/biz/ - Business & Finance

>>19599079
Two questions for /smg/:
1) Do you disagree that we can expect millions of dead Americans from covid?
2) If you don't disagree, how do you estimate these millions of deaths will impact the stock market?

dubs decides what I put my $2k loan info

I will provide proof

Promising oil buys?

Fuck Buffet and his fellow boomers

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

DOW 40K in 2025

>>19599122
Black

how high will NVDA go?

???

I'm 100% cash and want to cry :(

>>19599122
$MO

I want more stonks but only have $300 left

>>19599121
priced in old man, get on with the times

Reminder this is not sustainable

Thoughts on $VVNT?

>>19599079
For those of you who missed it
https://www.youtube.com/watch?v=IT8rUfmVHug

>>19599122
>dubs decides what I put my $2k loan info
You got the dubs so you decide on your own, bitch.

>>19599079
I love NCLH so much bros

>>19599159
That's what I'm trying to figure out, if millions of deaths have been priced in or if the market expects there won't be millions of dead.

BULL BOIS TAKING WHAT IS RIGHTFULLY OURS!!!

>>19599029
>>19598989
based.

I gotta say though... all these pennystock shills and oil/airline momentum players making stupid fuckhuge gains is making me damn jealous.

>>19599079
Based animay glasspress...
>>19599122
KO and MU
>>19599137
Higher.

I'm up 12% on normal hours and already another 2.5% on after hours. And the rally is only just beginning.

>>19599125
KOS, TTI, few days might bump up.
Hard to say, kinda late since most are near ATH.

MRO and OKE are already moon.
My ENBL went down in After Hours a bit.

>>19599171
IT WASN'T SUPPOSED TO BE LIKE THIS

Why is AMPY getting zero attention on here?? Tired of all the potential 3x and 4x stocks on here?

https://marketingsentinel.com/2020/06/08/amplify-energy-corp-nyseampy-projected-to-grow-by-335-27-or-more/

>>19599187

bvll chads rise up

DONT FORGET YOUR STOP LOSSES MUMU

>>19599163
>real investment advisors

>>19599122
KTOV

>>19599079
You’re a faggot. Fuck niggers btw.

CPE is accidentally my largest holding.
>Bought 2000 shares @ about $0.80
>Now it's $2.5
I feel like I should sell soon

>>19599125
SSL KOS OXY HAL and maybe one of XOM or RDSB

>>19599121
1.) not for a few years
2.) they will only affect the market if they bloom/there's a localized outbreak. You can watch iron prices and X vs steel that doesn't have mining operations.

>>19599187
Play iron with me then. It's the same trade as oil but not nearly as fucked imo. we might be late as shit, but give it a look. There's a few winners.

>>19599198

Yup tomorrow is looking good. Expect to pump all summer I plan on exiting sometime before the next round of earnings reports snagging puts and buying back in at the lows and riding it out through the holiday season

>>19599122
NKLA

>>19599082
Meh, I mean I threw 11k at OTM SPY puts that went to 0. Would have printed if we gapped down instead of up memorial day weekend. Sure it was foolish, but It's risk vs reward. I mean it was foolish to pick up those AMZN puts that I sold for like a 350% return, but still made a return on the trade. Who gives a fuck what I think?

>>19599213
companies that miss their earnings like clockwork don't seem very bullish to me

>>19599171
HTZ

>>19599254
Did u read the article tho?

FUUUUUUUUCKing FOMO man
God damn

>>19599185
>millions of economic drains dead
it was bullish the entire time you low IQ redditor

>>19599163
Reminder not to buy meme NASDAQ tech and e-commerce stocks with retarded P/E and you'll be fine.

>>19599213
im in shipping stonkz AWOO

>>19599122
Luckin

>tripfag

>>19599238
Not a bad plan but what makes you so sure the market will dump on earnings? As I recall last earnings resulted in a slight pump, maybe I'm misremembering.

>>19599122
TMDX. Have fun.

>>19599266
no

>>19599236
So basically if deaths are spread out over a few years there will be no shock and no obvious sell event, thus the markets can handle it?
Couldn't it result in slowly eroding consumer confidence turning the market into a downwards crab?

>>19599122
SOXL

>>19599122
MILK

>>19599296
Why are people saying this?

>>19599163
Noooooo I’m a genius with my heckin 5 figure account and just didn’t get lucky!!!

How long can this NKLA rally possibly last? Is this a legit safe ride for a few days or should a dump be expected tomorrow ?

Is SPY $400 realistic by December? I'm trying to pick a safe option

>>19599122
sqqq

>tfw in the conversations section of yahoo finance with all the boomers talking about how our stock is gonna go up
We're all gonna make it bros

>>19599315
>he doesn’t know

On Friday AEY showed up on my screen. I though this is great. I forgot to buy today. Up 45%

DIX AND GEX MOVING SLIGHTLY UP
>DIX AND GEX MOVING SLIGHTLY UP
DIX AND GEX MOVING SLIGHTLY UP
>DIX AND GEX MOVING SLIGHTLY UP

FUCK IT
I'M BUYING TNA
WHO'S WITH ME??

>>19599214
yeeeeeee
MILK FOR THE BULL RUN
(pussyjuice also acceptable)

You really think I should bother with stops?

>>19599227
>calls OP a faggot
>reposts an image another poster just posted in the previous thread
c'mon man, bring some new shit in here

>>19599236
I was thinking possibly could be a winner, but IDK shit about iron.

>>19599270
NOPE
I'M BUYING DEXCOM AND YOU CAN'T STOP ME BOBO

>>19599269
> the dead are drains
Yeah that's something I've considered, but I'm not sure I buy it, given that 25% of dead are under 65 years old. Nevertheless, I am mostly worried about the impact of reduced consumer confidence, and I don't think people will say "well granny wasn't very productive anyway, I'll just cheer up and go to the cinema so I can kill gramps as well".

