/biz/ - Business & Finance

First for Jesus.

First for Allah, pbuh

first for HODL SEA CAT

If you’re still bullish right now you’re just retarded or trying to cope. I got out when it was good, see you lads at probably 27-280 next Friday.

>>19313245

Shut up and buy more shorts.

SPX gonna open at 3000

>>19313189
The free market will kill the bears.

>>19313245
>muh drawn lines say stock market go down

>>19313189

>>19313200
based and wholesome-pilled

>>19313037
>>19313070
You're talking about sector-specific market recovery, in which case you're correct. I was talking about the financial machinations involved in the original downturn in March, which is linked to CV in so far as CV acted as the trigger for smart money to begin de-risking earlier in the year. There were enough warnings regarding the systemic risks of the tremendous amount of corporate debt we had be piling on over the last decade. Those who were caught due to a lack of concern over CV and complacency within the loose monetary environment were substantially over-levered as-is, and the ensuing margin calls resulted in liquidations large enough to wipe some funds out of existence in the fire sale. This caused a downward spiral across asset markets that was only stopped by Fed intervention, in particular to ensure liquidity within the credit market. What happened afterward was forward-looking projection of where investors saw the markets for entertainment, hospitality, tourism and travel headed, and you're right, that's being depressed by negative sentiment over government quarantines and CV. The same can be said for capital inflows into defensive sectors, like tech and healthcare, during the recovery. Not sure where the disagreement is.

>>19313260
>free market
Bud, gonna need a citation for that one.

>>19313245
Kek thank God I bought this 6/19 290P on Friday at the high. I wish I got a little farther out but oh well, I can still make a bit of cash while I laugh at the overconfident zoomers and permabulls get wrecked.

Here’s a top tip friends, all of the MMS are positioned for another leg down now. The world isn’t ending, SPX isn’t going to 1200 but you are going to have a lot more red than green in your portfolio for a while.

>t. sold late Jan, bought back in 3/23

>>19313245
Oh no technical chart that's been proven time and again to provide no actual beneficial knowledge has been posted.

>>19313200
Good post

The generational chart shows that only retard zoomers who have lived half their lives in a bull run and a good chunk of retard millenials are catching every knife their is to catch because they think thats all it takes.
We've not even seen true blood flow yet

>>19313274
Are you trying to say that moving averages aren’t important? That’s like saying the price of the stock isn’t important...

>>19313299
Hello Conan.

>>19313299
Based and right pilled, again. How many times do we have to say it? JPM moved out of overnight lending in fucking September. Price goes up only if there's no fear that we lose cheap debt. signs of credit markets tightening will crash the whole thing

Is StockWits legit, or is just a bunch of retards parroting a bunch of bull shit?

>>19313234
Rent free.

>>19313330
Ding ding ding. It’s like people forget SPY traded between 180 and 260 in the same year during GOOD times in this past decade lol

>>19313200
cringe
>>19313207
based

>>19313367
good thing I'm only buying oversold stocks with P/E ratios under 10..

>>19313348
yes

25th for Moses

im scared bros
i might be catching falling knives with these short puts

>$NVDA | Nvidia Sets Quarterly Cash Dividend Of $0.16/Shr
lmao

>>19313367
>doesn't understand market inflation
the money being printed has to go somewhere bud

whats this 4 day week gonna do /smg/?

So...

The big popular dividend companies that took big hits in March will probably all recover to where they were in a year or so, for mad gains?

I know I should've bought in mid-March, but oh well.

20k into exxon and some others would be good for a 3-year investment?

Here is your failproof portfolio for the next 10 yrs:

AMT 7.5%
EQIX 7.5%
LMT 7.5%
NEE 7.5%
COST 7.5%
HD 7.5%
BIPC 7.5%
CDNS 7.5%
NOW 7.5%
POOL 2.5%
DPZ 2.5%
MNST 2.5%

TQQQ 25%

There you go. See you on Mars

>>19313317
>>t. sold late Jan, bought back in 3/23
You literally have nothing but credit card debt.

>>19313478
Pembina Pipeline.

>>19313189
Somebody tell me why the FUCK did LULU broke ATH while every retail is dead or on their way to bankruptcy

>>19313210

[Rant] You know those comments here that recommend on the Fi/RE movement, as an escape route from the hell that is full-time work? Here is what they're neglecting to tell you

(I am not an expert. I'm the exact opposite, actually. Please don't rely on this and go see a professional before making any decisions).

Whenever someone starts a thread here and shares the frustrations of the modern imprisonment system called "work", there's usually at least 1 comment that says "look into the FI/RE movement".

Well, I finally did.

I had to: my savings started amounting to a decent enough amount of money, so that I had to start thinking about it. I'm not a big spender type - just minor conveniences here and there, to relieve the pain of wasting my life away in a boring office role.

I've been saving ~50% of my take-home pay easily, and the interest I get for a savings account at the bank is pathetic - about 1%, less than the rise in the cost of living. A financial advisor warned me that by letting the money just sit there, it effectively depreciates as cost of living grows. To put it simply, I'm losing money by stalling.

The idea of FI/RE is that every dollar you don't spend matters, thanks to compound interest. There are compound interest calculators online, that show you, for example, that $10,000 today, with a standard interest of 5%, would equate to $16,500 in a decade. Some investors can supposedly get more than the basic %5-6, if they play their cards right, perform research etc.

But where does the 5%-or-higher interest come from exactly?

Your bank is not likely to pay you that much for your savings account. Here, the larger banks pay a LOT less.

Some smaller banks I found pay as much as %3.5, which is also somewhat low (and perhaps a bit riskier - I've seen one bank collapse in my days as a teenager).

Then, what is considered a 'safe investment', which also pays the a significant enough interest to allow one to dream of early retirement?

>>19313474
You should buy Canadian socks.
https://www.tmxmoney.com/en/investor_tools/market_hours.html

>>19313512
Have you ever heard of the internet, faggot

>>19313521
The answer most FI/RE types quote is ETFs.

I'm not an expert, but from what I read - an exchange-traded fund (ETF) is an investment fund, traded on stock exchanges, much like stocks. Instead of picking a stock one by one, investors can pick a fund that tracks multiple companies at once. The popular ones, which are considered "safe" (and often have lower management fees) track the performance of financial market indexes. You don't have to be an expert, and you don't have to hire professionals to manage your investments, which would offset all the profit if you're just an average Joe with a few grands.

Here in Australia, there are a few that track the top 200-300 ASX (Australian Stock Exchange) companies. Investors that rather put their money in the global market often choose ETFs that track Standard & Poor's index (S&P 500

).

