

>the futures right now

CSCO calls?

REMINDER: your "weekend wallstreet" shit was bullshit and irrelevant yet again!

>>19161616
>161616
>triple 16's
BASED BASED BASED
and checked

Have some bunny cunny!

>>19161639
Thank you for policing his sexuality so the rest of us don't have to, and can go about our business. You're the real hero here.

>>19161807
hold up master bear, Jerome is about to go live.
Dont give up yet.

>>19161796
Just because you can make consistent money on it doesn't mean you can make >100% a day on it. Playing 3bar alone can easily result in making 5%+ per trade on average, but a trade might last a week and you might only find a good entry once every 2 weeks on average.

>>19161725
Futures contracts have delivery terms, most are within a month of expiration. Unless you set up some non-standard agreement with the source I highly doubt they would go against the terms in the futures contract spec.

>>19161853
If that were true you could just automate that and collect money. People smarter than you sell TA algorithms to banks and none of them are close to being worth 1/100 of what Buffet is worth who just buys and holds stocks and invests cash in capital that generates cash.

>>19161796

>>19161853
>doesn't even know exponentials
>thinks he can lecture me on scribbles and hindsight

I found who is buying oil. Just watch the comments being posted here and laugh.

https://www.investing.com/commodities/crude-oil

Good god, all retail, all talking about oil futures, all BULLISH. They are actually believing this week will close above 40 dollars, holy fuck we are actually shorting real people right now, with a straight face and with absolute ignorance about everything in the sector they discuss about buying right now. I am astounded and not even going to warn them. Just gonna watch this play out.

F

Futures apparently expect an attempt at 3000 party hats tomorrow.

>>19161930
Your not taking into account all the tops piling every string possible to not have negative oil this month. Also this is clown market, expect the opposite. I think oil will just follow the market untill the rug is pulled on the market.

Y’all ever jacked off so much the inside of your chest feels cold and empty? How do degenerate coomers do this? Is it because I believe in the existence of a soul, I can feel my soul aching?

Perhaps atheists are able to easily sink into degeneracy much easier since they never realize they have a soul

>>19161891
You can automate that and collect money. You could say the same about pretty much any strategy, regardless of if it's based on FA, TA, something else, or nothing.

>The futures
You take the torch from us crabs, Mr. Bull.
We did our part. Now you do yours.

>>19161901
>I can’t tell you my precise track record since then as I stopped keeping track of it. Put it this way: except for a dip in 2008, my net worth has gone up or remained stable. And that’s after paying the rent, putting food on the table, putting four kids through private schools and university, and indulging in vices like latest electronic gadgets and expensive cigars.

So he got a few years of good gains due to luck and a bull market and then nothing

>>19162018
ya it corrupts your whole body like the bible says

the way you can work around it is try to not cum and just edge a little bit and stop. atleast you preserve some of your life force

Matthew 6:22
The light of the body is the eye: if therefore thine eye be single, thy whole body shall be full of light.But if thine eye be evil, thy whole body shall be full of darkness. If therefore the light that is in thee be darkness, how great is that darkness!

>>19161796
Ray Dalio used TA and FA, he's worth 18 billion.
https://www.ofeed.com/Star%20Traders/Ray-Dalio-The-king-of-the-rich-hedge-fund-industry

>>19161934
Who cares? 80% of Apple's value is their brand.

>>19161796
the ones who are succesful don't tend to share their path to succes, bud. Makes it too easy on the rest of you lot

>>19162011
We were supposed to pull the rug this fucking year or next year after Trump got re-elected to pull the fucking debt back in and prevent a liquidity crisis, but the virus has done the opposite.
We've been over-due, so are we going to get a second crash this winter when the virus returns and the FED won't pump the economy as much?

>>19160381
I'm holding gold, cash, canned food, and flour. Up to about 50kg of flour so far.

>>19161473
empty threats from weak, cowardly and over-sensitive china as usual. fuck them. fuck the chinese.
i dare them to actually push apple around, please force apple to relocate to india.

>>19161796
You can quantify that both TA and FA work over the last 90 years of the market with extremely high success rates. TA isn't as crazy as it sounds when you have an actual charter explain it you.