>>19599122
GPS

>>19599230
If you put around $1600 into it then you could sell off most of it until it's worth that again and take the rest as profits while you keep 1600 in in case it keeps going up

>>19599122
NBRV

CAN YOU IMAGINE THINKING THIS MARKET IS GOING TO KEEP MOONING. CAN YOU FOR A SECOND COMPREHEND THAT THERE ARE PEOPLE IN THIS VERY THREAD WHO THINK THE SECOND WAVE OF CORONA RIDDEN RIOTERS SPREADING IT EN MASSE ISNT GOING TO DIP THE MEME MARKET

>inb4 butthurt bear

t. Big dick bill

>>19599324
even the most liberal estimates have SPY at 360 eoy

>>19599321
Sell $20 puts and buy them back for pennies after the IV crush.

>>19599293

I think the numbers will be disappointing in relation to the huge pump we’re all witnessing. And I believe a lot of others will be thinking along the same lines I am and looking for a catalyst/excuse to exit and take profit thus crashing the prices we’re seeing some. I don’t expect March lows but some pull back will happen. Could be 100% wrong and I’d likely buy 1 call for every 2 puts just to hedge a bit. We’ll see what happens between now and then but that’s what I’m cooking up

>>19599155
Same bro, same

>>19599328
Link?

>>19599122
VOC

>>19599324
Fuck that. No.

I WANT IT TO TANK

say hypothetically you made a half a mil over the past few months. how would you use it to set up stable passive income that you can live off?

>>19599122
KSS

>>19599353
dont be retarded, there is going to be a rug pull eventually. If you dont set stop losses youre going to get killed

>>19599353
You’re a fag too.

>>19599361
>rioters dying will have a negative economic impact

lmao
Are you invested in drugs or something?

>>19599361
there is literally, LITERALLY, not a SINGLE reason for the market to dip bigly, or even just a little big the remainder of this year

>>19599122
LK

>>19599383

Put some aside for the tax man or you will be very upset

>>19599315
it's one medical fag that shills it

>>19599361
Liberal rioters didn't have jobs so it doesn't matter. All that will happen is the unemployment rate will go down and stocks will continue to moon.

>>19599353
Forgot my image.

>>19599355
you're obvious a coastie, v shaped recovery and pent up demand are both memes that will be come reality. how can't you see this yet?

>>19599361
>t. Big dick bill

God damn I want it to drop. I don't buy into FOMO and hype after getting burned more than once in the past, but it's still hurtful to watch.
Could've made like a year's net income in the past couple months.
Could've saved a year of my life.
Fuck man.

>>19599122
OAS

First Monday on the stock market. God bless you rascals. I’ll see if I can not fuck this up. I know one day is nothing.

>>19599374
Just search for a stock in yahoo finance they all have one

CHK a safe buy? It's up quite a bit but just a year ago it was three digits....

>>19599252
how much money would you have invested if you took everything you invested in options and stuck it in SPY over time?

Is rh gold worth it?

>>19599442
I just looked, It was reverse split.

>>19599444
Not as much as spy options

>>19599122
GE

>>19599405
Hello. I wouldn’t buy it unless you want to hold for a long time right now. New stock offering at $14 will probably make it dipperino. I still am confident they will be bought out by 2022 though.

>>19599122

LCi

>>19599395
>>19599409
>>19599402

Rioters are not the only ones who will die, have you seen this thing spread? Are you guys fucking kidding me?
Even if the US is fine europe will go in to recession on the lack of tourism this year alone.

Please dont try to imply the US market is disconnected from the EU

bros is nkla and hertz gonna be bullish tomorrow or is it pull out game time

can someone explain to me why USO isn't rebounding in correlation with airline/cruise stocks?

>Tfw there was no dip to buy
JP Morgan didn’t give me time to accumulate with the Overweight rating

>>19599301
the hit to revenues and tightening profit margins (which was happening anyway) is what we need to keep watching.
>So basically if deaths are spread out over a few years there will be no shock and no obvious sell event, thus the markets can handle it?
Anything that's local... lets say a mine or an excavation corp, asphalt/cement contractor, or something that can't grow beyond a region too easily can get smacked. Additionally, areas with worse health infrastructure will be slow on return to normal or might suffer having additional risks
>Couldn't it result in slowly eroding consumer confidence
You could label the slow return to revenues this, but it's just going to be generally slow long term.
>turning the market into a downwards crab?
it might just do it for fun.

>>19599353
I looked up all that i could and will average in over time. I'm up about 30% right now, but it could be co-movement. commodities in general are low (I continue excluding oil in the short term here). Any disruptions to countries that can't easily manage covid are gonna have to close shit, like the US did for food processing. The kicker is that they will be slower to get back on their feet than the west. If all of these companies need higher prices to break even, then odds are that shale (mid term without the fallout of the previous demand destruction and their debt loads), miners, and any other raw materials producer and transporter will be in a nice healthy pocket for a few years due to continued disruptions an upward pressures on commodity prices. I'm checking now to see if there are better hedges than DXD and UVXY.

>>19599488
>>19599488
>>19599488
>>19599488
GOT'EM WITH THE MEME!

>>19599316
Kek

>>19599418
v shaped recovery is already here, so I can see that. The question is if it will hold. Pent-up demand I really wonder about. Big companies are making huge investments into the idea that our society has fundamentally changed as a result of covid. Large sections of the workforce will work from home. I know several people with restaurants in places that have been reopened for over a month (other countries, so dem vs rep does not play in), they haven't seen and don't expect to see demand returning to normal for a good, long while. The only indication I have of pent-up demand is people claiming it exists in /smg/ and as far as I can tell, it could all be wishful thinking.

>>19599324
Tfw I have SPY 350 calls 7/6

Too late to buy IVR calls huh?

>>19599420
M8 look I would much rather we were doing business as usual. Easy money on 3x leveraged NASDAQ etfs and selling SPY options. But anyone who thinks "that was it" is delusional. I also would have liked to make money in the bullrun, but its just imprudent to go in diversified into random stocks now. Especially holding over long periods.

>>19599533
no

>>19599453
I use it but I don't really think it is, but that's mostly just because I don't care for the meme reports they have. Instant deposits and being able to see the order book are pretty nice, and it's $5 so if you're working with enough money it's not too big a hit or anything

>>19599361
Have you been to the protests yourself? Most of the attendees are teens and young adults below 25. There are no boomers around, and the government wouldn't send in infected cops, would they?

Right /smg/ time for your recovery memes that haven't yet taken off fully as the rest......