Those are just two examples, and there are many other options out there - but those are very common suggestions to people who have no financial background, can't manage the money by themselves, are risk averse etc.

And the problem?

Once you check which companies those funds track exactly, you see what exactly you're investing in. From my perspective, they're the axis of evil. You're essentially betting on companies that do bad things.

>>19313378
seems like a legit video, having a camera guy following him like that

Are futures gonna open today or are they closed too ?

>>19313537
Here are some examples from the list of companies in the S&P 500 index:

Accenture - an IT company that hires bad-yet-cheap software developers in countries like India, as contractors; which in turn allows other companies to offshore their IT services and fire staff. I've seen that before.

Activision Blizzard - we've had a few links on this sub around their latest shenanigans. Around Christmas, they fired 800 employees, to make up for the quarterly losses - while their CEO was paid 28 million a year, for his supposedly-stellar performance.

Alphabet Class A and C - those are the guys that gather obscene amount of information on us all, track our every online move, in order to brainwash us with ads and perpetuate consumerism.

Amazon - their founder is the richest man on the planet, yet Bernie Sanders had to win a long battle in order to convince him to pay his warehouse staff $15 an hour. In U.K., an investigative journalist revealed that picker-packers in Amazon warehouses, whose every move is under constant surveillance lest they slack a little on the clock, pee in BOTTLES. They have to, in order to save time and keep their metrics up. Else they'd lose their job.

Apple - manufactures their iPhones in Foxconn factories in China, where staff are paid very little and have a high suicide rate.

That's just the letter A. The list is FULL of corporations that are famous for doing nasty things for profit.

Here are some more examples, after I scrolled down the whole thing:

Phrama companies that have pushed opioids and hid the fact they're addictive from the public.

Oil companies. I spotted multiple fossil fuel names.

Health care providers in U.S., who lobby hard against public health care, inflate the cost of health services and fight every patient's claim.

>>19313336
kek, wrong again.

>>19313469
It does. The larger problem is what happens when the market begins following fundamentals again, and IF those fundamentals show a prolonged recovery, sustained high levels of unemployment, rapidly increasing insolvency, and continually deteriorating forward earnings potential as a result of depressed consumer spending and medium-term changes in consumer behavior? There's a lot of uncertainty right now, and the market is running on hope that a large number of potentially negative outcomes are avoided while several positive catalysts all simultaneously materialize. The market is in a fragile position.

>>19313512
A lot of cityfags are working out, indoors and outdoors, which $LULU makes quality products for. Not to mention the brand is super trendy right now. In fact, I’m wearing a sweatshirt by them as we speak.

>>19313556
Some of the banks and financial institutes that caused the GFC are in the list. The guys who got bailed out by the U.S. government, then took the bailout money and paid HUGE bonuses to their execs.

Someone in the comments added that there are arms dealers in S&P 500 too. Next to those companies, Facebook and McDonald’s are relative saints.

***

Let's assume you're just about the money, and not letting this bother your conscience. Not judging.

You have to do what you can to survive in a capitalist economy, and you can't afford to reject the safest path to early retirement.

But who’s to say these companies are going to not just last, but grow, in 10, 20, 30 years? Especially the petroleum names in the list. Whose to say the banking system and the U.S. health care system will be the same by then?

I almost hope it won't. In order to be optimistic about the success of your investment, you have to be quite pessimistic about the direction that the world is heading to, and assume that our society won't improve; that we won't kick the bad, destructive habit of fossil fuel. Even Amazon's Bezos recently held a presentation about manning Mars; since he thinks we'll consume the resources here eventually, because we don't want to turn to "rationing" (his bleak interpretation on the degrowth movement, perhaps).

There are some alternatives, and you can probably build an "ethical" investment portfolio and choose less-horrible companies or indexes etc. The management fee will be far higher, and it's considered a less-safe path. Most investors don't. I see the same 3-letter acronyms on FI/RE forums, the same funds people discuss.

And they're all cancer. Lucrative cancer, at least for the time being.

>>19313550

>>19313512
Kek. You want a reason? in this market? It goes up because it can. Didn't you hear, they're reopening 200 stores, that's bullish apparently. Bullish enough to push it to ATH. Is that a good enough reason?

>>19313567
I'm still doing it, don't get me wrong. Billy Corgan said, "despite of my rage, I am still just a rat in a cage". If that's my ticket out of work, I can't afford to be ethical.

I would have bought real estate instead, but I don't have enough money to buy a tiny studio within less than an hour of my workplace (one of the axis-of-evil companies in the S&P 500 index, btw). I don't think I ever will, lest I sink in debt and work for 30 years. And the majority of the population here earns less than me.

I guess I'm just venting here. But the next time someone posts that if you skip that one cappuccino or Spotify subscription, you'd be able to retire early - please be aware that they're not telling you the whole story. They're not telling you that you'd have to embrace a sickly economic system, and hope for the best.

TL;DR - the FI/RE movement's promise relies on the success of the least ethical companies in the world.

>>19313200
Amen. Don't buy filthy stocks like Disney.

>follow the money or stay poor in a capitalist world
wew who would have thought?

Covered calls? Covered calls.

>>19313507
Onto my watch list it goes.

Hoping to turn 25k into 50k in 3 years, pay off all debts, then use dem programs to give me a down payment on a cheap house and be free of the rentjew.

Then leftovers and savings go into long-term investments while I laze away in a cushy civil service job with an absurd pension plan...

>>19313488
QQQ
Bubble: The ETF

>>19313641
how is lazing away at a government job lazing? you still have to be there that sounds like the most boring shit imaginable if you would want to sit anywhere and do anything against your will all day

what do you mean laze away youre still a worker

>>19313632
Spoon feed me stocks with best premiums for selling calls and puts please.

>>19313702
TSLA

>>19313683
>muh bubble
Back to r*ddit.com retard

any good stock youtubers /smg/ approved?

I'm worried that /smg/ is feeling bullish. I should have sold.

Is the FED a branch of the government?

fuck yeah we pumping

>>19313702
There are several factors that influence this even for a same stock.
- Underlying price of stock. The higher, the better the premium.
- Underlying volatility. The higher, the better the premium.
- Trade volume. You're not making much selling $5 strike calls on a $2.5 stock where there is no other call strike to sell. You'll do a lot better selling $295 strike calls on a $294.79 stock (assuming you don't mind being called out eod or you know it's going down).

>futures blood red
it's over bullbros...

>>19313765

>>19313721
are you going to max out your credit card and put all your life-savings into ESH too?

