/biz/ - Business & Finance

Spy 300 is guaranteed Tuesday

No fun allowed. And no Annie May either

>>19285787
Party hats!

What do you do when your money is all in HK shitcoins now that ww3 is pretty much confirmed

>>19285804
invest in israel

>>19285804
Have you considered an exit? Like wtf nigger. Just sell the shit and buy something else. Literally just press the sell button lol.

>>19285812
OUT OUT OUT

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

>>19285768
the henny links aren't an own, they're fun :(
I don't even like hentai that much, am I a brainlet for thinking it adds "flavor"?
>>19285787
When we hit 3k the ding ding ding will be that fancy Italian restaurant (again...)

The account minimum on a brokerage account only applies when opening right? I don’t need to KEEP it there monthly or something stupid right?

Let’s say it’s $10,000 to open an account but somehow I lose all of it and only have $100 left. Will I still be able to keep the account and use it without issue?

>>19285828
Yes I've heard of sky trumpets and the like, very mysterious

Short retail or commercial real estate?

>>19285804
https://dlc.socgen.com/en/product/terms/code/CPSW

>>19285846
There are typically margin requirements based on the value of securities of an account.

>>19285837
Tell me your tale Duck. Tell me something about yourself

convince me not to go on this wild ride

>>19285769
Is that a namefag? I mostly lurked /smg/ on and off through mid 2019. I only started posting in early March when I kept seeing wrong shit, and I was done watching /cvg/ from Jan & Feb.

>>19285846
I'm pretty sure those are just for opening, unless you're talking about trading on margin in which case dropping below the requirements results in a margin call. Which brokerage is it, TDA doesn't have minimums for opening

>>19285876

>that weird McDonalds meme

W-what the fuck am I looking at..

Did your brain go funny and stop working?

>>19285873

i bet on htz not going bankrup and i lost.
if it will be above 1$ by 29 i might still get something back

>>19285874
Now THIS is meming

>>19285898
>W-what the fuck am I looking at..
I dunno. I grabbed it because i liked it enough in December for some reason or another, and it has a bunch of namefags.
>Did your brain go funny and stop working?
only after seeing that brapper. Still dunno who this Ciz character would be.

>>19285873
TQQQ, TECL, and SOXL are probably heavily correlated. Why not just simplify it to the best performing of the 3?

>>19285932
they are correlated but they are different. it also allows the trader to mitigate the losses if he chooses to do so

>>19285904
It all depends if you think the macro trends post-2008 will continue during your time frame. Remember, the last eight years may not be representative of next year, the next eight years, or the next 100. What would an equivalent portfolio have done during the 90's in Japan? That being said that's fuckin based, do it

I hate to sound like a shill but check out Northern Data AG.
It’s a German mining rig producer and they use a unique cooling technique and have large international partnerships.
I bought their shares for 18€ last summer and already 3x my cash. Bought some more in January and doubled that, too.
They are still at a low market cap but they will moon given their competitive advantages.

>>19285898
That meme was made fall 2018, it's a normie meme but it's meant to show the personalities of thred regulars.

>>19285904
Consider adding one share of Microsoft for FAGMAN.

Best

>>19285952
im thinking i might do it. what other strategy can potential make 1.5mil in 10 years? I cant do that day trading, id much sooner blow up multiple accounts.

the way i see it is that the indexes for these etfs are likely to continue improving over time as they have in the past, that is all that is required.

I think the trends would continue simply because of the nature of the world, unless there is a nuclear war or something horrific, why wouldnt tech continuously improve year on year?

>>19285948
My point is that that isn't really diversifying and most of that is already encapsulated in TQQQ given its breadth. It might be nice to give a small sliver (~5-10%) to something anti-correlated to the market as well like TMF. The 90/10 stock/bond split has been empirically found over and over again to give slightly better returns on average over 100 stocks. It could also be something to ease into when interest seem like they are going down.
But these are nitpicky, I intend to do something very similar myself.

>>19285876
I'm so glad nearly everyone in that got rekt and stopped posting here.

Fuck tripfags, jannies, and transexuals.

>>19285986
>the indexes for these etfs are likely to continue improving over time as they have in the past, that is all that is required.
If there's any argument, it would be that by the nature of the indexes, they should grow nominally with inflation at a minimum. Additionally, the low rate environment that will continue for many years will continue allowing value to consolidate toward the companies in the indexes. good luck fren

>>19285986
>the way i see it is that the indexes for these etfs are likely to continue improving over time as they have in the past, that is all that is required.
I think the logic is not so much "previous performance is a guarantee of future success" so much as it is that these are the only sectors that will likely see any significant movement going forward. And if this is the wrong move then stocks in general were probably the wrong move.
Just glance at the major indexes over the past few years and you can see that transportation, industry, infrastructure, energy, utilities, etc. have barely moved in almost 2 decades. Financial sector has been eating it since 2008 and that will likely continue going forward.
The only sectors perhaps with any promise in the future are healthcare, aerospace (decades out), and AI (maybe a decade out).

>>19285986
I sure hope you're right, but be aware the last 10 years have been (while not a complete anomaly) very bullish. There's a lot of unprecedented stuff happening macro-wise right now, DXY is pretty high and threatening to go higher if international currencies react poorly to fed printing, stocks of all types (especially big tech) are wildly disconnected from predicted future earnings, total market cap of the indices is like 140% GDP even after the crash, rates are at 0, there's a lot of spooky stuff saying we could be in an asset bubble. This doesn't mean US equities and that port won't do well though, just be aware the next few years are looking like they could be a lot different than the last few

>tanker stocks
>dividends
>buying bankrupts
>buying airlines
what's the next stupid larp shit smg will come up with
also i have a portfolio for you that will outperform 90% of funds and posters here. 50% s&p, 50% tqqq. buy every month or more often, don't even look at price or try to time it, go to bed, you've won.

>>19286055
>Financial sector has been eating it since 2008
>payments and insurance hasn't been absolutely murdering it
banks and investment brokers are likely be ready for a bull cycle after all the dust settles.