I have my eye on.....
VVI
TWO

>>19599511
Good reply, thanks a lot. I will indeed keep my eye on the revenues & profit margins. One more thought: could a big, local crash spook the market into a general crash?

Could we see $30k by the end of the week?

>>19599361

Point and laugh at this absolute KIKE

>>19599079
rate my portfolio:
>DAL
>GDP
>PZZA
>SKYW
>UAL
>DG

>>19599533
Set alarm clock for 9 AM tomorrow and buy those IVR calls early?

>tfw my retarded self didn’t invest when this shit was $20 like I wanted.
Fuck

Is it too late to sell my HTZ?

>>19599574

There are a few boomer old men who probably are shit professors, but most of it is black dudes and white guilt folks

uk bros any broker recommendation to start up

>>19599372
Fair enough. Not a bad plan. I assume those calls will have longer time horizons so you can hold them through the dip if all goes according to plan?

>>19599604

Yup you dun goofed I got in both under $22

>>19599574
Thank you for your intelligent and insightful input animeposter. I am aware that the virus spreads only in small cluster and definitely doesnt get out of hand. Literal nothingburger.

>tfw want to get into investing but don't know how
>clicked the links from op and still don't understand

I don't know if I'm cut out for this

>>19599574
>government wouldn't send in infected cops, would they?
:^) yes, yes they would.
Bureaucrats are dumb as fuck.

>>19599606
When did you buy?

>>19599612
trading 212

Although they shat the bed last week on US open, was fine today for me

Again, wtf is up with no engagement with AMPY?? Where's the anon that recommended it to me the other day??

https://marketingsentinel.com/2020/06/08/amplify-energy-corp-nyseampy-projected-to-grow-by-335-27-or-more/

everything up except shitty IVR

>>19599620
I’m honestly pissed at myself. I thought there was going to be a dip last week and that was when I was going to go in. Now I don’t know if it’s even worth it.

>>19599611
Right, there's a few of them. But everyone's wearing masks so it's okay.

>>19599526
I had a few but I sold them
Theres no way to know until we get the news about corona from the protests.

>>19599590
In what way is what i am saying jewish or subversive you deluded slider?

>>19599574
> Most of the attendees are teens and young adults below 25.
So what? You think they don't spread the virus?

>>19599634
Last night, Tokyo time.

>>19599524
I manage a restaurant and our phone has not stopped ringing all day. We are already booked up for the entire week and our first day open was today.

too late to buy more SSL? or should i drop this entire $900 on AMPY?

>>19599640

They’re all still barely at 50% of their 52w highs. There was a sell off last friday I’m certain there’ll be one this Friday. I expect them to push 80-90% of 52w high by the holiday season. It’s far from too late.

>>19599612
trading 212, kinda annoying interface having to manually switch to candlesticks but i use other sites for charts

orders get filled in a reasonable amount of time

>>19599665
Hold SSL until it's at $20 and you won't be sad. Just buy into AMPY

just buy any stock that hasn't reached its old high yet and hold. the fed is literally on your side. because of orange man, they are willing to pump regardless of the consequences, so fucking make bank before it all goes to shit in a decade.

>>19599661
My honest congratulations. Though I am cashgang I'm always hoping things work out for everyone, I'd rather the economy survive than have an investment opportunity. So I'm hoping your example is indicative, I really do.

>>19599653
And who are they going to spread it to exactly? It's not like these nogs know their dad, and all the libshits hate theirs.

>>19599586
>could a big, local crash spook the market into a general crash?
Any shock could send prices down. How much is a different question. DB and COF are on my watchlist. Fannie and Freddie might be interesting. August - October will be scary too. T bill yields should be watched too.
replying to this above >>19599524
>v shaped recovery is already here
Basically. if we're in a V recovery, what are we returning to?
Revenues were already slipping and we're having an issue with dollar utility. there's just too many dollars competing with each other so the pend up demand meme is great and all, but if the corps are going to keep trying to grow on debt based spending, they're going to keep choking themselves up until they're insolvent over something like the corona shock. 3 weeks of missed revenue and Q1 goes entirely in the shitter for many corps. It's just... grim, maybe.

If I had more money, I would have made so much more money. Makes you think.

>>19599677
I think I’m going to put at least $500 into one if not both. Still pissed at my retarded self though.

>>19599627
supply/demand
buy/sell

NEVER buy a put, you'll just be burned like the rest of bears here. The bears left in this general are loyal communists.

>>19599615

That’s the dream. Always good to have at least the framework of a plan. Nothing is rigid in the market but it’s good to have a goal, keeps emotions out of things a bit

>>19599700
>It's not like these nogs know their dad, and all the libshits hate theirs.
lol ok that's a fair point I guess, I'm not too versed in ghetto life...are the maternal grandparents typically around?

>>19599627
Literally just buy banks or oil retard

Hey airline boos, some American management staff will get their final notice in a couple of days, either the 10th or the 11th I can't remember. A number of them are NOT taking the incentive packages to voluntarily leave so now the airline will take them out. Also, the positions with union backing like ramp workers for example, are also getting the incentive offers again. Apparently the airline was hoping more of them would voluntarily leave. Those employees can take the package now or just get laid off in October.

Anyway just some news from what I heard today.

>>19599604
>>19599713
Can't do anything about the past. They will both keep going up though, look at their January numbers for example. It's not still note late imo.

>>19599713

Wouldn’t hurt and you could do much much worse that’s for sure.

>>19599744
That’s what I’ve been thinking. They are too big to actually fail and flights are barely open.

>>19599741
Man some chinks showed up and it spread like wildfire. There are people, numerous people who interract with riot people even though themselves are not retarded.
Please enjoy your gains but dont be stupid.

thinking of buying SHIP tomorrow

>>19599122

CCL

>>19599781
pump my meme gamble, good goy.

Just wanted to say I love all of my frens on /biz/ and I hope you all have a blessed week :)

GOOD AFTERNOON ANON!!!

Remember that if you want to be a rich person, you must imitate other rich people.

>Rich people do NOT slack off on paying their bills, in fact they pay them ahead of schedule and before anything else
>Rich people do NOT take out mortgage loans for houses they can’t afford or are just plain ridiculous.
>Rich people do NOT eat out every meal, or go shopping at Walmart/Amazon 5 times a week.