>>19313731
Unironically all the bears capitulated a week ago. Bulls never capitulated during this whole market.

>>19313378
Jesus IS Allah.
>>19313207
>pbu
Allah didn’t died though

>>19313765
just like friday huh? ;)

>>19313775
>Bulls never capitulated during this whole market.
That's been the largest worrying sign.

>>19313796
I'm dead certain we are going to have a second leg down. Even if we reach 50% above ATH within a year I will still swear by this thesis.

>>19313702
you need to understand how options work then it's easy to find on your own. the highest premium options are on the stocks with high implied volatility. TSLA VTIQ etc. ones that are prone to large price swings. volatility also increases around earnings

I just got my pension transferred over to a self-directed account and I'm going to all-in on Visa and just leave it for 30 years.

>>19313811

that is retarded

>>19313775
I haven't capitulated in 2 months.
The money printing machine is tard-tier sheep bait and I'll bet against it till zero.

I have 5k. Should I just dump it all into one thing, or try splitting it?
I’m partial to dropping it all into one thing because it’s not a huge amount of money (my net worth is tiny though) and I have a decent amount in crypto also.
What do you guys think?

>>19313775
Why would bulls capitulate? The bear market lasted like 1 week lmao. R*ddit meme crisis has been cancelled. See you at 3600 SPX next summer.

>>19313819
You don't count, you're just dumb retail with $2 to your name
t. market

>>19313683
>not understanding why tech stocks are justifiably valued so highly right now
>calling other people retards

>>19313816
Should I do mastercard instead?

Yum brands which is down 68% in net income is only down 15% year-to-date

>>19313811
based

the first notice in Etrade
>...and the Federal Reserve Bank will be closed
lel

>>19313806
I don't doubt it at all, and will act accordingly the very second one of you doomsayers can tell me exactly what the catalyst is going to be for another leg down. Until then, I'll be swinging swings and making those upside tendies.

>>19313826
Because this has never happened before. We have never come back from a dip that big without complete and total bull capitulation. Speaking of, we have also never seen a crash end that fast in history, with the fastest being a mini-bear market lasting 4 months.
What we have seen so far matching the current schedule to a T is temporary retrace to the 63% fibo (that's where we are and keep failing to break through) and then a second leg down.

>>19313688
My current day is consisting of 4 hours light labor with my headphones on, and 4 hours playing super Nintendo games and shitposting.

And it's a harder day than average.

I mean, other than having to wear shoes and pants, I can't imagine a lazier job.

feels like an eternity between now on Tuesday morning. i-i can't take it....this isn't just another 3-day weekend, something big is about to habben. i can feel it.

>>19313823
going all in on anything is always a bad idea. always. you never know what could happened and having all your eggs in one basket leaves you prone to getting blown up
>>19313836
better off doing paypal if you insist on it

>>19313846
Imagine if election day was made a holiday and markets were closed

>>19313729
The only one I have seen mentioned, have watched a bit, can confirm is not scammy garbage, and contains useful advice, is NoNonsenseForex.

>>19313860
There are tons of candidates: banks and real estate feeling the burn after corona is off the menu and aid stops flying their way, fed trying to increase the rate from 0%, the leftover real unemployment rate and the effect of the bankruptcies, the aftermath of the oil crisis, possible changes in the post-kungflu world e.g. with regard to wfh policies, international issues (e.g. canada is dying hard right now, and US usually imports a lot of oil from canada, without being able to get their oil they might no longer have energy independence), china trade war intensification, this quarter's gdp falling to fuckall (partially as a result of everything above), debt and leverage bubbling even more out of control...

>>19313869
ya but youre still at a job you had to get up and commute there and put on the clothes

it doesnt matter if you were wanking yourself off all day youre still not lazing by any means

youre on the clock

you cant leave whenever you want

youre coping

>>19313537
REAL or NOT????

>>19313702
>>19313716
>>19313762
>>19313808
From my list for next week based on options calc:
gme 10.6%
ntnx 9.6%
jwn 9.1%
cgc 7.3%
hpq 4.8%
goos 4.7%
cpri 4.3%
tol 4.5%
csiq 4.5%
mrvl 4.2%
ntap 4.0%

Remember though, highest premium does not mean best return. Don't get left holding stocks of a bad company you didn't want just because you got greedy for premium.

>>19313832
seems like you are the only guy constantly shilling for QQQ and TQQQ in every single thread.

>>19313905
Also how is it doomsaying? Do you really believe the 2008 crash is the last crash in history and/or the crash patterns will never look like crash patterns ever again?

>>19313512
Spotify and Wayfair also hit ATHs and won't fucking go down

>drive around
>buy stonks of businesses that are open
>sell stonks of businesses that are closed
is this an actionable approach?

Bobo. Pls come.

>>19313863
That was a manufactured bear market. Once people realized that covid-19 is a meme, they started a secular bull market in tech. If you are holding cash instead of MSFT, you're retarded. Hell their small dividend is better than bond yields.

yes china annexing hong kong bullish as heckies ;_;

>>19313832
Everyone and their grandma fled into tech stocks because it looks like the only safe bet in the market, despite tech stocks showing the most volatility on a regular basis. What do you think is going to happen when everyone has a large chunk of tech and Amazon in their profile and someone with a sizable portfolio decides to cash out?

>>19313829
Fuck off mouthbreather, I didn't do exactly what you said I did do.
get yourself a prosthetic chin

>>19313200
Don't short God. Long God. It's a true investment that you will always cherish.

GO UP GO UP GO UP GO UP PLEASE

>>19313932
Earnings reports are much better indicators and you don't have to drive around at all.

>>19313842
Priced in

>>19313906
I can leave after 4 hours.

I could be lazier and live under a bridge, true.

But this is the laziest reasonably possible alternative wherein I have comfortable housing and a good gaming rig.

>>19313907
It’s real

>>19313916
No, I don’t shill anything. Not even the guy you originally replied to, but if you don’t understand why tech companies have bounced back so hard in a world where physical businesses are all closed down then idk what to tell you. Good luck on your puts tho

>>19313940
I think it was artificially triggered by wuhan virus, but that it's not itself artificial: companies were too leveraged and this is the real reason for this bear market. If not wuhan, any other reason would have worked. Maybe the fed would have increased the rates one more time and let it tank this time.

>>19313806
There's a lot of downside risk right now, with uncertain upside risk without enough positive catalysts all simultaneously happening. I have accepted the crab.