>>19286078
I'd take 25% of that s&p and do this with it

>>19286055
yeah thats what i was thinking, if you are going to go with a risky leveraged strat like this, probably best to go with a Tech spread of some kind

>>19286090
this is a backtest and not actual performance of something real, you won't get nearly as much returns as a retail attempting this, and you will not be disciplined enough to perfectly do this every time. even algos fail at this

>>19286069
sure anything could happen. its just another idea to think about

Can someone explain the DB fundamentals to me?
I see a dying institution, but I might be missing something

>>19286083
I'll check into this. Credit services are pretty solid performers but banks feel like anchors on that sectors growth. Haven't been following insurance so you may be right.
>>19286069
Fed money printing in 2008 went into equities which is partly what gave them the confidence to go infinite with it this time because they think (and its only a hunch) that the inflation would not hit the general economy.
TINA is the real bitch here. What or where the hell else would you put your assets? Precious metals or bitcoin are really banking against economic collapse at some level and I doubt any asset allocation would have mattered at that point. You'd be better off making yourself a shelter deep in the woods rather than bank on something like the economy collapsing but only temporarily so you can "cash in" your gold afterwards.

Doing weekly covered calls on high premium stocks (this week is HPQ, NTNX, JWN) plus auto deposit into 3 mutual funds biweekly (BFOCX, FSCSX, FBIOX).

>>19286187
>What or where the hell else would you put your assets?
In the event that we have competing deflationary and inflationary pressures, what's the one trade that both sides would agree upon?
>Precious metals or bitcoin are really banking against economic collapse.
That seems hyperbolic.

Am I dumb for investing? I mean like booglehead tier. I've been doing it for two years now.
I'm small specs not even worth six figures. Shouldn't I yolo stocks instead and hope to make it big?

Then when I'm a millionaire I can dump it all in index funds and bonds, no?

>>19286239
When has gold ever been the best play in any society that didn't also mean just straight up leaving your country for good?
Boomertarians like Schiff seem to think that gold is the only option. I'd argue that the real hedge is buying cheap, arable land somewhere is better than gold.

>>19286265
>If I'm poor, I should just buy lottery tickets? I shouldn't pay off my credit card until after I get rich.
Terrible awful idea. Pay off any debt first (especially credit cards), then max out retirement account, then you can start putting stuff into mutual funds, and then maybe buy some stocks, and don't even think about options ever.

>>19285768
>posts new thread early
>changes OP again
Fucking why. Just why.

>>19286280
Societal collapse is a meme, but human psychology isn't. That's what you're trading on, after all.

>>19286187
I don't think we're gonna hit full on hyperinflation or anything from this, but the fragility of low interest rates and expensive equities makes me question the long term. We see another 2008-esque recovery, great, we're up big in 5-10 years. Then some other black swan happens, rates are still low, job market is still rough, next step is just ???
I'm honestly wondering if a return to at least partially gold backed currency is possible. Judy Shelton's into that, don't know much about her (besides that Qanon boomers thought she was gonna fully return us to gold in April kek). Good lord I'm verging on Peter Schiff-tier Austrian larper right now, but what the fuck?
>>19286280
Archaeologists have found huge stacks of gold and jewels hidden under villas that got sacked during the fall of Rome. Everyone was trying to hide the fact they were rich lol, their physical gold did absolutely nothing for them :<

Reminder to dump as soon as the daily numbers start to spike again, it's already starting to trend the other direction.

>>19286113
Why not? Set a buy order for 4 PM and a sell order for 9:30 AM for every single day. How could that fail?

Are the mods asleep, or just niggers? Why are there blatant porn and begging/free money threads up?

>>19286393
They do it free of charge. Pro bono. No monetary settlement. For free.

>>19286371
Why? Everything will be opening up and I doubt we'll go into lockdown again

>>19285979
>blade runner pic
I feel it too, anon

>>19285984
>TFW YWN have a dominant cutesy anime girl force you to worship her feet
Why even live?

>>19286355
If high unemployment, repressed consumer sentiment, and decreased spending are here for a while, I think the deflationary pressure will be too large for the (current) stimulus to result in hyperinflation. The more I think about it, the more I worry over how strict the Fed will actually be with their no negative rates policy, or if they will eventually cave. The long term problem is exactly as you pointed out, but a short term deflationary spiral might call for even more unprecedented action. It will be interesting to see how it plays out. I guess bonds will let us know where things are headed.

>physical gold
Yeah, that'll happen when you're bagholding like a treasure goblin.

>>19286435
Our first wave hasn't passed and we're already seeing an increase in cases. If the division in public opinion is any indication, you're right, both governments and the public will be initially resistant to any more quarantine measures. But with how infectious CV is, they might not got an alternative. It all depends on how well prepared our healthcare system is by the time that happens, and how well we can test and contact trace to isolate individuals, or more broadly contain hot spots that appear.

>>19286495
Coronavirus is fakenews dumb dumb

How will this affect my investments /smg/?

>>19285924
Based and blackpilled

Probably not his kid desu his wife is a real stacey imho

>>19285876
>mfw I’m not in the meme
Wth man

>>19285863
Why not both?

>>19285812
This

>>19285787
Sauce?

>>19285804
Brew coffee - black, no sucre - and def add tequila in your almond milk

>>19285812
No kikery allowed

>>19286393
Are tou this new? Seriously? What do you think this is, Reddit-lite?
>>19286766
>those dubs
Checked and redpilled

>>19286791
Chutzpah!

>unemployment off chart
>argentina tier recession

which jewish tricks stop the stock market from plummeting 70%?

>>19286936
>BBRRR!!!

Also:
>>19286867
Chutzpah!

>>19286936
>which jewish tricks stop the stock market from plummeting 70%?
it's a mix of the entire market being hedged against itself and PPT buying futures to gap up overnight.
then after their job is done, you get retail investors buying the dip when it's clear everything is OK

>tfw you'll never be closed with your crush in the elevator
why live?

>>19285768
>no nhentai among the educational sites

WHICH IS IT /smg/?

>>19287012
Feels bad man

>>19286485
>>19285979
>blade runner
Watched based replicants today on tv. Good flick.