>Rich people make budgets at the end of every month and audit last month’s expenses.

>>19599811

>>19599811
thanks fren, you too

>>19599781
i need a femboy bf (gf, but BF) so bad

KO is going to bust above $50 before end of week. I doubled my position today.

>>19599436
Welcome to the fun! That's a killer first day of trading.

>>19599829
Why do you care if your best friend is a femboy?

>>19599729
I'm rooting for you. Maybe I'll do something similar. If I take an options position it will be small though. Right now I'm making money at ludicrous speed, instinctively I know there will have to be pullbacks here and there I'm just worried about trying to time them. It's like catching a knife that just got blasted vertically out of a cannon.

>anon who bought into IVR at $6.9 here (for the lulz)
>already recovered to over $7

feels good, man. 1k shares here, here's hoping it gets to 7.9 so i can make a grand. might go higher and that'd be great but just making a quick grand is good enough for me considering i did no analysis on this shit.

actually, honestly, looking at the TA today (felt like an idiot because i didn't use it, this is just a fun gamble for me) it seems like i could probably day trade these sorts of stocks more often and could make a lot of money. the issue with day trading TA is always volume, so it feels like the trick is to find the cheap stocks that are putting out massive volume to allow for little to no slippage, even though they don't do it all the time. volume is necessary for stocks to trend and to avoid massive slippage on the obviously larger positions you need to take in these stocks, but IVR was clearly putting up those numbers today.

God damn afterhours has been huge for me

>>19599198
I was up 2.5% across my portfolio when I posted this. It's now 4%. Ridiculous.

March newfag who has been playing with lunch money here.

I think I may pull out my gains this week to buy a red dot sight for my rifle. I'll be happy that I'm getting something physical out of waking up every morning, lurking here, and buying based off of what post has the most people shilling it.

Any good stocks that i can invest all my money in and just sit on my ass for years with little return but juicy dividends?

>>19599561
Does it allow after hours trading?

>>19599691
I also went to a mall in a neighboring state and it was absolutely packed and only like half of the stores were open. People were waiting 45 minutes to go into Marshalls dude.
A couple weeks ago I watched a video from Howard Marks talking about how we were living in times worse than the Great Depression and I looked out the window and people were jogging, riding bikes, having picnics. I mean it completely flew in the face of everything he just said. Sometimes the numbers do lie.
I don't buy into any of this doom and gloom stuff because I see so many examples that counter it.
I think people fell for the corona meme really hard and nothing about our economy is fundamentally different now than it was in December.

>>19599122
CRC

>>19599488
based memer

>>19599900
KO or JNJ, maybe T

>>19599908
There's a line because they only let a certain amount inside the store at once. At least, that's how it is over here.

>>19599900
DEW

real estate companies IVR, TWO, LADR, MITT

Tankers

>>19599122
because I feel like being nice, DAL.

So I guess fed printing trillions cancels out -50% GDP so we are back at the peak of a bubble except with double digit unemployment and an even greater debt load. Anyone greedy enough to buy this deserves it.

>>19599892
Based DENN and SSL hodler

>>19599953
>t. Mike Maloney

Okay please don't tell me I'm the only one who bought GUSH at under a dollar before it reverse split and held until now. +10 bucks on Friday +16 today. @67.08 right now

>>19599839
KO is basically already there.

>>19599900
Doesn't really work that way unless you bought in early. Dividend yield is the dividend payout (annual) against the cost of the stock.
The only real exceptions are MLPs and REITs because of how they are structured.

>>19599524
V shaped recovery is not here. The economy is in the dumpster and the market is high on stimulus money. Printed money does not equal productivity. The realization will lead to another huge crash and oversell, but absolutely nobody can say when it will be. It might not even be this year.

>>19599953
based and right. The absolute floor for S&P (without shuffling the deck) is probably something like 800-1200, everything is madness.

>inb4 REITs don't pay dividends in cash but in more shares of the REIT
>thus diluting the share even before a dump

>>19599937
My point was more that people were even willing to wait that long just to shop at a really basic store

>>19599944
Checked

>>19599953
debt isnt real

>>19600001
I love REITs. They can pay me in whatever they want as long as they keep doing this

>>19600006
this
money loss on market crash is also not real

AHAHAHAHA CRAMER JUST SAID "MILLENIALS, ZOOMERS, AND DEGENERATE GAMBLERS"

ZOOMERS IS CATCHING ON!

>>19599289
God I wish she'd chain me up in her Gulag of sexual deviance...

>>19599122
Still NO dubs?? Fuck it
25% TNA
25% FAS
The rest in limit buys at today's lows for REGN and DXCM.

>>19599390
yeah... I'm expecting at least a dropoff in the DIX or GEX before then.

>>19599393
Negative, I am a straight "white" "American" male.
>>19599415
well at least you have good taste.

>>19599511
I accidentally a word. Should have said:
>I was thinking NUCOR (steel) possibly could be a winner, but IDK shit about iron.

>>19599900
will need at least 10 from different sectors to be well diversified

here's my DEW calendar of stocks I have (and are on my watchlist)

>>19599953
This is just a bubble says increasingly nervous bobo for 12th time this week

>>19599971
My biggest positions were actually RTX at 61.40, XOM at 36.14, and SYY at 41.00

SYY has been the comfiest hold of my entire portfolio, you guys should check it out. Just been steadily green every day since I bought at the beginning of April, and it just keeps going up.

Assuming a crash looms, am I better off keeping it in cash or putting it all in KO?

>>19600042
I heard, I heard.
Cramer is learning faster then other talking heads.

I told you earlier faggots:

>>19592209

We're just getting started. If you didn't listen, now might be your last chance before the liftoff. See you at $15.

god these futures are so fucking bullish

>tfw was looking at htz earlier
>saw how it went bankrupt so didnt buy
>uncle buys it
>it moons
so this is how fomo develops anons i have 1k what do i do i dont want to be left behind anymore

>>19599079

If this bull market is only because of the fed pumping in money, why are emerging market ETF's rising at a similar rate? Wouldn't we notice a disproportionate change in countries with or without government stimulus?