>>19313819
No point missing out on short term gains by dogmatically sticking to permabear/permabull positions. You should adapt your trades according to the data you have in-front of you. There was a decent amount of upside momentum coming out of March, and the downside momentum was slowing by Friday March 20th. Similar to how we're stuck in a neutral price range right now, with not enough buying or selling pressure to distinctly propel momentum in either direction accordingly.

>>19313860
The catalysts for another leg down were laid out in the last thread, but just like positive catalysts, they take time to materialize. >>19311908 >>19312594

>>19313940
>manufactured bear market
>still thinking COVID-19 caused the March sale, instead of being the trigger
>thinking we weren't already headed into a recession
Take your head out of the sand.

UHHH BOBOS?

>>19313916
You mean besides the other guy that also called you a retard, retard

Well I dunno depends on the job/retirement options but me I'm legit retiring in 11 years and it's a full retirement at that (no early fuck you over deal). I'm 37 now. No FIRE method either. Thanks to being a state worker. Pension & 401k both. State picks up the tab on most of my medical after retirement as well. Paid sick and vacation time + state holidays. Hell they even "pay me" to vote. (get 4 hrs paid time to cast ballot; I cast vote, sit at home on my ass the other 3.5 hrs). Retirement time rolls around they pay me for any unused vacation time. Any unused sick time can be used as credit towards your retirement. Other words rack up enough sick time and you can walk out sooner.

Bitcoin dumps and dips also give advance notice of market health leading into the week of, like when bitcoin dumped and bottomed at 8.8k on May 11th and we saw Red pretty much all week.
Now Bitcoin is hitting sub 9k's again.
Its gonna be a bad week.

>>19313996
OH GOD OH FUCK AAAAAAAAAAAH

>>19313823
run the wheel on KO and put the rest in gold

>>19314000
get fucked niglet

>>19313823
Always split between multiple positions no matter how small. Especially across different industries. Even if it's just 3 positions that is much better than all your money in one.
I recommend researching price targets for bluechips. Since you don't have much to invest, you should focus on long term stable growth over some fools short term gambling games.
You should add in an investment expense to your budget and keep growing your positions slowly over time. Even if it's only $10 a month, or even $10 a year. Just having it in the budget is going to provide you with value.

>>19314000
T_T

AHHHHHHH

>>19314003
Nice blog faggot

>>19313996
is tradingveiw doing real time futures now?
or are you actually paying the 50/mo

>>19313992
Yeah, I made a bad call and i'm too deep in the hole to get out now, but I anticipate another leg down. Another leg down will recoup my losses moreso than capitulating and trying to recoup losses at the end of a(in my opinion) Bull rally.

>>19314003
I hope you plan on working on your own projects and things you enjoy. People who stop doing everything go downhill very quickly.

>>19313823
>>19314022
Rather I should say put the rest into XOM and accumulate XOM with your profits running the wheel on KO

>>19313984
>>19313992
Yes, I agree with both of you. That's why I said we're in a secular bull market. A bunch of zombie companies were being propped up by R*ddit index fund investors and we were due a shake out. The current secular bull run is led by tech companies which generate tons of cash and have little to no debt. There's also a bunch of hanger on meme 'Tech stocks' like ZM which will return to earth. But the market has split between winners and losers. Compare SPY to RSP or RSV. The equal weight/value indexes are still BTFO.

So futures are already green again with some real big green dildos. 300 SPY this week it is.

>>19314024
kys tripleniggerfaggot

>>19313980
Yeah, it's the same reason greasy fat fucks bought up all the Nintendo Switch consoles and started price gouging online until the stock was refilled and no one cared. Shit even the PlayStation 4 controllers were sold out everywhere.

Your little tech stocks are going to get dumped once everything opens back up. The smartest thing would be to invest in physical businesses because you're getting them for cheap and they'll instantly jump back up once the doors are open.

How new are you to this? I invested in SBUX at $56 in March and now it's up ~$21. Wow. It's almost like I could see into the future bro. wow. WOOOOOOAH

>>19314042
pretty sure that's investing.com

I’m holding a ton of QQQ 240 calls rn, I’ll be sure to post pictures of my hover yaht in a month to give you guys hope

>tfw buying SPX LEAPs
Literally free money

Not lookin good for gold in the short term

>>19314044
Oh I plan to keep busy. The trend now is IT contractors. State don't really have in house IT anymore. They outsourced it. So if I get bored I could be a contractor and end up working right back where I was only if I end up hating it I could tell them to kiss my ass and not give two shits about any financial pain.

>>19313583
Buy canadian stocks. Our index is much more ethical too, overall.
Only oil problems, but we need it to survive

>>19314095
If you think tech stocks are just rising due to a supply shortage which is again, a physical/china issue, you are sadly mistaken.
Raising $21 per share is not impressive. Tech stocks have raised over $200 per share if not more. Take a look at GOOG and NVDA to name a few that have a few moon missions of their own to attend to.

>>19314095
>Nintendo Switch consoles and started price gouging online until the stock was refilled
OH SHIT

Has the stock been refilled? VERY bullish if true for my nintendies, but I don’t think that’s right.

Parents I know of who don’t allow video games in their homes are so desperate to distract their kids they’ve brought the switch into their home. Nintendo is so bullish. I’m making money, and they’re bringing joy to children AND sanity to mom and dad.

Feels Goodman.

>>19314028
Stop sharting America and buy the dip in BILI.

Are we gonna see the repercussions of the Hang Seng Index dropping 1300 points this week, after the PPT loaded the Futures?
Shit was -250 points for the DOW until about 3AM

>>19314070
If we were in a secular bull market, RSP should not be trailing SPY to the extent that is. The fact that so many beaten down sectors have yet to see significant recovery is a sign that investors are still risk-adverse, that the market is top-heavy, and it's at substantial risk for a correction (small or large, irrelevant) when investors take profits, cycle out of cyclical defensive positions, or we see any one of many negative catalysts appear. A bunch of zombie companies are still being propped up by indexing and investors front-running the Fed, and institutional indexing is still a major contribution to the rebound we saw from March lows.

>>19314150
Nigger, a stock rising from 56 to 77 is MUCH MORE impressive than a stock rising from 1200 to 1400.

>>19314095
Keep posting why it doesn’t make any sense while Nasdaq hits 11k this year, idgaf. I’m telling you why it’s not a bubble, you don’t have to believe me. But in the meantime, people who have never done any substantial online shopping have been forced to adapt and will most likely continue doing more shopping online even after everything opens back up. I wish you good luck, dumb bobo

green on tuesday

>>19314150
...and your point is? A single share of SBUX isn't hundreds of dollars or God forbid thousands of dollars to buy. $21 profit on every $56 spent is pretty neat in my opinion don't you think? Considering it didn't even take 3 months to get to that point.