>>19162011
There is but one problem with your post. Oil contracts aren't pure speculation like stocks are. Oil contracts are speculation until rollover...which becomes delivery. 55 million barrels are uncommitted right now. Retailers can't hold them so have to sell off to people who can at the end date, which normally is okay and they greedily accept. however, all big players aren't trading June contracts anymore. No one is there to BUY these contracts from retail traders. Retail traders can't accept delivery. They will be looking for big people on the last day to hand off the contract to since it isn't paper trading that can simply rollover....and they will be unable to sell, dropping the price down HARD.

So it doesn't matter who is trying to spread news about oil, nor if this is a clown market. Because this is real product, with real money, with real delivery, which needs real storage. This week. not months or a year. This week. In 2 days. There is no room to clown around anymore, all these people are FUCKED when Tuesday comes and they are holding and get forcibly assigned to a seller of oil and can't take delivery, forcing them to dump if they don't dump sooner knowing this fact. Either way, dump must occur. If you can explain to me how all this oil will disappear, magically, with cost to no one for the month then I will accept the thesis that oil could go up by Tuesday and remain up.

>>19162067
He uses FA, not TA. TA was added by whatever retard wrote that blog.

>>19162082
More likely they get bogged and go bankrupt and need to work at walmart

>>19161796
bruh, I've been able to quit my job after learning TA and applying my niche in the market its not impossible just difficult. I don't really care if theres billionaires or not. There are certainly many millionaires though.

Hope DIS falls below 100 so I can buy more.

> the name of this thread

you guys are all retards

>>19162156
You missed the boat. DIS will never again be below $100

>>19162067
>however been able to use technical analysis to identify mispriced assets based on fundamental information
It seems to me that it's a misuse of the word "TA". It really doesn't make any sense in this context.

>>19162160
threads don't have names, they have subjects

>>19162160
What are you gonna do about it?

>>19162125
You can use economic history to justify anything you want. You can 100000x your portfolio if you already know what a stock is going to do at the time it does. You're not going to be able to premonitioning the stock move based on volume and price is impossible because you don't know why that volume at those prices were actioned.

The most valid TA concepts are ones like support which you can find actual evidence for, not candlesticks and chart patterns, literal bullshit.

>>19162140
Post your brokerage account holdings with a timestamp larper

>>19162199
post bad reddit memes.. don't underestimate me

>>19162207

TA has some value because a lot of people believe in this shit and act according to it. That's why you can predict some things on the market like support.

literally everybody is predicting a terrible week.

But its going to be green...which means nobody on this board, and no amount of retail investors matter. This is institutions protecting institutions. You and every American combined are not bigger than their pocket book. 100 years of manipulation. The buck doesnt stop here.

kek

>>19162129
Not saying your wrong, Let me ask you this. Why did Saudi Arabia just pick up a fuck ton of BP and SU?

>>19162279
Lol no

>>19162245
Jesus Christ Bobo, just take the market instead.

we'll hit 2890 before it even thinks about cooling off.

>>19162279
Why are futures green if everyone predicts a not so wonderful and very green week?

>>19162289
Why does anyone do anything? Its a gamble.

Have the Saudis ever done anything right other than just happening to live on top of massive oil reserves?

>>19161063
Around 0.0075

>>19159869
Dude what anime is that

>>19160640
By the Light
Come with me
Let Bobo show you the way

>>19162365
Clever enough to bankrupt American shale at warp speed.

>>19162326
I am expecting the 3000 party hat attempt be made. If that level can be reached it will turn some fence sitters like me back in to risk-on bulls temporarily and buy a few more weeks of stability. Maybe. The tricky bit about this is tech being overbought and about due to enter some kind of retrace and consolidation.

>>19162354
I dont know. You tell me? Fundamentals are inherently terrible. And I mean ALL TIME TERRIBLE. LIke, out of this world terrible. 36 million unemployed? LOL, were not getting out of that hole for a while. And TA is rolling over and looks to be ready for a mega dump. So concensus is were going to dump....

But, it goes up...i dont know why. It goes up. Just like Bitcoin. It just prints and someone just keeps printing. Maybe you can use your big brain to figure out who has the most to lose by it going down?

>>19162384
Misaka best girl

>>19162384

>>19162133
Ray Dalio loves using charts, I'm sure they are incorporate elements of TA.