>>19287043
Hopefully it will be a Z-Shaped recovery although I suspect it will be either a V shaped recover or a W shaped recover because there may be another panic after perhaps another outburst.

>>19286936
>Chinese/US Tensions through the roof
>Chinese stocks about to be delisted within the next few weeks
>Unemployment at devastating levels
>PE Ratios at never seen before highs
>Corporate debt at all time highs
>Big companies declaring bankruptcy
>coronavirus not going away for the foreseeable future
>average vaccine takes 10 years to develop, and never have they done it within 4 months
>mankind has never developed a vaccine against an RNA virus the same way theyve never cured the common cold
>Retail spending down, would be record levels this week if not for last week being slightly worse
>Nobody wants to go back to work
>Nobody wants to spend

HURRR DUURRR GREEN LINE GO UP EASY .23% GAINS ON THE SP500..

>>19287043
Downward W with the 2nd trough being lower and terminating in an L fashion.

admittedly Doomer, but we are Doomed

>>19286972
PPT is one of the biggest reason we are still so high. Friday was another good example. Futures where deep red the whole day. Nothing has changed and futures were in steroids 1h before opening and even hitting green.

When retail investors see green, they feel good and buy more. Most easiest way to manipulate and stabilize the fucking market.

Reality will hit them very soon, when Q2 earnings are worse than every single prediction.
Unemployment rate still high as fuck and no recovery in sight.
And the meme virus probably hitting another peak due to vacation time etc.

Time will tell, where this is heading, but the current stock valuations are taking zero risk into account.

What

Bigdata
AI
Connected systems
Supercomputer

stocks would you recommend?

>>19287043
GDP was a flat line for two years before February. It was only the market that was still going up. Part of the reason for the crash.

>>19287106
It was absolutely disgusting to watch play out.
We all saw the Hang Seng get Hung and futures peaked at -250 and then some sort of "divine intervention" ended with a -50

Only thing i could think of besides my copious cope would be Hong Kong investors fleeing into the American market

>>19287098
The reason why the stock market is going up / crab, is the hopium and greed train. Every recession had such a rally and further disgustingly and utterly cheap money is flooding everything. 0% monetäre policies, stock buybacks and retail investors. And the retail investors will be the ones bagholding, especially if you observe the current sentiment at wall street.

>>19287012
>>19287060

Light is touching me
But it just gets darker
And the days get harder

And I can barely see
But a light grows stronger
Making my life longer

>>19287129
>Liquidating your assets and jumping into another overvalued asset
Yeah, no. And further that wouldn't randomly be reflected in the futures like it did.

>>19287147
so the PPT fuckers twisted the futures so we didnt see a big Red leading into our big beautiful 3 day Government Holiday God bless

>>19287098
>believes the “stock market is the economy” meme

When memes don’t work and aren’t funny, Maybe you should update your memes to make you rich.

>>19287172
What am I supposed to do once I’m rich?

>>19287185
Probably kys

>>19287222

I thought the whole point was to score some quality poon???

>>19286791
I cant wait to be reduced to a flash shadow on some concrete.

I don't think I'll ever make it bros

>>19286374
spreaddies

>>19287117
GOOGL and NVDA?
I don't know, I'm not 'hip' with what 'apps' the kids are using these days

>>19287259
Funny that those systems were interesting 30 years ago. I wonder what we reached now. Ultra structured data?

>>19287256

Digits say otherwise

>>19286791
bullish for rtx

I'm 26 on close to min wage working at a supermarket with only 30k savings/investments (which took forever to accumulate).

My goal was to have 100k by 30. Should I just kill myself?

>>19287117

Literally Tesla. Each car inputs data back to Tesla.

>>19287301
just marry a middle class/wealthy guy and be a housewife
or if you are a guy, do the reverse of that

>>19287301
I’m 38 and only have 3k, so shouldn’t take advice from me, but here you go fren.

Goals are for losers.

The truely success have systems. They have a system to practice good habits that make them successful. Being rich is a stupid goal. All goals are stupid.

The only thing that matters is the system you use EVERYDAY.

Glad I sat last week out because it looked like the most boring week in market history.

S&P 3000 when? This is getting ridiculous. I guess everyone is just sitting in cash like me.

>>19287043
the stock market doesnt matter. what matters is the value of the currency in comparison to the stock market. the real economy and the gdp are doing an L for sure

>>19287331
you are 38 and posting 2hus on 4chan. let that shit sink in

>>19287117
FB, GOOG, IBM, TSLA, MSFT
All of these are the near future structure of society. As they were developed 30 years ago, I wonder what is the next step (since we jumped in).
I strongly believe that USA present the light of modernity while the next step is developed (as it always was) in Europe, lying in [fake] darkness.

May be strange but by bet is a meege between technology, biology, society and “weird things”. Would be a nice ride.

>>19287382
>FB, IBM, and TSLA in this list
8/10 bait

>>19286791
Shorting Blackwater of course

>>19287361
I have no illusions about myself. I’m a late bloomer. I turned $400 into $1300 and into $3000. I’m not smarter than your average bear and I possess no special skills or attributes besides and incredible sense of humor.

And I happen to be the luckiest cocksucker Alive. I’m immune to all of your dark magic and gay bullshit. I’m going for the gold. I’m swinging for the fences and

You
Can’t
Stop
Me

>>19287331
I wouldn't consider 100k to be rich, anon. It would just be nice to have to supplement my wagie income with dividends/growth. Even a mere 4% would be an extra 4k a year.

100k is a modest goal.

>>19287411
oh how many levels of schizo medication are you on right now

>>19287027
Aight imma need a source on that one real quick

>>19287443

>someone who bounces off the walls and doesn’t behave like I want is crazy

I’m going places anon. I believe in myself for the first time in my life.

>>19287458
https://nhentai.net/g/130869/1/
Here ya go coomer

Favorite cheap stocks or ETFs to wheel?

>>19287507
I never understood the nhentai meme, sadpanda is superior.

>>19287536
Didn't sadpanda get nuked?

>>19287301
Go to community college/vocational and get a trade or some 2 year tech/engineering diploma so you can start making more money. Retail hell like that will never make you enough unless you get lucky with your investments. I'm impressed you have 30K by now, guessing you live with your parents or pay a low rent.