>>19314133

>don't buy shares in a company you like because you think it's overvalued
>it just keeps going up

Really need to start ignoring P/E ratios.

>>19314195
This is why there will never be another government shut down over this. The shut down was due to uncertainty.

>>19314231
Value investing is dead moron

>>19314195
Isn't it convenient how the CDC- which has largely been absent during this whole thing- is changing it's stance completely after there is a big push to reopen?

If you have a shit pot of shares even a puny $2 dollar increase pays off biggly... Take KOS; I got 4302 shares @ under 2 per. It rises to $4. I double my green. The high is 7 so a small push to 4 is perfectly doable.

>>19314242
Ah perfect, then everything is fine again and we can finally go back to ATH? Oh wait QQQ is there already. AHHHHHHHHHHHHHHHHH

>>19314231
Yeah if you're swing trading the p/e ratio isn't usually helpful.

>bers

>>19314231
lmao yeah P/E is for Warren R*ddit cultists

dump all chinese stocks.

the CCP can't stop shitting the bed.

>>19314202
Congratulations on your profit. The point is that the tech sector has stable predictable growth. It's not just some unsustainable corona spike market.
>Your little tech stocks are going to get dumped once everything opens back up.
Not true. Tech is going to be actually competing more and more. On the horizon is AI powerful enough for self driving cars.

We are possibly 5 to 10 years out if not more, but I'm expecting a similar dotcom boom of new AI and quantum based computing to take off. The price only goes up from here unless they decide to split.

>>19314295
That was always going to happen, communists are fucking retards

>>19314141
Literally only more corrupt companies in the world are in china proper. You can hardly be less ethical than investing in cucknadian companies. Then again, no clue why anyone would care about ethics.

Sleep tight bobos, if i wake up in a few hours, futures will be 1% green already.

>>19314231
I'm just waiting for SHOPify to crash.

>>19314249
>>19314280
Yeah I'm not buying your tulips.

>>19314260
QQQ 300 by December

FUTURES DOING STUFF

so i might be a little bit retarded, but what is the reason for wti to drop like -5% over one night? it's a limited commodity, with cut production, it should only go up from now right? chart shows otherwise though with these random ass huge drops. where are they from?

>>19314231

>>19314356
It was vertical in my gallery weird.

>futures moved up

YOU LIED TO ME /smg/

THE MARKET WASN'T SUPPOSED TO OPEN ON MONDAY

>>19313200
the man

>>19314313
You're too poor to buy my tulips if you are a faggot value investor. Enjoy your 5% CAGR and tax drag from dividends lmao

>>19314356
What a strawman. The thesis of P/E investors is that IF everything else is good, you should wait for a PRICE POINT such that P/E is within your preferred range. NOT that P/E should first be within range and then compulsively buy.

>>19314355
Oil is a shitcoin. Literally all price movements are speculative based on news about what darkies in some shithole across the world.

>>19314369
>listening to reddit /biz/ bears

sad! you played yourself lil nigga

>>19314369
I always get confuzzled by futures hours on long weekends. Sometimes they're open on the Sunday, sometimes on the Monday.

>>19313348
anon stocktwits is tenfold what this shithole coin memeing anime site is. this place is far worse.

>>19314387
PE is an end result, not useful for anymore

>>19314369
Dude not the whole World is the USA, in Europe we don’t give a fuck about your freedumb Holiday.

>>19313348
Stocktwits is literally the worse place on the internet

Bulls win again.

>>19314242
Uncertainty maybe.
More I’d say because healthcare capacity.

>>19314409
I agree it isn't useful anymore, but that's not my point. My point is that whatever book this comes from is clearly useless since the author doesn't understand even the most elementary principles of yesteryear's investment plans yet decides it's worth several pages pontificating about strawmen based on them.

Be so happy when KOS hits $4.0. 17,000 bucks will be mine to stuff in the bank.

>>19314388
but that's the point i'm asking about, it's not what you just said... you're more retarded than me if you believe that

>>19314425
This guy founded investor business daily and turned his small account into millions, he knows what he's talking about.

>>19314424
Why not both?

>>19314422
Check back in again in 36 hours. Have a drink and fire up the grill, or something.

>>19314451
>muh small loan of a million dollar meme-man from an era where literally any investment at all goes 10000x in a handful of years said so therefore it's goood
lmao
every
single
fucking
time

>>19314433
I’m retarded because the speculators do something that doesn’t make sense to you? Strange take

>>19314471
https://www.williamoneil.com/about-us/our-team/william-j-oneil/

What have you accomplished?

>>19314422
BLOOD GREEN
Face it bobos, America is ready to open up, its excited, and the markets are ready to get back to work. SPY 400 by end of year.

Yep I'm for sure bagging more RTX on Tuesday. Undervalued as hell still. The longer I wait the more I'll fork out. So better to bag more of it now while it's still cheap.

Unrelated, but I just received a text from an unknown number “Hi babe”
Wat do? Anyway, have a relic coin. Perfect for a FWTDHW

>>19314471
I guess thats why everyone from that era is a millionaire you dumb shit.

>>19314540
Send dick pick along with a pic of your driver’s license and business card.

>>19314495
I have a PhD and I invented 2 unique methods representing breakthroughs toward the systematic developments of cancer vaccines. I was published in jpr and nature biotech. And I did this despite everything working against me, from never-before-seen applicants to positions ratios at every single stage of my career, to quotas on funding and appointments. My achievements are comparable, in economic terms, to trading a single penny up into 10 billion dollars without ever gambling, when adjusting for the difficulty difference in trading from his era and ours.
And you?

>>19314540
play along and itll basically give away that its a bot after a few texts.

>>19314546
Not sure if clinically retarded or merely pretending.jpg
Maybe you should google people from that era a bit more before putting your foot in your mouth.

>>19314451
>This guy founded investor business daily
But that’s something people pay for, right?

It’s like saying the woman who wrote the secret knows what she’s talking about because she made buttloads of money. He made a ton off selling his system.

I am curious about IBD though.

>>19314565
So your a scientist not a professional investor. you were challenging his credentials of the author and failed.

>>19314501
sell the news

>>19314540
Ask them about their portfolio. See if they own any meme stocks.

>>19314565
>Nat. Biotechnol.
Impressive. Very nice.

>>19314619
yea lot of people pay for it because it has good stock picks even tells buy points.

>>19314369
Youre supposed to ride the bubble. You don't have enough money to pop it. Just build a parachute.