>>19162425
fundamentals don't matter and they never have mattered in the past

>>19161736
Could TA be mostly self fulfilling? Imagine if people normally traded based off certain marker that essentially makes them follow a trend even if there's no underlying reason to

>>19162410
Fucking kek

>>19162289
Question. Is it possible to distinguish them longing it from shorting it? Do you know it is in fact longs?

Furthermore, who says they won't dump it? Or perhaps they expect a dump and want to buy more later DCA'ing down and own a good portion of the company. I can make up any bullshit reason why they would do that, but what I can tell you is when brokerages are delisting June contracts that means they don't want their margin money anywhere near it because they think they won't get it back. That is unprecedented in commodities trading for oil afaik. Brokerages and banks don't just refuse or discourage loans for no reason.

That is my counter argument. That, and the volume is July futures 11k and June 1k so far. Very, very poor sign. Especially with 55k open interest.

None of the bears ITT have any patience.

How can I bet against this oil future crash?

>>19162140
Wtf is TA

>>19162503
Total annihilation

>>19162471
TA is a illiterate retail trader thing.
Not enough people with money are using it.
There are also many different kinds of TA. Forget about it. It just doesn't add up besides some very simple support concepts.

>>19162500
Shorting Oil CFDs

Some anon turned 600€ into 120,000€ in the last crash.

>>19162500
Buy puts on opening

>>19162503
technical analysis
aka drawing meme lines on charts

>>19162503
Taiwanese Assistant. It's a software.

>>19162503
toyota avalon

>>19162503
Technical analyses.
It's the line drawing and mathematics on the price charts.

>>19162555
An anon after my own heart. Checked.

>>19162384
>he hasn't been watching misaka's show

>>19162568
the brokers struck down on that, you won't be able to trade CFDs in the near term

>>19162492
A month ago I’d agree with you, nothing you say is wrong. But this is clown market. I swear the only reason fed is pumping is to destroy retail calls and puts, I think that’s their answer for the liquidity crises. Subtract it from retailers. I see nothing that indicates otherwise.

>>19162468
Honestly, im in the boat that this isn't a bull run as much as its massive inflation of all resources and assets. The devaluing of the dollar so much that you just need more dollars to buy the same finite amount of shit(aka stocks)

Fucking stop, I missed the dip and I want more cheapies !

>>19162503
Occult witchcraft and wizardry.

>>19162239
I'm not posting my personal account on a mongolian throat singing board. What do you think the stock market is? It's a bunch of algorithms determining price action that generally follow predictable patterns. Do you think professional day traders/swing traders are just not a thing? Look up Raging Bull, that's where I learned to trade from $10k to about $160k currently. Don't really care if you believe me or not just stating facts there are people who make a living on TA myself included. I'm not always right using TA but I'm right more often than I'm wrong which is all that matters.

YAMATE!!!!!!!!!!!

>>19162500
Short tanker stocks. Buy oil stocks. I think its going to come down a bit but idk how low. They got stung pretty hard last month and everyone couldn't wait to cut production.

>>19162503
For Traders, or just read the intelligent investor buy Johnson and Johnson stock, and go to your early bird dinner.

Hmm, DIS re-opening parks. Ok, Texas is re-opening and they're seeing spikes in virus infections. Seems the same would happen at the parks. News leaks. Stock tanks. I strike. Good plan I right.

>>19162782
>>19162782
>>19162782

thread

>>19162782
>>19162782
>>19162782

>>19162782
>>19162782
>>19162782

new thread

>>19162782
>>19162782
>>19162782

>>19162782
>>19162782
>>19162782

>>19162782
>>19162782

NEW NEWE NEW NEW NEW

>>19162781

>>19162781

>>19162781

>>19162781

>>19162781

DKNG Puts

>>19162672
>It's a bunch of algorithms determining price action that generally follow predictable patterns
>predictable
There's your mistake. It's also not only that. There's also a lot of other stuff going on. Half of all trading volume is traded in dark pools. Market makers buy from and sell to dark pools/nasdaq/nyse/... how you like and need. It's a giant mess which creates a lot of 20/20 hindsight.

>>19162789
lol. within three seconds. I'll delete mine.

>>19162816
sorry !!!!
yours is cute
big witch hats are a love of mine

>>19162245
Please don't do that.

>>19161717
Looks just like the pattern before the Feb dump.