>>19287555
>he doesn't know

>>19287100
Yeah, and also retarded.

>>19287536
if you ever post exh links in a place like this, there is a big chance to arouse some of the "it's just a picture of a panda bro" posting, and then you either ignore it or spoonfeed even harder, it's just a big mess

posting nh links satiates the zoomercoomers without giving them reasons to ask more questsions, and anyone who knows what exh is can just use the title to find it there

>>19286371
>>19286495
>NOOOO NOT MY CHINESE SNIFFLES THINK OF THE GRANDMA HODL YOUR SQQQ

>>19287599
>and then you either ignore it or spoonfeed even harder, it's just a big mess
I've always thought that it was the objective.

>NOOOO AAAAAH NOT THE ASIAN HORNETS THEY WILL KILL MORE 80 YEAR GRANDMAS THAN THE AIRBORNE AIDS SELL SELL SELL

SELL ALL YOUR STOCKS
BUY GOLD AND SQQQ
GOLD WILL PROTECT YOU AGAINST THE FLYING ENEMY

>>19287277
Little blue shit.

>>19287729
I can't even imagine having enough estrogen to see this movie.

>>19287740
Why do you hate fun?
https://www.youtube.com/watch?v=2sLz6LuizoE

>>19287740
I can't even imagine having enough estrogen to make this post.

>>19285801
god I love 2b

I invested 1/3rd of my capital during the bottom but pussied out with the remaining 2/3rds and now stocks are too pumped for my likings. What should I do with the remaining money? Having it there just sitting makes me uncomfortable.

>>19287873
Retail, oil, rtx, tech

>>19287901
I don't see these outperforming SP500 in the next decade.

>>19287873
Bond ETFs interest aren’t going to rise anytime soon and may even go negative

>>19287919
Yeah I know, but even a year ago I wouldn't consider bonds as an option.

>>19287915
Has biz led me astray?

>Deutsche Bank asks managers to voluntarily forego salary

>>19287301
you’re doing just fine fren :)

>>19287943
No anon, keep listening to biz. You’re gonna make it.

>>19287940
That’s a shame because you could have 7% return on your principal plus 2.5% dividends

>>19287943
Yeah don't listen to /biz/ other than looking for ideas.
/biz/ is the reason I pussied out and only invested 1/3rd during the bottom.

>>19287977
That's like half of what I'm expecting from my investments.

>>19287970
I turned $400 into $3000 in a month by listening to /biz/ and myself. I’m gonna make it fren.

I’m shooting for the stars

>>19287954
S-should I sell?

>>19287989
And now you're gonna make the gambler fallacy and lose all that you had because of "nothing to lose, started with 400$ lol" mentality.

>>19287986
Wish in one hand shit in the other, see which fills up first

>>19286113
>backtest
https://www.youtube.com/watch?v=cgtxdMSCjZk

>>19288001
I know what the gamblers fallacy is. And I know what it’s like to sit at a blackjack table for 48 hours straight. I’ve done enough failing for 2 lifetimes. I’m done being a loser.

No more bad choices for me

Kek, pre virus KOS was $5 - 6 a share. Constantly to. Now the recent epic drop is mostly virus related fear and the resulting economy just shitting. So I bought at the low under 2.00 and just wait. make over double my investment with ease. No shit penny stock bullshit that can fuck me over, this is just pure "fear" as the culprit that once it's over I'll be walking out with a nice wad of green.

>>19288018
>...I know what it’s like to sit at a blackjack table for 48 hours straight
wait that doesn't even sound fun
what the heck bro

>>19288001
That's not the gambler's fallacy though

>>19288038
No more fren. Brighter days are ahead

Guys, is there a Europe based nasdaq x3 etf like TQQQ?

>>19288046
Yes, I should've phrased it differently. Wasn't referring to THE fallacy.

>>19288046
It is. You lose on each downtick and win on each uptick.
Other fallacies are
>You only lose when you sell.
>Averaging down
>random stop loss
>I don't know... probably more
>>19288061
>THE
Oh. Well here is my post nonetheless. Have fun

I am tired

>>19285909
I feel you man. Do you have access to after-hours trading or did they shaft you too on that? And now we're stuck holding this shit until Tuesday. Pray for some good news by Monday.

>>19287954
>job cuts
bullish

>>19288075
No, gambler's fallacy is assuming a random event is more likely to happen because it hasn't happened in a while or viceversa.

>>19288075
You are confusing hot hand fallacy with gambler's fallacy.

>>19287873
>What should I do with the remaining money?
Pembina Pipeline.

>>19288077
I slept 12 hours last night :D
feeling good

>>19288104
>>19288112
I think you guys missed this.
>>>19288061
>>THE
>Oh. Well here is my post nonetheless. Have fun

>>19288098
unironically

>>19288116

Rate my indicator

A fat green bag awaits in 7 months..

Unlike crypto do penny stocks happen all decade? Can penny stocks give me at least 2x-3x? or can I expect them to give 10-1000x ?

>>19288172
There is a penny stock general. If you want to gamble with your money consider options trading.

>>19288163
I give it a 10
very nice indicator

>>19288172
Depends. If you catch one that's on fire you can make double or x 4 your green pretty damn quick. But the rub is that you have to act fast and sell fast cause the massive shit is right around the corner. Also finding one that's "on fire" is kinda a pain in the ass cause there's so many.

>>19288163
It doesn't seem to indicate anything.

>>19288172
>least 2x-3x
That's a normal volatility in a 2 month span.
Happens fairly often.
>10x
Happens too but not that often.
3-6 month span.
>1000x
Unrealistic
>>19288194
Thanks, Anon.
>>19288202
Support resistance? No?

>>19288172
There is very little difference between crypto and biopennies

>>19288323
That's not true.
Biopennies have a clear timeline, respond well to catalysts and are backed up by cash per share.
If you hold long it's your own fault.

>>19287301
You should be focusing on improving yourself. You're ngmi if you work at a fucking supermarket, nigga.

I bought $205!BABA and $295 SPY puts on Thursday and didn’t sell them yesterday. They expire June 16. Am I fucked for not taking profit

This represents the new bull run coming in.