>This is My commandment, that you love one another, just as I have loved you

>John 15:12

I have a PhD and I invented 2 unique methods representing breakthroughs toward the systematic developments of cancer vaccines. I was published in jpr and nature biotech. And I did this despite everything working against me, from never-before-seen applicants to positions ratios at every single stage of my career, to quotas on funding and appointments. My achievements are comparable, in economic terms, to trading a single penny up into 10 billion dollars without ever gambling, when adjusting for the difficulty difference in trading from his era and ours.
And you?

SRNE
https://hindenburgresearch.com/sorrento/

>>19314619
IBD is good.
I'm not sure how they're handling the current market, though.

French wine is hog water. The Anglo-Saxon man must drink Port, Sherry, or Madeira. Anything else is unsuited to his palate, and constitutes an unnatural deviation from ancestral law.

Some of my best trades have been made while drinking Port wine. It is a quintessentially mercantile beverage.

>>19314678
I have sex

>>19314635
Jerome will institute new policy that makes it ILLEGAL to sell. You can only buy and hold for the rest of the time.

>>19314718
>SPX immediately drops to 10.

>>19314694
I'd jump on this if it had weekly options.

buttgore liquidated

Ok since covid is a nothing. That means Moderna should tank this week right

>John 22:1
>Peter seeing him saith to Jesus, Lord, what shall we do?

>Jesus saith unto him, follow thou me, invest in Big Oil

How high will $CARR go? I think it's a solid hold. I think it could be around the $70s by the end of winter next year.

>>19314789
Jesus is a lie, and a construct of the jews. And for that reason, I’m out.

>Bitcoin under $9k
get ready for some bleeding this week, fuckos

>>19314841
Based

>>19314841
What ever happened to that whole thing where this guy killed someone? Something about a boating “accident”?

HODL SEACATS

CONTANGO SOON!

>>19314845
Are you trying to say that buttcoin effects the adult markets in any way? If so, go back to your shitcoin threads.

>>19314845
this post reminds me that there are ETFs that literally do nothing but trade bitcoin

>>19314841
Kevin O'Leary is an ordained minister.

>>19314841
>>19314855

>>19314132
It's been crying out for a correction since early may desu. Barrick's gained 120% from march 16th through to last week when it shed some of those gains (start of a short term correction methinks).

>>19314858
that was his wife, never let a woman steer the boat.

>>19314889
Yeah, the old “no officer, the less important person was driving, pay no attention to the bruising from the seatbelts” except on a boat, there’s very little to prove otherwise.

Oil stonks are going to fucking moon this week. Screencap this post, retards.

>>19314864
see
>>19314005
And please dont drool on the keyboard while you're at it.

>>19314865
Rent free.

>>19314910
Sounds like something O'Leary would do desu

>>19314996
fuck off oil is going to crash so TANKERS can moon

https://twitter.com/shashj/status/1264161428455514112?s=21
Is China invading India bullish?

>>19314452
good chance the squints jam this up past 3k before america cash open.

>>19315021
What Tonk stonks are you holding on to?

t-t-tuesday will be green boys

>futures are going to break 3000 just like that
this is unfair

>>19315069
EURN, FRO, DHT

>>19315074
>NOOOOOOOOOOOOOOOOOOOOOOO!!!!! OLD PEOPLE DIED NOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!! YOU JUST CANT LET BOOMERS DIE NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!

>>19315106
~soiboi~ posters belong on a cross.
literal garbage posters.

>>19313317
Dilate

>>19315074
That's literally bullish, the elderly are a drag on the economy

Happy day.. soon KOS will be 4 a share and I'll get my fat wad of green.. Then I'll have hit the trifecta before I'm 40. Fat 401,a well seeded brokerage, and a nice wad in the bank. And no debt other than my house. blessed virus.. delivering epic money making opportunities my way.

>>19315084
You will put on the party hat and you will have a good time.

>>19315142
Stop spamming KOS, retard. There are better oil stonks.

>>19313512
I already answered this question, worthless nigger.

>>19315053
What the fuck are the Changs playing at? It's like they want the ire of the entire international community for every geopolitical, economic, and health reason imaginable.

>>19315054
A lot can happen in two days. We can go from "CDC Revises Fatality Estimates" to "Greatest Case and Death Increase Since March" in that time span, and then back again to "Wall Street Fleece's Main Street (Again), and Here's Why That's a Good Thing."

>>19315134
All the homes soon to be on the market and wealth passed down to consoomers who will spend it as soon as possible.

It's great to be an investor.

>>19315102
Not bad, but it's still not...

B I G Oil.

>>19314885
Nooooo I bought the Barrick “dip”!!

>>19315180
“Never let a crisis go to waste”

>>19315144
Based.
I’m so pissed I didn’t buy so many fantastic stocks. And I sold too much Regeneron before Tuesday’s gap up.

>>19315198
most of the elderly who died are in nursing or retirement homes. many of those in there in the first place because their children don't love them and sucked out all their worth already

>>19315229
Anyone not holding tankers is a certifiable retard. Literally any day they’ll triple in price when the market catches up to the fundamentals.

>>19315285
he says, for the 50th time this month as his portfolio bleeds

>green dildo on the futures
I want to die

>>19315106
dude why do you keep spamming this, why does your grandpa deserve to die?

China’s securities regulator has hit back at a proposal by Washington that could effectively force companies from the country to delist from US stock exchanges, saying such a move would “weaken confidence” in American markets.
>China’s securities regulator has hit back at a proposal by Washington that could effectively force companies from the country to delist from US stock exchanges, saying such a move would “weaken confidence” in American markets.
China’s securities regulator has hit back at a proposal by Washington that could effectively force companies from the country to delist from US stock exchanges, saying such a move would “weaken confidence” in American markets.
>China’s securities regulator has hit back at a proposal by Washington that could effectively force companies from the country to delist from US stock exchanges, saying such a move would “weaken confidence” in American markets.
China’s securities regulator has hit back at a proposal by Washington that could effectively force companies from the country to delist from US stock exchanges, saying such a move would “weaken confidence” in American markets.
>China’s securities regulator has hit back at a proposal by Washington that could effectively force companies from the country to delist from US stock exchanges, saying such a move would “weaken confidence” in American markets.
China’s securities regulator has hit back at a proposal by Washington that could effectively force companies from the country to delist from US stock exchanges, saying such a move would “weaken confidence” in American markets.
>China’s securities regulator has hit back at a proposal by Washington that could effectively force companies from the country to delist from US stock exchanges, saying such a move would “weaken confidence” in American markets.