>>19600051
hey divchad, what're your favorite bank, industrial, consumer cyclical, reit, and small caps right now? Any that you like at these levels?

>>19600060
REALLY wanted SYY, also kinda TSN, but they got away from me.

>>19600086
never heard of it
...fuck, now I gotta work out. That webm is making me thirsty.

>>19600079
He's often ahead of the game, but he was behind in realizing the bottom. Still, much ahead of Buffett and Druckenmiller and others, and was buying on the way down with his club. And basically called out the TINA/asset inflation/fed super-propulsion on air this morning.

you did sell today right anon?

>>19599953
Fed is printing trillions out of debt of foreign currencies and not out of thin air. The purchasing power of the dollar won't be affected, only countries with dollar denominated debts, the printing will destroy the third world and the developing countries though, which means that these countries won't be able to pay. If they can't pay, they become ours, and if they become ours then they have to work for us extra to pay their debt to us.

>>19600123
Let me give you a hint: if you're being told to buy something, you're already too late
Your best bet is to just a put a bunch in an RNG and then buy whatever it spits out

Heheheheehe

>>19600042
>Cramer
Who cares about that shithead?

>>19600159
why don't they just do a public offering of stock to pay for their debt if the stock price went up so much?

>>19600159
i'll average down :^)

>>19600171
im probably gonna try oil and transportation like cruises and airlines probs ual or aal then norwegian for cruises since its low oil ive been trying to figure out a low one

>>19600170
Based.

>>19599502
I could be wrong but i can’t fucking imagine Nkla, a company with ZERO service provided, going past 100

Green baggie is getting fuller by the day..

>>19600231
it's 90 as we speak

>>19600159
Chk puts. Got it.

>>19599079
What's your highest percentage gain stock of the day, /biz/bros? Mine is SSL.

Why did you doubt him?

Pill me on the quality, legality, reliability, and boundaries of asian masseuses in the northeast US.
Yes I made that much today.
Or talk me out of it.

>>19600234

What a boomer looking folio

another good day. 2.8% today meeting the weekly quota. going to snib snab some more money during this week too.

>>19600263
Bought at 5.24, averaged to 2422 shares at 7.60. Shit is still pumping after hours

Hey wheres the anon that bought 16x leveraged WTFs on WTI? How are you?

>>19600159
ooooo fuck I think Wells Fargo holds their debt? Hoping for a nice WFC dip!!

>>19600067
I think KO is going up, as is the market. Maximum pain is still higher. Millenials and others may have bought the dip, but there's SO much money on the sidelines that is absolutely seething.

Anyhow, KO is going to benefit from all the reopening restaurants and bars and shit, it's a consumer staple but it still benefits from cyclical spending! And I think (?) it benefits from weakness in the USD. It's good shit. One of the best risk/returns in the market I think.

>>19599839
Absolutely based, I bought a small tiny bit of KO calls. I was hoping for a nice dippy to buy.

>>19600237
Its most likely going to keep going up until the first news of a bad decision on the company's behalf, then it'll tank.
I'll be ready.

>>19600218
Also known as the Dollar Milkshake Theory. I suggest you read more about it, it's one of the reasons why the dollar as a reserve currency will never be replaced.

>>19600286
Holding SSL till $30

>>19600263
IVR for sure, on 2000 shares at 4.10 got 105% then re-traced at 6.40ish

>>19600151
this is GESARA

>>19600263
>>19600284
>>19600286

Sasol brothers assemble

Hold for divvys and $50 PPS

>>19600263
MITT. 110%. From this morning when I bought. If I'd all in on that, I could be very wealthy and own much more SSL. But I would had had to take a 90 day possible trading ban for selling something while the money I bought it with still processed from some other thing. For some reason. The FTC is retarded.

>>19600086
Microcars are a big fad in my country. You might be on to something buddy...

>>19600153
Do your dd. Thank me later by putting C U N N Y on your Lambo license plate.

>>19600293
Wait are you the same anon that was shilling KO earlier? I got me 200 calls.

>IVR UP
>DAT VOLUME

This train has no brakes

>>19600308
Between NKLA and IVR I'm up over 12%. Biggest single day gain for me

>>19600329
What's your country mate?

STOP BUYING SASOL GUYS I HAVE NO MORE MONEY RIGHT NOW YOU DON'T NEED MORE SHARES I NEED THEM REEEEEEEEEEEEEEEEE GIVE ME THE SASOL OR I START A WHITE RIOT THAT WILL MAKE MINNEAPOLIS LOOK LIKE A YOUTH GROUP

>>19600060
>>19600153

Had SYY on my list bro, went TSN instead

might load up SYY at next dip, shit still has potential as do others in that industry

https://www.tradingview.com/markets/stocks-usa/sectorandindustry-industry/food-distributors/

>>19600123
Dude, you're just FOMO'ing. $1,000 isn't a lot of money but its all the money you have so I would say just buy an index fund or ETF that way you are just basically buying the market. Keep dollar cost averaging in.
Spend some time educating yourself and learning. When you get comfortable you can start buying individual stocks. I mean 20% of $1.000 is $200. You could make that in a day of regular work. Im just saying that to give you some perspective man. Don't go chasing the dragon.

>>19600377
Portugal.

It's either rich teens or old farts driving them, but year after year I see more of them.

Not sure if that company has plans of coming to europe, but I can see the potential.

>>19600308
btw IVR bros if you start seeing that 90-100% return mark its probably going to drop just from people re-tracing. Be on the winning team and lets make it together.

>>19600387
kek. JP Morgan now owns your shares. Too late.

>>19599453
yes, you're ngmi without margin

>>19600263
HEXO and SNDL

>>19600408
what are the best ways to educate myself? i just looked at em now so maybe ill try em out seems like they would just be a long hold i was planning on just increasing my 1k then going into things like that so thats where the idea of airlines oil etc came in since the coutries are reopening i think they would increase

>>19600426
Are they subsidized there? In the US the gobmint pays around $2500 for each.

>>19599122
GNUS

>>19600042
>NUCOR
I'd pick that over X for steel, but I'm playing increasing iron prices, which might hurt steel. X has a mining operation, but I wouldn't know which will manage increased iron prices better.

made bank on val

dont know plays for tomorrow

>>19600512
Are you from any particular degree/industry? Invest in what you know and believe to be a growing industry in years to come.