>>19287098
> virus literally only kills decrepid old people and cripples
Literally nothing

>>19288400
I hope so, anon.

>>19288417
why don't people build massive dirigibles any more :(
what is this world coming to

Am I fucked?

>>19288449
There is the Flying Whales website, canadian to be exact that is hoping to make them for air cargo. I doubt it will take off

>>19288172
You can expect the majority of penny stocks to net you a cool 0x

>>19288480
rip

>>19288480
this hurt me to look at like putting a sewing needle in your urethra

>>19288512
>>19288520
Do you guys think there’s an iota of a chance market opens bearish next week? If not I need to jump out of this shit ASAP

>>19288543
If that obnoxious pattern on SPY holds true we'll gap down Monday and crab all week.

>>19288422
But the news said it was really bad!!

>mfw literally all hedge fund managers and "experts" told us not to buy
>we bought anyway

>>19288679
>tfw holding UAL , DAL, and BA

>>19288679
BASED
LESSGO PENT UP DEMAND BROSSSSSSS

>>19288480
Why would you bet against the house of Saud? That's the same as betting against America.

>>19288679
I wasn’t expecting BW to keep skyrocking. Like seriously wtf, I listened to the earnings call and it kind of sucked.
I’m afraid to buy more at this price.

>>19288806
BW?

>tfw no Meg until Tuesday morning at the earliest
>tfw I don't live in the same city as Meg or Kelly

how much worse can the world get

>>19288500
I've made a bit from selling covered calls. Only issue is no weekly contracts, otherwise I'd do it more often. I don't care about holding them, I actually want them to be assigned away

>>19288852
Reactors, BWXT and FLR too.

>>19288679
>experts
Stock or economy related interviews should be listened with a laugh track.

>>19288569
Market is closed monday bubby.

>>19288877
Why do you buy stocks going to zero? Why do you want to lose?

>>19289039
>I actually want them to be assigned away

Short term goal - have 30,000 stuffed in the bank by age 40 (3 years away). 401 is well established & fat. Brokerage account is established and in process of becoming fat. Zero debt other than the house. Already got 17,000 of the 30,000. Enter the virus. Watch oil stocks fall 50% or more. I strike. Wait for KOS to rebound to 5 a share. I hit my 30,000 goal 3 years sooner.

>>19289057
Why are you trying to lose money, so you can brag about it?

>>19289067
Your plan is to buy bankrupt companies and lose all your money?

Buy some Hertz while you are at it

https://www.zerohedge.com/markets/retail-investors-face-another-rout-robinhood-daytrading-darling-favorite-hertz-prepares

>>19289067
KOS's overall trajectory has been downward for decades

>its only saturday
I can't wait until Tuesday bros, I already feel empty.

>>19289203
Pulled 8000 out to use as ammo in my quest to generate the 13000. Was gonna park it in more DIS. But the upside percentage just ain't there. The high of DIS is 154. 8000/118 is only 67 shares. So at most I'd gain only 10,318. Assuming DIS even hit that high again. So I'd still be almost 3000 short.

>>19289227
I live the stock market.

>>19285812
f uck

>>19289227
It's an addiction, I check my portfolio value even when the markets are closed knowing full well it hasn't changed since the last time I looked.

>>19289275
But I dunno DIS is a safe play. Could wait till KOS hit 2.00 then I'd walk out with a small gain and roll the whole nut into more DIS. 4,302 KOS shares x 2 so that'd be 8,604. Then I'd get 72 DIS shares. 72 x 154 would be 11,088. Still 1912 short but I could make that up easy as shit over the next 3 years.

>>19289366
i hope its all green fren

>>19289397
Are you going to cry when your bankrupt stocks go to zero or will you keep pretending

>>19289412
DIS ain't going bankrupt. KOS will hit 2.00. It did last week and it ain't that far away from that mark now. So it's doable.

Tell me why on the first red day next week I shouldn't all-in on TQQQ with a 15% trailing stop.

>>19286283
Absolutely this. Eliminating my debt has changed my life. The money I was using to make credit card payments each month goes to my mutual fund, which has averaged about a 7% return over its lifetime. I have state pension from wagecucking, as well as a deferred compensation plan. What I used to spend at the bar goes into RH. It's just play money, but I make safe plays and take small gains when I can.
I won't be rich, but I have zero debt and I'll be able to pay cash when it's time to buy a house outside of the city. People with 50k in credit card debt, student loans, new car payments... It doesn't make any fucking sense to me.

Im new to options and still trying to figure out everything. Can someone explain to me how this isnt literally free money? To buy an option right now for way less than the current price of the stock. I know there has to be a catch, right?

>>19289597
factor in the premium you're paying for the option.

>>19289597
It is free money to the guy you are giving your money too. Make sure you cry here when you lose everything

>>19289597
that order will never fill at that price
look at the ask price for the option, not the midpoint between bid and ask
you're probably seeing a $0 bid or $0.10 bid with at $3.60 ask that makes the RH display price fucked

>>19289597
The first catch is that when putting in an order, just like putting in a stock order. someone has to be on the other side of the trade. You can put an order for any ridiculous price that you want, but nobody is going to take the trade if it is too unreasonable.

The second catch is that you are still gambling on what the price of the stock will be in the future. If you agree to buy for $1 (and you paid $1.40/share for the option = $2.40 total share price) and the share price drops to $2.00, you are actually losing $0.40 per share compared to having just bought the stock at market value on the closing date.

>>19289626
140premium + (100*1)= 240

100NIO * current price = $325

Still a net gain of 85.

>>19289529
Either you are right or not. Nobody knows where this shit is heading and /biz/ is changing their sentiment faster than MSM about why stock market is red or green.

>>19289681
that's why no one would ever sell you that for that price, yes

>>19289666
they're american style options so he could insta-execute and sell, like he said in his post below yours

>Trump to attend Florida launch of SpaceX flight: White House
Trump and Musk now best buds?