>>19315074
this makes my pee pee very bullish

>>19315241
>“dip”
I hope no one here actually did that, It failed to break $40 for like 3 weeks....

>>19315309
Sounds like quite the stern talking to

>>19315297
I doubt your portfolio is any better.

>just the flu boomers were right all along
I feel fucking silly.

>>19315180
Domestic legitimacy. These are actions of a truly panicked regime wanting to quell criticism at home. People need to be watching what China does with HK. If they succeed with little pushback, the odds of them invading Taiwan are significantly higher.

>>19315074
priced in weeks ago

>>19315309
Wait hold on that delisting is only for Chinese companies right? not for other countries like Canada right?

>>19315353
Shut the fuck up, retard.

>>19315364

>>19315241
There's a good case for the correction to be only short-term.

>>19315309
On face value, he's not wrong.

>>19315337
That's the only excuse I could think of, and it may work to an extent for HK. But India or Taiwan would be going too far.

>>19315309
>listening to chink seething

>>19315337
>significantly

Hong Kong and Taiwan are two different stories. The former could be annexed by China with 0 casualties and (relatively) small international pushback because the treaties permit annexation a couple decades from now anyways. The latter would be a bloodbath with perhaps 100,000 - 200,000 casualties on China's part, international sanctions, and U.S. military intervention.

>>19315386
>On face value, he's not wrong.

So their contention is that increased regulatory scrutiny to prevent company like Luckin Coffee from defrauding investors will actually weaken confidence in US capital markets?

RETARD ALERT !!! RETARD ALERT !!!

>>19315337
They physically can't invade Taiwan, they don't have the troop carriers to do it yet, they are building them though, maybe in like 5 years

>>19315398
>The former could be annexed by China with 0 casualties
This is so wrong I cannot continue to read the rest of this miserably uninformed post.

>>19315386
The old Lenin quote about probing with bayonets nicely sums up how the east views relations with the West. If they can get away with seizing HK, they will view this as the West being unwilling or unable to defend its interests. They will perceive it as a sign of weakness, and they will seize on that. China has a history of sudden, unprovoked acts of military aggression throughout the centuries.

Taiwan is rightful American clay.

https://www.ubs.com/global/en/wealth-management/chief-investment-office/market-insights/spotlight-corona-virus/_jcr_content/mainpar/toplevelgrid_1278123178/col2/actionbutton_2394179.0639375705.file/bGluay9wYXRoPS9jb250ZW50L2RhbS9hc3NldHMvd20vZ2xvYmFsL2Npby9tYXJrZXQtaW5zaWdodHMvZG9jL2ludmVzdG9yLXNlbnRpbWVudC0yMDIwLnBkZg==/investor-sentiment-2020.pdf

Hmmmm... a lot of people insist this is not a good time to buy stocks...

>>19315444
Everything is rightful American clay, we just allow other entities to occupy it.

>>19315309
sounds like chinks seething, probably will result in a golden bull year when people realize this

>>19314622
You could argue he's not a professional investor either. What is his method's performance in the modern era?
https://etfdb.com/tool/etf-comparison/FFTY-SPY/#performance
That's right, it's fucking worse than spy. Same as the ombarassment of omaha. Spy is a very fucking lame benchmark too, it's extremely easy to outperform it consistently.
Conversely, I am not claiming to be a good investor or to know a lot about investment and trading. I merely claim that he doesn't, either. That's like a patron telling a chef he can't cook after sampling nasty food.
The fact is, there's nothing by any investor born before 1980 that's worth listening to because they might as well have lived in a completely different world, and for those born after 1980, one has to be careful to avoid those who won big in 2000 or 2008 on flukes.

>>19315460
bull
ish

>>19313583
You sound like a self entitled arrogant asshole, and you have a lot to learn about the stock market, the economy, and life. What’s good for those companies is generally good for people and technological advancement as a whole. It’s good to produce the most services/goods with the least amount of input. I don’t know how the trend of hating efficiency got started, but it’s cancerous. Another myth is that capitalism needs infinite growth, companies can produce the same amount of goods, and generate the same amount of profit, and their stock prices will still rise. You should look into fundamental analysis. You’re probably a filthy commie anyway, and don’t deserve to make it.

>economists say recession real therefore is true

Well considering Hong Kong is a Chinese property since 1997 they can do whatever the fuck they want and there's zip the west could do about it. It ain't like Taiwan; separated by water and has its own government.

>>19315460
outdated

>>19315526
>Spy is a very fucking lame benchmark too, it's extremely easy to outperform it consistently.

Then why is everyone a millionaire?

Keep selling losers. I keep buying.

>>19315417
Consensus is that China needs to conquer Taiwan within a very very short time frame (2-4 weeks) before Taiwan turns this it into a bloody slogging stalemate. Taiwan is very well entrenched, but you cannot discount how irrational the Chinese have been over the last few months.

China watchers are all on edge right now. This is not characteristic behavior from them, and its feared they are seeking a conflict

wait

did it just bounce off 2970 AGAIN?

>>19315576
buy more tankers

>>19315439
>>19315580
Taiwan is a horse of another color. The Taiwanese have been hardening their infrastructure and what military they have has focused heavily on urban warfare. If I remember right, the US has some assets on the island as well. Their military is banking on American military intervention within a two-week time frame, and China should know that. It would be taking the cold war, hot.

>>19315557
>By Q2, we'll meet all criteria for NBER's recession definition.
>Not a recession.
Let alone the business cycle was due to end within a few years.

>>19315563
HK is one of the most laissez faire societies on the planet. They are fundamentally Western at their very core. Not just this, but if China seizes HK in the manner in which we are talking, foreign direct investment is going to dry up. HK is the financial doorway into, and out of, China

how to tweet as a bear:

> rejected at 2700 lol its over
> rejected at 2725 lol its over
> rejected at 2750 lol its over
> rejected at 2775 lol its over
> rejected at 2800 lol its over

>>19315573
Almost everyone becomes a millionaire by the time they retire anon. Even nowadays when money is quite a lot harder to come by. Boomers were significantly richer than those before AND after them for a reason. Remove those who were born on street pavements and you have nothing but rich opportunistic leaches. Even those who didn't touch the stock market (which is the overwhelming majority of them). Not everyone knows about or wants to invest, just like not everyone knows about or wants to cure cancer.
But still, of all the things you could be hung up about, that's what you go with? By this logic, learning that 1+1=2 takes being a genius because down syndrome kids can't do it. If it was so easy to learn 1+1=2, how come there are people who can't?