An index is a safe bet like some anon said.

Research stocks, check company sites, learn how to read finantial spreadsheets, learn what some acronyms mean, etc etc. It's an endless journey which in the end, we're all degenerate gamblers.

guys if bobos are right and big red is coming, how secure are banks' stocks like jpmorgan and wells fargo?

I forgot about this until pretty recently, but I first learned about the stock market like two years ago from this pajeet boomer who needed his computer fixed. I fixed his computer during a house visit, but he was so thankful, that he sat me down and showed me his fidelity account. He gifted me some small introductory stock trading pamphlet. I've made way more from stock trading than any of my previous jobs combined, so I guess fixing that dude's computer was my best investment.

Reminder: Disney/Universal will be opening up wide soon. Airlines will benefit. KO will benefit. People will be rushing the parks like mad. Coke will be flowing like crazy... So will water.

>>19600348
Today? I've been posting the MarketEdge analysis and the Credit Suisse call as it being one of their June conviction calls, and top pick i n "Household Products & Beverages".

I have made a lot of money by buying KO calls on dips, it's one of my favorite strategies.

>>19600574
ah... yeah that's much more big brained. I was just thinking about accelerating industrial demand. I should've probably bought silver calls when copper pumped and kept pumping.

I wish I could bathe in Petroleum

Remember to anyone thinking about getting some pizza to celebrate today:
Papa John's, in addition to fucking over their founder and CEO and framing him as a racist when he was not one at all, have cucked out to the rioters with a twitter post.
I didn't check other social media, but Pizza Hut and Dominos both haven't posted yet and are safe.
Or if you want something a little more comfy and satisfying than pizza, you could always start tomorrow off right sipping a nice cuppa and tucking into a nice stack of pancakes and some eggs and hash browns while browsing through stocks waiting for open, at a local Denny's Diner near you!
Have you tried the Grand Slam breakfast yet? You should!
>>19600477
The funny bit was I almost mentioned JP in that shitpost but decided to go with brevity

>>19600662
I mean you can, but it would fuck you up. Probably atleast make you go blind.

a toast for red futures

>>19600643
In an index jolt downwards, banks will follow that move as well.

how many of you actually invested in bio pharma? IMO i feel that industry is a fucking SCAM. yeah let me just pitch an idea to research cancer cells and call it a FGT-69 and have the stocks skyrocket because it was FDA "approved"

Question guys. I put in 11 different orders into TDameritrade two hours ago at regular prices. Two hours later, ALL of them are open. Why? I know after hours things are slower, but why would they ALL be open??

>>19600686
It's going to be bloody. VIX is already at 26 and rising.

>>19600643
a bobo here. we've been wrong for the past few weeks. you are safe. keep buying. i'm long and strong now. i'm a bull now. it feels good to finally see some green.

>>19600652
I think prices are still somewhat equitable for a few corps, even with the pump (which i think is more co-movement than speculation). I also don't think we've priced in the horror show BR will be. I'm going long on iron miners and shipping corps associated with them.

ADVICE ON STOP-LOSSES PLEASE!
What kind of stop do you use for leveraged ETF's?

I just added on to my TNA and FAS, pretty risky. I wish I'd seen that CHK bankruptcy first.

>>19600603
honestly i find this real fun ive sorta just been looking for shills so i might as well just lurk here see what gets said if i like something ill buy it after some research

>>19599154
n-nani?

>>19600700
FDA approval is harder to get than you seem to think. The danger with bioshit is new drugs often fail the process in clinical trials before the FDA enters the picture.

>>19600686
>>19600709
shhhhhhh

>>19599604
You fucked up anon

oh so NOW oil decides to pump even though there is no change or news at all. ok. totally makes sense

>>19600263
This meme

>>19600522
I don't think we got them electric microcars here. Electric cars are subsidized by the government yes, if that could be applied to electric microcars it would be even better.

Gasoline microcars are popular among 16 year olds in Portugal because they can drive them by doing a type of partial road rules/driving test license which enables them to only have to do the driving part of the full license at 18.

Meanwhile they enjoy the perks of fucking around from 16 to 18.

I really see potential for electric microcars here, but I could be wrong, really depends on how commercially competitive that canadian one is.

Second hand microcars are relatively "inexpensive", new ones can go up to 10k euros tho.

> bearish divergence on all time frames
> people are still buying calls

>>19600709
You are going to get bodied yet again.
>>19600722
More then 5% it can be triggered easy.
otherwise if you are real worried put something near your Initial investment so you don't completely lose your ass during market hours.
Pre/After there is no help.

so unless you're sinking five or six figures into the game, you can't really live off this right?

>>19600750
Oil is always twitchy. This is standard price action for it.

>>19600686
Literally how do you still have ANY money

>>19600722
You need more than a stop loss for a leveraged ETF. Circuit breaker is at 5% so you could do 25%. But that won't help against the crab.

>>19600750
OPEC announced that they were extending production cuts through july today. Watch the news retard.

>>19600760
>bearish divergence on all time frames
Post your TA there, Bob. I see no such thing.

>>19600762
gotta have money to make money. for reference I threw 5k at BA, CCL, DFEN, etc just before the big pump and I'm not at 7.1k. Those are really great % gains, but in the grand scheme of things it's only 2.1k, which doesn't affect me a lot. So maybe another point is that gains are relative to the individual.

>>19600263
CCL

>>19600724
I'll be honest, some anons have been shilling good shit lately, but this market is an abnormal fuckfest of multiplying your money. So always thread carefully and "do your own research"

You already know what it is like to be poor I assume, I know too. If by any chance you manage to multiply that 1k, don't forget to recoup gains/initial investment or at the bare minimum, put a stop loss well into profit so you will never lose that 1k.

>>19600789

>>19600762
You can trade 1-3 ES contracts with less than 10k, if you're really good you could easily withdraw enough money every month to sustain a normal life. But if you're a beginner, then obviously no.. not a chance

>>19600762
I've put in 34K over 3 years and right now my accts are worth 47K.
You need 6 figures to even think about it.