>>19289681
Bro you are a genius, I'm going to go buy 10 dollar calls on AMZN and sell them for 2500% profit. Ez money

>>19288019
KOS gang here. I bought at 1.40. I set a limit buy about .15-.20 cents down from open to grab some more at the daily dip, and I set a large limit buy each day to catch a major dip. I'll probably keep doing that up to 2.50, 2.75 and then I'll HODL. Hoping we go to $7 or $8 but I will be happy to sell for less when the time comes. I'm prepared to take a modest gain but I'm hoping to make a few thousand dollars. Either way some of the gains will go into something I've researched and feel good about; the rest will go into savings and my mutual fund.
Feels good being a KOSbro.

>>19286791
I'mma get in on that BWXT on Monday.

>>19289681
You made me have to actually look at that garbage penny stock.

Okay, so here's the thing: If you had a real broker you'd see the bid/ask on the option. That 1.4 price will never get a fill because it's an instant arbitrage opportunity and HFTs would have taken advantage of it way before you'd have even noticed. The actual prices for that contract are 1.00 bid/2.39 ask.

So 239premium + (100*1)= $339

>>19288167
>GE
Don't know how I feel about that, anon.

>>19288018
I think you might have a gambling problem

The market values having Joe Rogan at +$200m, you already know this economy is gonna come crashing down

>>19289824
My feelings about his show aside, it's one of the most popular podcasts in the world. Shouldn't the market have a positive reaction to Spotify?

Are my $260 puts going to be OK?

>>19289824
seems like a fair value.

>>19289824
Doesn't the Joe Rogan podcast have like 180 million downloads a month or something? If a company could capitalize that through ads, subscriptions and shit then $200m doesn't sound that ridiculous

>>19289865
Not in schizo /smg/ land.

>>19289769
>>19289662
>>19289666
Cool, thanks for actually humoring a noobs question. I think I get it now.

>>19289227
Play some Anno or vicky 2. Should be a good substitute for the weekend.

are covered call etfs as retarded as they sound? Why not just buy a dividend etf at that point and pay lower taxes?

>>19289916
>are covered call etfs as retarded as they sound?
The ones I looked at have a worse price performance but higher dividend than the regular version. You can do the covered calls yourself I guess.

>>19289933
>a worse price performance
And by worse performance I mean they go down while the non-covered call etf is going up over many months.

>>19289916
It's better to do covered calls yourself than rely on an ETF. The ETFs have to sell calls regardless if it makes sense to do at a particular time. That said, I like the idea of doing covered calls on a covered call ETF.

>>19289824
Joe is the 'halo product', the value of having him there is if it makes spotify the go-to place for podcasts. IE all other podcasters treating spotify as their main platform with other things being secondary platforms

>>19287043
W

But it depends on the index you're watching. I don't have any faith in the S&P or the NDX though, there's so many companies that simply aren't performing alongside the small handful that are towing everything up. I think we've got to be looking at equal weights and such. I also don't think we're looking at it in a realistic timeframe. This shit is going to take time to react and precipitate bankruptcies and show all the malinvestment.

>>19288422
Yeah, if you have the ER and critical care chock full of feverdream Diana and Jacks how the fuck are you gonna shoe in gunshot Timmy and Becky? When inpatient is totally occupied how are you going to handle shit? That's what the shutdown was about, this shit was indicating a hyper-contagious bug - if it pushed into the US and spread with enough velocity it could indirectly kill massive swaths of people. At a high level, I don't think anybody cared a whole fucking lot about the direct mortality. It's also being used as a smokescreen and a rally 'round the flag.

>>19285768
As a europoors, where can I cheaply trade us stocks, ETFs? Degiro is not available for Lithuania.. any place that exposes an API so I can set up a bot?

>>19287100
Don't go outside. Demons are literally eating people.
https://www.youtube.com/watch?v=GNTtR6ZpUOo

>>19289916
100% buy-write ETFs (ex QYLD) have higher divs but worse price performance compared to dividend strategies.
there are buy-write ETFs that are not 100%, and I'm quite fond of them. Look up KNG or QQQX. Both have good performance. They should be considered (at least partially) as a bond alternative and a dividend alternative, while also implying income and price growth at a reasonable fee with realistic tax action

Well shit. I thought the market was going to have a second dip but looks like it's been called of due to infinite QE. Australian stocks were -50% at the bottom and are now back up +15%. Since I sold out in January should I just say fuck it and throw everything in or wait longer or half and half?

>>19288679
Based and winepilled

>>19290062
THERE IS NOBODY LEFT ALIVE IN WUHAN THEY ALL DEAD THE AIRBORNE AIDS MELTED THEIR BODIES

>>19290101
yeah okay, but infinite QE...

>>19290062
don't sell 100% out or go 100% in, ever
be patient, look for good prices on good stocks that you want every day.

>>19290062
I'd half and half.
full recovery will be slow, this whole year at very least. I expect a minor second dip sometime as part of recovery.

>>19290112
THE DEFLATIONARY PRESSURE IS TOO HIGH FROZEN CONCENTRATED ORANGE JUICE PRICES ARE GOING NEGATIVE

>>19290127
The question is if that minor dip is going to be lower than it is now or is it going to go up enough that the dip doesn't reach down as far as it is now?

>>19290121
I didn't really sell out 100%. It was closer to 60%, but I also had a bunch of cash on the side already so about 75% of my net worth is in cash right now. I sold all my basic share ETF and just kept the high divies. Kinda wishing I had sold out more though but I guess hind sight is 20/20.

>>19288422
But very nice excuse for the current economy. You cannot have a bank crisis every 10years, zoomers might start to think that it sucks. Now everything is good and it is nobodies fault. :)

>>19290168
If you see nice stocks for prices you like, buy.
If you don't see prices that you like, don't buy.
Keep your eyes open and some gas in the tank.

Gonna roll my DHT options forward. See you faggots on the next 10% dip

Based Gen Z and silent generation crabs.

>>19290256
The new bagholding generation is born.

>>19290212
What do you think about ETFs? To be honest I know more about individual US companies than I do about Australian ones but I haven't got all the tax shit sorted so I'd be paying 30% tax on all the American shit. I'm really interested in VAP, it's an Australia property ETF which dropped from almost $100 to almost $50 and is currently $66. The thing about REITs though is that a lot of it is commercial which is absolutely destroyed right now and I'm not sure how that shit is going to recover. But surely they couldn't drop further than half their value?