>>19315526
It's not too bad

>>19315623
There is zero guarantee the US would directly intervene. Trump is extremely dovish, sometimes overly so. I personally do not think the US would end up getting involved.

You may not see HK and Taiwan as related, but China sure does.

>>19315651
>Almost everyone becomes a millionaire by the time they retire anon.

The majority of Americans over the age of 60 live in abject poverty

For Memorial Day do futties have that token 2 hour observance period tomorrow afternoon? The temptation to start trading futures options is so strong but so far I’m resisting, I just know that it can’t end well.

>>19315580
I’m an IR scholar and I can tell you that people are “on edge” because everything they’ve said about China was bullshit. Their entire careers are on the line because they’ve spent years saying “intentions aren’t discernible” and “China and US can cooperated.” I was one of the few that said that China’s intentions are very clear and it turns out that I was right. They are an evil people that have a superiority complex that will turn the world into its vassal state if they are to become a superpower.

>>19315306
This is why I sold all my puts.

What are the chink markets doing? I loaded up on 05/26 $296 SPY puts Friday.

>>19315728
>They are an evil people that have a superiority complex that will turn the world into its vassal state if they are to become a superpower.
t. amerifat projection

>>19315309
>Weaken confidence in American markets
>Chinks think they matter
LMAO THE FUCKING COPE! CHINKOIDS CANT DO SHIT!

>>19315667
As usual, you can make anything look good if you hand-pick the time horizon (of course you can make anything look bad by the same).
'03 is basically the optimal time to pick beaten-down tech stocks, '09 is the best time to pick beaten-down banks, etc. In-between, performance isn't as stellar. From the link above:
IBD 50 on left, SPY on right -
1 Week Return 0.51% 3.20%
2 Week Return 0.76% 1.03%
4 Week Return 6.77% 4.41%
13 Week Return -11.77% -10.89%
26 Week Return -8.01% -3.96%
YTD Return -8.72% -7.67%
1 Year Return -2.58% 6.85%
3 Year Return 17.42% 31.42%

5-year return for IBD50 is 29.08%, it is 54.95% for SPY.
https://etfdailynews.com/etf/SPY/
https://etfdailynews.com/etf/FFTY/

>>19315753
They’ll be worthless at open on Tuesday. Grats, dumb bobo you played yourself

>>19314565
Top kek

>>19313189
I hope you bros sold before the next dip
>>19313200
Fpbp
>>19313207
all*H btfo

>>19315728
It certainly seems like they want to impose a century of humiliation on the western world

>>19315677
Of course, there's not a 100% guarantee the US would intervene, but Taiwan is a strategic military asset to the US. We sold to and helped the Taiwanese military install an early-warning detection system for the monitoring of Chinese military assets, ballistic missile launches, etc. The Taiwanese coast also provides access to the Pacific for the Chinese navy, in particular their subs. There are a lot of reasons why it would make sense for US military intervention that solely benefit the US, not including assisting Taiwan in it's own right.

>>19315728
>>19315758
Historically, that's always been the case for the Chinese. I don't see why anyone would think that would change. Their superiority complex has been ingrained into their culture for over three millennia. They continue to view non-Chinese as barbarians, even if they don't openly admit to it.

>>19315778
That's a small time horizon 5 years. It's a new fund, it could still outperform, the canslim strategy looks for stocks that will break out. The idea of the strategy is to pick your own stocks anyways. Not just buy an etf. Nevertheless william j o'neil is a legit guy.

I shorted SIX and SEAS on Friday, how fucked am I?

>>19315728
Well you aren't talking about the China watchers I follow then. None of the people I'm watching have ever said they believed China was a benign state actor, all say we've been in a cold war for 20 years now. They are still on edge. No one wants war, anon. Even defense hawks like myself.

>>19315758
This is unironically how China views itself, anon. They make no effort to hide it. https://www.defenseone.com/ideas/2020/04/how-china-sees-world/164870/

>>19315846
The Chinese actually view Ashkenazi Jews as superior to themselves. There are tons of self-help books on the Chinese market about how to "be more like a Jew" and stuff like that. Weird but true.

https://youtu.be/JOxgXB6AsVY

>>19315896
Thats how America views itself and actually has done the things you're paranoid about China doing.

>>19315694
What's your source?
https://www.cnbc.com/2019/08/08/baby-boomers-wealth-is-12-times-greater-compared-to-millennials.html
their AVERAGE net worth was 1.2m in 2019, even when including those of the generation following them which are destitute by comparison.
Maybe you're looking at numbers that tally their savings against their reverse mortgage'd house that they used the cash to live the high life with?

>>19315911
Cringe

>>19315941
not an argument fatty

>>19315860
The point of any strategy is to find stocks that breakout. The IBD50 is o'neil's approved method of picking the stock. The fact it appears only to work during downturns reinforces my main thesis: he just got lucky once and posed as a genius ever since. This is also the case of warren boomer, for example, who can boast pretty similar performance profiles all things considered. You can choose 8 years instead of 10 if you prefer, but the result will be the same. Conversely, you could handpick obvious shit like tech and oil during this downturn, you'd already be way higher than what IBD50 could accomplish in the next several years of recovery-boosted gains.

>>19315947
Likewise, fedoraposter. I don't take people like you seriously because you don't take any of these issues seriously. I was willing to take you seriously until you began Howard zinning and outted yourself

>>19315911

cringe

>>19315992
>>19316008
>nooo its not an arugment to point out my hypocrisy!! american puppet state good!! chinese puppet state bad! american martial law good! chinese martial law bad! american interventionism good! chinese interventionism bad!

>>19315990
It actually works best in bull markets, the system involves trading and stop loss. You don't really know what your talking about.

You should read his bio
https://www.williamoneil.com/about-us/our-team/william-j-oneil/

>>19316037

> t.kike

>>19316049
Meanwhile in real life I have given several actual live sources where you can see you're full of shit and it works only during downturns, severely under-performing even spy otherwise.

>>19315870
Should have shorted fun.

>>19315307
>his grandparents are still alive
kill yourself zoomer

>>19316086
>>19316086
>>19316086
new bread

NEW @_@

>>19316089

>>19316089

>>19316089

>>19316089

>>19316069
I'm sorry, you're retarded, you spoke about time horizons then sourced a small horizon then revealed you know nothing about the strategy.

>>19316098
OK retard

>>19315557
>economists

>>19316058
If I was a kike I'd support you retards for giving Israel billions every year while your cities turn into african shitholes.

why is europe and other countries aloud to trade on a holiday. complete bullshit. they would be speaking different languages if it wasnt for usa. they better not tank the fucking market.