So are we scared of OPEC trimming down Sasol in August, or think it's just a short-term roadbump for them?

Is it possible that the stock market is ahead of the bond market on HTZ, like it was with the recovery and jobs report?

>>19600777
>>19600761
yeah I know I'm fucked if it gaps down, and I'll just have to take the stoploss triggering at a loss of maybe more than 25%...

I don't know, I wasn't sure if there were best practices for this sort of thing.

>>19600827

>>19600827
>I am retarded
Bro come one. I've been a bobo for two months now and I just can't take it anymore. It's not coming down and I'm tired of losing my ass...its never coming down....

>>19600762
You'd need at least 100k without any debt to live off of just this

>>19600709
I'm up 7% AH. What are you even talking about

>>19600847
So options calculator is telling me my max upside for IVR 6/19 $7c is like $430 total profit for 11 calls.

This seems ridiculously low for my amount of exposure, is it really only $430 potential?

>>19600827
>>19600847
sigh... yeah I figured you didn't know what you were doing.

>>19600847

Can't decide on BA

>>19600786

>>19600846
>Is it possible that the stock market is ahead of the bond market on HTZ
You have that backwards. Bond market is by far the most grounded at the moment. Stimulus and bailouts don't mean much over the time span of years or decades. I have seen nothing less of continual and constant offloading of Ford and Macy's bonds since February

>>19600193
thanks Will

>>19599121
https://en.wikipedia.org/wiki/Consequences_of_the_Black_Death#Social,_environmental,_and_economic_effects

>>19600793

I could throw a grand at each of those...perks of living at home

https://www.youtube.com/watch?v=XJzID62kRtw
Me right now
Bears are unironically 100% fucking dead. How could you even buy puts in this market the way it is?

>>19600700
Companies even after they make it through the FDA hoopfest can still tank. If they don't market themselves or get a partnership deal to mass roll out the drug or take up Big Pharma when the buyout offers roll in then they are fucked. Why? Big pharma will not let any upstart drug steal profits from them. Any that reject the buyout get "killed". ARMN is a case study in this. Wonder drug that works, FDA approved. Dead as a door nail though cause they rejected the buyout offer. Now the generics can roll out thanks to the court ruling so bye bye any leverage AMRN had in the market. (The timing of this court ruling so close to after the FDA green-light is very telling) Then once the clock runs out on the drug patents in 2029 and the company is fucked Big pharma can snag them for pennies.

>>19599604
i got 43 shares at 22 but shills here told me not to buy more and buy RTX instead

>>19600706
I always cancel the orders then rebuy like 2 or 3 times, if that doesn't work I'll up the strike price a little.

In the end though if nobody's selling, nobody's selling.

>>19600891

Call IV is crazy right now, its like buying puts mid march.

>futures

>>19600916
That's like comparing the aftermath of WW2 to the aftermath of the Football War

>>19600913
I know that's the consensus view, that the bond market is always ahead of the stock market and much smarter, "ignore the bond market at your own peril," but I'm just speculating that this time it could be different. Stock market seemed to see the jobs numbers before they came out, treasuries only reacted after they were released.

>>19600941
Dividends will suck out your gains.
Dividend posters work round the clock to suck our your gains.

>>19600941
RTX is still a great buy though.

I GOTTA WAIT UNTIL FUCKING 8:30AM TOMORROW BEFORE I CAN DO ANYMORE TRADING. IT'S BULLSHIT. I MADE SO MUCH MONEY PLEASE OPEN BACK UP! WHY ISN'T IT 24/7!?

>>19600933
played this on repeat election night. good times

>>19600786
It's real easy to just read, yet majority of these fools can't

https://business.financialpost.com/pmn/business-pmn/shell-suspends-operations-in-argentinas-vaca-muerta-area-after-seismic-activity

https://www.usatoday.com/in-depth/graphics/2020/06/05/oil-spill-red-river-permafrost-tied-russian-arctic-circle-emergency-diesel/3143679001/

Hell even most offshore platforms are halted and contracts are scrubbed.

>>19600762
Pretty much. But hey, you could probably make enough for a down payment on a house.

Give me one reason why I shouldn't liquidate my entire position to go all in on STOR

>>19600973
maybe in the long run but DAL is up 64% since i bought it and RTX is only up 16%

>>19600985
Imagine corona virus crash but with someone like Warren at the helm. We'd take a decade to get back to where were are right now.

>>19600946
So I'm literally exposing myself to 90/10 loss to win ratio? Why the fuck would i even buy them??

>>19600969
What's wrong with dividends

>>19600968
>I know that's the consensus view, that the bond market is always ahead of the stock market and much smarter, "ignore the bond market at your own peril," but I'm just speculating that this time it could be different
People say that every time. And they are wrong. Every time.
>Stock market seemed to see the jobs numbers before they came out, treasuries only reacted after they were released.
Money markets like T-Bonds are temporary safe havens during crashes. Portfolios with significant bond exposure don't get MORE during a downturn.
And that is only T-Bonds. A lot of corporate and municipal debt is in flames. The bond market dumps their stakes when a company becomes at risk of default or is headed towards bankruptcy and is given government handouts. Stocks, since 2008, RALLY on such news. It used to be that getting a government handout was a kiss of death to both bondholders on the secondary market and to its stock price. But not anymore.

>>19601000
Hardly anything to worry about. The seismic activity has passed. In the case of Russia, the oil just wanted to return to the earth.

>>19600935
Thats fucked dude. i don't think I'll ever touch bio pharma unless they're big for divvies.

>>19601000
you got a lot of people here banking on recommendations from /smg/ so them not watching the news is to be expected

>>19601022

Because stonks go up everyone is buying

>>19601016
I got both. Be honest, don't it make you feel good knowing that every time a terrorist fucktard gets a missile up the ass you can say "I own a part of the company that did it"?

>>19601037
perhaps because it's not a kiss of death anymore?
You saw what happened with the carnival bonds and boeing debt and the high yield etfs. Fed just said today that they're expanding main street lending facility (and I'm not even sure if it's up and running yet?)