>>19290248
HODL ONTO YOUR SEACATS

>>19290268
>not investing during the 1950s/60s.
Ok boomer.

>>19290062
>looks like it's been called of due to infinite QE.
This

We are set up to slingshot higher in a technical pattern called Moon Rocket

Man I'm really bummed about a penny stock (ASX:GGG) that I was pretty interested in. Bought $1000 at 0.131 before corona, it went down to 0.08 and now it's at 0.135.

>>19290288
>imagine buying the top of 1920 bubble and then wait nearly 40years to break even.
Ok bagholder.

>>19290313
>imagine buying at the bottom of the 1930 bubble and doubling your money in 3 years.

>>19290313
>dividend paying "bags" that are in the green
Ok lead poisoned lizard brained boomer. I don't have any tanker stocks.

>>19290284
who knows lol
how is the Australian economy doing?
are people paying their rents, are people working from home?
what kind of real estate portfolio does VAP have (commercial, residential, industrial? office buildings or shops or malls?)

can you trade without fees, or do you have to pay transaction fees that are noticeable in terms of your portfolio size?
maybe buy some VAP with 5% of your cash right now, if it looks alright to you

>>19290168
It depends on how much upside the market is pricing in to the assets that have towed up the market. Like how much higher can, let's say, AMZN go? And how many people are going to jump ship and how fast when that top gets rejected? And how much of the rest of the S&P for example, is going to follow it, and how closely?

But now you've really got a load of variables piling atop of this. CoV resurgence. Political pressures from all sides and totally unpredictable at that. Unprecedented monetary policies. Oil is 8% of US GDP, and it's actually difficult to ascertain precisely what's going to happen in that space in both short and long timeframes. And the trade war.

Valuations are absurdly high at the moment as well. Maybe the market has evolved and you can securely trade a company at 20x but I have a lot of issue placing faith into contrivances like that. And many large players have voiced concerns kin to that.

EM performance is also going to be a big consideration going forward, I'd argue, just on the basis of interconnectivity for what is essentially modern staples - mostly just cheap labor translating into affordable products for DMs. The big effector will be their debt burden, both national and commercial entities and how they handle it going forward with the supply and demand disruption.

>>19290352
>>19290340
Time will tell, but the current sentiment is ridicolous.
>Muh line can only go up!

Stock market doesn't care about EPS or GDP adjustments, which will be reflected very shortly.

>>19290420
I wouldn't buy meme stocks like SHOP with eternal negative earnings either.

>>19285768
I was reccomended to study for and take a "Series 7" to get into day trading and progress into becoming a stock broker.
Can someone tell me where I can get some impirical information on what to do to get into day tradeing and if studying a "Series 7" is even a good starting point for me?

>>19288202
On the contrary, it's indicating to me that he is a retard.

>>19290446

>>19285768
someone please explain to me —-why the fuck is LULU breaking ATH?? While many retailers are bankrupt

>>19290431
>impirical
>tradeing
I sugget yew donnut dey trad.

>>19289597
NIO might actually get delisted till the 29

>>19289769
>garbage penny stock.
NIO is not a penny stock.
They are the chink Tesla.

>>19289824
>The market values having Joe Rogan
It's not about Joe Rogan.
It's about declaring war on youtube.
If they get everyone to put their podcasts on spotify exclusively. It's already a huge chunk of youtube.
If VODs go well and are free. We can even see other stuff migrate to spotify. They tried music videos for a bit.

Do you think this will be big when it launches in the US, lads?

https://www.myplenity.com/

I have over 3k in the parent UK company, PureTech Health.

In the short term all I want is to bag 13,000 so I can have the pleasure of seeing 30,000 in cash sitting in my bank account. Because I make shit (27,000 a year). Having 30,000 just there would be cool as hell. That would be in addition to my fat 401k and just seeded brokerage account. Hell the calming influence of it may even help make my hair grow back..

>>19290718
>may even help my hair grow back
nah that shit's gone LMAO.

Invest in energy but not nuclear energy because it's harmful.

>>19290906

>>19290628
>https://www.myplenity.com/
So fat and acid pills to fill your stomach up? As someone with acid reflux I feel the burn just thinking about it.

>>19290968
Something like that, anon, but it works and has FDA approval so I'm pretty bullish about it.

The company only caught my eye because PureTech Health directors have been purchasing a lot of shares recently and I'm guessing it's because they're expecting big things with the Plenity launch.

>>19290937
>every meltdown has become a nature preserve
Yeah ok boomer

>>19290906
Nuclear energy will always be the best option by far. The next-gen power plants will prove to the world (again) that nuclear energy is not going anywhere any time soon

>>19290906
Ok German.

>>19291053
Oh?!!
So what if I am German and I care for the environment!!??

>>19291068
>shuts down reactors
>increases coal and natural gas
Totally for the environment, not the votes. How did krauts fall for this?

>>19290505
Got an alternative then or some advice as where to start?
tipeing liek ae jeanyes duzn't eggzactley hlp.

>>19291177

>>19291160
Germs hate the environment that's why they use planet wrecking solar power

>>19287098
SRNE already hab the antibodies, look at these two trustworthy gentlemen. vaccine ready in days??? maybe

>psst, hey goy, would you like to buy 3500 tons of silver?

How do you respond?

>>19289757
wish I bought more at .95

>>19291222
a white man and an asian (look at asian IQs vs average). what is your point.

>>19291222
mcdonalds jackie chan looks like a bro but slaphead shekels would probably try to rape my dog

>>19287185
Try not to be such a cunt

I bought msft calls at the lowest it went, feels good man.

>>19286090
Graph needs to also show the outcome of just holding

>>19286283
I had no idea Dave Ramsey posted here. Also, sell your car

>>19291271
I'll give you 3.50

>>19291544
Eat rice and beans and drive a beater car.

>>19291544
Ha, even Warren Buffet says the same thing. The best investment you can make it to pay off your debt.

>>19291621
I had no debt, then I took out $60k equity from my rental property (400k value) and I'm ready for the dip to play a little. Tenant plus my wage will zero it out again in 1-2 years. Dave would flip his shit. His daughter is pretty cute, but I'm married and a dad and she's real mumsy so it's looking at her through those goggles

>>19291040
Current gen nuclear is already tremendously safe, yet it's nearly impossible to get new plants built in most places and the cost of doing so is so high that they get beaten by other forms of energy, even renewables. Nothing will change with next-gen and the anti-nuclear lobby isn't going away. This is all while solar and wind prices are still rapidly falling, along with energy storage which is set to be dirt cheap as vehicle to grid technology starts being incorporated into virtual power plants. The average Tesla vehicle has the equivalent of five power walls worth of energy storage and serious battery degradation is no longer a concern.

/smg/ is going to miss the boat because 'renewable power bad', as they spew refuted talking points from oil and gas shills, just like the missed the boat on TSLA because most people here refused to do any research and just repeated the claims of short sellers.

>>19286283
I feel like this way of thinking doesn't apply to student loan debt.

>markets closef until tuesday
reeeeeee

My only debt is my house. thank god. Also thank god for housing crashes and incompetent home owners. I stole this house (price wise). I pay only 400 a month for a 3 bed house in the city.

>>19291793
It applies to all debt, the only exception is maybe a a mortgage. You don't need to pay it off in one lump sum, but if you have money to "invest" then you should "invest" it into your loan. Loans are basically negative investments that earn -20% per year. Imagine earnings 20% more per year by not paying it to someone else.

>>19290906
Gonna do a bull credit spread on ED next week.

>>19291858
Yep sometimes timing can work in your favor. The owners spent a lot redoing the whole upper level. They fucked up when they moved in to redo the basement. They fucked the electrical. Among other things. The other things didn't really bother me; actually it helped me. Cause all I was gonna use the basement for was for storage and utility room. So I didn't care that it was unfinished (or part gutted at the time I bought it). Supposedly they were gonna make it into some fancy movie entertainment room.

Guys i bought alibaba for 198, do you guys think it will hit around 210 on opening day?

>>19292047
>buying chink stocks

>>19291621
>pay off debt
Nay, sleepy joe will have it forgiven

>>19290477
Because women still need their tight pants for attention-fishing on (((social media))).

>>19291299
I thought about it at .60 but I broke my rule and didn't have any loose play money set aside. Feels bad.

>>19292071
Why?

>Cryptofags are first NOW starting to realize they're getting scammed

>>19290420
>line can only go up!
We've been crabbing for a month

I hope KOS hits 3.00 soon... Happy day. Yeah I was gonna hold out for 5 but I don't wanna let my greed end up fucking me over in case something else turns up.

>>19291221
When they banned nuclear energy, they had an energy deficit that could not be filled with renewables. They ended up increasing their carbon fuel consumption, and now increase co2 emissions yearly. They defeated their own purpose for doing all of this

>>19292151
What happened now?

>>19291784
The amount of land required to make your lefty fever dream of a renewables powered economy work is enormous. Wind power is already getting huge public backlash. It's not realistic, and it will never be efficient enough

>>19290248
>tankerfags still exist
why?

>>19292396
It takes over 400 to equal one plant. 400 individual turbines. Can you imagine the maintenance on that?

Guys, I think from this point on, I'm going to dip out of the autismo that I've been running. From here on it's going to be dividend stocks, index funds, and knee pads.
Pray for me.

>>19292396
That is such a retarded point, the land needed to power the US off only solar is less than a half of a percent of the total land area and it could be done just using solar on rooftops.
>it will never be efficient enough
Only cost per kWH matters so let's not pretend you have any idea of what you're talking about and that you're not just grasping at straws.
>>19292601
>Can you imagine the maintenance on that?
Yes. Wind power is one of the cheapest forms of energy even when you include maintenance costs. It's cheaper than both nuclear and coal. Solar is cheaper than all types of natural gas.

>>19292719
tell that to the danes and their $1000 electrical bills for accidentally turning on their washers when it isn't windy outside

>>19292719

>>19292396
It gets backlash because locations are corporations choices. Everyone blaming the loss of near houses value more than the natural integrity.
It would change (house value loss) if it was backed by state laws. Like “every town must have a wind turbine a an underground thermal plant”.

>>19292751
>anecdotal evidence
I can do you one better, there are wind turbines all over the place where I live, they sell energy to the grid for a price below the non-renewable sources. If the Danes have to pay more money when it's not windy, they have a problem with their peaker plants or energy storage systems.
>>19292759
>NOOOO NOT THE LANDFILLRINO!
It's cute that you are pretending to care about the environment when oil and gas is a thousand times worse and directly responsible for a million human deaths each year globally.

>>19292895
>and gas is a thousand times worse and directly responsible for a million human deaths each year globally.
kill yourself retard

>>19292895
>nooo not a million chinks and poos!! we must fill the land with fibreglass graves and windmills fucking everywhere to protect them!!

can one of you faggots start a new thread thanks in advance

>>19292895
The deadliest forms of energy, per kilowatt hour, are coal and hydroelectric in that order.

>>19292944
It's a fact, fossil fuel use causes over a million deaths globally each year. It's almost like pollution is terrible for you.
>>19292948
Even if you powered the world off wind turbines, the waste produced would fit within a single square mile. Solar panels are nearly 100% recyclable and places like Europe have pass legislation making that mandatory at the end of their life. Keep shilling for the people poisoning you.

>>19292719
>Force additional cost onto home owning

Yes that will go over very well

premiums on momo is at an all time higher. i think ill dip my foot in this stock senpaitachi.

new thread
>>19293117

new thread
>>19293117

new thread
>>19293117

>>19292719
>Only cost per kWH matters so let's not pretend you have any idea of what you're talking about and that you're not just grasping at straws.

You're making the same logical mistake the Germans made, and now they're increasing their carbon emissions to fill the gap left by green energy. We see similar problems in California. Renewables are a meme

>>19293079
These statistics remind me of that plastic straw stat invented by a 9 year old. And when it conveniently confirmed all of the left's biases, they ran with it unquestioningly