>>19600895
k. Have you backtested this RSI divergence strat of yours? I mean rigorously go through a number of old charts and see if that kind of thing gives you better than coin flip odds of success at predicting future price action? My concern here is you are using 30 minute candles and calling peaks with your trend lines that haven't confirmed themselves to be peaks yet. Second, because of the short time frame you are using for your analysis, you may be calling minor insignificant drawdowns within a bullish trend, such that, unless you're day trading, the analysis has little utility.

>>19601073
true

>>19601083
it's showing on longer timeframe as well

>>19601083
Shut up faggot do you hate making money?

>>19601078
>perhaps because it's not a kiss of death anymore?
Who knows. Corporate profits in 2020 were almost identical to what they were in 2018. And now they are worse. If the stock price doesn't actually care about the underlying performance of the company outside of avoiding bankruptcy, and that bankruptcy can be pushed away with bailouts then the market is just crypto.

>>19601130
In the last three days you could have had flat to upward angle trend line on the Nasdaq with sharp downward angle on RSI, same as you've done here, and been wrong about the price action that came after.

>>19601150
:p

>>19601063
don't assume all biotech is like those microcap biomemes with no drugs on the market, and everything riding on FDA approval on 1 - 3 experimental drugs.

Regeneron is one of my favorites, and I'm warming up to Bristol-Myers Squibb and Seattle Genetics. Hell, one of the largest pharma giants in the world is Merck, and their immuno-oncology drug Keytruda is fueling all their growth because it demonstrates such positive test results for various cancers, particularly some of the lung cancers.

Also, AMRN had more going on than that, but with those teeny tiny companies, the game is "buy the rumor, sell the news".

>>19601159
>Corporate profits in 2020 were almost identical to what they were in 2018.
my understanding is that we were pretty much in a recession already, and that recessions usually end with a bear market.

This market really is the "money printer go brrr" meme.

All these faggot bears with all the DD in the world can't beat retard strength bull market.

>>19600925
might be a little late now friend. don't buy when everyone else is and don't sell when everyone else is. don't listen to /biz/ (too much..)

>>19601063
Yeah here's another one that's happened just recently. EVFM. Just FDA approved birth control med. Stock is very cheap. Even after the FDA approval. Birth control very big business. So you can imagine whats happening behind closed doors. If they don't take the buyout offer(s) they're fucked.

>>19601185
>my understanding is that we were pretty much in a recession already, and that recessions usually end with a bear market.
oops! got it backwards.

Bear markets end with recessions, and some were saying we had been in a bear market for years as only large caps were growing.

Tfw trying to pick a pennystock that is not quite a meme yet but just on the cusp of becoming a meme in a few days.

>>19601130
Also, while I'm diving in to this, look at that earlier set of trend lines you did around 2018-2019. There are a number of spots on the RSI where you could have said this is the peak, but it wasn't and the upward trend continued for several days and weeks thereafter. Your confirmation on that particular divergence would have been after the lower high at 80 followed by confirmation break below what looks like 58. I still think this is a hokey way to approach TA but you can make this strat better than it is by waiting for confirmation on price action before calling reversal.

Good luck in future!

>>19601358
It's harder than you'd think!

>>19600900
Pull the trigger anon, join me in fomo hell

>>19601185
Sure AMRN did have stuff going for it. Hell I was a big supporter. I made green off them to. But the writing was on the wall soon as they got FDA approval and no buyout offer was accepted nor any news of a partnership. It's one thing to have ideals. It's another to stay profitable and keep the company going. It was also nuts of them to thank Big Pharma would let any upstart heart drug slip through without them getting it. Or failing that, kill the drug so it wouldn't rob sales from the other major heart drugs in Big Pharma's bag.

>>19601410
>Sure AMRN did have stuff going for it
that's the opposite of what I was saying. Amarin DID NOT have stuff going in its favor, it had an FDA label expansion that the CEO tried to make a big deal out of, and a lawsuit that threatened to take that drug's exclusivity from them, which they subsequently lost.

They didn't reject big pharma, big pharma had more profitable ways to play heart disease. AMRN's model was low-price, which is the opposite of what heath benefit managers want. What the system wants is high cost drugs that can get high reimbursement or something like that.

If AMRN wins the appeal, it can squeeze up, but it's still not a gamble I am willing to take.

>>19601159
Stocks are going up now because there's nowhere else left for money to go. Interest rates are at 0 and bond yields are losing to inflation. Dollar index falling as well so you can't even hold cash.

Don't think that this means there's faith in equities though, the second the fed raises the rates all that money is coming back out

>>19601403
Buy DFEN

You should have bought SNSS

>>19601496
kek, actually I was agreeing with you in a round about way. But I don't really care what happens with the company. I made my money from them. I'm just glad I bailed before the ax fell.

>>19601602
I should have bought HTZ. I'm putting a couple hundred in for shits and giggles.

>>19601629
puts? Yeah, good call

>>19601602
yeah....last december, and sold in march

>>19601358
I'm thinking of buying some SHIP and EMAN. Seem like good memes to me

>>19601717
That march price won't compare to what's about to happen.

also MITT is almost $8 after hours. feels good

>>19601734
Don't be a trip fag man, cmon. We already have that idiot baggie around. No one cares who you are.

>>19601798
eh, I like the shill tripfags. makes it easy to point and laugh when their shit falls through
remember big5guy anyone?

>>19601695
heh

>>19601734
Why the fuck are you showing your face around here when SNSS is 43 cents a share and it's even lower than it was in March?
>>19601841
His shit already fell through, he needs to get the fuck out of here in embarrassment.

>>19601734
i'll bite because I'm bored
Know something the company doesn't?

>>19601798
It's not like that mongoloid is new around here, he's been talking about SNSS x10 for a long time now

uhhh so Cramer flipped out a little on his online interview thing today... he seems to think something's fishy about what's going on in airlines and cruises... "that's not sustainable!!"

I think you guys should see this. But also, how the hell does he know what price the government has warrants at for these stocks? I don't imagine thats just a tip from his buddy Mnuchin that he's dropping on the net.

https://www.thestreet.com/video/jim-cramer-sell-american-airlines-if-you-invest

>>19602008
could be a scam to get you to sell so the big fat cats can scoop up the cheap shares

>>19602171
No one's getting my DAL shares till I sell them @ 45 per. (37.45 now)

>>19601998
I really just hate fuckin tripfags man.